Document:

Amended and Restated Credit Agreement

 Exhibit 10.1 

 
  

$365,000,000 

AMENDED AND RESTATED CREDIT AGREEMENT 

dated as of May 26, 2010 

among 
 Holdings,

 the Borrower, 

THE LENDERS PARTY HERETO, 

MORGAN STANLEY SENIOR FUNDING, INC., 

as Administrative Agent and Collateral Agent 
  

 
 MORGAN STANLEY
SENIOR FUNDING, INC. AND BARCLAYS CAPITAL, 
 as Joint Lead Arrangers and Joint Book-Runners 

 
  

 TABLE OF CONTENTS 

ARTICLE I. Definitions 
  

					
	 	  	 	  	 PAGE

	Section 1.01	  	Defined Terms	  	2
	Section 1.02	  	Terms Generally	  	48
	Section 1.03	  	Classification of Loans and Borrowings	  	49
	Section 1.04	  	Pro Forma Calculations	  	49
	
	ARTICLE II. The Credits
			
	Section 2.01	  	Commitments	  	51
	Section 2.02	  	Loans	  	51
	Section 2.03	  	Borrowing Procedure	  	53
	Section 2.04	  	Repayment of Loans; Evidence of Debt	  	53
	Section 2.05	  	Fees	  	54
	Section 2.06	  	Interest on Loans	  	56
	Section 2.07	  	Default Interest	  	56
	Section 2.08	  	Alternate Rate of Interest	  	57
	Section 2.09	  	Termination and Reduction of Commitments	  	57
	Section 2.10	  	Conversion and Continuation of Borrowings	  	58
	Section 2.11	  	Repayment of Term Borrowings	  	59
	Section 2.12	  	Prepayment	  	60
	Section 2.13	  	Mandatory Prepayments	  	63
	Section 2.14	  	Reserve Requirements; Change in Circumstances	  	66
	Section 2.15	  	Change in Legality	  	67
	Section 2.16	  	Indemnity	  	68
	Section 2.17	  	Pro Rata Treatment	  	68
	Section 2.18	  	Sharing of Setoffs	  	69
	Section 2.19	  	Payments	  	69
	Section 2.20	  	Taxes	  	70
	Section 2.21	  	Assignment of Commitments Under Certain Circumstances; Duty to Mitigate	  	75
	Section 2.22	  	Swingline Loans	  	76
	Section 2.23	  	Letters of Credit	  	79
	Section 2.24	  	Increase in Commitments	  	83
	Section 2.25	  	Extension of Revolving Credit Commitments	  	85
	
	ARTICLE III. Representations and Warranties
			
	Section 3.01	  	Organization; Powers	  	87
	Section 3.02	  	Authorization; No Conflicts	  	88
	Section 3.03	  	Enforceability	  	88
	Section 3.04	  	Governmental Approvals	  	88
	Section 3.05	  	Financial Statements	  	89

  

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	Section 3.06	  	No Material Adverse Effect	  	89
	Section 3.07	  	Properties	  	89
	Section 3.08	  	Restricted Subsidiaries	  	90
	Section 3.09	  	Litigation; Compliance with Laws	  	90
	Section 3.10	  	Agreements	  	91
	Section 3.11	  	Federal Reserve Regulations	  	91
	Section 3.12	  	Investment Company Act	  	91
	Section 3.13	  	Irish Financial Assistance	  	91
	Section 3.14	  	Tax Returns	  	91
	Section 3.15	  	No Material Misstatements	  	92
	Section 3.16	  	Employee Benefit Plans	  	92
	Section 3.17	  	Environmental Matters	  	93
	Section 3.18	  	Insurance	  	94
	Section 3.19	  	Security Documents	  	94
	Section 3.20	  	UK Financial Assistance	  	94
	Section 3.21	  	Labor Matters	  	94
	Section 3.22	  	UK Pensions	  	94
	Section 3.23	  	Intellectual Property	  	95
	Section 3.24	  	Solvency	  	95
	Section 3.25	  	Permits	  	95
	Section 3.26	  	Anti-Terrorism Laws	  	95
	
	ARTICLE IV. Conditions of Lending
			
	Section 4.01	  	All Credit Events	  	96
	Section 4.02	  	Commitment Effective Date	  	97
	Section 4.03	  	Initial Funding Date and Certain Funds Period	  	100
	Section 4.04	  	Certain Funds.	  	101
	Section 4.05	  	Amendment and Restatement Effective Date	  	102
	
	ARTICLE V. Affirmative Covenants
			
	Section 5.01	  	Existence; Businesses and Properties	  	103
	Section 5.02	  	Insurance	  	104
	Section 5.03	  	Taxes	  	104
	Section 5.04	  	Financial Statements, Reports, etc.	  	105
	Section 5.05	  	Litigation and Other Notices	  	107
	Section 5.06	  	Information Regarding Collateral	  	107
	Section 5.07	  	Maintaining Records; Access to Properties and Inspections; Environmental Assessments	  	108
	Section 5.08	  	Use of Proceeds	  	108
	Section 5.09	  	Additional Collateral, etc.	  	108
	Section 5.10	  	Further Assurances	  	112
	Section 5.11	  	Interest Rate Protection	  	112
	Section 5.12	  	Maintenance of Ratings	  	112
	Section 5.13	  	Centre of Main Interest	  	113
	Section 5.14	  	Irish and UK Data Protection	  	113

  

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	Section 5.15	  	Scheme Affirmative Covenants	  	113
	Section 5.16	  	Specified Affirmative Covenants	  	114
	Section 5.17	  	White Wash Requirements and Final Debt Pushdown	  	116
	Section 5.18	  	Designation of Subsidiaries	  	116
	Section 5.19	  	Step Plan Transactions	  	116
	Section 5.20	  	Corporate Separateness	  	116
	
	ARTICLE VI. Negative Covenants
			
	Section 6.01	  	Indebtedness, Disqualified Equity Interests and Preferred Stock	  	117
	Section 6.02	  	Liens	  	120
	Section 6.03	  	Sale and Lease-Back Transactions	  	123
	Section 6.04	  	Investments, Loans and Advances	  	123
	Section 6.05	  	Dispositions	  	125
	Section 6.06	  	Restricted Payments; Restrictive Agreements	  	127
	Section 6.07	  	Transactions with Affiliates	  	132
	Section 6.08	  	Business of Restricted Subsidiaries	  	134
	Section 6.09	  	Other Indebtedness and Agreements; Amendments to Acquisition Documentation	  	134
	Section 6.10	  	[Reserved]	  	135
	Section 6.11	  	[Reserved]	  	135
	Section 6.12	  	Secured Leverage Ratio	  	135
	Section 6.13	  	Fiscal Year	  	136
	Section 6.14	  	Fundamental Changes	  	136
	Section 6.15	  	Scheme Negative Covenants	  	138
	Section 6.16	  	Specified Negative Covenants	  	138
	Section 6.17	  	Holding Company	  	139
	Section 6.18	  	Step Plan Transactions	  	139
	
	ARTICLE VII. Events of Default
			
	Section 7.01	  	Events of Default	  	140
	Section 7.02	  	Holdings’ Right to Cure	  	144
	
	ARTICLE VIII. The Agents and the Arrangers
	
	ARTICLE IX. Miscellaneous
			
	Section 9.01	  	Notices	  	148
	Section 9.02	  	Survival of Agreement	  	151
	Section 9.03	  	Binding Effect	  	152
	Section 9.04	  	Successors and Assigns	  	152
	Section 9.05	  	Expenses; Indemnity	  	156
	Section 9.06	  	Right of Setoff	  	158
	Section 9.07	  	Applicable Law	  	158
	Section 9.08	  	Waivers; Amendment	  	158
	Section 9.09	  	Interest Rate Limitation	  	161

  

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	Section 9.10	  	Entire Agreement	  	161
	Section 9.11	  	WAIVER OF JURY TRIAL	  	161
	Section 9.12	  	Severability	  	162
	Section 9.13	  	Counterparts	  	162
	Section 9.14	  	Headings	  	162
	Section 9.15	  	Jurisdiction; Consent to Service of Process	  	162
	Section 9.16	  	Confidentiality	  	163
	Section 9.17	  	Lender Action	  	163
	Section 9.18	  	USA PATRIOT Act Notice	  	164
	Section 9.19	  	No Fiduciary Duties	  	164
	Section 9.20	  	Collateral and Guarantee Matters	  	165
	Section 9.21	  	Process Agent	  	166
	Section 9.22	  	Effect of Amendment and Restatement	  	166
	Section 9.23	  	Holdings	  	166

 Exhibits and Schedules 

 

			
	Exhibit A	  	Form of Administrative Questionnaire
	Exhibit B	  	Form of Affiliate Subordination Agreement
	Exhibit C	  	Form of Assignment and Acceptance
	Exhibit D	  	Form of Borrowing Request
	Exhibit E	  	Form of Guarantee and Collateral Agreement
	Exhibit F	  	Form of Perfection Certificate
	Exhibit G	  	Form of Non-Bank Certificate
	Exhibit H	  	Form of Opinion of Ropes and Gray LLP
	Exhibit I	  	Form of Opinion of Mason Hayes + Curran
	Exhibit J-1	  	Form of Term Loan Note
	Exhibit J-2	  	Form of Revolving Loan Note
	Exhibit K	  	Form of Press Release
	Exhibit L	  	Form of Intermediate Borrower Novation and Assumption Agreement
	Exhibit M	  	Form of US Borrower Novation and Assumption Agreement
	Exhibit N	  	Form of Tax Confirmation
	Exhibit O	  	Form of Opinion of Loyens & Loeff
		
	Schedule 1.01	  	Step Plan
	Schedule 2.01	  	Lenders and Commitments

  

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 This AMENDED AND RESTATED CREDIT AGREEMENT dated as of May 26, 2010 (this
“Agreement”), is among HOLDINGS (as defined herein), the BORROWER (as defined herein), the LENDERS from time to time party hereto and MORGAN STANLEY SENIOR FUNDING, INC., as administrative agent (in such capacity and together with
its successors, the “Administrative Agent”) and as collateral agent (in such capacity and together with its successors, the “Collateral Agent”). 

PRELIMINARY STATEMENTS 

Pursuant to a scheme of arrangement under Section 201 of the Companies Act as set forth in the Scheme Documents (as this and other
capitalized terms used in these preliminary statements are defined in Section 1.01 below), SSI Investments III Limited, an Irish private limited company and a wholly owned Subsidiary of the Initial Borrower (“BidCo”) shall
acquire the Target (the “Acquisition”). 
 In connection with the Scheme, the Initial Borrower has requested
the Lenders to extend credit to the Initial Borrower in the form of (i) Term Loans in an initial aggregate principal amount of $325,000,000 and (ii) a Revolving Credit Facility in an initial aggregate principal amount of $40,000,000. The
Revolving Credit Facility may include one or more Letters of Credit from time to time and one or more Swingline Loans from time to time. 

The Borrower, Luxco Holdings, Morgan Stanley Senior Funding, Inc. as administrative agent and as collateral agent, and the lenders party
thereto from time to time have entered into that certain Credit Agreement, dated as of February 11, 2010 (the “Original Credit Agreement”). On the Amendment and Restatement Effective Date, the Original Credit Agreement will be
amended and restated in the form hereof. It is the intent of the parties hereto that this Agreement not constitute a novation of the obligations and liabilities of the parties under the Original Credit Agreement and that this Agreement amend and
restate in its entirety the Original Credit Agreement and re-evidence the Obligations outstanding on the Amendment and Restatement Effective Date as contemplated hereby and it is the intent of the Loan Parties to confirm that all Obligations of the
Loan Parties under the other Loan Documents, as amended hereby, shall continue in full force and effect and that, from and after the Amendment and Restatement Effective Date, all references to “the Credit Agreement” contained therein shall
be deemed to refer to this Agreement. 
 The proceeds of the Term Loans and the Revolving Loans permitted to be made on the
Initial Funding Date, together with (i) a portion of cash on hand of Target (USA) and its Subsidiaries (other than Subsidiaries organized under the laws of the Republic of Ireland), (ii) the proceeds of the issuance and sale of the Senior
Notes and (iii) the proceeds of the Equity Contribution, will be used to pay the Acquisition Consideration and the Transaction Expenses. The proceeds of Revolving Loans made after the Initial Funding Date will be used for working capital and
other general corporate purposes of the Borrower and the Subsidiaries, including the financing of Permitted Acquisitions. Swingline Loans and Letters of Credit will be used for general corporate purposes of the Borrower and the Subsidiaries.

  

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 Upon satisfaction of the White Wash Requirements by the Target and the Irish Guarantors, the
Initial Borrower shall execute and deliver a novation and assumption agreement with Target pursuant to which, among other things, (a) the Initial Borrower shall assign and transfer to Target all of its rights and obligations as Borrower (but
not as a Guarantor) under the Loan Documents (such assignment, the “Intermediate Debt Assumption”) and (b) the Initial Borrower shall be released from all of its obligations and liabilities as Borrower (but not as a Guarantor)
under the Loan Documents. 
 Immediately thereafter, Target shall execute and deliver a novation and assumption agreement with
the US Borrower pursuant to which, among other things, (a) Target shall assign and transfer to the US Borrower all of its rights and obligations as Borrower (but not as a Guarantor) under the Loan Documents (such assignment, the “Final
Debt Assumption”), (b) the US Borrower shall be the continuing Borrower from and after the time of the Final Debt Assumption, (c) Target shall be released from all obligations and liabilities as Borrower (but not as a Guarantor)
under the Loan Documents. 
 The Lenders are willing to extend such Loans and other extensions of credit on the terms and
conditions set forth herein. 
 NOW, THEREFORE, in consideration of the undertakings set forth herein and other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 

ARTICLE I. 

Definitions 

Section 1.01 Defined Terms. As used in this Agreement, the following terms shall have the meanings specified below:

 “ABR”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising
such Borrowing, are bearing interest at a rate determined by reference to the Alternate Base Rate. 
 “Acceptable
Discount” shall have the meaning assigned to such term in Section 2.12(d)(ii). 
 “Acquired
Entity” shall have the meaning assigned to such term in the definition of “Permitted Acquisition”. 

“Acquired Indebtedness” shall mean, with respect to any specified Person, (a) Indebtedness of any other Person
existing at the time such other Person is merged or amalgamated with or into or became a Restricted Subsidiary of such specified Person, including Indebtedness incurred in connection with, or in contemplation of, such other Person merging or
amalgamating with or into, or becoming a Restricted Subsidiary of, such specified Person, and (b) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. 

“Acquisition” shall have the meaning assigned to such term in the preliminary statements to this Agreement. 

 

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 “Acquisition Consideration” shall mean an aggregate amount required to
consummate the Acquisition, exclusive of all fees and expenses. 
 “Acquisition Documentation” shall mean,
collectively, the Scheme Documents and all schedules, exhibits, annexes and amendments thereto, and all side letters and agreements affecting the terms thereof or entered into in connection therewith. 

“Additional Revolving Credit Commitment Assumption Agreement” shall mean an Additional Revolving Credit Commitment
Assumption Agreement among, and in form and substance reasonably satisfactory to, the Borrower, the Administrative Agent and one or more Lenders providing additional Revolving Credit Commitments pursuant to Section 2.24. 

“Adjusted LIBO Rate” shall mean, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per
annum equal to the product of (a) the LIBO Rate in effect for such Interest Period and (b) Statutory Reserves; provided, however, notwithstanding anything to the contrary in this Agreement, in no event shall the Adjusted LIBO
Rate be lower than 1.75%. 
 “Administrative Agent” shall have the meaning assigned to such term in the
preamble. 
 “Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.05(b).

 “Administrative Questionnaire” shall mean an Administrative Questionnaire in the form of Exhibit A, or such
other form as may be supplied from time to time by the Administrative Agent. 
 “Affiliate” shall mean, when
used with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified; provided, however, that, for purposes of the
definition of “Eligible Assignee” and Section 6.07, the term “Affiliate” shall also include any Person that directly or indirectly owns Equity Interests representing at least 10% of the aggregate ordinary voting power
represented by the issued and outstanding Equity Interests of the Person specified. 
 “Affiliate Subordination
Agreement” shall mean an Affiliate Subordination Agreement in the form of Exhibit B pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations. 

“Agent Default” shall mean, to the extent such Agent holds any Loans or Commitments hereunder, if it is a Defaulting
Lender; provided, that, any reference to the Administrative Agent in the definition of “Defaulting Lender” shall be replaced by reference to “the Borrower and the Required Lenders.” 

“Agents” shall have the meaning assigned to such term in Article VIII. 

“Aggregate Revolving Credit Exposure” shall mean the aggregate amount of the Lenders’ Revolving Credit Exposures.

  

 3 

 “Agreement” shall have the meaning assigned to such term in the preamble.

 “AHYDO Amount” shall have the meaning assigned to such term in Section 2.13(g). 

“Alternate Base Rate” shall mean, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in
effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1.00%, (c) the Adjusted LIBO Rate for one month interest periods beginning on such date plus 1.00%, and (d) 2.75%. If the Administrative Agent
shall have determined (which determination shall be conclusive absent manifest error) that it is unable to ascertain the Federal Funds Effective Rate for any reason, including the inability or failure of the Administrative Agent to obtain sufficient
quotations in accordance with the terms of the definition thereof, the Alternate Base Rate shall be determined without regard to clause (b) of the preceding sentence until the circumstances giving rise to such inability no longer exist. Any
change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective as of the opening of business on the effective date of such change in the Prime Rate or the Federal Funds Effective Rate,
respectively. 
 “Amendment and Restatement Effective Date” shall mean the date the conditions precedent set
forth in Section 4.05 are satisfied. 
 “Anti-Terrorism Laws” shall have the meaning assigned to such term
in Section 3.26(a). 
 “Applicable Discount” shall have the meaning assigned to such term in
Section 2.12(d)(ii). 
 “Applicable Margin” shall mean, for any day, (a) for each Type of Term Loan,
the rate per annum equal to 4.75% for Eurodollar Term Loans and 3.75% for ABR Term Loans and (b) for Swingline Loans and each Type of Revolving Loan, the rate per annum equal to 4.50% for Eurodollar Revolving Loans and 3.50% for ABR Revolving
Loans and Swingline Loans. 
 “Applicable Premium” shall mean with respect to any Term Loans on any date of
prepayment (or repricing or effective repricing lower by a refinancing) or declaration, in each case as described in Section 2.12(e), the greater of (a) 2.0% of the principal amount of the Term Loans so prepaid (or repriced or effectively
repriced lower by a refinancing) or declared, and (b) the excess, if any, (i) the present value at such date of (x) 2.0% of the principal amount of the Term Loans so prepaid (or repriced or effectively repriced lower by a refinancing)
or declared, plus (y) all required interest payments (assuming that all such interest accrues at the Alternate Base Rate in effect as of the first Business Day prior to the date of such prepayment (or repricing or effective repricing lower by a
refinancing) or declaration plus the Applicable Margin) due on such Term Loans through and including the first anniversary of the Initial Funding Date (excluding accrued but unpaid interest as of the date of such prepayment (or repricing or
effective repricing lower by a refinancing) or declaration), computed using a discount rate equal to the Treasury Rate as of such date of prepayment (or repricing or effective repricing lower by a refinancing) or declaration plus 0.50% over
(ii) the then outstanding principal amount of such Term Loans so prepaid (or repriced or effectively repriced lower by a refinancing) or declared. 
  

 4 

 “Approved Fund” shall mean any Person (other than a natural Person) that is
engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course and that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or
an Affiliate of an entity that administers, advises or manages a Lender. 
 “Arrangers” shall mean Morgan
Stanley Senior Funding, Inc. and Barclays Capital, the Investment Banking Division of Barclays Bank PLC, as Joint Lead Arrangers and Joint Book-Runners. 

“Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender and an Eligible Assignee
(with the consent of any Person whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit C or such other form as shall be approved by the Administrative Agent. 

“Available Basket Amount” shall mean, at any time (the “Reference Date”), the sum of: 

(a) 100% of Consolidated EBITDA for the Available Basket Amount Reference Period (or, in the case where such Consolidated
EBITDA for such period is a deficit, minus 100% of such deficit), less 175% of the Consolidated Cash Interest Expense for such Available Basket Amount Reference Period; provided that the amount in this clause (a) shall be available for
any Investment made pursuant to Section 6.04(q), any Restricted Payment made pursuant to Section 6.06(a)(xii) or any payment made pursuant to Section 6.09(b)(i)(F) only if at the time of, and after giving pro forma effect to, any such
Investment, Restricted Payment or other payment, the Leverage Ratio would be no greater than 4.5 to 1.0; plus 

(b) the amount of any capital contributions or Net Cash Proceeds from the sale or issuance of Qualified Equity Interests
(or issuances of debt securities that have been converted into or exchanged for Qualified Equity Interests) (other than the Equity Contribution, Designated Preferred Stock and any Equity Interest designated pursuant to Section 7.02) received or
made by Holdings (or any direct or indirect parent thereof and contributed by such parent to Holdings) during the period from and including the Business Day immediately following the Commitment Effective Date through and including the Reference Date
and not previously applied for a purpose other than use in the Available Basket Amount; plus 
 (c) an
amount equal to the aggregate Returns in respect of any Investment made after the Initial Funding Date pursuant to Section 6.04(q) to the extent that such Returns did not increase Consolidated Net Income, minus 

(d) the aggregate amount of any Investments made pursuant to Section 6.04(q), any Restricted Payment made pursuant to
Section 6.06(a)(xii), or any payment made pursuant to Section 6.09(b)(i)(F) during the period commencing on the Commitment Effective Date and ending on the Reference Date (and, for purposes of this clause (d), without taking account of the
intended usage of the Available Basket Amount on such Reference Date). 
  

 5 

 “Available Basket Amount Reference Period” shall mean, with respect to any
Reference Date, the period (taken as one accounting period) commencing on the first day of the first full fiscal quarter following the occurrence of the Initial Funding Date and ending on the last day of the most recent fiscal quarter or fiscal
year, as applicable, for which financial statements required to be delivered pursuant to Section 5.04(a) or Section 5.04(b), and the related certificate required to be delivered pursuant to Section 5.04(d) have been delivered to the
Administrative Agent. 
 “Benefit Plan” shall mean any employee pension benefit plan (other than a
Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Tax Code or Section 307 of ERISA, and in respect of which the US Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under
Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA. 

“BidCo” shall have the meaning assigned to such term in the preliminary statements to this Agreement. 

“Board” shall mean the Board of Governors of the Federal Reserve System of the United States of America. 

“Borrower” shall mean (a) prior to the satisfaction of the White Wash Requirements by the Target and the Irish
Guarantors and the execution and delivery to the Administrative Agent of the Intermediate Borrower Novation and Assumption Agreement, the Initial Borrower, (b) upon or following the satisfaction of the White Wash Requirements and the execution
and delivery to the Administrative Agent of the Intermediate Borrower Novation and Assumption Agreement, Target and (c) upon the execution and delivery to the Administrative Agent of the US Borrower Novation and Assumption Agreement, the US
Borrower. 
 “Borrower Materials” shall have the meaning assigned to such term in Section 9.01(a).

 “Borrowing” shall mean (a) Loans of the same Class and Type made, converted or continued on the same
date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect or (b) a Swingline Loan. 

“Borrowing Request” shall mean a request by the Borrower in accordance with the terms of Section 2.03 and
substantially in the form of Exhibit D, or such other form as shall be approved by the Administrative Agent. 

“Breakage Event” shall have the meaning assigned to such term in Section 2.16. 

“Bridge Credit Agreement” shall mean that certain Senior Unsecured Interim Loan Agreement dated as of February 11,
2010 (as amended and restated on April 20, 2010) by and among Luxco Holdings, the lenders from time to time party thereto and Morgan Stanley Senior Funding, Inc. (or its successor), as administrative agent. 

 

 6 

 “Bridge Loan Documents” shall mean the “Loan Documents” as
defined in the Bridge Credit Agreement. 
 “Business Day” shall mean any day other than a Saturday, Sunday or
day on which commercial banks in New York City (or so long as the Initial Borrower is the Borrower hereunder, Ireland) are authorized or required by law to close; provided, however, that when used in connection with a Eurodollar Loan (including with
respect to all notices and determinations in connection therewith and any payments of principal, interest or other amounts thereon), the term “Business Day” shall also exclude any day on which banks are not open for dealings in dollar
deposits in the London interbank market. 
 “Canadian Guarantor” shall mean each Restricted Subsidiary (and its
permitted successors and assigns) incorporated under the laws of any Province in Canada in respect of which the Borrower is obligated to procure that it becomes a Subsidiary Guarantor. 

“Canadian Security Agreement” shall mean the security agreement, to be entered into by each Canadian Guarantor in
substance reasonably similar to the Guarantee and Collateral Agreement and reasonably satisfactory to Holdings and the Administrative Agent. 

“Canadian Security Documents” shall mean, collectively (i) each guarantee made by any Canadian Guarantor in favor
of the Collateral Agent and each of the other Secured Parties (as defined therein) in form and substance reasonably acceptable to the Administrative Agent, (ii) the Canadian Security Agreement and (iii) each of the other guarantees,
security agreements, pledges, debentures, hypothecs, mortgages, consents and other instruments and documents executed and delivered by each Canadian Guarantor or any other Canadian subsidiary of Holdings in connection with this Agreement or pursuant
to Sections 5.09 or 5.10. 
 “Capital Expenditures” shall mean, for any period, with respect to any Person,
(a) the additions to property, plant and equipment and other capital expenditures of such Person and its consolidated Restricted Subsidiaries that are (or should be) set forth in a consolidated statement of cash flows of such Person for such
period prepared in accordance with GAAP and (b) Capitalized Lease Obligations incurred by such Person and its consolidated Restricted Subsidiaries during such period; provided, however, that Capital Expenditures for Holdings and the Restricted
Subsidiaries shall not include (i) expenditures of proceeds of insurance settlements or condemnation awards in respect of lost, destroyed, damaged or condemned assets to the extent such expenditures are made to replace or repair such lost,
destroyed, damaged or condemned assets, (ii) expenditures of proceeds from Dispositions, (iii) expenditures made in connection with a Permitted Acquisition, (iv) the purchase price of equipment that is purchased simultaneously with
the trade-in of existing equipment to the extent that the gross amount of such purchase price is reduced by the credit granted by the seller of such equipment for the equipment being traded in at such time, (v) expenditures that are accounted
for as capital expenditures by Holdings or any Restricted Subsidiary and that actually are paid for, or reimbursed to Holdings or any Restricted Subsidiary in cash or Permitted Investments, by a Person other than Holdings or any Restricted
Subsidiary and for which neither Holdings nor any Restricted Subsidiary has provided or is required to provide or incur, directly or indirectly, any consideration or obligation (other than rent) in respect of such expenditures to such Person or any
other Person (whether before, during or after such period), (vi) the purchase price of 
  

 7 

 
equipment purchased during such period to the extent the consideration therefor consists of any combination of (A) used or surplus equipment traded in at the time of such purchase and
(B) the proceeds of a concurrent sale of used or surplus equipment, in each case, in the ordinary course of business, (vii) expenditures financed with the proceeds of an issuance of Equity Interests of Holdings or a capital contribution to
Holdings and (viii) capitalized software development costs. 
 “Capitalized Lease Obligations” at the time
any determination thereof is to be made, shall mean the amount of the liability in respect of a capital lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto)
prepared in accordance with GAAP. 
 “Cash Management Bank” shall mean any Person that is a Lender or an
Affiliate of a Lender at the time it provides any Cash Management Services, whether or not such Person subsequently ceases to be a Lender or an Affiliate of a Lender. 

“Cash Management Obligations” shall mean obligations owed by Holdings or any Subsidiary to any Cash Management Bank in
respect of or in connection with any Cash Management Services and designated by the Borrower in writing to the Administrative Agent as “Cash Management Obligations”. 

“Cash Management Services” shall mean any agreement or arrangement to provide cash management services, including
treasury, depository, overdraft, credit or debit card, purchase card, electronic funds transfer and other cash management arrangements. 

“Cayman Guarantor” shall mean each Restricted Subsidiary (and its permitted successors and assigns) incorporated under
the laws of the Cayman Islands in respect of which the Borrower is obligated to procure that it becomes a Subsidiary Guarantor. 

“Cayman Security Documents” shall mean, collectively, each of the guarantees, security agreements, pledges, debentures
and other documents and instruments executed and delivered by each Cayman Guarantor in connection with this Agreement or pursuant to Sections 5.09 or 5.10. 

“Certain Funds Advance” shall mean any Term Loan made or to be made during the Certain Funds Period. 

“Certain Funds Default” shall mean any Event of Default, in each case relating to Holdings, Initial Borrower and BidCo
only, arising under clauses (b), (c), (g), (h), (k), (l), (m), (n), (o) or (p) of Section 7.01 hereof. 

“Certain Funds Period” shall mean the period beginning on the Commitment Effective Date and ending on the earliest to
occur of (a) the date which falls 15 days after the Scheme Effective Date, (b) the Scheme Cancellation Date and (c) 180 days after the First Amendment Effective Date. 

 

 8 

 A “Change in Control” shall be deemed to have occurred if (a) prior to
a Qualified Public Offering, (i) the Sponsors shall fail to own, in the aggregate, directly or indirectly, beneficially or of record, outstanding voting securities representing greater than 50% of the aggregate ordinary voting power represented
by the issued and outstanding Equity Interests of Holdings and (ii) the Sponsors do not otherwise have the right, directly or indirectly, to designate (or have otherwise failed to so designate) a majority of the board of directors of Holdings,
(b) after a Qualified Public Offering, (A) any Person (other than one or more Sponsors) or (B) Persons (other than one or more Sponsors) that are together a group (within the meaning Section 13(d)(3) or Section 14(d)(2) of
the Exchange Act or any successor provision) or persons acting in concert (within the meaning of the Irish Takeover Panel Act of 1997 of Ireland), shall become the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 of the Exchange Act
or any successor rule), directly or indirectly, of more than the greater of (x) 35% of the outstanding voting securities having ordinary voting power of Holdings and (y) the percentage of the then outstanding voting securities having
ordinary voting power of Holdings owned, directly or indirectly, beneficially or of record, by one or more of the Sponsors, unless, in the case of either clause (i) or (ii) above, one or more Sponsors have, at such time, the right or the
ability by voting power, contract or otherwise to elect or so designate for election at least a majority of the board of directors of Holdings; (c) after a Qualified Public Offering, a majority of the seats (other than vacant seats) on the
board of directors of Holdings shall at any time be occupied by persons who are not Continuing Directors; (d) Holdings shall at any time fail to own directly or indirectly, beneficially and free and clear of all Liens (other than Liens under
the Loan Documents and non-consensual statutory Liens permitted under Section 6.02) or of record, 100% of each class of issued and outstanding Equity Interests in the Borrower; or (e) any change of control (or similar event, however
denominated) with respect to Holdings or any Restricted Subsidiary shall occur under any indenture or agreement in respect of Material Indebtedness to which Holdings or any Restricted Subsidiary is a party. 

“Change in Law” shall mean (a) the adoption of any law, rule or regulation after the Commitment Effective Date,
(b) any change in any law, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the Commitment Effective Date or (c) compliance by any Lender or the Issuing Bank (or, for purposes of
Section 2.14, by any lending office of such Lender or by such Lender’s or Issuing Bank’s holding company, if any) with any request, guideline or directive (whether or not having the force of law) of any Governmental Authority made or
issued after the Commitment Effective Date. 
 “Charges” shall have the meaning assigned to such term in
Section 9.09. 
 “Class”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or
the Loans comprising such Borrowing, are Revolving Loans, Term Loans or Swingline Loans and, when used in reference to any Commitment, refers to whether such Commitment is a Revolving Credit Commitment, Term Loan Commitment, Incremental Term Loan
Commitment or Swingline Commitment. 
 “Clean-Up Period” shall have the meaning assigned to such term in
Section 7.01. 
 “Collateral” shall mean all property and assets of the Loan Parties, now owned or
hereafter acquired, upon which a Lien is purported to be created by any Security Document, and shall include the Mortgaged Properties. 

“Collateral Agent” shall have the meaning assigned to such term in the preamble. 

 

 9 

 “Collateral Completion Date” shall mean the date by which each of
Holdings, the Borrower, the Target and the Subsidiary Guarantors shall have (1) executed and delivered the Guarantee and Collateral Agreement, or joined the Guarantee and Collateral Agreement pursuant to a joinder reasonably acceptable to the
Collateral Agent, or otherwise guaranteed the Obligations pursuant to a document or instrument in substance similar to the Guarantee and Collateral Agreement, (2) executed and delivered all other documents and instruments as the Collateral
Agent shall deem reasonably necessary or advisable in its reasonable judgment to grant, for the benefit of the Secured Parties, a valid and effective security interest in all Collateral comprising assets of Holdings (limited, in the case of Luxco
Holdings, solely to a share pledge of all of the issued and outstanding Equity Interests of SSI Investments I) and stock and assets of the Borrower, the Target and the Subsidiary Guarantors and (3) taken all such steps as the Collateral Agent
shall deem reasonably necessary or advisable in its reasonable judgment to perfect such security interest in all such Collateral, other than Collateral the security interest in which may not be perfected by (A) the filing of a UCC financing
statement (or analogous financing statement or similar filing in jurisdictions other than the United States, including any filing the Companies Registration Office in the Republic of Ireland), (B) delivery to the Collateral Agent of a physical
stock certificate (or other Equity Interest certificate) in Target or, (C) with respect to Intellectual Property Collateral, filings with the United States Patent and Trademark Office and/or the United States Copyright Office or any analogous
filing with any office, department or subdivision of any Governmental Authority in any other applicable jurisdiction. 

“Commitment” shall mean, with respect to any Lender, such Lender’s Revolving Credit Commitment, Term Loan
Commitment, Incremental Term Loan Commitment and Swingline Commitment. 
 “Commitment Effective Date” shall
mean the date the conditions precedent set forth in Section 4.02 hereof are satisfied. 
 “Commitment Effective
Date Collateral” shall have the meaning assigned to such term in Section 4.02(e). 
 “Commitment
Fee” shall have the meaning assigned to such term in Section 2.05(a). 
 “Commitment Fee Rate”
shall mean a rate per annum equal to 0.75%. 
 “Communications” shall have the meaning assigned to such term in
Section 9.01(a). 
 “Companies Act” shall mean the Companies Act 1963 of Ireland. 

“Confidential Information Memoranda” shall mean one or more confidential information memoranda and other materials, in
each case in form and substance customary for transactions of this type and otherwise reasonably satisfactory to both the Arrangers and the Borrower, to be used in connection with the syndication of the Facilities. 

 

 10 

 “Consolidated Cash Interest Expense” means, with respect to Holdings and
its Restricted Subsidiaries for any period, without duplication, the sum of: 
 (1) consolidated cash interest expense of
Holdings and its Restricted Subsidiaries for such period (including (a) all commissions, discounts and other fees and charges owed with respect to letters of credit or bankers acceptances, (b) the interest component of Capitalized Lease
Obligations, and (c) net payments, if any, made (less net payments, if any, received) pursuant to interest rate Hedging Obligations with respect to Indebtedness (other than costs associated with obtaining or terminating such Hedging
Obligations), but for the avoidance of doubt, excluding accretion of original issue discount, amortization of deferred financing costs, and any commitment, agency and similar financing fees), net of cash interest income for such period; plus

 (2) all cash dividends or other distributions paid (excluding items eliminated in consolidation) on any series of Preferred
Stock (other than “Designated Preferred Stock”) during such period; plus 
 (3) all cash dividends or other
distributions paid (excluding items eliminated in consolidation) on any series of Disqualified Equity Interests during such period. 

For purposes of this definition, interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably
determined by the Borrower to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. 

“Consolidated Depreciation and Amortization Expense” means with respect to Holdings and its Restricted Subsidiaries for
any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees of Holdings and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance
with GAAP. 
 “Consolidated EBITDA” shall mean, for any period, Consolidated Net Income for such period

 (1) increased (without duplication) by: 

(a) provision for taxes based on income or profits or capital, including, without limitation, state, franchise and similar
taxes and foreign withholding taxes of Holdings and its Restricted Subsidiaries paid or accrued during such period deducted (and not added back) in computing Consolidated Net Income; plus 

(b) consolidated interest expense of Holdings and its Restricted Subsidiaries for such period, to the extent the same was
deducted (and not added back) in calculating such Consolidated Net Income; plus 
 (c) Consolidated
Depreciation and Amortization Expense for such period to the extent the same was deducted (and not added back) in computing Consolidated Net Income; plus 
  

 11 

 (d) any expenses or charges (other than depreciation or amortization
expense) related to any issuance or offering of Equity Interests, Investment, acquisition, disposition, recapitalization or the incurrence of Indebtedness permitted to be incurred hereunder (including a refinancing thereof) (whether or not
successful), including (i) such fees, expenses or charges related to the offering of the Senior Notes and execution of the Original Credit Agreement and this Agreement and (ii) any amendment or other modification of the Senior Notes and
the Original Credit Agreement and this Agreement, in each case, deducted (and not added back) in computing Consolidated Net Income; plus 

(e) the amount of any restructuring charge or reserve deducted (and not added back) in such period in computing
Consolidated Net Income; plus 
 (f) any other non-cash charges, including (i) any write offs or
write downs, (ii) equity-based awards compensation expense, (iii) losses on sales, disposals or abandonment of, or any impairment charges or asset write off related to, intangible assets, long-lived assets and investments in debt and
equity securities, (iv) all losses from investments recorded using the equity method, and (v) other non-cash charges, non-cash expenses or non-cash losses reducing Consolidated Net Income for such period (provided that if any such
non-cash charges represent an accrual or reserve for potential cash items in any future period, the cash payment in respect thereof in such future period shall be subtracted from Consolidated EBITDA to such extent, and excluding amortization of a
prepaid cash item that was paid in a prior period); plus 
 (g) the amount of any expense associated with
minority interest consisting of Subsidiary income attributable to minority equity interests of third parties in any non-wholly owned Subsidiary deducted (and not added back) in such period in calculating Consolidated Net Income; plus

 (h) the amount of management, monitoring, consulting and advisory fees (including termination fees) and
related indemnities and expenses paid or accrued in such period to the Sponsors to the extent otherwise permitted under Section 6.07 and deducted (and not added back) in such period in computing Consolidated Net Income; plus 

(i) the amount of net cost savings projected by the Borrower in good faith to be realized as a result of specified actions
taken during such period (calculated on a pro forma basis as though such cost savings had been realized on the first day of such period), net of the amount of actual benefits realized during such period from such actions; provided that
(x) such cost savings are reasonably identifiable and factually supportable and (y) such actions are taken within 36 months after the Initial Funding Date; plus 

(j) the amount of loss on sale of receivables and related assets to the Receivables Subsidiary in connection with a
Receivables Facility; plus 
 (k) any costs or expense incurred by Holdings or a Restricted Subsidiary
pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such cost or expenses are funded with cash proceeds
contributed to the capital of Borrower or net cash proceeds of an issuance of Equity Interests of the Borrower (other than Disqualified Equity Interests) solely to the extent that such net cash proceeds are excluded from the calculation of the
Available Basket Amount plus 
  

 12 

 (l) any net loss from disposed or discontinued operations; plus

 (m) cash receipts (or any netting arrangements resulting in reduced cash expenditures) not representing
Consolidated EBITDA or Net Income in any period to the extent non-cash gains relating to such income were deducted in the calculation of Consolidated EBITDA pursuant to clause (2) below for any previous period and not added back, 

(2) decreased (without duplication) by: 

(a) non-cash gains increasing Consolidated Net Income of such Person for such period, excluding any non-cash gains to the
extent they represent the reversal of an accrual or reserve for a potential cash item that reduced Consolidated EBITDA in any prior period and any non-cash gains with respect to cash actually received in a prior period so long as such cash did not
increase Consolidated EBITDA in such prior period, plus 
 (b) any net income from disposed or
discontinued operations; and 
 (3) increased or decreased by (without duplication), as applicable, any adjustments resulting
from the application of FASB Interpretation No. 45 (Guarantees), 
 all determined on a consolidated basis in accordance
with GAAP. 
 Notwithstanding anything to the contrary contained herein, for purposes of determining Consolidated EBITDA under
this Agreement for any period that includes any of the fiscal quarters ended or ending (as applicable) October 31, 2009, January 31, 2010 and April 30, 2010, Consolidated EBITDA for such fiscal quarters shall be deemed to be
$32,106,043, $26,697,700 and $29,368,575, respectively. 
 “Consolidated Net Income” means, with respect to
Holdings for any period, the aggregate of the Net Income of Holdings and its Restricted Subsidiaries for such period, on a consolidated basis, and otherwise determined in accordance with GAAP; provided, however, that, without
duplication, 
 (1) any after-tax effect of extraordinary, non-recurring or unusual gains or losses (less all fees and expenses
relating thereto) or expenses, Transaction Expenses, severance, relocation costs, integration costs, consolidation and closing costs for facilities, signing, retention or completion bonuses, transition costs, costs incurred in connection with
acquisitions after the Initial Funding Date, restructuring costs, and curtailments or modifications to pension and post-retirement employee benefit plans shall be excluded, 

(2) the Net Income for such period shall not include the cumulative effect of a change in accounting principles during such period,

  

 13 

 (3) any net after-tax gains or losses on disposal of disposed, abandoned or discontinued
operations shall be excluded, 
 (4) any after-tax effect of gains or losses (less all fees and expenses relating thereto)
attributable to asset dispositions other than in the ordinary course of business, as determined in good faith by the Borrower, shall be excluded, 

(5) the Net Income for such period of any Person that is not a Subsidiary, or is an Unrestricted Subsidiary, or that is accounted for by
the equity method of accounting, shall be excluded; provided that Consolidated Net Income shall be increased by the amount of dividends or distributions or other payments that are actually paid in cash (or to the extent converted into cash)
to Holdings or a Restricted Subsidiary thereof in respect of such period by such Person, 
 (6) solely for the purpose of
determining the applicable amount under clause (a) of the definition of Available Basket Amount, the Net Income for such period of any Restricted Subsidiary (other than any Guarantor) shall be excluded (unless such Net Income for such period
represents a loss) to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary of its Net Income is not at the date of determination permitted without any prior governmental approval (which has
not been obtained) or, directly or indirectly, by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule, or governmental regulation applicable to that Restricted Subsidiary or its
stockholders, unless such restriction with respect to the payment of dividends or similar distributions has been legally waived, provided that Consolidated Net Income will be increased by the amount of dividends or other distributions or
other payments actually paid in cash (or to the extent converted into cash) to Holdings or a Restricted Subsidiary thereof in respect of such period, to the extent not already included therein, 

(7) effects of adjustments (including the effects of such adjustments pushed down to the Borrower and its Restricted Subsidiaries) in the
merchandise inventory, property and equipment, goodwill, intangible assets, deferred revenue and debt line items in Holdings’ consolidated financial statements pursuant to GAAP resulting from the application of purchase accounting in relation
to the Transactions or any consummated acquisition or the amortization or write-off of any amounts thereof, net of taxes, shall be excluded, 

(8) any after-tax effect of income (loss) from the early extinguishment or conversion of Indebtedness or Hedging Obligations or other
derivative instruments shall be excluded, 
 (9) any impairment charge or asset write-off or write-down, in each case, pursuant
to GAAP and the amortization of intangibles arising pursuant to GAAP shall be excluded, 
 (10) any non-cash compensation charge
or expense, including any such charge or expense arising from the grant of stock appreciation or similar rights, stock options, restricted stock or other equity-incentive programs, shall be excluded, 

(11) any fees and expenses incurred during such period, or any amortization thereof for such period, in connection with any acquisition,
Investment, Disposition, issuance or repayment of Indebtedness, issuance of Equity Interests, refinancing transaction or amendment or modification of any debt instrument (in each case, including any such transaction consummated prior to the Initial
Funding Date and any such transaction undertaken but not completed) and any charges or non-recurring merger costs incurred during such period as a result of any such transaction shall be excluded, 

 

 14 

 (12) accruals and reserves that are established within twelve months after the Initial
Funding Date that are so required to be established as a result of the Transactions in accordance with GAAP shall be excluded, 

(13) any net gain or loss resulting from currency translation gains or losses related to currency remeasurements of Indebtedness
(including any net loss or gain resulting from hedge agreements for currency exchange risk) and any foreign currency translation gains or losses shall be excluded, and 

(14) any unrealized net gains and losses resulting from Hedging Obligations and the application of Statement of Financial Accounting
Standards No. 133 shall be excluded. 
 In addition, to the extent not already included in the Net Income of Holdings and
its Restricted Subsidiaries, notwithstanding anything to the contrary in the foregoing, Consolidated Net Income shall include the amount of proceeds received from business interruption insurance and reimbursements of any expenses and charges that
are covered by indemnification or other reimbursement provisions in connection with any Investment permitted hereunder or any Disposition permitted hereunder. 

“Contingent Obligations” means, with respect to any Person, any obligation of such Person guaranteeing any leases,
dividends or other obligations that do not constitute Indebtedness (“primary obligations”) of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation,
any obligation of such Person, whether or not contingent, (a) to purchase any such primary obligation or any property constituting direct or indirect security therefore, (b) to advance or supply funds (i) for the purchase or payment
of any such primary obligation, or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor or (c) to purchase property, securities or services
primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation against loss in respect thereof. 

“Continuing Directors” shall mean, at any time, any member of the board of directors of Holdings who (a) was a
member of such board of directors on the Initial Funding Date immediately after the consummation of the Acquisition, (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing
Directors who were members of such board of directors at the time of such nomination or election, or (c) otherwise receives the vote, directly or indirectly, of one or more Sponsors in his or her election by the stockholders of Holdings.

 “Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction
of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise, and the terms “Controlling” and “Controlled” shall have meanings correlative thereto. 

 

 15 

 “Controlled Investment Affiliate” shall mean, as to any Person, any other
Person, other than any Sponsor, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or
indirect equity or debt investments in the Borrower and/or other companies. 
 “Court” shall mean the High
Court of Ireland. 
 “Credit Event” shall have the meaning assigned to such term in Section 4.01.

 “Cure Amount” shall have the meaning assigned to such term in Section 7.02(b). 

“Cure Expiration Date” has the meaning specified in Section 7.02(a). 

“Current Assets” shall mean, at any time, the consolidated current assets (other than cash and Permitted Investments and
current deferred tax assets) of Holdings and the Restricted Subsidiaries. 
 “Current Liabilities” shall mean,
at any time, the consolidated current liabilities of Holdings and the Restricted Subsidiaries at such time, but excluding, without duplication, (a) the current portion of any long-term Indebtedness, (b) outstanding Revolving Loans and
Swingline Loans and (c) current deferred tax liabilities. 
 “Default” shall mean any event or condition
which constitutes an Event of Default or which upon notice, lapse of time or both would constitute an Event of Default. 

“Defaulting Lender” shall mean any Lender, as determined by the Administrative Agent, that has (a) failed to fund
any portion of its Loans (including, without limitation, a Mandatory Borrowing) or participations in Letters of Credit within three Business Days of the date required to be funded by it hereunder (unless (i) such Lender and at least one other
unaffiliated Lender shall have notified the Administrative Agent and the Borrower in writing of their good faith determination that a condition to their obligation to fund Loans or participations in Letters of Credit shall not have been satisfied
and (ii) the Majority Facility Lenders under the Revolving Credit Facility shall not have advised the Administrative Agent in writing of their determination that such condition has been satisfied), (b) notified Holdings or the Borrower,
the Administrative Agent, any Issuing Bank or any Lender in writing that it does not intend to comply with any of its funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its
funding obligations under this Agreement or under other agreements in which it commits to extend credit, (c) failed, within three Business Days after request by the Administrative Agent, to confirm that it will comply with the terms of this
Agreement relating to its obligations to fund prospective Loans and participations in then outstanding Letters of Credit, (d) otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by
it hereunder within three Business Days of the date when due, unless the subject of a good-faith dispute or (e) become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for
it, or has consented to, approved of or acquiesced in any such proceeding or appointment or has a parent company that has become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed
for it, or has 
  

 16 

 
consented to, approved of or acquiesced in any such proceeding or appointment; provided that (i) if a Lender would be a “Defaulting Lender” solely by reason of events relating to a
parent company of such Lender as described in clause (e) above, the Administrative Agent may, in its discretion, determine that such Lender is not a “Defaulting Lender ” if and for so long as the Administrative Agent is reasonably
satisfied that such Lender will continue to perform its funding obligations hereunder and (ii) the Administrative Agent may, by notice to the Borrower and the Lenders, declare that a Defaulting Lender is no longer a “Defaulting
Lender” if the Administrative Agent determines, in its reasonable discretion, that the circumstances that resulted in such Lender becoming a “Defaulting Lender” no longer apply. 

“Designated Non-Cash Consideration” shall mean the Fair Market Value of non-cash consideration received by the Borrower
or any other Restricted Subsidiary in connection with a Disposition pursuant to Section 6.05(i) that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer, setting forth the basis of such
valuation (which amount will be reduced by the Fair Market Value of the portion of the non-cash consideration converted to cash within 180 days following the consummation of the applicable Disposition). 

“Designated Preferred Stock” means Preferred Stock of the Initial Borrower or any parent company thereof (in each case
other than Disqualified Equity Interests) that is issued for cash (other than to a Restricted Subsidiary or an employee stock ownership plan or trust established by the Initial Borrower or any of its Subsidiaries) and is so designated as Designated
Preferred Stock, pursuant to a certificate executed by a Financial Officer of the Initial Borrower or the applicable parent company thereof, as the case may be, on the issuance date thereof, the cash proceeds of which are excluded from the
calculation of the Available Basket Amount. 
 “Discount Range” shall have the meaning assigned to such term in
Section 2.12(d)(i). 
 “Disposition” or “Dispose” shall mean the sale, transfer, license,
lease or other disposition (including any sale and leaseback transaction and any sale of Equity Interests of a Subsidiary of the Borrower) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without
recourse, of any notes or accounts receivable or any rights and claims associated therewith. 
 “Disqualified Equity
Interests” shall mean any Equity Interest that, by its terms (or by the terms of any security or any other Equity Interest into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition
(a) matures or is mandatorily redeemable (other than solely for Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders
thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable, the termination of the Commitments and the termination of, or
backstop on terms reasonably satisfactory to the Administrative Agent of, all outstanding Letters of Credit), (b) is redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests), in whole or in part (except
as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that
are accrued and payable, the termination of the Commitments and the termination of, or backstop on terms reasonably 

 

 17 

 
satisfactory to the Issuing Bank of, all outstanding Letters of Credit), (c) provides for the scheduled payments of dividends in cash, or (d) is or becomes convertible into or
exchangeable for Indebtedness or any other Equity Interest that would constitute Disqualified Equity Interests, in each case, prior to the date that is ninety-one (91) days after the Term Loan Maturity Date; provided that if such Equity
Interests are issued pursuant to a plan for the benefit of employees of Holdings or the Subsidiaries or by any such plan to such employees, such Equity Interests shall not constitute Disqualified Equity Interests solely because it may be required to
be repurchased by Holdings or the Subsidiaries in order to satisfy applicable statutory or regulatory obligations. 

“dollars” or “$” shall mean lawful money of the United States of America. 

“Eligible Assignee” shall mean any Person other than a natural Person that is (i) a Lender, an Affiliate of any
Lender or a Related Fund (any two or more Related Funds being treated as a single Eligible Assignee for all purposes hereof), or (ii) a commercial bank, insurance company, investment or mutual fund or other entity that is an “accredited
investor” (as defined in Regulation D under the Securities Act) and which extends credit or buys loans in the ordinary course of business; provided that notwithstanding the foregoing, “Eligible Assignee” shall not include the
Borrower or any of the Borrower’s Affiliates (other than Sankaty Advisors, LLC or any investment fund or other account managed or advised by Sankaty Advisors, LLC, which, in each case, invests primarily in fixed income assets or other credit
products). 
 “Environmental Laws” shall mean with respect to the applicable Person, all Federal, state, local
and foreign laws (including, without limitation, statutes, common law and laws and regulations of the European Union), treaties, regulations, rules, ordinances, codes, decrees, judgments, directives, orders (including consent orders), and agreements
in each case, relating to protection of the environment, natural resources, human health and safety or the presence, Release of, threatened Release, or exposure to, Hazardous Materials, or the generation, manufacture, processing, distribution, use,
treatment, storage, transport, recycling or handling of, or the arrangement for such activities with respect to, Hazardous Materials. 

“Environmental Liability” shall mean all liabilities, obligations, damages, losses, claims, actions, suits, judgments,
orders, fines, penalties, fees, expenses and costs (including administrative oversight costs, natural resource damages and remediation costs), whether contingent or otherwise, arising out of or relating to (a) compliance or non-compliance with
any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threatened Release of any Hazardous
Materials or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permit” shall mean any Permit under Environmental Law. 

“Equity Contribution” shall have the meaning assigned to such term in Section 4.03(k). 

“Equity Interests” shall mean shares of capital stock, partnership interests, membership interests, beneficial interests
in a trust or other equity interests in any Person, or any obligations convertible into or exchangeable for, or giving any Person a right, option or warrant to acquire, such equity interests or such convertible or exchangeable obligations.

  

 18 

 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as
amended from time to time. 
 “ERISA Affiliate” shall mean any trade or business (whether or not incorporated)
that, together with the US Borrower, is treated as a single employer under Section 414(b) or (c) of the Tax Code, or solely for purposes of Section 302 of ERISA and Section 412 of the Tax Code, is treated as a single employer
under Section 414 of the Tax Code. 
 “ERISA Event” shall mean (a) the occurrence of any
“reportable event”, as defined in Section 4043 of ERISA or the regulations issued thereunder, with respect to a Benefit Plan (other than an event for which the 30-day notice period is waived); (b) the existence with respect to
any Benefit Plan of an “accumulated funding deficiency” (as defined in Section 412 of the Tax Code or Section 302 of ERISA), whether or not waived; (c) the filing pursuant to Section 412(d) of the Tax Code or
Section 303(d) of ERISA of an application for a waiver of the minimum funding standard with respect to any Benefit Plan; (d) the incurrence by the US Borrower or any of its ERISA Affiliates of any material liability under Title IV of ERISA
with respect to the termination of any Benefit Plan or the withdrawal or partial withdrawal of the US Borrower or any of its ERISA Affiliates from any Benefit Plan or Multiemployer Plan; (e) the receipt by the US Borrower or any of its ERISA
Affiliates from the PBGC or a plan administrator of any notice relating to the intention to terminate any Benefit Plan or Plans or to appoint a trustee to administer any Benefit Plan; (f) the adoption of any amendment to a Benefit Plan that
would require the provision of security pursuant to Section 401(a)(29) of the Tax Code or Section 307 of ERISA; (g) the receipt by the US Borrower or any of its ERISA Affiliates of any notice, or the receipt by any Multiemployer Plan
from the US Borrower or any of its ERISA Affiliates of any notice, concerning the imposition of any material Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the
meaning of Title IV of ERISA; (h) the occurrence of a “prohibited transaction” with respect to which Holdings, the Borrower or any of the Restricted Subsidiaries is a “disqualified person” (within the meaning of
Section 4975 of the Tax Code) or with respect to which Holdings, the US Borrower or any such Restricted Subsidiary could otherwise be liable and is likely to result in material liability for Holdings and the Restricted Subsidiaries; or
(i) any other event or condition with respect to a Benefit Plan or Multiemployer Plan that could result in material liability of Holdings, the US Borrower or any Restricted Subsidiary. 

“Eurodollar”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such
Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate. 
 “Event of
Default” shall have the meaning assigned to such term in Section 7.01. 
 “Excess Cash Flow”
shall mean, for any fiscal year of Holdings, the excess of (a) the sum, without duplication, of (i) Consolidated EBITDA for such fiscal year less all amounts added back to Consolidated EBITDA pursuant to clause (1)(i) of the
definition thereof, and (ii) the decrease, if any, in Current Assets minus Current Liabilities from the beginning to the end of such fiscal year over (b) the sum, without duplication, of 

 

 19 

 (i) the amount of any Taxes paid or payable in cash by Holdings, the Borrower and the
Restricted Subsidiaries with respect to such fiscal year, 
 (ii) total interest expense for such period and, to the extent not
reflected in such total interest expense, any losses with respect to obligations under any Hedging Agreement or other derivative instruments entered into for the purpose of hedging interest rate risk, net of interest income and gains with respect to
such obligations, plus bank fees in connection with financing activities, to the extent paid or payable in cash, 
 (iii)
Capital Expenditures made in cash during such fiscal year and Permitted Acquisitions made in cash in accordance with Sections 6.04 and 6.05 during such fiscal year, in each case except to the extent financed with the proceeds of Indebtedness (other
than Revolving Loans and loans under any other revolving credit line or similar facility), 
 (iv) permanent repayments of
Indebtedness (other than repayments of Loans under Section 2.12 or 2.13(d) hereunder) made by Holdings and the Restricted Subsidiaries during such fiscal year, but only to the extent that such repayments by their terms cannot be reborrowed or
redrawn and do not occur in connection with a refinancing of all or any portion of such Indebtedness, 
 (v) Restricted Payments
made by the Loan Parties and their Restricted Subsidiaries to the extent that such Restricted Payments are permitted to be made under Sections 6.06(a)(vi) and 6.06(a)(vii), 

(vi) proceeds received by the Loan Parties and their Restricted Subsidiaries from insurance claims with respect to casualty events or
business interruption which reimburse prior business expenses to the extent such expenses were included in Consolidated Net Income or added to Consolidated Net Income in determining Consolidated EBITDA, 

(vii) all extraordinary cash charges and all non-recurring cash charges, in each case to the extent included in determining Consolidated
EBITDA, 
 (viii) any expenses or charges related to any equity offering, permitted Investment, Permitted Acquisition or
Disposition (in each case of any Equity Interests or businesses or undertakings), recapitalization or Indebtedness permitted to be incurred hereunder (in each case whether or not consummated) or to the Transactions, including any amendment or
modification of the Senior Notes and the Original Credit Agreement and this Agreement, 
 (ix) cash indemnity payments received
pursuant to indemnification provisions in any agreement in connection with the Acquisition or any Permitted Acquisition to the extent such payments were included in Consolidated Net Income or added to Consolidated Net Income in determining
Consolidated EBITDA, 
 (x) cash expenses incurred in connection with deferred compensation arrangements in connection with the
Transactions, 
  

 20 

 (xi) management, monitoring, consulting and advisory fees (including Sponsor Termination
Fees) and related expenses and other fees and expenses (or any accruals relating to such fees and related expenses) permitted to be paid under Section 6.07(d), 

(xii) any charges, losses or expenses related to signing, retention or completion bonuses in respect of senior management or recruiting
costs in respect of senior management, 
 (xiii) cash expenditures made in respect of Hedging Agreements during such fiscal year
to the extent not reflected in the computation of Consolidated EBITDA or clause (b)(ii) above, 
 (xiv) cash from operations
(for the avoidance of doubt, not including proceeds of any equity issuance or Indebtedness) used to consummate an Investment under Section 6.04(r) other than an Investment in cash or Permitted Investments, 

(xv) any net loss from disposed or discontinued operations to the extent such payments were added to Consolidated Net Income in
determining Consolidated EBITDA, and 
 (xvi) the increase, if any, in Current Assets minus Current Liabilities from the
beginning to the end of such fiscal year. 
 “Excluded Conditions” shall have the meaning assigned to such term
in Section 6.15(b). 
 “Excluded Foreign Subsidiary” shall mean, at any time, any direct or indirect
Foreign Subsidiary of any US Subsidiary and any Subsidiary of any such Foreign Subsidiary. Notwithstanding anything to the contrary in this Agreement or the other Loan Documents, the Borrower, Target and any direct or indirect parent company of the
Borrower or Target that is a Subsidiary shall not be permitted to be an Excluded Foreign Subsidiary. 
 “Excluded
Information” shall have the meaning assigned to such term in Section 2.12(d)(i). 
 “Excluded
Subsidiary” shall mean (a) any Subsidiary that is not a wholly owned Subsidiary (unless the Borrower so elects to treat such Subsidiary as if it was not an Excluded Subsidiary as notified to the Administrative Agent in writing),
(b) any Subsidiary that is prohibited by any Requirement of Law from guaranteeing the Obligations (for so long as such prohibition subsists), (c) the US Co-Issuer and any Subsidiary that is not a Material Subsidiary (unless the Borrower so
elects to treat such Subsidiary (including the US Co-Issuer) as if it was not an Excluded Subsidiary as notified to the Administrative Agent in writing), (d) any Unrestricted Subsidiary, (e) any Excluded Foreign Subsidiary (unless the
Borrower so elects to treat such Subsidiary as if it was not an Excluded Subsidiary as notified to the Administrative Agent in writing) and (f) any Receivables Subsidiary. Notwithstanding anything to the contrary in this Agreement or the other
Loan Documents, the Borrower, Target and any direct or indirect parent company of the Borrower or Target that is a Subsidiary shall not be permitted to be an Excluded Subsidiary. 

 

 21 

 “Excluded Taxes” shall mean, with respect to any Lender, Issuing Bank, or
Administrative Agent, (a) any Taxes imposed by a jurisdiction as a result of any connection between a Lender, Issuing Bank, or Administrative Agent, and such jurisdiction other than any connection arising from executing, delivering, being a
party to, engaging in any transactions pursuant to, performing its obligations under, or enforcing any Loan Document; (b) any branch profits Taxes imposed by the United States or any similar Tax imposed by any other jurisdiction referred to in
clause (a) above; (c) in the case of a Foreign Lender (other than an assignee pursuant to a request by the Borrower under Section 2.21(a)), any United States Tax that is imposed on amounts payable to such Foreign Lender at the time
such Foreign Lender becomes a party to this Agreement (or designates a new lending office, immediately following an assignment by a Lender or immediately following the delivery of the executed US Borrower Novation and Assumption Agreement to the
Administrative Agent) or is attributable to such Foreign Lender’s failure to comply with Section 2.20(e)(ii), except to the extent that such Foreign Lender (or its assignor, if any) was entitled, at the time of designation of a new lending
office (or assignment), to receive additional amounts from the Borrower with respect to such withholding tax pursuant to Section 2.20(a); (d) any United States Tax imposed on amounts payable to any Lender, Issuing Bank, or Administrative
Agent that is a United States person, as defined in Section 7701(a)(30) of the Tax Code, that is attributable to such United States person’s failure to comply with Section 2.20(e)(i); and (e) any Irish Tax arising with respect to
a Lender, Issuing Bank or Administrative Agent who has failed to provide a Tax Confirmation in accordance with Section 2.20(f). 

“Executive Order” shall have the meaning assigned to such term in Section 3.26(a). 

“Existing Credit Agreement” shall mean the Credit Agreement, dated as of May 14, 2007 (as amended on July 7,
2008, as further amended, supplemented or otherwise modified), among Target, Target (USA), the lenders party thereto and Credit Suisse, as administrative agent and collateral agent. 

“Expenses Reimbursement Agreement” shall mean the Expenses Reimbursement Agreement dated as of February 11, 2010
between BidCo and Target. 
 “Extended Revolving Credit Commitment” shall have the meaning assigned to such
term in Section 2.25(a). 
 “Extending Revolving Credit Lender” shall have the meaning assigned to such
term in Section 2.25(a). 
 “Extension” shall have the meaning assigned to such term in
Section 2.25(a). 
 “Extension Offer” shall have the meaning assigned to such term in
Section 2.25(a). 
 “Facility” shall mean each of the (a) Term Loan Facility and (b) Revolving
Credit Facility. 
 “Fair Market Value” shall mean, with respect to any asset or liability, the fair market
value of such asset or liability as determined in good faith by a Responsible Officer of the Borrower. 
  

 22 

 “Federal Funds Effective Rate” shall mean, for any day, the weighted
average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by
the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for the day for such transactions received by the
Administrative Agent from three Federal funds brokers of recognized standing selected by it. 
 “Fee Letter”
shall mean the Fee Letter dated as of February 11, 2010 (as amended and restated on April 20, 2010), among Luxco Holdings, the Initial Borrower, Morgan Stanley Senior Funding, Inc., Barclays Bank PLC and Deutsche Bank Securities Inc.

 “Fees” shall mean the Commitment Fees, the Administrative Agent Fees, the L/C Participation Fees and the
Issuing Bank Fees. 
 “Filed Court Order” shall have the meaning assigned to such term in Section 4.03(b).

 “Final Debt Assumption” shall have the meaning set forth in the preliminary statements to this Agreement.

 “Financial Officer” of any Person shall mean the chief financial officer, principal accounting officer,
treasurer, vice treasurer or controller of such Person (or if there is no such Person acting in such capacity, an authorized manager or director). 

“First Amendment” shall mean the First Amendment to the Original Credit Agreement dated as of March 31, 2010 among
Holdings, the Borrower, the Lenders, the Administrative Agent and the Collateral Agent. 
 “First Amendment Effective
Date” shall mean March 31, 2010, which was the effective date of the First Amendment. 
 “Foreign
Lender” shall mean any Lender, Issuing Bank, or Administrative Agent that is not a United States person (as defined in Section 7701(a)(30) of the Tax Code). 

“Foreign Subsidiary” shall mean any Subsidiary that is not a US Subsidiary. 

“Further Circular” shall mean such documents, circulars, notices or announcements as may be required to be dispatched to
the shareholders of the Target in order to amend, vary, supplement or replace the Scheme in the manner contemplated by the Further Press Release. 

“Further Press Release” shall mean a further press release in the form of Exhibit A to the First Amendment as may be
issued in accordance with Rule 2.5 of Part B of the Takeover Code or such other form as may be approved from time to time by the Administrative Agent, such approval not to be unreasonably withheld or delayed. 

“GAAP” shall mean generally accepted accounting principles in the United States of America. 

 

 23 

 “Governmental Authority” shall mean the government of the United States of
America, the Republic of Ireland or any other nation, any political subdivision thereof, whether state, provincial or local, the European Union and any agency, tax, revenue or fiscal authority (including the Irish Revenue Commissioners),
instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as
the European Union or European Central Bank) and/or competent to impose, administer or collect any Taxes or make any decision or ruling on any matter relating to Taxes. 

“Granting Lender” shall have the meaning assigned to such term in Section 9.04(i). 

“Guarantee” of or by any Person (the “guarantor”) shall mean any obligation, contingent or otherwise, of
(a) the guarantor or (b) another Person (including any bank under a letter of credit) to induce the creation of which the guarantor has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing or having
the economic effect of guaranteeing any Indebtedness or other obligation of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation, contingent or otherwise, of the guarantor,
direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to advance or supply funds for the purchase of) any security for the payment of such
Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment of such Indebtedness or other obligation, (iii) to
maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, (iv) as an account party in respect of any
letter of credit or letter of guaranty issued to support such Indebtedness or obligation or (v) to otherwise assure or hold harmless the owner of such Indebtedness or other obligation against loss in respect thereof; provided, however, that the
term “Guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. 

“Guarantee and Collateral Agreement” shall mean the Guarantee and Collateral Agreement in the form of Exhibit E, to be
executed and delivered by the Borrower, Holdings and the other Guarantors from time to time party thereto. 

“Guarantors” shall mean Holdings and the Subsidiary Guarantors. 

“Hazardous Materials” shall mean any petroleum (including crude oil or fraction thereof) or petroleum products or
byproducts, or any pollutant, contaminant, chemical, compound, constituent, or hazardous, toxic or other substances, materials or wastes defined, or regulated as such by, or pursuant to, any Environmental Law, or requiring removal, remediation or
reporting under any Environmental Law, including asbestos, or asbestos containing material, radon or other radioactive material, polychlorinated biphenyls and urea formaldehyde insulation. 

“Hedging Agreement” shall mean any agreement with respect to any swap, forward, future or derivative transaction or
option or similar agreement involving, or settled by reference to, one or more rates, currencies, fuel or other commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or
pricing 
  

 24 

 
risk or value, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap
transactions, currency options, spot contracts or any similar transaction or any combination of these transactions; provided, however, that no phantom stock or similar plan providing for payments and on account of services provided by current or
former directors, officers, employees or consultants of Holdings, the Borrower or any Restricted Subsidiary shall be a Hedging Agreement. 

“Hedging Obligations” shall mean, as with respect to any Person, the obligations of such Person under any Hedging
Agreement. 
 “Holdings” shall mean, (a) prior to the satisfaction and discharge of all obligations of
Luxco Holdings under the Bridge Credit Agreement on the Initial Funding Date (other than unasserted contingent obligations that survive the termination of the Bridge Credit Agreement), Luxco Holdings and (b) following such satisfaction and
discharge and the execution and delivery of this Agreement, SSI Investments I. 
 “Immediate Family Member”
shall mean with respect to any individual, such individual’s child, stepchild, grandchild or more remote descendant, parent, stepparent, grandparent, spouse, former spouse, qualified domestic partner, sibling, mother-in-law, father-in-law,
son-in-law and daughter-in-law (including adoptive relationships) and any trust, partnership or other bona fide estate-planning vehicle the only beneficiaries of which are any of the foregoing individuals or any private foundation or fund that is
controlled by any of the foregoing individuals or any donor-advised fund of which any such individual is the donor. 

“Incremental Term Borrowing” shall mean a Borrowing comprised of Incremental Term Loans. 

“Incremental Term Lender” shall mean a Lender with an Incremental Term Loan Commitment or an outstanding Incremental
Term Loan. 
 “Incremental Term Loan Assumption Agreement” shall mean an Incremental Term Loan Assumption
Agreement among, and in form and substance reasonably satisfactory to, the Borrower, the Administrative Agent and one or more Incremental Term Lenders. 

“Incremental Term Loan Commitment” shall mean the commitment of any Lender, established pursuant to Section 2.24,
to make Incremental Term Loans to the Borrower. 
 “Incremental Term Loan Maturity Date” shall mean the final
maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement. 

“Incremental Term Loan Repayment Dates” shall mean the dates scheduled for the repayment of principal of any Incremental
Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement. 
 “Incremental Term
Loans” shall mean Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(b). Incremental Term Loans may be made in the form of additional Term Loans or, to the extent permitted by Section 2.24 and provided
for in the relevant Incremental Term Loan Assumption Agreement, Other Term Loans. 
  

 25 

 “Indebtedness” means, with respect to any Person, without duplication any
indebtedness (including principal and premium) of such Person, whether or not contingent: 
 (1) in respect of borrowed money;

 (2) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or,
without duplication, reimbursement agreements in respect thereof); 
 (3) representing the balance deferred and unpaid of the
purchase price of any property (including Capitalized Lease Obligations), except (i) any such balance that constitutes an obligation in respect of a commercial letter of credit, a trade payable or similar obligation to a trade creditor, in each
case accrued in the ordinary course of business and (ii) any earn-out obligations until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and is not paid after becoming due and payable; or

 (4) representing any Hedging Obligations; 

if and to the extent that any of the foregoing indebtedness (other than letters of credit and Hedging Obligations) would appear as a
liability upon a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP. In addition, the term “Indebtedness” includes all Indebtedness of others secured by a Lien on any asset of the specified
Person (whether or not such Indebtedness is assumed by the specified Person) and, to the extent not otherwise included, the Guarantee by the specified Person of any Indebtedness of any other Person. 

Notwithstanding any of the foregoing to the contrary, the term “Indebtedness” shall be deemed not to include
(a) Contingent Obligations incurred in the ordinary course of business, (b) commercial letters of credit or (c) obligations under or in respect of Receivables Facilities. 

“Indemnified Taxes” shall mean Taxes other than Excluded Taxes and Other Taxes. 

“Indemnitee” shall have the meaning assigned to such term in Section 9.05(b). 

“Independent Financial Advisor” shall mean an accounting, appraisal, investment banking firm or consultant of nationally
recognized standing that is, in the good faith judgment of the Borrower, qualified to perform the task for which it has been engaged and that is independent of the Borrower and its Affiliates. 

“Information” shall have the meaning assigned to such term in Section 9.16. 

“Initial Borrower” shall mean SSI Investments II Limited, an Irish private limited company. 

“Initial Funding Date” shall mean the date of the first Credit Event. 

 

 26 

 “Initial Lender” shall mean any Lender holding a Commitment on the First
Amendment Effective Date. 
 “Intellectual Property Collateral” shall have the meaning assigned to such term in
the Guarantee and Collateral Agreement. 
 “Intellectual Property Security Agreement” shall mean all
intellectual property security agreements to be executed and delivered by any Loan Parties. 
 “Interest Payment
Date” shall mean (a) with respect to any ABR Loan (including Swingline Loans), the last Business Day of each March, June, September and December and (b) with respect to any Eurodollar Loan, the last day of the Interest Period
applicable to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing with an Interest Period of more than three months’ duration, each day that would have been an Interest Payment Date had successive Interest
Periods of three months’ duration been applicable to such Borrowing. 
 “Interest Period” shall mean, with
respect to any Eurodollar Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is 1, 2, 3 or 6 months thereafter (or 9 or 12 months thereafter, if, at the time of
the relevant Borrowing, an interest period of such duration is available to all Lenders participating therein) (or such other duration as otherwise agreed to by the Administrative Agent with respect to Borrowings on the Initial Funding Date), as the
Borrower may elect; provided, however, that (a) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall
in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day and (b) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically
corresponding day in the last calendar month of such Interest Period) shall end on the last Business Day of the last calendar month of such Interest Period. Interest shall accrue from and including the first day of an Interest Period to but
excluding the last day of such Interest Period. For purposes hereof, the date of a Borrowing initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such
Borrowing. 
 “Intermediate Borrower Novation and Assumption Agreement” shall mean the novation and assumption
agreement executed by the Initial Borrower and Target, providing for the novation and assumption of the Loans and Commitments, along with all other rights and duties as a “Borrower” hereunder by the Initial Borrower to Target,
substantially in the form of Exhibit L or as otherwise mutually acceptable to the Borrower and the Administrative Agent. 

“Intermediate Debt Assumption” shall have the meaning assigned to such term in the preliminary statements to this
Agreement. 
 “Investments” shall have the meaning assigned to such term in Section 6.04. 

“Irish Debenture” shall mean the Irish law debenture to be entered into by SSI Investments I, the Initial Borrower and
BidCo on the Commitment Effective Date in favor of the Collateral Agent in form and substance reasonably satisfactory to Holdings and the Administrative Agent. 
  

 27 

 “Irish Guarantors” shall mean, collectively, Target, an Irish public
limited company, and each other Restricted Subsidiary (and its permitted successors and assigns) incorporated under the laws of the Republic of Ireland in respect of which the Borrower is obligated to procure that it becomes a Subsidiary Guarantor.

 “Irish Qualifying Lender” shall mean a Lender, Issuing Bank or Administrative Agent (or a successor,
assignee or participant of a Lender, Issuing Bank or Administrative Agent) which at the time payment is made is beneficially entitled to the interest payable to that Lender, Issuing Bank or Administrative Agent (or a successor, assignee or
participant of a Lender, Issuing Bank or Administrative Agent) under the Loan Documents and is: 
 (a) an entity which is,
pursuant to Section 9 of the Central Bank Act, 1971 (Ireland) licensed to carry on banking business in Ireland and whose Facility Office is located in Ireland and which is carrying on a bona fide banking business in Ireland for the purposes of
Section 246(3)(a) of the TCA in circumstances where the payments are made from Ireland; or 
 (b) an authorized credit
institution under the terms of the European Union Consolidation Directive (formerly the First European Union Banking Co-Ordination Directive and the Second European Union Banking Co-Ordination Directive) that has duly established a branch in Ireland
or has made all necessary notifications to its home state competent authorities required thereunder in relation to its intention to carry on banking business in Ireland and carries on a bona fide banking business in Ireland for the purposes of
Section 246(3)(a) of the TCA and has its facility office located in Ireland in circumstances where the payments are made from Ireland; or 

(c) a company (within the meaning of Section 4 of the TCA) which is resident for tax purposes in and under the laws of a country
with which Ireland has a double taxation treaty or is resident for tax purposes in and under the laws of a member state of the European Communities (other than Ireland) (together a “Relevant Territory”), provided that such company
does not provide its commitment through or in connection with a trade or business which is carried on in Ireland by that company through a branch or agency in Ireland and in respect of that interest:- 

(1) is liable to tax in that Relevant Territory or that Relevant Territory imposes a tax that generally applies to
interest receivable by companies from sources outside that territory; or 
 (2) will be exempted from the charge
to income tax by arrangements that do not have the force of law but which, on completion of the procedures set out in section 826(1) of the TCA, will have the force of law, or 

(3) is exempted from the charge to income tax by arrangements that have the force of law under the procedures set out in
section 826(1) of the TCA, or 
 (d) a qualifying company within the meaning of Section 110 of the TCA in circumstances
where the interest payments are paid in Ireland; or 
  

 28 

 (e) a company (within the meaning of Section 4 of the TCA) which advances money in the
ordinary course of a trade which includes the lending of money and in whose hands any interest payable in respect of monies so advanced is taken into account in computing the trading income of such company and which has made the appropriate
notifications under Section 246(5)(a) of the TCA to the Irish Revenue authorities and the relevant Irish Borrowers in circumstances where the payments are made from Ireland; or 

(f) a United States corporation that it is incorporated in the United States and is subject to United States federal income tax on its
worldwide income, provided that such United States corporation does not provide its commitment in connection with a trade or business which is carried on in Ireland by that corporation through a branch or agency In Ireland; or 

(g) a United States limited liability company, where the ultimate recipients (each being a company within the meaning of Section 4
of the TCA) of the interest payable to that limited liability company are resident for tax purposes in a Relevant Territory and the business conducted through the limited liability company is so structured for market reasons and not for tax
avoidance purposes, provided that such limited liability company and the ultimate recipients of the relevant interest do not provide their commitment in connection with a trade or business which is carried on in Ireland through a branch or agency in
Ireland and in respect of that interest the ultimate recipients: 
 (1) are liable to tax in that Relevant
Territory or that Relevant Territory impose a tax that generally applies to interest receivable by companies from sources outside that territory; or 

(2) will be exempted from the charge to income tax by arrangements that do not have the force of law but which, on
completion of the procedures set out in section 826(1) of the TCA, will have the force of law; or 
 (3) are
exempted from the charge to income tax by arrangements that have the force of law under the procedures set out in section 826(1) of the TCA, or 

(h) an Irish Treaty Lender where such Lender has applied for and the relevant Borrower has obtained authorization from the Revenue
Commissioners of Ireland to make payments without deduction of Irish tax, and where such authorization remains in force and effect. 

“Irish Security Documents” shall mean, collectively (i) the Irish Debenture, (ii) the Luxco Share Charge,
(iii) each guarantee made by any Irish Guarantor in favor of the Collateral Agent and each of the other Secured Parties in form and substance reasonably acceptable to the Administrative Agent, and (iv) each of the other guarantees,
security agreements, pledges, debentures, hypothecs, mortgages, consents and other instruments and documents executed and delivered by any Irish Guarantor or any other Irish subsidiary of Holdings, and security agreements granted over Equity
Interests of an Irish Guarantor, in connection with this Agreement or pursuant to Sections 5.09 or 5.10 or under this Agreement. 

“Irish Treaty Lender” shall mean, in relation to Initial Borrower and Target as Borrower, a Lender, Issuing Bank or
Administrative Agent which is entitled under a double taxation agreement made with Ireland, subject to the completion of any necessary procedural formalities, to receive all payments under the Loan Documents without a tax deduction. 

 

 29 

 “Issuing Bank” shall mean, as the context may require, (a) Morgan
Stanley Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and (b) any other Lender that may become an Issuing Bank pursuant to Section 2.23(i) or Section 2.23(k), with respect to Letters of Credit issued by
such Lender. The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters
of Credit issued by such Affiliate. 
 “Issuing Bank Fees” shall have the meaning assigned to such term in
Section 2.05(c). 
 “L/C Commitment” shall mean the commitment of the Issuing Bank to issue Letters of
Credit pursuant to Section 2.23. 
 “L/C Disbursement” shall mean a payment or disbursement made by the
Issuing Bank pursuant to a Letter of Credit. 
 “L/C Exposure” shall mean, at any time, the sum of (a) the
aggregate undrawn amount of all Letters of Credit at such time and (b) the aggregate amount of all L/C Disbursements that have not been reimbursed at such time. The L/C Exposure of any Revolving Credit Lender at any time shall equal its Pro
Rata Percentage of the aggregate L/C Exposure at such time. 
 “L/C Fee Payment Date” shall have the meaning
assigned to such term in Section 2.05(c). 
 “L/C Participation Fee” shall have the meaning assigned to
such term in Section 2.05(c). 
 “Lenders” shall mean (a) the Persons listed on Schedule 2.01 (other
than any such Person that has ceased to be a party hereto pursuant to an Assignment and Acceptance), (b) any Person that has become a party hereto pursuant to an Assignment and Acceptance and (c) any Person that has become a party hereto
pursuant to an Incremental Term Loan Assumption Agreement or an Additional Revolving Credit Commitment Assumption Agreement. Unless the context otherwise requires, the term “Lenders” shall include the Swingline Lender. 

“Letter of Credit” shall mean any standby letter of credit issued pursuant to Section 2.23. 

“Leverage Ratio” shall mean, with respect to any Test Period, the ratio of (a) Total Debt as of the last day of
such Test Period to (b) Consolidated EBITDA for such Test Period. 
 “LIBO Rate” shall mean, with respect
to any Eurodollar Borrowing for any Interest Period, the rate per annum determined by the Administrative Agent to be the offered rate which appears on the page of the Reuters Screen which displays an average British Bankers Association Interest
Settlement Rate (such page currently being LIBOR01 page) for deposits (for delivery on the first day of such period), determined as of approximately 11:00 a.m. (London time), on the date that is two Business Days prior to the commencement of such
Interest Period for a period 
  

 30 

 
equal to such Interest Period in dollars; provided that, to the extent that an interest rate is not ascertainable pursuant to the foregoing provisions of this definition, the “LIBO
Rate” shall be the interest rate per annum determined by the Administrative Agent to be the average of the rates per annum at which deposits in dollars are offered for such relevant Interest Period to major banks in the London interbank market
in London, England by the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two Business Days prior to the beginning of such Interest Period. 

“Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien (statutory or otherwise),
pledge, hypothecation, encumbrance, collateral assignment, charge or security interest in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any
financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities, any purchase option, call or similar right of a third party (other than any Loan Party) with
respect to such securities; provided, that in no event shall Liens be deemed to include an operating lease or customary rights of first refusal and tag, drag and similar rights in joint venture agreements. 

“Loan Documents” shall mean this Agreement, the Letters of Credit, the Security Documents, the Reaffirmation Agreement,
each Incremental Term Loan Assumption Agreement, each Additional Revolving Credit Commitment Assumption Agreement, the Intermediate Borrower Novation and Assumption Agreement, US Borrower Novation and Assumption Agreement and the promissory notes,
if any, executed and delivered pursuant to Section 2.04(e). 
 “Loan Parties” shall mean Holdings, the
Borrower and the Subsidiary Guarantors. 
 “Loans” shall mean the Revolving Loans, the Term Loans and the
Swingline Loans. 
 “Luxco Holdings” shall mean SSILuxCo II S.à r.l. 

“Luxco Share Charge” shall mean the Irish law charge to be entered into by SSILuxCo II S.à r.l. on the Commitment
Effective Date in favor of the Collateral Agent in form and substance reasonably satisfactory to Holdings and the Administrative Agent. 

“Majority Facility Lenders” shall mean, with respect to any Facility, the holders of a majority of the aggregate unpaid
principal amount of the Term Loans or the Aggregate Revolving Credit Exposure, as the case may be, outstanding under such Facility (or, in the case of the Revolving Credit Facility, prior to the termination of the Revolving Credit Commitments, the
holders of a majority of the Total Revolving Credit Commitment). 
 “Mandatory Borrowing” shall have the
meaning assigned to such term in Section 2.22(f). 
 “Margin Stock” shall have the meaning assigned to
such term in Regulation U. 
 “Material Adverse Effect” shall mean a material adverse condition or material
adverse change in or material adverse affect on (a) the business, assets, liabilities, operations or financial condition of Holdings and its subsidiaries, taken as a whole, (b) the ability of the Borrower or the

  

 31 

 
Loan Parties (taken as a whole) to perform any of their obligations under any Loan Document to which the Borrower or any of the Loan Parties is a party, or (c) the validity or enforceability
of any of the Loan Documents or the rights and remedies of the Administrative Agent, the Collateral Agent or the Secured Parties thereunder. 

“Material Acquisition” shall mean any Permitted Acquisition the aggregate consideration for which is in excess of
$100,000,000. 
 “Material Indebtedness” shall mean Indebtedness (other than the Loans and Letters of Credit),
or obligations in respect of one or more Hedging Agreements, of any one or more of Holdings, the Borrower and the Restricted Subsidiaries in a principal amount exceeding $10,000,000. For purposes of determining Material Indebtedness, the
“principal amount” of the obligations of Holdings, the Borrower or any Restricted Subsidiary in respect of any Hedging Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that Holdings,
such Borrower or such Restricted Subsidiary would be required to pay if such Hedging Agreement were terminated at such time. 

“Material Subsidiary” shall mean, with respect to any Restricted Subsidiary to the extent that any such Restricted
Subsidiary (a) individually either (i) contributed 3% or more of Consolidated Net Income for the period of four fiscal quarters most recently ended on or prior to the date of determination and/or (ii) has assets (excluding
intercompany balances) representing 3% or more of total assets (excluding intercompany balances) for Holdings and its Restricted Subsidiaries on a consolidated basis on the last day of the most recent fiscal quarter ended on or prior to the date of
determination, or (b) in the aggregate with other Restricted Subsidiaries, either (i) contributed 5% or more of Consolidated Net Income for the period of four fiscal quarters most recently ended on or prior to the date of determination
and/or (ii) has assets (excluding intercompany balances) representing 5% or more of total assets (excluding intercompany balances) for Holdings and its Restricted Subsidiaries on a consolidated basis on the last day of the most recent fiscal
quarter ended on or prior to the date of determination. 
 “Maximum Rate” shall have the meaning assigned to
such term in Section 9.09. 
 “Minimum Extension Condition” shall have the meaning assigned to such term
in Section 2.25(b). 
 “Moody’s” shall mean Moody’s Investors Service, Inc. and any successor
thereto. 
 “Mortgaged Properties” shall mean each parcel of real property by a Loan Party, and the
improvements thereto owned by a Loan Party with respect to which a Mortgage is granted pursuant to Section 5.09 or Section 5.10. 

“Mortgages” shall mean the mortgages or deeds of trust, assignments of leases and rents and other security documents
granting a Lien on any Mortgaged Property to secure the Obligations as are reasonably satisfactory to the Collateral Agent, as the same may be amended, supplemented, replaced or otherwise modified from time to time in accordance with this Agreement.

  

 32 

 “Multiemployer Plan” shall mean a multiemployer plan as defined in
Section 4001(a)(3) of ERISA. 
 “Net Cash Proceeds” shall mean (a) with respect to any Disposition or
Recovery Event, the proceeds thereof in the form of cash and Permitted Investments (including any such proceeds subsequently received (as and when received) in respect of noncash consideration initially received), net of (i) selling expenses
(including reasonable broker’s fees or commissions, legal fees, transfer and similar taxes incurred by Holdings and the Restricted Subsidiaries in connection therewith and the Borrower’s good faith estimate of income taxes paid or payable
in connection with such sale, without regard to any available tax credits, deductions and any tax sharing arrangements), (ii) amounts provided as a reserve, in accordance with GAAP, against any liabilities under any indemnification obligations
or purchase price adjustment associated with such Disposition (provided that, to the extent and at the time any such amounts are released from such reserve, such amounts shall constitute Net Cash Proceeds) and (iii) the principal amount,
premium or penalty, if any, interest and other amounts on any Indebtedness for borrowed money which is secured by the asset sold in such Disposition and which is required to be repaid with such proceeds (other than any such Indebtedness assumed by
the purchaser of such asset); (b) with respect to any issuance or disposition of Indebtedness or any sale or issuance of Equity Interests by Holdings or any of the Restricted Subsidiaries, the cash proceeds thereof, net of all taxes and
reasonable and customary fees, commissions, costs and other expenses incurred by Holdings and the Restricted Subsidiaries in connection therewith; and (c) with respect to any sale or issuance of Equity Interests by any direct or indirect parent
of the Borrower, the amount of cash from such sale or issuance contributed to the capital of the Borrower. 
 “Net
Income” means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends. 

“Non-Bank Certificate” shall have the meaning assigned to such term in Section 2.20(e)(ii)(c). 

“Non-US Subsidiary” shall mean any Subsidiary that is not a US Subsidiary. 

“Notice of Intent to Cure” shall have the meaning assigned to such term in Section 5.04(d). 

“Obligations” shall mean all obligations defined as “Obligations” in the Guarantee and Collateral Agreement
and the other Security Documents. 
 “Original Credit Agreement” shall have the meaning assigned to such term
in the preamble. 
 “Other Financing” shall have the meaning assigned to such term in Section 6.09(a).

 “Other Taxes” shall mean, in respect of any jurisdiction, any and all present or future stamp or documentary
duties or taxes or any other excise, value added taxes or property taxes, charges or similar levies (including interest, fines, penalties and additions to tax) arising from any payment made under any Loan Document or from the execution, delivery or
enforcement of, or otherwise with respect to, any Loan Document, except for any Excluded Taxes. 
  

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 “Other Term Loans” shall have the meaning assigned to such term in
Section 2.24(a). 
 “Paying Agent” shall have the meaning assigned to such term in Article VIII.

 “PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any
successor entity performing similar functions. 
 “Pension Benefits” shall have the meaning assigned to such
term in Section 3.16(b). 
 “Perfection Certificate” shall mean the Perfection Certificate substantially
in the form of Exhibit F or any other form approved by the Collateral Agent. 
 “Perfection Requirements” shall
mean the making or the procuring of the appropriate registrations, filings, endorsements, notarizations, stampings and/or notifications of the Security Documents and/or the Liens purported to be created thereunder. 

“Permits” shall mean any and all franchises, licenses, leases, permits, approvals, notifications, certifications,
registrations, authorizations, exemptions, qualifications, easements, rights of way, Liens and other rights, privileges and approvals required under any Requirement of Law. 

“Permitted Acquisition” shall mean the acquisition by any Loan Party of all or substantially all the assets of a Person
or line of business of such Person, or all of the Equity Interests of a Person (referred to herein as the “Acquired Entity”); provided that (a) the Acquired Entity shall be in a similar or complementary and related line of
business (or reasonably related extensions thereof) as that of the Loan Parties as conducted during the current and most recently concluded calendar year; (b) at the time of such transaction both immediately before and after giving effect
thereto, no Event of Default or Default shall have occurred and be continuing; (c) Holdings and the Restricted Subsidiaries shall not incur or assume any Indebtedness in connection with such acquisition, except as permitted by
Section 6.01; (d) the Loan Parties shall comply, and shall cause the Acquired Entity to comply, with the applicable provisions of Sections 5.09 and 5.10 and the Security Documents, unless such Acquired Entity would otherwise be an Excluded
Subsidiary pursuant to clauses (a), (b), (c) or (e) of the definition of Excluded Subsidiary (it being understood and agreed that the applicable Loan Parties shall comply with the provisions of Section 5.09(e) even if such Acquired
Entity is an Excluded Foreign Subsidiary). 
 “Permitted Investments” shall mean: 

(a) direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United States of
America (or by any agency thereof to the extent such obligations are backed by the full faith and credit of the United States of America), in each case maturing within one year from the date of acquisition thereof; 

 

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 (b) investments in commercial paper maturing within 270 days from the date of issuance
thereof and having, at such date of acquisition, the highest credit rating obtainable from S&P or from Moody’s; 
 (c)
investments in certificates of deposit, banker’s acceptances and time deposits maturing within 180 days from the date of acquisition thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by, the
Administrative Agent or any domestic office of any commercial bank organized under the laws of the United States of America or any State thereof that has a combined capital and surplus and undivided profits of not less than $500,000,000 and that
issues (or the parent of which issues) commercial paper rated at least “Prime-1” (or the then equivalent grade) by Moody’s or “A-1” (or the then equivalent grade) by S&P; 

(d) fully collateralized repurchase agreements with a term of not more than 30 days for securities described in clause (a) above and
entered into with a financial institution satisfying the criteria of clause (c) above; 
 (e) investments in “money
market funds” within the meaning of Rule 2a-7 of the Investment Company Act of 1940, as amended, substantially all of whose assets are invested in investments of the type described in clauses (a) through (d) above; and 

(f) other short-term investments utilized by Foreign Subsidiaries in accordance with normal investment practices for cash management in
investments of a type analogous to the foregoing. 
 “Permitted Refinancing Indebtedness” shall mean
Indebtedness issued or incurred (including by means of the extension or renewal of existing Indebtedness) to refinance, refund, extend, renew or replace existing Indebtedness or Indebtedness assumed in connection with a Permitted Acquisition as
permitted by Section 6.01 (“Refinanced Indebtedness”); provided that (a) the principal amount (or accreted value, if applicable) of such refinancing, refunding, extending, renewing or replacing Indebtedness is not greater
than the principal amount (or accreted value, if applicable) of such Refinanced Indebtedness plus the amount of any premiums or penalties and accrued and unpaid interest paid thereon and reasonable fees and expenses, in each case associated with
such refinancing, refunding, extension, renewal or replacement, (b) such refinancing, refunding, extending, renewing or replacing Indebtedness has a final maturity that is no sooner than, and a weighted average life to maturity that is no
shorter than, such Refinanced Indebtedness, (c) if such Refinanced Indebtedness or any Guarantees thereof are subordinated to the Obligations, such refinancing, refunding, extending, renewing or replacing Indebtedness and any Guarantees thereof
remain so subordinated on terms no less favorable to the Lenders in any material respect, (d) the obligors in respect of such Refinanced Indebtedness immediately prior to such refinancing, refunding, extending, renewing or replacing are the
only obligors on such refinancing, refunding extending, renewing or replacing Indebtedness and (e) such refinancing, refunding, extending, renewing or replacing Indebtedness contains covenants and events of default and is benefited by
Guarantees, if any, which, taken as a whole, are determined in good faith by a Financial Officer of the Borrower to be no less favorable to Holdings, the Borrower or the applicable Restricted Subsidiary and the Lenders in any material respect than
the covenants and events of default or Guarantees, if any, in respect of such 
  

 35 

 
Refinanced Indebtedness; provided that a certificate of a Financial Officer delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness,
together with a reasonably detailed description of the material terms and conditions of such Indebtedness or substantially final drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and
conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower within such five Business Day period that it disagrees
with such determination (including a reasonable description of the basis upon which it disagrees). 
 “Person”
shall mean any natural person, corporation, trust, business trust, joint venture, joint stock company, association, company, limited liability company, partnership, Governmental Authority or other entity. 

“Platform” shall have the meaning assigned to such term in Section 9.01(a). 

“Pledged Collateral” shall have the meaning assigned to such term in the Guarantee and Collateral Agreement and in any
other Security Documents. 
 “Preferred Stock” means any Equity Interest with preferential rights of payment of
dividends or upon liquidation, dissolution, or winding up. 
 “Press Release” shall mean a press release in the
form of Exhibit K as required by Rule 2.5 of Part B of the Takeover Code, or such other form as may be approved from time to time by the Administrative Agent, such approval not to be unreasonably withheld or delayed. 

“Prime Rate” shall mean the rate of interest per annum published from time to time by The Wall Street Journal as the
“prime rate” for the United States; each change in the Prime Rate shall be effective as of the opening of business on the date such change is announced as being effective (provided that if the Wall Street Journal is not published on a date
for which the Prime Rate must be determined, reference shall be made to the prime rate published in the Wall Street Journal on the nearest-preceding date on which the Wall Street Journal was published). The Prime Rate is a reference rate and does
not necessarily represent the lowest or best rate actually available. 
 “Pro Rata Percentage” of any Revolving
Credit Lender, at any time, shall mean the percentage of the Total Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the
Pro Rata Percentages of any Revolving Credit Lender shall be determined on the basis of the Revolving Credit Commitments most recently in effect prior thereto. 

“Public Lender” shall have the meaning assigned to such term in Section 9.01(a). 

“Push Down Tax” shall have the meaning assigned to such term in Section 2.20(h)(i). 

“Qualified Equity Interests” shall mean any Equity Interests that are not Disqualified Equity Interests. 

 

 36 

 “Qualified Public Offering” shall mean the issuance by Target or any direct
or indirect parent of Target of its common Equity Interests in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with
the Securities Exchange Commission in accordance with the Securities Act that results in at least $150,000,000 of gross proceeds to Target (whether alone or in connection with a secondary public offering). 

“Qualifying Term Loans” shall have the meaning assigned to such term in Section 2.12(d)(ii). 

“Rate” shall have the meaning set forth in the definition of “Type.” 

“Reaffirmation Agreement” shall mean that certain agreement dated as of the Amendment and Restatement Effective Date,
executed and delivered by a duly authorized officer of each of Holdings, the Initial Borrower and BidCo reaffirming each party’s obligations under the Loan Documents. 

“Real Property” shall mean all Mortgaged Property and all other real property owned or leased from time to time by
Holdings, the Borrower and the Subsidiaries or in which they have an interest. 
 “Receivables Facility” means
any of one or more receivables financing facilities as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, the obligations of which are non-recourse (except for customary representations, warranties, covenants
and indemnities made in connection with such facilities) to Holdings or any of its Restricted Subsidiaries (other than a Receivables Subsidiary) pursuant to which Holdings or any of its Restricted Subsidiaries sells its accounts receivable to either
(a) a Person that is not a Restricted Subsidiary or (b) a Receivables Subsidiary that in turn sells its accounts receivable to a Person that is not a Restricted Subsidiary. 

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

“Receivables Subsidiary” means any Subsidiary formed for the purpose of, and that solely engages only in one or more
Receivables Facilities and other activities reasonably related thereto. 
 “Recovery Event” shall mean any
settlement of or payment in respect of any property or casualty insurance claim or any taking under power of eminent domain or by condemnation or similar proceeding of or relating to any property or asset of Holdings, the Borrower or any Subsidiary
Guarantor. 
 “Reference Date” shall have the meaning set forth in the definition of “Available Basket
Amount.” 
  

 37 

 “Refinanced Indebtedness” shall have the meaning set forth in the
definition of “Permitted Refinancing Indebtedness.” 
 “Refinanced Term Loans” shall have the meaning
assigned to such term in Section 9.08(e). 
 “Register” shall have the meaning assigned to such term in
Section 9.04(d). 
 “Regulation D” shall mean Regulation D of the Board as from time to time in effect and
all official rulings and interpretations thereunder or thereof. 
 “Regulation T” shall mean Regulation T of
the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof. 

“Regulation U” shall mean Regulation U of the Board as from time to time in effect and all official rulings and
interpretations thereunder or thereof. 
 “Regulation X” shall mean Regulation X of the Board as from time to
time in effect and all official rulings and interpretations thereunder or thereof. 
 “Related Fund” shall
mean, with respect to any Lender that is a fund that invests in bank loans, any other fund that invests in bank loans and is advised or managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor. 

“Related Parties” shall mean, with respect to any specified Person, such Person’s Affiliates and the respective
directors, officers, employees, agents and advisors of such Person and such Person’s Affiliates. 

“Release” shall mean any release, spill, seepage, emission, leaking, pumping, injection, pouring, emptying, deposit,
disposal, discharge, dispersal, dumping, escaping, leaching, or migration into, onto or through the environment or within or upon any building, structure, facility or fixture. 

“Relevant Territory” shall have the meaning set forth in the definition of “Irish Qualifying Lender.”

 “Repayment Date” shall have the meaning assigned to such term in Section 2.11(a)(i). 

“Replacement Term Loans” shall have the meaning assigned to such term in Section 9.08(e). 

“Required Lenders” shall mean, at any time, Lenders having Loans (excluding Swingline Loans), L/C Exposure, Swingline
Exposure and unused Revolving Credit Commitments and Term Loan Commitments representing at least a majority of the sum of all Loans outstanding (excluding Swingline Loans), L/C Exposure, Swingline Exposure and unused Revolving Credit Commitments and
Term Loan Commitments at such time. 
  

 38 

 “Required Prepayment Percentage” shall mean (a) in the case of any
Disposition or Recovery Event, 100%; (b) in the case of any issuance or other incurrence of Indebtedness, 100%; and (c) in the case of any Excess Cash Flow, 50%; provided, that if, as of the last day of the most recently ended
fiscal year, the Leverage Ratio (calculated after giving pro forma effect to any mandatory prepayment otherwise required under Section 2.13(d) assuming a Required Prepayment Percentage of 50%) is 3.50:1.00 or less but greater than 2.50:1.00,
then the Required Prepayment Percentage shall be deemed to be 25%; provided, further, that if, as of the last day of the most recently ended fiscal year, the Leverage Ratio (calculated after giving pro forma effect to any mandatory
prepayment otherwise required under Section 2.13(d) assuming a Required Prepayment Percentage of 25%) is 2.50:1.00 or less, then the Required Prepayment Percentage shall be deemed to be 0%. 

“Requirement of Law” shall mean as to any Person, the governing documents of such Person, and any law, treaty, rule or
regulation or determination of an arbitrator or a court or other Governmental Authority in any jurisdiction, in each case applicable to or binding upon such Person or any of its Real Property or personal property or to which such Person or any of
its property of any nature is subject. 
 “Responsible Officer” of any Person shall mean any executive officer,
president, treasurer, vice treasurer or Financial Officer of such Person and any other officer or similar official thereof responsible for the administration of the obligations of such Person in respect of this Agreement. 

“Restricted Indebtedness” shall mean Indebtedness of Holdings, the Borrower or any Subsidiary Guarantor, the payment,
prepayment, repurchase or defeasance of which is restricted under Section 6.09(b). 
 “Restricted Payment”
shall mean any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in Holdings or any Restricted Subsidiary, or any payment (whether in cash, securities or other property), including
any sinking fund or similar deposit, on account of the purchase, redemption, defeasance, retirement, acquisition, cancellation or termination of any Equity Interests in Holdings, the Borrower or any Restricted Subsidiary or any option, warrant or
other right to acquire any such Equity Interests in Holdings, the Borrower or any Restricted Subsidiary. 
 “Restricted
Subsidiary” shall mean any Subsidiary of Holdings, unless the context requires otherwise, that is not an Unrestricted Subsidiary. 

“Returns” shall mean, with respect to any Investment, any repayments, interest, returns, profits, distributions,
proceeds, fees and similar amounts actually received in cash or Permitted Investments (or converted into cash or Permitted Investments by Holdings or any of the Subsidiaries). 

“Revolving Credit Borrowing” shall mean a Borrowing comprised of Revolving Loans. 

 

 39 

 “Revolving Credit Commitment” shall mean, with respect to each Lender, the
commitment, if any, of such Lender to make Revolving Loans (and to acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on Schedule 2.01, in the Assignment and Acceptance pursuant to which such Lender assumed its
Revolving Credit Commitment or in the Additional Revolving Credit Commitment Assumption Agreement pursuant to which such Lender agreed to provide an additional Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time
to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. 

“Revolving Credit Exposure” shall mean, with respect to any Lenders, at any time, the aggregate principal amount at such
time of all outstanding Revolving Loans of such Lender, plus the aggregate amount at such time of such Lender’s L/C Exposure, plus the aggregate amount at such time of such Lender’s Swingline Exposure. 

“Revolving Credit Facility” shall mean the Revolving Credit Commitments and the extensions of credit made thereunder.

 “Revolving Credit Lender” shall mean a Lender with a Revolving Credit Commitment or an outstanding Revolving
Loan. 
 “Revolving Credit Maturity Date” shall mean the fifth anniversary of the Initial Funding Date. In the
event that one or more Extensions are effected in accordance with Section 2.25, then the Revolving Credit Maturity Date of each tranche of Revolving Loans or Revolving Credit Commitments shall be determined based on the respective Stated
Maturity applicable thereto. 
 “Revolving Loans” shall mean the revolving loans made by the Lenders to the
Borrower pursuant to clause (a)(ii) of Section 2.01. 
 “S&P” shall mean Standard &
Poor’s Ratings Service, or any successor thereto. 
 “Scheme” shall mean the scheme of arrangement to be
entered into pursuant to Section 201 of the Companies Act, by and between BidCo, Target and the holders of Target Shares and the related capital reduction in the Target pursuant to Sections 72 and 74 of the Companies Act, as outlined in the
Press Release and the Scheme Circular, in each case as may be varied, amended, supplemented, or replaced in accordance with the terms of the Further Press Release and the Further Circular, respectively. 

“Scheme Cancellation Date” shall mean the date of the earliest to occur of the following: (a) the Scheme
lapses, is withdrawn or is rejected by the Court, or the shareholders of the Target fail (on a vote) to approve the shareholder’s resolutions regarding the implementation of the Scheme, (b) the Press Release for the Scheme is not issued
within 5 days after the Commitment Effective Date, (c) the Scheme does not become effective within 180 days after the First Amendment Effective Date, (d) the Further Circular is not dispatched to the shareholders of the Target within 28
days of the issue of the Further Press Release (in the case of clause (d), as such period may be extended or reduced at the direction, or with the consent, of the Takeover Panel or the Court), or (e) the Further Press Release is not issued
within 5 days after the First Amendment Effective Date (in the case of clause (e), as such period may be extended at the direction, or with the consent, of the Takeover Panel or the Court). 

 

 40 

 “Scheme Circular” shall mean the Scheme Circular issued by the Target to
its shareholders dated March 12, 2010 and shall include, where the context so requires, any Further Circular. 

“Scheme Covenants” shall mean the covenants of Holdings and the Borrower set out in Sections 5.15 and 6.15 hereof.

 “Scheme Documents” shall mean the Scheme Circular, the Further Circular, the Press Release, the Further
Press Release, the Scheme Transaction Agreement, the Expenses Reimbursement Agreement and any other documents issued, or to be issued, by or on behalf of the Target to its shareholders in respect of the Scheme. 

“Scheme Effective Date” shall mean the date on which an office copy of the order of the Court sanctioning the Scheme and
the associated minute on the reduction of the share capital of the Target is registered by the Registrar of Companies in Ireland for the purposes of section 201(5) of the Companies Act. 

“Scheme Transaction Agreement” shall mean the agreed form of transaction agreement in respect of the Scheme entered into
between BidCo and the Target in respect of the Scheme. 
 “SEC” shall mean the Securities and Exchange
Commission, or any Governmental Authority succeeding to any of its principal function. 
 “Secured Leverage
Ratio” shall mean, with respect to any Test Period, the ratio of (a) Total Debt as of the last day of such Test Period that is secured by Liens to (b) Consolidated EBITDA for such Test Period 

“Secured Parties” shall have the meaning assigned to such term in the Guarantee and Collateral Agreement. 

“Securities Act” shall mean the Securities Act of 1933, as amended, and the rules and regulations promulgated
thereunder. 
 “Security Documents” shall mean the Guarantee and Collateral Agreement, the Mortgages, the
Intellectual Property Security Agreements, the Cayman Security Documents, the Irish Security Documents, the UK Security Documents, the Canadian Security Documents and any documents executed and delivered in connection with Section 5.09 or
Section 5.10. 
 “Senior Notes” shall mean the 11.125% Senior Notes due 2018 issued by the Initial
Borrower and US Co-Issuer on the Initial Funding Date, the gross proceeds of which are in substitution for an equal principal amount of loans under the Bridge Credit Agreement. 

“Senior Notes Documentation” shall mean the Senior Notes, and all documents executed and delivered in connection with
the Senior Notes, including the Senior Notes Indenture. 
 “Senior Notes Indenture” shall mean the Indenture
for the Senior Notes, dated on the Initial Funding Date. 
  

 41 

 “SPC” shall have the meaning assigned to such term in Section 9.04(i).

 “Specified Covenants” shall mean the covenants of Holdings and the Borrower set forth in Sections 6.16 and
6.17(a). 
 “Specified Transaction” shall mean any Investment, any Permitted Acquisition or any Disposition, in
each case whether by merger, consolidation, amalgamation or otherwise or any designation of a Subsidiary as a Restricted Subsidiary or an Unrestricted Subsidiary in accordance with the terms hereof. 

“Sponsor” shall mean any of Berkshire Partners LLC, Bain Capital Partners, LLC, Advent International Corporation and any
of their respective individual or joint Affiliates and funds or partnerships managed or advised by any of them or any of their respective Affiliates, but not including, however, any of their respective portfolio operating companies. 

“Sponsor Management Agreement” shall mean the Management Agreement, dated May 26, 2010, among SSI Pooling, L.P, SSI
Luxco S.a.r.l., Luxco Holdings, SSI Investments I, Initial Borrower, Bidco, Target, Target (USA) and the Sponsors, as amended, supplemented, waived or modified from time to time, in each case in accordance with this Agreement. 

“Sponsor Termination Fees” shall mean the one-time payment under the Sponsor Management Agreement of a termination fee
to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualified Public Offering. 

“SSI Investments I” shall mean SSI Investments I Limited, an Irish private limited company. 

“Stated Maturity” shall mean the Revolving Credit Maturity Date; provided that, with respect to any tranche of
Extended Revolving Credit Commitments, the Stated Maturity with respect thereto shall instead be the final maturity date as specified in the applicable Extension Offer accepted by the respective Lender. 

“Statutory Reserves” shall mean a fraction (expressed as a decimal), the numerator of which is the number one and the
denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board and any other banking authority,
domestic or foreign, to which the Administrative Agent or any Lender (including any branch, Affiliate or other fronting office making or holding a Loan) is subject for eurocurrency funding (currently referred to as “Eurocurrency
Liabilities” in Regulation D). Eurodollar Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time
to time to any Lender under such Regulation D or any comparable regulation. Statutory Reserves shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

“Step Plan” shall mean the transaction step plan set forth on Schedule 1.01, as amended on the Initial Funding Date
subject to the consent of the Administrative Agent, which is hereby provided. 
  

 42 

 “subsidiary” shall mean, with respect to any Person (herein referred to as
the “parent”), any corporation, partnership, limited liability company, association or other entity (a) of which securities or other ownership interests representing more than 50% of the ordinary voting power or more than 50% of the
general partnership interests are, at the time any determination is being made, owned, controlled or held, or (b) that is, at the time any determination is made, otherwise Controlled, by the parent or one or more subsidiaries of the parent or
by the parent and one or more subsidiaries of the parent. 
 “Subsidiary” shall mean, unless otherwise
specified, any subsidiary of Holdings. For the avoidance of doubt, prior to the Initial Funding Date, neither the Target nor any of its subsidiaries shall be deemed a Subsidiary of Holdings. 

“Subsidiary Guarantor” shall mean (a) on the Commitment Effective Date, SSI Investments I and BidCo, (b) on
and after the third Business Day (which may be extended in the Administrative Agent’s sole discretion) after the Initial Funding Date, BidCo and each Restricted Subsidiary (other than the Borrower) not organized under the laws of the Republic
of Ireland, (c) on and after the tenth day (which may be extended in the Administrative Agent’s sole discretion) after the completion of the White Wash Requirements by Target and each Restricted Subsidiary organized under the laws of the
Republic of Ireland, each Restricted Subsidiary referred to in clause (b) (including for the avoidance of doubt, the Initial Borrower and Target) and each other Restricted Subsidiary of Holdings (other than the Borrower), and (d) at any
time thereafter, shall include each other Restricted Subsidiary that becomes a guarantor pursuant to Sections 5.09; provided, that the foregoing clauses (b), (c) and (d) shall not apply to any Excluded Subsidiary. 

“Successor Borrower” shall have the meaning assigned to such term in Section 6.14(d). 

“Swingline Commitment” shall mean the commitment of the Swingline Lender to make loans pursuant to Section 2.22, as
the same may be reduced from time to time pursuant to Section 2.09. 
 “Swingline Exposure” shall mean, at
any time, the aggregate principal amount at such time of all outstanding Swingline Loans. The Swingline Exposure of any Revolving Credit Lender at any time shall equal its Pro Rata Percentage of the aggregate Swingline Exposure at such time.

 “Swingline Lender” shall mean Morgan Stanley Senior Funding, Inc., acting in its capacity as lender of
Swingline Loans hereunder. 
 “Swingline Loan” shall mean any loan made by the Swingline Lender pursuant to
Section 2.22. 
 “Syndication Completion Date” shall mean the earlier to occur of (i) the date of
Successful Syndication (as defined in the Fee Letter) and (ii) the date that is 90 days after the Initial Funding Date. 
  

 43 

 “Synthetic Purchase Agreement” shall mean any swap, derivative or other
agreement or combination of agreements pursuant to which Holdings or any Restricted Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a Person other than Holdings or any
Restricted Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to
the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings or the Restricted
Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement. 
 “Takeover
Code” shall mean the Irish Takeover Panel Act 1997, Takeover Rules 2007 (as amended) and the Substantial Acquisition Rules, 2007. 

“Takeover Panel” shall mean the Irish Takeover Panel. 

“Takeover Panel Act” shall mean the Irish Takeover Panel Act 1997. 

“Target” shall mean SkillSoft Public Limited Company, an Irish public limited company. 

“Target Shares” shall mean the issued shares of the Target and shares of the Target that may be issued prior to the
consummation of the Scheme. 
 “Target (USA)” shall mean SkillSoft Corporation, a Delaware corporation.

 “Tax Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and the regulations
related thereto, and any successor statute. 
 “Tax Confirmation” shall mean a confirmation, substantially in
the form of Exhibit N, by each Lender, Issuing Bank and Administrative Agent in favor of the Borrower as to whether or not such Lender, Issuing Bank or Administrative Agent is an Irish Qualifying Lender with respect to interest payable to that
Lender, Issuing Bank and Administrative Agent. 
 “Tax Credit” shall mean a credit against, relief or remission
for, or repayment of, any Irish Tax or Irish Taxes. 
 “Taxes” shall mean any and all present or future taxes,
levies, imposts, duties or similar charges or withholding (and interest, fines, penalties and additions related thereto) imposed by any Governmental Authority. 

“TCA” shall mean the Taxes Consolidation Act 1997. 

“Term Borrowing” shall mean a Borrowing comprised of Term Loans. 

“Term Lender” shall mean a Lender with a Term Loan Commitment or an outstanding Term Loan. 

 

 44 

 “Term Loan Commitment” shall mean, with respect to each Lender, the
commitment, if any, of such Lender to make Term Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Term Loan Commitment, as applicable, as the same may be (a) reduced
from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. Unless the context shall otherwise require, the term “Term Loan
Commitments” shall include the Incremental Term Commitments. 
 “Term Loan Facility” shall mean the Term
Loan Commitments and the Term Loans made thereunder. 
 “Term Loan Maturity Date” shall mean the seventh
anniversary of the Initial Funding Date. 
 “Term Loan Prepayment Amount” shall have the meaning assigned to
such term in Section 2.12(d)(i). 
 “Term Loan Voluntary Prepayment” shall have the meaning assigned to
such term in Section 2.12(d). 
 “Term Loan Voluntary Prepayment Notice” shall have the meaning assigned
to such term in Section 2.12(d)(i). 
 “Term Loans” shall mean the term loans made by the Lenders to the
Borrower pursuant to clause (a)(i) of Section 2.01. Unless the context shall otherwise require, the term “Term Loans” shall include any Incremental Term Loans. 

“Test Period” shall mean, for any determination under this Agreement, the four consecutive fiscal quarters of Holdings
then last ended. 
 “Total Assets” means the total assets of Holdings and its Restricted Subsidiaries on a
consolidated basis, as shown on the most recent balance sheet of Holdings or such other Person as may be expressly stated. 

“Total Debt” shall mean, as at any date of determination, an amount equal to (a) the sum of (1) the aggregate
amount of all outstanding Indebtedness of Holdings and its Restricted Subsidiaries on a consolidated basis consisting of Indebtedness for borrowed money, obligations in respect of Capitalized Lease Obligations and debt obligations evidenced by
promissory notes and similar instruments (and excluding, for the avoidance of doubt, all obligations relating to Receivables Facilities and Hedging Obligations incurred pursuant to clause (h) of Section 6.01) and (2) the aggregate
amount of all outstanding Disqualified Equity Interests of Holdings and all Preferred Stock of its Restricted Subsidiaries on a consolidated basis, with the amount of such Disqualified Equity Interests and Preferred Stock equal to the greater of
their respective voluntary or involuntary liquidation preferences and maximum fixed repurchase prices, in each case determined on a consolidated basis in accordance with GAAP minus (b) the aggregate amount of cash and Permitted
Investments (in each case, free and clear of all Liens, other than Liens permitted under Section 6.02) included in the consolidated balance sheet of Holdings and its Restricted Subsidiaries as such date; provided, that for purposes of
determining the Leverage Ratio pursuant to the definition of Required Prepayment Percentage, the proviso to clause (a) of the definition of Available Basket Amount and Section 6.06(a)(xiii) and clause (Y) of Section 6.09(b)(i)(G)
and for purposes of determining the Leverage Ratio pursuant to the first paragraph 
  

 45 

 
of Section 6.01 and the Secured Leverage Ratio pursuant to Section 2.24(c), Section 2.25(a) and Section 6.02(x), Total Debt shall be calculated without giving effect to the
preceding clause (b); provided, further that Indebtedness of the Holdings and its Restricted Subsidiaries under any revolving credit facility as at any date of determination shall be determined using the Average Monthly Balance of such
Indebtedness for the most recently ended four fiscal quarters for which internal financial statements are available as of such date of determination (the “Reference Period”). For purposes hereof, (a) the “maximum fixed
repurchase price” of any Disqualified Equity Interests or Preferred Stock that does not have a fixed repurchase price shall be calculated in accordance with the terms of such Disqualified Equity Interests or Preferred Stock as if such
Disqualified Equity Interests or Preferred Stock were purchased on any date on which Total Debt shall be required to be determined pursuant to this Agreement, and if such price is based upon, or measured by, the fair market value of such
Disqualified Equity Interests or Preferred Stock, such fair market value shall be determined reasonably and in good faith by the Borrower, (b) “Average Monthly Balance” means, with respect to any Indebtedness incurred by
Holdings or its Restricted Subsidiaries under a revolving facility, the quotient of (x) the sum of each Individual Monthly Balance for each fiscal month ended on or prior to such date of determination and included in the Reference Period
divided by (y) 12, and (c) “Individual Monthly Balance” means, with respect to any Indebtedness incurred by Holdings or its Restricted Subsidiaries under a revolving credit facility during any fiscal month of Holdings, the
quotient of (x) the sum of the aggregate outstanding principal amount of all such Indebtedness at the end of each day of such fiscal month divided by (y) the number of days in such fiscal month. 

“Total Revolving Credit Commitment” shall mean, at any time, the aggregate amount of the Revolving Credit Commitments,
as in effect at such time. The initial Total Revolving Credit Commitment is $40,000,000. 
 “Total Term Loan
Commitment” shall mean, at any time, the aggregate amount of the Term Loan Commitments, as in effect at such time. The initial Total Term Loan Commitment is $325,000,000. 

“Transaction Expenses” shall mean any fees or expenses incurred or paid by Holdings or any Subsidiary (including Target
and its subsidiaries) in connection with the Transactions, this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby. 

“Transactions” shall mean, collectively, (a) the execution, delivery and performance by the Loan Parties of the
Loan Documents to which they are a party, (b) the borrowings hereunder, the issuance of Letters of Credit and the use of proceeds of each of the foregoing, (c) the execution, delivery and performance by Holdings, the Borrower and the
Subsidiaries party thereto of the Bridge Loan Documents, (d) in lieu of any principal amount of loans under the Bridge Credit Agreement, the issuance of the Senior Notes, (e) the granting of Liens pursuant to the Security Documents,
(f) the Acquisition (including the execution of the Scheme and payment of the Acquisition Consideration), (g) the Equity Contribution, (h) the repayment of the Existing Credit Agreement, (i) the Intermediate Debt Assumption,
(j) the Final Debt Assumption, (k) any other transactions related to or entered into in connection with any of the foregoing (including the transactions specifically set forth in the Step Plan) and (l) the payment of the fees and
expenses incurred in connection with any of the foregoing. 
  

 46 

 “Treasury Rate” shall mean, as of any date of prepayment (or repricing or
effective repricing lower by a refinancing) or declaration, in each case as described in Section 2.12(e), the yield to maturity as of such date of United States Treasury securities with a constant maturity (as compiled and published in the most
recent Federal Reserve Statistical Release H.15 (519) that has become publicly available at least two Business Days prior to such date (or, if such Statistical Release is no longer published, any publicly available source of similar market
data)) most nearly equal to the period from such date to the first anniversary of the Initial Funding Date; provided, however, that if the period from such date to the first anniversary of the Initial Funding Date is less than one
year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year will be used. 

“Type”, when used in respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such
Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term “Rate” shall include the Adjusted LIBO Rate and the Alternate Base Rate. 

“UCC” shall mean the Uniform Commercial Code. 

“UK Debenture” shall mean the English law debenture entered into by the UK Guarantors in favor of the Collateral Agent
in substance reasonably similar to the Guarantee and Collateral Agreement and reasonably satisfactory to Holdings and the Administrative Agent. 

“UK Guarantors” shall mean each Restricted Subsidiary (and its permitted successors and assigns) incorporated under the
laws of England and Wales in respect of which the Borrower is obligated to procure that it becomes a Subsidiary Guarantor. 

“UK Security Documents” shall mean, collectively, (i) the UK Debenture and each of the other guarantees, security
agreements, pledges, debentures and other documents and instruments executed and delivered by the UK Guarantors, and security agreements granted over Equity Interests of a UK Guarantor, in connection with this Agreement or pursuant to Sections 5.09
or 5.10. 
 “Uniform Customs” shall have the meaning assigned to such term in Section 9.07. 

“Unrestricted Subsidiary” shall mean (a) any Subsidiary designated by the board of directors of Holdings as an
Unrestricted Subsidiary pursuant to Section 5.18 subsequent to the Initial Funding Date and (b) any Subsidiary of an Unrestricted Subsidiary, in each case, until such Person ceases to be an Unrestricted Subsidiary in accordance with
Section 5.18 or ceases to be a Subsidiary. Notwithstanding the foregoing, neither the Borrower, Target nor any direct or indirect parent of the Borrower or Target that is a Subsidiary shall be permitted to be an Unrestricted Subsidiary.

 “US Borrower” shall mean a US Subsidiary of Target that shall become the Borrower under this Agreement after
consummation of one of the three transactions involving US Borrower set out in the Step Plan as Alternatives A, B or C (or any similar transaction having an effect substantially similar to Alternatives A, B or C to the extent that such transaction
is not adverse to the Lenders) and the substantially simultaneous execution and delivery to the Administrative Agent of the US Borrower Novation and Assumption Agreement by such US 

 

 47 

 
Subsidiary; provided, further, that as set forth in the Step Plan, in the case of (A) Alternative A, US Borrower shall become the US Borrower upon consummation of the transaction set forth
as 12A, (B) Alternative B, the continuing Person formed by the merger transactions involving US Borrower and two or more US Subsidiaries set forth as 12B and 12C shall be the US Borrower and (C) Alternative C, the continuing Person
following the merger and conversion transactions involving US Borrower and another US Subsidiary set forth as 12C and 13C shall be the US Borrower. 

“US Borrower Novation and Assumption Agreement” shall mean the novation and assumption agreement executed by Target and
US Borrower, providing for the novation and assumption of the Loans and Commitments, along with all other rights and duties as a “Borrower” hereunder by Target to US Borrower, substantially in the form of Exhibit M or as otherwise mutually
and reasonably acceptable to the Borrower and the Administrative Agent. 
 “US Subsidiaries” shall mean all
Subsidiaries incorporated, formed or organized under the laws of the United States of America, any State thereof or the District of Columbia. 

“Up-Front Closing Fees” shall have the meaning assigned to such term in Section 2.05(d). 

“US Co-Issuer” shall mean SSI Co-Issuer, LLC, a Delaware corporation. 

“White Wash Requirements” shall mean the requirements of section 60 of the Companies Act with respect to the provision
of financial assistance. 
 “wholly owned subsidiary” of any Person shall mean a subsidiary of such Person of
which securities (other than (x) director’s qualifying shares and (y) shares issued to foreign nationals to the extent required by applicable law) or other ownership interests representing 100% of the Equity Interests are, at the time
any determination is being made, owned, controlled or held by such Person or one or more wholly owned subsidiaries of such Person or by such Person and one or more wholly owned subsidiaries of such Person; a “wholly owned Subsidiary” shall
mean, unless the context otherwise requires, any wholly owned subsidiary of Holdings. 
 “Withdrawal Liability”
shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 

Section 1.02 Terms Generally. The definitions in Section 1.01 shall apply equally to both the singular and plural forms
of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including”, and words of similar import,
shall not be limiting and shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. The words “asset” and
“property” shall be construed as having the same meaning and effect and to refer to any and all rights and interests in tangible and intangible assets and properties of any kind whatsoever, whether real, personal or mixed, including cash,
securities, Equity Interests, accounts and contract rights. The words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any
particular provision of 
  

 48 

 
this Agreement unless the context shall otherwise require. All references herein to Articles, Sections, Exhibits and Schedules shall be deemed references to Articles and Sections of, and Exhibits
and Schedules to, this Agreement unless the context shall otherwise require. Except as otherwise expressly provided herein, (a) any definition of, or reference to, any Loan Document or any other agreement, instrument or document in this
Agreement shall mean such Loan Document or other agreement, instrument or document as amended, restated, supplemented or otherwise modified from time to time (subject to any restrictions on such amendments, restatements, supplements or modifications
set forth herein); (b) all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided, however, that if the Borrower notifies the Administrative Agent that the Borrower wishes
to amend any covenant in Article VI or any related definition to eliminate the effect of any change in GAAP occurring after the Commitment Effective Date on the operation of such covenant (or if the Administrative Agent notifies the Borrower that
the Required Lenders wish to amend Article VI or any related definition for such purpose), then the Borrower’s compliance with such covenant shall be determined on the basis of GAAP in effect immediately before the relevant change in GAAP
became effective, until either such notice is withdrawn or such covenant is amended in a manner satisfactory to the Borrower and the Required Lenders; (c) all references to statutes, laws and regulations shall include their respective
amendments and restatements from time to time; and (d) any reference to a document in “agreed form” is a document which is previously agreed in writing by or on behalf of Holdings and the Administrative Agent. 

Section 1.03 Classification of Loans and Borrowings. For purposes of this Agreement, Loans may be classified and referred to
by Class (e.g., a “Revolving Loan”) or by Type (e.g., a “Eurocurrency Loan”) or by Class and Type (e.g., a “Eurocurrency Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a
“Revolving Borrowing”) or by Type (e.g., a “Eurocurrency Borrowing”) or by Class and Type (e.g., a “Eurocurrency Revolving Borrowing”). 

Section 1.04 Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Leverage Ratio and the
Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.04. 
 (b) In the event that Holdings
or any Restricted Subsidiary incurs, assumes, guarantees, redeems, repays, retires or extinguishes any Indebtedness included in the definitions of Total Debt, as the case may be (other than Indebtedness incurred or repaid under any revolving credit
facility unless such Indebtedness has been permanently repaid and has not been replaced) or issues or redeems Disqualified Equity Interests or Preferred Stock subsequent to the end of the Test Period for which the Leverage Ratio or Secured Leverage
Ratio is being calculated but prior to or simultaneously with the event for which the calculation of any such ratio is made, then the Leverage Ratio or Secured Leverage Ratio, as applicable, shall be calculated giving pro forma effect to such
incurrence, assumption, guarantee, redemption, repayment, retirement or extinguishment of Indebtedness, or such issuance or redemption of Disqualified Equity Interests or Preferred Stock, as if the same had occurred on the beginning of the
applicable Test Period. 
  

 49 

 (c) For purposes of calculating the Leverage Ratio and Secured Leverage Ratio, Specified
Transactions that have been made by Holdings or any of the Restricted Subsidiaries during the applicable Test Period or subsequent to such Test Period and prior to or simultaneously with the event for which the calculation of any such ratio is made
shall be calculated on a pro forma basis assuming that all such Specified Transactions (and the change in Consolidated EBITDA resulting therefrom) had occurred on the first day of the applicable Test Period. If since the beginning of any such
Test Period any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into Holdings or any of the Restricted Subsidiaries since the beginning of such Test Period shall have made any Specified
Transaction that would have required adjustment pursuant to this Section, then the Leverage Ratio or the Secured Leverage Ratio, as applicable, shall be calculated giving pro forma effect thereto for such period as if such Specified
Transaction occurred at the beginning of the applicable Test Period. 
 (d) [Reserved]. 

(e) [Reserved]. 

(f) Notwithstanding the foregoing, when calculating (i) the Secured Leverage Ratio for the purposes of Section 6.12 (other than
a test in a Section of this Agreement, other than Section 6.12, which has as a condition compliance with such Sections), the events described in Sections 1.04(b), and 1.04(c) above that occurred subsequent to the end of the applicable Test
Period shall not be given pro forma effect. 
 (g) Whenever pro forma effect is to be given to a Specified
Transaction, (i) the pro forma calculations shall be made with respect to the most recently completed Test Period ending prior to such Specified Transaction for which the financial statements and certificates required by
Section 5.04(a) or 5.04(b), as the case may be, and 5.04(d) have been delivered or for which comparable financial statements have been filed with the Securities and Exchange Commission or otherwise been provided to the Administrative Agent,
after giving pro forma effect (as described in this Section 1.04) to such transaction, and (ii) the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Borrower (and may
include, for the avoidance of doubt, cost savings, operating expense reductions and synergies resulting from such Specified Transaction which is being given pro forma effect that have been or are expected to be realized, and any such
adjustments included in the initial pro forma calculations shall continue to apply to subsequent calculations of the Leverage Ratio and Secured Leverage Ratio, including during any subsequent Test Period in which the effects thereof are expected to
be realized); provided, that, (A) such amounts are projected by the Borrower in good faith to result from actions either taken or expected to be taken within 12 months after the end of such Test Period in which such Specified
Transaction occurred and (B) no amounts shall be added pursuant to this clause to the extent duplicative of any amounts that are otherwise added back in computing Consolidated EBITDA for such Test Period. 

 

 50 

 ARTICLE II. 

The Credits 

Section 2.01 Commitments. (a) Subject to the terms and conditions hereof, (i) each Term Lender agrees, severally
and not jointly, to make a Term Loan to the Borrower on the Initial Funding Date in a principal amount not to exceed its Term Loan Commitment and (ii) each Revolving Credit Lender agrees, severally and not jointly, to make Revolving Loans to
the Borrower, at any time and from time to time on and after the Initial Funding Date and until the earlier of the Revolving Credit Maturity Date and the termination of the Revolving Credit Commitment of such Revolving Credit Lender in accordance
with the terms hereof, in an aggregate principal amount at any time outstanding that will not result in such Revolving Credit Lender’s Revolving Credit Exposure exceeding such Revolving Credit Lender’s Revolving Credit Commitment;
provided that the aggregate principal amount of Revolving Loans made on the Initial Funding Date shall not exceed the lesser of (x) the sum of (A) $5,000,000 plus (B) the amount required to pay the Up-Front Closing Fees payable
pursuant to Section 2.05(d) or otherwise, to pay any similar up-front closing fees payable under the Senior Notes or to account for any decrease in the net cash proceeds of the loans made under the Senior Notes as a result of original issue
discount, and (y) $30,000,000. Within the limits set forth in clause (ii) of the preceding sentence and subject to the terms, conditions and limitations set forth herein, the Borrower may borrow, pay or prepay and reborrow Revolving Loans.
The full amount of the Term Loan Commitment must be drawn in a single drawing on the Initial Funding Date and amounts paid or prepaid in respect of Term Loans may not be reborrowed. 

(b) Each Lender having an Incremental Term Loan Commitment, severally and not jointly, hereby agrees, subject to the terms and conditions
and relying upon the representations and warranties set forth herein and in the applicable Incremental Term Loan Assumption Agreement, to make Incremental Term Loans to the Borrower, in an aggregate principal amount not to exceed its Incremental
Term Loan Commitment. Amounts paid or prepaid in respect of Incremental Term Loans may not be reborrowed. 
 Section 2.02
Loans. (a) Each Loan (other than Swingline Loans) shall be made as part of a Borrowing consisting of Loans of the same Class and Type made by the Lenders ratably in accordance with their respective Commitments of the applicable Class;
provided, however, that the failure of any Lender to make any Loan required to be made by it shall not in itself relieve any other Lender of its obligation to lend hereunder (it being understood, however, that no Lender shall be responsible for the
failure of any other Lender to make any Loan required to be made by such other Lender). Except for Loans deemed made pursuant to Section 2.02(f) and subject to Section 2.22 relating to Swingline Loans, the Loans comprising any Borrowing
shall be (i) in an aggregate principal amount that is an integral multiple of $500,000 and not less than $1,000,000 (except, with respect to any Incremental Term Borrowing, to the extent otherwise provided in the related Incremental Term Loan
Assumption Agreement) or (ii) equal to the remaining available balance of the applicable Commitments. 
 (b) Subject to
Section 2.08 and Section 2.15, each Borrowing shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request pursuant to Section 2.03. Each Lender may, at its option, make any Eurodollar Loan by causing any
domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. Borrowings of more
than one Type may be outstanding at the same time; provided, however, that the Borrower shall not be entitled to request any Borrowing that, if made, would result in more than ten Eurodollar Borrowings outstanding hereunder at any time. For purposes
of the foregoing, Borrowings having different Interest Periods, regardless of whether they commence on the same date, shall be considered separate Borrowings. 
  

 51 

 (c) Except with respect to Loans made pursuant to Section 2.02(f) and subject to
Section 2.22 relating to Swingline Loans, each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds to such account in New York City as the Administrative Agent may
designate not later than 12:00 (noon), New York City time, and the Administrative Agent shall promptly credit the amounts so received to an account designated by the Borrower in the applicable Borrowing Request or, if a Borrowing shall not occur on
such date because any condition precedent herein specified shall not have been met, return the amounts so received to the respective Lenders. 

(d) Unless the Administrative Agent shall have received notice from a Lender prior to the date of any Borrowing that such Lender will not
make available to the Administrative Agent such Lender’s portion of such Borrowing, the Administrative Agent may assume that such Lender has made such portion available to the Administrative Agent on the date of such Borrowing in accordance
with paragraph (c) of this Section and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If the Administrative Agent shall have made funds available as
contemplated in the preceding sentence, to the extent that such Lender shall not have made such portion available to the Administrative Agent, such Lender, severally with the Borrower, agree to repay to the Administrative Agent forthwith on demand
such corresponding amount together with interest thereon, for each day from the date such amount is made available to the Borrower to but excluding the date such amount is repaid to the Administrative Agent at (i) in the case of the Borrower, a
rate per annum equal to the interest rate applicable at the time to the Loans comprising such Borrowing or (ii) in the case of such Lender, a rate determined by the Administrative Agent to represent its cost of overnight or short-term funds
(which determination shall be conclusive absent manifest error). If such Lender shall repay to the Administrative Agent such corresponding amount, such amount shall constitute such Lender’s Loan as part of such Borrowing for purposes of this
Agreement. 
 (e) Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request any
Revolving Credit Borrowing if the Interest Period requested with respect thereto would end after the Revolving Credit Maturity Date. 

(f) If the Issuing Bank shall not have received from the Borrower the payment required to be made by Section 2.23(e) with respect to
a Letter of Credit within the time specified in such Section, the Issuing Bank will promptly notify the Administrative Agent of the L/C Disbursement and the Administrative Agent will promptly notify each Revolving Credit Lender of such L/C
Disbursement and its Pro Rata Percentage thereof. Each Revolving Credit Lender shall pay by wire transfer of immediately available funds to the Administrative Agent not later than 2:00 p.m., New York City time, on such date (or, if such Revolving
Credit Lender shall have received such notice later than 12:00 (noon), New York City time, on any day, not later than 10:00 a.m., New York City time, on the immediately following Business Day), an amount equal to such Lender’s Pro Rata
Percentage of such L/C Disbursement (it being understood that such amount shall be deemed to constitute an ABR Revolving Loan of such Lender and such payment shall be deemed to have reduced the L/C Exposure), and the Administrative Agent will

  

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promptly pay to the Issuing Bank amounts so received by it from the Revolving Credit Lenders. The Administrative Agent will promptly pay to the Issuing Bank any amounts received by it from the
Borrower pursuant to Section 2.23(e) prior to the time that any Revolving Credit Lender makes any payment pursuant to this paragraph; any such amounts received by the Administrative Agent thereafter will be promptly remitted by the
Administrative Agent to the Revolving Credit Lenders that shall have made such payments and to the Issuing Bank, as their interests may appear. If any Revolving Credit Lender shall not have made its Pro Rata Percentage of such L/C Disbursement
available to the Administrative Agent as provided above, such Lender severally with the Borrower agree to pay interest on such amount, for each day from and including the date such amount is required to be paid in accordance with this paragraph to
but excluding the date such amount is paid, to the Administrative Agent for the account of the Issuing Bank at (i) in the case of the Borrower, a rate per annum equal to the interest rate applicable to Revolving Loans pursuant to
Section 2.06(a), and (ii) in the case of such Lender, for the first such day, the Federal Funds Effective Rate, and for each day thereafter, the Alternate Base Rate. 

Section 2.03 Borrowing Procedure. In order to request a Borrowing (other than a Swingline Loan or a deemed Borrowing pursuant
to Section 2.02(f), as to which this Section 2.03 shall not apply), the Borrower shall hand deliver or fax to the Administrative Agent a duly completed Borrowing Request (a) in the case of a Eurodollar Borrowing, not later than 12:00
(noon), New York City time, three Business Days before a proposed Borrowing (except for Loans made on the Initial Funding Date, in which case such Borrowing Request shall be delivered or faxed on the Initial Funding Date) and (b) in the case of
an ABR Borrowing, not later than 12:00 (noon), New York City time, one Business Day before a proposed Borrowing (except for Loans made on the Initial Funding Date, in which case such Borrowing Request shall be delivered or faxed on the Initial
Funding Date). Notwithstanding anything herein to the contrary, no Borrowing made prior to the Syndication Completion Date shall have an Interest Period in excess of one month unless agreed to by the Administrative Agent. Each Borrowing Request
shall be irrevocable, shall be signed by or on behalf of the Borrower and shall specify the following information: (i) whether the Borrowing then being requested is to be a Term Borrowing, an Incremental Term Borrowing or a Revolving Credit
Borrowing, and whether such Borrowing is to be a Eurodollar Borrowing or an ABR Borrowing; (ii) the date of such Borrowing (which shall be a Business Day); (iii) the number and location of the account to which funds are to be disbursed
(which shall be an account that complies with the requirements of Section 2.02(c)); (iv) the amount of such Borrowing; and (v) if such Borrowing is to be a Eurodollar Borrowing, the initial Interest Period with respect thereto;
provided, however, that, notwithstanding any contrary specification in any Borrowing Request, each requested Borrowing shall comply with the requirements set forth in Section 2.02. If no election as to the Type of Borrowing is specified in any
such notice, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period with respect to any Eurodollar Borrowing is specified in any such notice, then the Borrower shall be deemed to have selected an Interest Period of one
month’s duration. The Administrative Agent shall promptly advise the applicable Lenders of any notice given in accordance with this Section 2.03 (and the contents thereof), and of each Lender’s portion of the requested Borrowing.

 Section 2.04 Repayment of Loans; Evidence of Debt. (a) The Borrower hereby jointly, severally and
unconditionally promises to pay to the Administrative Agent for the account of each Lender (i) the principal amount of each Term Loan of such Lender made to the Borrower as 

 

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provided in Section 2.11 and (ii) the then unpaid principal amount of each Revolving Loan of such Lender made to the Borrower on the Revolving Credit Maturity Date. The Borrower hereby
unconditionally promises to pay to the Swingline Lender the then unpaid principal amount of each Swingline Loan made to the Borrower on the earlier of the Revolving Credit Maturity Date and the first date after such Swingline Loan is made that is
the 15th day or the last day of a calendar month and is at least three Business Days after such Swingline Loan is made. 
 (b)
Each Lender shall maintain, in accordance with its usual practice, an account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender to the Borrower from time to time, including the
amounts of principal and interest payable and paid to such Lender from time to time under this Agreement. 
 (c) The
Administrative Agent shall maintain accounts in which it will record (i) the amount of each Loan made hereunder, the Type thereof and the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or
to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of the sum received by the Administrative Agent hereunder from the Borrower or any Guarantor and each Lender’s share thereof. 

(d) The entries made in the accounts maintained pursuant to paragraphs (b) and (c) of this Section shall be prima facie
evidence of the existence and amounts of the obligations therein recorded; provided, however, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligations of
the Borrower to repay the Loans made to the Borrower in accordance with the terms of this Agreement. 
 (e) Any Lender may
request that Loans made by it hereunder be evidenced by a promissory note. In such event, the Borrower shall execute and deliver to such Lender a promissory note payable to such Lender and its registered assigns in substantially the form of Exhibit
J-1 or Exhibit J-2, as applicable. Notwithstanding any other provision of this Agreement, in the event any Lender shall request and receive such a promissory note, the interests represented by such note shall at all times (including after any
assignment of all or part of such interests pursuant to Section 9.04) be represented by one or more promissory notes payable to the payee named therein or its registered assigns. 

Section 2.05 Fees. (a) The Borrower agrees to pay to each Lender, through the Administrative Agent, on the last Business
Day of March, June, September and December in each year and on each date on which any Commitment of such Lender shall expire or be terminated as provided herein, a commitment fee (a “Commitment Fee”) equal to the Commitment Fee Rate
on the average daily unused amount of the Revolving Credit Commitments of such Lender (other than the Swingline Commitment) during the preceding quarter (or other period commencing with the Initial Funding Date or ending with the Revolving Credit
Maturity Date or the date on which the Commitments of such Lender shall expire or be terminated); provided that any Commitment Fee owing to a Lender which is a Defaulting Lender may be withheld by the Administrative Agent in its sole discretion for
so long as such Lender remains a Defaulting Lender; and provided, further that the first payment of such Commitment Fees shall not be due and payable until the second such date to occur after the Initial Funding

  

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Date (or, in the event that the Initial Funding Date occurs on such a date, the first such date to occur after the Initial Funding Date). All Commitment Fees shall be computed on the basis of the
actual number of days elapsed in a year of 360 days. The Commitment Fee due to each Lender shall commence to accrue on the Initial Funding Date and shall cease to accrue on the date on which the Revolving Credit Commitment of such Lender shall
expire or be terminated as provided herein. For purposes of calculating Commitment Fees with respect to Revolving Credit Commitments only, no portion of the Revolving Credit Commitments shall be deemed utilized under Section 2.22 as a result of
outstanding Swingline Loans. 
 (b) The Borrower agrees to pay to the Administrative Agent, for its own account, the fees in the
amounts and at the times from time to time agreed to in writing by the Borrower (or any Affiliate) and the Administrative Agent, including pursuant to the Fee Letter (the “Administrative Agent Fees”). 

(c) The Borrower agrees to pay (i) to each Revolving Credit Lender (which is not a Defaulting Lender), through the Administrative
Agent, on the last Business Day of March, June, September and December of each year and on the date on which the Revolving Credit Commitment of such Lender shall be terminated as provided herein (each, an “L/C Fee Payment Date”) a
fee (an “L/C Participation Fee”) calculated on such Lender’s Pro Rata Percentage of the daily aggregate L/C Exposure (excluding the portion thereof attributable to unreimbursed L/C Disbursements which are earning interim
interest pursuant to Section 2.23(h)) during the preceding quarter (or shorter period commencing with the Initial Funding Date or ending with the Revolving Credit Maturity Date or the date on which all Letters of Credit have been canceled or
have expired and the Revolving Credit Commitments of all Lenders shall have been terminated) at a rate per annum equal to the Applicable Margin used to determine the interest rate on Revolving Credit Borrowings comprised of Eurodollar Loans pursuant
to Section 2.06; provided that any L/C Participation Fee owing to a Lender which is a Defaulting Lender may be withheld by the Administrative Agent in its sole discretion for so long as such Lender remains a Defaulting Lender, and (ii) to
the Issuing Bank with respect to each outstanding Letter of Credit issued for the account of (or at the request of) the Borrower a fronting fee, which shall accrue at the rate of 1/4 of 1% per annum or such other rate as shall be separately
agreed upon between the Borrower and the Issuing Bank, on the drawable amount of such Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date after the issuance date of such Letter of Credit, as well as the Issuing Bank’s
standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit issued for the account of (or at the request of) the Borrower or processing of drawings thereunder (the fees in this clause (ii), collectively, the
“Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. 

(d) Holdings and the Borrower agree to pay on the Initial Funding Date to each of the Lenders party to this Agreement as Lenders on the
Initial Funding Date, as fee compensation for the funding of such Lenders’ Term Loans and for the provision of such Lenders’ Revolving Commitments, closing fees (collectively, the “Up-Front Closing Fees”) in an amount
equal to 1.00% of the aggregate principal amount of such Lender’s Revolving Credit Commitment and Term Loan Commitment, payable from the proceeds of the Loans as and when funded on the Initial Funding Date. Such Up-Front Closing Fees shall be
allocated among the Lenders party to this Agreement as Lenders on the Initial Funding Date ratably in accordance with the stated 

 

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principal amount of each such Lender’s Term Loans and aggregate Revolving Credit Commitments as of the Initial Funding Date. Such Up-Front Closing Fees will be in all respects fully earned,
due and payable on the Initial Funding Date and non-refundable and non-creditable thereafter. 
 (e) All Fees shall be paid on
the dates due, in immediately available funds, to the Administrative Agent for distribution, if and as appropriate, among the Lenders, except that the Issuing Bank Fees shall be paid directly to the Issuing Bank. Once paid, none of the Fees shall be
refundable under any circumstances. 
 Section 2.06 Interest on Loans. (a) The Loans comprising each ABR
Borrowing, including each Swingline Loan, shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable
Margin in effect from time to time. 
 (b) The Loans comprising each Eurodollar Borrowing shall bear interest (computed on the
basis of the actual number of days elapsed over a year of 360 days) at a rate per annum equal to the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin in effect from time to time. 

(c) Interest on each Loan shall be payable on the Interest Payment Dates applicable to such Loan except as otherwise provided in this
Agreement. The applicable Alternate Base Rate or Adjusted LIBO Rate for each Interest Period or day within an Interest Period, as the case may be, shall be determined by the Administrative Agent, and such determination shall be conclusive absent
manifest error. Notwithstanding anything else to the contrary contained in this Agreement, (i) if the Interest Payment Date with respect to any ABR Loan would otherwise fall on a date on or prior to the date of the Final Debt Assumption, such
Interest Payment Date shall be extended and any such interest shall accrue to the next succeeding Business Day after the date of the Final Debt Assumption and (ii) if the Interest Payment Date with respect to any Eurodollar Loan would otherwise
fall on a date on or prior to the date of the Final Debt Assumption, (A) such Eurodollar Loan shall be automatically continued as a Eurodollar Loan with the same Interest Period and notice in accordance with the provisions of this Agreement
shall be deemed to have been received and accepted with respect to such continuation and (B) no interest on such Eurodollar Loan shall be due and payable until the expiration of the second Interest Period; provided that if the date of the Final
Debt Assumption is the date of expiration of such second Interest Period, such interest shall be due and payable on the next succeeding Business Day after the Final Debt Assumption. 

Section 2.07 Default Interest. If (i) the Borrower shall default in the payment of any principal of or interest on any
Loan or any other amount due hereunder or under any other Loan Document, by acceleration or otherwise or (ii) during the continuance of any Event of Default arising under clauses (g) or (h) of Section 7.01, the Borrower shall on
demand from pay interest, to the extent permitted by law, on such defaulted amount to but excluding the date of actual payment (after as well as before judgment) (a) in the case of overdue principal, at the rate otherwise applicable to such
Loan pursuant to Section 2.06 plus 2.00% per annum and (b) in all other cases, at a rate per annum (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as the case may be, when determined by
reference to the Prime 
  

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Rate and over a year of 360 days at all other times) equal to the rate that would be applicable to an ABR Revolving Loan plus 2.00% per annum; provided, that no interest at such default rate
shall accrue or be payable to a Defaulting Lender so long as such Lender shall be a Defaulting Lender. 
 Section 2.08
Alternate Rate of Interest. In the event, and on each occasion, that prior to the commencement of any Interest Period for a Eurodollar Borrowing (a) the Administrative Agent shall have determined that adequate and reasonable means do not
exist for determining the Adjusted LIBO Rate for such Interest Period or (b) the Administrative Agent is advised by the Majority Facility Lenders in respect of the relevant Facility that the Adjusted LIBO Rate for such Interest Period will not
adequately and fairly reflect the cost to such Lenders of making or maintaining Eurodollar Loans included in such Borrowing for such Interest Period, or that reasonable means do not exist for ascertaining the Adjusted LIBO Rate, the Administrative
Agent shall, as soon as practicable thereafter, give written or fax notice of such determination to the Borrower and the Lenders. In the event of any such determination, until the Administrative Agent shall have advised the Borrower and the Lenders
that the circumstances giving rise to such notice no longer exist, (i) any request by the Borrower for a Eurodollar Borrowing pursuant to Section 2.03 or Section 2.10 shall be deemed to be a request for an ABR Borrowing and
(ii) any Interest Period election that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective. Each determination by the Administrative Agent under this Section 2.08
shall be conclusive absent manifest error. 
 Section 2.09 Termination and Reduction of Commitments. (a) Unless
previously terminated in accordance with the terms hereof, (i) the Term Loan Commitments (other than any Incremental Term Loan Commitments, which shall terminate as provided in the related Incremental Term Loan Assumption Agreement) shall
automatically terminate at 5:00 p.m., New York City time, on the last day of the Certain Funds Period and (ii) the Revolving Credit Commitments, the Swingline Commitment shall automatically terminate on the Revolving Credit Maturity Date. The
L/C Commitment shall automatically terminate on the earlier to occur of (i) the termination of the Revolving Credit Commitments and (ii) the date 30 days prior to the Revolving Credit Maturity Date. Notwithstanding the foregoing, if the
Initial Funding Date shall not have occurred by such time, all the Commitments shall automatically terminate on the occurrence of the termination of the Certain Funds Period. 

(b) Upon at least three Business Days’ prior irrevocable written or fax notice to the Administrative Agent, the Borrower may at any
time in whole permanently terminate, or from time to time in part permanently reduce, the Revolving Credit Commitments or the Swingline Commitment; provided, however, that (i) each partial reduction of the Revolving Credit Commitments or the
Swingline Commitment shall be in an integral multiple of $500,000 and in a minimum amount of $1,000,000 and (ii) the Total Revolving Credit Commitment shall not be reduced to an amount that is less than the Aggregate Revolving Credit Exposure
then in effect. 
 (c) Each reduction in the Revolving Credit Commitments or Swingline Commitment hereunder shall be made
ratably among the applicable Lenders in accordance with their Pro Rata Percentages. The Borrower shall pay to the Administrative Agent for the account of the applicable Lenders, on the date of each termination or reduction, the Commitment Fees on
the amount of the Commitments so terminated or reduced accrued to but excluding the date of such termination or reduction. 
  

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 Section 2.10 Conversion and Continuation of Borrowings. The Borrower shall have
the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing of the Borrower into an ABR
Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing of the Borrower into a Eurodollar Borrowing or to continue any Eurodollar Borrowing of the
Borrower as a Eurodollar Borrowing for an additional Interest Period and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing of
the Borrower to another permissible Interest Period, subject in each case to the following: 
 (i) each
conversion or continuation shall be made pro rata among the Lenders in accordance with the respective principal amounts of the Loans comprising the converted or continued Borrowing; 

(ii) if less than all the outstanding principal amount of any Borrowing shall be converted or continued, then each
resulting Borrowing shall satisfy the limitations specified in Section 2.02(a) and Section 2.02(b) regarding the principal amount and maximum number of Borrowings of the relevant Type; 

(iii) each conversion shall be effected by each Lender and the Administrative Agent by recording for the account of such
Lender the new Loan of such Lender resulting from such conversion and reducing the Loan (or portion thereof) of such Lender being converted by an equivalent principal amount; accrued interest on any Eurodollar Loan (or portion thereof) being
converted shall be paid by the Borrower at the time of conversion; 
 (iv) if any Eurodollar Borrowing is
converted at a time other than the end of the Interest Period applicable thereto, the Borrower shall pay, upon demand, any amounts due to the Lenders pursuant to Section 2.16; 

(v) any portion of a Borrowing maturing or required to be repaid in less than one month may not be converted into or
continued as a Eurodollar Borrowing; 
 (vi) any portion of a Eurodollar Borrowing that cannot be converted into
or continued as a Eurodollar Borrowing by reason of the immediately preceding clause shall be automatically converted at the end of the Interest Period in effect for such Borrowing into an ABR Borrowing; 

(vii) no Interest Period may be selected for any Eurodollar Term Borrowing that would end later than a Repayment Date
occurring on or after the first day of such Interest Period if, after giving effect to such selection, the aggregate outstanding amount of (A) the Eurodollar Term Borrowings with Interest Periods ending on or prior to such Repayment Date and
(B) the ABR Term Borrowings would not be at least equal to the principal amount of Term Borrowings to be paid on such Repayment Date; and 
  

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 (viii) after the occurrence and during the continuance of a Default or Event
of Default, the Borrower shall have the option to convert all or any part of any Term Borrowing or Revolving Credit Borrowing from an ABR Borrowing to a Eurodollar Borrowing in accordance with the provisions set forth above or to continue any
Eurodollar Borrowing in accordance with the provisions set forth above, in each case, to the extent that (x) such converted or continued Eurodollar Borrowing shall not have an Interest Period longer than one month and (y) the Borrower
shall only be permitted to exercise one such option during the continuance of any such Default or Event of Default (for the avoidance of doubt, no provision of this clause (viii) shall prevent any Eurodollar Borrowing from being converted into
an ABR Borrowing at the end of the applicable Interest Period). 
 Each notice pursuant to this Section 2.10 shall be
irrevocable and shall refer to this Agreement and specify (i) the identity and amount of the Borrowing that the Borrower requests be converted or continued, (ii) whether such Borrowing is to be converted to or continued as a Eurodollar
Borrowing or an ABR Borrowing, (iii) if such notice requests a conversion, the date of such conversion (which shall be a Business Day) and (iv) if such Borrowing is to be converted to or continued as a Eurodollar Borrowing, the Interest
Period with respect thereto. If no Interest Period is specified in any such notice with respect to any conversion to or continuation as a Eurodollar Borrowing, the Borrower shall be deemed to have selected an Interest Period of one month’s
duration. The Administrative Agent shall advise the Lenders of any notice given pursuant to this Section 2.10 and of each Lender’s portion of any converted or continued Borrowing. If the Borrower shall not have given notice in accordance
with this Section 2.10 to continue any Borrowing into a subsequent Interest Period (and shall not otherwise have given notice in accordance with this Section 2.10 to convert such Borrowing), such Borrowing shall, at the end of the Interest
Period applicable thereto (unless repaid pursuant to the terms hereof), automatically be converted or continued into an ABR Borrowing. 

Section 2.11 Repayment of Term Borrowings. (a) (i) On the last day of March, June, September and December of each
year and on the Term Loan Maturity Date (or if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”)), commencing on the second such date to occur after the Initial
Funding Date (or, in the event that the Initial Funding Date occurs on such a date, the first such date to occur after the Initial Funding Date), the Borrower shall pay to the Administrative Agent, for the account of the Term Lenders, a principal
amount of the Term Loans (as adjusted from time to time pursuant to Section 2.11, Section 2.12 and Section 2.13(e)) equal to (x) for each Repayment Date prior to the Term Loan Maturity Date, 0.25% of the original outstanding
principal amount thereof immediately after the funding on the Initial Funding Date, and (y) on the Term Loan Maturity Date, the entire remaining unpaid principal amount thereof, together in each case with accrued and unpaid interest on the
amount to be paid to but excluding the date of such payment. 
 (ii) The Borrower shall pay to the Administrative Agent, for the
account of the Incremental Term Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(e)) equal to the amount set forth for
such date in the applicable Incremental Term Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. 

 

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 (b) To the extent not previously paid, all Term Loans and Other Term Loans shall be due and
payable on the Term Loan Maturity Date and the Incremental Term Loan Maturity Date, respectively, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. 

(c) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or
penalty. 
 Section 2.12 Prepayment. (a) The Borrower shall have the right at any time and from time to time to
prepay any Borrowing, in whole or in part, upon at least three Business Days’ prior written or fax notice (or telephone notice promptly confirmed by written or fax notice) in the case of Eurodollar Loans, or written or fax notice (or telephone
notice promptly confirmed by written or fax notice) at least one Business Day prior to the date of prepayment in the case of ABR Loans, to the Administrative Agent before 12:00 (noon), New York City time; provided, however, that
(i) each partial prepayment shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000, and (ii) at the Borrower’s election in connection with any prepayment of Revolving Loans pursuant to this
Section 2.12(a), such prepayment shall not, so long as no Event of Default then exists, be applied to any Revolving Loan of a Defaulting Lender. 

(b) Optional prepayments of Term Loans shall be applied as directed by the Borrower. 

(c) Each notice of prepayment shall specify the prepayment date and the principal amount of each Borrowing (or portion thereof) to be
prepaid, shall be irrevocable and shall commit the Borrower to prepay such Borrowing by the amount stated therein on the date stated therein. All optional prepayments, including all optional prepayments under this Section 2.12 shall be subject
to Section 2.16, but otherwise without premium (subject to Section 2.12(e)) or penalty. All prepayments under this Section 2.12 shall be accompanied by accrued and unpaid interest on the principal amount to be prepaid to but excluding
the date of payment. In connection with any voluntary prepayments by the Borrower pursuant to Section 2.12, any voluntary prepayment thereof shall be applied first to ABR Loans to the full extent thereof before application to Eurodollar Rate
Loans, in each case in a manner that minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.16. 

(d) Notwithstanding anything to the contrary contained in this Section 2.12 or any other provision of this Agreement and without
otherwise limiting the rights in respect of prepayments of the Loans of the Borrower, so long as no Default or Event of Default has occurred and is continuing and with the consent of the Administrative Agent, the Borrower may make voluntary
prepayments of outstanding Term Loans (each, a “Term Loan Voluntary Prepayment”) pursuant to this Section 2.12(d) on the following basis: 

(i) the Borrower shall notify the Term Lenders (the “Term Loan Voluntary Prepayment Notice”), not later
than 12:00 (noon), New York City time, at least five Business Days in advance of a proposed consummation of such Term Loan Voluntary Prepayment, that it desires to prepay Term Loans with proceeds in an aggregate amount specified by the Borrower
(which amount shall be not less than $10,000,000 in the 
  

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aggregate in each case) (such amount or such lower amount constituting Qualifying Term Loans (as defined below) as contemplated by Section 2.12(d)(ii) hereof, each, a “Term Loan
Prepayment Amount”) at a discount (which shall be expected to be within a range to be specified by the Borrower with respect to each Term Loan Voluntary Prepayment; the “Discount Range”) equal to a percentage of par of the
principal amount of Term Loans; provided that (i) no proceeds of Revolving Loans shall be used to finance a Term Loan Voluntary Prepayment, (ii) no Incremental Term Loans may be requested by the Borrower for the purpose of financing
a Term Loan Voluntary Prepayment, (iii) at the time the Borrower delivers the Term Loan Voluntary Prepayment Notice and after giving effect to the Term Loan Voluntary Prepayment, no Revolving Loans shall be outstanding, (iv) any Term Loan
Voluntary Prepayment shall be offered to all Term Lenders on a pro rata basis, (v) the Borrower shall have delivered to the Administrative Agent a certificate stating that (A) no Default or Event of Default has occurred and is continuing
or would result from the Term Loan Voluntary Prepayment (after giving effect to any related waivers or amendments obtained in connection with such Term Loan Voluntary Prepayment), and (B) each of the conditions to the Term Loan Voluntary
Prepayment contained in this Section 2.12(d) has been satisfied, and (vi) at the Borrower’s request, any Term Lender participating in the Term Loan Voluntary Prepayment shall be required to deliver to the Borrower and the
Administrative Agent a customary “big boy” letter acknowledging that as of the date of the applicable Term Loan Voluntary Prepayment Notice and the proposed date of the consummation of such Term Loan Voluntary Prepayment, (1) each
Term Loan Voluntary Prepayment is a prepayment pursuant to Section 2.12(d) of the Credit Agreement and the terms set forth therein, (2) the Borrower currently may have information regarding a Loan Party, its ability to perform its
Obligations or any other matter that may be material to a decision by any Term Lender to participate in any Term Loan Voluntary Prepayment or participate in any of the transactions contemplated thereby and that has not previously been disclosed to
the Administrative Agent and the Lenders (“Excluded Information”), (3) the Excluded Information may not be available to it, the Administrative Agent or the other Lenders, (4) it has independently and without reliance on
any other party made its own analysis and determined to enter into the Term Loan Voluntary Prepayment and to consummate the transactions contemplated thereby notwithstanding its lack of knowledge of the Excluded Information and (5) the Borrower
shall have no liability to it (to the extent permitted by law) and it hereby waives and releases any claims it may have against the Borrower (under applicable laws or otherwise) with respect to the nondisclosure of the Excluded Information;

 (ii) in connection with a Term Loan Voluntary Prepayment, the Borrower shall allow each Term Lender to specify
a discount to par (the “Acceptable Discount”) within the Discount Range for a principal amount (subject to rounding requirements specified by the Administrative Agent) of Term Loans at which such Term Lender is willing to permit
such Term Loan Voluntary Prepayment. Based on the Acceptable Discounts and principal amounts of Term Loans specified by Term Lenders, the applicable discount (the “Applicable Discount”) for the Term Loan Voluntary Prepayment shall
be the lower of (A) the lowest Acceptable Discount at which the Borrower can complete the Term Loan Voluntary Prepayment for the Term Loan Prepayment Amount that is within the Discount Range specified by the Borrower and
(B)
  

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in the event the offers received from Term Lenders are insufficient to allow the Borrower to complete the Term Loan Voluntary Prepayment for the Term Loan Prepayment Amount, the highest
Acceptable Discount specified by the Term Lenders that is within the Discount Range specified by the Borrower. The Borrower shall prepay Term Loans (or the respective portions thereof) offered by Term Lenders that specify an Acceptable Discount that
is equal to or less than the Applicable Discount (“Qualifying Term Loans”) at the Applicable Discount; provided that if the aggregate proceeds required to prepay Qualifying Term Loans (disregarding any interest payable under
Section 2.05(d)(iv)) would exceed the Term Loan Prepayment Amount for such Term Loan Voluntary Prepayment, the Borrower shall prepay such Qualifying Term Loans at the Applicable Discount ratably based on the respective principal amounts of such
Qualifying Term Loans (subject to rounding requirements specified by the Administrative Agent); 
 (iii) each
Term Loan Voluntary Prepayment shall be deemed to be an optional prepayments pursuant to this Section 2.12 in an amount equal to the aggregate principal amount of Term Loans being prepaid, provided that such Term Loan Voluntary Prepayments
shall not be subject to the provisions of Section 2.12(a); 
 (iv) all Term Loans prepaid pursuant to this
Section 2.12(d) shall be accompanied by payment of all accrued interest thereon; 
 (v) the scheduled
principal payments of the Term Loans shall be reduced pro rata by the aggregate principal amount of Term Loans prepaid pursuant to this Section 2.12(d); and 

(vi) to the extent not expressly provided for herein, each Term Loan Voluntary Prepayment shall be consummated pursuant to
procedures (including as to timing of any issuance of a Term Loan Voluntary Prepayment Notice, response deadlines, rounding and minimum amounts, Type and Interest Period of accepted Term Loans, irrevocability of any Term Loan Voluntary Prepayment
Notice and other notices by the Borrower and Term Lenders and calculation of Applicable Discount in accordance with Section 2.12(d)(ii) above) established by the Administrative Agent in its reasonable judgment and agreed to by the Borrower.

 (e) In the event that (i) the Term Loans are prepaid in whole or in part pursuant to Section 2.12(a) (or repriced
or effectively repriced lower through any amendment of this Agreement) on or prior to the third anniversary of the Initial Funding Date or (ii) the Administrative Agent declares the Term Loans to be due and payable on or prior to the third
anniversary of the Initial Funding Date in whole or in part pursuant to Article VII, then if such prepayment (or repricing or effective repricing lower by a refinancing) or declaration shall have occurred on or prior to the first anniversary of the
Initial Funding Date, the Borrower shall pay to the Lenders a premium on the amount so prepaid (or repriced or effectively repriced lower by a refinancing) or declared in an amount equal to the Applicable Premium, or if such prepayment (or repricing
or effective repricing lower by a refinancing) or declaration shall have occurred after the first anniversary of the Initial Funding Date but on or prior to the third anniversary of the Initial Funding Date, the Borrower shall pay to the Lenders a
premium on the amount so prepaid (or repriced or effectively repriced lower by a refinancing) or declared in an amount as follows: 
  

				
	 Relevant Period
	  	Prepayment premium as a percentage
of the amount so prepaid (or repriced
or
effectively repriced lower by a
refinancing) or declared	 
	 On or prior to the second anniversary of the Initial Funding Date, but after the first anniversary of the Initial Funding Date

	  	2.0	% 
	 On or prior to the third anniversary of the Initial Funding Date, but after the second anniversary of the Initial Funding Date

	  	1.0	% 

  

 62 

 Section 2.13 Mandatory Prepayments. (a) In the event of any termination of
all the Revolving Credit Commitments, the Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Credit Borrowings and all its outstanding Swingline Loans and replace all its outstanding Letters of Credit
and/or deposit an amount equal to the L/C Exposure in cash in a cash collateral account established with the Collateral Agent for the benefit of the Secured Parties. If as a result of any partial reduction of the Revolving Credit Commitments the
Aggregate Revolving Credit Exposure would exceed the Total Revolving Credit Commitment after giving effect thereto, then the Borrower shall, on the date of such reduction, repay or prepay Revolving Credit Borrowings or Swingline Loans (or a
combination thereof) and/or cash collateralize Letters of Credit in an amount sufficient to eliminate such excess. Notwithstanding anything to the contrary contained in this Agreement or any other Loan Document, in the event the Swingline Lender
notifies the Administrative Agent and the Borrower that a Lender has not funded its participation pursuant to Section 2.22(e) or its pro rata share of a Mandatory Borrowing pursuant to Section 2.22(f), the Borrower, shall upon demand by
the Swingline Lender, pay to the Administrative Agent for the account of the Swingline Lender an amount equal to such Defaulting Lender’s unfunded participation or Pro Rata Percentage of the Loans required to be made pursuant to Mandatory
Borrowing, as the case may be, which amount shall be applied by the Administrative Agent solely to reduce the aggregate principal amount of outstanding Swingline Loans; provided that no such payment by the Borrower shall change the status of a
Defaulting Lender as such, or otherwise limit, reduce or qualify the obligations of any Lender with respect to its obligations under this Agreement or the other Loan Documents including without limitation to fund its Pro Rata Percentage of
participations required by Section 2.22(e) or Loans made pursuant to a Mandatory Borrowing, in each case, after giving effect to any payments made by the Borrower pursuant to the terms of this sentence. 

(b) 

(i)(A) If (x) any Loan Party Disposes of any property or assets (other than any Disposition of any property or assets
permitted by Section 6.05(a), (b), (c)(i), (d), (e), (g), (k), (l) or (m) and other than any Disposition resulting in less than $250,000 in Net Cash Proceeds) or (y) any Recovery Event occurs, which results in the realization or

  

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receipt by such Loan Party of Net Cash Proceeds (other than any Recovery Event resulting in the realization or receipt of less than $250,000 in Net Cash Proceeds), the Borrower shall apply the
Required Prepayment Percentage of the Net Cash Proceeds received with respect thereto to prepay outstanding Loans in accordance with Section 2.13(e) on or prior to the date which is five Business Days after the date of the realization or
receipt of such Net Cash Proceeds; provided, that no prepayment shall be required pursuant to this Section 2.13(b)(i)(A) with respect to such portion of such Net Cash Proceeds that the Borrower shall have, on or prior to such date, given
written notice to the Administrative Agent of its intent to reinvest in accordance with Section 2.13(b)(i)(B). 

(B) With respect to any Net Cash Proceeds realized or received with respect to any Disposition (other than any Disposition
specifically excluded from the application of Section 2.13(b)(i)(A)) or any Recovery Event, so long as no Default or Event of Default shall have occurred and be continuing, at the option of the Borrower, the Borrower may reinvest all or any
portion of such Net Cash Proceeds in assets useful for its business within 365 days following receipt of such Net Cash Proceeds (provided if prior to the expiration of such 365 day period, the Borrower enters into a legally binding commitment
to reinvest such Net Cash Proceeds, such reinvestment period shall be extended by an additional 180 days); provided that if any Net Cash Proceeds are no longer intended to be or cannot be so reinvested at any time after delivery of a notice
of reinvestment election, an amount equal to any such Net Cash Proceeds shall be applied within five Business Days after the Borrower reasonably determines that such Net Cash Proceeds are no longer intended to be or cannot be so reinvested to the
prepayment of the Term Loans as set forth in this Section 2.13. 
 (c) In the event that any Loan Party or any subsidiary
of a Loan Party shall receive Net Cash Proceeds from the issuance or other incurrence of Indebtedness of any Loan Party or any Restricted Subsidiary (other than Indebtedness permitted pursuant to Section 6.01), the Borrower shall, substantially
simultaneously with (and in any event not later than the fifth Business Day (or not later than thirty days in the case of any Restricted Subsidiary organized outside of Ireland and the United States) next following) the receipt of such Net Cash
Proceeds by such Loan Party or such Restricted Subsidiary, apply an amount equal to the Required Prepayment Percentage of such Net Cash Proceeds to prepay outstanding Loans in accordance with Section 2.13(e). 

(d) No later than five Business Days after the financial statements with respect to such period are delivered pursuant to
Section 5.04(a), the Borrower shall prepay outstanding Loans in accordance with Section 2.13(e), in an aggregate principal amount equal to the positive difference (if any) between (x) the Required Prepayment Percentage of Excess Cash
Flow for the fiscal year then ended less (y) any prepayments of the Term Loans made under Section 2.12 in such fiscal year and any prepayments of the Revolving Loans made under Section 2.12 in such fiscal year to the extent
accompanied by a permanent reduction in the Revolving Credit Commitments by the amount of such Revolving Loan prepayment pursuant to Section 2.09. 
  

 64 

 (e) Mandatory prepayments of outstanding Loans under this Agreement shall be applied:

 (i) to Term Loans to reduce in direct order the scheduled amortization payments pursuant to Section 2.11.
Any Term Lender may elect, by notice in writing to the Administrative Agent at least two Business Days or any shorter time period as the Administrative Agent may determine, prior to the applicable prepayment date, to decline all of any mandatory
prepayments of its Term Loans pursuant to Section 2.13, in which case the aggregate amount of the prepayment that would have been applied to prepay such Term Loans but was so declined shall be promptly re-offered to prepay the Term Loans of
those Term Lenders who have initially accepted such prepayment (such re-offer to be made to each such Term Lender based on the percentage which such Term Lender’s Term Loans represents of the aggregate Term Loans of all such Term Lenders who
have initially accepted such prepayment); and 
 (ii) in the event of such a re-offer, the relevant Lenders may
elect, by notice to the Administrative Agent within one Business Day of receiving notification of such re-offer, to decline all of the amount of such prepayment that is re-offered to them, in which case such amount shall be retained by the Borrower.

 (f) The Borrower shall deliver to the Administrative Agent, at the time of each prepayment required under this
Section 2.13, (i) a certificate signed by a Financial Officer of the Borrower setting forth in reasonable detail the calculation of the amount of such prepayment and (ii) to the extent practicable, (A) at least one day prior
written notice of such prepayment for prepayment of ABR Loans and (B) at least three days prior written notice of such prepayment for prepayment of Eurodollar Rate Loans. Each notice of prepayment shall specify the prepayment date, the Type of
each Loan being prepaid and the principal amount of each Loan (or portion thereof) to be prepaid. All prepayments of Borrowings pursuant to this Section 2.13 shall be subject to Section 2.16, but shall otherwise be without premium or
penalty. In connection with any mandatory prepayments by the Borrower of the Term Loans pursuant to Section 2.13, such prepayments shall be applied on a pro rata basis to the then outstanding Term Loans being prepaid irrespective of whether
such outstanding Term Loans are ABR Loans or Eurodollar Rate Loans; provided that if no Lenders exercise the right to waive a given mandatory prepayment of the Term Loans pursuant to Section 2.13(e), then, with respect to such mandatory
prepayment, the amount of such mandatory prepayment shall be applied first to Term Loans that are ABR Loans to the full extent thereof before application to Term Loans that are Eurodollar Rate Loans in a manner that minimizes the amount of any
payments required to be made by the Borrower pursuant to Section 2.16. 
 (g) If any of the Loans would otherwise
constitute an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Tax Code, on or before the end of the first accrual period following the fifth anniversary of the making of each Loan hereunder,
and on each Interest Payment Date thereafter, the Borrower shall make a payment with respect to such Loan in an amount equal to the AHYDO Amount. For the purposes of this Section 2.13(g), “AHYDO Amount” means the amount
sufficient to ensure that any of the Loans made hereunder will not be an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Tax Code. Each payment of the AHYDO Amount will be applied in full,
notwithstanding any other provision of this Agreement to the contrary (including Section 2.13(e) above), to prepay the Loans made hereunder. It is the intention of this Section 2.13(g) that the Loans made hereunder will not be applicable
high yield discount obligations. 
  

 65 

 Section 2.14 Reserve Requirements; Change in Circumstances.
(a) Notwithstanding any other provision of this Agreement, if any Change in Law shall: 
 (i) impose, modify
or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, the Administrative Agent or the Issuing Bank (except any such reserve requirement which
is reflected in the Adjusted LIBO Rate) or 
 (ii) impose on any Lender, the Administrative Agent or the Issuing
Bank or the London interbank market any other condition (except any such reserve requirement which is reflected in the definition of Statutory Reserves) affecting this Agreement or Eurodollar Loans made by such Lender or any Letter of Credit or
participation therein, 
 and the result of any of the foregoing shall be to increase the cost to such Lender or the Issuing Bank of making or
maintaining any Eurodollar Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to any Lender, the Administrative Agent or the Issuing Bank of issuing or maintaining any Letter of Credit or purchasing or maintaining
a participation therein or to reduce the amount of any sum received or receivable by such Lender or the Issuing Bank hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender, the Administrative Agent or the Issuing
Bank to be material, then the Borrower will pay to such Lender, the Administrative Agent or the Issuing Bank, as the case may be, upon demand such additional amount or amounts as will compensate such Lender or the Issuing Bank, as the case may be,
for such additional costs incurred or reduction suffered; provided, that such amount shall be determined in a manner consistent with the amount that such Lender or the Issuing Bank, as the case may be, would generally apply with respect to other
similarly situated borrowers, if applicable, and shall not be duplicative of any amounts paid by the Borrower under any other provision of this Agreement, and provided further, that costs to which this Section 2.14 applies shall not include
Excluded Taxes or costs relating to Indemnified Taxes or Other Taxes that are governed by Section 2.20. 
 (b) If any
Lender, the Administrative Agent or the Issuing Bank shall have determined that any Change in Law regarding capital adequacy has or would have the effect of reducing the rate of return on such Lender’s, the Administrative Agent’s or the
Issuing Bank’s capital or on the capital of such Lender’s, the Administrative Agent’s or the Issuing Bank’s holding company, if any, as a consequence of this Agreement or the Loans made by, or participations in Letters of Credit
purchased by, such Lender or the Letters of Credit issued by the Issuing Bank to a level below that which such Lender, the Administrative Agent or the Issuing Bank or such Lender’s, the Administrative Agent’s or the Issuing Bank’s
holding company would have achieved but for such Change in Law (taking into consideration such Lender’s, the Administrative Agent’s or the Issuing Bank’s policies and the policies of such Lender’s, the Administrative Agent’s
or the Issuing Bank’s holding company with respect to capital adequacy) by an amount deemed by such Lender, the Administrative Agent or the Issuing Bank to be material, then from time to time the Borrower shall pay to such Lender, the
Administrative Agent or the Issuing Bank, as the case may be, such additional amount or amounts as will compensate such Lender, the Administrative Agent or the Issuing Bank or such Lender’s, the Administrative Agent’s or the Issuing
Bank’s holding company for any such reduction suffered; provided, that such amount shall be determined in a manner consistent with the amount that such Lender or the Issuing Bank, as the case may be, would generally apply with respect to other
similarly situated borrowers, if applicable, and shall not be duplicative of any amounts paid by the Borrower under any other provision of this Agreement. 
  

 66 

 (c) A certificate of a Lender, the Administrative Agent or the Issuing Bank setting forth in
reasonable detail the amount or amounts necessary to compensate such Lender, the Administrative Agent or the Issuing Bank or its holding company, as applicable, as specified in paragraph (a) or (b) of this Section shall be delivered to the
Borrower (with a copy to the Administrative Agent) and shall be conclusive absent manifest error. The Borrower shall pay such Lender, the Administrative Agent or the Issuing Bank, as the case may be, the amount or amounts shown as due on any such
certificate delivered by it within 10 days after its receipt of the same. 
 (d) Failure or delay on the part of any Lender, the
Administrative Agent or the Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s, the Administrative Agent’s or the Issuing Bank’s right to demand such compensation; provided that
the Borrower shall not be under any obligation to compensate any Lender, the Administrative Agent or the Issuing Bank under paragraph (a) or (b) above for increased costs or reductions with respect to any period prior to the date that is
180 days prior to such request if such Lender, the Administrative Agent or the Issuing Bank knew or could reasonably have been expected to know of the circumstances giving rise to such increased costs or reductions and of the fact that such
circumstances would or could reasonably have been expected to result in a claim for increased compensation by reason of such increased costs or reductions; provided further that the foregoing limitation shall not apply to any increased costs or
reductions arising out of the retroactive application of any Change in Law within such 180-day period. The protection of this Section shall be available to each Lender, the Administrative Agent and the Issuing Bank regardless of any possible
contention of the invalidity or inapplicability of the Change in Law that shall have occurred or been imposed. 

Section 2.15 Change in Legality. (a) Notwithstanding any other provision of this Agreement, if any Change in Law shall
make it unlawful for any Lender to make or maintain any Eurodollar Loan or to give effect to its obligations as contemplated hereby with respect to any Eurodollar Loan, then, by written notice to the Borrower and to the Administrative Agent:

 (i) such Lender may declare that Eurodollar Loans will not thereafter (for the duration of such unlawfulness)
be made by such Lender hereunder (or be continued for additional Interest Periods and ABR Loans will not thereafter (for such duration) be converted into Eurodollar Loans), whereupon any request for a Eurodollar Borrowing (or to convert an ABR
Borrowing to a Eurodollar Borrowing or to continue a Eurodollar Borrowing for an additional Interest Period) shall, as to such Lender only, be deemed a request for an ABR Loan (or a request to continue an ABR Loan as such for an additional Interest
Period or to convert a Eurodollar Loan into an ABR Loan, as the case may be), unless such declaration shall be subsequently withdrawn; and 
  

 67 

 (ii) such Lender may require that all outstanding Eurodollar Loans made by
it be converted to ABR Loans, in which event all such Eurodollar Loans shall be automatically converted to ABR Loans as of the effective date of such notice as provided in paragraph (b) below. 

In the event any Lender shall exercise its rights under (i) or (ii) above, all payments and prepayments of principal that would otherwise have
been applied to repay the Eurodollar Loans that would have been made by such Lender or the converted Eurodollar Loans of such Lender shall instead be applied to repay the ABR Loans made by such Lender in lieu of, or resulting from the conversion of,
such Eurodollar Loans. Any such conversion of a Eurodollar Loan under (i) above shall be subject to Section 2.16. 

(b) For purposes of this Section 2.15, a notice to the Borrower by any Lender shall be effective as to each Eurodollar Loan made by
such Lender, if lawful, on the last day of the Interest Period then applicable to such Eurodollar Loan; in all other cases such notice shall be effective on the date of receipt by the Borrower. 

Section 2.16 Indemnity. The Borrower shall indemnify each Lender against any loss or expense that such Lender may sustain or
incur as a consequence of (a) any event, other than a default by such Lender in the performance of its obligations hereunder, which results in (i) such Lender receiving or being deemed to receive any amount on account of the principal of
any Eurodollar Loan prior to the end of the Interest Period in effect therefor, (ii) the conversion of any Eurodollar Loan to an ABR Loan, or the conversion of the Interest Period with respect to any Eurodollar Loan, in each case other than on
the last day of the Interest Period in effect therefor or (iii) any Eurodollar Loan to be made by such Lender (including any Eurodollar Loan to be made pursuant to a conversion or continuation under Section 2.10) not being made after
notice of such Loan shall have been given by the Borrower hereunder (any of the events referred to in this clause being called a “Breakage Event”) or (b) any default in the making of any payment or prepayment required to be
made hereunder. In the case of any Breakage Event, such loss shall include an amount equal to the excess, as reasonably determined by such Lender, of (i) its cost of obtaining funds for the Eurodollar Loan that is the subject of such Breakage
Event for the period from the date of such Breakage Event to the last day of the Interest Period in effect (or that would have been in effect) for such Loan over (ii) the amount of interest likely to be realized by such Lender in redeploying
the funds released or not utilized by reason of such Breakage Event for such period. A certificate of any Lender setting forth any amount or amounts which such Lender is entitled to receive pursuant to this Section 2.16 shall be delivered to
the Borrower (with a copy to the Administrative Agent) and shall be conclusive absent manifest error. 
 Section 2.17
Pro Rata Treatment. Except as provided in Section 2.13 and below in this Section 2.17 with respect to Swingline Loans, subject to the express provisions of this Agreement which require, or permit, differing payments to be made to
non-Defaulting Lenders as opposed to Defaulting Lenders, and as required under Section 2.15, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans, each payment of the Commitment Fees,
each reduction of the Term Loan Commitments or the Revolving Credit Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the Lenders in accordance with
their respective applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). For purposes of determining the available Revolving Credit
Commitments 
  

 68 

 
of the Lenders at any time, each outstanding Swingline Loan shall be deemed to have utilized the Revolving Credit Commitments of the Lenders (including those Lenders which shall not have made
Swingline Loans) pro rata in accordance with such respective Revolving Credit Commitments. Each Lender agrees that in computing such Lender’s portion of any Borrowing to be made hereunder, the Administrative Agent may, in its discretion, round
each Lender’s percentage of such Borrowing to the next higher or lower whole dollar amount. 
 Section 2.18 Sharing
of Setoffs. Each Lender agrees that if it shall, through the exercise of a right of banker’s lien, setoff or counterclaim against the Borrower or any other Loan Party, or pursuant to a secured claim under Section 506 of Title 11 of the
United States Code or other security or interest arising from, or in lieu of, such secured claim, received by such Lender under any applicable bankruptcy, insolvency or other similar law or otherwise, or by any other means, obtain payment (voluntary
or involuntary) in respect of any Loan or Loans or L/C Disbursement as a result of which the unpaid principal portion of its Loans and participations in L/C Disbursements shall be proportionately less than the unpaid principal portion of the Loans
and participations in L/C Disbursements of any other Lender, it shall be deemed simultaneously to have purchased from such other Lender at face value, and shall promptly pay to such other Lender the purchase price for, a participation in the Loans
and L/C Exposure of such other Lender, so that the aggregate unpaid principal amount of the Loans and L/C Exposure and participations in Loans and L/C Exposure held by each Lender shall be in the same proportion to the aggregate unpaid principal
amount of all Loans and L/C Exposure then outstanding as the principal amount of its Loans and L/C Exposure prior to such exercise of banker’s lien, setoff or counterclaim or other event was to the principal amount of all Loans and L/C Exposure
outstanding prior to such exercise of banker’s lien, setoff or counterclaim or other event; provided, however, that (i) if any such purchase or purchases or adjustments shall be made pursuant to this Section 2.18 and the payment
giving rise thereto shall thereafter be recovered, such purchase or purchases or adjustments shall be rescinded to the extent of such recovery and the purchase price or prices or adjustment restored without interest, and (ii) the provisions of
this Section 2.18 shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a
participation in any of its Loans to any assignee or participant, other than to Holdings or any of its Affiliates (as to which the provisions of this Section 2.18 shall apply). The Borrower expressly consents to the foregoing arrangements and
agrees that any Lender holding a participation in a Loan or L/C Disbursement deemed to have been so purchased may exercise any and all rights of banker’s lien, setoff or counterclaim with respect to any and all moneys owing by the Borrower to
such Lender by reason thereof as fully as if such Lender had made a Loan directly to the Borrower in the amount of such participation. 

Section 2.19 Payments. (a) The Borrower shall make each payment (including principal of or interest on any Borrowing or
any L/C Disbursement or any Fees or other amounts) hereunder and under any other Loan Document not later than 12:00 (noon), New York City time, on the date when due in immediately available dollars, without setoff (except for setoff that is
attributable to withholding taxes, which is governed by Section 2.20), defense or counterclaim. Each such payment (other than (i) Issuing Bank Fees, which shall be paid directly to the Issuing Bank, and (ii) principal of and interest
on Swingline Loans, which shall be paid directly to the Swingline Lender except as otherwise provided in Section 2.22(e)) shall be made 

 

 69 

 
to the Administrative Agent at its offices at 1585 Broadway, New York, New York 10036 (or such other address from time to time specified in writing by the Administrative Agent to the Borrower).
All payments hereunder and under each other Loan Document shall be made in dollars. The Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following
receipt thereof. 
 (b) Except as otherwise expressly provided herein, whenever any payment (including principal of or interest
on any Borrowing or any Fees or other amounts) hereunder or under any other Loan Document shall become due, or otherwise would occur, on a day that is not a Business Day, such payment may be made on the next succeeding Business Day, and such
extension of time shall in such case be included in the computation of interest or Fees, if applicable. 
 Section 2.20
Taxes. (a) Except as provided in this Section 2.20, any and all payments by or on account of any obligation of the Borrower or any other Loan Party hereunder or under any other Loan Document shall be made free and clear of and
without deduction for any Taxes unless required by law; provided that if any Indemnified Taxes or Other Taxes are required to be withheld or deducted from such payments, then (i) the sum payable by the Borrower, or, as the case may be, the
other Loan Party shall be increased as necessary so that after all required deductions or withholding (including deductions or withholdings applicable to additional sums payable under this Section), the Administrative Agent, the Issuing Bank or such
Lender (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrower or such other Loan Party shall make (or cause to be made) such deductions and (iii) the Borrower or
such other Loan Party shall pay (or cause to be paid) the full amount deducted to the relevant Governmental Authority in accordance with applicable law. In addition, the Borrower or any other Loan Party hereunder shall pay (or cause to be paid) any
Other Taxes to the relevant Governmental Authority in accordance with applicable law. 
 (b) The Borrower shall indemnify the
Administrative Agent, the Issuing Bank and each Lender, within 10 days after written demand therefor, served upon the Borrower and/or the other Loan Party, for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent,
the Issuing Bank or such Lender, as the case may be, or any of their respective Affiliates, on or with respect to any payment by or on account of any obligation of the Borrower or any Loan Party hereunder or under any other Loan Document (including
Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section), together with any penalties, interest and expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or
Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A reasonably detailed certificate as to the amount of such payment or liability shall be delivered to the Borrower by a Lender, or the Issuing Bank or
by the Administrative Agent on its behalf or on behalf of a Lender or Issuing Bank. The Borrower shall not be under any obligation to compensate the Administrative Agent and each Lender and Issuing Bank for any penalties or interest, if the notice
thereof has not been provided to the Borrower within 270 days after the payment of such taxes. 
 (c) As soon as practicable
after any payment of Indemnified Taxes or Other Taxes pursuant to Section 2.20(a), and in any event within 30 days of any such payment (or, if receipts or evidence are not available within thirty (30) days, as soon as possible thereafter),
the 
  

 70 

 
Borrower shall deliver (or cause to be delivered) to the Administrative Agent the original or a copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the
return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (d) If
the Borrower reasonably believes that such Indemnified Taxes or Other Taxes (which have been grossed-up pursuant to clause (a) above or indemnified for pursuant to clause (b) above) were not correctly or reasonably asserted, the
Administrative Agent, Issuing Bank or Lender will use their reasonable efforts to cooperate with the Borrower, and shall procure that reasonable assistance is provided to the Borrower, to obtain a refund of such Indemnified Taxes or Other Taxes
(which shall be repaid to Borrower in accordance with this Section 2.20(d) net of any expenses and other costs reasonably incurred by the Lender, the Issuing Bank or the Administrative Agent) so long as such efforts would not, in the sole good
faith determination of such Administrative Agent, the Issuing Bank or Lender, result in any additional costs, expenses or risks or be otherwise disadvantageous to it. If any Lender, the Issuing Bank or the Administrative Agent (i) obtains a
refund in respect of an amount paid by the Borrower to any Governmental Authority and a gross up has been paid pursuant to Section 2.20(a) or for an amount for which indemnification was received by any Lender, the Issuing Bank or the
Administrative Agent pursuant to Section 2.20(b), then such Lender, Issuing Bank or the Administrative Agent shall promptly pay to Borrower the amount of the refund (and any interest paid by the Governmental Authority with respect thereto), net
of all reasonable and allocable out-of-pocket expense of such Lender, Issuing Bank or the Administrative Agent incurred in obtaining such refund as is determined by the Administrative Agent, the Issuing Bank or such Lender, as the case may be, in
its reasonable discretion, and as will leave the Administrative Agent, the Issuing Bank, or such Lender in no worse position than it would be in if no such Taxes had been imposed or (ii) determines that it is entitled to receive a refund in
respect of any amount paid by the Borrower to any Governmental Authority pursuant to Section 2.20(a) or for an amount for which indemnification was received by any Lender, Issuing Bank or the Administrative Agent pursuant to
Section 2.20(b), then such Lender, Issuing Bank or the Administrative Agent shall use its commercially reasonable efforts to receive such refund and upon receipt of any such refund shall promptly remit such refund as provided in
Section 2.20(d)(i); provided that the Borrower, upon the request of the Administrative Agent, the Issuing Bank or such Lender agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by the
relevant Governmental Authority), net of any reasonable incremental additional costs, to the Administrative Agent, the Issuing Bank or such Lender in the event the Administrative Agent or such Lender is required to repay such refund to such
Governmental Authority. This section shall not be construed to require any Lender, Issuing Bank or the Administrative Agent to make available its Tax returns (or any other information it deems confidential) to the Borrower or any other Person.

 (e) Notwithstanding any other provision of this clause (e), a Lender, Issuing Bank, or Administrative Agent shall not be
required to deliver any form pursuant to this clause (e) that such Lender, Issuing Bank, or Administrative Agent is not legally able to deliver. Without limiting the foregoing: 

(i) Each Lender, Issuing Bank, and Administrative Agent that is a United States person, as defined in
Section 7701(a)(30) of the Tax Code, shall deliver to the 
  

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Borrower and the Administrative Agent, on or before the date it becomes a party to this Agreement, and at such times as are reasonably requested by the Borrower or the Administrative Agent, two
properly completed and duly signed original copies of Internal Revenue Service Form W-9, or any successor form, certifying that such Lender, Issuing Bank, and Administrative Agent is exempt from United States federal back-up withholding. 

(ii) Each Foreign Lender shall deliver to the Borrower and the Administrative Agent, on or before the date it becomes a
party to this Agreement and at such times as are reasonably requested by the Borrower or the Administrative Agent, whichever of the following is applicable: 

(a) two properly completed and duly signed original copies of Internal Revenue Service Form W-8BEN (or any successor
forms) claiming eligibility for the benefits of an income tax treaty to which the United States is a party, and such other documentation as required under the Tax Code, 

(b) two properly completed and duly signed original copies of Internal Revenue Service Form W-8ECI (or any successor
forms), 
 (c) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest
under Section 871(h) or 881(c) of the Tax Code, (i) a “Non-Bank Certificate” in the form of Exhibit G and (ii) two properly completed and duly signed original copies of Internal Revenue Service Form W-8BEN, or 

(d) to the extent a Foreign Lender is not the beneficial owner (for example, where the Foreign Lender is a partnership),
or is a participant holding a participation granted by a participating Lender, Internal Revenue Service Form W-8IMY (or any successor forms) of the Foreign Lender, accompanied by a Form W-8ECI, Form W-8BEN, Non-Bank Certificate, Form W-9, Form
W-8IMY or any other required information from each beneficial owner, as applicable (provided that, if one or more beneficial owners are claiming the portfolio interest exemption, the Non-Bank Certificate may be provided by such Foreign Lender on
behalf of such beneficial owner). Each Foreign Lender shall deliver to the Borrower and the Administrative Agent two further original copies of any previously delivered form or certification (or any applicable successor form) on or before the date
that any such form or certification expires or becomes obsolete or inaccurate and promptly after the occurrence of any event requiring a change in the most recent form previously delivered by it to the Borrower or the Administrative Agent, or
promptly notify the Borrower and the Administrative Agent that it is unable to do so. Each Foreign Lender shall promptly notify the Borrower and the Administrative Agent at any time it determines that it is no longer in a position to provide any
previously delivered form or certification to the Borrower or the Administrative Agent. 
  

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 (f) To the extent legally able to do so, each Lender, Issuing Bank and Administrative Agent
shall deliver the Tax Confirmation (substantially in the form attached hereto as Exhibit N) to the Borrower and the Administrative Agent, on or before the date of the first interest payment pursuant to this Agreement, and at such times as are
reasonably requested by the Borrower or the Administrative Agent. Each Lender shall promptly notify the Borrower and the Administrative Agent if there is any change in the position from that set out in the Tax Confirmation, provided, however, that
no such Tax Confirmation shall be required with respect to any Lender that becomes a party to this Agreement after the Final Debt Assumption has been completed. Each Lender and Issuing Bank acknowledges that the Borrower and the Administrative Agent
will be relying upon the valid and subsisting Tax Confirmation provided by each Lender, Issuing Bank, and Administrative Agent. For the avoidance of doubt, if a Lender is not an Irish Qualifying Lender and provides a Tax Confirmation with respect to
its status as such in accordance with this clause (f), the Lender shall be entitled to the benefits of clause (a) and clause (b) above with respect to any Irish withholding taxes imposed on any payments hereunder. 

(g) Each Lender, Issuing Bank, and Administrative Agent shall, whenever a lapse in time or change in circumstances renders the
documentation provided pursuant to Section 2.20(e) obsolete or inaccurate in any material respect, deliver promptly to the Borrower and the Administrative Agent updated or other appropriate documentation (including any new documentation
reasonably requested by the Borrower or the Administrative Agent) or promptly notify the Borrower and the Administrative Agent of its inability to do so. 

(h) 
 (i)
Notwithstanding anything to the contrary in this Agreement, the Borrower agrees to indemnify on the terms and conditions described below on an after-tax basis each Lender that gives proper notice as described below from and against any U.S. federal
income Taxes imposed on such Lender that are attributable to the Intermediate Debt Assumption and/or the Final Debt Assumption (the “Push Down Tax”), provided, however, that if the Initial Borrower shall have received an opinion of
Ernst & Young (which opinion shall be reasonably satisfactory to the Administrative Agent) prior to the Initial Funding Date to the effect that it is more likely than not that the Intermediate Debt Assumption and the Final Debt Assumption,
either alone or together, will not result in an exchange (or a deemed exchange) of any of the Loans for U.S. federal income tax purposes, then the Borrower shall only be required to indemnify a Lender for the Push Down Tax in the event that such
Lender files its U.S. federal income Tax returns on the basis that the Intermediate Debt Assumption and the Final Debt Assumption do not result in the recognition of taxable income or gain for U.S. federal income tax purposes (unless a contrary
position is required as a result of an audit or similar proceeding). Nothing in this Agreement shall require any Lender to take a position on any specific basis, and each Lender shall determine its tax position with respect to the Intermediate Debt
Assumption and the Final Debt Assumption in its discretion. 
  

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 (ii) The amount of the Push Down Tax shall equal the excess, if any, of (i) U.S.
federal income Taxes imposed on such Lender for the taxable year of the Intermediate Debt Assumption and/or the Final Debt Assumption over (ii) the amount of U.S. federal income Taxes that would have been imposed on such Lender for such taxable
year had the Intermediate Debt Assumption and/or the Final Debt Assumption not taken place. If the Lender is entitled to an indemnity pursuant to Section 2.20(h)(i), then any and all reasonable expenses incurred by a Lender in connection with
defending its tax return position associated with the Push Down Tax shall be borne by the Borrower, so long as the Borrower is given a proper notice and opportunity to participate and control the resolution of any disputes relating to the Push Down
Tax; provided that in the event the direct control by the Borrower may significantly interfere with other tax matters relating to the relevant Lender, the Lender may control the process with consultation with the Borrower, with the Lender and the
Borrower each bearing their own respective expenses (other than any reasonable expenses incurred by the Lender in carrying out specific actions at the request of the Borrower, which shall be borne by the Borrower); provided, further, that the Lender
shall not settle any dispute relating to the Push Down Tax without the Borrower’s consent, which shall not be unreasonably withheld. 

(iii) A Lender seeking payment under clause (h) shall give written notice to the Borrower setting forth in reasonable detail
(i) the basis for seeking such payment and (ii) the computation of the amount of the Push Down Tax for which an indemnity is sought pursuant to this clause (h). 

(iv) In the event a Lender that has received a payment under this clause (h) actually realizes a refund, credit or other tax benefit
(whether by way of reduction in otherwise taxable income, deduction, allocation or apportionment of income or otherwise) that it would not otherwise have realized without the Intermediate Debt Assumption and/or the Final Debt Assumption, it shall
promptly pay to the Borrower an amount equal to such benefit, provided that the determination that a Lender has realized any such refund, credit or other benefit shall be made in the Lender’s reasonable judgment and in good faith. In addition,
nothing herein shall require any Person to disclose any of its tax returns to the Borrower or any agent of the Borrower. 
 (i)
Without prejudice to the survival of any other agreement of the Borrower hereunder, the agreements and obligations of the Borrower contained in this Section 2.20 shall survive the payment in full of all amounts due hereunder. 

(j) An Irish Treaty Lender and the Borrower which makes a payment to which that Irish Treaty Lender is entitled shall reasonably
co-operate in completing any procedural formalities necessary for the Borrower to obtain authorization to make that payment without any Irish withholding Tax that would otherwise be imposed; provided, however, that an Irish Treaty Lender shall not
be obligated to provide any cooperation or comply with any procedural formalities if doing so would be more onerous or burdensome than the procedure normally required for a United States person (within the meaning of Section 7701(a)(30) of the
Tax Code) in connection with providing Internal Revenue Service Form 6166. 
  

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 (k) If the Borrower pays an additional amount or makes an indemnity payment pursuant to
clause (a) or (b) above with respect to Irish Taxes and the relevant Lender determines that: 
 (i) a Tax Credit is
attributable to such additional amount or indemnity payment; and 
 (ii) the relevant Lender has obtained, utilized or retained
the Tax Credit, 
 the relevant Lender shall pay an amount to the Borrower which that Lender determines will leave it (after
that payment) in the same after-Tax position as it would have been in had the additional amount or indemnity payment not been required to be made by the Borrower. 

Section 2.21 Assignment of Commitments Under Certain Circumstances; Duty to Mitigate. (a) In the event (i) any
Lender or the Issuing Bank delivers a certificate requesting compensation pursuant to Section 2.14, (ii) any Lender or the Issuing Bank delivers a notice described in Section 2.15, (iii) the Borrower is required to pay any
additional amount to any Lender or the Issuing Bank or any Governmental Authority on account of any Lender or the Issuing Bank pursuant to Section 2.20 or (iv) any Lender does not consent to a proposed amendment, modification or waiver of
this Agreement requested by the Borrower which requires the consent of all of the Lenders, each affected Lender or all of the Lenders under any Facility to become effective (and which is approved by at least the Required Lenders), the Borrower may,
at its sole expense and effort (including with respect to the processing and recordation fee referred to in Section 9.04(b)), upon notice to such Lender or the Issuing Bank and the Administrative Agent, require such Lender or the Issuing Bank
to transfer and assign, without recourse (in accordance with and subject to the restrictions contained in Section 9.04), all of its interests, rights and obligations under this Agreement in respect of its Term Loans and/or its Revolving Loans
(including its Revolving Credit Commitment) to an assignee that shall assume such assigned obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (x) such assignment shall not conflict with any
law, rule or regulation or order of any court or other Governmental Authority having jurisdiction, (y) solely with respect to replacements of Lenders pursuant to clauses (i), (ii) or (iii) of this Section, the Borrower shall have
received the prior written consent of the Administrative Agent (and, if a Revolving Credit Commitment is being assigned, of the Issuing Bank and the Swingline Lender), which consent shall not unreasonably be withheld or delayed, and (z) the
Borrower or such assignee shall have paid to the affected Lender or the Issuing Bank in immediately available funds an amount equal to the sum of the principal of and interest accrued to the date of such payment on the outstanding Loans or L/C
Disbursements of such Lender or the Issuing Bank, respectively, with respect to its interests being assigned hereunder plus all Fees and other amounts accrued for the account of such Lender or the Issuing Bank hereunder (including any amounts under
Section 2.14 and Section 2.16); provided further that, if prior to any such transfer and assignment the circumstances or event that resulted in such Lender’s or the Issuing Bank’s claim for compensation under Section 2.14 or
notice under Section 2.15 or the amounts paid pursuant to Section 2.20, as the case may be, cease to cause such Lender or the Issuing Bank to suffer increased costs or reductions in amounts received or receivable or reduction in return on
capital, or cease to have the consequences specified in Section 2.15, or cease to result in amounts being payable under Section 2.20, as the case may be (including as a result of any action taken by such Lender or the Issuing Bank pursuant
to paragraph (b) below), or if such Lender or the Issuing Bank shall waive its right to claim further compensation under Section 2.14 in respect of such circumstances or event or shall withdraw its notice under Section 2.15 or shall
waive its right to further payments under Section 2.20 in respect of such circumstances or event, as the case may 

 

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be, then such Lender or the Issuing Bank shall not thereafter be required to make any such transfer and assignment hereunder. In connection with any such replacement, upon receipt by such
replaced Lender of all amounts specified above in connection with its assigned interests, such replaced Lender shall be deemed to have executed and delivered an Assignment and Acceptance and the assignment by such replaced Lender shall be
automatically effective. 
 (b) If (i) any Lender, the Administrative Agent or the Issuing Bank shall request compensation
under Section 2.14, (ii) any Lender or the Issuing Bank delivers a notice described in Section 2.15 or (iii) the Borrower is required to pay any additional amount to any Lender, the Administrative Agent or the Issuing Bank or any
Governmental Authority on account of any Lender or the Issuing Bank, pursuant to Section 2.20, then such Lender or the Issuing Bank shall use reasonable efforts (which shall not require such Lender or the Issuing Bank to incur an unreimbursed
loss or unreimbursed cost or expense or otherwise take any action inconsistent with its internal policies or legal or regulatory restrictions or suffer any disadvantage or burden deemed by it to be significant) (x) to file any certificate or
document reasonably requested in writing by the Borrower or (y) to assign its rights and delegate and transfer its obligations hereunder to another of its offices, branches or affiliates, if such filing or assignment would reduce its claims for
compensation under Section 2.14 or enable it to withdraw its notice pursuant to Section 2.15 or would reduce amounts payable pursuant to Section 2.20, as the case may be, in the future. The Borrower hereby agrees to pay all reasonable
costs and expenses incurred by any Lender or the Issuing Bank in connection with any such filing or assignment, delegation and transfer. 

Section 2.22 Swingline Loans. (a) Swingline Commitment. Subject to the terms and conditions hereof and relying
upon the representations and warranties set forth herein, the Swingline Lender agrees to make loans to the Borrower, at any time and from time to time after the Initial Funding Date, and until the earlier of the Revolving Credit Maturity Date and
the termination of the Revolving Credit Commitments in accordance with the terms hereof, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of all Swingline Loans exceeding
$5,000,000 in the aggregate or (ii) the Aggregate Revolving Credit Exposure, after giving effect to any Swingline Loan, exceeding the Total Revolving Credit Commitment. Each Swingline Loan shall be in a principal amount that is an integral
multiple of $100,000. The Swingline Commitment may be terminated or reduced from time to time as provided herein. Within the foregoing limits, the Borrower may borrow, pay or prepay and reborrow Swingline Loans hereunder, subject to the terms,
conditions and limitations set forth herein. 
 (b) Swingline Loans. The Borrower shall notify the Administrative Agent
by fax, or by telephone (confirmed by fax), not later than 10:00 a.m., New York City time, on the day of a proposed Swingline Loan to be made to it. Such notice shall be delivered on a Business Day, shall be irrevocable and shall refer to this
Agreement and shall specify the requested date (which shall be a Business Day) and amount of such Swingline Loan. The Administrative Agent will promptly advise the Swingline Lender of any notice received from the Borrower pursuant to this paragraph
(b). The Swingline Lender shall make each Swingline Loan available to the Borrower by means of a credit to the general deposit account of the Borrower as directed in such notice of proposed Swingline Loan from Borrower to Administrative Agent by
3:00 p.m., New York City time, on the date such Swingline Loan is so requested. 
  

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 (c) Prepayment. The Borrower shall have the right at any time and from time to time
to prepay any Swingline Loan, in whole or in part, upon giving written or fax notice (or telephone notice promptly confirmed by written or fax notice) to the Swingline Lender and to the Administrative Agent before 12:00 (noon), New York City time,
on the date of prepayment at the Swingline Lender’s address for notices specified in the Administrative Questionnaire delivered by the Swingline Lender. All principal payments of Swingline Loans shall be accompanied by accrued interest on the
principal amount being repaid to the date of payment. 
 (d) Interest. Each Swingline Loan shall be an ABR Loan and,
subject to the provisions of Section 2.07, shall bear interest as provided in Section 2.06(a). 
 (e)
Participations. The Swingline Lender may, by written notice given to the Administrative Agent not later than 10:00 a.m., New York City time, on any Business Day, require the Revolving Credit Lenders to acquire participations on such Business
Day in all or a portion of the Swingline Loans outstanding. Such notice shall specify the aggregate amount of Swingline Loans in which Revolving Credit Lenders will participate. The Administrative Agent will, promptly upon receipt of such notice,
give notice to each Revolving Credit Lender, specifying in such notice such Lender’s Pro Rata Percentage of such Swingline Loan or Loans. In furtherance of the foregoing, each Revolving Credit Lender hereby absolutely and unconditionally
agrees, upon receipt of notice as provided above, to pay to the Administrative Agent, for the account of the Swingline Lender, such Revolving Credit Lender’s Pro Rata Percentage of such Swingline Loan or Loans. Each Revolving Credit Lender
acknowledges and agrees that its obligation to acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional and shall not be affected by any circumstance, whatsoever, including the occurrence and continuance of
a Default or an Event of Default, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each Revolving Credit Lender shall comply with its obligation under this paragraph by wire transfer of
immediately available funds, in the same manner as provided in Section 2.02(c) with respect to Loans made by such Lender (and Section 2.02(c) shall apply, mutatis mutandis, to the payment obligations of the Lenders under this Section) and
the Administrative Agent shall promptly pay to the Swingline Lender the amounts so received by it from the Lenders. The Administrative Agent shall notify the Borrower of any participations in any Swingline Loan acquired pursuant to this paragraph
and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to the Swingline Lender. Any amounts received by the Swingline Lender from the Borrower (or other party on behalf of the Borrower) in respect
of a Swingline Loan after receipt by the Swingline Lender of the proceeds of a sale of participations therein shall be promptly remitted to the Administrative Agent; any such amounts received by the Administrative Agent shall be promptly remitted by
the Administrative Agent to the Lenders that shall have made their payments pursuant to this paragraph and to the Swingline Lender, as their interests may appear. The purchase of participations in a Swingline Loan pursuant to this paragraph shall
not relieve the Borrower (or other party liable for obligations of the Borrower) of any default in the payment thereof. 
 (f)
Mandatory Borrowings. The Swingline Lender may by written notice given to the Administrative Agent not later than 1:00 p.m., New York City time, on any Business Day, in its sole discretion, require that the Swingline Lender’s
outstanding Swingline Loans shall be funded with one or more Borrowings of Revolving Loans; provided that such notice shall be deemed to 

 

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have been automatically given upon the occurrence of a Default or an Event of Default under Section 7.01(g) or (h) or upon the exercise of any of the remedies provided in the last
paragraph of Section 7.01, in which case one or more Borrowings of Revolving Loans constituting ABR Loans (each such Borrowing, a “Mandatory Borrowing”) shall be made on the immediately succeeding Business Day by all Revolving
Credit Lenders based on their Pro Rata Percentage and the proceeds thereof shall be applied directly by the Administrative Agent to repay the Swingline Lender for such outstanding Swingline Loans. Each Revolving Credit Lender hereby irrevocably,
absolutely and unconditionally, agrees to make Revolving Loans upon one Business Day’s notice pursuant to each Mandatory Borrowing in the amount and in the manner specified in the preceding sentence and on the date specified in writing by the
Swingline Lender. Each Revolving Credit Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.02(c) with respect to Loans made by such Lender
(and Section 2.02(c) shall apply, mutatis mutandis, to the payment obligations of the Lenders) and the Administrative Agent shall promptly pay to the Swingline Lender the amounts so received by it from the Lenders. The Administrative
Agent shall notify the Borrower of any Mandatory Borrowing made pursuant to this paragraph. Any amounts received by the Swingline Lender from the Borrower (or other Person on behalf of the Borrower) in respect of a Swingline Loan after receipt by
the Swingline Lender of the proceeds of a Mandatory Borrowing shall be promptly remitted to the Administrative Agent; any such amounts received by the Administrative Agent shall be promptly remitted by the Administrative Agent to the Revolving
Credit Lenders that shall have funded their obligations pursuant to this paragraph and to the Swingline Lender, as their interests may appear. The refinancing of a Swingline Loan with a Mandatory Borrowing pursuant to this paragraph shall not
relieve the Borrower (or other Person liable for obligations of the Borrower) of any default in the payment of such Mandatory Borrowing. Mandatory Borrowings shall be made upon the notice specified in above, with the Borrower irrevocably agreeing,
by its incurrence of any Swingline Loan, to the making of the Mandatory Borrowings as set forth in this Section 2.22(f). 

(g) Extensions. If the Revolving Credit Maturity Date shall have occurred in respect of any tranche of Revolving Credit
Commitments at a time when another tranche or tranches of Revolving Credit Commitments is or are in effect with a longer Revolving Credit Maturity Date, then on the earliest occurring Revolving Credit Maturity Date all then outstanding Swingline
Loans shall be repaid in full on such date (and there shall be no adjustment to the participations of the Revolving Credit Lenders therein as a result of the occurrence of such Revolving Credit Maturity Date); provided, however, that if on the
occurrence of such earliest Revolving Credit Maturity Date (after giving effect to any repayments of Revolving Loans and any reallocation of Letter of Credit participations as contemplated in Section 2.24(l)), there shall exist sufficient
unutilized Extended Revolving Credit Commitments so that the respective outstanding Swingline Loans could be incurred pursuant the Extended Revolving Credit Commitments which will remain in effect after the occurrence of such Revolving Credit
Maturity Date, then there shall be an automatic adjustment on such date of the participations in such Swingline Loans and the same shall be deemed to have been incurred solely pursuant to the relevant Extended Revolving Credit Commitments, and such
Swingline Loans shall not be so required to be repaid in full on such earliest Revolving Credit Maturity Date. 
  

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 Section 2.23 Letters of Credit. (a) General. Subject to the terms
and conditions hereof, the Borrower may request the issuance of a Letter of Credit at any time and from time to time after the Initial Funding Date while the Revolving Credit Commitments remain in effect (but no later than 30 days prior to the
Revolving Credit Maturity Date) for its own account or for the account of any Restricted Subsidiary (in which case the Borrower and such Restricted Subsidiary shall be co-applicants with respect to such Letter of Credit), in a form reasonably
acceptable to the Administrative Agent and the Issuing Bank. This Section shall not be construed to impose an obligation upon the Issuing Bank to issue any Letter of Credit that is inconsistent with the terms and conditions of this Agreement.
Letters of Credit shall be denominated in dollars. Notwithstanding anything else to the contrary in any Letter of Credit application, in the event of any conflict between the terms hereof and the terms of any Letter of Credit application, the terms
hereof shall control. 
 (b) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. In order to request
the issuance of a Letter of Credit (or to amend, renew or extend an existing Letter of Credit), the Borrower shall hand deliver or fax to the Issuing Bank and the Administrative Agent (no less than three Business Days (or such shorter period of time
acceptable to the Issuing Bank) in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, the date
of issuance, amendment, renewal or extension, the date on which such Letter of Credit is to expire (which shall comply with paragraph (c) below), the amount of such Letter of Credit, the name and address of the beneficiary thereof and such
other information as shall be necessary to prepare such Letter of Credit. A Letter of Credit shall be issued, amended, renewed or extended only if, and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be
deemed to represent and warrant that, after giving effect to such issuance, amendment, renewal or extension (i) the L/C Exposure shall not exceed $20,000,000 and (ii) the Aggregate Revolving Credit Exposure shall not exceed the Total
Revolving Credit Commitment. 
 (c) Expiration Date. Each Letter of Credit shall expire at the close of business on the
earlier of (i) the date one year after the date of the issuance of such Letter of Credit and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date, unless such Letter of Credit expires by its terms on an
earlier date; provided, however, that a Letter of Credit may, upon the request of the Borrower, include a provision whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of 12 months or less (but not beyond
the date that is five Business Days prior to the Revolving Credit Maturity Date) unless the Issuing Bank notifies the beneficiary thereof at least 30 days prior to the then-applicable expiration date that such Letter of Credit will not be renewed.

 (d) Participations. By the issuance of a Letter of Credit and without any further action on the part of the Issuing
Bank or the Lenders, the Issuing Bank hereby grants to each Revolving Credit Lender, and each such Lender hereby acquires from the Issuing Bank, a participation in such Letter of Credit equal to such Lender’s Pro Rata Percentage of the
aggregate amount available to be drawn under such Letter of Credit, effective upon the issuance of such Letter of Credit. In consideration and in furtherance of the foregoing, each Revolving Credit Lender hereby absolutely and unconditionally agrees
to pay to the Administrative Agent, for the account of the Issuing Bank, such Lender’s Pro Rata Percentage of each L/C Disbursement made by the Issuing Bank and not reimbursed by the Borrower (or, if applicable, another party pursuant to its
obligations under any other Loan Document) forthwith on the date due as provided in Section 
  

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2.02(f). Each Revolving Credit Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and
unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or an Event of Default, and that each such payment shall be made without any offset, abatement, withholding or reduction
whatsoever. 
 (e) Reimbursement. If the Issuing Bank shall make any L/C Disbursement in respect of a Letter of Credit,
the Borrower shall pay to the Administrative Agent an amount equal to such L/C Disbursement within one (1) Business Day after the Borrower shall have received notice from the Issuing Bank that payment of such draft will be made, or, if the
Borrower shall have received such notice later than 10:00 a.m., New York City time, on any Business Day, not later than 10:00 a.m., New York City time, on the immediately following Business Day. 

(f) Obligations Absolute. The Borrower’s joint and several obligations to reimburse L/C Disbursements as provided in
paragraph (e) above shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement, under any and all circumstances whatsoever, and irrespective of: 

(i) any lack of validity or enforceability of any Letter of Credit or any Loan Document, or any term or provision therein;

 (ii) any amendment or waiver of, or any consent to departure from, all or any of the provisions of any Letter
of Credit or any Loan Document; 
 (iii) the existence of any claim, setoff, defense or other right that the
Borrower, any other party guaranteeing, indemnifying or otherwise obligated with, the Borrower, any subsidiary or other Affiliate thereof or any other Person may at any time have against the beneficiary under any Letter of Credit, the Issuing Bank,
the Administrative Agent or any Lender or any other Person, whether in connection with this Agreement, any other Loan Document or any other related or unrelated agreement or transaction; 

(iv) any draft or other document presented under a Letter of Credit proving to be forged, fraudulent, invalid or
insufficient in any respect or any statement therein being untrue or inaccurate in any respect; 
 (v) payment by
the Issuing Bank under a Letter of Credit against presentation of a draft or other document that does not comply with the terms of such Letter of Credit; and 

(vi) any other act or omission to act or delay of any kind of the Issuing Bank, any Lender, the Administrative Agent or
any other Person or any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or equitable discharge of the Borrower’s obligations
hereunder. 
 Without limiting the generality of the foregoing, it is expressly understood and agreed that the absolute and
unconditional obligation of the Borrower hereunder to reimburse L/C Disbursements will not be excused by the gross negligence or willful misconduct of the Issuing 

 

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Bank. However, the foregoing shall not be construed to excuse the Issuing Bank from liability to the Borrower to the extent of any direct damages (as opposed to consequential damages, claims in
respect of which are hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are caused by the Issuing Bank’s gross negligence or willful misconduct in determining whether drafts and other
documents presented under a Letter of Credit comply with the terms thereof; it is understood that the Issuing Bank may accept documents that appear on their face to be in order, without responsibility for further investigation, regardless of any
notice or information to the contrary and, in making any payment under any Letter of Credit (i) the Issuing Bank’s exclusive reliance on the documents presented to it under such Letter of Credit as to any and all matters set forth therein,
including reliance on the amount of any draft presented under such Letter of Credit, whether or not the amount due to the beneficiary thereunder equals the amount of such draft and whether or not any document presented pursuant to such Letter of
Credit proves to be insufficient in any respect, if such document on its face appears to be in order, and whether or not any other statement or any other document presented pursuant to such Letter of Credit proves to be forged or invalid or any
statement therein proves to be inaccurate or untrue in any respect whatsoever and (ii) any noncompliance in any immaterial respect of the documents presented under such Letter of Credit with the terms thereof shall, in each case, be deemed not
to constitute willful misconduct or gross negligence of the Issuing Bank. 
 (g) Disbursement Procedures. The Issuing
Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The Issuing Bank shall as promptly as possible give telephonic notification, confirmed by fax, to the
Administrative Agent and the Borrower of such demand for payment and whether the Issuing Bank has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of
its obligation to reimburse the Issuing Bank and the applicable Lenders with respect to any such L/C Disbursement. The Administrative Agent shall promptly give each Revolving Credit Lender notice thereof. 

(h) Interim Interest. If the Issuing Bank shall make any L/C Disbursement in respect of a Letter of Credit, then, unless the
Borrower shall reimburse such L/C Disbursement in full on such date, the unpaid amount thereof shall bear interest for the account of the Issuing Bank, for each day from and including the date of such L/C Disbursement to but excluding the earlier of
the date of payment by the Borrower or the date on which interest shall commence to accrue thereon as provided in Section 2.02(f), at the rate per annum that would apply to such amount if such amount were an ABR Revolving Loan. 

(i) Resignation or Removal of the Issuing Bank. The Issuing Bank may resign at any time by giving 30 days’ prior written
notice to the Administrative Agent, the Lenders and the Borrower. In addition, the Issuing Bank shall be required to resign upon thirty (30) days’ prior notice from the Required Lenders and the Borrower to the Administrative Agent. Subject
to the next succeeding paragraph, upon the acceptance of any appointment as the Issuing Bank hereunder by a Lender that shall agree to serve as successor Issuing Bank, such successor shall succeed to and become vested with all the interests, rights
and obligations of the retiring or removed Issuing Bank and the retiring or removed Issuing Bank shall be discharged from its obligations to issue additional Letters of Credit hereunder. At the time such removal or

  

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resignation shall become effective, the Borrower shall pay all accrued and unpaid fees pursuant to Section 2.05(c)(ii). The acceptance of any appointment as the Issuing Bank hereunder by a
successor Lender shall be evidenced by an agreement entered into by such successor, in a form satisfactory to the Borrower and the Administrative Agent, and, from and after the effective date of such agreement, (i) such successor Lender shall
have all the rights and obligations of the previous Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents to the term “Issuing Bank” shall be deemed to refer to such
successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the resignation or removal of the Issuing Bank hereunder, the retiring Issuing Bank shall remain a party hereto and
shall continue to have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents with respect to Letters of Credit issued by it prior to such resignation or removal, but shall not be required to issue
additional Letters of Credit. 
 (j) Cash Collateralization. If any Event of Default shall occur and be continuing, the
Borrower shall, on the Business Day the Borrower receives notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, Revolving Credit Lenders representing greater than 50% of the total L/C
Exposure) thereof and of the amount to be deposited, deposit in an account with the Collateral Agent, for the ratable benefit of the Revolving Credit Lenders, an amount in cash equal to the L/C Exposure as of such date. Such deposit shall be held by
the Collateral Agent as collateral for the payment and performance of the obligations of the Borrower under this Agreement. The Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such
account. Other than any interest earned on the investment of such deposits in Permitted Investments, which investments shall be made at the option and sole discretion of the Collateral Agent, such deposits shall not bear interest. Interest or
profits, if any, on such investments shall accumulate in such account. Moneys in such account shall (i) automatically be applied by the Administrative Agent to reimburse the Issuing Bank for L/C Disbursements for which it has not been
reimbursed, (ii) be held for the satisfaction of the reimbursement obligations of the Borrower for the L/C Exposure at such time and (iii) if the maturity of the Loans has been accelerated (but subject to the consent of Revolving Credit
Lenders representing greater than 50% of the total L/C Exposure), be applied to satisfy the Obligations. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount
(to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default have been cured or waived. If any Letter of Credit is outstanding on the Revolving Credit Maturity Date, the Borrower
shall either cause such Letter of Credit to be returned to the Issuing Bank on the Revolving Credit Maturity Date or cash collateralize such Letter of Credit in a manner reasonably satisfactory to the Issuing Bank. 

(k) Additional Issuing Banks. The Borrower may, at any time and from time to time with the consent of the Administrative Agent
(which consent shall not be unreasonably withheld) and such Lender, designate one or more additional Lenders to act as an issuing bank under the terms of the Agreement. Any Lender designated as an issuing bank pursuant to this paragraph shall be
deemed to be an “Issuing Bank” (in addition to being a Lender) in respect of Letters of Credit issued or to be issued by such Lender, and, with respect to such Letters of Credit, such term shall thereafter apply to the other Issuing Bank
and such Lender. 
  

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 (l) Extensions. If the Revolving Credit Maturity Date in respect of any tranche of
Revolving Credit Commitments occurs prior to the expiration of any Letter of Credit, then (i) if one or more other tranches of Revolving Credit Commitments in respect of which the Revolving Credit Maturity Date shall not have occurred are then
in effect, such Letters of Credit shall automatically be deemed to have been issued (including for purposes of the obligations of the Revolving Credit Lenders to purchase participations therein) under (and ratably participated in by Revolving Credit
Lenders pursuant to) the Revolving Credit Commitments in respect of such non-terminating tranches up to an aggregate amount not to exceed the aggregate principal amount of the unutilized Revolving Credit Commitments thereunder at such time (it being
understood that no partial face amount of any Letter of Credit may be so reallocated) and (ii) to the extent not reallocated pursuant to immediately preceding clause (i) and unless provisions reasonably satisfactory to the applicable
Issuing Bank for the treatment of such Letter of Credit as a letter of credit under a successor credit facility have been agreed upon, the Borrower shall, on or prior to the Revolving Credit Maturity Date, cause all such Letters of Credit to be
replaced and returned to the applicable Issuing Bank undrawn and marked “cancelled” or to the extent that the Borrower is unable to so replace and return any Letter(s) of Credit, such Letter(s) of Credit shall be secured by a “back to
back” letter of credit reasonably satisfactory to the applicable Issuing Bank, or cash collateralized in an amount equal to the face amount of such Letter(s) of Credit by the deposit by the Borrower of cash in such amount into an account with
the Collateral Agent, for the ratable benefit of the Revolving Credit Lenders. Such cash shall be remitted to the Borrower upon the expiration, cancellation or other termination or satisfaction of all Obligations hereunder. Except to the extent of
reallocations of participations pursuant to clause (i) above, the occurrence of a Revolving Credit Maturity Date with respect to a given tranche of Revolving Credit Commitments shall have no effect upon (and shall not diminish) the percentage
participations of the Revolving Credit Lenders in any Letter of Credit issued before such Revolving Credit Maturity Date. 

Section 2.24 Increase in Commitments. 

(a) The Borrower may, by written notice to the Administrative Agent from time to time, request Incremental Term Loan Commitments from one
or more Incremental Term Lenders, all of which must be Eligible Assignees; provided that each Incremental Term Lender, if not already a Lender hereunder, shall be subject to the approval of the Borrower and the Administrative Agent (in each case not
to be unreasonably withheld or delayed). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum increments of $1,000,000 and a minimum amount of $5,000,000), (ii) the
date on which such Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice), and (iii) whether such Incremental Term Loan
Commitments are commitments to make additional Term Loans or commitments to make term loans with terms different from the Term Loans (“Other Term Loans”). The Borrower may, by written notice to the Administrative Agent from time to
time, request additional Revolving Credit Commitments from one or more Persons, all of which must be Eligible Assignees; provided that each Person providing an additional Revolving Credit Commitment, if not already a Lender hereunder, shall be
subject to the approval of the Swingline Lender, the Issuing Bank, the Borrower and the Administrative Agent (in each case not to be unreasonably withheld or delayed). Such notice shall set forth (i) the amount of the additional Revolving
Credit Commitments being requested (which shall be in minimum 
  

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increments of $1,000,000 and a minimum amount of $5,000,000), (ii) the date on which such additional Revolving Credit Commitments are requested to become effective (which shall not be less
than 10 Business Days nor more than 60 days after the date of such notice) and (iii) whether such additional Revolving Credit Commitments are to be treated as an increase to the original Revolving Credit Commitments or as a new
separate tranche of Revolving Credit Commitments. The Borrower may seek additional Revolving Credit Commitments from existing Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) and additional banks,
financial institutions and other institutional lenders who will become Revolving Credit Lenders in connection therewith. The Borrower and each Person providing an additional Revolving Credit Commitment shall execute and deliver to the Administrative
Agent an Additional Revolving Credit Commitment Assumption Agreement and such other documentation as the Administrative Agent shall reasonably specify to evidence the additional Revolving Credit Commitment of each such Person. Except as to amount,
interest rates and fees, the terms and provisions of additional Revolving Loans made under such Additional Revolving Credit Commitments shall be identical to those of the original Revolving Loans and original Revolving Credit Commitments hereunder
(in each case, such additional Revolving Credit Commitments and Revolving Loans made thereunder with different terms and provision than the original Revolving Loans and original Revolving Credit Commitments hereunder being an additional
“tranche” and an additional “Facility” hereunder). 
 (b) The Borrower may seek Incremental Term Loan
Commitments from existing Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) and additional banks, financial institutions and other institutional lenders who will become Incremental Term Lenders in
connection therewith. The Borrower and each Incremental Term Lender shall execute and deliver to the Administrative Agent an Incremental Term Loan Assumption Agreement and such other documentation as the Administrative Agent shall reasonably specify
to evidence the Incremental Term Loan Commitment of each Incremental Term Lender. The terms and provisions of the Incremental Term Loans shall be identical to those of the Term Loans except as otherwise set forth herein or in the Incremental Term
Loan Assumption Agreement. Without the prior written consent of the Required Lenders, (i) the final maturity date of any Other Term Loans shall be no earlier than the Term Loan Maturity Date and (ii) the average life to maturity of the
Other Term Loans shall be no shorter than the average life to maturity of the Term Loans. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Loan Assumption Agreement and each Additional
Revolving Credit Commitment Assumption Agreement. Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Term Loan Assumption Agreement or Additional Revolving Credit Commitment Assumption Agreement, notwithstanding
anything to the contrary in Section 9.08, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loan Commitment and the Incremental Term Loans
evidenced thereby or the additional Revolving Credit Commitment and the additional Revolving Loans evidenced thereby, as applicable, and the Administrative Agent and the Borrower may revise this Agreement to evidence such amendments. 

(c) Notwithstanding the foregoing, no Incremental Term Loan Commitment or additional Revolving Credit Commitment shall become effective
under this Section 2.24 unless (i) on the date of such effectiveness, the conditions set forth in paragraphs (b) and (c) of Section 4.01 shall be satisfied and the Administrative Agent shall have received a certificate to

  

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that effect dated such date and executed by a Financial Officer of the Borrower, (ii) except as otherwise specified in the applicable Incremental Term Loan Assumption Agreement or Additional
Revolving Credit Commitment Assumption Agreement, the Administrative Agent shall have received (with sufficient copies for each of the Incremental Term Lenders or Persons providing additional Revolving Credit Commitments, as applicable) legal
opinions, board resolutions and other closing certificates reasonably requested by the Administrative Agent and consistent with those delivered on the Commitment Effective Date under Section 4.02, (iii) no Event of Default or Default shall
have occurred and be continuing, and (iv) the Secured Leverage Ratio shall not exceed 3.25:1.00, and after giving pro forma effect to such Incremental Term Loan Commitment or additional Revolving Credit Commitment, as applicable. 

(d) Each of the parties hereto hereby agrees that the Administrative Agent may, in consultation with the Borrower, take any and all
action as may be reasonably necessary to ensure that all Incremental Term Loans (other than Other Term Loans), when originally made, are included in each Borrowing of outstanding Term Loans on a pro rata basis. This may be accomplished by requiring
each outstanding Eurodollar Term Borrowing to be converted into an ABR Term Borrowing on the date of each Incremental Term Loan, or by allocating a portion of each Incremental Term Loan to each outstanding Eurodollar Term Borrowing on a pro rata
basis. Any conversion of Eurodollar Term Loans to ABR Term Loans required by the preceding sentence shall be subject to Section 2.16. If any Incremental Term Loan is to be allocated to an existing Interest Period for a Eurodollar Term
Borrowing, then the interest rate thereon for such Interest Period and the other economic consequences thereof shall be as set forth in the applicable Incremental Term Loan Assumption Agreement. In addition, to the extent any Incremental Term Loans
are not Other Term Loans, the scheduled amortization payments under Section 2.11(a)(i) required to be made after the making of such Incremental Term Loans shall be ratably increased by the aggregate principal amount of such Incremental Term
Loans and shall be further increased for all Lenders on a pro rata basis to the extent necessary to avoid any reduction in the amortization payments to which the Term Lenders were entitled before such recalculation. Each of the parties hereto hereby
agrees that the Administrative Agent may, in consultation with the Borrower, take any and all action (including pursuant to amendments as specified in Section 2.24(b)) as may be reasonably necessary to ensure that, upon the effectiveness of
each additional Revolving Credit Commitment, (i) all Borrowings under Revolving Credit Commitments (including additional Revolving Credit Commitments) and repayments thereunder shall be made on a pro rata basis (except for payments of interest
and fees at different rates, if applicable, on additional Revolving Credit Commitments) and (ii) all Swingline Loans and Letters of Credit shall be participated in on a pro rata basis by all Lenders with Revolving Credit Commitments (including
additional Revolving Credit Commitments) in accordance with their Pro Rata Percentages. 
 Section 2.25 Extension of
Revolving Credit Commitments. 
 (a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more
offers (each, an “Extension Offer”) made from time to time by the Borrower to all Lenders with Revolving Credit Commitments with a like Stated Maturity, in each case on a pro rata basis (based on the aggregate outstanding principal
amount of the Revolving Credit Commitments with the same Stated Maturity) and on the same terms to each such Lender, the Borrower may from time to time following the Initial Funding Date request that such Lenders extend the

  

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maturity date of such Revolving Credit Commitments (each, an “Extension”, and each group of Revolving Credit Commitments, in each case as so extended, as well as the original
Revolving Credit Commitments (in each case not so extended), being a “tranche” and an additional “Facility” hereunder; any Extended Revolving Credit Commitments shall constitute a separate tranche (and separate
“Facility” hereunder) of Revolving Credit Commitments from the tranche of Revolving Credit Commitments (and “Facility” hereunder) from which they were converted), so long as the following terms are satisfied: (i) on the date
of the effectiveness of any such Extension, the conditions set forth in paragraphs (b) and (c) of Section 4.01 shall be satisfied and the Administrative Agent shall have received a certificate to that effect dated such date and
executed by a Financial Officer of the Borrower, (ii) the Administrative Agent shall have received legal opinions, board resolutions and other closing certificates reasonably requested by the Administrative Agent and consistent with those
delivered on the Commitment Effective Date under Section 4.02, (iii) no Default or Event of Default shall have occurred and be continuing, (iv) the Secured Leverage Ratio after giving pro forma effect to such Extension shall not
exceed 3.25:1.00, (v) except as to amount, interest rates, fees and final maturity, the Revolving Credit Commitment of any Revolving Credit Lender (an “Extending Revolving Credit Lender”) extended pursuant to an Extension (an
“Extended Revolving Credit Commitment”), and the related Revolving Credit Exposure, shall be a Revolving Credit Commitment (or related Revolving Credit Exposure, as the case may be) with the same terms as the original Revolving
Credit Commitments (and related Revolving Credit Exposure); provided that (I) subject to the provisions of Section 2.22(g) and 2.23(l) to the extent dealing with Swingline Loans and Letters of Credit which mature or expire after a
Revolving Credit Maturity Date when there exist Extended Revolving Credit Commitments with a longer Stated Maturity, all Swingline Loans and Letters of Credit shall be participated in on a pro rata basis by all Lenders with Revolving Credit
Commitments in accordance with their Pro Rata Percentages (and except as provided in Sections 2.22(g) and 2.23(l), without giving effect to changes thereto on an earlier Revolving Credit Maturity Date with respect to Swingline Loans and Letters of
Credit theretofore incurred or issued) and all Borrowings under Revolving Credit Commitments and repayments thereunder shall be made on a pro rata basis (except for (A) payments of interest and fees at different rates on Extended Revolving
Credit Commitments (and related Revolving Credit Exposure) and (B) repayments required upon the Stated Maturity of the non-extending Revolving Credit Commitments) and (II) at no time shall there be Revolving Credit Commitments hereunder
(including Extended Revolving Credit Commitments and any original Revolving Credit Commitments) which have more than three different Stated Maturities, (vi) if the aggregate principal amount of Revolving Credit Commitments in respect of which
Revolving Credit Lenders shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Revolving Credit Commitments offered to be extended by the Borrower pursuant to such Extension Offer, then the Revolving
Credit Commitments and Revolving Loans of such Revolving Credit Lenders shall be extended ratably up to such maximum amount based on the respective principal amounts (but not to exceed actual holdings of record) with respect to which such Revolving
Credit Lenders have accepted such Extension Offer, (vii) all documentation in respect of such Extension shall be consistent with the foregoing, and all written communications by the Borrower generally directed to the Lenders in connection
therewith shall be in form and substance consistent with the foregoing and otherwise reasonably satisfactory to the Administrative Agent, and (viii) any applicable Minimum Extension Condition shall be satisfied. 

 

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 (b) With respect to all Extensions consummated by the Borrower pursuant to this
Section 2.25, no Extension Offer is required to be in any minimum amount or any minimum increment, provided that the Borrower may at its election specify as a condition (a “Minimum Extension Condition”) to consummating any such
Extension that a minimum amount (to be determined and specified in the relevant Extension Offer in the Borrower’s discretion) of Revolving Credit Commitments of any or all applicable tranches be extended. The Administrative Agent and the
Lenders hereby consent to the Extensions and the other transactions contemplated by this Section 2.25 and hereby waive the requirements of any provision of this Agreement or any other Loan Document that may otherwise prohibit any such Extension
or any other transaction contemplated by this Section 2.20. 
 (c) The Administrative Agent shall promptly notify each
Lender as to the effectiveness of each Extension. Each of the parties hereto hereby agrees that, upon the effectiveness of any Extension, notwithstanding anything to the contrary in Section 9.08, this Agreement shall be deemed amended to the
extent (but only to the extent) necessary to reflect the existence and terms of such Extension (including the establishment of new tranches and Facilities) and the Administrative Agent and the Borrower may revise this Agreement to evidence such
amendments. 
 (d) In connection with any Extension, the Borrower shall provide the Administrative Agent at least ten Business
Days’ (or such shorter period as may be agreed by the Administrative Agent) prior written notice thereof, and shall agree to such procedures, if any, as may be established by, or acceptable to, the Administrative Agent, in each case acting
reasonably to accomplish the purposes of this Section 2.25. 
 ARTICLE III. 

Representations and Warranties 

In order to induce the Administrative Agent and the Lenders to (A) enter into this Agreement on the Commitment Effective Date, each
of Holdings and the Borrower represents and warrants to the Administrative Agent and the Lenders that, on the Commitment Effective Date the statements set forth below in Section 3.01, 3.02, 3.03, 3.04(a), 3.08, 3.10, 3.11, 3.12, 3.13, 3.15,
3.19 (but only with respect to such Security Documents that are to be executed and delivered on the Commitment Effective Date) and 3.26 are true and correct, and (B) make each Loan or other extension of credit to be made hereunder on each
applicable Credit Event, each of Holdings and the Borrower represents and warrants to the Administrative Agent and Lenders that, after giving effect to the Transactions, on the Initial Funding Date and on the date of each other Credit Event that
each of the following statements are true and correct: 
 Section 3.01 Organization; Powers. Holdings, the Borrower
and each of the other Loan Parties (a) is duly organized or formed, validly existing and in good standing (to the extent applicable in such jurisdiction) under the laws of the jurisdiction of its organization or formation, (b) has all
requisite power and authority, and the legal right, to own and operate its property and assets, to lease the property it operates as lessee and to carry on its business as now conducted 

 

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and as proposed to be conducted, (c) is qualified to do business in, and is in good standing (to the extent applicable in such jurisdiction) in, every jurisdiction where such qualification
is required, except where the failure to so qualify in a jurisdiction (other than its jurisdiction of incorporation) could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and (d) has the power and
authority, and the legal right, to execute, deliver and perform its obligations under this Agreement, each of the other Loan Documents, the Acquisition Documentation and each other agreement or instrument contemplated hereby or thereby to which it
is or will be a party, including, in the case of the Borrower, to borrow hereunder, in the case of each Loan Party, to grant the Liens contemplated to be granted by it under the Security Documents and, in the case of Holdings and each Subsidiary
Guarantor, to Guarantee the Obligations as contemplated by the Guarantee and Collateral Agreement or any other Loan Documents to which it is a party. 

Section 3.02 Authorization; No Conflicts. The Transactions (a) have been duly authorized by all requisite corporate,
partnership, public limited liability company or limited liability company and, if required, stockholder, shareholder, partner or member action on behalf of the Loan Parties and (b) will not (i) violate (A) any provision of law,
statute, rule or regulation, or of the memorandum or articles of association, certificate or articles of incorporation or other constitutive documents or by-laws of any Loan Party, (B) any order of any Governmental Authority or arbitrator
applicable to any Loan Party or (C) any provision of any indenture, agreement or other instrument to which any Loan Party is a party or by which any of them or any of their property is or may be bound, except to the extent that such violation
of clauses (A), (B) or (C) could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or
both) a default under, or give rise to any right to accelerate or to require the prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument, except to the extent that such conflict, breach or
default could not reasonably be expected to have a Material Adverse Effect, individually or in the aggregate, or (iii) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter
acquired by any Loan Party, other than Liens created under the Security Documents and liens permitted by Section 6.02 hereof. 

Section 3.03 Enforceability. This Agreement has been duly executed and delivered by each of Holdings and the Borrower and
constitutes, and each other Loan Document when executed and delivered by each Loan Party party thereto will constitute, a legal, valid and binding obligation of such Loan Party enforceable against such Loan Party in accordance with its terms,
subject to applicable bankruptcy, insolvency, court protection, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, good faith and fair dealing, regardless of whether
considered in a proceeding in equity or at law. 
 Section 3.04 Governmental Approvals. (a) Prior to or on the
Initial Funding Date, no action, consent or approval of, registration or filing with, Permit from, notice to, or any other action by, any Governmental Authority is required in connection with the Loan Documents, except for (i) the filing of UCC
financing statements, filings with the United States Patent and Trademark Office and the United States Copyright Office, and other recordings and filings in connection with the Liens granted to the Collateral Agent under the Security Documents,
(ii) recordation of the Mortgages, if any, (iii) such as have been made or obtained and are in full 
  

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force and effect or which will be made or obtained by the time required by law (including the Perfection Requirements) and (iv) those actions, consents, approvals, registrations, filings,
Permits, notices or actions, the failure of which to obtain or make could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

(b) On or after the Initial Funding Date, no action, consent or approval of, registration or filing with, Permit from, notice to, or any
other action by, any Governmental Authority is required in connection with the Transactions, except for (a) the filing of UCC financing statements, filings with the United States Patent and Trademark Office and the United States Copyright
Office, and other recordings and filings in connection with the Liens granted to the Collateral Agent under the Security Documents, (b) recordation of the Mortgages, if any, (c) such as have been made or obtained and are in full force and
effect or which will be made or obtained by the time required by law (including the Perfection Requirements) and (d) those actions, consents, approvals, registrations, filings, Permits, notices or actions, the failure of which to obtain or make
could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 Section 3.05
Financial Statements. Holdings and the Borrower have heretofore furnished to the Lenders (i) the publicly available consolidated balance sheets and statements of income, stockholder’s equity and cash flows for the Target as of and
for the fiscal years ended January 31, 2007, January 31, 2008 and January 31, 2009, and to the extent furnished to the Lenders pursuant to Section 5.16(a), January 31, 2010, in each case audited by and accompanied
by the opinion of Ernst & Young LLP, independent public accountants or an independent public accounting firm of recognized national standing, (ii) the publicly available unaudited consolidated balance sheets and related statements of
income and cash flows of the Target for each fiscal quarter ended between January 31, 2009 and the Commitment Effective Date and (iii) the publicly available unaudited consolidated balance sheets and related statements of income and cash
flows of the Target for each fiscal quarter ended after January 31, 2010 to the extent furnished to the Lenders pursuant to Section 5.16(a). Such balance sheets and the notes thereto disclose all material liabilities, direct or contingent,
of the Target as of the dates thereof, all in accordance with GAAP. Such financial statements were prepared in accordance with GAAP applied on a consistent basis, (A) except as otherwise expressly noted therein, and (B) subject, in the
case of quarterly financial statements, to changes resulting from normal year end adjustments and the absence of footnotes. 

Section 3.06 No Material Adverse Effect. Except as set forth in the Target's publicly available filings made in compliance
with the reporting requirements of Section 13 or 15(d) of the Exchange Act prior to the Commitment Effective Date, no event, change or condition has occurred since January 31, 2009 that has caused, or could reasonably be expected to cause,
a Material Adverse Effect. 
 Section 3.07 Properties. (a) Each Loan Party and each other Restricted Subsidiary
has, subject to Liens permitted under Section 6.02, (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold or licensed interests in (in the case of leased or licensed interests in
real or personal property) and (iii) good title to (in the case of all other personal property), all of their respective properties and assets except where the failure to have such title, leasehold interests or licensed rights could not
reasonably be expected to have, 
  

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individually or in the aggregate, a Material Adverse Effect. Except for Liens permitted under Section 6.02, all such properties and assets are free and clear of Liens except for defects or
irregularities in title that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes or materially impact the value of such assets, and except where the failure to have such title,
leasehold interests or licensed rights could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

(b) Except as could not, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, each of
Holdings and the Restricted Subsidiaries has complied with all obligations under all leases to which it is a party in all respects and all such leases are legal, valid, binding and in full force and effect and are enforceable in all respects in
accordance with their terms. None of the material owned Real Property is subject to any lease, sublease, license or other agreement granting to any Person (other than Holdings, the Restricted Subsidiaries and their Affiliates) any right to the use,
occupancy, possession or enjoyment of such material owned Real Property or any portion thereof, except for any such lease, sublease, license or other agreement permitted under the terms of Section 6.02 or similar rights which do not materially
detract from the value of the property subject thereto. 
 (c) None of Holdings or any of the Restricted Subsidiaries is
obligated under any right of first refusal, option or other contractual right or statutory or legal order to sell, assign or otherwise dispose of any owned Real Property or any interest therein that could, either individually or in the aggregate,
reasonably be expected to result in a Material Adverse Effect. 
 Section 3.08 Restricted Subsidiaries. The shares
of capital stock or other Equity Interests of the Restricted Subsidiaries are fully paid and non-assessable and are owned by Holdings or the Borrower, directly or indirectly, free and clear of all Liens (other than Liens created under the Security
Documents or, after the Initial Funding Date, permitted under Section 6.02). 
 Section 3.09 Litigation; Compliance
with Laws. (a) There are no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority now pending or, to the knowledge of Holdings or the Borrower, threatened against or affecting Holdings or
any Restricted Subsidiary or any business, property or rights of any such Person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if
adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, other than any proceedings or actions which are frivolous and/or vexatious and where the relevant proceeding or action is
dismissed or permanently stayed, set aside, revoked or terminated within one Business Day of the commencement of the relevant court hearing. 

(b) None of Holdings or any of the Restricted Subsidiaries or any of their respective material properties or assets is in violation of,
nor will the continued operation of their material properties and assets as currently conducted violate, any law, rule or regulation (including any zoning, building, Environmental Law, ordinance, code or approval or any building permits) or any
restrictions of record or agreements affecting the Mortgaged Property, or is in default with respect to any judgment, writ, injunction, decree or order of any Governmental Authority, where such violation or default, individually or in the aggregate,
could reasonably be expected to result in a Material Adverse Effect. 
  

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 Section 3.10 Agreements. (a) None of Holdings or any of the Restricted
Subsidiaries is a party to any agreement or instrument that, individually or in the aggregate, has resulted or could reasonably be expected to result in a Material Adverse Effect. 

(b) None of Holdings or any of the Restricted Subsidiaries is in default in any manner under any provision of any indenture or other
agreement or instrument evidencing Indebtedness, or any other material agreement or instrument to which it is a party or by which it or any of its properties or assets are or may be bound where such default, individually or in the aggregate, could
reasonably be expected to result in a Material Adverse Effect. 
 Section 3.11 Federal Reserve Regulations.
(a) None of Holdings or any of the Restricted Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock. 

(b) No part of the proceeds of any Loan or any Letter of Credit will be used, whether directly or indirectly, and whether immediately,
incidentally or ultimately, for purchasing or carrying Margin Stock. No Indebtedness being reduced or retired out of the proceeds of any Loans or Letters of Credit was or will be incurred for the purpose of purchasing or carrying any Margin Stock or
any other purpose that violates Regulation U. None of the transactions contemplated by this Agreement will violate or result in the violation of any of the provisions of the Regulations of the Board, including Regulation T, U or X. If requested by
any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1 referred to in Regulation U.

 Section 3.12 Investment Company Act. None of Holdings or any of the Restricted Subsidiaries is an
“investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940, as amended. 

Section 3.13 Irish Financial Assistance. Neither the execution, delivery and the performance of any of the Loan Documents nor
the incurrence of any obligations or liabilities thereunder by Holdings, the Initial Borrower or any Irish Guarantor constitutes unlawful financial assistance for the purposes of section 60 of the Companies Act. 

Section 3.14 Tax Returns. Except as could not, either individually or in the aggregate, reasonably be expected to result in a
Material Adverse Effect, (a) each of Holdings and each of the Restricted Subsidiaries have filed or caused to be filed all Federal (and foreign national equivalent) and all state, provincial and local income and Revenue Commissioner (whichever
applicable) tax and other tax returns or materials required to have been filed by it, and, as of the Initial Funding Date, all such tax returns are correct and complete, (b) each of Holdings and each of the Restricted Subsidiaries have paid or
caused to be paid all Taxes due and payable by it and all assessments received by it, except Taxes that are being contested in good faith by appropriate proceedings and for which Holdings or such Restricted Subsidiary, as applicable, shall have set
aside on its books adequate reserves to the extent required by GAAP and (c) as of the Initial Funding Date, to the knowledge of Holdings and each of the Restricted Subsidiaries, no claim is being asserted or audit being conducted, with respect
to any Tax relating to Holdings or any of the Restricted Subsidiaries. 
  

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 Section 3.15 No Material Misstatements. No information, report, financial
statement, exhibit or schedule (including, after delivery, any Confidential Information Memoranda) furnished by or on behalf of any Loan Party to the Arrangers, any Agent or any Lender for use in connection with the Transactions or in connection
with the negotiation of any Loan Document or included therein or delivered pursuant thereto, when taken as a whole, contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein (taken as a
whole), in the light of the circumstances under which they were delivered, not materially misleading; provided that to the extent any such information, report, financial statement, exhibit or schedule was based upon or constitutes pro forma
financial information, forecasts, projections, or information of a general economic or general industry nature, each of Holdings and the Borrower represent only that it acted in good faith based upon assumptions believed by it to be reasonable at
the time of preparation, it being understood that such projections may vary from actual results and that such variances may be material. Notwithstanding the foregoing, prior to the Initial Funding Date, this Section 3.15 shall only be
applicable to written information provided by, or on behalf of, Holdings and the Borrower and is further qualified by being to the best of each of Holdings’ and Borrower’s knowledge. 

Section 3.16 Employee Benefit Plans. (a) Each of US Borrower and Holdings and each of its ERISA Affiliates is in
compliance in all respects with the applicable provisions of ERISA and the Tax Code and the regulations and published interpretations thereunder, except such noncompliance as could not, individually or in the aggregate, reasonably be expected to
result in a Material Adverse Effect. No ERISA Event has occurred in the last five years or is reasonably expected to occur that, when taken together with all other such ERISA Events, could reasonably be expected to result in liability of US Borrower
or any of its ERISA Affiliates in an aggregate amount exceeding $10,000,000. The accumulated benefit obligation (as defined for purposes of Statement of Financial Accounting Standards No. 87) under each Benefit Plan (based on the assumptions
used for purposes of Statement of Financial Accounting Standards No. 87) did not, as of the last annual valuation date applicable thereto, exceed by more than $2,000,000 the fair market value of the assets of such Benefit Plan, and the present
value of all accumulated benefit obligations of all underfunded Benefit Plans (based on the assumptions used for purposes of Statement of Financial Accounting Standards No. 87) did not, as of the last annual valuation dates applicable thereto,
exceed by more than $2,000,000 the fair market value of the assets of all such underfunded Benefit Plans. For purposes of this Section 3.16, a Benefit Plan is underfunded if the accumulated benefit obligation of such Benefit Plan, as of the
last annual valuation date applicable thereto (based on the assumptions used for purposes of Statement of Financial Accounting Standards No. 87), is greater than the fair market value of the assets of such Benefit Plan. 

(b) There are no liabilities associated with or arising from the UK Guarantor or any other Restricted Subsidiary that is a Non-US
Subsidiary participating in, providing, or contributing to, either currently or in the past, or ceasing to provide or contribute to, or in respect of, any scheme or arrangement for the provision of any pension, superannuation, retirement (including
on early retirement) or death benefits (including in the form of a lump sum) 
  

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(the benefits together referred to as “Pension Benefits”) or providing, or being obligated to provide or failing to provide any Pension Benefits, which are neither fully funded,
insured nor provided for on a generally accepted basis either through a separate trust, insurance policy or as an accrual or provision in the accounts of the relevant Non-US Subsidiary. 

Section 3.17 Environmental Matters. (a) Except with respect to any other matters that, individually or in the aggregate,
could not reasonably be expected to result in a Material Adverse Effect, none of Holdings or any of the Restricted Subsidiaries: 

(i) has failed to comply with any Environmental Law or to take, in a timely manner, all actions reasonably necessary to
obtain, maintain, renew and comply with any Environmental Permit, and all such Environmental Permits are in full force and effect and not subject to any administrative or judicial appeal; 

(ii) has become a party to any governmental, administrative or judicial proceeding under Environmental Law or possesses
knowledge of any such proceeding that has been threatened under Environmental Law; 
 (iii) has received notice
of, become subject to, or is aware of any facts or circumstances that could reasonably be expected to form the basis for, any Environmental Liability other than those which have been fully and finally resolved and for which no obligations remain
outstanding; 
 (iv) possesses knowledge that any Mortgaged Property contains or previously contained Hazardous
Materials of a form or type or in a quantity or location that could reasonably be expected to result in any Environmental Liability for Holdings, the Borrower or any of the Restricted Subsidiaries; 

(v) possesses knowledge that there has been a Release or threat of Release of Hazardous Materials at or from the Mortgaged
Properties (or from any facilities or other properties formerly owned, leased or operated by Holdings, the Borrower or any of the Restricted Subsidiaries) in violation of, or in amounts or in a manner that could reasonably be expected to give rise
to liability under, any Environmental Law for Holdings, the Borrower or any of the Restricted Subsidiaries; 

(vi) has generated, treated, stored, transported, or Released Hazardous Materials from the Mortgaged Properties (or from
any facilities or other properties formerly owned, leased or operated by Holdings or any of the Restricted Subsidiaries) in violation of, or in a manner or to a location that could give rise to liability under, any Environmental Law for Holdings or
any of the Restricted Subsidiaries; 
 (vii) is aware of any facts, circumstances, conditions or occurrences in
respect of any of the facilities and properties owned, leased or operated by Holdings, the Borrower or any of the Restricted Subsidiaries that could reasonably be expected to (A) form the basis of any action, suit, claim or other judicial or
administrative proceeding relating to liability under or noncompliance with Environmental Law on the part of Holdings, the Borrower or any of the Restricted Subsidiaries or (B) materially interfere with or prevent continued compliance with
Environmental Laws by Holdings, the Borrower or the Restricted Subsidiaries; or 
  

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 (viii) has pursuant to any agreement by which it is bound or has assumed the
Environmental Liability of any other Person. 
 Section 3.18 Insurance. As of the Initial Funding Date, the
insurance maintained by the Loan Parties is in full force and effect. Holdings and the Restricted Subsidiaries are insured by financially sound and reputable insurers and such insurance is in such amounts and covering such risks and liabilities as
are in accordance with normal and prudent industry practice. 
 Section 3.19 Security Documents. All filings and
other actions necessary or desirable to perfect and protect the Liens in the Collateral created under the Security Documents (except for such actions that the Security Documents or this Agreement specifically excepts the Loan Parties from
performing) have been, within the required time periods specified under both the Security Documents and this Agreement, duly made or taken or otherwise provided for and are in full force and effect, and the Security Documents create in favor of the
Collateral Agent for the benefit of the Secured Parties a valid, and, together with such filings and other actions, perfected Liens in the Collateral to the extent and with the priority required by such Security Documents, securing the payment of
the Obligations, subject only to, after the Initial Funding Date, Liens expressly permitted under Section 6.02. 

Section 3.20 UK Financial Assistance. Neither the execution, delivery and the performance of any of the Loan Documents nor
the incurrence of any obligations or liabilities thereunder by any UK Guarantor constitutes or will constitute unlawful financial assistance for the purposes of sections 151 to 158 (inclusive) of the United Kingdom Companies Act of 1985 (as amended
or otherwise re-enacted from time to time). 
 Section 3.21 Labor Matters. Except as could not reasonably be
expected to result, individually or in the aggregate, in a Material Adverse Effect, as of the Initial Funding Date, (a) there are no strikes, lockouts or slowdowns against the Holdings or any Restricted Subsidiary pending or, to the knowledge
of Holdings or the Borrower, threatened, (b) the hours worked by and payments made to employees of the Holdings and the Restricted Subsidiaries have not been in violation, to the extent applicable, of the Fair Labor Standards Act or any other
applicable Federal, state, local or foreign law dealing with such matters, (c) all payments due from Holdings or any Restricted Subsidiary, or for which any claim may be made against Holdings or any Restricted Subsidiary, on account of wages
and employee health and welfare insurance and other benefits, have been paid or accrued as a liability on the books of Holdings or such Restricted Subsidiary consistent with applicable law in all material respects and (d) the consummation of
the Transactions will not give rise to any right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which Holdings or any Restricted Subsidiary is bound. 

Section 3.22 UK Pensions. Neither the UK Guarantor nor any other Restricted Subsidiary incorporated in England and Wales has
ever participated in a UK defined benefit pension plan or been associated or connected with the employer in relation to a UK defined benefit pension plan. 
  

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 Section 3.23 Intellectual Property. Each of Holdings and each of the Restricted
Subsidiaries owns, is licensed to use or possess the right to use, all trademarks, tradenames, copyrights, patents and other intellectual property reasonably necessary as currently conducted in its business, and the use thereof by Holdings and the
Restricted Subsidiaries does not infringe upon the rights of any other Person, except to the extent such failure to own, license or possess, or such conflicts, either individually or in the aggregate, could not reasonably be expected to result in a
Material Adverse Effect. 
 Section 3.24 Solvency. Immediately after the consummation of the Transactions to occur
on the Initial Funding Date, (a) the fair value of the assets of Holdings and its Subsidiaries on a consolidated basis, at a fair valuation, will exceed its debts and liabilities, subordinated, contingent or otherwise; (b) the present fair
saleable value of the assets of Holdings and its Subsidiaries on a consolidated basis, will be greater than the amount that will be required to pay the probable liability of Holdings and its Subsidiaries on a consolidated basis, respectively, on
their debts and other liabilities, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (c) Holdings and its Subsidiaries on a consolidated basis will be able to pay its debts and liabilities,
subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured; and (d) Holdings and its Subsidiaries on a consolidated basis will not have unreasonably small capital with which to conduct the business in which
it is engaged as such business is now conducted and is proposed to be conducted following the Initial Funding Date. 

Section 3.25 Permits. (a) Except to the extent it would not reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect: (a) Each Loan Party has obtained and holds all Permits required in respect of all Real Property and for any other property otherwise operated by or on behalf of, or for the benefit of, such Person and for
the operation of each of its businesses as presently conducted and as proposed to be conducted, (b) all such Permits are in full force and effect, and each Loan Party has performed and observed all requirements of such Permits and (c) no
event has occurred that allows or results in, or after notice or lapse of time would allow or result in, revocation or termination by the issuer thereof or in any other impairment of the rights of the holder of any such Permit. 

Section 3.26 Anti-Terrorism Laws. (a) None of Holdings, the Borrower or any of the Subsidiaries are in violation of any
laws relating to terrorism or money laundering (“Anti-Terrorism Laws”), including Executive Order No. 13224 on Terrorist Financing, effective September 23, 2001 (the “Executive Order”), and the Patriot
Act. 
 (b) None of Holdings, the Borrower or any of the Subsidiaries acting or benefiting in any capacity in connection with
the Loans are any of the following: 
 (i) A Person or entity that is listed in the annex to, or is otherwise
subject to the provisions of, the Executive Order; 
 (ii) A Person or entity owned or controlled by, or acting
for or on behalf of, any Person or entity that is listed in the annex to, or is otherwise subject to the provisions of, the Executive Order; 
  

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 (iii) A Person or entity with which any of the Lenders are prohibited from
dealing or otherwise engaging in any transaction by any Anti-Terrorism Law; 
 (iv) A Person or entity that
commits, threatens or conspires to commit or supports “terrorism” as defined in the Executive Order; or 

(v) A Person or entity that is named as a “specially designated national and blocked person” on the most current
list published by the U.S. Treasury Department Office of Foreign Assets Control at its official website or any replacement website or other replacement official publication of such list. 

(c) None of Holdings, the Borrower or any of the Subsidiaries acting in any capacity in connection with the Loans (i) conducts any
business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Person described in clause (b) above, (ii) deals in, or otherwise engages in any transaction relating to, any property or
interests in property blocked pursuant to the Executive Order, or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set
forth in any Anti-Terrorism Law. 
 ARTICLE IV. 

Conditions of Lending 

Section 4.01 All Credit Events. Subject to Sections 4.02, 4.03 and 4.04 hereof, the obligations of the Lenders to make Loans
and the obligations of the Issuing Bank to issue Letters of Credit are subject to the satisfaction of the following conditions on the date of each Borrowing, including each Borrowing of a Swingline Loan, and on the date of each issuance, amendment,
extension or renewal of a Letter of Credit (each such event being called a “Credit Event”): 
 (a) The
Administrative Agent shall have received a notice of such Borrowing as required by Section 2.03 (or such notice shall have been deemed given in accordance with Section 2.03) or, in the case of the issuance, amendment, extension or renewal
of a Letter of Credit, the Issuing Bank and the Administrative Agent shall have received a notice requesting the issuance, amendment, extension or renewal of such Letter of Credit as required by Section 2.23(b) or, in the case of the Borrowing
of a Swingline Loan, the Swingline Lender and the Administrative Agent shall have received a notice requesting such Swingline Loan as required by Section 2.22(b). 

(b) All representations and warranties to be made on such date and set forth in each Loan Document shall be true and correct in all
material respects on and as of the date of such Credit Event with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case such representations
and warranties shall be true and correct in all material respects on and as of such earlier date; provided, however, that, any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall
be true and correct in all respects on such respective dates. 
  

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 (c) At the time of and immediately after such Credit Event, no Event of Default or Default
shall have occurred and be continuing. 
 (d) At the time of and immediately after such Credit Event, the making of any Loans or
extension of any credit by the Lenders under such Credit Event will not violate any Requirement of Law. 
 (e) If Holdings and
the Borrower are not in compliance with the covenant set forth in Section 6.12 as of the last day of any Test Period and no Revolving Loans or Swingline Loans are outstanding as of the last day of such Test Period, with respect to the first
Credit Event consisting of the making of a Revolving Loan or a Swingline Loan to be made in the fiscal quarter of Holdings immediately following the last fiscal quarter of such Test Period, Holdings and the Borrower shall be in pro forma compliance
with the covenant set forth in Section 6.12, after giving effect to such Credit Event. 
 Subject to Section 4.04
hereof, each Credit Event shall be deemed to constitute a joint and several representation and warranty by each of Holdings and the Borrower on the date of such Credit Event as to the matters specified in paragraphs (b) (if applicable) and
(c) of this Section 4.01. 
 Section 4.02 Commitment Effective Date. The effectiveness of the Commitments
of the Lenders are subject to the satisfaction of the following conditions precedent: 
 (a) Execution. The
Administrative Agent shall have received (i) the Original Credit Agreement, executed and delivered by a duly authorized officer of each of Luxco Holdings and the Initial Borrower, (ii) the Guarantee and Collateral Agreement, executed and
delivered by a duly authorized officer of each of Luxco Holdings, SSI Investments I, the Initial Borrower and BidCo, (iii) the Irish Debenture executed and delivered by a duly authorized officer of each of SSI Investments I, the Initial
Borrower and BidCo and (iv) the Luxco Share Charge executed and delivered by a duly authorized officer of Luxco Holdings; 

(b) Organizational Documents and Necessary Consents. The Administrative Agent shall have received (i) a copy of the
certificate or articles of incorporation or other formation documents, including all amendments thereto, of each Loan Party, certified (to the extent available in any non-U.S. jurisdiction) as of a recent date by the Secretary of State of the state
of its organization (or similar Governmental Authority in any foreign jurisdiction with respect to any Loan Party organized outside the United States), and a certificate as to the good standing of each Loan Party as of a recent date, from such
Secretary of State (or similar Governmental Authority in any foreign jurisdiction with respect to any Loan Party organized outside the United States); (ii) a certificate of the Secretary or Assistant Secretary of each Loan Party dated the
Commitment Effective Date and certifying (A) that attached thereto is a true and complete copy of the by-laws (or similar governing documentation) of such Loan Party as in effect on the Commitment Effective Date and at all times since a date
prior to the date of the resolutions described in clause (B) below, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors or similar governing body of such Loan Party authorizing the
execution, delivery and performance of the Loan Documents to which such Person is a party, in the case of the Borrower, the borrowings hereunder, in the case of each Loan 

 

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Party, the granting of the Liens contemplated to be granted by it under the Security Documents and, in the case of each Guarantor, the Guaranteeing of the Obligations as contemplated by the
Guarantee and Collateral Agreement and other Loan Documents, and that such resolutions have not been modified, rescinded or amended and are in full force and effect, (C) that the certificate or articles of incorporation or other formation
documents of such Loan Party have not been amended since the date of the last amendment thereto shown on the certificate of good standing furnished pursuant to clause (i) above and (D) as to the incumbency and specimen signature of each
officer executing any Loan Document or any other document delivered in connection herewith on behalf of such Loan Party; (iii) a certificate of another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary
executing the certificate pursuant to (ii) above; and (iv) such other documents as the Administrative Agent, the Issuing Bank or the Lenders may reasonably request; 

(c) Financial Statements. The Administrative Agent shall have received (i) publicly available GAAP audited consolidated
balance sheets and related statements of income, stockholders’ equity and cash flows of the Target (prepared in accordance with Regulation S-X under the Securities Act) for the fiscal years ending January 31, 2007, January 31,
2008 and January 31, 2009 all audited by independent public accountants of recognized national standing and reasonably acceptable to the Administrative Agent and accompanied by an opinion of such accountants (which shall not be qualified in any
material respect) to the effect that such consolidated financial statements fairly present the financial condition and results of operations of the Target on a consolidated basis in accordance with GAAP consistently applied and (ii) publicly
available GAAP unaudited consolidated balance sheets and related statements of income, stockholders’ equity and cash flows of the Target for each subsequent fiscal quarter ended 45 days before the Commitment Effective Date, in each case under
clauses (i) and (ii) above; 
 (d) Patriot Act. The Initial Borrower shall have provided the documentation and
other information to the Lenders that are required by regulatory authorities under the applicable “know-your-customer” rules and regulations and anti-money laundering rules and regulations, including the Patriot Act; 

(e) Guarantees; Collateral. (i) The guarantee with respect to Luxco Holdings, SSI Investments I and BidCo shall have been
executed and be in full force and effect, and (ii) all documents and instruments required to perfect the Collateral Agent’s security interest in all of the issued and outstanding Equity Interests of SSI Investments I and the stock and
assets of the Initial Borrower, SSI Investments I and BidCo (in each case, to the extent included in the Collateral) (collectively, the “Commitment Effective Date Collateral”) shall have been executed and delivered and, if
applicable, be in proper form for filing. The Collateral Agent, for the ratable benefit of the Secured Parties, shall have been granted on the Commitment Effective Date first priority perfected Liens on the Commitment Effective Date Collateral
(subject, in the case of all Collateral other than Pledged Collateral, only to Liens expressly permitted by Section 6.02) and shall have received such other reports, documents and agreements as the Collateral Agent shall reasonably request. The
Pledged Collateral and all equity securities of the Initial Borrower, SSI Investments I and BidCo, in each case that are Commitment Effective Date Collateral, shall have been duly and validly pledged under the applicable Security Documents to the
Collateral Agent, for the ratable benefit of the Secured Parties, and certificates representing 
  

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such Pledged Collateral and equity securities in the Initial Borrower, SSI Investments I and BidCo, accompanied by instruments of transfer and stock powers endorsed in blank, shall be in the
actual possession of the Collateral Agent or as otherwise required under applicable law; 
 (f) No Litigation. There
shall be no actions, suits or proceedings at law or in equity or by or before any arbitrator or Governmental Authority pending or, to the knowledge of Holdings or the Borrower, threatened against or affecting Holdings or any Restricted Subsidiary or
any business, property or rights of any such Person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of an adverse determination and that, if adversely determined, could
reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect; 
 (g) Opinions of
Counsel. The Administrative Agent shall have received, on behalf of itself, Collateral Agent, the Arrangers, the Lenders and the Issuing Bank, a written opinion of (i) Ropes and Gray LLP, counsel for Luxco Holdings, the Initial Borrower,
SSI Investments I and BidCo, substantially in the form set forth in Exhibit H, (ii) Mason Hayes + Curran, counsel for Luxco Holdings, the Initial Borrower, SSI Investments I and BidCo, substantially in the form set forth in Exhibit I, and
(iii) Loyens & Loeff, counsel for Luxco Holdings, the Initial Borrower, SSI Investments I and BidCo, substantially in the form set forth on Exhibit O, in each case (A) dated the Commitment Effective Date, (B) addressed to the
Administrative Agent, the Collateral Agent, the Issuing Bank, the Arrangers and the Lenders, and in each case, each of their permitted assigns, and (C) Luxco Holdings, the Initial Borrower, SSI Investments I and BidCo hereby request such
counsel to deliver such opinions; 
 (h) Officer’s Certificate. The Administrative Agent shall have received a
certificate, dated the Commitment Effective Date and signed by a Financial Officer of the Borrower, confirming compliance with the conditions precedent set forth in paragraph (f) of this Section 4.02 and certifying that (A) no Event
of Default or Default has occurred and is continuing and (B) all representations and warranties to be made as of the Commitment Effective Date set forth in each Loan Document are true and correct in all material respects on and as of the
Commitment Effective Date; provided, however, that any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects on such date; 

(i) Bridge Loan Documents. The Bridge Loan Documents shall have been executed by the parties thereto on terms and conditions
satisfactory to the Administrative Agent; 
 (j) Acquisition Consideration. The Administrative Agent shall have received
evidence that the Takeover Panel has consented to use of dollars as the currency for the Acquisition Consideration; and 
 (k)
Step Plan. The Administrative Agent shall have received the Step Plan. 
 On the Commitment Effective Date, the
Administrative Agent shall deliver to Luxco Holdings and the Initial Borrower a certificate in form and substance reasonably satisfactory to Luxco Holdings and the Initial Borrower confirming the satisfaction of all the foregoing conditions set
forth in clauses (a) through (k) above. 
  

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 Section 4.03 Initial Funding Date and Certain Funds Period. The obligations of
the Lenders to extend Loans in respect of the Commitments on the date of the first Credit Event hereunder and during each Credit Event during the Certain Funds Period are subject to the satisfaction of the following conditions precedent on or before
the date of such Credit Event: 
 (a) Press Release and Scheme. The Administrative Agent shall have received a certified
copy of the Scheme Documents and the other Acquisition Documentation corresponding in all material respects to the terms and conditions set out in the Press Release, save to the extent otherwise required by the Takeover Panel, the Court or the SEC;

 (b) Scheme Sanctioned. The Administrative Agent shall have received (i) evidence that the Court has sanctioned
the Scheme and the relevant order or orders of the Court has been duly delivered to the Registrar of Companies in Ireland for registration pursuant to Section 201(5) of Companies Act and the filed Court order has been duly registered along with
the associated minute on the reduction of capital of the Target by the Registrar of Companies in Ireland (collectively, the “Filed Court Order”), (ii) a certificate signed by two duly authorized officers of the Borrower
certifying that the Scheme Effective Date has occurred and that there has been no breach of the Scheme Covenants and (iii) copies of the Filed Court Order sanctioning the Scheme certified by two duly authorized signatories of the Borrower;

 (c) Press Release. The Administrative Agent shall have received the Press Release; 

(d) Limited Representations and Warranties. The representations and warranties contained in Sections 3.01, 3.02, 3.03 and
3.04(a) solely as they relate to Luxco Holdings, BidCo, SSI Investments I and the Initial Borrower, shall be true and correct in all material respects on and as of each Credit Event during the Certain Funds Period; provided, however, that any
representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects on and as of each such Credit Event; 

(e) No Certain Funds Default. No Certain Funds Default shall be continuing unremedied or unwaived on and as of the date on which
the Certain Funds Advances are made under the Facilities, or would result from such proposed Certain Fund Advances being made or from the application of the proceeds therefrom; 

(f) Competition Law. The Administrative Agent shall have received evidence that any conditions contained in paragraph
2(a)(i) of Appendix I of the Press Release shall have been satisfied or waived; 
 (g) Certain Funds Period. The
date on which the applicable advance is made is within the Certain Funds Period; 
 (h) Extensions of Credit Lawful. As
at the date on which the Credit Event is made, it is not unlawful in any applicable jurisdiction for a Lender to perform any of its obligations as contemplated herein or to fund or maintain its participation in any such advance; 

(i) Fees. Luxco Holdings and the Initial Borrower shall have complied with all of their obligations under, and the terms
of, the Fee Letter. All accrued costs, reasonable fees and out-of-pocket expenses (including, to the extent invoiced in advance, reasonable legal fees and out-of-pocket expenses and the reasonable fees and out-of-pocket expenses of any other
advisors) and other compensation payable to the Administrative Agents, the Arrangers and the Lenders shall have been paid; 
  

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 (j) Senior Notes. Luxco Holdings shall have received not less than $310,000,000 in
gross cash proceeds from the issuance of the Senior Notes by the Initial Borrower, and such aggregate proceeds shall have been contributed to BidCo; 

(k) Equity Contribution. The Administrative Agent shall have received evidence that the Sponsors have made a cash equity
investment, in an amount equal to at least $510,000,000, which shall have been contributed as common equity in Holdings, which will be further contributed by Holdings to SSI Investments I as common equity on the Initial Funding Date, further
contributed by SSI Investments I to the Initial Borrower as common equity on the Initial Funding Date, and further contributed by the Initial Borrower to BidCo as common equity on the Initial Funding Date. (the “Equity
Contribution”); and 
 (l) Pro Forma Balance Sheet. The Administrative Agent shall have received an unaudited
pro forma consolidated balance sheet of Holdings, prepared giving effect to the Transactions on the Initial Funding Date as if they had occurred on April 30, 2010. Such pro forma financial statements shall have been prepared in good faith by
Holdings based on assumptions believed by Holdings to be reasonable as of the Initial Funding Date, and present fairly on a pro forma basis the estimated consolidated financial position of Holdings and its consolidated Restricted Subsidiaries
(including Target and its subsidiaries) as of such date, assuming that the Transactions had actually occurred at such date. 

Section 4.04 Certain Funds. 

During the Certain Funds Period, and notwithstanding any provision of any Loan Document to the contrary, each Certain Funds Advance shall
be made notwithstanding the non-satisfaction of any conditions specified in Section 4.01 (other than Section 4.01(a)) but shall be subject to the satisfaction of the conditions specified in Sections 4.01(a), 4.02 and 4.03. For the
avoidance of doubt, during the Certain Funds Period (other than as referred to above) no Lender shall be entitled to (nor shall any Lender be entitled to request the Administrative Agent to): 

(a) cancel any of its Commitments to the extent to do so would prevent or limit the making of a Certain Funds Advance; 

(b) rescind, terminate or cancel this Agreement or any of the Commitments or exercise any similar right or remedy or make or enforce any
claim under the Loan Documents it may have to the extent to do so would prevent or limit the making of a Certain Funds Advance; 

(c) refuse to participate in the making of a Certain Funds Advance; 

(d) exercise any right of set-off or counterclaim in respect of Certain Funds Advance to the extent to do so would prevent or limit the
making of a Certain Funds Advance (other than set-off in respect of fees, costs and expenses as agreed in the funds flow document); or 
  

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 (e) cancel, accelerate or cause repayment or prepayment of any amounts owing hereunder or
under any other Loan Document to the extent to do so would prevent or limit the making of a Certain Funds Advance; 

provided that immediately upon the end of the Certain Funds Period, subject to the express provisions of the Loan Documents, all
such rights, remedies and entitlements shall be available to the Administrative Agent or the Lenders notwithstanding that such rights, remedies and entitlements may not have been used or been available for use during the Certain Funds Period.

 Section 4.05 Amendment and Restatement Effective Date. The effectiveness of the amendment and restatement of the
Original Credit Agreement in the form of this Agreement is subject to the satisfaction of the following conditions precedent: 

(a) Execution. The Administrative Agent shall have received (i) this Agreement, executed and delivered by a duly authorized
officer of each of Luxco Holdings, Holdings and the Initial Borrower, (ii) the Reaffirmation Agreement, executed and delivered by a duly authorized officer of each of Holdings, the Initial Borrower and BidCo, and (iii) any amendments to
the Security Documents reasonably necessary to maintain first priority security interests in the Collateral, and completion of all filings and other actions as are necessary to maintain perfection of such lien; 

(b) Organizational Documents and Necessary Consents. The Administrative Agent shall have received (i) a copy of the
certificate or articles of incorporation or other formation documents, including all amendments thereto, of each Loan Party, certified (to the extent available in any non-U.S. jurisdiction) as of a recent date by the Secretary of State of the state
of its organization (or similar Governmental Authority in any foreign jurisdiction with respect to any Loan Party organized outside the United States), and a certificate as to the good standing of each Loan Party as of a recent date, from such
Secretary of State (or similar Governmental Authority in any foreign jurisdiction with respect to any Loan Party organized outside the United States); (ii) a certificate of the Secretary or Assistant Secretary of each Loan Party dated the
Amendment and Restatement Date and certifying (A) that attached thereto is a true and complete copy of the by-laws (or similar governing documentation) of such Loan Party as in effect on the Amendment and Restatement Effective Date and at all
times since a date prior to the date of the resolutions described in clause (B) below, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors or similar governing body of such Loan Party
authorizing the execution, delivery and performance of the Agreement, the Reaffirmation Agreement and any amendments provided pursuant to Section 4.05(a) above, and that such resolutions have not been modified, rescinded or amended and are in
full force and effect, (C) that the certificate or articles of incorporation or other formation documents of such Loan Party have not been amended since the date of the last amendment thereto shown on the certificate of good standing furnished
pursuant to clause (i) above and that the resolutions provided as of the Commitment Effective Date pursuant to Section 4.02(b) have not been amended as of the Amendment and Restatement Effective Date and (D) as to the incumbency and
specimen signature of each officer executing any Loan Document or any other document delivered in connection herewith on behalf of such Loan Party; (iii) a certificate of another officer as to the incumbency and specimen signature of the
Secretary or Assistant Secretary executing the certificate pursuant to (ii) above; and (iv) such other documents as the Administrative Agent, the Issuing Bank or the Lenders may reasonably request; 

 

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 (c) Opinions of Counsel. The Administrative Agent shall have received, on behalf of
itself, Collateral Agent, the Arrangers, the Lenders and the Issuing Bank, a written opinion of (i) Ropes and Gray LLP, counsel for Holdings, the Initial Borrower, and BidCo, substantially similar to the opinion provided on of the Commitment
Effective Date, and (ii) Mason Hayes + Curran, counsel for Holdings, the Initial Borrower, and BidCo, substantially similar to the opinion provided on of the Commitment Effective Date, in each case (A) dated the Commitment Effective Date,
(B) addressed to the Administrative Agent, the Collateral Agent, the Issuing Bank, the Arrangers and the Lenders, and in each case, each of their permitted assigns, and (C) Holdings, the Initial Borrower and BidCo hereby request such
counsel to deliver such opinions; and 
 (d) No Certain Funds Default; Representations and Warranties. No Certain Funds
Default has occurred and is continuing as of the Amendment and Restatement Effective Date and each of the representations and warranties contained in Sections 3.01, 3.02, 3.03 and 3.04(a) of the Credit Agreement solely as they relate to Holdings,
BidCo, SSI Investments I and the Borrower is true and correct in all material respects on and as of the Amendment and Restatement Effective Date; provided, however, that any such representation and warranty that is qualified as to
“materiality” or “Material Adverse Effect” is true and correct in all respects on and as of the Amendment and Restatement Date. The Administrative Agent shall have received a certificate, dated the Amendment and Restatement
Effective Date and signed by a Financial Officer of the Borrower, confirming compliance with the conditions precedent set forth in this Section 4.05(d). 

ARTICLE V. 

Affirmative Covenants 

Each of Holdings and the Borrower covenants and agrees with each Lender that so long as this Agreement shall remain in effect and until
the Commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document shall have been paid in full and all Letters of Credit have been canceled or have expired
and all amounts drawn thereunder have been reimbursed in full, each of Holdings and the Borrower will, and will cause each of the Restricted Subsidiaries to (it being understood and agreed that the only covenants set forth in this Article V that
shall be effective prior to the Initial Funding Date are the covenants set forth in Sections 5.01, 5.03, 5.05, 5.08, 5.10, 5.13, 5.14, 5.15, 5.16 and 5.19, and that on and after the Initial Funding Date all of the covenants set forth in this Article
V shall be effective): 
 Section 5.01 Existence; Businesses and Properties. (a) Do or cause to be done all
reasonable things necessary to preserve, renew and keep in full force and effect its legal existence, except as otherwise expressly permitted under Section 6.05. 

 

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 (b) Do or cause to be done all things reasonably necessary to obtain, preserve, renew,
extend and keep in full force and effect the rights, licenses, permits, franchises, authorizations, patents, copyrights, trademarks and trade names material to or necessary for the conduct of its business; maintain and operate such business in
substantially the manner in which it is presently conducted and operated; comply with all applicable laws, rules, regulations and decrees and orders of any Governmental Authority, whether now in effect or hereafter enacted, except where the failure
to comply could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect; and at all times maintain and preserve all property material to or necessary for the conduct of such business and keep such property in
good repair, working order and condition (ordinary wear and tear and damage by fire, casualty or eminent domain excepted) and consistent with past practices in order that the business carried on in connection therewith may be properly conducted at
all times; provided however, that nothing in this Section 5.01(b) shall prevent (i) sales of assets, consolidations or mergers by or involving Holdings, the Borrower or any Restricted Subsidiaries to the extent permitted under
Section 6.05 or (ii) the abandonment by Holdings, the Borrower or any Restricted Subsidiaries of any rights, franchises, licenses and patents that Holdings, the Borrower or any Restricted Subsidiaries reasonably determine are not useful to
its business. 
 Section 5.02 Insurance. Keep its insurable properties adequately insured (after giving effect to
any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower or otherwise consistent with past practices) at all times by companies that are financially sound and reputable
insurers; maintain such other insurance, to such extent and against such risks (and with such deductibles, retentions and exclusions), including fire and other risks insured against by extended coverage, as is customary with companies in the same or
similar businesses operating in the same or similar locations, including public liability insurance against claims for personal injury or death or property damage occurring upon, in, about or in connection with the use of any properties owned,
occupied or controlled by it; maintain such other insurance as may be required by law; and maintain such other insurance as otherwise required by the Security Documents (and comply with all covenants in the Security Documents with respect thereto).

 Section 5.03 Taxes. Except as could not, either individually or in the aggregate, reasonably be expected to
result in a Material Adverse Effect, (a) pay and discharge promptly when due and payable all Taxes, assessments and governmental charges or levies imposed upon it or upon its income or profits or in respect of its property, before the same
shall become delinquent or in default, as well as all lawful claims for labor, materials and supplies or otherwise that, if unpaid, may be reasonably expected to give rise to a Lien upon such properties or any part thereof; provided, however, that
such payment and discharge shall not be required with respect to any such Tax, assessment, charge, levy or claim so long as the validity or amount thereof shall be contested in good faith by appropriate proceedings and Holdings, the Borrower or the
applicable Restricted Subsidiary shall have set aside on its books adequate reserves with respect thereto in accordance with GAAP and such contest operates to suspend any collection action of the contested obligation, tax, assessment or charge and
enforcement of a Lien and (b) without prejudice to the foregoing, pay and procure that each Restricted Subsidiary incorporated under the laws of the Republic of Ireland promptly pay all debts which, pursuant to the provisions of sections 98
and/or 285 of the Companies Act or analogous provision of law or by-laws or rules applicable to it, are to be paid in priority to all other debts in the winding up of a company and upon the appointment of a receiver under or the taking of possession
of property comprised in a debenture secured by a floating charge; provided, however, that the payment of 
  

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such debts shall not be required with respect to any such debts so long as the validity or amount thereof shall be contested in good faith by appropriate proceedings and Holdings or the
applicable Restricted Subsidiary shall have set aside on its books adequate reserves with respect thereto in accordance with GAAP and such contest operates to suspend any collection action with respect to such debts. 

Section 5.04 Financial Statements, Reports, etc. In the case of Holdings and the Borrower, furnish to the Administrative
Agent (for distribution to the Lenders): 
 (a) within 90 days after the end of each fiscal year, its
consolidated balance sheet and related statements of income, stockholders’ equity and cash flows showing the financial condition of Holdings and its consolidated Subsidiaries as of the close of such fiscal year and the results of its operations
and the operations of such Subsidiaries during such year, together with comparative figures for the immediately preceding fiscal year, all audited by Ernst & Young LLP or other independent public accountants of recognized national standing
and accompanied by an opinion of such accountants (which shall not be qualified in any material respect) to the effect that such consolidated financial statements fairly present in all material respects the financial condition and results of
operations of Holdings and its consolidated Restricted Subsidiaries on a consolidated basis in accordance with GAAP consistently applied; 

(b) commencing with the fiscal quarter ending July 31, 2010, within 45 days after the end of each of the first three
fiscal quarters of each fiscal year, its consolidated balance sheet and related statements of income, stockholders’ equity and cash flows showing the financial condition of Holdings and its consolidated Subsidiaries as of the close of such
fiscal quarter and the results of its operations and the operations of such Subsidiaries during such fiscal quarter and the then elapsed portion of the fiscal year, and comparative figures for the same periods in the immediately preceding fiscal
year, all certified by one of its Financial Officers as fairly presenting the financial condition and results of operations of Holdings and its consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject
to normal year-end audit adjustments and the absence of footnotes; 
 (c) simultaneously with the delivery of
each set of consolidated financial statements referred to in Sections 5.04(a) and 5.04(b) above, the related consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from
such consolidated financial statements; 
 (d) concurrently with any delivery of financial statements under
paragraph (a) or (b) above, a certificate of the Financial Officer certifying such statements (i) certifying that no Event of Default or Default has occurred or, if such an Event of Default or Default has occurred, specifying the
nature and extent thereof and any corrective action taken or proposed to be taken with respect thereto and (ii) setting forth computations in reasonable detail satisfactory to the Administrative Agent demonstrating compliance with the covenant
contained in Section 6.12, and, in the case of a certificate delivered with the financial statements required by paragraph (a) above, setting forth the Borrower’s calculation of Excess Cash Flow; provided, that if such certificate
demonstrates a breach 
  

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of Section 6.12, the Borrower may deliver, prior to or together with such certificate, notice of the intent to cure (a “Notice of Intent to Cure”) such breach pursuant to
Section 7.02 (provided, that except as otherwise expressly set forth herein, the delivery of a Notice of Intent to Cure shall in no way affect or alter the occurrence, existence or continuation of any such breach, Event of Default or the
rights, benefits, powers and remedies of the Administrative Agent and the Lenders under any Loan Document); 

(e) concurrently with any delivery of financial statements under clause (a) above, use commercially reasonable
efforts to procure a certificate of the accounting firm that reported on such statements (which certificate may be limited to accounting matters and disclaim responsibility for legal interpretations) certifying either that (A) (1) their
audit examination has included a review of the terms of Section 6.12 of this Agreement and the related definitions, and (2) whether, in connection therewith, any condition or event that constitutes a Default or Event of Default under
Section 6.12 has come to their attention and, if such condition or event has come to their attention, specifying the nature and period of existence thereof or (B) covering alternative appropriate agreed upon procedures reasonably
acceptable to the Administrative Agent to address compliance with the terms of Section 6.12; 
 (f) within
90 days after the end of each fiscal year of Holdings, a detailed consolidated budget for the following fiscal year (including a projected consolidated balance sheet and related statements of projected operations and cash flows as of the end of and
for such following fiscal year and setting forth the summary of material underlying assumptions used for purposes of preparing such budget) and, promptly when available, any material revisions of such budget; 

(g) promptly after the same become publicly available, copies of all periodic and special reports, proxy statements and
other materials filed by Holdings, and the Borrower or any Restricted Subsidiary with the SEC or with any national securities exchange, or distributed to its shareholders, as the case may be; 

(h) promptly after the receipt thereof by any Loan Party, a copy of any “management letter” (whether in final or
draft form) received by any such Person from its certified public accountants and the management’s response thereto; 

(i) promptly after the request by any Lender, Issuing Bank or Agent, all documentation and other information that such
Lender, Issuing Bank or Agent reasonably requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the USA PATRIOT Act; and 

(j) promptly, from time to time, such other information regarding the operations, business affairs and financial condition
of Holdings, the Borrower or any Restricted Subsidiary, or compliance with the terms of any Loan Document, as the Administrative Agent may reasonably request. 
  

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 Documents required to be delivered pursuant to this Section 5.04 may be delivered by
electronic mail; provided, that the Borrower shall deliver paper copies of such documents to the Administrative Agent upon request. 

Section 5.05 Litigation and Other Notices. Furnish to the Administrative Agent written notice of the following promptly after
a Responsible Officer of any Loan Party obtains knowledge thereof: 
 (a) any Event of Default or Default,
specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken with respect thereto; 

(b) the filing or commencement of, or any written notice of intention of any Person to file or commence, any action, suit
or proceeding, whether at law or in equity or by or before any arbitrator or Governmental Authority, against Holdings, the Borrower or any Restricted Subsidiary that could reasonably be expected to result in a Material Adverse Effect; and

 (c) the occurrence and continuation of any ERISA Event, alone or together with any other ERISA Events that
have occurred, could reasonably be expected to result in liability of Holdings, the Borrower and the Restricted Subsidiaries in an aggregate amount exceeding $10,000,000; and 

(d) any development that has resulted in, or could reasonably be expected to result in, a Material Adverse Effect.

 Section 5.06 Information Regarding Collateral. (a) Furnish to each of the Administrative Agent and the
Collateral Agent prompt written notice of any change (i) in any Loan Party’s corporate name or in any trade name used to identify it in the conduct of its business or in the ownership of its properties, (ii) in the location of any
Loan Party’s chief executive office, its principal place of business, any office in which it maintains books or records relating to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the
establishment of any such new office or facility), (iii) in any Loan Party’s identity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. Each of Holdings and the Borrower agrees not to
effect or permit any change referred to in the preceding sentence unless all filings have been made under the UCC, any similar perfection scheme or otherwise and all other actions have been taken that are required in order for the Collateral Agent
to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. Each of Holdings and the Borrower also agrees promptly to notify each of the Administrative Agent and the Collateral Agent
if any material portion of the Collateral is damaged or destroyed. 
 (b) In the case of the Borrower, each year, at the time of
delivery of the annual financial statements with respect to the preceding fiscal year pursuant to Section 5.04(a), deliver to the Administrative Agent a certificate of a Financial Officer setting forth the information required pursuant to
Section 2 of the Perfection Certificate or confirming that there has been no change in such information since the date of the Perfection Certificate delivered pursuant to Section 5.09(a) or the date of the most recent certificate delivered
pursuant to this Section 5.06. 
  

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 Section 5.07 Maintaining Records; Access to Properties and Inspections;
Environmental Assessments. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP are made of all material transactions in relation to its business and activities. Each of Holdings and
the Borrower will, and will cause each of the Restricted Subsidiaries to, permit any representatives designated by the Administrative Agent on behalf of the Lenders to visit and inspect the financial records and the properties of Holdings or the
Borrower, as the case may be, or any of its Restricted Subsidiaries at reasonable times and as often as reasonably requested upon reasonable advanced notice to the Borrower and to make extracts from and copies of such financial records, and permit
any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of Holdings or the Borrower, as the case may be, or any of its Restricted Subsidiaries with the officers thereof and independent
accountants therefor (provided that officers of Holdings or the Borrower may be present at and participate in any such discussion); provided that such inspection rights shall be limited to one such visit per fiscal year so long as no Default or
Event of Default has occurred or is continuing. 
 Section 5.08 Use of Proceeds. The Borrower shall (a) use the
proceeds of the Term Loans solely (i) to pay the Acquisition Consideration, and (ii) to pay the Transaction Expenses, and (b) use the proceeds of Incremental Term Loans only for the purposes specified (to the extent so specified) in
the applicable Incremental Term Loan Assumption Agreement. The Borrower shall (except with respect to amounts set forth in the proviso below as being available on the Initial Funding Date) use the proceeds of the Revolving Loans solely for working
capital and other general corporate purposes of the Borrower and the Restricted Subsidiaries, including the financing of Permitted Acquisitions; provided, that, no more than the lesser of (x) the sum of (A) $5,000,000 plus (B) the
amount required to pay the Up-Front Closing Fees payable pursuant to Section 2.05(d) or otherwise, to pay any similar up-front closing fees payable under the Senior Notes or to account for any decrease in the net cash proceeds of the loans made
under the Senior Notes as a result of original issue discount, and (y) $30,000,000, in Revolving Loans may be drawn on the Initial Funding Date, which Revolving Loans shall be used by the Borrower to pay the Transaction Expenses (provided that
the proceeds of up to $5,000,000 of such Revolving Loans may be used to fund an increase in the Acquisition Consideration). The Borrower shall use the proceeds of Swingline Loans and shall request the issuance of Letters of Credit solely for general
corporate purposes of the Borrower and the Restricted Subsidiaries. 
 Section 5.09 Additional Collateral, etc. (a)
Within three Business Days (which may be extended by the Administrative Agent in its sole discretion) of the Initial Funding Date, the Borrower shall procure that (i) each Restricted Subsidiary not organized under the laws of the Republic of
Ireland (other than an Excluded Subsidiary) (x) execute and deliver to the Administrative Agent and the Collateral Agent such amendments to the Security Documents or such new Security Documents as the Collateral Agent deems necessary or
advisable in its reasonable determination to grant to the Collateral Agent, for the benefit of the Secured Parties, a security interest in such Collateral consistent with the provisions hereof and the other Loan Documents and (y) take all
actions necessary or advisable in its reasonable determination to grant to, or continue on behalf of, the Collateral Agent, for the benefit of the Secured Parties, a perfected first priority security interest in such Collateral to the extent
required by the Security Documents, subject to Liens permitted under Section 6.02 hereof, including the filing of UCC financing statements in such jurisdictions as may be required by the Guarantee and Collateral 

 

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Agreement or by law or as may be reasonably requested by the Administrative Agent or the Collateral Agent, (ii) without limiting the provisions of the preceding clause(i)(x), each UK
Guarantor, Canadian Guarantor, and Cayman Guarantor to (x) execute and deliver to the Administrative Agent and the Collateral Agent such Guarantees, UK Security Documents, Canadian Security Documents, Cayman Security Documents or such new
Security Documents (and provide Guarantees of the Obligations) as the Collateral Agent deems necessary or advisable in its reasonable determination to grant to the Collateral Agent, for the benefit of the Secured Parties, a security interest in such
Collateral, to the extent required by the Security Documents consistent with the provisions hereof and the other Loan Documents and for such entity to Guarantee the Obligations in substance similar to the Guarantee and Collateral Agreement and
reasonably satisfactory to the Administrative Agent and Collateral Agent and (y) take all actions necessary or advisable in its reasonable determination to grant to, or continue on behalf of, the Collateral Agent, for the benefit of the Secured
Parties, a perfected first priority security interest in such Collateral to the extent required by the Security Documents, subject to Liens permitted under Section 6.02 hereof, including the filing of financing statements in such jurisdictions
as may be required by the UK Security Documents, Canadian Security Documents or Cayman Security Documents or by any applicable law or as may be reasonably requested by the Administrative Agent or the Collateral Agent and (iii) if reasonably
requested by the Administrative Agent, deliver to the Administrative Agent and the Collateral Agent legal opinions relating to the matters described in clauses (i) and (ii) above, which opinions, if required, shall be in form and
substance, and from counsel, reasonably satisfactory to the Administrative Agent and the Collateral Agent. Within the tenth day (which may be extended in the Administrative Agent’s sole discretion) after the completion of the White Wash
Requirements by Target and each Subsidiary organized under the laws of the Republic of Ireland, the Borrower shall procure each Irish Guarantor (including, without limitation, the Target) to (X) execute and deliver to the Administrative Agent
and the Collateral Agent such Guarantees, Security Documents or such new Security Documents (and provide Guarantees of the Obligations) as the Collateral Agent deems necessary or advisable in its reasonable determination to grant to the Collateral
Agent, for the benefit of the Secured Parties, a security interest in such Collateral consistent with the provisions hereof and the other Loan Documents and for such entity to Guarantee the Obligations in substance similar to the Guarantee and
Collateral Agreement and reasonably satisfactory to the Administrative Agent and Collateral Agent and (Y) take all actions necessary or advisable in its reasonable determination to grant to, or continue on behalf of, the Collateral Agent, for
the benefit of the Secured Parties, a perfected first priority security interest in such Collateral, to the extent required by the Security Documents, subject to Liens permitted under Section 6.02 hereof, including compliance with the White
Wash Requirements, the filing of financing statements in such jurisdictions as may be required by the Irish Security Documents or by any applicable law or as may be reasonably requested by the Administrative Agent or the Collateral Agent and
(Z) if requested by the Administrative Agent, deliver to the Administrative Agent and the Collateral Agent legal opinions relating to the matters described in clauses (X) and (Y) above, which opinions, if required, shall be in form
and substance, and from counsel, reasonably satisfactory to the Administrative Agent and the Collateral Agent. Within 20 days after the Initial Funding Date (which may be extended by the Administrative Agent in its sole discretion), the Borrower
shall deliver to the Administrative Agent and the Collateral Agent a duly executed and delivered Perfection Certificate relating to Holdings, the Borrower, Target and the Subsidiary Guarantors. Within three Business Days after the Initial Funding
Date, Holdings shall procure the delivery to the Collateral Agent by BidCo of original share certificates and undated stock transfer forms relating to all Target Shares acquired by BidCo in the Acquisition pursuant to and in accordance with the
terms of the Irish Debenture executed and delivered by BidCo. 
  

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 (b) With respect to any Collateral (other than Real Property) acquired after the Initial
Funding Date or, in the case of any material Collateral moved after the Commitment Effective Date (or for which ownership has been transferred to another Loan Party) by the Borrower or any other Loan Party (other than any Collateral described in
paragraphs (c) or (d) of this Section) as to which the Collateral Agent, for the benefit of the Secured Parties, does not have a first priority perfected security interest (other than due to prior Liens expressly permitted under
Section 6.02), promptly (and, in any event, within 45 days following the date of such acquisition or transfer) (i) execute and deliver to the Administrative Agent and the Collateral Agent such Guarantees, amendments to the Security
Documents or such new Security Documents as the Collateral Agent deems necessary or advisable in its reasonable determination to grant to the Collateral Agent, for the benefit of the Secured Parties, a security interest in such Collateral,
consistent with the provisions hereof and the other Loan Documents and (ii) take all actions as reasonably requested by the Collateral Agent to grant to, or continue on behalf of, the Collateral Agent, for the benefit of the Secured Parties, a
perfected first priority security interest in such Collateral to the extent required by the Security Documents subject to Liens permitted under Section 6.02 hereof, including the filing of UCC financing statements in such jurisdictions as may
be required by the Guarantee and Collateral Agreement or by law or as may be reasonably requested by the Administrative Agent or the Collateral Agent. 

(c) With respect to any fee interest in any Collateral consisting of Real Property having a value in excess of $2,000,000 acquired after
the Initial Funding Date by the Borrower or any other Loan Party, promptly (and, in any event, within 60 days following the date of such acquisition or such longer period as the Administrative Agent may agree in its sole discretion) (i) execute
and deliver a first priority Mortgage (subject to Liens permitted by Section 6.02) in favor of the Collateral Agent, for the benefit of the Secured Parties, covering such owned Real Property and complying with the provisions herein and in the
Security Documents, (ii) provide the Secured Parties with extended coverage (if available in the jurisdiction in which such owned Real Property is located) and title insurance in an amount at least equal to the purchase price of such owned Real
Property (or such other amount as the Administrative Agent shall reasonably specify), together with such endorsements as are reasonably required by the Administrative Agent and the Collateral Agent and are obtainable in the jurisdiction in which
such owned Real Property is located, as well as a current ALTA survey thereof and flood insurance, if applicable, all in form and substance reasonably satisfactory to the Administrative Agent and the Collateral Agent, and only to the extent it is
customary to receive or obtain the foregoing in connection with a Mortgage in such jurisdiction, (iii) if reasonably requested by the Administrative Agent, deliver to the Administrative Agent and the Collateral Agent legal opinions relating to
the matters described above, and only to the extent it is customary to receive or obtain the foregoing in connection with a Mortgage in such jurisdiction, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to
the Administrative Agent and the Collateral Agent and (iv) deliver to the Administrative Agent a notice identifying, and upon the Administrative Agent’s request, provide a copy of, the consultant’s reports, environmental site

  

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assessments or other documents relied upon by the Borrower or any other Loan Party, if any, to determine that any such owned Real Property included in such Collateral does not contain Hazardous
Materials of a form or type or in a quantity or location that could reasonably be expected to result in a material Environmental Liability; provided, however, that notwithstanding the terms of this Section 5.09(c) or any other provision of this
Agreement, no Loan Party shall be required to grant a Mortgage, or take any other action required under this Section 5.09(c), with respect to any owned Real Property if, in the reasonable judgment of the Administrative Agent the burden, cost or
consequences (including any tax consequences) of granting such Mortgage or taking such other action is excessive in relation to the benefits to be obtained therefrom by the Lenders under the Loan Documents. 

(d) With respect to any Restricted Subsidiary (other than an Excluded Subsidiary) created or acquired after the Initial Funding Date by
Holdings (which, for purposes of this paragraph, shall include any existing Restricted Subsidiary that ceases to be an Excluded Subsidiary at any time following the Initial Funding Date), the Borrower or any of the Restricted Subsidiaries, promptly
(and, in any event, within 45 days following such creation or the date of such acquisition) (i) execute and deliver to the Administrative Agent and the Collateral Agent such amendments to the existing Security Documents or enter into new
Security Documents as the Administrative Agent or the Collateral Agent deems necessary or advisable in its reasonable determination to grant to the Collateral Agent, for the benefit of the Secured Parties, a valid, perfected first priority security
interest the Equity Interests in such new Restricted Subsidiary that are owned by Holdings, the Borrower or any of the Restricted Subsidiaries, (ii) deliver to the Collateral Agent the certificates, if any, representing such Equity Interests,
together with undated stock powers, in blank, executed and delivered by a duly authorized officer of Holdings, the Borrower or such Restricted Subsidiary, as the case may be, (iii) cause such new Restricted Subsidiary (A) to become a party
to the existing Security Documents or enter into the new Security Documents (and provide Guarantees of the Obligations) and (B) to take such actions necessary or advisable in its reasonable determination to grant to the Collateral Agent, for
the benefit of the Secured Parties, a perfected first priority security interest in the Collateral to the extent required by the Security Documents, subject to Liens permitted under Section 6.02 hereof, with respect to such new Restricted
Subsidiary, including the recording of instruments in the United States Patent and Trademark Office and the United States Copyright Office and the filing of UCC financing statements in such jurisdictions as may be required by the Guarantee and
Collateral Agreement, the Intellectual Property Security Agreement or by law or as may be requested by the Administrative Agent or the Collateral Agent, only to the extent it is customary to receive or obtain the foregoing in such jurisdiction and
(iv) if requested by the Administrative Agent, deliver to the Administrative Agent and the Collateral Agent legal opinions relating to the matters described above, only to the extent it is customary to receive or obtain the foregoing in such
jurisdiction, which opinions, if required, shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent and the Collateral Agent. 

(e) With respect to any Excluded Foreign Subsidiary created or acquired after the Initial Funding Date by US Borrower or any of its US
Subsidiaries, promptly (and, in any event, within 45 days following such creation or the date of such acquisition) (i) execute and deliver to the Administrative Agent and the Collateral Agent such amendments to the Guarantee and Collateral
Agreement as the Administrative Agent or the Collateral Agent deems necessary or advisable in 
  

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its reasonable determination in order to grant to the Collateral Agent, for the benefit of the Secured Parties, a perfected first priority security interest in the Equity Interests in such new
Excluded Foreign Subsidiary that is directly owned by the US Borrower or any of its US Subsidiaries that are Loan Parties (provided that in no event shall more than 65% of the total outstanding voting Equity Interests in any such new Excluded
Foreign Subsidiary be required to be so pledged), (ii) deliver to the Collateral Agent the certificates representing such Equity Interests, together with undated stock powers, in blank, executed and delivered by a duly authorized officer of US
Borrower or such US Subsidiary of US Borrower, as the case may be, and take such other action as may be necessary or, in the opinion of the Administrative Agent or the Collateral Agent, advisable in its reasonable determination to perfect the
security interest of the Collateral Agent thereon and (iii) if requested by the Administrative Agent, deliver to the Administrative Agent and the Collateral Agent legal opinions relating to the matters described above, which opinions shall be
in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent and the Collateral Agent. 

Section 5.10 Further Assurances. From time to time duly authorize, execute and deliver, or cause to be duly authorized,
executed and delivered, such additional instruments, certificates, financing statements, agreements or documents, and take all such actions (including filing UCC and other financing statements), as the Administrative Agent or the Collateral Agent
may reasonably request, for the purposes of implementing or effectuating the material provisions of this Agreement and the other Loan Documents, or of more fully perfecting or renewing the rights of the Administrative Agent, the Collateral Agent and
the Secured Parties with respect to the Collateral (or with respect to any additions thereto or replacements or proceeds or products thereof or with respect to any other property or assets hereafter acquired by Holdings, the Borrower or any
Restricted Subsidiary which may be deemed to be part of the Collateral) pursuant hereto or thereto. Upon the exercise by the Administrative Agent, the Collateral Agent or any Lender of any power, right, privilege or remedy pursuant to this Agreement
or the other Loan Documents which requires any consent, approval, recording, qualification or authorization of any Governmental Authority, each of Holdings and the Borrower will execute and deliver, or will cause the execution and delivery of, all
applications, certifications, instruments and other documents and papers that the Administrative Agent, the Collateral Agent or such Lender may be required to obtain from Holdings, the Borrower or any of the Restricted Subsidiaries for such
governmental consent, approval, recording, qualification or authorization. 
 Section 5.11 Interest Rate Protection.
Enter into as promptly as practicable (and in any event no later than the 180th day after the Initial Funding Date), and maintain at all times thereafter until the date that is 2 years after the Initial Funding Date, protection against fluctuations
in interest rates pursuant to, as of such time, one or more interest rate Hedge Agreements in form and substance reasonably satisfactory to the Administrative Agent in order to ensure that no less than 50% of the aggregate outstanding principal
amount of the Term Loans and Senior Notes then outstanding is either (i) subject to such Interest Rate Agreements and/or (ii) Indebtedness that bears interest at a fixed rate. 

Section 5.12 Maintenance of Ratings. The Borrower will at all times use commercially reasonable efforts to maintain a public
rating of the Facilities and a public corporate rating for the Borrower, in each case issued by Moody’s Investors Services, Inc. and Standard & Poor’s Ratings Services. 

 

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 Section 5.13 Centre of Main Interest. In the case of the Borrower or Guarantor
incorporated in a Member State of the European Union, maintain its centre of main interest (as that term is used in Article 3(1) of The Council of the European Union Regulation No. 1346/2000 on Insolvency Proceedings (the
“Regulation”)) in its jurisdiction of incorporation and ensure that it has no “establishment” (as that term is used in Article 2(h) of the Regulation) in any other jurisdiction. 

Section 5.14 Irish and UK Data Protection. In the case of any UK Guarantor, comply with the UK Data Protection Act 1998
and/or any analogous law, and, in the case of any Loan Party organized under the laws of the Republic of Ireland, comply with the Irish Data Protection Acts 1988 - 2003 and/or any analogous law, except, in each case, where the failure to comply
could not reasonably be expected to result in, either individually or in the aggregate, a Material Adverse Effect. 

Section 5.15 Scheme Affirmative Covenants. At all times during the Certain Funds Period and, to the extent applicable under
the Scheme, at all times thereafter (other than with respect to clauses (a) through (f) below), 
 (a) Ensure that the
Press Release, the Further Press Release, Scheme Circular, the resolutions referred to in the Scheme Circular, the Scheme Transaction Agreement, the other Scheme Documents and the implementation of the Scheme comply in all material respects with all
Requirements of Law (including, without limitation, the Companies Acts, 1963-2009 of Ireland, the United Kingdom Financial Services and Markets Act 2000, the Investment Intermediaries Act, 1995 of Ireland, the Takeover Panel Act and the Takeover
Code subject to any applicable waivers by the Takeover Panel); provided, that no act or omission solely on the part of an Arranger in connection with the syndication of the Facilities, the Senior Notes or the Bridge Credit Agreement shall be
the basis for a breach of this clause (a); 
 (b) Within (i) 5 days of the date of signing the Original Credit Agreement,
issue the Press Release and (ii) issue the Further Press Release within 5 days of the First Amendment Effective Date as such period may be extended at the direction of the Takeover Panel or the Court; 

(c) Use reasonable efforts to procure that the Target dispatches (i) the Scheme Circular to shareholders of the Target as soon as
reasonably practicable after the publication of the Press Release, and, in any event, within 28 days after the publication of the Press Release or on or before such later date as the Takeover Panel or the Court may direct or permit (in which case,
Holdings and the Borrower shall promptly notify the Administrative Agent of such other date) and (ii) any required Further Circular to shareholders of the Target as soon as reasonably practicable after the publication of the Further Press
Release and, in any event, within 28 days after the publication of the Further Press Release or on or before such other date as the Takeover Panel or the Court may direct or permit (in which case, Holdings and the Borrower shall promptly notify the
Administrative Agent of such other date); 
 (d) Propose the Scheme in the Scheme Circular on the terms and conditions set out
in the Press Release and the Scheme Documents to reflect such terms and conditions in all material respects or, where the Further Press Release has been issued, propose the Scheme in the Further Circular on the terms and conditions set out in the
Further Press Release and the Scheme Documents to reflect such terms and conditions in all material respects, in each case save as required by the Takeover Panel, the Court or the SEC; 

 

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 (e) Deliver to the Administrative Agent and the Lenders, (i) upon the reasonable
request by the Administrative Agent, updates on the status of and progress with respect to the Scheme, (ii) any updated financial information on Target and each Restricted Subsidiary of Target which becomes available to Holdings and its
Subsidiaries or the Sponsors, (iii) copies of all press and other announcements made by the Target, Holdings or the Borrower in connection with the Scheme and any documents or statements issued by the Takeover Panel or any other regulatory
authority in connection with the Scheme which has been received by Holdings, BidCo or the Borrower and (iv) such other information concerning the Scheme or otherwise relevant to the Scheme as the Administrative Agent may reasonably request;

 (f) Notify the Administrative Agent promptly upon becoming aware of any circumstance or event which would entitle withdrawal
from or lapse of the Scheme (other than a failure to satisfy any of the conditions specified in paragraphs 2(a)(v) or 2(e)(excluding subclause (i)) of Appendix I of the Press Release), and in such circumstance, if the Required Lenders reasonably
request, and if a waiver of, or failure to invoke, the breached term or unfulfilled condition of the Scheme Documents or other Acquisition Documentation would be material and prejudicial to the interests of the Lenders, the Borrower shall make such
representations to the Takeover Panel, or the Court, as applicable, on behalf of the Lenders as the Required Lenders shall request in order to obtain the consent of the Takeover Panel or the Court, as applicable, to permit it to invoke such relevant
condition; 
 (g) Use reasonable efforts to procure the registration by the Target, within 5 Business Days of the sanction of
the Scheme by the Court, of an office copy of the order of the Court sanctioning the Scheme and the associated minute on the reduction of the share capital of the Target with the Registrar of Companies in Ireland for the purposes of section 201(5)
of the Companies Act; and 
 (h) After the Scheme has become effective, procure that the Target is de-listed and re-registered
as a private limited company as soon as reasonably practicable and in any event within 50 days after the Scheme Effective Date. 

Section 5.16 Specified Affirmative Covenants. Immediately after the Commitment Effective Date, until the Syndication
Completion Date (provided that the certificate described in clause (g) below shall be required to be delivered within 2 Business Days after the Initial Funding Date), the following affirmative covenants, shall be applicable to each of Holdings
and the Borrower: 
 (a) prior to the Initial Funding Date, Holdings and the Borrower shall furnish to the Administrative Agent,
promptly after receipt from Target (and in no event later than five days after Target has made publicly available, in compliance with the reporting requirements of Section 13 or 15(d) of the Exchange Act (including any extensions permitted
under the Exchange Act)), (i) the consolidated balance sheets and statements of income, stockholder’s equity and cash flows for the Target as of and for the fiscal year ended January 31, 2010, in each case

  

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audited by and accompanied by the opinion of an independent public accountant of recognized national standing and (ii) the unaudited consolidated balance sheets and related statements of
income and cash flows of the Target for each fiscal quarter ended after January 31, 2010; 
 (b) Holdings and the Borrower
(1) shall provide (and shall cause the Sponsors to provide), (2) shall use commercially reasonable efforts to cause the Target and its subsidiaries to provide, and (3) shall use commercially reasonable efforts (including requesting
Target and its subsidiaries to use their commercially reasonable efforts) to cause each of Holdings’, the Borrower’s, the Sponsors’ and Target’s advisors to provide, the Arrangers and the other relevant syndicate members upon
request with all information reasonably requested by the Arrangers, including but not limited to the projections and financial and other information, reports, memoranda and evaluations prepared by, on behalf or at the direction of the Sponsors,
Holdings, the Borrower or the Restricted Subsidiaries; 
 (c) Holdings and the Borrower (1) shall assist (and shall cause
the Sponsors to assist), (2) shall use commercially reasonable efforts to cause the Target and its subsidiaries to assist and (3) shall use commercially reasonable efforts (including requesting Target and its subsidiaries to use their
commercially reasonable efforts) to cause each of Holdings’, the Borrower’s, the Sponsors’ and Target’s advisors to assist, in the preparation of the Confidential Information Memoranda; 

(d) Holdings and the Borrower shall use (and shall cause the Sponsors to use) commercially reasonable efforts to ensure that the
syndication efforts of the Arrangers benefit materially from the existing lending and banking relationships of the Sponsors, Holdings, and the Borrower; 

(e) Holdings and the Borrower shall use (and shall cause the Sponsors to use) and shall use commercially reasonable efforts to cause the
Target to use, commercially reasonable efforts to obtain public corporate credit and family ratings of the Borrower after giving effect to the Transactions and public credit ratings for each of the Facilities and the Senior Notes, in each case, from
Moody’s and S&P; 
 (f) Holdings and the Borrower shall assist (and shall cause the Sponsors to assist) and shall use
commercially reasonable efforts to cause the Target to assist, the Arrangers in their syndication efforts, including by making available the officers and representatives of Holdings and the Borrower and using commercially reasonable efforts to make
available the Sponsors’ and the Target’s respective officers and representatives, and to attend and make presentations regarding the business and prospects of the Borrower at one or more meetings of Lenders, in each case from time to time
at such times and places as mutually agreed; and 
 (g) Holdings shall cause the Chief Financial Officer of Holdings to deliver
a solvency certificate executed by such officer in form and substance reasonably satisfactory to the Administrative Agent confirming the solvency of Holdings and the Subsidiaries (including the Target and its Restricted Subsidiaries) on a
consolidated basis after giving effect to the Transactions. 
  

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 Notwithstanding the foregoing provisions of Section 5.16(b) through (f), Holdings and
the Borrower shall not be in breach of such clauses (b) through (f) to the extent that compliance by any Person (including requirements to request actions or inactions by the Target, its subsidiaries, or any of their officers,
representatives or advisors) could reasonably be expected to result in a violation of applicable law. 
 Section 5.17
White Wash Requirements and Final Debt Pushdown. Cause (a) the White Wash Requirements to have been completed by the Target and the Irish Guarantors within 50 days after the Initial Funding Date and (b) the Intermediate Debt
Assumption and the Final Debt Assumption to have been completed within 60 days after the Initial Funding Date. Holdings and Borrower shall notify the Administrative Agent promptly (and in no event later than three Business Days) after the completion
of the Final Debt Assumption, provided, however, that, if the Final Debt Assumption has not been completed within 60 days of the Initial Funding Date, Holdings and Borrower shall promptly notify the Administrative Agent regarding the status of the
Final Debt Assumption as of such date and the expected date of completion of the Final Debt Assumption. 
 Section 5.18
Designation of Subsidiaries. The board of directors of Holdings may at any time designate any Restricted Subsidiary as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (i) no
Default or Event of Default shall have occurred or be continuing or result therefrom, (ii) no Subsidiary may be designated as an Unrestricted Subsidiary if, after such designation, it would be a “Restricted Subsidiary” for the purpose
of the documentation related to the Senior Notes (or any documentation related to any Permitted Refinancing Indebtedness in respect thereof) or any Other Financing (as defined in Section 6.09(a)) or any other Indebtedness of any Loan Party and
(iii) Holdings and the Restricted Subsidiaries may Guarantee Indebtedness incurred by an Unrestricted Subsidiaries only to the extent permitted pursuant to Section 6.04(r). The designation of any Subsidiary as an Unrestricted Subsidiary
shall constitute an Investment by parent of such Subsidiary therein at the date of designation in an amount equal to the fair market value of the parent’s investment therein. The designation of any Unrestricted Subsidiary as a Restricted
Subsidiary shall constitute (i) the incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary existing at such time and (ii) a return on any Investment by the Loan Parties in Unrestricted Subsidiaries pursuant
to the preceding sentence in the amount equal to the fair market value at the date of such designation of the Loan Parties’ (as applicable) Investment in such Subsidiary. Notwithstanding the foregoing, neither the Borrower nor any direct or
indirect parent of the Borrower that is a Subsidiary shall be permitted to be an Unrestricted Subsidiary. 
 Section 5.19
Step Plan Transactions. Notwithstanding anything else to the contrary in this Agreement, the Lenders hereby acknowledge and agree that the Transactions, including all related transactions and actions specifically set forth in the Step Plan,
shall not constitute any Default or Event of Default on account of any breach of Section 5.01. 
 Section 5.20
Corporate Separateness. (a) Cause each Unrestricted Subsidiary to satisfy customary corporate and other formalities, including the maintenance of corporate and business records. 

(b) Ensure that (i) no bank account of any Unrestricted Subsidiary shall be commingled with any bank account of Holdings or any
Restricted Subsidiary, and (ii) any financial statements distributed to any creditors of any Unrestricted Subsidiary shall clearly establish or indicate the corporate separateness of such Unrestricted Subsidiary from Holdings and the Restricted
Subsidiaries. 
  

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 ARTICLE VI. 

Negative Covenants 

Each of Holdings and the Borrower covenants and agrees with each Lender that, so long as this Agreement shall remain in effect and until
the Commitments have been terminated and the principal of and interest on each Loan, all Fees and all other reasonable expenses or amounts payable under any Loan Document have been paid in full and all Letters of Credit have been cancelled or have
expired and all amounts drawn thereunder have been reimbursed in full, neither Holdings nor the Borrower will, nor will it cause or permit any of the Restricted Subsidiaries to (it being understood and agreed that the only covenants set forth in
this Article VI that shall be effective prior to the Initial Funding Date are the covenants set forth in Sections 6.09, 6.15, 6.16, 6.17(a) and 6.18, and that on and after the Initial Funding Date all of the covenants set forth in this Article VI
shall be effective): 
 Section 6.01 Indebtedness, Disqualified Equity Interests and Preferred Stock. Incur, create
or assume any Indebtedness (including Acquired Indebtedness) or issue any Disqualified Equity Interests or Preferred Stock, provided, that Holdings, the Borrower and any Restricted Subsidiary may incur Indebtedness (including Acquired Indebtedness)
or issue Disqualified Equity Interests or Preferred Stock, in each case if on the date of the incurrence of such Indebtedness (including Acquired Indebtedness) or issuance of such Disqualified Equity Interests or Preferred Stock, after giving pro
forma effect to the incurrence or issuance thereof, the Leverage Ratio would have been no greater than 5.50:1.00; provided that the amount of Indebtedness (including Acquired Indebtedness), Disqualified Equity Interests or Preferred Stock that may
be incurred or issued, as applicable, pursuant to the foregoing by Restricted Subsidiaries other than the US Co-Issuer or any Guarantor shall not exceed $30,000,000 at any one time outstanding. 

The foregoing limitations will not apply to: 

(a) Indebtedness of Target and its subsidiaries existing on the Initial Funding Date and any Permitted Refinancing Indebtedness in
respect of any such Indebtedness; 
 (b) Indebtedness created hereunder and under the other Loan Documents; 

(c) unsecured intercompany Indebtedness of Holdings, the Borrower and the Restricted Subsidiaries to the extent permitted by
Section 6.04(a) so long as such Indebtedness is, in the case of the Subordinated Note (as defined in the Guarantee and Collateral Agreement) or of borrowed money that is owed by a Loan Party to a Restricted Subsidiary that is not a Loan Party,
subordinated to the Obligations pursuant to an Affiliate Subordination Agreement; provided that in the case of the Subordinated Note, such subordination will not be necessary until the Collateral Completion Date; 

(d) Capitalized Lease Obligations and obligations in connection with purchase money financing in an aggregate principal amount of all
Indebtedness incurred pursuant to this Section 6.01(d), not exceeding at any time outstanding the greater of (A) $10,000,000 and (B) 2% of Total Assets; 
  

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 (e) Indebtedness, Disqualified Equity Interests or Preferred Stock of any Person that
becomes a Restricted Subsidiary in connection with a Permitted Acquisition after the Commitment Effective Date hereof (and any Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any such
Indebtedness, Disqualified Equity Interests or Preferred Stock); provided that (i) such Indebtedness, Disqualified Equity Interests or Preferred Stock exists at the time such Person becomes a Restricted Subsidiary and is not created in
contemplation of or in connection with such Person becoming a Restricted Subsidiary, (ii) immediately before and after such Person becomes a Restricted Subsidiary, no Default or Event of Default shall have occurred and be continuing and
(iii) the aggregate principal amount of Indebtedness, Disqualified Equity Interests or Preferred Stock permitted by this Section 6.01(e) shall not exceed $20,000,000 at any time outstanding; 

(f) Indebtedness in respect of performance, bid, appeal and surety bonds and performance and completion guarantees and similar
obligations provided by the Borrower or any of the Restricted Subsidiaries and Indebtedness incurred by the Borrower or any of the Restricted Subsidiaries in respect of bankers’ acceptances, warehouse receipts or similar instruments, including
in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other Indebtedness with respect to reimbursement-type obligations regarding workers
compensation claims, in each case in the ordinary course of business and consistent with past practice; 
 (g) Cash Management
Obligations and other Indebtedness in respect of netting services, automatic clearinghouse arrangements, overdraft protections, employee credit card programs and other cash management and similar arrangements in the ordinary course of business and
any Guarantees thereof; 
 (h) Indebtedness under Hedging Agreements required by Section 5.11 or otherwise entered into to
hedge against interest rates or foreign exchange rates and not for speculative purposes; 
 (i) Guarantees of Indebtedness under
this Section 6.01; 
 (j) Indebtedness representing deferred compensation to employees of the Borrower or any of the
Restricted Subsidiaries incurred in the ordinary course of business; 
 (k) Indebtedness, Disqualified Equity Interests or
Preferred Stock incurred by Restricted Subsidiaries that are not Loan Parties to any Persons (other than to Holdings or any Restricted Subsidiary); provided that the aggregate amount of such Indebtedness, Disqualified Equity Interests or Preferred
Stock shall not exceed $10,000,000 in the aggregate at any time outstanding for all such Restricted Subsidiaries; 
 (l)
[Reserved]; 
 (m) [Reserved]; 
  

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 (n) Indebtedness of Holdings and the Restricted Subsidiaries in an aggregate principal
amount not exceeding $310,000,000 at any time outstanding created under the Senior Notes Documentation, and in each case any Permitted Refinancing Indebtedness in respect of all or a portion of any such Indebtedness; 

(o) Indebtedness to current or former officers, directors, managers, consultants and employees, their Controlled Investment Affiliates or
Immediate Family Members to finance the purchase or redemption of Equity Interests of the Borrower (or any direct or indirect parent thereof) permitted by Section 6.06; 

(p) Indebtedness incurred by Holdings or any of the Restricted Subsidiaries in a Permitted Acquisition or any Disposition, in each case
to the extent constituting indemnification obligations or obligations in respect of purchase price (including earn-outs) or other similar adjustments; 

(q) Indebtedness consisting of obligations of Holdings and the Restricted Subsidiaries under deferred compensation or other similar
arrangements incurred by such Person in connection with the Transactions or any Permitted Acquisitions; 
 (r) Guarantees
incurred in the ordinary course of business in respect of obligations to suppliers, customers, franchisees, lessors and licensees of any Restricted Subsidiary; 

(s) Indebtedness incurred in the ordinary course of business in respect of obligations of any Restricted Subsidiary to pay the deferred
purchase price of goods or services or progress payments in connection with such goods and services; 
 (t) shares of Preferred
Stock of a Restricted Subsidiary issued to the Borrower or another Restricted Subsidiary, provided that any subsequent issuance or transfer of any Equity Interests or any other event which results in any such Restricted Subsidiary ceasing to be a
Restricted Subsidiary or any other subsequent transfer of any such shares of Preferred Stock (except to the Borrower or another Restricted Subsidiary or any pledge of such Equity Interests constituting a Lien permitted by Section 6.02) shall be
deemed in each case to be an issuance of such shares of Preferred Stock not permitted by this clause (t); and 
 (u)
Indebtedness, Disqualified Equity Interests or Preferred Stock of the Borrower or a Restricted Subsidiary incurred or issued to finance or assumed in connection with a Permitted Acquisition in an aggregate principal amount not to exceed, together
with all Permitted Refinancing Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness, Disqualified Equity Interests and Preferred Stock permitted under this clause (u), $200,000,000 at any one time
outstanding (it being understood that any Indebtedness, Disqualified Equity Interests or Preferred Stock incurred pursuant to this clause (u) shall cease to be deemed incurred or outstanding for purposes of this clause (u) but shall be
deemed incurred for the purposes of the first paragraph of this Section 6.01 from and after the first date on which the Borrower or such Restricted Subsidiary could have incurred such Indebtedness, Disqualified Equity Interests or Preferred
Stock under the first paragraph of this Section 6.01 without reliance on this clause (u)); 
  

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 provided, that, notwithstanding anything to the contrary in this Agreement,
the exception to this Section 6.01 listed in clause (u) above shall not apply at any time prior to the Collateral Completion Date. 

Notwithstanding anything to the contrary, the incurrence of any Incremental Term Loans or extensions of credit under additional Revolving
Credit Commitments obtained pursuant to Section 2.24 shall only be permitted to the extent such debt would otherwise be permitted to be incurred pursuant to this Section 6.01, other than pursuant to clause (b) of this
Section 6.01. 
 The accrual of interest, the accretion of accreted value and the payment of interest in the form of
additional Indebtedness shall not be deemed to be an incurrence of Indebtedness for purposes of this Section 6.01. The principal amount of any non-interest bearing Indebtedness or other discount security constituting Indebtedness at any
date shall be the principal amount thereof that would be shown on a balance sheet of the Borrower dated such date prepared in accordance with GAAP. 

Section 6.02 Liens. Create, incur, assume or permit to exist any Lien on any property or assets (including Equity Interests
or other securities of any Person, including any Restricted Subsidiary) now owned or hereafter acquired by it or on any income or revenues or rights in respect of any thereof, except: 

(a) Liens on property or assets of Target and its subsidiaries existing on the Initial Funding Date; provided that such Liens shall
secure only those obligations which they secure on the Initial Funding Date and refinancings, extensions, renewals and replacements thereof permitted hereunder; 

(b) any Lien created under the Loan Documents (other than Liens securing Incremental Term Loans or extensions of credit under additional
Revolving Credit Commitments obtained pursuant to Section 2.24); 
 (c) any Lien existing on any property or asset prior to
the acquisition thereof by Holdings or any Restricted Subsidiary and the replacement, extension or renewal of any Lien permitted by this clause (c) upon or in the same property previously subject thereto in connection with the replacement,
extension or renewal (without increase in the amount or any change in any direct or contingent obligor) of the Indebtedness secured thereby; provided that (i) such Lien is not created in contemplation of or in connection with such acquisition,
(ii) such Lien does not apply to any other property or assets of Holdings, the Borrower or any Restricted Subsidiary and (iii) such Liens secure Indebtedness permitted under Section 6.01(e); 

(d) Liens for Taxes not yet due, which are being contested in compliance with Section 5.03 and for which an adequate reserve to the
extent required by GAAP has been established on its books; 
 (e) Liens in respect of property or assets of Holdings or any
Restricted Subsidiary imposed by operation of law, such as carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business and securing obligations that, in
the case of material obligations, are not due and payable or which are being contested in good faith by appropriate actions, so long as such reserves or other appropriate provisions, if any, as shall be required by GAAP shall have been made for any
such contested amounts; 
  

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 (f)(i) pledges, deposits or security made in the ordinary course of business in compliance
with workmen’s compensation, unemployment insurance, employers’ health tax and other social security laws or regulations and (ii) pledges and deposits in the ordinary course of business securing liability for reimbursement or
indemnification obligations of (including obligations in respect of letters of credit or bank guarantees for the benefit of) insurance carriers providing property, casualty or liability insurance to the Borrower or any Restricted Subsidiary;

 (g) deposits to secure (A) the performance of bids, trade contracts (other than for Indebtedness), leases (other than
Capitalized Lease Obligations), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business and (B) stay and appeal bonds; 

(h) zoning restrictions (and other building, entitlement or other land use regulations by Governmental Authorities), easements,
rights-of-way, restrictions on use of real property and other similar encumbrances that, in the aggregate, do not materially detract from the value of the property subject thereto or interfere with the ordinary conduct of the business of Holdings or
any of the Restricted Subsidiaries or the ability of Holdings or any of the Restricted Subsidiaries to utilize such property for its intended purpose or prejudice the Liens under the Security Documents; 

(i) purchase money security interests (including Liens arising from precautionary UCC financing statements covering assets subject to a
Capitalized Lease Obligation) in real property, improvements thereto or other fixed or capital assets hereafter acquired (or, in the case of improvements, constructed) by Holdings or any Restricted Subsidiary and all products, accessions,
improvements and proceeds thereof; provided that (i) such security interests secure Indebtedness permitted by Section 6.01(d), (ii) such security interests are incurred, and the Indebtedness secured thereby is created, within 270 days
after such acquisition (or construction) and (iii) such security interests do not apply to any other property or assets of Holdings or any Restricted Subsidiary; 

(j) judgment Liens securing judgments not constituting an Event of Default under Section 7.01; 

(k) any interest or title of a lessor, sublessor, licensee, licensor or sublicensor under any lease or license entered into by Holdings
or any Restricted Subsidiary in the ordinary course of business or in connection with intellectual property transferred between Loan Parties and covering only the assets so leased or licensed; 

(l) Liens (i) of a collection bank arising under Section 4-208 of the Uniform Commercial Code on the items in the course of
collection and (ii) in favor of a banking or other financial institution arising as a matter of law or under customary contractual provisions encumbering deposits or other funds maintained with such banking or other financial institution
(including the right of set off and grants of security interests in deposits and/or securities held by such banking or other financial institution) and that are within the general parameters customary in the banking industry; 

 

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 (m) [Reserved]; 

(n) leases, licenses, subleases or sublicenses granted to others that do not (i) interfere in any material respect with the business
of any Loan Party and (ii) secure any Indebtedness; 
 (o) ground leases and master leases incurred in the ordinary course
of business in respect of Real Property on which facilities owned or leased by any Loan Party are located; 
 (p) Liens arising
from precautionary Uniform Commercial Code financing statement or similar filings; 
 (q) Liens in favor of customs and revenue
authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods in the ordinary course of business; 

(r) Liens arising out of conditional sale, title retention, consignment or similar arrangements for sale of goods entered into by the
Borrower or any of the Restricted Subsidiaries in the ordinary course of business; 
 (s) Liens deemed to exist in connection
with reasonable customary initial deposits and margin deposits and similar Liens attaching to brokerage accounts maintained in the ordinary course of business and not for speculative purposes; 

(t) Liens solely on any cash earnest money deposits made by the Borrower or any of the Restricted Subsidiaries in connection with any
letter of intent or purchase agreement permitted hereunder; 
 (u) Liens solely with respect to the assets of Restricted
Subsidiaries that are not Loan Parties in connection with Indebtedness permitted pursuant to clause (k) of Section 6.01; 

(v) Liens to the extent attaching to properties and assets with an aggregate fair value at the time of attachment not in excess of, and
securing liabilities not in excess of, $3,000,000 in the aggregate at any time outstanding; 
 (w) Liens on accounts receivable
and related assets incurred in connection with a Receivables Facility; and 
 (x) Liens incurred to secure obligations in
respect of any Indebtedness permitted to be incurred pursuant to Section 6.01 (including, to the extent permitted to be so incurred, Incremental Term Loans and extensions of credit under additional Revolving Credit Commitments obtained pursuant
to Section 2.24), in each case if on the date of the incurrence of such Liens and after giving pro forma effect to the incurrence thereof, the Secured Leverage Ratio would have been no greater than 3.25:1.00; provided that any Indebtedness
(other than additional Indebtedness incurred under this Agreement or the other Loan Documents) that is secured by Liens on the Collateral incurred pursuant to this clause (x) shall be subject to a

  

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customary intercreditor agreement (to be entered into by the Loan Parties, the Administrative Agent, the Collateral Agent and the agent or trustee with respect to such Indebtedness) in form and
substance reasonably satisfactory to the Administrative Agent and the Collateral Agent; 
 ; provided, that,
notwithstanding anything to the contrary in this Agreement, the exception to this Section 6.02 listed in clause (x) above shall not apply at any time prior to the Collateral Completion Date. 

Section 6.03 Sale and Lease-Back Transactions. Enter into any arrangement, directly or indirectly, with any Person whereby it
shall sell or transfer any property, real or personal or mixed, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property which it intends to use for substantially the same
purpose or purposes as the property being sold or transferred unless (a) the sale of such property is permitted by Section 6.05 and (b) any Capitalized Lease Obligations or Liens arising in connection therewith are permitted by
Section 6.01 and Section 6.02, as applicable. 
 Section 6.04 Investments, Loans and Advances. Purchase,
hold or acquire any Equity Interests, evidences of indebtedness or other securities of, make or permit to exist any loans or advances or capital contributions to, or make or permit to exist any investment or any other interest in, any other Person,
or purchase, lease or otherwise acquire (in one transaction or a series of transactions) all or any substantial part of the assets of any other Person (all of the foregoing, “Investments”), except: 

(a)(i) Investments by Holdings and the Restricted Subsidiaries existing on the Initial Funding Date in or to Holdings and the Restricted
Subsidiaries and (ii) additional Investments by Holdings and the Restricted Subsidiaries in or to Holdings and the Restricted Subsidiaries; provided that (A) any such Investment in Equity Interests held by a Loan Party shall be pledged
pursuant to the Security Documents subject to any applicable limitations set forth therein, (B) the aggregate amount of Investments after the Initial Funding Date by Loan Parties in Restricted Subsidiaries that are not Subsidiary Guarantors
shall not exceed $5,000,000 in cash or tangible property at any time outstanding (net of Returns) and (C) if such Investment shall be in the form of a loan or advance, such loan or advance made to any Loan Party by a Restricted Subsidiary that
is not a Loan Party shall be unsecured and subordinated to the Obligations pursuant to an Affiliate Subordination Agreement and, if such loan or advance shall be made by a Loan Party and is evidenced by a promissory note, such promissory note shall
be pledged to the Collateral Agent for the ratable benefit of the Secured Parties pursuant to the Security Documents subject to any applicable limitations set forth therein; 

(b) Permitted Investments; 

(c) Investments received in connection with the bankruptcy, insolvency, court protection or reorganization of, or settlement of
delinquent accounts and disputes with, customers and suppliers, in each case in the ordinary course of business; 
  

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 (d) Holdings and the Restricted Subsidiaries may make loans and advances in the ordinary
course of business to their respective employees so long as the aggregate principal amount thereof at any time outstanding (determined without regard to any write-downs or write-offs of such loans and advances) shall not exceed $3,000,000;

 (e) the Acquisition and Permitted Acquisitions; 

(f) Investments of Target and its subsidiaries existing on the Initial Funding Date; 

(g) extensions of trade credit in the ordinary course of business; 

(h) Investments made as a result of the receipt of non-cash consideration from a sale, transfer or other disposition of any asset in
compliance with Section 6.05; 
 (i) intercompany loans and advances to Holdings to the extent that Restricted Subsidiaries
may pay dividends to Holdings pursuant to Section 6.06 (and in lieu of paying such dividends); provided that such intercompany loans and advances (i) shall be made for the purposes, and shall be subject to all the applicable limitations
set forth in, Section 6.06 and (ii) shall be unsecured and subordinated to the Obligations pursuant to an Affiliate Subordination Agreement; 

(j) Holdings and the Restricted Subsidiaries may make loans and advances in the ordinary course of business to content providers, royalty
partners and subcontractors so long as the aggregate principal amount thereof at any time outstanding (determined without regard to any write-downs or write-offs of such loans and advances) shall not exceed $5,000,000; 

(k) Investments in Hedging Agreements permitted by Section 6.01; 

(l) Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit
and Article 4 customary trade arrangements with customers consistent with past practices or the equivalent thereto in the applicable jurisdiction; 

(m) advances of payroll payments to employees in the ordinary course of business and consistent with past practice; 

(n) Guarantees by any of the Restricted Subsidiaries of leases (other than Capitalized Lease Obligations) or of other obligations that do
not constitute Indebtedness, in each case entered into in the ordinary course of business; 
 (o) to the extent constituting an
Investment, Investments consisting of Indebtedness, Liens, sales of assets, Restricted Payments and prepayments, redemptions, purchases, defeasances or other satisfactions of Indebtedness permitted under Sections 6.01, 6.02, 6.05, 6.06 and
6.09, respectively; 
 (p) Investments held by a Restricted Subsidiary acquired after the Commitment Effective Date or of a
Person merged or amalgamated with or into the Borrower or merged, amalgamated or consolidated with a Restricted Subsidiary, in each case in accordance with Section 6.05 and otherwise in accordance with this Section 6.04, to the extent that
such Investments were not made in contemplation of or in connection with such acquisition, merger, amalgamation or consolidation and were in existence on the date of such acquisition, merger, amalgamation or consolidation; 

 

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 (q) Investments by the Restricted Subsidiaries in an aggregate amount not to exceed
(determined without regard to any write-downs or write-offs of such investments, loans and advances) the portion, if any, of the Available Basket Amount on the date of such election that the applicable Loan Party elects to apply to this paragraph
(p); provided, that, at the time of any such Investment both before and after giving effect thereto, no Event of Default or Default shall have occurred and be continuing or would result therefrom; provided, further, that no Investment may be made
pursuant to this clause (q) in any Unrestricted Subsidiary for the purpose of making a Restricted Payment prohibited pursuant to Section 6.06; 

(r) any Investment by the Restricted Subsidiaries in an aggregate amount not to exceed, together with all other Investments made pursuant
to this Section 6.04(r), Restricted Payments made pursuant to Section 6.06(a)(xiii), repurchases of Equity Interests made pursuant clause (d) of Section 6.06(a)(vi), and repurchases of Indebtedness made pursuant to
Section 6.09(b)(i)(G), $50,000,000 plus Returns in respect of any such Investment to the extent that such Returns do not increase Consolidated Net Income; provided that no Default or Event of Default shall have occurred and be continuing or
would result therefrom; provided, further, that no Investment may be made pursuant to this clause (r) in any Unrestricted Subsidiary for the purpose of making a Restricted Payment prohibited pursuant to Section 6.06; 

(s) loans and advances made by Holdings to the extent that the amount so advanced could otherwise have been applied by Holdings to make a
Restricted Payment permitted pursuant to Section 6.06; and 
 (t) Investments relating to a Receivables Subsidiary that, in
the good faith determination of the Borrower are necessary or advisable to effect any Receivables Facility; 
 provided,
that, notwithstanding anything to the contrary in this Agreement, the exceptions to this Section 6.04 listed in clauses (q) and (r) above shall not apply at any time prior to the Collateral Completion Date. 

Section 6.05 Dispositions. Make any Disposition or enter into any agreement to make any Disposition, except: 

(a) Dispositions of obsolete, worn out, used or surplus property, whether now owned or hereafter acquired, in the ordinary course of
business and Dispositions of property no longer used or useful in the conduct of the business of the Borrower and the Restricted Subsidiaries; 

(b) Dispositions of inventory, goods held for sale in the ordinary course of business and immaterial assets (including allowing any
registrations or any applications for registration of any intellectual property to lapse or go abandoned in the ordinary course of business); 

(c) Dispositions of property to the extent that (i) such property is exchanged for credit against the purchase price of similar
replacement property or (ii) subject to Section 2.13(b)(i)(B) the proceeds of such Disposition are applied to the purchase price of such replacement property (which replacement property is actually promptly purchased); 

 

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 (d) Dispositions of property to any Restricted Subsidiary; provided that if the
transferor of such property is a Loan Party, (i) the transferee thereof must be a Loan Party or (ii) to the extent such transaction constitutes an Investment, such transaction is permitted under Section 6.04; 

(e) Dispositions permitted by Sections 6.04, 6.06, and 6.09, and Liens permitted by Section 6.02; 

(f) Dispositions of cash and Permitted Investments in the ordinary course of business; 

(g) leases, subleases, licenses or sublicenses (including the provision of software under an open source license), in each case which do
not materially interfere with the business of the Borrower and the Restricted Subsidiaries, taken as a whole; 
 (h) transfers
of property subject to Recovery Events upon receipt of the Net Cash Proceeds of such Recovery Event; 
 (i) Dispositions of
property not otherwise permitted under this Section 6.05; provided that (i) at the time of such Disposition (other than any such Disposition made pursuant to a legally binding commitment entered into at a time when no Default or
Event of Default exists), no Default or Event of Default shall exist or would result from such Disposition; (ii) the Borrower or any Restricted Subsidiary shall receive not less than 75% of such consideration in the form of cash or Permitted
Investments; (iii) such consideration is at least equal to the Fair Market Value of the assets being sold, transferred, leased or disposed of; and (iv) the Fair Market Value of all assets sold, transferred, leased or disposed of pursuant
to this clause (i) shall not exceed $10,000,000 in any fiscal year; provided, however, that for the purposes of subclause (ii), (A) any Designated Non-Cash Consideration received in respect of such Disposition having an aggregate Fair
Market Value, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (A) that is at that time outstanding, not in excess of $2,500,000 at the time of the receipt of such Designated Non-Cash
Consideration, with the Fair Market Value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, shall be deemed to be cash; 

(j) Dispositions of Investments in joint ventures to the extent required by, or made pursuant to customary buy/sell arrangements between,
the joint venture parties set forth in joint venture arrangements and similar binding arrangements; 
 (k) Dispositions of
accounts receivable in connection with the collection or compromise thereof (other than in connection with factoring programs, receivables programs or other similar programs); 

(l) to the extent allowable under Section 1031 of the Tax Code (or comparable or successor provision), any exchange of like property
(excluding any boot thereon permitted by such provision) for use in any business conducted by the Borrower or any of the Restricted Subsidiaries; 

(m) the unwinding of any Hedging Agreement; and 
  

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 (n) sales of accounts receivable, or participations therein, in connection with any
Receivables Facility. 
 Section 6.06 Restricted Payments; Restrictive Agreements. (a) Declare or make, or
agree to declare or make, directly or indirectly, any Restricted Payment (including pursuant to any Synthetic Purchase Agreement), or incur any obligation (contingent or otherwise) to do so; provided, however, that: 

(i) any Restricted Subsidiary may make Restricted Payments to any other Restricted Subsidiary (and, in the case of a
Restricted Payment by a non-wholly owned Restricted Subsidiary, to any other Restricted Subsidiary and to each other owner of Equity Interests of such Restricted Subsidiary based on their relative ownership interests of the relevant class of Equity
Interests); 
 (ii)(x) Holdings and the Restricted Subsidiaries may redeem in whole or in part any of their
respective Equity Interests (other than Disqualified Equity Interests) for another class of Equity Interests or rights to acquire their respective Equity Interests or with proceeds from substantially concurrent equity contributions or issuances of
new Equity Interests, provided that any terms and provisions material to the interests of the Lenders contained in such other class of Equity Interests are no less advantageous in any material respect to the Lenders as those contained in the
Equity Interests redeemed thereby or (y) any Restricted Subsidiary may declare and make dividend payments or other distributions in each case to Loan Parties payable solely in the Equity Interests of such Person; 

(iii) Restricted Payments may be made on the Scheme Effective Date, the Initial Funding Date or as otherwise specifically
contemplated in the Step Plan, in each case in order to consummate the Transactions; 
 (iv) to the extent
constituting Restricted Payments, Holdings and the Restricted Subsidiaries may enter into and consummate transactions expressly permitted by any provision of Section 6.04 and Section 6.07(d); 

(v) cashless repurchases of Equity Interests in Holdings, the Borrower or any of the Restricted Subsidiaries deemed to
occur upon exercise of stock options or warrants if such Equity Interests represent a portion of the exercise price of such options or warrants shall be permitted; 

(vi) a Restricted Subsidiary may pay (or make Restricted Payments to allow Holdings or any direct or indirect parent
thereof to pay) for the repurchase, retirement or other acquisition or retirement for value of Equity Interests of Holdings (or of any such direct or indirect parent of Holdings) by any future, present or former employee, director, officer, manager
or consultant (or any Controlled Investment Affiliate or Immediate Family Member thereof) of Holdings (or any direct or indirect parent of Holdings) or any Restricted Subsidiaries upon the death, disability, retirement or termination of employment
of any such person or otherwise pursuant to any employee or director equity plan, employee or director stock option plan or any other employee or director benefit 

 

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plan or any agreement (including any stock subscription or shareholder agreement) with any future, present or former employee, director, officer, manager or consultant of Holdings (or any direct
or indirect parent of Holdings) or any Restricted Subsidiaries (including, for the avoidance of doubt, any principal and interest payable on any notes issued by Holdings (or of any direct or indirect parent of Holdings) in connection with any such
repurchase, retirement or other acquisition or retirement); provided that (a) the aggregate amount of Restricted Payments made pursuant to this clause (vi) in any calendar year, shall not exceed $4,000,000 (or, after a Qualified
Public Offering, $8,000,000), (b) any unused amounts in any calendar year may be carried over to succeeding calendar years, so long as the aggregate amount of all Restricted Payments made pursuant to this clause (vi) in any calendar year
(after giving effect to such carry forward) shall not exceed $10,000,000 (or, after a Qualified Public Offering, $20,000,000); (c) that any cancellation of Indebtedness owing to Holdings in connection with and as consideration for a repurchase
of Equity Interests of Holdings (or any of its direct or indirect parents) shall not be deemed to constitute a Restricted Payment for purposes of this clause (vi); and (d) such amount may be increased in the aggregate by (I) up to the
lesser of (A) $10,000,000 and (B) the difference of $50,000,000 minus the sum of (1) all prior repurchases, retirement or other acquisitions of Equity Interests made pursuant to this clause (d), (2) Restricted Payments
made pursuant to Section 6.06 (a)(xiii), (3) Investments made pursuant to Section 6.04(r) and (4) repurchases of Indebtedness made pursuant to Section 6.09(b)(i)(G), so long as no Default or Event of Default shall have
occurred and be continuing or would result therefrom, and (II) the remainder of (x) the net cash proceeds of key man life insurance policies received by Holdings, the Borrower or any Restricted Subsidiary after the Commitment Effective Date
less (y) the aggregate amount of all Restricted Payments made after the Commitment Effective Date with the net cash proceeds described in preceding clause (x); 

(vii) the Restricted Subsidiaries may make Restricted Payments to Holdings or any direct or indirect parent of Holdings:

 (A) the proceeds of which will be used to pay (or make Restricted Payments to allow any direct or indirect
parent thereof to pay) the Tax liability to each foreign, federal, state or local jurisdiction in respect of which a consolidated, combined, unitary or affiliated return is filed by Holdings (or such direct or indirect parent) that includes the
Subsidiaries, to the extent such Tax liability does not exceed the lesser of (A) the Taxes that would have been payable by the Subsidiaries as a stand-alone group and (B) the actual Tax liability of Holdings’ consolidated, combined,
unitary or affiliated group (or, if Holdings is not the parent of the actual group, the Taxes that would have been paid by Holdings and/or the Subsidiaries as a stand-alone group), reduced by any such payments paid or to be paid directly by the
Subsidiaries; 
 (B) the proceeds of which shall be used to pay (or make Restricted Payments to allow any direct
or indirect parent thereof to pay) operating costs and expenses incurred in the ordinary course of business and other overhead costs and expenses (including administrative, legal, accounting and similar expenses provided by third parties);

  

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 (C) the proceeds of which shall be used to pay (or make Restricted Payments
to allow any direct or indirect parent thereof to pay) franchise taxes and other fees, Taxes and expenses required to maintain its (or any of its direct or indirect parents’) legal existence; 

(D) to finance any Investment permitted to be made pursuant to Section 6.04; provided that (A) such Restricted
Payment shall be made substantially concurrently with the closing of such Investment and (B) Holdings shall, immediately following the closing thereof, cause (1) all property acquired (whether assets or Equity Interests) to be contributed
to the Borrower or another Restricted Subsidiary or (2) the merger or amalgamation (to the extent not prohibited by Section 6.14) of the Person formed or acquired into the Borrower or another Restricted Subsidiary in order to consummate
such Permitted Acquisition, in each case, in accordance with the applicable requirements of Section 5.09; 

(E) the proceeds of which shall be used to pay (or make Restricted Payments to allow any direct or indirect parent
thereof to pay) costs, fees and expenses (other than to Affiliates) related to any equity or debt offering not prohibited by this Agreement (whether or not successful); 

(F) the proceeds of which shall be used to pay (or make Restricted Payments to allow any direct or indirect parent
thereof to pay) amounts permitted to be paid pursuant to Section 6.09(b) in connection with the Senior Notes (or any Permitted Refinancing Indebtedness in respect of any of the foregoing) and the payment of fees and expenses related thereto;
and 
 (G) the proceeds of which shall be used to make Restricted Payments pursuant to Section 6.06(a)(vi),
(viii), (x), (xi), (xii), (xiii) and (xv); 
 ; provided, that for purposes of this clause (vii), any reference to
“parent” shall mean any Person which holds, directly or indirectly, beneficially or of record, 100% of the issued and outstanding Equity Interests of Holdings; 

(viii) the Restricted Subsidiaries may declare and pay (or make Restricted Payments to allow Holdings or any direct or
indirect parent thereof to declare and pay) cash in lieu of fractional Equity Interests in connection with any dividend, split or combination thereof or any Permitted Acquisition and the Restricted Subsidiaries and Holdings may honor any conversion
request by a holder of convertible Indebtedness and the Restricted Subsidiaries may declare and pay (or make Restricted Payments to allow Holdings or any direct or indirect parent thereof to declare and pay) cash payments in lieu of fractional
shares in connection with any such conversion; 
  

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 (ix) the payment of any dividend or distribution within 60 days
after the date of declaration thereof shall be permitted, if at the date of declaration (i) such payment would have complied with the provisions of this Agreement and (ii) no Default or Event of Default occurred and was continuing;

 (x) a Restricted Subsidiary may declare and pay (or make Restricted Payments to allow Holdings or any direct
or indirect parent thereof to declare and pay) dividends on the Target’s (or any direct or indirect parent) common stock following the first public offering of the Target’s common stock or the common stock of any of its direct or indirect
parents after the Initial Funding Date, of up to 6.0% per annum of the net proceeds received by or contributed to the Borrower in or from any such public offering, other than public offerings with respect to the Target’s (or any direct or
indirect parent) common stock registered on Form S–4 or Form S–8; 
 (xi) a Restricted Subsidiary may
make payments (or make Restricted Payments to allow Holdings or any direct or indirect parent thereof to make payments) in respect of withholding or similar Taxes payable by any future, present or former employee, director, officer, manager or
consultant (or any Controlled Investment Affiliate or Immediate Family Member) and any repurchases of Qualified Equity Interests in consideration of such payments including deemed repurchases in connection with the exercise of stock options;

 (xii) in addition to the foregoing Restricted Payments and so long as no Event of Default or Default shall
have occurred and be continuing or would result therefrom, any Restricted Subsidiary may make additional Restricted Payments to Holdings (or any direct or indirect parent of Holdings), the proceeds of which may be utilized by Holdings (or any direct
or indirect parent of Holdings) to make additional Restricted Payments, in an aggregate amount not to exceed the portion, if any, of the Available Basket Amount on the date of such election that Holdings elects to apply to this clause (xii) of
this Section 6.06(a); 
 (xiii) any Restricted Subsidiary may make additional Restricted Payments to
Holdings (or any direct or indirect parent of Holdings), the proceeds of which may be utilized by Holdings (or any direct or indirect parent of Holdings) to make additional Restricted Payments, in aggregate amount not to exceed, together with all
other Restricted Payments made pursuant to this Section 6.06(a)(xiii), repurchases of Equity Interests made pursuant to clause (d) of Section 6.06(a)(vi), Investments made pursuant to Section 6.04(r) and repurchases of
Indebtedness made pursuant to Section 6.09(b)(i)(G), $50,000,000, so long as (i) no Default or Event of Default shall have occurred and be continuing or would result therefrom and (ii) immediately after giving effect to any such
Restricted Payment, the Leverage Ratio, after giving pro forma effect to such transaction, would be no greater than 4.5 to 1.0; 

(xiv) distributions or payments of Receivables Fees shall be permitted; 

 

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 (xv)(a) the declaration and payment of dividends to holders of any class or
series of Designated Preferred Stock (other than Disqualified Equity Interests) issued by the Initial Borrower after the Initial Funding Date shall be permitted; or 

(b) the declaration and payment of regularly scheduled or accrued dividends to a direct or indirect parent company of the
Initial Borrower, the proceeds of which will be used to fund the payment of dividends to holders of any class or series of Designated Preferred Stock (other than Disqualified Equity Interests) of such parent company issued after the Initial Funding
Date shall be permitted; 
 provided, however, in the case of each of (a) and (b) of this clause (xv),
that (A) at the time such payment is made, the Borrower could incur $1.00 of additional Indebtedness under the provisions of the first paragraph of Section 6.01 and (B) the amount of dividends paid on such Designated Preferred Stock
pursuant to clause (a) or (b), as applicable, shall not exceed the aggregate amount of cash actually contributed to or received by the Initial Borrower from the sale of such Designated Preferred Stock; 

provided, that, notwithstanding anything to the contrary in this Agreement, the exceptions to this Section 6.06(a)
listed in clause (vi)(d), clause (xii) and clause (xiii) shall not apply at any time prior to the Collateral Completion Date. 

(b) Enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon:

 (i) the ability of Holdings or any Restricted Subsidiary to create, incur or permit to exist any Lien upon any
of its property or assets for the benefit of the Lenders with respect to the Facility and the Obligations or under the Loan Documents, or 

(ii) the ability of any Restricted Subsidiary of Target to pay dividends or other distributions with respect to any of its
Equity Interests or to make or repay loans or advances to any Loan Party or to provide any Guarantee of any obligation of any Loan Party; 

provided that: 

(A) the foregoing shall not apply to restrictions and conditions imposed by law or by any Loan Document; 

(B) the foregoing shall not apply to restrictions and conditions applicable to Target and its subsidiaries that exist on
the Initial Funding Date or to restrictions and conditions contained in amendments, refinancings or other modifications to the agreements or other arrangements that contains such restrictions and conditions; provided that such amendments,
refinancings or other modifications are not materially more restrictive than the restrictions and conditions that exist on the Initial Funding Date; 
  

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 (C) the foregoing shall not apply to customary restrictions and conditions
contained in agreements relating to the sale of a Restricted Subsidiary pending such sale, provided such restrictions and conditions apply only to the Restricted Subsidiary that is to be sold and such sale is permitted hereunder; 

(D) the foregoing shall not apply to restrictions and conditions imposed on any Restricted Subsidiary by the terms of any
Indebtedness of such Restricted Subsidiary permitted to be incurred hereunder; provided that, in the case of a Restricted Subsidiary that is a Loan Party, such restrictions and conditions, taken as a whole (i) are, in the good faith judgment of
the Borrower, no more materially restrictive than the restrictions and conditions that exist on the Initial Funding Date or (ii) will not, in the good faith judgment of the Borrower, materially impair the ability of the Restricted Subsidiaries,
taken as a whole, to make dividends or other payments to the Borrower in an amount sufficient to make scheduled payments of interest, principal and fees on the Loans; 

(E) clause (i) of the foregoing shall not apply to restrictions or conditions imposed by any agreement relating to
secured Indebtedness permitted by this Agreement if such restrictions or conditions apply only to the property or assets securing such Indebtedness; 

(F) clause (i) of the foregoing shall not apply to customary provisions in leases, subleases, licenses and
sublicenses and other contracts restricting the assignment thereof; 
 (G) the foregoing shall not apply to
customary provisions in joint venture agreements and other similar agreements applicable to joint ventures permitted under Section 6.04 and applicable solely to such joint venture entered into in the ordinary course of business; 

(H) are customary provisions restricting assignment of any agreement entered into in the ordinary course of business;

 (I) are restrictions on cash or other deposits imposed by customers under contracts entered into in the
ordinary course of business; and 
 (J) restrictions created in connection with any Receivables Facility that in
the good faith determination of the Borrower are necessary or advisable to effect such Receivables Facility. 

Section 6.07 Transactions with Affiliates. Except for transactions by or among Holdings and its Restricted Subsidiaries or
any entity that becomes a Restricted Subsidiary in connection with a transaction that is otherwise permitted under this Agreement, sell or transfer any property or assets to, or purchase or acquire any property or assets from, or otherwise engage in
any other transactions with, any of its Affiliates (each of the foregoing, an “Affiliate Transaction”) 

 

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involving aggregate payments or consideration in excess of $5,000,000 in any transaction or any series of one or more related transactions, unless such Affiliate Transaction is on terms that are
not materially less favorable to Holdings, the Borrower or such Subsidiary than those that would have been reasonably obtained at the time in a comparable transaction with a Person other than an Affiliate on an arm’s-length basis; provided,
however, that the foregoing provisions will not apply to the following: 
 (a) Restricted Payments may be made to the extent
provided in Section 6.06 and prepayments of Indebtedness permitted under Section 6.09; 
 (b) the Transactions and the
Transaction Expenses; 
 (c) the issuance of Qualified Equity Interests to any officer, director, employee or consultant of the
Borrower or any other Restricted Subsidiary or any direct or indirect parent of the Borrower in connection with the Transactions; 

(d) so long as no Event of Default arising under Section 7.01(b), (c), (g) or (h) has occurred and is continuing, the
payment of management, consulting, monitoring, advisory and other fees, indemnities and expenses to the Sponsors pursuant to the Sponsor Management Agreement (plus any unpaid management, consulting, monitoring, advisory and other fees, indemnities
and expenses accrued in any prior year) and any Sponsor Termination Fees pursuant to the Sponsor Management Agreement, or any amendment thereto in accordance with Section 6.09(c); 

(e) employment and severance arrangements between the Borrower or any other Restricted Subsidiary and their respective officers and
employees in the ordinary course of business and transactions pursuant to stock option plans and employee benefit plans and arrangements; 

(f) the payment of customary fees and reasonable out-of-pocket costs to, and indemnities provided on behalf of, directors, officers,
employees and consultants of the Borrower and the other Restricted Subsidiaries or any direct or indirect parent of the Borrower in the ordinary course of business to the extent attributable to the ownership or operation of the Borrower and the
other Restricted Subsidiaries; 
 (g) customary payments by the Borrower and any of the other Restricted Subsidiaries to the
Sponsors made for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities (including in connection with acquisitions or divestitures); 

(h) the issuance or transfer of Qualified Equity Interests of Holdings to any Sponsor or to any former, current or future director,
manager, officer, employee or consultant (or any Controlled Investment Affiliate or Immediate Family Member thereof) of the Borrower, any of its Restricted Subsidiaries or any direct or indirect parent thereof; 

(i) transactions in which the Borrower delivers to the Administrative Agent a letter from an Independent Financial Advisor, which letter
states that (A) such transaction complies with clause (a) above or (B) such transaction is fair to Holdings, the Borrower or such Subsidiary, as applicable, from a financial point of view; 

 

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 (j) payments to or from, and transactions with, any joint venture that is permitted under
Section 6.04 in the ordinary course of business; and 
 (k) sales of accounts receivable, or participations therein, in
connection with any Receivables Facility. 
 Section 6.08 Business of Restricted Subsidiaries. (a) On and after
the Initial Funding Date, with respect to the Restricted Subsidiaries, engage at any time in any business or business activity other than the business conducted by them as of the Initial Funding Date (after giving effect to the Transactions) and
business activities reasonably incidental thereto and reasonable extensions thereof. 
 (b) The Cayman Guarantors shall not
engage in any business activities, incur any material obligations (other than pursuant to the Loan Documents), or maintain any material assets (other than as described in the Cayman Security Documents). 

Section 6.09 Other Indebtedness and Agreements; Amendments to Acquisition Documentation. (a) Permit any waiver,
supplement, modification, amendment, termination or release of (i) the Senior Notes Documentation or any documentation governing any Permitted Refinancing Indebtedness in respect thereof or (ii) any indenture, instrument or agreement
pursuant to which any Material Indebtedness of Holdings, the Borrower or any of the Restricted Subsidiaries that is subordinated to the Obligations (other than Indebtedness among Holdings and the Restricted Subsidiaries) (the Indebtedness referred
to in preceding clauses (i) and (ii), collectively, “Other Financing”) is outstanding if the effect of such waiver, supplement, modification, amendment, termination or release would materially increase the obligations of the
obligor or confer additional material rights on the holder of such Indebtedness in a manner materially adverse to the Lenders. 

(b)(i) Make any distribution, whether in cash, property, securities or a combination thereof, other than regular scheduled payments of
principal, interest, and associated fees and expenses as and when due (to the extent not prohibited by applicable subordination provisions), in respect of, or pay, or offer or commit to pay, or directly or indirectly (including pursuant to any
Synthetic Purchase Agreement) redeem, repurchase, retire or otherwise acquire for consideration, or set apart any sum for the aforesaid purposes, any Other Financing (other than the Subordinated Note (as defined in the Guarantee and Collateral
Agreement)), except (A) the payment of the Indebtedness created hereunder, (B) refinancings of Indebtedness permitted by Section 6.01, (C) the payment of secured Indebtedness that becomes due as a result of the voluntary sale or
transfer of the property or assets securing such Indebtedness, (D) intercompany Indebtedness permitted hereunder unless any payments thereon are prohibited by the Affiliate Subordination Agreement, (E) the conversion (or exchange) of any
Other Financing to (or with) Equity Interests of Holdings or any of its direct or indirect parents or of Indebtedness of any direct or indirect parent of Holdings, (F) prepayments, redemptions, purchases, defeasances and other payments of
principal, in respect of Other Financings prior to the scheduled maturity 
  

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thereof in an aggregate amount, together with the aggregate amount of Investments made pursuant to Section 6.04(q) and Restricted Payments made pursuant to Section 6.06(a)(xii) not to
exceed the Available Basket Amount (plus accrued and unpaid interest thereon), and (G) prepayments, redemptions, purchases, defeasances and other payments of principal, in respect of Other Financings prior to the scheduled maturity thereof in
an aggregate amount not to exceed, together with the aggregate amount of Investments made pursuant to Section 6.04(r), Restricted Payments made pursuant to Section 6.06(xiii) and repurchases of Equity Interests made pursuant to clause
(d) of Section 6.06(a)(vi), $50,000,000 (plus accrued and unpaid interest thereon), so long as (X) no Default or Event of Default shall have occurred and be continuing or would result therefrom and (Y) immediately after making
any such payment, the Leverage Ratio, after giving pro forma effect to such payment, would be no greater than 4.5 to 1.0 or (ii) pay in cash any amount in respect of any Indebtedness or preferred Equity Interests that may at the obligor’s
option be paid in kind or in other securities. Notwithstanding anything to the contrary in this Agreement, the exceptions to Section 6.09(b)(i) listed in clauses (F) and (G) above shall not apply at any time prior to the Collateral
Completion Date. 
 (c) permit any waiver, supplement, modification or amendment of the Sponsor Management Agreement if the
effect of such waiver, supplement, modification or amendment would be materially adverse to the Lenders (it being agreed that any amendment, waiver, supplement, modification to increase the amount of fees payable under the Sponsor Management
Agreement shall be deemed to be materially adverse to Lenders) without obtaining the prior written consent of the Administrative Agent (not to be unreasonably withheld or delayed) to such waiver, supplement, modification or amendment. 

Section 6.10 [Reserved]. 

Section 6.11 [Reserved]. 

Section 6.12 Secured Leverage Ratio. For so long as any Revolving Credit Commitments are outstanding, permit the Secured
Leverage Ratio for any Test Period of Holdings set forth below ending after the Initial Funding Date to be greater than the ratio set forth opposite such Test Period below: 

 

			
	 Test Period ending July 31, 2010
	  	4.00:1.00
	 Test Period ending October 31, 2010
	  	4.00:1.00
	 Test Period ending January 31, 2011
	  	4.00:1.00
	 Test Period ending April 30, 2011
	  	3.75:1.00
	 Test Period ending July 31, 2011
	  	3.75:1.00
	 Test Period ending October 31, 2011
	  	3.75:1.00
	 Test Period ending January 31, 2012
	  	3.50:1.00
	 Test Period ending April 30, 2012
	  	3.50:1.00
	 Test Period ending July 31, 2012 and every Test Period thereafter
	  	3.25:1.00

  

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 ; provided, however, that if Holdings and the Borrower are not in compliance with the covenant set forth in
this Section 6.12 with respect to any Test Period set forth above but no Revolving Loans or Swingline Loans are outstanding as of the last day of such Test Period, then such breach shall not constitute a Default or Event of Default hereunder.

 Notwithstanding the foregoing, upon the consummation of any Material Acquisition after the Initial Funding Date that is funded in whole or in
part by the incurrence or assumption of secured Indebtedness, the Secured Leverage Ratio covenant levels set forth in the table above for the four immediately succeeding Test Periods ending after the date of the consummation of such Material
Acquisition shall be adjusted to a level that is 0.50:1.00 higher than the Secured Leverage Ratio after giving pro forma effect to such Material Acquisition (e.g., adjusting the Secured Leverage Ratio covenant level to a level of 3.50:1.00 if the
Secured Leverage Ratio after giving pro forma effect to such Material Acquisition would be 3.00:1.00); provided that the Secured Leverage Ratio covenant levels for such four immediately succeeding Test Periods shall not, after giving effect to any
such adjustment pursuant to this paragraph, be less than 3.25:1.00 or exceed the greater of (A) the Secured Leverage Ratio covenant level set forth in the table above for the applicable Test Periods and (B) 3.75:1.00. 

Section 6.13 Fiscal Year. With respect to Holdings or the Borrower, change its fiscal year-end to a date other than
January 31. 
 Section 6.14 Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another
Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that: 

(a) Holdings or any Restricted Subsidiary may merge or consolidate with the Borrower (including a merger, the purpose of which is to
reorganize the Borrower into a new jurisdiction); provided that (x) the Borrower shall be the continuing or surviving Person, and (y) such merger or consolidation does not result in the Borrower ceasing to be incorporated under the Laws of
the United States, any state thereof or the District of Columbia; 
 (b)(i) any Restricted Subsidiary that is not a Loan Party
may merge or consolidate with or into any other Restricted Subsidiary and (ii) any Restricted Subsidiary (excluding the Borrower) that is not a Loan Party may liquidate or dissolve or change its legal form if the Borrower determines in good
faith that such action is in the best interests of the Borrower and the Restricted Subsidiaries and if not materially disadvantageous to the Lenders; 

(c) any Restricted Subsidiary (other than the Borrower) may Dispose of all or substantially all of its assets (upon voluntary liquidation
or otherwise) to the Borrower or another Restricted Subsidiary; provided that if the transferor in such a transaction is a Loan Party, then (i) the transferee must be a Loan Party or (ii) to the extent constituting an Investment or giving
rise to the incurrence of Indebtedness, such Investment must be a permitted Investment in or such Indebtedness must be Indebtedness of a Restricted Subsidiary which is not a Loan Party in accordance with Sections 6.01 and 6.04, respectively;

  

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 (d) so long as no Default or Event of Default exists or would result therefrom, the Borrower
may merge with any other Person; provided that (i) the Borrower shall be the continuing or surviving corporation or (ii) if the Person formed by or surviving any such merger or consolidation is not the Borrower (any such Person, the
“Successor Borrower”), (A) the Successor Borrower shall be an entity organized or existing under the laws of the United States, any state thereof, the District of Columbia or any territory thereof, (B) the Successor
Borrower shall expressly assume all the obligations of the Borrower under this Agreement and the other Loan Documents to which the Borrower is a party pursuant to a supplement hereto or thereto in form reasonably satisfactory to the Administrative
Agent, (C) each Guarantor, unless it is the other party to such merger or consolidation, shall have by a supplement to the Guarantee and Collateral Agreement or any other applicable Loan Document confirmed that its Guarantee of the Obligations
shall apply to the Successor Borrower’s obligations under this Agreement, (D) each Loan Party, unless it is the other party to such merger or consolidation, shall have by a supplement to the applicable Security Documents confirmed that its
obligations thereunder shall apply to the Successor Borrower’s obligations under this Agreement, (E) each mortgagor of a Mortgaged Property, unless it is the other party to such merger or consolidation, shall have by an amendment to or
restatement of the applicable Mortgage (or other instrument reasonably satisfactory to the Administrative Agent) confirmed that its obligations thereunder shall apply to the Successor Borrower’s obligations under this Agreement, (F) the
Borrower shall have delivered to the Administrative Agent an officer’s certificate and an opinion of counsel (other than in respect of any merger in connection with the Final Debt Assumption as specifically contemplated in the Step Plan), each
stating that such merger or consolidation and such supplement to this Agreement or any Loan Document comply with this Agreement and (G) such merger is permitted under Sections 6.04 and 6.05; provided, further, that if the
foregoing are satisfied, the Successor Borrower will succeed to, and be substituted for, the Borrower under this Agreement; 

(e) so long as no Default or Event of Default exists or would result therefrom, any Restricted Subsidiary may merge or consolidate with
any other Person (i) in order to effect an Investment permitted pursuant to Section 6.04 or (ii) for any other purpose; provided that (A) the continuing or surviving Person shall be the Borrower or a Restricted Subsidiary, which
together with each of the Restricted Subsidiaries, shall have complied with the applicable requirements of Section 5.09; and (B) in the case of subclause (ii) only, if the merger or consolidation involves a Guarantor and such
Guarantor is not the surviving Person, the surviving Restricted Subsidiary shall expressly assume all the obligations of such Guarantor under the Loan Documents to which the Guarantor is a party pursuant to a supplement thereto in form reasonably
satisfactory to the Administrative Agent; 
 (f) the Acquisition may be consummated; and 

(g) so long as no Default or Event of Default exists or would result therefrom, a merger, dissolution, liquidation, consolidation or
Disposition, the purpose of which is to effect a Disposition permitted pursuant to Section 6.05; 
 provided that, notwithstanding anything
to the contrary in this Agreement, the exception to this Section 6.14 listed in clause (d) above shall not apply at any time prior to the Collateral Completion Date, other than in respect of any merger involving US Borrower as specifically
contemplated in the Step Plan. 
  

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 Section 6.15 Scheme Negative Covenants. At all times during the Certain Funds
Period and, to the extent applicable under the Scheme, at all times thereafter, 
 (a) increase, or propose an increase in, the
price per share at which the Scheme is proposed or make any other acquisition of any Target Share above the initial Scheme price (and procure that no Person acting in concert (as defined by the Takeover Panel Act and the Takeover Code) with any of
them shall acquire any Target share above the initial Scheme price), or otherwise increase the Acquisition Consideration, unless such increase is funded solely from an additional equity contribution from the Sponsors and/or Revolving Loans to the
extent permitted to be used for such purpose; 
 (b) amend, vary, waive or otherwise modify the terms and conditions set out in
the Press Release, the other Scheme Documents or the other Acquisition Documentation if such amendment, variation or waiver is material and prejudicial to the interests of the Lenders, except to the extent required by the Takeover Panel or the
court; provided that it is acknowledged and agreed that any reduction in the price per share or any change in Acquisition Consideration would be material and prejudicial to the interests of the Lenders; provided, that this clause (b) shall not
apply to any waiver of Sections 2(a)(v) or 2(e)(excluding subclause (i)) of Appendix I to the Press Release (collectively, the “Excluded Conditions”) (it being further understood, for the avoidance of doubt, that a waiver of an
Excluded Condition shall in no way otherwise act as a waiver to any Certain Funds Default, Default or Event of Default arising out of the circumstances giving rise to the failure to satisfy such Excluded Condition); 

(c) in respect of the proposed acquisition of Target, switch from a takeover scheme (as defined by the Takeover Code) to an Offer (as
defined by the Takeover Code); 
 (d) make any public announcement or public statement (other than the Press Release or Scheme
Documents) in connection with the financing of the Scheme, unless required to do so by the Takeover Code or Takeover Panel, any regulation, any applicable stock exchange, any applicable governmental or other regulatory authority save with the prior
written consent of the Administrative Agent, such consent not to be unreasonably withheld, delayed or conditioned; and 
 (e)
become obliged, or permit any Person acting in concert (as defined in the Takeover Panel Act and the Takeover Code) with any of them to become obliged, to make an offer to the shareholders of the Target under Rule 9 of Part B of the Takeover Code.

 Section 6.16 Specified Negative Covenants. Immediately after Commitment Effective Date, until the Syndication
Completion Date, there shall be no competing issues of debt securities or commercial bank or other debt facilities or securitizations (other than the financings contemplated hereby) by Holdings or any of its Restricted Subsidiaries being offered,
placed or arranged (including renewals or refinancing of any existing debt) without the prior written consent of the Arrangers and the Administrative Agent. 
  

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 Section 6.17 Holding Company. 

(a) Prior to the Initial Funding Date, Luxco Holdings, SSI Investments I, the Initial Borrower and BidCo shall not conduct, transact or
otherwise engage in any business or operations, own or acquire any assets or incur or assume any liabilities other than those incidental to (i) other than with respect to BidCo, their ownership of Equity Interests in each of the Initial
Borrower, SSI Investments I, BidCo and US Co-Issuer, (ii) the maintenance of its legal existence and related administrative functions (including, without limitation, payment of franchise and other taxes, legal fees, accounting costs and
insurance premiums) and (iii) the incurrence of obligations (including Indebtedness, to the extent applicable) under, and the performance of, each of the Sponsor Management Agreement, the Loan Documents, the Bridge Loan Documents (and the
documentation governing any Permitted Refinancing Indebtedness in respect thereof) and, in each case, any guarantee by Holdings in respect thereof, the Senior Notes Documentation (and the documentation governing any Permitted Refinancing
Indebtedness in respect thereof) and the Acquisition Documentation to which it is a party; provided, that, for the avoidance of doubt, nothing in this Section 6.17(a) shall restrict Luxco Holdings, SSI Investments I, the Initial
Borrower and BidCo from entering into and performing the Transactions, including all related transactions and actions specifically set forth in the Step Plan. 

(b) On and after the Initial Funding Date, Holdings shall not conduct, transact or otherwise engage in any business or operations, own or
acquire any assets or incur or assume any liabilities other than those incidental to (i) its ownership of the Equity Interests in SSI Investments I, the Initial Borrower and US Co-Issuer, (ii) the maintenance of its legal existence and
related administrative functions (including, without limitation, payment of franchise and other taxes, legal fees, accounting costs and insurance premiums), (iii) the incurrence of obligations (including Indebtedness, to the extent applicable)
under, and the performance of, each of the Sponsor Management Agreement, the Loan Documents, the Bridge Loan Documents (and the documentation governing any Permitted Refinancing Indebtedness in respect thereof), the Senior Notes Documentation (and
the documentation governing any Permitted Refinancing Indebtedness in respect thereof) and, in each case, any guarantee by Holdings in respect thereof, and the Acquisition Documentation to which it is a party, (iv) any public offering of its
common stock or any other issuance of its common Equity Interests not prohibited by this Article VI and (v) any other transaction that Holdings is specifically permitted to enter into or consummate under this Article VI. 

(c) Unless it shall otherwise become a Subsidiary Guarantor, the US Co-Issuer shall not conduct, transact or otherwise engage in any
business or operations, own or acquire any assets or incur or assume any liabilities other than those incidental to (i) the maintenance of its legal existence and related administrative functions (including, without limitation, payment of
franchise and other taxes, legal fees, accounting costs and insurance premiums) and (ii) the incurrence of obligations (including Indebtedness, to the extent applicable) under, and the performance of, the Senior Notes Documentation (and the
documentation governing any Permitted Refinancing Indebtedness in respect thereof). 
 Section 6.18 Step Plan
Transactions. Notwithstanding anything else to the contrary in this Agreement, the Lenders hereby acknowledge and agree that the Transactions, including all related transactions and actions specifically set forth in the Step Plan, shall not
constitute any Default or Event of Default on account of any breach of Section 6.01, 6.04, 6.05, 6.06, 6.07 or 6.14. 
  

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 ARTICLE VII. 

Events of Default 

Section 7.01 Events of Default. In case of the happening of any of the following events (“Events of
Default”): 
 (a) any representation or warranty made or deemed made in or in connection with any Loan Document or the
Borrowings or issuances of Letters of Credit hereunder, or any representation, warranty, statement or information contained in any report, certificate, financial statement or other instrument furnished by a Loan Party in connection with or pursuant
to any Loan Document, shall prove to have been false or misleading in any material respect when so made, deemed made or furnished; 

(b) default shall be made by a Loan Party in the payment of any principal of any Loan or the reimbursement with respect to any L/C
Disbursement when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or otherwise; 

(c) default shall be made in the payment of any interest on any Loan or L/C Disbursement or any Fee or any other amount (other than an
amount referred to in (b) above) due under any Loan Document, when and as the same shall become due and payable, and such default shall continue unremedied for a period of three Business Days; 

(d) default shall be made in the due observance or performance by Holdings or any Restricted Subsidiary of any covenant, condition or
agreement contained in Section 5.01(a), Section 5.05, Section 5.08 or in Article VI; provided, that, any Event of Default under Section 6.12 shall not constitute an Event of Default with respect to the Term Loans
until the date on which any Revolving Loans have been declared to be due and payable pursuant to the final paragraph of this Section 7.01; provided, further, that with respect to any failure to perform or observe any term,
covenant or agreement contained in Section 6.12, such failure shall only result in an Event of Default with respect to the Revolving Loans if such failure is continuing after the earlier of (A) the Cure Expiration Date and (B) the
date upon which the Borrower has delivered financial statements with respect to the applicable fiscal quarter without having delivered a Notice of Intent to Cure; and provided, further, that any Event of Default in respect of
Section 6.12 may be waived, amended or otherwise modified from time to time pursuant to clause (viii) of Section 9.08(b); 

(e) default shall be made in the due observance or performance by Holdings or any Restricted Subsidiary of any covenant, condition or
agreement contained in any Loan Document (other than those specified in clauses (b), (c) or (d) above or clause (p) below) and such default shall continue unremedied following written notice thereof by the Administrative Agent (on
behalf of itself or at the request of Required Lenders) (A) with respect to Section 5.16(a), for a period commencing with such written notice and ending 10 Business Days after the Initial Funding Date, (B) with respect to clauses
(b) through (g) of Section 5.16, for a period of 5 days following such written notice or (C) otherwise, for a period of 30 days following a Responsible Officer of a Loan Party becoming aware of such default or such written notice
from the Administrative Agent; 
  

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 (f)(i) Holdings or any Restricted Subsidiary shall (i) fail to pay any principal or
interest, regardless of amount, due in respect of any Material Indebtedness, when and as the same shall become due and payable, or (ii) any other event or condition occurs that results in any Material Indebtedness becoming due prior to its
scheduled maturity or that enables or permits (beyond the grace period, if any, provided therefor) the holder or holders of any Material Indebtedness or any trustee or agent on its or their behalf to cause any Material Indebtedness to become due, or
to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that this clause (ii) shall not apply to Indebtedness that becomes due as a result of the voluntary sale or transfer of the
property or assets securing such Indebtedness or held by a Subsidiary subject to such sale or transfer; 
 (g) an involuntary
proceeding shall be commenced or taken or an involuntary petition shall be filed in a court of competent jurisdiction seeking (i) relief in respect of Holdings, the Borrower or any Material Subsidiary, or their respective debts or of a
substantial part of the property or assets of Holdings, the Borrower or a Material Subsidiary, under Title 11 of the United States Code, the Bankruptcy and Insolvency Act (Canada) or the Companies’ Creditors Arrangement Act (Canada), in each
case as now constituted or hereafter amended, or any other Federal, state, provincial or foreign bankruptcy, insolvency, court protection, liquidation, receivership or similar law, (ii) the appointment of a receiver, trustee, examiner,
liquidator, custodian, sequestrator, conservator, monitor or similar official for Holdings, the Borrower or any Material Subsidiary or for a substantial part of the property or assets of Holdings, the Borrower or a Material Subsidiary or
(iii) the winding-up, court protection, dissolution, reorganization, arrangement or liquidation of Holdings, the Borrower or any Material Subsidiary or a moratorium in suspension of payments on indebtedness; and such proceeding, petition or
appointment shall continue undismissed or undischarged for 60 days with respect to the Borrower or any Material Subsidiary or a final order or decree approving or ordering any of the foregoing shall be entered; 

(h) Holdings, the Borrower or any Material Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking
relief under Title 11 of the United States Code, the Bankruptcy and Insolvency Act (Canada) or the Companies’ Creditors Arrangement Act (Canada), in each case as now constituted or hereafter amended, or any other Federal, state, provincial or
foreign bankruptcy, court protection, liquidation, insolvency, receivership or similar law, (ii) consent to the institution of, or fail to contest in a timely and appropriate manner, any proceeding or the filing of any petition described in
above, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator, examiner, liquidator, monitor or similar official for Holdings, the Borrower or any Material Subsidiary or for a substantial part
of the property or assets of Holdings, the Borrower or any Material Subsidiary, (iv) file an answer admitting the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of
creditors, or (vi) become unable, admit in writing its inability or fail generally to pay its debts as they become due; 
  

 141 

 (i) one or more judgments for the payment of money in an aggregate amount in excess of
$10,000,000 (to the extent not covered by third-party insurance) or other outstanding judgments that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect shall be rendered against Holdings, the
Borrower, any Restricted Subsidiary or any combination thereof, and the same shall remain undischarged for a period of 60 consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment
creditor to levy upon assets or properties of Holdings, the Borrower or any Restricted Subsidiary to enforce any such judgment; 

(j) an ERISA Event shall have occurred that, when taken together with all other such ERISA Events, could reasonably be expected to result
in liability of US Borrower and its ERISA Affiliates in an aggregate amount exceeding $10,000,000; 
 (k) any Guarantee or any
Security Document for any reason shall cease to be in full force and effect (other than in accordance with its terms), or any Guarantor shall deny that it has any further liability under its Guarantee (other than as a result of the discharge of such
Guarantor in accordance with the terms of the Loan Documents); 
 (l) any Lien purported to be created under any Security
Document shall cease to be, or shall be asserted by the Borrower or any other Loan Party not to be, a valid, perfected and, with respect to the Secured Parties, first priority (except for Liens permitted in Section 6.02 or such Security
Document) Lien on any material portion of the Collateral covered thereby, except to the extent that any such loss of perfection or priority results from the failure of the Collateral Agent to maintain possession of certificates representing Equity
Interests pledged under the Security Documents; 
 (m) there shall have occurred a Change in Control; 

(n) any of the following occurs in respect of the UK Guarantor or other Loan Party incorporated in England and Wales or in Ireland:

 (i) it is, or is deemed for the purposes of any applicable law to be, unable to pay its debts as they fall
due; 
 (ii) it admits its insolvency or its inability to pay its debts as they fall due; 

(iii) it suspends making payments on any of its debts or announces an intention to do so; 

(iv) by reason of actual or anticipated financial difficulties, it begins negotiations with any creditor for the
rescheduling or restructuring of any its indebtedness; or 
 (v) a moratorium is declared or instituted in
respect of any of its indebtedness; if a moratorium occurs in respect of such Person, the ending of the moratorium will not remedy any Event of Default caused by the moratorium; or 

 

 142 

 (o) any of the following occurs in respect of the UK Guarantor or other Loan Party
incorporated in England and Wales or in Ireland: 
 (i) any step is taken with a view to a moratorium or a
composition, assignment or similar arrangement with any of its creditors; 
 (ii) a meeting of its shareholders,
directors or other officers is convened for the purpose of considering any resolution for, to petition for or to file documents with a court or any registrar for its winding-up, administration, examinership or dissolution or for the seeking of
relief under any applicable bankruptcy, insolvency, court protection, company or similar law or any such resolution is passed; 

(iii) any Person presents a petition or files documents with a court or any registrar for its winding-up, administration
or dissolution or seeking relief under any applicable bankruptcy, insolvency, court protection, company or similar law; 

(iv) an order for its winding-up, administration or dissolution is made or other relief is granted under any applicable
bankruptcy, insolvency, court protection, company or similar law; 
 (v) any liquidator, trustee in bankruptcy,
judicial custodian, compulsory manager, examiner, receiver, administrative receiver, administrator or similar officer is appointed in respect of it or any of its assets; 

(vi) its shareholders, directors or other officers request the appointment of, or give notice of their intention to
appoint, a liquidator, an examiner, trustee in bankruptcy, judicial custodian, compulsory manager, receiver, administrative receiver, administrator or similar officer in respect of it or any of its assets; 

(vii) enforcement of any Lien over any of its assets; 

(p) default shall be made in the due observance or performance by Holdings or the Borrower of any Scheme Covenant or Specified Covenant;

 provided, that paragraph (o) above does not apply to a petition for winding-up presented by a creditor which is being contested
in good faith and with due diligence and is discharged or struck out within 21 days, provided, further, that during the 30-day period following the Initial Funding Date (the “Clean-up Period”), if a matter or circumstance
exists which would constitute a breach of the representations and warranties or a breach of the covenants or a potential or actual Event of Default, that matter or circumstance will not constitute an Event of Default if (i) the matter or
circumstance does not constitute (A) a Certain Funds Default or (B) an Event of Default which is not capable of being cured and (ii) reasonable steps are being taken to cure that matter or circumstance, unless such matter or
circumstance (x) would have a Material Adverse Effect, (y) has been procured by Holdings or the Borrower or (z) has not been remedied by the expiry of the Clean-up Period; provided, further, that the Clean-up Period shall not apply to
any Default or Event of Default resulting from a breach under any Scheme Covenant or Specified Covenant, 
  

 143 

 then, and in every such Event of Default that has occurred and is continuing (other than an event with
respect to Holdings or the Borrower described in paragraph (g) or (h) above), either or both of the following actions may be taken: (i) the Administrative Agent may, and at the request of the Majority Facility Lenders with respect to
the Revolving Credit Facility shall, by notice to the Borrower, terminate forthwith the Revolving Credit Commitments and the Swingline Commitment and (ii) the Administrative Agent may, and at the request of the Required Lenders shall, declare
the Loans then outstanding to be forthwith due and payable in whole or in part, whereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of
the Borrower accrued hereunder and under any other Loan Document, shall become forthwith due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything
contained herein or in any other Loan Document to the contrary notwithstanding, and the Administrative Agent and the Collateral Agent shall have the right to take all or any actions and exercise any remedies available to a secured party under the
Security Documents or applicable law or in equity; and in any Event of Default that has occurred and is continuing with respect to Holdings or the Borrower described in paragraph (g) or (h) above, the Revolving Credit Commitments and the
Swingline Commitment shall automatically terminate and the principal of the Loans then outstanding, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrower accrued hereunder and under any other
Loan Document, shall automatically become due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the
contrary notwithstanding, and the Administrative Agent and the Collateral Agent shall have the right to take all or any actions and exercise any remedies available to a secured party under the Security Documents or applicable law or in equity;
provided, that during any period during which an Event of Default under Section 6.12 exists solely with respect to the Revolving Credit Facility, the Administrative Agent may, and at the request of the Majority Facility Lenders with respect to
the Revolving Credit Facility shall, take any of the foregoing actions solely as they relate to the Revolving Credit Commitments, the Revolving Loans, the Swingline Loans and Letters of Credit. 

Section 7.02 Holdings’ Right to Cure. 

(a) Notwithstanding anything to the contrary contained in Section 7.01, in the event of a breach of the covenant set forth in
Section 6.12 (regardless of whether, pursuant to the first proviso set forth in Section 6.12, such breach results in a Default or Event of Default) and until the expiration of the tenth day after the date on which financial statements are
required to be delivered with respect to the applicable fiscal quarter hereunder (the “Cure Expiration Date”), Holdings (or any direct or indirect parent of Holdings) may on one or more occasions sell or issue Equity Interests and
the Borrower may designate any portion of the Net Cash Proceeds thereof as an increase to Consolidated EBITDA with respect to such applicable quarter; provided that all such Net Cash Proceeds to be so designated (i) are actually received by
Holdings (including through capital contribution of such Net Cash Proceeds to Holdings) no later than ten (10) days after the date on which financial statements are required to be delivered with respect to such fiscal quarter hereunder and
(ii) the aggregate amount of Net Cash Proceeds that are so designated shall not exceed 100% of the aggregate amount necessary to cure such breach for any applicable period. 

 

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 (b) Upon receipt by Holdings of any such designated Net Cash Proceeds (the “Cure
Amount”), Consolidated EBITDA for any period of calculation which includes the last fiscal quarter of the four fiscal quarter period ending immediately prior to the date on which such Cure Amount was paid shall be increased, solely for the
purpose of calculating any financial ratio set forth in Section 6.12 by an amount equal to the Cure Amount. The resulting increase to Consolidated EBITDA from designation of a Cure Amount shall not result in any adjustment to Consolidated
EBITDA or any other financial definition for any purpose under this Agreement other than for purposes of calculating the financial ratios set forth in Section 6.12. 

(c) If, after giving effect to the foregoing recalculations, Holdings shall then be in compliance with the requirements of
Section 6.12, the Borrower shall be deemed to have satisfied the requirements of Section 6.12 as of the relevant date of determination with the same effect as though there had been no failure to comply therewith at such date, and the
applicable breach or default of Section 6.12 that had occurred shall be deemed cured for this purpose of the Agreement. 

(d) In each period of four consecutive fiscal quarters, there shall be at least two fiscal quarters for which Consolidated EBITDA is not
increased by exercise of a cure pursuant to this Section 7.02. 
 (e) The exercise of cure rights by Holdings set forth
above in this Section 7.02 may not occur on more than three occasions. 
 ARTICLE VIII. 

The Agents and the Arrangers 

Each of the Lenders and the Issuing Bank hereby irrevocably appoints each of the Administrative Agent and the Collateral Agent (for
purposes of this Article VIII, the Administrative Agent and the Collateral Agent are referred to collectively as the “Agents” and each as an “Agent”) its agent and authorizes the Agents to take such actions on its
behalf, including the execution of the other Loan Documents, and to exercise such powers as are delegated to each such Agent by the terms of the Loan Documents, together with such actions and powers as are reasonably incidental thereto. Without
limiting the generality of the foregoing, the Agents are hereby expressly authorized by the Lenders to (i) execute any and all documents (including releases and the Security Documents and any intercreditor agreements referred to in
Section 6.02(x)) with respect to the Collateral and the rights of the Secured Parties with respect thereto, as contemplated by and in accordance with the provisions of this Agreement and the Security Documents and (ii) negotiate, enforce
or settle any claim, action or proceeding affecting the Lenders in their capacity as such, at the direction of the Required Lenders, which negotiation, enforcement or settlement will be binding upon each Lender. 

Each financial institution serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other
Lender and may exercise the same as though it were not an Agent, and such financial institution and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with Holdings, the Borrower or any Subsidiary or
any of their respective Affiliates as if it were not an Agent hereunder. 
  

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 No Agent shall have any duties or obligations except those expressly set forth in the Loan
Documents. Without limiting the generality of the foregoing, (a) no Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) no Agent shall have any duty to take
any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent or the Collateral Agent is required to exercise as directed in writing
by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.08), and (c) except as expressly set forth in the Loan Documents, no Agent shall have any
duty to disclose, nor shall it be liable for the failure to disclose, any information relating to Holdings, the Borrower or any of the Subsidiaries or any of their respective Affiliates that is communicated to or obtained by the financial
institution serving as any Agent or any of its Affiliates in any capacity. The Administrative Agent and the Collateral Agent shall not be liable for any action taken or not taken by it with the consent or at the request or direction of the Required
Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.08) or in the absence of its own gross negligence or willful misconduct. No Agent shall be deemed to have
knowledge of any Default unless and until written notice thereof is given to such Agent by Holdings, the Borrower or a Lender, and no Agent shall be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or
representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered thereunder or in connection therewith, (iii) the performance or observance of any of the covenants,
agreements or other terms or conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document, (v) the creation, perfection, or
priority of Liens on the Collateral or the existence of the Collateral or (vi) the satisfaction of any condition set forth in Article IV or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be
delivered to such Agent. 
 Without prejudice to the foregoing, each Agent, the Lenders and the Issuing Bank hereby acknowledge,
agree and accept that the Collateral Agent holds Collateral which is the subject of the UK Security Documents as trustee for and on behalf of the Secured Parties in accordance with the terms of the declaration of trust set out in the UK Security
Documents and that the terms of its appointment, and such trust, shall be as set out (or referred to) in the relevant UK Security Documents and this Agreement. 

Each Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent,
statement, instrument, document or other writing believed by it to be genuine and to have been signed or sent by the proper Person. Each Agent may also rely upon any statement made to it orally or by telephone and believed by it to have been made by
the proper Person, and shall not incur any liability for relying thereon. Each Agent may consult with legal counsel (who may be counsel for Holdings or the Borrower), independent accountants and other experts selected by it, and shall not be liable
for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 
  

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 Each Agent may perform any and all its duties and exercise its rights and powers by or
through any one or more sub-agents appointed by it. Each Agent and any such sub-agent may perform any and all of their respective duties and exercise their respective rights and powers by or through their respective Related Parties. The exculpatory
provisions of the preceding paragraphs shall apply to any such sub-agent and to the Related Parties of each Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities
provided for herein as well as activities as Agent. 
 Subject to the appointment and acceptance of a successor Agent as
provided below, each Agent may resign at any time by notifying the Lenders, the Issuing Bank and the Borrower. Upon any such resignation of the Administrative Agent or the Collateral Agent, the Required Lenders shall have the right, in consultation
with the Borrower, to appoint a successor. Upon the occurrence and during the continuance of an Agent Default, the Borrower and the Required Lenders may remove such Agent, which removal shall be effective upon the acceptance of appointment by a
successor as such Agent. Upon any such removal of an Agent, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor. In the case of the resignation of an Agent, if no successor shall have been so
appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then the retiring Agent may, on behalf of the Lenders and the Issuing Bank, appoint a successor Agent
which shall be a financial institution with an office in New York, New York, or an Affiliate of any such financial institution. If no successor Agent has been appointed pursuant to the immediately preceding sentence by the 30th day after the date
such notice of resignation was given by such Agent, such Agent’s resignation shall become effective and the Required Lenders shall thereafter perform all the duties of such Agent hereunder and/or under any other Loan Document until such time,
if any, as the Required Lenders appoint a successor Administrative Agent and/or Collateral Agent, as the case may be. Any such resignation by or removal of an Agent hereunder shall also constitute, to the extent applicable, its resignation as an
Issuing Bank and the Swingline Lender, in which case such resigning or removed Agent (x) shall not be required to issue any further Letters of Credit or make any additional Swingline Loans hereunder and (y) shall maintain all of its rights
as Issuing Bank or Swingline Lender, as the case may be, with respect to any Letters of Credit issued by it, or Swingline Loans made by it, prior to the date of such resignation. Upon the acceptance of its appointment as Agent hereunder by a
successor, such successor shall succeed to and become vested with all the rights, powers, privileges and duties of the retiring or removed Agent, and the retiring or removed Agent shall be discharged from its duties and obligations hereunder. The
fees payable by the Borrower to a successor Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After an Agent’s resignation or removal hereunder, the provisions of this
Article and Section 9.05 shall continue in effect for the benefit of such retiring or removed Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while acting as
Agent. In addition, notwithstanding the effectiveness of a resignation by the Administrative Agent hereunder, (i) the retiring Administrative Agent may, in its sole discretion, continue to provide the services of the Administrative Agent solely
with respect to administering, collecting and delivering any payments of principal, interest, fees, premium or other amounts in respect of the Loans and maintaining the books and records relating thereto (such Administrative Agent acting in such
capacity, the “Paying Agent”), (ii) the term “Administrative Agent” when used in connection with any such functions shall be deemed to mean such retiring Administrative Agent in its capacity as the Paying Agent and
(iii) such retiring Administrative Agent shall, in its capacity as the Paying Agent, continue to be vested with and enjoy all of the rights and benefits of an Administrative Agent. 

 

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 Notwithstanding any other provision of this Agreement or any provision of any other Loan
Document, the Arrangers are named as such for recognition purposes only, and in such capacity shall have no duties, responsibilities or liabilities with respect to this Agreement or any other Loan Document; it being understood and agreed that the
Arrangers shall be entitled to all indemnification and reimbursement rights in favor of the Agents provided herein and in the other Loan Documents. Without limitation of the foregoing, the Arrangers shall not, by reason of this Agreement or any
other Loan Document, have any fiduciary relationship in respect of any Lender, Loan Party or any other Person. 
 Each Lender
acknowledges that it has, independently and without reliance upon the Agents, the Arrangers or any Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this
Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Agents, the Arrangers or any Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its
own decisions in taking or not taking action under or based upon this Agreement or any other Loan Document, any related agreement or any document furnished hereunder or thereunder. 

To the extent required by any applicable law, the Administrative Agent may withhold from any interest payment to any Lender an amount
equivalent to any applicable withholding tax. If the Internal Revenue Service or any other Governmental Authority asserts a claim that the Administrative Agent did not properly withhold tax from amounts paid to or for the account of any Lender
because the appropriate form was not delivered or was not properly executed or because such Lender failed to notify the Administrative Agent of a change in circumstance which rendered the exemption from, or reduction of, withholding tax ineffective
or for any other reason, such Lender shall indemnify the Administrative Agent fully for all amounts paid, directly or indirectly, by the Administrative Agent as tax or otherwise, including any penalties or interest and together with all expenses
(including legal expenses, allocated internal costs and out-of-pocket expenses) incurred. 
 ARTICLE IX. 

Miscellaneous 

Section 9.01 Notices. (a) Except in the case of notices and other communications expressly permitted to be given by
telephone (and subject to paragraph (b) of this Section 9.01), notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or
sent by fax, as follows: 
 (i) if to Holdings or the Borrower, to it at SSILuxCo II
S.à r.l. or SSI Investments II Limited, c/o Berkshire Partners LLC, 200 Clarendon Street,
35th Floor, Boston, MA 02116, Attention: Sharlyn C.
Heslam, Esq. and Michael C. Ascione (Fax No. (617) 316-6339), with copies to Berkshire Partners LLC, 200 Clarendon Street, Boston, MA 02116, Attention: Matt Janchar (Fax No. (617) 316-6339) and Ropes & Gray LLP, 1211 Avenue of the
Americas, New York, NY 10036 (Fax No. (646) 728-1533), Attention: Sunil Savkar; 
  

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 (ii) if to the Administrative Agent or the Collateral
Agent, to Morgan Stanley Senior Funding, Inc., 1 Pierrepont Plaza,
7th Floor, Brooklyn, NY 11201, Attention of Fredric
Goldstein (Fax No. (212) 507-6680; Email: fredric.goldstein@morganstanley.com); 
 (iii) if to the Issuing
Bank, to Morgan Stanley Bank, N.A., One Utah Center, 201 South Main Street, 5th Floor, Salt Lake City, UT 84111, Attention: Letter of Credit Department (Fax No. (212) 507-5010; Telephone No. (801) 236-3655); and 

(iv) if to a Lender, to it at its address (or fax number) set forth in the Assignment and Acceptance pursuant to which
such Lender shall have become a party hereto or set forth in its Administrative Questionnaire. 
 All notices and other communications given to
any party hereto in accordance with the provisions of this Agreement shall be deemed to have been given on the date of receipt if delivered by hand or overnight courier service or sent by fax or email or on the date five Business Days after dispatch
by certified or registered mail if mailed, in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 9.01 or in accordance with the latest unrevoked direction from such party given in accordance with
this Section 9.01. Notwithstanding anything to the contrary in this Agreement, any notices or other communications given to any party hereto may be provided to such party pursuant to an electronic mail address as directed by such party.

 The Borrower hereby agrees, unless directed otherwise by the Administrative Agent or unless the electronic mail address
referred to below has not been provided by the Administrative Agent to the Borrower, that it will, or will cause its Restricted Subsidiaries to, provide to the Administrative Agent all information, documents and other materials that it is obligated
to furnish to the Administrative Agent pursuant to the Loan Documents or to the Lenders under Article 5, including all notices, requests, financial statements, financial and other reports, certificates and other information materials, but excluding
any such communication that (i) is or relates to a Borrowing Request, a notice pursuant to Section 2.10 or a notice requesting the issuance, amendment, extension or renewal of a Letter of Credit pursuant to Section 2.23,
(ii) relates to the payment of any principal or other amount due under this Agreement prior to the scheduled date therefor, (iii) provides notice of any Default or Event of Default under this Agreement or any other Loan Document or
(iv) is required to be delivered to satisfy any condition precedent to the effectiveness of this Agreement and/or any Borrowing or other extension of credit hereunder (all such non-excluded communications being referred to herein collectively
as “Communications”), by transmitting the Communications in an electronic/soft medium that is properly identified in a format reasonably acceptable to the Administrative Agent to an electronic mail address as directed by the
Administrative Agent. In addition, the Borrower agrees, and agrees to cause its Restricted Subsidiaries, to continue to provide the Communications to the Administrative Agent or the Lenders, as the case may be, in the manner specified in the Loan
Documents but only to the extent requested by the Administrative Agent. 
  

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 The Borrower hereby acknowledges that (a) the Administrative Agent will make available
to the Lenders and the L/C Issuer materials and/or information provided by or on behalf of the Borrower hereunder (collectively, the “Borrower Materials”) by posting the Borrower Materials on Intralinks or another similar electronic
system (the “Platform”) and (b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to either Borrower or their respective
securities) (each, a “Public Lender”). The Borrower hereby agrees that (w) all Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum,
shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent and the Lenders to
treat such Borrower Materials as not containing any material non-public information with respect to the Borrower or its securities for purposes of United States federal and state securities laws (provided, however, that to the extent such Borrower
Materials constitute Information, they shall be treated as set forth in Section 9.16); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated as “Public
Investor;” and (z) the Administrative Agent shall be entitled to treat the Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not marked as “Public Investor.”
Notwithstanding the foregoing, the following Borrower Materials shall be marked “PUBLIC”, unless the Borrower notifies the Administrative Agent promptly that any such document contains material non-public information: (1) the Loan
Documents and (2) notification of changes in the terms of the Facilities. 
 Each Public Lender agrees to cause at least
one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its
delegate, in accordance with such Public Lender’s compliance procedures and applicable law, including United States Federal and state securities laws, to make reference to Communications that are not made available through the “Public Side
Information” portion of the Platform and that may contain material non-public information with respect to the Borrower or its securities for purposes of United States Federal or state securities laws. 

THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE”. NEITHER THE ADMINISTRATIVE AGENT NOR ANY OF ITS RELATED PARTIES
WARRANTS THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS OR THE ADEQUACY OF THE PLATFORM AND EACH EXPRESSLY DISCLAIMS LIABILITY FOR ERRORS OR OMISSIONS IN THE COMMUNICATIONS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY
WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS IS MADE BY THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTIES IN CONNECTION WITH THE
COMMUNICATIONS OR THE PLATFORM. IN NO EVENT SHALL THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTIES HAVE ANY LIABILITY TO ANY LOAN PARTY, ANY LENDER OR ANY OTHER PERSON FOR DAMAGES OF ANY KIND, WHETHER OR NOT BASED ON STRICT LIABILITY AND
INCLUDING DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL 
  

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DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY’S OR THE ADMINISTRATIVE AGENT’S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET,
EXCEPT TO THE EXTENT THE LIABILITY OF ANY SUCH PERSON IS FOUND IN A FINAL RULING BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED PRIMARILY FROM SUCH PERSON’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. 

(b) Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communications (including
e-mail and internet or intranet websites) pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices to any Lender pursuant to Article II if such Lender has notified the Administrative Agent
that it is incapable of receiving notices under such Article by electronic communication. The Administrative Agent or the Borrower (on behalf of the Loan Parties) may, in its discretion, agree to accept notices and other communications to it
hereunder by electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications. All such notices and other communications (i) sent to an e-mail
address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, return e-mail or other written acknowledgment); provided that if not
given during the normal business hours of the recipient, such notice or communication shall be deemed to have been given at the opening of business on the next Business Day for the recipient, and (ii) posted to an internet or intranet website
shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (b)(i) of notification that such notice or communication is available and identifying the website address therefor.

 (c) Any party hereto may change its address, email address or fax number for notices and other communications hereunder by
notice to the other parties hereto in accordance with the provisions hereof. Nothing herein shall prejudice the right of the Administrative Agent or any Lender to give any notice or other communication pursuant to any Loan Document in any other
manner specified in such Loan Document. 
 Section 9.02 Survival of Agreement. All covenants, agreements,
representations and warranties made by Holdings or the Borrower herein and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been
relied upon by the Lenders and the Issuing Bank and shall survive the making by the Lenders of the Loans and the issuance of Letters of Credit by the Issuing Bank, regardless of any investigation made by the Lenders or the Issuing Bank or on their
behalf, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any Fee or any other amount payable under this Agreement or any other Loan Document is outstanding and unpaid or any Letter of
Credit is outstanding and so long as the Commitments have not been terminated. The provisions of Section 2.14, Section 2.16, Section 2.20 and Section 9.05 shall remain operative and in full force and effect regardless of the
expiration of the term of this Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the Loans, the expiration of the Commitments, the expiration of any Letter of Credit, the invalidity or unenforceability of
any term or provision of this Agreement or any other Loan Document or any investigation made by or on behalf of the Administrative Agent, the Collateral Agent, the Arrangers, any Lender or the Issuing Bank. 

 

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 Section 9.03 Binding Effect. This Agreement shall become effective when it shall
have been executed by each of the parties hereto and when the Administrative Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto. 

Section 9.04 Successors and Assigns. (a) Whenever in this Agreement any of the parties hereto is referred to, such
reference shall be deemed to include the permitted successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Holdings, the Borrower, the Administrative Agent, the Collateral Agent, the Issuing Bank or the
Lenders that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. 

(b) Each Lender may assign to one or more Eligible Assignees all or a portion of its interests, rights and obligations under this
Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided, however, that (i) the Administrative Agent must give its prior written consent to such assignment (which consent shall not be unreasonably
withheld or delayed), (ii) in the case of any assignment of a Term Loan Commitment or Term Loan, the Borrower must give its prior written consent to such assignment (which consent shall not be unreasonably withheld or delayed and which consent
shall be deemed to have been given if the Borrower has not responded within ten Business Days of a request for such consent), provided that the consent of the Borrower shall not be required to any such assignment (A) during the continuance of
any Event of Default arising under Section 7.01(b), (c), (g) or (h), (B) in connection with the initial syndication of the Term Loan Facility by an Arranger or an Affiliate thereof until the Syndication Completion Date, or (C) if
such assignment is made to another Lender, or an Affiliate of a Lender or an Approved Fund of a Lender, (iii) in the case of any assignment of a Revolving Credit Commitment or Revolving Loan, each of the Issuing Bank, the Swingline Lender and
the Borrower must give its prior written consent to such assignment (which consent shall not be unreasonably withheld or delayed and which consent, in the case of the Borrower, shall be deemed to have been given if the Borrower has not responded
within ten Business Days of a request for such consent); provided that the consent of the Borrower shall not be required to any such assignment (A) during the continuance of any Event of Default arising under Section 7.01(b), (c),
(g) or (h), (B) in connection with the initial syndication of the Revolving Credit Facility by an Arranger or an Affiliate thereof until the Syndication Completion Date, or (C) if such assignment is made to another Lender, or an
Affiliate of a Lender or an Approved Fund of a Lender, (iv) except in the case of an assignment to a Lender, an affiliated Lender or an Approved Fund of a Lender, the amount of the Commitment and/or Loan of the assigning Lender subject to each
such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent) shall not be less than $1,000,000, in the case of the Term Loan Facility, or $5,000,000, in the case
of the Revolving Credit Facility (or, if less, the entire remaining amount of such Lender’s Commitment), and shall be in an amount that is an integral multiple of $1,000,000 (or the entire remaining amount of such Lender’s Commitment),
(v) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance via an electronic settlement system reasonably acceptable to the Administrative

  

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Agent (or, if previously agreed with the Administrative Agent, manually), and, except in the case of an assignment by a Lender to an Affiliate of such Lender or an Approved Fund of such Lender,
shall pay to the Administrative Agent a processing and recordation fee of $3,500 (which fee may be waived or reduced in the sole discretion of the Administrative Agent, it being understood and agreed that only one such fee shall be payable in the
case of multiple assignments on a given date by a Lender to an Eligible Assignee and Affiliates and Approved Funds (as if such Eligible Assignee was already a Lender) of such Eligible Assignee), and (vi) the assignee, if it shall not be a
Lender immediately prior to the assignment, shall deliver to the Administrative Agent an Administrative Questionnaire and any tax forms or certifications required by Sections 2.20(e) and (f). Upon acceptance and recording pursuant to paragraph
(e) of this Section 9.04, from and after the effective date specified in each Assignment and Acceptance, (A) the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and
Acceptance, have the rights and obligations of a Lender under this Agreement and (B) the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this
Agreement (and, in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be
entitled to the benefits of Section 2.14, Section 2.16, Section 2.20 and Section 9.05, as well as to any Fees accrued for its account and not yet paid). Notwithstanding any Initial Lender’s rights to assign its Commitments
hereunder, no such Initial Lender shall be released from its obligation on the Initial Funding Date to fund its Commitment as in effect on the First Amendment Effective Date to the extent any assignee (or subsequent assignee) of such Initial Lender
fails to fund on the Initial Funding Date the portion of such Commitment assigned to it by such Initial Lender, directly or indirectly, notwithstanding the satisfaction of the conditions to such funding. 

(c) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder and the assignee thereunder shall be deemed
to confirm to and agree with each other and the other parties hereto as follows: (i) such assigning Lender warrants that it is the legal and beneficial owner of the interest being assigned thereby free and clear of any adverse claim and that
its Term Loan Commitment and Revolving Credit Commitment, and the outstanding balances of its Term Loans and Revolving Loans, in each case without giving effect to assignments thereof which have not become effective, are as set forth in such
Assignment and Acceptance, (ii) except as set forth in (i) above, such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in
connection with this Agreement, or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement, any other Loan Document or any other instrument or document furnished pursuant hereto, or the financial
condition of Holdings, the Borrower or any Restricted Subsidiary or the performance or observance by Holdings, the Borrower or any Restricted Subsidiary of any of its obligations under this Agreement, any other Loan Document or any other instrument
or document furnished pursuant hereto; (iii) such assignee represents and warrants that it is an Eligible Assignee legally authorized to enter into such Assignment and Acceptance; (iv) such assignee confirms that it has received a copy of
this Agreement, together with copies of the most recent financial statements referred to in Section 3.05(a) or delivered pursuant to Section 5.04 and such other documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into such Assignment and Acceptance; (v) such assignee will independently and without reliance 

 

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upon the Administrative Agent, the Collateral Agent, the Arrangers, such assigning Lender or any other Lender and based on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under this Agreement; (vi) such assignee appoints and authorizes the Administrative Agent and the Collateral Agent to take such action as agent on its behalf and to
exercise such powers under this Agreement as are delegated to the Administrative Agent and the Collateral Agent, respectively, by the terms hereof, together with such powers as are reasonably incidental thereto; and (vii) such assignee agrees
that it will perform in accordance with their terms all the obligations which by the terms of this Agreement are required to be performed by it as a Lender. 

(d) The Administrative Agent, acting for this purpose as an agent of the Borrower, shall maintain at one of its offices in the City of
New York a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal amount of the Loans owing to, each Lender pursuant to the terms
hereof from time to time (the “Register”). The entries in the Register shall be conclusive and the Borrower, the Administrative Agent, the Issuing Bank, the Collateral Agent and the Lenders may treat each Person whose name is
recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower, the Issuing Bank, the Collateral
Agent and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 
 (e) Upon its receipt of a
duly completed Assignment and Acceptance executed by an assigning Lender and an assignee, an Administrative Questionnaire and any tax forms and certifications required by Sections 2.20(e) and (f), as applicable, completed in respect of the assignee
(unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) above, if applicable, and the written consent of the Swingline Lender (if applicable), the Issuing Bank (if applicable),
the Borrower (if applicable) and the Administrative Agent to such assignment, the Administrative Agent shall promptly (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and
(iii) give prompt notice thereof to the Lenders, the Issuing Bank and the Swingline Lender. No assignment shall be effective unless it has been recorded in the Register as provided in this paragraph (e). 

(f) Each Lender may without the consent of the Borrower, the Swingline Lender, the Issuing Bank or the Administrative Agent sell
participations to one or more banks or other entities in all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans); provided, however, that (i) such Lender’s
obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) the participating banks or other entities shall be
entitled to the benefit of the cost protection provisions contained in Section 2.14, Section 2.16 and Section 2.20 (so long as such participating bank or other entity complies with the requirements of Sections 2.20(e) and (f) on
or before the date it acquires its participation) to the same extent as if they were Lenders (but, with respect to any particular participant, to no greater extent than the Lender that sold the participation to such participant) and (iv) the
Borrower, the Administrative Agent, the Issuing Bank and the Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights 

 

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and obligations under this Agreement, and such Lender shall retain the sole right to enforce the obligations of the Borrower relating to the Loans or L/C Disbursements and to approve any
amendment, modification or waiver of any provision of this Agreement (other than amendments, modifications or waivers decreasing any fees payable hereunder or the amount of principal of or the rate at which interest is payable on the Loans,
extending any scheduled principal payment date or date fixed for the payment of interest on the Loans, increasing or extending the Commitments or releasing all or substantially all of the value of the Guarantees or all or substantially all of the
Collateral). 
 (g) Any Lender or participant may, in connection with any assignment or participation or proposed assignment or
participation pursuant to this Section 9.04, disclose to the assignee or participant or proposed assignee or participant any information relating to the Borrower furnished to such Lender by or on behalf of the Borrower; provided that, prior to
any such disclosure of information designated by the Borrower as confidential, each such assignee or participant or proposed assignee or proposed participant shall execute an agreement whereby such assignee or participant shall agree (subject to
customary exceptions) to preserve the confidentiality of such confidential information on terms no less restrictive than those applicable to the Lenders pursuant to Section 9.16. 

(h) Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure
obligations of such Lender, including (i) any pledge or assignment to secure obligations to a Federal Reserve Bank and (ii) in the case of any Lender that is an Approved Fund, any pledge or assignment to any holders of obligations owed, or
securities issued, by such Lender including to any trustee for, or any other representative of, such holders, and this Section shall not apply to any such pledge or assignment of a security interest; provided that no such pledge or assignment of a
security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(i) Notwithstanding anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special
purpose funding vehicle (an “SPC”), identified as such in writing from time to time by the Granting Lender to the Administrative Agent and the Borrower, the option to provide to the Borrower all or any part of any Loan that such
Granting Lender would otherwise be obligated to make to the Borrower pursuant to this Agreement; provided that (i) nothing herein shall constitute a commitment by any SPC to make any Loan and (ii) if an SPC elects not to exercise such
option or otherwise fails to provide all or any part of such Loan, the Granting Lender shall be obligated to make such Loan pursuant to the terms hereof. The making of a Loan by an SPC hereunder shall utilize the Commitment of the Granting Lender to
the same extent, and as if, such Loan were made by such Granting Lender. Each party hereto hereby agrees that no SPC shall be liable for any indemnity or similar payment obligation under this Agreement (all liability for which shall remain with the
Granting Lender). In furtherance of the foregoing, each party hereto hereby agrees (which agreement shall survive the termination of this Agreement) that, prior to the date that is one year and one day after the payment in full of all outstanding
commercial paper or other senior indebtedness of any SPC, it will not institute against, or join any other Person in instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings under the laws of
the United States or any State thereof. In addition, notwithstanding anything to the contrary contained in this Section 9.04, 

 

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any SPC may (i) with notice to, but without the prior written consent of, the Borrower and the Administrative Agent and without paying any processing fee therefor, assign all or a portion of
its interests in any Loans to the Granting Lender or to any financial institutions (consented to by the Borrower and Administrative Agent) providing liquidity and/or credit support to or for the account of such SPC to support the funding or
maintenance of Loans and (ii) disclose on a confidential basis any non-public information relating to its Loans to any rating agency, commercial paper dealer or provider of any surety, guarantee or credit or liquidity enhancement to such SPC.

 (j) Except for the Intermediate Debt Assumption, the Final Debt Assumption and SSI Investments I becoming
“Holdings” pursuant to clause (B) of the definition thereof, neither Holdings nor the Borrower shall assign or delegate any of its rights or duties hereunder without the prior written consent of the Administrative Agent, the Issuing
Bank and each Lender, and any attempted assignment without such consent shall be null and void. 
 (k) In the event that any
Lender shall become a Defaulting Lender or S&P, Moody’s and Thompson’s “BankWatch” (or InsuranceWatch Ratings Service, in the case of Lenders that are insurance companies (or Best’s Insurance Reports, if such insurance
company is not rated by Insurance Watch Ratings Service)) shall, after the date that any Lender becomes a Lender, downgrade the long term certificate deposit ratings of such Lender, and the resulting ratings shall be below BBB-, Baa3 and C (or BB,
in the case of a Lender that is an insurance company (or B, in the case of an insurance company not rated by InsuranceWatch Ratings Service)) (or, with respect to any Lender that is not rated by any such ratings service or provider, any Issuing Bank
shall have reasonably determined that there has occurred a material adverse change in the financial condition of any such Lender, or a material impairment of the ability of any such Lender to perform its obligations hereunder, as compared to such
condition or ability as of the date that any such Lender became a Lender) then such Issuing Bank shall have the right, but not the obligation, at its own expense, upon notice to such Lender and the Administrative Agent, to replace such Lender with
an assignee (in accordance with and subject to the restrictions contained in paragraph (b) above), and such Lender hereby agrees to transfer and assign without recourse (in accordance with and subject to the restrictions contained in paragraph
(b) above) all its interests, rights and obligations in respect of its Revolving Credit Commitment to such assignee; provided, however, that (i) no such assignment shall conflict with any law, rule and regulation or order of any
Governmental Authority and (ii) such Issuing Bank or such assignee, as the case may be, shall pay to such Lender in immediately available funds on the date of such assignment the principal of and interest accrued to the date of payment on the
Loans made by such Lender hereunder and all other amounts accrued for such Lender’s account or owed to it hereunder. 

Section 9.05 Expenses; Indemnity. (a) On and after the Initial Funding Date, Holdings and the Borrower agree, jointly
and severally, to pay all reasonable out-of-pocket costs and expenses (whether incurred prior to, on or after the Initial Funding Date) incurred by the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank and the Swingline
Lender in connection with the syndication of the credit facilities provided for herein and the preparation and administration of this Agreement and the other Loan Documents or in connection with any amendments, modifications or waivers of the
provisions hereof or thereof or incurred by the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank or 

 

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any Lender in connection with the enforcement or protection of its rights in connection with this Agreement and the other Loan Documents or in connection with the Loans made or Letters of Credit
issued hereunder, including in each case the reasonable fees, disbursements and other out-of-pocket charges of Latham & Watkins LLP and A&L Goodbody, counsel for the Administrative Agent and the Collateral Agent, and, in connection with
any such enforcement or protection, the reasonable fees, disbursements and other out-of-pocket charges of any counsel for the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank or any Lender (limited to not more than one
counsel per jurisdiction as designated by the Administrative Agent). 
 (b) Holdings and the Borrower agree, jointly and
severally, to indemnify the Administrative Agent, the Collateral Agent, the Arrangers, each Lender, the Issuing Bank and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and
to hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related reasonable costs and out-of-pocket expenses, including reasonable counsel fees, disbursements and other out-of-pocket charges, incurred by or
asserted against any Indemnitee arising out of, in any way connected with, or as a result of (i) the execution or delivery of this Agreement or any other Loan Document or any agreement or instrument contemplated thereby, the performance by the
parties thereto of their respective obligations thereunder or the consummation of the Transactions and the other transactions contemplated thereby (including the syndication of the Facilities), (ii) the use of the proceeds of the Loans or
issuance of Letters of Credit, (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether or not any Indemnitee is a party thereto and regardless of whether such matter is initiated by a third party or by
Holdings, the Borrower, any other Loan Party, the Target or any of their respective affiliates, or (iv) any actual or alleged presence or Release of Hazardous Materials on any property currently or formerly owned or operated by Holdings, the
Borrower or any of the Restricted Subsidiaries, or any Environmental Liability related in any way to Holdings, the Borrower or any of the Restricted Subsidiaries; provided that such indemnity shall not, as to any Indemnitee, be available to the
extent that such losses, claims, damages, liabilities or related costs and expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such
Indemnitee; provided that the reimbursement of out-of-pocket expenses shall be subject to the provisions of Section 9.05(a) above. 

(c) To the extent that Holdings and the Borrower fail to pay any amount required to be paid by them to the Administrative Agent, the
Collateral Agent, the Arrangers, the Issuing Bank or the Swingline Lender under paragraph (a) or (b) of this Section, each Lender severally agrees to pay to the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank or
the Swingline Lender, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or
indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank or the Swingline Lender in its capacity as such.
For purposes hereof, a Lender’s “pro rata share” shall be determined based upon its share of the sum of the Aggregate Revolving Credit Exposure, outstanding Term Loans and unused Commitments at the time (in each case, determined as if
no Lender were a Defaulting Lender). 
  

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 (d) To the extent permitted by applicable law, neither Holdings nor the Borrower shall
assert, and each hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of,
this Agreement or any agreement or instrument contemplated hereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds thereof. 

(e) The provisions of this Section 9.05 shall remain operative and in full force and effect regardless of the expiration of the term
of this Agreement, the consummation of the Transactions or the other transactions contemplated hereby, the repayment of any of the Loans, the expiration of the Commitments, the expiration of any Letter of Credit, the invalidity or unenforceability
of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Administrative Agent, the Collateral Agent, the Arrangers, any Lender or the Issuing Bank. All amounts due under this
Section 9.05 shall be payable on written demand therefor. 
 (f) For the avoidance of doubt, the foregoing
Section 9.05 shall not apply to losses, claims, damages, liabilities or related costs and expenses in respect of Taxes which are expressly covered under Section 2.20. 

Section 9.06 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender is hereby authorized
at any time and from time to time, except to the extent prohibited by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender
to or for the credit or the account of Holdings or the Borrower against any of and all the obligations of Holdings or the Borrower now or hereafter existing under this Agreement and other Loan Documents held by such Lender, irrespective of whether
or not such Lender shall have made any demand under this Agreement or such other Loan Document and although such obligations may be unmatured. The rights of each Lender under this Section 9.06 are in addition to other rights and remedies
(including other rights of setoff) which such Lender may have. 
 Section 9.07 Applicable Law. THIS AGREEMENT AND
THE OTHER LOAN DOCUMENTS (OTHER THAN LETTERS OF CREDIT AND AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. EACH LETTER OF CREDIT SHALL BE GOVERNED BY, AND SHALL
BE CONSTRUED IN ACCORDANCE WITH, THE LAWS OR RULES DESIGNATED IN SUCH LETTER OF CREDIT, OR IF NO SUCH LAWS OR RULES ARE DESIGNATED, THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS MOST RECENTLY PUBLISHED AND IN EFFECT, ON THE DATE SUCH
LETTER OF CREDIT WAS ISSUED, BY THE INTERNATIONAL CHAMBER OF COMMERCE (THE “UNIFORM CUSTOMS”) AND, AS TO MATTERS NOT GOVERNED BY THE UNIFORM CUSTOMS, THE LAWS OF THE STATE OF NEW YORK. 

Section 9.08 Waivers; Amendment. (a) No failure or delay of the Administrative Agent, the Collateral Agent, any Lender
or the Issuing Bank in exercising any power or right hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any 

 

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single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the
exercise of any other right or power. The rights and remedies of the Administrative Agent, the Collateral Agent, the Issuing Bank and the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights or
remedies that they would otherwise have. No waiver of any provision of this Agreement or any other Loan Document or consent to any departure by the Borrower or any other Loan Party therefrom shall in any event be effective unless the same shall be
permitted by paragraph (b) below, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on Holdings or the Borrower in any case shall entitle Holdings or the
Borrower to any other or further notice or demand in similar or other circumstances. 
 (b) Neither this Agreement nor any
provision hereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by Holdings, the Borrower and the Required Lenders; provided, however, that no such agreement shall (i) decrease
the principal amount of, or extend the maturity of or any scheduled principal payment date or date for the payment of any interest on any Loan or any date for reimbursement of an L/C Disbursement, or waive or excuse any such payment or any part
thereof, or decrease the rate of interest on any Loan or L/C Disbursement, without the prior written consent of each Lender affected thereby, (ii) increase or extend the Commitment or decrease or extend the date for payment of any Fees of any
Lender without the prior written consent of such Lender, (iii) amend or modify the pro rata requirements of Section 2.17 (provided that any amendment or modification of the pro rata requirements of Section 2.17 to permit the Borrower
to purchase Loans on a non-pro rata basis, become an Eligible Assignee and/or make offers to make voluntary prepayments on a non-pro rata basis shall require the prior written consent of the Required Lenders rather than the prior written consent of
each Lender), the provisions of Section 9.04(j), the provisions of this Section or the definition of the term “Required Lenders”, without the prior written consent of each Lender, (iv) amend or modify the definition of the term
“Majority Facility Lenders” without the prior written consent of each Lender affected thereby, (v) release any Guarantor (other than in connection with a transaction permitted by Section 6.05 or permitted by Section 9.20) or
release all or substantially all of the Collateral, without the prior written consent of each Lender, (vi) change the provisions of any Loan Document in a manner that by its terms adversely affects the rights in respect of payments due to
Lenders holding Loans of one Class differently from the rights of Lenders holding Loans of any other Class without the prior written consent of Lenders holding a majority in interest of the outstanding Loans and unused Commitments of each adversely
affected Class, (vii) modify the protections afforded to an SPC pursuant to the provisions of Section 9.04(i) without the written consent of such SPC or (viii) amend, modify or waive the terms and provisions of Section 6.12 or
waive any Default or Event of Default described in the provisos set forth in Section 7.01(d) without the prior written consent of the Majority Facility Lenders in respect of the Revolving Credit Facility and, notwithstanding anything to the
contrary herein, any such amendment, modification or waiver shall be effective for all purposes of this Agreement with only the prior written consent of the Majority Facility Lenders in respect of the Revolving Credit Facility (including any
additional Revolving Credit Commitments obtained pursuant to Section 2.24 and any Extended Revolving Credit Commitments), on the one hand, and Holdings and the Borrower, on the other hand; provided further that no such agreement shall amend,
modify or otherwise affect the rights or duties of the Administrative Agent, the Collateral Agent, the Issuing Bank or the Swingline 

 

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Lender hereunder or under any other Loan Document without the prior written consent of the Administrative Agent, the Collateral Agent, the Issuing Bank or the Swingline Lender, as applicable.
Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or modification hereunder, except for any such amendment, waiver or modification that requires the consent of
each Lender or each affected Lender. 
 (c) Notwithstanding anything to the contrary set forth in Section 9.08(b) above,
(i) amendments, modifications and waivers with respect to the Term Loan Facility that do not directly affect Lenders under the Revolving Credit Facility shall only require the prior written consent of the Majority Facility Lenders in respect of
the Term Loan Facility in substitution of the prior written consent of the Required Lenders, on the one hand, and Holdings and the Borrower, on the other hand; provided, that any increase in the Applicable Margin or similar component of the interest
rate or the yield provisions applicable to the Term Loans by more than 3.0% per annum (excluding increases resulting from the accrual of interest at the default rate) or any shortening of the scheduled maturity of the Term Loans shall require
the prior written consent of the Required Lenders, on the one hand, and Holdings and the Borrower, on the other hand, and (ii) amendments, modifications and waivers with respect to the Revolving Credit Facility that do not directly affect
Lenders under the Term Loan Facility shall only require the prior written consent approval of the Majority Facility Lenders in respect of the Revolving Credit Facility in substitution of the prior written consent of the Required Lenders, on the one
hand, and Holdings and the Borrower, on the other hand; provided that any increase in the Applicable Margin or similar component of the interest rate or the yield provisions applicable to the Revolving Loans by more than 3.0% per annum
(excluding increases resulting from the accrual of interest at the default rate) or any shortening of the scheduled maturity of the Revolving Loans shall require the prior written consent of the Required Lenders, on the one hand, and Holdings and
the Borrower, on the other hand. 
 (d) This Agreement may be amended (or amended and restated) with the written consent of the
Required Lenders, the Administrative Agent and the Borrower (a) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time outstanding thereunder and the accrued interest and fees
in respect thereof to share ratably in the benefits of this Agreement and the other Loan Documents with the Term Loans and the Revolving Loans and the accrued interest and fees in respect thereof and (b) to include appropriately the Lenders
holding such credit facilities in any determination of the Required Lenders. 
 (e) This Agreement may be amended with the
written consent of the Administrative Agent, the Borrower and the Lenders providing the Replacement Term Loans (as defined below) to permit the refinancing of all outstanding Term Loans (“Refinanced Term Loans”) with replacement
term loans (“Replacement Term Loans”) hereunder; provided that (i) the aggregate principal amount of such Replacement Term Loans shall not exceed the aggregate principal amount of such Refinanced Term Loans,
(ii) the Applicable Margin with respect to such Replacement Term Loans (or similar interest rate spread applicable to such Replacement Term Loans) shall not be higher than the Applicable Margin for such Refinanced Term Loans (or similar
interest rate spread applicable to such Refinanced Term Loans) immediately prior to such refinancing, (iii) the weighted average life to maturity of such Replacement Term Loans shall not 

 

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be shorter than the weighted average life to maturity of such Refinanced Term Loans at the time of such refinancing (except by virtue of amortization or prepayment of the Refinanced Term Loans)
and (iv) all other terms applicable to such Replacement Term Loans shall be substantially identical to, or less favorable to the Lenders providing such Replacement Term Loans than, those applicable to such Refinanced Term Loans, except to the
extent necessary to provide for covenants and other terms applicable to any period after the latest final maturity of the Term Loans in effect immediately prior to such refinancing. 

Section 9.09 Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the interest rate
applicable to any Loan or participation in any L/C Disbursement, together with all fees, charges and other amounts which are treated as interest on such Loan or participation in such L/C Disbursement under applicable law (collectively the
“Charges”), shall exceed the maximum lawful rate (the “Maximum Rate”) which may be contracted for, charged, taken, received or reserved by the Lender holding such Loan or participation in accordance with applicable
law, the rate of interest payable in respect of such Loan or participation hereunder, together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been
payable in respect of such Loan or participation but were not payable as a result of the operation of this Section 9.09 shall be cumulated and the interest and Charges payable to such Lender in respect of other Loans or participations or
periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together with interest thereon at the Federal Funds Effective Rate to the date of repayment, shall have been received by such Lender. 

Section 9.10 Entire Agreement. This Agreement, the Fee Letter and the other Loan Documents constitute the entire contract
between the parties relative to the subject matter hereof. Any other previous agreement among the parties with respect to the subject matter hereof is superseded by this Agreement and the other Loan Documents. Nothing in this Agreement or in the
other Loan Documents, expressed or implied, is intended to confer upon any Person (other than the parties hereto and thereto, their respective successors and assigns permitted hereunder (including any Affiliate of the Issuing Bank that issues any
Letter of Credit) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank and the Lenders) any rights, remedies, obligations or liabilities
under or by reason of this Agreement or the other Loan Documents. 
 Section 9.11 WAIVER OF JURY TRIAL. EACH PARTY
HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN
DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER
AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11.

  

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 Section 9.12 Severability. In the event any one or more of the provisions
contained in this Agreement or in any other Loan Document should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be
affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

Section 9.13 Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract, and shall become effective as provided in Section 9.03. Delivery of an executed signature page to this Agreement
by facsimile or other electronic transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 

Section 9.14 Headings. Article and Section headings and the Table of Contents used herein are for convenience of reference
only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

Section 9.15 Jurisdiction; Consent to Service of Process. (a) Each of Holdings and the Borrower hereby irrevocably and
unconditionally submits, for itself and its property, to the exclusive jurisdiction of any New York State court or Federal court of the United States of America sitting in New York City, and any appellate court from any thereof, in any action or
proceeding arising out of or relating to this Agreement or the other Loan Documents, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any
such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and
may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Administrative Agent, the Collateral Agent, the Arrangers, the Issuing Bank or any
Lender may otherwise have to bring any action or proceeding relating to this Agreement or the other Loan Documents against Holdings or the Borrower or its properties in the courts of any jurisdiction. 

(b) Each of Holdings and the Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively
do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Loan Documents in any New York State or Federal court. Each of the parties
hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

(c) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.01.
Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 
  

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 Section 9.16 Confidentiality. Each of the Administrative Agent, the Collateral
Agent, the Issuing Bank and the Lenders agrees to maintain the confidentiality of the Information, except that Information may be disclosed (a) to its and its Affiliates’ officers, directors, employees and agents, including accountants,
legal counsel and other advisors who need to know such Information (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information
confidential), (b) to the extent requested by any regulatory authority or quasi-regulatory authority (such as the National Association of Insurance Commissioners), (c) to the extent required by applicable laws or regulations or by any
subpoena or similar legal process, (d) in connection with the exercise of any remedies hereunder or under the other Loan Documents or any suit, action or proceeding relating to the enforcement of its rights hereunder or thereunder,
(e) subject to an agreement containing provisions substantially the same as those of this Section 9.16, to (i) any actual or prospective assignee of or participant in any of its rights or obligations under this Agreement and the other
Loan Documents or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to Holdings or any Restricted Subsidiary or any of their respective obligations, (f) with the prior written
consent of the Borrower or (g) to the extent such Information becomes publicly available other than as a result of a breach of this Section 9.16. For the purposes of this Section, “Information” shall mean all information received
from or on behalf of Holdings or the Borrower and related to the Borrower or its business, other than any such information that was available to the Administrative Agent, the Collateral Agent, the Issuing Bank or any Lender on a non-confidential
basis prior to its disclosure by Holdings or the Borrower; provided that, the source of such information was not actually known by the Administrative Agent, the Collateral Agent, the Issuing Bank or such Lender, as the case may be, to be bound by a
confidentiality agreement or other legal or contractual obligation of confidentiality with respect to such information. Any Person required to maintain the confidentiality of Information as provided in this Section 9.16 shall be considered to
have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord its own confidential information. Notwithstanding any other express or
implied agreement, arrangement or understanding to the contrary, each of the parties hereto agrees that each other party hereto (and each of its employees, representatives or agents) are permitted to disclose to any Persons, without limitation, the
tax treatment and tax structure of the Loans and the other transactions contemplated by the Loan Documents and all materials of any kind (including opinions and tax analyses) that are provided to the Loan Parties, the Lenders, the Arrangers or any
Agent related to such tax treatment and tax aspects. To the extent not inconsistent with the immediately preceding sentence, this authorization does not extend to disclosure of any other information or any other term or detail not related to the tax
treatment or tax aspects of the Loans or the transactions contemplated by the Loan Documents. 
 Section 9.17 Lender
Action. Each Lender agrees that it shall not take or institute any actions or proceedings, judicial or otherwise, for any right or remedy against any Loan Party or any other obligor under any of the Loan Documents (including the exercise of any
right of setoff, rights on account of any banker’s lien or similar claim or other rights of self-help), or institute any actions or proceedings, or otherwise commence any remedial procedures, with respect to any Collateral or any other property
of any such Loan Party, unless expressly provided for herein or in any other Loan Document, without the prior written consent of the Administrative Agent. The provisions of this Section 9.17 are for the sole benefit of the Lenders and shall not
afford any right to, or constitute a defense available to, any Loan Party. 
  

 163 

 Section 9.18 USA PATRIOT Act Notice. Each Lender and the Administrative Agent
(for itself and not on behalf of any Lender) hereby notifies Holdings and the Borrower that pursuant to the requirements of the USA PATRIOT Act, it is required to obtain, verify and record information that identifies Holdings and the Borrower, which
information includes the name and address of Holdings and the Borrower and other information that will allow such Lender or the Administrative Agent, as applicable, to identify Holdings and the Borrower in accordance with the USA PATRIOT Act.

 Section 9.19 No Fiduciary Duties. In connection with all aspects of each transaction contemplated hereby,
Holdings and the Borrower acknowledge and agree that: (a) the Facilities provided for hereunder and any related arranging or other services in connection therewith (including in connection with any amendment, waiver or other modification hereof
or of any other Loan Document) are an arm’s-length commercial transaction between Holdings, the other Loan Parties and their respective Affiliates, on the one hand, and the Agents, the Arrangers and the Lenders, on the other hand, and Holdings
and the other Loan Parties are capable of evaluating and understanding and understand and accept the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents (including any amendment, waiver or other
modification hereof or thereof); (b) in connection with the process leading to such transaction, each Agent, each Arranger and each Lender is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary, for
any of Holdings, any other Loan Party or any of their respective Affiliates, stockholders, creditors or employees or any other person; (c) none of the Agents, any Arranger or any Lender has assumed or will assume an advisory, agency or
fiduciary responsibility in favor of Holdings or any other Loan Party with respect to any of the transactions contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any
other Loan Document (irrespective of whether any Agent, any Arranger or any Lender has advised or is currently advising Holdings or any other Loan Party or their respective Affiliates on other matters) and none of the Agents, any Arranger or any
Lender has any obligation to any of Holdings, the other Loan Parties or their respective Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents;
(d) the Agents, the Arrangers, the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of Holdings and the other Loan Parties and their respective Affiliates, and
none of the Agents, any Arranger or any Lender has any obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary relationship; and (e) the Agents, the Arrangers and the Lenders have not provided and will not
provide any legal, accounting, regulatory or tax advice with respect to any of the transactions contemplated hereby (including any amendment, waiver or other modification hereof or of any other Loan Document) and the Borrower and the other Loan
Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent they deemed appropriate. The Borrower, the other Loan Parties and their respective Affiliates each hereby waives and releases, to the fullest extent
permitted by law, any claims that it may have against the Agents, the Arrangers and the Lenders with respect to any breach or alleged breach of agency or fiduciary duty. 
  

 164 

 Section 9.20 Collateral and Guarantee Matters. The Lenders irrevocably agree:

 (a) that any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan
Document shall be automatically released (i) upon termination of the Commitments and payment in full of all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable and (y) contingent
indemnification obligations not yet accrued and payable) and the expiration or termination of all Letters of Credit (or upon cash collateralization of all Letters of Credit in a manner and pursuant to arrangements reasonably satisfactory to the
Issuing Bank or back-stopped by a letter of credit in form and substance reasonably satisfactory to the Issuing Bank), (ii) at the time the property subject to such Lien is transferred or to be transferred as part of or in connection with any
transfer permitted hereunder or under any other Loan Document to any Person other than Holdings, the Borrower or any other Loan Party, (iii) subject to Section 9.08(b), if the release of such Lien is approved, authorized or ratified in
writing by the Required Lenders, or (iv) if the property subject to such Lien is owned by a Guarantor, upon release of such Guarantor from its obligations under its Guarantee of the Obligations pursuant to clause (c) below; 

(b) to release or subordinate any Lien on any property subject to a Capitalized Lease Obligation permitted under this Agreement granted
to or held by the Administrative Agent or the Collateral Agent under any Loan Document to the holder of any Lien on such property; 

(c) that any Guarantor shall be automatically released from its obligations under the Guarantee of the Obligations if (i) in the
case of any Subsidiary, such Person ceases to be a Restricted Subsidiary as a result of a transaction or designation permitted hereunder or (ii) in the case of Holdings, as a result of a transaction permitted hereunder; provided that no
such release shall occur if such Guarantor continues to be a guarantor in respect of the Senior Notes or any Other Financing; and 

(d) if any Guarantor shall become an Excluded Subsidiary (as certified in writing by a Responsible Officer) and the Borrower notifies the
Administrative Agent and the Collateral Agent in writing that it wishes such Guarantor to be released from its obligations under the Guarantee of the Obligations, (i) such Subsidiary shall be automatically released from its obligations under
the Guarantee of the Obligations and (ii) any Liens granted by such Subsidiary or Liens on the Equity Interests of such Subsidiary shall be automatically released; provided that no such release shall occur if such Subsidiary continues to
be a guarantor in respect of the Senior Notes or Other Financing. 
 Upon request by the Administrative Agent or the Collateral
Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s and the Collateral Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor
from its obligations under the Guarantee of the Obligations, in each pursuant to and in accordance with this Section 9.20. In each case as specified in this Section 9.20, the Administrative Agent or the Collateral Agent will promptly (and
each Lender irrevocably authorizes the Administrative Agent and the Collateral Agent to), at the Borrower’s expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may reasonably request to evidence the
release or subordination of such item of Collateral from the assignment and security interest granted under the Security Documents, or to evidence the release of such Guarantor from its obligations under the Guarantee of the Obligations, in each
case in accordance with the terms of the Loan Documents and this Section 9.20. 
  

 165 

 Section 9.21 Process Agent. By the execution and delivery of this Agreement,
Luxco Holdings and the Initial Borrower hereby irrevocably agree to designate, appoint and empower CT Corporation System, with offices at 111 Eighth Avenue, 13th Floor, New York, NY 10011, as their authorized agent solely to receive for and on its
behalf service of summons or other legal process in any legal action, suit or proceeding in any court specified in Section 9.15 above. Luxco Holdings and the Initial Borrower shall, for so long as they shall be bound under this Agreement,
maintain a duly appointed agent, which agent shall have delivered to the Administrative Agent and maintained with the Administrative Agent effective and enforceable letters in form and substance reasonably satisfactory to the Administrative Agent to
receive for and on its behalf service of summons, complaint or other legal process in any legal action, suit or proceeding that any Secured Party may bring in New York, New York, in respect of this Agreement or the other Loan Documents and shall
keep the Administrative Agent advised of the identity and location of such agent. 
 Section 9.22 Effect of Amendment
and Restatement. This Agreement is intended to amend the Original Credit Agreement, without novation, and, solely for convenience of reference, to restate it. For the avoidance of doubt, this Agreement shall not become effective until the
satisfaction of the requirements set forth in Section 4.05 and the occurrence of the Amendment and Restatement Effective Date. Holdings and the Borrower, on behalf of themselves and each of their Subsidiaries, hereby acknowledge, certify and
agree that the “Obligations” outstanding under and as defined in the Original Credit Agreement as of the Amendment and Restatement Effective Date, continue to remain Obligations outstanding under this Agreement. 

Section 9.23 Holdings. The parties hereto agree that upon (a) the satisfaction and discharge of all obligations of Luxco
Holdings under the Bridge Credit Agreement on the Initial Funding Date (other than unasserted contingent obligations that survive the termination of the Bridge Credit Agreement) and (b) the execution and delivery of this Agreement, SSI
Investments I hereby assumes all rights, title, interests, obligations and liabilities of all and whatever nature of Luxco Holdings under this Agreement and each other Loan Document from and after the such time with the same force and effect as if
originally “Holdings” as such term is defined in this Agreement. Without limiting the generality of the foregoing, SSI Investments I hereby expressly agrees to observe and perform and be bound by all of the terms, covenants,
representations, warranties and agreements contained in this Agreement and each other Loan Document delivered hereunder which are binding upon, and to be observed or performed by “Holdings”. SSI Investments I hereby ratifies and confirms
the validity of all of its Obligations under this Agreement and each other Loan Document. Concurrently with the effectiveness of the assumption of rights, title, interests, obligations and liabilities by SSI Investments I in accordance with this
Section 9.23, Luxco Holdings shall automatically and irrevocably be, without further action from any Person, discharged from any and all obligations and other liabilities (including the Obligations) under this Agreement and each other Loan
Document to which it is a party, and all Liens, guarantees and other security interests provided by Luxco Holdings related thereto pursuant to any Loan Document shall automatically be released and terminated as of such time without any further
action by any other person. 
  

 166 

 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 

 167 

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

			
	SSI INVESTMENTS I LIMITED,
	as Holdings
		
	By:	 	 /s/ MICHAEL C. ASCIONE

		 	Name: Michael Ascione
		 	Title: Director

 SIGNATURE PAGE TO
AMENDED AND RESTATED CREDIT AGREEMENT 

			
	SSI INVESTMENTS II LIMITED,
	as Initial Borrower
		
	By:	 	 /s/ MICHAEL C. ASCIONE

		 	Name: Michael Ascione
		 	Title: Director

 SIGNATURE PAGE TO
AMENDED AND RESTATED CREDIT AGREEMENT 

			
	SSILUXCO II S.À R.L.,
	as Luxco Holdings
		
	By:	 	 /s/ MICHAEL C. ASCIONE

		 	Name: Michael Ascione
		 	Title: Manager

 SIGNATURE PAGE TO
AMENDED AND RESTATED CREDIT AGREEMENT 

			
	 MORGAN STANLEY SENIOR FUNDING, INC.,

as Administrative Agent, Collateral Agent and

Swingline Lender

		
	By:	 	 /s/ FRED STUPART

	Name:	 	Fred Stupart
	Title:	 	Vice President

 SIGNATURE PAGE TO
AMENDED AND RESTATED CREDIT AGREEMENT 

			
	MORGAN STANLEY BANK, N.A.,
	as Issuing Bank and a Lender
		
	By:	 	 /s/ FRED STUPART

		 	Name: Fred Stupart
		 	Title: Vice President

 SIGNATURE PAGE
TO AMENDED AND RESTATED CREDIT AGREEMENT 

			
	BARCLAYS BANK PLC, as a Lender
		
	By:	 	 /s/ ROBERT CHEN

	Name:	 	Robert Chen
	Title:	 	Managing Director

 SIGNATURE PAGE TO
AMENDED AND RESTATED CREDIT AGREEMENT 

			
	 DEUTSCHE BANK TRUST COMPANY

AMERICAS, as a Lender

		
	By:	 	 /s/ PAUL O’LEARY

	Name:	 	Paul O’Leary
	Title:	 	Director
		
	By:	 	 /s/ OMAYRA LAUCELLA

	Name:	 	Omayra Laucella
	Title:	 	Vice President

 SIGNATURE PAGE TO
AMENDED AND RESTATED CREDIT AGREEMENTGuarantee and Collateral Agreement

 Exhibit 10.2 

 
  

GUARANTEE AND COLLATERAL AGREEMENT 

made by 

SSILUXCO II S.À R.L. 

SSI INVESTMENTS I LIMITED, 

SSI INVESTMENTS II LIMITED, 

SSI INVESTMENTS III LIMITED, 

and 

the Subsidiaries of SSI INVESTMENTS III LIMITED party hereto 

in favor of 

MORGAN STANLEY SENIOR FUNDING, INC., 

as Collateral Agent 

dated as of February 11, 2010 
  

 

 TABLE OF CONTENTS 

 

					
	 	  	 	  	Page
	 SECTION 1.    DEFINED TERMS
	  	1
			
	1.01	  	Definitions	  	1
	1.02	  	Other Definitional Provisions	  	11
		
	 SECTION 2.    GUARANTEE
	  	11
			
	2.01	  	Guarantee	  	11
	2.02	  	Rights of Reimbursement, Contribution and Subrogation	  	12
	2.03	  	Amendments, Etc. with Respect to the Borrower Obligations	  	14
	2.04	  	Guarantee Absolute and Unconditional	  	14
	2.05	  	Payments	  	15
		
	 SECTION 3.    GRANT OF SECURITY INTEREST; CONTINUING LIABILITY UNDER
COLLATERAL
	  	15
		
	 SECTION 4.    REPRESENTATIONS AND WARRANTIES
	  	17
			
	4.01	  	Representations in Credit Agreement	  	17
	4.02	  	Title; No Other Liens	  	18
	4.03	  	Creation and Perfection of First Priority Liens	  	18
	4.04	  	Name; Jurisdiction of Organization, Etc.	  	18
	4.05	  	Inventory and Equipment	  	19
	4.06	  	Farm Products	  	19
	4.07	  	Investment Property	  	19
	4.08	  	Receivables	  	21
	4.09	  	Intellectual Property	  	21
	4.10	  	Letters of Credit and Letter of Credit Rights	  	23
	4.11	  	Commercial Tort Claims	  	23
	4.12	  	Contracts	  	23
	4.13	  	Timing of Representations and Warranties	  	24
		
	 SECTION 5.    COVENANTS
	  	25
			
	5.01	  	Delivery and Control of Instruments, Chattel Paper, Negotiable Documents, Investment Property and Deposit Accounts	  	25
	5.02	  	Maintenance of Insurance	  	26
	5.03	  	Maintenance of Perfected Security Interest; Further Documentation	  	27
	5.04	  	Changes in Locations, Name, Jurisdiction of Incorporation, Etc.	  	28
	5.05	  	Notices	  	28
	5.06	  	Investment Property	  	28
	5.07	  	Receivables	  	30
	5.08	  	Intellectual Property	  	31
	5.09	  	Contracts	  	33
	5.10	  	Commercial Tort Claims	  	33

  

 i 

 TABLE OF CONTENTS (continued) 

 

					
	 	  	 	  	Page
	 SECTION 6.    REMEDIAL PROVISIONS
	  	33
	6.01	  	Certain Matters Relating to Receivables	  	33
	6.02	  	Communications with Obligors; US Grantors Remain Liable	  	34
	6.03	  	Pledged Securities	  	34
	6.04	  	Proceeds to be Turned Over To Collateral Agent	  	35
	6.05	  	Application of Proceeds	  	36
	6.06	  	Code and Other Remedies	  	36
	6.07	  	Sale of Pledged Borrower Stock, Pledged Equity Interests and Pledged Debt Securities	  	38
	6.08	  	Deficiency	  	39
		
	 SECTION 7.    THE COLLATERAL AGENT
	  	39
			
	7.01	  	Collateral Agent’s Appointment as Attorney-in-Fact, Etc.	  	39
	7.02	  	Duty of Collateral Agent	  	41
	7.03	  	Filing of Financing Statements	  	41
	7.04	  	Authority of Collateral Agent	  	41
	7.05	  	Appointment of Co-Collateral Agents	  	42
		
	 SECTION 8.    MISCELLANEOUS
	  	42
			
	8.01	  	Amendments in Writing	  	42
	8.02	  	Notices	  	42
	8.03	  	No Waiver by Course of Conduct; Cumulative Remedies	  	42
	8.04	  	Enforcement Expenses; Indemnification	  	42
	8.05	  	Successors and Assigns	  	43
	8.06	  	Set-Off	  	43
	8.07	  	Counterparts	  	43
	8.08	  	Severability	  	43
	8.09	  	Section Headings	  	44
	8.10	  	Integration	  	44
	8.11	  	APPLICABLE LAW	  	44
	8.12	  	Submission to Jurisdiction; Waivers	  	44
	8.13	  	Acknowledgments	  	45
	8.14	  	Additional Grantors	  	45
	8.15	  	Releases	  	45
	8.16	  	WAIVER OF JURY TRIAL	  	46
	8.17	  	Reinstatement	  	46
	8.18	  	Conflict	  	46

  

 ii 

 Exhibits: 

Exhibit A Form of Trademark Security Agreement 

Exhibit B Form of Copyright Security Agreement 

Exhibit C Form of Patent Security Agreement 

Annex: 
 Annex 1 Form of
Assumption Agreement 
 Schedules: 
  

			
	Schedule 4.03	  	Filing Offices
	Schedule 4.04	  	Organizational Information
	Schedule 4.05	  	Location of Inventory and Equipment
	Schedule 4.07(a)	  	Description of Equity Instruments
	Schedule 4.07(b)	  	Description of Pledged Debt Instruments
	Schedule 4.07(c)	  	Description of Pledged Accounts
	Schedule 4.09(a)	  	Intellectual Property
	Schedule 4.09(c)	  	Licenses, Etc.
	Schedule 4.10	  	Letter of Credit Rights
	Schedule 4.11	  	Commercial Tort Claims
	Schedule 4.12(a)	  	Material Contracts
	Schedule 4.12(c)	  	Government Contracts
	Schedule 8.02	  	Notice Address of Guarantors

  

 iii 

 This GUARANTEE AND COLLATERAL AGREEMENT, dated as of February 11, 2010, is made by each
of the parties signatory hereto as a “Guarantor” (together with any other entity that may become a party hereto as Guarantor as provided herein, the “Guarantors”) and each of the parties signatory
hereto as a “Grantor” (together with any other entity that may become a party hereto as Grantor as provided herein, the “Grantors”), in favor of MORGAN STANLEY SENIOR FUNDING, INC. (“MS”), as
collateral agent (in such capacity and together with its successors, the “Collateral Agent”) for (i) the banks and other financial institutions or entities (the “Lenders”) from time to time
parties to the Credit Agreement, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Holdings (as defined therein), the Borrower (as defined
therein), the Lenders, MS, as administrative agent (in such capacity and together with its successors, the “Administrative Agent”), and the Collateral Agent, and (ii) the other Secured Parties (as hereinafter defined).

 W I T N E S S E T H: 

WHEREAS, pursuant to the Credit Agreement, the Lenders have severally agreed to make extensions of credit to the Borrower upon the terms
and subject to the conditions set forth therein; 
 WHEREAS, the Borrower is a member of an affiliated group of companies that
includes each other Grantor; 
 WHEREAS, the proceeds of the extensions of credit under the Credit Agreement will be used in
part to enable the Borrower to make valuable transfers to one or more of the other Grantors in connection with the operation of their respective businesses; 

WHEREAS, the Borrower and the other Grantors are engaged in related businesses, and each Grantor will derive substantial direct and
indirect benefit from the making of the extensions of credit under the Credit Agreement; and 
 WHEREAS, it is a condition
precedent to the obligation of the Lenders to make their respective extensions of credit to the Borrower under the Credit Agreement that the Grantors shall have executed and delivered this Agreement to the Collateral Agent for the ratable benefit of
the Secured Parties; 
 NOW, THEREFORE, in consideration of the premises and to induce the Lenders to enter into the Credit
Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, each Grantor hereby agrees with the Collateral Agent, for the ratable benefit of the Secured Parties, as follows: 

SECTION 1. DEFINED TERMS 

1.01 Definitions. 

(a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given
to them in the Credit Agreement, and the following terms are used herein as defined in the New York UCC (and if defined in more 

 

 1 

 
than one Article of the New York UCC, such terms shall have the meanings given in Article 9 thereof): Accounts, Account Debtor, As-Extracted Collateral, Certificated Security, Chattel Paper,
Commercial Tort Claim, Commodity Account, Commodity Contract, Commodity Intermediary, Documents, Deposit Account, Electronic Chattel Paper, Equipment, Farm Products, Financial Asset, Fixtures, General Intangibles, Goods, Instruments, Inventory,
Letter of Credit, Letter of Credit Rights, Money, Payment Intangibles, Securities Account, Securities Intermediary, Security, Security Entitlement, Supporting Obligations, Tangible Chattel Paper and Uncertificated Security. 

(b) The following terms shall have the following meanings: 

“Administrative Agent” shall have the meaning assigned to such term in the preamble. 

“After-Acquired Intellectual Property” shall have the meaning assigned to such term in
Section 5.08(j). 
 “Agreement” shall mean this Guarantee and Collateral Agreement, as the
same may be amended, supplemented or otherwise modified from time to time. 
 “Borrower Obligations”
shall mean the collective reference to the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and reimbursement obligations in respect of amounts drawn under Letters of Credit and interest accruing after
the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to any Grantor, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans
and all other obligations and liabilities of the Grantors to any Arranger, to any Agent or to any Lender (or, in case of Specified Hedge Agreements, any Lender, Agent or Arranger or any Affiliate of any Lender, Agent or Arranger), whether direct or
indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with the Credit Agreement, any other Loan Document, the Letters of Credit, any Specified Hedge Agreement
or any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations, guarantee obligations, fees, indemnities, costs, expenses (including all fees, charges and
disbursements of counsel to the Arrangers, to any Agent or to any Lender that are required to be paid by any Grantor in accordance with the Credit Agreement or any other Loan Document) or otherwise; provided, that (i) obligations of
Holdings, the Borrower or any other Loan Party under any Specified Hedge Agreement shall be secured and guaranteed pursuant to the Security Documents only to the extent that, and for so long as, the other Borrower Obligations are so secured and
guaranteed, (ii) any release of collateral or guarantors effected in the manner permitted by the Credit Agreement or any other Loan Document (including any release effected with the consent of, or pursuant to any waiver or amendment approved
by, the Lenders in accordance with the terms of the Credit Agreement) shall not require the consent of holders of obligations under Specified Hedge Agreements (in their capacity as such holders) and (iii) the amount of secured obligations under
any Specified Hedge Agreements shall not exceed the net amount, including any net termination payments, that would be required to be paid to the counterparty to such Specified Hedge Agreement on the date of termination of such Specified Hedge
Agreement. 
  

 2 

 “Business Day” shall mean any day other than a Saturday, Sunday or
day on which commercial banks in New York City are authorized or required by law to close. 

“Collateral” shall have the meaning assigned to such term in Section 3 and shall include all other
property and assets of the Grantors, now owned or hereafter acquired, upon which a Lien is purported to be created by any Security Document. 

“Collateral Account” shall mean (i) any collateral account established by the Collateral Agent as provided
in Section 6.01 or 6.04 or (ii) any cash collateral account established as provided in Section 2.23(j) of the Credit Agreement. 

“Collateral Account Funds” shall mean, collectively, the following: all funds and investments (including all cash
equivalents) credited to any Collateral Account and all certificates and instruments from time to time representing or evidencing such investments; all notes, certificates of deposit, checks and other instruments from time to time hereafter
delivered to or otherwise possessed by the Collateral Agent for or on behalf of any Grantor in substitution for, or in addition to, any or all of the Collateral; and all interest, dividends, cash, instruments and other property from time to time
received, receivable or otherwise distributed in respect of or in exchange for any or all of the items constituting Collateral. 

“Collateral Agent” shall have the meaning assigned to such term in the preamble. 

“Contracts” shall mean all contracts and agreements between any Grantor and any other person (in each case,
whether written or oral, or third party or intercompany) as the same may be amended, extended, restated, supplemented or otherwise modified from time to time including (i) all rights of any Grantor to receive moneys due and to become due to it
thereunder or in connection therewith, (ii) all rights of any Grantor to receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto, (iii) all rights of any Grantor to damages arising thereunder and
(iv) all rights of any Grantor to terminate and to perform and compel performance of, such contracts and to exercise all remedies thereunder. 

“Copyright Licenses” shall mean any agreement, whether written or oral, naming any Grantor as licensor or
licensee (including those listed in Schedule 4.09(a) (as such schedule may be amended or supplemented from time to time)), granting any right in, to or under any Copyright, including the grant of rights to reproduce, print, publish, copy,
import, export, sell, distribute, perform, publicly display, and make derivative works of any work protected by copyright. 

“Copyrights” shall mean (i) all copyrights arising under the laws of the United States, any other country,
or union of countries, or any political subdivision of any of the foregoing, whether registered or unregistered and whether published or unpublished (including the registered copyrights and applications listed in Schedule 4.09(a) (as such
schedule may be amended or supplemented from time to time)), all registrations and recordings thereof, and all applications in connection therewith and rights corresponding thereto throughout the world, including all registrations, recordings and
applications in the United States Copyright Office, (ii) the right to, and to obtain, all extensions and renewals thereof, and the right to sue for past, present and future infringements of any of the foregoing, (iii) all proceeds of the
foregoing, including license, royalties, income, payments, claims, damages, and proceeds of suit and (iv) all other rights of any kind whatsoever accruing thereunder or pertaining thereto. 

 

 3 

 “Credit Agreement” shall have the meaning assigned to such term in
the preamble. 
 “dollars” and “$” shall mean lawful money of the United States
of America. 
 “Excluded Assets” shall mean (i) all leases, licenses, contracts, property rights or
agreements to which any US Grantor is a party or any of its rights or interests thereunder if and only for so long as the grant of a security interest therein shall constitute or result in a breach, termination, right of termination or default under
any such lease, license, contract, property right or agreement (other than to the extent that any such term would be rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC of any relevant jurisdiction or any other
applicable law or principles of equity); provided, however, that such security interest shall attach immediately to any portion of such lease, license, contract, property rights or agreement that does not result in any of the
consequences specified above; (ii) all applications to register a Trademark based on a Grantor’s “intent to use” such Trademark for which a statement of use has not been filed (but only until such statement is accepted);
(iii) any Equity Interest held by a US Grantor representing more than 65% of the issued and outstanding voting Equity Interests of any Foreign Subsidiary; (iv) all Equity Interests in any Excluded Subsidiary for so long as such Subsidiary
qualifies as an Excluded Subsidiary (other than Foreign Subsidiaries, which are addressed in clause (iii) of this definition); (v) all Equity Interests in Holdings; (vi) the book debts of the Irish Guarantors, but solely to the extent
that a grant of security over such book debts under this Agreement would be construed for the purposes of Irish law as constituting a fixed charge over such book debts that would be subject to section 1001 of the Taxes Consolidation Act 1997 of
Ireland, where “book debts” has the meaning given to that term in the Companies Act 1963 of Ireland, (vii) the Subordinated Note, (viii) any assets to the extent and for so long as the pledge of such assets is prohibited by law
and such prohibition is not overridden by the UCC or other applicable law; and (ix) any particular assets if the Collateral Agent in its sole discretion determines that the burden, cost or consequences (including any material adverse tax
consequences) to the Borrower or its Subsidiaries of creating a pledge or security interest in such assets in favor of the Collateral Agent for the benefit of the Secured Parties is excessive in relation to the benefits to be obtained therefrom by
the Secured Parties. Notwithstanding the foregoing, “Excluded Assets” shall not include any proceeds, products, substitutions or replacements of Excluded Assets (unless such proceeds, products, substitutions or replacements would otherwise
constitute Excluded Assets). 
 “General Intangibles” shall mean all “general intangibles” as
such term is defined in Article 9 of the New York UCC and, in any event, including with respect to any Grantor, all rights of such Grantor to receive any tax refunds, all Hedging Agreements and all contracts, agreements, instruments and indentures
and all licenses, permits, concessions, franchises and authorizations issued by Governmental Authorities in any form, and portions thereof, to which such Grantor is a party or under which such Grantor has any right, title or interest or to which
such Grantor or any property of such Grantor is subject, as the same may from time to time be amended, supplemented, replaced or otherwise modified, including (i) all rights of such Grantor to receive moneys due and to become due to it
thereunder or in connection therewith, (ii) all rights of such Grantor to receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto, (iii) all rights of such Grantor to damages arising thereunder and
(iv) all rights of such Grantor to terminate and to perform and compel performance and to exercise all remedies thereunder. 
  

 4 

 “Grantors” shall have the meaning assigned to such term in the
preamble and shall include each of the Initial Borrower and Target at all times following execution and delivery of this Agreement by such party. 

“Guarantor Obligations” shall mean with respect to any Guarantor, all obligations and liabilities of such
Guarantor which may arise under or in connection with this Agreement (including Section 2) or any other Loan Document or Specified Hedge Agreements to which such Guarantor is a party, in each case whether on account of guarantee
obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including all fees and disbursements of counsel to any Secured Party that are required to be paid by such Guarantor pursuant to the terms of this Agreement or
any other Loan Document). 
 “Guarantors” shall have the meaning assigned to such term in the preamble
and shall include the Initial Borrower following execution and delivery of the Intermediate Borrower Assignment and Assumption Agreement and Target both before execution and delivery of the Intermediate Borrower Assignment and Assumption Agreement
and following execution and delivery of the of the US Borrower Assignment and Assumption Agreement. 
 “Initial
Borrower” shall have the meaning assigned to such term in the definition of “Borrower”. 

“Insurance” shall mean all insurance policies covering any or all of the Collateral (regardless of whether the
Collateral Agent is the loss payee thereof). 
 “Intellectual Property” shall mean the collective
reference to all rights, priorities and privileges relating to any intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including the Copyrights, the Copyright Licenses, the Patents, the Patent
Licenses, the Trademarks, the Trademark Licenses, the Trade Secrets and the Trade Secret Licenses, together with URLs, domain names, content of websites and databases, and all rights to sue at law or in equity for any past, present and future
infringement or other violation of rights therein, including the right to receive all proceeds and damages therefrom. 

“Intellectual Property Collateral” shall mean that portion of the Collateral that constitutes Intellectual
Property; but excluding all Excluded Assets. 
 “Intellectual Property Security Agreement” shall mean
each Trademark Security Agreement, Copyright Security Agreement and Patent Security Agreement, in the forms of Exhibit A, Exhibit B and Exhibit C, respectively, that is executed and delivered pursuant to this Agreement.

 “Investment Property” shall mean the collective reference to (i) all “investment
property” as such term is defined in Section 9-102(a)(49) of the New York UCC including all Certificated Securities and Uncertificated Securities, all Security Entitlements, all Securities Accounts, all Commodity Contracts and all
Commodity Accounts, (ii) security entitlements, in 
  

 5 

 
the case of any United States Treasury book-entry securities, as defined in 31 C.F.R. section 357.2, or, in the case of any United States federal agency book-entry securities, as defined in the
corresponding United States federal regulations governing such book-entry securities, and (iii) whether or not otherwise constituting “investment property,” all Pledged Notes, all Pledged Equity Interests, all Pledged Security
Entitlements and all Pledged Commodity Contracts; but excluding all Excluded Assets. 
 “Issuers” shall
mean the collective reference to each issuer of a Pledged Security. 
 “Lenders” shall have the meaning
assigned to such term in the preamble. 
 “Licensed Intellectual Property” shall have the meaning
assigned to such term in Section 4.09(a). 
 “Luxco” shall mean SSILuxCo II S.à r.l.,
a Luxembourg private limited company. 
 “Material Contract” shall mean each contract pursuant to which
any Grantor licenses Material Intellectual Property together with any agreement, contract or license or other arrangement (other than an agreement, contract or arrangement representing indebtedness for borrowed money) to which any Grantor is a party
that, in each case, is material to the Grantors and their subsidiaries, taken as a whole, and for which breach, nonperformance, cancellation or failure to renew could reasonably be expected to have a Material Adverse Effect. 

“Material Intellectual Property” shall have the meaning assigned to such term in Section 4.09(b).

 “New York UCC” shall mean the Uniform Commercial Code as from time to time in effect in the State of
New York. 
 “Obligations” shall mean (i) in the case of the Borrower, the Borrower Obligations,
and (ii) in the case of each Guarantor, its Guarantor Obligations. 
 “Owned Intellectual Property”
shall have the meaning assigned to such term in Section 4.09(a). 
 “Parent” shall mean the
person of which the Borrower is a direct, wholly-owned Subsidiary. 
 “Patent License” shall mean all
agreements, whether written or oral, providing for the grant by or to any Grantor of any right to manufacture, use, import, export, distribute or sell any invention covered by a Patent, including any of the foregoing listed in Schedule
4.09(a) (as such schedule may be amended or supplemented from time to time). 
 “Patents” shall mean
(i) all letters of patent of the United States, any other country or any union of countries or any political subdivision of any of the foregoing, all reissues and extensions thereof and all goodwill associated therewith, including any of the
foregoing listed in Schedule 4.09(a) (as such schedule may be amended or supplemented from time to time), (ii) all applications for letters of patent of the United States or any other country or union of countries or any political
subdivision of any of the foregoing and all divisions, continuations 
  

 6 

 
and continuations-in-part thereof, all improvements thereof, including any of the foregoing listed in Schedule 4.09(a) (as such schedule may be amended or supplemented from time to time),
(iii) all rights to, and to obtain, any reissues or extensions of the foregoing and (iv) all proceeds of the foregoing, including licenses, royalties, income, payments, claims, damages and proceeds of suit. 

“Payment in Full of the Obligations” shall have the meaning assigned to such term in Section 2.01(e).

 “person” shall mean any natural person, institution, sole proprietorship, unincorporated
organization, public benefit corporation, corporation, trust, business trust, joint venture, joint stock company, association, company, limited liability company, partnership, Governmental Authority or other entity. 

“Pledged Alternative Equity Interests” shall mean all interests of any Grantor in participation or other
interests in any equity or profits of any business entity and the certificates, if any, representing such interests and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time
to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such interests and any other warrant, right or option to acquire any of the foregoing; provided, however, that Pledged Alternative
Equity Interests shall not include any Pledged Stock, Pledged Partnership Interests, Pledged LLC Interests or Pledged Trust Interests; but excluding all Excluded Assets. 

“Pledged Borrower Stock” shall mean all of the Equity Interests in US Borrower. 

“Pledged Collateral” shall mean the collective reference to the Pledged Commodity Contracts, the Pledged
Securities and the Pledged Security Entitlements in each case held by a US Grantor; but excluding all Excluded Assets. 

“Pledged Commodity Contracts” shall mean all Commodity Contracts listed on Schedule 4.07(c) (as such
schedule may be amended from time to time) and all other Commodity Contracts to which any Grantor is party from time to time in each case held by a US Grantor; but excluding all Excluded Assets. 

“Pledged Debt Securities” shall mean all debt securities now owned or hereafter acquired by any US Grantor,
including the debt securities listed on Schedule 4.07(b), (as such schedule may be amended or supplemented from time to time), together with any other certificates, options, rights or security entitlements of any nature whatsoever in respect
of the debt securities of any person that may be issued or granted to, or held by, any US Grantor while this Agreement is in effect; but excluding all Excluded Assets. 

“Pledged Equity Interests” shall mean all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests,
Pledged Trust Interests and Pledged Alternative Equity Interests, in each case held by a US Grantor. 
  

 7 

 “Pledged LLC Interests” shall mean all interests of any US Grantor
now owned or hereafter acquired in any limited liability company, including all limited liability company interests listed on Schedule 4.07(a) hereto under the heading “Pledged LLC Interests” (as such schedule may be amended or
supplemented from time to time) and the certificates, if any, representing such limited liability company interests and any interest of such Grantor on the books and records of such limited liability company and all dividends, distributions, cash,
warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such limited liability company interests and any other
warrant, right or option to acquire any of the foregoing; but excluding all Excluded Assets. 
 “Pledged
Notes” shall mean all promissory notes now owned or hereafter acquired by any Grantor, including those listed on Schedule 4.07(b) (as such schedule may be amended or supplemented from time to time); but excluding all Excluded
Assets. 
 “Pledged Partnership Interests” shall mean all interests of any US Grantor now owned or
hereafter acquired in any general partnership, limited partnership, limited liability partnership or other partnership, including all partnership interests listed on Schedule 4.07(a) hereto under the heading “Pledged Partnership
Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership and all
dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership
interests and any other warrant, right or option to acquire any of the foregoing; but excluding all Excluded Assets. 

“Pledged Securities” shall mean the collective reference to the Pledged Debt Securities, the Pledged Notes and
the Pledged Equity Interests; but excluding all Excluded Assets. 
 “Pledged Security Entitlements”
shall mean all Security Entitlements with respect to the Financial Assets listed on Schedule 4.07(c) (as such schedule may be amended from time to time) and all other Security Entitlements of any Grantor; but excluding all Excluded Assets.

 “Pledged Stock” shall mean all shares of capital stock now owned or hereafter acquired by any US
Grantor, including all shares of capital stock listed on Schedule 4.07(a) hereto under the heading “Pledged Stock” (as such schedule may be amended or supplemented from time to time), and the certificates, if any, representing such
shares and any interest of such Grantor in the entries on the books of the issuer of such shares and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received,
receivable or otherwise distributed in respect of or in exchange for any or all of such shares and any other warrant, right or option to acquire any of the foregoing; but excluding all Excluded Assets. 

“Pledged Trust Interests” shall mean all interests of any US Grantor now owned or hereafter acquired in a
Delaware business trust or other statutory trust, including all trust interests listed on Schedule 4.07(a) hereto under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and
the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest

  

 8 

 
and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in
respect of or in exchange for any or all of such trust interests and any other warrant, right or option to acquire any of the foregoing; but excluding all Excluded Assets. 

“Proceeds” shall mean all “proceeds” as such term is defined in Section 9-102(a)(64) of the New
York UCC and, in any event, shall include all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto. 

“Qualified Counterparty” shall mean, with respect to any Specified Hedge Agreement, any counterparty thereto
that, at the time such Specified Hedge Agreement was entered into, was a Lender, an Agent, an Arranger or an Affiliate of a Lender, an Agent or an Arranger. 

“Receivable” shall mean all Accounts and any other right to payment for goods or other property sold, leased,
licensed or otherwise disposed of or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper or classified as a Payment Intangible and whether or not it has been earned by performance. References herein to
Receivables shall include any Supporting Obligation or collateral securing such Receivable. 
 “Secured
Parties” shall mean, collectively, the Arrangers, the Administrative Agent, the Collateral Agent, the Lenders, Swingline Lender, Issuing Bank and, with respect to any Specified Hedge Agreement, any Qualified Counterparty that has agreed
to be bound by the provisions of Article VIII of the Credit Agreement as if it were a Lender party thereto; provided that no Qualified Counterparty shall have any rights in connection with the management or release of any Collateral or
the obligations of any Guarantor under this Agreement. 
 “Securities Act” shall mean the Securities Act
of 1933, as amended. 
 “Specified Hedge Agreement” shall mean any Hedging Agreement (a) entered
into by (i) Holdings, the Borrower or any of the Subsidiaries and (ii) any Lender, Agent or Arranger or any Affiliate of any Lender, Agent or Arranger, or any person that was a Lender, Agent or Arranger or Affiliate of any Lender, Agent or
Arranger when such Hedging Agreement was entered into as counterparty and (b) which has been designated by such Lender, Agent or Arranger and the Borrower, by notice to the Collateral Agent not later than 90 days after the execution and
delivery thereof by Holdings, the Borrower or such Subsidiary, as a Specified Hedge Agreement; provided that the designation of any Hedging Agreement as a Specified Hedge Agreement shall not create in favor of any Lender, Agent or Arranger or
any Affiliate of any Lender, Agent or Arranger that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under this Agreement. 

“Subordinated Note” shall mean that certain Subordinated Intercompany Promissory note in the original principal
amount of $380,000,000 issued by SkillSoft Ireland Limited in favor of SkillSoft Corporation, dated February 9, 2009, as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time in accordance
with the Loan Documents. 
  

 9 

 “Subsidiary” shall mean any subsidiary of Holdings. 

“Target” shall have the meaning assigned to such term in the preamble. 

“Trademark License” shall mean any written agreement providing for the grant by or to any Grantor of any right
in, to or under any Trademark, including any of the foregoing referred to in Schedule 4.09(a) (as such schedule may be amended or supplemented from time to time). 

“Trademarks” shall mean (i) all trademarks, trade names, corporate names, company names, business names,
fictitious business names, trade styles, service marks, logos, designs and other source or business identifiers, and all goodwill associated therewith, now existing or hereafter adopted or acquired, all registrations and recordings thereof, and all
applications in connection therewith, whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country, union of countries, or any political subdivision of any
of the foregoing, or otherwise, and all common-law rights related thereto, including any of the foregoing listed in Schedule 4.09(a) (as such schedule may be amended or supplemented from time to time), (ii) the right to, and to obtain,
all renewals thereof, (iii) the goodwill of the business connected with the use of and symbolized by the foregoing, (iv) general intangibles of a like nature and (v) the right to sue for past, present and future infringements or
dilution of any of the foregoing or for any injury to goodwill, and all proceeds of the foregoing, including royalties, income, payments, claims, damages and proceeds of suit. 

“Trade Secret License” shall mean any written agreement providing for the grant by or to any Grantor of any right
in, to or under any Trade Secret. 
 “Trade Secrets” shall mean all trade secrets and all other
confidential or proprietary information and know-how (all of the foregoing being collectively called a “Trade Secret”), reduced to a writing or other tangible form, including all documents and things embodying, incorporating or describing
such Trade Secret, the right to sue for past, present and future infringements of any Trade Secret and all proceeds of the foregoing, including royalties, income, payments, claims, damages and proceeds of suit. 

“Unfunded Advances/Participations” shall mean, (a) with respect to the Administrative Agent, the aggregate
amount, if any (i) made available to the Borrower on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by the Credit Agreement and (ii) with respect to
which a corresponding amount shall not in fact have been made available to the Administrative Agent by any such Lender, (b) with respect to the Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding
Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance the Credit Agreement, and, (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C
Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with the Credit Agreement. 

“US Borrower” shall have the meaning assigned to such term in the definition of “Borrower”. 

 

 10 

 “US Grantor” shall mean each Grantor incorporated, formed or
organized under the laws of any state of the United States of America. 
 1.02 Other Definitional Provisions. 

(a) The words “hereof,” “herein,” “hereto” and “hereunder” and words of similar
import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section and Schedule references are to the specific provisions of this Agreement unless otherwise specified.

 (b) The meanings given to terms defined herein shall be equally applicable to both the singular and plural
forms of such terms. 
 (c) Where the context requires, terms relating to the Collateral or any part thereof,
when used in relation to a Grantor, shall refer to the property or assets such Grantor has granted as Collateral or the relevant part thereof. 

(d) The expressions “payment in full,” “paid in full” and any other similar terms or phrases when used
herein or in any other document with respect to the Borrower Obligations or the Guarantor Obligations shall mean the unconditional, final and irrevocable payment in full, in immediately available funds, of all of the Borrower Obligations or the
Guarantor Obligations, as the case may be, in each case, unless otherwise specified, other than indemnification and other contingent obligations not then due and payable. 

(e) The words “include,” “includes” and “including,” and words of similar import, shall not
be limiting and shall be deemed to be followed by the phrase “without limitation.” 
 (f) All
references to the Lenders herein shall, where appropriate, include any Lender, the Administrative Agent, the Collateral Agent or any Arranger or, in the case of any Lender, Agent or Arranger, any Affiliate thereof that is a party to a Specified
Hedge Agreement. 
 SECTION 2. GUARANTEE 

2.01 Guarantee. 

(a) Each of the Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantees to the Collateral
Agent, for the ratable benefit of the Secured Parties and their respective successors and assigns, the prompt and complete payment and performance by the Borrower when due (whether at the stated maturity, by acceleration or otherwise) of the
Borrower Obligations. 
 (b) If and to the extent required in order for the Obligations of any Guarantor to be
enforceable under applicable federal, state and other laws relating to the insolvency of debtors, the maximum liability of such Guarantor hereunder shall be limited to the greatest amount which can lawfully be guaranteed by such Guarantor under such
laws, after giving effect to any rights of contribution, reimbursement and subrogation arising under Section 2.02. 
  

 11 

 (c) Each Guarantor agrees that the Borrower Obligations may at any time and
from time to time be incurred or permitted in an amount exceeding the maximum liability of such Guarantor under Section 2.01(b) without impairing the guarantee contained in this Section 2 or affecting the rights and remedies
of any Secured Party hereunder. 
 (d) The guarantee contained in this Section 2 shall remain in full
force and effect until Payment in Full of the Obligations, notwithstanding that from time to time during the term of the Credit Agreement the Borrower may be free from any Borrower Obligations. 

(e) No payment made by the Borrower, any of the Guarantors, any other guarantor or any other person or received or
collected by any Secured Party from the Borrower, any of the Guarantors, any other guarantor or any other person by virtue of any action or proceeding or any set-off or appropriation or application at any time or from time to time in reduction of or
in payment of the Borrower Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Guarantor hereunder which shall, notwithstanding any such payment (other than any payment made by such Guarantor in respect of
the Borrower Obligations or any payment received or collected from such Guarantor in respect of the Borrower Obligations), remain liable for the Borrower Obligations up to the maximum liability of such Guarantor hereunder until (i) the Borrower
Obligations (other than obligations under Specified Hedge Agreements not yet due and payable and contingent obligations not yet accrued and payable) are paid in full, (ii) no letter of credit shall be outstanding under the Credit Agreement
(unless cash collateral or other credit support satisfactory to the Issuing Bank has been provided) and (iii) all commitments to extend credit under the Credit Agreement shall have been terminated or have expired (the occurrence of all of (i),
(ii) and (iii), “Payment in Full of the Obligations”). 
 2.02 Rights of Reimbursement,
Contribution and Subrogation. 
 In case any payment is made on account of the Obligations by any Guarantor or is received or
collected on account of the Obligations from any Guarantor or its property: 
 (a) If such payment is made by the
Borrower or from its property, then, if and to the extent such payment is made on account of Obligations arising from or relating to a Loan or other extension of credit made to the Borrower or a letter of credit issued for the account of the
Borrower, the Borrower shall not be entitled (i) to demand or enforce reimbursement or contribution in respect of such payment from any other Guarantor or (ii) to be subrogated to any claim, interest, right or remedy of any Secured Party
against any other person, including any other Guarantor or its property. 
 (b) If such payment is made by a
Guarantor or from its property, such Guarantor shall be entitled, subject to and upon Payment in Full of the Obligations, (i) to demand and enforce reimbursement for the full amount of such payment from the Borrower and (ii) to demand and
enforce contribution in respect of such payment from 
  

 12 

 
each other Guarantor that has not paid its proportionate share of such payment, as necessary to ensure that (after giving effect to any enforcement of reimbursement rights provided hereby) each
Guarantor pays its proportionate share of the unreimbursed portion of such payment. For this purpose, the proportionate share of each Guarantor as to any unreimbursed payment shall be determined based on an equitable apportionment of such
unreimbursed payment among all Guarantors based on the relative value of their assets and any other equitable considerations deemed appropriate by a court of competent jurisdiction. 

(c) If and whenever (after Payment in Full of the Obligations) any right of reimbursement or contribution becomes
enforceable by any Guarantor against any other Guarantor under Section 2.02(b), such Guarantor shall be entitled, subject to and upon Payment in Full of the Obligations, to be subrogated (equally and ratably with all other Guarantors
entitled to reimbursement or contribution from any other Guarantor as set forth in this Section 2.02) to any security interest that may then be held by the Collateral Agent upon any Collateral granted (i) to it in this Agreement,
and (ii) to any claims, interests, rights or remedies under this Agreement or any other Loan Document. Such right of subrogation shall be enforceable solely against the Guarantors, and not against the Secured Parties. Neither the Collateral
Agent nor any other Secured Party shall have any duty whatsoever to warrant, ensure or protect any such right of subrogation or to obtain, perfect, maintain, hold, enforce or retain any Collateral for any purpose related to any such right of
subrogation. If subrogation is demanded by any Guarantor, then (after Payment in Full of the Obligations) the Collateral Agent shall deliver to the Guarantors making such demand, or to a representative of such Guarantors or of the Guarantors
generally, an instrument reasonably satisfactory to the Collateral Agent transferring, on a quitclaim basis without any recourse, representation, warranty or obligation whatsoever, whatever security interest and claims, interests, rights or remedies
under this Agreement or any other Loan Document the Collateral Agent then may hold in whatever Collateral may then exist that was not previously released or disposed of by the Collateral Agent. 

(d) All rights and claims arising under this Section 2.02 or based upon or relating to any other right of
reimbursement, indemnification, contribution or subrogation that may at any time arise or exist in favor of any Guarantor as to any payment on account of the Obligations made by it or received or collected from its property shall be fully
subordinated in all respects to the prior payment in full of all of the Obligations. Until Payment in Full of the Obligations, no Guarantor shall demand or receive any collateral security, payment or distribution whatsoever (whether in cash,
property or securities or otherwise) on account of any such right or claim. Until Payment in Full of the Obligations, (i) if any such payment or distribution is made or becomes available to any Guarantor in any bankruptcy case or receivership,
insolvency, court protection or liquidation proceeding, such payment or distribution such Guarantor shall cause such payment to be delivered by the person making such payment or distribution directly to the Collateral Agent, for application to the
payment of the Obligations, and (ii) if any such payment or distribution is received by any Guarantor, it shall be held by such Guarantor in trust, as trustee of an express trust for the benefit of the Secured Parties, and shall forthwith be
transferred and delivered by such Guarantor to the Collateral Agent, in the exact form received and, if necessary, duly endorsed. 
  

 13 

 (e) The obligations of the Guarantors under the Loan Documents, including
their liability for the Obligations and the enforceability of the security interests granted thereby, are not contingent upon the validity, legality, enforceability, collectibility or sufficiency of any right of reimbursement, contribution or
subrogation arising under this Section 2.02. The invalidity, insufficiency, unenforceability or uncollectibility of any such right shall not in any respect diminish, affect or impair any such obligation or any other claim, interest,
right or remedy at any time held by any Secured Party against any Guarantor or its property. The Secured Parties make no representations or warranties in respect of any such right and shall have no duty to assure, protect, enforce or ensure any such
right or otherwise relating to any such right. 
 (f) Each Guarantor reserves any and all other rights of
reimbursement, contribution or subrogation at any time available to it as against any other Guarantor, but (i) the exercise and enforcement of such rights shall be subject to Section 2.02(d) and (ii) neither the Collateral
Agent nor any other Secured Party shall ever have any duty or liability whatsoever in respect of any such right, except as provided in Section 2.02(c). 

2.03 Amendments, Etc. with Respect to the Borrower Obligations. 

Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without
notice to or further assent by any Guarantor, any demand for payment of any of the Borrower Obligations made by any Secured Party may be rescinded by such Secured Party and any of the Borrower Obligations continued, and the Borrower Obligations, or
the liability of any other person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, increased, extended, amended,
modified, accelerated, compromised, waived, surrendered or released by any Secured Party, and the Credit Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified,
supplemented or terminated, in whole or in part, as the parties thereto may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by any Secured Party for the payment of the Borrower Obligations
may be sold, exchanged, waived, surrendered or released. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Borrower Obligations or for the guarantee contained in this
Section 2 or any property subject thereto. 
 2.04 Guarantee Absolute and Unconditional. 

Each Guarantor waives any and all notice of the creation, renewal, extension or accrual of any of the Borrower Obligations and notice of
or proof of reliance by any Secured Party upon the guarantee contained in this Section 2 or acceptance of the guarantee contained in this Section 2; the Borrower Obligations, and any of them, shall conclusively be deemed to
have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon the guarantee contained in this Section 2; and all dealings between the Borrower and any of the Guarantors, on the one hand, and the
Secured Parties, on the other hand, in connection with the Borrower Obligations, likewise shall be conclusively presumed to have been had or consummated in reliance upon the guarantee contained in this Section 2. Except as otherwise
specifically provided in this Agreement or any other Loan Document, each Guarantor waives diligence, 
  

 14 

 
presentment, protest, demand for payment and notice of default or nonpayment to or upon the Borrower or any of the Guarantors with respect to the Borrower Obligations. Each Guarantor understands
and agrees that the guarantee contained in this Section 2 may be construed as a continuing, absolute and unconditional guarantee of payment and performance without regard to (a) the validity or enforceability of the Credit Agreement
or any other Loan Document, any of the Borrower Obligations or any other collateral security therefor or guarantee or right of offset with respect thereto at any time or from time to time held by any Secured Party, (b) any defense, set-off or
counterclaim (other than a defense of payment or performance hereunder) which may at any time be available to or be asserted by the Borrower or any other person against any Secured Party, or (c) any other circumstance whatsoever (with or
without notice to or knowledge of the Borrower or such Guarantor) which constitutes, or might be construed to constitute, an equitable or legal discharge of the Borrower for the Borrower Obligations, or of such Guarantor under the guarantee
contained in this Section 2, in bankruptcy, court protection, insolvency or in any other instance. When making any demand hereunder or otherwise pursuing its rights and remedies hereunder against any Guarantor, any Secured Party may, but
shall be under no obligation to, make a similar demand on or otherwise pursue such rights and remedies as it may have against the Borrower, any other Guarantor or any other person or against any collateral security or guarantee for the Borrower
Obligations or any right of offset with respect thereto, and any failure by any Secured Party to make any such demand, to pursue such other rights or remedies or to collect any payments from the Borrower, any other Guarantor or any other person or
to realize upon any such collateral security or guarantee or to exercise any such right of offset, or any release of the Borrower, any other Guarantor or any other person or any such collateral security, guarantee or right of offset, shall not
relieve any Guarantor of any obligation or liability hereunder, and shall not impair or affect the rights and remedies, whether express, implied or available as a matter of law, of any Secured Party against any Guarantor. For the purposes hereof,
“demand” shall include the commencement and continuance of any legal proceedings. 
 2.05 Payments. 

Each Guarantor hereby guarantees that payments hereunder will be paid to the Collateral Agent promptly upon demand by the Collateral Agent
without set-off or counterclaim in dollars in immediately available funds at the office of the Collateral Agent as specified in the Credit Agreement. 

SECTION 3. GRANT OF SECURITY INTEREST; CONTINUING LIABILITY UNDER COLLATERAL 

(a) Each Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security
interest in all of the following assets and properties of such Grantor, in each case, wherever located and now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any
right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such
Grantor’s Obligations: 
 (i) all Accounts; 

(ii) all As-Extracted Collateral; 
  

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 (iii) all Chattel Paper; 

(iv) all Commercial Tort Claims from time to time specifically described on Schedule 4.11; 

(v) all Contracts; 

(vi) all Deposit Accounts; 

(vii) all Documents; 

(viii) all Equipment; 

(ix) all Fixtures 

(x) all General Intangibles; 

(xi) all Goods 

(xii) all Instruments; 

(xiii) all Insurance; 

(xiv) all Intellectual Property; 

(xv) all Inventory; 

(xvi) all Investment Property; 

(xvii) all Letters of Credit and all Letter of Credit Rights; 

(xviii) all Money; 

(xix) all Securities Accounts; 

(xx) all Collateral Accounts and all Collateral Account Funds; 

(xxi) all books, records, ledger cards, files, correspondence, customer lists, blueprints, technical specifications,
manuals, computer software, computer printouts, tapes, disks and other electronic storage media and related data processing software and similar items that at any time pertain to or evidence or contain information relating to any of the Collateral
or are otherwise necessary or helpful in the collection thereof or realization thereupon; and 
 (xxii) to the
extent not otherwise included, all other property, whether tangible or intangible, of such Grantor and all Proceeds, products, accessions, rents and profits of any and all of the foregoing and all collateral security, Supporting Obligations and
guarantees given by any person with respect to any of the foregoing; 
  

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 provided that, notwithstanding any other provision set forth herein, this Agreement (including
without limitation, this Section 3) shall not, at any time, constitute a grant of a security interest in any property that is, at such time, an Excluded Asset, and the term “Collateral” shall not include any Excluded Asset;
provided, further, that if and when an asset shall cease to be an Excluded Asset, such asset shall be deemed at all times from and after the date hereof to constitute Collateral. 

(b) Notwithstanding anything herein to the contrary, (i) each US Grantor shall remain liable for all obligations
under and in respect of the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any other Secured Party, (ii) each US Grantor shall remain liable under each of the agreements
included in the Collateral, including any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and
pursuant to the terms and provisions thereof and applicable law, and neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Agreement or any
other document related hereto; nor shall the Collateral Agent or any other Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or
enforce any rights under any agreement included in the Collateral, including any agreements relating to any Receivables, any Contracts or any agreements relating to Pledged Partnership Interests or Pledged LLC Interests and (iii) the exercise
by the Collateral Agent of any of its rights hereunder shall not release any US Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, including any agreements relating to any Receivables, any
Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, except to the extent such rights are exercised with respect to such contracts and agreements included in Collateral. 

SECTION 4. REPRESENTATIONS AND WARRANTIES 

To induce the Arrangers, the Administrative Agent, the Collateral Agent, the Lenders and any other Secured Parties to enter into the
Credit Agreement and to induce the Lenders and any other Secured Parties to make their respective extensions of credit to the Borrower thereunder, each Grantor hereby represents and warrants to the Secured Parties that, with respect to such Grantor
(subject to Section 4.13): 
 4.01 Representations in Credit Agreement. 

In the case of such Grantor (other than Holdings and the Initial Borrower), the representations and warranties set forth in
Article III of the Credit Agreement as they relate to such Grantor or to the Loan Documents to which such Grantor is a party, each of which is hereby incorporated herein by reference, are true and correct, in all material respects,
except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date, and the Secured Parties
shall be entitled to rely on each of them as if they were fully set forth herein; provided that each reference in each such representation and warranty to the Borrower’s or Holdings’ knowledge shall, for the purposes of this
Section 4.01, be deemed to be a reference to such Grantor’s knowledge. 
  

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 4.02 Title; No Other Liens. 

Such Grantor owns each item of the Collateral free and clear of any and all Liens or claims, including Liens arising as a result of such
Grantor becoming bound (as a result of merger or otherwise) as grantor under a security agreement entered into by another person, except for Liens expressly permitted by Section 6.02 of the Credit Agreement. No Grantor has filed or
consented to the filing of any financing statement, mortgage or other public notice with respect to all or any part of the Collateral, except such as have been filed in favor of the Collateral Agent, for the ratable benefit of the Secured Parties,
pursuant to this Agreement or as are expressly permitted by the Credit Agreement. 
 4.03 Creation and Perfection of First
Priority Liens. 
 (a) This Agreement is effective to create in favor of the Collateral Agent, for the
ratable benefit of the Secured Parties, a legal, valid, binding and enforceable security interest in the Collateral of the Grantors described herein and proceeds thereof, to the extent that a security interest can be created in such property (except
with respect to the creation of security interests under the laws of any non-U.S. jurisdiction). 
 (b) Upon the
filing of financing statements naming each Grantor as “debtor” and the Collateral Agent as “secured party” and describing the Collateral in the filing offices set forth opposite such Grantor’s name on Schedule 4.03
hereof (as such schedule may be amended or supplemented from time to time), the security interest of the Collateral Agent in all Collateral that can be perfected by the filing of a financing statement under the Uniform Commercial Code as in effect
in any jurisdiction or similar document under any similar legislation will constitute valid, perfected, first priority Liens subject in the case of priority only, to any Liens with respect to such Collateral permitted by Section 6.02 of the
Credit Agreement (except with respect to the perfection of security interests under the laws of any non-U.S. jurisdiction). 

(c) To the extent perfection or priority of the security interest therein is not subject to Article 9 of the Uniform
Commercial Code, upon recordation of the security interests granted hereunder in Patents, Trademarks, Copyrights and exclusive Copyright Licenses in the United States Patent and Trademark Office and the United States Copyright Office, the security
interests granted to the Collateral Agent hereunder shall constitute valid, perfected, first priority Liens, subject, in the case of priority only, to any Liens with respect to such Collateral permitted by Section 6.02 of the Credit
Agreement (except with respect to the perfection of security interests under the laws of any non-U.S. jurisdiction). 
 4.04
Name; Jurisdiction of Organization, Etc. 
 On the date such Grantor becomes a party to this Agreement, such
Grantor’s exact legal name (as indicated on the public record of such Grantor’s jurisdiction of formation or organization), jurisdiction of organization, organizational identification number, if any, and the

  

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location of such Grantor’s chief executive office or sole place of business are specified on Schedule 4.04. On the date such Grantor becomes a party to this Agreement, each US Grantor
is organized solely under the law of the jurisdiction so specified and has not filed any certificates of domestication, transfer or continuance in any other jurisdiction. Except as specified on Schedule 4.04, as of the date such Grantor
becomes a party to this Agreement, no such US Grantor has changed its name, jurisdiction of organization, chief executive office or sole place of business or its corporate structure in any way (e.g., by merger, consolidation, change in corporate
form or otherwise) within the past five years and has not within the last five years become bound (whether as a result of merger or otherwise) as a grantor under a security agreement entered into by another person, which has not heretofore been
terminated. 
 4.05 Inventory and Equipment. 

(a) On the date such US Grantor becomes a party to this Agreement, the Inventory and the Equipment (other than mobile
goods) of such US Grantor that is included in the Collateral are kept at the locations listed on Schedule 4.05. 

(b) Except as set forth on Schedule 4.05, as of the date such US Grantor becomes a party to this Agreement, none of
the Inventory or Equipment that is included in the Collateral of a US Grantor is in the possession of an issuer of a negotiable document (as defined in Section 7-104 of the New York UCC) therefor or is otherwise in the possession of any bailee
or warehouseman. 
 4.06 Farm Products. 

None of the Collateral constitutes, or is the Proceeds of, Farm Products. 

4.07 Investment Property. 

(a) Schedule 4.07(a) hereto (as such schedule may be amended or supplemented from time to time) sets forth under
the headings “Pledged Stock,” “Pledged LLC Interests,” “Pledged Partnership Interests” and “Pledged Trust Interests,” respectively, all of the Pledged Stock, Pledged LLC Interests, Pledged Partnership
Interests and Pledged Trust Interests owned by any US Grantor in its subsidiaries as of the date such US Grantor becomes a party to this Agreement, and such Pledged Equity Interests constitute the percentage of issued and outstanding shares of
stock, percentage of membership interests, percentage of partnership interests or percentage of beneficial interest of the respective issuers thereof indicated on such schedule. Schedule 4.07(b) (as such schedule may be amended or
supplemented from time to time) sets forth under the heading “Pledged Debt Securities” or “Pledged Notes” all of the Pledged Debt Securities and Pledged Notes owned by any US Grantor as of the date such US Grantor becomes a party
to this Agreement having a value in excess of $200,000. Schedule 4.07(c) hereto (as such schedule may be amended from time to time) sets forth under the headings “Securities Accounts,” “Commodities Accounts,” and
“Deposit Accounts” respectively, all of the Securities Accounts, Commodities Accounts and Deposit Accounts having an individual value in excess of $100,000 in which each US Grantor has an interest as of the date such Grantor becomes a
party to this Agreement. The applicable US Grantor listed on Schedule 4.07(c) hereto is as of the date such US Grantor becomes a party to this 

 

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Agreement the sole entitlement holder or customer of each such account, and no US Grantor is otherwise aware of any person having “control” (within the meanings of Sections 8-106, 9-106
and 9-104 of the New York UCC) over, or any other interest in, any such Securities Account, Commodity Account or Deposit Account, in each case in which such US Grantor has an interest, or any securities, commodities or other property credited
thereto. Schedule 4.07(a) hereto sets forth under the heading “Pledged Borrower Stock” all of the Equity Interests owned by Parent in US Borrower and the shares of such Pledged Borrower Stock pledged hereunder constitute 100% of the
issued and outstanding shares of stock of US Borrower as of the date such US Grantor becomes a party to this Agreement. 

(b) The shares of Pledged Equity Interests pledged by such US Grantor hereunder constitute all of the issued and
outstanding shares of all classes of Equity Interests in each Issuer (other than Excluded Subsidiaries) owned by such US Grantor. 

(c) All the shares of the Pledged Equity Interests owned by such US Grantor and listed on Schedule 4.07 hereto have
been duly and validly issued and are fully paid and nonassessable. All the shares of the Pledged Borrower Stock owned by Parent and listed on Schedule 4.07 hereto have been duly and validly issued and are fully paid and nonassessable.

 (d) The terms of any uncertificated Pledged LLC Interests and Pledged Partnership Interests owned by a US
Grantor with respect to any Person organized within the United States expressly provide that they are securities governed by Article 8 of the Uniform Commercial Code in effect from time to time in the “issuer’s jurisdiction” of each
Issuer thereof (as such term is defined in the Uniform Commercial Code in effect in such jurisdiction). The terms of any certificated Pledged LLC Interests and Pledged Partnership Interests owned by a US Grantor with respect to any person organized
within the United States expressly provide that they are securities governed by Article 8 of the New York UCC. 

(e) On the date such US Grantor becomes a party to this Agreement, such US Grantor is the record and beneficial owner of,
and has good and defeasible title to, the Investment Property and Deposit Accounts pledged by it hereunder, free of any and all Liens or options in favor of any other person, except Liens expressly permitted by Section 6.02 of the Credit
Agreement, and there are no outstanding warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that requires the issuance or sale of,
any Pledged Equity Interests. Parent is the record and beneficial owner of, and has good and defeasible title to, the Pledged Borrower Stock pledged by it hereunder, free of any and all Liens or options in favor of any other person, except Liens
expressly permitted by Section 6.02 of the Credit Agreement, and there are no outstanding warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is
convertible into, or that requires the issuance or sale of, any Pledged Borrower Stock. 
  

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 4.08 Receivables. 

No amount payable to such US Grantor in excess of $200,000 under or in connection with any Receivable that is included in the Collateral
of a US Grantor is evidenced by any Instrument or Tangible Chattel Paper which has not been delivered to the Collateral Agent or constitutes Electronic Chattel Paper that has not been subjected to the control (within the meaning of
Section 9-105 of the New York UCC) of the Collateral Agent. 
 4.09 Intellectual Property. 

(a) Schedule 4.09(a) includes all material Intellectual Property owned by a Grantor which is, as of the date such
Grantor becomes a party to this Agreement, registered with the United States Patent and Trademark Office or the United States Copyright Office, as applicable, or is the subject of an application for registration and all material unregistered
Intellectual Property, in each case which is owned by such Grantor on the date on which such Grantor becomes a party to this Agreement (collectively, the “Owned Intellectual Property”). Except as set forth in Schedule
4.09(a), to such Grantor’s knowledge, such Grantor is the sole and exclusive owner of the entire right, title and interest in and to all such Owned Intellectual Property and is otherwise entitled to use, and grant to others the right to
use, all such Owned Intellectual Property subject only to the license terms of the licensing or franchise agreements referred to in paragraph (c) below. Each Grantor has a valid and enforceable right to use all material Intellectual
Property that it uses in its business, but does not own (collectively, the “Licensed Intellectual Property”). 

(b) On the date on which such Grantor becomes a party to this Agreement, to such Grantor’s knowledge, no Owned
Intellectual Property or Licensed Intellectual Property, in each case, which is material to the conduct of such Grantor’s business (collectively, the “Material Intellectual Property”) has been abandoned. To such
Grantor’s knowledge, all Material Intellectual Property is valid and enforceable. To such Grantor’s knowledge, neither the operation of such Grantor’s business as currently conducted or as contemplated to be conducted nor the use of
the Material Intellectual Property in connection therewith infringes, misappropriates, dilutes, misuses or otherwise violates the Intellectual Property rights of any other person where such infringement, misappropriation, dilution, misuse or
violation could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

(c) Except as set forth in Schedule 4.09(c), as of the date on which such Grantor becomes a party to this
Agreement, (i) none of the Material Intellectual Property of such Grantor is the subject of any licensing or franchise agreement pursuant to which such Grantor is the licensor or franchisor which is outside such Grantor’s ordinary course
of business and (ii) there are no other agreements, obligations, orders or judgments, covenants not to sue, non-assertion assurances or releases to which any Grantor is a party which materially and adversely affect the validity or
enforceability or such Grantor’s use of any Material Intellectual Property (it being understood that each Grantor’s rights to use any Licensed Intellectual Property are governed by the terms of the related license agreement). As of the
date on which such Grantor becomes a party to this Agreement, to such Grantor’s knowledge, (i) the rights of each such Grantor in or to the Material 

 

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Intellectual Property do not conflict with or infringe upon the rights of any third party, and (ii) no claim has been asserted in writing that the use of such Intellectual Property does or
may infringe upon the rights of any third party, in each instance, where such conflict or infringement could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

(d) Except as set forth in Schedule 4.09(c), as of the date on which such Grantor becomes a party to this
Agreement, to such Grantor’s knowledge, no holding, decision or judgment has been rendered by any Governmental Authority or arbitrator in the United States or outside the United States which would limit or cancel the validity or enforceability
of, or such Grantor’s rights in, any Material Intellectual Property where such limitation or cancellation could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

(e) Except as set forth in Schedule 4.09(c) or as could not have, individually or in the aggregate, a Material
Adverse Effect, no action or proceeding is pending, or, to such Grantor’s knowledge, threatened in writing against any Grantor, on the date such Grantor becomes a party to this Agreement (i) seeking to limit or cancel or question the
validity of any Owned Intellectual Property, (ii) alleging that any services provided by, processes used by, or products manufactured or sold by such Grantor infringe in any material respect any Intellectual Property rights, or any other right
of any other person, (iii) alleging that any Owned Intellectual Property or, to such Grantor’s knowledge, any Material Intellectual Property is being licensed, sublicensed or used in violation of any Intellectual Property right or any
other right of any other person, or (iv) which, if adversely determined, would have, individually or in the aggregate, a Material Adverse Effect on the value of any Material Intellectual Property. The consummation of the transactions
contemplated by this Agreement, and the other Loan Documents (including the enforcement of remedies in accordance with the terms hereof and thereof) will not result in the termination or impairment of the right to use any of the Material
Intellectual Property. 
 (f) As of the date such Grantor becomes a party to this Agreement, with respect to each
Copyright License, Trademark License, Trade Secret License and Patent License pertaining to Material Intellectual Property, the loss of which would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect:
(i) such license is a valid and binding obligation of the applicable Grantor and, to such Grantor’s knowledge, the other parties thereto, and is in full force and effect; (ii) such license will not cease to be valid and binding and in
full force and effect, nor will the grant of such rights and interests herein constitute a breach or default under such license or otherwise give the licensor or licensee a right to terminate such license; (iii) no Grantor has received any
notice of termination or cancellation under such license; (iv) no Grantor has received any notice of a breach or default under such license, which breach or default has not been cured; (v) no Grantor is in breach or default in any material
respect; and (vi) except in the ordinary course of its business, no Grantor has granted to any other person any rights, adverse or otherwise, under such license. 

 

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 (g) Except as set forth in Schedule 4.09(a), each Grantor has made
all filings and recordations necessary to evidence its ownership interest in its Material Intellectual Property which is the subject of a registration or application (excluding all intent-to-use applications), including recordation of its interests
in the Patents and Trademarks with the United States Patent and Trademark Office, and recordation of any of its interests in the Copyrights with the United States Copyright Office. 

(h) No Grantor is subject to any settlement or consents, judgment, injunction, order, decree, covenants not to sue,
non-assertion assurances or releases that would impair the validity or enforceability of, or such Grantor’s rights in, any Material Intellectual Property. 

4.10 Letters of Credit and Letter of Credit Rights. 

On the date such US Grantor becomes a party to this Agreement, no US Grantor is a beneficiary or assignee under any Letter of Credit in
excess of $500,000 other than the Letters of Credit described on Schedule 4.10 (as such schedule may be amended or supplemented from time to time). With respect to any such Letters of Credit that are by their terms transferable, each US
Grantor has requested (or, in the case of the Letters of Credit that are specified on Schedule 4.10 on the date such US Grantor becomes a party to this Agreement, will use commercially reasonable efforts to cause) all issuers and nominated
persons under Letters of Credit in which such US Grantor is the beneficiary or assignee to consent to the assignment of such Letter of Credit to the Collateral Agent and has agreed that, upon the occurrence of an Event of Default, it shall cause all
payments thereunder to be made to the Collateral Account. With respect to any such Letters of Credit that are not transferable, each US Grantor shall obtain (or, in the case of the Letters of Credit that are specified on Schedule 4.10 on the
date such US Grantor becomes a party to this Agreement, use commercially reasonable efforts to obtain), upon request of the Collateral Agent, the consent of the issuer thereof and any nominated person thereon to the assignment of the proceeds of the
released Letter of Credit to the Collateral Agent in accordance with Section 5-114(c) of the New York UCC. 
 4.11
Commercial Tort Claims. 
 On the date such US Grantor becomes a party to this Agreement, no US Grantor has any Commercial
Tort Claims individually or in the aggregate in excess of $1,000,000, except as specifically described on Schedule 4.11 (as such schedule may be amended or supplemented from time to time). 

4.12 Contracts. 

(a) As of the date such US Grantor becomes a party to this Agreement, Schedule 4.12(a) sets forth all of the
Material Contracts in which such US Grantor has any right or interest. Except as set forth on Schedule 4.12(a), on the date such US Grantor becomes a party to this Agreement, no such Material Contract prohibits assignment or encumbrance by
such Grantor or requires or purports to require consent of, or notice to, any party (other than such Grantor) to any such Material Contract in connection with the execution, delivery and performance of this Agreement, including the exercise of
remedies by the Administrative Agent or the Collateral Agent with respect to such Material Contract, except for such consents that have been obtained and such notices that have been given. 

 

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 (b) Each Material Contract is in full force and effect and constitutes a
valid and legally enforceable obligation of the Grantor party thereto and (to the best of such Grantor’s knowledge) each other party thereto, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium
and other similar laws relating to or affecting creditors’ rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and proportionate dealing. 

(c) Each US Grantor represents and warrants that Schedule 4.12(c) hereto contains a full and complete list as of
the date such US Grantor becomes a party to this Agreement of all Material Contracts on which the obligor is a Governmental Authority (each of the foregoing a “Government Contract”). With respect to each Government Contract subject
to the Federal Assignment of Claims Act, 31 U.S.C. 3727 or the Federal Assignment of Contracts Act, 41 U.S.C. 15, each Grantor covenants and agrees that it shall use commercially reasonable efforts to (i) comply with the requirements of such
act relating to the validity of the security interest of the Collateral Agent in such Government Contracts including, without limitation, the giving of notice to the Governmental Authority of the security interest of the Collateral Agent therein and
the filing of an original of and true copies of this Agreement with the appropriate governmental offices and any sureties as required by applicable law and regulations and, where required, obtaining consent of the Governmental Authority to the
assignment to the Collateral Agent hereunder and (ii) comply with any applicable state or foreign statutes of similar import. With respect to any other Government Contract that by its terms requires the consent of the Governmental Authority to
the assignment to or granting of a security interest therein to the Collateral Agent, each Grantor covenants and agrees that it shall also use commercially reasonable efforts to obtain such consent. 

4.13 Timing of Representations and Warranties. 

Notwithstanding anything to the contrary in this Section 4, the representations and warranties made by each Grantor pursuant
to this Section 4 shall be deemed to be made on the date such Grantor becomes a party to this Agreement; provided that, during the Clean-up Period, each Grantor shall be entitled to amend or supplement any schedule to this
Agreement in order to make the representations and warranties contained herein true and correct in all material respects. If a matter or circumstance exists which would constitute a breach of the representations and warranties or a breach of the
covenants contained in this Agreement or any other Loan Document or a potential or actual Default, such matter or circumstance will not constitute a Default if such matter or circumstance arises solely from the failure of any Grantor to provide any
information, or the inaccuracy of any information contained in any schedule to this Agreement, in each case prior to the end of the Clean-up Period. 
  

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 SECTION 5. COVENANTS 

Each Grantor covenants and agrees with the Secured Parties that, from and after the date of this Agreement until Payment in Full of the
Obligations: 
 5.01 Delivery and Control of Instruments, Chattel Paper, Negotiable Documents, Investment Property and
Deposit Accounts. 
 (a) If any of the Collateral of a US Grantor is or shall become evidenced or represented
by any Instrument, Certificated Security, Negotiable Document or Tangible Chattel Paper, then such Instrument (other than checks received in the ordinary course of business), Certificated Security, Negotiable Documents or Tangible Chattel Paper
having a value in excess of $500,000 shall promptly thereafter be delivered to the Collateral Agent, duly endorsed in a manner reasonably satisfactory to the Collateral Agent, to be held as Collateral pursuant to this Agreement. 

(b) If any of the Collateral of a US Grantor is or shall become “Electronic Chattel Paper,” such US Grantor
shall ensure that (i) a single authoritative copy exists which is unique, identifiable, and unalterable (except as provided in clauses (iii), (iv) and (v) of this paragraph), (ii) if such Electronic Chattel
Paper has a value in excess of $500,000, upon the request of the Collateral Agent, such authoritative copy will identify the Collateral Agent as the assignee and is communicated to and maintained by the Collateral Agent or its designee,
(iii) copies or revisions that add or change the assignee of the authoritative copy can only be made with the participation of the Collateral Agent, (iv) each copy of the authoritative copy and any copy of a copy is readily identifiable as
a copy and not the authoritative copy and (v) any revision of the authoritative copy is readily identifiable as an authorized or unauthorized revision. 

(c) If any Collateral of a US Grantor is or shall become evidenced or represented by an Uncertificated Security, such US
Grantor shall, if such Uncertificated Security has a value in excess of $1,000,000, cause the Issuer thereof either (i) to register the Collateral Agent as the registered owner of such Uncertificated Security, upon original issue or
registration of transfer or (ii) to agree in writing with such US Grantor and the Collateral Agent that such Issuer will comply with instructions with respect to such Uncertificated Security originated by the Collateral Agent without further
consent of such US Grantor, which agreement shall be in form and substance reasonably acceptable to the Collateral Agent. 

(d) Each US Grantor shall maintain Securities Entitlements, Securities Accounts and Deposit Accounts at any time having an
aggregate average daily balance in excess of $1,000,000 over the immediately preceding 12 month period for all US Grantors only with financial institutions that have, to the extent required by the Collateral Agent, agreed to comply with entitlement
orders and instructions issued or originated by the Collateral Agent without further consent of such US Grantor, which agreement shall be in form and substance reasonably acceptable to the Collateral Agent. Each non-US Grantor maintaining such
Securities Entitlements, Securities Accounts and Deposit Accounts in excess of such values within the United States shall only maintain them with financial institutions that have, to the extent required by the Collateral Agent, agreed to comply with
entitlement orders and instructions issued or originated by the Collateral Agent without further consent of such non-US Grantor, which agreement shall be in form and substance reasonably acceptable to the Collateral Agent. 

 

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 (e) If any of the Collateral of a US Grantor is or shall become evidenced or
represented by a Commodity Contract, such US Grantor shall, if such Commodity Contract has a value in excess of $1,000,000, cause the Commodity Intermediary with respect to such Commodity Contract to agree in writing with such US Grantor and the
Collateral Agent that such Commodity Intermediary will apply any value distributed on account of such Commodity Contract as directed by the Collateral Agent without further consent of such US Grantor, such agreement shall be in a form reasonably
acceptable to the Collateral Agent. 
 (f) In addition to and not in lieu of the foregoing, if any Issuer of any
Investment Property is organized under the law of, or has its chief executive office in, a jurisdiction outside of the United States, each US Grantor shall, if such Investment Property constitutes Collateral having a value in excess of $1,000,000,
take such additional actions, including using reasonable efforts to cause the issuer to register the pledge on its books and records, as may be necessary or advisable or as may be reasonably requested by the Collateral Agent, under the laws of such
jurisdiction to insure the validity, perfection and priority of the security interest of the Collateral Agent. 

(g) In the case of any transferable Letters of Credit Rights in excess of $1,000,000 individually, each US
Grantor shall use commercially reasonable efforts to obtain, upon request, the consent of any issuer thereof to the transfer of such Letter of Credit Rights to the Collateral Agent. In the case of any other Letter of Credit Rights in excess of
$1,000,000 individually, the applicable US Grantor shall use commercially reasonable efforts to obtain, upon request, the consent of the issuer thereof and any nominated person thereon to the assignment of the proceeds of the related Letter of
Credit in accordance with Section 5-114(c) of the New York UCC. 
 5.02 Maintenance of Insurance. 

(a) Such US Grantor will maintain, with financially sound and reputable insurance companies, insurance on all its property
(including all Inventory, Equipment and Vehicles) in at least such amounts and against at least such risks as are usually insured against by companies engaged in the same or a similar business and furnish to the Collateral Agent, upon its reasonable
written request, full information as to the insurance carried; provided that in any event such US Grantor will maintain, to the extent obtainable on commercially reasonable terms, (i) property and casualty insurance on all real and
personal property on an all risks basis (including the perils of flood and quake and loss by fire, explosion and theft), covering the repair or replacement cost of all such property and consequential loss coverage for business interruption and extra
expense (which shall include construction expenses and such other business interruption expenses as are otherwise generally available to similar businesses), and (ii) public liability insurance. All such insurance with respect to such Grantor
shall be provided by insurers or reinsurers which (x) in the case of United States insurers and reinsurers, have an A.M. Best policyholders rating of not less than A- with respect to primary insurance and B+ with respect to excess insurance and
(y) in the case of non-United States insurers or reinsurers, the providers of at least 80% of such insurance have either an ISI policyholders rating of not less than A, an A.M. Best policyholders rating of not less than A- or a surplus of not
less than $500,000,000 with respect to primary insurance, and an 
  

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ISI policyholders rating of not less than BBB with respect to excess insurance, or, if the relevant insurance is not available from such insurers, such other insurers as the Collateral Agent may
approve in writing. Each such policy of insurance shall provide that the insurer affording coverage (with respect to property and liability insurance) will endeavor to provide at least thirty days’ prior written notice to Collateral Agent of
any cancellation, material reduction in amount or material change in coverage thereof. 
 (b) Such US Grantor
will deliver to the Collateral Agent on behalf of the Secured Parties, (i) on the date such US Grantor becomes a party to this Agreement or promptly thereafter, a certificate dated on or about such date showing the amount and types of insurance
coverage as of such date, (ii) promptly following receipt of notice from any insurer, a copy of any notice of cancellation or material change in coverage from that existing on the date such US Grantor becomes a party to this Agreement,
(iii) forthwith, notice of any cancellation or nonrenewal of coverage by such Grantor and (iv) promptly after such information is available to such US Grantor, full information as to any claim for an amount in excess of $500,000 with
respect to any property and casualty insurance policy maintained by such Grantor. Each Secured Party shall be named as additional insured on all such liability insurance policies of such Grantor and the Collateral Agent shall be named as loss payee
on all property and casualty insurance policies of such Grantor. 
 (c) Upon the reasonable request of the
Collateral Agent, the Borrower shall deliver to the Secured Parties a report of a reputable insurance broker with respect to such insurance and such supplemental reports with respect thereto as the Collateral Agent may from time to time reasonably
request. 
 5.03 Maintenance of Perfected Security Interest; Further Documentation. 

(a) Such US Grantor shall maintain each of the security interests created by this Agreement as a perfected security
interest, consistent with the provisions of this Agreement, having at least the priority described in Section 4.03 and shall use commercially reasonable efforts to defend such security interest against the claims and demands of all
persons whomsoever, subject to the provisions of Section 8.15. 
 (b) Such US Grantor shall furnish
to the Secured Parties from time to time statements and schedules further identifying and describing the Collateral and such other reports in connection with the assets and property of such US Grantor as the Collateral Agent may reasonably request,
all in reasonable detail. 
 (c) At any time and from time to time, upon the written request of the Collateral
Agent, and at the sole expense of such US Grantor, such US Grantor shall promptly and duly authorize, execute and deliver, and have recorded, such further instruments and documents and take such further actions as the Collateral Agent may reasonably
request for the purpose of obtaining or preserving the full benefits of this Agreement and the other Security Documents and of the rights and powers herein and therein granted, including, the filing of any financing or continuation statements under
the Uniform Commercial Code (or other similar laws) in effect in any jurisdiction with respect to the security interests created hereby and in the case of Investment Property, 

 

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Deposit Accounts and any other relevant Collateral, taking any actions necessary to enable the Collateral Agent to obtain “control” (within the meaning of the applicable Uniform
Commercial Code) with respect thereto, including without limitation, executing and delivering and using commercially reasonable efforts to cause the relevant depositary bank or securities intermediary to execute and deliver a control agreement in
form and substance reasonably acceptable to the Collateral Agent. 
 5.04 Changes in Locations, Name, Jurisdiction of
Incorporation, Etc. 
 From and after the Collateral Completion Date, such US Grantor shall not, except upon 15 Business
Days’ prior written notice (or such shorter period as the Collateral Agent may agree) to the Collateral Agent and delivery to the Collateral Agent of duly authorized and, where required, executed copies of all additional financing statements
and other documents reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of the security interests provided for herein: 

(i) change its legal name or jurisdiction of organization from that referred to in Section 4.04; 

(ii) change its identity or structure to such an extent that any financing statement filed by the Collateral Agent in
connection with this Agreement would become misleading; or 
 (iii) change the address of its chief executive
office to such an extent that any financing statement filed by the Collateral Agent in connection with this Agreement would become incorrect. 

5.05 Notices. 

Promptly after gaining knowledge thereof, such US Grantor shall advise the Collateral Agent, in reasonable detail, of: 

(a) any Lien (other than any Lien expressly permitted by Section 6.02 of the Credit Agreement) on any of the
Collateral; and 
 (b) of the occurrence of any other event which could reasonably be expected to have a Material
Adverse Effect. 
 5.06 Investment Property. 

(a) If such US Grantor shall become entitled to receive or shall receive any stock or other ownership certificate
(including any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of the
Equity Interests in any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of or other ownership interests in the Pledged Securities, or otherwise in respect thereof, such US Grantor shall, to the
extent such items would constitute Collateral, accept the same as the agent of the Secured 
  

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Parties, hold the same in trust for the Secured Parties and, if the value exceeds $200,000, deliver the same forthwith to the Collateral Agent in the exact form received, duly endorsed by such US
Grantor to the Collateral Agent, if required, together with an undated stock power or similar instrument of transfer covering such certificate duly executed in blank by such US Grantor, to be held by the Collateral Agent, subject to the terms
hereof, as additional collateral security for the Obligations. While an Event of Default is continuing, any sums paid upon or in respect of the Pledged Securities upon the liquidation or dissolution of any Issuer of Pledged Securities shall be paid
over to the Collateral Agent to be held by it hereunder as additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Securities or any property shall be distributed upon
or with respect to the Pledged Securities pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected
security interest in favor of the Collateral Agent, be delivered to the Collateral Agent to be held by it hereunder as additional collateral security for the Obligations. While an Event of Default is continuing, unless otherwise permitted by the
Credit Agreement, if any sums of money or property so paid or distributed in respect of the Pledged Securities shall be received by such US Grantor, such US Grantor shall, until such money or property is paid or delivered to the Collateral Agent,
hold such money or property in trust for the Secured Parties, segregated from other funds of such US Grantor, as additional collateral security for the Obligations. If Parent shall become entitled to receive or shall receive any stock or other
ownership certificate (including any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or
rights in respect of the Equity Interests in the Borrower, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of or other ownership interests in the Pledged Borrower Stock, or otherwise in respect thereof,
Parent shall accept the same as the agent of the Secured Parties, hold the same in trust for the Secured Parties and deliver the same forthwith to the Collateral Agent in the exact form received, duly endorsed by Parent to the Collateral Agent, if
required, together with an undated stock power or similar instrument of transfer covering such certificate duly executed in blank by Parent, to be held by the Collateral Agent, subject to the terms hereof, as additional collateral security for the
Obligations. While an Event of Default is continuing, any sums paid upon or in respect of the Pledged Borrower Stock upon the liquidation or dissolution of the Borrower shall be paid over to the Collateral Agent to be held by it hereunder as
additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Borrower Stock or any property shall be distributed upon or with respect to the Pledged Borrower Stock pursuant
to the recapitalization or reclassification of the capital of the Borrower or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected security interest in favor of the Collateral Agent, be
delivered to the Collateral Agent to be held by it hereunder as additional collateral security for the Obligations. While an Event of Default is continuing, unless otherwise permitted by the Credit Agreement, if any sums of money or property so paid
or distributed in respect of the Pledged Securities shall be received by Parent, Parent shall, until such money or property is paid or delivered to the Collateral Agent, hold such money or property in trust for the Secured Parties, segregated from
other funds of Parent, as additional collateral security for the Obligations. 
  

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 (b) Without the prior written consent of the Collateral Agent, such US
Grantor shall not cause or permit any Issuer of any Pledged Partnership Interests or Pledged LLC Interests which are not securities (for purposes of the New York UCC) on the date hereof to elect or otherwise take any action to cause such Pledged
Partnership Interests or Pledged LLC Interests to be treated as securities for purposes of the New York UCC; provided, however, notwithstanding the foregoing, if any issuer of any Pledged Partnership Interests or Pledged LLC Interests
takes any such action in violation of the provisions in this clause (v), such US Grantor shall promptly notify the Collateral Agent in writing of any such election or action and, in such event, shall take all steps necessary or advisable
to establish the Collateral Agent’s “control” thereof. 
 (c) In the case of Borrower and in the
case of each US Grantor which is an Issuer, the Borrower and such Issuer agrees that (i) it shall be bound by the terms of this Agreement relating to the Pledged Borrower Stock and the Pledged Securities constituting Collateral issued by it and
shall comply with such terms insofar as such terms are applicable to it, (ii) it shall notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Section 5.06(a) with respect to the Pledged
Borrower Stock and the Pledged Securities constituting Collateral issued by it and (iii) the terms of Sections 6.03(c) and 6.07 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it
pursuant to Section 6.03(c) or 6.07 with respect to the Pledged Borrower Stock or Pledged Securities constituting Collateral issued by it. In addition, the Borrower and each US Grantor which is either an Issuer or an owner of any
Pledged Security hereby consents to the grant by Parent and each other US Grantor of the security interest hereunder in favor of the Collateral Agent and to the transfer of any Pledged Borrower Stock or Pledged Security to the Collateral Agent or
its nominee following an Event of Default and to the substitution of the Collateral Agent or its nominee as a partner, member or shareholder of the Issuer of the related Pledged Borrower Stock or Pledged Security. 

5.07 Receivables. 

(a) Other than in the ordinary course of business, such US Grantor shall not (i) grant any extension of the time of
payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any person liable for the payment of any Receivable, (iv) allow any credit or discount
whatsoever on any Receivable or (v) amend, supplement or modify any material Receivable in any manner that could reasonably be expected to materially and adversely affect the value thereof. 

(b) Such US Grantor shall deliver to the Collateral Agent a copy of each material demand, notice or document received by
it that reasonably questions or calls into doubt the validity or enforceability of more than 10% of the aggregate amount of the then outstanding Receivables that are included in the Collateral. 

 

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 5.08 Intellectual Property. 

(a) Except for sales, dispositions, or other transfers permitted under the Credit Agreement, or except to the extent it
determines it is reasonably prudent to do so, such Grantor (either itself or through licensees) shall (i) continue to use each Trademark that constitutes Material Intellectual Property on each and every trademark class of goods applicable to
its current line as reflected in its current catalogs, brochures and price lists in order to maintain such Trademark in full force free from any claim of abandonment for non-use, (ii) maintain as in the past the quality of products and services
offered under such Trademark and take all reasonable steps to ensure that all its licensed users of such Trademark maintain such quality, and (iii) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do
any act whereby such Trademark may reasonably be expected to become invalidated or impaired in any material way. 

(b) Except to the extent it determines it is reasonably prudent to do so, such Grantor (either itself or through
licensees) shall not knowingly do any act, or omit to do any act, whereby any Patent owned by such Grantor that constitutes Material Intellectual Property may become forfeited, abandoned or dedicated to the public. 

(c) Except to the extent it determines it is reasonably prudent to do so, such Grantor shall not (and shall not permit any
licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any Copyrights that constitute Material Intellectual Property may reasonably be expected to become invalidated and shall not (either itself or through licensees)
do any act whereby any Copyrights that constitute Material Intellectual Property may reasonably be expected to fall into the public domain. 

(d) Except to the extent it determines it is reasonably prudent to do so, such Grantor shall not do any act that
infringes, misappropriates or violates the Intellectual Property rights of any other person in any material respect. 

(e) Such Grantor shall, and shall take reasonable steps to require its licensees to, use Material Intellectual Property
with proper statutory notice of registration and all other notices and legends required by applicable Requirements of Law, consistent with historic practices. 

(f) Such Grantor shall notify the Collateral Agent promptly if it knows that any application or registration relating to
any Material Intellectual Property becomes forfeited, abandoned or dedicated to the public, or of any adverse determination or development in any proceeding (including the institution of, or any such determination or development in, any proceeding
in the United States Patent and Trademark Office, the United States Copyright Office or any court or tribunal in any country) regarding such Grantor’s ownership of, or the validity of, any Material Intellectual Property or such Grantor’s
right to register the same. 
 (g) Whenever such Grantor, either by itself or through any agent, employee,
licensee or designee, shall file an application for the registration of any Intellectual Property that is material to the business of such Grantor with the United States Copyright Office or the United States Patent and Trademark Office or any
similar office or agency 
  

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in any other country or any political subdivision thereof, such Grantor shall report such filing to the Collateral Agent at the time of delivery of the next set of financial statements owing
pursuant to Section 5.04 of the Credit Agreement. Upon request of the Collateral Agent, such Grantor shall execute and deliver, and have recorded, any and all agreements, instruments, documents and papers as the Collateral Agent may
request to evidence the Secured Parties’ security interest in any Copyright, Patent, Trademark or other Intellectual Property of such Grantor and the goodwill and general intangibles of such Grantor relating thereto or represented thereby.

 (h) Except for sales, dispositions, or other transfers permitted under the Credit Agreement, or except to the
extent it determines it is reasonably prudent to do so, such Grantor shall take all reasonable and necessary steps, including in any proceeding before the United States Patent and Trademark Office or the United States Copyright Office or any similar
office or agency in any other country or any political subdivision thereof, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of Material Intellectual Property, including the payment
of required fees and taxes, the filing of responses to office actions issued by the United States Patent and Trademark Office and the United States Copyright Office, the filing of applications for renewal or extension, the filing of affidavits of
use and affidavits of incontestability, the filing of divisional, continuation, continuation-in-part, reissue, and renewal applications or extensions, the payment of maintenance fees, and, where commercially reasonable, the participation in
interference, reexamination, opposition, cancellation, infringement and misappropriation proceedings 
 (i) To
the extent commercially reasonable, in the event that any Material Intellectual Property is infringed, misappropriated or diluted by a third party in any material respect, such Grantor shall take such actions as such Grantor shall reasonably deem
appropriate under the circumstances to protect such Intellectual Property and attempt to recover damages for such infringement, misappropriation or dilution. 

(j) Such US Grantor agrees that, should it obtain an ownership interest in any item of material Intellectual Property
which is not, as of the date such US Grantor becomes a party to this Agreement, a part of the Intellectual Property Collateral (the “After-Acquired Intellectual Property”), any such After-Acquired Intellectual Property, and
in the case of Trademarks, the goodwill of the business connected therewith or symbolized thereby, shall automatically become part of the Intellectual Property Collateral except to the extent it constitutes Excluded Assets. 

(k) Such US Grantor agrees to execute on the date such US Grantor becomes a party to this Agreement, a Trademark Security
Agreement, in substantially the form of Exhibit A, and a Copyright Security Agreement, in substantially the form of Exhibit B, and a Patent Security Agreement, in substantially the form of Exhibit C in order to record the
security interest granted herein to the Collateral Agent for the ratable benefit of the Secured Parties with the United States Patent and Trademark Office, the United States Copyright Office, and any other applicable Governmental Authority.

  

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 5.09 Contracts. 

(a) Such US Grantor shall perform and comply in all material respects with all its obligations under the Contracts except
to that extent that failure to so perform or comply with such obligations could not reasonably be expected to have a Material Adverse Effect. 

(b) Such Grantor shall not amend, modify, terminate, waive or fail to enforce any provision of any Contract in any manner
which could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 (c)
Such Grantor shall not permit to become effective in any document creating, governing or providing for any permit, lease, license or Material Contract, a provision that would prohibit the creation or perfection of, or exercise of remedies in
connection with, a Lien on such permit, lease, license or Material Contract in favor of the of the Collateral Agent for the ratable benefit of the Secured Parties unless such Grantor believes, in its reasonable judgment, that such prohibition is
usual and customary in transactions of such type. 
 5.10 Commercial Tort Claims. 

Such US Grantor shall advise the Collateral Agent promptly of any Commercial Tort Claim held by such US Grantor individually or in the
aggregate in excess of $1,000,000 and shall promptly execute, upon request, a supplement to this Agreement in form and substance reasonably satisfactory to the Collateral Agent to grant a security interest in such Commercial Tort Claim to the
Collateral Agent for the ratable benefit of the Secured Parties. 
 SECTION 6. REMEDIAL PROVISIONS 

6.01 Certain Matters Relating to Receivables. 

(a) If required by the Collateral Agent at any time after the occurrence and during the continuance of an Event of
Default, any payments of Receivables, when collected by any US Grantor, (i) shall be forthwith (and, in any event, within two Business Days) deposited by such US Grantor in the exact form received, duly endorsed by such US Grantor to the
Collateral Agent if required, in a Collateral Account maintained under the sole dominion and control of the Collateral Agent, subject to withdrawal by the Collateral Agent for the account of the Secured Parties only as provided in
Section 6.05, and (ii) until so turned over, shall be held by such US Grantor in trust for the Secured Parties, segregated from other funds of such US Grantor. 

(b) If an Event of Default has occurred and is continuing, at the Collateral Agent’s request, each US Grantor shall
deliver to the Collateral Agent all original and other documents evidencing, and relating to, the agreements and transactions which gave rise to the Receivables that are included in the Collateral, including all original orders, invoices and
shipping receipts. 
  

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 6.02 Communications with Obligors; US Grantors Remain Liable. 

(a) The Collateral Agent in its own name or in the name of others may at any time after the occurrence and during the
continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Collateral Agent’s reasonable satisfaction the existence, amount and terms of any such Receivables or
Contracts. 
 (b) The Collateral Agent may, at any time during the continuance of an Event of Default, notify, or
require any US Grantor to so notify, the Account Debtor or counterparty on any Receivable or Contract of the security interest of the Collateral Agent therein. In addition, after the occurrence and during the continuance of an Event of Default, the
Collateral Agent may upon written notice to the applicable US Grantor, notify, or require any US Grantor to notify, the Account Debtor or counterparty to make all payments under the Receivables and/or Contracts directly to the Collateral Agent;

 (c) Anything herein to the contrary notwithstanding, each US Grantor shall remain liable under each of the
Receivables and Contracts to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise thereto. No Secured Party shall have any obligation or
liability under any Receivable (or any agreement giving rise thereto) or Contract by reason of or arising out of this Agreement or the receipt by any Secured Party of any payment relating thereto, nor shall any Secured Party be obligated in any
manner to perform any of the obligations of any US Grantor under or pursuant to any Receivable (or any agreement giving rise thereto) or Contract, to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received
by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be
entitled at any time or times. 
 6.03 Pledged Securities. 

(a) Unless an Event of Default shall have occurred and be continuing and the Collateral Agent shall have
given notice to Parent or the relevant US Grantor of the Collateral Agent’s intent to exercise its corresponding rights pursuant to Section 6.03(b), Parent and each US Grantor shall be permitted to receive all cash dividends paid in
respect of the Pledged Borrower Stock and the Pledged Equity Interests and all payments made in respect of the Pledged Notes, in each case paid consistently with past practice, to the extent permitted in the Credit Agreement, and to exercise all
voting and corporate rights with respect to the Pledged Borrower Stock and the Pledged Securities; provided, however, that no vote shall be cast or corporate or other ownership right exercised or other action taken which result in any
violation of any provision of the Credit Agreement, this Agreement or any other Loan Document. 
 (b) If an Event
of Default shall occur and be continuing: (i) upon written notice from Collateral Agent of its election to exercise the rights under this clause, all rights of Parent and each US Grantor to exercise or refrain from exercising the voting and
other consensual rights which it would otherwise be entitled to exercise pursuant hereto shall cease and all such rights shall thereupon become vested in the Collateral 

 

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Agent who shall thereupon have the sole right, but shall be under no obligation, to exercise or refrain from exercising such voting and other consensual rights, (ii) the Collateral Agent
shall have the right, without notice to Parent or the US Grantors, to transfer all or any portion of the Pledged Borrower Stock and the Investment Property constituting Collateral to its name or the name of its nominee or agent, and (iii) the
Collateral Agent shall have the right at any time, without notice to Parent or the US Grantors, to exchange any certificates or instruments representing any Investment Property constituting Pledged Borrower Stock and the Collateral for certificates
or instruments of smaller or larger denominations. If an Event of Default has occurred and is continuing and the Collateral Agent shall have given notice to Parent or the relevant US Grantor under this Section 6.03(b), in order to permit
the Collateral Agent to exercise the voting and other consensual rights which it may be entitled to exercise pursuant hereto and to receive all dividends and other distributions which it may be entitled to receive hereunder Parent and each US
Grantor shall promptly execute and deliver (or cause to be executed and delivered) to the Collateral Agent all proxies, dividend payment orders and other instruments as the Collateral Agent may from time to time reasonably request and Parent and
each US Grantor acknowledges that the Collateral Agent may utilize the power of attorney set forth herein. 
 (c)
Parent and each US Grantor hereby authorizes and instructs Borrower and each Issuer of Pledged Borrower Stock and any Pledged Securities constituting Collateral pledged by Parent or any such US Grantor hereunder to, while an Event of Default is
continuing, (i) comply with any instruction received by it from the Collateral Agent in writing that (x) states that an Event of Default has occurred and is continuing and (y) is otherwise in accordance with the terms of this
Agreement, without any other or further instructions from Parent or such US Grantor, and (ii) upon any such instruction following the occurrence and during the continuance of an Event of Default, pay any dividends or other payments with respect
to the Pledged Borrower Stock and Investment Property, including Pledged Securities, directly to the Collateral Agent. 
 6.04
Proceeds to be Turned Over To Collateral Agent. 
 In addition to the rights of the Secured Parties specified in
Section 6.01 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, at the request of the Collateral Agent, all Proceeds received by any US Grantor consisting of cash, cash equivalents, checks and
other near-cash items shall be held by such US Grantor in trust for the Secured Parties, segregated from other funds of such US Grantor, and shall, forthwith upon receipt by such US Grantor, be turned over to the Collateral Agent in the exact form
received by such US Grantor (duly endorsed by such US Grantor to the Collateral Agent, if required). All such Proceeds received by the Collateral Agent hereunder shall be held by the Collateral Agent in a Collateral Account maintained under its sole
dominion and control. All such Proceeds while held by the Collateral Agent in a Collateral Account (or by such US Grantor in trust for the Secured Parties) shall continue to be held as collateral security for all the Obligations and shall not
constitute payment thereof until applied as provided in Section 6.05. 
  

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 6.05 Application of Proceeds 

At such intervals as may be agreed upon by the Borrower and the Collateral Agent, or, if an Event of Default shall have occurred and be
continuing, at any time at the Collateral Agent’s election, the Collateral Agent may apply all or any part of the net Proceeds (after deducting fees and expenses as provided in Section 6.06) constituting Collateral realized through
the exercise by the Collateral Agent of its remedies hereunder, whether or not held in any Collateral Account, and any proceeds of the guarantee set forth in Section 2, in payment of the Obligations in the following order: 

FIRST, to the payment of all reasonable costs and expenses incurred by the Collateral Agent in connection with such
collection or sale or otherwise in connection with this Agreement, any other Loan Document or any of the Obligations, including all reasonable court costs and the fees and expenses of its agents and legal counsel, the repayment of all advances made
by the Collateral Agent hereunder or under any other Loan Document on behalf of any Grantor and any other reasonable costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Loan Document;

 SECOND, to the payment in full of Unfunded Advances/Participations (the amounts so applied to be distributed
between or among the Administrative Agent, the Swingline Lender and any Issuing Bank pro rata in accordance with the respective amounts of the Unfunded Advances/Participations owed to them on the date of any such distribution); 

THIRD, to the payment in full of all other Obligations (the amounts so applied to be distributed among the Secured Parties
pro rata in accordance with the respective amounts of the Obligations owed to them on the date of any such distribution); and 

FOURTH, to the Grantors, their successors or assigns, or as a court of competent jurisdiction may otherwise direct.

 6.06 Code and Other Remedies. 

(a) If an Event of Default shall occur and be continuing, the Collateral Agent, on behalf of the Secured Parties, may
exercise, in addition to all other rights and remedies granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations, all rights and remedies of a secured party under the New York UCC
(whether or not the New York UCC applies to the affected Collateral) or its rights under any other applicable law or in equity. Without limiting the generality of the foregoing, the Collateral Agent, without demand of performance or other demand,
presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below or under any Loan Document) to or upon any Grantor or any other person (all and each of which demands, defenses, advertisements and
notices are hereby waived), may in such circumstances forthwith collect, receive, appropriate and realize upon the Collateral, or any part thereof, and/or may forthwith sell, lease, license, assign, give option or options to purchase, or otherwise
dispose of and deliver the Collateral or any part thereof (or contract to do any of the foregoing), in one 
  

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or more parcels at public or private sale or sales, at any exchange, broker’s board or office of any Secured Party or elsewhere upon such terms and conditions as it may deem advisable and at
such prices as it may deem best, for cash or on credit or for future delivery without assumption of any credit risk. Each Secured Party shall have the right upon any such public sale or sales, and, to the extent permitted by law, upon any such
private sale or sales, to purchase the whole or any part of the Collateral so sold, free of any right or equity of redemption in any Grantor, which right or equity is hereby waived and released. Each purchaser at any such sale shall hold the
property sold absolutely free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by applicable law) all rights of redemption, stay and/or appraisal which it now has or may at any time in the
future have under any rule of law or statute now existing or hereafter enacted. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten days prior written notice to such Grantor of the time and place of any
public sale or the time after which any private sale is to be made may constitute reasonable notification. The Collateral Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Collateral
Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Collateral Agent may sell
the Collateral without giving any warranties as to the Collateral. The Collateral Agent may specifically disclaim or modify any warranties of title or the like. This procedure will not be considered to adversely affect the commercial reasonableness
of any sale of the Collateral. Each Grantor agrees that it would not be commercially unreasonable for the Collateral Agent to dispose of the Collateral or any portion thereof by using Internet sites that provide for the auction of assets of the
types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and sellers of assets. Each Grantor further agrees, at the Collateral Agent’s reasonable request, to assemble the Collateral and make it
available to the Collateral Agent at places which the Collateral Agent shall reasonably select, whether at such Grantor’s premises or elsewhere. The Collateral Agent shall have the right to enter onto the property where any Collateral is
located and take possession thereof with or without judicial process. 
 (b) The Collateral Agent shall apply the
net proceeds of any action taken by it pursuant to this Section 6.06, after deducting all reasonable costs and expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of any of the Collateral or
in any way relating to the Collateral or the rights of the Secured Parties hereunder, including reasonable attorneys’ fees and disbursements, to the payment in whole or in part of the Obligations and only after such application and after the
payment by the Collateral Agent of any other amount required by any provision of law, including Section 9-615(a) of the New York UCC, need the Collateral Agent account for the surplus, if any, to any Grantor. If the Collateral Agent sells any
of the Collateral upon credit, the applicable Grantor will be credited only with payments actually made by the purchaser and received by the Collateral Agent and applied to indebtedness of the purchaser. In the event the purchaser fails to pay for
the Collateral, the Collateral Agent may resell the Collateral and the applicable Grantor shall be credited with proceeds of the sale. To the extent permitted by applicable law, each Grantor waives all claims, damages and demands it may acquire
against any Secured Party arising out of the exercise by them of any rights hereunder. 
  

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 (c) In the event of any disposition of any of the Trademarks, the goodwill
of the business connected with and symbolized by any Trademarks subject to such Disposition shall be included, and with respect to any Intellectual Property Collateral, the applicable US Grantor shall supply the Collateral Agent or its designee with
such US Grantor’s know-how and expertise, and with records, documents and things embodying the same, relating to the manufacture, distribution, advertising and sale of products or the provision of services relating to such Intellectual Property
Collateral subject to such disposition, and such US Grantor’s customer lists pertaining thereto, subject to appropriate confidentiality undertakings on the part of any person receiving such proprietary information. 

(d) The Collateral Agent shall have no obligation to marshal any of the Collateral. 

6.07 Sale of Pledged Borrower Stock, Pledged Equity Interests and Pledged Debt Securities. 

(a) If the Collateral Agent shall determine to exercise its right to sell any or all of the Pledged Borrower Stock,
Pledged Equity Interests or the Pledged Debt Securities constituting Collateral pursuant to Section 6.06, Parent and each US Grantor recognizes that the Collateral Agent may be unable to effect a public sale of any or all the Pledged
Borrower Stock, Pledged Equity Interests or the Pledged Debt Securities constituting Collateral, by reason of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise, and may be compelled to resort to
one or more private sales thereof to a restricted group of purchasers which will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof.
Parent and each US Grantor acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall
be deemed to have been made in a commercially reasonable manner. The Collateral Agent shall be under no obligation to delay a sale of any of such Pledged Borrower Stock, Pledged Equity Interests or the Pledged Debt Securities for the period of time
necessary to permit the Issuer thereof to register such securities for public sale under the Securities Act, or under applicable state securities laws, even if such Issuer would agree to do so. 

(b) Parent and each US Grantor agrees to use its commercially reasonable efforts to do or cause to be done all such other
acts as may be necessary to make such sale or sales of all or any portion of the Pledged Borrower Stock, Pledged Equity Interests or the Pledged Debt Securities constituting Collateral pursuant to this Section 6.07 valid and binding and
in compliance with any and all other applicable Requirements of Law. Parent and each US Grantor further agrees that a breach of any of the covenants contained in this Section 6.07 will cause irreparable injury to the Secured Parties,
that the Secured Parties have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this Section 6.07 shall be 

 

 38 

 
specifically enforceable against Parent and each such US Grantor, and Parent and each such US Grantor hereby waives and agrees not to assert any defenses against an action for specific
performance of such covenants except for a defense that no Event of Default has occurred and is continuing under the Credit Agreement or a defense of payment, or the willful misconduct and gross negligence of the Secured Parties. 

6.08 Deficiency. 

Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral are insufficient to
pay its Obligations and the reasonable fees and disbursements of any attorneys employed by any Secured Party to collect such deficiency. 

SECTION 7. THE COLLATERAL AGENT 

7.01 Collateral Agent’s Appointment as Attorney-in-Fact, Etc. 

(a) Each Grantor hereby irrevocably constitutes and appoints the Collateral Agent and any authorized officer or agent
thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Grantor and in the name of such Grantor or in its own name, such appointment being coupled
with an interest, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this
Agreement, and, without limiting the generality of the foregoing, each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any or all of the following:

 (i) in the name of such Grantor or its own name, or otherwise, take possession of and endorse and collect any
checks, drafts, notes, acceptances or other instruments for the payment of moneys due under any Receivable or Contract or with respect to any other Collateral and file any claim or take any other action or proceeding in any court of law or equity or
otherwise deemed appropriate by the Collateral Agent for the purpose of collecting any and all such moneys due under any Receivable or Contract or with respect to any other Collateral whenever payable; 

(ii) in the case of any Intellectual Property that is included in the Collateral, execute and deliver, and have recorded,
any and all agreements, instruments, documents and papers as the Collateral Agent may request to evidence the Secured Parties’ security interest in such Intellectual Property and the goodwill and general intangibles of such Grantor relating
thereto or represented thereby; 
 (iii) pay or discharge taxes and Liens levied or placed on or threatened
against the Collateral, effect any repairs or any insurance called for by the terms of this Agreement and pay all or any part of the premiums therefor and the costs thereof; 

 

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 (iv) execute, in connection with any sale provided for in
Section 6.07 or 6.08, any endorsements, assignments or other instruments of conveyance or transfer with respect to the Collateral; and 

(v)(1) direct any party liable for any payment under any of the Collateral to make payment of any and all moneys due or to
become due thereunder directly to the Collateral Agent or as the Collateral Agent shall direct; (2) ask or demand for, collect, and receive payment of and receipt for, any and all moneys, claims and other amounts due or to become due at any
time in respect of or arising out of any Collateral; (3) sign and endorse any invoices, freight or express bills, bills of lading, storage or warehouse receipts, drafts against debtors, assignments, verifications, notices and other documents in
connection with any of the Collateral; (4) commence and prosecute any suits, actions or proceedings at law or in equity in any court of competent jurisdiction to collect the Collateral or any portion thereof and to enforce any other right in
respect of any Collateral; (5) defend any suit, action or proceeding brought against such Grantor with respect to any Collateral; (6) settle, compromise or adjust any such suit, action or proceeding and, in connection therewith, give such
discharges or releases as the Collateral Agent may deem appropriate; (7) assign any Copyright, Patent or Trademark (along with the goodwill of the business to which any such Trademark pertains), throughout the world for such term or terms, on
such conditions, and in such manner, as the Collateral Agent shall in its sole discretion determine; and (8) generally, sell, transfer, pledge and make any agreement with respect to or otherwise deal with any of the Collateral as fully and
completely as though the Collateral Agent were the absolute owner thereof for all purposes, and do, at the Collateral Agent’s option and such Grantor’s expense, at any time, or from time to time, all acts and things which the Collateral
Agent deems necessary to protect, preserve or realize upon the Collateral and the Secured Parties’ security interests therein and to effect the intent of this Agreement, all as fully and effectively as such Grantor might do. 

Anything in this Section 7.01(a) to the contrary notwithstanding, the Collateral Agent agrees that, except as provided in
Section 7.01(b), it will not exercise any rights under the power of attorney provided for in this Section 7.01(a) unless an Event of Default shall have occurred and be continuing. 

(b) If an Event of Default has occurred and is continuing, if any Grantor fails to perform or comply with any of its
agreements contained herein, the Collateral Agent, at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement; provided, however, that the Collateral
Agent shall not exercise this power without first making demand on the Grantor and the Grantor failing to immediately comply therewith. 

(c) The reasonable expenses of the Collateral Agent incurred in connection with actions undertaken as provided in this
Section 7.01 shall be payable by such Grantor to the Collateral Agent on demand. 
  

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 7.02 Duty of Collateral Agent. 

The Collateral Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its
possession, under Section 9-207 of the New York UCC or otherwise, shall be to deal with it in the same manner as the Collateral Agent deals with similar property for its own account. Neither the Collateral Agent nor any other Secured Party nor
any of their respective officers, directors, partners, employees, agents, attorneys and other advisors, attorneys-in-fact or affiliates shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so
or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of any Grantor or any other person or to take any other action whatsoever with regard to the Collateral or any part thereof. The powers conferred on the
Secured Parties hereunder are solely to protect the Secured Parties’ interests in the Collateral and shall not impose any duty upon any Secured Party to exercise any such powers. The Secured Parties shall be accountable only for amounts that
they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, partners, employees, agents, attorneys and other advisors, attorneys-in-fact or affiliates shall be responsible to any Grantor
for any act or failure to act hereunder, except to the extent that any such act or failure to act is found by a final and non-appealable decision of a court of competent jurisdiction to have resulted primarily from their own gross negligence or
willful misconduct in breach of a duty owed to such Grantor. 
 7.03 Filing of Financing Statements. 

Each Grantor acknowledges that pursuant to Section 9-509(b) of the New York UCC and any other applicable law, each Grantor authorizes
the Collateral Agent to file or record financing or continuation statements, and amendments thereto, and other filing or recording documents or instruments with respect to the Collateral, without the signature of such Grantor, in such form and in
such offices as the Collateral Agent reasonably determines appropriate to perfect or maintain the perfection of the security interests of the Collateral Agent under this Agreement. Each Grantor agrees that such financing statements may describe the
collateral in the same manner as described in the Security Documents or as “all assets” or “all personal property,” whether now owned or hereafter existing or acquired or such other description as the Collateral Agent, in its
sole judgment, determines is necessary or advisable. A photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction.

 7.04 Authority of Collateral Agent. 

Each Grantor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement with respect to any action
taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall, as between the
Collateral Agent and the other Secured Parties, be governed by the Credit Agreement and by such other agreements with respect thereto as may exist from time to time among them, but, as between the Collateral Agent and the Grantors, the Collateral
Agent shall be conclusively presumed to be acting as agent for the Secured Parties with full and valid authority so to act or refrain from acting, and no Grantor shall be under any obligation, or entitlement, to make any inquiry respecting such
authority. 
  

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 7.05 Appointment of Co-Collateral Agents. 

At any time or from time to time, in order to comply with any applicable requirement of law, the Collateral Agent may appoint another bank
or trust company or one of more other persons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in
the instrument of appointment (which may, in the discretion of the Collateral Agent, include provisions for indemnification and similar protections of such co-agent or separate agent). 

SECTION 8. MISCELLANEOUS 

8.01 Amendments in Writing. 

None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written
instrument executed by each affected Grantor and the Collateral Agent, subject to any consents required under Section 9.08 of the Credit Agreement; provided that any provision of this Agreement imposing obligations on any Grantor
may be waived by the Collateral Agent in a written instrument executed by the Collateral Agent. 
 8.02 Notices.

 All notices, requests and demands to or upon the Collateral Agent or any Grantor hereunder shall be effected in the manner
provided for in Section 9.01 of the Credit Agreement; provided that any such notice, request or demand to or upon any Guarantor shall be addressed to such Guarantor at its notice address set forth on Schedule 8.02 (as such
schedule may be amended or supplemented from time to time). 
 8.03 No Waiver by Course of Conduct; Cumulative Remedies.

 No Secured Party shall by any act (except by a written instrument pursuant to Section 8.01), delay, indulgence,
omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced in any Default or Event of Default. No failure to exercise, nor any delay in exercising, on the part of any Secured Party, any right, power or
privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by
any Secured Party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which such Secured Party would otherwise have on any future occasion. The rights and remedies herein provided are
cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law. 

8.04 Enforcement Expenses; Indemnification. 

(a) The parties hereto agree that the Collateral Agent and the other Secured Parties shall be entitled to reimbursement of
their expenses incurred hereunder as provided in Section 9.05 of the Credit Agreement. 
  

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 (b) The agreements in this Section shall survive repayment of the
Obligations and all other amounts payable under the Credit Agreement and the other Loan Documents. 
 8.05 Successors and
Assigns. 
 This Agreement shall be binding upon the successors and assigns of each Grantor and shall inure to the benefit of
the Secured Parties and their successors and assigns; provided that no Grantor may assign, transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Collateral Agent, and any attempted
assignment without such consent shall be null and void. Any assignment by the Collateral Agent of any of its rights or obligations under this Agreement shall be in accordance with the terms of the Credit Agreement. 

8.06 Set-Off. 

Each US Grantor hereby irrevocably authorizes each Secured Party at any time and from time to time, while an Event of Default shall have
occurred and be continuing, with notice to such US Grantor or any other US Grantor, to set-off and appropriate and apply any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits,
indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Secured Party to or for the credit or the account of such US Grantor, or any part
thereof in such amounts as such Secured Party may elect, against and on account of the obligations and liabilities of such US Grantor to such Secured Party hereunder and claims of every nature and description of such Secured Party against such US
Grantor, in any currency, whether arising hereunder, under the Credit Agreement, any other Loan Document or otherwise, as such Secured Party may elect, whether or not any Secured Party has made any demand for payment and although such obligations,
liabilities and claims may be contingent or unmatured. Each Secured Party shall notify such US Grantor promptly of any such set-off and the application made by such Secured Party of the proceeds thereof, provided that the failure to give such
notice shall not affect the validity of such set-off and application. The rights of each Secured Party under this Section are in addition to other rights and remedies (including other rights of set-off) which such Secured Party may have. 

8.07 Counterparts. 

This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts (including by
facsimile and electronic PDF delivery), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. 

8.08 Severability. 

Any provision of this 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 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. 
  

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 8.09 Section Headings. 

The Section headings used in this Agreement are for convenience of reference only and are not to affect the construction hereof or be
taken into consideration in the interpretation hereof. 
 8.10 Integration. 

This Agreement and the other Loan Documents represent the agreement of the Grantors, the Collateral Agent and the other Secured Parties
with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by any Secured Party relative to subject matter hereof and thereof not expressly set forth or referred to herein or in the
other Loan Documents. 
 8.11 APPLICABLE LAW. 

THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 

8.12 Submission to Jurisdiction; Waivers. 

Each Grantor hereby irrevocably and unconditionally: 

(a) submits for itself and its property in any legal action or proceeding relating to this Agreement and the other Loan
Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the Courts of the State of New York, the courts of the United States of America for the Southern
District of New York, and appellate courts from any thereof; 
 (b) consents that any such action or proceeding
may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead
or claim the same; 
 (c) agrees that service of process in any such action or proceeding may be effected by
mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to such Grantor at its address referred to in Section 8.02 or at such other address of which the Collateral Agent shall
have been notified pursuant thereto; 
 (d) agrees that nothing herein shall affect the right to effect service
of process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and 

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or
proceeding referred to in this Section any special, exemplary, punitive or consequential damages. 
  

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 8.13 Acknowledgments. 

Each Grantor hereby acknowledges that: 

(a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan
Documents to which it is a party; 
 (b) no Secured Party has any fiduciary relationship with or duty to any
Grantor arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Grantors, on the one hand, and the Secured Parties, on the other hand, in connection herewith or therewith is solely
that of debtor and creditor; and 
 (c) no joint venture is created hereby or by the other Loan Documents or
otherwise exists by virtue of the transactions contemplated hereby among the Secured Parties or among the Grantors and the Secured Parties. 

8.14 Additional Grantors. 

Each Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to Section 5.09 of the Credit
Agreement shall become a Grantor and/or Guarantor, as applicable, for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 1 hereto. 

8.15 Releases. 

(a) Upon the Payment in Full of the Obligations, the Collateral shall automatically be released from the Liens created
hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Collateral Agent and each Grantor and/or Guarantor hereunder shall terminate, all without delivery of any instrument or performance
of any act by any party, and all rights to the Collateral shall revert to the Grantors. At the request and sole expense of any Grantor following any termination contemplated in this clause (a), the Collateral Agent shall deliver to such
Grantor any Collateral of such Grantor held by the Collateral Agent hereunder and execute and deliver to such Grantor such documents as such Grantor shall reasonably request to evidence such termination. 

(b) If any of the Collateral shall be sold or otherwise disposed of by any Grantor in a transaction permitted by the
Credit Agreement, then the Collateral Agent, at the request and sole expense of such Grantor, shall execute and deliver to such Grantor all releases or other documents reasonably necessary or desirable for the release of the Liens created hereby on
such Collateral. At the request and sole expense of the Borrower, a Guarantor (other than Parent) shall be released from its obligations hereunder in the event that all the Equity Interests in such Guarantor shall be sold or otherwise disposed of in
a transaction permitted by the Credit Agreement; provided that the Borrower shall have delivered to the Collateral Agent, at least ten Business Days (or such shorter period as the Collateral Agent may agree) prior to the date of the proposed
release, a written request for such release identifying the relevant Guarantor and the terms 
  

 45 

 
of the relevant sale or other disposition in reasonable detail, including the price thereof and any expenses incurred in connection therewith, together with a certification by the Borrower
stating that such transaction is in compliance with the Credit Agreement and the other Loan Documents. In addition, upon payment in full of all obligations of Luxco under the Bridge Credit Agreement and termination of the Bridge Credit Agreement in
accordance with its terms, all obligations (other than those expressly stated to survive such termination) of Luxco hereunder shall terminate, all without delivery of any instrument or performance of any act by any party. 

(c) Each Grantor acknowledges that it is not authorized to file any financing statement or amendment or termination
statement with respect to any financing statement originally filed in connection herewith without the prior written consent of the Collateral Agent, subject to such Grantor’s rights under Section 9-509(d)(2) of the New York UCC.

 8.16 WAIVER OF JURY TRIAL. 

EACH GRANTOR AND THE COLLATERAL AGENT AND EACH SECURED PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL
ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN. 
 8.17
Reinstatement. 
 This Guarantee and Collateral Agreement, including, without limitation, the guarantee contained in
Section 2 hereof, shall remain in full force and effect and continue to be effective should any petition be filed by or against any Grantor for liquidation or reorganization, should any Grantor become insolvent or make an assignment for
the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of any Grantor’s assets, and shall continue to be effective or be reinstated, as the case be, if at any time payments and
performance of the Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be restored or returned by any oblige of the Obligations, whether as a “voidable preference,”
“fraudulent conveyance,” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall be reinstated and
deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 
 8.18 Conflict.

 In the event there is a dispute or conflict as to this Agreement and another Security Document (the “Other Security
Document”) relating to the Pledged Borrower Stock and a court of competent jurisdiction determines that the laws of the country of organization of the US Borrower shall govern such dispute, then this Agreement shall control such dispute
as to such Pledged Borrower Stock; provided that, if such court determines that the laws of Ireland or another foreign jurisdiction shall govern such dispute, then such Other Security Document shall control such dispute as to the Pledged
Borrower Stock. 
 [Remainder of page intentionally left blank] 

 

 46 

 IN WITNESS WHEREOF, each of the undersigned has caused this Guarantee and Collateral
Agreement to be duly executed and delivered as of the date first above written. 
 Given under the Common Seal of: 

SSI INVESTMENTS I LIMITED, 
 as a Guarantor and
a Grantor, 
  

	
	 /s/ MICHAEL C. ASCIONE

	Director: Michael Ascione
	
	 /s/ IMELDA SHINE

	Director: Imelda Shine

 Given under the Common Seal of: 

SSI INVESTMENTS II LIMITED, 
 as a Guarantor and
a Grantor, 
  

	
	 /s/ MICHAEL C. ASCIONE

	Director: Michael Ascione
	
	 /s/ IMELDA SHINE

	Secretary: Imelda Shine

 Given under the Common Seal of: 

SSI INVESTMENTS III LIMITED, 
 as a Guarantor
and a Grantor, 
  

	
	 /s/ MICHAEL C. ASCIONE

	Director: Michael Ascione
	
	 /s/ IMELDA SHINE

	Secretary: Imelda Shine

 SSILUXCO II S.À R.L., 

as a Guarantor, 
  

	
	 /s/ MICHAEL C. ASCIONE

	Manager: Michael Ascione

			
	MORGAN STANLEY SENIOR FUNDING, INC.,
	as Collateral Agent
		
	By:	 	 /s/ STEPHEN B. KING

	Name:	 	Stephen B. King
	Title:	 	Vice President

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