Document:

EX-10.7

 EXHIBIT 10.7 

EXECUTION COPY 
  

 
  

CREDIT AGREEMENT 

DATED AS OF AUGUST 18, 2015 

AMONG 
 JAGUAR
HOLDING COMPANY II, 
 AS PARENT BORROWER, 

PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, 

AS SUBSIDIARY BORROWER, 

JAGUAR HOLDING COMPANY I, 

AS HOLDINGS, 

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, 

AS ADMINISTRATIVE AGENT, COLLATERAL AGENT AND
A L/C ISSUER, 
 THE OTHER LENDERS AND L/C
ISSUERS PARTY HERETO, 
 CREDIT SUISSE SECURITIES (USA) LLC 

J.P. MORGAN SECURITIES LLC, 

GOLDMAN SACHS BANK USA, 
 UBS
SECURITIES LLC, 
 DEUTSCHE BANK SECURITIES INC., 

MORGAN STANLEY SENIOR FUNDING, INC. 

AND 
 BARCLAYS BANK
PLC 
 AS JOINT LEAD ARRANGERS AND JOINT
BOOKRUNNERS, 
 AND 

MALAYAN BANKING BERHAD, NEW YORK BRANCH, 

AS DOCUMENTATION AGENT 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I. Definitions and Accounting Terms
	  	 	1	 
			
	 Section 1.01
	 	Defined Terms	  	 	1	 
	 Section 1.02
	 	Other Interpretive Provisions	  	 	66	 
	 Section 1.03
	 	Accounting Term	  	 	68	 
	 Section 1.04
	 	Rounding	  	 	68	 
	 Section 1.05
	 	References to Agreements and Laws	  	 	68	 
	 Section 1.06
	 	Times of Day	  	 	68	 
	 Section 1.07
	 	Timing of Payment or Performance	  	 	69	 
	 Section 1.08
	 	Currency Equivalents Generally	  	 	69	 
	 Section 1.09
	 	[Reserved]	  	 	69	 
	 Section 1.10
	 	Letter of Credit Amounts	  	 	69	 
	 Section 1.11
	 	Pro Forma Calculations	  	 	69	 
	 Section 1.12
	 	Calculation of Baskets	  	 	70	 
		
	 ARTICLE II. The Commitments and Credit Extensions
	  	 	70	 
			
	 Section 2.01
	 	The Loans	  	 	70	 
	 Section 2.02
	 	Borrowings, Conversions and Continuations of Loans	  	 	71	 
	 Section 2.03
	 	Letters of Credit	  	 	72	 
	 Section 2.04
	 	[Reserved]	  	 	79	 
	 Section 2.05
	 	Prepayments	  	 	79	 
	 Section 2.06
	 	Termination or Reduction of Commitments	  	 	83	 
	 Section 2.07
	 	Repayment of Loans	  	 	84	 
	 Section 2.08
	 	Interest	  	 	85	 
	 Section 2.09
	 	Fees	  	 	85	 
	 Section 2.10
	 	Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate	  	 	85	 
	 Section 2.11
	 	Evidence of Indebtedness	  	 	86	 
	 Section 2.12
	 	Payments Generally; Administrative Agent’s Clawback	  	 	87	 
	 Section 2.13
	 	Sharing of Payments	  	 	88	 
	 Section 2.14
	 	Incremental Facilities	  	 	89	 
	 Section 2.15
	 	New Incremental Notes	  	 	91	 
	 Section 2.16
	 	Cash Collateral	  	 	93	 
	 Section 2.17
	 	Defaulting Lenders	  	 	93	 
	 Section 2.18
	 	Specified Refinancing Debt	  	 	95	 
	 Section 2.19
	 	Permitted Debt Exchanges	  	 	96	 
		
	 ARTICLE III. Taxes, Increased Costs Protection and Illegality
	  	 	97	 
			
	 Section 3.01
	 	Taxes	  	 	97	 
	 Section 3.02
	 	[Reserved]	  	 	100	 
	 Section 3.03
	 	Illegality	  	 	101	 
	 Section 3.04
	 	Inability to Determine Rates	  	 	101	 
	 Section 3.05
	 	 Increased Cost and Reduced Return; Capital Adequacy and Liquidity Requirements
	  	 	101	 
	 Section 3.06
	 	Funding Losses	  	 	102	 
	 Section 3.07
	 	Matters Applicable to All Requests for Compensation	  	 	102	 
	 Section 3.08
	 	Replacement of Lenders under Certain Circumstances	  	 	104	 

  
 i 

							
		
	 ARTICLE IV. Conditions Precedent to Credit Extensions
	  	 	105	 
			
	 Section 4.01
	 	Conditions to the Initial Credit Extension on the Closing Date	  	 	105	 
	 Section 4.02
	 	Conditions to All Credit Extensions	  	 	107	 
		
	 ARTICLE V. Representations and Warranties
	  	 	108	 
			
	 Section 5.01
	 	Existence, Qualification and Power; Compliance with Laws	  	 	108	 
	 Section 5.02
	 	Authorization; No Contravention	  	 	108	 
	 Section 5.03
	 	Governmental Authorization; Other Consents	  	 	108	 
	 Section 5.04
	 	Binding Effect	  	 	108	 
	 Section 5.05
	 	Financial Statements; No Material Adverse Effect	  	 	108	 
	 Section 5.06
	 	Litigation	  	 	109	 
	 Section 5.07
	 	Use of Proceeds	  	 	109	 
	 Section 5.08
	 	Ownership of Property; Liens	  	 	109	 
	 Section 5.09
	 	Environmental Compliance	  	 	109	 
	 Section 5.10
	 	Taxes	  	 	110	 
	 Section 5.11
	 	Employee Benefits Plans	  	 	110	 
	 Section 5.12
	 	Subsidiaries; Capital Stock	  	 	111	 
	 Section 5.13
	 	Margin Regulations; Investment Company Act	  	 	111	 
	 Section 5.14
	 	Disclosure	  	 	112	 
	 Section 5.15
	 	Compliance with Laws	  	 	112	 
	 Section 5.16
	 	Intellectual Property; Licenses, Etc.	  	 	112	 
	 Section 5.17
	 	Solvency	  	 	112	 
	 Section 5.18
	 	Perfection, Etc.	  	 	112	 
	 Section 5.19
	 	Anti-Terrorism Laws; OFAC	  	 	113	 
	 Section 5.20
	 	Anti-Corruption Laws	  	 	113	 
	 Section 5.21
	 	COMI Regulation	  	 	113	 
		
	 ARTICLE VI. Affirmative Covenants
	  	 	113	 
			
	 Section 6.01
	 	Financial Statements	  	 	113	 
	 Section 6.02
	 	Certificates; Other Information	  	 	115	 
	 Section 6.03
	 	Notices	  	 	116	 
	 Section 6.04
	 	Payment of Taxes	  	 	117	 
	 Section 6.05
	 	Preservation of Existence, Etc.	  	 	117	 
	 Section 6.06
	 	Maintenance of Properties	  	 	117	 
	 Section 6.07
	 	Maintenance of Insurance	  	 	117	 
	 Section 6.08
	 	Compliance with Laws	  	 	118	 
	 Section 6.09
	 	Books and Records	  	 	118	 
	 Section 6.10
	 	Inspection Rights	  	 	118	 
	 Section 6.11
	 	Use of Proceeds	  	 	119	 
	 Section 6.12
	 	Covenant to Guarantee Obligations and Give Security	  	 	119	 
	 Section 6.13
	 	Compliance with Environmental Laws	  	 	120	 
	 Section 6.14
	 	Further Assurances	  	 	120	 
	 Section 6.15
	 	Maintenance of Ratings	  	 	121	 
	 Section 6.16
	 	Post-Closing Undertakings	  	 	121	 
	 Section 6.17
	 	No Change in Line of Business	  	 	121	 
	 Section 6.18
	 	Transactions with Affiliates	  	 	122	 
		
	 ARTICLE VII. Negative Covenants
	  	 	125	 
			
	 Section 7.01
	 	Indebtedness	  	 	125	 
	 Section 7.02
	 	Limitations on Liens	  	 	130	 
	 Section 7.03
	 	Fundamental Changes	  	 	130	 
	 Section 7.04
	 	Asset Sales	  	 	131	 
	 Section 7.05
	 	Restricted Payments	  	 	133	 
	 Section 7.06
	 	Burdensome Agreements	  	 	140	 

  
 ii 

							
	 Section 7.07
	 	Accounting Changes	  	 	141	 
	 Section 7.08
	 	Financial Covenant	  	 	142	 
	 Section 7.09
	 	Holding Company	  	 	142	 
		
	 ARTICLE VIII. Events of Default and Remedies
	  	 	143	 
			
	 Section 8.01
	 	Events of Default	  	 	143	 
	 Section 8.02
	 	Remedies Upon Event of Default	  	 	145	 
	 Section 8.03
	 	Right to Cure	  	 	146	 
	 Section 8.04
	 	Application of Funds	  	 	146	 
		
	 ARTICLE IX. Administrative Agent and Other Agents
	  	 	148	 
			
	 Section 9.01
	 	Appointment and Authorization of Agents	  	 	148	 
	 Section 9.02
	 	Delegation of Duties	  	 	149	 
	 Section 9.03
	 	Liability of Agents	  	 	149	 
	 Section 9.04
	 	Reliance by Agents	  	 	150	 
	 Section 9.05
	 	Notice of Default	  	 	150	 
	 Section 9.06
	 	Credit Decision; Disclosure of Information by Agents	  	 	150	 
	 Section 9.07
	 	Indemnification of Agents	  	 	151	 
	 Section 9.08
	 	Agents in their Individual Capacities	  	 	151	 
	 Section 9.09
	 	Successor Agents	  	 	152	 
	 Section 9.10
	 	Administrative Agent May File Proofs of Claim	  	 	153	 
	 Section 9.11
	 	Collateral and Guaranty Matters	  	 	153	 
	 Section 9.12
	 	Other Agents; Arranger and Managers	  	 	154	 
	 Section 9.13
	 	Secured Cash Management Agreements and Secured Hedge Agreements	  	 	154	 
	 Section 9.14
	 	 Appointment of Supplemental Agents, Incremental Arrangers, Incremental Notes Arrangers and
Specified Refinancing Agents
	  	 	155	 
	 Section 9.15
	 	Intercreditor Agreement	  	 	156	 
		
	 ARTICLE X. Miscellaneous
	  	 	156	 
			
	 Section 10.01
	 	Amendments, Etc.	  	 	156	 
	 Section 10.02
	 	Notices; Electronic Communications	  	 	159	 
	 Section 10.03
	 	No Waiver; Cumulative Remedies; Enforcement	  	 	160	 
	 Section 10.04
	 	Expenses and Taxes	  	 	161	 
	 Section 10.05
	 	Indemnification by the Borrowers	  	 	162	 
	 Section 10.06
	 	Payments Set Aside	  	 	163	 
	 Section 10.07
	 	Successors and Assigns	  	 	163	 
	 Section 10.08
	 	Confidentiality	  	 	168	 
	 Section 10.09
	 	Setoff	  	 	169	 
	 Section 10.10
	 	Interest Rate Limitation	  	 	170	 
	 Section 10.11
	 	Counterparts	  	 	170	 
	 Section 10.12
	 	Integration; Effectiveness	  	 	170	 
	 Section 10.13
	 	Survival of Representations and Warranties	  	 	171	 
	 Section 10.14
	 	Severability	  	 	171	 
	 Section 10.15
	 	Governing Law; Jurisdiction; Etc.	  	 	171	 
	 Section 10.16
	 	Service of Process	  	 	172	 
	 Section 10.17
	 	Waiver of Right to Trial by Jury	  	 	172	 
	 Section 10.18
	 	Binding Effect	  	 	172	 
	 Section 10.19
	 	No Advisory or Fiduciary Responsibility	  	 	172	 
	 Section 10.20
	 	Affiliate Activities	  	 	173	 
	 Section 10.21
	 	Electronic Execution of Assignments and Certain Other Documents	  	 	173	 
	 Section 10.22
	 	USA PATRIOT Act	  	 	173	 
	 Section 10.23
	 	Judgment Currency	  	 	173	 
	 Section 10.24
	 	Joint and Several Liability	  	 	174	 

  
 iii 

			
	 SCHEDULES

		
	 1
	  	 Guarantors

	 1.01(a)
	  	 Adjustments to Consolidated EBITDA

	 1.01(e)
	  	 Contracts Prohibiting Subsidiary Guarantees

	 1.01(k)
	  	 Existing Letters of Credit

	 2.01
	  	 Commitments and Pro Rata Shares

	 4.01(a)(ix)
	  	 Jurisdictions of Local Counsel Opinions

	 5.08(b)
	  	 Owned Real Property

	 5.12
	  	 Subsidiaries and Other Equity Investments

	 5.16
	  	 Intellectual Property Matters

	 6.16
	  	 Post-Closing Undertakings

	 7.01
	  	 Closing Date Indebtedness

	 7.02
	  	 Closing Date Liens

	 7.05
	  	 Closing Date Investments

	 10.02
	  	 Administrative Agent’s Office, Certain Addresses for
Notices

 EXHIBITS 

Form of 
  

			
	 A-1
	  	 Committed Loan Notice

	 A-2
	  	 Request for L/C Credit Extension

	 C-1
	  	 Term Note

	 C-2
	  	 Revolving Credit Note

	 D
	  	 Compliance Certificate

	 E-1
	  	 Assignment and Assumption

	 E-2
	  	 Affiliate Lender Assignment and Assumption

	 E-3
	  	 Administrative Questionnaire

	 F-1
	  	 Holdings Guaranty

	 F-2
	  	 Subsidiary Guaranty

	 G
	  	 Security Agreement

	 I
	  	 Solvency Certificate

	 J
	  	 Intercompany Subordination Agreement

	 K-1
	  	 U.S. Tax Compliance Certificate

	 K-2
	  	 U.S. Tax Compliance Certificate

	 K-3
	  	 U.S. Tax Compliance Certificate

	 K-4
	  	 U.S. Tax Compliance Certificate

	 L-1
	  	 Optional Prepayment of Loans

  
 iv 

 This CREDIT AGREEMENT is entered into as of August 18, 2015, among JAGUAR HOLDING COMPANY
II, a Delaware corporation (the “Parent Borrower”), PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (the “Subsidiary Borrower” and together with the Parent Borrower, the
“Borrowers”), JAGUAR HOLDING COMPANY I, a Delaware corporation (“Holdings”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”),
each L/C Issuer party hereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead
Arrangers and Joint Bookrunners, Malayan Banking Berhad, New York Branch, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. 

PRELIMINARY STATEMENTS 

The Borrowers have requested that, upon the satisfaction in full of the conditions precedent set forth in Article IV below, the applicable
Lenders (a) make term loans to the Borrowers in an aggregate principal amount of $2,575,000,000 and (b) make available to the Borrowers a $300,000,000 revolving credit facility for the making, from time to time, of revolving loans and the
issuance, from time to time, of letters of credit, in each case on the terms and subject to the conditions set forth in this Agreement. 

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

ARTICLE I.  
 Definitions
and Accounting Terms 
 Section 1.01 Defined Terms. As used in this Agreement, the following terms shall have the meanings
set forth below: 
 “Acquired Indebtedness” means, with respect to any specified Person, (a) Indebtedness of any other
Person existing at the time such other Person is merged, amalgamated or consolidated with or into or becomes a Restricted Subsidiary of such specified Person, whether or not such Indebtedness is Incurred in connection with, or in contemplation of,
such other Person merging, amalgamating or consolidating with or into, or becoming a Restricted Subsidiary of, such specified Person and (b) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. 

“Adjusted Eurocurrency Rate” means, with respect to any Eurocurrency Rate Borrowing for any Interest Period, an interest rate
per annum equal to the Eurocurrency Rate for such Interest Period (which, if negative, shall be deemed to be 0%), multiplied by the Statutory Reserve Rate; provided that, solely with respect to Initial Term Loans, the Adjusted Eurocurrency
Rate shall not be less than 1.00% per annum. 
 “Administrative Agent” means Credit Suisse, acting through such of its
Affiliates or branches as it may designate, in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent permitted by the terms hereof. 

“Administrative Agent’s Office” means the Administrative Agent’s address and, as appropriate, account as set forth
on Schedule 10.02 or such other address or account as the Administrative Agent may from time to time notify the Borrowers and the Lenders. 

“Administrative Questionnaire” means an Administrative Questionnaire in substantially the form of Exhibit E-3 or any other form approved by the Administrative Agent. 
 “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” (including, with correlative
meanings, the terms “controlling,” “controlled by” and “under common control with”), 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. 

  
 1 

 “Affiliate Lender Assignment and Assumption” has the meaning specified in
Section 10.07(i)(i). 
 “Affiliate Lenders” means, collectively, the Sponsors and their respective Affiliates (other
than Holdings, the Borrowers and any of their respective Subsidiaries). 
 “Affiliate Transaction” shall have the meaning
specified in Section 6.18(a). 
 “Agent-Related Persons” means each Agent, together with its Related Parties. 

“Agent-Related Distress Event” means, with respect to the Administrative Agent, the
Collateral Agent or any Person that directly or indirectly controls the Administrative Agent (each, a “Distressed Agent-Related Person”), a voluntary or involuntary case with respect to such Distressed
Agent-Related Person under any Debtor Relief Law, or a custodian, conservator, receiver or similar official is appointed for such Distressed Agent-Related Person or any substantial part of such Distressed
Agent-Related Person’s assets, or such Distressed Agent-Related Person makes a general assignment for the benefit of creditors or is otherwise adjudicated as, or determined by any Governmental Authority
having regulatory authority over such Distressed Agent-Related Person to be, insolvent or bankrupt; provided, that an Agent-Related Distress Event shall not be deemed to have occurred solely by virtue of the ownership or acquisition of any Equity
Interests in the Administrative Agent or any Person that directly or indirectly controls the Administrative Agent by a Governmental Authority or an instrumentality thereof. 

“Agents” means, collectively, the Administrative Agent, the Collateral Agent, the Arrangers, the Documentation Agent and the
Supplemental Agents (if any). 
 “Aggregate Commitments” means the Commitments of all the Lenders. 

“Agreement” means this credit agreement. 

“Agreement Currency” has the meaning specified in Section 10.23. 

“All-in Yield” means, with respect to any Indebtedness, the yield of such
Indebtedness, whether in the form of interest rate, margin, OID, upfront fees, index floors or otherwise, in each case payable generally to lenders, provided that OID and upfront fees shall be equated to interest rate assuming a four-year life to maturity, and shall not include arrangement fees, structuring fees, ticking fees, commitment fees, unused line fees, underwriting fees and any amendment and similar fees (regardless of whether paid
in whole or in part to the relevant lenders). 
 “Anticipated Cure Deadline” has the meaning specified in
Section 8.03(a). 
 “Anti-Corruption Laws” shall have the meaning set forth in Section 5.20. 

“Applicable Commitment Fee” means a percentage per annum equal to (a) from the Closing Date until the first Business Day
that immediately follows the date on which a Compliance Certificate is delivered pursuant to Section 6.02(b) in respect of the first full fiscal quarter ending after the Closing Date, 0.500% per annum, and (b) thereafter, the applicable
percentage per annum set forth below, as determined by reference to First Lien Net Leverage Ratio, as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(b): 

 

									
	 Applicable Commitment Fee
	 
	 Pricing Level
	  	First Lien Net
Leverage Ratio	 	  	Applicable
Commitment Fee	 
	 1
	  	<	 4.25:1.00	 	  	 	0.375	% 
	 2
	  	3	 4.25:1.00	 	  	 	0.500	% 

  
 2 

 Any increase or decrease in the Applicable Commitment Fee resulting from a change in the
First Lien Net Leverage Ratio shall become effective as of the first Business Day immediately following the date the applicable Compliance Certificate is delivered pursuant to Section 6.02(b); provided, however, that “Pricing
Level 2” shall apply without regard to the First Lien Net Leverage Ratio (x) at any time after the date on which any annual or quarterly financial statement was required to have been delivered pursuant to Section 6.01(a) or
Section 6.01(b) but was not delivered (or the Compliance Certificate related to such financial statements was required to have been delivered pursuant to Section 6.02(b) but was not delivered), commencing with the first Business Day
immediately following such date and continuing until the first Business Day immediately following the date on which such financial statements (or, if later, the Compliance Certificate related to such financial statements) are delivered, or
(y) at all times if an Event of Default shall have occurred and be continuing. 
 “Applicable Rate” means a percentage
per annum equal to, with respect to the Initial Term Loans and the Revolving Credit Facility, (i) from the Closing Date until the first Business Day that immediately follows the date on which a Compliance Certificate is delivered pursuant to
Section 6.02(b) in respect of the first full fiscal quarter ending after the Closing Date, 3.25% per annum for Eurocurrency Rate Loans and 2.25% per annum for Base Rate Loans and (ii) thereafter, the applicable percentage per annum set
forth below, as determined by reference to the First Lien Net Leverage Ratio, as set forth in the then most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(b): 

 

													
	 Applicable Rate
	 
	 Pricing Level
	  	First Lien Net
Leverage Ratio	 	  	Eurocurrency
Rate Loans	 	 	Base Rate Loans	 
	 1
	  	3	 3.50:1.00	 	  	 	3.25	% 	 	 	2.25	% 
	 2
	  	<	   3.50:1.00	 	  	 	3.00	% 	 	 	2.00	% 

 Any increase or decrease in the Applicable Rate resulting from a change in the First Lien 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 “Pricing Level 1” shall apply without
regard to the First Lien Net Leverage Ratio (x) at any time after the date on which any annual or quarterly financial statement was required to have been delivered pursuant to Section 6.01(a) or Section 6.01(b) but was not delivered
(or the Compliance Certificate related to such financial statements was required to have been delivered pursuant to Section 6.02(b) but was not delivered), commencing with the first Business Day immediately following such date and continuing
until the first Business Day immediately following the date on which such financial statements (or, if later, the Compliance Certificate related to such financial statements) are delivered, or (y) at all times if an Event of Default shall have
occurred and be continuing. 
 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). 
 “Appropriate Lender” means, at any time,
(a) with respect to either the Term Facility or the Revolving Credit Facility, a Lender that has a Commitment with respect to such Facility or holds a Term Loan or a Revolving Credit Loan, respectively, at such time, (b) with respect to
the Letter of Credit Sublimit, (i) each L/C Issuer and (ii) if any Letters of Credit have been issued pursuant to Section 2.03(a), the Revolving Credit Lenders, (c) with respect to any New Term Facility, a Lender that holds a New
Term Loan at such time, and (d) with respect to any Specified Refinancing Debt, a Lender that holds Specified Refinancing Term Loans or Specified Refinancing Revolving Loans. 

“Approved Fund” means any Fund that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a
Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages a Lender. 
 “Arrangers”
means each of Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Goldman Sachs Bank USA, UBS Securities LLC, Deutsche Bank Securities Inc., Morgan Stanley Senior Funding, Inc. and Barclays Bank PLC in their respective capacities as
exclusive joint lead arrangers and bookrunners. 

  
 3 

 “Asset Sale” means: 

(a) the sale, conveyance, transfer or other Disposition (whether in a single transaction or a series of related transactions)
of property or assets (including by way of a Sale/Leaseback Transaction) of the Borrowers or any Restricted Subsidiary, or 

(b) the issuance or sale of Equity Interests (other than preferred stock of Restricted Subsidiaries issued in compliance with
Section 7.01 and directors’ qualifying shares or shares or interests required to be held by foreign nationals or other third parties to the extent required by applicable law) of any Restricted Subsidiary (other than to the Borrowers or
another Restricted Subsidiary) (whether in a single transaction or a series of related transactions), 
 (each of the foregoing referred to in this
definition as a “Disposition”). Notwithstanding the preceding, none of the following items will be deemed to be an Asset Sale: 

(a) a sale, exchange or other disposition of cash, Cash Equivalents or Investment Grade Securities, or of obsolete, damaged,
unnecessary, unsuitable or worn out equipment or other assets in the ordinary course of business, or dispositions of property no longer used, useful or economically practicable to maintain in the conduct of the business of the Borrowers and the
Restricted Subsidiaries (including allowing any registrations or any applications for registration of any intellectual property to lapse or become abandoned); 

(b) without limiting the provisions of Section 8.01(k), the sale, conveyance, lease or other disposition of all or
substantially all of the assets of either of the Borrowers in compliance with the provisions of Sections 7.03 or 7.04 or any Disposition that constitutes a Change of Control; 

(c) any Restricted Payment that is permitted to be made, and is made, pursuant to Section 7.05 or any Permitted
Investment; 
 (d) any Disposition of assets or issuance or sale of Equity Interests of any Restricted Subsidiary, in a
single transaction or series of related transactions, with an aggregate Fair Market Value of less than $30.0 million; provided, that solely for purposes of Section 2.05(b)(ii), such $30.0 million shall be replaced with
$5.0 million; 
 (e) any transfer or Disposition of property or assets or issuance or sale of Equity Interests by a
Restricted Subsidiary to the Borrowers or by the Borrowers or a Restricted Subsidiary to another Restricted Subsidiary; 

(f) the creation of any Lien permitted under this Agreement; 

(g) any issuance, sale, pledge or other disposition of Equity Interests in, or Indebtedness or other securities of, an
Unrestricted Subsidiary; 
 (h) the sale, lease, assignment, license or sublease of inventory, equipment, accounts
receivable, notes receivable or other current assets held for sale in the ordinary course of business or the conversion of accounts receivable to notes receivable or dispositions of accounts receivable in connection with the collection or compromise
thereof; 
 (i) the lease, assignment, license, sublicense or sublease of any real or personal property in the ordinary
course of business; 
 (j) a sale or transfer of accounts receivable, or participations therein, and related assets of the
type specified in the definition of “Receivables Financing” to a Receivables Subsidiary in a Qualified Receivables Financing or in factoring or similar transactions; 

  
 4 

 (k) a transfer of accounts receivable and related assets of the type
specified in the definition of “Receivables Financing” (or a fractional undivided interest therein) by a Receivables Subsidiary in a Qualified Receivables Financing; 

(l) any exchange of assets for Related Business Assets (including a combination of Related Business Assets and a de
minimis amount of cash or Cash Equivalents) of comparable or greater market value, as determined in good faith by the Borrowers; 

(m) (i) non-exclusive licenses, sublicenses or
cross-licenses of intellectual property or other general intangibles and (ii) exclusive licenses, sublicenses or cross-licenses of intellectual property or other general intangibles in the ordinary course
of business of the Borrowers and the Restricted Subsidiaries of the Parent Borrower; 
 (n) the sale in a Sale/Leaseback
Transaction of any property acquired after the Closing Date within twelve months of the acquisition of such property; provided such sale is for at least Fair Market Value; 

(o) the surrender or waiver of obligations of trade creditors or customers or other contract rights that were incurred in the
ordinary course of business of the Borrowers or any Restricted Subsidiary of the Parent Borrower, including pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of any trade creditor or customer or
compromise, settlement, release or surrender of a contract, tort or other litigation claim, arbitration or other disputes; 

(p) Dispositions arising from foreclosures, condemnations, eminent domain, seizure, nationalization or any similar action with
respect to assets, dispositions of property subject to casualty events and (except for purposes of calculating Net Cash Proceeds of any Asset Sale under the second and third paragraphs of Section 7.04) Dispositions necessary or advisable (as
determined by the Borrowers in good faith) in order to consummate any acquisition of any Person, business or assets; 
 (q)
Dispositions of Investments (including Equity Interests) in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements or rights of first refusal between, the joint venture parties set forth in joint venture
arrangements and similar binding arrangements; 
 (r) to the extent allowable under Section 1031 of the Code, any
exchange of like property (excluding any boot thereon) for use in a Similar Business; 
 (s) the issuance of directors’
qualifying shares and shares issued to foreign nationals to the extent required by applicable law; 
 (t) Dispositions of
property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property that is promptly purchased or (ii) the proceeds of such Asset Sale are promptly applied to the purchase price
of such replacement property (which replacement property is actually promptly purchased); 
 (u) a sale or transfer of
equipment receivables, or participations therein, and related assets; and 
 (v) sale, distribution or other disposition of
the Existing Non-Core Assets held by the Borrowers or any Restricted Subsidiary of the Borrowers. 

For the avoidance of doubt, the unwinding of Swap Contracts shall not be deemed to constitute an Asset Sale. 

“Assignee Group” means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds
managed by the same investment advisor. 

  
 5 

 “Assignment and Assumption” means an Assignment and Assumption
substantially in the form of Exhibit E-1, or otherwise in form and substance reasonably acceptable to the Administrative Agent. 

“Auto-Renewal Letter of Credit” has the meaning specified in
Section 2.03(c)(iii). 
 “Base Rate” means, for any day, a fluctuating rate per annum equal to the highest of
(a) the Federal Funds Rate (which, if negative, shall be deemed to be 0%) on such day plus 1/2 of 1%, (b) the Prime Lending Rate on such day and (c) the Adjusted Eurocurrency Rate published on such day (or if such day is not a Business Day
the next previous Business Day) for an Interest Period of one month plus 1%; provided that for the purposes of clause (c), the Adjusted Eurocurrency Rate for any day shall be based on the rate determined on such day at approximately 11:00
a.m. (London time) by reference to the Screen Rate; and (d) solely with respect to Initial Term Loans, 2.00% per annum. If the Administrative Agent shall have determined (which determination shall be conclusive absent manifest error) that it is
unable to ascertain the Federal Funds Rate for any reason, including the inability or failure of the Administrative Agent to obtain sufficient quotations in accordance with the terms of the definition thereof, the Base Rate shall be determined
without regard to clause (a) above until the circumstances giving rise to such inability no longer exist. 
 “Base Rate
Loan” means a Loan that bears interest based on the Base Rate. 
 “Board of Directors” means as to any Person, the
board of directors, board of managers, sole member or managing member or other governing body of such Person, or if such Person is owned or managed by a single entity, the board of directors, board of managers, sole member or managing member or
other governing body of such entity, or in each case, any duly authorized committee thereof, and the term “directors” means members of the Board of Directors. 

“Borrower Materials” has the meaning specified in Section 6.02. 

“Borrower Parties” means the collective reference to the Parent Borrower and the Restricted Subsidiaries, and
“Borrower Party” means any one of them. 
 “Borrowers” has the meaning specified in the Preliminary
Statements of this Agreement. 
 “Borrowing” means a Revolving Credit Borrowing or a Term Borrowing, as the context may
require. 
 “Business Day” means: 

(1) 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, New York City; and 
 (2) if such day relates to any interest rate settings as to a Eurocurrency Rate
Loan, means any such day described in clause (1) above that is also a London Banking Day. 
 “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 or membership interests (whether general or limited); and 
 (4) any other interest or participation that confers
on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person (it being understood and agreed, for the avoidance of doubt, that “cash-settled
phantom appreciation programs” in connection with employee benefits that do not require a dividend or distribution shall not constitute Capital Stock). 

  
 6 

 “Capitalized Lease Obligation” means at the time any determination thereof
is to be made, the amount of the liability in respect of a capital lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP. 

“Cash-Capped Incremental Facility” has the meaning specified in Section 2.14(a). 

“Cash-Capped Incremental Facility Indebtedness” has the meaning specified in Section 2.14(a). 

“Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of the
Administrative Agent or L/C Issuer (as applicable) and the Lenders, as collateral for L/C Obligations or obligations of Lenders to fund participations in respect of either thereof (as the context may require), cash, Cash Equivalents (if reasonably
acceptable to the Administrative Agent and the applicable L/C Issuer) or deposit account balances (in the case of L/C Obligations in the respective currency or currencies in which the applicable L/C Obligations are denominated) or, if the
Administrative Agent or L/C Issuer benefiting from such collateral shall agree in its sole discretion, other credit support (including by backstop with a letter of credit satisfactory to the applicable L/C Issuer or by being deemed reissued under
another agreement acceptable to the applicable L/C Issuer), in each case pursuant to documentation in form and substance reasonably satisfactory to (a) the Administrative Agent and (b) the applicable L/C Issuer (which documents are hereby
consented to by the Lenders). 
 “Cash Collateral” shall have a meaning correlative to the foregoing and shall include the
proceeds of such cash collateral and other credit support. 
 “Cash Contribution Amount” means the aggregate amount of cash
contributions made to the capital of the Borrowers or any Subsidiary Guarantor (other than from Holdings or a Restricted Subsidiary) and designated as a “Cash Contribution Amount” as described in the definition of “Contribution
Indebtedness.” 
 “Cash Equivalents” means: 

(1) Dollars, Canadian Dollars, Japanese yen, pounds sterling, euros, the national currency of any participating member of the
European Union and, with respect to any Foreign Subsidiaries, other currencies held by such Foreign Subsidiary in the ordinary course of business; 

(2) securities issued or directly and guaranteed or insured by the government of the United States or any country that is a
member of the European Union or any agency or instrumentality thereof in each case with maturities not exceeding two years from the date of acquisition; 

(3) money market deposits, certificates of deposit, time deposits and eurodollar time deposits with maturities of two years or
less from the date of acquisition, bankers’ acceptances, in each case with maturities not exceeding two years, and overnight bank deposits, in each case with any commercial bank having capital and surplus in excess of $250 million in the
case of domestic banks or $100 million (or the dollar equivalent thereof) in the case of foreign banks; 
 (4)
repurchase obligations for underlying securities of the types described in clauses (2) and (3) above and clause (6) below entered into with any financial institution or securities dealers of recognized national standing meeting the
qualifications specified in clause (3) above; 
 (5) commercial paper or variable or fixed rate notes issued by a
corporation or other Person (other than an Affiliate of the Borrowers) rated at least “A-2” or the equivalent thereof by Moody’s or S&P (or reasonably equivalent ratings of another
internationally recognized ratings agency) and in each case maturing within two years after the date of acquisition; 

  
 7 

 (6) readily marketable direct obligations issued by any state, commonwealth
or territory of the United States of America or any political subdivision or taxing authority thereof having an Investment Grade Rating from either Moody’s or S&P (or reasonably equivalent ratings of another internationally recognized
ratings agency) in each case with maturities not exceeding two years from the date of acquisition; 
 (7) Indebtedness issued
by Persons (other than the Sponsors) with a rating of “A” or higher from S&P or “A-2” or higher from Moody’s (or reasonably equivalent ratings of another internationally recognized ratings agency) in each case with
maturities not exceeding two years from the date of acquisition, and marketable short-term money market and similar securities having a rating of at least “A-2” or
“P-2” from either S&P or Moody’s (or reasonably equivalent ratings of another internationally recognized ratings agency); 

(8) investment funds investing at least 95% of their assets in investments of the types described in clauses (1) through
(7) above and (9) and (10) below; 
 (9) Investments with average maturities of 12 months or less from the date of
acquisition in money market funds rated AAA (or the equivalent thereof) or better by S&P or Aaa3 (or the equivalent thereof) or better by Moody’s (or reasonably equivalent ratings of another internationally recognized ratings agency); and

 (10) in the case of investments by any Foreign Subsidiary or investments made in a country outside the United States of
America, other investments of comparable tenor and credit quality to those described in the foregoing clauses (1) through (9) customarily utilized in the countries where such Foreign Subsidiary is located or in which such investment is made.

 Notwithstanding the foregoing, Cash Equivalents shall include amounts denominated in currencies other than those set forth
in clause (1) above; provided that such amounts are converted into any currency listed in clause (1) as promptly as practicable and in any event within ten Business Days following the receipt of such amounts. 

“Cash Management Agreement” means any agreement or arrangement to provide Cash Management Services to any Loan Party. 

“Cash Management Bank” means any Person that (i) at the time it enters into a Cash Management Agreement, is a Lender or
an Agent or an Affiliate of a Lender or an Agent, (ii) 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 an Agent or an Affiliate of a
Lender or an Agent and a party to a Cash Management Agreement or (iii) within 30 days after the time it enters into the applicable Cash Management Agreement, becomes a Lender or an Affiliate of a Lender or an Agent, in each case, in its
capacity as a party to such Cash Management Agreement. 
 “Cash Management Services” means any of the following to the
extent not constituting a line of credit (other than an overnight draft facility that is not in default); automated clearing house transactions, treasury and/or cash management services, including, without limitation, controlled disbursement
services, overdraft facilities, foreign exchange facilities, deposit and other accounts and merchant services. 
 “Casualty
Event” means any event that gives rise to the receipt by the Parent Borrower or any Restricted Subsidiary of any casualty insurance proceeds or condemnation awards or that gives rise to a taking by a Governmental Authority in respect of any
equipment, fixed assets or real property (including any improvements thereon) to replace, restore or repair, or compensate for the loss of, such equipment, fixed assets or real property. 

“Cayman Finco” means Jaguar Cayman Finance Limited, an exempted company duly incorporated under the laws of the Cayman
Islands with limited liability and registered number 263841, and a Wholly Owned Subsidiary of the Parent Borrower. 

  
 8 

 “CERCLA” means the Comprehensive Environmental Response, Compensation, and
Liability Act of 1980. 
 “CERCLIS” means the Comprehensive Environmental Response, Compensation, and Liability Information
System maintained by the U.S. Environmental Protection Agency. 
 A “Change of Control” will be deemed to occur if: 

(a) at any time, (i) Holdings ceases to own, directly or indirectly, beneficially and of record, 100% of the issued and
outstanding Equity Interests of the Parent Borrower, (ii) Parent Borrower ceases to own, directly or indirectly, beneficially and of record, 100% of the issued and outstanding Equity Interests of the Subsidiary Borrower, (iii) a
“change of control” (or comparable event) occurs under the Senior Notes Indenture or the documentation governing any Permitted Refinancing in respect of the foregoing, or (iv) a majority of the seats (other than vacant seats) on the
board of directors of Holdings shall at any time be occupied by persons who were not (A) nominated by the board of directors of Holdings or a Permitted Holder, (B) appointed by, or the appointment of which was approved by, directors so
nominated or (C) appointed by a Permitted Holder; or 
 (b) at any time prior to the consummation of a Qualified IPO,
the Permitted Holders, taken together, shall cease to beneficially own (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly,
Voting Stock representing at least a majority of the aggregate ordinary voting power for the election of directors of Holdings; or 

(c) at any time after the consummation of a Qualified IPO, any person or “group” (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act, but excluding any employee benefit plan of such person and its subsidiaries and any person or entity acting in its capacity as trustee,
agent or other fiduciary or administrator of any such plan), other than the Permitted Holders, acquires beneficial ownership (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act) of Voting Stock
of Holdings representing both (i) more than 35% of the aggregate ordinary voting power for the election of directors of Holdings and (ii) more than the percentage of the aggregate ordinary voting power for the election of directors of
Holdings that is at the time beneficially owned (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, by the Permitted Holders,
taken together; or 
 (d) the sale, lease or transfer, in one or a series of related transactions, of all or substantially
all of the assets of the Borrowers and their Subsidiaries, taken as a whole, to any Person other than a Borrower or a Subsidiary Guarantor; 

“Closing Date” means August 18, 2015. 

“Code” means the U.S. Internal Revenue Code of 1986, as amended. 

“Collateral” means all of the “Collateral” (or similar term) referred to in the Collateral Documents and all of the
other property and assets that are or are required under the terms of the Collateral Documents to be subject to Liens in favor of (i) the Collateral Agent for the benefit of the Secured Parties and/or (ii) the Secured Parties in their
capacities as such (or any of them) to the extent required by applicable Law. 
 “Collateral Agent” means Credit Suisse,
acting through such of its Affiliates or branches as it may designate, in its capacity as collateral agent under any of the Loan Documents, or any successor collateral agent permitted by the terms hereof. 

“Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property Security Agreement, the
Mortgages (if any), each of the mortgages, collateral assignments, Security Agreement Supplements, Intellectual Property Security Agreement Supplements, security agreements, pledge agreements or other similar agreements delivered to the Collateral
Agent pursuant to Section 6.12, Section 6.14 or Section 6.16, and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of (i) the Collateral Agent for the benefit of the
Secured Parties and/or (ii) the Secured Parties in their capacities as such (or any of them) to the extent required by applicable Law. 

  
 9 

 “COMI Regulation” has the meaning specified in Section 5.21. 

“Commitment” means a Term Commitment and/or a Revolving Credit Commitment, as the context may require. 

“Committed Loan Notice” means a notice of (a) a Term Borrowing, (b) a Revolving Credit Borrowing, (c) a
conversion of Loans from one Type to the other or (d) a continuation of Eurocurrency Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A-1.

 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et. seq.), as amended from time to time,
and any successor statute. 
 “Company Competitor” means any Person that competes with the business of Holdings, the
Borrowers and their Subsidiaries from time to time. 
 “Compliance Certificate” means a certificate substantially in the
form of Exhibit D or such other form as may be agreed between the Borrowers and the Administrative Agent. 
 “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 Current Assets” means, with respect to any Person and its Restricted Subsidiaries on a consolidated basis, all
assets of such Person and its Restricted Subsidiaries on a consolidated basis that, in accordance with GAAP, would be classified as current assets on the balance sheet of a company conducting a business the same as or similar to that of such Person
and its Restricted Subsidiaries on a consolidated basis, after deducting appropriate and adequate reserves therefrom in each case in which a reserve is proper in accordance with GAAP, but excluding (i) cash, (ii) Cash Equivalents,
(iii) Swap Contracts to the extent that the mark-to-market Swap Termination Value would be reflected as an asset on the consolidated balance sheet of such Person, (iv) deferred financing fees,
(v) amounts related to current or deferred taxes (but excluding assets held for sale, loans (permitted) to third parties, pension assets, deferred bank fees and derivative financial instruments) (so long as the items described in clauses
(iv) and (v) are non-cash items) and (vi) in the event that a Qualified Receivables Financing is accounted for off balance sheet, (x) gross accounts receivable comprising part of the receivables
and other related assets subject to such Qualified Receivables Financing minus (y) collection by such Person against the amounts sold pursuant to clause (x). 

“Consolidated Current Liabilities” means, with respect to any Person and its Restricted Subsidiaries on a consolidated basis,
all liabilities in accordance with GAAP that would be classified as current liabilities on the consolidated balance sheet of such Person, but excluding (a) the current portion of Indebtedness (including the Swap Termination Value of any Swap
Contracts) to the extent reflected as a liability on the consolidated balance sheet of such Person, (b) the current portion of interest, (c) accruals for current or deferred taxes based on income or profits, (d) accruals of any costs
or expenses related to restructuring reserves or severance, (e) deferred revenue, (f) escrow account balances, (g) the current portion of pension liabilities, (h) liabilities in respect of unpaid earn-outs, (i) amounts
related to derivative financial instruments and assets held for sale and (j) any L/C Obligations or Revolving Credit Loans and any letter of credit obligations, swing line loans or revolving loans under any other revolving credit facility. 

“Consolidated EBITDA” means, with respect to any Person and its Restricted Subsidiaries on a consolidated basis for any
period, the Consolidated Net Income of such Person and its Restricted Subsidiaries for such period: 
 (1) increased,
in each case to the extent deducted and not added back in calculating such Consolidated Net Income (and without duplication), by: 

  
 10 

 (a) provision for taxes based on income, profits or capital, including
federal, state, franchise, excise, property and similar taxes and foreign withholding taxes paid or accrued, including any penalties and interest with respect thereto, and state taxes in lieu of business fees (including business license fees) and
income tax credits and including an amount equal to the amount of tax distributions actually made to the holders of Equity Interests of such Person or its Restricted Subsidiaries or any direct or indirect parent of such Person or its Restricted
Subsidiaries in respect of such period (in each case, to the extent attributable to the operations of such Person and its Subsidiaries), which shall be included as though such amounts had been paid as income taxes directly by such Person or its
Restricted Subsidiaries; plus 
 (b) Consolidated Interest Expense; plus 

(c) all depreciation and amortization charges and expenses, including amortization for upfront payments related to any contract
signing and signing bonus and incentive payments; plus 
 (d) the amount of any interest expense consisting of
Subsidiary income attributable to minority equity interests of third parties in any Restricted Subsidiary of such Person that is not a Wholly Owned Restricted Subsidiary of such Person; plus 

(e) the amount of management, monitoring, consulting, transaction and advisory fees (including termination fees) and related
indemnities, charges and expenses paid or accrued to or on behalf of any direct or indirect parent of the Borrowers or any of the Permitted Holders, in each case, to the extent permitted by Section 6.18; plus 

(f) earn-out obligations incurred in connection with any acquisition or other Investment and paid or accrued during the
applicable period; plus 
 (g) all charges, costs, expenses, accruals or reserves in connection with the rollover,
acceleration or payout of equity interests held by management and all losses, charges and expenses related to payments made to holders of options or other derivative equity interests in the common equity of such Person or any direct or indirect
parent of the Borrowers in connection with, or as a result of, any distribution being made to equityholders of such Person or any of its direct or indirect parents, which payments are being made to compensate such optionholders as though they were
equityholders at the time of, and entitled to share in, such distribution; plus 
 (h) all non-cash losses, charges and expenses, including any write-offs or write-downs; provided that if any such non-cash charge
represents an accrual or reserve for potential cash items in any future four-fiscal quarter period, (i) such Person may determine not to add back such non-cash charge in the period for which Consolidated EBITDA is being calculated and
(ii) to the extent such Person does decide to add back such non-cash charge, the cash payment in respect thereof in such future four-fiscal quarter period will be
subtracted from Consolidated EBITDA for such future four-fiscal quarter period; plus 
 (i) all costs and expenses in
connection with pre-opening and opening and closure and/or consolidation of facilities that were not already excluded in calculating such Consolidated Net Income; plus 

(j) restructuring charges, accruals or reserves and business optimization expense, including any restructuring costs and
integration costs incurred in connection with any acquisitions, project start-up costs (including entry into new market/channels and new service offerings), costs related to the closure, relocation, reconfiguration and/or consolidation of facilities
and costs to relocate employees, integration and transaction costs, retention charges, severance, contract termination costs, recruiting and signing bonuses and expenses, future lease commitments, systems establishment costs, conversion costs and
excess pension charges and consulting fees, expenses attributable to the implementation of costs savings initiatives, costs associated with tax projects/audits and costs consisting of professional consulting or other fees relating to any of the
foregoing; plus 

  
 11 

 (k) Pro Forma Cost Savings; plus 

(l) amounts included on Schedule 1.01(a), attached hereto, to the extent such amounts, or amounts of similar type and nature to
those listed on Schedule 1.01(a), without duplication, continue to be applicable during such period; plus 
 (m) the
amount of loss or discount on sale of receivables and related assets to the Receivables Subsidiary in connection with a Receivables Financing; plus 

(n) with respect to any joint venture that is not a Restricted Subsidiary, an amount equal to the proportion of those items
described in clauses (a), (b) and (c) above relating to such joint venture corresponding to such Person’s and the Restricted Subsidiaries’ proportionate share of such joint venture’s Consolidated Net Income (determined as if such
joint venture were a Restricted Subsidiary) solely to the extent Consolidated Net Income was reduced thereby; 
 (2)
decreased (without duplication and to the extent increasing such Consolidated Net Income for such period) by (i) non-cash gains or income, excluding any
non-cash gains that represent the reversal of any accrual of, or cash reserve for, anticipated cash charges that were deducted (and not added back) in the calculation of Consolidated EBITDA for any prior
period ending after the Closing Date and (ii) the amount of any minority interest income consisting of a Subsidiary loss attributable to minority equity interest of third parties in any non-Wholly Owned Subsidiary (to the extent not deducted
from Consolidated Net Income for such period); 
 (3) increased (with respect to losses) or decreased (with
respect to gains) by, without duplication, any net realized gains and losses relating to (i) amounts denominated in foreign currencies resulting from the application of FASB ASC 830 (including net realized gains and losses from exchange rate
fluctuations on intercompany balances and balance sheet items, net of realized gains or losses from related Swap Contracts (entered into in the ordinary course of business or consistent with past practice)) or (ii) any other amounts denominated
in or otherwise trued-up to provide similar accounting as if it were denominated in foreign currencies; and 

(4) increased (with respect to losses) or decreased (with respect to gains) by, without duplication, any gain or
loss relating to Swap Contracts (excluding Swap Contracts entered into in the ordinary course of business or consistent with past practice); 

provided, that the Borrowers may, in their sole discretion, elect to not make any adjustment for any item pursuant to the foregoing
clauses (a) through (n) above if any such item individually is less than $2,000,000 in any fiscal quarter. 
 “Consolidated
Funded First Lien Indebtedness” means Consolidated Funded Indebtedness that is secured by a Lien on the Collateral that does not rank junior in priority to the Liens on the Collateral securing the Obligations. 

“Consolidated Funded Indebtedness” means all Indebtedness of the type described in clauses (a)(i), (a)(ii) (but excluding
surety bonds, performance bonds or other similar instruments), (a)(iv) (but solely in respect of the amount of outstanding Indebtedness of the type described in (a)(iv) that is in excess of $7.5 million) and (b) (in respect of Indebtedness of the
type described in (a)(i), (a)(ii) (but excluding Indebtedness constituting surety bonds, performance bonds or other similar instruments) and (a)(iv) (but solely in respect of the amount of Indebtedness of the type described in (a)(iv) that is in
excess of $7.5 million)) of the definition of “Indebtedness”, of a Person and its Restricted Subsidiaries on a consolidated basis, in an amount that would be reflected on a balance sheet prepared as of such date on a consolidated basis in
accordance with GAAP (but (x) excluding the effects of any discounting of 

  
 12 

 
Indebtedness resulting from the application of purchase accounting in connection with the Original Transactions or any acquisition and (y) any Indebtedness that is issued at a discount to
its initial principal amount shall be calculated based on the entire stated principal amount thereof, without giving effect to any discounts or upfront payments), excluding obligations in respect of letters of credit (including Letters of Credit),
except to the extent of unreimbursed amounts thereunder. For the avoidance of doubt, it is understood that obligations (i) under Swap Contracts, Cash Management Agreements, and any Receivables Financing and (ii) owed by Unrestricted
Subsidiaries, do not constitute Consolidated Funded Indebtedness. 
 “Consolidated Interest Expense” means, with respect to
any Person for any period, the sum, without duplication, of: 
 (a) the aggregate interest expense of such Person and its
Restricted Subsidiaries for such period, calculated on a consolidated basis in accordance with GAAP, to the extent such expense was deducted (and not added back) in computing Consolidated Net Income (including pay in kind interest payments,
amortization of original issue discount, the interest component of Capitalized Lease Obligations and net payments and receipts (if any) pursuant to interest rate Swap Contracts (other than in connection with the early termination thereof) but
excluding any non-cash interest expense attributable to the movement in the mark-to-market valuation of Indebtedness, Swap Contracts or other derivative instruments, all
amortization and write-offs of deferred financing fees, debt issuance costs, commissions, discounts, fees and expenses and expensing of any bridge, commitment or other financing fees, costs of surety bonds, charges owed with respect to letters of
credit, bankers’ acceptances or similar facilities, and all discounts, commissions, fees and other charges associated with any Receivables Financing); plus 

(b) consolidated capitalized interest of the referent Person and its Restricted Subsidiaries for such period, whether paid or
accrued; less 
 (c) interest income of the referent Person and its Restricted Subsidiaries for such period; 

provided that (a) when determining Consolidated Interest Expense in respect of any four-quarter period
ending prior to the first anniversary of the Closing Date, Consolidated Interest Expense will be calculated by multiplying the aggregate Consolidated Interest Expense accrued since the Closing Date by 365 and then dividing such product by the number
of days from and including the Closing Date to and including the last day of such period and (b) in the case of any Person that became a Restricted Subsidiary of such Person after the commencement of such four-quarter period, the interest
expense of such Person paid in cash prior to the date on which it became a Restricted Subsidiary of such Person will be disregarded. For purposes of this definition, interest on Capitalized Lease Obligations will be deemed to accrue at the interest
rate reasonably determined by such Person to be the rate of interest implicit in such Capitalized Lease Obligations in accordance with GAAP. 

“Consolidated Net Income” means, with respect to any Person for any period, the aggregate of the net income (or loss) of such
Person and its Restricted Subsidiaries for such period, calculated on a consolidated basis in accordance with GAAP and before any reduction in respect of Preferred Stock dividends; provided that (without duplication): 

(a) all net after-tax extraordinary, nonrecurring or unusual gains, losses, income,
expenses and charges, and in any event including, without limitation, all restructuring, severance, relocation, retention and completion bonuses, consolidation, integration or other similar charges and expenses, contract termination costs, system
establishment charges, start-up or closure or transition costs, expenses related to any reconstruction, decommissioning, recommissioning or reconfiguration of fixed assets for alternative uses, fees, expenses
or charges relating to curtailments or modifications to pension and post-retirement employee benefit plans in connection with any acquisition or Permitted Investment, expenses associated with strategic initiatives, facilities shutdown and opening
costs, and any fees, expenses, charges or change in control payments related to any acquisition or Permitted Investment (including any transition-related expenses (including retention or transaction-related
bonuses) incurred before, on or after the Closing Date), will be excluded; 

  
 13 

 (b) all (i) charges and expenses related to the Transactions,
(ii) transaction fees, costs and expenses incurred in connection with the consummation of any equity issuances, investments, acquisitions, dispositions, recapitalizations, mergers, option buyouts and the Incurrence, modification or repayment of
Indebtedness permitted to be Incurred hereunder (including any Refinancing Indebtedness in respect thereof) or any amendments, waivers or other modifications under the agreements relating to such Indebtedness or similar transactions, and
(iii) without duplication of any of the foregoing, non-operating or non-recurring professional fees, costs and expenses for such period will be excluded; 

(c) all net after-tax income, loss, expense or charge from abandoned, closed or discontinued operations and any net after-tax
gain or loss on the disposal of abandoned, closed or discontinued operations (and all related expenses) other than in the ordinary course of business (as determined in good faith by such Person) will be excluded; 

(d) all net after-tax gain, loss, expense or charge attributable to business dispositions and asset dispositions, including the
sale or other disposition of any Equity Interests of any Person, other than in the ordinary course of business (as determined in good faith by such Person), will be excluded; 

(e) all net after-tax income, loss, expense or charge attributable to the early extinguishment or cancellation of Indebtedness,
Swap Contracts or other derivative instruments (including deferred financing costs written off and premiums paid) will be excluded; 

(f) all non-cash gains, losses, expenses or charges attributable to the movement in the
mark-to-market valuation of Indebtedness, Swap Contracts or other derivative instruments will be excluded; 

(g) any non-cash or unrealized currency translation gains and losses related to changes
in currency exchange rates (including remeasurements of Indebtedness and any net loss or gain resulting from Swap Contracts for currency exchange risk), will be excluded; 

(h) (i) the net income for such period of any Person that is not a Restricted Subsidiary of the referent Person or that is
accounted for by the equity method of accounting, will be included only to the extent of the amount of dividends or distributions to the referent Person or a Restricted Subsidiary thereof in respect of such period; and (ii) the net income for
such period will include any ordinary course dividends or distributions received from any such Person during such period in excess of the amounts included in subclause (i) above; 

(i) the cumulative effect of a change in accounting principles and changes as a result of the adoption or modification of
accounting policies during such period will be excluded; 
 (j) the effects of purchase accounting, fair value accounting or
recapitalization accounting adjustments (including the effects of such adjustments pushed down to the referent Person and its Restricted Subsidiaries) resulting from the application of purchase accounting, fair value accounting or recapitalization
accounting in relation to the Original Transactions or any acquisition consummated before or after the Closing Date (including the acquisition of Subsidiary Borrower by the Sponsors), and the amortization, write-down or write-off of any amounts thereof, net of taxes, will be excluded; 
 (k) all non-cash
impairment charges and asset write-ups, write-downs and write-offs, in each case pursuant to GAAP, and the amortization of intangibles arising from the application of GAAP will be excluded; 

(l) all non-cash expenses realized in connection with or resulting from stock option plans, employee benefit plans or
agreements or post-employment benefit plans or agreements, or grants or sales of stock, stock appreciation or similar rights, stock options, restricted stock, preferred stock or other similar rights will be
excluded; 

  
 14 

 (m) any costs or expenses incurred in connection with the payment of
dividend equivalent rights to option holders pursuant to any management equity plan, stock option plan or any other management or employee benefit plan or agreement or post-employment benefit plan or agreement will be excluded; 

(n) all amortization and write-offs of deferred financing fees, debt issuance costs, commissions, fees and expenses, costs of
surety bonds, charges owed with respect to letters of credit, bankers’ acceptances or similar facilities, and expensing of any bridge, commitment or other financing fees (including in connection with a transaction undertaken but not completed),
will be excluded; 
 (o) all discounts, commissions, fees and other charges (including interest expense) associated with any
Receivables Financing will be excluded; 
 (p) (i) the non-cash portion of “straight-line” rent expense will be excluded and (ii) the cash portion of “straight-line” rent expense that exceeds the amount expensed in respect of such rent expense will be included;

 (q) expenses and lost profits with respect to liability or casualty events or business interruption will be disregarded to
the extent covered by insurance and actually reimbursed, or, so long as such Person has made a determination that there exists reasonable evidence that such amount will in fact be reimbursed by the insurer, but only to the extent that such amount
(i) has not been denied by the applicable carrier in writing and (ii) is in fact reimbursed within 365 days of the date on which such liability was discovered or such casualty event or business interruption occurred (with a deduction for
any amounts so added back that are not reimbursed within such 365-day period); provided that any proceeds of such reimbursement when received will be excluded from the calculation of Consolidated Net
Income to the extent the expense or lost profit reimbursed was previously disregarded pursuant to this clause (q); 
 (r)
losses, charges and expenses that are covered by indemnification or other reimbursement provisions in connection with any asset disposition will be excluded to the extent actually reimbursed, or, so long as such Person has made a determination that
a reasonable basis exists for indemnification or reimbursement, but only to the extent that such amount is in fact indemnified or reimbursed within 365 days of such determination (with a deduction in the applicable future period for any amount so
added back to the extent not so indemnified or reimbursed within such 365 days); 
 (s)
non-cash charges or income relating to increases or decreases of deferred tax asset valuation allowances will be excluded; 

(t) cash dividends or returns of capital from Investments (such return of capital not reducing the ownership interest in the
underlying Investment), in each case received during such period, to the extent not otherwise included in Consolidated Net Income for that period or any prior period subsequent to the Closing Date will be included; 

(u) solely for the purpose of determining the amount available for Restricted Payments under clause (c) of the first
paragraph of Section 7.05, and without duplication of provisions under clause (c) of the first paragraph of Section 7.05 with respect to returns on Investments, the net income (or loss) for such period of any Restricted Subsidiary
(other than the Subsidiary Borrower or a Guarantor) will be excluded to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary is not at the date of determination permitted without any prior
governmental approval (which has not been obtained) or, directly or indirectly, by the operation of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Restricted Subsidiary
or its stockholders, unless such restriction with respect to the payment of dividends or similar distributions has been legally waived; provided that Consolidated Net Income of such Person will be increased by the amount of dividends or other
distributions or other payments actually paid in cash (or to the extent converted into cash) to such Person or any of its Restricted Subsidiaries in respect of such period, to the extent not already included therein (subject, in the case of a
dividend to another Restricted Subsidiary (other than a Guarantor), to the limitation contained in this clause); 

  
 15 

 (v) any Initial Public Company Costs will be excluded; 

(w) any (a) severance or relocation costs or expenses, (b) one-time non-cash
compensation charges, (c) the costs and expenses after April 1, 2015 related to employment of terminated employees, or (d) costs or expenses realized in connection with or resulting from stock appreciation or similar rights, stock options
or other rights existing on April 1, 2015 of officers, directors and employees, in each case of such Person or any of its Restricted Subsidiaries, shall be excluded; and 

(x) any non-cash interest expense and non-cash
interest income, in each case to the extent there is no associated cash disbursement or receipt, as the case may be, before the latest maturity date of any then outstanding Term Loan Tranche, shall be excluded; 

provided that the Borrowers may, in their sole discretion, elect to not make any adjustment for any item pursuant to clauses
(a) through (x) above if any such item individually is less than $2,000,000 in any fiscal quarter. 
 For the purpose of
Section 7.05 only, there shall be excluded from Consolidated Net Income any income arising from the sale or other disposition of Restricted Investments, from repurchases or redemptions of Restricted Investments, from repayments of loans or
advances which constituted Restricted Investments or from any dividends, repayments of loans or advances or other transfers of assets from Unrestricted Subsidiaries, in each case to the extent such amounts increase the amount of Restricted Payments
permitted under clause (c)(5) or (c)(6) of the first paragraph of Section 7.05. 
 “Consolidated Net Tangible Assets”
means the aggregate amount of assets of the Parent Borrower and its Restricted Subsidiaries (including deferred tax assets (without reducing such deferred tax assets by deferred tax liabilities), and less applicable reserves and other properly
deductible items) after deducting therefrom all goodwill, trade names, trademarks, patents, unamortized debt discount and expense, investments and other like intangibles, all as set forth in the most recent consolidated balance sheet of Holdings and
computed in accordance with GAAP. 
 “Contingent Obligations” means, with respect to any Person, any obligation of such
Person guaranteeing any leases, dividends or other obligations that do not constitute Indebtedness (“primary obligations”) of any other Person (the “primary obligor”) in any manner, whether directly or indirectly,
including, without limitation, any obligation of such Person, whether or not contingent: 
 (1) to purchase any such primary
obligation or any property constituting direct or indirect security therefor, 
 (2) to advance or supply funds: 

(a) for the purchase or payment of any such primary obligation; or 

(b) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of
the primary obligor; or 
 (3) to purchase property, securities or services primarily for the purpose of assuring the owner
of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation against loss in respect thereof. 

“Contractual Obligation” means, as to any Person, any provision of any security issued by such Person or of any agreement,
loan agreement, indenture, mortgage, deed of trust, lease, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Contribution Indebtedness” means Indebtedness of the Parent Borrower or any Restricted Subsidiary in an aggregate principal
amount not greater than the aggregate amount of cash contributions (other than Excluded Contributions) made to the capital of the Parent Borrower (other than Cure Equity) after the Closing Date and designated as a Cash Contribution Amount;
provided that such Contribution Indebtedness (a) is incurred within 210 days after the date of such cash contribution and (b) is designated as Contribution Indebtedness pursuant to a certificate signed by a Responsible Officer of
the Parent Borrower on the incurrence date thereof. 

  
 16 

 “Control Investment Affiliate” means, as to any Person, any other Person
that (a) directly or indirectly, is in control of, is controlled by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity investments in one or more companies. 

“Controlled Foreign Subsidiary” means any Subsidiary of the Parent Borrower (or of any Subsidiary Guarantor) that is
organized under the laws of the United States, any state thereof or the District of Columbia) that is a “controlled foreign corporation” within the meaning of Section 957 of the Code. 

“Credit Agreement” means (i) this Agreement and (ii) whether or not this Agreement remains outstanding, if
designated by the Borrowers to be included in the definition of “Credit Agreement,” one or more (A) debt facilities, indentures or commercial paper facilities providing for revolving credit loans, term loans, notes, debentures,
receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, (B) debt securities, notes, mortgages, guarantees,
collateral documents, indentures or other forms of debt financing (including convertible or exchangeable debt instruments or bank guarantees or bankers’ acceptances), or (C) instruments or agreements evidencing any other Indebtedness, in
each case, with the same or different borrower(s) or issuer(s) and, in each case, as amended, supplemented, modified, extended, restructured, renewed, refinanced, restated, increased (provided that such increase in borrowings is permitted
under this Agreement), replaced or refunded in whole or in part from time to time and whether by the same or any other agent, lender or investor or group of lenders or investors. 

“Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension. 

“Credit Suisse” means Credit Suisse AG, Cayman Islands Branch, and its successors. 

“Cure Amount” has the meaning specified in Section 8.03(a). 

“Cure Equity” has the meaning specified in Section 8.03(a). 

“Cure Right” has the meaning specified in Section 8.03(a). 

“Debt Fund Affiliate” means any Affiliate of a Sponsor (other than Holdings and its Subsidiaries) that is primarily engaged
in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which no
Sponsor, directly or indirectly, possesses the power to direct or cause the direction of the investment policies of any such Affiliate. 

“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 and affecting the rights
of creditors generally. 
 “Declined Amounts” has the meaning specified in Section 2.05(c). 

“Declining Lender” has the meaning specified in Section 2.05(c). 

“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 an interest rate equal to (after as well as
before judgment), (a) with respect to any overdue principal for any Loan, the applicable interest rate for such Loan plus 2.00% per annum (provided that with respect to Eurocurrency Rate Loans, the determination of the applicable interest
rate is subject to Section 2.02(c) to 

  
 17 

 
the extent that Eurocurrency Rate Loans may not be converted to, or continued as, Eurocurrency Rate Loans, pursuant thereto) and (b) with respect to any other overdue amount, including
overdue interest, the interest rate applicable to Base Rate Loans that are Term Loans plus 2.00% per annum, in each case, to the fullest extent permitted by applicable Laws. 

“Defaulting Lender” means, subject to Section 2.17(b), any Lender that (a) has failed to perform any of its funding
obligations hereunder, including in respect of its Loans or participations in respect of Letters of Credit within three Business Days of the date required to be funded by it hereunder, (b) has notified the Parent Borrower or the Administrative
Agent that it does not intend to comply with its funding obligations or has made a public statement to that effect with respect to its funding obligations hereunder or, solely with respect to a Revolving Credit Lender, under other agreements
generally in which it commits to extend credit, (c) has failed, within three Business Days after reasonable request by the Administrative Agent, to confirm in a manner satisfactory to the Administrative Agent that it will comply with its
funding obligations (provided that the Administrative Agent shall request such confirmation upon reasonable request from any L/C Issuer; provided further that such Lender shall cease to be a Defaulting Lender pursuant to this clause
(c) upon receipt of such confirmation by the Administrative Agent) 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 a receiver, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or a custodian appointed for it or (iii) taken any
action in furtherance of, or indicated its consent to, approval of or acquiescence in any such proceeding or appointment; provided that no Lender shall be a Defaulting Lender solely by virtue of (x) the ownership or acquisition by a
Governmental Authority of any Equity Interest in that Lender or any direct or indirect parent company thereof 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, or
(y) the occurrence of any of the events described in clause (d)(i), (d)(ii) or (d)(iii) of this definition which in each case has been dismissed or terminated prior to the date of this Agreement. Any determination by the Administrative Agent
that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.17(b)) upon
delivery of written notice of such determination to the Parent Borrower, each L/C Issuer and each Lender. 
 “Designated Non-Cash Consideration” means the Fair Market Value of non-cash consideration received by the Parent Borrower or any of the Restricted Subsidiaries in connection with a Disposition made pursuant to
Section 7.04(2)(c) that is designated as “Designated Non-Cash Consideration” on the date received pursuant to a certificate of a Responsible Officer of the Parent Borrower setting forth the
basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-Cash Consideration. 

“Designated Preferred Stock” means Preferred Stock of Holdings or any direct or indirect parent of Holdings, as applicable
(other than Excluded Equity), that is issued after the Closing Date for cash and is so designated as Designated Preferred Stock, pursuant to an officer’s certificate of the Parent Borrower, on the issuance date thereof, the cash proceeds of
which are contributed to the capital of the Parent Borrower (if issued by Holdings or any other direct or indirect parent of Holdings) and excluded from the calculation set forth in clause (c) of the first paragraph of Section 7.05. 

“Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition of any property by
any Person (including any sale and leaseback transaction and any issuance of Capital Stock by a Restricted Subsidiary of such Person), including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts
receivable or any rights and claims associated therewith; provided, however, that “Disposition” and “Dispose” shall not be deemed to include any issuance by Holdings of any of its Capital Stock to another Person.

 “Disqualified Institution” means (a) each person identified as a “Disqualified Institution” on a list
made available to the Administrative Agent by the Borrowers prior to the general launch of syndication of the Initial Term Loans, (b) any Company Competitor identified on a list made available to the Administrative Agent by the Borrowers from
time to time and (c) as to any entity referenced in each of clause (a) and (b) above (the “Primary 

  
 18 

 
Disqualified Institution”), any of such Primary Disqualified Institution’s Affiliates readily identifiable as such by name, but excluding any Affiliate that is primarily engaged
in, or that advises funds, or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to
which the Primary Disqualified Institution does not, directly or indirectly, possess the power to direct or cause the direction of such entity. Notwithstanding the foregoing, any list of Disqualified Institutions shall only be required to be
available to the Lenders on the Platform or another similar electronic system to the extent the Parent Borrower desires to prevent any such Disqualified Institution from being a Participant. For the purposes of clause (b), such list shall be made
available to the Administrative Agent pursuant to Section 10.02. 
 “Disqualified Stock” means, with respect to any
Person, any Equity Interests of such Person that, by its terms (or by the terms of any security into which it is convertible or for which it is puttable, redeemable or exchangeable), in each case, at the option of the holder thereof or upon the
happening of any event: 
 (1) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise
(other than as a result of a change of control or asset sale; provided that the relevant asset sale or change of control provisions, taken as a whole, are no more favorable in any material respect to holders of such Equity Interests than the
asset sale and change of control provisions in the Senior Notes (as in effect on the date hereof) and any purchase requirement triggered thereby may not become operative until compliance with, in the case of an asset sale, the provisions of
Section 7.04 or, in the case of a change of control, the repayment in full of the Obligations), 
 (2) is convertible or
exchangeable for Indebtedness or Disqualified Stock, or 
 (3) is redeemable at the option of the holder thereof, in whole or
in part, 
 in each case prior to the date that is 91 days after the Latest Maturity Date of the Term Loans at the time of issuance of the
respective Disqualified Stock; provided that only the portion of Equity Interests that so mature or is mandatorily redeemable, is so convertible or exchangeable or is so redeemable at the option of the holder thereof prior to such date shall
be deemed to be Disqualified Stock; provided, further, that if such Equity Interests are issued to any employee or to any plan for the benefit of employees of the Parent Borrower or its Subsidiaries or a direct or indirect parent of
the Parent Borrower or by any such plan to such employees, such Equity Interests shall not constitute Disqualified Stock solely because it may be required to be repurchased by the Parent Borrower or its Subsidiaries or a direct or indirect parent of
the Parent Borrower in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s termination, death or disability; provided, further, that any class of Equity Interests of such Person that
by its terms authorizes such Person to satisfy its obligations thereunder by delivery of Equity Interests that are not Disqualified Stock shall not be deemed to be Disqualified Stock. 

“Documentation Agent” means Malayan Banking Berhad, New York Branch. 

“Dollar” and “$” mean lawful money of the United States. 

“Domestic Loan Party” means the Borrowers and each Subsidiary Guarantor that is a Domestic Subsidiary. 

“Domestic Subsidiary” means any Subsidiary of the Parent Borrower that (i) is organized under the laws of the United
States, any state thereof or the District of Columbia, (ii) is not a Subsidiary of a Controlled Foreign Subsidiary and (iii) is not a FSHCO. 

“Dutch Auction” means an auction (an “Auction”) conducted by Holdings or one of its Subsidiaries in order to
purchase any Term Loans under a Tranche (the “Purchase”) in accordance with the following procedures or such other procedures as may be agreed to between the Administrative Agent and the Borrowers: 

(a) Notice Procedures. In connection with any Auction, the Borrowers shall provide notification to the Administrative
Agent (for distribution to the Appropriate Lenders) of the Term Loans under such Tranche that will be the subject of the Auction (an “Auction Notice”). Each Auction Notice 

  
 19 

 
shall be in a form reasonably acceptable to the Administrative Agent and shall specify (i) the total cash value of the bid, in a minimum amount of $10,000,000 with minimum increments of
$2,000,000 in excess thereof (the “Auction Amount”) and (ii) the discounts to par, which shall be expressed as a range of percentages of the par principal amount of the Term Loans under such Tranche at issue (the
“Discount Range”), representing the range of purchase prices that could be paid in the Auction. 
 (b)
Reply Procedures. In connection with any Auction, each applicable Lender may, in its sole discretion, participate in such Auction by providing the Administrative Agent with a notice of participation (the “Return Bid”) which
shall be in a form reasonably acceptable to the Administrative Agent and shall specify (i) a discount to par that must be expressed as a price (the “Reply Discount”), which must be within the Discount Range, and (ii) a
principal amount of the applicable Loans such Lender is willing to sell, which must be in increments of $2,000,000 or in an amount equal to such Lender’s entire remaining amount of the applicable Loans (the “Reply Amount”). Lenders
may only submit one Return Bid per Auction. In addition to the Return Bid, each Lender wishing to participate in such Auction must execute and deliver, to be held in escrow by the Administrative Agent, an assignment and acceptance agreement in a
form reasonably acceptable to the Administrative Agent. 
 (c) Acceptance Procedures. Based on the Reply Discounts and
Reply Amounts received by the Administrative Agent, the Administrative Agent, in consultation with the Borrowers, will determine the applicable discount (the “Applicable Discount”) for the Auction, which shall be the lowest Reply
Discount for which Holdings or its Subsidiary, as applicable, can complete the Auction at the Auction Amount; provided that, in the event that the Reply Amounts are insufficient to allow Holdings or its Subsidiary, as applicable, to complete
a purchase of the entire Auction Amount (any such Auction, a “Failed Auction”), Holdings or such Subsidiary shall either, at its election, (i) withdraw the Auction or (ii) complete the Auction at an Applicable Discount equal to
the highest Reply Discount. Holdings or its Subsidiary, as applicable, shall purchase the applicable Loans (or the respective portions thereof) from each applicable Lender with a Reply Discount that is equal to or greater than the Applicable
Discount (“Qualifying Bids”) at the Applicable Discount; provided that if the aggregate proceeds required to purchase all applicable Loans subject to Qualifying Bids would exceed the Auction Amount for such Auction, Holdings
or its Subsidiary, as applicable, shall purchase such Loans at the Applicable Discount ratably based on the principal amounts of such Qualifying Bids (subject to adjustment for rounding as specified by the Administrative Agent). Each participating
Lender will receive notice of a Qualifying Bid as soon as reasonably practicable but in no case later than five Business Days from the date the Return Bid was due. 

(d) Additional Procedures. Once initiated by an Auction Notice, Holdings or any of its Subsidiaries, as applicable, may
not withdraw an Auction other than a Failed Auction. Furthermore, in connection with any Auction, upon submission by a Lender of a Qualifying Bid, such Lender will be obligated to sell the entirety or its allocable portion of the Reply Amount, as
the case may be, at the Applicable Discount. The Purchase shall be consummated pursuant to and in accordance with Section 10.07 and, to the extent not otherwise provided herein, shall otherwise be consummated pursuant to procedures (including
as to timing, rounding and minimum amounts, Interest Periods, and other notices by Holdings or such Subsidiary, as applicable) reasonably acceptable to the Administrative Agent and the Borrower. 

“Eligible Assignee” means any Person that meets the requirements to be an assignee under Section 10.07(b) (subject to
receipt of such consents, if any, as may be required for the assignment of the applicable Loan and/or Commitments to such Person under Section 10.07(b)(iii)). 

“Engagement Letter” means that certain engagement letter dated July 24, 2015 by and among Holdings, the Borrowers, Credit
Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Goldman Sachs Bank USA, UBS Securities LLC, Deutsche Bank Securities Inc., Morgan Stanley Senior Funding, Inc. and Barclays Bank PLC. 

“Environmental Laws” means any and all applicable federal, state, local and foreign statutes, laws, including common law,
regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses or governmental restrictions relating to pollution, the protection of the environment, human health (to the extent relating to exposure to
Hazardous Materials) or safety, including those related to Hazardous Materials, air emissions and discharges to public pollution control systems. 

  
 20 

 “Environmental Liability” means any liability, contingent or otherwise
(including any liability for damages, costs of environmental remediation, monitoring or oversight by a Governmental Authority, fines, penalties or indemnities), of the Borrowers, any other Loan Party or any of their respective Subsidiaries directly
or indirectly resulting from or based upon (a) any actual or alleged violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) human 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 binding consensual arrangement pursuant to which liability is assumed or imposed with
respect to any of the foregoing. 
 “Environmental Permit” means any permit, approval, identification number, license or
other authorization required under any Environmental Law. 
 “Equity Interests” means Capital Stock and all warrants,
options or other rights to acquire Capital Stock (but excluding any Capital Stock that arises only by reason of the happening of a contingency or any debt security that is convertible into, or exchangeable for, Capital Stock). 

“Equity Issuance” means any issuance by any Person to any other Person of (a) its Equity Interests for cash,
(b) any of its Equity Interests pursuant to the exercise of options or warrants, (c) any of its Equity Interests pursuant to the conversion of any debt securities to equity or (d) any options or warrants relating to its Equity
Interests. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, and the rules and regulations thereunder,
each as amended or modified from time to time. 
 “ERISA Affiliate” means any Person who together with any Loan Party is
treated as a single employer within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code) or Section 4001 of ERISA. 

“ERISA Event” means (a) a Reportable Event with respect to a Plan; (b) the withdrawal of any Loan Party or any
ERISA Affiliate from a 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 any Loan Party or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization (within the meaning of
Section 4241 of ERISA) or insolvent (within the meaning of Section 4245 of ERISA); (d) the filing of a notice of intent to terminate or the treatment of a plan amendment as a termination under Section 4041 or 4041A of ERISA,
respectively, (e) the institution by the PBGC of proceedings to terminate a Plan or Multiemployer Plan; (f) an event or condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a
trustee to administer, any Plan or Multiemployer Plan; (g) the determination that any Plan is considered an at-risk plan within the meaning of Section 430 of the Code or Section 303 of ERISA; (h) the determination that any
Multiemployer Plan is considered a plan in “endangered”, “critical”, or “critical and declining” status within the meaning of Section 432 of the Code or Section 305 of ERISA; (i) 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 any Loan Party or any ERISA Affiliate; (j) the conditions for the imposition of a Lien under Section 430(k) of
the Code or Section 303(k) of ERISA shall have been met with respect to any Plan; (k) any Foreign Benefit Event or (l) any other event or condition with respect to a Plan or Multiemployer Plan that could result in liability of the
Borrowers or any Subsidiary. 
 “Eurocurrency Rate” means, in the case of any Eurocurrency Rate Loan for any Interest
Period: 
 (i) the rate per annum equal to the rate determined by the Administrative Agent to be the offered rate
administered by ICE Benchmark Administration that appears on the Reuters Screen LIBOR01 (or any successor thereto) for deposits in Dollars (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period,
determined as of 

  
 21 

 
approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, or, if different, the date on which quotations would customarily be provided by leading
banks in the London interbank market for deposits of amounts in Dollars for delivery on the first day of such Interest Period; or 

(ii) if the rate referenced in the preceding clause (a)(i) does not appear on such page or service or such page or service
shall not be available, the rate per annum equal to the rate reasonably determined by the Administrative Agent to be the offered rate on such other page or other service that displays the London interbank offered rate for deposits in Dollars (for
delivery on the first day of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, or, if different, the date
on which quotations would customarily be provided by leading banks in the London interbank market for deposits of amounts in Dollars for delivery on the first day of such Interest Period; or 

if the rates referenced in the preceding clauses (a)(i) and (a)(ii) are not available, the Interpolated Rate. “Eurocurrency Rate
Borrowing” means a Borrowing comprising Eurocurrency Rate Loans. 
 “Eurocurrency Rate Loan” means a Loan that
bears interest at a rate based on the applicable Adjusted Eurocurrency Rate. 
 “Event of Default” has the meaning
specified in Section 8.01. 
 “Excess Cash Flow” means, with respect to any Excess Cash Flow Period, an amount, not
less than zero, equal to: 
 (a) Consolidated Net Income of the Borrower Parties for such Excess Cash Flow Period,
minus 
 (b) the sum, without duplication (in each case, for the Parent Borrower and the Restricted Subsidiaries on a
consolidated basis), of: 
 (i) repayments, prepayments and other cash payments made with respect to the principal of any
Indebtedness (including principal representing capitalized interest) or the principal component of any Capitalized Lease Obligations of such Person or any of its Restricted Subsidiaries during such period (excluding voluntary and mandatory
prepayments of Term Loans, but including all premium, make-whole or penalty payments paid in cash (to the extent such payments are not expensed during such period or are not deducted in calculating Consolidated Net Income and such payments are not
otherwise prohibited under this Agreement) and all repayments with respect to revolving Indebtedness to the extent accompanied by a corresponding reduction in commitments); provided that, with respect to any mandatory prepayment of
Indebtedness (other than, for the avoidance of doubt, Term Loans), such prepayments shall only be deducted pursuant to this clause (i) to the extent not deducted in the computation of net proceeds in respect of the asset disposition or
condemnation giving rise thereto; minus 
 (ii) (A) cash payments made by such Person or any of its Restricted
Subsidiaries during such period in respect of capital expenditures, acquisitions of intellectual property, acquisitions, Investments and Restricted Payments (excluding Restricted Payments made pursuant to clause (c) of the first paragraph of
Section 7.05, and pursuant to clauses (2), (3), (7), (8), (9), (12), (17), (18), (21) and (22) of the second paragraph of Section 7.05 (other than any such Restricted Payments made to pay interest expense for Indebtedness of Holdings
or any Parent Holding Company) and Permitted Investments pursuant to clauses (1), (2), (3), (5), (9), (14), (15), (18), (20), (23), and (24) of the definition thereof), and (B) cash payments that such Person or any of its Restricted
Subsidiaries has committed to make or is required to make in respect of capital expenditures, acquisitions of intellectual property, acquisitions and Investments within 365 days 

  
 22 

 
after the end of such period pursuant to binding obligations entered into prior to or during such period; provided that amounts described in this clause (B) will not reduce Excess
Cash Flow in subsequent periods, and, to the extent not paid, will increase Excess Cash Flow in the subsequent period; minus 

(iii) (A) cash payments made by such Person or any of its Restricted Subsidiaries during such period in respect of Taxes
(including distributions to any Parent Holding Company in respect of Taxes), to the extent such payments exceed the amount of tax expense deducted in calculating such Consolidated Net Income, and (B) cash payments that such Person or any of its
Restricted Subsidiaries will be required to make in respect of Taxes (including distributions to any Parent Holding Company in respect of Taxes) within 180 days after the end of such period; provided that amounts described in this clause
(B) will not reduce Excess Cash Flow in subsequent periods, and, to the extent not paid, will increase Excess Cash Flow in the subsequent period; minus 

(iv) all cash payments and other cash expenditures made by such Person or any of its Restricted Subsidiaries during such period
(A) with respect to items that were excluded in the calculation of such Consolidated Net Income pursuant to clauses (a) through (x) of the definition of Consolidated Net Income or (B) that were not expensed during such period in
accordance with GAAP; minus 
 (v) all non-cash credits included in
calculating such Consolidated Net Income (including insured or indemnified losses referred to in clauses (r) and (s) of Consolidated Net Income to the extent not reimbursed in cash during such period); minus 

(vi) an amount equal to the sum of (A) the increase in the Working Capital of such Person during such period (measured as
the excess, if any, of Working Capital at the end of such Excess Cash Flow Period minus Working Capital at the beginning of such Excess Cash Flow Period), if any, plus (B) the increase in long-term accounts receivable of such Person and
its Restricted Subsidiaries, if any; minus 
 (vii) cash payments made in satisfaction of noncurrent liabilities
(excluding payments of Indebtedness for borrowed money) not made directly or indirectly using proceeds, payments or any other amounts available from events or circumstances that were not included in determining Consolidated Net Income during such
period; minus 
 (viii) to the extent not deducted in arriving at Consolidated Net Income, cash fees, expenses and
purchase price adjustments incurred in connection with the Original Transactions or any Permitted Investment, Equity Issuance or debt issuance (whether or not consummated) and any Restricted Payment made to pay any of the foregoing incurred by
Holdings; minus 
 (ix) the amount of cash payments made in respect of pensions and other postemployment benefits in
such period to the extent not deducted in arriving at such Consolidated Net Income; minus 
 (x) cash payments made by
such Person or any of its Restricted Subsidiaries during such period in respect of items for which an accrual or reserve was established in a prior period, in each case to the extent such payments are not expensed during such period or are not
deducted in calculating Consolidated Net Income; plus 
 (xi) all non-cash
charges, losses and expenses (including, without limitation, taxes) of such Person or any of its Restricted Subsidiaries that were deducted in calculating such Consolidated Net Income; plus 

  
 23 

 (xii) an amount equal to the sum of (A) the decrease in Working Capital
of such Person during such period (measured as the excess, if any, of Working Capital at the beginning of such Excess Cash Flow Period minus Working Capital at the end of such Excess Cash Flow Period), if any, plus (B) the decrease in long-term
accounts receivable of such Person and its Restricted Subsidiaries, if any (other than any such increases contemplated by clauses (A) and (B) of this clause (xii) that are directly attributable to acquisitions of a Person or business unit
by a Borrower and its Restricted Subsidiaries during such period); plus 
 (xiii) all amounts referred to in clauses
(i) and (ii) above to the extent funded with the proceeds of the issuance or the incurrence of Indebtedness (other than proceeds of revolving loans) and the sale or issuance of Equity Interests. 

“Excess Cash Flow Period” means any fiscal year of the Parent Borrower, commencing with the fiscal year ending on December
31, 2016. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC
promulgated thereunder. 
 “Exchange Agent” means (a) the Administrative Agent or (b) any other financial
institution or advisor employed by the Parent Borrower (whether or not an Affiliate of the Administrative Agent), after consultation with the Administrative Agent, to act as an arranger in connection with any Permitted Debt Exchange pursuant to
Section 2.19; provided that the Parent Borrower shall not designate the Administrative Agent as the Exchange Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be under no
obligation to agree to act as the Exchange Agent); provided, further, that neither the Parent Borrower nor any of their Affiliates may act as the Exchange Agent. 

“Exchange Rate” means on any day with respect to any currency other than Dollars, the rate at which such currency may be
exchanged into Dollars, as set forth at approximately 11:00 a.m. (London time) on such day on the Reuters “FXFIX” Page for such currency; in the event that such rate does not appear on any Reuters “FXFIX” Page, the Exchange Rate
shall be determined by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Borrower, or, in the absence of such agreement, such Exchange Rate shall instead be the
arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign currency exchange operations in respect of such currency are then being conducted, at or about 10:00 a.m. (New York City time) on such date
for the purchase of Dollars for delivery two Business Days later. 
 “Excluded Contributions” means the net cash proceeds
and Cash Equivalents, or the Fair Market Value of other assets, received by the Parent Borrower after the Closing Date from: 

(1) contributions to its common equity capital, and 

(2) the sale of Capital Stock (other than Excluded Equity) of the Parent Borrower, 

in each case designated as Excluded Contributions pursuant to an officer’s certificate of a Responsible Officer on or promptly after such contribution or
sale, or that has been utilized to make a Restricted Payment pursuant to clause (2) of the second paragraph of Section 7.05. Excluded Contributions will be excluded from the calculation set forth in clause (c) of the first paragraph
of Section 7.05. 
 “Excluded Equity” means (i) Disqualified Stock, (ii) any Equity Interests issued or sold
to a Restricted Subsidiary or any employee stock ownership plan or trust established by Holdings or any of its Subsidiaries or a direct or indirect parent of Holdings (to the extent such employee stock ownership plan or trust has been funded by
Holdings or any Subsidiary or a direct or indirect parent of Holdings), and (iii) any Equity Interest that has already been used or designated (x) as (or the proceeds of which have been used or designated as) a Cash Contribution Amount,
Designated Preferred Stock, an Excluded Contribution or Refunding Capital Stock, or (y) to increase the amount available under clause (4)(a) of the second paragraph under Section 7.05 or clause (14) of the definition of
“Permitted Investments” or is proceeds of Indebtedness referred to in clause (13)(b) of the second paragraph in Section 7.05. 

  
 24 

 “Excluded Property” means, with respect to any Loan Party, (a) any fee-owned real property not constituting Material Real Property and any leased real property, (b) motor vehicles and other assets subject to certificates of title to the extent a Lien thereon cannot be
perfected by filing a UCC financing statement, letter of credit rights (other than letter of credit rights that can be perfected by the filing of a UCC financing statement) with a value not in excess of $7,500,000 in the aggregate and commercial
tort claims with a value not in excess of $7,500,000 in the aggregate, (c) assets to the extent a security interest in such assets would result in material adverse tax consequences (including, without limitation, as a result of the operation of
Section 956 of the Code or any similar law or regulation in any applicable jurisdiction), or material adverse regulatory consequences, in each case, as reasonably determined by the Parent Borrower and notified to the Administrative Agent,
(d) pledges of, and security interests in, certain assets, in favor of the Collateral Agent which are prohibited by applicable Law; provided, that (i) any such limitation described in this clause (d) on the security interests
granted hereunder shall only apply to the extent that any such prohibition could not be rendered ineffective pursuant to the UCC or any other applicable Law or principles of equity and shall not apply to any proceeds or receivables thereof, the
assignment of which is expressly deemed effective under the UCC notwithstanding such prohibition and (ii) in the event of the termination or elimination of any such prohibition contained in any applicable Law, a security interest in such assets
shall be automatically and simultaneously granted under the applicable Collateral Documents and such asset shall be included as Collateral, (e) any governmental licenses (but not the proceeds thereof) or state or local franchises, charters and
authorizations, to the extent security interests in favor of the Collateral Agent in such licenses, franchises, charters or authorizations are prohibited or restricted thereby, in each case, except to the extent such prohibition is unenforceable
after giving effect to the applicable anti-assignment provisions of the UCC other than proceeds and receivables thereof, the assignment of which is expressly deemed effective under the UCC notwithstanding such prohibition; provided that (i) any
such limitation described in this clause (e) on the security interests granted hereunder shall only apply to the extent that any such prohibition or restriction could not be rendered ineffective pursuant to the UCC or any other applicable Law
or principles of equity and (ii) in the event of the termination or elimination of any such prohibition or restriction contained in any applicable license, franchise, charter or authorization, a security interest in such licenses, franchises,
charters or authorizations shall be automatically and simultaneously granted under the applicable Collateral Documents and such licenses, franchises, charters or authorizations shall be included as Collateral, (f) Equity Interests in
(A) any Person other than Wholly Owned Restricted Subsidiaries of the Parent Borrower to the extent and for so long as the pledge thereof in favor of the Collateral is not permitted by the terms of such Person’s joint venture agreement or
other applicable Organization Documents; provided, that such prohibition exists on the Closing Date or at the time such Equity Interests are acquired (so long as such prohibition did not arise in contemplation of such acquisition), (B) any
not-for-profit Subsidiary, (C) any captive insurance Subsidiary, (D) any special purpose securitization vehicle (or similar entity), including any Receivables Subsidiary and (E) any Unrestricted Subsidiary, (g) any lease, license
or other agreement or any property subject to a purchase money security interest, Capitalized Lease Obligation or similar arrangement in each case permitted to be incurred under this Agreement, to the extent that a grant of a security interest
therein would violate or invalidate such lease, license or agreement or purchase money arrangement or create a right of termination in favor of any other party thereto (other than a Loan Party or their Wholly Owned Subsidiaries), in each case,
except to the extent such prohibition is unenforceable after giving effect to the applicable anti-assignment provisions of the UCC, other than proceeds and receivables thereof, the assignment of which is expressly deemed effective under the UCC
notwithstanding such prohibition, (h) “intent-to-use” trademark applications, (i) any assets sold pursuant to a Qualified Receivables Financing, (j) Equity Interests in excess of 65% of the
voting capital stock of (A) any Controlled Foreign Subsidiary or (B) any FSHCO and (k) Margin Stock. Other assets shall be deemed to be “Excluded Property” if the Administrative Agent and the Parent Borrower agree in writing
that the cost of obtaining or perfecting a security interest in such assets is excessive in relation to the value of such assets as Collateral. Notwithstanding anything herein or the Collateral Documents to the contrary, Excluded Property shall not
include any Proceeds (as defined in the UCC), substitutions or replacements of any Excluded Property (unless such Proceeds, substitutions or replacements would otherwise constitute Excluded Property referred to above). 

“Excluded Subsidiary” means any Subsidiary that is (a) an Unrestricted Subsidiary, (b) not wholly owned directly by
one or more Borrowers or one or more Wholly Owned Restricted Subsidiaries of a Borrower, (c) an Immaterial Subsidiary that is designated in writing to the Administrative Agent as such by the Parent Borrower, (d)

  
 25 

 
a FSHCO or Controlled Foreign Subsidiary (or any Subsidiary of such FSHCO or Controlled Foreign Subsidiary), (e) established or created pursuant to clause (13)(g) of the second paragraph of
Section 7.05 and meeting the requirements of the proviso thereto; provided that such Subsidiary shall only be an Excluded Subsidiary for the period immediately prior to such acquisition, (f) a Foreign Subsidiary (other than UK
Holdco and Cayman Finco); (g) a Subsidiary that is prohibited by applicable Law from guaranteeing the Facilities, or which would require governmental (including regulatory) consent, approval, license or authorization to provide a guarantee unless,
such consent, approval, license or authorization has been received, in each case so long as the Administrative Agent shall have received a certification from a Responsible Officer of Holdings as to the existence of such prohibition or consent,
approval, license or authorization requirement, (h) a Subsidiary that is prohibited from guaranteeing the Facilities by any Contractual Obligation in existence on the Closing Date and is listed on Schedule 1.01(e) hereto (or, in the case of any
newly-acquired Subsidiary, in existence at the time of acquisition thereof but not entered into in contemplation thereof), (i) a Subsidiary with respect to which a guarantee by it of the Facilities would result in material adverse tax consequences
to Holdings, the Borrowers or one or more of its Restricted Subsidiaries, as reasonably determined by the Parent Borrower in consultation with the Administrative Agent, (j) any Receivables Subsidiary,
(k) not-for-profit subsidiaries, (l) Subsidiaries that are special purpose entities, and (m) any other Subsidiary with respect to which, in the reasonable judgment of the Administrative Agent
(confirmed in writing by notice to the Parent Borrower), the cost or other consequences (including any adverse tax consequences) of guaranteeing the Facilities would be excessive in view of the benefits to be obtained by the Lenders therefrom;
provided that if a Subsidiary executes the Subsidiary Guaranty as a “Subsidiary Guarantor,” then it shall not constitute an “Excluded Subsidiary” (unless released from its obligations under the Subsidiary Guaranty as a
“Subsidiary Guarantor” in accordance with the terms hereof and thereof); provided, further, that no Subsidiary of the Parent Borrower shall be an Excluded Subsidiary if such Subsidiary is a guarantor with respect to any
Refinancing Notes, any New Incremental Notes, the Senior Notes, or, to the extent incurred by a Loan Party (other than Holdings), any other Indebtedness that is treated as an “obligation of a United States person” within the meaning of
Code Section 956, in each case, with an aggregate outstanding principal amount in excess of $150 million. 
 “Excluded
Swap Obligation” means, with respect to any Guarantor, (a) any Swap Obligation if, and to the extent that, all or a portion of the Guarantee of such Guarantor of, or the grant by such Guarantor of a security interest 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 Futures Trading Commission (or the application or official interpretation of any thereof) (i)
by virtue of such Guarantor’s failure to constitute an “eligible contract participant,” as defined in the Commodity Exchange Act and the regulations thereunder (determined after giving effect to any applicable keepwell, support, or
other agreement for the benefit of such Guarantor), at the time the guarantee of (or grant of such security interest by, as applicable) such Guarantor becomes or would become effective with respect to such Swap Obligation or (ii) in the case of
a Swap Obligation that is subject to a clearing requirement pursuant to section 2(h) of the Commodity Exchange Act, because such Guarantor is a “financial entity,” as defined in section 2(h)(7)(C) the Commodity Exchange Act, at the time
the guarantee of (or grant of such security interest by, as applicable) such Guarantor becomes or would become effective with respect to such Swap Obligation or (b) any other Swap Obligation designated as an “Excluded Swap Obligation”
of such Guarantor as specified in any agreement between the relevant Loan Parties and Hedge Bank applicable to such Swap Obligation. 

“Excluded Taxes” means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or
deducted from a payment to a Recipient: (a) Taxes imposed on or measured by such Recipient’s 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 applicable lending office located in, the jurisdiction imposing such Tax or (ii) that are Other Connection Taxes, (b) in the case of a Lender
(other than any Lender becoming a party hereto pursuant to a request by any Loan Party under Section 3.08), any U.S. federal withholding Taxes imposed pursuant to a Law in effect on the date on which such Lender becomes a party hereto or
changes its lending office, except in each case to the extent that, pursuant to Section 3.01, additional 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(g) and (d) any Taxes imposed under FATCA. 

  
 26 

 “Executive Order” means Executive Order No. 13224 of September 23,
2001, entitled Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)). 

“Existing Credit Agreement” means that certain Credit Agreement, dated as of December 5, 2011 (as amended, restated,
supplemented or otherwise modified from time to time prior to the Closing Date), among Holdings, the Borrowers, the financial institutions party thereto as lenders and Credit Suisse AG, Cayman Islands Branch, as administrative agent. 

“Existing Holdco Notes” means the $1,125 million in aggregate principal amount of 9.375%/10.125% Senior PIK Toggle Notes
issued by Holdings, which will be satisfied and discharged in connection with the Refinancing. 
 “Existing Investments”
means A.M. Pappas Life Science Ventures III, L.P., A.M. Pappas Life Science Ventures IV, Auven Therapeutics Holdings, L.P., Bay City Capital Fund IV, L.P., Bay City Capital Fund V, L.P. and venBio Global Strategic Fund, L.P. 

“Existing L/C Issuer” means Credit Suisse or any of its Affiliates, as issuer of the Existing Letters of Credit. 

“Existing Letters of Credit” means the letters of credit set forth on Schedule 1.01(k) issued under the Existing
Credit Agreement. 
 “Existing Non-Core Assets” means the Existing Investments, X-Chem and XRX. 
 “Existing Swap Contract” means any forward foreign exchange
transaction between or among the Parent Borrower or any of its Restricted Subsidiaries, on the one hand, and HSBC Bank USA, National Association, and its Affiliates, on the other hand, existing as of the Closing Date. 

“Facility” means the Term Facilities, the Revolving Credit Facility or the Letter of Credit Sublimit, as the context may
require. 
 “Fair Market Value” means, with respect to any asset or property, the price that could be negotiated in an arm’s-length, free market transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the transaction (as determined in good
faith by the senior management or the board of directors of the Parent Borrower, Holdings or any Parent Holding Company, whose determination will be conclusive for all purposes under the Loan Documents). 

“FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version
that is substantively comparable and not materially more onerous to comply with), any current or future Treasury regulations or official administrative interpretations thereof, any agreements entered into pursuant to current Section 1471(b)(1)
of the Code (or any amended or successor version described above) and any intergovernmental agreements implementing the foregoing (together with any Laws implementing such agreements). 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight federal
funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day
is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day and (b) if no such rate is so published on such next
succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to the Administrative Agent on such day on such transactions as determined by the
Administrative Agent. 
 “Financial Covenant” has the meaning specified in Section 7.08. 

  
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 “Financial Covenant Event of Default” has the meaning specified in
Section 8.01(b). 
 “First Lien Gross Leverage Ratio” means, on any date of determination, with respect to the
Borrower Parties on a consolidated basis, the ratio of (a) Consolidated Funded First Lien Indebtedness of the Borrower Parties on such date to (b) Consolidated EBITDA of the Borrower Parties for the four fiscal quarter period most recently
then ended for which financial statements have been delivered pursuant to Section 6.01(a) or (b), as applicable. 
 “First Lien
Net Leverage Ratio” means, on any date of determination, with respect to the Borrower Parties on a consolidated basis, the ratio of (a) Consolidated Funded First Lien Indebtedness (less the unrestricted cash and Cash Equivalents of the
Borrower Parties as of such date) of the Borrower Parties on such date to (b) Consolidated EBITDA of the Borrower Parties for the four fiscal quarter period most recently then ended for which financial statements have been delivered pursuant to
Section 6.01(a) or (b), as applicable. 
 “Fixed Charge Coverage Ratio” means, with respect to any Person as of any
date, the ratio of (1) Consolidated EBITDA of such Person for the most recent period of four consecutive fiscal quarters for which internal financial statements are available immediately preceding the date on which such calculation of the Fixed
Charge Coverage Ratio is made, calculated on a Pro Forma Basis for such period to (2) the Fixed Charges of such Person for such period calculated on a Pro Forma Basis. In the event that the Parent Borrower or any of its Restricted Subsidiaries
Incurs or redeems or repays any Indebtedness (other than in the case of revolving credit borrowings or revolving advances under any Qualified Receivables Financing unless the related commitments have been terminated and such Indebtedness has been
permanently repaid and has not been replaced) or issues or redeems Preferred Stock or Disqualified Stock subsequent to the commencement of the period for which the Fixed Charge Coverage Ratio is being calculated but prior to or simultaneously with
the event for which the calculation of the Fixed Charge Coverage Ratio is made, then the Fixed Charge Coverage Ratio shall be calculated on a Pro Forma Basis; provided that, in the event that the Parent Borrower shall classify Indebtedness
Incurred on the date of determination as Incurred in part as Ratio Debt and in part pursuant to one or more clauses of the definition of “Permitted Debt” (other than in respect of clause (o) of such definition), as provided in the
third paragraph of Section 7.01, any calculation of Fixed Charges pursuant to this definition on such date (but not in respect of any future calculation following such date) shall not include any such Indebtedness (and shall not give effect to
any repayment, repurchase, redemption, defeasance or other acquisition, retirement or discharge of Indebtedness from the proceeds thereof) to the extent Incurred pursuant to any such other clause of such definition. 

“Fixed Charges” means, with respect to any Person for any period, the sum of: 

(1) Consolidated Interest Expense of such Person for such period, and 

(2) the product of (a) all cash dividend payments (excluding items eliminated in consolidation) on any series of Preferred
Stock or Disqualified Stock of such Person and its Restricted Subsidiaries for such period and (b) a fraction, the numerator of which is one and the denominator of which is one minus the then current combined federal, state and local statutory
tax rate of such Person and its Restricted Subsidiaries, expressed as a decimal, in each case, on a consolidated basis and in accordance with GAAP. 

“Fixed GAAP Date” means the Closing Date; provided that at any time after the Closing Date, the Parent Borrower
may by written notice to the Administrative Agent elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in
such notice. 
 “Fixed GAAP Terms” means (a) the definitions of the terms “Capitalized Lease
Obligation,” “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Net Tangible Assets”, “First Lien Gross Leverage Ratio”, “First Lien Net Leverage Ratio,” “Total Net
Leverage Ratio,” “Consolidated Funded Indebtedness,” “Consolidated EBITDA” and “Indebtedness,” (b) all defined terms in this Agreement to the extent used in or relating to any of the foregoing definitions, and all
ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Agreement that, at the Parent Borrower’s election, may be specified by the Parent Borrower by written notice to the
Administrative Agent from time to time; provided that the Parent Borrower may elect to remove any term from constituting a Fixed GAAP Term. 

  
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 “Flood Insurance Laws” means, collectively, (i) the National Flood
Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (iii) the National Flood Insurance Reform
Act of 1994 as now or hereafter in effect or any successor statute thereto, (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto and (iv) Biggert-Waters Flood Insurance Reform Act of
2012 as now or hereafter in effect or any successor statute thereto. 
 “Foreign Benefit Event” means, with respect to any
Foreign Plan, (a) the existence of unfunded liabilities in excess of the amount permitted under any applicable Law, or in excess of the amount that would be permitted absent a waiver from a Governmental Authority, (b) the failure to make
the required contributions or payments, under any applicable Law, on or before the due date for such contributions or payments, (c) the receipt of a notice by a Governmental Authority relating to the intention to terminate any such Foreign Plan
or to appoint a trustee or similar official to administer any such Foreign Plan, or alleging the insolvency of any such Foreign Plan, (d) the incurrence of any liability by the Parent Borrower or any of its Subsidiaries under applicable Law on
account of the complete or partial termination of such Foreign Plan or the complete or partial withdrawal of any participating employer therein or (e) the occurrence of any transaction that is prohibited under any applicable Law and that could
reasonably be expected to result in the incurrence of any liability by the Parent Borrower or any of its Subsidiaries, or the imposition on the Parent Borrower or any of its Subsidiaries of, any fine, excise tax or penalty resulting from any
noncompliance with any applicable Law. 
 “Foreign Casualty Event” shall have the meaning assigned to such term in
Section 2.05(b)(viii). 
 “Foreign Disposition” shall have the meaning assigned to such term in
Section 2.05(b)(viii). 
 “Foreign Lender” means a lender that is not a U.S. Person. 

“Foreign Plan” means any pension plan, benefit plan, fund (including any superannuation fund) or other similar program
established, maintained or contributed to by a Loan Party or any of its Subsidiaries primarily for the benefit of employees employed and residing outside the United States (other than plans, funds or other similar programs that are maintained
exclusively by a Governmental Authority), and which plan is not subject to ERISA or the Code. 
 “Foreign Subsidiary” means
any direct or indirect Subsidiary of the Parent Borrower 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, such Defaulting Lender’s Pro Rata Share 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 Non-Defaulting Lenders or Cash Collateralized in accordance with the terms hereof). 

“FSHCO” means any Subsidiary of the Parent Borrower (or of any Subsidiary Guarantor that is organized under the laws of the
United States, any state thereof or the District of Columbia that owns no material assets other than Capital Stock and/or, if applicable, indebtedness of one or more Controlled Foreign Subsidiaries or another FSHCO (it being understood that PPD
International Holdings, Inc. and APBI Finance Corp. satisfy the foregoing requirement as of the Closing Date). 
 “Fund”
means any Person (other than a natural person) that is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business. 

“GAAP” means generally accepted accounting principles in the United States of America as in effect on the Fixed GAAP Date
(for purposes of the Fixed GAAP Terms) and as in effect from time to time (for all other purposes of the Agreement), including those 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 

  
 29 

 the Financial Accounting Standards Board or in such other statements by such other entity as approved by a
significant segment of the accounting profession (but excluding the policies, rules and regulations of the SEC applicable only to public companies); provided that the Company may at any time elect by written notice to the Administrative Agent
to use IFRS in lieu of GAAP for financial reporting purposes and, upon any such notice, references herein to GAAP shall thereafter be construed to mean (a) for periods beginning on and after the date specified in such notice, IFRS as in effect
on the date specified in such notice (for purposes of the Fixed GAAP Terms) and as in effect from time to time (for all other purposes of the Agreement) and (b) for prior periods, GAAP as defined in the first sentence of this definition without
giving effect to the proviso thereto. All ratios and computations based on GAAP contained in the Agreement shall be computed in conformity with GAAP. 

“Governmental Authority” means any nation or government, any state or other political subdivision thereof, any agency,
authority, instrumentality, regulatory body, court, administrative tribunal, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government. 

“Granting Lender” has the meaning specified in Section 10.07(g). 

“Guarantee” means, as to any Person, without duplication, (a) any obligation, contingent or otherwise, of such Person
guaranteeing or having the economic effect of guaranteeing any Indebtedness or other monetary 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 monetary obligation, (ii) to purchase or lease property, securities or
services for the purpose of assuring the obligee in respect of such Indebtedness or other monetary obligation of the payment or performance of such Indebtedness or other monetary 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 monetary obligation or (iv) entered into for the purpose of
assuring in any other manner the obligee in respect of such Indebtedness or other monetary 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 monetary obligation of any other Person, whether or not such Indebtedness or other monetary obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such
Indebtedness to obtain any such Lien); provided that the term “Guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business, or customary or reasonable indemnity obligations
in effect on the Closing Date, or entered into in connection with any acquisition or Disposition of assets permitted under this Agreement (other than such obligations with respect to Indebtedness). 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. 

“Guarantors” means, collectively, Holdings and, as of the Closing Date, the Subsidiaries of the Parent Borrower listed on
Schedule 1 (such Subsidiaries not to include the Subsidiary Borrower or any Excluded Subsidiary) and each other Subsidiary of the Parent Borrower that shall be required to execute and deliver (or otherwise does execute and deliver) a guaranty or
guaranty supplement pursuant to Section 6.12 or 6.16. 
 “Guaranty” means, collectively, the Holdings Guaranty and the
Subsidiary Guaranty. 
 “Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or
toxic substances, materials or wastes, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, toxic mold, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other hazardous or toxic
substances or wastes of any nature regulated pursuant to any Environmental Law. 
 “Hedge Bank” means any Person that
(i) at the time it enters into a Swap Contract, is a Lender or an Agent or an Affiliate of a Lender or an Agent, (ii) within 30 days after the time it enters into a Swap Contract, becomes a Lender or an Agent or an Affiliate of a Lender or
an Agent, or (iii) with respect to Swap Contracts in effect as of the Closing Date, is, as of the Closing Date or within 30 days after the Closing Date, a Lender or an Agent or an Affiliate of a Lender or an Agent, in each case, in its capacity
as a party to such Swap Contract. 

  
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 “Holdings” has the meaning specified in the introductory paragraph to this
Agreement. 
 “Holdings Guaranty” means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on
behalf of the Secured Parties, substantially in the form of Exhibit F-1. 
 “Honor
Date” has the meaning specified in Section 2.03(d)(i). 
 “IFRS” means the International Financial Reporting
Standards as issued by the International Accounting Standards Board. 
 “Immaterial Subsidiary” means any Subsidiary of the
Subsidiary Borrower that, as of the date of the most recent financial statements required to be delivered pursuant to Section 6.01(a) or (b), does not have (a) assets (when combined with the assets of all other Immaterial Subsidiaries,
after eliminating intercompany obligations) in excess of 5.0% of Consolidated Net Tangible Assets or (b) revenues (when combined with the revenues of all other Immaterial Subsidiaries, after eliminating intercompany obligations) for the period
of four consecutive fiscal quarters ending on such date in excess of 5.0% of the consolidated revenues of the Parent Borrower and the Restricted Subsidiaries for such period; provided that, at all times prior to the first delivery of
financial statements pursuant to Section 6.01(a) or (b), this definition shall be applied based on the pro forma consolidated financial statements of the Subsidiary Borrower and its Subsidiaries delivered to the Administrative Agent prior to
the date hereof. 
 “Increase Effective Date” has the meaning specified in Section 2.14(c). 

“Incremental Amount” has the meaning specified in Section 2.14(a). 

“Incremental Arranger” has the meaning specified in Section 2.14(a). 

“Incremental Notes Arranger” has the meaning specified in Section 2.15(a). 

“Incur” means, with respect to any Indebtedness, Capital Stock or Lien, to issue, assume, guarantee, incur or otherwise
become liable for such Indebtedness, Capital Stock or Lien, as applicable; provided that any Indebtedness, Capital Stock or Lien of a Person existing at the time such Person becomes a Subsidiary (whether by merger, amalgamation,
consolidation, acquisition or otherwise) shall be deemed to be Incurred by such Person at the time it becomes a Subsidiary. 

“Indebtedness” means, with respect to any Person, without duplication: 

(a) the principal of any indebtedness of such Person, whether or not contingent, (i) in respect of borrowed money,
(ii) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or, without duplication, reimbursement agreements in respect thereof), (iii) representing the deferred and unpaid purchase
price of any property, (iv) in respect of Capitalized Lease Obligations or (v) representing any Swap Contracts, in each case, if and to the extent that any of the foregoing Indebtedness (other than letters of credit and Swap Contracts)
would appear as a liability on a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; 

(b) to the extent not otherwise included, any guarantee by such Person of the Indebtedness of another Person (other than by
endorsement of negotiable instruments for collection in the ordinary course of business); and 
 (c) to the extent not
otherwise included, Indebtedness of another Person secured by a Lien on any asset owned by such Person (whether or not such Indebtedness is assumed by such Person); provided, however, that the amount of such Indebtedness will be the lesser of:
(a) the Fair Market Value of such asset at such date of determination, and (b) the amount of such Indebtedness of such other Person. 

  
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 The term “Indebtedness” shall not include any lease, concession or license of
property (or Guarantee thereof) which would be considered an operating lease under GAAP as in effect on the Closing Date, any prepayments of deposits received from clients or customers in the ordinary course of business or consistent with past
practices, or obligations under any license, permit or other approval (or Guarantees given in respect of such obligations) Incurred prior to the Closing Date or in the ordinary course of business or consistent with past practices. 

Notwithstanding the above provisions, in no event shall the following constitute Indebtedness: 

(i) Contingent Obligations Incurred in the ordinary course of business or consistent with past practices; 

(ii) obligations under or in respect of Receivables Financings; 

(iii) any balance that constitutes a trade payable, accrued expense or similar obligation to a trade creditor, in each case
Incurred in the ordinary course of business; 
 (iv) intercompany liabilities that would be eliminated on the consolidated
balance sheet of the Parent Borrower and its consolidated Subsidiaries; 
 (v) prepaid or deferred revenue arising in the
ordinary course of business; 
 (vi) Cash Management Services; 

(vii) in connection with the purchase by the Borrowers or any Restricted Subsidiary of any business, any post-closing payment adjustments 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, at the time of closing, the amount of any such payment is not determinable and, to the extent such payment thereafter becomes fixed and determined, the amount is paid in a timely manner; 

(viii) for the avoidance of doubt, any obligations in respect of workers’ compensation claims, early retirement or
termination obligations, deferred compensatory or employee or director equity plans, pension fund obligations or contributions or similar claims, obligations or contributions or social security or wage taxes; or 

(ix) Capital Stock (other than Disqualified Stock and Preferred Stock). 

“Indemnified Liabilities” has the meaning specified in Section 10.05. 

“Indemnified Taxes” means (a) all 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 (a), all Other Taxes. 

“Indemnitees” has the meaning specified in Section 10.05. 

“Independent Financial Advisor” means an accounting, appraisal or investment banking firm or consultant, in each case of
nationally recognized standing that is, in the good faith determination of the Parent Borrower, qualified to perform the task for which it has been engaged. 

“Information” has the meaning specified in Section 10.08. 

  
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 “Initial Public Company Costs” means, as to any Person, costs relating to
compliance with the provisions of the Securities Act and the Exchange Act, as applicable to companies with equity securities held by the public, costs associated with, or in anticipation of, or preparation for, compliance with the requirements of
the Sarbanes Oxley Act of 2002 and the rules and regulations promulgated in connection therewith, the rules of national securities exchange companies with listed equity, directors’ compensation, fees and expense reimbursement, costs relating to
investor relations, shareholder meetings and reports to shareholders, directors’ and officers’ insurance and other executive costs, legal and other professional fees, and listing fees, in each case to the extent arising solely by virtue of
the initial listing of such Person’s equity securities on a national securities exchange; provided that any such costs arising from the costs described above in respect of the ongoing operation of such Person as a listed equity or its
listed debt securities following the initial listing of such Person’s equity securities or debt securities, respectively, on a national securities exchange shall not constitute Initial Public Company Costs. 

“Initial Term Borrowing” means a borrowing consisting of simultaneous Initial Term Loans of the same Type and, in the case of
Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a), in each case, on the Closing Date. 

“Initial Term Commitment” means, as to each Term Lender, its obligation to make Initial Term Loans to the Parent Borrower
pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Initial Term Commitment” as such amount may be adjusted from
time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $2,575,000,000. 

“Initial Term Loans” has the meaning specified in Section 2.01(a). 

“Intellectual Property Security Agreement” means, collectively, the intellectual property security agreement, substantially
in the form of Exhibit B to the Security Agreement, entered into by the applicable Loan Parties dated the date of this Agreement, together with each other intellectual property security agreement or Intellectual Property Security Agreement
Supplement executed and delivered pursuant to Section 6.12, 6.14 or Section 6.16. 
 “Intellectual Property Security
Agreement Supplement” means, collectively, any intellectual property security agreement supplement entered into in connection with, and pursuant to the terms of, any Intellectual Property Security Agreement. 

“Intercompany Subordination Agreement” means an intercompany subordination agreement, in substantially the form of Exhibit J
hereto, or otherwise in form and substance reasonably satisfactory to the Administrative Agent. 
 “Interest Payment Date”
means, (a) as to any Loan other than a Base Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such Loan was made; provided, however, that if any Interest
Period for a Eurocurrency 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, the last Business
Day of each fiscal quarter and the Maturity Date of the Facility under which such Loan was made (commencing with September 30, 2015). 

“Interest Period” means, as to each Eurocurrency Rate Loan, the period commencing on the date such Eurocurrency Rate Loan is
disbursed or converted to or continued as a Eurocurrency Rate Loan and ending on the date one (1), two (2), three (3) or six (6) months thereafter, or to the extent consented to by all Appropriate Lenders, twelve months thereafter (or such
shorter interest period as may be agreed to by all Lenders of the applicable Tranche) as the Parent Borrower may elect; as selected by the Parent Borrower in a Committed 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; 

  
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 (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 scheduled Maturity Date of the Facility under which such Loan was made. 

“Interpolated Rate” means, with respect to any Eurocurrency Rate Borrowing for any Interest Period, a rate per annum which
results from interpolating on a linear basis between (a) the applicable Screen Rate for the longest maturity for which a Screen Rate is available that is shorter than such Interest Period and (b) the applicable Screen Rate for the shortest
maturity for which a Screen Rate is available that is longer than such Interest Period, in each case as of 11:00 a.m., London time on the day two Business Days prior to the first day of such Interest Period. 

“Investment” means, with respect to any Person, (i) all investments by such Person in other Persons (including
Affiliates) in the form of (a) loans (including guarantees of Indebtedness), (b) advances or capital contributions (excluding accounts receivable, trade credit and advances or other payments made to customers, dealers, suppliers and
distributors and payroll, commission, travel and similar advances to officers, directors, managers, employees consultants and independent contractors made in the ordinary course of business), and (c) purchases or other acquisitions for
consideration of Indebtedness, Equity Interests or other securities issued by any other Person and (ii) investments that are required by GAAP to be classified on the balance sheet of the Parent Borrower in the same manner as the other
investments included in clause (i) of this definition to the extent such transactions involve the transfer of cash or other property; provided that Investments shall not include, in the case of the Parent Borrower and the Restricted
Subsidiaries, intercompany loans, advances, or Indebtedness having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of business. If any Borrower or any Restricted Subsidiary sells or
otherwise disposes of any Equity Interests of any Restricted Subsidiary, or any Restricted Subsidiary issues any Equity Interests, in either case, such that, after giving effect to any such sale or disposition, such Person is no longer a Subsidiary
of the Parent Borrower, the Parent Borrower shall be deemed to have made an Investment on the date of any such sale or other disposition equal to the Fair Market Value of the Equity Interests of and all other Investments in such Restricted
Subsidiary retained. In no event shall a guarantee of an operating lease of any Borrower or any Restricted Subsidiary be deemed an Investment. For purposes of the definition of “Unrestricted Subsidiary” and the covenant described in
Section 7.05: 
 (1) “Investments” shall include the portion (proportionate to the Parent Borrower’s
equity interest in such Subsidiary) of the Fair Market Value of the net assets of a Subsidiary of the Parent Borrower at the time that such Subsidiary is designated an Unrestricted Subsidiary; provided, however, that upon a redesignation of such
Subsidiary as a Restricted Subsidiary, the Parent Borrower shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary in an amount (if positive) equal to: 

(a) the Parent Borrower’s “Investment” in such Subsidiary at the time of such redesignation less 

(b) the portion (proportionate to the Parent Borrower’s equity interest in such Subsidiary) of the Fair Market Value of
the net assets of such Subsidiary at the time of such redesignation; and 
 (2) any property transferred to or from an
Unrestricted Subsidiary shall be valued at its Fair Market Value at the time of such transfer. 
 The amount of any Investment outstanding
at any time (including for purposes of calculating the amount of any Investment outstanding at any time under any provision of Section 7.05 and otherwise determining compliance with Section 7.05) shall be the original cost of such
Investment (determined, in the case of any Investment made with assets of any Borrower or any Restricted Subsidiary, based on the Fair Market Value of the assets invested and without taking into account subsequent increases or decreases in value),
reduced by any dividend, distribution, interest payment, return of capital, repayment or other amount received in cash by any Borrower or a Restricted Subsidiary in respect of such Investment and shall be net of any Investment by such Person in any
Borrower or any Restricted Subsidiary. 

  
 34 

 “Investment Grade Rating” means a rating equal to or higher than Baa3 (or
the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other “nationally recognized statistical rating organization” within the meaning of Section 3 under the Exchange Act selected by
the Parent Borrower as a replacement agency for Moody’s or S&P, as the case may be. 
 “Investment Grade
Securities” means: 
 (1) securities issued or directly and guaranteed or insured by the U.S. government or any
agency or instrumentality thereof (other than Cash Equivalents), 
 (2) securities that have an Investment Grade Rating, but
excluding any debt securities or instruments constituting loans or advances among the Parent Borrower and its Subsidiaries, 

(3) investments in any fund that invests at least 95.0% of its assets in investments of the type described in clauses
(1) and (2) above and clause (4) below which fund may also hold immaterial amounts of cash pending investment and/or distribution, and 

(4) corresponding instruments in countries other than the United States customarily utilized for high quality investments and
in each case with maturities not exceeding two years from the date of acquisition. 
 “IP Rights” has the meaning specified
in Section 5.16. 
 “IRS” means the United States Internal Revenue Service. 

“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 and to which such Letter of Credit is subject). 

“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 applicable L/C Issuer and the Parent Borrower (or, if applicable, a Restricted Subsidiary) or in favor of such L/C Issuer and relating to such Letter of Credit. 

“joint venture” means any joint venture or similar arrangement (in each case, regardless of legal formation), including but
not limited to collaboration arrangements, profit sharing arrangements or other contractual arrangements. 
 “Judgment
Currency” has the meaning specified in Section 10.23. 
 “Junior Financing” has the meaning specified in
Section 7.05. 
 “Junior Financing Document” means any documentation governing any Junior Financing. 

“JV Distribution” means, at any time, 50% of the aggregate amount of all cash dividends or distributions received by the
Parent Borrower or any of its Restricted Subsidiaries as a return on an Investment in a Permitted joint venture during the period from April 1, 2015 through the end of the fiscal quarter most recently ended immediately prior to such date for which
financial statements are internally available; provided that the Parent Borrower or any of its Restricted Subsidiaries are not required to reinvest such dividends or distributions in the Permitted Joint Venture. 

  
 35 

 “Latest Maturity Date” means, at any date of determination, the latest
maturity or expiration date applicable to any Term Loan Tranche or Revolving Tranche at such time under this Agreement, in each case as extended in accordance with this Agreement from time to time. 

“Laws” means, collectively, all applicable 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. 

“L/C Advance” means, with respect to each Revolving Credit Lender, such Lender’s funding of its participation in any L/C
Borrowing in accordance with its applicable Pro Rata Share. 
 “L/C Borrowing” means an extension of credit resulting from
a drawing under any Letter of Credit which has not been reimbursed by the Borrowers on the date required under Section 2.03(d)(i) or refinanced as a Revolving Credit Borrowing. 

“L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date
thereof, or the renewal or increase of the amount thereof. 
 “L/C Issuer” means (a) each of Credit Suisse, JPMorgan
Chase Bank, N.A., Goldman Sachs Bank USA, UBS AG, Stamford Branch, Deutsche Bank AG New York Branch, Morgan Stanley Senior Funding, Inc. and Barclays Bank PLC in their capacity as an issuer of Letters of Credit hereunder (it being understood that
none of the L/C Issuers identified in this clause (a) shall be obligated to issue any trade or commercial letters of credit hereunder, unless such L/C Issuer consents to do so), (b) any other Lender reasonably acceptable to the Borrowers and
the Administrative Agent that agrees to issue Letters of Credit pursuant hereto, in each case in its capacity as an issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder and (c) the Existing L/C Issuer
shall be an L/C Issuer with respect to the Existing Letters of Credit, and in each case, applicable Affiliates. 
 “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 1.10. For all purposes of this Agreement, if on any date of determination a Letter of Credit has
expired by its terms but (a) any amount may still be drawn thereunder by reason of the operation of Rule 3.13 or 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, or (b) any drawing was made thereunder on or before the last day permitted thereunder and such drawing has not been honored or refused by the applicable L/C Issuer, such Letter of Credit shall be deemed to be “outstanding”
in the amount of such drawing. 
 “Lender” has the meaning specified in the introductory paragraph to this Agreement and,
as the context requires, includes each L/C Issuer. 
 “Lending Office” means, as to any Lender, the office or offices of
such Lender described as such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Parent Borrower and the Administrative Agent. 

“Letter of Credit” means any letter of credit issued hereunder and the Existing Letters of Credit. A Letter of Credit may be
a commercial letter of credit or a standby letter of credit. 
 “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 applicable L/C Issuer, together with a request for L/C Credit Extension, substantially in the form of Exhibit
A-2 hereto. 

  
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 “Letter of Credit Expiration Date” means, subject to
Section 2.03(a)(ii)(C), the day that is five Business Days prior to the scheduled Maturity Date then in effect for the Revolving Credit Facility (or, if such day is not a Business Day, the next preceding Business Day). 

“Letter of Credit Sublimit” means an amount equal to $40,000,000. The Letter of Credit Sublimit is part of, and not in
addition to, the Revolving Credit Facility. 
 “Lien” means, with respect to any asset, any mortgage, lien, pledge,
hypothecation, charge, security interest, preference, priority 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 or similar statutes) of
any jurisdiction); provided that in no event shall an operating lease or an agreement to sell be deemed to constitute a Lien. 

“Loan” means an extension of credit by a Lender to the Borrowers under Article II in the form of a Term Loan, a Revolving
Credit Loan or a Specified Refinancing Revolving Loan. 
 “Loan Documents” means, collectively, (i) this Agreement,
(ii) the Notes, (iii) the Guaranty, (iv) the Collateral Documents, (v) the Intercompany Subordination Agreement, (vi) any intercreditor agreement required to be entered into pursuant to the terms of this Agreement,
(vii) any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.16 of this Agreement, and (viii) any Refinancing Amendment. 

“Loan Parties” means, collectively, the Borrowers 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 market. 
 “Majority Lenders” of any Tranche shall mean those
Non-Defaulting Lenders which would constitute the Required Lenders under, and as defined in, this Agreement if all outstanding Obligations of the other Tranches under this Agreement were repaid in full and all
Commitments with respect thereto were terminated. 
 “Management Agreement” means those certain Consulting Services
Agreements between Holdings, on the one hand, and any Sponsor, as applicable, on the other hand entered into on December 5, 2011, and each such Consulting Services Agreement, as the same may be amended, restated, modified or replaced, from time to
time, to the extent such amendment, modification or replacement is not less advantageous to the Lenders in any material respect than such Consulting Services Agreement entered into on December 5, 2011. 

“Margin Stock” has the meaning assigned to such term in Regulation U of the Board as from time to time in effect. 

“Material Adverse Effect” means (a) a material adverse effect on the business, assets, property, liabilities (actual or
contingent), financial condition or results of operations of the Parent Borrower and the Restricted Subsidiaries, taken as a whole, (b) a material adverse effect on the ability of the Loan Parties (taken as a whole) to perform their respective
obligations under the Loan Documents or (c) a material adverse effect on the rights, remedies of the Agents or the Lenders under the Loan Documents. 

“Material Real Property” means any parcel of real property (other than a parcel with a Fair Market Value of less than
$10,000,000) owned in fee by a Loan Party and located in the United States; provided, however, that one or more parcels owned in fee by a Loan Party and located adjacent to, contiguous with, or in close proximity to, and comprising one
property with a common street address, may, in the reasonable discretion of the Administrative Agent, be deemed to be one parcel for the purposes of this definition. 

  
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 “Maturity Date” means: (a) with respect to the Revolving Credit
Facility, the earlier of (i) August 18, 2020 and (ii) the date of termination in whole of the Revolving Credit Commitments pursuant to Section 2.06(a) or 8.02; and (b) with respect to the Initial Term Loans, the earliest of
(i) August 18, 2022, (ii) the date of termination in whole of the Initial Term Commitments pursuant to Section 2.06(a) prior to any Initial Term Borrowing and (iii) the date that the Initial Term Loans are declared due and payable
pursuant to Section 8.02; provided that the reference to Maturity Date with respect to (i) Term Loans and Revolving Credit Commitments that are the subject of a loan modification offer pursuant to Section 10.01 and
(ii) Term Loans and Revolving Credit Commitments that are incurred pursuant to Sections 2.14 or 2.18 shall, in each case, be the final maturity date as specified in the loan modification documentation, incremental documentation, or specified
refinancing documentation, as applicable thereto. 
 “Maximum First Lien Leverage Requirement” means, with respect to any
request made in reliance on this definition under Article II for an increase in any Revolving Tranche or any Term Loan Tranche, for a New Revolving Facility, for a New Term Facility or for the issuance of New Incremental Notes, the requirement that,
on a Pro Forma Basis, after giving effect to such increase, such new Facility (assuming all commitments thereunder are fully drawn) or such New Incremental Notes (including, in each case, any acquisition consummated concurrently therewith), the
First Lien Gross Leverage Ratio as of the date of the most recent financial statements required to be delivered pursuant to Section 6.02(a) or (b) does not exceed 4.75:1.00; provided, that solely for the purpose of calculating the
First Lien Gross Leverage Ratio pursuant to this definition, any Indebtedness incurred pursuant to Sections 2.14 or 2.15, any Indebtedness described under clause (24) of the definition of “Permitted Liens” and any New Incremental
Notes and any Refinancing Notes (in the case of Refinancing Notes, to the extent that such Refinancing Notes refinance Indebtedness incurred pursuant to Sections 2.14 or 2.15 or New Incremental Notes) and, in each case, whether or not such
Indebtedness is unsecured or is secured (it being understood that if any portion of such Indebtedness is reclassified pursuant to the third paragraph of Section 7.01 to any other exception to Section 7.01, such portion of such Indebtedness
shall no longer be deemed secured if unsecured at such time) by Liens that rank junior in priority to the Liens securing the Obligations, shall be deemed to constitute Consolidated Funded First Lien Indebtedness. 

“Maximum Rate” has the meaning specified in Section 10.10. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Mortgage” means, collectively, the deeds of trust, trust deeds and mortgages in respect of Mortgaged Properties in the U.S.
made by the Loan Parties in favor or for the benefit of the Collateral Agent on behalf of the Lenders in form and substance reasonably satisfactory to the Administrative Agent, in each case as the same may be amended, amended and restated, extended,
supplemented, substituted or otherwise modified from time to time. 
 “Mortgaged Properties” means the parcels of real
property identified on Schedule 5.08(b) and any other Material Real Property with respect to which a Mortgage is required pursuant to Section 6.12. 

“Multiemployer Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA, to which any Loan
Party or any ERISA Affiliate makes or is obligated to make contributions. 
 “Net Cash Proceeds” means: 

(a) with respect to the Disposition of any asset by the Parent Borrower or any of its Restricted Subsidiaries (other than any
Disposition of any receivables in a Qualified Receivables Financing by the Parent Borrower or any of its Restricted Subsidiaries to a Receivables Subsidiary) or any Casualty Event, the excess, if any, of (i) the sum of cash and Cash Equivalents
received in connection with such Disposition or Casualty Event (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received and, with
respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of such Casualty Event received by or paid to or for the account of the Parent Borrower or any of its Restricted Subsidiaries and including any proceeds received
as a result of unwinding any related Swap Contract in connection with such related transaction) over (ii) the sum of: 

  
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 (A) the principal amount of any Indebtedness that is secured by a Lien on
the asset subject to such Disposition or Casualty Event and that is required to be repaid in connection with such Disposition or Casualty Event (other than (x) Indebtedness under the Loan Documents and (y), if such asset constitutes Collateral,
any Indebtedness secured by such asset with a Lien ranking pari passu with or junior to the Lien securing the Obligations, together with any applicable premiums, penalties, interest or breakage costs, 

(B) the fees and out-of-pocket expenses incurred by the Parent Borrower or such
Restricted Subsidiary in connection with such Disposition or Casualty Event (including attorneys’ fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer
taxes, deed or mortgage recording taxes, other customary expenses and brokerage, consultant and other customary fees actually incurred in connection therewith), 

(C) all taxes paid or reasonably estimated to be payable in connection with such Disposition or Casualty Event (or any tax
distribution the Parent Borrower may be required to make as a result of such Disposition or Casualty Event) and any repatriation costs associated with receipt or distribution by the applicable taxpayer of such proceeds, 

(D) any costs associated with unwinding any related Swap Contract in connection with such transaction, 

(E) any reserve for adjustment in respect of (x) the sale price of the property that is the subject of such Disposition
established in accordance with GAAP and (y) any liabilities associated with such property and retained by the Parent Borrower or any of its Restricted Subsidiaries after such Disposition, including pension and other post-employment benefit
liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction, and it being understood that “Net Cash Proceeds” shall include, without limitation, any cash or Cash
Equivalents (i) received upon the Disposition of any non-cash consideration received by the Parent Borrower or any of its Restricted Subsidiaries in any such Disposition and (ii) upon the reversal
(without the satisfaction of any applicable liabilities in cash in a corresponding amount) of any reserve described in this clause (E), and 

(F) in the case of any Disposition or Casualty Event by a Restricted Subsidiary that is a joint venture or other non-Wholly
Owned Restricted Subsidiary, the pro rata portion of the Net Cash Proceeds thereof (calculated without regard to this clause (F)) attributable to the minority interests and not available for distribution to or for the account of Holdings or a Wholly
Owned Restricted Subsidiary as a result thereof; 
 (b) with respect to the incurrence or issuance of any Indebtedness by the
Parent Borrower or any of its Restricted Subsidiaries, the excess, if any, of (i) the sum of the cash received in connection with such incurrence or issuance and in connection with unwinding any related Swap Contract in connection therewith
over (ii) the investment banking fees, underwriting discounts and commissions, premiums, expenses, accrued interest and fees related thereto, taxes reasonably estimated to be payable and other
out-of-pocket expenses and other customary expenses, incurred by the Parent Borrower or such Restricted Subsidiary in connection with such incurrence or issuance and any costs associated with unwinding any
related Swap Contract in connection therewith and, in the case of Indebtedness of any Foreign Subsidiary, deductions in respect of withholding taxes that are or would otherwise be payable in cash if such funds were repatriated to the United States;
and 
 (c) notwithstanding clause (j) and (k) of the definition of Asset Sale, with respect to the Disposition of any
assets in a Qualified Receivables Financing by the Parent Borrower or any of its Restricted Subsidiaries to a Receivables Subsidiary, the excess, if any, of (x) the cash and Cash Equivalents that at any time exceed (when taken together with all
amounts that at such time have been received by a Receivables Subsidiary pursuant to clause (17) of “Permitted Investments” and not repaid) $100,000,000 received in connection with (i) any sale of such assets by the Parent
Borrower or any of its Restricted 

  
 39 

 
Subsidiaries, (ii) the repayment to the Parent Borrower or any of its Restricted Subsidiaries of any loan solely to finance the purchase from the Parent Borrower or such Restricted
Subsidiary of such assets and (iii) any return of capital invested by the Parent Borrower or any of its Restricted Subsidiaries in a Receivables Subsidiary for such Qualified Receivables Financing over (y) customary upfront fees (including
investment banking fees and discounts), commissions, costs and other expenses, in each case incurred in connection with such Qualified Receivables Financing and not already deducted from the amounts received pursuant to clause (x) above. 

“New Incremental Notes” has the meaning specified in Section 2.15(a). 

“New Incremental Notes Indentures” means, collectively, the indentures or other similar agreements pursuant to which any New
Incremental Notes are issued, together with all instruments and other agreements in connection therewith, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof, but only to the extent permitted under
the terms of the Loan Documents. 
 “New Loan Commitments” has the meaning specified in Section 2.14(a). 

“New Revolving Commitment” has the meaning specified in Section 2.14(a). 

“New Term Commitment” has the meaning specified in Section 2.14(a). 

“New Revolving Facility” has the meaning specified in Section 2.14(a). 

“New Revolving Loan” has the meaning specified in Section 2.14(a). 

“New Term Facility” has the meaning specified in Section 2.14(a). 

“New Term Loan” has the meaning specified in Section 2.14(a). 

“No Undisclosed Information Statement” means, with respect to any Person, (i) a representation that such Person is not
in possession of any material non-public information with respect to Holdings or any of its Subsidiaries that has not been disclosed to the Lenders generally (other than those Lenders who have elected to not
receive any non-public information with respect to Holdings or any of its Subsidiaries), and if so disclosed could reasonably be expected to have a material effect upon, or otherwise be material to, the market
price of the applicable Loan, or the decision of an assigning Lender to sell, or of an assignee to purchase, such Loan, or, alternatively, (ii) a statement that such representation cannot be made. 

“Non-Consenting Lender” has the meaning specified in Section 3.08(c). 

“Non-Defaulting Lender” means any Lender other than a Defaulting Lender. 

“Non-Loan Party” means any Subsidiary of the Parent Borrower that is not a Loan Party. 

“Note” means a Term Note or a Revolving Credit Note, as the context may require. 

“NPL” means the National Priorities List under CERCLA. 

“Obligations” means 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, Letter of Credit, Secured Cash Management Agreement or Secured Hedge Agreement, in each case 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 of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such
proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; provided that (a) obligations of any Loan Party under any Secured Cash Management Agreement or Secured Hedge Agreement shall be secured and
guaranteed pursuant to 

  
 40 

 
the Collateral Documents only to the extent that, and for so long as, the other Obligations are so secured and guaranteed, (b) any release of Collateral or Guarantors effected in the manner
permitted by this Agreement shall not require the consent of holders of obligations under Secured Hedge Agreements or Secured Cash Management Agreements and (c) the Obligations with respect to any Guarantor shall not include Excluded Swap
Obligations of such Guarantor. Without limiting the generality of the foregoing, the Obligations of the Loan Parties under the Loan Documents include (a) the obligation to pay principal, interest, Letter of Credit commissions, charges,
expenses, fees, indemnities and other amounts payable by any Loan Party under any Loan Document and (b) the obligation of any Loan Party to reimburse any amount in respect of any of the foregoing pursuant to Section 10.04. 

“OID” means original issue discount. 

“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 or limited liability company agreement (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction) and (c) with respect to any partnership,
joint venture, trust or other form of business entity, the partnership, joint venture, trust or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto filed in connection with its
formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of such entity. 

“Original Transactions” means the transactions consummated in connection with that certain Agreement and Plan of Merger,
dated as of October 2, 2011, among Jaguar Holdings, LLC and Subsidiary Borrower, including the borrowings under the Existing Credit Agreement and the issuance of the Borrowers’ 9.50% Senior Notes due 2019. 

“Other Affiliate” means any Sponsor and any Affiliate of a Sponsor, other than Holdings, any Subsidiary of Holdings and any
natural person. 
 “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 LC” has the meaning specified in Section 2.03(c)(v). 

“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 both (i) imposed with respect to an assignment (other than an assignment made pursuant to Section 3.08) and (ii) Other Connection Taxes. 

“Outstanding Amount” means: (a) with respect to the Term Loans, Revolving Credit Loans and Specified Refinancing
Revolving Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of the Term Loans, Revolving Credit Loans (including any refinancing of outstanding unpaid drawings
under Letters of Credit or L/C Credit Extensions as a Revolving Credit Borrowing) and Specified Refinancing Revolving Loans, as the case may be, occurring on such date; and (b) with respect to any L/C Obligations on any date, 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 of outstanding
unpaid drawings under any Letters of Credit (including any refinancing of outstanding unpaid drawings under Letters of Credit or L/C Credit Extensions as a Revolving Credit Borrowing) or any reductions in the maximum amount available for drawing
under Letters of Credit taking effect on such date. “Parent Borrower” has the meaning specified in the Preliminary Statements of this Agreement. 

  
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 “Parent Holding Company” means any direct or indirect parent entity of
Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company). 

“Pari Passu Indebtedness” means: 

(a) with respect to any Borrower, any Indebtedness that ranks pari passu in right of payment to the Loans; and

 (b) with respect to any Guarantor, its guarantee of the Obligations and any Indebtedness that ranks pari
passu in right of payment to such Guarantor’s guarantee of the Obligations. 
 “Participant” has the meaning
specified in Section 10.07(d). 
 “Participant Register” has the meaning specified in Section 10.07(m). 

“PATRIOT Act” has the meaning specified in Section 10.22. 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any
installment payment thereof) to Plans and set forth in Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. 

“Perfection Exceptions” means that no Loan Party shall be required to (i) enter into control agreements with respect to,
or otherwise perfect any security interest by “control” (or similar arrangements) over securities accounts, deposit accounts, other bank accounts, cash and cash equivalents and accounts related to the clearing, payment processing and
similar operations of Parent Borrower and its Restricted Subsidiaries, (ii) perfect the security interest in the following other than by the filing of a UCC financing statement: (1) letter-of-credit
rights (as defined in the UCC), (2) commercial tort claims (as defined in the UCC), (3) Fixtures (as defined in the UCC), except to the extent that the same are Equipment (as defined in the UCC) or are related to real property covered or intended by
the Loan Documents to be covered by a Mortgage and (4) Assigned Agreements (as defined in the Security Agreement), (iii) so long as no Event of Default shall have occurred and be continuing, send notices to account debtors or other contractual
third-parties, (iv) enter into any security documents to be governed by the law of any jurisdiction in which assets are located outside the United States or any state thereof (other than with respect to such documents necessary to perfect the
security interests granted by or in respect of UK Holdco and Cayman Finco contemplated hereby), or (v) deliver landlord waivers, estoppels or collateral access letters. 

“Permitted Asset Swap” means the substantially concurrent purchase and sale or exchange of Related Business Assets or a
combination of Related Business Assets and cash or Cash Equivalents between Holdings or any of its Restricted Subsidiaries and another Person; provided that any cash or Cash Equivalents received must be applied in accordance with
Section 7.04. 
 “Permitted Debt” has the meaning specified in Section 7.01. 

“Permitted Debt Exchange Notes” means Indebtedness in the form of unsecured, first lien, second lien or other junior lien
notes; provided that such Indebtedness (i) satisfies the Permitted Other Debt Conditions, (ii) the covenants of such Indebtedness are, taken as a whole, not more restrictive to the Borrowers and the Restricted Subsidiaries than
those contained in the Loan Documents (taken as a whole) (except for (x) covenants or other provisions applicable only to periods after the Maturity Date of the applicable Facility existing at the time of incurrence or issuance of such
Permitted Debt Exchange Notes and (y) any financial maintenance covenant to the extent such covenant is also added for the benefit of the lenders under the applicable Facility) or otherwise reflect market terms and conditions (as reasonably
determined by the Borrowers) at the time of incurrence or issuance of such Permitted Debt Exchange Notes, (iii) does not mature prior to the Latest Maturity Date of the Term Loans, (iv) such Indebtedness is not at any time guaranteed by
any Person other than Guarantors, and (v) to the extent secured, 

  
 42 

 
such Indebtedness is not secured by property other than the Collateral and the Liens securing such Indebtedness shall be subject to customary intercreditor arrangements reasonably satisfactory to
the Administrative Agent and the security agreements governing such Liens shall be substantially the same as of the Collateral Documents (with such differences as are reasonably acceptable to the Administrative Agent). 

“Permitted Debt Exchange Offer” has the meaning specified in Section 2.19(a). 

“Permitted Encumbrances” has the meaning specified in the Mortgages. 

“Permitted Holders” means each of (a) the Sponsors, (b) managers and members of management of the Borrowers (or any
Permitted Parent (other than clause (c) thereof)) or its Subsidiaries that have ownership interests in the Borrowers (or such Permitted Parent (other than clause (c) thereof)), (c) any other beneficial owner in the common equity of the
Borrowers (or such Permitted Parent (other than clause (c) thereof)) as of the Closing Date, (d) any group (within the meaning of Rules 13d-3 and 13d-5 under
the Exchange Act) of which any of the Persons described in clauses (a), (b) or (c) above are members; provided that, without giving effect to the existence of such group or any other group, any of the Persons described in clauses (a),
(b) and (c), collectively, beneficially own Voting Stock representing 50% or more of the total voting power of the Voting Stock of the Borrowers (or any Permitted Parent (other than clause (c) thereof)) then held by such group, and (e) any
Permitted Parent. 
 “Permitted Investments” means: 

(1) any Investment in cash and Cash Equivalents or Investment Grade Securities and Investments that were Cash Equivalents or
Investment Grade Securities when made; 
 (2) any Investment in any Borrower or any Restricted Subsidiary; 

(3) any Investments by Subsidiaries that are not Restricted Subsidiaries in other Subsidiaries that are not Restricted
Subsidiaries; 
 (4) any Investment by any Borrower or any Restricted Subsidiary in a Person that is primarily engaged in a
Similar Business if as a result of such Investment (a) such Person becomes a Restricted Subsidiary, or (b) such Person, in one transaction or a series of related transactions, is merged, consolidated or amalgamated with or into, or
transfers or conveys all or substantially all of its assets to, or is liquidated into, a Borrower or a Restricted Subsidiary (and any Investment held by such Person that was not acquired by such Person in contemplation of so becoming a Restricted
Subsidiary or in contemplation of such merger, consolidation, amalgamation, transfer, conveyance or liquidation); 
 (5) any
Investment in securities or other assets received in connection with an Asset Sale made pursuant to Section 7.04 or any other Disposition of assets not constituting an Asset Sale; 

(6) any Investment (x) existing on the Closing Date and listed on Schedule 7.05, (y) made pursuant to binding commitments
in effect on the Closing Date and listed on Schedule 7.05 or (z) that replaces, refinances, refunds, renews or extends any Investment described under either of the immediately preceding clauses (x) or (y); provided that any such
Investment is in an amount that does not exceed the amount replaced, refinanced, refunded, renewed or extended, except as contemplated pursuant to the terms of such Investment in existence on the Closing Date or as otherwise permitted under this
definition or otherwise under Section 7.05; 
 (7) loans and advances to, or guarantees of Indebtedness of, employees,
directors, officers, managers, consultants or independent contractors in an aggregate amount, taken together with all other Investments made pursuant to this clause (7) that are at the time outstanding, not in excess of $15.0 million
outstanding at any one time in the aggregate; 

  
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 (8) loans and advances to officers, directors, employees, managers,
consultants and independent contractors for business related travel and entertainment expenses, moving and relocation expenses and other similar expenses, in each case in the ordinary course of business; 

(9) any Investment (x) acquired by any Borrower or any of its Restricted Subsidiaries (a) in exchange for any other
Investment or accounts receivable held by any Borrower or any such Restricted Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of any Borrower or any such Restricted Subsidiary of such other
Investment or accounts receivable, or (b) as a result of a foreclosure or other remedial action by any Borrower or any of its Restricted Subsidiaries with respect to any Investment or other transfer of title with respect to any Investment in
default and (y) received in compromise or resolution of (A) obligations of trade creditors or customers that were incurred in the ordinary course of business of any Borrower or any Restricted Subsidiary, 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; 

(10) Swap Contracts and cash management services permitted under Section 7.01(j); 

(11) any Investment by any Borrower or any of its Restricted Subsidiaries in a Similar Business (other than an Investment in an
Unrestricted Subsidiary) in an aggregate amount, taken together with all other Investments made pursuant to this clause (11) that are at the time outstanding, not to exceed the greater of (x) $175.0 million and (y) 11.0% of Consolidated
Net Tangible Assets; provided, however, that if any Investment pursuant to this clause (11) is made in any Person that is not a Restricted Subsidiary at the date of the making of such Investment and such Person becomes a
Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (2) above and shall cease to have been made pursuant to this clause (11) for so long as such Person continues to be a
Restricted Subsidiary; 
 (12) additional Investments by any Borrower or any of its Restricted Subsidiaries in an aggregate
amount, taken together with all other Investments made pursuant to this clause (12) that are at the time outstanding, not to exceed the greater of (x) $200.0 million and (y) 12.0% of Consolidated Net Tangible Assets; provided,
however, that if any Investment pursuant to this clause (12) is made in any Person that is not a Restricted Subsidiary at the date of the making of such Investment and such Person becomes a Restricted Subsidiary after such date, such
Investment shall thereafter be deemed to have been made pursuant to clause (2) above and shall cease to have been made pursuant to this clause (12) for so long as such Person continues to be a Restricted Subsidiary; 

(13) any transaction to the extent it constitutes an Investment that is permitted and made in accordance with the provisions of
Section 6.18(b) (except transactions described in clause (2), (3), (4), (8), (9), (13) or (14)); 
 (14) Investments the
payment for which consists of Equity Interests (other than Excluded Equity) of the Parent Borrower or any direct or indirect parent of the Parent Borrower, as applicable; provided, however, that such Equity Interests will not increase
the amount available for Restricted Payments under clause (c) of the first paragraph of Section 7.05; 
 (15)
Investments consisting of the leasing, licensing, sublicensing or contribution of intellectual property in the ordinary course of business or pursuant to joint marketing arrangements with other Persons; 

(16) Investments consisting of purchases or acquisitions of inventory, supplies, materials and equipment or purchases,
acquisitions, licenses, sublicenses or leases or subleases of intellectual property, or other rights or assets, in each case in the ordinary course of business; 

(17) any Investment in a Receivables Subsidiary or any Investment by a Receivables Subsidiary in any other Person in connection
with a Qualified Receivables Financing, including Investments of funds held in accounts permitted or required by the arrangements governing such Qualified Receivables Financing or any related Indebtedness; 

  
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 (18) Investments of a Restricted Subsidiary acquired after the Closing Date
or of an entity merged into or amalgamated or consolidated with a Restricted Subsidiary in a transaction that is not prohibited by Section 7.03 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; 

(19) repurchases of the Senior Notes; 

(20) guarantees of Indebtedness permitted to be incurred under Section 7.01 and Obligations relating to such Indebtedness
and guarantees (other than guarantees of Indebtedness) in the ordinary course of business; 
 (21) advances, loans or
extensions of trade credit in the ordinary course of business by any Borrower or any of the Restricted Subsidiaries; 
 (22)
Investments consisting of purchases and acquisitions of assets or services in the ordinary course of business; 
 (23)
Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit and Uniform Commercial Code Article 4 customary trade arrangements with customers; 

(24) intercompany current liabilities owed to Unrestricted Subsidiaries or joint ventures incurred in the ordinary course of
business in connection with the cash management operations of the Parent Borrower and its Subsidiaries; 
 (25) Investments
in joint ventures of any Borrower or any of its Restricted Subsidiaries existing on the Closing Date in an aggregate amount, taken together with all other Investments made pursuant to this clause (25) that are at the time outstanding, not to
exceed the greater of (x) $125.0 million and (y) 7.5% of Consolidated Net Tangible Assets; provided that the Investments permitted pursuant to this clause may be increased by the amount of JV Distributions, without duplication of
dividends or distributions increasing amounts available pursuant to clause (c) of the first paragraph of Section 7.05; 

(26) the Transactions; 

(27) accounts receivable, security deposits and prepayments and other credits granted or made in the ordinary course of
business and any Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors and others, including in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and
disputes with or judgments against, such account debtors and others, in each case in the ordinary course of business; 
 (28)
Investments acquired as a result of a foreclosure by any Borrower or any Restricted Subsidiary with respect to any secured Investments or other transfer of title with respect to any secured Investment in default; 

(29) Investments resulting from pledges and deposits that are Permitted Liens; 

(30) acquisitions of obligations of one or more officers or other employees of any direct or indirect parent of the Parent
Borrower, the Parent Borrower or any Subsidiary of the Parent Borrower in connection with such officer’s or employee’s acquisition of Equity Interests of any direct or indirect parent of the Borrower, so long as no cash is actually
advanced by the Parent Borrower or any Restricted Subsidiary to such officers or employees in connection with the acquisition of any such obligations; 

  
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 (31) Guarantees of operating leases (for the avoidance of doubt, excluding
Capitalized Lease Obligations) or of other obligations that do not constitute Indebtedness, in each case, entered into by any Borrower or any Restricted Subsidiary in the ordinary course of business; 

(32) Investments consisting of the redemption, purchase, repurchase or retirement of any Equity Interests permitted by
Section 7.05; 
 (33) non-cash Investments made in connection with tax planning
and reorganization activities; 
 (34) Investments made pursuant to obligations entered into when the Investment would have
been permitted hereunder so long as such Investment when made reduces the amount available under the clause under which the Investment would have been permitted; and 

(35) Investments made in the ordinary course of business in connection with obtaining, maintaining or renewing client and
customer contracts and loans or advances made to, and guarantees with respect to obligations of, distributors, suppliers, licensors and licensees in the ordinary course of business. 

“Permitted Joint Venture” means, with respect to any specified Person, a joint venture in any other Person engaged in a
Similar Business in respect of which the Parent Borrower or a Restricted Subsidiary beneficially owns at least 35% of the shares of Equity Interests of such Person. 

“Permitted Liens” means, with respect to any Person: 

(1) Liens incurred in connection with workers’ compensation laws, unemployment insurance laws or similar legislation, or
in connection with bids, tenders, contracts (other than for the payment of Indebtedness) or leases to which such Person is a party, or to secure public or statutory obligations of such Person or to secure surety, stay, customs or appeal bonds to
which such Person is a party, or as security for contested taxes or import duties or for the payment of rent, in each case Incurred in the ordinary course of business; 

(2) Liens imposed by law, such as carriers’, warehousemen’s, landlords’, materialmen’s, repairman’s,
construction contractors’, mechanics’ or other like Liens, in each case for sums not yet overdue by more than 30 days or being contested in good faith by appropriate proceedings or other Liens arising out of judgments or awards against
such Person with respect to which such Person shall then be proceeding with an appeal or other proceedings for review (or which, if due and payable, are being contested in good faith by appropriate proceedings and for which adequate reserves are
being maintained, to the extent required by GAAP); 
 (3) Liens for taxes, assessments or other governmental charges or
levies (i) which are not yet due or payable or (ii) which are being contested in good faith by appropriate proceedings and for which adequate reserves are being maintained to the extent required by GAAP, or for property taxes on property
such Person or one of its Subsidiaries has determined to abandon if the sole recourse for such tax, assessment, charge, levy or claim is to such property; 

(4) Liens in favor of the issuers of performance and surety bonds, bid, indemnity, warranty, release, appeal or similar bonds
or with respect to regulatory requirements or letters of credit or bankers’ acceptances issued and completion of guarantees provided for, in each case, pursuant to the request of and for the account of such Person in the ordinary course of its
business; 
 (5) survey exceptions, encumbrances, ground leases, easements or reservations of, or rights of others for,
licenses, rights-of-way, servitudes, sewers, electric lines, drains, telegraph and telephone and cable television lines, gas and oil pipelines and other similar
purposes, or zoning, building codes or other restrictions (including, without limitation, minor defects or irregularities in title and similar encumbrances) as to the use of real properties or Liens incidental to the conduct of the business of such
Person or to the ownership of its properties which do not in the aggregate materially adversely interfere with the ordinary conduct of the business of such Person; 

  
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 (6) Liens incurred to secure Obligations in respect of Indebtedness
permitted to be incurred pursuant to Section 7.01(a) or (d) and obligations secured ratably thereunder; provided that, in the case of clause (d), such Lien extends only to the assets and/or Capital Stock the acquisition, lease,
construction, repair, replacement or improvement of which is financed thereby and any replacements, additions and accessions thereto and any income or profits thereof; 

(7) Liens of any Borrower or any of the Guarantors existing on the Closing Date and listed on Schedule 7.02 and any
modifications, replacements, renewals or extensions thereof; provided that (i) the Lien does not extend to any additional property other than (A) after-acquired property that is affixed or incorporated into the property covered by
such Lien or (B) proceeds and products thereof; provided that individual financings provided by a lender may be cross collateralized to other financings provided by such lender or its affiliates and (ii) the modification,
replacement, renewal, extension or refinancing of the obligations secured or benefited by such Liens (if such obligations constitute Permitted Debt); 

(8) Liens on assets of, or Equity Interests (other than Equity Interests in any Subsidiary that is required to become a
Guarantor pursuant to this Agreement) in, a Person at the time such Person becomes a Subsidiary; provided, however, that such Liens are not created or incurred in connection with, or in contemplation of, such other Person becoming such
a Subsidiary; provided, further, that such Liens are limited to all or a portion of or assets (and improvements on such assets) that secured (or, under the written arrangements under which the Liens arose, could secure) the obligations
to which such Liens relate; provided, further, that for purposes of this clause (8), if a Person becomes a Subsidiary, any Subsidiary of such Person shall be deemed to become a Subsidiary of the Borrowers, and any property or assets of
such Person or any Subsidiary of such Person shall be deemed acquired by the Borrowers at the time of such merger, amalgamation or consolidation; 

(9) Liens on assets at the time any Borrower or any Restricted Subsidiary acquired the assets, including any acquisition by
means of a merger, amalgamation or consolidation with or into such Borrower or such Restricted Subsidiary; provided, however, that such Liens are not created or Incurred in connection with, or in contemplation of, such acquisition;
provided, further, that such Liens are limited to all or a portion of the property or assets (and improvements on such property or assets) that secured (or, under the written arrangements under which the Liens arose, could secure) the
obligations to which such Liens relate; provided, further, that for purposes of this clause (9), if, in connection with an acquisition by means of a merger, amalgamation or consolidation with or into any Borrower or any Restricted
Subsidiary, a Person other than a Borrower or Restricted Subsidiary is the successor company with respect thereto, any Subsidiary of such Person shall be deemed to become a Subsidiary of such Borrower or such Restricted Subsidiary, as applicable,
and any property or assets of such Person or any such Subsidiary of such Person shall be deemed acquired by such Borrower or such Restricted Subsidiary, as the case may be, at the time of such merger, amalgamation or consolidation; 

(10) Liens securing Indebtedness or other obligations of a Borrower or a Subsidiary Guarantor owing to another Borrower or
another Subsidiary Guarantor permitted to be incurred in accordance with Section 7.01; 
 (11) Liens securing Swap
Contracts incurred in accordance with Section 7.01; 
 (12) Liens on specific items of inventory or other goods and
proceeds of any Person securing such Person’s obligations in respect of bankers’ acceptances or letters of credit entered into in the ordinary course of business issued or created for the account of such Person to facilitate the purchase,
shipment or storage of such inventory or other goods; 
 (13) leases, subleases, licenses, sublicenses, occupancy agreements
or assignments of or in respect of real or personal property; 

  
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 (14) Liens arising from, or from Uniform Commercial Code financing statement
filings regarding, operating leases or consignments entered into by the Borrowers and the Guarantors in the ordinary course of business; 

(15) Liens in favor of any Borrower or any Subsidiary Guarantor; 

(16) (i) Liens on accounts receivable and related assets specified in the definition of Receivables Financing incurred in
connection with a Qualified Receivables Financing and (ii) Liens securing Indebtedness or other obligations of any Receivables Subsidiary; 

(17) deposits made or other security provided in the ordinary course of business to secure liability to insurance carriers or
under self-insurance arrangements in respect of such obligations; 
 (18) Liens on the Equity Interests of Unrestricted
Subsidiaries; 
 (19) grants of intellectual property, software and other technology licenses; 

(20) judgment and attachment Liens not giving rise to an Event of Default pursuant to Section 8.01(f), (g) or (h) 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; 

(21) 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; 
 (22) Liens incurred to secure Cash Management Services and other “bank
products” (including those described in Section 7.01(j) and (w)); 
 (23) Liens to secure any refinancing,
refunding, extension, renewal or replacement (or successive refinancings, refundings, extensions, renewals or replacements) as a whole, or in part, of any Indebtedness secured by any Lien referred to in the foregoing clauses (7), (8) or (9), or
succeeding clauses (24) or (25) of this definition; provided, however, that (x) such new Lien shall be limited to all or part of the same property that secured (or, under the written arrangements under which the original Lien
arose, could secure) the original Lien (plus any replacements, additions, accessions and improvements on such property), (y) the Indebtedness secured by such Lien at such time is not increased to any amount greater than the sum of (A) the
outstanding principal amount or, if greater, committed amount of the Indebtedness described under clause (7), (8), (9), (24) or (25) of this definition at the time the original Lien became a Permitted Lien, and (B) an amount necessary to
pay any fees and expenses, including unpaid accrued interest and the aggregate amount of premiums (including tender premiums), and underwriting discounts, defeasance costs and fees and expenses in connection therewith, related to such refinancing,
refunding, extension, renewal or replacement and (z) any amounts incurred under this clause (23) as a refinancing indebtedness of clause (25) of this definition hereunder shall reduce the amount available under such clause (25); 

(24) Liens securing Pari Passu Indebtedness permitted to be Incurred pursuant to Section 7.01 if at the time of any
Incurrence of such Pari Passu Indebtedness and after giving pro forma effect thereto the First Lien Gross Leverage Ratio would not exceed 4.75 to 1.00; provided that such Pari Passu Indebtedness shall be secured by the
Collateral on a first lien “equal and ratable” basis with the Liens securing the Obligations or on a “junior” basis to the Liens securing the Obligations (in each case pursuant to intercreditor arrangements reasonably
satisfactory to the Administrative Agent); provided, further that solely for the purpose of calculating the First Lien Gross Leverage Ratio pursuant to this clause (24), any Indebtedness incurred pursuant to Sections 2.14 or 2.15, any Indebtedness
described under this clause (24) and any New Incremental Notes and any Refinancing Notes (in the case of Refinancing Notes, to the extent that such Refinancing Notes refinance Indebtedness incurred pursuant to Sections 2.14 or 2.15 or New
Incremental Notes) and, in each case, whether or not such Indebtedness is unsecured or is secured (it being understood that if any portion of such Indebtedness is reclassified pursuant to the third paragraph of Section 7.01 to any other exception to
Section 7.01, such portion of such Indebtedness shall no longer be deemed secured if unsecured at such time) by Liens that rank junior in priority to the Liens securing the Obligations, shall be deemed to constitute Consolidated Funded First
Lien Indebtedness. 

  
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 (25) other Liens securing obligations the principal amount of which does not
exceed the greater of (x) $150.0 million and (y) 9.0% of Consolidated Net Tangible Assets at any one time outstanding (after giving effect to clause (23) above as applicable); 

(26) Liens on the Equity Interests or assets of a joint venture to secure Indebtedness of such joint venture Incurred pursuant
to Section 7.01(u); 
 (27) Liens on equipment of any Borrower or any Guarantor granted in the ordinary course of
business to such Borrower’s or such Guarantor’s client at which such equipment is located; 
 (28) [reserved]; 

(29) Liens on property or assets used to defease or to satisfy and discharge Indebtedness; provided that such defeasance
or satisfaction and discharge is not prohibited by this Agreement and that such deposit shall be deemed for purposes of Section 7.05 (to the extent applicable) to be a prepayment of such Indebtedness; 

(30) 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 and exportation of goods in the ordinary course of business; 
 (31) Liens (i) of a
collection bank arising under Section 4-210 of the Uniform Commercial Code, or any comparable or successor provision, on items in the course of collection; (ii) attaching to pooling, commodity trading accounts or other commodity brokerage
accounts incurred in the ordinary course of business; and (iii) in favor of banking or other financial institutions or entities, or electronic payment service providers, arising as a matter of law encumbering deposits (including the right of set-off) and which are within the general parameters customary in the banking or finance industry; 

(32) Liens that are contractual rights of set-off (i) relating to the
establishment of depository relations with banks or other Persons not given in connection with the issuance of Indebtedness; (ii) relating to pooled deposit or sweep accounts of any Borrower or any Guarantor to permit satisfaction of overdraft
or similar obligations incurred in the ordinary course of business of the Borrowers and the Guarantors; or (iii) relating to purchase orders and other agreements entered into with customers of any Borrower or any Guarantor in the ordinary
course of business; 
 (33) any encumbrance or restriction (including put and call arrangements) with respect to capital
stock of any joint venture or similar arrangement pursuant to any joint venture or similar agreement; 
 (34) Liens on
insurance policies and the proceeds thereof securing the financing of the premiums with respect thereto; 
 (35) Liens on
vehicles or equipment of any Borrower or any Guarantor granted in the ordinary course of business; 
 (36) Liens on assets of
Non-Loan Parties securing Indebtedness incurred in accordance with Section 7.01(t); 

(37) Liens disclosed by the title insurance policies delivered on or subsequent to the Closing Date for any Mortgaged Property
and any replacement, extension or renewal of any such Liens (so long as the Indebtedness and other obligations secured by such replacement, extension or renewal Liens are permitted by this Agreement); provided that such replacement, extension or
renewal Liens do not cover any property other than the property that was subject to such Liens prior to such replacement, extension or renewal; 

  
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 (38) Liens arising solely by virtue of any statutory or common law provision
or customary business provision relating to banker’s liens, rights of set-off or similar rights; 
 (39) (a) Liens
solely on any cash earnest money deposits made by any Borrower or any Restricted Subsidiary in connection with any letter of intent or other agreement in respect of any Permitted Investment and (b) Liens on advances of cash or Cash Equivalents
in favor of the seller of any property to be acquired in a Permitted Investment to be applied against the purchase price for such Investment; 

(40) the prior rights of consignees and their lenders under consignment arrangements entered into in the ordinary course of
business; 
 (41) Liens on securities that are the subject of repurchase agreements constituting Cash Equivalents under
clause (4) of the definition thereof; 
 (42) Liens encumbering reasonable customary initial deposits and margin
deposits and similar Liens attaching to commodity trading accounts or other brokerage accounts incurred in the ordinary course of business and not for speculative purposes; 

(43) rights reserved or vested in any Person by the terms of any lease, license, franchise, grant or permit held by the Parent
Borrower or any of its Restricted Subsidiaries or by a statutory provision, to terminate any such lease, license, franchise, grant or permit, or to require annual or periodic payments as a condition to the continuance thereof; 

(44) restrictive covenants affecting the use to which real property may be put; provided that such covenants are
complied with; 
 (45) security given to a public utility or any municipality or governmental authority when required by such
utility or authority in connection with the operations of that Person in the ordinary course of business; 
 (46) zoning
by-laws and other land use restrictions, including, without limitation, site plan agreements, development agreements and contract zoning agreements; 

(47) Liens on property constituting Collateral securing obligations issued or incurred under (i) any Refinancing Notes and
the Refinancing Notes Indentures related thereto, and (ii) any New Incremental Notes and the New Incremental Notes Indentures related thereto and, in each case, any Permitted Refinancings thereof (or successive Permitted Refinancings thereof);
provided that such Liens are subject to customary intercreditor arrangements reasonably satisfactory to the Administrative Agent; and 

(48) Liens on cash proceeds (and the related escrow accounts) in connection with the issuance into (and pending the release
from) a customary escrow arrangement of the Senior Notes, any Refinancing Notes, any New Incremental Notes, any Ratio Debt and, in each case, any Permitted Refinancing thereof. 

For purposes of determining compliance with this definition, (x) a Lien need not be incurred solely by reference to one category of
Permitted Liens described in this definition but may be incurred under any combination of such categories (including in part under one such category and in part under any other such category), (y) in the event that a Lien (or any portion thereof)
meets the criteria of one or more of such categories of Permitted Liens, the Parent Borrower shall, in its sole discretion, classify or reclassify such Lien (or any portion thereof) in any manner that complies with this definition, and (z) in
the event that a portion of the Indebtedness secured by a Lien could be classified as secured in part pursuant to clause (6) or (24) above (giving effect to the incurrence of such portion of such Indebtedness), the Parent Borrower, in its sole
discretion, may classify such portion of such Indebtedness (and any Obligations in respect thereof) as having been secured pursuant to clause (6) or (24) above and thereafter the remainder of the Indebtedness as having been secured pursuant to
one or more of the other clauses of this definition. 

  
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 “Permitted Other Debt Conditions” means that such applicable Indebtedness
does not mature or have scheduled amortization payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligations (except (x) customary offers or obligations to repurchase, repay or redeem upon
a change of control, asset sale, casualty or condemnation event or initial public offering, (y) maturity payments and customary mandatory prepayments for a customary bridge financing which, subject to customary conditions, provides for
automatic conversion or exchange into Indebtedness that otherwise complies with the requirements of this definition or (z) “AHYDO” payments), in each case prior to the Latest Maturity Date at the time such Indebtedness is incurred. 

“Permitted Parent” means (a) any direct or indirect parent of the Parent Borrower so long as a Permitted Holder pursuant
to clause (a), (b), (c) or (d) of the definition thereof holds 50% or more of the Voting Stock of such direct or indirect parent of the Borrower, (b) Holdings, so long as it is a Permitted Holder pursuant to clause (a), (b), (c) or
(d) of the definition thereof and (c) any Public Company (or Wholly Owned Subsidiary of such Public Company) to the extent and until such time as any Person or group (other than a Permitted Holder under clause (a), (b), (c) or
(d) thereof) is deemed to be or become a beneficial owner of Voting Stock of such Public Company representing more than 50% of the total voting power of the Voting Stock of such Permitted Parent. 

“Permitted Refinancing” means, with respect to any Person, any modification, refinancing, refunding, renewal, replacement,
exchange or extension of any Indebtedness of such Person; provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so
modified, refinanced, refunded, renewed, replaced, exchanged or extended except by an amount equal to accrued and unpaid interest and a reasonable premium thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred
(including original issue discount and upfront fees), in connection with such modification, refinancing, refunding, renewal, replacement, exchange or extension and by an amount equal to any existing commitments unutilized thereunder; (b) other
than with respect to Indebtedness under Section 7.01(d), such modification, refinancing, refunding, renewal, replacement, exchange or extension has a final maturity date equal to or later than the final maturity date of, and has a Weighted
Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being modified, refinanced, refunded, renewed, replaced, exchanged or extended; (c) if the Indebtedness being modified, refinanced,
refunded, renewed, replaced, exchanged or extended is subordinated in right of payment to the Obligations, such modification, refinancing, refunding, renewal, replacement, exchange or extension is subordinated in right of payment to the Obligations
on terms, taken as a whole, as favorable in all material respects to the Lenders (including, if applicable, as to Collateral) as those contained in the documentation governing the Indebtedness being modified, refinanced, refunded, renewed, replaced,
exchanged or extended or otherwise acceptable to the Administrative Agent; (d) if the Indebtedness being modified, refinanced, refunded, renewed, replaced, exchanged or extended is (i) unsecured, such modification, refinancing, refunding,
renewal, replacement, exchange or extension is unsecured, or (ii) if secured by Liens on the Collateral, such modification, refinancing, refunding, replacement, renewal or extension is secured to the same extent, including with respect to any
subordination provisions, and subject to intercreditor arrangements reasonably satisfactory to the Administrative Agent; (e) the terms and conditions (including, if applicable, as to collateral) of any such modified, refinanced, refunded,
renewed, replaced, exchanged or extended (other than to the extent permitted by any other clause of this definition or with respect to interest rate, optional prepayment premiums and options redemption provisions) Indebtedness are, (A) either
(i) substantially identical to or less favorable to the investors providing such Permitted Refinancing, taken as a whole, than the terms and conditions of the Indebtedness being modified, refinanced, refunded, renewed, replaced, exchanged or
extended, (B) when taken as a whole (other than interest rate, prepayment premiums and redemption premiums), not more restrictive to the Parent Borrower and the Restricted Subsidiaries than those set forth in this Agreement or are customary for
similar indebtedness in light of current market conditions (provided that a certificate of a Responsible Officer of the Parent Borrower delivered to the Administrative Agent in good faith at least five Business Days prior to the incurrence of
such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Parent Borrower has determined in good faith that such
terms and conditions satisfy the requirement set out in this clause (e), shall be conclusive evidence that such terms and conditions satisfy such requirement unless the Administrative Agent provides notice to the Parent Borrower of its objection
during such five Business Day period (including a reasonable description of the basis upon which it 

  
 51 

 
objects)), in each case, except for terms and conditions only applicable to periods after the Latest Maturity Date; (f) such modification, refinancing, refunding, renewal, replacement,
exchange or extension is incurred by the Person who is or would have been permitted to be the obligor or guarantor (or any successor thereto) on the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended (it being
understood that the roles of such obligors as a borrower or a guarantor with respect to such obligations may be interchanged); and (g) at the time thereof, other than with respect to Indebtedness under Section 7.01(d) and
Section 7.01(j), no Event of Default shall have occurred and be continuing. 
 “Person” means any natural person,
corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority, unincorporated organization or other entity. 

“Plan” means any “employee benefit plan” (other than a Multiemployer Plan) within the meaning of Section 3(3)
of ERISA that is maintained or is contributed to by a Loan Party or any ERISA Affiliate and is subject to Title IV of ERISA or the minimum funding standards under Section 412 of the Code or Section 302 of ERISA. 

“Platform” has the meaning specified in Section 6.02. 

“Pledged Debt” means “Pledged Debt” (or similar term) as defined in the Security Agreement and each other
applicable Collateral Document. 
 “Pledged Interests” means “Pledged Interests” (or similar term) as defined in
the Security Agreement and each other applicable Collateral Document. 
 “Preferred Stock” means any Equity Interest with
preferential right of payment of dividends or upon liquidation, dissolution or winding up. 
 “Prepayment Amount” has the
meaning specified in Section 2.05(c). 
 “Prepayment-Based Incremental Facility” has the meaning specified in
Section 2.14(a). 
 “Prepayment Date” has the meaning specified in Section 2.05(c). 

“Prime Lending Rate” means, for any day, the “U.S. Prime Lending Rate” as quoted by Credit Suisse for such day;
each change in the Prime Lending Rate shall be effective on the date that such change is effective. The prime rate is not necessarily the lowest rate charged by any financial institution to its customers. 

“Pro Forma Basis,” “Pro Forma Compliance” and “Pro Forma Effect” mean, with respect to the
calculation of any test, financial ratio, basket or covenant under this Agreement, including the First Lien Net Leverage Ratio, the Total Net Leverage Ratio and the Fixed Charge Coverage Ratio and the calculation of Consolidated Net Tangible Assets,
of any Person and its Restricted Subsidiaries, as of any date, that pro forma effect will be given to any acquisition, merger, amalgamation, consolidation, Investment, any issuance, Incurrence, assumption or repayment or redemption of Indebtedness
(including Indebtedness issued, Incurred or assumed or repaid or redeemed as a result of, or to finance, any relevant transaction and for which any such test, financial ratio, basket or covenant is being calculated, including, without limitation,
the Refinancing Transactions), any issuance or redemption of Preferred Stock or Disqualified Stock, all sales, transfers and other dispositions or discontinuance of any Subsidiary, line of business, division, segment or operating unit, any
operational change (including the entry into any material contract or arrangement) or any designation of a Restricted Subsidiary to an Unrestricted Subsidiary or of an Unrestricted Subsidiary to a Restricted Subsidiary, in each case that have
occurred during the four consecutive fiscal quarter period of such Person being used to calculate such test, financial ratio, basket or covenant (the “Reference Period”), or subsequent to the end of the Reference Period but prior to
such date or prior to or substantially simultaneously with the event for which a determination under this definition is made (including any such event occurring at a Person who became a Restricted Subsidiary of the subject Person or was merged,
amalgamated or consolidated with or into the subject Person or any other Restricted Subsidiary of the subject Person after the commencement of the Reference Period), as if each such event occurred on the first day of the Reference Period;
provided that (x) pro forma effect will be given to factually supportable and quantifiable pro forma cost 

  
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savings or expense reductions related to operational efficiencies (including the entry into any material contract or arrangement), strategic initiatives or purchasing improvements and other cost
savings, improvements or synergies, in each case, that have been realized, or are reasonably expected to be realized, by such Person and its Restricted Subsidiaries based upon actions to be taken within 24 months after the consummation of the action
as if such cost savings, expense reductions, improvements and synergies occurred on the first day of the Reference Period and (y) no amount shall be added back pursuant to this definition to the extent duplicative of amounts that are otherwise
included in computing Consolidated EBITDA for such Reference Period. 
 For purposes of making any computation referred to above: 

(1) if any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such
Indebtedness shall be calculated as if the rate in effect on the date for which a determination under this definition is made had been the applicable rate for the entire period (taking into account any Swap Contracts applicable to such Indebtedness
if such Swap Contracts has a remaining term in excess of 12 months); 
 (2) interest on a Capitalized Lease Obligation shall
be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of the Company to be the rate of interest implicit in such
Capitalized Lease Obligation in accordance with GAAP; 
 (3) interest on Indebtedness that may optionally be determined at an
interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the
Parent Borrower may designate; 
 (4) interest on any Indebtedness under a revolving credit facility or a Qualified
Receivables Financing computed on a pro forma basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period; and 

(5) to the extent not already covered above, any such calculation may include adjustments calculated in accordance with
Regulation S-X under the Securities Act. 
 Any pro forma calculation may include, without limitation, (1) adjustments calculated in
accordance with Regulation S-X under the Securities Act, (2) adjustments calculated to give effect to any Pro Forma Cost Savings and (3) all adjustments included on Schedule 1.01(a) attached hereto,
to the extent such adjustments, without duplication, continue to be applicable to the Reference Period; provided that any such adjustments that consist of reductions in costs and other operating improvements or synergies shall be calculated
in accordance with, and satisfy the requirements specified in, the definition of “Pro Forma Cost Savings.” 
 “Pro Forma
Cost Savings” means, without duplication of any amounts referenced in the definition of “Pro Forma Basis,” an amount equal to the amount of cost savings, operating expense reductions, operating improvements (including the entry
into any material contract or arrangement) and acquisition synergies, in each case, projected in good faith to be realized (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of
actions taken or to be taken by the Borrowers (or any successor thereto) or any Restricted Subsidiary, net of the amount of actual benefits realized or expected to be realized during such period that are otherwise included in the calculation of
Consolidated EBITDA from such actions; provided that such cost savings, operating expense reductions, operating improvements and synergies are factually supportable and reasonably identifiable (as determined in good faith by a responsible
financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of the Parent Borrower (or any successor thereto) and are reasonably anticipated to be realized within 24 months after the consummation of any
change that is expected to result in such cost savings, expense reductions, operating improvements or synergies; provided that no cost savings, operating expense reductions, operating improvements and synergies shall be added pursuant to this
definition to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income or Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period. 

  
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 “Pro Rata Share” means, with respect to each Lender and any Facility or all
the Facilities or any Tranche or all the Tranches (as the case may be) at any time, a fraction (expressed as a percentage, carried out to the ninth decimal place, and subject to adjustment as provided in Section 2.17), the numerator of which is
the amount of the Commitments of such Lender under the applicable Facility or the Facilities or Tranche or Tranches (and, in the case of any Term Loan Tranche after the applicable borrowing date and without duplication, the outstanding principal
amount of Term Loans under such Tranche, of such Lender, at such time) at such time and the denominator of which is the amount of the Aggregate Commitments under the applicable Facility or the Facilities or Tranche or Tranches at such time (and, in
the case of any Term Loan Tranche and without duplication, the outstanding principal amount of Term Loans under such Tranche, at such time); provided that if the commitment of each Lender to make Loans and the obligation of each L/C Issuer to
make L/C Credit Extensions have been terminated pursuant to Section 8.02, then the Pro Rata Share of each Lender shall be determined based on the Pro Rata Share of such Lender immediately prior to such termination and after giving effect to any
subsequent assignments made pursuant to the terms hereof. The initial Pro Rata Share of each Lender is set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender became a party
hereto, as applicable. 
 “Public Company” means any Person with a class or series of Voting Stock that is traded on a
stock exchange or in the over-the-counter market. 
 “Public Lender” has the
meaning specified in Section 6.02. 
 “Qualified Holding Company Indebtedness” means Indebtedness of Holdings
(A) that is not subject to any Guarantee by any Subsidiary of Holdings (other than a Subsidiary as contemplated under clause (i) of the proviso in Section 7.09 of this Agreement), (B) that has no scheduled amortization or scheduled
payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligation (it being understood that such Indebtedness may have mandatory prepayment, repurchase or redemption provisions satisfying the
requirements of clause (C) below), (C) that has mandatory prepayment, repurchase or redemption, covenant, default and remedy provisions customary for senior notes (or no more restrictive than is customary) of an issuer that is the parent of a
borrower under senior secured credit facilities, and in any event, with respect to covenant, default and remedy provisions, no more restrictive (taken as a whole) than those set forth in this Agreement (other than provisions customary for senior
notes of a holding company, including (x) customary assets sale, change of control provisions and customary acceleration rights after an event of default and (y) customary “AHYDO” payments) and (D) if such Indebtedness is
secured, it shall only be secured by assets of any Parent Holding Company (other than Holdings) and any Subsidiary of Holdings that is not prohibited from guaranteeing such Indebtedness as provided in clause (A) of this definition;
provided that the Holdings shall have delivered a certificate of a Responsible Officer to the Administrative Agent at least five Business Days (or such shorter period as may be agreed by the Administrative Agent) prior to the incurrence of
such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that Holdings has reasonably determined in good faith that such
terms and conditions satisfy the foregoing requirement (and such certificate shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies Holdings within such five Business
Day period that it disagrees with such determination (including a reasonably detailed description of the basis upon which it disagrees)); provided, further, that any such Indebtedness shall constitute Qualified Holding Company
Indebtedness only if immediately after giving effect to the issuance or incurrence thereof and the use of proceeds thereof, no Event of Default shall have occurred and be continuing. 

“Qualified IPO” means the issuance by Holdings or any Parent Holding Company of its common Capital Stock in an underwritten
primary public offering (other than a public offering pursuant to a registration statement on Form S-8) resulting in such Capital Stock being listed on a nationally-recognized stock exchange in the applicable
jurisdiction. 
 “Qualified Receivables Financing” means any Receivables Financing of a Receivables Subsidiary that meets
the following conditions: 
 (1) the Board of Directors of the Parent Borrower, Holdings or any Parent Holding Company shall
have determined in good faith that such Qualified Receivables Financing (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable to the Parent Borrower and its Restricted
Subsidiaries, 

  
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 (2) all sales of accounts receivable and related assets by any Borrower or
any Restricted Subsidiary to the Receivables Subsidiary are made at Fair Market Value (as determined in good faith by the Borrower), and 

(3) the financing terms, covenants, termination events and other provisions thereof shall be market terms (as determined in
good faith by the Parent Borrower) and may include Standard Securitization Undertakings. 
 The grant of a security interest in any accounts
receivable of any Borrower or any of its Restricted Subsidiaries (other than a Receivables Subsidiary) to secure any Credit Agreement shall not be deemed a Qualified Receivables Financing. 

“Ratio Debt” has the meaning specified in the first paragraph of Section 7.01. 

“Ratio-Based Incremental Facility” has the meaning specified in the Section 2.14(a). 

“Receivables Fees” means distributions or payments made directly or by means of discounts with respect to any participation
interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Financing. 

“Receivables Financing” means any transaction or series of transactions that may be entered into by the Parent Borrower or
any of its Subsidiaries pursuant to which the Parent Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Receivables Subsidiary (in the case of a transfer by the Parent Borrower or any of its Subsidiaries), and
(b) any other Person (in the case of a transfer by a Receivables Subsidiary), or may grant a security interest in, any accounts receivable (whether now existing or arising in the future) of the Parent Borrower or any of its Subsidiaries, and
any assets related thereto including, without limitation, all collateral securing such accounts receivable, all contracts and all guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other
assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving accounts receivable and any Swap Contracts entered into by the Parent Borrower
or any such Subsidiary in connection with such accounts receivable. 
 “Receivables Repurchase Obligation” means any
obligation of a seller of receivables in a Qualified Receivables Financing to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof
becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller. 

“Receivables Subsidiary” means a Wholly Owned Restricted Subsidiary of the Parent Borrower (or another Person formed for the
purposes of engaging in a Qualified Receivables Financing with the Parent Borrower in which the Parent Borrower or any Subsidiary of the Parent Borrower or a direct or indirect parent of the Parent Borrower makes an Investment and to which the
Parent Borrower or any Subsidiary of the Parent Borrower or a direct or indirect parent of the Parent Borrower transfers accounts receivable and related assets) which engages in no activities other than in connection with the financing of accounts
receivable of the Parent Borrower and its Subsidiaries or a direct or indirect parent of the Parent Borrower, all proceeds thereof and all rights (contractual or other), collateral and other assets relating thereto, and any business or activities
incidental or related to such business, and which is designated by the board of directors of the Parent Borrower or any Parent Holding Company (as provided below) as a Receivables Subsidiary and: 

(1) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (i) is guaranteed by the
Parent Borrower or any other Subsidiary of the Parent Borrower (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard 

  
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Securitization Undertakings), (ii) is recourse to or obligates the Parent Borrower or any other Subsidiary of the Parent Borrower in any way other than pursuant to Standard Securitization
Undertakings, or (iii) subjects any property or asset of the Parent Borrower or any other Subsidiary of the Parent Borrower, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard
Securitization Undertakings, 
 (2) with which neither the Parent Borrower nor any other Subsidiary of the Parent Borrower
has any material contract, agreement, arrangement or understanding other than on terms which the Parent Borrower reasonably believes to be no less favorable to the Parent Borrower or such Subsidiary than those that might be obtained at the time from
Persons that are not Affiliates of the Parent Borrower, and 
 (3) to which neither the Parent Borrower nor any other
Subsidiary of the Parent Borrower has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. 

Any such designation by the board of directors of the Parent Borrower or any Parent Holding Company shall be evidenced to the Administrative
Agent by filing with the Administrative Agent a certified copy of the resolution of the board of directors of the Parent Borrower or such Parent Holding Company giving effect to such designation and an officer’s certificate certifying that such
designation complied with the foregoing conditions. 
 “Recipient” means the Administrative Agent, any Lender, and any 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 or under any other Loan Document, as applicable. 

“Refinancing” has the meaning given to such term in the definition of the Transaction. 

“Refinancing Amendment” means an amendment to this Agreement, in form and substance reasonably satisfactory to the
Administrative Agent, among the Borrowers, the Administrative Agent and the Lenders providing Specified Refinancing Debt, effecting the incurrence of such Specified Refinancing Debt in accordance with Section 2.18. 

“Refinancing Indebtedness” has the meaning specified in Section 7.01. 

“Refinancing Notes” means one or more series of senior unsecured notes, or senior secured notes secured by the Collateral on
a first lien “equal and ratable” basis with the Liens securing the Obligations or senior secured notes secured by the Collateral on a “junior” basis to the Liens securing the Obligations, in each case issued in respect of a
refinancing of outstanding Indebtedness of the Borrowers under any one or more Term Loan Tranches; provided that, (a) if such Refinancing Notes shall be secured, then (i) such Refinancing Notes shall only be secured by a security
interest in the Collateral that secured the Term Loan Tranche being refinanced, and (ii) such Refinancing Notes shall be issued subject to customary intercreditor arrangements that are reasonably satisfactory to the Administrative Agent;
(b) no Refinancing Notes shall (i) mature prior to the Latest Maturity Date with respect to Term Loans then in effect immediately after giving effect to such refinancing or (ii) be subject to any amortization prior to the final
maturity thereof, or be subject to any mandatory redemption or prepayment provisions or rights (except (x) customary assets sale, casualty events or similar event, change of control provisions and customary acceleration rights after an event of
default and (y) customary “AHYDO” payments); (c) the covenants, events of default, guarantees, collateral and other terms of such Refinancing Notes are customary for similar debt securities in light of
then-prevailing market conditions at the time of issuance (it being understood that no Refinancing Notes shall include any financial maintenance covenants (including indirectly by way of a cross-default to this Agreement), but that customary cross-acceleration provisions may be included and that any negative covenants with respect to indebtedness, investments, liens or restricted payments shall be incurrence-based) and in any event are not more favorable to the investors providing such Refinancing Notes, taken as a whole, than the terms and conditions of the Indebtedness being refinanced by such Refinancing
Notes) (excluding pricing and optional prepayment or redemption terms), except for covenants or other provisions (x) applicable only to periods after the Latest Maturity Date then in effect immediately after giving effect to such refinancing or
(y) reasonably satisfactory to the Administrative Agent (provided that a certificate of a Responsible Officer of the Parent Borrower delivered to the Administrative Agent in good faith at least five Business Days (or such shorter period
as may be agreed by the 

  
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Administrative Agent) prior to the incurrence of such Refinancing Notes, together with a reasonably detailed description of the material terms and conditions of such Refinancing Notes or drafts
of the documentation relating thereto, stating that the Parent Borrower has determined in good faith that such terms and conditions satisfy the requirement set forth in this clause (c), shall be conclusive evidence that such terms and conditions
satisfy such requirement unless the Administrative Agent provides notice to the Parent Borrower of its objection during such five Business Day period (or shorter) (including a reasonable description of the basis upon which it objects)); (d) such
Refinancing Notes may not have obligors or Liens that are more extensive than those which applied to the Indebtedness being refinanced (it being understood that the roles of such obligors as a borrower or a guarantor with respect to such obligations
may be interchanged); and (e) the Net Cash Proceeds of such Refinancing Notes shall be applied, substantially concurrently with the incurrence thereof, to the pro rata prepayment of outstanding Term Loans under the applicable Term
Loan Tranche being so refinanced and the payment of fees, expenses and premiums, if any, payable in connection therewith. 

“Refinancing Notes Indentures” means, collectively, the indentures or other similar agreements pursuant to which any
Refinancing Notes are issued, together with all instruments and other agreements in connection therewith, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof, but only to the extent permitted under
the terms of the Loan Documents. 
 “Refinancing Transactions” means the issuance of the Senior Notes on or about the
Closing Date and the entry into this Agreement on or about the Closing Date, and the use of proceeds therefrom, together with cash on hand (including the payment of one or more cash dividends or distributions to Holdings’ stockholders and one
or more distributions to optionholders), and, in each case, the payment of fees and expenses related thereto, including any transaction fees paid to Sponsors in connection therewith. 

“Register” has the meaning specified in Section 10.07(c). 

“Regulation S-X” means Regulation S-X under the Securities Act. 

“Related Business Assets” means assets (other than cash or Cash Equivalents) used or useful in a Similar Business;
provided that any assets received by a Borrower or a Restricted Subsidiary in exchange for assets transferred by a Borrower or a Restricted Subsidiary will not be deemed to be Related Business Assets if they consist of securities of a Person,
unless such Person is, or upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary. 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, members, directors,
managers, officers, employees, agents, attorneys-in-fact, trustees and advisors of such Person and of such Person’s Affiliates. 

“Relevant Transaction” has the meaning specified in Section 2.05(b)(ii). 

“Replaceable Lender” has the meaning specified in Section 3.08(a). 

“Replacement Assets” means (1) substantially all the assets of a Person primarily engaged in a Similar Business or
(1) a majority of the Voting Stock of any Person primarily engaged in a Similar Business that will become, on the date of acquisition thereof, a Restricted Subsidiary. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30-day notice period has been waived. 
 “Repricing Event” means (i) any prepayment
or repayment of the Initial Term Loans, in whole or in part, with the proceeds of, or conversion of any portion of the Initial Term Loans into, any new or replacement tranche of term loans bearing interest with an All-in Yield less than the All-in
Yield applicable to such portion of the Initial Term Loans (as such comparative yields are determined in the reasonable judgment of the Administrative Agent consistent with generally accepted financial practices) and (ii) any amendment to the
Facility with respect to the Initial Term Loans which reduces the All-in Yield applicable to the Initial Term Loans; provided that a Repricing Event shall not include any event described above that is
not consummated for the primary purpose of lowering the effective interest cost or weighted average yield applicable to the Term Facility, including, without limitation, in the context of a transaction involving an initial public offering, a Change
of Control or a Transformative Event. 

  
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 “Request for Credit Extension” means (a) with respect to a Borrowing,
conversion or continuation of Loans, a Committed Loan Notice, and (b) with respect to an L/C Credit Extension, a Letter of Credit Application. 

“Required Lenders” means, as of any date of determination, Lenders having more than 50% of the sum of the (a) Total
Outstandings (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations being deemed “held” by such Lender for purposes of this definition), (b) aggregate unused Term Commitments and
(c) aggregate unused Revolving Credit Commitments; provided that the unused Term Commitments of, unused Revolving Credit Commitment of, and the portion of the Total Outstandings held or deemed held by (x) any Defaulting Lender shall
be excluded for purposes of making a determination of Required Lenders and (y) any Affiliate Lenders (other than Debt Fund Affiliates) shall be deemed to have voted in the same proportion as Lenders that are not Affiliate Lenders vote on such
matter. 
 “Required Revolving Lenders” means, as of any date of determination, Revolving Credit Lenders holding more than
50% of the sum of (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations being deemed “held” by such Revolving Credit
Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by,
any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders. 
 “Responsible
Officer” means the chief executive officer, representative, director, manager, president, vice president, executive vice president, chief financial officer, treasurer or assistant treasurer, secretary or assistant secretary, an authorized
signatory, an attorney-in-fact (to the extent empowered by the board of directors/managers of Holdings or the Borrowers), or other similar officer of a Loan Party, or a
director or secretary of UK Holdco (or of its general partner, managing member or sole member, if applicable). 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. 

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

“Restricted Payment” has the meaning specified in Section 7.05. 

“Restricted Subsidiary” means any Subsidiary of the Parent Borrower that is not an Unrestricted Subsidiary. 

“Retired Capital Stock” has the meaning specified in Section 7.05. 

“Revolving Commitment Increase Lender” has the meaning specified in Section 2.14(e). 

“Revolving Credit Borrowing” means a borrowing under the Revolving Credit Facility consisting of simultaneous Revolving
Credit Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b). 

“Revolving Credit Commitments” means, as to any Revolving Credit Lender, its obligation to (a) make Revolving Credit
Loans to the Borrowers pursuant to Section 2.01(b), and (b) purchase participations in L/C Obligations, in an aggregate principal amount not to exceed the amount set forth under the heading “Revolving Credit Commitment” opposite
such Lender’s name on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as applicable, as the same may be adjusted from time to time in accordance with this Agreement. The aggregate
Revolving Credit Commitments shall be $300,000,000 on the Closing Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement. “Revolving Credit Commitment Increase” has the meaning
specified in Section 2.14(a). 

  
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 “Revolving Credit Facility” means, at any time, the aggregate amount of the
Revolving Credit Lenders’ Revolving Credit Commitments at such time. 
 “Revolving Credit Lender” means, at any time,
any Lender that has a Revolving Credit Commitment at such time (and after the termination of all Revolving Credit Commitments, any Lender that holds any Outstanding Amount in respect of Revolving Credit Loans and/or L/C Obligations). 

“Revolving Credit Loan” has the meaning specified in 2.01(b). 

“Revolving Credit Note” means a promissory note of the Borrowers payable to any Revolving Credit Lender or its registered
assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate indebtedness of the Borrowers to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving
Credit Lender. 
 “Revolving Tranche” means (a) the Revolving Credit Facility and (b) any Specified Refinancing
Debt constituting revolving credit facility commitments, in each case, including the extensions of credit made thereunder. Additional Revolving Tranches may be added after the Closing Date as provided in Section 2.14, i.e., New Revolving
Commitments. 
 “Sale/Leaseback Transaction” means an arrangement relating to property now owned or hereafter acquired by
the Borrowers or a Restricted Subsidiary whereby a Borrower or a Restricted Subsidiary transfers such property to a Person and such Borrower or such Restricted Subsidiary leases it from such Person, other than leases between a Borrower and a
Restricted Subsidiary or between Restricted Subsidiaries. 
 “Same Day Funds” means disbursements and payments in
immediately available funds. 
 “Sanctions Laws and Regulations” means (i) any sanctions or requirements imposed by,
or based upon the obligations or authorities set forth in, the PATRIOT Act, the Executive Order No. 13224 of September 23, 2001, entitled Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support
Terrorism (66 Fed. Reg. 49079 (2001)), the U.S. International Emergency Economic Powers Act (50 U.S.C. §§ 1701 et seq.), the U.S. Trading with the Enemy Act (50 U.S.C. App. §§ 1 et seq.), the U.S.
Syria Accountability and Lebanese Sovereignty Act, the U.S. Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 or the Iran Sanctions Act, Section 1245 of the National Defense Authorization Act of 2012, all as amended, or
any of the foreign assets control regulations (including but not limited to 31 C.F.R., Subtitle B, Chapter V, as amended) or any other law or executive order relating thereto administered by the U.S. Department of the Treasury Office of Foreign
Assets Control, and any similar law, regulation, or executive order enacted in the United States after the date of this Agreement and (ii) any sanctions or requirements imposed under similar laws or regulations enacted by the European Union or
the United Kingdom or administered, enacted or enforced by the respective governmental institutions or agencies of any of the foregoing, including, without limitation, Her Majesty’s Treasury in the United Kingdom, that apply to the Borrowers or
the Restricted Subsidiaries (as any of the foregoing laws may from time to time be amended, renewed, extended or replaced). 

“S&P” means Standard & Poor’s Financial Services LLC, a wholly owned subsidiary of McGraw Hill Financial
Inc., and any successor thereto. 
 “Screen Rate” means in respect of the Eurocurrency Rate for any Interest Period, a rate
per annum equal to the London interbank offered rate as administered by the ICE Benchmark Administration (or any other Person that takes over the administration of such rate) for deposits in the applicable currency (for delivery on the first day of
such Interest Period) with a term equivalent to such Interest Period as displayed on the Reuters screen page that displays such rate (currently page LIBOR01) (or, in the event such rate does not appear on a page of the Reuters screen, on the
appropriate page of such other information service that publishes such rate as shall be selected by the Administrative Agent from time to time in its reasonable discretion). If, as to any currency, no Screen Rate shall be

  
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available for a particular Interest Period but Screen Rates shall be available for maturities both longer and shorter than such Interest Period, then the Screen Rate for such Interest Period
shall be the Interpolated Rate. Notwithstanding the foregoing, if the Screen Rate, determined as provided above, would otherwise be less than zero, then the Screen Rate shall be deemed to be zero for all purposes. 

“SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal
functions. 
 “Secured Cash Management Agreement” means any Cash Management Agreement that is entered into by and between
any Loan Party and any Cash Management Bank, except for any such Cash Management Agreement designated by the Borrowers in writing to the Administrative Agent as an “unsecured cash management agreement” as of the Closing Date or, if later,
on or about the time of entering into such Cash Management Agreement. 
 “Secured Hedge Agreement” means any Existing Swap
Contract and any Swap Contract permitted under Article VII that is entered into by and between any Loan Party and any Hedge Bank, except for any such Swap Contract designated by the Borrowers and the applicable Hedge Bank in writing to the
Administrative Agent as an “unsecured hedge agreement” as of the Closing Date or, if later, as of the time of entering into such Swap Contract. 

“Secured Obligations” has the meaning specified in the Security Agreement. 

“Secured Parties” means, collectively, the Administrative Agent, the Collateral Agent, the Lenders (including, for the
avoidance of doubt, the L/C Issuers), the Hedge Banks to the extent they are party to one or more Secured Hedge Agreements, the Cash Management Banks to the extent they are party to one or more Secured Cash Management Agreements and each co-agent or subagent appointed by the Administrative Agent or the Collateral Agent from time to time pursuant to Article IX. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations of the SEC promulgated
thereunder. 
 “Security Agreement” means, collectively, the Security Agreement dated as of the date hereof executed by the
Loan Parties party thereto, substantially in the form of Exhibit G, together with each other security agreement and security agreement supplement executed and delivered pursuant to Section 6.12, 6.14 or 6.16. 

“Security Agreement Supplement” has the meaning specified in the Security Agreement. 

“Senior Notes” means the unsecured senior notes of the Borrowers due 2023 in an aggregate principal amount of $1,125,000,000
issued on or prior to the Closing Date pursuant to the Senior Notes Indenture. 
 “Senior Notes Indenture” means the
Indenture dated as of August 18, 2015, relating to the Senior Notes, among Wilmington Trust, National Association, as trustee, the Borrowers and the Guarantors party thereto, together with all instruments and other agreements in connection
therewith, as amended, supplemented or otherwise modified from time to time in accordance with the terms thereof, to the extent not prohibited under the Loan Documents. 

“Similar Business” means any business engaged or proposed to be engaged in by Holdings and its Subsidiaries on the Closing
Date and any business or other activities that are similar, ancillary, complementary, incidental or related thereto. 

“Solvent” means, with respect to any Person on any date of determination, that on such date (a) the fair value of the
assets of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is greater than or equal to the total amount that will be
required to pay the probable liabilities, including contingent liabilities, of the Loan Parties as they become absolute and matured, (c) the capital of such Person is not unreasonably small in relation to its business as contemplated on such
date of determination, (d) such Person has not and does not intend to, and does not believe that it will, incur debts or other obligations, including current obligations, beyond its ability to pay such debts and liabilities as they become due
(whether at maturity or otherwise) and (e) such Person is “solvent” within the 

  
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meaning given to that term and similar terms under Laws applicable to such Person relating to fraudulent transfers and conveyances, transactions at an undervalue, unfair preferences or equivalent
concepts. 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 or, if a different methodology is prescribed by applicable Laws, as prescribed by such Laws. 
 “SPC” has
the meaning specified in Section 10.07(g). 
 “Special Dividend” has the meaning given to such term in the definition
of the “Transaction.” 
 “Specified Refinancing Agent” has the meaning specified in Section 2.18(a). 

“Specified Refinancing Debt” has the meaning specified in Section 2.18(a). 

“Specified Refinancing Revolving Credit Commitment” has the meaning specified in Section 2.18(a). 

“Specified Refinancing Revolving Loans” means Specified Refinancing Debt constituting revolving loans. 

“Specified Refinancing Term Commitment” has the meaning specified in Section 2.18(a). 

“Specified Refinancing Term Loans” means Specified Refinancing Debt constituting term loans. 

“Specified Transaction” means any incurrence or repayment of Indebtedness (excluding Indebtedness incurred for working
capital purposes other than pursuant to this Agreement) or Investment that results in a Person becoming a Subsidiary, any designation of a Subsidiary as a Restricted Subsidiary or as an Unrestricted Subsidiary, any acquisition or any Disposition
that results in a Restricted Subsidiary ceasing to be a Subsidiary of the Parent Borrower, any Investment constituting an acquisition of assets constituting a business unit, line of business or division of another Person or any Disposition of a
business unit, line of business or division of the Parent Borrower or any of the Restricted Subsidiaries, in each case whether by merger, consolidation, amalgamation or otherwise or any material restructuring of the Parent Borrower or implementation
of any initiative not in the ordinary course of business. 
 “Sponsors” means Carlyle Partners V, L.P., Hellman &
Friedman LLC or any of their respective Control Investment Affiliates and, in each case (whether individually or as a group), Affiliates of the foregoing (but excluding any operating portfolio companies of the foregoing). 

“Standard Securitization Undertakings” means representations, warranties, covenants, indemnities and guarantees of
performance entered into by the Parent Borrower or any Subsidiary of the Parent Borrower which the Parent Borrower has determined in good faith to be customary in a Receivables Financing including, without limitation, those relating to the servicing
of the assets of a Receivables Subsidiary, it being understood that any Receivables Repurchase Obligation shall be deemed to be a Standard Securitization Undertaking. 

“Stated Maturity” means with respect to any security, the date specified in such security as the fixed date on which the
final payment of principal of such security is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for the repurchase of such security at the option of the holder thereof upon the
happening of any contingency unless such contingency has occurred). 
 “Statutory Reserve Rate” means a fraction (expressed
as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a
decimal established by the FRB to which the Administrative Agent is subject with respect to the Adjusted Eurocurrency Rate, for Eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the FRB). Such
reserve percentages shall include those imposed pursuant to such Regulation D. Eurocurrency Rate Loans shall be deemed to constitute Eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration,
exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve
percentage. 

  
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 “Subject Lien” has the meaning specified in Section 7.02. 

“Subordinated Indebtedness” means (a) with respect to any Borrower, any Indebtedness of such Borrower which is by its
terms expressly subordinated in right of payment to the Obligations, and (b) with respect to any Guarantor, any Indebtedness of such Guarantor which is by its terms expressly subordinated in right of payment to its Guarantee of the Obligations.

 “Subsidiary” means, with respect to any Person (1) any corporation, association or other business entity (other
than a partnership, joint venture, limited liability company or similar entity) of which more than 50% of the total voting power of the Voting Stock is at the time of determination owned or controlled, directly or indirectly, by such Person or one
or more of the other Subsidiaries of that Person or a combination thereof, (2) any partnership, joint venture, limited liability company or similar entity of which (x) 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 (y) such Person or any Restricted Subsidiary of such Person is a controlling general partner or otherwise controls such entity and (3) any Person that
is consolidated in the consolidated financial statements of the specified Person in accordance with GAAP. 
 “Subsidiary
Borrower” has the meaning specified in the Preliminary Statements of this Agreement. 
 “Subsidiary Guarantor”
means, collectively, the Restricted Subsidiaries of the Parent Borrower that are Guarantors. 
 “Subsidiary Guaranty”
means, collectively, the Subsidiary Guaranty made by the Subsidiary Guarantors in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F-2, together with
each other guaranty and guaranty supplement delivered pursuant to Section 6.12 or 6.16. 
 “Supplemental Agent” has
the meaning specified in Section 9.14(a). 
 “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 other master agreement, including any obligations or liabilities under any such master agreement. 

“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). 

  
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 “Synthetic Lease Obligation” means the monetary obligation of a Person
under a so-called synthetic, off-balance sheet or tax retention lease. 
 “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 Borrowing” means a borrowing of the same Type of Term Loan of a single Tranche from all the
Lenders having Term Commitments or Term Loans of the respective Tranche on a given date (or resulting from a conversion or conversions on such date) having in the case of Eurocurrency Rate Loans, the same Interest Period. 

“Term Commitment” means, as to each Term Lender, (i) its Initial Term Commitment, (ii) its Term Commitment
Increase, (iii) its New Term Commitment or (iv) its Specified Refinancing Term Commitment. The amount of each Lender’s Initial Term Commitment is as set forth in the definition thereof and the amount of each Lender’s other Term
Commitments shall be as set forth in the Assignment and Assumption, or in the amendment or agreement relating to the respective Term Commitment Increase, New Term Commitment or Specified Refinancing Term Commitment pursuant to which such Lender
shall have assumed its Term Commitment, as the case may be, as such amounts may be adjusted from time to time in accordance with this Agreement. 

“Term Commitment Increase” has the meaning specified in Section 2.14(a). 

“Term Facility” means a facility in respect of any Term Loan Tranche, as the context may require. 

“Term Lender” means (a) at any time on or prior to the Closing Date, any Lender that has an Initial Term Commitment at
such time and (b) at any time after the Closing Date, any Lender that holds Term Loans and/or Term Commitments at such time. 

“Term Loan” means an advance made by any Term Lender under any Term Facility. 

“Term Loan Tranche” means the respective facility and commitments utilized in making Term Loans hereunder, with there being
one Tranche on the Closing Date, i.e. Initial Term Loans and Initial Term Commitments. Additional Term Loan Tranches may be added after the Closing Date, i.e., New Term Loans, Specified Refinancing Term Loans, New Term Commitments and
Specified Refinancing Term Commitments. 
 “Term Note” means a promissory note of the Borrowers payable to the order of any
Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the indebtedness of the Borrowers to such Term Lender resulting from the Term Loans under the same Term Loan
Tranche made or held by such Term Lender. 
 “Threshold Amount” means $75.0 million. 

“Total Net Leverage Ratio” means, on any date of determination, with respect to the Borrower Parties on a consolidated basis,
the ratio of (a) Consolidated Funded Indebtedness (less the unrestricted cash and Cash Equivalents of the Borrower Parties as of such date) of the Borrower Parties on such date to (b) Consolidated EBITDA of the Borrower Parties for the
four fiscal quarter period most recently then ended for which financial statements have been delivered pursuant to Section 6.01(a) or (b), as applicable. 

“Total Outstandings” means the aggregate Outstanding Amount of all Loans and all L/C Obligations. 

“Total Revolving Credit Outstandings” means the aggregate Outstanding Amount of all Revolving Credit Loans and L/C
Obligations. 

  
 63 

 “Tranche” means any Term Loan Tranche or any Revolving Tranche. 

“Transaction” means: 

(a) the Borrowers obtaining the Facilities; 

(b) the Borrowers issuing and selling the Senior Notes in a Rule 144A private placement under the Securities Act on or prior to
the Closing Date, yielding $1,125,000,000 in aggregate gross proceeds; 
 (c) (x) the repayment of all Indebtedness, and
the termination of any financing commitments, under the Existing Credit Agreement, and (y) the satisfaction and discharge of the outstanding principal amount of all obligations, all accrued and unpaid interest, premiums, fees and other amounts
owing under (I) the Indenture, dated as of December 5, 2011, as supplemented from time to time, among the Borrowers, Wilmington Trust, National Association, as trustee, and the other parties thereto, governing the Borrowers’ 9.50% Senior
Notes due 2019, and (II) the Indenture, dated as of October 15, 2012, as supplemented from time to time, among Holdings, Wilmington Trust, National Association, as trustee, and the other parties thereto, governing Holdings’ 9.375%/10.125%
Senior PIK Toggle Notes due 2017; and the payment of a dividend to Holdings to enable the transactions described in clause (y)(II) above (collectively, the “Refinancing”); 

(d) the payment of (and/or entering into a contract for the payment of) one or more special dividends to Holdings (and further
special dividend or dividends to the equity holders of Holdings) on or prior to the date that is 45 days after the Closing Date, in an aggregate amount not in excess of $500,000,000 (the “Special Dividend”); and 

(e) the payment of all fees, costs and expenses incurred in connection with the transactions described in the foregoing
provisions of this definition (the “Transaction Costs”). 
 “Transaction Costs” has the meaning given to
such term in the definition of the “Transaction.” 
 “Transformative Event” means any merger, acquisition,
investment, dissolution, liquidation, consolidation or disposition that is either (a) not permitted by the terms of the Loan Documents immediately prior to the consummation of such transaction or (b) if permitted by the terms of the Loan
Documents immediately prior to the consummation of such transaction, would not provide Holdings and its Restricted Subsidiaries with adequate flexibility under the Loan Documents for the continuation and/or expansion of their combined operations
following such consummation, as reasonably determined by the Borrowers acting in good faith. 
 “Type” means, with respect
to a Loan, its character as a Base Rate Loan or a Eurocurrency Rate Loan. 
 “UK Holdco” means Wildcat Acquisition Holdings
(UK) Limited, a limited liability company incorporated under the laws of England and Wales with company number 07832973 and a Wholly Owned Subsidiary of the Parent Borrower. 

“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 Person is subject to home jurisdiction supervision
if applicable law requires that such appointment is not to be publicly disclosed. 
 “Unfunded Advances/Participations”
means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made available to the Administrative Agent such Lender’s share of the
applicable Borrowing available to the Administrative Agent as contemplated by Section 2.12(b) and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made
available to the Administrative Agent by any such Lender, and (b) with respect to any L/C Issuer, the aggregate amount, if any, of amounts drawn under Letters of Credit in respect of which a Revolving Credit Lender shall have failed to make
Revolving Credit Loans or L/C Advances to reimburse such L/C Issuer pursuant to Section 2.03(c). 

  
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 “Unfunded Pension Liability” means the excess of a Plan’s benefit
liabilities under Section 4001(a) of ERISA over the current value of such Plan’s assets, determined in accordance with assumptions used for funding the Plan pursuant to Section 412 of the Code for the applicable plan year. 

“Uniform Commercial Code” or “UCC” means the Uniform Commercial Code as the same may from time to time be in
effect in the State of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required to apply to any item or items of Collateral. 

“United States” and “U.S.” mean the United States of America. 

“Unpaid Amount” has the meaning specified in Section 7.05. 

“Unreimbursed Amount” has the meaning specified in Section 2.03(d)(i). 

“Unrestricted Subsidiary” means: 

(1) any Subsidiary of the Subsidiary Borrower that at the time of determination shall be designated an Unrestricted Subsidiary
by the board of directors of the Parent Borrower, Holdings or any Parent Holding Company in the manner provided below; and 

(2) any Subsidiary of an Unrestricted Subsidiary. 

The board of directors of the Parent Borrower, Holdings or any Parent Holding Company may designate any Subsidiary of the Subsidiary Borrower
(including any existing Subsidiary and any newly acquired or newly formed Subsidiary of the Subsidiary Borrower) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Capital Stock or Indebtedness of, or owns or
holds any Lien on any property of, the Parent Borrower or any other Subsidiary of the Parent Borrower that is not a Subsidiary of the Subsidiary to be so designated; provided, however, that the Subsidiary to be so designated and its
Subsidiaries do not at the time of designation have any Indebtedness pursuant to which the lender has recourse to any of the assets of the Parent Borrower or any of its Restricted Subsidiaries; provided, further, however, that
either: 
 (a) the Subsidiary to be so designated has total consolidated assets of $1,000 or less; or 

(b) if such Subsidiary has consolidated assets greater than $1,000, then such designation would be permitted under
Section 7.05. 
 The board of directors of the Parent Borrower, Holdings or any Parent Holding Company may designate any Unrestricted
Subsidiary to be a Restricted Subsidiary; provided, however, that immediately after giving effect to such designation: 

(1) the Parent Borrower could incur $1.00 of additional Indebtedness as Ratio Debt, or 

(2) the Fixed Charge Coverage Ratio for the Parent Borrower and its Restricted Subsidiaries would be equal to or greater than
such ratio for the Parent Borrower and its Restricted Subsidiaries immediately prior to such designation, 
 in each case on a Pro Forma Basis taking into
account such designation, and (y) no Event of Default shall have occurred and be continuing. Any Indebtedness of such Subsidiary and any Liens encumbering its assets at the time of such designation shall be deemed newly incurred or established,
as applicable, at such time. 

  
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 Any such designation by the board of directors of the Parent Borrower, Holdings or any
Parent Holding Company shall be evidenced to the Administrative Agent by promptly filing with the Administrative Agent a copy of the resolution of the board of directors of the Parent Borrower, Holdings or any Parent Holding Company giving effect to
such designation and an officer’s certificate certifying that such designation complied with the foregoing provisions. 
 “U.S.
Person” means any Person that is a “United States person” as defined in Section 7701(a)(30) of the Code. 

“U.S. Tax Compliance Certificate” has the meaning assigned to such term in Section 3.01(g)(iii). 

“Voting Stock” of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote
(without regard to the occurrence of any contingency) in the election of the Board of Directors of such Person. 
 “Weighted Average
Life to Maturity” means, when applied to any Indebtedness or Disqualified Stock or Preferred Stock, as the case may be, at any date, the number of years (and/or portion thereof) 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 such Indebtedness or redemption or similar
payment, in respect of such Disqualified Stock or Preferred Stock, 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. 
 “Wholly Owned Restricted Subsidiary” means any Wholly Owned Subsidiary that is a Restricted
Subsidiary. 
 “Wholly Owned Subsidiary” of any Person means a direct or indirect Subsidiary of such Person 100% of the
outstanding Capital Stock or other ownership interests of which (other than directors’ qualifying shares or shares or interests required to be held by foreign nationals or other third parties to the extent required by applicable law) shall at
the time be owned by such Person or by one or more Wholly Owned Subsidiaries of such Person. 
 “Working Capital” means,
with respect to the Borrowers and the Restricted Subsidiaries on a consolidated basis, Consolidated Current Assets minus Consolidated Current Liabilities. 

“X-Chem” means X-Chem, Inc., a wholly owned indirect Subsidiary of the Parent Borrower, as presently constituted on the
Closing Date. 
 “X-RX” means X-RX, Inc., an 80% owned indirect Subsidiary of the Parent Borrower, as presently constituted
on the Closing Date. 
 Section 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 meanings of defined terms are equally applicable to
the singular and plural forms of the defined terms. 
 (b) The words “herein,” “hereto,” “hereof” and
“hereunder” and words of similar import when used in any Loan Document shall refer to such Loan Document as a whole and not to any particular provision thereof. 

(c) References in this Agreement to an Exhibit, Schedule, Article, Section, clause or subclause refer (A) to the appropriate Exhibit or
Schedule to, or Article, Section, clause or subclause in this Agreement or (B) to the extent such references are not present in this Agreement, to the Loan Document in which such reference appears. 

(d) The term “including” is by way of example and not limitation. 

  
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 (e) The term “documents” includes any and all instruments, documents, agreements,
certificates, notices, reports, financial statements and other writings, however evidenced, whether in physical or electronic form. 
 (f)
Any reference herein to any Person shall be construed to include such Person’s successors and assigns. 
 (g) 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.” 
 (h) 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. 
 (i) In measuring compliance with this Agreement
with respect to any (x) Investment or acquisition, in each case, for which the Parent Borrower or any Subsidiary thereof may not terminate its obligations under the documentation therefor due to a lack of financing for such Investment or
acquisition (whether by merger, consolidation or other business combination or the acquisition of Capital Stock or otherwise) as applicable and (y) repayment, repurchase or refinancing of Indebtedness with respect to which an irrevocable notice
of repayment (or similar irrevocable notice) has been delivered, in each case for purposes of determining: 
 (1) whether any
Indebtedness (including Acquired Indebtedness) that is being incurred in connection with such Investment, acquisition or repayment, repurchase or refinancing of Indebtedness is permitted to be incurred in compliance with Section 7.01; 

(2) whether any Lien being incurred in connection with such Investment, acquisition or repayment, repurchase or refinancing of
Indebtedness or to secure any such Indebtedness is permitted to be incurred in accordance with Section 7.02 or the definition of “Permitted Liens”; 

(3) whether any other transaction undertaken or proposed to be undertaken in connection with such Investment, acquisition or
repayment, repurchase or refinancing of Indebtedness complies with the covenants or agreements contained in this Agreement; and 

(4) any calculation of the ratios or baskets, including Fixed Charge Coverage Ratio, First Lien Net Leverage Ratio, First Lien
Gross Leverage Ratio, Total Net Leverage Ratio, Consolidated Net Income, Consolidated EBITDA and/or Pro Forma Cost Savings and baskets determined by reference to Consolidated EBITDA or Consolidated Net Tangible Assets and, whether a Default or Event
of Default exists in connection with the foregoing, 
 at the option of the Parent Borrower, the date that the definitive agreement for such
Investment, acquisition or repayment, repurchase or refinancing of Indebtedness is entered into (the “Transaction Agreement Date”) may be used as the applicable date of determination, as the case may be, in each case with such pro
forma adjustments as are appropriate and consistent with the pro forma adjustment provisions set forth in the definition of “Pro Forma Basis” or “Consolidated EBITDA.” For the avoidance of doubt, if the Parent Borrower elects to
use the Transaction Agreement Date as the applicable date of determination in accordance with the foregoing, (a) any fluctuation or change in the Fixed Charge Coverage Ratio, First Lien Net Leverage Ratio, First Lien Gross Leverage Ratio, Total
Net Leverage Ratio, Consolidated Net Income, Consolidated EBITDA, Consolidated Net Tangible Assets and/or Pro Forma Cost Savings of the Parent Borrower from the Transaction Agreement Date to the consummation of such Investment, acquisition or
repayment, repurchase or refinancing of Indebtedness, will not be taken into account for purposes of determining whether any Indebtedness or Lien that is being incurred in connection with such Investment, acquisition or repayment, repurchase or
refinancing of Indebtedness, or in connection with compliance by the Parent Borrower or any of the Restricted Subsidiaries with any other provision of the Loan Documents or any other transaction undertaken in connection with such Investment,
acquisition or repayment, repurchase or refinancing of Indebtedness, is permitted to be incurred and (b) until such Investment, acquisition or repayment, repurchase or refinancing of Indebtedness is consummated or such definitive agreements are
terminated, such Investment, acquisition or repayment, repurchase or refinancing of Indebtedness and all transactions proposed to be 

  
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undertaken in connection therewith (including the incurrence of Indebtedness and Liens) will be given pro forma effect when determining compliance of other transactions (including the incurrence
of Indebtedness and Liens unrelated to such Investment, acquisition or repayment, repurchase or refinancing of Indebtedness) that are consummated after the Transaction Agreement Date and on or prior to the consummation of such Investment,
acquisition or repayment, repurchase or refinancing of Indebtedness and any such transactions (including any incurrence of Indebtedness and the use of proceeds thereof) will be deemed to have occurred on the date the definitive agreements are
entered and outstanding thereafter for purposes of calculating any baskets or ratios under the Loan Documents after the date of such agreement and before the consummation of such Investment, acquisition or repayment, repurchase or refinancing of
Indebtedness; provided that the calculation of Consolidated Net Income (and any defined term a component of which is Consolidated Net Income) shall not include the Consolidated Net Income of the Person or assets to be acquired in the relevant
Investment or acquisition for usages other than in connection with the applicable transaction pertaining to such Investment or acquisition until such time as such Investment or acquisition is actually consummated. 

Section 1.03 Accounting Term. 

(a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including
financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP, as in effect from time to time. 

(b) If at any time any change in GAAP or the application thereof would affect the computation or interpretation of any financial ratio, basket,
requirement or other provision set forth in any Loan Document, and either the Borrowers or the Required Lenders shall so request, the Administrative Agent and the Borrowers shall negotiate in good faith to amend such ratio, basket, requirement or
other provision to preserve the original intent thereof in light of such change in GAAP or the application thereof (subject to the approval of the Required Lenders not to be unreasonably withheld, conditioned or delayed) (provided that any
change affecting the computation of the ratio set forth in Section 7.08 shall be subject solely to the approval of the Required Revolving Lenders (not to be unreasonably withheld, conditioned or delayed) and the Borrowers); provided
that, until so amended, (i) (A) such ratio, basket, requirement or other provision shall continue to be computed or interpreted in accordance with GAAP or the application thereof prior to such change therein and (B) the Borrowers shall
provide to the Administrative Agent and the Lenders a written reconciliation in form and substance reasonably satisfactory to the Administrative Agent, between calculations of such ratio, basket, requirement or other provision made before and after
giving effect to such change in GAAP or the application thereof or (ii) the Borrowers may elect to fix GAAP (for purposes of such ratio, basket, requirement or other provision) as of another later date notified in writing to the Administrative
Agent from time to time. 
 (c) Notwithstanding anything to the contrary contained herein, all such financial statements shall be prepared,
and all financial covenants contained herein or in any other Loan Document shall be calculated, in each case, without giving effect to any election under FASB ASC 825 (or any similar accounting principle) permitting a Person to value its financial
liabilities at the fair value thereof. 
 Section 1.04 Rounding. Any financial ratios required to be maintained by the
Borrowers, or satisfied in order for a specific action to be permitted, under 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). 

Section 1.05 References to Agreements and Laws. Unless otherwise expressly provided herein, (a) references to Organization
Documents, agreements (including the Loan Documents) and other contractual instruments shall be deemed to include all subsequent amendments, restatements, extensions, supplements and other modifications thereto, but only to the extent that such
amendments, restatements, extensions, supplements and other modifications are permitted by any Loan Document and (b) references to any Law shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing
or interpreting such Law. 
 Section 1.06 Times of Day. Unless otherwise specified, all references herein to times of day shall
be references to Eastern time (daylight savings or standard, as applicable). 

  
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 Section 1.07 Timing of Payment or Performance. When the payment of any
obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as specifically provided in Section 2.12 or as described in
the definition of Interest Period) or performance shall extend to the immediately succeeding Business Day. 
 Section 1.08 Currency
Equivalents Generally. 
 (a) Any amount specified in this Agreement (other than in Articles II, IX and X or as set forth in clause
(b) of this Section) or any of the other Loan Documents to be in Dollars shall also include the equivalent of such amount in any currency other than Dollars, such equivalent amount to be determined at the rate of exchange quoted by the Reuters
World Currency Page for such other currency at 11:00 a.m. (London time) on such day (or, in the event such rate does not appear on any Reuters World Currency Page, by reference to such other publicly available service for displaying exchange rates
as may be agreed upon by the Administrative Agent and the Borrowers, or, in the absence of such agreement, such rate shall instead be the arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign
currency exchange operations in respect of such currency are then being conducted, at or about 10:00 a.m. (New York City time) on such date for the purchase of Dollars for delivery two Business Days later); provided that if any basket is
exceeded solely as a result of fluctuations in applicable currency exchange rates after the last time such basket was utilized, such basket will not be deemed to have been exceeded solely as a result of such fluctuations in currency exchange rates.

 (b) For purposes of determining the First Lien Net Leverage Ratio, and the Total Net Leverage Ratio, amounts denominated in a currency
other than Dollars will be converted to Dollars for the purposes of (A) testing the Financial Covenant, at the Exchange Rate as of the last day of the fiscal quarter for which such measurement is being made, and (B) calculating any Total
Net Leverage Ratio, and the First Lien Net Leverage Ratio (other than for the purposes of determining compliance with Section 7.08), at the Exchange Rate as of the date of calculation, and will, in the case of Indebtedness, reflect the currency
translation effects, determined in accordance with GAAP, of Swap Contracts permitted hereunder for currency exchange risks with respect to the applicable currency in effect on the date of determination of the Dollar equivalent of such Indebtedness.

 Section 1.09 [Reserved]. 

Section 1.10 Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be
deemed to be the stated amount of such Letter of Credit in effect at such time after giving effect to any expiration periods applicable thereto; provided, however, that (i) if any presentation of drawing documents shall have been
made on or prior to the expiration date of such Letter of Credit and the applicable L/C Issuer shall not yet have honored such drawing or given notice of dishonor, the amount of such Letter of Credit that is the subject of such drawing shall be
treated as still outstanding and (ii) 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 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. 

Section 1.11 Pro Forma Calculations. Notwithstanding anything to the contrary herein (subject to Section 1.02(i)), the First
Lien Net Leverage Ratio, the Total Net Leverage Ratio and the Fixed Charge Coverage Ratio and Consolidated Net Tangible Assets shall be calculated (including for purposes of Sections 2.14 and 2.15) on a Pro Forma Basis with respect to each Specified
Transaction occurring during the applicable four quarter period to which such calculation relates, and/or subsequent to the end of such four-quarter period but not later than the date of such calculation; provided that notwithstanding the
foregoing, when calculating the First Lien Net Leverage Ratio for purposes of (i) determining the applicable percentage of Excess Cash Flow for purposes of Section 2.05(b), (ii) the Applicable Rate, (iii) the Applicable Commitment Fee
and (iv) determining actual compliance (and not Pro Forma Compliance or compliance on a Pro Forma Basis) with the Financial Covenant, any Specified Transaction and any related adjustment contemplated in the definition of Pro Forma Basis (and
corresponding provisions of the definition of Consolidated EBITDA) that occurred subsequent to the end of the applicable four quarter period shall not be given Pro Forma Effect. 

  
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 For purposes of making any computation referred to above: 

(1) if any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on
such Indebtedness shall be calculated as if the rate in effect on the date for which a determination under this definition is made had been the applicable rate for the entire period (taking into account any Swap Contracts applicable to such
Indebtedness if such Swap Contracts has a remaining term in excess of 12 months); 
 (2) interest on a Capitalized Lease
Obligation shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer of the Parent Borrower to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP;

 (3) interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or
similar rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Parent Borrower may designate; 

(4) interest on any Indebtedness under a revolving credit facility or a Qualified Receivables Financing computed on a pro forma
basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period; and 
 (5) to
the extent not already covered above, any such calculation may include adjustments calculated in accordance with Regulation S-X under the Securities Act. 

Any pro forma calculation may include, without limitation, (1) adjustments calculated in accordance with Regulation S-X under the Securities Act, (2) adjustments calculated to give effect to any Pro Forma Cost Savings and (3) all adjustments described on Schedule 1.01(a) to the extent such adjustments, without
duplication, continue to be applicable to the Reference Period (as defined in the definition of “Pro Forma Basis”); provided that any such adjustments that consist of reductions in costs and other operating improvements or synergies shall
be calculated in accordance with, and satisfy the requirements specified in, the definition of “Pro Forma Cost Savings.” 

Section 1.12 Calculation of Baskets. If any of the baskets set forth in this Agreement are exceeded solely as a result of
fluctuations to Consolidated Net Tangible Assets for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under this Agreement, such baskets will not be deemed to have been exceeded solely as a
result of such fluctuations. 
 ARTICLE II. 

The Commitments and Credit Extensions 

Section 2.01 The Loans. 

(a) The Initial Term Borrowing. Subject to the terms and conditions set forth herein, each Term Lender with an Initial Term Commitment
severally agrees to make a single loan denominated in Dollars (the “Initial Term Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term Commitment. The Initial Term
Borrowing shall consist of Initial Term Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term Commitments. Amounts borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be
reborrowed (it being understood, however, that prepayments will be taken into account for purposes of any Prepayment-Based Incremental Facility to the extent provided by Section 2.14). Initial Term Loans
may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein. 
 (b) The Revolving Credit Borrowings. Subject to the
terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans denominated in Dollars (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time after the Closing Date, on any
Business Day until and excluding the Business Day preceding the Maturity Date for the Revolving Credit Facility, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment;
provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed 

  
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the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all
L/C Obligations shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this
Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. To the extent that any portion of the Revolving
Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Sections 2.03 and 2.04)
shall be allocated pro rata among the Revolving Tranches. 
 (c) After the Closing Date, subject to and upon the terms and conditions set
forth herein, each Lender with a Term Commitment (other than an Initial Term Commitment) with respect to any Tranche of Term Loans (other than Initial Term Loans) severally agrees to make a Term Loan denominated in Dollars under such Tranche to the
Borrowers in an amount not to exceed such Term Lender’s Term Commitment under such Tranche on the date of incurrence thereof, which Term Loans under such Tranche shall be incurred pursuant to a single drawing on the date set forth for such
incurrence. Such Term Loans may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein. Once repaid, Term Loans incurred hereunder may not be reborrowed. 

Section 2.02 Borrowings, Conversions and Continuations of Loans. 

(a) Each Term Borrowing, each Revolving Credit Borrowing, each conversion of Term Loans, Specified Refinancing Revolving Loans or Revolving
Credit Loans from one Type to the other, and each continuation of Eurocurrency Rate Loans, shall be made upon irrevocable notice by the Borrowers to the Administrative Agent. Each such notice must be in writing and must be received by the
Administrative Agent not later than 12:00 p.m. (New York City time) (i) three Business Days prior to the requested date of any Borrowing of, conversion of Base Rate Loans to, or continuation of, Eurocurrency Rate Loans (or in the case of any
such Borrowing to be made on the Closing Date, one Business Day prior to the Closing Date), and (ii) on the requested date of any Borrowing of Base Rate Loans or of any conversion of Eurocurrency Rate Loans to Base Rate Loans. Each notice
pursuant to this Section 2.02(a) shall be delivered to the Administrative Agent in the form of a written Committed Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrowers. 

Each Borrowing of, conversion to or continuation of Eurocurrency Rate Loans shall be (i) in a principal amount of $3,000,000, or
(ii) a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(d) and 2.04(c), each Borrowing of, or conversion to, Base Rate Loans shall be (i) in a principal amount of $1,000,000, or (ii) a whole multiple
of $500,000 in excess thereof. 
 Each Committed Loan Notice shall specify (i) whether the Borrowers are requesting a Term Borrowing, a
Revolving Credit Borrowing, a conversion of a Tranche of Term Loans, Specified Refinancing Revolving Loans or Revolving Credit Loans from one Type to the other, or a continuation of Eurocurrency 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 Tranche of Term
Loans, Specified Refinancing Revolving Loans or Revolving Credit Loans are to be converted and (v) if applicable, the duration of the Interest Period with respect thereto. If, with respect to any Eurocurrency Rate Loans, the Borrowers fail to
specify a Type of Loan in a Committed Loan Notice or if the Borrowers fail to give a timely notice requesting a conversion or continuation, then the applicable Tranche of Term Loans, Specified Refinancing Revolving Loans, or Revolving Credit Loans
shall be made as, or converted to, Eurocurrency Rate Loans with an Interest Period of 1 month. Any such automatic conversion or continuation pursuant to the immediately preceding sentence shall be effective as of the last day of the Interest Period
then in effect with respect to the applicable Eurocurrency Rate Loans. If a Borrower requests a Borrowing of, conversion to, or continuation of Eurocurrency Rate Loans in any such Committed 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 Committed Loan Notice, the Administrative
Agent shall promptly notify each applicable Lender of the amount of its ratable share of the applicable Tranche of Term Loans, Specified Refinancing Revolving Loans or Revolving Credit Loans, and if no timely notice of a conversion or continuation
of Eurocurrency Rate Loan is provided by the Borrowers, the Administrative Agent shall notify each Lender of the 

  
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details of any automatic conversion to Eurocurrency Rate Loans with an Interest Period of one month as described in Section 2.02(a). In the case of a Term Borrowing or a Revolving Credit
Borrowing, each Appropriate 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 12:00 p.m. (New York City time) (or 1:00 p.m. (New
York City time), in the case of Base Rate Loans), on the Business Day specified in the applicable Committed Loan Notice. Each Lender may, at its option, make any Loan available to the Borrowers by causing any foreign or domestic branch or Affiliate
of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrowers to repay such Loan in accordance with the terms of this Agreement. Upon satisfaction of the applicable conditions set
forth in Section 4.02 (or, if such Borrowing is the initial Credit Extension, Section 4.01 and Section 4.02), the Administrative Agent shall make all funds so received available to the Borrowers in like funds as received by the
Administrative Agent either by (i) crediting the account of the Borrowers on the books of the Administrative Agent 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 Borrowers; provided, however, that if, on the date the Committed Loan Notice with respect to such Borrowing is given by the Borrowers, there are L/C Borrowings outstanding,
then the proceeds of such Borrowing shall be applied, first, to the payment in full of any such L/C Borrowings, and second, to the Borrowers as provided above. 

(c) Except as otherwise provided herein, a Eurocurrency Rate Loan may be continued or converted only on the last day of an Interest Period for
such Eurocurrency Rate Loan unless the Borrowers pay the amount due under Section 3.06 in connection therewith. During the existence of an Event of Default, at the election of the Administrative Agent or the Required Lenders, no Loans may be
requested as, converted to or continued as Eurocurrency Rate Loans. 
 (d) The Administrative Agent shall promptly notify the Borrowers and
the Lenders of the interest rate applicable to any Interest Period for Eurocurrency Rate Loans upon determination of such interest rate. The determination of the Eurocurrency Rate by the Administrative Agent shall be conclusive in the absence of
manifest error. 
 (e) After giving effect to all Term Borrowings, all Revolving Credit Borrowings, all conversions of Term Loans or
Revolving Credit Loans from one Type to the other, and all continuations of Term Loans or Revolving Credit Loans of the same Type, there shall not be more than ten Interest Periods in effect. 

(f) The failure of any Lender to make the Loan to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation,
if any, hereunder to make its Loan on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on the date of any Borrowing, which for the avoidance of doubt
does not limit such Lender’s obligations under Section 2.17. 
 Section 2.03 Letters of Credit. 

(a) The Letter of Credit Commitment. (i) On and after the Closing Date, the Existing Letters of Credit will constitute Letters of
Credit under this Agreement. Subject to the terms and conditions set forth herein, (A) each L/C Issuer agrees, in reliance upon (among other things) the agreements of the other Revolving Credit 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 for the account of the Parent Borrower or any Restricted Subsidiary (provided that the
Borrowers hereby irrevocably agree to reimburse the applicable L/C Issuer for amounts drawn on any Letters of Credit issued for the account of the Borrowers or any Restricted Subsidiary on a joint and several basis with such Restricted Subsidiary)
and to amend or renew Letters of Credit previously issued by it, in accordance with Section 2.03(c), and (2) to honor drafts under the Letters of Credit and (B) the Revolving Credit Lenders severally agree to participate in Letters of
Credit issued for the account of the Parent Borrower or any Restricted Subsidiary; provided that no L/C Issuer shall be obligated to make any L/C Credit Extension with respect to any Letter of Credit, and no Lender shall be obligated to
participate in any Letter of Credit, if as of the date of such L/C Credit Extension (x) the Total Revolving Credit Outstandings would exceed the Revolving Credit Facility, (y) the aggregate Outstanding Amount of the Revolving Credit Loans
of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, would exceed such Lender’s Revolving Credit Commitment or (z) the Outstanding Amount of the L/C Obligations would exceed the Letter of

  
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Credit Sublimit; provided further that no L/C Issuer identified in clause (a) of the definition thereof shall have any obligation to make an L/C Credit Extension if, after giving
effect thereto, the L/C Obligations in respect of Letters of Credit issued by such L/C Issuer would exceed, in the case of (i) Credit Suisse, $10,000,000, (ii) JPMorgan Chase Bank, N.A., $10,000,000, (iii) Goldman Sachs Bank USA, $6,000,000,
(iv) UBS AG, Stamford Branch, $6,000,000, (v) Deutsche Bank AG New York Branch, $4,000,0000, (vi) Morgan Stanley Senior Funding, Inc., $2,000,000 and (vii) Barclays Bank PLC, $2,000,0000. Within the foregoing limits, and subject to the terms
and conditions hereof, the Borrowers’ ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrowers 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. 
 (ii) No L/C Issuer shall be under any obligation to issue any Letter of Credit (and, in the case of
clause (B) and (C), no L/C Issuer shall 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 such L/C Issuer from issuing such Letter of Credit, or any Law applicable to such L/C Issuer or any request or directive (whether or not having the force of Law)
from any Governmental Authority with jurisdiction over such L/C Issuer shall prohibit, or request that such L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon such L/C
Issuer with respect to such Letter of Credit any restriction, reserve or capital requirement (for which such L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon such L/C Issuer any unreimbursed
loss, cost or expense which was not applicable on the Closing Date and which, in each case, such L/C Issuer in good faith deems material to it; 

(B) subject to Section 2.03(c)(iii), the expiry date of such requested Letter of Credit would occur more than 12 months
after the date of issuance or last renewal, unless the Required Revolving Lenders and the applicable L/C Issuer, in their sole discretion, have approved such expiry date; 

(C) the expiry date of such requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless
(i) all the Revolving Credit Lenders and the applicable L/C Issuer have approved such expiry date and/or (ii) the applicable L/C Issuer has approved such expiry date and such requested Letter of Credit has been Cash Collateralized by the
applicant requesting such Letter of Credit in accordance with Section 2.16 at least five Business Days prior to the Letter of Credit Expiration Date; 

(D) the issuance of such Letter of Credit would violate one or more generally applicable policies of such L/C Issuer in place
at the time of such request; 
 (E) such Letter of Credit is in an initial stated amount of less than $5,000 or such lesser
amount as is acceptable to the applicable L/C Issuer in its sole discretion (provided that Goldman Sachs Bank USA shall be under no obligation to issue any Letter of Credit with a face amount less than $250,000, nor shall Goldman Sachs Bank USA be
under any obligation to issue a Letter of Credit if it has more than ten Letters of Credit outstanding under this Credit Agreement at the time it receives the applicable Letter of Credit Application); 

(F) such Letter of Credit is denominated in a currency other than Dollars; 

(G) [reserved]; or 

(H) any Revolving Credit Lender is at that time a Defaulting Lender, unless the applicable L/C Issuer has entered into
arrangements, including reallocation of the Defaulting Lender’s Pro Rata Share of the outstanding L/C Obligations pursuant to Section 2.17(a)(iv) or the delivery of Cash Collateral in accordance with Section 2.16 with the Borrowers or
such Lender to eliminate such L/C Issuer’s actual or potential Fronting Exposure (after giving effect to Section 2.17(a)(iv)) 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 such L/C Issuer has actual or potential Fronting Exposure under such Tranche. 

  
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 (iii) No L/C Issuer shall be under any obligation to amend any Letter of Credit if
(A) such L/C Issuer would have no obligation at such time to issue such Letter of Credit in its amended form under the terms hereof or (B) the beneficiary of such Letter of Credit does not accept the proposed amendment to such Letter of
Credit. 
 (iv) Each L/C Issuer shall act on behalf of the Revolving Credit Lenders with respect to any Letters of Credit issued by it and
the documents associated therewith, and each 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 such 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 each L/C Issuer with respect to such
acts or omissions, and (B) as additionally provided herein with respect to each L/C Issuer. 
 (b) The foregoing benefits and immunities
shall not excuse any L/C Issuer from liability to the Borrowers to the extent of any direct damages (as opposed to indirect, special, consequential, punitive or exemplary damages claims which are hereby waived by the Borrowers to the extent
permitted by applicable law) suffered by the Borrowers that are caused by such the L/C Issuer’s gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final and nonappealable judgment. 

(c) Procedures for Issuance and Amendment of Letters of Credit; Auto-Renewal Letters of Credit.
(i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Borrowers delivered to the applicable L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application,
including agreed-upon draft language for such Letter of Credit reasonably acceptable to the applicable L/C Issuer (it being understood that such draft language for each such Letter of Credit must be in English or, if agreed to in the sole discretion
of the applicable L/C issuer, accompanied by an English translation certified by the Borrowers to be a true and correct English translation), appropriately completed and signed by a Responsible Officer of the Borrowers. Such Letter of Credit
Application must be received by the applicable L/C Issuer and the Administrative Agent not later than 12:00 noon (New York City time) at least three Business Days (or such shorter period as such L/C Issuer and the Administrative Agent 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 reasonably satisfactory to the applicable L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day not later than 30 days prior to the Maturity Date of the Revolving Credit
Facility, unless the Administrative Agent and the applicable L/C Issuer otherwise agree); (B) the amount 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 or other documents to be presented by such beneficiary in case of any drawing thereunder; (G) the Person for whose account the requested Letter of
Credit is to be issued (which must be a Borrower Party); and (H) such other matters as the applicable L/C Issuer may reasonably request. 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 reasonably satisfactory to the applicable L/C Issuer: (1) the Letter of Credit to be amended; (2) the proposed date of amendment thereof (which shall be a Business Day); (3) the nature of the
proposed amendment and (4) such other matters as the applicable L/C Issuer may reasonably request. 
 (ii) Promptly following delivery
of any Letter of Credit Application to the applicable L/C Issuer, the Parent Borrower will confirm with the Administrative Agent that the Administrative Agent has received a copy of such Letter of Credit Application and, if the Administrative Agent
has not received a copy of such Letter of Credit Application, then the Parent Borrower will provide the Administrative Agent with a copy thereof. Upon receipt by such L/C Issuer of confirmation from the Administrative Agent that the requested
issuance or amendment is permitted in accordance with the terms hereof, then, subject to the terms and conditions hereof, such L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of the Parent Borrower or any Restricted
Subsidiary (as designated in the Letter of Credit Application) or enter into the applicable amendment, as the case may be. Immediately upon the issuance of each Letter of Credit, each Revolving Credit Lender shall be deemed to, and hereby
irrevocably and unconditionally agrees to, purchase from the applicable L/C Issuer a risk participation in such Letter of Credit in an amount equal to such Lender’s Pro Rata Share of the Revolving Credit Facility multiplied by the amount of
such Letter of Credit. 

  
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 (iii) If the Parent Borrower on behalf of the applicable Borrower Party so requests in any
applicable Letter of Credit Application, the applicable L/C Issuer may, in its sole and absolute discretion, agree to issue a Letter of Credit that has automatic renewal provisions (each, an “Auto-Renewal Letter of Credit”);
provided that any such Auto-Renewal Letter of Credit must permit such L/C Issuer to prevent any such renewal 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 in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the applicable L/C Issuer, the
Borrowers shall not be required to make a specific request to such L/C Issuer for any such renewal. Once an Auto-Renewal Letter of Credit has been issued, the Revolving Credit Lenders shall be deemed to have
authorized (but may not require) the applicable L/C Issuer to permit the renewal of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided, however, that such L/C Issuer shall
not permit any such renewal if such L/C Issuer has determined that it would have no obligation at such time to issue such Letter of Credit in its renewed form under the terms hereof (by reason of the provisions of Section 2.03(a)(ii) or
otherwise). 
 (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 applicable L/C Issuer will also (A) deliver to the Borrowers, the applicable Borrower Party and the Administrative Agent a true and complete copy of such Letter of Credit or amendment and
(B) the Administrative Agent in turn will notify each Revolving Credit Lender of such issuance or amendment and the amount of such Revolving Credit Lender’s Pro Rata Share therein. 

(v) Notwithstanding anything to the contrary set forth above, the issuance of any Letters of Credit by any L/C Issuer under this Agreement
shall be subject to such reasonable additional letter of credit issuance procedures and requirements as may be required by such L/C Issuer’s internal letter of credit issuance policies and procedures, in its sole discretion, as in effect at the
time of such issuance, including requirements with respect to the prior receipt by such L/C Issuer of customary “know your customer” information regarding a prospective account party or applicant that is not a Borrower hereunder, as well
as regarding any beneficiaries of a requested Letter of Credit. Additionally, if (a) the beneficiary of a Letter of Credit issued hereunder is an issuer of a letter of credit not governed by this Agreement for the account of any Borrower or any
Restricted Subsidiary (an “Other LC”), and (b) such Letter of Credit is issued to provide credit support for such Other LC, no amendments may be made to such Other LC without the consent of the applicable L/C Issuer hereunder.

 (d) Drawings and Reimbursements; Funding of Participations. (i) Upon receipt from the beneficiary of any Letter of Credit of
any drawing under such Letter of Credit, the applicable L/C Issuer shall notify the Borrowers and the Administrative Agent thereof. Each L/C Issuer shall notify the Borrowers on the date of any payment by such L/C Issuer under a Letter of Credit
(each such date, an “Honor Date”), and the Borrowers shall reimburse such L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing no later than on the next succeeding Business Day (and any
reimbursement made on such next Business Day shall be taken into account in computing interest and fees in respect of any such Letter of Credit) after the Borrowers shall have received notice of such payment with interest on the amount so paid or
disbursed by such L/C Issuer, to the extent not reimbursed prior to 3:00 p.m. (New York City time) on the applicable Honor Date, from and including the date paid or disbursed to but excluding the date such L/C Issuer was reimbursed by the Borrowers
therefor at a rate per annum equal to the Base Rate as in effect from time to time plus the Applicable Rate as in effect from time to time for Revolving Credit Loans that are maintained as Base Rate Loans. If the Borrowers fail to so
reimburse such L/C Issuer on such next Business Day, the Administrative Agent shall promptly notify each Revolving Credit Lender of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount
of such Revolving Credit Lender’s Pro Rata Share thereof. In such event, in the case of an Unreimbursed Amount, the Borrowers shall be deemed to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on such date in an
amount equal to the Unreimbursed Amount, in accordance with the requirements of Section 2.02 but without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans or Eurocurrency Rate Loans,
as the case may be, but subject to the amount of the unutilized portion of the Revolving Credit Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Committed Loan Notice). Any notice given by an L/C Issuer or
the Administrative Agent pursuant to this Section 2.03(d)(i) 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. 

  
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 (ii) Each Revolving Credit Lender (including each Lender acting as an L/C Issuer) shall upon
any notice pursuant to Section 2.03(d)(i) make funds available (and the Administrative Agent may apply Cash Collateral provided for this purpose) for the account of the applicable L/C Issuer, at the Administrative Agent’s Office in an
amount equal to its applicable Pro Rata Share of the Unreimbursed Amount not later than 3:00 p.m. (New York City time) on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of
Section 2.03(d)(iii), each Revolving Credit Lender that so makes funds available shall be deemed to have made a Base Rate Revolving Credit Loan to the Borrowers in such amount. The Administrative Agent shall promptly remit the funds so received
to the applicable L/C Issuer. 
 (iii) With respect to any Unreimbursed Amount that is not fully refinanced by a Revolving Credit Borrowing
of Base Rate Loans because the conditions set forth in Section 4.02 cannot be satisfied or for any other reason, the Borrowers shall be deemed to have incurred from the applicable 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 then applicable to Base Rate Revolving Credit Loans. In such event, each Revolving Credit
Lender’s payment to the Administrative Agent for the account of the applicable L/C Issuer pursuant to Section 2.03(d)(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 Revolving Credit Lender
funds its Revolving Credit Loan or L/C Advance pursuant to this Section 2.03(d) to reimburse the applicable L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s applicable Pro Rata Share of such
amount shall be solely for the account of such L/C Issuer. 
 (v) Each Revolving Credit Lender’s obligation to make Revolving Credit
Loans or L/C Advances to reimburse the applicable L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(d), shall be absolute 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 such L/C Issuer, any 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 Revolving Credit Lender’s obligation to make Revolving Credit Loans pursuant to this Section 2.03(d) is
subject to the conditions set forth in Section 4.02 (other than delivery by the Borrowers of a Committed Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrowers to reimburse the
applicable L/C Issuer for the amount of any payment made by the applicable L/C Issuer under any Letter of Credit, together with interest as provided herein. 

(vi) If any Revolving Credit Lender fails to make available to the Administrative Agent for the account of the applicable L/C Issuer any amount
required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(d) by the time specified in Section 2.03(d)(ii), then, without limiting the other provisions of this Agreement, such 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 such L/C Issuer
at a rate per annum equal to the greater of the Federal Funds Rate from time to time in effect and a rate reasonably determined by such L/C Issuer in accordance with banking industry rules on interbank compensation, plus any reasonable
administrative, processing or similar fees customarily charged by such L/C Issuer in connection with the foregoing. If such Lender pays such principal amount, the amount so paid (less interest and fees) shall constitute such Lender’s 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 applicable L/C Issuer submitted to any Revolving Credit Lender (through the Administrative Agent) with respect to
any amounts owing under this Section 2.03(d)(vi) shall be conclusive absent manifest error. 
 (e) Repayment of Participations.
(i) If, at any time after an L/C Issuer has made a payment under any Letter of Credit issued by it and has received from any Revolving Credit Lender such Lender’s L/C Advance in respect of such payment in accordance with
Section 2.03(d), the Administrative Agent receives for the account of such L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrowers or otherwise, including proceeds of Cash
Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Lender its applicable Pro Rata Share thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during
which such Lender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent. 

  
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 (ii) If any payment received by the Administrative Agent for the account of an L/C Issuer
pursuant to Section 2.03(d)(i) is required to be returned under any of the circumstances described in Section 10.06 (including pursuant to any settlement entered into by such L/C Issuer in its discretion), each Revolving Credit Lender
shall pay to the Administrative Agent for the account of such L/C Issuer its applicable Pro Rata Share 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. 

(f) Obligations Absolute. The obligation of the Borrowers to reimburse the applicable 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 agreement or instrument relating thereto;

 (ii) the existence of any claim, counterclaim, setoff, defense or other right that the Borrowers 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 applicable 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 transmission or otherwise of any document required in order to make a drawing under such Letter of Credit; 
 (iv) any payment by the
applicable L/C Issuer under such Letter of Credit against presentation of a draft, certificate or other drawing document that does not comply with the terms of such Letter of Credit; or any payment made by the applicable 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, administrator, administrative receiver,
judicial manager, 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; 

(v) any exchange, release or non-perfection of any Collateral, or any release or amendment or waiver of or consent to departure from the
Guaranty or any other guarantee, for all or any of the Obligations of the Borrowers in respect of such Letter of Credit; or 
 (vi) 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 legal or equitable discharge of, or provide a right of setoff against
the Borrowers’ obligations hereunder. 
 The Borrowers shall promptly examine a copy of each Letter of Credit and each amendment
thereto that is delivered to them and, in the event of any claim of noncompliance with the instructions of the Borrowers or other irregularity, the Borrowers will promptly notify the applicable L/C Issuer. The Borrowers shall be conclusively deemed
to have waived any such claim against any L/C Issuer and its correspondents unless such notice is given as aforesaid. 
 (g) Role of L/C
Issuer. Each Lender and the Borrowers agree that, in paying any drawing under a Letter of Credit, the applicable L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and other documents
expressly required by the 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 

  
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document. None of the applicable L/C Issuer, any Agent-Related Person nor any of the respective correspondents, participants or assignees of the applicable
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 Revolving Credit Lenders or the Required Revolving Lenders, as applicable; (ii) any action taken
or omitted in the absence of gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final and nonappealable judgment or (iii) the due execution, effectiveness, validity or enforceability of any document
or instrument related to any Letter of Credit or Letter of Credit Application. The Borrowers hereby assume 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 Borrowers from pursuing such rights and remedies as they may have against the beneficiary or transferee at Law or under any other agreement. None of the applicable
L/C Issuer, any Agent-Related Person, nor any of the respective correspondents, participants or assignees of such L/C Issuer, shall be liable or responsible for any of the matters described in clauses
(i) through (v) of Section 2.03(f); provided, however, that anything in such clauses to the contrary notwithstanding, the Borrowers may have a claim against such L/C Issuer, and such L/C Issuer may be liable to the Borrowers,
to the extent, but only to the extent, of any direct, as opposed to indirect, special, punitive, consequential or exemplary, damages suffered by the Borrowers which a court of competent jurisdiction determines in a final non-appealable judgment were caused by such L/C Issuer’s willful misconduct or gross negligence. In furtherance and not in limitation of the foregoing, the applicable L/C Issuer may, in its sole discretion,
either accept documents that appear on their face to be in order and make payment upon such documents, without responsibility for further investigation, regardless of any notice or information to the contrary, and such L/C Issuer shall not be
responsible for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer 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 or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit. 

(h) Letter of Credit Fees. The Borrowers shall pay to the Administrative Agent for the account of each Revolving Credit Lender in
accordance with its applicable Pro Rata Share, a Letter of Credit fee which shall accrue for each Letter of Credit in an amount equal to the Applicable Rate then in effect for Eurocurrency Rate Loans with respect to the Revolving Credit Facility
multiplied by the daily maximum amount then available to be drawn under such Letter of Credit (whether or not such maximum amount is then in effect under such Letter of Credit if such maximum amount increases automatically pursuant to the terms of
such Letter of Credit); provided, however, that any Letter of Credit fees otherwise payable for the account of a Defaulting Lender with respect to any Letter of Credit as to which such Defaulting Lender has not provided Cash Collateral
satisfactory to the applicable L/C Issuer pursuant to this Section 2.03 shall be payable, to the maximum extent permitted by applicable Law, to the other Revolving Credit Lenders in accordance with the upward adjustments in their respective
applicable Pro Rata Shares allocable to such Letter of Credit pursuant to Section 2.17(a)(iv), with the balance of such fee, if any, payable to the applicable L/C Issuer for its own account. Such Letter of Credit fees shall be computed on a
quarterly basis in arrears and shall be due and payable on the last Business Day of each fiscal quarter, in respect of the quarterly period then ending (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. If there is any change in the Applicable Rate during any quarter, the daily maximum amount of 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. 
 (i)
Fronting Fee and Documentary and Processing Charges Payable to an L/C Issuer. The Borrowers shall pay directly to the applicable L/C Issuer for its own account a fronting fee equal to 0.125% of the maximum 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 last Business Day of each fiscal quarter beginning with the first fiscal quarter after the Closing Date in respect of the quarterly period
then ending (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 maximum 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 1.10. In addition, the Borrowers shall pay directly to the applicable L/C Issuer for
its own account the customary issuance, presentation, administration, amendment and other processing fees, and other standard costs and charges, of such 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 within five Business Days of demand and are nonrefundable. 

  
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 (j) Conflict with Letter of Credit Application. In the event of any conflict between
the terms hereof and the terms of any Letter of Credit Application, the terms hereof shall control. 
 (k) Reporting. To the extent
that any Letters of Credit are issued by an L/C Issuer other than the Administrative Agent, each such L/C Issuer shall furnish to the Administrative Agent a report detailing the daily L/C Obligations outstanding under all Letters of Credit issued by
it, such report to be in a form and at reporting intervals as shall be agreed between the Administrative Agent and such L/C Issuer; provided that in no event shall such reports be furnished at intervals greater than 31 days. 

(l) Provisions Related to Extended Revolving Credit Commitments. If the Maturity Date in respect of any Tranche of Revolving Credit
Commitments occurs prior to the expiration of any Letter of Credit, then (i) if one or more other Tranches of Revolving Credit Commitments in respect of which the Maturity Date shall not have occurred are then in effect, such Letters of Credit
shall automatically be deemed to have been issued (including for purposes of the obligations of the Revolving Credit Lenders to purchase participations therein and to make Revolving Credit Loans and payments in respect thereof pursuant to this
Section 2.03) under (and ratably participated in by Lenders pursuant to) the Revolving Credit Commitments in respect of such non-terminating Tranches up to an aggregate amount not to exceed the aggregate
principal amount of the unutilized Revolving Credit Commitments thereunder at such time (it being understood that no partial face amount of any Letter of Credit may be so reallocated) and to the extent any Letters of Credit are not able to be
reallocated pursuant to this clause (l) and there are outstanding Revolving Credit Loans under the non-terminating Tranches, the Borrowers agree to repay all such Revolving Credit Loans (or such lesser
amount as is necessary to reallocate all Letters of Credit pursuant to this clause (l)) or (ii) to the extent not reallocated pursuant to immediately preceding clause (i), the Borrowers shall Cash Collateralize any such Letter of Credit in
accordance with Section 2.16 but only up to the amount of such Letter of Credit not so reallocated. Except to the extent of reallocations of participations pursuant to clause (i) of the immediately preceding sentence, the occurrence of a
Maturity Date with respect to a given tranche of Revolving Credit Commitments shall have no effect upon (and shall not diminish) the percentage participations of the Revolving Credit Lenders in any Letter of Credit issued before such Maturity Date

 Section 2.04 [Reserved]. 

Section 2.05 Prepayments. 

(a) Optional. (i) The Borrowers may, upon notice by the Borrowers substantially in the form of Exhibit L-1 to the Administrative Agent, at any time or from time to time voluntarily prepay Loans in whole or in part without premium or penalty except as set forth in Section 2.05(a)(iii) below; provided that
(1) such notice must be received by the Administrative Agent not later than 12:00 p.m. (New York City time) (A) three Business Days prior to any date of prepayment of Eurocurrency Rate Loan and (B) on the date of prepayment of Base
Rate Loans (or such shorter period as the Administrative Agent shall agree); (2) any prepayment of Eurocurrency Rate Loans shall be (x) in a principal amount of $3,000,000, or (y) a whole multiple of $1,000,000 in excess thereof; and
(3) any prepayment of Base Rate Loans shall be (x) in a principal amount of $1,000,000, or (y) a whole multiple of $500,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such
notice shall specify the date and amount of such prepayment, the Tranche of Loans to be prepaid, the Type(s) of Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans (except that if the class of
Loans to be prepaid includes both Base Rate Loans and Eurocurrency Rate Loans, absent direction by the Borrowers, the applicable prepayment shall be applied first to Base Rate Loans to the full extent thereof before application to Eurocurrency Rate
Loans, in each case in a manner that minimizes the amount payable by the Borrowers in respect of such prepayment pursuant to Section 3.06). The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the
amount of such Lender’s ratable portion of such prepayment (based on such Lender’s ratable share of the relevant Facility). If such notice is given by the Borrowers, subject to clause (ii) below, the Borrowers 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 Eurocurrency Rate Loan shall be accompanied by all accrued interest thereon, together with any additional amounts
required pursuant to Section 2.05(a)(iii) and Section 3.06. Subject to Section 2.17, each prepayment of outstanding Term Loan Tranches pursuant to this Section 2.05(a) shall be applied to such Term Loan Tranche on a pro
rata basis (or, if agreed to in writing by the Majority Lenders of a Term Loan Tranche, in a manner that provides for more favorable prepayment treatment of other Term Loan Tranches, so long as each other such Term Loan Tranche receives its
Pro Rata Share 

  
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of any amount to be applied more favorably, except to the extent otherwise agreed by the Majority Lenders of each Term Loan Tranche receiving less than such Pro Rata Share) (other than a
prepayment of Term Loans with the proceeds of (x) Indebtedness incurred pursuant to Section 2.18 or (y) any Refinancing Notes issued to the extent permitted under Section 7.01(a), which, in each case, shall be applied to the Term
Loan Tranche being refinanced pursuant thereto). All voluntary prepayments of a Term Loan Tranche in accordance with this Section 2.05(a) shall be applied to the remaining amortization payments of the respective Term Loan Tranche as directed by
the Borrowers (or, if the Borrowers has not made such designation, in direct order of maturity); and each such prepayment shall be paid to the Appropriate Lenders on a pro rata basis, except as set forth above. 

(ii) Notwithstanding anything to the contrary contained in this Agreement, any notice of prepayment under Section 2.05(a)(i) may state
that it is conditioned upon the occurrence or non-occurrence of any event specified therein (including the effectiveness of other credit facilities), in which case such notice may be revoked by the Borrowers
(by written notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. 
 (iii) If
the Borrower, in connection with, or resulting in, any Repricing Event (A) makes a voluntary prepayment of any Initial Term Loans pursuant to Section 2.05(a), (B) makes a repayment of any Initial Term Loans pursuant to
Section 2.05(b)(iii) or (C) effects any amendment with respect to the Initial Term Loans, in each case, on or prior to the date that is six months after the Closing Date, the Borrowers shall pay to the Administrative Agent, for the ratable
account of the applicable Term Lenders (x) with respect to clauses (A) and (B), a prepayment premium in an amount equal to 1.00% of the principal amount of Term Loans prepaid or repaid and (y) with respect to clause (C), a prepayment
premium in an amount equal to 1.00% of the principal amount of the affected Term Loans held by the Term Lenders not consenting to such amendment. 

(b) Mandatory. (i) Within ten Business Days after financial statements have been delivered pursuant to Section 6.01(a) and the
related Compliance Certificate has been delivered pursuant to Section 6.02(b) (or, if later, the date on which such financial statements and such Compliance Certificate are required to be delivered), the Borrowers shall prepay an aggregate
principal amount of Term Loans in an amount equal to (A) 75% (as may be adjusted pursuant to the proviso below) of Excess Cash Flow for the fiscal year covered by such financial statements commencing with the fiscal year ending on December 31, 2016,
minus (B) the sum of (1) the aggregate amount of voluntary principal prepayments of the Loans (including prepayments at a discount to par offered to all Lenders, with credit given for the actual amount of the cash payment) (except
prepayments of Loans under any Revolving Tranche that are not accompanied by a corresponding permanent commitment reduction of the Revolving Tranches), in each case other than to the extent that any such prepayment is funded with the proceeds of
Specified Refinancing Debt, Refinancing Notes or any other long-term Indebtedness and (2) any amount not required to be applied to such prepayment pursuant to Section 2.05(b)(viii); provided that such percentage in respect of any
Excess Cash Flow Period shall be reduced to 50%, 25% or 0% if the First Lien Net Leverage Ratio as of the last day of the fiscal year to which such Excess Cash Flow Period relates was less than 4.25:1.00, 3.75:1.00 or 3.25:1.00, respectively;
provided further that no prepayment shall be required with respect to any Excess Cash Flow Period to the extent Excess Cash Flow for such period is less than $10,000,000 (and in such case the Excess Cash Flow for such period shall be carried
forward and added (without duplication) to the Excess Cash Flow for any subsequent Excess Cash Flow Period until this proviso shall no longer apply for purposes of this Section 2.05(b)(i)). 

(ii) If (x) any Asset Sale or Casualty Event (or series of related Asset Sales or Casualty Events) results in the receipt by the Parent
Borrower or any Restricted Subsidiary of aggregate Net Cash Proceeds in excess of $5.0 million or (y) the aggregate Net Cash Proceeds received by the Parent Borrower and the Restricted Subsidiaries from all Asset Sales and Casualty Events
not described in clause (x) above exceeds $15.0 million in any fiscal year (any such transaction or series of related transactions referred to in clauses (x) and each such transaction referred to in clause (y) if the threshold
therein is exceeded (effective with respect to each such transaction under clause (y) in a fiscal year only upon the later of the date of consummation thereof and the date such threshold is first exceeded) being a “Relevant
Transaction”), then (1) the Borrowers shall give written notice to the Administrative Agent thereof promptly after the date of receipt of such Net Cash Proceeds (or, if applicable, the date the threshold in clause (y) is first
exceeded) and (2) except to the extent the Borrowers elect in such notice to reinvest all or a portion of such Net Cash Proceeds in accordance with Section 7.04, the Borrowers shall prepay, subject to Section 2.05(b)(viii), an
aggregate principal amount of Term Loans in an amount equal to 100% (as may be adjusted pursuant to the second proviso below) of the Net Cash Proceeds received from such Relevant Transaction within 15

  
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Business Days of receipt thereof (or, in the case of clause (y) above, within 15 Business Days after the later of the date the threshold therein is first exceeded and the date the relevant
Net Cash Proceeds are received) by the Parent Borrower or such Restricted Subsidiary; provided that the Borrowers may use a portion of the Net Cash Proceeds received from such Relevant Transaction to prepay or repurchase any other
Indebtedness that is secured by the Collateral on a first lien “equal and ratable” basis with Liens securing the Obligations to the extent such other Indebtedness and the Liens securing the same are permitted hereunder and the
documentation governing such other Indebtedness requires such a prepayment or repurchase thereof with the proceeds of such Relevant Transaction, to the extent not deducted in the calculation of Net Cash Proceeds, in each case in an amount not to
exceed the product of (1) the amount of such Net Cash Proceeds and (2) a fraction, the numerator of which is the outstanding principal amount of such other Indebtedness (or to the extent such amount is not in Dollars, such equivalent
amount of such Indebtedness converted into Dollars as determined in accordance with Section 1.08) and the denominator of which is the aggregate outstanding principal amount of Term Loans and such other Indebtedness (or to the extent such amount
is not in Dollars, such equivalent amount of such Indebtedness converted into Dollars as determined in accordance with Article I); provided further that, so long as no Event of Default shall have occurred and be continuing or would result
therefrom, such prepayment percentage shall be reduced from 100% to 50% if, on a Pro Forma Basis after giving effect to such Asset Sale or Casualty Event, as the case may be, and the use of proceeds therefrom, the First Lien Leverage Net Ratio would
be equal to or less than 3.00:1.00; provided further that only the amount of Net Cash Proceeds in excess of $5.0 million for any Asset Sale or Casualty Event (under clause (x) above) or $15.0 million in any fiscal year (under
clause (y) above) shall be subject to prepayment pursuant to this Section 2.05(b)(ii). 
 (iii) (A) Upon the incurrence or
issuance by the Parent Borrower or any Restricted Subsidiary of any Refinancing Notes, any Specified Refinancing Term Loans or any Indebtedness not expressly permitted to be incurred or issued pursuant to Section 7.01, the Borrowers shall
prepay an aggregate principal amount of Term Loan Tranches in an amount equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by the Parent Borrower or such Restricted Subsidiary. 

(B) Without duplication, upon the receipt by the Parent Borrower or any Restricted Subsidiary of Net Cash Proceeds of the type
described in clause (c) of the definition of “Net Cash Proceeds,” the Borrowers shall immediately apply such proceeds to the prepayment of Term Loan Tranches as set forth in this Section 2.05. 

(iv) Upon the incurrence by the Parent Borrower or any Restricted Subsidiary of any Specified Refinancing Debt constituting revolving credit
facilities, the Borrowers shall prepay an aggregate principal amount of Revolving Credit Loans in an amount equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by the Parent Borrower or such Restricted
Subsidiary. 
 (v) If for any reason the sum of the Total Revolving Credit Outstandings or the sum of outstanding Specified Refinancing
Revolving Loans at any time exceed the sum of the Revolving Tranche in respect thereof (including after giving effect to any reduction in the Revolving Credit Commitments pursuant to Section 2.06), the Borrowers shall immediately prepay the
applicable Revolving Tranche and/or Cash Collateralize the L/C Obligations related thereto in an aggregate amount equal to such excess; provided, however, that the Borrowers shall not be required to Cash Collateralize the L/C
Obligations pursuant to this Section 2.05(b)(v) unless after the prepayment in full of the applicable Revolving Tranche the sum of the Total Revolving Credit Outstandings or the outstanding Specified Refinancing Revolving Loans, as the case may
be, exceed the aggregate Revolving Credit Commitments or the commitments to make Specified Refinancing Revolving Loans, as the case may be, then in effect. 

(vi) Subject to Section 2.17, each prepayment of Term Loans pursuant to this Section 2.05(b) shall be applied to each Term Loan
Tranche on a pro rata basis (or, if agreed to in writing by the Majority Lenders of a Term Loan Tranche, in a manner that provides for more favorable prepayment treatment of other Term Loan Tranches, so long as each other such Term
Loan Tranche receives its Pro Rata Share of any amount to be applied more favorably, except to the extent otherwise agreed by the Majority Lenders of each Term Loan Tranche receiving less than such Pro Rata Share) (other than a prepayment of
(x) Term Loans or Revolving Credit Loans, as applicable, with the proceeds of Indebtedness incurred pursuant to Section 2.18, which shall be applied to the Term Loan Tranche or Revolving Tranche, as applicable, being refinanced pursuant
thereto or (y) Term Loans with the proceeds of any 

  
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Refinancing Notes issued to the extent permitted under Section 7.01(a), which shall be applied to the Term Loan Tranche being refinanced pursuant thereto). Amounts to be applied to a Term
Loan Tranche in connection with prepayments made pursuant to this Section 2.05(b) shall be applied to the remaining scheduled installments with respect to such Term Loan Tranche in direct order of maturity. Each prepayment of Term Loans under a
Facility pursuant to this Section 2.05(b) shall be applied on a pro rata basis to the then outstanding Base Rate Loans and Eurocurrency Rate Loans under such Facility; provided that, if there are no Declining Lenders with
respect to such prepayment, then the amount thereof shall be applied first to Base Rate Loans under such Facility to the full extent thereof before application to Eurocurrency Rate Loans, in each case in a manner that minimizes the amount payable by
the Borrowers in respect of such prepayment pursuant to Section 3.06. 
 (vii) All prepayments under this Section 2.05 shall be
made together with, in the case of any such prepayment of a Eurocurrency Rate Loan on a date other than the last day of an Interest Period therefor, any amounts owing in respect of such Eurocurrency Rate Loan pursuant to Section 3.06 and, to
the extent applicable, any additional amounts required pursuant to Section 2.05(a)(iii). Notwithstanding any of the other provisions of this Section 2.05(b), so long as no Event of Default shall have occurred and be continuing, if any
prepayment of Eurocurrency Rate Loans is required to be made under this Section 2.05(b), other than on the last day of the Interest Period therefor, the Borrowers may, in their sole discretion, deposit the amount of any such prepayment
otherwise required to be made thereunder into a Cash Collateral account until the last day of such Interest Period, at which time the Administrative Agent shall be authorized (without any further action by or notice to or from the Borrowers or any
other Loan Party) to apply such amount to the prepayment of such Loans in accordance with this Section 2.05(b) (it being agreed, for clarity, that interest shall continue to accrue on the Loans so prepaid until the amount so deposited is
actually applied to prepay such Loans). Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent shall also be authorized (without any further action by or notice to or from the Borrowers or any other Loan
Party) to apply such amount to the prepayment of the outstanding Loans in accordance with this Section 2.05(b). 
 (viii)
Notwithstanding any other provisions of this Section 2.05, to the extent that any or all of the Net Cash Proceeds of any Asset Sale by a Foreign Subsidiary (a “Foreign Disposition”) or the Net Cash Proceeds of any Casualty
Event from a Foreign Subsidiary (a “Foreign Casualty Event”), in each case giving rise to a prepayment event pursuant to Section 2.05(b)(ii), or Excess Cash Flow giving rise to a prepayment event pursuant to
Section 2.05(b)(i) are or is prohibited, restricted or delayed by applicable local law from being repatriated to the United States, the portion of such Net Cash Proceeds or Excess Cash Flow so affected will not be required to be applied to
repay Term Loans at the times provided in this Section 2.05 but may be retained by the applicable Foreign Subsidiary so long, but only so long, as the applicable local law will not permit repatriation to the United States (the Borrowers hereby
agreeing to use commercially reasonable efforts to cause the applicable Foreign Subsidiary to promptly take all actions reasonably required by the applicable local law to permit such repatriation), and once such repatriation of any of such affected
Net Cash Proceeds or Excess Cash Flow is permitted under the applicable local law, such repatriation will be immediately effected and such repatriated Net Cash Proceeds or Excess Cash Flow will be promptly (and in any event not later than two
Business Days after such repatriation) applied (net of additional taxes payable or reserved against as a result thereof) to the repayment of the Loans pursuant to this Section 2.05 to the extent provided herein. 

(ix) Notwithstanding any other provisions of this Section 2.05, to the extent that the Borrowers have determined in good faith that
repatriation of any or all of the Net Cash Proceeds of any Foreign Disposition or any Foreign Casualty Event, in each case giving rise to a prepayment event pursuant to Section 2.05(b)(ii), or Excess Cash Flow giving rise to a prepayment event
pursuant to Section 2.05(b)(i) would have an adverse tax cost consequence (taking into account any foreign tax credit or benefit actually realized in connection with such repatriation) with respect to such Net Cash Proceeds or Excess Cash Flow,
the Net Cash Proceeds or Excess Cash Flow so affected may be retained by the applicable Foreign Subsidiary; provided that, on or before the date on which any Net Cash Proceeds so retained would otherwise have been required to be applied to
reinvestments or prepayments pursuant to this Section 2.05 (or twelve months after the date such Excess Cash Flow would have been so required to be applied if it were Net Cash Proceeds), (x) the Borrowers shall apply an amount equal to such Net
Cash Proceeds or Excess Cash Flow to such reinvestments or prepayments as if such Net Cash Proceeds or Excess Cash Flow had been received by the Borrowers rather than such Foreign Subsidiary, less the amount of additional taxes that would
have been payable or reserved against if such Net Cash Proceeds or Excess Cash Flow had been repatriated (or, if less, the Net Cash Proceeds or Excess Cash Flow that would be calculated if received by such Foreign Subsidiary) or (y) such Net
Cash Proceeds or Excess Cash Flow shall be applied to the repayment of Indebtedness of a Foreign Subsidiary, in each case, other than as mutually agreed by the Borrowers and the Administrative Agent. 

  
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 (c) Term Lender Opt-Out. With respect to any prepayment of Initial Term Loans and,
unless otherwise specified in the documents therefor, other Term Loan Tranches pursuant to Section 2.05(b)(ii) or (iii), any Appropriate Lender, at its option (but solely to the extent the Borrowers elect for this clause (c) to be
applicable to a given prepayment, other than in connection with any Refinancing Notes or any Specified Refinancing Term Loans), may elect not to accept such prepayment as provided below. The Borrowers may notify the Administrative Agent of any event
giving rise to a prepayment under Section 2.05(b)(ii) or (iii) at least five Business Days prior to the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of
the amount of such prepayment that is required to be made under Section 2.05(b)(ii) or (iii) (the “Prepayment Amount”). The Administrative Agent will promptly notify each Appropriate Lender of the contents of any such
prepayment notice so received from the Borrowers, including the date on which such prepayment is to be made (the “Prepayment Date”). Any Appropriate Lender may (but solely to the extent the Borrowers elect for this clause
(c) to be applicable to a given prepayment) decline to accept all (but not less than all) of its share of any such prepayment (any such Lender, a “Declining Lender”) by providing written notice to the Administrative Agent no
later than four Business Days after the date of such Appropriate Lender’s receipt of notice from the Administrative Agent regarding such prepayment. If any Appropriate Lender does not give a notice to the Administrative Agent on or prior to
such fourth Business Day informing the Administrative Agent that it declines to accept the applicable prepayment, then such Lender will be deemed to have accepted such prepayment. On any Prepayment Date, an amount equal to the Prepayment Amount
minus the portion thereof allocable to Declining Lenders, in each case for such Prepayment Date, shall be paid to the Administrative Agent by the Borrowers and applied by the Administrative Agent ratably to prepay Term Loans under the Term Loan
Tranches owing to Appropriate Lenders (other than Declining Lenders) in the manner described in Section 2.05(b) for such prepayment. Any amounts that would otherwise have been applied to prepay Term Loans, New Term Loans or Specified
Refinancing Term Loans owing to Declining Lenders shall be retained by the Borrowers (such amounts, “Declined Amounts”). 

(d) All Loans shall be repaid, whether pursuant to this Section 2.05 or otherwise, in the currency in which they were made. 

Section 2.06 Termination or Reduction of Commitments. 

(a) Optional. The Borrowers may, upon written notice by the Borrowers to the Administrative Agent, terminate the unused portions of the
Commitments under any Term Loan Tranche, the Letter of Credit Sublimit, or the unused Revolving Credit Commitments under any Revolving Tranche, or from time to time permanently reduce the unused portions of the Commitments under any Term Loan
Tranche, the Letter of Credit Sublimit, or the unused Revolving Credit Commitments under any Revolving Tranche; provided that (i) any such notice shall be received by the Administrative Agent three Business Days (or such shorter period
as the Administrative Agent shall agree) prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $500,000 or any whole multiple of $100,000 in excess thereof and (iii) the Borrowers
shall not terminate or reduce (A) the Commitments under any Tranche of the Revolving Credit Facility if, after giving effect thereto and to any concurrent prepayments hereunder, (x) the Total Revolving Credit Outstandings would exceed the
Revolving Credit Facility or (y) the Total Revolving Credit Outstandings with respect to such Tranche would exceed the Revolving Credit Commitments under such Tranche, or (B) the Letter of Credit Sublimit if, after giving effect thereto,
the Outstanding Amount of L/C Obligations not fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit. Any such notice of termination or reduction of commitments pursuant to this Section 2.06(a) may state that it is
conditioned upon the occurrence or non-occurrence of any event specified therein (including the effectiveness of other credit facilities), in which case such notice may be revoked by the Borrowers (by written
notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. 
 (b) Mandatory.
(i) The Aggregate Commitments under a Term Loan Tranche shall be automatically and permanently reduced to zero on the date of the initial incurrence of Term Loans under such Term Loan Tranche, which in the case of the Initial Term Commitments
shall be the Closing Date. 

  
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 (ii) Upon the incurrence by the Parent Borrower or any Restricted Subsidiary of any
Specified Refinancing Debt constituting revolving credit facilities, the Revolving Credit Commitments of the Lenders under the Tranche of Revolving Credit Loans being refinanced shall be automatically and permanently reduced on a ratable basis by an
amount equal to 100% of the Commitments under such revolving credit facilities. 
 (iii) If after giving effect to any reduction or
termination of Revolving Credit Commitments under this Section 2.06, the Letter of Credit Sublimit exceeds the amount of the Revolving Credit Facility at such time, the Letter of Credit Sublimit shall be automatically reduced by the amount of
such excess. 
 (iv) The aggregate Revolving Credit Commitments with respect to any Tranche of the Revolving Credit Facility shall
automatically and permanently be reduced to zero on the Maturity Date with respect to such Tranche of the Revolving Credit Facility. 
 (c)
Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the applicable Lenders of the applicable Facility of any termination or reduction of the Commitments under any Term Loan Tranche, the Letter
of Credit Sublimit or the Revolving Credit Commitment under this Section 2.06. Upon any reduction of Commitments under a Facility or a Tranche thereof, the Commitment of each Lender under such Facility or Tranche thereof shall be reduced by
such Lender’s ratable share of the amount by which such Facility or Tranche thereof is reduced (other than the termination of the Commitment of any Lender as provided in Section 3.08). All commitment fees accrued until the effective date
of any termination of the Aggregate Commitments and unpaid, shall be paid on the effective date of such termination. For the avoidance of doubt, to the extent that any portion of the Revolving Credit Loans have been refinanced with one or more new
revolving credit facilities constituting Specified Refinancing Debt, any prepayments of revolving Loans made pursuant to this Section 2.06 (other than any prepayments of revolving Loans made pursuant to Section 2.06(b)(ii)) shall be
allocated ratably among the Revolving Tranches. 
 Section 2.07 Repayment of Loans. 

(a) Initial Term Loans. The Borrowers shall repay to the Administrative Agent for the ratable account of the applicable Term Lenders the
aggregate principal amount of all Initial Term Loans outstanding in consecutive quarterly installments as follows (which installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the
order of priority set forth in Sections 2.05 and 2.06, or be increased as a result of any increase in the amount of Initial Term Loans pursuant to Section 2.14 (such increased amortization payments to be calculated in the same manner (and on
the same basis) as the schedule set forth below for the Initial Term Loans made as of the Closing Date)): 
  

			
	 Date
	  	 Amount

	The last Business Day of each fiscal quarter ending prior to the Maturity Date for the Term Facilities starting with the fiscal quarter ending on September 30, 2015	  	0.25% of the aggregate principal amount of the aggregate initial principal amount of the Initial Term Loans on the Closing Date
		
	Maturity Date for the Term Facility	  	all unpaid aggregate principal amounts of any outstanding Initial Term Loans

 provided, however, that the final principal repayment installment of the Initial Term Loans shall be repaid on
the Maturity Date for the Initial Term Loans and in any event shall be in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date. 

(b) Revolving Credit Loans. The Borrowers shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on
the applicable Maturity Date for the Revolving Credit Facilities of a given Tranche the aggregate principal amount of all of its Revolving Credit Loans of such Tranche outstanding on such date. 

  
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 (c) All Loans shall be repaid, whether pursuant to this Section 2.07 or otherwise, in
the currency in which they were made. 
 Section 2.08 Interest. 

(a) Subject to the provisions of the following sentence, (i) each Eurocurrency Rate Loan under a Facility shall bear interest on the
outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of (A) the Adjusted Eurocurrency Rate for such Interest Period plus (B) the Applicable Rate for Eurocurrency Rate Loans under such Facility;
and (ii) each Base Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof from the applicable borrowing date or conversion date, as the case may be, at a rate per annum equal to the sum of (A) the Base
Rate plus (B) the Applicable Rate for Base Rate Loans under such Facility. The Borrowers shall pay interest on all overdue Obligations hereunder, which shall include all Obligations following an acceleration pursuant to Section 8.02
(including an automatic acceleration) at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. Accrued and unpaid interest on past due amounts (including interest on past due
interest) shall be due and payable upon demand. 
 (b) Accrued 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; provided that in the event of any repayment or prepayment of any Loan (other than Revolving Credit Loans bearing interest based on the Base Rate that are
repaid or prepaid without any corresponding termination or reduction of the Revolving Credit Commitments other than as set forth in Section 2.14(e)), accrued interest on the principal amount repaid or prepaid shall be payable on the date of
such repayment or prepayment. 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. 

(c) Interest on each Loan shall be payable in the currency in which each Loan was made. 

(d) All computations of interest hereunder shall be made in accordance with Section 2.10 of this Agreement. 

Section 2.09 Fees. In addition to certain fees described in Sections 2.03(h) and (i): 

(a) Commitment Fee. The Borrowers shall pay to the Administrative Agent for the account of each Revolving Credit Lender in accordance
with its Pro Rata Share of each Tranche of the Revolving Credit Facility, a commitment fee equal to the Applicable Commitment Fee multiplied by the actual daily amount by which the aggregate Revolving Credit Commitments under such Tranche exceed the
sum of (A) the Outstanding Amount of Revolving Credit Loans under such Tranche and (B) the Outstanding Amount of L/C Obligations under such Tranche, subject to adjustment as provided in Section 2.17. The commitment fee shall accrue at
all times from the Closing Date until the Maturity Date for the Revolving Credit Facility, and shall be due and payable quarterly in arrears on the last Business Day of each fiscal quarter, commencing with the last Business Day of the first full
fiscal quarter to end following the Closing Date, and on the Maturity Date for the Revolving Credit Facility. 
 (b) Other Fees. The
Borrowers shall pay to the Lenders, the Arrangers and the Administrative Agent such fees as shall have been separately agreed upon in writing in the amounts and at the times so specified. 

Section 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate. 

(a) All computations of interest for Base Rate Loans 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. 

  
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 (b) If, as a result of any restatement of or other adjustment to the financial statements of
Holdings or for any other reason, the Parent Borrower or the Lenders determine that (i) the First Lien Net Leverage Ratio as calculated by the Parent Borrower as of any applicable date was inaccurate and (ii) a proper calculation of such
ratio would have resulted in higher interest and/or fees for any period, the Borrowers shall be obligated to pay to the Administrative Agent for the account of the applicable Lenders or the applicable 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 any Borrower under the Bankruptcy Code of the United States, automatically and with any such demand by the
Administrative Agent being excused), 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 clause shall not limit the
rights of the Administrative Agent, any Lender or the applicable L/C Issuer, as the case may be, under Section 2.03(d)(iii), Section 2.03(h) or (i), Section 2.08(b) or under Article VIII. The Borrowers’ obligations under this
Section 2.10(b) shall survive the termination of the Aggregate Commitments and acceleration of the Loans pursuant to Section 8.02 and the repayment of all other Obligations after an acceleration of the Loans pursuant to Sections 8.02.
Except in any case where a demand is excused as provided above, any additional interest and fees under this Section 2.10(b) shall not be due and payable until a demand is made for such payment by the Administrative Agent and accordingly, any
nonpayment of such interest and fees as result of any such inaccuracy shall not constitute a Default (whether retroactively or otherwise), and none of such additional amounts shall be deemed overdue or accrue interest at the Default Rate, in each
case at any time prior to the date that is five Business Days following such demand. 
 Section 2.11 Evidence of Indebtedness.

 (a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and
evidenced by one or more entries in the Register maintained by the Administrative Agent, acting solely for purposes of Treasury Regulations Section 5f.103-1(c), as a
non-fiduciary agent for the Borrowers, in each case in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be prima facie evidence absent
manifest error of the amount of the Credit Extensions made by the Lenders to the Borrowers and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit the obligation of the Borrowers 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 Borrowers shall execute and deliver to such Lender (through the Administrative Agent) a
Note payable to such Lender, which shall evidence such Lender’s Loans in addition to such accounts or records. 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 Section 2.11(a), each Lender and the
Administrative Agent shall maintain in accordance with its usual practice accounts or records and, in the case of the Administrative Agent, entries in the Register, evidencing the purchases and sales by such Lender of participations in Letters of
Credit. 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. 
 (c) Entries made in good faith by the Administrative Agent in the Register pursuant to Sections 2.11(a) and
(b), and by each Lender in its accounts or records pursuant to Sections 2.11(a) and (b), shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from the Borrowers to, in the case of the
Register, each Lender and, in the case of such accounts or records, such Lender, under this Agreement and the other Loan Documents, absent manifest error; provided that the failure of the Administrative Agent or such Lender to make an entry,
or any finding that an entry is incorrect, in the Register or such accounts or records shall not limit the obligations of the Borrowers under this Agreement and the other Loan Documents. 

  
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 Section 2.12 Payments Generally; Administrative Agent’s Clawback. 

(a) General. All payments to be made by the Borrowers shall be made without condition or deduction for any counterclaim, defense,
recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrowers 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. (New York City time) on the date specified herein. The Administrative Agent will promptly distribute to each Lender its ratable share in respect of the
relevant Facility or Tranche thereof (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.
(New York City time) shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrowers 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; provided, however, that, if such extension would cause payment of interest on or
principal of Eurocurrency Rate Loans to be made in the next succeeding calendar month, such payment shall be made on the immediately preceding Business Day. 

(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 Eurocurrency Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 p.m. (New York City time) 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 and at the time required by Section 2.02(b) and may, in
reliance upon such assumption, make available to the Borrowers a corresponding amount. In such event, if any Lender does not in fact make its share of the applicable Borrowing available to the Administrative Agent, then such Lender and the Borrowers
severally agree to pay to the Administrative Agent forthwith on demand an amount equal to such applicable share in immediately available funds with interest thereon, for each day from and including the date such amount is made available to the
Borrowers by the Administrative Agent 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 reasonably determined by the
Administrative Agent in accordance with banking industry rules on interbank compensation, plus any reasonable 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 Borrowers, the interest rate applicable to Base Rate Loans under the applicable Facility. If both the Borrowers and such Lender pay such interest to the Administrative Agent for the same or an overlapping
period, the Administrative Agent shall promptly remit to the Borrowers the amount of such interest paid by the Borrowers for such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid
(less interest and fees) shall constitute such Lender’s Loan included in such Borrowing. Any payment by the Borrowers shall be without prejudice to any claim the Borrowers may have against a Lender that shall have failed to make its share of
any Borrowing available to the Administrative Agent. 
 (ii) Payments by the Borrowers; Presumptions by Administrative Agent. Unless
the Administrative Agent shall have received notice from the Borrowers prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or an L/C Issuer hereunder that the Borrowers will not make such payment,
the Administrative Agent may assume that the Borrowers have made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Appropriate Lenders or the applicable L/C Issuer, as the case may be, the
amount due. In such event, if the Borrowers do not in fact make such payment, then each of the Appropriate Lenders or the applicable 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 such L/C Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed by the Administrative Agent to but excluding the date of payment to the
Administrative Agent, at the greater of the Federal Funds Rate and a rate reasonably determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, plus any reasonable administrative, processing or
similar fees customarily charged by the Administrative Agent in connection with the foregoing. 
 A notice of the Administrative Agent to
any Lender or the Borrowers with respect to any amount owing under this Section 2.12(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 Borrowers 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 on demand, without interest. 

  
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 (d) Obligations of the Lenders Several. The obligations of the Lenders hereunder to
make Loans, to fund participations in Letters of Credit and to make payments pursuant to Section 9.07 are several and not joint. The failure of any Lender to make any Loan or to fund any such participation or to make any payment under
Section 9.07 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 or, to fund its
participation or to make its payment under Section 9.07. 
 (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. 

(f) Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all
amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the
amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C
Borrowings then due to such parties. 
 (g) Unallocated Funds. If the Administrative Agent receives funds for application to the
Obligations of the Loan Parties under or in respect of the Loan Documents under circumstances for which the Loan Documents do not specify the manner in which such funds are to be applied, the Administrative Agent may, but shall not be obligated to,
elect to distribute such funds to each of the Lenders in accordance with such Lender’s ratable share of the sum of (a) the Outstanding Amount of all Loans outstanding at such time and (b) the Outstanding Amount of all L/C Obligations
outstanding at such time, in repayment or prepayment of such of the outstanding Loans or other Obligations then owing to such Lender. 

Section 2.13 Sharing of Payments. If, other than as expressly provided elsewhere herein (including the application of funds
arising from the existence of a Defaulting Lender), any Lender shall obtain on account of the Loans made by it, or the participations in L/C Obligations held by it, any payment (whether voluntary, involuntary, through the exercise of any right of
setoff, or otherwise) in excess of its ratable share (or other share contemplated hereunder) thereof, such Lender shall immediately (a) notify the Administrative Agent of such fact and (b) purchase from the other Lenders such
participations in the Loans made by them and/or such subparticipations in the participations in L/C Obligations held by them, as the case may be, as shall be necessary to cause such purchasing Lender to share the excess payment in respect of such
Loans or such participations, as the case may be, pro rata with each of them; provided, however, that if all or any portion of such excess payment is thereafter recovered from the purchasing Lender under any of the circumstances
described in Section 10.06 (including pursuant to any settlement entered into by the purchasing Lender in its discretion), such purchase shall to that extent be rescinded and each other Lender shall repay to the purchasing Lender the purchase
price paid therefor, together with an amount equal to such paying Lender’s ratable share (according to the proportion of (i) the amount of such paying Lender’s required repayment to (ii) the total amount so recovered from the
purchasing Lender) of any interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered, without further interest thereon. The Borrowers agree that any Lender so purchasing a participation from another
Lender may, to the fullest extent permitted by Law, exercise all its rights of payment (including the right of setoff, but subject to Section 10.09) with respect to such participation as fully as if such Lender were the direct creditor of each
Borrower in the amount of such participation. The Administrative Agent will keep records (which shall be conclusive and binding in the absence of manifest error) of participations purchased under this Section 2.13 and will in each case notify
the Lenders following any such purchases or repayments. Each Lender that purchases a participation pursuant to this Section 2.13 shall from and after such purchase have the right to give all notices, requests, demands, directions and other
communications under this Agreement with respect to the portion of the Obligations purchased to the same extent as though the purchasing Lender were the original owner of the Obligations purchased. For the avoidance of doubt, the provisions of this
Section shall not be construed to apply to (A) the application of Cash Collateral provided for in Section 2.16, (B) the assignments and participations (including 

  
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by means of a Dutch Auction and open market debt repurchases) described in Section 10.07, (C) (i) the incurrence of any New Term Loans in accordance with Section 2.14, (ii) the
prepayment of Revolving Credit Loans in accordance with Section 2.14(e) in connection with a Revolving Commitment Increase or (iii) any Specified Refinancing Debt in accordance with Section 2.18, (D) any loan modification offer
described in Section 10.01, or (E) any applicable circumstances contemplated by Sections 2.05(b), 2.14, 2.17 or 3.08. 

Section 2.14 Incremental Facilities. 

(a) The Borrowers may, from time to time after the Closing Date, upon notice by the Borrowers to the Administrative Agent and the Person
appointed by the Borrowers to arrange an incremental Facility (such Person (who (i) may be the Administrative Agent, if it so agrees, or (ii) any other Person appointed by the Borrowers after consultation with the Administrative Agent;
provided that such Person may not be an Affiliate of any Borrower), the “Incremental Arranger”) specifying the proposed amount thereof, request (i) an increase in the Commitments under any Revolving Tranche (which shall be on
the same terms as, and become part of, the Revolving Tranche proposed to be increased) (a “Revolving Credit Commitment Increase”), (ii) an increase in any Term Loan Tranche then outstanding (which shall be on the same terms as, and
become part of, the Term Loan Tranche proposed to be increased hereunder (except as otherwise provided in clause (d) below with respect to amortization)) (each, a “Term Commitment Increase”), (iii) the addition of one or more
new revolving credit facilities to the Facilities (each, a “New Revolving Facility” and, any advance made by a Lender thereunder, a “New Revolving Loan”; and the commitments thereof, the “New Revolving
Commitment”) and (iv) the addition of one or more new term loan facilities (each, a “New Term Facility”; and any advance made by a Lender thereunder, a “New Term Loan”; and the commitments thereof, the
“New Term Commitment” and together with the Revolving Credit Commitment Increase, the New Revolving Commitments and the Term Commitment Increase, the “New Loan Commitments”) by an amount not to exceed the sum of (x)
$150,000,000 (the “Cash-Capped Incremental Facility”), (y) an unlimited amount (the “Ratio-Based Incremental Facility”) so long as the Maximum First Lien Leverage Requirement
is satisfied and (z) an amount equal to all voluntary prepayments of Term Loans made pursuant to Section 2.05(a) and voluntary prepayments of Revolving Credit Loans made pursuant to Section 2.05(a) to the extent accompanied by a
corresponding, permanent reduction in the Revolving Credit Commitments pursuant to Section 2.06(a), in each case, to the extent not funded with the proceeds of long term Indebtedness (the
“Prepayment-Based Incremental Facility”) (such sum, at any such time, the “Incremental Amount”); provided that any such request for an increase shall be in a minimum
amount of the lesser of (x) $20,000,000 and (y) the entire amount of any increase that may be requested under this Section 2.14; provided, further, that for purposes of any New Loan Commitments established pursuant to this
Section 2.14 and New Incremental Notes issued pursuant to Section 2.15, (A) the Borrowers shall be deemed to have used amounts under clause (z), if any, prior to utilization of the Cash-Capped Incremental Facility and the Ratio-Based Incremental Facility, and the Borrowers shall be deemed to have used the Ratio-Based Incremental Facility (to the extent permitted by the pro forma calculation of
the First Lien Gross Leverage Ratio) prior to utilization of the Cash-Capped Incremental Facility and (B) New Loan Commitments pursuant to this Section 2.14 and New Incremental Notes pursuant to Section 2.15 may be incurred under
clauses (x), (y) and (z) above, and proceeds from any such incurrence under clauses (x), (y) and (z) above may be utilized in a single transaction by first calculating the incurrence under clause (y) (without inclusion of any amounts
utilized pursuant to clause (x)) and then calculating the incurrence under clause (x)). The Borrowers may designate any Incremental Arranger of any New Loan Commitments with such titles under the New Loan Commitments as Borrowers may deem
appropriate. 
 (b) Any Lender approached to participate in any New Loan Commitments may elect or decline, in its sole discretion, to
participate in such increase or new facility. The Borrowers may also invite additional Eligible Assignees reasonably satisfactory to the Incremental Arranger and, solely in connection with a Revolving Credit Commitment Increase, with the consent of
the Administrative Agent and each L/C Issuer (to the extent the consent of any of the foregoing would be required to assign Revolving Credit Loans to such Eligible Assignee, which consent shall not be unreasonably withheld or delayed) to become
Lenders pursuant to a joinder agreement to this Agreement. Neither the Administrative Agent nor the Collateral Agent (in their respective capacities as such) shall be required to execute, accept or acknowledge any joinder agreement pursuant to this
Section 2.14 and such execution shall not be required for any such joinder agreement to be effective; provided that, with respect to any New Loan Commitments, the Parent Borrower must provide to the Administrative Agent the documentation
providing for such New Loan Commitments. 

  
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 (c) If (i) a Revolving Tranche or a Term Loan Tranche is increased in accordance with
this Section 2.14 or (ii) a New Term Loan Facility or New Revolving Facility is added in accordance with this Section 2.14, the Administrative Agent and the Borrowers shall determine the effective date (the “Increase Effective
Date”) and the final allocation of such increase, New Term Facility or New Revolving Facility among the applicable Lenders. The Incremental Arranger shall promptly notify the applicable Lenders of the final allocation of such increase, New
Term Facility or New Revolving Facility and the Increase Effective Date. In connection with (i) any increase in a Term Loan Tranche or Revolving Tranche or (ii) any addition of a New Term Facility or New Revolving Facility, in each case,
pursuant to this Section 2.14, this Agreement and the other Loan Documents may be amended in a writing (which may be executed and delivered by the Borrowers and the Incremental Arranger (and the Lenders hereby authorize any such Incremental
Arranger to execute and deliver any such documentation)) in order to establish the New Term Facility or New Revolving Facility or to effectuate the increases to the Term Loan Tranche or Revolving Tranche and to reflect any technical changes
necessary or appropriate to give effect to such increase or new facility in accordance with its terms as set forth herein. As of the Increase Effective Date, in the case of an increase to an existing Term Loan Tranche, the amortization schedule for
the Term Loan Tranche then increased set forth in Section 2.07(a) (or any other applicable amortization schedule for New Term Loans or Specified Refinancing Term Loans) shall be amended in a writing (which may be executed and delivered by the
Borrowers and the Incremental Arranger (and the Lenders hereby authorize any such Incremental Arranger to execute and deliver any such documentation)) to increase the then-remaining unpaid installments of
principal by an aggregate amount equal to the additional Loans under such Term Loan Tranche being made on such date, such aggregate amount to be applied to increase such installments ratably in accordance with the amounts in effect immediately prior
to the Increase Effective Date. 
 (d) With respect to any Revolving Credit Commitment Increase, Term Commitment Increase or addition of New
Term Facility or New Revolving Facility pursuant to this Section 2.14, (i) no Event of Default (subject to Section 1.02(i) in connection with any acquisition or investment) would exist after giving effect to such increase; (ii) (A) in
the case of any increase of the Revolving Tranche, (1) the final maturity shall be the same as the Maturity Date applicable to the Revolving Credit Facility, (2) no amortization or mandatory commitment reduction prior to the Maturity Date
applicable to the Revolving Credit Facility shall be required and (3) the terms and documentation applicable to the Revolving Credit Facility shall apply, (B) in the case of any New Revolving Facility, (1) the final maturity shall be
no earlier than the Maturity Date applicable to the Revolving Credit Facility and (2) no amortization or mandatory commitment reduction prior to the Maturity Date applicable to the Revolving Credit Facility shall be required, (C) in the
case of any increase of a Term Loan Tranche, the final maturity of the Term Loans, New Term Loans or Specified Refinancing Term Loans increased pursuant to this Section shall be no earlier than the Latest Maturity Date for, and such additional Loans
shall not have a Weighted Average Life to Maturity shorter than the longest remaining weighted average life of, any other outstanding Term Loans, New Term Loans or Specified Refinancing Term Loans, as applicable, and (D) in the case of any New
Term Facility, such New Term Facility shall have a final maturity no earlier than the then Latest Maturity Date of any Term Loan Tranche and the Weighted Average Life to Maturity of such New Term Facility shall be no shorter than that of any
existing Term Loan Tranche; (iii) except with respect to All-in Yield and as set forth in subclause (D) above with respect to final maturity and Weighted Average Life to Maturity, or otherwise as
shall be reasonably satisfactory to the Incremental Arranger, any such New Term Facility or New Revolving Facility shall have the same terms as the Term Facility or Revolving Credit Facility, respectively; provided, that (x) to the
extent such terms are more favorable than comparable terms existing in the Loan Documents, such terms may be incorporated into this Agreement (or any other applicable Loan Document) for the benefit of all existing Lenders (to the extent applicable
to such Lender) without further amendment requirements, including, for the avoidance of doubt, at the option of the Borrowers, any increase in the Applicable Rate relating to any existing Term Facility to bring such Applicable Rate in line with the
New Term Facility to achieve fungibility with such existing Term Facility and (y) otherwise, may be incorporated if reasonably satisfactory to the Incremental Arranger and the Administrative Agent and (iv) to the extent reasonably
requested by the Incremental Arranger, the Incremental Arranger shall have received legal opinions, resolutions, officers’ certificates and/or reaffirmation agreements consistent with those delivered on the Closing Date under Section 4.01
or delivered from time to time pursuant to Section 6.12, Section 6.14 and/or Section 6.16 with respect to Holdings and the Borrowers and each material Subsidiary Guarantor that is organized in a jurisdiction for which counsel to the
Administrative Agent advises that such deliveries are reasonably necessary to preserve the Collateral in such jurisdiction (other than changes to such legal opinions resulting from a change in Law, change in fact or change to counsel’s form of
opinion reasonably satisfactory to the Incremental Arranger). Notwithstanding the foregoing, the conditions precedent to each such increase or New Loan Commitment shall be agreed to by the Lenders providing such increase or New Loan Commitment, as
applicable, and the Borrowers. 
  

  
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 (e) On the Increase Effective Date with respect to an increase to an existing Revolving
Tranche, (x) each Revolving Credit Lender immediately prior to such increase will automatically and without further act be deemed to have assigned to each Lender providing a portion of the increase to the Revolving Credit Commitments (each, a
“Revolving Commitment Increase Lender”), and each such Revolving Commitment Increase Lender will automatically and without further act be deemed to have assumed, a portion of such Revolving Credit Lender’s participations
hereunder in outstanding L/C Obligations such that, after giving effect to each such deemed assignment and assumption of participations, the percentage of the aggregate outstanding participations hereunder in L/C Obligations will equal the
percentage of the aggregate Revolving Credit Commitments of all Revolving Credit Lenders represented by such Revolving Credit Lender’s Revolving Credit Commitment and (y) if, on the date of such increase, there are any Revolving Credit
Loans outstanding, such Revolving Credit Loans shall on or prior to the Increase Effective Date be prepaid from the proceeds of Revolving Credit Loans made hereunder (reflecting such increase in Revolving Credit Commitments), which prepayment shall
be accompanied by accrued interest on the Revolving Credit Loans being prepaid and any costs incurred by any Lender in accordance with Section 3.06. The Administrative Agent and the Lenders hereby agree that the minimum borrowing, pro rata
borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. The additional Term Loans made under the Term Loan Tranche subject to the
increases shall be made by the applicable Lenders participating therein pursuant to the procedures set forth in Sections 2.01 and 2.02 and on the date of the making of such new Term Loans, and notwithstanding anything to the contrary set forth in
Sections 2.01 and 2.02, such new Loans shall be added to (and form part of) each Borrowing of outstanding Term Loans under such Term Loan Tranche on a pro rata basis (based on the relative sizes of the various outstanding Borrowings),
so that each Lender under such Term Loan Tranche will participate proportionately in each then outstanding Borrowing of Term Loans under the Term Loan Tranche. 

(f) (i) Any New Revolving Facility and New Term Facility shall rank pari passu in right of payment with the other
Facilities, not be Guaranteed by any Person that is not a Borrower or Guarantor under each of the other Facilities, and be unsecured, secured either on a first lien “equal and ratable” basis with the other Facilities or on a
“junior” basis with the other Facilities, in each case over the same (or less) Collateral that secures the Facilities (and in each case, the application of any proceeds of the Collateral securing such New Revolving Facility or New Term
Facility shall be subject to intercreditor arrangements that are reasonably satisfactory to the Administrative Agent), (ii) the New Term Facility or New Revolving Facility, as applicable, shall, for purposes of prepayments, be treated substantially
the same as (and in any event no more favorably than) the Term Facility or Revolving Credit Facility, as the case may be, unless the Borrowers otherwise elect (but in any event no more favorably than the existing Term Loans or Revolving Credit
Loans, as applicable), and (iii) with respect to any New Term Facility incurred on or prior to the date that is eighteen months after the Closing Date, the All-in Yield applicable to such New Term Facility shall be determined by the Borrowers
and the Lenders providing such New Term Facility and shall not be more than 50 basis points higher than the corresponding All-in Yield for the Initial Term Loans, unless the
All-in Yield with respect to the Initial Term Loans is increased to the amount necessary so that the difference between the All-in Yield with respect to such New Term
Facility and the corresponding All-in Yield on the Initial Term Loans is equal to 50 basis points. 
 (g) If the Incremental Arranger is not
the Administrative Agent, the actions authorized to be taken by the Incremental Arranger herein shall be done in consultation with the Administrative Agent and, with respect to the preparation of any documentation necessary or appropriate to carry
out the provisions of this Section 2.14 (including amendments to this Agreement and the other Loan Documents), any comments to such documentation reasonably requested by the Administrative Agent shall be reflected therein. 

Section 2.15 New Incremental Notes. 

(a) The Borrowers or any Guarantor may from time to time after the Closing Date, upon notice by the Borrowers to the Administrative Agent,
specifying in reasonable detail the proposed terms thereof, request to issue one or more series of senior secured, senior unsecured, senior subordinated or subordinated notes (which notes, if secured by the Collateral, are secured on a first lien
“equal and ratable” basis with the Liens securing the Obligations or secured on a “junior” basis with the Liens securing the Obligations) and guaranteed only by Loan Parties or 

  
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entities who become Loan Parties (such notes, collectively, “New Incremental Notes”) in an amount not to exceed the Incremental Amount (at the time of issuance); provided
that (i) no Event of Default would exist after giving Pro Forma Effect to any such request, subject to Section 1.02(i), and (ii) any such issuance of New Incremental Notes shall be in a minimum amount of the lesser of (x) $20,000,000
and (y) the entire amount that may be requested under this Section 2.15; provided, further, that any Incremental Commitments established pursuant to Section 2.14 and New Incremental Notes issued pursuant to this
Section 2.15, (A) will count, first, to reduce the amount available under Prepayment-Based Incremental Facilities, second, to reduce the amount available under the Ratio-Based Incremental Facilities (to
the extent permitted by the pro forma calculation of the First Lien Gross Leverage Ratio required) and, third, to reduce the maximum amount under the Cash-Capped Incremental Facilities and (B) New Incremental Notes pursuant to this
Section 2.15 may be incurred under the Ratio-Based Incremental Facilities, the Cash-Capped Incremental Facilities and the
Prepayment-Based Incremental Facilities, and proceeds from any such incurrence may be utilized in a single transaction, by first calculating the incurrence under the
Ratio-Based Incremental Facilities (without inclusion of any amounts utilized pursuant to the Cash-Capped Incremental Facilities) and then calculating the incurrence
under the Cash-Capped Incremental Facilities. The Borrowers, after consultation with the Administrative Agent, may appoint any Person that is not an Affiliate of any Borrower as arranger of such New Incremental Notes (such Person (who may be the
Administrative Agent, if it so agrees), the “Incremental Notes Arranger”). 
 (b) As a condition precedent to the issuance
of any New Incremental Notes pursuant to this Section 2.15, (i) such New Incremental Notes shall not be Guaranteed by any Person that is not a Loan Party or that does not become a Loan Party, (ii) to the extent secured by the Collateral,
such New Incremental Notes shall be subject to intercreditor arrangements that are reasonably satisfactory to the Incremental Notes Arranger and, if such Incremental Notes Arranger is not the Administrative Agent, the Administrative Agent,
(iii) such New Incremental Notes shall have a final maturity no earlier than the then Latest Maturity Date, (iv) the Weighted Average Life to Maturity of such New Incremental Notes shall not (A) be shorter than that of any
then-existing Term Loan Tranche, or (B) to the extent unsecured, be subject to any amortization prior to the final maturity thereof, or be subject to any mandatory redemption or prepayment provisions or rights (except (x) customary assets
sale, event of loss or similar event or change of control provisions and customary acceleration rights after an event of default or (y) so-called “AHYDO” payments), (v) such New Incremental
Notes shall not be subject to any mandatory redemption or prepayment provisions or rights (except to the extent any such mandatory redemption or prepayment is required to be applied pro rata to the Term Loans and other Indebtedness that is secured
on a pari passu basis with the Obligations) and (vi) the covenants, events of default, guarantees, collateral and other terms of such New Incremental Notes are customary for similar debt securities in light of
then-prevailing market conditions at the time of issuance (it being understood that (x) no New Incremental Notes shall include any financial maintenance covenants (including indirectly by way of a cross-default to this Agreement), but that customary cross-acceleration provisions may be included and (y) any negative covenants with respect to indebtedness, investments, liens or restricted payments shall be
incurrence-based) (provided that a certificate of a Responsible Officer of the Parent Borrower delivered to the Incremental Notes Arranger in good faith at least five Business Days prior to the
incurrence of such New Incremental Notes, together with a reasonably detailed description of the material terms and conditions of such New Incremental Notes or drafts of the documentation relating thereto, stating that the Parent Borrower has
determined in good faith that such terms and conditions satisfy the requirement set forth in this clause (b), shall be conclusive evidence that such terms and conditions satisfy such requirement unless the Incremental Notes Arranger provides notice
to the Parent Borrower of its objection during such five Business Day period (including a reasonable description of the basis upon which it objects) and provided, further, that if the terms of the New Incremental Notes are
substantially identical to the Senior Notes, the conditions in this clause (b) shall be deemed to be satisfied). Notwithstanding the foregoing, the conditions precedent to each such increase shall be agreed to by the Lenders providing such
increase and the Parent Borrower. 
 (c) The Lenders hereby authorize the Incremental Notes Arranger (and the Lenders hereby authorize the
Incremental Notes Arranger to execute and deliver such amendments) to enter into amendments to this Agreement and the other Loan Documents with the Borrowers as may be necessary in order to secure any New Incremental Notes with the Collateral and/or
to make such technical amendments as may be necessary or appropriate in the reasonable opinion of the Incremental Notes Arranger and the Borrowers in connection with the issuance of such New Incremental Notes, in each case on terms consistent with
this Section 2.15. If the Incremental Notes Arranger is not the Administrative Agent, the actions authorized to be taken by the Incremental Notes Arranger herein shall be done in consultation with the Administrative Agent and, with respect to
applicable documentation (including amendments to this Agreement and the other Loan Documents), any comments to such documentation reasonably requested by the Administrative Agent shall be reflected therein. 

  
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 Section 2.16 Cash Collateral. 

(a) Upon the request of the Administrative Agent or the applicable L/C Issuer (i) if the applicable 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 or (ii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, the Borrowers shall, in each
case, immediately deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover 103% of the then Outstanding Amount of all L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request
of the Administrative Agent or the applicable L/C Issuer, the Borrowers shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover 103% of all Fronting Exposure of such Defaulting Lender after giving effect to
Section 2.17(a)(iv) and any Cash Collateral provided by such Defaulting Lender. 
 (b) All Cash Collateral (other than credit support
not constituting funds subject to deposit) shall be maintained in blocked, interest bearing deposit accounts at the Administrative Agent or the Collateral Agent (or other financial institution selected by any of them). The Borrowers, and to the
extent provided by any Lender, such Lender, hereby grants to (and subjects to the control of) the Administrative Agent and the Collateral Agent, for the benefit of the Administrative Agent, the applicable 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 2.16(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 as herein provided
or that the total amount of such Cash Collateral is less than the applicable Fronting Exposure and other obligations secured thereby, the Borrowers and the relevant Defaulting Lender shall, 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. 
 (c) Notwithstanding
anything to the contrary contained in this Agreement, Cash Collateral provided under any of this Section 2.16 or Sections 2.03, 2.04, 2.05, 2.06, 2.17, 8.02 or 8.04 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 be provided for herein. 
 (d) Cash Collateral (or the appropriate portion
thereof) provided to reduce Fronting Exposure or other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure (after giving effect to such release) 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 10.07(b)(viii))) or (ii) the Administrative Agent’s good faith determination that
there exists excess Cash Collateral; provided, however, (x) that Cash Collateral furnished by or on behalf of a Loan Party shall not be released during the continuance of a Default under Sections 8.01(a), (f) or (g) or an
Event of Default (and following application as provided in this Section 2.16 may be otherwise applied in accordance with Section 8.04) and (y) the Person providing Cash Collateral and the applicable L/C Issuer may agree that Cash
Collateral shall not be released but instead held to support future anticipated Fronting Exposure or other obligations. 
 Section 2.17
Defaulting Lenders. 
 (a) 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) That
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 Section 10.01. 

  
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 (ii) Any payment of principal, interest, fees or other amounts received by the
Administrative Agent for the account of that Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VIII or otherwise, and including any amounts made available to the Administrative Agent by that Defaulting Lender
pursuant to Section 10.09), 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 that Defaulting Lender to the Administrative Agent hereunder;
second, to the payment on a pro rata basis of any amounts owing by that Defaulting Lender to the L/C Issuers hereunder; third, if so reasonably determined by the Administrative Agent or reasonably requested by the any L/C
Issuer, to be held as Cash Collateral for future funding obligations of that Defaulting Lender of any participation in any Letter of Credit; fourth, as the Borrowers may request (so long as no Default or Event of Default exists), to the
funding of any Loan in respect of which that Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the
Borrowers, to be held in a non-interest bearing deposit account and released in order to satisfy obligations of that Defaulting Lender to fund Loans under this Agreement; sixth, to the payment of any
amounts owing to the Lenders or any L/C Issuer as a result of any non-appealable judgment of a court of competent jurisdiction obtained by any Lender or any L/C Issuer against that Defaulting Lender as a
result of that Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default pursuant to Sections 8.01(a), (f) or (g) exists, to the payment of any amounts owing to the
Borrowers as a result of any non-appealable judgment of a court of competent jurisdiction obtained by the Borrowers against that Defaulting Lender as a result of that Defaulting Lender’s breach of its
obligations under this Agreement; and eighth, to that Defaulting Lender or as otherwise 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 that Defaulting Lender has not fully funded its appropriate share and (y) such Loans or L/C Borrowings were made 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 Borrowings 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 Borrowings
owed to, that Defaulting Lender. 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 2.17(a)(ii) shall be deemed paid to and redirected by that Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii) That Defaulting Lender (x) shall not be entitled to receive any commitment fee pursuant to Section 2.09(a) for any period
during which that Lender is a Defaulting Lender (and the Borrowers shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender) and (y) shall be limited in its right to receive
Letter of Credit fees as provided in Section 2.03(h). 
 (iv) During any period in which there is a Defaulting Lender, for purposes of
computing the amount of the obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit pursuant to Section 2.03, the Pro Rata Share of each non-Defaulting
Lender under a Revolving Tranche shall be determined without giving effect to the Commitment under such Revolving Tranche of that Defaulting Lender; provided that (i) each such reallocation shall be given effect unless an Event of
Default exists; and (ii) the aggregate obligation of each non-Defaulting Lender under a Revolving Tranche to acquire, refinance or fund participations in Letters of Credit issued under such Revolving
Tranche shall not exceed the positive difference, if any, of (1) the Commitment under such Revolving Tranche of that non-Defaulting Lender minus (2) the aggregate Outstanding Amount of the Loans
under such Revolving Tranche of that Revolving Credit Lender. 
 (b) If the Borrowers, the Administrative Agent and each L/C Issuer agree in
writing in their sole discretion that a Defaulting Lender should no longer be deemed to be 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 that portion of outstanding Loans of the other Lenders or take such other actions as the
Administrative Agent may reasonably determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit to be held on a pro rata basis by the Lenders in accordance with their ratable shares (without
giving effect to the application of Section 2.17(a)(iv)) in respect of that Lender, whereupon that 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 Borrowers 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 having been a Defaulting Lender. 

  
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 Section 2.18 Specified Refinancing Debt. 

(a) The Borrowers may, from time to time after the Closing Date, add one or more new term loan facilities and new revolving credit facilities
to the Facilities (“Specified Refinancing Debt”; and the commitments in respect of such new term facilities, the “Specified Refinancing Term Commitment” and the commitments in respect of such new revolving credit
facilities, the “Specified Refinancing Revolving Credit Commitment”) pursuant to procedures reasonably specified by any Person that is not an Affiliate of any Borrower appointed by the Borrowers, after consultation with the
Administrative Agent, as agent under such Specified Refinancing Debt (such Person (who may be the Administrative Agent, if it so agrees), the “Specified Refinancing Agent”) and reasonably acceptable to the Borrowers, to refinance
(i) all or any portion of any Term Loan Tranches then outstanding under this Agreement and (ii) all or any portion of any Revolving Tranches then in effect under this Agreement, in each case pursuant to a Refinancing Amendment;
provided that such Specified Refinancing Debt: (i) will rank pari passu in right of payment as the other Loans and Commitments hereunder; (ii) will not have obligors other than the Loan Parties or entities who shall
have become Loan Parties (it being understood that the roles of such obligors as Borrowers or guarantors with respect to such obligations may be interchanged); (iii) will be (x) unsecured or (y) secured by the Collateral on a first lien
“equal and ratable” basis with the Liens securing the Obligations or on a “junior” basis to the Liens securing the Obligations (in each case pursuant to intercreditor arrangements reasonably satisfactory to the Specified
Refinancing Agent and, if the Specified Refinancing Agent is not the Administrative Agent, the Administrative Agent); (iv) will have such pricing and optional prepayment terms as may be agreed by the Borrowers and the applicable Lenders thereof;
(v) (x) to the extent constituting revolving credit facilities, will not have a maturity date (or have mandatory commitment reductions or amortization) that is prior to the scheduled Maturity Date of the Revolving Tranche being refinanced and
(y) to the extent constituting term loan facilities, will have a maturity date that is not prior to the date that is the scheduled Maturity Date of, and will have a Weighted Average Life to Maturity that is not shorter than the Weighted Average
Life to Maturity of, the Term Loans being refinanced; (vi) any Specified Refinancing Term Loans shall share ratably in any prepayments of Term Loans pursuant to Section 2.05 (or otherwise provide for more favorable prepayment treatment for
the then outstanding Term Loan Tranches than the Specified Refinancing Term Loans); (vii) each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Sections 2.03 and 2.04) and participations in Letters of
Credit pursuant to Section 2.03 shall be allocated pro rata among the Revolving Tranches; (viii) subject to clauses (iv) and (v) above, will have terms and conditions (other than pricing and optional prepayment and
redemption terms) that are substantially identical to, or less favorable, when taken as a whole, to the lenders providing such Specified Refinancing Debt than, the terms and conditions of the Facilities and Loans being refinanced (as reasonably
determined by the Borrowers in good faith, which determination shall be conclusive evidence that such terms and conditions satisfy such requirement unless the Specified Refinancing Agent provides notice to the Borrowers of an objection (including a
reasonable description of the basis upon which it objects) within five Business Days after being notified of such determination by the Borrowers); and (ix) the Net Cash Proceeds of such Specified Refinancing Debt shall be applied, substantially
concurrently with the incurrence thereof, to the pro rata prepayment of outstanding Loans being so refinanced (and, in the case of Revolving Credit Loans, a corresponding amount of Revolving Credit Commitments shall be permanently
reduced), in each case pursuant to Section 2.05 and 2.06, as applicable, and the payment of fees, expenses and premiums, if any, payable in connection therewith; provided however, that such Specified Refinancing Debt (x) may
provide for any additional or different financial or other covenants or other provisions that are agreed among the Borrowers and the Lenders thereof and applicable only during periods after the then Latest Maturity Date in effect and (y) shall
not have a principal or commitment amount (or accreted value) greater than the Loans being refinanced (plus an amount equal to accrued interest, fees, discounts, premiums and expenses). Any Lender approached to provide all or a portion of any
Specified Refinancing Debt may elect or decline, in its sole discretion, to provide such Specified Refinancing Debt. To achieve the full amount of a requested issuance of Specified Refinancing Debt, and subject to the approval of the Administrative
Agent and each L/C Issuer in the case of Specified Refinancing Revolving Credit Commitments, the Borrowers may also invite additional Eligible Assignees to become Lenders in respect of such Specified Refinancing Debt pursuant to a joinder agreement
to this Agreement in form and substance reasonably satisfactory to the Specified Refinancing Agent. 

  
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 (b) The effectiveness of any Refinancing Amendment shall be subject to conditions as are
mutually agreed with the participating Lenders providing such Specified Refinancing Debt and to the extent reasonably requested by the Specified Refinancing Agent, receipt by the Specified Refinancing Agent of legal opinions, board resolutions,
officers’ certificates and/or reaffirmation agreements with respect to the Borrowers and the Guarantors, including any supplements or amendments to the Collateral Documents providing for such Specified Refinancing Debt to be secured thereby,
consistent with those delivered on the Closing Date under Section 4.01 or delivered from time to time pursuant to Section 6.12, 6.14 and/or Section 6.16 (other than changes to such legal opinions resulting from a change in Law, change
in fact or change to counsel’s form of opinion reasonably satisfactory to the Specified Refinancing Agent). The Lenders hereby authorize the Specified Refinancing Agent to enter into amendments to this Agreement and the other Loan Documents
with the Borrowers as may be necessary in order to establish new Tranches of Specified Refinancing Debt and to make such technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and the Borrowers
in connection with the establishment of such new Tranches, in each case on terms consistent with and/or to effect the provisions of this Section 2.18. 

(c) Each class of Specified Refinancing Debt incurred under this Section 2.18 shall be in an aggregate principal amount that is
(x) not less $15,000,000 and (y) an integral multiple of $1,000,000 in excess thereof. Any Refinancing Amendment may provide for the issuance of Letters of Credit for the account of the Borrowers in respect of a Revolving Tranche pursuant
to any revolving credit facility established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit under the Revolving Credit Commitments. 

(d) The Specified Refinancing Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Amendment. Each of the
parties hereto hereby agrees that, upon the effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Specified Refinancing Debt
incurred pursuant thereto (including the addition of such Specified Refinancing Debt as separate “Facilities” hereunder and treated in a manner consistent with the Facilities being refinanced, including for purposes of prepayments and
voting). Any Refinancing Amendment may, without the consent of any Person other than the Borrowers, the Specified Refinancing Agent and the Lenders providing such Specified Refinancing Debt, effect such amendments to this Agreement and the other
Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Specified Refinancing Agent and the Borrowers, to effect the provisions of or consistent with this Section 2.18. In addition, if so provided in the relevant
Refinancing Amendment and with the consent of each L/C Issuer, participations in Letters of Credit expiring on or after the scheduled Maturity Date in respect of a Revolving Tranche shall be reallocated from Lenders holding Revolving Credit
Commitments to Lenders holding extended revolving commitments in accordance with the terms of such Refinancing Amendment; provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding
extended revolving commitments, be deemed to be participation interests in respect of such extended revolving commitments and the terms of such participation interests (including the commission applicable thereto) shall be adjusted accordingly. If
the Specified Refinancing Agent is not the Administrative Agent, the actions authorized to be taken by the Specified Refinancing Agent herein shall be done in consultation with the Administrative Agent and, with respect to the preparation of any
documentation necessary or appropriate to carry out the provisions of this Section 2.18 (including amendments to this Agreement and the other Loan Documents), any comments to such documentation reasonably requested by the Administrative Agent
shall be reflected therein. 
 Section 2.19 Permitted Debt Exchanges. 

(a) Notwithstanding anything to the contrary contained in this Agreement, pursuant to one or more offers (each, a “Permitted Debt
Exchange Offer”) made from time to time by the Borrowers, the Borrowers may from time to time following the Closing Date consummate one or more exchanges of Term Loans for Permitted Debt Exchange Notes (each such exchange a
“Permitted Debt Exchange”), so long as the following conditions are satisfied: (i) no Event of Default shall have occurred and be continuing at the time the final offering document in respect of a Permitted Debt Exchange Offer
is delivered to the relevant Lenders, (ii) the aggregate principal amount (calculated on the face amount thereof) of Term Loans exchanged shall equal no more than the aggregate principal amount (calculated on the face amount thereof) of
Permitted Debt Exchange Notes issued in exchange for such Term Loans; provided that the aggregate principal amount of the Permitted Debt Exchange Notes may include accrued interest and premium (if any) under the Term Loans exchanged and
underwriting discounts, fees, 

  
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commissions and expenses in connection with the issuance of such Permitted Debt Exchange Notes, (iii) the aggregate principal amount (calculated on the face amount thereof) of all Term Loans
exchanged by the Borrowers pursuant to any Permitted Debt Exchange shall automatically be cancelled and retired by the Borrowers on the date of the settlement thereof (and, if requested by the Administrative Agent, any applicable exchanging Lender
shall execute and deliver to the Administrative Agent an Assignment and Acceptance, or such other form as may be reasonably requested by the Administrative Agent, in respect thereof pursuant to which the respective Lender assigns its interest in the
Term Loans being exchanged pursuant to the Permitted Debt Exchange to the Borrowers for immediate cancellation), (iv) if the aggregate principal amount of all Term Loans (calculated on the face amount thereof) tendered by Lenders in respect of the
relevant Permitted Debt Exchange Offer (with no Lender being permitted to tender a principal amount of Term Loans which exceeds the principal amount thereof actually held by it) shall exceed the maximum aggregate principal amount of such Term Loans
offered to be exchanged by the Borrowers pursuant to such Permitted Debt Exchange Offer, then the Borrowers shall exchange Term Loans subject to such Permitted Debt Exchange Offer tendered by such Lenders ratably up to such maximum amount based on
the respective principal amounts so tendered, (v) all documentation in respect of such Permitted Debt Exchange shall be consistent with the foregoing, and all written communications generally directed to the Lenders in connection therewith
shall be in form and substance consistent with the foregoing and made in consultation with the Borrowers and the Exchange Agent and (vi) any applicable Minimum Tender Condition (as defined below) shall be satisfied. 

(b) With respect to all Permitted Debt Exchanges effected by the Borrowers pursuant to this Section 2.19, (i) such Permitted Debt
Exchanges (and the cancellation of the exchanged Term Loans in connection therewith) shall not constitute voluntary or mandatory payments or prepayments for purposes of Section 2.05(a) or (b), and (ii) such Permitted Debt Exchange Offer
shall be made for not less than $10.0 million in aggregate principal amount of Term Loans; provided that subject to the foregoing clause (ii) the Borrowers may at its election specify as a condition (a “Minimum Tender
Condition”) to consummating any such Permitted Debt Exchange that a minimum amount (to be determined and specified in the relevant Permitted Debt Exchange Offer in the Borrowers’ discretion) of Term Loans of any or all applicable
Classes be tendered. 
 (c) In connection with each Permitted Debt Exchange, the Borrowers and the Exchange Agent shall mutually agree to
such procedures as may be necessary or advisable to accomplish the purposes of this Section 2.19 and without conflict with Section 2.19(d); provided that the terms of any Permitted Debt Exchange Offer shall provide that the date by
which the relevant Lenders are required to indicate their election to participate in such Permitted Debt Exchange shall be not less than a reasonable period (in the discretion of the Borrowers and the Exchange Agent) of time following the date on
which the Permitted Debt Exchange Offer is made. 
 (d) The Borrowers shall be responsible for compliance with, and hereby agrees to comply
with, all applicable securities and other laws and regulations in connection with each Permitted Debt Exchange, it being understood and agreed that (x) none of the Exchange Agent, the Administrative Agent nor any Lender assumes any
responsibility in connection with the Borrowers’ compliance with such laws and regulations in connection with any Permitted Debt Exchange and (y) each Lender shall be solely responsible for its compliance with any applicable “insider
trading” laws and regulations to which such Lender may be subject under the Securities Exchange Act of 1934, as amended, and/or other applicable securities laws and regulations. 

(e) If the Exchange Agent is not the Administrative Agent, the actions authorized to be taken by the Exchange Agent herein shall be done in
consultation with the Administrative Agent and, with respect to the preparation of any documentation necessary or appropriate to carry out the provisions of this Section 2.19, any comments to such documentation reasonably requested by the
Administrative Agent shall be reflected therein. 
 ARTICLE III. 

Taxes, Increased Costs Protection and Illegality 

Section 3.01 Taxes. 

(a) Any and all payments by or on account of any obligation of the Borrowers or any other Loan Party hereunder or under any other Loan Document
shall be made without deduction or withholding for any Taxes, except as required by applicable Law. If any applicable Law (as determined in the good faith discretion of an applicable withholding agent) requires the deduction or withholding of any
Tax from or in respect of any such payment, then 

  
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the Borrowers, the other applicable Loan Party, Administrative Agent or other applicable withholding agent shall be entitled to make such deduction or withholding and shall timely pay the full
amount deducted or withheld to the relevant Governmental Authority in accordance with applicable Law and, if such Tax is an Indemnified Tax, the sum payable by the Borrowers or other applicable Loan Party shall be increased as necessary so that
after all such deductions or withholdings have been made (including such deductions and withholdings 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 deduction or withholding been made. 
 (b) In addition but without duplication, the Loan Parties shall timely pay to the
relevant Governmental Authority in accordance with applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 

(c) The Loan Parties shall jointly and severally indemnify each Recipient, within 30 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 out-of-pocket 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 Borrowers by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent
manifest error. 
 (d) Within 30 days after any payment of Taxes by any Loan Party to a Governmental Authority pursuant to 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 the return reporting such payment or other evidence
of such payment reasonably satisfactory to the Administrative Agent. 
 (e) If any Recipient determines, in its sole discretion exercised in
good faith, that it has received a refund of any Indemnified Taxes as to which it has been indemnified pursuant to this Section 3.01 (including by the payment of additional amounts pursuant to this Section 3.01), it shall pay to the
indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made under this Section 3.01 with respect to the Indemnified Taxes giving rise to such refund), net of all
out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying
party, upon the request of such indemnified party, shall promptly repay to such indemnified party the amount paid over pursuant to this clause (e) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the
event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this clause (e), in no event will the indemnified party be required to pay any amount to an indemnifying
party pursuant to this clause (e) the payment of which would place the indemnified party in a less favorable net after-Tax position than the indemnified party 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 clause (e) shall not be construed to
require any indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to the indemnifying party or any other Person. 

(f) Each Lender agrees that, upon the occurrence of any event giving rise to the operation of Section 3.01(a) or (c) with respect to
such Lender it will, if requested by the Borrowers, use commercially reasonable efforts (subject to such Lender’s overall internal policies of general application and legal and regulatory restrictions) to avoid or reduce to the greatest extent
possible any indemnification or additional amounts being due under this Section 3.01, including to designate another Lending Office for any Loan or Letter of Credit affected by such event; provided that such efforts are made on terms
that, in the reasonable judgment of such Lender, cause such Lender and its Lending Office(s) to suffer no material economic, legal or regulatory disadvantage; and provided further that nothing in this Section 3.01(f) shall affect
or postpone any of the Obligations of the Borrowers or the rights of such Lender pursuant to Sections 3.01(a) and (c). The Borrowers hereby agree to pay all reasonable costs and expenses incurred by any Lender as a result of a request by the
Borrowers under this Section 3.01(f). 

  
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 (g) (i) Any Lender that is entitled to an exemption from or reduction of withholding
Tax with respect to any payments made under any Loan Document shall deliver to the Borrowers and the Administrative Agent, at the time or times reasonably requested by the Borrowers or the Administrative Agent, such properly completed and executed
documentation reasonably requested by the Borrowers 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 Borrowers or the
Administrative Agent, shall deliver such other documentation prescribed by applicable Law or reasonably requested by the Borrowers or the Administrative Agent as will enable the Borrowers 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(g)(ii)(A), (ii)(B), (ii)(D) and (ii)(E) below) shall not be required if in the Lender’s reasonable 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, 
 (A) any Lender that is a U.S. Person shall deliver to the Borrowers 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 Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrowers or the Administrative Agent)
executed originals of IRS Form W-9 (or any successor form) certifying that such Lender is exempt from U.S. federal backup withholding; 

(B) any Foreign Lender shall deliver to the Borrowers 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 Borrowers or the Administrative Agent), whichever of the
following is applicable: 
 (a) in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the
United States is a party, executed originals of IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable (or any successor form)
establishing an exemption from, or reduction of, U.S. federal withholding Tax; 
 (b) executed originals of IRS Form W-8ECI
(or any successor form); 
 (c) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest
under Section 871(h) or Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit K-1 to the effect that such Foreign Lender is not a “bank” within the meaning
of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrowers within the meaning of Section 881(c)(3)(B) of the Code, a “controlled foreign corporation” described in Section 881(c)(3)(C) of
the Code and that no payments in connection with any Loan Document are effectively connected with such Lender’s conduct of a U.S. trade or business (a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS
Form W-8BEN or IRS Form W-8BEN-E, as applicable (or any successor form); or 

(d) to the extent a Foreign Lender is not the beneficial owner (e.g., where the Foreign Lender is a partnership or a
participating Lender), executed originals of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN, IRS Form W-8BEN-E, a certificate substantially in the form
of Exhibit K-2 or Exhibit K-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable;
provided that if the Foreign Lender is a partnership (and not a participating Lender) and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender shall provide a
certificate substantially in the form of Exhibit K-4 on behalf of each such direct and indirect partner; 

(C) any Foreign Lender shall deliver to the Borrowers or the Administrative Agent, executed originals 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 Borrowers or the
Administrative Agent to determine the withholding or deduction required to be made; 

  
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 (D) if a payment made to a Lender or the Administrative Agent under any Loan
Document would be subject to Tax imposed by FATCA if such Lender or the Administrative Agent were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as
applicable), such Lender or the Administrative Agent shall deliver to the Borrowers and the Administrative Agent at the time or times prescribed by Law and at such time or times reasonably requested by the Borrowers or the Administrative Agent such
documentation prescribed by applicable Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrowers or the Administrative Agent as may be necessary for the
Borrowers and the Administrative Agent to comply with their obligations under FATCA to determine whether such Lender or the Administrative Agent has complied with such Lender’s or the Administrative Agent’s obligations under FATCA and, if
necessary, 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 date of this Agreement; and 

(E) the Administrative Agent shall deliver to the Borrowers (in such number of copies as shall be requested by the recipient)
on or prior to the date on which the Administrative Agent becomes the administrative agent hereunder or under any other Loan Document (and from time to time thereafter upon the reasonable request of the Borrowers) executed originals of either
(i) IRS Form W-9 (or any successor form) or (ii) a U.S. branch withholding certificate on IRS Form W-8IMY (or any successor form) evidencing its agreement with each Borrower to be treated as a U.S.
person (with respect to amounts received on account of any Lender) and IRS Form W-8ECI (with respect to amounts received on its own account), with the effect that, in either case, the Borrowers will be
entitled to make payments hereunder to the Administrative Agent without withholding or deduction on account of U.S. federal withholding Tax. 

Each Lender agrees that if any documentation it previously delivered expires or becomes obsolete or inaccurate in any respect, it shall
promptly update and deliver such form or certification to the Borrowers and the Administrative Agent or promptly notify the Borrowers and the Administrative Agent in writing of its legal ineligibility to do so. 

Notwithstanding any other provision of this Section 3.01(g), a Lender shall not be required to deliver any documentation that such Lender
is not legally eligible to deliver. 
 (h) Each Lender shall severally indemnify the Administrative Agent, within 30 days after demand
therefor, for (i) any Indemnified Taxes attributable to such Lender (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), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 10.07(m) relating to the maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender,
in each case, that are payable or paid by the Administrative Agent 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 hereby authorizes the Administrative Agent
to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this
paragraph (h). 
 (i) The agreements in this Section 3.01 shall survive the resignation and/or replacement of the Administrative Agent,
any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all other Obligations. 

(j) For the avoidance of doubt, the term “Lender” shall, for purposes of this Section 3.01, include any L/C Issuer. 

Section 3.02 [Reserved]. 

  
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 Section 3.03 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 applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to the Eurocurrency Rate, or to
determine or charge interest rates based upon the Adjusted Eurocurrency 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 applicable
interbank market, then, on notice thereof by such Lender to the Borrowers through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurocurrency Rate Loans or to convert Base Rate Loans to Eurocurrency 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 Adjusted Eurocurrency 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 Eurocurrency Rate component of the Base Rate, in each case until such Lender
notifies the Administrative Agent and the Borrowers that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrowers shall, upon demand from such Lender (with a copy to the Administrative
Agent), prepay or, if applicable, convert all of such Lender’s Eurocurrency Rate Loans 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 Adjusted Eurocurrency Rate component of the Base Rate). Upon any such prepayment or conversion, the Borrowers shall also pay accrued interest on the amount so prepaid or converted and all amounts due, if
any, in connection with such prepayment or conversion under Section 3.06. Each Lender agrees to designate a different Lending Office if such designation will avoid the need for such notice and will not, in the good faith judgment of such
Lender, otherwise be materially disadvantageous to such Lender. 
 Section 3.04 Inability to Determine Rates. If the Required
Lenders reasonably determine that for any reason, adequate and reasonable means do not exist for determining the Eurocurrency Rate for any requested Interest Period with respect to a proposed Eurocurrency Rate Loan, or that the Eurocurrency Rate for
any requested Interest Period with respect to a proposed Eurocurrency Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, or that deposits are not being offered to banks in the relevant interbank market
for the applicable amount and the Interest Period of such Eurocurrency Rate Loan, the Administrative Agent will promptly so notify the Borrowers and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurocurrency
Rate Loans shall be suspended and (y) in the event of a determination described in the preceding sentence with respect to the Eurocurrency Rate component of the Base Rate, the utilization of the Eurocurrency Rate component in determining the
Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrowers may revoke any pending request for a Borrowing of, conversion to
or continuation of Eurocurrency Rate Loans 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. 

Section 3.05 Increased Cost and Reduced Return; Capital Adequacy and Liquidity Requirements. 

(a) If any Lender reasonably determines that as a result of the introduction of or any change in or in the interpretation of any Law, in each
case after the date hereof, or such Lender’s compliance therewith, there shall be any material increase in the cost to such Lender of agreeing to make or making, funding or maintaining any Loan the interest on which is determined by reference
to the Eurocurrency Rate or (as the case may be) issuing or participating in Letters of Credit, or a material reduction in the amount received or receivable by such Lender in connection with any of the foregoing (including Taxes on or in respect of
its loans, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, but excluding for purposes of this Section 3.05(a) any such increased costs or reduction in amount
resulting from (i) Indemnified Taxes indemnifiable under Section 3.01, (ii) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (iii) Connection Income Taxes, then within 15 days after demand of
such Lender setting forth in reasonable detail such increased costs (with a copy of such demand to the Administrative Agent given in accordance with Section 3.06), the Borrowers shall pay to such Lender such additional amounts as will
compensate such Lender for such increased cost or reduction. 
 (b) If any Lender reasonably determines that the introduction of any Law
regarding capital adequacy and liquidity requirements or any change therein or in the interpretation thereof, in each case after the date hereof, or compliance by such Lender (or its Lending Office) therewith, has the effect of materially reducing
the rate of return on the capital of such Lender or any corporation controlling such Lender as a consequence of such Lender’s obligations hereunder (taking into consideration its policies with respect to capital adequacy and such Lender’s

  
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desired return on capital), then within 15 days after demand of such Lender setting forth in reasonable detail the charge and the calculation of such reduced rate of return (with a copy of such
demand to the Administrative Agent given in accordance with Section 3.06), the Borrowers shall pay to such Lender such additional amounts as will compensate such Lender for such reduction. 

(c) The Borrowers shall pay to each Lender, (i) as long as such Lender shall be required to maintain reserves or liquidity with respect to
liabilities or assets consisting of or including Eurocurrency Rate funds or deposits, additional interest on the unpaid principal amount of each Eurocurrency Rate Loan equal to the actual costs of such reserves or liquidity allocated to such Loan by
such Lender (as determined by such Lender in good faith, which determination shall be conclusive in the absence of manifest error), and (ii) as long as such Lender shall be required to comply with any liquidity requirement, reserve ratio
requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a
percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be
conclusive absent manifest error) which in each case shall be due and payable on each date on which interest is payable on such Loan; provided the Borrowers shall have received at least 15 days’ prior notice (with a copy to the
Administrative Agent) of such additional interest or cost from such Lender. If a Lender fails to give notice fifteen days prior to the relevant Interest Payment Date, such additional interest or cost shall be due and payable 15 days from receipt of
such notice. 
 (d) For purposes of this Section 3.05, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all
requests, rules, regulations, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines, requirements and 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 (other than foreign regulatory authorities in Switzerland), in each case pursuant to Basel III, shall, in each case, be deemed to
have gone into effect after the date hereof, regardless of the date enacted, adopted or issued. 
 Section 3.06 Funding Losses.
Upon written demand of any Lender (with a copy to the Administrative Agent) from time to time, setting forth in reasonable detail the basis for calculating such compensation, the Borrowers shall promptly compensate such Lender for and hold such
Lender harmless from any loss, cost or expense incurred by it as a result of: 
 (a) any continuation, conversion, payment or prepayment of
any Eurocurrency 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 Borrowers (for a reason other than the failure of such Lender to make a Loan or pursuant to a conditional notice) to
prepay, borrow, continue or convert any Eurocurrency Rate Loan on the date or in the amount notified by the Borrowers; or 
 (c) any
mandatory assignment of such Lender’s Eurocurrency Rate Loans pursuant to Section 3.08 on a day other than the last day of the Interest Period for such Loans, 

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 (but excluding anticipated profits). The Borrowers shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. 

Section 3.07 Matters Applicable to All Requests for Compensation. 

(a) A certificate of any Agent or any Lender claiming compensation under this Article III and setting forth in reasonable
detail a calculation of the additional amount or amounts to be paid to it hereunder shall be conclusive in the absence of manifest error. In determining such amount, such Agent or such Lender may use any reasonable averaging and attribution methods.
With respect to any Lender’s 

  
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claim for compensation under Section 3.03, 3.04 or 3.05, the Loan Parties shall not be required to compensate such Lender for any amount incurred more than 180 days prior to the date that
such Lender notifies the Borrowers of the event that gives rise to such claim; provided that, if the circumstance giving rise to such claim is retroactive, then such 180-day period referred to above shall be
extended to include the period of retroactive effect thereof. 
 (b) If any Lender requests compensation under
Section 3.05, or the Borrowers are required to pay any additional amount to any Lender, any L/C Issuer, or any Governmental Authority for the account of any Lender or any L/C Issuer pursuant to Section 3.01, or if any Lender gives a notice
pursuant to Section 3.03, then such Lender or the L/C Issuer, as applicable, will, if requested by the Borrowers and at the Borrowers’ expense, use commercially reasonable efforts to designate another Lending Office for any Loan or Letter
of Credit affected by such event; provided that such efforts (i) would eliminate or reduce amounts payable pursuant to Section 3.01, 3.02 or 3.04, as applicable, in the future and (ii) would not, in the judgment of such Lender or such
L/C Issuer, as applicable, be inconsistent with the internal policies of, or otherwise be disadvantageous in any material legal, economic or regulatory respect to such Lender or its Lending Office or such L/C Issuer. The provisions of this clause
(b) shall not affect or postpone any Obligations of the Borrowers or rights of such Lender pursuant to Section 3.05. 

(c) If any Lender requests compensation by the Borrowers under Section 3.05, the Borrowers may, by notice to such Lender
(with a copy to the Administrative Agent), suspend the obligation of such Lender to make or continue from one Interest Period to another Eurocurrency Rate Loans, or to convert Base Rate Loans into Eurocurrency Rate Loans, until the event or
condition giving rise to such request ceases to be in effect (in which case the provisions of Section 3.07(e) shall be applicable); provided that such suspension shall not affect the right of such Lender to receive the compensation so
requested. 
 (d) If the obligation of any Lender to make or continue from one Interest Period to another any Eurocurrency
Rate Loan, or to convert Base Rate Loans into Eurocurrency Rate Loans shall be suspended pursuant to Section 3.07(c) hereof, such Lender’s Eurocurrency Rate Loans shall be automatically converted into Base Rate Loans on the last day(s) of
the then current Interest Period(s) for such Eurocurrency Rate Loans (or, in the case of an immediate conversion required by Section 3.03, on such earlier date as required by Law) and, unless and until such Lender gives notice as provided below
that the circumstances specified in Section 3.03, 3.04 or 3.05 hereof that gave rise to such conversion no longer exist: 

(i) to the extent that such Lender’s Eurocurrency Rate Loans have been so converted, all payments and prepayments of
principal that would otherwise be applied to such Lender’s Eurocurrency Rate Loans shall be applied instead to its Base Rate Loans; and 

(ii) all Loans that would otherwise be made or continued from one Interest Period to another by such Lender as Eurocurrency
Rate Loans shall be made or continued instead as Base Rate Loans, and all Base Rate Loans of such Lender that would otherwise be converted into Eurocurrency Rate Loans shall remain as Base Rate Loans. 

(e) If any Lender gives notice to the Borrowers (with a copy to the Administrative Agent) that the circumstances specified in
Section 3.03, 3.04 or 3.05 hereof that gave rise to the conversion of such Lender’s Eurocurrency Rate Loans pursuant to this Section 3.07 no longer exist (which such Lender agrees to do promptly upon such circumstances ceasing to
exist) at a time when Eurocurrency Rate Loans made by other Lenders are outstanding, such Lender’s Base Rate Loans shall be automatically converted, on the first day(s) of the next succeeding Interest Period(s) for such outstanding Eurocurrency
Rate Loans, to the extent necessary so that, after giving effect thereto, all Loans held by the Lenders holding Eurocurrency Rate Loans and by such Lender are held pro rata (as to principal amounts, interest rate basis, and Interest
Periods) in accordance with their respective Commitments. 
 (f) A Lender shall not be entitled to any compensation pursuant
to the foregoing sections to the extent such Lender is not imposing such charges or requesting such compensation from borrowers (similarly situated to the Borrowers hereunder) under comparable syndicated credit facilities. 

  
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 Section 3.08 Replacement of Lenders under Certain Circumstances. 

(a) If at any time (i) the Borrowers become obligated to pay additional amounts or indemnity payments described in Section 3.01 or
3.05 (other than with respect to Other Taxes) as a result of any condition described in such Sections or any Lender ceases to make Eurocurrency Rate Loans as a result of any condition described in Section 3.03 or 3.04, (ii) any Lender becomes a
Defaulting Lender or (iii) any Lender becomes a Non-Consenting Lender (as defined below in this Section 3.08) (collectively, a “Replaceable Lender”), then the Borrowers may, on three Business Days’ prior written
notice from the Borrowers to the Administrative Agent and such Lender, either (i) replace such Lender by causing such Lender to (and such Lender shall be obligated to) assign pursuant to Section 10.07(b) (with the assignment fee to be paid
by the Borrowers in such instance unless waived by the Administrative Agent) all of its rights and obligations under this Agreement (or, in the case of a Non-Consenting Lender, all of its rights and
obligations under this Agreement with respect to the Facility or Facilities for which its consent is required) to one or more Eligible Assignees; provided that neither the Administrative Agent nor any Lender shall have any obligation to the
Borrowers to find a replacement Lender or other such Person or (ii) so long as no Default or Event of Default shall have occurred and be continuing, terminate the Commitment of such Lender or L/C Issuer, as the case may be, and (1) in the
case of a Lender (other than an L/C Issuer), repay all Obligations of the Borrowers owing (and the amount of all accrued interest and fees in respect thereof) to such Lender relating to the Loans and participations held by such Lender as of such
termination date and (2) in the case of an L/C Issuer, repay all obligations of the Borrowers owing to such L/C Issuer relating to the Loans and participations held by such L/C Issuer as of such termination date and cancel or backstop on terms
satisfactory to such L/C Issuer any Letters of Credit issued by it; provided that (i) in the case of any such replacement of, or termination of Commitments with respect to a Non-Consenting Lender
such replacement or termination shall be sufficient (together with all other consenting Lenders including any other Replacement Lender) to cause the adoption of the applicable modification, waiver or amendment of the Loan Documents and (ii) in
the case of any such replacement as a result of Borrowers having become obligated to pay amounts described in Section 3.01 or 3.05, such replacement would eliminate or reduce payments pursuant to Section 3.01 or 3.05, as applicable, in the
future. Any Lender being replaced pursuant to this Section 3.08(a) shall (i) execute and deliver an Assignment and Assumption with respect to such Lender’s Commitment and outstanding Loans and participations in L/C Obligations and
(ii) deliver any Notes evidencing such Loans to the Borrowers (for return to the Borrowers) or the Administrative Agent. Pursuant to such Assignment and Assumption, (A) the assignee Lender shall acquire all or a portion, as the case may
be, of the assigning Lender’s Commitment and outstanding Loans and participations in L/C Obligations, (B) all Obligations relating to the Loans and participations (and the amount of all accrued interest, fees and premiums in respect
thereof) so assigned shall be paid in full by the assignee Lender to such assigning Lender concurrently with such assignment and assumption and (C) upon such payment and, if so requested by the assignee Lender, the assigning Lender shall
deliver to the assignee Lender the applicable Note or Notes executed by the Borrowers, the assignee Lender shall become a Lender hereunder and the assigning Lender shall cease to constitute a Lender hereunder with respect to such assigned Loans,
Commitments and participations, except with respect to indemnification provisions under this Agreement, which shall survive as to such assigning Lender. In connection with any such replacement, if any such Replaceable Lender does not execute and
deliver to the Administrative Agent a duly executed Assignment and Assumption reflecting such replacement within five Business Days of the date on which the assignee Lender executes and delivers such Assignment and Assumption to such Replaceable
Lender, then such Replaceable Lender shall be deemed to have executed and delivered such Assignment and Assumption without any action on the part of the Replaceable Lender. In connection with the replacement of any Lender pursuant to this
Section 3.08(a), the Borrowers shall pay to such Lender such amounts as may be required pursuant to Section 3.06. 
 (b)
Notwithstanding anything to the contrary contained above, (i) any Lender that acts as an L/C Issuer may not be replaced hereunder at any time that it has any Letter of Credit outstanding hereunder unless arrangements satisfactory to such L/C
Issuer (including the furnishing of a back-up standby letter of credit in form and substance, and issued by an issuer reasonably satisfactory to such L/C Issuer or the depositing of Cash Collateral into a cash collateral account in amounts and
pursuant to arrangements consistent with the requirements of Section 2.16) have been made with respect to such outstanding Letter of Credit and (ii) the Lender that acts as the Administrative Agent may not be replaced hereunder except in
accordance with the terms of Section 9.09. 
 (c) In the event that (i) the Borrowers or the Administrative Agent has requested the
Lenders to consent to a waiver of any provisions of the Loan Documents or to agree to any amendment or other modification thereto, (ii) the waiver, amendment or modification in question requires the agreement of all affected Lenders in

  
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accordance with the terms of Section 10.01 or all the Lenders with respect to a certain class of the Loans and (iii) the Required Lenders have agreed to such waiver, amendment or
modification, then any Lender who does not agree to such waiver, amendment or modification, in each case, shall be deemed a “Non-Consenting Lender”; provided, that the term “Non-Consenting Lender” shall also include
any Lender that rejects (or is deemed to reject) (x) a loan modification offer under Section 10.01, which loan modification has been accepted by at least the Majority Lenders of the respective Tranche of Loans whose Loans and/or
Commitments are to be extended pursuant to such loan modification and (y) any Lender that does not elect to become a lender in respect of any Specified Refinancing Debt pursuant to Section 2.18. For the avoidance of doubt, if any
applicable Lender shall be deemed a Non-Consenting Lender and is required to assign all or any portion of its Initial Term Loans or its Initial Term Loans are prepaid by the Borrowers, pursuant to
Section 3.08(a) on or prior to the date that is six months after the Closing Date in connection with any such waiver, amendment or modification constituting a Repricing Event, the Borrowers shall pay such Non-Consenting Lender a fee equal to
1.00% of the principal amount of the Initial Term Loans so assigned or prepaid. 
 (d) Survival. All of the Loan Parties’
obligations under this Article III shall survive termination of the Aggregate Commitments and repayment of all other Obligations hereunder, any assignment by or replacement of a Lender and any resignation or removal of the Administrative Agent. 

ARTICLE IV. 
 Conditions
Precedent to Credit Extensions 
 Section 4.01 Conditions to the Initial Credit Extension on the Closing Date. The
obligation of each Lender to make its initial Credit Extension hereunder on the Closing Date is subject to satisfaction or due waiver in accordance with Section 10.01 of each of the following conditions precedent, except as otherwise agreed
between the Borrowers and the Administrative Agent: 
 (a) The Administrative Agent shall have received all of the following,
each of which shall be originals or facsimiles or “pdf” files (followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the signing Loan Party, each dated as of the Closing Date (or, in
the case of certificates of governmental officials, as of a recent date before the Closing Date), each in form and substance reasonably satisfactory to the Administrative Agent, and each accompanied by their respective required schedules and other
attachments (and set forth thereon shall be all required information with respect to Holdings and its Subsidiaries, giving effect to the transactions contemplated by this Agreement): 

(i) executed counterparts of (A) this Agreement from Holdings and the Borrowers, (B) the Holdings Guaranty from
Holdings, (C) the Subsidiary Guaranty from each Subsidiary Guarantor and (D) the Intercompany Subordination Agreement; 

(ii) the Security Agreement, duly executed by each of Holdings, the Borrowers and each Subsidiary Guarantor, as applicable,
together with: 
  

	 	(I)	 certificates, if any, representing the Pledged Interests in the Borrowers, each wholly owned Domestic
Subsidiary (other than Immaterial Subsidiaries) of a Loan Party, Cayman Finco and UK Holdco, in each case, accompanied by undated stock powers executed in blank (or stock transfer forms, as applicable) and instruments evidencing the Pledged Debt
indorsed in blank (or instrument of transfer, as applicable), 

  

	 	(II)	 copies of proper financing statements, filed or duly prepared for filing under the Uniform Commercial Code in
all United States jurisdictions that the Administrative Agent may deem reasonably necessary in order to perfect and protect the Liens on assets of Holdings, the Borrowers and each Subsidiary Guarantor that is party to any Security Agreement created

  
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under such Security Agreement, covering the Collateral described in such Security Agreement, other than, with respect to security interests granted by UK Holdco, registrations with the Registrar
of Companies for England and Wales, which shall be duly registered within 21 days of the Closing Date, and 

  

	 	(III)	 evidence that all other actions, recordings and filings of or with respect to the Security Agreement that the
Administrative Agent may deem reasonably necessary or desirable in order to perfect and protect the Liens created thereby shall have been taken, completed or otherwise provided for in a manner reasonably satisfactory to the Administrative Agent
(including receipt of duly executed payoff letters, customary lien searches and UCC-3 termination statements); provided, however, that this provision does not apply with respect to foreign
intellectual property; 

 (iii) an Intellectual Property Security Agreement, duly executed by each Domestic
Loan Party that owns intellectual property that is required to be pledged in accordance with the applicable Security Agreement; provided, however, that this provision does not apply with respect to perfection and protections of the
Liens over foreign intellectual property; 
 (iv) a Note executed by the Borrowers in favor of each Lender requesting a Note
reasonably in advance of the Closing Date; 
 (v) a Committed Loan Notice and a Letter of Credit Application, if applicable,
in each case relating to the initial Credit Extension; 
 (vi) a solvency certificate executed by the chief financial officer
or similar officer, director, manager or authorized signatory of the Parent Borrower substantially in the form attached hereto as Exhibit I; 

(vii) such customary documents and certifications (including Organization Documents and, if applicable, good standing
certificates) as the Administrative Agent may reasonably require to evidence (A) the identity, authority and capacity of each Responsible Officer of the Loan Parties acting as such in connection with this Agreement and the other Loan Documents
and (B) that Holdings, the Borrowers and each Subsidiary Guarantor is duly organized or formed, and that each of them is validly existing and, to the extent applicable, in good standing, except to the extent that failure to be so qualified
could not reasonably be expected to have a Material Adverse Effect; 
 (viii) an opinion of Latham & Watkins LLP,
special New York counsel to Holdings, the Borrowers and the Subsidiary Guarantors, addressed to each Secured Party, in form and substance reasonably satisfactory to the Administrative Agent; and 

(ix) opinions of local counsel for the Subsidiary Guarantors (or the Administrative Agent, as applicable) listed on Schedule
4.01(a)(ix) hereto, in form and substance reasonably satisfactory to the Administrative Agent. 
 (b) Holdings, the Borrowers
and each Subsidiary Guarantor shall have provided the documentation and other information reasonably requested in writing at least ten days prior to the Closing Date by the Arrangers as they reasonably determine is required by regulatory authorities
under applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation, the PATRIOT Act, in each case at least three business days prior to the Closing Date (or such shorter period as the
Administrative Agent shall otherwise agree). 

  
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 (c) All actions necessary to establish that the Administrative Agent will
have a perfected first priority security interest (subject to Liens permitted under Section 7.02) in the Collateral shall have been taken, in each case, to the extent such Collateral (including the creation or perfection of any security
interest) is required to be provided on the Closing Date. 
 (d) All fees and expenses required to be paid or reimbursed by
the Borrowers on the Closing Date pursuant to this Agreement or any other agreement with the Arrangers, to the extent invoiced at least five Business Days prior to the Closing Date (or such later date as the Borrowers may reasonably agree) shall
have been paid (which amounts may be offset against the proceeds of the Initial Term Loan). 
 (e) (i) The Borrowers
shall have received substantially concurrently with the funding of the Initial Term Loans hereunder at least $1,125,000,000 of gross proceeds from the issuance and sale of the Senior Notes; and (ii) the Administrative Agent shall have received
copies of the Senior Notes Indenture and other documents relating to the Senior Notes reasonably requested by the Administrative Agent. 

(f) (i) the Refinancing shall have been, or shall concurrently with the initial funding of the Initial Term Loans be,
consummated; (ii) the Administrative Agent shall have received a certificate from a Responsible Officer of the Parent Borrower, in form and substance reasonably satisfactory to the Administrative Agent, certifying as to the matters set forth in
Section 4.01(f)(i); and (iii) the Administrative Agent shall have received reasonably satisfactory evidence that arrangements for the discharge and release of all guarantees and security in support of the Existing Credit Agreement shall
have been made. 
 Without limiting the generality of the provisions of Section 9.03, for purposes of determining compliance with the
conditions specified in this Section 4.01, each Lender as of the Closing Date shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required hereunder to be consented to or approved by
or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received written notice from such Lender prior to the Closing Date specifying its objection thereto. 

Section 4.02 Conditions to All Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension (other
than a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurocurrency Rate Loans) is subject to the following conditions precedent: 

(a) Subject in the case of any Borrowing in connection with a New Loan Commitment to the provisions in Section 1.02(i),
the representations and warranties of the Borrowers and each other Loan Party contained in Article V or any other Loan Document shall be true and correct in all material respects (and in all respects if any such representation or warranty is already
qualified by materiality) 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 (and
in all respects if any such representation or warranty is already qualified by materiality) as of such earlier date. 
 (b)
Subject in the case of any Borrowing in connection with a New Loan Commitment to the provisions in Section 1.02(i), no Default or Event of Default shall exist, or would result from such proposed Credit Extension or from the application of the
proceeds therefrom. 
 (c) The Administrative Agent and, if applicable, the applicable L/C Issuer shall have received a
Request for Credit Extension in accordance with the requirements hereof. 
 Each Request for a Credit Extension (other than a Committed Loan
Notice requesting only a conversion of Loans to the other Type or a continuation of Eurocurrency Rate Loans) submitted by the Borrowers shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and
(b) have been satisfied (unless waived) on and as of the date of the applicable Credit Extension. 

  
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 ARTICLE V.  

Representations and Warranties 

Each of Holdings (with respect to Sections 5.01, 5.02, 5.03, 5.04, 5.10, 5.12, 5.13, 5.14, 5.19, 5.20 and 5.21) and the Borrowers represents
and warrants to the Administrative Agent and the Lenders that: 
 Section 5.01 Existence, Qualification and Power; Compliance with
Laws. Each Loan Party and each of the Restricted Subsidiaries (a) is a Person duly organized, formed or incorporated, validly existing and in good standing (to the extent such concept is applicable in the relevant jurisdiction) under the
Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority 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, (c) is duly qualified and is authorized to do business and in good standing (to the extent such concept is applicable in the relevant jurisdiction) under the Laws of each jurisdiction where its ownership, lease
or operation of properties or the conduct of its business requires such qualification and (d) has all requisite governmental licenses, authorizations, consents and approvals to operate its business as currently conducted; except in each case
referred to in clause (a) (other than with respect to the Borrowers), (b)(i), (b)(ii) (other than with respect to the Borrowers), (c) and (d), to the extent that any failure to be so or to have such could not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect. 
 Section 5.02 Authorization; No Contravention. The execution,
delivery and performance by each Loan Party of each Loan Document to which such Person is or is to be a party, are within such Loan Party’s corporate or other powers, 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 or (b) violate any Law; except to the extent that such violation could not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect. 
 Section 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 (a) the execution, delivery, performance by, or enforcement against, any Loan Party of
this Agreement or any other Loan Document, or for the consummation of the Transaction, (b) the grant by any Loan Party of the Liens granted by it pursuant to the Collateral Documents or (c) the perfection or maintenance of the Liens
created under the Collateral Documents, except for (w) filings and registrations necessary to perfect the Liens on the Collateral granted by the Loan Parties or any Restricted Subsidiary in favor of the Secured Parties consisting of UCC
financing statements, filings in the United States Patent and Trademark Office and the United States Copyright Office and Mortgages, and, with respect to security interests granted by UK Holdco, registrations with the Registrar of Companies for
England and Wales, which shall be duly registered within 21 days of the Closing Date, (x) the approvals, consents, exemptions, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and are in full
force and effect, (y) those approvals, consents, exemptions, authorizations or other actions, notices or filings set out in the Collateral Documents and (z) those approvals, consents, exemptions, authorizations or other actions, notices or
filings, the failure of which to obtain or make could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

Section 5.04 Binding Effect. This Agreement and each other Loan Document has been duly executed and delivered by each Loan Party
that is party thereto. This Agreement and each other Loan Document constitutes, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except as such
enforceability may be limited by any applicable bankruptcy, administration, administrative receivership, winding-up, insolvency, reorganization (by way of voluntary arrangement, schemes of arrangement or
otherwise), receivership, moratorium or other similar laws affecting creditors’ rights generally and by general principles of equity. 

Section 5.05 Financial Statements; No Material Adverse Effect. 

(a) The audited consolidated financial statements of Holdings (or of any Subsidiary allowed to be delivered pursuant to the terms hereof) and
its Subsidiaries most recently delivered pursuant to Section 6.01(a) fairly present in all material respects the consolidated financial condition of the Holdings and its Subsidiaries as of the dates 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. 

  
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 (b) The unaudited consolidated financial statements of Holdings (or of any Subsidiary
allowed to be delivered pursuant to the terms hereof) and its Subsidiaries most recently delivered pursuant to Section 6.01(b) (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as
otherwise expressly noted therein, and (ii) fairly present in all material respects the consolidated financial condition of Holdings and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby,
subject to the absence of footnotes and to normal and recurring year-end audit adjustments. 
 (c)
Since December 31, 2014, there has been no event or circumstance, either individually or in the aggregate, that has had or would reasonably be expected to have a Material Adverse Effect. 

(d) The consolidated forecasted balance sheets, statements of income and statements of cash flows of Holdings (or of any Subsidiary allowed to
be delivered pursuant to the terms hereof) and its Subsidiaries most recently delivered pursuant to Section 6.01(c) were prepared in good faith on the basis of the assumptions stated therein, which assumptions were reasonable in light of the
conditions existing at the time of delivery of such forecasts; it being understood that no assurance can be given that any particular projections will be realized, actual results may vary from such forecasts and that such variations may be material.

 Section 5.06 Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of any
Borrower, threatened in writing, at law, in equity, in arbitration or before any Governmental Authority, against the Parent Borrower or any Restricted Subsidiary, or against any of their properties or revenues that would reasonably be expected to
have a Material Adverse Effect. 
 Section 5.07 Use of Proceeds. The Borrowers (a) will only use the proceeds of the Term
Loans to finance a portion of the Transaction and pay Transaction Costs (including paying any fees, commissions and expenses associated therewith); and (b) will use the Letters of Credit and the proceeds of all other Borrowings to finance the
working capital needs of the Borrowers and the Restricted Subsidiaries and for general corporate purposes of the Borrowers and the Restricted Subsidiaries (including acquisitions and other Investments permitted hereunder). 

Section 5.08 Ownership of Property; Liens. 

(a) Each Loan Party and each of the Restricted Subsidiaries has fee simple or other comparable valid title to, or leasehold interests in, all
real property necessary in the ordinary conduct of its business, free and clear of all Liens except for minor defects in title that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended
purposes and Liens permitted by Section 7.02, except where the failure to have such title or interests could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on the use or operation of any Material
Real Property or any real property necessary for the ordinary conduct of the Borrowers’ business, taken as a whole. 
 (b) Set forth on
Schedule 5.08(b) hereto is a complete and accurate list, in all material respects, of all Material Real Property owned by any Domestic Loan Party as of the Closing Date, showing as of the Closing Date, the street address (to the extent available),
county or other relevant jurisdiction, state and record owner; and as of the Closing Date, no Domestic Loan Party owns any Material Real Property except as listed on Schedule 5.08(b). 

Section 5.09 Environmental Compliance. Except as would not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect: 
 (a) The Borrowers and the Restricted Subsidiaries and their respective operations and properties,
are in compliance with all applicable Environmental Laws and Environmental Permits and none of the Borrowers or the Restricted Subsidiaries are subject to any Environmental Liability. 

  
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 (b) (i) None of the properties currently or formerly owned or operated
by the Borrowers or any Restricted Subsidiary is listed or, to the knowledge of the Borrowers, proposed for listing on the NPL or on the CERCLIS or any analogous foreign, state or local list or is adjacent to any such property, (ii) there is no
asbestos or asbestos-containing material on any property currently owned or operated by the Borrowers or any of the Restricted Subsidiaries requiring investigation, remediation, mitigation, removal, or assessment, or other response, remedial or
corrective action, pursuant to any Environmental Law and (iii) Hazardous Materials have not been released, discharged or disposed of on any property currently or, to the knowledge of the Borrowers, formerly owned or operated by the Borrowers or
any of the Restricted Subsidiaries, except for such releases, discharges and disposals that were in compliance with, or would not reasonably be expected to give rise to liability under, Environmental Laws. 

(c) None of the Borrowers or any of the Restricted Subsidiaries is undertaking, and none has completed, either individually or
together with other potentially responsible parties, any investigation, remediation, mitigation, removal, assessment or remedial, response or corrective action relating to any actual or threatened release, discharge or disposal of Hazardous
Materials at any site, location or operation, either voluntarily or pursuant to the order of any Governmental Authority or the requirements of any Environmental Law. 

(d) All Hazardous Materials generated, used, treated, handled or stored at, or transported to or from, any property currently
or, to the knowledge of the Borrowers, formerly owned or operated by the Borrowers or any of the Restricted Subsidiaries have been disposed of in a manner not reasonably expected to result in liability to the Borrowers or any of the Restricted
Subsidiaries. 
 Section 5.10 Taxes. The Borrowers and each of the Restricted Subsidiaries have filed or have caused to be filed
all Tax returns and reports required to be filed, and have paid all Taxes (including in its capacity as a withholding agent) levied or imposed upon them or their properties, income or assets otherwise due and payable, except those (a) 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 (b) with respect to which the failure to make such filing or payment would not,
individually or in the aggregate, reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. 

Section 5.11 Employee Benefits Plans. 

(a) Except as would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (i) each Plan is
in compliance with the applicable provisions of ERISA, the Code and other applicable federal and state laws and (ii) each Plan that is intended to be a qualified plan under Section 401(a) of the Code may rely upon an opinion letter for a
prototype plan or has received a favorable determination letter from the IRS to the effect that the form of such Plan is qualified under Section 401(a) of the 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 Code, or an application for such a letter will be submitted to the IRS within the applicable required time period with respect thereto or is currently being processed by the IRS, and to the
knowledge of any Loan Party, nothing has occurred that would prevent, or cause the loss of, such tax-qualified status. 
 (b) Except as would
not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (i) each Foreign Plan is in compliance with all requirements of Law applicable thereto and the respective requirements of the governing
documents for such plan and (ii) with respect to each Foreign Plan, none of the Parent Borrower or any of its Subsidiaries or any of their respective directors, officers, employees or agents has engaged in a transaction that could subject the
Parent Borrower or any Restricted Subsidiary, directly or indirectly, to any tax or civil penalty. 
 (c) There are no pending or, to the
knowledge of any Loan Party, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that would reasonably be expected to have a Material Adverse Effect. There has been no “prohibited
transaction” within the meaning of Section 4975 of the Code or Section 406 or 407 of ERISA (and not otherwise exempt under Section 408 of ERISA) with respect to any Plan that would reasonably be expected to result in a Material
Adverse Effect. 

  
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 (d) (i) No ERISA Event has occurred and neither any Loan Party nor, to the knowledge of
any Loan Party, 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 Plan or Multiemployer Plan, (ii) each Loan Party and each ERISA
Affiliate has met all applicable requirements under the Pension Funding Rules in respect of each Plan, and no waiver of the minimum funding standards under such Pension Funding Rules has been applied for or obtained, (iii) there exists no
Unfunded Pension Liability, (iv) as of the most recent valuation date for any Plan, the present value of all accrued benefits under such Plan (based on the actuarial assumptions used to fund such Plan) did not exceed the value of the assets of
such Plan allocable to such accrued benefits, (v) neither any Loan Party nor, to the knowledge of any Loan Party, any ERISA Affiliate knows of any facts or circumstances that could reasonably be expected to cause the funding target attainment
percentage (as defined in Section 430(d)(2) of the Code) for any Plan, if applicable, to drop below 80% as of the most recent valuation date, (vi) neither any 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, (vii) neither any Loan Party nor any ERISA Affiliate has engaged in a transaction that could be subject to Sections 4069 or 4212(c) of
ERISA and (viii) no Plan has been terminated by the plan administrator thereof or 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 Plan or Multiemployer Plan, except with respect to each of the foregoing clauses (i) through (viii) of this Section 5.11(d), as would not reasonably be expected, individually or in the aggregate, to result in a
Material Adverse Effect. 
 (e) (i) With respect to each Foreign Plan, reserves have been established in the financial statements
furnished to Lenders in respect of any unfunded liabilities in accordance with applicable Law and, where required, in accordance with ordinary accounting practices in the jurisdiction in which such Foreign Plan is maintained, (ii) except as
disclosed or reflected in such financial statements, there are no aggregate unfunded liabilities with respect to Foreign Plans and the present value of the aggregate accumulated benefit liabilities of all Foreign Plans did not, as of the last annual
valuation date applicable thereto, exceed the assets of all such Foreign Plans, except with respect to each of the foregoing clauses (i) and (ii) of this Section 5.11(e), as would not reasonably be expected, individually or in the
aggregate, to result in a Material Adverse Effect. 
 (f) No Loan Party maintains, or contributes to, a Foreign Plan which is a defined
benefit occupational pension scheme as defined in the Pensions Act 2004, except as would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. 

Section 5.12 Subsidiaries; Capital Stock. As of the Closing Date, there are no Restricted Subsidiaries other than those
specifically disclosed in Schedule 5.12, and all of the outstanding Capital Stock in such Restricted Subsidiaries that are owned by a Loan Party have been validly issued, are fully paid and non-assessable
(other than for those Restricted Subsidiaries that are limited liability companies and limited partnerships and to the extent such concepts are not applicable in the relevant jurisdiction) and are owned free and clear of all Liens except
(i) those created under the Collateral Documents, (ii) any nonconsensual Lien that is permitted under Section 7.02 and (iii) if such representation is made after the Closing Date, Liens related to New Incremental Notes,
Refinancing Notes and other Permitted Debt that is permitted to be secured thereby pursuant to Section 7.02. 
 Section 5.13
Margin Regulations; Investment Company Act. 
 (a) Each of the Loan Parties 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 and no proceeds of any Borrowings
or drawings under any Letter of Credit will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock. Neither the making of any Credit Extension hereunder nor the use of
proceeds thereof will violate any regulations of the FRB, including the provisions of Regulations T, U or X of the FRB. 
 (b) None of the
Loan Parties is or is required to be registered as an “investment company” under the Investment Company Act of 1940, as amended. 

  
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 Section 5.14 Disclosure. As of the Closing Date, no report, financial statement,
certificate or other written information furnished by or on behalf of any Loan Party (other than projected financial information, pro forma financial information and information of a general economic or industry nature) to any Agent or any Lender in
connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or any other Loan Document (as modified or supplemented by other information so furnished), when taken as a whole, contains any
material misstatement of fact or omits to state any material fact necessary to make the statements therein (when taken as a whole), in the light of the circumstances under which they were made, not materially misleading; provided that, with respect
to projected and pro forma financial information, Holdings and the Borrowers represent only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time of preparation and delivery; it being
understood that actual results may vary from such forecasts and that such variances may be material. 
 Section 5.15 Compliance with
Laws. Each Borrower and each Restricted Subsidiary is in compliance in all material respects 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 (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted or (b) the failure to comply therewith, either individually or in the aggregate, could
not reasonably be expected to have a Material Adverse Effect. 
 Section 5.16 Intellectual Property; Licenses, Etc. To the
knowledge of the Borrowers, the Borrowers and each Subsidiary Guarantor owns, licenses or possesses the right to use, all of the trademarks, service marks, trade names, copyrights, patents, licenses and other intellectual property rights
(collectively, “IP Rights”) that are necessary for the operation of its respective business, as currently conducted, except to the extent such failure to own, license or possess, either individually or in the aggregate, could not
reasonably be expected to have a Material Adverse Effect and provided that the foregoing shall not deem to constitute a representation that Borrowers and the Subsidiary Guarantors do not infringe or violate the IP Rights held by any other Person.
Set forth on Schedule 5.16 is a complete and accurate list of all material registered or applications to register in the United States Patent and Trademark Office or the United States Copyright Office patents, trademarks, and copyrights owned or, in
the case of copyrights, exclusively licensed by the Borrowers and Subsidiary Guarantors as of the Closing Date. To the knowledge of the Borrowers, the conduct of the business of the Borrowers or Subsidiary Guarantor as currently conducted does not
infringe upon or violate any IP Rights held by any other Person, except for such infringements and violations which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. No claim or litigation
regarding any of the foregoing is pending or, to the knowledge of any Borrower, threatened in writing, which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 

Section 5.17 Solvency. On the Closing Date, after giving effect to the Transaction, the Borrowers and their Subsidiaries, on a
consolidated basis, are Solvent. 
 Section 5.18 Perfection, Etc. Each Collateral Document delivered pursuant to this Agreement
will, upon execution and delivery thereof, be effective to create (to the extent described therein) in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the
Collateral described therein to the extent intended to be created thereby, except as to enforcement, as may be limited by applicable domestic or foreign bankruptcy, winding-up, insolvency, fraudulent conveyance, reorganization (by way of voluntary
arrangement, schemes of arrangements or otherwise), moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and (a) when
financing statements and other filings in appropriate form are filed or registered, as applicable, in the offices of the Secretary of State (or a comparable office in any applicable non-U.S. jurisdiction) of
each Loan Party’s jurisdiction of organization or formation and applicable documents are filed and recorded as applicable in the United States Copyright Office or the United States Patent and Trademark Office and (b) upon the taking of
possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or
control by the Collateral Agent is required by the applicable Collateral Document) the Liens created by the Collateral Documents shall constitute fully perfected first priority Liens so far as possible under relevant law on, and security interests
in (to the extent intended to be created thereby and required to be perfected under the Loan Documents), all right, title and interest of the grantors in such Collateral in each case free and clear of any Liens other than Liens permitted hereunder.

  
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 Section 5.19 Anti-Terrorism Laws; OFAC.

 (a) Anti-Terrorism Laws. Each of Holdings, the Borrowers and each of their respective Subsidiaries is in compliance, in all
material respects, with the Sanctions Laws and Regulations. No Borrowing or Letter of Credit, or use of proceeds, will violate or result in the violation of any Sanctions Laws and Regulations applicable to any party hereto. 

(b) OFAC. None of (I) Holdings, the Borrowers or any other Loan Party and (II) in any material respect, the Restricted
Subsidiaries that are not Loan Parties or, to the knowledge of Holdings and the Borrowers, any director, manager, officer, agent or employee of Holdings, the Borrowers or any of their respective Restricted Subsidiaries, in each case, (i) is a
person whose property or interest in property is blocked or subject to blocking pursuant to Section 1 of the Executive Order, (ii) engages in any dealings or transactions prohibited by Section 2 of the Executive Order, or is otherwise
associated with any such person in any manner that violates Section 2 of the Executive Order or (iii) is a person on the list of “Specially Designated Nationals and Blocked Persons” or subject to the limitations or prohibitions
under any other U.S. Department of Treasury’s Office of Foreign Assets Control regulation or executive order. The Borrowers will not directly or indirectly use the proceeds of the Loans or otherwise make available such proceeds to any Person,
for the purpose of financing the activities of any Person subject to any U.S. sanctions administered by OFAC. 
 Section 5.20
Anti-Corruption Laws. No part of the proceeds of any Loan will be used for any improper payments, directly or indirectly, to any governmental official or employee, political party, official of a political party, candidate for political
office, or anyone else acting in an official capacity, or any other party (if applicable) in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as
amended, the United Kingdom Bribery Act of 2010, as amended and any similar laws, rules or regulations issued, administered or enforced by any Governmental Authority having jurisdiction over the Borrowers (collectively, the “Anti-Corruption
Laws”). The Borrowers have implemented and maintain in effect policies and procedures designed to ensure compliance by the Borrowers, their Subsidiaries and their respective directors, officer, employees and agents with Anti-Corruption
Laws, and the Borrowers, their Subsidiaries and their respective officers and employees and, to the knowledge of the Borrowers, their respective directors and agents, are in compliance with Anti-Corruption Laws. 

Section 5.21 COMI Regulation, For the purposes of The Council of the European Union Regulation No. 1346/2000 on Insolvency
Proceedings (the “COMI Regulation”), each Loan Party’s center of main interest (as that term is used in Article 3(1) of the COMI Regulation) is situated in its jurisdiction of incorporation and it has no “establishment” (as
such term is used in Article 2(h) of the COMI Regulation) in any other jurisdiction. 
 ARTICLE VI.  

Affirmative Covenants 
 So
long as any Lender shall have any Commitment hereunder, any Loan or other Obligation (other than contingent indemnification obligations as to which no claim has been asserted and obligations and liabilities under Secured Cash Management Agreements
and Secured Hedge Agreements) hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding (other than Letters of Credit which have been Cash Collateralized), the Borrowers shall, and shall (except in the case of
the covenants set forth in Sections 6.01, 6.02 and 6.03) cause each Restricted Subsidiary to: 
 Section 6.01 Financial
Statements. Deliver to the Administrative Agent for further distribution to each Lender: 
 (a) as soon as available, but
in any event within 90 days after the end of each fiscal year of Holdings, a consolidated balance sheet of Holdings and its Subsidiaries as at the end of such fiscal year, and the related consolidated statements of income or operations,
shareholders’ equity and cash flows for 

  
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 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 Deloitte & Touche, LLP or any other independent certified public accountant of nationally recognized
standing, 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, exception or explanatory paragraph or any qualification,
exception or explanatory paragraph as to the scope of such audit (other than any such exception or explanatory paragraph, but not a qualification, that is expressly solely with respect to, or expressly resulting solely from, (i) an upcoming
maturity date under the Facilities that is scheduled to occur within one year from the time such report and opinion are delivered or (ii) any potential inability to satisfy the Financial Covenant on a future date or in a future period),
together with a customary management’s discussion and analysis of financial information; 
 (b) as soon as available,
but in any event within 45 days after the end of each of the first three fiscal quarters of each fiscal year of Holdings, a consolidated balance sheet of Holdings and its Subsidiaries as at the end of such fiscal quarter, and the related
consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal quarter and for the portion of the fiscal year then ended, setting forth in each case in comparative form 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 a Responsible Officer of the Parent Borrower as fairly presenting in all material respects the financial
condition, results of operations, shareholders’ equity and cash flows of Holdings and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of
footnotes, together with a customary management’s discussion and analysis of financial information; 
 (c) as soon as
available, but in any event no later than 90 days after the end of each fiscal year, reasonably detailed segment-level forecasts along with written assumptions prepared by management of the Borrowers
(including projected consolidated balance sheets, income statements, Consolidated EBITDA and cash flow statements of Holdings and its Subsidiaries) on a quarterly basis for the fiscal year following such fiscal year then ended, which forecasts shall
be prepared in good faith on the basis of assumptions believed to be reasonable at the time of preparation thereof; provided that delivery of such forecasts pursuant to this Section 6.01(c) shall only be required hereunder prior to an
initial public offering of the Capital Stock of Holdings or any Parent Holding Company; and 
 (d) concurrently with the
delivery of any financial statements pursuant to Sections 6.01(a) and (b) above, the related consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such
consolidated financial statements. 
 Notwithstanding the foregoing, (A) the obligations in clauses (a), (b) and (c) of this
Section 6.01 may be satisfied by furnishing, at the option of the Borrowers, the applicable financial statements or, as applicable, forecasts of (I) any successor of Holdings, (II) any Wholly Owned Restricted Subsidiary of Holdings
that, together with its consolidated Restricted Subsidiaries, constitutes substantially all of the assets of the Borrowers and their consolidated Subsidiaries (a “Qualified Reporting Subsidiary”) or (III) any Parent Holding
Company; provided that to the extent such information relates to a Qualified Reporting Subsidiary or a Parent Holding Company, such information is accompanied by consolidating information that explains in reasonable detail the differences
between the information relating to such Qualified Reporting Subsidiary or any Parent Holding Company, on the one hand, and the information relating to Holdings and the Restricted Subsidiaries on a standalone basis, on the other hand, and
(B) (i) in the event that the Parent Borrower delivers to the Administrative Agent an Annual Report on Form 10-K for any fiscal year (or similar filing in the applicable jurisdiction), as filed with the
SEC or in such form as would have been suitable for filing with the SEC, within the time frames set forth in clause (a) above, such Form 10-K shall satisfy all requirements of clause (a) of this
Section 6.01 with respect to such fiscal year to the extent that it contains the information and report and opinion required by such clause (a) and such report and opinion does not contain any “going concern” or like
qualification, exception or explanatory paragraph or any qualification, exception or explanatory paragraph as to the scope of audit (other than any such exception or explanatory paragraph, but not a qualification, expressly permitted to be contained
therein under clause (a) of this Section 6.01) and (ii) in the event that the Borrowers deliver to the Administrative Agent a Quarterly Report on Form 10-Q for any fiscal quarter (or similar filing in the applicable jurisdiction), as
filed with the SEC or in such form as would have been suitable for filing with the SEC, within the time frames set forth in clause (b) above, such Form 10-Q shall satisfy all 

  
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 requirements of clause (b) of this Section with respect to such fiscal quarter to the extent that it
contains the information required by such clause (b); in each case to the extent that information contained in such Form 10-K or Form 10-Q (or similar filings in the
applicable jurisdiction) satisfies the requirements of clauses (a) or (b) of this Section 6.01, as the case may be. 

Section 6.02 Certificates; Other Information. Deliver to the Administrative Agent for further distribution to each Lender: 

(a) no later than five days after the delivery of (i) the financial statements referred to in Section 6.01(a) or
(ii) an Annual Report on Form 10-K (delivered pursuant to the last paragraph of Section 6.01), but only to the extent permitted by accounting industry policies generally followed by independent
certified public accountants, a certificate of the independent certified public accountants certifying such financial statements and stating that in making the examination necessary therefor no knowledge was obtained of any Event of Default arising
from a breach of the Financial Covenant (to the extent then applicable) or, if any such Event of Default shall exist, stating the nature and status of such event; 

(b) no later than five days after the delivery of (i) the financial statements referred to in Sections 6.01(a) and
(b) or (ii) an Annual Report on Form 10-K or a Quarterly Report on Form 10-Q (in either case, delivered pursuant to the last paragraph of Section 6.01), a duly
completed Compliance Certificate signed by a Responsible Officer of the Parent Borrower (which delivery may, unless the Administrative Agent or a Lender requests executed originals, be by electronic communication including fax or email and shall be
deemed to be an original authentic counterpart thereof for all purposes); 
 (c) promptly after the same are available,
copies of all annual, regular, periodic and special reports and registration statements which Holdings or the Parent Borrower may file or be required to file, copies of any report, filing or communication with the SEC under Section 13 or 15(d)
of the Exchange Act, or with any Governmental Authority that may be substituted therefor, or with any national securities exchange, and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 

(d) promptly after the furnishing thereof, copies of any notices received by any Loan Party (other than in the ordinary course
of business) and copies of any statement or report furnished to any holder of debt securities or loans of any Loan Party or of any of its Subsidiaries (other than any immaterial correspondence in the ordinary course of business or any regularly
required quarterly or annual certificates), in each case pursuant to the terms of the Senior Notes or any Junior Financing in a principal amount greater than $150,000,000 and not otherwise required to be furnished to the Lenders pursuant to any
other clause of this Section 6.02; 
 (e) promptly after the receipt thereof by any Loan Party or any of its
Subsidiaries, copies of each notice or other correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any material investigation or other material inquiry
by such agency regarding financial or other operational results of any Loan Party or any of its Subsidiaries; 
 (f) promptly
after the assertion or occurrence thereof, notice of any action arising under any Environmental Law against or of any noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that could reasonably
be expected to have a Material Adverse Effect; 
 (g) together with the delivery of each Compliance Certificate pursuant to
Section 6.02(b), a report supplementing Schedule 5.12 hereto to the extent necessary so that the related representation and warranty would be true and correct if made as of the date of such Compliance Certificate; and 

(h) promptly, such additional information regarding the business, legal, financial or corporate affairs of any Loan Party or
any Restricted Subsidiary thereof as the Administrative Agent or any Lender through the Administrative Agent may from time to time reasonably request. 

  
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 Documents required to be delivered pursuant to Section 6.01(a), (b), (c) or (d) or
Section 6.02(c) or (d) (or 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 on which such documents
are posted on the Parent Borrower’s behalf on the Platform or another relevant 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: (i) upon written request by the Administrative Agent, the Borrowers shall deliver paper copies of such
documents to the Administrative Agent for further distribution to each Lender until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrowers shall notify (which may be by
facsimile or electronic mail) the Administrative Agent of the posting of any such documents described in this paragraph and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. The
Administrative Agent shall have no obligation to request the delivery of or to maintain or deliver to Lenders paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrowers with
any such request for delivery, and each Lender shall be solely responsible for timely accessing posted documents or requesting delivery of paper copies of such documents from the Administrative Agent and maintaining its copies of such documents.

 The Parent Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers will make available to the Lenders
and the L/C Issuers materials and/or information provided by or on behalf of the Borrowers hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks/IntraAgency, Syndtrak or another similar
electronic 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
(within the meaning of United States federal and state securities laws) with respect to Holdings 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 Borrowers hereby agree that they will use 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 SIDE” which, at a minimum, shall mean that the word “PUBLIC SIDE” shall appear prominently
on the first page thereof; (x) by marking Borrower Materials “PUBLIC SIDE,” the Borrowers shall be deemed to have authorized the Administrative Agent, the Arrangers, the L/C Issuers 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 Holdings or its Affiliates, or their respective 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 10.08); (y) all Borrower Materials marked “PUBLIC
SIDE” are permitted to be made available through a portion of the Platform designated “Public Side Information” and (z) any Borrower Materials that are not marked “PUBLIC SIDE” shall be deemed to contain material
non-public information (within the meaning of United States federal and state securities laws) and shall not be suitable for posting on a portion of the Platform designated “Public Side Information.” Notwithstanding anything herein to the
contrary, financial statements delivered pursuant to Sections 6.01(a) and (b) and Compliance Certificates delivered pursuant to Section 6.02(b) shall be deemed to be suitable for posting on a portion of the Platform designated “Public
Side Information.” 
 Section 6.03 Notices. Promptly, after a Responsible Officer of any Borrower or any Guarantor has
obtained knowledge thereof, notify the Administrative Agent: 
 (a) of the occurrence of any Default; 

(b) of any matter that has resulted or could reasonably be expected to result in a Material Adverse Effect; 

(c) of the institution of any material litigation not previously disclosed by any Borrower to the Administrative Agent, or any
material development in any material litigation that is reasonably likely to be adversely determined, and would, in either case, if adversely determined be reasonably expected to have a Material Adverse Effect; 

(d) (i) of the occurrence of any ERISA Event, where there is any reasonable likelihood of the imposition of liability on
any Loan Party as a result thereof that would be reasonably expected to have a Material Adverse Effect; and (ii) promptly after any reasonable request therefor by the Administrative 

  
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 Agent or any Lender, copies of (A) any documents described in Section 101(i)(1) of
ERISA that any Borrower or any ERISA Affiliate may request with respect to any Multiemployer Plan or (B) any notices described in Section 101(l)(1) of ERISA that any Borrower or any ERISA Affiliate may request with respect to any
Multiemployer Plan; provided, however, that if the Borrowers or any ERISA Affiliate have not requested such documents or notices from the administrator or sponsor of the applicable Multiemployer Plan, the Borrowers or the applicable
ERISA Affiliate shall promptly make a request for such documents and notices from such administrator or sponsor and shall provide copies of such documents and notices promptly after receipt thereof; and 

(e) of the occurrence of any Foreign Plan Event, where there is any reasonable likelihood of the imposition of liability on any
Loan Party as a result thereof that would be reasonably 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 Parent Borrower setting forth details of the occurrence referred to therein and stating what action the Borrowers have taken and propose to take with respect
thereto. 
 Section 6.04 Payment of Taxes. Pay, discharge or otherwise satisfy as the same shall become due and payable, all
Taxes (including in its capacity as withholding agent) imposed upon it or its income, profits, properties or other 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 a Borrower or such Restricted Subsidiary; except to the extent the failure to pay, discharge or satisfy the same could not reasonably be expected, individually or in the aggregate, to have a Material
Adverse Effect. 
 Section 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 7.03 or 7.04, (b) take all reasonable action to maintain all rights, privileges (including its good standing, if such
concept is applicable in its jurisdiction of organization), permits, licenses and franchises necessary or desirable in the normal conduct of its business, except to the extent that failure to do so could not reasonably be expected to have a Material
Adverse Effect or as otherwise permitted hereunder, and (c) use commercially reasonable efforts to preserve or renew all of its registered copyrights, patents, trademarks, trade names and service marks, the
non-preservation of which could reasonably be expected to have a Material Adverse Effect or as otherwise permitted hereunder, provided that nothing in this Section 6.05 shall require the preservation,
renewal or maintenance of, or prevent the abandonment by, any Borrower or Restricted Subsidiary of any registered copyrights, patents, trademarks, trade names and service marks that such Borrower or Restricted Subsidiary reasonably determines is not
useful to its business or no longer commercially desirable. 
 Section 6.06 Maintenance of Properties. Except if the failure to
do so could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, maintain, preserve and protect all of its tangible properties and equipment that are necessary in the operation of its business in good
working order, repair and condition, ordinary wear and tear excepted and casualty or condemnation excepted. 
 Section 6.07
Maintenance of Insurance. 
 (a) Except if the failure to do so could not reasonably be expected to have a Material Adverse Effect,
maintain in full force and effect, with insurance companies that the Parent Borrower believes (in the good faith judgment of the management of the Parent Borrower) are financially sound and responsible at the time the relevant coverage is placed or
renewed, insurance in at least such amounts (after giving effect to any self-insurance which the Parent Borrower believes (in the good faith judgment of management of the Parent Borrower) is reasonable and prudent in light of the size and nature of
its business) and against at least such risks (and with such risk retentions) as are usually insured against in the same general area by companies engaged in businesses similar to those engaged by the Borrowers and the Restricted Subsidiaries. The
Borrowers shall use commercially reasonable efforts to ensure that at all times the Collateral Agent, for the benefit of the Secured Parties, shall be named as an additional insured with respect to liability policies (other than directors and
officers policies and workers compensation) maintained by the Borrowers and each Subsidiary Guarantor and the Collateral Agent, for the benefit of the Secured Parties, shall be named as loss payee and mortgagee with respect to the property insurance
maintained by the Borrowers and each 

  
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 Subsidiary Guarantor; provided that, unless an Event of Default shall have occurred and be
continuing, (A) all proceeds from insurance policies shall be paid to the Borrowers, (B) to the extent the Collateral Agent receives any proceeds, the Collateral Agent shall turn over to the Borrowers any amounts received by it as an
additional insured or loss payee under any property insurance maintained by the Borrowers and their Subsidiaries, and (C) the Collateral Agent agrees that the Borrowers and/or their applicable Subsidiaries shall have the sole right to adjust or
settle any claims under such insurance. Notwithstanding anything to the contrary herein, with respect to Foreign Subsidiaries and Collateral located outside of the United States, the requirements of this Section 6.07(a) shall be deemed
satisfied if the Parent Borrower obtains insurance policies that are customary and appropriate for the applicable jurisdiction. 
 (b) If
(x) any improved portion of any Mortgaged Property located in the United States is at any time located in an area identified by the Federal Emergency Management Agency (or any successor agency) as a special flood hazard area with respect to
which flood insurance has been made available under the National Flood Insurance Act of 1968 (as now or hereafter in effect or successor act thereto) and (y) the Collateral Agent shall have delivered notice(s) to the relevant Borrower Party
pursuant to Section 208.25(i) of Regulation H of the FRB stating that such mortgaged property is located in the United States and in such special flood hazard area with respect to which such flood insurance has been made available, then the
Borrowers shall, or shall cause each Loan Party to (i) maintain, or cause to be maintained, with a financially sound and reputable insurer, flood insurance in an amount and otherwise sufficient to comply with all applicable rules and
regulations promulgated pursuant to the Flood Insurance Laws and (ii) deliver to the Administrative Agent evidence of such compliance in form and substance reasonably acceptable to the Administrative Agent. 

Section 6.08 Compliance with Laws. Comply with the requirements of all applicable Laws (including, without limitation, ERISA, the
PATRIOT Act and Environmental Laws) and all orders, writs, injunctions and decrees of any Governmental Authority applicable to it or to its business or property, except if the failure to comply therewith, either individually or in the aggregate,
could not reasonably be expected to have a Material Adverse Effect. 
 Section 6.09 Books and Records. Maintain proper books of
record and account, in a manner to allow financial statements to be prepared in all material respects in conformity with GAAP consistently applied in respect of all financial transactions and matters involving the assets and business of the Parent
Borrower or, if applicable, Holdings or such Restricted Subsidiary, as the case may be (it being understood and agreed that Foreign Subsidiaries may maintain individual books and records in conformity with generally accepted accounting principles
that are applicable in their respective jurisdiction of organization). 
 Section 6.10 Inspection Rights. Permit representatives
of the Administrative Agent and, during the continuance of any Event of Default, of each Lender to visit and inspect any of its properties (subject to the rights of lessees or sublessees thereof and subject to any restrictions or limitations in the
applicable lease, sublease or other written occupancy arrangement pursuant to which such Borrower or such Restricted Subsidiary is a party), 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, managers, officers, and independent public accountants (subject to such accountants’ customary policies and procedures), all at the reasonable expense of the Borrowers and at
such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance written notice to the Borrowers; provided that, excluding any such visits and inspections during the continuation of an Event of
Default, (i) only the Administrative Agent on behalf of the Lenders may exercise rights under this Section 6.10, (ii) the Administrative Agent shall not exercise such rights more often than one time during any calendar year and
(iii) such exercise shall be at the Borrowers’ expense; provided further, that when an Event of Default is continuing the Administrative Agent (or any of their respective representatives) may do any of the foregoing at the expense of the
Borrowers at any time and from time to time during normal business hours and upon reasonable advance written notice. The Administrative Agent and the Lenders shall give the Borrowers the opportunity to participate in any discussions with the
Borrowers’ accountants. Notwithstanding anything to the contrary in this Section 6.10, none of the Borrowers nor any Restricted Subsidiary will be required to disclose or permit the inspection or discussion of, any document, information or
other matter (i) that constitutes non-financial trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the
Administrative Agent or any Lender (or their respective representatives or contractors) is prohibited by Law or any binding agreement or (iii) that is subject to attorney client or similar privilege or constitutes attorney work product. 

  
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 Section 6.11 Use of Proceeds. The Borrowers will use the Letters of Credit and
the proceeds of the Loans only as provided in Sections 5.07, 5.13(a), 5.19 and 5.20. 
 Section 6.12 Covenant to Guarantee
Obligations and Give Security. 
 (a) Upon the formation or acquisition of any new Wholly Owned Subsidiaries by any Loan Party
(provided that each of (i) any Subsidiary Redesignation resulting in an Unrestricted Subsidiary becoming a Restricted Subsidiary and (ii) any Excluded Subsidiary ceasing to be an Excluded Subsidiary but remaining a Restricted
Subsidiary (including a Controlled Foreign Subsidiary ceasing to be a Controlled Foreign Subsidiary or a FSHCO ceasing to be a FSHCO) shall be deemed to constitute the acquisition of a Restricted Subsidiary for all purposes of this
Section 6.12), and upon the acquisition of any property (other than Excluded Property and real property that is not Material Real Property) by any Loan Party, which property, in the reasonable judgment of the Administrative Agent, is not
already subject to a perfected Lien in favor of the Collateral Agent for the benefit of the Secured Parties (and where such a perfected Lien would be required in accordance with the terms of the Collateral Documents or other Loan Documents), the
Borrowers shall, at the Borrowers’ expense: 
 (i) in connection with the formation or acquisition of a Subsidiary, within 90 days after
such formation or acquisition or such longer period as the Collateral Agent may agree in its sole discretion, (A) cause each such Subsidiary that is not an Excluded Subsidiary to duly execute and deliver to the Collateral Agent a guaranty or
guaranty supplement, in form and substance reasonably satisfactory to the Collateral Agent, guaranteeing the Obligations and a joinder or supplement to the applicable Collateral Documents and (B) (if not already so delivered) deliver certificates
(or the foreign equivalent thereof, as applicable) representing the Pledged Interests of each such Subsidiary (if any) (other than any Unrestricted Subsidiary) held by the applicable Loan Party accompanied by undated stock powers or other
appropriate instruments of transfer executed in blank and instruments evidencing the Pledged Debt owing by such Subsidiary to any Loan Party indorsed in blank to the Collateral Agent, together with, if requested by the Collateral Agent, supplements
to the Security Agreement; provided that any Excluded Property shall not be required to be pledged as Collateral, 
 (ii) within 90
days after such formation or acquisition of any such property or any request therefor by the Collateral Agent (or such longer period, as the Collateral Agent may agree in its sole discretion) duly execute and deliver, and cause each such Subsidiary
that is not an Excluded Subsidiary to duly execute and deliver, to the Collateral Agent one or more Mortgages (and other documentation and instruments referred to in Section 6.14) (with respect to Material Real Properties only), Security
Agreement Supplements, Intellectual Property Security Agreement Supplements, as specified by and in form and substance reasonably satisfactory to the Collateral Agent (consistent, to the extent applicable, with the Security Agreement, the
Intellectual Property Security Agreement, the Mortgages and the other Collateral Documents (and Section 6.14)), securing payment of all the Obligations (but not securing the Obligations in respect of Letters of Credit or the Revolving Credit
Facility in those states that impose a mortgage tax on paydowns or re-advances applicable thereto) of the applicable Loan Party or such Subsidiary, as the case may be, under the Loan Documents and establishing Liens on all such properties or
property; provided that such properties or property shall not be required to be pledged as Collateral, and no Security Agreement Supplements, Intellectual Property Security Agreement Supplements shall be required to be delivered in respect
thereof, to the extent that any such properties or property constitute Excluded Property, 
 (iii) within 90 days after such request,
formation or acquisition, or such longer period, as the Collateral Agent may agree in its sole discretion, take, and cause such Subsidiary that is not an Excluded Subsidiary and each applicable Loan Party to take, whatever action (including the
recording of Mortgages (with respect to Material Real Properties only), the filing of UCC financing statements, the giving of notices and delivery of stock and membership interest certificates or foreign equivalents representing the applicable
Capital Stock) as may be necessary or advisable in the reasonable opinion of the Collateral Agent to vest in the Collateral Agent (or in any representative of the Collateral Agent designated by it) valid and subsisting Liens on the properties
purported to be subject to the Mortgages, Security Agreement Supplements, Intellectual Property Security Agreement Supplements, supplements to other Collateral Documents and security agreements delivered pursuant to this Section 6.12, in each
case to the extent required under the Loan Documents and subject to the Perfection Exceptions, enforceable against all third parties in accordance with their terms, 

  
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 (iv) within 90 days after the request of the Collateral Agent, or such longer period as the
Collateral Agent may agree in its sole discretion, deliver to the Collateral Agent, Organization Documents, resolutions and a signed copy of one or more opinions, addressed to the Collateral Agent and the other Secured Parties, of counsel for the
Loan Parties (or the Collateral Agent, as applicable) reasonably acceptable to the Collateral Agent as to such matters as the Collateral Agent may reasonably request (limited, in the case of any opinions of local counsel to Loan Parties constituting
Material Subsidiary Guarantors in jurisdictions in which any Mortgaged Property is located, to opinions relating to Material Real Property (and any other Mortgaged Properties located in the same jurisdiction as any such Material Real Property)),

 (v) within 90 days after the request of the Collateral Agent, or such longer period as the Collateral Agent may agree in its sole
discretion, deliver to the Collateral Agent with respect to each Material Real Property that is the subject of such request, title reports in scope, form and substance reasonably satisfactory to the Collateral Agent, fully paid American Land Title
Association Lender’s title insurance policies or the equivalent or other form available in the applicable jurisdiction in form and substance, with endorsements as provided in Section 6.14 and in amounts, reasonably acceptable to the
Collateral Agent (not to exceed the value of the Material Real Properties covered thereby and subject to any tie-in coverage available) but only to the extent such Material Real Property is located in the
United States, and 
 (vi) at any time and from time to time, promptly execute and deliver any and all further instruments and documents and
take all such other action as the Collateral Agent in its reasonable judgment may deem necessary or desirable in obtaining the full benefits of, or in perfecting and preserving the Liens of, such guaranties, Mortgages, Security Agreement
Supplements, Intellectual Property Security Agreement Supplements, Collateral Documents and security agreements. 
 Section 6.13
Compliance with Environmental Laws. Except, in each case, to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect, comply, and make all reasonable efforts to cause all lessees and other
Persons operating or occupying its properties to comply with all Environmental Laws and Environmental Permits; obtain, maintain and renew all applicable Environmental Permits necessary for its operations and properties; and, to the extent required
under Environmental Laws, conduct any investigation, mitigation, study, sampling and testing, and undertake any cleanup, removal or remedial, corrective or other action necessary to respond to and remove and clean up all Hazardous Materials from any
of its properties, in accordance with the requirements of all Environmental Laws. 
 Section 6.14 Further Assurances. Promptly
upon request by the Administrative Agent, or the Collateral Agent or any Lender through the Administrative Agent, and subject to the limitations described in Section 6.12, (i) correct any material defect or error that may be discovered in any
Loan Document or other document or instrument relating to any Collateral or in the execution, acknowledgment, filing or recordation thereof and (ii) do, execute, acknowledge, deliver, record, re-record,
file, re-file, register and re-register any and all such further acts, deeds, certificates, assurances and other instruments as the Administrative Agent, or the
Collateral Agent or any Lender through the Administrative Agent, may reasonably require from time to time in order to grant, preserve, protect and continue the validity, perfection and priority of the security interests created or intended to be
created by the Collateral Documents. By the date that is 120 days after the Closing Date, as such time period may be extended in the Collateral Agent’s reasonable discretion, the Borrowers shall, and shall cause each Restricted Subsidiary to,
deliver to the Collateral Agent: 
 (i) a Mortgage with respect to each Mortgaged Property, together with evidence each such Mortgage has
been duly executed, acknowledged and delivered by a duly authorized officer of each party thereto on or before such date in a form suitable for filing and recording in all appropriate local filing or recording offices that the Collateral Agent may
deem reasonably necessary or desirable in order to create a valid and subsisting perfected Lien on the property described therein in favor of the Collateral Agent for the benefit of the Secured Parties, subject only to Permitted Liens, and that all
filing and recording taxes and fees have been paid or otherwise provided for in a manner reasonably satisfactory to the Collateral Agent; 

(ii) fully paid American Land Title Association Lender’s title insurance policies or marked up unconditional binder for such insurance
(the “Mortgage Policies”) in form and substance reasonably requested by Collateral Agent, with endorsements reasonably requested by Collateral Agent, in amounts reasonably acceptable to the Collateral Agent (not to exceed the Fair
Market Value of the Material Real Properties covered thereby and subject to any tie-in coverage available), issued, coinsured and reinsured by title insurers reasonably acceptable to the Collateral Agent in
connection with any Material Real Property located in the United States; 

  
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 (iii) American Land Title Association/American Congress on Surveying and Mapping form
surveys, for which all necessary fees (where applicable) have been paid, certified to the Collateral Agent and the issuer of the Mortgage Policies in a manner reasonably satisfactory to the Collateral Agent by a land surveyor duly registered and
licensed in the States in which the property described in such surveys is located and reasonably acceptable to the Collateral Agent; provided that new or updated surveys will not be required if an existing survey, ExpressMap or other similar
documentation is available and survey coverage is available for the Mortgage Policies without the need for such new or updated surveys and provided further this foregoing requirement shall only be in connection with any Material Real
Property located in the United States; 
 (iv) in each case with respect to any Material Real Property (and any other Mortgaged Properties
located in the same state as any such Material Real Property), customary opinions of local counsel to the Loan Parties in jurisdictions in which the Mortgaged Property is located, with respect to the enforceability and perfection of the Mortgages
and, if applicable any related fixture filings, in form and substance reasonably satisfactory to the Collateral Agent; 
 (v) customary
opinions of counsel to the Loan Parties in the states in which the Loan Parties party to the Mortgages are organized or formed, with respect to the validly existence, corporate power and authority of such Loan Parties in the granting of the
Mortgages, in form and substance reasonably satisfactory to the Administrative Agent; 
 (vi) with respect to each improved Mortgaged
Property, a “Life-of Loan” Federal Emergency Management Agency Standard Flood Hazard Determination and, if the area in which any improvements located on any Mortgaged Property is designated a
“special flood hazard area” by the Federal Emergency Management Agency (or any successor agency), written acknowledgment of receipt of such notification from the Administrative Agent and evidence of flood insurance satisfying the
requirements of Section 6.07(b) hereof; 
 (vii) evidence that all other actions reasonably requested by the Administrative Agent, that
are necessary in order to create valid and subsisting Liens on the property described in the Mortgage, have been taken; and 
 (viii)
evidence that all fees, costs and expenses have been paid in connection with the preparation, execution, filing and recordation of the Mortgages, including reasonable attorneys’ fees, filing and recording fees, title insurance company
coordination fees, documentary stamp, mortgage and intangible taxes and title search charges and other charges incurred in connection with the recordation of the Mortgages and the other matters described in this Section 6.14 and as otherwise
required to be paid in connection therewith under Section 10.04. 
 Section 6.15 Maintenance of Ratings. Use commercially
reasonable efforts to obtain and maintain (but not obtain or maintain a specific rating) (i) a public corporate family rating of the Parent Borrower and a rating of the Facilities, in each case from Moody’s, and (ii) a public
corporate credit rating of the Parent Borrower and a rating of the Facilities, in each case from S&P (it being understood and agreed that “commercially reasonable efforts” shall in any event include the payment by the Parent Borrower
of customary rating agency fees and cooperation with information and data requests by Moody’s and S&P in connection with their ratings process). 

Section 6.16 Post-Closing Undertakings. Within the time periods specified on Schedule 6.16
hereto (as each may be extended by the Administrative Agent in its reasonable discretion), provide such Collateral Documents and complete such undertakings as are set forth on Schedule 6.16 hereto. 

Section 6.17 No Change in Line of Business. Continue to engage in substantially similar lines of business as those lines of
business conducted by the Borrowers and the Restricted Subsidiaries on the date hereof including any business reasonably related, complementary, synergistic or ancillary thereto or reasonable extensions thereof. 

  
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 Section 6.18 Transactions with Affiliates. 

(a) The Borrowers will not, and will not permit their Restricted Subsidiaries to, directly or indirectly, 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 or series of transactions, contract, agreement, understanding, loan, advance or guarantee
with, or for the benefit of, any Affiliate of any Borrower involving aggregate consideration in excess of $50.0 million, unless (each of the foregoing, an “Affiliate Transaction”): 

(i) such Affiliate Transaction is on terms that are not materially less favorable to the relevant Borrower or the relevant Restricted
Subsidiary than those that could have been obtained in a comparable transaction by the relevant Borrower or such Restricted Subsidiary with an unrelated Person on an arm’s length basis; and 

(ii) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate consideration in excess of
$60.0 million, the Parent Borrower delivers to the Administrative Agent a resolution adopted in good faith by the majority of the board of directors of the Parent Borrower, Holdings or any Parent Holding Company, approving such Affiliate
Transaction, together with a certificate signed by a Responsible Officer of the Parent Borrower certifying that the board of directors of the Parent Borrower, Holdings or any Parent Holding Company determined or resolved that such Affiliate
Transaction complies with Section 6.18(a)(i). 
 (b) The provisions of Section 6.18(a) shall not apply to the following: 

(1) (a) transactions between or among the Loan Parties (other than Holdings) and/or any of their Restricted Subsidiaries (or an
entity that becomes a Restricted Subsidiary as a result of such transaction) and (b) any merger, amalgamation or consolidation of any Borrower and Holdings or any Parent Holding Company; provided that such parent entity shall have no
material liabilities and no material assets (other than cash, Cash Equivalents and the Capital Stock of a Borrower) and such merger, amalgamation or consolidation is otherwise in compliance with the terms of this Agreement and effected for a bona
fide business purpose; 
 (2) (a) Restricted Payments permitted by Section 7.05 and (b) Permitted Investments; 

(3) transactions in which any Borrower or any Restricted Subsidiary, as the case may be, delivers to the Administrative Agent a
letter from an Independent Financial Advisor stating that such transaction is fair to such Borrower or such Restricted Subsidiary from a financial point of view or meets the requirements of 6.18(a)(i); 

(4) payments, loans, advances or guarantees (or cancellation of loans, advances or guarantees) to employees, officers,
directors, managers, consultants or independent contractors for bona fide business purposes or in the ordinary course of business; 

(5) any agreement or arrangement as in effect as of the Closing Date (other than the Management Agreement) or as thereafter
amended, supplemented or replaced (so long as such amendment, supplement or replacement agreement is not materially disadvantageous to the Lenders when taken as a whole as compared to the original agreement or arrangement as in effect on the Closing
Date) or any transaction or payments contemplated thereby; 
 (6) the Management Agreement or any transaction or payments
(including reimbursement of out-of-pocket expenses or payments under any indemnity obligations) contemplated thereby; 
 (7)
the existence of, or the performance by any Borrower or any of its Restricted Subsidiaries of its obligations under the terms of, any stockholders or similar agreement (including any registration rights agreement or purchase agreement related
thereto) to which it is a party as of the Closing Date or similar transactions, arrangements or agreements which it may enter into thereafter; provided, however, that the existence of, or the performance by any Borrower or any of its
Restricted Subsidiaries of its 

  
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 obligations under, any future amendment to any such existing transaction, arrangement or
agreement or under any similar transaction, arrangement or agreement entered into after the Closing Date shall only be permitted by this clause (7) to the extent that the terms of any such existing transaction, arrangement or agreement,
together with all amendments thereto, taken as a whole, or new transaction, arrangement or agreement are not otherwise disadvantageous to the Lenders, in any material respect when taken as a whole as compared with the original transaction,
arrangement or agreement as in effect on the Closing Date; 
 (8) transactions with customers, clients, suppliers or
purchasers or sellers of goods or services, in each case, in the ordinary course of business and otherwise in compliance with the terms of this Agreement, which are fair to the Borrowers and their Restricted Subsidiaries or are on terms at least as
favorable as might reasonably have been obtained at such time from an unaffiliated party; 
 (9) any transaction effected as
part of a Qualified Receivables Financing; 
 (10) the sale, issuance or transfer of Equity Interests (other than
Disqualified Stock) of a Borrower; 
 (11) payments by any Borrower or any of its Restricted Subsidiaries to the Sponsors
made for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities, including, without limitation, in connection with acquisitions or divestitures, which payments are approved by a
majority of the board of directors of the Parent Borrower, Holdings or any Parent Holding Company in good faith or a majority of the disinterested members of the board of directors of the Parent Borrower, Holdings or any Parent Holding Company in
good faith; 
 (12) any contribution to the capital of a Borrower (other than Disqualified Stock) or any investments by the
Sponsors or a direct or indirect parent of a Borrower in Equity Interests (other than Disqualified Stock) of a Borrower (and payment of reasonable out-of-pocket expenses incurred by the Sponsors or a direct or
indirect parent of a Borrower in connection therewith); 
 (13) any transaction with a Person (other than an Unrestricted
Subsidiary) that would constitute an Affiliate Transaction solely because a Borrower or a Restricted Subsidiary owns an Equity Interest in or otherwise controls such Person; provided that no Affiliate of any Borrower or any of its
Subsidiaries (other than a Borrower or a Restricted Subsidiary) shall have a beneficial interest or otherwise participate in such Person; 

(14) transactions between any Borrower or any of its Restricted Subsidiaries and any Person that would constitute an Affiliate
Transaction solely because such Person is a director or such Person has a director which is also a director of any Borrower or any direct or indirect parent of any Borrower; provided, however, that such director abstains from voting as
a director of such Borrower or such direct or indirect parent of any Borrower, as the case may be, on any matter involving such other Person; 

(15) the entering into of any tax sharing agreement or arrangement and any payments pursuant thereto, in each case to the
extent permitted by clause (12), (13)(a) or (13)(e) of the second paragraph under Sections 7.05; 
 (16) transactions to
effect the Transactions and the payment of all transaction, underwriting, commitment and other fees and expenses related to the Transactions; 

(17) pledges of Equity Interests of Unrestricted Subsidiaries; 

(18) the issuances of securities or other payments, awards or grants in cash, securities or otherwise pursuant to, or the
funding of, employment arrangements, equity purchase agreements, stock options and stock ownership plans or similar employee benefit plans approved by the board of directors of the Parent Borrower, Holdings or any Parent Holding Company or of a
Restricted Subsidiary, as appropriate, in good faith; 

  
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 (19) (i) any employment, consulting, service or termination agreement, or
customary indemnification arrangements, entered into by any Borrower or any of its Restricted Subsidiaries with current, former or future officers, directors, employees, managers, consultants and independent contractors of any Borrower or any of its
Restricted Subsidiaries (or of any direct or indirect parent of such Borrower to the extent such agreements or arrangements are in respect of services performed for such Borrower or any of the Restricted Subsidiaries), (ii) any subscription
agreement or similar agreement pertaining to the repurchase of Equity Interests pursuant to put/call rights or similar rights with current, former or future officers, directors, employees, managers, consultants and independent contractors of any
Borrower or any of its Restricted Subsidiaries or of any direct or indirect parent of such Borrower and (iii) any payment of compensation or other employee compensation, benefit plan or arrangement, any health, disability or similar insurance
plan which covers officers, directors, employees, managers, consultants and independent contractors of any Borrower or any of its Restricted Subsidiaries or any direct or indirect parent of such Borrower (including amounts paid pursuant to any
management equity plan or any other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, stock option or similar plans and any successor plan thereto and any supplemental executive retirement benefit
plans or arrangements), in each case in the ordinary course of business or as otherwise approved in good faith by the board of directors of Parent Borrower, Holdings or any Parent Holding Company or of a Restricted Subsidiary or a direct or indirect
parent of any Borrower, as appropriate; 
 (20) investments by Affiliates in Indebtedness or preferred Equity Interests of
any Borrower or any of its Subsidiaries, so long as non-Affiliates were also offered the opportunity to invest in such Indebtedness or preferred Equity Interests, and transactions with Affiliates solely in
their capacity as holders of Indebtedness or preferred Equity Interests of any Borrower or any of its Subsidiaries, so long as such transaction is with all holders of such class (and there are such
non-Affiliate holders) and such Affiliates are treated no more favorably than all other holders of such class generally; 

(21) the existence of, or the performance by any Borrower or any of its Restricted Subsidiaries of their obligations under the
terms of, any registration rights agreement to which they are a party or become a party in the future; 
 (22) investments by
the Sponsors or a direct or indirect parent of any Borrower in securities of any Borrower or any Restricted Subsidiary (and payment of reasonable out-of-pocket expenses incurred by the Sponsors or a direct or
indirect parent of such Borrower in connection therewith); 
 (23) transactions with joint ventures for the purchase or sale
of goods, equipment and services entered into in the ordinary course of business; 
 (24) any lease entered into between any
Borrower or any Restricted Subsidiary, as lessee, and any Affiliate of any Borrower, as lessor, in the ordinary course of business; 

(25) (i) intellectual property licenses and (ii) intercompany intellectual property licenses and research and development
agreements in the ordinary course of business; 
 (26) transactions pursuant to, and complying with, Section 7.01 (to
the extent such transaction complies with Section 6.18(a)(i)) or Section 7.03; or 
 (27) intercompany transactions
undertaken in good faith for the purpose of improving the consolidated tax efficiency of the Borrowers and their Restricted Subsidiaries and not for the purpose of circumventing any covenant set forth herein. 

  
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 ARTICLE VII.  

Negative Covenants 
 So
long as any Lender shall have any Commitment hereunder, any Loan or other Obligation (other than contingent indemnification obligations as to which no claim has been asserted and obligations and liabilities under Secured Cash Management Agreements
and Secured Hedge Agreements) hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding (other than Letters of Credit which have been Cash Collateralized), (A) except with respect to Section 7.09, the
Borrowers shall not, nor shall they permit any other Restricted Subsidiary to, directly or indirectly and (B) with respect to Section 7.09, Holdings shall not: 

Section 7.01 Indebtedness. Directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or
indirectly liable, contingently or otherwise (collectively, “incur” and collectively, an “incurrence”) any Indebtedness (including Acquired Indebtedness) or issue any shares of Disqualified Stock, and the Parent Borrower will not
permit any of its Restricted Subsidiaries to issue any shares of Preferred Stock; provided however, that the Parent Borrower and any Restricted Subsidiary may incur Indebtedness (including Acquired Indebtedness) or issue shares of
Disqualified Stock and any Restricted Subsidiary may issue shares of Preferred Stock, in each case if the Total Net Leverage Ratio for the Parent Borrower and its Restricted Subsidiaries calculated as of the date on which such additional
Indebtedness is Incurred or such Disqualified Stock or Preferred Stock is issued would not exceed 6.75 to 1.00 (“Ratio Debt”); provided, further, that the aggregate amount of Indebtedness (including Acquired
Indebtedness) that may be incurred and Disqualified Stock or Preferred Stock that may be issued pursuant to the foregoing by Subsidiaries that are not Loan Parties (together with the aggregate amount of Indebtedness that may be incurred or assumed
and Disqualified Stock or Preferred Stock that may be issued pursuant to clause (o) of the second paragraph of this Section 7.01 by Subsidiaries that are not Loan Parties) shall not exceed the greater of (x) $225.0 million and (y)
14.0% of Consolidated Net Tangible Assets, at any one time outstanding, on a Pro Forma Basis (including pro forma application of the proceeds therefrom). 

The foregoing limitations will not apply to (collectively, “Permitted Debt”): 

(a) (x) Indebtedness arising under the Loan Documents including any refinancing thereof in accordance with
Section 2.18, (y) Indebtedness of the Loan Parties evidenced by Refinancing Notes and any Permitted Refinancing thereof (or successive Permitted Refinancings thereof) and (z) Indebtedness of the Loan Parties evidenced by New Incremental
Notes and any Permitted Refinancing thereof (or successive Permitted Refinancings thereof); 
 (b) the Incurrence by the
Borrowers and the Guarantors of Indebtedness represented by the Senior Notes and the Guarantees thereof, as applicable; 

(c) Indebtedness of the Parent Borrower and its Restricted Subsidiaries existing on the Closing Date (other than Indebtedness
described in clause (a) or (b) above) and listed on Schedule 7.01; 
 (d) Indebtedness (including, without limitation,
Capitalized Lease Obligations and mortgage financings as purchase money obligations) incurred by the Parent Borrower or any of its Restricted Subsidiaries, Disqualified Stock issued by the Parent Borrower or any of its Restricted Subsidiaries and
Preferred Stock issued by any Restricted Subsidiaries to finance all or any part of the purchase, lease, construction, installation, repair or improvement of property (real or personal), plant or equipment or other fixed or capital assets (whether
through the direct purchase of assets or the Equity Interests of any Person owning such assets) and Indebtedness arising from the conversion of the obligations of the Parent Borrower or any Restricted Subsidiary under or pursuant to any
“synthetic lease” transactions to on-balance sheet Indebtedness of the Parent Borrower or such Restricted Subsidiary, in an aggregate principal amount or liquidation preference, including all Indebtedness incurred and Disqualified Stock or
Preferred Stock issued to renew, refund, refinance, replace, defease or discharge any Indebtedness Incurred or Disqualified Stock or Preferred Stock issued pursuant to this clause (d), not to exceed the greater of (x) $125.0 million and (y)
7.5% of Consolidated Net Tangible Assets, at any one time outstanding, plus, in the case of any refinancing of any Indebtedness permitted under this clause (d) or any portion thereof, the aggregate amount of fees, underwriting discounts,
accrued and unpaid interest, premiums and other costs and expenses incurred in connection with such refinancing; provided that Capitalized Lease Obligations incurred by the Parent Borrower or any Restricted Subsidiary pursuant to this clause
(d) in connection with a Sale/Leaseback Transaction shall not be subject to the foregoing limitation so long as the proceeds of such Sale/Leaseback Transaction are used by the Parent Borrower or such Restricted Subsidiary to permanently repay
outstanding Term Loans under this Agreement or other Pari Passu Indebtedness that is secured by pari passu Liens on the Collateral; 

  
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 (e) Indebtedness incurred by the Parent Borrower or any of its Restricted
Subsidiaries constituting reimbursement obligations with respect to letters of credit or bank guarantees or similar instruments issued in the ordinary course of business, including, without limitation, (i) letters of credit or performance or
surety bonds in respect of workers’ compensation claims, health, disability or other employee benefits (whether current or former) or property, casualty or liability insurance or self-insurance, or other Indebtedness with respect to reimbursement-type obligations regarding workers’ compensation claims, health, disability or other employee benefits (whether current or former) or property, casualty or liability insurance and
(ii) guarantees of Indebtedness incurred by customers in connection with the purchase or other acquisition of equipment or supplies in the ordinary course of business; 

(f) Indebtedness, Disqualified Stock or Preferred Stock arising from agreements of the Parent Borrower or its Restricted
Subsidiaries providing for indemnification, earn-outs, adjustment of purchase or acquisition price or similar obligations, in each case, Incurred in connection with the acquisition or disposition of any business, assets or a Subsidiary of the Parent
Borrower in accordance with this Agreement, other than guarantees of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or Subsidiary for the purpose of financing such acquisition; 

(g) Indebtedness or Disqualified Stock of the Parent Borrower to a Restricted Subsidiary; provided that (x) such
Indebtedness or Disqualified Stock owing to a Non-Loan Party shall be subordinated in right of payment to the Parent Borrower’s Obligations with respect to this Agreement pursuant to the Intercompany
Subordination Agreement and (y) any subsequent issuance or transfer of any Capital Stock or any other event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any other subsequent transfer of any such
Indebtedness (except to the Parent Borrower or another Restricted Subsidiary) shall be deemed, in each case, to be an incurrence of such Indebtedness not permitted by this clause (g); 

(h) shares of Preferred Stock of a Restricted Subsidiary issued to the Parent Borrower or another Restricted Subsidiary;
provided that any subsequent issuance or transfer of any Capital Stock or any other event that results in any Restricted Subsidiary that holds such shares of Preferred Stock of another Restricted Subsidiary ceasing to be a Restricted
Subsidiary or any other subsequent transfer of any such shares of Preferred Stock (except to the Parent Borrower or another Restricted Subsidiary) shall be deemed, in each case, to be an issuance of shares of Preferred Stock not permitted by this
clause (h); 
 (i) Indebtedness, Disqualified Stock or Preferred Stock of a Restricted Subsidiary or the Parent Borrower
owing to the Parent Borrower or another Restricted Subsidiary; provided that (x) if the Parent Borrower or a Loan Party incurs such Indebtedness, Disqualified Stock or Preferred Stock owing to a
Non-Loan Party, such Indebtedness, Disqualified Stock or Preferred Stock is subordinated in right of payment to the Parent Borrower’s Obligations or Guarantee of such Loan Party, as applicable, pursuant
to the Intercompany Subordination Agreement and (y) any subsequent issuance or transfer of any Capital Stock or any other event that results in any Restricted Subsidiary lending such Indebtedness, Disqualified Stock or Preferred Stock ceasing
to be a Restricted Subsidiary or any other subsequent transfer of any such Indebtedness (except to the Parent Borrower or another Restricted Subsidiary) shall be deemed, in each case, to be an incurrence of such Indebtedness, Disqualified Stock or
Preferred Stock not permitted by this clause (i); 
 (j) Swap Contracts and cash management services incurred, other than for
speculative purposes; 
 (k) obligations (including reimbursement obligations with respect to letters of credit or bank
guarantees or similar instruments) in respect of customs, self-insurance, performance, bid, appeal and surety bonds and completion guarantees and similar obligations provided by the Parent Borrower or any
Restricted Subsidiary; 
 (l) Indebtedness or Disqualified Stock of the Parent Borrower or any of its Restricted Subsidiaries
and Preferred Stock of any of its Restricted Subsidiaries in an aggregate principal amount or liquidation preference that, when aggregated with the principal amount or liquidation preference of all other

  
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Indebtedness, Disqualified Stock and Preferred Stock then outstanding and Incurred pursuant to this clause (l), does not exceed the greater of (x) $250.0 million and (y) 15.0% of
Consolidated Net Tangible Assets, at any one time outstanding, plus, in the case of any refinancing of any Indebtedness, Disqualified Stock or Preferred Stock permitted under this clause (l) or any portion thereof, the aggregate amount
of fees, underwriting discounts, accrued and unpaid interest, premiums and other costs and expenses incurred in connection with such refinancing; 

(m) any guarantee by the Parent Borrower or a Restricted Subsidiary of Indebtedness or other obligations of the Parent Borrower
or any of its Restricted Subsidiaries so long as the incurrence of such Indebtedness or other obligations by the Parent Borrower or such Restricted Subsidiary is permitted under the terms of this Agreement; 

(n) the incurrence by the Parent Borrower or any of its Restricted Subsidiaries of Indebtedness or the incurrence of
Disqualified Stock or Preferred Stock of a Restricted Subsidiary that serves to refund, refinance, replace, redeem, repurchase, retire or defease, and is in an aggregate principal amount (or if issued with original issue discount an aggregate issue
price) that is equal to or less than, Indebtedness incurred or Disqualified Stock or Preferred Stock issued as Ratio Debt or permitted under clause (b), clause (c), this clause (n), clause (o) or clause (r) of this Section 7.01 or
subclause (y) of clauses (d), (l), (t), (cc) or (dd) of this Section 7.01 (provided that any amounts incurred under this clause (n) as Refinancing Indebtedness of subclause (y) of these clauses shall reduce the amount
available under such subclause (y) of such clauses), plus any additional Indebtedness incurred or Disqualified Stock or Preferred Stock issued to pay unpaid accrued interest and the aggregate amount of premiums (including reasonable tender
premiums), and underwriting discounts, defeasance costs and fees and expenses in connection therewith (subject to the following proviso, “Refinancing Indebtedness”); provided, however, that such Refinancing
Indebtedness: 
 (1) has a weighted average life to maturity at the time such Refinancing Indebtedness is incurred that is
not less than the remaining weighted average life to maturity of the Indebtedness, Disqualified Stock or Preferred Stock being refunded, refinanced, replaced, redeemed, repurchased or retired; 

(2) in the case of any revolving Indebtedness, has a Stated Maturity which is no earlier than the Stated Maturity of the
Indebtedness being refunded, refinanced, replaced, redeemed, repurchased or retired; 
 (3) to the extent that such
Refinancing Indebtedness refinances (i) Subordinated Indebtedness, such Refinancing Indebtedness is Subordinated Indebtedness or (ii) Disqualified Stock or Preferred Stock, such Refinancing Indebtedness is Disqualified Stock or Preferred
Stock, respectively; and 
 (4) shall not include (x) Indebtedness, Disqualified Stock or Preferred Stock of a Non-Loan Party that refinances Indebtedness, Disqualified Stock or Preferred Stock of a Borrower or a Guarantor, or (y) Indebtedness or Disqualified Stock of a Borrower or Indebtedness, Disqualified Stock or
Preferred Stock of a Restricted Subsidiary that refinances Indebtedness, Disqualified Stock or Preferred Stock of an Unrestricted Subsidiary; 

provided that subclause (1) will not apply to any refunding or refinancing of any secured Indebtedness; 

(o) (1) Indebtedness, Disqualified Stock or Preferred Stock (i) of the Parent Borrower or any Restricted Subsidiaries
incurred or assumed in connection with an acquisition of any assets (including Capital Stock), business or Person and (ii) of any Person that is acquired by the Parent Borrower or any of its Restricted Subsidiaries or merged into or
consolidated or amalgamated with the Parent Borrower or a Restricted Subsidiary in accordance with the terms of this Agreement and (2) Indebtedness incurred or assumed in anticipation of an acquisition of any assets, business or Person;
provided, however, that after giving effect to such acquisition, merger, consolidation or amalgamation and the incurrence of such Indebtedness, Disqualified Stock or Preferred Stock, either: 

  
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 (i) the Parent Borrower would be permitted to Incur at least $1.00 of
additional Indebtedness as Ratio Debt; or 
 (ii) the Total Net Leverage Ratio of the Parent Borrower is equal to or less
than such ratio immediately prior to such acquisition, merger, consolidation or amalgamation; 
 provided further, that the
aggregate amount of Indebtedness that may be incurred or assumed and Disqualified Stock or Preferred Stock that may be issued pursuant to this clause (o) by Subsidiaries that are not Loan Parties (together with the aggregate amount of
Indebtedness (including Acquired Indebtedness) that may be incurred and Disqualified Equity Interest or Preferred Stock that may be issued pursuant to the first paragraph of this Section 7.01 by Subsidiaries that are not Loan Parties) shall not
exceed the greater of (x) $225.0 million and (y) 14.0% of Consolidated Net Tangible Assets, at any one time outstanding on a Pro Forma Basis (including pro forma application of the proceeds therefrom); 

(p) Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or similar instrument
drawn against insufficient funds in the ordinary course of business; 
 (q) Indebtedness of the Parent Borrower or any
Restricted Subsidiary supported by a letter of credit or bank guarantee issued pursuant to any credit facility permitted hereunder, so long as such letter of credit has not been terminated and is in a principal amount not in excess of the stated
amount of such letter of credit or bank guarantee; 
 (r) Contribution Indebtedness; 

(s) Indebtedness, Disqualified Stock or Preferred Stock of the Parent Borrower or any Restricted Subsidiary consisting of
(x) the financing of insurance premiums or (y) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary course of business; 

(t) Indebtedness, Disqualified Stock or Preferred Stock of Non-Loan Parties in an aggregate principal amount not to exceed the
greater of (x) $200.0 million and (y) 12.0% of Consolidated Net Tangible Assets, at any one time outstanding, plus, in the case of any refinancing of any Indebtedness, Disqualified Stock or Preferred Stock permitted under this clause or
any portion thereof, the aggregate amount of fees, underwriting discounts, accrued and unpaid interest, premiums and other costs and expenses Incurred in connection with such refinancing, outstanding at any one time; 

(u) Indebtedness, Disqualified Stock or Preferred Stock of a joint venture to the Parent Borrower or a Restricted Subsidiary
and to the other holders of Equity Interests or participants of such joint venture, so long as the percentage of the aggregate amount of such Indebtedness, Disqualified Stock or Preferred Stock of such joint venture owed to such holders of its
Equity Interests or participants of such joint venture does not exceed the percentage of the aggregate outstanding amount of the Equity Interests of such joint venture held by such holders or such participant’s participation in such joint
venture; 
 (v) Indebtedness incurred by a Receivables Subsidiary in a Qualified Receivables Financing that is not recourse
to the Parent Borrower or any Restricted Subsidiary other than a Receivables Subsidiary (except for Standard Securitization Undertakings); 

(w) Indebtedness owed on a short-term basis to banks and other financial institutions incurred in the ordinary course of
business of the Parent Borrower and the Restricted Subsidiaries with such banks or financial institutions that arises in connection with ordinary banking arrangements, including cash management, cash pooling arrangements and related activities to
manage cash balances of the Parent Borrower and its Subsidiaries and joint ventures including treasury, depository, overdraft, credit, purchasing or debit card, electronic funds transfer and other cash management arrangements and Indebtedness in
respect of netting services, overdraft protection, credit card programs, automatic clearinghouse arrangements and similar arrangements; 

  
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 (x) Indebtedness, Disqualified Stock or Preferred Stock consisting of
Indebtedness, Disqualified Stock or Preferred Stock issued by the Parent Borrower or any Restricted Subsidiary to future, current or former officers, directors, managers, employees, consultants and independent contractors thereof or any direct or
indirect parent thereof, their respective estates, heirs, family members, spouses or former spouses, in each case to finance the purchase or redemption of Equity Interests of the Parent Borrower or any direct or indirect parent of the Parent
Borrower to the extent permitted under Section 7.05; 
 (y) customer deposits and advance payments received in the
ordinary course of business from customers for goods purchased in the ordinary course of business; 
 (z) Indebtedness
Incurred by the Parent Borrower or a Restricted Subsidiary in connection with bankers’ acceptances, discounted bills of exchange, warehouse receipts or similar facilities or the discounting or factoring of receivables for credit management
purposes, in each case incurred or undertaken in the ordinary course of business; 
 (aa) Indebtedness or Disqualified Stock
incurred by the Parent Borrower or any Restricted Subsidiary on terms consistent with clause (n) above to the extent that the net proceeds thereof are promptly deposited with the applicable trustee to satisfy and discharge the Senior Notes in
accordance with the Senior Notes Indenture; 
 (bb) (i) guarantees incurred in the ordinary course of business in
respect of obligations to suppliers, customers, franchisees, lessors, licensees, sub-licensees and distribution partners and (ii) Indebtedness Incurred by the Parent Borrower or a Restricted Subsidiary as
a result of leases entered into by the Parent Borrower or such Restricted Subsidiary or any Permitted Parent in the ordinary course of business; 

(cc) the incurrence by the Parent Borrower or any Restricted Subsidiary of Indebtedness incurred or Disqualified Stock or
Preferred Stock issued on behalf, or representing guarantees of Indebtedness incurred or Disqualified Stock or Preferred Stock issued by, joint ventures; provided that the aggregate principal amount of Indebtedness incurred or guaranteed or
Disqualified Stock or Preferred Stock issued or guaranteed pursuant to this clause (cc) does not at any one time outstanding exceed the greater of (x) $50.0 million and (y) 3.0% of Consolidated Net Tangible Assets at any one time
outstanding, plus, in the case of any refinancing of any Indebtedness, Disqualified Stock or Preferred Stock permitted under this clause (cc) or any portion thereof, the aggregate amount of fees, underwriting discounts, accrued and
unpaid interest, premiums and other costs and expenses incurred in connection with such refinancing; 
 (dd) Indebtedness,
Disqualified Stock or Preferred Stock of the Parent Borrower or a Restricted Subsidiary incurred to finance or assumed in connection with an acquisition of any assets (including Capital Stock), business or Person in an aggregate principal amount or
liquidation preference that does not exceed the greater of (x) $150.0 million and (y) 9.00% of Consolidated Net Tangible Assets, at any one time outstanding, plus, in the case of any refinancing of any Indebtedness, Disqualified Stock or
Preferred Stock permitted under this clause (dd) or any portion thereof, the aggregate amount of fees, underwriting discounts, accrued and unpaid interest, premiums and other costs and expenses incurred in connection with such refinancing; 

(ee) Indebtedness consisting of obligations of the Parent Borrower or any Restricted Subsidiary under deferred compensation or
other similar arrangements incurred by such Person in connection with the Transactions or any Permitted Investment; and 

(ff) unfunded pension fund and other employee benefit plan obligations and liabilities to the extent that they are permitted to
remain unfunded under applicable law. 
 For purposes of determining compliance with this covenant, in the event that an item of
Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) meets the criteria of more than one of the categories of Permitted Debt or is entitled to be incurred or issued as Ratio Debt, the Parent Borrower shall, in its sole

  
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discretion, at the time of incurrence or issuance, divide, classify or reclassify, or at any later time divide, classify or reclassify, such item of Indebtedness, Disqualified Stock or Preferred
Stock (or any portion thereof) in any manner that complies with this covenant; provided that all Indebtedness under this Agreement incurred on the Closing Date shall be deemed to have been Incurred pursuant to Section 7.01(a) and the
Parent Borrower shall not be permitted to reclassify all or any portion of Indebtedness Incurred on the Closing Date pursuant to Section 7.01(a). Accrual of interest or dividends, the accretion of accreted value, the accretion or amortization
of original issue discount, the payment of interest or dividends in the form of additional Indebtedness with the same terms, the payment of dividends on Disqualified Stock or Preferred Stock in the form of additional shares of Disqualified Stock or
Preferred Stock of the same class, the accretion of liquidation preference and increases in the amount of Indebtedness, Disqualified Stock or Preferred Stock outstanding solely as a result of fluctuations in the exchange rate of currencies will not
be deemed to be an incurrence of Indebtedness or issuance of Disqualified Stock or Preferred Stock for purposes of this covenant. Guarantees of, or obligations in respect of letters of credit relating to, Indebtedness that are otherwise included in
the determination of a particular amount of Indebtedness shall not be included in the determination of such amount of Indebtedness; provided that the incurrence of the Indebtedness represented by such guarantee or letter of credit, as the
case may be, was in compliance with this covenant. 
 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 calculated based on the relevant
currency exchange rate in effect on the date such Indebtedness was incurred, in the case of term debt, or first committed or first incurred (whichever yields the lower U.S. dollar-equivalent), in the case of revolving credit debt; provided
that if such Indebtedness is incurred to refinance other Indebtedness denominated in a foreign currency, and such refinancing would cause the applicable U.S. dollar-denominated restriction to be exceeded if calculated at the relevant currency
exchange rate in effect on the date of such refinancing, such U.S. dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount of such Refinancing Indebtedness does not exceed the principal amount of such
Indebtedness being refinanced (plus unpaid accrued interest and the aggregate amount of premiums (including reasonable tender premiums) and underwriting discounts, defeasance costs and fees, discounts and expenses in connection therewith). 

The principal amount of any Indebtedness incurred to refinance other Indebtedness, if incurred in a different currency from the Indebtedness
being refinanced, shall be calculated based on the currency exchange rate applicable to the currencies in which such respective Indebtedness is denominated that is in effect on the date of such refinancing. 

Section 7.02 Limitations on Liens. 

Permit any Borrower or any of the Subsidiary Guarantors to, create, incur, assume or suffer to exist any Lien upon any property or assets of
any kind (real or personal, tangible or intangible) of any Borrower or any Subsidiary Guarantor, whether now owned or hereafter acquired (each, a “Subject Lien”) that secures obligations under any Indebtedness on any asset or
property of any Borrower or any Subsidiary Guarantor, except: 
 (a) in the case of Subject Liens on any Collateral, such Subject Lien is a
Permitted Lien; and 
 (b) in the case of any other asset or property, any Subject Lien if (i) the Obligations are equally and ratably
secured with (or on a senior basis to, in the case such Subject Lien secures any Junior Financing) the obligations secured by such Subject Lien or (ii) such Subject Lien is a Permitted Lien. 

Any Lien created for the benefit of the Secured Parties pursuant to the preceding clause (b) shall provide by its terms that such Lien
shall be automatically and unconditionally be released and discharged upon the release and discharge of the Subject Lien that gave rise to the obligation to so secure the Obligations. 

Section 7.03 Fundamental Changes. Merge, dissolve, liquidate, amalgamate, consolidate with or into another Person, or Dispose of
(whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that, (other than in the case of clause (e)) so long as no Event of
Default would result therefrom: 

  
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 (a) any Restricted Subsidiary may merge, amalgamate or consolidate with (i) any
Borrower (including a merger, the purpose of which is to reorganize any Borrower into a new jurisdiction in any State of the United States); provided that such Borrower shall be the continuing or surviving Person or the surviving Person shall
expressly assume the obligations of such Borrower pursuant to documents reasonably acceptable to the Administrative Agent, or (ii) any one or more other Restricted Subsidiaries; provided that (x) any Restricted Subsidiary that is
not a Controlled Foreign Subsidiary or a FSHCO may not merge with any Restricted Subsidiary that is a Controlled Foreign Subsidiary or a FSHCO if such Controlled Foreign Subsidiary or such FSHCO shall be the continuing or surviving Person and
(y) when any Guarantor is merging with another Restricted Subsidiary that is not a Loan Party (A) the Guarantor shall be the continuing or surviving Person, (B) to the extent constituting an Investment, such Investment must be a
Permitted Investment or Indebtedness of a Restricted Subsidiary which is not a Loan Party in accordance with Section 7.01, respectively and (C) to the extent constituting a Disposition, such Disposition must be permitted hereunder; 

(b) (i) any Restricted Subsidiary that is not a Loan Party may merge, amalgamate or consolidate with or into any other Restricted
Subsidiary that is not a Loan Party and (ii) any Restricted Subsidiary may liquidate or dissolve, or any Borrower or any Restricted Subsidiary may (if the validity, perfection and priority of the Liens securing the Obligations is not adversely
affected thereby) change its legal form if the Parent Borrower determines in good faith that such action is in the best interest of Holdings and its Subsidiaries and is not disadvantageous to the Lenders in any material respect (it being understood
that in the case of any dissolution of a Restricted Subsidiary that is a Guarantor, such Subsidiary shall at or before the time of such dissolution transfer its assets to another Restricted Subsidiary that is a Guarantor in the same jurisdiction or
a different jurisdiction reasonably satisfactory to the Administrative Agent unless such Disposition of assets is permitted hereunder; and in the case of any change in legal form, a Restricted Subsidiary that is a Guarantor will remain a Guarantor
unless such Guarantor is otherwise permitted to cease being a Guarantor hereunder); 
 (c) any Restricted Subsidiary may Dispose of all or
substantially all of its assets (upon voluntary liquidation or otherwise) to any Borrower or to any Restricted Subsidiary; provided that if the transferor in such a transaction is a Guarantor, then (i) the transferee must either be a Borrower
or a Guarantor in the same jurisdiction or a different jurisdiction reasonably satisfactory to the Administrative Agent and (ii) to the extent constituting an Investment, such Investment must be a Permitted Investment or Indebtedness of a
Restricted Subsidiary which is not a Loan Party in accordance with Section 7.01, respectively; provided, further, that the Parent Borrower may Dispose of all or substantially all of its assets (upon voluntary liquidation or
otherwise) to any other Domestic Loan Party; 
 (d) any Restricted Subsidiary may merge, amalgamate or consolidate with, or dissolve into,
any other Person in order to effect Permitted Investment; provided that (i) the continuing or surviving Person shall, to the extent subject to the terms hereof, have complied with the requirements of Section 6.12 and (ii) to
the extent constituting an Investment, such Investment must be a Permitted Investment and (iii) to the extent constituting a Disposition, such Disposition must be permitted hereunder; 

(e) the Parent Borrower and the other Restricted Subsidiaries may consummate the Transaction; 

(f) any Restricted Subsidiary may merge, dissolve, liquidate, amalgamate, consolidate with or into another Person in order to effect a
Disposition permitted pursuant to Section 7.04 (other than Dispositions permitted by Section 7.03); and 
 (g) any Permitted
Investment may be structured as a merger, consolidation or amalgamation. 
 Section 7.04 Asset Sales. Cause or make an Asset
Sale, unless: 
 (1) the Parent Borrower or any of its Restricted Subsidiaries, as the case may be, receives consideration
(including by way of relief from, or by any other person assuming responsibility for, any liabilities, contingent or otherwise) at the time of such Asset Sale at least equal to the Fair Market Value (as determined at the time of contractually
agreeing to such Asset Sale) of the assets sold or otherwise disposed of; and 

  
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 (2) except in the case of a Permitted Asset Swap, at least 75% of the
consideration therefor received by the Parent Borrower or such Restricted Subsidiary, as the case may be, is in the form of cash or Cash Equivalents or Replacement Assets; provided, that the amount of: 

(a) any liabilities (as shown on the Parent Borrower’s or such Restricted Subsidiary’s most recent balance sheet or
in the notes thereto for which internal financial statements are available immediately preceding such date or, if incurred or accrued subsequent to the date of such balance sheet, such liabilities that would have been reflected on the Parent
Borrower’s or such Restricted Subsidiary’s balance sheet or in the footnotes thereto if such incurrence or accrual had taken place on or prior to the date of such balance sheet in the good faith determination of the Parent Borrower) of the
Parent Borrower or such Restricted Subsidiary other than liabilities that are by their terms subordinated to the Obligations or are otherwise extinguished in connection with the transactions relating to such Asset Sale, or that are assumed by the
transferee of any such assets or Equity Interests pursuant to an agreement that releases or indemnifies the Parent Borrower or such Restricted Subsidiary, as the case may be, from further liability; 

(b) any notes or other obligations or other securities or assets received by the Parent Borrower or such Restricted Subsidiary
from such transferee that are converted by the Parent Borrower or such Restricted Subsidiary into cash or Cash Equivalents, or by their terms are required to be satisfied for cash or Cash Equivalents (to the extent of the cash or Cash Equivalents
received) within 180 days of the receipt thereof; and 
 (c) any Designated Non-cash
Consideration received by the Parent Borrower 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) $200.0 million and (y) 12.00% of Consolidated Net Tangible Assets, calculated 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 each be deemed to be Cash Equivalents for the purposes of this clause (2). 

Within 15 months after the Parent Borrower’s or any Restricted Subsidiary’s receipt of the Net Cash Proceeds of any Asset Sale, the
Parent Borrower or such Restricted Subsidiary shall apply an amount equal to the Net Cash Proceeds from such Asset Sale, at its option: 

(3) to prepay Loans and other Permitted Debt in accordance with Section 2.05(b)(ii). 

(4) to make an investment in any one or more businesses, assets (other than working capital assets), or property or capital
expenditures, in each case used or useful in a Similar Business; provided that if such investment is in the form of the acquisition of Capital Stock of a Person, such acquisition results in such Person becoming a Restricted Subsidiary; 

(5) to make an investment in any one or more businesses, properties (other than working capital assets) or assets (other than
working capital assets) that replace the businesses, properties and/or assets that are the subject of such Asset Sale; provided that if such investment is in the form of the acquisition of Capital Stock of a Person, such acquisition results
in such Person becoming a Restricted Subsidiary; or 
 (6) any combination of the foregoing; 

  
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 provided that the Parent Borrower and its Restricted Subsidiaries will be deemed to have complied
with the provisions described in clause (2) or (3) of this paragraph if and to the extent that, within 15 months after the Asset Sale that generated the Net Cash Proceeds, the Parent Borrower or such Restricted Subsidiary, as applicable, has
entered into and not abandoned or rejected a binding agreement to make an investment in compliance with the provision described in clauses (2) and (3) of this paragraph, and that investment is thereafter completed within 180 days after the end
of such 15 month period; and, provided further, that for any Sale/Leaseback Transaction (other than in connection with the Borrowers’ headquarters in Wilmington, NC) yielding, individually or in the aggregate, Net Cash Proceeds in an
amount in excess of $75.0 million, the Parent Borrower shall apply such excess amount of Net Cash Proceeds in accordance with the provisions of Section 2.05(b)(ii), without giving regard to the reinvestment provisions set forth therein.

 Pending the final application of any such amount of Net Cash Proceeds pursuant to Section 2.05(b)(ii) and this Section 7.04,
the Parent Borrower or such Restricted Subsidiary may temporarily reduce Indebtedness under the Revolving Credit Facility, or otherwise invest or utilize such Net Cash Proceeds in any manner not prohibited by this Agreement. 

Section 7.05 Restricted Payments. Directly or indirectly: 

(1) declare or pay any dividend or make any payment or distribution on account of the Parent Borrower’s or any of its
Restricted Subsidiaries’ Equity Interests, including any payment made in connection with any merger or consolidation involving any Borrower (other than (A) dividends or distributions by the Parent Borrower payable solely in Equity
Interests (other than Disqualified Stock) of the Parent Borrower; or (B) dividends or distributions by a Restricted Subsidiary so long as, in the case of any dividend or distribution payable on or in respect of any class or series of securities
issued by a Restricted Subsidiary other than a Wholly Owned Restricted Subsidiary, a Borrower or a Restricted Subsidiary receives at least its pro rata share of such dividend or distribution in accordance with its Equity Interests in such class or
series of securities); 
 (2) purchase, redeem, defease or otherwise acquire or retire for value any Equity Interests of the
Parent Borrower or any direct or indirect parent of the Parent Borrower, including in connection with any merger or consolidation; 

(3) make any principal payment on, or redeem, repurchase, defease or otherwise acquire or retire for value, in each case, prior
to any scheduled repayment, sinking fund payment or maturity, any (i) Subordinated Indebtedness of any Borrower or any Guarantor (other than the payment, redemption, repurchase, defeasance, acquisition or retirement of (A) Subordinated
Indebtedness of any Borrower or any Guarantor in anticipation of satisfying a sinking fund obligation, principal installment or final maturity, in each case due within one year of the date of such payment, redemption, repurchase, defeasance,
acquisition or retirement and (B) Indebtedness permitted under Section 7.01(g) or (i)) or (ii) any Indebtedness that is secured by a security interest in the Collateral that is expressly junior to the Liens securing the Obligations
(clauses (i) and (ii), “Junior Financing”); or 
 (4) make any Restricted Investment; 

(all such payments and other actions set forth in clauses (1) through (4) above being collectively referred to as “Restricted
Payments”), unless, at the time of such Restricted Payment: 
 (a) no Default or Event of Default shall have
occurred and be continuing or would occur as a consequence thereof; 
 (b) immediately after giving effect to such
transaction on a Pro Forma Basis, the Parent Borrower could Incur $1.00 of additional Indebtedness as Ratio Debt; and 
 (c)
such Restricted Payment, together with the aggregate amount of all other Restricted Payments made by the Parent Borrower and its Restricted Subsidiaries after the Closing Date (including Restricted Payments permitted by clause (1) of the next
succeeding paragraph, but excluding all other Restricted Payments permitted by the next succeeding paragraph), is less than the sum of, without duplication, 

  
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 (5) (i) $100.0 million plus (ii) 50% of the Consolidated Net
Income of the Parent Borrower for the period (taken as one accounting period) beginning on April 1, 2015 to the end of the Parent Borrower’s most recently ended fiscal quarter for which internal financial statements are available at the time of
such Restricted Payment, or, in the case that such Consolidated Net Income for such period is a deficit, minus 100.0% of such deficit, plus 

(6) 100% of the aggregate net proceeds, including cash and the Fair Market Value of assets (other than cash), received by the
Parent Borrower after the Closing Date from the issue or sale of Equity Interests of the Parent Borrower (other than Excluded Equity), including such Equity Interests issued upon exercise of warrants or options, plus 

(7) 100% of the aggregate amount of contributions to the capital of the Parent Borrower received in cash and the Fair Market
Value of assets (other than cash) after the Closing Date (other than Excluded Equity), plus 
 (8) the principal
amount of any Indebtedness, or the liquidation preference or maximum fixed repurchase price, as the case may be, of any Disqualified Stock, in each case, of the Parent Borrower or any Restricted Subsidiary thereof issued after the Closing Date
(other than Indebtedness or Disqualified Stock issued to a Restricted Subsidiary or an employee stock ownership plan or trust established by the Parent Borrower or any Restricted Subsidiary (other than to the extent such employee stock ownership
plan or trust has been funded by the Parent Borrower or any Restricted Subsidiary)) that, in each case, has been converted into or exchanged for Equity Interests in the Parent Borrower or any direct or indirect parent of the Parent Borrower (other
than Excluded Equity), plus 
 (9) 100% of the aggregate amount received by the Parent Borrower or any Restricted
Subsidiary in cash and the Fair Market Value of assets (other than cash) received by the Parent Borrower or any Restricted Subsidiary from: 

(A) the sale or other disposition (other than to the Parent Borrower or a Restricted Subsidiary of the Parent Borrower) of
Restricted Investments made by the Parent Borrower and its Restricted Subsidiaries and from repurchases and redemptions of such Restricted Investments from the Parent Borrower and its Restricted Subsidiaries by any Person (other than the Parent
Borrower or any of its Restricted Subsidiaries) and from repayments of loans or advances that constituted Restricted Investments, 

(B) the sale (other than to the Parent Borrower or a Restricted Subsidiary or an employee stock ownership plan or trust
established by the Parent Borrower or any Restricted Subsidiary (other than to the extent such employee stock ownership plan or trust has been funded by the Parent Borrower or any Restricted Subsidiary)) of the Equity Interests of an Unrestricted
Subsidiary, or 
 (C) any distribution or dividend from an Unrestricted Subsidiary, plus 

(10) in the event any Unrestricted Subsidiary has been redesignated as a Restricted Subsidiary or has been merged, consolidated
or amalgamated with or into, or transfers or conveys its assets to, or is liquidated into, the Parent Borrower or a Restricted Subsidiary, in each case after the Closing Date, the Fair Market Value of the Investment of the Parent Borrower in such
Unrestricted Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred or conveyed, as applicable), other than in each case to the extent that the designation of such Subsidiary as an Unrestricted Subsidiary
was made pursuant to clause (10) of the next succeeding paragraph or constituted a Permitted Investment, plus 

(11) the aggregate amount of Declined Amounts since the Closing Date. 

  
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 Section 7.05 will not prohibit: 

(12) the payment of any dividend or distribution or consummation of any redemption within 60 days after the date of declaration
thereof or the giving of a redemption notice related thereto, if at the date of declaration or notice such payment would have complied with the provisions of this Agreement; 

(13) 

(a) the redemption, repurchase, retirement or other acquisition of any Equity Interests (“Retired Capital
Stock”) of the Parent Borrower or any direct or indirect parent of the Parent Borrower, or Junior Financing of the Parent Borrower or any Subsidiary Guarantor, in exchange for, or out of the proceeds of the issuance or sale of, Equity
Interests of the Parent Borrower or any direct or indirect parent of the Parent Borrower or contributions to the equity capital of the Parent Borrower (other than Excluded Equity) (collectively, including any such contributions, “Refunding
Capital Stock”); 
 (b) the declaration and payment of accrued dividends on the Retired Capital Stock out of the
proceeds of the issuance or sale (other than to a Restricted Subsidiary of the Parent Borrower or to an employee stock ownership plan or any trust established by the Parent Borrower or any of its Restricted Subsidiaries) of Refunding Capital Stock;
and 
 (c) if immediately prior to the retirement of the Retired Capital Stock, the declaration and payment of dividends
thereon was permitted under clause (6) of this paragraph of Section 7.05 and has not been made as of such time (the “Unpaid Amount”), the declaration and payment of dividends on the Refunding Capital Stock (other than
Refunding Capital Stock the proceeds of which were used to redeem, repurchase, retire or otherwise acquire any Equity Interests of the Parent Borrower or any direct or indirect parent of the Parent Borrower) in an aggregate amount no greater than
the Unpaid Amount (with the payment of such Unpaid Amount being treated as a payment under the applicable provision); 
 (14)
the prepayment, redemption, defeasance, repurchase or other acquisition or retirement of Junior Financing of the Parent Borrower or any Subsidiary Guarantor made by exchange for, or out of the proceeds of the Incurrence of, Refinancing Indebtedness
thereof; 
 (15) the purchase, retirement, redemption or other acquisition (or Restricted Payments to the Parent Borrower or
any direct or indirect parent of the Parent Borrower to finance any such purchase, retirement, redemption or other acquisition) for value of Equity Interests (including related stock appreciation rights or similar securities) of the Parent Borrower
or any direct or indirect parent of the Parent Borrower held directly or indirectly by any future, present or former employee, officer, director, manager, consultant or independent contractor of the Parent Borrower or any direct or indirect parent
of the Parent Borrower or any Subsidiary of the Parent Borrower or their estates, heirs, family members, spouses or former spouses or permitted transferees (including for all purposes of this subclause (4), Equity Interests held by any entity whose
Equity Interests are held by any such future, present or former employee, officer, director, manager, consultant or independent contractor or their estates, heirs, family members, spouses or former spouses or permitted transferees) pursuant to any
management equity plan or stock option plan or any other management or employee benefit plan or other agreement or arrangement or any stock subscription or shareholder or similar agreement; provided, however, that the aggregate amounts
paid under this clause (4) shall not exceed (x) $25.0 million in any calendar year or (y) subsequent to the consummation of an underwritten public Equity Offering of common stock of the Parent Borrower or any direct or indirect parent
of the Parent Borrower, $40.0 million in any calendar year (with unused amounts in any calendar year being permitted to be carried over for the next two succeeding calendar years); provided further, however, that such
amount in any calendar year may be increased by an amount not to exceed: 
 (a) the cash proceeds received by the Parent
Borrower from the issuance or sale of Equity Interests (other than Disqualified Stock) of the Parent Borrower or any direct or indirect parent of the Parent Borrower (to the extent contributed to the Parent Borrower), in each case, to any future,
present or former employees, officers, directors, managers, consultants or independent contractors of the Parent Borrower or its Restricted Subsidiaries or any direct or indirect parent of 

  
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the Parent Borrower that occurs after the Closing Date; provided that the amount of such cash proceeds utilized for any such repurchase, retirement, other acquisition or dividend will not
increase the amount available for Restricted Payments under clause (c) of the immediately preceding paragraph; plus 

(b) the cash proceeds of key man life insurance policies received by the Parent Borrower or its Restricted Subsidiaries or any
direct or indirect parent of the Parent Borrower (to the extent contributed to the Parent Borrower) after the Closing Date; plus 

(c) the amount of any cash bonuses otherwise payable to employees, officers, directors, managers, consultants or independent
contractors of the Parent Borrower or its Restricted Subsidiaries or any direct or indirect parent of the Parent Borrower that are foregone in return for the receipt of Equity Interests; less 

(d) the amount of cash proceeds described in clause (a), (b) or (c) of this clause (4) previously used to make
Restricted Payments pursuant to this clause (4); (provided that the Parent Borrower may elect to apply all or any portion of the aggregate increase contemplated by clauses (a), (b) and (c) above in any calendar year); 

provided, further, cancellation of Indebtedness owing to the Parent Borrower or any Restricted Subsidiary from any future, current or former
officer, director, employee, manager, consultant or independent contractor (or any permitted transferees thereof) of the Parent Borrower or any of its Restricted Subsidiaries or any direct or indirect parent of the Parent Borrower, in connection
with a repurchase of Equity Interests of the Parent Borrower or any direct or indirect parent of the Parent Borrower from such Persons will not be deemed to constitute a Restricted Payment for purposes of this Section 7.05 or any other
provisions of this Agreement; 
 (16) the declaration and payment of dividends or distributions to holders of any class or
series of Disqualified Stock of the Parent Borrower or any of its Restricted Subsidiaries and any class or series of Preferred Stock of any Restricted Subsidiaries issued or incurred in accordance with the covenant described in Section 7.01;

 (17) the declaration and payment of dividends or distributions to holders of any class or series of Designated Preferred
Stock (other than Disqualified Stock) and the declaration and payment of dividends to the Parent Borrower or any direct or indirect parent of the Parent Borrower, the proceeds of which will be used to fund the payment of dividends to holders of any
class or series of Designated Preferred Stock (other than Disqualified Stock) of the Parent Borrower or any direct or indirect parent of the Parent Borrower issued after the Closing Date; provided, however, that (A) for the most
recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date of issuance of such Designated Preferred Stock, the Fixed Charge Coverage Ratio of the Parent Borrower is 2.00 to 1.00 or
greater and (B) the aggregate amount of dividends declared and paid pursuant to this clause (6) does not exceed the net cash proceeds actually received by the Parent Borrower from the sale (or the contribution of the net cash proceeds from
the sale) of Designated Preferred Stock; 
 (18) Restricted Payments made within 45 days of the Closing Date (or made, with
respect to optionholders of such Equity Interests, subsequent to such 45-day period if made pursuant to an agreement entered into during such 45-day period) (i) to Holdings for the redemption, repayment
or defeasance of or other similar payment with respect to the satisfaction and discharge of the Existing Holdco Notes in accordance with the terms thereof and (ii) to pay dividends or distributions to holders of Equity Interests of the Parent
Borrower or any direct or indirect parent of the Parent Borrower in an aggregate amount not to exceed $500 million in the aggregate; 

(19) the declaration and payment of dividends on the Parent Borrower’s common stock (or the payment of dividends to any
direct or indirect parent of the Parent Borrower to fund the payment by any direct or indirect parent of the Parent Borrower of dividends on such entity’s common stock) of up to 6.0% per annum of the net cash proceeds received by the Parent
Borrower from any public offering of common stock or contributed to the Parent Borrower by any direct or indirect parent of the Parent Borrower from any public offering of common stock, other than public offerings with respect to the Parent
Borrower’s common stock registered on Form S-4 or S-8 and other than any public sale constituting Excluded Contributions; 

  
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 (20) Restricted Payments that are made with Excluded Contributions; 

(21) other Restricted Payments in an aggregate amount taken together with all other Restricted Payments made pursuant to this
clause (10) not to exceed (x) $125.0 million for twelve month period following the Closing Date and (y) $250.0 million thereafter; 

(22) [reserved]; 

(23) for so long as the Parent Borrower or any of its Subsidiaries are members of a group filing a consolidated, combined,
affiliated or unitary income tax return with Holdings or any other direct or indirect parent of the Parent Borrower, Restricted Payments to Holdings or such other direct or indirect parent of the Parent Borrower in amounts required for Holdings or
such other parent entity to pay federal, state and local income Taxes (and franchise Taxes) imposed on such entity to the extent such income Taxes (and franchise Taxes) are directly attributable to the income of the Parent Borrower and its
Subsidiaries; provided, however, that the amount of such payments in respect of any tax year does not, in the aggregate, exceed the amount that the Parent Borrower and its Subsidiaries that are members of such consolidated, combined,
affiliated or unitary group would have been required to pay in respect of federal, state and local income and/or franchise Taxes (as the case may be) in respect of such year if the Parent Borrower and its Subsidiaries paid such income Taxes directly
on a separate company basis or as a stand-alone consolidated, combined, affiliated or unitary income (or franchise in lieu of income) tax group (reduced by any such Taxes paid directly by the Company or any Subsidiary); 

(24) the declaration and payment of dividends, other distributions or other amounts to, or the making of loans to Holdings or
any other direct or indirect parent of the Parent Borrower, in the amount required for such entity to, if applicable: 
 (a)
pay amounts equal to the amounts required for Holdings or any other direct or indirect parent of the Parent Borrower to pay fees and expenses (including Taxes), customary salary, bonus and other benefits payable to, and indemnities provided on
behalf of, officers, employees, directors, managers, consultants or independent contractors of Holdings or any other direct or indirect parent of the Parent Borrower, if applicable, and general corporate operating (including, without limitation,
expenses related to auditing and other accounting matters) and overhead costs and expenses of the Parent Borrower or any direct or indirect parent of the Parent Borrower, if applicable, in each case to the extent such fees, expenses, salaries,
bonuses, benefits and indemnities are attributable to the ownership or operation of the Parent Borrower and its Subsidiaries; 

(b) pay, if applicable, amounts equal to amounts required for Holdings or any direct or indirect parent of the Parent Borrower
to pay interest and/or principal on Indebtedness the proceeds of which have been contributed to the Parent Borrower (other than as Excluded Equity) and that has been guaranteed by, and is otherwise considered Indebtedness of, the Parent Borrower or
any Restricted Subsidiary Incurred in accordance with the Section 7.01 (except to the extent any such payments have otherwise been made by any such guarantor); 

(c) pay fees and expenses incurred by Holdings or any other direct or indirect parent of the Parent Borrower related to
(i) the maintenance of such parent entity of its corporate or other entity existence and performance of its obligations under this Agreement and similar obligations under the Senior Notes, (ii) any unsuccessful equity or debt offering of
such parent entity (or any debt or equity offering from which such parent does not receive any proceeds) and (iii) any equity or debt issuance, incurrence or offering, any disposition or acquisition or any investment transaction by the Parent
Borrower or any of its Restricted Subsidiaries (or any acquisition of or investment in any business, assets or property that will be contributed to the Parent Borrower or any of its Restricted Subsidiaries as part of the same or a related
transaction) permitted by this Agreement; 

  
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 (d) make payments to the Sponsors for any other monitoring, consulting,
management, transaction, advisory, financing, underwriting or placement services or in respect of other investment banking activities, termination or similar fees, indemnities, reimbursements and reasonable and documented out-of-pocket fees and expenses of the Sponsors including, without limitation, in connection with acquisitions or divestitures, which payments are approved in respect of such activities by a majority of the Board of
Directors of the Parent Borrower or any direct or indirect parent of the Parent Borrower in good faith; 
 (e) pay franchise
and excise taxes, and other fees, taxes and expenses in connection with any ownership of the Parent Borrower or any of its Subsidiaries or required to maintain their organizational existences; 

(f) make payments for the benefit of the Parent Borrower or any of its Restricted Subsidiaries to the extent such payments
could have been made by the Parent Borrower or any of its Restricted Subsidiaries because such payments (x) would not otherwise be Restricted Payments and (y) would be permitted by Section 6.18; and 

(g) Restricted Payments to any direct or indirect parent of the Parent Borrower to finance, or to any direct or indirect parent
of the Parent Borrower for the purpose of paying to any other direct or indirect parent of the Parent Borrower to finance, any Investment that, if consummated by the Parent Borrower or any of its Restricted Subsidiaries, would be a Permitted
Investment; provided that (a) such Restricted Payment is made substantially concurrently with the closing of such Investment and (b) promptly following the closing thereof, such direct or indirect parent of the Parent Borrower
causes (i) all property acquired (whether assets or Equity Interests) to be contributed to the Parent Borrower or any Restricted Subsidiary or (ii) the merger, consolidation or amalgamation (to the extent permitted by Section 7.03) of
the Person formed or acquired into the Parent Borrower or any Restricted Subsidiary in order to consummate such acquisition or Investment, in each case, in accordance with the requirements of Section 6.12; 

(25) (i) repurchases of Equity Interests deemed to occur upon exercise of stock options or warrants if such Equity Interests
represent a portion of the exercise price of such options or warrants, (ii) payments made or expected to be made by the Parent Borrower or any Restricted Subsidiary in respect of withholding or similar taxes payable or expected to be payable by
any future, present or former director, officer, employee, manager, consultant or independent contractor of the Parent Borrower or any direct or indirect parent of the Parent Borrower or any Subsidiary of the Parent Borrower (or their respective
Affiliates, estates or immediate family members) in connection with the exercise of stock options or the grant, vesting or delivery of Equity Interests and (iii) loans or advances to officers, directors, employees, managers, consultants and
independent contractors of the Parent Borrower or any direct or indirect parent of the Parent Borrower or any Subsidiary of the Parent Borrower in connection with such Person’s purchase of Equity Interests of the Parent Borrower or any direct
or indirect parent of the Parent Borrower; provided that no cash is actually advanced pursuant to this clause (iii) other than to pay taxes due in connection with such purchase, unless immediately repaid; 

(26) purchases of receivables pursuant to a Receivables Repurchase Obligation in connection with a Qualified Receivables
Financing and the payment or distribution of Receivables Fees; 
 (27) payments or distributions to satisfy dissenters’
rights, pursuant to or in connection with a consolidation, merger, amalgamation or transfer of assets that complies with the provisions of this Agreement; 

(28) the distribution, as a dividend or otherwise, of shares of Capital Stock of, or Indebtedness owed to the Parent Borrower
or a Restricted Subsidiary by, Unrestricted Subsidiaries (other than Unrestricted Subsidiaries the primary assets of which are cash and/or Cash Equivalents); 

  
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 (29) the payment of cash in lieu of the issuance of fractional shares of
Equity Interests in connection with any merger, consolidation, amalgamation or other business combination, or in connection with any dividend, distribution or split of or upon exercise, conversion or exchange of Equity Interests, warrants, options
or other securities exercisable or convertible into, Equity Interests of the Parent Borrower or any direct or indirect parent of the Parent Borrower; 

(30) Investments in Unrestricted Subsidiaries having an aggregate Fair Market Value, taken together with all other Investments
made pursuant to this clause (19) that are at the time outstanding, without giving effect to the sale of an Unrestricted Subsidiary to the extent the proceeds of such sale do not consist of cash, Cash Equivalents or marketable securities, not
to exceed the greater of $150.0 million and 9.0% of Consolidated Net Tangible Assets (with the Fair Market Value of each Investment being measured at the time made and without giving effect to subsequent changes in value); 

(31) the making of payments to or on behalf of the Sponsors for any other financial advisory, financing, underwriting or
placement services or in respect of other investment banking activities, including, without limitation, in connection with acquisitions or divestitures, which payments are approved in respect of such activities by a majority of the Board of
Directors of the Parent Borrower or any direct or indirect parent of the Parent Borrower in good faith; 
 (32) any
additional Restricted Payment so long as immediately after giving effect to the making of such Restricted Payment on a Pro Forma Basis, the Parent Borrower’s Total Net Leverage Ratio does not exceed 5.00 to 1.00; and 

(33) Restricted Payments made with the Net Cash Proceeds from the sale or other disposition of the Existing Non-Core Assets, distributions in the form of returns of capital from the Existing Non-Core Assets or the dividend or distribution of the Capital Stock or assets of the
Existing Non-Core Assets; 
 provided, however, that at the time of, and after giving effect to, any Restricted Payment permitted under
clauses (10), (21) and (22), no Event of Default shall have occurred and be continuing or would occur as a consequence thereof. For purposes of clauses (12) and (13) above, taxes and Related Taxes shall include all interest and penalties with
respect thereto and all additions thereto. 
 The Parent Borrower will not, and will not permit any of its Restricted Subsidiaries to,
directly or indirectly, amend, modify or change any term or condition of any Junior Financing Documentation equal to or greater than the Threshold Amount in any manner that is, taken as a whole, materially adverse to the interests of the
Administrative Agent or the Lenders. 
 As of the Closing Date, all of the Parent Borrower’s Subsidiaries will be Restricted
Subsidiaries. The Parent Borrower will not permit any Restricted Subsidiary to become an Unrestricted Subsidiary except pursuant to the definition of “Unrestricted Subsidiary.” For purposes of designating any Restricted Subsidiary as an
Unrestricted Subsidiary, all outstanding Investments by the Parent Borrower and its Restricted Subsidiaries (except to the extent repaid) in the Subsidiary so designated will be deemed to be Restricted Payments or Permitted Investments in an amount
determined as set forth in the last sentence of the definition of “Investments.” Such designation will only be permitted if a Restricted Payment or Permitted Investment in such amount would be permitted at such time and if such Subsidiary
otherwise meets the definition of an Unrestricted Subsidiary. Unrestricted Subsidiaries will not be subject to any of the restrictive covenants set forth in this Agreement. 

For purposes of the covenant described above in Section 7.05, if any Investment or Restricted Payment (or a portion thereof) would be
permitted pursuant to one or more provisions described above and/or one or more of the exceptions contained in the definition of “Permitted Investments,” the Parent Borrower may divide and classify such Investment or Restricted Payment (or
a portion thereof) in any manner that complies with this covenant and may later divide and reclassify any such Investment or Restricted Payment so long as the Investment or Restricted Payment (as so divided and/or reclassified) would be permitted to
be made in reliance on the applicable exception as of the date of such reclassification. 

  
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 Section 7.06 Burdensome Agreements. 

Permit any of its Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any
consensual encumbrance or consensual restriction on the ability of any Restricted Subsidiary to: 
 (a) (i) pay
dividends or make any other distributions to the Parent Borrower or any of its Restricted Subsidiaries on its Capital Stock; or (ii) pay any Indebtedness owed to the Parent Borrower or any of its Restricted Subsidiaries; 

(b) make loans or advances to the Parent Borrower or any of its Restricted Subsidiaries; 

(c) create, incur, assume or suffer to exist Liens on the Collateral of such Person for the benefit of the Lenders with respect
to the Facilities and the Obligations or under the Loan Documents; or 
 (d) sell, lease or transfer any of its properties or
assets to the Parent Borrower or any of its Restricted Subsidiaries. 
 However, the preceding restrictions will not apply to encumbrances
or restrictions existing under or by reason of: 
 (2) contractual encumbrances or restrictions of the Parent Borrower or any
of its Restricted Subsidiaries in effect on the Closing Date, including pursuant to this Agreement and the other Loan Documents, related Swap Contracts and Indebtedness permitted pursuant to Section 7.01(c); 

(3) the Senior Indenture, the Senior Notes and related Guarantees; 

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

(5) any agreement or other instrument of a Person acquired by or merged, amalgamated or consolidated with or into the Parent
Borrower or any Restricted Subsidiary or an Unrestricted Subsidiary that is designated a Restricted Subsidiary that was in existence at the time of such acquisition (or at the time it merges with or into the Parent Borrower or any Restricted
Subsidiary or assumed in connection with the acquisition of assets from such Person (but, in each case, not created in contemplation thereof)), 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 or designated; provided that in connection with a merger, amalgamation or consolidation under this clause (4), if a Person other than the Parent Borrower or
such Restricted Subsidiary is the successor company with respect to such merger, amalgamation or consolidation, any agreement or instrument of such Person or any Subsidiary of such Person, shall be deemed acquired or assumed, as the case may be, by
the Parent Borrower or such Restricted Subsidiary, as the case may be, at the time of such merger, amalgamation or consolidation; 

(6) customary encumbrances or restrictions contained in contracts or agreements for the sale of assets applicable to such
assets pending consummation of such sale, including customary restrictions with respect to a Restricted Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of Capital Stock or assets of such Restricted Subsidiary;

 (7) restrictions on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary
course of business; 
 (8) customary provisions in operating or other similar agreements, asset sale agreements and stock
sale agreements entered into in connection with the entering into of such transaction, which limitation is applicable only to the assets that are the subject of those agreements; 

  
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 (9) purchase money obligations for property acquired and Capitalized Lease
Obligations entered into in the ordinary course of business, to the extent such obligations impose restrictions of the nature discussed in clauses (c) or (d) in the first paragraph of this covenant on the property so acquired; 

(10) customary provisions contained in leases, sub-leases, licenses, sublicenses, contracts and other similar agreements
entered into in the ordinary course of business to the extent such obligations impose restrictions of the type described in clauses (c) or (d) in the first paragraph of this covenant on the property subject to such lease; 

(11) any encumbrance or restriction effected in connection with a Qualified Receivables Financing that, in the good faith
determination of the Parent Borrower, are necessary or advisable to effect such Qualified Receivables Financing; 
 (12) any
encumbrance or restriction contained in other Indebtedness, Disqualified Stock or Preferred Stock of the Parent Borrower or any Restricted Subsidiary that is incurred subsequent to the Closing Date pursuant to the Section 7.01, provided
that (i) such encumbrances and restrictions contained in any agreement or instrument will not materially affect the Parent Borrower’s ability to make anticipated principal or interest payments under this Agreement (as determined by the
Parent Borrower in good faith) or (ii) such encumbrances and restrictions contained in any agreement or instrument taken as a whole are not materially less favorable to the Lenders than the encumbrances and restrictions contained in this
Agreement (as determined by the Parent Borrower in good faith); 
 (13) any encumbrance or restriction contained in secured
Indebtedness otherwise permitted to be incurred pursuant to Sections 7.01 and 7.02 to the extent limiting the right of the debtor to dispose of the assets securing such Indebtedness; 

(14) any encumbrance or restriction arising or agreed to in the ordinary course of business, not relating to any Indebtedness,
and that do not, individually or in the aggregate, (x) detract from the value of the property or assets of the Parent Borrower or any Restricted Subsidiary in any manner material to the Parent Borrower or any Restricted Subsidiary or
(y) materially affect the Parent Borrower’s ability to make future principal or interest payments under this Agreement, in each case, as determined by the Parent Borrower in good faith; 

(15) customary provisions in joint venture agreements or arrangements and other similar agreements or arrangements relating
solely to the applicable joint venture; and 
 (16) any encumbrances or restrictions of the type referred to in clauses
7.06(a), (b) and (c) imposed by any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in 7.06 (1) through (14) ;
provided that such encumbrances and restrictions contained in any such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing are, in the good faith judgment of the Parent Borrower, not
materially more restrictive, taken as a whole, than the encumbrances and restrictions prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing. 

For purposes of determining compliance with this Section 7.06, (i) 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 and (ii) the subordination of loans or advances made to
the Parent Borrower or a Restricted Subsidiary to other Indebtedness incurred by the Parent Borrower or any such Restricted Subsidiary shall not be deemed a restriction on the ability to make loans or advances. 

Section 7.07 Accounting Changes. Make any change in fiscal year; provided, however, that any Borrower or Holdings may, upon
written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrowers and the Administrative Agent will, and are hereby authorized by the Lenders
to, make any amendments to this Agreement that are necessary, in the judgment of the Administrative Agent and the Borrowers or Holdings, as applicable, to reflect such change in fiscal year. 

  
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 Section 7.08 Financial Covenant. As of the end of each fiscal quarter of the
Parent Borrower (commencing with the first fiscal quarter ending after the Closing Date) and so long as the aggregate amount of L/C Obligations and Revolving Credit Loans outstanding as of the end of such fiscal quarter (excluding (a) up to
$25,000,000 in non-Cash Collateralized Letters of Credit and (b) any Cash Collateralized Letters of Credit) exceeds 30.0% of the aggregate amount of all Revolving Credit Commitments in effect as of such
date, permit the First Lien Net Leverage Ratio as of the end of such fiscal quarter of the Parent Borrower set forth below to be greater than the ratio set forth below for such fiscal quarter (the “Financial Covenant”): 

 

																									
	 Quarter
	  	Fiscal
Year 2015	 	  	Fiscal
Year 2016	 	  	Fiscal
Year 2017	 	  	Fiscal
Year 2018	 	  	Fiscal
Year 2019	 	  	Fiscal
Year 2020	 
	 Fiscal quarter ended March 31
	  	 	N/A	 	  	 	6.25:1.00	 	  	 	6.00:1.00	 	  	 	5.50:1.00	 	  	 	5.25:1.00	 	  	 	5.00:1.00	 
	 Fiscal quarter ended June 30
	  	 	N/A	 	  	 	6.25:1.00	 	  	 	6.00:1.00	 	  	 	5.50:1.00	 	  	 	5.25:1.00	 	  	 	5.00:1.00	 
	 Fiscal quarter ended September 30
	  	 	7.00:1.00	 	  	 	6.25:1.00	 	  	 	6.00:1.00	 	  	 	5.50:1.00	 	  	 	5.25:1.00	 	  	 	N/A	 
	 Fiscal quarter ended December 31
	  	 	6.50:1.00	 	  	 	6.25:1.00	 	  	 	6.00:1.00	 	  	 	5.50:1.00	 	  	 	5.25:1.00	 	  	 	N/A	 

 Section 7.09 Holding Company. Holdings, shall not conduct, transact or otherwise engage in any
material business or operations; provided, that the following shall be permitted in any event: (i) its ownership of the Capital Stock of the Parent Borrower and the Restricted Subsidiaries and any Subsidiary of Holdings (that is not a
Borrower or a Subsidiary of a Borrower) which is formed solely for purposes of acting as a co-obligor with respect to any Qualified Holding Company Indebtedness and which does not conduct, transact or
otherwise engage in any material business or operation, and, in each case, activities incidental thereto; (ii) the entry into, and the performance of its obligations with respect to the Loan Documents (including any Specified Refinancing Debt
or any New Term Facility), any Refinancing Notes, any New Incremental Notes, any Junior Financing Document, any Ratio Debt documentation, any documentation relating to any Permitted Refinancing of the foregoing or documentation relating to the
Indebtedness otherwise permitted by the last sentence in this Section 7.09 and the Guarantees permitted by clause (v) below; (iii) the consummation of the Transaction; (iv) the performing of activities (including, without limitation,
cash management activities) and the entry into documentation with respect thereto, in each case, permitted by this Agreement for Holdings to enter into and perform; (v) the payment of dividends and distributions (and other activities in lieu
thereof permitted by this Agreement), the making of contributions to the capital of its Subsidiaries and Guarantees of Indebtedness permitted to be incurred hereunder by the Parent Borrower or any of the Restricted Subsidiaries and the Guarantees of
other obligations not constituting Indebtedness; (vi) the maintenance of its legal existence (including the ability to incur fees, costs and expenses relating to such maintenance and performance of activities relating to its officers,
directors, managers and employees and those of its Subsidiaries); (vii) the performing of activities in preparation for and consummating any public offering of its common stock or any other issuance or sale of its Capital Stock (other than
Disqualified Stock) including converting into another type of legal entity; (viii) the participation in tax, accounting and other administrative matters as a member of the consolidated group of Holdings and the Borrowers, including compliance
with applicable Laws and legal, tax and accounting matters related thereto and activities relating to its officers, directors, managers and employees; (ix) the holding of any cash and Cash Equivalents (but not operating any property); (x) the
entry into and performance of its obligations with respect to contracts and other arrangements, including the providing of 

  
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indemnification to officers, managers, directors and employees and (xi) any activities incidental to the foregoing. Holdings shall not create, incur, assume or suffer to exist any Lien on
any Capital Stock of any Borrower or any Restricted Subsidiary (other than Liens pursuant to any Loan Document, non-consensual Liens arising solely by operation of Law and Liens pursuant to documentation
relating to other secured Indebtedness permitted to be incurred and secured hereunder and any Permitted Liens) and shall not incur any Indebtedness (other than in respect of Disqualified Stock, Qualified Holding Company Indebtedness or Guarantees
permitted above and liabilities imposed by Law, including Tax liabilities). 
 ARTICLE VIII. 

Events of Default and Remedies 

Section 8.01 Events of Default. Any of the following shall constitute an Event of Default: 

(a) Non-Payment. Any Borrower or any other Loan Party fails to pay (i) when
due and as required to be paid herein, any amount of principal of any Loan, or (ii) within five Business Days after the same becomes due and payable, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or any other
amount payable hereunder or with respect to any other Loan Document; or 
 (b) Specific Covenants. Any Borrower or any
other Loan Party fails to perform or observe any term, covenant or agreement contained in any of Sections 6.03(a), 6.05(a) (solely with respect to the Borrowers), 6.11 or in any Section of Article VII (subject to, in the case of the Financial
Covenant, the cure rights contained in Section 8.03 and the proviso at the end of this clause (b)), or Holdings fails to perform or observe any term, covenant or agreement contained in Section 7.09; provided, that a Default by the
Borrowers under Section 7.08 (a “Financial Covenant Event of Default”) shall not constitute an Event of Default with respect to the Term Facilities, any New Term Facility or any Specified Refinancing Debt (unless refinancing
the Revolving Credit Facility) unless and until the Required Revolving Lenders shall have terminated their Revolving Credit Commitments and declared all amounts outstanding under the Revolving Credit Facility to be due and payable; or 

(c) Other Defaults. Any Loan Party fails to perform or observe any covenant or agreement (other than those specified in
Section 8.01(a) or (b) above) contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days after notice thereof by the Administrative Agent to any Borrower; or 

(d) Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed made
by or on behalf of any Borrower or any other Loan Party herein, in any other Loan Document, or in any document required to be delivered in connection herewith or therewith shall be incorrect or misleading in any material respect (or in any respect
if any such representation or warranty is already qualified by materiality) when made or deemed made; or 
 (e) Cross-Default. Any Loan Party or any Restricted Subsidiary (A) fails to make any payment beyond the applicable grace period with respect thereto, if any (whether by scheduled maturity, required prepayment,
acceleration, demand, or otherwise) in respect of any Indebtedness (other than Indebtedness hereunder and intercompany Indebtedness) having an aggregate outstanding principal amount equal to or greater than the Threshold Amount or (B) fails to
observe or perform any other agreement or condition relating to any such Indebtedness, 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 a trustee or agent
on behalf of such holder or holders or beneficiary or beneficiaries) after the expiration of any applicable grace or cure period therefor to cause, with the giving of notice if required, such Indebtedness 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, in each case, prior to its stated maturity; provided that this clause (e)(B) shall not apply to
(x) secured Indebtedness that becomes due as a result of the sale or transfer or other Disposition (including a Casualty Event) of the property or assets securing such Indebtedness permitted hereunder and under the documents providing for such
Indebtedness and such Indebtedness is repaid when required under the documents providing for such Indebtedness, (y) events of default, termination events or any other similar event under the documents governing Swap Contracts for

  
 143 

 
so long as such event of default, termination event or other similar event does not result in the occurrence of an early termination date or any acceleration or prepayment of any amounts or other
Indebtedness payable thereunder or (z) Indebtedness that upon the happening of any such default or event automatically converts into Equity Interests (other than Disqualified Stock or, in the case of a Restricted Subsidiary, Disqualified Stock
or Preferred Stock) in accordance with its terms; provided further, that such failure is unremedied and is not validly waived by the holders of such Indebtedness in accordance with the terms of the documents governing such Indebtedness
prior to any termination of the Revolving Credit Commitments or acceleration of the Loans pursuant to Section 8.02; or 

(f) Insolvency Proceedings, Etc. Any Loan Party or any Restricted Subsidiary (other than Immaterial Subsidiaries)
institutes or consents to the institution of any proceeding under any Debtor Relief Law, a winding-up, an administration, a dissolution, or a composition or makes an assignment for the benefit of creditors or any other action is commenced (by way of
voluntary arrangement, scheme of arrangement or otherwise); or appoints, applies for or consents to the appointment of any receiver, administrator, administrative receiver, trustee, custodian, conservator, liquidator, rehabilitator, judicial
manager, provisional liquidator, administrator, receiver and manager, controller, monitor or similar officer for it or for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator,
judicial manager, provisional liquidator, administrator, administrative receiver, receiver and manager, controller, monitor or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged
or unstayed for 60 days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or substantially all of its property is instituted without the consent of such Person and continues undismissed or unstayed for 60 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) becomes unable or admits in writing its inability or fails generally to pay its debts as they become due or suspends making payments or enters into a moratorium or standstill
arrangement in relation to its Indebtedness or is taken to have failed to comply with a statutory demand (or otherwise be presumed to be insolvent by applicable Law) or (ii) any writ or warrant of attachment or execution or similar process is
issued, commenced or levied against all or substantially all of the property of any such Person and is not released, vacated or fully bonded within 60 days after its issue, commencement or levy, or any analogous procedure or step is taken in any
jurisdiction; or 
 (h) Judgments. There is entered against any Loan Party or any Restricted Subsidiary a final
judgment or order for the payment of money in an aggregate amount (as to all such judgments and orders) equal to or greater than the Threshold Amount (to the extent not paid and not covered by (i) independent
third-party insurance as to which the insurer has been notified of such judgment or order and does not deny coverage or (ii) an enforceable indemnity to the extent that such Loan Party or Restricted
Subsidiary shall have made a claim for indemnification and the applicable indemnifying party shall not have disputed such claim) and there is a period of 60 consecutive days during which a stay of enforcement of such judgment, by reason of a pending
appeal or otherwise, is not in effect; or 
 (i) ERISA. (i) One or more ERISA Events occur or there is or arises
an Unfunded Pension Liability (taking into account only Plans with positive Unfunded Pension Liability) which event or events or unfunded liability or unfunded liabilities results or could reasonably be expected to result in liability of any Loan
Party in an aggregate amount which would reasonably be expected to result in a Material Adverse Effect, (ii) any Loan Party 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 which has resulted or could reasonably be expected to result in liability of any Loan Party in an aggregate amount which would reasonably be expected to result in a
Material Adverse Effect or (iii) with respect to a Foreign Plan, a termination, withdrawal, imposition of a Lien or noncompliance with applicable Law or plan terms that would reasonably be expected to result in a Material Adverse Effect; or

 (j) Invalidity of Certain Loan Documents. Any material provision of any Collateral Document, any Guaranty, the
Intercompany Subordination Agreement and/or any intercreditor agreement required to be entered into pursuant to the terms of this Agreement, at any time after its execution and 

  
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delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under Section 7.03 or Section 7.04) or
satisfaction in full of all the Obligations (other than contingent indemnification obligations as to which no claim has been asserted and obligations and liabilities under Secured Cash Management Agreements and Secured Hedge Agreements) ceases to be
in full force and effect (except that any such failure to be in full force and effect with respect to the documents referred to in clause (vii) of the definition of Loan Documents shall constitute an Event of Default only if the Borrowers
receive notice thereof and the Borrowers fail to remedy the relevant failure in all material respects within 15 days of receiving said notice); or any Loan Party contests in writing the validity or enforceability of any provision of any Collateral
Document, any Guaranty, the Intercompany Subordination Agreement and any intercreditor agreement required to be entered into pursuant to the terms of this Agreement; or any Loan Party denies in writing that it has any or further liability or
obligation under any Loan Document (other than as a result of repayment in full of the Obligations (other than contingent indemnification obligations as to which no claim has been asserted and obligations and liabilities under Secured Cash
Management Agreements and Secured Hedge Agreements) and termination of the Aggregate Commitments), or purports in writing to revoke or rescind any Loan Document or the perfected first priority Liens created thereby (except as otherwise expressly
provided in this Agreement or the Collateral Documents); or 
 (k) Change of Control. There occurs any Change of
Control. 
 Section 8.02 Remedies Upon Event of Default. If any Event of Default occurs and is continuing (including any Event
of Default arising by virtue of the termination and declaration contemplated by the proviso to Section 8.01(b)), the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders (and, if a Financial Covenant
Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Revolving Lenders only, and in such case, without limiting the proviso to Section 8.01(b), only with respect
to the Revolving Credit Facility and any Letters of Credit, L/C Credit Extensions and L/C Obligations), 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 Issuers 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 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 Borrowers; 
 (c) require that the Borrowers Cash Collateralize the L/C
Obligations (in an amount equal to the then Outstanding Amount thereof); and 
 (d) exercise on behalf of itself, the L/C
Issuers and the Lenders all rights and remedies available to it, the L/C Issuers and the Lenders under the Loan Documents, under any document evidencing Indebtedness in respect of which the Facilities have been designated as “Designated Senior
Debt” (or any comparable term) and/or under applicable Law; 
 provided, however, that upon the occurrence of an actual or deemed entry
of an order for relief with respect to any Borrower under any Debtor Relief Law, the obligation of each Lender to make Loans and any obligation of the L/C Issuers 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 Borrowers 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. 

  
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 Section 8.03 Right to Cure. 

(a) Notwithstanding anything to the contrary contained in Section 8.01 or 8.02, in the event that the Borrowers fail to comply with the
requirements of the Financial Covenant at any time when the Borrowers are required to comply with such Financial Covenant, pursuant to the terms thereof, then (A) from the end of the most recently ended fiscal quarter of the Parent Borrower
until the expiration of the tenth Business Day subsequent to the date the relevant Compliance Certificate is required to be delivered pursuant to Section 6.02(b) (the last day of such period being the “Anticipated Cure
Deadline”), Holdings shall have the right (the “Cure Right”) to issue common Capital Stock (or preferred equity reasonably acceptable to the Administrative Agent) for cash and contribute the proceeds therefrom in the form
of common Capital Stock or in another form reasonably acceptable to the Administrative Agent to the Parent Borrower or obtain a contribution to its equity (which shall be in the form of common equity or otherwise in a form reasonably acceptable to
the Administrative Agent) (“Cure Equity”), and upon the receipt by the Parent Borrower of such cash (the “Cure Amount”), pursuant to the exercise by the Borrowers of such Cure Right, the calculation of Consolidated
EBITDA as used in the Financial Covenant shall be recalculated giving effect to the following pro forma adjustments: 
 (i)
Consolidated EBITDA for such fiscal quarter (and for any subsequent period that includes such fiscal quarter) shall be increased, solely for the purpose of measuring the Financial Covenant and not for any other purpose under this Agreement
(including but not limited to determining the availability or amount of any covenant baskets or carve-outs (including the determination of amounts available under Section 7.05) or determining the Applicable Commitment Fee or Applicable Rate),
by an amount equal to the Cure Amount; provided that (1) the receipt by the Parent Borrower of the Cure Amount pursuant to the Cure Right shall be deemed to have no other effect whatsoever under this Agreement (including but not limited
to determining the availability or amount of any covenant baskets or carve-outs or determining the Applicable Commitment Fee or Applicable Rate) and (2) no Cure Amount shall reduce Indebtedness on a Pro Forma Basis for the applicable period for
purposes of calculating the Financial Covenant or calculating the First Lien Net Leverage Ratio, or the Total Net Leverage Ratio, nor shall any Cure Amount held by any Borrower Party qualify as “unrestricted cash or Cash Equivalents of the
Borrower Parties” for the purposes of calculating any net obligations or liabilities under the terms of this Agreement; and 

(ii) if, after giving effect to the foregoing recalculations, the Borrowers shall then be in compliance with the requirements
of the Financial Covenant, the Borrowers shall be deemed to have satisfied the requirements of the Financial Covenant as of the relevant date of determination with the same effect as though there had been no failure to comply therewith at such date,
and the applicable breach or default of the Financial Covenant that had occurred (and any other Default as a result thereof, including the failure to meet any condition requiring no Default or Event of Default based solely on the basis of any actual
or purported Event of Default under the Financial Covenant) shall be deemed cured for the purposes of this Agreement; and 
 (B) upon receipt by the
Administrative Agent of written notice, on or prior to the Anticipated Cure Deadline, that the Borrowers intend to exercise the Cure Right in respect of a fiscal quarter, the Lenders (i) shall not be permitted to accelerate Loans held by them,
to terminate the Revolving Credit Commitments held by them or to exercise remedies against the Collateral on the basis of a failure to comply with the requirements of the Financial Covenant, unless such failure is not cured pursuant to the exercise
of the Cure Right on or prior to the Anticipated Cure Deadline and (ii) shall not be obligated to make any Credit Extension under the Revolving Facility. 

(b) Notwithstanding anything herein to the contrary, (i) in each four consecutive fiscal-quarter
period there shall be at least two fiscal quarters in respect of which the Cure Right is not exercised, (ii) there can be no more than five fiscal quarters in respect of which the Cure Right is exercised during the term of the Facilities and
(iii) for purposes of this Section 8.03, the Cure Amount utilized shall be no greater than the minimum amount required to remedy the applicable failure to comply with the Financial Covenant. 

Section 8.04 Application of Funds. After the exercise of remedies provided for in Section 8.02 (or after an actual or deemed
entry of an order for relief with respect to any Borrower under any Debtor Relief Law), any amounts received on account of the Obligations shall, subject to the provisions of Sections 2.16 and 2.17, be applied by the Administrative Agent in the
following order: 

  
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 (a) first, to payment of that portion of the Obligations constituting
fees, indemnities, expenses and other amounts (including fees, disbursements and other charges of counsel payable under Section 10.04 and amounts payable under Article III and amounts owing in respect of (x) the preservation of Collateral
or the Collateral Agent’s security interest in the Collateral or (y) with respect to enforcing the rights of the Secured Parties under the Loan Documents) payable to the Administrative Agent and the Collateral Agent in their respective
capacity as such; 
 (b) second, to payment in full of Unfunded Advances/Participations (the amounts so applied to be
distributed between or among, as applicable, the Administrative Agent and the L/C Issuers pro rata in accordance with the amounts of Unfunded Advances/Participations owed to them on the date of any such distribution); 

(c) third, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts
(other than principal, interest and Letter of Credit fees) payable to the Lenders and the L/C Issuers (including fees, disbursements and other charges of counsel payable under Sections 10.04 and 10.05) arising under the Loan Documents and amounts
payable under Article III, ratably among them in proportion to the respective amounts described in this clause (c) held by them; 

(d) fourth, 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 Issuers in proportion to the respective amounts described in this clause (d) held by them; 

(e) fifth, (i) to payment of that portion of the Obligations constituting unpaid principal of the Loans, the L/C
Borrowings and obligations of the Loan Parties then owing under Secured Hedge Agreements and the Secured Cash Management Agreements and (ii) to Cash Collateralize that portion of L/C Obligations comprising the aggregate undrawn amount of
Letters of Credit to the extent not otherwise Cash Collateralized by the Borrowers pursuant to Sections 2.03 and 2.16, ratably among the Lenders, the L/C Issuers, the Hedge Banks party to such Secured Hedge Agreements and the Cash Management Banks
party to such Secured Cash Management Agreements in proportion to the respective amounts described in this clause (e) held by them; provided that (x) any such amounts applied pursuant to the foregoing clause (ii) shall be paid
to the Administrative Agent for the ratable account of the applicable L/C Issuers to Cash Collateralize such L/C Obligations, (y) subject to Sections 2.03(d) and 2.16, amounts used to Cash Collateralize the aggregate undrawn amount of Letters
of Credit pursuant to this clause (e) shall be applied to satisfy drawings under such Letters of Credit as they occur and (z) upon the expiration of any Letter of Credit without any pending drawing, the pro rata share of Cash
Collateral attributable to such expired Letter of Credit shall be applied by the Administrative Agent in accordance with the priority of payments set forth in this Section 8.04; 

(f) sixth, to the payment of all other Obligations of the Loan Parties owing under or in respect of the Loan Documents
that are then due and payable to the Administrative Agent and the other Secured Parties, ratably based upon the respective aggregate amounts of all such Obligations then owing to the Administrative Agent and the other Secured Parties; and 

(g) last, after all of the Obligations have been paid in full (other than contingent indemnification obligations not yet
due and owing), to the Borrowers or as otherwise required by Law; 
 provided that no amounts received from any Guarantor shall be applied to
Excluded Swap Obligations of such Guarantor. 
 If any amount remains on deposit as Cash Collateral after all Letters of Credit have either
been fully drawn or expired without any pending drawing, such remaining amount shall be applied to the other Obligations, if any, in accordance with the priority of payments set forth above. Notwithstanding the foregoing, Obligations arising under
Secured Cash Management Agreements and Secured Hedge Agreements shall be excluded from the application of payments described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as
the Administrative Agent may reasonably request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. 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. 

  
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 It is understood and agreed by each Loan Party and each Secured Party that the
Administrative Agent and Collateral Agent shall have no liability for any determinations made by it in this Section 8.04, in each case except to the extent resulting from the gross negligence or willful misconduct of the Administrative Agent or
the Collateral Agent, as applicable (as determined by a court of competent jurisdiction in a final and non-appealable decision). Each Loan Party and each Secured Party also agrees that the Administrative Agent and the Collateral Agent may (but shall
not be required to), at any time and in its sole discretion, and with no liability resulting therefrom, petition a court of competent jurisdiction regarding any application of Collateral in accordance with the requirements hereof, and the
Administrative Agent and the Collateral Agent shall be entitled to wait for, and may conclusively rely on, any such determination. 
 ARTICLE
IX.  
 Administrative Agent and Other Agents 

Section 9.01 Appointment and Authorization of Agents. 

(a) Each Lender and L/C Issuer hereby irrevocably appoints Credit Suisse to act on its behalf as Administrative Agent hereunder and under the
other Loan Documents (subject to the provisions in Section 9.09), and designates and authorizes the Administrative Agent to take such actions on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such
powers and perform such duties as are expressly delegated to the Administrative Agent by the terms of this Agreement or any other Loan Document, together with such actions and powers as are reasonably incidental thereto. Notwithstanding any
provision to the contrary contained elsewhere herein or in any other Loan Document no Agent shall have any duties or responsibilities, except those expressly set forth herein, nor shall any Agent have or be deemed to have any fiduciary relationship
with any Lender or participant, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against any Agent. Regardless of whether a
Default has occurred and is continuing and without limiting the generality of the foregoing sentence, the use of the term “agent” herein and in the other Loan Documents with reference to any 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 merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between
independent contracting parties. 
 (b) Each 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 such L/C Issuer shall have all of the benefits and immunities (i) provided to the Agents in this Article IX with respect to any acts taken or omissions suffered by such L/C Issuer in connection with
Letters of Credit issued by it or proposed to be issued by it and the applications and agreements for letters of credit pertaining to such Letters of Credit as fully as if the term “Agent” as used in this Article IX and in the definition
of “Agent-Related Person” included such L/C Issuer with respect to such acts or omissions, and (ii) as additionally provided herein with respect to such L/C Issuer. 

(c) The Administrative Agent shall also act as the Collateral Agent under the Loan Documents, and each of the Lenders (including in its
capacities as a Lender, L/C Issuer (if applicable) and a potential Cash Management Bank party to a Secured Cash Management Agreement and/or a potential Hedge Bank party to a Secured Hedge Agreement) hereby irrevocably appoints and authorizes the
Administrative Agent to act as the agent of (and to hold any security interest created by the Collateral Documents for and on behalf of or in trust for) such Lender 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 Secured 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 9.02 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 (including Section 9.07, as though such co-agents, sub-agents and attorneys-in-fact were the Collateral Agent under the Loan
Documents) and Section 10.04 as if set forth in full 

  
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herein with respect thereto and all references to Administrative Agent in this Article IX shall, where applicable, be read as including a reference to the Collateral Agent. Without limiting the
generality of the foregoing, the Lenders hereby expressly authorize the Administrative Agent as Collateral Agent to execute any and all documents (including releases) with respect to the Collateral and the rights of the Secured Parties with respect
thereto (including any intercreditor agreement), as contemplated by and in accordance with the provisions of this Agreement and the Collateral Documents and acknowledge and agree that any such action by any Agent shall bind the Lenders (including in
its capacities as a Lender, L/C Issuer (if applicable) and a potential Cash Management Bank party to a Secured Cash Management Agreement and/or a potential Hedge Bank party to a Secured Hedge Agreement). 

Section 9.02 Delegation of Duties. The Administrative Agent may execute any of its duties and exercise its rights and powers under
this Agreement or any other Loan Document (including for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents or of exercising any rights and remedies thereunder) by or through
agents, employees or attorneys-in-fact and shall be entitled to advice of counsel and other consultants or experts concerning all matters pertaining to such duties. 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 Agent-Related Persons. The Administrative Agent shall not be responsible for the negligence or
misconduct of any agent or attorney-in-fact that it selects in the absence of gross negligence or willful misconduct by the Administrative Agent, as determined by a final non-appealable judgment by a court of
competent jurisdiction. The exculpatory provisions of this Article IX shall apply to any such sub agent and to the Agent-Related Persons 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. 

Section 9.03 Liability of Agents. 

(a) No Agent-Related Person shall be (i) liable for any action taken or omitted to be taken by any
of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby (except for its own gross negligence or willful misconduct in connection with its duties expressly set forth herein, to the extent
determined in a final, non-appealable judgment by a court of competent jurisdiction), (ii) liable for any action taken or not taken by it (A) with the consent or at the request of the 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 10.01 and 8.02) or (B) in the absence of its
own gross negligence or willful misconduct as determined by the final, non-appealable judgment of a court of competent jurisdiction, in connection with its duties expressly set forth herein, (iii) responsible in any manner to any Lender or
participant for any recital, statement, representation or warranty made by any Loan Party or any officer thereof, contained herein or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for
in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document, (iv) responsible for or have any duty to ascertain or inquire into the validity, effectiveness, genuineness, enforceability or
sufficiency of this Agreement or any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien, or security interest created or purported to be created under the Collateral Documents, or
for any failure of any Loan Party or any other party to any Loan Document to perform its obligations hereunder, (v) responsible for or have any duty to ascertain or inquire into the value or the sufficiency of any Collateral or
(vi) responsible for or have any duty to ascertain or inquire into 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. No Agent-Related Person shall be under any obligation to any Lender or participant to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan
Document, or to inspect the properties, books or records of any Loan Party or any Affiliate thereof. 
 (b) The Administrative Agent shall
not have any duty to (i) take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that such 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 no Agent shall be required to take any action that, in its opinion
or the opinion of its counsel, may expose such Agent to liability or that is contrary to any Loan Document or applicable Law; and (ii) to disclose, except as expressly set forth herein and in the other Loan Documents, and shall not be liable
for the failure to disclose, any information relating to the Borrowers or any of their Affiliates that is communicated to or obtained by any Person serving as an Agent or any of its Affiliates in any capacity. 

  
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 (c) Any assignor of a Loan or seller of a participation hereunder shall be entitled to rely
conclusively on a representation of the assignee Lender or Participant in the relevant Assignment and Assumption or participation agreement, as applicable, that such assignee or purchaser is not a Disqualified Institution. No Agent shall have any
responsibility or liability for monitoring the list or identities of, or enforcing provisions relating to, Disqualified Institutions. 

Section 9.04 Reliance by Agents. 

(a) Each Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, communication, signature, resolution,
representation, notice, request, consent, certificate, instrument, affidavit, letter, telegram, facsimile, telex or telephone message, electronic mail message, Internet or intranet website posting or other distribution statement or other document or
conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons. Each 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 not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan that by its terms must be fulfilled to the satisfaction of a Lender, the Administrative Agent may
presume that such condition is satisfactory to such Lender unless the Administrative Agent shall have received notice to the contrary from such Lender prior to the making of such Loan. Each Agent may consult with, and rely upon (and be fully
protected in relying upon), advice and statements of legal counsel (including counsel to any Loan Party), independent accountants and other experts selected by such Agent. Each Agent shall be fully justified in failing or refusing to take any action
under any Loan Document unless it shall first receive such advice or concurrence of the Required Lenders (or such greater number of Lenders as may be expressly required hereby in any instance) as it deems appropriate and, if it so requests, it shall
first be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. Each Agent shall in all cases be fully protected in acting, or
in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of the Required Lenders (or such greater number of Lenders as may be expressly required hereby in any instance) and such request and
any action taken or failure to act pursuant thereto shall be binding upon all the Lenders. 
 (b) For purposes of determining compliance with
the conditions specified in Sections 4.01 and 4.02, 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. 

Section 9.05 Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any
Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Lenders, unless the Administrative Agent shall have received written notice from a Lender
or any Borrower referring to this Agreement, describing such Default and stating that such notice is a “notice of default.” The Administrative Agent will notify the Lenders of its receipt of any such notice. The Administrative Agent shall
take such action with respect to any Event of Default as may be directed by the Required Lenders or the Required Revolving Lenders, as applicable, in accordance with Article VIII; provided, however, that unless and until the Administrative Agent has
received any such direction, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Event of Default as it shall deem advisable or in the best interest of the Lenders.

 Section 9.06 Credit Decision; Disclosure of Information by Agents. Each Lender acknowledges that no Agent-Related Person has
made any representation or warranty to it, and that no act by any Agent 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 any Agent-Related Person to any Lender as to any matter, including whether Agent-Related Persons have disclosed material information in their possession. Each Lender represents to
each Agent that it has, independently and without reliance upon any Agent-

  
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Related Person and based on such documents and information as it has deemed appropriate, made its own appraisal of, and investigation into, the business, prospects, operations, property,
financial and other condition and creditworthiness of the Loan Parties and their respective 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 Borrowers and the other Loan Parties hereunder. Each Lender also represents that it will, independently and without reliance upon any Agent-Related Person and based on
such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, 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 Borrowers and the other Loan Parties. Except for notices, reports and other
documents expressly required to be furnished to the Lenders by any Agent herein, such Agent shall not have any duty or responsibility to provide any Lender with 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 respective Affiliates which may come into the possession of any Agent-Related Person. 

Section 9.07 Indemnification of Agents. Whether or not the transactions contemplated hereby are consummated, each Lender shall, on
a ratable basis based on such Lender’s Pro Rata Share of all the Facilities, indemnify upon demand each Agent-Related Person (to the extent not reimbursed by or on behalf of any Loan Party and without limiting the obligation of any Loan Party
to do so), and hold harmless each Agent-Related Person in each case from and against any and all Indemnified Liabilities incurred by such Agent-Related Person (including, for the avoidance of doubt, any such
Agent-Related Person in its capacity as L/C Issuer); provided, however, that no Lender shall be liable for any Indemnified Liabilities incurred by an Agent-Related Person to the extent such Indemnified
Liabilities are determined in a final, non-appealable judgment by a court of competent jurisdiction to have resulted from such Agent-Related Person’s own gross
negligence or willful misconduct; provided, however, that no action taken in accordance with the directions of the Required Lenders (or such other number or percentage of the Lenders as shall be required by the Loan Documents) shall be deemed to
constitute gross negligence or willful misconduct for purposes of this Section 9.07; provided, further, that to the extent any L/C Issuer is entitled to indemnification under this Section 9.07 solely in its capacity and role as an L/C
Issuer, only the Revolving Credit Lenders shall be required to indemnify such L/C Issuer under this Section 9.07 (which indemnity shall be provided by such Lenders based upon their respective Pro Rata Share of the Revolving Credit Facility). In
the case of any investigation, litigation or proceeding giving rise to any Indemnified Liabilities, this Section 9.07 shall apply whether or not any such investigation, litigation or proceeding is brought by any Lender or any other Person.
Without limiting the foregoing, each Lender shall reimburse the Administrative Agent upon demand for its Pro Rata Share of any costs or out-of-pocket expenses (including the fees, disbursements and other
charges of counsel) incurred by the Administrative Agent in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal
advice in respect of rights or responsibilities under, this Agreement, any other Loan Document, or any document contemplated by or referred to herein, to the extent that the Administrative Agent is not reimbursed for such expenses by or on behalf of
the Borrowers; provided that such reimbursement by the Lenders shall not affect the Borrowers’ continuing reimbursement obligations with respect thereto; provided further, that failure of any Lender to indemnify or reimburse the Administrative
Agent shall not relieve any other Lender of its obligation in respect thereof. The undertaking in this Section 9.07 shall survive termination of the Aggregate Commitments, the payment of all other Obligations and the resignation or removal of
the Administrative Agent. 
 Section 9.08 Agents in their Individual Capacities. Any Agent and its Affiliates may make loans to,
issue letters of credit for the account of, accept deposits from, acquire Capital Stock in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with each of the Loan Parties and their respective
Affiliates as though it were not an Agent or an L/C Issuer hereunder and without notice to or consent of the Lenders. The Lenders acknowledge that, pursuant to such activities, an Agent or its Affiliates may receive information regarding any Loan
Party or its Affiliates (including information that may be subject to confidentiality obligations in favor of such Loan Party or such Affiliate) and acknowledge that such Agent shall be under no obligation to provide such information to them. With
respect to its Loans, such Agent shall have the same rights and powers under this Agreement as any other Lender and may exercise such rights and powers as though it were not an Agent or an L/C Issuer, and the terms “Lender” and
“Lenders” include such Agent in its individual capacity (unless otherwise expressly indicated or unless the context otherwise requires). 

  
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 Section 9.09 Successor Agents. 

(a) The Administrative Agent or Collateral Agent may resign as the Administrative Agent or Collateral Agent, as applicable, upon 30 days’
written notice to the Borrowers and the Lenders. If the Administrative Agent or Collateral Agent or a controlling Affiliate of the Administrative Agent or the Collateral Agent is subject to an Agent-Related
Distress Event, the Borrowers may remove such Agent from such role upon ten (10) days’ written notice to the Lenders. Upon receipt of any such notice of resignation or removal, the Required Lenders shall appoint from among the Lenders a
successor agent for the Lenders, which successor agent shall be consented to by the Borrowers at all times other than during the existence of an Event of Default under Section 8.01(a), (f), or (g) (which consent of the Borrowers shall not be
unreasonably withheld or delayed). If no successor agent is appointed prior to the effective date of the resignation or removal, as applicable, of the Administrative Agent or Collateral Agent, as applicable, the Administrative Agent or Collateral
Agent (other than to the extent subject to an Agent-Related Distress Event or if the Administrative Agent is being removed as a result of it being a Disqualified Lender), as applicable, may appoint, after
consulting with the Lenders and the Borrowers, a successor agent from among the Lenders. Upon the acceptance of its appointment as successor agent hereunder, the Person acting as such successor agent shall succeed to all the rights, powers and
duties of the retiring Administrative Agent or Collateral Agent, as applicable, and the term “Administrative Agent” or “Collateral Agent,” as applicable, shall mean such successor administrative agent or such successor collateral
agent, as applicable, and the retiring Administrative Agent’s or Collateral Agent’s appointment, powers and duties as the Administrative Agent or Collateral Agent, as applicable, shall be terminated. After the retiring Administrative
Agent’s or Collateral Agent’s resignation or removal hereunder as the Administrative Agent or Collateral Agent, the provisions of this Article IX and Sections 10.04 and 10.05 shall continue in effect for its benefit as to any actions taken
or omitted to be taken by it while it was the Administrative Agent or Collateral Agent under this Agreement. If no successor agent has accepted appointment as the Administrative Agent or Collateral Agent by the date which is 30 days following the
retiring Administrative Agent’s or Collateral Agent’s notice of resignation or removal, the retiring Administrative Agent’s or Collateral Agent’s resignation or removal shall nevertheless thereupon become effective and
(i) the retiring Administrative Agent or Collateral Agent, as applicable, 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 or Collateral Agent on behalf of the Lenders under any of the Loan Documents, the retiring Agent shall continue to hold such collateral security as bailee, trustee or other applicable capacity until such time as a successor of
such Agent is appointed), (ii) 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 directly, until such time as the Required Lenders appoint a
successor Administrative Agent as provided for above in this Section 9.09 and (iii) the Lenders shall perform all of the duties of the Administrative Agent or Collateral Agent, as applicable, hereunder until such time, if any, as the
Required Lenders appoint a successor agent as provided for above. Upon the acceptance of any appointment as the Administrative Agent or Collateral Agent hereunder by a successor and upon the execution and filing or recording of such financing
statements, or amendments thereto, and such amendments or supplements to the Mortgages, and such other instruments or notices, as may be necessary or desirable, or as the Required Lenders may request, in order to continue the perfection of the Liens
granted or purported to be granted by the Collateral Documents, the Administrative Agent or Collateral Agent, as applicable, shall thereupon succeed to and become vested with all the rights, powers, discretion, privileges, and duties of the retiring
Administrative Agent or Collateral Agent. Upon the acceptance of any appointment as the Administrative Agent or Collateral Agent hereunder by a successor or upon the expiration of the 30-day period following
the retiring Administrative Agent’s or Collateral Agent’s notice of resignation or removal without a successor agent having been appointed, the retiring Administrative Agent or Collateral Agent, as applicable, shall be discharged from its
duties and obligations hereunder and under the other Loan Documents other than as specifically set forth in clause (i) above of this Section 9.09(a) but the provisions of this Article IX and Sections 10.04 and 10.05 shall continue in
effect for the benefit of such retiring Agent, its sub-agents and their respective Agent-Related Persons in respect of any actions taken or omitted to be taken by any of them solely in respect of the Loan
Documents or Obligations, as applicable, while the retiring Agent was acting as Administrative Agent or Collateral Agent, as applicable. At any time the Administrative Agent or Collateral Agent is a Defaulting Lender pursuant to clause (d) of
the definition thereof, the Administrative Agent or Collateral Agent may be removed as the Administrative Agent or Collateral Agent hereunder at the request of the Borrowers and the Required Lenders. 

  
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 (b) Any resignation by or removal of Credit Suisse as Administrative Agent or Collateral
Agent pursuant to this Section 9.09 shall also constitute its resignation or removal as an L/C Issuer, in which case the resigning Administrative Agent (x) shall not be required to issue any further Letters of Credit hereunder and
(y) shall maintain all of its rights as L/C Issuer with respect to any Letters of Credit issued by it prior to the date of such resignation or removal. Upon the acceptance of a successor’s appointment as Administrative Agent or Collateral
Agent hereunder or upon the expiration of the 30-day period following the retiring Administrative Agent or Collateral Agent’s notice of resignation or removal without a successor agent having been
appointed, (i) such successor (if any) shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer, (ii) the retiring L/C Issuer 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 (if any) shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make
(or the Borrowers shall enter into) other arrangements satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect to such Letters of Credit. 

Section 9.10 Administrative Agent May File Proofs of Claim. In case of the pendency of any receivership, administrative
receivership, judicial management, insolvency, liquidation, bankruptcy, reorganization (by way of voluntary arrangement, schemes of arrangement or otherwise), arrangement, adjustment, composition or 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 Borrowers) 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 and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders and the Administrative Agent and their respective agents and counsel to
the extent provided for herein and all other amounts due the Lenders and the Administrative Agent under Sections 2.03(h) and (i), 2.09 and 10.04) 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 administrator, administrative receiver, custodian, receiver, assignee, trustee, judicial manager, liquidator, sequestrator or other similar
official in any such judicial proceeding is hereby authorized by each Lender 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, to
pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Agents and their respective agents and counsel, and any other amounts, in each case, due the Administrative Agent under
Sections 2.09 and 10.04. 
 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 any plan of reorganization (by way of voluntary arrangement, schemes of arrangement or otherwise), arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize
the Administrative Agent to vote in respect of the claim of any Lender in any such proceeding. 
 Section 9.11 Collateral and
Guaranty Matters. Each of the Lenders (including in their capacities as potential Hedge Banks party to a Secured Hedge Agreement and potential Cash Management Banks party to a Secured Cash Management Agreement) and each L/C Issuer irrevocably
authorize the Administrative Agent and the Collateral Agent, and each of the Administrative Agent and the Collateral Agent shall to the extent requested by the Borrowers or, solely in the case of clause (d) below, to the extent provided for
under this Agreement, 
 (a) release any Lien on any property granted to or held by the Administrative Agent or Collateral Agent under any
Loan Document (i) upon termination of the Aggregate Commitments and payment in full of all Obligations (other than (A) contingent indemnification obligations as to which no claim has been asserted and (B) obligations and liabilities
under Secured Cash Management Agreements and Secured Hedge Agreements) and the expiration without any pending drawing or termination of all Letters of Credit (other than Letters of Credit which have been Cash Collateralized), (ii) that is sold,
disposed of or distributed or to be sold, disposed of or distributed as 

  
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part of or in connection with any transaction permitted hereunder or under any other Loan Document, in each case to a Person that is not a Loan Party, (iii) subject to Section 10.01, if
approved, authorized or ratified in writing by the Required Lenders, (iv) that constitutes Excluded Property as a result of an occurrence not prohibited hereunder or (v) owned by a Subsidiary Guarantor upon release of such Subsidiary
Guarantor from its obligations under its Guaranty pursuant to clause (c) below; 
 (b) release or subordinate any Lien on any property
granted to or held by the Administrative Agent or Collateral Agent under any Loan Document to the holder of any Permitted Lien on such property that is permitted by clauses (1), (4), (6) (only with regard to clause 7.01(d)), (9), (11) (solely with
respect to cash deposits), (16), (17) (other than with respect to self-insurance arrangements), (18) (solely to the extent constituting Excluded Property), (21), (26) (solely to the extent the Lien of the Collateral Agent on such property is not,
pursuant to such agreements, required or permitted to be senior to or pari passu with such Liens), (29) (solely with respect to cash deposits), (34) and (48) of the definition thereof; 

(c) release any Guarantor from its obligations under the applicable Guaranty if in the case of any Subsidiary, such Person ceases to be a
Restricted Subsidiary or otherwise becomes an Excluded Subsidiary as a result of a transaction or designation permitted hereunder; provided that no such release shall occur if such Guarantor continues to be a guarantor in respect of any
Specified Refinancing Debt, any Refinancing Notes, the Senior Notes, any New Incremental Notes or, to the extent incurred by a Loan Party (other than Holdings), any other Indebtedness, in each case, with an aggregate outstanding principal amount in
excess of $150 million; and 
 (d) establish intercreditor arrangements as contemplated by this Agreement. 

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Collateral Agent’s authority to
release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the Guaranty pursuant to this Section 9.11. In each case as specified in this Section 9.11, the applicable
Agent will (and each Lender irrevocably authorizes the applicable Agent to), at the Borrowers’ expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may reasonably request to evidence the release or
subordination of such item of Collateral from the assignment and security interest granted under the Collateral Documents, or to evidence the release of such Guarantor from its obligations under the Guaranty, in each case in accordance with the
terms of the Loan Documents and this Section 9.11. 
 Section 9.12 Other Agents; Arranger and Managers. None of the Lenders
or other Persons identified on the facing page or signature pages of this Agreement as a “documentation agent,” “joint lead arranger,” or “joint bookrunner” shall have any right, power, obligation, liability,
responsibility or duty under this Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders or other Persons so identified shall have or be deemed to have any fiduciary relationship with any
Lender. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action hereunder. 

Section 9.13 Secured Cash Management Agreements and Secured Hedge Agreements. No Cash Management Bank or Hedge Bank that obtains
the benefits of Section 8.03, any Guaranty or any Collateral by virtue of the provisions hereof or of any Guaranty 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) 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 unless the Administrative Agent has received written 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. 

  
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 Section 9.14 Appointment of Supplemental Agents, Incremental Arrangers, Incremental
Notes Arrangers and Specified Refinancing Agents. 
 (a) It is the purpose of this Agreement and the other Loan Documents that
there shall be no violation of any Law of any jurisdiction denying or restricting the right of banking corporations or associations to transact business as agent or trustee in such jurisdiction. It is recognized that in case of litigation under this
Agreement or any of the other Loan Documents, and in particular in case of the enforcement of any of the Loan Documents, or in case the Administrative Agent or the Collateral Agent deems that by reason of any present or future Law of any
jurisdiction it may not exercise any of the rights, powers or remedies granted herein or in any of the other Loan Documents or take any other action which may be desirable or necessary in connection therewith, the Administrative Agent and the
Collateral Agent are hereby authorized to appoint an additional individual or institution selected by them in their sole discretion as a separate trustee, co-trustee, administrative agent, collateral agent,
administrative sub-agent or administrative co-agent, as applicable (any such additional individual or institution being referred to herein individually as a “Supplemental Agent” and collectively as “Supplemental
Agents”). 
 (b) In the event that the Administrative Agent or the Collateral Agent appoints a Supplemental Agent with respect to
any Collateral, (i) each and every right, power, privilege or duty expressed or intended by this Agreement or any of the other Loan Documents to be exercised by or vested in or conveyed to the Administrative Agent or the Collateral Agent with
respect to such Collateral shall be exercisable by and vest in such Supplemental Agent to the extent, and only to the extent, necessary to enable such Supplemental Agent to exercise such rights, powers and privileges with respect to such Collateral
and to perform such duties with respect to such Collateral, and every covenant and obligation contained in the Loan Documents and necessary to the exercise or performance thereof by such Supplemental Agent shall run to and be enforceable by either
the Administrative Agent and the Collateral Agent or such Supplemental Agent, and (ii) the provisions of this Article IX and of Sections 10.04 and 10.05 (obligating the Borrowers to pay the Administrative Agent’s and the Collateral
Agent’s expenses and to indemnify the Administrative Agent and the Collateral Agent) that refer to the Administrative Agent and/or the Collateral Agent shall inure to the benefit of such Supplemental Agent and all references therein to the
Administrative Agent and/or Collateral Agent shall be deemed to be references to the Administrative Agent and/or Collateral Agent and/or such Supplemental Agent, as the context may require. 

(c) Should any instrument in writing from the Borrowers, Holdings or any other Loan Party be required by any Supplemental Agent so appointed by
the Administrative Agent or the Collateral Agent for more fully and certainly vesting in and confirming to him or it such rights, powers, privileges and duties, the Borrowers or Holdings, as applicable, shall, or shall cause such Loan Party to,
execute, acknowledge and deliver any and all such instruments promptly upon request by the Administrative Agent or the Collateral Agent. In case any Supplemental Agent, or a successor thereto, shall die, become incapable of acting, resign or be
removed, all the rights, powers, privileges and duties of such Supplemental Agent, to the extent permitted by Law, shall vest in and be exercised by the Administrative Agent or the Collateral Agent, as applicable, until the appointment of a new
Supplemental Agent. 
 (d) In the event that the Borrowers appoint or designate any Incremental Arranger, Incremental Notes Arranger or
Specified Refinancing Agent pursuant to Sections 2.14, 2.15 and 2.18, as applicable, (i) each and every right, power, privilege or duty expressed or intended by this Agreement or any of the other Loan Documents to be exercised by or vested in
or conveyed to an agent or arranger with respect to New Loan Commitments, New Incremental Notes or Specified Refinancing Debt, as applicable, shall be exercisable by and vest in such Incremental Arranger, Incremental Notes Arranger or Specified
Refinancing Agent to the extent, and only to the extent, necessary to enable such Incremental Arranger, Incremental Notes Arranger or Specified Refinancing Agent to exercise such rights, powers and privileges with respect to the New Loan
Commitments, New Incremental Notes or Specified Refinancing Debt, as applicable, and to perform such duties with respect to such New Loan Commitments, New Incremental Notes or Specified Refinancing Debt, and every covenant and obligation contained
in the Loan Documents and necessary to the exercise or performance thereof by such Incremental Arranger, Incremental Notes Arranger or Specified Refinancing Agent shall run to and be enforceable by either the Administrative Agent or such Incremental
Arranger, Incremental Notes Arranger or Specified Refinancing Agent, and (ii) the provisions of this Article IX and of Sections 10.04 and 10.05 (obligating the Borrowers to pay the Administrative Agent’s and the Collateral Agent’s
expenses and to indemnify the Administrative Agent and the Collateral Agent) that refer to the Administrative Agent and/or the Collateral Agent shall inure to the benefit of such Incremental Arranger, Incremental Notes Arranger or Specified
Refinancing Agent and all references therein to the Administrative Agent and/or Collateral Agent shall be deemed to be references to the Administrative Agent and/or Collateral Agent and/or such Incremental Arranger, Incremental Notes Arranger or
Specified Refinancing Agent, as the context may require. 

  
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 Each Lender and L/C Issuer hereby irrevocably appoints any Incremental Arranger, Incremental Notes Arranger
or Specified Refinancing Agent to act on its behalf hereunder and under the other Loan Documents pursuant to Sections 2.14, 2.15 and 2.18, as applicable, and designates and authorizes such Incremental Arranger, Incremental Notes Arranger or
Specified Refinancing Agent to take such actions on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to such Incremental Arranger,
Incremental Notes Arranger or Specified Refinancing Agent by the terms of this Agreement or any other Loan Document, together with such actions and powers as are reasonably incidental thereto. 

Section 9.15 Intercreditor Agreement. The Administrative Agent and the Collateral Agent are authorized to, to the extent required
by the terms of the Loan Documents, (i) enter into any intercreditor agreement contemplated by this Agreement, (ii) enter into any Collateral Document, or (iii) make or consent to any filings or take any other actions in connection
therewith (and any amendments, amendments and restatements, restatements or waivers of or supplements to or other modifications to, such agreements in connection with the incurrence by any Loan Party of any Indebtedness of such Loan Party that is
permitted to be secured pursuant to Sections 7.01 and 7.02 of this Agreement, in order to permit such Indebtedness to be secured by a valid, perfected lien on the Collateral (with such priority as may be designated by such Loan Party, to the extent
such priority is permitted by the Loan Documents)), and the parties hereto acknowledge that any intercreditor agreement, Collateral Document, consent, filing or other action will be binding upon them. Each Lender (a) hereby agrees that it will
be bound by and will take no actions contrary to the provisions of any intercreditor agreement (if entered into) and (b) hereby authorizes and instructs the Administrative Agent and the Collateral Agent to enter into any intercreditor agreement
contemplated by this Agreement or Collateral Document (and any amendments, amendments and restatements, restatements or waivers of or supplements to or other modifications to, such agreements in connection with the incurrence by any Loan Party of
any Indebtedness of such Loan Party that is permitted to be secured pursuant to Sections 7.01 and 7.02 of this Agreement, in order to permit such Indebtedness to be secured by a valid, perfected lien on the Collateral (with such priority as may be
designated by such Loan Party, to the extent such priority is permitted by the Loan Documents)), and to subject the Liens on the Collateral securing the Obligations to the provisions thereof. 

ARTICLE X.  

Miscellaneous 

Section 10.01 Amendments, Etc. Except as otherwise expressly set forth in this Agreement or the applicable Loan Document, no
amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by any Borrower or any other Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders and the
Borrowers or the applicable Loan Party, as the case may be, and acknowledged by the Administrative Agent to the extent the Administrative Agent is not a Defaulting Lender (other than with respect to any amendment or waiver contemplated in clause
(h) below, which shall only require the consent of the Required Revolving Lenders), and each such amendment, waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however,
that no such amendment, waiver or consent shall: 
 (a) extend or increase the Commitment of any Lender, or reinstate the
Commitment of any Lender after the termination of such Commitment pursuant to Section 8.02, in each case without the written consent of such Lender (it being understood that a waiver of any condition precedent set forth in Section 4.02 or
the waiver of (or amendment to the terms of) any Default or Event of Default, mandatory prepayment or mandatory reduction of the Commitments shall not constitute an extension or increase of any Commitment of any Lender); 

(b) postpone any date scheduled for, or reduce the amount of, any payment of principal of, or interest on, any Loan or L/C
Borrowing or any fees or other amounts payable hereunder, without the written consent of each Lender directly and adversely affected thereby (and subject to such further requirements as may be applicable thereto under the last two paragraphs of this
Section 10.01), it being understood that the waiver of any obligation to pay interest at the Default Rate, or the amendment or waiver of any mandatory prepayment of Loans under the Term Facilities shall not constitute a postponement of any date
scheduled for the payment of principal, interest or fees; 

  
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 (c) reduce the principal of, or the rate of interest specified herein on,
any Loan or L/C Borrowing (it being understood that a waiver of any Default or Event of Default or mandatory prepayment shall not constitute a reduction or forgiveness of principal), or (subject to clause (iii) of the proviso following clause
(h) below) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender directly and adversely affected thereby, it being understood that any change to the definitions of First Lien Net
Leverage Ratio or in the component definitions thereof shall not constitute a reduction in any rate of interest or any fees based thereon; provided, however, that only the consent of the Required Lenders shall be necessary to amend the
definition of “Default Rate” or to waive any obligation of the Borrowers to pay interest at the Default Rate; 

(d) modify Section 2.06(c) or Section 2.13 without the written consent of each Lender directly and adversely affected
thereby; 
 (e) change (i) any provision of this Section 10.01 (other than the last two paragraphs of this
Section), or the definition of Required Lenders, or any other provision hereof specifying the number or percentage of Lenders or portion of the Loans or Commitments required to amend, waive or otherwise modify any rights hereunder or make any
determination or grant any consent hereunder (other than the definition specified in clause (ii) of this Section 10.01(e) or modifications in connection with repurchases of Term Loans, amendments with respect to Incremental Facilities and
amendments with respect to extensions of maturity), without the written consent of each Lender, or (ii) the definition of “Required Revolving Lenders,” without the written consent of each Lender under the Revolving Credit Facility;

 (f) other than in a transaction permitted under Section 7.03 or Section 7.04, release all or substantially all
of the Liens on the Collateral in any transaction or series of related transactions, without the written consent of each Lender; 

(g) other than in a transaction permitted under Section 7.03 or Section 7.04, release all or substantially all of the
aggregate value of the Guaranty, or all or substantially all of the Guarantors, without the written consent of each Lender; or 

(h) (i) amend or otherwise modify Section 7.08 (or for the purposes of determining compliance with the Financial
Covenant, any defined terms used therein), or (ii) waive or consent to any Default or Event of Default resulting from a breach of the Financial Covenant or (iii) alter the rights or remedies of the Required Revolving Lenders arising
pursuant to Article VIII as a result of a breach of Section 7.08, in each case, without the written consent of the Required Revolving Lenders; provided, however, that the amendments, modifications, waivers and consents described
in this clause (h) shall not require the consent of any Lenders other than the Required Revolving Lenders; 
 and provided further that
(i) no amendment, waiver or consent shall, unless in writing and signed by an L/C Issuer in addition to the Borrowers and the Lenders required above, affect the rights or duties of such L/C Issuer, in its capacity as such, under this Agreement
or any Letter of Credit Application or other Issuer Document relating to any Letter of Credit issued or to be issued by it; (ii) no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent, in its capacity as
such, in addition to the Borrowers and the Lenders required above, affect the rights or duties of, or any fees or other amounts payable to, the Administrative Agent under this Agreement or any other Loan Document; and
(iii) Section 10.07(g) may not be amended, waived or otherwise modified without the consent of each Granting Lender all or any part of whose Loans are being funded by an SPC at the time of such amendment, waiver or other modification.
Notwithstanding anything to the contrary herein, any amendment, modification, waiver or other action 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 or Affiliate Lenders (other than Debt Fund Affiliates), except that (x) no amendment, waiver or consent relating to Section 10.01(a), (b) or (c) may be effected, in each case without the consent of such Defaulting
Lender or Affiliate Lender and (y) any amendment, modification, waiver or other action that by its terms adversely affects any Defaulting Lender or Affiliate Lender in its capacity as a Lender in a manner that differs in any material respect
from, and is more adverse to such Defaulting Lender or Affiliate Lender than it is to, other affected Lenders shall require the consent of such Defaulting Lender or Affiliate Lender. Notwithstanding anything to the contrary herein, any waiver,
amendment, modification or consent in respect of this Agreement or any other Loan Document that by 

  
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its terms affects the rights or duties under this Agreement or any other Loan Document of Lenders holding Loans or Commitments of a particular Tranche (but not the Lenders holding Loans or
Commitments of any other Tranche) may be effected by an agreement or agreements in writing entered into by the Borrowers and the requisite percentage in interest of the Lenders with respect to such Tranche that would be required to consent thereto
under this Section 10.01 if such Lenders were the only Lenders hereunder at the time. 
 This Section 10.01 shall be subject to
any contrary provision of Section 2.14 or Section 2.18. In addition, notwithstanding anything else to the contrary contained in this Section 10.01, (a) amendments and modifications in connection with the transactions provided for by
Section 2.14 or Section 2.18 that benefit existing Lenders may be effected without such Lenders’ consent, (b) if the Administrative Agent and the Borrowers shall have jointly identified an obvious error or any error or omission
of a technical nature, in each case, in any provision of the Loan Documents, then the Administrative Agent and the Borrowers shall be permitted to amend such provision and (c) the Administrative Agent and the Borrowers shall be permitted to
amend any provision of any Collateral Document, the Guaranty, or enter into any new agreement or instrument, to better implement the intentions of this Agreement and the other Loan Documents or as required by local law to give effect to any
guaranty, or to give effect to or to protect any security interest for the benefit of the Secured Parties, in any property so that the security interests comply with applicable Law, and in each case, such amendments, documents and agreements shall
become effective without any further action or consent of any other party to any Loan Document if in the case of amendments contemplated by clause (b) the same is not objected to in writing by the Required Lenders within five Business Days
following receipt of notice thereof. 
 Notwithstanding anything to the contrary herein, in connection with any amendment, modification,
waiver or other action requiring the consent or approval of Required Lenders, Lenders that are Debt Fund Affiliates shall not be permitted, in the aggregate, to account for more than 49.9% of the amounts actually included in determining whether the
threshold in the definition of Required Lenders has been satisfied. The voting power of each Lender that is a Debt Fund Affiliate shall be reduced, pro rata, to the extent necessary in order to comply with the immediately preceding
sentence. 
 Notwithstanding anything to the contrary herein, at any time and from time to time, upon notice to the Administrative Agent
(who shall promptly notify the applicable Lenders) specifying in reasonable detail the proposed terms thereof, the Borrowers may make one or more loan modification offers to all the Lenders of any Facility that would, if and to the extent accepted
by any such Lender, (a) extend the scheduled Maturity Date and any amortization of the Loans and Commitments under such Facility and/or change the Applicable Rate and/or fees payable with respect to the Loans and Commitments under such Facility
(in each case solely with respect to the Loans and Commitments of accepting Lenders in respect of which an acceptance is delivered) and (b) treat the Loans and Commitments so modified as a new “Facility” for all purposes under this
Agreement; provided that (i) such loan modification offer is made to each Lender under the applicable Facility on the same terms and subject to the same procedures as are applicable to all other Lenders under such Facility (which
procedures in any case shall be reasonably satisfactory to the Administrative Agent) and (ii) no loan modification shall affect the rights or duties of, or any fees or other amounts payable to, the Administrative Agent or any L/C Issuer,
without its prior written consent. 
 In connection with any such loan modification offer, the Borrowers and each accepting Lender shall
execute and deliver to the Administrative Agent such agreements and other documentation as the Administrative Agent shall reasonably specify to evidence the acceptance of the applicable loan modification offer and the terms and conditions thereof,
and this Agreement and the other Loan Documents shall be amended in a writing (which may be executed and delivered by the Borrowers and the Administrative Agent and shall be effective only with respect to the applicable Loans and Commitments of
Lenders that shall have accepted the relevant loan modification offer (and only with respect to Loans and Commitments as to which any such Lender has accepted the loan modification offer)) to the extent necessary or appropriate, in the judgment of
the Administrative Agent, to reflect the existence of, and to give effect to the terms and conditions of, the applicable loan modification (including the addition of such modified Loans and/or Commitments as a “Facility” hereunder). No
Lender shall have any obligation whatsoever to accept any loan modification offer, and may reject any such offer in its sole discretion. On the effective date of any loan modification applicable to the Revolving Credit Facility, the Borrowers shall
prepay any Revolving Credit Loans or L/C Advances (to the extent participated to Revolving Credit Lenders) outstanding on such effective date (and pay any additional amounts required pursuant to Section 3.06) to the extent necessary to

  
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keep the outstanding Revolving Credit Loans or L/C Advances (to the extent participated to Revolving Credit Lenders), as the case may be, ratable with any revised Pro Rata Share of a Revolving
Credit Lender in respect of the Revolving Credit Facility arising from any non-ratable loan modification to the Revolving Credit Commitments under this Section 10.01. Notwithstanding the foregoing, no
modification referred to above shall become effective unless the Administrative Agent, to the extent reasonably requested by the Administrative Agent, shall have received legal opinions, board resolutions, officers’ certificates and/or
reaffirmation agreements consistent with those delivered on the Closing Date under Section 4.01 or delivered from time to time pursuant to Section 6.12, Section 6.14 and/or Section 6.16 with respect to Holdings and the Borrowers,
all material Subsidiary Guarantors and each other Subsidiary Guarantor that is organized in a jurisdiction for which local counsel to the Administrative Agent in such jurisdiction advises that such deliveries are reasonably necessary to preserve the
Collateral in such jurisdiction. 
 Section 10.02 Notices; Electronic Communications. 

(a) General. Unless otherwise expressly provided herein, 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 telecopier 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 Holdings, the Borrowers, the Administrative Agent, the Collateral Agent or an L/C
Issuer, to the address, telecopier number, electronic mail address or telephone number specified for such Person on Schedule 10.02 or to such other address, telecopier number, electronic mail address or telephone number as shall be designated by
such party in a notice to the other parties hereto, as provided in Section 10.02(d); and 
 (ii) if to any other Lender, to the address,
telecopier number, electronic mail address or telephone number specified in its Administrative Questionnaire. 
 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 telecopier 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 clause (b) below shall be effective as provided in such clause (b). 
 (b) Electronic
Communications. Notices and other communications to the Lenders and the L/C Issuers hereunder may be delivered or furnished by electronic communication (including e-mail 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 any L/C Issuer pursuant to Article II if such Lender or such L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable
of receiving, or is unwilling to receive, notices under Article II by electronic communication. The Administrative Agent or any Borrower may, 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 (with the Borrowers’ consent), (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement); provided that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to
have been sent at the opening of business on the next Business Day for the recipient, 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. 

  
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 (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS
AVAILABLE.” THE AGENT-RELATED PERSONS 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-RELATED PERSON IN
CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall any Agent-Related Person have any liability to any Loan Party or any of their respective Subsidiaries, any Lender, any 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 Borrower’s or the Administrative Agent’s transmission of Borrower Materials through the Internet,
except to the extent that such losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and non-appealable judgment to have resulted from the gross
negligence or willful misconduct of such Agent-Related Person; provided, however, that in no event shall any Agent-Related Person have any liability to any Loan Party or any of their respective
Subsidiaries, any Lender, any L/C Issuer or any other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 

(d) Change of Address, Etc. Each of Holdings, the Borrowers, the Guarantors, the Administrative Agent, the Collateral Agent and each L/C
Issuer may change its address, telecopier, telephone number or electronic mail address for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, telecopier, telephone number or
electronic mail address for notices and other communications hereunder by notice to the Borrowers, the Administrative Agent and each L/C Issuer. 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, telecopier number and electronic 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 Borrowers or their
securities for purposes of United States federal or state securities laws. 
 (e) Reliance by Administrative Agent, Collateral Agent, L/C
Issuer and Lenders. The Administrative Agent, the Collateral Agent, the L/C Issuers and the Lenders shall be entitled to rely and act upon any notices (including telephonic Committed Loan Notices) purportedly given by or on behalf of the
Borrowers 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 except to the extent such reliance is deemed to be gross negligence or willful misconduct of the Administrative Agent, Collateral Agent, L/C Issuer or Lender in a final
non-appealable judgment of a court of competent jurisdiction. The Borrowers shall indemnify the Administrative Agent, the Collateral Agent, each 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 any Borrower to the extent required by Section 10.05. 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. 

Section 10.03 No Waiver; Cumulative Remedies; Enforcement. 

(a) No failure by any Lender, any L/C Issuer, the Administrative Agent or the Collateral 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 preclude any other or further
exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges provided hereunder and under each other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and
privileges provided by Law. 

  
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 (b) 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 or the Collateral Agent in accordance with Section 8.02 for the benefit of all the Lenders and the L/C Issuers; provided, however, that the foregoing shall not
prohibit (a) the Administrative Agent or the Collateral Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as the Administrative Agent or the Collateral Agent) hereunder and under
the other Loan Documents, (b) each L/C Issuer from exercising the rights and remedies that inure to its benefit (solely in its capacity as an L/C Issuer) hereunder and under the other Loan Documents, or (c) any Lender from exercising
setoff rights in accordance with Section 10.09 (subject to the terms of Section 2.13); 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) and (c) 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. In the event of a foreclosure by the Collateral Agent on any of the Collateral
pursuant to a public or private sale, the Administrative Agent, the Collateral Agent or any Lender (or any person nominated by them) may be the purchaser of any or all of such Collateral at any such sale and the Administrative Agent, as agent for
and representative of the Lenders (but not any Lender or Lenders in its or their respective individual capacities unless the Required Lenders shall otherwise agree in writing), shall be entitled, for the purpose of bidding and making settlement or
payment of the purchase price for all or any portion of the Collateral sold in any such public sale, to use and apply any of the Obligations as a credit on account of the purchase price for any Collateral payable by the Administrative Agent at such
sale. 
 Section 10.04 Expenses and Taxes. The Borrowers agree (a) to pay or reimburse the Administrative Agent and the
other Agents for all reasonable and out-of-pocket costs and expenses incurred in connection with the preparation, negotiation, syndication and execution of this Agreement and the other Loan Documents
(including reasonable expenses incurred in connection with due diligence and travel, courier, reproduction, printing and delivery expenses), and any amendment, waiver, consent or other modification of the provisions hereof and thereof, and the
consummation and administration of the transactions contemplated hereby and thereby, including the reasonable fees, disbursements and other charges of counsel (limited to the reasonable fees, disbursements and other charges of one primary counsel to
the Agents and, if necessary, one local counsel in each relevant jurisdiction (which may include a single special counsel acting in multiple jurisdictions) and special counsel for each relevant specialty, and (b) to pay or reimburse the
Administrative Agent, the other Agents and each Lender (including, for the avoidance of doubt, each L/C Issuer) for all reasonable documented out-of-pocket costs and expenses incurred in connection with the
enforcement of any rights or remedies under this Agreement or the other Loan Documents (including all such costs and expenses incurred during any legal proceeding, including, without duplication of Indemnified Taxes or Other Taxes paid or
indemnified pursuant to Sections 3.01 and 3.04, any proceeding under any Debtor Relief Law or in connection with any workout or restructuring and all documentary taxes associated with the Facilities), including the fees, disbursements and other
charges of counsel (limited to the reasonable fees, disbursements and other charges of one counsel to the Administrative Agent, the other Agents and the Lenders taken as a whole, and, if necessary, of one local counsel in each relevant jurisdiction
(which may include a single special counsel acting in multiple jurisdictions) and of special counsel for each relevant specialty and, in the event of any actual or perceived conflict of interest, one additional counsel in each relevant jurisdiction
for each Lender or group of similarly affected Lenders or Agents subject to such conflict after notification to the Borrowers), in each case without duplication for any amounts paid (or indemnified) under Section 3.01. The foregoing costs and
expenses shall include, without duplication of Indemnified Taxes or Other Taxes paid or indemnified pursuant to Sections 3.01 and 3.04, all reasonable search, filing, recording, title insurance and appraisal charges and fees and taxes related
thereto, and other out-of-pocket expenses incurred by any Agent. All amounts due under this Section 10.04 shall be paid within 30 days after invoiced or demand
therefor (with a reasonably detailed invoice with respect thereto) (except for any such costs and expenses incurred prior to the Closing Date, which shall be paid on the Closing Date to the extent invoiced at least 5 Business Days prior to the
Closing Date). The agreements in this Section 10.04 shall survive the termination of the Aggregate Commitments and repayment of all other Obligations. If any Loan Party fails to pay when due any costs, expenses or other amounts payable by it
hereunder or under any Loan Document, such amount may be paid on behalf of such Loan Party by the Administrative Agent after any applicable grace periods have expired, in its sole discretion and the Borrowers shall immediately reimburse the
Administrative Agent, as applicable. 

  
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 Section 10.05 Indemnification by the Borrowers. The Borrowers shall indemnify
and hold harmless each Arranger, each Agent-Related Person, each Lender, each L/C Issuer, each of their respective Affiliates and each partner, director, officer, employee, counsel, agent and representative of the foregoing and, in the case of any
funds, trustees and advisors and attorneys-in-fact (collectively, the “Indemnitees”) from and against (and will reimburse each Indemnitee, as and when incurred, for) any and all liabilities,
obligations, losses, damages, penalties, claims, demands, actions, judgments, suits, costs (including settlement costs), disbursements, and reasonable and documented or invoiced out-of-pocket fees and expenses
(including the fees, disbursements and other charges of (i) one counsel to the Indemnitees taken as a whole, (ii) in the case of an actual or perceived conflict of interest, where the Indemnitee affected by such conflict informs the
Borrowers of such conflict and thereafter retains its own counsel, of another firm of counsel for each such affected Indemnitee in each relevant jurisdiction, and (iii) if necessary, one local counsel in each jurisdiction material to the
interests of the Indemnitees (which may include a single special counsel acting in multiple jurisdictions) and special counsel for each relevant specialty) of any kind or nature whatsoever which may at any time be imposed on, incurred by or asserted
or awarded against any such Indemnitee in any way relating to or arising out of or in connection with or by reason of (x) any actual or prospective claim, litigation, investigation or proceeding in any way relating to, arising out of, in
connection with or by reason of any of the following, whether based on contract, tort or any other theory (including any investigation of, preparation for, or defense of any pending or threatened claim, investigation, litigation or proceeding): (a)
the execution, delivery, enforcement, performance or administration of any Loan Document or any other agreement, letter or instrument delivered in connection with the transactions contemplated thereby or the consummation of the transactions
contemplated thereby or (b) any Commitment, Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by any 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); provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such liabilities, obligations, losses, damages, penalties,
claims, demands, actions, judgments, suits, costs, disbursements, fees or expenses are determined by a court of competent jurisdiction in a final and non-appealable judgment to have resulted from (A) the
bad faith, gross negligence or willful misconduct of such Indemnitee or any of its Affiliates or controlling persons or any of the officers, directors, employees, agents, advisors, or members of any of the foregoing or (B) any dispute that is
among Indemnitees (other than any dispute involving claims against the Administrative Agent, any Arranger or any other Agent or any L/C Issuer, in each case in their respective capacities as such) that a court of competent jurisdiction has
determined in a final and non-appealable judgment did not involve actions or omissions of any direct or indirect parent or controlling person of the Borrowers or their Subsidiaries; or (y) any actual or
alleged presence or release of Hazardous Materials on or from any property currently or formerly owned or operated by Holdings or any of its Subsidiaries, or any Environmental Liability related in any way to Holdings or any of its Subsidiaries, ((x)
and (y), collectively, the “Indemnified Liabilities”) in all cases, whether or not caused by or arising, in whole or in part, out of the negligence of the Indemnitee regardless of whether such Indemnitee is a party thereto, and
whether or not such proceedings are brought by any Borrower, its equity holders, its Affiliates, creditors or any other third person. No Indemnitee shall be liable for any damages arising from the use by others of any information or other materials
obtained through the Platform or other information transmission systems (including electronic telecommunications) in connection with this Agreement unless determined by a court of competent jurisdiction in a final and
non-appealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of such Indemnitee, nor shall any Indemnitee or any Loan Party have any liability for any special, punitive,
indirect or consequential damages relating to this Agreement or any other Loan Document or arising out of its activities in connection herewith or therewith (whether before or after the Closing Date); provided that such waiver of special, punitive,
indirect or consequential damages shall not limit the indemnification obligations of the Loan Parties under this Section 10.05. In the case of an investigation, litigation or other proceeding to which the indemnity in this Section 10.05
applies, such indemnity shall be effective whether or not such investigation, litigation or proceeding is brought by any Loan Party, its directors, shareholders or creditors or an Indemnitee or any other Person, and whether or not any Indemnitee is
otherwise a party thereto. Should any investigation, litigation or proceeding be settled, or if there is a judgment in any such investigation, litigation or proceeding, the Borrowers shall indemnify and hold harmless each Indemnitee in the manner
set forth above; provided that the Borrowers shall not be liable for any settlement effected without the Borrowers’ prior written consent (such consent not to be unreasonably withheld, delayed or conditioned). All amounts due under this
Section 10.05 shall be payable within 30 days after demand therefor. The agreements in this Section 10.05 shall survive the resignation of the Administrative Agent, the replacement of any Lender, the termination of the Aggregate
Commitments and the repayment, satisfaction or discharge of all the other Obligations. 

  
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 Section 10.06 Payments Set Aside. To the extent that any payment by or on behalf
of any Borrower is made to any Agent, to any L/C Issuer or any Lender, or any Agent, any 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 such Agent, such 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 each 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 any 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 Issuers under
clause (b) of the preceding sentence shall survive the payment in full of the Obligations and the termination of this Agreement. 

Section 10.07 Successors and Assigns. 

(a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns permitted hereby, except that no Borrower may assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise
transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee (other than to any Disqualified Institution to the extent the list of Disqualified Institutions has been made available to the Lenders) in accordance with
the provisions of Section 10.07(b), (ii) by way of participation in accordance with the provisions of Section 10.07(d), (iii) by way of pledge or assignment of a security interest subject to the restrictions of Section 10.07(f) or
(iv) to an SPC in accordance with the provisions of Section 10.07(g) (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 Section 10.07(d) and, to the extent expressly contemplated hereby, the Indemnitees) any legal or
equitable right, remedy or claim under or by reason of this Agreement. 
 (b) Any Lender may at any time assign to one or more assignees all
or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment(s) and the Loans (including for purposes of this Section 10.07(b), participations in L/C Obligations) at the time owing to it);
provided that: 
 (i) (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment
under any Facility and the Loans at the time owing to it under such Facility, no minimum amount shall need be assigned, and (B) in any case not described in clause (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 outstanding principal 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 (or such lesser
amount as is acceptable to the Administrative Agent and the Borrowers), in the case of any assignment in respect of the Revolving Credit Facility, or $1,000,000 (or such lesser amount as is acceptable to the Administrative Agent and the Borrowers),
in the case of any assignment in respect of a Term Facility, in each case unless each of the Administrative Agent and, so long as no Event of Default under Section 8.01(a), (f) or (g) has occurred and is continuing, the Borrowers otherwise
consent (such consent not to be unreasonably withheld, conditioned or delayed); provided, however, that concurrent assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to a single
Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met; 

(ii) each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations
under this Agreement with respect to the Loans or the Commitment assigned, except that this clause (ii) shall not prohibit any Lender from assigning all or a portion of its rights and obligations among separate Facilities on a non-pro
rata basis; 

  
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 (iii) no consent shall be required for any assignment except to the extent required by
clause (b)(i)(B) of this Section and, in addition (A) the consent of the Borrowers (such consent not to be unreasonably withheld, conditioned or delayed) shall be required for any assignment unless (1) an Event of Default under
Section 8.01(a), (f) or (g) has occurred and is continuing at the time of such assignment, (2) such assignment is in respect of a Term Facility and is to a Lender, an Affiliate of a Lender or an Approved Fund (other than any
Disqualified Institution, to the extent the list of Disqualified Institutions has been made available to the Lenders) or (3) such assignment is in respect of the Revolving Credit Facility and is to a Revolving Credit Lender, an Affiliate of a
Revolving Credit Lender or an Approved Fund related thereto (other than any Disqualified Institution, to the extent the list of Disqualified Institutions has been made available to the Lenders); provided that (1) the Borrowers shall be
deemed to have consented to any assignment unless the Borrowers object thereto by written notice to the Administrative Agent within ten Business Days after having received notice thereof and (2) following the Closing Date, the Borrowers shall
be deemed to have consented to an assignment to any Lender if such Lender was previously identified and approved in the initial allocations of the Loans provided by the Arrangers to the Borrowers, (B) the consent of the Administrative Agent
(such consent not to be unreasonably withheld or delayed) shall be required for any assignment unless (1) such assignment is in respect of a Term Facility and to a Lender, an Affiliate of a Lender or an Approved Fund or (2) such assignment
is in respect of the Revolving Credit Facility and is to a Revolving Credit Lender, an Affiliate of a Revolving Credit Lender or an Approved Fund related thereto (provided that in each case the Administrative Agent shall acknowledge any such
assignment) and (C) the consent of each L/C Issuer (such consent not to be unreasonably withheld, conditioned or delayed) shall be required for any assignment in respect of the Revolving Credit Facility; provided, however, that
the consent of each L/C Issuer shall not be required for any assignment of a Term Loan; 
 (iv) the parties to each assignment shall execute
and deliver to the Administrative Agent an Assignment and Assumption via an electronic settlement system acceptable to the Administrative Agent (or, if previously agreed with the Administrative Agent, manually), together with a processing and
recordation fee of $3,500 (except, (y) in the case of contemporaneous assignments by any Lender to one or more Approved Funds, only a single processing and recording fee shall be payable for such assignments and (z) the Administrative
Agent, in its sole discretion, may elect to waive such processing and recording fee in the case of any assignment). Each Eligible Assignee that is not an existing Lender shall deliver to the Administrative Agent an Administrative Questionnaire; 

(v) no such assignment shall be made (A) to 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 subclause (A), (B) to any natural person, (C) to any Disqualified Institution, to the extent the list of Disqualified Institutions has been made available to the
Lenders, (D) to Holdings, the Borrowers or any its Subsidiaries except as permitted under clause (j) below or (E) to any Affiliate Lender except as permitted under Section 10.07(i); 

(vi) no Revolving Credit Commitments or Revolving Credit Loans may be assigned to any Affiliate Lender; 

(vii) the assigning Lender shall deliver any Notes or, in lieu thereof, a lost note affidavit and indemnity reasonably acceptable to the
Borrowers evidencing such Loans to the Borrowers or the Administrative Agent; and 
 (viii) 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 Borrowers 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 or any L/C Issuer or 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 in accordance with its Pro Rata Share; provided that 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 clause, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs.
Notwithstanding anything to the contrary, if Goldman Sachs Bank USA is a Lender, it may assign all or any portion of its Loans and Commitments to Goldman Sachs Lending Partners without consent or approval of any Borrower or any L/C Issuer. 

  
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 Subject to acceptance and recording thereof by the Administrative Agent pursuant to
Section 10.07(c), from and after the effective date specified in each Assignment and Assumption, the Eligible 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, 10.04 and 10.05 with respect to facts and circumstances occurring prior to the effective date of such assignment, and subject to the obligations set forth in Section 10.08). Upon request, and the surrender by the assigning Lender of its
Note, each 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 (other than any purported assignment or transfer to a Disqualified
Institution, to the extent the list of Disqualified Institutions has been made available to the Lenders) that does not comply with this clause (b) 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 Section 10.07(d). 
 (c) The Administrative Agent, acting solely for this purpose as a
non-fiduciary agent of the Borrowers (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 and a register in which it shall record the names
and addresses of the Lenders, and the Commitments of, and principal amounts (and related interest amounts) of the Loans, L/C Obligations (specifying the Unreimbursed Amounts), L/C Borrowings and amounts due under Section 2.03, 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 Borrowers, the Agents 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, notwithstanding notice to the contrary. In addition, the Administrative Agent shall maintain on the Register information regarding the
designation, and revocation of designation, of any Lender as Defaulting Lender. The Register shall be available for inspection by the Borrowers, any Agent and any Lender, at any reasonable time and from time to time upon reasonable prior notice.
This Section 10.07(c) and Section 2.11 shall be construed so that all Loans are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code and any related Treasury
regulations (or any other relevant or successor provisions of the Code or of such Treasury regulations). 
 (d) Any Lender may at any time,
without the consent of, or notice to, the Borrowers, the Administrative Agent or the L/C Issuers, sell participations to any Person (other than a natural person, an Affiliate Lender (other than a Debt Fund Affiliate), a Person that the
Administrative Agent has identified in a notice to the Lenders as a Defaulting Lender or a Disqualified Institution, to the extent the list of Disqualified Institutions has been made available to the Lenders) (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) 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 Borrowers, the
Agents and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. 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 the other Loan Documents and to approve any amendment, modification or waiver of any provision of this Agreement or any other Loan Document;
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 the first proviso to Section 10.01 that directly
affects such Participant. Subject to Section 10.07(e), the Borrowers agree that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 (subject to the requirements and the limitations of such Sections (it being
understood that the documentation required under Section 3.01(g) shall be delivered to the participating Lender) and Section 3.08) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section
10.07(b). To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 10.09 as though it were a Lender; provided such Participant agrees to be subject to Section 2.13 as though it were a
Lender. 

  
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 (e) A Participant shall not be entitled to receive any greater payment under
Section 3.01, 3.04 or 3.05 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, except to the extent that a Participant’s right to a greater payment results from a
change in any Law after the Participant becomes a Participant. 
 (f) 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) (other than to a Disqualified Institution, to the extent the list of Disqualified Institutions has been made available to the Lenders, or a natural person) to
secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or any central bank having jurisdiction over such Lender; 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. 
 (g)
Notwithstanding anything to the contrary herein, any Lender (a “Granting Lender”) may grant to a special purpose funding vehicle identified as such in writing from time to time by the Granting Lender to the Administrative Agent and
the Borrowers (an “SPC”) the option to provide all or any part of any Loan that such Granting Lender would otherwise be obligated to make pursuant to this Agreement; provided that (i) nothing herein shall constitute a
commitment by any SPC to fund any Loan, and (ii) if an SPC elects not to exercise such option or otherwise fails to make all or any part of such Loan, the Granting Lender shall be obligated to make such Loan pursuant to the terms hereof or, if
it fails to do so, to make such payment to the Administrative Agent as is required under Section 2.12(b)(ii). Each party hereto hereby agrees that an SPC shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 (subject to the
requirements and the limitations of such Sections and Section 3.08); provided that neither the grant to any SPC nor the exercise by any SPC of such option shall increase the costs or expenses or otherwise increase or change the
obligations of the Borrowers under this Agreement (including under Section 3.01, 3.04 or 3.05), except to the extent that the SPC’s right to a greater payment results from a change in any Law after the grant to the SPC takes place. Each
party hereto further agrees that (i) no SPC shall be liable for any indemnity or similar payment obligation under this Agreement for which a Lender would be liable, and (ii) the Granting Lender shall for all purposes, including the
approval of any amendment, waiver or other modification of any provision of any Loan Document, remain the Lender of record hereunder. Other than as expressly provided in this Section 10.07(g), (A) such Granting Lender’s obligations under
this Agreement shall remain unchanged, (B) such Granting Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (C) the Borrowers, the Agents and the other Lenders shall continue to
deal solely and directly with such Granting Lender in connection with such Granting Lender’s rights and obligations under this Agreement. The making of a Loan by an SPC hereunder shall utilize the Commitment of the Granting Lender to the same
extent, and as if, such Loan were made by such Granting Lender. In furtherance of the foregoing, each party hereto hereby agrees (which agreement shall survive the termination of this Agreement) that, prior to the date that is one year and one day
after the payment in full of all outstanding commercial paper or other senior debt of any SPC, it will not, other than in respect of matters unrelated to this Agreement or the transactions contemplated hereby, institute against, or join any other
Person in instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency, or liquidation proceeding under the laws of the United States or any State thereof. Notwithstanding anything to the contrary contained herein, any SPC
may (i) with notice to, but without prior consent of the Borrowers and the Administrative Agent and with the payment of a processing fee of $3,500, assign all or any portion of its rights hereunder with respect to any Loan to the Granting
Lender and (ii) subject to Section 10.08, disclose on a confidential basis any non-public information relating to its funding of Loans to any rating agency, commercial paper dealer or provider of any
surety or Guarantee or credit or liquidity enhancement to such SPC. 
 (h) Notwithstanding anything to the contrary herein, any Lender that
is a Fund may create a security interest in all or any portion of the Loans owing to it and the Note, if any, held by it to the trustee for holders of obligations owed, or securities issued, by such Fund as security for such obligations or
securities; provided that unless and until such trustee actually becomes a Lender in compliance with the other provisions of this Section 10.07, (i) no such pledge shall release the pledging Lender from any of its obligations under the
Loan Documents, and (ii) such trustee shall not be entitled to exercise any of the rights of a Lender under the Loan Documents even though such trustee may have acquired ownership rights with respect to the pledged interest through foreclosure
or otherwise. 

  
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 (i) Notwithstanding anything to the contrary herein, any Lender may assign all or any
portion of its Term Loans, Specified Refinancing Term Loans and New Term Loans hereunder to any Other Affiliate (including any Debt Fund Affiliate), but only if: 

(i) the assigning Lender and Other Affiliate purchasing such Lender’s Term Loans, Specified Refinancing Term Loans or New Term Loans, as
applicable, shall execute and deliver to the Administrative Agent an assignment agreement substantially in the form of Exhibit E-2 hereto (an “Affiliate Lender Assignment and Assumption”) in
lieu of an Assignment and Assumption; 
 (ii) after giving effect to such assignment, Other Affiliates (other than Debt Fund Affiliates)
shall not, in the aggregate, own or hold Term Loans, Specified Refinancing Term Loans and New Term Loans with an aggregate principal amount in excess of 25% of the principal amount of all Term Loans then outstanding (calculated as of the date of
such purchase); and 
 (iii) such Other Affiliate (other than Debt Fund Affiliates) shall (A) at the time of such assignment affirm the
No Undisclosed Information Statement and (B) all times thereafter be subject to the voting restrictions specified in Section 10.01. 

In connection with each assignment pursuant to this Section 10.07(i), each Lender acknowledges and agrees that in connection therewith, if
the representation set forth in the definition of “No Undisclosed Information Statement” cannot be made pursuant to clause (i) thereof and such Person alternatively makes a statement pursuant to clause (ii) of the definition of
“No Undisclosed Information Statement” (1) the Other Affiliates may have, and later may come into possession of, information regarding the Borrowers, the Sponsors, and/or their respective affiliates not known to such Lender and that may be
material to a decision by such Lender to participate in such assignment (including material non-public information) (“Excluded Information”), (2) such Lender, independently and, without
reliance on the Other Affiliates, the Borrowers, any of its Subsidiaries, the Administrative Agent or any of their respective Affiliates, has made its own analysis and determination to participate in such assignment notwithstanding such
Lender’s lack of knowledge of the Excluded Information and (3) none of the Other Affiliates, the Borrowers, any of its Subsidiaries, the Administrative Agent or any of their respective Affiliates shall have any liability to such Lender,
and such Lender hereby waives and releases, to the extent permitted by law, any claims such Lender may have against Other Affiliates, the Borrowers, any of its Subsidiaries, the Administrative Agent or any of their respective Affiliates, under
applicable laws or otherwise, with respect to the nondisclosure of the Excluded Information. 
 (j) Notwithstanding anything to the contrary
herein, so long as no Default or Event of Default pursuant to Sections 8.01(a), (f) or (g) exists, any Lender may assign all or any portion of its Term Loans, Specified Refinancing Term Loans and New Term Loans hereunder to Holdings or any of
its Subsidiaries, but only if: 
 (i) (A) such assignment is made pursuant to a Dutch Auction open to all Term Lenders, Specified
Refinancing Term Loan lenders or New Term Loan lenders on a pro rata basis or (B) such assignment is made as an open market purchase; 

(ii) Holdings or its Subsidiary, as applicable, shall at the time of such assignment affirm the No Undisclosed Information Statement; 

(iii) any such Term Loans shall be automatically and permanently cancelled immediately upon acquisition thereof by Holdings or any of its
Subsidiaries; and 
 (iv) Holdings and its Subsidiaries do not use the proceeds of the Revolving Credit Facility (whether or not the
Revolving Credit Facility has been increased pursuant to Section 2.14 or refinanced pursuant to Section 2.18) to acquire such Term Loan. 

(k) Notwithstanding anything to the contrary herein, (i) Affiliate Lenders (other than Debt Fund Affiliates) shall not have any right to
attend (including by telephone) any meeting or discussions (or portion thereof) among the Administrative Agent or any other Lender to which representatives of the Borrowers are not then present, 

  
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 (ii) Affiliate Lenders (other than Debt Fund Affiliates) shall not have any right to receive any information
or material prepared by the Administrative Agent or any other Lender or any communication by or among the Administrative Agent and one or more other Lenders, except to the extent such information or materials have been made available to the
Borrowers or their representatives, (iii) no assignments in respect of the Revolving Credit Facility may be made to the Sponsors or any Affiliate of the Sponsors and (iv) neither the Sponsors nor any Affiliate of the Sponsors (other than
Debt Fund Affiliates) may be entitled to receive advice of counsel to the Agents or other Lenders and none of them shall challenge any assertion of attorney-client privilege by any Agent or other Lender. 

(l) Notwithstanding anything to the contrary herein, any L/C Issuer may, upon 30 days’ notice to the Borrowers and the Lenders, resign as
L/C Issuer; provided that on or prior to the expiration of such 30-day period with respect to such resignation, the relevant L/C Issuer shall have identified a successor L/C Issuer willing to accept its
appointment as successor L/C Issuer, and the effectiveness of such resignation shall be conditioned upon such successor assuming the rights and duties of the L/C Issuer. If an L/C Issuer resigns as L/C Issuer, it shall retain all the rights and
obligations of an 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(d)). Upon the appointment of a successor L/C Issuer, (A) such successor shall succeed to and become vested with all of the rights, powers, privileges
and duties of the retiring L/C Issuer, and (B) 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 the
retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect to such Letters of Credit. 
 (m) The
applicable Lender, acting solely for this purpose as a non-fiduciary agent of the Borrowers (solely for tax purposes), shall maintain a register on which it enters the name and address of (i) each SPC
(other than any SPC that is treated as a disregarded entity of the Granting Lender for U.S. federal income tax purposes) that has exercised its option pursuant to Section 10.07(g) and (ii) each Participant, and the amount of each such
SPC’s and Participant’s interest in such Lender’s rights and/or obligations under this Agreement complying with the requirements of Sections 163(f), 871(h) and 881(c)(2) of the Code and the United States Treasury Regulations (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 in connection with a Tax audit or other proceeding 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 the Borrowers and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of the applicable rights and/or obligations of such Lender under this Agreement, notwithstanding notice to the contrary.

 (n) In the event that a transfer by any of the Secured Parties of its rights and/or obligations under this Agreement (and/or any relevant
Loan Document) occurred or was deemed to occur by way of novation, the Borrowers and any other Loan Parties explicitly agree that all securities and guarantees created under any Loan Documents shall be preserved for the benefit of the new Lender and
the other Secured Parties. 
 (o) Notwithstanding anything to the contrary, Credit Suisse may assign its rights and obligations in respect of
the Initial Term Loans in connection with the initial syndication thereof to certain investors that are lenders under the Existing Credit Agreement pursuant to an agreement in form and substance acceptable to Credit Suisse and the Borrowers.
Following the execution and delivery of any such agreement by any applicable investor and the acceptance thereof by the Administrative Agent, such investor shall become a Term Lender hereunder and be a party to this Agreement as of the date of such
agreement and the assignments effected thereunder shall be effective for all purposes hereunder, in each case to the same extent and as if such investor had duly executed and delivered an Assignment and Assumption. 

Section 10.08 Confidentiality. Each of the Agents and the Lenders agrees to maintain the confidentiality of the Information,
except that Information may be disclosed (a) to its Affiliates and to its and its Affiliate’s respective partners, directors, officers, employees, trustees, representatives and agents, including accountants, legal counsel and other
advisors and service providers on a need to know basis (it being understood that 

  
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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 in accordance with customary
practices); (b) to the extent requested by any regulatory authority having jurisdiction over such Agent, Lender or its respective Affiliates or in connection with any pledge or assignment permitted under Section 10.07(f); (c) in any legal,
judicial, administrative proceeding or other compulsory process or otherwise as required by applicable Laws or regulations or by any subpoena or similar legal process, in each case based upon the reasonable advice of the disclosing Agent’s or
Lender’s legal counsel (in which case the disclosing Agent or Lender, as applicable, agrees (except with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority exercising examination or
regulatory authority), to the extent not prohibited by applicable Law, to promptly notify the Borrowers after disclosure); (d) to any other party to this Agreement; (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 (or at least as
restrictive) as those of this Section 10.08 (or as may otherwise be reasonably acceptable to the Borrowers), to any Eligible Assignee of or Participant in, or any prospective Eligible Assignee of or Participant in, any of its rights or
obligations under this Agreement; provided, that no such disclosure shall be made by such Lender or such Agent or any of their respective Affiliates to any such Person that is a Disqualified Institution (but with respect to any Lender and its
Affiliates, only to the extent the list of Disqualified Institutions has been made available to such Lender); (g) with the written consent of Holdings; (h) to the extent such Information becomes publicly available other than as a result of a
breach of this Section 10.08; (i) to any state, federal or foreign authority or examiner (including the National Association of Insurance Commissioners or any other similar organization) regulating any Lender; (j) to any rating agency when
required by it (it being understood that, prior to any such disclosure, such rating agency shall undertake to preserve the confidentiality of any Information relating to the Loan Parties received by it from such Lender); or (k) to any
contractual counterparty in any swap, hedge, or similar agreement or to any such contractual counterparty’s professional advisor (other than a Disqualified Institution (but with respect to any Lender, only to the extent the list of Disqualified
Institutions has been made available to such Lender)). In addition, the Agents 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 Agents and the Lenders in connection with the administration and management of this Agreement, the other Loan Documents, the Commitments, and the Credit Extensions; provided that such Person is advised and
agrees to be bound by the provisions of this Section 10.08. 
 For the purposes of this Section 10.08,
“Information” means all information received from any Loan Party or any Subsidiary thereof relating to any Loan Party or any Subsidiary thereof or their respective businesses, other than any such information that is publicly
available to any Agent or any Lender prior to disclosure by any Loan Party other than as a result of a breach of this Section 10.08 by such Lender or Agent. Any Person required to maintain the confidentiality of Information as provided in this
Section 10.08 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 each L/C Issuer acknowledges that (i) the Information may include
material non-public information concerning Holdings or any of its Subsidiaries, (ii) it has developed compliance procedures regarding the use of material non-public information and (iii) it will handle such material non-public information in accordance with applicable Law, including United States federal and state securities Laws. 

Section 10.09 Setoff. In addition to any rights and remedies of the Lenders provided by Law, upon the occurrence and during the
continuance of any Event of Default, each Secured Party is authorized at any time and from time to time, after obtaining the prior written consent of the Administrative Agent, without prior notice to the Borrowers or any other Loan Party, any such
notice being waived by each Borrower (on its own behalf and on behalf of each Loan Party) to the fullest extent permitted by Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in any currency),
other than deposits in fiduciary accounts as to which a Loan Party is acting as fiduciary for another Person who is not a Loan Party and other than payroll or trust fund accounts, at any time held by, and other Indebtedness (in any currency) at any
time owing by, such Lender to or for the credit or the account of the respective Loan Parties against any and all Obligations owing to such Secured Party hereunder or under any other Loan Document (or other Secured Agreement (as defined in the
Security Agreement)), now or hereafter existing, irrespective of whether or not such Agent or such Lender shall have made 

  
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demand under this Agreement or any other Loan Document (or other Secured Agreement (as defined in the Security Agreement)) and although such Obligations may be contingent or unmatured or
denominated in a currency different from that of the applicable deposit or Indebtedness or are owed to a branch or office of such Lender different from the branch or office 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 2.17 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 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. Each Secured Party agrees promptly to notify the Borrowers and the Administrative Agent
after any such set-off and application made by such Secured Party; provided, however, that the failure to give such notice shall not affect the validity of such setoff and application. The rights of the Administrative Agent and each Secured Party
under this Section 10.09 are in addition to other rights and remedies (including other rights of setoff) that the Administrative Agent and such Secured Party may have. Notwithstanding anything herein or in any other Loan Document to the
contrary, in no event shall the assets of any Controlled Foreign Subsidiary or FSHCO constitute security for, or shall the proceeds of such assets be available for, payment of the Obligations of the Borrowers, it being understood that (a) the
Capital Stock of any Controlled Foreign Subsidiary or FSHCO that is directly owned by a Borrower or a Domestic Subsidiary of a Borrower does not constitute such an asset, and may be pledged, to the extent set forth in Section 6.12 and
(b) the provisions hereof shall not limit, reduce or otherwise diminish in any respect the Borrowers’ obligations to make any mandatory prepayment pursuant to Section 2.05(b)(ii). 

Section 10.10 Interest Rate Limitation. Notwithstanding anything to the contrary 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 any 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 any Borrower. In determining whether the interest contracted for, charged,
or received by an 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. 

Section 10.11 Counterparts. This Agreement and each other Loan Document may be executed in one or more counterparts (and by
different parties hereto in different counterparts), each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by telecopier or other electronic transmission of an executed
counterpart of a signature page to this Agreement and each other Loan Document shall be effective as delivery of an original executed counterpart of this Agreement and such other Loan Document. The Agents may also require that any such documents and
signatures delivered by telecopier or other electronic transmission be confirmed by a manually-signed original thereof; provided that the failure to request or deliver the same shall not limit the effectiveness of any document or signature delivered
by telecopier or other electronic transmission. 
 Section 10.12 Integration; Effectiveness. This Agreement and the other Loan
Documents, and those provisions of the Engagement Letter and the fee letter referred to therein that, by its terms, survive the termination or expiration of the Engagement Letter or the Closing Date, 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. It is expressly agreed and confirmed by the parties hereto that the provisions of said
fee letter shall survive the execution and delivery of this Agreement, the occurrence of the Closing Date, and shall continue in effect thereafter in accordance with their terms. In the event of any conflict between the provisions of this Agreement
and those of any other Loan Document, the provisions of this Agreement shall control; provided that the inclusion of supplemental rights or remedies in favor of the Agents or the Lenders in any other Loan Document shall not be deemed a conflict with
this Agreement. Each Loan Document was drafted with the joint participation of the respective parties thereto and shall be construed neither against nor in favor of any party, but rather in accordance with the fair meaning thereof. Except as
provided in Section 4.01 or Section 4.02, 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 as of the date hereof. 

  
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 Section 10.13 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 each Agent and each Lender, regardless of any investigation made by any Agent or any Lender or on their behalf and notwithstanding that any 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 (other than contingent indemnification or other obligations and obligations and liabilities under Secured Cash
Management Agreements and Secured Hedge Agreements) hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding (other than Letters of Credit which have been Cash Collateralized). 

Section 10.14 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 10.14, 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 then such provisions shall be deemed to be in effect only to the extent not so limited. 

Section 10.15 Governing Law; Jurisdiction; Etc. 

(a) Governing Law. THIS AGREEMENT AND EACH OTHER LOAN DOCUMENT (OTHER THAN WITH RESPECT TO ANY COLLATERAL DOCUMENTS TO THE EXTENT
EXPRESSLY PROVIDED OTHERWISE THEREIN) SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL
OBLIGATIONS LAW. 
 (b) Submission to Jurisdiction. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS
PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK CITY IN THE BOROUGH OF MANHATTAN AND OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK SITTING IN THE BOROUGH OF MANHATTAN,
AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT (OTHER THAN WITH RESPECT TO ANY COLLATERAL DOCUMENT TO THE EXTENT EXPRESSLY PROVIDED OTHERWISE THEREIN), OR
FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION 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 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 AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, THE COLLATERAL AGENT, ANY LENDER OR ANY L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

  
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 (c) Waiver of Venue. EACH PARTY HERETO 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 CLAUSE
(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. 

Section 10.16 Service of Process. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES
IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

Section 10.17 Waiver of Right to Trial by Jury. EACH PARTY TO THIS AGREEMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF
ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO ANY LOAN DOCUMENT, OR THE TRANSACTIONS RELATED
THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL
WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 10.17 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 

Section 10.18 Binding Effect. When this Agreement shall have become effective in accordance with Section 10.12, it shall
thereafter shall be binding upon and inure to the benefit of Holdings, the Borrowers, each Agent and each Lender and their respective successors and permitted assigns, except that no Borrower shall have the right to assign its rights hereunder or
any interest herein without the prior written consent of the Lenders, except as permitted by Section 7.03. 
 Section 10.19 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 Borrower and
Holdings acknowledges and agrees, and each of them acknowledges and agrees that it has informed its other Affiliates, that: (i) (A) no fiduciary, advisory or agency relationship between any of Holdings and its Subsidiaries and any Agent or any
Arranger is intended to be or has been created in respect of any of the transactions contemplated hereby and by the other Loan Documents, irrespective of whether any Agent or any Arranger has advised or is advising Holdings and its Subsidiaries on
other matters, (B) the arranging and other services regarding this Agreement provided by the Agents and the Arrangers are arm’s-length commercial transactions between Holdings and its Subsidiaries, on the one hand, and the Agents and the
Arrangers, on the other hand, (C) each Borrower and Holdings has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (D) each Borrower and Holdings 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) each Agent and Arranger is and has been acting solely as a principal and, except as may otherwise be
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 Holdings or the Borrowers or any of their respective Affiliates, or any other Person and (B) neither any
Agent nor any Arranger has any obligation to Holdings or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (iii) the Agents and
the Arrangers and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of Holdings, the Borrowers and their respective Affiliates, and neither any Agent nor any Arranger has any
obligation to disclose any of such interests and transactions to Holdings, the Borrowers or their respective Affiliates. To the fullest extent permitted by law, each Borrower and Holdings hereby waives and releases any claims that it may have
against the Agents, the Arrangers, and the Lenders with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 

  
 172 

 Section 10.20 Affiliate Activities. Each Borrower and Holdings acknowledge that
each Agent and each Arranger (and their respective Affiliates) is a full service securities firm engaged, either directly or through affiliates, in various activities, including securities trading, investment banking and financial advisory,
investment management, principal investment, hedging, financing and brokerage activities and financial planning and benefits counseling for both companies and individuals. In the ordinary course of these activities, any of them may make or hold a
broad array of investments and actively trade debt and equity securities (or related derivative securities) and/or financial instruments (including bank loans) for their own account and for the accounts of customers and may at any time hold long and
short positions in such securities and/or instruments. Such investment and other activities may involve securities and instruments of Holdings and its Affiliates, as well as of other entities and persons and their Affiliates which may (i) be
involved in transactions arising from or relating to the engagement contemplated hereby and by the other Loan documents, (ii) be customers or competitors of Holdings and its Affiliates or (iii) have other relationships with Holdings and
its Affiliates. In addition, it may provide investment banking, underwriting and financial advisory services to such other entities and persons. It may also co-invest with, make direct investments in, and invest or co-invest client monies in or with
funds or other investment vehicles managed by other parties, and such funds or other investment vehicles may trade or make investments in securities of Holdings and its Affiliates or such other entities. The transactions contemplated hereby and by
the other Loan Documents may have a direct or indirect impact on the investments, securities or instruments referred to in this clause. 

Section 10.21 Electronic Execution of Assignments and Certain Other Documents. The words “execution,”
“signed,” “signature,” and words of like import in any Assignment and Assumption or in any amendment or other modification hereof (including waivers and consents) shall be deemed to include electronic signatures 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 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. 
 Section 10.22 USA PATRIOT Act. Each Lender that is subject to the PATRIOT Act 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, as amended from time to time)) (the “PATRIOT Act”), it is required to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information
that will allow such Lender or the Administrative Agent, as applicable, to identify each Loan Party in accordance with the PATRIOT Act. Each Loan Party 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
PATRIOT Act. 
 Section 10.23 Judgment Currency. If, for the purposes of obtaining judgment in any court, it is necessary to
convert a sum due hereunder or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency
with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the Borrowers in respect of any such sum due from it to the Administrative Agent or the Lenders hereunder or under the other Loan
Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be
discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the
Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from the Borrowers in the Agreement Currency, the Borrowers agree, as a separate
obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or the Person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to
the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any excess to the Borrowers (or to any other Person who may be entitled thereto under applicable Law). 

  
 173 

 Section 10.24 Joint and Several Liability. Each Borrower agrees that it is
jointly and severally liable for the obligations of the other Borrower hereunder, including with respect to the payment of principal of and interest on all Loans and the payment of fees and indemnities and reimbursement of costs and expenses. 

[REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] 

  
 174 

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

					
	JAGUAR HOLDING COMPANY II,
	as Parent Borrower
		
	By:	 	 /s/ B. Judd Hartman

		 	Name:	 	B. Judd Hartman
		 	Title:	 	General Counsel and Secretary
	
	PHARMACEUTICAL PRODUCT
	DEVELOPMENT, LLC,
	as Subsidiary Borrower
		
	By:	 	 /s/ B. Judd Hartman

		 	Name:	 	B. Judd Hartman
		 	Title:	 	General Counsel and Secretary
	
	JAGUAR HOLDING COMPANY I, as Holdings
		
	By:	 	 /s/ B. Judd Hartman

		 	Name: B. Judd Hartman
		 	Title:	 	General Counsel and Secretary

 [Signature Page to Credit Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent, an L/C Issuer and Lender
		
	By:	 	 /s/ Nupur Kumar

		 	Name : Nupur Kumar
		 	Title:   Authorized Signatory
		
	By:	 	 /s/ Whitney Gaston

		 	Name: Whitney Gaston
		 	Title:   Authorized Signatory

 [Signature Page to Credit Agreement] 

  
 2 

 
					
	JPMORGAN CHASE BANK, N.A., as an L/C Issuer and Revolving Credit Lender
		
	By:	 	 /s/ Vanessa Chiu

		 	Name:	 	Vanessa Chiu
		 	Title:	 	Executive Director

 [Signature Page to Credit Agreement] 

  
 3 

 
			
	GOLDMAN SACHS BANK USA, as an L/C Issuer and Revolving Credit Lender
		
	By:	 	 /s/ Anna Ashurov

		 	Name: Anna Ashurov
		 	Title:   Authorized Signatory

 [Signature Page to Credit Agreement] 

  
 4 

 
			
	UBS AG, STAMFORD BRANCH, as an L/C Issuer and Revolving Credit Lender
		
	By:	 	 /s/ Darlene Arias

		 	Name: Darlene Arias
		 	Title:   Director
		
	By:	 	 /s/ Kenneth Chin

		 	Name: Kenneth Chin
		 	 Title:   Director

            Banking Products Services, US

 [Signature Page to Credit Agreement] 

  
 5 

 
					
	DEUTSCHE BANK AG NEW YORK BRANCH, as an L/C Issuer and Revolving Credit Lender
		
	By:	 	 /s/ Michael Winters

		 		 	Name: Michael Winters
		 	Title: Vice President
		
	By:	 	 /s/ Peter Cucchiara

		 	Name: Peter Cucchiara
		 	Title: Vice President

 [Signature Page to Credit Agreement] 

  
 7 

 
			
	MORGAN STANLEY SENIOR FUNDING, INC., as an L/C Issuer and Revolving Credit Lender
		
	By:	 	 /s/ Robbie Pearson

		 	Name: Robbie Pearson
		 	Title:   Authorized Signatory

 [Signature Page to Credit Agreement] 

  
 8 

 
			
	BARCLAYS BANK PLC, as an L/C Issuer and Revolving Credit Lender
		
	By:	 	 /s/ Christopher R. Lee

		 	Name: Christopher R. Lee
		 	Title:   Vice President

 [Signature Page to Credit Agreement] 

  
 9 

 
					
	MALAYAN BANKING BERHAD, NEW YORK BRANCH, as a Revolving Credit Lender and Documentation Agent
		
	By:	 	 /s/ P.C. Kim

		 	Name:	 	P.C. Kim
		 	Title:	 	 Deputy General Managar
 VP Operations &
Services
 Malayan Banking Berhad
 New York Branch

 [Signature Page to Credit Agreement] 

  
 10 

 Schedule 1 

to the Credit Agreement 

Guarantors 
 Acurian, Inc. 

Applied Bioscience International, LLC 
 ATP, LLC 

Clinical Research Advantage, Inc. 
 CNS Research Science, Inc.

 CRA Intermediate Holdings, Inc. 
 Innova Holdings, Inc. 

Jaguar Cayman Finance Limited 
 Pharmaco Investments, Inc. 

PPD AERONAUTICS, LLC 
 PPD Development, L.P. 

PPD Global Central Labs, LLC 
 PPD GP, LLC 

PPD Holdings, LLC 
 PPD Investigator Services, LLC 

PPD Services, Inc. 
 PPD Vaccines and Biologics, LLC 

Radiant Research, Inc. 
 River Ventures, LLC 

WILDCAT ACQUISITION HOLDINGS (UK) LIMITED 
 X-Chem, Inc. 

 Schedule 1.01(a) 

to the Credit Agreement 

Adjustments to Consolidated EBITDA 

Jaguar Holding Company II and Pharmaceutical Product Development, LLC 

LTM March 31, 2015 
  

 

					
	 (Dollars in thousands)
	  	Twelve
months ended
March 31,
2015	 
	 Net (loss) income attributable to stockholders
	  	$	 86,324	 
	 Interest expense, net
	  	 	131,138	 
	 (Benefit) provision for Income taxes
	  	 	30,832	 
	 Depreciation and amortization
	  	 	249,209	 
	 EBITDA
	  	$	497,503	 
	 Compensation expense(a)
	  	 	36,180	 
	 EBITDA of Discontinued Operations(b)
	  	 	21,299	 
	 Foreign exchange gain (loss)(c)
	  	 	(32,929	) 
	 Gain (loss) on sale of P&E
	  	 	—  	 
	 Impairments(d)
	  	 	851	 
	 Loss on extinguishment of debt
	  	 	—  	 
	 Loss on sale of business
	  	 	—  	 
	 Management fees(e)
	  	 	2,357	 
	 Other(f)
	  	 	10,434	 
	 Restructuring(g)
	  	 	11,166	 
	 Transaction costs(h)
	  	 	7,820	 
	 Unrealized gain (loss) on investments(i)
	  	 	(67,676	) 
	 Discovery business(j)
	  	 	3,358	 
	 Adjusted EBITDA
	  	$	490,363	 
	 Acquired EBITDA(k)
	  	 	12,000	 
	 Cost Savings(l)
	  	 	21,500	 
	 Pro Forma Adjusted EBITDA
	  	 	523,863	 

  

	(a)	 Reflects adjustments to eliminate the compensation expense we incurred under the Parent 2011 Equity Incentive
Plan and the incremental stock-based compensation expense we recorded in connection with the October 2012 and July 2014 modifications of our equity awards. During October 2012 and July 2014, Parent paid dividends to all stockholders and made related
payments to holders of vested service-based options. The decision to provide cash payments to option holders to prevent the stockholder dividend from being dilutive to such option holders represented a
modification of the options. 

	(b)	 Reflects an adjustment to add-back the negative EBITDA generated from our BioDuro LLC business, which we have
presented as discontinued operations. 

	(c)	 Reflects an adjustment to eliminate our net foreign currency losses (gains) arising from our contracts in
foreign countries denominated in U.S. dollars as well as the settlement of third-party accounts receivable and payables denominated in a currency other than the local currency of the entity making the payment. 

	(d)	 Reflects adjustments to eliminate impairments of our historical goodwill, long-lived assets and investments.

	(e)	 Reflects an adjustment to eliminate fees paid to our Sponsors. We have historically paid management fees to
affiliates of our Sponsors. Pursuant to a consulting services agreement we entered into with our Sponsors, subject to certain conditions, we pay an annual management fee to our Sponsors of 0.5% of the preceding year’s EBITDA (as calculated in
the agreements), calculated annually and payable on a quarterly basis. 

	(f)	 Reflects an adjustment to eliminate charges incurred that are not considered part of our core operating
results. 

	(g)	 Reflects an adjustment to eliminate costs associated with exit and disposal activities which primarily include
costs for employee termination benefits and contract termination costs as well as exit costs related to facilities and/or locations we strategically exited. 

	(h)	 Reflects an adjustment to eliminate expenses incurred in connection with the Transactions and non-recurring
transaction fees and changes in deferred rent related to the Transactions. 

	(i)	 Reflects an adjustment to eliminate net gains and losses from our equity and fair value method investments.

	(j)	 Reflects the addback related to EBITDA losses in our X-Chem, Inc. and X-Rx, Inc. pre-clinical discovery
businesses as a result of current strategic initiatives that will eliminate loss-generating activities. 

	(k)	 We closed the acquisition of Radiant in May 2015. Accordingly, Radiant’s financial contribution is not
included in our historical financial results. This adjustment represents Radiant’s adjusted EBITDA for the twelve months ended March 31, 2015, inclusive of $0.3 million of cost synergies that were achieved immediately upon consummation of
the acquisition. 

	(l)	 Reflects cost savings we expect to realize from the following initiatives we began in late 2014: (i) the
implementation of a new clinical trial monitoring methodology and (ii) the use of a shared service center for selected back-office support functions. 

 Schedule 1.01(e) 

to the Credit Agreement 

Contracts Prohibiting Subsidiary Guarantees 

None. 

 Schedule 1.01(k) 

to the Credit Agreement 

Existing Letters of Credit 
  

																			
	Issuing Bank	 	No.	 	Issue Date	 	Expiration
Date	 	Entity	 	Beneficiary	 	Original
Face
Amount	 	 	Current
Face
Amount	 
	 Credit Suisse AG
	 	TS- 07006568	 	09/19/12	 	9/19/16	 	Pharmaceutical Product Development, LLC	 	Chubb & Son, a division of Federal Insurance Company	 	$	1,800,000	 	 	$	1,000,000	1 
	 Credit Suisse AG
	 	TS- 07006479	 	06/15/2013	 	7/12/16	 	Pharmaceutical Product Development, LLC	 	American Casualty Company of Pennsylvania and/or Transportation Insurance Company	 	$	150,000	 	 	$	300,000	2 

  

	1 	 Original amount was $1,800,000, which was reduced to $1,000,000 by amendment dated March 13, 2015.

	2 	 Original amount was $150,000, which was increased to $300,000 by amendment dated June 25, 2013.

 Schedule 2.01 

to the Credit Agreement 

Commitments and Pro Rata Shares 

Initial Term Commitment 
  

									
	 Term Lender
	  	Initial Term Commitment	 	  	Pro Rata Share of Facility	 
	 Credit Suisse AG, Cayman Islands
	  	$	2,575,000,000	 	  	 	100	% 
	 Branch
	  				  			
	 TOTAL
	  	$	2,575,000,000	 	  	 	100	% 
			
	 Revolving Credit Commitment
	  				  			
			
	 Revolving Credit Lender
	  	Revolving Credit
Commitment	 	  	Pro Rata Share of Facility	 
	 Credit Suisse AG, Cayman Islands
	  				  			
	 Branch
	  	$	71,875,000	 	  	 	23.96	% 
	 JPMorgan Chase Bank, N.A.
	  	$	71,875,000	 	  	 	23.96	% 
	 Goldman Sachs Bank USA
	  	$	43,125,000	 	  	 	14.38	% 
	 UBS AG, Stamford Branch
	  	$	43,125,000	 	  	 	14.38	% 
	 Deutsche Bank AG New York Branch
	  	$	30,000,000	 	  	 	10.00	% 
	 Morgan Stanley Senior Funding, Inc.
	  	$	15,000,000	 	  	 	5.00	% 
	 Barclays Bank PLC
	  	$	15,000,000	 	  	 	5.00	% 
	 Malayan Banking Berhad, New York
	  				  			
	 Branch
	  	$	10,000,000	 	  	 	3.33	% 
	 TOTAL
	  	$	300,000,000	 	  	 	100	% 

 Schedule 4.01(a)(ix) 

to the Credit Agreement 

Jurisdictions of Local Counsel Opinions 
  

			
	 Loan Party
	  	 Jurisdiction

	 Clinical Research Advantage, Inc.
	  	Arizona
		
	 PPD Global Central Labs, LLC
	  	Kentucky
		
	 ATP, LLC
	  	 North Carolina

	 PPD AERONAUTICS, LLC

	 PPD Services, Inc.

		
	 River Ventures, LLC
	  	
		
	 PPD Vaccines and Biologics, LLC
	  	Pennsylvania
		
	 Jaguar Cayman Finance Limited
	  	Cayman Islands
	 WILDCAT ACQUISITION HOLDINGS (UK) LIMITED
	  	England & Wales

 Schedule 5.08(b) 

to the Credit Agreement 

Owned Real Property 
  

					
	 Record Owner
	  	 Address
	  	 County

	 River Ventures, LLC
	  	 929 North Front St.
	  	 New Hanover

		  	 Wilmington, NC 28401-3331
	  	
			
	 River Ventures, LLC
	  	 155 Brunswick Street
	  	 New Hanover

		  	 Wilmington, NC 28401-3331
	  	

 Schedule 5.12 

to the Credit Agreement 

Subsidiaries and Other Equity Investments 
  

			
	 Parent Entity
	  	 Restricted Subsidiaries

	Jaguar Holding Company I	  	Jaguar Holding Company II
		
	Jaguar Holding Company II	  	 Jaguar Cayman Finance Limited
 WILDCAT
ACQUISITION HOLDINGS (UK) LIMITED

		
	WILDCAT ACQUISITION HOLDINGS (UK) LIMITED	  	Pharmaceutical Product Development, LLC
		
	Pharmaceutical Product Development, LLC	  	 CRA Intermediate Holdings, Inc.
 PPD Global
Central Labs, LLC
 PPD Investigator Services, LLC
 Applied
Bioscience International, LLC
 PPD Vaccines and Biologics, LLC

X-Chem, Inc.
 X-Rx, Inc. (80%)

PPD Services, Inc.
 PPD do Brasil-Suporte a Pesquisa Clinica Ltda.
(0.01%)

		
	CRA Intermediate Holdings, Inc.	  	Clinical Research Advantage, Inc.
		
	Clinical Research Advantage, Inc.	  	 CNS Research Science,
 Inc. Innova Holdings,
Inc.

		
	Innova Holdings, Inc.	  	Radiant Research, Inc.
		
	Applied Bioscience International, LLC	  	 PPD Holdings, LLC
 PPD GP, LLC

PPD Argentina, S.A. (5%)
 PPD International Holdings, Inc. y
Compania Limitada (1%)
 PPD Development (HK) Limited (50%)
 PPD
Peru S.A.C. (0.1%)
 PPD (Guatemala), S.A. (1%)

		
	PPD Development, L.P.	  	Acurian, Inc.

			
	 Parent Entity
	  	 Restricted Subsidiaries

		  	 PPD AERONAUTICS, LLC
 APBI Finance
Corporation
 Pharmaco Investments, Inc.
 PPD International
Holdings, LLC
 ATP, LLC
 River Ventures, LLC

Pharmaceutical Product Development Spain SL (0.763%)
 PPD Mexico,
S.A. de C.V. (0.01%)

		
	 PPD Holdings, LLC (99.9%)
 PPD GP, LLC
(0.1%)
	  	PPD Development, L.P.
		
	PPD International Holdings, LLC	  	 PPD SBNL K.K. (51%)
 PPD Luxembourg I S.a
r.l.
 AbC.R.O., Inc.
 PPD do Brasil-Suporte a Pesquisa Clinica
Ltda. (99.99%)
 PPD Scandinavia AB
 Pharmaceutical Product
Development Spain SL (99.237%)
 PPD Argentina, S.A. (95%)
 PPD
International Holdings, Inc. y Compania Limitada (99%)
 Pharmaceutical Product Development South Africa (Pty) Ltd

PPD Canada, Ltd.
 PPD Australia Pty Ltd

PPD Hungary Research & Development Limited3 (3.3%)

PPD Czech Republic s.r.o. (2.22%)
 PPD Development (Thailand) Co.,
Ltd (99.995%)
 PPD Peru S.A.C. (99.99%)
 PPD Mexico, S.A. de
C.V. (99.99%)
 PPD Italy S.r.l.
 PPD (Guatemala), S.A.
(99%)

		
	PPD Luxembourg I S.a r.l.	  	PPD Luxembourg II S.a r.l.
		
	PPD Luxembourg II S.a r.l.	  	PPD International Investments Limited (99.6%)
		
	PPD International Investments Limited	  	PPD UK Holdings Ltd

  

	3 	 This is an English translation of the name of this Restricted Subsidiary. 

			
	 Parent Entity
	  	 Restricted Subsidiaries

	AbC.R.O., Inc.	  	 PPD Hrvatska D.o.o.
 ABC.R.O Polska Sp. Z
o.o.
 PPD Romania SRL (99.33%)
 PPD International Investments
Limited (0.4%)

		
	PPD BULGARIA EOOD	  	PPD Romania SRL (0.67%)
		
	 APBI Finance Corporation (80%)
 PPD
International Holdings, LLC (20%)
	  	PPD CT Investments LLP
		
	Excel Pharmastudies, Inc. (organized in Cayman Islands)	  	 Excel Pharmastudies Inc.4 (organized in PRC)

Excel PharmaStudies (US), Inc.

		
	PPD UK Holdings Ltd	  	 PPD Pharmaceutical Development Vietnam Company Limited

Excel Pharmastudies, Inc.5 (organized in Cayman Islands)

PPD Development (Thailand) Co., Ltd (0.0025%)
 PPD Colombia
S.A.S.
 PPD Global Ltd
 Clinical Technology Centre
(International) Ltd (1%)
 Cambridge Applied Nutrition Toxicology & Biosciences Ltd (50%)

Leicester Clinical Research Centre Ltd
 Chelmsford Clinical Trials
Unit Ltd
 Gabbay Ltd
 Data Analysis & Research (DAR)
Ltd
 PPD Development (S) Pte Limited
 PPD Global Central
Labs BVBA (99.9%)
 PPD Global Central Labs (S) Pte Ltd

PPD (Netherlands) BV
 PPD Slovak Republic s.r.o. (85%)

PPD Pharmaceutical Development India Private Limited (99.99%)
 PPD
BULGARIA EOOD
 PPD Serbia D.O.O.
 Greenbird Limited
(99.97%)
 PPD Development Ireland Ltd

		
	PPD Global Ltd	  	Clinical Technology Centre (International) Ltd (99%)

  

	4 	 This is an English translation of the name of this Restricted Subsidiary. 

	5 	 This is an English translation of the name of this Restricted Subsidiary. 

			
	 Parent Entity
	  	 Restricted Subsidiaries

		  	 Cambridge Applied Nutrition Toxicology & Biosciences Ltd (50%)

Clinical Science Research International Ltd
 PPD Global Central
Labs BVBA (0.1%)
 PPD Slovak Republic s.r.o. (15%)
 PPD
Pharmaceutical Development India Private Limited (0.01%)

		
	PPD Development (S) Pte Limited	  	 PPD Pharmaceutical Development (Beijing) Co., Ltd6

PPD Development (HK) Limited (50%)
 PPD Development (Thailand)
Co., Ltd (0.0025%)

		
	PPD (Netherlands) BV	  	 PPD International Holdings GmbH
 Greenbird
Limited (0.03%)
 PPD France S.A.S.

		
	PPD International Holdings GmbH	  	 PPD Germany GmbH
 PPD Poland Sp. Z o.o.

PPD Czech Republic s.r.o. (97.78%)
 PPD Germany GmbH & Co
KG (72%)
 PPD Hungary Research & Development Limited (96.7%)

		
	PPD Germany GmbH	  	PPD Germany GmbH & Co KG (28%)
		
	Greenbird Limited	  	Limited Liability Company PPD Development (Smolensk)7
		
	Limited Liability Company PPD Development (Smolensk)	  	Limited Liability Company Contract Research Organization Innopharm – Ukraine8

  

	6 	 This is an English translation of the name of this Restricted Subsidiary. 

	7 	 This is an English translation of the name of this Restricted Subsidiary. 

	8 	 This is an English translation of the name of this Restricted Subsidiary. 

 Schedule 5.16 

to the Credit Agreement 

Intellectual Property Matters 

Patents 
 Registered Patents 

 

									
	 Owner
	  	Registration
Number	 	  	Expiration Date	 
	 Pharmaceutical Product Development, LLC
	  	 	7,934,434 B2	 	  	 	Sept. 27, 2029	 
	 PPD Development, L.P.
	  	 	6,507,829	 	  	 	Jan. 17, 2020	 
	 Pharmaco Investments, Inc.
	  	 	8,790,599	 	  	 	Jul. 14, 2031	 
	 Pharmaco Investments, Inc. and Duke University
	  	 	6,191,147	 	  	 	Nov. 15, 2019	 
	 Pharmaco Investments, Inc.
	  	 	6,649,638	 	  	 	Aug. 14, 2022	 
	 Pharmaco Investments, Inc.
	  	 	6,664,277	 	  	 	Aug. 14, 2022	 
	 Pharmaco Investments, Inc.
	  	 	7,112,596	 	  	 	Aug. 14, 2022	 
	 Pharmaco Investments, Inc.
	  	 	7,501,444	 	  	 	Nov. 19, 2022	 
	 Pharmaco Investments, Inc.
	  	 	7,501,446	 	  	 	Aug. 14, 2022	 
	 Pharmaco Investments, Inc.
	  	 	8,669,253	 	  	 	Mar. 14, 2029	 

 Patent Applications 
  

									
	 Owner
	  	Application
Number	 	  	Expiration
Date	 
	 X-Chem, Inc.
	  	 	61/152,508	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	13/147,910	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/531,820	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/536,929	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	14/343,306	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/584,593	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/584,569	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/671,406	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	14/370,854	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/715,116	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	14/370,879	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	61/901,899	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	62/043,275	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	14/414,326	 	  	 	N/A	 
	 X-Chem, Inc.
	  	 	62/098,037	 	  	 	N/A	 

 Trademarks 

Registered Trademarks 
  

									
	 Owner
	  	 Mark
	  	Registration
Number	 	  	Expiration Date
	 Clinical Research Advantage, Inc.
	  	 CLINICAL RESEARCH ADVANTAGE
	  	 	3637316	 	  	Jun. 16, 2019
	 Clinical Research Advantage, Inc.
	  	 CLINICAL RESEARCH ADVANTAGE
	  	 	3597155	 	  	Mar. 31, 2019

							
				
	 Owner
	    	 Mark
	  	 Registration
Number
	  	 Expiration Date

	 CNS Research Science, Inc.
	    	 CNS
	  	3431297	  	 May 20, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
	  	3431298	  	 May 20, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
	  	3431299	  	 May 20, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
	  	3431300	  	 May 20, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3966684	  	 Aug. 24, 2021

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3962188	  	 May 17, 2021

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3962189	  	 May 17, 2021

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3962190	  	 May 17, 2021

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3966685	  	 May 24, 2021

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	4084213	  	 Jan. 10, 2022

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3449533	  	 Jun. 17, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3449534	  	 Jun. 17, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3449535	  	 Jun. 17, 2018

				
	 CNS Research Science, Inc.
	    	 CNS
 COMPREHENSIVE NEUROSCIENCE
	  	3449536	  	 Jun. 17, 2018

				
	 CNS Research Science, Inc.
	    	 COMPREHENSIVE
 CLINICAL

DEVELOPMENT
	  	4156802	  	 Jun. 12, 2022

				
	 CNS Research Science, Inc.
	    	 COMPREHENSIVE
 CLINICAL

DEVELOPMENT
	  	4156803	  	 Jun. 12, 2022

				
	 CNS Research Science, Inc.
	    	 COMPREHENSIVE
 CLINICAL

DEVELOPMENT
	  	4156804	  	 Jun. 12, 2022

				
	 CNS Research Science, Inc.
	    	 COMPREHENSIVE
 CLINICAL

DEVELOPMENT
	  	4155886	  	 Jun. 5, 2022

				
	 CNS Research Science, Inc.
	    	 COMPREHENSIVE
 CLINICAL

DEVELOPMENT
	  	4148011	  	 May 22, 2022

							
	 Owner
	  	 Mark
	  	 Registration
Number
	  	 Expiration Date

	 CNS Research Science, Inc.
	  	COMPREHENSIVE CLINICAL DEVELOPMENT	  	4155887	  	Jun. 5, 2022
				
	 CNS Research Science, Inc.
	  	COMPREHENSIVE NEUROSCIENCE	  	3500478	  	Sep. 9, 2018
				
	 CNS Research Science, Inc.
	  	COMPREHENSIVE NEUROSCIENCE	  	3500479	  	Sep. 9, 2018
				
	 CNS Research Science, Inc.
	  	COMPREHENSIVE NEUROSCIENCE	  	3500480	  	Sep. 9, 2018
				
	 CNS Research Science, Inc.
	  	COMPREHENSIVE NEUROSCIENCE	  	3500781	  	Sep. 9, 2018
				
	 CNS Research Science, Inc.
	  	COMPREHENSIVE NEUROSCIENCE	  	3500482	  	Sep. 9, 2018
				
	 CNS Research Science, Inc.
	  	COMPREHENSIVE NEUROSCIENCE	  	3500483	  	Sep. 8, 2018
				
	 Radiant Research, Inc.
	  	RADIANT RESEARCH	  	2511395	  	Nov. 27, 2021
				
	 Pharmaco Investments, Inc.
	  	“CG++”	  	2,136,203	  	Feb. 10, 2018
				
	 Pharmaco Investments, Inc.
	  	“CROSSGRAPHS”	  	2,084,758	  	July 29, 2017
				
	 Pharmaco Investments, Inc.
	  	“PPD” (Word Mark)	  	2,435,414	  	Mar. 13, 2021
				
	 Pharmaco Investments, Inc.
	  	“PPD”	  	2,332,213	  	Mar. 21, 2020
				
	 Pharmaco Investments, Inc.
	  	“PPD QUERYDIRECT”	  	2,644,316	  	Oct. 29, 2022
				
	 Pharmaco Investments, Inc.
	  	“TABLETRANS”	  	2,179,522	  	Aug. 4, 2018
				
	 Pharmaco Investments, Inc.
	  	“PRECLARUS”	  	4,573,756	  	Jul. 22, 2024
				
	 Acurian, Inc.
	  	“ACURIAN RECRUITMENT MANAGER”	  	3,971,039	  	May 31, 2021
				
	 Acurian, Inc.
	  	“YOUR PATIENTS HOLD THE PROMISE FOR TOMORROW’S CURES”	  	3,723,631	  	Dec. 8, 2019
				
	 Acurian, Inc.
	  	“CLICK IT FORWARD”	  	3,819,261	  	Jul. 13, 2020
				
	 Acurian, Inc.
	  	“ACURIAN” (Plus Design)	  	2,697,439	  	Mar. 18 2023
				
	 Acurian, Inc.
	  	“ACURIAN”	  	2,566,246	  	Apr. 30, 2022
				
	 Acurian, Inc.
	  	“ACURIAN HEALTH”	  	4,411,824	  	Oct. 1, 2023
				
	 Acurian, Inc.
	  	[LOGO]

	  	4,429,550	  	Nov. 5, 2023
				
	 Acurian, Inc.
	  	“ACURIAN RETENTION MANAGER”	  	4,621,574	  	Oct. 14, 2024

 Trademark Applications 
  

							
	 Owner
	  	 Mark
	  	 Application
Number
	  	 Expiration Date

	 Pharmaco Investments, Inc.
	  	 “TRIMENTUM”
	  	86303607	  	 N/A

 Copyrights 

Registered Copyrights 
  

											
	 Owner
	  	 Full Title
	  	Registration
Number	 	  	Registration Date	 
	 PPD Development, L.P.
	  	PPD Clinical Foundation Program, Volumes I and II, Training Materials, Version February 2009	  	 	TXu001615996	 	  	 	May 14, 2009	 
				
	 PPD Development, L.P.
	  	Richmond Labs User Guide	  	 	TXu001060523	 	  	 	March 29, 2002	 

 Schedule 6.16 

to the Credit Agreement 

Post-Closing Undertakings 
 None.

  

 Schedule 7.01 

to the Credit Agreement 
  

 Closing Date Indebtedness 

 

	1.	 Payment Schedule No. 2719 between Pharmaceutical Product Development, LLC and Oracle Credit Corporation
dated May 30, 2008. This agreement establishes a payment plan for the licenses and support services purchased under that certain Ordering Document between Pharmaceutical Product Development, LLC and Oracle USA, Inc. dated May 30, 2008.

  

	2.	 See Items 3 - 5 of Schedule 7.02. 

 

	3.	 See items 13-31 of Schedule 7.05. 

 

	4.	 Letters of Credit listed on Schedule 1.01(k). 

 

	5.	 Bank guarantee provided by The HongKong and Shanghai Banking Corporation Limited on behalf of PPD Singapore Pte
Ltd. 

  

	6.	 Volume licensing arrangement dated June 4, 2014 by and between Pharmaceutical Product Development, LLC and
Microsoft Licensing, GP, as amended. 

  

	7.	 ASPire to Win® Business Partner Agreement dated October 22, 2009 by and between Medidata Solutions, Inc.
and PPD Development, L.P., as amended. 

  

	8.	 Master Installment Payment Agreement dated April 26, 2013 by and between CISCO Systems Capital Corporation and
Pharmaceutical Product Development, LLC, as amended. 

  

	9.	 Master Schedule No. MP001-0 dated April 26, 2013 by and between CISCO Systems Capital Corporation and
Pharmaceutical Product Development, LLC, as amended. 

  

	10.	 Volume Commitment Agreement for Purchases dated May 31, 2013 by and between PPD Development, L.P. and Oracle
America, Inc., as amended. 

  

	11.	 Intellectual Property & Science License Agreement dated December 19, 2014 by and between Thomson
Reuters (Scientific) LLC and PPD Development, L.P. 

 Schedule 7.02 

to the Credit Agreement 
  

 Closing Date Liens 

 

	1.	 The Lien set forth at Article 16 of the Memorandum and Articles of Association of Jaguar Cayman Finance
Limited. 

  

	2.	 The corporate headquarters property in Wilmington, North Carolina is subject to that certain Brownfields
Agreement between the North Carolina Department of Environment and Natural Resources and River Ventures, LLC dated as of December 9, 2005 (“Brownfields Agreement”). The Brownfields Agreement is recorded in the New Hanover County
Register of Deeds at Book 4950, Page 1091. 

  

	3.	 Escrow Agreement dated August 26, 2013 among PPD Development, L.P., Graham D. S. Anderson, as the
Stockholders’ Representative, and Wells Fargo Bank, National Association. The current balance with respect to this Agreement is approximately $9,000,000. 

 

	4.	 Escrow Agreement dated August 22, 2014 among PPD Development, L.P., RCT Logic, LLC and Branch Banking and Trust
Company. The current balance with respect to this Agreement is approximately $300,000. 

  

	5.	 Escrow Agreement dated May 12, 2015 among Pharmaceutical Product Development, LLC, Clinical Research Advantage
Holding, LLC and Wells Fargo Bank, National Association. The current balance with respect to this Agreement is approximately $8,500,000. 

  

	6.	 Charge issued by PPD Singapore Pte Ltd. in favor of The HongKong and Shanghai Banking Corporation Limited
registered on April 5, 2012. 

 Schedule 7.05 

to the Credit Agreement 
  

 Closing Date Investments 

 

	1.	 Investments under the Limited Partnership Agreement of Bay City Capital Fund IV, LP by and among Bay City
Capital Management IV LLC as general partner and the limited partners listed in Schedule I thereto, dated July 29, 2004, and as amended by Amendment No. 1 dated July 28, 2005, Amendment No. 2 dated September 30, 2005, and Amendment
No. 3 dated November 15, 2005, and the Subscription Agreement by and among Bay City Capital Management IV LLC (by itself and as attorney-in-fact for and on behalf of Bay City Capital Fund IV, LP) and
Pharmaceutical Product Development, LLC, dated September 21, 2005. 

  

	2.	 Investments under the Limited Partnership Agreement of Bay City Capital Fund V, L.P. by and among Bay City
Capital Management V, LLC as general partner and the limited partners listed in Schedule I thereto, dated May 10, 2007 and the Subscription Agreement by and among Bay City Capital Management V LLC (by itself and as attorney-in-fact for and on behalf
of Bay City Capital Fund V, LP) Pharmaceutical Product Development, LLC, dated June 5, 2007, and the Side Letter or Similar Agreement Election delivered by Pharmaceutical Product Development, LLC in respect of Bay City Capital Fund V, L.P., dated
May 2, 2008. 

  

	3.	 Investments under the C.T. U.S. Investors, L.P. Limited Partnership Agreement by and between C.T. Investors GP,
L.L.C., Stephen Evans-Freke, and Dr. Peter B. Corr, last updated in December 2010 as subscribed to by PPD UK Holdings, Ltd. on October 26, 2009, which interest was succeeded by PPD CT Investments LLP as per the Assignment and Assumption
Agreement between PPD UK Holdings, Ltd. and PPD CT Investments LLP dated December 30, 2009 and the Subscription Agreement by and among C.T. Investors GP L.L.C. and PPD UK Holdings, Ltd. dated October 26, 2009, as assigned to and assumed by PPD CT
Investments LLP, from PPD UK Holdings Ltd., in the Assignment and Assumption Agreement dated December 30, 2009. 

  

	4.	 Investments under the Amended and Restated Limited Partnership Agreement of the venBio Global Strategic Fund,
L.P. by and among venBIO Global Strategic GP, L.P., VENBIO PARTNERS, LLC, and AMGEN INVESTMENTS, LTD., dated November 3, 2010; and agreed to by PPD CT Investments LLP on April 5, 2011 and the Subscription Agreement by and among venBio Global
Strategic GP, L.P. (by itself and as attorney-in-fact for and on behalf of venBio Global Strategic Fund, L.P.) and PPD CT Investments LLP dated April 5, 2011. 

 

	5.	 Investments under the Second Amended and Restated Limited Partnership Agreement of A.M. Pappas Life Sciences
Ventures III, LP dated as of November 3, 2005 by and among AMP&A Management III, LLC, as general partner, and certain limited partners listed therein; and agreed to by Pharmaceutical Product Development, LLC on such date. 

 

	6.	 Investments under the Limited Partnership Agreement of A.M. Pappas Life Science Ventures IV, LP dated as of
October 15, 2007 by and among AMP&A Management IV, LLC, as general partner, and certain limited partners listed therein; and agreed to by Pharmaceutical Product Development, LLC on such date. 

 

	7.	 Investments under the Amended and Restated Omnibus Agreement dated as of November 5, 2008, as amended, by and
among Accelerator III Corporation, Institute for Systems Biology, Pharmaceutical Product Development, LLC, Washington Research Foundation, Alexandria Accelerator, LLC, Amgen Ventures, LLC, OVP VII Entrepreneurs Fund, LP, OVP Venture

	 	Partners VII, LP, and ARCH Venture Fund VII, LP, and as amended by that certain Amendment No. 1 thereto, dated as of January 28, 2011 and the Second Amended and Restated Omnibus Agreement dated November 18, 2011.
These Investments include all Investments in Accelerator III Corporation and third parties pursuant to the above Omnibus Agreement. 

  

	8.	 Investments under the Second Amended and Restated Articles of Partnership of Auven Therapeutics Holdings, L.P.
(the “LP Agreement”) effective March 21, 2013, as amended or supplemented from time to time, by and among Auven Therapeutics General L.P. as general partner, and the Limited Partners (as defined in the LP Agreement), as limited partners.

  

	9.	 Guaranty of Pharmaceutical Product Development, LLC to UK Plan Trustees. 

 

	10.	 Pharmaceutical Product Development, LLC is the surety/guarantor with respect to various leases of property
entered into in the ordinary course of business by various Restricted Subsidiaries. 

  

	11.	 Pharmaceutical Product Development, LLC and PPD Development, L.P. are sureties/guarantors with respect to
various equipment and capital leases of property entered into in the ordinary course of business by various Restricted Subsidiaries. 

  

	12.	 Pharmaceutical Product Development, LLC invested $5.0 million for an ownership interest in Liquidia
Technologies, Inc. As of September 30, 2011, Pharmaceutical Product Development, LLC’s ownership interest in Liquidia was 8.6%. 

  

	13.	 $20,000,000 Loan Agreement dated April 3, 2008 between APBI Finance Corporation, as lender, and PPD Development
(S) Pte Limited. 

  

	14.	 Promissory Note in the amount of $100,000,000 dated January 1, 2011 between APBI Finance Corporation, as
lender, and PPD Global Ltd. 

  

	15.	 Loan Note Instrument in the amount of $1,450,000,000, dated December 5, 2011, issued by WILDCAT ACQUISITION
HOLDINGS (UK) LIMITED to Jaguar Cayman Finance Limited. 

  

	16.	 Loan Note Instrument in the amount of $575,000,000, dated December 5, 2011, issued by WILDCAT ACQUISITION
HOLDINGS (UK) LIMITED to Jaguar Cayman Finance Limited. 

  

	17.	 Promissory Note for the maximum principle amount of $70,000,000 dated November 7, 2005 (as amended by that
certain First Amendment to Promissory Note dated as of December 30, 2010) between APBI Finance Corporation as borrower, and PPD International Holdings, Inc. as lender. 

 

	18.	 Promissory Note in the amount of $150,000,000 dated March 1, 2006 (as amended by that certain First Amendment
to Promissory Note, dated December 30, 2010) between River Ventures, LLC as borrower and APBI Finance Corporation, as lender. 

  

	19.	 Promissory Note in the amount of $325,000,000 dated November 7, 2005 (as amended by that certain First
Amendment to Promissory Note dated December 30, 2010) between Pharmaceutical Product Development, LLC, as borrower, and APBI Finance Corporation as lender. 

  

	20.	 Promissory Note in the amount of $100,000,000 dated January 1, 2011 between APBI Finance Corporation, as
lender, and PPD Global Limited. 

	21.	 Loan Agreement for the maximum principle amount of $50,000,000 dated December 31, 2008 between APBI Finance
Corporation as lender, and PPD Vaccines and Biologics, LLC as borrower. 

  

	22.	 Loan Agreement in the amount of $44,940,280.74 dated October 12, 2012 (as amended by that certain First
Amendment to Loan Agreement dated as of April 10, 2013) between APBI Finance Corporation as lender, and Jaguar Holding Company I as borrower. 

  

	23.	 Loan Agreement in the amount of $25,000,000 dated March 22, 2013 between Pharmaceutical Product Development,
LLC as lender, and Jaguar Holding Company II as borrower. 

  

	24.	 Loan Agreement in the amount of $24,609,375 dated September 24, 2013 between Pharmaceutical Product
Development, LLC as lender, and Jaguar Holding Company II as borrower. 

  

	25.	 Loan Agreement in the amount of $7,500,000 dated July 8, 2014 between Pharmaceutical Product Development, LLC
as lender, and Jaguar Holding Company II as borrower. 

  

	26.	 Loan Agreement in the amount of $43,620,785.58 dated September 23, 2014 between Pharmaceutical Product
Development, LLC as lender, and Jaguar Holding Company II as borrower. 

  

	27.	 Loan Agreement in the amount of $24,486,624.15 between Pharmaceutical Product Development, LLC as lender, and
Jaguar Holding Company II as borrower. 

  

	28.	 Loan Agreement in the amount of $51,000,000 dated March 27, 2015 between Pharmaceutical Product Development,
LLC as lender, and Jaguar Holding Company II as borrower. 

  

	29.	 Loan Agreement in the amount of $40,000,000 dated October 11, 2012 (as amended by that certain First Amendment
to Loan Agreement dated as of April 10, 2013) between PPD Global Limited as lender, and Jaguar Holding Company I as borrower. 

  

	30.	 Loan Agreement in the amount of $12,000,000 dated October 11, 2012 (as amended by that certain First Amendment
to Loan Agreement dated as of April 10, 2013) between PPD Bulgaria EOOD as lender, and Jaguar Holding Company I as borrower. 

  

	31.	 Loan Agreement in the amount of $210,000,000 dated August 13, 2015 between Pharmaceutical Product Development,
LLC, as lender, and Jaguar Holding Company II, as borrower. 

 Schedule 10.02 

to the Credit Agreement 
  

 Administrative Agent’s Office, Certain Addresses for Notices 

HOLDINGS AND BORROWERS: 
 Pharmaceutical Product
Development, LLC 
 929 North Front Street 
 Wilmington, NC
28401 
 Attention: General Counsel 
 (P)
[                        ] 
 (F)
[                        ] 
 (E)
[                        ] 
 With
copies to: 
 Joe Bress 
 The Carlyle Group 

520 Madison Avenue, 39th Floor 
 New York, NY 10022 

(P) [                        ] 

(F) [                        ] 

(E) [                        ] 

Trevor Watt 
 Hellman & Friedman LLC 

One Maritime Plaza, 12th Floor 
 San Francisco, CA 94111 

(P) [                        ] 

(F) [                        ] 

(E) [                        ] 

Jeffrey Chenard 
 Latham & Watkins LLP 

555 Eleventh Street, NW 
 Suite 1000 

Washington, DC 20004-1304 
 (P)
[                        ] 
 (F)
[                        ] 
 (E)
[                        ] 

Pharmaceutical Product Development, LLC 
 929 North Front Street

 Wilmington, NC 28401 
 Attention: Chief Executive Officer

 (P) [                        ]

 (F) [                        ]

 (E) [                        ]

 Pharmaceutical Product Development, LLC 

929 North Front Street 
 Wilmington, NC 28401 

Attention: Chief Financial Officer 
 (P)
[                        ] 
 (F)
[                        ] 
 (E)
[                        ] 

ADMINISTRATIVE AGENT AND COLLATERAL AGENT: 

Administrative Agent’s Office 
 (for payments
and Requests for Credit Extensions) 
 Credit Suisse AG 

Agency Manager 
 One Madison Avenue 

New York, NY 10010 
 (F) 212.322.2291 

(E) agency.loanops@credit-suisse.com 
 Administrative
Agent’s Office 
 (for notices under all Loan Documents excluding Collateral Documents) 

Credit Suisse AG 
 Agency Manager 

One Madison Avenue 
 New York, NY 10010 

(F) 212.322.2291 
 (E) agency.loanops@credit-suisse.com 

Administrative Agent’s Office 
 (for notices
under the Collateral Documents) 
 Credit Suisse AG 
 One
Madison Avenue, 2nd Fl 
 New York, NY 10010 
 Attn: Loan
Operations - Boutique Management 
 Contact: Sean Portrait 
 (P)
919.994.6369 
 (E) sean.portrait@credit-suisse.com, agency.loanops@credit-suisse.com 

 EXHIBIT A-1 

FORM OF COMMITTED LOAN NOTICE 

Date: ___________, _____ 
  

	To:	 Credit Suisse AG, Cayman Islands Branch, as Administrative Agent 

Credit Suisse AG 
 Eleven Madison Avenue 

6th Floor 
 New York, NY 10010 

Attn: Loan Operations – Agency Manager 
 Phone: (919)
994-6369 
 Fax: (212) 322-2291 
 Email:
agency.loanops@credit-suisse.com 
 Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”),    among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company,
JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto, each L/C Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK
SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as
Administrative Agent, Collateral Agent and a L/C Issuer. Terms used herein and not otherwise defined shall have the meaning assigned thereto in the Credit Agreement. 

The undersigned hereby irrevocably requests (select one): 
  

	 	☐	 A Borrowing of Loans     ☐ A conversion or continuation of Loans

  

	 	1.	 On ______________________________ (a Business Day). 

 

	 	2.	 In the principal amount of $___________________. 

 

	 	3.	 In the form of a___________________________1.

  

	 	4.	 Comprised of ___________________________. [Type of Loan requested] 

 

	 	5.	 [For the borrowing of, conversion to, or continuation of Eurocurrency Rate Loans: with an Interest Period of
___ months.]2 

  

 

	1	 Term Borrowing, a Revolving Credit Borrowing, a conversion of Term Loans, New Term Loans, Specified Refinancing
Term Loans, Specified Refinancing Revolving Loans or Revolving Credit Loans or a continuation of Eurocurrency Rate Loans. 

	2 	 With respect to Eurocurrency Rate Loans, may be 1, 2, 3 or 6 months, or to the extent consented to by all
Appropriate Lenders, twelve months thereafter (or such shorter interest period as may be agreed to by all Lenders). 

  

					
		  	A-1-1	  	Form of Committed Loan Notice

 [The Borrowing requested herein complies with the Credit Agreement, including [the proviso
to the first sentence of Section 2.01(b) of the Credit Agreement and]3 Section 4.02 of the Credit Agreement.] 

 

			
	JAGUAR HOLDING COMPANY II

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
			
	
	PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

	3 	 To be included in requests for Revolving Credit Borrowings. 

  
 A-1-2 

 EXHIBIT A-2 

FORM OF REQUEST FOR L/C CREDIT EXTENSION 

Date:                    ,
             
  

	To:	 Credit Suisse AG, Cayman Islands Branch[, as L/C Issuer] 

[Credit Suisse AG 
 Eleven Madison Avenue 

6th Floor 
 New York, NY 10010 

Attn: Loan Operations – Agency Manager 
 Phone: (919)
994-6369 
 Fax: (212) 322-2291 
 Email:
agency.loanops@credit-suisse.com] 

[[                    ]1, as L/C Issuer under the Credit Agreement 

[                          
          ] 

[                          
          ] 

[                          
          ] 
 Attention:
[                        ] 

Ladies and Gentlemen: 
 Reference is made to that
certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”),    among JAGUAR HOLDING
COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company, JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto, each L/C Issuer party thereto, CREDIT
SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN
BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. Terms used herein and not otherwise defined shall have the meaning assigned thereto in
the Credit Agreement. 
 The undersigned hereby requests an [issuance][amendment][extension] of [a] [standby][commercial] Letter[s] of
Credit in the amount of $__________. Enclosed herewith is the related Letter of Credit Application, with the information required pursuant to Section 2.03(c) of the Credit Agreement. 

The beneficiary of the requested Letter of Credit will be [__________] and the Letter of Credit will have a stated expiration date of
[__________]. 
 The Credit Extension requested herein complies with the Credit Agreement, including Section 4.02 of the Credit
Agreement. 
  
  

	1 	 Insert name and address of L/C Issuer if not Credit Suisse AG. 

  

					
		  	A-2-1	  	Form of Request for L/C Credit Extension

 
			
	JAGUAR HOLDING COMPANY II
		
	By:	 	
                 

	Name:	 	              

	Title:	 	              

  

					
	PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC
			
	    	 	By:	 	              

		 	Name:	 	              

		 	Title:	 	
                 

  

					
		  	A-2-2	  	Form of Request for L/C Credit Extension

 EXHIBIT C-1 

FORM OF TERM NOTE 
 FOR
VALUE RECEIVED, the undersigned (each, a “Borrower” and together, the “Borrowers”) each hereby, jointly and severally, promises to pay to _____________________ or registered assigns (the
“Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the aggregate unpaid principal amount of each Term Loan made by the Lender to the Borrowers under that certain Credit Agreement dated as
of August 18, 2015 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a
Delaware limited liability company, JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto, each L/C Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA,
UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG,
CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. Terms used herein and not otherwise defined shall have the meaning assigned thereto in the Agreement. 

The Borrowers each, jointly and severally, promise to pay interest on the aggregate unpaid principal amount of each Term Loan made by the
Lender to the Borrowers under the Agreement from the date of such Term Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. All payments of principal and interest shall be made to
the Administrative Agent for the account of the Lender in Dollars in immediately available funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon
demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the per annum rate set forth in the Agreement. 

This Term Note is one of the Term Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in
part subject to the terms and conditions provided therein. This Term Note is also entitled to the benefits of each Guaranty and is secured by the Collateral. Upon the occurrence and continuation of one or more of the Events of Default specified in
the Agreement, all amounts then remaining unpaid on this Term Note shall become, or may be declared to be, immediately due and payable all as provided in the Agreement. Term Loans made by the Lender shall be evidenced by one or more loan accounts or
records maintained by the Lender in the ordinary course of business. The Lender may also attach schedules to this Term Note and endorse thereon the date, amount and maturity of its Term Loans and payments with respect thereto. 

Each Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of any kind in
connection with this Term Note (including protest, demand, dishonor and non-payment). 
 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT
BLANK] 

  

					
		  	C-1-1	  	Form of Term Note 

 THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 
  

			
	JAGUAR HOLDING COMPANY II

 
			
		
	By:	 	
                 

	Name:	 	              

	Title:	 	
                 

 
			
	
	PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC

 
			
		
	By:	 	              

	Name:	 	              

	Title:	 	              

  

					
		  	C-1-2	  	Form of Term Note 

 LOANS AND PAYMENTS WITH RESPECT THERETO 

 

													
	 Date
	  	 Type of

Loan Made
	  	 Amount of

Loan Made
	  	 End of

Interest
 Period
	  	 Amount of
Principal or
Interest Paid

This Date
	  	 Outstanding
Principal

Balance
 This Date
	  	 Notation

Made By

		  	                        	  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

		  		  		  		  		  		  	
	  
	  	  
	  	  
	  	  
	  	  
	  	  
	  	  

  

					
		  	C-1-3	  	    Form of Term Note

 EXHIBIT C-2 

FORM OF REVOLVING CREDIT NOTE 

FOR VALUE RECEIVED, the undersigned (each, a “Borrower” and together, the “Borrowers”) each
hereby, jointly and severally, promises to pay to _____________________ or registered assigns (the “Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the aggregate unpaid principal amount
of each Revolving Credit Loan from time to time made by the Lender to the Borrowers under that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise modified from time to time, the
“Credit Agreement”),    among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company, JAGUAR HOLDING COMPANY I, a
Delaware corporation, each lender from time to time party thereto, each L/C Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN
STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral
Agent and a L/C Issuer. Terms used herein and not otherwise defined shall have the meaning assigned thereto in the Agreement. 
 The
Borrowers each, jointly and severally, promise to pay interest on the aggregate unpaid principal amount of each Revolving Credit Loan from time to time made by the Lender to the Borrowers under the Agreement from the date of such Loan until such
principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. All payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in Dollars in immediately
available funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (and before
as well as after judgment) computed at the per annum rate set forth in the Agreement. 
 This Revolving Credit Note is one of the Revolving
Credit Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein. This Revolving Credit Note is also entitled to the benefits of each Guaranty
and is secured by the Collateral. Upon the occurrence and continuation of one or more of the Events of Default specified in the Agreement, all amounts then remaining unpaid on this Revolving Credit Note shall become, or may be declared to be,
immediately due and payable all as provided in the Agreement. Revolving Credit Loans made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business. The Lender may also
attach schedules to this Revolving Credit Note and endorse thereon the date, amount and maturity of its Revolving Credit Loans and payments with respect thereto. 

Each Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of any kind in
connection with this Revolving Credit Note (including protest, demand, dishonor and non-payment). 
 [THE REMAINDER OF THIS PAGE IS
INTENTIONALLY LEFT BLANK] 
  

  

					
		  	C-2-1	  	    Form of Revolving Credit Note

 THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 
  

			
	JAGUAR HOLDING COMPANY II
		
	By:	 	             .

	Name:	 	
                 

	Title:	 	              

	
	PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC
		
	By:	 	              

	Name:	 	
                 

	Title:	 	              

  

					
		  	C-2-2	  	    Form of Revolving Credit Note 

 LOANS AND PAYMENTS WITH RESPECT THERETO 

 

													
	 Date
	 	 Type of

Loan Made
	 	 Amount of

Loan Made
	 	 End of

Interest
 Period
	 	 Amount of
Principal or
Interest Paid

This Date
	 	 Outstanding

Principal
 Balance

This Date
	 	 Notation

Made By

	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        
	
                   
     
	 	                        	 	                        	 	                        	 	                        	 	                        	 	                        

  

					
		  	C-2-3	  	    Form of Revolving Credit Note 

 EXHIBIT D 

FORM OF COMPLIANCE CERTIFICATE 

Financial Statement Date: _______, 
  

	To:	 Credit Suisse AG, Cayman Islands Branch, as Administrative Agent 

Credit Suisse AG 
 Eleven Madison Avenue 

6th Floor 
 New York, NY 10010 

Attn: Loan Operations – Agency Manager 
 Phone: (919) 994-6369 Fax: (212) 322-2291 
 Email: agency.loanops@credit-suisse.com 

Ladies and Gentlemen: 
 Reference is made to that
certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware
corporation (the “Parent Borrower”), PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (the “Subsidiary Borrower”), JAGUAR HOLDING COMPANY I, a Delaware corporation
(“Holdings”), each lender from time to time party thereto (collectively, the “Lenders” and individually, a “Lender”), each L/C Issuer party thereto, CREDIT SUISSE SECURITIES
(USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW
YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. Terms used herein and not otherwise defined shall have the meaning assigned thereto in the Credit
Agreement. 
 The undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the_________________of the Parent
Borrower, and that, as such, he/she is authorized to execute and deliver this compliance certificate (this “Certificate”) to the Administrative Agent on the behalf of the Parent Borrower, and that: 

[Use following paragraph 1 for fiscal year-end financial statements] 

1. Attached hereto as Schedule 1 are the year-end audited financial statements required by
Section 6.01(a) of the Credit Agreement for the fiscal year of Holdings ended as of the above date, together with the report and opinion of an independent certified public accountant required by such section, together with a customary
management’s discussion and analysis of financial information. 

  

					
		  	D-1-1	  	Form of Compliance Certificate

 [Use following paragraph 1 for fiscal quarter-end
financial statements] 
 1. Attached hereto as Schedule 1 are the unaudited financial statements required by Section 6.01(b) of the
Credit Agreement for the fiscal quarter of Holdings ended as of the above date. Such financial statements fairly present in all material respects the financial condition, results of operations, shareholders’ equity and cash flows of Holdings
and its Subsidiaries in accordance with GAAP as at such date and for such period, subject only to normal year-end audit adjustments and the absence of footnotes, together with a customary management’s
discussion and analysis of financial information. 
 2. Attached hereto as Schedule 1A are the related consolidating financial statements
reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such consolidated financial statements. 

3. The undersigned has reviewed and is familiar with the terms of the Credit Agreement and has made, or has caused to be made under his/her
supervision, a review of the activities of the Parent Borrower during such fiscal period. 
 [select one:] 

[To the knowledge of the undersigned during such fiscal period the Parent Borrower performed and observed each covenant and other agreement of
the Loan Documents applicable to it, and no Default has occurred and is continuing.] 
 —or— 

[The following covenants or conditions have not been performed or observed and the following is a list of each such Default and its nature and
status:] 
 4. [The financial covenant analyses and information set forth on Schedule 2 attached hereto are true and accurate in all material
respects on and as of the date of this Certificate.] 
 5. Attached hereto as Schedule 3 are all supplements to Schedule 5.12 to the Credit
Agreement to the extent necessary so that the related representation and warranty would be true and correct if made as of the date of this Certificate 

[Use following paragraph only with delivery in connection with fiscal year-end financial statements]

 6. [Attached hereto as Schedule 4 are all supplements to Schedules II through IV of the Security Agreement to update such schedules
that were delivered at the Closing Date or pursuant to a subsequent periodic Compliance Certificate.] 

  

					
		  	D-1-2	  	Form of Compliance Certificate

 IN WITNESS WHEREOF, the undersigned has executed this Certificate as of
___________________, __________. 
  

			
	JAGUAR HOLDING COMPANY II
		
	By:	 	
                 

	Name:	 	
                 

	Title:	 	
                     

  

					
		  	D-1-3	  	Form of Compliance Certificate

 For the Quarter/Year ended ____________________ (“Statement Date”)

 [SCHEDULE 2] 
 to the
Compliance Certificate 
 ($ in 000’s) 
  

			
		
	 I.   Section 7.08 – First Lien Net Leverage Ratio.
	  	
		
	 A. Consolidated EBITDA
	  	
		
	 1.  Consolidated Net Income
	  	$            
		
	 2.  increased, in each case to the extent deducted and not added back in
calculating such Consolidated Net Income (and without duplication), by:
	  	
		
	 (i)  provision for taxes based on income, profits or capital, including federal,
state, franchise, excise, property and similar taxes and foreign withholding taxes paid or accrued, including any penalties and interest with respect thereto, and state taxes in lieu of business fees (including business license fees) and income tax
credits and including an amount equal to the amount of tax distributions actually made to the holders of Equity Interests of such Person or its Restricted Subsidiaries or any direct or indirect parent of such Person or its Restricted Subsidiaries in
respect of such period (in each case, to the extent attributable to the operations of such Person and its Subsidiaries), which shall be included as though such amounts had been paid as income taxes directly by such Person or its Restricted
Subsidiaries; plus 
	  	$            
		
	 (ii)  Consolidated Interest Expense; plus 
	  	$            
		
	 (iii)   all depreciation and amortization charges and expenses, including
amortization for upfront payments related to any contract signing and signing bonus and incentive payments; plus 
	  	$            
		
	 (iv) the amount of any interest expense consisting of Subsidiary income attributable to
minority equity interests of third parties in any Restricted Subsidiary of such Person that is not a Wholly Owned Restricted Subsidiary of such Person; plus 
	  	$            
		
	 (v)   the amount of management, monitoring, consulting, transaction and advisory
fees (including termination fees) and related indemnities, charges and expenses paid or accrued to or on behalf of any direct or indirect parent of the Borrowers or any of the Permitted Holders, in each case, to the extent permitted by
Section 6.18 of the Credit Agreement; plus
	  	$            

  

					
		  	D-1-4	  	Form of Compliance Certificate

			
	 (vi) earn-out obligations incurred in connection
with any acquisition or other Investment and paid or accrued during the applicable period; plus 
	  	$            
		
	 (vii)  all charges, costs, expenses, accruals or reserves in connection with the
rollover, acceleration or payout of equity interests held by management and all losses, charges and expenses related to payments made to holders of options or other derivative equity interests in the common equity of such Person or any direct or
indirect parent of the Borrowers in connection with, or as a result of, any distribution being made to equityholders of such Person or any of its direct or indirect parents, which payments are being made to compensate such optionholders as though
they were equityholders at the time of, and entitled to share in, such distribution; plus 
	  	$            
		
	 (viii)  all non-cash losses, charges and
expenses, including any write-offs or write-downs1; plus 
	  	$            
		
	 (ix) all costs and expenses in connection with
pre-opening and opening and closure and/or consolidation of facilities that were not already excluded in calculating such Consolidated Net Income; plus 
	  	$            
		
	 (x)   restructuring charges, accruals or reserves and business optimization
expense, including any restructuring costs and integration costs incurred in connection with any acquisitions, project start-up costs (including entry into new market/channels and new service offerings), costs
related to the closure, relocation, reconfiguration and/or consolidation of facilities and costs to relocate employees, integration and transaction costs, retention charges, severance, contract termination costs, recruiting and signing bonuses and
expenses, future lease commitments, systems establishment costs, conversion costs and excess pension charges and consulting fees, expenses attributable to the implementation of costs savings initiatives, costs associated with tax projects/audits and
costs consisting of professional consulting or other fees relating to any of the foregoing; plus 
	  	$            

  
  

	1 	 Provided that if any such non-cash charge represents an accrual or
reserve for potential cash items in any future four-fiscal quarter period, (i) such Person may determine not to add back such non-cash charge in the period for which Consolidated EBITDA is being
calculated and (ii) to the extent such Person does decide to add back such non-cash charge, the cash payment in respect thereof in such future four-fiscal quarter period will be subtracted from
Consolidated EBITDA for such future four-fiscal quarter period. 

  

					
		  	D-1-5	  	Form of Compliance Certificate

			
	 (xi) Pro Forma Cost Savings; plus 
	  	$            
		
	 (xii)  amounts included on Schedule 1.01(a) of the Credit Agreement to the extent such
amounts, or amounts of similar type and nature to those listed on Schedule 1.01(a) of the Credit Agreement, without duplication, continue to be applicable during such period; plus 
	  	$            
		
	 (xiii)  the amount of loss or discount on sale of receivables and related assets to
the Receivables Subsidiary in connection with a Receivables Financing; plus 
	  	$            
		
	 (xiv) with respect to any joint venture that is not a Restricted Subsidiary, an amount equal
to the proportion of those items described in clauses (i), (ii) and (iii) relating to such joint venture corresponding to such Person’s and the Restricted Subsidiaries’ proportionate share of such joint venture’s Consolidated Net
Income (determined as if such joint venture were a Restricted Subsidiary) solely to the extent Consolidated Net Income was reduced thereby
	  	$            
		
	 2.1  Total
	  	$            
		
	 3.  decreased (without duplication and to the extent increasing such
Consolidated Net Income for such period) by (i) non-cash gains or income, excluding any non-cash gains that represent the reversal of any accrual of, or cash reserve for, anticipated cash charges that
were deducted (and not added back) in the calculation of Consolidated EBITDA for any prior period ending after the Closing Date and (ii) the amount of any minority interest income consisting of a Subsidiary loss attributable to minority equity
interest of third parties in any non-Wholly Owned Subsidiary (to the extent not deducted from Consolidated Net Income for such period)
	  	$            
		
	 4.  increased (with respect to losses) or decreased (with respect to
gains) by, without duplication, any net realized gains and losses relating to (i) amounts denominated in foreign currencies resulting from the application of FASB ASC 830 (including net realized gains and losses from exchange rate fluctuations
on intercompany balances and balance sheet items, net of realized gains or losses from related Swap Contracts (entered into in the ordinary course of business or consistent with past practice)) or (ii) any other amounts denominated in or
otherwise trued-up to provide similar accounting as if it were denominated in foreign currencies
	  	$            

  

					
		  	D-1-6	  	Form of Compliance Certificate

			
	 5.  increased (with respect to losses) or decreased (with respect to
gains) by, without duplication, any gain or loss relating to Swap Contracts (excluding Swap Contracts entered into in the ordinary course of business or consistent with past practice)2
	  	$            
		
	 6.  Total Consolidated EBITDA
	  	$            

  
  

	2 	 Provided that the Borrowers may, in their sole discretion, elect to not make any adjustment for any item
pursuant to the foregoing clauses (i) through (xiv) above if any such item individually is less than $2,000,000 in any fiscal quarter. 

  

					
		  	D-1-7	  	Form of Compliance Certificate

			
	 B. Consolidated Funded First Lien Indebtedness:
	  	
		
	 1.  Consolidated Funded Indebtedness that is secured by a Lien on the Collateral that
does not rank junior in priority to the Liens on the Collateral securing the Obligations
	  	
		  	$            

  

					
		  	D-1-8	  	 Form of Compliance Certificate

			
	 C. First Lien Net Leverage Ratio:
	  	              :1
		
	 Consolidated Funded First Lien Indebtedness of the Borrower Parties on such date of determination (line I.B.1)
	  	$            
		
	 Minus
	  	
		
	 the unrestricted cash and Cash Equivalents of the Borrower Parties as of such date of determination
	  	$            
		
	 Divided
	  	
	 by
	  	
		
	 Consolidated EBITDA of the Borrower Parties for the four fiscal quarter period most recently then ended for which
financial statements have been delivered pursuant to Section 6.01(a) or (b), as applicable (line I.A.6).
	  	$            

  

					
		  	D-1-9	  	Form of Compliance Certificate

 SCHEDULE 3 

to the Compliance Certificate 

(Supplements to Schedule 5.12 to the Credit Agreement) 

  

					
		  	D-1-10	  	Form of Compliance Certificate 

 SCHEDULE 4 

to the Compliance Certificate 

(Supplements to Schedules II through IV to the Security Agreement) 

  

					
		  	D-1-11	  	Form of Compliance Certificate 

 EXHIBIT E-1 

FORM OF ASSIGNMENT AND ASSUMPTION 

This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the
Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the
“Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (the “Credit Agreement”), receipt of a copy of
which is hereby acknowledged by the Assignee. The Standard Terms and Conditions for Assignment and Assumption set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and
Assumption as if set forth herein in full. 
 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the
Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions for Assignment and Assumption and the Credit Agreement, as of the Effective Date inserted by
the Administrative Agent as contemplated below (the “Effective Date”) (i) all of the Assignor’s rights and obligations as a Lender under the Credit Agreement and any other documents or instruments delivered
pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the respective facilities identified below (including, without limitation, Letters
of Credit and Guaranties included in such facilities) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any
Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the
foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the
rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to the
Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 
  

					
	1.	  	Assignor:	  	                                     
                               
			
	2.	  	Assignee:	  	                                      
                               [and is an Affiliate/Approved Fund of [identify
Lender]]
			
	3.	  	Borrowers:	  	JAGUAR HOLDING COMPANY II, a Delaware corporation (the “Parent Borrower”), and PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (the “Subsidiary
Borrower” and together with the Parent Borrower, the “Borrowers”)
			
	4.	  	Administrative Agent:	  	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as the administrative agent under the Credit Agreement

  

					
		  	E-1-1	  	Form of Assignment and Assumption

					
			
	5.	  	Credit Agreement:	  	The Credit Agreement, dated as of August 18, 2015 (as may be amended, amended and restated, supplemented or otherwise modified from time to time), among the Parent Borrower, the Subsidiary Borrower, JAGUAR HOLDING COMPANY I, a
Delaware corporation, each lender from time to time party thereto (collectively, the “Lenders” and individually, a “Lender”), each L/C Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P.
MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as
Documentation Agent and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer.

  
  

	6.	 Assigned Interest: 

  

													
	 Facility Assigned
	  	Aggregate Amount of
Commitment/Loans
for all Lenders	 	  	Amount of
Commitment/Loans
Assigned	 	  	Percentage
Assigned of
Commitment/Loans	 
	 Revolving Credit Facility
	  	$	             	 	  	$	             	 	  	 	            	% 
	 Term Facility
	  	$	             	 	  	$	             	 	  	 	            	% 

  

							
	7.	  	Trade Date:	  	                                	  	

  

					
	Effective Date:	  	_______________________, 20__ [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]	  	

 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	ASSIGNOR
	[NAME OF ASSIGNOR]

 
			
		
	By:	 	  

		 	Title:

 
			
	
	ASSIGNEE 
	[NAME OF ASSIGNEE]

 
			
		
	By:	 	  

		 	Title:

  

					
		  	E-1-2	  	Form of Assignment and Assumption

 [Consented to and Accepted: 

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, 
 as
Administrative Agent 

			
		
	By:	 	 
	Name:
	Title:

			
		
	By:	 	 
	Name:
	Title:]1

			
	
	[Consented to and Accepted:
	
	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:

			
		
	By:	 	 
	Name:
	Title:

			
	
	Consented to and Accepted:
	
	 JPMORGAN CHASE BANK, N.A.,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:

  

 

	1 	 To be added unless (1) the assignment is in respect of a Term Facility and to a Lender, an Affiliate of a
Lender or an Approved Fund or (2) the assignment is in respect of the Revolving Credit Facility and is to a Revolving Credit Lender, an Affiliate of a Revolving Credit Lender or an Approved Fund related thereto. 

  

					
		 	E-1-3	  	Form of Assignment and Assumption

			
	
	Consented to and Accepted:
	
	 GOLDMAN SACHS BANK USA,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:

			
	
	Consented to and Accepted:
	
	 UBS AG, STAMFORD BRANCH,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:

			
	
	Consented to and Accepted:
	
	 DEUTSCHE BANK AG NEW YORK BRANCH,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:

			
	
	Consented to and Accepted:
	
	 MORGAN STANLEY SENIOR FUNDING, INC.,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:

			
	
	Consented to and Accepted:
	
	 BARCLAYS BANK PLC,

as L/C Issuer

			
		
	By:	 	 
	Name:
	Title:]2

  
  

	2 	 To be added only if the Assignment is in respect of the Revolving Credit Facility. 

  

					
		 	E-1-4	  	Form of Assignment and Assumption

			
	[Consented to and Accepted:
	
	[JAGUAR HOLDING COMPANY II],

			
		
	By:	 	 
	Name:
	Title:

			
	
	 PHARMACEUTICAL PRODUCT DEVELOPMENT,

LLC],

			
		
	By:	 	 
	Name:
	Title:]3

			
	
	[Acknowledged:
	
	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,

as Administrative Agent

			
		
	By:	 	 
	Name:
	Title:

			
		
	By:	 	 
	Name:
	Title:]4

  
  

	3 	 To be added unless (1) an Event of Default under Section 8.01(a), (f) or (g) of the Credit
Agreement has occurred and is continuing at the time of assignment, (2) such assignment is in respect of a Term Facility and is to a Lender, an Affiliate of a Lender or an Approved Fund (other than any Disqualified Institution, to the extent
the list of Disqualified Institutions has been made available to the Lenders) or (3) such assignment is in respect of the Revolving Credit Facility and is to a Revolving Credit Lender, an Affiliate of a Revolving Credit Lender or an Approved
Fund related thereto (other than any Disqualified Institution, to the extent the list of Disqualified Institutions has been made available to the Lenders). 

	4 	 To be added if consent from the Administrative Agent is not required. 

  

					
		 	E-1-5	  	Form of Assignment and Assumption

 ANNEX 1 TO ASSIGNMENT AND ASSUMPTION 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 
 1.
Representations and Warranties. 
 1.1. Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial
owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment
and Assumption and to consummate the transactions contemplated hereby and (iv) it is not a “Defaulting Lender”, as such term is defined in the Credit Agreement; (b) assumes no responsibility with respect to (i) any
statements, warranties or representations made in or in connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any
collateral thereunder, (iii) the financial condition of the Borrowers, any of their Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrowers, any of
their Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document; and (c) only to the extent that it is an “Other Affiliate”, as defined the Credit Agreement, hereby affirms the No
Undisclosed Information Representation. 
 1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it is not an Affiliate Lender,
(iii) it meets all requirements of an Eligible Assignee under the Credit Agreement (subject to receipt of such consents as may be required under the Credit Agreement), (iv) from and after the Effective Date, it shall be bound by the provisions
of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (v) it has received or has been accorded the opportunity to receive a copy of the Credit Agreement,
together with copies of the most recent financial statements delivered pursuant to Section 6.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter
into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, (vi) it has delivered a
true and complete Administrative Questionnaire substantially in the form of Exhibit E-3 to the Credit Agreement, (vii) if it is a Foreign Lender, attached hereto is any documentation required to be delivered by it pursuant to the terms of the
Credit Agreement, duly completed and executed by the Assignee, (viii) it is not a “Defaulting Lender”, as such term is defined in the Credit Agreement, (ix) it is sophisticated with respect to decisions to acquire assets of the
type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire such Assigned Interest, is experienced in acquiring assets of such type and (x) appoints and authorizes the
Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and other Loan Documents as are delegated to or otherwise conferred upon the Administrative Agent, as the case may be, by the
terms thereof, together with such powers as are reasonably incidental thereto; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by
the terms of the Loan Documents are required to be performed by it as a Lender. 
  

  

					
		  	E-1-6	  	Form of Assignment and Assumption

 2. Payments. From and after the Effective Date, the Administrative Agent shall make all
payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued
from and after the Effective Date. 
 3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit
of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page
of this Assignment and Assumption by telecopy or other electronic means shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. THIS ASSIGNMENT AND ASSUMPTION SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 

 

  

					
		  	E-1-7	  	Form of Assignment and Assumption

 EXHIBIT E-2 

FORM OF AFFILIATE LENDER ASSIGNMENT AND ASSUMPTION 

This Affiliate Lender Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date
set forth below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein
shall have the meanings given to them in the Credit Agreement identified below (the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions for Affiliate
Lender Assignment and Assumption set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases
and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (the “Effective
Date”) (i) all of the Assignor’s rights and obligations as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified
below of all of such outstanding rights and obligations of the Assignor under the respective facilities identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other
right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions
governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and
obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”).
Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 

 

					
	1.	  	Assignor:	  	                                      
                      
			
	2.	  	Assignee:	  	                                      
                       [and is an Other Affiliate]
			
	3.	  	Borrower:	  	JAGUAR HOLDING COMPANY II, a Delaware corporation (the “Parent Borrower”), and PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (the “Subsidiary Borrower”
and together with the Parent Borrower, the “Borrowers”)
			
	4.	  	Administrative Agent:    	  	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as the administrative agent under the Credit Agreement
			
	5.	  	Credit Agreement:	  	The Credit Agreement, dated as of August 18, 2015 (as may be amended, amended and restated, supplemented or otherwise modified from time to time), among the Parent Borrower, the Subsidiary Borrower, JAGUAR HOLDING COMPANY I, a
Delaware corporation, each lender from time to time party thereto (collectively, the “Lenders” and individually, a “Lender”), each L/C Issuer
party

  

					
		  	E-2-1	  	Form of Affiliate Lender
		  		  	Assignment and Assumption

					
		  		  	 thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES
INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent,
Collateral Agent and a L/C Issuer.

  

	6.	 Assigned Interest: 

  

													
	 Facility Assigned
	  	Aggregate Amount of
Commitment/Loans
for all Lenders	 	  	Amount of
Commitment/Loans
Assigned	 	  	Percentage
Assigned of
Commitment/Loans	 
	 Term Facility
	  	$	             	 	  	$	             	 	  	 	%            	 

  

	7.	 Trade Date: _____________________________ 

 

			
	Effective Date:        	  	_________________, 20__ [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.]

 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	ASSIGNOR
	[NAME OF ASSIGNOR]
		
	By:	 	            
		 	Title:
	
	ASSIGNEE
	[NAME OF ASSIGNEE]
		
	By:	 	            
		 	Title:

 Acknowledged: 
  

			
	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
as Administrative Agent

		
	By:	 	                
	Name:	 	
	Title:

  

					
		  	E-2-2	  	 Form of Affiliate Lender

Assignment and Assumption

			
	By:	 	
                     
                                        

			
	Name:	 	
	Title:	 	
	
	[Consented to:
	
	[JAGUAR HOLDING COMPANY II],
		
	By:	 	
                     
                                        

			
	Name:	 	
	Title:	 	
	
	 PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC],

		
	By:	 	
                     
                                        

			
	Name:	 	
	Title:]1	 	

  

	1 	 To be added unless (1) an Event of Default under Section 8.01 (a), (f) or (g) of the Credit
Agreement has occurred and is continuing at the time of assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund (other than any Disqualified Institution, to the extent the list of Disqualified Institutions
has been made available to the Lenders). 

  

  

					
		  	E-2-3	  	Form of Affiliate Lender
		  		  	Assignment and Assumption

 ANNEX 1 TO AFFILIATE LENDER ASSIGNMENT AND ASSUMPTION 

STANDARD TERMS AND CONDITIONS FOR 

AFFILIATE LENDER ASSIGNMENT AND ASSUMPTION 

1. Representations and Warranties. 

1.1. Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest,
(ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to
consummate the transactions contemplated hereby, and (iv) it is not a “Defaulting Lender”, as such term is defined in the Credit Agreement; and (b) assumes no responsibility with respect to (i) any statements, warranties or
representations made in or in connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder,
(iii) the financial condition of the Borrowers, any of their Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrowers, any of their Subsidiaries or
Affiliates or any other Person of any of their respective obligations under any Loan Document. 
 1.2. Assignee. The Assignee
(a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender
under the Credit Agreement, (ii) it is an Other Affiliate, (iii) [after giving effect to this Assignment and Assumption, the aggregate principal amount of all Term Loans, Specified Refinancing Loans and New Term Loans held by all Other
Affiliates (other than Debt Fund Affiliates) constitutes less than 25% of the aggregate principal amount of all Term Loans then outstanding,]2 (iv) from and after the Effective Date, it shall be
bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (v) it has received or has been accorded the opportunity to receive a copy of
the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Section 6.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis
and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender,
(vi) it has delivered a true and complete Administrative Questionnaire substantially in the form of Exhibit E-3 to the Credit Agreement, (vii) if it is a Foreign Lender, attached hereto is any documentation required to be delivered by it
pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee, (viii) it is not a “Defaulting Lender”, as such term is defined in the Credit Agreement, (ix) it is sophisticated with respect to
decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire such Assigned Interest, is experienced in acquiring assets of such type and
(x) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and other Loan Documents as are delegated to or otherwise conferred upon the Administrative
Agent, as the case may be, by the terms thereof, together with such powers as are reasonably incidental thereto; (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender,
and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all
of 
  

	2 	 To be excluded for any Assignee that is a Debt Fund Affiliate 

 

  

					
		  	E-2-4	  	Form of Affiliate Lender
		  		  	Assignment and Assumption

 
the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender; (c) [hereby affirms the No Undisclosed Information Statement]3 and (d) shall at all times be subject to the voting restrictions set forth in Section 10.01 of the Credit Agreement. For the avoidance of doubt, Lenders shall not be permitted to assign
Revolving Credit Commitments or Revolving Credit Loans to any Affiliate Lender. The Assignee further acknowledges and agrees that it shall not have any right to (i) attend (including by telephone) any meeting or discussions (or portion thereof)
among the Administrative Agent or any Lender to which representatives of the Borrowers are not then present or (ii) receive any information or material prepared by the Administrative Agent or any Lender or any communication by or among
Administrative Agent and one or more Lenders, except to the extent such information or materials have been made available to the Borrowers or their representatives. 

2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including
payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. 

3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their
respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and
Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. THIS ASSIGNMENT AND ASSUMPTION SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK
WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 

 

	3 	 To be excluded for any Assignee that is a Debt Fund Affiliate 

  

					
		  	E-2-5	  	 Form of Affiliate Lender

Assignment and Assumption

 EXHIBIT E-3 

FORM OF ADMINISTRATIVE QUESTIONNAIRE 

[                    ] 

 

  

					
		  	E-3-1	  	Form of Administrative Questionnaire

 EXHIBIT F-1 

FORM OF HOLDINGS GUARANTY 

[                    ] 

  

					
		  	    	  	Holdings Guaranty 

 EXHIBIT F-2 

FORM OF SUBSIDIARY GUARANTY 

[                ] 

  

					
		  		  	Subsidiary Guaranty

 EXHIBIT G 

FORM OF SECURITY AGREEMENT 

[                ] 

 EXHIBIT I 

FORM OF SOLVENCY CERTIFICATE 

[            ], 201[    ] 

To the Administrative Agent and each of the Lenders party to the Credit Agreement referred to below: 

I, the undersigned, [●], the [chief financial officer or similar officer, director, manager or authorized signatory] of JAGUAR HOLDING
COMPANY II, a Delaware corporation (the “Parent Borrower”), in that capacity only and not in my individual capacity (and without personal liability), do hereby certify as of the date hereof, and based upon facts
and circumstances as they exist as of the date hereof (and disclaiming any responsibility for changes in such facts and circumstances after the date hereof), that: 

1. This solvency certificate (this “Certificate”) is furnished to the Administrative Agent and the Lenders pursuant to
Section 4.01(a)(vi) of the Credit Agreement, dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Parent
Borrower, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company, JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto (collectively, the “Lenders”), each L/C
Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and
Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. Unless otherwise defined herein, capitalized terms used in
this certificate shall have the meanings set forth in the Credit Agreement. 
 2. For purposes of this certificate, the terms below shall
have the following definitions: 
 (a) “Fair Value” 

The amount at which the assets (both tangible and intangible), in their entirety, of the Parent Borrower and its subsidiaries taken as a whole
would change hands between a willing buyer and a willing seller, within a commercially reasonable period of time, each having reasonable knowledge of the relevant facts, with neither being under any compulsion to act. 

(b) “Present Fair Salable Value” 

The amount that could be obtained by an independent willing seller from an independent willing buyer if the assets of the Parent Borrower and
its subsidiaries taken as a whole were sold with reasonable promptness in an arm’s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions can be reasonably evaluated. 

(c) “Liabilities” 
 The
recorded liabilities (including contingent liabilities that would be recorded in accordance with GAAP) of the Parent Borrower and its subsidiaries taken as a whole, as of the date hereof after giving effect to the consummation of the Transactions,
determined in accordance with GAAP consistently applied. 

  

					
		  	I-1	  	Form of Solvency Certificate

 (d) “Will be able to pay their Liabilities as they mature” 

For the period from the date hereof through the Maturity Date, the Parent Borrower and its subsidiaries taken as a whole will have sufficient
assets and cash flow to pay their Liabilities as those liabilities mature or (in the case of contingent Liabilities) otherwise become payable, in light of business conducted or anticipated to be conducted by the Parent Borrower and its subsidiaries
as reflected in the projected financial statements and in light of the anticipated credit capacity. 
 (e) “Do not have Unreasonably
Small Capital” 
 The Parent Borrower and its subsidiaries, taken as a whole after consummation of the Transactions, is a going concern
and has sufficient capital to reasonably ensure that it will continue to be a going concern for the period from the date hereof through the Maturity Date. I understand that “unreasonably small capital” depends upon the nature of the
particular business or businesses conducted or to be conducted, and I have reached my conclusion based on the needs and anticipated needs for capital of the business conducted or anticipated to be conducted by the Parent Borrower and its
subsidiaries as reflected in the projected financial statements and in light of the anticipated credit capacity. 
 3. For purposes of this
certificate, I, or officers of the Parent Borrower under my direction and supervision, have performed the following procedures as of and for the periods set forth below. 

(a) I have reviewed the financial statements referred to in Section 5.05 of the Credit Agreement. 

(b) I have knowledge of and have reviewed to my satisfaction the Credit Agreement. 

4. As [chief financial officer or similar officer, director, manager or authorized signatory] of the Parent Borrower I am familiar with the
financial condition of the Parent Borrower and its subsidiaries. 
 5. Based on and subject to the foregoing, I hereby certify on behalf of
the Parent Borrower that after giving effect to the consummation of the Transactions, it is my opinion that (i) the Fair Value of the assets of the Parent Borrower and its subsidiaries taken as a whole exceeds their Liabilities, (ii) the
Present Fair Salable Value of the assets of the Parent Borrower and its subsidiaries taken as a whole exceeds their Liabilities; (iii) the Parent Borrower and its subsidiaries taken as a whole do not have Unreasonably Small Capital; and
(iv) the Parent Borrower and its subsidiaries taken as a whole will be able to pay their Liabilities as they mature. 
 * * * 

  

					
		  	I-2	  	Form of Solvency Certificate

 IN WITNESS WHEREOF, the Parent Borrower has caused this certificate to be executed on its
behalf by [the chief financial officer or similar officer, director, manager or authorized signatory] as of the date first written above. 
  

			
	JAGUAR HOLDING COMPANY II
		
	By:	 	          

	Name:	 	  

	Title:	 	  

  

					
		  	I-3	  	Form of Solvency Certificate

 EXHIBIT J 

INTERCOMPANY SUBORDINATION AGREEMENT 

Dated as of [                     ], 2015

 (A) Reference is made to (i) that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated,
supplemented or otherwise modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability
company, JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto, each L/C Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC,
DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, Malayan Banking Berhad, New York Branch, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as
Administrative Agent, Collateral Agent and a L/C Issuer, and (ii) any related notes, guarantees, collateral documents, instruments and agreements executed in connection with the Credit Agreement, and in each case as amended, modified, renewed,
refunded, replaced, restated, restructured, increased, supplemented or refinanced in whole or in part from time to time, regardless of whether such amendment, modification, renewal, refunding, replacement, restatement, restructuring, increase,
supplement or refinancing is with the same lenders or holders, agents or otherwise. Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to such term in the Credit Agreement. 

(B) All Indebtedness of each of the undersigned (in such capacity for the purposes of this Intercompany Subordination Agreement, an
“Obligor”) to each of the other undersigned (in such capacity for the purposes of this Intercompany Subordination Agreement, a “Subordinated Creditor”) now or hereafter existing (whether
created directly or acquired by assignment or otherwise), and all interest, premiums, costs, expenses or indemnification amounts thereon or payable in respect thereof or in connection therewith, are hereinafter referred to as the
“Subordinated Debt”. 
 (C) This Intercompany Subordination Agreement is entered into and delivered
pursuant to Section 4.01(a)(i) and to the extent applicable, Section 7.01(g) and/or (i) of the Credit Agreement. 
 SECTION
1. Subordination. Each Subordinated Creditor and each Obligor agrees that the Subordinated Debt is and shall be subordinate and junior in right of payment, to the extent and in the manner hereinafter set forth, to the prior payment in full in
cash of all Obligations of any such Obligor now or hereafter existing under the Credit Agreement and the other Loan Documents. For the purposes of this Intercompany Subordination Agreement, the Obligations shall not be deemed to have been paid in
full until the latest of: (i) the termination of the Aggregate Commitment and the payment in full in cash of the Obligations and all other amounts (other than contingent indemnification obligations as to which no claim has been asserted and
obligations and liabilities under Secured Cash Management Agreements and Secured Hedge Agreements as to which arrangements satisfactory to the applicable Cash Management Bank or Hedge Bank shall have been made) payable under the Credit Agreement and
the other Loan Documents and (ii) the latest date of expiration or termination of all Letters of Credit (other than Letters of Credit which have been Cash Collateralized or arrangements satisfactory to the L/C Issuer that issued such Letters of
Credit shall have been made). 

  

					
		  		  	Intercompany Subordination Agreement

 SECTION 2. Events of Subordination. (a) In the event of any dissolution, winding
up, liquidation, arrangement, reorganization, adjustment, protection, relief or composition of any Obligor or its debts, whether voluntary or involuntary, in any bankruptcy, insolvency, arrangement, reorganization, receivership, relief or other
similar case or proceeding under any Debtor Relief Law or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of any Obligor or otherwise, the Secured Parties shall be entitled to receive payment in
full of the Obligations before any Subordinated Creditor is entitled to receive any payment of, or distribution of any kind or character on account of, all or any of the Subordinated Debt, and any payment or distribution of any kind or character
(whether in cash, property or securities) that otherwise would be payable or deliverable upon or with respect to the Subordinated Debt in any such case, proceeding, assignment, marshalling or otherwise (including any payment that may be payable by
reason of any other indebtedness of such Obligor being subordinated to payment of the Subordinated Debt) shall be paid or delivered directly to the Administrative Agent for the account of the Secured Parties for application (in the case of cash) to,
or as collateral (in the case of non-cash property or securities) for, the payment or prepayment of the Obligations until the Obligations shall have been paid in full. 

(b) In the event that (i) any Event of Default described in Section 8.01(a) or (f) of the Credit Agreement shall have occurred
and be continuing or (ii) any judicial proceeding shall be pending with respect to any Event of Default, then no payment (including any payment that may be payable by reason of any other indebtedness of any Obligor being subordinated to payment
of the Subordinated Debt) or distribution of any kind or character shall be made by or on behalf of any Obligor for or on account of any Subordinated Debt, and no Subordinated Creditor shall take or receive from any Obligor, directly or indirectly,
in cash or other property or securities or by set-off or in any other manner, including, without limitation, from or by way of collateral, payment of all or any of the Subordinated Debt, unless and until (x) the Obligations shall have been paid
in full or (y) such Event of Default shall have been cured or waived. 
 (c) In the event that any Event of Default (other than an Event
of Default described in Section 8.01(a) or (f) of the Credit Agreement) shall have occurred and be continuing and the Administrative Agent gives written notice thereof to each Subordinated Creditor, then no payment (including any payment
that may be payable by reason of any other indebtedness of any Obligor being subordinated to payment of the Subordinated Debt) or distribution of any kind or character shall be made by or on behalf of any Obligor for or on account of any
Subordinated Debt, and no Subordinated Creditor shall take or receive from any Obligor, directly or indirectly, in cash or other property or securities or by set-off or in any other manner, including, without limitation, from or by way of
collateral, payment of all or any of the Subordinated Debt, unless and until (x) the Obligations shall have been paid in full or (y) such Event of Default shall have been cured or waived. 

(d) Except as otherwise set forth in Sections 2(a) through (c) above, any Obligor is permitted to pay, and any Subordinated Creditor is
entitled to receive, any payment or prepayment of principal and interest on the Subordinated Debt as permitted by the Credit Agreement. 

  

					
		  		  	Intercompany Subordination Agreement
		  	2	  	

 SECTION 3. In Furtherance of Subordination. Each Subordinated Creditor agrees as
follows: 
 (a) If any proceeding referred to in Section 2(a) above is commenced by or against any Obligor, 

(i) the Administrative Agent is hereby irrevocably authorized and empowered (in its own name or in the name of each
Subordinated Creditor or otherwise), but shall have no obligation, to demand, sue for, collect and receive every payment or 
 distribution
referred to in Section 2(a) and give acquittance therefor and to file claims and proofs of claim and take such other action (including, without limitation, voting the Subordinated Debt or enforcing any security interest or other lien securing
payment of the Subordinated Debt) as it may deem necessary or advisable for the exercise or enforcement of any of the rights or interests of the Administrative Agent or the other Secured Parties; and 

(ii) each Subordinated Creditor shall duly and promptly take such action as the Administrative Agent may request (A) to
collect the Subordinated Debt for the account of the Secured Parties and to file appropriate claims or proofs of claim in respect of the Subordinated Debt, (B) to execute and deliver to the Administrative Agent such powers of attorney,
assignments, or other instruments as the Administrative Agent may request in order to enable the Administrative Agent to enforce any and all claims with respect to, and any security interests and other liens securing payment of, the Subordinated
Debt, and (C) to collect and receive any and all payments or distributions which may be payable or deliverable upon or with respect to the Subordinated Debt. 

(b) All payments or distributions upon or with respect to the Subordinated Debt which are received by each Subordinated Creditor contrary to
the provisions of this Intercompany Subordination Agreement shall be received and thereafter held in trust for the benefit of the Secured Parties, shall be segregated from all other funds and property held by such Subordinated Creditor and shall be
forthwith paid over to the Administrative Agent for the account of the Secured Parties in the same form as so received (with any necessary indorsement) to be applied (in the case of cash) to, or held as Collateral (in the case of non-cash property
or securities) for, the payment or prepayment of the Obligations in accordance with the terms of the Credit Agreement. 
 (c) The
Administrative Agent is hereby authorized to demand specific performance of this Intercompany Subordination Agreement, whether or not any Obligor shall have complied with any of the provisions hereof applicable to it, at any time when any
Subordinated Creditor shall have failed to comply with any of the provisions of this Intercompany Subordination Agreement applicable to it. Each Subordinated Creditor hereby irrevocably waives any defense based on the adequacy of a remedy at law,
which might be asserted as a bar to such remedy of specific performance. 
 (d) In any case commenced by or against Holdings or any
Subsidiary of Holdings pursuant to any Debtor Relief Law or any similar federal, foreign, state or local statute (a “Reorganization Proceeding”), to the extent not prohibited by applicable law, the
Administrative Agent shall have the exclusive right to exercise any voting rights in respect of the claims of such Subordinated Creditor against Holdings or any Subsidiary of Holdings. 

(e) If, at any time, all or part of any payment with respect to Obligations theretofore made (whether by Holdings, the Borrowers, any other
Loan Party or any other Person or enforcement of any right of setoff or otherwise) is rescinded, avoided or must otherwise be returned by the holders of Obligations for any reason whatsoever (including, without limitation, the insolvency, bankruptcy
or reorganization of Holdings, the Borrowers, any other Loan Party or such other Persons or as the result of any avoidance or other actions commenced therein), the provisions set forth herein shall continue to be effective or be reinstated, as the
case may be, all as though such payment had not been made. 

  

					
		  		  	Intercompany Subordination Agreement
		  	3	  	

 (f) Each Subordinated Creditor shall not object to the entry of any order or orders
approving any cash collateral stipulations, adequate protection stipulations or similar stipulations executed by the Secured Parties in any Reorganization Proceeding or any other proceeding under any Debtor Relief Law. 

SECTION 4. Rights of Subrogation. Each Subordinated Creditor agrees that no payment or distribution to the Administrative Agent or the
other Secured Parties pursuant to the provisions of this Intercompany Subordination Agreement shall entitle such Subordinated Creditor to exercise any right of subrogation in respect thereof until the Obligations shall have been paid in full in cash
(other than (x) contingent indemnification obligations as to which no claim has been asserted, (y) obligations and liabilities under Secured Cash Management Agreements and Secured Hedge Agreements as to which arrangements satisfactory to
the applicable Cash Management Bank or Hedge Bank shall have been made and (z) outstanding Letters of Credit which have been Cash Collateralized (or arrangements satisfactory to the L/C Issuer that issued such Letters of Credit shall have been
made)). 
 SECTION 5. Further Assurances. Each Subordinated Creditor and each Obligor will, at its expense and at any time and from
time to time, promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that the Administrative Agent may reasonably request in writing, in order to protect any right or
interest granted or purported to be granted hereby or to enable the Administrative Agent or any Secured Parties to exercise and enforce its rights and remedies hereunder. 

SECTION 6. Agreements in Respect of Subordinated Debt. No Subordinated Creditor will, sell, assign, pledge, encumber or otherwise
dispose of any of the Subordinated Debt unless such sale, assignment, pledge, encumbrance or disposition is made subject to this Intercompany Subordination Agreement. 

SECTION 7. Agreement by the Obligors. Each Obligor agrees that it will not make any payment of, or other distribution of any kind or
character on account of, any of the Subordinated Debt, or take any other action, in each case, if such payment, distribution, or other action would be in contravention of the provisions of this Intercompany Subordination Agreement. 

SECTION 8. Obligations Hereunder Not Affected. All rights and interests of the Administrative Agent and the other Secured Parties, and
all agreements and obligations of each Subordinated Creditor and each Obligor under this Intercompany Subordination Agreement, shall remain in full force and effect irrespective of: 

 

	 	(i)	 any amendment, extension, renewal,compromise, discharge, acceleration or other change in the time for payment
or the terms of the Obligations or any part thereof; 

  

	 	(ii)	 any taking, holding, exchange, enforcement, waiver, release, failure to perfect, sell or otherwise dispose of
any security for payment of any Guaranty or any Obligations; 

  

	 	(iii)	 the application of security and directing the order or manner of sale thereof as the Administrative Agent and
the Secured Parties in their sole discretion may determine; 

  

	 	(iv)	 the release or substitution of one or more of any endorsers or other guarantors of any of the Obligations;

  

					
		  		  	Intercompany Subordination Agreement
		  	4	  	

	 	(v)	 the taking of, or failure to take any action which might in any manner or to any extent vary the risks of any
Obligor or which, but for this Section 8 might operate as a discharge of such Obligor; 

  

	 	(vi)	 any defense arising by reason of any disability, change in corporate existence or structure or other defense of
any Obligor, any other Guarantor or a Subordinated Creditor, the cessation from any cause whatsoever (including any act or omission of any Secured Party) of the liability of such Obligor, any other Guarantor or a Subordinated Creditor;

  

	 	(vii)	 any defense based on any claim that such Obligor’s or Subordinated Creditor’s obligations exceed or
are more burdensome than those of any Obligor, any other Guarantor or any other subordinated creditor, as applicable; 

  

	 	(viii)	 the benefit of any statute of limitations affecting such Obligor’s or Subordinated Creditor’s
liability hereunder; 

  

	 	(ix)	 any right to proceed against any Obligor, proceed against or exhaust any security for any Obligations, or
pursue any other remedy in the power of any Secured Party, whatsoever; 

  

	 	(x)	 any benefit of and any right to participate in any security now or hereafter held by any Secured Party; and

  

	 	(xi)	 to the fullest extent permitted by law, any and all other defenses or benefits that may be derived from or
afforded by applicable law limiting the liability of or exonerating guarantors or sureties. 

 This Intercompany Subordination Agreement
shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any of the Obligations is rescinded, avoided, or must otherwise be returned by the Administrative Agent or any Secured Party upon the insolvency,
bankruptcy or reorganization of any Obligor or otherwise, all as though such payment had not been made. 
 SECTION 9. Treatment of
Guaranty and Security of Subordinated Debt. Any payments or distributions of any kind or character made to, or received by, any Subordinated Creditor in respect of any guaranty or security in support of the Subordinated Debt shall be subject to
the terms of this Intercompany Subordination Agreement and applied on the same basis as payments or distributions made directly by the obligor under such Subordinated Debt. To the extent that Holdings or any of its Subsidiaries (other than the
respective obligor or obligors which are already parties hereto) provide a guaranty or any security in support of any Subordinated Debt, the party which is the lender of the respective Subordinated Debt will cause each such Person to become a party
hereto (if such Person is not already a party hereto) not later than the date of the execution and delivery of the respective guaranty or security documentation (or such later date as the Administrative Agent may agree in its sole discretion);
provided that any failure to comply with the foregoing requirements of this Section 9 will have no effect whatsoever on the subordination provisions contained herein (which shall apply to all payments or distributions received with
respect to any guaranty or security for any Subordinated Debt, whether or not the Person furnishing such guaranty or security is a party hereto). 

  

					
		  		  	Intercompany Subordination Agreement
		  	5	  	

 SECTION 10. Treatment of Intercompany Debt and Release upon a Distressed Disposal.
(a) In addition to the foregoing agreements, each party hereto hereby acknowledges and agrees that, with respect to all Indebtedness, payables or other obligations, whether now existing or hereafter incurred, owed by Holdings or any Subsidiary
of Holdings to Holdings or any other Subsidiary of Holdings (“Intercompany Debt”) (whether or not same constitutes Subordinated Debt), that (x) such Intercompany Debt (and any promissory notes or other
instruments evidencing same) may be pledged, and delivered for pledge, by Holdings or any other Loan Parties pursuant to any Collateral Document or any other Obligations to which Holdings or its Subsidiaries are, or at any time in the future become,
a party and (y) with respect to all Intercompany Debt so pledged, the Collateral Agent shall be entitled to exercise all rights and remedies with respect to such Intercompany Debt to the maximum extent provided in the Collateral Documents (in
accordance with the terms thereof and subject to the requirements of applicable law). Furthermore, with respect to all Intercompany Debt at any time owed to Holdings or any other Loan Party, and notwithstanding anything to the contrary contained in
the terms of such Intercompany Debt, each obligor (including any guarantor) and obligee with respect to such Intercompany Debt hereby agrees, for the benefit of the holders from time to time of the Obligations, that the Administrative Agent or the
Collateral Agent may at any time the Collateral Agent or Administrative Agent has exercised remedies pursuant to any Loan Document, and from time to time, accelerate the maturity of such Intercompany Debt if (x) any obligor (including any
guarantor) of such Intercompany Debt is subject to any voluntary or involuntary receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding or other similar proceeding pursuant
to Title 11 of the United States Code or other applicable federal, foreign, state or local law or upon an assignment for the benefit of creditors (a “Bankruptcy Proceeding”) or (y) any Event of Default
under the Credit Agreement, or any event of default under, and as defined in, any other Obligations (or the documentation governing the same), shall have occurred and be continuing. Any such acceleration of the maturity of any Intercompany Debt
shall be made by written notice by the Administrative Agent or Collateral Agent to the obligor on the respective Intercompany Debt; provided that no such notice shall be required (and the acceleration shall automatically occur) either upon
the occurrence of a Bankruptcy Proceeding with respect to the respective obligor (or any guarantor) of the respective Intercompany Debt or upon (or following) any acceleration of the maturity of any Loans pursuant to the Credit Agreement. 

(b) If a Distressed Disposal is being effected, the Collateral Agent is irrevocably authorized (at the cost of the relevant Loan Party and
without any consent, sanction, authority or further confirmation from any Secured Party or Loan Party): (i) if the asset which is disposed of consists of shares in the capital of a Loan Party, to release, on behalf of the relevant Subordinated
Creditors, (x) that Loan Party and any Subsidiary of that Loan Party from all or any part of its Subordinated Debt and (y) any other claim of any Subordinated Creditor over that Loan Party’s assets or over the assets of any Subsidiary
of that Loan Party; (ii) if the asset which is disposed of consists of shares in the capital of any Holding Company of a Loan Party, to release, on behalf of the relevant Subordinated Creditors, (x) that Holding Company and any Subsidiary
of that Holding Company from all or any part of its Subordinated Debt and (y) any other claim of any Subordinated Creditor over the assets of any Subsidiary of that Holding Company; and (iii) if the asset which is disposed of consists of
shares in the capital of a Loan Party or the Holding Company of a Loan Party (the “Disposed Entity”) and the Collateral Agent decides to transfer to another Loan Party (the “Receiving
Entity”) all or any part of the Disposed Entity’s obligations or any obligations of any Subsidiary of that Disposed Entity in respect of Subordinated Debt, to execute and deliver or enter into any agreement to (x) agree
to the transfer of all or part of the obligations in respect of such Subordinated Debt on behalf of the relevant Subordinated Creditors to which those obligations are owed and on behalf of the Loan Parties which owe those obligations, and
(y) accept the transfer of all or part of the obligations in respect of such Subordinated Debt on behalf of the Receiving Entity or Receiving Entities to which the obligations in respect of such Subordinated Debt is to be transferred, and
(iv) if the asset which is disposed of consists of an asset of any Obligor, to release, on behalf of the relevant Subordinated Creditors, any liens or other security interests on such asset held or granted to such Subordinated Creditor. 

  

					
		  		  	Intercompany Subordination Agreement
		  	6	  	

 (c) Defined Terms. As used in this Section 10, the following terms shall have the
following meanings: 
 “Acceleration Event” shall mean the Administrative Agent
exercising any of its rights under Section 8.02 of the Credit Agreement. 
 “Disposed
Entity” shall have the meaning provided in Section 10(b) of this Intercompany Subordination Agreement. 

“Distress Event” shall mean any of: (a) an Acceleration Event; or (b) the
enforcement of any Collateral Document after delivery of any notice required under the applicable Collateral Document. 

“Distressed Disposal” shall mean a disposal of an asset of a Loan Party which is:
(a) being effected in circumstances where the applicable Collateral Document has become enforceable after delivery of any notice required under the applicable Collateral Document; (b) being effected by enforcement of a Collateral Document
after delivery of any notice required under the applicable Collateral Document; or (c) being effected, after the occurrence of a Distress Event, by a Loan Party to a person or persons which is not a Loan Party. 

“Holding Company” shall mean, in relation to a company or corporation, any other company
or corporation of which it is a Subsidiary. 
 “Receiving Entity” shall have the
meaning provided in Section 10(b) of this Intercompany Subordination Agreement. 
 SECTION 11. Waiver. Each Subordinated
Creditor and each Obligor hereby waive promptness, diligence, notice of acceptance and any other notice with respect to any of the Obligations and this Intercompany Subordination Agreement and any requirement that the Administrative Agent or any
other Secured Party protect, secure, perfect or insure any security interest or lien or any property subject thereto (unless otherwise required by the Credit Agreement or the other Loan Documents) or exhaust any right or take any action against any
Obligor or any other person or entity or any collateral. 
 SECTION 12. Amendments, Etc. No amendment or waiver of any provision of
this Intercompany Subordination Agreement, and no consent to any departure by any Subordinated Creditor or any Obligor herefrom, shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent, such Obligor
and each Subordinated Creditor, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. 

SECTION 13. Addresses for Notices. All communications and notices hereunder shall (except as otherwise expressly permitted herein) be
in writing and given as provided in Section 10.02 of the Credit Agreement. 
  

  

					
		  		  	Intercompany Subordination Agreement
		  	7	  	

 SECTION 14. No Waiver; Remedies; Conflict of Terms. No failure on the part of the
Administrative Agent or any other Secured Party to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise
thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law. In the event of any conflict between the terms of this Intercompany Subordination Agreement and the terms of
the Credit Agreement, the terms of the Credit Agreement shall govern. 
 SECTION 15. Joinder. Upon execution and delivery after the
date hereof by any Restricted Subsidiary of a joinder agreement in substantially the form of Exhibit A hereto, each such Restricted Subsidiary shall become an Obligor and/or a Subordinated Creditor, as applicable, hereunder with the same
force and effect as if originally named as an Obligor or a Subordinated Creditor, as applicable, hereunder. The rights and obligations of each Obligor and each Subordinated Creditor hereunder shall remain in full force and effect notwithstanding the
addition of any new Obligor or Subordinated Creditor as a party to this Intercompany Subordination Agreement. 
 SECTION 16. Governing
Law;Jurisdiction; Etc. (a) THIS INTERCOMPANY SUBORDINATION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING
SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. 
 (b) EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS
PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN THE STATE, COUNTY AND CITY OF NEW YORK IN THE BOROUGH OF MANHATTAN AND OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK SITTING IN THE
BOROUGH OF MANHATTAN, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS INTERCOMPANY SUBORDINATION AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO
IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION 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 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 INTERCOMPANY SUBORDINATION
AGREEMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER, ANY OTHER SECURED PARTY OR ANY L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS INTERCOMPANY SUBORDINATION AGREEMENT AGAINST THE BORROWER OR
ANY OTHER LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
 (c) EACH PARTY HERETO 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 INTERCOMPANY SUBORDINATION AGREEMENT 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. 

  

					
		  		  	Intercompany Subordination Agreement
		  	8	  	

 (d) EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 13 OF THIS INTERCOMPANY SUBORDINATION AGREEMENT. NOTHING IN THIS INTERCOMPANY SUBORDINATION AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

(e) EACH PARTY TO THIS INTERCOMPANY SUBORDINATION AGREEMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR
CAUSE OF ACTION ARISING UNDER THIS INTERCOMPANY SUBORDINATION AGREEMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY OF THEM WITH RESPECT TO THIS INTERCOMPANY SUBORDINATION AGREEMENT, OR THE
TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE
DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS INTERCOMPANY SUBORDINATION AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 16(e) WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO
THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 SECTION 17. Counterparts; Effectiveness. This Intercompany Subordination Agreement 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 Intercompany Subordination Agreement
shall become effective when it shall have been executed by the Obligors, the Subordinated Creditors and each Administrative Agent and thereafter shall be binding upon and inure to the benefit of each Obligor, each Subordinated Creditor, each Agent,
each other Secured Party and their respective permitted successors and assigns, subject to Section 6 hereof. Delivery of an executed counterpart of a signature page of this Intercompany Subordination Agreement by telecopy or other electronic
imaging means (including in .pdf format via electronic mail) shall be effective as delivery of a manually executed counterpart of this Intercompany Subordination Agreement. 

[Remainder of page left intentionally blank] 

  

					
		  		  	Intercompany Subordination Agreement
		  	9	  	

 IN WITNESS WHEREOF, each Subordinated Creditor, each Obligor and each Borrower has caused
this Intercompany Subordination Agreement to be duly executed and delivered by its officer thereunto duly authorized as of the date first above written. 
  

			
	[SUBORDINATED CREDITORS]
		
	By	 	  

		 	Name:
		 	Title:
	
	[OBLIGORS]
		
	By	 	  

		 	Name:
		 	Title:
	
	[PARENT BORROWER]
		
	By	 	  

		 	Name:
		 	Title:
	
	[SUBSIDIARY BORROWER]
		
	By	 	  

		 	Name:
		 	Title:

  

					
		  	[SIGNATURE PAGE]	  	Intercompany Subordination Agreement

 Agreed and acknowledged as of the date above written: 

 

			
	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, 

as Administrative Agent

		
	By	 	  

		 	Name:
		 	Title:
		
	By	 	  

		 	Name:
		 	Title:

  

  

					
		  	[SIGNATURE PAGE]	  	Intercompany Subordination Agreement

 Exhibit A to the Intercompany Subordination Agreement 

FORM OF JOINDER AGREEMENT 

This JOINDER AGREEMENT, dated as of
                    , 201_ (this “Joinder”), is delivered pursuant to the Intercompany Subordination Agreement,
dated as of August 18, 2015 (as the same may from time to time be amended, restated, supplemented or otherwise modified, the “Intercompany Subordination Agreement”) among JAGUAR HOLDING COMPANY II,
a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company, the Subordinated Creditors and Obligors from time to time party thereto and Credit Suisse AG, Cayman Islands Branch, as Administrative Agent,
Collateral Agent and a L/C Issuer. All capitalized terms not defined herein shall have the meaning ascribed to them in the Intercompany Subordination Agreement. 

1. Joinder in the Intercompany Subordination. The undersigned hereby agrees that on and after the date hereof, it shall be [an
“Obligor”] [and] [a “Subordinated Creditor”] under and as defined in the Intercompany Subordination Agreement, hereby assumes and agrees to perform all of the obligations of [an Obligor]
[and] [a Subordinated Creditor] thereunder and agrees that it shall comply with and be fully bound by the terms of the Intercompany Subordination Agreement as if it had been a signatory thereto as of the date thereof; provided that the
representations and warranties made by the undersigned thereunder shall be deemed true and correct as of the date of this Joinder. 
 2.
Unconditional Joinder. The undersigned acknowledges that the undersigned’s obligations as a party to this Joinder are unconditional and are not subject to the execution of one or more Joinders by other parties. The undersigned further
agrees that it has joined and is fully obligated as [an Obligor] [and] [a Subordinated Creditor] under the Intercompany Subordination Agreement. 

3. Incorporation by Reference. All terms and conditions of the Intercompany Subordination Agreement are hereby incorporated by reference
in this Joinder as if set forth in full. 
 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Joinder as of the day
and year first above written. 
  

			
	[                                    
                                    ]
		
	By:	 	
                     
                        

	    	 	Name:
		 	Title:

  

					
		  		  	Intercompany Subordination Agreement

 EXHIBIT K-1 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (together with Jaguar
Holding Company II, the “Borrowers”), JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto (each, a “Lender”), each L/C Issuer party thereto, CREDIT SUISSE
SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING
BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. 

Pursuant to the provisions of Section 3.01(g) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code,
(iii) it is not a “10 percent shareholder” of the Borrowers within the meaning of Section 881(c)(3)(B)of the Code, (iv) it is not a “controlled foreign corporation” related to the Borrowers as described in
Section 881(c)(3)(C) of the Code, and (v) no payments in connection with any Loan Document are effectively connected with the undersigned’s conduct of a U.S. trade or business. 

The undersigned has furnished the Administrative Agent and the Borrowers with a certificate of its non-U.S. Person status on IRS Form W-8BEN
or IRS Form W-8BEN-E (or any successor form). By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrowers and the Administrative
Agent in writing, and (2) the undersigned shall have at all times furnished the Borrowers and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made
to the undersigned, or in either of the two calendar years preceding each such payment (and from time to time upon the reasonable request of the Administrative Agent or the Borrowers). 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit
Agreement. 
  

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date: ________ __, 20[     ] 

  

					
		  		  	Form of U.S. Tax Compliance Certificate

 EXHIBIT K-2 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (together with Jaguar
Holding Company II, the “Borrowers”), JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto (each, a “Lender”), each L/C Issuer party thereto, CREDIT SUISSE
SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING
BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. 

Pursuant to the provisions of Section 3.01(g) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a “10 percent
shareholder” of the Borrowers within the meaning of Section 881(c)(3)(B) of the Code, (iv) it is not a “controlled foreign corporation” related to the Borrowers as described in Section 881(c)(3)(C) of the Code, and
(v) no payments in connection with any Loan Document are effectively connected with the undersigned’s conduct of a U.S. trade or business. 

The undersigned has furnished its participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN or IRS Form
W-8BEN-E (or any successor form). By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the
undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding each such payment (and from time to time upon the reasonable request of the Administrative Agent or the Borrowers). 
 Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date: ________ __, 20[     ] 

  

					
		  		  	Form of U.S. Tax Compliance Certificate

 EXHIBIT K-3 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (together with Jaguar
Holding Company II, the “Borrowers”), JAGUAR HOLDING COMPANY I, a Delaware corporation, each lender from time to time party thereto (each, a “Lender”), each L/C Issuer party thereto, CREDIT SUISSE
SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING
BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. 

Pursuant to the provisions of Section 3.01(g) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record owner of the participation in respect of which it is providing this certificate, (ii) its partners/members are the sole beneficial owners of such participation, (iii) neither the undersigned nor any of its partners/members is a
“bank” within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its partners/members is a “10 percent shareholder” of the Borrowers within the meaning of Section 881(c)(3)(B) of the Code,
(v) none of its partners/members is a “controlled foreign corporation” related to the Borrowers as described in Section 881(c)(3)(C) of the Code, and (vi) no payments in connection with any Loan Document are effectively
connected with the undersigned’s or its partners/members’ conduct of a U.S. trade or business. 
 The undersigned has furnished
its participating Lender with IRS Form W-8IMY (or any successor form) accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or IRS Form W-8BEN-E (or any successor form) or (ii) an IRS Form W-8IMY (or any successor form) accompanied by an IRS Form W-8BEN or IRS Form W-8BEN-E (or any successor form) from each of such partner’s/member’s
beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in
writing and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the
two calendar years preceding each such payment (and from time to time upon the reasonable request of the Administrative Agent or the Borrowers). 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit
Agreement. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date: ________ __, 20[     ] 

  

					
		  		  	Form of U.S. Tax Compliance Certificate

 EXHIBIT K-4 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation, PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (together with Jaguar
Holding Company II, the “Borrowers”), JAGUAR HOLDING COMPANY I, a Delaware corporation (“Holdings”), each lender from time to time party thereto (each, a “Lender”), each L/C
Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and
Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C Issuer. 

Pursuant to the provisions of Section 3.01(g) of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its partners/members are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such
Loan(s)), (iii) neither the undersigned nor any of its partners/members is a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its partners/members is a “10 percent shareholder” of the
Borrowers within the meaning of Section 881(c)(3)(B) of the Code, (v) none of its partners/members is a “controlled foreign corporation” related to the Borrowers as described in Section 881(c)(3)(C) of the Code, and
(vi) no payments in connection with any Loan Document are effectively connected with the undersigned’s or its partners/members’ conduct of a U.S. trade or business. 

The undersigned has furnished the Administrative Agent and the Borrowers with IRS Form W-8IMY (or any successor form) accompanied by one of
the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or IRS Form W-8BEN-E (or any successor form) or (ii) an IRS Form W-8IMY (or any successor form) accompanied by
an IRS Form W-8BEN or IRS Form W-8BEN-E (or any successor form) from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this
certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrowers and the Administrative Agent in writing, and (2) the undersigned shall have at all
times furnished the Borrowers and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding each such payment (and from time to time upon the reasonable request of the Administrative Agent or the Borrowers). 
 Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date: ________ __, 20[     ] 

  

					
		  		  	Form of U.S. Tax Compliance Certificate

 EXHIBIT L-1 

[FORM OF PREPAYMENT NOTICE] 

LOAN PREPAYMENT NOTICE 

Date: _______, ____ 
 Credit Suisse AG 

Eleven Madison Avenue 
 6th Floor 

New York, NY 10010 
 Attn: Loan Operations – Agency Manager

 Phone: (919) 994-6369 
 Fax: (212) 322-2291 

Email: agency.loanops@credit-suisse.com 
 Ladies and Gentlemen:

 Reference is made to that certain Credit Agreement dated as of August 18, 2015 (as amended, amended and restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation (the “Parent Borrower”), PHARMACEUTICAL PRODUCT
DEVELOPMENT, LLC, a Delaware limited liability company (the “Subsidiary Borrower” and together with the Parent Borrower, the “Borrowers”), JAGUAR HOLDING COMPANY I, a Delaware
corporation, each lender from time to time party thereto, each L/C Issuer party thereto, CREDIT SUISSE SECURITIES (USA) LLC, J.P. MORGAN SECURITIES LLC, GOLDMAN SACHS BANK USA, UBS SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., MORGAN STANLEY SENIOR
FUNDING, INC. and BARCLAYS BANK PLC, as Joint Lead Arrangers and Joint Bookrunners, MALAYAN BANKING BERHAD, NEW YORK BRANCH, as Documentation Agent, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and a L/C
Issuer. Terms used herein and not otherwise defined shall have the meaning assigned thereto in the Credit Agreement. 
 This Prepayment
Notice is delivered to you pursuant to Section 2.05(a)(i) of the Agreement. The Borrowers hereby give notice of a prepayment of Loans as follows: 
  

			
	        1.	  	☐ Revolving Loans ☐ Term Loans
		
	2.	  	(select Type(s) of Loans)
		
		  	☐ [Base Rate Loans] in the aggregate principal amount of $________.
		
		  	☐ [Eurocurrency Rate Loans] with an Interest Period ending ______, 20_ in the aggregate principal amount of $________.
		
	3.	  	On __________, 20_ (a Business Day).

  

					
		  		  	Form of Prepayment Notice

 
			
	JAGUAR HOLDING COMPANY II

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
			
	
	PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

					
		  		  	Form of Prepayment NoticeEX-10.8

 EXHIBIT 10.8 

EXECUTION VERSION 
 AMENDMENT
NO. 1 
 AMENDMENT NO. 1 dated as of May 31, 2016 (this “Incremental Amendment”), to the CREDIT AGREEMENT dated as
of August 18, 2015 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), among JAGUAR HOLDING COMPANY II, a Delaware corporation (the “Parent
Borrower”), PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC, a Delaware limited liability company (the “Subsidiary Borrower”), JAGUAR HOLDING COMPANY I, a Delaware corporation (“Holdings”), each lender from time to
time party thereto (collectively, the “Lenders” and, individually, a “Lender”), and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent and an L/C Issuer. Capitalized terms used but
not otherwise defined herein shall have the respective meanings ascribed to such terms in the Credit Agreement. 
 A. The
Borrowers have notified the Incremental Term Loan Lender and the Incremental Arranger (each as defined below) that one or more of their Subsidiaries intends to acquire assets and/or equity interests in a company previously identified to the
Incremental Term Loan Lender and the Incremental Arranger (the “Acquisition”). 
 B. Pursuant to
Section 2.14 of the Credit Agreement, the Borrowers have requested an increase in the aggregate principal amount of the existing Term Loan Tranche outstanding under the Credit Agreement on the terms and conditions set forth herein and in the
Credit Agreement, and the Borrowers have appointed Credit Suisse Securities (USA) LLC as the Incremental Arranger in connection therewith (the “Incremental Arranger”). 

C. Accordingly, in consideration of the mutual agreements herein contained and other good and valuable consideration, the
sufficiency and receipt of which are hereby acknowledged, the parties hereto agree to this Incremental Amendment. 
 SECTION 1.
Incremental Amendment. 
 a. On and as of the Incremental Amendment Effective Date (as defined below), the party hereto
providing the Incremental Term Loan Commitment (as defined below) as indicated on Annex I hereto (the “Incremental Term Loan Lender”) hereby provides the Incremental Term Loan Commitment set forth opposite its name on Annex I
attached hereto (it being agreed that the Incremental Term Loans (as defined below) shall be funded at 99.0% of the principal amount thereof, and notwithstanding said discount all calculations hereunder and under the Credit Agreement with respect to
the Incremental Term Loans, including the accrual of interest and the repayment or prepayment of principal, shall be based on 100% of the stated principal amount thereof) on the terms and subject to the conditions provided for herein (the
“Incremental Term Loan Commitment” and the loans to be made in respect thereof subject to the terms and conditions provided for herein, the “Incremental Term Loans”). The Incremental Term Loans shall be provided in
accordance with, and be subject to all of the terms and conditions set forth in, the Credit Agreement (including, without limitation, Section 2.14 thereof). 

b. The Incremental Term Loan Lender, Holdings and the Borrowers acknowledge and agree that upon the incurrence of Incremental Term Loans
pursuant to the Incremental Term Loan Commitment, such loans shall constitute Initial Term Loans (and Term Loans and Loans) for all purposes of the Credit Agreement and the other applicable Loan Documents. It is understood and agreed that on the
date of the making of the Incremental Term 

 Loans, and notwithstanding anything to the contrary set forth in Section 2.02 of the Credit Agreement,
the Incremental Term Loans shall be added to (and form part of) each Term Borrowing of outstanding Term Loans on a pro rata basis (based on the relative sizes of the various outstanding Term Borrowings), so that each Lender of Term Loans will
participate proportionately in each then outstanding Borrowing of Term Loans. 
 c. The Incremental Term Loan Lender, Holdings and the
Borrowers agree to the terms and conditions set forth herein in respect of the Incremental Term Loan Commitment provided pursuant to this Incremental Amendment. 

d. The Incremental Term Loan Lender (i) confirms that it has received a copy of the Credit Agreement and the other Loan Documents,
together with copies of the financial statements referred to therein, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Incremental Amendment and to become a Lender
under the Credit Agreement, (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make
its own credit decisions in taking or not taking action under the Credit Agreement and the other Loan Documents, (iii) acknowledges and agrees that no fiduciary or advisory relationship between the Administrative Agent and the Incremental Term
Loan Lender is intended to be or has been created in respect of any of the transactions contemplated by this Incremental Amendment, (iv) acknowledges and agrees that the Incremental Term Loan Lender is capable of evaluating and understanding,
and it understands and accepts, the terms, risks and conditions of the transactions contemplated by this Incremental Amendment, (v) acknowledges and agrees that the Administrative Agent or any of its Affiliates may have received fees or other
compensation from Holdings or any of its Affiliates in connection with this Incremental Amendment which may or may not be publicly disclosed and such fees or compensation do not affect any Incremental Term Loan Lender’s independent credit
decision to enter into the transactions contemplated by this Incremental Amendment, (vi) acknowledges and agrees that notwithstanding that no fiduciary or similar relationship exists between the Administrative Agent and the Incremental Term
Loan Lender, the Incremental Term Loan Lender hereby waives, to the fullest extent permitted by law, any claims it may have against the Administrative Agent or its Affiliates for breach of fiduciary duty or alleged breach of fiduciary duty and
agrees that the Administrative Agent and its Affiliates shall have no liability (whether direct or indirect) to the Incremental Term Loan Lender in respect of such a fiduciary duty claim or to any Person asserting a fiduciary duty claim on behalf of
or in right of the Incremental Term Loan Lender, including the Incremental Term Loan Lender’s stockholders, employees or creditors, (vii) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to
exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto and (viii) agrees that it will
perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement and the other Loan Documents are required to be performed by it as a Lender or a Term Lender. 

e. Upon (x) the occurrence of the Incremental Amendment Effective Date (as defined below) and (y) the satisfaction (or waiver as
provided for therein) of the conditions precedent set forth in Section 8 below, the Incremental Term Loan Lender (i) shall be obligated to make the Term Loans committed to be made by it as provided in this Incremental Amendment on the date
such conditions are so satisfied (or waived), on the terms, and subject to the conditions, set forth in the Credit Agreement and in this Incremental Amendment and (ii) to the extent provided in this Incremental Amendment, shall have the rights
and obligations of a Lender and a 

  
 2 

 Term Lender thereunder and under the other applicable Loan Documents; provided that (x) if the
conditions precedent set forth in Section 8 below are not satisfied (or waived) on or prior to August 9, 2016 (the “Incremental Commitment Termination Date”), then the Incremental Term Loan Commitment shall immediately
terminate and the Incremental Term Loan Lender shall have no further obligation hereunder to make Incremental Term Loans to the Borrowers and (y) only one drawing of Incremental Term Loans may be made by the Borrowers on or prior to the
Incremental Commitment Termination Date. 
 f. The Borrowers acknowledge and agree that (i) they shall be liable for all Obligations
with respect to the Incremental Term Loan Commitment provided hereby, including, without limitation, all Incremental Term Loans made pursuant hereto and (ii) all such Obligations (including all such Incremental Term Loans) shall be entitled to
the benefits of the Collateral Documents and each Guaranty. 
 g. Each Guarantor acknowledges and agrees that all Obligations with respect to
the Incremental Term Loan Commitment provided hereby and all Incremental Term Loans made pursuant thereto (i) shall be fully guaranteed pursuant to their respective Guaranties as, and to the extent, provided therein and in the Credit Agreement
and shall constitute Guaranteed Obligations under and as defined in the Guaranties and (ii) are fully secured by the Collateral Documents and shall be entitled to the benefits of their respective Collateral Documents as, and to the extent,
provided therein and in the Credit Agreement and shall constitute Secured Obligations under and as defined in the Security Agreement. 
 h.
The Incremental Term Loans to be made as provided in this Incremental Amendment shall constitute an increase in the existing Term Loan Tranche outstanding under the Credit Agreement and shall be on the same terms as, and become part of, the existing
Term Loan Tranche under the Credit Agreement. The Borrowers hereby unconditionally promise to repay the Term Loans (including the Incremental Term Loans) in accordance with the schedule of installment payments set forth in Section 2.07(a) of
the Credit Agreement (after giving effect to the amendments thereto effected hereby and as the same may be further adjusted in accordance with the provisions of the Credit Agreement). Interest will begin accruing on the Incremental Term Loans on the
Incremental Loan Funding Date (as defined below). 
 i. On and as of the date of the funding of the Incremental Term Loans to the Borrowers
hereunder (the “Incremental Loan Funding Date”), the Borrowers and the Incremental Arranger agree that (i) unless the context clearly requires otherwise, the parties hereto agree that the Incremental Term Loan Lender will be
deemed to be a “Lender” for all purposes of the Credit Agreement and the other Loan Documents (and each reference therein to the “Lenders” will be deemed to include the Incremental Term Loan Lender), (ii) unless the context
clearly requires otherwise, the definitions of the terms “Initial Term Loans”, “Term Loans”, “Loans” and “Term Facility” shall be deemed modified to include the Incremental Term Loans,
(iii) Section 1.01 of the Credit Agreement is hereby amended by inserting the following definition in appropriate alphabetical order therein: “Amendment No. 1” means Amendment No. 1, dated as of May 31, 2016, to
this Agreement, (iv) Section 2.07(a) of the Credit Agreement shall be deleted in its entirety and be replaced with the new Section 2.07(a) contained in Annex II hereto and (v) clause (iii) of Section 2.14(f) of the Credit
Agreement shall be amended and restated in its entirety as follows: 

  
 3 

 “(iii) with respect to any New Term Facility incurred on or prior to the date that is
eighteen months after the Closing Date, the All-in Yield applicable to such New Term Facility shall be determined by the Borrowers and the Lenders providing such New Term Facility and shall not be more than 50
basis points higher than the corresponding All-in Yield for the Initial Term Loans made on the Closing Date, unless the All-in Yield with respect to all Initial Term
Loans is increased by an amount equal to the difference between (i) the All-in Yield with respect to such New Term Facility less 50 basis points and (ii) the
All-in Yield on the Initial Term Loans made on the Closing Date”. 
 SECTION 2.
Representations and Warranties. The Borrowers hereby represent and warrant, on the date hereof and as of the Incremental Loan Funding Date (as defined above) (before and after giving effect to the making of the Incremental Term Loans)
that: 
 (i) no Default or Event of Default exists, both before and after giving effect to this Incremental Amendment;

 (ii) the representations and warranties of the Borrowers and each other Loan Party contained in Article V of the
Credit Agreement or in any other Loan Document are true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality), both before and after giving effect to this Incremental
Amendment, except to the extent that any such representation or warranty specifically refers to an earlier date, in which case such representation or warranty was true and correct in all material respects (and in all respects if any such
representation or warranty is already qualified by materiality) as of such earlier date (and except that, for purposes of this clause (ii), the representations and warranties contained in Sections 5.05(a) and 5.05(b) of the Credit Agreement shall be
deemed to refer to the most recent financial statements furnished pursuant to Section 6.01(a) and (b), respectively, of the Credit Agreement prior to the Incremental Amendment Effective Date); and 

(iii) this Incremental Amendment has been duly authorized, executed and delivered by the Borrowers and each other Loan Party,
and this Incremental Amendment constitutes a legal, valid and binding obligation of the Borrowers and each other Loan Party, enforceable against the Borrowers and each other Loan Party in accordance with its terms, except as such enforceability may
be limited by bankruptcy, insolvency, reorganization, receivership, moratorium or other laws affecting creditors’ rights generally and by general principles of equity. 

SECTION 3. Reference To And Effect Upon The Credit Agreement. (a) From and after the Incremental Loan Funding Date and the
making of the Incremental Term Loans, (i) the term “Agreement” in the Credit Agreement, and all references to the Credit Agreement in any other Loan Document, shall mean the Credit Agreement as modified hereby, and (ii) this
Incremental Amendment shall constitute a Loan Document for all purposes of the Credit Agreement and the other Loan Documents. 
 (b) Each
Loan Party hereby acknowledges that it has read this Incremental Amendment and consents to the terms hereof and further hereby affirms, confirms and agrees that (i) notwithstanding the effectiveness of this Incremental Amendment, the
obligations of such Loan Party under each of the Loan Documents to which it is a party shall not be impaired and each of the Loan Documents to which such Loan Party is a party is, and shall continue to be, in full force and effect and is hereby
confirmed and ratified in all respects, in each case, as amended hereby; and (ii) its Guarantee of the Obligations, and the pledge of and/or grant of a security interest in its assets as Collateral to secure the Obligations, all as and to the
extent provided in the Collateral Documents, shall continue in full force and effect in respect of, and to secure, the Obligations (including, without limitation, in respect of the Incremental Term Loans) and shall 

  
 4 

 accrue to the benefit of the Secured Parties (including the holders of Incremental Term Loans). Without
limiting the foregoing, as security for the payment or performance, as the case may be, in full of the Obligations, each Loan Party hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in all
right, title and interest now owned or at any time hereafter acquired in the Collateral (as defined in each Collateral Document). 

(c) Except as expressly set forth herein, this Incremental Amendment shall not by implication or otherwise limit, impair,
constitute a waiver of, or otherwise affect the rights and remedies of the Lenders, the L/C Issuers, the Administrative Agent, the Collateral Agent or any other Secured Party under the Credit Agreement or any other Loan Document, and shall not
alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in
full force and effect. This Incremental Amendment shall apply and be effective only with respect to the provisions of the Credit Agreement and the other Loan Documents specifically referred to herein. This Incremental Amendment shall not extinguish
the Obligations for the payment of money outstanding under the Loan Documents or discharge or release the Liens granted in any Collateral Document or any security therefor or any guarantee thereof, and the Liens and security interests for the
benefit of the Secured Parties securing payment of the Obligations are in all respects continuing and in full force and effect with respect to all Obligations. Nothing herein contained shall be construed as a substitution or novation, or a payment
and reborrowing, or a termination, of the Obligations outstanding under the Loan Documents or instruments guaranteeing or securing the same, which shall remain in full force and effect, except as modified hereby or by instruments executed
concurrently herewith. 
 SECTION 4. Counterparts, Etc. This Incremental Amendment may be executed in any number of
counterparts, each of which when so executed shall be deemed an original, but all such counterparts shall constitute one and the same instrument, and all signatures need not appear on any one counterpart. Any party hereto may execute and deliver a
counterpart of this Incremental Amendment by delivering by facsimile or other electronic transmission a signature page of this Incremental Amendment signed by such party, and any such facsimile or other electronic signature shall be treated in all
respects as having the same effect as an original signature. Section headings in this Incremental Amendment are included herein for convenience of reference only and shall not constitute part of this Incremental Amendment for any other purpose. 

SECTION 5. Governing Law; Jurisdiction; Etc. The provisions of Sections 3.06, 10.15 and 10.17 of the Credit Agreement
shall apply to this Incremental Amendment, mutatis mutandis. 
 SECTION 6. Certain Agreements Regarding Fees. You agree
to pay to the Incremental Term Loan Lender a nonrefundable per annum ticking fee (the “Ticking Fee”), in an amount equal to the product of (a) the Incremental Term Loan Commitment and (b) 100% of the Applicable Rate then in
effect under the Credit Agreement for Initial Term Loans that are Eurocurrency Rate Loans plus the Adjusted Eurocurrency Rate for an Interest Period of one month beginning on the second Business Day prior to the Ticking Start Date (subject to the
“floor” provided in the definition of Adjusted Eurocurrency Rate). The Ticking Fee shall accrue from and including May 14, 2016 (such date, the “Ticking Start Date”) and ending on the earlier of (x) the
Incremental Loan Funding Date and (y) the Incremental Commitment Termination Date (such earlier date, the “Ticking Fee Termination Date”). 

  
 5 

 The Ticking Fee shall be calculated on the basis of the actual number of calendar days
elapsed in a 360-day year and shall be payable by the Borrowers, regardless of whether the Incremental Loan Funding Date ever occurs, to the Incremental Term Loan Lender on the Ticking Fee Termination Date. 

SECTION 7. Effectiveness of this Incremental Amendment. This Incremental Amendment shall become effective at the time (the
“Incremental Amendment Effective Date”) when the Administrative Agent shall have received duly executed signature pages for this Incremental Amendment signed by the Administrative Agent, each Loan Party, the Incremental Term Loan
Lender and the Incremental Arranger. 
 SECTION 8. Conditions to Incremental Loan Funding Date. Notwithstanding anything
herein to the contrary, the obligation of the Incremental Term Loan Lender to make the Incremental Term Loans to the Borrowers pursuant to the Incremental Term Loan Commitment is subject to satisfaction (or waiver by the Incremental Term Loan Lender
and the Administrative Agent) of the following conditions precedent: 
  

	 	(i)	 all costs, fees, expenses and other compensation contemplated under the Credit Agreement or under the
Engagement Letter dated as of April 11, 2016, by and among Holdings, the Parent Borrower, the Subsidiary Borrower, Credit Suisse Securities (USA) LLC and Credit Suisse AG, Cayman Islands Branch (the “Engagement Letter”), shall have
been paid to the extent applicable; and 

  

	 	(ii)	 each other condition precedent set forth in Section 7 of Annex I hereto shall have been satisfied (or waived by
the Incremental Term Loan Lender and the Administrative Agent). 

 The Incremental Arranger shall promptly notify the Borrowers and the
Incremental Term Loan Lender of the Increase Effective Date with respect to the Incremental Term Loans as contemplated by Section 2.14(c) of the Credit Agreement. 

SECTION 9. Use of Proceeds. The Borrowers covenant and agree that they will use the proceeds of the Incremental Term Loans
solely (a) (i) to finance a portion of the Acquisition and to pay fees and expenses incurred in connection therewith or (ii) if the Acquisition has been consummated prior to the Incremental Loan Funding Date, for general corporate purposes,
including to replenish cash to Holdings’ balance sheet, and (b) to pay any other amounts required to be paid by them in connection with the Acquisition or the Engagement Letter. 

SECTION 10. Real Estate Collateral. The Borrowers shall, and shall cause their respective Subsidiaries to, deliver to the
Collateral Agent as soon as practicable and in any event within 90 calendar days after the Incremental Loan Funding Date (or such longer period as the Collateral Agent may agree in its sole discretion), (a) an amendment to each Mortgage encumbering
the Mortgaged Properties in form suitable for recording that shall provide such Mortgage remains in full force and effect and continues to secure the Obligations, as amended by this Incremental Amendment, which mortgage amendment shall be in form
and substance reasonably acceptable to the Collateral Agent and its counsel in all respects, (b) endorsements to the mortgagee’s title insurance policies reflecting the amendment to the insured Mortgage as well as a date down endorsement in
respect of each of the Mortgaged Properties, reflecting that there are no encumbrances affecting the Mortgaged Properties except as permitted under the Credit Agreement, and in each case in form and substance reasonably satisfactory to the
Collateral 

  
 6 

 Agent, (c) a customary opinion of local counsel in each jurisdiction in which a Mortgage Property is
located for the benefit of the Collateral Agent with respect to the enforceability of the Mortgages as amended, together with such other opinions as the Collateral Agent shall require, and in form and substance reasonably acceptable to the
Collateral Agent and (d) such further documents, instruments, acts or agreements as the Collateral Agent may reasonably request to affirm, secure, renew or perfect the liens of the Mortgages as amended. All of the actions referenced above shall
be taken, and documents referenced above shall be delivered, at the sole expense of the Borrowers, including any recording charges, taxes, or other associated costs related thereto. 

[Signature Pages follow] 

  
 7 

 IN WITNESS WHEREOF, this Incremental Amendment has been executed by the parties hereto as of
the date first written above. 
  

			
	JAGUAR HOLDING COMPANY I
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	General Counsel and Secretary
	
	JAGUAR HOLDING COMPANY II
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	General Counsel and Secretary
	
	PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	General Counsel and Secretary
	
	CLINICAL RESEARCH ADVANTAGE, INC.
	ACURIAN, INC.
	CNS RESEARCH SCIENCE, INC.
	CRA INTERMEDIATE HOLDINGS, INC.
	INNOVA HOLDINGS, INC.
	PPD INVESTIGATOR SERVICES, LLC
	RADIANT RESEARCH, INC.
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	General Counsel and Secretary

  
 [Signature Page to
Amendment No. 1 to the Credit Agreement] 

			
	APPLIED BIOSCIENCE INTERNATIONAL, LLC
	PPD HOLDINGS, LLC
	PPD GLOBAL CENTRAL LABS, LLC
	ATP, LLC
	PPD AERONAUTICS, LLC
	PPD SERVICES, INC.
	RIVER VENTURES, LLC
	PPD VACCINES AND BIOLOGICS, LLC
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	Vice President and Secretary
	
	PHARMACO INVESTMENTS, INC.
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	President and Secretary
	
	PPD DEVELOPMENT, L.P.
		
	By:	 	PPD GP, LLC, its general partner
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	Vice President, General Counsel and Secretary
	
	PPD GP, LLC
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	Vice President, General Counsel and Secretary

  
 [Signature Page to
Amendment No. 1 to the Credit Agreement] 

			
	JAGUAR CAYMAN FINANCE LIMITED
		
	By:	 	 /s/ Brian S. Tuttle

	Name:	 	Brian S. Tuttle
	Title:	 	Director
	
	WILDCAT ACQUISITION HOLDINGS (UK) LIMITED
		
	By:	 	 /s/ B. Judd Hartman

	Name:	 	B. Judd Hartman
	Title:	 	Director

  
 [Signature Page to
Amendment No. 1 to the Credit Agreement] 

			
	CREDIT SUISSE AG, CAYMAN ISLANDS
	BRANCH, as Administrative Agent, Collateral
	Agent and Incremental Term Loan Lender
		
	by	 	 /s/ Robert Hetu

		 	Name: Robert Hetu
		 	Title: Authorized Signatory
		
	by	 	 /s/ Whitney Gaston

		 	Name: Whitney Gaston
		 	Title: Authorized Signatory
	
	 CREDIT SUISSE SECURITIES (USA) LLC,

as Incremental Arranger

		
	by	 	 /s/ Hayes Smith

		 	Name: Hayes Smith
		 	Title: Managing Director

  
 [Signature Page to
Amendment No. 1 to the Credit Agreement] 

 ANNEX I 

TERMS AND CONDITIONS FOR INCREMENTAL TERM LOAN COMMITMENT 

1. Names of Borrowers: JAGUAR HOLDING COMPANY II and PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC (on a joint and several basis) 

2. Incremental Term Loan Commitment amounts (as of the Incremental Amendment Effective Date): 

 

					
	 Name of the Incremental Term Loan Lender
	  	Amount of Incremental Term Loan Commitment	 
	 Credit Suisse AG, Cayman Islands Branch
	  	$	200,000,000	 

 3. Incremental Term Loan Borrowing Date: The date on which the conditions precedent in Section 8 of this Incremental
Amendment are satisfied or waived as provided therein. 
 4. Maturity Date: Same as applicable to the existing Term Loans. 

5. Interest Period: The initial Interest Period with respect to the Incremental Term Loans shall be determined in a manner that gives effect to the intent and
purpose of the last sentence of Section 1(b) of this Incremental Amendment to which this Annex I is attached.     
 6. Other terms:
Same as those applicable to the existing Term Loans. 
 7. Other Conditions Precedent: 

a. The Administrative Agent shall have received such customary documents and certifications (including Organizational Documents and, if
applicable, good standing certificates) as the Administrative Agent may reasonably require to evidence (A) the identity, authority and capacity of each Responsible Officer of the Loan Parties acting as such in connection with this Incremental
Amendment and the other Loan Documents and (B) that Holdings, the Borrowers and each Subsidiary Guarantor is duly organized or formed, and that each of them is validly existing and, to the extent applicable, in good standing, except to the
extent that failure to be so qualified could not reasonably be expected to have a Material Adverse Effect, including certification by a Responsible Officer of each Borrower that the conditions specified in clauses (i) through (iii) of
Section 2.14(d) of the Credit Agreement have been satisfied and that the conditions set forth in this Annex I have been satisfied. 
 b.
The Administrative Agent shall have received, if requested by the Incremental Term Loan Lender reasonably in advance of the Incremental Loan Funding Date, a Term Note executed by the Borrowers in favor of the Incremental Term Loan Lender. 

c. The Administrative Agent shall have received a Committed Loan Notice relating to the incurrence of the Incremental Term Loans. 

d. The Administrative Agent shall have received a solvency certificate executed by the chief financial officer or similar officer, director,
manager or authorized signatory of the Parent Borrower (after giving effect to the funding of the Incremental Term Loans to the Borrowers and the consummation of the Acquisition). 

 e. The Administrative Agent shall have received an opinion of Latham & Watkins LLP,
special New York and Delaware counsel to the Loan Parties, addressed to the Administrative Agent and the Incremental Term Loan Lender, in form and substance reasonably satisfactory to the Administrative Agent. 

f. The Acquisition shall have been consummated, or substantially simultaneously with the borrowing of the Incremental Term Loans shall be
consummated. 
 g. Holdings, the Borrowers and the Guarantors shall have provided the documentation and other information reasonably
requested in writing prior to the Incremental Loan Funding Date by the Incremental Term Loan Lender in connection with applicable “know your customer” and anti-money-laundering rules and regulations, including the PATRIOT Act. 

h. The conditions set forth in Section 4.02 of the Credit Agreement shall have been satisfied. 

i. The conditions set forth in Section 2.14 of the Credit Agreement to the making of an increase in the existing Term Loan Tranche in the
manner provided for in this Incremental Amendment shall have been satisfied. 
 j. All actions or documents reasonably requested by the
Administrative Agent that are necessary to establish or re-affirm that the Collateral Agent will have a perfected first priority security interest (subject to Liens permitted under Section 6.02 of the
Credit Agreement) in the Collateral to secure the Incremental Term Loans shall have been taken or executed and delivered (including, if so requested, deeds of confirmation, amendments and/or supplements to Collateral Documents). 

k. The Borrowers shall have delivered to the Administrative Agent the financial statements required by Section 6.01(b) of the Credit
Agreement for the fiscal quarter ending March 31, 2016, and the associated Compliance Certificate required by Section 6.02(b) of the Credit Agreement. 

 ANNEX II 

NEW SECTION 2.07(a) 
 (a) Term
Loans. The Borrowers shall repay to the Administrative Agent for the ratable account of the applicable Term Lenders the aggregate principal amount of all Initial Term Loans outstanding in consecutive quarterly installments as follows (which
installments shall, to the extent applicable, be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Sections 2.05 and 2.06, or be increased as a result of any increase in the amount of Initial
Term Loans pursuant to Section 2.14 (such increased amortization payments to be calculated in the same manner (and on the same basis) as the schedule set forth below for the Initial Term Loans made on the Closing Date and the funding date
contemplated by Amendment No. 1)): 
  

					
	 Date
	  	Term Loan Principal
Amortization Payment	 
	 June 30, 2016
	  	$	6,941,278.34	 
	 September 30, 2016
	  	$	6,941,278.34	 
	 December 31, 2016
	  	$	6,941,278.34	 
	 March 31, 2017
	  	$	6,941,278.34	 
	 June 30, 2017
	  	$	6,941,278.34	 
	 September 30, 2017
	  	$	6,941,278.34	 
	 December 31, 2017
	  	$	6,941,278.34	 
	 March 31, 2018
	  	$	6,941,278.34	 
	 June 30, 2018
	  	$	6,941,278.34	 
	 September 30, 2018
	  	$	6,941,278.34	 
	 December 31, 2018
	  	$	6,941,278.34	 
	 March 31, 2019
	  	$	6,941,278.34	 
	 June 30, 2019
	  	$	6,941,278.34	 
	 September 30, 2019
	  	$	6,941,278.34	 
	 December 31, 2019
	  	$	6,941,278.34	 
	 March 31, 2020
	  	$	6,941,278.34	 
	 June 30, 2020
	  	$	6,941,278.34	 
	 September 30, 2020
	  	$	6,941,278.34	 
	 December 31, 2020
	  	$	6,941,278.34	 
	 March 31, 2021
	  	$	6,941,278.34	 
	 June 30, 2021
	  	$	6,941,278.34	 
	 September 30, 2021
	  	$	6,941,278.34	 
	 December 31, 2021
	  	$	6,941,278.34	 
	 March 31, 2022
	  	$	6,941,278.34	 
	 June 30, 2022
	  	$	6,941,278.34	 
	 Maturity Date for Term Facility
	  	$	2,582,155,541.50	 

 provided, however, that the final principal repayment installment of the Initial Term Loans shall be repaid on
the Maturity Date for the Initial Term Loans and in any event shall be in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date.

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