Document:

EX-4.4

 Exhibit 4.04 
  

 
  

AMENDED AND RESTATED ABL INTERCREDITOR AGREEMENT 

dated as of 
 June 22, 2018,

 among 
 JPMORGAN CHASE BANK,
N.A., 
 as ABL Agent, 
 CREDIT
SUISSE AG, 
 as Senior-Priority Collateral Agent, 

CREDIT SUISSE AG, 
 as
Senior-Priority Non-ABL Loan Agent, 
 REGIONS BANK, 

as 2021 Secured Notes Trustee, 

REGIONS BANK, 
 as 2023 Secured
Notes Trustee, 
 REGIONS BANK, 

as Junior-Priority Collateral Agent, 

REGIONS BANK, 
 as 2023
Junior-Priority Secured Notes Trustee, 
 REGIONS BANK, 

as 2024 Junior-Priority Secured Notes Trustee, 

Each Additional Agent from time to time party hereto, 

CHS/COMMUNITY HEALTH SYSTEMS, INC., 

as Borrower, 
 COMMUNITY HEALTH
SYSTEMS, INC., 
 as Parent, 

and 
 the Subsidiaries of the
Borrower 
 from time to time party hereto 
  

 
  

 TABLE OF CONTENTS 

 

									
	 	 	 	 	 	  	Page	 
	 Section 1.
	 	Definitions	  	 	3	 
				
		 	1.1.	 	 Defined Terms
	  	 	3	 
		 	1.2.	 	 Terms Generally
	  	 	17	 
		 	1.3.	 	 UCC Definitions
	  	 	18	 
			
	 Section 2.
	 	 Priority of Liens
	  	 	18	 
				
		 	2.1.	 	 Subordination of Liens
	  	 	18	 
		 	2.2.	 	 Prohibition on Contesting Liens
	  	 	19	 
		 	2.3.	 	 No New Liens
	  	 	19	 
		 	2.4.	 	 Perfection of Liens
	  	 	20	 
		 	2.5.	 	 Waiver of Marshalling
	  	 	20	 
			
	 Section 3.
	 	 Enforcement
	  	 	21	 
				
		 	3.1.	 	 Exercise of Remedies
	  	 	21	 
		 	3.2.	 	 Cooperation
	  	 	27	 
		 	3.3.	 	 Actions Upon Breach
	  	 	28	 
			
	 Section 4.
	 	Payments	  	 	28	 
				
		 	4.1.	 	 Revolving Nature of ABL Obligations and Term/Loan Notes Obligations
	  	 	28	 
		 	4.2.	 	 Application of Proceeds of ABL Priority Collateral
	  	 	29	 
		 	4.3.	 	 Application of Proceeds of Term Loan/Notes Priority Collateral
	  	 	30	 
		 	4.4.	 	 Payments Over
	  	 	31	 
		 	4.5.	 	 Application of Proceeds of Mixed Collateral
	  	 	32	 
			
	 Section 5.
	 	Other Agreements	  	 	33	 
				
		 	5.1.	 	 Releases
	  	 	33	 
		 	5.2.	 	 Insurance and Condemnation Awards
	  	 	36	 
		 	5.3.	 	 Amendments to ABL Loan Documents and Term Loan/Notes Documents
	  	 	37	 
		 	5.4.	 	 Rights As Unsecured Creditors
	  	 	40	 
		 	5.5.	 	 First Priority Agent as Gratuitous Bailee for Perfection
	  	 	40	 
		 	5.6.	 	 Access to Premises and Cooperation
	  	 	42	 
		 	5.7.	 	 No Release If Event of Default; Reinstatement
	  	 	44	 
		 	5.8.	 	 Legends
	  	 	45	 

									
			
	 Section 6.
	 	 Insolvency or Liquidation Proceedings
	  	 	45	 
				
		 	6.1.	 	 DIP Financing
	  	 	45	 
		 	6.2.	 	 Relief from the Automatic Stay
	  	 	46	 
		 	6.3.	 	 Adequate Protection
	  	 	46	 
		 	6.4.	 	 Post-Petition Interest
	  	 	48	 
		 	6.5.	 	 Preference Issues
	  	 	49	 
		 	6.6.	 	 Application
	  	 	49	 
		 	6.7.	 	 Waivers
	  	 	49	 
		 	6.8.	 	 Separate Classes
	  	 	50	 
		 	6.9.	 	 Asset Sales
	  	 	51	 
		 	6.10.	 	 Reorganization Securities
	  	 	51	 
		 	6.11.	 	 Other Bankruptcy Laws
	  	 	51	 
			
	 Section 7.
	 	 [Reserved]
	  	 	52	 
			
	 Section 8.
	 	 Reliance; Waivers; etc
	  	 	52	 
				
		 	8.1.	 	 Reliance
	  	 	52	 
		 	8.2.	 	 No Warranties or Liability
	  	 	52	 
		 	8.3.	 	 Obligations Unconditional
	  	 	53	 
			
	 Section 9.
	 	 Miscellaneous
	  	 	53	 
				
		 	9.1.	 	 Conflicts
	  	 	53	 
		 	9.2.	 	 Term of this Agreement; Severability
	  	 	53	 
		 	9.3.	 	 Amendments; Waivers
	  	 	54	 
		 	9.4.	 	 Information Concerning Financial Condition of the Borrower, the ABL Borrowers and the
Subsidiaries
	  	 	57	 
		 	9.5.	 	 Subrogation
	  	 	58	 
		 	9.6.	 	 Application of Payments
	  	 	58	 
		 	9.7.	 	 JURISDICTION; CONSENT TO SERVICE OF PROCESS; WAIVER OF JURY TRIAL
	  	 	59	 
		 	9.8.	 	 Notices
	  	 	59	 
		 	9.9.	 	 Further Assurances
	  	 	60	 
		 	9.10.	 	 GOVERNING LAW
	  	 	60	 
		 	9.11.	 	 Specific Performance
	  	 	60	 
		 	9.12.	 	 Headings
	  	 	60	 
		 	9.13.	 	 Counterparts
	  	 	60	 
		 	9.14.	 	 Representations and Warranties of Each Party
	  	 	61	 
		 	9.15.	 	 No Third Party Beneficiaries; Successors and Assigns
	  	 	61	 
		 	9.16.	 	 Effectiveness
	  	 	61	 
		 	9.17.	 	 ABL Agent and Term Loan/Notes Agents
	  	 	61	 
		 	9.18.	 	 Limitation on Term Loan/Notes Agents’ and ABL Agent’s Responsibilities
	  	 	62	 
		 	9.19.	 	 Relationship with Other Intercreditor Agreements
	  	 	62	 
		 	9.20.	 	 Provisions Solely to Define Relative Rights
	  	 	63	 
		 	9.21.	 	 Additional Grantors
	  	 	63	 
		 	9.22.	 	 Application of Proceeds
	  	 	63	 

  
 ii 

			
	 SCHEDULES:
	 	
	 Schedule I
	 	 Legend for Certain ABL Loan Documents/Term Loan Documents

		
	 EXHIBITS:
	 	
	 Exhibit A
	 	 Form of Intercreditor Agreement Joinder

  
 iii 

 THIS AMENDED AND RESTATED ABL INTERCREDITOR AGREEMENT is entered into as of
June 22, 2018, among JPMORGAN CHASE BANK, N.A., in its capacity as administrative agent and collateral agent (the “ABL Agent”; as hereinafter further defined) for the ABL Secured Parties (as defined below), CREDIT SUISSE
AG, in its capacity as collateral agent (the “Senior-Priority Collateral Agent”; as hereinafter further defined) for the Senior-Priority Secured Parties (as defined below), CREDIT SUISSE AG, in its capacity as administrative agent
under the Senior-Priority Non-ABL Loan Agreement (as defined below) (the “Senior-Priority Non-ABL Loan Agent”; as hereinafter further defined), REGIONS
BANK, in its capacity as trustee under the 2021 Secured Notes Indenture (the “2021 Secured Notes Trustee”; as hereinafter further defined), REGIONS BANK, in its capacity as trustee under the 2023 Secured Notes Indenture (the
“2023 Secured Notes Trustee”; as hereinafter further defined), REGIONS BANK, in its capacity as collateral agent (the “Junior-Priority Collateral Agent”; as hereafter further defined) for the Junior-Priority Secured
Parties (as defined below), REGIONS BANK, in its capacity as trustee under the 2023 Junior-Priority Secured Notes Indenture (the “2023 Junior-Priority Secured Notes Trustee”; as hereinafter further defined), REGIONS BANK, in its
capacity as trustee under the 2024 Junior-Priority Secured Notes Indenture (the “2024 Junior-Priority Secured Notes Trustee”; as hereinafter further defined), CHS/COMMUNITY HEALTH SYSTEMS, INC., a Delaware corporation (the
“Borrower”; as hereinafter further defined), COMMUNITY HEALTH SYSTEMS, INC., a Delaware corporation (“Parent”), the Subsidiaries of the Borrower from time to time party hereto and each Additional Agent (as defined
below) from time to time party hereto. 
 W I T N E S S E T H 

WHEREAS, pursuant to that certain ABL Credit Agreement, dated as of April 3, 2018 (the “ABL Credit Agreement”),
among Parent, the Borrower, the ABL Lenders (as defined below) and the ABL Agent, the ABL Lenders have agreed to make loans and other extensions of credit available to the Borrower; 

WHEREAS, pursuant to the ABL Security Documents (as defined below), among Parent, the Borrower, the Subsidiaries of the Borrower from time to
time party thereto and the ABL Agent, the Borrower and the Grantors party thereto have guaranteed the payment and performance of the Borrower’s obligations under the ABL Loan Documents (as defined below) and granted to the ABL Agent (for the
benefit of the ABL Secured Parties) Liens on the Collateral; 
 WHEREAS, pursuant to that certain Fourth Amended and Restated Credit
Agreement, dated as of March 23, 2018 (the “Senior-Priority Non-ABL Loan Agreement”), among Parent, the Borrower, the lenders party thereto, the Senior-Priority Non-ABL Loan Agent and the Senior-Priority Collateral Agent, the Senior-Priority Lenders have agreed to make loans and other extensions of credit to the Borrower; 

WHEREAS, pursuant to that certain Indenture dated as of January 27, 2014 (as it may be amended and supplemented from time to time, the
“2021 Secured Notes Indenture”), among Parent, the Borrower, the Subsidiaries of the Borrower party thereto, the Senior-Priority Collateral Agent and the 2021 Secured Notes Trustee, the Borrower issued $1,000,000,000 aggregate
principal amount of its 5.125% Senior Secured Notes due 2021; 

 WHEREAS, pursuant to that certain Indenture dated as of March 16, 2017 (as supplemented by
the First Supplemental Indenture dated as of March 16, 2017, relating thereto and the Second Supplemental Indenture dated as of May 12, 2017, relating thereto, and as it may be further amended and supplemented from time to time, the
“2023 Secured Notes Indenture”), among Parent, the Borrower, the Subsidiaries of the Borrower party thereto, the Senior-Priority Collateral Agent and the 2023 Secured Notes Trustee, the Borrower issued $3,100,000,000 aggregate
principal amount of its 6.250% Senior Secured Notes due 2023; 
 WHEREAS, pursuant to that certain Indenture dated as of June 22, 2018
(as it may be amended and supplemented from time to time, the “2023 Junior-Priority Secured Notes Indenture”), among Parent, the Borrower, the Subsidiaries of the Borrower party thereto, the Junior-Priority Collateral Agent (as
defined below) and the 2023 Junior-Priority Secured Notes Trustee, the Borrower issued $1,770,337,000 aggregate principal amount of its Junior-Priority Secured Notes due 2023; 

WHEREAS, pursuant to that certain Indenture dated as of June 22, 2018 (as it may be amended and supplemented from time to time, the
“2024 Junior-Priority Secured Notes Indenture”), among Parent, the Borrower, the Subsidiaries of the Borrower party thereto, the Junior-Priority Collateral Agent (as defined below) and the 2024 Junior-Priority Secured Notes Trustee,
the Borrower issued $1,354,663,000 aggregate principal amount of its 8.125% Junior-Priority Secured Notes due 2024; 
 WHEREAS, pursuant to
the Senior-Priority Guarantee and Collateral Agreement (as defined below) and the other Senior-Priority Documents (as defined below), the Borrower and the Grantors party thereto have guaranteed the payment and performance of the Borrower’s
obligations under the applicable Senior-Priority Documents (as defined below) and granted to the Senior-Priority Collateral Agent (for the benefit of the Senior-Priority Secured Parties (as defined below)) Liens on the Collateral; 

WHEREAS, pursuant to the Junior-Priority Collateral Agreement (as defined below) and the other Junior-Priority Documents (as defined below),
the Borrower and the Grantors party thereto have granted to the Junior-Priority Collateral Agent (for the benefit of the Junior-Priority Secured Parties (as defined below)) Liens on the Collateral; 

WHEREAS, the ABL Agent (on behalf of the ABL Secured Parties), each of the Initial Senior-Priority Agents (on behalf of the applicable
Senior-Priority Secured Parties), each of the Initial Junior-Priority Agents (on behalf of the applicable Junior-Priority Secured Parties), Parent, the Borrower and the other Grantors from time to time party hereto desire to agree to the relative
priority of Liens on the Collateral and certain other rights, priorities and interests as provided herein; 

  
 2 

 NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and obligations herein
set forth and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

 

	 	Section 1.	Definitions. 

 1.1.    Defined Terms. As used in this
Agreement, the following terms have the meanings specified below: 
 “2021 Secured Notes Indenture” shall
have the meaning set forth in the recitals to this Agreement. 
 “2021 Secured Notes Trustee” shall mean
Regions Bank, in its capacity as trustee under the 2021 Secured Notes Indenture and the other Senior-Priority Documents to which it is a party in such capacity, and also includes its successors and assigns, including any replacement or successor
trustee or any additional trustee under the 2021 Secured Notes Indenture. 
 “2023 Junior-Priority Secured Notes
Indenture” shall have the meaning set forth in the recitals to this Agreement. 
 “2023 Junior-Priority
Secured Notes Trustee” shall mean Regions Bank, in its capacity as trustee under the 2023 Junior-Priority Secured Notes Indenture and the other Junior-Priority Documents to which it is a party in such capacity, and also includes its
successors and assigns, including any replacement or successor trustee or any additional trustee under the 2023 Junior-Priority Secured Notes Indenture. 

“2023 Secured Notes Indenture” shall have the meaning set forth in the recitals to this Agreement. 

“2023 Secured Notes Trustee” shall mean Regions Bank, in its capacity as trustee under the 2023 Secured Notes
Indenture and the other Senior-Priority Documents to which it is a party in such capacity, and also includes its successors and assigns, including any replacement or successor trustee or any additional trustee under the 2023 Secured Notes Indenture.

 “2024 Junior-Priority Secured Notes Indenture” shall have the meaning set forth in the recitals to this
Agreement. 
 “2024 Junior-Priority Secured Notes Trustee” shall mean Regions Bank, in its capacity as
trustee under the 2024 Junior-Priority Secured Notes Indenture and the other Junior-Priority Documents to which it is a party in such capacity, and also includes its successors and assigns, including any replacement or successor trustee or any
additional trustee under the 2024 Junior-Priority Secured Notes Indenture. 
 “ABL Agent” shall mean,
initially, JPMorgan Chase Bank, N.A., in its capacity as administrative agent and collateral agent under the ABL Credit Agreement and the other ABL Loan Documents to which it is a party, and also includes its successors and assigns, including any
replacement or successor agent or any additional agent and, if applicable after the date hereof, any Additional Agent and its successors and assigns, including any replacement or successor agent or any additional agent, in its capacity as agent,
trustee or other representative (if any) under any Replacement ABL Credit Agreement. 

  
 3 

 “ABL Collateral” shall mean all of the property and interests in
property, real or personal, tangible or intangible, now owned or hereafter acquired by any Grantor in or upon which any ABL Secured Party, in its capacity as such, at any time has (or is purported to be granted) a Lien, and including all proceeds of
such property and interests in property. 
 “ABL Credit Agreement” shall have the meaning set forth in the
recitals to this Agreement. 
 “ABL Lenders” shall mean, collectively, any person party to any ABL Loan
Documents as a lender. 
 “ABL Loan Documents” shall mean (a) the ABL Credit Agreement, the ABL
Security Documents and each of the other “Loan Documents” as defined in the ABL Credit Agreement, (b) any Replacement ABL Credit Agreement and (c) any other related document or instrument executed or delivered pursuant to any
document in subclauses (a) or (b) at any time or otherwise evidencing or securing any Obligation arising under any such ABL Loan Document. 

“ABL Obligations” shall mean the “Obligations” as such term is defined in the ABL Credit Agreement
or any Replacement ABL Credit Agreement and all other obligations, liabilities and Indebtedness of every kind, nature and description owing by any Grantor to any ABL Secured Party, including principal, interest, charges, fees, premiums, indemnities
and expenses (including attorneys’ fees and expenses), however evidenced, whether as principal, surety, endorser, guarantor or otherwise, evidenced by or arising under the ABL Loan Documents, whether now existing or hereafter arising, whether
arising before, during or after the initial or any renewal term of the ABL Loan Documents or after the commencement of any case with respect to any Grantor under any Bankruptcy Law or any other Insolvency or Liquidation Proceeding (and including any
principal, interest, fees, costs, expenses and other amounts, which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case or similar proceeding),
whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured. 

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

(1)    all Accounts; 

(2)    all contract rights under agreements relating to Accounts; 

(3)    all Deposit Accounts, Commodity Accounts, Securities Accounts, including all money and Certificated
Securities, Uncertificated Securities, Securities Entitlements and Investment Property credited thereto or deposited therein (including all cash, marketable securities and other funds held in or on deposit in any such Deposit Account, Commodity
Account or Securities Account), and all cash and cash equivalents (in each case, other than (a) Equity Interests and (b) identifiable proceeds of the Term Loan Priority Collateral and any Deposit Account and cash therein designated by the

  
 4 

 
Borrower to each Agent in accordance with Section 9.8 as solely not constituting proceeds of ABL Priority Collateral, including any such account for proceeds (including
asset sale proceeds) of any Term Loan/Notes Priority Collateral, the proceeds of any issuance of Equity Interests or incurrence of Indebtedness, tax refunds, insurance proceeds other than those described under clause (6) below, monetary
judgments to the extent unrelated to Accounts or other ABL Priority Collateral, and indemnity payments relating to the sale of assets other than ABL Priority Collateral); 

(4)    all Instruments, Chattel Paper, Payment Intangibles and General Intangibles evidencing, governing or
otherwise pertaining to any of the foregoing (other than any Equity Interests and Intellectual Property); 
 (5)
    all books and Records, account ledgers, data processing records, computer software, other property, Supporting Obligations, Documents and related letters of credit, Letter-of-Credit Rights, Commercial Tort Claims or other claims and causes of action, in each case, to the extent related primarily to, or arising from, any of the foregoing; 

(6)    all claims under policies of business interruption insurance or otherwise relating to Accounts; and

 (7)    all substitutions, replacements, accessions, products and Proceeds (including, without
limitation, business interruption insurance Proceeds) of all or any of the foregoing. 
 “ABL Recovery”
shall have the meaning set forth in Section 6.5. 
 “ABL Secured Parties” shall
mean, collectively, (a) the ABL Agent, (b) the ABL Lenders, (c) the Issuing Banks with respect to letters of credit or similar instruments under the ABL Credit Agreement or under any Replacement ABL Credit Agreement, (d) each
other person to whom any ABL Obligations are owed and (e) the successors and assigns of each of the foregoing. 

“ABL Security Documents” shall mean the “Security Documents” as defined in the ABL Credit Agreement
or any similar term under any Replacement ABL Credit Agreement. 
 “ABL Standstill Period” shall have the
meaning set forth in Section 3.1(b). 
 “Additional Agent” shall mean any agent,
trustee or other representative (if any) of the Additional Holders of any Additional Debt. 
 “Additional
Debt” shall have the meaning set forth in Section 9.3(g). 
 “Additional
Holder” shall mean, collectively, any person party to any Additional Senior-Priority Document or any Additional Junior-Priority Document as a lender, noteholder, owner, holder or creditor. 

  
 5 

 “Additional Junior-Priority Debt” shall mean Additional Debt,
the obligations of which are, or are intended to be, secured by Liens on the Collateral that rank junior in priority (without regard to the control of remedies) to the Senior-Priority Obligations. 

“Additional Junior-Priority Document” shall mean any agreement, document or instrument governing or evidencing
any Additional Junior-Priority Debt. 
 “Additional Senior-Priority Debt” shall mean Additional Debt, the
obligations of which are, or are intended to be, secured by Liens on the Collateral that rank equal in priority (without regard to the control of remedies) with the obligations under the Senior-Priority
Non-ABL Loan Agreement, the 2021 Secured Notes Indenture and the 2023 Secured Notes Indenture. 

“Additional Senior-Priority Document” shall mean any agreement, document or instrument governing or evidencing
any Additional Senior-Priority Debt. 
 “Agents” shall mean, collectively, the ABL Agent, each
Senior-Priority Agent and each Junior-Priority Agent, sometimes being referred to herein individually as an “Agent”. 

“Agreement” shall mean this ABL Intercreditor Agreement. 

“Bankruptcy Code” shall mean the United States Bankruptcy Code, being Title 11 of the United States Code. 

“Bankruptcy Law” means the Bankruptcy Code 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. 
 “Borrower” shall have the meaning set forth in the preamble to this Agreement and shall
include (a) any other Person that at any time after the date hereof becomes a borrower or issuer in respect of any Obligations and (b) their respective successors and assigns. 

“Business Day” shall mean any day other than a Saturday, a Sunday or a day that is a legal holiday under the
Laws of the State of New York or on which banking institutions in the State of New York are required or authorized by Law or other governmental action to close. 

“Cash Collateral” shall mean any Collateral consisting of cash or cash equivalents, any Security Entitlement
and any Financial Assets. 
 “Cash Dominion Period” shall have the meaning assigned to such term in the ABL
Credit Agreement (or any similar term under any Replacement ABL Credit Agreement). 

  
 6 

 “Collateral” shall mean, collectively, the ABL Collateral and
the Term Loan/Notes Collateral. 
 “Debt Agreements” shall mean, collectively, the ABL Credit Agreement, any
Replacement ABL Credit Agreement, the Senior-Priority Non-ABL Loan Agreement, the 2021 Secured Notes Indenture (including the notes authenticated and issued thereunder), the 2023 Secured Notes Indenture
(including the notes authenticated and issued thereunder), the 2023 Junior-Priority Secured Notes Indenture (including the notes authenticated and issued thereunder), the 2024 Junior-Priority Secured Notes Indenture (including the notes
authenticated and issued thereunder) and any other credit agreement, indenture, note purchase agreement or other operative document that is entered into by the Borrower in connection with its incurrence or issuance of Additional Debt. 

“Deposit Account Collateral” shall mean that part of the Collateral comprised of or contained in Deposit
Accounts. 
 “Designated Term Loan/Notes Agent” shall mean, initially, the “Applicable Authorized
Representative” (or similar term) under the Senior-Priority Pari Passu Intercreditor Agreement; provided that if the Discharge of Senior-Priority Obligations has occurred, (a) if there is then only one Junior-Priority Agent, such
Junior-Priority Agent shall be the Designated Term Loan/Notes Agent and (b) if the Junior-Priority Pari Passu Intercreditor Agreement is then in effect, the “Applicable Authorized Representative” (or similar term) thereunder shall be
the Designated Term Loan/Notes Agent. Where the context requires, references to the Designated Term Loan/Notes Agent shall also be deemed to refer to the Senior-Priority Collateral Agent (or any other collateral agent) acting at the direction of the
Designated Term Loan/Notes Agent. 
 “DIP Financing” shall have the meaning set forth in
Section 6.1. 
 “DIP Financing Liens” shall have the meaning set forth in
Section 6.1. 
 “Discharge of ABL Obligations” shall mean, subject to the terms of
Section 9.3 hereof, (a) the termination of the commitments of the ABL Lenders and the financing arrangements provided by the ABL Lenders and the other ABL Secured Parties to the Grantors under the ABL Loan Documents,
(b) the payment in full in cash of the ABL Obligations (other than the ABL Obligations described in clause (c) of this definition and any ABL Obligations consisting of unasserted contingent obligations) and (c) payment in full in
cash, cash collateralization or at the option of the applicable Issuing Bank, the delivery to such Issuing Bank of a letter of credit payable to such Issuing Bank, in either case to the extent required under the terms of the ABL Credit Agreement, in
respect of letters of credit issued under the ABL Loan Documents. If, after receipt of any payment of, or proceeds of Collateral applied to the payment of, the ABL Obligations, the ABL Agent or any other ABL Secured Party is required to surrender or
return such payment or proceeds to any person for any reason, then the ABL Obligations intended to be satisfied by such payment or proceeds shall be reinstated and continue and this Agreement shall continue in full force and effect as if such
payment or proceeds had not been received by such ABL Agent or other ABL Secured Party, as the case may be, and no Discharge of ABL Obligations shall be deemed to have occurred. 

  
 7 

 “Discharge of Junior-Priority Obligations” shall mean, subject
to the terms of Section 9.3 hereof, the payment in full in cash of the Junior-Priority Obligations (other than any Junior-Priority Obligations consisting of unasserted contingent obligations). If, after receipt of any
payment of, or proceeds of Collateral applied to the payment of, the Junior-Priority Obligations, any Junior-Priority Agent or any other Junior-Priority Secured Party is required to surrender or return such payment or proceeds to any person for any
reason, then the Junior-Priority Obligations intended to be satisfied by such payment or proceeds shall be reinstated and continue and this Agreement shall continue in full force and effect as if such payment or proceeds had not been received by
such Junior-Priority Agent or other Junior-Priority Secured Party, as the case may be, and no Discharge of Junior-Priority Obligations shall be deemed to have occurred. 

“Discharge of Senior-Priority Obligations” shall mean, subject to the terms of
Section 9.3 hereof, (a) the termination of the commitments of the Senior-Priority Lenders and the financing arrangements provided by the Senior-Priority Lenders and the other applicable Senior-Priority Secured Parties
to the Grantors under the Senior-Priority Non-ABL Loan Agreement, (b) the payment in full in cash of the Senior-Priority Obligations (other than the Senior-Priority Obligations described in clause
(c) of this definition and any Senior-Priority Obligations consisting of unasserted contingent obligations) and (c) payment in full in cash, cash collateralization or at the option of the applicable Issuing Bank or Senior-Priority Secured
Party to whom any Term Loan Hedging/Cash Management Obligations are owed, the delivery to such Issuing Bank or other Senior-Priority Secured Party of a letter of credit payable to such Issuing Bank or other Senior-Priority Secured Party in either
case to the extent required under the terms of the Senior-Priority Non-ABL Loan Agreement, in respect of letters of credit issued under the Senior-Priority Non-ABL Loan
Agreement and Term Loan Hedging/Cash Management Obligations, respectively. If, after receipt of any payment of, or proceeds of Collateral applied to the payment of, the Senior-Priority Obligations, any Senior-Priority Agent or any other
Senior-Priority Secured Party is required to surrender or return such payment or proceeds to any person for any reason, then the Senior-Priority Obligations intended to be satisfied by such payment or proceeds shall be reinstated and continue and
this Agreement shall continue in full force and effect as if such payment or proceeds had not been received by such Senior-Priority Agent or other Senior-Priority Secured Party, as the case may be, and no Discharge of Senior-Priority Obligations
shall be deemed to have occurred. 
 “Discharge of Term Loan/Notes Obligations” shall mean, collectively,
the Discharge of Senior-Priority Obligations and the Discharge of Junior-Priority Obligations. 
 “Equity
Interests” shall mean shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity interests in any person, and any option, warrant or other right
entitling the holder thereof to purchase or otherwise acquire any such equity interest. 

  
 8 

 “First Priority Agent” shall mean, with respect to (a) any
ABL Priority Collateral, the ABL Agent, and (b) any Term Loan/Notes Priority Collateral, the Designated Term Loan/Notes Agent and, prior to the Discharge of Senior-Priority Obligations, unless the context otherwise requires, the Senior-Priority
Collateral Agent. 
 “First Priority Collateral” shall mean, with respect to (a) the Term Loan/Notes
Agents and the Term Loan/Notes Secured Parties, the Term Loan/Notes Priority Collateral, and (b) the ABL Agent and the ABL Secured Parties, the ABL Priority Collateral. 

“First Priority Documents” shall mean, with respect to (a) any ABL Priority Collateral, the ABL Loan
Documents, and (b) any Term Loan/Notes Priority Collateral, the Term Loan/Notes Documents. 
 “First Priority
Obligations” shall mean, with respect to (a) any ABL Priority Collateral, the ABL Obligations, and (b) any Term Loan/Notes Priority Collateral, the Term Loan/Notes Obligations. 

“First Priority Secured Parties” shall mean, with respect to (a) any ABL Priority Collateral, the ABL
Secured Parties and (b) any Term Loan/Notes Priority Collateral, the Term Loan/Notes Secured Parties. 
 “Future
Secured Term Indebtedness” shall mean Additional Senior-Priority Debt or Additional Junior-Priority Debt that is so designated by the Borrower at the time of incurrence thereof as Future Secured Term Indebtedness hereunder in accordance
with Section 9.3; provided that such Indebtedness is incurred, and the Liens securing such Indebtedness are granted, in compliance with the ABL Credit Agreement, the Senior-Priority
Non-ABL Loan Agreement, the 2021 Secured Notes Indenture, the 2023 Secured Notes Indenture, the 2023 Junior-Priority Secured Notes Indenture, the 2024 Junior-Priority Secured Notes Indenture and each other
Additional Senior-Priority Document and Additional Junior-Priority Document then in effect, as applicable; provided, further, that the Additional Holders of such Future Secured Term Indebtedness (or the applicable Additional Agent on
their behalf) shall enter into an Intercreditor Agreement Joinder pursuant to Section 9.3. 

“Governmental Authority” shall mean 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. 
 “Grantors” shall mean, collectively, Parent, the Borrower, the Guarantors and each Subsidiary
of the Borrower or any Guarantor that shall have created (or purported to create) a Lien on its assets to secure any ABL Obligations or Term Loan/Notes Obligations, together with their respective successors and assigns. 

“Guarantors” shall mean, collectively, (a) Parent, (b) the other Guarantors identified on the signature
pages hereto, (c) any other Person that at any time after the 

  
 9 

 
date hereof becomes a party to a guarantee in favor of any of the ABL Secured Parties in respect of any of the ABL Obligations, any of the Senior-Priority Secured Parties in respect of any of the
Senior-Priority Obligations or any of the Junior-Priority Secured Parties in respect of any of the Junior-Priority Obligations and (d) their respective successors and assigns. 

“Indebtedness” shall have the meaning provided in the ABL Credit Agreement or the Senior-Priority Non-ABL Loan Agreement as in effect on the date hereof, as the context may require. 

“Initial Junior-Priority Agent” shall mean each of the Junior-Priority Collateral Agent, the 2023
Junior-Priority Secured Notes Trustee and the 2024 Junior-Priority Secured Notes Trustee. 
 “Initial Senior-Priority
Agent” shall mean each of the Senior-Priority Collateral Agent, the Senior-Priority Non-ABL Loan Agent, the 2021 Secured Notes Trustee and the 2023 Secured Notes Trustee. 

“Insolvency or Liquidation Proceeding” shall mean (a) any voluntary or involuntary case or proceeding
under any Bankruptcy Law with respect to any Grantor, (b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with
respect to any Grantor or with respect to any of their respective assets, (c) any proceeding seeking the appointment of any trustee, receiver, liquidator, custodian or other insolvency official with similar powers with respect to such Person or
any or all of its assets or properties, (d) any liquidation, dissolution, reorganization or winding up of any Grantor whether voluntary or involuntary and whether or not involving insolvency or bankruptcy or (e) any assignment for the
benefit of creditors or any other marshalling of assets and liabilities of any Grantor. 
 “Intellectual
Property” shall have the meaning set forth in the ABL Security Documents in effect on the date hereof. 

“Intercreditor Agreement Joinder” shall mean, with respect to any Grantor or any Additional Agent, an
agreement substantially in the form of Exhibit A hereto, executed by such Grantor or such Additional Agent, as applicable, and delivered by it to each Term Loan/Notes Agent, the ABL Agent and the Borrower. 

“Issuing Bank” shall mean, as the context requires, any “Issuing Bank” as defined in the ABL Credit
Agreement or the Senior-Priority Non-ABL Loan Agreement or any similar term under any Replacement ABL Credit Agreement or any Additional Senior-Priority Document. 

“Junior-Priority Agent” shall mean initially, each Initial Junior-Priority Agent and, if applicable after the
date hereof, any Additional Agent and its successors and assigns, including any replacement or successor agent or any additional agent, in its capacity as agent, trustee or other representative (if any) under any applicable Additional
Junior-Priority Documents. 

  
 10 

 “Junior-Priority Collateral Agent” shall mean Regions Bank, in
its capacity as collateral agent under the Junior-Priority Documents to which it is a party, and also includes its successors and assigns, including any replacement or successor collateral agent or any additional collateral agent under the
Junior-Priority Documents. 
 “Junior-Priority Collateral Agreement” shall mean the Junior-Priority
Collateral Agreement dated as of June 22, 2018, by and among Parent, the Borrower, the subsidiaries of the Borrower from time to time party thereto, the Junior-Priority Collateral Agent, and each additional authorized representative from time
to time party thereto, together with the documents related thereto (including reaffirmation agreements, the supplements thereto and certificates delivered thereunder designating indebtedness and other obligations as “Pari Passu Debt
Obligations” thereunder), as amended, restated, supplemented or otherwise modified from time to time. 

“Junior-Priority Documents” shall mean, collectively, (a) the 2023 Junior-Priority Secured Notes
Indenture (including the notes authenticated and issued thereunder), the 2024 Junior-Priority Secured Notes Indenture (including the notes authenticated and issued thereunder) and the Junior-Priority Security Documents, (b) any Additional
Junior-Priority Document and (c) any other related document or instrument executed or delivered pursuant to any document in subclauses (a) and (b) at any time or otherwise evidencing or securing any Obligation arising under any such
Junior-Priority Document. 
 “Junior-Priority Holders” shall mean, collectively, any person in the capacity
as a lender, noteholder, owner, holder or creditor under any Junior-Priority Document (and, including any other lender, noteholder, owner, holder or creditor or group of lenders, noteholders, owners, holders or creditors that at any time Refinances
all or any portion of the Junior-Priority Obligations or any person otherwise in the capacity of a lender, noteholder, owner, holder or creditor); sometimes being referred to herein individually as a “Junior-Priority Holder”. 

“Junior-Priority Intercreditor Agreement” shall mean the Senior-Junior Lien Intercreditor Agreement dated as
of June 22, 2018, among the Senior-Priority Collateral Agent, the Junior-Priority Collateral Agent, the Borrower, Parent, the subsidiaries of the Borrower from time to time party thereto, and each additional agent from time to time party
thereto, as amended, supplemented, modified or restated from time to time. 
 “Junior-Priority Obligations”
shall mean all obligations, liabilities and Indebtedness of every kind, nature and description owing by any Grantor to the Junior-Priority Agent or any Junior-Priority Secured Party, including principal, interest, charges, fees, premiums,
indemnities and expenses (including attorneys’ fees and expenses), however evidenced, whether as principal, surety, endorser, guarantor or otherwise, evidenced by or arising under any of the Junior-Priority Documents, whether now existing or
hereafter arising, whether arising before, during or after the initial or any renewal term of the Junior-Priority Documents or after the commencement of any case with respect to any Grantor under the Bankruptcy Code or any other Insolvency or
Liquidation Proceeding (and including any principal, interest, fees, costs, expenses and other amounts, which would accrue and become due but for the commencement of such 

  
 11 

 
case, whether or not such amounts are allowed or allowable in whole or in part in such case or similar proceeding), whether direct or indirect, absolute or contingent, joint or several, due or
not due, primary or secondary, liquidated or unliquidated, secured or unsecured. 
 “Junior-Priority Pari Passu
Intercreditor Agreement” shall mean the Junior-Priority Lien Pari Passu Intercreditor Agreement dated as of June 22, 2018, among the Junior-Priority Collateral Agent, the 2023 Junior-Priority Secured Notes Trustee, the 2024
Junior-Priority Secured Notes Trustee, and each authorized representative from time to time party thereto, as amended, supplemented, modified or restated from time to time. 

“Junior-Priority Secured Parties” shall mean, collectively, (a) each Junior-Priority Agent, (b) the
Junior-Priority Holders, (c) each other person to whom any Junior-Priority Obligations are owed and (d) the successors and assigns of each of the foregoing. 

“Junior-Priority Security Documents” shall mean (a) the Junior-Priority Collateral Agreement and the
“Notes Collateral Documents” as defined in each of the 2023 Junior-Priority Secured Notes Indenture and the 2024 Junior-Priority Secured Notes Indenture and (b) any similar terms used in any Junior-Priority Document that creates
and/or perfects or purports to create and/or perfect any Lien on the Collateral for the benefit of the applicable Junior-Priority Secured Party under such Junior-Priority Documents. 

“Law” shall mean, collectively, all international, foreign, federal, state and local statutes, treaties,
rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents, orders, decrees, injunctions 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. 

“Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, encumbrance,
charge or security interest in or on such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect
as any of the foregoing) relating to such asset. For the avoidance of doubt, the term “Lien” shall not be deemed to include any license of intellectual property. 

“Obligations” shall mean, as applicable, any ABL Obligations, any Senior-Priority Obligations or any
Junior-Priority Obligations. 
 “Ordinary Course Collections” shall have the meaning set forth in
Section 4.2. 
 “Parent” shall have the meaning set forth in the preamble to this
Agreement. 
 “Pari Passu Intercreditor Agreement” shall mean a Senior-Priority Pari Passu Intercreditor
Agreement or a Junior-Priority Pari Passu Intercreditor Agreement. 

  
 12 

 “Patents” shall mean all of the following now owned or hereafter
acquired by any Grantor: (a) all letters patent of the United States or the equivalent thereof in any other country, all registrations and recordings thereof, and all applications for letters patent of the United States or the equivalent
thereof in any other country, including registrations, recordings and pending applications in the United States Patent and Trademark Office (or any successor or any similar offices in any other country), and (b) all reissues, continuations,
divisions, continuations-in-part, renewals or extensions thereof, and the inventions disclosed or claimed therein, including the right to exclude others from making,
using and/or selling the inventions disclosed or claimed therein. 
 “Payment Collateral” shall mean all
Accounts, Instruments, Chattel Paper, Letter-of-Credit Rights, Deposit Accounts, Securities Accounts and Payment Intangibles, together with all Supporting Obligations,
in each case composing a portion of the Collateral. 
 “Person” or “person” shall mean any
natural person, corporation, business trust, joint venture, association, company, limited liability company, partnership, Governmental Authority or other entity. 

“Pledged Collateral” shall mean the Collateral in the possession of the ABL Agent (or its agents or bailees)
or a Term Loan/Notes Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code or other applicable Law. 

“Refinance” shall mean, with respect to any Indebtedness (the “Refinanced Indebtedness”), to
incur any Indebtedness in exchange for or as a replacement of (including by entering into alternative financing arrangements in respect of such exchange or replacement (in whole or in part), by adding or replacing lenders, creditors, agents,
borrowers and/or guarantors, or, after the original instrument giving rise to such Indebtedness has been terminated, by entering into any credit agreement, loan agreement, note purchase agreement, indenture or other agreement), or the net proceeds
of which are to be used for the purpose of modifying, extending, refinancing, renewing, replacing, redeeming, repurchasing, defeasing, amending, supplementing, restructuring, repaying, prepaying, retiring, extinguishing or refunding such Refinanced
Indebtedness. “Refinanced” and “Refinancing” have correlative meanings. 

“Replacement ABL Credit Agreement” shall have the meaning set forth in
Section 9.3(b). 
 “Second Priority Agent” shall mean, with respect to
(a) any ABL Priority Collateral, the Designated Term Loan/Notes Agent and, prior to the Discharge of Senior-Priority Obligations, unless the context otherwise requires, the Senior-Priority Collateral Agent and (b) any Term Loan/Notes
Priority Collateral, the ABL Agent. 
 “Second Priority Documents” shall mean, with respect to (a) any
ABL Priority Collateral, the Term Loan/Notes Documents, and (b) any Term Loan/Notes Priority Collateral, the ABL Loan Documents. 

  
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 “Second Priority Obligations” shall mean, with respect to
(a) any ABL Priority Collateral, the Term Loan/Notes Obligations, and (b) any Term Loan/Notes Priority Collateral, the ABL Obligations. 

“Second Priority Secured Parties” shall mean, with respect to (a) any ABL Priority Collateral, the Term
Loan/Notes Secured Parties, and (b) any Term Loan/Notes Priority Collateral, the ABL Secured Parties. 

“Secured Parties” shall mean the ABL Secured Parties or the Term Loan/Notes Secured Parties, or both, as the
context requires. 
 “Senior-Priority Agent” shall mean, initially, each Initial Senior-Priority Agent and,
if applicable after the date hereof, any Additional Agent and its successors and assigns, including any replacement or successor agent or any additional agent, in its capacity as agent, trustee or other representative (if any) under any applicable
Additional Senior-Priority Documents. 
 “Senior-Priority Collateral Agent” shall mean Credit Suisse AG, in
its capacity as collateral agent under the Senior-Priority Documents to which it is a party, and also includes its successors and assigns, including any replacement or successor collateral agent or any additional collateral agent under the
Senior-Priority Documents. 
 “Senior-Priority Documents” shall mean, collectively, (a) the
Senior-Priority Non-ABL Loan Agreement, the 2021 Secured Notes Indenture (including the notes authenticated and issued thereunder), the 2023 Secured Notes Indenture (including the notes authenticated and
issued thereunder) and the Senior-Priority Security Documents, (b) any Additional Senior-Priority Document and (c) any other related document or instrument executed or delivered pursuant to any document in subclauses (a) and (b) at
any time or otherwise evidencing or securing any obligation arising under any such Senior-Priority Document. 

“Senior-Priority Guarantee and Collateral Agreement” shall mean the Amended and Restated Guarantee and
Collateral Agreement dated as of July 25, 2007, as amended and restated as of November 5, 2010, among Parent, the Borrower, the subsidiaries of the Borrower from time to time party thereto, the Senior-Priority Collateral Agent, and each
additional authorized representative from time to time party thereto, together with the documents related thereto (including reaffirmation agreements, the supplements thereto and certificates delivered thereunder designating indebtedness and other
obligations as “Pari Passu Debt Obligations” thereunder), as amended, restated, supplemented or otherwise modified from time to time. 

“Senior-Priority Holders” shall mean, collectively, any person in the capacity of a lender, noteholder, owner,
holder or creditor under any Senior-Priority Document (and, including any other lender, noteholder, owner, holder or creditor or group of lenders, noteholders, owners, holders or creditors that at any time Refinances all or any portion of the
Senior-Priority Obligations or any person otherwise in the capacity of a lender, noteholder, owner, holder or creditor under any Senior-Priority Document) (including the Senior-Priority Lenders); sometimes being referred to herein individually as a
“Senior-Priority Holder”. 

  
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 “Senior-Priority Lenders” shall mean, collectively, any person
party to Senior-Priority Non-ABL Loan Agreement as a lender. 

“Senior-Priority Non-ABL Loan Agent” shall mean, initially, Credit
Suisse AG, in its capacity as administrative agent under the Senior-Priority Non-ABL Loan Agreement and the other Senior-Priority Documents to which it is a party. 

“Senior-Priority Non-ABL Loan Agreement” shall have the meaning set
forth in the recitals to this Agreement. 
 “Senior-Priority Obligations” shall mean the
“Obligations” as defined in the Senior-Priority Guarantee and Collateral Agreement and all other obligations, liabilities and Indebtedness of every kind, nature and description owing by any Grantor to any Senior-Priority Secured Party,
including principal, interest, charges, fees, premiums, indemnities and expenses (including attorneys’ fees and expenses), however evidenced, whether as principal, surety, endorser, guarantor or otherwise, evidenced by or arising under any of
the Senior-Priority Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Senior-Priority Documents or after the commencement of any case with respect to any Grantor
under the Bankruptcy Code or any other Insolvency or Liquidation Proceeding (and including any principal, interest, fees, costs, expenses and other amounts, which would accrue and become due but for the commencement of such case, whether or not such
amounts are allowed or allowable in whole or in part in such case or similar proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured.

 “Senior-Priority Pari Passu Intercreditor Agreement” shall mean the First Lien Intercreditor Agreement
dated as of August 17, 2012, among the Senior-Priority Collateral Agent, the Senior-Priority Non-ABL Loan Agent, the 2021 Secured Notes Trustee, the 2023 Secured Notes Trustee and each additional
authorized representative from time to time party thereto, as amended, supplemented, modified or restated from time to time. 

“Senior-Priority Secured Parties” shall mean, collectively, (a) each Senior-Priority Agent, (b) the
Senior-Priority Holders, (c) the Issuing Banks with respect to letters of credit or similar instruments under the Senior-Priority Non-ABL Loan Agreement, (d) each other Person to whom any
Senior-Priority Obligations are owed (including any Person to whom Term Loan Hedging/Cash Management Obligations are owed) and (e) the successors and assigns of each of the foregoing. 

“Senior-Priority Security Documents” shall mean (a) the Senior-Priority Guarantee and Collateral
Agreement and all other “Security Documents” as defined in the Senior-Priority Non-ABL Loan Agreement, (b) the “Notes Collateral Documents” as defined in the 2021 Secured Notes
Indenture and as defined in the 2023 Secured Notes 

  
 15 

 
Indenture and (c) any similar term used in any Senior-Priority Document to describe any Senior-Priority Document that creates and/or perfects or purports to create and/or perfect any Lien on
the Collateral for the benefit of the applicable Senior-Priority Secured Parties under such Senior-Priority Documents. 

“Subsidiary” shall mean any “Subsidiary” of the Borrower or any Guarantor as defined in the
Senior-Priority Non-ABL Loan Agreement and the ABL Credit Agreement. 
 “Term
Loan Hedging/Cash Management Obligations” shall mean all obligations described in clause (b) of the definition of “Bank Loan Obligations” in the Senior-Priority Guarantee and Collateral Agreement. 

“Term Loan/Notes Agents” shall mean, collectively, the Senior-Priority Collateral Agent, the Senior-Priority Non-ABL Loan Agent, the 2021 Secured Notes Trustee, the 2023 Secured Notes Trustee, the Junior-Priority Collateral Agent, the 2023 Junior-Priority Secured Notes Trustee, the 2024 Junior-Priority Secured Notes
Trustee and each Additional Agent for any Future Secured Term Indebtedness or the Additional Holders thereof. 

“Term Loan/Notes Agreements” shall mean, collectively, the Senior-Priority
Non-ABL Loan Agreement, the 2021 Secured Notes Indenture (including the notes authenticated and issued thereunder), the 2023 Secured Notes Indenture (including the notes authenticated and issued thereunder),
the 2023 Junior-Priority Secured Notes Indenture (including the notes authenticated and issued thereunder), the 2024 Junior-Priority Secured Notes Indenture (including the notes authenticated and issued thereunder) and each Debt Agreement with
respect to any Future Secured Term Indebtedness. 
 “Term Loan/Notes Collateral” shall mean all of the
property and interests in property, real or personal, tangible or intangible, now owned or hereafter acquired by any Grantor in or upon which any Term Loan/Notes Secured Party at any time has (or is purported to have) a Lien, and including all
proceeds of such property and interests in property. 
 “Term Loan/Notes Documents” shall mean (a) the
Term Loan/Notes Agreements, the Term Loan/Notes Security Documents and each of the other Senior-Priority Documents and Junior-Priority Documents, (b) any Debt Agreement or other document or instrument evidencing or governing any Future Secured
Term Indebtedness and any related collateral documents, (c) each agreement, document or instrument providing for or evidencing Term Loan Hedging/Cash Management Obligations, (d) the Senior-Priority Pari Passu Intercreditor Agreement, the
Junior-Priority Pari Passu Intercreditor Agreement and the Junior-Priority Intercreditor Agreement and (e) any other related document or instrument executed or delivered pursuant to any document in subclauses (a) through (d) at any time or
otherwise evidencing or securing any Obligation arising under any such Term Loan/Notes Document. 

  
 16 

 “Term Loan/Notes Obligations” shall mean, collectively, the
Senior-Priority Obligations and the Junior-Priority Obligations. 
 “Term Loan/Notes Priority Collateral”
shall mean all Collateral (other than ABL Priority Collateral), all identifiable (including pursuant to designation by the Borrower) cash, money, Instruments, Securities, Financial Assets and Deposit Accounts directly received as proceeds of any
Term Loan/Notes Priority Collateral. 
 “Term Loan/Notes Recovery” shall have the meaning set forth in
Section 6.5 hereof. 
 “Term Loan/Notes Secured Parties” shall mean the
Senior-Priority Secured Parties and the Junior-Priority Secured Parties. 
 “Term Loan/Notes Security
Documents” shall mean the Senior-Priority Security Documents and the Junior-Priority Security Documents. 

“Term Loan/Notes Standstill Period” shall have the meaning set forth in
Section 3.1(a). 
 “Trademarks” shall mean all of the following now owned or
hereafter acquired by any Grantor: (a) all registered trademarks, service marks, trade names, corporate names, company names, business names, fictitious business names, trade styles, trade dress, logos, other source or business identifiers,
designs and general intangibles of like nature, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all registration and recording applications filed in connection therewith, including registrations and
applications for registration (other than intent-to-use applications) in the United States Patent and Trademark Office (or any successor office) or any similar offices
in any State of the United States, and all extensions or renewals thereof, and (b) all goodwill associated therewith or symbolized thereby. 

“Uniform Commercial Code” or “UCC” shall mean the Uniform Commercial Code as in effect from
time to time in the State of New York; provided that if, by reason of mandatory provisions of Law, perfection or the effect of perfection or non-perfection or the priority of a security interest in any
Collateral or the availability of any remedy hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other than New York, “Uniform Commercial Code” means the Uniform Commercial Code as in effect in such other
jurisdiction for purposes of the provisions hereof relating to such perfection or effect of perfection or non-perfection or priority or availability of such remedy, as the case may be. 

1.2.    Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of
the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by
the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise, (a) any definition of or reference to any
agreement, instrument or other document herein shall be deemed to include all subsequent 

  
 17 

 
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 such agreement, instrument or other document, (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns, and as to the Borrower, any Guarantor or any other Grantor, shall be
deemed to include a receiver, trustee or debtor-in-possession on behalf of any of such person or on behalf of any such successor or assign, (c) the words
“herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) except as otherwise expressly provided,
all references herein to Sections shall be construed to refer to Sections of this Agreement, (e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible
and intangible assets and properties, including cash, securities, accounts and contract rights and (f) references to any Law shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting
such Law. 
 1.3.    UCC Definitions. The following terms which are defined in uncapitalized form or otherwise
defined in Articles 8 or 9 of the Uniform Commercial Code are used herein as so defined or used, as the context requires: Accounts, Certified Securities, Chattel Paper, Commercial Tort Claims, Commodity Account, Deposit Account, Document, Electronic
Chattel Paper, Equipment, Financial Asset, Fixtures, General Intangible, Instruments, Inventory, Investment Property, Letter-of-Credit Right, Payment Intangible,
Proceeds, Records, Securities Account, Security Entitlement, Supporting Obligation, Tangible Chattel Paper and Uncertificated Securities. 
  

	 	Section 2.	Priority of Liens. 

 2.1.    Subordination of Liens.
Notwithstanding the date, manner or order of grant, attachment or perfection of any Liens granted to the ABL Agent or the ABL Secured Parties or the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties and notwithstanding any provision of
the UCC or any applicable Law or any provisions of the ABL Loan Documents or the Term Loan/Notes Documents or any other circumstance whatsoever, the ABL Agent, for itself and on behalf of each ABL Secured Party, and each Term Loan/Notes Agent, on
behalf of itself and each applicable Term Loan/Notes Secured Party, hereby agrees that: 
 (a)    any Lien on the ABL
Priority Collateral securing any ABL Obligations now or hereafter held by or for the benefit of or on behalf of any ABL Secured Party or any agent or trustee therefor shall be senior in right, priority, operation, effect and in all other respects to
any Lien on the ABL Priority Collateral securing any Term Loan/Notes Obligations now or hereafter held by or for the benefit or on behalf of any Term Loan/Notes Secured Party or any agent or trustee therefor, 

(b)    any Lien on the ABL Priority Collateral securing any Term Loan/Notes Obligations now or hereafter held by or for
the benefit of or on behalf of any Term Loan/Notes Secured Party or any agent or trustee therefor shall be junior and subordinate in all respects to all Liens on the ABL Priority Collateral securing any ABL Obligations now or hereafter held by or
for the benefit or on behalf of any ABL Secured Party or any agent or trustee therefor, 

  
 18 

 (c)    any Lien on the Term Loan/Notes Priority Collateral securing any Term
Loan/Notes Obligations now or hereafter held by or for the benefit of or on behalf of any Term Loan/Notes Secured Party or any agent or trustee therefor shall be senior in right, priority, operation, effect and in all other respects to any Lien on
the Term Loan/Notes Priority Collateral securing any ABL Obligations now or hereafter held by or for the benefit or on behalf of any ABL Secured Party or any agent or trustee therefor, and 

(d)    any Lien on the Term Loan/Notes Priority Collateral securing any ABL Obligations now or hereafter held by or for
the benefit of or on behalf of any ABL Secured Party or any agent or trustee therefor shall be junior and subordinate in all respects to all Liens on the Term Loan/Notes Priority Collateral securing any Term Loan/Notes Obligations now or hereafter
held by or for the benefit or on behalf of any Term Loan/Notes Secured Party or any agent or trustee therefor. 
 All Liens on the ABL
Priority Collateral securing any ABL Obligations shall be and remain senior in all respects and prior to all Liens on the ABL Priority Collateral securing any Term Loan/Notes Obligations for all purposes, whether or not such Liens securing any ABL
Obligations are subordinated to any Lien securing any other obligation of the Borrower, any other Grantor or any other Person, and all Liens on the Term Loan/Notes Priority Collateral securing any Term Loan/Notes Obligations shall be and remain
senior in all respects and prior to all Liens on the Term Loan/Notes Priority Collateral securing any ABL Obligations for all purposes, whether or not such Liens securing any Term Loan/Notes Obligations are subordinated to any Lien securing any
other obligation of the Borrower, any other Grantor or any other Person. 
 2.2.    Prohibition on Contesting
Liens. The ABL Agent, for itself and on behalf of each ABL Secured Party, and each Term Loan/Notes Agent, for itself and on behalf of each applicable Term Loan/Notes Secured Party, agrees that it shall not (and hereby waives any right to)
contest, or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the perfection, priority, validity or enforceability of a Lien held by or for the benefit or on behalf of any ABL Secured
Party in any Collateral or by or on behalf of any of the Term Loan/Notes Secured Parties in any Collateral, as the case may be; provided that nothing in this Agreement shall be construed to prevent or impair the rights of any ABL Secured
Party or Term Loan/Notes Secured Party to enforce this Agreement. 
 2.3.    No New Liens. 

(a)    So long as the Discharge of ABL Obligations has not occurred, the parties hereto agree that, after the date hereof,
except as otherwise provided herein, if any Term Loan/Notes Secured Party shall hold any Lien on any assets of any Grantor securing any Term Loan/Notes Obligations that are not also subject to the Lien of the ABL Agent under the ABL Loan Documents
(except for any assets that are expressly not required to be subject to a Lien of the ABL Agent under the ABL Loan Documents), such Grantor shall promptly give written notice thereof to the ABL Agent and shall grant a Lien thereon to the ABL Agent
in a manner and on terms reasonably satisfactory to the ABL Agent. 

  
 19 

 (b)    So long as the Discharge of Term Loan/Notes Obligations has not
occurred, the parties hereto agree that, after the date hereof, except as otherwise provided herein, if any ABL Secured Party shall hold any Lien on any assets of any Grantor securing any ABL Obligations that are not also subject to the Lien of each
applicable Term Loan/Notes Agent under the applicable Term Loan/Notes Documents (except for any assets that are expressly not required to be subject to a Lien of such Term Loan/Notes Agent under the applicable Term Loan/Notes Documents), such
Grantor shall promptly give written notice thereof to the applicable Term Loan/Notes Agent and shall grant a Lien thereon to such Term Loan/Notes Agent in a manner and on terms reasonably satisfactory to such Term Loan/Notes Agent. 

(c)    To the extent that the provisions of this Section 2.3 are not complied with for any
reason, without limiting any other right or remedy available to any First Priority Agent or any other applicable First Priority Secured Party, each Second Priority Agent agrees, for itself and on behalf of the other Second Priority Secured Parties,
that any amount received by or distributed to any such Second Priority Secured Party pursuant to or as a result of any Lien granted in contravention of this Section shall be subject to Section 4 hereof. 

(d)    Notwithstanding anything in this Agreement to the contrary, (i) cash and cash equivalents may be pledged to
secure ABL Obligations consisting of reimbursement obligations in respect of Letters of Credit (as such term is defined in the ABL Credit Agreement or any similar term under any Replacement ABL Credit Agreement) or otherwise as required by
Section 2.23 of the ABL Credit Agreement (or any similar provision in any Replacement ABL Credit Agreement) and (ii) cash and cash equivalents may be pledged to secure Term Loan/Notes Obligations consisting of reimbursement obligations in
respect of Letters of Credit (as such term is defined in the Senior-Priority Non-ABL Loan Agreement or any similar term under any Additional Senior-Priority Document) or otherwise as required by
Section 2.23 of the Senior-Priority Non-ABL Loan Agreement (or any similar provision in any Additional Senior-Priority Document). 

2.4.    Perfection of Liens. With respect to any portion of the Collateral, no First Priority Agent nor any First
Priority Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Priority Agents and the Second Priority Secured Parties. The provisions of this
Agreement are intended solely to govern the respective Lien priorities as between the ABL Secured Parties as a class on the one hand, and the Term Loan/Notes Secured Parties, as a class on the other hand, and shall not impose on the ABL Agent, the
Term Loan/Notes Agents, the ABL Secured Parties, the Term Loan/Notes Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior perfected claims
therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable Law. 

2.5.    Waiver of Marshalling. 

(a)    Until the Discharge of ABL Obligations, each Term Loan/Notes Agent, on behalf of itself and the applicable Term
Loan/Notes Secured Parties, agrees not to assert and hereby waives, to the fullest extent permitted by Law, any right to demand, request, plead or otherwise assert or otherwise claim the benefit of, any marshalling, appraisal, valuation or other

  
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similar right that may otherwise be available under applicable Law with respect to the ABL Priority Collateral or any other similar rights a junior secured creditor may have under applicable Law
with respect to the ABL Priority Collateral. 
 (b)    Until the Discharge of Term Loan/Notes Obligations, the ABL
Agent, on behalf of itself and the ABL Secured Parties, agrees not to assert and hereby waives, to the fullest extent permitted by Law, any right to demand, request, plead or otherwise assert or otherwise claim the benefit of, any marshalling,
appraisal, valuation or other similar right that may otherwise be available under applicable Law with respect to the Term Loan/Notes Priority Collateral or any other similar rights a junior secured creditor may have under applicable Law with respect
to the Term Loan/Notes Priority Collateral. 
  

	 	Section 3.	Enforcement. 

 3.1.    Exercise of Remedies. 

(a)    So long as the Discharge of ABL Obligations has not occurred, whether or not any Insolvency or Liquidation
Proceeding has been commenced by or against the Borrower or any other Grantor, each Term Loan/Notes Agent agrees, for itself and on behalf of the other applicable Term Loan/Notes Secured Parties, that, subject to
Section 5.6: 
 (i)    it will not (x) contest, protest or object to any
foreclosure proceeding or action brought with respect to the ABL Priority Collateral by the ABL Agent or any ABL Secured Party in respect of the ABL Obligations or any other exercise by any such party of any rights and remedies relating to the ABL
Priority Collateral or otherwise in respect of ABL Obligations, or (y) contest, protest or object to the forebearance by any ABL Secured Party from bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or
remedies relating to any of the ABL Priority Collateral in respect of ABL Obligations, and 

(ii)    except as otherwise provided herein, the ABL Agent and the ABL Secured Parties shall have the
exclusive right to enforce rights, exercise remedies (including setoff and the right to credit bid their debt) and make determinations regarding the release, disposition or restrictions with respect to the ABL Priority Collateral and commence or
seek to commence any action or proceeding with respect to such rights or remedies (including any foreclosure action or proceeding or any Insolvency or Liquidation Proceeding (provided that the ABL Agent and the ABL Secured Parties shall only
be permitted to commence an Insolvency or Liquidation Proceeding pursuant to applicable Law as contemplated by Section 5.4 hereof)) without any consultation with or the consent of any Term Loan/Notes Agent or any Term
Loan/Notes Secured Party; provided, however, that (A) in any Insolvency or Liquidation Proceeding commenced by or against the Borrower or any other Grantor, each Term Loan/Notes Agent may file a proof of claim or statement of
interest with respect to the applicable Term Loan/Notes Obligations and shall be entitled to file any proof of claim and other filings, make any arguments and motions and take any other action in order to preserve or protect their Liens on the ABL
Collateral that are, in each case, in accordance with the terms of this Agreement, with respect to the Term Loan/Notes Obligations and the ABL Priority 

  
 21 

 
Collateral, (B) each Term Loan/Notes Agent may send such notices of the existence of, or any evidence or confirmation of, the applicable Term Loan/Notes Obligations or the Liens of such Term
Loan/Notes Agent in the ABL Priority Collateral to any court or Governmental Authority, or file or record any such notice or evidence to the extent necessary to prove or preserve the Liens of such Term Loan/Notes Agent in the ABL Priority
Collateral, (C) each Term Loan/Notes Agent may file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other pleading made by any Person objecting to or otherwise seeking the disallowance
of the claims of any applicable Term Loan/Notes Secured Party, including any claims secured by the ABL Priority Collateral, or otherwise make any agreements or file any motions pertaining to the applicable Term Loan/Notes Obligations, in each case
to the extent not inconsistent with the terms of this Agreement, (D) each Term Loan/Notes Agent may commence legal proceedings against a Grantor (but not any of the ABL Priority Collateral); provided that, such legal proceedings could
not reasonably be expected to interfere with the rights of the ABL Agent or any other ABL Secured Party in and to the ABL Priority Collateral or the ABL Obligations or the exercise by the ABL Agent or any other ABL Secured Party of such rights and
does not involve any contest or challenge to the validity, perfection, priority or enforceability of the Liens of the ABL Agent or any other ABL Secured Party or of the ABL Agent or any other ABL Obligations and in any event no Term Loan/Notes Agent
may enforce any judgment against any of the ABL Priority Collateral, (E) the Term Loan/Notes Secured Parties may exercise rights and remedies that may be exercised by unsecured creditors to the extent provided in
Section 5.4 hereof and not otherwise inconsistent with the terms hereof, including, in any Insolvency or Liquidation Proceeding, the right to file any pleadings, objections, motions or agreements which assert rights or
interests available to unsecured creditors of the Grantors arising under either Bankruptcy Law or applicable non-bankruptcy Law (other than initiating or joining in an involuntary case or proceeding under the
Bankruptcy Code with respect to a Grantor, except as otherwise requested or expressly consented to in writing by the ABL Agent), in each case, in accordance with the terms of this Agreement; provided that any judgment Lien obtained by a Term
Loan/Notes Secured Party as a result of such exercise of rights will be subject to this Agreement; provided further, that until the Discharge of ABL Obligations, if any Term Loan/Notes Agent or any other Term Loan/Notes Secured Party
shall, at any time, receive any proceeds of any such judgment Lien, it shall pay such proceeds over to the ABL Agent in accordance with the terms of Section 4.4 and (F) in any Insolvency or Liquidation Proceeding, the
Term Loan/Notes Secured Parties shall be entitled to vote on any plan of reorganization, in a manner and to the extent consistent with the provisions hereof; provided, further, that a Term Loan/Notes Agent or any Term Loan/Notes
Secured Party may exercise any or all of such rights, powers, or remedies after a period of at least 180 days has elapsed since the later of: (i) the first date on which all of the following have occurred: (w) a Term Loan/Notes Agent
declared the existence of an “Event of Default” under any Term Loan/Notes Documents, (x) the payment of the principal amount of any of the Term Loan/Notes Obligations (to the extent such amount was not already due and owing) has been
accelerated and (y) payment thereof has been demanded and (ii) the date on which the ABL Agent has received notice thereof from such Term Loan/Notes Agent; provided, further, however, that no Term Loan/Notes Agent nor
any other Term Loan/Notes 

  
 22 

 
Secured Party shall exercise any rights or remedies with respect to the ABL Priority Collateral if, notwithstanding the expiration of such 180-day period,
the ABL Agent or any other ABL Secured Party (1) shall have commenced, whether before or after the expiration of such 180-day period, and be diligently pursuing the exercise of their rights, powers, or
remedies with respect to all or any material portion of the ABL Priority Collateral (prompt written notice of such exercise to be given to the Term Loan/Notes Agents, it being understood and agreed that (x) failure to deliver such notice shall
not result in any liability of the ABL Secured Parties hereunder or impair any ABL Secured Party’s right hereunder or under any of the ABL Loan Documents and (y) none of the following shall require such notice: (I) the exercise of
rights pursuant to Section 2.04(f) of the ABL Credit Agreement by the ABL Agent or any ABL Secured Party during the continuance of a Cash Dominion Period, (II) the notification of account debtors, depository institutions or any other
Person to deliver proceeds of ABL Priority Collateral to the ABL Agent in accordance with the ABL Loan Documents, (III) the establishment of borrowing base reserves, (IV) the taking of any action in connection with the attempt to receive,
or the receipt, of Ordinary Course Collections and (V) the filing of a proof of claim in any Insolvency or Liquidation Proceeding), or (2) shall have been stayed by operation of Law or any court order from pursuing any such exercise of
remedies (the period during which the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties may not pursuant to this Section 3.1(a)(ii) exercise any rights, powers, or remedies with respect to the ABL Priority
Collateral, the “Term Loan/Notes Standstill Period”); provided further, however, that after the expiration of the Term Loan/Notes Standstill Period, so long as neither the ABL Agent nor any other ABL Secured
Party has commenced any action to enforce its Lien on any material portion of the ABL Priority Collateral, in the event that and for so long as any Term Loan/Notes Secured Party (or the applicable Term Loan/Notes Agent on its behalf) have commenced
any actions to enforce its Lien with respect to all or any material portion of the ABL Priority Collateral to the extent permitted hereunder and is diligently pursuing in good faith such actions, neither the ABL Secured Parties nor the ABL Agent
shall take any action of a similar nature with respect to such ABL Priority Collateral without the prior written consent of the Term Loan/Notes Agents; provided that all other provisions of this Agreement are complied with. In exercising
rights and remedies with respect to the ABL Priority Collateral, the ABL Agent and the ABL Secured Parties may enforce the provisions of the ABL Loan Documents and exercise remedies thereunder, all in such order and in such manner as they may
determine in the exercise of their sole discretion consistent with the terms of the ABL Loan Documents. Such exercise and enforcement shall include the rights of an agent or any holder of an irrevocable power of attorney appointed by them to sell or
otherwise dispose of ABL Priority Collateral or other collateral upon foreclosure, to incur expenses in connection with such sale or disposition, and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code and
of a secured creditor under Bankruptcy Law of any applicable jurisdiction. 

  
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 (b)    So long as the Discharge of Term Loan/Notes Obligations has not
occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Borrower or any other Grantor, the ABL Agent agrees, for itself and on behalf of the other ABL Secured Parties, that, subject to
Section 5.6: 
 (i)    it will not (x) contest, protest or object to any
foreclosure proceeding or action brought with respect to the Term Loan/Notes Priority Collateral by a Term Loan/Notes Agent or any Term Loan/Notes Secured Party in respect of the Term Loan/Notes Obligations or any other exercise by any such party of
any rights and remedies relating to the Term Loan/Notes Priority Collateral or otherwise in respect of the Term Loan/Notes Obligations, or (y) contest, protest or object to the forbearance by any Term Loan/Notes Secured Party from bringing or
pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to any of the Term Loan/Notes Priority Collateral in respect of Term Loan/Notes Obligations, and 

(ii)    except as otherwise provided herein, the Term Loan/Notes Agents and the Term Loan/Notes Secured
Parties shall have the exclusive right to enforce rights, exercise remedies (including setoff and the right to credit bid their debt) and make determinations regarding the release, disposition or restrictions with respect to the Term Loan/Notes
Priority Collateral and commence or seek to commence any action or proceeding with respect to such rights or remedies (including any foreclosure action or proceeding or any Insolvency or Liquidation Proceeding (provided that the Term
Loan/Notes Agents and the Term Loan/Notes Secured Parties shall only be permitted to commence an Insolvency or Liquidation Proceeding pursuant to applicable Law as contemplated by Section 5.4 hereof)) without any
consultation with or the consent of the ABL Agent or any ABL Secured Party; provided, however, that (A) in any Insolvency or Liquidation Proceeding commenced by or against the Borrower or any other Grantor, the ABL Agent may file
a proof of claim or statement of interest with respect to the applicable ABL Obligations, (B) the ABL Agent may send such notices of the existence of, or any evidence or confirmation of, the ABL Obligations or the Liens of the ABL Agent in the
Term Loan/Notes Priority Collateral to any court or Governmental Authority, or file or record any such notice or evidence to the extent necessary to prove or preserve the Liens of the ABL Agent in the Term Loan/Notes Priority Collateral and shall be
entitled to file any proof of claim and other filings, make any arguments and motions and take any other action in order to preserve or protect their Liens on the Term Loan/Notes Priority Collateral that are, in each case, in accordance with the
terms of this Agreement, with respect to the ABL Obligations and the Term Loan/Notes Priority Collateral, (C) the ABL Agent may file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or
other pleading made by any Person objecting to or otherwise seeking the disallowance of the claims of any ABL Secured Party, including any claims secured by the Term Loan/Notes Priority Collateral, or otherwise make any agreements or file any
motions pertaining to the ABL Obligations, in each case to the extent not inconsistent with the terms of this Agreement, (D) the ABL Agent may commence legal proceedings against a Grantor (but not any of the Term Loan/Notes Priority
Collateral); provided that, such legal proceedings could not reasonably be expected to interfere with the rights of the Term Loan/Notes Agents or any other Term Loan/Notes Secured Party in and to the Term Loan/Notes Priority Collateral or the
Term Loan/Notes Obligations or the exercise by the Term Loan/Notes Agents or any other Term Loan/Notes Secured Party of such rights and does not involve any contest or challenge to the validity, perfection, priority or enforceability of the Liens of
the Term Loan/Notes Agents or any other Term Loan/Notes Secured Party or of the Term Loan/Notes Agents or any other Term Loan/Notes Obligations and in any event no ABL 

  
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Agent may enforce any judgment against any of the Term Loan/Notes Priority Collateral, (E) the ABL Secured Parties may exercise rights and remedies that may be exercised by unsecured
creditors to the extent provided in Section 5.4 hereof and not otherwise inconsistent with the terms hereof, including, in any Insolvency or Liquidation Proceeding, the right to file any pleadings, objections, motions or
agreements which assert rights or interests available to unsecured creditors of the Grantors arising under either Bankruptcy Law or applicable non-bankruptcy Law (other than initiating or joining in an
involuntary case or proceeding under the Bankruptcy Code with respect to a Grantor, except as otherwise requested or expressly consented to in writing by the Term Loan/Notes Agents), in each case, in accordance with the terms of this Agreement;
provided that any judgment Lien obtained by an ABL Secured Party as a result of such exercise of rights will be subject to this Agreement; provided further, that until the Discharge of Term Loan/Notes Obligations, if the ABL
Agent or any other ABL Secured Party shall, at any time, receive any proceeds of any such judgment Lien, it shall pay such proceeds over to the Designated Term Loan/Notes Agent in accordance with the terms of Section 4.4
and (F) in any Insolvency or Liquidation Proceeding, the ABL Secured Parties shall be entitled to vote on any plan of reorganization, in a manner and to the extent consistent with the provisions hereof; provided, further, that the
ABL Agent or any ABL Secured Party may exercise any or all of such rights, powers, or remedies after a period of at least 180 days has elapsed since the later of: (i) the first date on which all of the following have occurred: (w) the ABL
Agent declared the existence of an “Event of Default” under the ABL Loan Documents, (x) the payment of the principal amount of all ABL Obligations under the ABL Loan Documents has been accelerated (to the extent such amount was not
already due and owing) and (y) payment thereof has been demanded and (ii) the date on which each of the Term Loan/Notes Agents have received notice thereof from the ABL Agent; provided, further, however, that neither
the ABL Agent nor any other ABL Secured Party shall exercise any rights or remedies with respect to the Term Loan/Notes Priority Collateral if, notwithstanding the expiration of such 180-day period, any Term
Loan/Notes Agent or any other Term Loan/Notes Secured Party (1) shall have commenced, whether before or after the expiration of such 180-day period, and be diligently pursuing the exercise of its rights,
powers, or remedies with respect to all or any material portion of the Term Loan/Notes Priority Collateral (prompt written notice of such exercise to be given to the ABL Agent, it being understood and agreed that failure to deliver such notice shall
not result in any liability of the Term Loan/Notes Secured Parties hereunder or impair any Term Loan/Notes Secured Party’s rights hereunder or under any of the Term Loan/Notes Documents), or (2) shall have been stayed by operation of Law
or any court order from pursuing any such exercise of remedies (the period during which the ABL Agent and the ABL Secured Parties may not pursuant to this Section 3.1(b)(ii) exercise any rights, powers, or remedies with
respect to the Term Loan/Notes Priority Collateral, the “ABL Standstill Period”); provided further, however, that after the expiration of the ABL Standstill Period, so long as no Term Loan/Notes Agent nor any
other Term Loan/Notes Secured Party has commenced any action to enforce its Lien on any material portion of the Term Loan/Notes Priority Collateral, in the event that and for so long as any ABL Secured Party (or the ABL Agent on its behalf) have
commenced any actions to enforce its Lien with respect to all or any material portion of the Term Loan/Notes Priority Collateral to 

  
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the extent permitted hereunder and are diligently pursuing in good faith such actions, neither the Term Loan/Notes Secured Parties nor the Term Loan/Notes Agents shall take any action of a
similar nature with respect to such Term Loan/Notes Priority Collateral without the prior written consent of the ABL Agent; provided that all other provisions of this Agreement are complied with. In exercising rights and remedies with respect
to the Term Loan/Notes Priority Collateral, the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties may enforce the provisions of the Term Loan/Notes Documents and exercise remedies thereunder, all in such order and in such manner as they
may determine in the exercise of their sole discretion consistent with the terms of the Term Loan/Notes Documents. Such exercise and enforcement shall include the rights of an agent appointed by them to sell or otherwise dispose of Term Loan/Notes
Priority Collateral or other collateral upon foreclosure, to incur expenses in connection with such sale or disposition, and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code and of a secured creditor
under any Bankruptcy Law of any applicable jurisdiction. 
 (c)    So long as the Discharge of ABL Obligations has not
occurred, each Term Loan/Notes Agent, on behalf of itself and each applicable Term Loan/Notes Secured Party, agrees that it will not take or receive any ABL Priority Collateral or any proceeds of ABL Priority Collateral in connection with the
exercise of any right or remedy (including setoff or recoupment) with respect to any ABL Priority Collateral. Without limiting the generality of the foregoing, unless and until the Discharge of ABL Obligations has occurred, except as expressly
provided in the provisos in clause (ii) of Section 3.1(a), the sole right of each Term Loan/Notes Agent and the Term Loan/Notes Secured Parties with respect to the ABL Priority Collateral is to hold a Lien on the ABL
Priority Collateral pursuant to the Term Loan/Notes Documents for the period and to the extent granted therein and to receive a share of the proceeds thereof, if any, after the Discharge of ABL Obligations has occurred. So long as the Discharge of
Term Loan/Notes Obligations has not occurred, the ABL Agent, on behalf of itself and each ABL Secured Party, agrees that it will not take or receive any Term Loan/Notes Priority Collateral or any proceeds of Term Loan/Notes Priority Collateral in
connection with the exercise of any right or remedy (including setoff or recoupment) with respect to any Term Loan/Notes Priority Collateral. Without limiting the generality of the foregoing, unless and until the Discharge of Term Loan/Notes
Obligations has occurred, except as expressly provided in the provisos in clause (ii) of Section 3.1(b), the sole right of the ABL Agent and the ABL Secured Parties with respect to the Term Loan/Notes Priority
Collateral is to hold a Lien on the Term Loan/Notes Priority Collateral pursuant to the ABL Loan Documents for the period and to the extent granted therein and to receive a share of the proceeds thereof, if any, after the Discharge of Term
Loan/Notes Obligations has occurred. 
 (d)    Subject to the provisos in clause (ii) of
Section 3.1(a) above and Section 5.6, (i) each Term Loan/Notes Agent, for itself and on behalf of each applicable Term Loan/Notes Secured Party, agrees that the Term Loan/Notes Agents and the Term
Loan/Notes Secured Parties will not take any action that would hinder any exercise of remedies undertaken by the ABL Agent or the ABL Secured Parties with respect to the ABL Priority Collateral under the ABL Loan Documents, including any sale,
lease, exchange, transfer or other disposition of the ABL Priority Collateral, whether by foreclosure or otherwise, and (ii) each Term Loan/Notes Agent, for itself and on behalf of each applicable Term Loan/Notes Secured Party, hereby waives

  
 26 

 
any and all rights it or any such Term Loan/Notes Secured Party may have as a junior lien creditor or otherwise to object to the manner or order in which the ABL Agent or the ABL Secured Parties
seek to enforce or collect the ABL Obligations with respect to the ABL Priority Collateral or the Liens granted in any of the ABL Priority Collateral, regardless of whether any action or failure to act by or on behalf of the ABL Agent or ABL Secured
Parties is or could be adverse to the interests of the Term Loan/Notes Secured Parties. Subject to the provisos in clause (ii) of Section 3.1(b) above and Section 5.6, (i) the ABL Agent, for
itself and on behalf of each ABL Secured Party, agrees that the ABL Agent and the ABL Secured Parties will not take any action that would hinder any exercise of remedies undertaken by any Term Loan/Notes Agent or the Term Loan/Notes Secured Parties
with respect to the Term Loan/Notes Priority Collateral under the Term Loan/Notes Documents, including any sale, lease, exchange, transfer or other disposition of the Term Loan/Notes Priority Collateral, whether by foreclosure or otherwise, and
(ii) the ABL Agent, for itself and on behalf of each ABL Secured Party, hereby waives any and all rights it or any ABL Secured Party may have as a junior lien creditor or otherwise to object to the manner or order in which the Term Loan/Notes
Agents or the Term Loan/Notes Secured Parties seek to enforce or collect the Term Loan/Notes Obligations with respect to the Term Loan/Notes Priority Collateral or the Liens granted in any of the Term Loan/Notes Priority Collateral, regardless of
whether any action or failure to act by or on behalf of the Term Loan/Notes Agents or Term Loan/Notes Secured Parties is or could be adverse to the interests of the ABL Secured Parties. 

(e)    Each Term Loan/Notes Agent hereby acknowledges and agrees that no covenant, agreement or restriction contained in
any Term Loan/Notes Document shall be deemed to restrict in any way the rights and remedies of the ABL Agent or the ABL Secured Parties with respect to the ABL Priority Collateral as set forth in this Agreement and the ABL Loan Documents. The ABL
Agent hereby acknowledges and agrees that no covenant, agreement or restriction contained in any applicable ABL Loan Document shall be deemed to restrict in any way the rights and remedies of the Term Loan/Notes Agents or the Term Loan/Notes Secured
Parties with respect to the Term Loan/Notes Priority Collateral as set forth in this Agreement and the Term Loan/Notes Documents. 

3.2.    Cooperation. 

(a)    Subject to the provisos in clause (ii) of Section 3.1(a), each Term Loan/Notes Agent,
on behalf of itself and each applicable Term Loan/Notes Secured Party, agrees that, unless and until the Discharge of ABL Obligations has occurred, it will not commence, or join with any Person (other than the ABL Secured Parties and the ABL Agent
upon the request thereof) in commencing, any enforcement, collection, execution, levy or foreclosure action or proceeding with respect to any Lien held by it in the ABL Priority Collateral under any of the applicable Term Loan/Notes Documents or
otherwise in respect of the applicable Term Loan/Notes Obligations relating to the ABL Priority Collateral. 

(b)    Subject to the provisos in clause (ii) of Section 3.1(b), the ABL Agent, on behalf
of itself and each ABL Secured Party, agrees that, unless and until the Discharge of Term Loan/Notes Obligations has occurred, it will not commence, or join with any Person (other than the Term Loan/Notes Secured Parties and the Term Loan/Notes
Agents, upon the request thereof) in commencing, any enforcement, collection, execution, levy or foreclosure action or 

  
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proceeding with respect to any Lien held by it in the Term Loan/Notes Priority Collateral under any of the applicable ABL Loan Documents or otherwise in respect of the applicable ABL Obligations
relating to the Term Loan/Notes Priority Collateral. 
 3.3.    Actions Upon Breach. 

(a)    If any Term Loan/Notes Secured Party, in contravention of the terms of this Agreement, in any way takes or attempts
or threatens to take any action with respect to the ABL Priority Collateral (including any attempt to realize upon or enforce any remedy with respect to this Agreement except as provided in the provisos to
Section 3.1(a)(ii)), this Agreement shall create an irrebuttable presumption and admission by such Term Loan/Notes Secured Party that relief against such Term Loan/Notes Secured Party by injunction, specific performance
and/or other appropriate equitable relief is necessary to prevent irreparable harm to the ABL Secured Parties, it being understood and agreed by each applicable Term Loan/Notes Agent on behalf of each applicable Term Loan/Notes Secured Party that
(i) the ABL Secured Parties’ damages from its actions may at that time be difficult to ascertain and may be irreparable, and (ii) each Term Loan/Notes Secured Party waives any defense that the Grantors and/or the ABL Secured Parties
cannot demonstrate damage and/or be made whole by the awarding of damages. 
 (b)    If any ABL Secured Party, in
contravention of the terms of this Agreement, in any way takes or attempts or threatens to take any action with respect to the Term Loan/Notes Priority Collateral (including any attempt to realize upon or enforce any remedy with respect to this
Agreement except as provided in the provisos to Section 3.1(b)(ii)), this Agreement shall create an irrebuttable presumption and admission by such ABL Secured Party that relief against such ABL Secured Party by injunction,
specific performance and/or other appropriate equitable relief is necessary to prevent irreparable harm to the Term Loan/Notes Secured Parties, it being understood and agreed by the ABL Agent on behalf of each ABL Secured Party that (i) the
applicable Term Loan/Notes Secured Parties’ damages from its actions may at that time be difficult to ascertain and may be irreparable, and (ii) each ABL Secured Party waives any defense that the Grantors and/or the Term Loan/Notes Secured
Parties cannot demonstrate damage and/or be made whole by the awarding of damages. 
  

	 	Section 4.	Payments. 

 4.1.    Revolving Nature of ABL Obligations and
Term/Loan Notes Obligations. 
 (a)Each Term Loan/Notes Agent, for and on behalf of itself and each applicable Term Loan/Notes Secured
Party, expressly acknowledges and agrees that (i) as of the date hereof, the ABL Credit Agreement includes a revolving commitment, that in the ordinary course of business the applicable ABL Agent under the ABL Credit Agreement and the ABL
Lenders will apply payments and make advances thereunder, and that no application of any Payment Collateral or Cash Collateral or the release of any Lien by the ABL Agent upon any portion of the Collateral in connection with a permitted disposition
under the ABL Credit Agreement shall constitute the exercise of remedies prohibited under this Agreement; (ii) subject to the limitations set forth herein, the amount of the ABL Obligations that may be outstanding at any time or from time to
time may be increased or reduced and subsequently reborrowed, and that the terms of the 

  
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ABL Obligations may be modified, extended or amended from time to time, and that the aggregate amount of the ABL Obligations may be increased and, subject to
Section 9.3, Refinanced, in each event, without notice to or consent by the Term Loan/Notes Secured Parties and without affecting the provisions hereof; and (iii) all Payment Collateral or Cash Collateral received by
the ABL Agent may be applied, reversed, reapplied, credited or reborrowed, in whole or in part, to the ABL Obligations at any time; provided, however, that from and after the date on which the ABL Agent (or any ABL Secured Party)
commences the exercise of any remedies with respect to any of the Collateral (other than, for the avoidance of doubt, the exercise of rights pursuant to Section 2.04(f) of the ABL Credit Agreement by the ABL Agent or any ABL Secured Party
during the continuance of a Cash Dominion Period), all amounts received by the ABL Agent or any ABL Secured Party in respect of any ABL Obligations shall be applied as specified in this Section 4. The Lien priority set
forth in this Agreement shall not be altered or otherwise affected by any such amendment, modification, supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or Refinancing of the ABL Obligations, the Term
Loan/Notes Obligations or any portion thereof, in each case, in accordance with Section 9.3 (to the extent applicable). 

(b)The ABL Agent, for and on behalf of itself and each ABL Secured Party, expressly acknowledges and agrees that (i) as of the date
hereof, the Senior-Priority Non-ABL Loan Agreement includes a revolving commitment, that in the ordinary course of business the Senior-Priority Non-ABL Loan Agent under
the Senior-Priority Non-ABL Loan Agreement and the Senior-Priority Lenders will apply payments and make advances thereunder, and that no application of any Payment Collateral or Cash Collateral or the release
of any Lien by the Senior-Priority Non-ABL Loan Agent or the Senior-Priority Collateral Agent upon any portion of the Collateral in connection with a permitted disposition under the Senior-Priority Non-ABL Loan Agreement shall constitute the exercise of remedies prohibited under this Agreement; (ii) subject to the limitations set forth herein, the amount of the Senior-Priority Obligations that may be
outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed, and that the terms of the Senior-Priority Obligations may be modified, extended or amended from time to time, and that the aggregate amount of the
Senior-Priority Obligations may be increased and, subject to Section 9.3, Refinanced, in each event, without notice to or consent by the ABL Secured Parties and without affecting the provisions hereof; and (iii) all
Payment Collateral or Cash Collateral received by the Senior-Priority Non-ABL Loan Agent or the Senior-Priority Collateral Agent may be applied, reversed, reapplied, credited or reborrowed, in whole or in
part, to the Senior-Priority Obligations at any time; provided, however, that from and after the date on which any Term Loan/Notes Agent (or any Term Loan/Notes Secured Party) commences the exercise of any remedies with respect to any
of the Collateral, all amounts received by any Term Loan/Notes Agent or any Term Loan/Notes Secured Party in respect of any Term Loan/Notes Obligations shall be applied as specified in this Section 4. The Lien priority set
forth in this Agreement shall not be altered or otherwise affected by any such amendment, modification, supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or Refinancing of the ABL Obligations, the Term
Loan/Notes Obligations or any portion thereof, in each case, in accordance with Section 9.3 (to the extent applicable). 

4.2.    Application of Proceeds of ABL Priority Collateral. The ABL Agent, on behalf of itself and each ABL Secured
Party, and each Term Loan/Notes Agent, on behalf of 

  
 29 

 
itself and each applicable Term Loan/Notes Secured Party, hereby agrees that the ABL Priority Collateral or proceeds thereof received in connection with the sale or other disposition of, or
collection on, such ABL Priority Collateral upon the exercise of remedies or in connection with any Insolvency or Liquidation Proceeding, shall be applied: 

first, to the payment of the costs and expenses of the ABL Agent in connection with such exercise of remedies, 

second, to the payment, discharge or cash collateralization of the ABL Obligations in accordance with the ABL Loan Documents until a
Discharge of ABL Obligations has occurred, 
 third, to the payment of the Term Loan/Notes Obligations in accordance with the Term
Loan/Notes Documents until a Discharge of Term Loan/Notes Obligations has occurred, and 
 fourth, the balance, if any, to the
Grantors or to whosoever may be lawfully entitled to receive the same (as instructed in writing by the Grantors) or as a court of competent jurisdiction may direct; 

provided, however, that (x) no receipt and application of any Collateral, or proceeds thereof, received in the ordinary
course of business and absent any affirmative enforcement action or exercise of remedies by the ABL Agent or during the pendency of any Insolvency or Liquidation Proceeding to collect or otherwise realize upon such Collateral (such Collateral, and
the proceeds thereof, “Ordinary Course Collections”) shall constitute an exercise of remedies for purposes of this Section 4.2 and all Ordinary Course Collections received by the ABL Agent may be applied,
reversed, reapplied, credited, or reborrowed, in whole or in part, pursuant to the ABL Credit Agreement and (y) none of the following shall, without the taking of other action by the ABL Agent or any ABL Secured Party, constitute an exercise of
remedies for purposes of this Section 4.2: (i) the exercise of rights pursuant to Section 2.04(f) of the ABL Credit Agreement by the ABL Agent or any ABL Secured Party during the continuance of a Cash Dominion Period
or (ii) the notification of account debtors, depository institutions or any other Person to deliver proceeds of ABL Priority Collateral to the ABL Agent in accordance with the ABL Loan Documents. 

4.3.    Application of Proceeds of Term Loan/Notes Priority Collateral. The ABL Agent, on behalf of itself and each
ABL Secured Party, and each Term Loan/Notes Agent, on behalf of itself and each applicable Term Loan/Notes Secured Party, hereby agrees that the Term Loan/Notes Priority Collateral or proceeds thereof received in connection with the sale or other
disposition of, or collection on, such Term Loan/Notes Priority Collateral upon the exercise of remedies or in connection with any Insolvency or Liquidation Proceeding, shall be applied: 

first, to the payment of the costs and expenses of the Designated Term Loan/Notes Agent and the Senior-Priority Collateral Agent in
connection with such exercise of remedies, 

  
 30 

 second, to the payment of the Term Loan/Notes Obligations in accordance with the Term
Loan/Notes Documents until a Discharge of Term Loan/Notes Obligations has occurred, 
 third, to the payment of the ABL Obligations
in accordance with the ABL Loan Documents until a Discharge of ABL Obligations has occurred, and 
 fourth, the balance, if any, to
the Grantors or to whosoever may be lawfully entitled to receive the same (as instructed in writing by the Grantors) or as a court of competent jurisdiction may direct; 

provided, however, that (x) none of the following shall, without the taking of other action by the ABL Agent or any ABL
Secured Party, constitute an exercise of remedies for purposes of this Section 4.3: (i) the exercise of rights pursuant to Section 2.04(f) of the ABL Credit Agreement by the ABL Agent or any ABL Secured Party during
the continuance of a Cash Dominion Period, (ii) the notification of account debtors, depository institutions or any other Person to deliver proceeds of ABL Priority Collateral to the ABL Agent in accordance with the ABL Loan Documents and
(iii) the taking of any action in connection with the attempt to receive, or the receipt of, Ordinary Course Collections. 

4.4.    Payments Over. 

(a)    So long as the Discharge of ABL Obligations has not occurred, whether or not any Insolvency or Liquidation
Proceeding has been commenced by or against any Grantor, each Term Loan/Notes Agent agrees, for itself and on behalf of the other Term Loan/Notes Secured Parties, that any ABL Priority Collateral or proceeds thereof or payment with respect thereto
received by any Term Loan/Notes Agent or any other Term Loan/Notes Secured Party (including any right of set-off) with respect to the ABL Priority Collateral, shall be segregated and held in trust and promptly
transferred or paid over to the ABL Agent for the benefit of the ABL Secured Parties in the same form as received, with any necessary endorsements or assignments or as a court of competent jurisdiction may otherwise direct; provided that this
Section 4.4 shall not apply to any required payments of interest and principal received by the Term Loan/Notes Agents or any other Term Loan/Notes Secured Party prior to the commencement of any Insolvency or Liquidation
Proceeding or any exercise of remedies by the ABL Secured Parties with respect to the ABL Priority Collateral so long as such receipt is not the direct or indirect result of the exercise by the Term Loan/Notes Agents or any other Term Loan/Notes
Secured Party of foreclosure rights or other remedies as a secured creditor or enforcement in contravention of this Agreement of any Lien held by any of them or any other act in contravention of this Agreement. Each Term Loan/Notes Agent, for itself
and on behalf of the applicable Term Loan/Notes Secured Parties, also agrees that prior to receipt by the ABL Agent of notice of the exercise of remedies by any Term Loan/Notes Agent, all funds deposited in a Deposit Account or Securities Account
that constitutes ABL Priority Collateral subject to an account control agreement and then applied to the ABL Obligations shall be treated as ABL Priority Collateral. In addition, unless and until the Discharge of ABL Obligations occurs, each Term
Loan/Notes Agent hereby consents to the application, prior to the receipt by the ABL Agent of notice of the exercise of remedies by any Term Loan/Notes Agent, of cash or other proceeds of Collateral, deposited under deposit account control
agreements to the repayment of 

  
 31 

 
ABL Obligations pursuant to the ABL Loan Documents. The ABL Agent is hereby authorized to make any such endorsements or assignments as agent for the Term Loan/Notes Agents. This authorization is
coupled with an interest and is irrevocable until such time as this Agreement is terminated in accordance with its terms. 

(b)    So long as the Discharge of Term Loan/Notes Obligations has not occurred, whether or not any Insolvency or
Liquidation Proceeding has been commenced by or against any Grantor, the ABL Agent agrees, for itself and on behalf of the other ABL Secured Parties, that any Term Loan/Notes Priority Collateral or proceeds thereof or payment with respect thereto
received by the ABL Agent or any other ABL Secured Party (including any right of set-off) with respect to the Term Loan/Notes Priority Collateral, shall be segregated and held in trust and promptly transferred
or paid over to the applicable Term Loan/Notes Agents for the benefit of the applicable Term Loan/Notes Secured Parties in the same form as received, with any necessary endorsements or assignments or as a court of competent jurisdiction may
otherwise direct; provided that this Section 4.4 shall not apply to any required payments of interest and principal received by the ABL Agent or any other ABL Secured Party prior to the commencement of any Insolvency
or Liquidation Proceeding so long as such receipt is not the direct or indirect result of the exercise by the ABL Agent or any other ABL Secured Party of foreclosure rights or other remedies as a secured creditor or enforcement in contravention of
this Agreement of any Lien held by any of them or any other act in contravention of this Agreement. Each Term Loan/Notes Agent is hereby authorized to make any such endorsements or assignments as agent for the ABL Agent. This authorization is
coupled with an interest and is irrevocable until such time as this Agreement is terminated in accordance with its terms. 

(c)    Promptly upon the Discharge of ABL Obligations, the ABL Agent shall deliver written notice confirming the same to
the Term Loan/Notes Agents; provided that the failure to give any such notice shall not result in any liability of the ABL Agent or the ABL Secured Parties hereunder or in the modification, alteration, impairment, or waiver of the rights of
any party hereunder. Promptly upon the Discharge of Term Loan/Notes Obligations, the Term Loan/Notes Agents shall deliver written notice confirming the same to the ABL Agent; provided that the failure to give any such notice shall not result
in any liability of the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties hereunder or in the modification, alteration, impairment, or waiver of the rights of any party hereunder. 

4.5.    Application of Proceeds of Mixed Collateral. Notwithstanding anything to the contrary contained above or in
the definition of ABL Priority Collateral or Term Loan/Notes Priority Collateral, in the event that Proceeds of Collateral are received from (or are otherwise attributable to the value of) a sale or other disposition of Collateral that involves a
combination of ABL Priority Collateral and Term Loan/Notes Priority Collateral, unless otherwise agreed by the ABL Agent and the Designated Term Loan/Notes Agent, the portion of such Proceeds that shall be allocated as Proceeds of ABL Priority
Collateral for purposes of this Agreement shall be an amount equal to the net book value of such ABL Priority Collateral (except in the case of Accounts, which amount shall be equal to the face amount of such Accounts). In addition,
notwithstanding anything to the contrary contained above or in the definition of ABL Priority Collateral or Term Loan/Notes Priority Collateral, to the extent Proceeds of Collateral are Proceeds received from (or are otherwise attributable to the
value of) the sale or disposition of all or substantially all of the Equity Interests of any Subsidiary that is a Grantor or all or 

  
 32 

 
substantially all of the assets of any such Subsidiary, such Proceeds shall constitute (1) first, in an amount equal to the face amount of the Accounts (excluding any rights to payment for
any property which specifically constitutes Term Loan/Notes Priority Collateral which has been or is to be sold, leased, licensed, exchanged, transferred or otherwise disposed of) and the fair market value of any other ABL Priority Collateral owned
by such Subsidiary at the time of such sale, ABL Priority Collateral and (2) second, to the extent in excess of the amounts described in preceding clause (1), Term Loan/Notes Priority Collateral. 

 

	 	Section 5.	Other Agreements. 

 5.1.    Releases. 

(a)    Effective upon any sale, lease, license, exchange, transfer or other disposition of any ABL Priority Collateral
permitted, or expressly consented to in writing by the ABL Agent, under the terms of the ABL Loan Documents that results in the release of any of the ABL Agent’s Liens on any ABL Priority Collateral (excluding any sale, lease, license,
exchange, transfer or other disposition that is not permitted by any of the Term Loan/Notes Documents (as in effect on the date hereof) unless such sale, lease, license, exchange, transfer or other disposition is consummated in connection with the
exercise of the ABL Agent’s remedies in respect of ABL Priority Collateral or consummated after the commencement of any Insolvency or Liquidation Proceeding or consummated upon the occurrence or during the existence of an event of default under
the ABL Loan Documents): 
 (i)    the Liens, if any, of each Term Loan/Notes Agent, for itself or for
the benefit of the applicable Term Loan/Notes Secured Parties, on such ABL Priority Collateral shall be automatically, unconditionally and simultaneously released to the same extent as the release of the ABL Agent’s Lien; provided that
the Proceeds thereof shall be applied pursuant to Section 4.2; 
 (ii)    each
Term Loan/Notes Agent, for itself or on behalf of the applicable Term Loan/Notes Secured Parties, shall promptly upon the written request of the ABL Agent execute and deliver such release documents and confirmations of the authorization to file UCC
amendments and terminations provided for herein, in each case as the ABL Agent may reasonably require in connection with such sale, lease, license, exchange, transfer or other disposition by the ABL Agent, the ABL Agent’s agents or any Grantor
with the prior written consent of the ABL Agent to evidence and effectuate such termination and release; provided that any such release or UCC amendment or termination by the Term Loan/Notes Agents shall not extend to or otherwise affect any
of the rights, if any, of the Term Loan/Notes Agents to the Proceeds from any such sale, lease, license, exchange, transfer or other disposition of the ABL Priority Collateral; 

(iii)    each Term Loan/Notes Agent, for itself or on behalf of the applicable Term Loan/Notes Secured
Parties, shall be deemed to have authorized the ABL Agent to file UCC amendments and terminations covering the ABL Priority Collateral so sold, leased, licensed, exchanged, transferred or otherwise disposed of as to UCC financing statements between
any Grantor and such Term Loan/Notes Agent or any other applicable Term Loan/Notes Secured Party to evidence such release and termination; and 

  
 33 

 (iv)    each Term Loan/Notes Agent, for itself or on behalf
of the applicable Term Loan/Notes Secured Parties, shall be deemed to have consented under the applicable Term Loan/Notes Documents to such sale, lease, license, exchange, transfer or other disposition to the same extent as the consent of the ABL
Agent and the other ABL Secured Parties. 
 Each Term Loan/Notes Agent, for itself and on behalf of each applicable Term Loan/Notes Secured
Party, hereby irrevocably constitutes and appoints (which appointment is coupled with an interest and is irrevocable) the ABL Agent and any officer or agent of such ABL Agent, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Term Loan/Notes Agent or such Term Loan/Notes Secured Party (as applicable) or in
such ABL Agent’s own name, from time to time in such ABL Agent’s discretion, for the purpose of carrying out the terms of this Section 5.1(a), to take any and all appropriate action and to execute any and all
documents and instruments and make filings that may be necessary or desirable to accomplish the purposes of this Section 5.1(a), including filing any termination statements, endorsements or other instruments of transfer or
release; provided that the ABL Agent shall not exercise such power of attorney unless the Term Loan/Notes Agents have failed to comply with their obligations under this Section 5.1(a) within two Business Days after
demand by the ABL Agent. 
 (b)    Effective upon any sale, lease, license, exchange, transfer or other disposition of
any Term Loan/Notes Priority Collateral permitted, or expressly consented to in writing by the Term Loan/Notes Agents, under the terms of the Term Loan/Notes Documents that results in the release of the Term Loan/Notes Agents’ Liens on any Term
Loan/Notes Priority Collateral (excluding any sale, lease, license, exchange, transfer or other disposition that is not permitted by the ABL Loan Documents (as in effect on the date hereof) unless such sale, lease, license, exchange, transfer or
other disposition is consummated in connection with the exercise of the Term Loan/Notes Agents’ remedies in respect of Term Loan/Notes Priority Collateral or consummated after the commencement of any Insolvency or Liquidation Proceeding or
consummated upon the occurrence or during the existence of an event of default under the Term Loan/Notes Documents): 

(i)    the Liens, if any, of the ABL Agent, for itself or for the benefit of the ABL Secured Parties, on
such Term Loan/Notes Priority Collateral shall be automatically, unconditionally and simultaneously released to the same extent as the release of the Term Loan/Notes Agents’ Liens; provided that the proceeds thereof shall be applied
pursuant to Section 4.3; 
 (ii)    the ABL Agent, for itself or on behalf of
the ABL Secured Parties, shall promptly upon the written request of any Term Loan/Notes Agent execute and deliver such release documents and confirmations of the authorization to file UCC amendments and terminations provided for herein, in each case
as the Term Loan/Notes Agents may reasonably require in connection with such sale, lease, license, exchange, transfer or other disposition by the Term Loan/Notes Agents, the Term Loan/Notes Agents’ agents or any Grantor with the prior written
consent of the Term Loan/Notes Agents to evidence and effectuate such termination and release; provided that any such release or UCC amendment or termination by the ABL Agent shall not extend to or otherwise affect any of the rights, if any,
of the ABL Agent to the proceeds from any such sale, lease, license, exchange, transfer or other disposition of the Term Loan/Notes Priority Collateral; 

  
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 (iii)    the ABL Agent, for itself or on behalf of the ABL
Secured Parties, shall be deemed to have authorized the Term Loan/Notes Agents to file UCC amendments and terminations covering the Term Loan/Notes Priority Collateral so sold, leased, licensed, exchanged, transferred or otherwise disposed of as to
UCC financing statements between any Grantor and such ABL Agent or any other ABL Secured Party to evidence such release and termination; and 

(iv)    the ABL Agent, for itself or on behalf of the ABL Secured Parties, shall be deemed to have
consented under the applicable ABL Loan Documents to such sale, lease, license, exchange, transfer or other disposition to the same extent as the consent of the Term Loan/Notes Agents and the other Term Loan/Notes Secured Parties. 

The ABL Agent, for itself and on behalf of each ABL Secured Party, hereby irrevocably constitutes and appoints (which appointment is coupled
with an interest and is irrevocable) each Term Loan/Notes Agent and any officer or agent of each such Term Loan/Notes Agent, with full power of substitution, as its true and lawful
attorney-in-fact with full irrevocable power and authority in the place and stead of such ABL Agent or such ABL Secured Party or in such Term Loan/Notes Agent’s own
name, from time to time in such Term Loan/Notes Agent’s discretion, for the purpose of carrying out the terms of this Section 5.1(b), to take any and all appropriate action and to execute any and all documents and
instruments and make any filings that may be necessary or desirable to accomplish the purposes of this Section 5.1(b), including filing any termination statements, endorsements or other instruments of transfer or release;
provided that the applicable Term Loan/Notes Agent shall not exercise such power of attorney unless the ABL Agent has failed to comply with its obligations under this Section 5.1(b) within two Business Days after
demand by the applicable Term Loan/Notes Agent. 
 (c)    Unless and until the Discharge of ABL Obligations has
occurred, each Term Loan/Notes Agent, for itself and on behalf of each applicable Term Loan/Notes Secured Party, hereby consents to the application, whether prior to or after a default, of proceeds of ABL Priority Collateral to the repayment of ABL
Obligations pursuant to the ABL Credit Agreement; provided that nothing in this Section 5.1(c) shall be construed to prevent or impair the rights of the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties
to receive proceeds in connection with the Term Loan/Notes Obligations not otherwise in contravention of this Agreement. 

(d)    Unless and until the Discharge of Term Loan/Notes Obligations has occurred, the ABL Agent, for itself and on behalf
of each ABL Secured Party, hereby consents to the application, whether prior to or after a default, of proceeds of Term Loan/Notes Priority Collateral to the repayment of Term Loan/Notes Obligations pursuant to the Term Loan/Notes Agreements;
provided that nothing in this Section 5.1(d) shall be construed to prevent or impair the rights of the ABL Agent or the ABL Secured Parties to receive proceeds in connection with the ABL Obligations not otherwise in
contravention of this Agreement. 

  
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 5.2.    Insurance and Condemnation Awards. 

(a)    Proceeds of Collateral include insurance proceeds and, therefore, the Lien priority set forth in this Agreement
shall govern the ultimate disposition of casualty insurance proceeds. 
 (b)    Unless and until the Discharge of ABL
Obligations has occurred, the ABL Agent and the ABL Secured Parties shall have the sole and exclusive right, subject to the rights of the Grantors under the ABL Loan Documents, to settle and adjust claims in respect of the ABL Priority Collateral
under policies of insurance; provided that, if any insurance claim includes both ABL Priority Collateral and Term Loan/Notes Priority Collateral, the ABL Agent or the Designated Term Loan/Notes Agent, as determined by whichever class of
creditors bore a materially disproportionately greater covered loss shall, in consultation with the other Agent, have the sole and exclusive authority, subject to the rights of the Grantors under the ABL Loan Documents and the Term Loan/Notes
Documents, to adjust or settle any claim under the relevant insurance policy; provided that if the covered losses (as between the ABL Obligations and the Term Loan/Notes Obligations) are approximately equal or their relative proportion cannot
be ascertained with reasonable certainty, then the ABL Agent and the Designated Term Loan/Notes Agent will work jointly and in good faith to collect, adjust or settle (subject to the rights of the Grantors under the ABL Loan Documents and the Term
Loan/Notes Documents) any claim under the relevant insurance policy. So long as the Discharge of ABL Obligations has not occurred, all proceeds of any policies of insurance referred to in the first sentence of this clause (b), shall
(i) first, be paid to the ABL Agent for the benefit of the ABL Secured Parties to the extent required under the ABL Loan Documents, (ii) second, be paid to the Designated Term Loan/Notes Agent for the benefit of the Term
Loan/Notes Secured Parties to the extent required under the applicable Term Loan/Notes Documents and (iii) third, if no Term Loan/Notes Obligations are outstanding, be paid to the owner of the subject property or as a court of competent
jurisdiction may otherwise direct or as may otherwise be required by applicable Law. Until the Discharge of ABL Obligations, if any Term Loan/Notes Agent or any other Term Loan/Notes Secured Party shall, at any time, receive any proceeds of any such
insurance policy, it shall pay such proceeds over to the ABL Agent in accordance with the terms of Section 4.4. 

(c)    Unless and until the Discharge of Term Loan/Notes Obligations has occurred, the Term Loan/Notes Agents and the Term
Loan/Notes Secured Parties shall have the sole and exclusive right, subject to the rights of the Grantors under the Term Loan/Notes Documents, to settle and adjust claims in respect of the Term Loan/Notes Priority Collateral under policies of
insurance and to approve any award granted in any condemnation or similar proceeding, or any deed in lieu of condemnation in respect of the Term Loan/Notes Priority Collateral; provided that, if any insurance claim includes both ABL Priority
Collateral and Term Loan/Notes Priority Collateral, the ABL Agent or the Designated Term Loan/Notes Agent, as determined by whichever class of creditors bore a materially disproportionately greater covered loss shall, in consultation with the other
Agent, have the sole and exclusive authority, subject to the rights of the Grantors under the ABL Loan Documents and the Term Loan/Notes Documents, to adjust or settle any claim under the relevant insurance policy; provided that if the
covered losses (as between the ABL Obligations and the Term Loan/Notes Obligations) are approximately equal or their relative proportion cannot be ascertained with reasonable certainty, then the ABL Agent and the Designated Term Loan/Notes Agent
will work jointly and in good 

  
 36 

 
faith to collect, adjust or settle (subject to the rights of the Grantors under the ABL Loan Documents and the Term Loan/Notes Documents) any claim under the relevant insurance policy. So long as
the Discharge of Term Loan/Notes Obligations has not occurred, all proceeds of any policies of insurance referred to in the first sentence of this clause (c) and any such award, or any payments with respect to a deed in lieu of condemnation,
shall (i) first, be paid to the Designated Term Loan/Notes Agent for the benefit of the Term Loan/Notes Secured Parties to the extent required under the Term Loan/Notes Documents, (ii) second, be paid to the ABL Agent for the
benefit of the ABL Secured Parties to the extent required under the applicable ABL Loan Documents and (iii) third, if no ABL Obligations are still outstanding, be paid to the owner of the subject property or as a court of competent
jurisdiction may otherwise direct or as may otherwise be required by applicable Law. Until the Discharge of Term Loan/Notes Obligations, if the ABL Agent or any other ABL Secured Party shall, at any time, receive any proceeds of any such insurance
policy or any such award or payment, it shall pay such proceeds over to the Designated Term Loan/Notes Agent in accordance with the terms of Section 4.4. 

5.3.    Amendments to ABL Loan Documents and Term Loan/Notes Documents. 

(a)    Each Term Loan/Notes Agent, on behalf of itself and the applicable Term Loan/Notes Secured Parties, hereby agrees
that, without affecting the obligations of the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties hereunder and without affecting the obligations of the Grantors under the Term Loan/Notes Documents, the ABL Agent and the ABL Secured
Parties may, at any time and from time to time, in their sole discretion without the consent of or notice to any Term Loan/Notes Agent or any Term Loan/Notes Secured Party (except to the extent such notice or consent is required pursuant to the
express provisions of this Agreement), and without incurring any liability to any Term Loan/Notes Agent or any Term Loan/Notes Secured Party or impairing or releasing the subordination provided for herein, amend, restate, supplement, replace,
Refinance, extend, consolidate, restructure, or otherwise modify any of the ABL Loan Documents in any manner whatsoever (subject to compliance with Section 9.3, to the extent applicable), including to: 

(i)    change the manner, place, time, or terms of payment or renew or alter or increase all or any of the
Obligations under the ABL Loan Documents or otherwise amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the Obligations under the ABL Loan Documents or any of the ABL
Loan Documents; 
 (ii)    retain or, subject to Section 2.3, obtain a Lien on
any property of any Person to secure any of the ABL Obligations, and in connection therewith to enter into any additional ABL Loan Documents; 

(iii)    amend, or grant any waiver, compromise, or release with respect to, or consent to any departure
from, any guaranty or other obligations of any Person obligated in any manner under or in respect of the ABL Obligations; 

(iv)    subject to Section 5.1, release its Lien on any Collateral or other
property; 

  
 37 

 (v)    exercise or refrain from exercising any rights against
the Borrower, any Grantor, or any other Person; 
 (vi)    retain or obtain the primary or secondary
obligation of any other Person with respect to any of the ABL Obligations; and 
 (vii)    otherwise
manage and supervise the ABL Obligations as the applicable ABL Agent shall deem appropriate. 
 (b)    The ABL Agent, on
behalf of itself and the ABL Secured Parties, hereby agrees that, without affecting the obligations of the ABL Agent and the ABL Secured Parties hereunder and without affecting the obligations of the Grantors under the ABL Loan Documents, each Term
Loan/Notes Agent and the Term Loan/Notes Secured Parties may, at any time and from time to time, in their sole discretion without the consent of or notice to the ABL Agent or any ABL Secured Party (except to the extent such notice or consent is
required pursuant to the express provisions of this Agreement), and without incurring any liability to the ABL Agent or any ABL Secured Party or impairing or releasing the subordination provided for herein, amend, restate, supplement, replace,
Refinance, extend, consolidate, restructure, or otherwise modify any of the Term Loan/Notes Documents in any manner whatsoever (subject to compliance with Section 9.3, to the extent applicable), including, to: 

(i)    change the manner, place, time, or terms of payment or renew, alter or increase, all or any of the
Obligations under the Term Loan/Notes Documents or otherwise amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the Obligations under the Term Loan/Notes Documents or any
of the Term Loan/Notes Documents; 
 (ii)    retain or, subject to Section 2.3,
obtain a Lien on any property of any Person to secure any of the Term Loan/Notes Obligations, and in connection therewith to enter into any additional Term Loan/Notes Documents; 

(iii)    amend, or grant any waiver, compromise, or release with respect to, or consent to any departure
from, any guaranty or other obligations of any Person obligated in any manner under or in respect of the Term Loan/Notes Obligations; 

(iv)    subject to Section 5.1, release its Lien on any Collateral or other
property; 
 (v)    exercise or refrain from exercising any rights against the Borrower, any Grantor, or
any other Person; 
 (vi)    retain or obtain the primary or secondary obligation of any other Person
with respect to any of the Term Loan/Notes Obligations; and 
 (vii)    otherwise manage and supervise
the Term Loan/Notes Obligations as the applicable Term Loan/Notes Agent shall deem appropriate. 

  
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 (c)    The ABL Obligations and the Term Loan/Notes Obligations may be
Refinanced, in whole or in part, in each case, without notice to, or the consent (except to the extent a consent is required to permit the Refinancing transaction under any ABL Loan Document or any Term Loan/Notes Document, as applicable) of the ABL
Agent, the ABL Secured Parties, the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties, as the case may be, all without affecting the Lien priorities provided for herein or the other provisions hereof; provided, however,
that the holders of such Refinancing Indebtedness (or an Additional Agent on their behalf) comply with Section 9.3 (to the extent applicable), and any such Refinancing transaction shall be in accordance with any applicable
provisions of the ABL Loan Documents and the Term Loan/Notes Documents. 
 (d)    In the event that the ABL Agent or the
ABL Secured Parties enter into any amendment, waiver or consent in respect of any of the ABL Security Documents for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any ABL Security
Document or changing in any manner the rights of any parties thereunder in respect of the ABL Priority Collateral, then such amendment, waiver or consent shall apply automatically to any comparable provision of each comparable Term Loan/Notes
Security Document (but solely as to ABL Priority Collateral) without the consent of or action by any Term Loan/Notes Secured Party (with all such amendments, waivers and consents subject to the terms hereof); provided that (i) no such
amendment, waiver or consent shall have the effect of removing assets subject to the Lien of any Term Loan/Notes Document, except to the extent that a release of such Lien is permitted or contemplated by this Agreement, (ii) no such amendment,
waiver or consent shall apply automatically to the comparable Term Loan/Notes Security Document without the consent of or action by any Term Loan/Notes Secured Party if such amendment, waiver or consent materially and adversely affects the rights of
the Term Loan/Notes Secured Parties, (iii) no such amendment, waiver or consent with respect to any provision applicable to any Agent under any Term Loan/Notes Documents shall apply automatically to any comparable provision of any comparable
Term Loan/Notes Security Document without the prior written consent of such Agent, (iv) notice of such amendment, waiver or consent shall be given to each Term Loan/Notes Agent by the ABL Agent on the date of its effectiveness (provided that
the failure to give such notice shall not affect the effectiveness and validity of such amendment, waiver or consent) and (v) a copy of such amendment, waiver or consent shall be given by the ABL Agent to each Term Loan/Notes Agent.
Notwithstanding the foregoing, in the event that such amendment, waiver or consent would require any action whatsoever by any Term Loan/Notes Agent, the Borrower shall provide such Term Loan/Notes Agent with an officer’s certificate specifying
such actions (with a copy of such certificate to be provided to the ABL Agent). 
 (e)    In the event that a Term
Loan/Notes Agent or the Term Loan/Notes Secured Parties enter into any amendment, waiver or consent in respect of any of the Term Loan/Notes Security Documents for the purpose of adding to, or deleting from, or waiving or consenting to any
departures from any provisions of, any Term Loan/Notes Security Document or changing in any manner the rights of any parties thereunder in respect of the Term Loan/Notes Priority Collateral, then such amendment, waiver or consent shall apply
automatically to any comparable provision of each comparable ABL Security Document (but solely as to Term Loan/Notes Priority Collateral) without the consent of or action by any ABL Secured Party (with all such amendments, waivers and consents
subject to the terms hereof); provided that (i) no such 

  
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amendment, waiver or consent shall have the effect of removing assets subject to the Lien of any ABL Loan Document, except to the extent that a release of such Lien is permitted or contemplated
by this Agreement, (ii) no such amendment, waiver or consent shall apply automatically to the comparable ABL Security Document without the consent of or action by any ABL Secured Party if such amendment, waiver or consent materially and
adversely affects the rights of the ABL Secured Parties, (iii) no such amendment, waiver or consent with respect to any provision applicable to any Agent under any ABL Loan Documents shall apply automatically to any comparable provision of any
comparable ABL Security Document without the prior written consent of such Agent, (iv) notice of such amendment, waiver or consent shall be given to the ABL Agent by each applicable Term Loan/Notes Agent on the date of its effectiveness
(provided that the failure to give such notice shall not affect the effectiveness and validity of such amendment, waiver or consent) and (v) a copy of such amendment, waiver or consent shall be given by the Term Loan/Notes Agents to the ABL
Agent. Notwithstanding the foregoing, in the event that such amendment, waiver or consent would require any action whatsoever by the ABL Agent, the Borrower shall provide such ABL Agent with an officer’s certificate specifying such actions
(with a copy of such certificate to be provided to the Term Loan/Notes Agents). 
 5.4.    Rights As Unsecured
Creditors. The Second Priority Agents and the other Second Priority Secured Parties may exercise rights and remedies as an unsecured creditor against any Grantor in accordance with the terms of the applicable Second Priority Documents and
applicable Law, but only to the extent that the exercise of any such rights and remedies is not inconsistent with the terms of this Agreement. In the event the Second Priority Secured Parties, as a result of the exercise of their rights as unsecured
creditors are granted or otherwise hold a judgment lien in respect of Collateral, such lien shall be subject to the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Agent or any other Second
Priority Secured Party of the required payments of interest and principal so long as such receipt is not the direct or indirect result of the exercise by the applicable Second Priority Agent or any other Second Priority Secured Party of foreclosure
rights or other remedies as a secured creditor (including any right of setoff) or enforcement in contravention of this Agreement of any Lien held by any of them or any other act in contravention of this Agreement. Nothing in this Agreement impairs
or otherwise adversely affects any rights or remedies the ABL Agent or the ABL Secured Parties may have with respect to the ABL Priority Collateral, or any rights or remedies the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties may have
with respect to the Term Loan/Notes Priority Collateral. 
 5.5.    First Priority Agent as Gratuitous Bailee for
Perfection. 
 (a)    The ABL Agent agrees to hold the Pledged Collateral that is part of the ABL Priority Collateral
in its possession or control (or in the possession or control of its agents or bailees) as gratuitous bailee for each Term Loan/Notes Agent and any assignee solely for the purpose of perfecting the security interest granted in such Pledged
Collateral pursuant to the Term Loan/Notes Security Documents, subject to the terms and conditions of this Section 5.5 (such bailment being intended, among other things, to satisfy the requirements of Sections 8-106(d)(3), 8-301(a)(2) and 9-313(c) of the UCC or similar provision of other applicable Law). Each Term Loan/Notes Agent agrees to
hold the Pledged Collateral that is part of the Term Loan/Notes Priority Collateral in its possession or control (or in the possession or control of its 

  
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agents or bailees) as gratuitous bailee for the ABL Agent and any assignee solely for the purpose of perfecting the security interest granted in such Pledged Collateral pursuant to the ABL
Security Documents, subject to the terms and conditions of this Section 5.5 (such bailment being intended, among other things, to satisfy the requirements of Sections 8-106(d)(3), 8-301(a)(2) and 9-313(c) of the UCC or similar provisions of other applicable Law). 

(b)    The ABL Agent agrees to hold the Deposit Account Collateral that is part of the Collateral and controlled by
such ABL Agent as gratuitous agent for each Term Loan/Notes Agent and any assignee solely for the purpose of perfecting the security interest granted in such Deposit Account Collateral pursuant to the Term Loan/Notes Security Documents, subject to
the terms and conditions of this Section 5.5. Each Term Loan/Notes Agent agrees to hold the Deposit Account Collateral that is part of the Collateral and controlled by such Term Loan/Notes Agent as gratuitous agent
for the ABL Agent and any assignee solely for the purpose of perfecting the security interest granted in such Deposit Account Collateral pursuant to the ABL Security Documents, subject to the terms and conditions of this
Section 5.5. 
 (c)    Except as otherwise specifically provided herein (including Sections
3.1, 4 and 8.2), until the Discharge of ABL Obligations has occurred, the ABL Agent shall be entitled to deal with the Pledged Collateral constituting ABL Priority Collateral in accordance with the terms of this Agreement and the
ABL Loan Documents as if the Liens under the Term Loan/Notes Security Documents did not exist. The rights of each Term Loan/Notes Agent and the Term Loan/Notes Secured Parties with respect to such Pledged Collateral shall at all times be subject to
the terms of this Agreement. Except as otherwise specifically provided herein (including Sections 3.1, 4 and 8.2), until the Discharge of Term Loan/Notes Obligations has occurred, each Term Loan/Notes Agent shall be entitled to
deal with the Pledged Collateral constituting Term Loan/Notes Priority Collateral in accordance with the terms of this Agreement and the Term Loan/Notes Documents as if the Liens under the ABL Security Documents did not exist. The rights of the ABL
Agent and the ABL Secured Parties with respect to such Pledged Collateral shall at all times be subject to the terms of this Agreement. 

(d)    The First Priority Agent shall have no obligation whatsoever to any Second Priority Agent or any Second Priority
Secured Party to assure that the Pledged Collateral is genuine or owned by the Grantors or to protect or preserve rights or benefits of any Person or any rights pertaining to the applicable portion of the Collateral except as expressly set forth in
this Section 5.5. The duties or responsibilities of the First Priority Agent under this Section 5.5 shall be limited solely to holding the Pledged Collateral as gratuitous bailee for each Second
Priority Agent for purposes of perfecting the Lien held by such Second Priority Agent. 
 (e)    The First Priority
Agent shall not have by reason of the First Priority Documents, the Second Priority Documents or this Agreement or any other document, a fiduciary relationship in respect of any other First Priority Secured Party, any Second Priority Agent or any
other Second Priority Secured Party and shall not have any liability to any other First Priority Secured Party, any Second Priority Agent or any other Second Priority Secured Party in connection with its holding the Pledged Collateral that is part
of the First Priority Collateral. 

  
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 (f)    Upon the Discharge of ABL Obligations, the applicable ABL Agent
shall deliver to the Designated Term Loan/Notes Agent, to the extent that it is legally permitted to do so, the remaining Pledged Collateral (if any) constituting ABL Priority Collateral in its possession or under its control, together with any
necessary endorsements (or otherwise allow the Designated Term Loan/Notes Agent to obtain control of such Pledged Collateral) or as a court of competent jurisdiction may otherwise direct. The Borrower shall take such further action as is required to
effectuate the transfer contemplated hereby and shall indemnify the ABL Agent for loss or damage suffered by such ABL Agent as a result of such transfer except for loss or damage suffered by such ABL Agent as a result of its own willful misconduct
or gross negligence. No ABL Agent has any obligation to follow instructions from a Term Loan/Notes Agent in contravention of this Agreement. 

(g)    Upon the Discharge of Term Loan/Notes Obligations, each Term Loan/Notes Agent shall deliver to the ABL Agent, to
the extent that it is legally permitted to do so, the remaining Pledged Collateral (if any) constituting Term Loan/Notes Priority Collateral in its possession or under its control, together with any necessary endorsements (or otherwise allow the ABL
Agent to obtain control of such Pledged Collateral) or as a court of competent jurisdiction may otherwise direct. The Borrower shall take such further action as is required to effectuate the transfer contemplated hereby and shall indemnify
each Term Loan/Notes Agent for loss or damage suffered by such Term Loan/Notes Agent as a result of such transfer except for loss or damage suffered by such Term Loan/Notes Agent as a result of its own willful misconduct or gross negligence. No Term
Loan/Notes Agent has any obligation to follow instructions from the ABL Agent in contravention of this Agreement. 

5.6.    Access to Premises and Cooperation. 

(a)    If the ABL Agent takes any enforcement action with respect to the ABL Priority Collateral, each Term Loan/Notes
Agent and the Term Loan/Notes Secured Parties (i) shall cooperate with such ABL Agent (at the sole cost and expense of such ABL Agent and the ABL Secured Parties and subject to the condition that the Term Loan/Notes Agents and the Term
Loan/Notes Secured Parties shall have no obligation or duty to take any action or refrain from taking any action that would require it to expend or risk its own funds or could reasonably be expected to result in the incurrence of any liability or
damage to a Term Loan/Notes Agent or the Term Loan/Notes Secured Parties (as determined by such Term Loan/Notes Agent or Term Loan/Notes Secured Parties in their sole discretion)) in its efforts to enforce its security interest in the ABL Priority
Collateral and to allow such ABL Agent to assemble the ABL Priority Collateral, (ii) shall not take any action that could reasonably be expected to hinder or restrict in any respect such ABL Agent from enforcing its security interest in the ABL
Priority Collateral or assembling the ABL Priority Collateral and (iii) shall permit such ABL Agent, its employees, agents, advisers and representatives, at the sole cost and expense of the ABL Secured Parties (but without any separate rent or
access fee) and upon reasonable advance notice, to use the Term Loan/Notes Priority Collateral (including (x) equipment, processors, computers and other machinery related to the storage or processing of records, documents or files and
(y) Intellectual Property, in each case only to the extent and for so long as required to effect an enforcement action with respect to the ABL Priority Collateral), for a period not to exceed 180 days after the taking of such enforcement
action, for purposes of (A) accessing the ABL Priority Collateral, (B) selling any or all of the ABL Priority Collateral, whether in bulk, in lots or to customers in the 

  
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ordinary course of business or otherwise, (C) removing and transporting any or all of the ABL Priority Collateral located in or on such Term Loan/Notes Priority Collateral, if any,
(D) otherwise processing, shipping, producing, storing, completing, supplying, leasing, selling or otherwise handling, dealing with, assembling or disposing of, in any lawful manner, the ABL Priority Collateral, or (E) taking reasonable
actions to protect, secure, and otherwise enforce the rights of the ABL Agent and the ABL Secured Parties in and to the ABL Priority Collateral; provided, however, that nothing contained in this Agreement shall restrict the rights of
the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties from selling, assigning or otherwise transferring any Term Loan/Notes Priority Collateral prior to the expiration of such 180-day period if
(but only if) the purchaser, assignee or transferee thereof agrees to be bound by the provisions of this Section 5.6. If any stay or other order prohibiting the exercise of remedies with respect to the ABL Priority
Collateral has been imposed by applicable Law (including in connection with any Insolvency or Liquidation Proceeding affecting the Borrower or any other Grantor) or entered by a court of competent jurisdiction, such
180-day period shall be tolled during the pendency of any such stay or other order. In connection with the use of Intellectual Property constituting Term Loan/Notes Priority Collateral pursuant to clause
(iii)(y) above in the first sentence of this clause (a), each Term Loan/Notes Agent (and any purchaser, assignee or transferee of assets as provided in the proviso to the first sentence of this clause (a)) (1) consents (without any representation,
recourse, warranty or obligation whatsoever) to the grant by any Grantor to the ABL Agent of a non-exclusive royalty-free license to use any Patent, Trademark, Intellectual Property or proprietary information
of such Grantor that is subject to a Lien held by such Term Loan/Notes Agent (or any Patent, Trademark, Intellectual Property or proprietary information acquired by such purchaser, assignee or transferee from any Grantor) and (2) grants, in its
capacity as a secured party (or as a purchaser, assignee or transferee), to the ABL Agent a non-exclusive royalty-free license to use any Patent, Trademark, Intellectual Property or proprietary information
that is subject to a Lien held by such Term Loan/Notes Agent (or subject to such purchase, assignment or transfer, as the case may be), in each case for the purposes set forth in clauses (A) through (E) of this paragraph. 

(b)    During the period of actual use or control by the ABL Agent or its agents or representatives of any Term Loan/Notes
Priority Collateral, the ABL Agent and the ABL Secured Parties shall (i) be responsible for the payment of ordinary course expenses of third parties that are not Grantors with respect to such use or control of such Term Loan/Notes Priority
Collateral, (ii) shall reimburse the Term Loan/Notes Agents and their respective officers, directors, employees and agents for any damages, costs or expenses resulting from actions or omissions of the ABL Agent or Persons under the control of
or acting at the direction of or for the ABL Agent in its or their operation of such Term Loan/Notes Priority Collateral and (iii) be obligated to repair at their expense any physical damage to such Term Loan/Notes Priority Collateral resulting
directly from such use or control, and to leave such Term Loan/Notes Priority Collateral in substantially the same condition as it was at the commencement of such use or control, ordinary wear and tear excepted. In no event shall the ABL Agent or
the ABL Secured Parties have any liability to the Term Loan/Notes Agents or the Term Loan/Notes Secured Parties pursuant to this Section 5.6 as a result of the condition of any Term Loan/Notes Priority Collateral existing
prior to the date of the exercise by such ABL Agent and the ABL Secured Parties of their rights under this Section 5.6, and the ABL Agent and the ABL Secured Parties shall have no duty or liability to maintain the Term
Loan/Notes Priority Collateral in a condition or manner better than that in which it was maintained prior to the use thereof by the 

  
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ABL Agent, or for any diminution in the value of the Term Loan/Notes Priority Collateral that results from ordinary wear and tear resulting from the use of the Term Loan/Notes Priority Collateral
by the ABL Agent in the manner and for the time periods specified under this Section 5.6. Without limiting the rights granted in this paragraph, the ABL Agent and the ABL Secured Parties shall cooperate with the Term
Loan/Notes Agents and the Term Loan/Notes Secured Parties in connection with any efforts made by the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties to sell the Term Loan/Notes Priority Collateral. 

(c)    If any Term Loan/Notes Agent takes any enforcement action with respect to the Term Loan/Notes Priority Collateral,
the ABL Agent and the ABL Secured Parties (i) shall reasonably cooperate with such Term Loan/Notes Agent (at the sole cost and expense of the applicable Term Loan/Notes Secured Parties (excluding the Term Loan/Notes Agents) and subject to the
condition that the ABL Agent and the ABL Secured Parties shall have no obligation or duty to take any action or refrain from taking any action that could reasonably be expected to result in the incurrence of any liability or damage to the ABL Agent
or the ABL Secured Parties) in its efforts to enforce its security interest in the Term Loan/Notes Priority Collateral and assemble the Term Loan/Notes Priority Collateral and (ii) shall not take any action that could reasonably be expected to
hinder or restrict in any respect such Term Loan/Notes Agent from enforcing its security interest in the Term Loan/Notes Priority Collateral or from assembling the Term Loan/Notes Priority Collateral. 

(d)    Each Term Loan/Notes Agent agrees that if the ABL Agent shall require rights available under any permit or license
controlled by such Term Loan/Notes Agent in order to realize on any ABL Priority Collateral, such Term Loan/Notes Agent shall take all such actions as shall be available to it, consistent with applicable Law and reasonably requested by the ABL Agent
to make such rights available to such ABL Agent, subject to the Liens of the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties. The ABL Agent agrees that if a Term Loan/Notes Agent shall require rights available under any permit or
license controlled by such ABL Agent in order to realize on any Term Loan/Notes Priority Collateral, such ABL Agent shall take all such actions as shall be available to it, consistent with applicable Law and reasonably requested by the applicable
Term Loan/Notes Agent to make such rights available to such Term Loan/Notes Agent, subject to the Liens of the ABL Agent and the ABL Secured Parties. 

5.7.    No Release If Event of Default; Reinstatement. 

(a)    If, concurrently with (or after) the Discharge of ABL Obligations has occurred, the Borrower or any other Grantor
incurs any ABL Obligations in accordance with Section 9.3, then such Discharge of ABL Obligations shall automatically be deemed not to have occurred for all purposes of this Agreement (other than with respect to any actions
taken by a Term Loan/Notes Agent or otherwise prior to the date of such designation as a result of the occurrence of such prior Discharge of ABL Obligations), and the applicable agreement governing such ABL Obligations shall automatically be treated
as the ABL Credit Agreement for all purposes of this Agreement, including for purposes of the Lien priorities and rights in respect of Collateral set forth herein and the granting by the applicable ABL Agent of amendments, waivers and
consents hereunder. 

  
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 (b)    If, concurrently with (or after) the Discharge of Term Loan/Notes
Obligations has occurred, the Borrower or any other Grantor incurs any Term Loan/Notes Obligations in accordance with Section 9.3 hereof, then such Discharge of Term Loan/Notes Obligations shall automatically be deemed not
to have occurred for all purposes of this Agreement (other than with respect to any actions taken by the ABL Agent or otherwise prior to the date of such designation as a result of the occurrence of such prior Discharge of Term Loan/Notes
Obligations), and the applicable agreement governing such Term Loan/Notes Obligations shall automatically be treated as a Term Loan/Notes Agreement for all purposes of this Agreement, including for purposes of the Lien priorities and rights in
respect of Collateral set forth herein and the granting by the applicable Term Loan/Notes Agent of amendments, waivers and consents hereunder. 

5.8.     Legends. Each party hereto agrees that each Debt Agreement, each Term Loan/Notes Security Document and
each ABL Security Document in each case entered into on or after the date hereof shall contain the applicable provisions set forth on Schedule I hereto, or similar provisions approved by the ABL Agent and the Term Loan/Notes Agents,
which approval shall not be unreasonably withheld or delayed. 
  

	 	Section 6.	Insolvency or Liquidation Proceedings. 

 6.1.    DIP
Financing. If the Borrower or any other Grantor shall be subject to any Insolvency or Liquidation Proceeding and shall move for the approval of the use of cash collateral or of financing (“DIP Financing”) under Section 363
or Section 364 of Title 11 of the United States Code or any similar provision in any Bankruptcy Law, then each Second Priority Agent, on behalf of itself and each Second Priority Secured Party, agrees that it will raise no objection to, and
will not support any objection to, and will not otherwise contest (a) such DIP Financing provided (or consented to or not objected to) by such First Priority Agent, the Liens on First Priority Collateral securing such DIP Financing (the
“DIP Financing Liens”) or the use of cash collateral that constitutes First Priority Collateral, in each case unless the First Priority Agent or the First Priority Secured Parties shall then object or support an objection to such
DIP Financing, DIP Financing Liens or use of cash collateral, and will not object on the basis of lack of adequate protection or any other relief in connection therewith and, to the extent the Liens securing the First Priority Obligations under the
applicable First Priority Documents are subordinated or equal in priority with such DIP Financing Liens, will subordinate (and will be deemed by virtue of this Agreement to have subordinated) its Liens on the First Priority Collateral to such DIP
Financing Liens on the same basis as the other Liens on First Priority Collateral securing the Second Priority Obligations are so subordinated to Liens securing First Priority Obligations under this Agreement, (b) any motion for relief from the
automatic stay or any other stay or from any injunction against foreclosure or enforcement in respect of First Priority Obligations made by the First Priority Agent or any holder of First Priority Obligations, (c) any lawful exercise by any
holder of First Priority Obligations of the right to credit bid First Priority Obligations under Section 363(k) of the Bankruptcy Code or any other applicable provision of the Bankruptcy Code or any sale in foreclosure of any Collateral that is
First Priority Collateral with respect to such claims or (d) any other request for judicial relief made in any court by any holder of First Priority Obligations relating to the lawful enforcement of any Lien on First Priority Collateral. 

  
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 6.2.    Relief from the Automatic Stay. Each Term Loan/Notes Agent,
for itself and on behalf of the other applicable Term Loan/Notes Secured Parties, agrees that, so long as the Discharge of ABL Obligations has not occurred, no Term Loan/Notes Secured Party shall, without the prior written consent of the ABL Agent,
seek or request relief from or modification of the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of any part of the ABL Priority Collateral, any proceeds thereof or any Lien thereon securing any of the Term
Loan/Notes Obligations. The ABL Agent, for itself and on behalf of the other ABL Secured Parties, agrees that, so long as the Discharge of Term Loan/Notes Obligations has not occurred, no ABL Secured Party shall, without the prior written consent of
the Term Loan/Notes Agents, seek or request relief from or modification of the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of any part of the Term Loan/Notes Priority Collateral, any proceeds thereof or
any Lien thereon securing any of the ABL Obligations. Notwithstanding anything to the contrary set forth in this Agreement, no Grantor waives or shall be deemed to have waived any rights under Section 362 of the Bankruptcy Code. 

6.3.    Adequate Protection. 

(a)    Each Term Loan/Notes Agent, on behalf of itself and the applicable Term Loan/Notes Secured Parties, agrees that none
of them shall object to, contest or support any other Person objecting to or contesting: 
 (i)    any
request by the ABL Agent or any of the other ABL Secured Parties for adequate protection with respect to the ABL Priority Collateral or any adequate protection provided to the ABL Agent or any of the other ABL Secured Parties with respect to the ABL
Priority Collateral (except to the extent any such adequate protection is a payment from Term Loan/Notes Priority Collateral); or 

(ii)    any objection by the ABL Agent or any of the other ABL Secured Parties to any motion, relief,
action or proceeding based on a claim of a lack of adequate protection with respect to the ABL Priority Collateral. 

(b)    The ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that none of them shall object to, contest
or support any other Person objecting to or contesting: 
 (i)    any request by any Term Loan/Notes
Agent or any of the other Term Loan/Notes Secured Parties for adequate protection with respect to the Term Loan/Notes Priority Collateral or any adequate protection provided to any Term Loan/Notes Agent or any of the other Term Loan/Notes Secured
Parties with respect to the Term Loan/Notes Priority Collateral (except to the extent any such adequate protection is a payment from ABL Priority Collateral); or 

(ii)    any objection by any Term Loan/Notes Agent or any Term Loan/Notes Secured Party to any motion,
relief, action or proceeding based on a claim of a lack of adequate protection with respect to the Term Loan/Notes Priority Collateral. 

  
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 (c)    Consistent with the foregoing provisions in this
Section 6.3, and except as provided in Sections 6.1 and 6.7, in any Insolvency or Liquidation Proceeding: 

(i)    no Term Loan/Notes Agent or Term Loan/Notes Secured Party shall be entitled (and each Term
Loan/Notes Agent and Term Loan/Notes Secured Party shall be deemed to have hereby irrevocably, absolutely, and unconditionally waived any right): 

(1)    to seek or otherwise be granted any type of adequate protection with respect to its interests in
the ABL Priority Collateral; provided, however, subject to Section 6.1, the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties may seek and obtain adequate protection in the form of an additional
or replacement Lien on Collateral so long as (i) the ABL Agent and the ABL Secured Parties have been granted adequate protection in the form of a replacement Lien on such Collateral, and (ii) any such Lien on ABL Priority Collateral (and
on any Collateral granted as adequate protection for the ABL Agent and the ABL Secured Parties in respect of their interest in such ABL Priority Collateral) is subordinated to the Liens of the ABL Agent in such Collateral and such other collateral
on the same basis as the other Liens of the Term Loan/Notes Agents on ABL Priority Collateral; and 

(2)    to seek or otherwise be granted any adequate protection payments with respect to its interests in
the Collateral from Proceeds of ABL Priority Collateral (except as may be consented to in writing by the ABL Agent in its sole and absolute discretion); 

(ii)    no ABL Agent or ABL Secured Party shall be entitled (and the ABL Agent and each ABL Secured Party
shall be deemed to have hereby irrevocably, absolutely, and unconditionally waived any right): 

(1)    to seek or otherwise be granted any type of adequate protection in respect of Term Loan/Notes
Priority Collateral except as may be consented to in writing by each Term Loan/Notes Agent in its sole and absolute discretion; provided, however, the ABL Agent and ABL Secured Parties may seek and obtain adequate protection in the
form of an additional or replacement Lien on Collateral so long as (i) the Term Loan/Notes Agents and Term Loan/Notes Secured Parties have been granted adequate protection in the form of a replacement lien on such Collateral, and (ii) any
such Lien on Term Loan/Notes Priority Collateral (and on any Collateral granted as adequate protection for the Term Loan/Notes Agents and Term Loan/Notes Secured Parties in respect of their interest in such Term Loan/Notes Priority Collateral) is
subordinated to the Liens of the Term Loan/Notes Agents in such Collateral on the same basis as the other Liens of the ABL Agent on Term Loan/Notes Priority Collateral; and 

(2)     to seek or otherwise be granted any adequate protection payments with respect to its interests in
the Collateral from Proceeds of Term Loan/Notes Priority Collateral (except as may be consented to in writing by each Term Loan/Notes Agent in its sole and absolute discretion). 

  
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 (d)    With respect to (i) the ABL Priority Collateral, nothing herein
shall limit the rights of the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties from seeking adequate protection with respect to their rights in the Term Loan/Notes Priority Collateral in any Insolvency or Liquidation Proceeding
(including adequate protection in the form of a cash payment, periodic cash payments or otherwise, other than from proceeds of ABL Priority Collateral) so long as such request is not otherwise inconsistent with this Agreement and (ii) the Term
Loan/Notes Priority Collateral, nothing herein shall limit the rights of the ABL Agent or the ABL Secured Parties from seeking adequate protection with respect to their rights in the ABL Priority Collateral in any Insolvency or Liquidation
Proceeding (including adequate protection in the form of a cash payment, periodic cash payments or otherwise, other than from proceeds of Term Loan/Notes Priority Collateral) so long as such request is not otherwise inconsistent with this Agreement.

 6.4.    Post-Petition Interest. 

(a)    Neither the Term Loan/Notes Agents nor any Term Loan/Notes Secured Party shall oppose or seek to challenge any claim
by the ABL Agent or any ABL Secured Party for allowance in any Insolvency or Liquidation Proceeding of ABL Obligations consisting of post-petition interest, fees or expenses to the extent of the value of such ABL Agent’s Lien on the ABL
Priority Collateral, without regard to the existence of the Liens of the Term Loan/Notes Agents on behalf of the applicable Term Loan/Notes Secured Parties on the ABL Priority Collateral. Neither the ABL Agent nor any ABL Secured Party shall oppose
or seek to challenge any claim by any Term Loan/Notes Agent or any Term Loan/Notes Secured Party for allowance in any Insolvency or Liquidation Proceeding of Term Loan/Notes Obligations consisting of post-petition interest, fees or expenses to the
extent of the value of the Liens of the Term Loan/Notes Agents on behalf of the applicable Term Loan/Notes Secured Parties on the ABL Priority Collateral (after taking into account the Lien of the ABL Secured Parties on the ABL Priority Collateral).

 (b)    Neither the ABL Agent nor any ABL Secured Party shall oppose or seek to challenge any claim by any Term
Loan/Notes Agent or any Term Loan/Notes Secured Party for allowance in any Insolvency or Liquidation Proceeding of Term Loan/Notes Obligations consisting of post-petition interest, fees or expenses to the extent of the value of such Term Loan/Notes
Agent’s Lien on the Term Loan/Notes Priority Collateral, without regard to the existence of the Lien of the ABL Agent on behalf of the ABL Secured Parties on the Term Loan/Notes Priority Collateral. Neither the Term Loan/Notes Agents nor any
Term Loan/Notes Secured Party shall oppose or seek to challenge any claim by the ABL Agent or any ABL Secured Party for allowance in any Insolvency or Liquidation Proceeding of ABL Obligations consisting of post-petition interest, fees or expenses
to the extent of the value of the Lien of the ABL Agent on behalf of the ABL Secured Parties on the Term Loan/Notes Priority Collateral (after taking into account the Lien of the Term Loan/Notes Secured Parties on the Term Loan/Notes Priority
Collateral). 

  
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 6.5.    Preference Issues. 

(a)    If any ABL Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to turn over or
otherwise pay to the estate of any Grantor any amount (an “ABL Recovery”), then the ABL Obligations shall be reinstated to the extent of such ABL Recovery and, if theretofore terminated, this Agreement shall be reinstated in full
force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the Lien priorities and the relative rights and obligations of the ABL Secured Parties and the Term Loan/Notes Secured Parties provided
for herein. 
 (b)    If any Term Loan/Notes Secured Party is required in any Insolvency or Liquidation Proceeding or
otherwise to turn over or otherwise pay to the estate of any Grantor any amount (a “Term Loan/Notes Recovery”), then the Term Loan/Notes Obligations shall be reinstated to the extent of such Term Loan/Notes Recovery and, if
theretofore terminated, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the Lien priorities and the relative rights and obligations of the
Term Loan/Notes Secured Parties and the ABL Secured Parties provided for herein. 
 6.6.    Application. This
Agreement shall be applicable both before and after the institution of any Insolvency or Liquidation Proceeding involving the Borrower or any other Grantor, including the filing of any petition by or against the Borrower or any other Grantor under
the Bankruptcy Code or under any other Bankruptcy Law and all converted or subsequent cases in respect thereof, and all references herein to the Borrower or any Grantor shall be deemed to apply to the trustee for the Borrower or such Grantor and the
Borrower or such Grantor as debtor-in-possession. The relative rights of the ABL Secured Parties and the Term Loan/Notes Secured Parties in or to any distributions from
or in respect of any Collateral or proceeds of Collateral shall continue after the institution of any Insolvency or Liquidation Proceeding involving the Borrower or any other Grantor, including the filing of any petition by or against the Borrower
or any other Grantor under the Bankruptcy Code or under any other Bankruptcy Law and all converted cases and subsequent cases, on the same basis as prior to the date of such institution, subject to any court order approving the financing of, or use
of cash collateral by, the Borrower or any other Grantor as debtor-in-possession, or any other court order affecting the rights and interests of the parties hereto not
in conflict with this Agreement. This Agreement shall constitute a subordination agreement for the purposes of Section 510(a) of the Bankruptcy Code and shall be enforceable in any Insolvency or Liquidation Proceeding in accordance with its
terms. 
 6.7.    Waivers. Until the Discharge of ABL Obligations has occurred, each Term Loan/Notes Agent, on
behalf of itself and each applicable Term Loan/Notes Secured Party, (a) will not assert or enforce any claim under Section 506(c) of the Bankruptcy Code or similar provision of other Bankruptcy Law senior to or on a parity with the Liens
on ABL Priority Collateral securing the ABL Obligations for costs or expenses of preserving or disposing of any ABL Collateral, (b) agrees that it will not assert or enforce any claim against any ABL Secured Party under the “equities of
the case” exception of Section 552(b) of the Bankruptcy Code or any similar provision of other Bankruptcy Laws for the costs and expenses of preserving or disposing of any of the ABL Priority Collateral in any Insolvency or Liquidation
Proceeding and (c) 

  
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waives any claim it may now or hereafter have arising out of the election by any ABL Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code or similar provision of
other Bankruptcy Laws with respect to any ABL Priority Collateral. Until the Discharge of Term Loan/Notes Obligations has occurred, the ABL Agent, on behalf of itself and each ABL Secured Party, (a) will not assert or enforce any claim under
Section 506(c) of the Bankruptcy Code or similar provision of other Bankruptcy Laws senior to or on a parity with the Liens on Term Loan/Notes Priority Collateral securing the Term Loan/Notes Obligations for costs or expenses of preserving or
disposing of any Term Loan/Notes Collateral, (b) agrees that it will not assert or enforce any claim against any Term Loan/Notes Secured Party under the “equities of the case” exception of Section 552(b) of the Bankruptcy Code or
any similar provision of other Bankruptcy Laws for the costs and expenses of preserving or disposing of any of the Term Loan/Notes Priority Collateral in any Insolvency or Liquidation Proceeding and (c) waives any claim it may now or hereafter
have arising out of the election by any Term Loan/Notes Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code or similar provision of other Bankruptcy Laws with respect to any Term Loan/Notes Priority Collateral. 

6.8.    Separate Classes. Each of the parties hereto irrevocably acknowledges and agrees that (a) the claims
and interests of the ABL Secured Parties and the Term Loan/Notes Secured Parties are not “substantially similar” within the meaning of Section 1122 of the Bankruptcy Code, or any comparable provision of any other Bankruptcy Law,
(b) the grants of the Liens to secure the ABL Obligations and the grants of the Liens to secure the Term Loan/Notes Obligations constitute separate and distinct grants of Liens, (c) the ABL Secured Parties’ rights in the Collateral
are fundamentally different from the Term Loan/Notes Secured Parties’ rights in the Collateral and (d) as a result of the foregoing, among other things, the ABL Obligations and the Term Loan/Notes Obligations must be separately classified
in any plan of reorganization proposed or adopted in any Insolvency or Liquidation Proceeding. To further effectuate the intent of the parties as provided in the immediately preceding sentence, if it is held that the claims of the ABL Secured
Parties and the Term Loan/Notes Secured Parties in respect of the Collateral constitute only one secured claim (rather than separate classes of claims), then the ABL Secured Parties and the Term Loan/Notes Secured Parties hereby acknowledge and
agree that all distributions shall be made as if there were separate classes of ABL Obligations, on the one hand, and the Term Loan/Notes Obligations, on the other hand, against the Grantors, with the effect being that, to the extent that the
aggregate value of the ABL Priority Collateral or Term Loan/Notes Priority Collateral is sufficient, the ABL Secured Parties or the Term Loan/Notes Secured Parties, respectively, shall be entitled to receive, in addition to amounts distributed to
them in respect of principal, pre-petition interest and other claims, all amounts owing in respect of post-petition interest that is available from that portion of the Collateral in which each of the ABL
Secured Parties and the Term Loan/Notes Secured Parties, respectively, have a First Priority Obligation, before any distribution is made in respect of the claims held by the other Secured Parties from such Collateral, with the other Secured Parties
hereby acknowledging and agreeing to turn over to the respective other Secured Parties amounts otherwise received or receivable by them to the extent necessary to effectuate the intent of this sentence, even if such turnover has the effect of
reducing the aggregate recoveries. 

  
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 6.9.    Asset Sales. 

(a)    Except as otherwise set forth below, until the Discharge of ABL Obligations has occurred, each Term Loan/Notes
Agent, for itself and on behalf of the other applicable Term Loan/Notes Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Term Loan/Notes Secured Parties will not object to or oppose in any manner (or
support any Person in objecting to or opposing) a motion with respect to any sale, lease, license, exchange, transfer or other disposition of any Collateral (including any motion seeking approval of bid procedures) free and clear of the Liens of the
Term Loan/Notes Agents and the other Term Loan/Notes Secured Parties or other claims under Section 363 of the Bankruptcy Code, or any comparable provision of any Bankruptcy Law and shall be deemed to have consented to any such sale, lease,
license, exchange, transfer or other disposition of any Collateral under Section 363(f) of the Bankruptcy Code that has been consented to by the ABL Agent; provided that the proceeds of such sale, lease, license, exchange, transfer or
other disposition of any ABL Priority Collateral shall be applied to the ABL Obligations or the Term Loan/Notes Obligations in accordance with Sections 4.2 and 4.3, or if not so applied, the Liens of the Term Loan/Notes Agents in such
ABL Priority Collateral shall attach to the proceeds of such disposition subject to the relative priorities set forth in Section 2.1 hereof. 

(b)    Except as otherwise set forth below, until the Discharge of Term Loan/Notes Obligations has occurred, the ABL
Agent, for itself and on behalf of the other ABL Secured Parties, agrees that, in the event of any Insolvency or Liquidation Proceeding, the ABL Secured Parties will not object to or oppose in any manner (or support any Person in objecting to or
opposing) a motion with respect to any sale, lease, license, exchange, transfer or other disposition of any Collateral (including any motion seeking approval of bid procedures) free and clear of the Liens of the ABL Agent and the other ABL Secured
Parties or other claims under Section 363 of the Bankruptcy Code, or any comparable provision of any Bankruptcy Law and shall be deemed to have consented to any such sale, lease, license, exchange, transfer or other disposition of any
Collateral under Section 363(f) of the Bankruptcy Code that has been consented to by the Term Loan/Notes Agents; provided that the proceeds of such sale, lease, license, exchange, transfer or other disposition of any Term Loan/Notes
Priority Collateral shall be applied to the Term Loan/Notes Obligations or the ABL Obligations in accordance with Sections 4.2 and 4.3, or if not so applied, the Liens of the ABL Agent in such Term Loan/Notes Priority Collateral shall
attach to the proceeds of such disposition subject to the relative priorities set forth in Section 2.1 hereof. 

6.10.    Reorganization Securities. If, in any Insolvency or Liquidation Proceeding, debt obligations of any
reorganized Grantor secured by Liens upon any property of such reorganized Grantor are distributed, pursuant to a plan of reorganization, on account of both the ABL Obligations and the Term Loan/Notes Obligations, then, to the extent that the debt
obligations distributed on account of the ABL Obligations and on account of the Term Loan/Notes Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such debt
obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations. 

6.11.    Other Bankruptcy Laws. In the event that an Insolvency or Liquidation Proceeding is filed in a
jurisdiction other than the United States or is governed by any Bankruptcy Law other than the Bankruptcy Code, each reference in this Agreement to a section of the Bankruptcy Code shall be deemed to refer to the substantially similar or
corresponding 

  
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provision of the Bankruptcy Law applicable to such Insolvency or Liquidation Proceeding, or in the absence of any specific similar or corresponding provision of the Bankruptcy Law, such other
general Bankruptcy Law as may be applied in order to achieve substantially the same result as would be achieved under each applicable section of the Bankruptcy Code. 
  

	 	Section 7.	[Reserved] 

  

	 	Section 8.	Reliance; Waivers; etc. 

 8.1.    Reliance. The consent by the
First Priority Secured Parties to the incurrence by the Borrower and the other Grantors of the Second Priority Obligations, the execution and delivery of the Second Priority Documents and the grant to each applicable Second Priority Agent on behalf
of the Second Priority Secured Parties of a Lien on the Collateral and all loans and other extensions of credit made or deemed made on and after the date hereof by the First Priority Secured Parties to the Borrower or any other Grantor shall be
deemed to have been given and made in reliance upon this Agreement. 
 8.2.    No Warranties or Liability. Except
as set forth in Section 9.14, neither the First Priority Agent nor any First Priority Secured Party shall have been deemed to have made any express or implied representation or warranty, including with respect to the
execution, validity, legality, completeness, collectability or enforceability of any of the First Priority Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon. The First Priority Secured Parties will be
entitled to manage and supervise their respective loans and extensions of credit under the First Priority Documents in accordance with Law and as they may otherwise, in their sole discretion, deem appropriate, and the First Priority Secured Parties
may manage their loans and extensions of credit without regard to any rights or interests that any Second Priority Agent or any of the Second Priority Secured Parties have in the Collateral or otherwise, except as otherwise provided in this
Agreement. Neither the First Priority Agent nor any First Priority Secured Party shall have any duty to any Second Priority Agent or any Second Priority Secured Party to act or refrain from acting in a manner that allows, or results in, the
occurrence or continuance of an event of default or default under any agreements with the Borrower or any Subsidiary (including the Second Priority Documents), regardless of any knowledge thereof that they may have or be charged with.
Notwithstanding anything to the contrary herein contained, none of the parties hereto waives any claim that it may have against a Term Loan/Notes Agent or the ABL Agent, as applicable, on the grounds that any sale, transfer or other disposition by
such Term Loan/Notes Agent or ABL Agent (as applicable) was not commercially reasonable to the extent required by the Uniform Commercial Code or other applicable Law. Except as expressly set forth in this Agreement, the First Priority Agent, the
First Priority Secured Parties, the Second Priority Agent and the Second Priority Secured Parties have not otherwise made to each other, nor do they hereby make to each other, any warranties, express or implied, nor do they assume any liability to
each other with respect to (a) the enforceability, validity, value or collectability of any of the First Priority Obligations, the Second Priority Obligations or any guarantee or security which may have been granted to any of them in connection
therewith, (b) the Borrower’s or any other Grantor’s title to or right to transfer any of the Collateral or (c) any other matter except as expressly set forth in this Agreement. 

  
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 8.3.    Obligations Unconditional. All rights, interests, agreements
and obligations of the First Priority Agent and the First Priority Secured Parties, and the Second Priority Agent and the Second Priority Secured Parties, respectively, hereunder shall remain in full force and effect irrespective of: 

(a)    any lack of validity or enforceability of any First Priority Documents or any Second Priority Documents; 

(b)    any change in the time, manner or place of payment of, or in any other terms of, all or any of the First Priority
Obligations or Second Priority Obligations, or any amendment or waiver or other modification, including, subject to Sections 4.2 and 4.3 hereof, any increase in the amount thereof, whether by course of conduct or
otherwise, of the terms of the ABL Credit Agreement or any other ABL Loan Document or of the terms of the Term Loan/Notes Agreements or any other Term Loan/Notes Document; 

(c)    any exchange of any security interest in any Collateral or any other collateral, or any amendment, waiver or other
modification, whether in writing or by course of conduct or otherwise, of all or any of the First Priority Obligations or Second Priority Obligations or any guarantee thereof; 

(d)    the commencement of any Insolvency or Liquidation Proceeding in respect of the Borrower or any other Grantor; or

 (e)    any other circumstances that otherwise might constitute a defense available to, or a discharge of, the
Borrower or any other Grantor in respect of the First Priority Obligations, or of any Second Priority Agent or any Second Priority Secured Parties in respect of this Agreement. 

 

	 	Section 9.	Miscellaneous. 

 9.1.    Conflicts. Subject to
Section 9.18 and Section 9.19, in the event of any conflict between the provisions of this Agreement and the provisions of any ABL Loan Document or any Term Loan/Notes Document, the provisions of
this Agreement shall govern. Solely as among the Term Loan/Notes Secured Parties, in the event of any conflict between this Agreement and the Senior-Priority Pari Passu Intercreditor Agreement, the Junior-Priority Pari Passu Intercreditor Agreement
or the Junior-Priority Intercreditor Agreement, as the case may be, such Senior-Priority Pari Passu Intercreditor Agreement, Junior-Priority Pari Passu Intercreditor Agreement or Junior-Priority Intercreditor Agreement, as applicable, shall govern
and control. 
 9.2.    Term of this Agreement; Severability. (a) This is a continuing agreement of lien
subordination and the First Priority Secured Parties may continue, at any time and without notice to the Second Priority Agent or any Second Priority Secured Parties, to extend credit and other financial accommodations and lend monies to or for the
benefit of the Borrower or any other Grantor constituting First Priority Obligations in reliance hereon. Each Second Priority Agent, for itself and on behalf of the Second Priority Secured Parties, hereby waives any right it may have under
applicable Law to revoke this Agreement or any of the provisions of this Agreement. The terms of this Agreement shall survive, and shall continue in full force and 

  
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effect, in any Insolvency or Liquidation Proceeding. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall not invalidate the remaining provisions of this
Agreement, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

(b)    This Agreement shall terminate and be of no further force and effect: 

(i)    with respect to the ABL Agent, the ABL Secured Parties and the ABL Obligations, upon the Discharge
of ABL Obligations, subject to the rights of the ABL Secured Parties under Section 6.5; and 

(ii)    with respect to the Term Loan/Notes Agents, the Term Loan/Notes Secured Parties and the Term
Loan/Notes Obligations, upon the Discharge of Term Loan/Notes Obligations, subject to the rights of the Term Loan/Notes Secured Parties under Section 6.5. 

9.3.    Amendments; Waivers. (a) No amendment, modification or waiver of any of the provisions of this
Agreement by the ABL Agent or the Term Loan/Notes Agents shall be deemed to be made unless the same shall be in writing signed on behalf of the party making the same or its authorized agent and each waiver, if any, shall be a waiver only with
respect to the specific instance involved and shall in no way impair the rights of the parties making such waiver or the obligations of the other parties to such party in any other respect or at any other time. No Grantor shall have any right to
consent to or approve any amendment, modification or waiver of any provision of this Agreement except, in the case of the Grantors, to the extent that their rights or obligations are directly adversely affected. 

(b)    Subject to compliance with Section 9.3(d) below, upon any Refinancing in full of the ABL
Credit Agreement, a Term Loan/Notes Agreement or any other Debt Agreement as then in effect, the Grantors will be permitted to designate the agreement which Refinances the ABL Credit Agreement, such Term Loan/Notes Agreement or such other Debt
Agreement as a replacement ABL Credit Agreement (the “Replacement ABL Credit Agreement”), Term Loan/Notes Agreement or other Debt Agreement in which case such designated agreement shall thereafter constitute the ABL Credit
Agreement, applicable Term Loan/Notes Agreement or other Debt Agreement, as the case may be, for purposes hereof; provided that each predecessor ABL Credit Agreement, Term Loan/Notes Agreement and/or other Debt Agreement shall continue to be
bound by (and entitled to the benefits of) the provisions hereof (including, without limitation, Section 6.5 hereof) as applied to such agreements, the related agreements and all Obligations thereunder prior to the
Refinancing thereof. 
 (c)    Subject to compliance with the following clauses (d) through (g), notwithstanding
anything in this Section 9.3 to the contrary, this Agreement may be amended, supplemented or otherwise modified from time to time at the request of the Borrower in accordance with clauses (d) through (g) below, at the
Borrower’s expense, and without the consent of any ABL Agent or Term Loan/Notes Agent to (i) add Additional Holders of Future Secured Term Indebtedness (or Additional Agents therefor) to the extent such Indebtedness and related obligations
(and the Liens thereon) are not prohibited by the Term Loan/Notes Documents or the ABL Credit Agreement, as applicable, (ii) in the case of Additional Senior-Priority 

  
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Debt, (1) establish that the Lien on the ABL Priority Collateral securing the obligations in respect of such Additional Senior-Priority Debt shall rank junior and subordinate in all respects
to all Liens on the ABL Priority Collateral securing any ABL Obligations and shall share in the benefits of the ABL Priority Collateral equally and ratably with all Liens on the ABL Priority Collateral securing any Senior-Priority Obligations and
that the Lien on the Term Loan/Notes Priority Collateral securing the obligations in respect of such Additional Senior-Priority Debt shall rank senior in all respects to all Liens on the Term Loan/Notes Priority Collateral securing any ABL
Obligations and shall share in the benefits of the Term Loan/Notes Priority Collateral equally and ratably with all Liens on the Term Loan/Notes Priority Collateral securing any Senior-Priority Obligations, and (2) provide to the Additional
Holders of such Additional Senior-Priority Debt (or any Additional Agents thereof) the comparable rights and benefits (including any improved rights and benefits that have been consented to by the ABL Agent) as are provided to the holders of
Senior-Priority Obligations under this Agreement and (iii) in the case of Additional Junior-Priority Debt, (1) establish that the Lien on the ABL Priority Collateral securing Indebtedness and other obligations in respect of such Additional
Junior-Priority Debt shall rank junior and subordinate in all respects to all Liens on the ABL Priority Collateral securing any ABL Obligations and shall share in the benefits of the ABL Priority Collateral equally and ratably with all Liens on the
ABL Priority Collateral securing any then existing Junior-Priority Obligations and that the Lien on the Term Loan/Notes Priority Collateral securing the obligations in respect of such Additional Junior-Priority Debt shall rank senior in all respects
to all Liens on the Term Loan/Notes Priority Collateral securing any ABL Obligations and shall share in the benefits of the Term Loan/Notes Priority Collateral equally and ratably with all Liens on the Term Loan/Notes Priority Collateral securing
any Junior-Priority Obligations, and (2) provide to the Additional Holders of such Additional Junior-Priority Debt (or any Additional Agent in respect thereof) the comparable rights and benefits (including any improved rights and benefits that
have been consented to by the ABL Agent) as are provided to the holders of any other then existing Junior-Priority Obligations under this Agreement. 

(d)    Upon the execution and delivery of any Replacement ABL Credit Agreement, Term Loan/Notes Agreement or other Debt
Agreement (as contemplated by the preceding clause (b)) or any Debt Agreement with respect to any Future Secured Term Indebtedness (as contemplated by the preceding clause (c)): 

(i) the Borrower shall deliver to the ABL Agent and each Term Loan/Notes Agent an officer’s certificate stating that the
applicable Grantors (x) in the case of preceding clause (b), intend to enter or have entered into a Refinancing, in whole or in part, of the ABL Credit Agreement, a Term Loan/Notes Agreement or any other Debt Agreement, as the case may be, that
such agreement shall thereafter (upon any such Refinancing in full) constitute the ABL Credit Agreement, applicable Term Loan/Notes Agreement or another Debt Agreement, as the case may be, and certifying to each applicable Agent that such
Refinancing is permitted by the ABL Credit Agreement, each applicable Term Loan/Notes Agreement and each other applicable Debt Agreement, as applicable (exclusive of any such agreement which is then being Refinanced in full), or (y) in the case
of preceding clause (c), intend to enter or have entered into a Debt Agreement with respect to such Future Secured Term Indebtedness, and certifying to each applicable Agent that the issuance or incurrence of such Future Secured Term Indebtedness
and the Liens securing the Indebtedness and other obligations in respect of such Future Secured 

  
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Term Indebtedness are permitted by the ABL Credit Agreement, the applicable Term Loan/Notes Agreements and each other applicable Debt Agreement, as applicable. Each applicable Agent shall be
entitled to rely conclusively on the determination of the Borrower that such issuance and/or incurrence does not violate the provisions of the ABL Loan Documents, the applicable Term Loan/Notes Documents or any other applicable Debt Agreement;
provided, however, that such determination will not affect whether or not the each applicable Grantor has complied with its undertakings in the ABL Loan Documents or the Term Loan/Notes Documents or each other Debt Agreement, as
applicable; and 
 (ii) (x) in the case of the preceding clause (b), the Borrower shall provide prompt prior written
notice to each then existing ABL Agent and Term Loan/Notes Agent of the new ABL Credit Agreement, Term Loan/Notes Agreement or other Debt Agreement, as the case may be, together with copies thereof, and identifying the Additional Agent thereunder,
and providing its notice information for purposes hereof, and such Additional Agent shall execute and deliver an Intercreditor Agreement Joinder which is acknowledged by each then existing ABL Agent and Term Loan/Notes Agent, or (y) in the case
of an amendment, supplement or other modification to this Agreement with respect to Future Secured Term Indebtedness as contemplated by the preceding clause (c), the Borrower shall provide prior written notice to each then existing ABL Agent and
Term Loan/Notes Agent and the Additional Agent for such Future Secured Term Indebtedness shall execute and deliver to the ABL Agent and each other Term Loan/Notes Agent an Intercreditor Agreement Joinder acknowledging that such holders shall
be bound by the terms hereof to the extent applicable to Term Loan/Notes Secured Parties which is acknowledged by each then existing ABL Agent and Term Loan/Notes Agent. 

(e)     In each case above, each Term Loan/Notes Agent and the ABL Agent shall promptly enter into such documents and
agreements (including amendments, restatements, amendments and restatements, supplements or other modifications to this Agreement) (in form and substance reasonably satisfactory to the party executing the same (provided that such document or
agreement shall be deemed to be reasonably satisfactory to such party if the amendments set forth therein are consistent in all respects with the terms of this Agreement)) as the Borrower, any other Term Loan/Notes Agent or ABL Agent (but no
other Secured Party) may reasonably request in order to provide to it the rights, remedies and powers and authorities contemplated hereby, in each case consistent in all respects with the terms of this Agreement. 

(f)     In the case of a designation of a new Term Loan/Notes Agreement or other Debt Agreement with respect to Future
Secured Term Indebtedness pursuant to preceding clause (b) or (c), the ABL Agent and any other Term Loan/Notes Agent shall promptly (i) enter into such documents and agreements (including amendments or supplements to this Agreement)
(in form and substance reasonably satisfactory to the party executing the same) as the Borrower or such Additional Agent shall reasonably request in order to provide to the Additional Agent the rights contemplated hereby, in each case consistent in
all material respects with the terms of this Agreement and (ii) in the case of clause (b) only, deliver to the Additional Agent any Pledged Collateral (to the extent constituting Term Loan/Notes Priority Collateral) held by such ABL

  
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Agent or (subject to the terms of the Junior-Priority Intercreditor Agreement and applicable Pari Passu Intercreditor Agreement) such other Term Loan/Notes Agent, together with any necessary
endorsements (or otherwise allow the Additional Agent to obtain control of such Pledged Collateral). The Additional Agent shall agree to be bound by the terms of this Agreement. If the new Term Loan/Notes Obligations under the new Term Loan/Notes
Documents are secured by assets of the Grantors of the type constituting Term Loan/Notes Priority Collateral that do not also secure the ABL Obligations, then the ABL Obligations shall be secured at such time by a Lien on such assets to the same
extent provided in the ABL Security Documents with respect to the other Term Loan/Notes Priority Collateral. If the new Term Loan/Notes Obligations under the new Term Loan/Notes Documents are secured by assets of the Grantors of the type
constituting ABL Priority Collateral that do not also secure the ABL Obligations, then the ABL Obligations shall be secured at such time by a Lien on such assets to the same extent provided in the ABL Security Documents with respect to the other ABL
Priority Collateral. 
 (g)     It is understood that the ABL Agent and the Designated Term Loan/Notes Agent, without
the consent of any other ABL Secured Party or Term Loan/Notes Secured Party, may in their discretion determine that a supplemental agreement (which may take the form of an amendment and restatement of this Agreement) is necessary or appropriate to
facilitate having additional Indebtedness or other obligations of any of the Grantors become Term Loan/Notes Obligations or ABL Obligations, as the case may be, under this Agreement (such Indebtedness or other obligations, “Additional
Debt”), which supplemental agreement shall, if applicable, specify whether such Additional Debt constitutes Term Loan/Notes Obligations or ABL Obligations; provided that such Additional Debt is permitted to be incurred under any ABL Credit
Agreement and any Term Loan/Notes Agreement then extant in accordance with the terms thereof. Each such supplemental agreement (x) shall be in form and substance reasonably satisfactory to the ABL Agent and the Designated Term Loan/Notes Agent,
(y) shall be executed by the agent with respect to the applicable series of Additional Debt (and, upon the effectiveness of such supplemental agreement, such agent shall become an “ABL Agent” or a “Term Loan/Notes Agent”, as
the case may be, hereunder) and (z) shall provide, in a manner satisfactory to the ABL Agent and the Designated Term Loan/Notes Agent, that the agent with respect to any applicable series of Additional Debt and each holder of such series of
Additional Debt shall be subject to and bound by the provisions of this Agreement, as so supplemented, in its capacity as a holder of such series of Additional Debt. 

9.4.    Information Concerning Financial Condition of the Borrower, the ABL Borrowers and the Subsidiaries. No ABL
Agent nor any ABL Secured Party shall have any obligation to any Term Loan/Notes Agent or any Term Loan/Notes Secured Party to keep any Term Loan/Notes Agent or any Term Loan/Notes Secured Party informed of, and each Term Loan/Notes Agent and
the Term Loan/Notes Secured Parties shall not be entitled to rely on, the ABL Agent or the ABL Secured Parties with respect to, (a) the financial condition of the Borrower and the Grantors and all endorsers and/or guarantors of the ABL
Obligations or the Term Loan/Notes Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the ABL Obligations or the Term Loan/Notes Obligations. No Term Loan/Notes Agent or any Term Loan/Notes Secured Party shall
have any obligation to the ABL Agent or any ABL Secured Party to keep the ABL Agent or any ABL Secured Party informed of, and the ABL Agent and the ABL Secured Parties shall not be entitled to rely on, any Term Loan/Notes Agent

  
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or the Term Loan/Notes Secured Parties with respect to, (a) the financial condition of the Borrower and the Grantors and all endorsers and/or guarantors of the ABL Obligations or the Term
Loan/Notes Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the ABL Obligations or the Term Loan/Notes Obligations. The ABL Agent, the ABL Secured Parties, the Term Loan/Notes Agents and the Term Loan/Notes
Secured Parties shall have no duty to advise any other party hereunder of information known to it or them regarding such condition or any such circumstances or otherwise. In the event that the ABL Agent, any ABL Secured Party, any Term Loan/Notes
Agent or any Term Loan/Notes Secured Party, in its or their sole discretion, undertakes at any time or from time to time to provide any such information to any other party, it or they shall be under no obligation (w) to make, and the ABL Agent,
the ABL Secured Parties, the Term Loan/Notes Agents and the Term Loan/Notes Secured Parties shall not make, any express or implied representation or warranty, including with respect to the accuracy, completeness, truthfulness or validity of any such
information so provided, (x) to provide any additional information or to provide any such information on any subsequent occasion, (y) to undertake any investigation or (z) to disclose any information that, pursuant to accepted or
reasonable commercial finance practices, such party wishes to maintain confidential or is otherwise required to maintain confidential. 

9.5.    Subrogation. Each Term Loan/Notes Agent, for itself and on behalf of the applicable Term Loan/Notes Secured
Parties, hereby waives any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of ABL Obligations shall have occurred. The ABL Agent, for itself and on behalf of the ABL Secured Parties, hereby waives any
rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of Term Loan/Notes Obligations shall have occurred. 

9.6.    Application of Payments. 

(a)    Except as otherwise provided herein, all payments received by the ABL Secured Parties may be applied, reversed and
reapplied, in whole or in part, to such part of the ABL Obligations as the ABL Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the ABL Loan Documents. Except as otherwise provided herein, each Term
Loan/Notes Agent, on behalf of itself and each applicable Term Loan/Notes Secured Party, assents to any such extension or postponement of the time of payment of the ABL Obligations or any part thereof and to any other indulgence with respect
thereto, to any substitution, exchange or release of any security that may at any time secure any part of the ABL Obligations and to the addition or release of any other Person primarily or secondarily liable therefor. 

(b)    Except as otherwise provided herein, all payments received by the Term Loan/Notes Secured Parties may be applied,
reversed and reapplied, in whole or in part, to such part of the Term Loan/Notes Obligations as the Term Loan/Notes Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the Term Loan/Notes Documents. Except as
otherwise provided herein, the ABL Agent, on behalf of itself and each ABL Secured Party, assents to any such extension or postponement of the time of payment of the Term Loan/Notes Obligations or any part thereof and to any other indulgence with
respect thereto, to any substitution, exchange or release of any security that may at any time secure any part of the Term Loan/Notes Obligations and to the addition or release of any other Person primarily or secondarily liable therefor. 

  
 58 

 9.7.    JURISDICTION; CONSENT TO SERVICE OF PROCESS; WAIVER OF JURY
TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE EXCLUSIVE JURISDICTION OF ANY NEW YORK STATE COURT OR FEDERAL COURT OF THE UNITED STATES OF AMERICA SITTING IN NEW YORK CITY,
AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS 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 OR, TO THE EXTENT PERMITTED BY 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 SHALL AFFECT ANY RIGHT THAT THE ABL AGENT OR ANY TERM LOAN/NOTES AGENT MAY OTHERWISE HAVE TO
BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AGAINST THE BORROWER OR ANY OTHER GRANTOR OR THEIR RESPECTIVE PROPERTIES IN THE COURTS OF ANY JURISDICTION. EACH OF THE PARTIES HERETO WAIVES, TO THE FULLEST EXTENT IT MAY LEGALLY AND
EFFECTIVELY DO SO, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT IN ANY NEW YORK STATE OR FEDERAL COURT. EACH OF THE PARTIES HERETO IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. EACH OF THE PARTIES HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 9.8. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS AGREEMENT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY
HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT
AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.7. 

9.8.    Notices. All notices to the ABL Secured Parties and the Term Loan/Notes Secured Parties permitted or
required under this Agreement may be sent to the applicable ABL 

  
 59 

 
Agent or the applicable Term Loan/Notes Agent as provided in the ABL Credit Agreement or the applicable Term Loan/Notes Agreement. Unless otherwise specifically provided herein, any notice or
other communication herein required or permitted to be given shall be in writing and may be personally served, telecopied, electronically mailed or sent by courier service or mail and shall be deemed to have been given when delivered in person or by
courier service, upon receipt of a telecopy or electronic mail or upon receipt via mail (registered or certified, with postage prepaid and properly addressed). For the purposes hereof, the addresses of the parties hereto shall be as set forth below
each party’s name on the signature pages hereto, or, as to each party, at such other address as may be designated by such party in a written notice to all of the other parties and as otherwise provided in the ABL Loan Documents and the Term
Loan/Notes Documents. Each First Priority Agent hereby agrees to promptly notify each Second Priority Agent upon payment in full in cash of all Indebtedness under the applicable First Priority Documents (except for contingent indemnities and cost
and reimbursement obligations to the extent no claim therefor has been made). 
 9.9.    Further Assurances. The
ABL Agent, for itself and on behalf of each ABL Secured Party, each Term Loan/Notes Agent, on behalf of itself and each applicable Term Loan/Notes Secured Party, and each Grantor party hereto, for itself and on behalf of its subsidiaries, agrees
that it will execute, or will cause to be executed, any and all further documents, agreements and instruments (in recordable form, if requested, and in form and substance reasonably satisfactory to the party executing the same), and take all such
further actions, as may be required under any applicable Law, or which the ABL Secured Parties or Term Loan/Notes Secured Parties, as applicable, may reasonably request, to effectuate the terms of this Agreement, including the relative Lien
priorities provided for herein. 
 9.10.    GOVERNING LAW. THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE
WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 9.11.    Specific Performance. Each First Priority
Agent and each Second Priority Agent may demand specific performance of this Agreement. Each Second Priority Agent, on behalf of itself and each applicable Second Priority Secured Party, and each First Priority Agent, on behalf of itself and each
applicable First Priority Secured Party, hereby irrevocably waives any defense based on the adequacy of a remedy at Law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by the
First Priority Agent or the Second Priority Agent, as the case may be. 
 9.12.    Headings. Article and Section
headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

9.13.    Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or electronic transmission shall be
effective as delivery of a manually signed counterpart of this Agreement. 

  
 60 

 9.14.    Representations and Warranties of Each Party. Each party
hereto represents and warrants to the other parties hereto that this Agreement has been duly executed and delivered by such party and constitutes a legal, valid and binding obligation of such party, enforceable in accordance with its terms except as
such enforceability may be limited by Bankruptcy Law and by general principles of equity. 
 9.15.    No Third Party
Beneficiaries; Successors and Assigns. This Agreement and the rights and benefits hereof shall inure to the benefit of, and be binding upon, each of the parties hereto and their respective successors and assigns and shall inure to the benefit of
each of, and be binding upon, the holders of ABL Obligations and Term Loan/Notes Obligations. No other Person shall have or be entitled to assert rights or benefits hereunder; provided, that, the Borrower and the other Grantors shall be express
third party beneficiaries of, and shall be entitled to rely on and enforce the provisions of, Sections 6.1, 6.3(d), 6.9 and 9.3. Without limiting the generality of the foregoing, any person to whom a Secured Party assigns or otherwise
transfers all or any portion of the ABL Obligations or the Term Loan/Notes Obligations, as applicable, in accordance with the applicable ABL Loan Documents or Term Loan/Notes Documents, as the case may be, shall become vested with all the rights and
obligations in respect thereof granted to such Secured Parties, without any further consent or action of the other Secured Parties. 

9.16.    Effectiveness. This Agreement shall become effective when executed and delivered by the parties hereto.
This Agreement shall be effective both before and after the commencement of any Insolvency or Liquidation Proceeding. All references to the Borrower or any other Grantor shall include the Borrower or any other Grantor as debtor and debtor-in-possession and any receiver or trustee for the Borrower or any other Grantor (as the case may be) in any Insolvency or Liquidation Proceeding. 

9.17.    ABL Agent and Term Loan/Notes Agents. It is understood and agreed that (i) JPMorgan Chase Bank, N.A.
is entering into this Agreement in its capacity as administrative agent and collateral agent under the ABL Credit Agreement and the provisions of Article VIII of the ABL Credit Agreement applicable to JPMorgan Chase Bank, N.A. as administrative
agent thereunder shall also apply to JPMorgan Chase Bank, N.A. as the ABL Agent hereunder, (ii) Credit Suisse AG is entering into this Agreement in its capacity as collateral agent under the Senior-Priority Documents and the provisions
of Article VIII of the Senior-Priority Non-ABL Loan Agreement, Article VII of the 2021 Secured Notes Indenture and Article VII of the 2023 Secured Notes Indenture, in each case, applicable to Credit Suisse AG
as collateral agent thereunder shall also apply to Credit Suisse AG as a Term Loan/Notes Agent hereunder, (iii) Credit Suisse AG is entering into this agreement in its capacity as administrative agent under the Senior-Priority Non-ABL Loan Agreement and the provisions of Article VIII of the Senior-Priority Non-ABL Loan Agreement applicable to Credit Suisse AG as administrative agent thereunder shall
also apply to Credit Suisse AG as a Term Loan/Notes Agent hereunder, (iv) Regions Bank is entering into this Agreement in its capacity as indenture trustee under the 2021 Secured Notes Indenture and the provisions of Article VII of the 2021
Secured Notes Indenture applicable to Regions Bank as indenture trustee thereunder shall also apply to Regions Bank as a Term Loan/Notes Agent hereunder, (v) Regions Bank is entering into this Agreement in its capacity as indenture trustee
under the 2023 Secured Notes Indenture and the provisions of Article VII of the 2023 Secured Notes Indenture applicable to Regions Bank as indenture trustee 

  
 61 

 
thereunder shall also apply to Regions Bank as a Term Loan/Notes Agent hereunder, (vi) Regions Bank is entering into this Agreement in its capacity as collateral agent under the
Junior-Priority Documents and the provisions of Article XII of the 2023 Junior-Priority Secured Notes Indenture and Article XII of the 2024 Junior-Priority Secured Notes Indenture, in each case, applicable to Regions Bank as collateral agent
thereunder, shall also apply to Regions Bank as a Term Loan/Notes Agent hereunder, (vii) Regions Bank is entering into this Agreement in its capacity as indenture trustee under the 2023 Junior-Priority Secured Notes Indenture and the provisions
of Article VII of the 2023 Junior-Priority Secured Notes Indenture applicable to Regions Bank as indenture trustee thereunder, shall also apply to Regions Bank as a Term Loan/Notes Agent hereunder and (viii) Regions Bank is entering into this
Agreement in its capacity as indenture trustee under the 2024 Junior-Priority Secured Notes Indenture and the provisions of Article VII of the 2024 Junior-Priority Secured Notes Indenture applicable to Regions Bank as indenture trustee thereunder,
shall also apply to Regions Bank as a Term Loan/Notes Agent hereunder. 
 9.18.    Limitation on Term Loan/Notes
Agents’ and ABL Agent’s Responsibilities. 
 (a)    The Term Loan/Notes Agents
and the ABL Agent may execute any of the powers granted under this Agreement and perform any duty hereunder either directly or by or through agents or attorneys-in-fact,
and shall not be responsible for the gross negligence or willful misconduct of any agents or attorneys-in-fact selected by it with reasonable care. 

(b)    Neither the Term Loan/Notes Agents nor the ABL Agent shall be deemed to have actual, constructive, direct or
indirect notice or knowledge of the occurrence of any Event of Default (under, and as defined in, any Debt Agreement) unless and until the applicable Term Loan/Notes Agents or the ABL Agent (as applicable) shall have received a written notice
of such Event of Default or a written notice from any Grantor or any Secured Party to such Person in such capacity indicating that such an Event of Default has occurred. Neither the Term Loan/Notes Agents nor the ABL Agent shall have any obligation
either prior to or after receiving such notice to inquire whether such an Event of Default has, in fact, occurred and shall be entitled to rely conclusively, and shall be fully protected in so relying, on any notice so furnished to it. 

9.19.    Relationship with Other Intercreditor Agreements. (a) The purpose of this Agreement is to define the
relative rights and priorities between the ABL Secured Parties, on the one hand, and the Term Loan/Notes Secured Parties, on the other hand. This Agreement is the “ABL Intercreditor Agreement” referred to in the ABL Credit Agreement and
the Senior-Priority Non-ABL Loan Agreement. 
 (b)    Solely as among the Term
Loan/Notes Secured Parties, the Senior-Priority Pari Passu Intercreditor Agreement, the Junior-Priority Pari Passu Intercreditor Agreement and/or the Junior-Priority Intercreditor Agreement, as applicable, shall define the relative rights and
priorities of such Term Loan/Notes Secured Parties (as amongst each other) with respect to the Collateral. As among the Term Loan/Notes Secured Parties, nothing herein (including, without limitation, Section 6.8) is
intended to alter their relative rights and obligations, which shall be governed by the Senior-Priority Pari Passu Intercreditor Agreements, Junior-Priority Pari Passu Intercreditor Agreement and/or Junior-Priority Intercreditor Agreement, as
applicable, or to require that such rights and obligations be treated as a single class in any Insolvency or Liquidation Proceeding. 

  
 62 

 9.20.    Provisions Solely to Define Relative Rights. The provisions
of this Agreement are and are intended solely for the purpose of defining the relative rights of the First Priority Secured Parties, on the one hand, and the Second Priority Secured Parties, on the other hand. None of the Borrower, any other
Grantor, any Guarantor or any other creditor thereof shall have any rights or obligations, except as expressly provided in this Agreement, hereunder and none of the Borrower, any other Grantor or any Guarantor may rely on the terms hereof. 

9.21.    Additional Grantors. The Borrower will promptly cause each Person that becomes a Grantor to execute and
deliver to the ABL Agent and the Term Loan/Notes Agents party hereto an acknowledgment to this Agreement substantially in the form of Exhibit A, whereupon such Person will be bound by the terms hereof to the same extent as if it had executed
and delivered this Agreement as of the date hereof. The Secured Parties and the Grantors hereto further agree that, notwithstanding any failure to take the actions required by the immediately preceding sentence, each Person that becomes a Grantor at
any time (and any security granted by any such Person) shall be subject to the provisions hereof as fully as if the same constituted a Grantor party hereto and had complied with the requirements of the immediately preceding sentence. 

9.22.    Application of Proceeds. Any Collateral or proceeds thereof or payment with respect thereto received by
the Designated Term Loan/Notes Agent in accordance with this Agreement shall be applied by such Agent (i) for the benefit of the Senior-Priority Secured Parties in accordance with the Senior-Priority Pari Passu Intercreditor Agreement, if
applicable, and/or the other Senior-Priority Documents and (ii) for the benefit of the Junior-Priority Secured Parties in accordance with the Junior-Priority Pari Passu Intercreditor Agreement, if applicable, and/or the other Junior-Priority
Documents. 
 [Remainder of page intentionally left blank] 

  
 63 

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

			
	JPMORGAN CHASE BANK, N.A., as ABL Agent
		
	By:	 	 /s/ Dawn Lee Lum

		 	Name: Dawn Lee Lum
		 	Title: Executive Director
	
	 Address: 383 Madison Avenue

                New York, New York 10175

	
	Facsimile: 212-270-3279

			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Senior-Priority Collateral Agent
		
	By:	 	 /s/ Doreen Barr

		 	Name: Doreen Barr
		 	Title: Authorized Signatory
		
	By:	 	 /s/ Lingzi Huang

		 	Name: Lingzi Huang
		 	Title: Authorized Signatory
	
	 Address: Credit Suisse AG, Cayman Islands Branch

               Eleven Madison Avenue

               New York, NY 10010

	
	Facsimile: (212) 322-2291

			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Senior-Priority Non-ABL Loan Agent
		
	By:	 	 /s/ Doreen Barr

		 	Name: Doreen Barr
		 	Title: Authorized Signatory
		
	By:	 	 /s/ Lingzi Huang

		 	Name: Lingzi Huang
		 	Title: Authorized Signatory
	
	 Address: Credit Suisse AG, Cayman Islands Branch

               Eleven Madison Avenue

               New York, NY 10010

	
	Facsimile: (212) 322-2291

					
	REGIONS BANK, as 2021 Secured Notes Trustee
		
	By:	 	             /s/ Kristine
Prall

		 	Name:	 	Kristine Prall
		 	Title:	 	Vice President
		
	Address:	 	1180 West Peachtree Street
		 		 	Suite 1200
		 		 	Atlanta, Georgia 30309
		
	Facsimile:	 	404.581.3770

 
					
	REGIONS BANK, as 2023 Secured Notes Trustee
		
	By:	 	             /s/ Kristine
Prall

		 	Name:	 	Kristine Prall
		 	Title:	 	Vice President
		
	Address:	 	1180 West Peachtree Street
		 	Suite 1200
		 	Atlanta, Georgia 30309
		
	Facsimile:	 	404.581.3770

 
			
	REGIONS BANK, as Junior-Priority Collateral Agent
		
	By:	 	 /s/ Kristine Prall

		 	Name: Kristine Prall
		 	Title: Vice President
		
	By:	 	 /s/ Arthur G. Mosley, II

		 	Name: Arthur G. Mosley, II
		 	Title: Vice President

 
					
	REGIONS BANK, as 2023 Junior-Priority Secured Notes Trustee
		
	By:	 	             /s/ Kristine
Prall

		 	Name:	 	Kristine Prall
		 	Title:	 	Vice President
		
	Address:	 	1180 West Peachtree Street
		 	Suite 1200
		 	Atlanta, Georgia 30309
		
	Facsimile:	 	404.581.3770

					
	REGIONS BANK, as 2024 Junior-Priority Secured Notes Trustee
		
	By:	 	             /s/ Kristine
Prall

		 	Name:	 	Kristine Prall
		 	Title:	 	Vice President
		
	Address:	 	1180 West Peachtree Street
		 	Suite 1200
		 	Atlanta, Georgia 30309
		
	Facsimile:	 	404.581.3770

 
			
	CHS/COMMUNITY HEALTH SYSTEMS, INC.
		
	    By:	 	             /s/ Edward W.
Lomicka

		 	Name: Edward W. Lomicka
		 	Title:   Vice President and Treasurer
	
	COMMUNITY HEALTH SYSTEMS, INC.
		
	    By:	 	             /s/ Edward W.
Lomicka

		 	Name: Edward W. Lomicka
		 	Title:   Vice President and Treasurer

  

					
	Abilene Hospital, LLC,
	Abilene Merger, LLC,
	Affinity Health Systems, LLC,
	Affinity Hospital, LLC,
	Berwick Hospital Company, LLC,
	Biloxi H.M.A., LLC,
	Birmingham Holdings II, LLC,
	Birmingham Holdings, LLC,
	Bluefield Holdings, LLC,
	Bluefield Hospital Company, LLC,
	Bluffton Health System LLC,
	Brandon HMA, LLC,
	Brownwood Medical Center, LLC,
	Bullhead City Hospital Corporation,
	Bullhead City Hospital Investment Corporation,
	Campbell County HMA, LLC,
	Carlsbad Medical Center, LLC,
	Carolinas Holdings, LLC,
	Carolinas JV Holdings General, LLC,
	Central Florida HMA Holdings, LLC,
	Central States HMA Holdings, LLC,
	Chester HMA, LLC,
	Chestnut Hill Health System, LLC,
	CHHS Holdings, LLC,
	CHHS Hospital Company, LLC,
	CHS Pennsylvania Holdings, LLC,
	CHS Receivables Funding, LLC
	CHS Tennessee Holdings, LLC,
	CHS Virginia Holdings, LLC,
	Citrus HMA, LLC,
	Clarksville Holdings II, LLC,
	Clarksville Holdings, LLC,
	Cleveland Hospital Company, LLC,
	Cleveland Tennessee Hospital Company, LLC,
	Clinton HMA, LLC,
	Coatesville Hospital Corporation,
	Cocke County HMA, LLC,
	College Station Medical Center, LLC,
	    as Grantors and Subsidiary Guarantors
		
	By:	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

					
	College Station Merger, LLC,
	Community Health Investment Company, LLC,
	CP Hospital GP, LLC,
	CPLP, LLC,
	Crestwood Hospital LP, LLC,
	Crestwood Hospital, LLC,
	CSMC, LLC,
	Deaconess Holdings, LLC,
	Deaconess Hospital Holdings, LLC,
	Desert Hospital Holdings, LLC,
	Detar Hospital, LLC,
	DHFW Holdings, LLC,
	Dukes Health System, LLC,
	Dyersburg Hospital Company, LLC,
	Emporia Hospital Corporation,
	Florida HMA Holdings, LLC,
	Foley Hospital Corporation,
	Fort Smith HMA, LLC,
	Frankfort Health Partner, Inc.,
	Franklin Hospital Corporation,
	Gadsden Regional Medical Center, LLC,
	Gaffney H.M.A., LLC,
	Granbury Hospital Corporation,
	GRMC Holdings, LLC,
	Hallmark Healthcare Company, LLC,
	Health Management Associates, LLC,
	Health Management General Partner I, LLC,
	Health Management General Partner, LLC,
	HMA Fentress County General Hospital, LLC,
	HMA Santa Rosa Medical Center, LLC,
	HMA Services GP, LLC,
	HMA-TRI Holdings, LLC,
	Hobbs Medco, LLC,
	Hospital Management Associates, LLC,
	Hospital of Morristown, LLC,
	Jackson HMA, LLC,
	    as Grantors and Subsidiary Guarantors
		
	By:	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

 
					
	 Jackson Hospital Corporation,
Jefferson County HMA, LLC,
Kay County Hospital Corporation,
Kay County Oklahoma Hospital
Company, LLC,
Kennett HMA, LLC,
Key West HMA, LLC,
Kirksville Hospital Company, LLC,
Knoxville HMA Holdings, LLC,
Lakeway Hospital Company, LLC,
Lancaster Hospital Corporation,
Las Cruces Medical Center, LLC,
Lea Regional
Hospital, LLC,
Lebanon HMA, LLC,
Longview Clinic Operations Company, LLC,
Longview Merger, LLC,
LRH, LLC,
Lutheran Health Network of Indiana, LLC,
Madison HMA, LLC,
Marshall County HMA, LLC,
Martin Hospital Company,
LLC,
Mary Black Health System, LLC,
MCSA, L.L.C.,
Medical Center of Brownwood, LLC,
 Metro Knoxville HMA, LLC,
Mississippi HMA Holdings I,
LLC,
Mississippi HMA Holdings II, LLC,
Moberly Hospital Company, LLC,
Naples HMA, LLC,
Natchez Hospital Company, LLC,
National Healthcare of Leesville, Inc.,
Navarro Regional, LLC,
NC-DSH,
LLC,
Northwest Arkansas Hospitals, LLC,
Northwest Hospital, LLC,
NOV Holdings, LLC,
NRH, LLC,
Oak Hill Hospital Corporation,
    as Grantors and Subsidiary Guarantors

		
	By:	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

					
	Oro Valley Hospital, LLC,
	Palmer-Wasilla Health System, LLC,
	Pasco Regional Medical Center, LLC
	Pennsylvania Hospital Company, LLC,
	Phoenixville Hospital Company, LLC,
	Poplar Bluff Regional Medical Center, LLC,
	Port Charlotte HMA, LLC
	Pottstown Hospital Company, LLC,
	Punta Gorda HMA, LLC,
	QHG Georgia Holdings II, LLC
	QHG Georgia Holdings, Inc.
	QHG of Bluffton Company, LLC,
	QHG of Clinton County, Inc.,
	QHG of Enterprise, Inc.,
	QHG of Forrest County, Inc.,
	QHG of Fort Wayne Company, LLC,
	QHG of Hattiesburg, Inc.,
	QHG of South Carolina, Inc.
	QHG of Spartanburg, Inc.,
	QHG of Springdale, Inc.,
	Regional Hospital of Longview, LLC
	River Oaks Hospital, LLC,
	River Region Medical Corporation,
	ROH, LLC,
	Roswell Hospital Corporation,
	Ruston Hospital Corporation
	Ruston Louisiana Hospital Company, LLC,
	SACMC, LLC,
	Salem Hospital Corporation,
	San Angelo Community Medical Center, LLC,
	San Angelo Medical, LLC,
	Scranton Holdings, LLC,
	Scranton Hospital Company, LLC,
	Scranton Quincy Holdings, LLC,
	Scranton Quincy Hospital Company, LLC,
	Seminole HMA, LLC,
	Shelbyville Hospital Company, LLC,
	Siloam Springs Arkansas Hospital Company, LLC
	Siloam Springs Holdings, LLC,
	    as Grantors and Subsidiary Guarantors
		
	By:	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

 
					
	 Southeast HMA Holdings, LLC,
Southern Texas Medical Center, LLC
Southwest Florida HMA Holdings, LLC,
Statesville HMA,
LLC,
Tennyson Holdings, LLC,
Tomball Texas Holdings, LLC,
Tomball Texas Hospital Company, LLC,
Triad Healthcare, LLC,
 Triad Holdings III,
LLC,
Triad Holdings IV, LLC,
Triad Holdings V, LLC,
Triad Nevada Holdings, LLC,
Triad of Alabama, LLC,
Triad-ARMC, LLC,
Triad-El Dorado, Inc.,
Triad-Navarro Regional Hospital Subsidiary, LLC,
Tullahoma HMA,
LLC,
Tunkhannock Hospital Company, LLC,
Van Buren H.M.A., LLC,
Venice HMA, LLC,
VHC Medical, LLC,
Vicksburg Healthcare, LLC,
Victoria Hospital, LLC,
Virginia Hospital Company, LLC,
Weatherford Hospital
Corporation,
Weatherford Texas Hospital Company, LLC,
Webb Hospital Corporation,
Webb Hospital Holdings, LLC,
Wesley Health System LLC,
WHMC, LLC,
Wilkes-Barre Behavioral Hospital Company, LLC
Wilkes-Barre Holdings,
LLC,
Wilkes-Barre Hospital Company, LLC
Woodland Heights Medical Center, LLC,
Woodward Health System, LLC
    as Grantors and Subsidiary Guarantors

		
	By:	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

			
	BROWNWOOD HOSPITAL, L.P.
		
	By:	 	Brownwood Medical Center, LLC
	Its:	 	General Partner
	
	CAROLINAS JV HOLDINGS, L.P.
		
	By:	 	Carolinas JV Holdings General, LLC
	Its:	 	General Partner
	
	COLLEGE STATION HOSPITAL, L.P.
		
	By:	 	College Station Medical Center, LLC
	Its:	 	General Partner
	
	CRESTWOOD HEALTHCARE, L.P.
		
	By:	 	Crestwood Hospital, LLC
	Its:	 	General Partner
	
	HEALTH MANAGEMENT ASSOCIATES, LP
		
	By:	 	Health Management General Partner, LLC
	Its:	 	General Partner
	
	HMA HOSPITALS HOLDINGS, LP
		
	By:	 	Health Management General Partner, LLC
	Its:	 	General Partner
	
	HOSPITAL MANAGEMENT SERVICES OF FLORIDA, LP
		
	By:	 	HMA Services GP, LLC, its general partner
	Its:	 	General Partner

  

					
	          By:	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer
		
		 	Acting on behalf of each of the General Partners of the Guarantors set forth on this page.

  

 
							
	LAREDO TEXAS HOSPITAL COMPANY, L.P.
		
	By:	 	Webb Hospital Corporation, its general partner
	Its:	 	General Partner
	
	LONGVIEW MEDICAL CENTER, L.P.
		
	By:	 	Regional Hospital of Longview, LLC
	Its:	 	General Partner
	
	NAVARRO HOSPITAL, L.P.
		
	By:	 	Navarro Regional, LLC
	Its:	 	General Partner
	
	QHG GEORGIA, LP
		
	By:	 	QHG Georgia Holdings II, LLC
	Its:	 	General Partner
	
	TENNESSEE HMA HOLDINGS, LP
		
	By:	 	Health Management General Partner I, LLC, its general partner
	Its:	 	General Partner
	
	VICTORIA OF TEXAS, L.P.
		
	By:	 	Detar Hospital, LLC
	Its:	 	General Partner
			
		 	By:	 	             /s/ Edward W.
Lomicka

		 		 	Name:	 	Edward W. Lomicka
		 		 	Title:	 	Vice President and Treasurer
			
		 		 	Acting on behalf of each of the General Partners of the Guarantors set forth on this page

  

 SCHEDULE I 

to the ABL Intercreditor Agreement 
 Provision
for Certain Credit Agreements and Indentures: 
 “Reference is made to the Amended and Restated ABL Intercreditor Agreement dated as of
June 22, 2018 (as amended, restated, supplemented or otherwise modified from time to time, the “ABL Intercreditor Agreement”), among JPMorgan Chase Bank, N.A., as ABL Agent (as defined therein), Credit Suisse AG, as
Senior-Priority Collateral Agent (as defined therein), Credit Suisse AG, as Senior-Priority Non-ABL Loan Agent (as defined therein), Regions Bank, as 2021 Secured Notes Trustee, (as defined therein), Regions
Bank, as 2023 Secured Notes Trustee (as defined therein), Regions Bank, as Junior-Priority Collateral Agent (as defined therein) Regions Bank, as 2023 Junior-Priority Secured Notes Trustee (as defined therein), Regions Bank, as 2024 Junior-Priority
Secured Notes Trustee (as defined therein), CHS/Community Health Systems, Inc., Community Health Systems, Inc. and each other party from time to time party thereto. Each [Lender][Holder] hereunder (a) acknowledges that it has received a copy of
the ABL Intercreditor Agreement, (b) consents to the subordination of Liens provided for in the ABL Intercreditor Agreement, (c) agrees that it will be bound by and will take no actions contrary to the provisions of the ABL Intercreditor
Agreement and (d) authorizes and instructs the [Administrative/Collateral Agent][Trustee] to enter into the ABL Intercreditor Agreement as [Administrative/Collateral Agent][Trustee] and on behalf of such [Lender][Holder]. The foregoing
provisions are intended as an inducement to the lenders under the ABL Credit Agreement to permit the incurrence of Indebtedness under this Agreement and to extend credit to the Borrower and such [Lenders][Holders] are intended third party
beneficiaries of such provisions.” 
 Provision for Certain Security Documents: 

“Reference is made to the Amended and Restated ABL Intercreditor Agreement dated as of June 22, 2018, (as amended, restated, supplemented or
otherwise modified from time to time, the “ABL Intercreditor Agreement”), among JPMorgan Chase Bank, N.A., as ABL Agent (as defined therein), Credit Suisse AG, as Senior-Priority Collateral Agent (as defined therein), Credit Suisse
AG, as Senior-Priority Non-ABL Loan Agent (as defined therein), Regions Bank, as 2021 Secured Notes Trustee, (as defined therein), Regions Bank, as 2023 Secured Notes Trustee (as defined therein), Regions
Bank, as Junior-Priority Collateral Agent (as defined therein) Regions Bank, as 2023 Junior-Priority Secured Notes Trustee (as defined therein), Regions Bank, as 2024 Junior-Priority Secured Notes Trustee (as defined therein), CHS/Community Health
Systems, Inc., Community Health Systems, Inc. and each other party from time to time party thereto. Notwithstanding anything herein to the contrary, the lien and security interest granted to the [Collateral Agent] [Administrative Agent], for the
benefit of the Secured Parties, pursuant to this Agreement and the exercise of any right or remedy by the [Collateral Agent] [Administrative Agent] and the other Secured Parties are subject to the provisions of the ABL Intercreditor Agreement. In
the event of any conflict or inconsistency between the provisions of the ABL Intercreditor Agreement and this Agreement, the provisions of the ABL Intercreditor Agreement shall control.” 

  
 Schedule I-1 

 EXHIBIT A 

to the ABL Intercreditor Agreement 

[FORM OF] 
 ABL
INTERCREDITOR AGREEMENT JOINDER 
 Reference is made to the Amended and Restated ABL Intercreditor Agreement dated as of June 22,
2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among JPMorgan Chase Bank, N.A., as ABL Agent, Credit Suisse AG, as Senior-Priority Collateral
Agent, Credit Suisse AG, as Senior-Priority Non-ABL Loan Agent, Regions Bank, as 2021 Secured Notes Trustee, Regions Bank, as 2023 Secured Notes Trustee, Regions Bank, as Junior-Priority Collateral Agent (as
defined therein) Regions Bank, as 2023 Junior-Priority Secured Notes Trustee (as defined therein), Regions Bank, as 2024 Junior-Priority Secured Notes Trustee (as defined therein), CHS/Community Health Systems, Inc., a Delaware corporation,
Community Health Systems, Inc. a Delaware corporation, each subsidiary of CHS/Community Health Systems, Inc. from time to time party thereto and each Additional Agent from time to time party thereto. Capitalized terms used but not defined herein
shall have the meanings assigned to such terms in the Intercreditor Agreement. 
 This ABL Intercreditor Agreement Joinder, dated as of
[●] [●], 20[●] (this “Joinder”), is being delivered pursuant to requirements of the Intercreditor Agreement. 

1.    Joinder. The undersigned, [●], [as a Grantor]1 [as
an [[Additional Agent, on behalf of itself and the applicable ABL Secured Parties][Additional Agent, on behalf of itself and the applicable Term Loan/Notes Secured Parties]2, by executing this
Joinder, shall become party to the Intercreditor Agreement as [a Grantor][an ABL Secured Party][a Term Loan/Notes Secured Party] thereunder for all purposes thereof on the terms set forth therein, and hereby agrees to be bound by the terms,
conditions and provisions of the Intercreditor Agreement as fully as if the undersigned had executed and delivered the Intercreditor Agreement as of the date thereof. 

2.    Agreements. The undersigned [Grantor][ABL Secured Party][Term Loan/Notes Secured Party] hereby agrees,
for the enforceable benefit of all existing and future ABL Secured Parties and all existing and future Term Loan/Notes Secured Parties that the undersigned is [(and the [ABL Secured Parties][Term Loan/Notes Secured Parties] represented by it are)]3 bound by the terms, conditions and provisions of the Intercreditor Agreement to the extent set forth therein. 

3.    Notice Information. The address of the undersigned [Grantor][ABL Secured Party][Term Loan/Notes Secured
Party] for purposes of all notices and other communications hereunder and under the Intercreditor Agreement is [●], Attention of [●] (Facsimile No. [●][, electronic mail address: [●]]). 

 
  

	1 	Include if signing as Grantor. 

	2 	Include if signing as an Additional Agent pursuant to Section 9.3 of the Intercreditor Agreement. 

	3 	Include if signing as an Additional Agent and select appropriate secured party reference. 

 4.    Counterparts. This Joinder may be executed in counterparts (and
by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Joinder by facsimile
transmission or electronic transmission shall be effective as delivery of a manually signed counterpart of this Joinder. 

5.    Governing Law. THIS JOINDER AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF
THE STATE OF NEW YORK. 
 6.    Loan Document. This Joinder shall constitute a Loan Document, under and as
defined in, each of the ABL Credit Agreement and the Senior-Priority Non-ABL Loan Agreement. 

7.    Miscellaneous. The provisions of Section 9 of the Intercreditor Agreement will apply with like effect to
this Joinder. 
 [Signature Pages Follow] 

  
 A-2 

 IN WITNESS WHEREOF, the undersigned has caused this Intercreditor Agreement Joinder to be
duly executed by its authorized representative, and the ABL Agent and each Term Loan/Notes Agent has caused the same to be accepted by its authorized representative, as of the day and year first above written. 

 

			
	REGIONS BANK, as Junior-Priority Collateral Agent,
		
	By:	 	  

		 	 Name:
 Title:

  
 [Signature Page - ABL
Intercreditor Agreement] 

 
			
	REGIONS BANK, as 2023 Junior-Priority Secured Notes Trustee,
		
	    By:	 	
                     
                    

		 	 Name:
 Title:

  
 [Signature Page - ABL
Intercreditor Agreement] 

 
			
	REGIONS BANK, as 2024 Junior-Priority Secured Notes Trustee,
		
	    By:	 	
                     
                    

		 	Name:
		 	Title:

  
 [Signature Page - ABL
Intercreditor Agreement] 

 
			
	 [NAME OF GRANTOR/ADDITIONAL SECURED PARTY],

as [                    ]

		
	    By:	 	
                     
                    

		 	Name:
		 	Title:

  
 [Signature Page - ABL
Intercreditor Agreement] 

 
			
	Acknowledged and Agreed to by:
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Senior-Priority Collateral Agent
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
	
	Address:
	
	Facsimile:

  
 [Signature Page - ABL
Intercreditor Agreement] 

 
			
	Acknowledged and Agreed to by:
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Senior-Priority Non-ABL Loan Agent
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
	
	Address:
	
	Facsimile:

  
 [Signature Page - ABL
Intercreditor Agreement] 

 
			
	Acknowledged and Agreed to by:
	
	REGIONS BANK, as 2021 Secured Notes Trustee
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
	
	Address:
	
	Facsimile:

  
 [Signature Page - ABL
Intercreditor Agreement Joinder] 

 
			
	Acknowledged and Agreed to by:
	
	REGIONS BANK, as 2023 Secured Notes Trustee
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
	
	Address:
	
	Facsimile:

  
 [Signature Page - ABL
Intercreditor Agreement Joinder] 

 
			
	Acknowledged and Agreed to by:
	
	JPMORGAN CHASE BANK, N.A., as ABL Agent
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
	
	Address:
	
	Facsimile:

  
 [Signature Page - ABL
Intercreditor Agreement Joinder]EX-4.5

 Exhibit 4.05 
  

 
  

SENIOR-JUNIOR LIEN INTERCREDITOR AGREEMENT 

dated as of 
 June 22, 2018

 among 
 CHS/COMMUNITY HEALTH
SYSTEMS, INC., 
 as Borrower, 

COMMUNITY HEALTH SYSTEMS, INC., 

as Holdings, 
 the Subsidiaries of
the Borrower 
 from time to time party hereto, 

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, 

as Initial Senior-Priority Collateral Agent, 

REGIONS BANK, 
 as Initial
Junior-Priority Collateral Agent 
 and 

each Additional Agent from time to time party hereto 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 Section 1.
	 	 Definitions; Interpretation
	  			
			
	 1.1
	 	 Definitions
	  	 	2	 
	 1.2
	 	 Terms Generally
	  	 	11	 
			
	 Section 2.
	 	 Lien Priorities
	  			
			
	 2.1
	 	 Subordination
	  	 	12	 
	 2.2
	 	 Prohibition on Contesting Liens
	  	 	13	 
	 2.3
	 	 No New Liens
	  	 	13	 
	 2.4
	 	 Similar Liens and Agreements
	  	 	14	 
			
	 Section 3.
	 	 Enforcement
	  			
			
	 3.1
	 	 Exercise of Rights and Remedies
	  	 	14	 
	 3.2
	 	 Limitation on Exercise of Remedies by Junior-Priority Secured Parties
	  	 	17	 
	 3.3
	 	 Cooperation
	  	 	18	 
	 3.4
	 	 Rights as Unsecured Creditors
	  	 	18	 
	 3.5
	 	 Release of Junior-Priority Liens
	  	 	19	 
	 3.6
	 	 Insurance and Condemnation Awards
	  	 	20	 
			
	 Section 4.
	 	 Payments
	  			
			
	 4.1
	 	 Application of Proceeds
	  	 	21	 
	 4.2
	 	 Payments Over
	  	 	22	 
	 4.3
	 	 Certain Agreements with Respect to Unenforceable Liens
	  	 	22	 
			
	 Section 5.
	 	 Bailee for Perfection
	  			
			
	 5.1
	 	 Each Agent as Bailee
	  	 	23	 
	 5.2
	 	 Transfer of Pledged or Controlled Collateral
	  	 	24	 
			
	 Section 6.
	 	 Insolvency or Liquidation Proceedings
	  			
			
	 6.1
	 	 General Applicability; Filing of Motions
	  	 	25	 
	 6.2
	 	 Bankruptcy Financing
	  	 	25	 
	 6.3
	 	 Relief from the Automatic Stay
	  	 	26	 
	 6.4
	 	 Adequate Protection
	  	 	26	 
	 6.5
	 	 Reorganization Securities
	  	 	28	 
	 6.6
	 	 Separate Classes
	  	 	28	 
	 6.7
	 	 Asset Dispositions
	  	 	28	 
	 6.8
	 	 Preference Issues
	  	 	29	 
	 6.9
	 	 Certain Waivers as to Section 1111(b)(2) of the Bankruptcy Code
	  	 	29	 
	 6.10
	 	 Other Bankruptcy Laws
	  	 	29	 

  
 i 

							
	 Section 7.
	 	 Reliance; Waivers, etc
	  			
			
	 7.1
	 	 Reliance
	  	 	29	 
	 7.2
	 	 No Warranties or Liability
	  	 	29	 
	 7.3
	 	 No Waiver of Lien Priorities
	  	 	30	 
	 7.4
	 	 Obligations Unconditional
	  	 	32	 
			
	 Section 8.
	 	 Miscellaneous
	  			
			
	 8.1
	 	 Conflicts
	  	 	32	 
	 8.2
	 	 Continuing Nature of this Agreement; Severability
	  	 	32	 
	 8.3
	 	 When Discharge of Debt Deemed to Not Have Occurred
	  	 	33	 
	 8.4
	 	 Legends on Junior-Priority Documents
	  	 	34	 
	 8.5
	 	 Amendments; Waivers
	  	 	34	 
	 8.6
	 	 Subrogation
	  	 	35	 
	 8.7
	 	 Security Documents
	  	 	35	 
	 8.8
	 	 Notices
	  	 	36	 
	 8.9
	 	 No Waiver by Senior-Priority Secured Parties
	  	 	37	 
	 8.10
	 	 Further Assurances
	  	 	37	 
			
	 Section 9.
	 	 Representations and Warranties
	  			
			
	 9.1
	 	 Representations and Warranties of Each Party
	  	 	37	 
	 9.2
	 	 Consent to Jurisdiction; Waiver of Jury Trial
	  	 	37	 
	 9.3
	 	 Governing Law
	  	 	38	 
	 9.4
	 	 Binding on Successors and Assigns
	  	 	38	 
	 9.5
	 	 Specific Performance
	  	 	38	 
	 9.6
	 	 Section Titles; Time Periods
	  	 	38	 
	 9.7
	 	 Counterparts
	  	 	38	 
	 9.8
	 	 Parties in Interest
	  	 	38	 
	 9.9
	 	 Provisions Solely to Define Relative Rights
	  	 	39	 
	 9.10
	 	 Initial Senior-Priority Collateral Agent and Initial Junior-Priority Collateral Agent
	  	 	39	 
	 9.11
	 	 Application of Proceeds
	  	 	39	 
	 9.12
	 	 Additional Grantors
	  	 	39	 
			
	 EXHIBITS:
	 		  			
			
	 Exhibit A
	 	     Form of Intercreditor Agreement Joinder
	  			

  
 ii 

 SENIOR-JUNIOR LIEN INTERCREDITOR AGREEMENT 

SENIOR-JUNIOR LIEN INTERCREDITOR AGREEMENT, dated as of June 22, 2018, among CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, in its capacity as
collateral agent for the Senior-Priority Secured Parties (as defined below) (in such capacity, the “Initial Senior-Priority Collateral Agent”, as hereinafter further defined), REGIONS BANK, in its capacity as collateral agent for the
Junior-Priority Secured Parties (as defined below) (in such capacity, the “Initial Junior-Priority Collateral Agent”, as hereinafter further defined), CHS/COMMUNITY HEALTH SYSTEMS, INC., a Delaware corporation (the “Borrower”, as
hereinafter further defined), COMMUNITY HEALTH SYSTEMS, INC., a Delaware corporation (“Holdings”, as hereinafter further defined), the Subsidiaries of the Borrower from time to time party hereto and each Additional Agent (as defined below)
from time to time party hereto as Agent (as defined below) for the Additional Holders (as defined below). 
 W I T
N E S S E T H: 
 WHEREAS, pursuant to the Senior-Priority
Non-ABL Loan Agreement (as defined below), among the Borrower, Holdings, the lenders party thereto and the Initial Senior-Priority Non-ABL Loan Agreement Agent (as
defined below), such lenders have made and provided and from time to time may make and provide loans and other financial accommodations to the Borrower; 

WHEREAS, pursuant to the 2021 Secured Notes Indenture (as defined below), among the Borrower, Holdings, the Subsidiaries of the Borrower party
thereto, the 2021 Secured Notes Trustee (as defined below) and the Initial 2021 Secured Notes Agent (as defined below), the Borrower issued the 2021 Secured Notes (as defined below); 

WHEREAS, pursuant to the 2023 Secured Notes Indenture (as defined below), among the Borrower, Holdings, the Subsidiaries of the Borrower party
thereto, the 2023 Secured Notes Trustee (as defined below) and the Initial 2023 Secured Notes Agent (as defined below), the Borrower issued the 2023 Secured Notes (as defined below); 

WHEREAS, pursuant to the 2023 Junior-Priority Secured Notes Indenture (as defined below), among the Borrower, Holdings, the Subsidiaries of
the Borrower party thereto, the 2023 Junior-Priority Secured Notes Trustee (as defined below) and the Junior-Priority Collateral Agent (as defined below), the Borrower issued the 2023 Junior-Priority Secured Notes (as defined below); 

WHEREAS, pursuant to the 2024 Junior-Priority Secured Notes Indenture (as defined below), among the Borrower, Holdings, the Subsidiaries of
the Borrower party thereto, the 2024 Junior-Priority Secured Notes Trustee (as defined below) and the Junior-Priority Collateral Agent (as defined below), the Borrower issued the 2024 Junior-Priority Secured Notes (as defined below); 

WHEREAS, the Senior-Priority Debt (as defined below) is secured pursuant to the Senior-Priority Documents (as defined below) by Liens (as
defined below) on the Collateral and the Junior-Priority Debt (as defined below) is being secured on the date hereof pursuant to the Junior-Priority Documents (as defined below) by Liens on the Collateral; 

 WHEREAS, the relative priorities of the Liens in respect of the Collateral as set forth herein
are solely to define the relative rights of the Senior-Priority Secured Parties and the Junior-Priority Secured Parties, as between and among themselves, and with respect to the ABL Priority Collateral (as defined below) are subject in all respects
to the relative priorities set forth in the ABL Intercreditor Agreement (as defined below); and 
 WHEREAS, the Senior-Priority Holders and
the Junior-Priority Holders have authorized and directed the Initial Senior-Priority Collateral Agent and the Initial Junior-Priority Collateral Agent, respectively, to enter into this Agreement pursuant to which the parties hereto confirm that
(a) the Senior-Priority Debt is secured on a first priority basis by Liens on the Collateral (other than the ABL Priority Collateral) and on a second priority basis by Liens on the ABL Priority Collateral and (b) the Junior-Priority Debt
is secured on a second priority basis by Liens on the Collateral (other than the ABL Priority Collateral) and on a third priority basis by Liens on the ABL Priority Collateral, and to provide for the orderly sharing among them, in accordance with
such priorities, of proceeds of such assets and properties upon any foreclosure thereon or other disposition thereof and to address related matters; 

NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and obligations herein set forth and for other good and valuable
consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

Section 1. Definitions; Interpretation. 

1.1    Definitions. As used in this Agreement, the following terms have the meanings specified below: 

“2021 Secured Notes” shall mean the 5.125% Senior Secured Notes due 2021 issued by the Borrower pursuant to the 2021 Secured
Notes Indenture in the original aggregate principal amount of $1,000,000,000. 
 “2021 Secured Notes Agent” shall mean the
Initial 2021 Secured Notes Agent and, if applicable after the date hereof, any replacement or successor agent or any Additional Agent, in its capacity as agent, trustee or other representative (if any) for any Additional Holders under the 2021
Secured Notes Indenture and any other applicable Additional Senior-Priority Documents. 
 “2021 Secured Notes Indenture”
shall mean the Indenture, dated as of January 27, 2014, by and among the 2021 Secured Notes Trustee, the Initial 2021 Secured Notes Agent and the Escrow Issuer, as supplemented by the Assumption Supplemental Indenture, dated as of
January 27, 2014, by and among the 2021 Secured Notes Trustee, the Initial 2021 Secured Notes Agent, the Borrower and the other Subsidiaries of the Borrower party thereto, with respect to the 2021 Secured Notes, as it may be amended or further
supplemented from time to time. 
 “2021 Secured Notes Trustee” shall mean Regions Bank, as trustee under the 2021 Secured
Notes Indenture and its successors and assigns. 

  
 2 

 “2023 Junior-Priority Secured Notes” shall mean the Junior-Priority Secured
Notes due 2023 issued by the Borrower pursuant to the 2023 Junior-Priority Secured Notes Indenture in the original aggregate principal amount of $1,770,337,000. 

“2023 Junior-Priority Secured Notes Indenture” shall mean the Indenture, dated as of June 22, 2018, by and among the
Borrower, Holdings, the Subsidiaries of the Borrower party thereto, the 2023 Junior-Priority Secured Notes Trustee and Regions Bank, in its capacity as Initial Junior-Priority Collateral Agent, with respect to the 2023 Junior-Priority Secured Notes,
as it may be amended or supplemented from time to time. 
 “2023 Junior-Priority Secured Notes Trustee” shall mean Regions
Bank, as trustee under the 2023 Junior-Priority Secured Notes Indenture. 
 “2023 Secured Notes” shall mean the 6.250%
Senior Secured Notes due 2023 issued by the Borrower pursuant to the 2023 Secured Notes Indenture in the aggregate principal amount of $3,100,000,000 (and of which $2,200,000,000 aggregate principal amount was issued on March 16, 2017 and
$900,000,000 aggregate principal amount was issued on May 12, 2017). 
 “2023 Secured Notes Agent” shall mean the
Initial 2023 Secured Notes Agent and, if applicable after the date hereof, any replacement or successor agent or any Additional Agent, in its capacity as agent, trustee or other representative (if any) for any Additional Holders under the 2023
Secured Notes Indenture and any other applicable Additional Senior-Priority Documents. 
 “2023 Secured Notes Indenture”
shall mean the Indenture, dated as of March 16, 2017, by and among the 2023 Secured Notes Trustee, the Initial 2023 Secured Notes Agent and the Borrower, as supplemented by the First Supplemental Indenture, dated as of March 16, 2017, by
and among the 2023 Secured Notes Trustee, the Initial 2023 Secured Notes Agent, the Borrower and the other Subsidiaries of the Borrower party thereto and the Second Supplemental Indenture, dated as of May 12, 2017, by and among the 2023 Secured
Notes Trustee, the Initial 2023 Secured Notes Agent, the Borrower and the other Subsidiaries of the Borrower party thereto, with respect to the 2023 Secured Notes, as it may be amended or further supplemented from time to time. 

“2023 Secured Notes Trustee” shall mean Regions Bank, as trustee under the 2023 Secured Notes Indenture and its successors
and assigns. 
 “2024 Junior-Priority Secured Notes” shall mean the 8.125% Junior-Priority Secured Notes due 2024 issued by
the Borrower pursuant to the 2024 Junior-Priority Secured Notes Indenture in the original aggregate principal amount of $1,354,663,000. 

“2024 Junior-Priority Secured Notes Indenture” shall mean the Indenture, dated as of June 22, 2018, by and among the
Borrower, Holdings, the Subsidiaries of the Borrower party thereto, the 2024 Junior-Priority Secured Notes Trustee and Regions Bank, in its capacity as Initial Junior-Priority Collateral Agent, with respect to the 2024 Junior-Priority Secured Notes,
as it may be amended or supplemented from time to time. 
 “2024 Junior-Priority Secured Notes Trustee” shall mean Regions
Bank, as trustee under the 2024 Junior-Priority Secured Notes Indenture. 

  
 3 

 “ABL Agent” shall mean JPMorgan Chase Bank, N.A., in its capacity as
administrative agent and collateral agent under the ABL Credit Agreement, and also includes its successors and assigns, including any replacement or successor agent or any additional agent. 

“ABL Credit Agreement” shall mean the ABL Credit Agreement, dated as of April 3, 2018, by and among the Borrower,
Holdings, the ABL Agent and the lenders from time to time party thereto (as amended, supplemented, modified or restated from time to time). 

“ABL Intercreditor Agreement” shall mean the Amended and Restated ABL Intercreditor Agreement, dated as of June 22, 2018, by
and among the Borrower, Holdings, the other Guarantors from time to time party thereto, the Initial Senior-Priority Collateral Agent, the Initial Junior-Priority Collateral Agent, the Initial Senior-Priority
Non-ABL Loan Agreement Agent, the ABL Agent, each Additional Agent (as defined therein) from time to time party thereto, the 2021 Secured Notes Trustee, the 2023 Secured Notes Trustee, the 2023 Junior-Priority
Secured Notes Trustee and the 2024 Junior-Priority Secured Notes Trustee. 
 “ABL Priority Collateral” shall have the
meaning set forth in the ABL Intercreditor Agreement. 
 “Additional Agent” shall mean any agent, trustee or other
representative (if any) of the Additional Holders in respect of any Additional Debt. 
 “Additional Debt” shall have the
meaning set forth in Section 8.5(b)(i) hereof. 
 “Additional Holder” shall mean, collectively, any person party to
any Additional Senior-Priority Document or any Additional Junior-Priority Document as a lender, noteholder, owner, holder or creditor. 

“Additional Junior-Priority Debt” shall mean Additional Debt, the obligations of which are, or are intended to be, secured by
Liens on the Collateral that rank equal in priority (without regard to the control of remedies) with the obligations under the Junior-Priority Secured Notes Indentures and the Junior-Priority Secured Notes. 

“Additional Junior-Priority Document” shall mean any agreement, document or instrument governing or evidencing any Additional
Junior-Priority Debt. 
 “Additional Senior-Priority Debt” shall mean Additional Debt, the obligations of which are, or are
intended to be, secured by Liens on the Collateral that rank equal in priority (without regard to the control of remedies) with the obligations under the Senior-Priority Non-ABL Loan Agreement, the 2021
Secured Notes Indenture, the 2021 Secured Notes, the 2023 Secured Notes Indenture and the 2023 Secured Notes. 
 “Additional
Senior-Priority Document” shall mean any agreement, document or instrument governing or evidencing any Additional Senior-Priority Debt. 

  
 4 

 “Agents” shall mean, collectively, each Senior-Priority Collateral Agent and
each Junior-Priority Collateral Agent, sometimes being referred to herein individually as an “Agent”. 

“Agreement” shall mean this Senior-Junior Lien Intercreditor Agreement. 

“Bankruptcy Code” shall mean the United States Bankruptcy Code, being Title 11 of the United States Code. 

“Bankruptcy Law” means the Bankruptcy Code 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. 

“Borrower” shall have the meaning assigned to such term in the preamble to this Agreement and shall include (a) any
other Person that at any time after the date hereof becomes a borrower or issuer in respect of any Senior-Priority Debt or Junior-Priority Debt and (b) their respective successors and assigns. 

“Business Day” shall mean any day other than a Saturday, a Sunday or a day that is a legal holiday under the Laws of the
State of New York or on which banking institutions in the State of New York are required or authorized by Law or other governmental action to close. 

“Capitalized Lease Obligation” shall mean all leases that have been or are required to be, in accordance with GAAP, recorded
as capitalized leases. 
 “Collateral” shall mean all of the property and interests in property, real or personal, tangible
or intangible, now owned or hereafter acquired by any Grantor in or upon which any Senior-Priority Secured Party (in its capacity as such) or Junior-Priority Secured Party (in its capacity as such) at any time has a Lien, and including all proceeds
of such property and interests in property. 
 “Comparable Junior-Priority Security Document” shall mean, in relation to
any Collateral subject to any Senior-Priority Security Document, the Junior-Priority Security Document that creates a security interest in the same Collateral, granted by the same Grantor, as applicable. 

“Designated Junior-Priority Collateral Agent” shall mean (i) the Initial Junior-Priority Collateral Agent, until such
time as the Junior-Priority Secured Notes cease to be the only Junior-Priority Debt under this Agreement and (ii) thereafter, the “Applicable Authorized Representative” as defined in the Junior-Priority Equal Priority Intercreditor
Agreement in effect at such time. 
 “Designated Senior-Priority Collateral Agent” shall mean (i) if at any time there
is only one Senior-Priority Collateral Agent for the Senior-Priority Debt with respect to which the Discharge of Senior-Priority Debt has not occurred, such Senior-Priority Collateral Agent, and (ii) at any time when clause (i) does not
apply, the “Applicable Authorized Representative” as defined in the Senior-Priority Equal Priority Intercreditor Agreement in effect at such time. 

  
 5 

 “DIP Financing” shall have the meaning set forth in Section 6.2(a) hereof.

 “Discharge of Junior-Priority Debt” shall mean, subject to the terms of Section 8.3 hereof, the final payment in
full in cash of the Junior-Priority Debt (other than any Junior-Priority Debt consisting of unasserted contingent obligations). Notwithstanding the foregoing, if after receipt of any payment of, or proceeds of Collateral applied to the payment of,
the Junior-Priority Debt, any Junior-Priority Collateral Agent or any other Junior-Priority Secured Party is required to surrender or return such payment or proceeds to any person for any reason, then the Junior-Priority Debt intended to be
satisfied by such payment or proceeds shall be reinstated and continue and this Agreement shall continue in full force and effect as if such payment or proceeds had not been received by such Junior-Priority Collateral Agent or other Junior-Priority
Secured Party, as the case may be, and no Discharge of Junior-Priority Debt shall be deemed to have occurred. 
 “Discharge of
Senior-Priority Debt” shall mean, subject to the terms of Section 8.3 hereof, the final payment in full in cash of the Senior-Priority Debt (other than any Senior-Priority Debt consisting of unasserted contingent obligations).
Notwithstanding the foregoing, if after receipt of any payment of, or proceeds of Collateral applied to the payment of, the Senior-Priority Debt, any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party is required to
surrender or return such payment or proceeds to any person for any reason, then the Senior-Priority Debt intended to be satisfied by such payment or proceeds shall be reinstated and continue and this Agreement shall continue in full force and effect
as if such payment or proceeds had not been received by such Senior-Priority Collateral Agent or other Senior-Priority Secured Party, as the case may be, and no Discharge of Senior-Priority Debt shall be deemed to have occurred. 

“Equity Interests” shall mean shares of capital stock, partnership interests, membership interests in a limited liability
company, beneficial interests in a trust or other equity interests in any Person, and any option, warrant or other right entitling the holder thereof to purchase or otherwise acquire any such equity interest. 

“Escrow Issuer” shall mean FWCT-2 Escrow Corporation, a Delaware corporation and a
wholly owned subsidiary of Holdings. 
 “GAAP” shall mean generally accepted accounting principles in the United States as
in effect from time to time. 
 “Governmental Authority” shall mean any Federal, state, local or foreign court or
governmental agency, authority, instrumentality or regulatory body. 
 “Grantors” shall mean, collectively, the Borrower,
the Guarantors and each Subsidiary of the Borrower that shall have created or purported to create a Lien on any of its assets to secure any Senior-Priority Debt or Junior-Priority Debt, together with their respective successors and assigns;
sometimes being referred to herein individually as a “Grantor”. 
 “Guarantors” shall mean, collectively,
(a) Holdings, (b) the other Guarantors identified on the signature pages hereto, (c) any other Person that at any time after the date hereof becomes a party to a guarantee in favor of any Senior-Priority Secured Parties in respect of any
of the 

  
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Senior-Priority Debt or any Junior-Priority Secured Parties in respect of any of the Junior-Priority Debt and (d) their respective successors and assigns; sometimes being referred to herein
individually as a “Guarantor”. 
 “Indebtedness” shall have the meaning set forth in the Senior-Priority Non-ABL Loan Agreement as in effect on the date hereof. 
 “Initial 2021 Secured Notes
Agent” shall mean Credit Suisse AG, in its capacity as collateral agent under the 2021 Secured Notes Indenture and the other applicable Senior-Priority Documents to which it is a party in such capacity, and also includes its successors and
assigns, including any replacement or successor agent or any additional agent. 
 “Initial 2023 Secured Notes Agent” shall
mean Credit Suisse AG, in its capacity as collateral agent under the 2023 Secured Notes Indenture and the other applicable Senior-Priority Documents to which it is a party in such capacity, and also includes its successors and assigns, including any
replacement or successor agent or any additional agent. 
 “Initial Junior-Priority Collateral Agent” shall mean Regions
Bank, in its capacity as collateral agent under each Junior-Priority Secured Notes Indenture and the other applicable Junior-Priority Documents to which it is a party in such capacity, and also includes its successors and assigns, including any
replacement or successor agent or any additional agent. 
 “Initial Senior-Priority Collateral Agent” shall mean Credit
Suisse AG, Cayman Islands Branch, in its capacity as the Initial Senior-Priority Non-ABL Loan Agreement Agent, the Initial 2021 Secured Notes Agent and the Initial 2023 Secured Notes Agent, and also includes
its successors and assigns, including any replacement or successor agent or any additional agent under the Senior-Priority Non-ABL Loan Agreement, the 2021 Secured Notes Indenture or the 2023 Secured Notes
Indenture, as applicable. 
 “Initial Senior-Priority Non-ABL Loan Agreement Agent”
shall mean Credit Suisse AG, in its capacity as administrative agent and collateral agent under the Senior-Priority Non-ABL Loan Agreement and as collateral agent under the other applicable Senior-Priority
Documents to which it is a party in such capacity, and also includes its successors and assigns, including any replacement or successor agent or any additional agent. 

“Insolvency or Liquidation Proceeding” shall mean (a) any voluntary or involuntary case or proceeding under any
Bankruptcy Law with respect to any Grantor, (b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding with respect to
any Grantor or with respect to any of their respective assets, (c) any proceeding seeking the appointment of any trustee, receiver, liquidator, custodian or other insolvency official with similar powers with respect to such Person or any or all
of its assets or properties, (d) any liquidation, dissolution, reorganization or winding up of any Grantor whether voluntary or involuntary and whether or not involving insolvency or bankruptcy or (e) any assignment for the benefit of
creditors or any other marshalling of assets and liabilities of any Grantor. 
 “Intercreditor Agreement Joinder” shall
mean, with respect to any Grantor or any Additional Agent, an instrument substantially in the form of Exhibit A hereto, executed by such Grantor or such Additional Agent and, in the case of any Additional Agent, acknowledged by each
applicable Agent in accordance with Section 8.3 hereof. 

  
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 “Junior-Priority Collateral Agent” shall mean the Initial Junior-Priority
Collateral Agent and, if applicable after the date hereof, any replacement or successor agent or trustee or any Additional Agent or trustee, in its capacity as agent, trustee or other representative (if any) under any applicable Additional
Junior-Priority Documents. 
 “Junior-Priority Debt” shall mean all obligations, liabilities and Indebtedness of every
kind, nature and description owing by any Grantor to any Junior-Priority Secured Party (in its capacity as such), including principal, interest, charges, fees, premiums, indemnities and expenses (including attorney’s fees and expenses), however
evidenced, whether as principal, surety, endorser, guarantor or otherwise, evidenced by or arising under any of the Junior-Priority Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any
renewal term of the Junior-Priority Documents or after the commencement of any case with respect to any Grantor under the Bankruptcy Code or any other Insolvency or Liquidation Proceeding (and including any principal, interest, fees, costs, expenses
and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case or similar proceeding), whether direct or indirect, absolute or
contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured. 

“Junior-Priority Documents” shall mean, collectively, the following: (a) the Junior-Priority Secured Notes Indentures,
(b) the Junior-Priority Secured Notes, (c) the Junior-Priority Security Agreement and the other Junior-Priority Security Documents, (d) any Additional Junior-Priority Document and (e) all agreements, documents and instruments at
any time executed and/or delivered by any Grantor or any other Person to, with or in favor of, any Junior-Priority Secured Party in connection with any of the documents referred to in clauses (a) through (d) above or related to any thereto, as
all of the foregoing now exist or may hereafter be Refinanced (in whole or in part). 
 “Junior-Priority Equal Priority
Intercreditor Agreement” shall mean the Junior-Priority Lien Pari Passu Intercreditor Agreement, dated as of June 22, 2018, among the Initial Junior-Priority Collateral Agent, the 2023 Junior-Priority Secured Notes Trustee, the 2024
Junior-Priority Secured Notes Trustee and each Additional Agent for the Additional Holders of Additional Junior-Priority Debt, from time to time party thereto, as amended, supplemented, modified or restated from time to time. 

“Junior-Priority Holders” shall mean, collectively, any person party to one or more Junior-Priority Documents as a lender,
noteholder, owner, holder or creditor (and, including any other lender, noteholder, owner, holder or creditor or group of lenders, noteholders, owners, holders or creditors that at any time Refinances all or any portion of the Junior-Priority Debt
or is otherwise party to one or more Junior-Priority Documents as a lender, noteholder, owner, holder or creditor); sometimes being referred to herein individually as a “Junior-Priority Holder”. 

“Junior-Priority Secured Notes” shall mean, collectively, the 2023 Junior-Priority Secured Notes and the 2024 Junior-Priority
Secured Notes. 

  
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 “Junior-Priority Secured Notes Indentures” shall mean, collectively, the 2023
Junior-Priority Secured Notes Indenture and the 2024 Junior-Priority Secured Notes Indenture. 
 “Junior-Priority Secured Notes
Trustees” shall mean, collectively, the 2023 Junior-Priority Secured Notes Trustee and the 2024 Junior-Priority Secured Notes Trustee. 

“Junior-Priority Secured Parties” shall mean, collectively, (a) each Junior-Priority Collateral Agent, (b) each
Junior-Priority Holder, (c) the Junior-Priority Secured Notes Trustees, (d) each other person to whom any of the Junior-Priority Debt is owed and (e) the successors, replacements and assigns of each of the foregoing; sometimes being
referred to herein individually as a “Junior-Priority Secured Party”. 
 “Junior-Priority Security Agreement”
shall mean the “Collateral Agreement” as defined in each Junior-Priority Secured Notes Indenture. 
 “Junior-Priority
Security Documents” shall mean the “Notes Collateral Documents” as defined in each Junior-Priority Secured Notes Indenture and any similar term used in any Additional Junior-Priority Document to describe any Additional
Junior-Priority Document that creates and/or perfects or purports to create and/or perfect any Lien on the Collateral for the benefit of the applicable Junior-Priority Secured Parties under such Additional Junior-Priority Documents. 

“Law” shall, collectively, all international, foreign, federal, state and local statutes, treaties, rules, guidelines,
regulations, ordinances, codes and administrative or judicial precedents, orders, decrees, injunctions 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. 

“Lien” shall mean any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or
other), charge, or preference, priority or other security interest or preferential arrangement of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any easement, right of way or other encumbrance on
title to Real Property, and any Capitalized Lease Obligation having substantially the same economic effect as any of the foregoing). 

“Person” or “person” shall mean any natural person, corporation, limited liability company, trust, joint
venture, association, company, partnership or other entity or any government or any agency or instrumentality or political subdivision thereof. 

“Pledged or Controlled Collateral” shall have the meaning set forth in Section 5.1(a) hereof. 

“Real Property” shall mean, collectively, all right, title and interest (including any leasehold, mineral or other estate) in
and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and
appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof. 

  
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 “Recovery” shall have the meaning set forth in Section 6.8 hereof. 

“Refinance” shall mean, with respect to any Indebtedness (the “Refinanced Indebtedness”), any Indebtedness
incurred in exchange for or as a replacement of (including by entering into alternative financing arrangements in respect of such exchange or replacement (in whole or in part), by adding or replacing lenders, creditors, agents, borrowers and/or
guarantors, or, after the original instrument giving rise to such Indebtedness has been terminated, by entering into any credit agreement, loan agreement, note purchase agreement, indenture or other agreement), or the net proceeds of which are to be
used for the purpose of modifying, extending, refinancing, renewing, replacing, redeeming, repurchasing, defeasing, amending, supplementing, restructuring, repaying, prepaying, retiring, extinguishing or refunding such Refinanced Indebtedness.
“Refinanced” and “Refinancing” have correlative meanings. 
 “Senior-Priority Collateral
Agent” shall mean the Initial Senior-Priority Collateral Agent and, if applicable after the date hereof, any replacement or successor agent or trustee or any Additional Agent or trustee, in its capacity as agent, trustee or other
representative (if any) under any applicable Additional Senior-Priority Documents. 
 “Senior-Priority Debt” shall mean all
obligations, liabilities and Indebtedness of every kind, nature and description owing by any Grantor to any Senior-Priority Secured Party (in its capacity as such), including principal, interest, charges, fees, premiums, indemnities and expenses
(including attorney’s fees and expenses), however evidenced, whether as principal, surety, endorser, guarantor or otherwise, evidenced by or arising under any of the Senior-Priority Documents, whether now existing or hereafter arising, whether
arising before, during or after the initial or any renewal term of the Senior-Priority Documents or after the commencement of any case with respect to any Grantor under the Bankruptcy Code or any other Insolvency or Liquidation Proceeding (and
including any principal, interest, fees, costs, expenses and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case or similar
proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured. 

“Senior-Priority Documents” shall mean, collectively, (a) the Senior-Priority
Non-ABL Loan Agreement, (b) the 2021 Secured Notes Indenture, (c) the 2023 Secured Notes Indenture, (d) the 2021 Secured Notes, (e) the 2023 Secured Notes, (f) the Senior-Priority
Security Documents, (g) any Additional Senior-Priority Documents and (h) all other agreements, documents and instruments at any time executed and/or delivered by any Grantor or any other person to, with, or in favor of, any Senior-Priority
Secured Party in connection with any of the documents referred to in clauses (a) through (g) above or related to any thereto, as all of the foregoing now exist or may hereafter be Refinanced (in whole or in part). 

“Senior-Priority Equal Priority Intercreditor Agreement” shall mean the First Lien Intercreditor Agreement dated as of
August 17, 2012, among the Initial Senior-Priority Non-ABL Loan Agreement Agent, the 2021 Secured Notes Trustee, the Initial 2021 Secured Notes Agent, the 2023 Secured Notes Trustee, the Initial 2023
Secured Notes Agent and other parties from time to time party thereto, as amended, supplemented, modified or restated from time to time. 

  
 10 

 “Senior-Priority Holders” shall mean, collectively, any person party to one or
more Senior-Priority Documents as a lender, noteholder, owner, holder or creditor (and including any other lender, noteholder, owner, holder or creditor or group of lenders, noteholders, owners, holders or creditors that at any time Refinances all
or any portion of the Senior-Priority Debt or is otherwise party to one or more Senior-Priority Documents as a lender, noteholder, owner, holder or creditor); sometimes being referred to herein individually as a “Senior-Priority Holder”.

 “Senior-Priority Non-ABL Loan Agreement” shall mean the Fourth Amended and
Restated Credit Agreement dated as of March 23, 2018, by and among the Borrower, Holdings, the Initial Senior-Priority Non-ABL Loan Agreement Agent and lenders from time to time party thereto (as further
amended, supplemented, modified or restated from time to time). 
 “Senior-Priority Secured Parties” shall mean,
collectively, (a) each Senior-Priority Collateral Agent, (b) each Senior-Priority Holder, (c) the 2021 Secured Notes Trustee and the 2023 Secured Notes Trustee, (d) each other person to whom any of the Senior-Priority Debt is
owed and (e) the successors and assigns of each of the foregoing; sometimes being referred to herein individually as a “Senior-Priority Secured Party”. 

“Senior-Priority Security Documents” shall mean the “Security Documents” as defined in the Senior-Priority Non-ABL Loan Agreement, the “Notes Collateral Documents” as defined in the 2021 Secured Notes Indenture and 2023 Secured Notes Indenture and any similar term used in any Additional Senior-Priority Document
to describe any Additional Senior-Priority Document that creates and/or perfects or purports to create and/or perfect any Lien on the Collateral for the benefit of the applicable Senior-Priority Secured Parties under such Additional Senior-Priority
Documents. 
 “Subsidiary” shall mean any “Subsidiary” of the Borrower as defined in the Senior-Priority Non-ABL Loan Agreement as of the date hereof. 
 “Uniform Commercial Code” or
“UCC” shall mean the Uniform Commercial Code (or any similar or equivalent legislation) as from time to time in effect in any applicable jurisdiction. 

1.2    Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the
terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the
phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise, (a) any definition of or reference to any agreement,
instrument or other document herein 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 not prohibited by any of the Senior-Priority Documents, (b) any reference herein to any Person shall 

  
 11 

 
be construed to include such Person’s successors and assigns, and as to the Borrower, any Guarantor or any other Grantor, shall be deemed to include a receiver, trustee or debtor-in-possession on behalf of any of such person or on behalf of any such successor or assign, (c) the words “herein”, “hereof” and
“hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) except as otherwise expressly provided, all references herein to Sections shall be
construed to refer to Sections of this Agreement, (e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties,
including cash, securities, accounts and contract rights and (f) references to any Law shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting such Law. 

Section 2. Lien Priorities. 

2.1    Subordination. 

(a)    Notwithstanding the date, manner or order of grant, attachment or perfection of any Liens granted to any
Senior-Priority Collateral Agent or any Senior-Priority Secured Party or any Junior-Priority Collateral Agent or any Junior-Priority Secured Party and notwithstanding any provision of the UCC or any applicable Law or any provisions of the
Senior-Priority Documents or the Junior-Priority Documents or any other circumstance whatsoever, each Junior-Priority Collateral Agent, for itself and on behalf of the Junior-Priority Secured Parties with respect to which such Junior-Priority
Collateral Agent is acting as Agent, hereby agrees that: (i) any Lien on the Collateral securing Senior-Priority Debt now or hereafter held by or for the benefit or on behalf of any Senior-Priority Secured Party or any Agent therefor shall be
senior in right, priority, operation, effect and in all other respects to any Lien on the Collateral securing the Junior-Priority Debt now or hereafter held by or for the benefit or on behalf of any Junior-Priority Secured Party or any Agent
therefor and (ii) any Lien on the Collateral securing any of the Junior-Priority Debt now or hereafter held by or for the benefit or on behalf of any Junior-Priority Secured Party or any Agent therefor shall be junior and subordinate in all
respects to all Liens on the Collateral securing any Senior-Priority Debt now or hereafter held by or for the benefit or on behalf of any Senior-Priority Secured Party or any Agent therefor. 

(b)    All Liens on the Collateral securing any Senior-Priority Debt shall be and remain senior in all respects and prior
to all Liens on the Collateral securing any Junior-Priority Debt for all purposes, whether or not such Liens securing any Senior-Priority Debt are subordinated to any Lien securing any other obligation of any Grantor or any other Person. 

(c)    The parties hereto intend that the Collateral securing the Senior-Priority Debt and the Collateral securing the
Junior-Priority Debt be identical; provided, however, that the parties hereto acknowledge that the Collateral securing certain of the Senior-Priority Debt and the Junior-Priority Debt may exclude (i) Equity Interests and other
securities of any Subsidiary of the Borrower to the extent required under such applicable Senior-Priority Documents and/or Junior-Priority Documents and necessary for such Subsidiary not to be subject to any requirement pursuant to Rule 3-16 of Regulation S-X under the Securities Act of 1933 to file separate financial statements with the SEC (or any other governmental agency) due to the fact that such
Subsidiary’s Equity Interests or other securities secure any such Senior-Priority Debt or 

  
 12 

 
Junior-Priority Debt and (ii) cash collateral provided under the terms of the Senior-Priority Non-ABL Loan Agreement (it being understood that the
exclusions in clauses (i) and (ii) do not apply to Senior-Priority Debt under the Senior-Priority Non-ABL Loan Agreement). 

2.2    Prohibition on Contesting Liens. Each Senior-Priority Collateral Agent, for itself and on behalf of the
other Senior-Priority Secured Parties with respect to which such Senior-Priority Collateral Agent is acting as Agent and each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect to
which such Junior-Priority Collateral Agent is acting as Agent, agrees that it shall not (and hereby waives any right to) contest, or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the
perfection, priority, validity or enforceability of a Lien held by or for the benefit or on behalf of any Senior-Priority Secured Party in any Collateral or by or on behalf of any of the Junior-Priority Secured Parties in any Collateral, as the case
may be; provided, however, that nothing in this Agreement shall be construed to prevent or impair the rights of any Senior-Priority Secured Party or Junior-Priority Secured Party to enforce this Agreement. 

2.3    No New Liens. 

(a)    So long as the Discharge of Senior-Priority Debt has not occurred, the parties hereto agree that, after the date
hereof, if any Junior-Priority Secured Party shall hold any Lien on any assets of any Grantor securing any Junior-Priority Debt that are not also subject to Liens of each applicable Senior-Priority Collateral Agent under the applicable
Senior-Priority Documents (except for any assets that are expressly not required to be subject to a Lien of such Senior-Priority Collateral Agent under the Senior-Priority Documents with respect to which such Senior-Priority Collateral Agent is
acting as Agent), such Grantor shall promptly give written notice thereof to each such Senior-Priority Collateral Agent and such Grantor shall grant a Lien thereon to each such Senior-Priority Collateral Agent in a manner and on terms satisfactory
to such Senior-Priority Collateral Agent. 
 (b)    So long as any Junior-Priority Debt remains outstanding, the parties
hereto agree that, after the date hereof, if any Senior-Priority Secured Party shall hold any Lien on any assets of any Grantor securing any Senior-Priority Debt that are not also subject to Liens of each Junior-Priority Collateral Agent under the
applicable Junior-Priority Documents (except for any assets that are expressly not required to be subject to a Lien of such Junior-Priority Collateral Agent under the Junior-Priority Documents with respect to which such Junior-Priority Collateral
Agent is acting as Agent and cash collateral provided under the terms of the Senior-Priority Non-ABL Loan Agreement), such Grantor shall promptly give written notice thereof to each such Junior-Priority
Collateral Agent and shall grant a Lien thereon to each such Junior-Priority Collateral Agent in a manner and on terms reasonably satisfactory to such Junior-Priority Collateral Agent. 

(c)    To the extent that the provisions of this Section 2.3 are not complied with for any reason, without limiting
any other right or remedy available to the Senior-Priority Collateral Agents or any other Senior-Priority Secured Party, each Junior-Priority Collateral Agent agrees, for itself and on behalf of the other Junior-Priority Secured Parties with respect
to which such Junior-Priority Collateral Agent is acting as Agent, that any amount received by or distributed to such Junior-Priority Secured Party pursuant to or as a result of any Lien granted in contravention of this Section shall be subject to
Section 4 hereof. 

  
 13 

 2.4    Similar Liens and Agreements. 

(a)    The parties hereto agree, subject to the other provisions of this Agreement: 

(i)    to cooperate in order to determine, upon any request by any Senior-Priority Collateral Agent or any
Junior-Priority Collateral Agent, the specific items included in the Collateral securing the Senior-Priority Debt and the Collateral securing the Junior-Priority Debt, the steps taken to perfect the Liens thereon, and the identity of the respective
parties obligated under the Senior-Priority Documents and the Junior-Priority Documents; and 

(ii)    to make the forms, documents and agreements creating or evidencing the Collateral securing the
Senior-Priority Debt and the Collateral securing the Junior-Priority Debt and the Liens of the Senior-Priority Secured Parties and the Liens of the Junior-Priority Secured Parties materially the same, other than with respect to the senior priority
or junior priority lien nature of the Liens created or evidenced thereunder (as applicable), the identity of the parties thereto or secured thereby and other matters contemplated by this Agreement, including the proviso in Section 2.1(c). 

Section 3. Enforcement. 

3.1    Exercise of Rights and Remedies. 

(a)    So long as the Discharge of Senior-Priority Debt has not occurred, whether or not any Insolvency or Liquidation
Proceeding has been commenced by or against any Grantor, each Junior-Priority Collateral Agent agrees, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as
Agent, that: 
 (i)    it will not (A) contest, protest or object to any foreclosure proceeding or
action brought by any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party or any other exercise by any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party of any rights and remedies relating to the
Collateral or otherwise or (B) contest, protest or object to the forbearance by any Senior-Priority Secured Party from bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to any of
the Collateral; 
 (ii)    each Senior-Priority Collateral Agent and the other Senior-Priority Secured
Parties shall have the exclusive right to enforce rights, exercise remedies (including set-off and the right to credit bid their debt), to make determinations regarding the release, disposition or restrictions
with respect to the Collateral and commence or seek to commence any action or proceeding with respect to such rights or remedies (including any foreclosure action or proceeding or any Insolvency or Liquidation Proceeding) without any consultation
with or the consent of any Junior-Priority Collateral Agent or any other Junior-Priority Secured Party; provided, however, that (A) in any 

  
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Insolvency or Liquidation Proceeding commenced by or against any Grantor, a Junior-Priority Collateral Agent may file a proof of claim or statement of interest with respect to the Junior-Priority
Debt with respect to which such Junior-Priority Collateral Agent is acting as Agent, (B) a Junior-Priority Collateral Agent may send such notices of the existence of, or any evidence or confirmation of, the Junior-Priority Debt under the
applicable Junior-Priority Documents or the Liens of such Junior-Priority Collateral Agent in the Collateral to any court or governmental agency, or file or record any such notice or evidence to the extent necessary to prove or preserve the Liens of
such Junior-Priority Collateral Agent in the Collateral, (C) a Junior-Priority Collateral Agent may file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other pleading made by any
Person objecting to or otherwise seeking the disallowance of the claims of any Junior-Priority Secured Party with respect to which such Junior-Priority Collateral Agent is acting as Agent, including any claims secured by the Collateral, or otherwise
make any agreements or file any motions pertaining to the applicable Junior-Priority Debt, in each case to the extent not inconsistent with the terms of this Agreement, (D) a Junior-Priority Collateral Agent may commence legal proceedings
against a Grantor (but not any of the Collateral); provided, however, that, such legal proceedings could not reasonably be expected to interfere with the rights of any Senior-Priority Collateral Agent or any other Senior-Priority
Secured Party in and to the Collateral or any Senior-Priority Debt or the exercise by any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party of such rights and does not involve any contest or challenge to the validity,
perfection, priority or enforceability of the Liens of any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party or any other holder of Senior-Priority Debt and in any event no Junior-Priority Collateral Agent may enforce any
judgment against any of the Collateral, (E) the Junior-Priority Secured Parties shall be entitled to file any proof of claim and other filings, make any arguments and motions and take any other action in order to preserve or protect their Liens
on the Collateral that are, in each case, in accordance with the terms of this Agreement, with respect to the applicable Junior-Priority Debt and the Collateral, (F) the Junior-Priority Secured Parties may exercise rights and remedies that may
be exercised by unsecured creditors to the extent provided in Section 3.4 hereof and not otherwise inconsistent with the terms hereof, including, in any Insolvency or Liquidation Proceeding, the right to file any pleadings, objections, motions
or agreements which assert rights or interests available to unsecured creditors of the Grantors arising under either Bankruptcy Law or applicable non-bankruptcy Law (other than initiating or joining in an
involuntary case or proceeding under the Bankruptcy Code with respect to a Grantor, except as otherwise requested or expressly consented to in writing by the Designated Senior-Priority Collateral Agent), in each case, in accordance with the terms of
this Agreement; provided, however, that any judgment Lien obtained by a Junior-Priority Secured Party as a result of such exercise of rights will be subject to this Agreement (and will have the same priority hereunder as the other
Liens of the applicable Junior-Priority Collateral Agent); provided further, however, that until the Discharge of Senior-Priority Debt, if a Junior-Priority Collateral Agent or any other Junior-Priority Secured Party shall, at
any time, receive any proceeds of any such judgment Lien, it shall pay such proceeds over to the Senior-Priority Collateral Agent in accordance with the terms of Section 4.2 and (G) in any Insolvency or Liquidation Proceeding, the
Junior-Priority Secured Parties shall be entitled to vote on any plan of reorganization, in a manner and to the extent consistent with the provisions hereof; and 

  
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 (iii)    each Senior-Priority Collateral Agent and the other
Senior-Priority Secured Parties, in exercising rights and remedies with respect to the Collateral, may enforce the provisions of the Senior-Priority Documents and exercise remedies thereunder, all in such order and in such manner as they may
determine in the exercise of their sole discretion and such exercise and enforcement shall include the rights of an agent appointed by them to sell or otherwise dispose of Collateral upon foreclosure, to incur expenses in connection with such sale
or disposition, and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code and of a secured creditor under the Bankruptcy Code or any other Bankruptcy Law, in each case as if no Junior-Priority Debt is then
outstanding. 
 (b)    Each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority
Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that it will not take or receive any Collateral or any proceeds of Collateral in connection with the exercise of any right or remedy (including set-off) with respect to any Collateral, unless and until the Discharge of Senior-Priority Debt has occurred. Without limiting the generality of the foregoing, unless and until the Discharge of Senior-Priority Debt
has occurred, except as expressly provided in the provisos in Section 3.1(a)(ii) above, the sole right of the Junior-Priority Collateral Agents and the other Junior-Priority Secured Parties with respect to the Collateral is to hold a Lien on
the Collateral pursuant to the Junior-Priority Documents for the period and to the extent granted therein and to receive a share of the proceeds thereof, if any, after the Discharge of Senior-Priority Debt has occurred. 

(c)    Each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with
respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that it will not take any action that would hinder any exercise of remedies undertaken by any Senior-Priority Collateral Agent under the Senior-Priority Documents,
including any sale, lease, exchange, transfer or other disposition of the Collateral, whether by foreclosure or otherwise, and each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect
to which such Junior-Priority Collateral Agent is acting as Agent, hereby waives any and all rights each may have as a junior lien creditor or otherwise to object to the manner or order in which any Senior-Priority Collateral Agent or the other
Senior-Priority Secured Parties seek to enforce or collect the Senior-Priority Debt or the Liens granted in any of the Collateral, regardless of whether any action or failure to act by or on behalf of any Senior-Priority Collateral Agent or the
other Senior-Priority Secured Parties is or could be adverse to the interests of the Junior-Priority Secured Parties. 

(d)    Each Junior-Priority Collateral Agent hereby acknowledges and agrees that no covenant, agreement or restriction
contained in any Junior-Priority Document shall be deemed to restrict in any way the rights and remedies of the Senior-Priority Collateral Agents or the other Senior-Priority Secured Parties with respect to the Collateral as set forth in this
Agreement and the Senior-Priority Documents. 

  
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 (e)    Subject to 3.1(a) hereof, the Designated Senior-Priority Collateral
Agent shall have the exclusive right to exercise or enforce any right or remedy with respect to the Collateral and to make determinations regarding the release, disposition or restrictions with respect to the Collateral and commence or seek to
commence any action or proceeding with respect to such rights and remedies and shall have the exclusive right to determine and direct the time, method and place for exercising such right or remedy or conducting any proceeding with respect thereto.
Following the Discharge of Senior-Priority Debt, subject to the Junior-Priority Equal Priority Intercreditor Agreement and any other then effective intercreditor agreement, the Designated Junior-Priority Collateral Agent, who may be instructed by
the applicable Junior-Priority Secured Parties in accordance with the applicable Junior-Priority Documents, shall have the exclusive right to exercise any right or remedy with respect to the Collateral, and the Designated Junior-Priority Collateral
Agent, who may be instructed by the applicable Junior-Priority Secured Parties in accordance with the applicable Junior-Priority Documents, shall have the exclusive right to direct the time, method and place of exercising or conducting any
proceeding for the exercise of any right or remedy available to the Junior-Priority Secured Parties with respect to the Collateral, or of exercising or directing the exercise of any trust or power conferred on the Junior-Priority Collateral Agents,
or for the taking of any other action authorized by the Junior-Priority Documents; provided, however, that nothing in this Section 3.1(e) shall impair the right of any Junior-Priority Collateral Agent or other agent or trustee
acting on behalf of the Junior-Priority Secured Parties to take such actions with respect to the Collateral after the Discharge of Senior-Priority Debt as may be otherwise required or authorized pursuant to any intercreditor agreement governing the
Junior-Priority Secured Parties or the Junior-Priority Debt. 
 3.2    Limitation on Exercise of Remedies by
Junior-Priority Secured Parties. Each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent: 

(a)    will not, so long as the Discharge of Senior-Priority Debt has not occurred, enforce or exercise, or
seek to enforce or exercise, any rights or remedies (including any right of setoff or notification of account debtors) with respect to any Collateral, other than the rights set forth in Section 3.1(a)(ii); 

(b)    will not contest, protest or object to any foreclosure action or proceeding brought by any
Senior-Priority Collateral Agent or any other Senior-Priority Secured Party, or any other enforcement or exercise by any Senior-Priority Secured Party of any rights or remedies relating to the Collateral under the Senior-Priority Documents or
otherwise, so long as the Liens of such Junior-Priority Collateral Agent attach to the proceeds thereof subject to the relative priorities set forth in Section 2.1; 

(c)    will not object to the forbearance by any Senior-Priority Collateral Agent or the other
Senior-Priority Secured Parties from commencing or pursuing any foreclosure action or proceeding or any other enforcement or exercise of any rights or remedies with respect to any of the Collateral; 

(d)    will not, so long as the Discharge of Senior-Priority Debt has not occurred, take or receive any
Collateral, or any proceeds thereof or payment with respect thereto, in connection with the exercise of any right or remedy (including any right of setoff) with respect to any Collateral or in connection with any insurance policy award or any
condemnation award (or deed in lieu of condemnation) relating to any Collateral; 

  
 17 

 (e)    will not take any action that would, or could
reasonably be expected to, hinder, in any manner, any exercise of remedies under the Senior-Priority Documents, including any sale or other disposition of any Collateral, whether by foreclosure or otherwise; 

(f)    will not object to the order or manner in which any Senior-Priority Collateral Agent or any other
Senior-Priority Secured Party may seek to enforce or collect the Senior-Priority Debt or the Liens of such Senior-Priority Secured Party, regardless of whether any action or failure to act by or on behalf of any Senior-Priority Collateral Agent or
any other Senior-Priority Secured Party is, or could be, adverse to the interests of the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, and will not assert, and hereby waives, to the
fullest extent permitted by Law, any right to demand, request, plead or otherwise assert or claim the benefit of any marshalling, appraisal, valuation or other similar right that may be available under applicable law with respect to the Collateral
or any other rights a junior secured creditor may have under applicable law with respect to the matters described in this clause (f); and 

(g)    will not attempt, directly or indirectly, whether by judicial proceeding or otherwise, to challenge
or question the validity or enforceability of any Senior-Priority Debt, any Lien of a Senior-Priority Collateral Agent or any Senior-Priority Security Document, including this Agreement, or the validity or enforceability of the priorities, rights or
obligations established by this Agreement. 
 3.3    Cooperation. Subject to the provisos in
Section 3.1(a)(ii), each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that, unless and until the
Discharge of Senior-Priority Debt has occurred, it will not commence, or join with any Person (other than the Designated Senior-Priority Collateral Agent upon its request) in commencing, any enforcement, collection, execution, levy or foreclosure
action or proceeding with respect to any Lien held by it under any of the Junior-Priority Documents, or otherwise. 

3.4    Rights as Unsecured Creditors. The Junior-Priority Collateral Agents and the other Junior-Priority Secured
Parties may exercise rights and remedies as an unsecured creditor against any Grantor in accordance with the terms of the Junior-Priority Documents and applicable Law, but only to the extent that the exercise of any such rights and remedies is not
inconsistent with the terms of this Agreement. In the event any Junior-Priority Secured Party, as a result of the exercise of their rights as unsecured creditors are granted or otherwise holds a judgment Lien, such Lien shall be subject to this
Agreement (and will have the same priority hereunder as the other Liens of the applicable Junior-Priority Collateral Agent). Nothing in this Agreement shall prohibit the receipt by any Junior-Priority Collateral Agent or any other Junior-Priority
Secured Party of the required payments of interest and principal so long as such receipt is not the direct or indirect result of the exercise by such Junior-Priority Collateral Agent or any other Junior-Priority Secured Party with respect to which
such Junior-Priority Collateral Agent is 

  
 18 

 
acting as Agent of foreclosure rights or other remedies as a secured creditor (including any right of setoff) or enforcement in contravention of this Agreement of any Lien held by any of them or
any other act in contravention of this Agreement. 
 3.5    Release of Junior-Priority Liens. 

(a)    Effective upon any sale, lease, license, exchange, transfer or other disposition of any Collateral permitted, or
expressly consented to in writing by the Senior-Priority Collateral Agents, under the terms of the Senior-Priority Documents to which each such Agent is a party that results in the release of any of such Senior-Priority Collateral Agent’s Liens
on any Collateral (excluding any sale or other disposition that is expressly prohibited by the Junior-Priority Documents (as in effect on the date hereof) unless such sale or other disposition is consummated in connection with the exercise of such
Senior-Priority Collateral Agent’s remedies in respect of Collateral or consummated after the commencement of any Insolvency or Liquidation Proceeding or consummated upon the occurrence or during the existence of an event of default under the
Senior-Priority Documents to which such Agent is a party): 
 (i)    the Liens, if any, of each
Junior-Priority Collateral Agent, for itself or for the benefit of the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, on such Collateral shall be automatically, unconditionally and
simultaneously released to the same extent as the release of each such Senior-Priority Collateral Agent’s Lien; provided, however, that the proceeds thereof shall be applied pursuant to Section 4.1; 

(ii)    each Junior-Priority Collateral Agent, for itself or on behalf of the Junior-Priority Secured
Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, shall promptly upon the written request of any Senior-Priority Collateral Agent execute and deliver such release documents and confirmations of the authorization
to file UCC amendments and terminations provided for herein, in each case as the Senior-Priority Collateral Agents may reasonably require in connection with such sale, lease, license, exchange, transfer or other disposition by the Senior-Priority
Collateral Agents, the Senior-Priority Collateral Agents’ agents or any Grantor with the prior written consent of the Senior-Priority Collateral Agents to evidence and effectuate such termination and release; provided, however,
that any such release or UCC amendment or termination by such Junior-Priority Collateral Agent shall not extend to or otherwise affect any of the rights, if any, of such Junior-Priority Collateral Agent to the proceeds from any such sale, lease,
license, exchange, transfer or other disposition of the Collateral; 
 (iii)    each Junior-Priority
Collateral Agent, for itself or on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, shall be deemed to have authorized the Designated Senior-Priority Collateral Agent
to file UCC amendments and terminations covering the Collateral so sold, leased, licensed, exchanged, transferred or otherwise disposed of as to UCC financing statements between any Grantor and such Junior-Priority Collateral Agent or any other
Junior-Priority Secured Party with respect to which such Junior-Priority Collateral Agent is acting as Agent to evidence such release and termination; and 

  
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 (iv)    each Junior-Priority Collateral Agent, for itself or
on behalf of the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, shall be deemed to have consented under the Junior-Priority Documents to which such Agent is a party, to such sale,
lease, license, exchange, transfer or other disposition to the same extent as the consent of the Senior-Priority Collateral Agents and the other Senior-Priority Secured Parties. 

(b)    (i) So long as the Discharge of Senior-Priority Debt has not occurred, each Junior-Priority Collateral Agent, for
itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, hereby constitutes and appoints (which appointment is coupled with an interest and is irrevocable) the
Designated Senior-Priority Collateral Agent and any officer or agent of the Designated Senior-Priority Collateral Agent, with full power of substitution, as its true and lawful
attorney-in-fact with full irrevocable power and authority in the place and stead of such Junior-Priority Collateral Agent or such holder or in the Designated
Senior-Priority Collateral Agent’s own name, from time to time in the Designated Senior-Priority Collateral Agent’s discretion, for the purpose of carrying out the terms of this Section 3.5, to take any and all appropriate action and
to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Section 3.5, including any termination statements, endorsements or other instruments of transfer or release. 

(ii)    Nothing contained in this Agreement shall be construed to modify the obligation of any
Senior-Priority Collateral Agent to act in a manner consistent with applicable Law in the exercise of its rights to sell, lease, license, exchange, transfer or otherwise dispose of any Collateral. 

3.6    Insurance and Condemnation Awards. 

(a)    So long as the Discharge of Senior-Priority Debt has not occurred, the Designated Senior-Priority Collateral Agent
and the other Senior-Priority Secured Parties shall have the sole and exclusive right, subject to the rights of Grantors under the Senior-Priority Documents and to the terms of the ABL Intercreditor Agreement, to settle and adjust claims in respect
of Collateral under policies of insurance and to approve any award granted in any condemnation or similar proceeding, or any deed in lieu of condemnation in respect of the Collateral. So long as the Discharge of Senior-Priority Debt has not occurred
(subject, in the case of any ABL Priority Collateral, to the terms of the ABL Intercreditor Agreement), all proceeds of any such policy and any such award, or any payments with respect to a deed in lieu of condemnation, shall (a) first, be
paid to the Designated Senior-Priority Collateral Agent for the benefit of the Senior-Priority Secured Parties to the extent required under the applicable Senior-Priority Documents, (b) second, be paid to the Designated Junior-Priority
Collateral Agent for the benefit of the Junior-Priority Secured Parties to the extent required under the applicable Junior-Priority Documents and (c) third, if no Junior-Priority Debt is outstanding, be paid to the owner of the subject
property or as a court of competent jurisdiction may otherwise direct or as may otherwise be required by applicable Law. Until the Discharge of Senior-Priority Debt, if any Junior-Priority Collateral Agent or any other Junior-Priority Secured Party
shall, at any time, receive any proceeds of any such insurance policy or any such award or payment, it shall pay such proceeds over to the Designated Senior-Priority Collateral Agent in accordance with the terms of Section 4.2. 

  
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 (b)    After the Discharge of Senior-Priority Debt has occurred and so long
as the Discharge of Junior-Priority Debt has not occurred, the Designated Junior-Priority Collateral Agent and the other Junior-Priority Secured Parties shall have the sole and exclusive right, subject to the rights of Grantors under the
Junior-Priority Documents and to the terms of the ABL Intercreditor Agreement and any other then effective intercreditor agreement, to settle and adjust claims in respect of Collateral under policies of insurance and to approve any award granted in
any condemnation or similar proceeding, or any deed in lieu of condemnation in respect of the Collateral. After the Discharge of Senior-Priority Debt has occurred (subject, in the case of any ABL Priority Collateral, to the terms of the ABL
Intercreditor Agreement), but so long as the Discharge of Junior-Priority Debt has not occurred, all proceeds of any such policy and any such award, or any payments with respect to a deed in lieu of condemnation, shall (a) first, be paid to
the Designated Junior-Priority Collateral Agent for the benefit of the Junior-Priority Secured Parties to the extent required under the applicable Junior-Priority Documents and (b) second, if no Junior-Priority Debt is outstanding, be paid to
the owner of the subject property or as a court of competent jurisdiction may otherwise direct or as may otherwise be required by applicable Law. 

Section 4. Payments. 

4.1    Application of Proceeds. 

(a)    So long as the Discharge of Senior-Priority Debt has not occurred, the Collateral or proceeds thereof received in
connection with the sale or other disposition of, or collection on, such Collateral upon the exercise of remedies shall be applied in the following order of priority (subject, in the case of any ABL Priority Collateral, to the terms of the ABL
Intercreditor Agreement): 
 (i)    first, to the Senior-Priority Debt in such order as specified
in the relevant Senior-Priority Documents until the Discharge of Senior-Priority Debt has occurred; and 

(ii)    second, to the Junior-Priority Debt in such order as specified in the relevant
Junior-Priority Documents until the Discharge of Junior-Priority Debt has occurred. 
 (b)    Upon the Discharge of
Senior-Priority Debt, to the extent permitted under applicable Law and subject to the ABL Intercreditor Agreement and without imposing any liability on the Designated Senior-Priority Collateral Agent or any other Senior-Priority Secured Party (with
any right to seek to impose any such liability being hereby expressly waived by each Junior-Priority Collateral Agent on behalf of itself and the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is
acting as Agent), the Designated Senior-Priority Collateral Agent shall deliver to the Designated Junior-Priority Collateral Agent, without recourse, representation or warranty, any proceeds of Collateral held by it at such time in the same form as
received, together with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct, to be applied by the Designated Junior-Priority Collateral Agent to the Junior-Priority Debt in such order as specified in the
Junior-Priority Equal Priority Intercreditor Agreement, if applicable, and/or the other Junior-Priority Documents. 

  
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 (c)    The foregoing provisions of this Agreement are intended solely to
govern the respective lien priorities as between the Junior-Priority Collateral Agents and the Senior-Priority Collateral Agents and shall not impose on any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party any obligations
in respect of the disposition of proceeds of foreclosure on any Collateral which would conflict with prior perfected claims therein in favor of any other Person or any order or decree of any court or other governmental authority or any applicable
Law. 
 4.2    Payments Over. 

(a)    So long as the Discharge of Senior-Priority Debt has not occurred, whether or not any Insolvency or Liquidation
Proceeding has been commenced by or against any Grantor, each Junior-Priority Collateral Agent agrees, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as
Agent, that any Collateral or proceeds thereof or payment with respect thereto received by such Junior-Priority Collateral Agent or any other Junior-Priority Secured Party, with respect to the Collateral, and including in connection with any right
of set-off, insurance policy claim or any condemnation award (or deed in lieu of condemnation), shall be segregated and held in trust and promptly transferred or paid over to the Designated Senior-Priority
Collateral Agent for the benefit of the Senior-Priority Secured Parties in the same form as received, with any necessary endorsements or assignments or as a court of competent jurisdiction may otherwise direct; provided, however, that
this Section 4.2(a) shall not apply to any required payments of interest and principal received by a Junior-Priority Collateral Agent or any other Junior-Priority Secured Party prior to the commencement of any Insolvency or Liquidation
Proceeding so long as such receipt is not the direct or indirect result of the exercise by such Junior-Priority Collateral Agent or any other Junior-Priority Secured Party of foreclosure rights or other remedies as a secured creditor or enforcement
in contravention of this Agreement of any Lien held by any of them or any other act in contravention of this Agreement. The Designated Senior-Priority Collateral Agent is hereby authorized to make any such endorsements or assignments as agent for
the Junior-Priority Collateral Agents. This authorization is coupled with an interest and is irrevocable. 

4.3    Certain Agreements with Respect to Unenforceable Liens. Notwithstanding anything to the contrary contained
herein, if in any Insolvency or Liquidation Proceeding a determination is made that any Lien encumbering any Collateral is not enforceable for any reason, then each Junior-Priority Collateral Agent and each Junior-Priority Secured Party agrees that
any distribution or recovery it may receive with respect to, or allocable to, the value of the assets intended to constitute such Collateral or any proceeds thereof shall (for so long as the Discharge of Senior-Priority Debt has not occurred) be
segregated and held in trust and forthwith paid over to the Designated Senior-Priority Collateral Agent for the benefit of the Senior-Priority Secured Parties in the same form as received without recourse, representation or warranty (other than a
representation of such Junior-Priority Collateral Agent that it has not otherwise sold, assigned, transferred or pledged any right, title or interest in and to such distribution or recovery) but with any necessary endorsements or as a court of
competent jurisdiction may otherwise direct 

  
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until such time as the Discharge of Senior-Priority Debt has occurred. Until the Discharge of Senior-Priority Debt occurs, each Junior-Priority Collateral Agent, for itself and on behalf of each
other Junior-Priority Secured Party with respect to which such Junior-Priority Collateral Agent is acting as Agent, hereby appoints the Designated Senior-Priority Collateral Agent, and any officer or agent of such Designated Senior-Priority
Collateral Agent, with full power of substitution, the attorney-in-fact of each Junior-Priority Secured Party for the limited purpose of carrying out the provisions of
this Section 4.3 and taking any action and executing any instrument that such Designated Senior-Priority Collateral Agent may deem necessary or advisable to accomplish the purposes of this Section 4.3, which appointment is coupled with an
interest and is irrevocable. 
 Section 5. Bailee for Perfection. 

5.1    Each Agent as Bailee. 

(a)    Each Senior-Priority Collateral Agent agrees to hold any Collateral that can be perfected by the possession or
control of such Collateral (or by notation of such Senior-Priority Collateral Agent’s lien, if any, on any certificate of title, if applicable) or of any deposit or securities account in which such Collateral is held, and if such Collateral or
any such deposit or securities account is in fact in the possession or under the control of a Senior-Priority Collateral Agent, or of agents or bailees of such Senior-Priority Collateral Agent (such Collateral being referred to herein as the
“Pledged or Controlled Collateral”) as bailee and agent for and on behalf of the Junior-Priority Collateral Agents, solely for the purpose of perfecting the security interest granted to the Junior-Priority Collateral Agents in such
Pledged or Controlled Collateral (including, but not limited to, any securities or any deposit accounts or securities accounts, if any) pursuant to the Junior-Priority Documents, subject to the terms and conditions of this Section 5. 

(b)    So long as the Discharge of Senior-Priority Debt has not occurred, the Senior-Priority Collateral Agents shall be
entitled to deal with the Pledged or Controlled Collateral in accordance with the terms of this Agreement and the other Senior-Priority Documents as if the Liens on the Collateral securing the Junior-Priority Debt did not exist. The obligations and
responsibilities of the Senior-Priority Collateral Agents to the Junior-Priority Collateral Agents and the other Junior-Priority Secured Parties under this Section 5 shall be limited solely to holding or controlling the Pledged or Controlled
Collateral as bailee in accordance with this Section 5. Without limiting the foregoing, the Senior-Priority Collateral Agents shall have no obligation whatsoever to the Junior-Priority Collateral Agents or any other Junior-Priority Secured
Party to assure that the Pledged or Controlled Collateral is genuine or owned by any of the Grantors or to preserve rights or benefits of any Person, except as expressly set forth in this Section 5. The duty or responsibility of the
Senior-Priority Collateral Agents under this Section 5 shall be limited solely to holding the Pledged or Controlled Collateral as bailee and agent for and on behalf of the Junior-Priority Collateral Agents for purposes of perfecting the Liens
held by the Junior-Priority Collateral Agents. 
 (c)    The Senior-Priority Collateral Agents shall not have, by reason
of the Senior-Priority Documents, the Junior-Priority Documents, this Agreement or any other document, a fiduciary relationship in respect of any other Senior-Priority Secured Party, the Junior-Priority

  
 23 

 
Collateral Agents or any other Junior-Priority Secured Party and shall not have any liability to any other Senior-Priority Secured Party, the Junior-Priority Collateral Agents or any other
Junior-Priority Secured Party in connection with its holding the Pledged or Controlled Collateral; and the Junior-Priority Collateral Agents shall not have, by reason of the Junior-Priority Documents, this Agreement or any other document, a
fiduciary relationship in respect of any other Junior-Priority Secured Party and shall not have any liability to any other Junior-Priority Secured Party in connection with its holding the Pledged or Controlled Collateral. 

(d)    The provisions of this Section 5.1 shall be subject in all respects to Section 5.5 (First Priority Agent
as Gratuitous Bailee for Perfection) of the ABL Intercreditor Agreement, and in the event of any conflict between the provisions of this Section 5.1 and such Section of the ABL Intercreditor Agreement, the provisions of the ABL Intercreditor
Agreement shall govern and control. 
 5.2    Transfer of Pledged or Controlled Collateral. 

(a)    Upon the Discharge of Senior-Priority Debt, to the extent permitted under applicable Law, the Senior-Priority
Collateral Agents shall, together with any necessary endorsements but without recourse, representation or warranty, transfer the possession and control of the Pledged or Controlled Collateral, if any, then in its possession or control to the
Designated Junior-Priority Collateral Agents except in the event and to the extent that (a) any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party has retained or otherwise acquired such Collateral in full or partial
satisfaction of any of the Senior-Priority Debt, (b) such Collateral is sold or otherwise disposed of by any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party or by a Grantor as provided in this Agreement or
(c) it is otherwise required by any order of any court or other Governmental Authority or applicable Law or would result in the risk of liability of any Senior-Priority Secured Party to any third party. The foregoing provision shall not impose
on any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party any obligations which would conflict with prior perfected claims therein in favor of any other Person or any order or decree of any court or other Governmental
Authority or any applicable Law. In connection with any transfer described herein to any Junior-Priority Collateral Agent, as applicable, and upon the Discharge of Senior-Priority Debt (so long as the Discharge of Junior-Priority Debt has not
occurred), each Senior-Priority Collateral Agent agrees to take reasonable actions in its power (with all costs and expenses in connection therewith to be paid by the Borrower) as shall be reasonably requested by any Junior-Priority Collateral Agent
acting at the direction of the requisite number of Junior-Priority Holders with respect to which such Junior-Priority Collateral Agent is acting as Agent in accordance with the applicable Junior-Priority Documents to permit such Junior-Priority
Collateral Agent to obtain, for the benefit of the applicable Junior-Priority Secured Parties, a first priority security interest in the Pledged or Controlled Collateral (subject, in the case of any ABL Priority Collateral, to the terms of the ABL
Intercreditor Agreement and subject to other Liens permitted by the Junior-Priority Documents). 

  
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 Section 6. Insolvency or Liquidation Proceedings. 

6.1    General Applicability; Filing of Motions. 

(a)    This Agreement shall be applicable both before and after the institution of any Insolvency or Liquidation Proceeding
involving the Borrower or any other Grantor, including the filing of any petition by or against the Borrower or any other Grantor under the Bankruptcy Code or under any other Bankruptcy Law and all converted or subsequent cases in respect thereof,
and all references herein to the Borrower or any Grantor shall be deemed to apply to the trustee for the Borrower or such Grantor and the Borrower or such Grantor as
debtor-in-possession. The relative rights of the Senior-Priority Secured Parties and the Junior-Priority Secured Parties in or to any distributions from or in respect of
any Collateral or proceeds of Collateral shall continue after the institution of any Insolvency or Liquidation Proceeding involving the Borrower or any other Grantor, including the filing of any petition by or against the Borrower or any other
Grantor under the Bankruptcy Code or under any other Bankruptcy Law and all converted cases and subsequent cases, on the same basis as prior to the date of such institution, subject to any court order approving the financing of, or use of cash
collateral by, the Borrower or any other Grantor as debtor-in-possession, or any other court order affecting the rights and interests of the parties hereto not in
conflict with this Agreement. This Agreement shall constitute a subordination agreement for the purposes of Section 510(a) of the Bankruptcy Code and shall be enforceable in any Insolvency or Liquidation Proceeding in accordance with its terms.

 (b)    Until the Discharge of Senior-Priority Debt has occurred, each Junior-Priority Collateral Agent agrees on
behalf of itself and the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent that no Junior-Priority Secured Party shall, in or in connection with any Insolvency or Liquidation
Proceeding, file any pleadings or motions, take any position at any hearing or proceeding of any nature, or otherwise take any action whatsoever, in each case in respect of any of the Collateral, including with respect to the determination of any
Liens or claims held by any Senior-Priority Collateral Agent (including the validity and enforceability thereof) or any other Senior-Priority Secured Party or Junior-Priority Secured Party or the value of any claims of such parties under
Section 506(a) of the Bankruptcy Code or otherwise; provided, however, that each Junior-Priority Collateral Agent may (i) file a proof of claim in an Insolvency or Liquidation Proceeding, subject to the limitations contained
in this Agreement and only if consistent with the terms and the limitations on the Junior-Priority Collateral Agents imposed hereby or (ii) take other actions specified in the provisos to Section 3.1(a)(ii) or otherwise with the prior
written consent of the Designated Senior-Priority Collateral Agent, subject to the requisite consent of any bankruptcy court. 

6.2    Bankruptcy Financing. 

(a)    Until the Discharge of Senior-Priority Debt has occurred, if any Grantor shall be subject to any Insolvency or
Liquidation Proceeding and any Senior-Priority Collateral Agent shall desire to permit the use of “cash collateral” (as such term is defined in Section 363(a) of the Bankruptcy Code) which constitutes Collateral securing the
Senior-Priority Debt or to permit any Grantor to obtain financing from the Senior-Priority Secured Parties or any other person under Section 364 of the Bankruptcy Code or any similar Bankruptcy Law (“DIP Financing”), then
(subject to the terms and conditions set forth in Section 6.4(c) of this Agreement) each Junior-Priority Collateral Agent, on behalf of itself and the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent
is acting as Agent, agrees that it will raise no objection to such use of cash collateral or DIP Financing (unless the Designated Senior-Priority Collateral Agent or the Senior-Priority Secured Parties for which such Designated
Senior-

  
 25 

 
Priority Collateral Agent is acting as Agent shall then oppose or object to such DIP Financing) so long as (i) such cash collateral use or DIP Financing is on commercially reasonable terms
and, if required by applicable Law, is approved by the Governmental Authority having jurisdiction over such Insolvency or Liquidation Proceeding and (ii) the DIP Financing does not compel Grantors to seek confirmation of a specific plan of
reorganization for which all or substantially all of the material terms are set forth in the documents for the DIP Financing, except that such DIP Financing may (A) provide that the plan of reorganization require the Discharge of
Senior-Priority Debt and (B) require the Grantors to seek confirmation of a plan acceptable to the Senior-Priority Secured Parties or entities providing the DIP Financing and contain milestones relating to such plan. To the extent that the
Liens securing the Senior-Priority Debt are subordinated to or on an equal priority basis with the Liens securing DIP Financing which meets the requirements of clauses (i) and (ii) above, each Junior-Priority Collateral Agent will subordinate
(and will be deemed to have subordinated) the Liens securing the respective Junior-Priority Debt in the Collateral to the Liens securing such DIP Financing (and all obligations relating thereto and to any
“carve-out” agreed to by the Senior-Priority Collateral Agents or otherwise applicable thereto) and will not request adequate protection or any other relief in connection with its rights as a holder
of Liens on the Collateral (except as expressly agreed by the Senior-Priority Collateral Agents or to the extent otherwise permitted by Section 6.4). 

6.3    Relief from the Automatic Stay. Each Junior-Priority Collateral Agent, for itself and on behalf of the other
Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that, so long as the Discharge of Senior-Priority Debt has not occurred, no Junior-Priority Secured Party shall, without the prior
written consent of the Designated Senior-Priority Collateral Agent (acting at the written direction of the requisite number of Senior-Priority Holders, as determined in accordance with the applicable Senior-Priority Documents) seek or request relief
from or modification of the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of any part of the Collateral, any proceeds thereof or any Lien securing any of the Junior-Priority Debt. Notwithstanding anything to
the contrary set forth in this Agreement, no Grantor waives or shall be deemed to have waived any rights under Section 362 of the Bankruptcy Code. 

6.4    Adequate Protection. 

(a)    Each Junior-Priority Collateral Agent, on behalf of itself and the other Junior-Priority Secured Parties with
respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that none of them shall object to, contest, or support any other Person objecting to or contesting (i) any request by any Senior-Priority Collateral Agent or any
of the other Senior-Priority Secured Parties for adequate protection or any adequate protection provided to any Senior-Priority Collateral Agent or other Senior-Priority Secured Parties, (ii) any objection by any Senior-Priority Collateral
Agent or any of the other Senior-Priority Secured Parties to any motion, relief, action or proceeding based on a claim of a lack of adequate protection or (iii) the payment of interest, fees, expenses or other amounts to any Senior-Priority
Collateral Agent or any other Senior-Priority Secured Party under Section 506(b) or 506(c) of the Bankruptcy Code or otherwise (it being understood and agreed that the value of the Liens on the Collateral held by each Senior-Priority Secured
Party shall be determined without regard to the existence of any Liens held by the Junior-Priority Secured Parties). 

  
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 (b)    So long as each Senior-Priority Collateral Agent and the
Senior-Priority Secured Parties shall have received and shall continue to receive all accrued post-petition interest, fees or expenses with respect to the Senior-Priority Debt, each Junior-Priority Collateral Agent and any Junior-Priority Secured
Party with respect to which such Junior-Priority Collateral Agent is acting as Agent may seek any claim for allowance of post-petition interest, fees or expenses in any Insolvency or Liquidation Proceeding of Junior-Priority Debt (it being
understood and agreed that the value of the Liens on the Collateral held by each Junior-Priority Secured Party shall be determined taking into account the Liens on the Collateral held by the Senior-Priority Secured Parties); provided,
however, that until the Discharge of Senior-Priority Debt, if any Junior-Priority Collateral Agent or any other Junior-Priority Secured Party shall, at any time, receive any post-petition interest arising from any such claim, it shall pay
such post-petition interest over to the Designated Senior-Priority Collateral Agent in accordance with the terms of Section 4.2 hereof. 

(c)    Each Junior-Priority Collateral Agent, on behalf of itself and the other Junior-Priority Secured Parties with
respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that none of them shall seek or accept adequate protection without the prior written consent of the Designated Senior-Priority Collateral Agent (acting at the written
direction of the requisite number of Senior-Priority Holders, as determined in accordance with the applicable Senior-Priority Documents), except that each Junior-Priority Collateral Agent, for itself or on behalf of the other Junior-Priority Secured
Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, shall be permitted (i) to obtain adequate protection in the form of the benefit of additional or replacement Liens on the Collateral, or additional or
replacement collateral to secure the Junior-Priority Debt in connection with any DIP Financing or use of cash collateral as provided for in Section 6.2 hereof, or in connection with any such adequate protection obtained by any Senior-Priority
Collateral Agent and any other Senior-Priority Secured Parties, as long as, in each case, such Senior-Priority Collateral Agent is also granted such additional or replacement Liens or additional or replacement collateral and such Liens of such
Junior-Priority Collateral Agent or any such other Junior-Priority Secured Party are subordinated to the Liens securing the Senior-Priority Debt to the same extent as the Liens of such Junior-Priority Collateral Agent and the other Junior-Priority
Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent on the Collateral are subordinated to the Liens of each applicable Senior-Priority Collateral Agent and each other applicable Senior-Priority Secured
Parties hereunder, (ii) to obtain adequate protection in the form of reports, notices, inspection rights and similar forms of adequate protection to the extent granted to any Senior-Priority Collateral Agent and (iii) to seek and receive,
subject to the provisions of this Agreement, additional adequate protection of its junior interest in the Collateral in the form of a superpriority administrative expense claim, including a claim arising under 11 U.S.C. §507(b);
provided, however, that, (A) any such superpriority administrative expense claim of a Junior-Priority Collateral Agent shall be junior in all respects to any superpriority administrative expense claim granted to any
Senior-Priority Collateral Agent with respect to such Collateral and (B) in the event that a Junior-Priority Collateral Agent, on behalf of itself and other Junior-Priority Secured Parties such Junior-Priority Collateral Agent with respect to
which such Junior-Priority Collateral Agent is acting as Agent, seeks or receives protection of its junior interest in the Collateral and is granted a superpriority administrative expense claim, including a claim arising under 11 U.S.C.
§507(b), then such Junior-Priority Collateral Agent, on behalf of itself and the other Junior-Priority Secured Parties with respect to 

  
 27 

 
which such Junior-Priority Collateral Agent is acting as Agent, agrees that all Senior-Priority Secured Parties shall receive a superpriority administrative expense claim which shall be senior in
all respects to the superpriority administrative expense claim granted to such Junior-Priority Collateral Agent with respect to the Collateral (with the relative priorities of all such superpriority administrative expense claims to be the same as
the Lien priorities set forth in Section 2.1 hereof). 
 6.5    Reorganization Securities. If, in any
Insolvency or Liquidation Proceeding, debt obligations of any reorganized Grantor secured by Liens upon any property of such reorganized Grantor are distributed, pursuant to a plan of reorganization, on account of the Senior-Priority Debt and/or the
Junior-Priority Debt, then, to the extent that the debt obligations distributed on account of the Senior-Priority Debt and/or on account of the Junior-Priority Debt are secured by Liens upon the same assets or property, the provisions of this
Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations. 

6.6    Separate Classes. Each of the parties hereto irrevocably acknowledges and agrees that (a) the claims
and interests of the Senior-Priority Secured Parties and the Junior-Priority Secured Parties are not “substantially similar” within the meaning of Section 1122 of the Bankruptcy Code, or any comparable provision of any other
Bankruptcy Law, (b) the grants of the Liens to secure the Senior-Priority Debt and the grants of the Liens to secure the Junior-Priority Debt constitute two separate and distinct grants of Liens, (c) (i) the rights of the Senior-Priority
Secured Parties in the Collateral are fundamentally different from the Junior-Priority Secured Parties’ rights in the Collateral and (ii) the rights of the Junior-Priority Secured Parties in the Collateral are fundamentally different from
the Senior-Priority Secured Parties’ rights in the Collateral and (d) as a result of the foregoing, among other things, the Senior-Priority Debt and the Junior-Priority Debt must be separately classified in any plan of reorganization
proposed or adopted in any Insolvency or Liquidation Proceeding. 
 6.7    Asset Dispositions. Except as
otherwise set forth below, until the Discharge of Senior-Priority Debt has occurred, each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral
Agent is acting as Agent, agrees that, in the event of any Insolvency or Liquidation Proceeding, the Junior-Priority Secured Parties will not object to or oppose (or support any Person in objecting to or opposing) a motion with respect to any sale,
lease, license, exchange, transfer or other disposition of any Collateral free and clear of the Liens of any Junior-Priority Collateral Agent and the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent
is acting as Agent or other claims under Section 363 of the Bankruptcy Code, or any comparable provision of any Bankruptcy Law and shall be deemed to have consented to any such sale, lease, license, exchange, transfer or other disposition of
any Collateral under Section 363(f) of the Bankruptcy Code that has been consented to by the Designated Senior-Priority Collateral Agent (acting at the written direction of the requisite number of Senior-Priority Holders as determined in
accordance with the applicable Senior-Priority Documents); provided, however, that, (i) the proceeds of such sale, lease, license, exchange, transfer or other disposition of any Collateral shall be applied to the Senior-Priority
Debt or the Junior-Priority Debt in accordance with Section 4.1, or if not so applied, the Liens of such Junior-Priority Collateral Agent in such Collateral shall attach to the proceeds of such disposition subject to the relative

  
 28 

 
priorities set forth in Section 2.1 hereof and (ii) the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent are not deemed to
have waived any rights to credit bid on the Collateral in any such disposition in accordance with Section 363(k) of the Bankruptcy Code, so long as any such credit bid provides for the payment in full in cash of all Senior-Priority Debt. 

6.8    Preference Issues. If any Senior-Priority Secured Party is required in any Insolvency or Liquidation
Proceeding or otherwise to turn over or otherwise pay to the estate of any Grantor any amount (a “Recovery”), then the Senior-Priority Debt previously owing to such Senior-Priority Secured Party shall be reinstated to the extent of
such Recovery and, if theretofore terminated, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the Lien priorities and the relative rights and
obligations of the Senior-Priority Secured Parties and the Junior-Priority Secured Parties provided for herein. 

6.9    Certain Waivers as to Section 1111(b)(2) of the Bankruptcy Code. Each Junior-Priority
Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, waives any claim any such Junior-Priority Secured Party may hereafter have
against any Senior-Priority Secured Party arising out of the election by any Senior-Priority Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code, or any comparable provision of any other Bankruptcy Law. 

6.10    Other Bankruptcy Laws. In the event that an Insolvency or Liquidation Proceeding is filed in a jurisdiction
other than the United States or is governed by any Bankruptcy Law other than the Bankruptcy Code, each reference in this Agreement to a section of the Bankruptcy Code shall be deemed to refer to the substantially similar or corresponding provision
of the Bankruptcy Law applicable to such Insolvency or Liquidation Proceeding, or in the absence of any specific similar or corresponding provision of the Bankruptcy Law, such other general Bankruptcy Law as may be applied in order to achieve
substantially the same result as would be achieved under each applicable section of the Bankruptcy Code. 
 Section 7. Reliance; Waivers, etc.

 7.1    Reliance. The consent by the Senior-Priority Secured Parties to the incurrence of the Junior-Priority
Debt, the execution and delivery of the Junior-Priority Documents and the grant to each Junior-Priority Collateral Agent on behalf of the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent,
of a Lien on the Collateral and all loans, other extensions of credit or other obligations made or deemed made on and after the date hereof by the Senior-Priority Secured Parties to any Grantor shall be deemed to have been given and made in reliance
upon this Agreement. 
 7.2    No Warranties or Liability. Each Senior-Priority Collateral Agent, for itself and
on behalf of the other Senior-Priority Secured Parties with respect to which such Senior-Priority Collateral Agent is acting as Agent and each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties
with respect to which such Junior-Priority Collateral Agent is acting as Agent, acknowledges and agrees that, except for the representations 

  
 29 

 
and warranties set forth in Section 9, none of the parties to this Agreement has made any express or implied representation or warranty, including with respect to the execution, validity,
legality, completeness, collectability or enforceability of any of the Senior-Priority Documents, the Junior-Priority Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon. So long as any Senior-Priority Debt
remains outstanding, each Junior-Priority Collateral Agent, for itself and on behalf of the other Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, agrees that the Senior-Priority Secured
Parties will be entitled to manage and supervise their Senior-Priority Debt under the Senior-Priority Documents in accordance with Law and as they may otherwise, in their sole discretion, deem appropriate, and the Senior-Priority Secured Parties may
manage their Senior-Priority Debt under the Senior-Priority Documents without regard to any rights or interests that any Junior-Priority Collateral Agent or any of the other Junior-Priority Secured Parties have in the Collateral or otherwise, except
as otherwise provided in this Agreement. None of the Senior-Priority Collateral Agents nor any of the other Senior-Priority Secured Parties shall have any express or implied duty to any Junior-Priority Collateral Agents or any of the other
Junior-Priority Secured Parties and neither the Junior-Priority Collateral Agents nor any of the other Junior-Priority Secured Parties shall have any express or implied duty to any Senior-Priority Collateral Agent or any of the other Senior-Priority
Secured Parties to act or refrain from acting in a manner which allows, or results in, the occurrence or continuance of an event of default or a default under any agreements with any Grantor (including the Senior-Priority Documents and the
Junior-Priority Documents), regardless of any knowledge thereof which they may have or be charged with. 
 7.3    No
Waiver of Lien Priorities. 
 (a)    No right of any Senior-Priority Collateral Agent or any of the other
Senior-Priority Secured Parties or any Junior-Priority Collateral Agent or any of the other Junior-Priority Secured Parties to enforce any provision of this Agreement or any of the Senior-Priority Documents or the Junior-Priority Documents shall at
any time in any way be prejudiced or impaired by any act or failure to act on the part of any Grantor or by any act or failure to act by any Senior-Priority Collateral Agent or any other Senior-Priority Secured Party or by any Junior-Priority
Collateral Agent or any other Junior-Priority Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the Senior-Priority Documents or any of the Junior-Priority Documents, regardless
of any knowledge thereof which such Person may have or be otherwise charged with. 
 (b)    Without in any way limiting
the generality of the foregoing paragraph (but subject to the rights of the Grantors under the Senior-Priority Documents), the Senior-Priority Collateral Agents and any of the other Senior-Priority Secured Parties may, at any time and from time to
time, without the consent of, or notice to, the Junior-Priority Collateral Agents or any other Junior-Priority Secured Party, without incurring any liabilities to the Junior-Priority Collateral Agents or any other Junior-Priority Secured Party and
without impairing or releasing the Lien priorities and other benefits provided in this Agreement (even if any right of subrogation or other right or remedy of a Junior-Priority Collateral Agent or any other Junior-Priority Secured Party is affected,
impaired or extinguished thereby), do any one or more of the following: 
 (i)    change the manner,
place or terms of payment or change or extend the time of payment of or amend, renew, exchange, increase or alter the terms of any of the 

  
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Senior-Priority Debt or any Lien on any Collateral or guaranty thereof or any liability of any Grantor, or any liability incurred directly or indirectly in respect thereof (including any increase
in or extension of the Senior-Priority Debt, without any restriction as to the amount, tenor or terms of any such increase or extension) or otherwise amend, renew, exchange, extend, modify or supplement in any manner any Liens held by the
Senior-Priority Collateral Agent or any of the other Senior-Priority Secured Parties, the Senior-Priority Debt or any of the Senior-Priority Documents; 

(ii)    sell, exchange, release, surrender, realize upon, enforce or otherwise deal with in any manner and
in any order any part of the Collateral or any liability of any Grantor to the Senior-Priority Collateral Agent or any of the other Senior-Priority Secured Parties, or any liability incurred directly or indirectly in respect thereof in accordance
with the terms hereof; 
 (iii)    settle or compromise any of the Senior-Priority Debt or any other
liability of any Grantor or any security therefor or any liability incurred directly or indirectly in respect thereof and apply any sums by whomsoever paid and however realized to any liability (including the Senior-Priority Debt) in any manner or
order; and 
 (iv)    exercise or delay in or refrain from exercising any right or remedy against any
Grantor or any other Person, elect any remedy and otherwise deal freely with any Grantor or any Collateral and any security and any guarantor or any liability of any Grantor to any of the Senior-Priority Secured Parties or any liability incurred
directly or indirectly in respect thereof. 
 (c)    Each Junior-Priority Collateral Agent, for itself and on behalf of
the Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, also agrees that each Senior-Priority Collateral Agent and the other Senior-Priority Secured Parties shall have no liability with
respect to any actions which such Senior-Priority Collateral Agent or any of the other Senior-Priority Secured Parties may take or permit or omit to take with respect to (i) the Senior-Priority Documents, (ii) the collection of the
Senior-Priority Debt or (iii) the foreclosure upon, or sale, liquidation or other disposition of, any Collateral. Each Junior-Priority Collateral Agent, for itself and on behalf of the Junior-Priority Secured Parties with respect to which such
Junior-Priority Collateral Agent is acting as Agent, agrees that each Senior-Priority Collateral Agent and the other Senior-Priority Secured Parties have no duty to them in respect of the maintenance or preservation of the Collateral, the
Senior-Priority Debt or otherwise. 
 (d)    Each Junior-Priority Collateral Agent agrees not to assert and hereby
waives, to the fullest extent permitted by Law, any right to demand, request, plead or otherwise assert or otherwise claim the benefit of any marshalling, appraisal, valuation or other similar right that may otherwise be available under applicable
law with respect to the Collateral or any other similar rights a junior secured creditor may have under applicable Law. 

  
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 7.4    Obligations Unconditional. All rights, interests, agreements
and obligations of the Senior-Priority Collateral Agents and the other Senior-Priority Secured Parties and the Junior-Priority Collateral Agents and the other Junior-Priority Secured Parties, respectively, hereunder shall remain in full force and
effect irrespective of: 
 (a)    any lack of validity or enforceability of any Senior-Priority Documents
or any Junior-Priority Documents; 
 (b)    any change in the time, manner or place of payment of, or in
any other terms of, all or any of the Senior-Priority Debt or the Junior-Priority Debt, or any amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, of the terms of the
Senior-Priority Non-ABL Loan Agreement, the 2021 Secured Notes Indenture, the 2023 Secured Notes Indenture, any Additional Senior-Priority Document or any of the other Senior-Priority Documents, of the terms
of any Junior-Priority Secured Notes Indenture, any Additional Junior-Priority Document or any of the other Junior-Priority Documents; 

(c)    any exchange of any security interest in any Collateral or any other collateral, or any amendment,
waiver or other modification, whether in writing or by course of conduct or otherwise, of all or any of the Senior-Priority Debt or the Junior-Priority Debt or any guarantee thereof; 

(d)    the commencement of any Insolvency or Liquidation Proceeding in respect of any Grantor; or 

(e)    any other circumstances which otherwise might constitute a defense available to, or a discharge of,
any Grantor in respect of the Senior-Priority Debt or the Junior-Priority Debt, or of the Senior-Priority Collateral Agents (or any of the other Senior-Priority Secured Parties) or the Junior-Priority Collateral Agents (or any of the other
Junior-Priority Secured Parties) in respect of this Agreement. 
 Section 8. Miscellaneous. 

8.1    Conflicts. In the event of any conflict between the provisions of this Agreement and the provisions of the
Senior-Priority Documents or the Junior-Priority Documents, the provisions of this Agreement shall govern. Solely with respect to any ABL Priority Collateral, in the event of any conflict between the provisions of this Agreement and the ABL
Intercreditor Agreement, the provisions of the ABL Intercreditor Agreement shall govern. 
 8.2    Continuing Nature
of this Agreement; Severability. This Agreement shall continue to be effective until the Discharge of Senior-Priority Debt shall have occurred or the final payment in full in cash of the Junior-Priority Debt and the termination and release by
each Junior-Priority Secured Party of any Liens to secure the Junior-Priority Debt. This is a continuing agreement of lien subordination and the Senior-Priority Secured Parties may continue, at any time and without notice to any Junior-Priority
Collateral Agent or any other Junior-Priority Secured Party, to extend credit and other financial accommodations and lend monies to or for the benefit of any Grantor constituting Senior-Priority Debt in reliance hereon. Each Junior-Priority
Collateral Agent, for itself and on behalf of the Junior-Priority Secured 

  
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Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, hereby waives any right it may have under applicable Law to revoke this Agreement or any of the provisions
of this Agreement. The terms of this Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall not
invalidate the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

8.3    When Discharge of Debt Deemed to Not Have Occurred. 

(a)    If substantially contemporaneously with the Discharge of Senior-Priority Debt, the Borrower Refinances Indebtedness
outstanding under any of the Senior-Priority Documents, then, after written notice to the Junior-Priority Collateral Agents and delivery of an officer’s certificate of the Borrower certifying that such Refinancing is not prohibited by the
Junior-Priority Documents, (a) the Indebtedness and other obligations arising pursuant to such Refinancing of the then outstanding Indebtedness under such Senior-Priority Documents shall automatically be treated as Senior-Priority Debt for all
purposes of this Agreement, including for purposes of the Lien priorities and rights in respect of Collateral set forth herein, (b) each Additional Senior-Priority Document governing or evidencing such new Indebtedness shall automatically be
treated as a Senior-Priority Document for all purposes of this Agreement, (c) the Additional Agent under the Additional Senior-Priority Document shall be deemed to be a Senior-Priority Collateral Agent for all purposes of this Agreement and
(d) the Additional Holders under such Additional Senior-Priority Document shall be deemed to be Senior-Priority Holders for purposes of this Agreement. Upon receipt of written notice of such Refinancing (including the identity of the Additional
Agent) and the delivery of an officer’s certificate of the Borrower certifying that such Refinancing is not prohibited by the Junior-Priority Documents, each Junior-Priority Collateral Agent shall promptly enter into an Intercreditor Agreement
Joinder to provide to the Additional Agent the rights of a Senior-Priority Collateral Agent contemplated hereby and acknowledge that the Additional Holders shall be bound by the terms hereof to the extent applicable to the Senior-Priority Holders.

 (b)    If substantially contemporaneously with the Discharge of Junior-Priority Debt, the Borrower Refinances
Indebtedness outstanding under any of the Junior-Priority Documents, then, after written notice to the Senior-Priority Collateral Agents and delivery of an officer’s certificate of the Borrower certifying that such Refinancing is not prohibited
by the Senior-Priority Documents, (a) the Indebtedness and other obligations arising pursuant to such Refinancing of the then outstanding Indebtedness under such Junior-Priority Documents shall automatically be treated as Junior-Priority Debt
for all purposes of this Agreement, including for purposes of the Lien priorities and rights in respect of Collateral set forth herein, (b) each Additional Junior-Priority Document governing or evidencing such new Indebtedness shall
automatically be treated as a Junior-Priority Document for all purposes of this Agreement, (c) the Additional Agent shall be deemed to be a Junior-Priority Collateral Agent for all purposes of this Agreement and (d) the Additional Holders
under such Additional Junior-Priority Documents shall be deemed to be Junior-Priority Holders for purposes of this Agreement. Upon receipt of written notice of such Refinancing (including the identity of the Additional Agent) and delivery of an
officer’s certificate of the Borrower certifying that such Refinancing is not prohibited by the Senior-Priority Documents, each Senior-Priority Collateral Agent shall promptly enter into 

  
 33 

 
an Intercreditor Agreement Joinder to provide to the Additional Agent the rights of a Junior-Priority Collateral Agent contemplated hereby and acknowledge that the Additional Holders shall be
bound by the terms hereof to the extent applicable to the Junior-Priority Holders. 
 8.4    Legends on
Junior-Priority Documents. 
 (a)    Each Junior-Priority Collateral Agent agrees that each Junior-Priority Document
that is a security agreement, pledge agreement, mortgage or deed of trust shall include the following language (or language to similar effect approved by each Senior-Priority Collateral Agent): 

“Notwithstanding anything herein to the contrary, the lien and security interest granted to the Junior-Priority Collateral Agent pursuant
to this Agreement and the exercise of any right or remedy by the Junior-Priority Collateral Agent hereunder are subject to the provisions of the Senior-Junior Lien Intercreditor Agreement, dated as of June 22, 2018 (as amended, supplemented or
otherwise modified from time to time, the “Intercreditor Agreement”), among Credit Suisse AG, Cayman Islands Branch, in its capacity as Initial Senior-Priority Collateral Agent, Regions Bank, in its capacity as Initial
Junior-Priority Collateral Agent, and CHS/Community Health Systems, Inc. and certain of its affiliates. In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall
govern.” 
 8.5    Amendments; Waivers. 

(a)    No amendment, modification or waiver of any of the provisions of this Agreement by any Senior-Priority Collateral
Agent or any Junior-Priority Collateral Agent shall be deemed to be made unless the same shall be in writing signed on behalf of the party making the same or its authorized agent and each waiver, if any, shall be a waiver only with respect to the
specific instance involved and shall in no way impair the rights of the parties making such waiver or the obligations of the other parties to such party in any other respect or at any other time. The Grantors shall not have any right to consent to
or approve any amendment, modification or waiver of any provision of this Agreement except to the extent that their rights or obligations are directly adversely affected; provided that any amendment, modification or waiver of Section 6.2, this
Section 8.5(a), Section 8.5(b) and any component definitions or references shall be deemed to directly adversely affect the Grantors. 

(b)    Notwithstanding the provisions of Section 8.5(a): 

(i)    The Borrower, without the consent of any Agent or any other party hereto, may determine that a
supplemental agreement (which may take the form of an amendment or supplement or an amendment and restatement of this Agreement) is necessary or appropriate to facilitate having additional secured Indebtedness or other secured obligations
(“Additional Debt”) of the Borrower or any of the other Grantors be treated as Senior-Priority Debt or Junior-Priority Debt, as the case may be, under this 

  
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Agreement, which supplemental agreement shall be in form and substance reasonably satisfactory to the Borrower, the applicable Additional Agent and each other Agent and shall specify whether such
Additional Debt constitutes Senior-Priority Debt or Junior-Priority Debt; provided, however, that (A) the incurrence of such Additional Debt is not prohibited by the Senior Priority Documents and the Junior-Priority Documents, and
such documents do not prohibit such Additional Debt from being secured by Liens on the Collateral with a priority commensurate with Senior-Priority Debt or Junior-Priority Debt hereunder (as applicable), and (B) the terms of such supplemental
agreement will contain terms substantially the same as the terms contained in this Agreement. 

(ii)    Upon the written request of the Borrower and delivery to each Agent of an officer’s
certificate certifying that such Additional Debt is not prohibited by the Senior-Priority Documents or the Junior-Priority Documents, as applicable, the applicable Additional Agent and the other Agents and the Grantors shall enter into an amendment
to this Agreement as described in clause (b)(i) above to (A) facilitate such Additional Debt becoming Senior-Priority Debt or Junior-Priority Debt to the extent that such obligations are not prohibited by the Senior-Priority Documents and the
Junior-Priority Documents, as applicable, with the Lien priority contemplated by this Agreement and (B) include the applicable Additional Agent as a Senior-Priority Collateral Agent or Junior-Priority Collateral Agent, as applicable, under this
Agreement; provided, however, that, in any case, the terms of such amendment shall be consistent with and contain terms substantially the same as the terms contained in this Agreement. 

8.6    Subrogation. 

(a)    Each Junior-Priority Collateral Agent, for itself and on behalf of the Junior-Priority Secured Parties with respect
to which such Junior-Priority Collateral Agent is acting as Agent, hereby waives any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of Senior-Priority Debt has occurred. 

8.7    Security Documents. 

(a)    In the event that any Senior-Priority Collateral Agent enters into any amendment, waiver or consent in respect of
any of the Senior-Priority Security Documents for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any Senior-Priority Security Document or changing in any manner the rights of any
parties thereunder, then such amendment, waiver or consent shall apply automatically to (x) any comparable provision of the Comparable Junior-Priority Security Document without the consent of or action by any Junior-Priority Secured Party (with
all such amendments, waivers and modifications subject to the terms hereof); provided, however, that (i) no such amendment, waiver or consent shall have the effect of removing assets subject to the Lien of any Junior-Priority
Security Document, except to the extent that a release of such Lien is permitted or contemplated by this Agreement, (ii) unless such amendment, waiver or consent affects the Senior-Priority Secured Parties in a like or similar manner to the
effect on the Junior-Priority Secured Parties (other than by virtue of their relative priorities and rights and obligations hereunder), no such amendment, waiver or consent shall apply automatically to the Comparable Junior-Priority Security
Document without the consent of or action by, any Junior-Priority 

  
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Secured Party, if such amendment, waiver or consent materially and adversely affects the rights of the Junior-Priority Holders, (iii) no such amendment, waiver or consent with respect to any
provision applicable to the Agents under the Junior-Priority Documents shall apply automatically to any comparable provision of the Comparable Junior-Priority Security Document, without the prior written consent of such Agents, (iv) notice of
such amendment, waiver or consent shall be given to the Junior-Priority Collateral Agents by the Senior-Priority Collateral Agents on the date of its effectiveness (provided that the failure to give such notice shall not affect the
effectiveness and validity of such amendment, waiver or consent) and (v) a copy of such amendment, waiver or consent shall be given by the Senior-Priority Collateral Agents to the Junior-Priority Collateral Agents. 

8.8    Notices. All notices to the Junior-Priority Secured Parties and the Senior-Priority Secured Parties
permitted or required under this Agreement may be sent to the applicable, Junior-Priority Collateral Agent and Senior-Priority Collateral Agent, respectively. Unless otherwise specifically provided herein, any notice or other communication herein
required or permitted to be given shall be in writing and may be personally served, electronically mailed (PDF transmission only if a signature is required) or sent by courier service, facsimile transmission or U.S. mail and shall be deemed to have
been given when delivered in person or by courier service, upon receipt of a facsimile transmission or electronic mail or four Business Days after deposit in the U.S. mail (registered or certified, with postage prepaid and properly addressed). For
the purposes hereof, the addresses of the parties hereto shall be as set forth below or, as to each party, at such other address as may be designated by such party in a written notice to all of the other parties. 

 

			
	Initial Senior-Priority Collateral Agent:	  	 Credit Suisse AG, Cayman Islands Branch

Eleven Madison Avenue
 New York, NY 10010

Attention: Agency Group
 Facsimile No.: (212)
325-8304

		
	Initial Junior-Priority Collateral Agent:	  	 Regions Bank
 1180 West Peachtree Street

Suite 1200
Atlanta, Georgia 30309
Attention: Kristine Prall
Facsimile: (404) 581-3770

		
	Each Grantor:	  	 CHS/Community Health Systems, Inc.
 4000
Meridian Boulevard
 Franklin, TN 37067-6325
 Attention: General
Counsel
 Facsimile No.: (615) 373-9704

  
 36 

			
	 with a copy to:
	  	 Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, New York 10017

Attention: James D. Cross, Esq.

Facsimile No.: (212) 455-2502

Telephone No.: (212) 455-3386

 8.9    No Waiver by Senior-Priority Secured Parties. Except as expressly provided
in the provisos in Section 3.1(a)(ii), nothing contained herein shall prohibit or in any way limit the Senior-Priority Collateral Agents or any other Senior-Priority Secured Party from opposing, challenging or objecting to, in any Insolvency or
Liquidation Proceeding or otherwise, any action taken, or any claim made, by a Junior-Priority Collateral Agent or any other Junior-Priority Secured Party, including any request by a Junior-Priority Collateral Agent or any other Junior-Priority
Secured Party for adequate protection or any exercise by a Junior-Priority Collateral Agent or any other Junior-Priority Secured Party of any of its rights and remedies under the applicable Junior-Priority Documents or otherwise. 

8.10    Further Assurances. Each of the Junior-Priority Collateral Agents, for itself and on behalf of the other
Junior-Priority Secured Parties with respect to which such Junior-Priority Collateral Agent is acting as Agent, and each Grantor party hereto, for itself and on behalf of its subsidiaries, agrees that it will execute, or will cause to be executed,
any and all further documents, agreements and instruments (in recordable form, if requested, and in form and substance reasonably satisfactory to the Junior-Priority Collateral Agents), and take all such further actions, as may be required under any
applicable Law, or which any Senior-Priority Collateral Agent may reasonably request, to effectuate the terms of this Agreement, including the relative Lien priorities provided for herein. 

Section 9. Representations and Warranties. 

9.1    Representations and Warranties of Each Party. Each party hereto represents and warrants to the other parties
hereto that this Agreement has been duly executed and delivered by such party and constitutes a legal, valid and binding obligation of such party, enforceable in accordance with its terms, except as such enforceability may be limited by Bankruptcy
Laws and by general principles of equity. 
 9.2    Consent to Jurisdiction; Waiver of Jury Trial. EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY CONSENTS TO THE EXCLUSIVE JURISDICTION OF THE SUPREME COURT OF THE STATE OF NEW YORK IN NEW YORK COUNTY AND THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AND WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, TRIAL BY JURY IN ANY ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT
SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE

  
 37 

 
MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.2. EACH OF THE PARTIES HERETO IRREVOCABLY CONSENTS THAT ALL SERVICE OF PROCESS MAY BE MADE BY REGISTERED MAIL DIRECTED TO SUCH PARTY AS
PROVIDED IN SECTION 8.8 HEREOF FOR SUCH PARTY. SERVICE SO MADE SHALL BE DEEMED TO BE COMPLETED THREE (3) DAYS AFTER THE SAME SHALL BE POSTED AS AFORESAID. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS AGREEMENT TO SERVE
PROCESS IN ANY OTHER MANNER PERMITTED BY LAW. EACH OF THE PARTIES HERETO WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION TO ANY ACTION INSTITUTED HEREUNDER BASED ON FORUM NON CONVENIENS, AND ANY OBJECTION TO THE VENUE OF ANY ACTION
INSTITUTED HEREUNDER. 
 9.3    Governing Law. The validity, construction and effect of this Agreement shall be
governed by the internal laws of the State of New York. This Agreement constitutes the entire agreement and understanding among the parties with respect to the subject matter hereof and supersedes any prior agreements, written or oral, with respect
thereto. 
 9.4    Binding on Successors and Assigns. This Agreement shall be binding upon the Senior-Priority
Collateral Agents, the other Senior-Priority Secured Parties, the Junior-Priority Collateral Agents, the other Junior-Priority Secured Parties, the Grantors and their respective permitted successors and assigns. 

9.5    Specific Performance. Each of the Senior-Priority Collateral Agents and the Junior-Priority Collateral
Agents may demand specific performance of this Agreement. Each Junior-Priority Collateral Agent, for itself and on behalf of the Junior-Priority Secured Parties, and each Senior-Priority Collateral Agent, for itself and on behalf of the
Senior-Priority Secured Parties, hereby irrevocably waives any defense based on the adequacy of a remedy at Law and any other defense which might be asserted to bar the remedy of specific performance in any action which may be brought by such
Senior-Priority Collateral Agent or Junior-Priority Collateral Agent, as the case may be. 
 9.6    Section Titles;
Time Periods. The section titles contained in this Agreement are and shall be without substantive meaning or content of any kind whatsoever and are not a part of this Agreement. 

9.7    Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be an original
and all of which shall together constitute one and the same document. Delivery of an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission shall have the same force and effect as the delivery of an
original executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission shall also deliver an original executed counterpart, but the failure to do so
shall not affect the validity, enforceability or binding effect of this Agreement. 
 9.8    Parties in Interest.
This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto and their respective successors and assigns and shall inure to the benefit of all of the Senior-Priority Secured Parties and the
Junior-Priority Secured Parties, all of whom are intended to be bound by, and to be third party beneficiaries of, this Agreement. No other Person shall have or be entitled to assert rights or benefits hereunder. 

  
 38 

 9.9    Provisions Solely to Define Relative Rights. The provisions of
this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior-Priority Secured Parties and the Junior-Priority Secured Parties. None of the Borrower, any other Grantor, any Guarantor or any other creditor
thereof shall have any rights or obligations, except as expressly provided in this Agreement, hereunder and none of the Borrower, any other Grantor or any Guarantor may rely on the terms hereof. The parties hereto hereby acknowledge that each
Junior-Priority Collateral Agent shall be entitled to all of its rights, protections, privileges, indemnities and immunities afforded to it under the Junior-Priority Documents in connection with its execution of this Agreement and performance of its
obligations hereunder. 
 9.10    Initial Senior-Priority Collateral Agent and Initial Junior-Priority Collateral
Agent. It is understood and agreed that (a) the Initial Senior-Priority Collateral Agent is entering into this Agreement in its capacity as (i) Collateral Agent (as defined in the Senior-Priority
Non-ABL Loan Agreement) under the Senior-Priority Non-ABL Loan Agreement and the provisions of Article VIII applicable to the Agents (as defined therein) thereunder
shall also apply to the Initial Senior-Priority Collateral Agent hereunder, (ii) Collateral Agent (as defined in the 2021 Secured Notes Indenture) under the 2021 Secured Notes Indenture and the provisions of Article XII applicable to the
Collateral Agent thereunder shall also apply to the Initial Senior-Priority Collateral Agent hereunder (including, for the avoidance of doubt, Section 12.1 thereof) and (iii) Collateral Agent (as defined in the 2023 Secured Notes
Indenture) under the 2023 Secured Notes Indenture and the provisions of Article XII applicable to the Collateral Agent thereunder shall also apply to the Initial Senior-Priority Collateral Agent hereunder (including, for the avoidance of doubt,
Section 12.1 thereof) and (b) the Initial Junior-Priority Collateral Agent is entering into this Agreement in its capacity as Junior-Priority Collateral Agent (as defined in each Junior-Priority Secured Notes Indenture) under each of the
Junior-Priority Secured Notes Indentures and the provisions of Article XII of each such Junior-Priority Secured Notes Indenture applicable to the Junior-Priority Collateral Agent thereunder shall also apply to the Initial Junior-Priority Collateral
Agent hereunder (including, for the avoidance of doubt, Section 12.1 thereof). 
 9.11    Application of
Proceeds. Any Collateral or proceeds thereof or payment with respect thereto received by the Designated Senior-Priority Collateral Agent in accordance with this Agreement shall be applied by such Agent for the benefit of the Senior-Priority
Secured Parties in accordance with the Senior-Priority Equal Priority Intercreditor Agreement, if applicable, and/or the other Senior-Priority Documents and subject, in the case of ABL Priority Collateral, to the ABL Intercreditor Agreement. Any
Collateral or proceeds thereof or payment with respect thereto received by the Designated Junior-Priority Collateral Agent in accordance with this Agreement shall be applied by such Agent for the benefit of the Junior-Priority Secured Parties in
accordance with the Junior-Priority Equal Priority Intercreditor Agreement, if applicable, and/or the other Junior-Priority Documents and subject, in the case of ABL Priority Collateral, to the ABL Intercreditor Agreement. 

9.12    Additional Grantors. The Borrower will promptly cause each Person that becomes a Grantor to execute and
deliver to each Agent party hereto an acknowledgment to this Agreement substantially in the form of Exhibit A, whereupon such Person will be bound by the 

  
 39 

 
terms hereof to the same extent as if it had executed and delivered this Agreement as of the date hereof. Each of the Senior-Priority Secured Parties, the Junior-Priority Secured Parties and the
Grantors party hereto further agree that, notwithstanding any failure to take the actions required by the immediately preceding sentence, each Person that becomes a Grantor at any time (and any security granted by any such Person) shall be subject
to the provisions hereof as fully as if the same constituted a Grantor party hereto and had complied with the requirements of the immediately preceding sentence. 

[Remainder of this page intentionally left blank] 

  
 40 

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

			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Initial Senior-Priority Collateral Agent,
		
	        By	 	 /s/ Doreen Barr

		 	Name: Doreen Barr
		 	Title: Authorized Signatory
		
	        By	 	 /s/ Lingzi Huang

		 	Name: Lingzi Huang
		 	Title: Authorized Signatory

  

					
	REGIONS BANK, as Initial Junior-Priority Collateral Agent,
		
	        By	 	             /s/ Kristine
Prall

		 	Name:	 	Kristine Prall
		 	Title:	 	Vice President
		
	        By	 	             /s/ Arthur G. Mosley,
II

		 	Name:	 	Arthur G. Mosley, II
		 	Title:	 	Vice President

  

					
	CHS/COMMUNITY HEALTH SYSTEMS, INC.
		
	        By	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

					
	COMMUNITY HEALTH SYSTEMS, INC.
		
	        By	 	             /s/ Edward W.
Lomicka

		 	Name:	 	Edward W. Lomicka
		 	Title:	 	Vice President and Treasurer

  

			
	 ABILENE HOSPITAL, LLC
	  	CHHS HOLDINGS, LLC
		
	 ABILENE MERGER, LLC
	  	CHHS HOSPITAL COMPANY, LLC
		
	 AFFINITY HEALTH SYSTEMS, LLC
	  	CHS PENNSYLVANIA HOLDINGS, LLC
		
	 AFFINITY HOSPITAL, LLC
	  	CHS RECEIVABLES FUNDING, LLC
		
	 BERWICK HOSPITAL COMPANY, LLC
	  	CHS TENNESSEE HOLDINGS, LLC
		
	 BILOXI H.M.A., LLC
	  	CHS VIRGINIA HOLDINGS, LLC
		
	 BIRMINGHAM HOLDINGS II, LLC
	  	CITRUS HMA, LLC
		
	 BIRMINGHAM HOLDINGS, LLC
	  	CLARKSVILLE HOLDINGS II, LLC
		
	 BLUEFIELD HOLDINGS, LLC
	  	CLARKSVILLE HOLDINGS, LLC
		
	 BLUEFIELD HOSPITAL COMPANY, LLC
	  	CLEVELAND HOSPITAL COMPANY, LLC
		
	 BLUFFTON HEALTH SYSTEM LLC
	  	CLEVELAND TENNESSEE HOSPITAL COMPANY, LLC
		
	 BRANDON HMA, LLC
	  	CLINTON HMA, LLC
		
	 BROWNWOOD HOSPITAL, L.P.
	  	COATESVILLE HOSPITAL CORPORATION
		
	 BROWNWOOD MEDICAL CENTER, LLC
	  	COCKE COUNTY HMA, LLC
		
	 BULLHEAD CITY HOSPITAL
CORPORATION
	  	COLLEGE STATION HOSPITAL, L.P.
		
	 BULLHEAD CITY HOSPITAL INVESTMENT
CORPORATION
	  	COLLEGE STATION MEDICAL CENTER, LLC
		
	 CAMPBELL COUNTY HMA, LLC
	  	COLLEGE STATION MERGER, LLC
		
	 CARLSBAD MEDICAL CENTER, LLC
	  	COMMUNITY HEALTH INVESTMENT COMPANY, LLC
		
	 CAROLINAS HOLDINGS, LLC
	  	CP HOSPITAL GP, LLC
		
	 CAROLINAS JV HOLDINGS GENERAL, LLC
	  	CPLP, LLC
		
	 CAROLINAS JV HOLDINGS, L.P.
	  	CRESTWOOD HEALTHCARE, L.P.
		
	 CENTRAL FLORIDA HMA HOLDINGS, LLC
	  	CRESTWOOD HOSPITAL LP, LLC
		
	 CENTRAL STATES HMA HOLDINGS, LLC
	  	CRESTWOOD HOSPITAL, LLC
		
	 CHESTER HMA, LLC
	  	CSMC, LLC
		
	 CHESTNUT HILL HEALTH SYSTEM,
LLC
	  	DEACONESS HOLDINGS, LLC

  

									
		  	By:	  	             /s/ Edward W.
Lomicka
	  	
		  		  	Name:	  	Edward W. Lomicka	  	
		  		  	Title:	  	Vice President and Treasurer	  	

           Acting on behalf of each of the entities set forth
above 

  

			
	DEACONESS HOSPITAL HOLDINGS, LLC	  	HMA-TRI HOLDINGS, LLC
		
	DESERT HOSPITAL HOLDINGS, LLC	  	HOBBS MEDCO, LLC
		
	DETAR HOSPITAL, LLC	  	HOSPITAL MANAGEMENT ASSOCIATES, LLC
		
	DHFW HOLDINGS, LLC	  	HOSPITAL MANAGEMENT SERVICES OF FLORIDA, LP
		
	DUKES HEALTH SYSTEM, LLC	  	HOSPITAL OF MORRISTOWN, LLC
		
	DYERSBURG HOSPITAL COMPANY, LLC	  	JACKSON HMA, LLC
		
	EMPORIA HOSPITAL CORPORATION	  	JACKSON HOSPITAL CORPORATION
		
	FLORIDA HMA HOLDINGS, LLC	  	JEFFERSON COUNTY HMA, LLC
		
	FOLEY HOSPITAL CORPORATION	  	KAY COUNTY HOSPITAL CORPORATION
		
	FORT SMITH HMA, LLC	  	KAY COUNTY OKLAHOMA HOSPITAL COMPANY, LLC
		
	FRANKFORT HEALTH PARTNER, INC.	  	KENNETT HMA, LLC
		
	FRANKLIN HOSPITAL CORPORATION	  	KEY WEST HMA, LLC
		
	GADSDEN REGIONAL MEDICAL CENTER, LLC	  	KIRKSVILLE HOSPITAL COMPANY, LLC
		
	GAFFNEY H.M.A., LLC	  	KNOXVILLE HMA HOLDINGS, LLC
		
	GRANBURY HOSPITAL CORPORATION	  	LAKEWAY HOSPITAL COMPANY, LLC
		
	GRMC HOLDINGS, LLC	  	LANCASTER HOSPITAL CORPORATION
		
	HALLMARK HEALTHCARE COMPANY, LLC	  	LAREDO TEXAS HOSPITAL COMPANY, L.P.
		
	HEALTH MANAGEMENT ASSOCIATES, LLC	  	LAS CRUCES MEDICAL CENTER, LLC
		
	HEALTH MANAGEMENT ASSOCIATES, LP	  	LEA REGIONAL HOSPITAL, LLC
		
	HEALTH MANAGEMENT GENERAL PARTNER I, LLC	  	LEBANON HMA, LLC
		
	HEALTH MANAGEMENT GENERAL PARTNER, LLC	  	LONGVIEW CLINIC OPERATIONS COMPANY, LLC
		
	HMA FENTRESS COUNTY GENERAL HOSPITAL, LLC	  	LONGVIEW MEDICAL CENTER, L.P.
		
	HMA HOSPITALS HOLDINGS, LP	  	LONGVIEW MERGER, LLC
		
	HMA SANTA ROSA MEDICAL CENTER, LLC	  	LRH, LLC
		
	HMA SERVICES GP, LLC	  	LUTHERAN HEALTH NETWORK OF INDIANA, LLC

  

									
		  	By:	  	             /s/ Edward W.
Lomicka
	  	
		  		  	Name:	  	Edward W. Lomicka	  	
		  		  	Title:	  	Vice President and Treasurer	  	

           Acting on behalf of each of the entities set forth
above 

  

			
	MADISON HMA, LLC	  	PHOENIXVILLE HOSPITAL COMPANY, LLC
		
	MARSHALL COUNTY HMA, LLC	  	POPLAR BLUFF REGIONAL MEDICAL CENTER, LLC
		
	MARTIN HOSPITAL COMPANY, LLC	  	PORT CHARLOTTE HMA, LLC
		
	MARY BLACK HEALTH SYSTEM LLC	  	POTTSTOWN HOSPITAL COMPANY, LLC
		
	MCSA, L.L.C.	  	PUNTA GORDA HMA, LLC
		
	MEDICAL CENTER OF BROWNWOOD, LLC	  	QHG GEORGIA HOLDINGS II, LLC
		
	METRO KNOXVILLE HMA, LLC	  	QHG GEORGIA HOLDINGS, INC.
		
	MISSISSIPPI HMA HOLDINGS I, LLC	  	QHG GEORGIA, LP
		
	MISSISSIPPI HMA HOLDINGS II, LLC	  	QHG OF BLUFFTON COMPANY, LLC
		
	MOBERLY HOSPITAL COMPANY, LLC	  	QHG OF CLINTON COUNTY, INC.
		
	NAPLES HMA, LLC	  	QHG OF ENTERPRISE, INC.
		
	NATCHEZ HOSPITAL COMPANY, LLC	  	QHG OF FORREST COUNTY, INC.
		
	NATIONAL HEALTHCARE OF LEESVILLE, INC.	  	QHG OF FORT WAYNE COMPANY, LLC
		
	NAVARRO HOSPITAL, L.P.	  	QHG OF HATTIESBURG, INC.
		
	NAVARRO REGIONAL, LLC	  	QHG OF SOUTH CAROLINA, INC.
		
	NC-DSH, LLC	  	QHG OF SPARTANBURG, INC.
		
	NORTHWEST ARKANSAS HOSPITALS, LLC	  	QHG OF SPRINGDALE, INC.
		
	NORTHWEST HOSPITAL, LLC	  	REGIONAL HOSPITAL OF LONGVIEW, LLC
		
	NOV HOLDINGS, LLC	  	RIVER OAKS HOSPITAL, LLC
		
	NRH, LLC 	  	RIVER REGION MEDICAL CORPORATION
		
	OAK HILL HOSPITAL CORPORATION	  	ROH, LLC 
		
	ORO VALLEY HOSPITAL, LLC	  	ROSWELL HOSPITAL CORPORATION
		
	PALMER-WASILLA HEALTH SYSTEM, LLC	  	RUSTON HOSPITAL CORPORATION
		
	PASCO REGIONAL MEDICAL CENTER, LLC	  	RUSTON LOUISIANA HOSPITAL COMPANY, LLC
		
	PENNSYLVANIA HOSPITAL COMPANY, LLC	  	SACMC, LLC 

  

									
		  	By:	  	             /s/ Edward W.
Lomicka
	  	
		  		  	Name:	  	Edward W. Lomicka	  	
		  		  	Title:	  	Vice President and Treasurer	  	

           Acting on behalf of each of the entities set forth
above 

  

			
	SALEM HOSPITAL CORPORATION	  	TRIAD-ARMC, LLC
		
	SAN ANGELO COMMUNITY MEDICAL CENTER, LLC	  	TRIAD-EL DORADO, INC.
		
	SAN ANGELO MEDICAL, LLC	  	TRIAD-NAVARRO REGIONAL HOSPITAL SUBSIDIARY, LLC
		
	SCRANTON HOLDINGS, LLC	  	TULLAHOMA HMA, LLC
		
	SCRANTON HOSPITAL COMPANY, LLC	  	TUNKHANNOCK HOSPITAL COMPANY, LLC
		
	SCRANTON QUINCY HOLDINGS, LLC	  	VAN BUREN H.M.A., LLC
		
	SCRANTON QUINCY HOSPITAL COMPANY, LLC	  	VENICE HMA, LLC
		
	SEMINOLE HMA, LLC	  	VHC MEDICAL, LLC
		
	SHELBYVILLE HOSPITAL COMPANY, LLC	  	VICKSBURG HEALTHCARE, LLC
		
	SILOAM SPRINGS ARKANSAS HOSPITAL COMPANY, LLC	  	VICTORIA HOSPITAL, LLC
		
	SILOAM SPRINGS HOLDINGS, LLC	  	VICTORIA OF TEXAS, L.P.
		
	SOUTHEAST HMA HOLDINGS, LLC	  	VIRGINIA HOSPITAL COMPANY, LLC
		
	SOUTHERN TEXAS MEDICAL CENTER, LLC	  	WEATHERFORD HOSPITAL CORPORATION
		
	SOUTHWEST FLORIDA HMA HOLDINGS, LLC	  	WEATHERFORD TEXAS HOSPITAL COMPANY, LLC
		
	STATESVILLE HMA, LLC	  	WEBB HOSPITAL CORPORATION
		
	TENNESSEE HMA HOLDINGS, LP	  	WEBB HOSPITAL HOLDINGS, LLC
		
	TENNYSON HOLDINGS, LLC	  	WESLEY HEALTH SYSTEM LLC
		
	TOMBALL TEXAS HOLDINGS, LLC	  	WHMC, LLC 
		
	TOMBALL TEXAS HOSPITAL COMPANY, LLC	  	WILKES-BARRE BEHAVIORAL HOSPITAL COMPANY, LLC 
		
	TRIAD HEALTHCARE, LLC	  	WILKES-BARRE HOLDINGS, LLC
		
	TRIAD HOLDINGS III, LLC	  	WILKES-BARRE HOSPITAL COMPANY, LLC
		
	TRIAD HOLDINGS IV, LLC	  	WOODLAND HEIGHTS MEDICAL CENTER, LLC
		
	TRIAD HOLDINGS V, LLC	  	WOODWARD HEALTH SYSTEM, LLC
		
	TRIAD NEVADA HOLDINGS, LLC	  	
		
	TRIAD OF ALABAMA, LLC	  	

  

									
		  	By:	  	             /s/ Edward W.
Lomicka
	  	
		  		  	Name:	  	Edward W. Lomicka	  	
		  		  	Title:	  	Vice President and Treasurer	  	

           Acting on behalf of each of the entities set forth
above 

  

 Exhibit A 

[FORM OF] 
 SENIOR-JUNIOR
LIEN INTERCREDITOR AGREEMENT JOINDER 
 Reference is made to the Senior-Junior Lien Intercreditor Agreement dated as of June 22,
2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among Credit Suisse AG, Cayman Islands Branch, as Initial Senior-Priority Collateral Agent,
Regions Bank, as Initial Junior-Priority Collateral Agent, CHS/Community Health Systems, Inc., a Delaware corporation, Community Health Systems, Inc., a Delaware corporation, each subsidiary of the Borrower from time to time party thereto and each
Additional Agent from time to time party thereto. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Intercreditor Agreement. 

This Senior-Junior Lien Intercreditor Agreement Joinder, dated as of [●], 20[●] (this “Joinder”), is being
delivered pursuant to requirements of the Intercreditor Agreement. 
 1.    Joinder. The undersigned, [●],
as [a Grantor][an Additional Agent, on behalf of itself and the applicable [Senior-Priority][Junior-Priority] Secured Parties], hereby becomes a party to the Intercreditor Agreement as a [Grantor][Senior-Priority Collateral Agent][Junior-Priority
Collateral Agent] thereunder for all purposes thereof on the terms set forth therein, and to be bound by the terms, conditions and provisions of the Intercreditor Agreement as fully as if the undersigned had executed and delivered the Intercreditor
Agreement as of the date thereof. 
 2.    Agreements. The undersigned [Grantor][Senior-Priority Secured
Party][Junior-Priority Secured Party] hereby agrees, for the enforceable benefit of all existing and future Senior-Priority Secured Parties and Junior-Priority Secured Parties that the undersigned is [(and the [Senior-Priority][Junior-Priority]
Secured Parties represented by it are)] bound by the terms, conditions and provisions of the Intercreditor Agreement to the extent set forth therein. 

3.    Notice Information. The address of the undersigned [Grantor][Senior-Priority Secured
Party][Junior-Priority Secured Party] for purposes of all notices and other communications hereunder and under the Intercreditor Agreement is [●], Attention of [●] (Facsimile No. [●][, electronic mail address: [●]]). 

4.    Counterparts. This Joinder may be executed in two or more counterparts, each of which shall constitute an
original but all of which when taken together shall constitute one contract. Delivery of an executed signature page to this Joinder by facsimile transmission or by email as a “.pdf” or “.tif” attachment shall be as effective as
delivery of a manually signed counterpart of this Joinder. 
 5.    Governing Law. THIS JOINDER SHALL BE GOVERNED
BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 6.    Loan Document. This Joinder
shall constitute a Loan Document, under and as defined in the Senior-Priority Non-ABL Loan Agreement. 

  
 A-1 

 7.    Miscellaneous. The provisions of Section 8 of the
Intercreditor Agreement will apply with like effect to this Joinder. 
 [Signature Pages Follow] 

  
 A-2 

 IN WITNESS WHEREOF, the undersigned has caused this Joinder to be duly executed by its authorized
representative, and each Agent has caused the same to be accepted by its authorized representative, as of the day and year first above written. 
  

			
	[NAME OF [ADDITIONAL SECURED PARTY][GRANTOR]],
as [                    ]
		
	        By:	 	
                     
                    

		 	Name:
		 	Title:

  
 A-3 

 [Acknowledged and Agreed to by: 
  

			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
as Senior-Priority Collateral Agent
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
		
		 	Address: [                    ]
		 	Facsimile: [                    ]

                     ]1 
  
  

	1 	Include if this Joinder is delivered pursuant to Section 8.3(b). 

  
 A-4 

 [Acknowledged and Agreed to by: 
  

			
	[●],
as Junior-Priority Collateral Agent
		
	By:	 	
                     
                    

		 	Name:
		 	Title:
		
		 	Address: [●]
		 	Facsimile: [●]

                     ]2 
  
  

	2 	Include if this Joinder is delivered pursuant to Section 8.3(a). 

  
 A-5

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