Document:

Harman 10-K Exhibit 10.2

Exhibit 10.2

AMENDED AND RESTATED EQUIPMENT LEASING AGREEMENT

between

BTM CAPITAL CORPORATION,

as Corporate Obligee

and

HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED,

as Obligor

Dated as of June 30, 2003

(1999)

TO THE EXTENT, IF ANY, THAT THIS DOCUMENT CONSTITUTES

CHATTEL PAPER UNDER THE UNIFORM COMMERCIAL CODE,

NO SECURITY INTEREST IN THIS DOCUMENT MAY BE CREATED

THROUGH THE TRANSFER AND POSSESSION OF ANY

COUNTERPART OTHER THAN COUNTERPART NO. 1.

COUNTERPART NO. 8  OF8 SERIALLY NUMBERED

           MANUALLY EXECUTED COUNTERPARTS.           

TABLE OF CONTENTS

		 				
Page

	
Section

	
1.

		
Definitions.

		
1

						
	
Section

	
2.

		
Agreement for Financing of Equipment.

		
1

						
	
Section

	
3.

		
Acknowledgment of Financed Equipment.

		
2

						
	
Section

	
4.

		
Delivery, Acceptance and Leasing of Equipment.

		
2

						
	
Section

	
5.

		
Term.

		
2

						
	
Section

	
6.

		
Return of Equipment.

		
2

						
				
Section 6.1.

	
Redelivery.

		
2

				
Section 6.2.

	
Storage.

		
4

				
Section 6.3.

	
Holdover Equipment Payment.

		
4

				
Section 6.4.

	
Specific Performance.

		
4

						
	
Section

	
7.

		
Payments.

		
4

							
				
Section 7.1.

	
Interim Equipment Payment.

		
4

				
Section 7.2.

	
Basic Equipment Payment.

		
4

				
Section 7.3.

	
[Intentionally Deleted.]

		
5

				
Section 7.4.

	
Supplemental Payments.

		
5

				
Section 7.5.

	
Method of Payment.

		
5

				
Section 7.6.

	
Applicable Debt Rate.

		
5

				
Section 7.7.

	
[Intentionally Deleted.]

		
5

						
	
Section

	
8.

		
Net Financing Agreement.

		
5

						
	
Section

	
9.

		
Grant of Security Interest; Equipment to be and Remain Personal Property.

		
6

						
	
Section

	
10.

		
Use of Equipment; Compliance with Laws.

		
6

						
	
Section

	
11.

		
Maintenance and Repair of Equipment.

		
7

						
	
Section

	
12.

		
Alterations; Modifications; Replacements

		
8

						
	
Section

	
13.

		
Identification Marks; Inspection.

		
8

						
	
Section

	
14.

		
Assignment and Leasing.

		
9

							
				
Section 14.1.

	
By Obligor.

		
9

				
Section 14.2.

	
By Corporate Obligee.

		
10

				
Section 14.3.

	
Registration.

		
10

	
Section

	
15.

		
Liens.

		
10

						
	
Section

	
16.

		
Loss, Damage or Destruction.

		
11

							
				
Section 16.1.

	
Risk of Loss, Damage or Destruction.

		
11

				
Section 16.2.

	
Payment of Casualty Loss Value Upon an Event of Loss.

		
11

				
Section 16.3.

	
Application of Payments Not Relating to an Event of Loss.

		
11

						
	
Section

	
17.

		
Insurance.

		
12

						
	
Section

	
18.

		
NO CORPORATE OBLIGEE WARRANTIES.

		
13

						
	
Section

	
19.

		
Assignment of Manufacturer Warranties.

		
13

						
	
Section

	
20.

		
Events of Default.

		
14

						
	
Section

	
21.

		
Remedies Upon Default.

		
15

						
	
Section

	
22.

		
Corporate Obligee's Right to Perform for Obligor.

		
17

						
	
Section

	
23.

		
Late Charges.

		
17

						
	
Section

	
24.

		
Notices.

		
17

						
	
Section

	
25.

		
Obligor's Renewal and Transfer Options.

		
17

							
				
Section 25.1.

	
Obligor's Renewal Option.

		
17

				
Section 25.2.

	
Obligor's End of Term Transfer Option.

		
18

				
Section 25.3.

	
Third Party Sale of Equipment.

		
19

				
Section 25.4.

	
Obligor's Early Transfer Options.

		
19

						
	
Section

	
26.

		
End of Term Equipment Payment Adjustment

		
20

							
				
Section 26.1.

	
Third Party Sale of Equipment.

		
20

				
Section 26.2.

	
Obligor Payment.

		
21

						
	
Section

	
27.

		
Governing Law, Jurisdiction and Venue; Waiver of Jury.

		
21

						
	
Section

	
28.

		
Miscellaneous.

		
22

							
				
Section 28.1.

			
22

				
Section 28.2.

			
22

						
	
Section

	
29.

		
Payments.

		
23

						
	
Section

	
30.

		
Concerning Corporate Obligee.

		
23

						
	
EXHIBIT A-1

			
	
EXHIBIT A-2

			

AMENDED AND RESTATED EQUIPMENT LEASING AGREEMENT

AMENDED AND RESTATED EQUIPMENT LEASING AGREEMENT dated as of June 30, 2003 (herein, as amended, supplemented and otherwise modified from time to time, called  “this Equipment Agreement”), between BTM
CAPITAL CORPORATION, a Delaware corporation (together with its successors and assigns, “Corporate Obligee”) and HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED, a Delaware corporation (together with its successors and assigns,
“Obligor”).

WHEREAS, pursuant to that certain Participation Agreement dated as of September  30, 1999 (as amended, the “Original Participation Agreement”) among State Street Bank and Trust Company of Connecticut,
National Association, not in its individual capacity but as Trustee (“Original Trustee”), as “Obligee” thereunder (“Original Obligee”), Obligor, BTM Capital Corporation (“BTM Capital”), as “LC
Issuer”, Four Winds Funding Corporation, a Delaware corporation, as “Lender”, Bank of Tokyo-Mitsubishi Trust Company, as “Owner Participant” and Commerzbank Aktiengesellschaft, New York Branch, as “Agent” and as
“Security Trustee”, the Original Obligee and Obligor entered into that certain Equipment Financing Agreement dated as of September 30, 1999 (as amended, the “Original Equipment Agreement”); and

WHEREAS, Corporate Obligee has succeeded to the interests of Original Obligee with respect to the Original Participation Agreement and the Original Equipment Agreement and, as part of the transactions contemplated under the
Amended and Restated Participation Agreement dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Participation Agreement”) among Corporate Obligee, BTM Capital, as “Owner
Participant”, U.S. Bank National Association (“Trust Company”), not in its individual capacity but solely as trustee (“Trust Obligee”) under a Trust Agreement dated as of the date hereof (the “Trust
Agreement”), Obligor, the financial institutions named therein as Lenders and Bank of Tokyo-Mitsubishi Trust Company, as “Security Trustee” and “Agent”.

In consideration of the mutual covenants and agreements set forth herein and in the Participation Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:

            Section 1.        
Definitions.  Unless the context otherwise requires, capitalized terms used herein and not otherwise defined herein shall have meanings set forth or referred to in Appendix A to the Participation Agreement which Appendix A also contains the rules of usage
that shall apply hereto.

            Section
2.         Agreement for Financing of Equipment.  Subject to, and upon all of the terms and conditions of this Equipment Agreement, Corporate Obligee hereby agrees to finance for Obligor and Obligor hereby agrees to
finance for Corporate Obligee each Item of Equipment for the Term with respect to such Item.  So long as no Equipment Agreement Event of Default has occurred and is continuing hereunder, Corporate Obligee agrees that it shall not interfere with Obligor’s
quiet enjoyment and use of any Item of Equipment financed hereunder during the Term thereof.

            Section
3.         Acknowledgment of Financed Equipment.  Corporate Obligee and Obligor acknowledge and agree that all Items of Equipment have been financed for Obligor pursuant to Section 3.1 of the Original Participation
Agreement and in accordance with the other Original Operative Documents and no further duty or obligation exists on the part of Corporate Obligee to finance any additional Items of Equipment thereunder.

            Section4.
         Delivery, Acceptance and Leasing of Equipment.  Corporate Obligee and Obligor hereby acknowledge and agree that (a) all Original Items of Equipment have been delivered to and accepted by Obligor in
accordance with the terms and provisions of the Original Equipment Agreement; (b) Obligor has inspected each such Original Item so delivered and neither provided Original Obligee with written notice of any defect nor objected to any such Original Item in accordance
with Section 4 of the Original Equipment Agreement; and (c) Obligor has executed and delivered to Original Obligee an Equipment Agreement Supplement, dated the Acceptance Date thereof, for each such Original Item of Equipment.  Corporate Obligee and Obligor
hereby further acknowledge and agree that (x) each Equipment Agreement Supplement executed by Original Obligee and Obligor for each Original Item of Equipment evidences that such Original Item is leased under, and is subject to, all of the terms, provisions and
conditions of this Equipment Agreement, and (y) constitutes Obligor’s unconditional and irrevocable acceptance of such Original Item for all purposes of this Equipment Agreement.  Corporate Obligee and Obligor hereby further acknowledge and agree
that (x) all Original Items of Equipment and all Original Items shall for all purposes constitute the Items of Equipment and Items, respectively, hereunder and under the other Operative Documents; (y) each Equipment Agreement Supplement executed and delivered in
connection with the Original Equipment Agreement shall in all respects and for all purposes constitute the Equipment Agreement Supplement hereunder and under the other Operative Documents; and (z) all Items of Equipment shall be conclusively deemed to relate to the
particular Related Exhibit A attached to the Original Equipment Agreement and made a part thereof that is so identified on the Related Equipment Agreement Supplement of such Original Item, and, each Related Exhibit A attached to the Original Equipment Agreement are
herein incorporated by reference as if such Related Exhibit A were attached hereto.

            Section
5.         Term.  The Interim Term (if any) for each Item of Equipment shall commence on the Acceptance Date thereof, and, unless sooner terminated pursuant to the provisions hereof, shall end on the date
immediately prior to the Basic Term Commencement Date therefor.  The Basic Term for each Item of Equipment shall commence on the Basic Term Commencement Date thereof and, unless this Equipment Agreement is sooner terminated with respect to such Item (or all
Equipment) pursuant to the provisions hereof, shall end on the last day of such Basic Term.  If not sooner terminated pursuant to the provisions hereof, the Term for each Item of Equipment shall end on the last day of the Basic Term thereof, or if this Equipment
Agreement is renewed with respect to such Item of Equipment pursuant to Section 25.1 hereof, on the last day of the last Renewal Term thereof.

            Section
6.         Return of Equipment.

                                    Section
6.1       Redelivery.  Upon the expiration or earlier termination of the Term with respect to each Item of Equipment (unless Obligor has exercised its transfer option with respect thereto pursuant to Sections 25.2 or 25.4
hereof or a third party sale thereof acceptable to Corporate Obligee is consummated on the Termination Date with respect thereto pursuant to Section 25.3 hereof), Obligor will, at its expense, dismantle, surrender and
deliver possession of each Item of Equipment to Corporate Obligee at the Redelivery Location with a certificate executed by a Responsible Officer of Obligor certifying that the Item of Equipment is in the condition required hereunder, a copy of an inventory list for
each Item, proof of payment by Obligor to the Person from whom Obligor acquired such Item of Equipment in the form of a canceled check or wire transfer confirmation, all then current plans, specifications and operating, maintenance, and repair manuals and logs
relating to each Item that have been prepared or received by Obligor, and with respect to any Item of Equipment which qualifies for or is subject to any manufacturer’s maintenance, repair or warranty policy, a statement or certificate that has been signed by an
authorized representative of the manufacturer attesting to such condition.  At the time of such return to Corporate Obligee, each Item of Equipment (and each part or component thereof) shall (a) meet the original design specifications and operating
standards of such Item, (b) be in as good operating condition, state of repair and appearance as when delivered to Obligor hereunder, ordinary wear and tear excepted, and in the condition required by Section 11 hereof, (c) have no missing
or damaged components such that its value, utility or remaining useful life will be reduced, (d) comply with all laws and rules referred to in Section 11 hereof, (e) have attached or affixed thereto any addition, modification or improvement considered an
accession thereto as provided in Section 12 hereof and (f) have had removed therefrom in a workmanlike manner, (i) any addition, modification or improvement which, as provided in Section 12 hereof, is owned by Obligor, and (ii) any insignia or marking permitted
pursuant to Section 13 hereof, and (g) be free and clear of all Liens, other than a Lien granted or placed thereon by Corporate Obligee, Lender, or any Assignee pursuant to Section 14.2 hereof.  With respect to any Item of Equipment which has an hour meter
or similar device affixed to or relating to such Equipment, Obligor must provide evidence of the total operating hours on such Item at redelivery, as evidenced by such meter or similar device.  The total operating hours for each such Item of Equipment in excess
of 3000 hours per year shall be billed to Obligor at a rate set by Corporate Obligee (which rate shall be reasonable in all the circumstances).  All operating licenses and agreements pertinent to operation of each Item of Equipment, whether or not included in
the original Agreement (other than non-transferable licenses to use software), that are capable of being transferred, shall be fully transferable upon the expiration of the Term to Corporate Obligee or its designee.  Obligor shall
transfer any such transferable license or agreement upon return of the Item of Equipment at Obligor’s cost and expense.  Each Item of Equipment that qualifies for or is subject to any manufacturer’s maintenance, repair or warranty policy must be
properly deinstalled in a manner consistent with such policy and in such a way that the Item remains eligible for or subject to such policy, as appropriate, and Obligor shall provide or shall cause a representative of the manufacturer of such Item a certificate
certifying that each Item of Equipment was deinstalled in a manner consistent with such policy and remains eligible for or subject to such policy, as appropriate.  Upon deinstallation each Item of Equipment shall be secured properly for air or overland
transport.  Each Item of Equipment originally delivered to Obligor, secured for shock proof and minimum vibration travel or delivered via air ride van shall be redelivered in a similar manner, and each other Item of Equipment shall be delivered in the manner in
which it was delivered to Obligor or such other manner as is customary for such Item of Equipment.  Obligor shall pay for any repairs necessary to restore any Item of Equipment to the condition required by this Section 6.1.  The term “ordinary wear
and tear” as used herein shall not be construed as permitting any material broken,damaged or missing items or components of any Item of Equipment.  Upon redelivery, Obligor shall provide any additional
documentation reasonably requested by Corporate Obligee, at Corporate Obligee’s cost, relating to the redelivery of or Corporate Obligee’s interest in each Item of Equipment.

            Section 6.2      
Storage.  For the purpose of delivering possession of any Item of Equipment to Corporate Obligee as above required, Obligor shall at its own cost, expense and risk cause each such Item of Equipment to be insured in accordance with Section 17 hereof and
stored at the Redelivery Location identified therefor by Corporate Obligee at the risk of Obligor without charge to Corporate Obligee or any Assignee for insurance, rent or storage until all such Items of Equipment have been sold, leased or otherwise disposed of by
Corporate Obligee; provided however, Obligor’s obligations under this Section 6.2 shall terminate with respect to each Item of Equipment on the 90th day after delivery of such Item to the Redelivery Location in the condition required by Section 6.1
hereof.

            Section 6.3.      Holdover
Equipment Payment.  Each Item of Equipment shall be deemed redelivered upon satisfaction of the obligations and conditions set forth in Section 6.1 hereof.  Until each such Item of Equipment has been returned to Corporate Obligee in the condition and as
otherwise provided in this Section 6, Obligor shall continue to pay Corporate Obligee, on the same dates on which an Equipment Payment for such Item was payable during the Term thereof 125% of the Equipment Payment for such Item that was payable on the last Payment
Date of the Term thereof; provided, that during such holdover period, Obligor shall use its best efforts to secure the return of the Equipment as required under this Section 6.  The provision for payment pursuant to this Section 6 shall not abrogate Corporate
Obligee’s right under this Section 6 to have such Equipment returned to it hereunder.

            Section 6.4.      Specific
Performance.  The provisions of this Section 6 are of the essence of this Equipment Agreement, and upon application to any court of equity having jurisdiction in the premises, Corporate Obligee shall be entitled to a decree against Obligor requiring specific
performance of the covenants of Obligor set forth in this Section 6.

            Section
7.         Payments.

                                    Section
7.1       Interim Equipment Payment.  Obligor hereby agrees to pay Corporate Obligee an Equipment Payment for each Item of Equipment on each Payment Date during the Interim Term therefor, in an amount equal to the sum of (a)
the Debt Amortization Payment due on such Payment Date for such Item (b) an amount calculated by multiplying the Outstanding Debt Amount for such Item immediately prior to such payment by the Applicable Debt Rate and (c) an amount calculated by multiplying the Equity
Component for such Item by the Equity Rate and in the case of clauses (b) and (c) for the number of days elapsed since the immediately preceding Payment Date, or in the case of the first payment of an Equipment Payment during the Interim Term, the Acceptance Date
thereof.

                                    Section
7.2.      Basic Equipment Payment.  Obligor hereby agrees to pay Corporate Obligee an Equipment Payment for each Item of Equipment on each Payment Date during the Basic Term therefor, in an amount equal to the sum of (a) the Debt
Amortization Payment due on such Payment Date for such Item (b) an amount calculated by multiplying the Outstanding Debt Amount immediately prior to such payment by the Applicable Debt Rate and (c) an amount
calculated by multiplying the Equity Component for such Item by the Equity Rate and in the case of clauses (b) and (c) for the number of days elapsed since the immediately preceding Payment Date, or in the case of the first payment of an Equipment Payment during the
Basic Term, the Basic Term Commencement Date thereof.

                        Section 7.3.      [Intentionally Deleted.]

                        Section 7.4.      Supplemental Payments.  Obligor
also agrees to pay to Corporate Obligee, or to whoever shall be entitled thereto as expressly provided herein, all Supplemental Payments, promptly as the same shall become due and owing, and in the event of any failure on the part of Obligor so
to pay any such Supplemental Payment hereunder Corporate Obligee shall have all rights, powers and remedies provided for herein or by law or equity or otherwise in the case of nonpayment of Equipment Payments.

                        Section 7.5.      Method of Payment.  All payments
of Equipment Payments and Supplemental Payments required to be made by Obligor to Corporate Obligee (or, in the case of Supplemental Payments, any other Person entitled thereto) shall be made in immediately available funds.  In the event of any assignment to an
Assignee pursuant to Section 14.2 hereof, all payments which are assigned to such Assignee, whether Equipment Payments, Supplemental Payments or otherwise, shall be paid in such manner as shall be designated by Corporate Obligee or such Assignee.  Subject to the
security assignment and the obligations of Obligor with respect thereto in Section 7 of the Participation Agreement, all payments of Equipment Payments required to be made by Obligor to Corporate Obligee hereunder shall be paid at the address or bank account as
Corporate Obligee may hereafter designate in writing to Obligor.  Time is of the essence in connection with the payment of Equipment Payments, and Supplemental Payments.

                        Section 7.6.      Applicable Debt Rate.  The
Applicable Debt Rate for each Item of Equipment shall be the LIBOR Rate then in effect for the Notes issued by Obligees under the Participation Agreement; provided however, upon the occurrence of any Illegality Event, the Applicable Debt Rate will be
the Alternate Rate as of the date interest on such Notes commences to accrue at the Applicable Debt Rate in accordance with Section 5.5.9 of the Participation Agreement.  At least three (3) Business Days before each Payment Date, Corporate Obligee or its
designee shall advise Obligor of the total amount due on such Payment Date.   Except as may otherwise be provided herein, no Equipment Payments or portion thereof may be prepaid.

                        Section 7.7.      [Intentionally Deleted.]

            Section
8.         Net Financing Agreement.  This Equipment Agreement is a net financing agreement.  Obligor acknowledges and agrees that its obligations hereunder, including, without limitation, its obligations to pay
Equipment Payments and all Supplemental Payments payablehereunder, shall be unconditional and irrevocable under any and all circumstances, shall not be subject to cancellation, termination, modification or repudiation by Obligor, and shall
be paid and performed by Obligor without notice or demand and without any abatement, reduction, diminution, setoff, defense, counterclaim or recoupment whatsoever, including, without limitation, any abatement, reduction, diminution, setoff, defense, counterclaim,
withholding orrecoupment due or alleged to be due to, or by reason of, any past, present or future claims which Obligor may have against Corporate Obligee, Owner Participant, Trust Company, any Assignee, any
Lender, any manufacturer or supplier of any Item of Equipment or any part thereof, or any other Person for any reason whatsoever, or any defect in any Item of Equipment or any part thereof, or the condition, design, operation or fitness for use thereof, any damage
to, or any loss or destruction of, any Item of Equipment or any part thereof, or any Liens or rights of others with respect to any Item of Equipment or any part thereof, or any prohibition or interruption of or other restriction against Obligor’s use,
operation, possession, maintenance, insurance, improvement or return of the Equipment or any Item thereof, for any reason whatsoever, or any interference with such use, operation or possession by any Person or entity, or any default by Corporate Obligee in the
performance of any of its obligations herein contained, or any other indebtedness or liability, howsoever and whenever arising, of Corporate Obligee, Trust Company or of any Assignee, or of Obligor to any other Person, or by reason of insolvency, bankruptcy or
similar proceedings by or against Corporate Obligee, Trust Company, any Assignee or Obligor, or for anyother reason whatsoever, whether similar or dissimilar to any of the foregoing, any present or future law to the contrary
notwithstanding; it being the intention of the parties hereto that all Equipment Payments and Supplemental Payments payable by Obligor hereunder shall continue to be payable in all events and in the manner and at the times herein provided, without notice or demand,
unless the obligation to pay the same shall be terminated pursuant to the express provisions of this Equipment Agreement.

            Section
9.         Grant of Security Interest; Equipment to be and Remain Personal Property. This Equipment Agreement is a financing agreement intended as security.  Obligor hereby grants, bargains, assigns, transfers,
conveys and pledges to Corporate Obligee a security interest in and Lien upon all of its right, title and interest in, to and under the Equipment, this Equipment Agreement, each Subsidiary Equipment Agreement and each Security Document to which it is a party and all
proceeds thereof as collateral security for the payment and performance by Obligor of Obligor’s obligations as Obligor under the Operative Documents.   For each Item of Equipment located in the United States, France, Germany or England, Obligor will,
at its own expense, make, execute, endorse, acknowledge, file and/or deliver to Corporate Obligee from time to time such confirmatory assignments, conveyances, financing and continuation statements, transfer endorsements, powers of attorney, notes, reports and other
assurances or instruments and take such further actions which are appropriate or advisable to perfect, preserve or protect Corporate Obligee’s security interest granted hereunder or which Corporate Obligee deems necessary or advisable in order to obtain the
full benefits of the Liens created or intended to be created hereunder, and will take such other actions reasonably requested by Corporate Obligee to effectuate the intent of the Operative Documents.  Obligor will pay all applicable filing fees and related
expenses.  It is the intention and understanding of both Corporate Obligee and Obligor, and Obligor shall take all such actions as may be required to assure, that the Equipment shall be and at all times remain personal property, notwithstanding the manner in
which the Equipment may be attached or affixed to realty.  Obligor shall obtain and record such instruments and take such steps as may be necessary to prevent any Person fromacquiring any rights in the Equipment by reason of the
Equipment being claimed or deemed to be real property.

            Section 10.       Use
of Equipment; Compliance with Laws.  Obligor agrees that each Item of Equipment will be used and operated solely in the conduct of its business or that of itsSubsidiaries in the manner for which it was
intended, in accordance with the license or certificate, if any, provided by the manufacturer thereof and in compliance with any and all insurance policy terms, conditions and provisions and with all Applicable Laws of any Governmental Entity applicable to the use
and operation of the Equipment, including, without limitation, environmental, noise and pollution laws (including notifications and reports).  Obligor shall procure and maintain in effect all licenses, registrations, certificates, permits, approvals and consents
required by federal, national, state or local laws or by any governmental body, agency or authority in connection with the ownership, delivery, installation, use and operation of each Item of Equipment, including, without limitation, those required by environmental,
noise and pollution laws (including notifications and reports) and including, in the case of any Item subject to titling and registration laws, all titles, registrations, registration plates, permits, licenses, and all renewals thereof.  Other than as expressly
set forth in the following sentence, no Item of Equipment shall be used or located at a location other than that identified therefor on the Related Equipment Agreement Supplement and in no event shall any Item of Equipment be used or located outside of the United
States, England, Wales, France, Switzerland, Germany, Hungary,Austria, Belgium, Denmark, Sweden or the Netherlands; provided, however, that Items of Equipment, the aggregate of the Acquisition Costs for which does not exceed
$1,500,000 may, subject to the prior written consent of the Corporate Obligee and the Majority Lenders, be located in Mexico.  Obligor shall use reasonable precautions to prevent loss or damage to each Item of Equipment from fire and other hazards.  Obligor
shall not permit any Item of Equipment to be used in any unlawful trade or in any manner that would violate any law that would expose such Item of Equipment to penalty, forfeiture or capture.

            Section 11.      
Maintenance and Repair of Equipment.  Obligor agrees, at its own cost and expense, to keep, repair, maintain, service and preserve the Equipment in good repair, operating and serviceable condition and shall keep the Equipment in order and condition equal
to or better than other equipment of the same type owned by Obligor, and in compliance with all requirements of law applicable to the maintenance and condition of the Equipment, including, without limitation, environmental, noise and pollution laws and regulations
(including notifications and reports) of any legislative, executive, administrative or judicial body exercising any power or jurisdiction over the Equipment, to the extent that such laws and rules affect the title, operation, maintenance or use of the Equipment, and
in the event that such laws or rules require any alteration, replacement or addition of or to any part on any Equipment, Obligor will conform therewith at its own expense.  With respect to any Item of Equipment which qualifies for or is subject to any
manufacturer’s maintenance, repair or warranty policy, such maintenance or repair will be only performed in a manner consistent with such policy.  Obligor agrees to prepare and deliver to Corporate Obligee and any Assignee within a reasonable time prior to
the required date of filing (or, to the extent permissible, file on behalf of Corporate Obligee and any Assignee) any and all reports (other than income tax returns) to be filed by Corporate Obligee or any Assignee with any Governmental Entity by reason of the
ownership by Corporate Obligee or any Assignee of the Items of Equipment or the leasingthereof to Obligor.  Obligor agrees to maintain all records, logs and other materials required by any Governmental Entity havingjurisdiction over the Items of Equipment or Obligor, to be maintained in respect of each Item of Equipment.  Obligor hereby waives any right now or hereafter conferred by law to make repairs on the Equipment at the expense of Corporate
Obligee.

            Section 12.      
Alterations; Modifications; Replacements.  In case any Item of Equipment (or any equipment, part or appliance therein) is required to be altered, added to, replaced or modified in order to comply with any laws, regulations, requirements or rules
(“Required Alteration”) pursuant to Sections 10 or 11 hereof, Obligor agrees to make such Required Alteration at its own expense and the same shall, without further act, immediately be and become the property of, and title shall vest in, Corporate
Obligee free and clear of all Liens other than Liens granted or placed thereon by Corporate Obligee or any Assignee pursuant to Section 14.2 hereof or other Permitted Liens and subject to the terms of this Equipment Agreement.  Obligor may make any optional
alteration to any Item of Equipment (“Optional Alteration”) provided such Optional Alteration does not impair the value, use or remaining useful life of such Item of Equipment.  In the event such Optional Alteration is readily removable
without impairing the value, use or remaining useful life of the Item of Equipment, and is not a part, item of equipment or appliance which replaces any part, item of equipment or appliance originally incorporated or installed in or attached to such Item of Equipment
on the Acceptance Date therefor or any part, item of equipment or appliance in replacement of or substitution for any such original part, item of equipment or appliance, any such Optional Alteration shall be and remain the property of Obligor.  To the extent
such Optional Alteration isnot readily removable without impairing the value, use or remaining useful life of the Item of Equipment to which such Optional Alteration has been made, or is a part, item of equipment or appliance which replaces
any part, item of equipment or appliance originally incorporated or installed in or attached to such Item of Equipment on the Acceptance Date therefor or any part, item of equipment or appliance in replacement of or substitution for any such original part, item of
equipment or appliance, the same shall, without further act, immediately be and become the property of, and title shall vest in, Corporate Obligee free and clear of all Liens other than Liens granted or placed thereon by Corporate Obligee or any Assignee pursuant to
Section 14.2 hereof and subject to the terms of this Equipment Agreement.  Any parts installed or replacements made by Obligor upon any Item of Equipment pursuant to its obligation to maintain and keep the Equipment in good and serviceable operating condition
and repair under Section 11 hereof shall be considered accessions to such Item of Equipment and title thereto or security interest therein shall be immediately vested in Corporate Obligee.  Except as required or permitted by the provisions of this Section 12,
Obligor shall not modify an Item of Equipment without the prior written authority and approval of Corporate Obligee.  Subject to the prior written consent of Corporate Obligee and the Majority Lenders (which consent shall be at the sole and absolute discretion
of each of Corporate Obligee and the Majority Lenders) and on terms acceptable to such Persons, Obligor may from time to time replace an Item of Equipment with other equipment.

            Section 13.      
Identification Marks; Inspection.  Obligor shall use commercially reasonable efforts to keep and maintain, plainly, distinctly and conspicuously marked on each Item, the words “Financed by BTM Capital Corporation, subject to a security interest in
favor of Bank of Tokyo-Mitsubishi Trust Company as Security Trustee” or other appropriate words designated by Corporate Obligee, with appropriate changes thereof and additions thereto as from time to time may be required by law in order to protect Corporate
Obligee’s and any Assignee’sinterests in such Item and the rights of Corporate Obligee and of any Assignee unless the size orcharacteristics of such Item would make such obligation unduly burdensome or
commercially impracticable.  Obligor shall not allow the name of any Person, to be placed upon any Item of Equipment as a designation that might be interpreted as indicating a claim of ownership thereto or a security interest therein by any Person other than
Corporate Obligee or any Assignee.  Uponthe request of Corporate Obligee, Obligor shall (i) make the Equipment and Obligor’s books, records and accounts available to Corporate Obligee, Assignee or any of their designees for
inspection and, for the purpose of inspecting any Items of Equipment for which Obligor’s end of term transfer option set forth in Section 25.2 has expired, such inspection may include, the use of photographic and video equipment and (ii) make a good faith
effort to discuss with Corporate Obligee or its designees from time to time as Corporate Obligee or its designees deem reasonably necessary the Obligor’s affairs, finances and accounts.  If Obligor does not elect to renew this Equipment Agreement and does
not elect to acquire rights and interests in the Equipment in accordance with the provisions and deadlines contained herein, Obligor shall, at any time prior to thirty (30) days prior to the Termination Date, permit Corporate Obligee or any designee thereof to
inspect each Item of Equipment in full operation.  The location for the inspection or demonstration of any Item of Equipment shall be the location designated for such Item on the Related Equipment Agreement Supplement; provided, however, if at the time of
Corporate Obligee’s or Assignee’s request an Equipment Agreement Event of Default has occurred and is continuing, Obligor shall make the Equipment available to Corporate Obligee or Assignee for inspection at a location in the United States or Europe
reasonably determined by Corporate Obligee.

            Section 14.      
Assignment and Leasing.

                                    Section
14.1     By Obligor.  EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN SECTION 9 OR THIS SECTION 14.1, OBLIGOR WILL NOT, WITHOUT THE PRIOR WRITTEN CONSENT OF CORPORATE OBLIGEE, LEASE ANY ITEM OF EQUIPMENT, OR ASSIGN, TRANSFER OR ENCUMBER ITS
RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER.  ANY ATTEMPTED LEASE IN VIOLATION HEREOF AND ANY ASSIGNMENT, TRANSFER OR ENCUMBERING BY OBLIGOR OF ITS RIGHTS, INTERESTS OR OBLIGATIONS HEREUNDER IN VIOLATION HEREOF SHALL BE NULL AND VOID.  Obligor may, without
Corporate Obligee’s consent, lease any Item of Equipment to Subsidiaries of Obligor in the ordinary course of business.  Any such lease or financing agreement (together will all amendments, modifications and supplements thereto, a “Subsidiary
Equipment Agreement”) shall be, and shall expressly state that it is, subject and subordinate in all respects to this Equipment Agreement and the rights of Corporate Obligee (and any Assignee) hereunder including Corporate Obligee’s right to
possession of the Equipment upon an Equipment Agreement Event of Default, shall prohibit subleasing, shall not have a term that may exceed the remaining portion of the Term of such Item of Equipment, and shall be secured by a first priority security interest granted
by such Subsidiary in favor of Obligor, which security interest shall be a perfected security interest for all Equipment located in the United States.  Obligor and Corporate Obligee hereby acknowledge and agree that Obligor leased certain
of the Original Equipment to certain of its Subsidiaries under Subsidiary Equipment Agreements in accordance with the terms of the Original Equipment Agreement and that Obligor shall amend such Subsidiary Equipment Agreements within ten (10) days hereof to the extent
necessary as a result of the amendments, assignments and assumptions that occurred on the Restructuring Date.  Obligor shall promptly deliver to Security Trustee the original counterpart of each Subsidiary Equipment Agreement and shall provide prompt notice to
Corporate Obligee (including the name and address of the lessee) of any lease or sublease to or financing agreement with a third party having a term coterminous with the then current Term of the Items of Equipment subject to such lease, sublease or financing
agreement.  Obligor shall deliver a certified schedule of all such leases, subleases and financing agreements to Corporate Obligee by March 31 and September 30 of each year during the Term that were in effect
at any time during the preceding calendar year and otherwise at Corporate Obligee’s reasonable request.  No such leasing by Obligor will reduce any of the obligations of Obligor hereunder or the rights of Corporate Obligee (and any Assignee) hereunder, and
all of the obligations of Obligor hereunder shall be and remain primary and shall continue in full force and effect as the obligations of a principal and not of a guarantor or surety.

                                    Section
14.2     By Corporate Obligee.  Corporate Obligee may sell, assign, transfer or grant a security interest in all or any part of Corporate Obligee’s rights, obligations, title or interest in, to and under the Equipment or any
Item(s) thereof, this Equipment Agreement, any Equipment Agreement Supplement and/or any Equipment Payment and Supplemental Payments payable under this Equipment Agreement or any Equipment Agreement Supplement without Obligor’s consent. Any entity to whom any
such sale, assignment, transfer or grant of security interest is made is herein called an “Assignee” and any such sale, assignment, transfer or grant of security interest is herein called an “assignment”.  An Assignee may re-assign and/or
grant a security interest in any of such rights, obligations, title or interest assigned to such Assignee without Obligor’s consent.  Obligor agrees to execute related acknowledgments and other documents that may be reasonably requested by Corporate
Obligee or an Assignee.  Each Assignee shall have and may enforce all of the rights and benefits of Corporate Obligee hereunder with respect to the Item(s) of Equipment and related Equipment Agreement Supplement(s) covered by the assignment, including, without
limitation, the provisions of Section 8 hereof.  Each such assignment shall be subject to Obligor’s rights hereunder so long as no Equipment Agreement Event of Default has occurred and is continuing.  Obligor shall be under no obligation to any
Assignee except upon written notice of such assignment from Corporate Obligee or, in the case of a reassignment, from the Assignee.  Upon written notice to Obligor of an assignment in accordance with this Section 14.2, Obligor agrees
to pay the Equipment Payments and Supplemental Payments with respect to the Item(s) of Equipment covered by such assignment to such Assignee in accordance with the instructions specified in such notice without any abatement, defense, setoff, counterclaim or
recoupment whatsoever, and to otherwise comply with all notices, directions and demands which may be given by Corporate Obligee or such Assignee with respect to such Item(s), in accordance with the provisions of this Equipment Agreement. Notwithstanding any such
assignment, all obligations of Corporate Obligee to Obligor under this Equipment Agreement shall be and remain enforceable by Obligor against Corporate Obligee and any Assignee to whom an assignment has been made.

                                    Section
14.3.    Registration.  This Equipment Agreement is a registered instrument.  Corporate Obligee will establish and maintain registration books in which it will register, and register any assignment effected in compliance with Section
14 hereof of, each of Corporate Obligee’s and Obligor’s interest in this Equipment Agreement or any portion thereof and which identifies each registered holder of any interest in this Equipment Agreement or any portion
thereof.  No transfer by Corporate Obligee or Obligor of any interest in this Equipment Agreement shall be effective unless and until such transfer is made upon the registration books maintained by Corporate Obligee.

            Section 15.      
Liens.  Obligor will not directly or indirectly create, incur, assume or suffer to exist any Lien on or with respect to (a) any Item of Equipment or any part thereof,Corporate Obligee’s title thereto, or any interest
therein or proceeds thereof, or (b) this EquipmentAgreement or any of Corporate Obligee’s interests hereunder, except (i) Permitted Liens or (ii) any Lien granted or placed thereon by Corporate Obligee, any Lender, or any Assignee
pursuant to Section 14.2 hereof or any Person with a claim against Corporate Obligee or any Assignee.  Obligor, at its own expense, will promptly pay, satisfy and otherwise take such actions as may be necessary to keep this Equipment Agreement and each Item of
Equipment free and clear of, and to duly discharge or eliminate or bond in a manner satisfactory to Corporate Obligee and each Assignee, any such Lien not excepted above if the same shall arise at any time. Obligor will notify Corporate Obligee and each Assignee in
writing promptly upon becoming aware of any tax or other Lien (other than any Lien excepted above) that shall attach to the Equipment or any Item of Equipment, and of the full particulars thereof.

            Section 16.      
Loss, Damage or Destruction.

                                    Section
16.1.    Risk of Loss, Damage or Destruction.  Obligor hereby assumes all risk of loss, damage, theft, taking, destruction, confiscation, requisition or commandeering, partial or complete, of or to each Item of Equipment, however caused or
occasioned, such risk to be borne by Obligor with respect to each Item of Equipment from the date of this Equipment Agreement, and continuing until such Item of Equipment has been returned to Corporate Obligee in accordance with the provisions of Section 6 hereof,
the rights and interests in which have been transferred to Obligor in accordance with the provisions of Sections 25.2 or 25.4 hereof, or has been sold in accordance with Section 25.3 hereof.  Obligor agrees that no occurrence specified in the preceding sentence
shall impair, in whole or in part, any obligation of Obligor under this Equipment Agreement, including, without limitation, the obligation to pay Equipment Payments.

                                    Section
16.2.    Payment of Casualty Loss Value Upon an Event of  Loss.  If an Event of Loss occurs with respect to an Item of Equipment during the Term thereof, Obligor shall give Corporate Obligee prompt written notice thereof and shall pay
to Corporate Obligee on the corresponding Casualty Loss Value Payment Date the sum of (a) all unpaid Equipment Payments payable for such Item of Equipment for the entire Equipment Payment Period in which the Event of Loss has occurred, plus (b)
the Casualty Loss Value of such Item of Equipment determined as of the Casualty Loss Value Payment Date, plus (c) all other Supplemental Payments due for such Item of Equipment as of the date of payment of the amounts specified in the foregoing clauses (a) and
(b).  Any payments received at any time by Corporate Obligee or by Obligor from any insurer or other party (except Obligor) as a result of the occurrence of such Event of Loss will be applied in reduction of Obligor’s obligation to pay the foregoing
amounts, if not already paid by Obligor, or, if already paid by Obligor, will be applied to reimburse Obligor for its payment of such amount, unless an Equipment Agreement Event of Default shall have occurred and be continuing.  Upon
payment in full of such Casualty Loss Value, Equipment Payments and Supplemental Payments, (a) the obligation of Obligor to pay Equipment Payments hereunder with respect to such Item of Equipment shall terminate and the Term of such Item shall terminate, and (b)
Corporate Obligee shall renounce all title and rights to such Item of Equipment.

                                    Section
16.3.    Application of Payments Not Relating to an Event of Loss.  Any payments (including, without limitation, insurance proceeds) received at any time by Corporate Obligee or Obligor from
any Governmental Entity or other party with respect to any loss or damage to any Item or Items of Equipment not constituting an Event of Loss, will be applied directly in payment of repairs or for replacement of property in accordance with the provisions of Sections
11 and 12 hereof, if not already paid by Obligor, or if already paid by Obligor and no Equipment Agreement Event of Default shall have occurred and be continuing, shall be applied to reimburse Obligor for such payment, and any balance remaining after compliance with
the provisions of said Sections with respect to such loss or damage shall be retained by Obligor.  If any Equipment Agreement Event of Default shall have occurred and is continuing, all payments hereunder shall be paid to Corporate Obligee or its Assignee in
accordance with Section 14.2 hereof.

            Section 17.      
Insurance.  Obligor will cause to be carried and maintained, at its sole expense, with respect to each Item of Equipment at all times during the Term thereof and for the geographic area in which such Item is at any time located and until such Item of
Equipment has been returned to Corporate Obligee pursuant to Section 6 hereof, the rights and interests therein have been transferred to Obligor pursuant to Section 25.2 or 25.4 hereof or sold to a third party pursuant to Section 25.3.2 hereof (a) physical damage
insurance (including theft and collision insurance) insuring against all risks of physical loss or damage to the Equipment (“Property Insurance”), in an amount not less than the greater of the Casualty Loss Value of such Item of Equipment and the
replacement value of the Equipment, and (b) insurance against liability for bodily injury, death and property damage resulting from the use and operation of the Equipment (including sudden and accidental environmental pollution coverage) (“Liability
Insurance”) in an amount not less than $25,000,000 per occurrence, but in no event shall the insurance coverage described in clauses (a) and (b) above provide less coverage than the insurance coverage on any other similar equipment owned or leased by
Obligor.  The insurance coverage described in the preceding sentence shall have deductibles no greater than those applicable to insurance on similar equipment owned or leased by Obligor.  Such Property Insurance policy or policies will name Obligor and
Corporate Obligee as the sole loss payees and Corporate Obligee and each Assignee as additional insureds. Such Liability Insurance policy or policies will name each Obligor Indemnified Person as an additional insured.  All such policies will provide that the
insurers waive any claim for premiums and any right of subrogation or setoff against the Obligor Indemnified Parties and thatthe same may not be invalidated against any Obligor Indemnified Person by reason of any violation of a condition or
breach of warranty of the policies or the application therefor by Obligor, that the policies may be canceled or materially altered or reduced in coverage (except as otherwise permitted under the terms of this Equipment Agreement) by the insurer only after thirty (30)
days’ prior written notice from Obligor’s insurance broker to Corporate Obligee, Trust Company, Owner Participant and each Assignee, and that the insurer will give written notice to Corporate Obligee, Trust Company, Owner Participant, Agent and each
Assignee in the event of nonpayment of premium by Obligor whendue. The policies of insurance required under this Section 17 shall be valid and enforceable policies issued by insurers of recognized responsibility and shall provide coverage
with respect to incidents occurring anywhere in the United States or Canada or Europe.  In the event that any of such Liability Insurance policies shall now or hereafter provide coverage on a “claims‐made” basis, Obligor shall continue to
maintain such policies in effect for a period of not less than three (3) years after the expiration of the Term of the last Item of Equipment financed hereunder.  Upon the execution of this Equipment Agreement and thereafter not less than thirty (30) days prior
to the expiration dates of any expiring policies required under this Section 17,Obligor shallfurnish Corporate Obligee with certificates of the insurance coverage required by this Section 17.  If requested by
any Obligor Indemnified Person in connection with a claim made or any suit, action or proceeding brought against any Obligor Indemnified Person, copies of the policies evidencing such insurance coverage, shall be delivered by Obligor to such Obligor Indemnified
Person. Any certificate of insurance issued with respect to a blanket policy covering other equipment not subject to this Equipment Agreement shall specifically describe the Equipment as being included therein and covered thereby to the full extent of the coverages
and amounts required hereunder.  If Obligor shall fail to cause the insurance required under this Section 17 to be carried and maintained, Corporate Obligee, Trust Company, Owner Participant, any Lender or any Assignee may, but shall not be required to, provide
such insurance and Obligor shall reimburse Corporate Obligee, Trust Company, Owner Participant, any Lender or any such Assignee, as the case may be, upon demand for the cost thereof as a Supplemental Payment hereunder together with interest thereon at the Overdue
Rate from the date such cost was incurred.

            Section 18.       NO
CORPORATE OBLIGEE WARRANTIES.  CORPORATE OBLIGEE HEREBY FINANCES THE EQUIPMENT FOR OBLIGOR AS‐IS WHERE-IS, WITH ALL FAULTS AND IN WHATEVER CONDITION IT MAY BE IN, AND EXPRESSLY DISCLAIMS AND MAKES NO REPRESENTATION OR WARRANTY, EITHER EXPRESSED OR
IMPLIED, AS TO THE DESIGN, CONDITION, QUALITY, CAPACITY, MERCHANTABILITY, DURABILITY, SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF, OR ANY OTHER MATTER CONCERNING, THE EQUIPMENT.  OBLIGOR HEREBY WAIVES ANY CLAIM (INCLUDING ANY CLAIM BASED ON STRICT OR
ABSOLUTE LIABILITY IN TORT OR INFRINGEMENT) IT MIGHT HAVE AGAINST CORPORATE OBLIGEE OR OWNER PARTICIPANT FOR ANY LOSS, DAMAGE (INCLUDING INCIDENTAL OR CONSEQUENTIAL DAMAGE) OR EXPENSE CAUSED BY THE EQUIPMENT OR BY OBLIGOR’S LOSS OF USE THEREOF FOR ANY REASON
WHATSOEVER, INCLUDING COMPLIANCE WITH ENVIRONMENTAL LAWS (WHICH ITEMS OF EQUIPMENT, OBLIGOR ACKNOWLEDGES, WERE SELECTED BY OBLIGOR ON THE BASIS OF ITS OWN JUDGMENT WITHOUT RELIANCE ON ANY STATEMENTS, REPRESENTATIONS, GUARANTIES OR WARRANTIES MADE BY CORPORATE
OBLIGEE).

            Section 19.      
Assignment of Manufacturer Warranties.  So long and only so long as an Equipment Agreement Event of Default shall not have occurred and be continuing, and so long and only so long as the Equipment shall be subject to this Equipment Agreement and Obligor
shall be entitled to possession of the Equipment hereunder, Corporate Obligee authorizes Obligor, at Obligor’s expense, to assert for Corporate Obligee’s account, all rights and powers of Corporate Obligee under any manufacturer’s, vendor’s or
dealer’s warranty on the Equipment orany part thereof and Corporate Obligee agrees to use reasonable efforts at Obligor’s expense to assist Obligor in obtaining the benefits of such warranties; provided, however,
that Obligor shall indemnify, protect, save, defend and hold harmless Corporate Obligee from and against any and all claims, and all costs, expenses, damages, losses and liabilities incurred or suffered by Corporate Obligee in connection therewith, as a result of, or
incident to, any action by Obligor pursuant to the foregoing authorization. 

            Section 20.      
Events of Default.  Any of the following events shall constitute an Equipment Agreement Event of Default:

                                   
(a)        Obligor shall fail to make any payment of an Equipment Payment within five (5) days after the same is due and payable or any Supplemental Payment within fifteen (15) days after the same is due and payable; or

                                   
(b)        Obligor shall fail to observe or perform any of the covenants, agreements or obligations of Obligor set forth in the Sections 14.1 or 17 hereof or in Section 6.7 of the Participation Agreement; or

                                    (c) Obligor
shall fail to perform or observe any other covenant, condition, or agreement to be performed or observed by it under this Equipment Agreement, any Equipment Agreement Supplement, the Participation Agreement, or in any agreement or certificate furnished to Original
Obligee, Corporate Obligee or any Assignee in connection herewith or therewith, and such failure shall continue unremedied for thirty (30) days after written notice to Obligor specifying such failure and demanding the same to be remedied; or

                                   
(d)        (i) Obligor shall default under the Multi-Currency Credit Agreement, or (ii) Obligor shall default under any agreements or instruments relating to any Indebtedness or Material Obligations of Obligor, or any other event
shall occur and shall continue after the applicable notice requirements or grace period, if any, specified in such agreements or instruments, but only if (x) such default is a payment default that occurs upon the scheduled maturity of such Indebtedness or Material
Obligations or (y) the effect of such default or event is to permit the acceleration of the maturity of such Indebtedness or Material Obligations and in either the case of (x) or (y), the aggregate principal amount of all such Indebtedness or Material Obligations is
equal to or greater than $25,000,000, or (iii) any one or more Subsidiaries of Obligor shall default under any agreements or instruments relating to any Indebtedness or Material Obligations of such Subsidiary or Subsidiaries, or any other event shall occur and shall
continue after the applicable grace period, if any, specified in such agreements or instruments, but only if (x) such default is a payment default that occurs upon the scheduled maturity of such Indebtedness or Material Obligations or (y) the effect of such default
or event is to accelerate the maturity of such Indebtedness or Material Obligations and in either the case of (x) or (y), the aggregate principal amount of all such Subsidiary Indebtedness or Subsidiary Material Obligations is equal to or greater than $25,000,000;
or

                                   
(e)        Obligor shall become insolvent; or Obligor or any Subsidiary thereof shall make an assignment for the benefit of creditors or consent to the appointment of a trustee or receiver; or a trustee or a receiver shall be
appointed for Obligor or any Subsidiary thereof or for a substantial part of the property of Obligor or any Subsidiary thereof without its consent and shall not be dismissed for a period of sixty (60) days; or any petition for the relief, reorganization or
arrangement of Obligor or any Subsidiary thereof or any other petition in bankruptcy or for the liquidation, insolvency or dissolution of Obligor or any Subsidiary thereof, shall be filed by or against Obligor or any Subsidiary thereof and, if filed against Obligor
or any Subsidiary thereof, shall be consented to or be pending and not dismissed for a period of sixty (60) days, or an order for relief under any bankruptcy or insolvency law shall be entered by any court or Governmental Entity of competent jurisdiction with respect
to Obligor or any Subsidiary thereof; or any execution or writ or process shall be issued under any action or proceeding against Obligor or any Subsidiary thereof whereby any of the Equipment may be taken or restrained and such execution or writ or process is not
stayed within sixty (60) days; or Obligor’s corporate existence shall cease; or

                                   
(f)         any representation, warranty, statement or certification made by Obligor under this Equipment Agreement, in any Equipment Agreement Supplement, the Participation Agreement or in any document or certificate furnished
to Original Obligee, Corporate Obligee or any Assignee in connection herewith or therewith, or pursuant hereto or thereto, shall prove to be untrue or incorrect when made (or deemed made) except for inaccuracies or misstatements when made (or deemed made) that would
not have a material effect on Obligor’s ability to fulfill its obligations under this Equipment Agreement or the Participation Agreement; or

                                   
(g)        final judgments or orders for the payment of money in the aggregate in excess of $25,000,000 shall be rendered against Obligor or any Subsidiary and Obligor or such Subsidiary shall not discharge the same or provide for
its discharge in accordance with its terms, or procure a stay of execution thereof, within sixty (60) days after the date of entry thereof and within said period of sixty (60) days (or such longer period during which execution of such judgment shall have been stayed)
appeal therefrom and cause the execution thereof to be stayed during such appeal;

            Section 21.      
Remedies Upon Default.  Upon the occurrence of any Equipment Agreement Event of Default and at any time thereafter so long as the same shall be continuing, Corporate Obligee may (except in the case of an Equipment Agreement Event of Default of the type
described in Section 20(e) hereof, in which case Corporate Obligee shall be deemed automatically without further act to have elected the remedy set forth in clause (d) below) exercise one or more of the following remedies as Corporate Obligee in its sole discretion
shall elect:

                                   
(a)        Corporate Obligee may terminate or cancel this Equipment Agreement, without prejudice to any other remedies of Corporate Obligee hereunder, with respect to all or any Item of Equipment, and whether or not this Equipment
Agreement has been so terminated, may enter the premises of Obligor, subject to Obligor’s normal safety and security concerns, including standard confidentiality requirements, or any other party to take immediate possession of the Equipment and remove all or
any Item of Equipment by summary proceedings or otherwise, or may cause Obligor, at Obligor’s expense, to store, maintain, surrender and deliver possession of the Equipment or such Item in the same manner as provided in Section 6 hereof;

                                   
(b)        Corporate Obligee may hold, keep idle or lease to others the Equipment or any Item of Equipment, as Corporate Obligee in its sole discretion may determine, free and clear of any rights of Obligor and without any duty to
account to Obligor with respect to such action or inaction or for any proceeds with respect thereto, except that Obligor’s obligation to pay Equipment Payments for any Equipment Payment Periods commencing after Obligor shall have been deprived of possession
pursuant to this Section 21 shall be reduced by the net proceeds, if any, received by Corporate Obligee from leasing the Equipment or such Item to any Person other than Obligor for the same Equipment Payment Periods or any portion thereof;

                                   
(c)        Corporate Obligee may sell the Equipment or any Item of Equipment at public or private sale as Corporate Obligee may determine, free and clear of any rights of Obligor, and Obligor shall pay to Corporate Obligee, as
liquidated damages for loss of a bargain and not as a penalty (in lieu of the Equipment Payments due for the Equipment or Item(s) so sold for any Equipment Payment Period commencing after the date on which such sale occurs), the sum of (i) all unpaid Equipment
Payments payable for each Item of Equipment for all Equipment Payment Periods through the date on which such sale occurs, plus (ii) an amount equal to the excess, if any, of (x) the Casualty Loss Value of the Item(s) of Equipment so sold, computed as of the Payment
Date coincident with or next preceding the date of such sale, over (y) the net proceeds of such sale, plus interest at the rate specified in Section 23 hereof on the amount of such excess from the Payment Date as of which such Casualty Loss Value is computed until
the date of actual payment, plus (iii) all unpaid Supplemental Payments due with respect to each Item of Equipment so sold;

                                   
(d)        whether or not Corporate Obligee shall have exercised, or shall thereafter at any time exercise, any of its rights under subsection (a) or (b) above with respect to any Item(s) of Equipment, Corporate Obligee, by written
notice to Obligor specifying a payment date, may demand that Obligor pay to Corporate Obligee, and Obligor shall pay to Corporate Obligee, on the payment date specified in such notice, as liquidated damages for loss of a bargain and not as a penalty (in lieu of the
Equipment Payment due for any Item(s) of Equipment for any Equipment Payment Period commencing after the payment date specified in such notice and in lieu of the exercise by Corporate Obligee of its remedies under subsection (b) above in the case of a re‐lease
of such Item(s) or under subsection (c) above with respect to a sale of such Item(s)), the sum of (i) all unpaid Equipment Payments payable for such Item(s) for all Equipment Payment Periods through the payment date specified in such notice, plus (ii) all unpaid
Supplemental Payments due with respect to such Item(s) as of the payment date specified in such notice, plus (iii) an amount equal to any Prepayment Premium owed or paid by Corporate Obligee to Lender as a result of Equipment Agreement Event of Default, plus (iv) an
amount, with respect to each such Item, equal to the Casualty Loss Value of such Item(s) computed as of the Payment Date coincident with or next preceding the payment date specified in such notice; provided, however, that with respect to any such
Item(s) returned to or repossessed by Corporate Obligee, the amount recoverable by Corporate Obligee pursuant to the foregoing shall be reduced (but not below zero) by an amount equal to the fair market sales value of such Item(s) as of the date on which Corporate
Obligee has obtained possession of such Item(s); and

                                   
(e)        Corporate Obligee may exercise any other right or remedy which may be available to it under Applicable Law or proceed by appropriate court action to enforce the terms hereof or to recover damages for the breach hereof or
to rescind this Equipment Agreement.

In addition, Obligor shall be liable for all costs and expenses, including reasonable attorney’s fees, incurred by Corporate Obligee or any Assignee by reason of the occurrence of any Equipment Agreement Event of Default
or the exercise of Corporate Obligee’s remedies with respect thereto, including all reasonable costs and expenses incurred in connection with the return of the Equipment in accordance with Section 6 hereof or in placing the Equipment in the condition required
by said Section. For the purpose of subsection (d) above, the “fair market sales value” of any Item of Equipment shall mean such value as has been determined by an independent qualified appraiser selected jointly by Corporate Obligee and Obligor and in
the absence of agreement on an independent qualified appraiser, each of Corporate Obligee and Obligor shall select an appraiser who together shall select the independent qualified appraiser.  Except as otherwise expressly provided above, no remedy referred to in
this Section 21 is intended to be exclusive, but each shall be cumulative and in addition to any other remedy referred to above or otherwise available to Corporate Obligee at law or in equity; and the exercise or beginning of exercise by Corporate Obligee of any one
or more of such remedies shall not constitute the exclusive election of such remedies and shall not preclude the simultaneous or later exercise by Corporate Obligee of any or all of such other remedies.  No express or implied waiver by Corporate Obligee of any
Equipment Agreement Event of Default shall in any way be, or be construed to be, a waiver of any future or subsequent Equipment Agreement Event of Default.  To the extent permitted by Applicable Law, Obligor hereby waives any rights now or hereafter conferred by
statute or otherwise which may require Corporate Obligee to sell, lease or otherwise use the Equipment in mitigation of Corporate Obligee’s damages as set forth in this Section 21 or which may otherwise limit or modify any of Corporate Obligee’s rights
and remedies in this Section 21.

            Section 22.      
Corporate Obligee’s Right to Perform for Obligor.  If Obligor fails to make any Supplemental Payment required to be made by it hereunder or fails to perform or comply with any of its agreements contained herein, Corporate Obligee may itself, after
notice to Obligor, make such payment or perform or comply with such agreement, and the amount of such payment and the amount of the reasonable expenses of Corporate Obligee incurred in connection with such payment or the performance of or compliance with such
agreement, as the case may be, together with interest thereon at the rate specified in Section 23 hereof, shall, if not paid by Obligor to Corporate Obligee on demand, be deemed a Supplemental Payment hereunder;  provided, however, that no such payment,
performance or compliance by Corporate Obligee shall be deemed to cure any Equipment Agreement Event of Default hereunder.

            Section 23.       Late
Charges.  Obligor shall pay to Corporate Obligee, upon demand, to the extent permitted by Applicable Law, interest on any installment of an Equipment Payment not paid when due, and on any Supplemental Payment or other amount payable under this Equipment
Agreement which is not paid when due, for any period for which any of the same is overdue (without regard to any grace period) at a rate equal to the lesser of (a) the Overdue Rate and (b) the maximum rate of interest permitted by law.

            Section 24.      
Notices.  All notices provided for or required under the terms and provisions hereof shall be given in accordance with Section 10.4 of the Participation Agreement.

            Section 25.      
Obligor’s Renewal and Transfer Options.

                                    Section
25.1     Obligor’s Renewal Option.  If no Equipment Agreement Event of Default shall have occurred and be continuing and this Equipment Agreement shall not have been earlier terminated, Obligor shall be
entitled, at its option, to renew this Equipment Agreement with respect to all but not less than all Items of Equipment then subject to this Equipment Agreement, up to the number of Renewal Terms specified on the Related Exhibit A. 
The first Renewal Term with respect to each such Item of Equipment will commence at the expiration of the Basic Term of such Item, and each succeeding Renewal Term will commence at the expiration of the next preceding Renewal Term.  All of the provisions of this
Equipment Agreement, including the Applicable Debt Rate, shall be applicable during each Renewal Term for each such Item of Equipment.  Obligor hereby agrees to pay Corporate Obligee an Equipment Payment for each Item of Equipment
during each Renewal Term for which Obligor exercises its renewal option therefor in an amount equal to the sum of (a) the Debt Amortization Payment due on such Payment Date for such Item (b) an amount calculated by multiplying the Outstanding Debt Amount immediately
prior to such payment by the Applicable Debt Rate and (c) an amount calculated by multiplying the Equity Component for such Item by the Equity Rate, and in the case of clauses (b) and (c), such amounts shall be multiplied by a fraction, the numerator of which is the
number of days elapsed since the immediately preceding Payment Date, and the denominator of which is 360.  If, with respect to any Renewal Term, Obligor intends to not exercise said renewal option, Obligor shall give written notice to Corporate Obligee to such
effect at least 180 days prior to the expiration of the Basic Term of the Item(s) of Equipment whose Renewal Term first expires hereunder, in the case of the first Renewal Term, and at least 180 days prior to the expiration of the then current Renewal Term of the
Item(s) of Equipment whose Basic Term first expires hereunder, in the case of the then next succeeding Renewal Term.  If Obligor fails to give such written notice to Corporate Obligee with respect to any of said Renewal Terms, it shall be conclusively presumed
that Obligor has irrevocably elected to exercise said renewal option with respect to all Items of Equipment for said Renewal Term.  In the event Obligor elects not to exercise said renewal option with respect to all Items of Equipment (unless Corporate Obligee
has otherwise agreed in writing or Obligor has exercised its transfer option under Section 25.2 hereof or its early transfer option pursuant to Section 25.4 hereof), each Item of Equipment shall be returned to Corporate Obligee in accordance with the provisions of
Section 6 hereof (unless delivered to a bidder in accordance with Section 25.3 hereof) and until each such Item has been so returned or delivered Obligor shall continue to pay Corporate Obligee the Equipment Payment for each such Item as specified in Section 6.3
hereof.

                                    Section
25.2     Obligor’s End of Term Transfer Option.  On any Termination Date, if (a) no Equipment Agreement Event of Default shall have occurred and be continuing, and (b) this Equipment Agreement shall not have been earlier
terminated, Obligor shall be entitled, at its option, upon written notice to Corporate Obligee, as hereinafter provided, to acquire all, but not less than all, of Corporate Obligee’s rights and interests in the Items of Equipment the Term for which is scheduled
to expire (if not otherwise renewed in accordance with Section 25.1 hereof) on such Termination Date for an amount (the “Transfer Option Amount”), with respect to each Item of Equipment, payable in immediately available funds, equal to the sum of
(i) the aggregate of the Estimated Residual Values of such Items of Equipment applicable to the Basic Term or Renewal Term thereof then ending, plus (ii) the Equipment Payment due and payable for such Items of Equipment on the Termination Date, plus (iii) any
applicable sales, excise or other Taxes imposed as a result of such sale (other than gross or net income taxes attributable to such sale), plus (iv) any Supplemental Payments then due and owing to any Person. Corporate Obligee’s sale of
each Item of Equipment shall be on an as-is, where-is basis, without any representation or warranty by, or recourse to, Corporate Obligee.  If Obligor intends to exercise said transfer option, Obligor shall give written notice to Corporate Obligee to such effect
at least thirty (30) days prior to the expiration of the Basic Term, or, if Obligor has renewed this Equipment Agreement pursuant to Section 25.1 hereof, then at least thirty (30) days prior to the expiration
of the then current Renewal Term.  If Obligor gives such written notice to Corporate Obligee, such notice shall constitute a binding obligation of Obligor to pay Corporate Obligee the Transfer Option Amount with respect thereto on the Termination Date
thereof.

                                    Section
25.3     Third Party Sale of Equipment.

25.3.1        Remarketing Obligations.  In the event Obligor does not exercise its option to acquire Corporate Obligee’s rights and interests in all the Equipment pursuant
to this Section and does not renew this Equipment Agreement, then Obligor shall have the obligation during the last 180 days of the Basic Term, or the then current Renewal Term, if applicable (the “Remarketing Period”), to solicit bona fide bids
for not less than all Items of Equipment from prospective purchasers who are financially capable of purchasing such Items of Equipment for cash on an as-is, where-is basis, without recourse or warranty.  Any bid received by Obligor prior to the end of the
Remarketing Period shall be immediately communicated to Corporate Obligee and Owner Participant in writing, setting forth the amount of such bid and the name and address of the person or entity submitting such bid. Notwithstanding the foregoing, Corporate Obligee
shall have the right, but not the obligation, to seek bids for the Equipment during the Remarketing Period.

25.3.2        Sale of Equipment to Third Party Buyer.  On the Termination Date, provided that all the conditions set forth in Section 25.3.1 and in clauses (a) and (b)
below have been met, Corporate Obligee shall sell (or cause to be sold) all Items of Equipment, for cash to the bidder, if any, who shall have submitted the highest bid during the Remarketing Period on an as-is, where-is basis and without recourse or warranty, and
upon receipt by Corporate Obligee of the sales price, Corporate Obligee shall instruct Obligor to deliver and Obligor shall deliver the Equipment to such bidder; provided, that (a) any such sale to a third party shall be consummated, and the sales price for
the Equipment shall have been paid to Corporate Obligee in immediately available funds, on or before the Termination Date; and (b) Corporate Obligee shall not be obligated to sell such Equipment (i) if the Net Proceeds of Sale of the Equipment are less than the
aggregate Maximum Obligee Risk Amount applicable to the Equipment as of the Termination Date, or (ii) if Corporate Obligee has not received the amounts, if any, payable by Obligor pursuant to Section 26.1.

                                    Section
25.4     Obligor’s Early Transfer Options.  Provided that (a) no Equipment Payment or Supplemental Payment is at the time past due, (b) no Equipment Agreement Event of Default shall have occurred and be continuing and (c) this
Equipment Agreement shall not have been earlier terminated, Obligor shall be entitled, at its option, on any Payment Date to acquire all but not less than all of Corporate Obligee’s rights and interests in any Item(s) of Equipment upon written notice to
Corporate Obligee, as hereinafter provided, for an amount (the “Payment Date Option Amount”), with respect to each Item of Equipment acquired, payable in immediately available funds, equal to the sum of (i) the Casualty Loss
Value of such Item of Equipment applicable for such Payment Date, plus (ii) the Equipment Payment due and payable for such Item of Equipment on such Payment Date, plus (iii) any applicable sales, excise or other Taxes imposed as a result of such sale (other than
gross or net income taxes attributable to such sale for any Person other than Corporate Obligee), plus (iv) the amount of Breakage Costs that Corporate Obligee or Trust Obligee shall be liable to pay upon a repayment of the Notes issued
with respect to any such Item(s) of Equipment on such Payment Date, plus (v) the amount of Breakage Costs incurred by Corporate Obligee upon a repayment of the Equity Component for such Item on such Payment Date provided that (x) the aggregate Acquisition
Costs of all Items of Equipment acquired by Obligor at any time under this Section 25.4 shall not exceed thirty percent (30%) of the total Acquisition Costs for all Equipment at any time financed hereunder, (y) after taking into account any acquisition hereunder, the
aggregate Acquisition Costs of all Equipment remaining subject to this Equipment Agreement and located in the United States, Germany and the United Kingdom shall be at least equal to or greater than seventy-five percent (75%) of the
aggregate Acquisition Cost of all Equipment at the time subject to this Equipment Agreement and (z) this option may not be exercised more than two (2) times during any twelve (12) month period.  If Obligor intends to exercise said early transfer option, Obligor
shall give written notice to Corporate Obligee and Agent to such effect at least thirty (30) and no more than sixty (60) days prior to Payment Date on which such option will be exercised, which notice shall for each Item of Equipment to be acquired identify such Item
substantially in the same manner as it is identified on the Equipment Agreement Supplement therefor and identify as of the Payment Date such option is to be exercised in the aggregate and for each such Item the Acquisition Cost, Casualty Loss Value, Unamortized Debt
Amount and the Equipment Payment due.  Such notice shall also include replacement Equipment Agreement Supplement Schedule As in form and substance reasonably acceptable to Agent and Owner Participant (“Replacement Schedule As”) identifying all
Equipment to remain subject to this Equipment Agreement after any such acquisition.  If Obligor gives such written notice to Corporate Obligee, such notice shall constitute a binding obligation of Obligor to pay Corporate Obligee the Payment Date Option Amount
with respect to each Item of Equipment subject to such notice on the applicable Payment Date.  Upon payment in full of all amounts due upon the exercise of Obligors’ option under this Section 25.4, Corporate Obligee will, at the request and cost of
Obligor, (i) transfer to or at the direction of Obligor, without recourse or warranty (except as to the absence of Corporate Obligee Liens), all of Corporate Obligee’s right, title and interest in and to such Item(s), “as-is, where-is” and, at the
request and cost of Obligor, furnish to or at the direction of Obligor, a bill of sale without recourse or warranty (except as to the absence of Obligee Liens) evidencing such transfer and (ii) execute and deliver such additional agreements and documents and take
such further actions as Obligor may reasonably request to release such Item(s) from the Liens granted under the Operative Documents, in each case in form and substance reasonably satisfactory to Obligor and Corporate Obligee.  The Replacement Schedule As shall
be deemed a part of the corresponding Equipment Agreement Supplements in replacement of any existing Schedule As thereto.

            Section 26.       End
of Term Equipment Payment Adjustment.

                                    Section
26.1     Third Party Sale of Equipment.  This Section 26.1 shall apply only if, with respect to any Non-Renewal Item(s) of Equipment, a sale of such Item(s) to a third party pursuant to Section 25.3 hereof has been consummated on the
Termination Date.  If the Net Proceeds of Sale of such Item(s) are less than the aggregate Estimated Residual Value of such Item(s) as of such Termination Date, Obligor shall, on the Termination Date, pay to Corporate Obligee as an end of
term Equipment Payment adjustment, in immediately available funds, an amount equal to such deficiency (a “Deficiency”) as an adjustment to the Equipment Payment payable under this Equipment Agreement for such Item(s), plus the Equipment Payment due and payable for such Item(s) of Equipment on the Termination Date, plus any Supplemental Payments then due and owing to Corporate Obligee hereunder; provided, however, that if no Equipment Agreement Event of Default or
event which, with notice or passage of time or both would constitute an Equipment Agreement Event of Default, shall have occurred and be continuing hereunder, the amount of the Deficiency payable by Obligor with respect to such Item(s)
shall not exceed the aggregate Maximum Obligor Risk Amount then applicable to such Item(s).  If the Net Proceeds of Sale of such Item(s) of Equipment exceed the aggregate Estimated Residual Value of such Item(s) and if no Equipment
Agreement Event of Default or event which, with notice or passage of time or both would constitute an Equipment Agreement Event of Default, shall have occurred and be continuing hereunder and Obligor shall have paid Corporate Obligee on or before the Termination Date
the Equipment Payment due and payable for such Item(s) of Equipment on the Termination Date, plus all Supplemental Payments then due and owing with respect to such Item(s), Corporate Obligee shall pay to Obligor an amount equal to such excess as an adjustment to the
Equipment Payment payable under this Equipment Agreement for such Item(s).

                        Section 26.2     Obligor Payment.  If a sale of all
Non-Renewal Items of Equipment either to Obligor pursuant to Section 25.2 hereof or to a third party pursuant to Section 25.3 hereof has not been consummated on the Termination Date with respect thereto for any reason, then Obligor shall, on the Termination Date of
such Item(s), pay to Corporate Obligee as an end of term Equipment Payment adjustment, in immediately available funds, as an adjustment to the Equipment Payment payable under this Equipment Agreement for such Item(s) that have not been sold pursuant to Sections 25.2,
25.3 or 25.4, an amount equal to the Equipment Payment due and payable for such Item(s) of Equipment on the Termination Date, plus all Supplemental Payments then due and owing with respect to such Item(s) plus (a) the Maximum Obligor Risk Amount of all of such Items,
if (i) on the Termination Date no Equipment Agreement Event of Default or event which, with notice or passage of time or both would constitute an Equipment Agreement Event of Default, shall have occurred and be continuing hereunder, and (ii) all Items of Equipment
then subject to this Equipment Agreement have been returned to Corporate Obligee on the Termination Date in the condition and at the locations required by Section 6 hereof, and (iii) this Equipment Agreement shall not have been terminated prior to the Termination
Date, or (b) the Estimated Residual Value of all of such Items, if (i) on the Termination Date an Equipment Agreement Event of Default or event which, with notice or passage of time or both would constitute an Equipment Agreement Event of Default, shall have occurred
and be continuing hereunder, or (ii) all Items of Equipment then subject to this Equipment Agreement have not been returned to Corporate Obligee on the Termination Date in the condition and at the locations required by Section 6 hereof, or (iii) this Equipment
Agreement shall have been terminated prior to the Termination Date.  Obligor shall remain liable for the payment of, and upon the consummation by Corporate Obligee of the sale of any Item(s) of Equipment on or after the Termination Date thereof, Obligor shall
pay, or reimburse Corporate Obligee for the payment of, all applicable sales, excise or other Taxes imposed as a result of such sale, other than gross or net income taxes attributable to such sale, and such obligation shall survive the
termination of this Equipment Agreement.

            Section 27.      
Governing Law, Jurisdiction and Venue; Waiver of Jury. This Agreement and the rights and obligations of the parties hereunder shall be construed in accordance with, and be governed by, the law of the State of New York.  The parties hereto hereby agree
that allactions or proceedings initiated by any party hereto arising directly or indirectly out of this Agreement or the other Loan Documents may be litigated in the Supreme Court of the
State of New York located in New York City or the District Court or the United States District Court for the Southern District of New York.  Each party hereto hereby expressly submits and consents in advance to such jurisdiction and venue in any action or
proceeding commenced by any party hereto in any of such courts, agrees that jurisdiction and venue is proper in such courts, and hereby waives personal service of the summons and complaint, or other process or papers issued therein, and agrees that such service of
the summons and complaint may be made by registered mail, return receipt requested, addressed to the party hereto being served at the address for such party set forth in Section 10.4 of the Participation Agreement.  Each party hereto waives any claim that New
York City or the Southern District of New York is an inconvenient forum or an improper forum based on lack of venue.  The choice of forum set forth herein shall not be deemed to preclude the enforcement by Lender or Security Trustee of any judgment in any other
appropriate jurisdiction.  Each of Obligor and Corporate Obligee hereby waives trial by jury in any judicial proceeding brought by it, Lender or Security Trustee involving directly or indirectly, any matter in any way arising out of, related to, or connected
with this Agreement or the other Operative Documents.

            Section 28.      
Miscellaneous.

                                    Section
28.1.    Any provision of this Equipment Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating or diminishing
Corporate Obligee’s rights under the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.  To the extent permitted by Applicable
Law, Obligor hereby waives any provision of law which renders any provision of this Equipment Agreement prohibited or unenforceable in any respect. All of the covenants, conditions and obligations contained in this Equipment Agreement shall be binding upon and shall
inure to the benefit of the respective successors and assigns of Corporate Obligee and (subject to the restrictions of Sections 14.1 and 14.3 hereof) Obligor.  This Equipment Agreement and the other Operative Documents, and each related instrument, document,
agreement and certificate, collectively constitute the complete and exclusive statement of the terms of the agreement between Corporate Obligee and Obligor with respect to the acquisition and leasing of the Equipment, and cancel and supersede any and all prior oral
or written understandings with respect thereto.

                                    Section
28.2     Except as otherwise expressly provided and subject to the rights assigned by Obligor, Corporate Obligee and Trust Obligee to Security Trustee under the Participation Agreement, none of this Equipment Agreement, the Notes, the
Participation Agreement nor the Security Documents nor any terms hereof or thereof may be amended, supplemented, waived or modified without the written agreement and consent of the parties thereto, Obligor, each Lender, Corporate Obligee and
Trustee Obligee, provided that where the consent of any Lender is required, such consent (except as provided below) may be given by Agent acting on behalf of Majority Lenders, and any such consent shall be binding on all Lenders, provided
further, that no such amendment, modification, waiver or supplement shall, (i) without the consent of a Lender (A) extend the final scheduled maturity of such Lender’s A Loan or B Loan, as the case may be, or reduce the rate or extend the time of payment
of interest thereon, or reduce the principal amount thereof (except to the extent repaid in cash), (B) release all or substantially all of Security Trustee’s interest in the Collateral (except as expressly provided in the
Participation Agreement), (C) reduce the percentage specified in the definition of Majority Lenders or (D) amend this clause (i); (ii) without the consent of Agent, amend, modify or waive any provision relating to the rights or obligations
of Agent, or (iii) without the consent of Security Trustee amend, modify or waive any provision relating to the rights or obligations of Security Trustee.

            Section 29.      
Payments.  All payments by Obligor under this Agreement shall be made in immediately available funds to such bank and/or account as Corporate Obligee may from time to time notify to Obligor no less than three (3) Business Days prior to the due date of any
such payment.

            Section 30.      
Concerning Corporate Obligee.  Obligor agrees that as between it and the Corporate Obligee, no recourse shall be had with respect to this Equipment Agreement or the other Operative Documents against the Corporate Obligee, or any officer, director,
employee, agent or Affiliate thereof except as expressly set forth in Section 10.15 of the Participation Agreement.

*   *   *   *

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

BTM CAPITAL CORPORATION,

as Corporate Obligee

By:  /s/ John F.
McCarthy                                

      Name:  John F. McCarthy

     Title:  Vice President

HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED

as Obligor

By:  /s/ Frank Meredith                        

      Name:  Frank Meredith

     Title:  Executive Vice President and

               Chief Financial Officer

COUNTERPART NO. 8 OF 8 SERIALLY NUMBERED MANUALLY EXECUTED COUNTERPARTS. TO THE EXTENT, IF ANY, THAT THIS DOCUMENT CONSTITUTES CHATTEL PAPER UNDER THE UNIFORM COMMERCIAL CODE, NO SECURITY INTEREST IN THIS DOCUMENT MAY BE
CREATED THROUGH THE TRANSFER AND POSSESSION OF ANY COUNTERPART OTHER THAN COUNTERPART NO. 1.

EXHIBIT A‐1 TO AMENDED AND RESTATED

EQUIPMENT LEASING AGREEMENT

DATED AS OF JUNE 30, 2003

Type(s) of Equipment:   As described on each of the Schedules of  Equipment attached to the Equipment Agreement Supplements made with respect to this Exhibit A-1.

Maximum Acquisition Cost:      $90,000,000

Acquisition Period:        From September 30, 1999 to November 15, 1999, both dates inclusive.

Basic Term Commencement Date:        September 20, 2000

Renewal Terms:            three (3) Renewal Terms of twelve (12) months each.

EXHIBIT A‐2 TO AMENDED AND RESTATED

EQUIPMENT LEASING AGREEMENT

DATED AS OF JUNE 30, 2003

Type(s) of Equipment:   As described on each of the Schedules of  Equipment attached to the Equipment Agreement Supplements made with respect to this Exhibit A-2.

Maximum Acquisition Cost:      $90,000,000

Acquisition Period:        From January 15, 2000 to June 30, 2000, both dates inclusive.

Basic Term Commencement Date:        September 20, 2000

Renewal Term: three (3) Renewal Terms of twelve (12) months each.

APPENDIX A

HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED

AMENDED AND RESTATED EQUIPMENT LEASING AGREEMENT AND AMENDED AND RESTATED PARTICIPATION AGREEMENT

(1999)

The definitions stated herein shall equally apply to both the singular and plural forms of the terms defined.  Any agreement defined or referred to below means such agreement as amended, supplemented or modified from time
to time, and includes all exhibits, supplements and appendices thereto.  Any Person defined or referred to below include its successors, permitted transferees  and assigns.  The word “including,” when used below or in any Operative
Document, is deemed to be followed by “without limitation,” whether or not such words appear.

“A Lenders” means any holder of an A Note and its successors and assigns.

“A Loan Term Percentage” means, as to each A Lender at any time, the percentage of the aggregate principal amount of the A Loans then outstanding at such time constituted by the aggregate
outstanding principal amount of such A Lender’s A Loan at such time.

“A Loan” means, as to each A Lender, the outstanding principal amount of such A Lender’s loan under the Participation Agreement in the principal amount as of the Restructuring Date set forth under
the heading “A Loans” opposite such A Lender’s name on Schedule 3 to the Participation Agreement, each of which is evidenced by an A Note.  The aggregate principal amount of the A Loans on the Restructuring Date is
$21,213,540.72.

“A Note” means any A Note issued by Corporate Obligee or Trust Obligee to any A Lender in the form of Exhibit D‐1 to the Participation Agreement.

“A Notes” means the collective reference to each A Note.

“Acceptance Date” for each Item of Equipment means the date on which Obligor financed such Item under the Original Operative Documents, as evidenced by Obligor’s execution and delivery of an Equipment
Agreement Supplement for such Item dated such date.

“Acquisition Cost” of each Item of Equipment means an amount equal to the sum of (i) the total cost paid by Original Obligee to Obligor for such Item in accordance with the Original Operative Documents, plus
(ii) all sales and excise taxes paid by Original Obligee and/or Obligor as agent for Original Obligee on or with respect to the acquisition of such Item, plus (iii) all costs and expenses approved and paid by Obligor as agent for Original Obligee in connection with
the delivery and installation of such Item.

“Acquisition Period” means the period specified as such on each consecutively numbered Related Exhibit A attached to and made a part of the Equipment Agreement.

“Affected Person” means each of the Lenders, any permitted assignee of any Lender or the Agent.

“Affiliate” means as to any Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person.  For purposes of this definition,
“control” of a Person means the power, directly or indirectly, either to (a) vote 10% or more of the securities having ordinary voting power for the election of directors of such Person or (b) direct or cause the direction of the management and policies
of such Person, whether by contract or otherwise.

“After-Tax Basis” means in respect of an amount (the “base amount”) with respect to a Person, the base amount supplemented by a future payment, if necessary, to such Person such that, after
reduction for all Taxes (other than Taxes based upon a Person’s net income or gross receipts and which are imposed or levied by any Federal, national, state, provincial or local taxing authority in the United States or a foreign country unless such Person would
not otherwise have been subject to taxation in such jurisdiction but for such Person’s involvement in this transaction), if any, imposed on such Person in respect of the sum of the base amount and such future payment shall be equal to the base
amount.

“Agent” means Bank of Tokyo-Mitsubishi Trust Company.

“Aggregate A Loan Principal Balance” has the meaning set forth in Section 5.2(a) of the Participation Agreement.

“Aggregate B Loan Principal Balance” has the meaning set forth in Section 5.2(a) of the Participation Agreement.

“Alternate Rate” means a variable rate equal to the greater of (i) the sum of the Federal Funds Rate from time to time in effect and  1⁄2 of one percent (0.5%) and (ii) the rate of interest from
time to time announced by Agent at its New York branch from time to time as its “prime commercial lending rate” (which rate is a reference rate and does not necessarily represent the lowest or best rate actually charged to any customer, and Agent may make
commercial loans or other loans at rates of interest at, above or below such reference rate).

“Applicable Debt Rate” (a) for the purpose of calculating Equipment Payment means the rate calculated in accordance with Section 7.6 of the Equipment Agreement, (b) for the purpose of calculating interest
due on any A Loan means the LIBOR Rate then in effect as determined by Agent pursuant to Schedule 2 to the Participation Agreement and (c) for the purpose of calculating interest due on any B Loan means the LIBOR Rate then in effect as determined by the Agent
pursuant to Schedule 2 to the Participation Agreement.

“Applicable Law” means, with respect to any Person or Item of Equipment, all provisions of statutes, rules, regulations, orders and requests (whether or not having the force of law) of any Governmental
Entity applicable to such Person or Item of Equipment, and all orders and decrees of all courts and arbitrators in proceedings or actions in which such Person is a party.

“Assignee” has the meaning set forth in Section 14.2 of the Equipment Agreement.

“Assignment and Acceptance Agreement” means the form of assignment and acceptance agreement attached as Schedule 5 to the Participation Agreement.

“Assumption and Revocation Agreement” means that certain Assignment, Assumption and Revocation Agreement dated as of June 30, 2003 by and between Original Owner Trustee, Original Obligee and Corporate
Obligee, a copy of which is attached as Exhibit B to the Trust Agreement.

“B Lenders” means any holder of a B Note and its successors and assigns.

“B Loan Term Percentage” means, as to each B Lender at any time, the percentage of the aggregate principal amount of the B Loans then outstanding at such time constituted by the aggregate
outstanding principal amount of such B Lender’s B Loan at such time.

“B Loan” means, as to each B Lender, the outstanding principal amount of such B Lender’s loan under the Participation Agreement in the principal amount as of the Restructuring Date set forth under
the heading “B Loans” opposite such B Lender’s name on Schedule 3 to the Participation Agreement, each of which is evidenced by an B Note.  The aggregate principal amount of the B Loans on the Restructuring Date is
$3,114,771.77.

“B Note” means any B Note issued by Corporate Obligee to any B Lender in the form of Exhibit D-2 to the Participation Agreement.

“B Notes” means a collective reference to each B Note.

“Basic Term” for each Item of Equipment means the period consisting of twelve (12) months commencing on the “Basic Term Commencement Date” set forth on the Related Exhibit A for such Item and
terminating on the Payment Date that occurs in the last month of such twelve (12) month period.

“Basic Term Commencement Date” for each Item of Equipment means the date specified as such on the Related Exhibit A.

“Breakage Costs” means any amount or amounts as shall compensate a Lender or Owner Participant for any loss or reasonable cost incurred after using good faith and reasonable efforts to minimize such loss
(but excluding loss of margin of profit) or cost by a Lender or Owner Participant directly resulting from repayment by an Obligee of Related Notes (as defined in Appendix A of the Original Participation Agreement) or Equity Components relating to Item(s) of Equipment
that Obligor exercises its rights to acquire pursuant to Section 25.4 of the Equipment Agreement, in accordance with the terms of the Operative Documents.  The amount of the loss or cost shall be determined by the Person seeking such, and notice thereof shall be
provided to Obligor in the form of a certificate of such Person stating that the calculations set forth therein are in accordance with the terms of the Operative Documents and setting forth in reasonable detail the basis for such calculations, such certificate being
conclusive and binding for all purposes absent manifest error.

“Business Day” means any day other than a day on which banking institutions in the State of Connecticut or the State of New York are authorized by law to close.

“Casualty Loss Value” of each Item of Equipment as of any Casualty Loss Value Payment Date means an amount determined by multiplying the Acquisition Cost of such Item of Equipment by the percentage set forth
opposite such Casualty Loss Value Payment Date on the Schedule of Casualty Loss Values attached to the Equipment Agreement Supplement for such Item.

“Casualty Loss Value Payment Date” for each Item of Equipment for which an Event of Loss occurs shall mean the Payment Date for such Item next following the date of such Event of Loss and for each Item of
Equipment with respect to which Obligor is exercising its option under Section 25.4 of the Equipment Agreement shall mean the Payment Date on which such option is to be exercised in accordance with such Section 25.4.

“Certificate of Costs” means any certificate by Obligor executed by a Responsible Officer certifying Obligor’s original purchase price and date of purchase of the Item of Equipment specified in such
certificate sold by Obligor to Original Obligee under the Original Participation Agreement in the form of Exhibit B to the Original Participation Agreement.

“Closing Date” means the first Funding Date.

“Code” means the Internal Revenue Code of 1986, as the same may be amended from time to time, or any comparable successor law.

“Collateral” means the collective reference to the Equipment Collateral and the Transferred Property Collateral.

“Collateral Proceeds” means the amount or amounts constituting all or a portion of the Net Proceeds of Sale received by Corporate Obligee or the Lenders from the sale of any Item or Items of Equipment in
accordance with Section 25.3 of the Equipment Agreement to the extent such amounts constitute payments of principal or interest due on the A Loans and the B Loans under Section 5 of the Participation Agreement.

“Commerzbank” means Commerzbank Aktiengesellschaft, New York Branch, the New York branch of a German banking corporation.

“Consolidated Capitalization” means any date, the sum of (a) shareholders’ equity of Obligor and (without duplication) its consolidated Subsidiaries, determined on a consolidated basis in accordance
with GAAP, and (b) Consolidated Total Debt.

“Consolidated EBITDA” means for any period, Consolidated Net Income for such period, plus the amount of taxes, interest, depreciation and amortization deducted from earnings in determining such
Consolidated Net Income.

“Consolidated Interest Expense” means for any period, the amount of interest expense deducted from earnings of Obligor and its consolidated Subsidiaries in determining Consolidated Net Income for such period
in accordance with GAAP.

“Consolidated Net Income” means for any period, the net income of Obligor and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.

“Consolidated Total Debt” means at any date, without duplication, the aggregate of all Indebtedness (including the current portion thereof) of Obligor and its consolidated Subsidiaries, determined on a
consolidated basis in accordance with GAAP.

“Corporate Obligee” means BTM Capital Corporation, a Delaware corporation, and its permitted successors and assigns.

“Corporate Obligee Option” has the meaning set forth in Section 9A.1 of the Participation Agreement.

“Cross Receipt” means any cross receipt in the form of Exhibit A to the Original Participation Agreement that was executed and delivered by Obligor to Original Obligee prior to the Restructuring Date in
accordance with the Original Operative Documents.

“Debt Amortization Payment” for any Item of Equipment as of any Payment Date means the amount determined by multiplying the Debt Component of such Item by the percentage set forth opposite such Payment Date
on the Schedule of Debt Component Amortization attached to the Related Equipment Agreement Supplement.

“Debt Component” for each Item of Equipment means the dollar amount of the Acquisition Cost financed by Original Lender on the Acquisition Date in accordance with the Original Operative Documents therefor
calculated as 97.00% of the Acquisition Cost for such Item.

“Deficiency” has the meaning set forth in Section 26.1 of the Equipment Agreement.

“Dollar” means freely transferable, lawful money of the United States.

“EBITDA Ratio” means on any date, the ratio of Consolidated EBITDA to Consolidated Interest Expense for the four consecutive fiscal quarters of Obligor most recently ended prior to such date.

“English Debenture” means each of Debentures among (i) Original Obligee and Original Security Trustee (ii) Corporate Obligee and Security Trustee, (iii) Obligor and Original Security Trustee and (iv) Harman
International Industries, Limited and Original Security Trustee.

“Equipment” means the equipment of the type(s) described on the Schedule of Equipment attached to each consecutively numbered Equipment Agreement Supplement made a part of the Equipment Agreement together
with any and all related appliances, parts, accessories, appurtenances, accessions, additions, improvements, replacements and other equipment or components of any nature from time to time incorporated or installed therein.

“Equipment Agreement” means the Amended and Restated Equipment Leasing Agreement dated as of June 30, 2003 between Obligor, as lessee, and Corporate Obligee, as lessor, and each Equipment Agreement
Supplement as amended, supplemented and modified from time to time in accordance with the terms of the Operative Documents.

“Equipment Agreement Default” means an Equipment Agreement Event of Default or an event which with notice or lapse of time or both would become an Equipment Agreement Event of Default.

“Equipment Agreement Event of Default” has the meaning set forth in Section 20 of the Equipment Agreement.

“Equipment Agreement Supplement” means an Equipment Agreement Supplement substantially in the form attached to the Original Equipment Agreement as Exhibit B, which, prior to the Restructuring Date, was
executed by Original Obligee and Obligor with respect to each Item of Equipment as provided in Section 4 of the Original Equipment Agreement and was consented thereto by Original Lender, as the same may be amended or modified from time to time.

“Equipment Collateral” has the meaning set forth in Section 7.1(a) of the Participation Agreement.

“Equipment Payment” means the amount payable during the Interim Term pursuant to Section 7.1 of the Equipment Agreement, during the Basic Term pursuant to Section 7.2 of the Equipment Agreement, during each
Renewal Term pursuant to Section 25.1 of the Equipment Agreement and during any holdover period pursuant to Section 6.3 of the Equipment Agreement, any Deficiency and any end of term rent adjustment payable in accordance with Section 26.2 of the Equipment
Agreement.

“Equipment Payment Period” for each Item of Equipment means (a) for the Interim Term of such Item, each period for which a payment of Equipment Payment is to be made for such Item during the Interim Term as
set forth in Section 7.1 of the Equipment Agreement, (b) for the Basic Term of such Item, each period for which a payment of Equipment Payment is to be made for such Item during the Basic Term thereof as set forth in Section 7.2 of the Equipment Agreement, and (c)
for each Renewal Term of such Item, each period for which a payment of Equipment Payment is to be made for such Item during such Renewal Term as set forth in Section 25.1 of the Equipment Agreement.

“Equity Component” means, for each Item of Equipment, the difference between the Acquisition Cost and the Debt Component therefor.

“Equity Rate” means, for any Equipment Payment Period, the LIBOR in effect as of the first LIBOR Banking Day of each such Equipment Payment Period plus two hundred fifty (250) basis points.

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended.

“Estimated Residual Value” for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such Item
under the caption “Estimated Residual Value Percentage” applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item.

“Event of Loss” with respect to any Item of Equipment means (a) the loss of such Item of Equipment or any substantial part thereof, or (b) the loss of the use of such Item of Equipment due to theft or
disappearance for a period in excess of forty-five (45) days during the Term, or existing at the expiration or earlier termination of the Term, or (c) the destruction, damage beyond repair, or rendition of such Item of Equipment or any substantial part thereof
permanently unfit for normal use for any reason whatsoever, or (d) the condemnation, confiscation, seizure, or requisition of use or title to such Item of Equipment or any substantial part thereof by any Governmental Entity under the power of eminent domain or
otherwise beyond the earlier of sixty (60) days and the end of the Basic Term or Renewal Term, as applicable.

“Excepted Payments” means (a) indemnity payments paid or payable in favor of Trust Company, Owner Participant, or any Assignee, or their successors or assigns, directors, officers, employees, affiliates and
agents under the Operative Documents, (b) proceeds of public liability insurance (or government indemnities in lieu thereof) payable to Trust Company, Owner Participant, or any Assignee either pursuant to the Equipment Agreement or the Participation Agreement (which
shall include proceeds of any self-insurance by Obligor) or maintained by Obligor, Trust Company, Obligees, Owner Participant, or any Assignee and not required to be maintained under the Equipment Agreement, (c) costs or expenses paid or payable by Obligor to, or for
the benefit of, Trust Company, Owner Participant, or any Assignee, (d) all rights of, and payments to, Owner Participant under and pursuant to the Trust Agreement, (e) where any amount payable to Trust Company, Owner Participant, or any Assignee is expressed to be
payable on an After-Tax Basis, the increment to the underlying payment obligation arising by virtue of the operation of the definition of “After-Tax Basis,” (f) any payments in respect of interest to the extent attributable to payments referred to in
clauses (a) through (e) above and otherwise required to be paid thereon, (g) all rights to receive the amounts referred to in clauses (a) through (f) above, and (h) the proceeds of enforcement of any right to receive the proceeds of any amount referred to in clauses
(a) through (f) above.

“Federal Funds Rate” means for any day, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of one percent) equal to the weighted average of the rates on overnight Federal funds
transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day, provided that (a) if the day for which such rate is to be
determined is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if such rate is not so published for any day which is a
Business Day, the average of the quotations at approximately 11:00 a.m. (New York time) for such day on such transactions received by Agent from three federal funds brokers of recognized standing selected by Agent.

“French Commercial Pledge Agreement” means each Commercial Pledge Agreement among Obligor, Corporate Obligee and Audax Industries S.N.C.

“Funding Date” has the meaning set forth in Section 4.5 of the Original Participation Agreement.

“Funding Notice” has the meaning set forth in Section 4.5 of the Original Participation Agreement.

“GAAP” means generally accepted accounting principles in the United States of America in effect from time to time.

“German Chattel Mortgage Agreement” means each of the Agreements on Chattel Mortgage among (i) Becker GMBH and Obligor, (ii) Harman Audio Electronic Systems GMBH and Obligor, (iii) Obligor and Corporate
Obligee and (iv) Corporate Obligee and Security Trustee.

“Guaranty Obligation” means as to any Person (the “guaranteeing person”), any obligation of (a) the guaranteeing person or (b) another Person (including, without limitation, any bank under
any letter of credit) to induce the creation of which the guaranteeing person has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends, derivative instrument or other
obligations (the “primary obligations”) of any other third Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of the guaranteeing person, whether or not
contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain working capital or equity
capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary
obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guaranty Obligation shall not include (x)
endorsements of instruments for deposit or collection in the ordinary course of business or (y) obligations of the Obligor or any of its Subsidiaries under arrangements entered into in the ordinary course of business whereby Obligor or such Subsidiary sells inventory
to other Persons under agreements obligating Obligor or such Subsidiary to repurchase such inventory, at a price not exceeding the original sale price, upon the occurrence of certain specified events.

“Governmental Entity” means any Federal, state, municipal or other governmental department, commission, board, bureau, agency, central bank or instrumentality or any court, in each case whether of the United
States or any foreign country.

“Harman Proceeds” means the amount or amounts paid by Obligor to Corporate Obligee pursuant to Section 26.1 or 26.2 of the Equipment Agreement and received by the Lenders to the extent such amounts
constitute payments of principal or interest due the A Loans and the B Loans under Section 5 of the Participation Agreement.

“Illegality Event” has the meaning set forth in Section 5.5.9 of the Participation Agreement.

“Indebtedness” means of any Person at any date, all indebtedness or obligations of such Person (other than current trade liabilities incurred in the ordinary course of business and payable in accordance with
customary practices), as reflected on the balance sheet of such Person prepared in accordance with GAAP.

“Interest Coverage Ratio” means for any period of four consecutive fiscal quarters, Consolidated EBITDA divided by Consolidated Interest Expense for such period.

“Interim Term” for each Item of Equipment means the period commencing on the Acceptance Date for such Item (unless the Acceptance Date is the Basic Term Commencement Date, in which case there shall be no
Interim Term for such Item) and ending on the date immediately prior to the Basic Term Commencement Date.

“Item of Equipment” or “Item” means any of the items of Equipment separately identified on any of the Schedules of Equipment attached to the Equipment Agreement Supplements currently made a part
of the Equipment Agreement.

“Lenders” means the collective reference to the A Lenders and the B Lenders, and their permitted successors and assigns.

“LC Issuer” means BTM Capital Corporation, a Delaware corporation, and its permitted successors and assigns.

“LC Reimbursement Security Agreement” means the Reimbursement Security Agreement between Original Obligee and LC Issuer dated as of June 30, 1999.

“LIBOR” means, in relation to any Equipment Payment Period, the rate per annum for deposits in Dollars for that Equipment Payment Period which appears on the Telerate Page 3750 as of 11:00 a.m. London time
on the second LIBOR Banking Day before the first day of the relevant Equipment Payment Period; provided that if such rate does not appear on the Telerate Screen Page 3750, LIBOR shall mean the rate for deposits of an amount comparable to the aggregate of the
Unamortized Debt Balances then financed or refinanced by such Lender by loans on the London interbank Dollar market for that Equipment Payment Period determined by such Lender to be the LIBOR rate offered by Agent to leading banks in the London Eurodollar interbank
market at 11:00 a.m. London time on the second LIBOR Banking Day before the first day of the relevant Equipment Payment Period for that relevant Equipment Payment Period adjusted for any reserve requirements in effect on the first day of such Equipment Payment
Period.

“LIBOR Banking Day” means any day other than a day on which banking institutions in the State of New York or the City of London are authorized by law to close.

“LIBOR Margin” means, at any time, the liquidity margin then applicable set forth in Schedule 2 to the Participation Agreement, expressed as an annual percentage rate calculated to the seventh decimal
place.

“LIBOR Rate” means the sum of LIBOR plus the LIBOR Margin.

“Lien” means liens, mortgages, encumbrances, pledges, charges and security interests of any kind

.

“Liquidity Agreement” means the Amended and Restated Liquidity Asset Purchase Agreement dated as of August 27, 2000, among Original Issuer, as issuer, Commerzbank, as liquidity agent for the purchasers
thereunder, and the purchasers party thereto, as amended prior to the date hereof.

“Loans” means a collective reference to the A Loans and the B Loans.

“Loan Commitment Fee”  means the Loan Commitment Fee (as defined in Appendix A to the Original Participation Agreement).

“Loan Default” means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.

“Loan Documents” means the Participation Agreement, Notes and Security Documents.

“Loan Event of Default” has the meaning set forth in section 5.10 of the Participation Agreement.

“Majority Lenders” means Lenders in the aggregate holding Notes representing more than 50% of the aggregate outstanding principal balances of the Loans with each Lender being able to vote all or any portion
of its outstanding principal balance.

“Material Obligation” means any capitalized lease, derivative instrument or Guaranty Obligation.

“Maturity Date” for each Loan means the earlier of (a) the last day of the third Renewal Period for the Items of Equipment financed by such Loans and (b) such earlier date on which such Loan becomes due
and payable under the Participation Agreement.

“Maximum Obligor Risk Amount” for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such
Item under the caption “Maximum Obligor Risk Percentage” applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item.

“Maximum Obligee Risk Amount” for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such
Item under the caption “Maximum Obligee Risk Percentage” applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item.

“Multi-Currency Credit Agreement” means the Amended and Restated Multi-Currency, Multi-Option Credit Agreement dated as of August 14, 2002 among Obligor, as “Borrower,” JPMorgan Chase Bank,
a New York banking corporation, as “Administrative Agent” and the several lenders party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, and if such is no longer in effect, any other credit
agreement or loan agreement which provides Obligor and all or some of its subsidiaries with their primary source of working capital borrowings and if there is no such credit agreement or loan in effect then such last agreement or loan as in effect immediately prior
to its termination or expiration.

“Multi-Currency Negative Covenants” means each and every financial and negative covenant contained in the Multi-Currency Credit Agreement (other than covenants (a) for the maintenance of a ratio of
Consolidated Total Debt to Consolidated Capitalization, (b) for the maintenance of an Interest Coverage Ratio or (c) restricting mergers, consolidations, amalgamations, liquidation, winding up or dissolutions) as such covenants are in effect from time to time, which,
as of the date hereof, are contained in Section 9 of the Multi-Currency Credit Agreement.

“Net Proceeds of Sale” means with respect to each Item of Equipment sold by Corporate Obligee to a third party pursuant to Section 25.3 of the Equipment Agreement, the net amount of the proceeds of sale of
such Item, after deducting from the gross proceeds of such sale (a) all sales taxes and other taxes (excluding income taxes on or measured by Corporate Obligee’s income) as may be applicable to the sale or transfer of such Item, (b) all fees, costs and expenses
of such sale incurred by Obligee and (b) any other amounts for which, if not paid, Corporate Obligee would be liable or which, if not paid, would constitute a Lien on such Item.

“Non-Renewal Item of Equipment” means each Item of Equipment with respect to which the Equipment Agreement is not renewed at the end of the Basic Term or any Renewal Term pursuant to timely notice to
Corporate Obligee in accordance with the provisions of Section 25.1 of the Equipment Agreement.

“Notes” means the collective reference to the A Notes and the B Notes.

“Obligees” means, collectively, Trust Obligee and Corporate Obligee, and each of their permitted successors and assigns.

“Obligee Indemnified Person” means each of Trust Company, Owner Participant, Lenders, Agent, Security Trustee and any Assignee, their successors and assigns and each of their respective officers, directors,
employees, beneficiaries, stockholders, agents and servants.

“Obligee Property” means all of the estate, right, title and interest of Trust Obligee and Corporate Obligee in and to the Equipment, the Participation Agreement, the Equipment Agreement and the other
Operative Documents, and all documents related hereto and to the Equipment, and all proceeds thereof, including, without limitation, all Equipment Payments, insurance proceeds and Supplemental Payments, but excluding any Excepted Payments.

“Obligor” means Harman International Industries, Incorporated, a Delaware corporation, and its permitted successors and assigns.

“Obligor Indemnified Person” means each Obligee Indemnified Person and each Obligee, its successors and assigns and each of their respective officers, directors, employees, beneficiaries, stockholders,
agents and servants.

“Operative Documents” means the Participation Agreement, the Receivables Purchase Agreement, the Notes, the Equipment Agreement, all Equipment Agreement Supplements, the Trust Agreement, the Original Trust
Purchase Agreement, the Assumption and Revocation Agreement and the Security Documents and in each case, all exhibits, schedules and supplements thereto, and all notices, consents, certificates and other documents from time to time issued or entered into pursuant to
or in connection therewith; in each case as amended and modified from time to time.

“Optional Alteration” has the meaning given set forth in Section 12 of the Equipment Agreement.

“Original Agent” means Commerzbank, acting in the capacity as “Agent” under the Original Participation Agreement.

“Original Equipment” means the Equipment (as defined in Appendix A to the Original Participation Agreement).

“Original Equipment Agreement” means the Equipment Leasing Agreement dated as of September 30, 1999 between the Original Obligee, as “Obligee”, and Obligor, as “Obligor”, as amended
prior to the Restructuring Date.

“Original Issuer” means Four Winds Funding Corporation, a Delaware corporation, as “Issuer” under the Liquidity Agreement.

“Original Items of Equipment” means the Items of Equipment (as defined in Appendix A to the Original Participation Agreement).

“Original Lender” means Four Winds Funding Corporation, a Delaware corporation, as “Lender” under the Original Operative Documents.

“Original Loans” means each Loan (as defined in Appendix A to the Original Participation Agreement) made by Original Lender to Original Obligee under the Original Operative Documents.

“Original Notes” means the collective reference to the Notes (as defined in Appendix A to the Original Participation Agreement) issued by Original Obligee to Original Lender to evidence the Original Loans
made to it by Original Lender under the Original Operative Documents.

“Original Obligee” means U.S. Bank National Association (assignee of State Street Bank and Trust Company of Connecticut, National Association), not in its individual capacity but solely as trustee under the
Original Trust Agreement.

“Original Operative Documents” means the Operative Documents (as defined in Appendix A to the Original Participation Agreement).

“Original Owner Participant” means Bank of Tokyo-Mitsubishi Trust Company, a New York trust company.

“Original Owner Trustee” means U.S. Bank National Association (assignee of State Street Bank and Trust Company of Connecticut, National Association), acting in the capacity as “Owner Trustee”
under the Original Trust Agreement.

“Original Participation Agreement” means the Participation Agreement dated as of September 30, 1999 between Obligor, Original Obligee, Original Lender, Original Agent, Original Security Trustee and LC
Issuer.

“Original Security Trustee” means Commerzbank, acting in the capacity as “Security Trustee” under the Original Participation Agreement.

“Original Trust Agreement” means that certain Trust Agreement by and between Original Owner Trustee and Original Owner Participant, dated as of September 30, 1999, which agreement has been terminated
pursuant to the Assumption and Revocation Agreement.

“Original Trust Estate” means the Trust Estate (as defined in Appendix A to the Original Participation Agreement).

“Original Trust Purchase Agreement” means the Purchase, Assignment and Assumption Agreement dated as of June 30, 2003, between Original Owner Participant, as “Seller”, and Corporate Obligee,
as “Purchaser”, a copy of which is attached as Exhibit A to the Participation Agreement.

“Outstanding Debt Amount” with respect to each Item of Equipment means the Debt Component therefor less the aggregate of all Debt Amortization Payments, all payments on account of Casualty Loss Value and all
Deficiency payments and all payments made by Obligor to Corporate Obligee in accordance with Section 26.2 of the Equipment Agreement paid by Obligor to Corporate Obligee with respect to such Item.

“Overdue Rate” means the Applicable Debt Rate at the time in effect plus two (2) percent (200 basis points).

“Overpayment Memorandum” means that certain memorandum dated June 30, 2003 from Greg Henry of Harman International Industries, Incorporated to the A Lenders.

“Owner Participant” means BTM Capital Corporation, a Delaware corporation, and its permitted successors and assigns.

“Participation Agreement” means the Amended and Restated Participation Agreement dated as of June 30, 2003 among Obligor, Corporate Obligee, Trust Obligee, each Lender, Owner Participant, Agent and
Security Trustee, as amended and modified from time to time in accordance with the terms thereof.

“Payment and Amortization Schedule” for each Loan means the payment and amortization scheduled attached to the Note relating to and evidencing such Loan.

“Payment Date” the 20th of each June, September, December and March , provided however, if any such date is not a LIBOR Banking Day, then the Payment Date shall be the next LIBOR
Banking Day.

“Permitted Assignee” means any “accredited investor” under Rule 501(a) of the Securities Act of 1933, as amended, which is either a bank, insurance company, mutual fund, trust company, employee
benefit plan (as defined in ERISA), or savings and loan company, in each case having total assets of at least $200,000,000 or Corporate Obligee upon exercise of the Corporate Obligee Option.

“Permitted Lien” means (a) any Liens created or granted by (i) Corporate Obligee to Security Trustee with respect to the Equipment Collateral under or in connection with the Participation Agreement, or (ii)
by Trust Obligee to Security Trustee with respect to the Transferred Property Collateral under or in connection with the Participation Agreement, (b) any Liens created or granted by Original Obligee with respect to the Collateral (as defined in the Original Operative
Documents) under or in connection with the Original Participation Agreement, which Liens have been assumed by Corporate Obligee, Trust Obligee, or both, (c) any interest of Obligor with respect to the Collateral under the Participation Agreement or the Equipment
Agreement, and (d) any Lien of a mechanic, material-man, carrier, employee or other similar Lien arising in the ordinary course of business by statute or by operation of law, in respect of obligations that are not overdue or that are being contested in good faith by
appropriate proceedings.

“Permitted Transferee” has the meaning specified in Section 10.7(b) of the Participation Agreement.

“Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint stock company, trust, trustee(s) of a trust, unincorporated organization, or government
or Governmental Entity, agency or political subdivision thereof.

“Pre Effective-Date Financing Statement” means any UCC financing statement filed prior to July 1, 2001 in accordance with the Original Operative Documents to perfect a security interest granted by a
Subsidiary of Obligor to Obligor or by Obligor to Original Obligee or by Original Obligee to Original Security Trustee under the Original Equipment Agreement or the Original Participation Agreement, which UCC financing statements were not filed in such
Subsidiary’s, Obligor’s or Original Obligee’s UCC Location.

“Prepayment Premium” means with respect to any repayment of a Loan in whole or in part on any day other than a Payment Date the amount (if any) by which (a) the amount of interest payable on the next Payment
Date on the amount of the Loan which is repaid, but for it having been so repaid, exceeds (b) the aggregate of the amount of interest accrued to the date such amount is repaid and an amount equal to AR x D x R, where AR equals the amount which is repaid, D equals the
number of days from the date of repayment to the next Payment Date and R equals the rate per annum at which the Lender concerned is offering or would offer in the London Interbank Market (based on commercially reasonable criteria) for Dollar deposits of leading banks
in an amount substantially equal in the amount repaid for a period from such date to the next Payment Date.

“Program Administration Letter” means the Program Administration Letter (as defined in Appendix A to the Original Participation Agreement).

“Receivables Purchase Agreement” means the Financing Agreement Rights Purchase Agreement dated as of June 30, 2003 between Corporate Obligee, as seller, and Trust Obligee, as purchaser, a copy of which is
attached as Exhibit C to the Participation Agreement.

“Redelivery Location” means, with respect to any Item of Equipment that is to be returned by Obligor to Corporate Obligee, a location or locations designated by Corporate Obligee.

“Related Exhibit A” means, with respect to an Item of Equipment, the particular numbered Exhibit A currently attached to the Original Equipment Agreement and made a part thereof to which such Item relates as
specified in Section 4 of the Equipment Agreement.

“Related Equipment Agreement Supplement” means, with respect to an Item of Equipment, the particular numbered Equipment Agreement Supplement executed and delivered prior to the Restructuring Date in
connection with the Original Operative Documents on which that Item is identified.

“Renewal Term” for each Item of Equipment means each twelve (12) month period following the end of the Basic Term for such Item with respect to which Obligor has the option to renew the Equipment Agreement
pursuant to Section 25.1 of the Equipment Agreement, terminating on the Payment Date that occurs in the twelfth month of such Renewal Term.

“Required Alteration” has the meaning set forth in Section 12 of the Equipment Agreement.

“Responsible Officer” means the chief executive officer, the president, the chief financial officer, the Chief operating officer or the vice president for financial or legal affairs of Obligor.

“Restricted Subsidiary” means any Subsidiary identified as a “Restricted Subsidiary” in the Multi-Currency Credit Agreement.

“Restructuring Date” means June 30, 2003.

“Risk Allocation Agreement” means the Risk Allocation Agreement dated as of September 30, 1999 by and among Commerzbank Aktiengesellschaft, New York Branch and each other party referred to therein as a
“Purchaser” and Commerzbank Aktiengesellschaft, New York Branch, as agent for itself and the other Purchasers thereunder.

“Secured Obligations” has the meaning set forth in Section 7 of the Participation Agreement.

“Security Documents” means the UCC financing statements referenced in Section 2.1(g) of the Participation Agreement, the French Commercial Pledge Agreements, the German Chattel Mortgage Agreements, the
English Debentures, and Subsidiary Equipment Agreements.

“Security Trustee” means Bank of Tokyo-Mitsubishi Trust Company. 

“Special Non-Cash Charges” means any non-cash, non recurring restructuring charges in accordance with GAAP and non-cash charges relating to the implementation of Statement of Financial Accounting Standard
No. 142, Goodwill and Other Intangible Assets, issued by the Financial Accounting Standards Board.

“Standard & Poor’s” means Standard & Poor’s Rating Service, a Division of McGraw Hill Companies, Inc. and any successor or assign.

“Subsidiary” means as to any Person, a corporation, partnership or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership
interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled,
directly or indirectly through one or more intermediaries, or both, by such Person.

“Subsidiary Equipment Agreement” has the meaning set forth in Section 14.1 of the Equipment Agreement.

“Supplemental Payments” means all amounts, liabilities and obligations which Obligor assumes or agrees to pay hereunder to Corporate Obligee or others, including payments of Casualty Loss Value, Estimated
Residual Value and indemnities, but excluding Equipment Payment.

“Taxes” has the meaning set forth in Section 8.2 of the Participation Agreement.

“Term” for each Item of Equipment means the period from and including the Acceptance Date thereof and ending on the last day of the Basic Term thereof or, if renewed, the last Renewal Term
thereof.

“Termination Date” for each Item of Equipment means the last day of the Basic Term therefor, or if the Term of such Item has been renewed pursuant to Section 25.1 of the Equipment Agreement, the last day of
the then current Renewal Term of such Item.

“Transfer Option Amount” has the meaning set forth in Section 25.2 of the Equipment Agreement.

“Transferred Property” has the meaning set forth in Section 1 of the Receivables Purchase Agreement.

“Transferred Property Collateral” has the meaning set forth in Section 7.1(b) of the Participation Agreement.

“Trust” means the trust created by the Trust Agreement.

“Trust Agreement” means that certain Trust Agreement by and between Trust Company and Owner Participant, dated as of June 30, 2003, as amended, supplemented or modified from time to time.

“Trust Collateral” has the meaning set forth in Section 7.1(c) of the Participation Agreement.

“Trust Estate” has the meaning specified in Section 2.6 of the Trust Agreement.

“Trust Company” means U.S. Bank National Association, a national banking association, and its successors and assigns, each in its individual capacity.

“Trust Company Liabilities” means any claims or liabilities resulting from or arising out of the following (i) the willful misconduct or gross negligence of Trust Company; (ii) the liabilities that may
result from the breach or inaccuracy of any of the Trust Company’s representations, warranties or agreements made in its individual capacity in Sections 5.6 and 5.14 of the Trust Agreement, or in any Operative Documents or any document delivered in connection
therewith; (iii) any failure by Trust Company to perform the obligations expressly undertaken in its individual capacity in the Trust Agreement or in any Operative Document or any document delivered in connection therewith; (iv) Taxes based on or measured by any
fees, commissions or compensation received by Trust Company for acting as trustee in connection with any of the transactions contemplated by the Operative Documents; or (v) any failure by Trust Company to use ordinary care in the receipt and disbursement of
fund.

“Trust Obligee” means U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee under the Trust Agreement, and its permitted successors and
assigns.

“UCC” means the Uniform Commercial Code, as in effect in any applicable jurisdiction.

“UCC Location” means the jurisdiction in which a “debtor” is located (or deemed located) under the UCC.

“Unamortized Debt Balance” for any Item of Equipment, means the amount calculated by multiplying the unpaid principal balance of the Loans made with respect to such Item of Equipment by a fraction, the
numerator of which is the Acquisition Cost of such Item of Equipment as set forth on the Related Equipment Agreement Supplement and the denominator of which is the aggregate of all Acquisition Costs for Items of Equipment as set forth on the Related Equipment
Agreement Supplement (including such Item of Equipment with respect to which such calculation is being made) and at the time subject to the Equipment Agreement.

When used in any Operative Document the words “this Agreement”, “herein”, “hereunder”, “hereof” or other like words mean and include such Operative Document and each amendment
and supplement thereto, and with respect to the Equipment Agreement, each Exhibit A, each Equipment Agreement Supplement.  All references to sections, schedules and exhibits in any Operative Document are to sections, schedules and exhibits in or to such
Operative Document unless otherwise specified.  All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles in effect from time to time in the United States.  All words importing any
gender shall be deemed to include the other gender.  All references to statutes are to be construed as including all statutory provisions consolidating, amending or replacing the statute referred to.  Unless otherwise specified, references to agreements and
other contractual instruments shall be deemed to include all subsequent amendments, modifications and supplements thereto.Harman 10-K Exhibit 10.3

Exhibit 10.3

AMENDED AND RESTATED PARTICIPATION AGREEMENT

among

HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED

as Obligor

U.S. BANK NATIONAL ASSOCIATION

in its individual capacity and as trustee,

as Trust Obligee

BTM CAPITAL CORPORATION

as Corporate Obligee and Owner Participant

THE FINANCIAL INSTITUTIONS NAMED HEREIN AS LENDERS

as Lenders

BANK OF TOKYO-MITSUBISHI TRUST COMPANY

as Agent and Security Trustee

Dated as of June 30, 2003

(1999)

                                               

TABLE OF CONTENTS

						
Page

						
		
1.

		
Definitions.

		
2

						
		
2.

		
Representations and Warranties.

		
2

				
2.1.

	
Obligor Representations and Warranties.

		
2

				
2.2.

	
Trust Obligee Representations and Warranties.

		
6

				
2.3.

	
Further Trust Obligee Representations and Warranties.

		
7

				
2.4.

	
Trust Company Representations and Warranties

		
8

				
2.5.

	
Corporate Obligee Representations and Warranties.

		
9

				
2.6.

	
[Reserved.]

		
10

						
		
3.

		
[Reserved.]

		
10

						
		
4.

		
Restructuring of Original Loans.

		
10

				
4.1.

	
Equity Components.

		
10

				
4.2.

	
Amended and Restated Transaction.

		
11

				
4.3.

	
Rights in Original Equipment.

		
12

				
4.4.

	
Original Conditions.

		
12

						
		
5.

		
Amount and Terms of Loans.

		
12

				
5.1.

	
Acknowledgment of Original Loans.

		
12

				
5.2.

	
A Loans and B Loans.

		
12

				
5.3.

	
Notes.

		
13

				
5.4.

	
[Reserved.]

		
14

				
5.5.

	
Payments.

		
14

				
5.6.

	
Prepayments Limited.

		
17

				
5.7.

	
Mandatory Prepayments.

		
17

				
5.8.

	
Application of Prepayments.

		
17

				
5.9.

	
Recalculation of Loan Payments and Amortization Schedule.

		
18

				
5.10.

	
Loan Events of Default.

		
18

				
5.11.

	
Remedies of Lenders.

		
20

						
		
6.

		
Covenants.

		
23

				
6.1.

	
Obligee Covenants.

		
23

				
6.2.

	
Further Obligee Covenants.

		
25

				
6.3.

	
Additional Trust Company Covenants.

		
26

				
6.4.

	
Owner Participant Covenants.

		
26

				
6.5.

	
Covenants of the Lenders and Security Trustee.

		
26

				
6.6.

	
Obligor Covenants.

		
27

				
6.7.

	
Obligor Negative Covenants.

		
28

				
6.8.

	
Covenants of Lenders, Obligees, Agent and Security Trustee, Trust

 Company and Owner Participant.

		
29

				
6.9.

	
Warranty Disclaimers.

		
29

						
		
7.

		
Security.

		
30

				
7.1.

	
Security Interest.

		
30

				
7.2.

	
Consent and Agreement of Obligor.

		
31

				
7.3.

			
32

					
7.3.1

	
Further Corporate Obligee Covenants.

		
32

					
7.3.2

	
Further Trust Obligee Covenants.

		
32

				
7.4.

	
Further Assurances.

		
33

				
7.5.

	
Termination.

		
33

				
7.6.

	
Other Security.

		
33

				
7.7.

	
Power of Attorney.

		
34

				
7.8.

	
Assignment of Rights.

		
34

				
7.9.

	
Transfer of the Collateral by Lenders.

		
34

				
7.9.

	
transferee’s distributive share of the transfer price.

		
35

				
7.10.

	
No Segregation of Monies; No Interest.

		
35

				
7.11.

	
Distribution of Moneys.

		
35

				
7.12.

	
Payments after a Loan Event of Default.

		
36

				
7.13.

	
Application of Certain Other Payments.

		
37

				
7.14.

	
Other Payments.

		
37

				
7.15.

	
Retention of Amounts by Security Trustee.

		
37

						
		
8.

		
Indemnities.

		
37

				
8.1.

	
Obligor General Indemnification.

		
37

				
8.2.

	
Obligor General Tax Indemnity.

		
39

				
8.3.

	
[Intentionally Deleted.]

		
42

				
8.4.

	
Survival.

		
42

						
		
9.

		
Agent for Lenders.

		
42

				
9.1.

	
Authorization and Action.

		
42

				
9.2.

	
Agent’s Reliance, etc.

		
42

				
9.3.

	
Agents and Affiliates.

		
43

				
9.4.

	
Lenders Credit Decision.

		
43

				
9.5.

	
Indemnification.

		
43

				
9.6.

	
Successor Agent.

		
44

				
9.7.

	
Holder List; Ownership of Notes.

		
44

						
		
10.

		
Miscellaneous.

		
45

				
10.1.

	
Expenses and Recording.

		
45

				
10.2.

	
Modification.

		
46

				
10.3.

	
Governing Law, Jurisdiction and Venue; Waiver of Jury.

		
46

				
10.4.

	
Notices.

		
46

				
10.5.

	
Interest in the Equipment.

		
47

				
10.6.

	
Descriptive Headings, etc.

		
48

				
10.7.

	
Benefit of Agreement; Assignment.

		
48

				
10.8.

	
Execution and Effectiveness.

		
49

				
10.9.

	
Registration.

		
49

				
10.10.

	
Confidentiality.

		
50

				
10.11.

	
Survival.

		
51

				
10.12.

	
Severability.

		
51

				
10.13.

	
No Broker.

		
51

				
10.14.

	
Performance by Lenders.

		
51

				
10.15.

	
Payment from Collateral; Limited Recourse.

		
51

				
10.16.

	
No Proceedings.

		
52

				
10.17.

	
Concerning Trust Company.

		
52

				
10.18.

	
Waiver for Amendment and Restatement and Further Assurances.

		
52

						
						
						
						
	
Schedule 1

	
[Reserved]

		
	
Schedule 2

	
LIBOR Margins

		
	
Schedule 3

	
Amortization Schedule for the A Loans and the B Loans

		
	
Schedule 4

	
Initial Addresses of Lenders

		
	
Schedule 5

	
Form of Assignment and Acceptance Agreement

		
	
Exhibit A

	
Copy of Original Trust Purchase Agreement

		
	
Exhibit B

	
Copy of Assumption and Revocation Agreement

		
	
Exhibit C

	
Receivables Purchase Agreement

		
	
Exhibit D-1

	
Form of A Note

		
	
Exhibit D-2

	
Form of B Note

		

AMENDED AND RESTATED

PARTICIPATION AGREEMENT

This AMENDED AND RESTATED PARTICIPATION AGREEMENT, dated as of June 30, 2003 (together with all amendments and supplements hereto, this “Agreement”) is among HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED, a
Delaware corporation (together with its successors and permitted assigns “Obligor”), U.S. BANK NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as trustee (together with its successors and permitted
assigns, “Trust Obligee”) and in its individual capacity, but only where so specified, (together with its successors and permitted assigns, “Trust Company”), BTM CAPITAL CORPORATION, a Delaware corporation (as successor and
assignee of U.S. Bank National Association, successor-in-interest to State Street Bank and Trust Company of Connecticut, National Association, as “Owner Trustee”) (together with its successors and permitted assigns, “Corporate
Obligee” and, together with Trust Obligee, collectively, “Obligees”), THE BANK OF TOKYO-MITSUBISHI, LTD., NEW YORK BRANCH, DEN DANSKE BANK A/S, Cayman Island Branch, HSBC BANK USA and THE BANK OF NOVA SCOTIA (each as assignee of Four
Winds Funding Corporation) (together with their respective successors and assigns, each as a “Lender” and collectively, the “Lenders”), BANK OF TOKYO-MITSUBISHI TRUST COMPANY, the New York trust company (as assignee of
Commerzbank Aktiengesellschaft, New York Branch), as agent for Lenders (together with its successors and permitted assigns, “Agent”) and as security trustee (together with its successors and permitted assigns, “Security Trustee”)
and BTM CAPITAL CORPORATION, a Delaware corporation, (together with its successors and permitted assigns, the “Owner Participant”).

W I T N E S S E T H:

WHEREAS, the Original Owner Trustee under the Original Trust Agreement financed certain manufacturing equipment pursuant to the Original Participation Agreement and the Original Equipment Agreement;

WHEREAS, on the date hereof, pursuant to the Original Trust Purchase Agreement, Corporate Obligee shall acquire the beneficial interests of the Original Owner Participant under the Original Trust Agreement with respect to
which Original Owner Trustee acted as trustee under the existing financing evidenced by the Original Participation Agreement and the Original Equipment Agreement;

WHEREAS, pursuant to the Assumption and Revocation Agreement, Original Owner Trustee assigned to Corporate Obligee and Corporate Obligee assumed from Original Owner Trustee all of Original Owner Trustee’s right, title,
interest and obligations in, to and under the Original Trust Agreement and the Original Trust Estate, including, without limitation, all of Original Owner Trustee’s right, title, interest and obligations under the Original Notes evidencing the Original Loans,
and thereupon Corporate Obligee terminated the Original Trust Agreement and revoked the trust created thereunder;

WHEREAS, the Lenders, Trust Obligee and Corporate Obligee have each agreed to restructure the Original Loans into (a) A Loans to Corporate Obligee, subject to the conditions in this Agreement, and (b) B Loans to Corporate
Obligee, subject to the conditions in this Agreement;

WHEREAS, Corporate Obligee acquired its right, title and interest in, to and under the Original Trust Agreement and the Original Trust Estate subject to the Liens of the Security Trustee, which Liens are for the benefit of all
Lenders to secure the A Notes and B Notes in accordance with the terms hereof;

WHEREAS, pursuant to the Receivables Purchase Agreement, Trust Obligee purchased from Corporate Obligee, and Corporate Obligee sold to Trust Obligee, the Transferred Property subject to the Liens of the A Notes with the
purchase price therefor being the assumption by Trust Obligee from Corporate Obligee of the A Loans;

WHEREAS, the Lenders (or their predecessor-in-interest) acquired their respective undivided ownership interests in and to the Original Notes and the Original Loans pursuant to the Liquidity Agreement and the other Original
Operative Documents; and

WHEREAS, the parties hereto desire that this Agreement amend and restate the Original Participation Agreement in its entirety to consummate the transactions described in the foregoing recitals and for certain other
purposes.

NOW, THEREFORE, in consideration of the premises and mutual agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby
agree to amend and restate the Original Participation Agreement in its entirety as follows:

Definitions.

Unless the context otherwise requires, capitalized terms used herein and not otherwise defined herein shall have the meanings set forth or referred to in Appendix A to this Agreement.

Representations and
Warranties.

2.1       Obligor Representations and Warranties.  Obligor hereby represents and warrants as of the Restructuring Date for the benefit of each other party hereto that:

                                   
(a)        Obligor is a corporation duly organized, validly existing and in good standing under the laws of its state of incorporation set forth above, has full power, authority and legal right under such laws to execute, deliver
and perform its obligations under the Operative Documents to which it is a party and is qualified to do business in and is in good standing in each state or other jurisdiction in which the nature of its business makes such qualification necessary, except where
failure to so qualify would not have a material adverse effect on Obligor;

                                   
(b)        the financing of the Equipment, the execution and delivery of the Operative Documents and the other related instruments, documents and agreements to which it is a party, and the compliance by Obligor with the terms hereof
and thereof and the payments and performance by Obligor of any of its obligations hereunder and thereunder (i) have been duly and legally authorized by appropriate corporate action taken by Obligor, (ii) are not in contravention of, and will not result in a violation
or breach of, any of the terms of Obligor’s certificate of incorporation, its by-laws or any provisions relating to the capital stock of Obligor, and (iii) do not violate or constitute a breach of any provision of law, any order of any court or other agency of
government, or any indenture, agreement or other instrument to which Obligor is a party, or by or under which Obligor or any of Obligor’s property is bound except where such violation or breach would not be expected to have a material adverse effect on Obligor
and would not affect Obligees’ respective interests in the Obligee Property, Security Trustee’s interest in the Collateral or any party’s remedies under the Operative Documents, or conflict with, result in a breach of, or constitute (with due notice
and/or lapse of time) a default under any such indenture, agreement or instrument except where such conflict, breach or default would not be expected to have a material adverse effect on Obligor and would not affect Obligees’ respective interests in the Obligee
Property, Security Trustee’s interest in the Collateral or any party’s remedies under the Operative Documents, or result in the creation or imposition of any Lien, other than Permitted Liens, upon any of Obligor’s property or assets and (iv) do not
require, on the part of Obligor or any shareholder or Subsidiary thereof, the consent or approval of, the giving of notice to, the registration with, or the taking of any other action in respect of, any Governmental Entity except for filings, if any, made pursuant to
any notice reporting requirement applicable to it;

                                    (c
)       each Operative Document to which it is a party and each Security Document to which a Subsidiary of Obligor is a party has been executed by the duly authorized officer or officers of Obligor or such Subsidiary, respectively, and
delivered to the other parties thereto and (assuming due authorization, execution and delivery of the Operative Documents by the other parties thereto) constitutes, or when executed by the duly authorized officer or officers of Obligor or such Subsidiary and
delivered to the other parties thereto, such Operative Documents will constitute, the legal, valid and binding obligations of Obligor or such Subsidiary, enforceable against Obligor or such Subsidiary in accordance with their respective terms except as limited by any
applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights from time to time in effect and by general principles of equity including those applicable to the enforceability of the remedy of
specific performance;

                        (d)        Immediately prior to giving effect to
each Cross-Receipt under the Original Operative Documents therefor, Obligor had good and marketable title to each Item of Equipment specified in such Cross-Receipt, and Obligor has not granted any Lien on any Item of Equipment or the proceeds thereof, the Equipment
Agreement or the insurance required under the Equipment Agreement other than Liens granted by it under the Operative Documents, and no Lien, other than Permitted Liens, has attached to any Item of Equipment, the proceeds thereof or the Equipment Agreement or the
insurances required under the Equipment Agreement, or in any manner has affected adversely Corporate Obligee’s, Trust Obligee’s or Security Trustee’s right, title and interest therein;

                                   
(e)        each Item of Equipment is personal property and not a fixture attached to realty under Applicable Law, and each Item of Equipment that has a serial number or other identification number set forth therefor on the Related
Equipment Agreement Supplement has such serial number or other identification number permanently affixed thereto.

                                   
(f)         (i) when the Subsidiary Equipment Agreements were executed, the security interests in the Equipment granted to Obligor by the Subsidiaries pursuant to the Subsidiary Equipment Agreements, (ii) the security interests
in the Equipment and in the Subsidiary Equipment Agreements granted to Corporate Obligee by Obligor pursuant to the Equipment Agreement and (iii) the security interests in the Equipment Collateral granted to Security Trustee pursuant to this Agreement, in each case
constitute a first priority Lien with respect to such Equipment Collateral under Applicable Law, and Obligor, Corporate Obligee and Security Trustee shall be entitled to all of the rights, benefits and priorities provided to a holder of a first priority Lien under
Applicable Law.

                                   
(g)        for each Item of Equipment located in the United States for which a serial number or other identification number is identified on the Related Equipment Agreement Supplement, upon the filing of:

(i)         appropriately completed UCC financing statements with the Equipment described in the manner described on the Related Equipment Agreement Supplement (1) naming the relevant
Subsidiary of Obligor that is a party to a Subsidiary Equipment Agreement as debtor and the Obligor as secured party, with the Secretary of State of the State of such Subsidiary’s UCC Location, (2) naming Obligor as debtor and Corporate Obligee as secured
party, with the Secretary of State of the State of Obligor’s UCC Location, and (3) naming Corporate Obligee as debtor and the Security Trustee as secured party, with the Secretary of State of the State of Corporate Obligee’s UCC Location;

(ii)        appropriately completed UCC “in-lieu” financing statements continuing the effectiveness of the Pre Effective Date Financing Statements (x) naming a Subsidiary of
Obligor that is a party to a Subsidiary Equipment Agreement as debtor and Obligor as secured party, filed with the Secretary of State of the relevant Subsidiary of Obligor’s UCC Location, (y) naming Obligor as debtor and Original Obligee as secured party, filed
with the Secretary of State of the State of Obligor’s UCC Location and (z) naming Original Obligee as debtor and Original Security Trustee as secured party, filed with the Secretary of State of the State of Original Obligee’s UCC Location;

(iii)       appropriately completed UCC-3 financing statements assigning the Liens evidenced by the UCC financing statements referenced in (ii) above (x) naming Original Obligee as secured party
from Original Obligee to and for the benefit of Corporate Obligee and (v) naming Original Security Trustee as secured party to and for the benefit of Security Trustee in each case filed with the Secretary of State of the State of the relevant UCC Location;

(iv)       an appropriately completed UCC-3 financing statements amending the UCC financing statements referenced in (ii) above naming Original Obligee as debtor to reflect Corporate Obligee as
the debtor for the benefit of Security Trustee and filed with the Secretary of State of the State of Corporate Obligee’s UCC Location,

the security interest in each such Item of Equipment granted to Obligor by such Subsidiary pursuant to the related Subsidiary Equipment Agreement, the security interests in such Item of Equipment and in the related Subsidiary
Equipment Agreement granted by Obligor to Corporate Obligee pursuant to the Equipment Agreement, and the security interests in such Item of Equipment and in the Equipment Agreement granted by Corporate Obligee to Security Trustee pursuant to this Agreement, shall in
each case constitute a first priority perfected Lien under the UCC (as applicable) with respect to such Equipment, Subsidiary Equipment Agreement and Equipment Agreement under Applicable Law and Obligor, Corporate Obligee and Security Trustee shall be entitled to all
of the rights and benefits and priorities provided to a holder of a perfected first priority Lien under Applicable Law, and on Restructuring Date, all recordations and filings shall have been accomplished with respect to this Agreement in each UCC jurisdiction as may
be required by Applicable Law to establish and perfect Obligor’s Liens granted by such Subsidiary of Obligor, Corporate Obligee’s Liens granted by Obligor and Security Trustee’s Liens granted by Corporate Obligee in and to such Item of Equipment,
such Subsidiary Equipment Agreement and the Equipment Agreement, and any giving of notice or any other action to such end required by Applicable Law has been given or taken;

                        (h)        for each Item of Equipment located in the
United States for which a serial number or other identification number is identified on the Related Equipment Agreement Supplement, (i) the security interests in the Equipment Collateral granted by Corporate Obligee to Security Trustee pursuant to this Agreement
constitutes a first priority Lien with respect to the Equipment Collateral under Applicable Law, (ii) upon the filing of appropriately completed UCC financing statement with the Equipment described in the manner described on the Related Equipment Agreement Supplement
for the benefit of Security Trustee and filed with the Secretary of State of the State of Corporate Obligee’s UCC Location, the security interests in Corporate Obligee’s interest in each such Item of Equipment granted to Security Trustee pursuant to this
Agreement constitutes a first priority perfected Lien with respect to such interest in such Items of Equipment under Applicable Law and Security Trustee shall be entitled to all of the rights and benefits and priorities provided to a holder of a perfected first
priority Lien under Applicable Law, and (iii) all recordations and filings shall be accomplished with respect to this Agreement in each jurisdiction in the United States as may be required by law to establish and perfect Security Trustee’s rights in and to such
Items of Equipment located in the United States and in the Equipment Agreement and any giving of notice or any other action such end required by Applicable Law has been given or taken;

                        (i)         Obligor’s UCC Location is in
the State of Delaware;

                        (j)         no Equipment Agreement Default or
Equipment Agreement Event of Default has occurred and is continuing and no Event of Loss or event which with the passage of time, would become or Event of Loss has occurred;

                        (k)        there is no litigation or other
proceeding now pending or, to the Obligor’s knowledge, threatened, against or affecting Obligor or any Subsidiary thereof, in any court or before any regulatory commission, board or other administrative governmental agency which will adversely affect or impair
the right, title or interest of Corporate Obligee to any Item of Equipment, the Equipment Agreement or any other Operative Document, or the security interest of Security Trustee in any Item of Equipment or the Equipment Agreement, this Agreement or any Operative
Document, or which, if decided adversely to Obligor or such Subsidiary, will materially adversely affect the business operations or financial condition of Obligor;

                        (l)         without limiting the generality of
the foregoing, the retention of possession by Obligor of the Items of Equipment financed hereunder following the transfer of an interest therein to Corporate Obligee shall not be deemed fraudulent or void as against any present or future creditor of Obligor under
Applicable Law, nor would any subsequent bona fide purchaser from Obligor of such Items of Equipment, in the event of any attempted subsequent transfer thereof by Obligor, acquire any title to or rights therein superior to Corporate Obligee’s right, title or
interest therein;

                        (m)       Obligor has delivered to each Obligee, Owner
Participant, each Lender and Agent its most recent annual report on Form 10-K and quarterly report on Form 10-Q and they are complete and correct in all material respects, accurately present the financial condition of Obligor on the dates for which, and the results
of its operations for the periods for which, the same have been furnished and have been prepared in accordance with generally accepted accounting principles consistently followed throughout the periods covered thereby; and there has been no material adverse change in
the condition of Obligor and its Subsidiaries taken as a whole, financial or otherwise, since the date of such Form 10-Q;

                        (n)        Obligor has not entered into the
transactions contemplated herein, directly or indirectly, in connection with any arrangement in any way involving any employee benefit plan or plans or related trust to which it is a party in interest or disqualified person, all within the meaning of ERISA, and the
Code, and, assuming the accuracy of the representations made in Sections 2.5(f) and (g) and 2.6(a) and (b) herein, the execution and delivery of, and the consummation of the transactions contemplated by, the Operative Documents, will be exempt from, or will not
involve any transaction which is subject to, the prohibitions of either Section 406 of ERISA or Section 4975 of the Code and will not involve any transaction in connection with which a penalty could be imposed under Section 502(i) of ERISA or a tax could be imposed
pursuant to Section 4975 of the Code;

                        (o)        Obligor is not an “investment
company”, or a company “controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended;

                        (p)        Obligor delivered to Original Obligee a
true, correct and complete Certificate of Costs evidencing payment for the Items of Equipment specified in such Certificate of Costs financed by Original Obligee;

                        (q)        payment in full has been made by or on
behalf of Obligor to the vendor of each Item of Equipment; and

                        (r)        each Item of Equipment is leased to a
Subsidiary of Obligor, and the identification of such Subsidiary, the location of its chief executive office and the location of such Item of Equipment are each identified on the Subsidiary Equipment Agreement.

            2.2       Trust Obligee Representations and Warranties.  Trust Obligee hereby represents and warrants as of the Restructuring
Date for the benefit of each party hereto that:

                        (a)        Trust Obligee is a trust duly established
and validly existing under the laws of the State of Connecticut, has full power, authority and legal right under such laws to execute, deliver and perform its obligations under the Operative Documents to which it is a party;

                        (b)        the financing of the Transferred
Property, the execution and delivery of the Operative Documents and the other related instruments, documents and agreements to which it is a party, and the compliance by Trust Obligee with the terms hereof and thereof and the payments and performance by Trust Obligee
of any of its obligations hereunder and thereunder (i) have been duly and legally authorized by appropriate trust action taken by Trust Obligee, (ii) are not in contravention of, and will not result in a violation or breach of, any of the terms of Trust
Obligee’s Trust Agreement, (iii) will not violate or constitute a breach of any provision of law, any order of any court or other agency of government, or any indenture, agreement or other instrument to which Trust Obligee is a party, or by or under which Trust
Obligee or any of Trust Obligee’s property is bound, or be in conflict with, result in a breach of, or constitute (with due notice and/or lapse of time) a default under any such indenture, agreement or instrument, or result in the creation or imposition of any
Lien, other than Permitted Liens, upon any of Trust Obligee’s property or assets, and (iv) will not require, on the part of the Trust Company or any Affiliate thereof, the consent or approval of, the giving of notice to, the registration with, or the taking of
any other action in respect of, any United States federal or Connecticut local governmental or public commission, board, authority or agency except for filings, if any, made pursuant to any notice reporting requirement applicable to it;

            (c)        each Operative Document to which it is a party has been executed by the duly authorized officer or officers of
the Trust Company on behalf of the Trust Obligee and delivered to the other parties thereto and constitutes, or when executed by the duly authorized officer or officers of the Trust Company on behalf of the Trust Obligee and delivered to the other parties thereto,
such Operative Documents will constitute, the legal, valid and binding obligations of Trust Obligee, enforceable against it in accordance with their terms except as limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting
the enforcement of creditors’ rights from time to time in effect and by general principles of equity including those applicable to the enforceability of the remedy of specific performance;

            (d)        there are no outstanding judgments against Trust Obligee and no pending or threatened action (known to Trust
Obligee) or proceeding affecting Trust Obligee before any court, governmental agency or arbitrator, in any jurisdiction;

            (e)        there is no tax, levy, impost, deduction, charge or withholding which may be imposed on or asserted against the
Transferred Property Collateral or any part thereof or any interest therein, or against Lenders, Agent or Security Trustee under the laws of the State of Connecticut either (i) on or by virtue of the execution or delivery of Operative Documents or any other document
contemplated thereby, or (ii) on any payment to be made by Trust Obligee pursuant to the Loan Documents or any other document contemplated thereby to which Trust Obligee is a party; and

            (f)         Trust Obligee has no indebtedness or other liabilities, whether contingent or otherwise, other than its
obligations under and as contemplated by the Operative Documents.

            2.3.      Further Trust Obligee Representations and Warranties.  Trust Obligee hereby represents and warrants as of the Restructuring
Date for the benefit of Lenders, Agent and Security Trustee that:

            (a)        it has all rights and interests in the Transferred Property Collateral, free and clear of all Liens other than
Permitted Liens;

            (b)        (i) the security interests in the Transferred Property Collateral granted by it to Security Trustee
pursuant to this Agreement constitute a Lien with respect to such Transferred Property Collateral under Applicable Law, and (ii) all recordations and filings shall have been accomplished with respect to this Agreement in each jurisdiction in the United States as may
be required by law to establish and perfect Security Trustee’s rights in and to the Transferred Property Collateral and any giving of notice or any other action to such end required by Applicable Law has been given or taken;

            (c)        its UCC Location is in the State of Ohio; and

            (d)        it makes each of the representations and warranties made by it in each other Operative Document to which it is a
party to, and for the benefit of, Lenders, Agent and Security Trustee as if the same were set forth in full herein.

            2.4.      Trust Company Representations and Warranties.  Trust Company hereby represents and warrants as of the Restructuring Date for
the benefit of each of the parties hereto that:

                        (a)        it is a national banking association,
duly organized, validly existing and in good standing under the laws of the United States of America, and has full power, authority and legal right under such laws to execute, deliver and perform its obligations under this Agreement and the Trust
Agreement;

                        (b)        each of the Trust Agreement and (to the
extent of the covenants, agreements, representations and warranties of Trust Company in its individual capacity contained herein) this Agreement has been duly executed and delivered by Trust Company, and (assuming due authorization, execution and delivery of the
Trust Agreement by Owner Participant) the Trust Agreement and (to the extent of the covenants, agreements, representations and warranties of Trust Company in its individual capacity contained herein) this Agreement constitutes a legal, valid and binding obligation of
Trust Company, enforceable against Trust Company in accordance with its terms;

                        (c)        neither the execution or delivery by
Trust Company of the Trust Agreement or this Agreement nor the performance by Trust Company of its obligations hereunder or thereunder (i) conflicts or will conflict with or violate in any respect any applicable United States federal law governing the banking or
trust powers of Trust Company or any Connecticut law applicable to or binding upon Trust Company or any of its Affiliates, or any of their respective properties, (ii) conflicts or will conflict with or violate Trust Company’s articles of association or by-laws,
(iii) conflicts or will conflict with, or contravene, violate or result in a breach of, any indenture, mortgage, loan agreement, lease or any other material agreement or material instrument to which Trust Company or any of its Affiliates is a party or by which any of
their respective properties is bound, (iv) results or will result in the creation or imposition of any Lien (other than Permitted Liens) on the Transferred Property Collateral, or (v) requires or will require, on the part of Trust Company or any Affiliate of
Trust Company, the consent or approval of, the giving of notice to, the registration with, or the taking of any other action in respect of, any Government Entity governing the banking or trust powers of Trust Company, except for filings, if any, made pursuant to any
notice reporting requirement applicable to it; provided, that no representation is made as to any laws, rules or regulations applicable to the particular nature of the Transferred Property Collateral;

            (d)        it is not in breach of any covenants or agreements made by it in the Trust Agreement or by it in its individual
capacity in this Agreement;

            (e)        its UCC Location is in the State of Ohio; and

            (f)         there are no actions, suits or proceedings pending or, to the best knowledge of Trust Company, threatened
before any court or by or before any other Government Entity, or any arbitrator, which (i) either individually or in the aggregate, would have a material adverse effect on the Trust Company or the Trust Estate or on the right, power or authority of Trust Company to
perform its obligations under the Operative Documents to which it is, or is to become a party or on Trust Obligee’s ability to perform its obligations under any Operative Document to which it is, or is to become, a party or (ii) call into question the validity
or the enforceability of any Operative Document.

            2.5.      Corporate Obligee Representations and Warranties.  Corporate Obligee represents and warrants as of the Restructuring Date
for the benefit of each other party hereto that:

            (a)        Corporate Obligee is a corporation duly organized, validly existing and in good standing under the laws of the
state of Delaware, has full power, authority and legal right under such laws to execute, deliver and perform its obligations under the Operative Documents to which it is a party and is qualified to do business in, is in good standing in all material respects in, each
state or other jurisdiction in which the nature of its business makes such qualification necessary, except where failure to so qualify would not have a material adverse effect on Corporate Obligee;

            (b)        the financing of the Equipment as contemplated hereby, the execution and delivery of the Operative Documents and
the other related instruments, documents and agreements to which it is a party, and the compliance by Corporate Obligee with the terms hereof and thereof and the payments and performance by Corporate Obligee of any of its obligations hereunder and thereunder (i) have
been duly and legally authorized by appropriate corporate action taken by Corporate Obligee, (ii) are not in contravention of, and will not result in a violation or breach of, any of the terms of Corporate Obligee’s certificate of incorporation (or equivalent
document), its by-laws or any provisions relating to the capital stock of Corporate Obligee, and (iii) will not violate or constitute a breach of any provision of law, any order of any court or other agency of government, or any indenture, agreement or other
instrument to which Corporate Obligee is a party, or by or under which Corporate Obligee or any of Corporate Obligee’s property is bound, or be in conflict with, result in a breach of, or constitute (with due notice and/or lapse of time) a default under any
such indenture, agreement or instrument, or result in the creation or imposition of any Lien upon any of Corporate Obligee’s property or assets other than the Lien of the Security Trustee hereunder and any Permitted Liens, and (iv) will not require, on the part
of Corporate Obligee or any Affiliate thereof, the consent or approval of, the giving of notice to, the registration with, or the taking of any other action in respect of, any United States federal or Delaware local governmental or public commission, board, authority
or agency except for filings, if any, made pursuant to any notice reporting requirement applicable to it;

            (c)        each Operative Document to which it is a party has been executed by the duly authorized officer or officers of
Corporate Obligee and delivered to the other parties thereto and constitutes, or when executed by the duly authorized officer or officers of Corporate Obligee and delivered to the other parties thereto, such Operative Documents will constitute, the legal, valid and
binding obligations of Corporate Obligee, enforceable in accordance with their terms except as limited by any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights from time to time in
effect and by general principles of equity including those applicable to the enforceability of the remedy of specific performance;

            (d)        Corporate Obligee is not in breach of any covenants or agreements made by it in this Agreement or in the
Equipment Agreement or in its capacity as Owner Participant in the Trust Agreement;

            (e)        there are no actions, suits or proceedings pending or, to the best knowledge of Corporate Obligee, threatened
before any court or by or before any other Government Entity, or any arbitrator, which (i) either individually or in the aggregate, would have a material adverse effect on the Equipment Collateral or on the right, power and authority of Corporate Obligee’s
ability to perform its obligations under any Operative Document to which it is, or is to become, a party or (ii) call into question the validity thereof or the enforceability thereof in accordance with the terms thereof;

            (f)         no part of the funds used or to be used by it to make its investment in the Trust Estate contemplated
hereby does or will constitute assets of an employee benefit plan, within the meaning of ERISA or any applicable regulation thereunder, or any assets or any plan, as defined in Section 4975(e)(1) of the Code; and

            (g)        Corporate Obligee has all rights and interests that Original Obligee had in each Item of Equipment (including the
parts and components thereof) and the Equipment Collateral, free and clear of all Liens arising by, through or under Corporate Obligee other than the Permitted Liens;

            (h)        Security Trustee’s interests in the Equipment Agreement has been registered in accordance with Section 14.3
of the Equipment Agreement; and

            (i)         Corporate Obligee’s UCC Location is in the State of Delaware.

[Reserved.]

3.         [Reserved.]

4.         Restructuring of Original Loans.

            4.1.      Equity Components.  Pursuant to the Original Participation Agreement, the Original Owner Participant advanced Equity
Components of each Item of Equipment and each party hereto hereby acknowledges and agrees that all such Equity Components so advanced have been fully and satisfactorily applied pursuant to and in accordance with the Original Operative Documents.

4.2.      Amended and Restated Transaction.  Each
party hereto hereby:

                        (a)        acknowledges and agrees that (i) for the
benefit of Original Obligee and Original Lender, Obligor transferred all of its right, title and interest in and to the Original Equipment to Original Obligee, pursuant to the Original Operative Documents; (ii) subject to the terms and conditions set forth in the
Original Trust Purchase Agreement, a copy of which is attached hereto as Exhibit A, Original Owner Participant transferred all of its right, title and interest in and to the Original Trust Agreement and the Original Trust Estate to Corporate Obligee; and (iii)
pursuant to the Assumption and Revocation Agreement, a copy of which is attached hereto as Exhibit B, Original Owner Trustee assigned (subject to the Liens of the Original Security Trustee) to Corporate Obligee, and Corporate Obligee assumed, all of Original
Owner Trustee’s right, title, interest and obligations in, to and under the Original Trust Agreement and the Original Trust Estate, including, without limitation, all of Original Owner Trustee’s right, title, interest and obligations under the Original
Operative Documents and under the Original Loans evidenced by the Original Notes, and thereupon Corporate Obligee terminated the Original Trust Agreement and revoked the trust created thereunder;

                        (b)        acknowledges and agrees that (i) the
Lenders, Trust Obligee and Corporate Obligee have each agreed to restructure the Original Loans into (x) A Loans to Corporate Obligee, subject to the conditions in this Agreement, and (y) B Loans to Corporate Obligee, subject to the conditions in this Agreement; (ii)
Corporate Obligee has acquired its rights in the Original Trust Estate subject to the Liens of the Original Security Trustee, which Liens were assigned to the Security Trustee for the benefit of all Lenders, and has granted Security Trustee Liens on the Collateral to
secure the A Notes and the B Notes in accordance with the terms of this Agreement; and (iii) pursuant to the Receivables Purchase Agreement, a copy of which is attached hereto as Exhibit C, Trust Obligee purchased from Corporate Obligee, and Corporate Obligee
sold to Trust Obligee, the Transferred Property subject to the Lien of the Security Trustee hereunder with the purchase price therefor being the assumption by Trust Obligee from Corporate Obligee of the A Loans;

                        (c)        acknowledges and agrees that on the
Restructuring Date, contemporaneously with Trust Obligee’s purchase of the Transferred Property and assumption of the A Loans evidenced by the A Notes from Corporate Obligee pursuant to the Receivables Purchase Agreement, (i) Corporate Obligee shall endorse the
A Notes over to Trust Obligee and immediately thereafter such A Notes shall be cancelled by the A Lenders, and (ii) Trust Obligee shall issue replacement A Notes evidencing the A Loans in favor of the A Lenders;

                        (d)        consents to the execution and delivery of
the Equipment Agreement, the Original Trust Purchase Agreement, the Assumption and Revocation Agreement, the Trust Agreement, the Receivables Purchase Agreement and the other Operative Documents and the performance of the transactions contemplated thereby in respect
of the Original Equipment and the Original Trust Estate in all respects and for all purposes; and

                        (e)        consents to the termination of the Risk
Allocation Agreement, the Letter of Credit Reimbursement Security Agreement and the Program Administration Letter and the Original Trust Agreement in all respects and for all purposes.

            4.3.      Rights in Original Equipment.  Each party hereto hereby acknowledges and agrees that, as a result of the consummation of the transactions contemplated under this Agreement and the other Operative
Documents, Corporate Obligee has and shall have obtained all right, title and interest in and to the Original Trust Estate and the Original Equipment, subject to the Lien of this Agreement and the Equipment Agreement and subject to the terms and conditions set forth
herein, including, without limitation, Section 10.15 hereof, and the OriginalEquipment shall for all purposes constitute the “Equipment” hereunder and under the other
Operative Documents.

            4.4.      Original Conditions.  Each party (other than U.S. Bank National Association in its individual capacity) hereto hereby acknowledges and agrees that,
prior to the Restructuring Date, all of the conditions and obligations set forth in Sections 4.1 through 4.5 of the Original Participation Agreement were either fully satisfied or waived by such party entitled to waive such conditionand, as of the Restructuring
Date, all transfers of the Original Equipment contemplated to occur under the Original Operative Documents have occurred and all reimbursements to Obligor therefor have been made.

5.         Amount and Terms of Loans.

            5.1.      Acknowledgment of Original Loans.  Each Lender and each other party hereto (other than U.S. Bank National Association in its individual capacity) hereby acknowledges and agrees that on and as of the
Restructuring Date, the entire aggregate outstanding principal amount of all Original Loans is equal to the amount specified under the column entitled “Outstanding Aggregate Principal Balance of Original Loans” on Schedule 3 hereto.

            5.2.      A Loans and B Loans.

(a)        Each Lender and each other party hereto (other
than U.S. Bank National Association in its individual capacity) hereby acknowledges and agrees that, contemporaneously with the execution and delivery of the Original Trust Purchase Agreement, the Receivables Purchase Agreement, the Equipment Agreement and this
Agreement, the entire aggregate outstanding principal amount of the Original Loans shall be (and shall be deemed to be) continued and divided into (i) A Loans in an aggregate principal amount equal to the amount specified under the column “Aggregate Principal
Amount of A Loans” on Schedule 3 hereto (the “Aggregate A Loan Principal Balance”) and (ii) B Loans in an aggregate principal amount equal to the amount specified under the column “Aggregate Principal Amount of B Loans” on
Schedule 3 hereto (the “Aggregate B Loan Principal Balance”).

(b)        Each Lender and each other party hereto (other
than U.S. Bank National Association in its individual capacity) hereby further acknowledges and agrees that pursuant to the consummation of transactions contemplated by the Original Trust Purchase Agreement, the Receivables Purchase Agreement, the Equipment Agreement
and this Agreement, (x) each A Lender shall have on the Restructuring Date (and after assumption thereby by Trust Obligee) an aggregate undivided ownership interest in the A Loans to Trust Obligee in the original principal amount set
forth opposite such A Lender’s name under the column entitled “Principal Amount of A Loan” on Schedule 3 hereto, which amount shall be evidenced by an A Note issued by Trust Obligee to such A Lender pursuant to Section 5.3.2 hereof and (y)
each B Lender shall have on the Restructuring Date an undivided ownership interest in the B Loans to Corporate Obligee in the original principal amount set forth opposite such B Lender’s name under the column entitled “Principal
Amount of B Loan” on Schedule 3 hereto, which amount shall be evidenced by a B Note issued by Corporate Obligee to such B Lender pursuant to Section 5.3.3 hereof.

(c)        Trust Obligee hereby acknowledges and agrees that
pursuant to the Receivables Purchase Agreement, this Agreement and the other Operative Documents to which it is a party, it is and shall be validly and justly indebted to the A Lenders for the payment of the A Loans in an amount equal to the Aggregate A Loan
Principal Balance.  Corporate Obligee hereby acknowledges and agrees that pursuant to the Original Trust Purchase Agreement, theAssumption and Revocation Agreement, this Agreement and the other
Operative Documents to which it is a party, it is and shall be validly and justly indebted to the B Lenders for the payment of the B Loans in an amount equal to the Aggregate B Loan Principal Balance.

            5.3.      Notes.

5.3.1.   Original Notes.  Each Lender (i) consents to the cancellation of
each Original Note in all respects and for all purposes; and (ii) directs (x) Corporate Obligee to issue contemporaneously with such cancellation and with the consummation of the transactions contemplated in Section 5.2 the A Notes to the A Lenders; and (y) Corporate
Obligee to issue contemporaneously with such cancellation and with the consummation of the transactions contemplated in Section 5.2 the B Notes to the B Lenders.  Each other party hereto hereby consents to the cancellation of the Original Notes and to the
issuance of the A Notes and the B Notes hereunder in replacement thereof in all respects and for all purposes.

A Notes.

(a)        The A Loans made by each A Lender to Original Obligee and assumed by Corporate Obligee shall be evidenced by A Notes, duly executed by Corporate Obligee and payable to the order of
such A Lender in an original principal amount equal to such A Lender’s A Loan specified in Schedule 3 hereto.  The A Notes shall be dated as of the date hereof and delivered to the A Lenders in accordance with this Agreement.  Each A Note shall
be substantially in the form of Exhibit D-1 with blanks and Payment and Amortization Schedules appropriately completed in conformity herewith and shall have the aggregate Debt Amortization Payments with respect to such A Note noted thereon as of the
Restructuring Date.

            (b)        On the Restructuring Date, immediately following the issuance of the A Notes by Corporate Obligee, each A Lender
(i) consents to the endorsement of the A Notes from Corporate Obligee in favor of Trust Obligee and the cancellation of such A Notes in all respects and for all purposes, and (ii) directs Trust Obligee to issue, and Trust Obligee hereby agrees to issue,
contemporaneously with such cancellation and with the consummation of the transactions contemplated in Section 5.2, replacement A Notes to each such A Lender.  The replacement A Notes shall be issued by Trust Obligee to the A Lenders in accordance with the
requirements of Section 5.3.2 (a) hereof.

5.3.3.   B Notes.  The B Loans made by each B Lender to Corporate Obligee
shall be evidenced by B Notes of Corporate Obligee, duly executed by Corporate Obligee thereof and payable to the order of such B Lender in an original principal amount equal to such B Lender’s B Loan specified in Schedule 3 hereto.  The B Notes
shall be dated as of the date hereof anddelivered to the Lenders in accordance with this Agreement.  Each B Note shall be substantially in the form of Exhibit D-2, with blanks and Payment and Amortization Schedules appropriately
completed in conformity herewith and shall have the aggregate Debt Amortization Payments with respect to such B Note noted thereon as of the Restructuring Date.

            5.4.      [Reserved.]

            5.5.      Payments.

5.5.1    Principal.  Unless otherwise adjusted in accordance with Section 5.9 hereof, (a) principal on each A Loan shall be payable to each A Lender on each Payment Date in an amount equal to the
amount specified for such date on the Payment and Amortization Schedule attached to such A Lender’s A Note; and (b) principal on each B Loan shall be payable to each B Lender on each Payment Date in an amount equal to the amount specified for such date on the
Payment and Amortization Schedule attached to such B Lender’s B Note.

Interest.

            (a)        Trust Obligee agrees to pay to the A Lenders interest in respect of the unpaid principal amount of each A Loan
assumed by Trust Obligee from Corporate Obligee pursuant to the Receivables Purchase Agreement and this Agreement from the date hereof until the date on which such A Loan (together with accrued and unpaid interest thereon) is repaid in full (whether on the Maturity
Date, by acceleration or otherwise) at the Applicable Debt Rate (calculated on the basis of a 360-day year and actual days elapsed).  Accrued (and theretofore unpaid) interest shall be payable in arrears, on each Payment Date, on the date of any prepayment (on
the amount prepaid), on the Maturity Date and, after the Maturity Date, on demand.

            (b)        Corporate Obligee agrees to pay to the B Lenders interest in respect of the unpaid principal amount of each B
Loan assumed by Corporate Obligee from the date hereof until the date on which such B Loan (together with accrued and unpaid interest thereon) is repaid in full (whether on the Maturity Date, by acceleration or otherwise) at the Applicable Debt Rate (calculated on
the basis of a 360-day year and actual days elapsed).  Accrued (and theretofore unpaid) interest shall be payable in arrears, on each Payment Date, on the date of any prepayment (on the amount prepaid), on the Maturity Date and, after the Maturity Date, on
demand.

5.5.3    Satisfaction of Commitment Fee.  The parties hereto (other than U.S. Bank National Association in its individual capacity) agree and acknowledge that, prior to the Restructuring Date, the
Loan Commitment Fee pursuant to Section 5.5.3 of the Original Participation Agreement has been paid in full and all such obligations to pay the Loan Commitment Fee pursuant to Section 5.5.3 of the Original Participation Agreement have been fully
discharged.

5.5.4    Overdue Rate.  Trust Obligee shall pay to each A Lender and Corporate Obligee shall pay to each B Lender interest on any part of the unpaid principal amount of any Note issued by such
Obligee to such Lender, if any, and interest on such Note and any other amount payable by such Obligees hereunder which shall not be paid in full when due (whether at stated maturity, by acceleration or otherwise) on demand for the period commencing on the due date
thereof until the same is paid in full at the Overdue Rate.

5.5.5    Payment Instructions.  All payments by Trust Obligee or Corporate Obligee to the Lenders hereunder or under the other Operative Documents shall be made without defense, set-off or
counterclaim to Security Trustee no later than 12:00 noon (New York time) on the date when due and shall be made in lawful money of the United States of America in immediately available funds to the account of Security Trustee maintained at Bank of Tokyo-Mitsubishi
Trust Company, ABA No. 026-009-687, Account No. 97770450, F/F/C A/C# 26025906 reference:  Harman International Payment (6-T-277) or such other account as Security Trustee may designate in a written notice to Obligees.

5.5.6    Withholding Tax.  If any amount of principal or interest payable with respect to any Loan becomes subject to any withholding Tax under Applicable Laws, Obligor shall withhold such Tax and
shall pay the Lender that made such Loan such additional amounts so that the net amount actually received by such Lender, after reduction for such withholding Tax, shall be equal on an After-Tax Basis to the full amount of principal and interest otherwise due and
payable hereunder.

5.5.7    Business Day Convention.  Unless otherwise provided herein, any payment or prepayment of amounts due in accordance with the terms hereof which is due on a date which is not a Business Day
shall be payable on the next succeeding Business Day.

5.5.8    Increased Costs.  In the event any Affected Person shall have reasonably determined that any Regulatory Change (as hereinafter defined) shall (a) subject such Affected Person to any tax of
any kind whatsoever as a result of this Agreement or any Operative Document or its interest therein or as a result of its commitments hereunder or thereunder or its liquidity or other commitment to any Obligee or any Lender as a result of this Agreement or any
Operative Document or its interest therein (any such commitment or commitments, individually or collectively, an “Affected Person Commitment”), or change the basis of taxation of payments as a result thereof (except for Taxes for which Obligor
indemnifies Lenders under Section 8.2 hereof); or (b) impose, modify or hold applicable any reserve, special deposit, compulsory loan or similar requirement against assets held by, deposits or other liabilities in or for the account of, advances under this Agreement
or any Operative Documents, loans or other extensions of credit by, or any other acquisition of funds by, such Affected Person, and the result of any of the foregoing is to increase the cost to such Affected Person, by an amount which such Affected Person reasonably
determines in good faith to be material, of maintaining its interest in this Agreement, the Notes or any Operative Document or to reduce any amount receivable in respect thereof, then in any  such case, after submission by such Affected Person to Obligor
of a written request therefor specifying the nature and amount of such cost in reasonable detail Obligor shall pay to such Affected Person any additional amounts necessary to compensate such Affected Person for such increased cost or reduced amount receivable,
together with interest on each such amount from the day which is five (5) Business Days after the date such request for compensation under this Section 5.5.8 is received by the Obligor until payment in full thereof (after as well as before judgment) at the Applicable
Debt Rate in effect from time to time.  In the event that any Affected Person shall have determined that any Regulatory Change regarding capital adequacy has the effect of reducing the rate of return on such Affected Person's capital or on the capital of any
entity controlling such Affected Person as a result of its obligations hereunder or under any liquidity or credit support agreement or under any Operative Document or its maintenance of its Affected Person Commitment or its interest in this Agreement, the Notes or
any Operative Document to a level below that which such Affected Person or such entity could have achieved but for such Regulatory Change (taking into consideration such Affected Person's or such entity's policies with respect to capital adequacy) by an amount
reasonably determined in good faith by such Affected Person to be material, then, from time to time, after submission by such Affected Person to Obligor of such written request therefor specifying the nature and amount of such cost in reasonable detail,
Obligor shall pay to such Affected Person such additional amount or amounts as will compensate such Affected Person for such reduction, together with interest on each such amount from the day which is five (5) Business Days after the date such request for
compensation under this Section (b) is received by Obligor until payment in full thereof (after as well as before judgment) at the Applicable Debt Rate in effect from time to time.  It shall be a condition to the right of an Affected Person to receive any
compensation under this Section 5.5.8 that it use its reasonable efforts to reduce or eliminate any claim for such compensation, including but not limited to designating a different investing office for its interest in this Agreement, the Notes or the Operative
Documents, if such designation will avoid the need for, or reduce the amount of any increased amounts referred to in this Section 5.5.8 and will not in the reasonable opinion of such Affected Person, be unlawful or otherwise disadvantageous to such Affected Person or
inconsistent with its policies or result in an unreimbursed cost or expense to such Affected Person or in an increase in the aggregate amounts payable under this Section 5.5.8.  Each Affected Person claiming any increased amounts described in this Section 5.5.8
will furnish to Obligor and Agent together with its request for compensation a certificate prepared in good faith setting forth the basis and the calculation of the amount (in reasonable detail) of each request by such Affected Person for any such increased amounts
referred to in this Section 5.5.8.  Failure on the part of any Affected Person to demand compensation for any amount pursuant to this Section 5.5.8 with respect to any period shall not constitute a waiver of such Affected Person’s right to demand
compensation with respect to such period.  For purposes of this Section 5.5.8, “Regulatory Change” shall mean as to each Affected Person, any change occurring after the date of the execution and delivery of this Agreement in any (or the
adoption after such date of any new) (a) United States Federal or state law or foreign law applicable to such Affected Person; or (b) regulation, interpretation, directive, guideline or request (whether or not having the force of law) applicable to such
Affected Person of any court or other judicial authority, or any entity which is exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to the government of any nation or any state or other political subdivision thereof
and which is charged with the interpretation or administration of any law referred to in clause (a) or of any fiscal, monetary or other authority or central bank having jurisdiction over such Affected Person.

5.5.9    Illegality.  Notwithstanding any other provision of this Agreement or the other Operative Documents to the contrary, if it becomes unlawful or contrary to an official directive of a
Governmental Entity, any Applicable Law, or any interpretation, directive or request or change therein, or change in the administration or enforcement thereof after the date hereof for any Lender to honor any obligation to maintain any Loan funded by Dollar
borrowings on the London interbank market or if for any reason any Lender is unable to borrow Dollars on the London interbank market (in either case, an “Illegality Event”, and any Loan affected thereby, an “Illegal Loan”)
then  (a) Lenders shall promptly notify Agent, Obligees and Obligor thereof, (b)  if such Illegality Event can be avoided without incurring any consequences which are, in the sole judgment of such Lender, adverse to such Lender, then such Lender shall make
reasonable, good faith efforts consistent with its internal policy to effect such avoidance, (c) if, notwithstanding such Lender’s efforts in accordance with clause (b) hereof, any Loan remains an Illegal Loan, then, at the time specified for such in the notice
given in accordance with clause (a) above, the interest rate on any such Illegal Loan shall be automatically converted to the Alternate Rate and (d) all Loans made after such Illegality Event shall accrue interest at the Alternate Rate.  Obligor shall compensate
such Lender, upon such Lender’s written request, for all reasonable losses, expenses and liabilities incurred which such Lender may sustain as a result of the conversion or any payment of any Illegal Loan on a date other than a Payment Date.

            5.6.      Prepayments Limited.  No prepayment of a Loan may be made except to the extent and in the manner expressly permitted by this
Agreement.

            5.7.      Mandatory Prepayments.

5.7.1    Event of Loss.  In the event an Item of Equipment shall suffer an Event of Loss, then on the Casualty Loss Value Payment Date for such Item, Corporate Obligee and Trust Obligee shall prepay
and apply, and there shall become due and payable on the Casualty Loss Value Payment Date for such Item, a principal amount of the A Loans and B Loans, pro rata, equal to the Unamortized Debt Balance with respect to such Item of Equipment and all accrued and unpaid
interest thereon.

5.7.2    Transfer of Rights and Interests in Items of Equipment.  In the event that Obligor exercises its option to acquire Corporate Obligee’s rights and interests in an Item of Equipment
pursuant to Sections 25.2 or 25.4 of the Equipment Agreement, Corporate Obligee and Trust Obligee shall prepay and apply, and there shall become due and payable on the Payment Date designated for such acquisition, Breakage Costs, if any, a principal amount of
the A Loans and B Loans, pro rata, equal to the Unamortized Debt Balance with respect to such Item of Equipment and all accrued and unpaid interest thereon.

5.7.3    Other Termination of Equipment Agreement.  In the event that Obligor does not exercise any option to renew the Equipment Agreement with respect to any Item of Equipment pursuant to
Section 25.1 thereof or does not exercise on the Termination Date for such Item of Equipment the option to transfer such Item of Equipment pursuant to Section 25.2 or 25.4 of the Equipment Agreement, then on the Termination Date for such Item of Equipment
Obligees shall apply, and there shall become due and payable, the Unamortized Debt Balance of the Loan made with respect to such Item of Equipment and all accrued and unpaid interest thereon, which amounts are to be applied in accordance with Section 5.8(b)
hereof.

            5.8.      Application of Prepayments.  (a)  The amount of any prepayment described in Sections 5.7.1 and 5.7.2 above shall be
applied as follows:  first, ratably to the payment of accrued but unpaid interest on the A Loans and B Loans at the Overdue Rate, if any, to the date of such payment then due hereunder, second, ratably to the payment of accrued but unpaid, interest
on the A Loans and B Loans at the Applicable Debt Rate, if any, to the date of such prepayment then due hereunder, third, ratably to the payments of any other amounts due the Lenders under the Operative Documents, and fourth,
ratably to the payment of the outstanding principal amount of the A Notes and the B Notes.

            (b)        The
amount of any prepayment in accordance with Section 5.7.3 hereof shall be applied as follows:  (i)  Harman Proceeds shall be allocated and paid first, to the A Lenders in accordance with their respective pro rata share of the aggregate principal
balances of the A Loans until they have in the aggregate received payment in full of all principal and interest with respect to their A Loans, and second, to the B Lenders in accordance with their respective pro rata share of the aggregate of the principal
balances of the B Loans until they have received payment in full of all principal and interest with respect to their B Loans; and (ii)  Collateral Proceeds shall be allocated and paid first, to the B Lenders in accordance with their respective pro rata
share of the aggregate of the principal balances of the B Loans until they have received payment in full of all principal and interest with respect to their B Loans, and second, to the A Lenders in accordance with their respective pro rata share of the
aggregate of the principal balances of the A Loans until they have in the aggregate received payments in full of all principal and interest with respect to their A Loans.

            5.9       Recalculation of Loan Payment and Amortization Schedule.  Upon any partial prepayment in accordance with this Section
5, the amount of principal due in accordance with the Payment and Amortization Schedule attached to any Note or Notes against which principalamounts were prepaid, shall be recalculated by Agent on each Payment
Date occurring after the date of such partial payment so as to equal the following:

- PP/ OP) x SP

Where:

PP        =          Principal amount of such Loan being prepaid

OP       =          Outstanding principal balance of such Loan immediately prior to the payment of the principal being prepaid (less any principal
scheduled to be paid on the date principal is being prepaid)

SP        =          Amount of scheduled principal payment for such Loan had the principal prepayment at issue not been paid

            5.10.    Loan Events of Default. The occurrence of any of the following specified events (whatever the reason for such Loan Event of Default and
whether such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) shall
constitute a “Loan Event of Default”:

an Equipment Agreement Event of Default shall have occurred and be continuing; or

either Obligee shall default in the due and punctual payment of any principal of or interest on, any of its respective Loans (including any mandatory prepayment) or any other amount to be paid to Lenders under the Loan Documents; provided, however,
that if any such amount is paid after the due date thereof, it shall only be deemed to be paid in full if there shall also be paid, together with such amount, interest on such amount at the Overdue Rate from the date such payment was due until the date of payment;
or

either Obligee shall default in the due performance or observance of any of their respective other obligations hereunder, and the same shall continue unremedied for a period of thirty (30) days from the earlier of actual knowledge thereof by such Obligee and
receipt by such Obligee of written notice of such default; or

any representation, warranty or statement made by Corporate Obligee, Trust Obligee, Trust Company or Owner Participant in any of the Operative Documents, or otherwise in writing in connection herewith or therewith, or in any statement furnished pursuant hereto or
thereto or in connection herewith or therewith, shall be breached or shall prove to be untrue in any material respect on the date as of which made; or

judgments for the payment of money in excess of $100,000 in the aggregate shall be rendered against either Obligee and shall not be satisfied, stayed, bonded with a reputable and financially sound surety company to the full extent thereof, vacated or discharged
for more than sixty (60) days; or

(f)         Corporate Obligee, Trust Obligee, Trust Company or Owner Participant shall consent to the appointment of or the taking of possession by a receiver, agent or liquidator of
itself or of a substantial part of its property, or Corporate Obligee, Trust Obligee, Trust Company or Owner Participant shall admit in writing its inability to pay its debts generally as they become due, or does not pay its debts generally as they become due or
shall make a general assignment for the benefit of creditors, or Corporate Obligee, Trust Obligee, Trust Company or Owner Participant shall file a voluntary petition in bankruptcy or a voluntary petition or an answer seeking reorganization, liquidation or other

relief in a case under any bankruptcy laws or other insolvency laws (as in effect at such time) or an answer admitting the material allegations of a petition filed against it, or Corporate Obligee, Trust Obligee, Trust Company or Owner Participant Company shall seek
relief by voluntary petition, answer or consent, under the provisions of any other bankruptcy or other similar law providing for the reorganization or winding-up of corporations (as in effect at such time) or Corporate Obligee, Trust Obligee, Trust Company or Owner
Participant shall seek an agreement, composition, extension or adjustment with its creditors under such laws, or Corporate Obligee, Trust Obligee, Trust Company or Owner Participant shall adopt a resolution authorizing action in furtherance of any of the foregoing;
or (ii) an order, judgment or decree shall be entered by any court of competent jurisdiction (A) appointing, without the consent of Corporate Obligee, Trust Obligee, Trust Company or Owner Participant, a receiver, trustee or liquidator of such person or of any
substantial part of its property, or (B) sequestering any substantial part of the property of Corporate Obligee, Trust Obligee, Trust Company or Owner Participant, or (C) granting any other relief in respect of Corporate Obligee, Trust Obligee, Trust Company or Owner
Participant as a debtor under any bankruptcy laws or other insolvency laws (as in effect at such time), and in each case any such order, judgment or decree of appointment or sequestration shall remain in force undismissed, unstayed and unvacated for a period of sixty
(60) days after the date of entry thereof; or (iii) a petition against Corporate Obligee, Trust Obligee, Trust Company or Owner Participant in a case under any bankruptcy laws or other insolvency laws (as in effect at such time) is filed and not withdrawn or
dismissed within sixty (60) days thereafter, or if, under the provisions of any law providing for reorganization or winding-up of corporations which may apply to Corporate Obligee, Trust Obligee, Trust Company or Owner Participant , any court of competent
jurisdiction assumes jurisdiction, custody or control of such person or of any substantial part of its property and such jurisdiction, custody or control remains in force unrelinquished, unstayed and unterminated for a period of sixty (60) days; or

            (g)        either Obligee shall default in any of its obligations under any other Operative Document to which it is a party
or any Operative Document shall cease to be in full force and effect or be disaffirmed or repudiated in any respect by or on behalf of either Obligee or any party thereto (other than Lenders); or

            (h)        if this Agreement at any time shall not be in full force and effect or shall no longer create a first and prior
Lien on any portion of the Collateral, or

            (i)         the trust created pursuant to the Trust Agreement shall have been terminated.

            5.11     Remedies of Lenders.

5.11.1  Rights in Collateral.  If a Loan Event of Default shall have occurred and be continuing, then and in every such case Security Trustee and/or Agent shall, upon written request by the Majority Lenders,
exercise any or all of the rights and powers and pursue any and all of the remedies pursuant to this Section 5.11, any and all remedies under the other Security Documents, and any and all remedies available to a secured party under the UCC or any other provision or
law and, in the event such Loan Event of Default is a Loan Event of Default referred to in Section 5.10(a) hereof, any and all of the remedies pursuant to the Equipment Agreement, and may take possession of all or any part of the Collateral and may exclude Obligees,
Obligor, any lessee and all Persons claiming under any of them wholly or partly therefrom. 

5.11.2  Insolvency.  If a Loan Event of Default referred to in clause (f) of Section 5.10 hereof shall have occurred or an Equipment Agreement Event of Default of the type referred to in clause (e) of Section
20 of the Equipment Agreement thereof shall have occurred, then and in every such case the unpaid principal of each Loan, together with interest accrued but unpaid thereon, Prepayment Premium, if any, and all other amounts due to Lenders shall, unless the Lenders
shall otherwise direct, immediately and without further act become due and payable by Obligees to Lenders, without presentment, demand, protest or notice, all of which are hereby waived.  If any other Loan Event of Default shall have occurred and be continuing,
then and in every such case, Agent or Security Trustee shall, upon written request by the Majority Lenders, by written notice or notice to each Obligee, declare all Loans to be due and payable, whereupon the unpaid principal of the Loans then outstanding, together
with accrued but unpaid interest thereon, Prepayment Premium, if any, and all other amounts due from Obligees to Lenders, shall immediately and without further act become due and payable by Obligees to Lenders without presentment, demand, protest or other notice, all
of which are hereby waived.

5.11.3  Delivery of Documents.  Upon the occurrence of a Loan Event of Default, at the request of Security Trustee, Obligees shall promptly execute and deliver to Security Trustee such instruments of title and
other documents as Security Trustee may deem necessary or as requested of the Security Trustee by the Majority Lenders or advisable to enable Security Trustee or a representative designated by Security Trustee, at such time or times and place or places as Security
Trustee may specify, to obtain possession of all or any part of the Collateral to whose possession Security Trustee shall at the time be entitled hereunder.  If Obligees shall for any reason fail to execute and deliver such instruments and documents after the
request by Security Trustee, Security Trustee may (a) obtain a judgment conferring on Security Trustee the right to immediate possession and requiring Obligees to execute and deliver such instruments and documents to Security Trustee, to the entry of which
judgment Obligees hereby specifically consent, and (b) pursue all or part of such Collateral wherever it may be found and may enter any of the premises of Obligor or Obligees wherever such Collateral may be or is purported to be and search for such Collateral and
take possession of and remove such Collateral.  All expenses of obtaining such judgment or of pursuing, searching for and taking such property shall, until paid, be secured by the Lien of this Agreement.

5.11.4  Possession of Collateral.  Upon taking of possession pursuant hereto, Security Trustee or a representative designated by Security Trustee may, from time to time, at the expense of Obligees, make all
such expenditures for maintenance, insurance, repairs, replacements and alterations to any of the Collateral, as it may deem appropriate and commercially reasonable.  In such case, Security Trustee or a representative of Security Trustee shall have the right
(but not the obligation) to maintain, use, operate, store, lease, control or manage the Collateral and to carry on the business and to exercise all rights and powers of Obligees relating to the Collateral, as Security Trustee shall deem best, including the right to
enter into any and all such agreements with respect to the maintenance, use, operation, storage, leasing, control, management or disposition of the Collateral or any part thereof as Security Trustee may determine; and Security Trustee shall be entitled to collect and
receive directly all tolls, rents (including Equipment Payment and Supplemental Payments), revenues, issues, income, products and profits of the Collateral and every part thereof, without prejudice, however, to the right of Lenders or Security Trustee under any
provision of this Agreement to collect and receive all cash held by, or required to be deposited with, Obligees hereunder.  Such tolls, rents (including Equipment Payment and Supplemental Payments), revenues, issues, income, products and profits shall be applied
to pay the expenses of the use, operation, storage, leasing, control, management or disposition of the Collateral and of conducting the business thereof, and of all maintenance, repairs, replacements, alterations, additions and improvements, and to make all payments
which Security Trustee may be required or may elect to make, if any, for taxes, assessments, insurance or other proper charges upon the Collateral or any part thereof (including the employment of engineers and accountants to examine, inspect and make reports upon the
properties and books and records of Obligees or Obligor), and all other payments which Security Trustee may be required or authorized to make under any provision of this Agreement, as well as just and reasonable compensation for the services of Security Trustee, and
of all Persons properly engaged and employed by Security Trustee.

5.11.5  Sale of Collateral.  In addition, Security Trustee may sell, assign, transfer and deliver the whole, or from time to time to the extent permitted by law, any part of the Collateral or any interest
therein, at any private sale or public auction with or without demand, advertisement or notice (except as herein required or as may be required by law) of the date, time and place of sale and any adjustment thereof for cash or credit or other property for immediate
or future delivery and for such price or prices and on such terms as Security Trustee may determine, or as may be required by law.  It is agreed that ten (10) Business Days’ notice to each Obligee of the date, time and place (and terms, in the case of a
private sale) of any proposed sale by Security Trustee of the Collateral or any part thereof or interest therein is reasonable.  Each of Security Trustee and any Lender may be a purchaser of the Collateral or any part thereof or any interest therein at any sale
thereof, whether pursuant to foreclosure or power of sale or otherwise.  Security Trustee may apply against the purchase price therefor the amount then due under the Notes secured hereby.  Security Trustee shall, upon any such purchase, acquire good title
to the property so purchased, to the extent permitted by Applicable Law, free of all rights of redemption.

5.11.6  Discharge.  Upon any sale of the Collateral or any part thereof or interest therein, whether pursuant to foreclosure or power of sale or otherwise, the receipt of the purchase money of the official
making the sale by judicial proceeding or by Security Trustee shall be sufficient discharge to the purchaser for the purchase money and neither such official nor such purchaser shall be obliged to see to the application thereof.

5.11.7  Appointment of Receiver.  If a Loan Event of Default shall have occurred and be continuing, Security Trustee shall, as a matter of right, be entitled to appoint a receiver or trustee or representative
(who may be Security Trustee or any successor or nominee thereof, or any Lender appointed by Security Trustee) for all or any part of the Collateral, whether such receivership or agency or representation be incidental to a proposed sale of the Collateral or the
taking of possession thereof, the exercise of remedies under this Agreement or the Equipment Agreement or otherwise, and Obligees hereby consents to the appointment of such a receiver, trustee or representative.  Any receiver, trustee or representative appointed
for all or any part of the Collateral shall be entitled to exercise all rights of Security Trustee under this Agreement and the other Operative Documents to the extent provided in such appointment and shall be entitled to exercise all the powers and pursue all the
remedies of Security Trustee hereunder with respect to the Collateral.

5.11.8  Redemption.  Any sale of the Collateral or any part thereof or any interest therein, whether pursuant to foreclosure or power of sale or otherwise hereunder, shall forever be a perpetual bar against
Obligees, after the expiration of the period, if any, during which Obligees shall have the benefit of redemption laws which may not be waived pursuant to clause (i) above.  Subject to the provisions of this Agreement, each Obligee covenants (to the extent that
it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any appraisement, valuation, stay or extension law wherever enacted, nor at any time hereafter in force, in order to
prevent or hinder the enforcement of this Agreement or the execution of any power granted herein to any Lender or Security Trustee, or the absolute sale of the Collateral, or any part thereof, or the possession thereof by any transfer at any sale under this Section
5.11; and each Obligee for itself and all who may claim under it, so far as it or any of them now or thereafter lawfully do so, waives all right to have the Collateral marshaled upon any foreclosure hereof, and agrees that any court having jurisdiction to foreclose
this Agreement may order the sale of the Collateral as an entirety.

5.11.9  Rights Cumulative; No Waiver.  Each and every right, power and remedy herein given to Lenders and Security Trustee specifically or otherwise in this Agreement shall be cumulative and shall be in
addition to every other right, power and remedy herein specifically given or now or hereafter existing at law, in equity or by statute, and each and every right, power and remedy whether specifically herein given or otherwise existing may be exercised from time to
time and as often and in such order as may be deemed expedient by the Majority Lenders or Security Trustee, and the exercise or the beginning of the exercise of any power or remedy shall not be construed to be a waiver of the right to exercise at the same time or
thereafter any other right, power or remedy.  No delay or omission Agent, any Lender or Security Trustee in the exercise of any right, remedy or power or in the pursuance of any remedy shall impair any such right, power or remedy or be construed to be a waiver
of any default on the part of Obligees or Obligor or to be an acquiescence therein.

5.11.10  Termination of Proceedings. If Agent, any Lender or Security Trustee shall have instituted any proceeding to enforce any right, power or remedy under this Agreement by foreclosure, entry or otherwise, and
such proceedings shall have been discontinued or abandoned for any reason or shall have been determined adversely to Agent, any Lender or Security Trustee, then and in every such case Obligees, Agent, Lenders, Security Trustee and Obligor shall, subject to any
binding determination in such proceeding, be restored to their former positions and rights hereunder with respect to the Collateral, and all rights, remedies and powers of Agent, Lenders and Security Trustee shall continue as if no such proceedings had been
instituted.

Covenants.

Obligee
Covenants.

6.1.1.   Obligees Covenants.  Each Obligee covenants and agrees for the benefit of Lenders (unless Lenders shall have otherwise waived in writing compliance herewith in accordance with Section 10.2
hereof) during the term of this Agreement as follows:

                        (a)        it shall keep at all times books of
record and account related to the transactions contemplated by this Agreement in which full, true and correct entries will be made of all dealings or transactions in relation thereto, and provide or cause to be provided adequate protection against loss or damage to
such books of record and account;

                        (b)        it shall not waive an Equipment Agreement
Default or Equipment Agreement Event of Default without the prior written consent of the Majority Lenders; and

                        (c)        it shall not amend, modify, consent to
any change to the terms or otherwise alter any of the Operative Documents except in accordance with Section 10.2 hereof.

6.1.2    Corporate Obligee Covenants.  Corporate Obligee covenants and agrees for the benefit of Lenders (unless Lenders shall have otherwise waived in writing compliance herewith in accordance with
Section 10.2 hereof) during the term of this Agreement as follows:

                        (a)        it shall promptly take, and maintain the
effectiveness of, all action that may, from time to time, be necessary or appropriate under Applicable Law in connection with the performance by Corporate Obligee of its obligations under the Operative Documents, or the taking of any action hereby or thereby
contemplated, or necessary for the legality, validity, binding effect or enforceability of the Operative Documents, or for the making of any payment or the transfer or remittance of any funds by Corporate Obligee under the Operative Documents;

                        (b)        it shall furnish to Lenders or cause to
be furnished to Lenders, as the case may, upon actual knowledge thereof, notice of the existence of any Equipment Agreement Default or Equipment Agreement Event of Default.

                        (c)        (i) upon the written request of Security
Trustee, it shall designate Security Trustee or such other Person as designated by the Majority Lenders, as the Corporate Obligee’s designee under Section 13 of the Equipment Agreement to visit and inspect the Equipment, to visit, inspect and examine the books
and records and accounts of Obligor and to discuss with Obligor its affairs, finances and accounts, and (ii) it shall allow or cause to allow any Person acting on behalf of the Majority Lenders or Security Trustee, to visit, inspect and examine its books of record
and accounts of Corporate Obligee and to discuss with Corporate Obligee its affairs, finances and accounts, in each case at such times and as often as Lenders may reasonably request but, in each case, solely as they relate to the transactions contemplated
hereby;

            (d)        if and to the extent Security Trustee makes a written request therefor specifying the appropriate filing offices
and providing the filing numbers for the original UCC financing statements and such other information as is necessary for filing continuation statements, then the Corporate Obligee shall provide to Security Trustee continuation statements with respect to any UCC
financing statements filed in connection with the Security Documents against Corporate Obligee or Trust Obligee or both, to file the same, and promptly upon such filing will provide Security Trustee with written evidence thereof;

            (e)        it shall not except as expressly permitted by the Equipment Agreement, the Receivables Purchase Agreement, the
Original Trust Purchase Agreement, the Assumption and Revocation Agreement and under this Agreement, sell, lease, convey, transfer or encumber or otherwise dispose of all or any part of any Item of Equipment, or cause or permit any Person to do any of the foregoing
with respect to all or any part of any Item of Equipment; and

            (f)         it shall comply with all Applicable Laws of any jurisdiction solely as they relate to the transaction
contemplated hereby, such compliance to include paying when due all Taxes imposed upon it or upon its property in connection with this transaction by any Government Entity except to the extent contested in good faith and for which adequate reserves have been
segregated.

6.1.3    Trust Obligee Covenants.  Trust Obligee covenants and agrees for the benefit of Lenders (unless Lenders shall have otherwise waived in writing compliance herewith in accordance with Section
10.2 hereof) during the term of this Agreement as follows:

            (a)        it shall not operate in a manner that would result in an actual, constructive or substantive consolidation with
Owner Participant, or any other Persons, and in such connection Trust Obligee shall observe all trust formalities, maintain records separately and independently from those of Owner Participant or other Persons and enter into any transactions with Owner Participant
only on an arm’s-length contractual basis;

            (b)        it shall duly pay and discharge (i) all Liens related to the Transferred Property Collateral other than Permitted
Liens, (ii) all of its trade bills before the time that any such Lien attaches to the Transferred Property Collateral, and (iii) all Taxes imposed upon or against it or its property or assets, or upon any property leased by it, prior to the date on which penalties
attach thereto and (iv) all lawful claims, whether for labor, materials, supplies, services or anything else, which might or could, if unpaid, become a Lien upon the Transferred Property Collateral or such property or assets, unless and only to the extent that any
such amounts are not yet due and payable or the validity thereof is being contested in good faith by appropriate proceedings so long as such proceedings do not involve any material danger of the sale, forfeiture or loss of such assets or any interest therein and
Trust Obligee maintains appropriate reserves with respect thereto or has made adequate provision for the payment thereof, in accordance with generally accepted accounting principles and approved by Lenders; and

            (c)        it shall comply with all Applicable Laws of any jurisdiction, such compliance to include paying when due all
Taxes imposed upon it or upon its property by any Government Entity except to the extent contested in good faith and for which adequate reserves have been segregated.

            6.2.      Further Obligee Covenants.

6.2.1    Further Trust Obligee Covenants.  Trust Obligee covenants for the benefit of each party hereto (unless Lenders shall have otherwise waived in writing compliance herewith in accordance with
Section 10.2 hereof) during the term of the Agreement as follows:

                        (a)        it shall not (i) enter into any business
other than its financing of Equipment, (ii) create, incur, assume or permit to exist any Indebtedness, except as expressly permitted by this Agreement, (iii) enter into, or be a party to, any transaction with any Person, except the transactions set forth in the
Operative Documents and as expressly permitted thereby, or (iv) make any investment in, guaranty the obligations of, or make or advance money to any Person, through the direct or indirect lending of money, holding of securities or otherwise except the transactions
set forth in the Operative Documents and as expressly permitted thereby; and

                        (b)        it shall not wind up, liquidate or
dissolve its affairs or enter into any transaction of merger or consolidation, or convey, sell, lease (substantially as a whole), or otherwise dispose of (whether in one or in a series of transactions) its assets except as expressly permitted by this
Agreement.

6.2.2    Further Corporate Obligee Covenants.  Corporate Obligee covenants for the benefit of each other party hereto (unless Lenders shall have otherwise waived in writing compliance herewith in
accordance with Section 10.2 hereof) during the term of this Agreement as follows:

                        (a)        it shall take all actions as are required
to keep the representations and warranties made by it in clauses (g), (h) and (i) of Section 2.5 hereof (except, in the case of clause (i) of Section 2.5, if Corporate Obligee’s UCC Location shall change, then Corporate Obligee shall provide notice of such
change to each other party hereto within thirty (30) days’ thereafter), true and correct in all material respects (but without regard to the date when such representations and warranties were made or are expressed to be effective) until such time as all of the
Secured Obligations have been paid in full;

                        (b)        it will not transfer its interest herein
unless the prospective transferee makes the representations and warranties set forth in clause (f) of Section 2.5 hereof as of the date of such transfer, as if it had originally been a party hereto; and

                        (c)        it shall (i) not cause or permit to exist
any Lien attributable to it with respect to the Items of Equipment or any other portion of the Equipment Collateral other than Permitted Liens, (ii) promptly, at its own expense, take such action as may be necessary to duly discharge any Lien on the Equipment
Collateral attributable to it other than Permitted Liens, and (iii) make restitution for the Equipment Collateral for any actual diminution of the assets of the Equipment Collateral resulting from any Liens attributable to it on the Equipment Collateral other than
Permitted Liens.

            6.3.      Additional Trust Company Covenants.  Trust Company covenants and agrees for the benefit of each other party hereto
(unless Lenders shall have otherwise waived in writing compliance herewith in accordance with Section 10.2 hereof) during the term of this Agreement as follows:

            (a)        it shall perform all of its obligations set forth in the Trust Agreement and shall not amend, modify, consent to
any change to the terms or otherwise alter the Trust Agreement in any manner without the consent of each of the other parties hereto;

            (b)        it shall (i) not cause or permit to exist any Lien attributable to it with respect to the Transferred Property
Collateral or any portion of the Trust Estate other than Permitted Liens; (ii) promptly, at its own expense, take such action as may be necessary duly to discharge any such Lien attributable to it with respect to the Transferred Property Collateral other than
Permitted Liens, and (iii) make restitution to the Trust Estate or the Security Trustee, as applicable, for any actual diminution of the assets of the Trust Estate resulting from any Liens attributable to it with respect to the Transferred Property Collateral other
than Permitted Liens; and

            (c)        it shall provide written notice of any change in its UCC Location within thirty (30) days thereafter.

            6.4.      Owner Participant Covenants.  Owner Participant covenants and agrees for the benefit of each party hereto (unless Lenders
shall have otherwise waived in writing compliance herewith in accordance with Section 10.2 hereof) during the term of this Agreement as follows:

                        (a)        it shall maintain its existence as a
corporation in good standing under the laws of its state of organization;

                        (b)        it shall maintain its right to transact
business in each jurisdiction in which the character of the properties owned or leased by it or the business conducted by it makes such qualification necessary and the failure to so qualify would preclude Trust Obligee from enforcing its rights or meeting its
obligations under or with respect to any Operative Document;

                        (c)        it shall perform all of its obligations
set forth in the Trust Agreement and shall not amend, modify, consent to any change to the terms or otherwise alter the Trust Agreement in any manner without the consent of each of the other parties hereto; and

                        (d)        it shall (i) not cause or permit to exist
any Lien attributable to it with respect to the Transferred Property Collateral other than Permitted Liens, and (ii) promptly, at its own expense, take such action as may be necessary duly to discharge any Lien on the Transferred Property Collateral attributable to
it other than Permitted Liens.

            6.5.      Covenants of the Lenders and Security Trustee.  (a) Each of the Lenders and Security Trustee hereby covenants and agrees,
for the benefit of Obligees and Obligor, that solong as no Equipment Agreement Event of Default has occurred and is continuing, it shall not take or cause to be taken any action contrary to Obligor’s or any permitted lessee’s
right to quiet enjoyment of, and the continuing possession, use and operation of, the Equipment during the Term of the Equipment Agreement.

                        (b)        Each Lender hereby covenants and agrees,
for the benefit of Obligees and Obligor, that it will not transfer its interest under this Agreement or the other Operative Documents unless the prospective transferee (i) is a Permitted Assignee, and (ii) as of the date of such transfer represents and warrants
either (i) no part of the funds used by it to acquire any Loan shall constitute assets of an “employee benefit plan”, within the meaning of ERISA or any applicable regulation thereunder or assets of a “plan” as defined in Section 4975(e)(1) of
the Code or (ii) all of such funds are assets of an insurance company general account as such term is defined in Prohibited Transaction Exemption 95-60 issued by the U.S. Department of Labor (“PTE 95-60”) and as of the date the Notes are acquired
there is no employee benefit plan with respect to which the aggregate amount of such general account’s reserves and liabilities for the contracts held by or on behalf of such employee benefit plan and all other employee benefit plans maintained by the same
employer (and affiliates thereof as defined in Section V(a)(1) of PTE 95-60) or by the same employee organization (in each case determined in accordance with the provisions of PTE 95-60) exceeds 10% of the total reserves and liabilities of such general account (as
determined under PTE 95-60) (exclusive of separate account liabilities) plus surplus as set forth in the National Association of Insurance Commissioners Annual Statement filed with the state of domicile of each Lender.

            6.6.      Obligor Covenants.  Obligor covenants and agrees for the benefit of each other party hereto (unless Lenders shall have
otherwise waived in writing compliance herewith in accordance with Section 10.2 hereof) during the term of this Agreement as follows:

            (a)        it shall furnish Obligees and Lenders (i) as soon as available, but in any event within ninety (90) days
after the end of each fiscal year of Obligor, a copy of the consolidated balance sheet of Obligor and its consolidated Subsidiaries as at the end of such year and the related consolidated statements of income and retained earnings and of cash flows for such year,
setting forth in each case in comparative form the figures for the previous year, reported on, without a “going concern” or like qualification or exception, or qualification arising out of the scope of the audit, by an independent certified public
accountants of nationally recognized standing, and (ii) as soon as available, but in any event not later than forty-five (45) days after the end of each of the first three quarterly periods of each fiscal year of Obligor, the unaudited consolidated statements of
income and retained earnings and of cash flows of Obligor and its consolidated Subsidiaries for such quarter, setting forth in each case in comparative form the figures for the previous year, certified by a Responsible Officer as being fairly stated in all material
respects (subject to normal year-end audit adjustments); all such financial statements shall be complete and correct in all material respects and shall be prepared in reasonable detail and in accordance with GAAP applied consistently throughout the periods reflected
therein and with prior periods (except as approved by such accountants or officer, as the case may be, disclosed therein).

            (b)        it shall furnish each Obligee and the Agent (i) concurrently with the delivery of the financial statements
referred to in Section 6.6(a)(i) hereof, a certificate of the independent certified public accountants reporting on such financial statements stating that in making the examination necessary therefor no knowledge was obtained of any Equipment Agreement Default or
Equipment Agreement Event of Default, except as specified in such certificate, (ii) concurrently with the delivery of the financial statements referred to in Sections 6.6(a)(i) and (ii), a certificate of a Responsible Officer stating that, to the best of such
officer’s knowledge, Obligor during such period has observed or performed all of its covenants and other agreements, and satisfied every condition, contained in this Agreement and the other Operative Documents to be observed, performed or satisfied by it, and
that such officer has obtained no knowledge of any Equipment Agreement Default or Equipment Agreement Event of Default except as specified in such certificate, (iii) not later than ten (10) Business Days following approval by the Board of Directors of Obligor (and in
any event at least once in each fiscal year), a copy of Obligor’s final business plan as approved by the Directors, (iv) within five (5) days after the same are sent, copies of all financial statements and reports which Obligor sends to its stockholders, and
within five (5) days after the same are filed, copies of all financial statements and periodic reports which Obligor may make to, or file with, the Securities and Exchange Commission or any successor or analogous Governmental Entity, and (v) promptly, such additional
financial and other information as each Obligee or the Agent may from time to time reasonably request (including, but not limited to, annual consolidating financial statements not later than one hundred fifty (150) days after the end of each fiscal year);

            (c)        within the six-month period preceding the fifth anniversary of each Funding Date, Obligor will provide to Trust
Obligee, Corporate Obligee, Agent or Security Trustee (as applicable) continuation statements with respect to any UCC financing statements filed in connection with the Equipment Agreement or this Agreement, file the same, and promptly upon any such filing will
provide each Obligee, Agent and Security Trustee with written evidence thereof; and

            (d)        it shall obtain and maintain, or cause to be obtained or maintained, in full force and effect, any authorization,
approval, license, or consent of any governmental or judicial authority including which may be or become necessary in order for Lenders, Security Trustee, Obligees and Owner Participant to obtain the full benefits of this Agreement and all rights and remedies granted
or to be granted herein.

            6.7.      Obligor Negative Covenants.  Obligor covenants and agrees for the benefit of each other party hereto (unless each party
shall otherwise waive in writing compliance herewith) during the term of this Agreement that it shall comply with the Multi-Currency NegativeCovenants, and such Multi-Currency Negative Covenants (together with all terms utilized therein)
are hereby incorporated by reference as if set forth herein in their entirety and:

                        (a)        Consolidated Total Debt to
Consolidated Capitalization.  Obligor shall not permit the ratio of Consolidated Total Debt to Consolidated Capitalization at any time to be greater than 55%.

                        (b)        Interest Coverage Ratio. 
Obligor shall not permit the Interest Coverage Ratio for any period of four consecutive fiscal quarters to be less than 3.5 to 1.0; provided that for purposes of this computation, Consolidated EBITDA shall include an addback for the relevant period of (i) $8,300,000
for a special charge taken in the quarter ended December 31, 2001 and (ii) the amount of any Special Non-Cash Charges.

                        (c)        Obligor shall not enter into any merger,
consolidation or amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease, assign, transfer or otherwise dispose of, all or substantially all of its property, business or assets, or make any material
change in its present method of conducting business, or permit any Restricted Subsidiary to do any of the foregoing, except (i) any Restricted Subsidiary of Obligor may be merged or consolidated with or into Obligor (provided that Obligor shall be the
continuing or surviving corporation) or with or into any one or more wholly-owned Restricted Subsidiaries of Obligor (provided that the wholly-owned Restricted Subsidiary or Restricted Subsidiaries shall be the continuing or surviving corporation), (ii) any
Restricted Subsidiary may sell, lease, transfer or otherwise dispose of any or all of its assets (upon voluntary liquidation or otherwise) to Obligor or any other wholly-owned Restricted Subsidiary of Obligor, and (iii) Obligor and its Restricted Subsidiaries may
consummate the transactions permitted by subsection 9.5 of the Multi-Currency Credit Agreement.

            6.8.      Covenants of Lenders, Obligees, Agent and Security Trustee, Trust Company and Owner Participant.  Each Obligee, each Lender,
Agent, Security Trustee, Trust Company and Owner Participant that is not a “United States person” as such term is defined in Code Section 7701(a)(30) shall provide to Obligor at such times as may be necessary under Applicable Law as in effect on the
Restructuring Date (including Treasury regulations promulgated under Section 1441 of the Code) and at such other times as shall be reasonably requested by Obligor, a fullycompleted Internal Revenue Service Form
4224 or successor form (including an Internal Revenue Service Form W-8 as specified in Treasury Regulations section 1.1441-4(a)) upon which Obligor can rely establishing that all payments to be made by Obligor to each such Person under the Operative Documents can be
made by Obligor free and clear of any requirement to withhold any federal income tax therefrom because such payments are effectively connected with the conduct of a trade or business by such Person in the United States; provided, however, that each such
Person shall not be required to provide such forms if, solely as a result of a change in Applicable Law, such Person is not legally entitled to deliver such form.  The only consequence of a breach by any Lender, Trust Obligee, Corporate Obligee, Agent, Security
Trustee, Trust Company or Owner Participant of this Section 6.8, shall be that Obligor shall be entitled to withhold from any payment made by Obligor to such Person the appropriate amount of federal income tax, notwithstanding the provisions of the Operative
Documents to the contrary and Obligor shall have no obligation under Section 8.2 for those amounts withheld from payments to such Person hereunder.

            6.9.      Warranty Disclaimers.  CORPORATE OBLIGEE AND EACH LENDER DEMISE, LEASE AND FINANCE THE ITEMS OF EQUIPMENT HEREUNDER
AS‐IS AND WHERE-IS WITH ALL FAULTS AND IN WHATEVER CONDITION THEY MAY BE IN AND EXPRESSLY DISCLAIMS AND MAKES NO REPRESENTATION OR WARRANTY, EITHER EXPRESSED OR IMPLIED, AS TO THE DESIGN, CONDITION, QUALITY,CAPACITY, MERCHANTABILITY,
DURABILITY, SUITABILITY OR ITS FITNESS FOR ANY PARTICULAR PURPOSE, OR QUALIFICATION FOR ANY PARTICULAR TRADEOR ANY OTHER MATTER CONCERNING, THE ITEMS OF EQUIPMENT.  OBLIGORHEREBY WAIVES ANY CLAIM (INCLUDING
ANY CLAIM BASED ON STRICT OR ABSOLUTE LIABILITY IN TORT OR INFRINGEMENT) IT MIGHT HAVE AGAINSTEACH OBLIGEE, EACH LENDER, AGENT OR SECURITY TRUSTEE FOR ANY LOSS, DAMAGE (INCLUDING INCIDENTAL OR CONSEQUENTIAL DAMAGE) OR EXPENSECAUSED BY THE ITEMS OF EQUIPMENT OR BY OBLIGOR’S LOSS OF USE THEREOF FOR ANY REASON WHATSOEVER.

Security.

7.1.      Security Interest.  For valuable consideration, and to secure the due payment and performance of all principal of, Prepayment Premium, if any, and interest on the Loans and all
indebtedness and other liabilities and obligations, whether now existing or hereafter arising (including any obligations to indemnify, reimburse or pay costs and/or expenses) of Corporate Obligee and Obligor to Lenders arising out of or in any way connected with the
Operative Documents and all instruments, agreements and documents executed, issued and delivered pursuant thereto (collectively, the “Secured Obligations”):

            (a)        Corporate Obligee has acquired the Trust Estate subject to the Lien of Security Trustee thereon granted by
Original Obligee to Original Security Trustee under the Original Operative Documents and in the furtherance thereof does hereby assign, convey, mortgage, pledge, hypothecate, transfer and set over to Security Trustee, and its successors and assigns, and grants to
Security Trustee, and its successors and assigns, a first Lien on and security interest in the following property and rights of Corporate Obligee, except for Excepted Payments with respect thereto (collectively, the “Equipment
Collateral”):

the Items of Equipment;

all right, title and interest of Corporate Obligee in and to any Cross Receipt and all warranties (including, without limitation, warranties of title, merchantability, fitness for a particular purpose, quality and freedom from defects) and rights of recourse
against manufacturers, assemblers, sellers and others in connection with the Items of Equipment;

all right, title and interest of Corporate Obligee in and to, but none of the obligations of Corporate Obligee under, the Equipment Agreement, the Security Documents, the Subsidiary Equipment Agreements and all Equipment Payments, and Supplemental Payments payable
under the Equipment Agreement including installments of Equipment Payment payments and all other sums payable thereunder;

all accounts, contract rights, general intangibles and all other property rights of any nature whatsoever arising out of or in connection with this Agreement or the Equipment Agreement or the Items of Equipment, including, without limitation, Equipment Payment and
Supplemental Payments and any other payments due and to become due under this Agreement or the Equipment Agreement whether as repayments, reimbursements, contractual obligations, indemnities, damages or otherwise;

all claims, rights, powers, or privileges and remedies of Corporate Obligee under the Equipment Agreement;

all rights of Corporate Obligee under the Equipment Agreement to make determinations to exercise any election (including, but not limited to, election of remedies) or option or to give or receive any notice, consent, waiver or approval, together with full power
and authority to demand, receive, enforce, collect or receipt for any of the foregoing or any property which is the subject of the Equipment Agreement, to enforce or execute any checks, or other instruments or orders, to file any claims and to take any action which
(in the opinion of Security Trustee) may be necessary or advisable in connection with any of the foregoing; provided, however, Security Trustee agrees for the benefit of Corporate Obligee that so long as no Loan Event of Default has occurred and is continuing, it
will not exercise any of the rights assigned to it under clauses (v) and (vi) of this Section 7.1(a), other than the right to receive amounts due under the Equipment Agreement, without the prior written consent of Corporate Obligee;

all moneys now or hereafter paid or required to be paid to Lenders pursuant to any Operative Document; and

all proceeds of the Equipment Collateral including, without limitation, all rentals, income and profits in respect of the Items of Equipment, whether under the Equipment Agreement or otherwise, all credits granted by any manufacturer or vendor with respect to the
return of any Item of Equipment and the proceeds of any insurance payable with respect to the Items of Equipment.

                        (b)        Trust Obligee has assumed the Transferred
Property subject to the Lien of Security Trustee thereon granted by the Original Obligee to the Original Security Trustee under the Original Operative Documents and, in furtherance thereof, does hereby assign, conveys, mortgage, pledge, hypothecate, transfer and set
over to Security Trustee, and its successors and assigns, a first Lien on and security interest in the following property and rights of Trust Obligee, except for Excepted Payments with respect thereto (collectively, the “Transferred Property
Collateral”).

            (i)         the Transferred Property;

                                   
(ii)        all right, title and interest of Trust Obligee in and to, but none of the obligations of Trust Obligee under, the Receivables Purchase Agreement; and

                                   
(iii)       all proceeds of the Transferred Property Collateral.

                        (c)        Owner Participant does hereby assign,
convey, mortgage, pledge, hypothecate, transfer and set over to Security Trustee, and its successors and assigns, a first Lien on and security interest in all of its rights, title and interest in, to and under the Trust and the Trust Estate and all proceeds thereof
(the “Trust Collateral”)

            7.2       Consent and Agreement of Obligor.  Obligor hereby consents to the assignments and Liens set forth in Section 7.1
hereof.  Obligees and Security Trustee hereby instruct, and Obligor agrees, that until further notified by Security Trustee, Obligor shall pay all amounts payable under the Equipment Agreement other than Excepted Payments to the account of Security Trustee
maintained at Bank of Tokyo-Mitsubishi Trust Company, ABA No. 026-009-687, Account No. 97770450, F/F/C A/C# 26025906 reference:  Harman International Payment (6-T-277) or such other account as Security Trustee may designate in a
written notice to Obligor.  If there is any disagreementbetween Security Trustee and Obligees as to whether any amount is an Excepted Payment, Obligor shall abide by Security Trustee’s determination with respect to such
amount.

7.3.1.   Further Corporate Obligee Covenants. 
Corporate Obligee covenants and agrees with Security Trustee as follows:

            (a)        Corporate Obligee will faithfully abide by, perform and discharge each and every obligation, covenant and
agreement to be performed by Corporate Obligee under the Operative Documents to which it is a party, and Security Trustee shall not be responsible for any of such obligations, covenants or agreements under any circumstances;

            (b)        Corporate Obligee, at the costs and expense of Obligor and at the reasonable request of Security Trustee and only
when required to enforce the rights and remedies of Lenders and Security Trustee, will appear in and defend every action or proceeding arising under, growing out of or in any manner connected with the Equipment Agreement or the obligations, duties or liabilities
thereunder of Corporate Obligee and Obligor;

            (c)        if at any time during the continuance of a Loan Default or Loan Event of Default, Corporate Obligee should
receive any amounts payable by Obligor under the Equipment Agreement or any other proceeds for or with respect to the Equipment Collateral, it will (i) hold such amounts in trust for Security Trustee and not commingle such amounts with any other amounts belonging to
or held by Corporate Obligee, (ii) advise Security Trustee of such receipt and (iii) promptly forward such amounts directly to Security Trustee;

            (d)        upon the occurrence and continuance of any Loan Event of Default, Corporate Obligee will immediately upon receipt
of all checks, drafts, cash or other remittances in payment of any of its accounts, contract rights or general intangible constituting part of the Collateral, or in payment for any Collateral sold, transferred, leased or otherwise disposed of, or in payment or on
account of its accounts, contracts, contract rights, notes, drafts, acceptances, general intangibles, chooses in action and all other forms of obligation relating to any of the Collateral so sold, transferred or otherwise disposed of, deliver any such items to
Security Trustee accompanied by a remittance report in form supplied or approved by Security Trustee, such items to be delivered to Security Trustee in the same form received, endorsed or otherwise assigned by such Corporate Obligee where necessary to permit
collection of items and, regardless of the form of such endorsement, Corporate Obligee hereby waives presentment, demand, notice of dishonor, protest and notice of protest; and

            (e)        upon the written request of the Security Trustee, Corporate Obligee will provide to Security Trustee,
continuation statements with respect to the UCC financing statements filed in connection with this Agreement against Corporate Obligee, will file the same pursuant to Section 10.1 hereof, and promptly upon such filing will provide Security Trustee with written
evidence thereof.

7.3.2    Further Trust Obligee Covenants.  Trust Obligee covenants and agrees with Security Trustee as follows:

                        (a)        it will faithfully abide by, perform and
discharge each and every obligation, covenant and agreement to be performed by Trust Obligee under the Operative Documents to which it is a party;

            (b)        if at any time during the continuance of a Loan Default or Loan Event of Default Trust Obligee should receive any
amounts payable by Obligor under the Equipment Agreement or the Receivables Purchase Agreement or any other proceeds with respect to the Transferred Property Collateral, it will (i) hold such amounts in trust for Security Trustee and not commingle such amounts with
any other amounts belonging to or held by Trust Obligee, (ii) advise Security Trustee of such receipt and (iii) promptly forward such amounts directly to Security Trustee; and

            (c)        upon the written request of the Security Trustee, Trust Obligee will provide to Security Trustee, continuation
statements with respect to the UCC financing statements filed in connection with this Agreement against Trust Obligee, will file the same pursuant to Section 10.1 hereof, and promptly upon such filing will provide Security Trustee with written evidence
thereof.

            7.4.      Further Assurances.  For each Item of Equipment located in the United States, France, Germany, or England, Corporate Obligee
will, upon the written request of Security Trustee and at Obligor’s expense, make, execute, endorse, acknowledge, file and/or deliver to Security Trustee from time to time such confirmatory assignments, conveyances, financing and continuation statements,
transfer endorsements, powers of attorney, notes, reports and other assurances or instruments and take such further actions which are appropriate or advisable to perfect, preserve or protect Security Trustee’s security interest granted in the Equipment
Collateral hereunder or which Security Trustee deems necessary or advisable in order to obtain the full benefits of the Liens created or intended to be created hereunder in the Equipment Collateral, and will take such other actions reasonably requested by Security
Trustee to effectuate the intent of the Operative Documents.  To the extent permitted by Applicable Law, each Obligee and Obligor authorizes Security Trustee to file any such financing and continuation statements without the signature of either Obligee and
Obligor will pay all applicable filing fees and related expenses.

            7.5.      Termination.  Upon the full and final discharge and satisfaction of the Loans and the Obligees’ obligations to Lenders
and Security Trustee under the Operative Documents, the provisions of this Section 7 and all grants and assignments hereunder shall terminate, and all right, title and interest of Security Trustee in and to (i) the Equipment Collateral and the proceeds thereof shall
revert to Corporate Obligee, and (ii) the Transferred Property Collateral and the proceeds thereof shall revert to Trust Obligee, provided in each case that the indemnification provisions hereof shall survive the termination of this Agreement and, provided,
further, that if such discharge andsatisfaction shall be made following the occurrence of a Loan Event of Default, the foregoingdischarge shall be made following satisfaction of Obligor’s obligations under
Section 21 of the Equipment Agreement.  Security Trustee shall, at Obligor’s expense, execute and deliver any evidence of such release as Corporate Obligee or Trust Obligee may reasonably require and furnish to Security Trustee.

            7.6.      Other Security.  To the extent that the obligations of Obligees under any Operative Document are now or hereafter secured by
property other than the Collateral or by the guarantee, endorsement or property of any other Person, then Security Trustee shall have the right in its sole discretion to pursue, relinquish, subordinate, modify or take any other action with respect thereto, without in
any way modifying or affecting any of Security Trustee’s rights and remedies hereunder.

            7.7.      Power of Attorney.  Each Obligee irrevocably authorizes Security Trustee and does hereby make, constitute and appoint
Security Trustee and any officer of Security Trustee, with full power of substitution, as such Obligee’s true and lawful attorney-in-fact, with power, in its own name or in the name of such Obligee, to endorse any notes, checks, drafts, money orders, orother instruments of payment (including payments payable under or in respect of any policy of insurance) in respect of the Collateral that may come into possession of Security Trustee; to sign and endorse any invoice, freight or express bill, bill
of lading, storage or warehouse receipts, drafts against debtors, assignments, verifications and notices in connection with accounts, and other documents relating to the Collateral; to pay or discharge Taxes, Liens, security interests or other encumbrances at any
time levied or placed on or threatened against the Collateral; to demand, collect, receipt for, compromise, settle and sue for monies due in respect of the Collateral; and generally, to do, at Security Trustee’s option and at Obligor’s expense, at any
time, or from time to time, all acts and things which Security Trustee deems necessary to protect, preserve and realize upon the Collateral and Security Trustee’s security interests therein and in order to effect the intent of the Operative Documents all as
fully and effectually as such Obligee might or could do; and each Obligee hereby ratifies all that said attorney shall lawfully do or cause to be done by virtue hereof.  The powers of attorney made hereunder shall be coupled with an interest and irrevocable
for the term of this Agreement and thereafter as long as any of the obligations of Obligees under any Operative Document shall be outstanding.  The powers conferred on Security Trustee hereunder are solely to protect its interest in the
Collateral and shall not impose any duty upon Security Trustee to exercise any such powers.  Security Trustee shall be accountable only for amounts that it actually receives as a result of the exercise of such powers and neither it nor any of its officers,
directors or employees shall be responsible to each Obligee for any act or failure to act, except for its own gross negligence or willful misconduct.

            7.8.      Assignment of Rights.  Obligees agree that the assignments made herein are irrevocable and it will not, while said
assignments are in effect or thereafter until Obligees have received notice from Security Trustee of the termination thereof, take any action as Obligeesunder the Equipment Agreement or otherwise which is
inconsistent with this Agreement or make any other assignment, designation or direction inconsistent herewith and that any assignment, designation or direction inconsistent herewith shall be void.  Obligees and Security Trustee agree that the following are,
without limitation, rights, powers, privileges, options, and benefits assigned by Obligees hereunder: the right to make claim for, receive, collect and receipt for (and to apply the same to the payment of the principal of, Prepayment Premium, if any, and interest on
the Notes) all rents, income, revenues, issues, profits, insurance proceeds, condemnation awards, payments of Casualty Loss Value and other sums payable or receivable under the Equipment Agreement orthis Agreement or pursuant thereto, and
to make all waivers and agreements, to give and receive all notices andother instruments, and to take all action upon the happening of an Equipment Agreement Event of Default, including the commencement, conduct and consummation of
proceedings at law or in equity as shall be permitted under any provision of the Equipment Agreement or by law, and todo all other things which Corporate Obligee or any owner of the Equipment is or may become entitled to do under the
Equipment Agreement.

            7.9.      Transfer of the Collateral by Lenders.  Security Trustee or Lenders may be a transferee of the Collateral or of any part
thereof or of any interest therein at any sale thereof, whether pursuant to foreclosure or power of sale or otherwise hereunder, and may apply upon the transfer price the indebtedness secured hereby owing to such transfer, to the extent of suchtransferee’s distributive share of the transfer price.  Any such transferee shall, upon any such transfer, acquire title to the properties so transferred, free of the Lien of this Agreement.

            7.10.    No Segregation of Monies; No Interest.  Any monies paid to or retained by Security Trustee pursuant to any provision hereof and not
then required to be distributed to anyparty as provided in Section 7 hereof need not be segregated in any manner except to the extent required by law, and may be deposited under such general conditions as may be prescribed by law, and
Lenders shall not be liable for any interest thereon.

            7.11.    Distribution of Moneys.  Except as may be otherwise provided in this Section 7 and for so long as no Loan Event of Default has occurred
and is continuing, all moneys received by Security Trustee shall be applied in accordance with this Section 7.11:

7.11.1  Payments under the Equipment Agreement.  Moneys received by Security Trustee constituting Equipment Payment under the Equipment Agreement (including the payment of interest on any such overdue
Equipment Payment) shall be applied:

First, so much of such funds as shall be required to pay in full the aggregate amount of (i) any interest then due on the A Loans and B Loans, pro rata, according to their respective A Loan Term
Percentages and B Loan Term Percentages at the Overdue Rate, and (ii) the interest then due to the Lenders on the A Loans and B Loans, pro rata, according to their respective A Loan Term Percentages and B Loan Term Percentages at the Applicable Rate
therefor;

Second, so much of such funds as shall be required to pay the Lenders in full the aggregate amount of any principal installment then due on the A Loans and the B Loans as set forth on Schedule 3 hereto according
to their respective A Loan Term Percentages and B Loan Term Percentages; and

Third, the balance, if any, of such payment remaining thereafter shall be distributed to Corporate Obligee or its designee.

The parties hereto (other than U.S. Bank National Association in its individual capacity) acknowledge and agree that there was an overpayment made in error under the Original Operative Documents on the Payment Date immediately
preceding the Restructuring Date, all as more fully set forth on the Overpayment Memorandum and, in order to correct such overpayment, the Equipment Payment due and payable on the first Payment Date following the Restructuring Date shall be reduced by $55,657.00, and
the parties hereto agree that such reduced Equipment Payment shall not constitute an Equipment Agreement Default, Equipment Agreement Event of Default, Loan Default or Loan Event of Default under this Agreement or a default or event of default under the other
Operative Documents.

7.11.2  Payments in Respect of an Event of Loss.  Moneys received by Security Trustee constituting Casualty Loss Value (including any insurance proceeds or condemnation awards in respect of the subject Event
of Loss which are payable to Security Trustee pursuant to the provisions of the Equipment Agreement) shall be applied first, to the prepayment of the A Loans and B Loans, pro rata, required by Section 5.7.1 hereof, and second, the balance of any such
moneys shall be distributed to Corporate Obligee or its designee.  Corporate Obligee shall apply, and there shall become due and payable on the Casualty Loss Value Payment Date for such Item, the Equity Component with respect to such Item of Equipment and all
accrued and unpaid amounts set forth in Section 25.1(c) of the Equipment Agreement.

7.11.3  Payments in Respect of Transfers and Sales of Equipment.  Moneys received by Security Trustee constituting payment by Obligor of (a) the Unamortized Debt Balance of any Item of Equipment pursuant to
Section 25.2 or 25.4 of the Equipment Agreement shall be applied to the prepayment of the A Loans and B Loans as required by Section 5.7.2 hereof; and (b) the Collateral Proceeds and Harman Proceeds with respect of any Item of Equipment pursuant to Section 26 of the
Equipment Agreement shall be applied first, to the prepayment of the A Loans and the B Loans as required under Section 5.7.3 hereof, and second, the balance of any such moneys shall be distributed to Corporate Obligee or its designee.

7.11.4  Payment upon Final Disposition of the Items of Equipment.  Moneys received by Security Trustee constituting proceeds of the sale of any Item of Equipment to a third party pursuant to Section 25.3 of
the Equipment Agreement, plus moneys received by Security Trustee constituting any Deficiency with respect to such Item of Equipment shall be applied first, to the prepayment of the Notes required by Section 5.7.3 hereof, and second, the balance of any
such moneys shall be distributed to Corporate Obligee or its designee.

            7.12Payments after a Loan Event of Default.  All payments received and all amounts held or realized by Security Trustee (including any amounts realized by
Security Trustee from the exercise of any remedies) during the continuance of any Loan Event of Default, and allpayments or amounts then held or thereafter received by Security Trustee hereunder or under the Operative Documents, shall, so
long as such Loan Event of Default continues and shall not have been waived in writing by the Lenders, be applied forthwith by Security Trustee in the following order or priority:

First, so much of such payments or amounts held or realized by Security Trustee as shall be required to reimburse Security Trustee for any expenses not reimbursed by Obligees in connection with the collection or
distribution of such amounts held or realized by Security Trustee or in connection with the expenses incurred in enforcing its remedies hereunder and preserving the Collateral including, without limitation, those expenses contemplated under Section 10.1 hereof, shall
be retained by Security Trustee;

Second, so much of such payments or amounts as shall be required to pay Lenders, Security Trustee and Agent the amounts payable to Lenders, Security Trustee and Agent pursuant to the provisions of any
indemnification provisions of this Agreement shall be distributed to Lenders, Security Trustee and Agent;

Third, so much of such payments or amounts remaining as shall be required to pay (i) any accrued but unpaid interest on the A Loans and the B Loans at the Overdue Rate to the date of distribution, pro rata, then
(ii) any accrued but unpaid interest on the A Loans and the B Loans at the Applicable Debt Rate to the date of distribution, pro rata, according to the respective A Loan Term Percentages and the B Loan Term Percentages of the relevant Lenders then (iii) the
Prepayment Premium payable upon any principal amount paid on the A Loans and the B Loans following acceleration, pro rata, according to the respective A Loan Term Percentages and the B Loan Term Percentages of the relevant Lenders, and then (iv) all of the unpaid
principal amount of the A Loans and the B Loans and all other amounts due to the Lenders under the Operative Documents shall be distributed to the Lenders, pro rata, according to the respective A Loan Term Percentages and the B Loan Term Percentages of the relevant
Lenders; and

Fourth, the balance, if any, of such payments or amounts remaining thereafter shall be distributed to Corporate Obligee or its designee, which amounts are to be applied to (i) the outstanding Equity Component,
and (ii) all accrued and unpaid amounts set forth in Section 25.1(c) of the Equipment Agreement.

            7.13.    Application of Certain Other Payments.  Any payments received by Lenders for which provision as to the application thereof is made in
the Operative Documents but notelsewhere in this Agreement shall be applied forthwith to the purpose for which such payment was made in accordance with the terms of the Operative Documents.

            7.14     Other Payments.  Except as otherwise provided in Sections 7.12 and 7.15 hereof, (a)any payments received by Security
Trustee for which no provision as to the application thereof is made in the Operative Documents, or elsewhere in this Section 7, and (b)all payments received and amounts realized by Security Trustee with respect to the Collateral (including, without limitation, all
amounts realized upon the sale, release or other disposition of the Collateral upon foreclosure of this Agreement), to the extent received or realized at any time after payment in full of the principal of, Prepayment Premium, if any, and interest on the Loans, as
well as any other amounts remaining as part of the Collateral after payment in full of the principal of and interest on the Loans and all other amounts due Lenders hereunder and under any other Loan Document, shall in each case be distributed forthwith by Security
Trustee in the following order of priority:

First, in the manner provided in clause “First” of Section 7.12 hereof;

Second, in the manner provided in clause “Second” of Section 7.12 hereof; and

Third, in the manner provided in clause “Fourth” of Section 7.12 hereof.

            7.15.    Retention of Amounts by Security Trustee .  Except as otherwise provided in Section 7.12 hereof, if at the time of receipt by Security
Trustee of any payment or amount which would otherwise be distributable to Corporate Obligee, there shall have occurred and be continuing a Loan Default or a Loan Event of Default, Security Trustee shall not distribute any such amount to Corporate Obligee or its
designee and shall hold it as security for the Secured Obligations until such time as there shall not be continuing such Loan Default or Loan Event of Default.

8.         Indemnities.

            8.1.      Obligor General Indemnification.  Obligor hereby assumes liability for, and does hereby agree to indemnify, protect, save,
defend, and hold harmless each Obligor Indemnified Person on an After-Tax Basis from and against any and all obligations, fees, liabilities, losses, damages, penalties, claims, demands, actions, suits, judgments, costs and expenses, including reasonable legal fees
and expenses, of every kind and nature whatsoever, imposed on, incurred by, or asserted against such Obligor Indemnified Person (collectively, “Losses”), which is not directly and primarily caused by the gross negligence or willful misconduct of
such ObligorIndemnified Person and which relates in any way to or arises in any way out of (a) the manufacture, construction, ordering, transfer, acceptance or rejection, ownership, transfer of ownership, titling or retitling, registration
or reregistration, delivery, leasing, subleasing, possession, use, operation, maintenance, storage, removal, return, repossession, mortgaging, granting of any interest in, transfer of title to, acquisition, sale or other application or disposition, disposition of
licensing, documentation, of the Items of Equipment or any Item of Equipment, or any part thereof, including, without limitation, any of such as may arise from (i) loss or damage to any property or death or injury to any Persons, (ii) patent or latent defects in the
Items ofEquipment (whether or not discoverable by Obligor or any Obligor Indemnified Person), (iii) any claims based on strict liability in tort or negligence, (iv) any claims related to the release of anysubstance into the environment and (v) any claims based on patent, trademark, trade name or copyright infringement or (b) the Operative Documents or the transactions contemplated hereby or thereby other than Losses primarily caused by such Obligor
Indemnified Person’s breachunder the Operative Documents provided such breach is not caused by a breach or default by Obligor under the Operative Documents, or (c) any failure on the part of Obligor to perform or comply with any of
the terms of the Equipment Agreement or any other Operative Document to which it is a party or instrument referred to or contemplated hereby or thereby.  With respect to any Obligor Indemnified Person this indemnification shall not include any matters for which
such Obligor Indemnified Person is indemnified under Section 8.2 or which are excluded from Obligor’s indemnity obligation thereunder.  Obligor shall give each Obligor Indemnified Person prompt notice of any occurrence, event or condition known to Obligor
as a consequence of which any Obligor Indemnified Person may be entitled to indemnification hereunder, except only that Obligor shall not be required pursuant to this Section 8.1 to indemnify any Obligor Indemnified Person for any liability relating to the Items of
Equipment arising out of acts or events which occur after return of the Items of Equipment to Corporate Obligee (and expirationof any storage period) pursuant to Section 6 of the Equipment Agreement (other than a return pursuant to Section
21 of the Equipment Agreement) or which occur after a sale to a third party pursuant to Section 25.3 of the Equipment Agreement.  Unless Obligor is contesting any such claim specified in clause (a) hereof in a manner reasonably satisfactory to the affected
Obligor Indemnified Person, Obligor shall forthwith upon demand of any such Obligor Indemnified Person reimburse such Obligor Indemnified Person for amounts expended by it in connection with any of the foregoing or pay such amounts directly.  Obligor shall be
subrogated to an Obligor Indemnified Person’s rights in any matter with respect to which Obligor has actually reimbursed such Obligor Indemnified Person for amounts expended by it or has actually paid such amounts directly pursuant to this Section 8.1.  In
case any claim, action, suit or proceeding is made or brought against any Obligor Indemnified Person in connection with any claim indemnified against hereunder, such Obligor Indemnified Person will, promptly after receipt of notice of such claim or the commencement
of such action, suit or proceeding, notify Obligor thereof, enclosing a copy of all papers served upon such Obligor Indemnified Person, but failureto give such notice or to enclose such papers shall not relieve Obligor from any liability
hereunder unless such failure materially and adversely affects Obligor’s defense of such claimresulting in an increase in liability of Obligor in respect of such claim or preventing it from reducing
liability therefor, in which case Obligor shall not be required to indemnify such Obligor Indemnified Person for the amount by which such liability was increased or not reduced for failure to give such notice.  Obligor may, and upon such Obligor Indemnified
Person’s request will, at Obligor’s expense, resist and defend such claim, action, suit or proceeding, or cause the same to be resisted or defended by counsel selected by Obligor and reasonably satisfactory to such Obligor Indemnified Person and in the
event of any failure by Obligor to satisfy itsobligations under this Section, Obligor shall pay all reasonable costs and expenses (including, without limitation, attorney’s fees and expenses) incurred by such Obligor Indemnified
Person in connection with such action, suit or proceeding.  The provisions of this Section 8.1, and the obligations of Obligor under this Section 8.1, shall apply from the date of the execution of the Equipment Agreement notwithstanding that the Term may
not have commenced with respect to any Item of Equipment, and shall survive and continue in full force and effect notwithstanding the expiration or earlier termination of the Equipment Agreement in whole or in part, includingthe expiration of termination of the Term with respect to any Item of Equipment, and are expressly made for the benefit of, and shall be enforceable by, each Obligor Indemnified Person.

            8.2.      Obligor General Tax Indemnity.  Except as provided in Section 6.8 hereof, Obligor agrees to pay, defend and indemnify and
hold Obligees, Trust Company, Lenders, Agent, Security Trustee and Owner Participant and their respective Affiliates,successors and assigns (including any consolidated or combined group of which any such Person is a member) (each a
“Tax Indemnitee”) harmless on an After-Tax Basis from any and all Federal, state, local and foreign taxes, fees, withholdings, levies, imposts, duties, assessments and charges of any kind and nature whatsoever, together with any penalties, fines or
interest thereon (herein called “Taxes”) howsoever imposed, whether levied or imposed upon or asserted against a Tax Indemnitee, Obligor, any Item of Equipment, or any part thereof, by any federal, state or local government or taxing authority in
the United States, or by any taxing authority of a foreign country or subdivision thereof, upon or with respect to (a) the Items of Equipment, any Item of Equipment or any part thereof, (b) the manufacture, construction, ordering, transfer, ownership, transfer of
ownership, titling or retitling, registration or reregistration, delivery, leasing, subleasing, possession, use, operation, maintenance, storage, removal, return, mortgaging, granting of any interest in, transfers of title to, acquisition, sale or other disposal
oflicensing, documentation, repossession, sale or other application or disposition of the Items of Equipment, any Item of Equipment or any part thereof, (c) the revenues, rent, receipts or earnings arising from any Item of Equipment or any
part thereof, (d) the Equipment Agreement, the Equipment Payment and/or Supplemental Payments payable by Obligor hereunder or under the Equipment Agreement or any payment made to Lenders by either Obligee, Obligor, Owner Participant or Trust Company pursuant to the
Operative Documents, or (e) otherwise in respect of the Operative Documents or any thereof or any transaction or transactions contemplated hereby or thereby; provided, however, that the foregoing indemnity shall not apply with respect to any Tax
Indemnitee to (i) Taxes based upon or measured by such Tax Indemnitee’s net income, gross income, gross receipts (except gross income and gross receipts Taxes expressly imposed in lieu of overall sales Taxes), capital, net worth, excess profits or items of tax
preference, including minimum and alternative minimum Taxes imposed by any United Sates federal, state or local taxing authority (but such Taxes shall not be excluded from indemnification in the case of state and local taxes only, imposed
due to the location or presence of the Items of Equipment, thepresence, activities or place of business or organization of Obligor (or any person claiming or taking possession of the Items of Equipment from or
through Obligor) in the taxing jurisdiction imposing such Tax, or any payments being made from such jurisdiction or as contemplated by Section 25.3.2 of the Equipment Agreement) (“Income Taxes”), (ii) Taxes imposed on a Tax Indemnitee, including,
without limitation, sales and transfer Taxes, that result from any voluntary or involuntary transfer by such Tax Indemnitee of any interest in the Items of Equipment or in any other Tax Indemnitee or any portion of any of the foregoing or any interest arising out of
the Equipment Agreement and Operative Documents unless such transfer shall have occurred in connection with, or as a result of, Obligees’ acquisition of an Item of Equipment following theacquisition by Corporate Obligee of the
Original Equipment in accordance with the Assumption and Revocation Agreement and the Original Trust Purchase Agreement or an Equipment Agreement Event of Default or exercise of a transfer option or sale to a third party pursuant to Section 25.3.2 of the Equipment
Agreement, (iii) Taxes imposed on a Tax Indemnitee by any jurisdiction as a result of a situs of organization of such Tax Indemnitee or such Tax Indemnitee’s engaging in activities in such jurisdiction unrelated to the transactions contemplated by the Operative
Documents and not as a result of the presence of the Items of Equipment, Obligor, any Tax Indemnitee other than suchTax Indemnitee in, or any paymentsbeing made from, or the registration, filing or enforcement of
any document or chargecontemplated or necessitated by the Operative Documents, in such jurisdiction, (iv) Taxes imposed on a Tax Indemnitee that result from any willful misconduct or gross negligence of such Tax Indemnitee, (v) except where
there exists an Equipment Agreement Event of Default, Taxes that are attributable to any period beginning or circumstances occurring after the expiration or earlier termination of the Equipment Agreement other than with respect to a sale to a third partypursuant to Section 25.3.2 of the Equipment Agreement, and other than the payment of any amount after such date that has accrued on or prior to such date, and any interest thereon, (vi) Taxes that are based on or measured by fees or compensation for
services rendered by Obligees but not including interest, (vii) Taxes imposed by a taxing authority of a foreign country or subdivision thereof not by reason of the location or presence of the Items of Equipment, Obligor, in such jurisdiction or payments being made
from such jurisdiction or the registration, filing or enforcement of any document or charge contemplated or necessitated by the Operative Documents in such jurisdiction, (viii) Taxes, including, without limitation, any excise Taxes or other impositions or penalties,
payable as a result of such Tax Indemnitee’s participation in the transactions contemplated by the Operative Documents being deemed to result in a “prohibitedtransaction” by any party to the Equipment Agreement within the
meaning of Section 406 of ERISA or Section 4975 of the Code due to such Tax Indemnitee’s violation of its representation set forth in section 2, (ix) Taxes imposed on a transferee Tax Indemnitee in excess of the amount of such Taxes that would have been
imposed on the transferor had there not been a transfer by a Tax Indemnitee after the Closing Date of an interest in the Items of Equipment or in any other Tax Indemnitee or any portion of the foregoing or any interest arising under any Operative Document (except to
the extent such excess Taxes are imposed as a result of a change in Applicable Law after the date of such transfer) unless such transfer shall have occurred in connection with, or as a result of, an Equipment Agreement Event of Default or exercise of a transfer
option or a sale to a third party pursuant to Section 25.3.2 of the Equipment Agreement, provided that this exclusion shall not be read to prevent any payment pursuant to this Section 8.2 being made on an After-Tax Basis, and (x) Taxes imposed on a Tax Indemnitee
resulting from (a) the existence of any Liens created by such Tax Indemnitee (other than Permitted Liens), or (b) any inaccuracy of any representation, or breach of any warranty or covenant by such Tax Indemnitee, unless such violation or breach is a result
of a breach by Obligor of any of its obligations under any Operative Document. Obligor will promptly notify Obligees and each TaxIndemnitee of all reports or returns required to be made
by it with respect to any tax or other imposition with respect to which Obligor is required to indemnify hereunder, and will promptly provide each Tax Indemnitee with all information necessary for the making and timely filing of such reports or returns by it. 
If a Tax Indemnitee requests that any such reports or returns be prepared and filed by Obligor, Obligor will prepare and file the same if permitted by Applicable Law to file the same, and if not so permitted, Obligor shall prepare such reports or returns for
signature and shall forward the same, together with immediately available funds for payment of any Tax due, at least ten (10) days in advance of the date such payment is to be made.  Uponwritten request, Obligor shall furnish each Tax
Indemnitee with copies of all paid receipts or other appropriate evidence of payment for all Taxes paid by Obligor pursuant to this Section 8.2.  Each Tax Indemnitee shall furnish Obligor with copies of any written requests for information received by it from
any taxing authority relating to any Tax with respect to which Obligor is required to indemnify hereunder, and if a written claim is made against a Tax Indemnitee for any such Tax with respect to which Obligor is liable for a payment or indemnity hereunder, Obligees
or such Tax Indemnitee shall give Obligor notice in writing of such claim. Each such Tax Indemnitee will use its best efforts to inform Obligor of any potential claims ofwhich it hasnotice.  Obligor may, at
its sole cost and expense, either in its own name (other than with respectto Income Taxes) or in the name of the Tax Indemnitee, contest the validity, applicability or amount of such Tax, by (i) resisting payment thereof if practicable,
unless payment is required to avoid risk of the sale or forfeiture of, or the creation of a Lien on, the Items of Equipment to which such contest relates, (ii) not paying the same except under protest, if protest is necessary, or (iii) if the payment is made, using
reasonable efforts to obtain a refund thereof in appropriateadministrative and judicial proceedings; provided, however, that such contest shall be permitted only if no Equipment Agreement Event of Default has occurred and is continuing
hereunder, and only if and to the extent that such contest is being diligently prosecuted by Obligor by appropriate legal or administrative proceedings, and the action to be taken in connection with such contest (a) will not result in the sale, forfeiture or loss of,
or the creation of a Lien on, the Items of Equipment to which such contest relates or Obligees’ title thereto or any Tax Indemnitee interest therein, (b) is only with respect to any issue or Tax that is the subject of the indemnity provided in this Section
8.2, (c) Obligor shall have provided such Tax Indemnitee with an opinion of tax counsel reasonably satisfactory to such Tax Indemnitee, that such a contest has a reasonable basis, and (d) Obligor shall have acknowledged in writing its obligationto indemnify such Tax Indemnitee in the event the contest is unsuccessful (but such acknowledgment shall be of no force and effect if the resolution of such contest is on a basis that clearly demonstrates that Obligor is not liable for such indemnity);
provided that a Tax Indemnitee may assert control of the conduct of a contest which the Obligor has a right to control hereunder if the Tax Indemnitee provides written notice to Obligor that it wishes to conduct such contest and that it fully and irrevocably
releases Obligor from its indemnification obligations for the Tax (or Taxes) that is (or are) the subject of such contest and all otherwise indemnifiable amounts related thereto; provided further that Obligor can eliminate its obligations to cover the
costs and expenses of any contest by irrevocably paying the amount of such Taxes.  If a Tax Indemnitee has received a refund of any amount paid by Obligor pursuant to this Section 8.2, such Tax Indemnitee shall pay to Obligor the amount of such refund, together
with the amount of any interest actually received by such Tax Indemnitee on account of such refund net of any actual loss incurred by such Tax Indemnitee resulting from the circumstances relating to such payments.  Each Tax Indemnitee shall have sole control
over the positions taken with respect to its tax returns, filings and proceedings except with respect to Tax filings and proceedings that are otherwise provided for in this Section 8.2.  All of the indemnities contained in this Section 8.2are expressly made for the benefit of, and shall be enforceable by each Tax Indemnitee.  Each Tax Indemnitee shall determine the allocation of any tax credit, tax savings, refund or other
benefit and any related detriment resulting from any Tax indemnified hereunder, or from any indemnity payment hereunder, in its sole discretion and shall not be obligated to disclose its tax returns and related materials to any Person, other than any court or
governmental agency if required in any contest, undertaken pursuant to this Section 8.2 hereof, of the imposition of any Tax indemnified hereunder, and the positions of each Tax Indemnitee in its tax returns, filings and proceedings shall be within its sole control
except with respect to Tax filings andproceedings that are otherwise provided for in this Section 8.2.  Notwithstanding anything in the foregoing to the contrary, Obligor hereby agrees that all tax reports and returns of Owner
Participant will be treated in a responsible manner and their confidentiality maintained.  If Obligor pays any Tax to or on behalf of any Tax Indemnitee for which the Obligor has no indemnity obligation pursuant to this Section 8.2 (or otherwise pursuant to the
Operative Documents), the Tax Indemnitee upon whom, or with respect to which, such Tax was imposed, and for which the Obligor has no indemnity obligation, shall, within ten (10) days of writtenrequest therefor by
Obligor, pay to Obligor the amount of Tax so paid, with interest at the Applicable Debt Rate from the date of payment of such Tax.

            8.3.      [Intentionally Deleted.]

            8.4.      Survival.  All obligations provided for in this Section 8 shall survive the sale of any Item of Equipment, any termination
of the Equipment Agreement, the termination of this Agreement, and the payment in full of the Notes.  Further, all obligations provided for in Section 8 of the Original Participation Agreement shall survive the amendment and restatement of the Original
Operative Documents, as such amendment and restatement is evidenced by this Agreement and the other Operative Documents.

9.         Agent for Lenders.

            9.1.      Authorization and Action.  Lenders hereby appoint and authorize Agent and Security Trustee to take such action as agent on
its behalf and to exercise such powers under this Agreement and the other Loan Documents as are delegated to Agent or Security Trustee by the terms hereof and thereof, respectively, together with such powers as are reasonably incidental thereto.  As to any
matters not expressly provided for by a Loan Document (including enforcement or collection of the Notes), neither Agent nor Security Trustee shall be required toexercise any discretion or take any action, but shall be required to act or to
refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the Majority Lenders and such instructions shall be binding upon Lenders; provided, however, that neither Agent nor Security Trustee shall
be required to take any action which exposes it to personal liability or which is contrary to any Loan Document or Applicable Law.  Each Agent and Security Trustee agrees to give to Lenders prompt notice of each notice given to it by Obligees pursuant to the
terms of this Agreement.  Agent may, with the prior consent of the Majority Lenders, agree to any waiver or amendment of the Operative Documents or to give any consent or exercise any remedies thereunder on behalf of Lenders; provided, however,
neither Agent nor Security Trustee will, without the prior consent of all Lenders, agree to any waiver or amendment that would (i) postpone the time or times for payment of any amount payable under the Equipment Agreement or the principal of or interest on any
Loan, (ii) reduce any amount payable under the Equipment Agreement or the principal amount of any Loan or reduce the rate of interest on any Loan, or (iii) prior to the payment in full of the Secured Obligations, release any of
the Collateral from the Lien created by the Loan Documents, other than in accordance with the terms thereof.  Each of Agent and Security Trustee shall pursue its remedies under the Loan Documents during the
continuance of a Loan Event of Default in accordance with the instructions of the Majority Lenders.

            9.2.      Agent’s Reliance, etc.  Neither Agent nor Security Trustee nor any of its directors, officers, agents or employees
shall be liable for any action taken or omitted by it or them underor in connection with any Loan Document, except for its or their own gross negligence or willful misconduct. Without limitation of the generality of the foregoing, each of
Agent and Security Trustee (i) may consult with legal counsel (including counsel for Obligor), independent public accountants and other experts selected by it and shall not be liable for any action taken or omitted in good faith by it in accordance with the
advice of such counsel, accountants or experts, (ii) makes no warranty or representation to Lenders and shall not be responsible to Lenders for any statements, warranties or representations made in or in connection with any Loan Document, (iii) shall not
have any duty to ascertain or to inquire as to the performance or observance of any of the terms, covenants or conditions of any Loan Document on the part of Obligor or to inspect the property (including the books andrecords) of Obligor, (iv) shall not be responsible to Lenders for the due execution, legality, validity, enforceability, genuineness, sufficiency or value of any Loan Document or any other instrument or document furnished pursuant thereto, and
(v) shall incur no liability under or inrespect of any Loan Document by acting upon any notice, consent, certificate or other instrumentor writing (which may be by fax, telegram, cable or telex) believed by
it to be genuine and signed or sent by the proper party or parties.

            9.3.      Agent and Affiliates.  With respect to any Loans made by it and any Note issued to it as a Lender under the Operative
Documents, Agent and Security Trustee shall have the same rights and powers under each Loan Document as any other Lender and may exercise the same as though it were not an agent hereunder; Agent and Security Trustee and their respective Affiliates may accept deposits
from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with, Obligees or Obligor, any of its subsidiaries and any Person who may do business with or own securities of Obligees or Obligor or any such subsidiary, all as if
Agent were not an agent hereunder and without any duty to account therefor to Lenders.

            9.4.      Lenders Credit Decision.  Lenders acknowledge that they have, independently and without reliance upon Agent or Security
Trustee and based on the financial statements of Obligees and Obligor and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.  Lenders also acknowledge that they will,
independently and without reliance upon Agent or Security Trustee and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents.

            9.5.      Indemnification.  Each Lender agrees to indemnify Agent and Security Trustee (to the extent not reimbursed by Obligees or
Obligor), (and if there are multiple Lenders, each Lender agrees to do so ratably according to the respective principal amounts of the Notes then held by it), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by or asserted against Agent or Security Trustee in any way relating or arising out of any Loan Document or any action taken or omitted by Agent or Security
Trustee under any Loan Document; provided that no Lender shall beliable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs,expenses or disbursements resulting from the gross negligence or willful misconduct of the Agent or Security Trustee seeking such indemnity.  Without limitation of the foregoing, each Lender agrees to reimburse Agent promptly upon demand for
out-of-pocket expenses (including counsel fees) incurred by Agent or Security Trustee in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or
legal advice in respect of rights orresponsibilities under, any Loan Document, to the extent that Agent is not reimbursed for such expenses by Obligees or Obligor.

            9.6.      Successor Agent.  Agent or Security Trustee may resign at any time by giving at least fifteen (15) days written notice
thereof to each Lender and to Obligees, and Agent or Security Trustee may be removed at any time with or without cause by the Majority Lenders.  Upon any such resignation or removal, the Majority Lenders shall have the right to appoint a successor Agent or
Security Trustee.  If no successor Agent or Security Trustee shall have been so appointed by the Majority Lenders, and shall have accepted such appointment, within 30 days after any such resignation of removal, the retiring Agent or Security Trustee may, on
behalf of Lenders, appoint a successor Agent or Security Trustee, which shall be a commercial bank organized under the laws of the UnitedStates of America or of any State thereof and having a combined capital and
surplus of at least $100,000,000.  Upon the acceptance of any appointment as Agent or Security Trustee hereunder by a successor Agent or Security Trustee, such successorAgent or Security Trustee shall thereupon succeed to and become
vested with all the rights,powers, privileges and duties of the retiring Agent or Security Trustee, and the obligations under each Loan Document.

            9.7.      Holder List; Ownership of Notes.  Agent shall preserve in as current a form as is reasonably practicable the most recent
list available to it of the names and addresses of the holders of the Notes, which list shall be available to Obligees or their representative for inspection.  Ownership of the Notes shall be proved by the note register kept by Agent.  Prior to due
presentment for registration of transfer of any Note, Agent and Obligees may deem and treat the Person in whose name any Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of, and Prepayment Premium, if any, and
interest on such Note and for all other purposes whatsoever, whether or not such Note is overdue, and neither Agent nor Obligees shall be affected by any notice to the contrary.

9A.      Corporate Obligee Purchase Option.

9A.1    In the event that on any Termination Date, Obligor has not exercised its option to transfer the Equipment pursuant to Sections 25.2 or 25.4 of the Equipment Agreement and has not renewed the Equipment
Agreement, Corporate Obligee shall have the right, and is hereby granted the option (the “Corporate Obligee Option”) to purchase, or at the option of Corporate Obligee, to designate a third party to purchase, and each Lender hereby agrees to sell
to Corporate Obligee or its designee all of its right, title and interest in the Loans and the Notes, any time after such Termination Date at a purchase price equal to the aggregate of all amounts then owing to Lenders under the Operative Documents (the
“Purchase Option Price”) and to assign all of Lenders’ rights, remedies and security interests with respect to the Loans and Notes under the Operative Documents to Corporate Obligee or its designee.  In order to exercise the Corporate
Obligee Option, Corporate Obligee shall deliver to Lenders and Security Trustee irrevocable written notice of such election (the “Option Notice”) and shall pay the Purchase Option Price in immediately available funds on or before the second
Business Day after delivery of the Option Notice in accordance herewith.

9A.2    Each Lender agrees that, notwithstanding any provision in any Operative Document to the contrary, it shall not grant participations in, assign, sell or otherwise transfer all or any part of its interest
in the Loans or any Note unless such transferee, assignee or participant expressly acknowledges and agrees that its interest in the Loans and the Notes shall be subject to the Corporate Obligee Option and Lenders and Security Trustee agree that they will not take any
action with respect to the Equipment during the period after Lenders and Security Trustee receive the Option Notice and prior to the third Business Day thereafter without the written consent of Corporate Obligee.

10.       Miscellaneous.

            10.1     Expenses and Recording.  Obligor shall reimburse each Obligee, Trust Company, Owner Participant, each Lender, Agent and Security
Trustee for all reasonable costs and expenses in connection with the preparation, execution and delivery of the Operative Documents and the consummation of the transactionscontemplated thereby, and without limiting the generality of
Obligor’s undertaking to do so, Obligor shall pay the reasonable fees and expenses (initial and ongoing) of Trust Company forserving as Obligees and shall reimburse Trust Company, Lenders, Owner Participant, Agent and Security Trustee
for all of their respective costs and expenses (including, withoutlimitation, reasonable counsel fees and disbursements) in connection with the preparation, execution and delivery of and the consummation of the transactions contemplated
thereby; provided, however, Obligor shall have no obligation to reimburse the above Persons for costs and expenses in the negotiation, preparation and execution of Operative Documents negotiated, prepared and executed after the Restructuring Date unless
otherwise required under this Agreement or such Operative Documents relate to or arise out of an Equipment Agreement Event of Default.  Obligor shall also pay the reasonable fees and disbursements of special counsel to Corporate Obligee, special counsel to Trust
Obligee and special counsel to Agent, Security Trustee and Lenders in connection with any amendments, waivers or consents requested by Obligor under the Equipment Agreement.  Upon the occurrence and during the continuance of any Equipment Agreement Default or
Equipment Agreement Event of Default, Obligor will also pay or reimburse each Lender, Agent, Security Trustee and each Obligee for reasonable costs and expenses of counsel and of financial advisors as shall have been selected by such Obligee or suchLender, Agent or Security Trustee to assist such Obligee and such Lender in connection with such Equipment Agreement Defaults or Equipment Agreement Events of Default.  Obligor, at its own expense, will further cause the Equipment Agreement, the
Loan Documents and/or appropriate financing statements or continuation statements to be filed and recorded and, from time to time when required, refiled and re-recorded, in accordance with Applicable Law in any jurisdiction in which Obligor or any Item of Equipment
is located recognizing Corporate Obligee’s, any Lender’s or Security Trustee’s interest in the Equipment Agreement and in the Items of Equipment as a security interest and in any other jurisdiction where filing shall be reasonably requested by
Corporate Obligee, such Lender or Security Trustee for the purpose of proper protection, to the satisfaction of counselfor Corporate Obligee, such Lender or Security Trustee, of its interests and rights under the Equipment Agreement, or the
Loan Documents for the purpose of carrying out the intention of the Equipment Agreement and the Loan Documents. Obligor in addition will from time to time do and perform any other act and will execute, acknowledge, deliver, file, register,record (and will refile, reregister,deposit and redeposit or rerecord whenever required) any and all further instruments reasonably requested by Corporate Obligee, any Lender or Security Trustee for the purpose of proper
protection, to its satisfaction, of Corporate Obligee’s, Lenders’ or Security Trustee’s interests in the Items of Equipment, or for the purpose of carrying out the intention of the Equipment Agreement or theLoan Documents;
and Obligor will promptly furnish toCorporate Obligee, any Lender or Security Trustee which shall have requested the same evidence of all such filing, registering, depositing or recording.

            10.2     Modification.  Except as otherwise expressly provided and subject to the rights assigned by Obligor, Corporate Obligee and
Trust Obligee to Security Trustee hereunder, none of this Agreement, the Notes, the Equipment Agreement, the Receivables Purchase Agreement, the Trust Agreement nor the Security Documents nor any terms hereof or thereof may be amended, supplemented, waived or
modified without the written agreement and consent of the parties thereto, Obligor, each Lender, Corporate Obligee and Trustee Obligee, provided that where the consent of any Lender is required, such consent (except as provided below) may be given by Agent
acting on behalf of Majority Lenders, and any such consent shall be binding on all Lenders, provided further, that no such amendment, modification, waiver or supplement shall, (i) without the consent of a Lender (A) extend the final scheduled maturity
of such Lender’s A Loan or B Loan, as the case may be, or reduce the rate or extend the time of payment of interest thereon, or reduce the principal amount thereof (except to the extent repaid in cash), (B) release all or substantially all of Security
Trustee’s interest in the Collateral (except as expressly provided herein), (C) reduce the percentage specified in the definition of Majority Lenders or (D) amend this clause (i); (ii) without the consent of Agent, amend, modify or waive
any provision relating to the rights or obligations of Agent, or (iii) without the consent of Security Trustee amend, modify or waive any provision relating to the rights or obligations of Security Trustee.

            10.3     Governing Law, Jurisdiction and Venue; Waiver of Jury.  This Agreement and the rights and obligations of the parties hereunder and
under the Notes shall be construed in accordance with, and be governed by, the law of the State of New York.  The parties hereto hereby agree that all actions or proceedings initiated by any party hereto arising directly or indirectly out of this Agreement or
the other Loan Documents may be litigated in the Supreme Court of the State of New York located in New York City or the District Court or the United States District Court for the Southern District of New York.  Each party hereto hereby expressly submits and
consents in advance to such jurisdiction and venue in any action or proceeding commenced by any party hereto in any of such courts, agrees that jurisdiction and venue is proper in such courts, and hereby waives personal service of the summons and complaint, orother process or papers issued therein, and agrees that such service of the summons and complaint may be made by registered mail, return receipt requested, addressed to the party hereto being served at the address for
such party set forth in Section 10.4 hereof.  Each party hereto waives any claim that New York City or the Southern District of New York is an inconvenientforum or an improper forum based on lack of venue.  The choice of forum set
forth herein shall not be deemed to preclude the enforcement by any Lender or Security Trustee of any judgment in any other appropriate jurisdiction.  Each of Obligor, Corporate Obligee, Trust Company, Trust Company and Owner Participant hereby waives trial by
jury in any judicial proceeding brought by it, Lenders or Security Trustee involving directly or indirectly, any matter in any way arising out of, related to, or connected with this Agreement or the other Operative Documents.

            10.4.    Notices.  All notifications, notices, demands, requests and other communications herein provided for or made pursuant hereto shall be
in writing and shall be sent via (i) reputable overnight delivery service, and the giving of such communication shall be complete on the immediately succeeding Business Day after the same is deposited with such delivery service, (ii) by legible telefax with original
to promptly follow by certified mail, with return receipt requested, and the giving of such communication shall be completed on the Business Day onwhich such fax is received.  Written communications may be in any form of writing
howsoever transmitted.  The initial address of the parties hereto are as follows:

Lenders:                                                          
As set forth on Schedule 4 attached hereto.

Agent and Security Trustee:                              Bank of Tokyo-Mitsubishi
Trust Company

1251 Avenue of the Americas, 10th Floor

New York, New York  10020-1104

Attn:  Corporate Trust Department

Telefax:            212.782.5900/5901

Trust Obligee and Trust Company:                    Goodwin Square

225 Asylum Street

Hartford, Connecticut 06103

Attention: Peter Murphy

Telephone: (617) 603-6568

Telefax: (617) 603-6667         

Corporate
Obligee:                                           111
Huntington Avenue

Suite 400

Boston, Massachusetts 02199-8001

Attention:  Senior Vice President- Administration

Telephone: (617) 573-9000

Telefax:  (617) 345-1444

Obligor:                                                           
1101 Pennsylvania Avenue, NW

Suite 1010

Washington, D.C. 20004

Attention:          Treasurer or Assistant Treasurer

Telephone:        (202) 393-1101

Telefax:            (202) 393-3064

            10.5     Interests in the Equipment.  The parties hereto intend that (a) for financial accounting purposes with respect to Obligor,
Corporate Obligee will be treated as the owner and the lessor of each Item of Equipment and Obligor will be treated as the lessee of each Item of Equipment and (b) for all other purposes, including federal and all state and local income tax purposes, state sales, use
and other transaction tax purposes, and federal and state bankruptcy and insolvency laws, and state commercial law, (i) the Operative Documents will be treated as a financing arrangement, (ii) Corporate Obligee and each Lender will be deemed a lender making secured
loans to Obligor in an amount equal to the sum of the aggregate of the EquityComponents for each Item of Equipment and the outstanding principal amount of the Loans and (iii) Obligor will be treated as the owner of each Item of Equipment
and will be entitled to all tax benefits ordinarily available to an owner of equipment like the Equipment for such tax purposes.  Obligees shall take no action inconsistent with the intention of the parties setforth in clause (b)(iii)
of this Section 10.5; provided however, if the Equipment Agreement is finally andconclusively determined by any taxing authority having jurisdiction with respect thereto not to constitute a finance lease, Obligees, Owner Participant,
Lenders, Security Trustee and Obligor may take all actions necessary or desirable as a result of such determination and otherwise permitted by the terms of the Operative Documents.  Notwithstanding the intentions of the parties expressed herein, Obligor
acknowledges and agrees that neither Obligees, Owner Participant, Lenders, Security Trustee nor Agent has made any representations or warranties to Obligor concerning the tax, accounting or legal characteristics of the Operative Documents and that Obligor has
obtained and relied upon such tax, accounting and legal advice concerning the Operative Documents as it deems appropriate. 

            10.6     Descriptive Headings, etc.  The descriptive headings used in this Agreement are for convenience only and shall not be deemed to
affect the meaning or construction of any provision hereof.

            10.7     Benefit of Agreement; Assignment.

                        (a)        This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective permitted successors and assigns and in particular any holder from time to time of any Note.  Subject to clause (b) of this Section 10.7 and the following proviso, no party hereto may assign any or
all of its rights or obligations hereunder without the consent of the other parties hereto; provided however, that Trust Obligee may transfer or assign any or all of its rights or obligations hereunder to a successor obligee appointed in accordance with
the Trust Agreement, and each Lender and Owner Participant may at any time grant participations in or sell, assign, negotiate or otherwise transfer to any Permitted Assignee, any of its rights or obligations hereunder or under any other
Operative Document provided that each such Permitted Assignee shall expressly acknowledge and consent to the Corporate Obligee Option.  Obligees shall from time to time at the request of any Lender, execute and deliver to each Lender such documents
as such Lender may deem reasonably necessary or desirable to give full force and effect to any such sale, assignment or transfer.  If any Lender sells, assigns, negotiates or otherwise transfers all or a part of its rights and obligations hereunder, or all or a
part of any Loan, or all or a part of any Note outstanding at the time, to any Permitted Assignee, any reference to “Lender” or “Lenders” and any reference to “Owner Participant” in any Operative Document shall thereafter refer to
such Lender or Owner Participant and to such other Permitted Assignee to the extent of their respective interests.  Any such sale, assignment or transfer shall be evidenced by an Assignment and Acceptance Agreement substantially in the form of Schedule
5 attached hereto executed by the transferring Lender and the Permitted Transferee and delivered to Agent and Security Trustee.

Corporate Obligee shall have the right at any time at its sole expense, to sell, assign or transfer in whole or in part such right, title and interest to a transferee satisfying the conditions set forth below (a “Permitted Transferee”) and
provided that such sale, assignment or transfer satisfies the following conditions:

(i)         Such sale, assignment or transfer will not be in violation of the registration requirements of the Securities Act of 1933, as amended;

                        (ii)        The Permitted Transferee shall have the
requisite power and authority to enter into and carry out the transactions of Corporate Obligee contemplated hereby and by the other Operative Documents to which Corporate Obligee is a party;

                        (iii)       The Permitted Transferee shall be either (A)
a bank or other financial institution with capital and surplus of at least $100,000,000 or a leasing company organized under the laws of the United States with a tangible net worth of $100,000,000 as determined in accordance with GAAP, or (B) a corporation (other
than a corporation in the business of selling goods of the same type as the Equipment) organized and operating under the laws of any state of the United States with a tangible net worth of at least $100,000,000 as determined in accordance with GAAP, or (C) a
subsidiary of any Person described in clauses (A) or (B) above, provided such Person is not in the business of selling goods of the same type as the Equipment and such Person’s obligations are guarantied by a Person of the type described in clause (A) or
(B) in form and substance reasonably acceptable to the Majority Lenders, or (D) a corporation which is a member of the same consolidated group for Federal income tax purposes as Corporate Obligee, or another corporation owned and controlled by, or under common
control with, Corporate Obligee, other than a Person in the business of selling goods of the same type as the Equipment, provided, that if the Permitted Transferee is a Person described in clause (D) above and not described in clause (A), (B) or (C) above,
Corporate Obligee shall continue to be liable with respect to the obligations of the Permitted Transferee hereunder and under the other Operative Documents; and

                        (iv)       If Corporate Obligee proposes to transfer its
interest hereunder at any time pursuant to this Section 10.7(b), Corporate Obligee shall give not less than ten (10) days’ notice to Obligor specifying the name and address of the proposed Permitted Transferee and specifying the facts necessary to determine
compliance with this Section 10.7(b).

            From and after any transfer of Corporate Obligee’s interest effected in accordance with this Section 10.7(b), such Permitted Transferee shall be deemed a
“Corporate Obligee” for all purposes of this Agreement and the other Operative Documents and the transferring Corporate Obligee shall have no further liability under the transferred interest hereunder or thereunder, expect to the extent of any interest
herein retained or claims relating to or arising out of the period prior to such transfer.  Successive transfers may be made pursuant to this Section 10.7(b).

            10.8.    Execution and Effectiveness.  This Agreement may be executed in multiple counterparts, each of which shall be regarded as an original
and all of which shall constitute a single instrument and shall become effective on the Restructuring Date when each of the parties hereto shall have signed and delivered a copy hereof (whether the same or different copies).

            10.9.    Registration.  The Notes are or, when issued, will be registered obligations.  Corporate Obligee, Trust Obligee and each Lender
hereby directs and authorizes Agent to establish and maintain at the office of Agent registration books in which Agent will register, and register any assignment effected in compliance with Section 10.7 of, each holder’s interest in each Note or any portion
thereof and which identifies each registered holder of each Note or any portion thereof.  No transfer by any holder of a Note or any portion thereof shall be effective unless and until such transfer is madeupon the registration books
maintained by Agent.  Prior toregistration of transfer, Obligees may treat the person in whose name the Note is registered as theabsolute owner thereof for all purposes, and neither
Corporate Obligee nor Trust Obligee shall be affected by any notice to the contrary.

            10.10.  Confidentiality.  Each of Corporate Obligee, Trust Obligee, Owner Participant, each Lender, Agent and Security Trustee agrees that all financial
statements and other proprietary information furnished by Obligor will be treated by it in a responsible manner, and their confidentiality maintained; such material will not be disseminated except to the parties hereto or their respective officers, directors,
employees, agents, auditors, attorneys and professional consultants who, for proper reasons consistent with the purposes for which this information is furnished, need access to such information, and to such other parties to whom Corporate Obligee, Trust Obligee,
Trust Company, Owner Participant, each Lender, Agent or Security Trustee may have a duty or legal obligation of disclosure, including, without limitation, any Governmental Entity having jurisdiction over Corporate Obligee, Trust Obligee, Trust Company, such Lender,
Agent or Security Trustee.  This confidentiality provision will survive the expiration or early termination of this Agreement.  Each of Corporate Obligee, Trust Obligee, Owner Participant, each Lender, Agent or Security Trustee may designate any person in
writing who is an officer, employee or agent thereof (each, a “Designee”), to visit and inspect the properties (including, without limitation, the Items of Equipment) of Obligor, and to the extent reasonable under the circumstances, examine its
books of record and accounts (including, without limitation, Obligor’s records pertaining to the Items of Equipment but excluding tax returns and related tax information), and discuss its affairs, finances and accounts with its officers, and, with notice to
Obligor so that it may have an officer present if it so reasonablyrequests, the accountants of Obligor, all at such reasonable times, during normal business hours, as Corporate Obligee, Trust Obligee, Owner Participant, each Lender, Agent
or Security Trustee, as the case may be, may reasonably request and, upon such request, Obligor shall make such properties and such books of record and accounts available to Corporate Obligee, Trust Obligee, Owner Participant,each Lender,
Agent or Security Trustee, as the case may be, for inspection; provided, however, that, with respect to the properties of Obligor, other than the Items of Equipment and the records of Obligor other than those pertaining to the Items of Equipment,
Obligor’s obligations hereunder shall arise only following the occurrence and during the continuance of an Equipment Agreement Default or Equipment Agreement Event of Default, except that prior to the occurrence of an Equipment Agreement Default or Equipment
Agreement Event of Default,Obligor shall, upon receipt of reasonable notice, permit Corporate Obligee, Trust Obligee, Owner Participant, each Lender, Agent or Security Trustee or any Designee todiscuss the
affairs, finances and accounts of Obligor with a financial officer of Obligor.  No breach of the foregoing covenants by Obligees, shall affect or impair the obligation of Obligor to pay Obligees or Lenders any amounts due under this Agreement or the Equipment
Agreement.  Notwithstanding anything contained herein to the contrary, except as reasonably necessary to comply with Applicable Laws, the parties hereto may disclose to any and all Persons, without limitation of any kind, any information with respect to the
United States federal income “tax treatment” and “tax structure” (in each case, within the meaning of Treasury Regulation Section 1.6011-4) of the transactions contemplated hereby and all materials of any kind (including opinions or other tax
analyses) that are provided to such Persons relating to such tax treatment and tax structure.  To the extent not inconsistent with the immediately preceding sentence, this authorization does not extend to disclosure of any other information, including without
limitation (a) the identities of Persons in this transaction, (b) the existence or status of any negotiations, or(c) any other term or detail, or portion of any documents or other materials, not related to the tax
treatment or tax structure of the potential transaction.

            10.11.  Survival.  Each of the representations, warranties, terms, covenants, agreements and conditions contained in this Agreement shall specifically
survive the execution and delivery of this Agreement and the other Loan Documents and the making of the Loans and shall, unless otherwise expressly provided, continue in full force and effect until the Loans, together with interest thereon, and all other sums payable
hereunder or thereunder have been indefeasibly paid in full.

            10.12.  Severability.  The provisions of this Agreement are severable, and if any section or provision shall be held invalid or unenforceable in whole or
in part in any jurisdiction, then such invalidity or unenforceability shall affect only such clause or provision, or part thereof, insuch jurisdiction and shall not in any manner affect such clause or provision in any other jurisdiction, or
any other clause or provision of this Agreement in any jurisdiction.

            10.13.  No Broker.  Each party hereto hereby represents and warrants to the other parties that no broker other than BTM
Financial Services, Inc., BTM Capital Corporation or their respective Affiliates brought about the transactions contemplated hereby and each party hereby agrees to indemnify (the “Indemnifying Party”) and hold each other party harmless from, any
and all other liabilities and costs (including without limitation, costs of counsel) to any Person claiming brokerage commissions or finder’s fees as a result of any agreement with the Indemnifying Party.

            10.14.  Performance by Lenders.  If either Obligee fails to perform any of their respective obligations under the Operative Documents in a timely fashion,
each Lender shall be entitled, but not obliged, to perform such obligation at the expense of such Obligee and without waiving any rights they may have with respect to such breach.

            10.15.  Payment from Collateral; Limited Recourse.  Without impairing any of the other rights, powers, privileges, liens or security interests of Lenders
or Security Trustee pursuant to the Loan Documents, except for the Trust Company’s, Corporate Obligee’s or Owner Participant’s gross negligence, willful misconduct, misrepresentations or fraud and as expressly provided in this Agreement or any other
Operative Documents and, subject to the proviso below, Lenders agree that as between it and the Trust Company, Corporate Obligee and Owner Participant, no recourse shall be had with respect to this Agreement or such other Operative Documents against the Trust
Company, Corporate Obligee or Owner Participant, or any officer,director, employee, agent or Affiliate thereof for amounts owed by Obligees under the Loan Documents; and none of the Trust Company, Corporate Obligee or Owner Participant, nor
any officer, director, employee, agent or Affiliate thereof shall have any personal liability for any amountsowed by Obligees under any of the Operative Documents; provided, however, that nothing contained in this Section
10.15 or elsewhere shall be construed to (i) prevent recourse to and the enforcement against the Collateral of all liabilities, obligations and undertakings contained in any of the Operative Documents, (ii) limit, restrict, or impair the right of Lenders to
accelerate the maturity of any Loan upon the occurrence of a Loan Event of Default, (iii) prevent recourse to and the enforcement against Corporate Obligee of any amounts owed under the Loan Documents to the extent corresponding amounts were received by Corporate
Obligee from Obligor or realized by Corporate Obligee from the Collateral and, in either case, not remitted to Security Trustee (iv) prevent the bringing of an actionor obtaining a judgment against Obligees or against the Trust Company or
Owner Participant for any breach ofany of its representations, warranties or covenants under any of the Operative Documents, or (v) prevent the bringing of anaction or obtaining of a
judgment to foreclose the lien of the Equipment Agreement or the Security Documents or otherwise realize upon the Collateral or the sums due or to become due under this Agreement or the other Operative Documents to which any such Person is a party but, in the case of
the Corporate Obligee, any liability arising under this Agreement or the other Operative Documents shall be limited solely to Corporate Obligee’s interest in the Collateral unless such liability arises from Corporate Obligee’s gross negligence,
willful misconduct or fraud or a breach of Corporate Obligee’s representations and warranties contained in Sections 2.5(a), 2.5(b), 2.5(c), 2.5(e), 2.5(f), 2.5(g) (only with respect to the representation in 2.5(g) that the Equipment Collateral is free and clear
of all Liens arising by, through or under Corporate Obligee other than Permitted Liens) or 2.5(i) hereunder or a breach of Corporate Obligee’s agreements or covenants contained in Sections 6.1.1(b), 6.1.1(c), 6.1.2(c)(i), 6.1.2(d), 6.1.2(e) (only with respect
to the covenants in Section 6.1.2(e) that Corporate Obligee shall not except as expressly permitted by the Equipment Agreement, the Receivables Purchase Agreement, the Original Trust Purchase Agreement, the Assumption and Revocation Agreement and under this
Agreement, sell, lease, convey, transfer or encumber or otherwise dispose of all or any part of any Item of Equipment), 6.2.2(a) (solely as it relates to the representation in Section 2.5(i)), 6.2.2(c), 6.8, 7.4, 10.2, 10.7 or 10.13 hereunder or a breach of Corporate
Obligee’s agreements contained in Section 25.2 or 25.3.2 of the Equipment Agreement (solely as such agreements relate to a breach of Corporate Obligee’s obligation to convey its right, title and interest in and to the Equipment) or Section 26.1 of the
Equipment Agreement (solely to the extent Corporate Obligee receives the excess therein in cash from the Security Trustee).

            10.16.  No Proceedings.  Each party hereto agrees that it shall not institute against, or join any other Person in instituting against Trust Obligee any
bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any federal or state bankruptcy or similar law for one year and a day after the latest maturing A Notes issued by Trust Obligee is paid.

            10.17.  Concerning Trust Company.  Trust Company is entering into this Agreement solely in its capacity as Trustee under the Trust Agreement and not in
its individual capacity (except as expressly stated herein) and in no case shall Trust Company (or any entity acting as successor Trustee under the Trust Agreement) be personally liable for or onaccount ofany of
the statements, representations, warranties, covenants or obligations stated to be those ofTrust Obligee hereunder; provided, however, that Trust Company (or any such successor Trustee) shall be personally liable
hereunder for Trust Company Liabilities.

            10.18.  Waiver for Amendment and Restatement and Further Assurances.  The parties hereto hereby waive any procedural requirements under the Original Operative Documents to
the extent required or necessary for the consummation of the transactions contemplated under this Agreement and the other Operative Documents, and waive the requirement under clause (iv) of Section 12.10 under the definition of Permitted Transferee under the
Original Trust Agreement.

*  *  *  *

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by their respective duly authorized officers as of the date first above written.

HARMAN INTERNATIONAL INDUSTRIES,

INCORPORATED,

  as Obligor

By:  /s/ Frank Meredith                        

   Name:  Frank Meredith

  Title:  Executive Vice President and

                  Chief Financial Officer

BTM CAPITAL CORPORATION,

   as Corporate Obligee and Owner Participant

By:  /s/ John F.
McCarthy                                

   Name:  John F. McCarthy

        Title:  Vice President

U.S. BANK NATIONAL ASSOCIATION,

  not in its individual capacity,

  but solely as trustee,

   as Trust Obligee

By:  /s/ Peter M.
Murphy                                 

   Name:  Peter M. Murphy

  Title:  Trust Officer

U.S. BANK NATIONAL ASSOCIATION,

  in its individual capacity, as Trust Company

By:  /s/ Peter M.
Murphy                                 

   Name:  Peter M. Murphy

  Title:  Trust Officer

THE BANK OF NOVA SCOTIA

By:  /s/ Todd S.
Meller                                    

  Name:  Todd S. Meller

  Title:  Managing Director

HSBC BANK USA

By:  /s/ Diane M.
Zieske                                  

  Name:  Diane M. Zieske

    Title:  First Vice President

BANK OF TOKYO-MITSUBISHI, NEW YORK BRANCH

By:  /s/ Spencer
Hughes                                   

  Name:  Spencer Hughes

  Title:  Authorized Signatory

DANSKE BANK, A/S, Cayman Island Branch

By:  /s/ Angelo J.
Balestrieri                             

  Name:  Angelo J. Balestrieri

  Title:  Vice President

By:  /s/ John A. O’Neill                        

  Name:  John A. O’Neill

  Title:  Assistant General Manager

BANK OF TOKYO-MITSUBISHI TRUST COMPANY,

  as Agent and Security Trustee

By:  /s/ Charles
Ryan                                       

  Name:  Charles Ryan

  Title:  Vice President

HARMAN INTERNATIONAL INDUSTRIES, INCORPORATED

AMENDED AND RESTATED EQUIPMENT LEASING AGREEMENT AND AMENDED AND RESTATED PARTICIPATION AGREEMENT

(1999)

The definitions stated herein shall equally apply to both the singular and plural forms of the terms defined.  Any agreement defined or referred to below means such agreement as amended, supplemented or modified from time
to time, and includes all exhibits, supplements and appendices thereto.  Any Person defined or referred to below include its successors, permitted transferees  and assigns.  The word “including,” when used below or in any Operative
Document, is deemed to be followed by “without limitation,” whether or not such words appear.

“A Lenders” means any holder of an A Note and its successors and assigns.

“A Loan Term Percentage” means, as to each A Lender at any time, the percentage of the aggregate principal amount of the A Loans then outstanding at such time constituted by the aggregate
outstanding principal amount of such A Lender’s A Loan at such time.

“A Loan” means, as to each A Lender, the outstanding principal amount of such A Lender’s loan under the Participation Agreement in the principal amount as of the Restructuring Date set forth under
the heading “A Loans” opposite such A Lender’s name on Schedule 3 to the Participation Agreement, each of which is evidenced by an A Note.  The aggregate principal amount of the A Loans on the Restructuring Date is
$21,213,540.72.

“A Note” means any A Note issued by Corporate Obligee or Trust Obligee to any A Lender in the form of Exhibit D‐1 to the Participation Agreement.

“A Notes” means the collective reference to each A Note.

“Acceptance Date” for each Item of Equipment means the date on which Obligor financed such Item under the Original Operative Documents, as evidenced by Obligor’s execution and delivery of an Equipment
Agreement Supplement for such Item dated such date.

“Acquisition Cost” of each Item of Equipment means an amount equal to the sum of (i) the total cost paid by Original Obligee to Obligor for such Item in accordance with the Original Operative Documents, plus
(ii) all sales and excise taxes paid by Original Obligee and/or Obligor as agent for Original Obligee on or with respect to the acquisition of such Item, plus (iii) all costs and expenses approved and paid by Obligor as agent for Original Obligee in connection with
the delivery and installation of such Item.

“Acquisition Period” means the period specified as such on each consecutively numbered Related Exhibit A attached to and made a part of the Equipment Agreement.

“Affected Person” means each of the Lenders, any permitted assignee of any Lender or the Agent.

“Affiliate” means as to any Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person.  For purposes of this definition,
“control” of a Person means the power, directly or indirectly, either to (a) vote 10% or more of the securities having ordinary voting power for the election of directors of such Person or (b) direct or cause the direction of the management and policies
of such Person, whether by contract or otherwise.

“After-Tax Basis” means in respect of an amount (the “base amount”) with respect to a Person, the base amount supplemented by a future payment, if necessary, to such Person such that, after
reduction for all Taxes (other than Taxes based upon a Person’s net income or gross receipts and which are imposed or levied by any Federal, national, state, provincial or local taxing authority in the United States or a foreign country unless such Person would
not otherwise have been subject to taxation in such jurisdiction but for such Person’s involvement in this transaction), if any, imposed on such Person in respect of the sum of the base amount and such future payment shall be equal to the base
amount.

“Agent” means Bank of Tokyo-Mitsubishi Trust Company.

“Aggregate A Loan Principal Balance” has the meaning set forth in Section 5.2(a) of the Participation Agreement.

“Aggregate B Loan Principal Balance” has the meaning set forth in Section 5.2(a) of the Participation Agreement.

“Alternate Rate” means a variable rate equal to the greater of (i) the sum of the Federal Funds Rate from time to time in effect and  1⁄2 of one percent (0.5%) and (ii) the rate of interest from
time to time announced by Agent at its New York branch from time to time as its “prime commercial lending rate” (which rate is a reference rate and does not necessarily represent the lowest or best rate actually charged to any customer, and Agent may make
commercial loans or other loans at rates of interest at, above or below such reference rate).

“Applicable Debt Rate” (a) for the purpose of calculating Equipment Payment means the rate calculated in accordance with Section 7.6 of the Equipment Agreement, (b) for the purpose of calculating interest
due on any A Loan means the LIBOR Rate then in effect as determined by Agent pursuant to Schedule 2 to the Participation Agreement and (c) for the purpose of calculating interest due on any B Loan means the LIBOR Rate then in effect as determined by the Agent
pursuant to Schedule 2 to the Participation Agreement.

“Applicable Law” means, with respect to any Person or Item of Equipment, all provisions of statutes, rules, regulations, orders and requests (whether or not having the force of law) of any Governmental
Entity applicable to such Person or Item of Equipment, and all orders and decrees of all courts and arbitrators in proceedings or actions in which such Person is a party.

“Assignee” has the meaning set forth in Section 14.2 of the Equipment Agreement.

“Assignment and Acceptance Agreement” means the form of assignment and acceptance agreement attached as Schedule 5 to the Participation Agreement.

“Assumption and Revocation Agreement” means that certain Assignment, Assumption and Revocation Agreement dated as of June 30, 2003 by and between Original Owner Trustee, Original Obligee and Corporate
Obligee, a copy of which is attached as Exhibit B to the Trust Agreement.

“B Lenders” means any holder of a B Note and its successors and assigns.

“B Loan Term Percentage” means, as to each B Lender at any time, the percentage of the aggregate principal amount of the B Loans then outstanding at such time constituted by the aggregate
outstanding principal amount of such B Lender’s B Loan at such time.

“B Loan” means, as to each B Lender, the outstanding principal amount of such B Lender’s loan under the Participation Agreement in the principal amount as of the Restructuring Date set forth under
the heading “B Loans” opposite such B Lender’s name on Schedule 3 to the Participation Agreement, each of which is evidenced by an B Note.  The aggregate principal amount of the B Loans on the Restructuring Date is
$3,114,771.77.

“B Note” means any B Note issued by Corporate Obligee to any B Lender in the form of Exhibit D-2 to the Participation Agreement.

“B Notes” means a collective reference to each B Note.

“Basic Term” for each Item of Equipment means the period consisting of twelve (12) months commencing on the “Basic Term Commencement Date” set forth on the Related Exhibit A for such Item and
terminating on the Payment Date that occurs in the last month of such twelve (12) month period.

“Basic Term Commencement Date” for each Item of Equipment means the date specified as such on the Related Exhibit A.

“Breakage Costs” means any amount or amounts as shall compensate a Lender or Owner Participant for any loss or reasonable cost incurred after using good faith and reasonable efforts to minimize such loss
(but excluding loss of margin of profit) or cost by a Lender or Owner Participant directly resulting from repayment by an Obligee of Related Notes (as defined in Appendix A of the Original Participation Agreement) or Equity Components relating to Item(s) of Equipment
that Obligor exercises its rights to acquire pursuant to Section 25.4 of the Equipment Agreement, in accordance with the terms of the Operative Documents.  The amount of the loss or cost shall be determined by the Person seeking such, and notice thereof shall be
provided to Obligor in the form of a certificate of such Person stating that the calculations set forth therein are in accordance with the terms of the Operative Documents and setting forth in reasonable detail the basis for such calculations, such certificate being
conclusive and binding for all purposes absent manifest error.

“Business Day” means any day other than a day on which banking institutions in the State of Connecticut or the State of New York are authorized by law to close.

“Casualty Loss Value” of each Item of Equipment as of any Casualty Loss Value Payment Date means an amount determined by multiplying the Acquisition Cost of such Item of Equipment by the percentage set forth
opposite such Casualty Loss Value Payment Date on the Schedule of Casualty Loss Values attached to the Equipment Agreement Supplement for such Item.

“Casualty Loss Value Payment Date” for each Item of Equipment for which an Event of Loss occurs shall mean the Payment Date for such Item next following the date of such Event of Loss and for each Item of
Equipment with respect to which Obligor is exercising its option under Section 25.4 of the Equipment Agreement shall mean the Payment Date on which such option is to be exercised in accordance with such Section 25.4.

“Certificate of Costs” means any certificate by Obligor executed by a Responsible Officer certifying Obligor’s original purchase price and date of purchase of the Item of Equipment specified in such
certificate sold by Obligor to Original Obligee under the Original Participation Agreement in the form of Exhibit B to the Original Participation Agreement.

“Closing Date” means the first Funding Date.

“Code” means the Internal Revenue Code of 1986, as the same may be amended from time to time, or any comparable successor law.

“Collateral” means the collective reference to the Equipment Collateral and the Transferred Property Collateral.

“Collateral Proceeds” means the amount or amounts constituting all or a portion of the Net Proceeds of Sale received by Corporate Obligee or the Lenders from the sale of any Item or Items of Equipment in
accordance with Section 25.3 of the Equipment Agreement to the extent such amounts constitute payments of principal or interest due on the A Loans and the B Loans under Section 5 of the Participation Agreement.

“Commerzbank” means Commerzbank Aktiengesellschaft, New York Branch, the New York branch of a German banking corporation.

“Consolidated Capitalization” means any date, the sum of (a) shareholders’ equity of Obligor and (without duplication) its consolidated Subsidiaries, determined on a consolidated basis in accordance
with GAAP, and (b) Consolidated Total Debt.

“Consolidated EBITDA” means for any period, Consolidated Net Income for such period, plus the amount of taxes, interest, depreciation and amortization deducted from earnings in determining such
Consolidated Net Income.

“Consolidated Interest Expense” means for any period, the amount of interest expense deducted from earnings of Obligor and its consolidated Subsidiaries in determining Consolidated Net Income for such period
in accordance with GAAP.

“Consolidated Net Income” means for any period, the net income of Obligor and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.

“Consolidated Total Debt” means at any date, without duplication, the aggregate of all Indebtedness (including the current portion thereof) of Obligor and its consolidated Subsidiaries, determined on a
consolidated basis in accordance with GAAP.

“Corporate Obligee” means BTM Capital Corporation, a Delaware corporation, and its permitted successors and assigns.

“Corporate Obligee Option” has the meaning set forth in Section 9A.1 of the Participation Agreement.

“Cross Receipt” means any cross receipt in the form of Exhibit A to the Original Participation Agreement that was executed and delivered by Obligor to Original Obligee prior to the Restructuring Date in
accordance with the Original Operative Documents.

“Debt Amortization Payment” for any Item of Equipment as of any Payment Date means the amount determined by multiplying the Debt Component of such Item by the percentage set forth opposite such Payment Date
on the Schedule of Debt Component Amortization attached to the Related Equipment Agreement Supplement.

“Debt Component” for each Item of Equipment means the dollar amount of the Acquisition Cost financed by Original Lender on the Acquisition Date in accordance with the Original Operative Documents therefor
calculated as 97.00% of the Acquisition Cost for such Item.

“Deficiency” has the meaning set forth in Section 26.1 of the Equipment Agreement.

“Dollar” means freely transferable, lawful money of the United States.

“EBITDA Ratio” means on any date, the ratio of Consolidated EBITDA to Consolidated Interest Expense for the four consecutive fiscal quarters of Obligor most recently ended prior to such date.

“Englis  h Debenture” means each of Debentures among (i) Original Obligee and Original Security Trustee (ii) Corporate Obligee and Security Trustee, (iii) Obligor and Original Security Trustee and (iv)
Harman International Industries, Limited and Original Security Trustee.

“Equipment” means the equipment of the type(s) described on the Schedule of Equipment attached to each consecutively numbered Equipment Agreement Supplement made a part of the Equipment Agreement together
with any and all related appliances, parts, accessories, appurtenances, accessions, additions, improvements, replacements and other equipment or components of any nature from time to time incorporated or installed therein.

“Equipment Agreement” means the Amended and Restated Equipment Leasing Agreement dated as of June 30, 2003 between Obligor, as lessee, and Corporate Obligee, as lessor, and each Equipment Agreement
Supplement as amended, supplemented and modified from time to time in accordance with the terms of the Operative Documents.

“Equipment Agreement Default” means an Equipment Agreement Event of Default or an event which with notice or lapse of time or both would become an Equipment Agreement Event of Default.

“Equipment Agreement Event of Default” has the meaning set forth in Section 20 of the Equipment Agreement. 

“Equipment Agreement Supplement” means an Equipment Agreement Supplement substantially in the form attached to the Original Equipment Agreement as Exhibit B, which, prior to the Restructuring Date, was
executed by Original Obligee and Obligor with respect to each Item of Equipment as provided in Section 4 of the Original Equipment Agreement and was consented thereto by Original Lender, as the same may be amended or modified from time to time.

“Equipment Collateral” has the meaning set forth in Section 7.1(a) of the Participation Agreement.

“Equipment Payment” means the amount payable during the Interim Term pursuant to Section 7.1 of the Equipment Agreement, during the Basic Term pursuant to Section 7.2 of the Equipment Agreement, during each
Renewal Term pursuant to Section 25.1 of the Equipment Agreement and during any holdover period pursuant to Section 6.3 of the Equipment Agreement, any Deficiency and any end of term rent adjustment payable in accordance with Section 26.2 of the Equipment
Agreement.

“Equipment Payment Period” for each Item of Equipment means (a) for the Interim Term of such Item, each period for which a payment of Equipment Payment is to be made for such Item during the Interim Term as
set forth in Section 7.1 of the Equipment Agreement, (b) for the Basic Term of such Item, each period for which a payment of Equipment Payment is to be made for such Item during the Basic Term thereof as set forth in Section 7.2 of the Equipment Agreement, and (c)
for each Renewal Term of such Item, each period for which a payment of Equipment Payment is to be made for such Item during such Renewal Term as set forth in Section 25.1 of the Equipment Agreement.

“Equity Component” means, for each Item of Equipment, the difference between the Acquisition Cost and the Debt Component therefor.

“Equity Rate” means, for any Equipment Payment Period, the LIBOR in effect as of the first LIBOR Banking Day of each such Equipment Payment Period plus two hundred fifty (250) basis points.

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended.

“Estimated Residual Value” for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such Item
under the caption “Estimated Residual Value Percentage” applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item.

“Event of Loss” with respect to any Item of Equipment means (a) the loss of such Item of Equipment or any substantial part thereof, or (b) the loss of the use of such Item of Equipment due to theft or
disappearance for a period in excess of forty-five (45) days during the Term, or existing at the expiration or earlier termination of the Term, or (c) the destruction, damage beyond repair, or rendition of such Item of Equipment or any substantial part thereof
permanently unfit for normal use for any reason whatsoever, or (d) the condemnation, confiscation, seizure, or requisition of use or title to such Item of Equipment or any substantial part thereof by any Governmental Entity under the power of eminent domain or
otherwise beyond the earlier of sixty (60) days and the end of the Basic Term or Renewal Term, as applicable.

“Excepted Payments” means (a) indemnity payments paid or payable in favor of Trust Company, Owner Participant, or any Assignee, or their successors or assigns, directors, officers, employees, affiliates and
agents under the Operative Documents, (b) proceeds of public liability insurance (or government indemnities in lieu thereof) payable to Trust Company, Owner Participant, or any Assignee either pursuant to the Equipment Agreement or the Participation Agreement (which
shall include proceeds of any self-insurance by Obligor) or maintained by Obligor, Trust Company, Obligees, Owner Participant, or any Assignee and not required to be maintained under the Equipment Agreement, (c) costs or expenses paid or payable by Obligor to, or for
the benefit of, Trust Company, Owner Participant, or any Assignee, (d) all rights of, and payments to, Owner Participant under and pursuant to the Trust Agreement, (e) where any amount payable to Trust Company, Owner Participant, or any Assignee is expressed to be
payable on an After-Tax Basis, the increment to the underlying payment obligation arising by virtue of the operation of the definition of “After-Tax Basis,” (f) any payments in respect of interest to the extent attributable to payments referred to in
clauses (a) through (e) above and otherwise required to be paid thereon, (g) all rights to receive the amounts referred to in clauses (a) through (f) above, and (h) the proceeds of enforcement of any right to receive the proceeds of any amount referred to in clauses
(a) through (f) above.

“Federal Funds Rate” means for any day, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of one percent) equal to the weighted average of the rates on overnight Federal funds
transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day, provided that (a) if the day for which such rate is to be
determined is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if such rate is not so published for any day which is a
Business Day, the average of the quotations at approximately 11:00 a.m. (New York time) for such day on such transactions received by Agent from three federal funds brokers of recognized standing selected by Agent.

“French Commercial Pledge Agreement” means each Commercial Pledge Agreement among Obligor, Corporate Obligee and Audax Industries S.N.C.

“Funding Date” has the meaning set forth in Section 4.5 of the Original Participation Agreement.

“Funding Notice” has the meaning set forth in Section 4.5 of the Original Participation Agreement.

“GAAP” means generally accepted accounting principles in the United States of America in effect from time to time.

“German Chattel Mortgage Agreement” means each of the Agreements on Chattel Mortgage among (i) Becker GMBH and Obligor, (ii) Harman Audio Electronic Systems GMBH and Obligor, (iii) Obligor and Corporate
Obligee and (iv) Corporate Obligee and Security Trustee.

“Guaranty Obligation” means as to any Person (the “guaranteeing person”), any obligation of (a) the guaranteeing person or (b) another Person (including, without limitation, any bank under
any letter of credit) to induce the creation of which the guaranteeing person has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends, derivative instrument or other
obligations (the “primary obligations”) of any other third Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of the guaranteeing person, whether or not
contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain working capital or equity
capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary
obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guaranty Obligation shall not include (x)
endorsements of instruments for deposit or collection in the ordinary course of business or (y) obligations of the Obligor or any of its Subsidiaries under arrangements entered into in the ordinary course of business whereby Obligor or such Subsidiary sells inventory
to other Persons under agreements obligating Obligor or such Subsidiary to repurchase such inventory, at a price not exceeding the original sale price, upon the occurrence of certain specified events.

“Governmental Entity” means any Federal, state, municipal or other governmental department, commission, board, bureau, agency, central bank or instrumentality or any court, in each case whether of the United
States or any foreign country.

“Harman Proceeds” means the amount or amounts paid by Obligor to Corporate Obligee pursuant to Section 26.1 or 26.2 of the Equipment Agreement and received by the Lenders to the extent such amounts
constitute payments of principal or interest due the A Loans and the B Loans under Section 5 of the Participation Agreement.

“Illegality Event” has the meaning set forth in Section 5.5.9 of the Participation Agreement.

“Indebtedness” means of any Person at any date, all indebtedness or obligations of such Person (other than current trade liabilities incurred in the ordinary course of business and payable in accordance with
customary practices), as reflected on the balance sheet of such Person prepared in accordance with GAAP.

“Interest Coverage Ratio” means for any period of four consecutive fiscal quarters, Consolidated EBITDA divided by Consolidated Interest Expense for such period.

“Interim Term” for each Item of Equipment means the period commencing on the Acceptance Date for such Item (unless the Acceptance Date is the Basic Term Commencement Date, in which case there shall be no
Interim Term for such Item) and ending on the date immediately prior to the Basic Term Commencement Date. 

“Item of Equipment” or “Item” means any of the items of Equipment separately identified on any of the Schedules of Equipment attached to the Equipment Agreement Supplements currently made a part
of the Equipment Agreement.

“Lenders” means the collective reference to the A Lenders and the B Lenders, and their permitted successors and assigns.

“LC Issuer” means BTM Capital Corporation, a Delaware corporation, and its permitted successors and assigns.

“LC Reimbursement Security Agreement” means the Reimbursement Security Agreement between Original Obligee and LC Issuer dated as of June 30, 1999.

“LIBOR” means, in relation to any Equipment Payment Period, the rate per annum for deposits in Dollars for that Equipment Payment Period which appears on the Telerate Page 3750 as of 11:00 a.m. London time
on the second LIBOR Banking Day before the first day of the relevant Equipment Payment Period; provided that if such rate does not appear on the Telerate Screen Page 3750, LIBOR shall mean the rate for deposits of an amount comparable to the aggregate of the
Unamortized Debt Balances then financed or refinanced by such Lender by loans on the London interbank Dollar market for that Equipment Payment Period determined by such Lender to be the LIBOR rate offered by Agent to leading banks in the London Eurodollar interbank
market at 11:00 a.m. London time on the second LIBOR Banking Day before the first day of the relevant Equipment Payment Period for that relevant Equipment Payment Period adjusted for any reserve requirements in effect on the first day of such Equipment Payment
Period.

“LIBOR Banking Day” means any day other than a day on which banking institutions in the State of New York or the City of London are authorized by law to close.

“LIBOR Margin” means, at any time, the liquidity margin then applicable set forth in Schedule 2 to the Participation Agreement, expressed as an annual percentage rate calculated to the seventh decimal
place.

“LIBOR Rate” means the sum of LIBOR plus the LIBOR Margin.

“Lien” means liens, mortgages, encumbrances, pledges, charges and security interests of any kind.

“Liquidity Agreement” means the Amended and Restated Liquidity Asset Purchase Agreement dated as of August 27, 2000, among Original Issuer, as issuer, Commerzbank, as liquidity agent for the purchasers
thereunder, and the purchasers party thereto, as amended prior to the date hereof.

“Loans” means a collective reference to the A Loans and the B Loans.

“Loan Commitment Fee”  means the Loan Commitment Fee (as defined in Appendix A to the Original Participation Agreement).

“Loan Default” means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.

“Loan Documents” means the Participation Agreement, Notes and Security Documents.

“Loan Event of Default” has the meaning set forth in section 5.10 of the Participation Agreement.

“Majority Lenders” means Lenders in the aggregate holding Notes representing more than 50% of the aggregate outstanding principal balances of the Loans with each Lender being able to vote all or any portion
of its outstanding principal balance.

“Material Obligation” means any capitalized lease, derivative instrument or Guaranty Obligation.

“Maturity Date” for each Loan means the earlier of (a) the last day of the third Renewal Period for the Items of Equipment financed by such Loans and (b) such earlier date on which such Loan becomes due
and payable under the Participation Agreement.

“Maximum Obligor Risk Amount” for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such
Item under the caption “Maximum Obligor Risk Percentage” applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item.

“Maximum Obligee Risk Amount” for any Item of Equipment on any date of determination shall mean an amount obtained by multiplying (a) the percentage set forth in the Equipment Agreement Supplement for such
Item under the caption “Maximum Obligee Risk Percentage” applicable to the Basic Term or Renewal Term in effect on such date, by (b) the Acquisition Cost for such Item.

“Multi-Currency Credit Agreement” means the Amended and Restated Multi-Currency, Multi-Option Credit Agreement dated as of August 14, 2002 among Obligor, as “Borrower,” JPMorgan Chase Bank,
a New York banking corporation, as “Administrative Agent” and the several lenders party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof, and if such is no longer in effect, any other credit
agreement or loan agreement which provides Obligor and all or some of its subsidiaries with their primary source of working capital borrowings and if there is no such credit agreement or loan in effect then such last agreement or loan as in effect immediately prior
to its termination or expiration.

“Multi-Currency Negative Covenants” means each and every financial and negative covenant contained in the Multi-Currency Credit Agreement (other than covenants (a) for the maintenance of a ratio of
Consolidated Total Debt to Consolidated Capitalization, (b) for the maintenance of an Interest Coverage Ratio or (c) restricting mergers, consolidations, amalgamations, liquidation, winding up or dissolutions) as such covenants are in effect from time to time, which,
as of the date hereof, are contained in Section 9 of the Multi-Currency Credit Agreement.

“Net Proceeds of Sale” means with respect to each Item of Equipment sold by Corporate Obligee to a third party pursuant to Section 25.3 of the Equipment Agreement, the net amount of the proceeds of sale of
such Item, after deducting from the gross proceeds of such sale (a) all sales taxes and other taxes (excluding income taxes on or measured by Corporate Obligee’s income) as may be applicable to the sale or transfer of such Item, (b) all fees, costs and expenses
of such sale incurred by Obligee and (b) any other amounts for which, if not paid, Corporate Obligee would be liable or which, if not paid, would constitute a Lien on such Item.

“Non-Renewal Item of Equipment” means each Item of Equipment with respect to which the Equipment Agreement is not renewed at the end of the Basic Term or any Renewal Term pursuant to timely notice to
Corporate Obligee in accordance with the provisions of Section 25.1 of the Equipment Agreement.

“Notes” means the collective reference to the A Notes and the B Notes.

“Obligees” means, collectively, Trust Obligee and Corporate Obligee, and each of their permitted successors and assigns.

“Obligee Indemnified Person” means each of Trust Company, Owner Participant, Lenders, Agent, Security Trustee and any Assignee, their successors and assigns and each of their respective officers, directors,
employees, beneficiaries, stockholders, agents and servants.

“Obligee Property” means all of the estate, right, title and interest of Trust Obligee and Corporate Obligee in and to the Equipment, the Participation Agreement, the Equipment Agreement and the other
Operative Documents, and all documents related hereto and to the Equipment, and all proceeds thereof, including, without limitation, all Equipment Payments, insurance proceeds and Supplemental Payments, but excluding any Excepted Payments.

“Obligor” means Harman International Industries, Incorporated, a Delaware corporation, and its permitted successors and assigns.

“Obligor Indemnified Person” means each Obligee Indemnified Person and each Obligee, its successors and assigns and each of their respective officers, directors, employees, beneficiaries, stockholders,
agents and servants.

“Operative Documents” means the Participation Agreement, the Receivables Purchase Agreement, the Notes, the Equipment Agreement, all Equipment Agreement Supplements, the Trust Agreement, the Original Trust
Purchase Agreement, the Assumption and Revocation Agreement and the Security Documents and in each case, all exhibits, schedules and supplements thereto, and all notices, consents, certificates and other documents from time to time issued or entered into pursuant to
or in connection therewith; in each case as amended and modified from time to time.

“Optional Alteration” has the meaning given set forth in Section 12 of the Equipment Agreement.

“Original Agent” means Commerzbank, acting in the capacity as “Agent” under the Original Participation Agreement.

“Original Equipment” means the Equipment (as defined in Appendix A to the Original Participation Agreement).

“Original Equipment Agreement” means the Equipment Leasing Agreement dated as of September 30, 1999 between the Original Obligee, as “Obligee”, and Obligor, as “Obligor”, as amended
prior to the Restructuring Date.

“Original Issuer” means Four Winds Funding Corporation, a Delaware corporation, as “Issuer” under the Liquidity Agreement.

“Original Items of Equipment” means the Items of Equipment (as defined in Appendix A to the Original Participation Agreement).

“Original Lender” means Four Winds Funding Corporation, a Delaware corporation, as “Lender” under the Original Operative Documents.

“Original Loans” means each Loan (as defined in Appendix A to the Original Participation Agreement) made by Original Lender to Original Obligee under the Original Operative Documents.

“Original Notes” means the collective reference to the Notes (as defined in Appendix A to the Original Participation Agreement) issued by Original Obligee to Original Lender to evidence the Original Loans
made to it by Original Lender under the Original Operative Documents.

“Original Obligee” means U.S. Bank National Association (assignee of State Street Bank and Trust Company of Connecticut, National Association), not in its individual capacity but solely as trustee under the
Original Trust Agreement.

“Original Operative Documents” means the Operative Documents (as defined in Appendix A to the Original Participation Agreement).

“Original Owner Participant” means Bank of Tokyo-Mitsubishi Trust Company, a New York trust company.

“Original Owner Trustee” means U.S. Bank National Association (assignee of State Street Bank and Trust Company of Connecticut, National Association), acting in the capacity as “Owner Trustee”
under the Original Trust Agreement.

“Original Participation Agreement” means the Participation Agreement dated as of September 30, 1999 between Obligor, Original Obligee, Original Lender, Original Agent, Original Security Trustee and LC
Issuer.

“Original Security Trustee” means Commerzbank, acting in the capacity as “Security Trustee” under the Original Participation Agreement.

“Original Trust Agreement” means that certain Trust Agreement by and between Original Owner Trustee and Original Owner Participant, dated as of September 30, 1999, which agreement has been terminated
pursuant to the Assumption and Revocation Agreement.

“Original Trust Estate” means the Trust Estate (as defined in Appendix A to the Original Participation Agreement).

“Original Trust Purchase Agreement” means the Purchase, Assignment and Assumption Agreement dated as of June 30, 2003, between Original Owner Participant, as “Seller”, and Corporate Obligee,
as “Purchaser”, a copy of which is attached as Exhibit A to the Participation Agreement.

“Outstanding Debt Amount” with respect to each Item of Equipment means the Debt Component therefor less the aggregate of all Debt Amortization Payments, all payments on account of Casualty Loss Value and all
Deficiency payments and all payments made by Obligor to Corporate Obligee in accordance with Section 26.2 of the Equipment Agreement paid by Obligor to Corporate Obligee with respect to such Item.

“Overdue Rate” means the Applicable Debt Rate at the time in effect plus two (2) percent (200 basis points).

“Overpayment Memorandum” means that certain memorandum dated June 30, 2003 from Greg Henry of Harman International Industries, Incorporated to the A Lenders.

“Owner Participant” means BTM Capital Corporation, a Delaware corporation, and its permitted successors and assigns.

“Participation Agreement” means the Amended and Restated Participation Agreement dated as of June 30, 2003 among Obligor, Corporate Obligee, Trust Obligee, each Lender, Owner Participant, Agent and
Security Trustee, as amended and modified from time to time in accordance with the terms thereof.

“Payment and Amortization Schedule” for each Loan means the payment and amortization scheduled attached to the Note relating to and evidencing such Loan.

“Payment Date” the 20th of each June, September, December and March , provided however, if any such date is not a LIBOR Banking Day, then the Payment Date shall be the next LIBOR
Banking Day.

“Permitted Assignee” means any “accredited investor” under Rule 501(a) of the Securities Act of 1933, as amended, which is either a bank, insurance company, mutual fund, trust company, employee
benefit plan (as defined in ERISA), or savings and loan company, in each case having total assets of at least $200,000,000 or Corporate Obligee upon exercise of the Corporate Obligee Option.

“Permitted Lien” means (a) any Liens created or granted by (i) Corporate Obligee to Security Trustee with respect to the Equipment Collateral under or in connection with the Participation Agreement, or (ii)
by Trust Obligee to Security Trustee with respect to the Transferred Property Collateral under or in connection with the Participation Agreement, (b) any Liens created or granted by Original Obligee with respect to the Collateral (as defined in the Original Operative
Documents) under or in connection with the Original Participation Agreement, which Liens have been assumed by Corporate Obligee, Trust Obligee, or both, (c) any interest of Obligor with respect to the Collateral under the Participation Agreement or the Equipment
Agreement, and (d) any Lien of a mechanic, material-man, carrier, employee or other similar Lien arising in the ordinary course of business by statute or by operation of law, in respect of obligations that are not overdue or that are being contested in good faith by
appropriate proceedings.

“Permitted Transferee” has the meaning specified in Section 10.7(b) of the Participation Agreement.

“Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint stock company, trust, trustee(s) of a trust, unincorporated organization, or government
or Governmental Entity, agency or political subdivision thereof.

“Pre Effective-Date Financing Statement” means any UCC financing statement filed prior to July 1, 2001 in accordance with the Original Operative Documents to perfect a security interest granted by a
Subsidiary of Obligor to Obligor or by Obligor to Original Obligee or by Original Obligee to Original Security Trustee under the Original Equipment Agreement or the Original Participation Agreement, which UCC financing statements were not filed in such
Subsidiary’s, Obligor’s or Original Obligee’s UCC Location.

“Prepayment Premium” means with respect to any repayment of a Loan in whole or in part on any day other than a Payment Date the amount (if any) by which (a) the amount of interest payable on the next Payment
Date on the amount of the Loan which is repaid, but for it having been so repaid, exceeds (b) the aggregate of the amount of interest accrued to the date such amount is repaid and an amount equal to AR x D x R, where AR equals the amount which is repaid, D equals the
number of days from the date of repayment to the next Payment Date and R equals the rate per annum at which the Lender concerned is offering or would offer in the London Interbank Market (based on commercially reasonable criteria) for Dollar deposits of leading banks
in an amount substantially equal in the amount repaid for a period from such date to the next Payment Date.

“Program Administration Letter” means the Program Administration Letter (as defined in Appendix A to the Original Participation Agreement).

“Receivables Purchase Agreement” means the Financing Agreement Rights Purchase Agreement dated as of June 30, 2003 between Corporate Obligee, as seller, and Trust Obligee, as purchaser, a copy of which is
attached as Exhibit C to the Participation Agreement.

“Redelivery Location” means, with respect to any Item of Equipment that is to be returned by Obligor to Corporate Obligee, a location or locations designated by Corporate Obligee.

“Related Exhibit A” means, with respect to an Item of Equipment, the particular numbered Exhibit A currently attached to the Original Equipment Agreement and made a part thereof to which such Item relates as
specified in Section 4 of the Equipment Agreement.

“Related Equipment Agreement Supplement” means, with respect to an Item of Equipment, the particular numbered Equipment Agreement Supplement executed and delivered prior to the Restructuring Date in
connection with the Original Operative Documents on which that Item is identified.

“Renewal Term” for each Item of Equipment means each twelve (12) month period following the end of the Basic Term for such Item with respect to which Obligor has the option to renew the Equipment Agreement
pursuant to Section 25.1 of the Equipment Agreement, terminating on the Payment Date that occurs in the twelfth month of such Renewal Term.

“Required Alteration” has the meaning set forth in Section 12 of the Equipment Agreement.

“Responsible Officer” means the chief executive officer, the president, the chief financial officer, the Chief operating officer or the vice president for financial or legal affairs of Obligor.

“Restricted Subsidiary” means any Subsidiary identified as a “Restricted Subsidiary” in the Multi-Currency Credit Agreement.

“Restructuring Date” means June 30, 2003.

“Risk Allocation Agreement” means the Risk Allocation Agreement dated as of September 30, 1999 by and among Commerzbank Aktiengesellschaft, New York Branch and each other party referred to therein as a
“Purchaser” and Commerzbank Aktiengesellschaft, New York Branch, as agent for itself and the other Purchasers thereunder.

“Secured Obligations” has the meaning set forth in Section 7 of the Participation Agreement.

“Security Documents” means the UCC financing statements referenced in Section 2.1(g) of the Participation Agreement, the French Commercial Pledge Agreements, the German Chattel Mortgage Agreements, the
English Debentures, and Subsidiary Equipment Agreements.

“Security Trustee” means Bank of Tokyo-Mitsubishi Trust Company. 

“Special Non-Cash Charges” means any non-cash, non recurring restructuring charges in accordance with GAAP and non-cash charges relating to the implementation of Statement of Financial Accounting Standard
No. 142, Goodwill and Other Intangible Assets, issued by the Financial Accounting Standards Board.

“Standard & Poor’s” means Standard & Poor’s Rating Service, a Division of McGraw Hill Companies, Inc. and any successor or assign.

“Subsidiary” means as to any Person, a corporation, partnership or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership
interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled,
directly or indirectly through one or more intermediaries, or both, by such Person.

“Subsidiary Equipment Agreement” has the meaning set forth in Section 14.1 of the Equipment Agreement.

“Supplemental Payments” means all amounts, liabilities and obligations which Obligor assumes or agrees to pay hereunder to Corporate Obligee or others, including payments of Casualty Loss Value, Estimated
Residual Value and indemnities, but excluding Equipment Payment.

“Taxes” has the meaning set forth in Section 8.2 of the Participation Agreement.

“Term” for each Item of Equipment means the period from and including the Acceptance Date thereof and ending on the last day of the Basic Term thereof or, if renewed, the last Renewal Term
thereof.

“Termination Date” for each Item of Equipment means the last day of the Basic Term therefor, or if the Term of such Item has been renewed pursuant to Section 25.1 of the Equipment Agreement, the last day of
the then current Renewal Term of such Item.

“Transfer Option Amount” has the meaning set forth in Section 25.2 of the Equipment Agreement.

“Transferred Property” has the meaning set forth in Section 1 of the Receivables Purchase Agreement.

“Transferred Property Collateral” has the meaning set forth in Section 7.1(b) of the Participation Agreement.

“Trust” means the trust created by the Trust Agreement.

“Trust Agreement” means that certain Trust Agreement by and between Trust Company and Owner Participant, dated as of June 30, 2003, as amended, supplemented or modified from time to time.

“Trust Collateral” has the meaning set forth in Section 7.1(c) of the Participation Agreement.

“Trust Estate” has the meaning specified in Section 2.6 of the Trust Agreement.

“Trust Company” means U.S. Bank National Association, a national banking association, and its successors and assigns, each in its individual capacity.

“Trust Company Liabilities” means any claims or liabilities resulting from or arising out of the following (i) the willful misconduct or gross negligence of Trust Company; (ii) the liabilities that may
result from the breach or inaccuracy of any of the Trust Company’s representations, warranties or agreements made in its individual capacity in Sections 5.6 and 5.14 of the Trust Agreement, or in any Operative Documents or any document delivered in connection
therewith; (iii) any failure by Trust Company to perform the obligations expressly undertaken in its individual capacity in the Trust Agreement or in any Operative Document or any document delivered in connection therewith; (iv) Taxes based on or measured by any
fees, commissions or compensation received by Trust Company for acting as trustee in connection with any of the transactions contemplated by the Operative Documents; or (v) any failure by Trust Company to use ordinary care in the receipt and disbursement of
fund.

“Trust Obligee” means U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee under the Trust Agreement, and its permitted successors and
assigns.

“UCC” means the Uniform Commercial Code, as in effect in any applicable jurisdiction.

“UCC Location” means the jurisdiction in which a “debtor” is located (or deemed located) under the UCC.

“Unamortized Debt Balance” for any Item of Equipment, means the amount calculated by multiplying the unpaid principal balance of the Loans made with respect to such Item of Equipment by a fraction, the
numerator of which is the Acquisition Cost of such Item of Equipment as set forth on the Related Equipment Agreement Supplement and the denominator of which is the aggregate of all Acquisition Costs for Items of Equipment as set forth on the Related Equipment
Agreement Supplement (including such Item of Equipment with respect to which such calculation is being made) and at the time subject to the Equipment Agreement.

When used in any Operative Document the words “this Agreement”, “herein”, “hereunder”, “hereof” or other like words mean and include such Operative Document and each amendment
and supplement thereto, and with respect to the Equipment Agreement, each Exhibit A, each Equipment Agreement Supplement.  All references to sections, schedules and exhibits in any Operative Document are to sections, schedules and exhibits in or to such
Operative Document unless otherwise specified.  All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles in effect from time to time in the United States.  All words importing any
gender shall be deemed to include the other gender.  All references to statutes are to be construed as including all statutory provisions consolidating, amending or replacing the statute referred to.  Unless otherwise specified, references to agreements and
other contractual instruments shall be deemed to include all subsequent amendments, modifications and supplements thereto.

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