Document:

EX-10.1

 Exhibit 10.1 

Execution Copy 
  

 
  

CREDIT AGREEMENT 
 Dated as
of June 4, 2021 
 among 

WELLTOWER INC., 
 as
Borrower, 
 THE LENDERS PARTY HERETO FROM TIME TO TIME 

KEYBANK NATIONAL ASSOCIATION, 

as Administrative Agent and L/C Issuer 

BOFA SECURITIES, INC. and 

JPMORGAN CHASE BANK, N.A., 

as Joint Book Runners 
 BOFA
SECURITIES, INC., 
 JPMORGAN CHASE BANK, N.A., KEYBANC CAPITAL MARKETS INC. and 

WELLS FARGO SECURITIES LLC, 

as U.S. Joint Lead Arrangers 

BOFA SECURITIES, INC., 

JPMORGAN CHASE BANK, N.A., KEYBANC CAPITAL MARKETS INC. and 

RBC CAPITAL MARKETS, 
 as
Canadian Joint Lead Arrangers 
 BANK OF AMERICA, N.A. and 

JPMORGAN CHASE BANK, N.A., 

as Co-Syndication Agents 

WELLS FARGO BANK, N.A., MUFG BANK, LTD., BARCLAYS BANK PLC, CITIBANK, N.A., 

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, 

DEUTSCHE BANK SECURITIES INC., GOLDMAN SACHS BANK USA, 

MIZUHO BANK, LTD., MORGAN STANLEY BANK, N.A., 

PNC BANK, NATIONAL ASSOCIATION and ROYAL BANK OF CANADA, 

as Co-Documentation Agents 

BNP PARIBAS, CAPITAL ONE, NATIONAL ASSOCIATION, CITIZENS BANK, N.A., 

FIFTH THIRD BANK, NATIONAL ASSOCIATION, THE HUNTINGTON NATIONAL BANK, 

REGIONS BANK, THE BANK OF NOVA SCOTIA, 

SUMITOMO MITSUI BANKING CORPORATION, TD BANK, NA, TRUIST BANK and BANK 

OF MONTREAL,  
 as Co-Senior Managing Agents 
 CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, 

as Sustainability Structuring Agent 
  

 
  

 TABLE OF CONTENTS 
  

							
	 	 	 	  	Page	 
		
	 ARTICLE I DEFINITIONS AND ACCOUNTING AND OTHER TERMS
	  	 	1	 
			
	 Section 1.01
	 	 Defined Terms
	  	 	1	 
	 Section 1.02
	 	 Other Interpretive Provisions
	  	 	51	 
	 Section 1.03
	 	 Accounting Terms
	  	 	51	 
	 Section 1.04
	 	 Rounding
	  	 	52	 
	 Section 1.05
	 	 Times of Day
	  	 	52	 
	 Section 1.06
	 	 Exchange Rates; Currency Equivalents
	  	 	52	 
	 Section 1.07
	 	 Additional Alternative Currencies
	  	 	53	 
	 Section 1.08
	 	 Change of Currency
	  	 	54	 
	 Section 1.09
	 	 Letter of Credit Amounts
	  	 	55	 
	 Section 1.10
	 	 Pro Forma Calculations
	  	 	55	 
	 Section 1.11
	 	 Divisions
	  	 	55	 
	 Section 1.12
	 	 LIBOR Notification
	  	 	55	 
		
	 ARTICLE II COMMITMENTS AND CREDIT EXTENSIONS
	  	 	56	 
			
	 Section 2.01
	 	 Loans
	  	 	56	 
	 Section 2.02
	 	 Borrowings, Conversions and Continuations of Loans
	  	 	62	 
	 Section 2.03
	 	 Letters of Credit
	  	 	64	 
	 Section 2.04
	 	 [Intentionally Omitted]
	  	 	72	 
	 Section 2.05
	 	 Prepayments
	  	 	72	 
	 Section 2.06
	 	 Termination or Reduction of Commitments
	  	 	74	 
	 Section 2.07
	 	 Repayment of Loans
	  	 	75	 
	 Section 2.08
	 	 Interest and Default Rate
	  	 	75	 
	 Section 2.09
	 	 Fees
	  	 	76	 
	 Section 2.10
	 	 Computation of Interest and Fees
	  	 	77	 
	 Section 2.11
	 	 Evidence of Debt
	  	 	77	 
	 Section 2.12
	 	 Payments Generally; Administrative Agent’s Clawback
	  	 	78	 
	 Section 2.13
	 	 Sharing of Payments by Lenders
	  	 	80	 
	 Section 2.14
	 	 Cash Collateral
	  	 	82	 
	 Section 2.15
	 	 Defaulting Lenders
	  	 	83	 
	 Section 2.16
	 	 Increase in Revolving Facility
	  	 	85	 
	 Section 2.17
	 	 Incremental U.S. Term Loan Commitments
	  	 	86	 
	 Section 2.18
	 	 Incremental Canadian Term Commitments
	  	 	87	 
	 Section 2.19
	 	 Extension of Maturity Date for Revolving Facility
	  	 	89	 
		
	 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY
	  	 	89	 
			
	 Section 3.01
	 	 Taxes
	  	 	89	 
	 Section 3.02
	 	 Illegality
	  	 	93	 
	 Section 3.03
	 	 Inability to Determine Rates
	  	 	94	 
	 Section 3.04
	 	Increased Costs; Reserves on Eurocurrency Rate Loans and Daily Floating Rate Loans	  	 	94	 

  
 i 

							
	 Section 3.05
	 	 Compensation for Losses
	  	 	96	 
	 Section 3.06
	 	 Mitigation Obligations; Replacement of Lenders
	  	 	97	 
	 Section 3.07
	 	 Benchmark Replacement Setting
	  	 	97	 
	 Section 3.08
	 	 Survival
	  	 	99	 
		
	 ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	  	 	100	 
			
	 Section 4.01
	 	 Conditions of Initial Credit Extension
	  	 	100	 
	 Section 4.02
	 	 Conditions to all Credit Extensions
	  	 	101	 
	 Section 4.03
	 	 Determinations under Sections 4.01 and 4.02
	  	 	102	 
		
	 ARTICLE V REPRESENTATIONS AND WARRANTIES
	  	 	102	 
			
	 Section 5.01
	 	 Organization
	  	 	102	 
	 Section 5.02
	 	 Power, Authority, Consents
	  	 	102	 
	 Section 5.03
	 	 No Violation of Law or Agreements
	  	 	103	 
	 Section 5.04
	 	 Due Execution, Validity, Enforceability
	  	 	103	 
	 Section 5.05
	 	 Title to Properties
	  	 	103	 
	 Section 5.06
	 	 Judgments, Actions, Proceedings
	  	 	103	 
	 Section 5.07
	 	 No Defaults, Compliance with Laws
	  	 	104	 
	 Section 5.08
	 	 Burdensome Documents
	  	 	104	 
	 Section 5.09
	 	 Financial Statements; Projections
	  	 	104	 
	 Section 5.10
	 	 Tax Returns
	  	 	104	 
	 Section 5.11
	 	 Intangible Assets
	  	 	105	 
	 Section 5.12
	 	 Regulation U; Investment Company Act; Affected Financial Institution
	  	 	105	 
	 Section 5.13
	 	 Name Changes, Mergers, Acquisitions
	  	 	105	 
	 Section 5.14
	 	 Full Disclosure
	  	 	105	 
	 Section 5.15
	 	 Licenses and Approvals
	  	 	106	 
	 Section 5.16
	 	 ERISA
	  	 	106	 
	 Section 5.17
	 	 REIT Status
	  	 	106	 
	 Section 5.18
	 	 Sanctions; Anti-Corruption
	  	 	106	 
	 Section 5.19
	 	 Solvency
	  	 	107	 
	 Section 5.20
	 	 Beneficial Ownership
	  	 	107	 
		
	 ARTICLE VI AFFIRMATIVE COVENANTS
	  	 	107	 
			
	 Section 6.01
	 	 Financial Statements
	  	 	107	 
	 Section 6.02
	 	 Books and Records
	  	 	110	 
	 Section 6.03
	 	 Inspections and Audits
	  	 	110	 
	 Section 6.04
	 	 Maintenance and Repairs
	  	 	111	 
	 Section 6.05
	 	 Continuance of Business
	  	 	111	 
	 Section 6.06
	 	 Copies of Corporate Documents
	  	 	111	 
	 Section 6.07
	 	 Perform Obligations
	  	 	111	 
	 Section 6.08
	 	 Notice of Litigation
	  	 	111	 
	 Section 6.09
	 	 Financial Covenants
	  	 	111	 
	 Section 6.10
	 	 Insurance
	  	 	112	 

  
 ii 

							
	 Section 6.11
	 	 Notice of Certain Events
	  	 	112	 
	 Section 6.12
	 	 Comply with ERISA
	  	 	113	 
	 Section 6.13
	 	 Environmental Compliance
	  	 	113	 
	 Section 6.14
	 	 Maintenance of REIT Status;
	  	 	113	 
		 	 Listing on National Securities Exchange
	  	 	113	 
	 Section 6.15
	 	 Anti-Corruption Laws and Sanctions
	  	 	113	 
	 Section 6.16
	 	 Use of Proceeds
	  	 	114	 
		
	 ARTICLE VII NEGATIVE COVENANTS
	  	 	114	 
			
	 Section 7.01
	 	 Indebtedness
	  	 	114	 
	 Section 7.02
	 	 Liens
	  	 	114	 
	 Section 7.03
	 	 Intentionally Omitted
	  	 	116	 
	 Section 7.04
	 	 Mergers, Acquisitions
	  	 	116	 
	 Section 7.05
	 	 Distributions
	  	 	116	 
	 Section 7.06
	 	 Changes in Structure
	  	 	116	 
	 Section 7.07
	 	 Disposition of Assets
	  	 	117	 
	 Section 7.08
	 	 Investments
	  	 	117	 
	 Section 7.09
	 	 Fiscal Year
	  	 	117	 
	 Section 7.10
	 	 ERISA Obligations
	  	 	117	 
	 Section 7.11
	 	 Sanctions, Anti-Corruption; Use of Proceeds
	  	 	117	 
	 Section 7.12
	 	 Transactions with Affiliates
	  	 	117	 
	 Section 7.13
	 	 Hazardous Material
	  	 	118	 
		
	 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES
	  	 	118	 
			
	 Section 8.01
	 	 Events of Default
	  	 	118	 
	 Section 8.02
	 	 Remedies upon Event of Default
	  	 	121	 
	 Section 8.03
	 	 Application of Funds
	  	 	122	 
		
	 ARTICLE IX ADMINISTRATIVE AGENT
	  	 	123	 
			
	 Section 9.01
	 	 Appointment and Authority
	  	 	123	 
	 Section 9.02
	 	 Rights as a Lender
	  	 	123	 
	 Section 9.03
	 	 Exculpatory Provisions
	  	 	123	 
	 Section 9.04
	 	 Reliance by Administrative Agent
	  	 	124	 
	 Section 9.05
	 	 Delegation of Duties
	  	 	125	 
	 Section 9.06
	 	 Resignation of Administrative Agent
	  	 	125	 
	 Section 9.07
	 	 Non-Reliance on Administrative Agent and Other
Lenders
	  	 	126	 
	 Section 9.08
	 	 No Other Duties, Etc.
	  	 	127	 
	 Section 9.09
	 	 Administrative Agent May File Proofs of Claim
	  	 	127	 
	 Section 9.10
	 	 Erroneous Payments
	  	 	127	 
	 Section 9.11
	 	 Certain ERISA Matters
	  	 	130	 
		
	 ARTICLE X MISCELLANEOUS
	  	 	131	 
			
	 Section 10.01
	 	 Amendments, Etc.
	  	 	131	 
	 Section 10.02
	 	 Notices; Effectiveness; Electronic Communications
	  	 	133	 

  
 iii 

							
	 Section 10.03
	 	 No Waiver; Cumulative Remedies; Enforcement
	  	 	135	 
	 Section 10.04
	 	 Expenses; Indemnity; Damage Waiver
	  	 	135	 
	 Section 10.05
	 	 Payments Set Aside
	  	 	137	 
	 Section 10.06
	 	 Successors and Assigns
	  	 	138	 
	 Section 10.07
	 	 Treatment of Certain Information; Confidentiality
	  	 	142	 
	 Section 10.08
	 	 Right of Setoff
	  	 	143	 
	 Section 10.09
	 	 Interest Rate Limitation
	  	 	144	 
	 Section 10.10
	 	 Counterparts; Integration; Effectiveness
	  	 	144	 
	 Section 10.11
	 	 Survival of Representations and Warranties
	  	 	145	 
	 Section 10.12
	 	 Severability
	  	 	145	 
	 Section 10.13
	 	 Replacement of Lenders
	  	 	145	 
	 Section 10.14
	 	 Governing Law; Jurisdiction; Etc.
	  	 	146	 
	 Section 10.15
	 	 Waiver of Jury Trial
	  	 	147	 
	 Section 10.16
	 	 No Advisory or Fiduciary Responsibility
	  	 	147	 
	 Section 10.17
	 	 Electronic Execution of Assignments and Certain Other Documents
	  	 	148	 
	 Section 10.18
	 	 Automatic Alternative Currency Conversion
	  	 	148	 
	 Section 10.19
	 	 Judgment Currency
	  	 	149	 
	 Section 10.20
	 	 USA PATRIOT Act Notice
	  	 	149	 
	 Section 10.21
	 	 Acknowledgement and Consent to
	  	 	149	 
		 	 Bail-In of Affected Financial Institutions
	  	 	149	 
	 Section 10.22
	 	 Acknowledgement Regarding Any Supported QFCs
	  	 	150	 
	 Section 10.23
	 	 Termination of Existing Credit Agreement
	  	 	151	 

 SCHEDULES 
  

			
	 Schedule 1.01(a)
	 	 Certain Addresses for Notices

	 Schedule 1.01(b)
	 	 Initial Commitments and Applicable Percentages

	 Schedule 1.01(c)
	 	 Existing Letters of Credit

	 Schedule 5.02
	 	 Consents, Waivers, Approvals; Violation of Agreements

	 Schedule 5.06
	 	 Judgments, Actions, Proceedings

	 Schedule 5.07
	 	 Defaults; Compliance with Laws, Regulations, Agreements

	 Schedule 5.08
	 	 Burdensome Documents

	 Schedule 5.16
	 	 Employee Benefit Plans

 EXHIBITS 
  

			
	 Exhibit A
	 	 Form of Administrative Questionnaire

	 Exhibit B
	 	 Form of Assignment and Assumption

	 Exhibit C
	 	 Form of Compliance Certificate

	 Exhibit D
	 	 Form of Loan Notice

	 Exhibit E-1
	 	 Form of Bid Loan Quote Request

	 Exhibit E-2
	 	 Form of Bid Loan Quote

	 Exhibit F-1
	 	 Form of Revolving A Note

	 Exhibit F-2
	 	 Form of Revolving B Note

	 Exhibit F-3
	 	 Form of Bid Loan Note

	 Exhibit F-4
	 	 Form of U.S. Term Note

	 Exhibit F-5
	 	 Form of Canadian Term Note

  
 iv 

			
	Exhibit G	 	Form of Officer’s Certificate
	Exhibit H-1	 	 Form of U.S. Tax Compliance Certificate
 (For
Foreign Lenders That Are Not Partnerships for U.S. Federal Income Tax Purposes)

	Exhibit H-2	 	 Form of U.S. Tax Compliance Certificate
 (For
Foreign Participants That Are Not Partnerships for U.S. Federal Income Tax Purposes)

	Exhibit H-3	 	 Form of U.S. Tax Compliance Certificate
 (For
Foreign Lenders That Are Partnerships for U.S. Federal Income Tax Purposes)

	Exhibit H-4	 	 Form of U.S. Tax Compliance Certificate
 (For
Foreign Participants That Are Partnerships for U.S. Federal Income Tax Purposes)

	Exhibit I	 	Form of Funding Indemnity Letter
	Exhibit J	 	Form of Sustainability Metric Annual Certificate
	Exhibit K	 	Form of Solvency Certificate

  
 v 

 CREDIT AGREEMENT 

This CREDIT AGREEMENT is entered into as of June 4, 2021, among: 

WELLTOWER INC., a Delaware corporation (the “Borrower”); 

Each Lender from time to time party hereto (individually, a “Lender” and collectively, the
“Lenders”); and 
 KEYBANK NATIONAL ASSOCIATION, a national banking association, as Administrative
Agent. 
 PRELIMINARY STATEMENTS: 

WHEREAS, the Borrower has requested that the Lenders and the L/C Issuer provide revolving credit and term loan
facilities and other financial accommodations to the Borrower for the purposes set forth herein; and 
 WHEREAS, the
Lenders and the L/C Issuer have agreed to provide such revolving credit and term loan facilities and such other financial accommodations to the Borrower on the terms and subject to the conditions set forth herein. 

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto covenant
and agree as follows: 
 ARTICLE I 

DEFINITIONS AND ACCOUNTING AND OTHER TERMS 

Section 1.01    Defined Terms. 

As used in this Agreement, the following terms shall have the meanings set forth below: 

“2020 Term Loan Agreement” means that certain Credit Agreement, dated as of April 1, 2020, (as it may be
amended, supplemented or otherwise modified from time to time) among the Borrower, the lenders from time to time party thereto and KeyBank National Association, as administrative agent. 

“Absolute Rate” has the meaning assigned to such term in Section 2.01(c)(ii)(C). 

“Act” has the meaning assigned to such term in Section 10.20. 

“Administrative Agent” means KeyBank National Association in its capacity as administrative agent under any
of the Loan Documents, or any successor administrative agent. 
 “Administrative Agent’s Office”
means, with respect to any currency, the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 1.01(a) with respect to such currency, or such other address or account with respect to such currency as the
Administrative Agent may from time to time notify to the Borrower and the Lenders. 

 “Administrative Questionnaire” means an Administrative
Questionnaire in substantially the form of Exhibit A or any other form approved by the Administrative Agent. 

“Affected Financial Institution” means (a) any EEA Financial Institution or (b) any UK Financial
Institution. 
 “Affiliate” means, with respect to a specified Person, another Person that directly, or
indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Aggregate Commitments” means the Commitments of all the Lenders. 

“Agreement” means this Credit Agreement. 

“Agreement Currency” has the meaning assigned to such term in Section 10.19. 

“Alternative Currency” means each of Australian Dollars, Canadian Dollars, Euro, Sterling, Swiss Francs, Yen
and Dollars and each other currency (other than Dollars) that is approved in accordance with Section 1.07. 

“Alternative Currency Equivalent” means, at any time, with respect to any amount denominated in Dollars, the
equivalent amount thereof in the applicable Alternative Currency as reasonably determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent
Revaluation Date) for the purchase of such Alternative Currency with Dollars. 
 “Alternative Currency Tranche L/C
Exposure” means, at any time, (i) the aggregate undrawn amount of all outstanding Alternative Currency Tranche Letters of Credit at such time and (ii) the aggregate amount of all L/C Disbursements in respect of Alternative
Currency Tranche Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Alternative Currency Tranche L/C Exposure of any Revolving Lender at any time shall be its Applicable Alternative Currency Tranche
Percentage of the total Alternative Currency Tranche L/C Exposure at such time. 
 “Alternative Currency Tranche
Letter of Credit” means a Letter of Credit denominated in an Alternative Currency. 
 “Alternative Currency
Tranche Revolving A Borrowing” means a borrowing consisting of simultaneous Alternative Currency Tranche Revolving A Loans of the same Type, in the same currency and having the same Interest Period made by each of the Alternative Currency
Tranche Revolving A Lenders pursuant to Section 2.01(b)(i)(B). 
 “Alternative Currency Tranche Revolving A
Commitment” means, as to each Alternative Currency Tranche Revolving A Lender, its obligation to make Alternative Currency Tranche Revolving A Loans to the Borrower pursuant to Section 2.01(b)(i)(B) in an aggregate principal amount at
any one time outstanding the Dollar Equivalent of which does not exceed the Dollar amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Alternative Currency Tranche Revolving A Commitment” or opposite
such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount 

  
 2 

 
may be adjusted from time to time in accordance with this Agreement. The aggregate Alternative Currency Tranche Revolving A Commitments of all of the Alternative Currency Tranche Revolving A
Lenders on the Closing Date shall be $750,000,000. 
 “Alternative Currency Tranche Revolving A Exposure”
means, as to any Alternative Currency Tranche Revolving A Lender at any time, (i) the Outstanding Amount at such time of such Lender’s Alternative Currency Tranche Revolving A Loans plus (ii) the Outstanding Amount of such
Lender’s participation in L/C Obligations with respect to Alternative Currency Tranche Letters of Credit, in each case, at such time. 

“Alternative Currency Tranche Revolving A Lender” means, at any time, (a) so long as any Alternative
Currency Tranche Revolving A Commitment is in effect, any Lender that has an Alternative Currency Tranche Revolving A Commitment at such time or (b) if the Alternative Currency Tranche Revolving A Commitments have terminated or expired, any
Lender that has an Alternative Currency Tranche Revolving A Loan at such time. 
 “Alternative Currency Tranche
Revolving A Loan” has the meaning assigned to such term in Section 2.01(b)(i)(B). 
 “Alternative
Currency Tranche Revolving B Borrowing” means a borrowing consisting of simultaneous Alternative Currency Tranche Revolving B Loans of the same Type, in the same currency and having the same Interest Period made by each of the Alternative
Currency Tranche Revolving B Lenders pursuant to Section 2.01(b)(ii)(B). 
 “Alternative Currency Tranche
Revolving B Commitment” means, as to each Alternative Currency Tranche Revolving B Lender, its obligation to make Alternative Currency Tranche Revolving B Loans to the Borrower pursuant to Section 2.01(b)(ii)(B) in an aggregate
principal amount at any one time outstanding the Dollar Equivalent of which does not exceed the Dollar amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “Alternative Currency Tranche Revolving B
Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount
of the Alternative Currency Tranche Revolving B Commitments of all of the Alternative Currency Tranche Revolving B Lenders on the Closing Date shall be $250,000,000. 

“Alternative Currency Tranche Revolving B Exposure” means, as to any Alternative Currency Tranche Revolving B
Lender at any time, (i) the Outstanding Amount at such time of such Lender’s Alternative Currency Tranche Revolving B Loans plus (ii) the Outstanding Amount of such Lender’s participation in L/C Obligations with respect to
Alternative Currency Tranche Letters of Credit, in each case, at such time. 
 “Alternative Currency Tranche
Revolving B Lender” means, at any time, (a) so long as any Alternative Currency Tranche Revolving B Commitment is in effect, any Lender that has an Alternative Currency Tranche Revolving B Commitment at such time or (b) if the
Alternative Currency Tranche Revolving B Commitments have terminated or expired, any Lender that has an Alternative Currency Tranche Revolving B Loan at such time. 

“Alternative Currency Tranche Revolving B Loan” has the meaning assigned to such term in
Section 2.01(b)(ii)(B). 

  
 3 

 “Alternative Currency Tranche Revolving Borrowing” means an
Alternative Currency Tranche Revolving A Borrowing or an Alternative Currency Tranche Revolving B Borrowing. 

“Alternative Currency Tranche Revolving Commitment” means an Alternative Currency Tranche Revolving A
Commitment or an Alternative Currency Tranche Revolving B Commitment. The aggregate amount of the Alternative Currency Tranche Revolving Commitments of all of the Alternative Currency Tranche Revolving Lenders on the Closing Date shall be
$1,000,000,000. 
 “Alternative Currency Tranche Revolving Exposure” means an Alternative Currency Tranche
Revolving A Exposure and/or an Alternative Currency Tranche Revolving B Exposure, as the context may require. 

“Alternative Currency Tranche Revolving Lender” means an Alternative Currency Tranche Revolving A Lender or
an Alternative Currency Tranche Revolving B Lender. 
 “Alternative Currency Tranche Revolving Loan” means
an Alternative Currency Tranche Revolving A Loan or an Alternative Currency Tranche Revolving B Loan. 

“Anti-Corruption Laws” means all laws, rules and regulations of any jurisdiction applicable to the Borrower
or its Subsidiaries from time to time concerning or relating to bribery or corruption, including without limitation, the United States Foreign Corrupt Practices Act of 1977 and the UK Bribery Act 2010. 

“Applicable Alternative Currency Tranche Percentage” means with respect to any Alternative Currency Tranche
Revolving Lender at any time, such Alternative Currency Tranche Revolving Lender’s Applicable Percentage in respect of the Alternative Currency Tranche Revolving Commitments of all Alternative Currency Tranche Revolving Lenders at such time.

 “Applicable Law” means, as to any Person, all applicable Laws binding upon such Person or to which such
a Person is subject. 
 “Applicable Percentage” means (a) in respect of the U.S. Term Facility, with
respect to any U.S. Term Lender at any time, the percentage (carried out to the twelfth decimal place) of the U.S. Term Facility represented by (i) on or prior to the Closing Date, such U.S. Term Lender’s U.S. Term Commitment at such time
and (ii) thereafter, the outstanding principal amount of such U.S. Term Lender’s U.S. Term Loans at such time; (b) in respect of the Canadian Term Facility, with respect to any Canadian Term Lender at any time, the percentage (carried
out to the twelfth decimal place) of the Canadian Term Facility represented by (i) on or prior to the Closing Date, such Canadian Term Lender’s Canadian Term Commitment at such time and (ii) thereafter, the outstanding principal
amount of such Canadian Term Lender’s Canadian Term Loans at such time; (c) in respect of the Revolving Facility, with respect to any Revolving Lender at any time, the percentage (carried out to the twelfth decimal place) of the Revolving
Facility represented by such Revolving Lender’s Revolving Commitment at such time, subject to adjustment as provided in Section 2.15; (d) in respect of the U.S. Tranche Revolving Commitments, with respect to any U.S. Tranche Revolving
Lender at any time, the percentage (carried out to the twelfth decimal place) of the U.S. Tranche Revolving Commitments of all U.S. Tranche Revolving Lenders represented by such U.S. Tranche Revolving Lender’s Revolving Commitment at such time
and (e) in respect of the Alternative Currency Tranche Revolving Commitments, with respect to any Alternative 

  
 4 

 
Currency Tranche Revolving Lender at any time, the percentage (carried out to the twelfth decimal place) of the Alternative Currency Tranche Revolving Commitments of all Alternative Currency
Tranche Revolving Lenders represented by such Alternative Currency Tranche Revolving Lender’s Revolving Commitment at such time. If the Commitments of all of the Lenders to make Loans and the obligation of the L/C Issuer to make L/C Credit
Extensions have been terminated pursuant to Section 8.02, or if the Commitments have expired, then the Applicable Percentage of each Lender in respect of the applicable Facility shall be determined based on the Applicable Percentage of such
Lender in respect of such Facility most recently in effect, giving effect to any subsequent assignments. The Applicable Percentage of each Lender in respect of each Facility is initially as set forth opposite the name of such Lender on Schedule
1.01(b) or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto or in any documentation executed by such Lender pursuant to Section 2.16, as applicable. 

“Applicable Rate” means, for any day, the rate per annum set forth below opposite the applicable Level then
in effect (corresponding to the Rating of the Borrower in effect from time to time as shown below), it being understood that the Applicable Rate for (a) Revolving Loans that are Eurocurrency Rate Loans, Daily Floating Rate Loans or RFR Loans
shall be the percentage set forth under the columns “Revolving Loans” and “Eurocurrency Rate”, “LIBOR Daily Floating Rate” and “Daily Simple RFR”, (b) Revolving Loans that are Base Rate Loans shall be the
percentage set forth under the columns “Revolving Loans” and “Base Rate”, (c) that portion of any Term Loan comprised of Eurocurrency Rate Loans or RFR Loans shall be the percentage set forth under the columns “Term
Loan” and “Eurocurrency Rate” and “Daily Simple RFR”, (d) that portion of the U.S. Term Loan comprised of Base Rate Loans shall be the percentage set forth under the columns “Term Loan” and “Base Rate”,
(e) [intentionally omitted], (f) the Letter of Credit Fee shall be the percentage set forth under the column “Letter of Credit Fee” and (g) the Facility Fee shall be the percentage set forth under the column “Facility Fee”.

  

													
	 Applicable
Rate
  

	Level	  	
Revolving Loans
  
	  	 Term
Loans
  
	  	
Letter of

Credit Fee
	  	
Facility

Fee

	  	  

Eurocurrency

Rate, LIBOR

Daily Floating

Rate and

Daily Simple

RFR
	  	  

Base Rate1
	  	  

Eurocurrency
 Rate
and
 Daily Simple

RFR
	  	  

Base
 Rate2

	 Level 1

 
 3 A from S&P or Fitch
 or

3 A2 from Moody’s
	  	0.700%	  	0.000%	  	0.800%	  	0.000%	  	0. 700%	  	0.100%
	 Level 2

 
 A- from S&P or Fitch
 or

A3 from Moody’s
	  	0.725%	  	0.000%	  	0.850%	  	0.000%	  	0. 725%	  	0.125%

  
  

 

	1 	 Revolving Loans denominated in Dollars. 

	2 	 U.S. Term Loans only. 

  
 5 

													
	 Applicable
Rate
  

	Level	  	
Revolving Loans
  
	  	 Term
Loans
  
	  	
Letter of

Credit Fee
	  	
Facility

Fee

	  	  

Eurocurrency

Rate, LIBOR

Daily Floating

Rate and

Daily Simple

RFR
	  	  

Base Rate1
	  	  

Eurocurrency
 Rate
and
 Daily Simple

RFR
	  	  

Base
 Rate2

	 Level 3

 

BBB+ from S&P or Fitch

or

Baa1 from Moody’s
	  	0.775%	  	0.000%	  	0.900%	  	0.000%	  	0. 775%	  	0.150%
	 Level 4

 
 BBB from S&P or
Fitch
 or

Baa2 from Moody’s
	  	0.850%	  	0.000%	  	1.000%	  	0.000%	  	0.850%	  	0.200%
	 Level 5

 
 BBB- from S&P or Fitch
 or

Baa3 from Moody’s
	  	1.050%	  	0.050%	  	1.250%	  	0.250%	  	1.050%	  	0.250%
	 Level 6

 
 <BBB- from S&P or Fitch
 or

Baa3 from Moody’s

or

unrated from S&P, Fitch or Moody’s
	  	1.400%	  	0.400%	  	1.650%	  	0.650%	  	1.400%	  	0.300%

 For purposes of the foregoing: (a)(i) at any time when the Borrower has Ratings from only two (2) Ratings
Agencies, if the Ratings established by such Ratings Agencies shall fall within different levels and (A) the difference between such Ratings is one ratings category (e.g. Baa2 by Moody’s and BBB- by
S&P or Fitch) the Applicable Rate shall be based upon the higher of the two Ratings, or (B) the difference between such Ratings is two ratings categories (e.g. Baa1 by Moody’s and BBB- by S&P
or Fitch) or more, the median of the applicable Ratings shall apply and (ii) at any time when the Borrower has Ratings from all three (3) Ratings Agencies, if the Ratings established by such Ratings Agencies shall fall within different
levels and (A) the difference between the highest and the lowest such Ratings is one ratings category (e.g. Baa2 by Moody’s and BBB- by S&P or Fitch), the highest of such Ratings shall apply, or
(B) the difference between such Ratings is two ratings categories (e.g. Baa1 by Moody’s and BBB- by S&P or Fitch) or more, the average of the two (2) highest Ratings shall apply,
provided that if such average is not a recognized rating category, then the second highest Rating of the three shall apply; and (b) if any Rating shall be changed (other than as a result of a change in the rating system of the applicable
Ratings Agency), such change shall be effective as of the date on which it is first announced by the Ratings Agency making such change. Each such change in the Applicable Rate shall apply to all outstanding Eurocurrency Rate Loans, RFR Loans, Daily
Floating Rate Loans, Base Rate Loans and Letters 

  
 6 

 
of Credit during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such change. The Borrower shall notify the
Administrative Agent in writing immediately upon any change in its Ratings. If the rating system of any Ratings Agency shall change, the parties hereto shall negotiate in good faith to amend the references to specific ratings in this definition to
reflect such changed rating system. 
 Notwithstanding the foregoing, with respect to any fiscal year ending on or after
December 31, 2021, if the Borrower delivers to the Administrative Agent a Sustainability Metric Annual Certificate that certifies that the Sustainability Metric for the fiscal year covered by such Sustainability Metric Annual Certificate
was equal to or less than the Sustainability Metric Election Threshold for such fiscal year, the Applicable Rate for Revolving Loans and Letters of Credit shall be determined using the below pricing grid (the “Sustainability Metric Pricing
Grid”), for the period commencing on the fifth (5th) Business Day following the date such Sustainability Metric Annual Certificate is delivered to the Administrative Agent by the Borrower until the earlier to occur of (i) the date that
is one (1) year after the date the Sustainability Metric Pricing Grid became effective in connection with the delivery of the applicable Sustainability Metric Annual Certificate and (ii) the delivery by the Borrower of the Sustainability
Metric Annual Certificate for the following fiscal year, which Sustainability Metric Annual Certificate indicates that the Borrower (A) did not satisfy the Sustainability Metric for such following fiscal year or (B) does not elect to apply
the reduction in the Applicable Rate with respect to the Sustainability Metric (it being agreed that the Borrower may deliver a Sustainability Metric Annual Certificate electing to apply the reduction in the Applicable Rate for Revolving Loans and
Letters of Credit at any time during a fiscal year immediately following any fiscal year in which it has met the Sustainability Metric Election Threshold for such immediately preceding fiscal year). The Administrative Agent may rely upon any
certification of the Sustainability Metric delivered by the Borrower without any responsibility to verify the accuracy thereof. If, as a result of (A) the agreement by the Borrower, the Administrative Agent and the Revolving Lenders that the
Sustainability Metric for any fiscal year as reported on any Sustainability Metric Annual Certificate was inaccurate or (B) the Borrower, the Administrative Agent or the Revolving Lenders becoming aware of any material inaccuracy in the
Sustainability Metric for any fiscal year as reported on any Sustainability Metric Annual Certificate (and, in the case of the Administrative Agent or the Revolving Lenders becoming aware thereof, written notice thereof has been delivered to the
Borrower setting forth in reasonable detail the basis for such determination) and, in each case, the Borrower made an election to apply the Sustainability Metric Pricing Grid pursuant to such Sustainability Metric Annual Certificate and a proper
calculation of the Sustainability Metric for such fiscal year would not have resulted in any adjustment to the Applicable Rate for Revolving Loans and Letters of Credit pursuant to the Sustainability Metric Pricing Grid for the relevant period
covered by such election, then the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Revolving Lenders or L/C Issuers, as the case may be, promptly (and in any event,
within five (5) Business Days) following written demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States,
immediately, automatically and without further action by the Administrative Agent, any Revolving Lender or any L/C Issuer), an amount equal to the excess of the amount of interest and Letter of Credit Fees that should have been paid for such period
(or relevant portion thereof then elapsed in respect of which payments of interest and/or Letter of Credit Fees were previously made) over the amount of interest and Letter of Credit Fees actually paid for such period (or relevant portion thereof).
Notwithstanding anything to the contrary herein, unless such amounts shall be due upon the 

  
 7 

 
occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States, (i) any additional amounts required to be paid
pursuant to the immediately preceding sentence shall not be due and payable until a written demand is made for such payment by the Administrative Agent, (ii) any nonpayment of such additional amounts prior to or upon such demand for payment by
Administrative Agent shall not constitute a Default or Event of Default (whether retroactively or otherwise), and (iii) none of such additional amounts shall be deemed overdue prior to such a demand or shall accrue interest at the Default Rate
prior to such a demand. 
  

									
	 Sustainability
Metric Pricing Grid
  

	Level	  	
Revolving Loans
  
	  	Letter of Credit Fee	  	Facility Fee
	  	  

Eurocurrency

Rate, LIBOR

Daily Floating

Rate and Daily

Simple RFR
	  	  

Base Rate3

	 Level 1

 
 3 A from S&P or Fitch
 or

3 A2 from Moody’s
	  	0.690%	  	0.000%	  	0.690%	  	0.100%
	 Level 2

 
 A- from S&P or Fitch
 or

A3 from Moody’s
	  	0.715%	  	0.000%	  	0.715%	  	0.125%
	 Level 3

 
 BBB+ from S&P
or Fitch
 or

Baa1 from Moody’s
	  	0.765%	  	0.000%	  	0.765%	  	0.150%
	 Level 4

 
 BBB from S&P or
Fitch
 or

Baa2 from Moody’s
	  	0.840%	  	0.000%	  	0.840%	  	0.200%
	 Level 5

 
 BBB- from S&P or Fitch
 or

Baa3 from Moody’s
	  	1.040%	  	0.040%	  	1.040%	  	0.250%
	 Level 6

 
 <BBB- from S&P or Fitch
 or

Baa3 from Moody’s

or

unrated from S&P, Fitch or Moody’s
	  	1.390%	  	0.390%	  	1.390%	  	0.300%

  
  

 

	3 	 Revolving Loans denominated in Dollars. 

  
 8 

 “Applicable Revolving Percentage” means, with respect to
any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time. 

“Applicable Time” means, with respect to any borrowings and payments in any Alternative Currency, the local
time in the place of settlement for such Alternative Currency as may be determined by the Administrative Agent or the L/C Issuer, as the case may be, to be necessary for timely settlement on the relevant date in accordance with normal banking
procedures in the place of payment. 
 “Applicable U.S. Tranche Percentage” means, with respect to any U.S.
Tranche Revolving Lender at any time, such U.S. Tranche Revolving Lender’s Applicable Percentage in respect of the U.S. Tranche Revolving Commitments of all U.S. Tranche Revolving Lenders at such time. 

“Appropriate Lender” means, at any time, (a) with respect to any Facility, a Lender that has a
Commitment with respect to such Facility or holds a Loan under such Facility at such time, and (b) with respect to the Letter of Credit Sublimit, (i) the L/C Issuer and (ii) if any Letters of Credit have been issued pursuant to
Section 2.03, the U.S. Tranche Revolving Lenders and the Alternative Currency Tranche Revolving Lenders, as applicable 

“Approved Currency” means each of Dollars and each Alternative Currency. 

“Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of
a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 

“Arrangers” means (x) BofA Securities, Inc. and JPMorgan Chase Bank, N.A., each in its capacity as joint
book runners, (y) BofA Securities, Inc., JPMorgan Chase Bank, N.A., KeyBanc Capital Markets Inc. and Wells Fargo Securities LLC, each in its capacity as U.S. joint lead arrangers and (z) BofA Securities, Inc., JPMorgan Chase Bank, N.A.,
KeyBanc Capital Markets Inc. and RBC Capital Markets4, each in its capacity as Canadian joint lead arrangers. 

“Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible
Assignee (with the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit B or any other form (including an electronic
documentation form generated by MarkitClear or another electronic platform) approved by the Administrative Agent. 

“Attributable Indebtedness” means, on any date, (a) in respect of any Capital Lease of any Person, the
capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease Obligation, the capitalized amount of the remaining lease payments under
the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a Capital Lease. 
  

 
 4 RBC Capital Markets is the brand name for the capital markets activities of Royal Bank of Canada and its affiliates. 

  
 9 

 “Australian Dollars” or “AUD” means the
lawful currency of the Commonwealth of Australia. 
 “Automatic Alternative Currency Conversion Date” means
any date on which the Automatic Alternative Currency Conversion Trigger shall have occurred. 
 “Automatic
Alternative Currency Conversion Trigger” means either (a) an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States shall have occurred or (b) the Commitments
shall have been terminated prior to the Maturity Date and/or the Loans shall have been declared immediately due and payable, in either case pursuant to Article VIII. 

“Availability Period” means (a) in respect of the U.S. Tranche Revolving A Commitments, the period from
and including the Closing Date to the earliest of (i) the Maturity Date for the Revolving A Facility, (ii) the date of termination of the U.S. Tranche Revolving A Commitments pursuant to Section 2.06 and (iii) the date of
termination of the Commitment of each U.S. Tranche Revolving A Lender to make Revolving A Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02 (b) in respect of the Alternative Currency Tranche
Revolving A Commitments, the period from and including the Closing Date to the earliest of (i) the Maturity Date for the Revolving A Facility, (ii) the date of termination of the Alternative Currency Tranche Revolving A Commitments
pursuant to Section 2.06 and (iii) the date of termination of the Commitment of each Alternative Currency Tranche Revolving A Lender to make Alternative Currency Tranche Revolving A Loans and of the obligation of the L/C Issuer to make L/C
Credit Extensions pursuant to Section 8.02, (c) in respect of the U.S. Tranche Revolving B Commitments, the period from and including the Closing Date to the earliest of (i) the Maturity Date for the Revolving B Facility,
(ii) the date of termination of the U.S. Tranche Revolving B Commitments pursuant to Section 2.06 and (iii) the date of termination of the Commitment of each U.S. Tranche Revolving B Lender to make Revolving B Loans and of the
obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02 and (d) in respect of the Alternative Currency Tranche Revolving B Commitments, the period from and including the Closing Date to the earliest of
(i) the Maturity Date for the Revolving B Facility, (ii) the date of termination of the Alternative Currency Tranche Revolving B Commitments pursuant to Section 2.06 and (iii) the date of termination of the Commitment of each
Alternative Currency Tranche Revolving B Lender to make Alternative Currency Tranche Revolving B Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02. 

“Available Tenor” means, as of any date of determination and with respect to the then-current Benchmark, as
applicable, (x) if the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period or (y) otherwise, any payment period for interest calculated with reference
to such Benchmark, as applicable, pursuant to this Agreement as of such date. 

“Bail-In Action” means the exercise of any Write-Down and Conversion
Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution. 
 “Bail-In Legislation” means (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the
implementing law, regulation rule or requirement for such EEA Member Country from 

  
 10 

 
time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom
Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates
(other than through liquidation, administration or other insolvency proceedings). 
 “Base Rate” means for
any day a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the rate of interest in effect for such day as publicly announced from time to time by KeyBank National Association as its “prime
rate,” and (c) the Eurocurrency Rate plus 1.00%. The “prime rate” is a rate set by KeyBank National Association based upon various factors including KeyBank National Association’s costs and desired return, general economic
conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such prime rate announced by KeyBank National Association shall take effect at the
opening of business on the day specified in the public announcement of such change; provided, that if the Base Rate is less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 

“Base Rate Loan” means a U.S. Tranche Revolving Loan or a U.S. Term Loan that bears interest based on the
Base Rate. All Base Rate Loans shall be denominated in Dollars. 
 “Basel III” means the
“International Convergence of Capital Measurement and Capital Standards, a Revised Framework” published by the Basel Committee on Banking Supervision in June 2004 in the form existing on the Closing Date. 

“Benchmark” means, initially, each Relevant Rate; provided that if a replacement for the Benchmark has
occurred pursuant to Section 3.07, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate. Any reference to “Benchmark” shall include,
as applicable, the published component used in the calculation thereof. 
 “Benchmark Replacement” means,
for any Available Tenor: 
 (1)        for purposes of clause (a) of
Section 3.07, the first alternative for Loans denominated in the applicable Alternative Currency set forth below that can be determined by the Administrative Agent for the applicable Benchmark; provided, that, with respect to any Loan
denominated in any other Alternative Currency, “Benchmark Replacement” shall mean the alternative set forth in clause (2) below: 

(a)        in the case of Loans denominated in US Dollars, 

(x)        the sum of: (i) Term SOFR and (ii) 0.11448% (11.448 basis points) for
an Available Tenor of one-month’s duration, 0.26161% (26.161 basis points) for an Available Tenor of three-months’ duration, and 0.42826% (42.826 basis points) for an Available Tenor of six-months’ duration; or 
 (y)        the
sum of: (i) Daily Simple SOFR and (ii) the spread adjustment for an Available Tenor of three-month’s duration (0.26161% (26.161 basis points)); and 

  
 11 

 (b)        in the case of any Loan
denominated in Yen, 
 (x)        the sum of (i) Term TONA and (ii) the
related Benchmark Replacement Adjustment; or 
 (y)        the sum of
(i) Daily Simple TONA and (ii) the related Benchmark Replacement Adjustment; 

(2)        for purposes of clause (b) of Section 3.07 and for any other
Alternative Currency including Euro, Sterling, and Swiss Francs, the sum of: (a) the alternate benchmark rate selected by the Administrative Agent and the Borrower as the replacement for the relevant then-current Benchmark for the applicable
Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant Governmental Body or (ii) any evolving or then-prevailing
market convention for determining a benchmark rate as a replacement for the relevant then-current Benchmark for syndicated credit facilities denominated in the applicable Alternative Currency at such time and (b) the related Benchmark
Replacement Adjustment; 
 provided that, if the Benchmark Replacement as determined pursuant to clause (1) or (2) above would
be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for all purposes of this Agreement and the other Loan Documents. 

“Benchmark Replacement Adjustment” means, with respect to any replacement of a then-current Benchmark with an
Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement: 

(1)        for purposes of sub-clause
(b) clause (1) of the definition of “Benchmark Replacement,” the first alternative set forth in the order below that can be determined by the Administrative Agent: 

(a)        the spread adjustment, or method for calculating or determining such
spread adjustment, (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended by the Relevant Governmental Body for the
replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable Corresponding Tenor; 

(b)        the spread adjustment (which may be a positive or negative value or zero)
as of the Reference Time such Benchmark Replacement is first set for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective upon an index cessation event with respect
to such Benchmark for the applicable Corresponding Tenor; and 
 (2)        for
purposes of clause (2) of the definition of “Benchmark Replacement”, the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by
the Administrative Agent and the Borrower for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the
replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body and/or (ii) any evolving or then-

  
 12 

 
prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable
Unadjusted Benchmark Replacement for syndicated credit facilities denominated in the applicable Alternative Currency at such time; 

provided that, in the case of clause (1) above, such adjustment is displayed on a screen or other information service that
publishes such Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion. 

“Benchmark Replacement Conforming Changes” means, with respect to any Benchmark Replacement, any technical,
administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making
payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational
matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with
market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark
Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents). 

“Benchmark Transition Event” means, with respect to any then-current Benchmark (other than LIBOR), the
occurrence of a public statement or publication of information by or on behalf of the administrator of the then-current Benchmark, the regulatory supervisor for the administrator of such Benchmark, the Board of Governors of the Federal Reserve
System, the Federal Reserve Bank of New York, an insolvency official with jurisdiction over the administrator for such Benchmark, a resolution authority with jurisdiction over the administrator for such Benchmark or a court or an entity with similar
insolvency or resolution authority over the administrator for such Benchmark, announcing or stating that (a) such administrator has ceased or will cease on a specified date to provide all Available Tenors of such Benchmark, permanently or
indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark or (b) all Available Tenors of such Benchmark are or will
no longer be representative of the underlying market and economic reality that such Benchmark is intended to measure and that representativeness will not be restored. 

“Beneficial Ownership Certification” means a certification regarding beneficial ownership as required by the
Beneficial Ownership Regulation. 
 “Beneficial Ownership Regulation” means 31 C.F.R. § 1010.230. 

“Benefit Plan” means any of (a) an “employee benefit plan” (as defined in ERISA) that is
subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or
Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”. 

  
 13 

 “BHC Act Affiliate” of a party means an
“affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. 

“Bid Loan” has the meaning assigned to such term in Section 2.01(c)(i). 

“Bid Loan Borrowing” has the meaning assigned to such term in Section 2.01(c)(i). 

“Bid Loan Note” means a Bid Loan Note made by the Borrower, in substantially the form of Exhibit F-3, payable to the order of a Lender, evidencing the obligation of the Borrower to repay the Bid Loans made by such Lender, and includes any Bid Loan Note issued in exchange or substitution therefor. 

“Bid Loan Quote” has the meaning assigned to such term in Section 2.01(c)(ii). 

“Bid Loan Quote Request” has the meaning assigned to such term in Section 2.01(c)(ii). 

“Bid Loan Sublimit” means an amount equal to fifty percent (50%) of the aggregate Revolving Commitments. The
Bid Loan Sublimit is part of, and not in addition to, the Revolving Facility. 
 “Borrower” has the meaning
assigned to such term in the introductory paragraph hereto. 
 “Borrower Materials” has the meaning
assigned to such term in Section 6.01. 
 “Borrowing” means a Revolving Borrowing, a Bid Loan
Borrowing or a Term Borrowing, as the context may require. 
 “Business Day” means any day other than
Saturday, Sunday or any other day on which commercial banks in Cleveland, Ohio, or New York, New York are authorized or required by law to close; provided that, when used in connection with SOFR, the component of the Base Rate based upon SOFR
or any other calculation or determination involving SOFR, the term “Business Day” means any such day that is also a U.S. Government Securities Business Day and: 

(a)        if such day relates to any interest rate settings as to a Eurocurrency Rate
Loan denominated in Dollars or a Daily Floating Rate Loan, any fundings, disbursements, settlements and payments in Dollars in respect of any such Eurocurrency Rate Loan or Daily Floating Rate Loan, or any other dealings in Dollars to be carried out
pursuant to this Agreement in respect of any such Eurocurrency Rate Loan or Daily Floating Rate Loan, means any such day that is also a London Banking Day; 

(b)        if such day relates to any interest rate settings as to a Eurocurrency Rate
Loan denominated in Euro, any fundings, disbursements, settlements and payments in Euro in respect of any such Eurocurrency Rate Loan, or any other dealings in Euro to be carried out pursuant to this Agreement in respect of any such Eurocurrency
Rate Loan, means a TARGET Day; 
 (c)        if such day relates to any interest
rate settings as to a Eurocurrency Rate Loan denominated in a currency other than Dollars or Euro, means any such day on which dealings in deposits in the relevant currency are conducted by and between banks in the London or other applicable
offshore interbank market for such currency; and 

  
 14 

 (d)        if such day relates to
any fundings, disbursements, settlements and payments in a currency other than Dollars or Euro in respect of a Eurocurrency Rate Loan denominated in a currency other than Dollars or Euro, or any other dealings in any currency other than Dollars or
Euro to be carried out pursuant to this Agreement in respect of any such Eurocurrency Rate Loan (other than any interest rate settings), means any such day on which banks are open for foreign exchange business in the principal financial center of
the country of such currency; and 
 (e) if such day relates to any interest rate settings as to RFR Loans and any interest
rate settings, fundings, disbursements, settlements or payments of any such RFR Loan, or any other dealings in the applicable Approved Currency of such RFR Loan, any such day that is only an RFR Business Day. 

“Canadian Dollars” and “CAD” mean the lawful currency of Canada. 

“Canadian Term Borrowing” means a borrowing consisting of simultaneous Canadian Term Loans of the same Type
and having the same Interest Period made by each of the Canadian Term Lenders pursuant to Section 2.01(a)(ii). 

“Canadian Term Commitment” means, as to each Canadian Term Lender, its obligation to make a Canadian Term
Loan to the Borrower pursuant to Section 2.01(a)(ii) in an aggregate principal amount equal to the amount set forth opposite such Canadian Term Lender’s name on Schedule 1.01(b) under the caption “Canadian Term Commitment” or
opposite such caption in the Assignment and Assumption pursuant to which such Canadian Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The Canadian Term
Commitment of all of the Canadian Term Lenders on the Closing Date shall be CAD 250,000,000. 
 “Canadian Term
Facility” means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Canadian Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Canadian Term Loans of all Canadian
Term Lenders outstanding at such time. 
 “Canadian Term Lender” means (a) at any time on or prior to
the Closing Date, any Lender that has a Canadian Term Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Canadian Term Loans at such time. 

“Canadian Term Loan” has the meaning assigned to such term in Section 2.01(a)(ii). 

“Canadian Term Note” means a promissory note made by the Borrower in favor of a Canadian Term Lender,
evidencing Canadian Term Loans made by such Canadian Term Lender, substantially in the form of Exhibit F-5. 

“Capital Lease(s)” means all leases that have been or should be, in accordance with GAAP, recorded as capital
leases. 
 “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent,
for the benefit of the L/C Issuer or the Lenders, as collateral for L/C Obligations, the Obligations, or obligations of the Revolving Lenders to fund participations in respect of L/C Obligations, (a) cash or deposit account balances,
(b) backstop letters of credit entered into on terms, 

  
 15 

 
from issuers and in amounts satisfactory to the Administrative Agent and the L/C Issuer and/or (c) if the Administrative Agent and the L/C Issuer shall agree, in their sole discretion, other
credit support, in each case, in Dollars and pursuant to documentation in form and substance satisfactory to the Administrative Agent and the L/C Issuer. “Cash Collateral” shall have a meaning correlative to the foregoing and shall
include the proceeds of such Cash Collateral and other credit support. 
 “Change in Law” means the
occurrence, after the Closing Date, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation,
implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that,
notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith or in the implementation thereof
and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory
authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted, issued or implemented. 

“Closing Date” means the date hereof. 

“Code” means the Internal Revenue Code of 1986 and the rules and regulations promulgated thereunder. 

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

“Compliance Certificate” means a certificate substantially in the form of
Exhibit C. 
 “Connection Income Taxes” means Other Connection Taxes that are
imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 

“Consolidated” means, when used with reference to financial statements or financial statement items of the
Borrower and its Subsidiaries or any other Person, such statements or items on a consolidated basis in accordance with the consolidation principles of GAAP. 

“Consolidated EBITDA” means EBITDA of the Borrower and its Subsidiaries on a Consolidated basis. 

“Consolidated Fixed Charges” means, for any period, with respect to the Borrower and its Subsidiaries on a
Consolidated basis, the sum of, without duplication, (a) Consolidated Interest Expense, plus (b) Scheduled Principal Payments, plus (c) cash dividends and distributions in respect of preferred stock (but excluding redemption payments
or charges in connection with the redemption of preferred stock) of the Borrower and its Subsidiaries, in each case determined in accordance with GAAP; but excluding, in any event, (i) gains and losses from unwinding or break-funding of Swap
Contracts, (ii) write-offs of unamortized deferred financing fees, (iii) prepayment fees, premiums and penalties, and (iv) other unusual or non-recurring items as are reasonably acceptable to
the Administrative Agent and the Required Lenders. 

  
 16 

 “Consolidated Interest Expense” means Interest Expense of
the Borrower and its Subsidiaries on a Consolidated basis. 
 “Consolidated Tangible Net Worth” means, on
any date, the sum of total equity minus Intangible Assets plus accumulated depreciation and amortization and redeemable noncontrolling interests, as all such amounts would appear on a Consolidated balance sheet of the Borrower and its Subsidiaries
prepared as of such date in accordance with GAAP consistently applied. 
 “Consolidated Total Asset Value”
means Total Asset Value of the Borrower and its Subsidiaries on a Consolidated basis; provided that, for purposes of calculating the Leverage Ratio, Consolidated Total Asset Value shall not include the aggregate amount of unrestricted cash
and cash equivalents netted against Indebtedness of the Borrower and its Subsidiaries maturing in the immediately succeeding 24 months. 

“Consolidated Total Indebtedness” means Indebtedness of the Borrower and its Subsidiaries on a Consolidated
basis (net of unrestricted cash and cash equivalents up to an amount not to exceed the aggregate amount of Indebtedness of the Borrower and its Subsidiaries maturing in the immediately succeeding 24 months); provided that Consolidated Total
Indebtedness shall not include security deposits, accrued liabilities or prepaid rent, each as defined in accordance with GAAP. Notwithstanding anything to the contrary set forth herein, until the earlier of (a) the consummation of each
Significant Acquisition and (b) the date on which the acquisition agreement with respect to such Significant Acquisition terminates or expires, any Indebtedness incurred by the Borrower to finance such Significant Acquisition shall be
disregarded for the purpose of determining compliance with Sections 6.09(a) and (d) to the extent that, and so long as, (i) either (x) the cash proceeds of such Indebtedness are held in escrow on customary terms or (y) such
Indebtedness is subject to customary special mandatory redemption option in the event such Significant Acquisition is not consummated, and the cash proceeds of such Indebtedness are held by the Borrower as unrestricted cash or cash equivalents and
(ii) the cash proceeds of such Indebtedness is not otherwise deducted in calculating Consolidated Total Indebtedness. 

“Consolidated Unencumbered Asset Value” means Unencumbered Asset Value of the Borrower and its Subsidiaries
on a Consolidated basis. 
 “Construction Investments” means financing extended by the Borrower or any of
its Subsidiaries with respect to a Health Care Facility that is under construction i.e., has not received a certificate of occupancy and the Borrower conditions for conversion to permanent financing for the Health Care Facility have not been
satisfied. 
 “Continuing Directors” means, during any twenty-four (24) month period, individuals who,
as of the beginning of such period, constitute the Board of Directors of the Borrower. For this purpose, any person who is nominated for election as a member of such Board of Directors after the date of this Agreement shall also be considered a
“Continuing Director” if, and only if, his or her nomination for election to such Board of Directors is approved or recommended by a majority of the members of such Board of Directors (or of the relevant nominating committee) and at least
five (5) members of such Board of Directors are themselves Continuing Directors at the time of such nomination. 

  
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 “Control” means the possession, directly or indirectly, of
the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings
correlative thereto. 
 “Corresponding Tenor” with respect to any Available Tenor means, as applicable,
either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. 

“Covered Entity” means any of the following: (a) a “covered entity” as that term is defined
in, and interpreted in accordance with, 12 C.F.R. § 252.82(b); (b) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or (c) a “covered FSI” as that term is
defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b). 
 “Covered Party” has the
meaning assigned to such term in Section 10.22. 
 “Credit Extension” means each of the following:
(a) a Borrowing and (b) an L/C Credit Extension. 
 “Daily Floating Rate Loan” means a Loan that
bears interest at a rate based on the LIBOR Daily Floating Rate. All Daily Floating Rate Loans shall be denominated in Dollars. 

“Daily Simple RFR” means, for any day (an “RFR
Interest Day”), an interest rate per annum equal to the greater of (a) for any RFR Loan denominated in (i) Sterling, the sum of (x) SONIA for the day that is five RFR Business Days prior to (A) if such RFR Interest Day
is an RFR Business Day, such RFR Interest Day or (B) if such RFR Interest Day is not an RFR Business Day, the RFR Business Day immediately preceding such RFR Interest Day, plus (y) 0.0326% (3.260 basis points)5, and (ii) Swiss Francs, SARON for the day that is five RFR Business Days prior to (A) if such RFR Interest Day is an RFR Business Day, such RFR Interest Day or (B) if such RFR Interest
Day is not an RFR Business Day, the RFR Business Day immediately preceding such RFR Interest Day and (b) the Floor. 

Any change in Daily Simple RFR due to a change in the applicable RFR shall be effective from and including the effective date
of such change in the RFR without notice to the Borrower.  

“Daily Simple SARON” means, for any day, SARON, with the conventions for this rate (which may include a
lookback) being established by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple SARON” for business loans; provided
that, if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion. 

“Daily Simple SOFR” means, for any day, SOFR, with the conventions for this rate (which will include a
lookback) being established by the Administrative Agent in accordance with the conventions for this rate recommended by the Relevant Governmental Body for determining “Daily Simple SOFR” for syndicated business loans; provided, that
if the Administrative Agent 
  
  

5 Spread adjustment for an Available Tenor of one-month’s duration. 

  
 18 

 
decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion. 

“Daily Simple SONIA” means, for any day, SONIA, with the conventions for this rate (which will include a
lookback) being established by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple SONIA” for business loans; provided
that, if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion. 

“Daily Simple TONA” means, for any day, TONA, with the conventions for this rate (which will include a
lookback) being established by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple TONA” for business loans; provided
that, if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable discretion. 

“Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other liquidation,
conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in
effect. 
 “Default” means any event or condition that constitutes an Event of Default or that, with the
giving of any notice, the passage of time, or both, would be an Event of Default. 
 “Default Rate” means
(a) with respect to any Obligation for which a rate is specified, a rate per annum equal to two percent (2%) plus the rate (including any Applicable Rate and any Mandatory Cost) otherwise applicable thereto and (b) with respect to any
Obligation for which a rate is not specified or available, a rate per annum equal to the Base Rate plus the Applicable Rate for Revolving Loans that are Base Rate Loans plus two percent (2%), in each case, to the fullest extent permitted by
Applicable Law. 
 “Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with,
12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable. 
 “Defaulting Lender” means, subject to
Section 2.15(b), any Lender that (a) has failed to (i) fund all or any portion of its Loans within two (2) Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative
Agent and the Borrower in writing that such failure is the result of such Lender’s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically
identified in such writing) has not been satisfied, or (ii) pay to the Administrative Agent, the L/C Issuer or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of
Credit) within two (2) Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent or the L/C Issuer in writing that it does not intend to comply with its funding obligations hereunder, or has made a public
statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding
(which condition precedent, together 

  
 19 

 
with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written
request by the Administrative Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a
Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a
proceeding under any Debtor Relief Law, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or
assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity or (iii) become the subject of a Bail-In Action; provided
that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any Equity Interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest
does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to
reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above, shall be
conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.15(b)) upon delivery of written notice of such determination to the Borrower, the L/C Issuer and each other Lender.

 “Development Property” means any real property in which the development and construction with respect
thereto are not complete. 
 “Disposition” means the sale, lease, conveyance, transfer or other disposition
of any Health Care Facility (whether in one or a series of transactions), including accounts and notes receivable (with or without recourse) and sale-leaseback transactions. 

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

“Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars, such
amount and (b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot
Rate (determined in respect of the most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency. 

“Early Opt-in Effective Date” means, with respect to any Early Opt-in Election or an Other Rate Early Opt-in, as applicable, the sixth (6th) Business Day after the date notice of such Early Opt-in
Election or Other Rate Early Opt-in, as applicable, is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the
date notice of such Early Opt-in Election or Other Rate Early Opt-in, as applicable, is provided to the Lenders, written notice of objection to such Early Opt-in Election or Other Rate Early Opt-in, as applicable, from Lenders comprising the Required Lenders. 

“Early Opt-in Election” means the occurrence of: 

  
 20 

 (1)    a notification by the Administrative Agent to
each of the other parties hereto that at least five currently outstanding U.S. dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a term SOFR
or any other rate based upon SOFR) as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and 

(2)    the joint election by the Administrative Agent and the Borrower to replace USD LIBOR with a
Benchmark Replacement and the provision by the Administrative Agent of written notice of such election to the Lenders. 

“EBITDA” means, for any period, for a Person and its Subsidiaries on a Consolidated basis, an amount equal to
the Net Income of such Person and its Subsidiaries for such period plus (a) the following to the extent deducted in calculating such Net Income: (i) Consolidated Interest Expense for such period, (ii) the provision for federal, state,
local and foreign income taxes payable by such Person and its Subsidiaries for such period, (iii) depreciation and amortization expense for such period and (iv) expenses of such Person and its Subsidiaries reducing such Net Income during
such period which do not represent a cash expenditure in such period or any prior or future period and minus (b) all items of such Person and its Subsidiaries increasing Net Income for such period which do not represent a cash receipt in such
period or any prior or future period. 
 “EEA Financial Institution” means (a) any credit institution
or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of
this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

 “EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein and
Norway. 
 “EEA Resolution Authority” means any public administrative authority or any person entrusted
with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“Eligible Assignee” means any Person that meets the requirements to be an assignee under Section 10.06
(subject to such consents, if any, as may be required under Section 10.06(b)(iii)). 
 “Employee Benefit
Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA which is subject to ERISA and (a) is maintained for employees of the Borrower or (b) with respect to which the Borrower has any liability. 

“EMU Legislation” means the legislative measures of the European Council for the introduction of, changeover
to or operation of a single or unified European currency. 
 “Environmental Laws” means any and all
federal, state, local and foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the
environment or human health and safety or the release of any materials into the environment, 

  
 21 

 
including those related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 

“Environmental Liability” means any liability, contingent or otherwise (including any liability for damages,
costs of environmental remediation, fines, penalties or indemnities), of or relating to the Borrower or any of its Subsidiaries directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation,
use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any
contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Proceeding” means any judgment, action, claim, suit, investigation or other proceeding pending
before any court or Governmental Authority, with respect to the Borrower or any Subsidiary and arising under or relating to any Environmental Laws. 

“Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other
ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities
convertible into or exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests) and all
of the other ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any
date of determination. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended,
and the rules and regulations promulgated under it. 
 “ERISA Affiliate” means any trade or business
(whether or not incorporated) under common control with the Borrower within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the
Code). 
 “Erroneous Payment” has the meaning assigned to it in Section 9.10(a). 

“Erroneous Payment Deficiency Assignment” has the meaning assigned to it in Section 9.10(d). 

“Erroneous Payment Impacted Class” has the meaning assigned to it in Section 9.10(d). 

“Erroneous Payment Return Deficiency” has the meaning assigned to it in Section 9.10(d). 

“Erroneous Payment Subrogation Rights” has the meaning assigned to it in Section 9.10(d). 

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time. 

“EURIBOR” has the meaning assigned to such term in the definition of Eurocurrency Rate. 

  
 22 

 “EURIBOR Rate” has the meaning assigned to such term in the
definition of Eurocurrency Rate. 
 “Euro” and “EUR” mean the lawful currency of the
Participating Member States introduced in accordance with the EMU Legislation. 
 “Eurocurrency Rate” means: 
 (a)        for any
Interest Period, with respect to any Credit Extension: 
 (i)        denominated in
a LIBOR Quoted Currency, the rate per annum equal to the London Interbank Offered Rate (“LIBOR”), or a comparable or successor rate which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen
page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) (in such case, the “LIBOR Rate”) at or about 11:00 a.m. (London time) on the Rate
Determination Date, for deposits in such LIBOR Quoted Currency, with a term equivalent to such Interest Period; 

(ii)        denominated in Euros, the rate per annum equal to the Euro Interbank
Offered Rate (“EURIBOR”) as administered by the European Money Markets Institute (or any other Person that takes over the administration of such rate) for a period equal in length to such Interest Period, as displayed on the
applicable Bloomberg page (or on any successor or substitute page or service providing such quotations as determined by the Administrative Agent from time to time; in each case, the “EURIBOR Rate”) at or about 11:00a.m. (Brussels,
Belgium time) on the Rate Determination Date with a term equivalent to such Interest Period; 

(iii)        denominated in Yen, the rate per annum equal to the Tokyo Interbank
Offered Rate (“TIBOR”), or a comparable or successor rate which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such
quotations as may be designated by the Administrative Agent from time to time) (in such case, the “TIBOR Rate”) at approximately 11:00 a.m. (Tokyo time) two Business Days prior to the commencement of such Interest Period; 

(iv)        denominated in Canadian Dollars, the rate per annum equal to the Canadian
Dealer Offered Rate (“CDOR”), or a comparable or successor rate which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such
quotations as may be designated by the Administrative Agent from time to time) at or about 10:00 a.m. (Toronto, Ontario time) on the Rate Determination Date with a term equivalent to such Interest Period; 

(v)        denominated in Australian Dollars, the rate per annum equal to the Bank
Bill Swap Reference Bid Rate (“BBSY”), or a comparable or successor rate which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing
such quotations as may be designated by the Administrative Agent from time to time) at or about 10:30 a.m. (Melbourne, Australia time) on the Rate Determination Date with a term equivalent to such Interest Period; 

(vi)        denominated in a Non-LIBOR Quoted
Currency other than those currencies listed above, the rate per annum as designated with respect to such Alternative Currency 

  
 23 

 
at the time such Alternative Currency is approved by the Administrative Agent and the relevant Lenders pursuant to Section 1.07(a); and 

(b)        for any interest rate calculation with respect to a Base Rate Loan on any
date, the rate per annum equal to the LIBOR Rate, at or about 11:00 a.m. (London time) determined two (2) Business Days prior to such date for Dollar deposits being delivered in the London interbank market for deposits in Dollars with a term of
one (1) month commencing that day; 
 provided that (i) to the extent a comparable or successor rate is approved by the
Administrative Agent in connection with any rate set forth in this definition, the approved rate shall be applied in a manner consistent with market practice; provided, further that to the extent such market practice is not
administratively feasible for the Administrative Agent, such approved rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent and (ii) if the Eurocurrency Rate shall be less than zero, such rate shall be
deemed zero for purposes of this Agreement. 
 “Eurocurrency Rate Loan” means a Loan that bears interest at
a rate based on clause (a) of the definition of “Eurocurrency Rate”. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. 

“Event of Default” has the meaning assigned to such term in Section 8.01. 

“Excluded Taxes” means any of the following Taxes imposed on or with respect to any Recipient or required to
be withheld or deducted from a payment to a Recipient: (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case (i) imposed as a result of such Recipient being organized
under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes; (b) in the
case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender
acquires such interest in such Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 10.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to
Section 3.01(d), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its Lending Office; (c) Taxes
attributable to such Recipient’s failure to comply with Section 3.01(f); and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA. 

“Existing Canadian Term Loans” has the meaning assigned to such term in Section 2.01(a)(ii). 

“Existing Credit Agreement” means that certain Credit Agreement, dated as of July 19, 2018, by and among
the Borrower, the Lenders from time to time party thereto and KeyBank National Association, as Administrative Agent, as amended, modified, supplemented and/or restated from time to time through the Closing Date. 

“Existing Letter(s) of Credit” means those certain letters of credit set forth on Schedule 1.01(c). 

  
 24 

 “Existing U.S. Term Loans” has the meaning assigned to such
term in Section 2.01(a)(i). 
 “Facility” means the U.S. Term Facility, the Canadian Term Facility
or the Revolving Facility (including therein the U.S. Tranche Revolving Commitments and the Alternative Currency Tranche Revolving Commitments), as the context may require. 

“Facility Fee” has the meaning assigned to such term in Section 2.09(a). 

“Facility Office” means, with respect to any Lender, the office through which such Lender will perform its
obligations under this Agreement. 
 “Facility Termination Date” means the date as of which all of the
following shall have occurred: (a) the Aggregate Commitments have terminated; (b) all Obligations have been paid in full (other than contingent indemnification obligations); and (c) all Letters of Credit have terminated or expired
(other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made). 

“FASB ASC” means the Accounting Standards Codification of the Financial Accounting Standards Board. 

“FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or
successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the
Code. 
 “FCPA” has the meaning assigned to such term in Section 5.18(b). 

“Federal Funds Rate” means, for any day, the rate per annum calculated by the Federal Reserve Bank of New
York based on such day’s federal funds transactions by depository institutions (as determined in such manner as the Federal Reserve Bank of New York shall set forth on its public website from time to time) and published on the next succeeding
Business Day by the Federal Reserve Bank of New York as the federal funds effective rate; provided, that if the Federal Funds Rate for any day is less than zero, the Federal Funds Rate for such day will be deemed to be zero. 

“Financial Statements” means, with respect to the Borrower, its audited Consolidated Balance Sheet as at
December 31, 2020, together with the related audited Consolidated Income Statement and Statement of Changes in Cash Flow for the fiscal year then ended. 

“Fitch” means Fitch Ratings Ltd. and any successor thereto. 

“Fixed Charge Coverage Ratio” means, on the last day of any fiscal quarter, the ratio of
(a) Consolidated EBITDA for the four (4) consecutive fiscal quarters ending on such date to (b) Consolidated Fixed Charges for the four (4) consecutive fiscal quarters ending on such date. 

“Floor” means zero. 

  
 25 

 “Foreign Lender” means a Lender that is not a U.S. Person.
For purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 

“Fronting Exposure” means, at any time there is a Defaulting Lender that is a Revolving Lender, with respect
to the L/C Issuer, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Revolving Lenders
or Cash Collateralized in accordance with the terms hereof. 
 “Fund” means any Person (other than a
natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 

“Funding Indemnity Letter” means a funding indemnity letter, substantially in the form of Exhibit I.

 “GAAP” means generally accepted accounting principles in the United States of America applied on a
consistent basis and subject to the terms of Section 1.03. 
 “Governmental Authority” means the
government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantee” means, as to any Person, (a) any obligation, contingent or otherwise, of such Person
guaranteeing or having the economic effect of guaranteeing any Indebtedness of the kind described in clauses (a) through (e) of the definition thereof or other obligation payable or performable by another Person (the “primary
obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other
obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation,
(iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation,
or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or
in part), or (b) any Lien on any assets of such Person securing any Indebtedness of the kind described in clauses (a) through (e) of the definition thereof or other obligation of any other Person, whether or not such Indebtedness or other
obligation is assumed or expressly undertaken by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or
determinable amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable, the maximum 

  
 26 

 
reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding meaning. 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic
substances, wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, toxic mold, infectious or medical wastes and all other substances or wastes of any
nature regulated pursuant to any Environmental Law. 
 “Health Care Facility” means (a) a health care
facility offering health care-related products and services, including but not limited to any acute care hospital, rehabilitation hospital, nursing facility, assisted living facility, retirement center, long-term care facility, out-patient diagnostic facility or medical office building, life science research and development facility or office and any related or ancillary facility, service or product and (b) housing intended to be
occupied primarily by persons over the age of 55 and related or ancillary facilities, services and products. 

“Honor Date” has the meaning assigned to such term in Section 2.03(c). 

“Incremental Canadian Term Commitment” has the meaning assigned to such term in Section 2.18(a). 

“Incremental Canadian Term Lender” has the meaning assigned to such term in Section 2.18(b). 

“Incremental Canadian Term Loan Request” has the meaning assigned to such term in Section 2.18(a). 

“Incremental Revolving Lender” has the meaning assigned to such term in Section 2.16(b). 

“Incremental U.S. Term Commitment” has the meaning assigned to such term in Section 2.17(a). 

“Incremental U.S. Term Lender” has the meaning assigned to such term in Section 2.17(b). 

“Incremental U.S. Term Loan Request” has the meaning assigned to such term in Section 2.17(a). 

“Indebtedness” means, with respect to any Person, without duplication, all of the following, whether or not
included as indebtedness or liabilities in accordance with GAAP: 
 (a)        all
obligations of such Person for borrowed money, whether secured or unsecured, and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments including, without limitation, recourse and non-recourse mortgage debt; 
 (b)        all
direct or contingent obligations of such Person arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; 

  
 27 

 (c)        aggregate net
obligations of such Person under Swap Contracts; 
 (d)        all obligations of
such Person to pay the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); 

(e)        indebtedness (excluding prepaid interest thereon) secured by a Lien on
property owned or purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse, to the extent
of the value of the property encumbered by such Lien; 
 (f)        Capital Leases
and Synthetic Lease Obligations; 
 (g)        all obligations of such Person to
purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in such Person at any time prior to the date that is six months after the Maturity Date, valued, in the case of a redeemable preferred interest, at the
liquidation preference thereof, and 
 (h)        all Guarantees of such Person in
respect of any of the foregoing. 
 For all purposes hereof, (i) the amount of any net obligation under any Swap
Contract on any date shall be deemed to be the Swap Termination Value thereof as of such date (which shall be a positive number if such amount would be owed by the Borrower and a negative number if such amount would be owed to the Borrower) and the
net obligations under Swap Contracts shall not be less than zero and (ii) the amount of any Capital Lease or Synthetic Lease Obligation as of any date shall be deemed to be the amount of Attributable Indebtedness in respect thereof as of such
date. 
 “Indemnified Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to
any payment made by or on account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes. 

“Indemnitees” has the meaning assigned to such term in Section 10.04(b). 

“Information” has the meaning assigned to such term in Section 10.07. 

“Intangible Assets” means assets of a Person and its Subsidiaries that are classified as intangible assets
under GAAP, but excluding interests in real estate that are classified as intangible assets in accordance with GAAP. 

“Interest Expense” means, for any period, for a Person and its Subsidiaries on a Consolidated basis, the sum
of (a) all interest expense for such period determined in accordance with GAAP (excluding unamortized debt issuance costs) and (b) interest that is capitalized in such period in accordance with GAAP. 

“Interest Payment Date” means, (a) as to any Eurocurrency Rate Loan and any Bid Loan, the last day of
each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such Loan was made; provided, however, that if any Interest Period for a Eurocurrency Rate Loan exceeds three (3) months, the
respective dates that fall every three (3) 

  
 28 

 
months after the beginning of such Interest Period shall also be Interest Payment Dates; (b) as to any RFR Loan, each date that is on the numerically corresponding day in each calendar month
that is one month after the Borrowing of such Loan and the Maturity Date; provided that, as to any such RFR Loan, (i) if any such date would be a day other than a Business Day, such date shall be extended to the next succeeding Business
Day unless such next succeeding Business Day would fall in the next calendar month, in which case such date shall be the next preceding Business Day and (ii) the Interest Payment Date with respect to any Borrowing that occurs on the last
Business Day of a calendar month (or on a day for which there is no numerically corresponding day in any applicable calendar month) shall be the last Business Day of any such succeeding applicable calendar month; and (c) as to any Base Rate
Loan and any Daily Floating Rate Loan, the last Business Day of each March, June, September and December and the Maturity Date of the Facility under which such Loan was made. 

“Interest Period” means, as to (i) each Eurocurrency Rate Loan, the period commencing on the date such
Eurocurrency Rate Loan is disbursed or converted to or continued as a Eurocurrency Rate Loan and ending on the date one (1), three (3) or six (6) months thereafter (in each case, subject to availability for the interest rate applicable to
the relevant currency, it being understood that (x) Interest Periods of six (6) months are not available with respect to CDOR and (y) Interests Periods for Daily Simple SOFR are limited to three (3) months), as selected by the
Borrower in its Loan Notice; and (ii) each Bid Loan, the period commencing on the date of such Bid Loan and ending on the date specified in the Bid Loan Quote Request in which the Bid Loan Quote to make such Bid Loan was extended;
provided that: 
 (a)        any Interest Period that would otherwise end on
a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

(b)        any Interest Period that begins on the last Business Day of a calendar
month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; 

(c)        no Interest Period shall extend beyond the Maturity Date of the Facility
under which such Loan was made; 
 (d)        notwithstanding clause
(c) above, no Interest Period with respect to a Eurocurrency Rate Loan shall have a duration of less than one month; and 

(e)        no Interest Period with respect to a Bid Loan shall have a duration of
more than 180 days. 
 In the event that the Borrower fails to select the duration of any Interest Period for any Eurocurrency Rate Loan
denominated in Dollars within the time period and otherwise as provided in Section 2.02, such Eurocurrency Rate Loan will be automatically converted into a Base Rate Loan on the last day of the preceding Interest Period for such Eurocurrency
Rate Loan. 
 “Investment(s)” means, by any Person: 

  
 29 

 (a)        the amount paid or
committed to be paid, or the value of property or services contributed or committed to be contributed, by such Person for or in connection with the acquisition by such Person of any stock, bonds, notes, debentures, partnership or other ownership
interests or other securities of any other Person; and 
 (b)        the amount of
any advance, loan or extension of credit by such Person, to any other Person, or guaranty or other similar obligation of such Person with respect to any Indebtedness of such other Person, and (without duplication) any amount committed to be
advanced, loaned, or extended by such Person to any other Person, or any amount the payment of which is committed to be assured by a guaranty or similar obligation by such Person for the benefit of, such other Person. 

For the purposes of clarity, the amount of any Investment shall be the amount actually invested, without adjustment for
subsequent increases or decreases in the value of such Investment. 
 “IRS” means the United States
Internal Revenue Service. 
 “ISDA Definitions” means the 2006 ISDA Definitions published by the
International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps
and Derivatives Association, Inc. or such successor thereto. 
 “ISP” means, with respect to any Letter of
Credit, the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance). 

“Issuer Documents” means with respect to any Letter of Credit, the Letter of Credit Application and any other
document, agreement and instrument entered into by the L/C Issuer and the Borrower (or any Subsidiary) or in favor of the L/C Issuer and relating to such Letter of Credit. 

“Joint Venture” means any Person in which the Borrower, directly or indirectly, has an ownership interest
accounted for under the equity method of accounting but does not consolidate the assets or income of such Person in preparing its consolidated financial statements. 

“Judgment Currency” has the meaning assigned to such term in Section 10.19. 

“L/C Advance” means, with respect to each Revolving Lender, such Lender’s funding of its participation
in any L/C Borrowing in accordance with its Applicable Revolving Percentage. 
 “L/C Borrowing” means an
extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Borrowing. 

“L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the
expiry date thereof, or the increase of the amount thereof. 
 “L/C Issuer” means KeyBank, National
Association, in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit who agrees to act in such capacity hereunder. 

  
 30 

 “L/C Obligations” means, as at any date of determination,
the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit,
the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn
thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

“Latest Balance Sheet” has the meaning assigned to such term in Section 5.09(c). 

“Laws” means, collectively, all international, foreign, federal, state and local statutes, treaties, rules,
guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration
thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“Lender” means each of the Persons identified as a “Lender” on the signature pages hereto, each
other Person that becomes a “Lender” in accordance with this Agreement and their successors and assigns. 

“Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such
Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent, which office may include any Affiliate of such Person or any domestic or foreign branch
of such Person or such Affiliate. 
 “Letter of Credit” means any letter of credit issued hereunder and
shall include the Existing Letters of Credit. A Letter of Credit may be a commercial letter of credit or a standby letter of credit; provided, however, that any commercial letter of credit issued hereunder shall provide solely for cash
payment upon presentation of a sight draft and any other required documents. 
 “Letter of Credit
Application” means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer. 

“Letter of Credit Expiration Date” means the day that is five (5) days prior to the Maturity Date then
in effect for the applicable Revolving Facility (or, if such day is not a Business Day, the next preceding Business Day); provided that the Letter of Credit Expiration Date may, subject to the Borrower providing Cash Collateral as provided in
Section 2.14, be extended for up to one year after the Maturity Date then in effect for each applicable Revolving Facility. 

“Letter of Credit Fee” has the meaning assigned to such term in Section 2.03(h). 

“Letter of Credit Sublimit” means an amount equal to the lesser of (a) $100,000,000 and (b) the
Revolving Facility. The Letter of Credit Sublimit is part of, and not in addition to, the Revolving Facility. 

  
 31 

 “Leverage Ratio” means, on the last day of any fiscal
quarter, the ratio of (a) Consolidated Total Indebtedness outstanding on such date to (b) Consolidated Total Asset Value as of such date. 

“LIBOR” has the meaning assigned to such term in the definition of Eurocurrency Rate. 

“LIBOR Daily Floating Rate” means, for any day, a fluctuating rate of interest per annum equal to LIBOR, or a
comparable or successor rate, which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative
Agent from time to time), at or about 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that to the extent a comparable or
successor rate is approved by the Administrative Agent in connection herewith, the approved rate will be applied in a manner consistent with market practice; provided, further, that to the extent such market practice is not
administratively feasible for the Administrative Agent, such approved rate will be applied in a manner as otherwise reasonably determined by the Administrative Agent; provided, further, if the LIBOR Daily Floating Rate shall be less than zero, such
rate shall be deemed to be zero. 
 “LIBOR Quoted Currency” means Dollars, so long as there is a published
LIBOR rate with respect thereto. 
 “LIBOR Rate” has the meaning assigned to such term in the definition of
Eurocurrency Rate. 
 “Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, deposit
arrangement, security interest, encumbrance, lien (statutory or otherwise), charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever, claim or charge
of any kind (including any agreement to give any of the foregoing), any conditional sale or other title retention agreement, any easement, right of way or other encumbrance on title to real property, and any financing lease having substantially the
same economic effect as any of the foregoing and the filing of or agreement to give any financing statement under the Uniform Commercial Code of any jurisdiction. 

“Loan” means an extension of credit by a Lender to the Borrower under Article II in the form of a Term Loan,
a Revolving Loan or a Bid Loan. 
 “Loan Documents” means, collectively, (a) this Agreement,
(b) the Notes, (c) each separate fee letter, (d) each Sustainability Metric Annual Certificate, (e) each Issuer Document and (f) any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of
this Agreement including Section 2.14. 
 “Loan Notice” means a notice of (a) a Borrowing,
(b) a conversion of Loans from one Type to the other, or (c) a continuation of Eurocurrency Rate Loans or RFR Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit D. 

“London Banking Day” means any day on which dealings in Dollar deposits are conducted by and between banks in
the London interbank eurodollar market. 

  
 32 

 “Mandatory Cost” means any amount incurred periodically by
any Lender during the term of the Facilities which constitutes fees, costs or charges imposed on lenders generally by any Governmental Authority in the jurisdiction in which such Lender is domiciled, subject to regulation, or has its Facility
Office. 
 “Material Adverse Effect” means any fact or circumstance which (a) materially and adversely
affects the business, operation, property or financial condition of the Borrower and the Subsidiaries taken as a whole or (b) has a material adverse effect on the ability of the Borrower and the Subsidiaries taken as a whole to perform its
obligations under this Agreement, the Notes or the other Loan Documents. 
 “Maturity Date” means
(a) with respect to the Revolving A Facility, June 4, 2025, (b) with respect to the Revolving B Facility, June 4, 2023, (c) with respect to the U.S. Term Facility, July 19, 2023, and (d) with respect to the Canadian Term
Facility, July 19, 2023, or, in the case of the Revolving Facility, any later date established in accordance with Section 2.19; provided, however, that, in each case, if such date is not a Business Day, the Maturity Date
shall be the next preceding Business Day. When used in the definition of “Indebtedness”, Maturity Date shall mean the latest to occur of each of the foregoing dates. 

“Merger with No Actual Change in Control” means (i) the stockholders of the Borrower, immediately before
such merger or consolidation, own, directly or indirectly, immediately following such merger or consolidation, more than fifty percent (50%) of the then outstanding shares of common stock (or the equivalent in voting power of any class or classes of
securities of the corporation entitled to vote in elections of directors) of the corporation resulting from such merger or consolidation (the “Surviving Company”) in substantially the same proportion as their ownership of the
Borrower’s outstanding common stock (or the equivalent in voting power of any class or classes of securities of the Borrower entitled to vote in elections of directors) immediately before such merger or consolidation and (ii) the persons
who were Continuing Directors immediately prior to the execution of the agreement providing for such merger or consolidation constitute more than fifty percent (50%) of the members of the Board of Directors of the Surviving Company. 

“Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash
or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 100% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit
issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii), (a)(iii) or (a)(iv), an amount equal to 100%
of the Outstanding Amount of all L/C Obligations and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion. 

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

“Mortgage(s)” means mortgages of primarily real property constituting a Health Care Facility or real estate
for which the Borrower or one of its Subsidiaries is a mortgagee. 
 “Mortgage Lien” means any Lien that
encumbers a real property owned by a Person, other than Permitted Liens. 

  
 33 

 “Multiemployer Plan” means any employee benefit plan of the
type described in Section 4001(a)(3) of ERISA, to which the Borrower or any ERISA Affiliate makes or is obligated to make contributions or, during the preceding five (5) plan years, has made or been obligated to make contributions. 

“Net Income” means, for any period, for a Person and its Subsidiaries on a Consolidated basis, the net income
of such Person and its Subsidiaries for such period as determined in accordance with GAAP (excluding, without duplication, gains and losses from dispositions of depreciable real estate investments, impairment charges, the early extinguishment of
debt and transaction costs of acquisitions not permitted to be capitalized pursuant to GAAP and other non-recurring items, including, without limitation, charges resulting from settlement of options to
repurchase remarketable bonds and other similar charges). 
 “New Canadian Term Lender” has the meaning
assigned to such term in Section 2.18(a). 
 “New Revolving Lender” has the meaning assigned to such
term in Section 2.16(a). 
 “New U.S. Term Lender” has the meaning assigned to such term in
Section 2.17(a). 
 “Non-Consenting Lender” means any Lender
that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 10.01 and (b) has been approved by the Required Lenders. 

“Non-Defaulting Lender” means, at any time, each Lender that is not a
Defaulting Lender at such time. 
 “Non-LIBOR Quoted Currency”
means any currency other than a LIBOR Quoted Currency, provided, that, for the avoidance of doubt, each of Sterling and Swiss Francs shall be deemed to be a Non-LIBOR Quoted Currency for the purposes of
this Agreement. 
 “Nonrecourse Indebtedness” means, with respect to the Borrower or any Subsidiary,
Indebtedness of the Borrower or such Subsidiary that is secured by a Lien on Property of the Borrower or such Subsidiary, as applicable, the sole recourse for the repayment of which is such Property and where the Borrower or such Subsidiary, as
applicable, would not be liable for any deficiency after the application of the proceeds of such Property to such Indebtedness, other than in respect of environmental liabilities, fraud, misrepresentation and other similar matters. 

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

“NYFRB” means the Federal Reserve Bank of New York. 

“Obligations” means (a) all advances to, and debts, liabilities, obligations, covenants and duties of,
the Borrower arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, (b) all Erroneous Payment Subrogation Rights and (c) all costs and expenses incurred in connection with enforcement and collection of
the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including
interest and fees that accrue after the commencement by or against the 

  
 34 

 
Borrower or any of its Affiliates of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed
claims in such proceeding. 
 “OFAC” means the Office of Foreign Assets Control of the United States
Department of the Treasury. 
 “Operator” means (a) the lessee of any Health Care Facility owned or
leased by the Borrower and (b) the mortgagor of a Health Care Facility which is subject to a Mortgage to the extent that such entity controls the operation of such Health Care Facility. 

“Organization Documents” means, (a) with respect to any corporation, the certificate or articles of
incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the certificate or articles
of formation or organization and operating agreement or limited liability company agreement (or equivalent or comparable documents with respect to any non-U.S. jurisdiction); (c) with respect to any
partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization (or equivalent or comparable documents with respect to any
non-U.S. jurisdiction) and (d) with respect to all other entities, any agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization with the
applicable Governmental Authority in the jurisdiction of its formation or organization (or equivalent or comparable documents with respect to any non-U.S. jurisdiction). 

“Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or
former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or
perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). 

“Other Rate Early Opt-in” means the Administrative Agent and the
Borrower have elected to replace USD LIBOR with a Benchmark Replacement other than a SOFR-based rate pursuant to (1) an Early Opt-in Election and (2) clause (b) of Section 3.07 and clause
(2) of the definition of “Benchmark Replacement”. 
 “Other Taxes” means all present or
future stamp, court or documentary, intangible, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security
interest under, or otherwise with respect to, any Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 3.06). 

“Outstanding Amount” means (i) with respect to Term Loans, Revolving Loans and Bid Loans on any date,
the Dollar Equivalent of the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Term Loans, Revolving Loans and Bid Loans, as the case may be, occurring on such date and
(ii) with respect to any L/C Obligations on any date, the Dollar Equivalent of the amount of such L/C Obligations on such date 

  
 35 

 
after giving effect to any L/C Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any
reimbursements by the Borrower of Unreimbursed Amounts. 
 “Participant” has the meaning assigned to such
term in Section 10.06(d). 
 “Participant Register” has the meaning assigned to such term in
Section 10.06(d). 
 “Participating Member State” means each state so described in any EMU
Legislation. 
 “PATRIOT Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)). 
 “Payment Recipient”
has the meaning assigned to it in Section 9.10(a). 
 “PBGC” means the Pension Benefit Guaranty
Corporation. 
 “Permitted Liens” means Liens permitted under Sections 7.02(c) – (m) and (o) –
(q). 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture,
association, company, partnership, Governmental Authority or other entity. 
 “Plan” means any employee
benefit plan within the meaning of Section 3(3) of ERISA (including an Employee Benefit Plan), maintained for employees of the Borrower or any ERISA Affiliate or any such Plan to which the Borrower or any ERISA Affiliate is required to
contribute on behalf of any of its employees. 
 “Platform” has the meaning assigned to such term in
Section 6.01. 
 “Property” means any estate or interest in any kind of property or asset, whether
real, personal or mixed, and whether tangible or intangible. 
 “Proposed Canadian Term Lender” has the
meaning assigned to such term in Section 2.18(a). 
 “Proposed Revolving Lender” has the meaning
assigned to such term in Section 2.16(a). 
 “Proposed U.S. Term Lender” has the meaning assigned to
such term in Section 2.17(a). 
 “PTE” means a prohibited transaction class exemption issued by the
U.S. Department of Labor, as any such exemption may be amended from time to time. 
 “Public Lender” has
the meaning assigned to such term in Section 6.01. 
 “QFC” has the meaning assigned to the term
“qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). 

“QFC Credit Support” has the meaning assigned to such term in Section 10.22. 

  
 36 

 “Rate Determination Date” means, with respect to any
Interest Period, two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in the relevant interbank market, as determined by the Administrative
Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative
Agent). 
 “Ratings” means the ratings from time to time established by the Ratings Agencies for long term,
senior, unsecured, non-credit enhanced debt of the Borrower. 
 “Ratings
Agencies” means Moody’s, S&P and Fitch. 
 “Recipient” means the Administrative Agent,
any Lender, the L/C Issuer or any other recipient of any payment to be made by or on account of any Obligation. 

“Recourse Indebtedness” means, with respect to the Borrower or any Subsidiary, all Indebtedness of the
Borrower or such Subsidiary other than Nonrecourse Indebtedness. 
 “Reference Time” with respect to any
setting of the then-current Benchmark means (1) if such Benchmark is USD LIBOR, 11:00 a.m. (London time) on the day that is two London banking days preceding the date of such setting, (2) if such Benchmark is EURIBOR Rate, 11:00 a.m.
Brussels time two TARGET Days preceding the date of such setting, (3) if such Benchmark is TIBOR Rate, 11:00 a.m. Japan time two Business Days preceding the date of such setting, (4) if the RFR for such Benchmark is SONIA, then four
Business Days prior to such setting, (5) if the RFR for such Benchmark is SARON, then four Business Days prior to such setting or (6) if such Benchmark is none of the USD LIBOR, the EURIBOR Rate, the TIBOR Rate, SONIA or SARON, the time
determined by the Administrative Agent in its reasonable discretion. 
 “Register” has the meaning assigned
to such term in Section 10.06(c). 
 “REIT” means a real estate investment trust as defined in
Sections 856-860 of the Code. 
 “Related Parties” means, with
respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, shareholders, administrators, managers, advisors, representatives, attorneys and controlling Persons of such Person and of such
Person’s Affiliates. 
 “Relevant Governmental Body” means (i) with respect to a Benchmark
Replacement in respect of Loans denominated in US Dollars, the Federal Reserve Board and/or the NYFRB, or a committee officially endorsed or convened by the Federal Reserve Board and/or the NYFRB or, in each case, any successor thereto,
(ii) with respect to a Benchmark Replacement in respect of Loans denominated in Sterling, the Bank of England, or a committee officially endorsed or convened by the Bank of England or, in each case, any successor thereto, (iii) with
respect to a Benchmark Replacement in respect of Loans denominated in Euros, the European Central Bank, or a committee officially endorsed or convened by the European Central Bank or, in each case, any successor thereto, (iv) with respect to a
Benchmark Replacement in respect of Loans denominated in Swiss Francs, the Swiss National Bank, or a committee officially endorsed or convened by the Swiss National Bank or, in each case, any successor thereto, (v) with respect to a Benchmark
Replacement in respect of Loans denominated in Yen, the Bank of Japan, or a 

  
 37 

 
committee officially endorsed or convened by the Bank of Japan or, in each case, any successor thereto, and (vi) with respect to a Benchmark Replacement in respect of Loans denominated in
any other Alternative Currency, (a) the central bank for the currency in which such Benchmark Replacement is denominated or any central bank or other supervisor which is responsible for supervising either (1) such Benchmark Replacement or
(2) the administrator of such Benchmark Replacement or (b) any working group or committee officially endorsed or convened by (1) the central bank for the currency in which such Benchmark Replacement is denominated, (2) any
central bank or other supervisor that is responsible for supervising either (A) such Benchmark Replacement or (B) the administrator of such Benchmark Replacement, (3) a group of those central banks or other supervisors or (4) the
Financial Stability Board or any part thereof. 
 “Relevant Rate” means (i) with respect to any
Borrowing denominated in (i) US Dollars, LIBOR, (ii) Euros, the EURIBOR Rate; (iii) Sterling, SONIA; (iv) Swiss Francs, SARON; (v) Yen, the TIBOR Rate; (vi) Canadian Dollars, CDOR; (vii) Australian Dollars, BBSY or
(viii) with respect to any Borrowing denominated in another currency that is approved in accordance with Section 1.07, the rate per annum as designated and approved by the Administrative Agent and the relevant Lenders, as applicable. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for
which the thirty (30) day notice period has been waived. 
 “Request for Credit Extension” means
(a) with respect to a Borrowing, conversion or continuation of Term Loans or Revolving Loans, a Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Bid Loan, a Bid Loan
Quote Request. 
 “Required Alternative Currency Tranche Revolving Lenders” means, at any time, Alternative
Currency Tranche Revolving Lenders having Total Alternative Currency Credit Exposures representing more than 50% of the Total Alternative Currency Credit Exposures of all Alternative Currency Tranche Revolving Lenders. The Total Alternative Currency
Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Alternative Currency Tranche Revolving Lenders at any time; provided that, the amount of any participation in any Unreimbursed Amounts that such Defaulting
Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the L/C Issuer in making such determination. 

“Required Lenders” means, at any time, Lenders having Total Credit Exposures representing more than 50% of
the Total Credit Exposures of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time; provided that, the amount of any participation in any Unreimbursed Amounts that
such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the L/C Issuer in making such determination. For purposes of this definition, the Outstanding
Amount of all Bid Loans shall be disregarded in determining Total Credit Exposures. 
 “Resolution
Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority. 

  
 38 

 “Responsible Officer” means the chief executive officer,
president, chief financial officer, treasurer, vice president, assistant treasurer or controller of the Borrower, and solely for purposes of the delivery of incumbency certificates pursuant to Section 4.01, the secretary or any assistant
secretary of the Borrower. Any document delivered hereunder that is signed by a Responsible Officer shall be conclusively presumed to have been authorized by all necessary corporate and/or other action on the part of the Borrower and such
Responsible Officer shall be conclusively presumed to have acted on behalf of the Borrower. To the extent requested by the Administrative Agent, each Responsible Officer will provide an incumbency certificate, in form and substance satisfactory to
the Administrative Agent. 
 “Revaluation Date” means, with respect to (a) any Letter of Credit, each
of the following: (i) each date of issuance of an Alternative Currency Tranche Letter of Credit, (ii) each date of an amendment of any Alternative Currency Tranche Letter of Credit having the effect of increasing the amount thereof,
(iii) each date of any payment by the L/C Issuer under any Alternative Currency Tranche Letter of Credit, (iv) in the case of the Existing Letters of Credit, the Closing Date and (v) such additional dates (not more frequently than
monthly) as the Administrative Agent or the L/C Issuer shall determine or the Required Lenders shall require and (b) any Loan, each of the following: (i) each date of Borrowing of an Alternative Currency Tranche Revolving Loan,
(ii) each date of any continuation of a Eurocurrency Rate Loan or RFR Loan denominated in an Alternative Currency pursuant to Section 2.02 and (iii) such additional dates as the Administrative Agent shall determine or the Required
Lenders shall require. 
 “Revolving A Borrowing” means a borrowing consisting of simultaneous Revolving A
Loans of the same Type, in the same currency and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Revolving A Lenders pursuant to Section 2.01(b)(i)(A). 

“Revolving A Commitment” means, with respect to any Revolving A Lender, the sum of such Lender’s U.S.
Tranche Revolving A Commitment and such Lender’s Alternative Currency Tranche Revolving A Commitment. The amount of the Revolving A Commitment of all of the Revolving A Lenders on the Closing Date shall be $3,000,000,000. 

“Revolving A Exposure” means, as to any Lender at any time, the sum of such Lender’s U.S. Tranche
Revolving A Exposure and such Lender’s Alternative Currency Tranche Revolving A Exposure. 
 “Revolving A
Facility” means, at any time, the aggregate amount of the Revolving A Lenders’ Revolving A Commitments at such time. 

“Revolving A Lender” means a U.S. Tranche Revolving A Lender or an Alternative Currency Tranche Revolving A
Lender. 
 “Revolving A Loan” means a U.S. Tranche Revolving A Loan or an Alternative Currency Tranche
Revolving A Loan. 
 “Revolving A Note” means a promissory note made by the Borrower in favor of a
Revolving A Lender evidencing Revolving A Loans, made by such Revolving A Lender, substantially in the form of Exhibit F-1. 

  
 39 

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

“Revolving B Commitment” means, with respect to any Revolving B Lender, the sum of such Lender’s U.S.
Tranche Revolving B Commitment and such Lender’s Alternative Currency Tranche Revolving B Commitment. The amount of the Revolving B Commitment of all of the Revolving B Lenders on the Closing Date shall be $1,000,000,000. 

“Revolving B Exposure” means, as to any Lender at any time, the sum of such Lender’s U.S. Tranche
Revolving B Exposure and such Lender’s Alternative Currency Tranche Revolving B Exposure. 
 “Revolving B
Facility” means, at any time, the aggregate amount of the Revolving Lenders’ Revolving B Commitments at such time. 

“Revolving B Lender” means a U.S. Tranche Revolving B Lender or an Alternative Currency Tranche Revolving B
Lender. 
 “Revolving B Loan” means a U.S. Tranche Revolving B Loan or an Alternative Currency Tranche
Revolving B Loan. 
 “Revolving B Note” means a promissory note made by the Borrower in favor of a
Revolving B Lender evidencing Revolving B Loans, made by such Revolving B Lender, substantially in the form of Exhibit F-2. 

“Revolving Borrowing” means a Revolving A Borrowing or a Revolving B Borrowing. 

“Revolving Commitment(s)” means, individually, the Revolving A Commitment or the Revolving B Commitment, and
together, the Revolving A Commitment and the Revolving B Commitments. The aggregate amount of the Revolving Commitment of all of the Revolving Lenders on the Closing Date shall be $4,000,000,000. 

“Revolving Exposure” means Revolving A Exposure and Revolving B Exposure. 

“Revolving Facility” means, at any time, the aggregate amount of the Revolving A Facility and/or the
Revolving B Facility at such time, as the context may require. 
 “Revolving Facility Increase” has the
meaning assigned to such term in Section 2.16(a). 
 “Revolving Increase Request” has the meaning
assigned to such term in Section 2.16(a). 
 “Revolving Lender” means a Revolving A Lender or a
Revolving B Lender. 
 “Revolving Loan” means a Revolving A Loan or a Revolving B Loan. 

“Revolving Note” means a Revolving A Note or a Revolving B Note. 

  
 40 

 “RFR” means, for any RFR Loan denominated in
(a) Sterling, SONIA and (b) Swiss Francs, SARON. 
 “RFR Business Day” means, for any Loan
denominated in (a) Sterling, any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which banks are closed for general business in London and (b) Swiss Francs, any day except for (i) a Saturday, (ii) a
Sunday or (iii) a day on which banks are closed for the settlement of payments and foreign exchange transactions in Zurich. 

“RFR Interest Day” has the meaning ascribed thereto in the definition of “Daily Simple RFR”. 

“RFR Loan” means a Loan that bears interest at a rate based on Daily Simple RFR. 

“S&P” means Standard & Poor’s Financial Services LLC, a subsidiary of S&P Global Inc.,
and any successor thereto. 
 “Same Day Funds” means (a) with respect to disbursements and payments in
Dollars, immediately available funds and (b) with respect to disbursements and payments in an Alternative Currency, same day or other funds as may be determined by the Administrative Agent or the L/C Issuer, as applicable, to be customary in
the place of disbursement or payment for the settlement of international banking transactions in such Alternative Currency. 

“Sanction(s)” has the meaning ascribed to it in Section 5.18(a). 

“SARON” means, with respect to any Business Day, a rate per annum equal to the Swiss Average Rate Overnight
for such Business Day published by the SARON Administrator on the SARON Administrator’s Website. 
 “SARON
Administrator” means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight). 

“SARON Administrator’s Website” means SIX Swiss Exchange AG’s website, currently at https://www.six-group.com, or any successor source for the Swiss Average Rate Overnight identified as such by the SARON Administrator from time to time. 

“Scheduled Principal Payment” means all scheduled principal payments with respect to Indebtedness of the
Borrower and its Subsidiaries on a Consolidated basis (excluding any balloon or final payment) without giving effect to any reduction in such scheduled principal payments as a result of any voluntary or mandatory prepayment with respect thereto made
in the same period in which such principal payment was scheduled to be made. For purposes of determining Scheduled Principal Payments, Indebtedness shall not include security deposits, accrued liabilities or prepaid rent, each as defined in
accordance with GAAP. 
 “Scope 1” means direct greenhouse gas emissions relating to natural gas, transport
fuel and refrigerants (or other similar categories) as disclosed in the annual Sustainability Report. 
 “Scope
2” means indirect greenhouse gas emissions relating to purchased electricity and purchased chilled water refrigerants (or other similar categories) as disclosed in the annual Sustainability Report. 

  
 41 

 “SEC” means the Securities and Exchange Commission. 

“Secured Debt” means that portion of Consolidated Total Indebtedness that is subject to a Lien (other than
Permitted Liens). 
 “Secured Debt Ratio” means, on the last day of any fiscal quarter, the ratio of
(a) Secured Debt outstanding on such date to (b) Consolidated Total Asset Value as of such date. Notwithstanding anything to the contrary contained herein, for the purposes of this ratio, the aggregate amount of all unrestricted cash and
cash equivalents on such date deducted from Secured Debt pursuant to the definition of Consolidated Total Indebtedness shall exclude the aggregate amount of all such unrestricted cash and cash equivalents used to determine the Unsecured Leverage
Ratio as of such date. 
 “Significant Acquisition” means the acquisition (in one or a series of related
transactions) of all or substantially all of the assets or Equity Interests of a Person or any division, line of business or business unit of a Person for an aggregate consideration (whether in the form of cash, securities, goodwill, or otherwise)
in excess of $450,000,000. 
 “SOFR” means, for any Business Day, a rate per annum equal to the secured
overnight financing rate for such Business Day published by the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate) on the website of the Federal Reserve Bank of New York, currently at
http://www.newyorkfed.org. (or any successor source for the secured overnight financing rate identified as such by the administrator of the secured overnight financing rate from time to time), on the immediately succeeding Business Day. 

“Solvent” and “Solvency” mean, with respect to the Borrower on any date of determination,
that on such date (a) the fair value of the assets of the Borrower and its Subsidiaries, on a consolidated basis, exceeds, on a consolidated basis, their debts and liabilities, subordinated, contingent or otherwise, (b) the present fair
saleable value of the property of the Borrower and its Subsidiaries, on a consolidated basis, is greater than the amount that will be required to pay the probable liability, on a consolidated basis, of their debts and other liabilities,
subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured, (c) the Borrower and its Subsidiaries, on a consolidated basis, are able to pay their debts and liabilities, subordinated, contingent or
otherwise, as such liabilities become absolute and matured and (d) the Borrower and its Subsidiaries, on a consolidated basis, are not engaged in, and are not about to engage in, business for which they have unreasonably small capital. The
amount of any contingent liability at any time shall be computed as the amount that would reasonably be expected to become an actual and matured liability. 

“SONIA” means, with respect to any Business Day, a rate per annum equal to the Sterling Overnight Index
Average for such Business Day published by the SONIA Administrator on the SONIA Administrator’s Website. 

“SONIA Administrator” means the Bank of England (or any successor administrator of the Sterling Overnight
Index Average). 
 “SONIA Administrator’s Website” means the Bank of England’s website, currently
at http://www.bankofengland.co.uk, or any successor source for the Sterling Overnight Index Average identified as such by the SONIA Administrator from time to time. 

  
 42 

 “Spot Rate” for a currency means the rate determined by the
Administrative Agent or the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading
office at approximately 11:00 a.m. (London time) on the date two (2) Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent or the L/C Issuer may obtain such spot rate
from another financial institution designated by the Administrative Agent or the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and provided,
further that the L/C Issuer may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Letter of Credit denominated in an Alternative Currency. 

“Sterling” and “£” mean the lawful currency of the United Kingdom. 

“Subsidiary” means, with respect to any Person, any corporation, partnership, joint venture or other entity,
whether now existing or hereafter organized or acquired: (a) in the case of a corporation, of which a majority of the securities having ordinary voting power for the election of directors (other than securities having such power only by reason
of the happening of a contingency) are at the time owned by such Person and/or one or more Subsidiaries of such Person, (b) in the case of a partnership or other entity, in which such Person is a general partner or of which a majority of the
partnership or other equity interests are at the time owned by such Person and/or one or more of its Subsidiaries, or (c) in the case of a joint venture, in which such Person is a joint venturer and of which a majority of the ownership
interests are at the time owned by such Person and/or one or more of its Subsidiaries. Unless the context otherwise requires, references in this Agreement to “Subsidiary” or “Subsidiaries” shall be deemed to be references to a
Subsidiary or Subsidiaries of the Borrower. 
 “Supported QFC” has the meaning assigned to such term in
Section 10.22. 
 “Surviving Company” has the meaning assigned to such term in the definition of
“Merger with No Actual Change in Control” contained in this Section 1.01. 
 “Sustainability
Metric” means the percentage change of the Borrower’s Sustainability Metric Components for a given fiscal year relative to the Sustainability Metric Baseline. 

“Sustainability Metric Annual Certificate” means a certificate substantially in the form of Exhibit J (or
such other form as may be approved by the Administrative Agent) and signed by a Responsible Officer; provided that the Borrower may, but shall not be required to, include a certification regarding whether or not the Sustainability Metric Election
Threshold has been satisfied as of December 31 of the then most recently ended fiscal year (commencing with the fiscal year ending December 31, 2021) in any Compliance Certificate delivered by the Borrower from time to time pursuant to
Section 6.02(a), and any Compliance Certificate containing such a certification shall be deemed to be the Sustainability Metric Annual Certificate for the fiscal year most recently ended prior to the delivery of such Compliance Certificate.

 “Sustainability Metric Baseline” means the Borrower’s Sustainability Metric Components as set forth
in the Borrower’s Sustainability Report for the fiscal year ended December 31, 2020. 

  
 43 

 “Sustainability Metric Components” means for any fiscal
year of the Borrower, (a) the total Scope 1 and Scope 2 greenhouse gas emissions of the Borrower and its Subsidiaries during such fiscal year minus (b) qualified emissions offsets (including, but not limited to, renewable energy
certificates) of the Borrower and its Subsidiaries during such fiscal year (including any such offsets in which Borrower and/or any of its Subsidiaries has an interest including as a result of purchasing environmental attributes of projects other
than those owned directly by the Borrower and/or any Subsidiary), in each case, as set forth in the Sustainability Report of such fiscal year. 

“Sustainability Metric Election Threshold” means, with respect to any fiscal year of the Borrower listed in
the first column of the table set forth below, the percentage change specified opposite such fiscal year in the table below: 
  

			
	Fiscal Year	  	Required Sustainability Metric
Reduction
	
2021
	  	-1.00%
	
2022
	  	-2.00%
	
2023
	  	-3.00%
	
2024 and thereafter
	  	-4.00%

 “Sustainability Metric Pricing Grid” has the meaning assigned to such term in
the definition of “Applicable Rate”. 
 “Sustainability Report” means the annual non-financial disclosure form according to the GRI Standard for Sustainability Reporting publicly reported by the Borrower and published on an Internet or intranet website to which each Lender and the Administrative
Agent have been granted access. 
 “Swap Contract” means (a) any and all rate swap transactions, basis
swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward
bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency
options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement
and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc.,
any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any
Master Agreement. 
 “Swap Termination Value” means, in respect of any one or more Swap Contracts, after
taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and 

  
 44 

 
termination value(s) determined in accordance therewith, such termination value(s) and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations
provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 

“Swiss Francs” means the lawful currency of Switzerland. 

“Synthetic Lease Obligation” means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease or (b) any similar off-balance sheet financing product that is
considered borrowed money indebtedness for tax purposes but classified as an operating lease under GAAP. 
 “TARGET
Day” means any day on which TARGET2 (or, if such payment system ceases to be operative, such other payment system, if any, determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro.

 “TARGET2” means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system
which utilizes a single shared platform and which was launched on November 19, 2007. 
 “Taxes” means
all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable
thereto. 
 “Term Borrowing” means a Canadian Term Borrowing or a U.S. Term Borrowing. 

“Term Commitment” means a Canadian Term Commitment or a U.S. Term Commitment. 

“Term Facility(ies)” means collectively, the Canadian Term Facility and the U.S. Term Facility and
individually, either such Facility. 
 “Term Lender” means a Canadian Term Lender or a U.S. Term Lender.

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

“Term Note” means a Canadian Term Note or a U.S. Term Note. 

“Term SOFR” means, for the applicable corresponding tenor, the forward-looking term rate based on SOFR that
has been selected or recommended by the Relevant Governmental Body. 
 “Term TONA” means, for the
applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on TONA that has been selected or recommended by the Relevant Governmental Body. 

“Threshold Amount” means, with respect to Recourse Indebtedness, $150,000,000. 

“TIBOR” has the meaning assigned to such term in the definition of Eurocurrency Rate. 

  
 45 

 “TIBOR Rate” has the meaning assigned to such term in the
definition of Eurocurrency Rate. 
 “TONA” means, with respect to any Business Day, a rate per annum equal
to the Tokyo Overnight Average Rate for such Business Day published by the TONA Administrator on the TONA Administrator’s Website. 

“TONA Administrator” means the Bank of Japan (or any successor administrator of the Tokyo Overnight Average
Rate). 
 “TONA Administrator’s Website” means the Bank of Japan’s website, currently at
http://www.boj.or.jp, or any successor source for the Tokyo Overnight Average Rate identified as such by the TONA Administrator from time to time. 

“Total Alternative Currency Credit Exposure” means, as to any Lender at any time, the unused Alternative
Currency Tranche Revolving A Commitment, the unused Alternative Currency Tranche Revolving B Commitment, the Alternative Currency Tranche Revolving A Exposure and the Alternative Currency Tranche Revolving B Exposure of such Lender at such time.

 “Total Asset Value” means an amount equal to (a) all assets of a Person and its Subsidiaries as
determined in accordance with GAAP plus (b) all accumulated depreciation associated with such assets minus (c) Intangible Assets. 

“Total Credit Exposure” means, as to any Lender at any time, the unused Commitments, Revolving Exposure and
Outstanding Amount of all Term Loans of such Lender at such time. 
 “Total Revolving A Outstandings” means
the aggregate Outstanding Amount of all Revolving A Loans, Bid Loans issued under the Revolving A Facility and L/C Obligations issued under the Revolving A Facility. 

“Total Revolving B Outstandings” means the aggregate Outstanding Amount of all Revolving B Loans, Bid Loans
issued under the Revolving B Facility and L/C Obligations issued under the Revolving B Facility. 
 “Total Revolving
Outstandings” means the aggregate Outstanding Amount of all Revolving A Loans, Revolving B Loans, Bid Loans and L/C Obligations. 

“Type” means, with respect to a Loan, its character as a Base Rate Loan a Eurocurrency Rate Loan or an RFR
Loan. 
 “U.S. Government Securities Business Day” means any business day, except any business day on which
any of the Securities Industry and Financial Markets Association, the New York Stock Exchange or the Federal Reserve Bank of New York is not open for business because such day is a legal holiday under the federal laws of the United States or the
laws of the State of New York, as applicable. 
 “U.S. Person” means any Person that is a “United
States Person” as defined in Section 7701(a)(30) of the Code. 

  
 46 

 “U.S. Special Resolution Regimes” has the meaning assigned
to such term in Section 10.22. 
 “U.S. Tax Compliance Certificate” has the meaning assigned to such
term in Section 3.01(f)(ii)(B)(3). 
 “U.S. Term Borrowing” means a borrowing consisting of
simultaneous U.S. Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the U.S. Term Lenders pursuant to Section 2.01(a)(i). 

“U.S. Term Commitment” means, as to each U.S. Term Lender, its obligation to make a U.S. Term Loan to
the Borrower pursuant to Section 2.01(a)(i) in an aggregate principal amount equal to the amount set forth opposite such U.S. Term Lender’s name on Schedule 1.01(b) under the caption “U.S. Term Commitment” or opposite such
caption in the Assignment and Assumption pursuant to which such U.S. Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of the U.S. Term
Commitment of all of the U.S. Term Lenders on the Closing Date shall be $500,000,000. 
 “U.S. Term
Facility” means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the U.S. Term Commitments at such time and (b) thereafter, the aggregate principal amount of the U.S. Term Loans of all U.S. Term Lenders
outstanding at such time. 
 “U.S. Term Lender” means (a) at any time on or prior to the
Closing Date, any Lender that has a U.S. Term Commitment at such time and (b) at any time after the Closing Date, any Lender that holds U.S. Term Loans at such time. 

“U.S. Term Loan” has the meaning assigned to such term in Section 2.01(a)(i). 

“U.S. Term Note” means a promissory note made by the Borrower in favor of a U.S. Term Lender,
evidencing U.S. Term Loans made by such U.S. Term Lender, substantially in the form of Exhibit F-4. 

“U.S. Tranche L/C Exposure” means, at any time, (i) the aggregate undrawn amount of all outstanding U.S.
Tranche Letters of Credit at such time and (ii) the aggregate amount of all L/C Disbursements in respect of U.S. Tranche Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The U.S. Tranche L/C
Exposure of any Revolving Lender at any time shall be its Applicable U.S. Tranche Percentage of the total U.S. Tranche L/C Exposure at such time. 

“U.S. Tranche Letter of Credit” means a Letter of Credit denominated in Dollars. 

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

“U.S. Tranche Revolving A Commitment” means, as to each U.S. Tranche Revolving A Lender, its obligation to
(a) make U.S. Tranche Revolving A Loans to the Borrower pursuant to 

  
 47 

 
Section 2.01(b)(i)(A), and (b) purchase participations in L/C Obligations in respect of U.S. Tranche Letters of Credit, in an aggregate principal amount at any one time outstanding
which does not exceed the Dollar amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “U.S. Tranche Revolving A Commitment” or opposite such caption in the Assignment and Assumption pursuant to
which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of U.S. Tranche Revolving A Commitments of all U.S. Tranche Revolving A Lenders on the
Closing Date shall be $2,250,000,000. 
 “U.S. Tranche Revolving A Exposure” means, as to any U.S. Tranche
Revolving A Lender at any time, (i) the Outstanding Amount at such time of such Lender’s U.S. Tranche Revolving A Loans, plus (ii) the Outstanding Amount at such time of such Lender’s Bid Loans allocated to the Revolving A
Facility, plus (iii) the Outstanding Amount of such Lender’s participation in L/C Obligations with respect to U.S. Tranche Letters of Credit allocated to the Revolving A Facility, in each case, at such time. 

“U.S. Tranche Revolving A Lender” means, at any time, (a) so long as any U.S. Tranche Revolving A
Commitment is in effect, any Lender that has a U.S. Tranche Revolving A Commitment at such time or (b) if the U.S. Tranche Revolving A Commitments have terminated or expired, any Lender that has a U.S. Tranche Revolving A Loan, a Bid Loan or a
participation in L/C Obligations with respect to U.S. Tranche Letters of Credit at such time. 
 “U.S. Tranche
Revolving A Loan” has the meaning assigned to such term in Section 2.01(b)(i)(A). 
 “U.S. Tranche
Revolving B Borrowing” means a borrowing consisting of simultaneous U.S. Tranche Revolving B Loans of the same Type, and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the U.S. Tranche Revolving B
Lenders pursuant to Section 2.01(b)(ii)(A). 
 “U.S. Tranche Revolving B Commitment” means, as to each
U.S. Tranche Revolving B Lender, its obligation to (a) make U.S. Tranche Revolving B Loans to the Borrower pursuant to Section 2.01(b)(ii)(A), and (b) purchase participations in L/C Obligations in respect of U.S. Tranche Letters of
Credit, in an aggregate principal amount at any one time outstanding which does not exceed the Dollar amount set forth opposite such Lender’s name on Schedule 1.01(b) under the caption “U.S. Tranche Revolving B Commitment” or opposite
such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of U.S. Tranche Revolving B
Commitments of all of the U.S. Tranche Revolving B Lenders on the Closing Date shall be $750,000,000. 
 “U.S.
Tranche Revolving B Exposure” means, as to any U.S. Tranche Revolving B Lender at any time, (i) the Outstanding Amount at such time of such Lender’s U.S. Tranche Revolving B Loans, plus (ii) the Outstanding Amount at
such time of such Lender’s Bid Loans allocated to the Revolving B Facility, plus (iii) the Outstanding Amount of such Lender’s participation in L/C Obligations with respect to U.S. Tranche Letters of Credit allocated to the
Revolving B Facility, in each case, at such time. 

  
 48 

 “U.S. Tranche Revolving B Lender” means, at any time,
(a) so long as any U.S. Tranche Revolving B Commitment is in effect, any Lender that has a U.S. Tranche Revolving B Commitment at such time or (b) if the U.S. Tranche Revolving B Commitments have terminated or expired, any Lender that has
a U.S. Tranche Revolving B Loan, a Bid Loan or a participation in L/C Obligations with respect to U.S. Tranche Letters of Credit at such time. 

“U.S. Tranche Revolving B Loan” has the meaning assigned to such term in Section 2.01(b)(ii)(A). 

“U.S. Tranche Revolving Borrowing” means a U.S. Tranche Revolving A Borrowing or a U.S. Tranche Revolving B
Borrowing. 
 “U.S. Tranche Revolving Commitment” means a U.S. Tranche Revolving A Commitment or a U.S.
Tranche Revolving B Commitment. The aggregate amount of the U.S. Tranche Revolving Commitment of all U.S. Tranche Revolving Lenders on the Closing Date shall be $3,000,000,000. 

“U.S. Tranche Revolving Exposure” means U.S. Tranche Revolving A Exposure or U.S. Tranche Revolving B
Exposure. 
 “U.S. Tranche Revolving Lender” means a U.S. Tranche Revolving A Lender or a U.S. Tranche
Revolving B Lender. 
 “U.S. Tranche Revolving Loan” means a U.S. Tranche Revolving A Loan or a U.S.
Tranche Revolving B Loan. 
 “UCC” means the Uniform Commercial Code as in effect in the State of New
York; provided that, if perfection or the effect of perfection or non-perfection or the priority of any security interest in any collateral is governed by the Uniform Commercial Code as in effect in a
jurisdiction other than the State of New York, “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection
or non-perfection or priority. 
 “UCP” means, with respect to any
Letter of Credit, the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce (“ICC”) Publication No. 600 (or such later version thereof as may be in effect at the time of issuance of such Letter
of Credit). 
 “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA
Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct
Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 

“UK Resolution Authority” means the Bank of England or any other public administrative authority having
responsibility for the resolution of any UK Financial Institution. 
 “Unadjusted Benchmark Replacement”
means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. 

  
 49 

 “Unencumbered Asset Value” means the sum of (a) the
aggregate net book value, as determined in accordance with GAAP, of all real property of a Person that is not subject to a Mortgage Lien, plus (b) all accumulated depreciation and amortization with respect to such real properties, plus
(c) unrestricted cash and cash equivalents of such Person, plus (d) the sum of (i) unencumbered mezzanine and mortgage loan receivables (at the value reflected in the consolidated financial statements of the Borrower, in accordance
with GAAP, as of such date, including the effect of any impairment charges) and (ii) unencumbered marketable securities (at the value reflected in the consolidated financial statements of the Borrower, in accordance with GAAP, as of such date,
including the effect of any impairment charges), provided that the items described in this clause (ii) and in the preceding clause (i) shall not be taken into account to the extent that the amounts of such items exceed, in the
aggregate, 20% of Unencumbered Asset Value. 
 “United States” and “U.S.” mean the United
States of America. 
 “Unreimbursed Amount” has the meaning assigned to such term in
Section 2.03(c)(i). 
 “Unsecured Debt” means that portion of Consolidated Total Indebtedness that is
not Secured Debt or a Guarantee of Secured Debt. 
 “Unsecured Leverage Ratio” means, on the last day of
any fiscal quarter, the ratio of (a) Unsecured Debt outstanding on such date to (b) Consolidated Unencumbered Asset Value as of such date. Notwithstanding anything to the contrary contained herein, for the purposes of this ratio, the
aggregate amount of all unrestricted cash and cash equivalents on such date deducted from Unsecured Debt pursuant to the definition of Consolidated Total Indebtedness shall exclude the aggregate amount of all such unrestricted cash and cash
equivalents used to determine the Secured Debt Ratio as of such date. 
 “USD LIBOR” means the London
interbank offered rate for U.S. dollars. 
 “Withholding Agent” means the Borrower and the Administrative
Agent. 
 “Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority,
the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described
in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation
to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that
person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers. 

“Yen” and “¥” mean the lawful currency of Japan. 

  
 50 

 Section 1.02    Other Interpretive
Provisions. 
 With reference to this Agreement and each other Loan Document, unless otherwise specified herein or
in such other Loan Document: 
 (a)        The definitions of terms herein shall
apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and
“including” shall be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise,
(i) any definition of or reference to any agreement, instrument or other document (including the Loan Documents and any Organization Document) shall be construed as referring to such agreement, instrument or other document as from time to time
amended, amended and restated, modified, extended, restated, replaced or supplemented from time to time (subject to any restrictions on such amendments, supplements or modifications set forth herein or in any other Loan Document), (ii) any
reference herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words “hereto,” “herein,” “hereof” and “hereunder,” and words of similar import when used
in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any particular provision thereof, (iv) all references in a Loan Document to Articles, Sections, Preliminary Statements, Exhibits and Schedules
shall be construed to refer to Articles and Sections of, and Preliminary Statements, Exhibits and Schedules to, the Loan Document in which such references appear, (v) any reference to any law shall include all statutory and regulatory rules,
regulations, orders and provisions consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified, refer to such law or regulation as amended, modified, extended, restated,
replaced or supplemented from time to time and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including
cash, securities, accounts and contract rights. 
 (b)        In the computation of
periods of time from a specified date to a later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through”
means “to and including.” 
 (c)        Section headings herein and in
the other Loan Documents are included for convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 

Section 1.03    Accounting Terms. 

(a)        Generally. All accounting terms not specifically or completely
defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a
consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Financial Statements, except as otherwise specifically prescribed herein and except that all covenants that involve GAAP shall be
computed in accordance with GAAP in effect on the Closing Date. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of the
Borrower and its Subsidiaries shall be 

  
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deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 on financial liabilities shall be disregarded. 

(b)        Changes in GAAP. Other than as set forth above, if at any time any
change in GAAP would affect any requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such
requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such requirement shall continue to be computed in accordance with GAAP
prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders such other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between
calculations of such requirement made before and after giving effect to such change in GAAP. 

Section 1.04    Rounding. 

Any financial ratios required to be maintained by the Borrower pursuant to this Agreement shall be calculated by dividing the
appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a
rounding-up if there is no nearest number). 

Section 1.05    Times of Day. 

Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or standard,
as applicable). 
 Section 1.06    Exchange Rates; Currency Equivalents. 

(a)        The Administrative Agent or the L/C Issuer, as applicable, shall determine
the Spot Rates as of each Revaluation Date to be used for calculating the Dollar Equivalent of L/C Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date
and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered hereunder or calculating covenants hereunder or except
as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent as so determined by the Administrative Agent or the L/C Issuer, as applicable. 

(b)        Wherever in this Agreement in connection with a Revolving Borrowing,
conversion, continuation or prepayment of a Eurocurrency Rate Loan or an RFR Loan or the issuance, amendment or extension of a Letter of Credit, an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Revolving
Borrowing, Eurocurrency Rate Loan, RFR Loan or Letter of Credit is denominated in an Alternative Currency, such amount shall be the relevant Alternative Currency Equivalent of such Dollar amount (rounded to the nearest unit of such Alternative
Currency, with 0.5 of a unit being rounded upward), as determined by the Administrative Agent or the L/C Issuer, as the case may be. 

  
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 (c)        The Administrative Agent
does not warrant, or accept responsibility for, nor shall the Administrative Agent have any liability with respect to, the administration, submission or any other matter related to the rates in the definition of “Eurocurrency Rate” or with
respect to any comparable or successor rate thereto. 
 Section 1.07    Additional
Alternative Currencies. 
 (a)        The Borrower may from time to time
request that Alternative Currency Tranche Revolving Loans be made and/or Alternative Currency Tranche Letters of Credit be issued in a currency other than those specifically listed in the definition of “Alternative Currency;”
provided that (i) such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars and (ii) such requested currency shall only be treated as a
“LIBOR Quoted Currency” to the extent that there is published LIBOR rate for such currency. In the case of any such request with respect to the making of Alternative Currency Tranche Revolving Loans, such request shall be subject to the
approval of the Administrative Agent and each Lender with a Commitment under which such currency is requested to be made available; and in the case of any such request with respect to the issuance of Alternative Currency Tranche Letters of Credit,
such request shall be subject to the approval of the Administrative Agent and the L/C Issuer. 

(b)        Any such request shall be made to the Administrative Agent not later than
11:00 a.m., twenty (20) Business Days prior to the date of the desired Credit Extension (or such other time or date as may be agreed by the Administrative Agent and, in the case of any such request pertaining to Alternative Currency
Tranche Letters of Credit, the L/C Issuer, in its or their sole discretion). In the case of any such request pertaining to Alternative Currency Tranche Revolving Loans, the Administrative Agent shall promptly notify each Alternative Currency Tranche
Revolving Lender thereof; and in the case of any such request pertaining to Alternative Currency Tranche Letters of Credit, the Administrative Agent shall promptly notify the L/C Issuer thereof. Each Alternative Currency Tranche Revolving Lender (in
the case of any such request pertaining to Alternative Currency Tranche Revolving Loans) or the L/C Issuer (in the case of a request pertaining to Alternative Currency Tranche Letters of Credit) shall notify the Administrative Agent, not later than
11:00 a.m., ten (10) Business Days after receipt of such request whether it consents, in its sole discretion, to the making of Alternative Currency Tranche Revolving Loans or the issuance of Letters of Credit, as the case may be, in such
requested currency and whether it is able to fund in such requested currency. 

(c)        Any failure by an Alternative Currency Tranche Revolving Lender or the L/C
Issuer, as the case may be, to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Lender or the L/C Issuer, as the case may be, to permit Alternative Currency Tranche Revolving
Loans to be made or Alternative Currency Tranche Letters of Credit to be issued in such requested currency. If the Administrative Agent and the Required Alternative Currency Tranche Revolving Lenders consent to making Alternative Currency Tranche
Revolving Loans in such requested currency, and the Administrative Agent and such Lenders reasonably determine that an appropriate interest rate is available to be used for such requested currency, the Administrative Agent shall so notify the
Borrower and (i) the Administrative Agent and such Lenders may amend the definition of Eurocurrency Rate for any Non-LIBOR Quoted Currency to the extent necessary to add the applicable Eurocurrency Rate
for such currency and (ii) to the extent the definition of Eurocurrency 

  
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Rate reflects the appropriate interest rate for such currency or has been amended to reflect the appropriate rate for such currency, such currency shall thereupon be deemed for all purposes to be
an Alternative Currency hereunder for purposes of any Borrowings of Alternative Currency Tranche Eurocurrency Rate Loans; and if the Administrative Agent and the L/C Issuer consent to the issuance of Alternative Currency Tranche Letters of Credit in
such requested currency, the Administrative Agent shall so notify the Borrower and (A) the Administrative Agent and the L/C Issuer may amend the definition of Eurocurrency Rate for any Non-LIBOR Quoted
Currency to the extent necessary to add the applicable Eurocurrency Rate for such currency and (B) to the extent the definition of Eurocurrency Rate reflects the appropriate interest rate for such currency or has been amended to reflect the
appropriate rate for such currency such currency shall thereupon be deemed for all purposes to be an Alternative Currency hereunder for purposes of any Alternative Currency Tranche Letter of Credit issuances. In the event that an Alternative
Currency Tranche Revolving Lender shall have notified the Administrative Agent, as provided in Section 1.07(b), that it is not able to fund in the requested currency, such Alternative Currency Tranche Revolving Lender shall have no obligation
to make Loans in such requested currency. If the Administrative Agent shall fail to obtain consent to any request for an additional currency under this Section 1.07, the Administrative Agent shall promptly so notify the Borrower. Any specified
currency of an Existing Letter of Credit that is neither Dollars nor one of the Alternative Currencies specifically listed in the definition of “Alternative Currency” shall be deemed an Alternative Currency with respect to such Existing
Letter of Credit only. 
 Section 1.08    Change of Currency. 

(a)        Each obligation of the Borrower to make a payment denominated in the
national currency unit of any Participating Member State of the European Union that adopts the Euro as its lawful currency after the date hereof shall be redenominated into Euro at the time of such adoption (in accordance with the EMU Legislation).
If, in relation to the currency of any such Participating Member State, the basis of accrual of interest expressed in this Agreement in respect of that currency shall be inconsistent with any convention or practice in the London interbank market for
the basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such Participating Member State adopts the Euro as its lawful currency; provided
that if any Borrowing in the currency of such Participating Member State is outstanding immediately prior to such date, such replacement shall take effect, with respect to such Borrowing, at the end of the then current Interest Period. 

(b)        Each provision of this Agreement shall be subject to such reasonable
changes of construction as the Administrative Agent may from time to time specify to be appropriate to reflect the adoption of the Euro by any member state of the European Union and any relevant market conventions or practices relating to the Euro.

 (c)        Each provision of this Agreement also shall be subject to such
reasonable changes of construction as the Administrative Agent may from time to time specify to be appropriate to reflect a change in currency of any other country and any relevant market conventions or practices relating to the change in currency.

  
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 Section 1.09    Letter of
Credit Amounts. 
 Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed
to be the Dollar Equivalent of the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto,
provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the Dollar Equivalent of the maximum stated amount of such Letter of Credit after giving effect to all such
increases, whether or not such maximum stated amount is in effect at such time. 

Section 1.10    Pro Forma Calculations. 

For the purpose of calculating Consolidated EBITDA and Consolidated Fixed Charges for any period, if during such period the
Borrower or any Subsidiary shall have made a Significant Acquisition or disposition involving consideration in excess of $450,000,000, Consolidated EBITDA and Consolidated Fixed Charges shall be calculated giving pro forma effect (in accordance with
Article 11 of Regulation S-X under the Securities Act of 1933, as amended) thereto as if such Significant Acquisition or material disposition occurred on the first day of such period. 

Section 1.11    Divisions. 

For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any
comparable event under a different jurisdiction’s laws), if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from
the original Person to the subsequent Person. 
 Section 1.12    LIBOR
Notification. 
 The interest rate on Eurocurrency Rate Loans is determined by reference to LIBOR, which is derived
from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial
Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the
“IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate
reference rate upon which to determine the interest rate on Eurocurrency Rate Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in
place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 3.07 of this Agreement, such Section 3.07 provides a mechanism
for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 3.07, in advance of any change to the reference rate upon which the interest rate on Eurocurrency Rate Loans is based.
However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission 

  
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or any other matter related to LIBOR or with respect to any alternative or successor benchmark thereto, or replacement rate therefor or thereof, including, without limitation, whether the
composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 3.07, will be similar to, or produce the same value or economic equivalence of, LIBOR or any
other benchmark or have the same volume or liquidity as did LIBOR or any other benchmark rate prior to its discontinuance or unavailability. 

ARTICLE II 

COMMITMENTS AND CREDIT EXTENSIONS 

Section 2.01    Loans. 

(a)        Term Borrowings. 

(i)        U.S. Term Loan. Pursuant to the terms of the Existing Credit
Agreement, on the Closing Date (as defined in the Existing Credit Agreement), each U.S. Term Lender made a single loan to the Borrower (such loans the “Existing U.S. Term Loans”; and together with each loan, if any, made under the
Incremental U.S. Term Commitments, referred to individually as a “U.S. Term Loan” and, collectively, the “U.S. Term Loans”), in Dollars, in an aggregate amount equal to such U.S. Term Lender’s U.S. Term
Commitment (as defined in the Existing Credit Agreement). The principal amount of the Existing U.S. Term Loans made under the Existing Credit Agreement that remain outstanding as of the Closing Date shall constitute U.S. Term Loans hereunder. On and
after the Closing Date, all Existing U.S. Term Loans made under the Existing Credit Agreement shall be deemed to be U.S. Term Loans made under this Agreement and shall be subject to all the terms and conditions hereof. In addition, in the event of
the establishment of one or more Incremental U.S. Term Commitments as provided in Section 2.17, each Incremental U.S. Term Lender hereby severally agrees, on the terms and subject to the conditions of this Agreement, to make a single U.S. Term
Loan to the Borrower on the effective date of the establishment of each such Incremental U.S. Term Commitment, in a principal amount equal to such Incremental U.S. Term Lender’s (i) increase to its U.S. Term Commitment or (ii) U.S.
Term Commitment, as applicable. Each U.S. Term Borrowing shall consist of U.S. Term Loans made simultaneously by the U.S. Term Lenders. After giving effect to each U.S. Term Loan the Outstanding Amount of all U.S. Term Loans shall not exceed the
U.S. Term Facility as then in effect. U.S. Term Borrowings prepaid or repaid, in whole or in part, may not be reborrowed. U.S. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein; provided, however,
any U.S. Term Borrowing made on the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative Agent not less than three (3) Business Days prior to the date of such U.S. Term
Borrowing. 
 (ii)        Canadian Term Loan. Pursuant to the terms of the
Existing Credit Agreement, on the Closing Date (as defined in the Existing Credit Agreement), each Canadian Term Lender made a single loan to the Borrower (such loans the “Existing Canadian Term Loans”; and together with each such
loan and each loan, if any, made under the Incremental Canadian Term Commitments, referred to individually as a “Canadian Term Loan” and, collectively, the “Canadian Term Loans”), in Canadian Dollars, in an
aggregate amount equal to such Canadian Term Lender’s Canadian Term Commitment (as defined in the Existing Credit Agreement). The 

  
 56 

 
principal amount of the Existing Canadian Term Loans made under the Existing Credit Agreement that remain outstanding as of the Closing Date shall constitute Canadian Term Loans hereunder. On and
after the Closing Date, all Existing Canadian Term Loans made under the Existing Credit Agreement shall be deemed to be Canadian Term Loans made under this Agreement and shall be subject to all the terms and conditions hereof. In addition, in the
event of the establishment of one or more Incremental Canadian Term Commitments as provided in Section 2.18, each Incremental Canadian Term Lender hereby severally agrees, on the terms and subject to the conditions of this Agreement, to make a
single Canadian Term Loan to the Borrower on the effective date of the establishment of each such Incremental Canadian Term Commitment, in a principal amount equal to such Incremental Canadian Term Lender’s (i) increase to its Canadian
Term Commitment or (ii) Canadian Term Commitment, as applicable. Each Canadian Term Borrowing shall consist of Canadian Term Loans made simultaneously by the Canadian Term Lenders. After giving effect to each Canadian Term Loan the Outstanding
Amount of all Canadian Term Loans shall not exceed the Canadian Term Facility as then in effect. Canadian Term Borrowings prepaid or repaid, in whole or in part, may not be reborrowed. Canadian Term Loans must consist of Eurocurrency Rate Loans. Any
Canadian Term Borrowing made on the Closing Date shall be subject to the receipt by Administrative Agent of a Funding Indemnity Letter from the Borrower not less than three (3) Business Days prior to the date of such Canadian Term Borrowing.

 (b)        Revolving Borrowings. 

(i)        Revolving A Facility. 

(A)        U.S. Tranche Revolving A Loans. Subject to the terms
and conditions set forth herein, each U.S. Tranche Revolving A Lender severally agrees to make loans (each such loan, a “U.S. Tranche Revolving A Loan”) in Dollars from time to time on any Business Day during the Availability Period
with respect to the U.S. Tranche Revolving A Commitments, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s U.S. Tranche Revolving A Commitment; provided, however, that after giving effect to
any U.S. Tranche Revolving A Borrowing, (i) the U.S. Tranche Revolving A Exposure of any U.S. Tranche Revolving A Lender shall not exceed such U.S. Tranche Revolving A Lender’s U.S. Tranche Revolving A Commitment, (ii) the aggregate
U.S. Tranche Revolving A Exposures shall not exceed the total U.S. Tranche Revolving A Commitments, (iii) the Total Revolving A Outstandings shall not exceed the Revolving A Facility and (iv) the Total Revolving A Outstandings plus the
Total Revolving B Outstandings in the aggregate shall not exceed the Revolving Facility. Within the limits of each U.S. Tranche Revolving A Lender’s U.S. Tranche Revolving A Commitment, and subject to the other terms and conditions hereof, the
Borrower may borrow U.S. Tranche Revolving A Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b)(i)(A). U.S. Tranche Revolving A Loans may consist of Base Rate Loans, Daily Floating Rate Loans or Eurocurrency Rate
Loans, or a combination thereof, as further provided herein. Notwithstanding the preceding sentence, any U.S. Tranche Revolving A Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made
as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative Agent not less than three (3) Business Days prior to the date of such U.S. Tranche Revolving A Borrowing. U.S. Tranche Revolving A Loans may be
repaid and reborrowed in accordance with the provisions hereof. 

  
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 (B)        Alternative Currency
Tranche Revolving A Loans. Subject to the terms and conditions set forth herein, each Alternative Currency Tranche Revolving A Lender severally agrees to make loans (each such loan, an “Alternative Currency Tranche Revolving A
Loan”) in one or more Alternative Currencies from time to time on any Business Day during the Availability Period with respect to the Alternative Currency Tranche Revolving A Commitments, in an aggregate amount not to exceed at any time
outstanding the amount of such Alternative Currency Tranche Revolving A Lender’s Alternative Currency Tranche Revolving A Commitment; provided, however, that after giving effect to any Alternative Currency Tranche Revolving A
Borrowing, (i) the Alternative Currency Tranche Revolving A Exposure of any Alternative Currency Tranche Revolving A Lender shall not exceed such Alternative Currency Tranche Revolving A Lender’s Alternative Currency Tranche Revolving A
Commitment, (ii) the aggregate Alternative Currency Tranche Revolving A Exposures shall not exceed the total Alternative Currency Tranche Revolving A Commitments, (iii) the Total Revolving A Outstandings shall not exceed the Revolving A
Facility and (iv) the Total Revolving A Outstandings plus the Total Revolving B Outstandings in the aggregate shall not exceed the Revolving Facility. Within the limits of each Alternative Currency Tranche Revolving A Lender’s Alternative
Currency Tranche Revolving A Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow Alternative Currency Tranche Revolving A Loans, prepay under Section 2.05, and reborrow under this
Section 2.01(b)(i)(B). Alternative Currency Tranche Revolving A Loans must consist of Eurocurrency Rate Loans or RFR Loans. Notwithstanding the preceding sentence, any Alternative Currency Tranche Revolving A Borrowings made on the Closing Date
or any of the three (3) Business Days following the Closing Date shall be subject to the receipt by the Administrative Agent of a Funding Indemnity Letter from the Borrower not less than three (3) Business Days prior to the date of such
Alternative Currency Tranche Revolving A Borrowing. Alternative Currency Tranche Revolving A Loans may be repaid and reborrowed in accordance with the provisions hereof. 

(ii)        Revolving B Facility. 

(A)        U.S. Tranche Revolving B Loans. Subject to the terms and conditions
set forth herein, each U.S. Tranche Revolving B Lender severally agrees to make loans (each such loan, a “U.S. Tranche Revolving B Loan”) in Dollars from time to time on any Business Day during the Availability Period with respect
to the U.S. Tranche Revolving B Commitments, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s U.S. Tranche Revolving B Commitment; provided, however, that after giving effect to any U.S.
Tranche Revolving B Borrowing, (i) the U.S. Tranche Revolving B Exposure of any U.S. Tranche Revolving B Lender shall not exceed such U.S. Tranche Revolving B Lender’s U.S. Tranche Revolving B Commitment, (ii) the aggregate U.S.
Tranche Revolving B Exposures shall not exceed the total U.S. Tranche Revolving B Commitments, (iii) the Total Revolving B Outstandings shall not exceed the Revolving B Facility and (iv) the Total Revolving A Outstandings plus the Total
Revolving B Outstandings in the aggregate shall not exceed the Revolving Facility. Within the limits of each U.S. Tranche Revolving B Lender’s U.S. Tranche Revolving B Commitment, and subject to the other terms and conditions hereof, the
Borrower may borrow U.S. Tranche Revolving B Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b)(ii)(A). U.S. Tranche Revolving B Loans may consist of Base Rate Loans, Daily Floating Rate Loans or Eurocurrency Rate
Loans, or a combination thereof, as further provided herein. Notwithstanding the preceding sentence, any U.S. Tranche Revolving B Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be

  
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made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative Agent not less than three (3) Business Days prior to the date of such U.S. Tranche
Revolving B Borrowing. U.S. Tranche Revolving B Loans may be repaid and reborrowed in accordance with the provisions hereof. 

(B)        Alternative Currency Tranche Revolving B Loans. Subject to the
terms and conditions set forth herein, each Alternative Currency Tranche Revolving B Lender severally agrees to make loans (each such loan, an “Alternative Currency Tranche Revolving B Loan”) in one or more Alternative Currencies
from time to time on any Business Day during the Availability Period with respect to the Alternative Currency Tranche Revolving B Commitments, in an aggregate amount not to exceed at any time outstanding the amount of such Alternative Currency
Tranche Revolving B Lender’s Alternative Currency Tranche Revolving B Commitment; provided, however, that after giving effect to any Alternative Currency Tranche Revolving B Borrowing, (i) the Alternative Currency Tranche
Revolving B Exposure of any Alternative Currency Tranche Revolving B Lender shall not exceed such Alternative Currency Tranche Revolving B Lender’s Alternative Currency Tranche Revolving B Commitment, (ii) the aggregate Alternative
Currency Tranche Revolving B Exposures shall not exceed the total Alternative Currency Tranche Revolving B Commitments, (iii) the Total Revolving B Outstandings shall not exceed the Revolving B Facility and (iv) the Total Revolving A
Outstandings plus the Total Revolving B Outstandings in the aggregate shall not exceed the Revolving Facility. Within the limits of each Alternative Currency Tranche Revolving B Lender’s Alternative Currency Tranche Revolving B Commitment, and
subject to the other terms and conditions hereof, the Borrower may borrow Alternative Currency Tranche Revolving B Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b)(ii)(B). Alternative Currency Tranche Revolving B
Loans must consist of Eurocurrency Rate Loans or RFR Loans. Notwithstanding the preceding sentence, any Alternative Currency Tranche Revolving B Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing
Date shall be subject to the receipt by the Administrative Agent of a Funding Indemnity Letter from the Borrower not less than three (3) Business Days prior to the date of such Alternative Currency Tranche Revolving B Borrowing. Alternative
Currency Tranche Revolving B Loans may be repaid and reborrowed in accordance with the provisions hereof. 

(c)        Bid Loans Borrowings. 

(i)        General Terms. At any time commencing on the Closing Date and prior
to the Business Day immediately preceding the Maturity Date with respect to the Revolving Facility, the Borrower may request the Revolving Lenders to make offers to make bid loans to the Borrower (each a “Bid Loan”); provided
that (i) the sum of all Bid Loans outstanding shall not exceed the Bid Loan Sublimit, (ii) the Total Revolving A Outstandings shall not exceed the Revolving A Facility, (iii) the Total Revolving B Outstandings shall not exceed the
Revolving B Facility, (iv) the Total Revolving Outstandings shall not exceed the Revolving Facility, (v) the aggregate amount of Bid Loans requested for any date and with the same Interest Period (each a “Bid Loan
Borrowing”) shall be at least $2,000,000 and in integral multiples of $1,000,000 in excess thereof; and (vi) all Interest Periods applicable to Bid Loans shall be subject to and shall comply with the definition of “Interest
Period”. The Revolving Lenders may, but shall have no obligation to, make such offers, and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.01(c). In no event shall Bid
Loans be made to 

  
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the Borrower unless, at the time such Loans are made, two of the three ratings from S&P, Moody’s or Fitch are BBB-or better (Baa3 in the case of
Moody’s). 
 (ii)        Bid Loan Procedures. 

(A)        When the Borrower wishes to request offers to make Bid Loans, it shall
provide telephonic or electronic notice to the Administrative Agent (which shall promptly notify the Revolving Lenders) followed promptly by written notice substantially in the form of Exhibit E-1
(each, a “Bid Loan Quote Request”) duly completed and executed by a duly authorized executive officer of the Borrower, so as to be received no later than 10:00 a.m. on the second Business Day before the proposed funding date (or
such other time and date as the Borrower and the Administrative Agent, with the consent of the Required Lenders, may agree). Subject to the definition of “Interest Period”, the Borrower may request offers for up to three different Bid Loan
Borrowings in a single Bid Loan Quote Request, in which case such Bid Loan Quote Request shall be deemed a separate Bid Loan Quote Request for each such borrowing. Except as otherwise provided in this Section 2.01(c), no Bid Loan Quote Request
shall be given within five Business Days (or such other number of days as the Borrower and the Administrative Agent, with the consent of the Required Lenders, may agree) of any other Bid Loan Quote Request. 

(B)        Each Revolving Lender may, but shall not be obligated to, in response to
any Bid Loan Quote Request submit one or more written quotes substantially in the form of Exhibit E-2 (each a “Bid Loan Quote”), duly completed, each containing an offer to make a Bid
Loan for the Interest Period requested and setting forth the Absolute Rate to be applicable to such Bid Loan; provided that (1) a Revolving Lender may make a single submission containing one or more Bid Loan Quotes in response to several
Bid Loan Quote Requests given at the same time; and (2) the principal amount of the Bid Loan for which each such offer is being made shall be at least $2,000,000 and multiples of $1,000,000 in excess thereof; provided that the aggregate
principal amount of all Bid Loans for which a Revolving Lender submits Bid Loan Quotes (x) may be greater or less than the Revolving Commitment of such Revolving Lender but (y) may not exceed the principal amount of the Bid Loan Borrowing
for which offers were requested. Each Bid Loan Quote by a Revolving Lender other than the Person serving as the Administrative Agent must be submitted to the Administrative Agent by fax not later than 8:00 a.m. on the funding date (or such other
time and date as the Borrower and the Administrative Agent, with the consent of the Required Lenders, may agree); provided that any Bid Loan Quote may be submitted by the Person serving as the Administrative Agent, in its capacity as a
Revolving Lender, only if the Person serving as the Administrative Agent notifies the Borrower of the terms of the offer contained therein not later than 7:45 a.m. on the funding date. Subject to Articles IV and VIII, any Bid Loan Quote so made
shall be irrevocable except with the consent of the Administrative Agent given on the instructions of the Borrower. Unless otherwise agreed by the Administrative Agent and the Borrower, no Bid Loan Quote shall contain qualifying, conditional or
similar language or propose terms other than or in addition to those set forth in the applicable Bid Loan Quote Request and, in particular, no Bid Loan Quote may be conditioned upon acceptance by the Borrower of all (or some specified minimum) of
the principal amount of the Bid Loan for which such Bid Loan Quote is being made. 

(C)        The Administrative Agent shall, as promptly as practicable after any Bid
Loan Quote is submitted (but in any event not later than 8:30 a.m. on the funding date, or 7:45 a.m. on the proposed funding date with respect to any Bid Loan Quote submitted by 

  
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the Person serving as the Administrative Agent, in its capacity as a Revolving Lender), notify the Borrower of the terms (1) of any Bid Loan Quote submitted by a Revolving Lender that is in
accordance with Section 2.01(c)(ii)(B) and (2) of any Bid Loan Quote that amends, modifies or is otherwise inconsistent with a previous Bid Loan Quote submitted by such Revolving Lender with respect to the same Bid Loan Quote Request. Any
subsequent Bid Loan Quote shall be disregarded by the Administrative Agent unless the subsequent Bid Loan Quote is submitted solely to correct a manifest error in a former Bid Loan Quote. The Administrative Agent’s notice to the Borrower shall
specify (x) the aggregate principal amount of the Bid Loan Borrowing for which Bid Loan Quotes have been received and (y) (I) the respective principal amounts and (II) the rates of interest (which shall be expressed as an absolute
number and not in terms of a specified margin over the quoting Revolving Lender’s cost of funds) (the “Absolute Rate”) so offered by each Revolving Lender (identifying the Revolving Lender that made each such Bid Loan Quote).

 (D)    Not later than 9:00 a.m. on the funding date (or such other time and date as the Borrower and
the Administrative Agent, with the consent of each Revolving Lender that has submitted a Bid Loan Quote may agree), the Borrower shall notify the Administrative Agent of its acceptance or nonacceptance of the Bid Loan Quotes so notified to it
pursuant to Section 2.01(c)(ii)(C) (and the failure of the Borrower to give such notice by such time shall constitute nonacceptance), and the Administrative Agent shall promptly notify each affected Revolving Lender. In the case of acceptance,
such notice shall specify the aggregate principal amount of offers for each Interest Period that are accepted and whether such offers are to be allocated to the Revolving A Facility or the Revolving B Facility. The Borrower may accept any Bid Loan
Quote in whole or in part; provided that (1) any Bid Loan Quote accepted in part shall be at least $1,000,000 and multiples of $1,000,000 in excess thereof; (2) the aggregate principal amount of each Bid Loan Borrowing may not
exceed the applicable amount set forth in the related Bid Loan Quote Request; (3) the aggregate principal amount of each Bid Loan Borrowing shall be at least $2,000,000 and multiples of $1,000,000 in excess thereof and shall not cause the
limits specified in Section 2.01(c) to be violated; (4) acceptance of offers may be made only in ascending order of Absolute Rates, beginning with the lowest rate so offered; and (5) the Borrower may not accept any offer where the
Administrative Agent has advised the Borrower that such offer fails to comply with Section 2.01(c)(ii) or otherwise fails to comply with the requirements of this Agreement (including Section 2.01(a)). If offers are made by two or more
Revolving Lenders with the same Absolute Rates for a greater aggregate principal amount than the amount in respect of which offers are permitted to be accepted for the related Interest Period, the principal amount of Bid Loans in respect of which
such offers are accepted shall be allocated by the Borrower among such Revolving Lenders as nearly as possible (in amounts of at least $1,000,000 and multiples of $500,000 in excess thereof) in proportion to the aggregate principal amount of such
offers. Determinations by the Borrower of the amounts of Bid Loans shall be conclusive in the absence of manifest error. Notwithstanding anything else contained herein, the Borrower shall have no obligation to accept any Bid Loan Quote by a
Defaulting Lender. 
 (E)    Subject to the terms set forth in this Agreement, any Revolving Lender
whose offer to make any Bid Loan has been accepted shall, prior to 10:00 a.m. on the date specified for the making of such Loan, make the amount of such Loan available to the Administrative Agent in immediately available funds, for the account of
the Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the Borrower on or before 11:00 a.m. on such date by depositing

  
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the same, in immediately available funds, in an account of the Borrower designated by the Borrower and maintained with the Administrative Agent. 

Section 2.02    Borrowings, Conversions and Continuations of Loans.

 (a)    Notice of Borrowing. Each Borrowing, each conversion of Loans from one Type to the
other, and each continuation of Eurocurrency Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each such notice (i) with respect to amounts denominated Dollars,
must be received by the Administrative Agent not later than 11:00 a.m. (x) with respect to Eurocurrency Rate Loans, three (3) Business Days prior to and (y) with respect to Base Rate Loans or Daily Floating Rate Loans, on the
requested date of any Borrowing, conversion or continuation and (ii) with respect to Eurocurrency Rate Loans denominated in an Alternative Currency and RFR Loans, must be received by the Administrative Agent not later than 11:00 a.m. (London
time), four (4) Business Days prior to the requested date of any Borrowing, conversion or continuation. Each telephonic notice by the Borrower pursuant to this Section 2.02(a) must be confirmed promptly by delivery to the Administrative
Agent of a written Loan Notice, appropriately completed and signed by a Responsible Officer. Except as provided in Section 2.03(c), each Borrowing, conversion or continuation of Revolving Loans shall be in a principal amount of (i) with
respect to Revolving Loans that are or are to be Eurocurrency Rate Loans (or RFR Loans, as applicable) (A) denominated in Dollars, $3,000,000 or a whole multiple of $100,000 in excess thereof, (B) denominated in an Alternative Currency, an
amount in such Alternative Currency having a Dollar Equivalent of approximately $3,000,000 or such amount plus an amount in such Alternative Currency having a Dollar Equivalent of a whole multiple of approximately $100,000 in excess thereof or
(ii) with respect to Revolving Loans that are or are to be Base Rate Loans or Daily Floating Rate Loans, $1,000,000 or a whole multiple of $100,000 in excess thereof. Each Borrowing and each conversion or continuation of Term Loans shall be in
an amount equal to the principal amount of the respective Term Commitments. Each Loan Notice (whether telephonic or written) shall specify (A) the applicable Facility and whether the Borrower is requesting a Borrowing, a conversion of Loans
from one Type to the other, or a continuation of Loans, as the case may be, under such Facility, (B) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (C) the principal amount
of Loans to be borrowed, converted or continued, (D) the Type of Loans to be borrowed or continued, or to which existing Loans are to be converted, (E) if applicable, the duration of the Interest Period with respect thereto and (F) if
such Loans are Alternative Currency Tranche Revolving Loans, the Alternative Currency of such Loans (which shall be an Approved Currency). If the Borrower fails to specify a Type of Loan in a Loan Notice or if the Borrower fails to give a timely
notice requesting a conversion or continuation (other than with respect to Alternative Currency Tranche Revolving Loans), then the applicable Loans shall be made as, or converted to, Base Rate Loans. If the Borrower fails to specify a currency in a
Loan Notice requesting a Revolving Borrowing, then the Revolving Loans so requested shall be made in Dollars. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect
to the applicable Eurocurrency Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurocurrency Rate Loans in any such Loan Notice, but fails to specify an Interest Period, the Loan Notice will be deemed to have
specified an Interest Period of one (1) month. No Alternative Currency Tranche Revolving Loan may be converted into or continued as an Alternative Currency Tranche Revolving Loan denominated in a different currency, but instead must be prepaid
in the original currency of such Alternative Currency 

  
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Tranche Revolving Loan and reborrowed in the other currency. Notwithstanding anything to the contrary herein, Bid Loans may not be continued or converted. 

(b)        Advances. Following receipt of a Loan Notice for a Facility, the
Administrative Agent shall promptly notify each Appropriate Lender of the amount of its Applicable Percentage under such Facility of the applicable Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the
Administrative Agent shall notify each Appropriate Lender of the details of any automatic conversion to Base Rate Loans or continuation of Revolving Loans denominated in an Alternative Currency, in each case as described in Section 2.02(a). In
the case of a Borrowing denominated in Dollars, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent in Dollars in immediately available funds at the Administrative Agent’s Office not later than 1:00
p.m. on the Business Day specified in the applicable Loan Notice. In the case of a Borrowing denominated in an Alternative Currency, each Alternative Currency Tranche Revolving Lender shall make the amount of its Loan available to the Administrative
Agent in the applicable Alternative Currency in Same Day Funds at the Administrative Agent’s Office not later than the Applicable Time specified by the Administrative Agent on the Business Day specified in the applicable Loan Notice. Upon
satisfaction of the applicable conditions set forth in Section 4.02 (and, if such Borrowing is an initial Credit Extension, Section 4.01), the Administrative Agent shall make all funds so received available to the Borrower in like funds as
received by the Administrative Agent either by (i) crediting the account of the Borrower on the books of the Administrative Agent with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with
instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower; provided, however, that if, on the date a Loan Notice with respect to a Revolving Borrowing is given by the Borrower, there are L/C
Borrowings outstanding, then the proceeds of such Revolving Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings, and second, shall be made available to the Borrower as provided above. 

(c)        Eurocurrency Rate Loans. Except as otherwise provided herein, a
Eurocurrency Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurocurrency Rate Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Eurocurrency Rate Loans
without the consent of the Required Lenders, and the Required Lenders may demand that any or all of the outstanding Eurocurrency Rate Loans (other than Eurocurrency Rate Loans denominated in an Alternative Currency) be converted immediately to Base
Rate Loans. The Required Alternative Currency Tranche Revolving Lenders may demand that any or all of the then outstanding Eurocurrency Rate Loans denominated in an Alternative Currency and RFR Loans be prepaid, or redenominated into Dollars in the
amount of the Dollar Equivalent thereof, on the last day of the then current Interest Period with respect thereto. 

(d)        Notice of Interest Rates. The Administrative Agent shall promptly
notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for Eurocurrency Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify
the Borrower and the Lenders of any change in KeyBank National Association’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 

  
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 (e)        Interest Periods.
After giving effect to all Term Borrowings, all conversions of Term Loans from one Type to the other, and all continuations of Term Loans as the same Type, there shall not be more than one Interest Period in effect in respect of each Term Facility.
After giving effect to all Revolving Borrowings and Bid Loan Borrowings, all conversions of Revolving Loans from one Type to the other, and all continuations of Revolving Loans as the same Type, there shall not be more than ten Interest Periods in
effect in respect of the Revolving Loans and Bid Loans. 
 Section 2.03    Letters of
Credit. 
 (a)        The Letter of Credit Commitment. 

(i)        Subject to the terms and conditions set forth herein, (A) the L/C
Issuer agrees, in reliance upon the agreements of the Revolving Lenders set forth in this Section, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue U.S.
Tranche Letters of Credit (denominated in Dollars) or Alternative Currency Tranche Letters of Credit (in one or more Alternative Currencies) for the account of the Borrower (which may be in support of obligations of the Borrower or in support of
obligations of a Subsidiary), and to amend Letters of Credit previously issued by it, in accordance with Section 2.03(b) and (2) to honor drawings under the Letters of Credit; and (B) the U.S. Tranche Revolving Lenders severally agree
to participate in U.S. Tranche Letters of Credit and the Alternative Currency Tranche Revolving Lenders severally agree to participate in Alternative Currency Tranche Letters of Credit, in each case issued for the account of the Borrower (which may
be in support of obligations of the Borrower or in support of obligations of a Subsidiary) and any drawings thereunder; provided that after giving effect to any L/C Credit Extension with respect to any Letter of Credit, (A) the Total
Revolving Outstandings shall not exceed the Revolving Facility, (B) the Revolving Exposure of any Revolving Lender shall not exceed such Lender’s Revolving Commitment, (C) the Revolving A Exposure of any Revolving Lender shall not
exceed such Lender’s Revolving A Commitment, (D) the Revolving B Exposure of any Revolving Lender shall not exceed such Lender’s Revolving B Commitment, (E) the U.S. Tranche Revolving Exposure of any U.S. Tranche Revolving Lender
shall not exceed such Lender’s U.S. Tranche Revolving Commitment, (F) the Alternative Currency Tranche Revolving Exposure of any Alternative Currency Tranche Revolving Lender shall not exceed such Lender’s Alternative Currency Tranche
Revolving Commitment and (G) the Outstanding Amount of all L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation
by the Borrower that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the Borrower’s ability to
obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed. All Existing
Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof. 

  
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 (ii)        The L/C Issuer shall
not issue any Letter of Credit if: 
 (A)        the expiry date of such Letter of
Credit would occur more than twelve (12) months after the date of issuance, unless the Required Lenders have approved such expiry date; or 

(B)        the expiry date of such Letter of Credit would occur after the Letter of
Credit Expiration Date, except that a Letter of Credit may expire up to one year beyond the applicable Maturity Date of the Revolving Facility so long as the Borrower Cash Collateralizes (as provided in Section 2.14) the L/C Obligations with
respect to such Letter of Credit no later than 30 days prior to the Letter of Credit Expiration Date. 

(iii)        The L/C Issuer shall not be under any obligation to issue any Letter of
Credit if: 
 (A)        any order, judgment or decree of any Governmental
Authority or arbitrator shall by its terms purport to enjoin or restrain the L/C Issuer from issuing such Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of law) from any
Governmental Authority with jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the L/C Issuer with
respect to such Letter of Credit any restriction, reserve or capital requirement (for which the L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or
expense which was not applicable on the Closing Date and which the L/C Issuer in good faith deems material to it; 

(B)        the issuance of such Letter of Credit would violate one or more policies
of the L/C Issuer applicable to letters of credit generally; 
 (C)        except
as otherwise agreed by the Administrative Agent and the L/C Issuer, such Letter of Credit is in an initial stated amount less than $50,000; 

(D)        such Letter of Credit is to be denominated in a currency other than an
Approved Currency; 
 (E)        any Revolving Lender is at that time a Defaulting
Lender, unless the L/C Issuer has entered into arrangements, including the delivery of Cash Collateral, satisfactory to the L/C Issuer (in its sole discretion) with the Borrower or such Revolving Lender to eliminate the L/C Issuer’s actual or
potential Fronting Exposure (after giving effect to Section 2.15(a)(iv)) with respect to such Defaulting Lender arising from either such Letter of Credit or such Letter of Credit and all other L/C Obligations as to which the L/C Issuer has
actual or potential Fronting Exposure, as it may elect in its sole discretion; 

(F)        the L/C Issuer does not as of the issuance date of such Letter of Credit
issue letters of credit in the requested currency; or 
 (G)    the Letter of Credit contains any
provisions for automatic reinstatement of the stated amount after any drawing thereunder. 

  
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 (iv)        The L/C Issuer shall
not amend any Letter of Credit if the L/C Issuer would not be permitted at such time to issue the Letter of Credit in its amended form under the terms hereof. 

(v)        The L/C Issuer shall be under no obligation to amend any Letter of Credit
if (A) the L/C Issuer would have no obligation at such time to issue such Letter of Credit in its amended form under the terms hereof, or (B) the beneficiary of such Letter of Credit does not accept the proposed amendment to the Letter of
Credit. 
 (vi)        The L/C Issuer shall act on behalf of the Revolving Lenders
with respect to any Letters of Credit issued by it and the documents associated therewith, and the L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article IX with respect to any acts taken or
omissions suffered by the L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in
Article IX included the L/C Issuer with respect to such acts or omissions and (B) as additionally provided herein with respect to the L/C Issuer. 

(b)        Procedures for Issuance and Amendment of Letters of Credit. 

(i)        Each Letter of Credit shall be issued or amended, as the case may be, upon
the request of the Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer. Such Letter of Credit Application may be
sent by fax transmission, by United States mail, by overnight courier, by electronic transmission using the system provided by the L/C Issuer, by personal delivery or by any other means acceptable to the L/C Issuer. Such Letter of Credit Application
must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least two (2) Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their
sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to
the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount thereof, the Approved Currency thereof and whether such Letter of Credit is to be allocated to the Revolving A
Facility or the Revolving B Facility; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of
any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature of the requested Letter of Credit; and (H) such other matters as the L/C Issuer may require. In the case of a request for an
amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer (1) the Letter of Credit to be amended; (2) the proposed date of amendment thereof (which
shall be a Business Day); (3) the nature of the proposed amendment; and (4) such other matters as the L/C Issuer may reasonably require. Additionally, the Borrower shall furnish to the L/C Issuer and the Administrative Agent such other
documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may reasonably require. 

  
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 (ii)        Promptly after receipt
of any Letter of Credit Application, the L/C Issuer will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the Borrower and, if not, the L/C
Issuer will provide the Administrative Agent with a copy thereof. Unless the L/C Issuer has received written notice from any Revolving Lender, the Administrative Agent or the Borrower, at least one (1) Business Day prior to the requested date
of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in Article IV shall not then be satisfied, then, subject to the terms and conditions hereof, the L/C Issuer shall, on the requested date,
issue a Letter of Credit for the account of the Borrower (which may be in support of obligations of the Borrower or in support of obligations of a Subsidiary) or enter into the applicable amendment, as the case may be, in each case in
accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each Letter of Credit, each Revolving Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the
L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such Revolving Lender’s Applicable Revolving Percentage times the amount of such Letter of Credit. 

(iii)        Promptly after its delivery of any Letter of Credit or any amendment to
a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the L/C Issuer will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter of Credit or amendment. 

(c)        Drawings and Reimbursements; Funding of Participations. 

(i)        Upon any drawing under any Letter of Credit, the L/C Issuer shall notify
the Borrower and the Administrative Agent thereof. In the case of a U.S. Tranche Letter of Credit, the Borrower shall reimburse the L/C Issuer through the Administrative Agent in Dollars. In the case of an Alternative Currency Tranche Letter of
Credit, the Borrower shall reimburse the L/C Issuer through the Administrative Agent in such Alternative Currency, unless (A) the L/C Issuer (at its option) shall have specified in such notice that it will require reimbursement in Dollars, or
(B) in the absence of any such requirement for reimbursement in Dollars, the Borrower shall have notified the L/C Issuer and the Administrative Agent promptly following receipt of the notice of drawing that the Borrower will reimburse the L/C
Issuer in Dollars. In the case of any such reimbursement in Dollars of a drawing under an Alternative Currency Tranche Letter of Credit, the L/C Issuer shall notify the Borrower and the Administrative Agent of the Dollar Equivalent of the amount of
such drawing promptly following the determination thereof. Not later than (x) 11:00 a.m. on the date of any payment by the L/C Issuer under a U.S. Tranche Letter of Credit to be reimbursed in Dollars and (y) the Applicable Time on the date of
any payment by the L/C Issuer under an Alternative Currency Tranche Letter of Credit to be reimbursed in an Alternative Currency (each such date, an “Honor Date”), the Borrower shall reimburse the L/C Issuer through the
Administrative Agent in Dollars or in the applicable Alternative Currency, as the case may be. If the Borrower fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each applicable Revolving Lender of the
Honor Date, the amount of the unreimbursed drawing (in the Approved Currency in which such Letter of Credit was issued) (the “Unreimbursed Amount”), and the amount of such Revolving Lender’s Applicable Revolving Percentage
thereof. In such event, in the case of (i) a U.S. Tranche Letter of Credit, the Borrower shall be deemed to have requested a U.S. Tranche Revolving Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the
Unreimbursed 

  
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Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the U.S.
Tranche Revolving Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice) and (ii) an Alternative Currency Tranche Letter of Credit, the Borrower shall be deemed to have requested an Alternative
Currency Tranche Revolving Borrowing of Eurocurrency Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of
Eurocurrency Rate Loans denominated in an Alternative Currency, but subject to the amount of the unutilized portion of the Alternative Currency Tranche Revolving Commitment and the conditions set forth in Section 4.02 (other than the delivery
of a Loan Notice). Any notice given by the L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if immediately confirmed in writing; provided that the lack of such an immediate confirmation
shall not affect the conclusiveness or binding effect of such notice. 

(ii)        Each Revolving Lender shall upon any notice pursuant to
Section 2.03(c)(i) make funds available for the account of the L/C Issuer, in the Approved Currency in which the applicable Letter of Credit was issued, at the Administrative Agent’s Office in an amount equal to its Applicable Revolving
Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each Revolving Lender that so makes funds
available shall be deemed to have made a U.S. Tranche Revolving A Loan and a U.S. Tranche Revolving B Loan or an Alternative Currency Tranche Revolving A Loan and an Alternative Currency Tranche Revolving B Loan, as applicable, to the Borrower in
such amount. The Administrative Agent shall remit the funds so received to the L/C Issuer in the applicable Approved Currency. 

(iii)        With respect to any Unreimbursed Amount that is not fully refinanced by
a Revolving Borrowing because the conditions set forth in Section 4.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have incurred from the L/C Issuer an L/C Borrowing in the amount of the Unreimbursed Amount that
is not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Revolving Lender’s payment to the Administrative Agent for the account of the
L/C Issuer pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in satisfaction of its participation obligation under this Section.

 (iv)        Until each Revolving Lender funds its Revolving Loan or L/C Advance
pursuant to this Section 2.03(c) to reimburse the L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable Revolving Percentage of such amount shall be solely for the account of the L/C
Issuer. 
 (v)        Each Revolving Lender’s obligation to make Revolving
Loans or L/C Advances to reimburse the L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any
setoff, counterclaim, recoupment, defense or other right which such Lender may have against the L/C Issuer, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default; or (C) any other
occurrence, event or condition, whether or not similar to any of the foregoing; provided, however, that each Revolving Lender’s obligation to make Revolving Loans pursuant to this Section 2.03(c) is subject

  
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to the conditions set forth in Section 4.02 (other than delivery by the Borrower of a Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the
Borrower to reimburse the L/C Issuer for the amount of any payment made by the L/C Issuer under any Letter of Credit, together with interest as provided herein. 

(vi)        If any Revolving Lender fails to make available to the Administrative
Agent for the account of the L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in Section 2.03(c)(ii), then, without limiting the other provisions of
this Agreement, the L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such
payment is immediately available to the L/C Issuer at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the L/C Issuer in accordance with banking industry rules on interbank compensation, plus any
administrative, processing or similar fees customarily charged by the L/C Issuer in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s
Revolving Loan included in the relevant Revolving Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be, as of the date of such Revolving Borrowing or L/C Borrowing. A certificate of the L/C Issuer submitted to any
Revolving Lender (through the Administrative Agent) with respect to any amounts owing under this Section 2.03(c)(vi) shall be conclusive absent manifest error. 

(d)        Repayment of Participations. 

(i)        At any time after the L/C Issuer has made a payment under any Letter of
Credit and has received from any Revolving Lender such Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), if the Administrative Agent receives for the account of the L/C Issuer any payment in respect of the
related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Lender its
Applicable Revolving Percentage thereof in the same funds as those received by the Administrative Agent. 

(ii)        If any payment received by the Administrative Agent for the account of
the L/C Issuer and distributed to the Revolving Lenders pursuant to Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the L/C
Issuer in its discretion), each Revolving Lender shall pay to the Administrative Agent for the account of the L/C Issuer its Applicable Revolving Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such
demand to the date such amount is returned by such Lender, at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the
termination of this Agreement. 
 (e)        Obligations Absolute. The
obligation of the Borrower to reimburse the L/C Issuer for each drawing under each Letter of Credit and to repay each L/C Borrowing and each Revolving Loan made pursuant to Section 2.03(c)(ii) shall be absolute, unconditional and irrevocable,
and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following: 

  
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 (i)        any lack of validity or
enforceability of such Letter of Credit, this Agreement, or any other Loan Document; 

(ii)        the existence of any claim, counterclaim, setoff, defense or other right
that the Borrower or any Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the L/C Issuer or any other Person,
whether in connection with this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

(iii)        any draft, demand, endorsement, certificate or other document presented
under or in connection with such Letter of Credit proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of
any document required in order to make a drawing under such Letter of Credit; 

(iv)        waiver by the L/C Issuer of any requirement that exists for the L/C
Issuer’s protection and not the protection of the Borrower or any waiver by the L/C Issuer which does not in fact materially prejudice the Borrower; 

(v)        honor of a demand for payment presented electronically even if such Letter
of Credit requires that demand be in the form of a draft; 
 (vi)        any
payment made by the L/C Issuer in respect of an otherwise complying item presented after the date specified as the expiration date of, or the date by which documents must be received under, such Letter of Credit if presentation after such date is
authorized by the UCC, the ISP or the UCP, as applicable; 
 (vii)        any
payment by the L/C Issuer under such Letter of Credit against presentation of a draft or certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any
Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or
successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; 

(viii)        any adverse change in the relevant exchange rates or in the
availability of the relevant Alternative Currency to the Borrower or any Subsidiary or in the relevant currency markets generally; or 

(ix)        any other circumstance or happening whatsoever, whether or not similar to
any of the foregoing, including any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Borrower or any of its Subsidiaries. 

The Borrower shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered to it and, in
the event of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will immediately notify the L/C Issuer. The Borrower shall be conclusively deemed to have waived any such claim against the L/C Issuer
and its correspondents unless such notice is given as aforesaid. 

  
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 (f)        Role of L/C
Issuer. Each Lender and the Borrower agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required
by such Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuer, the Administrative Agent, any of their
respective Related Parties or any correspondent, participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Revolving Lenders or
the Required Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any document or instrument related to
any Letter of Credit or Issuer Document. The Borrower hereby assumes all risks of the acts or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided, however, that this assumption is not
intended to, and shall not, preclude the Borrower’s pursuing such rights and remedies as it may have against such beneficiary or transferee at law or under any other agreement. None of the L/C Issuer, the Administrative Agent, any Lender, any
of their respective Related Parties or any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described in Section 2.03(e); provided, however, that anything in such
clauses to the contrary notwithstanding, the Borrower may have a claim against the L/C Issuer, and the L/C Issuer may be liable to the Borrower, to the extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages
suffered by the Borrower which the Borrower proves, as determined by a final nonappealable judgment of a court of competent jurisdiction, were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful
failure to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit (other than as a result of an order of a court of
competent jurisdiction). In furtherance and not in limitation of the foregoing, the L/C Issuer may accept documents that appear on their face to be in order, without responsibility for further investigation, regardless of any notice or information
to the contrary, and the L/C Issuer shall not be responsible for the validity or sufficiency of any instrument transferring, endorsing or assigning or purporting to transfer, endorse or assign a Letter of Credit or the rights or benefits thereunder
or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason. The L/C Issuer may send a Letter of Credit or conduct any communication to or from the beneficiary thereof via the Society for Worldwide Interbank
Financial Telecommunication (“SWIFT”) message or overnight courier, or any other commercially reasonable means of communicating with a beneficiary. 

(g)        Applicability of ISP and UCP; Limitation of Liability. Unless
otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit and
(ii) the rules of the UCP shall apply to each commercial Letter of Credit. Notwithstanding the foregoing, the L/C Issuer shall not be responsible to the Borrower for, and the L/C Issuer’s rights and remedies against the Borrower shall not
be impaired by, any action or inaction of the L/C Issuer required or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the Law or any order of a jurisdiction
where the L/C Issuer or the beneficiary is located, the practice stated in the ISP or UCP, as applicable, or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for Finance
and Trade -

  
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International Financial Services Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such law or practice. 

(h)        Letter of Credit Fees. The Borrower shall pay to the Administrative
Agent for the account of each Revolving Lender in accordance, subject to Section 2.15, with its Applicable Revolving Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the
Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in
accordance with Section 1.06. Letter of Credit Fees shall be (A) due and payable on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of
Credit, on the Letter of Credit Expiration Date and thereafter on demand and (B) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each
Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. 

(i)        Fronting Fee and Documentary and Processing Charges Payable to L/C
Issuer. The Borrower shall pay directly to the L/C Issuer for its own account a fronting fee (i) with respect to each Letter of Credit, at a rate equal to 1/8 of 1% per annum times the face amount of such Letter of Credit, and
payable upon the issuance thereof and (ii) with respect to any amendment of a Letter of Credit increasing the amount of such Letter of Credit, at a rate equal to 1/8 of 1% per annum times the amount of such increase, and payable upon the
effectiveness of such amendment. In addition, the Borrower shall pay directly to the L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer
relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable. 

(j)        Conflict with Issuer Documents. In the event of any conflict
between the terms hereof and the terms of any Issuer Document, the terms hereof shall control. 

(k)        Letters of Credit Issued for Subsidiaries. Notwithstanding that a
Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the Borrower shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings under such Letter of Credit.
The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Borrower, and that the Borrower’s business derives substantial benefits from the businesses of such
Subsidiaries. 
 Section 2.04    [Intentionally Omitted]. 

Section 2.05    Prepayments. 

(a)        Optional. 

(i)        The Borrower may, upon notice to the Administrative Agent, at any time or
from time to time voluntarily prepay Term Loans and Revolving Loans in whole or in part without premium or penalty; provided that (A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three
(3) Business Days prior to any date of prepayment of 

  
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Eurocurrency Rate Loans and (2) on the date of prepayment of Base Rate Loans or Daily Floating Rate Loans; and (B) any prepayment of any Loan shall be in a principal amount of
$3,000,000 or a whole multiple of $1,000,000 in excess thereof; or, in each case, if less, the entire principal amount thereof then outstanding and (3) Bid Loans may not be voluntarily prepaid at any time without the prior written consent of
the Lender or Lenders making such Bid Loans. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The
Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s ratable portion of such prepayment (based on such Lender’s Applicable Percentage in respect of the relevant
Facility). If such notice is given by the Borrower, the Borrower shall make such prepayment and the prepayment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of principal shall be accompanied
by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Subject to Section 2.15, such prepayments shall be paid to the Lenders in accordance with their respective Applicable
Percentages in respect of each of the relevant Facilities. 

(ii)        [Intentionally Omitted]. 

(b)        Mandatory. 

(i)        Outstandings If for any reason at any time (A) the Total
Revolving Outstandings at such time exceed the Revolving Facility as then in effect, (B) the Outstanding Amount of L/C Obligations at such time exceeds the Letter of Credit Sublimit as then in effect, (C) the Outstanding Amount of Bid
Loans at such time exceeds the Bid Loan Sublimit as then in effect, (D) the Outstanding Amount of all U.S. Tranche Revolving A Loans at such time exceeds the U.S. Tranche Revolving A Commitments as then in effect, (E) the Outstanding
Amount of all U.S. Tranche Revolving B Loans at such time exceeds the U.S. Tranche Revolving B Commitments, as then in effect, (F) the Outstanding Amount of all U.S. Tranche Revolving Loans at such time exceeds the U.S. Tranche Revolving
Commitments as then in effect, (G) the Outstanding Amount of all Alternative Currency Tranche Revolving A Loans at such time exceeds the Alternative Currency Tranche Revolving A Commitments as then in effect, (H) the Outstanding Amount of
all Alternative Currency Tranche Revolving B Loans at such time exceeds the Alternative Currency Tranche Revolving B Commitments, as then in effect, or (I) the Outstanding Amount of all Alternative Currency Tranche Revolving Loans at such time
exceeds the Alternative Currency Tranche Revolving Commitments as then in effect, the Borrower shall immediately prepay Loans and L/C Borrowings (together with all accrued but unpaid interest thereon) and/or Cash Collateralize the L/C Obligations in
an aggregate amount equal to such excess; provided, however, that, subject to the provisions of the last sentence of Section 2.14(a), the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this
Section 2.05(b)(i) unless, after the prepayment in full of the Revolving Loans and the Bid Loans, the Total Revolving Outstandings exceed the Revolving Facility at such time. 

(ii)        Application of Payments. Except as otherwise provided in
Section 2.15, prepayments in respect of the Revolving Facility made pursuant to this Section 2.05(b), first, shall be applied ratably to the L/C Borrowings, second, shall be applied ratably to the outstanding Revolving Loans
and, third, shall be used to Cash Collateralize the remaining L/C Obligations. Upon the drawing of any Letter of Credit that has been Cash Collateralized, the funds held as Cash 

  
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Collateral shall be applied (without any further action by or notice to or from the Borrower or any Defaulting Lender that has provided Cash Collateral) to reimburse the L/C Issuer or the
Revolving Lenders, as applicable. 
 Within the parameters of the applications set forth above, prepayments pursuant to this
Section 2.05(b) shall be applied first to Base Rate Loans and then to Eurocurrency Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise
without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment. 

Section 2.06    Termination or Reduction of Commitments. 

(a)        Optional. The Borrower may, upon notice to the Administrative
Agent, terminate the Revolving Facility, or from time to time permanently reduce the Revolving Facility; provided that (i) any such notice shall be received by the Administrative Agent not later than 11:00 a.m. five (5) Business
Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $10,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the Borrower shall not terminate or reduce
the Revolving Facility if, after giving effect thereto and to any concurrent prepayments hereunder, (A) the Total Revolving Outstandings would exceed the Revolving Facility, (B) the Outstanding Amount of L/C Obligations not fully Cash
Collateralized hereunder would exceed the Letter of Credit Sublimit, (C) the Outstanding Amount of Bid Loans would exceed the Bid Loan Sublimit, (D) the Outstanding Amount of all U.S. Tranche Revolving A Loans at such time would exceed the
U.S. Tranche Revolving A Commitments as then in effect, (E) the Outstanding Amount of all U.S. Tranche Revolving B Loans at such time would exceed the U.S. Tranche Revolving B Commitments as then in effect, or (F) the Outstanding Amount of
all U.S. Tranche Revolving Loans at such time would exceed the U.S. Tranche Revolving Commitments as then in effect. 

(b)        Mandatory. 

(i)        The aggregate U.S. Term Commitments shall be automatically and permanently
reduced to zero on the date of the U.S. Term Borrowing and the aggregate Canadian Term Commitments shall be automatically and permanently reduced to zero on the date of the Canadian Term Borrowing. 

(ii)        If after giving effect to any reduction or termination of Revolving
Commitments under this Section 2.06, the Letter of Credit Sublimit, the U.S. Tranche Revolving Commitments or the Alternative Currency Tranche Revolving Commitments would exceed the Revolving Facility at such time, the Letter of Credit
Sublimit, the U.S. Tranche Revolving Commitments or the Alternative Currency Tranche Revolving Commitments, as the case may be, shall be automatically reduced by the amount of such excess. 

(c)        Application of Commitment Reductions; Payment of Fees. The
Administrative Agent will promptly notify the Lenders of any termination or reduction of the Revolving Commitments, the Letter of Credit Sublimit, the U.S. Tranche Revolving Commitments or the Alternative Currency Tranche Revolving Commitments under
this Section 2.06. Upon any reduction of the Revolving Commitments, the Letter of Credit Sublimit, the U.S. Tranche Revolving Commitments or the Alternative Currency Tranche Revolving Commitments, the

  
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Revolving Commitment, the Letter of Credit Sublimit, the U.S. Tranche Revolving Commitment and the Alternative Currency Tranche Revolving Commitment of each Revolving Lender, as applicable, shall
be reduced by such Lender’s Applicable Revolving Percentage of such reduction amount. All fees in respect of the Revolving Facility accrued until the effective date of any termination of the Revolving Facility shall be paid on the effective
date of such termination. 
 Section 2.07    Repayment of Loans. 

(a)        Term Loans. The Borrower shall repay to (i) the U.S. Term
Lenders the aggregate principal amount of all U.S. Term Loans outstanding on the Maturity Date for the U.S. Term Facility and (ii) the Canadian Term Lenders the aggregate principal amount of all Canadian Term Loans outstanding on the Maturity
Date for the Canadian Term Facility. 
 (b)        Revolving Loans. The
Borrower shall repay to the Revolving Lenders on the Maturity Date for the Revolving Facility the aggregate principal amount of all Revolving Loans outstanding on such date. 

(c)        Bid Loans. All outstanding Bid Loans shall be paid in full on the
maturity date thereof as provided in the applicable Bid Loan Quote Request but, in any event, not later than the Maturity Date for the Revolving Facility. 

Section 2.08    Interest and Default Rate. 

(a)        Interest. Subject to the provisions of Section 2.08(b),
(i) each Eurocurrency Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof for each Interest Period from the applicable borrowing date at a rate per annum equal to the Eurocurrency Rate for such Interest
Period plus the Applicable Rate for such Facility plus (in the case of a Eurocurrency Rate Loan of any Lender which is lent from a Lending Office in the United Kingdom or a Participating Member State) the Mandatory Cost; (ii) each RFR Loan
shall bear interest at a rate per annum equal to the applicable Daily Simple RFR plus the Applicable Rate for such Facility; (iii) each Base Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof from the
applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Facility; (iv) each Daily Floating Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing
date at a rate per annum equal to the LIBOR Daily Floating Rate plus the Applicable Rate; and (v) each Bid Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the
Absolute Rate quoted by the Lender or Lenders making such Bid Loan pursuant to Section 2.01(c). 

(b)        Default Rate. 

(i)        If any amount of principal of any Loan is not paid when due (without
regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent
permitted by Applicable Laws. 
 (ii)        If any amount (other than principal of
any Loan) payable by the Borrower under any Loan Document is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, then upon the request of the

  
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Required Lenders such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by Applicable Laws.

 (iii)        Upon the request of the Required Lenders, while any Event of
Default exists, (x) outstanding Obligations (including Letter of Credit Fees) may accrue interest at a fluctuating rate per annum at all times equal to the Default Rate to the fullest extent permitted by Applicable Laws and (y) any
adjustment to the Applicable Rate pursuant to the Sustainability Metric Pricing Grid shall cease to apply. 

(iv)        Accrued and unpaid interest on past due amounts (including interest on
past due interest) shall be due and payable upon demand. 
 (c)        Interest
Payments. Interest on each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms
hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. 

(d)        Interest Act (Canada). For the purposes of the Interest Act
(Canada) and exclusively with respect to the Canadian Term Facility, (i) whenever a rate of interest or fee rate hereunder is calculated on the basis of a year (the “deemed year”) that contains fewer days than the actual number of
days in the calendar year of calculation, such rate of interest or fee rate shall be expressed as a yearly rate by multiplying such rate of interest or fee rate by the actual number of days in the calendar year of calculation and dividing it by the
number of days in the deemed year, (ii) the principle of deemed reinvestment of interest shall not apply to any interest calculation hereunder and (iii) the rates of interest stipulated herein are intended to be nominal rates and not
effective rates or yields. 
 Section 2.09    Fees. 

In addition to certain fees described in subsections (h) and (i) of Section 2.03: 

(a)        Facility Fee. The Borrower shall pay to the Administrative Agent
for the account of each Revolving Lender in accordance with its Applicable Revolving Percentage, a facility fee (the “Facility Fee”) equal to the Applicable Rate times the actual daily amount of the Revolving Facility (or, if the
Revolving Facility has terminated, on the Outstanding Amount of all Revolving Loans, Bid Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.15. The Facility Fee shall accrue at all times during the
Availability Period for the Revolving Facility (and thereafter so long as any Revolving Loans, Bid Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV is not met, and shall be
due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period for the Revolving Facility
(and, if applicable, thereafter on demand). The Facility Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable
Rate separately for each period during such quarter that such Applicable Rate was in effect. 

  
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 (b)        Letter of Credit
Fees. The Borrower shall pay Letter of Credit fees as set forth in Sections 2.03(h) and (i). 

(c)        Other Fees. 

(i)        The Borrower shall pay to the Administrative Agent for its own account
such fees as shall have been separately agreed upon in writing in the amounts and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 

(ii)        The Borrower shall pay to the Lenders and/or their Affiliates such
additional fees as shall have been separately agreed upon in writing in the amounts and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 

Section 2.10    Computation of Interest and Fees. 

All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurocurrency Rate)
shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days
elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year), or, in the case of interest in respect of Alternative Currency Tranche Revolving
Loans as to which market practice differs from the foregoing, in accordance with such market practice. Interest shall accrue on each Loan for the day on which such Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on
which such Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one (1) day. Each determination by the Administrative Agent of
an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. 

Section 2.11    Evidence of Debt. 

(a)        Maintenance of Accounts. The Credit Extensions made by each Lender
shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive
absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of
the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such
matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the
Administrative Agent) a Note registered in the name of the Lender, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if
applicable), amount and maturity of its Loans and payments with respect thereto. For the 

  
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avoidance of doubt, the Loans may not be assigned or otherwise transferred except in accordance with Section 10.06. 

(b)        Maintenance of Records. In addition to the accounts and records
referred to in Section 2.11(a), each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit. In the
event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of
manifest error. 
 Section 2.12    Payments Generally; Administrative
Agent’s Clawback. 
 (a)      General. All payments to be
made by the Borrower shall be made free and clear of and without condition or deduction for any counterclaim, defense, recoupment or setoff. All payments of principal of and interest on any Loan shall be payable in the same currency as such Loan is
denominated. All payments of fees pursuant to Section 2.09 shall be payable in Dollars. All payments in respect of Unreimbursed Amounts shall be payable in the currency provided in Section 2.03. All other payments herein shall be payable
in the currency specified with respect to such payment or, if the currency is not specified, in Dollars. Except as otherwise expressly provided herein, (x) all payments by the Borrower in Dollars hereunder shall be made to the Administrative
Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in Same Day Funds not later than 2:00 p.m. (New York time) on the date specified herein and (y) all
payments by the Borrower in any Alternative Currency hereunder shall be made to the Administrative Agent’s Office for payments in such Alternative Currency and in Same Day Funds not later than the Applicable Time specified by the Administrative
Agent on the date specified herein. Without limiting the generality of the foregoing, the Administrative Agent may require that any payments due under this Agreement be made in the United States. If, for any reason, the Borrower is prohibited by any
Law from making any required payment hereunder in an Alternative Currency, the Borrower shall make such payment in Dollars in the Dollar Equivalent of the Alternative Currency payment amount. The Administrative Agent will promptly distribute to each
Lender its Applicable Percentage in respect of the relevant Facility (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the
Administrative Agent after 2:00 p.m. (in the case of payments in Dollars) or the Applicable Time specified by the Administrative Agent (in the case of payments in an Alternative Currency) shall be deemed received on the next succeeding Business Day
and any applicable interest or fee shall continue to accrue. Subject to the definition of “Interest Period,” and as otherwise specifically provided for in this Agreement, if any payment to be made by the Borrower shall come due on a day
other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be. 

(b)        (i)         Funding by Lenders;
Presumption by Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurocurrency Rate Loans (or, in the case of any Borrowing of Base Rate Loans or Daily
Floating Rate Loans, prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made
such share available on such date in 

  
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accordance with Section 2.02 (or, in the case of a Borrowing of Base Rate Loans or Daily Floating Rate Loans, that such Lender has made such share available in accordance with and at the
time required by Section 2.02) and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the
Administrative Agent, then such Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in Same Day Funds with interest thereon, for each day from and including the date such amount is
made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent
in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing and (B) in the case of a payment to be
made by the Borrower, the interest rate applicable to Base Rate Loans or in the case of Alternative Currencies in accordance with such market practice, in each case, as applicable. If the Borrower and such Lender shall pay such interest to the
Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the applicable Borrowing to
the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing as of the date of such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against
a Lender that shall have failed to make such payment to the Administrative Agent. 

(ii)        Payments by Borrower; Presumptions by Administrative Agent. Unless
the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that the Borrower will not make such payment,
the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Appropriate Lenders or the L/C Issuer, as the case may be, the amount due.
In such event, if the Borrower has not in fact made such payment, then each of the Appropriate Lenders or the L/C Issuer, as the case may be, receiving any such payment severally agrees to repay to the Administrative Agent forthwith on demand the
amount so distributed to such Lender or the L/C Issuer, in Same Day Funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the
greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this subsection
(b) shall be conclusive, absent manifest error. 
 (c)        Failure to
Satisfy Conditions Precedent. If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the
Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall promptly return such funds (in
like funds as received from such Lender) to such Lender, without interest. 

  
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 (d)        Obligations of
Lenders Several. The obligations of the Lenders hereunder to make Term Loans and Revolving Loans, to fund participations in Letters of Credit and to make payments pursuant to Section 10.04(c) are several and not joint. The failure of any
Lender to make any Loan, to fund any such participation or to make any payment under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall
be responsible for the failure of any other Lender to so make its Loan, to purchase its participation or to make its payment under Section 10.04(c). 

(e)        Funding Source. Nothing herein shall be deemed to obligate any
Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner. 

(f)        Pro Rata Treatment. Except to the extent otherwise provided herein:
(i) each Borrowing (other than Bid Loans) shall be made from the Appropriate Lenders, each payment of fees under Sections 2.03(h) and (i) and Section 2.09(a) shall be made for account of the Appropriate Lenders, and each termination
or reduction of the amount of the Commitments shall be applied to the respective Commitments of the Lenders, pro rata according to the amounts of their respective Commitments; (ii) each Borrowing (other than Bid Loans) shall be allocated pro
rata among the Lenders according to the amounts of their respective Commitments (in the case of the making of Revolving Loans and Term Loans) or their respective Loans that are to be included in such Borrowing (in the case of conversions and
continuations of Loans); (iii) each payment or prepayment of principal of Loans by the Borrower (other than Bid Loans) shall be made for account of the Appropriate Lenders pro rata in accordance with the respective unpaid principal amounts of
the Loans held by them; and (iv) each payment of interest on Loans (other than Bid Loans) by the Borrower shall be made for account of the Appropriate Lenders pro rata in accordance with the amounts of interest on such Loans then due and
payable to the respective Appropriate Lenders. 
 Section 2.13    Sharing of Payments by
Lenders. 
 (a)        If any Lender shall, by exercising any right of
setoff or counterclaim or otherwise, obtain payment in respect of (a) Obligations in respect of any of the Facilities due and payable to such Lender hereunder and under the other Loan Documents at such time in excess of its ratable share
(according to the proportion of (i) the amount of such Obligations due and payable to such Lender at such time to (ii) the aggregate amount of the Obligations in respect of the Facilities due and payable to all Lenders hereunder and under
the other Loan Documents at such time) of payments on account of the Obligations in respect of the Facilities due and payable to all Lenders hereunder and under the other Loan Documents at such time obtained by all the Lenders at such time or
(b) Obligations in respect of any of the Facilities owing (but not due and payable) to such Lender hereunder and under the other Loan Documents at such time in excess of its ratable share (according to the proportion of (i) the amount of
such Obligations owing (but not due and payable) to such Lender at such time to (ii) the aggregate amount of the Obligations in respect of the Facilities owing (but not due and payable) to all Lenders hereunder and under the other Loan
Documents at such time) of payments on account of the Obligations in respect of the Facilities owing (but not due and payable) to all Lenders hereunder and under the other Loan Documents at such time obtained by all of the Lenders at such time,
then, in each case under clauses (a) and (b) above, the Lender receiving such greater proportion shall (A) notify the Administrative Agent of 

  
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such fact and (B) purchase (for cash at face value) participations in the Loans and subparticipations in L/C Obligations of the other Lenders, or make such other adjustments as shall be
equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of Obligations in respect of the Facilities then due and payable to the Lenders or owing (but not due and payable) to
the Lenders, as the case may be, provided that: 
 (1)        if any such
participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such recovery,
without interest; and 
 (2)        the provisions of this Section shall not be
construed to apply to (x) any payment made by or on behalf of the Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender),
(y) the application of Cash Collateral provided for in Section 2.14, or (z) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or subparticipations in L/C Obligations
to any assignee or participant, other than an assignment to the Borrower or any Affiliate thereof (as to which the provisions of this Section shall apply). 

(b)        If a Lender shall effect payment of any principal of or interest or fee on
Bid Loans made as part of the same Bid Loan Borrowing held by it under this Agreement through the exercise of any right of set-off, banker’s lien, counterclaim or similar right, it shall promptly purchase
from the other Lenders holding such Bid Loans participations in such Bid Loans held by the other Lenders holding such Bid Loans in such amounts, and make such other adjustments from time to time as shall be equitable, to the end that all the Lenders
holding such Bid Loans shall share the benefit of such payment pro rata in accordance with the unpaid amount of principal and interest or fee on Bid Loans of the same Bid Loan Borrowing held by each of them. To such end all such Lenders shall make
appropriate adjustments among themselves (by the resale of participations sold or otherwise) if such payment is rescinded or must otherwise be restored. The Borrower agrees that any Lender so purchasing a participation in Bid Loans of the same Bid
Loan Borrowing held by other Lenders may exercise all rights of set-off, banker’s lien, counterclaim or similar rights with respect to such participation as fully as if such Lender were a direct holder of
such Bid Loans in the amount of such participation. 
 (c)        Nothing contained
herein shall require any Lender to exercise any such right or shall affect the right of any Lender to exercise and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower. 

(d)        The Borrower consents to the foregoing and agrees, to the extent it may
effectively do so under Applicable Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of setoff and counterclaim with respect to such participation as fully as if such
Lender were a direct creditor of the Borrower in the amount of such participation. 

  
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 Section 2.14    Cash Collateral. 

(a)        Certain Credit Support Events. If (i) the L/C Issuer has
honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, (ii) as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, (iii) the
Borrower shall be required to provide Cash Collateral pursuant to Section 2.05 or 8.02(c), or (iv) there shall exist a Defaulting Lender, the Borrower shall immediately (in the case of clause (iii) above) or within one
(1) Business Day (in all other cases) following any request by the Administrative Agent or the L/C Issuer, provide Cash Collateral in an amount not less than the applicable Minimum Collateral Amount (determined in the case of Cash Collateral
provided pursuant to clause (iv) above, after giving effect to Section 2.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender). The Administrative Agent may, at any time and from time to time after the initial deposit of
Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of exchange rate fluctuations. 

(b)        Grant of Security Interest. The Borrower, and to the extent
provided by any Defaulting Lender, such Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer and the Lenders, and agrees to maintain, a first
priority security interest in all cash, deposit accounts and all balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to which such Cash
Collateral may be applied pursuant to Section 2.14(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent or the L/C Issuer as herein
provided, or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the Borrower will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an
amount sufficient to eliminate such deficiency. All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts
at the Administrative Agent. The Borrower shall pay on demand therefor from time to time all customary account opening, activity and other administrative fees and charges in connection with the maintenance and disbursement of Cash Collateral. 

(c)        Application. Notwithstanding anything to the contrary contained in
this Agreement, Cash Collateral provided under any of this Section 2.14 or Sections 2.03, 2.05, 2.15 or 8.02 in respect of Letters of Credit shall be held and applied to the satisfaction of the specific L/C Obligations, obligations to fund
participations therein (including, as to Cash Collateral provided by a Revolving Lender that is a Defaulting Lender, any interest accrued on such obligation) and other obligations for which such Cash Collateral was so provided, prior to any other
application of such property as may be provided for herein. 

(d)        Release. Cash Collateral (or the appropriate portion thereof)
provided to reduce Fronting Exposure or other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving rise thereto (including by the termination of Defaulting Lender
status of the applicable Revolving Lender (or, as appropriate, its assignee following compliance with Section 10.06(b)(vi))) or (ii) the determination by the Administrative Agent and the L/C Issuer that there exists excess Cash Collateral;
provided, however, (A) any such release shall be without prejudice to, and any disbursement or other transfer of Cash Collateral shall be and remain subject to, any other Lien conferred under the Loan

  
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Documents and the other applicable provisions of the Loan Documents and (B) the Person providing Cash Collateral and the L/C Issuer may agree that Cash Collateral shall not be released but
instead held to support future anticipated Fronting Exposure or other obligations. 

Section 2.15    Defaulting Lenders. 

(a)        Adjustments. Notwithstanding anything to the contrary contained in
this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as that Lender is no longer a Defaulting Lender, to the extent permitted by Applicable Law: 

(i)        Waivers and Amendments. Such Defaulting Lender’s right to
approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of “Required Lenders” and Section 10.01. 

(ii)        Defaulting Lender Waterfall. Any payment of principal, interest,
fees or other amounts received by the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VIII or otherwise) or received by the Administrative Agent from a Defaulting
Lender pursuant to Section 10.08 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent
hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the L/C Issuer hereunder; third, to Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting
Lender in accordance with Section 2.14; fourth, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof
as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (A) satisfy such Defaulting
Lender’s potential future funding obligations with respect to Loans under this Agreement and (B) Cash Collateralize the L/C Issuer’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of
Credit issued under this Agreement, in accordance with Section 2.14; sixth, to the payment of any amounts owing to the Lenders or the L/C Issuer as a result of any judgment of a court of competent jurisdiction obtained by any Lender or
the L/C Issuer against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to the
Borrower as a result of any judgment of a court of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such
Defaulting Lender or as otherwise as may be required under the Loan Documents in connection with any Lien conferred thereunder or directed by a court of competent jurisdiction; provided that if (1) such payment is a payment of the
principal amount of any Loans or L/C Borrowings in respect of which such Defaulting Lender has not fully funded its appropriate share and (2) such Loans were made or the related Letters of Credit were issued at a time when the conditions set
forth in Section 4.02 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and L/C Obligations owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied
to the payment of any Loans of, or L/C Obligations owed to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in L/C Obligations are held by the Lenders pro rata in accordance with the Commitments hereunder
without giving effect to Section 2.15(a)(v). Any payments, prepayments or other amounts paid or payable to a 

  
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Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.15(a)(ii) shall be deemed paid to and redirected
by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii)        Certain Fees. 

(A)        Fees. Each Defaulting Lender shall be entitled to receive fees
payable under Section 2.09(a) for any period during which that Lender is a Defaulting Lender only to extent allocable to the sum of (1) the outstanding principal amount of the Revolving Loans funded by it and (2) its Applicable
Revolving Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.14. 

(B)        Letter of Credit Fees. Each Defaulting Lender shall be entitled to
receive Letter of Credit Fees for any period during which that Lender is a Defaulting Lender only to the extent allocable to its Applicable Revolving Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral
pursuant to Section 2.14. 
 (C)        Defaulting Lender Fees. With
respect to any fee payable under Section 2.09(a) or any Letter of Credit Fee not required to be paid to any Defaulting Lender pursuant to clause (A) or (B) above, the Borrower shall (1) pay to each
Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting Lender’s participation in L/C Obligations that has been reallocated to such Non-Defaulting Lender pursuant to clause (iv) below, (2) pay to the L/C Issuer the amount of any such fee otherwise payable to such Defaulting Lender to the extent allocable to the L/C Issuer’s Fronting
Exposure to such Defaulting Lender and (3) not be required to pay the remaining amount of any such fee. 

(iv)        Reallocation of Applicable Revolving Percentages to Reduce Fronting
Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Revolving
Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that (A) the conditions set forth in Section 4.02 are satisfied at the time of such reallocation (and, unless the Borrower shall
have otherwise notified the Administrative Agent at such time, the Borrower shall be deemed to have represented and warranted that such conditions are satisfied at such time) and (B) such reallocation does not cause the Revolving Exposure of
any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section 10.21, no reallocation hereunder shall constitute a
waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(v)        Cash Collateral. If the reallocation described in clause (a)(iv)
above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under Applicable Law, Cash Collateralize the L/C Issuer’s Fronting Exposure in accordance with the
procedures set forth in Section 2.14. 
 (b)        Defaulting Lender
Cure. If the Borrower, the Administrative Agent and the L/C Issuer agree in writing that a Lender is no longer a Defaulting Lender (provided that the 

  
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Borrower’s agreement shall not be required if an Event of Default has occurred and is continuing at the time of such agreement), the Administrative Agent will so notify the parties hereto,
whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase at par that
portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit to be held on a pro rata basis by
the Lenders in accordance with their Applicable Percentages (without giving effect to Section 2.15(a)(iv)), whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect
to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from
Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 

Section 2.16     Increase in Revolving Facility. 

(a)        The Borrower may at its sole expense and effort and after consulting with
the Administrative Agent, request: (i) one or more Lenders acceptable to the Administrative Agent to increase (in the sole and absolute discretion of each such Lender) the amount of their respective Revolving Commitments and/or (ii) one or
more other lending institutions acceptable to the Administrative Agent (each, a “New Revolving Lender”) to become “Revolving Lenders” and extend Revolving Commitments hereunder (each such existing Lender and each New
Revolving Lender being referred to as a “Proposed Revolving Lender”). To request an increase pursuant to this Section 2.16 (the “Revolving Facility Increase”), the Borrower shall submit to the Administrative
Agent a written increase request signed by the Borrower and in form approved by the Administrative Agent (the “Revolving Increase Request”), which shall specify, as the case may be: (A) each such existing Lender and the amount
of the proposed increase to its Revolving Commitment, or (B) the proposed Revolving Commitment for each New Revolving Lender. Promptly following receipt of the Revolving Increase Request, the Administrative Agent shall advise each Proposed
Revolving Lender of the details thereof. 
 (b)        If one or more Proposed
Revolving Lenders shall have unconditionally agreed to such Revolving Increase Request in a writing delivered to the Borrower and the Administrative Agent at any time prior to the 30th day following the date of the delivery to such Proposed
Revolving Lenders of the Revolving Increase Request (each such Proposed Revolving Lender being hereinafter referred to as an “Incremental Revolving Lender”), then: (x) each such Incremental Revolving Lender which shall then be
an existing Lender shall have its Revolving Commitment increased by the amount set forth in the Revolving Increase Request and (y) each such Incremental Revolving Lender which shall then be a New Revolving Lender shall be and become a
“Revolving Lender” hereunder having a Revolving Commitment equal to the amount set forth in such Revolving Increase Request, provided, however, that (1) immediately before and after giving effect thereto, no Default
shall or would exist and the Borrower shall have delivered to the Administrative Agent a certificate signed by a Responsible Officer certifying that immediately before and after giving effect thereto, the representations and warranties of the
Borrower contained in Article II, Article V and the other Loan Documents are true and correct (provided, for purposes of this Section 2.16(b), the representations and warranties contained in Section 5.09(a), other than the penultimate
sentence thereof, shall be deemed to refer to the most 

  
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recent financial statements furnished pursuant to Sections 6.01(a) and 6.01(b)), (2) each such Incremental Revolving Lender shall have executed and delivered to the Administrative Agent a
supplement to this Agreement providing for its increased Revolving Commitment or its Revolving Commitment, as applicable, in form approved by the Administrative Agent, (3) immediately after giving effect thereto, the aggregate amount of all
increases to the Revolving Facility established pursuant to this Section 2.16 and all Incremental U.S. Term Commitments established pursuant to Section 2.17 shall not exceed $1,250,000,000, (4) the increase of the Revolving Facility
specified in the Revolving Increase Request shall be not less than $25,000,000 or an integral multiple thereof, (5) the minimum Revolving Commitment extended by each Incremental Revolving Lender which is a New Revolving Lender shall be in an
amount of not less than $15,000,000 or an integral multiple of $1,000,000 in excess thereof and (6) the minimum increase to the Revolving Commitment extended by each Incremental Revolving Lender which is an existing Lender shall be in an amount
of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof. Any increase in the Revolving Facility shall not increase the Letter of Credit Sublimit. Any Proposed Revolving Lender not responding to a Revolving Increase
Request within 30 days following the date of the delivery to it of a Revolving Increase Request shall be deemed to have declined such Revolving Increase Request. 

(c)        Simultaneously with each Revolving Facility Increase under this
Section 2.16, each Incremental Revolving Lender shall, to the extent necessary, purchase from each other existing Lender, and each other existing Lender shall sell to each Incremental Revolving Lender, in each case at par and without
representation, warranty, or recourse (in accordance with and subject to the restrictions contained in Section 10.13), such outstanding principal amount of Revolving Loans of such other existing Lenders, together with all accrued and unpaid
interest thereon, as will result, after giving effect to such transaction, in each Lender’s Applicable Revolving Percentage of outstanding Revolving Loans being equal to such Lender’s Applicable Revolving Percentage of the Revolving
Facility, provided that each such assignor Lender shall have received (to the extent of the interests, rights and obligations assigned) payment then due and owing of the outstanding principal amount of its Revolving Loans, accrued interest
thereon, accrued fees, commissions and all other amounts payable to it under the Loan Documents from the applicable assignee Lenders (to the extent of such outstanding principal and accrued interest, fees and commissions) or the Borrower (in the
case of all other amounts). 
 (d)        Conflicting Provisions. This
Section shall supersede any provisions in Section 2.13 or 10.01 to the contrary. 

Section 2.17    Incremental U.S. Term Loan Commitments. 

(a)        The Borrower may at its sole expense and effort and after consulting with
the Administrative Agent, at any time request: (i) one or more U.S. Term Lenders to establish (in the sole and absolute discretion of each such U.S. Term Lender) additional U.S. Term Commitments and/or (ii) one or more other lending
institutions acceptable to the Administrative Agent (each, a “New U.S. Term Lender”) to become “U.S. Term Lenders” and establish U.S. Term Commitments hereunder (each such existing U.S. Term Lender and each New U.S. Term
Lender being referred to as a “Proposed U.S. Term Lender”). To request an extension of additional or new U.S. Term Commitments pursuant to this Section 2.17 (the “Incremental U.S. Term Commitment”), the
Borrower shall submit to the Administrative Agent a written request signed by the Borrower and in form approved by the Administrative Agent (the “Incremental U.S. Term  

  
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Loan Request”), which shall specify, as the case may be: (A) each such existing U.S. Term Lender and the amount of the proposed Incremental U.S. Term Commitment, or (B) the
proposed U.S. Term Commitment for each New U.S. Term Lender. Promptly following receipt of the Incremental U.S. Term Loan Request, the Administrative Agent shall advise each Proposed U.S. Term Lender of the details thereof. 

(b)        If one or more Proposed U.S. Term Lenders shall have unconditionally
agreed to such Incremental U.S. Term Loan Request in a writing delivered to the Borrower and the Administrative Agent at any time prior to the 30th day following the date of the delivery to such Proposed U.S. Term Lenders of the Incremental U.S.
Term Loan Request (each such Proposed U.S. Term Lender being hereinafter referred to as an “Incremental U.S. Term Lender”), then: (x) each such Incremental U.S. Term Lender which shall then be an existing U.S. Term Lender shall
have its U.S. Term Commitment increased by the amount set forth in the Incremental U.S. Term Loan Request and (y) each such Incremental U.S. Term Lender which shall then be a New U.S. Term Lender shall be and become a “U.S. Term
Lender” hereunder having a U.S. Term Commitment equal to the amount set forth in such Incremental U.S. Term Loan Request, provided, however, that (1) immediately before and after giving effect thereto, no Default shall or
would exist and the Borrower shall have delivered to the Administrative Agent a certificate signed by a Responsible Officer certifying that immediately before and after giving effect thereto, the representations and warranties of the Borrower
contained in Article II, Article V and the other Loan Documents are true and correct (provided, for purposes of this Section 2.17(b), the representations and warranties contained in Section 5.09(a), other than the penultimate sentence
thereof, shall be deemed to refer to the most recent financial statements furnished pursuant to Sections 6.01(a) and 6.01(b)), (2) each such Incremental U.S. Term Lender shall have executed and delivered to the Administrative Agent a supplement to
this Agreement providing for its increased U.S. Term Commitment or its U.S. Term Commitment, as applicable, in form approved by the Administrative Agent, (3) immediately after giving effect thereto, the aggregate amount of all Revolving
Facility Increases established pursuant to Section 2.16 and all Incremental U.S. Term Commitments established pursuant to this Section 2.17 shall not exceed $1,250,000,000, (4) the increase of the U.S. Term Facility specified in the
Incremental U.S. Term Loan Request shall be not less than $25,000,000 or an integral multiple thereof, (5) the minimum U.S. Term Commitment established by each Incremental U.S. Term Lender which is a New U.S. Term Lender shall be in an amount
of not less than $15,000,000 or an integral multiple of $1,000,000 in excess thereof, (6) the minimum increase to the U.S. Term Commitment established by each Incremental U.S. Term Lender which is an existing U.S. Term Lender shall be in an
amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and (7) on the effective date of each Incremental U.S. Term Commitment, the Borrower shall borrow an amount equal to the full amount of such Incremental
U.S. Term Commitment. If an Incremental U.S. Term Commitment is established in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date and the date of funding thereof and the Administrative Agent
shall advise each Incremental U.S. Term Lender of the details thereof. 

Section 2.18  Incremental Canadian Term Commitments. 

(a)        The Borrower may at its sole expense and effort and after consulting with
the Administrative Agent, at any time request: (i) one or more Canadian Term Lenders to establish (in the sole and absolute discretion of each such Canadian Term Lender) additional Canadian Term Commitments and/or (ii) one or more other
lending institutions acceptable to the Administrative 

  
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Agent (each, a “New Canadian Term Lender”) to become “Canadian Term Lenders” and establish Canadian Term Commitments hereunder (each such existing Canadian Term Lender
and each New Canadian Term Lender being referred to as a “Proposed Canadian Term Lender”). To request an extension of additional or new Canadian Term Commitments pursuant to this Section 2.18 (the “Incremental Canadian
Term Commitment”), the Borrower shall submit to the Administrative Agent a written request signed by the Borrower and in form approved by the Administrative Agent (the “Incremental Canadian Term Loan Request”), which shall
specify, as the case may be: (A) each such existing Canadian Term Lender and the amount of the proposed Incremental Canadian Term Commitment, or (B) the proposed Canadian Term Commitment for each New Canadian Term Lender. Promptly
following receipt of the Incremental Canadian Term Loan Request, the Administrative Agent shall advise each Proposed Canadian Term Lender of the details thereof. 

(b)        If one or more Proposed Canadian Term Lenders shall have unconditionally
agreed to such Incremental Canadian Term Loan Request in a writing delivered to the Borrower and the Administrative Agent at any time prior to the 30th day following the date of the delivery to such Proposed Canadian Term Lenders of the Incremental
Canadian Term Loan Request (each such Proposed Canadian Term Lender being hereinafter referred to as an “Incremental Canadian Term Lender”), then: (x) each such Incremental Canadian Term Lender which shall then be an existing
Canadian Term Lender shall have its Canadian Term Commitment increased by the amount set forth in the Incremental Canadian Term Loan Request and (y) each such Incremental Canadian Term Lender which shall then be a New Canadian Term Lender shall
be and become a “Canadian Term Lender” hereunder having a Canadian Term Commitment equal to the amount set forth in such Incremental Canadian Term Loan Request, provided, however, that (1) immediately before and after
giving effect thereto, no Default shall or would exist and the Borrower shall have delivered to the Administrative Agent a certificate signed by a Responsible Officer certifying that immediately before and after giving effect thereto, the
representations and warranties of the Borrower contained in Article II, Article V and the other Loan Documents are true and correct (provided, for purposes of this Section 2.18(b), the representations and warranties contained in
Section 5.09(a), other than the penultimate sentence thereof, shall be deemed to refer to the most recent financial statements furnished pursuant to Sections 6.01(a) and 6.01(b)), (2) each such Incremental Canadian Term Lender shall have
executed and delivered to the Administrative Agent a supplement to this Agreement providing for its increased Canadian Term Commitment or its Canadian Term Commitment, as applicable, in form approved by the Administrative Agent, (3) immediately
after giving effect thereto, the aggregate amount of all Incremental Canadian Term Commitments established pursuant to this Section 2.18 shall not exceed CAD 250,000,000, (4) the increase of the Canadian Term Facility specified in the
Incremental Canadian Term Loan Request shall be not less than CAD 25,000,000 or an integral multiple thereof, (5) the minimum Canadian Term Commitment established by each Incremental Canadian Term Lender which is a New Canadian Term Lender
shall be in an amount of not less than CAD 5,000,000 or an integral multiple of CAD 1,000,000 in excess thereof, (6) the minimum increase to the Canadian Term Commitment established by each Incremental Canadian Term Lender which is an existing
Canadian Term Lender shall be in an amount of not less than CAD 5,000,000 or an integral multiple of CAD 1,000,000 in excess thereof and (7) on the effective date of each Incremental Canadian Term Commitment, the Borrower shall borrow an amount
equal to the full amount of such Incremental Canadian Term Commitment. If an Incremental Canadian Term Commitment is established in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date and the
date of funding thereof and the Administrative Agent shall advise each Incremental Canadian Term Lender of the details thereof. 

  
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Section 2.19    Extension of Maturity Date for Revolving Facility.

 Subject to the following provisions, the Borrower shall have the option to extend the Maturity Date for each tranche of
the Revolving Facility for two successive terms of six (6) months each. By written notice to the Administrative Agent delivered at least 30 days, but not more than 90 days, prior to the then current Maturity Date for the applicable tranche of
the applicable Revolving Facility, so long as no Default or Event of Default has occurred, the Borrower may request an extension of the then current Maturity Date for the applicable tranche of the applicable Revolving Facility (which notice shall be
accompanied by a Compliance Certificate). Promptly upon receipt of such written notice, the Administrative Agent shall deliver a copy thereof to each Revolving Lender and the then current Maturity Date for the applicable tranche of the applicable
Revolving Facility shall be deemed extended by six (6) months. Each time that the Maturity Date for a tranche of a Revolving Facility is extended under this Section 2.19, the Borrower shall pay to the Administrative Agent for the ratable
benefit of the Revolving Lenders on the Maturity Date for the applicable tranche of the applicable Revolving Facility that is being extended, a non-refundable extension fee in an amount equal to 6.25 basis
points multiplied by the applicable tranche of the applicable Revolving Facility, as then in effect. 
 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 

Section 3.01    Taxes. 

(a)        Defined Term. For purposes of this Section 3.01, the term
“Applicable Law” includes FATCA. 
 (b)        Payments Free of Taxes;
Obligation to Withhold; Payments on Account of Taxes. Any and all payments by or on account of any obligation of the Borrower under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable
Laws. If any Applicable Laws (as determined in the good faith discretion of an applicable Withholding Agent) require the deduction or withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be
entitled to make such deduction or withholding and, if such Tax is an Indemnified Tax, then the sum payable by the Borrower shall be increased as necessary so that after any required withholding or the making of all required deductions (including
deductions applicable to additional sums payable under this Section 3.01) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 

(c)        Payment of Other Taxes by the Borrower. Without limiting the
provisions of subsection (a) above, the Borrower shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

 (d)        Tax Indemnifications. 

(i)        The Borrower shall and does hereby indemnify each Recipient, and shall
make payment in respect thereof within ten (10) Business Days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or 

  
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attributable to amounts payable under this Section 3.01) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient, and any penalties,
interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or
liability delivered to the Borrower by a Lender or the L/C Issuer (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or the L/C Issuer, shall be conclusive absent manifest error. The
Borrower shall also, and does hereby, indemnify the Administrative Agent, and shall make payment in respect thereof within ten (10) Business Days after demand therefor and the delivery of the above-described certificate, for any amount which a
Lender or the L/C Issuer for any reason fails to pay indefeasibly to the Administrative Agent as required pursuant to Section 3.01(d)(ii) below. 

(ii)        Each Lender and the L/C Issuer shall, and does hereby, severally
indemnify and shall make payment in respect thereof within ten (10) days after demand therefor, (A) the Administrative Agent against any Indemnified Taxes attributable to such Lender or the L/C Issuer (but only to the extent that the
Borrower has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower to do so), (B) the Administrative Agent and the Borrower, as applicable, against any Taxes attributable
to such Lender’s failure to comply with the provisions of Section 10.06(d) relating to the maintenance of a Participant Register and (C) the Administrative Agent and the Borrower, as applicable, against any Excluded Taxes attributable
to such Lender or the L/C Issuer, in each case, that are payable or paid by the Administrative Agent or the Borrower in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such
Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error.
Each Lender and the L/C Issuer hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or the L/C Issuer, as the case may be, under this Agreement or any other Loan Document against any
amount due to the Administrative Agent under this clause (ii). 

(e)        Evidence of Payments. Upon request by the Borrower or the
Administrative Agent, as the case may be, after any payment of Taxes by the Borrower or by the Administrative Agent to a Governmental Authority as provided in this Section 3.01, the Borrower shall deliver to the Administrative Agent or the
Administrative Agent shall deliver to the Borrower, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return required by Laws to report such payment or
other evidence of such payment reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be. 

(f)        Status of Lenders; Tax Documentation. 

(i)        Any Lender that is entitled to an exemption from or reduction of
withholding Tax with respect to payments made under any Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and
executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably

  
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requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested by the Borrower or the Administrative Agent as
will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the
completion, execution and submission of such documentation (other than such documentation set forth in Section 3.01(f)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in such Lender’s reasonable judgment such completion,
execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender. 

(ii)        Without limiting the generality of the foregoing, in the event that the
Borrower is a U.S. Person, 
 (A)        any Lender that is a U.S. Person shall
deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent),
executed copies of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax; 

(B)        any Foreign Lender shall, to the extent it is legally entitled to do so,
deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable: 

(1)        in the case of a Foreign Lender claiming the benefits of an income tax
treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed copies of IRS Form W-8BEN-E (or W-8BEN, as applicable) establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable
payments under any Loan Document, IRS Form W-8BEN-E (or W-8BEN, as applicable) establishing an exemption from, or reduction of,
U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

(2)        executed copies of IRS Form
W-8ECI; 
 (3)        in the case of a
Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit H-1 to the effect that
such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled
foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed copies of IRS Form
W-8BEN-E (or W-8BEN, as applicable); or 

(4)        to the extent a Foreign Lender is not the beneficial owner, executed
copies of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN-E (or W-8BEN, as applicable), a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-2 or
Exhibit H-3, IRS Form W-9, and/or other certification documents from each 

  
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beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest
exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-4 on behalf of each such direct and indirect partner; 

(C)        any Foreign Lender shall, to the extent it is legally entitled to do so,
deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower or the Administrative Agent), executed copies (or originals, as required) of any other form prescribed by Applicable Law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax,
duly completed, together with such supplementary documentation as may be prescribed by Applicable Law to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and 

(D)        if a payment made to a Lender under any Loan Document would be subject to
U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall
deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by Applicable Law (including as
prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their
obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (f)(ii)(D),
“FATCA” shall include any amendments made to FATCA after the date of this Agreement. In addition, each Lender shall indemnify the Administrative Agent and the Borrower for any withholding Tax or other penalties imposed in connection with
any “withholdable payment,” as defined in Section 1473 of the Code, made to a Foreign Lender that has failed to comply with the reporting requirements or otherwise qualify for an exemption under FATCA. 

(iii)        Each Lender agrees that if any form or certification it previously
delivered pursuant to this Section 3.01 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do
so. 
 (g)        Treatment of Certain Refunds. Unless required by
Applicable Laws, at no time shall the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender or the L/C Issuer, or have any obligation to pay to any Lender or the L/C Issuer, any refund of Taxes withheld or
deducted from funds paid for the account of such Lender or the L/C Issuer, as the case may be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been
indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this Section 3.01, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or
additional amounts paid, by the Borrower under this Section 3.01 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including
Taxes) and 

  
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net of any loss or gain realized in the conversion of such funds from or to another currency incurred by such Recipient, as the case may be, and without interest (other than any interest paid by
the relevant Governmental Authority with respect to such refund), provided that the Borrower, upon the request of the Recipient, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by
the relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this subsection, in no event will the applicable Recipient
be required to pay any amount to the Borrower pursuant to this subsection the payment of which would place the Recipient in a less favorable net after-Tax position than such Recipient would have been in if the
Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts giving rise with respect to such refund had never been paid. This subsection
shall not be construed to require the Recipient to make available its tax returns (or any other information relating to its taxes that it deems confidential) to, or to file for or otherwise pursue any refund on behalf of, the Borrower or any other
Person. 
 (h)        Survival. Each party’s obligations under this
Section 3.01 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the Commitments and the repayment, satisfaction or
discharge of all other Obligations. 
 Section 3.02    Illegality. 

If any Lender determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is
unlawful, for any Lender or its Lending Office to make, maintain or fund Loans whose interest is determined by reference to the Eurocurrency Rate, or to determine or charge interest rates based upon the Eurocurrency Rate or the LIBOR Daily Floating
Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, any Approved Currency in the London interbank market, then, on notice thereof by such Lender to the
Borrower through the Administrative Agent, (a) any obligation of such Lender to make or continue Eurocurrency Rate Loans or to convert Base Rate Loans or Daily Floating Rate Loans to Eurocurrency Rate Loans, or, in the case of Daily Floating
Rate Loans, to convert Base Rate Loans or Eurocurrency Rate Loans in Dollars to Daily Floating Rate Loans shall be suspended and (b) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on
which is determined by reference to the Eurocurrency Rate component of the Base Rate, the interest rate on such Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference
to the Eurocurrency Rate component of the Base Rate, in each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice,
(i) the Borrower shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all Eurocurrency Rate Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such
Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurocurrency Rate component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may
lawfully continue to maintain such Eurocurrency Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurocurrency Rate Loans and (ii) if such notice asserts the illegality of such Lender determining
or charging interest rates based upon the Eurocurrency Rate, 

  
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the Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurocurrency Rate component thereof until the
Administrative Agent is advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge interest rates based upon the Eurocurrency Rate. Upon any such prepayment or conversion, the Borrower shall also pay
accrued interest on the amount so prepaid or converted. 
 Section 3.03    Inability to
Determine Rates. 
 If the Required Lenders determine that for any reason in connection with any request for a
Eurocurrency Rate Loan or a conversion to or continuation thereof or a request for or conversion to a Daily Floating Rate Loan, that (a) deposits (whether denominated in Dollars or an Alternative Currency) are not being offered to banks in the
applicable offshore interbank market for such currency for the applicable amount and Interest Period of such Eurocurrency Rate Loan or in Dollars for the applicable term with respect to any Daily Floating Rate Loan, (b) adequate and reasonable
means do not exist for determining the Eurocurrency Rate for any requested Interest Period with respect to a proposed Eurocurrency Rate Loan (whether denominated in Dollars or an Alternative Currency), or in connection with an existing or proposed
Base Rate Loan, or for determining the LIBOR Daily Floating Rate for any applicable term with respect to an existing or proposed Daily Floating Rate Loan, or (c) the Eurocurrency Rate for any requested Interest Period with respect to a proposed
Eurocurrency Rate Loan, or the LIBOR Daily Floating Rate with respect to an existing or proposed Daily Floating Rate Loan, as the case may be, does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative
Agent will promptly so notify the Borrower and each Lender. Thereafter, (i) the obligation of the Lenders to make or maintain Eurocurrency Rate Loans in the affected currency or currencies or to make or maintain Daily Floating Rate Loans, as
applicable, shall be suspended and (ii) in the event of a determination described in the preceding sentence with respect to the Eurocurrency Rate component of the Base Rate, the utilization of the Eurocurrency Rate component in determining the
Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to
or continuation of Eurocurrency Rate Loans in the affected currency or currencies under the appropriate Facility or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans under the appropriate
Facility in the amount specified therein. 
 Section 3.04    Increased Costs; Reserves on
Eurocurrency Rate Loans and Daily Floating Rate Loans. 

(a)        Increased Costs Generally. If any Change in Law shall: 

(i)        impose, modify or deem applicable any reserve, special deposit, compulsory
loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except (A) any reserve requirement contemplated by Section 3.04(f) and (B) the
requirements of the Bank of England and the Financial Services Authority or the European Central Bank to the extent reflected in the Mandatory Cost, other than as set forth below) or the L/C Issuer; 

  
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 (ii)        subject any Recipient
to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or
other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; 

(iii)        result in the failure of the Mandatory Cost, as calculated hereunder, to
represent the cost to any Lender of complying with the requirements of the Bank of England and/or the Financial Services Authority or the European Central Bank in relation to its making, funding or maintaining Eurocurrency Rate Loans or Daily
Floating Rate Loans; or 
 (iv)        impose on any Lender or the L/C Issuer or
the London interbank market any other condition, cost or expense affecting this Agreement, Eurocurrency Rate Loans or Daily Floating Rate Loans made by such Lender or any Letter of Credit or participation therein; 

and the result of any of the foregoing shall be to increase the cost to such Lender of making, converting to, continuing or maintaining any
Loan the interest on which is determined by reference to the Eurocurrency Rate or the LIBOR Daily Floating Rate (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or the L/C Issuer of participating in,
issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of
principal, interest or any other amount) then, upon request of such Lender or the L/C Issuer, the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C
Issuer, as the case may be, for such additional costs incurred or reduction suffered. 

(b)        Capital Requirements. If any Lender or the L/C Issuer determines
that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has or would have the effect of
reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the
Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company
could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy and
liquidity), then from time to time the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding
company for any such reduction suffered. 
 (c)        Mandatory Costs. If
any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a
percentage rate per annum and shall be payable on the full amount of the applicable Obligations. 

(d)        Certificates for Reimbursement. A certificate of a Lender or the
L/C Issuer setting forth the amount or amounts necessary to compensate such Lender or the L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and

  
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delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or the L/C Issuer, as the case may be, the amount shown as due on any such certificate
within ten (10) days after receipt thereof. 
 (e)        Delay in
Requests. Failure or delay on the part of any Lender or the L/C Issuer to demand compensation pursuant to the foregoing provisions of this Section 3.04 shall not constitute a waiver of such Lender’s or the L/C Issuer’s right to
demand such compensation, provided that the Borrower shall not be required to compensate a Lender or the L/C Issuer pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions suffered more than nine
(9) months prior to the date that such Lender or the L/C Issuer, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or the L/C Issuer’s intention to
claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine (9) month period referred to above shall be extended to include the period of retroactive effect
thereof). 
 (f)        Reserves on Eurocurrency Rate Loans and/or Daily
Floating Rate Loans. The Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as
“Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurocurrency Rate Loan and/or Daily Floating Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as
determined by such Lender in good faith, which determination shall be conclusive), which shall be due and payable on each date on which interest is payable on such Loan, provided that the Borrower shall have received at least ten
(10) days’ prior notice (with a copy to the Administrative Agent) of such additional interest from such Lender. If a Lender fails to give notice ten (10) days prior to the relevant Interest Payment Date, such additional interest shall
be due and payable ten (10) days from receipt of such notice. 

Section 3.05    Compensation for Losses. 

Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate
such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 

(a)        any continuation, conversion, payment or prepayment of any Loan other than
a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 

(b)        any failure by the Borrower (for a reason other than the failure of such
Lender to make a Loan) to prepay, borrow, continue or convert into any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; 

(c)        any failure by the Borrower to make payment of any Loan or drawing under
any Letter of Credit (or interest due thereon) denominated in an Alternative Currency on its scheduled due date or any payment thereof in a different currency; or 

(d)        any assignment of a Eurocurrency Rate Loan or an RFR Loan on a day other
than the last day of the Interest Period or Interest Payment Date, as applicable, therefor as a result of a request by the Borrower pursuant to Section 10.13; 

  
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 including any loss of anticipated profits and any loss or expense arising from the
liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in
connection with the foregoing. 
 For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05,
each Lender shall be deemed to have funded each Eurocurrency Rate Loan made by it at the Eurocurrency Rate for such Loan by a matching deposit or other borrowing in the offshore interbank market for such currency for a comparable amount and for a
comparable period, whether or not such Eurocurrency Rate Loan was in fact so funded. A certificate of a Lender setting forth in detail sufficient to enable the Borrower to verify the computation of the amount or amounts necessary to compensate such
Lender as specified in this Section and delivered to the Borrower shall be conclusive absent manifest error. 

Section 3.06    Mitigation Obligations; Replacement of Lenders. 

(a)        Designation of a Different Lending Office. If any Lender requests
compensation under Section 3.04, or requires the Borrower to pay any Indemnified Taxes or additional amounts to any Lender, the L/C Issuer, or any Governmental Authority for the account of any Lender or the L/C Issuer pursuant to
Section 3.01, or if any Lender gives a notice pursuant to Section 3.02, then at the request of the Borrower, such Lender or the L/C Issuer shall, as applicable, use reasonable efforts to designate a different Lending Office for funding or
booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the judgment of such Lender or the L/C Issuer, such designation or assignment (i) would eliminate or reduce
amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as applicable and (ii) in each case, would not subject such Lender or the L/C Issuer,
as the case may be, to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or the L/C Issuer, as the case may be. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender or
the L/C Issuer in connection with any such designation or assignment. 

(b)        Replacement of Lenders. If any Lender requests compensation under
Section 3.04, or if the Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01 and, in each case, such Lender has declined
or is unable to designate a different lending office in accordance with Section 3.06(a), the Borrower may replace such Lender in accordance with Section 10.13. 

Section 3.07    Benchmark Replacement Setting.

 Notwithstanding anything to the contrary herein or in any other Loan Document: 

(a)        Replacing USD LIBOR. On March 5, 2021 ICE Benchmark
Administration (“IBA”), the entity that calculates and publishes LIBOR, and the U.K. Financial Conduct Authority (“FCA”), the regulatory supervisor of IBA, made public statements regarding the future cessation of
LIBOR. According to the FCA, IBA will permanently cease publication of (i) all GBP, EUR, CHF and JPY LIBOR settings, and the 1-week and 2-month USD LIBOR

  
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settings following the publication of such settings on December 31, 2021, and (ii) the overnight/Spot Next, 1-month, 3-month, 6-month and 12-month USD LIBOR settings, immediately following the publication of such settings on June 30, 2023. As a
consequence, (x) on January 1, 2022, each applicable Benchmark Replacement will replace all LIBOR settings for any Loans denominated in Euro, Sterling, Yen and Swiss Francs, and any option to select 1 week or
2-month USD LIBOR will no longer be available, and (y) on the earliest of (i) July 1, 2023, (ii) the date that all Available Tenors of USD LIBOR have either permanently or indefinitely ceased to
be provided by IBA or have been announced by the FCA pursuant to public statement or publication of information to be no longer representative and (iii) the Early Opt-in Effective Date, with respect to
Loans denominated in US Dollars, if the then-current Benchmark is USD LIBOR, the applicable Benchmark Replacement will replace such Benchmark, in the case of both clauses (x) and (y), for all purposes hereunder and under any Loan Document in
respect of any setting of such Benchmark on such day and all subsequent settings without any amendment to, or further action by or consent of any other party to, this Agreement or any other Loan Document. If the Benchmark Replacement for Loans
denominated in US Dollars is Daily Simple SOFR, all interest payments in respect of such Loans will be payable on a quarterly basis. 

(b)        Replacing Other Benchmarks. 

(i)        If any Benchmark Transition Event occurs after the date hereof (other than
as described above in clause (a)) with respect to any Benchmark, the applicable Benchmark will be replaced with the applicable Benchmark Replacement for all purposes hereunder and under any Loan Document in respect of any Benchmark setting on the
later of (A) 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders and the Borrower (together, if applicable, with an amendment to this Agreement implementing
such Benchmark Replacement and any applicable Benchmark Replacement Conforming Changes) or (B) such other date as may be determined by the Administrative Agent, in each case, without any further action or consent of any other party to this
Agreement or any other Loan Document, so long as the Administrative Agent has not received, by such time (or, in the case of clause (B) above, such time as may be specified by the Administrative Agent as a deadline to receive objections, but in
any case, no less than five (5) Business Days after the date such notice is provided to the Lenders and the Borrower), written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders. 

(ii)        On the Early Opt-in Effective
Date in respect of an Early Opt-In Election or an Other Rate Early Opt-in, the Benchmark Replacement will replace LIBOR for all purposes hereunder and under any Loan
Document in respect of any setting of such Benchmark on such day and all subsequent settings without any amendment to, or further action or consent of any other party to this Agreement or any other Loan Document. 

(iii)        At any time that the administrator of any then-current Benchmark has
permanently or indefinitely ceased to provide such Benchmark or such Benchmark has been announced by the regulatory supervisor for the administrator of such Benchmark pursuant to public statement or publication of information to be no longer
representative of the underlying market and economic reality that such Benchmark is intended to measure and that representativeness will not be restored, the Borrower may revoke any request for a borrowing of, conversion to or continuation of Loans
to be made, converted or continued that would bear interest by reference to 

  
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such Benchmark until the Borrower’s receipt of notice from the Administrative Agent that a Benchmark Replacement has replaced such Benchmark, and, failing that, the Borrower will be deemed
to have converted any such request into a request for a borrowing of or conversion to Base Rate Loans. During the period referenced in the foregoing sentence, the component of the Base Rate based upon the applicable Benchmark will not be used in any
determination of the Base Rate. 
 (c)        Benchmark Replacement Conforming
Changes. In connection with the implementation and administration of a Benchmark Replacement (whether in connection with the replacement of LIBOR or any future Benchmark), the Administrative Agent will have the right to make Benchmark
Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further
action or consent of any other party to this Agreement or any other Loan Document. 

(d)        Notices; Standards for Decisions and Determinations. The
Administrative Agent will promptly notify the Borrower and the Lenders of (i) the implementation of any Benchmark Replacement and (ii) the effectiveness of any Benchmark Replacement Conforming Changes. Any determination, decision or
election that may be made by the Administrative Agent pursuant to this Section including, without limitation, any determination with respect to a tenor, rate or adjustment, or implementation of any Benchmark Replacement Conforming Changes, the
timing of implementation of any Benchmark Replacement or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and
binding on all parties hereto absent manifest error and may be made in its sole discretion and without consent from any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant to this Section,
and shall not be a basis of any claim of liability of any kind or nature by any party hereto, all such claims being hereby waived individually by each party hereto. 

(e)        Unavailability of Tenor of Benchmark. At any time (including in
connection with the implementation of a Benchmark Replacement), (i) if a then-current Benchmark is a term rate (including Term SOFR, Term TONA or USD LIBOR), then the Administrative Agent may remove any tenor of such Benchmark that is unavailable or
non-representative for such Benchmark (including any Benchmark Replacement) settings and (ii) if such tenor becomes available or representative, the Administrative Agent may reinstate any previously
removed tenor for such Benchmark (including any Benchmark Replacement) settings. 

Section 3.08    Survival.  

All of the Borrower’s obligations under this Article III shall survive termination of the Aggregate Commitments,
repayment of all other Obligations hereunder, resignation of the Administrative Agent and the Facility Termination Date. 

  
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 ARTICLE IV 

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 

Section 4.01    Conditions of Initial Credit Extension. 

The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction of
the following conditions precedent: 
 (a)        Execution of Credit Agreement;
Loan Documents. The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a
Note payable to the order of each such requesting Lender, executed by a Responsible Officer and (iii) counterparts of any other Loan Document, executed by a Responsible Officer and a duly authorized officer of each other Person party thereto.

 (b)        Officer’s Certificate. The Administrative Agent shall
have received a certificate of a Responsible Officer (in substantially the form of Exhibit G attached hereto) dated the Closing Date, certifying as to the Organization Documents of the Borrower (which, to the extent filed
with a Governmental Authority, shall be certified as of a recent date by such Governmental Authority), the resolutions of the governing body of the Borrower, the good standing, existence or its equivalent of the Borrower and of the incumbency of the
Responsible Officers. 
 (c)        Legal Opinion of Counsel. The
Administrative Agent shall have received a written opinion (addressed to the Administrative Agent and the Lenders and dated the Closing Date) from Gibson, Dunn & Crutcher, LLP, counsel to the Borrower, covering such matters relating to the
Borrower and this Agreement as the Required Lenders shall reasonably request. The Borrower hereby requests such counsel to deliver such opinion. 

(d)        Financial Statements. The Administrative Agent and the Lenders
shall have received copies of the Financial Statements referred to in Section 5.09, each in form and substance satisfactory to each of them. 

(e)        Responsible Officer Closing Certificate. A certificate signed by a
Responsible Officer certifying (i) that the conditions specified in Section 4.02 have been satisfied, (ii) the current Ratings and (iii) that, as of the date of the last financial statements delivered pursuant to the Existing
Credit Agreement, the Borrower was in compliance with the financial covenants contained in Section 6.09. 

(f)        Existing Credit Agreement. Subject to Section 10.23, the
Existing Credit Agreement shall have been terminated (except as to any provisions thereof that survive such termination) and all amounts owing thereunder, if any, shall have been paid in full. 

(g)        KYC. The Borrower shall have delivered to the Administrative Agent
and each Lender at least 3 Business Days prior to the Closing Date such reasonable documentation (including, if applicable, a certification regarding beneficial ownership as required by 31 C.F.R. § 1010.230) and other information required by
bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the 

  
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PATRIOT Act, to the extent reasonably requested by the Administrative Agent or any Lender requested at least 10 Business Days prior to the Closing Date. 

(h)        Legal Matters. All legal matters incident to the initial Loans and
if issued, the initial Letter of Credit, shall be satisfactory to counsel to the Administrative Agent. 

(i)        Loan Notice. The Administrative Agent shall have received a Loan
Notice with respect to the Loans (if any) to be made on the Closing Date. 

(j)        Solvency Certificate. The Administrative Agent shall have received
a solvency certificate substantially in the form of Exhibit K. 

(k)        Consents. The Administrative Agent shall have received evidence
that all boards of directors, governmental, shareholder and material third party consents and approvals necessary in connection with the entering into of this Agreement have been obtained. 

(l)        Fees and Expenses. The Administrative Agent and the Lenders shall
have received all fees and expenses, if any, owing pursuant to one or more written agreements including without limitation, this Agreement. 

Section 4.02    Conditions to all Credit Extensions.  

The obligation of each Lender and the L/C Issuer to honor any Request for Credit Extension (other than a Loan Notice
requesting only a conversion of Loans to the other Type, or a continuation of Eurocurrency Rate Loans) is subject to the following conditions precedent: 

(a)        The representations and warranties of the Borrower contained in Article V
or any other Loan Document (other than the representations and warranties in Section 5.09(c), which shall be made only as of the Closing Date), or which are contained in any document furnished at any time under or in connection herewith or
therewith, shall be true and correct in all material respects on and as of the date of such Credit Extension (other than any representation and warranty that is already qualified by materiality or Material Adverse Effect in the text thereof, in
which case such representation and warranty shall be true and correct in all respects), except that for purposes of this Section 4.02, (i) the representations and warranties contained in Sections 5.09(a) and 5.09(b) shall be deemed to refer to
the most recent financial statements furnished pursuant to Sections 6.01(a) and 6.01(b), respectively, and (ii) representations and warranties that refer to a specific date (other than those contained in Sections 5.09(a) and 5.09(b)), shall be
true and correct as of such date. 
 (b)        No Default shall exist, or would
result from such proposed Credit Extension or from the application of the proceeds thereof. 

(c)        The Administrative Agent and, if applicable, the L/C Issuer shall have
received a Request for Credit Extension in accordance with the requirements hereof. 

(d)        In the case of a Credit Extension to be denominated in an Alternative
Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required
Lenders (in the case of any Loans to be 

  
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denominated in an Alternative Currency) or the L/C Issuer (in the case of any Letter of Credit to be denominated in an Alternative Currency) would make it impracticable for such Credit Extension
to be denominated in the relevant Alternative Currency. 
 Each Request for Credit Extension (other than a Loan Notice requesting only a
conversion of Loans to the other Type or a continuation of Eurocurrency Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have been satisfied on
and as of the date of the applicable Credit Extension. 

Section 4.03    Determinations under Sections 4.01 and 4.02. 

Without limiting the generality of the provisions of the last paragraph of Section 9.03, for purposes of determining
whether the conditions precedent specified in Sections 4.01 and 4.02 have been satisfied, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required to be consented to,
approved by, or acceptable to or satisfactory to a Lender, unless the Administrative Agent shall have received notice from such Lender prior to the Closing Date or the proposed date of such Credit Extension, as applicable, specifying its objection
thereto. 
 ARTICLE V 

REPRESENTATIONS AND WARRANTIES 

The Borrower represents and warrants to the Administrative Agent and the Lenders that: 

Section 5.01    Organization. 

(a)        Each of the Borrower and the Subsidiaries is duly organized and validly
existing under the laws of its state of organization and has the power to own its assets and to transact the business in which it is presently engaged. 

(b)        Each of the Borrower and the Subsidiaries is in good standing in its state
of organization and in each state in which the character of the properties owned or the business transacted requires qualification, except to the extent that the failure to do so could not reasonably be expected to have a Material Adverse Effect.

 Section 5.02    Power, Authority, Consents. 

The Borrower has the power to execute, deliver and perform the Loan Documents to be executed by it. The Borrower has the power
to request extensions of credit hereunder and has taken all necessary action, corporate or otherwise, to authorize the extensions of credit hereunder on the terms and conditions of this Agreement. The Borrower has taken all necessary action,
corporate or otherwise, to authorize the execution, delivery and performance of the Loan Documents to be executed by it. No consent or approval of any Person (including, without limitation, any stockholder of the Borrower), no consent or approval of
any landlord or mortgagee, no waiver of any Lien or right of distraint or other similar right and no consent, license, certificate of need, approval, authorization or declaration of any governmental authority, bureau or agency, is or will be
required in connection with the execution, delivery or performance by the Borrower of, the extensions of credit under, or the validity or enforceability of, the Loan Documents, except 

  
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as set forth on Schedule 5.02 hereto, each of which either has been duly and validly obtained on or prior to the date hereof and is now in full force and effect, or is designated on Schedule 5.02
as waived by the Required Lenders. 
 Section 5.03    No Violation of Law or Agreements.

 The execution and delivery by the Borrower of each Loan Document to which it is a party, the performance by it
thereunder and the extensions of credit hereunder, will not (a) violate any provision of law and will not conflict with or result in a breach of any order, writ, injunction, ordinance, resolution, decree, or other similar document or instrument
of any court or governmental authority, bureau or agency, domestic or foreign, or any certificate of incorporation or by-laws or other organizational document of the Borrower, except for such defaults and
breaches which in the aggregate could not have a Material Adverse Effect, (b) result in the imposition of any Lien of any nature whatsoever upon any of the properties or assets owned by or used in connection with the business of the Borrower
(other than Liens permitted by Section 7.02) or (c) create (with or without the giving of notice or lapse of time, or both) a default under or breach of any agreement, bond, note or indenture in an aggregate principal amount in excess of
the Threshold Amount to which the Borrower is a party, or by which the Borrower is bound or any of its properties or assets is affected, except for such defaults and breaches which in the aggregate could not have a Material Adverse Effect. 

Section 5.04    Due Execution, Validity, Enforceability. 

This Agreement and each other Loan Document to which the Borrower is a party has been duly executed and delivered by the
Borrower and each constitutes the valid and legally binding obligation of the Borrower, enforceable in accordance with its terms, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other
similar laws, now or hereafter in effect, relating to or affecting the enforcement of creditors’ rights generally and except that the remedy of specific performance and other equitable remedies are subject to judicial discretion. 

Section 5.05    Title to Properties. 

Each of the Borrower and the Subsidiaries has good and marketable title in fee simple to, or valid leasehold interests in, all
real property necessary or used in the ordinary course of its business, except for such defects in title as could not, individually or in the aggregate, have a Material Adverse Effect. 

Section 5.06    Judgments, Actions, Proceedings. 

Except as set forth on Schedule 5.06 hereto, there are no actions, suits, proceedings (including, without limitation, any
Environmental Proceeding), claims, investigations or disputes pending or, to the knowledge of the Borrower, threatened or contemplated, at law, in equity, in arbitration or before any Governmental Authority, by or against or affecting the Borrower
or any Subsidiary or against any of their properties or revenues that (a) affect or pertain to this Agreement or any other Loan Document, or any of the transactions contemplated hereby, or (b) as to which there is a reasonable possibility
of an adverse determination, and, if so adversely determined, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 

  
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 Section 5.07    No Defaults, Compliance with
Laws. 
 Except as set forth on Schedule 5.07 hereto, none of the Borrower or any of the Subsidiaries is in default
under any agreement, ordinance, resolution, decree, bond, note, indenture, order or judgment to which it is a party or by which it is bound, or any other agreement or other instrument by which any of the properties or assets owned by it or used in
the conduct of its business is affected, which default could have a Material Adverse Effect. Each of the Borrower and the Subsidiaries has complied and is in compliance in all respects with all Applicable Laws, ordinances and regulations,
resolutions, ordinances, decrees, executive orders, judgments and other similar documents and instruments of all courts and governmental authorities, bureaus and agencies, domestic and foreign, including, without limitation, all applicable
provisions of the Americans with Disabilities Act (42 U.S.C. §12101-12213) and the regulations issued thereunder and all applicable ERISA and Environmental Laws, non-compliance with which could have a
Material Adverse Effect. 
 Section 5.08    Burdensome Documents. 

Except as set forth on Schedule 5.08 hereto, neither the Borrower nor any of the Subsidiaries is a party to or bound by, nor
are any of the properties or assets owned by any of them used in the conduct of its businesses affected by, any agreement, ordinance, resolution, decree, bond, note, indenture, order or judgment, including, without limitation, any of the foregoing
relating to any Environmental Liability, that materially and adversely affects their respective businesses, assets or conditions, financial or otherwise. 

Section 5.09    Financial Statements; Projections.  

(a)        Each of the Financial Statements is complete and presents fairly the
Consolidated financial position of the Borrower and its Subsidiaries as at its date and the Consolidated results of operations of the Borrower and its Subsidiaries for the fiscal year of the Borrower ended on such date, and has been prepared in
accordance with GAAP. Neither the Borrower nor any of the Subsidiaries has any material obligation, liability or commitment, direct or contingent (including, without limitation, any Environmental Liability), that is not reflected in the Financial
Statements. The Borrower’s fiscal year is the twelve-month period ending on December 31 in each year. 

(b)        The projections have been prepared on the basis of the assumptions
accompanying them and reflect as of the date thereof the Borrower’s good faith projections, after reasonable analysis, of the matters set forth therein, based on such assumptions (it being understood that actual results may differ materially
from projections). 
 (c)        There has been no material adverse change in the
financial position or operations of the Borrower or any of the Subsidiaries since the date of the latest balance sheet included in the Financial Statements (the “Latest Balance Sheet”). 

Section 5.10    Tax Returns. 

Each of the Borrower and the Subsidiaries has filed all federal, state and local tax returns required to be filed by it and
has not failed to pay any taxes, or interest and penalties relating 

  
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thereto, on or before the due dates thereof, except where such failure to file or failure to pay could not, individually or in the aggregate, have a Material Adverse Effect. Except to the extent
that reserves therefor are reflected in the Financial Statements: (i) there are no material federal, state or local tax liabilities of the Borrower or any of the Subsidiaries, due or to become due for any tax year ended on or prior to the date
of the Latest Balance Sheet relating to such entity, whether incurred in respect of or measured by the income of such entity, that are not properly reflected in the Latest Balance Sheet relating to such entity and (ii) there are no material
claims pending or, to the knowledge of the Borrower, proposed or threatened against the Borrower or any of the Subsidiaries for past federal, state or local taxes, except those, if any, as to which proper reserves are reflected in the Financial
Statements. 
 Section 5.11    Intangible Assets. 

Each of the Borrower and the Subsidiaries possesses all patents, trademarks, service marks, trade names, and copyrights, and
rights with respect to the foregoing, necessary to conduct its business as now conducted and as proposed to be conducted, without any conflict with the patents, trademarks, service marks, trade names, and copyrights and rights with respect to the
foregoing, of any other Person. 
 Section 5.12    Regulation U; Investment
Company Act; Affected Financial Institution. 
 The Borrower is not engaged and will not engage, principally
or as one of its important activities, in the business of purchasing or carrying “margin stock”, as such term is defined in §221.3 of Regulation U of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II, Part
221. The Borrower is not an “investment company” within the meaning of the Investment Company Act of 1940. The Borrower is not an Affected Financial Institution. 

Section 5.13    Name Changes, Mergers, Acquisitions. 

Except as publicly disclosed, the Borrower has not within the six-year period
immediately preceding the date of this Agreement changed its name, been the surviving entity of a merger or consolidation, or, except in the ordinary course of business, acquired all or substantially all of the assets of any Person. 

Section 5.14    Full Disclosure. 

Neither the Financial Statements nor any certificate, opinion, or any other statement made or furnished in writing to the
Administrative Agent or any Lender by or on behalf of the Borrower in connection with this Agreement or the transactions contemplated herein or pursuant hereto, contains any untrue statement of a material fact, or omits to state a material fact
necessary in order to make the statements contained therein or herein not misleading, as of the date such statement was made. There is no fact known to the Borrower that has, or would in the now foreseeable future have, a Material Adverse Effect,
which fact has not been set forth herein, in the Financial Statements, in filings with the SEC or in any certificate, opinion or other written statement so made or furnished to the Administrative Agent or the Lenders. Notwithstanding the foregoing,
with respect to the projections, the Borrower represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time (it being understood that actual results may differ materially from
projections). 

  
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 Section 5.15    Licenses and Approvals.

 (a)        Each of the Borrower and the Subsidiaries has all necessary
licenses, permits and governmental authorizations, including, without limitation, licenses, permits and authorizations arising under or relating to Environmental Laws, to own and operate its properties and to carry on its business as now conducted,
the absence of which would have a Material Adverse Effect. 
 (b)        To the
best of the Borrower’s knowledge, no violation exists of any Applicable Law pertaining to the ownership or operation of any Health Care Facility of the Borrower or any Operator that would have a reasonable likelihood of leading to revocation of
any license necessary for the operation of such Health Care Facility, the revocation of which would have a Material Adverse Effect. 

Section 5.16    ERISA. 

(a)        Except as set forth on Schedule 5.16 hereto, no Employee Benefit Plan is
maintained or has ever been maintained by the Borrower or any ERISA Affiliate, nor has the Borrower or any ERISA Affiliate ever contributed to a Multiemployer Plan. 

(b)        There are no agreements which will provide payments to any officer,
employee, shareholder or highly compensated individual which will be “parachute payments” under 280G of the Code that are nondeductible to the Borrower and which will be subject to tax under Section 4999 of the Code for which the
Borrower will have a material withholding liability. 
 Section 5.17    REIT Status.

 The Borrower meets all requirements to qualify as a REIT. 

Section 5.18    Sanctions; Anti-Corruption.  

(a)        Neither the Borrower nor any of its Subsidiaries is a Person that is, or
is owned or controlled by persons that are: (i) the target of any sanctions administered or enforced by OFAC, the U.S. Department of State, the United Nations Security Council, the European Union or any member state thereof, Her Majesty’s
Treasury of the United Kingdom, or other relevant sanctions authority (collectively, “Sanctions”), or (ii) located, organized or resident in a country or territory that is the subject of Sanctions (including currently, Crimea,
Cuba, Iran, North Korea and Syria). To the knowledge of the Borrower, no director, officer of employee of the Borrower or any of its Subsidiaries is person that is, or is owned or controlled by persons that are currently the target of any Sanctions.

 (b)        The Borrower, its Subsidiaries and their respective directors,
officers and employees are in compliance with all applicable Sanctions and with the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the “FCPA”) and any other applicable
Anti-Corruption Law, in all material respects. The Borrower and its Subsidiaries have instituted and maintain policies and procedures designed to promote and achieve continued compliance with applicable Sanctions, the FCPA and any other applicable
Anti-Corruption Laws. 

  
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 Section 5.19    Solvency. 

As of the Closing Date after giving effect to each Credit Extension (if any), the Borrower and its Subsidiaries, on a
consolidated basis, are Solvent. 
 Section 5.20    Beneficial Ownership. 

 As of the Closing Date, the information included in any Beneficial Ownership Certification is true and correct in all
respects. 
 ARTICLE VI 

AFFIRMATIVE COVENANTS 

The Borrower hereby covenants and agrees that on the Closing Date and thereafter until the Facility Termination Date, the
Borrower shall, and shall cause each of its Subsidiaries to: 
 Section 6.01    Financial
Statements. 
 Deliver to the Administrative Agent and each Lender, in form and detail satisfactory to the Administrative Agent and
the Required Lenders: 
 (a)        Annual Financial Statements.
Annually, as soon as available, but in any event within 90 days after the last day of each of its fiscal years, a Consolidated balance sheet of the Borrower and its Subsidiaries as at such last day of the fiscal year, and Consolidated statements
of income and retained earnings and statements of cash flow, for such fiscal year, each prepared in accordance with generally accepted accounting principles consistently applied, in reasonable detail, and certified without qualification by a
nationally recognized independent public accounting firm or by any other certified public accounting firm satisfactory to the Administrative Agent as fairly presenting the financial position and results of operations of the Borrower and its
Subsidiaries as at and for the year ending on its date and as having been prepared in accordance with GAAP; provided, however, the Borrower may satisfy its obligations to deliver the financial statements described in this Section 6.01(a)
by furnishing to the Lenders a copy of its annual report on Form 10-K in respect of such fiscal year together with the financial statements required to be attached thereto, provided the Borrower is
required to file such annual report on Form 10-K with the SEC and such filing is actually made. 

(b)        Quarterly Financial Statements. As soon as
available, but in any event within 45 days after the end of each of the Borrower’s fiscal quarters, a Consolidated balance sheet of the Borrower and the Subsidiaries as of the last day of such quarter and Consolidated statements of income and
retained earnings and statements of cash flow, for such quarter, and on a comparative basis figures for the corresponding date or period of the immediately preceding fiscal year, all in reasonable detail, each such statement to be certified in a
certificate of the chief financial officer of the Borrower as accurately presenting the financial position and the results of operations of the Borrower and its Subsidiaries as at its date and for such quarter and as having been prepared in
accordance with GAAP (subject to year-end audit adjustments); provided, however, the Borrower may satisfy its obligations to deliver the financial statements described in this Section 6.01(b) by
furnishing to the Lenders a copy of its quarterly report on Form 10-Q in respect of such fiscal quarter together with the financial statements required to be attached thereto,

  
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provided the Borrower is required to file such quarterly report on Form 10-Q with the SEC and such filing is actually made. 

(c)        Compliance Information. Promptly after a written request
therefor, such other financial data or information evidencing compliance with the requirements of this Agreement, the Notes and the other Loan Documents, as any Lender may reasonably request from time to time. 

(d)        Compliance Certificate. At the same time as it delivers the
financial statements required under the provisions of Sections 6.01(a) and 6.01(b), a duly completed Compliance Certificate signed by a Responsible Officer. 

(e)        [Intentionally Omitted].

(f)        Portfolio Information. As soon as available but in any event
not less than 45 days after the end of each fiscal quarter of the Borrower: 

(i)        (A) a copy of the quarterly “WELL Supplemental Information”
posted on the Borrower’s website (which includes financial information relating to the Borrower’s portfolio), or (B) if such “WELL Supplemental Information” is not available, a report, with respect to the quarterly period
immediately prior to the fiscal quarter for which such report is submitted, containing financial information with respect to the Borrower’s portfolio in a form substantially similar to that set forth in the most recently posted “WELL
Supplemental Information”. 
 (ii)        Such other information regarding the
financial condition of the Operators as the Administrative Agent may from time to time reasonably request, subject to each of their agreement that all such information shall be and remain confidential and none of such information may be distributed
to any other Person without the Borrower’s prior consent. 

(g)        Accountants’ Reports.
Promptly upon receipt thereof, copies of all material reports submitted to the Borrower by its independent accountants in connection with any annual or interim audit of the books of the Borrower or its Subsidiaries made by such accountants which
material reports are a necessary part of such annual or interim audit. 

(h)        Copies of Documents. Promptly upon their becoming available,
copies of any: (i) financial statements, non-routine reports and notices (other than routine correspondence), any of which are of a material nature, requests for waivers and proxy statements, in each
case, delivered by the Borrower or any of its Subsidiaries to any of their respective existing lending institutions or creditors; (ii) correspondence or notices received by the Borrower from any federal, state or local governmental authority
that regulates the operations of the Borrower or any of its Subsidiaries, relating to an actual or threatened change or development that would be materially adverse to the Borrower or any Subsidiary; (iii) registration statements and any
amendments and supplements thereto, and any regular and periodic reports, if any, filed by the Borrower or any of its Subsidiaries with any securities exchange or with the SEC or any governmental authority succeeding to any or all of the functions
of the SEC; and (iv) at the request of the Administrative Agent, any appraisals received by the Borrower or any of its Subsidiaries with respect to the properties or assets of the Borrower or its Subsidiaries during the term of this Agreement.
In addition, promptly following any request therefor information and documentation reasonably requested by the Administrative Agent or any Lender for purposes of compliance with applicable 

  
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“know your customer” requirements under the PATRIOT Act or other applicable anti-money laundering laws. 

(i)        Notices of Defaults. Promptly, notice of the occurrence of
any Default or Event of Default, or any event that would constitute or cause a Material Adverse Effect. 

(j)        ERISA Notices and Requests. 

(i)        Concurrently with such filing, a copy of each Form 5500 that is filed with
respect to each Plan with the IRS; and 
 (ii)        Promptly, upon their becoming
available, copies of: (i) all correspondence with the PBGC, the Secretary of Labor or any representative of the Internal Revenue Service with respect to any Plan, relating to an actual or threatened change or development that would be
materially adverse to the Borrower; (ii) all actuarial valuations received by the Borrower with respect to any Plan; and (iii) any notices of Plan termination filed by any Plan Administrator (as those terms are used in ERISA) with the PBGC
and of any notices from the PBGC to the Borrower with respect to the intent of the PBGC to institute involuntary termination proceedings. 

(k)        Additional Information. Such other material additional
information regarding the business, affairs and condition of the Borrower as the Administrative Agent may from time to time request, including, without limitation, as soon as available but in any event not less than 45 days after the end of each
fiscal quarter of the Borrower, schedules, in form and substance satisfactory to the Administrative Agent, with respect to the Borrower and its Subsidiaries on a Consolidated basis, of recorded liabilities, unfunded commitments, contingent
liabilities, any off balance sheet financings including synthetic lease transactions and sale-leaseback arrangements and other similar material items, in each case, covering such quarter. 

Documents required to be delivered pursuant to Section 6.01(a), (b) or (h) (to the extent any such documents are included
in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (a) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s
website on the Internet at the website address listed on Schedule 1.01(a); or (b) on which such documents are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative
Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that: (i) the Borrower shall deliver paper copies of such documents to the Administrative Agent or any Lender upon
its request to the Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify the Administrative Agent and each Lender
(by fax transmission or other electronic mail transmission) of the posting of any such documents and shall provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent
shall have no obligation to request the delivery of or to maintain paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request by a Lender for delivery,
and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 

  
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 The Borrower hereby acknowledges that (A) the Administrative Agent
and/or an Affiliate thereof may, but shall not be obligated to, make available to the Lenders and the L/C Issuer materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by
posting the Borrower Materials on Debt Domain, IntraLinks, Syndtrak or another similar electronic system (the “Platform”) and (B) certain of the Lenders (each, a “Public Lender”) may have personnel who do not
wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other
market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that so long as the Borrower is the issuer of any outstanding debt or Equity Interests that are registered or issued pursuant to a private offering
or is actively contemplating issuing any such securities it will use commercially reasonable efforts to identify that portion of the Borrower Materials that may be distributed to the Public Lenders and that (1) all such Borrower Materials shall
be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (2) by marking Borrower Materials “PUBLIC,” the Borrower shall
be deemed to have authorized the Administrative Agent, any Affiliate thereof, the Arrangers, the L/C Issuer and the Lenders to treat such Borrower Materials as not containing any material non-public
information (although it may be sensitive and proprietary) with respect to the Borrower or its securities for purposes of United States federal and state securities laws (provided, however, that to the extent such Borrower Materials
constitute Information, they shall be treated as set forth in Section 10.07); (3) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side
Information;” and (4) the Administrative Agent and any Affiliate thereof and the Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the
Platform not designated “Public Side Information.” Notwithstanding the foregoing, the Borrower shall be under no obligation to mark any Borrower Materials “PUBLIC”. 

Section 6.02    Books and Records. 

Maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently
applied shall be made of all financial transactions and matters involving the assets and business of the Borrower or its Subsidiaries, as the case may be. 

Section 6.03     Inspections and Audits. 

Permit the Administrative Agent to make or cause to be made (prior to an Event of Default, at the Lenders’ expense and
after the occurrence of and during the continuance of an Event of Default, at the Borrower’s expense), inspections and audits of any books, records and papers of the Borrower or any Subsidiary and to make extracts therefrom and copies thereof,
or to make appraisals, inspections and examinations of any properties and facilities of the Borrower or any Subsidiary, on reasonable notice, at all such reasonable times and as often as any Lender may reasonably require, in order to assure that the
Borrower is and will be in compliance with its obligations under the Loan Documents or to evaluate the investment in the then Total Credit Exposures. Notwithstanding the foregoing, the Borrower agrees that the Administrative Agent shall be permitted
to conduct or cause to be conducted an annual field audit at the Borrower’s expense. 

  
 110 

 Section 6.04    Maintenance and Repairs.

 Cause to be maintained in good repair, working order and condition, subject to normal wear and tear, all material
properties and assets from time to time owned by the Borrower or any Subsidiary and used in or necessary for the operation of its businesses, and make or cause to be made all reasonable repairs, replacements, additions and improvements thereto. 

Section 6.05    Continuance of Business. 

Do, or cause to be done, all things reasonably necessary to preserve and keep in full force and effect the corporate existence
of the Borrower or any Subsidiary and all permits, rights and privileges necessary for the proper conduct of its business, and continue to engage in the same line of business and comply in all material respects with all Applicable Laws, regulations
and orders. 
 Section 6.06    Copies of Corporate Documents. 

Subject to the prohibitions set forth in Section 7.06 and except as publicly disclosed, promptly deliver to the
Administrative Agent copies of any amendments or modifications to the certificate of incorporation (or other applicable organizational documents) and by-laws of the Borrower, certified with respect to the
certificate of incorporation (or other organizational documents) by the Secretary of State of its state of incorporation and, with respect to the by-laws, by the secretary or assistant secretary of such
corporation. 
 Section 6.07    Perform Obligations. 

Pay and discharge all of the obligations and liabilities of the Borrower or any Subsidiary, including, without limitation, all
taxes, assessments and governmental charges upon its income and properties when due, unless and to the extent only that such obligations, liabilities, taxes, assessments and governmental charges shall be contested in good faith and by appropriate
proceedings and that, to the extent required by GAAP, proper and adequate book reserves relating thereto are established by the Borrower or any Subsidiary, and then only to the extent that a bond is filed in cases where the filing of a bond is
necessary to avoid the creation of a Lien against any of its properties. 

Section 6.08    Notice of Litigation. 

Promptly notify the Administrative Agent (which shall promptly notify each of the Lenders) in writing of any litigation or
legal proceeding, other than in the ordinary course of business or, whether or not in the ordinary course of business, involving amounts in excess of $10,000,000, affecting the Borrower or any Subsidiary whether or not fully covered by insurance,
and regardless of the subject matter thereof (excluding, however, any actions relating to workers’ compensation claims or negligence claims relating to use of motor vehicles, if fully covered by insurance, subject to deductibles). 

Section 6.09     Financial Covenants. 

Have or maintain, with respect to the Borrower, on a Consolidated basis, as at the last day of each fiscal quarter of the
Borrower: 

  
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 (a)        a Leverage Ratio of not
more than 0.60 to 1.00; provided, that, from and after the consummation of a Significant Acquisition, the Leverage Ratio may be increased to not more than 0.65 to 1.00 for the full fiscal quarter in which such Significant Acquisition is
consummated and the three (3) consecutive full fiscal quarters immediately succeeding such fiscal quarter, and provided, further, that in no event shall the Leverage Ratio exceed (i) 0.65 to 1.00 at any time or (ii) 0.60 to 1.00
for more than four (4) consecutive fiscal quarters in any consecutive five (5) fiscal quarter period. 

(b)        Consolidated Tangible Net Worth of not less than $17,506,087,500. 

(c)        a Fixed Charge Coverage Ratio of not less than 1.50 to 1.00. 

(d)        an Unsecured Leverage Ratio of not more than 0.60 to 1.00;
provided, that, from and after the consummation of a Significant Acquisition, the Unsecured Leverage Ratio may be increased to not more than 0.65 to 1.00 for the full fiscal quarter in which such Significant Acquisition is consummated and the
three (3) consecutive full fiscal quarters immediately succeeding such fiscal quarter, and provided, further, that in no event shall the Unsecured Leverage Ratio exceed (i) 0.65 to 1.00 at any time or (ii) 0.60 to 1.00 for more
than four (4) consecutive fiscal quarters in any consecutive five (5) fiscal quarter period. 

(e)        a Secured Debt Ratio of not more than 0.40 to 1.00. 

Section 6.10    Insurance. 

(a)        (i) Maintain or cause to be maintained with responsible insurance
companies reasonably acceptable to the Administrative Agent such insurance on the properties of the Borrower or any Subsidiary, in such amounts and against such risks as is customarily maintained by similar businesses and cause each Operator to do
so; (ii) file with the Administrative Agent upon its request a detailed list of the insurance then in effect, stating the names of the insurance companies, the amounts and rates of the insurance, the dates of the expiration thereof and the
properties and risks covered thereby; and (iii) within 10 days after notice in writing from the Administrative Agent, obtain such additional insurance as the Administrative Agent may reasonably request; and 

(b)        Carry all insurance available through the PBGC or any private insurance
companies covering its obligations to the PBGC. 
 Section 6.11     Notice of Certain
Events. 
 (a)        Promptly notify the Administrative Agent in writing
of the occurrence of any Reportable Event, as defined in Section 4043 of ERISA, if a notice of such Reportable Event is required under ERISA to be delivered to the PBGC within 30 days after the occurrence thereof, together with a description of
such Reportable Event and a statement of the action the Borrower or the applicable ERISA Affiliate intends to take with respect thereto, together with a copy of the notice thereof given to the PBGC. 

(b)        Promptly notify the Administrative Agent in writing if the Borrower or an
ERISA Affiliate receives an assessment of withdrawal liability in connection with a complete or 

  
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partial withdrawal with respect to any Multiemployer Plan, together with a statement of the action that the Borrower or such ERISA Affiliate intends to take with respect thereto. 

(c)        Promptly notify the Administrative Agent in writing if the Borrower or any
Subsidiary receives: (i) any notice of any violation or administrative or judicial complaint or order having been filed or about to be filed against the Borrower alleging material violations of any Environmental Law, or (ii) any notice
from any governmental body or any other Person alleging that the Borrower or any Subsidiary is or may be subject to any material Environmental Liability; and promptly upon receipt thereof, provide the Administrative Agent with a copy of such notice
together with a statement of the action the Borrower or Subsidiary intends to take with respect thereto. 

(d)        Promptly notify the Administrative Agent in writing of any change in the
information provided in any Beneficial Ownership Certification that would result in a change to the list of beneficial owners identified in such certificate. 

Section 6.12    Comply with ERISA. 

Comply with all applicable provisions of ERISA and the Code now or hereafter in effect, the failure to comply with which would
cause a Material Adverse Effect. 
 Section 6.13    Environmental Compliance. 

Operate or cause to be operated all property owned, operated or leased by the Borrower and the Subsidiaries in compliance with
all Environmental Laws, such that no Environmental Liability arises under any Environmental Laws, which would result in a Lien on any property of any of them. 

Section 6.14    Maintenance of REIT Status; 

Listing on National Securities Exchange. 

Maintain its status as a REIT, operate its business at all times so as to satisfy all requirements necessary to qualify and
maintain the Borrower’s qualification as a real estate investment trust under Sections 856 through 860 of the Code and continue to list the common stock of the Borrower for trading on a U.S. national securities exchange. Furthermore, the
Borrower will maintain adequate records so as to comply with all record-keeping requirements relating to its qualification as a real estate investment trust as required by the Code and applicable regulations of the Department of the Treasury
promulgated thereunder and will properly prepare and timely file with the Internal Revenue Service all returns and reports required thereby. 

Section 6.15    Anti-Corruption Laws and Sanctions.  

Maintain in effect policies and procedures designed to promote compliance by the Borrower, its Subsidiaries, and their
respective directors, officers, employees, and agents with applicable Sanctions and with the FCPA and any other applicable Anti-Corruption Laws. 

  
 113 

 Section 6.16     Use of Proceeds.

 The proceeds of the Loans hereunder may be used by the Borrower as follows: (a) for the repayment in full of
certain outstanding amounts owed under the Existing Credit Agreement, (b) to acquire, directly or indirectly, Health Care Facilities and real estate, whether developed or undeveloped, (c) to extend or acquire loans secured by Mortgages,
(d) to finance Construction Investments or for capital improvements to a Health Care Facility or real estate previously financed or owned by the Borrower or a Subsidiary, (e) for investments that are not prohibited under Section 7.08,
(f) for the repayment of other outstanding Indebtedness of the Borrower (including under the 2020 Term Loan Agreement) and (g) for working capital and general corporate purposes. 

ARTICLE VII 

NEGATIVE COVENANTS 

The Borrower hereby covenants and agrees that on the Closing Date and thereafter until the Facility Termination Date, it shall
not, nor shall it permit any Subsidiary to, directly or indirectly: 

Section 7.01    Indebtedness. 

Create, incur, permit, assume or suffer to exist or have outstanding any Indebtedness of the Borrower or any of its Subsidiaries, except: 

(a)        Indebtedness under the Loan Documents; and 

(b)        other Indebtedness; provided that (i) at the time of the incurrence
of such Indebtedness and after giving effect thereto (including any Liens associated therewith) no Event of Default has occurred and is continuing or would result therefrom and (ii) with respect to obligations of the Borrower in respect of Swap
Contracts, such Swap Contracts shall be entered into in order to manage existing or anticipated risk and not for speculative purposes. 

Section 7.02    Liens. 

Create, or assume or permit to exist, any Lien on any of the properties or assets of the Borrower or any of its Subsidiaries, whether now
owned or hereafter acquired, except: 
 (a)        Liens pursuant to any Loan
Document; 
 (b)        Liens securing Indebtedness permitted under
Section 7.01; 
 (c)        Liens for Taxes not yet due or which are being
contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto, to the extent required by GAAP, are maintained on the books of the applicable Person; 

(d)        carriers’, warehousemen’s, mechanics’, materialmen’s,
repairmen’s or other like Liens arising in the ordinary course of business which are not overdue for a period of more than 30 days or which are being contested in good faith and by appropriate proceedings

  
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diligently conducted, if adequate reserves with respect thereto, to the extent required by GAAP, are maintained on the books of the applicable Person; 

(e)        pledges or deposits or other Liens arising in the ordinary course of
business in connection with workers’ compensation, unemployment insurance and other social security legislation, or to secure statutory obligations, other than any Lien imposed by ERISA; 

(f)        Liens and rights of setoff of banks and securities intermediaries in
respect of deposit accounts and securities accounts maintained in the ordinary course of business; 

(g)        the interests of lessees and lessors under leases or subleases of, and the
interest of managers or operators with respect to, real or personal property made in the ordinary course of business; 

(h)        Liens on property where the Borrower or its Subsidiaries is insured
against such Liens by title insurance; 
 (i)        Liens on property acquired by
the Borrower or any of its Subsidiaries after the date hereof and which are in place at the time such properties are so acquired and not created in contemplation of such acquisition; 

(j)        Liens securing assessments or charges payable to a property owner
association or similar entity, which assessments are not yet due and payable or are being contested in good faith by appropriate proceedings diligently conducted, and for which adequate reserves with respect thereto, to the extent required by GAAP,
are maintained on the books of the applicable Person; 
 (k)        Liens securing
assessment bonds, so long as the Borrower or its Subsidiaries are not in default under the terms thereof; 

(l)        deposits to secure the performance of bids, trade contracts and leases
(other than Indebtedness), statutory obligations, surety bonds (other than bonds related to judgments or litigation), performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(m)        easements,
rights-of-way, restrictions and other similar encumbrances affecting real property which, in the aggregate, are not substantial in amount, and which do not in any case
materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Person; 

(n)        Liens securing judgments for the payment of money not constituting an
Event of Default under Section 8.01(g) or securing appeal or other surety bonds related to such judgments; 

(o)        Liens solely on any cash earnest money deposits made by the Borrower or
any of its Subsidiaries in connection with any letter of intent or purchase agreement; 

(p)        assignments to a reverse Section 1031 exchange trust; 

  
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 (q)        licenses of intellectual
property granted in the ordinary course of business; 
 (r)        Liens on assets
of the Borrower or any of its Subsidiaries securing obligations under Swap Contracts; and 

(s)        Purchase money Liens on property acquired or held by the Borrower or its
Subsidiaries in the ordinary course of business, securing Indebtedness incurred or assumed for the purpose of financing all or any part of the cost of acquiring such property; provided that (i) any such Lien attaches to such property
concurrently with or within 20 days after the acquisition thereof, (ii) such Lien attaches solely to the property so acquired in such transaction, (iii) the principal amount of the debt secured thereby does not exceed 100% of the cost of
such property, (iv) such Indebtedness is otherwise not prohibited by Section 7.01(b) and (v) the aggregate amount of all such Indebtedness on a Consolidated basis for the Borrower and its Subsidiaries shall not at any time exceed
$20,000,000.00. 
 Section 7.03    Intentionally Omitted. 

Section 7.04    Mergers, Acquisitions. 

Merge or consolidate with any Person, or acquire all or substantially all of the assets or any of the capital stock or other
equity interests of any Person, unless (a) immediately after giving effect thereto, the Borrower is the surviving entity or the merger or consolidation is a Merger with No Actual Change in Control, and (b) no Default or Event of Default
exists or will occur after giving effect thereto. 
 Section 7.05    Distributions.

 Declare or pay any dividends or make any distribution of any kind on the Borrower’s outstanding stock, or set
aside any sum for any such purpose, except that: 
 (a)        the Borrower may
declare and make dividend payments or other distributions payable solely in its common stock; 

(b)        the Borrower may declare and pay cash dividends if, and only if at the
time of such payment and after giving effect thereto, no Event of Default shall exist hereunder; and 

(c)        if a Default or an Event of Default exists or will occur as a result of
the dividend payment, the Borrower may declare and pay dividends to the minimum extent necessary (taking into account any dividends or distributions otherwise made including under Section 7.05(b)) to generate the minimum deduction for dividends
paid during each year that would be required to satisfy Section 857(a)(1) of the Code. 

Section 7.06    Changes in Structure.  

Amend, supplement or modify the certificate of incorporation or by-laws (or other applicable
organizational documents) of the Borrower or any Subsidiary in a manner which would be reasonably likely to cause a Material Adverse Effect. 

  
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 Section 7.07    Disposition of Assets.

 Make any Disposition of all or substantially all of the Property held by the Borrower and its Subsidiaries, taken as a whole, or
enter into any agreement to do so, unless at the time of the Disposition and after giving effect thereto, no Default or Event of Default exists and if such Disposition is among the Borrower and its Subsidiaries. 

Section 7.08    Investments. 

Make or allow: 

(a)        Investments in Development Property to exceed, in the aggregate at any one
time outstanding, 35% of Consolidated Total Asset Value; or 

(b)        Investments in Joint Ventures to exceed, in the aggregate at any one time
outstanding, 25% of Consolidated Total Asset Value. For purposes of this Section 7.08(b), the Borrower’s aggregate Investment in Joint Ventures will be valued at book value as shown on the consolidated balance sheet of the Borrower, as
determined in accordance with GAAP. 
 Section 7.09    Fiscal Year. 

Change its fiscal year. 

Section 7.10    ERISA Obligations. 

Permit the establishment of any Employee Benefit Plan or amend any Employee Benefit Plan which establishment or amendment
could result in liability to the Borrower or increase the obligation for post-retirement welfare benefits of the Borrower which liability or increase, individually or together with all similar liabilities and increases, has a Material Adverse
Effect. 
 Section 7.11    Sanctions, Anti-Corruption; Use of Proceeds. 

Directly or, to its knowledge, indirectly, use the proceeds of any Borrowing or Letter of Credit, or lend, contribute or
otherwise make available such proceeds to any subsidiary, joint venture partner or other Person, (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any
Person in violation of the FCPA or any other applicable Anti-Corruption Law or (ii) (A) to fund any activities or business of or with any Person, or in any country or territory, that, at the time of such funding, is the subject of Sanctions, or
(B) in any other manner that would result in a violation of Sanctions by any Person (including any Person participating in any Borrowing or Letter of Credit, whether as Administrative Agent, Arranger, Lender, underwriter, advisor, investor, or
otherwise). 
 Section 7.12    Transactions with Affiliates. 

Except as expressly permitted by this Agreement, directly or indirectly enter into any transaction of any kind with any
Affiliate of the Borrower (other than a Subsidiary), whether or not in the ordinary course of business, except (i) transactions on fair and reasonable terms substantially as favorable to the Borrower or such Subsidiary as would be obtainable by
the Borrower or such Subsidiary at the time in a comparable arm’s-length transaction with a Person 

  
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other than an Affiliate or (ii) payments of compensation, perquisites and fringe benefits arising out of any employment or consulting relationship in the ordinary course of business,
(iii) payments permitted by Section 7.05 and (iv) transactions between or among the Borrower and any wholly-owned Subsidiary. 

Section 7.13    Hazardous Material. 

Cause or permit: (i) any Hazardous Material to be placed, held, located released or disposed of on, in, under or at any
real property or facility owned, leased or operated by Borrower or any Subsidiary or any part thereof, except for such Hazardous Materials that are necessary for the Borrower’s or any Subsidiary’s or any Operator’s operation of its
business thereon and then only to the extent such Hazardous Materials are used, stored, treated and disposed of in compliance with all applicable Environmental Laws or (ii) any real property or facility owned, leased or operated by Borrower or
any Subsidiary or any part thereof to be used as a collection, storage, treatment or disposal site for any Hazardous Material. The Borrower and each Subsidiary acknowledges and agrees that the Administrative Agent and the Lenders shall have no
liability or responsibility for either: 
 (A)        damage, loss or injury to
human health, the environment or natural resources caused by the presence, disposal, release or threatened release of Hazardous Materials on any part of any real property or facility owned, leased or operated by Borrower or any Subsidiary; or 

(B)        abatement and/or clean-up required
under any applicable Environmental Laws for a release, threatened release or disposal of any Hazardous Materials located at any real property or facility owned, leased or operated by Borrower or any Subsidiary or used by or in connection with the
Borrower’s or any Subsidiary’s or any Operator’s business. 
 ARTICLE VIII 

EVENTS OF DEFAULT AND REMEDIES 

Section 8.01    Events of Default.  

Any of the following shall constitute an “Event of Default”: 

(a)        Payments. Failure by the Borrower to make, in the currency required
hereunder, (i) when and as required to be paid herein, any payment or mandatory prepayment of principal of any Loan or any reimbursement obligation in respect of any Letter of Credit or (ii) within three (3) Business Days after the
same becomes due, interest on any Loan or any reimbursement obligation in respect of any Letter of Credit or (iii) to make any payment of any fee or any other amount payable hereunder; or 

(b)        Certain Covenants. Failure by the Borrower to perform or observe
any of the agreements of the Borrower contained in Section 6.01(i), Section 6.09 or Article VII; or 

(c)        Other Covenants. Failure by the Borrower to perform or observe any
other term, condition or covenant of this Agreement or of any of the other Loan Documents to which it is a party, which shall remain unremedied for a period of 30 days (or 60 days if such failure is 

  
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susceptible of being remedied within 60 days and the Borrower or its Subsidiaries, as applicable, are diligently proceeding to remedy such failure) after notice thereof shall have been given to
the Borrower by the Administrative Agent; or 
 (d)        Cross Defaults.
(i) The Borrower or any of its Subsidiaries (after giving effect to any notice or grace periods applicable thereto), with respect to any Recourse Indebtedness having an aggregate principal amount (including undrawn committed or available
amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than the Threshold Amount, (A) fails to make any payment when due (whether by scheduled maturity, required prepayment,
acceleration, demand, or otherwise) in respect of any such Recourse Indebtedness, or (B) fails to observe or perform any other agreement or condition relating to any such Recourse Indebtedness contained in any instrument or agreement
evidencing, securing or relating thereto, or any other event occurs, the effect of which failure to observe or perform or other event is to cause, or to permit the holder or holders of such Recourse Indebtedness (or a trustee or agent on behalf of
such holder or holders) to cause, with the giving of notice if required, such Recourse Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay,
defease or redeem such Recourse Indebtedness to be made, prior to its stated maturity, provided that clauses (A) and (B) shall not apply to secured Recourse Indebtedness that becomes due and payable as a result of the voluntary sale or
transfer of the property or assets securing such Recourse Indebtedness, if such sale or transfer is permitted hereunder and under the documents providing for such Recourse Indebtedness; or (ii) there occurs under any Swap Contract an Early
Termination Date (as defined in such Swap Contract) resulting from (A) any event of default under such Swap Contract as to which the Borrower or any of its Subsidiaries is the Defaulting Party (as defined in such Swap Contract) or (B) any
Termination Event (as so defined) under such Swap Contract as to which the Borrower or any of its Subsidiaries is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by the Borrower or such Subsidiary as a result
thereof is greater than the Threshold Amount; provided that clause (ii)(B) shall not apply to any early payment requirement or unwinding or termination with respect to any Swap Contract not arising out of a default by the Borrower or any of
its Subsidiaries to the extent that such Swap Termination Value owed has been paid in full by the Borrower or any of its Subsidiaries when due; or 

(e)        Representations and Warranties. Any representation or warranty made
in writing or deemed made to the Lenders or the Administrative Agent in any of the Loan Documents or in connection with the making of the Loans, or any certificate, statement or report made or delivered in compliance with this Agreement, shall have
been false or misleading in any material respect when made, deemed made or delivered; or 

(f)        Bankruptcy. 

(i)        The Borrower shall make an assignment for the benefit of creditors, file a
petition in bankruptcy, be adjudicated insolvent, petition or apply to any tribunal for the appointment of a receiver, custodian, or any trustee for it or a substantial part of its assets, or shall commence any proceeding under any bankruptcy,
reorganization, arrangement, readjustment of debt, dissolution or liquidation law or statute of any jurisdiction, whether now or hereafter in effect, or the Borrower shall take any corporate action to authorize any of the foregoing actions; or there
shall have been filed any such petition or application, or any such proceeding shall have been commenced against it, that remains undismissed for a period of 60 days or more; or any order for 

  
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relief shall be entered in any such proceeding; or the Borrower by any act or omission shall indicate its consent to, approval of or acquiescence in any such petition, application or proceeding
or the appointment of a custodian, receiver or any trustee for it or any substantial part of its properties, or shall suffer any custodianship, receivership or trusteeship to continue undischarged for a period of 30 days or more; or 

(ii)        The Borrower shall generally not pay its debts as such debts become due;
or 
 (iii)        The Borrower shall have concealed, removed, or permitted to be
concealed or removed, any part of its property, with intent to hinder, delay or defraud its creditors or any of them or made or suffered a transfer of any of its property that may be fraudulent under any bankruptcy, fraudulent conveyance or similar
law; or shall have made any transfer of its property to or for the benefit of a creditor at a time when other creditors similarly situated have not been paid; or shall have suffered or permitted, while insolvent, any creditor to obtain a Lien upon
any of its property through legal proceedings or distraint that is not vacated within 30 days from the date thereof; or 

(g)        Judgments. There is entered against the Borrower or any of its
Subsidiaries (i) a final judgment or order that has not been discharged for the payment of money in an aggregate amount exceeding $150,000,000 (to the extent not covered by independent third-party insurance as to which the insurer does not
dispute coverage), or (ii) any one or more non-monetary final judgments that have not been discharged and that have, or could reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect and, in either case, (A) enforcement proceedings are commenced by any creditor upon such judgment or order, or (B) there is a period of thirty (30) consecutive days during which a stay of enforcement of such judgment,
by reason of a pending appeal or otherwise, is not in effect; or 

(h)        ERISA. 

(i)        The termination of any Plan or the institution by the PBGC of proceedings
for the involuntary termination of any Plan, in either case, by reason of, or that results or could result in, a “material accumulated funding deficiency” under Section 412 of the Code; or 

(ii)        Failure by the Borrower or any Subsidiary to make required contributions,
in accordance with the applicable provisions of ERISA, to each of the Plans hereafter established or assumed by it; or 

(i)        Intentionally Omitted. 

(j)        Ownership. (i) Any Person, or a group of related Persons,
shall acquire, except in the case of a Merger with No Actual Change in Control, (A) beneficial ownership in excess of 35% of the outstanding stock of the Borrower or other voting interest having ordinary voting powers to elect a majority of the
directors, managers or trustees of the Borrower (irrespective of whether at such time stock of any other class or classes shall have or might have voting power by reason of the happening of any contingency), or (B) all or substantially all of
the Investments of the Borrower, or (ii) a majority of the Board of Directors of the Borrower, at any time, shall be composed of Persons other than (A) Persons who were members of the Board of Directors on the date of this Agreement, or
(B) Persons who subsequently become members of the 

  
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Board of Directors and who either (1) are appointed or recommended for election with the affirmative vote of a majority of the directors in office as of the date of this Agreement, or
(2) are appointed or recommended for election with the affirmative vote of a majority of the Board of Directors of the Borrower then in office; or 

(k)        Invalidity of Loan Documents. Any material provision of any Loan
Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder or satisfaction in full of all Obligations arising under the Loan Documents, ceases to be in full force and effect;
or the Borrower or any other Person contests in any manner the validity or enforceability of any material provision of any Loan Document; or the Borrower or any other Person denies that it has any or further liability or obligation under any
provision of any Loan Document, or purports to revoke, terminate or rescind any material provision of any Loan Document. 
 Without limiting
the provisions of Article IX, if a Default or an Event of Default shall have occurred, then such Default or Event of Default will continue to exist until it either is cured (to the extent specifically permitted) in accordance with the Loan Documents
or is otherwise expressly waived by the requisite Appropriate Lenders (in their sole discretion) or the Administrative Agent (with the approval of requisite Appropriate Lenders (in their sole discretion)) as determined in accordance with
Section 10.01. 
 Section 8.02    Remedies upon Event of Default.  

If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent
of, the Required Lenders, take any or all of the following actions: 

(a)        declare the Commitment of each Lender to make Loans and any obligation of
the L/C Issuer to make L/C Credit Extensions to be terminated, whereupon such commitments and obligation shall be terminated; 

(b)        declare the unpaid principal amount of all outstanding Loans, all interest
accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly
waived by the Borrower; 
 (c)        require that the Borrower Cash Collateralize
the L/C Obligations (in an amount equal to the Minimum Collateral Amount with respect thereto); and 

(d)        exercise on behalf of itself, the Lenders and the L/C Issuer all rights
and remedies available to it, the Lenders and the L/C Issuer under the Loan Documents or Applicable Law or equity; 
 provided,
however, that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C
Issuer to make L/C Credit Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, without presentment, demand, protest
or other notice of any kind, all of which are hereby expressly waived by the 

  
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Borrower, and the obligation of the Borrower to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective, in each case without further act of the Administrative
Agent or any Lender. 
 Section 8.03    Application of Funds.  

After the exercise of remedies provided for in Section 8.02 (or after the Loans have automatically become immediately due
and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02) or if at any time insufficient funds are received by and available to the Administrative Agent to pay
fully all Obligations then due hereunder, any amounts received on account of the Obligations shall, subject to the provisions of Sections 2.14 and 2.15, be applied in the following order: 

First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts
(including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; 

Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than
principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer arising under the Loan Documents and amounts payable under
Article III), ratably among them in proportion to the respective amounts described in this clause Second payable to them; 

Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and
interest on the Loans, L/C Borrowings and other Obligations arising under the Loan Documents, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third payable to them; 

Fourth, to payment of that portion of the Obligations constituting unpaid principal of the Loans and L/C Borrowings,
ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Fourth held by them; 

Fifth, to the Administrative Agent for the account of the L/C Issuer, to Cash Collateralize that portion of L/C
Obligations comprised of the aggregate undrawn amount of Letters of Credit to the extent not otherwise Cash Collateralized by the Borrower pursuant to Sections 2.03 and 2.14; and 

Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrower or as
otherwise required by Law. 
 Subject to Sections 2.03(c) and 2.14, amounts used to Cash Collateralize the aggregate undrawn amount of
Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or
expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 

  
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 ARTICLE IX 

ADMINISTRATIVE AGENT 

Section 9.01    Appointment and Authority. 

Each of the Lenders and the L/C Issuer hereby irrevocably appoints, designates and authorizes KeyBank National Association to
act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the
terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and the Borrower shall not
have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent
is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any Applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an
administrative relationship between contracting parties. 
 Section 9.02    Rights as a
Lender.  
 The Person serving as the Administrative Agent hereunder shall have the same rights and powers in
its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise
requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory
capacity for and generally engage in any kind of banking, trust, financial, advisory, underwriting or other business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and
without any duty to account therefor to the Lenders or to provide notice to or, except as required hereby, consent of the Lenders with respect thereto. 

Section 9.03    Exculpatory Provisions.  

The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other
Loan Documents, and its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent and its Related Parties: 

(a)        shall not be subject to any fiduciary or other implied duties, regardless
of whether a Default has occurred and is continuing; 
 (b)        shall not have
any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in
writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action
that, in its opinion or the opinion of its counsel, may 

  
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expose the Administrative Agent to liability or that is contrary to any Loan Document or Applicable Law, including for the avoidance of doubt any action that may be in violation of the automatic
stay under any Debtor Relief Law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any Debtor Relief Law; and 

(c)        shall not, except as expressly set forth herein and in the other Loan
Documents, have any duty or responsibility to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the
Administrative Agent or any of its Affiliates in any capacity. 
 Neither the Administrative Agent nor any of its Related
Parties shall be liable for any action taken or not taken by the Administrative Agent under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby or thereby (i) with the consent or at the
request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary), or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02)
or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and nonappealable judgment. Any such action taken or failure to act pursuant to the foregoing shall be binding
on all Lenders. The Administrative Agent shall not be deemed to have knowledge of any Default unless and until notice describing such Default is given in writing to the Administrative Agent by the Borrower, a Lender or the L/C Issuer. 

Neither the Administrative Agent nor any of its Related Parties has any duty or obligation to any Lender or participant or any
other Person to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered
hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the
validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by any Loan Document,
(v) the value or the sufficiency of any collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative
Agent. 
 Section 9.04    Reliance by Administrative Agent.  

The Administrative Agent shall be entitled to rely upon, and shall be fully protected in relying and shall not incur any
liability for relying upon, any notice, request, certificate, communication, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to
be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and
shall be fully protected in relying and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of Credit, that by
its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the 

  
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Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuer unless the Administrative Agent shall have received notice to the contrary from such Lender
or the L/C Issuer prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and
shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. For purposes of determining compliance with the conditions specified in Section 4.01 and in
Section 4.02, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or
satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the Closing Date or proposed date of a Credit Extension, as applicable, specifying its objections. 

Section 9.05    Delegation of Duties.  

The Administrative Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other
Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of
its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the
Administrative Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the Facilities as well as activities as Administrative Agent. The
Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent jurisdiction determines in a final and non-appealable judgment that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents. 

Section 9.06    Resignation of Administrative Agent.  

(a)        Notice. The Administrative Agent may at any time resign as
Administrative Agent upon thirty (30) days’ notice to the Lenders, the L/C Issuer and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower
(provided no such consultation shall be required if an Event of Default has occurred and is continuing), to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the
United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment prior to the effective date of the resignation that the Administrative Agent gives (the “Resignation Effective
Date”), then the retiring Administrative Agent may (but shall not be obligated to) on behalf of the Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that if the
Administrative Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective. 

(b)        Effect of Resignation. With effect from the Resignation Effective
Date (i) the retiring Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the
Lenders or the L/C Issuer under any of the Loan Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as 

  
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a successor Administrative Agent is appointed) and (ii) except for any indemnity payments or other amounts then owed to the retiring Administrative Agent, all payments, communications
and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and the L/C Issuer directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as
provided for above. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Administrative Agent
(other than as provided in Section 3.01(h) and other than any rights to indemnity payments or other amounts owed to the retiring Administrative Agent as of the Resignation Effective Date), and the retiring Administrative Agent shall be
discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a successor Administrative Agent shall be the
same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article and
Section 10.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by
any of them (i) while the retiring Administrative Agent was acting as Administrative Agent and (ii) after such resignation for as long as any of them continues to act in any capacity hereunder or under the other Loan Documents, including,
without limitation, in respect of any actions taken in connection with transferring the agency to any successor Administrative Agent. 

(c)        L/C Issuer. Any resignation by KeyBank National Association as
Administrative Agent pursuant to this Section shall also constitute its resignation as L/C Issuer. If KeyBank National Association resigns as an L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder
with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto, including the right to require the Lenders to make Base Rate Loans or fund risk participations
in Unreimbursed Amounts pursuant to Section 2.03(c). Upon the appointment by the Borrower of a successor L/C Issuer hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed
to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer, (ii) the retiring L/C Issuer shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents and
(iii) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to KeyBank National Association to effectively
assume the obligations of KeyBank National Association with respect to such Letters of Credit. 

Section 9.07    Non-Reliance on Administrative Agent
and Other Lenders.  
 Each Lender, and the L/C Issuer, acknowledges that it has, independently and without
reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender
and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem
appropriate, continue to make its own decisions in taking or not 

  
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taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

Section 9.08    No Other Duties, Etc.  

Anything herein to the contrary notwithstanding, none of the Persons having any of the titles listed on the cover page hereof
shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, an Arranger, a Lender or the L/C Issuer hereunder. 

Section 9.09    Administrative Agent May File Proofs of Claim.  

In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to the
Borrower, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have
made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 

(a)        to file and prove a claim for the whole amount of the principal and
interest owing and unpaid in respect of the Loans and L/C Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuer and the Administrative Agent
(including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders, the L/C Issuer and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuer and
the Administrative Agent under Sections 2.03(h) and (i), 2.09 and 10.04) allowed in such judicial proceeding; and 

(b)        to collect and receive any monies or other property payable or deliverable
on any such claims and to distribute the same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar
official in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly
to the Lenders and the L/C Issuer, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the
Administrative Agent under Sections 2.09 and 10.04. 
 Nothing contained herein shall be deemed to authorize the
Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the rights of any Lender or the L/C Issuer or to authorize the
Administrative Agent to vote in respect of the claim of any Lender or the L/C Issuer or in any such proceeding. 

Section 9.10    Erroneous Payments.  

(a)        If the Administrative Agent notifies a Lender or L/C Issuer, or any Person
who has received funds on behalf of a Lender or L/C Issuer (any such Lender, L/C Issuer or other 

  
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recipient, a “Payment Recipient”) that the Administrative Agent has determined in its sole discretion (whether or not after receipt of any notice under immediately succeeding
clause (b)) that any funds received by such Payment Recipient from the Administrative Agent or any of its Affiliates were erroneously transmitted to, or otherwise erroneously or mistakenly received by, such Payment Recipient (whether or not known to
such Lender, L/C Issuer or other Payment Recipient on its behalf) (any such funds, whether received as a payment, prepayment or repayment of principal, interest, fees, distribution or otherwise, individually and collectively, an “Erroneous
Payment”) and demands the return of such Erroneous Payment (or a portion thereof), such Erroneous Payment shall at all times remain the property of the Administrative Agent and shall be segregated by the Payment Recipient and held in trust
for the benefit of the Administrative Agent, and such Lender or L/C Issuer shall (or, with respect to any Payment Recipient who received such funds on its behalf, shall cause such Payment Recipient to) promptly, but in no event later than two
Business Days thereafter, return to the Administrative Agent the amount of any such Erroneous Payment (or portion thereof) as to which such a demand was made, in same day funds (in the currency so received), together with interest thereon in respect
of each day from and including the date such Erroneous Payment (or portion thereof) was received by such Payment Recipient to the date such amount is repaid to the Administrative Agent in same day funds at the greater of the Federal Funds Rate and a
rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect. A notice of the Administrative Agent to any Payment Recipient under this clause (a) shall be
conclusive, absent manifest error. 
 (b)        Without limiting immediately
preceding clause (a), each Lender or L/C Issuer, or any Person who has received funds on behalf of a Lender or L/C Issuer, hereby further agrees that if it receives a payment, prepayment or repayment (whether received as a payment,
prepayment or repayment of principal, interest, fees, distribution or otherwise) from the Administrative Agent (or any of its Affiliates) (x) that is in a different amount than, or on a different date from, that specified in a notice of
payment, prepayment or repayment sent by the Administrative Agent (or any of its Affiliates) with respect to such payment, prepayment or repayment, (y) that was not preceded or accompanied by a notice of payment, prepayment or repayment sent by
the Administrative Agent (or any of its Affiliates), or (z) that such Lender or L/C Issuer, or other such recipient, otherwise becomes aware was transmitted, or received, in error or by mistake (in whole or in part) in each case: 

(i)        (A) in the case of immediately preceding clauses (x) or
(y), an error shall be presumed to have been made (absent written confirmation from the Administrative Agent to the contrary) or (B) an error has been made (in the case of immediately preceding clause (z)), in each case, with
respect to such payment, prepayment or repayment; and 
 (ii)        such Lender or
L/C Issuer shall (and shall cause any other recipient that receives funds on its respective behalf to) promptly (and, in all events, within one Business Day of its knowledge of such error) notify the Administrative Agent of its receipt of such
payment, prepayment or repayment, the details thereof (in reasonable detail) and that it is so notifying the Administrative Agent pursuant to this Section 9.10(b). 

(c)        Each Lender or L/C Issuer hereby authorizes the Administrative Agent to
set off, net and apply any and all amounts at any time owing to such Lender or L/C Issuer under any Loan Document, or otherwise payable or distributable by the Administrative Agent to such 

  
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Lender or L/C Issuer from any source, against any amount due to the Administrative Agent under immediately preceding clause (a) or under the indemnification provisions of this Agreement.

 (d)        In the event that an Erroneous Payment (or portion thereof) is not
recovered by the Administrative Agent for any reason, after demand therefor by the Administrative Agent in accordance with immediately preceding clause (a), from any Lender or L/C Issuer that has received such Erroneous Payment (or portion thereof)
(and/or from any Payment Recipient who received such Erroneous Payment (or portion thereof) on its respective behalf) (such unrecovered amount, an “Erroneous Payment Return Deficiency”), upon the Administrative Agent’s notice
to such Lender or L/C Issuer at any time, (i) such Lender or L/C Issuer shall be deemed to have assigned its Loans (but not its Commitments) with respect to which such Erroneous Payment was made (the “Erroneous Payment Impacted
Class”) in an amount equal to the Erroneous Payment Return Deficiency (or such lesser amount as the Administrative Agent may specify) (such assignment of the Loans (but not Commitments) of the Erroneous Payment Impacted Class, the
“Erroneous Payment Deficiency Assignment”) at par plus any accrued and unpaid interest (with the assignment fee to be waived by the Administrative Agent in such instance), and is hereby (together with the Borrower) deemed to execute
and deliver an Assignment and Assumption (or, to the extent applicable, an agreement incorporating an Assignment and Assumption by reference pursuant to the Platform as to which the Administrative Agent and such parties are participants) with
respect to such Erroneous Payment Deficiency Assignment, and such Lender or L/C Issuer shall deliver any Notes evidencing such Loans to the Borrower or the Administrative Agent, (ii) the Administrative Agent as the assignee Lender shall be
deemed to acquire the Erroneous Payment Deficiency Assignment, (iii) upon such deemed acquisition, the Administrative Agent as the assignee Lender shall become a Lender or L/C Issuer, as applicable, hereunder with respect to such Erroneous
Payment Deficiency Assignment and the assigning Lender or assigning L/C Issuer shall cease to be a Lender or L/C Issuer, as applicable, hereunder with respect to such Erroneous Payment Deficiency Assignment, excluding, for the avoidance of doubt,
its obligations under the indemnification provisions of this Agreement and its applicable Commitments which shall survive as to such assigning Lender or assigning L/C Issuer and (iv) the Administrative Agent may reflect in the Register its
ownership interest in the Loans subject to the Erroneous Payment Deficiency Assignment. The Administrative Agent may, in its discretion, sell any Loans acquired pursuant to an Erroneous Payment Deficiency Assignment and upon receipt of the proceeds
of such sale, the Erroneous Payment Return Deficiency owing by the applicable Lender or L/C Issuer shall be reduced by the net proceeds of the sale of such Loan (or portion thereof), and the Administrative Agent shall retain all other rights,
remedies and claims against such Lender or L/C Issuer (and/or against any recipient that receives funds on its respective behalf). For the avoidance of doubt, no Erroneous Payment Deficiency Assignment will reduce the Commitments of any Lender or
L/C Issuer and such Commitments shall remain available in accordance with the terms of this Agreement. In addition, each party hereto agrees that, except to the extent that the Administrative Agent has sold a Loan (or portion thereof) acquired
pursuant to an Erroneous Payment Deficiency Assignment, and irrespective of whether the Administrative Agent may be equitably subrogated, the Administrative Agent shall be contractually subrogated to all the rights and interests of the applicable
Lender or L/C Issuer under the Loan Documents with respect to each Erroneous Payment Return Deficiency (the “Erroneous Payment Subrogation Rights”). 

(e)        The parties hereto agree that an Erroneous Payment shall not pay, prepay,
repay, discharge or otherwise satisfy any Obligations owed by the Borrower, except, in each case, to the extent such Erroneous Payment is, and solely with respect to the amount of such Erroneous 

  
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Payment that is, comprised of funds received by the Administrative Agent from the Borrower for the purpose of making such Erroneous Payment. 

(f)        To the extent permitted by Applicable Law, no Payment Recipient shall
assert any right or claim to an Erroneous Payment, and hereby waives, and is deemed to waive, any claim, counterclaim, defense or right of set-off or recoupment with respect to any demand, claim or
counterclaim by the Administrative Agent for the return of any Erroneous Payment received, including without limitation waiver of any defense based on “discharge for value” or any similar doctrine. 

(g)        Each party’s obligations, agreements and waivers under this
Section 9.10 shall survive the resignation or replacement of the Administrative Agent, any transfer of rights or obligations by, or the replacement of, a Lender or L/C Issuer, the termination of the Commitments and/or the repayment,
satisfaction or discharge of all Obligations (or any portion thereof) under any Loan Document. 

Section 9.11    Certain ERISA Matters. 

(a)        Each Lender (x) represents and warrants, as of the date such Person
became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of
doubt, to or for the benefit of the Borrower, that at least one of the following is and will be true: 

(i)        such Lender is not using “plan assets” (within the meaning of
Section 3(42) of ERISA or otherwise) of one or more Benefit Plans with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments, or this Agreement,

 (ii)        the transaction exemption set forth in one or more PTEs, such as PTE
84–14 (a class exemption for certain transactions determined by independent qualified professional asset managers), PTE 95–60 (a class exemption for certain transactions involving insurance company general accounts), PTE 90–1 (a class
exemption for certain transactions involving insurance company pooled separate accounts), PTE 91–38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96–23 (a class exemption for certain
transactions determined by in-house asset managers), is applicable with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the
Commitments and this Agreement, or 
 (iii)        (A) such Lender is an investment
fund managed by a “Qualified Professional Asset Manager” (within the meaning of Part VI of PTE 84–14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in,
administer and perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C) the entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement
satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84–14 and (D) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE
84–14 are satisfied with respect to such Lender’s 

  
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entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement. 

(b)        In addition, unless either (1) clause (i) in the immediately
preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation, warranty and covenant in accordance with clause (iv) in the immediately preceding clause (a), such Lender further
(x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit
of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower, that the Administrative Agent is not a fiduciary with respect to the assets of such Lender involved in such Lender’s entrance into,
participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement (including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any
Loan Document or any documents related hereto or thereto). 
 ARTICLE X 

MISCELLANEOUS 

Section 10.01  Amendments, Etc.  

No amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by the
Borrower therefrom, shall be effective unless in writing signed by the Required Lenders (or by the Administrative Agent with the consent of the Required Lenders) and the Borrower and acknowledged by the Administrative Agent, and each such waiver or
consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that no such amendment, waiver or consent shall: 

(a)        extend or increase the Commitment of any Lender (or reinstate any
Commitment terminated pursuant to Section 8.02) without the written consent of such Lender (it being understood and agreed that a waiver of any condition precedent in Section 4.02 or of any Default or a mandatory reduction in Commitments
is not considered an extension or increase in Commitments of any Lender); 

(b)        postpone any date fixed by this Agreement or any other Loan Document for
any payment (excluding mandatory prepayments) of principal, interest, fees or other amounts due to the Lenders (or any of them) hereunder or under such other Loan Document without the written consent of each Lender entitled to such payment; 

(c)        reduce the principal of, or the rate of interest specified herein on, any
Loan or L/C Borrowing, or (subject to clause (iv) of the second proviso to this Section 10.01) any fees or other amounts payable hereunder or under any other Loan Document or change the form or currency of payment, without the written
consent of each Lender entitled to such amount or directly affected thereby; provided, however, that only the consent of the Required Lenders shall be necessary (i) to amend the definition of “Default Rate” or to waive
any obligation of the Borrower to pay interest or Letter of Credit Fees at the Default Rate or (ii) to amend any financial covenant 

  
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hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest on any Loan or L/C Borrowing or to reduce any fee payable hereunder; 

(d)        change (i) Section 8.03 or Section 2.13 in a manner that
would alter the pro rata sharing of payments required thereby without the written consent of each Lender or (ii) Section 2.12(f) in a manner that would alter the pro rata application required thereby without the written consent of each Lender
directly affected thereby; 
 (e)        change any provision of this
Section 10.01 or the definition of “Required Lenders” or “Required Alternative Currency Tranche Revolving Lenders” or any other provision of any Loan Document specifying the number or percentage of Lenders required to amend,
waive or otherwise modify any rights hereunder or thereunder or make any determination or grant any consent hereunder or thereunder, without the written consent of each Lender; 

(f)        release the Borrower or permit the Borrower to assign or transfer any of
its rights or obligations under this Agreement or the other Loan Documents without the written consent of each Lender; or 

(g)        impose any greater restriction on the ability of any Lender under a
Facility to assign any of its rights or obligations hereunder without the written consent of the Required Lenders under such Facility; 

and provided, further, that (i) no amendment, waiver or consent shall, unless in writing and signed by the L/C Issuer in
addition to the Lenders required above, affect the rights or duties of the L/C Issuer under this Agreement or any Issuer Document relating to any Letter of Credit issued or to be issued by it; (ii) [intentionally omitted]; (iii) no
amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document; and
(iv) any fee letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto. Notwithstanding anything to the contrary herein, (A) no Defaulting Lender shall have any right to approve or
disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender, or all Lenders or each affected Lender under a Facility, may be effected with
the consent of the applicable Lenders other than Defaulting Lenders), except that (1) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (2) any waiver, amendment or modification
requiring the consent of all Lenders or each affected Lender, or all Lenders or each affected Lender under a Facility, that by its terms affects any Defaulting Lender disproportionately adversely relative to other affected Lenders shall require the
consent of such Defaulting Lender; (B) each Lender is entitled to vote as such Lender sees fit on any bankruptcy reorganization plan that affects the Loans, and each Lender acknowledges that the provisions of Section 1126(c) of the
Bankruptcy Code of the United States supersede the unanimous consent provisions set forth herein and (C) the Required Lenders shall determine whether or not to allow the Borrower to use Cash Collateral in the context of a bankruptcy or
insolvency proceeding and such determination shall be binding on all of the Lenders. 
 Notwithstanding anything to the contrary herein the
Administrative Agent may, with notice to the Lenders and the prior written consent of the Borrower only, amend, modify or supplement this 

  
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Agreement or any of the other Loan Documents to cure any ambiguity, omission, mistake, defect or inconsistency. 

If any Lender does not consent to a proposed amendment, waiver, consent or release with respect to any Loan Document that requires the consent
of each Lender and that has been approved by the Required Lenders, the Borrower may replace such Non-Consenting Lender in accordance with Section 10.13; provided that such amendment, waiver,
consent or release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrower to be made pursuant to this paragraph). 

Section 10.02 Notices; Effectiveness; Electronic Communications. 

(a)        Notices Generally. Except in the case of notices and other
communications expressly permitted to be given by telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier
service, mailed by certified or registered mail or sent by fax transmission or other electronic mail transmission as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the
applicable telephone number, as follows: 
 (i)        if to the Borrower, the
Administrative Agent or the L/C Issuer, to the address, facsimile number, electronic mail address or telephone number specified for such Person on Schedule 1.01(a); and 

(ii)        if to any other Lender, to the address, facsimile number, electronic mail
address or telephone number specified in its Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the delivery of notices that
may contain material non-public information relating to the Borrower). 
 Notices
and other communications sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices and other communications sent by fax transmission or other electronic mail
transmission shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices
and other communications delivered through electronic communications to the extent provided in subsection (b) below shall be effective as provided in such subsection (b). 

(b)        Electronic Communications. Notices and other communications to the
Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including electronic mail address and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that
the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article
by electronic communication. The Administrative Agent, the L/C Issuer or the Borrower may each, in its discretion, agree to accept notices and other communications to it hereunder by 

  
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electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. 

Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an electronic mail
address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return electronic mail address or other written
acknowledgement) and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its electronic mail address as described in the foregoing
clause (i) of notification that such notice or communication is available and identifying the website address therefor; provided that, for both clauses (i) and (ii), if such notice, email or other communication is not sent
during the normal business hours of the recipient, such notice, email or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient. 

(c)        The Platform. THE PLATFORM IS PROVIDED “AS IS” AND
“AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER
MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR
OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any
liability to the Borrower, any Lender, the L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s
transmission of Borrower Materials or notices through the Platform, any other electronic platform or electronic messaging service, or through the Internet. 

(d)        Change of Address, Etc. Each of the Borrower, the Administrative
Agent and the L/C Issuer may change its address, facsimile number or telephone number or electronic mail address for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address,
facsimile number or telephone number or electronic mail address for notices and other communications hereunder by notice to the Borrower, the Administrative Agent and the L/C Issuer. In addition, each Lender agrees to notify the Administrative Agent
from time to time to ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, facsimile number and electronic mail address to which notices and other communications may be sent and
(ii) accurate wire instructions for such Lender. Furthermore, each Public Lender agrees to cause at least one (1) individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or
similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance procedures and Applicable Law, including United States federal and
state securities Laws, to make reference to Borrower Materials that are not made available through the “Public Side Information” portion of the Platform and that may contain material non-public
information with respect to the Borrower or its securities for purposes of United States federal or state securities laws. 

  
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 (e)        Reliance by
Administrative Agent, L/C Issuer and Lenders. The Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon any notices (including telephonic or electronic Loan Notices and Letter of Credit Applications)
purportedly given by or on behalf of the Borrower even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms
thereof, as understood by the recipient, varied from any confirmation thereof. The Borrower shall indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and
liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of the Borrower. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the
Administrative Agent, and each of the parties hereto hereby consents to such recording. 
 Section 10.03 No
Waiver; Cumulative Remedies; Enforcement.  
 No failure by any Lender, the L/C Issuer or the Administrative
Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy,
power or privilege hereunder or under any other Loan Document preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided, and provided
under each other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law. 

Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority to enforce rights and
remedies hereunder and under the other Loan Documents against the Borrower shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the
Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders and the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the Administrative Agent from exercising on its own
behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) the L/C Issuer from exercising the rights and remedies that inure to its benefit (solely
in its capacity as L/C Issuer) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in accordance with Section 10.08 (subject to the terms of Section 2.13), or (d) any Lender from filing
proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to the Borrower under any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as
Administrative Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights otherwise ascribed to the Administrative Agent pursuant to Section 8.02 and (ii) in addition to the matters set
forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 2.13, any Lender may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders.

 Section 10.04 Expenses; Indemnity; Damage Waiver. 

(a)        Costs and Expenses. The Borrower shall pay (i) all reasonable
and documented out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable and documented fees, charges and disbursements of
counsel for the 

  
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Administrative Agent), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and
the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by the Administrative Agent, any Lender or the L/C Issuer (including the fees, charges and disbursements of any counsel for the Administrative
Agent, any Lender or the L/C Issuer), in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with
Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such
Loans or Letters of Credit. 
 (b)        Indemnification by the Borrower.
The Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), each Arranger, each Lender and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being
called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses (including the fees, charges and disbursements of any counsel for any Indemnitee),
incurred by any Indemnitee or asserted against any Indemnitee by any Person (including the Borrower) arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement
or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative
Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement and the other Loan Documents (including in respect of any matters addressed in Section 3.01),
(ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do
not strictly comply with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials at, on, under, in, to or from any real property or facility currently or formerly owned, leased or operated by
the Borrower or any of its Subsidiaries, or any Environmental Liability related in any way to the Borrower or any of its Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the
foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by the Borrower or any of the Borrower’s directors, shareholders or creditors, and regardless of whether any Indemnitee is a party thereto;
provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and non-appealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee. Without limiting the provisions of Section 3.01(d), this Section 10.04(b) shall not apply with
respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from any non-Tax claim. 

(c)        Reimbursement by Lenders. To the extent that the Borrower for any
reason fails to indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it to the Administrative Agent (or any sub-agent thereof), the L/C Issuer or any Related
Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the L/C Issuer or such Related Party, as the case may be, such Lender’s pro rata

  
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share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time) of such
unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender), such payment to be made severally among them based on such Lender’s Applicable Percentage (determined as of the time that the applicable
unreimbursed expense or indemnity payment is sought), provided, further that, the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the
Administrative Agent (or any such sub-agent) or the L/C Issuer in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or the L/C Issuer in connection with such capacity. The obligations of the Lenders under this subsection (c) are subject to the provisions of Section 2.12(d). 

(d)        Waiver of Consequential Damages, Etc. To the fullest extent
permitted by Applicable Law, the Borrower shall not assert, and the Borrower hereby waives, and acknowledges that no other Person shall have, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or
punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or
thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials
distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or
thereby. 
 (e)        Payments. All amounts due under this Section shall be
payable not later than ten (10) Business Days after demand therefor. 

(f)        Survival. The agreements in this Section and the indemnity
provisions of Section 10.02(e) shall survive the resignation of the Administrative Agent and the L/C Issuer, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all the
other Obligations. 
 Section 10.05 Payments Set Aside.  

To the extent that any payment by or on behalf of the Borrower is made to the Administrative Agent, the L/C Issuer or any
Lender, or the Administrative Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or
required (including pursuant to any settlement entered into by the Administrative Agent, the L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor
Relief Law or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had
not occurred and (b) each Lender and the L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest
thereon from the date of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate from time to time in 

  
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effect, in the applicable currency of such recovery or payment. The obligations of the Lenders and the L/C Issuer under clause (b) of the preceding sentence shall survive the payment in full
of the Obligations and the termination of this Agreement. 
 Section 10.06 Successors and Assigns.

 (a)        Successors and Assigns Generally. The provisions of this
Agreement and the other Loan Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except the Borrower may not assign or otherwise transfer any of its
rights or obligations hereunder without the prior written consent of the Administrative Agent and each of the Lenders and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in
accordance with the provisions of subsection (b) of this Section, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section, or (iii) by way of pledge or assignment, or grant of a security
interest, subject to the restrictions of subsection (f) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer
upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related
Parties of each of the Administrative Agent, the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b)        Assignments by Lenders. Any Lender may at any time assign to one or
more assignees all or a portion of its rights and obligations under this Agreement and the other Loan Documents (including all or a portion of its Commitment(s) and the Loans (including for purposes of this subsection (b), participations in L/C
Obligations) at the time owing to it); provided that (in each case with respect to any Facility) any such assignment shall be subject to the following conditions: 

(i)        Minimum Amounts. 

(A)        in the case of an assignment of the entire remaining amount of the
assigning Lender’s Commitment under any Facility and/or the Loans at the time owing to it (in each case with respect to any Facility) or contemporaneous assignments to related Approved Funds (determined after giving effect to such assignments)
that equal at least the amount specified in paragraph (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B)        in any case not described in subsection (b)(i)(A) of this Section, the
aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment,
determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less
than (x) $5,000,000, in the case of any assignment in respect of the Revolving Facility or the U.S. Term Facility, and (y) CAD 5,000,000, in the case of any assignment in respect of the Canadian Term Facility, in each case unless each of the
Administrative Agent 

  
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and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed). 

(ii)        Proportionate Amounts. Each partial assignment shall be made as an
assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement and the other Loan Documents with respect to the Loans and/or the Commitment assigned. 

(iii)        Required Consents. No consent shall be required for any
assignment except to the extent required by subsection (b)(i)(B) of this Section and, in addition: 

(A)        the consent of the Borrower (such consent not to be unreasonably withheld
or delayed) shall be required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to an Affiliate of the assigning Lender or an Approved Fund of the assigning Lender;
provided that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received notice thereof; and
provided, further, that the Borrower’s consent shall not be required during the primary syndication of the Facilities; 

(B)        the consent of the Administrative Agent (such consent not to be
unreasonably withheld or delayed) shall be required for assignments in respect of (1) any unfunded Term Commitment or any Revolving Commitment if such assignment is to a Person that is not a Lender with a Commitment in respect of the applicable
Facility, an Affiliate of such Lender or an Approved Fund with respect to such Lender or (2) any Term Loan to a Person that is not a Lender, an Affiliate of a Lender or an Approved Fund of a Lender; and 

(C)        the consent of the L/C Issuer (such consent not to be unreasonably
withheld or delayed) shall be required for any assignment in respect of a Revolving Commitment. 

(iv)        Assignment and Assumption. The parties to each assignment shall
execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $5,000; provided, however, that the Administrative Agent may, in its sole discretion, elect
to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

(v)        No Assignment to Certain Persons. No such assignment shall be made
to (A) the Borrower or any of the Borrower’s Affiliates or Subsidiaries, (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons
described in this clause (B), or (C) a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of a natural person). 

(vi)        Certain Additional Payments. In connection with any assignment of
rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the
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amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions,
including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by such Defaulting Lender, to each of which the applicable assignee and assignor hereby
irrevocably consent), to (A) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (B) acquire (and fund
as appropriate) its full pro rata share of all Loans and participations in Letters of Credit in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting
Lender hereunder shall become effective under Applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such
compliance occurs. 
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this
Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and
obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an
Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05 and 10.04
with respect to facts and circumstances occurring prior to the effective date of such assignment); provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a
waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by
a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with
subsection (d) of this Section. 
 (c)        Register. The
Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower (and such agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of
each Assignment and Assumption delivered to it (or the equivalent thereof in electronic form) and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the
Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, absent manifest error, and the Borrower, the Administrative Agent and
the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrower and any Lender, at any
reasonable time and from time to time upon reasonable prior notice. 

(d)        Participations. Any Lender may at any time, without the consent of
the Borrower and the Administrative Agent, sell participations to any Person (other than a natural Person or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of a natural Person, a Defaulting Lender
or the Borrower or any of the Borrower’s 

  
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Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its
Commitments and/or the Loans (including such Lender’s participations in L/C Obligations) owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain
solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative Agent, the Lenders and the L/C Issuer shall continue to deal solely and directly with such Lender in connection
with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for the indemnity under Section 10.04(c) without regard to the existence of any participations. 

Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain
the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of a
Participant, agree to any amendment, waiver or other modification described in the first proviso to Section 10.01 that affects such Participant. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01, 3.04
and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to subsection (b) of this Section (it being understood that the documentation required under Section 3.01(f) shall be delivered to the
Lender who sells the participation) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section; provided that such Participant (A) agrees to be subject to the
provisions of Sections 3.06 and 10.13 as if it were an assignee under paragraph (b) of this Section and (B) shall not be entitled to receive any greater payment under Sections 3.01 or 3.04, with respect to any participation, than the
Lender from whom it acquired the applicable participation would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable
participation. Each Lender that sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 3.06 with respect to any Participant. To
the extent permitted by law, each Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender; provided that such Participant agrees to be subject to Section 2.13 as though it were a Lender. Each
Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the
principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to
disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan
Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c)
of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such
participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant
Register. 
 (e)        Certain Pledges. Any Lender may at any time pledge
or assign, or grant a security interest in, all or any portion of its rights under this Agreement (including under its Note 

  
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or Notes, if any) to secure obligations of such Lender, including any pledge or assignment, or grant of a security interest, to secure obligations to a Federal Reserve Bank or any central bank
having jurisdiction over such Lender; provided that no such pledge or assignment, or grant of a security interest, shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee or grantee for such
Lender as a party hereto. 
 (f)        Resignation as L/C Issuer after
Assignment. Notwithstanding anything to the contrary contained herein, if at any time KeyBank National Association assigns all of its Revolving Commitment and Revolving Loans pursuant to subsection (b) above, KeyBank National Association
may, upon thirty (30) days’ notice to the Borrower and the Lenders, resign as L/C Issuer. In the event of any such resignation as L/C Issuer, the Borrower shall be entitled to appoint from among the Lenders a successor L/C Issuer
hereunder, in each case, who agrees to act in such capacity; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of KeyBank National Association as L/C Issuer. If KeyBank
National Association resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all
L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). Upon the appointment of, and acceptance by, a successor
L/C Issuer, (A) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer and (B) the successor L/C Issuer shall issue letters of credit in substitution for the
Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to KeyBank National Association to effectively assume the obligations of KeyBank National Association with respect to such Letters of
Credit whereupon such substitute letters of credit or other arrangements shall be deemed to be, and the Letters of Credit issued by the retiring L/C Issuer shall cease to be, Letters of Credit hereunder. 

Section 10.07 Treatment of Certain Information; Confidentiality. 

(a)        Treatment of Certain Information. Each of the Administrative Agent,
the Lenders and the L/C Issuer agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (i) to its Related Parties and service providers (it being understood that the Persons to whom
such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (ii) to the extent required or requested by any regulatory authority purporting to have jurisdiction
over such Person or its Related Parties or service providers (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (iii) to the extent required by Applicable Laws or regulations or by any
subpoena or similar legal process, (iv) to any other party hereto, (v) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan
Document or the enforcement of rights hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same as those of this Section, to (A) any assignee of or Participant in, or any prospective assignee of or
Participant in, any of its rights and obligations under this Agreement or any Eligible Assignee invited to be a Lender pursuant to Section 2.16, 2.17 or 2.18 or (B) any actual or prospective party (or its Related Parties and service
providers) to any swap, derivative or other transaction under which payments are to be made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (vii) on a confidential basis to (A) any rating agency in
connection with rating the Borrower or its Subsidiaries or the credit 

  
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facilities provided hereunder or (B) the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with respect
to the credit facilities provided hereunder, (viii) with the consent of the Borrower or to the extent such Information (1) becomes publicly available other than as a result of a breach of this Section or (2) becomes available to the
Administrative Agent, any Lender, the L/C Issuer or any of their respective Affiliates on a nonconfidential basis from a source other than the Borrower. For purposes of this Section, “Information” means all information received from the
Borrower or any Subsidiary relating to the Borrower or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative Agent, any Lender or the L/C Issuer on a nonconfidential basis prior
to disclosure by the Borrower or any Subsidiary, provided that, in the case of information received from the Borrower or any Subsidiary after the date hereof, such information is clearly identified at the time of delivery as confidential. Any
Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such
Information as such Person would accord to its own confidential information. 

(b)        Non-Public Information.
Each of the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (i) the Information may include material non-public information concerning the Borrower or any of its Subsidiaries, as
the case may be, (ii) it has developed compliance procedures regarding the use of material non-public information and (iii) it will handle such material
non-public information in accordance with Applicable Law, including United States federal and state securities Laws. 

(c)        Press Releases. The Borrower and its Affiliates agree that they
will not in the future issue any press releases using the name of the Administrative Agent or any Lender or their respective Affiliates or referring to this Agreement or any of the other Loan Documents without the prior written consent of the
Administrative Agent or such Lender, not to be unreasonably withheld, unless (and only to the extent that) the Borrower or such Affiliate is required to do so under law and then, in any event the Borrower or such Affiliate will consult with such
Person before issuing such press release; provided that the Borrower may issue any such press release without the prior written consent of the Administrative Agent or such Lender if such press release contains substantially similar
information as the information contained in a press release previously approved by the Administrative Agent or such Lender, including, but not limited to, the press release to be issued announcing the execution and delivery of this Agreement. 

(d)        Customary Advertising Material. The Administrative Agent and the
Lenders agree that they will not use the name, product photographs, logo or trademark of the Borrower for any advertising material relating to the transactions contemplated hereby without the prior written consent of the Borrower, not to be
unreasonably withheld. 
 Section 10.08 Right of Setoff. 

If an Event of Default shall have occurred and be continuing, each Lender, the L/C Issuer and each of their respective
Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by Applicable Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any
time held and other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such 

  
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Affiliate to or for the credit or the account of the Borrower against any and all of the obligations of the Borrower now or hereafter existing under this Agreement or any other Loan Document to
such Lender or the L/C Issuer or their respective Affiliates, irrespective of whether or not such Lender, the L/C Issuer or Affiliate shall have made any demand under this Agreement or any other Loan Document and although such obligations of the
Borrower may be contingent or unmatured, secured or unsecured, or are owed to a branch, office or Affiliate of such Lender or the L/C Issuer different from the branch, office or Affiliate holding such deposit or obligated on such indebtedness;
provided that in the event that any Defaulting Lender shall exercise any such right of setoff, all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of
Section 2.15 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent, the L/C Issuer and the Lenders. The rights of each Lender, the L/C
Issuer and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the L/C Issuer or their respective Affiliates may have. Each Lender and the L/C Issuer agrees
to notify the Borrower and the Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and application. 

Section 10.09 Interest Rate Limitation.  

Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan
Documents shall not exceed the maximum rate of non-usurious interest permitted by Applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an
amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by
the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by Applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude
voluntary prepayments and the effects thereof and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 

Section 10.10 Counterparts; Integration; Effectiveness. 

This Agreement and each of the other Loan Documents may be executed in counterparts (and by different parties hereto in
different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement, the other Loan Documents, and any separate letter agreements with respect to fees payable
to the Administrative Agent or the L/C Issuer, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter
hereof. Except as provided in Section 4.01, this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together,
bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement or any other Loan Document, or any certificate delivered thereunder, by fax transmission or other electronic mail
transmission (e.g. “pdf” or “tif”) shall be effective as delivery of a manually executed counterpart of this Agreement or such other Loan Document or certificate. Without limiting the foregoing, to the extent a manually executed

  
 144 

 
counterpart is not specifically required to be delivered under the terms of any Loan Document, upon the request of any party, such fax transmission or electronic mail transmission shall be
promptly followed by such manually executed counterpart. 
 Section 10.11 Survival of Representations and
Warranties.  
 All representations and warranties made hereunder and in any other Loan Document or other
document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Administrative Agent and
each Lender, regardless of any investigation made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at the time of any Credit
Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 

Section 10.12 Severability.  

If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or unenforceable, (a) the
legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal,
invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section, if and to the extent that the enforceability of any provisions in this Agreement relating to Defaulting Lenders
shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent or the L/C Issuer, as applicable, then such provisions shall be deemed to be in effect only to the extent not so limited. 

Section 10.13 Replacement of Lenders. 

If the Borrower is entitled to replace a Lender pursuant to the provisions of Section 3.06, or if any Lender is a
Defaulting Lender or a Non-Consenting Lender or if any other circumstance exists hereunder that gives the Borrower the right to replace a Lender as a party hereto, then the Borrower may, at its sole expense
and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 10.06), all of
its interests, rights (other than its existing rights to payments pursuant to Sections 3.01 and 3.04) and obligations under this Agreement and the related Loan Documents to an Eligible Assignee that shall assume such obligations (which assignee
may be another Lender, if a Lender accepts such assignment), provided that: 

(a)        the Borrower shall have paid to the Administrative Agent the assignment
fee (if any) specified in Section 10.06(b); 
 (b)        such Lender shall
have received payment of an amount equal to 100% of the outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any

  
 145 

 
amounts under Section 3.05) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 

(c)        in the case of any such assignment resulting from a claim for compensation
under Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter; 

(d)        such assignment does not conflict with Applicable Laws; and 

(e)        in the case of an assignment resulting from a Lender becoming a Non-Consenting Lender, the applicable assignee shall have consented to the applicable amendment, waiver or consent. 

A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such
Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 

Section 10.14 Governing Law; Jurisdiction; Etc. 

(a)        GOVERNING LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (EXCEPT,
AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT
(EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

(b)        SUBMISSION TO JURISDICTION. THE BORROWER IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT IT WILL NOT COMMENCE ANY ACTION, LITIGATION OR PROCEEDING OF ANY KIND OR DESCRIPTION, WHETHER AT LAW OR IN EQUITY, WHETHER IN CONTRACT OR IN TORT OR OTHERWISE, AGAINST THE ADMINISTRATIVE AGENT, ANY LENDER, THE L/C ISSUER,
OR ANY RELATED PARTY OF THE FOREGOING IN ANY WAY RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS, IN ANY FORUM OTHER THAN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT
COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION,
LITIGATION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION, LITIGATION OR
PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS 

  
 146 

 
AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS
AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE BORROWER OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(c)        WAIVER OF VENUE. THE BORROWER IRREVOCABLY AND UNCONDITIONALLY
WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT
REFERRED TO IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY
SUCH COURT. 
 (d)        SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY
CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

Section 10.15 Waiver of Jury Trial. 

EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A
TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY
HERETO (a) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(b) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

Section 10.16 No Advisory or Fiduciary Responsibility. 

In connection with all aspects of each transaction contemplated hereby (including in connection with any amendment, waiver or
other modification hereof or of any other Loan Document), the Borrower acknowledges and agrees, and acknowledges its Affiliates’ understanding, that: (a) (i) the arranging and other services regarding this Agreement provided by the
Administrative Agent and any Affiliate thereof, the Arrangers and the Lenders are arm’s-length commercial transactions between the Borrower and its Affiliates, on the one hand, and the Administrative
Agent and, as applicable, its Affiliates and the Lenders and their Affiliates (collectively, solely for purposes of this Section, the “Lenders”), on the other hand, (ii) the 

  
 147 

 
Borrower has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate and (iii) the Borrower is capable of evaluating, and understands and
accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (b) (i) the Administrative Agent and its Affiliates and each Lender each is and has been acting solely as a principal and, except
as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary, for Borrower or any of its Affiliates, or any other Person and (ii) neither the Administrative Agent, any of
its Affiliates nor any Lender has any obligation to the Borrower or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (c) the
Administrative Agent and its Affiliates and the Lenders may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and its Affiliates, and neither the Administrative Agent, any of its Affiliates nor
any Lender has any obligation to disclose any of such interests to the Borrower or any of its Affiliates. To the fullest extent permitted by law, the Borrower hereby waives and releases any claims that it may have against the Administrative Agent,
any of its Affiliates or any Lender with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transactions contemplated hereby. 

Section 10.17 Electronic Execution of Assignments and Certain Other Documents. 

The words “delivery”, “execute,” “execution,” “signed,” “signature,” and
words of like import in this Agreement, any Assignment and Assumption or in any amendment or other modification hereof (including waivers and consents) shall be deemed to include electronic signatures, the electronic matching of assignment terms and
contract formations on electronic platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical
delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any Applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided that notwithstanding anything contained herein to the contrary the Administrative Agent is under no obligation to agree
to accept electronic signatures in any form or in any format unless expressly agreed to by the Administrative Agent pursuant to procedures approved by it; provided further without limiting the foregoing, upon the request of the Administrative Agent,
any electronic signature shall be promptly followed by such manually executed counterpart. 

Section 10.18 Automatic Alternative Currency Conversion.  

If an Automatic Alternative Currency Conversion Trigger shall occur, the Outstanding Amount of all Revolving Loans denominated
in an Alternative Currency and the Outstanding Amount of all Letters of Credit denominated in an Alternative Currency shall, automatically and with no further action required, be converted into the Dollar Equivalent of such amounts, determined by
the Administrative Agent or the L/C Issuer, as the case may be, on the basis of the Spot Rate determined on the Automatic Alternative Currency Conversion Date, and on and after such date all amounts accruing and owed to the Lenders in respect of the
Outstanding Amount of such Revolving Loans and such Letters of Credit shall accrue and be payable in Dollars at the rate otherwise applicable hereunder. 

  
 148 

 Section 10.19 Judgment Currency. 

If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or under any other
Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the Business
Day preceding that on which final judgment is given. The obligation of the Borrower in respect of any such sum due from it to the Administrative Agent, the L/C Issuer or any Lender hereunder or under the other Loan Documents shall, notwithstanding
any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to
the extent that on the Business Day following receipt by the Administrative Agent or such Lender, as the case may be, of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent or such Lender, as the case may be, may in
accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent or any Lender from the
Borrower in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent, the L/C Issuer or such Lender, as the case may be, against such loss. If the amount of
the Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent, the L/C Issuer or such Lender in such currency, the Administrative Agent, the L/C Issuer or such Lender, as the case may be, agrees to return the
amount of any excess to the Borrower (or to any other Person who may be entitled thereto under Applicable Law). All of the Borrower’s obligations under this Section 10.19 shall survive termination of the Aggregate Commitments and repayment
of all other Obligations hereunder. 
 Section 10.20 USA PATRIOT Act Notice. 

Each Lender that is subject to the PATRIOT Act and the Administrative Agent (for itself and not on behalf of any Lender)
hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act, it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other
information that will allow such Lender or the Administrative Agent, as applicable, to identify the Borrower in accordance with the PATRIOT Act. The Borrower agrees to, promptly following a request by the Administrative Agent or any Lender, provide
all such other documentation and information that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations,
including the PATRIOT Act. 
 Section 10.21 Acknowledgement and Consent to 

 Bail-In of Affected Financial Institutions. 

Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among
any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of the
applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: 

  
 149 

 (a)        the application of any
Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution; and 

(b)        the effects of any Bail-In Action
on any such liability, including, if applicable: 
 (i)        a reduction in full
or in part or cancellation of any such liability; 
 (ii)        a conversion of
all, or a portion of, such liability into shares or other instruments of ownership in such Affected Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or
other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or 

(iii)        the variation of the terms of such liability in connection with the
exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority. 

Section 10.22 Acknowledgement Regarding Any Supported QFCs. 

To the extent that the Loan Documents provide support, through a guarantee or otherwise, for any Swap Contract or any other
agreement or instrument that is a QFC (such support, “QFC Credit Support”, and each such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal
Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution
Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York
and/or of the United States or any other state of the United States): In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject to a proceeding under a U.S. Special Resolution Regime,
the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit
Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in
property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights
under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under
the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed that rights and remedies
of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support. 

  
 150 

 Section 10.23 Termination of Existing Credit
Agreement. 
 On the Closing Date, the Existing Credit Agreement is hereby terminated except for (i) the
obligations in respect of the U.S. Term Loans and Canadian Term Loans contemplated under Section 2.01(a) and (ii) the provisions, if any, that are specified in the Existing Credit Agreement as surviving the termination thereof, which
provisions shall as so specified, survive and remain in full force and effect. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK. SIGNATURE
PAGES FOLLOW] 

  
 151 

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

							
	BORROWER:	 		 	        	 	WELLTOWER INC.
				
		 		 		 	By:      /s/ Tim
McHugh                            
				
		 		 		 	Name: Tim McHugh
		 		 		 	 Title:   Executive Vice President
and Chief Financial Officer

				
		 		 		 	KEYBANK NATIONAL ASSOCIATION, as Administrative Agent, as the LC Issuer and as a Lender
				
		 		 		 	By:     /s/ Laura Conway                           
				
		 		 		 	Name: Laura Conway
		 		 		 	Title:   Senior Vice President
				
		 		 		 	Bank of America, N.A.
				
		 		 		 	By:     /s/ Yinghua Zhang                         
				
		 		 		 	Name: Yinghua Zhang
		 		 		 	Title:   Director
				
		 		 		 	JPMorgan Chase Bank, N.A.
				
		 		 		 	By:     /s/ Lance Buxkemper                     
				
		 		 		 	Name: Lance Buxkemper
		 		 		 	Title:   Vice President

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION
	
	By:     /s/ Kirk
Tesch                                
	
	Name: Kirk Tesch
	Title:   Managing Director
	
	BARCLAYS BANK PLC
	
	By:     /s/ Craig Malloy                            
	
	Name: Craig Malloy
	Title:   Director
	
	CITIBANK, N.A.
	
	By:     /s/ David Bouton                            
	
	Name: David Bouton
	Title:   Authorized Signatory
	
	 CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

	
	By:     /s/ Jean-Michel Fatovic                  
	
	Name: Jean-Michel Fatovic
	Title:   Managing Director
	
	By:     /s/ Myra Luz Martinez                    
	
	Name: Myra Luz Martinez
	Title:   Director

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	DEUTSCHE BANK AG NEW YORK BRANCH
	
	By:     /s/ Ming K Chu                            
	
	Name: Ming K Chu (ming.k.chu@db.com
	Title:   Director (212-250-5451)
	
	By:     /s/ Marko Lukin                           
	
	Name: Marko Lukin (marko.lukin@db.com)
	Title:   Vice President (212-250-7283)
	
	GOLDMAN SACHS BANK USA
	
	By:     /s/ Kevin Raisch                           
	
	Name: Kevin Raisch
	Title:   Authorized Signatory
	
	MIZUHO BANK, LTD.
	
	By:     /s/ Donna DeMagistris                  
	
	Name: Donna DeMagistris
	Title:   Authorized Signatory
	
	MORGAN STANLEY BANK, N.A.
	
	By:     /s/ Philip
Kim                                
	
	Name: Philip Kim
	Title:   Vice President
	
	MUFG BANK, LTD.
	
	By:     /s/ Reema Sharma                        
	
	Name: Reema Sharma
	Title:   Authorized Signatory

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	PNC BANK, NATIONAL ASSOCIATION
	
	By:     /s/ Shari L. Reams-Henofer            
	
	Name: Shari L. Reams-Henofer
	Title:   Senior Vice President
	
	ROYAL BANK OF CANADA
	
	By:     /s/ William Behuniak                     
	
	Name: William Behuniak
	Title:   Authorized Signatory
	
	BMO HARRIS BANK, N.A.
	
	By:     /s/ Lloyd
Baron                              
	
	Name: Lloyd Baron
	Title:   Managing Director
	
	BNP PARIBAS
	
	By:     /s/ John
Bosco                                
	
	Name: John Bosco
	Title:   Managing Director
	
	By:     /s/ Andrew Strait                            
	
	Name: Andrew Strait
	Title:   Managing Director
	
	CAPITAL ONE, NATIONAL ASSOCIATION
	
	By:     /s/ Jason LaGrippe                          
	
	Name: Jason LaGrippe
	Title:   Senior Vice President

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	CITIZENS BANK, N.A.
	
	By:     /s/ Kerri Colwell                        
	
	Name: Kerri Colwell
	Title:   Senior Vice President
	
	 FIFTH THIRD BANK, NATIONAL ASSOCIATION

	
	By:     /s/ Michael P. Perillo                  
	
	Name: Michael P. Perillo
	Title:   Executive Director
	
	REGIONS BANK
	
	By:     /s/ John E. Boulder                        
	
	Name: John E. Boulder
	Title:   Senior Vice President
	
	 SUMITOMO MITSUI BANKING CORPORATION

	
	By:     /s/ Gail Motonaga                          
	
	Name: Gail Motonaga
	Title:   Executive Director
	
	TD BANK, NA
	
	By:     /s/ Sean C Dunne                          
	
	Name: Sean C Dunne
	Title:   Director

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	 THE TORONTO DOMINION BANK, NEW YORK BRANCH

	
	By:     /s/ Brian MacFarlane                    
	
	Name: Brian MacFarlane
	Title:   Authorized Signatory
	
	THE BANK OF NOVA SCOTIA
	
	By:     /s/ Arjun Talwalkar                      
	
	Name: Arjun Talwalkar
	Title:   Director
	
	THE HUNTINGTON NATIONAL BANK
	
	By:     /s/ Michael J Kinnick                    
	
	Name: Michael J Kinnick
	Title:   Managing Director
	
	 TRUIST BANK, F/K/A BRANCH BANKING AND TRUST COMPANY

	
	By:     /s/ Brad Bowen                            
	
	Name: Brad Bowen
	Title:   Managing Director
	
	BANK OF NEW YORK MELLON
	
	By:     /s/ Sabrina Washington                
	
	Name: Sabrina Washington
	Title:   Director

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	COMERICA BANK
	
	By:     /s/ Mark J. Leveille                        
	
	Name: Mark J. Leveille
	Title:   Vice President
	
	HANCOCK WHITNEY BANK
	
	By:     /s/ Michael Woodnorth                  
	
	Name: Michael Woodnorth
	Title:   Vice President – Healthcare Banking
	
	BANK OF CHINA, NEW YORK BRANCH
	
	By:     /s/ Raymond Qiao                         
	
	Name: Raymond Qiao
	Title:   Executive Vice President
	
	SYNOVUS BANK
	
	By:     /s/ Zachary Braun                          
	
	Name: Zachary Braun
	Title:   Corporate Banker
	
	BOKF, NA dba BOK FINANCIAL
	
	By:     /s/ Christopher Rollman                 
	
	Name: Christopher Rollman
	Title:   Senior Vice President

  
 Signature Page to
Welltower Inc. 2021 A&R Credit Agreement 

 
	
	BBVA USA
	
	By:     /s/ Brian Tuerff                            
	
	Name: Brian Tuerff
	Title:   Senior Vice President
	
	RAYMOND JAMES BANK
	
	By:     /s/ Gregory A. Hargrove                
	
	Name: Gregory A. Hargrove
	Title:   Vice President

  
 Signature Page to
Welltower Inc. 2021 A&R Credit AgreementExhibit 10.1

 

 

 

 

 

 

 

 

AGREEMENT AND PLAN OF MERGER AND REORGANIZATION

 

 

by and among

 

COMSovereign Holding Corp.,

 

CHC Merger Sub V, LLC,

 

Innovation Digital, LLC

 

and

 

Scott R. Velazquez 

 

 

 

Dated as of June 3, 2021

 

 

 

 

 

 

 

     

     

    

 

AGREEMENT AND PLAN OF MERGER AND REORGANIZATION

 

This AGREEMENT AND PLAN OF
MERGER AND REORGANIZATION (this “Agreement”) is made and entered into as of June 3, 2021 (the “Agreement Date”),
by and among: COMSovereign Holding Corp., a Nevada corporation (“CHC”), CHC Merger Sub V, LLC, a California limited
liability company and a wholly-owned subsidiary of CHC (“Merger Sub”), Innovation Digital, LLC, a California limited
liability company (“ID” or the “Company”)), and Dr. Scott R. Velazquez, a married man residing in
California (the “ID Member”). CHC, Merger Sub, ID, and ID Member may be referred to herein individually as a “Party”
and collectively as the “Parties.” Certain additional capitalized terms that are used in this Agreement are defined
in Section 9.1.

 

RECITALS:

 

A. The
ID Member holds one hundred percent (100%) of the Membership Units of ID.

 

B. CHC,
Merger Sub and ID intend to effect a reorganization (the “Reorganization”) in which Merger Sub will merge with and
into ID in accordance with this Agreement, Merger Sub will cease to exist, and ID survive as a direct, wholly owned Subsidiary of CHC
(the “Merger”).

 

B. The
Board of Directors of CHC (the “CHC Board”) and the Manager of Merger Sub have each: (i) determined that the Merger
and the other Contemplated Transactions are fair to and in the best interests of each CHC, Merger Sub, and their stockholders or members,
as the case may by, and (ii) unanimously approved this Agreement, the Merger and the other Contemplated Transactions.

 

C.  The
Manager of Merger Sub has recommended to CHC as the sole member of Merger Sub that CHC adopt and approve this Agreement, the Merger and
the other Contemplated Transactions, and CHC, as the sole member of Merger Sub has so adopted and approved this Agreement, the Merger
and the other Contemplated Transactions.

 

D. The
ID Member, as the sole member of ID has (i) determined that the Merger and the other Contemplated Transactions are fair to and in the
best interests of ID and its member and (ii) approved this Agreement, the Merger and the other Contemplated Transactions.

 

E. For
U.S. federal income tax purposes, CHC, Merger Subs, and ID intend that (i) this Agreement is a “plan of reorganization” within
the meaning of Section 1.368-2(g) of the Treasury Regulations, and (ii) for U.S. federal and applicable state and local income Tax purposes,
the Reorganization constitutes a “reorganization” within the meaning of Section 368(a) of the Code.

 

NOW, THEREFORE, in consideration
of the foregoing premises, the mutual covenants, promises and representations set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged and accepted, the Parties hereby agree as follows:

 

ARTICLE
I

THE MERGER AND EFFECT ON EQUITY INTERESTS

 

1.1 The
Merger. At the Effective Time and subject to and upon the terms and conditions of this Agreement and the applicable provisions of
the CCC, Merger Sub shall be merged with and into ID, the separate organizational existence of Merger Sub shall cease and ID shall continue
as the surviving entity in the Merger. As a result of the Merger, the outstanding ID Units and membership units of Merger Sub shall be
converted or cancelled in the manner provided herein. The organizational existence of ID, with all its purposes, rights, privileges, franchises,
powers and objects, shall continue unaffected and unimpaired by the Merger except as otherwise may be specifically set forth herein. The
surviving company of the Merger after the Merger is sometimes referred to hereinafter as the “Surviving Company”.

 

    1

     

    

 

1.2 Effective
Time; Closing. Subject to the provisions of this Agreement, the Parties shall cause the Merger to be consummated by filing the Certificate
of Merger in substantially the form attached hereto as Exhibit A (the “Statement of Merger”) with the Secretary
of State of the State of California in accordance with the relevant provisions of the CCC. The Statement of Merger shall be duly executed
by ID and Merger Sub and, concurrently with or as soon as practicable following the Closing, delivered to the Secretary of State of the
State of California for filing. The Merger shall become effective upon the date of initial filing of the Statement of Merger with the
Secretary of State of the State of California (the “Effective Time”). The closing of the Merger and the other Contemplated
Transactions (the “Closing”) shall take place remotely and electronically at a time and date to be specified by the
parties hereto, which time and date shall be no later than the third (3rd) Business Day after the satisfaction or waiver of
the conditions set forth in ARTICLE V  (other than those conditions that by their nature are to be satisfied at the Closing, but
subject to the satisfaction of or, to the extent permitted hereunder, waiver of all such conditions), unless this Agreement has been terminated
pursuant to its terms, or at such other location, time and date as the parties hereto shall mutually agree in writing (the date upon which
the Closing actually occurs being referred to herein as the “Closing Date”). In the event of any rejection or non-acceptance
of the filing of the Statement of Merger by the Secretary of State of the State of California, each of CHC, Merger Sub, and ID will take
or cause to be taken all commercially reasonable steps necessary or desirable and proceed in good faith to diligently revise the Statement
of Merger and obtain acceptance of the Statement of Merger by the Secretary of State of the State of California.

 

1.3 Effect
of the Merger. At the Effective Time, the effects of the Merger shall be as provided in this Agreement and the applicable provisions
of the CCC.

 

1.4 Articles
of Organization; Operating Agreement. At the Effective Time, the limited liability company agreement of Merger Sub, as in effect immediately
prior to the Effective Time, shall be the limited liability company agreement of the Surviving Company, until thereafter amended as provided
by Law and by the terms of such limited liability company agreement; provided, however, that, as among the ID Member only, (i) all provisions
of the ID Operating Agreement relating to the allocation of profit and loss and tax items for Tax periods ending on or before the Closing
Date, (ii) the associated distribution, tax audit and enforcement provisions, both as set forth in the ID Operating Agreement immediately
prior to Closing, and (iii) provisions related to indemnification of directors and officers, shall survive as a valid and legally binding
agreements (“Member’s Legacy Agreement”).

 

1.5 Managing
Member and Officers of the Surviving Company. At the Effective Time and by virtue of the Merger, CHC shall be the managing member
and Manager of the Surviving Company. The officers of Merger Sub immediately prior to the Effective Time shall be the officers of the
Surviving Company immediately after the Effective Time, each to hold office in accordance with the provisions of the limited liability
company agreement of the Surviving Company.

 

1.6 Effect
on ID Units. Subject to the terms and conditions set forth in this Agreement, at the Effective Time, by virtue of the Merger, and
without any action on the part of the Parties or the holders of any of the following securities, the following shall occur:

 

(a) Conversion
of ID Units. The parties acknowledge that shares of common stock of CHC are traded on NASDAQ, a national securities exchange
registered under Section 6 of the Securities Exchange Act of 1934 (15 U.S.C. 78f) with the Securities and Exchange Commission. At the
Effective Time, the Membership Units of ID (the “ID Units”) issued and outstanding immediately prior to the Effective
Time shall be cancelled and extinguished and automatically converted into the right to receive, subject to the terms and conditions hereof,
collectively, (i) the sum of $1,000,000 in cash (the “CHC Cash Consideration”), (ii) 3,165,322 newly issued shares
of common stock, $0.0001 par value per share, of CHC, based on a price of $2.35 per share (the “Merger Price Per Share”),
which shall be the five (5) day average of the daily closing prices on NASDAQ (determined at www.nasdaq.com) for the five (5) days immediately
preceding the date hereof rounded up to the nearest whole cent (the “CHC Shares”), and (iii) CHC convertible promissory
note in the principal amount of $600,000 having the terms and substantially in the form as the form of convertible promissory note annexed
hereto as Exhibit B (the “CHC Convertible Note”), which CHC Convertible Note shall be convertible by the holder
into shares of common stock, par value $0.0001 per share, of CHC (the “CHC Common Stock”) as set forth in the CHC Convertible
Note (collectively, the “Merger Consideration”) and which will be dated as of the Closing Date. The parties intend
that the foregoing satisfy the Average of the Daily Closing Prices Safe Harbor Valuation Method set forth in Revenue Procedure 2018-12,
2018-6 IRB 349, using a five (5)-day measuring period ending on the date immediately preceding the date of this Agreement.

 

    2

     

    

 

(b) Treatment
of Merger Sub Membership Interests. At the Effective Time, each membership interest of Merger Sub that is issued and outstanding immediately
prior to the Effective Time will constitute one membership interest of the Surviving Company. Such membership interests shall be the only
membership interests of the Surviving Company that are issued and outstanding.

 

1.7 Payment
of Merger Consideration.

 

(a) Closing
Payments.  At Closing, CHC shall deliver or cause to be delivered to the ID Member: (i) the CHC Shares; (ii) the CHC Cash Consideration
in immediately available funds; and (iii) the Convertible Note dated as of the Closing Date.

 

(b) No
Further Ownership Rights in ID Units. All Closing Consideration issued and delivered on the Closing Date pursuant
to Section 1.7(a) in accordance with the terms hereof shall be deemed to have been issued at the Effective Time in full satisfaction
of all rights pertaining to the ID Units outstanding on the Closing Date. From and after the Effective Time, the transfer books of ID
shall be closed and there shall be no further registration of transfers on the transfer books of the Surviving Company of the ID Units
that were outstanding immediately prior to the Effective Time.

 

1.8 No
Withholding. Notwithstanding anything in this Agreement to the contrary, so long as ID Member delivers to CHC an IRS Form W-9, duly
executed by ID Member, on or prior to the Closing Date, there shall be no withholding, deduction or offset for Taxes on any amounts payable
or deliverable pursuant to this Agreement.

 

ARTICLE
II

REPRESENTATIONS AND WARRANTIES OF ID

 

ID hereby represents and warrants
to CHC, subject to such exceptions as are specifically disclosed in the disclosure letter supplied by ID to CHC, dated as of the Agreement
Date (the “ID Disclosure Letter”), as set forth below in this ARTICLE II.

 

2.1 Organization
and Qualification; No Subsidiaries.

 

(a) ID
is a single member limited liability company duly organized, validly existing and in good standing under the Laws of California and has
the requisite limited liability company power and authority to own, lease and operate its assets and properties and to carry on its business
as it is now being conducted. ID is in possession of all franchises, grants, authorizations, licenses, permits, easements, consents, certificates,
approvals and orders (“ID Approvals”) necessary to own, lease and operate the properties it purports to own, operate
or lease and to carry on its business as it is now being conducted, except where the failure to have such ID Approvals would not, individually
or in the aggregate, have or reasonably be expected to have a ID Material Adverse Effect. ID is duly qualified or licensed as a foreign
limited liability company to do business, and is in good standing, in each jurisdiction where the character of the properties owned, leased
or operated by it or the nature of its activities makes such qualification or licensing necessary, except for such failures to be so duly
qualified or licensed and in good standing that would not, either individually or in the aggregate, have or reasonably be expected to
have a ID Material Adverse Effect.

 

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(b) No
Subsidiaries. ID has no subsidiaries and owns no debt, equity or other similar interest in any other Person. ID has not agreed, nor
is ID obligated to make, and nor is ID bound by, any written, oral or other agreement, contract, sub-contract, lease, binding understanding,
instrument, note, option, warranty, purchase order, license, sub-license, insurance policy, benefit plan, commitment, or undertaking of
any nature, under which it may become obligated to make, any future investment in or capital contribution to any other Person. ID does
not directly or indirectly own any equity or similar interest in, or any interest convertible, exchangeable or exercisable for any equity
or similar interest in, any other Person.

 

2.2 Articles
of Organization and Operating Agreement. ID has previously furnished or made available to CHC complete and correct copies of ID’s
organizational documents (e.g., articles of organization and operating agreement), as amended to date. Such organizational documents
are in full force and effect. ID is not in violation of any of the provisions of its organizational documents in any material respect.

 

2.3 Units
of ID.  

 

(a) ID
Member is the sole owner of all of the ID Units as of the Closing Date. Schedule 2.3(a) sets forth the total amount of ID Units
that be issued and outstanding as of the Closing Date (the “ID Cap Table”).

 

(b) Except
as set forth on Schedule 2.3(b) of the ID Disclosure Letter or in the ID Cap Table, ID has no Derivative Security issued and outstanding,
or any other obligation of any type pursuant to which any Person has any right to acquire or receive any equity interests in ID.

 

(c) All
outstanding ID Units have been issued and granted in compliance in all material respects with: (i) all applicable domestic or foreign
statutes, laws, rules, regulations or ordinances (each a “Law”) applicable to the issuance and sale of securities,
and any domestic or foreign judgments, decrees, orders, writs, permits or licenses (each an “Order”) or otherwise put
into effect by or under the authority of any Governmental Entity; and (ii) all requirements set forth in applicable Contracts, including
the ID Operating Agreement.

 

(d) There
are no registration rights and there is no voting trust, proxy, rights plan, antitakeover plan or other agreement or understanding to
which ID is a party or by which it is bound with respect to any equity security of any class of ID.

 

(e) The
outstanding ID Units are uncertificated.

 

    4

     

    

 

2.4 Authority
Relative to this Agreement. ID has all necessary power and authority to execute and deliver this Agreement and all other Transaction
Documents to which it is a party (the “ID Transaction Documents”) and to perform its obligations hereunder and thereunder
and to consummate the Contemplated Transactions. The execution and delivery of this Agreement and the ID Transaction Documents by ID and
the consummation by ID of the Contemplated Transactions have been duly and validly authorized by all necessary organizational action on
the part of ID and no other organizational proceedings on the part of ID are necessary to authorize this Agreement and the ID Transaction
Documents or to consummate the transactions so contemplated. This Agreement and the ID Transaction Documents have been duly and validly
executed and delivered by ID and, assuming the due authorization, execution and delivery by the other parties thereto, constitute the
legal and binding obligation of ID, enforceable against ID in accordance with their respective terms, subject to: (i) the effect of bankruptcy,
fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting the enforcement of creditor’s
rights generally; and (ii) general equitable principles (whether considered in a proceeding in equity or at law).

 

2.5 No
Conflict; Required Filings and Consents.

 

(a) The
execution and delivery of this Agreement and the ID Transaction Documents by ID do not, and the performance of this Agreement and the
Transaction Documents by ID will not: (i) conflict with or violate the organizational documents of ID; (ii) subject to obtaining the consents,
approvals, authorizations and permits and making the registrations, filings and notifications set forth in Section 2.5(b)
of the ID Disclosure Letter, conflict with or violate any Law applicable to ID or by which its properties are bound or affected; (iii)
except as set forth in Section 2.5(a) of the ID Disclosure Letter, result in any breach of or constitute a default (or an
event that with notice or lapse of time or both would become a default) under, or impair ID’s rights or alter the rights or obligations
of any third party under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation
of a Lien on any of the properties or assets of ID pursuant to, any material Contract to which ID is a party or by which ID or any of
its properties are bound or affected; or (iv) other than as set forth in the provisions of this Agreement or in Section 2.3 of
the ID Disclosure Letter, cause the acceleration of any vesting of any awards for or rights to ID Units or the payment of or the acceleration
of payment of any change in control, severance, bonus or other cash payments or issuance of ID Units.

 

(b) The
execution and delivery of this Agreement and the ID Transaction Documents by ID does not, and the performance of this Agreement and the
ID Transaction Documents by ID will not, require any consent, approval, authorization or permit of, or registration, filing with or notification
to, any court, federal, state, local or foreign government or political subdivision thereof, or any agency or instrumentality of such
government or political subdivision, or any self-regulated organization or other non-governmental regulatory authority or quasi-governmental
authority (each, a “Governmental Entity” and, collectively, “Governmental Entities”), except for:
(i) applicable requirements, if any, of the Securities Act of 1933, as amended (the “Securities Act”), the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), and U.S. state securities laws (“Blue Sky Laws”);
(ii) the filing and recordation of the Articles of Merger as required by the CCC, as applicable; and (iii) such consents, approvals, authorizations,
permits, registrations, filings or notifications as are set forth in Section 2.5(a) of the ID Disclosure Letter.

 

2.6 Financial
Statements.

 

(a) ID
is not required to file any reports or documents with the SEC.

 

(b) To
the knowledge of ID, the unaudited interim consolidated financial statements of ID as of and for the annual period ending December 31,
2020 and the quarter ended March 31, 2021, including, in each case, the notes, if any, thereto (collectively, the “ID Financial
Statements”) attached Section 2.6 of the ID Disclosure Letter: (i) fairly present (subject, in the case of the unaudited
interim financial statements, to normal year-end audit adjustments (which are not expected to be, individually or in the aggregate, materially
adverse to ID) and the absence of complete footnotes) in all material respects the financial position of ID as at the respective dates
thereof and the results of its operations and cash flows for the respective periods then ended; and (ii) were compiled from, and are consistent
with, the books and records of ID, which books and records are accurate and complete in all material respects.

 

    5

     

    

 

(c) ID
is not a party to, nor does ID have any commitment to become a party to, any joint venture, off balance sheet partnership or any similar
Contract (including any Contract or arrangement relating to any transaction or relationship between or among ID, on the one hand, and
any unconsolidated Affiliate, including any structured finance, special purpose or limited purpose entity or Person, on the other hand,
or any “off balance sheet arrangements” (as defined in Item 303(a) of Regulation S-K under the Exchange Act)), where the result,
purpose or intended effect of such Contract is to avoid disclosure of any material transaction involving, or material Liabilities of,
ID in ID’s financial statements.

 

(d) ID
does not currently have outstanding (and will not have outstanding on the Closing Date) any “extensions of credit” (within
the meaning of Section 402 of the Sarbanes-Oxley Act of 2002 (including the rules and regulations promulgated thereunder, the “Sarbanes-Oxley
Act”)) to directors or executive officers (as defined in Rule 3b-7 under the Exchange Act) of ID.

 

2.7 Compliance;
Permits.

 

(a) Except
as set forth in Section 2.7(a) of the ID Disclosure Letter, ID is not in conflict with, or in default or violation of: (i) any
Law or Order applicable to ID, or by which any of its respective properties is bound or affected; or (ii) any Contract to which ID is
a party or by which ID or any of its respective properties is bound or affected, except for any conflicts, defaults or violations of such
Laws, Orders or Contracts that (individually or in the aggregate) would not have or reasonably be expected to have a ID Material Adverse
Effect. No Governmental Entity has indicated in writing to ID an intention to conduct an investigation or review against ID, and, to the
Knowledge of ID, no investigation or review by any Governmental Entity is pending or threatened in writing against ID.

 

(b) ID
holds all permits, licenses, variances, exemptions, orders and approvals from Governmental Entities which are material to operation of
the business of ID as currently conducted (collectively, the “ID Permits”). To the Knowledge of ID, ID is in compliance
in all material respects with the terms of each of the ID Permits applicable to it.

 

2.8 No
Undisclosed Liabilities. Except for matters reflected or reserved against in the balance sheet as of March 31, 2021 included in the
ID Financial Statements or as disclosed in Section 2.8 of the ID Disclosure Letter or with respect to fees and expenses of third
parties engaged in connection with the Merger and the transactions contemplated by this Agreement, ID has not at such date, and has not
incurred since such date, any Liabilities, except Liabilities or obligations which were incurred in the Ordinary Course of Business consistent
with past practice (none of which is a Liability for breach of contract, breach of warranty, tort, infringement or a Legal Action for
environmental Liability), or Liabilities which, in the aggregate would not be reasonably expected to have an aggregate obligation amount
in excess of $25,000.

 

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2.9 Absence
of Certain Changes or Events. Since March 31, 2021, except as described in Section 2.9 of the ID Disclosure Letter or pursuant
to this Agreement, ID has not:

 

(a) sold
or transferred (including licensed) or otherwise disposed of any material portion of its assets or properties that would be material to
ID, except for sales or transfers in the Ordinary Course of Business consistent with past practice;

 

(b) suffered
any material loss, or any material interruption in use, of any material assets or property on account of fire, flood, riot, strike or
other hazard or act of God that is not covered by insurance;

 

(c) suffered
any change to its businesses, other than in the Ordinary Course of Business consistent with past practice, which has had, or would reasonably
be expected to have, a ID Material Adverse Effect;

 

(d) entered
into any Contract that would constitute a ID Material Agreement, other than in the Ordinary Course of Business consistent with past practice;

 

(e) terminated
or materially modified, waived any material right under or cancelled any ID Material Agreement or waived any material right with respect
to any of the items disclosed in Section 2.18 of the ID Disclosure Letter;

 

(f) incurred
any Liens on any material assets or property, or any losses, damages, deficiencies, Liabilities, except for Liabilities incurred in the
Ordinary Course of Business consistent with past practice which are not material to its businesses;

 

(g) granted
any registration rights with respect to any of its securities;

 

(h) paid
or declared any dividends or other distributions on its equity securities of any class or issued, purchased or redeemed any of its equity
securities of any class;

 

(i) transferred,
assigned or granted any license or sublicense of any material rights under, or with respect to, items disclosed in Section 2.17
of the ID Disclosure Letter, other than in the Ordinary Course of Business consistent with past practice;

 

(j) made
any material capital expenditures;

 

(k) split,
combined or reclassified any units of its equity securities;

 

(l) made
any capital investment in, or any loan to, any other Person;

 

(m) amended
any of its organizational or constituent documents;

 

(n) paid
any bonuses to, or materially increased any bonuses, salaries, or other compensation to, any director, officer, or employee except in
the Ordinary Course of Business consistent with past practice;

 

(o) made
any payments to any Related Party other than as described in Section  2.21 of the ID Disclosure Letter and other than wages
and benefits that are in the ordinary course and consistent with past practice.

 

(p) adopted,
modified or increased payments or benefits to any Person other than for regular annual raises that are consistent with past practices;

 

    7

     

    

 

(q) entered
into, terminated, or received notice of termination of any (a) license, distributorship, dealer, sales representative, joint venture,
credit or similar agreement, or (b) Contract or transaction involving a total remaining commitment of at least $100,000;

 

(r) materially
changed any accounting method or period, made, changed or revoked any material Tax election, filed an income or other material Tax Return
in a jurisdiction in which such a Tax Return was not previously filed, consented to any extension or waiver of the limitations period
applicable to any material Tax claim or assessment, entered into a closing agreement with a taxing authority, or settled any administrative
or judicial proceeding related to Taxes;

 

(s) changed
any of the material terms in any material respect for the license of its products and services;

 

(t) instituted,
settled or compromised any Legal Actions pending or threatened in writing before any arbitrator, court or other Governmental Entity involving
the payment of monetary damages of any amount exceeding $25,000 in the aggregate; or

 

(u) agreed
or committed, whether orally or in writing, to do any of the foregoing.

 

2.10Absence of Litigation.
Except as otherwise provided in Section 2.10 of the ID Disclosure Letter, to the Knowledge of ID, there are no Legal Actions pending
or threatened in writing against ID, or any properties or rights of ID, before any Governmental Entity, including, for the avoidance of
doubt, the SEC.

 

2.11 Employee
Benefit Plans.

 

(a) Employee
Plans.

 

(i) Other
than those plans, policies or programs required to be maintained by applicable law, Section 2.11(a) of the ID Disclosure Letter
lists each “employee benefit plan,” as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”) and all other pension, retirement, supplemental retirement, deferred compensation, excess benefit,
profit sharing, bonus, incentive, stock purchase, stock ownership, stock option, stock appreciation right, profits interest, employment,
severance, salary continuation, termination, change-of-control, health, life, disability, group insurance, vacation, holiday and fringe
benefit plan, program, contract, or arrangement (whether written or unwritten, qualified or nonqualified, funded or unfunded and including
any that have been frozen or terminated):

 

(A) maintained,
contributed to, or required to be contributed to, by ID; or

 

(B) covering
any current or former employee, director, officer or independent contractor of ID; or

 

(C) maintained,
contributed to, or required to be contributed to, by any trade or business (whether or not incorporated) which is a member of a controlled
group or which is under common control with ID within the meaning of Sections 414(b), 414(c), 414(m) or 414(o) of the Code (a “ID
ERISA Affiliate”) under which ID has any Liability with respect to any current or former employee, director, officer or independent
contractor of ID (the “ID Plans”).

 

    8

     

    

 

(ii) To
ID’s Knowledge, ID has made available to CHC, as applicable:

 

(A) correct
and complete copies of all documents embodying each ID Plan including (without limitation) all amendments thereto, all related trust documents,
and all material written agreements and contracts relating to each such ID Plan (or, in the case of any unwritten ID Plan, a written summary
of the material provisions of such plan or agreement);

 

(B) the
three (3) most recent annual reports (Form Series 5500 and all schedules and financial statements attached thereto), if any, required
under ERISA or the Code in connection with each ID Plan;

 

(C) the
most recent summary plan description together with the summary(ies) of material modifications thereto, if any, required under ERISA with
respect to each ID Plan;

 

(D) all
IRS determination, opinion, notification and advisory letters;

 

(E) all
material correspondence to or from any Governmental Entity relating to any ID Plan;

 

(F) to
the extent available, all discrimination tests for each ID Plan for the most recent three (3) plan years;

 

(G) the
most recent annual actuarial valuations and/or periodic accounting, if any, prepared for each ID Plan;

 

(H) all
material written agreements and contracts relating to each ID Plan, including, but not limited to, administrative service agreements,
group annuity contracts and group insurance contracts;

 

(I) all
material communications generally distributed to all employees or former employees within the last three (3) years relating to any amendments,
terminations, establishments, increases or decreases in benefits, acceleration of payments or vesting schedules or other events which
would result in any material Liability under any ID Plan or proposed ID Plan; and

 

(J) all
policies pertaining to fiduciary liability insurance covering the fiduciaries for each ID Plan.

 

(b) To
ID’s Knowledge, the member of ID and each ID ERISA Affiliate is in compliance in all material respects with the provisions of ERISA,
the Code and all statutes, orders, rules and regulations (foreign or domestic) applicable to the ID Plans. To ID’s Knowledge, each
ID Plan is and has been maintained, operated and administered in compliance in all material respects with its terms and any related documents
or agreements and the applicable provisions of ERISA, the Code and all statutes, orders, rules and regulations (foreign or domestic) which
are applicable to such ID Plans.

 

(c) No
Legal Action (excluding individual claims for benefits incurred in the normal operation of each ID Plan) has been brought, or, to the
Knowledge of ID, is threatened in writing, against or with respect to any such ID Plan. The member of ID has not received any correspondence
from the IRS or the DOL regarding, and, to the Knowledge of ID, there are no audits, enquiries or proceedings pending or, threatened in
writing by the IRS or the DOL with respect to any ID Plans. All contributions, reserves or premium payments required to be made or accrued
as of the Closing Date to the ID Plans have or will have been timely made or accrued.

 

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(d) Any
ID Plan intended to be qualified under Section 401(a) of the Code and each trust intended to qualify under Section 501(a) of the Code
has obtained (or has an outstanding application for or, in the case of a prototype plan, is entitled to rely upon) a favorable determination,
notification, advisory and/or an opinion letter, as applicable, as to its qualified status from the IRS, and, to the Knowledge of ID,
nothing has occurred with regard to each such pension plan and the related trusts that could jeopardize such qualified status and exemption
from taxation under Section 501(a) of the Code. ID does not have any plan or commitment to establish any new ID Plan, to materially modify
any ID Plan (except to the extent required by Law or to conform any such ID Plan to the requirements of any applicable Law, in each case
as previously disclosed to CHC in writing, or as required by this Agreement), or to enter into any new ID Plan.

 

(e) No
ID Plan is now or at any time has been subject to Part 3, Subtitle B of Title I of ERISA or Title IV of ERISA. Neither ID nor any ID ERISA
Affiliate has ever contributed to or been required to contribute to any “multiemployer plan” (within the meaning of Section
3(37) of ERISA) and neither ID nor any ID ERISA Affiliate has any Liability (contingent or otherwise) relating to the withdrawal or partial
withdrawal from a multiemployer plan. ID is not subject to any Liability or penalty under Section 4975 through 4980B of the Code or Title
I of ERISA (other than routine claims for benefits under any ID Plan). No “prohibited transaction,” within the meaning of
Section 4975 of the Code or Sections 406 and 407 of ERISA, and not otherwise exempt under Section 408 of ERISA, has occurred with respect
to any ID Plan that would reasonably be expected to impose a material Liability on ID.

 

(f) ID
does not have and is not required to have any International Employee Plans.

 

(g) ID
and, to the Knowledge of ID, each ID ERISA Affiliate have complied in all material respects with the notice and continuation coverage
requirements of Section 4980B of the Code and the regulations thereunder (“COBRA”). Except as set forth in Section
2.11(g) of the ID Disclosure Letter, none of the ID Plans promises or provides retiree medical or other retiree welfare benefits to
any Person except as required by applicable Law, and ID has not represented, promised or contracted (whether in oral or written form)
to provide such retiree benefits to any employee, former employee, director, consultant or other Person, except to the extent required
by Law.

 

(h) Except
as set forth in Section 2.11(h) of the ID Disclosure Letter or in this Agreement, neither the execution and delivery of this Agreement
or the ID Transaction Documents nor the consummation of the Contemplated Transactions, solely by themselves, will: (i) result in any payment
(including severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any member, director or employee
of ID under any ID Plan or otherwise; (ii) increase any benefits otherwise payable by ID to any employee or service provider; (iii) limit
the right to merge, amend or terminate any ID Plan; or (iv) result in the acceleration of the time of payment or vesting of any such benefits.

 

(i) No
payment or benefit that will or may be made by ID or its ERISA Affiliates with respect to any employee, former employee, director, officer
or independent contractor of ID under an arrangement existing prior to the Closing, either alone or in conjunction with any other payment,
event or occurrence, (X) will or would reasonably be characterized as an “excess parachute payment” under Section 280G of
the Code as a result of the transactions contemplated by this Agreement or (Y) will not be fully deductible as a result of Section 162(m)
of the Code as a result of circumstances existing prior to the Closing. There is no Contract to which ID is a party or by which it is
bound to compensate any individual for excise taxes paid pursuant to Section 4999 of the Code.

 

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(j) Section
2.11(j) of the ID Disclosure Letter sets forth the name, title (or job description) and current annual salary of all current employees
of ID (“ID Employees”).

 

(k) Except
as would not reasonably be expected to result in a material liability to ID, each ID Plan that constitutes a “non-qualified deferred
compensation plan” within the meaning of Section 409A of the Code complies in both form and operation with the requirements of Section
409A of the Code so that no amounts paid pursuant to any such ID Plan is subject to tax under Section 409A of the Code.

 

(l) To
the Knowledge of ID, ID and each ID ERISA Affiliate has, for purposes of each ID Plan, correctly classified all individuals performing
services for ID as common law employees, leased employees, independent contractors or agents, as applicable.

 

2.12 Labor
Matters.

 

(a) ID
is not a party to any collective bargaining agreement or other labor union contract applicable to Persons employed by ID nor does ID know
of any activities or proceedings of any labor union to organize any such employees. ID does not have any Knowledge of any strikes, slowdowns,
work stoppages or lockouts, or threats thereof, by or with respect to any employees of ID.

 

(b) Except
as disclosed in Section 2.12(b) of the ID Disclosure Letter, during the past three (3) years: (i) ID is and has been in material
compliance with all applicable Laws with respect to labor and employment, including, without limitation, Laws with respect to fair employment
practices, discrimination, immigration and naturalization, retaliation, work place safety and health, unemployment compensation, workers’
compensation, affirmative action, terms and conditions of employment and wages and hours; (ii) to the Knowledge of ID, there have been
no Legal Actions pending before any Governmental Entity, or threats thereof with respect to labor and employment matters, including Legal
Actions between ID (on the one hand) and any of the current or former employees or current or former workers of ID (on the other hand);
(iii) there have been no written notices of charges of discrimination in employment or employment practices for any reason or noncompliance
with any other Law with respect to labor or employment that have been asserted, or, to the Knowledge of ID, overt threats thereof, before
the United States Equal Employment Opportunity Commission or any other Governmental Entity; (iv) ID has not been a party to, or otherwise
bound by, any consent decree or settlement agreement with, or citation by, any Governmental Entity relating to the current or former employees
or employment practices; and (v) to the Knowledge of ID, ID has not been subject to any audit or investigation by the Occupational Safety
and Health Administration, the DOL, or other Governmental Entity with respect to labor or employment Laws or with respect to the employees
of ID, or subject to fines, penalties, or assessments associated with such audits or investigations.

 

(c) To
the Knowledge of ID, all of the employees of ID are: (i) United States citizens or lawful permanent residents of the United States; (ii)
aliens whose right to work in the United States is unrestricted; or (iii) aliens who have valid, unexpired work authorizations issued
by the United States government.

 

(d) To
the Knowledge of ID, ID has properly treated all individuals performing rendered services to ID as employees, leased employees, independent
contractors or agents, as applicable, for all federal, state, local and foreign Tax purposes. Within the last six (6) years there has
been no determination by any Governmental Entity that any service provider treated by ID as an independent contractor should have been
treated as an employee of ID.

 

    11

     

    

 

2.13 Restrictions
on Business Activities. There is no agreement, commitment, judgment, injunction, order or decree binding upon ID or to which ID is
a party which has or would reasonably be expected to have the effect, in any material respect, of prohibiting or impairing any present
business practice of ID, any acquisition of property by ID or the conduct of business by ID as currently conducted.

 

2.14 Title
to Property.

 

(a) ID
owns no real property. Section 2.14 of the ID Disclosure Letter identifies by street address all real property leased or subleased
by ID (the “ID Leased Real Estate”). All ID Leased Real Estate is leased or licensed to ID pursuant to written leases
or Contracts, complete and accurate copies of which have been previously delivered or made available to CHC (collectively the “ID
Leases”). ID has a valid leasehold interest in ID Leased Real Estate, free and clear of all Liens. ID has not subleased any
ID Leased Real Estate. ID Leased Real Estate is not subject to any third-party licenses, concessions, leases or tenancies of any kind,
except as indicated on Section 2.14 of the ID Disclosure Letter. ID Leases are in full force and effect. To the Knowledge of ID,
there are no defaults in any material respect on the part of any landlord, sublandlord, licensor or ID under the ID Leases. ID has performed
in all material respects all of the obligations on its part to be performed under the ID Leases. No written consent of any landlord or
sublandlord or any licensor under ID Leases is required or necessary in order to consummate the transactions contemplated by this Agreement
and the ID Transaction Documents except as otherwise provided in Section 2.14 of the ID Disclosure Letter.

 

(b) ID
has not received written notice that the use or occupancy of ID Leased Real Estate violates in any material respect any covenants, conditions
or restrictions that encumber such property, or that any such property is subject to any restriction for which any material permits necessary
to the current use thereof have not been obtained.

 

(c) There
are no pending or, to the Knowledge of ID, threatened in writing, condemnation proceedings with respect to any material portion of ID
Leased Real Estate.

 

2.15 Taxes.

 

(a) Definition
of Taxes, Tax Returns and Tax Sharing Agreement. For all purposes of and under this Agreement, (i) “Tax”
or “Taxes” refers to any and all federal, state, local and foreign taxes, assessments and other governmental charges,
duties and impositions relating to taxes, including taxes based upon or measured by gross receipts, income, profits, sales, use and occupation,
and value added, ad valorem, transfer, franchise, withholding, payroll, recapture, employment, excise and property taxes, together with
all interest, penalties, and additions imposed by a taxing authority with respect to such amounts; and (ii) “Tax Return”
means any return, declaration, report, statement, information statement or other document filed or required to be filed with respect to
Taxes, including any claims for refunds of Taxes, any information returns and any amendments or supplements of any of the foregoing; and
(iii) “Tax Sharing Agreement” means a written agreement, the principal purpose of which is the sharing or allocation
of, or indemnification for, Taxes.

 

    12

     

    

 

(b) Tax
Returns and Audits. Except as may be disclosed by ID in Section 2.15 of the ID Disclosure Letter:

 

(i) ID
has filed all material U.S. federal, state, local and foreign Tax Returns required to be filed by ID. Such Tax Returns are true and correct
in all material respects, have been completed in all material respects in accordance with applicable Law, and all Taxes shown to be due
on such Tax Returns have been paid, other than any Taxes that are being contested in good faith pursuant to appropriate proceedings and
for which adequate reserves have been established.

 

(ii) ID
has delivered or made available to CHC correct and complete copies of all income Tax Returns of ID, and all examination reports, statements
of deficiencies assessed against or agreed to by ID or ID Member (with respect to the ownership, operation or management of ID), and other
material correspondence with Taxing authorities filed with respect to ID, or received by ID or ID Member (with respect to the ownership,
operation or management of ID), with respect to taxable periods beginning on or after January 1, 2017. There are no liens for Taxes
(other than Taxes not yet due and payable or the amount or validity of which is being contested in good faith and for which adequate reserves
have been established) upon any assets of ID, or any units, stock or membership interests in ID.

 

(iii) There
is no outstanding unresolved Tax deficiency proposed or assessed in writing against ID or ID Member (with respect to the ownership, operation
or management of ID) by a Taxing authority, nor has ID executed any unexpired waiver or extension of any statute of limitations for the
assessment, reassessment or collection of any Tax, and no power of attorney granted by ID with respect to any Taxes is currently in force,
other than powers of attorney entered into in connection with, and limited to, the preparation or filing of Tax Returns.

 

(iv) No
Tax audits, other administrative proceedings or court proceedings are presently pending or in progress with regard to any Taxes or Tax
Returns of ID or ID Member (with respect to the ownership, operation or management of ID).

 

(v) ID
has never been a member of any consolidated, combined or unitary group for federal, state, local or foreign Tax purposes (other than a
group the common parent of which is or was ID). ID has no liability for Taxes of any Person (other than ID) under Treasury Regulation
Section 1.1502-6 (or any corresponding provision of state, local or foreign Law), as transferee or successor, by Tax Sharing Agreement
or otherwise pursuant to Law.

 

(vi) ID
has been treated as an “S corporation” for U.S. federal income tax purposes since its formation.

 

(vii) ID
has (i) withheld all material Taxes required to be withheld from its employees, agents, contractors and nonresident members and remitted
such amounts to the proper agencies to the extent required by applicable Law; (ii) paid all required material employer payroll Taxes and
withholdings due and payable by ID; and (iii) filed all material Tax Returns with respect to employee income tax withholdings, Social
Security and unemployment taxes and premiums, and other payroll Taxes required to be filed by ID, all in compliance in all material respects
with applicable law.

 

(viii) ID
has never been a party to any Tax Sharing Agreement.

 

    13

     

    

 

(ix) ID
will not be required as a result of (i) a change in method of accounting made prior to the Closing or determination by a taxing authority
of ID’s use of an improper method of accounting for a taxable period ending on or prior to the Closing Date, (ii)  any “closing
agreement,” as described in Section 7121 of the Code, or any corresponding provision of state or local Law, with respect to
a taxable period ending on or prior to the Closing Date entered prior to the Closing, (iii) any installment sale or open transaction disposition
occurring during a taxable period ending on or prior to the Closing Date, (iv) the receipt of any prepaid revenue on or prior to
the Closing Date, (v) an election under Section 108(i) of the Code made prior to the Closing with respect to a taxable period
ending on or prior to the Closing Date, or (vi) any delay of payment of employment taxes under Section 2302 of the Coronavirus Aid, Relief,
and Economic Security Act (the “CARES Act”) made prior to the Closing, the advance refunding of credits under Section
3606 of the CARES Act made prior to the Closing (collectively, (i) through (vi), the “Tax Accrual Amounts”), to include
any material item of income or exclude any material item of deduction for any taxable period (or portion thereof) beginning after the
Closing that would not have otherwise so been included or excluded as the case may be.

 

(x) No
written claim has been made by a Taxing authority in a jurisdiction where ID does not file Tax Returns that ID is subject to taxation
by such jurisdiction.

 

(xi) In
the past five (5) years, ID has not distributed, or been distributed by, a corporation in a transaction that was intended to qualify under
Code Section 355.

 

(xii) ID
has not engaged in any transaction which is a “listed transaction” within the meaning of Income Tax Regulation Section 1.6011-4(b).

 

(xiii) Neither
ID nor any of its Affiliates has taken or agreed to take any action, nor does ID or ID Member have knowledge of any fact or circumstance
that could reasonably be expected to prevent the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the
Code. To ID’s Knowledge, there are no agreements, plans or other circumstances that would reasonably be expected to prevent the
Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code.

 

(xiv) Notwithstanding
anything to the contrary in this Agreement (i) the representations and warranties set forth in Section 2.9(r), this Section
2.15(b) and Sections 2.11 and 2.12 (solely as they relate to Taxes) are the only representations and warranties being made
by ID in this Agreement with respect to Taxes and (ii) ID is not making, and shall not be construed to have made, any representation or
warranty as to the amount or utilization of any net operating loss, tax credit, tax basis or other Tax attribute of ID after the Closing
Date. None of the representations in this Section 2.15(b) other than Sections 2.15(b)(v), Section 2.15(b)(viii),
Section 2.15(b)(ix) or Section 2.15(b)(xi) may be relied upon to claim indemnification for Taxes for any taxable period
(or portion thereof) beginning after the Closing Date.

 

2.16 Environmental
Matters.

 

(a) To
the Knowledge of ID, ID is in compliance, in all material respects, with all applicable Environmental Laws and Environmental Permits.

 

(b) ID
is not required to hold any Environmental Permits for the operation of its businesses.

 

(c) To
the Knowledge of ID, there is no Environmental Claim pending or overtly threatened in writing against ID nor is there any reasonable basis
for any such claim or any Liability, in each case, under any applicable Environmental Law. 

 

    14

     

    

 

2.17 Intellectual
Property.

 

(a) Section
2.17(a)(i) of the ID Disclosure Letter contains an accurate and complete list of all ID Intellectual Property Rights, specifying as
to each such Registered Intellectual Property Right, as applicable: (i) the jurisdictions by or in which such Registered Intellectual
Property Right has been issued or registered or in which an application for such issuance or registration has been filed; (ii) the registration
or application numbers thereof; and (iii) the date the Registered Intellectual Property Right was granted or such application was filed.
Section 2.17(a)(ii) contains an accurate and complete list of all ID Licensed Intellectual Property Rights, specifying as to each
such Licensed Intellectual Property Right, as applicable: (i) the name and address of the licensor; and (ii) a brief description of the
technology licensed. Section 2.17(a)(iii) of the ID Disclosure Letter contains an accurate and complete list of all ID Intellectual
Property Rights that are material to the business of ID, both owned and licensed. Section 2.17(a) of the ID Disclosure Letter contains
an accurate and complete list of all material Computer Software that is owned, licensed, leased or otherwise used in the business of ID,
excluding (x) commercially available “shrink-wrap” software, and (y) Computer Software that ID receives as “free software,”
“open source software” or under a similar licensing or distribution model. Section 2.17(a) of the ID Disclosure Letter
lists all material Computer Software and service offerings that have been licensed, sold, distributed or provided to third parties on
or after January 1, 2016 under which ID is obligated to provide maintenance or support (collectively, “ID Products”).
ID does not own or have any interest in any patents or patent applications.

 

(b) Section
2.17(b) of the ID Disclosure Letter lists all License Agreements and Contracts under which ID has granted any third-party rights that
are exclusive, or exclusive of all other third parties, to use, sublicense, resell or distribute any ID Intellectual Property Right. Section
2.17(b) of the ID Disclosure Letter lists any material License Agreements and Contracts under which (x) ID has deposited or is obligated
to deposit source code or other proprietary materials in escrow for the benefit of a third party, or (y) a third party is or under any
circumstances may be entitled to receive source code directly from ID or from escrow.

 

(c) ID
is not a party to any License Agreements, forbearances to sue, consents, judgments, orders or similar obligations, in each case, that
restrict the rights of ID to use or enforce any ID Intellectual Property Rights.

 

(d) Except
as listed in Section 2.17(d), ID owns all right, title, and interest, free and clear of all security interests and similar encumbrances,
in and to all ID Intellectual Property Rights. Except as listed in Section 2.17(d) of the ID Disclosure Letter, ID is listed in
the records of the appropriate United States, state or foreign agency as the sole owner for each ID Registered Intellectual Property Right.

 

(e) To
the Knowledge of ID, ID’s Licensed Intellectual Property Rights and ID Intellectual Property Rights together constitute all the
Intellectual Property Rights necessary to conduct the business of ID as currently conducted. To ID’s Knowledge, the conduct of the
business of ID as such business is currently conducted, including the design, development, marketing and sale of ID Products and services:
(i) does not infringe, misappropriate or otherwise violate the Intellectual Property Rights of any third party; and (ii) does not constitute
unfair competition or unfair trade practices under the Laws in the United States.

 

    15

     

    

 

(f) Except
as listed in Section 2.10 of the ID Disclosure Letter, ID has not received any written, or, to the Knowledge of ID, oral, communications
from any third party that claim that the operation of the business of ID, or any act of ID, or any ID Product or service, or the use of
any ID Product or service, infringes, misappropriates or otherwise violates the Intellectual Property Rights of any third party or constitutes
unfair competition or unfair trade practices under the Laws of any jurisdiction. ID has not received any written communication from a
third party pursuant to which the third party offered ID a license to use any technology or Intellectual Property Rights in order to avoid
a claim of infringement or misappropriation.

 

(g) ID
has not received written notice of, and there is no pending or, to the Knowledge of ID, threatened in writing, Legal Action by a third
party before any Governmental Entity in any jurisdiction challenging the ownership, use, validity, enforceability or registrability of
any ID Intellectual Property Rights. There is no pending or, to the Knowledge of ID, threatened in writing, Legal Action relating to the
business of ID before any Governmental Entity in any jurisdiction challenging the ownership, use, validity, enforceability, or registrability
of any of ID’s Licensed Intellectual Property Rights or the rights of ID to use or exploit any of ID’s Licensed Intellectual
Property Rights, in each case, other than as would not be reasonably expected to result in a ID Material Adverse Effect.

 

(h) Except
as listed in Section 2.10 of the ID Disclosure Letter, to the Knowledge of ID but without investigation by or for ID, no Person
has infringed, misappropriated, or otherwise violated, or is infringing, misappropriating, or otherwise violating, any ID Intellectual
Property Rights. ID has not brought any Legal Action against any third-party alleging infringement, misappropriation or violation of ID
Intellectual Property Rights that remain unresolved. ID has the sole and exclusive right to bring a Legal Action against a third party
for infringement or violation of ID Intellectual Property Rights.

 

(i) To
the Knowledge of ID, ID Intellectual Property Rights are subsisting, in full force and effect, have not been cancelled or abandoned, have
not expired (other than through passage of a patent’s “twenty year term”), and, with respect to ID Registered Intellectual
Property Rights only, are valid and enforceable. To the Knowledge of ID, neither ID nor any of its officers, employees or agents have
knowingly done, or failed to do, any act or thing which may, after the Effective Time, materially prejudice the validity or enforceability
of any ID Intellectual Property Rights. All necessary registration, maintenance and renewal fees in connection with any ID Registered
Intellectual Property Rights have been paid and all necessary documents, recordations and certificates in connection with such ID Registered
Intellectual Property Rights have been filed with the relevant patent, copyright, trademark or other authorities in the United States
or foreign jurisdictions, as the case may be, for the purposes of maintaining such ID Registered Intellectual Property Rights.

 

(j) ID
has made commercially reasonable efforts to protect its trade secrets and preserve their status as intellectual property under applicable
Law. ID’s practice is to require all employees, contractors and other parties having access to such trade secrets to execute a proprietary
information/confidentiality agreement with ID.

 

(k) Following
the Effective Time, the Surviving Company will be permitted upon its compliance with any notices or similar regulatory requirements to
exercise all of the rights of ID under such License Agreements or Contracts to the same extent ID would have been able to had the Contemplated
Transactions not occurred and without the payment of additional amounts or consideration other than ongoing fees, royalties or payments
which ID would otherwise be required to pay. The consummation of the Merger and the Contemplated Transactions will not: (i) result in
the breach, modification, cancellation, termination, or suspension of any of ID’s License Agreements or any Contract with any customer
of ID, or give any Person (other than ID) or a party to any of ID’s License Agreements or any Contract with any customer of ID the
right to do any of the foregoing; (ii) give rise to a right by any third party to obtain, directly from ID or from escrow, source code
for Computer Software or other proprietary materials of ID; (iii) result in the loss or impairment of ID’s ownership of or right
to use ID Intellectual Property Rights or Licensed Intellectual Property Rights; or (iv) cause the Surviving Company or any of its Affiliates
(x) to be bound by any non-compete or other restriction on the operation of any business or (y) to grant any rights or licenses to any
Intellectual Property Rights of the Surviving Company or any of its Affiliates to a third party (including, without limitation, a covenant
not to sue).

 

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(l) To
ID’s Knowledge, since December 31, 2018, ID has complied in all material respects with all applicable Laws and regulations
relating to privacy, data protection and the collection and use of personally identifiable information gathered or accessed in the course
of the operations of ID. ID has complied in all material respects with all rules, policies and procedures established by ID from time
to time with respect to the foregoing, if any. No claims are pending or, to ID’s Knowledge, threatened in writing or likely to be
asserted, against ID by any Person alleging a violation of such Person’s privacy, personal or confidentiality rights under any such
Laws, regulations, rules, policies or procedures. To ID’s Knowledge, the consummation of the Merger and the Contemplated Transactions
will not breach or otherwise cause any violation of any such Laws, regulations, rules, policies or procedures.

 

(m) With
respect to sensitive personally identifiable information, to ID’s Knowledge, ID has taken all commercially reasonable steps (including,
without limitation, implementing and monitoring compliance with adequate measures with respect to technical and physical security) to
ensure that the information is protected against loss and against unauthorized access, use, modification, disclosure or other misuse.
To the Knowledge of ID, there has been no unauthorized access to or other misuse of that information.

 

2.18 Material
Agreements. Section 2.18 of the ID Disclosure Letter sets forth a list of all ID Material Agreements. All of the ID Material
Agreements are in full force and effect and constitute the valid, legal and binding obligation of ID and, to the Knowledge of ID, constitute
the valid, legal and binding obligation of the other parties thereof, enforceable against each such Person in accordance with its terms,
subject to: (i) the effect of bankruptcy, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting
the enforcement of creditor’s rights generally; and (ii) general equitable principles (whether considered in a proceeding in equity
or at law). There are no material breaches or defaults by ID under any of the ID Material Agreements or, to the Knowledge of ID, events
which with notice or the passage of time would constitute a material breach or default by ID, and, to the Knowledge of ID, there is no
material breach or default from any other party under any of the ID Material Agreements. ID has made available to CHC true and complete
copies of all ID Material Agreements, including all amendments thereto. All consents and approvals required under the ID Material Agreements
in order for the Transactions to be consummated without a breach or default occurring under the ID Material Agreements have been obtained
and are in full force and effect as of the Agreement Date.

 

2.19 Customers
and Suppliers. ID has delivered or made available to CHC a list identifying each customer of ID from which, for the twelve (12) month
period ended December 31, 2020, ID received revenue in excess of $100,000 for such period (collectively, “ID Major
Customers”). Section 2.19 of the ID Disclosure Letter sets forth the names of the ten (10) largest suppliers (by expenditure)
to ID for the twelve (12) month period ended December 31, 2020. Within the preceding twelve (12) months, ID has not received written
or, to the Knowledge of ID, oral, notice that any ID Major Customer or supplier listed in Section 2.19 of the ID Disclosure Letter
has: (i) threatened in writing to cancel, suspend or otherwise terminate, or intends to cancel, suspend or otherwise terminate, any relationships
of such Person with ID; (ii) decreased materially or threatened in writing to stop, decrease or limit materially, or intends to modify
materially its relationships with ID; or (iii) intends to refuse to pay any amount due to ID or seek to exercise any remedy against ID.
ID has not, within the past twelve (12) months, been engaged in any material dispute with any ID Major Customer or supplier listed in
Section 2.19 of the ID Disclosure Letter. ID is in compliance in all material respects with the insurance requirements set
forth in its agreements with each of its customers.

 

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2.20 Agreements
with Regulatory Agencies. ID is not (a) subject to any cease-and-desist or other Order issued by, (b) a party to any Contract, consent
agreement or memorandum of understanding with, (c) a party to any commitment letter or similar undertaking to, (d) subject to any order
or directive by, (e) a recipient of any extraordinary supervisory letter from, and (f) has not adopted any board resolutions at the request
of  (each of clauses (a)-(e) of this Section 2.20, a “Regulatory Agreement”), any Governmental Entity
that restricts the conduct of its business or that in any manner relates to its management or its business, or would reasonably be expected,
following the Merger and the consummation of the Contemplated Transactions, to impair in any material respect the Surviving Company’s
ability to conduct the business of ID after the Effective Time, as presently conducted. ID has not been informed in writing by any Governmental
Entity that such Governmental Entity is considering issuing or requesting any Regulatory Agreement, except for any such proposed Regulatory
Agreements that, individually or in the aggregate, would not have or reasonably be expected to result in a ID Material Adverse Effect.

 

2.21 Related
Party Transactions. Other than as disclosed in Section 2.21 of the ID Disclosure Letter, no Related Party is a party to any
Contract with or binding upon ID or any of its assets, rights or properties or has any interest in any property owned by ID or has engaged
in any transaction with any of the foregoing within the last twelve (12) months or during the calendar year 2020.

 

2.22 Accounts
Receivable. The accounts receivable of ID outstanding at the Effective Time represent or will represent valid, bona fide claims against
debtors for sales or other charges arising from sales actually made or services actually performed by ID in the Ordinary Course of Business
and in conformity in all material respects with the applicable purchase orders, agreements and specifications, and such accounts receivable
are not, to the Knowledge of ID, subject to any material defenses, set-offs or counterclaims. ID has performed in all material respects
all obligations with respect to such accounts receivable which it was obligated to perform. ID will bill all unbilled receivables in the
Ordinary Course of Business consistent with past practice.

 

2.23 Deferred
Revenue. The deferred revenue balance of ID represents or will represent valid, bona fide obligations of ID to perform services in
the Ordinary Course of Business consistent with past practices and the amount of cash payable to ID under such Contracts (including amounts
that will have been paid as of the Effective Time) has not been modified or accelerated in any material respects from the payment obligations
of the agreement when initially executed and delivered. To the Knowledge of ID, the obligations of ID under the Contracts underlying the
deferred revenue amounts of ID were incurred in the Ordinary Course of Business consistent with past practices.

 

2.24 Insurance.
All casualty, general liability, business interruption, product liability, director and officer liability, worker’s compensation,
environmental, automobile and sprinkler and water damage and other insurance policies and bond and surety arrangements maintained by ID
are listed in Section 2.24 of the ID Disclosure Letter (the “ID Insurance Policies”) and true and complete copies
of the ID Insurance Policies have been made available to CHC. ID has not received any written notice of cancellation or premium increase
with respect to or alteration of coverage under any ID Insurance Policy with respect to such ID Insurance Policies other than such that
are consistent with insurance policy premium increases and coverages, generally. There are no claims related to the business of ID pending
under any ID Insurance Policy as to which coverage has been questioned, denied or disputed or in respect of which there is an outstanding
reservation of rights.

 

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2.25 Manager/ID
Member Approval. The Manager of ID has unanimously (i) determined that the Merger is fair to and in the best interests of the member
of ID and (ii) approved this Agreement and the Contemplated Transactions (collectively, the “ID Approval”).

 

2.26 Member
Approval. The ID Member, as the sole holder of all of the ID Units (the “ID Members’ Approval”) has (i) approved
this Agreement and the Contemplated Transactions; and (ii) determined that the Merger is fair to and in the best interests of the member
of ID.

 

2.27Brokers.
ID has not incurred, nor will it incur, directly or indirectly, any Liability for brokerage or finder’s fees or agent’s
commissions or any similar charges in connection with this Agreement or any transaction contemplated hereby.

 

2.29 Own
Account. ID Member acknowledges that CHC Shares are being acquired solely for the ID Member’s own account and not as a nominee
for any other party, for investment, not with a view toward distribution or resale, and ID Member agrees that he will not offer, sell,
or otherwise dispose of CHC Shares except under circumstances that will not result in a violation of the Securities Act or any state or
foreign securities laws.

 

2.30 Securities
Laws. ID Member understands and acknowledges that the CHC Shares to be issued to ID Member hereunder are not registered under the
Securities Act of 1933 or qualified under applicable state securities laws on the ground that the issuance contemplated will be exempt
from the registration and qualification requirements thereof, and that CHC’s reliance on such exemption is predicated on ID Member’s
representations set forth herein. CHC Shares shall bear a restricted legend that such shares are subject to this Agreement, have not been
registered, and are restricted securities as defined in Rule 144 under the Securities Act, in addition to any other legend required under
applicable securities laws

 

ARTICLE
III

REPRESENTATIONS AND WARRANTIES OF CHC

 

CHC hereby represents and
warrants to ID, subject to such exceptions as may be noted below or as disclosed in CHC SEC Documents, as set forth below in this ARTICLE
III.

 

3.1 Organization
and Qualification; Subsidiary.

 

(a) Duly
Organized. CHC is a corporation duly organized, validly existing and in good standing under the Laws of the State of Nevada and has
the requisite corporate or company power and authority to own, lease and operate its assets and properties and to carry on its business
as it is now being conducted.

 

(b) No
Prior Merger Sub Operations. The Merger Sub was formed solely for the purpose of effecting the Merger and has not engaged in any business
activities or conducted any operations other than in connection with the Merger. CHC is the only member of Merger Sub.

 

3.2 Authority
Relative to this Agreement. Each of CHC and Merger Sub has all necessary corporate or organizational power and authority to execute
and deliver this Agreement and all other Transaction Documents to which it is a party (the “CHC Transaction Documents”)
and to perform its obligations hereunder and thereunder and, to consummate the Contemplated Transactions. The execution and delivery of
this Agreement and the CHC Transaction Documents by CHC and Merger Sub, and the consummation by CHC and Merger Sub of the Contemplated
Transactions, have been duly and validly authorized by all necessary corporate or organizational action on the part of CHC and Merger
Sub, and no other corporate or organizational proceedings on the part of CHC or Merger Sub are necessary to authorize this Agreement and
the CHC Transaction Documents or to consummate the transactions so contemplated. This Agreement and the CHC Transaction Documents have
been duly and validly executed and delivered by CHC and Merger Sub and, assuming the due authorization, execution and delivery by the
other parties thereto, constitute the legal and binding obligation of CHC and Merger Sub, enforceable against CHC and Merger Sub in accordance
with their respective terms, subject to: (i) the effect of bankruptcy, fraudulent conveyance, reorganization, moratorium and other similar
laws relating to or affecting the enforcement of creditor’s rights generally; and (ii) general equitable principles (whether considered
in a proceeding in equity or at law).

 

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3.3 Valid
Issuance of Shares & Registration. The CHC Stock and the shares underlying the CHC Convertible Note, when issued and delivered
in accordance with the terms set forth in this Agreement, will be validly issued, fully paid and nonassessable and free of restrictions
on transfer other than restrictions on transfer under applicable state and federal securities laws. Assuming the accuracy of the representations
and warranties of ID herein, the CHC Common Stock and the shares underlying the CHC Convertible Note will be issued in compliance with
a valid private placement exemption under all applicable federal and state securities laws.

 

3.4 No
Conflict; Required Filings and Consents.

 

(a) The
execution and delivery of this Agreement and the CHC Transaction Documents by each of CHC and Merger Sub do not, and the performance of
this Agreement and the Transaction Documents by each of CHC and Merger Sub will not: (i) conflict with or violate the organizational documents
of CHC or Merger Sub, as the case may be; (ii) conflict with or violate any Law applicable to CHC or Merger Sub; or (iii) result in any
breach of or constitute a default (or an event that with notice or lapse of time or both would become a default) under, or give to others
any rights of termination, amendment, acceleration or cancellation of, or result in the creation of a Lien on any of the properties or
assets of CHC pursuant to, any material Contract.

 

(b) The
execution and delivery of this Agreement and the CHC Transaction Documents by CHC and Merger Sub do not, and the performance of this Agreement
and the CHC Transaction Documents by CHC and Merger Sub will not, require any consent, approval, authorization or permit of, or registration,
filing with or notification to, any Governmental Entity, except for: (i) applicable requirements, if any, of the Securities Act, the Exchange
Act, Blue Sky Laws and the Nasdaq Markets; (ii) the filing and recordation of the Articles of Merger as required by the CCC, as applicable;
and (iii) such consents, approvals, authorizations, permits, registrations, filings or notifications which, if not obtained or made, would
not have a CHC Material Adverse Effect.

 

3.5 Restrictions
on Business Activities. There is no agreement, commitment, judgment, injunction, order or decree binding upon CHC or to which CHC
is a party which has or would reasonably be expected to have the effect, in any material respect, of prohibiting or impairing any present
business practice of any member of CHC, any acquisition of property by CHC or the conduct of business by CHC or its Affiliates as currently
conducted.

 

3.6 Agreements
with Regulatory Agencies. CHC is not subject to a Regulatory Agreement issued by or with any Governmental Entity that restricts the
conduct of its business or that in any manner relates to its management or its business, or would reasonably be expected, following the
Merger and the consummation of the Contemplated Transactions, to impair in any material respect CHC’s ability to conduct the business
of CHC after the Effective Time, as presently conducted. CHC has not been informed in writing by any Governmental Entity that such Governmental
Entity is considering issuing or requesting any Regulatory Agreement.

 

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3.7 SEC
Filings; Financial Statements; Undisclosed Liabilities.

 

(a)SEC Filings.
(a)As of the date hereof, CHC has filed all reports, schedules, forms, statements and other documents required to be filed by it with
the SEC pursuant to the reporting requirements of the 1934 Act since January 1, 2018 (the “CHC SEC Documents”). True,
correct, and complete copies of all the CHC SEC Documents are publicly available on EDGAR. As of their respective filing dates, the CHC
SEC Documents complied in all material respects with the requirements of the 1934 Act and the rules and regulations of the SEC promulgated
thereunder applicable to the SEC Documents, and none of the CHC SEC Documents, at the time they were filed with the SEC, contained any
untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading. To the Knowledge of CHC, none of the CHC SEC Documents
is the subject of ongoing SEC review or outstanding SEC investigation and there are no outstanding or unresolved comments received from
the SEC with respect to any of the CHC SEC Documents. None of Parent’s Subsidiaries is required to file or furnish any forms, reports,
or other documents with the SEC.

 

(b) Financial
Statements. To the Knowledge of CHC, as of their respective dates, the financial statements of CHC included in the CHC SEC Documents
complied as to form in all material respects with applicable accounting requirements and the published rules and regulations of the SEC
with respect thereto. Such financial statements have been prepared in accordance with generally accepted accounting principles, and audited
by a firm that is a member a member of the Public Companies Accounting Oversight Board consistently applied, during the periods involved
(except as may be otherwise indicated in such financial statements or the notes thereto, or, in the case of unaudited interim statements,
to the extent they may exclude footnotes or may be condensed or summary statements) and fairly present in all material respects the consolidated
financial position of CHC as of the dates thereof and the consolidated results of its operations and consolidated cash flows for the periods
then ended (subject, in the case of unaudited statements, to normal year-end audit adjustments).

 

(c) Undisclosed
Liabilities. The most recent audited balance sheet of CHC contained in the CHC SEC Documents filed prior to the date hereof is hereinafter
referred to as the “CHC Balance Sheet.” To the Knowledge of CHC, neither CHC nor any of its Subsidiaries has any Liabilities
other than Liabilities that: (i) are reflected or reserved against in the CHC Balance Sheet (including in the notes thereto); (ii) were
incurred since the date of the CHC Balance Sheet in the ordinary course of business consistent with past practice; (iii) are incurred
in connection with the transactions contemplated by this Agreement; or (iv) would not reasonably be expected to have, individually or
in the aggregate, a CHC Material Adverse Effect.

 

(d) Nasdaq
Compliance. CHC is in compliance in all material respects with all of the applicable listing and corporate governance rules of Nasdaq.

 

3.8 No
Orders or Investigations. None of CHC or any of its Subsidiaries or any of their respective properties or assets is subject to any
Order of a Governmental Entity or arbitrator, whether temporary, preliminary, or permanent, which would reasonably be expected to have,
individually or in the aggregate, a CHC Material Adverse Effect. To the Knowledge of CHC, there are no SEC inquiries or investigations,
other governmental inquiries or investigations, or internal investigations pending or, to the Knowledge of CHC, threatened in writing,
in each case regarding any accounting practices of CHC or any of its Subsidiaries or any malfeasance by any officer or director of CHC.

 

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3.9 Information
Supplied. To the Knowledge of CHC or the Chief Financial Officer of CHC, none of the information supplied or intended to be supplied
by or on behalf of CHC or Merger Sub for inclusion or incorporation by reference in the Resale S-1 will, at the time the Resale S-1 is
filed with the SEC, and at any time it is amended or supplemented or at the time it (or any post-effective amendment or supplement) becomes
effective under the Securities Act, contain any untrue statement of a material fact or omit to state any material fact required to be
stated therein or necessary to make the statements therein not misleading. Notwithstanding the foregoing, no representation or warranty
is made by CHC or Merger Sub with respect to statements made or incorporated by reference therein based on information that was not supplied
by or on behalf of CHC or Merger Sub.

 

3.10 Board
Approval. The CHC Board has unanimously approved this Agreement and the Contemplated Transactions. The Manager of Merger Sub has unanimously
approved this Agreement and the Contemplated Transactions.

 

3.11 Brokers.
CHC has not incurred, nor will it incur, directly or indirectly, any Liability for brokerage or finder’s fees or agent’s commissions
or any similar charges in connection with this Agreement or any transaction contemplated hereby.

 

3.12 Taxes. 

 

(a) Merger
Sub is an entity newly formed for the purpose of participating in the Reorganization and is wholly owned by CHC, which is in “control”
of Merger Sub within the meaning of Section 368(c) of the Code.

 

(b) Since
the date of its formation, Merger Sub has been properly treated as an entity that is disregarded as separate from CHC for U.S. federal
income Tax purposes and Merger Sub will be so treated up to and including immediately prior to the effective time of the Merger.

 

(c) None
of CHC and its Subsidiaries or any of their Affiliates has taken or agreed to take any action, nor do CHC and its Subsidiaries have knowledge
of any fact or circumstance that could reasonably be expected to prevent the Merger from qualifying as a reorganization within the meaning
of Section 368(a) of the Code. To CHC’s Knowledge, there are no agreements, plans or other circumstances that would reasonably be
expected to prevent the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code.

 

ARTICLE
IV

PRE-CLOSING COVENANTS

 

4.1 Covenants
of ID and CHC. At all times from and after the date hereof until the Effective Time, ID covenants and agrees that (except as necessary
to effectuate the Merger and otherwise as expressly contemplated or permitted by this Agreement, or to the extent that the other party
shall otherwise previously consent in writing, which such consent shall not be unreasonably withheld, conditioned or delayed):

 

(a) Ordinary
Course. 

 

(i) ID
shall conduct its businesses only in, and shall not take any action except in, the ordinary course consistent with past practice.

 

(ii) CHC
and its subsidiaries shall conduct their respective businesses only in, and none of CHC and its subsidiaries shall take any action except
in, the ordinary course consistent with past practice.

 

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(b) ID
Negative Covenants. Without limiting the generality of Section 4.1(a): (i) ID shall use all commercially reasonable
efforts to preserve intact in all material respects its respective present business organizations and reputation, to keep available the
services of its key officers and employees, to maintain its assets and properties in good working order and condition, ordinary wear and
tear excepted, to maintain insurance on their tangible personal property and businesses in such amounts and against such risks and losses
as are currently in effect, to preserve its relationships with customers and suppliers and others having significant business dealings
with it and to comply in all material respects with all Laws and Orders of all Governmental Entities; and (ii) except as necessary to
effectuate the Merger or as contemplated by this Agreement, ID shall not, except as otherwise expressly provided for in this Agreement:

 

(i) amend
or propose to amend their organizational documents other than as contemplated in connection with this Agreement;

 

(ii) (w)
declare, set aside or pay any dividends on or make other distributions in respect of any of its membership interests or capital stock
(other than distributions to the ID Member in respect of its tax liabilities), (x) split, combine, reclassify or take similar action with
respect to any of its membership interests or capital stock or issue or authorize or propose the issuance of any other securities in respect
of, in lieu of or in substitution for its membership interests or shares of its capital stock, (y) adopt a plan of complete or partial
liquidation or resolutions providing for or authorizing such liquidation or a dissolution, merger, consolidation, restructuring, recapitalization
or other reorganization or (z) directly or indirectly redeem, repurchase or otherwise acquire any membership interests or shares of its
capital stock or any options with respect thereto;

 

(iii) issue,
deliver or sell, or authorize or propose the issuance, delivery or sale of, any membership interests of shares of its capital stock or
any options or other equity incentives with respect thereto (other than issuances pursuant to options or warrants outstanding on the date
hereof and in accordance with their present terms);

 

(iv) acquire
(by merging or consolidating with, or by purchasing a substantial equity interest in or a substantial portion of the assets of, or by
any other manner) any business or any other Person or otherwise acquire or agree to acquire any material assets;

 

(v) other
than in the ordinary course of business consistent with past practice and of assets which are not, individually or in the aggregate, material
to their business, sell, lease, transfer, license, pledge, grant any security interest in or otherwise dispose of or encumber any of its
material assets or properties;

 

(vi) except
to the extent required by applicable Law, GAAP or Contracts existing on the date hereof, permit any material change in (A) any pricing,
marketing, purchasing, investment, accounting, financial reporting, inventory, credit, allowance or Tax reporting practice or policy or
(B) any method of calculating any bad debt, contingency or other reserve for accounting, financial reporting or Tax purposes;

 

(vii) except
to the extent required by applicable Law or Contracts existing on the date hereof, make any material Tax election or settle or compromise
any material Tax Liability with any Governmental Entity;

 

(viii) (x)
incur any indebtedness for borrowed money, or guarantee any such indebtedness, in excess of $25,000 in the aggregate, or (y) voluntarily
purchase, cancel, prepay or otherwise provide for a complete or partial discharge in advance of a scheduled repayment date with respect
to, or waive any right under, any indebtedness for borrowed money; provided that ID may prepay or defease any indebtedness for borrowed
money if such may be done without the payment of any additional fee (other than amounts owed under the terms of such indebtedness); provided
that the foregoing shall not apply to any Payroll Protection Program loan or other Small Business Administration loan;

 

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(ix) enter
into, adopt, amend in any material respect (except as may be required by applicable Law) or terminate any employee or similar benefit
plan, or increase in any manner the compensation or fringe benefits of any director, officer or employee, except for annual salary increases
in the ordinary course of business consistent with past practices;

 

(x) enter
into any Material Agreement or amend, modify, or otherwise terminate, any existing ID Material Agreement, as applicable, in each case,
other than in the ordinary course of business and consistent with past practices;

 

(xi) make
any capital expenditures or commitments for additions to property or equipment constituting capital assets in an aggregate amount exceeding
$25,000;

 

(xii) make
any material change in the lines of business in which it participates or is engaged;

 

(xiii) institute,
settle or compromise any Legal Actions pending or threatened in writing before any arbitrator, court or other Governmental Entity involving
the payment of monetary damages of any amount exceeding $25,000 in the aggregate; provided that neither ID nor its subsidiaries,
if any, shall settle or agree to settle any Legal Action which settlement involves a conduct remedy or injunctive or similar relief or
has a restrictive impact on their respective business; or

 

(xiv) enter
into any Contract, commitment or arrangement to do or engage in any of the foregoing (other than those Contracts, commitments and arrangements
pending as of the date hereof). 

 

4.2 Advice
of Changes. Each of CHC and ID shall promptly advise the other, orally and in writing, of any change or event, including,
without limitation, any complaint, investigation or hearing by any Governmental Entity (or communication indicating the same may be contemplated)
or the institution or threat of Legal Action, having, or which, insofar as can be reasonably foreseen, could have, an ID Material Adverse
Effect or a CHC Material Adverse Effect, as applicable; provided that no Party shall be required to make any disclosure to the
extent such disclosure would constitute a violation of any applicable Law. No notice given pursuant to this Section 4.2 shall have
any effect on the representations, warranties, covenants or agreements contained in this Agreement for purposes of determining satisfaction
of any condition contained herein.

 

4.3 Notice
and Cure. Each of CHC and ID will notify the other of, and will use all commercially reasonable efforts to cure before
the Closing, any event, transaction or circumstance, as soon as practical after it becomes known to such party, that causes or will cause
any covenant or agreement of such party under this Agreement to be breached in any material respect or that renders or will render untrue
any representation or warranty of such party contained in this Agreement in any material respect. Each of CHC and ID also will notify
the other in writing of, and will use all commercially reasonable efforts to cure, before the Closing, any material violation or breach,
as soon as practical after it becomes known to such party, of any representation, warranty, covenant or agreement made by such party.
No notice given pursuant to this paragraph shall have any effect on the representations, warranties, covenants or agreements contained
in this Agreement for purposes of determining satisfaction of any condition contained herein; provided that the applicable Disclosure
Letter of a Party may, with the written consent of the other Party, be updated to account for such change.

 

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4.4 Fulfillment
of Conditions. Subject to the terms and conditions of this Agreement, each of CHC and ID will take or cause to be taken
all commercially reasonable steps necessary or desirable and proceed diligently and in good faith to satisfy each condition to the other’s
obligations contained in this Agreement and to consummate and make effective the transactions contemplated hereby, and neither CHC nor
ID will, nor will it permit any of its subsidiaries to, take or fail to take any action that would be reasonably expected to result in
the nonfulfillment of any such condition.

 

ARTICLE
V

CONDITIONS

 

5.1 Conditions
to Each Party’s Obligation to Effect the Merger.  The respective obligation of each party to effect the Merger is subject
to the fulfillment, at or prior to the Closing, of each of the following conditions:

 

(a) Stockholder
and Member Approval. 

 

(i) ID
Members’ Approval shall have been obtained.

 

(ii) Merger
Sub’s member approval shall have been obtained.

 

(b) Injunctions
or Restraints. No court of competent jurisdiction or other competent Governmental Entity shall have enacted, issued,
promulgated, enforced or entered any Law or Order (whether temporary, preliminary or permanent) which is then in effect and has the effect
of making illegal or otherwise restricting, preventing or prohibiting consummation of the Merger or the other transactions hereby and
no such Law or Order shall be pending.

 

5.2 Conditions
to Obligation of CHC to Effect the Merger.  The obligation of CHC to effect the Merger is further subject to the fulfillment,
at or prior to the Closing, of each of the following additional conditions (all or any of which may be waived in whole or in part by CHC
in its sole discretion):

 

(a) Representations
and Warranties.  The representations and warranties made by ID in this Agreement shall be true and correct in all material respects
(except that where any statement in a representation or warranty expressly includes a standard of materiality, such statement shall be
true and correct in all respects) when made and as of the Closing Date as though made on and as of the Closing Date or, in the case of
representations and warranties made as of a specified date earlier than the Closing Date, on and as of such earlier date only. ID shall
have delivered to CHC a certificate, dated the Closing Date and executed in the name and on behalf of ID by its Chief Executive Officer,
to such effect.

 

(b) Performance
of Obligations.  ID shall have performed and complied with, in all material respects, each agreement, covenant and obligation
required by this Agreement and all other Transaction Documents to which it is a party to be so performed or complied with by ID at or
prior to the Closing, and ID shall have delivered to CHC a certificate, dated the Closing Date and executed in the name and on behalf
of ID by its Chief Executive Officer or equivalent, to such effect.

 

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(c) Governmental
and Regulatory and Other Consents and ID Approvals. Other than the filing of the Articles of Merger and the receipt
of the ID Members’ Approval, all consents, approvals and actions of, filings with and notices to any Governmental Entity or any
other public or private third parties required of CHC, ID or any of their respective subsidiaries to consummate the Merger and the transactions
contemplated hereby, including those set forth in Section 2.5 of the ID Disclosure Letter shall have been made or obtained, all
in form and substance reasonably satisfactory to CHC and CHC shall be able to issue the shares of CHC Common Stock in the Merger pursuant
to an exemption from the registration requirements under the Securities Act under Regulation D promulgated thereunder.

 

(d) Proceedings. All
proceedings to be taken on the part of ID in connection with the transactions contemplated hereby and all documents incident thereto shall
be reasonably satisfactory in form and substance to CHC, and CHC shall have received copies of all such documents and other evidences
as CHC may reasonably request in order to establish the consummation of such transactions and the taking of all proceedings in connection
therewith.

 

(e) ID
Material Adverse Effect. Since the date hereof, there shall not have been any ID Material Adverse Effect or any event,
change or effect that would, individually or in the aggregate, reasonably be expected to have an ID Material Adverse Effect.

 

(f) Non-Solicitation
Non-Competition. The Non-Solicitation and Non-Compete Agreement is the form attached hereto as Exhibit C has been executed by ID Member.

 

5.3 Conditions
to Obligation of ID to Effect the Merger.  The obligation of ID to effect the Merger is further subject to the fulfillment, at
or prior to the Closing, of each of the following additional conditions (all or any of which may be waived in whole or in part by ID in
its sole discretion):

 

(a) Representations
and Warranties. The representations and warranties made by CHC in this Agreement shall be true and correct in all material
respects (except that where any statement in a representation or warranty expressly includes a standard of materiality, such statement
shall be true and correct in all respects) when made and as of the Closing Date as though made on and as of the Closing Date or, in the
case of representations and warranties made as of a specified date earlier than the Closing Date, on and as of such earlier date only.

 

(b) Performance
of Obligations. CHC shall have performed and complied with, in all material respects, each agreement, covenant and obligation
required by this Agreement and all other Transaction Documents to which it is a party to be so performed or complied with by CHC at or
prior to the Closing.

 

(c) Governmental
and Regulatory and Other Consents and CHC Approvals. Other than the filing of the Articles of Merger, all consents, approvals
and actions of, filings with and notices to any Governmental Entity or any other public or private third parties required of ID, CHC or
any of their respective subsidiaries to consummate the Merger and the transactions contemplated hereby, shall have been made or obtained,
all in form and substance reasonably satisfactory to ID.

 

(d) Proceedings. All
proceedings to be taken on the part of CHC in connection with the transactions contemplated hereby and all documents incident thereto
shall be reasonably satisfactory in form and substance to ID, and ID shall have received copies of all such documents and other evidences
as ID may reasonably request in order to establish the consummation of such transactions and the taking of all proceedings in connection
therewith.

 

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(e) CHC
Material Adverse Effect. Since the date hereof, there shall not have been any CHC Material Adverse Effect or any event,
change or effect that would, individually or in the aggregate, reasonably be expected to have a CHC Material Adverse Effect.

 

(f) Employment
Agreement. The Employment Agreement is the form attached hereto as Exhibit D has been executed by CHC.

 

(g) Funding.
CHC will have paid to ID Member the CHC Cash Consideration pursuant to Section 1.7(a)(ii), and shall have delivered to ID Member
the CHC Stock and the CHC Convertible Note pursuant to Section 1.7(a)(i) and Section 1.7(a)(iii), respectively.

 

ARTICLE
VI

TERMINATION

 

6.1 Termination. 
This Agreement may be terminated, and the transactions contemplated hereby may be abandoned, at any time prior to the Effective Time:

 

(a) Mutual
Consent.  By mutual written agreement of each of (x) CHC and (y) ID duly authorized by action taken by or on behalf of their
respective Boards of Directors;

 

(b) Expiration
of Time.  By either ID or CHC upon notification to the non-terminating party by the terminating party:

 

(i) at
any time after May 31, 2021, if the Merger shall not have been consummated on or prior to such date and such failure to consummate the
Merger is not caused by a breach of this Agreement by the terminating party;

 

(ii) if
there has been a material breach of any representation, warranty, covenant or agreement on the part of the non-terminating party set forth
in this Agreement, which breach is not curable or, if curable, has not been cured within five (5) days following receipt by the non-terminating
party of notice of such breach from the terminating party; or

 

(iii) if
any court of competent jurisdiction or other competent Governmental Entity shall have issued an Order or Law making illegal or otherwise
restricting, preventing or prohibiting the Merger and such Order or Law shall have become final and non-appealable.

 

6.2 Effect
of Termination.  If this Agreement is validly terminated by either ID or CHC pursuant to Section 6.1, this Agreement will
forthwith become null and void and there will be no Liability or obligation on the part of either ID or CHC (or any of their respective
Representatives or Affiliates), except: (i) this Section 6.2 and ARTICLE X, and, in each case, the provisions of this Agreement
that interpret or relate to such provisions will continue to apply following any such termination; and (ii) that nothing contained herein
shall relieve any Party from Liability for willful breach of its representations, warranties, covenants or agreements contained in this
Agreement, provided that no party’s liability under this Section 6.2 shall not exceed $50,000.

 

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ARTICLE
VII

INDEMNIFICATION; EQUITABLE RELIEF

 

7.1 Survival.

 

(a) Except
in the case of fraud, the representations and warranties of the ID, CHC and Merger Sub, as applicable, contained in ARTICLE II and ARTICLE
III of this Agreement and the covenants and agreements of the ID Member, ID, CHC and Merger Sub, as applicable, contained in this Agreement
will each survive the Closing Date but only to the following extent: (i) all covenants and agreements will survive the Closing Date
in accordance with their respective terms, including but not limited to, Sections 8.3, 8.4 and 8.5; (ii) except as provided
in clause (iii) below, the representations and warranties contained in ARTICLE II and ARTICLE III of this Agreement shall survive the
Closing Date until the date that is 180 days following the Closing Date (the “Basic Indemnification Period”); and (iii)
the representations and warranties set forth in Section 2.1, Section 2.2, Section 2.3, Section 2.4, Section
2.15, Section 3.1, Section 3.2, Section 3.3, Section 3.4 and Section 3.12 shall survive the Closing
Date through the expiration of the statute of limitations applicable to the subject matter thereof (the “Fundamental Representations”).

 

(b) All
claims for indemnification must be asserted on or prior to the date of the termination of the respective survival periods set forth in
Section 7.1(a) except such claims may be pursued thereafter if written notice thereof in accordance with the terms hereof was duly
given within such period. If any claim has been asserted in accordance with the terms hereof prior to the expiration of the applicable
survival period, such claim, if unresolved as of such expiration date, shall not be extinguished as barred by the expiration of the relevant
representation and warranty and such claims shall survive until finally resolved by a settlement agreement executed by the applicable
parties or by binding arbitration in accordance with this ARTICLE VII. Any claim for indemnification not made by CHC or the ID Member,
as applicable, on or prior to the date of expiration of the applicable survival period will be irrevocably and unconditionally released
and waived.

 

7.2 General
Indemnification Obligations.

 

(a) Subject
to the terms, conditions and limitations set forth in this ARTICLE VII, from and after the Closing, the ID Member shall, indemnify and
hold harmless CHC, the Surviving Company and their respective successors and permitted assigns, and the officers, employees, directors,
managers, members, Affiliates, partners and stockholders of CHC (collectively, the “CHC Indemnitees”) from and against
any and all losses, liabilities, claims, damages, penalties, fines, judgments, awards, settlements, Taxes, costs, fees (including reasonable
investigation fees), expenses (including reasonable attorneys’ fees) and disbursements (collectively, “Losses”)
actually incurred by any of the CHC Indemnitees following the Closing Date based upon or arising from (i) any breach of or inaccuracy
in the representations and warranties of ID contained in ARTICLE II of this Agreement or in a certificate delivered by or on behalf of
ID pursuant to this Agreement, (ii) any breach of the covenants or agreements of ID or the ID Member contained in this Agreement
and (iii) any Retained Tax Liabilities.

 

(b) Subject
to the terms, conditions and limitations set forth in this ARTICLE VII, from and after the Closing, each of CHC and the Surviving Company,
jointly and severally, shall indemnify and hold harmless the ID Member, and his respective successors and permitted assigns, and heirs
and personal representatives (the “ID Indemnitees”) from and against any and all Losses actually incurred by any of
ID Indemnitees following the Closing Date based upon or arising from (i) any breach of or inaccuracy in the representations and warranties
of CHC or Merger Sub contained in ARTICLE III or in a certificate delivered pursuant to this Agreement, and (ii) any breach of the
covenants or agreements of CHC or Merger Sub contained in this Agreement.

 

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7.3 Exclusive
Remedy. The Parties agree that, from and after the Closing, the sole and exclusive remedy of the Parties for any Losses based upon,
arising out of or otherwise in respect of the matters set forth in this Agreement (including representations, warranties, covenants and
agreements) and the transactions contemplated hereby, whether based in contract or tort, other than claims for fraud on the part of a
Party in connection with the Merger or the other Contemplated Transactions, are (x) the indemnification provided in this ARTICLE VII and
Sections 8.3(c) and 8.4(b), and (y) equitable remedies (including, but not limited to, specific performance).

 

7.4 Limitations
on Liability and Indemnification Payments. Notwithstanding anything in this Agreement or otherwise to the contrary (except as contemplated
by the last sentence of Section 7.3), the right of an Indemnitee to indemnification is limited as follows:

 

(a) The
CHC Indemnitees and ID Indemnitees, respectively, will be entitled to indemnification pursuant to Section 7.2(a)(i) or Section
7.2(a)(i) on account of any Losses (other than Losses arising out of a breach of or inaccuracy in a Fundamental Representation, which
shall not be subject to this clause) solely to the extent (but only to the extent) that the aggregate amount of all Losses actually incurred
by such Indemnitees exceeds $50,000 (the “Threshold”), in which event the CHC Indemnitees or ID Indemnitees, as applicable,
will be entitled to indemnification for all such Losses solely to the extent exceeding the Threshold. In determining whether the applicable
Threshold has been achieved, Losses relating to a particular event, occurrence, or breach will be counted and included only to the extent
they exceed $10,000 individually, such that claims involving Losses below that amount will be deemed to be and treated as de minimis
and not count toward the Threshold, or otherwise be included in determining whether the Threshold has been hit).

 

(b) An
Indemnitee’s right to indemnification pursuant to Section 7.2 on account of any Losses will be reduced by (i) all insurance
or other third party indemnification proceeds actually received by the Indemnitee (net of collection costs, deductibles, and retroactive
premium adjustments related to the insurance claim) and (ii) any Tax Benefit realized or to be realized by an Indemnitee (or any of its
Affiliates) arising from the facts or circumstances giving rise to such Losses or by the Indemnitee (or any of its Affiliates) from any
indemnification payment with respect to such Losses. For this purpose, a Person shall be deemed to recognize a Tax benefit (“Tax
Benefit”) with respect to a taxable year if, and to the extent that, the Person’s Liability for Taxes for such taxable
year, calculated by excluding any Tax items attributed to the Losses, exceeds the Person’s actual Liability for Taxes for such taxable
year, calculated by taking into account any Tax items attributed to the Losses. An Indemnitee shall use commercially reasonable efforts
to claim and recover any Losses suffered by such Indemnitees under any such insurance policies or other third-party indemnities; provided,
however, that an Indemnitee is not required to initiate pursuit of such insurance or indemnity proceeds prior to asserting any claim or
claims under this ARTICLE VII. The ID Indemnitees shall remit to CHC any such insurance or other third-party proceeds that are paid to
the ID Indemnitees with respect to Losses for which the ID Indemnitees have been previously compensated pursuant to Section 7.2(b).
The CHC Indemnitees shall remit to the ID Member any such insurance or other third-party proceeds that are paid to the CHC Indemnitees
with respect to Losses for which the CHC Indemnitees have been previously compensated pursuant to Section 7.2(a).

 

(c) The
Indemnitees will not be entitled to indemnification hereunder for punitive damages except with respect to any such damages paid or payable
by an Indemnitee to a third party pursuant to a third-party claim.

 

(d) For
purposes of determining the amount of any Loss subject to indemnification hereunder (but, for the avoidance of doubt, not for purposes
of determining whether any breach has occurred), the representations, warranties, covenants and agreements set forth in this Agreement
shall be considered without regard to any materiality or Material Adverse Effect qualification set forth therein.

 

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(e) No
Indemnitee shall be entitled to be compensated more than once for the same Loss.

 

(f) Cap,
Payments and Setoff. ID Member’s aggregate liability for Losses shall not exceed, and ID Member shall not be required to make
aggregate indemnification payments under this Agreement in excess of, the value of the CHC Shares received by ID Member, which shall be
valued at the time of any indemnification payment made hereunder at the Merger Price Per Share, regardless of the then current price of
such CHC Shares. In addition, at the option of ID Member, in his sole and absolute discretion, ID Member may pay and satisfy any Losses
arising from an indemnification claim (i) in cash, (ii) by offset (reduction) in the outstanding balance of the CHC Convertible Note or
(iii) by the delivery of all or part of the CHC Shares (valued at the Merger Price Per Share), or any combination of the foregoing, in
its sole and absolute discretion.

 

7.5 Procedures.

 

(a) Notice
and Defense. If at any time a party entitled to indemnification hereunder (the “Indemnitee”) shall receive notice from
any third party of any asserted Loss claimed to give rise to indemnification hereunder, the Indemnitee shall promptly give notice thereof
(“Claims Notice”) to the party obligated to provide indemnification (the “Indemnitor”) of such Loss. The Claims
Notice shall set forth a brief description of the Loss, in reasonable detail, and, if known or reasonably estimable, the amount of the
Loss that has been or may be suffered by the Indemnitee. The failure of the Indemnitee to give a Claims Notice promptly shall not waive
or otherwise affect the Indemnitor’s obligations with respect thereto, except to the extent that the Indemnitor is prejudiced as
a result of such failure (or to the extent the associated claim is barred by another provision hereof regarding any survival period).
All indemnity claims by the Indemnitee shall be bona fide. Any claim for indemnification with respect to any of such matters which is
not asserted by a notice given as herein provided specifically identifying the particular breach underlying such claim and the reasonable
detail of facts and Losses relating thereto within the specified periods of survival may not be pursued until and unless properly made,
and if regarding a representation or warranty, within the applicable survival period as set forth in Section 7.1(a). Thereafter,
the Indemnitor shall have, at its election, the right to compromise or defend any such matter at the Indemnitor’s sole cost and
expense through counsel chosen by the Indemnitor and approved by the Indemnitee (which approval shall not unreasonably be withheld); provided,
however, that (i) Indemnitor provides evidence reasonably satisfactory to Indemnitee that Indemnitor has the financial wherewithal to
satisfy and discharge the Loss in full, and (ii) any such compromise or defense shall be conducted in a manner which is reasonable and
not contrary to the Indemnitee’s interests, and the Indemnitee shall in all events have a right to veto any such compromise or defense
which is unreasonable or which would jeopardize in any material respect any assets or business of the Indemnitee or any of its affiliates
or increase the potential liability of, or create a new liability for, the Indemnitee or any of its affiliates and, provided further that
the Indemnitor shall in all events indemnify the Indemnitee and its affiliates against any damage resulting from the manner in which such
matter is compromised or defended, including any failure to pay any such claim while such litigation is pending. Notwithstanding the foregoing,
if the Indemnitor receives a firm offer to settle a third-party Claim, and the Indemnitor desires to accept such offer, the Indemnitor
will give written notice to the Indemnitee to that effect. In the event that the Indemnitor does so undertake to compromise and defend
a claim, the Indemnitor shall notify the Indemnitee of its intention to do so. Each party agrees in all cases to use commercially reasonable
efforts to cooperate with the defending party and its counsel in the compromise of or defending of any such liabilities or claims. In
addition, the nondefending party shall at all times be entitled to monitor such defense through the appointment, at its own cost and expense,
of advisory counsel of its own choosing.

 

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(b) Direct
Indemnity Claim. In the event any Indemnitee should have an indemnity claim against any Indemnitor hereunder which does not involve
a third-party Claim, the Indemnitee shall transmit to the Indemnitor a Claims Notice. The Indemnitor shall have fifteen (15) business
days after receipt of any such Claims Notice in which to object in writing to the claim or claims made by Indemnitee in such Claims Notice,
which written objection (the “Objection Notice”) shall state, in reasonable detail, the basis for Indemnitor’s objection.
In the event that Indemnitor does deliver an Objection Notice with respect to any claim or claims made in any Claims Notice, the Indemnitor
and the Indemnitee shall, within the fifteen (15) day period beginning as of the date of the receipt by Indemnitee of the Objection Notice,
attempt in good faith to agree upon the proper resolutions of each of such claims. If the parties should so agree, a written memorandum
setting forth such agreement shall be prepared and signed by both parties. If no agreement can be reached after good faith negotiations
within such 15-day negotiating period (or such extended period as the Indemnitor and the Indemnitee shall mutually agree upon in writing),
the parties may pursue their remedies at law (subject to the terms and conditions of this Agreement).

 

(c) Arbitration.
CHC and the ID Member shall each provide a list of unresolved CHC Claims and Claims or anticipated claims on the 150th day following the
Closing Date (the “Open Dispute Notice”). For the 30 day period following the delivery of an Open Dispute Notice (the
“Response Period”), CHC and the ID Member shall meet and use their commercially reasonable efforts to settle any disputes. If
CHC and the ID Member are unable to reach agreement within 30 calendar days after (i) the conclusion of the Response Period, (ii) CHC
receives a Dispute Notice, or (iii) delivery of the Open Dispute Notices, then CHC and the ID Member shall submit, in writing, their briefs
detailing their views as to the correct nature and amount of each item remaining in dispute to a single arbitrator (“Arbitrator”)
selected from and administered by the Nevada office of JAMS (“JAMS”), in accordance with its then existing Comprehensive
Arbitration Rules & Procedures. The arbitration hearing shall be held in Nevada, and, unless otherwise agreed to in writing by the
parties, all substantive and procedural issues arising therein shall be governed by and construed under the laws of the State of Delaware.
The ID Member and CHC shall use their commercially reasonable efforts to cause the Arbitrator to render a written decision resolving the
matters submitted to it within thirty (30) days following the submission thereof. Each party shall bear its own attorneys’ fees,
costs and disbursements arising out of the arbitration, and shall pay an equal share of the fees and costs of the Arbitrator and JAMS;
however, the Arbitrator shall be authorized to determine whether a party is the prevailing party and, if so, to award to that prevailing
party reimbursement for its reasonable attorneys’ fees, costs and disbursements, and the fees and costs of the Arbitrator and JAMS.
Any decision of the Arbitrator shall be final and binding and subject to the limitations set forth in this ARTICLE VII.

 

(d) Access
to Information. For all purposes of this ARTICLE VII (including those pertaining to disputes under Section 7.5(a) and Section
7.5(b), each Party shall cooperate with and make available to the other Parties and their respective representatives all information,
records and data, and shall permit reasonable access to its facilities and personnel, as applicable, as may be reasonably required in
connection with the resolution of such disputes unless it would adversely affect the ability of a Party to assert attorney-client privilege,
attorney work product privilege or similar privilege.

 

7.6 Treatment
of Indemnity Payments. All indemnification payments made under this Agreement shall be deemed to be an adjustment to the Merger Consideration
for Tax purposes to the extent permitted by applicable Law.

 

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ARTICLE
VIII

COVENANTS

 

8.1 Expenses.
Except as otherwise specifically set forth elsewhere in this Agreement, whether or not the Merger is consummated, all costs and expenses
incurred in connection with this Agreement and the Contemplated Transactions shall be paid by the Party incurring such cost or expense.

 

8.2 Public
Announcements. The initial press release with respect to this Agreement and the Contemplated Transactions shall be a release mutually
agreed to by ID and CHC. After delivery of the initial press release, ID will not issue any press release except with the prior review
by and approval of CHC.

 

8.3 Tax
Matters. For the avoidance of doubt, references to ID in this Section 8.3 include the Surviving Company after the Closing.

 

(a) Intended
Tax Treatment. The Parties intend that for U.S. federal and state income Tax purposes the Merger will qualify and be treated as a
tax-free “reorganization” within the meaning of Section 368(a) of the Code. This Agreement is intended to constitute, and
the Parties hereby adopt this Agreement as, a “plan of reorganization” within the meaning of Treasury Regulations Sections
1.368-2(g). From and after the date of this Agreement, each Party hereto shall use best efforts to cause the Merger to qualify as a reorganization
under Section 368(a) of the Code, and will not take any action or position, cause any action or position to be taken, permit any action
or position of its Subsidiaries to be taken, fail to take any action or cause any action to fail to be taken which action, position or
failure to act would prevent the Merger from qualifying as a reorganization under Section 368(a) of the Code. The Parties shall prepare
all Tax Returns consistent with the foregoing intentions and covenants. CHC will not and will cause its Subsidiaries and Affiliates not
to take any position in any Tax filing, or in any administrative or judicial proceeding, that is inconsistent with the Merger qualifying
as a reorganization under Section 368(a) of the Code unless otherwise required by a determination within the meaning of Section 1313(a)
of the Code.

 

(b) Straddle
Periods. For purposes of this Agreement, in order to apportion appropriately any Taxes relating to a Straddle Period, the portion
of any Taxes that are allocable to the portion of the Straddle Period ending on and including the Closing Date shall be (a) in the case
of Taxes based upon, or related to, income, receipts, profits, wages, capital or net worth, the amount that would be payable if the taxable
year or period ended on the Closing Date based on an interim closing of the books and (b) in the case of any other Taxes (that are imposed
on a periodic basis), the amount of such Taxes for the relevant period multiplied by a fraction the numerator of which shall be the number
of days from the beginning of the period up to and including the Closing Date and the denominator of which shall be the number of days
in the entire period. For the avoidance of doubt, exemptions, allowances or deductions that are calculated on an annual basis (including
depreciation and amortization deductions) shall be allocated between the period ending on the Closing Date and the period after the Closing
Date in proportion to the number of days in each period by an interim closing of the books as of the Closing.

 

(c) Indemnification
for Taxes. ID Member shall, pursuant to ARTICLE VII (and subject to the limitations on indemnification therein) indemnify, defend
and hold CHC and its Affiliates harmless from and against all Losses attributable to (i) any and all Taxes of ID attributable to
any Pre-Closing Tax Period, (ii) any and all Taxes of any member (other than ID) of an affiliated, consolidated, combined or unitary
group of which ID (or any predecessor thereof) is or was a member on or prior to the Closing Date, including pursuant to Treasury Regulation
Section 1.1502-6 or any analogous or similar state, local, or non-U.S. Law, and (iv) any and all Taxes of any person (other
than ID) imposed on ID, as a transferee or successor, pursuant to any Tax Sharing Agreement to which ID was a party prior to the Closing,
or under applicable Law with respect to ID, which Taxes relate to an event or transaction occurring before the Closing (collectively,
(i) through (iv), “Retained Tax Liabilities”). Notwithstanding the foregoing, Retained Tax Liabilities shall not include
any (A) Taxes resulting from any transactions occurring on the Closing Date after the Closing outside the Ordinary Course of Business,
(B) Transfer Taxes that are the responsibility of CHC pursuant to Section 8.3(e), (C) Taxes that would not have been imposed
but for a breach by CHC or Merger Sub of any covenant or agreement contained herein, (D) Taxes resulting from an election under Code Section
336 or Code Section 338 with respect to ID.

 

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(d) Tax
Returns.

 

(i) The
Parties acknowledge and agree that for U.S. federal income tax purposes, the taxable year of ID will end on the end of the day on the
Closing Date and, to the extent applicable Laws in other taxing jurisdictions so permit, the Parties will elect to cause the taxable year
of ID to terminate on the Closing Date. The ID Member shall prepare or cause to be prepared, all Tax Returns of ID that are filed after
the Closing Date with respect to any Tax period that ends on or before the Closing Date (“ID Member Tax Returns”).
ID Member Tax Returns will be prepared in a manner consistent with past practices of ID unless otherwise required by Law. All Deductions
shall be reported on the income Tax Returns of ID and the ID Member for taxable periods ending on or prior to the Closing Date. The ID
Member shall deliver to CHC copies of all ID Member Tax Returns at least twenty (20) days prior to the due date thereof (including extensions
validly obtained), provided that ID Member shall deliver to CHC copies of any such ID Member Tax Returns that are due within twenty (20)
days of the Closing Date as soon as reasonably practical after the Closing Date, and shall consider in good faith any reasonable written
comments from CHC received 10 days prior to such due date. CHC shall timely file such ID Member Tax Returns prepared pursuant to this
Section 8.3(d)(i).

 

(ii) CHC
shall prepare or cause to be prepared and timely file or cause to be timely filed, all Tax Returns of ID that are filed after the Closing
Date with respect to any Straddle Period (“CHC Prepared Tax Returns”). CHC Prepared Tax Returns will be prepared in
a manner consistent with past practices of ID unless otherwise required by Law. CHC shall deliver to the ID Member copies of all CHC Prepared
Tax Returns at least twenty (20) days prior to the due date thereof (including extensions validly obtained), provided that CHC shall deliver
to the ID Member copies of any such CHC Prepared Tax Returns that are due within twenty (20) days of the Closing Date as soon as reasonably
practical after the Closing Date, and shall consider in good faith any reasonable written comments from ID Member received 10 days prior
to such due date. If the ID Member disputes any item on such CHC Prepared Tax Return, the ID Member shall notify CHC of such disputed
item (or items) and the basis for its objection. The Parties shall act in good faith to resolve any such dispute prior to the date on
which the relevant Tax Return is required to be filed. If the ID Member and CHC are unable to resolve any disagreement with respect to
any CHC Prepared Tax Return within fifteen (15) days of delivery of a draft of such Tax Return pursuant to this Section 8.3(d)(ii),
the Parties shall engage an independent accounting firm that is mutually acceptable to CHC and the ID Member (“the Accountants”),
to resolve such dispute. The Accountants shall promptly determine a resolution to the disputed issue(s) and such determination shall be
final and binding on the parties, and the relevant CHC Prepared Tax Return shall be prepared and filed in accordance with such determination.
In the event that the Accountants’ resolution of any disputed issue is not complete by the due date for the filing of any such CHC
Prepared Tax Return (and the due date for such filing may not be further extended), such CHC Prepared Tax Return shall be timely filed
as prepared by CHC; provided, that the Accountants’ ultimate resolution with respect to such Tax Return shall control for purposes
of the indemnification provisions of this Agreement, and, to the extent permissible under applicable Law, such CHC Prepared Tax Return
shall promptly be amended in accordance with the Accountants’ resolution of each such remaining disputed issue.

 

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(e) Transfer
Taxes. All sales, use, transfer, value added, goods and services, gross receipts, excise, conveyance and documentary, stamp, recording,
registration, conveyance and similar Taxes and fees incurred in connection with the transactions pursuant to this Agreement, including
penalties and interest (“Transfer Taxes”) shall be borne equally by CHC and ID Member. CHC (at its expense) will timely
file all necessary Tax Returns and other documentation with respect to all such Transfer Taxes and ID Member will join in the execution
of any such Tax Returns to the extent required by applicable Law.

 

(f) Certain
Covenants. For the avoidance of doubt, references to Pre-Closing Tax Period in this Section 8.3(f) include any Straddle Period.
CHC shall not, and shall cause its Subsidiaries and Affiliates not to, (i) amend, refile or modify any Tax Returns for a Pre-Closing Tax
Period relating in whole or in part to ID, (ii) file a Tax Return for a Pre-Closing Tax Period in a jurisdiction where ID did not file
such Tax Return for such period, (iii) initiate discussions or examinations with any Tax authority regarding Taxes of ID or any of its
Subsidiaries with respect to any Pre-Closing Tax Period, (iv) make any voluntary disclosures with respect to Taxes of ID or any of its
Subsidiaries for a Pre-Closing Tax Period, or (v) change any accounting method or adopt any accounting method or convention that increases
the taxable income of ID for a Pre-Closing Tax Period or shifts deductions or losses of ID or any of its Subsidiaries from a Pre-Closing
Tax Period to a period (or portion thereof) beginning (or deemed to begin) after the Closing Date, unless such adoption is required by
applicable Law, in each case without the prior written consent of the ID Member, which consent shall not be unreasonably withheld, conditioned
or delayed. Notwithstanding anything to the contrary in this Agreement, if CHC determines that any action described in Section 8.3(f)(ii)
or (iv) is required by applicable Law, and ID Member does not consent to such action on the basis that ID Member believes such
action is not required by applicable Law, the matter will be submitted to the Accountants, which will determine whether, pursuant to a
“more likely than not” standard (or greater level of certainty), taking the applicable action is required by applicable Law.
If the Accountants determine in the affirmative, then CHC may take such action and pursue indemnification relating to any Losses associated
with such action pursuant to ARTICLE VII (subject to any limitations set forth therein). If the Accountants determine in the negative
and the action could result in ID Member incurring any Liability under Law, then CHC may not take such action. If the Accountants determine
in the negative and the action could not result in ID Member incurring any Liability under Law, then CHC may take such action, but no
CHC Indemnitee may seek indemnification or reimbursement pursuant to this Agreement with respect to any Losses arising out of or relating
to such action. CHC shall not, and shall cause its Affiliates not to, make any election under Code Section 336 or Code Section 338 in
connection with the Contemplated Transactions.

 

(g) Tax
Contests. CHC shall promptly notify the ID Member in writing within fifteen (15) days of receipt by CHC, the Surviving Company, or
any of their Subsidiaries or Affiliates of notice of any pending or threatened audit, examination, investigation, suit arbitration or
other administrative proceeding or inquiry or judicial proceeding involving Taxes or Tax Returns of ID for a Pre-Closing Tax Period, or
that could impact the determination of a Tax Refund (a “Tax Contest”). The ID Member will have the right, to control
and conduct any such Tax Contest at his sole cost and expense. CHC may participate in the proceedings relating to such Pre-Closing Tax
Period Tax Contest at its sole cost and expense. ID Member shall not settle any such Tax Contest without the prior written approval of
CHC, which approval shall not unreasonably be withheld, conditioned or delayed.

 

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(h) Tax
Refunds. Any and all Tax Refunds shall be for the account of ID Member. Promptly (and in any event within five (5) Business Days)
upon receipt by CHC or any of its Affiliates of any such Tax Refund, CHC will pay over, by wire transfer of immediately available funds,
any such Tax Refund to ID Member. At ID Member’s request, CHC will promptly cause the relevant entity (e.g., CHC, the Surviving
Company, or a Subsidiary or Affiliate thereof) to file for and obtain any such Tax Refunds.

 

(i) Conflicts.
In the event of any conflict or overlap between the provisions of this ARTICLE VIII and ARTICLE VII, the provisions of this ARTICLE VIII
shall control.

 

(j) The
covenants set forth in this Section 8.3 and the ID Member’s indemnification obligations for Retained Tax Liabilities under
Section 7.2(a)(iii) shall survive the Closing Date through the expiration of the statute of limitations applicable to the subject
matter thereof.

 

8.4 Registration.

 

(a) CHC
will prepare and file a Registration Statement, at its cost and expense, with the Securities and Exchange Commission (the “Commission”),
on Form S-1, within ninety (90) days after the Closing, covering the resale of CHC Shares issued hereunder (“the Resale S-1”).
CHC shall use reasonable best efforts to cause such Resale S-1 to be declared effective under the Securities Act as soon as possible,
and shall use its reasonable best efforts to keep the Resale S-1 continuously effective during the entire Effectiveness Period. “Effectiveness
Period” for the purposes of any Resale S-1 required to be filed pursuant to this Agreement, means the period commencing on the Effective
Date of such Registration Statement and ending on the earliest to occur of (a) the date that all of the CHC Shares covered by such Resale
S-1 have been publicly sold by the holder of the CHC Shares included therein, or (b) such time as all of the CHC Shares covered by such
Resale S-1 may be freely distributed, sold or otherwise disposed of by the holder without registration under the Securities Act pursuant
to Rule 144 (or any similar provision then in force) promulgated under the Securities Act, as determined by counsel to CHC pursuant to
a written opinion letter to such effect, addressed and acceptable to CHC’s transfer agent and the affected Shareholder. Notwithstanding
the above, at such time as any of the CHC Shares which are not covered by an effective Resale S-1, may (i) be sold without registration
under the Securities Act pursuant to Rule 144 (or any similar provision then in force), or (ii) are eligible to have the restrictive legend
removed, CHC agrees to provide at CHC’s cost and expense, at the request of the ID Member, such legal opinion, as may be required
by CHC’s transfer agent, or such broker dealer of ID Member.

 

(b) To
the extent permitted by law, CHC will indemnify and hold harmless ID Member, and the partners, members, officers, directors, stockholders,
legal counsel and accountants of ID Member against any Securities Damages, and CHC will pay to each such person or entity any legal or
other expenses reasonably incurred thereby in connection with investigating or defending any claim or proceeding from which Securities
Damages may result, as such expenses are incurred; provided, however, that the indemnity agreement contained in this Section 8.4(b)
shall not apply to the extent that they arise out of or are based upon actions or omissions made in reliance upon and in conformity with
written information furnished by or on behalf of any such indemnified person or entity expressly for use in connection with such registration.
For purposes of this Section 8.4(b), “Securities Damages” means any loss, damage, claim or liability (joint or
several) to which any person or entity hereto may become subject under the Securities Act, the Exchange Act, or other federal or state
law, insofar as such loss, damage, claim or liability (or any action in respect thereof) arises out of or is based upon: (i) any untrue
statement or alleged untrue statement of a material fact contained in any registration statement of CHC, including any preliminary prospectus
or final prospectus contained therein or any amendments or supplements thereto; (ii) an omission or alleged omission to state therein
a material fact required to be stated therein, or necessary to make the statements therein not misleading; or (iii) any violation or alleged
violation by CHC (or any of its agents or Affiliates) of the Securities Act, the Exchange Act, any state securities law, or any rule or
regulation promulgated under the Securities Act, the Exchange Act, or any state securities law. The indemnification set forth in this
Section 8.4(b) shall not be subject to any limitations set forth herein including Section 7.4, and shall expire upon the
expiration of the applicable statute of limitations underlying the claim for indemnification.

 

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8.5 Employee
Matters.

 

(a) CHC
shall ensure that all ID Employees employed as of the Closing Date which are not party to a CHC Employment Agreement will remain employed
in comparable positions and located in San Diego, California with CHC in the Innovation Digital Subsidiary business unit for a minimum
of 18 months following the Closing Date, with material compensation terms (including base salaries or wage rates and target bonus opportunities)
consistent with similarly situated employees of CHC; provided, however, that the foregoing clause shall not restrict CHC or its subsidiaries
from terminating any ID Employee for cause or material non-performance of his or her job.

 

(b) To
the extent that service is relevant for purposes of eligibility, vesting or benefit accrual under any employee benefit plan, program or
arrangement (other than any defined benefit pension plan) established or maintained by CHC or its subsidiaries following the Closing Date
for the benefit of ID Employees, CHC shall use commercially reasonable efforts to cause such plan, program or arrangement (i) to credit
such Employees for service with ID on and prior to the Closing Date, except as would cause a duplication of benefits or coverage for the
same period of service; and (ii) to cause each ID Employee continuing employment with CHC in the Innovation Digital Subsidiary business
unit to be immediately eligible to participate, without any waiting time, in any such plan.

 

(c) Except
as stated in Sections 8.5(a) and 8.5(b), nothing in this Section 8.5(c) shall (i) confer on any ID Employee or any other
Person not a party to this Agreement any rights or remedies (including any third-party beneficiary rights) under this Section 8.5;
(ii) be interpreted or construed to confer upon the ID Employees any right with respect to continuance of employment (or any term or condition
of employment) by CHC or its subsidiaries except as stated in Section 8.5(a), nor shall this Agreement interfere in any way with
the right of CHC or its subsidiaries to amend, terminate or otherwise discontinue or modify any or all benefit or compensation plans,
programs, agreements, arrangements, practices or policies at any time; or (iii) be deemed to amend, terminate, or modify any ID Plan or
any other benefit or compensation plan, program, agreement, arrangement, practice or policy.

 

8.6 PPP
Loan. Prior to the Closing Date, the Members’ Representative shall notify CHC of the outstanding balance of ID’s PPP Loan. Following
the Closing, CHC shall cause the Surviving Company to continue to comply with the terms of the PPP Loan so as to maximize the amount to
be forgiven, including submitting any required applications for forgiveness in a timely manner, as directed by ID Member. In the event
that any portion of the PPP Loan is not forgiven due to no fault of CHC, ID Member shall promptly reimburse CHC for such amount not forgiven.

 

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ARTICLE
IX

DEFINED TERMS

 

9.1 Definitions.
For purposes of this Agreement, the following terms will have the following meanings when used herein with initial capital letters:

 

“Action”
means any claim, action, suit, arbitration, inquiry, proceeding or investigation by or before any Governmental Entity.

 

“Affiliate”
as applied to any Person, means any other Person directly or indirectly controlling, controlled by, or under common control with, that
Person; for purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,”
“controlled by” and “under common control with”), as applied to any Person, means the possession, directly or
indirectly, of the power to direct or cause the direction of the management and policies of that Person, whether through the ownership
of voting securities, by Contract or otherwise.

 

“Business Day”
means a day other than a Saturday, Sunday or any day on which commercial banks located in the State of New York are authorized or obligated
to close.

 

“CCC” means
the California Corporations Code.

 

“CHC SEC Documents”
means reports and documents required to filed with the U.S. Securities and Exchange Commission, including but not limited to, registrations
statements, Form 10-K, Form 10-Q, Form 8-K, all of which are publicly available to ID through the SEC’s EDGAR database.

 

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

 

“Computer Software”
means all computer programs, databases, compilations, data collections (in each case, whether in human-readable, machine readable, source
code or object code form) and documentation related to the foregoing.

 

“Contemplated Transactions”
means the Merger and the other transactions contemplated by this Agreement and in the other Transaction Documents.

 

“Contract”
means any contract, agreement, license, lease, guaranty, indenture, sales or purchase order or other legally binding commitment in the
nature of a contract (whether or not written) to which a Person is a party.

 

“CHC Material Adverse
Effect” means a Material Adverse Effect on CHC.

 

“Deductions”
means all U.S. federal, state and local income Tax deductions related to the exercise or payment of employee options, employee phantom
stock units, employee bonuses, payment under deferred compensation arrangements, payment of any investment banking (or other advisory)
fees, other deductible ID expenses and payments made by or on behalf of ID, in each case in connection with the transactions contemplated
by the Transaction Documents, applying the safe harbor contained in Revenue Procedure 2011-29.

 

“Derivative Security”
means any option, warrant, equity security, equity-linked security, appreciation rights, phantom equity, or similar ownership interests,
calls, rights (including preemptive rights), Contracts, commitments or agreements of any character to which the specified Person is a
party or by which either is bound obligating such Person to issue, deliver or sell, or cause to be issued, delivered or sold, or repurchase,
redeem or otherwise acquire, or cause the repurchase, redemption or acquisition of, or deliver cash or other consideration with respect
to, any shares of capital stock or similar ownership interests or equity-linked securities of such Person or obligating such Person to
grant, extend, accelerate the vesting of or enter into any such subscription, option, warrant, equity security, equity-linked security,
appreciation rights, call, right, commitment or agreement.

 

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“DOL” means
the United States Department of Labor.

 

“Environmental Claim”
means any and all administrative, regulatory or judicial Legal Actions alleging Liability arising out of or resulting from: (1) the presence
or Release into the environment of any Hazardous Substance at the ID Leased Real Estate or CHC Leased Real Estate, as applicable; or (2) any
violation of Environmental Law.

 

“Environmental Laws”
means all federal, state or local statutes, laws, regulations, judgments and orders in effect on the Effective Time and relating to protection
of human health or the environment, including laws and regulations relating to Releases or threatened Releases of Hazardous Substances,
or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of Hazardous
Substances.

 

“Environmental Permits”
means all governmental licenses, permits, registrations and government approvals issued pursuant to Environmental Law.

 

“Financial Advisor”
means any investment bank or financial advisor or Person that acts in any similar capacity that provides financial or investment advisor
services to a Party in connection with the Merger.

 

“Hazardous Substances”
means any chemicals, materials or substances which are defined as or included in the definition of  “hazardous substances,”
“hazardous wastes,” “hazardous materials,” “extremely hazardous wastes,” “restricted hazardous
wastes,” “toxic substances,” “toxic pollutants” or similar terms under any Environmental Law.

 

“Intellectual Property
Rights” means all worldwide (a) inventions, whether or not patentable, (b) patents and patent applications, (c) trademarks,
trademark applications, service marks, service mark applications, trade dress, logos, Internet domain names and trade names, whether or
not registered, and all goodwill associated therewith, (d) rights of publicity and other rights to use the names and likeness of individuals,
(e) copyrights and related rights, whether or not registered, (f) Computer Software, data, databases, files, and documentation and other
materials related thereto, (g) trade secrets and all confidential, technical, technological, industrial, business processes and business
information, (h) know how, (i) all rights in any of the foregoing provided by bilateral or international treaties or conventions, and
(j) all rights to sue or recover and retain damages and costs and attorneys’ fees for past, present and future infringement or misappropriation
of any of the foregoing.

 

“International Employee
Plan” means a ID Plan that has been adopted or maintained by a Person, whether informally or formally, for the benefit of current
or former employees of such Person outside the United States.

 

“IRS” means
the United States Internal Revenue Service.

 

“Knowledge”
means, with respect to ID or ID Member, the actual knowledge after reasonable enquiry of Scott R. Velazquez, and with respect to CHC,
the actual knowledge after reasonable enquiry of Daniel L. Hodges; provided in each case that such enquiry shall not require making enquiries
of customers, suppliers or other third-party contractors.

 

    38

     

    

 

“Legal Action”
means any claim, action, suit, arbitration, proceeding or governmental investigation or proceeding.

 

“Liabilities”
means any and all debts, liabilities and obligations, whether accrued or fixed, absolute or contingent, matured or unmatured or determined
or determinable, including, without limitation, those arising under any Law, Legal Action or Order and those arising under any contract,
agreement, arrangement, commitment or undertaking.

 

“License Agreements”
means all agreements (whether written or oral, including license agreements, research agreements, development agreements, distribution
agreements, consent to use agreements and covenants not to sue, or settlement agreements containing like provisions) to which a Person
is a party or otherwise bound, pursuant to which a Person has granted or been granted any right to use, exploit or practice any Intellectual
Property Rights, or that restrict the right of a Person to use or enforce any Intellectual Property Rights.

 

“Licensed Intellectual
Property Rights” means any Intellectual Property Rights owned by a third party that a Person has a right to use, exploit or
practice by virtue of a license grant, immunity from Legal Action or otherwise.

 

“Liens”
means all liens, pledges, hypothecations, charges, mortgages, security interests, encumbrances, claims, infringements, interferences,
options, right of first refusals, preemptive rights, community property interests or restriction of any nature (including any restriction
on the voting of any security, any restriction on the transfer of any security or other asset, any restriction on the possession, exercise
or transfer of any other attribute of ownership of any asset), other than Permitted Liens.

 

“Material Adverse
Effect” means any event, occurrence, fact, condition, state of facts or development or change which, individually or in the
aggregate (i) is reasonably expected to result in any change or effect that is materially adverse to the business, results of operations,
condition (financial or otherwise), properties, assets liabilities or results of operations of the specified Party and its subsidiaries,
taken as a whole; or (ii) is reasonably expected to prevent or materially impede, interfere with, hinder or delay the consummation by
such Party of the Contemplated Transactions on a timely basis; provided, however, that none of the following
shall be deemed, either alone or in combination, to constitute, and none of the following shall be taken into account in determining whether
there has been or will be, a Material Adverse Effect: (A) changes generally affecting the economy or financial or securities markets;
(B) the announcement of the Contemplated Transactions, including the impact thereof on the relationships, contractual or otherwise, of
the specified person with employees, customers, suppliers or counterparty to any Contract of such Party; (C) any change, circumstance,
condition, development, effect, event, occurrence or state of facts arising directly or indirectly from or otherwise relating to any outbreak
or escalation of war, act of terrorism, national or international calamity, natural disaster (including hurricanes, tornadoes, floods
or earthquakes), epidemic, pandemic or any other similar event; (D) changes (including changes of applicable Law) or general conditions
in the industry in which such Party operates; (E) changes in GAAP (or authoritative interpretations of GAAP); (F) any Contemplated
Transaction Legal Action, to the extent relating to the negotiations between the Parties and the terms and conditions of this Agreement;
and (G) compliance with the terms of, or the taking of any action required by, this Agreement; provided, further, however,
that any event, change and effect referred to in clauses (A), (C) or (D) immediately above shall be taken into account in determining
whether a Material Adverse Effect with respect to the specified Person has occurred or would reasonably be expected to occur to the extent
that such event, change or effect has a materially disproportionate effect on such Party, compared to other participants in the industries
in which such Party conducts its businesses.

 

    39

     

    

 

“Material Agreements”
means each Contract to which the specified Party is a party or subject to or by which its assets are bound which: (a) provides for obligations,
payments, Liabilities, consideration, performance of services or the delivery of goods to or by such Party of any amount or value reasonably
expected to be in excess of  $100,000 in any annual period; (b) contains covenants limiting the freedom of such Party to engage
in any line of business in any geographic area or to compete with any Person or restricting the ability of such Party to acquire equity
interests in any Person; (c) is an employment or severance contract or indemnification contract, or a consulting or non-compete agreement,
applicable to any employee of such Party whose annual total compensation exceeds $120,000 or any director of such Party; (d) relates to,
or is evidence of, or is a guarantee of, or provides security for, indebtedness or the deferred purchase price of property (whether incurred,
assumed, guaranteed or secured by any asset of such Party); (e) is a letter of credit, bond or similar arrangement running to the account
of, or for the benefit of, such Party in an amount in excess of  $100,000; (f) is a lease or agreement under which such Party is
a lessor of or permits any third party to hold or operate any property owned or controlled by such Party; (g) relates to the use of, or
the right to use, Intellectual Property Rights by such Party, except for any of the foregoing related to the use of generally available
Computer Software that is sold or licensed under shrink-wrap or click-through terms; (h) is a collective bargaining agreement; (i) is
a joint venture or partnership contract or a limited liability company operating agreement; (j) is entered into with, or otherwise relates
to, any Affiliate, officer or director or their family members of such Party; (k) cannot be terminated on less than 60 days’ notice
without penalty or is continuous over a period of more than one year from the Effective Date and cannot be terminated on less than 60
days’ notice, in either case without penalty or payment of an amount (including acceleration of obligations) of $50,000 or more;
(l) provides for the payment of cash or other compensation or benefits upon the Merger and the consummation of the Contemplated Transactions;
(m) relates to any loan to any directors, officers or Affiliates of such Party; (n) relates to voting, transfer or other arrangements
related to any equity interests of such Party or warrants, options or other rights to acquire any equity interests of such Party (other
than this Agreement, the Merger and the Contemplated Transactions); or (o) is otherwise material to the operations and business of such
Party.

 

“Membership Units”
means any economic ownership interest in ID.

 

“ID Member”
means Scott R. Velazquez, or any other Person selected as a successor thereto in accordance with the provisions of this Agreement.

 

“Ordinary Course
of Business” means an action which is taken in the ordinary course of the normal day-to-day operations of the Person taking
such action consistent with the past practices of such Person, is not required to be authorized by the board of directors of such Person
(or by any Person or group of Persons exercising similar authority) and is similar in nature and magnitude to actions customarily taken,
without any authorization by the board of directors (or by any Person or group of Persons exercising similar authority), in the ordinary
course of the normal day-to-day operations of other Persons that are in the same line of business as such Person.

 

“Permitted Liens”
means (a) statutory Liens for current Taxes or other governmental charges not yet due and payable or the amount or validity of which is
being contested in good faith and for which adequate reserves have been established, (b) mechanics’, carriers’, workers’,
repairers’ and similar statutory Liens arising or incurred in the Ordinary Course of Business for amounts which are not delinquent
or which are being contested by appropriate proceedings, (c) zoning, entitlement, building and other land use regulations imposed
by Governmental Entities having jurisdiction over such Person’s owned or leased real property, which are not violated by the current
use and operation of such real property, (d) covenants, conditions, restrictions, easements and other similar non-monetary matters of
record affecting title to such Person’s owned or leased real property, which do not materially impair the occupancy or use of such
real property for the purposes for which it is currently used in connection with such Person’s businesses, (e) any right of way
or easement related to public roads and highways, which do not materially impair the occupancy or use of such real property for the purposes
for which it is currently used in connection with such Person’s businesses, (f) Liens arising under workers’ compensation,
unemployment insurance, social security, retirement and similar legislation, and (g) any other Liens that, in the aggregate, do not materially
impair the value or the continued use and operation of the assets or properties to which they relate, including without limitation, the
rights to use a license under the applicable Contract.

 

    40

     

    

 

“Person”
means any individual, corporation (including any non-profit corporation), general partnership, limited partnership, limited liability
partnership, joint venture, estate, trust, company (including any limited liability company or joint stock company), firm or other enterprise,
association, organization, entity or Governmental Entity.

 

“Pre-Closing Tax
Period” means any taxable period (or portion of a Straddle Period) ending on or prior to the end of the day on the Closing Date.

 

“Registered Intellectual
Property Rights” means all patents and patent applications, registered copyrights and copyright applications, registered trademarks
and trademark applications, and any other Intellectual Property Right that is the subject of an application, certificate, filing, registration
or other document issued by, filed with, or recorded by, any Governmental Entity.

 

“Related Party”
of any specified Person means: (i) an executive officer or director (or any Person that exercises substantially similar right and authority)
of such specified Person; (ii) any Person owning 5% or more of the voting shares of such specified Person (assuming the exercise or conversion
of any Derivative Securities of such specified Person that represents, directly or indirectly, the right to acquire voting shares of such
specified Person); (iii) any Person that can significantly influence the management or operating policies of such specified Person, including
the ability that would prevent such specified Person from fully pursuing its own separate interests, through the ownership of securities,
contract or both; or (iv) the immediate family members or Affiliates or associates of any Person described in the foregoing clauses of
this paragraph.

 

“Release”
means any release, spill, emission, emptying, leaking, injection, deposit, disposal, discharge, dispersal, leaching, pumping, pouring,
or migration into the atmosphere, soil, surface water, groundwater or property.

 

“Representatives”
of any entity means such entity’s directors, officers, employees, legal, investment banking and financial advisors, accountants
and any other agents and representatives.

 

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

 

“Straddle Period”
means a taxable period that begins on or before, and ends after, the Closing Date.

 

“ID Intellectual
Property Rights” means any Intellectual Property Rights owned by, licensed exclusively to or registered to ID.

 

“ID Operating Agreement”
means the Operating Agreement of ID dated as of October 25, 2013, as in effect on the Agreement Date.

 

“ID Material Adverse
Effect” means a Material Adverse Effect on ID.

 

“ID Member”
means Scott R. Velazquez.

 

    41

     

    

 

“ID Registered Intellectual
Property Rights” means any Registered Intellectual Property Rights included in ID Intellectual Property Rights.

 

“Subsidiary”
means, with respect to any Person, any corporation or other organization, whether incorporated or unincorporated, of which more than fifty
percent (50%) of either the equity interests in, or the voting control of, such corporation or other organization is, directly or indirectly
through subsidiaries or otherwise, beneficially owned by such Person.

 

“Tax Refund”
means any refund, rebate, abatement, reduction or other recovery (whether directly or indirectly through a right of setoff or credit)
of Taxes (including payments of estimated Taxes) of ID and any interest received thereon with respect to all Pre-Closing Tax Periods (including
the portion of any Straddle Period ending on and including the Closing Date). Any Tax Refund related to a Straddle Period shall be prorated
based upon the method employed in Section 8.3(b).

 

“Transaction Documents”
means this Agreement and the documents, agreements and instruments referenced herein or entered into in connection with this Agreement,
the Merger or the other Contemplated Transactions.

 

“Treasury Regulations”
means the regulations promulgated by the U.S. Department of the Treasury under the Code.

 

ARTICLE
X

GENERAL PROVISIONS

 

10.1 Limited
Survival of Representations and Warranties. Other than as preserved herein, the representations and warranties of ID and CHC contained
in this Agreement shall terminate on the date (the “Claim Expiration Date”) that is 180 days after the Closing Date
(or if such date is not a Business Day, then the immediately following Business Day), and only the covenants that by their terms survive
the Effective Time shall survive the Closing Date.

 

10.2 Notices. 

 

(a) All
notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to have
been given and duly delivered: (i) when delivered (or delivery was properly tendered) by hand; (ii) when delivered (or delivery was properly
tendered) by the addressee if sent by a nationally recognized overnight courier; or (iii) on the date sent by e-mail of a PDF document
(with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after
normal business hours of the recipient, if the original of such notice was duly transmitted in accordance with (i) or (ii) of this Section 10.2(a)
or transmitted by certified mail, return receipt requested, postage prepaid. Such communications must be sent to the respective Parties
at the following addresses (or at such other address for a Party as shall be specified in a notice given in accordance with this Section 10.2(a)):

 

(b) if
to CHC or Merger Sub (or to ID, after the Merger), to:

 

COMSovereign Holding
Corp.

5000 Quorum Drive,
Suite 400

Dallas, TX 75254

Attention: Daniel L.
Hodges

Email: DHodges@COMSovereign.com

 

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COMSovereign Holding
Corp.

5120 S. Julian Drive,
Suite 110

Tucson, AZ 85706

Attention: Kevin Sherlock

Email: Legal@COMSovereign.com

 

with copies to (which
will not constitute notice to CHC):

 

Pryor Cashman LLP

7 Times Square

New York, NY 10036

Attention: Eric
M. Hellige, Esq.

Email: ehellige@pryorcashman.com

 

(c) if
to ID prior to the Merger, to:

 

Innovation Digital,
LLC

15373 Innovation
Drive, Suite 180

San Diego, California
92128

Attention: Scott
R. Velazquez

Email: scottv@innovationdigital.com

 

with a copy to
(which will not constitute notice to ID):

 

Sessine Feron, Attorneys at Law

3525 Del Mar Heights Road, Suite 427

San Diego, CA 92130

Attention: David L. Feron, Esq.

Email: dferon@sessineferon.com

 

(d) If
to the ID Member, to:

 

Dr. Scott R. Velazquez

13460 El Presidio
Trail

San Diego, CA
92130

Email: scottv@innovationdigital.com 

 

with copies to
(which will not constitute notice to ID Member):

 

Sessine Feron, Attorneys at Law

3525 Del Mar Heights Road, Suite 427

San Diego, CA 92130

Attention: David L. Feron, Esq.

Email: dferon@sessineferon.com

 

or to such other Persons, addresses or email addresses
as may be designated in writing by the Person entitled to receive such communication as provided above.

 

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10.3 Interpretation.
When a reference is made in this Agreement to Exhibits, such reference shall be to an Exhibit to this Agreement unless otherwise indicated.
When a reference is made in this Agreement to Sections, Schedules, or Exhibits, such reference shall be to a Section, Schedule or Exhibit
of or to this Agreement. Unless otherwise indicated the words “include,” “includes” and “including”
when used herein shall be deemed in each case to be followed by the words “without limitation.” The captions and other headings
contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement.
When reference is made herein to “the business of” an entity, such reference shall be deemed to include the business of all
direct and indirect subsidiaries of such entity. A reference in this Agreement to $ or dollars is to United States Dollars. The words
“hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer
to this Agreement as a whole and not to any particular provision of this Agreement. References to “this Agreement” shall mean
this Agreement together with the ID Disclosure Letter. The headings in this Agreement are for reference only and shall not affect the
interpretation of this Agreement. Unless the context of this Agreement otherwise requires (a) words of any gender include each other gender
and neutral forms of such words, (b) words using the singular or plural number also include the plural or singular number, respectively,
(c) references to clauses without a cross-reference to a Section or subsection are references to clauses within the same Section or, if
more specific, subsection, (d) references to any Person include the successors and permitted assigns of that Person, or (e) references
from or through any date shall mean, unless otherwise specified, from and including or through and including, respectively. All references
to “days” shall be to calendar days unless otherwise indicated as a “Business Day.” Any action otherwise required
to be taken on a day that is not a Business Day shall instead be taken on the next succeeding Business Day, and if the last day of such
period is a non-Business Day, the period in question shall end on the next succeeding Business Day

 

10.4 Counterparts.
This Agreement may be executed and delivered in multiple counterparts (including facsimile, PDF, DocuSign or other electronic counterparts),
all of which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed
by each of the Parties and delivered to the other Parties, it being understood that all Parties need not sign the same counterpart. A
signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same
legal effect as delivery of an original signed copy of this Agreement.

 

10.5 Entire
Agreement; Third-Party Beneficiaries. This Agreement and the other Transaction Documents (i) constitute the entire agreement
among the Parties with respect to the subject matter hereof and supersede all prior agreements and understandings, both written and oral,
among the Parties with respect to the subject matter hereof; and (ii) except as expressly provided in this Agreement are not intended
to confer upon any other Person any rights or remedies hereunder. Notwithstanding anything herein or otherwise to the contrary, ID Member
is an express and intended third party beneficiary of this Agreement.

 

10.6 Amendment.
This Agreement may be amended, supplemented or modified by action taken by or on behalf of each of: (x) the respective Boards of Directors
of the Parties in the case of CHC, Merger Sub, and ID, and (y) the ID Member, at any time as set forth in a written instrument duly executed
by or on behalf of each Party that sets forth the terms of the relevant amendments, supplements, or modifications.

 

10.7 Waiver.
Any Party, by action taken by or on behalf of its Board of Directors, may to the extent permitted by applicable Law (i) extend the time
for the performance of any of the obligations or other acts of the other Party, (ii) unless prohibited by applicable Law, waive any inaccuracies
in the representations and warranties or compliance with the covenants and agreements of the other Party contained herein or in any document
delivered pursuant hereto or (iii) unless prohibited by applicable Law, waive compliance with any of the conditions of such Party contained
herein. No such extension or waiver shall be effective unless set forth in a written instrument duly executed by or on behalf of the Party
extending the time of performance or waiving any such inaccuracy or non-compliance. No waiver by any Party of any term or condition of
this Agreement, in any one or more instances, shall be deemed to be or construed as a waiver of the same or any other term or condition
of this Agreement on any future occasion.

 

    44

     

    

 

10.8 Severability.
In the event that any provision of this Agreement or the application thereof, becomes or is declared by a court of competent jurisdiction
to be illegal, void or unenforceable, the remainder of this Agreement will continue in full force and effect and the application of such
provision to other Persons or circumstances will be interpreted so as reasonably to effect the intent of the Parties. The Parties further
agree to negotiate in good faith to modify this Agreement so as to replace such void or unenforceable provision of this Agreement with
a valid and enforceable provision that is mutually agreeable to the Parties and that will achieve, to the extent possible, the economic,
business and other purposes of such void or unenforceable provision.

 

10.9Governing Law;
Dispute Resolution. This Agreement, and all claims or causes of action (whether at law, in contract or in tort) that may
be based upon, arise out of or relate to this Agreement or the negotiation, execution or performance hereof, shall be governed, construed
and enforced in accordance with the laws of the State of Nevada applicable to agreements made and to be performed entirely therein without
giving effect to principles of conflicts of laws. All suits, actions or other proceedings seeking to enforce, or otherwise arising in
connection with, this Agreement shall be brought in the state or federal courts located in Clark County, Nevada. Each of the Parties irrevocably
consents to the exclusive jurisdiction of the foregoing courts in such matters and irrevocably waives any objection such Party may otherwise
have against such jurisdiction.

 

10.10Rules
of Construction. The Parties agree that they have been represented by counsel during the negotiation and execution of this Agreement
and, therefore, waive the application of any Law, regulation, holding or rule of construction providing that ambiguities in an agreement
or other document will be construed against the Party drafting such agreement or document.

 

10.11 Assignment.
No Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval
of the other Parties. Subject to the preceding sentence, this Agreement shall be binding upon and shall inure to the benefit of the Parties
and their respective successors and permitted assigns.

 

10.12 WAIVER
OF JURY TRIAL. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT OR THE OTHER TRANSACTION
DOCUMENTS IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES
ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE OTHER TRANSACTION
DOCUMENTS OR THE CONTEMPLATED TRANSACTIONS. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (B) SUCH
PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (C) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (D) SUCH PARTY HAS BEEN INDUCED
TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 10.12.

 

10.13 Limitation
on Damages. In no event will any Party be liable to any other Party under or in connection with this Agreement for special,
general, indirect, consequential, or punitive or exemplary damages, including damages for lost profits or lost opportunity, even if the
Party or any ID Member of member of such Party sought to be held liable has been advised of the possibility of such damage.

 

    45

     

    

 

10.14 Attorney-Client
Privilege. All communications involving attorney-client privilege between ID or ID Member (collectively, the “Company Security
holders”), on the one hand, and their respective counsels, including, but not limited to, Sessine Feron, Attorneys at Law, Insigne
PC and Tax Counsel: Bowen Tax Law PC (collectively “Pre-Merger Counsel”) on the other hand, in the course of the negotiation,
documentation and consummation of the transactions contemplated hereby shall be deemed to be attorney-client confidences that belong solely
to such ID Member (and not ID). Accordingly, neither ID nor the Surviving Company shall have access to any such communications, or to
the files of Pre-Merger Counsel relating to such engagement. Without limiting the generality of the foregoing, upon and after the Effective
Time, (a) the ID Member (and not the Surviving Company) shall be the sole holder of the attorney-client privilege with respect to such
engagement, and neither ID or the Surviving Company shall be a holder thereof, (b) to the extent that files of Pre-Merger Counsel in respect
of such engagement constitute property of the client, only the ID Member (and not ID or Surviving Corporation) shall hold such property
rights and (c) Pre-Merger Counsel shall have no duty whatsoever to reveal or disclose any such attorney-client communications or files
to any member of ID or the Surviving Company by reason of any attorney-client relationship between Pre-Merger Counsel and ID or otherwise;
provided that the foregoing shall not extend to any communication or files not involving the negotiation, documentation and consummation
of the transactions contemplated this Agreement. Notwithstanding the foregoing, in the event that a dispute arises between CHC, the Surviving
Company and the ID Member and a third party (other than a party to this Agreement or any of their respective Affiliates) after the Effective
Time, ID or the Surviving Company may assert the attorney-client privilege to prevent disclosure of confidential communications by Pre-Merger
Counsel to such third party; provided, however, that ID or Surviving Company may not waive such privilege without the prior written consent
of the ID.

 

10.15 ID
Counsel. Notwithstanding that ID has been represented by Pre-Merger Counsel in the preparation, negotiation and execution of this
Agreement, ID, CHC and the Surviving Company agree that, after the Effective Time, Pre-Merger Counsel may represent ID Member in matters
related to this Agreement, including in respect of any indemnification claims.

 

[Signature Page To Follow]

 

    46

     

    

 

IN WITNESS WHEREOF, the Parties
have caused this Agreement and Plan of Merger to
be executed by their respective officers duly authorized thereunto, as of the Effective Date. 

 

	 	COMSovereign Holding Corp.
	 	 	 
	 	By:	/s/ Daniel L. Hodges
	 	 	Name:	Daniel L. Hodges
	 	 	Title:	Chief Executive Officer
	 	 	 
	 	CHC Merger Sub V, LLC
	 	 	 
	 	By:	/s/ Daniel L. Hodges
	 	 	Name:	Daniel L. Hodges
	 	 	Title:	Manager
	 	 	 
	 	Innovation Digital, LLC
	 	 	 
	 	By: 	/s/ Dr. Scott R. Velazquez
	 	 	Name:	Dr. Scott R. Velazquez
	 	 	Title:	President
	 	 	 
	 	ID Member
	 	 	 
	 	By: 	/s/ Dr. Scott R. Velazquez
	 	 	Name:	Dr. Scott R. Velazquez

 

[Signature Page to Agreement and Plan of Merger]

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