Document:

EX-10.4

 Exhibit 10.4 
 RUE21, INC. 
 ANNUAL INCENTIVE BONUS PLAN 

Effective as of June 7, 2013 
 1. Purpose of the Plan 
 The purpose of the rue21, inc.
Annual Incentive Bonus Plan (the “Plan”) is to advance the interests of the Company and its stockholders by providing incentives to key employees with significant responsibility for achieving performance goals critical to the success and
growth of the Company. The Plan is designed to: (i) promote the attainment of the Company’s significant business objectives; (ii) encourage and reward management teamwork across the entire Company; and (iii) assist in the
attraction and retention of employees vital to the Company’s long-term success. 
 2. Definitions 

For the purposes of this Plan, the following definitions shall apply: 

(a) “Board” means the Board of Directors of rue21. 

(b) “Cause” means “Cause” (or words of like import) as defined under any employment agreement in effect
between the Company and the Participant or, in the absence of such an agreement, “Cause” as defined by the Company’s plans applicable to the Participant or employment policies in effect at the time of the Participant’s Separation
from Service and/or a violation of the Company’s Code of Business Conduct and Ethics. 
 (c) “Change of
Control” means if: 
 (1) any “person,” as such term is used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”) (other than the Company, any trustee or other fiduciary holding securities under any employee benefit plan of the Company, or any company owned, directly or indirectly, by the
stockholders of rue21 in substantially the same proportions as their ownership of common stock of rue21), becoming the beneficial owner (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of rue21 representing 50% or more of the combined voting power of rue21’s then outstanding securities; 
 (2) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a person who has entered
into an agreement with the Company to effect a transaction described in subsections (1), (3), or (4) of this Section 2(c) or a director whose initial assumption of office occurs as a result of either an actual or threatened election
contest) whose election by the Board or nomination for election by the rue21’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at
the beginning of the two-year period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a majority of the Board; 

(3) a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the
voting securities of rue21 outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than 50% of the combined voting power of the voting
securities of rue21 or such surviving entity outstanding immediately after such merger or consolidation; provided, however, that a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no
person (other than those covered by the exceptions in subsection 2(c)(1)) acquires more than 50% of the combined voting power of the Company’s then outstanding securities shall not constitute a Change of Control of the Company; or 

  
 B-1

 (4) a complete liquidation or dissolution of the Company or the consummation of a sale or
disposition by the Company of all or substantially all of the Company’s assets other than the sale or disposition of all or substantially all of the assets of the Company to a person or persons who beneficially owns, directly or indirectly, 50%
or more of the combined voting power of the outstanding voting securities of the Company at the time of the sale. 
 (d)
“Code” means the Internal Revenue Code of 1986, as amended. 
 (e) “Committee” means the
Compensation Committee of the Board, or such other committee as is appointed or designated by the Board to administer the Plan, in each case which shall be comprised solely of two or more “outside directors” (as defined under
Section 162(m) of the Code and the regulations promulgated thereunder). 
 (f) “Company” means rue21, inc.
and any subsidiary entity or affiliate thereof, including subsidiaries or affiliates which become such after adoption of the Plan. 
 (g) “Forfeit,” “Forfeiture,” “Forfeited” means the loss by a Participant of any and all rights to an award granted under the Plan, including the loss to any payment of
compensation by the Company under the Plan or any award granted thereunder. 
 (h) “Participant” means any
person: (1) who satisfies the eligibility requirements set forth in Section 4; (2) to whom an award has been made by the Committee; and (3) whose award remains outstanding under the Plan. 

(i) “Performance Goal” means, in relation to any Performance Period, the level of performance that must be achieved with
respect to a Performance Measure. 
 (j) “Performance Measures” means any one or more of the following
performance criteria, either individually, alternatively or in any combination, and subject to such modifications or variations as specified by the Committee, applied to either the Company as a whole or to a business unit or subsidiary entity
thereof, either individually, alternatively or in any combination, and measured over a period of time including any portion of a year, annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to
previous years’ results or to a designated comparison group, in each case as specified by the Committee: earnings per share, diluted or basic; operating income; gross income; net income (before or after taxes); same store sales; cash flow;
gross profit; gross profit return on investment; gross margin return on investment; gross margin; operating margin; working capital; capital expenditures; earnings before interest and taxes; earnings before interest, tax, depreciation and
amortization; return on equity; return on assets; return on capital; return on invested capital; net revenues; gross revenues; revenue growth; annual recurring revenues; recurring revenues; license revenues; sales or market share; total stockholder
return; stock price; economic value added; specified objectives with regard to limiting the level of increase in all or a portion of the Company’s bank debt or other long-term or short-term public or private debt or other similar financial
obligations of the Company, which may be calculated net of cash balances and/or other offsets and adjustments as may be established by the Committee in its sole discretion; the growth in the value of an investment in rue21’s common stock
assuming the reinvestment of dividends; reduction in operating expenses and/or shrink costs; growth in assets; geographic expansion goals; expense reduction levels and/or cost targets; debt rating; workforce satisfaction and/or diversity goals;
employee retention; customer satisfaction; implementation or completion of projects or processes; strategic plan development and implementation; business expansion (including acquisitions); internal rate of return or net present value; productivity
measures; comparable store sales; merchandise margin; inventory turns; individual performance goals; brand recognition; or operating efficiency. 
 To the extent consistent with Section 162(m) of the Code and the regulations promulgated thereunder, the Committee may determine that certain adjustments shall apply, in whole or in part, in such
manner as specified by the Committee, to exclude or include the effect of specified events that occur during a Performance Period, 

  
 B-2

 
including the following: the impairment of tangible or intangible assets; asset write-downs; litigation or claim judgments or settlements; acquisitions or divestitures; gains or losses on the
sale of assets; foreign exchange gains and/or losses; changes in tax law, accounting standards required by generally accepted accounting principles or other such laws or provisions affecting reported results; business combinations, discontinued
operations, reorganizations and/or restructuring programs, including but not limited to reductions in force and early retirement incentives; currency fluctuations; an event either not directly related to the operations of the Company or not within
the reasonable control of the Company’s management; and any restructurings, discontinued operations, extraordinary items or events, and other unusual or non-recurring items charges as described in Accounting Principles Board Opinion No. 30
and/or management’s discussion and analysis of financial condition and results of operations or the financial statements and/or notes thereto appearing or incorporated by reference in rue21’s Form 10-K for the applicable year. 

(k) “Performance Period” means, in relation to any award, the Company’s annual fiscal year period or other period
within the Company’s annual fiscal year period of less than 12 months for which a Participant’s performance is being calculated, with each such period constituting a separate Performance Period. 

(l) “Retirement” shall mean a Separation from Service other than for Cause at or after age 65 or such earlier date after
age 50 as may be approved by the Committee with regard to such Participant. 
 (m) “rue21” means rue21, inc., a
Delaware corporation, and its successors by operation of law. 
 (n) “Section 409A” shall mean the nonqualified
deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder. 
 (o) “Separation from Service” or “Separates from Service” shall mean the Participant’s death, retirement or other termination of employment or service with the employer
(including all persons treated as a single employer under Sections 414(b) and 414(c)). For purposes hereof, the determination of controlled group members shall be made pursuant to the provisions of Sections 414(b) and 414(c); provided that the
language “at least 50 percent” shall be used instead of “at least 80 percent” in each place that it appears in Section 1563(a)(1), (2) and (3) and Treas. Reg. Section 1.414(c)-2; provided, further, where
legitimate business reasons exist (within the meaning of Treas. Reg. Section 1.409A-1(h)(3)), the language “at least 20 percent” shall be used instead of “at least 80 percent” in each place it appears. Whether a Participant
has experienced a Separation from Service will be determined based on all of the facts and circumstances in accordance with the guidance issued under Section 409A and, to the extent not inconsistent therewith, the terms of the Plan. 

(p) “Total and Permanent Disability” means: (1) if the Participant is insured under a long-term disability
insurance policy or plan which is paid for by the Company, the Participant is totally disabled under the terms of that policy or plan; or (2) if no such policy or plan exists, the Participant shall be considered to be totally disabled as
determined by the Committee. 
 3. Administration of the Plan 

(a) The management of the Plan shall be vested in the Committee; provided, however, that all acts and authority of the Committee pursuant
to this Plan shall be subject to the provisions of the Committee’s Charter, as amended from time to time, and such other authority as may be delegated to the Committee by the Board. The Committee may, with respect to Participants whom the
Committee determines are not likely to be subject to Section 162(m) of the Code, delegate its powers and authority under the Plan to the Company’s officers as it deems necessary or appropriate. In the event of such delegation, all
references to the Committee in this Plan shall be deemed references to such officers as it relates to those aspects of the Plan that have been delegated. 
 (b) Subject to the terms of the Plan, the Committee shall, among other things, have full authority and discretion to determine eligibility for participation in the Plan, make awards under the Plan,
establish the terms and conditions of such awards (including the Performance Goal(s) and Performance Measure(s) to be utilized) 

  
 B-3

 
and determine whether the Performance Goals applicable to any Performance Measures for any awards have been achieved. The Committee’s determinations under the Plan need not be uniform among
all Participants, or classes or categories of Participants, and may be applied to such Participants, or classes or categories of Participants, as the Committee, in its sole and absolute discretion, considers necessary, appropriate or desirable. The
Committee is authorized to interpret the Plan, to adopt administrative rules, regulations, and guidelines for the Plan, and may correct any defect, supply any omission or reconcile any inconsistency or conflict in the Plan or in any award. All
determinations by the Committee shall be final, conclusive and binding on the Company, the Participant and any and all interested parties. 
 (c) Subject to the provisions of the Plan, the Committee will have the authority and discretion to determine the extent to which awards under the Plan will be structured to conform to the requirements
applicable to performance-based compensation as described in Section 162(m) of the Code, and to take such action, establish such procedures, and impose such restrictions at the time such awards are granted as the Committee determines to be
necessary or appropriate to conform to such requirements. Notwithstanding any provision of the Plan to the contrary, if an award under this Plan is intended to qualify as performance-based compensation under Section 162(m) of the Code and the
regulations issued thereunder and a provision of this Plan would prevent such award from so qualifying, such provision shall be administered, interpreted and construed to carry out such intention (or disregarded to the extent such provision cannot
be so administered, interpreted or construed). 
 (d) The benefits provided under the Plan are intended to be excepted from
coverage under Section 409A and the regulations promulgated thereunder and shall be construed accordingly. Notwithstanding any provision of the Plan to the contrary, if any benefit provided under this Plan is subject to the provisions of
Section 409A and the regulations issued thereunder (and not excepted therefrom), the provisions of the Plan shall be administered, interpreted and construed in a manner necessary to comply with Section 409A and the regulations issued
thereunder (or disregarded to the extent such provision cannot be so administered, interpreted, or construed.) 
 4. Participation
in the Plan 
 Officers and key employees of the Company shall be eligible to participate in the Plan. No employee
shall have the right to participate in the Plan, and participation in the Plan in any one Performance Period does not entitle an individual to participate in future Performance Periods. 
 5. Incentive Compensation Awards 
 (a) The Committee
may, in its discretion, from time to time make awards to persons eligible for participation in the Plan pursuant to which the Participant will earn cash compensation. The amount of a Participant’s award may be based on a percentage of such
Participant’s salary or such other methods as may be established by the Committee. Each award shall be communicated to the Participant, and shall specify, among other things, the terms and conditions of the award and the Performance Goals to be
achieved. The maximum amount that may be paid under the Plan to a Participant for any calendar year shall not exceed USD $5,000,000. 
 (b) With respect to awards that are intended to be performance-based compensation under Section 162(m) of the Code, each award shall be conditioned upon the Company’s achievement of one or more
Performance Goal(s) with respect to the Performance Measure(s) established by the Committee. No later than ninety (90) days after the beginning of the applicable Performance Period, the Committee shall establish in writing the Performance
Goals, Performance Measures and the method(s) for computing the amount of compensation which will be payable under the Plan to each Participant if the Performance Goals established by the Committee are attained; provided however, that for a
Performance Period of less than one year, the Committee shall take any such actions prior to the lapse of 25% of the Performance Period. In addition to establishing minimum Performance Goals below which no compensation shall be payable pursuant to
an award, the Committee, in its discretion, may create a performance schedule under which an amount less than or more than the target award may be paid so long as the Performance Goals have been achieved. 

  
 B-4

 (c) The Committee, in its sole discretion, may also establish such additional restrictions
or conditions that must be satisfied as a condition precedent to the payment of all or a portion of any awards. Such additional restrictions or conditions need not be performance-based and may include, among other things, the receipt by a
Participant of a specified annual performance rating, the continued employment by the Participant and/or the achievement of specified performance goals by the Company, business unit or Participant. Furthermore and notwithstanding any provision of
this Plan to the contrary, the Committee, in its sole discretion, may reduce the amount of any award to a Participant if it concludes that such reduction is necessary or appropriate based upon: (i) an evaluation of such Participant’s
performance; (ii) comparisons with compensation received by other similarly situated individuals working within the Company’s industry; (iii) the Company’s financial results and conditions; or (iv) such other factors or
conditions that the Committee deems relevant. Notwithstanding any provision of this Plan to the contrary, the Committee shall not use its discretionary authority to increase any award that is intended to be performance-based compensation under
Section 162(m) of the Code. 
 6. Payment of Individual Incentive Awards 

(a) After the end of the Performance Period, the Committee shall certify in writing the extent to which the applicable Performance Goals
and any other material terms have been achieved. Subject to the provisions of the Plan, earned awards shall be paid in the first calendar year immediately following the end of the Performance Period on or before March 15th of such calendar year
(“Payment Date”). For purposes of this provision, and for so long as the Code permits, the minutes of the Committee meeting in which the certification is made may be treated as written certification. 

(b) Unless otherwise determined by the Committee or as otherwise provided in a Company plan applicable to Participant or any agreement
between the Participant and the Company, Participants who have a Separation from Service prior to the end of the Performance Period of an award for any reason other than as provided below, shall Forfeit any and all rights to payment under such
award(s) then outstanding under the terms of the Plan and shall not be entitled to any cash payment for the applicable period. If a Participant Separates from Service prior to the end of the Performance Period of an award (i) by reason of
death, Retirement or Total and Permanent Disability, the Participant’s award shall be prorated to reflect the period of service during the Performance Period prior to his/her death, Retirement or Total and Permanent Disability; (ii) on
account of an involuntary Separation from Service by the Company other than for Cause (A) within the 90-day period immediately preceding a Change of Control, or (B) on or within the one (1) year period following a Change of Control,
the award will be deemed earned at a target award level; or (iii) on account of an involuntary Separation from Service by the Company other than for Cause (and other than an involuntary Separation from Service by the Company in connection with
a Change of Control as described in clause (ii)), the Participant’s award shall be prorated to reflect the period of service during the Performance Period prior to his/her Separation from Service. Except as otherwise provided herein, any
payments under the Plan shall be paid either to the Participant or, as appropriate, the Participant’s estate, subject to the Committee’s certification that the applicable Performance Goals and other material terms have been met. For
purposes of this subsection 6(b), the prorated portion of an award shall be based on the ratio of the number of complete months the Participant is employed or serves during the Performance Period to the total number of months in the Performance
Period. Any payment to which a Participant becomes entitled to receive pursuant to the Change of Control provisions of this subsection 6(b) will be paid to the Participant contemporaneous with the consummation of the Change of Control or, if later,
on or before the sixtieth (60th) day following the Participant’s Separation from Service (but, in each case, within the short-term deferral exception as specified in Treas. Reg. § 1.409A-1(b)(4)). 

(c) The Committee shall determine whether, to what extent, and under what additional circumstances amounts payable with respect to an
award under the Plan shall be deferred either automatically, at the election of the Participant, or by the Committee. All deferrals under a deferred compensation plan or such other plan of the Company as may be designated by the Committee shall be
made in accordance with terms and procedures of such plan. 

  
 B-5

 7. Clawback/Recoupment 

Notwithstanding any other provisions of this Plan, any award granted hereunder which is or becomes subject to recovery under any Company
policy adopted hereafter and required by law, regulation or stock exchange listing requirement, shall be subject to such deductions, recoupment, and clawback as may be required to be made pursuant to such Company policy. 

8. Amendment or Termination of the Plan 
 While the Company intends that the Plan shall continue in force from year to year, the Committee reserves the right to amend, modify or terminate the Plan, at any time; provided, however, that no such
modification, amendment or termination shall, without the consent of the Participant, materially adversely affect the rights of such Participant to any payment that has been determined by the Committee to be due and owing to the Participant under
the Plan but not yet paid. Any and all actions permitted under this Section 8 may be authorized and performed by the Committee in its sole and absolute discretion. 
 Notwithstanding the foregoing or any provision of the Plan to the contrary, the Committee may at any time (without the consent of the Participant) modify, amend or terminate any or all of the provisions
of this Plan to the extent necessary to conform the provisions of the Plan with Section 409A or Section 162(m) of the Code, the regulations promulgated thereunder or an exception thereto regardless of whether such modification, amendment,
or termination of the Plan shall adversely affect the rights of a Participant under the Plan. Notwithstanding any provision of the Plan to the contrary, in no event shall the Committee or Board (or any member thereof), or the Company (or its
employees, officers, directors or affiliates) have any liability to any Participant (or any other person) due to the failure of the Plan to satisfy the requirements of Section 409A or any other applicable law. 

9. Rights Not Transferable 
 A Participant’s rights under the Plan may not be assigned, pledged, or otherwise transferred except, in the event of a Participant’s death, to the Participant’s designated beneficiary, or
in the absence of such a designation, by will or by the laws of descent and distribution. 
 10. Funding/Payment

 The Plan is not funded and all awards payable hereunder shall be paid from the general assets of the Company. No provision
contained in this Plan and no action taken pursuant to the provisions of this Plan shall create a trust of any kind or require the Company to maintain or set aside any specific funds to pay benefits hereunder. To the extent a Participant acquires a
right to receive payments from the Company under the Plan, such right shall be no greater than the right of any unsecured general creditor of the Company. If any earned award is not paid by the Payment Date due to administrative impracticality, such
earned award will be paid, without earnings, as soon as administratively practicable thereafter. 
 11. Withholdings

 The Company shall have the right to withhold from any awards payable under the Plan or other wages payable to a
Participant such amounts sufficient to satisfy federal, state and local tax withholding obligations arising from or in connection with the Participant’s participation in the Plan and such other deductions as may be authorized by the Participant
or as required by applicable law. 
 12. No Employment or Service Rights 

Nothing contained in the Plan shall confer upon any Participant any right with respect to continued employment or service with the Company
(or any of its affiliates) nor shall the Plan interfere in any way with the right of the Company (or any of its affiliates) to at any time reassign the Participant to a different job, change the compensation of the Participant or terminate the
Participant’s employment or service for any reason. 

  
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 13. Other Compensation Plans 

Nothing contained in this Plan shall prevent the Company from adopting other or additional compensation arrangements for employees of the
Company, including arrangements that are not intended to comply with Section 162(m) of the Code. 
 14. Governing
Law 
 The Plan shall be governed and construed in accordance with the laws of the State of Delaware, without
giving effect to its conflict of law provisions. 
 15. Effective Date 

The Plan shall become effective subject to approval and adoption of the Plan by the Company’s stockholders at the Company’s
annual meeting of stockholders to be held on June 7, 2013. 

  
 B-7EX-10.1

 Exhibit 10.1 

CUSIP # 45173JAC8 

$225,000,000 REVOLVING CREDIT FACILITY 

$100,000,000 TERM LOAN FACILITY 

SECOND AMENDED AND RESTATED CREDIT AGREEMENT 

by and among 
 II-VI
INCORPORATED, as the Borrower 
 and 

THE GUARANTORS FROM TIME TO TIME PARTY HERETO 

and 
 THE LENDERS PARTY
HERETO 
 and 

PNC BANK, NATIONAL ASSOCIATION, as Administrative Agent 

and 
 PNC CAPITAL
MARKETS LLC, as Sole Lead Arranger and Sole Bookrunner 
 Dated as of September 10, 2013 

 TABLE OF CONTENTS 

 

											
	 	 	 	 	 	  	 	  	Page	 
			
	1.	 	 CERTAIN DEFINITIONS
	  	 	1	  
		 	1.1	 	 Certain Definitions.
	  	 	1	  
		 	1.2	 	 Construction.
	  	 	29	  
		 	1.3	 	 Accounting Principles; Changes in GAAP.
	  	 	30	  
			
	2.	 	 REVOLVING CREDIT AND SWING LOAN FACILITIES
	  	 	30	  
		 	2.1	 	 Revolving Credit Commitments.
	  	 	30	  
		 		 	2.1.1	  	 Revolving Credit Loans.
	  	 	30	  
		 		 	2.1.2	  	 Swing Loan Commitment.
	  	 	31	  
		 	2.2	 	 Nature of Lenders’ Obligations with Respect to Revolving Credit Loans.
	  	 	31	  
		 	2.3	 	 Commitment Fees.
	  	 	31	  
		 	2.4	 	 Revolving Credit Loan Requests; Swing Loan Requests.
	  	 	32	  
		 		 	2.4.1	  	 Revolving Credit Loan Requests.
	  	 	32	  
		 		 	2.4.2	  	 Swing Loan Requests.
	  	 	32	  
		 	2.5	 	 Making Revolving Credit Loans and Swing Loans; Presumptions by the Administrative Agent; Repayment of Revolving Credit
Loans; Borrowings to Repay Swing Loans.
	  	 	33	  
		 		 	2.5.1	  	 Making Revolving Credit Loans.
	  	 	33	  
		 		 	2.5.2	  	 Presumptions by the Administrative Agent.
	  	 	33	  
		 		 	2.5.3	  	 Making Swing Loans.
	  	 	34	  
		 		 	2.5.4	  	 Repayment of Revolving Credit Loans.
	  	 	34	  
		 		 	2.5.5	  	 Borrowings to Repay Swing Loans.
	  	 	34	  
		 		 	2.5.6	  	 Swing Loans Under Cash Management Agreements.
	  	 	34	  
		 	2.6	 	 Notes.
	  	 	35	  
		 	2.7	 	 Use of Proceeds.
	  	 	35	  
		 	2.8	 	 Letter of Credit Subfacility.
	  	 	35	  
		 		 	2.8.1	  	 Issuance of Letters of Credit.
	  	 	35	  
		 		 	2.8.2	  	 Letter of Credit Fees.
	  	 	36	  
		 		 	2.8.3	  	 Disbursements, Reimbursement.
	  	 	36	  
		 		 	2.8.4	  	 Repayment of Participation Advances.
	  	 	37	  
		 		 	2.8.5	  	 Documentation.
	  	 	38	  
		 		 	2.8.6	  	 Determinations to Honor Drawing Requests.
	  	 	38	  
		 		 	2.8.7	  	 Nature of Participation and Reimbursement Obligations.
	  	 	38	  
		 		 	2.8.8	  	 Indemnity.
	  	 	40	  
		 		 	2.8.9	  	 Liability for Acts and Omissions.
	  	 	40	  
		 		 	2.8.10	  	 Issuing Lender Reporting Requirements.
	  	 	41	  
		 	2.9	 	 Reduction of Revolving Credit Commitment.
	  	 	41	  
		 	2.10	 	 Increase in Revolving Credit Commitments.
	  	 	42	  
		 	2.11	 	 Defaulting Lenders.
	  	 	43	  
		 	2.12	 	 Utilization of Commitments in Optional Currencies.
	  	 	45	  
		 		 	2.12.1	  	 Periodic Computations of Dollar Equivalent Amounts of Revolving Credit Loans that are Optional Currency Loans; Repayment in Same
Currency.
	  	 	45	  

  
 (i) 

											
		 		 	2.12.2	  	 Notices From Lenders That Optional Currencies Are Unavailable to Fund New Loans.
	  	 	45	  
		 		 	2.12.3	  	 Notices From Lenders That Optional Currencies Are Unavailable to Fund Renewals of the Euro-Rate Option.
	  	 	45	  
		 		 	2.12.4	  	 European Monetary Union.
	  	 	46	  
		 		 	2.12.5	  	 Requests for Additional Optional Currencies.
	  	 	47	  
			
	3.	 	 TERM LOANS
	  	 	47	  
		 	3.1	 	 Term Loan Commitments.
	  	 	47	  
		 	3.2	 	 Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms.
	  	 	47	  
			
	4.	 	 INTEREST RATES
	  	 	48	  
		 	4.1	 	 Interest Rate Options.
	  	 	48	  
		 		 	4.1.1	  	 Revolving Credit Interest Rate Options; Swing Line Interest Rate.
	  	 	48	  
		 		 	4.1.2	  	 Term Loan Interest Rate Options.
	  	 	48	  
		 		 	4.1.3	  	 Rate Quotations.
	  	 	49	  
		 	4.2	 	 Interest Periods.
	  	 	49	  
		 		 	4.2.1	  	 Amount of Borrowing Tranche.
	  	 	49	  
		 		 	4.2.2	  	 Renewals.
	  	 	49	  
		 	4.3	 	 Interest After Default.
	  	 	49	  
		 		 	4.3.1	  	 Letter of Credit Fees, Interest Rate.
	  	 	49	  
		 		 	4.3.2	  	 Other Obligations.
	  	 	49	  
		 		 	4.3.3	  	 Acknowledgment.
	  	 	49	  
		 	4.4	 	 Euro-Rate Unascertainable; Illegality; Increased Costs; Deposits Not Available.
	  	 	50	  
		 		 	4.4.1	  	 Unascertainable.
	  	 	50	  
		 		 	4.4.2	  	 Illegality; Increased Costs; Deposits Not Available.
	  	 	50	  
		 		 	4.4.3	  	 Administrative Agent’s and Lender’s Rights.
	  	 	50	  
		 	4.5	 	 Selection of Interest Rate Options.
	  	 	51	  
			
	5.	 	 PAYMENTS
	  	 	51	  
		 	5.1	 	 Payments.
	  	 	51	  
		 	5.2	 	 Pro Rata Treatment of Lenders.
	  	 	52	  
		 	5.3	 	 Sharing of Payments by Lenders.
	  	 	52	  
		 	5.4	 	 Presumptions by Administrative Agent.
	  	 	53	  
		 	5.5	 	 Interest Payment Dates.
	  	 	53	  
		 	5.6	 	 Voluntary Prepayments.
	  	 	53	  
		 		 	5.6.1	  	 Right to Prepay.
	  	 	53	  
		 		 	5.6.2	  	 Replacement of a Lender.
	  	 	54	  
		 		 	5.6.3	  	 Designation of a Different Lending Office.
	  	 	55	  
		 	5.7	 	 Increased Costs.
	  	 	55	  
		 		 	5.7.1	  	 Increased Costs Generally.
	  	 	55	  
		 		 	5.7.2	  	 Capital Requirements.
	  	 	56	  
		 		 	5.7.3	  	 Certificates for Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans.
	  	 	56	  
		 		 	5.7.4	  	 Delay in Requests.
	  	 	56	  
		 	5.8	 	 Taxes.
	  	 	57	  
		 		 	5.8.1	  	 Issuing Lender.
	  	 	57	  

  
 (ii) 

													
		 		 	 	5.8.2	  	  	 Payments Free of Taxes.
	  	 	57	  
		 		 	 	5.8.3	  	  	 Payment of Other Taxes by the Loan Parties.
	  	 	57	  
		 		 	 	5.8.4	  	  	 Indemnification by the Loan Parties.
	  	 	57	  
		 		 	 	5.8.5	  	  	 Indemnification by the Lenders.
	  	 	57	  
		 		 	 	5.8.6	  	  	 Evidence of Payments.
	  	 	58	  
		 		 	 	5.8.7	  	  	 Status of Lenders.
	  	 	58	  
		 		 	 	5.8.8	  	  	 Treatment of Certain Refunds.
	  	 	60	  
		 		 	 	5.8.9	  	  	 Survival.
	  	 	60	  
		 	5.9	 	  
	 Indemnity.
	  	 	61	  
		 	5.10	 	  
	 Settlement Date Procedures.
	  	 	61	  
		 	5.11	 	  
	 Currency Fluctuations.
	  	 	62	  
		 	5.12	 	  
	 Currency Conversion Procedures for Judgments.
	  	 	62	  
		 	5.13	 	  
	 Indemnity in Certain Events.
	  	 	62	  
			
	6.	 	 REPRESENTATIONS AND WARRANTIES
	  	 	62	  
		 	6.1	 	  
	 Representations and Warranties.
	  	 	62	  
		 		 	 	6.1.1	  	  	 Organization and Qualification.
	  	 	62	  
		 		 	 	6.1.2	  	  	 Capitalization and Ownership.
	  	 	62	  
		 		 	 	6.1.3	  	  	 Subsidiaries.
	  	 	62	  
		 		 	 	6.1.4	  	  	 Power and Authority.
	  	 	63	  
		 		 	 	6.1.5	  	  	 Validity and Binding Effect.
	  	 	63	  
		 		 	 	6.1.6	  	  	 No Conflict.
	  	 	63	  
		 		 	 	6.1.7	  	  	 Litigation.
	  	 	63	  
		 		 	 	6.1.8	  	  	 Title to Properties.
	  	 	64	  
		 		 	 	6.1.9	  	  	 Financial Statements.
	  	 	64	  
		 		 	 	6.1.10	  	  	 Margin Stock.
	  	 	64	  
		 		 	 	6.1.11	  	  	 Full Disclosure.
	  	 	65	  
		 		 	 	6.1.12	  	  	 Taxes.
	  	 	65	  
		 		 	 	6.1.13	  	  	 Consents and Approvals.
	  	 	65	  
		 		 	 	6.1.14	  	  	 No Event of Default; Compliance with Instruments.
	  	 	65	  
		 		 	 	6.1.15	  	  	 Patents, Trademarks, Copyrights, Licenses, Etc.
	  	 	65	  
		 		 	 	6.1.16	  	  	 Insurance.
	  	 	66	  
		 		 	 	6.1.17	  	  	 Compliance with Laws.
	  	 	66	  
		 		 	 	6.1.18	  	  	 Material Contracts; Burdensome Restrictions.
	  	 	66	  
		 		 	 	6.1.19	  	  	 Investment Companies; Regulated Entities.
	  	 	66	  
		 		 	 	6.1.20	  	  	 Plans and Benefit Arrangements.
	  	 	66	  
		 		 	 	6.1.21	  	  	 Environmental Matters.
	  	 	67	  
		 		 	 	6.1.22	  	  	 Solvency.
	  	 	67	  
		 		 	 	6.1.23	  	  	 Anti-Money Laundering/International Trade Law Compliance.
	  	 	67	  
		 		 	 	6.1.24	  	  	 Senior Debt Status.
	  	 	68	  
		 	6.2	 	  
	 Updates to Schedules.
	  	 	68	  
			
	7.	 	 CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT
	  	 	68	  
		 	7.1	 	  
	 First Loans and Letters of Credit.
	  	 	68	  
		 		 	 	7.1.1	  	  	 Deliveries.
	  	 	68	  
		 		 	 	7.1.2	  	  	 Payment of Fees.
	  	 	69	  
		 	7.2	 	  
	 Each Loan or Letter of Credit.
	  	 	70	  

  
 (iii) 

											
	8.	 	 COVENANTS
	  	 	70	  
		 	8.1	 	 Affirmative Covenants.
	  	 	70	  
		 		 	8.1.1	  	 Preservation of Existence, Etc.
	  	 	70	  
		 		 	8.1.2	  	 Payment of Liabilities, Including Taxes, Etc.
	  	 	70	  
		 		 	8.1.3	  	 Maintenance of Insurance.
	  	 	70	  
		 		 	8.1.4	  	 Maintenance of Properties and Leases.
	  	 	71	  
		 		 	8.1.5	  	 Visitation Rights.
	  	 	71	  
		 		 	8.1.6	  	 Keeping of Records and Books of Account.
	  	 	71	  
		 		 	8.1.7	  	 Compliance with Laws; Use of Proceeds.
	  	 	71	  
		 		 	8.1.8	  	 Anti-Terrorism Laws.
	  	 	71	  
		 		 	8.1.9	  	 Keepwell.
	  	 	72	  
		 		 	8.1.10	  	 Plans and Benefit Arrangements.
	  	 	72	  
		 		 	8.1.11	  	 Subordination of Intercompany Loans.
	  	 	72	  
		 		 	8.1.12	  	 Tax Shelter Regulations.
	  	 	72	  
		 		 	8.1.13	  	 Target Acquisition.
	  	 	73	  
		 	8.2	 	 Negative Covenants.
	  	 	73	  
		 		 	8.2.1	  	 Indebtedness.
	  	 	73	  
		 		 	8.2.2	  	 Liens; Lien Covenants.
	  	 	74	  
		 		 	8.2.3	  	 Guaranties.
	  	 	74	  
		 		 	8.2.4	  	 Loans and Investments.
	  	 	74	  
		 		 	8.2.5	  	 Dividends and Related Distributions.
	  	 	74	  
		 		 	8.2.6	  	 Liquidations, Mergers, Consolidations, Acquisitions.
	  	 	75	  
		 		 	8.2.7	  	 Dispositions of Assets or Subsidiaries.
	  	 	76	  
		 		 	8.2.8	  	 Affiliate Transactions.
	  	 	76	  
		 		 	8.2.9	  	 Subsidiaries, Partnerships and Joint Ventures.
	  	 	77	  
		 		 	8.2.10	  	 Continuation of or Change in Business.
	  	 	77	  
		 		 	8.2.11	  	 Plans and Benefit Arrangements.
	  	 	78	  
		 		 	8.2.12	  	 Fiscal Year.
	  	 	78	  
		 		 	8.2.13	  	 Issuance of Stock.
	  	 	78	  
		 		 	8.2.14	  	 Changes in Organizational Documents.
	  	 	79	  
		 		 	8.2.15	  	 Inactive Subsidiaries.
	  	 	79	  
		 		 	8.2.16	  	 Limitation on Negative Pledges.
	  	 	79	  
		 		 	8.2.17	  	 Maximum Consolidated Leverage Ratio.
	  	 	79	  
		 		 	8.2.18	  	 Minimum Consolidated Interest Coverage Ratio.
	  	 	79	  
		 	8.3	 	 Reporting Requirements.
	  	 	79	  
		 		 	8.3.1	  	 Quarterly Financial Statements.
	  	 	79	  
		 		 	8.3.2	  	 Annual Financial Statements.
	  	 	80	  
		 		 	8.3.3	  	 Certificate of the Borrower.
	  	 	80	  
		 		 	8.3.4	  	 Target Financial Statements.
	  	 	80	  
		 		 	8.3.5	  	 Notices.
	  	 	80	  
			
	9.	 	 DEFAULT
	  	 	82	  
		 	9.1	 	 Events of Default.
	  	 	82	  
		 		 	9.1.1	  	 Payments Under Loan Documents.
	  	 	82	  
		 		 	9.1.2	  	 Breach of Warranty.
	  	 	82	  
		 		 	9.1.3	  	 Breach of Negative Covenants or Visitation Rights.
	  	 	82	  
		 		 	9.1.4	  	 Breach of Other Covenants.
	  	 	82	  

  
 (iv) 

											
		 		 	9.1.5	  	 Defaults in Other Agreements or Indebtedness.
	  	 	82	  
		 		 	9.1.6	  	 Final Judgments or Orders.
	  	 	82	  
		 		 	9.1.7	  	 Loan Document Unenforceable.
	  	 	83	  
		 		 	9.1.8	  	 Uninsured Losses; Proceedings Against Assets.
	  	 	83	  
		 		 	9.1.9	  	 Events Relating to Plans and Benefit Arrangements.
	  	 	83	  
		 		 	9.1.10	  	 Change of Control.
	  	 	84	  
		 		 	9.1.11	  	 Relief Proceedings.
	  	 	84	  
		 	9.2	 	 Consequences of Event of Default.
	  	 	84	  
		 		 	9.2.1	  	 Events of Default Other Than Relief Proceedings.
	  	 	84	  
		 		 	9.2.2	  	 Relief Proceedings.
	  	 	84	  
		 		 	9.2.3	  	 Set-off.
	  	 	84	  
		 		 	9.2.4	  	 Application of Proceeds.
	  	 	85	  
			
	10.	 	 THE ADMINISTRATIVE AGENT
	  	 	86	  
		 	10.1	 	 Appointment and Authority.
	  	 	86	  
		 	10.2	 	 Rights as a Lender.
	  	 	86	  
		 	10.3	 	 Exculpatory Provisions.
	  	 	86	  
		 	10.4	 	 Reliance by Administrative Agent.
	  	 	87	  
		 	10.5	 	 Delegation of Duties.
	  	 	88	  
		 	10.6	 	 Resignation of Administrative Agent.
	  	 	88	  
		 	10.7	 	 Non-Reliance on Administrative Agent and Other Lenders.
	  	 	89	  
		 	10.8	 	 No Other Duties, etc.
	  	 	89	  
		 	10.9	 	 Administrative Agent’s Fee.
	  	 	89	  
		 	10.10	 	 Authorization to Release Guarantors.
	  	 	89	  
		 	10.11	 	 No Reliance on Administrative Agent’s Customer Identification Program.
	  	 	89	  
			
	11.	 	 MISCELLANEOUS
	  	 	90	  
		 	11.1	 	 Modifications, Amendments or Waivers.
	  	 	90	  
		 		 	11.1.1	  	 Increase of Commitment.
	  	 	90	  
		 		 	11.1.2	  	 Extension of Payment; Reduction of Principal, Interest or Fees; Modification of Terms of Payment.
	  	 	90	  
		 		 	11.1.3	  	 Release of Guarantor.
	  	 	90	  
		 		 	11.1.4	  	 Miscellaneous.
	  	 	90	  
		 	11.2	 	 No Implied Waivers; Cumulative Remedies.
	  	 	91	  
		 	11.3	 	 Expenses; Indemnity; Damage Waiver.
	  	 	91	  
		 		 	11.3.1	  	 Costs and Expenses.
	  	 	91	  
		 		 	11.3.2	  	 Indemnification by the Loan Parties.
	  	 	91	  
		 		 	11.3.3	  	 Reimbursement by Lenders.
	  	 	92	  
		 		 	11.3.4	  	 Waiver of Consequential Damages, Etc.
	  	 	92	  
		 		 	11.3.5	  	 Payments.
	  	 	93	  
		 	11.4	 	 Holidays.
	  	 	93	  
		 	11.5	 	 Notices; Effectiveness; Electronic Communication.
	  	 	93	  
		 		 	11.5.1	  	 Notices Generally.
	  	 	93	  
		 		 	11.5.2	  	 Electronic Communications.
	  	 	93	  
		 		 	11.5.3	  	 Change of Address, Etc.
	  	 	94	  
		 	11.6	 	Severability.	  	 	94	  
		 	11.7	 	Duration; Survival.	  	 	94	  

  
 (v) 

											
		 	11.8	 	 Successors and Assigns.
	  	 	94	  
		 		 	11.8.1	  	 Successors and Assigns Generally.
	  	 	94	  
		 		 	11.8.2	  	 Assignments by Lenders.
	  	 	95	  
		 		 	11.8.3	  	 Register.
	  	 	96	  
		 		 	11.8.4	  	 Participations.
	  	 	96	  
		 		 	11.8.5	  	 Certain Pledges; Successors and Assigns Generally.
	  	 	97	  
		 	11.9	 	Confidentiality.	  	 	98	  
		 		 	11.9.1	  	 General.
	  	 	98	  
		 		 	11.9.2	  	 Sharing Information With Affiliates of the Lenders.
	  	 	98	  
		 	11.10	 	 Counterparts; Integration; Effectiveness.
	  	 	98	  
		 		 	11.10.1	  	 Counterparts; Integration; Effectiveness.
	  	 	98	  
		 	11.11	 	 CHOICE OF LAW; SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE OF PROCESS; WAIVER OF JURY TRIAL.
	  	 	99	  
		 		 	11.11.1	  	 Governing Law.
	  	 	99	  
		 		 	11.11.2	  	 SUBMISSION TO JURISDICTION.
	  	 	99	  
		 		 	11.11.3	  	 WAIVER OF VENUE.
	  	 	99	  
		 		 	11.11.4	  	 SERVICE OF PROCESS.
	  	 	100	  
		 		 	11.11.5	  	 WAIVER OF JURY TRIAL.
	  	 	100	  
		 	11.12	 	 USA Patriot Act Notice.
	  	 	100	  
		 	11.13	 	 Joinder of Guarantors.
	  	 	100	  
		 	11.14	 	 Amendment and Restatement.
	  	 	101	  

  
 (vi) 

 LIST OF SCHEDULES AND EXHIBITS 

SCHEDULES 
  

					
	SCHEDULE 1.1(A)	  	-	    	PRICING GRID
	SCHEDULE 1.1(B)	  	-	    	COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES
	SCHEDULE 1.1(C)	  	-	    	ADDITIONAL COSTS
	SCHEDULE 1.1(P)	  	-	    	PERMITTED LIENS
	SCHEDULE 2.8.1	  	-	    	OUTSTANDING LETTERS OF CREDIT
	SCHEDULE 6.1.3	  	-	    	SUBSIDIARIES
	SCHEDULE 6.1.16	  	-	    	INSURANCE
	SCHEDULE 6.1.20	  	-	    	ERISA MATTERS
	SCHEDULE 6.1.21	  	-	    	ENVIRONMENTAL DISCLOSURES
	SCHEDULE 8.2.1	  	-	    	PERMITTED INDEBTEDNESS
	SCHEDULE 8.2.4	  	-	    	EXISTING LOANS AND INVESTMENTS
	SCHEDULE 8.2.9	  	-	    	EXISTING INVESTMENTS IN PERMITTED JOINT VENTURES
	  
 EXHIBITS

 
	  		    	
	EXHIBIT 1.1(A)	  	-	    	ASSIGNMENT AND ASSUMPTION AGREEMENT
	EXHIBIT 1.1(G)(1)	  	-	    	GUARANTOR JOINDER
	EXHIBIT 1.1(G)(2)	  	-	    	GUARANTY AGREEMENT
	EXHIBIT 1.1(I)	  	-	    	INTERCOMPANY SUBORDINATION AGREEMENT
	EXHIBIT 1.1(N)(1)	  	-	    	REVOLVING CREDIT NOTE
	EXHIBIT 1.1(N)(2)	  	-	    	SWING LOAN NOTE
	EXHIBIT 1.1(N)(3)	  	-	    	TERM LOAN NOTE
	EXHIBIT 2.4.1	  	-	    	LOAN REQUEST
	EXHIBIT 2.4.2	  	-	    	SWING LOAN REQUEST
	EXHIBIT 2.10	  	-	    	LENDER JOINDER
	EXHIBIT 5.8.7(A)	  	-	    	U.S. TAX COMPLIANCE CERTIFICATE (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)
	EXHIBIT 5.8.7 (B)	  	-	    	U.S. TAX COMPLIANCE CERTIFICATE (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes)
	EXHIBIT 5.8.7 (C)	  	-	    	U.S. TAX COMPLIANCE CERTIFICATE (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)
	EXHIBIT 5.8.7 (D)	  	-	    	U.S. TAX COMPLIANCE CERTIFICATE (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)
	EXHIBIT 8.2.6	  	-	    	ACQUISITION COMPLIANCE CERTIFICATE
	EXHIBIT 8.3.3	  	-	    	QUARTERLY COMPLIANCE CERTIFICATE

  
 (vii) 

 SECOND AMENDED AND RESTATED CREDIT AGREEMENT 

THIS SECOND AMENDED AND RESTATED CREDIT AGREEMENT (as hereafter amended, modified, supplemented or restated, the “Agreement”)
is dated as of September 10, 2013 and is made by and among II-VI INCORPORATED, a Pennsylvania corporation (the “Borrower”), each of the GUARANTORS (as hereinafter defined), the LENDERS (as hereinafter defined), and PNC BANK,
NATIONAL ASSOCIATION, in its capacity as administrative agent for the Lenders under this Agreement (hereinafter referred to in such capacity as the “Administrative Agent”). 

The Borrower has requested the Lenders to provide (i) a revolving credit facility to the Borrower in an aggregate principal amount not to
exceed $225,000,000, subject to increase as set forth in Section 2.10 [Increase in Revolving Credit Commitments] hereof, and (ii) a term loan facility in an aggregate principal amount of $100,000,000. In consideration of their mutual
covenants and agreements hereinafter set forth and intending to be legally bound hereby, the parties hereto covenant and agree as follows: 

1. CERTAIN DEFINITIONS 

1.1 Certain Definitions. In addition to words and terms defined elsewhere in this Agreement, the following words and terms shall have
the following meanings, respectively, unless the context hereof clearly requires otherwise: 
 Acquisition shall mean that certain
transaction contemplated by a Share and Asset Purchase Agreement between II-VI Holdings B.V. and Oclaro Technology LTD related to the Target. 

Acquisition Compliance Certificate shall have the meaning specified in Section 8.1.13 [Target Acquisition]. 

Acquisition Documents shall mean the purchase agreement related to the Acquisition and any related acquisition documents including
board or equivalent governing body approval (including all amendments, supplements, schedules and exhibits thereto). 
 Additional
Costs shall mean in relation to any Loan that is denominated in Euros or pounds sterling for any Interest Period, the cost as calculated by each Lender in accordance with Schedule 1.1(C) of compliance with the mandatory liquid assets
requirements or other reserve, special deposit, assessment or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender (or its applicable lending office) of the Bank of England, the European
Central Bank or other applicable central bank or similar authority, as applicable, during that Interest Period. 
 Adjusted Consolidated
EBITDA shall mean, for any period, the consolidated net income (or net loss) of any Person for such period as determined in accordance with GAAP plus the sum of (i) interest expense, (ii) total income tax expense,
(iii) amortization and depreciation expense, (iv) non-cash share based compensation expense, and (v) any extraordinary or non-recurring losses, minus (i) non-cash share based compensation gains, and (ii) any
extraordinary 

 
or non-recurring gains which do not represent a cash item in such period or any future period, provided, however that for the purposes of this definition, with respect to (1) a business
acquired by such Person or any of its consolidated Subsidiaries pursuant to a Permitted Acquisition, Adjusted Consolidated EBITDA shall be calculated on a pro forma basis, using historical numbers, in accordance with GAAP as if the Permitted
Acquisition has been consummated at the beginning of such period and (2) a business or assets disposed of by such Person or any of its consolidated Subsidiaries pursuant to Section 8.2.7 [Disposition of Assets or Subsidiaries] hereof,
Adjusted Consolidated EBITDA shall be calculated in accordance with GAAP as if such disposition had been consummated at the beginning of such period. Adjusted Consolidated EBITDA shall be adjusted to the extent that the computation of Adjusted
Consolidated EBITDA includes a gain or loss with respect to Hedge Agreements as follows: Adjusted Consolidated EBITDA shall be (1) increased by any non-cash items of loss arising from such Hedge Agreement, in each case, net of any actual cash
payments related to the items giving rise to the loss and (2) decreased by any non-cash items of gain arising from such Hedge Agreement, in each case, net of any actual cash payments related to items giving rise to the gain. 

Administrative Agent shall mean PNC Bank, National Association, and its successors and assigns, in its capacity as administrative agent
hereunder. 
 Administrative Agent’s Fee shall have the meaning specified in Section 10.9 [Administrative Agent’s
Fee]. 
 Administrative Agent’s Letter shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

 Affiliate as to any Person shall mean any other Person (i) which directly or indirectly controls, is controlled by, or is
under common control with such Person, (ii) which beneficially owns or holds 5% or more of any class of the voting or other equity interests of such Person, or (iii) 5% or more of any class of voting interests or other equity interests of
which is beneficially owned or held, directly or indirectly, by such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly, to direct or cause the direction of the management and policies of
such Person, whether by contract or otherwise. 
 Anti-Terrorism Laws shall mean any Laws relating to terrorism or money laundering,
including Executive Order No. 13224, the USA Patriot Act, the Laws comprising or implementing the Bank Secrecy Act, and the Laws administered by the United States Treasury Department’s Office of Foreign Asset Control (as any of the
foregoing Laws may from time to time be amended, renewed, extended, or replaced). 
 Applicable Commitment Fee Rate shall mean the
percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.” 

Applicable Letter of Credit Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to
the pricing grid on Schedule 1.1(A) below the heading “Letter of Credit Fee.” 

  
 2 

 Applicable Margin shall mean, as applicable: 

(i) the percentage spread to be added to the Base Rate applicable to Revolving Credit Loans under the Base Rate Option based on the Leverage
Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Revolving Credit Base Rate Spread”, or 

(ii) the percentage spread to be added to the Euro-Rate applicable to Revolving Credit Loans under the Euro-Rate Option based on the Leverage
Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Revolving Credit Euro-Rate Spread”. 

(iii) the percentage spread to be added to the Base Rate applicable to Term Loans under the Base Rate Option based on the Leverage Ratio then
in effect according to the pricing grid on Schedule 1.1(A) below the heading “Term Loan Base Rate Spread”, or 
 (iv)
the percentage spread to be added to the Euro-Rate applicable to Term Loans under the Euro-Rate Option based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Term Loan
Euro-Rate Spread”. 
 Approved Fund shall mean any fund that is engaged in making, purchasing, holding or investing in bank
loans and similar extensions of credit in the ordinary course of business and that is administered or managed by (i) a Lender, (ii) an Affiliate of a Lender or (iii) an entity or an Affiliate of an entity that administers or manages a
Lender. 
 Assignment and Assumption Agreement shall mean an assignment and assumption agreement entered into by a Lender and an
assignee permitted under Section 11.8 [Successors and Assigns], in substantially the form of Exhibit 1.1(A). 

Authorized Officer shall mean, with respect to any Loan Party, the Chief Executive Officer, President, Chief Financial Officer,
Treasurer or Assistant Treasurer of such Loan Party, any manager or the members (as applicable) in the case of any Loan Party which is a limited liability company, or such other individuals, designated by written notice to the Administrative Agent
from the Borrower, authorized to execute notices, reports and other documents on behalf of such Loan Party required hereunder. The Borrower may amend such list of individuals from time to time by giving written notice of such amendment to the
Administrative Agent. 
 Base Rate shall mean, for any day, a fluctuating per annum rate of interest equal to the highest of
(i) the Federal Funds Open Rate, plus 50 basis points (0.5%), (ii) the Prime Rate, and (iii) the Daily Euro-Rate, plus 100 basis points (1.0%). Any change in the Base Rate (or any component thereof) shall take effect at
the opening of business on the day such change occurs. 
 Base Rate Option shall mean the option of the Borrower to have Loans bear
interest at the rate and under the terms set forth in either Section 4.1.1(i) [Revolving Credit Base Rate Options] or Section 4.1.2(i) [Term Loan Base Rate Options], as applicable. 

  
 3 

 Benefit Arrangement shall mean at any time an “employee benefit plan,” within
the meaning of Section 3(3) of ERISA, which is neither a Plan nor a Multiemployer Plan and which is (currently or hereafter), or within the prior six (6) years was, maintained, sponsored or otherwise contributed to by any member of the
ERISA Group. 
 Borrower shall have the meaning specified in the introductory paragraph. 

Borrowing Date shall mean, with respect to any Loan, the date for the making thereof or the renewal or conversion thereof at or to the
same or a different Interest Rate Option, which shall be a Business Day. 
 Borrowing Tranche shall mean specified portions of Loans
outstanding as follows: (i) any Loans to which a Euro-Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing
Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche. 
 Business Day shall
mean any day other than a Saturday or Sunday or a legal holiday on which commercial banks are authorized or required to be closed for business in Pittsburgh, Pennsylvania and if the applicable Business Day relates to any Loan to which the Euro-Rate
Option applies, such day must also be a day on which dealings are carried on in the London interbank market. 
 Capital Expenditures
shall mean for any period, with respect to any Person, the aggregate of all expenditures by such Person for the acquisition or leasing (pursuant to a capital lease) of fixed or capital assets or additions to equipment (including replacements,
capitalized repairs and improvements during such period) which are required to be capitalized under GAAP on a consolidated balance sheet of such Person. 

Capital Stock shall mean any and all shares, interests, participations or other equivalents (however designated) of capital stock of a
corporation, any and all equivalent ownership interests in a Person (other than a corporation) and any and all warrants, rights or options to purchase any of the foregoing. 

Cash Management Agreements shall have the meaning specified in Section 2.5.6 [Swing Loans Under Cash Management Agreements]. 

CEA shall mean the Commodity Exchange Act (7 U.S.C.§1 et seq.), as amended from time to time, and any successor statute. 

CFTC shall mean the Commodity Futures Trading Commission. 

Change in Law shall mean the occurrence, after the date of this Agreement, of any of the following: (i) the adoption or taking
effect of any Law, (ii) any change in any Law or in the administration, interpretation, implementation or application thereof by any Official Body or (iii) the making or issuance of any request, rule, guideline or directive (whether or not
having the force of Law) by any Official Body; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests,

  
 4 

 
rules, regulations, guidelines, interpretations or directives thereunder or issued in connection therewith (whether or not having the force of Law) and (y) all requests, rules, regulations,
guidelines, interpretations or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities (whether or
not having the force of Law), in each case pursuant to Basel III, shall in each case be deemed to be a Change in Law regardless of the date enacted, adopted, issued, promulgated or implemented. 

Change of Control shall mean (i) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d)
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), shall become, or obtain rights (whether by means or warrants, options or otherwise) to become, the “beneficial owner” (as defined in Rules 13(d)-3
and 13(d)-5 under the Exchange Act), directly or indirectly, of more than 20% of the Capital Stock of the Borrower, or (ii) within a period of twelve (12) consecutive calendar months, individuals who were directors of the Borrower on the
first day of such period shall cease to constitute a majority of the board of directors of the Borrower. 
 CIP Regulations shall
have the meaning specified in Section 10.11 [No Reliance on Administrative Agent’s Customer Identification Program]. 
 Closing
Agenda shall mean that certain Closing Agenda delivered by the Administrative Agent to the Borrower and its counsel. 
 Closing
Date shall mean the Business Day on which the first Loan shall be made, which shall be September 10, 2013. 
 Closing Date
Compliance Certificate shall have the meaning specified in Section 7.1.1(vi) [Deliveries]. 
 Code shall mean the Internal
Revenue Code of 1986, as the same may be amended or supplemented from time to time, and any successor statute of similar import, and the rules and regulations thereunder, as from time to time in effect. 

Commitment shall mean as to any Lender the aggregate of its Revolving Credit Commitment and Term Loan Commitment and, in the case of
PNC, its Swing Loan Commitment, and Commitments shall mean the aggregate of the Revolving Credit Commitments, Term Loan Commitments and Swing Loan Commitment of all of the Lenders. 

Commitment Fee shall have the meaning specified in Section 2.3 [Commitment Fees]. 

Compliance Authority means each and all of the (a) U.S. Treasury Department/Office of Foreign Assets Control, (b) U.S.
Treasury Department/Financial Crimes Enforcement Network, (c) U.S. State Department/Directorate of Defense Trade Controls, (d) U.S. Commerce Department/Bureau of Industry and Security, (e) U.S. Internal Revenue Service, (f) U.S.
Justice Department, and (g) U.S. Securities and Exchange Commission. 

  
 5 

 Compliance Certificate shall have the meaning specified in Section 8.3.3 [Certificate
of the Borrower]. 
 Computation Date shall have the meaning specified in Section 2.12.1 [Periodic Computations of Dollar
Equivalent amounts of Revolving Credit Loans; Repayment in Same Currency]. 
 Connection Income Taxes shall mean Other Connection
Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 

Consideration shall mean with respect to any Permitted Acquisition, the aggregate of (i) the cash paid by any of the Loan Parties,
directly or indirectly, to the seller in connection therewith, (ii) the Indebtedness incurred or assumed by any of the Loan Parties, whether in favor of the seller or otherwise and whether fixed or contingent, (iii) any Guaranty given or
incurred by any Loan Party in connection therewith, and (iv) any other consideration given or obligation incurred by any of the Loan Parties in connection therewith. 

Consignment Agreement shall mean the Consignment and/or Purchase of Platinum Agreement dated as of February 26, 2009 between II-VI
Incorporated and The Bank of Nova Scotia, as amended from time to time. 
 Consolidated EBITDA shall mean, for any period, the
consolidated net income (or net loss) of any Person for such period as determined in accordance with GAAP plus the sum of (i) interest expense, (ii) total income tax expense, (iii) amortization and depreciation expense,
(iv) non-cash share based compensation expense, and (v) any extraordinary or non-recurring losses, minus (i) non-cash share based compensation gains, and (ii) any extraordinary or non-recurring gains which do not represent
a cash item in such period or any future period. Consolidated EBITDA shall be adjusted to the extent that the computation of Consolidated EBITDA includes a gain or loss with respect to Hedge Agreements as follows: Consolidated EBITDA shall be
(1) increased by any non-cash items of loss arising from such Hedge Agreement, in each case, net of any actual cash payments related to the items giving rise to the loss and (2) decreased by any non-cash items of gain arising from such
Hedge Agreement, in each case, net of any actual cash payments related to items giving rise to the gain. 
 Consolidated Interest
Coverage Ratio shall mean, for any period, the ratio of Consolidated EBITDA to cash payments for interest expense in such period (including the interest component of capitalized leases). 

Consolidated Leverage Ratio shall mean the ratio of Consolidated Total Indebtedness to Adjusted Consolidated EBITDA. 

Consolidated Total Indebtedness shall mean the consolidated Indebtedness of a Person for such period; provided, however that
Consolidated Total Indebtedness shall exclude net obligations under a Hedge Agreement (exclusive of any mark to market adjustment not requiring any actual cash payment or settlement). 

  
 6 

 Contamination shall mean the presence or release or threat of release of Regulated
Substances in, on, under or emanating to or from the property, which pursuant to Environmental Laws requires notification or reporting to an Official Body, or which pursuant to Environmental Laws requires the investigation, cleanup, removal,
remediation, containment, abatement of or other response action or which otherwise constitutes a violation of Environmental Laws. 

Covered Entity means the Borrower, its Affiliates and Subsidiaries, all Guarantors, all owners of the foregoing, and all brokers or
other agents of the Borrower acting in any capacity in connection with the Loans. 
 D Acquisition shall mean that certain
transaction contemplated by an Option Agreement between II-VI Holdings B.V. and Oclaro Technology LTD related to the Target. 
 Daily
Euro-Rate shall mean, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day. 

Defaulting Lender shall mean any Lender that (a) has failed, within two Business Days of the date required to be funded or paid,
to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or Swing Loans or (iii) pay over to the Administrative Agent, the Issuing Lender, PNC (as the Swing Loan Lender) or any Lender any
other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender’s good faith determination that a condition
precedent to funding (specifically identified and including the particular default, if any) has not been satisfied, (b) has notified the Borrower or the Administrative Agent in writing, or has made a public statement to the effect, that it does
not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender’s good faith determination that a condition precedent
(specifically identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within two Business
Days after request by the Administrative Agent or the Borrower, acting in good faith, to provide a certification in writing from an authorized officer of such Lender that it will comply with its obligations (and is financially able to meet such
obligations) to fund prospective Loans and participations in then outstanding Letters of Credit and Swing Loans under this Agreement, provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon the
Administrative Agent’s or the Borrower’s receipt of such certification in form and substance satisfactory to the Administrative Agent or the Borrower, as the case may be, (d) has become the subject of a Bankruptcy Event or
(e) has failed at any time to comply with the provisions of Section 5.3 [Sharing of Payments by Lenders] with respect to purchasing participations from the other Lenders, whereby such Lender’s share of any payment received, whether by
setoff or otherwise, is in excess of its Ratable Share of such payments due and payable to all of the Lenders. 
 As used in this definition
and in Section 2.11 [Defaulting Lenders], the term “Bankruptcy Event” means, with respect to any Person, such Person or such Person’s direct or indirect parent company becoming the subject of a bankruptcy or insolvency
proceeding, or 

  
 7 

 
having had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business
appointed for it, or, in the good faith determination of the Administrative Agent, has taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any such proceeding or appointment, provided that a Bankruptcy
Event shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person or such Person’s direct or indirect parent company by an Official Body or instrumentality thereof if, and only if,
such ownership interest does not result in or provide such Person with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such
Official Body or instrumentality) to reject, repudiate, disavow or disaffirm any contracts or agreements made by such Person. 
 Dollar,
Dollars, U.S. Dollars and the symbol $ shall mean lawful money of the United States of America. 
 Dollar Equivalent shall
mean, with respect to any amount of any currency, as of any Computation Date, the Equivalent Amount of such currency expressed in Dollars. 

Drawing Date shall have the meaning specified in Section 2.8.3 [Disbursements, Reimbursement]. 

Eastern Time shall mean standard time in the fifth time zone west of Greenwich, reckoned at the 75th meridian, used in the eastern United States. 
 Effective Date means the date
indicated in a document or agreement to be the date on which such document or agreement becomes effective, or, if there is no such indication, the date of execution of such document or agreement. 

Eligible Contract Participant shall mean an “eligible contract participant” as defined in the CEA and regulations thereunder.

 Eligibility Date shall mean, with respect to each Loan Party and each Swap, the date on which this Agreement or any other Loan
Document becomes effective with respect to such Swap (for the avoidance of doubt, the Eligibility Date shall be the Effective Date of such Swap if this Agreement or any other Loan Document is then in effect with respect to such Loan Party, and
otherwise it shall be the Effective Date of this Agreement and/or such other Loan Document(s) to which such Loan Party is a party). 

Environmental Laws shall mean all federal, state, local, tribal, territorial and foreign Laws (including common law), constitutions,
statutes, treaties, regulations, rules, ordinances and codes and any consent decrees, settlement agreements, judgments, orders, directives, policies or programs issued by or entered into with an Official Body applicable to the Loan Parties and their
Subsidiaries pertaining or relating to: (i) pollution or pollution control; (ii) protection of human health from exposure to Regulated Substances; (iii) protection of the environment and/or natural resources; (iv) employee safety
in the workplace; (v) the presence, use, management, generation, manufacture, processing, extraction, treatment, recycling, refining, reclamation, labeling, packaging, sale, transport, storage, collection, distribution, disposal or release or
threat of release of regulated substances; (vi) the presence of Contamination; (vii) the protection of endangered or threatened species; and (viii) the protection of Environmentally Sensitive Areas. 

  
 8 

 Environmentally Sensitive Area shall mean (i) any wetland as defined by applicable
Environmental Laws; (ii) any area designated as a coastal zone pursuant to applicable Laws, including Environmental Laws; (iii) any area of historic or archeological significance or scenic area as defined or designated by applicable Laws,
including Environmental Laws; (iv) habitats of endangered species or threatened species as designated by applicable Laws, including Environmental Laws; or (v) a floodplain or other flood hazard area as defined pursuant to any applicable
Laws. 
 Equivalent Amount shall mean, at any time, as determined by the Administrative Agent (which determination shall be
conclusive absent manifest error), with respect to an amount of any currency (the “Reference Currency”) which is to be computed as an equivalent amount of another currency (the “Equivalent Currency”), the amount of
such Equivalent Currency converted from such Reference Currency at Administrative Agent’s spot-selling rate (based on the market rates then prevailing and available to the Administrative Agent) for the sale of such Equivalent Currency for such
Reference Currency at a time determined by the Administrative Agent on the second Business Day immediately preceding the event for which such calculation is made. 

ERISA shall mean the Employee Retirement Income Security Act of 1974, as the same may be amended or supplemented from time to time, and
any successor statute of similar import, and the rules and regulations thereunder, as from time to time in effect. 
 ERISA Event
shall mean, (a) any Reportable Event, (b) any Prohibited Transaction, (c) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon Borrower or
any other member of the ERISA Group, (d) any partial or complete withdrawal from a Multiemployer Plan by the Borrower or any other member of the ERISA Group under Title IV of ERISA, any assertion thereof or any notification that a Multiemployer
Plan is in reorganization, (e) any cessation of operations (by the Borrower or any other member of the ERISA Group) at a facility in circumstances described in Section 4062 of ERISA, (f) the withdrawal by the Borrower or any other
member of the ERISA Group from a Multiple Employer Plan, (g) the filing of a notice of intent to terminate or the treatment of a Plan amendment as a termination under Sections 4041 or 4041A of ERISA, or the commencement of proceedings by the
PBGC to terminate a Plan, (h) an event or condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan, (i) any change in the actuarial assumptions or
funding methods used for any Plan, where the effect of such change is to materially increase or materially reduce the unfunded benefit liability or obligation to make periodic contributions, (j) any application for an approval of Borrower or
any other member of the ERISA Group for a waiver of the minimum funding standards of Section 412, 430, 432 and 436 of the Code or Section 302, 303, 304 or 305 of ERISA, or (k) any receipt of certification by the responsible actuary
that any Plan is considered an at-risk plan in endangered or critical status within the meaning of Sections 430, 431 and 432 of the Code or Sections 303, 304 or 305 of ERISA or that any Plan’s adjusted funding target attainment percentage (as
defined in Section 436 of the Code) is less than 80%. 

  
 9 

 ERISA Group shall mean, at any time, the Borrower and all members of a controlled group of
corporations and all trades or businesses (whether or not incorporated) under common control and all other entities which, together with the Borrower, are treated as a single employer under Section 414 of the Code or Section 4001(b)(1) of
ERISA. 
 Euro-Rate shall mean the following: 

(a) with respect to Dollar Loans comprising any Borrowing Tranche to which the Euro-Rate Option applies for any Interest Period, the interest
rate per annum determined by the Administrative Agent by dividing (the resulting quotient rounded upwards, if necessary, to the nearest 1/100th of 1% per annum) (i) the rate which appears on the Bloomberg Page BBAM1 (or on such other
substitute Bloomberg page that displays rates at which Dollar deposits are offered by leading banks in the London interbank deposit market), or the rate which is quoted by another source selected by the Administrative Agent which has been approved
by the British Bankers’ Association as an authorized information vendor for the purpose of displaying rates at which US Dollar deposits are offered by leading banks in the London interbank deposit market (for purposes hereof, an
“Alternate Source”), at approximately 11:00 a.m., London time, two (2) Business Days prior to the commencement of such Interest Period as the London interbank offered rate for Dollars for an amount comparable to the principal
amount of such Borrowing Tranche and having a borrowing date and a maturity comparable to such Interest Period (or if there shall at any time, for any reason, no longer exist a Bloomberg Page BBAM1 (or any substitute page) or any Alternate Source, a
comparable replacement rate determined by the Administrative Agent at such time (which determination shall be conclusive absent manifest error)), by (ii) a number equal to 1.00 minus the Euro-Rate Reserve Percentage. The Euro-Rate with respect
to Dollar Loans may also be expressed by the following formula: 
  

			
	Euro-Rate =	  	 London interbank offered rate quoted by Bloomberg or

appropriate successor as shown on Bloomberg Page BBAM1

	  	1.00 - Euro-Rate Reserve Percentage

 The Euro-Rate shall be adjusted with respect to any Loan to which the Euro-Rate Option applies that is
outstanding on the effective date of any change in the Euro-Rate Reserve Percentage as of such effective date. The Administrative Agent shall give prompt notice to the Borrower of the Euro-Rate as determined or adjusted in accordance herewith, which
determination shall be conclusive absent manifest error. 
 (b) with respect to Optional Currency Loans in currency other than Euro
comprising any Borrowing Tranche to which the Euro-Rate Option applies for any Interest Period, the interest rate per annum determined by Administrative Agent by dividing (i) the rate which appears on the Bloomberg Page BBAM1 (or on such other
substitute Bloomberg page that displays rates at which deposits in the relevant Optional Currency are offered by leading banks in the Relevant Interbank Market), or the rate which is quoted by an Alternate Source, at approximately 11:00 a.m., London
time, two (2) Business Days prior to the commencement of such Interest Period as the Relevant Interbank Market offered rate for deposits in the relevant Optional Currency for an amount comparable to the principal amount of such Borrowing
Tranche and having a borrowing date and a maturity comparable to such Interest Period (or if there shall at any time, for any reason, no longer exist a Bloomberg Page BBAM1 (or any 

  
 10 

 
substitute page) or any Alternate Source, a comparable replacement rate determined by the Administrative Agent at such time (which determination shall be conclusive absent manifest error)), by
(ii) a number equal to 1.00 minus the Euro-Rate Reserve Percentage. Such Euro-Rate may also be expressed by the following formula: 
  

			
	Euro-Rate =	 	 Relevant Interbank Market offered rate quoted by Bloomberg or

appropriate successor as shown on Bloomberg Page BBAM1

	 	1.00 - Euro-Rate Reserve Percentage

 The Euro-Rate shall be adjusted with respect to any Loan to which the Euro-Rate Option applies that is
outstanding on the effective date of any change in the Euro-Rate Reserve Percentage as of such effective date. The Administrative Agent shall give prompt notice to the Borrower of the Euro-Rate as determined or adjusted in accordance herewith, which
determination shall be conclusive absent manifest error. The Euro-Rate for any Loans shall be based upon the Euro-Rate for the currency in which such Loans are requested. 

(c) with respect to Optional Currency Loans denominated in Euro comprising any Borrowing Tranche to which the Euro-Rate Option applies for any
Interest Period, the interest rate per annum determined by Administrative Agent by dividing (i) the rate which appears on the Bloomberg Page BBAM1 (or on such other substitute Bloomberg page that displays rates at which deposits in Euro are
offered by leading banks in the Relevant Interbank Market) or the rate which is quoted by an Alternate Source, at approximately 11:00 a.m., Brussels time, two (2) Business Days prior to the commencement of such Interest Period as the
Relevant Interbank Market offered rate for deposits in Euro for an amount comparable to the principal amount of such Borrowing Tranche and having a borrowing date and a maturity comparable to such Interest Period (or if there shall at any time, for
any reason, no longer exist a Bloomberg Page BBAM1 (or any substitute page) or any Alternate Source, a comparable replacement rate determined by the Administrative Agent at such time (which determination shall be conclusive absent manifest error)),
by (ii) a number equal to 1.00 minus the Euro-Rate Reserve Percentage. Such Euro-Rate may also be expressed by the following formula: 
  

			
	Euro-Rate =	 	 London interbank offered rate quoted by Bloomberg or

appropriate successor as shown on Bloomberg Page BBAM1

	 	1.00 - Euro-Rate Reserve Percentage

 The Euro-Rate shall be adjusted with respect to any Loan to which the Euro-Rate Option applies that is
outstanding on the effective date of any change in the Euro-Rate Reserve Percentage as of such effective date. The Administrative Agent shall give prompt notice to the Borrower of the Euro-Rate as determined or adjusted in accordance herewith, which
determination shall be conclusive absent manifest error. The Euro-Rate for any Loans shall be based upon the Euro-Rate for the currency in which such Loans are requested. 

Euro-Rate Option shall mean the option of the Borrower to have Loans bear interest at the rate and under the terms and conditions set
forth in Section 4.1.1(ii). 
 Euro-Rate Reserve Percentage shall mean as of any day the maximum percentage in effect on such
day, (i) as prescribed by the Board of Governors of the Federal Reserve System 

  
 11 

 
(or any successor) for determining the reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding (currently referred to as
“Eurocurrency Liabilities”); and (ii) to be maintained by a Lender as required for reserve liquidity, special deposit, or similar purpose by any governmental or monetary authority of any country or political subdivision thereof
(including any central bank), against (A) any category of liabilities that includes deposits by reference to which a Euro-Rate is to be determined, or (B) any category of extension of credit or other assets that includes Loans or Borrowing
Tranches to which a Euro-Rate applies. 
 European Interbank Market shall mean the European interbank market for Euro operating in
Participating Member States. 
 Event of Default shall mean any of the events described in Section 9.1 [Events of Default] and
referred to therein as an “Event of Default.” 
 Exchange Act shall mean the Securities Exchange Act of 1934, as amended.

 Excluded Hedge Liability or Liabilities shall mean, with respect to each Loan Party, each of its Swap Obligations if, and only to
the extent that, all or any portion of this Agreement or any other Loan Document that relates to such Swap Obligation is or becomes illegal under the CEA, or any rule, regulation or order of the CFTC, solely by virtue of such Loan Party’s
failure to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap. Notwithstanding anything to the contrary contained in the foregoing or in any other provision of this Agreement or any other Loan Document, the foregoing
is subject to the following provisos: (a) if a Swap Obligation arises under a master agreement governing more than one Swap, this definition shall apply only to the portion of such Swap Obligation that is attributable to Swaps for which such
guaranty or security interest is or becomes illegal under the CEA, or any rule, regulations or order of the CFTC, solely as a result of the failure by such Loan Party for any reason to qualify as an Eligible Contract Participant on the Eligibility
Date for such Swap, (b) if a guarantee of a Swap Obligation would cause such obligation to be an Excluded Hedge Liability but the grant of a security interest would not cause such obligation to be an Excluded Hedge Liability, such Swap
Obligation shall constitute an Excluded Hedge Liability for purposes of the guaranty but not for purposes of the grant of the security interest, and (c) if there is more than one Loan Party executing this Agreement or the other Loan Documents
and a Swap Obligation would be an Excluded Hedge Liability with respect to one or more of such Persons, but not all of them, the definition of Excluded Hedge Liability or Liabilities with respect to each such Person shall only be deemed applicable
to (i) the particular Swap Obligations that constitute Excluded Hedge Liabilities with respect to such Person, and (ii) the particular Person with respect to which such Swap Obligations constitute Excluded Hedge Liabilities. 

Excluded Taxes shall mean any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted
from a payment to a Recipient, (i) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (a) imposed as a result of such Recipient being organized under the laws of, or
having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision 

  
 12 

 
thereof) or (b) that are Other Connection Taxes, (ii) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with
respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (a) such Lender acquires such interest in such Loan or Commitment (other than pursuant to an assignment request by the Borrower under
Section 5.6.2 [Replacement of a Lender]) or (b) such Lender changes its lending office, except in each case to the extent that, pursuant to Section 5.8.7 [Status of Lenders], amounts with respect to such Taxes were payable either to
such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its lending office, (iii) Taxes attributable to such Recipient’s failure to comply with Section 5.8.7
[Status of Lenders], and (iv) any U.S. federal withholding Taxes imposed under FATCA. (except to the extent imposed due to the failure of the Borrower to provide documentation or information to the IRS). 

Executive Order No. 13224 shall mean the Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001,
as the same has been, or shall hereafter be, renewed, extended, amended or replaced. 
 Existing Credit Agreement shall mean that
certain First Amended and Restated Credit Agreement, dated as of November 16, 2012, as amended prior to the date hereof, by and among Borrower, the guarantors party thereto, the banks party thereto and PNC Bank, National Association as the
administrative agent for the banks party thereto. 
 Expiration Date shall mean, with respect to the Revolving Credit Commitments,
September 10, 2018. 
 FATCA shall mean Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended
or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the
Code. 
 Federal Funds Effective Rate for any day shall mean the rate per annum (based on a year of 360 days and actual days elapsed
and rounded upward to the nearest 1/100 of 1%) announced by the Federal Reserve Bank of New York (or any successor) on such day as being the weighted average of the rates on overnight federal funds transactions arranged by federal funds brokers on
the previous trading day, as computed and announced by such Federal Reserve Bank (or any successor) in substantially the same manner as such Federal Reserve Bank computes and announces the weighted average it refers to as the “Federal Funds
Effective Rate” as of the date of this Agreement; provided, if such Federal Reserve Bank (or its successor) does not announce such rate on any day, the “Federal Funds Effective Rate” for such day shall be the Federal Funds
Effective Rate for the last day on which such rate was announced. 
 Federal Funds Open Rate for any day shall mean the rate per
annum (based on a year of 360 days and actual days elapsed) which is the daily federal funds open rate as quoted by ICAP North America, Inc. (or any successor) as set forth on the Bloomberg Screen BTMM for that day opposite the caption
“OPEN” (or on such other substitute Bloomberg Screen that displays such rate), or as set forth on such other recognized electronic source used for the 

  
 13 

 
purpose of displaying such rate as selected by the Administrative Agent (for purposes of this definition, an “Alternate Source”) (or if such rate for such day does not appear on
the Bloomberg Screen BTMM (or any substitute screen) or on any Alternate Source, or if there shall at any time, for any reason, no longer exist a Bloomberg Screen BTMM (or any substitute screen) or any Alternate Source, a comparable replacement rate
determined by the Administrative Agent at such time (which determination shall be conclusive absent manifest error); provided however, that if such day is not a Business Day, the Federal Funds Open Rate for such day shall be the “open”
rate on the immediately preceding Business Day. If and when the Federal Funds Open Rate changes, the rate of interest with respect to any advance to which the Federal Funds Open Rate applies will change automatically without notice to the Borrower,
effective on the date of any such change. 
 Foreign Currency Hedge shall mean any foreign exchange transaction, including spot and
forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar
transaction providing for the purchase of one currency in exchange for the sale of another currency. 
 Foreign Currency Hedge
Liabilities shall have the meaning assigned in the definition of Lender Provided Foreign Currency Hedge. 
 Foreign Lender shall
mean (i) if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (ii) if the Borrower is not a U.S. Person, a Lender that is resident or organized under the Laws of a jurisdiction other than that in which the Borrower is
resident for tax purposes. 
 GAAP shall mean generally accepted accounting principles as are in effect from time to time, subject to
the provisions of Section 1.3 [Accounting Principles; Changes in GAAP], and applied on a consistent basis both as to classification of items and amounts. 

Guarantor shall mean each of the parties to this Agreement which is designated as a “Guarantor” on the signature page hereof
and each other Person which joins this Agreement as a Guarantor after the date hereof. 
 Guarantor Joinder shall mean a joinder by a
Person as a Guarantor under the Loan Documents in the form of Exhibit 1.1(G)(1). 
 Guaranty of any Person shall mean any
obligation of such Person guaranteeing or in effect guaranteeing any liability or obligation of any other Person in any manner, whether directly or indirectly, including any agreement to indemnify or hold harmless any other Person, any performance
bond or other suretyship arrangement and any other form of assurance against loss, except (i) endorsement of negotiable or other instruments for deposit or collection in the ordinary course of business; and (ii) guaranties and
indemnification obligations directly related to the sale of goods or services by such Person in the ordinary course of business. 

Guaranty Agreement shall mean the Second Amended and Restated Continuing Agreement of Guaranty and Suretyship in substantially the form
of Exhibit 1.1(G)(2) executed and delivered by each of the Guarantors to the Administrative Agent for the benefit of the Lenders. 

  
 14 

 Hedge Agreements shall mean foreign exchange agreements, currency swap agreements,
interest rate exchange, collar, cap, swap, adjustable strike cap, adjustable strike corridor agreements or similar hedging agreements entered into by the Loan Parties or their Subsidiaries in the ordinary course of business and not for speculative
purposes. 
 ICC shall have the meaning specified in Section 11.11.1 [Governing Law]. 

IFRS shall mean the International Financial Reporting Standards issued by the International Accounting Standards Board in effect from
time to time. 
 Inactive Subsidiary shall mean any Subsidiary of the Borrower formed under the laws of the United States or any
state which is not party to this Agreement, by joinder or otherwise, and which has assets of less than $1,000,000 or gross revenue in any fiscal year of Borrower of less than $1,000,000. 

Increasing Lender shall have the meaning assigned to that term in Section 2.10 [Increase In Revolving Credit Commitments]. 

Indebtedness shall mean, as to any Person at any time, any and all indebtedness, obligations or liabilities (whether matured or
unmatured, liquidated or unliquidated, direct or indirect, absolute or contingent, or joint or several) of such Person for or in respect of: (i) borrowed money, (ii) amounts raised under or liabilities in respect of any note purchase or
acceptance credit facility, (iii) reimbursement obligations (contingent or otherwise) under any letter of credit or Hedge Agreement: (A) in the case of a Hedge Agreement that has been closed out, in an amount equal to the termination value
thereof and (B) in the case of a Hedge Agreement that has not been closed out, in an amount equal to the mark to market value thereof determined on the basis of readily available quotations provided by any recognized dealer in such Hedge
Agreements, (iv) any other transaction (including forward sale or purchase agreements, capitalized leases and conditional sales agreements) having the commercial effect of a borrowing of money entered into by such Person to finance its
operations or capital requirements (but not including trade payables and accrued expenses incurred in the ordinary course of business which are not represented by a promissory note or other evidence of indebtedness and which are not more than thirty
(30) days past due), or (v) any Guaranty of Indebtedness for borrowed money. 
 Indemnified Taxes shall mean
(i) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party under any Loan Document, and (ii) to the extent not otherwise described in the preceding
clause (i), Other Taxes. 
 Indemnitee shall have the meaning specified in Section 11.3.2 [Indemnification by the Loan
Parties]. 
 Information shall mean all information received from the Loan Parties or any of their Subsidiaries relating to the Loan
Parties or any of such Subsidiaries or any of their 

  
 15 

 
respective businesses, other than any such information that is available to the Administrative Agent, any Lender or the Issuing Lender on a
non-confidential basis prior to disclosure by the Loan Parties or any of their Subsidiaries, provided that, in the case of information received from the Loan Parties or any of their Subsidiaries after
the date of this Agreement, such information is clearly identified at the time of delivery as confidential or is otherwise nonpublic or proprietary in nature. 

Insolvency Proceeding shall mean, with respect to any Person, (a) a case, action or proceeding with respect to such Person
(i) before any court or any other Official Body under any bankruptcy, insolvency, reorganization or other similar Law now or hereafter in effect, or (ii) for the appointment of a receiver, liquidator, assignee, custodian, trustee,
sequestrator, conservator (or similar official) of any Loan Party or otherwise relating to the liquidation, dissolution, winding-up or relief of such Person, or (b) any general assignment for the benefit of creditors, composition, marshaling of
assets for creditors, or other, similar arrangement in respect of such Person’s creditors generally or any substantial portion of its creditors; undertaken under any Law. 

Intercompany Subordination Agreement shall mean the Second Amended and Restated Intercompany Subordination Agreement among the Loan
Parties in the form attached hereto as Exhibit 1.1(I). 
 Interest Period shall mean the period of time selected by the
Borrower in connection with (and to apply to) any election permitted hereunder by the Borrower to have Revolving Credit Loans or Term Loans bear interest under the Euro-Rate Option. Subject to the last sentence of this definition, such period shall
be (i) one Month if Borrower selects the Euro-Rate Option during the Syndications Period and (ii) one Month with respect to Optional Currency Loans and one, two, three or six Months with respect to all other Loans if the Borrower selects
the Euro-Rate Option after the Syndications Period has ended. Such Interest Period shall commence on the effective date of such Interest Rate Option, which shall be (i) the Borrowing Date if the Borrower is requesting new Loans, or
(ii) the date of renewal of or conversion to the Euro-Rate Option if the Borrower is renewing or converting to the Euro-Rate Option applicable to outstanding Loans. Notwithstanding the second sentence hereof: (A) any Interest Period which
would otherwise end on a date which is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in the next calendar month, in which case such Interest Period shall end on the next preceding Business
Day, and (B) the Borrower shall not select, convert to or renew an Interest Period for any portion of the Loans that would end after the Expiration Date or the Maturity Date, as applicable. 

Interest Rate Hedge shall mean an interest rate exchange, collar, cap, swap, floor, adjustable strike cap, adjustable strike corridor,
cross-currency swap or similar agreements entered into by any Loan Party in order to provide protection to, or minimize the impact upon, such Loan Party of increasing floating rates of interest applicable to Indebtedness. 

Interest Rate Hedge Liabilities shall have the meaning assigned in the definition of Lender Provided Interest Rate Hedge. 

Interest Rate Option shall mean any Euro-Rate Option or Base Rate Option. 

  
 16 

 IRS shall mean the United States Internal Revenue Service. 

ISP98 shall have the meaning specified in Section 11.11.1 [Governing Law]. 

Issuing Lender shall mean PNC, in its individual capacity as issuer of Letters of Credit hereunder, and any other Lender that Borrower,
Administrative Agent and such other Lender may agree may from time to time issue Letters of Credit hereunder. 
 Joint Venture shall
mean a corporation, partnership, limited liability company or other entity in which any Person other than the Loan Parties and their Subsidiaries holds, directly or indirectly, an equity interest. 

Labor Contracts shall mean all employment agreements, employment contracts, collective bargaining agreements and other agreements among
any Loan Party and its employees. 
 Law shall mean any law (including common law), constitution, statute, treaty, regulation, rule,
ordinance, opinion, release, ruling, order, injunction, writ, decree, bond, judgment, authorization or approval, lien or award by or settlement agreement with any Official Body. 

Lender Provided Foreign Currency Hedge shall mean a Foreign Currency Hedge which is provided by any Lender or its Affiliate and for
which such Lender confirms to the Administrative Agent in writing prior to the execution thereof that it: (a) is documented in a standard International Swaps and Derivatives Association Master Agreement or another reasonable and customary
manner, (b) provides for the method of calculating the reimbursable amount of the provider’s credit exposure in a reasonable and customary manner, and (c) is entered into for hedging (rather than speculative) purposes. The liabilities
owing to the provider of any Lender Provided Foreign Currency Hedge (the “Foreign Currency Hedge Liabilities”) by any Loan Party that is party to such Lender Provided Foreign Currency Hedge shall, for purposes of this Agreement and
all other Loan Documents be “Obligations” of such Person and of each other Loan Party, be guaranteed obligations under the Guaranty Agreement and secured obligations under any other Loan Document, as and if applicable, and otherwise
treated as Obligations for purposes of the other Loan Documents, except to the extent constituting Excluded Hedge Liabilities of such Person. The Liens (if any) securing the Foreign Currency Hedge Liabilities shall be pari passu with the Liens (if
any) securing all other Obligations under this Agreement and the other Loan Documents, subject to the express provisions of Section 9.2.4 [Application of Proceeds]. 

Lender Provided Interest Rate Hedge shall mean an Interest Rate Hedge which is provided by any Lender or its Affiliate and with respect
to which such Lender confirms to Administrative Agent in writing prior to the execution thereof that it: (a) is documented in a standard International Swaps and Derivatives Association Master Agreement, or another reasonable and customary
manner, (b) provides for the method of calculating the reimbursable amount of the provider’s credit exposure in a reasonable and customary manner, and (c) is entered into for hedging (rather than speculative) purposes. The liabilities
owing to the provider of any Lender Provided Interest Rate Hedge (the “Interest Rate Hedge Liabilities”) by any 

  
 17 

 
Loan Party that is party to such Lender Provided Interest Rate Hedge shall, for purposes of this Agreement and all other Loan Documents be “Obligations” of such Person and of each other
Loan Party, be guaranteed obligations under any Guaranty Agreement and secured obligations under any other Loan Document, as and if applicable, and otherwise treated as Obligations for purposes of the other Loan Documents, except to the extent
constituting Excluded Hedge Liabilities of such Person. The Liens (if any) securing the Hedge Liabilities shall be pari passu with the Liens (if any) securing all other Obligations under this Agreement and the other Loan Documents, subject to the
express provisions of Section 9.2.4 [Application of Proceeds]. 
 Lenders shall mean the financial institutions named on
Schedule 1.1(B) and their respective successors and assigns as permitted hereunder, each of which is referred to herein as a Lender. For the purpose of any Loan Document which provides for the granting of a security interest or other
Lien to the Lenders or to the Administrative Agent for the benefit of the Lenders as security for the Obligations, “Lenders” shall include any Affiliate of a Lender to which such Obligation is owed. 

Letter of Credit shall have the meaning specified in Section 2.8.1 [Issuance of Letters of Credit]. 

Letter of Credit Borrowing shall have the meaning specified in Section 2.8.3 [Disbursements, Reimbursement]. 

Letter of Credit Fee shall have the meaning specified in Section 2.8.2 [Letter of Credit Fees]. 

Letter of Credit Obligation shall mean, as of any date of determination, the aggregate amount available to be drawn under all
outstanding Letters of Credit on such date (if any Letter of Credit shall increase in amount automatically in the future, such aggregate amount available to be drawn shall currently give effect to any such future increase) plus the aggregate
amount of Reimbursement Obligations and Letter of Credit Borrowings on such date. 
 Letter of Credit Sublimit shall have the meaning
specified in Section 2.8.1 [Issuance of Letters of Credit]. 
 Lien shall mean any mortgage, deed of trust, pledge, lien,
security interest, charge or other encumbrance or security arrangement of any nature whatsoever, whether voluntarily or involuntarily given, including any conditional sale or title retention arrangement, and any assignment, deposit arrangement or
lease intended as, or having the effect of, security and any filed financing statement or other notice of any of the foregoing (whether or not a lien or other encumbrance is created or exists at the time of the filing). 

Loan Documents shall mean this Agreement, the Administrative Agent’s Letter, the Guaranty Agreement, the Intercompany
Subordination Agreement, the Notes, and any other instruments, certificates or documents delivered in connection herewith or therewith. 

Loan Parties shall mean the Borrower and the Guarantors. 

  
 18 

 Loan Request shall have the meaning specified in Section 2.4 [Revolving Credit Loan
Requests; Swing Loan Requests]. 
 Loans shall mean collectively and Loan shall mean separately all Revolving Credit Loans,
Swing Loans and the Term Loans or any Revolving Credit Loan, Swing Loan or the Term Loan. 
 Material Adverse Change or Material Adverse
Effect shall mean any set of circumstances or events which (i) has or could reasonably be expected to have any material adverse effect whatsoever upon the validity or enforceability of this Agreement or any other Loan Document, (ii) is
or could reasonably be expected to be material and adverse to the business, properties, assets, financial condition, results of operations or prospects of the Loan Parties taken as a whole, (iii) impairs materially or could reasonably be
expected to impair materially the ability of the Loan Parties taken as a whole to duly and punctually pay or perform any of the Obligations, or (iv) impairs materially or could reasonably be expected to impair materially the ability of the
Administrative Agent or any of the Lenders, to the extent permitted, to enforce their legal remedies pursuant to this Agreement or any other Loan Document. 

Maturity Date shall mean, with respect to the Term Loan, September 10, 2018. 

Month, with respect to an Interest Period under the Euro-Rate Option, shall mean the interval between the days in consecutive calendar
months numerically corresponding to the first day of such Interest Period. If any Euro-Rate Interest Period begins on a day of a calendar month for which there is no numerically corresponding day in the month in which such Interest Period is to end,
the final month of such Interest Period shall be deemed to end on the last Business Day of such final month. 
 Multiemployer Plan
shall mean any employee benefit plan which is a “multiemployer plan” within the meaning of Section 4001(a)(3) of ERISA and to which the Borrower or any member of the ERISA Group is then making or accruing an obligation to make
contributions or, within the preceding five Plan years, has made or had an obligation to make such contributions. 
 Multiple Employer
Plan shall mean a Plan which has two or more contributing sponsors (including the Borrower or any member of the ERISA Group) at least two of whom are not under common control, as such a Plan is described in Sections 4063 and 4064 of ERISA. 

New Lender shall have the meaning assigned to that term in Section 2.10 [Increase In Revolving Credit Commitments]. 

Non-Consenting Lender shall have the meaning specified in Section 11.1 [Modifications, Amendments or Waivers]. 

Non-Qualifying Party shall mean any Loan Party that fails for any reason to qualify as an Eligible Contract Participant. 

Notes shall mean collectively, and Note shall mean separately, the promissory notes in the form of Exhibit 1.1(N)(1)
evidencing the Revolving Credit Loans, in the form of Exhibit 1.1(N)(2) evidencing the Swing Loan, and in the form of Exhibit 1.1(N)(3) evidencing the Term Loans. 

  
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 Obligation shall mean any obligation or liability of any of the Loan Parties or II-VI
Japan Incorporated to the Administrative Agent or any of the Lenders, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing, or due or to become due, under or in connection with
(i) this Agreement, the Notes, the Letters of Credit, the Administrative Agent’s Letter, the YEN Revolving Credit Agreement (Japan) or any other Loan Document whether to the Administrative Agent, any of the Lenders or their Affiliates or
other persons provided for under such Loan Documents, (ii) any Lender Provided Interest Rate Hedge, (iii) any Lender Provided Foreign Currency Hedge, and (iv) any Other Lender Provided Financial Service Product. Notwithstanding
anything to the contrary contained in the foregoing, the Obligations shall not include any Excluded Hedge Liabilities. 
 Oclaro
Zurich shall mean Oclaro Switzerland GmbH. 
 Official Body shall mean the government of the United States of America or any
other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank) and any group or body charged with setting financial accounting or regulatory capital
rules or standards (including, but not limited to, the Financial Accounting Standards Board, the Bank for International Settlements or the Basel Committee on Banking Supervision or any successor or similar authority to any of the foregoing). 

Optional Currency shall mean any currency approved by the Administrative Agent and all of the Lenders pursuant to Section 2.12.5
[Requests for Additional Optional Currencies]. Subject to Section 2.12.4 [European Monetary Union], each Optional Currency must be freely traded in the offshore interbank foreign exchange markets, freely transferable, freely convertible into
Dollars and available to the Lenders in the Relevant Interbank Market. 
 Optional Currency Loans shall have the meaning assigned to
such term in Section 2.1.1 [Revolving Credit Loans]. 
 Optional Currency Loan Sublimit shall mean $15,000,000. 

Order shall have the meaning specified in Section 2.8.9 [Liability for Acts and Omissions]. 

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

  
 20 

 Other Lender Provided Financial Service Product shall mean agreements or other
arrangements under which any Lender or Affiliate of a Lender provides any of the following products or services to any of the Loan Parties: (a) credit cards, (b) credit card processing services, (c) debit cards, (d) purchase
cards, (e) ACH transactions or (f) cash management, including controlled disbursement, accounts or services. 
 Other Taxes
shall mean all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or
perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 5.6.2
[Replacement of a Lender]). 
 Overnight Rate shall mean for any day with respect to any Loans in an Optional Currency, the rate of
interest per annum as determined by the Administrative Agent at which overnight deposits in such currency, in an amount approximately equal to the amount with respect to which such rate is being determined, would be offered for such day in the
relevant interbank market. 
 Participant has the meaning specified in Section 11.8.4 [Participations]. 

Participant Register shall have the meaning specified in Section 11.8.4 [Participations]. 

Participation Advance shall have the meaning specified in Section 2.8.3 [Disbursements, Reimbursement]. 

Payment Date shall mean the first Business Day of each January, April, July and October after the date hereof and on the Expiration
Date or the Maturity Date, as applicable, or upon acceleration of the Notes. 
 Payment In Full and Paid in Full shall mean
the indefeasible payment in full in cash of the Loans and other Obligations hereunder, termination of the Commitments and expiration or termination of all Letters of Credit. 

PBGC shall mean the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA or any successor. 

Permitted Acquisitions shall have the meaning assigned to such term in Section 8.2.6 [Liquidations, Mergers, Etc.]. 

Permitted Investments shall mean: 

(i) direct obligations of the United States of America or any agency or instrumentality thereof or obligations backed by the full faith and
credit of the United States of America maturing in twelve (12) months or less from the date of acquisition; 

  
 21 

 (ii) commercial paper maturing in 180 days or less rated not lower than A-1, by
Standard & Poor’s or P-1 by Moody’s Investors Service, Inc. on the date of acquisition; 
 (iii) demand deposits, time
deposits or certificates of deposit maturing within one year in commercial banks whose obligations are rated A-1, A or the equivalent or better by Standard & Poor’s on the date of acquisition; 

(iv) loans to any Person (based on outstanding principal balance measured from time to time) made on or after the Closing Date or investments
in any Person (measured at the time of each such investment) made on or after the Closing Date, together with investments in Permitted Joint Ventures (measured at the time of each such investment) made on or after the Closing Date, not to exceed
$40,000,000 in the aggregate at any time outstanding; 
 (v) Investments in Permitted Joint Ventures; 

(vi) Investments and acquisitions permitted under Section 8.2.6 [Liquidations, Mergers, Etc.; 

(vii) mutual funds that invest substantially all their assets in investments described in (i), (ii) or (iii) above; 

(viii) investments made under the Cash Management Agreements or under cash management agreements with any other Lenders; 

(ix) Investments existing on the Closing Date and set forth on Schedule 8.2.4; and 

(x) additional Investments in II-VI Holdings B.V. in an amount not to exceed $203,000,000 to be used solely for the purpose of consummating
the Acquisition and/or the D Acquisition. 
 Permitted Joint Venture shall have the meaning assigned to that term in
Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures]. 
 Permitted Liens shall mean: 

(i) Liens for taxes, assessments, or similar charges, incurred in the ordinary course of business and which are not yet due and payable; 

(ii) Pledges or deposits made in the ordinary course of business to secure payment of workmen’s compensation, or to participate in any
fund in connection with workmen’s compensation, unemployment insurance, old-age pensions or other social security programs; 
 (iii)
Liens of mechanics, materialmen, warehousemen, carriers, or other like Liens, securing obligations incurred in the ordinary course of business that are not yet due and payable and Liens of landlords securing obligations to pay lease payments that
are not yet due and payable or in default; 

  
 22 

 (iv) Good-faith pledges or deposits made in the ordinary course of business to secure performance
of bids, tenders, contracts (other than for the repayment of borrowed money) or leases, not in excess of the aggregate amount due thereunder, or to secure statutory obligations, or surety, appeal, indemnity, performance or other similar bonds
required in the ordinary course of business; 
 (v) Encumbrances consisting of zoning restrictions, easements or other restrictions on the
use of real property, none of which materially impairs the use of such property or the value thereof, and none of which is violated in any material respect by existing or proposed structures or land use; 

(vi) Liens in favor of the Administrative Agent for the benefit of the Lenders and their Affiliates securing the Obligations (including Lender
Provided Interest Rate Hedges, Lender Provided Foreign Currency Hedges and Other Lender Provided Financial Services Products; 
 (vii) Liens
on property leased by any Loan Party or Subsidiary of a Loan Party under capital leases permitted in this Agreement securing obligations of such Loan Party or Subsidiary to the lessor under such leases; 

(viii) Any Lien existing on the date of this Agreement and described on Schedule 1.1(P), provided that the principal amount
secured thereby is not hereafter increased, and no additional assets become subject to such Lien; 
 (ix) Purchase Money Security Interests,
provided that the aggregate amount of loans and deferred payments secured by such Purchase Money Security Interests plus amounts treated as indebtedness under GAAP with respect to leases treated as capital leases under GAAP shall not exceed
$20,000,000 (excluding for the purpose of this computation any loans or deferred payments secured by Liens described on Schedule 1.1(P) and liens permitted under subpart (x) of this definition of Permitted Liens); 

(x) Liens in favor of The Bank of Nova Scotia arising under the Consignment Agreement (and Liens under similar replacement facilities as to
which the Administrative Agent has been provided notice by Borrower), provided that the amount secured by such Liens shall not exceed $10,000,000 at any time, and 

(xi) The following, (A) if the validity or amount thereof is being contested in good faith by appropriate and lawful proceedings
diligently conducted so long as levy and execution thereon have been stayed and continue to be stayed or (B) if a final judgment is entered and such judgment is discharged within thirty (30) days of entry, and in either case they do not,
in the aggregate, materially impair the ability of any Loan Party to perform its Obligations hereunder or under the other Loan Documents: 

(1) Claims or Liens for taxes, assessments or charges due and payable and subject to interest or penalty, provided that the applicable
Loan Party maintains such reserves or other appropriate provisions as shall be required by GAAP and pays all such taxes, assessments or charges forthwith upon the commencement of proceedings to foreclose any such Lien; 

  
 23 

 (2) Claims, Liens or encumbrances upon, and defects of title to, real or personal property,
including any attachment of personal or real property or other legal process prior to adjudication of a dispute on the merits; 
 (3)
Claims or Liens of mechanics, materialmen, warehousemen, carriers, or other statutory nonconsensual Liens; or 
 (4) Liens resulting from
final judgments or orders described in Section 9.1.6 [Final Judgments or Orders]. 
 Person shall mean any individual,
corporation, partnership, limited liability company, association, joint-stock company, trust, unincorporated organization, joint venture, government or political subdivision or agency thereof, or any other entity. 

Plan shall mean at any time an employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which
is covered by Title IV of ERISA or is subject to the minimum funding standards under Sections 412 and 430 of the Code, or Section 302 of ERISA and either (i) is maintained by any member of the ERISA Group for employees of any member
of the ERISA Group or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the ERISA Group for employees of any entity which was at such time a member of the ERISA Group. 

PNC shall mean PNC Bank, National Association, its successors and assigns. 

Potential Default shall mean any event or condition which with notice or passage of time, or a determination by the Administrative
Agent and the Required Lenders, or any combination of the foregoing, would constitute an Event of Default. 
 Prime Rate shall mean
the interest rate per annum announced from time to time by the Administrative Agent at its Principal Office as its then prime rate, which rate may not be the lowest or most favorable rate then being charged commercial borrowers or others by the
Administrative Agent. Any change in the Prime Rate shall take effect at the opening of business on the day such change is announced. 

Principal Office shall mean the main banking office of the Administrative Agent in Pittsburgh, Pennsylvania. 

Prohibited Transaction shall mean any prohibited transaction as defined in Section 4975 of the Internal Revenue Code or
Section 406 of ERISA for which neither a statutory, an individual nor a class exemption has been issued by the United States Department of Labor. 

Published Rate shall mean the rate of interest published each Business Day in The Wall Street Journal “Money
Rates” listing under the caption “London Interbank Offered Rates” for a one month period (or, if no such rate is published therein for any reason, then the Published Rate shall be the rate at which U.S. dollar deposits are offered
by leading banks in the London interbank deposit market for a one month period as published in another publication selected by the Administrative Agent). 

  
 24 

 Purchase Money Security Interest shall mean Liens upon tangible personal property securing
loans to any Loan Party or Subsidiary of a Loan Party or deferred payments by such Loan Party or Subsidiary for the purchase of such tangible personal property. 

Qualified ECP Loan Party shall mean each Loan Party that on the Eligibility Date is (a) a corporation, partnership,
proprietorship, organization, trust, or other entity other than a “commodity pool” as defined in Section 1a(10) of the CEA and CFTC regulations thereunder that has total assets exceeding $10,000,000, or (b) an Eligible Contract
Participant that can cause another person to qualify as an Eligible Contract Participant on the Eligibility Date under Section 1a(18)(A)(v)(II) of the CEA by entering into or otherwise providing a “letter of credit or keepwell, support, or
other agreement” for purposes of Section 1a(18)(A)(v)(II) of the CEA. 
 Ratable Share shall mean: 

(i) with respect to a Lender’s obligation to make Revolving Credit Loans, participate in Letters of Credit and other Letter of Credit
Obligations, and receive payments, interest, and fees related thereto, the proportion that such Lender’s Revolving Credit Commitment bears to the Revolving Credit Commitments of all of the Lenders, provided however that if the Revolving Credit
Commitments have terminated or expired, the Ratable Shares for purposes of this clause shall be determined based upon the Revolving Credit Commitments most recently in effect, giving effect to any assignments. 

(ii) with respect to a Lender’s obligation to make Term Loans and receive payments, interest, and fees related thereto, the proportion
that such Lender’s Term Loans bears to the Term Loans of all of the Lenders. 
 (iii) with respect to all other matters as to a
particular Lender, the percentage obtained by dividing (i) such Lender’s Revolving Credit Commitment, by (ii) the sum of the aggregate amount of the Revolving Credit Commitments of all Lenders; provided however that if the
Revolving Credit Commitments have terminated or expired, the computation in this clause shall be determined based upon the Revolving Credit Commitments most recently in effect, giving effect to any assignments, and not on the current amount of the
Revolving Credit Commitments and provided further in the case of Section 2.11 [Defaulting Lenders] when a Defaulting Lender shall exist, “Ratable Share” shall mean the percentage of the aggregate Commitments (disregarding any
Defaulting Lender’s Commitment) represented by such Lender’s Commitment. 
 Recipient shall mean (i) the
Administrative Agent, (ii) any Lender and (iii) the Issuing Lender, as applicable. 
 Regulated Substances shall mean,
without limitation, any substance, material or waste, regardless of its form or nature, defined under Environmental Laws as a “hazardous substance,” “pollutant,” “pollution,” “contaminant,” “hazardous or
toxic substance,” “extremely hazardous substance,” “toxic chemical,” “toxic substance,” “toxic waste,” “hazardous waste,” “special handling waste,” “industrial waste,”
“residual waste,” “solid waste,” “municipal waste,” “mixed waste,” “infectious waste,” “chemotherapeutic waste,” “medical waste,” or “regulated substance” or any other
material, substance or waste, regardless of its form or nature, which otherwise is regulated by Environmental Laws. 

  
 25 

 Reference Currency shall have the meaning specified in the definition of “Equivalent
Amount.” 
 Reimbursement Obligation shall have the meaning specified in Section 2.8.3 [Disbursements, Reimbursement]. 

Related Parties shall mean, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees,
agents and advisors of such Person and of such Person’s Affiliates. 
 Relevant Interbank Market shall mean in relation to Euro,
the European Interbank Market, and, in relation to any other currency, the London interbank market. 
 Relief Proceeding shall mean
any proceeding seeking a decree or order for relief in respect of any Loan Party or Subsidiary of a Loan Party in a voluntary or involuntary case under any applicable bankruptcy, insolvency, reorganization or other similar law now or hereafter in
effect, or for the appointment of a receiver, liquidator, assignee, custodian, trustee, sequestrator, conservator (or similar official) of any Loan Party or Subsidiary of a Loan Party for any substantial part of its property, or for the winding-up
or liquidation of its affairs, or an assignment for the benefit of its creditors. 
 Reportable Compliance Event means that any
Covered Entity becomes a Sanctioned Person, or is indicted, arraigned, investigated or custodially detained, or receives an inquiry from regulatory or law enforcement officials, in connection with any Anti-Terrorism Law or any predicate crime to any
Anti-Terrorism Law, or self-discovers facts or circumstances implicating any aspect of its operations with the actual or possible violation of any Anti-Terrorism Law. 

Reportable Event shall mean a reportable event described in Section 4043 of ERISA and regulations thereunder with respect to a
Plan or Multiemployer Plan. 
 Required Lenders shall mean 

(A) If there exists fewer than three (3) Lenders, all Lenders (other than any Defaulting Lender), and 

(B) If there exist three (3) or more Lenders, Lenders (other than any Defaulting Lender) having more than 50% of the sum of (a) the
aggregate amount of the Revolving Credit Commitments of the Lenders (excluding any Defaulting Lender) or, after the termination of the Revolving Credit Commitments, the outstanding Revolving Credit Loans and Ratable Share of Letter of Credit
Obligations of the Lenders (excluding any Defaulting Lender), and (b) the aggregate outstanding amount of any Term Loans. 

Required Share shall have the meaning assigned to such term in Section 5.10 [Settlement Date Procedures]. 

  
 26 

 Revolving Credit Commitment shall mean, as to any Lender at any time, the amount initially
set forth opposite its name on Schedule 1.1(B) in the column labeled “Amount of Commitment for Revolving Credit Loans,” as such Commitment is thereafter assigned or modified and Revolving Credit Commitments shall mean
the aggregate Revolving Credit Commitments of all of the Lenders. 
 Revolving Credit Loans shall mean collectively and Revolving
Credit Loan shall mean separately all Revolving Credit Loans or any Revolving Credit Loan made by the Lenders or one of the Lenders to the Borrower pursuant to Section 2.1 [Revolving Credit Commitments] or Section 2.8.3 [Disbursements,
Reimbursement]. 
 Revolving Facility Usage shall mean at any time the sum of the Dollar Equivalent amount of the outstanding
Revolving Credit Loans (including Optional Currency Loans), the outstanding Swing Loans, and the Letter of Credit Obligations. 

Sanctioned Country means a country subject to a sanctions program maintained by any Compliance Authority. 

Sanctioned Person means any individual person, group, regime, entity or thing listed or otherwise recognized as a specially designated,
prohibited, sanctioned or debarred person or entity, or subject to any limitations or prohibitions (including but not limited to the blocking of property or rejection of transactions), under any order or directive of any Compliance Authority or
otherwise subject to, or specially designated under, any sanctions program maintained by any Compliance Authority. 
 Seller shall
mean Oclaro Technology Ltd.. 
 Settlement Date shall mean the Business Day on which the Administrative Agent elects to effect
settlement pursuant Section 5.10 [Settlement Date Procedures]. 
 Shares shall have the meaning assigned to that term in
Section 6.1.2 [Capitalization and Ownership]. 
 Solvent shall mean, with respect to any Person on any date of determination,
taking into account any right of reimbursement, contribution or similar right available to such Person from other Persons, that on such date (i) the fair value of the property of such Person is greater than the total amount of liabilities,
including contingent liabilities, of such Person, (ii) the present fair saleable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become
absolute and matured, (iii) such Person is able to realize upon its assets and pay its debts and other liabilities, contingent obligations and other commitments as they mature in the normal course of business, (iv) such Person does not
intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature, and (v) such Person is not engaged in business or a transaction, and is not about to engage
in business or a transaction, for which such Person’s property would constitute unreasonably small capital after giving due consideration to the prevailing practice in the industry in which such Person is engaged. In computing the amount of
contingent liabilities at any time, it is intended that such liabilities will be computed at the amount which, in light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an
actual or matured liability. 

  
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 Standard & Poor’s shall mean Standard & Poor’s Ratings
Services, a division of The McGraw-Hill Companies, Inc. 
 Statements shall have the meaning specified in Section 6.1.9(i)
[Historical Statements]. 
 Subsidiary of any Person at any time shall mean any corporation, trust, partnership, limited liability
company or other business entity (i) of which more than 50% of the outstanding voting securities or other interests normally entitled to vote for the election of one or more directors or trustees (regardless of any contingency which does or may
suspend or dilute the voting rights) is at such time owned directly or indirectly by such Person or one or more of such Person’s Subsidiaries, or (ii) which is controlled or capable of being controlled by such Person or one or more of such
Person’s Subsidiaries. 
 Swap shall mean any “swap” as defined in Section 1a(47) of the CEA and regulations
thereunder, other than (a) a swap entered into, or subject to the rules of, a board of trade designated as a contract market under Section 5 of the CEA, or (b) a commodity option entered into pursuant to CFTC Regulation 32.3(a). 

Swap Obligation shall mean any obligation to pay or perform under any agreement, contract or transaction that constitutes a Swap which
is also a Lender Provided Interest Rate Hedge, or a Lender Provided Foreign Currency Hedge. 
 Swing Loan Commitment shall mean
PNC’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 [Swing Loan Commitment] hereof in an aggregate principal amount up to $10,000,000 

Swing Loan Lender shall mean PNC, in its capacity as a lender of Swing Loans. 

Swing Loan Note shall mean the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans,
together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part. 
 Swing Loan
Request shall mean a request for Swing Loans made in accordance with Section 2.4.2 [Swing Loan Requests] hereof. 
 Swing
Loans shall mean collectively and Swing Loan shall mean separately all Swing Loans or any Swing Loan made by PNC to the Borrower pursuant to Section 2.1.2 [Swing Loan Commitment] hereof. 

Syndications Period shall mean the period between the Closing Date and the earlier of the following dates: (a) the date on which
the Commitment of PNC has been reduced to at least $125,000,000, or (b) October 31, 2013. 

  
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 Target shall mean (i) all of the outstanding shares of Oclaro Zurich owned by the
Seller and (ii) certain assets used or useful in the business of the Seller and/or Oclaro, Inc. or their affiliates. 
 Target
Financial Statements shall have the meaning assigned to such term in Section 8.3.4 [Target Financial Statements]. 
 Taxes
shall mean all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Official Body, including any interest, additions to tax or penalties
applicable thereto. 
 Term Loan shall have the meaning specified in Section 3.1 [Term Loan Commitments]; Term Loans
shall mean collectively all of the Term Loans. 
 Term Loan Commitment shall mean, as to any Lender at any time, the amount initially
set forth opposite its name on Schedule 1.1(B) in the column labeled “Amount of Commitment for Term Loans,” as such Commitment is thereafter assigned or modified and Term Loan Commitments shall mean the aggregate Term
Loan Commitments of all of the Lenders. 
 UCP shall have the meaning specified in Section 11.11.1 [Governing Law]. 

USA Patriot Act shall mean the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism Act of 2001, Public Law 107-56, as the same has been, or shall hereafter be, renewed, extended, amended or replaced. 
 U.S.
Person shall mean any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. 
 U.S.
Tax Compliance Certificate shall have the meaning specified in Section 5.8.7 [Status of Lenders]. 
 Withholding Agent shall
mean any Loan Party and the Administrative Agent. 
 YEN Revolving Credit Agreement (Japan) shall mean the Credit Agreement, dated as
of January 31, 2012, by and among II-VI Japan Incorporated, the Guarantors and Banks party thereto and PNC, as administrative agent on behalf of the Banks party thereto (as amended and as may in the future be amended, restated or replaced),
pursuant to which PNC extended a revolving credit facility (the “YEN Revolving Credit Loan”) to II-VI Japan Incorporated in a maximum principal amount of Yen 500,000,000. The YEN Revolving
Credit Loan is guaranteed by the Borrower and may be amended from time to time all as may be agreed by PNC and II-VI Japan Incorporated. 

YEN Revolving Credit Loan shall have the meaning assigned to such term in the definition of YEN Revolving Credit Agreement (Japan).

 1.2 Construction. Unless the context of this Agreement otherwise clearly requires, the following rules of construction shall apply
to this Agreement and each of the other Loan Documents: (i) references to the plural include the singular, the plural, the part and the whole and 

  
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the words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation”; (ii) the words “hereof,”
“herein,” “hereunder,” “hereto” and similar terms in this Agreement or any other Loan Document refer to this Agreement or such other Loan Document as a whole; (iii) article, section, subsection, clause, schedule
and exhibit references are to this Agreement or other Loan Document, as the case may be, unless otherwise specified; (iv) reference to any Person includes such Person’s successors and assigns; (v) reference to any agreement, including
this Agreement and any other Loan Document together with the schedules and exhibits hereto or thereto, document or instrument means such agreement, document or instrument as amended, modified, replaced, substituted for, superseded or restated;
(vi) relative to the determination of any period of time, “from” means “from and including,” “to” means “to but excluding,” and “through” means “through and including”; (vii) the
words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights,
(viii) section headings herein and in each other Loan Document are included for convenience and shall not affect the interpretation of this Agreement or such Loan Document, and (ix) unless otherwise specified, all references herein to
times of day shall constitute references to Eastern Time. 
 1.3 Accounting Principles; Changes in GAAP. Except as otherwise
expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, (i) if the Borrower notifies the Administrative Agent that the Borrower
requests an amendment to any provision hereof to eliminate the effect of any change occurring after the Closing Date in GAAP (including as a result of the adoption of IFRS) or in the application thereof on the operation of such provision (or if the
Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP (including as a result of the
adoption of IFRS) or in the application thereof, then the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such provision to preserve the original intent thereof (subject to the approval of the Required
Lenders), provided, however, that such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in
accordance herewith and (ii) notwithstanding anything in GAAP to the contrary, for purposes of all financial calculations hereunder, the amount of any Indebtedness outstanding at any time shall be the stated principal amount thereof. 

2. REVOLVING CREDIT AND SWING LOAN FACILITIES 

2.1 Revolving Credit Commitments. 

2.1.1 Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set
forth, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”)
to the Borrower at any time or from time to time on or after the date hereof to the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such
Lender shall not exceed such Lender’s 

  
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Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the
Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not
exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1. 

2.1.2 Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set
forth, and in order to facilitate loans and repayments between Settlement Dates, PNC may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower at any time
or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000, provided that after giving effect to each such Loan, the Revolving Facility Usage shall
not exceed the aggregate Revolving Credit Commitments of the Lenders; and provided further that a Swing Loan shall not be made if the proceeds thereof would be used to repay, in whole or in part, any outstanding Swing Loan. Within such limits of
time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2. 

2.2 Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each
request for Revolving Credit Loans pursuant to Section 2.4 [Revolving Credit Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate Dollar Equivalent of each Lender’s Revolving Credit Loans outstanding
hereunder to the Borrower at any time shall never exceed its Revolving Credit Commitment minus its Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations. The obligations of each Lender hereunder are several. The failure of
any Lender to perform its obligations hereunder shall not affect the Obligations of the Borrower to any other party nor shall any other party be liable for the failure of such Lender to perform its obligations hereunder. The Lenders shall have no
obligation to make Revolving Credit Loans hereunder on or after the Expiration Date. 
 2.3 Commitment Fees. Accruing from the date
hereof until the Expiration Date, the Borrower agrees to pay to the Administrative Agent for the account of each Lender according to its Ratable Share, a nonrefundable commitment fee (the “Commitment Fee”) equal to the Applicable
Commitment Fee Rate (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) multiplied by the average daily difference between the amount of (i) the Revolving Credit Commitments and (ii) the
Revolving Facility Usage (provided however, that solely in connection with determining the share of each Lender in the Commitment Fee, the Revolving Facility Usage with respect to the portion of the Commitment Fee allocated to PNC shall include the
full amount of the outstanding Swing Loans, and with respect to the portion of the Commitment Fee allocated by the Administrative Agent to all of the Lenders other than PNC, such portion of the Commitment Fee shall be calculated (according to each
such Lender’s Ratable Share) as if the Revolving Facility Usage excludes the outstanding Swing Loans); provided, further, that any Commitment Fee accrued with respect to the Revolving Credit Commitment of a Defaulting Lender
during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the 

  
 31 

 
Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Commitment Fee shall otherwise have been due and payable by the Borrower prior to such time; and
provided further that no Commitment Fee shall accrue with respect to the Revolving Credit Commitment of a Defaulting Lender so long as such Lender shall be a Defaulting Lender. Subject to the proviso in the directly preceding sentence,
all Commitment Fees shall be payable in arrears on each Payment Date and in U.S. Dollars. 
 2.4 Revolving Credit Loan Requests; Swing
Loan Requests. 
 2.4.1 Revolving Credit Loan Requests. Except as otherwise provided herein, the Borrower may from time to time
prior to the Expiration Date request the Lenders to make Revolving Credit Loans, or renew or convert the Interest Rate Option applicable to existing Revolving Credit Loans or Term Loans pursuant to Section 4.2 [Interest Periods], by delivering
to the Administrative Agent, not later than 10:00 a.m., (i) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Revolving Credit Loans in Dollars to which the Euro-Rate Option applies or the
conversion to or the renewal of the Euro-Rate Option for any Loans in Dollars; and (ii) four (4) Business Days prior to the proposed Borrowing Date with respect to the making of an Optional Currency Loan or the date of conversion to or
renewal of the Euro-Rate Option for Optional Currency Loans; and (iii) the same Business Day of the proposed Borrowing Date with respect to the making of a Revolving Credit Loan to which the Base Rate Option applies or the last day of the
preceding Interest Period with respect to the conversion to the Base Rate Option for any Loan, of a duly completed request therefor substantially in the form of Exhibit 2.4.1 or a request by telephone immediately confirmed in writing by
letter, facsimile or telex in such form (each, a “Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of
such written confirmation. Each Loan Request shall be irrevocable and shall specify (i) the proposed Borrowing Date; (ii) the aggregate amount of the proposed Loans (expressed in the currency in which such Loans shall be funded) comprising
each Borrowing Tranche, which amount shall be in (x) integral multiples of $500,000 (or the Dollar Equivalent thereof) and not less than $500,000 (or the Dollar Equivalent thereof) for each Borrowing Tranche under the Euro-Rate Option, and
(y) not less than the lesser of $500,000 or the maximum amount available for Borrowing Tranches to which the Base Rate Option applies; (iii) whether the Euro-Rate Option or Base Rate Option shall apply to the proposed Loans comprising the
applicable Borrowing Tranche; (iv) the currency in which such Revolving Credit Loans shall be funded if the Borrower elects the Euro-Rate Option and (v) in the case of a Borrowing Tranche to which the Euro-Rate Option applies, an
appropriate Interest Period for the Loans comprising such Borrowing Tranche. No Optional Currency Loans may be converted into a Base Rate Loan, a Euro-Rate Loan or a Loan denominated in a different Optional Currency. 

2.4.2 Swing Loan Requests. Except as otherwise provided herein, and provided that no Event of Default has occurred, the Borrower may
from time to time prior to the Expiration Date request the Swing Loan Lender to make Swing Loans by delivery to the Swing Loan Lender not later than 2:00 p.m. on the proposed Borrowing Date of a duly completed request therefor substantially in the
form of Exhibit 2.4.2 hereto or a request by telephone immediately confirmed in writing by letter, facsimile or telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the
authority of any individual 

  
 32 

 
making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the
principal amount of such Swing Loan, which shall be not less than $100,000. 
 2.5 Making Revolving Credit Loans and Swing Loans;
Presumptions by the Administrative Agent; Repayment of Revolving Credit Loans; Borrowings to Repay Swing Loans. 
 2.5.1 Making
Revolving Credit Loans. The Administrative Agent shall, promptly after receipt by it of a Loan Request pursuant to Section 2.4 [Revolving Credit Loan Requests; Swing Loan Requests], notify the Lenders of its receipt of such Loan Request
specifying the information provided by the Borrower, including the currency in which the Revolving Credit Loan is requested, and the apportionment among the Lenders of the requested Revolving Credit Loans as determined by the Administrative Agent in
accordance with Section 2.2 [Nature of Lenders’ Obligations with Respect to Revolving Credit Loans]. Each Lender shall remit the principal amount of each Revolving Credit Loan in the requested Optional Currency (or in Dollars if so
requested by the Administrative Agent) to the Administrative Agent such that the Administrative Agent is able to, and the Administrative Agent shall, to the extent the Lenders have made funds available to it for such purpose and subject to
Section 7.2 [Each Loan or Letter of Credit], fund such Revolving Credit Loans to the Borrower in immediately available funds in Dollars or the requested Optional Currency, as applicable, at the Principal Office prior to 2:00 p.m., on the
applicable Borrowing Date; provided that if any Lender fails to remit such funds to the Administrative Agent (or fails to remit such funds in the applicable Optional Currency) in a timely manner, the Administrative Agent may elect in its sole
discretion to fund with its own funds, including funds in the requested Optional Currency, the Revolving Credit Loans of such Lender on such Borrowing Date, and such Lender shall be subject to the repayment obligation in Section 2.5.2
[Presumptions by the Administrative Agent]. 
 2.5.2 Presumptions by the Administrative Agent. Unless the Administrative Agent shall
have received notice from a Lender prior to the proposed time of any Loan that such Lender will not make available to the Administrative Agent such Lender’s share of such Loan, the Administrative Agent may assume that such Lender has made such
share available on such date in accordance with Section 2.5.1 [Making Revolving Credit Loans] and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its
share of the applicable Loan available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from
and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of a payment to be made by such Lender, the greater of the Federal Funds Effective Rate
and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and (ii) in the case of a payment to be made by the Borrower, the interest rate applicable to Loans under the Base Rate
Option. If such Lender pays its share of the applicable Loan to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have
against a Lender that shall have failed to make such payment to the Administrative Agent. 

  
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 2.5.3 Making Swing Loans. So long as PNC elects to make Swing Loans, PNC shall, after
receipt by it of a Swing Loan Request pursuant to Section 2.4.2, [Swing Loan Requests] fund such Swing Loan to the Borrower in U.S. Dollars and immediately available funds at the Principal Office prior to 4:00 p.m. on the Borrowing Date. 

2.5.4 Repayment of Revolving Credit Loans. The Borrower shall repay the Revolving Credit Loans (including Optional Currency Loans)
together with all outstanding interest thereon on the Expiration Date. 
 2.5.5 Borrowings to Repay Swing Loans. PNC may, at its
option, exercisable at any time for any reason whatsoever, demand repayment of the Swing Loans, and each Lender shall make a Revolving Credit Loan in an amount equal to such Lender’s Ratable Share of the aggregate principal amount of the
outstanding Swing Loans, plus, if PNC so requests, accrued interest thereon, provided that no Lender shall be obligated in any event to make Revolving Credit Loans in excess of its Revolving Credit Commitment minus its Ratable Share of Letter
of Credit Obligations. Revolving Credit Loans made pursuant to the preceding sentence shall bear interest at the Base Rate Option and shall be deemed to have been properly requested in accordance with Section 2.4.1 [Revolving Credit Loan
Requests] without regard to any of the requirements of that provision. PNC shall provide notice to the Lenders (which may be telephonic or written notice by letter, facsimile or telex) that such Revolving Credit Loans are to be made under this
Section 2.5.5 and of the apportionment among the Lenders, and the Lenders shall be unconditionally obligated to fund such Revolving Credit Loans (whether or not the conditions specified in Section 2.4.1 [Revolving Credit Loan Requests] are
then satisfied) by the time PNC so requests, which shall not be earlier than 3:00 p.m. on the Business Day next after the date the Lenders receive such notice from PNC. 

2.5.6 Swing Loans Under Cash Management Agreements. In addition to making Swing Loans pursuant to the foregoing provisions of
Section 2.5.3 [Making Swing Loans], without the requirement for a specific request from the Borrower pursuant to Section 2.4.2 [Swing Loan Requests], PNC as the Swing Loan Lender may make Swing Loans to the Borrower in accordance with the
provisions of the agreements between the Borrower and such Swing Loan Lender relating to the Borrower’s deposit, sweep and other accounts at such Swing Loan Lender and related arrangements and agreements regarding the management and investment
of the Borrower’s cash assets as in effect from time to time (the “Cash Management Agreements”) to the extent of the daily aggregate net negative balance in the Borrower’s accounts which are subject to the provisions of
the Cash Management Agreements. Swing Loans made pursuant to this Section 2.5.6 in accordance with the provisions of the Cash Management Agreements shall (i) be subject to the limitations as to aggregate amount set forth in
Section 2.1.2 [Swing Loan Commitment], (ii) not be subject to the limitations as to individual amount set forth in Section 2.4.2 [Swing Loan Requests], (iii) be payable by the Borrower, both as to principal and interest, at the
rates and times set forth in the Cash Management Agreements (but in no event later than the Expiration Date), (iv) not be made at any time after such Swing Loan Lender has received written notice of the occurrence of an Event of Default and so
long as such shall continue to exist, or, unless consented to by the Required Lenders, a Potential Default and so long as such shall continue to exist, (v) if not repaid by the Borrower in accordance with the provisions of the Cash Management
Agreements, be subject to each Lender’s obligation pursuant to Section 2.5.5 [Borrowings to Repay Swing Loans], and (vi) except as provided in the foregoing subsections (i) through (v), be subject to all of the terms and
conditions of this Article 2. 

  
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 2.6 Notes. The Obligation of the Borrower to repay the aggregate unpaid principal amount
of the Revolving Credit Loans, Swing Loans and Term Loans made to it by each Lender, together with interest thereon, shall be evidenced by a revolving credit Note, a swing Note and a term Note, dated the Closing Date payable to the order of such
Lender in a face amount equal to the Revolving Credit Commitment, Swing Loan Commitment or Term Loan Commitment, as applicable, of such Lender. 

2.7 Use of Proceeds. The proceeds of the Loans shall be used (i) to refinance existing indebtedness for borrowed money;
(ii) to make the Acquisition and to make other Permitted Acquisitions; (iii) to fund ongoing working capital and capital expenditures, and for general corporate purposes including the issuance of Letters of Credit and to fund repurchases
by the Borrower of its Shares; and (iv) to pay fees and expenses in connection with this Agreement and Permitted Acquisitions. 
 2.8
Letter of Credit Subfacility. 
 2.8.1 Issuance of Letters of Credit. The Borrower or any Loan Party may at any time prior to
the Expiration Date request the issuance of a letter of credit in Dollars (each a “Letter of Credit”) on behalf of itself or another Loan Party, or the amendment or extension of an existing Letter of Credit, by delivering or having
such other Loan Party deliver to the Issuing Lender (with a copy to the Administrative Agent) a completed application and agreement for letters of credit, or request for such amendment or extension, as applicable, in such form as the Issuing Lender
may specify from time to time by no later than 10:00 a.m. at least three (3) Business Days, or such shorter period as may be agreed to by the Issuing Lender, in advance of the proposed date of issuance. Promptly after receipt of any letter of
credit application, the Issuing Lender shall confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit application and if not, such Issuing Lender will provide the
Administrative Agent with a copy thereof. Unless the Issuing Lender has received notice from any Lender, the Administrative Agent or any Loan Party, at least one day prior to the requested date of issuance, amendment or extension of the applicable
Letter of Credit, that one or more applicable conditions in Article 7 [Conditions of Lending and Issuance of Letters of Credit] is not satisfied, then, subject to the terms and conditions hereof and in reliance on the agreements of the other Lenders
set forth in this Section 2.8, the Issuing Lender or any of the Issuing Lender’s Affiliates will issue the proposed Letter of Credit or agree to such amendment or extension, provided that each Letter of Credit shall (A) have a maximum
maturity of twelve (12) months from the date of issuance, and (B) in no event expire later than ten (10) Business Days prior to the Expiration Date (unless such letter of credit is secured by cash collateral delivered to the
Administrative Agent in an amount equal to 105% of the maximum amount available to be drawn under such letter of credit and under terms and conditions and with documentation acceptable to the Administrative Agent and providing that in no event shall
(i) the Letter of Credit Obligations exceed, at any one time, $5,000,000 (the “Letter of Credit Sublimit”) or (ii) the Revolving Facility Usage exceed, at any one time, the Revolving Credit Commitments. Each request by the
Borrower for the issuance, amendment or extension of a Letter of Credit shall be deemed to be a representation by the Borrower that it 

  
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shall be in compliance with the preceding sentence and with Article 7 [Conditions of Lending and Issuance of Letters of Credit] after giving effect to the requested issuance, amendment or
extension of such Letter of Credit. Promptly after its delivery of any Letter of Credit or any amendment to a Letter of Credit to the beneficiary thereof, the applicable Issuing Lender will also deliver to the Borrower and the Administrative Agent a
true and complete copy of such Letter of Credit or amendment. The Letters of Credit identified on Schedule 2.8.1 that were issued under the Existing Credit Agreement remain outstanding and, on the Closing Date, will constitute all
outstanding Letters of Credit under this Agreement as of such date. 
 2.8.2 Letter of Credit Fees. The Borrower shall pay
(i) to the Administrative Agent for the ratable account of the Lenders a fee (the “Letter of Credit Fee”) equal to the Applicable Letter of Credit Fee Rate on the daily amount available to be drawn under each Letter of Credit,
and (ii) to the Issuing Lender for its own account a fronting fee equal to 0.125% per annum on the daily amount available to be drawn under each Letter of Credit. All Letter of Credit Fees and fronting fees shall be computed on the basis
of a year of 360 days and actual days elapsed and shall be payable quarterly in arrears on each Payment Date following issuance of each Letter of Credit. The Borrower shall also pay to the Issuing Lender for the Issuing Lender’s sole account
the Issuing Lender’s then in effect customary fees and administrative expenses payable with respect to the Letters of Credit as the Issuing Lender may generally charge or incur from time to time in connection with the issuance, maintenance,
amendment (if any), assignment or transfer (if any), negotiation, and administration of Letters of Credit. 
 2.8.3 Disbursements,
Reimbursement. Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each
drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively. 

2.8.3.1 In the event of any request for a drawing under a Letter of Credit by the beneficiary or transferee thereof, the Issuing Lender will
promptly notify the Borrower and the Administrative Agent thereof. Provided that it shall have received such notice, the Borrower shall reimburse (such obligation to reimburse the Issuing Lender shall sometimes be referred to as a
“Reimbursement Obligation”) the Issuing Lender prior to 12:00 noon on each date that an amount is paid by the Issuing Lender under any Letter of Credit (each such date, a “Drawing Date”) by paying to the
Administrative Agent for the account of the Issuing Lender an amount equal to the amount so paid by the Issuing Lender. In the event the Borrower fails to reimburse the Issuing Lender (through the Administrative Agent) for the full amount of any
drawing under any Letter of Credit by 12:00 noon on the Drawing Date, the Administrative Agent will promptly notify each Lender thereof, and the Borrower shall be deemed to have requested that Revolving Credit Loans be made by the Lenders under the
Base Rate Option to be disbursed on the Drawing Date under such Letter of Credit, subject to the amount of the unutilized portion of the Revolving Credit Commitment and subject to the conditions set forth in Section 7.2 [Each Loan or Letter of
Credit] other than any notice requirements. Any notice given by the Administrative Agent or Issuing Lender pursuant to this Section 2.8.3.1 may be oral if immediately confirmed in writing; provided that the lack of such an immediate
confirmation shall not affect the conclusiveness or binding effect of such notice. 

  
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 2.8.3.2 Each Lender shall upon any notice pursuant to Section 2.8.3.1 make available to the
Administrative Agent for the account of the Issuing Lender an amount in immediately available funds equal to its Ratable Share of the amount of the drawing, whereupon the participating Lenders shall (subject to Section 2.8.3 [Disbursements;
Reimbursement]) each be deemed to have made a Revolving Credit Loan under the Base Rate Option to the Borrower in that amount. If any Lender so notified fails to make available to the Administrative Agent for the account of the Issuing Lender the
amount of such Lender’s Ratable Share of such amount by no later than 2:00 p.m. on the Drawing Date, then interest shall accrue on such Lender’s obligation to make such payment, from the Drawing Date to the date on which such Lender makes
such payment (i) at a rate per annum equal to the Federal Funds Effective Rate during the first three (3) days following the Drawing Date and (ii) at a rate per annum equal to the rate applicable to Revolving Credit Loans under the
Base Rate Option on and after the fourth day following the Drawing Date. The Administrative Agent and the Issuing Lender will promptly give notice (as described in Section 2.8.3.1 above) of the occurrence of the Drawing Date, but failure of the
Administrative Agent or the Issuing Lender to give any such notice on the Drawing Date or in sufficient time to enable any Lender to effect such payment on such date shall not relieve such Lender from its obligation under this Section 2.8.3.2.

 2.8.3.3 With respect to any unreimbursed drawing that is not converted into Revolving Credit Loans under the Base Rate Option to the
Borrower in whole or in part as contemplated by Section 2.8.3.1, because of the Borrower’s failure to satisfy the conditions set forth in Section 7.2 [Each Loan or Letter of Credit] other than any notice requirements, or for any other
reason, the Borrower shall be deemed to have incurred from the Issuing Lender a borrowing (each a “Letter of Credit Borrowing”) in the amount of such drawing. Such Letter of Credit Borrowing shall be due and payable on demand
(together with interest) and shall bear interest at the rate per annum applicable to the Revolving Credit Loans under the Base Rate Option. Each Lender’s payment to the Administrative Agent for the account of the Issuing Lender pursuant to
Section 2.8.3 [Disbursements, Reimbursement] shall be deemed to be a payment in respect of its participation in such Letter of Credit Borrowing (each a “Participation Advance”) from such Lender in satisfaction of its
participation obligation under this Section 2.8.3. 
 2.8.4 Repayment of Participation Advances. 

2.8.4.1 Upon (and only upon) receipt by the Administrative Agent for the account of the Issuing Lender of immediately available funds from
the Borrower (i) in reimbursement of any payment made by the Issuing Lender under the Letter of Credit with respect to which any Lender has made a Participation Advance to the Administrative Agent, or (ii) in payment of interest on such a
payment made by the Issuing Lender under such a Letter of Credit, the Administrative Agent on behalf of the Issuing Lender will pay to each Lender, in the same funds as those received by the Administrative Agent, the amount of such Lender’s
Ratable Share of such funds, except the Administrative Agent shall retain for the account of the Issuing Lender the amount of the Ratable Share of such funds of any Lender that did not make a Participation Advance in respect of such payment by the
Issuing Lender. 
 2.8.4.2 If the Administrative Agent is required at any time to return to any Loan Party, or to a trustee, receiver,
liquidator, custodian, or any official in any 

  
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Insolvency Proceeding, any portion of any payment made by any Loan Party to the Administrative Agent for the account of the Issuing Lender pursuant to this Section in reimbursement of a payment
made under any Letter of Credit or interest or fees thereon, each Lender shall, on demand of the Administrative Agent, forthwith return to the Administrative Agent for the account of the Issuing Lender the amount of its Ratable Share of any amounts
so returned by the Administrative Agent plus interest thereon from the date such demand is made to the date such amounts are returned by such Lender to the Administrative Agent, at a rate per annum equal to the Federal Funds Effective Rate in effect
from time to time. 
 2.8.5 Documentation. Each Loan Party agrees to be bound by the terms of the Issuing Lender’s application
and agreement for letters of credit and the Issuing Lender’s written regulations and customary practices relating to letters of credit, though such interpretation may be different from such Loan Party’s own. In the event of a conflict
between such application or agreement and this Agreement, this Agreement shall govern. It is understood and agreed that, except in the case of gross negligence or willful misconduct, the Issuing Lender shall not be liable for any error, negligence
and/or mistakes, whether of omission or commission, in following any Loan Party’s instructions or those contained in the Letters of Credit or any modifications, amendments or supplements thereto. 

2.8.6 Determinations to Honor Drawing Requests. In determining whether to honor any request for drawing under any Letter of Credit by
the beneficiary thereof, the Issuing Lender shall be responsible only to determine that the documents and certificates required to be delivered under such Letter of Credit have been delivered and that they comply on their face with the requirements
of such Letter of Credit. 
 2.8.7 Nature of Participation and Reimbursement Obligations. Each Lender’s obligation in accordance
with this Agreement to make the Revolving Credit Loans or Participation Advances, as contemplated by Section 2.8.3 [Disbursements, Reimbursement], as a result of a drawing under a Letter of Credit, and the Obligations of the Borrower to
reimburse the Issuing Lender upon a draw under a Letter of Credit, shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Section 2.8 under all circumstances, including the
following circumstances: 
 (i) any set-off, counterclaim, recoupment, defense or other right which such Lender may have against the
Issuing Lender or any of its Affiliates, the Borrower or any other Person for any reason whatsoever, or which any Loan Party may have against the Issuing Lender or any of its Affiliates, any Lender or any other Person for any reason whatsoever; 

(ii) the failure of any Loan Party or any other Person to comply, in connection with a Letter of Credit Borrowing, with the conditions set
forth in Sections 2.1 [Revolving Credit Commitments], 2.4 [Revolving Credit Loan Requests; Swing Loan Requests], 2.5 [Making Revolving Credit Loans and Swing Loans; Etc.] or 7.2 [Each Loan or Letter of Credit] or as otherwise set forth in this
Agreement for the making of a Revolving Credit Loan, it being acknowledged that such conditions are not required for the making of a Letter of Credit Borrowing and the obligation of the Lenders to make Participation Advances under Section 2.8.3
[Disbursements, Reimbursement]; 

  
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 (iii) any lack of validity or enforceability of any Letter of Credit; 

(iv) any claim of breach of warranty that might be made by any Loan Party or any Lender against any beneficiary of a Letter of Credit, or the
existence of any claim, set-off, recoupment, counterclaim, crossclaim, defense or other right which any Loan Party or any Lender may have at any time against a beneficiary, successor beneficiary any transferee or assignee of any Letter of Credit or
the proceeds thereof (or any Persons for whom any such transferee may be acting), the Issuing Lender or its Affiliates or any Lender or any other Person, whether in connection with this Agreement, the transactions contemplated herein or any
unrelated transaction (including any underlying transaction between any Loan Party or Subsidiaries of a Loan Party and the beneficiary for which any Letter of Credit was procured); 

(v) the lack of power or authority of any signer of (or any defect in or forgery of any signature or endorsement on) or the form of or lack
of validity, sufficiency, accuracy, enforceability or genuineness of any draft, demand, instrument, certificate or other document presented under or in connection with any Letter of Credit, or any fraud or alleged fraud in connection with any Letter
of Credit, or the transport of any property or provision of services relating to a Letter of Credit, in each case even if the Issuing Lender or any of its Affiliates has been notified thereof; 

(vi) payment by the Issuing Lender or any of its Affiliates under any Letter of Credit against presentation of a demand, draft or certificate
or other document which does not comply with the terms of such Letter of Credit; 
 (vii) the solvency of, or any acts or omissions by, any
beneficiary of any Letter of Credit, or any other Person having a role in any transaction or obligation relating to a Letter of Credit, or the existence, nature, quality, quantity, condition, value or other characteristic of any property or services
relating to a Letter of Credit; 
 (viii) any failure by the Issuing Lender or any of its Affiliates to issue any Letter of Credit in the
form requested by any Loan Party, unless the Issuing Lender has received written notice from such Loan Party of such failure within three Business Days after the Issuing Lender shall have furnished such Loan Party and the Administrative Agent a copy
of such Letter of Credit and such error is material and no drawing has been made thereon prior to receipt of such notice; 
 (ix) any
adverse change in the business, operations, properties, assets, condition (financial or otherwise) or prospects of any Loan Party or Subsidiaries of a Loan Party; 

(x) any breach of this Agreement or any other Loan Document by any party thereto; 

(xi) the occurrence or continuance of an Insolvency Proceeding with respect to any Loan Party; 

(xii) the fact that an Event of Default or a Potential Default shall have occurred and be continuing; 

  
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 (xiii) the fact that the Expiration Date shall have passed or this Agreement or the Commitments
hereunder shall have been terminated; and 
 (xiv) any other circumstance or happening whatsoever, whether or not similar to any of the
foregoing. 
 2.8.8 Indemnity. The Borrower hereby agrees to protect, indemnify, pay and save harmless the Issuing Lender and any of
its Affiliates that has issued a Letter of Credit from and against any and all claims, demands, liabilities, damages, taxes, penalties, interest, judgments, losses, costs, charges and expenses (including reasonable fees, expenses and disbursements
of counsel and allocated costs of internal counsel) which the Issuing Lender or any of its Affiliates may incur or be subject to as a consequence, direct or indirect, of the issuance of any Letter of Credit, other than as a result of (A) the
gross negligence or willful misconduct of the Issuing Lender as determined by a final non-appealable judgment of a court of competent jurisdiction or (B) the wrongful dishonor by the Issuing Lender or any of Issuing Lender’s Affiliates of
a proper demand for payment made under any Letter of Credit, except if such dishonor resulted from any act or omission, whether rightful or wrongful, of any present or future de jure or de facto government or Official Body. 

2.8.9 Liability for Acts and Omissions. As between any Loan Party and the Issuing Lender, or the Issuing Lender’s Affiliates, such
Loan Party assumes all risks of the acts and omissions of, or misuse of the Letters of Credit by, the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, the Issuing Lender shall not be
responsible for any of the following, including any losses or damages to any Loan Party or other Person or property relating therefrom: (i) the form, validity, sufficiency, accuracy, genuineness or legal effect of any document submitted by any
party in connection with the application for an issuance of any such Letter of Credit, even if it should in fact prove to be in any or all respects invalid, insufficient, inaccurate, fraudulent or forged (even if the Issuing Lender or its Affiliates
shall have been notified thereof); (ii) the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign any such Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or
in part, which may prove to be invalid or ineffective for any reason; (iii) the failure of the beneficiary of any such Letter of Credit, or any other party to which such Letter of Credit may be transferred, to comply fully with any conditions
required in order to draw upon such Letter of Credit or any other claim of any Loan Party against any beneficiary of such Letter of Credit, or any such transferee, or any dispute between or among any Loan Party and any beneficiary of any Letter of
Credit or any such transferee; (iv) errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex or otherwise, whether or not they be in cipher; (v) errors in interpretation of
technical terms; (vi) any loss or delay in the transmission or otherwise of any document required in order to make a drawing under any such Letter of Credit or of the proceeds thereof; (vii) the misapplication by the beneficiary of any
such Letter of Credit of the proceeds of any drawing under such Letter of Credit; or (viii) any consequences arising from causes beyond the control of the Issuing Lender or its Affiliates, as applicable, including any act or omission of any
Official Body, and none of the above shall affect or impair, or prevent the vesting of, any of the Issuing Lender’s or its Affiliates rights or powers hereunder. Nothing in the preceding sentence shall relieve the Issuing Lender from liability
for the Issuing Lender’s gross negligence or willful misconduct in connection with actions or omissions described in such 

  
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clauses (i) through (viii) of such sentence. In no event shall the Issuing Lender or its Affiliates be liable to any Loan Party for any indirect, consequential, incidental, punitive,
exemplary or special damages or expenses (including attorneys’ fees), or for any damages resulting from any change in the value of any property relating to a Letter of Credit. 

Without limiting the generality of the foregoing, the Issuing Lender and each of its Affiliates (i) may rely on any oral or other
communication believed in good faith by the Issuing Lender or such Affiliate to have been authorized or given by or on behalf of the applicant for a Letter of Credit, (ii) may honor any presentation if the documents presented appear on their
face substantially to comply with the terms and conditions of the relevant Letter of Credit; (iii) may honor a previously dishonored presentation under a Letter of Credit, whether such dishonor was pursuant to a court order, to settle or
compromise any claim of wrongful dishonor, or otherwise, and shall be entitled to reimbursement to the same extent as if such presentation had initially been honored, together with any interest paid by the Issuing Lender or its Affiliate;
(iv) may honor any drawing that is payable upon presentation of a statement advising negotiation or payment, upon receipt of such statement (even if such statement indicates that a draft or other document is being delivered separately), and
shall not be liable for any failure of any such draft or other document to arrive, or to conform in any way with the relevant Letter of Credit; (v) may pay any paying or negotiating bank claiming that it rightfully honored under the laws or
practices of the place where such bank is located; and (vi) may settle or adjust any claim or demand made on the Issuing Lender or its Affiliate in any way related to any order issued at the applicant’s request to an air carrier, a letter
of guarantee or of indemnity issued to a carrier or any similar document (each an “Order”) and honor any drawing in connection with any Letter of Credit that is the subject of such Order, notwithstanding that any drafts or other
documents presented in connection with such Letter of Credit fail to conform in any way with such Letter of Credit. 
 In furtherance and
extension and not in limitation of the specific provisions set forth above, any action taken or omitted by the Issuing Lender or its Affiliates under or in connection with the Letters of Credit issued by it or any documents and certificates
delivered thereunder, if taken or omitted in good faith, shall not put the Issuing Lender or its Affiliates under any resulting liability to the Borrower or any Lender. 

2.8.10 Issuing Lender Reporting Requirements. Each Issuing Lender shall, on the first Business Day of each month, provide to
Administrative Agent and Borrower a schedule of the Letters of Credit issued by it, in form and substance satisfactory to Administrative Agent, showing the date of issuance of each Letter of Credit, the account party, the original face amount (if
any), and the expiration date of any Letter of Credit outstanding at any time during the preceding month, and any other information relating to such Letter of Credit that the Administrative Agent may request. 

2.9 Reduction of Revolving Credit Commitment. The Borrower shall have the right at any time and from time to time upon five
(5) Business Days’ prior written notice to the Administrative Agent to permanently reduce, in whole multiples of $1,000,000 of principal, or terminate the Revolving Credit Commitment without penalty or premium, except as hereinafter set
forth, provided that any such reduction or termination shall be accompanied by prepayment of the Revolving Credit Notes, together with the full amount of interest accrued on the principal sum to be prepaid (and all amounts referred to in
Section 5.7 [Increased Costs] hereof), to the extent that the aggregate Dollar Equivalent amount thereof then outstanding exceeds the Revolving Credit Commitment as so reduced or terminated. 

  
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 2.10 Increase in Revolving Credit Commitments. 

(i) Increasing Lenders and New Lenders. The Borrower may make up to three (3) requests that (A) the current Lenders increase
their Revolving Credit Commitments (any current Lender which elects to increase its Revolving Credit Commitment shall be referred to as an “Increasing Lender”) or (B) one or more new lenders (each a “New
Lender”) join this Agreement and provide a Revolving Credit Commitment hereunder, subject to the following terms and conditions; 

(a) No Obligation to Increase. No current Lender shall be obligated to increase its Revolving Credit Commitment and any increase in
the Revolving Credit Commitment by any current Lender shall be in the sole discretion of such current Lender. 
 (b) Defaults. There
shall exist no Events of Default or Potential Default on the effective date of such increase after giving effect to such increase. 
 (c)
Aggregate Revolving Credit Commitments. After giving effect to such increase, the total Revolving Credit Commitments shall not exceed $325,000,000 (the total aggregate amount of such increases shall not exceed $100,000,000). 

(d) Minimum Revolving Credit Commitments. After giving effect to such increase, the amount of the Revolving Credit Commitments
provided by each of the New Lenders and each of the Increasing Lenders shall be at least $10,000,000 or such lesser amount as necessary to increase the Revolving Credit Commitments to $325,000,000; and 

(e) Resolutions; Opinion. The Loan Parties shall deliver to the Administrative Agent on or before the effective date of such increase
the following documents in a form reasonably acceptable to the Administrative Agent: (1) certifications of their corporate secretaries with attached resolutions certifying that the increase in the Revolving Credit Commitment has been approved
by such Loan Parties, and (2) an opinion of counsel addressed to the Administrative Agent and the Lenders addressing the authorization and execution of the Loan Documents by, and enforceability of the Loan Documents against, the Loan Parties.

 (f) Notes. The Borrower shall execute and deliver (1) to each Increasing Lender a replacement revolving credit Note
reflecting the new amount of such Increasing Lender’s Revolving Credit Commitment after giving effect to the increase (and the prior Note issued to such Increasing Lender shall be deemed to be terminated) and (2) to each New Lender a
revolving credit Note reflecting the amount of such New Lender’s Revolving Credit Commitment. 
 (g) Approval of New Lenders.
Any New Lender shall be subject to the approval of the Administrative Agent (which approval shall not be unreasonably withheld) and the Borrower (which approval shall not be unreasonably withheld) and shall not be (1) a Borrower or any of the
Borrower’s Subsidiaries or Affiliates, (2) a natural Person or (3) a Person that is not a financial institution. 

  
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 (h) Increasing Lenders. Each Increasing Lender shall confirm its agreement to increase
its Revolving Credit Commitment pursuant to an acknowledgement in a form acceptable to the Administrative Agent, signed by it and the Borrower and delivered to the Administrative Agent at least five (5) days before the effective date of such
increase. 
 (i) New Lenders—Joinder. Each New Lender shall execute a lender joinder in substantially the form of
Exhibit 2.10 pursuant to which such New Lender shall join and become a party to this Agreement and the other Loan Documents with a Revolving Credit Commitment in the amount set forth in such lender joinder 

(ii) Treatment of Outstanding Loans and Letters of Credit.  

(a) Repayment of Outstanding Loans; Borrowing of New Loans. On the effective date of such increase, the Borrower shall repay all Loans
then outstanding, subject to the Borrower’s indemnity obligations under Section 5.9 [Indemnity]; provided that it may borrow new Loans with a Borrowing Date on such date. Each of the Lenders shall participate in any new Loans made
on or after such date in accordance with their respective Ratable Shares after giving effect to the increase in Revolving Credit Commitments contemplated by this Section. 

(b) Outstanding Letters of Credit; Repayment of Outstanding Loans; Borrowing of New Loans. On the effective date of such increase,
each Increasing Lender and each New Lender (i) will be deemed to have purchased a participation in each then outstanding Letter of Credit equal to its Ratable Share of such Letter of Credit and the participation of each other Lender in such
Letter of Credit shall be adjusted accordingly and (ii) will acquire, (and will pay to the Administrative Agent, for the account of each Lender, in immediately available funds, an amount equal to) its Ratable Share of all outstanding
Participation Advances. 
 2.11 Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Lender
becomes a Defaulting Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender: 
 (i) fees shall
cease to accrue on the unfunded portion of the Commitment of such Defaulting Lender pursuant to Section 2.3 [Commitment Fees]; 
 (ii)
the Commitment and outstanding Loans of such Defaulting Lender shall not be included in determining whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment, waiver or other modification
pursuant to Section 11.1 [Modifications, Amendments or Waivers]); provided, that this clause (ii) shall not apply to the vote of a Defaulting Lender in the case of an amendment, waiver or other modification requiring the consent of such
Lender or each Lender directly affected thereby; 

  
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 (iii) if any Swing Loans are outstanding or any Letter of Credit Obligations exist at the time
such Lender becomes a Defaulting Lender, then: 
 (a) all or any part of the outstanding Swing Loans and Letter of Credit Obligations of
such Defaulting Lender shall be reallocated among the non-Defaulting Lenders in accordance with their respective Ratable Shares but only to the extent that (x) the Revolving Facility Usage does not exceed the total of all non-Defaulting
Lenders’ Revolving Credit Commitments, and (y) no Potential Default or Event of Default has occurred and is continuing at such time; 

(b) if the reallocation described in clause (a) above cannot, or can only partially, be effected, the Borrower shall within one Business
Day following notice by the Administrative Agent (x) first, prepay such outstanding Swing Loans, and (y) second, cash collateralize for the benefit of the Issuing Lender the Borrower’s obligations corresponding to such
Defaulting Lender’s Letter of Credit Obligations (after giving effect to any partial reallocation pursuant to clause (a) above) in a deposit account held at the Administrative Agent for so long as such Letter of Credit Obligations are
outstanding; 
 (c) if the Borrower cash collateralizes any portion of such Defaulting Lender’s Letter of Credit Obligations pursuant
to clause (b) above, the Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to Section 2.8.2 [Letter of Credit Fees] with respect to such Defaulting Lender’s Letter of Credit Obligations during the
period such Defaulting Lender’s Letter of Credit Obligations are cash collateralized; 
 (d) if the Letter of Credit Obligations of
the non-Defaulting Lenders are reallocated pursuant to clause (a) above, then the fees payable to the Lenders pursuant to Section 2.8.2 [Letter of Credit Fees] shall be adjusted in accordance with such non-Defaulting Lenders’ Ratable
Share; and 
 (e) if all or any portion of such Defaulting Lender’s Letter of Credit Obligations are neither reallocated nor cash
collateralized pursuant to clause (a) or (b) above, then, without prejudice to any rights or remedies of the Issuing Lender or any other Lender hereunder, all Letter of Credit Fees payable under Section 2.8.2 [Letter of Credit Fees]
with respect to such Defaulting Lender’s Letter of Credit Obligations shall be payable to the Issuing Lender (and not to such Defaulting Lender) until and to the extent that such Letter of Credit Obligations are reallocated and/or cash
collateralized; and 
 (iv) so long as such Lender is a Defaulting Lender, PNC shall not be required to fund any Swing Loans and the
Issuing Lender shall not be required to issue, amend or increase any Letter of Credit, unless the Issuing Lender is satisfied that the related exposure and the Defaulting Lender’s then outstanding Letter of Credit Obligations will be 100%
covered by the Revolving Credit Commitments of the non-Defaulting Lenders and/or cash collateral will be provided by the Borrower in accordance with Section 2.11(iii), and participating interests in any newly made Swing Loan or any newly issued
or increased Letter of Credit shall be allocated among non-Defaulting Lenders in a manner consistent with Section 2.11(iii)(a) (and such Defaulting Lender shall not participate therein). 

If (i) a Bankruptcy Event with respect to a parent company of any Lender shall occur following the date hereof and for so long as such event shall
continue, or (ii) PNC or the Issuing Lender has a good faith belief that any Lender has defaulted in fulfilling its obligations under one or more 

  
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other agreements in which such Lender commits to extend credit, PNC shall not be required to fund any Swing Loan and the Issuing Lender shall not be required to issue, amend or increase any
Letter of Credit, unless PNC or the Issuing Lender, as the case may be, shall have entered into arrangements with the Borrower or such Lender, satisfactory to PNC or the Issuing Lender, as the case may be, to defease any risk to it in respect of
such Lender hereunder. 
 In the event that the Administrative Agent, the Borrower, PNC and the Issuing Lender agree in writing that a Defaulting Lender has
adequately remedied all matters that caused such Lender to be a Defaulting Lender, then the Administrative Agent will so notify the parties hereto, and the Ratable Share of the Swing Loans and Letter of Credit Obligations of the Lenders shall be
readjusted to reflect the inclusion of such Lender’s Commitment, and on such date such Lender shall purchase at par such of the Loans of the other Lenders (other than Swing Loans) as the Administrative Agent shall determine may be necessary in
order for such Lender to hold such Loans in accordance with its Ratable Share. 
 2.12 Utilization of Commitments in Optional
Currencies. 
 2.12.1 Periodic Computations of Dollar Equivalent Amounts of Revolving Credit Loans that are Optional Currency Loans;
Repayment in Same Currency. For purposes of determining utilization of the Revolving Credit Commitments, the Administrative Agent will determine the Dollar Equivalent amount of (i) the proposed Revolving Credit Loans that are Optional
Currency Loans as of the requested Borrowing Date or date of issuance, as the case may be, and (ii) the outstanding Revolving Credit Loans denominated in an Optional Currency as of the end of each Interest Period (each such date under clauses
(i) and (ii), and any other date on which the Administrative Agent determines it is necessary or advisable to make such computation, in its sole discretion, is referred to as a “Computation Date”). Unless otherwise provided in
this Agreement or agreed to by the Administrative Agent and the Required Lenders, each Loan shall be repaid or prepaid in the same currency in which the Loan was made. A certificate of the Administrative Agent setting forth the Administrative
Agent’s determination of such Dollar Equivalent amounts shall be delivered to the Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. 

2.12.2 Notices From Lenders That Optional Currencies Are Unavailable to Fund New Loans. The Lenders shall be under no obligation to
make an Optional Currency Loan requested by the Borrower if any Lender notifies the Administrative Agent by 5:00 p.m. four (4) Business Days prior to the Borrowing Date for such Optional Currency Loan that such Lender cannot provide its
Revolving Credit Ratable Share of such Optional Currency Loan. In the event the Administrative Agent timely receives a notice from a Lender pursuant to the preceding sentence, the Administrative Agent will notify the Borrower no later than 12:00
noon three (3) Business Days prior to the Borrowing Date for such Optional Currency Loan that the Optional Currency is not then available for such Optional Currency Loan, and the Administrative Agent shall promptly thereafter notify the Lenders
of the same and the Lenders shall not make such Optional Currency Loan requested by the Borrower under their Loan Request. 
 2.12.3
Notices From Lenders That Optional Currencies Are Unavailable to Fund Renewals of the Euro-Rate Option. If the Borrower delivers a Loan Request requesting that the Lenders renew the Euro-Rate Option with respect to an outstanding Borrowing
Tranche of an 

  
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Optional Currency Loan, the Lenders shall be under no obligation to renew such Euro-Rate Option if any Lender delivers to the Administrative Agent a notice by 5:00 p.m. four (4) Business
Days prior to the effective date of such renewal that such Lender cannot continue to provide such Optional Currency Loan in the applicable Optional Currency. In the event the Administrative Agent timely receives a notice from a Lender pursuant to
the preceding sentence, the Administrative Agent will notify the Borrower no later than 12:00 noon three (3) Business Days prior to the renewal date that the renewal of such Optional Currency Loan in the applicable Optional Currency is not then
available, and the Administrative Agent shall promptly thereafter notify the Lenders of the same. If the Administrative Agent shall have so notified the Borrower that any such continuation of such Optional Currency Loan in such Optional Currency is
not then available, any notice of renewal with respect thereto shall be deemed withdrawn, and such Loans shall be redenominated into Loans in Dollars at the Base Rate Option or Euro-Rate Option, at the Borrower’s option (subject, in the case of
the Euro-Rate Option, to compliance with Section 2.5 [Making Revolving Credit Loans, Etc.] and Section 4.1 [Interest Rate Options]), with effect from the last day of the Interest Period with respect to any such Loans. The Administrative
Agent will promptly notify the Borrower and the Lenders of any such redenomination, and in such notice, the Administrative Agent will state the aggregate Dollar Equivalent amount of the redenominated Loan as of the applicable Computation Date with
respect thereto and such Lender’s Revolving Credit Ratable Share thereof. 
 2.12.4 European Monetary Union. 

2.12.4.1 Payments In Euros Under Certain Circumstances. If (i) any Optional Currency ceases to be lawful currency of the nation
issuing the same and is replaced by the Euro or (ii) any Optional Currency and the Euro are at the same time recognized by any governmental authority of the nation issuing such currency as lawful currency of such nation and the Administrative
Agent or the Required Lenders shall so request in a notice delivered to the Borrower, then any amount payable hereunder by any party hereto in such Optional Currency shall instead by payable in the Euro and the amount so payable shall be determined
by translating the amount payable in such Optional Currency to the Euro at the exchange rate established by that nation for the purpose of implementing the replacement of the relevant Optional Currency by the Euro (and the provisions governing
payments in Optional Currencies in this Agreement shall apply to such payment in the Euro as if such payment in the Euro were a payment in an Optional Currency). Prior to the occurrence of the event or events described in clause (i) or
(ii) of the preceding sentence, each amount payable hereunder in any Optional Currency will, except as otherwise provided herein, continue to be payable only in that currency. A certificate of the Administrative Agent setting forth the
Administrative Agent’s determination of the translation of the amount payable in such Optional Currency to the Euro shall be delivered to the Borrower and shall be conclusive absent manifest error so long as such determination is made on a
reasonable basis. 
 2.12.4.2 Additional Compensation Under Certain Circumstances. The Borrower agrees, at the request of any Lender,
to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would
not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts 

  
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necessary to compensate such Lender shall be delivered to the Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrower
shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof. 
 2.12.5 Requests
for Additional Optional Currencies. The Borrower may deliver to the Administrative Agent a written request that Revolving Credit Loans hereunder also be permitted to be made in any other lawful currency (other than Dollars), provided that
such currency must be freely traded in the offshore interbank foreign exchange markets, freely transferable, freely convertible into Dollars and available to the Lenders in the Relevant Interbank Market. The Administrative Agent will promptly notify
the Lenders of any such request promptly after the Administrative Agent receives such request. The Administrative Agent will promptly notify the Borrower of the acceptance or rejection by the Administrative Agent and each of the Lenders of the
Borrower’s request. The requested currency shall be approved as an Optional Currency hereunder only if the Administrative Agent and all of the Lenders approve of the Borrower’s request. 

3. TERM LOANS 
 3.1
Term Loan Commitments. Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make a term loan (the “Term Loan”) to the Borrower on
the Closing Date in Dollars in such principal amount as the Borrower shall request up to, but not exceeding such Lender’s Term Loan Commitment. 

3.2 Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make Term Loans
to the Borrower shall be in the proportion that such Lender’s Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the Borrower, but each Lender’s Term Loan to the Borrower shall never exceed its Term Loan Commitment.
The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term
Loans hereunder after the Closing Date. The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. The Term Loans shall be
paid in consecutive quarterly principal payments on the first Business Day of each January, April, July and October with the first payment commencing on October 1, 2013 as follows: (i) twenty consecutive quarterly installments of
$5,000,000 and (ii) a final installment of all remaining principal due and payable on the Maturity Date; provided, however, that if the Acquisition is not consummated within five (5) Business Days of the Closing Date, the entire unpaid
principal balance of the Term Loans, together with all accrued interest and all other sums and costs incurred by the Borrower with respect to the Term Loans pursuant to the terms hereof shall be due and payable on the date that is six
(6) Business Days after the Closing Date and thereupon the Term Loan Commitments shall be and shall be deemed to be terminated. Any such prepayment shall be subject to the Borrower’s Obligation to indemnify the Lenders under
Section 5.9 [Indemnity]. 

  
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 4. INTEREST RATES 

4.1 Interest Rate Options. The Borrower shall pay interest in respect of the outstanding unpaid principal amount of the Loans as
selected by it from the Base Rate Option or Euro-Rate Option set forth below applicable to the Loans, it being understood that, subject to the provisions of this Agreement, the Borrower may select different Interest Rate Options and different
Interest Periods to apply simultaneously to the Loans comprising different Borrowing Tranches and may convert to or renew one or more Interest Rate Options with respect to all or any portion of the Loans comprising any Borrowing Tranche;
provided that there shall not be at any one time outstanding more than eight (8) Borrowing Tranches in the aggregate among all of the Loans and provided further that if an Event of Default or Potential Default exists and is
continuing, the Borrower may not request, convert to, or renew the Euro-Rate Option for any Loans and the Required Lenders may demand that all existing Borrowing Tranches bearing interest under the Euro-Rate Option shall be converted immediately to
the Base Rate Option, subject to the obligation of the Borrower to pay any indemnity under Section 5.9 [Indemnity] in connection with such conversion. If at any time the designated rate applicable to any Loan made by any Lender exceeds such
Lender’s highest lawful rate, the rate of interest on such Lender’s Loan shall be limited to such Lender’s highest lawful rate. Interest on the principal amount of each Optional Currency Loan shall be paid by the Borrower in such
Optional Currency. 
 4.1.1 Revolving Credit Interest Rate Options; Swing Line Interest Rate. The Borrower shall have the right to
select from the following Interest Rate Options applicable to the Revolving Credit Loans, provided that all Optional Currency Loans shall bear interest at the Revolving Credit Euro-Rate Option: 

(i) Revolving Credit Base Rate Option: A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case
may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or 

(ii) Revolving Credit Euro-Rate Option: A rate per annum (computed on the basis of a year of 360 days and actual days elapsed) equal
to the Euro-Rate as determined for each applicable Interest Period plus the Applicable Margin; provided however, that for Loans made in an Optional Currency for which a 365-day basis is the only market practice available to the Administrative Agent,
such rate shall be calculated on the basis of a 365-day year. 
 Subject to Section 4.3 [Interest After Default], only the Base Rate Option applicable
to Revolving Credit Loans shall apply to the Swing Loans. 
 4.1.2 Term Loan Interest Rate Options. The Borrower shall have the right
to select from the following Interest Rate Options applicable to the Term Loans: 
 (i) Term Loan Base Rate Option: A fluctuating
rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the
effective date of each change in the Base Rate; or 

  
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 (ii) Term Loan Euro-Rate Option: A rate per annum (computed on the basis of a year of 360
days and actual days elapsed) equal to the Euro-Rate plus the Applicable Margin. 
 4.1.3 Rate Quotations. The Borrower may call the
Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders
nor affect the rate of interest which thereafter is actually in effect when the election is made. 
 4.2 Interest Periods. At any
time when the Borrower shall select, convert to or renew a Euro-Rate Option, the Borrower shall notify the Administrative Agent thereof by delivering a Loan Request to the Administrative Agent (i) at least three (3) Business Days prior to
the effective date of such Euro-Rate Option with respect to a Loan denominated in Dollars, and (ii) at least four (4) Business Days prior to the effective date of such Euro-Rate Option with respect to an Optional Currency Loan. The notice
shall specify an Interest Period during which such Interest Rate Option shall apply. Notwithstanding the preceding sentence, the following provisions shall apply to any selection of, renewal of, or conversion to a Euro-Rate Option: 

4.2.1 Amount of Borrowing Tranche. Each Borrowing Tranche of Loans under the Euro-Rate Option shall be in integral multiples of, and
not less than, the respective amounts set forth in Section 2.4.1 [Revolving Credit Loan Requests]; and 
 4.2.2 Renewals. In the
case of the renewal of a Euro-Rate Option at the end of an Interest Period, the first day of the new Interest Period shall be the last day of the preceding Interest Period, without duplication in payment of interest for such day. 

4.3 Interest After Default. To the extent permitted by Law, upon the occurrence of an Event of Default and until such time such Event
of Default shall have been cured or waived, at the discretion of the Administrative Agent or upon written demand by the Required Lenders to the Administrative Agent: 

4.3.1 Letter of Credit Fees, Interest Rate. The Letter of Credit Fees and the rate of interest for each Loan otherwise applicable
pursuant to Section 2.8.2 [Letter of Credit Fees] or Section 4.1 [Interest Rate Options], respectively, shall be increased by 2.0% per annum; 

4.3.2 Other Obligations. Each other Obligation hereunder if not paid when due shall bear interest at a rate per annum equal to the sum
of the rate of interest applicable to Revolving Credit Loans under the Base Rate Option plus an additional 2.0% per annum from the time such Obligation becomes due and payable and until it is Paid In Full; and 

4.3.3 Acknowledgment. The Borrower acknowledges that the increase in rates referred to in this Section 4.3 reflects, among other
things, the fact that such Loans or other amounts have become a substantially greater risk given their default status and that the Lenders are entitled to additional compensation for such risk; and all such interest shall be payable by Borrower upon
demand by Administrative Agent. 

  
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 4.4 Euro-Rate Unascertainable; Illegality; Increased Costs; Deposits Not Available. 

4.4.1 Unascertainable. If on any date on which a Euro-Rate would otherwise be determined, the Administrative Agent shall have
determined that: 
 (i) adequate and reasonable means do not exist for ascertaining such Euro-Rate, or 

(ii) a contingency has occurred which materially and adversely affects the London interbank eurodollar market relating to the Euro-Rate, 

then the Administrative Agent shall have the rights specified in Section 4.4.3 [Administrative Agent’s and Lender’s Rights]. 

4.4.2 Illegality; Increased Costs; Deposits Not Available. If at any time any Lender shall have determined that: 

(i) the making, maintenance or funding of any Loan to which a Euro-Rate Option applies has been made impracticable or unlawful by compliance
by such Lender in good faith with any Law or any interpretation or application thereof by any Official Body or with any request or directive of any such Official Body (whether or not having the force of Law), or 

(ii) such Euro-Rate Option will not adequately and fairly reflect the cost to such Lender of the establishment or maintenance of any such
Loan, or 
 (iii) after making all reasonable efforts, deposits of the relevant amount in Dollars or in the Optional Currency, as
applicable, for the relevant Interest Period for a Loan, or to banks generally, to which a Euro-Rate Option applies, respectively, are not available to such Lender with respect to such Loan, or to banks generally, in the interbank eurodollar market,

 then the Administrative Agent shall have the rights specified in Section 4.4.3 [Administrative Agent’s and Lender’s Rights]. 

4.4.3 Administrative Agent’s and Lender’s Rights. In the case of any event specified in Section 4.4.1 [Unascertainable]
above, the Administrative Agent shall promptly so notify the Lenders and the Borrower thereof, and in the case of an event specified in Section 4.4.2 [Illegality; Increased Costs; Deposits Not Available] above, such Lender shall promptly so
notify the Administrative Agent and endorse a certificate to such notice as to the specific circumstances of such notice, and the Administrative Agent shall promptly send copies of such notice and certificate to the other Lenders and the Borrower.
Upon such date as shall be specified in such notice (which shall not be earlier than the date such notice is given), the obligation of (A) the Lenders, in the case of such notice given by the Administrative Agent, or (B) such Lender, in
the case of such notice given by such Lender, to allow the Borrower to 

  
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select, convert to or renew a Euro-Rate Option or select an Optional Currency, as applicable, shall be suspended until the Administrative Agent shall have later notified the Borrower, or such
Lender shall have later notified the Administrative Agent, of the Administrative Agent’s or such Lender’s, as the case may be, determination that the circumstances giving rise to such previous determination no longer exist. If at any time
the Administrative Agent makes a determination under Section 4.4.1 [Unascertainable] and the Borrower has previously notified the Administrative Agent of its selection of, conversion to or renewal of a Euro-Rate Option and such Interest Rate
Option has not yet gone into effect, such notification shall be deemed to provide for selection of, conversion to or renewal of the Base Rate Option otherwise available with respect to such Loans. If any Lender notifies the Administrative Agent of a
determination under Section 4.4.2 [Illegality; Increased Costs; Deposits Not Available], the Borrower shall, subject to the Borrower’s indemnification Obligations under Section 5.9 [Indemnity], as to any Loan of the Lender to which a
Euro-Rate Option applies, on the date specified in such notice either (i) as applicable, convert such Loan to the Base Rate Option otherwise available with respect to such Loan or select a different Optional Currency or Dollars, or
(ii) prepay such Loan in accordance with Section 5.6 [Voluntary Prepayments]. Absent due notice from the Borrower of conversion or prepayment, such Loan shall automatically be converted to the Base Rate Option otherwise available with
respect to such Loan upon such specified date. 
 4.5 Selection of Interest Rate Options. If the Borrower fails to select a new
Interest Period to apply to any Borrowing Tranche of Loans under the Euro-Rate Option at the expiration of an existing Interest Period applicable to such Borrowing Tranche in accordance with the provisions of Section 4.2 [Interest Periods], the
Borrower shall be deemed to have converted such Borrowing Tranche to the Base Rate Option, as applicable to Revolving Credit Loans or Term Loans as the case may be commencing upon the last day of the existing Interest Period. 

5. PAYMENTS 
 5.1
Payments. All payments and prepayments to be made in respect of principal, interest, Commitment Fees, Letter of Credit Fees, Administrative Agent’s Fee or other fees or amounts due from the Borrower hereunder shall be payable prior to
11:00 a.m. on the date when due without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived by the Borrower, and without set-off, counterclaim or other deduction of any nature, and an action therefor shall
immediately accrue. Such payments shall be made to the Administrative Agent at the Principal Office for the account of PNC with respect to the Swing Loans and for the ratable accounts of the Lenders with respect to the Revolving Credit Loans or Term
Loans in U.S. Dollars and in immediately available funds, and the Administrative Agent shall promptly distribute such amounts to the Lenders in immediately available funds; provided that in the event payments are received by 11:00 a.m. by the
Administrative Agent with respect to the Loans and such payments are not distributed to the Lenders on the same day received by the Administrative Agent, the Administrative Agent shall pay the Lenders interest at the Federal Funds Effective Rate in
the case of Loans or other amounts due in Dollars, or the Overnight Rate in the case of Loans or other amounts due in an Optional Currency, with respect to the amount of such payments for each day held by the Administrative Agent and not distributed
to the Lenders. The Administrative Agent’s and each Lender’s statement of account, ledger or other relevant record shall, in the absence of manifest error, be conclusive as the statement of the amount of principal of and interest on the
Loans and other amounts owing under this Agreement (including 

  
 51 

 
the Equivalent Amounts of the applicable currencies where such computations are required) and shall be deemed an “account stated”. All payments of principal and interest made in respect
of the Loans must be repaid in the same currency (whether Dollars or the applicable Optional Currency) in which such Loan was made. The Administrative Agent may (but shall not be obligated to) debit the amount of any such payment which is not made
by such time to any ordinary deposit account of the applicable Borrower with the Administrative Agent. 
 5.2 Pro Rata Treatment of
Lenders. Each borrowing of Revolving Credit Loans shall be allocated to each Lender according to its Ratable Share, and each selection of, conversion to or renewal of any Interest Rate Option and each payment or prepayment by the Borrower with
respect to principal, interest, Commitment Fees and Letter of Credit Fees (but excluding the Administrative Agent’s Fee and the Issuing Lender’s fronting fee) shall (except as otherwise may be provided with respect to a Defaulting Lender
and except as provided in Sections 4.4.3 [Administrative Agent’s and Lender’s Rights] in the case of an event specified in Section 4.4 [Euro-Rate Unascertainable; Etc.], 5.6.2 [Replacement of a Lender] or 5.7 [Increased Costs])
be payable ratably among the Lenders entitled to such payment in accordance with the amount of principal, interest, Commitment Fees and Letter of Credit Fees, as set forth in this Agreement. Notwithstanding any of the foregoing, each borrowing or
payment or prepayment by the Borrower of principal, interest, fees or other amounts from the Borrower with respect to Swing Loans shall be made by or to PNC according to Section 2.5.5 [Borrowings to Repay Swing Loans]. 

5.3 Sharing of Payments by Lenders. If any Lender shall, by exercising any right of setoff, counterclaim or banker’s lien, by
receipt of voluntary payment, by realization upon security, or by any other non-pro rata source, obtain payment in respect of any principal of or interest on any of its Loans or other obligations hereunder resulting in such Lender’s receiving
payment of a proportion of the aggregate amount of its Loans and accrued interest thereon or other such obligations greater than the pro-rata share of the amount such Lender is entitled thereto, then the Lender receiving such greater proportion
shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and such other obligations of the other Lenders, or make such other adjustments as shall be equitable, so that
the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that: 

(i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations
shall be rescinded and the purchase price restored to the extent of such recovery, together with interest or other amounts, if any, required by Law (including court order) to be paid by the Lender or the holder making such purchase; and 

(ii) the provisions of this Section 5.3 shall not be construed to apply to (x) any payment made by the Loan Parties pursuant to and
in accordance with the express terms of the Loan Documents or (y) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or Participation Advances to any assignee or participant,
other than to the Borrower or any Subsidiary thereof (as to which the provisions of this Section 5.3 shall apply). 

  
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 Each Loan Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable
Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against each Loan Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of each
Loan Party in the amount of such participation. 
 5.4 Presumptions by Administrative Agent. Unless the Administrative Agent shall
have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the Issuing Lender hereunder that the Borrower will not make such payment, the Administrative Agent
may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the Issuing Lender, as the case may be, the amount due. In such event, if the Borrower has
not in fact made such payment, then each of the Lenders or the Issuing Lender, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or the Issuing Lender, with
interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Effective Rate (or, for payments in an Optional
Currency, the Overnight Rate) and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

5.5 Interest Payment Dates. Interest on Loans to which the Base Rate Option applies shall be due and payable in arrears on each Payment
Date. Interest on Loans to which the Euro-Rate Option applies shall be due and payable on the last day of each Interest Period for those Loans and, if such Interest Period is longer than three (3) Months, also on the 90th day of such Interest
Period. Interest on the principal amount of each Loan or other monetary Obligation shall be due and payable on demand after such principal amount or other monetary Obligation becomes due and payable (whether on the stated Expiration Date, Maturity
Date, upon acceleration or otherwise). 
 5.6 Voluntary Prepayments. 

5.6.1 Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without
premium or penalty (except as provided in Section 5.6.2 [Replacement of a Lender] below, in Section 5.7 [Increased Costs] and Section 5.9 [Indemnity]). Whenever the Borrower desires to prepay any part of the Loans, it shall provide a
prepayment notice to the Administrative Agent by 1:00 p.m. at least one (1) Business Day prior to the date of prepayment of the Revolving Credit Loans denominated in Dollars or Term Loans, and at least four (4) Business Days prior to the
date of prepayment of any Optional Currency Loans, or no later than 2:00 p.m. on the date of prepayment of Swing Loans, setting forth the following information: 

(w) the date, which shall be a Business Day, on which the proposed prepayment is to be made; 

(x) a statement indicating the application of the prepayment between the Revolving Credit Loans, Term Loans and Swing Loans;

  
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 (y) a statement indicating the application of the prepayment between Loans to
which the Base Rate Option applies and Loans to which the Euro-Rate Option applies; and 
 (z) the total principal amount of
such prepayment, which shall not be less than the lesser of (i) the Revolving Facility Usage, (ii) $100,000 for any Swing Loan or (iii) $500,000 for any Revolving Credit Loan (including Optional Currency Loans) or Term Loan. 

All prepayment notices shall be irrevocable. The principal amount of the Loans for which a prepayment notice is given, together with interest
on such principal amount, shall be due and payable on the date specified in such prepayment notice as the date on which the proposed prepayment is to be made. All Term Loan prepayments permitted pursuant to this Section 5.6.1 [Right to Prepay]
shall be applied to the unpaid installments of principal of the Term Loans in the inverse order of scheduled maturities. Except as provided in Section 4.4.3 [Administrative Agent’s and Lender’s Rights], if the Borrower prepays a Loan
but fails to specify the applicable Borrowing Tranche which the Borrower is prepaying, the prepayment shall be applied (i) first to Revolving Credit Loans and then to Term Loans; and (ii) after giving effect to the allocations in
clause (i) above and in the preceding sentence, first to the Revolving Credit Loans and Term Loans to which the Base Rate Option applies, then to Revolving Credit Loans which are not Optional Currency Loans and the Term Loans to which the LIBOR
Rate Option applies, then to Optional Currency Loans, then to Swing Loans to which the Base Rate Option applies. Any prepayment hereunder shall be subject to the Borrower’s Obligation to indemnify the Lenders under Section 5.9 [Indemnity].
Prepayments shall be made in the currency in which such Loan was made unless otherwise directed by the Administrative Agent. 
 5.6.2
Replacement of a Lender. In the event any Lender (i) gives notice under Section 4.4 [Euro-Rate Unascertainable, Etc.], (ii) requests compensation under Section 5.7 [Increased Costs], or requires the Borrower to pay any
Indemnified Taxes or additional amount to any Lender or any Official Body for the account of any Lender pursuant to Section 5.8 [Taxes], (iii) is a Defaulting Lender, (iv) becomes subject to the control of an Official Body (other than
normal and customary supervision), or (v) is a Non-Consenting Lender referred to in Section 11.1 [Modifications, Amendments or Waivers], then in any such event the Borrower may, at its sole expense, upon notice to such Lender and the
Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 11.8 [Successors and Assigns]), all of its interests, rights
(other than existing rights to payments pursuant to Sections 5.7 [Increased Costs] or 5.8 [Taxes]) and obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may be another
Lender, if a Lender accepts such assignment), provided that: 
 (i) the Borrower shall have paid to the Administrative Agent the assignment
fee specified in Section 11.8 [Successors and Assigns]; 
 (ii) such Lender shall have received payment of an amount equal to the
outstanding principal of its Loans and Participation Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents 

  
 54 

 
(including any amounts under Section 5.9 [Indemnity]) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other
amounts); 
 (iii) in the case of any such assignment resulting from a claim for compensation under Section 5.7.1 [Increased Costs
Generally] or payments required to be made pursuant to Section 5.8 [Taxes], such assignment will result in a reduction in such compensation or payments thereafter; and 

(iv) such assignment does not conflict with applicable Law. 

A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the
circumstances entitling the Borrower to require such assignment and delegation cease to apply. 
 5.6.3 Designation of a Different
Lending Office. If any Lender requests compensation under Section 5.7 [Increased Costs], or the Borrower is or will be required to pay any Indemnified Taxes or additional amounts to any Lender or any Official Body for the account of any
Lender pursuant to Section 5.8 [Taxes], then such Lender shall (at the request of the Borrower) use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations
hereunder to another of its offices, branches or affiliates, if, in the reasonable judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 5.7 [Increased Costs] or
Section 5.8 [Taxes], as the case may be, in the future, and (ii) would not subject such Lender to any material unreimbursed cost or expense and would not otherwise be materially disadvantageous to such Lender. The Borrower hereby agrees to
pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 
 5.7 Increased
Costs. 
 5.7.1 Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets
of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the Euro-Rate) or the Issuing Lender; 

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

 (iii) impose on any Lender, the Issuing Lender or the London interbank market any other condition, cost or expense (other than Taxes)
affecting this Agreement or 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 such other Recipient of making, converting to, continuing or maintaining any Loan or of maintaining its 

  
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obligation to make any such Loan, or to increase the cost to such Lender, the Issuing Lender or such other Recipient of participating in, issuing or maintaining any Letter of Credit (or of
maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender, the Issuing Lender or other Recipient hereunder (whether of principal, interest or any other
amount) then, upon request of such Lender, the Issuing Lender or other Recipient, the Borrower will pay to such Lender, the Issuing Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or
the Issuing Lender, as the case may be, for such additional costs incurred or reduction suffered. 
 5.7.2 Capital Requirements. If
any Lender or the Issuing Lender determines that any Change in Law affecting such Lender or the Issuing Lender or any lending office of such Lender or such Lender’s or the Issuing Lender’s holding company, if any, regarding capital or
liquidity requirements has or would have the effect of reducing the rate of return on such Lender’s or the Issuing Lender’s capital or on the capital of such Lender’s or the Issuing Lender’s holding company, if any, as a
consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of Credit or Swing Loans held by, such Lender, or the Letters of Credit issued by the Issuing Lender, to a level below that which such
Lender or the Issuing Lender or such Lender’s or the Issuing Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the Issuing Lender’s policies and the policies of
such Lender’s or the Issuing Lender’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender or the Issuing Lender, as the case may be, such additional amount or amounts as will
compensate such Lender or the Issuing Lender or such Lender’s or the Issuing Lender’s holding company for any such reduction suffered. 

5.7.3 Certificates for Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans. A certificate of a Lender or the Issuing
Lender setting forth the amount or amounts necessary to compensate such Lender or the Issuing Lender or its holding company, as the case may be, as specified in Sections 5.7.1 [Increased Costs Generally] or 5.7.2 [Capital Requirements] and delivered
to the Borrower shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrower shall pay such Lender or the Issuing Lender, as the case may be, the amount shown as due on any such certificate
within ten (10) Business Days after receipt thereof. 
 5.7.4 Delay in Requests. Failure or delay on the part of any Lender or
the Issuing Lender to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s or the Issuing Lender’s right to demand such compensation, provided that the Borrower shall not be required to
compensate a Lender or the Issuing Lender pursuant to this Section for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender or the Issuing Lender, as the case may be, notifies the Borrower of
the Change in Law giving rise to such increased costs or reductions and of such Lender’s or the Issuing Lender’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions
is retroactive, then the nine (9) month period referred to above shall be extended to include the period of retroactive effect thereof). 

  
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 Notwithstanding anything to the contrary in this Section 5.7, in the event that any Lender shall have
determined (which determination shall, absent manifest error, be final and conclusive and binding upon all parties hereto) that it shall have incurred Additional Costs in connection with any Loans made by such Lender, the Borrower agrees, within ten
(10) Business Days of request by such Lender, to pay to such Lender the amount of such Additional Costs; provided that payments for Additional Costs under this paragraph shall be without duplication of any other payment under this
Section 5.7. A certificate of such Lender setting forth the Lender’s determination of such Additional Costs shall be delivered to the Borrower. 

5.8 Taxes. 
 5.8.1
Issuing Lender. For purposes of this Section 5.8, the term “Lender” includes the Issuing Lender and the term “applicable Law” includes FATCA. 

5.8.2 Payments Free of Taxes. Any and all payments by or on account of any obligation of any Loan Party under any Loan Document shall
be without deduction or withholding for any Taxes, except as required by applicable Law. If any applicable Law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any
such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Official Body in accordance with applicable
Law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to
additional sums payable under this Section 5.8 [Taxes]) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. 

5.8.3 Payment of Other Taxes by the Loan Parties. The Loan Parties shall timely pay to the relevant Official Body in accordance with
applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 
 5.8.4
Indemnification by the Loan Parties. The Loan Parties shall jointly and severally indemnify each Recipient, within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or
asserted on or attributable to amounts payable under this Section 5.8 [Taxes]) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Official Body. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the
Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 

5.8.5 Indemnification by the Lenders. Each Lender shall severally indemnify the Administrative Agent, within ten (10) days after
demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that any Loan Party has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of any of
the Loan Parties to do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 11.8.4 [Participations] relating to the maintenance of a 

  
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Participant Register, and (iii) any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the Administrative Agent in connection with any Loan Document, and
any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Official Body. A certificate as to the amount of such payment or liability delivered to any
Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise
payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this Section 5.8.5 [Indemnification by the Lenders]. 

5.8.6 Evidence of Payments. As soon as practicable after any payment of Taxes by any Loan Party to an Official Body pursuant to this
Section 5.8 [Taxes], such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Official Body evidencing such payment, a copy of the return reporting such payment or other evidence of
such payment reasonably satisfactory to the Administrative Agent. 
 5.8.7 Status of Lenders. 

(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document
shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the
Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other
documentation prescribed by applicable Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or
information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 5.8.7(ii)(A),
(ii)(B) and (ii)(D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or
commercial position of such Lender. In such case, the Borrower shall have the right to replace any such Lender with one or more replacement Lenders pursuant to Section 5.6.2 [Replacement of a Lender] 

(ii) Without limiting the generality of the foregoing, in the event that the Borrower is a U.S. Borrower, 

(A) any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender
becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup
withholding tax; 

  
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 (B) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the
Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable
request of the Borrower or the Administrative Agent), whichever of the following is applicable: 
 (i) in the case of a
Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or
reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or
reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

(ii) executed originals of IRS Form W-8ECI; 

(iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c)
of the Code, (x) a certificate substantially in the form of Exhibit 5.8.7 (A) to the effect that such Foreign Lender is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (B) a
“10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax
Compliance Certificate”) and (y) executed originals of IRS Form W-8BEN; or 
 (iv) to the extent a Foreign
Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit 5.8.7 (B) or
Exhibit 5.8.7(C), IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign
Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit 5.8.7(D) on behalf of each such direct and indirect partner; 

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

  
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 (D) if a payment made to a Lender under any Loan Document would be subject to U.S. federal
withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the
Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under
FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include
any amendments made to FATCA after the date of this Agreement. 
 Each Lender agrees that if any form or certification it previously
delivered expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so. 

5.8.8 Treatment of Certain Refunds. If any party determines, in its sole discretion exercised in good faith, that it has received a
refund of any Taxes as to which it has been indemnified pursuant to this Section 5.8 [Taxes] (including by the payment of additional amounts pursuant to this Section 5.8 [Taxes]), it shall pay to the indemnifying party an amount equal to
such refund (but only to the extent of indemnity payments made under this Section 5.8 [Taxes] with respect to the Taxes giving rise to such refund), net of all reasonable out-of-pocket expenses (including Taxes) of such indemnified party and
without interest (other than any interest paid by the relevant Official Body with respect to such refund). Such indemnifying party, upon the request of such indemnified party incurred in connection with obtaining such refund, shall repay to such
indemnified party the amount paid over pursuant to this Section 5.8.8 [Treatment of Certain Refunds] (plus any penalties, interest or other charges imposed by the relevant Official Body) in the event that such indemnified party is required to
repay such refund to such Official Body. Notwithstanding anything to the contrary in this Section 5.8.8 [Treatment of Certain Refunds]), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to
this Section 5.8.8 [Treatment of Certain Refunds] the payment of which would place the indemnified party in a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject to indemnification and giving
rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This paragraph shall not be construed to require any indemnified party to
make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to the indemnifying party or any other Person. 

5.8.9 Survival. Each party’s obligations under this Section 5.8 [Taxes] shall survive the resignation of the Administrative
Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all Obligations. 

  
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 5.9 Indemnity. In addition to the compensation or payments required by Section 5.7
[Increased Costs] or Section 5.8 [Taxes], the Borrower shall indemnify each Lender against all liabilities, losses or expenses (including loss of anticipated profits, any foreign exchange losses and any loss or expense arising from the
liquidation or reemployment of funds obtained by it to maintain such Loan, from fees payable to terminate the deposits from which such funds were obtained or from the performance of any foreign exchange contract) which such Lender sustains or incurs
as a consequence of any: 
 (i) payment, prepayment, conversion or renewal of any Loan to which a Euro-Rate Option applies on a day other
than the last day of the corresponding Interest Period (whether or not such payment or prepayment is mandatory, voluntary or automatic and whether or not such payment or prepayment is then due), 

(ii) attempt by the Borrower to revoke (expressly, by later inconsistent notices or otherwise) in whole or part any Loan Requests under
Section 2.4 [Revolving Credit Loan Requests; Swing Loan Requests] or Section 4.2 [Interest Periods] or notice relating to prepayments under Section 5.6 [Voluntary Prepayments], or 

If any Lender sustains or incurs any such loss or expense, it shall from time to time notify the Borrower of the amount determined in good
faith by such Lender (which determination may include such assumptions, allocations of costs and expenses and averaging or attribution methods as such Lender shall deem reasonable) to be necessary to indemnify such Lender for such loss or expense.
Such notice shall set forth in reasonable detail the basis for such determination. Such amount shall be due and payable by the Borrower to such Lender ten (10) Business Days after such notice is given. 

5.10 Settlement Date Procedures. In order to minimize the transfer of funds between the Lenders and the Administrative Agent, the
Borrower may borrow, repay and reborrow Swing Loans and PNC may make Swing Loans as provided in Section 2.1.2 [Swing Loan Commitments] hereof during the period between Settlement Dates. The Administrative Agent shall notify each Lender of its
Ratable Share of the total of the Revolving Credit Loans and the Swing Loans (each a “Required Share”). On such Settlement Date, each Lender shall pay to the Administrative Agent the amount equal to the difference between its
Required Share and its Revolving Credit Loans, and the Administrative Agent shall pay to each Lender its Ratable Share of all payments made by the Borrower to the Administrative Agent with respect to the Revolving Credit Loans. The Administrative
Agent shall also effect settlement in accordance with the foregoing sentence on the proposed Borrowing Dates for Revolving Credit Loans and on any mandatory prepayment date as provided for herein and may at its option effect settlement on any other
Business Day. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.10 shall relieve the Lenders of their obligations to fund Revolving Credit Loans on dates other
than a Settlement Date pursuant to Section 2.1.2 [Swing Loan Commitment]. The Administrative Agent may at any time at its option for any reason whatsoever require each Lender to pay immediately to the Administrative Agent such Lender’s
Ratable Share of the outstanding Revolving Credit Loans and each Lender may at any time require the Administrative Agent to pay immediately to such Lender its Ratable Share of all payments made by the Borrower to the Administrative Agent with
respect to the Revolving Credit Loans. 

  
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 5.11 Currency Fluctuations. If on any Computation Date the Revolving Facility Usage is
equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between any applicable Optional Currency and Dollars, then the Administrative Agent shall notify the Borrower of the same. The Borrower shall
pay or prepay (subject to Borrower’s indemnity obligations under Sections 5.7 [Increased Costs] and 5.9 [Indemnity]) within one (1) Business Day after receiving such notice such that the Revolving Facility Usage shall not exceed the
aggregate Revolving Credit Commitments after giving effect to such payments or prepayments. 
 5.12 Currency Conversion Procedures for
Judgments. If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder in any currency (the “Original Currency”) into another currency (the “Other Currency”), the
parties hereby agree, to the fullest extent permitted by Law, that the rate of exchange used shall be that at which in accordance with normal lending procedures each Lender could purchase the Original Currency with the Other Currency after any
premium and costs of exchange on the Business Day preceding that on which final judgment is given. 
 5.13 Indemnity in Certain
Events. The obligation of Borrower in respect of any sum due from Borrower to any Lender hereunder shall, notwithstanding any judgment in an Other Currency, whether pursuant to a judgment or otherwise, be discharged only to the extent that, on
the Business Day following receipt by any Lender of any sum adjudged to be so due in such Other Currency, such Lender may in accordance with normal lending procedures purchase the Original Currency with such Other Currency. If the amount of the
Original Currency so purchased is less than the sum originally due to such Lender in the Original Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment or payment, to indemnify such Lender against such loss.

 6. REPRESENTATIONS AND WARRANTIES 

6.1 Representations and Warranties. The Loan Parties, jointly and severally, represent and warrant to the Administrative Agent and each
of the Lenders as follows: 
 6.1.1 Organization and Qualification. Each Loan Party and each Subsidiary of each Loan Party is a
corporation, partnership or limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization. Each Loan Party and each Subsidiary of each Loan Party has the lawful power to own or
lease its properties and to engage in the business it presently conducts or proposes to conduct. Each Loan Party and each Subsidiary of each Loan Party is duly licensed or qualified and in good standing in each jurisdiction where failure to be so
licensed or qualified and in good standing would result in a Material Adverse Effect. 
 6.1.2 Capitalization and Ownership. All of
the authorized capital stock of the Borrower, and the shares (referred to herein as “Shares”) of the Borrower that are issued and outstanding have been validly issued and are fully paid and nonassessable. 

6.1.3 Subsidiaries. Schedule 6.1.3 states the name of each of the Borrower’s Subsidiaries, its jurisdiction of
incorporation, its authorized capital stock, the issued and 

  
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outstanding shares (referred to herein as the “Subsidiary Shares”) and the owners thereof if it is a corporation, its outstanding partnership interests (the “Partnership
Interests”) if it is a partnership and its outstanding limited liability company interests, interests assigned to managers thereof and the voting rights associated therewith (the “LLC Interests”) if it is a limited
liability company. The Borrower and each Subsidiary of the Borrower has good and marketable title to all of the Subsidiary Shares, Partnership Interests and LLC Interests it purports to own, free and clear in each case of any Lien. All Subsidiary
Shares, Partnership Interests and LLC Interests have been validly issued, and all Subsidiary Shares are fully paid and nonassessable. All capital contributions and other consideration required to be made or paid in connection with the issuance of
the Partnership Interests and LLC Interests have been made or paid, as the case may be. There are no options, warrants or other rights outstanding to purchase any such Subsidiary Shares, Partnership Interests or LLC Interests except as indicated on
Schedule 6.1.3. 
 6.1.4 Power and Authority. Each Loan Party has full power to enter into, execute, deliver and carry
out this Agreement and the other Loan Documents to which it is a party, to incur the Indebtedness contemplated by the Loan Documents and to perform its Obligations under the Loan Documents to which it is a party, and all such actions have been duly
authorized by all necessary proceedings on its part. 
 6.1.5 Validity and Binding Effect. This Agreement has been duly and validly
executed and delivered by each Loan Party, and each other Loan Document which any Loan Party is required to execute and deliver on or after the date hereof will have been duly executed and delivered by such Loan Party on the required date of
delivery of such Loan Document. This Agreement and each other Loan Document constitutes, or will constitute, legal, valid and binding obligations of each Loan Party which is or will be a party thereto on and after its date of delivery thereof,
enforceable against such Loan Party in accordance with its terms, except to the extent that enforceability of any of such Loan Document may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the
enforceability of creditors’ rights generally or limiting the right of specific performance. 
 6.1.6 No Conflict. Neither the
execution and delivery of this Agreement or the other Loan Documents by any Loan Party nor the consummation of the transactions herein or therein contemplated or compliance with the terms and provisions hereof or thereof by any of them will conflict
with, constitute a default under or result in any breach of (i) the terms and conditions of the certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company
agreement or other organizational documents of any Loan Party or (ii) any Law having a Material Adverse Effect or any agreement or instrument or order, writ, judgment, injunction or decree to which any Loan Party or any of its Subsidiaries is a
party or by which it or any of its Subsidiaries is bound or to which it is subject, or result in the creation or enforcement of any Lien, charge or encumbrance whatsoever upon any property (now or hereafter acquired) of any Loan Party or any of its
Subsidiaries (other than Liens granted under the Loan Documents), except those which will not result in a Material Adverse Effect. 
 6.1.7
Litigation. There are no actions, suits, proceedings or investigations pending or, to the knowledge of any Loan Party, threatened against such Loan Party or any Subsidiary of such Loan Party at law or equity before any Official Body which
individually or in 

  
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the aggregate may result in any Material Adverse Change. None of the Loan Parties or any Subsidiaries of any Loan Party is in violation of any order, writ, injunction or any decree of any
Official Body which may result in any Material Adverse Change. 
 6.1.8 Title to Properties. Each Loan Party and each Subsidiary of
each Loan Party has good and marketable title to or valid leasehold interest in all properties, assets and other rights which it purports to own or lease or which are reflected as owned or leased on its books and records, free and clear of all Liens
and encumbrances except Permitted Liens, and subject to the terms and conditions of the applicable leases. All leases of property are in full force and effect without the necessity for any consent which has not previously been obtained upon
consummation of the transactions contemplated hereby. 
 6.1.9 Financial Statements. 

(i) Historical Statements. The Borrower has delivered to the Administrative Agent copies of its audited consolidated year-end
financial statements for and as of the end of the two (2) fiscal years ended June 30, 2011 and June 30, 2012. In addition, the Borrower has delivered to the Administrative Agent copies of its unaudited consolidated interim financial
statements for the fiscal quarter ended March 31, 2013 (all such annual and interim statements being collectively referred to as the “Statements”). The Statements were compiled from the books and records maintained by the
Borrower’s management, are correct and complete and fairly represent the consolidated financial condition of the Borrower and its Subsidiaries as of the respective dates thereof and the results of operations for the fiscal periods then ended
and have been prepared in accordance with GAAP consistently applied, subject (in the case of the interim statements) to normal year-end audit adjustments. 

(ii) Accuracy of Financial Statements. Neither the Borrower nor any Subsidiary of the Borrower has any liabilities, contingent or
otherwise, or forward or long-term commitments that are not disclosed in the Statements or in the notes thereto, and except as disclosed therein there are no unrealized or anticipated losses from any commitments of the Borrower or any Subsidiary of
the Borrower which may cause a Material Adverse Change. Since June 30, 2012, no Material Adverse Change has occurred. 
 6.1.10
Margin Stock. None of the Loan Parties or any Subsidiaries of any Loan Party engages or intends to engage principally, or as one of its important activities, in the business of extending credit for the purpose, immediately, incidentally or
ultimately, of purchasing or carrying margin stock (within the meaning of Regulation U, T or X as promulgated by the Board of Governors of the Federal Reserve System). No part of the proceeds of any Loan has been or will be used, immediately,
incidentally or ultimately, to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or which is inconsistent with the provisions of the regulations of the Board of Governors of
the Federal Reserve System. None of the Loan Parties or any Subsidiary of any Loan Party holds or intends to hold margin stock in such amounts that more than 25% of the reasonable value of the assets of any Loan Party or Subsidiary of any Loan Party
are or will be represented by margin stock. 

  
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 6.1.11 Full Disclosure. Neither this Agreement nor any other Loan Document, nor any
certificate, statement, agreement or other documents furnished to the Administrative Agent or any Lender in connection herewith or therewith, contains any untrue statement of a material fact or omits to state a material fact necessary in order to
make the statements contained herein and therein, in light of the circumstances under which they were made, not misleading. There is no fact known to any Loan Party which has a Material Adverse Effect on the business, property, assets, financial
condition, results of operations or prospects of any Loan Party or Subsidiary of any Loan Party which has not been set forth in this Agreement or in the certificates, statements, agreements or other documents furnished in writing to the
Administrative Agent and the Lenders prior to or at the date hereof in connection with the transactions contemplated hereby. 
 6.1.12
Taxes. All federal, state, local and other tax returns required to have been filed with respect to each Loan Party and each Subsidiary of each Loan Party have been filed, and payment or adequate provision has been made for the payment of all
taxes, fees, assessments and other governmental charges which have or may become due pursuant to said returns or to assessments received, except to the extent that such taxes, fees, assessments and other charges are being contested in good faith by
appropriate proceedings diligently conducted and for which such reserves or other appropriate provisions, if any, as shall be required by GAAP shall have been made or do not result in a Material Adverse Change. There are no agreements or waivers
extending the statutory period of limitations applicable to any federal income tax return of any Loan Party or Subsidiary of any Loan Party for any period. 

6.1.13 Consents and Approvals. No consent, approval, exemption, order or authorization of, or a registration or filing with, any
Official Body or any other Person is required by any Law or any agreement in connection with the execution, delivery and carrying out of this Agreement and the other Loan Documents by any Loan Party. 

6.1.14 No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist
after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. None of the Loan Parties, or to the Loan
Parties’ knowledge, any Subsidiary of any Loan Party which is not itself a Loan Party is in violation of (i) any term of its certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of
formation, limited liability company agreement or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would
constitute a Material Adverse Change. 
 6.1.15 Patents, Trademarks, Copyrights, Licenses, Etc. Each Loan Party and each Subsidiary
of each Loan Party owns or possesses all the patents, trademarks, service marks, trade names, copyrights, licenses, registrations, franchises, permits and rights necessary to own and operate its properties and to carry on its business as presently
conducted and planned to be conducted by such Loan Party or Subsidiary, without known possible, alleged or actual conflict with the rights of others, except where the failure to own or possess such patents, trademarks, service marks, trade names,
copyrights, licenses, registrations, franchises, permits and rights would not constitute a Material Adverse Change. 

  
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 6.1.16 Insurance. Schedule 6.1.16 lists all insurance policies and other bonds
to which any Loan Party or Subsidiary of any Loan Party is a party (other than de minimis policies for auto coverage or other individual policies carried by Subsidiaries), all of which are valid and in full force and effect. No notice has been given
or claim made and no grounds exist to cancel or avoid any of such policies or bonds or to reduce the coverage provided thereby. Such policies and bonds provide adequate coverage from reputable and financially sound insurers in amounts sufficient to
insure the assets and risks of each Loan Party and each Subsidiary of each Loan Party in accordance with prudent business practice in the industry of the Loan Parties and their Subsidiaries. 

6.1.17 Compliance with Laws. The Loan Parties and their Subsidiaries are in compliance with all applicable Laws (other than
Environmental Laws which are specifically addressed in Section 6.1.21 [Environmental Matters]) in all jurisdictions in which any Loan Party or Subsidiary of any Loan Party is presently or will be doing business except where the failure to do so
would not constitute a Material Adverse Change. 
 6.1.18 Material Contracts; Burdensome Restrictions. The material contracts
relating to the business operations of each Loan Party and, to the Loan Parties’ knowledge, each Subsidiary of any Loan Party which is not itself a Loan Party, including all employee benefit plans, Multiemployer Plans and Labor Contracts are
valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder, to the Loan Parties’ knowledge, with respect to parties other
than such Loan Party or Subsidiary. None of the Loan Parties or their Subsidiaries is bound by any contractual obligation, or subject to any restriction in any organization document, or any requirement of Law which could result in a Material Adverse
Change. 
 6.1.19 Investment Companies; Regulated Entities. None of the Loan Parties or any Subsidiaries of any Loan Party is an
“investment company” registered or required to be registered under the Investment Company Act of 1940 or under the “control” of an “investment company” as such terms are defined in the Investment Company Act of 1940 and
shall not become such an “investment company” or under such “control.” None of the Loan Parties or any Subsidiaries of any Loan Party is subject to any other Federal or state statute or regulation limiting its ability to incur
Indebtedness for borrowed money. 
 6.1.20 Plans and Benefit Arrangements. 

(i) Except as set forth on Schedule 6.1.20, each Benefit Arrangement, Plan and Multiemployer Plan that is intended to be a
qualified plan under Section 401(a) of the Code has received a favorable determination letter from the IRS (or an IRS opinion letter issued to the prototype plan’s sponsor) to the effect that the form of such Benefit Arrangement, Plan or
Multiemployer Plan is qualified under Section 401(a) of the Code and the trust related thereto has been determined by the IRS to be exempt from Federal income tax under Section 501(a) of the Code, or an application for such letter is
currently being processed by the IRS, and to the knowledge of Borrower or any member of the ERISA Group, nothing has occurred that would prevent, or cause the loss of, such tax-qualified status. The Borrower and each other member of the ERISA Group
are in compliance in all material respects with any applicable provisions of ERISA, the Code and other Federal or state laws with respect to all 

  
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Benefit Arrangements, Plans and Multiemployer Plans. All Plans and Benefit Arrangements have been administered substantially in accordance with their terms and applicable Law. To the extent that
any Benefit Arrangement is insured, the Borrower and all other members of the ERISA Group have paid when due all premiums required to be paid for all periods through the Closing Date. To the extent that any Benefit Arrangement is funded other than
with insurance, Borrower and all other members of the ERISA Group have made when due all contributions required to be paid for all periods through the Closing Date. With respect to each Plan and Multiemployer Plan, Borrower and each other member of
the ERISA Group has fulfilled their obligations under the minimum funding standards of Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA, except to the extent the failure to fulfill such obligations
could not reasonably be expected to result in a Material Adverse Change. Borrower and all other members of the ERISA Group have made when due any and all payments required to be made under any agreement relating to a Plan, Benefit Arrangement,
Multiemployer Plan or Multiple Employer Plan or any Law pertaining thereto. To the best of the Borrower’s knowledge, each Multiemployer Plan and Multiple Employer Plan is able to pay benefits thereunder when due. 

(ii) No ERISA Event has occurred or is reasonably expected to occur. No Plan has any unfunded pension liability (i.e. excess of benefit
liabilities over the current value of that Plan’s assets, determined in accordance with the assumptions used for funding the Plan for the applicable plan year). Neither Borrower nor any other member of the ERISA Group: (A) has instituted
or intends to institute proceedings to terminate any Plan under Sections 4041 or 4041A of ERISA, (B) has incurred, or reasonably expects to incur, any liability under Title IV of ERISA with respect to any Plan (other than premiums due and not
delinquent under Section 4007 of ERISA), (C) has incurred, or reasonably expects to incur, any liability (and no event has occurred which, with the giving of notice under Section 4219 of ERISA, would result in such liability) under
Sections 4201 or 4243 of ERISA with respect to a Multiemployer Plan, (D) has engaged in a transaction that could be subject to Sections 4069 or 4212(c) of ERISA, or (E) has applied for or obtained a waiver of the minimum funding standards
under, or has had asserted against them any penalty for failure to fulfill the minimum funding requirements of, Sections 412, 430, 431, 432 and 436 of the Code or Sections 302, 303, 304 and 305 of ERISA. 

6.1.21 Environmental Matters. Each Loan Party is, and to the knowledge of each respective Loan Party, each of its Subsidiaries is and
has been, in compliance with applicable Environmental Laws except as disclosed on Schedule 6.1.21; provided that such matters so disclosed could not in the aggregate result in a Material Adverse Change. 

6.1.22 Solvency. On the Closing Date and after giving effect to the initial Loans hereunder, each of the Loan Parties is Solvent. 

6.1.23 Anti-Money Laundering/International Trade Law Compliance. No Covered Entity (i) is a Sanctioned Person; (ii) has any
of its assets in a Sanctioned Country in violation of any law, regulation, order or directive enforced by any Compliance Authority or has any assets in the possession, custody or control of a Sanctioned Person; or (iii) does business in or
with, or derives any of its operating income from investments in or transactions with, any Sanctioned Country or Sanctioned Person in violation of any law, regulation, order or directive 

  
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enforced by any Compliance Authority. In addition to the foregoing, each of the Loan Parties represents and warrants that (i) the proceeds of the Loans will not be used to fund any
operations in, finance any investments or activities in, or, make any payments to, a Sanctioned Country or Sanctioned Person in violation of any law, regulation, order or directive enforced by any Compliance Authority; (ii) the funds used to
repay the Loans are not derived from any unlawful activity; and (iii) each Covered Entity is in compliance with, and no Covered Entity engages in any dealings or transactions prohibited by, any laws of the United States, including but not
limited to any Anti-Terrorism Laws. 
 6.1.24 Senior Debt Status. The Obligations of each Loan Party under this Agreement, the Notes,
the Guaranty Agreement and each of the other Loan Documents to which it is a party do rank and will rank at least pari passu in priority of payment with all other Indebtedness of such Loan Party except Indebtedness of such Loan Party
to the extent secured by Permitted Liens. There is no Lien upon or with respect to any of the properties or income of any Loan Party or Subsidiary of any Loan Party which secures indebtedness or other obligations of any Person except for Permitted
Liens. 
 6.2 Updates to Schedules. Should any of the information or disclosures provided on any of the Schedules attached hereto
become outdated or incorrect in any material respect, the Borrower shall promptly provide the Administrative Agent in writing with such revisions or updates to such Schedule as may be necessary or appropriate to update or correct same. No Schedule
shall be deemed to have been amended, modified or superseded by any such correction or update, nor shall any breach of warranty or representation resulting from the inaccuracy or incompleteness of any such Schedule be deemed to have been cured
thereby, unless and until the Required Lenders, in their sole and absolute discretion, shall have accepted in writing such revisions or updates to such Schedule; provided however, that the Borrower may update certain of the Schedules without any
Lender approval in connection with any transaction permitted under Sections 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions], 8.2.7 [Dispositions of Assets or Subsidiaries] and 8.2.9 [Subsidiaries, Partnerships and Joint Ventures]. 

7. CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 

The obligation of each Lender to make Loans and of the Issuing Lender to issue Letters of Credit hereunder is subject to the performance by
each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions: 

7.1 First Loans and Letters of Credit. 

7.1.1 Deliveries. On the Closing Date, the Administrative Agent shall have received each of the following in form and substance
satisfactory to the Administrative Agent: 
 (i) A certificate of each of the Loan Parties signed by an Authorized Officer, dated the
Closing Date stating that (v) all representations and warranties of the Loan Parties set forth in this Agreement are true and correct in all material respects, (w) the Loan Parties are in compliance with each of the covenants and
conditions hereunder, (x) no Event of Default or Potential Default exists, (y) no Material Adverse Change has occurred since the date of the last audited financial statements of the Borrower delivered to the Administrative Agent, and
(z) after giving effect to the initial Loans hereunder, each of the Loan Parties is Solvent; 

  
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 (ii) A certificate dated the Closing Date and signed by the Secretary or an Assistant Secretary
of each of the Loan Parties, certifying as appropriate as to: (a) all action taken by each Loan Party in connection with this Agreement and the other Loan Documents; (b) the names of the Authorized Officers authorized to sign the Loan
Documents and their true signatures; and (c) copies of its organizational documents as in effect on the Closing Date certified by the appropriate state official where such documents are filed in a state office together with certificates from
the appropriate state officials as to the continued existence and good standing of each Loan Party in each state where organized or qualified to do business; 

(iii) This Agreement and each of the other Loan Documents signed by an Authorized Officer; 

(iv) A written opinion of counsel for the Loan Parties; 

(v) Evidence that adequate insurance required to be maintained under this Agreement is in full force and effect, with additional insured
special endorsements attached thereto in form and substance satisfactory to the Administrative Agent and its counsel naming the Administrative Agent as additional insured; 

(vi) A duly completed Compliance Certificate as of the Closing Date, setting forth pro-forma compliance of the Borrower and its subsidiaries
on a consolidated basis, after giving effect to the Loans (the “Closing Date Compliance Certificate”); 
 (vii) All
material consents required to effectuate the transactions contemplated hereby; 
 (viii) Evidence that the Existing Credit Agreement has
been terminated, and all outstanding obligations thereunder have been paid; 
 (ix) A Lien search in acceptable scope and with acceptable
results; 
 (x) Pro forma projections (including a pro forma closing balance sheet, pro forma statements of operations and cash flows) for
the years 2013 through 2017, including assumptions used in preparing the forecast financial statements; 
 (xi) Such other documents in
connection with such transactions as the Administrative Agent or its counsel may reasonably request, including all information required under applicable “Know-Your-Customer” and anti-money laundering rules and regulations, including the
U.S. Patriot Act. 
 7.1.2 Payment of Fees. The Borrower shall have paid all fees and expenses payable on or before the Closing Date
as required by this Agreement, the Administrative Agent’s Letter or any other Loan Document. 

  
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 7.2 Each Loan or Letter of Credit. At the time of making any Loans or issuing, extending
or increasing any Letters of Credit and after giving effect to the proposed extensions of credit: (i) the representations, warranties of the Loan Parties shall then be true and correct before and after giving effect to the making of such Loan
or the issuance of such Letters of Credit and to the application of the proceeds therefrom, as though made on and as of such date, (ii) no Event of Default or Potential Default shall have occurred and be continuing, (iii) the making of the
Loans or issuance, extension or increase of such Letter of Credit shall not contravene any Law applicable to any Loan Party or Subsidiary of any Loan Party or any of the Lenders, and (iv) the Borrower shall have delivered to the Administrative
Agent a duly executed and completed Loan Request or to the Issuing Lender an application for a Letter of Credit, as the case may be. 
 8.
COVENANTS 
 The Loan Parties, jointly and severally, covenant and agree that until Payment In Full, the Loan Parties shall comply at
all times with the following covenants: 
 8.1 Affirmative Covenants. 

8.1.1 Preservation of Existence, Etc. Each Loan Party shall, and shall cause each of its Subsidiaries to, maintain its legal existence
as a corporation, limited partnership or limited liability company and its license or qualification and good standing in each jurisdiction in which its ownership or lease of property or the nature of its business makes such license or qualification
necessary, except as otherwise expressly permitted in Section 8.2.6 [Liquidations, Mergers, Etc.] or where the failure to be so licensed or qualified and in good standing would not constitute a Material Adverse Change. 

8.1.2 Payment of Liabilities, Including Taxes, Etc. Each Loan Party shall, and shall cause each of its Subsidiaries to, duly pay and
discharge all liabilities to which it is subject or which are asserted against it, promptly as and when the same shall become due and payable, including all taxes, assessments and governmental charges upon it or any of its properties, assets, income
or profits, prior to the date on which penalties attach thereto, except to the extent that such liabilities, including taxes, assessments or charges, are being contested in good faith and by appropriate and lawful proceedings diligently conducted
and for which such reserve or other appropriate provisions, if any, as shall be required by GAAP shall have been made but only to the extent that failure to discharge any such liabilities would not result in any additional liability which would
result in a Material Adverse Change to the financial condition of any Loan Party or Subsidiary of any Loan Party or which would result in a Material Adverse Effect on any assets of a Loan Party, provided that the Loan Parties and their
Subsidiaries will pay all such liabilities forthwith upon the commencement of proceedings to foreclose any Lien which may have attached as security therefor. 

8.1.3 Maintenance of Insurance. Each Loan Party shall, and shall cause each of its Subsidiaries to, insure its properties and assets
against loss or damage by fire and such other insurable hazards as such assets are commonly insured (including fire, extended coverage, property damage, workers’ compensation, public liability and business interruption insurance) and against
other risks (including errors and omissions) in such amounts as similar properties and 

  
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assets are insured by prudent companies in similar circumstances carrying on similar businesses, and with reputable and financially sound insurers, including self-insurance to the extent
customary, all as reasonably determined by the Administrative Agent. 
 8.1.4 Maintenance of Properties and Leases. Each Loan Party
shall, and shall cause each of its Subsidiaries to, maintain in good repair, working order and condition (ordinary wear and tear excepted) in accordance with the general practice of other businesses of similar character and size, all of those
properties useful or necessary to its business, and from time to time, such Loan Party will make or cause to be made all appropriate repairs, renewals or replacements thereof. 

8.1.5 Visitation Rights. Each Loan Party shall, and shall cause each of its Subsidiaries to, permit any of the officers or authorized
employees or representatives of the Administrative Agent or any of the Lenders to visit and inspect any of its properties and to examine and make excerpts from its books and records and discuss its business affairs, finances and accounts with its
officers, all in such detail and at such times and as often as any of the Lenders may reasonably request, provided that each Lender shall provide the Borrower and the Administrative Agent with reasonable notice prior to any visit or
inspection. In the event any Lender desires to conduct an audit of any Loan Party, such Lender shall make a reasonable effort to conduct such audit contemporaneously with any audit to be performed by the Administrative Agent, provided that such
Lender makes reasonable efforts not to interfere with the ordinary business operations of such Loan Party and that such audit does not interfere with any audit being performed by such Loan Party’s internal or external auditors. 

8.1.6 Keeping of Records and Books of Account. The Borrower shall, and shall cause each Subsidiary of the Borrower to, maintain and
keep proper books of record and account which enable the Borrower and its Subsidiaries to issue financial statements in accordance with GAAP and as otherwise required by applicable Laws of any Official Body having jurisdiction over the Borrower or
any Subsidiary of the Borrower, and in which full, true and correct entries shall be made in all material respects of all its dealings and business and financial affairs. 

8.1.7 Compliance with Laws; Use of Proceeds. Each Loan Party shall, and shall cause each of its Subsidiaries to, comply with all
applicable Laws, including all Environmental Laws, in all respects; provided that it shall not be deemed to be a violation of this Section 8.1.7 if any failure to comply with any Law would not result in fines, penalties, remediation
costs, other similar liabilities or injunctive relief which in the aggregate would constitute a Material Adverse Change. The Loan Parties will use the Letters of Credit and the proceeds of the Loans only in accordance with Section 2.7 [Use of
Proceeds] and as permitted by applicable Law. The Loan Parties shall not use the Letters of Credit or the proceeds of the Loans for any purposes which contravenes any applicable Law or any provision hereof. 

8.1.8 Anti-Terrorism Laws. None of the Loan Parties is or shall be (i) a Person with whom any Lender is restricted from doing
business under Executive Order No. 13224 or any other Anti-Terrorism Law, (ii) engaged in any business involved in making or receiving any contribution of funds, goods or services to or for the benefit of such a Person or in any
transaction that evades or avoids, or has the purpose of evading or avoiding, the prohibitions 

  
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set forth in any Anti-Terrorism Law, or (iii) otherwise in violation of any Anti-Terrorism Law. The Loan Parties shall provide to the Lenders any certifications or information that a Lender
requests to confirm compliance by the Loan Parties with Anti-Terrorism Laws. 
 8.1.9 Keepwell. Each Qualified ECP Loan Party jointly
and severally (together with each other Qualified ECP Loan Party) hereby absolutely unconditionally and irrevocably (a) guarantees the prompt payment and performance of all Swap Obligations owing by each Non-Qualifying Party (it being
understood and agreed that this guarantee is a guaranty of payment and not of collection), and (b) undertakes to provide such funds or other support as may be needed from time to time by any Non-Qualifying Party to honor all of such Non-Qualifying Party’s obligations under this Agreement or any other Loan Document in respect of Swap Obligations (provided, however, that each Qualified ECP Loan Party shall only be liable under this
Section 8.1.9 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 8.1.9, or otherwise under this Agreement or any other Loan Document, voidable under applicable law,
including applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Loan Party under this Section 8.1.9 shall remain in full force and effect until payment in
full of the Obligations and termination of this Agreement and the other Loan Documents. Each Qualified ECP Loan Party intends that this Section 8.1.9 constitute, and this Section 8.1.9 shall be deemed to constitute, a guarantee of the
obligations of, and a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18(A)(v)(II) of the CEA. 

8.1.10 Plans and Benefit Arrangements. The Borrower shall, and shall cause each other member of the ERISA Group to, comply with ERISA,
the Code and other Laws applicable to Plans, Benefit Arrangements and Multiemployer Plans except where such failure, alone or in conjunction with any other failure, would not result in a Material Adverse Change. Without limiting the generality of
the foregoing, the Borrower shall cause all of its Plans and all Plans maintained by any member of the ERISA Group to be funded in accordance with the minimum funding requirements of Sections 412, 430, 431, 432 and 436 of the Code and Sections 302,
303, 304 and 305 of ERISA and shall make, and cause each member of the ERISA Group to make, in a timely manner, all contributions due to Plans, Benefit Arrangements and Multiemployer Plans. 

8.1.11 Subordination of Intercompany Loans. Each Loan Party shall cause any intercompany Indebtedness, loans or advances owed by any
Loan Party to any other Loan Party to be subordinated pursuant to the terms of the Intercompany Subordination Agreement. 
 8.1.12 Tax
Shelter Regulations. None of the Loan Parties intends to treat the Loans and/or Letters of Credit and related transactions as being a “reportable transaction” (within the meaning of Treasury Regulation
Section 1.6011-4). In the event any of the Loan Parties determines to take any action inconsistent with such intention, the Borrower will promptly (1) notify the Administrative Agent thereof, and
(2) deliver to the Administrative Agent a duly completed copy of IRS Form 8886 or any successor form. If the Borrower so notifies the Administrative Agent, the Borrower acknowledges that one or more of the Lenders may treat its Loans and/or
Letters of Credit as part of a transaction that is subject to Treasury Regulation Section 301.6112-1, and such Lender or Lenders, as applicable, will maintain the lists and other records required by such Treasury Regulation. 

  
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 8.1.13 Target Acquisition. Each Loan Party shall cause the Acquisition to be consummated
within five (5) Business Days of the Closing Date and, upon the consummation of the Acquisition, the Administrative Agent shall have received each of the following in form and substance satisfactory to the Administrative Agent: 

(i) Certified copy of the Acquisition Documents; 

(ii) A duly completed Compliance Certificate as of the date of the consummation of the Acquisition, setting forth pro-forma compliance of the
Borrower, the Target and their respective subsidiaries on a consolidated basis, after giving effect to the Acquisition (the “Acquisition Compliance Certificate”); 

(iii) Internal and third-party due diligence as it relates to the Acquisition; 

(iv) Consummation of the Acquisition on terms and conditions as set forth in the Acquisition Documents; 

(v) Updated schedules to this Agreement; and Such other documents in connection with the Acquisition as the Administrative Agent or its
counsel may reasonably request. 
 8.2 Negative Covenants. 

8.2.1 Indebtedness. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, at any time create, incur,
assume or suffer to exist any Indebtedness, except: 
 (i) Indebtedness under the Loan Documents; 

(ii) Existing Indebtedness as set forth on Schedule 8.2.1 (including any extensions or renewals thereof; provided there is
no increase in the amount thereof or other significant change in the terms thereof unless otherwise specified on Schedule 8.2.1); 

(iii) Indebtedness secured by Purchase Money Security Interests plus amounts treated as indebtedness under GAAP with respect to leases
treated as capital leases under GAAP not exceeding $20,000,000; 
 (iv) Indebtedness of a Loan Party to another Loan Party which is
subordinated pursuant to the Intercompany Subordination Agreement and in accordance with Section 8.1.11 [Subordination of Intercompany Loans]; 

(v) Any (i) Lender Provided Interest Rate Hedge, (ii) Lender Provided Foreign Currency Hedge, (iii) other Interest Rate Hedge
or Foreign Currency Hedge approved by the Administrative Agent or (iv) Indebtedness under any Other Lender Provided Financial Services Product; provided however, the Loan Parties and their Subsidiaries shall enter into an Interest Rate Hedge or
Foreign Currency Hedge only for hedging (rather than speculative) purposes; 

  
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 (vi) the YEN Revolving Credit Loan in a maximum principal amount not to exceed YEN 500,000,000;
and 
 (vii) Other unsecured Indebtedness not exceeding in the aggregate of any time $20,000,000. 

8.2.2 Liens; Lien Covenants. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, at any time create,
incur, assume or suffer to exist any Lien on any of its property or assets, tangible or intangible, now owned or hereafter acquired, or agree or become liable to do so, except Permitted Liens. 

8.2.3 Guaranties. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, at any time, directly or
indirectly, become or be liable in respect of any Guaranty, or assume, guarantee, become surety for, endorse or otherwise agree, become or remain directly or contingently liable upon or with respect to any obligation or liability of any other
Person, except for Guaranties of Indebtedness of the Loan Parties permitted hereunder and the guaranty by the Borrower of the obligations of II-VI Japan Incorporated to PNC Bank, National Association, including amounts owed under the YEN Revolving
Credit Agreement (Japan). 
 8.2.4 Loans and Investments. Each of the Loan Parties shall not at any time make or suffer to remain
outstanding any loan or advance to, or purchase, acquire or own any stock, bonds, notes or securities of, or any partnership interest (whether general or limited) or limited liability company interest in, or any other investment or interest in, or
make any capital contribution to, any other Person, or agree, become or remain liable to do any of the foregoing, except: 
 (i) trade
credit extended on usual and customary terms in the ordinary course of business; 
 (ii) advances to employees to meet expenses incurred by
such employees in the ordinary course of business; 
 (iii) Permitted Investments; 

(iv) Permitted Joint Ventures; and 

(v) loans, advances and investments in other Loan Parties. 

8.2.5 Dividends and Related Distributions. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, make or
pay, or agree to become or remain liable to make or pay, any dividend or other distribution of any nature (whether in cash, property, securities or otherwise) on account of or in respect of its shares of capital stock, partnership interests or
limited liability company interests on account of the purchase, redemption, retirement or acquisition of its shares of capital stock (or warrants, options or rights therefor), partnership 

  
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interests or limited liability company interests, except (i) dividends or other distributions payable to another Loan Party, (ii) dividends paid by the Borrower in stock of the
Borrower, and (iii) so long as no Event of Default shall exist immediately prior to or after giving effect to such repurchase or cash dividend, repurchases for cash by the Borrower of shares of its outstanding common stock during the term of
this Agreement and payment of cash dividends by the Borrower to its stockholders. In addition, the Borrower shall not permit any Subsidiary of the Borrower to enter into or otherwise be bound by any agreement prohibiting or restricting the payment
of dividends by such Subsidiary to a Loan Party. 
 8.2.6 Liquidations, Mergers, Consolidations, Acquisitions. Each of the Loan
Parties shall not, and shall not permit any of its Subsidiaries to, dissolve, liquidate or wind-up its affairs, or become a party to any merger or consolidation, or acquire by purchase, lease or otherwise all or substantially all of the assets or
Capital Stock of any other Person; provided that 
 (1) any Loan Party other than the Borrower may consolidate or merge into another
Loan Party and any Subsidiary which is not a Loan Party may merge with and into any other Subsidiary which is not a Loan Party so long as the surviving entity is wholly-owned, directly or indirectly, by one or more of the Loan Parties, 

(2) the Loan Parties may consummate the Acquisition and any Loan Party or any of its Subsidiaries may acquire, whether by purchase or by
merger, (A) all of the ownership interests of another Person or (B) substantially all of assets of another Person or of a business or division of another Person, including the D Acquisition (each a “Permitted
Acquisition”), provided that each of the following requirements is met: 
 (i) if a Loan Party is acquiring the ownership
interests in such Person, such Person shall execute a Guarantor Joinder and join this Agreement as a Guarantor pursuant to Section 11.13 [Joinder of Guarantors] on or before the date of such Permitted Acquisition; 

(ii) the board of directors or other equivalent governing body of such Person shall have approved such Permitted Acquisition and, if the Loan
Parties shall use any portion of the Loans to fund such Permitted Acquisition, the Loan Parties also shall have delivered to the Lenders written evidence of the approval of the board of directors (or equivalent body) of such Person for such
Permitted Acquisition; 
 (iii) the business acquired, or the business conducted by the Person whose ownership interests are being
acquired, as applicable, shall be similar or complimentary to one or more line or lines of business or operations conducted by the Loan Parties or any of their respective Subsidiaries and shall comply with Section 8.2.10[Continuation of or
Change in Business]; 
 (iv) no Potential Default or Event of Default shall exist immediately prior to and after giving effect to such
Permitted Acquisition; 
 (v) if the Consideration in connection with any such Permitted Acquisition exceeds $20,000,000, the Borrower
shall demonstrate that the representations and warranties contained in Article 6 shall be true and correct and that it shall be 

  
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in compliance with the covenants contained in Article 8 after giving effect to such Permitted Acquisition (including in such computation Indebtedness or other liabilities assumed or incurred
in connection with such Permitted Acquisition but excluding income earned or expenses incurred by the Person, business or assets to be acquired prior to the date of such Permitted Acquisition) by delivering at least five (5) Business Days prior
to such Permitted Acquisition a certificate in the form of Exhibit 8.2.6 evidencing such compliance; 
 (vi) the Loan Parties
shall deliver to the Administrative Agent at least five (5) Business Days before such Permitted Acquisition copies of any agreements entered into or proposed to be entered into by such Loan Parties or any of its Subsidiaries in connection with
such Permitted Acquisition, and shall deliver to the Administrative Agent such other information about such Person or its assets as any Lender may reasonably require; and 

(3) Transactions permitted under Section 8.2.7 [Disposition of Assets and Subsidiaries] shall be permitted. 

8.2.7 Dispositions of Assets or Subsidiaries. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to,
sell, convey, assign, lease, abandon or otherwise transfer or dispose of voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including sale, assignment, discount or other disposition of accounts, contract rights,
chattel paper, equipment or general intangibles with or without recourse or of Capital Stock of a Subsidiary of such Loan Party), except: 

(i) transactions involving the sale of inventory in the ordinary course of business; 

(ii) any sale, transfer or lease of assets in the ordinary course of business which are no longer necessary or required in the conduct of
such Loan Party’s or such Subsidiary’s business; 
 (iii) any sale, transfer or lease of assets by any wholly owned Subsidiary of
such Loan Party to another Loan Party (including any newly created Loan Party which becomes a Loan Party pursuant to the provisions of Section 11.13 [Joinder of Guarantors]); 

(iv) any sale, transfer or lease of assets in the ordinary course of business which are replaced by substitute assets acquired or leased in
transactions not prohibited by this Agreement; or 
 (v) any other disposition of assets with fair market values aggregating not more than
$20,000,000 in any fiscal year of the Borrower. 
 8.2.8 Affiliate Transactions. Each of the Loan Parties shall not, and shall not
permit any of its Subsidiaries to, enter into or carry out any transaction with any Affiliate of any Loan Party (including purchasing property or services from or selling property or services to any Affiliate of any Loan Party or other Person)
unless such transaction is not otherwise prohibited by this Agreement, is entered into in the ordinary course of business upon fair and reasonable arm’s-length terms and conditions which are disclosed to the Administrative Agent and is in
accordance with all applicable Law. 

  
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 8.2.9 Subsidiaries, Partnerships and Joint Ventures. 

(a) Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, own or create directly or indirectly any Subsidiaries
other than (i) any Subsidiary which has joined this Agreement as Guarantor on the Closing Date; (ii) Inactive Subsidiaries in existence on the Closing Date; (iii) existing investments in Permitted Joint Ventures described on
Schedule 8.2.9 or future investments as permitted under Section 8.2.9(b) hereof; and (iv) any Subsidiary formed after the Closing Date which joins this Agreement as a Guarantor pursuant to Section 11.13 [Joinder of
Guarantors], and provided further that no Subsidiary formed after the date of this Agreement which is formed under the laws of a foreign county shall be required to join as a Guarantor if such joinder would result in material adverse tax
consequences. Each of the Loan Parties shall not become or agree to (1) become a general or limited partner in any general or limited partnership, except that the Loan Parties may be general or limited partners in other Loan Parties,
(2) become a member or manager of, or hold a limited liability company interest in, a limited liability company, except that the Loan Parties may be members or managers of, or hold limited liability company interests in, other Loan Parties, or
(3) become a joint venturer or hold a joint venture interest in any joint venture. 
 (b) Borrower and its Subsidiaries shall be
permitted to create, invest in or acquire interests in corporations or other entities formed under the laws of nations other than the United States and its political subdivisions (each a “Permitted Joint Venture”) provided that in
each such case the following conditions are met: 
 (i) Borrower shall provide the Administrative Agent notice of any such investment or
acquisition not later than 15 days prior to such investment or acquisition; and 
 (ii) The total amount of investments and acquisitions
(measured at the time of each such investment or acquisition) made under this Section 8.2.9(b) (including any indebtedness of such Permitted Joint Venture guaranteed by Borrower or any Subsidiary of Borrower) on or after the Closing Date
together with investments and loans made under Section 8.2.4 in investments and loans described in clause (iv) of the Definition of “Permitted Investments” (using the computation methodology set forth in such clause (iv))
made on or after the Closing Date, shall not exceed $40,000,000 in the aggregate at any time. 
 8.2.10 Continuation of or Change in
Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business or operations other than substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal
year, and business or operations complimentary thereto, and such Loan Party or Subsidiary shall not permit any material change in such business. 

  
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 8.2.11 Plans and Benefit Arrangements. Each of the Borrower and each other member of the
ERISA Group shall not, and shall not permit any of its Subsidiaries to: 
 (i) fail to satisfy the minimum funding requirements of Sections
412, 430, 431,432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA with respect to any Plan; 
 (ii) request a minimum
funding waiver from the Internal Revenue Service with respect to any Plan; 
 (iii) engage in a Prohibited Transaction with any Plan,
Benefit Arrangement or Multiemployer Plan which, alone or in conjunction with any other circumstances or set of circumstances resulting in liability under ERISA, that is likely to result in a Material Adverse Change; 

(iv) maintain a Plan with an adjusted funding target attainment percentage (as defined in Section 436 of the Code) that is less than, or
is presumed under Section 436 of the Code to be less than, 80%; 
 (v) fail to make when due any contribution to any Multiemployer
Plan that the Borrower or any member of the ERISA Group may be required to make under any agreement relating to such Multiemployer Plan, or any Law pertaining thereto; 

(vi) withdraw (completely or partially) from any Multiemployer Plan or withdraw (or be deemed under Section 4062(e) of ERISA to
withdraw) from any Multiple Employer Plan, where any such withdrawal is likely to have a Material Adverse Effect on the Borrower or any member of the ERISA Group; 

(vii) terminate, or institute proceedings to terminate, any Plan, where such termination is likely to have a Material Adverse Effect on the
Borrower or any member of the ERISA Group; 
 (viii) fail to give any and all notices and make all disclosures and governmental filings
required under ERISA or the Code, where such failure is likely to result in a Material Adverse Change; or 
 (ix) fail to pay any required
premiums to the PBGC on behalf of a Plan or a Multiemployer Plan. 
 8.2.12 Fiscal Year. The Borrower shall not, and shall not permit
any Subsidiary of the Borrower to, change its fiscal year from the twelve-month period beginning July 1 and ending June 30. 

8.2.13 Issuance of Stock. Each of the Loan Parties (other than the Borrower) shall not, and shall not permit any of its Subsidiaries
to, issue any additional shares of its capital stock or any options, warrants or other rights in respect thereof. 

  
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 8.2.14 Changes in Organizational Documents. Each of the Loan Parties shall not amend in
any respect its certificate of incorporation (including any provisions or resolutions relating to Capital Stock), by-laws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or
other organizational documents without providing at least ten (10) calendar days’ prior written notice to the Administrative Agent and the Lenders and, in the event such change would be adverse to the Lenders as determined by the
Administrative Agent in its sole discretion, obtaining the prior written consent of the Required Lenders. 
 8.2.15 Inactive
Subsidiaries. Borrower shall not permit any Inactive Subsidiary to conduct any business of any type and no Loan Party shall make any loan to or investment in any Inactive Subsidiary unless such Inactive Subsidiary becomes a party to this
Agreement as a Guarantor pursuant to the provisions of Section 11.13 [Joinder of Guarantors] hereof. 
 8.2.16 Limitation on
Negative Pledges. Each of the Loan Parties shall not enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of such Loan Party to create, incur, assume or suffer to exist any Lien upon any of its
property or revenues, whether now owned or hereafter acquired, to secure the Obligations, other than (a) this Agreement and the other Loan Documents (b) any agreements governing any purchase money Liens or capital lease obligations
otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby), (c) customary provisions restricting assignment of any licensing agreement (in which a Loan Party or its
Subsidiaries are the licensee) with respect to a contract entered into by a Loan Party or its Subsidiaries in the ordinary course of business and (d) customary provisions restricting subletting, sublicensing or assignment of any intellectual
property license or any lease governing any leasehold interests of a Loan Party. 
 8.2.17 Maximum Consolidated Leverage Ratio. The
Loan Parties shall not at any time permit the Consolidated Leverage Ratio of the Borrower and its Subsidiaries to exceed 3.0 to 1.0. 

8.2.18 Minimum Consolidated Interest Coverage Ratio. The Loan Parties shall not permit the Consolidated Interest Coverage Ratio of the
Borrower and its Subsidiaries, calculated as of the end of each fiscal quarter for the four (4) fiscal quarters then ended, to be less than 4.0 to 1.0. 

8.3 Reporting Requirements. The Loan Parties will furnish or cause to be furnished to the Administrative Agent and each of the Lenders:

 8.3.1 Quarterly Financial Statements. As soon as available and in any event within forty-five (45) calendar days after the
end of each of the first three fiscal quarters in each fiscal year, financial statements of the Borrower, consisting of a consolidated balance sheet as of the end of such fiscal quarter and related consolidated statements of income,
stockholders’ equity and cash flows for the fiscal quarter then ended and the fiscal year through that date, all in reasonable detail and certified (subject to normal year-end audit adjustments) by the Chief Executive Officer, President or
Chief Financial Officer of the Borrower as having been prepared in accordance with GAAP, consistently applied, and setting forth in comparative form the respective financial statements for the corresponding date and period in the previous fiscal
year. 

  
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 8.3.2 Annual Financial Statements. As soon as available and in any event within ninety
(90) days after the end of each fiscal year of the Borrower, financial statements of the Borrower consisting of a consolidated balance sheet as of the end of such fiscal year, and related consolidated statements of income, stockholders’
equity and cash flows for the fiscal year then ended, all in reasonable detail and setting forth in comparative form the financial statements as of the end of and for the preceding fiscal year, and certified by independent certified public
accountants of nationally recognized standing satisfactory to the Administrative Agent. The certificate or report of accountants shall be free of qualifications (other than any consistency qualification that may result from a change in the method
used to prepare the financial statements as to which such accountants concur) and shall not indicate the occurrence or existence of any event, condition or contingency which would materially impair the prospect of payment or performance of any
covenant, agreement or duty of any Loan Party under any of the Loan Documents. 
 8.3.3 Certificate of the Borrower. Concurrently
with the financial statements of the Borrower furnished to the Administrative Agent and to the Lenders pursuant to Sections 8.3.1 [Quarterly Financial Statements] and 8.3.2 [Annual Financial Statements], a certificate (each a
“Compliance Certificate”) of the Borrower signed by the Chief Executive Officer, President or Chief Financial Officer of the Borrower, in the form of Exhibit 8.3.3. 

8.3.4 Target Financial Statements. On or before the date the same are required to be delivered to the Securities and Exchange
Commission (or such later date as may reasonably be agreed to by and between the Borrower and the Seller) audited financial statements of the Target, in form and substance satisfactory to the Administrative Agent (the “Target Financial
Statements”) 
 8.3.5 Notices. 

8.3.5.1 Default. Promptly after any Authorized Officer of any Loan Party has learned of the occurrence of an Event of Default or
Potential Default, a certificate signed by an Authorized Officer setting forth the details of such Event of Default or Potential Default and the action which such Loan Party proposes to take with respect thereto. 

8.3.5.2 Litigation. Promptly after the commencement thereof, notice of all actions, suits, proceedings or investigations before or by
any Official Body or any other Person against any Loan Party or Subsidiary of any Loan Party, involve a claim or series of claims in excess of $5,000,000 or which if adversely determined would constitute a Material Adverse Change. 

8.3.5.3 Organizational Documents. Within the time limits set forth in Section 8.2.14 [Changes in Organizational Documents], any
amendment to the organizational documents of any Loan Party. 
 8.3.5.4 Erroneous Financial Information. Immediately in the event
that the Borrower or its accountants conclude or advise that any previously issued financial statement, audit report or interim review should no longer be relied upon or that disclosure should be made or action should be taken to prevent future
reliance, notice in writing setting forth the details thereof and the action which the Borrower proposes to take with respect thereto. 

  
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 8.3.5.5 Plans and Benefit Arrangements. 

(i) ERISA Event. Immediately upon the occurrence of any ERISA Event, notice in writing setting forth the details thereof and the
action which the Borrower proposes to take with respect thereto, 
 (ii) Notices of Involuntary Termination and Annual Reports.
Promptly upon the receipt thereof, copies of (a) all notices received by the Borrower or any other member of the ERISA Group of the PBGC’s intent to terminate any Plan administered or maintained by the Borrower or any member of the ERISA
Group, or to have a trustee appointed to administer any such Plan; (b) at the request of the Agent or any Bank each annual report (IRS Form 5500 series) and all accompanying schedules, the most recent actuarial reports, the most recent
financial information concerning the financial status of each Plan administered or maintained by the Borrower or any other member of the ERISA Group, and schedules showing the amounts contributed to each such Plan by or on behalf of the Borrower or
any other member of the ERISA Group in which any of their personnel participate or from which such personnel may derive a benefit, and each Schedule B (Actuarial Information) to the annual report filed by the Borrower or any other member of the
ERISA Group with the Internal Revenue Service with respect to each such Plan; and (c) copies of any and all documents described in Section 101(k) and 101(l) of ERISA that are received by the Borrower or any other member of the ERISA Group,
and 
 (iii) Notice of Voluntary Termination. Promptly upon filing thereof, copies of any Form 5310, or any successor or equivalent
form to Form 5310, filed with the IRS in connection with the termination of any Plan. 
 8.3.5.6 Other Reports. Promptly upon their
becoming available to the Borrower: 
 (i) Annual Budget; Five-Year Plan. The annual budget and five-year plan of the Borrower, to
be supplied not later than thirty (30) days prior to commencement of the first fiscal year to which any of the foregoing may be applicable, 

(ii) Management Letters. Any reports including management letters submitted to the Borrower by independent accountants in connection
with any annual, interim or special audit, 
 (iii) SEC Reports; Shareholder Communications. Reports, including Forms 10-K, 10-Q and
8-K, registration statements and prospectuses and other shareholder communications, filed by the Borrower with the Securities and Exchange Commission, 

(iv) Reportable Compliance Event. The occurrence of a Reportable Compliance Event, and 

  
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 (v) Other Information. Such other reports and information as any of the Lenders may from
time to time reasonably request. 
 9. DEFAULT 

9.1 Events of Default. An Event of Default shall mean the occurrence or existence of any one or more of the following events or
conditions (whatever the reason therefor and whether voluntary, involuntary or effected by operation of Law): 
 9.1.1 Payments Under
Loan Documents. The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation or any interest on any
Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or
thereof; 
 9.1.2 Breach of Warranty. Any representation or warranty made at any time by any of the Loan Parties herein or by any of
the Loan Parties in any other Loan Document, or in any certificate, other instrument or statement furnished pursuant to the provisions hereof or thereof, shall prove to have been false or misleading in any material respect as of the time it was made
or furnished; 
 9.1.3 Breach of Negative Covenants or Visitation Rights. Any of the Loan Parties shall default in the observance or
performance of any covenant contained in Section 8.1.5 [Visitation Rights] or Section 8.2 [Negative Covenants]; 
 9.1.4 Breach
of Other Covenants. Any of the Loan Parties shall default in the observance or performance of any other covenant, condition or provision hereof or of any other Loan Document and such default shall continue unremedied for a period of thirty
(30) days after any officer of any Loan Party becomes aware of the occurrence thereof (such grace period to be applicable only in the event such default can be remedied by corrective action of the Loan Parties as determined by the
Administrative Agent in its sole discretion); 
 9.1.5 Defaults in Other Agreements or Indebtedness. A default or event of default
shall occur at any time under the terms of (i) the YEN Revolving Credit Agreement (Japan); or (ii) any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which any Loan Party or Subsidiary
of any Loan Party may be obligated as a borrower or guarantor in excess of $5,000,000 in the aggregate, and such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether
waived or not) any Indebtedness when due (whether at stated maturity, by acceleration or otherwise) or if such breach or default permits or causes the acceleration of any Indebtedness (whether or not such right shall have been waived) or the
termination of any commitment to lend; 
 9.1.6 Final Judgments or Orders. Any final judgments or orders for the payment of money in
excess of $5,000,000 in the aggregate shall be entered against any Loan Party by a court having jurisdiction in the premises, which judgment is not discharged, vacated, bonded or stayed pending appeal within a period of thirty (30) days from
the date of entry; 

  
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 9.1.7 Loan Document Unenforceable. Any of the Loan Documents shall cease to be legal,
valid and binding agreements enforceable against the party executing the same or such party’s successors and assigns (as permitted under the Loan Documents) in accordance with the respective terms thereof or shall in any way be terminated
(except in accordance with its terms) or become or be declared ineffective or inoperative or shall in any way be challenged or contested or cease to give or provide the respective Liens, security interests, rights, titles, interests, remedies,
powers or privileges intended to be created thereby; 
 9.1.8 Uninsured Losses; Proceedings Against Assets. There shall occur any
material uninsured damage to or loss, theft or destruction of any of the assets of any Loan Party in excess of $5,000,000 or any other of the Loan Parties’ or any of their Subsidiaries’ assets in excess of $5,000,000 attached, seized,
levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty (30) days thereafter; 

9.1.9 Events Relating to Plans and Benefit Arrangements. (i) An ERISA Event occurs with respect to a Plan which has resulted or
could reasonably be expected to result in liability of the Borrower under Title IV of ERISA to the Plan or the PBGC in an aggregate amount in excess of $5,000,000, (ii) Borrower or any other member of the ERISA Group fails to pay when due,
after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in excess of $5,000,000, (iii) any Reportable Event, which the
Administrative Agent determines in good faith constitutes grounds for the termination of any Plan by the PBGC or the appointment of a trustee to administer or liquidate any Plan, shall have occurred and be continuing, (iv) proceedings shall
have been instituted or other action taken to terminate any Plan, or a termination notice shall have been filed with respect to any Plan, (v) a trustee shall be appointed to administer or liquidate any Plan, (vi) the PBGC shall give notice
of its intent to institute proceedings to terminate any Plan or Plans or to appoint a trustee to administer or liquidate any Plan; and, in the case of the occurrence of (iii), (iv), (v) or (vi) above, the Administrative Agent determines in
good faith that the amount of the Borrower’s liability is likely to exceed $5,000,000, (vii) the Borrower or any member of the ERISA Group shall fail to make any contributions when due to a Plan or a Multiemployer Plan, including, but not
limited to, any installment payments with respect to withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount which could reasonably be expected to result in a Material Adverse Change, (viii) the
Borrower or any other member of the ERISA Group shall withdraw completely or partially from a Multiemployer Plan, (ix) the Borrower or any other member of the ERISA Group shall withdraw (or shall be deemed under Section 4062(e) of ERISA to
withdraw) from a Multiple Employer Plan, (x) the responsible actuary for any Plan or Multiemployer Plan certifies that the Plan or Multiemployer Plan is considered an at-risk plan or a plan in endangered or critical status within the meaning of
Section 430, 431 and 432 of the Code or Sections 303, 304 and 305 of ERISA, or (xi) any applicable Law is adopted, changed or interpreted by any Official Body with respect to or otherwise affecting one or more Plans, Multiemployer Plans or
Benefit Arrangements and, with respect to any of the events specified in (vii), (viii), (ix), or (x) or (xi), the Administrative Agent determines in good faith that any such occurrence would be reasonably likely to materially and adversely
affect the total enterprise represented by the Borrower and the other members of the ERISA Group; 

  
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 9.1.10 Change of Control. A Change of Control shall occur; or 

9.1.11 Relief Proceedings. (i) A Relief Proceeding shall have been instituted against any Loan Party or Subsidiary of a Loan Party
and such Relief Proceeding shall remain undismissed or unstayed and in effect for a period of sixty (60) consecutive days or such court shall enter a decree or order granting any of the relief sought in such Relief Proceeding, (ii) any
Loan Party or Subsidiary of a Loan Party institutes, or takes any action in furtherance of, a Relief Proceeding, or (iii) any Loan Party or any Subsidiary of a Loan Party ceases to be Solvent or admits in writing its inability to pay its debts
as they mature. 
 9.2 Consequences of Event of Default. 

9.2.1 Events of Default Other Than Relief Proceedings. If an Event of Default specified under Sections 9.1.1 through 9.1.10 shall
occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Loans and the Issuing Lender shall be under no obligation to issue Letters of Credit and the Administrative Agent may, and upon the
request of the Required Lenders, shall (i) by written notice to the Borrower, declare the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the
Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other
notice of any kind, all of which are hereby expressly waived, and (ii) require the Borrower to, and the Borrower shall thereupon, deposit in a non-interest-bearing account with the Administrative Agent, as cash collateral for its Obligations
under the Loan Documents, an amount equal to the maximum amount currently or at any time thereafter available to be drawn on all outstanding Letters of Credit, and the Borrower hereby pledges to the Administrative Agent and the Lenders, and grants
to the Administrative Agent and the Lenders a security interest in, all such cash as security for such Obligations. Upon the curing of all existing Events of Default to the satisfaction of the Required Lenders, the Administrative Agent shall return
such cash collateral to the Borrower; and 
 9.2.2 Relief Proceedings. If an Event of Default specified under Section 9.1.11
[Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the Issuing Lender shall be under no obligation to issue Letters of Credit and the unpaid principal amount of the Loans then outstanding
and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are
hereby expressly waived; and 
 9.2.3 Set-off. If an Event of Default shall have occurred and be continuing, each Lender, the Issuing
Lender, and each of their respective Affiliates and any participant of such Lender or Affiliate which has agreed in writing to be bound by the provisions of Section 5.3 [Sharing of Payments by Lenders] is hereby authorized at any time and from
time to time, to the fullest extent permitted by applicable Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency)
at any time owing by such Lender, the Issuing Lender or any such Affiliate or participant to or for the credit or the account of any Loan Party against any and 

  
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all of the Obligations of such Loan Party now or hereafter existing under this Agreement or any other Loan Document to such Lender, the Issuing Lender, Affiliate or participant, irrespective of
whether or not such Lender, Issuing Lender, Affiliate or participant shall have made any demand under this Agreement or any other Loan Document and although such Obligations of the Borrower or such Loan Party may be contingent or unmatured or are
owed to a branch or office of such Lender or the Issuing Lender different from the branch or office holding such deposit or obligated on such Indebtedness. The rights of each Lender, the Issuing Lender and their respective Affiliates and
participants under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the Issuing Lender or their respective Affiliates and participants may have. Each Lender and the Issuing Lender agrees
to notify the Borrower and the Administrative Agent promptly after any such setoff and application; provided that the failure to give such notice shall not affect the validity of such setoff and application; and 

9.2.4 Application of Proceeds. From and after the date on which the Administrative Agent has taken any action pursuant to this
Section 9.2 and until Payment in Full, any and all proceeds received by the Administrative Agent from any sale or other disposition of any assets of any Loan Party after entry of judgment, or any part thereof, or the exercise of any other
remedy by the Administrative Agent, shall be applied as follows: 
 (i) First, to payment of that portion of the Obligations
constituting fees, indemnities, expenses and other amounts, including attorney fees, payable to the Administrative Agent in its capacity as such, the Issuing Lender in its capacity as such and the Swing Loan Lender in its capacity as such, ratably
among the Administrative Agent, the Issuing Lender and Swing Loan Lender in proportion to the respective amounts described in this clause First payable to them; 

(ii) Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal and
interest) payable to the Lenders under the Loan Documents, including attorney fees, ratably among the Lenders in proportion to the respective amounts described in this clause Second payable to them; 

(iii) Third, to payment of that portion of the Obligations constituting accrued and unpaid interest on the Loans and Reimbursement
Obligations, ratably among the Lenders in proportion to the respective amounts described in this clause Third payable to them; 

(iv) Fourth, to payment of that portion of the Obligations constituting unpaid principal of the Loans, Reimbursement Obligations and
payment obligations then owing under Lender Provided Interest Rate Hedges, Lender Provided Foreign Currency Hedges, and Other Lender Provided Financial Service Products, ratably among the Lenders, the Issuing Lender, and the Lenders or Affiliates of
Lenders which provide Lender Provided Interest Rate Hedges, Lender Provided Foreign Currency Hedges and Other Lender Provided Financial Service Products, in proportion to the respective amounts described in this clause Fourth held by them;

 (v) Fifth, to the Administrative Agent for the account of the Issuing Lender, to cash collateralize any undrawn amounts under
outstanding Letters of Credit; and 

  
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 (vi) Last, the balance, if any, to the Loan Parties or as required by Law. 

Notwithstanding anything to the contrary in this Section 9.2.4, no Swap Obligations of any Non-Qualifying Party shall be paid with amounts received from
such Non-Qualifying Party under its Guaranty Agreement (including sums received as a result of the exercise of remedies with respect to such Guaranty Agreement) or from the proceeds of such Non-Qualifying Party’s collateral for the Obligations
(if any) if such Swap Obligations would constitute Excluded Hedge Liabilities; provided, however, that to the extent possible appropriate adjustments shall be made with respect to payments and/or the proceeds of collateral for the Obligations (if
any) from other Loan Parties that are Eligible Contract Participants with respect to such Swap Obligations to preserve the allocation to Obligations otherwise set forth above in this Section 9.2.4. 

10. THE ADMINISTRATIVE AGENT 

10.1 Appointment and Authority. Each of the Lenders and the Issuing Lender hereby irrevocably appoints PNC to act on its behalf as the
Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are reasonably incidental thereto. The provisions of this Article 10 are solely for the benefit of the Administrative Agent, the Lenders and the Issuing Lender, and neither the Borrower nor any other
Loan Party shall have rights as a third party beneficiary of any of such provisions. 
 10.2 Rights as a Lender. The Person serving
as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or
“Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits
from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent
hereunder and without any duty to account therefor to the Lenders. 
 10.3 Exculpatory Provisions. The Administrative Agent shall not
have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

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

  
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that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to
any Loan Document or applicable Law; and 
 (c) shall not, except as expressly set forth herein and in the other Loan Documents, have any
duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates
in any capacity. 
 The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the
request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 11.1
[Modifications, Amendments or Waivers] and 9.2 [Consequences of Event of Default]) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Potential Default
or Event of Default unless and until notice describing such Potential Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or the Issuing Lender. 

The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or
representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the
performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Potential Default or Event of Default, (iv) the validity, enforceability, effectiveness or
genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article 7 [Conditions of Lending and Issuance of Letters of Credit] or elsewhere
herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 
 10.4 Reliance by
Administrative Agent. The Administrative 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 (including any
electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement
made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance of a
Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the Issuing Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender or the Issuing Lender unless the Administrative
Agent shall have received notice to the contrary from such Lender or the Issuing Lender prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the
Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 

  
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 10.5 Delegation of Duties. The Administrative Agent may perform any and all of its duties
and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article 10 shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of
the credit facilities provided for herein as well as activities as Administrative Agent. 
 10.6 Resignation of Administrative Agent.
The Administrative Agent may at any time give notice of its resignation to the Lenders, the Issuing Lender and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with approval from the Borrower
(so long as no Event of Default has occurred and is continuing), to appoint a successor, such approval not to be unreasonably withheld or delayed. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such
appointment within thirty (30) days after the retiring Administrative Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the Lenders and the Issuing Lender, appoint a successor Administrative Agent;
provided that if the Administrative Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and
(i) the retiring Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the Lenders
or the Issuing Lender under any of the Loan Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (ii) all payments, communications and
determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and the Issuing Lender directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided
for above in this Section 10.6. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or
retired) Administrative Agent, and the retiring Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The
fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation
hereunder and under the other Loan Documents, the provisions of this Article 10 and Section 11.3 [Expenses; Indemnity; Damage Waiver] shall continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent was acting as Administrative Agent. 

  
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 If PNC resigns as Administrative Agent under this Section 10.6, PNC shall also resign as an
Issuing Lender. Upon the appointment of a successor Administrative Agent hereunder, such successor shall (i) succeed to all of the rights, powers, privileges and duties of PNC as the retiring Issuing Lender and Administrative Agent and PNC
shall be discharged from all of its respective duties and obligations as Issuing Lender and Administrative Agent under the Loan Documents, and (ii) issue letters of credit in substitution for the Letters of Credit issued by PNC, if any,
outstanding at the time of such succession or make other arrangement satisfactory to PNC to effectively assume the obligations of PNC with respect to such Letters of Credit. 

10.7 Non-Reliance on Administrative Agent and Other Lenders. Each Lender and the Issuing Lender acknowledges that it has, independently
and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.
Each Lender and the Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time
to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

10.8 No Other Duties, etc. Anything herein to the contrary notwithstanding, none of the financial institutions listed on the cover page
hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or the Issuing Lender hereunder. 

10.9 Administrative Agent’s Fee. The Borrower shall pay to the Administrative Agent a nonrefundable fee (the
“Administrative Agent’s Fee”) under the terms of a letter (the “Administrative Agent’s Letter”) between the Borrower and Administrative Agent, as amended from time to time. 

10.10 Authorization to Release Guarantors. The Lenders and Issuing Lenders authorize the Administrative Agent to release any Guarantor
from its obligations under the Guaranty Agreement if the ownership interests in such Guarantor are sold or otherwise disposed of or transferred to persons other than Loan Parties or Subsidiaries of the Loan Parties in a transaction permitted under
Section 8.2.7 [Dispositions of Assets or Subsidiaries] or Section 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions]. 

10.11 No Reliance on Administrative Agent’s Customer Identification Program. Each Lender acknowledges and agrees that neither such
Lender, nor any of its Affiliates, participants or assignees, may rely on the Administrative Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer identification program, or other obligations
required or imposed under or pursuant to the USA Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism
Law, including any programs involving any of the following items relating to or in connection with any of the Loan Parties, their Affiliates or their agents, the Loan Documents or the transactions hereunder or contemplated hereby: (i) any
identity verification procedures, (ii) any recordkeeping, (iii) comparisons with government lists, (iv) customer notices or (v) other procedures required under the CIP Regulations or such other Laws. 

  
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 11. MISCELLANEOUS 

11.1 Modifications, Amendments or Waivers. With the written consent of the Required Lenders, the Administrative Agent, acting on behalf
of all the Lenders, and the Borrower, on behalf of the Loan Parties, may from time to time enter into written agreements amending or changing any provision of this Agreement or any other Loan Document or the rights of the Lenders or the Loan Parties
hereunder or thereunder, or may grant written waivers or consents hereunder or thereunder. Any such agreement, waiver or consent made with such written consent shall be effective to bind all the Lenders and the Loan Parties; provided, that no
such agreement, waiver or consent may be made which will: 
 11.1.1 Increase of Commitment. Increase the amount of the Revolving
Credit Commitment or Term Loan Commitment of any Lender hereunder without the consent of such Lender; 
 11.1.2 Extension of Payment;
Reduction of Principal, Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Expiration Date, the Maturity Date or the time for payment of principal or interest of any Loan (excluding the due
date of any mandatory prepayment of a Loan), the Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan or reduce the Commitment Fee or any other fee payable to any Lender,
without the consent of each Lender directly affected thereby; 
 11.1.3 Release of Guarantor. Except for sales of assets permitted by
Section 8.2.7 [Dispositions of Assets or Subsidiaries], release any Guarantor from its Obligations under the Guaranty Agreement without the consent of all Lenders (other than Defaulting Lenders); or 

11.1.4 Miscellaneous. Amend Section 5.2 [Pro Rata Treatment of Lenders], Section 10.3 [Exculpatory Provisions] or
Section 5.3 [Sharing of Payments by Lenders] or this Section 11.1, alter any provision regarding the pro rata treatment of the Lenders or requiring all Lenders to authorize the taking of any action or reduce any percentage specified in the
definition of Required Lenders, in each case without the consent of all of the Lenders; 
 provided that no agreement, waiver or consent which would
modify the interests, rights or obligations of the Administrative Agent, the Issuing Lender, or the Swing Loan Lender may be made without the written consent of the Administrative Agent, the Issuing Lender or the Swing Loan Lender, as applicable,
and provided, further that, if in connection with any proposed waiver, amendment or modification referred to in Sections 11.1.1 through 11.1.4 above, the consent of the Required Lenders is obtained but the consent of one or more of such other
Lenders whose consent is required is not obtained (each a “Non-Consenting Lender”), then the Borrower shall have the right to replace any such Non-Consenting Lender with one or more replacement Lenders pursuant to Section 5.6.2
[Replacement of a Lender]. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or 

  
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disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the
consent of the applicable Lenders other than Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender, and (y) any waiver, amendment or modification
requiring the consent of all Lenders or each affected Lender that by its terms affects any Defaulting Lender disproportionately adversely relative to other affected Lenders shall require the consent of such Defaulting Lender. 

11.2 No Implied Waivers; Cumulative Remedies. No course of dealing and no delay or failure of the Administrative Agent or any Lender in
exercising any right, power, remedy or privilege under this Agreement or any other Loan Document shall affect any other or future exercise thereof or operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any further
exercise thereof or of any other right, power, remedy or privilege. The rights and remedies of the Administrative Agent and the Lenders under this Agreement and any other Loan Documents are cumulative and not exclusive of any rights or remedies
which they would otherwise have. 
 11.3 Expenses; Indemnity; Damage Waiver. 

11.3.1 Costs and Expenses. The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), and shall pay all reasonable
fees and time charges and disbursements for attorneys who may be employees of the Administrative Agent, in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and
administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all
reasonable out-of-pocket expenses incurred by the Issuing Lender in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand
for payment thereunder, (iii) all reasonable out-of-pocket expenses incurred by the Administrative Agent, any Lender or the Issuing Lender (including the reasonable
fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the Issuing Lender), and shall pay all reasonable fees and time charges for attorneys who may be employees of the Administrative Agent, any Lender or the
Issuing Lender, in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters
of Credit issued hereunder, including all such reasonable out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or
Letters of Credit, and (iv) all reasonable out-of-pocket expenses of the Administrative Agent’s regular employees and agents engaged periodically to perform audits of the Loan Parties’ books, records and business properties. 

11.3.2 Indemnification by the Loan Parties. The Loan Parties shall indemnify the Administrative Agent (and any sub-agent thereof), each
Lender and the Issuing Lender, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims,

  
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damages, liabilities and related expenses (including the reasonable fees, charges and disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from
all reasonable fees and time charges and disbursements for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any third party or any other Loan Party arising out of, in connection with,
or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance or nonperformance by the parties hereto of their respective obligations
hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the Issuing Lender to honor a
demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii) breach of representations, warranties or covenants of the Loan Parties
under the Loan Documents, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, including any such items or losses relating to or arising under Environmental Laws or pertaining to
environmental matters, whether based on contract, tort or any other theory, whether brought by a third party or by any Loan Party, and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to any
Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (x) 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 or (y) result from a claim brought by a Loan Party against an Indemnitee for breach in bad faith of such Indemnitee’s obligations hereunder or under any other Loan Document, if such Loan Party has
obtained a final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction. This Section 11.3.2 [Indemnification by the Loan Parties] shall not apply with respect to Taxes other than any Taxes that
represent losses, claims, damages, etc. arising from any non-Tax claim. 
 11.3.3 Reimbursement by Lenders. To the extent that the
Borrower for any reason fails to indefeasibly pay any amount required under Sections 11.3.1 [Costs and Expenses] or 11.3.2 [Indemnification by the Loan Parties] to be paid by it to the Administrative Agent (or any sub-agent thereof), the Issuing
Lender or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the Issuing Lender or such Related Party, as the case may be, such Lender’s Ratable 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 (or any such sub-agent) or the Issuing Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or
Issuing Lender in connection with such capacity. 
 11.3.4 Waiver of Consequential Damages, Etc. To the fullest extent permitted by
applicable Law, the Borrower shall not assert, and 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, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the

  
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proceeds thereof. No Indemnitee referred to in Section 11.3.2 [Indemnification by Loan Parties] shall be liable for any damages arising from the use by unintended recipients of any
information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby. 

11.3.5 Payments. All amounts due under this Section shall be payable not later than ten (10) days after demand therefor. 

11.4 Holidays. Whenever payment of a Loan to be made or taken hereunder shall be due on a day which is not a Business Day such payment
shall be due on the next Business Day (except as provided in Section 4.2 [Interest Periods]) and such extension of time shall be included in computing interest and fees, except that the Loans shall be due on the Business Day preceding the
Expiration Date or the Maturity Date, as applicable, if the Expiration Date or the Maturity Date, as applicable, is not a Business Day. Whenever any payment or action to be made or taken hereunder (other than payment of the Loans) shall be stated to
be due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, and such extension of time shall not be included in computing interest or fees, if any, in connection with such payment or
action. 
 11.5 Notices; Effectiveness; Electronic Communication. 

11.5.1 Notices Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and
except as provided in Section 11.5.2 [Electronic Communications]), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail
or sent by telecopier (i) if to a Lender, to it at its address set forth in its administrative questionnaire, or (ii) if to any other Person, to it at its address set forth on Schedule 1.1(B). 

Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when
received; notices sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for
the recipient). Notices delivered through electronic communications to the extent provided in Section 11.5.2 [Electronic Communications], shall be effective as provided in such Section. 

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

  
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particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications 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, as available, return e-mail or other written acknowledgement); provided that if such notice or other
communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient, and (ii) notices or
communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication
is available and identifying the website address therefor. 
 11.5.3 Change of Address, Etc. Any party hereto may change its address,
e-mail address or telecopier number for notices and other communications hereunder by notice to the other parties hereto. 

11.6 Severability. The provisions of this Agreement are intended to be severable. If any provision of this Agreement shall be held
invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such invalidity or unenforceability without in any manner affecting the validity or enforceability
thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 
 11.7 Duration; Survival. All
representations and warranties of the Loan Parties contained herein or made in connection herewith shall survive the execution and delivery of this Agreement, the completion of the transactions hereunder and Payment In Full. All covenants and
agreements of the Borrower contained herein relating to the payment of principal, interest, premiums, additional compensation or expenses and indemnification, including those set forth in the Notes, Article 5 [Payments] and Section 11.3
[Expenses; Indemnity; Damage Waiver], shall survive Payment In Full. All other covenants and agreements of the Loan Parties shall continue in full force and effect from and after the date hereof and until Payment In Full. 

11.8 Successors and Assigns. 

11.8.1 Successors and Assigns Generally. The provisions of this Agreement shall be binding upon, and inure to the benefit of, the
parties hereto and their respective successors and assigns permitted hereby, except that neither the Borrower nor any other Loan Party may assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of
the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of Section 11.8.2 [Assignments by Lenders],
(ii) by way of participation in accordance with the provisions of Section 11.8.4 [Participations], or (iii) by way of pledge or assignment of a security interest subject to the restrictions of Section 11.8.5 [Certain Pledges;
Successors and Assigns Generally] (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties
hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in Section 11.8.4 [Participations] and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent
and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

  
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 11.8.2 Assignments by Lenders. Any Lender may at any time assign to one or more assignees
all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following conditions: 

(i) Minimum Amounts. 

(A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to
it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B) in any case not described in clause (i)(A) of this Section 11.8.2, the aggregate amount of the Commitment (which for this
purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment
and Assumption Agreement with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption Agreement, as of the Trade Date) shall not be less than $5,000,000, in the
case of any assignment in respect of the Revolving Credit Commitment of the assigning Lender, or $5,000,000 in the case of the Term Loan of such assigning Lender, unless each of the Administrative Agent and, so long as no Event of Default has
occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed). 
 (ii)
Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Commitment assigned. 

(iii) Required Consents. No consent shall be required for any assignment except for the consent of the Administrative Agent (which
shall not be unreasonably withheld or delayed) and: 
 (A) the consent of the Borrower (such consent not to be unreasonably withheld or
delayed) shall be required unless (x) an Event of Default has occurred and is continuing at the time of such assignment or (y) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund; provided that the Borrower shall
be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received notice thereof; and 

(B) the consent of the Issuing Lender (such consent not to be unreasonably withheld or delayed) shall be required for any assignment that
increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding). 

  
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 (iv) Assignment and Assumption Agreement. The parties to each assignment shall execute
and deliver to the Administrative Agent an Assignment and Assumption Agreement, together with a processing and recordation fee of $3,500, and the assignee, if it is not a Lender, shall deliver to the Administrative Agent an administrative
questionnaire provided by the Administrative Agent. 
 (v) No Assignment to Borrower. No such assignment shall be made to the
Borrower or any of the Borrower’s Affiliates or Subsidiaries. 
 (vi) No Assignment to Natural Persons; Non-Financial
Institutions. No such assignment shall be made to a natural Person or any Person that is not a financial institution. 
 Subject to acceptance and
recording thereof by the Administrative Agent pursuant to Section 11.8.3 [Register], from and after the effective date specified in each Assignment and Assumption Agreement, the assignee thereunder shall be a party to this Agreement and, to the
extent of the interest assigned by such Assignment and Assumption Agreement, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and
Assumption Agreement, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption Agreement covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease
to be a party hereto) but shall continue to be entitled to the benefits of Sections 4.4 [Euro-Rate Unascertainable; Etc.], 5.7 [Increased Costs], and 11.3 [Expenses, Indemnity; Damage Waiver] with respect to facts and circumstances occurring
prior to the effective date of such assignment. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 11.8.2 shall be treated for purposes of this Agreement as a sale by such
Lender of a participation in such rights and obligations in accordance with Section 11.8.4 [Participations]. 
 11.8.3 Register.
The Administrative Agent, acting solely for this purpose as an agent of the Borrower, shall maintain a record of the names and addresses of the Lenders, and the Commitments of, and principal amounts of the Loans owing to, each Lender pursuant to the
terms hereof from time to time. Such register shall be conclusive, and the Borrower, the Administrative Agent and the Lenders may treat each Person whose name is in such register pursuant to the terms hereof as a Lender hereunder for all purposes of
this Agreement, notwithstanding notice to the contrary. Such register shall be available for inspection by the Borrower and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

11.8.4 Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural person, the Borrower or any of the Borrower’s Affiliates or Subsidiaries or a Person that is not a financial institution) (each, a “Participant”) in all or a portion of such
Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged,
(ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative Agent, the Lenders, and the Issuing Lender shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. 

  
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 Any agreement or instrument pursuant to which a Lender sells such a participation shall provide
that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not,
without the consent of the Participant, agree (other than as is already provided for herein) to any amendment, modification or waiver with respect to Sections 11.1.1 [Increase of Commitment], 11.1.2 [Extension of Payment, Etc.], or 11.1.3 [Release
of Guarantor]) that affects such Participant. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 4.4 [Euro-Rate Unascertainable, Etc.], 5.7 [Increased Costs], 5.9 [Indemnity] and 5.8 [Taxes] (subject to the
requirements and limitations therein, including the requirements under Section 5.8.7 [Status of Lenders] (it being understood that the documentation required under Section 5.8.7 [Status of Lenders] shall be delivered to the participating
Lender)) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section 11.8.2 [Assignments by Lenders]; provided that such Participant (A) agrees to be subject to the provisions of
Section 5.6.2 [Replacement of a Lender] and Section 5.6.3 [Designation of a Different Lending Office] as if it were an assignee under Section 11.8.2 [Assignments by Lenders]; and (B) shall not be entitled to receive any greater
payment under Sections 5.7 [Increased Costs] or 5.8 [Taxes], with respect to any participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a
Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate
the provisions of Section 5.6.2 [Replacement of a Lender] and Section 5.6.3 [Designation of Different Lending Office] with respect to any Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits
of Section 9.2.3 [Set-off] as though it were a Lender; provided that such Participant agrees to be subject to Section 5.3 [Sharing of Payments by Lenders] as though it were a Lender. Each Lender that sells a participation shall,
acting solely for this purpose as an agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other
obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any
information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such
commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender
shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its
capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 
 11.8.5 Certain Pledges;
Successors and Assigns Generally. 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 any pledge or assignment to secure

  
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obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee
for such Lender as a party hereto. 
 11.9 Confidentiality. 

11.9.1 General. Each of the Administrative Agent, the Lenders and the Issuing Lender agrees to maintain the confidentiality of the
Information, except that Information may be disclosed (i) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, advisors and other representatives (it being understood that the
Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (ii) to the extent requested by any regulatory authority purporting to have
jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (iii) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process,
(iv) to any other party hereto, (v) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights
hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same as those of this Section, to (A) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or
obligations under this Agreement or (B) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (vii) with the consent of the Borrower or (viii) to
the extent such Information (Y) becomes publicly available other than as a result of a breach of this Section or (Z) becomes available to the Administrative Agent, any Lender, the Issuing Lender or any of their respective Affiliates on a
nonconfidential basis from a source other than the Borrower or the other Loan Parties. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so
if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

11.9.2 Sharing Information With Affiliates of the Lenders. Each Loan Party acknowledges that from time to time financial advisory,
investment banking and other services may be offered or provided to the Borrower or one or more of its Affiliates (in connection with this Agreement or otherwise) by any Lender or by one or more Subsidiaries or Affiliates of such Lender and each of
the Loan Parties hereby authorizes each Lender to share any information delivered to such Lender by such Loan Party and its Subsidiaries pursuant to this Agreement to any such Subsidiary or Affiliate subject to the provisions of Section 11.9.1
[General]. 
 11.10 Counterparts; Integration; Effectiveness. 

11.10.1 Counterparts; Integration; Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto in
different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents, and any separate letter agreements with respect to fees
payable to the Administrative Agent, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and 

  
 98 

 
understandings, oral or written, relating to the subject matter hereof including any prior confidentiality agreements and commitments. Except as provided in Article 7 [Conditions Of Lending
And Issuance Of Letters Of Credit], this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the
signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement by telecopy or e-mail shall be effective as delivery of a manually executed counterpart
of this Agreement. 
 11.11 CHOICE OF LAW; SUBMISSION TO JURISDICTION; WAIVER OF VENUE; SERVICE OF PROCESS; WAIVER OF JURY TRIAL.

 11.11.1 Governing Law. This Agreement shall be deemed to be a contract under the Laws of the Commonwealth of Pennsylvania without
regard to its conflict of laws principles. Each standby Letter of Credit issued under this Agreement shall be subject either to the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International
Chamber of Commerce (the “ICC”) at the time of issuance (“UCP”) or the rules of the International Standby Practices (ICC Publication Number 590) (“ISP98”), as determined by the Issuing Lender, and
each trade Letter of Credit shall be subject to UCP, and in each case to the extent not inconsistent therewith, the Laws of the Commonwealth of Pennsylvania without regard to its conflict of laws principles. 

11.11.2 SUBMISSION TO JURISDICTION. THE BORROWER AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS
PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURT OF COMMON PLEAS OF ALLEGHENY COUNTY, PENNSYLVANIA AND THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF PENNSYLVANIA, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH
ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH PENNSYLVANIA STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER
OR THE ISSUING LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE BORROWER OR ANY OTHER LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

11.11.3 WAIVER OF VENUE. THE BORROWER AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST

  
 99 

 
EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER
LOAN DOCUMENT IN ANY COURT REFERRED TO IN THIS SECTION 11.11. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR
PROCEEDING IN ANY SUCH COURT AND AGREES NOT TO ASSERT ANY SUCH DEFENSE. 
 11.11.4 SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY
CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 11.5 [NOTICES; EFFECTIVENESS; ELECTRONIC COMMUNICATION]. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER
PERMITTED BY APPLICABLE LAW. 
 11.11.5 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER
BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, ADMINISTRATIVE AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT
OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION. 
 11.12 USA Patriot Act Notice. Each Lender that is subject to the USA Patriot Act and the
Administrative Agent (for itself and not on behalf of any Lender) hereby notifies Loan Parties that pursuant to the requirements of the USA Patriot Act, it is required to obtain, verify and record information that identifies the Loan Parties, which
information includes the name and address of Loan Parties and other information that will allow such Lender or Administrative Agent, as applicable, to identify the Loan Parties in accordance with the USA Patriot Act. 

11.13 Joinder of Guarantors. Any Subsidiary of the Borrower which is required to join this Agreement as a Guarantor pursuant to
Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures] or Section 8.2.15 [Inactive Subsidiaries] shall execute and deliver to the Administrative Agent (i) a Guarantor Joinder in substantially the form attached hereto as
Exhibit 1.1(G)(1) pursuant to which it shall join as a Guarantor to each of the documents to which the Guarantors are parties; and (ii) documents in the forms described in Section 7.1 [First Loans] modified as appropriate to
relate to such Subsidiary. If such joinder is pursuant to Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures], the Loan Parties shall deliver such Guarantor Joinder and related documents to the Administrative Agent within five
(5) Business 

  
 100 

 
Days after the date of the filing of such Subsidiary’s articles of incorporation if the Subsidiary is a corporation, the date of the filing of its certificate of limited partnership if it is
a limited partnership or the date of its organization if it is an entity other than a limited partnership or corporation. 
 11.14
Amendment and Restatement. This Agreement amends and restates in its entirety the Existing Credit Agreement; and the Loan Parties confirm that the Existing Credit Agreement, and the other Loan Documents thereunder (as all such capitalized
terms are defined in the Existing Credit Agreement) have at all times, since the date of the execution and delivery of such documents, remained in full force and effect. The Loans hereunder are a continuation of the Loans under (and as such terms
are defined in) the Existing Credit Agreement. The Loan Parties, the Administrative Agent and the Lenders acknowledge and agree that the amendment and restatement of the Existing Credit Agreement by this Agreement is not intended to constitute, nor
does it constitute, a novation, interruption, suspension of continuity, satisfaction, discharge or termination of the obligations, loans, liabilities, or indebtedness under the Existing Credit Agreement and the other Loan Documents (as such term is
defined therein) thereunder and this Agreement and the other Loan Documents are entitled to all rights and benefits originally pertaining to the Existing Credit Agreement and the other Loan Documents (as such term is defined therein). 

[INTENTIONALLY LEFT BLANK] 

  
 101 

 [SIGNATURE PAGE 1 OF 2 - SECOND AMENDED AND RESTATED CREDIT AGREEMENT] 

IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have executed this Agreement as of the day and year first
above written with the intention that this Agreement shall constitute a sealed instrument. 
  

											
	WITNESS:	 		 	BORROWER:	 	
					
		 		 		 	II-VI INCORPORATED, a Pennsylvania corporation	 	
						
	 /s/ Eric C. Springer
	 		 		 	By:	 	 /s/ Craig A. Creaturo
	 	(SEAL)
		 		 		 	Name:	 	Craig A. Creaturo	 	
		 		 		 	Title:	 	Chief Financial Officer and Treasurer	 	
				
		 		 	GUARANTORS:	 	
					
		 		 		 	II-VI DELAWARE, INC., a Delaware corporation; VLOC INCORPORATED, a Pennsylvania corporation; LIGHTWORKS OPTICAL SYSTEMS, INC., a California corporation; II-VI WIDE BAND GAP, INC., a
Pennsylvania corporation, MARLOW INDUSTRIES, INC., a Texas corporation; MAX LEVY AUTOGRAPH, INC., a Pennsylvania corporation; HIGHYAG LASERTECHNOLOGIE, INC., a Pennsylvania corporation; PHOTOP TECHNOLOGIES, INC., a
California corporation; PHOTOP AEGIS, INC., a Delaware corporation; M CUBED TECHNOLOGIES, INC., a Delaware corporation; II-VI DELAWARE HOLDINGS, INC., a Delaware corporation	 	
						
	 /s/ Eric C. Springer
	 		 		 	By:	 	 /s/ Craig A. Creaturo
	 	(SEAL)
		 		 		 	Name:	 	Craig A. Creaturo	 	
		 		 		 	Title:	 	Treasurer of each of the entities listed above, other than PHOTOP TECHNOLOGIES, INC. for which he is the Secretary	 	

 [SIGNATURE PAGE 2 OF 2 - SECOND AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	PNC BANK, NATIONAL ASSOCIATION, individually and as Administrative Agent
		
	By:	 	 /s/ Justin Krauss

	Name:	 	Justin Krauss
	Title:	 	Vice President

 SCHEDULE 1.1(A) 

PRICING GRID 
 VARIABLE PRICING AND
FEES BASED ON LEVERAGE RATIO 
  

																											
	 Level
	  	 Leverage

Ratio
	  	Commitment
Fee	 	 	Letter
of
Credit Fee	 	 	Revolving
Credit
Base Rate
Spread	 	 	Term
Loan
Base Rate
Spread	 	 	Revolving
Credit
Euro-Rate
Spread	 	 	Term
Loan
Euro-Rate
Spread	 
	 I
	  	Less than or equal to 0.50 to 1.00	  	 	0.15	% 	 	 	0.75	% 	 	 	0.00	% 	 	 	0.00	% 	 	 	0.75	% 	 	 	0.75	% 
	 II
	  	Greater than 0.50 to 1.00 but less than or equal to 1.00 to 1.00	  	 	0.20	% 	 	 	1.00	% 	 	 	0.00	% 	 	 	0.00	% 	 	 	1.00	% 	 	 	1.00	% 
	 III
	  	Greater than 1.00 to 1.00 but less than or equal to 1.50 to 1.00	  	 	0.20	% 	 	 	1.25	% 	 	 	0.25	% 	 	 	0.25	% 	 	 	1.25	% 	 	 	1.25	% 
	 IV
	  	Greater than 1.50 to 1.00 but less than or equal to 2.00 to 1.00	  	 	0.25	% 	 	 	1.50	% 	 	 	0.50	% 	 	 	0.50	% 	 	 	1.50	% 	 	 	1.50	% 
	 V
	  	Greater than 2.00 to 1.00	  	 	0.25	% 	 	 	1.75	% 	 	 	0.75	% 	 	 	0.75	% 	 	 	1.75	% 	 	 	1.75	% 

 For purposes of determining the Applicable Margin, the Applicable Commitment Fee Rate and the Applicable
Letter of Credit Fee Rate: 
 (a) On the Closing Date, the Applicable Margin, the Applicable Commitment Fee Rate and the Applicable Letter
of Credit Fee Rate shall be set at level IV and shall remain at such level until the delivery of the Compliance Certificate for the fiscal quarter ending September 30, 2013. Notwithstanding the foregoing, the Leverage Ratio shall be recomputed
on the day of delivery of the Target Financial Statements and the Applicable Margin, the Applicable Commitment Fee Rate and the Applicable Letter of Credit Fee Rate shall be set on such date based on such Leverage Ratio. 

  

					
	Schedule 1.1(A)	  	1	  	

 (b) The Applicable Margin, the Applicable Commitment Fee Rate and the Applicable Letter of Credit
Fee Rate shall be recomputed as of the end of each fiscal quarter ending after the Closing Date based on the Leverage Ratio as of such quarter end. Any increase or decrease in the Applicable Margin, the Applicable Commitment Fee Rate or the
Applicable Letter of Credit Fee Rate computed as of a quarter end shall be effective on the date on which the Compliance Certificate evidencing such computation is due to be delivered under Section 8.3.3 [Certificate of Borrower]. If a
Compliance Certificate is not delivered when due in accordance with such Section 8.3.3, then the rates in Level V shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered
and shall remain in effect until the date on which such Compliance Certificate is delivered. 
 (c) If, as a result of any restatement of or
other adjustment to the financial statements of the Borrower or for any other reason, the Borrower or the Lenders determine that (i) the Leverage Ratio as calculated by the Borrower as of any applicable date was inaccurate and (ii) a
proper calculation of the Leverage Ratio would have resulted in higher pricing for such period, the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders, promptly on
demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States, automatically and without further action by the
Administrative Agent, any Lender or the Issuing Lender), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period. This paragraph
shall not limit the rights of the Administrative Agent, any Lender or the Issuing Lender, as the case may be, under Section 2.8 [Letter of Credit Subfacility] or Section 4.3 [Interest After Default] or Article 9 [Default]. The
Borrower’s obligations under this paragraph shall survive the termination of the Commitments and the repayment of all other Obligations hereunder. 

  

					
	Schedule 1.1(A)	  	2	  	

 SCHEDULE 1.1(B) 

COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES 

Page 1 of 2 
 Part 1 - Commitments of
Lenders and Addresses for Notices to Lenders 
  

																	
	 Lender
	  	Amount of
Commitment
for Revolving
Credit Loans	 	  	Amount of
Commitment
for Term
Loans	 	  	Commitment	 	  	Ratable Share	 
					
	 Name: PNC Bank, National Association

Address: Three PNC Plaza

225 Fifth Avenue

Pittsburgh, PA 15222

Mailstop: P3-P3PP-04-5

Attention: Justin Krauss

Telephone: (412) 762-7262
	  	$	225,000,000	  	  	$	100,000,000	  	  	$	325,000,000	  	  	 	100.000000000	% 
					
	 Total
	  	$	225,000,000	  	  	$	100,000,000	  	  	$	325,000,000	  	  	 	100.000000000	% 

  

					
	Schedule 1.1(B)	  		  	

 SCHEDULE 1.1(B) 

COMMITMENTS OF LENDERS AND ADDRESSES FOR NOTICES 

Page 2 of 2 
 Part 2 - Addresses for Notices
to Borrower and Guarantors: 
  

			
	ADMINISTRATIVE AGENT
	
	Name: PNC Bank, National Association
	Address: Three PNC Plaza
	225 Fifth Avenue
	Pittsburgh, PA 15222
	Mailstop: P3-P3PP-04-5
	Attention: Justin Krauss
	Telephone: (412) 762-7262
	
	With a Copy To:
	
	Agency Services, PNC Bank, National Association
	Mail Stop: P7-PFSC-04-I
	Address: 500 First Avenue
	Pittsburgh, PA 15219
	Attention:	  	Agency Services
	Telephone:	  	(412) 762-6442
	Telecopy:	  	(412) 762-8672
	
	BORROWER:
	
	Name: II-VI INCORPORATED
	Address: 375 Saxonburg Boulevard
	Saxonburg, PA 16056
	Attention: Craig A. Creaturo, Chief Financial Officer and Treasurer
	Telephone:	  	(724) 352-5211
	Telecopy:	  	(724) 360-5947
	
	IF TO ANY GUARANTOR:
	
	Name: c/o II-VI INCORPORATED
	Address: 375 Saxonburg Boulevard
	Saxonburg, PA 16056
	Attention: Craig A. Creaturo, Chief Financial Officer and Treasurer
	Telephone:	  	(724) 352-5211
	Telecopy:	  	(724) 360-5947

  

					
	Schedule 1.1(B)	  		  	

 SCHEDULE 1.1(C) 

ADDITIONAL COSTS 
  

	1.	The Additional Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case,
any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank. 

  

	2.	On the first day of each Interest Period (or as soon as possible thereafter) each Lender shall calculate, as a percentage rate per annum, a rate (the “Additional Costs Rate”) for that Lender, in
accordance with the paragraphs set out below. 

  

	3.	The Additional Costs Rate for any Lender lending from a lending office in a Participating Member State will be the percentage notified by that Lender to the Borrower. This percentage will be certified by that Lender in
its notice to the Borrower to be its reasonable determination of the cost (expressed as a percentage of that Lender’s participation in all Loans made from that lending office) of complying with the minimum reserve requirements of the European
Central Bank in respect of loans made from that lending office. 

  

	4.	The Additional Costs Rate for any Lender lending from a lending office in the United Kingdom will be calculated by that Lender as follows: 

 

	 	(a)	in relation to a Loan in Pounds Sterling: 

  

			
	 AB + C(B – D) + E x 0.01

            100 – (A + C)
	 	percent per annum

  

	 	(b)	in relation to a Loan in any currency other than Pounds Sterling: 

  

			
	 E x 0.01

    300
	 	percent per annum.

 Where: 
  

	 	A	is the percentage of Eligible Liabilities (assuming these to be in excess of any stated minimum) which that Lender is from time to time required to maintain as an interest free cash ratio deposit with the Bank of
England to comply with cash ratio requirements. 

  

	 	B	is the percentage rate of interest (excluding the Applicable Margin and the Additional Cost and, if the Loan is an Unpaid Sum, the additional rate of interest specified in Section 4.3 [Interest After Default])
payable for the relevant Interest Period on the Loan. 

  

					
	Schedule 1.1(C)	  	1	  	

	 	C	is the percentage (if any) of Eligible Liabilities which that Lender is required from time to time to maintain as interest bearing Special Deposits with the Bank of England. 

 

	 	D	is the percentage rate per annum payable by the Bank of England to that Lender on interest bearing Special Deposits. 

  

	 	E	is designed to compensate Lenders for amounts payable under the Fees Rules and is determined by each Lender as being the most recent rate of charge payable by that Lender as referenced in paragraph 7 below and
expressed in pounds per £1,000,000. 

  

	5.	For the purposes of this Schedule: 

  

	 	(a)	“Eligible Liabilities” and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank
of England; 

  

	 	(b)	“Fees Rules” means the rules on periodic fees contained in the Financial Services Authority Fees Manual or such other law or regulation as may be in force from time to time in respect of the payment of
fees for the acceptance of deposits; 

  

	 	(c)	“Fee Tariffs” means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required pursuant to the Fees Rules but taking
into account any applicable discount rate); 

  

	 	(d)	“Participating Member State” means any member state of the European Union that adopts or has adopted the euro as its lawful currency in accordance with legislation of the European Union relating to
economic and monetary union. 

  

	 	(e)	“Tariff Base” has the meaning given to it in, and will be calculated in accordance with, the Fees Rules; and 

  

	 	(f)	“Unpaid Sum” means any sum due and payable but unpaid by the Borrower under the Loan Documents. 

  

	6.	In application of the above formulae, A, B, C and D will be included in the formulae as percentages (i.e. 5 percent will be included in the formula as 5 and not as 0.05). A negative result obtained by subtracting D from
B shall be taken as zero. The resulting figures shall be rounded to four decimal places. 

  

	7.	The rate of charge for any Lender is the rate of charge payable by that Lender to the Financial Services Authority pursuant to the Fees Rules in respect of the relevant financial year of the Financial Services Authority
(calculated for this purpose by that Lender as being the average of the Fee Tariffs applicable to that Lender for that financial year) and expressed in pounds per £1,000,000 of the Tariff Base of that Lender. 

  

					
	Schedule 1.1(C)	  	2	  	

	8.	The percentages of each Lender for the purpose of A and C above and the rates of charge of each Lender for the purpose of E above shall be determined by each Lender in accordance with this Schedule and on the assumption
that, unless a Lender notifies the Borrower to the contrary, each Lender’s obligations in relation to cash ratio deposits and Special Deposits are the same as those of a typical bank from its jurisdiction of incorporation with a lending office
in the same jurisdiction as its lending office. 

  

	9.	The Borrower shall pay to each Lender the Additional Cost of that Lender on the basis of the Additional Costs Rate for that Lender as determined by that Lender in accordance with this Schedule. 

 

	10.	Any determination by a Lender pursuant to this Schedule in relation to a formula, the Additional Cost, an Additional Costs Rate or any amount payable to a Lender shall, in the absence of manifest error, be conclusive
and binding on the Borrower. 

  

	11.	The Administrative Agent may from time to time, after consultation with the Borrower and the Lenders, determine and notify to the Borrower any amendments which are required to be made to this Schedule in order to comply
with any change in law, regulation or any requirements from time to time imposed by the Bank of England, the Financial Services Authority or the European Central Bank (or, in any case, any other authority which replaces all or any of its functions)
and any such determination shall, in the absence of manifest error, be conclusive and binding on the Borrower. 

  

					
	Schedule 1.1(C)	  	3	  	

 EXHIBIT 5.8.7 (A) 

FORM OF 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Second Amended and Restated Credit Agreement dated as of September     , 2013 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among II-VI INCORPORATED, as Borrower, the Guarantors from time to time party thereto, and each Lender from time to time party thereto and PNC
Bank, National Association, as administrative agent for the Lenders. 
 Pursuant to the provisions of Section 5.8 [Taxes] of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank
within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related
to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Administrative Agent and the
Borrower with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the
Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each
payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless otherwise defined
herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF LENDER]
		
	By:	 	  

		
		 	Name:
		
		 	Title:

 Date:                  ,
20[    ] 

 EXHIBIT 5.8.7(B) 

FORM OF 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Second Amended and Restated Credit Agreement dated as of September     , 2013 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among II-VI INCORPORATED, as Borrower, the Guarantors from time to time party thereto, and each Lender from time to time party thereto and PNC
Bank, National Association, as administrative agent for the Lenders. 
 Pursuant to the provisions of Section 5.8 [Taxes] of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of
Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as
described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished its participating Lender with a certificate of its
non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the
undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding such payments. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings
given to them in the Credit Agreement. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		
		 	Name:
		
		 	Title:

 Date:                  ,
20[    ] 

 EXHIBIT 5.8.7(C) 

FORM OF 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Second Amended and Restated Credit Agreement dated as of September     , 2013 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among II-VI INCORPORATED, as Borrower, the Guarantors from time to time party thereto, and each Lender from time to time party thereto and PNC
Bank, National Association, as administrative agent for the Lenders. 
 Pursuant to the provisions of Section 5.8 [Taxes] of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such
participation, (iii) with respect such participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or
business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and
(v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its
partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s
beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender
and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two
calendar years preceding such payments. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have
the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:                 ,
20[    ] 

 EXHIBIT 5.8.7(D) 

FORM OF 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Second Amended and Restated Credit Agreement dated as of September     , 2013 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among II-VI INCORPORATED, as Borrower, the Guarantors from time to time party thereto, and each Lender from time to time party thereto and PNC
Bank, National Association, as administrative agent for the Lenders. 
 Pursuant to the provisions of Section 5.8 [Taxes] of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect
partners/members are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii) with respect to the extension of credit pursuant to this Credit Agreement or any other Loan Document, neither the
undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code,
(iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign
corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the
Administrative Agent and the Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY
accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on
this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and
currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit
Agreement. 
  

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:                 ,
20[    ] 

 EXHIBIT 1.1(A) 

FORM OF 
 ASSIGNMENT AND
ASSUMPTION AGREEMENT 
 THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Assignment and Assumption”) is dated as
of the Effective Date set forth below and is entered into by and between [INSERT NAME OF ASSIGNOR] (the “Assignor”) and [INSERT NAME OF ASSIGNEE] (the “Assignee”). Capitalized terms used but not
defined herein shall have. the meanings given to them in the Second Amended and Restated Credit Agreement identified below (as the same may be further amended, restated, modified, or supplemented,
the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex I attached hereto are hereby agreed to and incorporated herein by
reference and made a part of this Assignment and Assumption as if set forth herein in full. 
 For an agreed consideration, the Assignor
hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date
inserted by the Administrative Agent as ‘contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to
the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the respective facilities identified below (including, without limitation, any Letters of Credit and
guarantees included in such facilities), and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether
known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including,
but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations
sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in
this Assignment and Assumption, without representation or warranty by the Assignor. 
  

			
	 Assignor:
	  	
		
	 Assignee:
	  	[and is an Affiliate of [IDENTIFY LENDER]]
		
	 Borrower:
	  	II-VI INCORPORATED, a Pennsylvania corporation
		
	 Administrative

Agent:
	  	PNC BANK, NATIONAL ASSOCIATION, as administrative agent under the Credit Agreement

			
	 Assignor:
	  	
		
	 Credit
 Agreement:
	  	Second Amended and Restated Credit Agreement, dated as of September 10, 2013, among II-VI Incorporated, and Guarantors now or hereafter party thereto, the Lenders party thereto and PNC Bank, National Association, as Administrative
Agent.
		
	 Assigned

Interest:
	  	

  

															
	 Facility Assigned
	  	Aggregate Amount of
Commitment / Loans
for all Lenders	 	  	Amount of
Commitment / Loans
Assigned	 	  	Percentage Assigned
of Commitment /
Loans1	 	 	CUSIP
Number
	 Revolving Credit. Commitment
	  	$	 	  	  	$	 	  	  	 	 	% 	 	

  

					
	 Trade Date:
	  	 	2	  

 [SIGNATURE PAGE FOLLOWS] 

 

	1 	Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	2 	To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. 

  
 2 

 Effective Date:
                , 20     . [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER
THEREFOR.]3 
 The terms set forth in this Assignment and Assumption are hereby agreed
to: 
  

			
	ASSIGNOR
	
	  

		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	ASSIGNEE
	
	  

		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

			
	Consented to and Accepted:
	
	 PNC BANK, NATIONAL ASSOCIATION,

as Administrative Agent

		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	Consented to:4
	
	 II-VI INCORPORATED,
 a
Pennsylvania corporation

		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

	3 	Assignor shall pay a fee of $3,500 to the Administrative Agent in connection with the Assignment and Assumption. 

	4 	If applicable. 

  
 3 

 ANNEX 1 

II-VI INCORPORATED 

CREDIT FACILITY 

STANDARD TERMS AND CONDITIONS 

FOR ASSIGNMENT AND ASSUMPTION AGREEMENT 

1. Representations and Warranties. 

1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned
Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to
consummate the transactions contemplated hereby and (vi) it is [not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit
Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its
Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document, or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of .any of their respective obligations under any Loan Document. 
 1.2 Assignee. The
Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a
Lender under the Credit Agreement, (ii) it meets all requirements of an eligible assignee under the Credit Agreement (subject to receipt of such consents as may be required under the Credit Agreement), (iii) from and after the Effective
Date, it shall be bound by the provisions of the Credit Agreement and the other Loan Documents as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it is sophisticated with
respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets of such type,
(v) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Section 8.3 [Reporting Requirements] thereof, as applicable, and such other documents and information as
it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance
on the Administrative Agent or any other Lender, (vi) it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Assignment and Assumption Agreement and to purchase the Assigned Interest and (vii) if Assignee is not incorporated or organized under the Laws of the United States of America or a state thereof,
attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and
without reliance on the Administrative Agent, 

 
the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action
under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest
(including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.
Notwithstanding the foregoing, the Administrative Agent shall make all payments of interest, fees or other amounts paid or payable in kind from and after the Effective Date to the Assignee. 

3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their
respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and
Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the internal laws of the Commonwealth
of Pennsylvania without regard to its conflict of laws principles. 

  
 2 

 EXHIBIT 1.1(G)(1) 

FORM OF 
 JOINDER AND
ASSUMPTION AGREEMENT 
 This Joinder and Assumption Agreement (“Joinder”) is made this
                , 20    , by
                                        , a
                     limited liability company/limited partnership/general partnership/corporation (the “New Guarantor”). 

Background 
 Reference is
made to (i) the Second Amended and Restated Credit Agreement, dated September 10, 2013, as the same may be modified, supplemented or amended from time to time (the “Agreement”) by and among II-VI Incorporated, a Pennsylvania
corporation (the “Borrower”), the Guarantors party thereto, PNC Bank, National Association (“PNC Bank”), various other financial institutions which are now or hereafter become a party thereto (PNC Bank and such other financial
institutions are each, a “Bank” and collectively, the “Banks”) and PNC Bank, in its capacity as agent for the Banks (in such capacity, the “Agent”), (ii) the Form of Guaranty and Suretyship Agreement referred to in
the Agreement and attached thereto as Exhibit 1.1(G)(2), as the same may be modified, supplemented or amended (the “Guaranty”), and (iii) the other Loan Documents referred to in the Agreement, as the same may be modified,
supplemented or amended. 
 Agreement 

Capitalized terms defined in the Agreement are used herein as defined therein. In consideration of the New Guarantor becoming a Guarantor
under the terms of the Agreement and in consideration of the value of the synergistic benefits received by New Guarantor as a result of becoming affiliated with Borrower and the Guarantors, the New Guarantor hereby agrees that effective as of the
date hereof, it hereby is, and shall be deemed to be, a Guarantor under the Agreement, the Guaranty and each of the other Loan Documents to which the Guarantors are a party and agrees that from the date hereof and so long as any Loan or any
Commitment of any Bank shall remain outstanding and until the payment in full of the Loans and the Notes and the performance of all other obligations of the Borrower under the Loan Documents, the New Guarantor has assumed the obligations of a
Guarantor under, and the New Guarantor shall perform, comply with and be subject to and bound by, jointly and severally, each of the terms, provisions and waivers of the Agreement, the Guaranty, the Intercompany Subordination Agreement and each of
the other Loan Documents which are stated to apply to or are made by a Guarantor. Without limiting the generality of the foregoing, the New Guarantor hereby represents and warrants that (i) each of the representations and warranties with
respect to the Guarantors set forth in Article 6 of the Agreement is true and correct as to the New Guarantor on and as of the date hereof as if made on and as of the date hereof by the New Guarantor (except representations and warranties which
relate solely to an earlier date or time which representations and warranties shall be true and correct in all material respects on and as of the specific date or times referred to in said representations and warranties) and (ii) the New
Guarantor has heretofore received a true and correct copy of the Agreement and each of the other Loan Documents (including any modifications thereof or supplements or waivers thereto) as in effect on the date hereof. 

 The New Guarantor hereby makes, affirms, and ratifies in favor of the Banks and the Agent the
Agreement, the Guaranty, the Intercompany Subordination Agreement and each of the other Loan Documents given by the Guarantors to the Agent and any of the Banks. 

The New Guarantor is simultaneously delivering to the Agent the following documents together with this Joinder required under
Section 8.2.6 [Liquidations, Merger, Consolidations, Acquisitions], Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures] and/or Section 11.13 [Joinder of Guarantors] of the Agreement, as applicable. 

 

					
	 Document
	  	Delivered	  	Not Delivered
			
	 Opinion of Counsel (mandatory)
	  	 ̈	  	 ̈
			
	 Officer’s Certificate (mandatory)
	  	 ̈	  	 ̈
			
	 Secretary’s Certificate (mandatory)
	  	 ̈	  	 ̈
			
	 Waivers (if applicable)
	  	 ̈	  	 ̈
			
	 Schedule No. and Description
	  	Delivered	  	Not Delivered
			
	 Schedule 1.1(P) Permitted Liens (if applicable)
	  	 ̈	  	 ̈
			
	 Schedule 6.1.3 Subsidiaries (mandatory)
	  	 ̈	  	 ̈
			
	 Schedule 6.1.16 Insurance (if applicable)
	  	 ̈	  	 ̈
			
	 Schedule 6.1.20 ERISA Matters (if applicable)
	  	 ̈	  	 ̈
			
	 Schedule 6.1.21 Environmental Disclosure (if applicable)
	  	 ̈	  	 ̈
			
	 Schedule 8.2.1 Permitted Indebtedness (if applicable)
	  	 ̈	  	 ̈

 [Note: updates to schedules do not cure any breach of warranties unless 

expressly agreed in accordance with the terms of the Agreement.] 

In furtherance of the foregoing, the New Guarantor shall execute and deliver or cause to be executed and delivered at any time and from time
to time such further instruments. and documents and do or cause to be done such further acts as may be reasonably necessary or proper in the opinion of the Agent to carry out more effectively the
provisions and purposes of this Joinder and the other Loan Documents. 
 [INTENTIONALLY LEFT BLANK] 

  
 2 

 IN WITNESS WHEREOF, the New Guarantor has duly executed this Joinder and delivered the same to the. Agent for the
benefit of the Banks, on the date and year first above written. 
  

			
	[NEW GUARANTOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

			
	Acknowledged and accepted:
	
	 PNC BANK, NATIONAL ASSOCIATION,

as Agent

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  
 3 

 ACKNOWLEDGMENT 
  

					
	STATE/COMMONWEALTH OF            	 	)	 	
		 	)	 	 SS:

	COUNTY OF	 	)	 	

 [On this, the      day of
                    ,         , before me, a Notary Public, the undersigned officer, personally appeared
                    , who acknowledged himself/herself to be the
                     of                     , a
                     (the “Company”), and that he/she as such officer, being authorized to do so, executed the foregoing instrument for the
purposes therein contained by signing the name of the Company as such officer.] 
 [On this, the      day of
                    ,         , before me, a Notary Public, the undersigned officer, personally appeared
                    , an individual, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and
acknowledged that he/she executed the same for the purposes therein contained.] 
 [On this, the      day of
                    ,         , before me a Notary Public, personally appeared
                    , who acknowledged himself/herself to be the
                    , of                     , a
                    , (the “General Partner”), the general partner of
                    , a                     ,
(the “Partnership”), and that he/she, as the such officer of the General Partner, executed the foregoing instrument for the purposes therein contained by signing his/her name on behalf of the Partnership.] 

IN WITNESS WHEREOF, I hereunto set my hand and official seal. 

 

	
	  

	Notary Public

 My Commission Expires: 

  
 4 

 EXHIBIT 1.1(G)(2) 

FORM OF 
 SECOND AMENDED
AND RESTATED 
 CONTINUING AGREEMENT OF GUARANTY AND SURETYSHIP 

THIS CONTINUING AGREEMENT OF GUARANTY AND SURETYSHIP (as may be further amended, restated, modified or supplemented from time to time,
this “Guaranty”), dated as of this 10th day of September, 2013, is jointly and severally given by EACH OF THE UNDERSIGNED AND EACH OF THE OTHER PERSONS WHICH BECOME
GUARANTORS HEREUNDER FROM TIME TO TIME (each, a “Guarantor” and collectively the “Guarantors”) in favor of PNC BANK, NATIONAL ASSOCIATION, as administrative agent for the Lenders (as
hereinafter defined) (the “Administrative Agent”) in connection with that Second Amended and Restated Credit Agreement, dated as of September 10, 2013, by and among II-VI Incorporated, a Pennsylvania corporation (the
“Borrower”), the Administrative Agent, the Lenders now or hereafter party thereto (the “Lenders”) and the Guarantors (as may be further amended, restated, modified or supplemented from time to time,
the “Credit Agreement”). Capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them by the Credit Agreement and the rules of construction set forth in Section 1.2 [Construction] of
the Credit Agreement shall apply to this Guaranty. 
 1. Guarantied Obligations. To induce the Administrative Agent and the
Lenders to make loans and grant other financial accommodations to the Borrower under the Credit Agreement, each Guarantor hereby jointly and severally, unconditionally and irrevocably, guaranties to the Administrative Agent, each Lender and any
Lender which provides a Lender Provided Interest Rate Hedge, Lender Provided Foreign Currency Hedge or any provider of Other Lender Provided Financial Service Products, and becomes surety, as though it was a primary obligor for, the full and
punctual payment and performance when due (whether on demand, at stated maturity, by acceleration, or otherwise and including any amounts which would become due but for the operation of an automatic stay under the federal bankruptcy code of the
United States or any similar Laws of any country or jurisdiction) of all Obligations, including, without limiting the generality of the foregoing, all obligations, liabilities, and indebtedness from time to time of the Borrower or any other
Guarantor to the Administrative Agent or any of the Lenders or any Affiliate of any Lender under or in connection with the (i) Credit Agreement, (ii) any other Loan Document, (iii) any Lender Provided Interest Rate Hedge, Lender
Provided Foreign Currency Hedge, and/or (iv) any Other Lender Provided Financial Service Product, whether for principal, interest , fees, indemnities, expenses, or otherwise, and all renewals, extensions, amendments, refinancings or refundings
thereof, whether such obligations, liabilities, or indebtedness are direct or indirect, secured or unsecured, joint or several, absolute or contingent, due or to become due, whether for payment or performance, now existing or hereafter arising (and
including obligations, liabilities, and indebtedness arising or accruing after the commencement of any bankruptcy, insolvency, reorganization, or similar proceeding with respect to the Borrower or any Guarantor or which would have arisen or accrued
but for the commencement of such proceeding, even if the claim for such obligation, liability, or indebtedness is not enforceable or allowable in such proceeding, and including all Obligations, liabilities, and Indebtedness arising from any
extensions of credit under or in connection with any Loan Document from time to time, regardless of whether any 

 
such extensions of credit are in excess of the amount committed under or contemplated by the Loan Documents or are made in circumstances in which any condition to extension of credit is not
satisfied) (all of the foregoing obligations, liabilities and indebtedness are referred to herein collectively, as the “Guarantied Obligations” and each, as a “Guarantied Obligation”). Notwithstanding
anything to the contrary contained in the foregoing, the Guaranteed Obligations shall not include any Excluded Hedge Liabilities. Without limitation of the foregoing, any of the Guarantied Obligations shall be and remain Guarantied Obligations
entitled to the benefit of this Guaranty if the Administrative Agent or any of the Lenders (or any one or more assignees or transferees thereof) from time to time assign or otherwise transfer all or any portion of their respective rights and
obligations under the Loan Documents, or any other Guarantied Obligations, to any other Person pursuant to the terms of the Credit Agreement. In furtherance of the foregoing., each Guarantor
jointly and severally agrees as follows. 
 2. Guaranty. Each Guarantor hereby promises to pay and perform all such Guarantied
Obligations immediately upon demand of the Administrative Agent and the Lenders or any one or more of them. All payments made hereunder shall be made by each Guarantor in immediately available funds in U.S. Dollars and shall be made without setoff,
counterclaim, withholding, or other deduction of any nature. 
 3. Obligations Absolute. The obligations of the Guarantors hereunder
shall not be discharged or impaired or otherwise diminished by the failure, default, omission, or delay, willful or otherwise, by any Lender, the Administrative Agent, the Borrower or any other obligor on any of the Guarantied Obligations, or by any
other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of any Guarantor or would otherwise operate as a discharge of any Guarantor as a matter of law or equity. Each of
the Guarantors agrees that the Guarantied Obligations will be paid and performed strictly in accordance with the terms of the Loan Documents. Without limiting the generality of the foregoing, each Guarantor hereby consents to, at any time and from
time to time, and the joint and several obligations of each Guarantor hereunder shall not be diminished, terminated, or otherwise similarly affected by any of the following: 

(a) Any lack of genuineness, legality, validity, enforceability or allowability (in a bankruptcy, insolvency, reorganization or similar
proceeding, or otherwise), or any avoidance or subordination, in whole or in part, of any Loan Document or any of the Guarantied Obligations and regardless of any Law, regulation or order now or hereafter in effect in any jurisdiction affecting any
of the Guarantied Obligations, any of the terms of the Loan Documents, or any rights of the Administrative Agent or the Lenders or any other Person with respect thereto; 

(b) Any increase, decrease, or change in the amount, nature, type or purpose of any of, or any release, surrender, exchange, compromise or
settlement of any of the Guarantied Obligations (whether or not contemplated by the Loan Documents as presently constituted); any change in the time, manner, method, or place of payment or performance of, or in any other terms of, any of the
Guarantied Obligations; any execution or delivery of any additional Loan Documents; or any amendment, modification or supplement to, or renewals, extensions, refinancing or refunding of, any Loan Document or any of the Guarantied Obligations; 

  
 2 

 (c) Any failure to assert any breach of or default under any Loan Document or any of the
Guarantied Obligations; any extensions of credit in excess of the amount committed under or contemplated by the Loan Documents, or in circumstances in which any condition to such extensions of credit has not been satisfied; any other exercise or
non-exercise, or any other failure, omission, breach, default, delay, or wrongful action in connection with any exercise or non-exercise, of any right or remedy against the Borrower or any other Person under or in connection with any Loan Document
or any of the Guarantied Obligations; any refusal of payment or performance of any of the Guarantied Obligations, whether or not with any reservation of rights against any Guarantor; or any application of collections (including but not limited to
collections resulting from realization upon any direct or indirect security for the Guarantied Obligations) to other obligations, if any, not entitled to the benefits of this Guaranty, in preference to Guarantied Obligations entitled to the benefits
of this Guaranty, or if any collections are applied to Guarantied Obligations, any application to particular Guarantied Obligations; 
 (d)
Any taking, exchange, amendment, modification, waiver, supplement, termination, subordination, compromise, release, surrender, loss, or impairment of, or any failure to protect, perfect, or preserve the value of, or any enforcement of, realization
upon, or exercise of rights, or remedies under or in connection with, or any failure, omission, breach, default, delay, or wrongful action by the Administrative Agent or the Lenders, or any of them, or any other Person in connection with the
enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or, any other action or inaction by the Administrative Agent or the Lenders, or any of them, or any other Person in respect of, any direct or indirect
security for any of the Guarantied Obligations. As used in this Guaranty, “direct or indirect security” for the Guarantied Obligations, and similar phrases, includes any collateral security, guaranty, suretyship, letter of credit, capital
maintenance agreement, put option, subordination agreement, or other right or assignment of any nature providing direct or indirect assurance of payment or performance of any of the Guarantied Obligations, made by or on behalf of any Person; 

(e) Any merger, consolidation, liquidation, dissolution, winding-up, charter revocation, or forfeiture, or other change in, restructuring or
termination of the corporate structure or existence of, the Borrower or any other Person; any bankruptcy, insolvency, reorganization or similar proceeding with respect to the Borrower or any other Person; or any action taken or election made by the
Administrative Agent or the Lenders, or any of them (including but not limited to any election under Section 1111(b)(2) of the United States Bankruptcy Code), the Borrower or any other Person in connection with any such proceeding; 

(f) Any defense, setoff, or counterclaim which may at any time be available to or be asserted by the Borrower or any other Person with respect
to any Loan Document or any of the Guarantied Obligations; or any discharge by operation of law or release of the Borrower or any other Person from the performance or observance of any Loan Document or any of the Guarantied Obligations; and/or 

(g) Any other event or circumstance, whether similar or dissimilar to the foregoing, and whether known or unknown, which might otherwise
constitute a defense available to, or limit the liability of, any Guarantor, a guarantor or a surety, excepting only Payment In Full. 

  
 3 

 Each Guarantor acknowledges, consents, and agrees that new Guarantors may join in this Guaranty
pursuant to Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures] of the Credit Agreement and each Guarantor affirms that its obligations shall continue hereunder undiminished. 

4. Waivers, etc. Each of the Guarantors hereby waives any defense to or limitation on its obligations under this Guaranty arising out
of or based on any event or circumstance referred to in Section 3 hereof. Without limitation and to the fullest extent permitted by applicable Law, each Guarantor waives each of the following: 

(a) All notices, disclosures and demands of any nature which otherwise might be required from time to time to preserve intact any rights
against any Guarantor, including the following: any notice of any event or circumstance described in Section 3 hereof; any notice required by any Law, regulation or order now or hereafter in effect in any jurisdiction; any notice of nonpayment,
nonperformance, dishonor, or protest under any Loan Document or any of the Guarantied Obligations; any notice of the incurrence of any Guarantied Obligation; any notice of any default or any failure on the part of the Borrower or any other Person to
comply with any Loan Document or any of the Guarantied Obligations or any direct or indirect security for any of the Guarantied Obligations; and any notice of any information pertaining to the business, operations, condition (financial or otherwise)
or prospects of the Borrower or any other Person; 
 (b) Any right to any marshaling of assets, to the filing of any claim against the
Borrower or any other Person in the event of any bankruptcy, insolvency, reorganization or similar proceeding, or to the exercise against the Borrower or any other Person of any other right or remedy under or in connection with any Loan Document or
any of the Guarantied Obligations or any direct or indirect security for any of the Guarantied Obligations; any requirement of promptness or diligence on the part of the Administrative Agent or the Lenders, or any of them, or any other Person; any
requirement to exhaust any remedies under or in connection with, or to mitigate the damages resulting from default under, any Loan Document or any of the Guarantied Obligations or any direct or indirect security for any of the Guarantied
Obligations; any benefit of any statute of limitations; and any requirement of acceptance of this Guaranty or any other Loan Document, and any requirement that any Guarantor receive notice of any such acceptance; 

(c) Any defense or other right arising by reason of any Law now or hereafter in effect in any jurisdiction pertaining to election of remedies
(including but not limited to anti-deficiency laws, “one action” laws or the like), or by reason of any election of remedies or other action or inaction by the Administrative Agent or the Lenders, or any of them (including but not limited
to commencement or completion of any judicial proceeding or nonjudicial sale or other action in respect of collateral security for any of the Guarantied Obligations), which results in denial or impairment of the right of the Administrative Agent or
the Lenders, or any of them, to seek a deficiency against the Borrower or any other Person or which otherwise discharges or impairs any of the Guarantied Obligations; and 

(d) Any and all defenses it may now or hereafter have based on principles of suretyship, impairment of collateral, or the like. 

  
 4 

 5. Reinstatement. This Guaranty is a continuing obligation of the Guarantors and shall
remain in full force and effect notwithstanding that no Guarantied Obligations may be outstanding from time to time and notwithstanding any other event or circumstance. Upon Payment In Full, this Guaranty shall terminate; provided,
however, that this Guaranty shall continue to be effective or be reinstated, as the case may be, any time any payment of any of the Guarantied Obligations is rescinded, recouped, avoided, or must otherwise be returned or released by any
Lender or Administrative Agent upon or during the insolvency, bankruptcy, or reorganization of, or any similar proceeding affecting, the Borrower or any other Person or for any other reason whatsoever, all as though such payment had not been made
and was due and owing. 
 6. Subrogation. Each Guarantor waives and agrees it will not exercise any rights against Borrower or any
other Guarantor arising in connection with, or any Collateral securing, the Guarantied Obligations (including rights of subrogation, contribution, and the like) until the Guarantied Obligations have been indefeasibly paid in full, and all
Commitments have been terminated and all Letters of Credit have expired. If any amount shall be paid to any Guarantor by or on behalf of the Borrower or any other Guarantor by virtue of any right of subrogation, contribution, or the like, such
amount shall be deemed to have been paid to such Guarantor for the benefit of, and shall be held in trust for the benefit of, the Administrative Agent and the Lenders and shall forthwith be paid to the Administrative Agent to be credited and applied
upon the Guarantied Obligations, whether matured or unmatured, in accordance with the terms of the Credit Agreement. 
 7. No Stay.
Without limitation of any other provision of this Guaranty, if any declaration of default or acceleration or other exercise or condition to exercise of rights or remedies under or with respect to any Guarantied Obligation shall at any time be
stayed, enjoined, or prevented for any reason (including but not limited to stay or injunction resulting from the pendency against the Borrower or any other Person of a bankruptcy, insolvency, reorganization or similar proceeding), the Guarantors
agree that, for the purposes of this Guaranty and their obligations hereunder, the Guarantied Obligations shall be deemed to have been declared in default or accelerated, and such other exercise or conditions to exercise shall be deemed to have been
taken or met. 
 8. [Reserved]. 

9. Notices. Each Guarantor agrees that all notices, statements, requests, demands and other communications under this Guaranty shall be
given to such Guarantor at the address set forth on a Schedule to, or in a Guarantor Joinder and Assumption Agreement given under, the Credit Agreement and in the manner provided in Section 11.5 [Notices; Effectiveness; Electronic
Communication] of the Credit Agreement. The Administrative Agent and the Lenders may rely on any notice (whether or not made in a manner contemplated by this Guaranty) purportedly made by or on behalf of a Guarantor, and the Administrative Agent and
the Lenders shall have no duty to verify the identity or authority of the Person giving such notice. 
 10. Counterparts; Telecopy
Signatures. This Guaranty may be executed in any number of counterparts, each of which, when so executed, shall be deemed an original, but all such counterparts shall constitute but one and the same instrument. Each Guarantor

  
 5 

 
acknowledges and agrees that a telecopy transmission to Administrative Agent or any Lender of signature pages hereof purporting to be signed on behalf of any Guarantor shall constitute effective
and binding execution and delivery hereof by such Guarantor. 
 11. Setoff, Default Payments by Borrower. 

(a) In the event that at any time any obligation of the Guarantors now or hereafter existing under this Guaranty shall have become due and
payable, the Administrative Agent and the Lenders, or any of them, shall have the right from time to time, without notice to any Guarantor, to set off against and apply to such due and payable amount any obligation of any nature of any Lender or the
Administrative Agent, or any subsidiary or affiliate of any Lender or Administrative Agent, to any Guarantor, including but not limited to all deposits (whether time or demand, general or special, provisionally credited or finally credited, however
evidenced) now or hereafter maintained by any Guarantor with the Administrative Agent or any Lender. Such right shall be absolute and unconditional in all circumstances and, without limitation, shall exist whether or not the Administrative Agent or
the Lenders, or any of them, shall have given any notice or made any demand under this Guaranty or under such obligation to the Guarantor, whether such obligation to the Guarantor is absolute or contingent, matured or unmatured (it being agreed that
the Administrative Agent and the Lenders, or any of them, may deem such obligation to be then due and payable at the time of such setoff), and regardless of the existence or adequacy of any collateral, guaranty, or other direct or indirect security
or right or remedy available to the Administrative Agent or any of the Lenders. The rights of the Administrative Agent and the Lenders under this Section are in addition to such other rights and remedies (including, without limitation, other rights
of setoff and banker’s lien) which the Administrative Agent and the Lenders, or any of them, may have, and nothing in this Guaranty or in any other Loan Document shall be deemed a waiver of or restriction on the right of setoff or banker’s
lien of the Administrative Agent and the Lenders, or any of them. Each of the Guarantors hereby agrees that, to the fullest extent permitted by Law, any affiliate or subsidiary of the Administrative Agent or any of the Lenders and any holder of a
participation in any obligation of any Guarantor under this Guaranty, shall have the same rights of setoff as the Administrative Agent and the Lenders as provided in this Section (regardless whether such affiliate or participant otherwise would be
deemed a creditor of such Guarantor). 
 (b) Upon the occurrence and during the continuation of any default under any Guarantied Obligation,
if any amount shall be paid to any Guarantor by or for the account of Borrower, such amount shall be held in trust for the benefit of each Lender and Administrative Agent and shall forthwith be paid to the Administrative Agent to be credited and
applied to the Guarantied Obligations when due and payable. 
 12. Construction. The section and other headings contained in this
Guaranty are for reference purposes only and shall not affect interpretation of this Guaranty in any respect. This Guaranty has been fully negotiated between the applicable parties, each party having the benefit of legal counsel, and accordingly
neither any doctrine of construction of guaranties or suretyships in favor of the guarantor or surety, nor any doctrine of construction of ambiguities in agreements or instruments against the party controlling the drafting thereof, shall apply to
this Guaranty. 

  
 6 

 13. Successors and Assigns. This Guaranty shall be binding upon each Guarantor, its
successors and assigns, and shall inure to the benefit of and be enforceable by the Administrative Agent and the Lenders, or any of them, and their successors and permitted assigns; provided, however, that no Guarantor may assign or
transfer any of its rights or obligations hereunder or any interest herein and any such purported assignment or transfer shall be null and void. Without limitation of the foregoing, the Administrative Agent and the Lenders, or any of them (and any
successive assignee or transferee), if permitted under the Credit Agreement, from time to time may assign or otherwise transfer all or any portion of its rights or obligations under the Loan Documents (including all or any portion of any commitment
to extend credit), or any other Guarantied Obligations, to any other person pursuant to the terms of the Credit Agreement and such Guarantied Obligations (including any Guarantied Obligations resulting from extension of credit by such other Person
under or in connection with the Loan Documents) shall be and remain Guarantied Obligations entitled to the benefit of this Guaranty, and to the extent of its interest in such Guarantied Obligations such other Person shall be vested with all the
benefits in respect thereof granted to the Administrative Agent and the Lenders in this Guaranty or otherwise. 
 14. Governing Law;
Submission to Jurisdiction; Waiver of Jury Trial. 
 (a) Governing Law. This Guaranty shall be governed by, construed, and
enforced in accordance with, the internal Laws of the Commonwealth of Pennsylvania, without regard to conflict of laws principles. 
 (b)
Certain Waivers. Each Guarantor hereby irrevocably: 
 (i) Submits to the nonexclusive jurisdiction of any state or federal court
sitting in Allegheny County, Pennsylvania in any action or proceeding arising out of or relating to this Guaranty, and each Guarantor hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in
such state or federal court. Each Guarantor hereby waives to the fullest extent it may effectively do so, the defense of an inconvenient forum to the maintenance of any such action or proceeding. Each Guarantor hereby appoints the process agent
identified below (the “Process Agent”) as its agent to receive on behalf of such party and its respective property service of copies of the summons and complaint and any other process which may be served in any action or
proceeding. Such service may be made by mailing or delivering a copy of such process to the Guarantor in care of the Process Agent at the Process Agent’s address, and each Guarantor hereby authorizes and directs the Process Agent to receive
such service on its behalf. Each Guarantor agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions (or any political subdivision thereof) by suit on the judgment or in any other
manner provided at law. Each Guarantor further agrees that it shall, for so long as any commitment or any obligation of any Loan Party to any Lender remains outstanding, continue to retain Process Agent for the purposes set forth in this
Section 14. The Process Agent is II-VI Incorporated, with an office on the date hereof as set forth in the Credit Agreement. The Process Agent hereby accepts the appointment of Process Agent by the Guarantors and agrees to act as Process Agent
on behalf of the Guarantors; 

  
 7 

 (ii) Waives any objection to jurisdiction and venue of any action instituted against it as
provided herein and agrees not to assert any defense based on lack of jurisdiction or venue; and 
 (iii) WAIVES TRIAL BY JURY IN ANY
ACTION, SUIT, PROCEEDING, OR COUNTERCLAIM OF ANY KIND ARISING OUT OF OR RELATED TO THIS GUARANTY, THE CREDIT AGREEMENT, OR ANY OTHER LOAN DOCUMENT TO THE FULLEST EXTENT PERMITTED BY LAW. 

15. Severability; Modification to Conform to Law. 

(a) It is the intention of the parties that this Guaranty be enforceable to the fullest extent permissible under applicable Law, but that the
unenforceability (or modification to conform to such Law) of any provision or provisions hereof shall not render unenforceable, or impair, the remainder hereof. If any provision in this Guaranty shall be held invalid or unenforceable in whole or in
part in any jurisdiction, this Guaranty shall, as to such jurisdiction, be deemed amended to modify or delete, as necessary, the offending provision or provisions and to alter the bounds thereof in order to render it or them valid and enforceable to
the maximum extent permitted by applicable Law, without in any manner affecting the validity or enforceability of such provision or provisions in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 

(b) Without limitation of the preceding subsection (a), to the extent that applicable Law (including applicable Laws pertaining to
fraudulent conveyance or fraudulent or preferential transfer) otherwise would render the full amount of the Guarantor’s obligations hereunder invalid, voidable, or unenforceable on account of the amount of a Guarantor’s aggregate liability
under this Guaranty, then, notwithstanding any other provision of this Guaranty to the contrary, the aggregate amount of such liability shall, without any further action by the Administrative Agent or any of the Lenders or such Guarantor or any
other Person, be automatically limited and reduced to the highest amount which is valid and enforceable as determined in such action or proceeding, which (without limiting the generality of the foregoing) may be an amount which is equal to the
greater of: 
 (i) the fair consideration actually received by such Guarantor under the terms and as a result of the Loan Documents and the
value of the benefits described in this Section 15(b) hereof, including (and to the extent not inconsistent with applicable federal and state Laws affecting the enforceability of guaranties) distributions, commitments, and advances made to or
for the benefit of such Guarantor with the proceeds of any credit extended under the Loan Documents, or 
 (ii) the excess of (A) the
amount of the fair value of the assets of such Guarantor as of the date of this Guaranty as determined in accordance with applicable federal and state Laws governing determinations of the insolvency of debtors as in effect on the date hereof, over
(B) the amount of all liabilities of such Guarantor as of the date of this Guaranty, also as determined on the basis of applicable federal and state Laws governing the insolvency of debtors as in effect on the date hereof. 

  
 8 

 (c) Notwithstanding anything to the contrary in this Section or elsewhere in this Guaranty, this
Guaranty shall be presumptively valid and enforceable to its full extent in accordance with its terms, as if this Section (and references elsewhere in this Guaranty to enforceability to the fullest extent permitted by Law) were not a part of this
Guaranty, and in any related litigation the burden of proof shall be on the party asserting the invalidity or unenforceability of any provision hereof or asserting any limitation on any Guarantor’s obligations hereunder as to each element of
such assertion. 
 16. Additional Guarantors. At any time after the initial execution and delivery of this Guaranty to the
Administrative Agent and the Lenders, additional Persons may become parties to this Guaranty and thereby acquire the duties and rights of being Guarantors hereunder by executing and delivering to the Administrative Agent and the Lenders a Guarantor
Joinder pursuant to the Credit Agreement. No notice of the addition of any Guarantor shall be required to be given to any pre-existing Guarantor and each Guarantor hereby consents thereto. 

17. Joint and Several Obligations. The obligations and additional liabilities of the Guarantors under this Guaranty are joint and
several obligations of the Guarantors, and each Guarantor hereby waives to the full extent permitted by Law any defense it may otherwise have to the payment and performance of the Guarantied Obligations and that its liability hereunder is limited
and not joint and several. Each Guarantor acknowledges and agrees that the foregoing waivers and those set forth below serve as a material inducement to the agreement of the Administrative Agent and the Lenders to make the Loans, and that the
Administrative Agent and the Lenders are relying on each specific waiver and all such waivers in entering into this Guaranty. The undertakings of each Guarantor hereunder secure the obligations of itself and the other Guarantors. The Administrative
Agent and the Lenders, or any of them, may, in their sole discretion, elect to enforce this Guaranty against any Guarantor without any duty or responsibility to pursue any other Guarantor and such an election by the Administrative Agent and the
Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Guarantor. Each of the Lenders and Administrative Agent hereby reserve all rights against each
Guarantor. 
 18. Receipt of Credit Agreement; Other Loan Documents; Benefits. 

(a) Each Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and the other Loan Documents and each Guarantor
certifies that the representations and warranties made therein with respect to such Guarantor are true and correct. Further, each Guarantor acknowledges and agrees to perform, comply with, and be bound by all of the provisions of the Credit
Agreement and the other Loan Documents. 
 (b) Each Guarantor hereby acknowledges, represents, and warrants that it receives direct and
indirect benefits by virtue of its affiliation with Borrower and the other Guarantors and that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with
the rights of contribution and subrogation that may arise in connection herewith are a reasonably equivalent exchange of value in return for providing this Guaranty. 

  
 9 

 19. Miscellaneous. 

(a) Generality of Certain Terms. As used in this Guaranty, the terms “hereof”, “herein” and terms of similar import
refer to this Guaranty as a whole and not to any particular term or provision; the term “including”, as used herein, is not a term of limitation and means “including without limitation”. 

(b) Amendments, Waivers. No amendment to or waiver of any provision of this Guaranty, and no consent to any departure by any Guarantor
herefrom, shall in any event be effective unless in a writing manually signed by or on behalf of the Administrative Agent and the Lenders. Any such waiver or consent shall be effective only in the specific instance and for the specific purpose for
which given. No delay or failure of the Administrative Agent or the Lenders, or any of them, in exercising any right or remedy under this Guaranty shall operate as a waiver thereof; nor shall any single or partial exercise of any such right or
remedy preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies of the Administrative Agent and the Lenders under this Guaranty are cumulative and not exclusive of any other rights or
remedies available hereunder, under any other agreement or instrument, by Law, or otherwise. 
 (c) Telecommunications. Each Lender
and Administrative Agent shall be entitled to rely on the authority of any individual making any telecopy, electronic or telephonic notice, request, or signature without the necessity of receipt of any verification thereof. 

(d) Expenses. Each Guarantor unconditionally agrees to pay all costs and expenses, including reasonable attorney’s fees incurred
by the Administrative Agent or any of the Lenders in enforcing this Guaranty against any Guarantor and each Guarantor shall pay and indemnify each Lender and the Administrative Agent for, and hold it harmless from and against, any and all
obligations, liabilities, losses, damages, costs, expenses (including disbursements and reasonable legal fees of counsel to any Lender or the Administrative Agent), penalties, judgments, suits, actions, claims, and disbursements imposed on, asserted
against, or incurred by any Lender or the Administrative Agent (except as may result from the gross negligence or willful misconduct of any Lender or Administrative Agent): 

(i) relating to the preparation, negotiation, execution, administration, or enforcement of or collection under this Guaranty or any document,
instrument, or agreement relating to any of the Obligations, including in any bankruptcy, insolvency, or similar proceeding in any jurisdiction or political subdivision thereof; 

(ii) relating to any amendment, modification, waiver, or consent hereunder or relating to any telecopy or telephonic transmission purporting
to be by any Guarantor or Borrower; and 
 (iii) in any way relating to or arising out of this Guaranty, or any document, instrument, or
agreement relating to any of the Guarantied Obligations, or any action taken or omitted to be taken by any Lender or the Administrative Agent hereunder, and including those arising directly or indirectly from the violation or asserted violation by
any Guarantor, the Borrower, the Administrative Agent or any Lender of any Law, rule, regulation, judgment, order, 

  
 10 

 
or the like of any jurisdiction or political subdivision thereof (including those relating to environmental protection, health, labor, importing, exporting, or safety) and regardless whether
asserted by any governmental entity or any other Person. 
 (e) Prior Understandings. This Guaranty and the Credit Agreement
constitute the entire agreement of the parties hereto with respect to the subject matter hereof and supersede any and all other prior and contemporaneous understandings and agreements. 

(f) Survival. All representations and warranties of the Guarantors made in connection with this Guaranty shall survive, and shall not
be waived by, the execution and delivery of this Guaranty, any investigation by or knowledge of the Administrative Agent and the Lenders, or any of them, any extension of credit, or any other event or circumstance whatsoever. 

20. Amendment and Restatement. This Guaranty amends and restates that certain First Amended and Restated Continuing Agreement of
Guaranty and Suretyship, dated November 16, 2012, made by the Guarantors to the Administrative Agent (the “Prior Guaranty”). This Guaranty is issued in substitution for (and not in discharge of) the obligations evidenced by the
Prior Guaranty. 
 [INTENTIONALLY LEFT BLANK] 

  
 11 

 [SIGNATURE PAGE 1 OF 2 - SECOND AMENDED AND RESTATED CONTINUING AGREEMENT OF GUARANTY AND
SURETYSHIP] 
 IN WITNESS WHEREOF, the undersigned parties intending to be legally bound, have executed this Guaranty as of the date first
above written with the intention that this Guaranty shall constitute a sealed instrument. 
  

									
		 		 	GUARANTORS:	 	
			
	WITNESS:	 		 	II-VI DELAWARE, INC., a Delaware corporation; VLOC INCORPORATED, a Pennsylvania corporation; LIGHTWORKS OPTICAL SYSTEMS, INC., a California corporation; II-VI WIDE BAND GAP, INC., a
Pennsylvania corporation; MARLOW INDUSTRIES, INC., a Texas corporation; MAX LEVY AUTOGRAPH, INC., a Pennsylvania corporation; HIGHYAG LASERTECHNOLOGIE, INC., a Pennsylvania corporation; PHOTOP TECHNOLOGIES, INC., a
Delaware corporation PHOTOP AEGIS, INC., a Delaware corporation; M CUBED TECHNOLOGIES, INC., a Delaware corporation; II-VI DELAWARE HOLDINGS, INC., a Delaware corporation 
					
	  
	 		 	By:	 	  
	 	(SEAL)
	Name: Eric C. Springer, Esquire	 		 	Name:	 	Craig A. Creaturo	 	
		 		 	Title:	 	Treasurer of each of the entities listed above, other than PHOTOP TECHNOLOGIES, INC., for which he is the Secretary	 	
				
		 		 	Address:	 	
		 		 	c/o II-VI Incorporated	 	
		 		 	375 Saxonburg Blvd	 	
		 		 	Saxonburg, PA 16056	 	
		 		 	Telecopier: 724-360-5947	 	

 [SIGNATURE PAGE 2 OF 2 - SECOND AMENDED AND RESTATED CONTINUING AGREEMENT OF GUARANTY AND
SURETYSHIP] 
  

									
	Acknowledged and consented to:
		 		 	BORROWER:
			
	WITNESS:	 		 	II-VI INCORPORATED
					
	  
	 		 	By:	 	  
	 	(SEAL)
	Name: Eric C. Springer, Esquire	 		 	Name:	 	Craig A. Creaturo	 	
		 		 	Title:	 	Treasurer	 	
				
		 		 	Address:	 	
		 		 	c/o II-VI Incorporated	 	
		 		 	375 Saxonburg Blvd	 	
		 		 	Saxonburg, PA 16056	 	
		 		 	Telecopier: 724-360-5947	 	

 EXHIBIT 1.1(I) 

FORM OF 
 SECOND AMENDED
AND RESTATED 
 INTERCOMPANY SUBORDINATION AGREEMENT 

THIS SECOND AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT (as amended, restated, modified or supplemented from time to time, this
“Agreement”), is dated September 10, 2013, and is made by and among the entities listed on the signature page hereto (or subsequently joining this Agreement) (each being individually referred to herein as a
“Company” and collectively as the “Companies”). 
 WITNESSETH THAT: 

WHEREAS, each capitalized term used herein shall, unless otherwise defined herein, have the meaning specified in the Second Amended and
Restated Credit Agreement, dated of even date herewith, by and among II-VI Incorporated, a Pennsylvania corporation (the “Borrower”), the Guarantors now or hereafter party thereto, PNC Bank, National Association
(“PNC”), various other financial institutions which are now or hereafter become a party thereto (such other financial institutions are each, a “Lender” and collectively, the
“Lenders”) and PNC, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”) (as the same may be further amended, restated, modified or supplemented from time to time, the
“Credit Agreement”); and 
 WHEREAS, pursuant to the Credit Agreement and the other Loan Documents, the Lenders
intend to make Loans to the Borrower; and 
 WHEREAS, the Companies have or, in the future may have, liabilities, obligations or
indebtedness owed to each other (the liabilities, obligations and indebtedness of each of the Companies to any other Company, now existing or hereafter incurred (whether created directly or acquired by assignment or otherwise), and interest and
premiums, if any, thereon and other amounts payable in respect thereof and all other obligations and other amounts payable by any Company to any other Company are hereinafter collectively referred to as the “Intercompany
Indebtedness”); and 
 WHEREAS, the obligations of the Lenders to maintain the Commitments and make Loans to the Borrower from
time to time are subject to the condition, among others, that the Companies subordinate the Intercompany Indebtedness to the Obligations of the Borrower or any other Company to the Administrative Agent or the Lenders or any Affiliate of any Lender
pursuant to the Credit Agreement or the other Loan Documents or any Lender Provided Interest Rate Hedge, [Lender Provided Foreign Currency Hedge] or any Other Lender Provided Financial Service Product (collectively, the “Senior
Debt”) in the manner set forth herein. 
 NOW, THEREFORE, intending to be legally bound hereby, the parties hereto covenant and
agree as follows: 
 1. Intercompany Indebtedness Subordinated to Senior Debt. The recitals set forth above are hereby incorporated
by reference. All Intercompany Indebtedness shall be subordinate and subject in right of payment until receipt by the Administrative Agent and the Lenders of Payment In Full. 

 2. Payment Over of Proceeds Upon Dissolution, Etc. Upon any distribution of assets of any
Company in the event of (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding in connection therewith, relative to any such Company or to its creditors, as
such, or to its assets, or (b) any liquidation, dissolution or other winding up of any such Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors
or any marshaling of assets and liabilities of any such Company (a Company distributing assets as set forth herein being referred to in such capacity as a “Distributing Company”), then and in any such event, the
Administrative Agent shall be entitled to receive, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, Payment In Full of all amounts due or to become due (whether or not an Event of Default has
occurred under the terms of the Loan Documents or the Senior Debt has been declared due and payable prior to the date on which it would otherwise have become due and payable) on or in respect of any and all Senior Debt before the holder of any
Intercompany Indebtedness owed by the Distributing Company is entitled to receive any payment on account of the principal of or interest on such Intercompany Indebtedness, and to that end, the Administrative Agent shall be entitled to receive, for
application to the payment of the Senior Debt, any payment or distribution of any kind or character, whether in cash, property or securities, which may be payable or deliverable in respect of the Intercompany Indebtedness owed by the Distributing
Company in any such case, proceeding, dissolution, liquidation or other winding up event. 
 3. No Commencement of Any Proceeding.
Each Company agrees that, so long as the Senior Debt shall remain unpaid, it will not commence, or join with any creditor other than the Lenders and the Administrative Agent in commencing any proceeding referred to in Section 2 hereof against
any other Company that owes it any Intercompany Indebtedness. 
 4. Prior Payment of Senior Debt Upon Acceleration of Intercompany
Indebtedness. If any portion of the Intercompany Indebtedness owed by any Company becomes or is declared due and payable before its stated maturity, then and in such event the Administrative Agent and the Lenders shall be entitled to receive
Payment In Full of all amounts due and to become due on or in respect of the Senior Debt (whether or not an Event of Default has occurred under the terms of the Loan Documents or the Senior Debt has been declared due and payable prior to the date on
which it would otherwise have become due and payable) before the holder of any such Intercompany Indebtedness is entitled to receive any payment thereon. 

5. No Payment When Senior Debt in Default. If any Event of Default shall have occurred and be continuing, or such an Event of Default
or Potential Default would result from or exist after giving effect to a payment with respect to any portion of the Intercompany Indebtedness, unless the Lenders or Required Lenders, as applicable, shall have consented to or waived the same, so long
as any of the Senior Debt shall remain outstanding, no payment shall be made by any Company owing such Intercompany Indebtedness on account of principal or interest on any portion of the Intercompany Indebtedness. 

  
 2 

 6. Payment Permitted if No Default. Nothing contained in this Agreement shall prevent any
of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5 hereof, from making regularly scheduled payments of principal of or interest on any portion of the Intercompany Indebtedness, or
the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Intercompany Indebtedness. 

7. Receipt of Prohibited Payments. If, notwithstanding the foregoing provisions of Sections 2, 4, 5 and 6 hereof, a Company that is
owed Intercompany Indebtedness by a Distributing Company shall have received any payment or distribution of assets from the Distributing Company of any kind or character, whether in cash, property or securities, then and in such event such payment
or distribution shall be held in trust for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, shall be segregated from other funds and property held by such Company, and shall be forthwith paid over to
the Administrative Agent in the same form as so received (with any necessary endorsement) to be applied (in the case of cash) to or held as collateral (in the case of noncash property or securities) for the payment or prepayment of the Senior Debt
in accordance with the terms of the Credit Agreement. 
 8. Rights of Subrogation. Each Company agrees that no payment or
distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Full of the Senior Debt. 

9. Instruments Evidencing Intercompany Indebtedness. Each Company shall cause each instrument which now or hereafter evidences all or a
portion of the Intercompany Indebtedness to be conspicuously marked as follows: 
 “This instrument is subject to the
terms of that certain Intercompany Subordination Agreement dated September     , 2013 in favor of PNC Bank, National Association, as administrative agent for the Lenders referred to therein, which Intercompany Subordination
Agreement is incorporated herein by reference. Notwithstanding any contrary statement contained in the within instrument, no payment on account of the principal thereof or interest thereon shall become due or payable except in accordance with the
express terms of the Intercompany Subordination Agreement.” 
 Each Company will further mark its internal records in such a manner as shall be
effective to give proper notice to the effect of this Agreement. 
 10. Agreement Solely to Define Relative Rights. The purpose of
this Agreement is solely to define the relative rights of the Companies, on the one hand, and the Administrative Agent and the Lenders, on the other hand. Nothing contained in this Agreement is intended to or shall impair, as between any of the
Companies and their creditors other than the Administrative Agent and the Lenders, the obligation of the Companies to each other to pay the principal of and 

  
 3 

 
interest on the Intercompany Indebtedness as and when the same shall become due and payable in accordance with its terms, or is intended to or shall affect the relative rights among the Companies
and their creditors other than the Administrative Agent and the Lenders, nor shall anything herein prevent any of the Companies from exercising all remedies otherwise permitted by applicable Law upon default under any agreement pursuant to which the
Intercompany Indebtedness is created, subject to the rights, if any, under this Agreement of the Administrative Agent and the Lenders to receive cash, property or securities otherwise payable or deliverable with respect to the Intercompany
Indebtedness. 
 11. No Implied Waivers of Subordination. No right of the Administrative Agent or any Lender to enforce
subordination, as herein provided, shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Company or by any act or failure to act by the Administrative Agent or any Lender, or by any non-compliance by
any Company with the terms, provisions and covenants of any agreement pursuant to which the Intercompany Indebtedness is created, regardless of any knowledge thereof with which the Administrative Agent or any Lender may have or be otherwise charged.
Each Company by its acceptance hereof shall agree that, so long as there is Senior Debt outstanding or Commitments in effect under the Credit Agreement, such Company shall not agree to sell, assign, pledge, encumber or otherwise dispose of, or agree
to compromise, the obligations of the other Companies with respect to their Intercompany Indebtedness, other than by means of payment of such Intercompany Indebtedness according to its terms, without the prior written consent of the Administrative
Agent. 
 Without in any way limiting the generality of the foregoing paragraph, the Administrative Agent or any of the Lenders may, at any
time and from time to time, without the consent of or notice to the Companies, without incurring responsibility to the Companies and without impairing or releasing the subordination provided in this Agreement or the obligations hereunder of the
Companies to the Administrative Agent and the Lenders, do any one or more of the following in accordance with the terms of the Credit Agreement: (i) change the manner, place or terms of payment, or extend the time of payment, renew or alter the
Senior Debt or otherwise amend or supplement the Senior Debt or the Loan Documents; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing the Senior Debt; (iii) release any Person liable
in any manner for the payment or collection of the Senior Debt; and (iv) exercise or refrain from exercising any rights against any of the Companies and any other Person. 

12. Additional Subsidiaries. The Companies covenant and agree that they shall cause Subsidiaries created or acquired after the date of
this Agreement, and any other Subsidiaries required to join this Agreement pursuant to Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures] or otherwise under the Credit Agreement, to execute a Guarantor Joinder in substantially the
form of Exhibit 1.1(G)(1) to the Credit Agreement, whereby such Subsidiary joins this Agreement and subordinates all Indebtedness owed to any such Subsidiary by any of the Companies or other Subsidiaries hereafter created or acquired to the
Senior Debt. 
 13. Continuing Force and Effect. This Agreement shall continue in force for so long as any portion of the Senior Debt
remains unpaid and any Commitments or Letters of Credit under the Credit Agreement remain outstanding, it being contemplated that this Agreement be of a continuing nature. 

  
 4 

 14. Modification, Amendments or Waivers. Any and all agreements amending or changing any
provision of this Agreement or the rights of the Administrative Agent or the Lenders hereunder, and any and all waivers or consents to Events of Default or other departures from the due performance of the Companies hereunder, shall be made only by
written agreement, waiver or consent signed by the Administrative Agent, acting on behalf of all the Lenders, with the written consent of the Required Lenders, any such agreement, waiver or consent made with such written consent being effective to
bind all the Lenders. 
 15. Expenses. The Companies unconditionally and jointly and severally agree upon demand to pay to the
Administrative Agent and the Lenders the amount of any and all out-of-pocket costs, expenses and disbursements, including reasonable fees and expenses of counsel (including allocated costs of staff counsel) for which reimbursement is customarily
obtained, which the Administrative Agent or any of the Lenders may incur in connection with (a) the administration of this Agreement, (b) the exercise or enforcement of any of the rights of the Administrative Agent or the Lenders
hereunder, or (c) the failure by the Companies to perform or observe any of the provisions hereof. 
 16. Severability. The
provisions of this Agreement are intended to be severable. If any provision of this Agreement shall be held invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent
of such invalidity or unenforceability without in any manner affecting the validity or enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 

17. Governing Law. This Agreement shall be a contract under the internal Laws of the Commonwealth of Pennsylvania and for all purposes
shall be construed in accordance with the internal Laws of the Commonwealth of Pennsylvania without giving effect to its principles of conflict of laws. 

18. Successors and Assigns. This Agreement shall inure to the benefit of the Administrative Agent and the Lenders and their respective
successors and assigns and the obligations of the Companies shall be binding upon their respective successors and permitted assigns, provided that no Company may assign or transfer its rights or obligations hereunder or any interest herein and any
such purported assignment or transfer shall be null and void. The duties and obligations of the Companies may not be delegated or transferred by the Companies without the written consent of the Required Lenders and any such delegation or transfer
without such consent shall be null and void. Except to the extent otherwise required by the context of this Agreement, the word “Lenders” when used herein shall include, without limitation, any holder of a Note or an assignment of rights
therein originally issued to a Lender under the Credit Agreement, and each such holder of a Note or assignment shall have the benefits of this Agreement to the same extent as if such holder had originally been a Lender under the Credit Agreement.

 19. Joint and Several Obligations. Each of the obligations of each and every Company under this Agreement are joint and several.
The Administrative Agent and the 

  
 5 

 
Lenders, or any of them, may, in their sole discretion, elect to enforce this Agreement against any Company without any duty or responsibility to pursue any other Company and such an election by
the Administrative Agent and the Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Company. Each of the Lenders and Administrative Agent hereby
reserve all right against each Company. 
 20. Counterparts. This Agreement may be executed in any number of counterparts and by the
different parties hereto on separate counterparts, each of which, when executed and delivered, shall be deemed an original, but all such counterparts shall constitute but one and the same instrument. Each Company acknowledges and agrees that a
telecopy or electronic transmission to the Administrative Agent or any Lender of the signature page hereof purporting to be signed on behalf of such Company shall constitute effective and binding execution and delivery hereof by such Company. 

21. Attorneys-in-Fact. Each of the Companies hereby authorizes and empowers the Administrative Agent, at its election and in the name
of either itself, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, or in the name of each such Company as is owed Intercompany Indebtedness, to execute and file proofs and documents and take any
other action the Administrative Agent may deem advisable to completely protect the Administrative Agent’s and the Lenders’ interests in the Intercompany Indebtedness and their right of enforcement thereof, and to that end each of the
Companies hereby irrevocably makes, constitutes and appoints the Administrative Agent, its officers, employees and agents, or any of them, with full power of substitution, as the true and lawful attorney-in-fact and agent of such Company, and with
full power for such Company, and in the name, place and stead of such Company for the purpose of carrying out the provisions of this Agreement, and taking any action and executing, delivering, filing and recording any instruments that the
Administrative Agent may deem necessary or advisable to accomplish the purposes hereof, which power of attorney, being given for security, is coupled with an interest and is irrevocable. Each Company hereby ratifies and confirms, and agrees to
ratify and confirm, all action taken by the Administrative Agent, its officers, employees or agents pursuant to the foregoing power of attorney. 

22. Application of Payments. In the event any payments are received by the Administrative Agent under the terms of this Agreement for
application to the Senior Debt at any time when the Senior Debt has not been declared due and payable and prior to the date on which it would otherwise become due and payable, such payment shall constitute a voluntary prepayment of the Senior Debt
for all purposes under the Credit Agreement. 
 23. Remedies. In the event of a breach by any of the Companies in the performance of
any of the terms of this Agreement, the Administrative Agent, on behalf of the Lenders, may demand specific performance of this Agreement and seek injunctive relief and may exercise any other remedy available at law or in equity, it being recognized
that the remedies of the Administrative Agent on behalf of the Lenders at law may not fully compensate the Administrative Agent on behalf of the Lenders for the damages they may suffer in the event of a breach hereof. 

  
 6 

 24. Consent to Jurisdiction. Each Company hereby irrevocably submits to the nonexclusive
jurisdiction of any Pennsylvania state or federal court sitting in Allegheny County, Pennsylvania in any action or proceeding arising out of or relating to this Agreement, and each Company hereby irrevocably agrees that all claims in respect of such
action or proceeding may be heard and determined in such Pennsylvania state or federal court. Each Company hereby waives to the fullest extent it may effectively do so, the defense of an inconvenient forum to the maintenance of any such action or
proceeding. Each Company hereby appoints the process agent identified below (the “Process Agent”) as its agent to receive on behalf of such party and its respective property service of copies of the summons and complaint and
any other process which may be served in any action or proceeding. Such service may be made by mailing or delivering a copy of such process to the Company in care of the Process Agent at the Process Agent’s address, and each Company hereby
authorizes and directs the Process Agent to receive such service on its behalf. Each Company agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions (or any political subdivision
thereof) by suit on the judgment or in any other manner provided at law. Each Company further agrees that it shall, for so long as any commitment or any obligation of any Loan Party to any Lender remains outstanding, continue to retain Process Agent
for the purposes set forth in this Section 24. The Process Agent is the Borrower, with an office on the date hereof as set forth in the Credit Agreement. The Process Agent hereby accepts the appointment of Process Agent by the Companies and
agrees to act as Process Agent on behalf of the Companies. 
 25. Waiver of Jury Trial. EACH COMPANY HEREBY WAIVES TRIAL BY A JURY IN
ANY ACTION, SUIT, PROCEEDING OR COUNTERCLAIM OF ANY KIND ARISING OUT OF THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE COLLATERAL TO THE FULLEST EXTENT PERMITTED BY LAW. 

26. Notices. All notices, statements, requests and demands and other communications given to or made upon the Companies, the
Administrative Agent or the Lenders in accordance with the provisions of this Agreement shall be given or made as provided in Section 11.5 [Notices; Effectiveness; Electronic Communication] of the Credit Agreement. 

27. Rules of Construction. The rules of construction set forth in Section 1.2 [Construction] of the Credit Agreement shall apply
to this Agreement. 
 28. Amendment and Restatement. This Agreement amends and restates that certain Intercompany Subordination
Agreement, dated November 16, 2012, made by the Companies for the benefit of the Administrative Agent (the “Prior Agreement”). This Agreement is issued in substitution for (and not in discharge of) the obligations evidenced by
the Prior Agreement. 
 [INTENTIONALLY LEFT BLANK] 

  
 7 

 [SIGNATURE PAGE 1 OF 1 - SECOND AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT] 

WITNESS the due execution hereof, with the intention to be legally bound, as of the day and year first above written as a document under seal.

  

									
	BORROWER:	 	
			
	WITNESS:	 		 	II-VI INCORPORATED,
		 		 	a Pennsylvania corporation
					
	  
	 		 	By:	 	  
	 	(SEAL)
	Name: Eric C. Springer, Esquire	 		 	Name:	 	Craig A. Creaturo	 	
		 		 	Title:	 	Chief Financial Officer and Treasurer	 	
	
	GUARANTORS:
			
	WITNESS:	 		 	II-VI DELAWARE, INC., a Delaware corporation; VLOC INCORPORATED, a Pennsylvania corporation; LIGHTWORKS OPTICAL SYSTEMS, INC., a California corporation; II-VI WIDE BAND GAP, INC., a
Pennsylvania corporation; MARLOW INDUSTRIES, INC., a Texas corporation; MAX LEVY AUTOGRAPH, INC., a Pennsylvania corporation; HIGHYAG LASERTECHNOLOGIE, INC., a Pennsylvania corporation; PHOTOP TECHNOLOGIES, INC., a
Delaware corporation PHOTOP AEGIS, INC., a Delaware corporation; M CUBED TECHNOLOGIES, INC., a Delaware corporation; II-VI DELAWARE HOLDINGS, INC., a Delaware corporation
					
	  
	 		 	By:	 	  
	 	(SEAL)
	Name: Eric C. Springer, Esquire	 		 	Name:	 	Craig A. Creaturo	 	
		 		 	Title:	 	Treasurer of each of the entities listed above, other than PHOTOP TECHNOLOGIES, INC. for which he is the Secretary	 	

 EXHIBIT 1.1(N)(1) 

FORM OF 
 REVOLVING
CREDIT NOTE 
  

			
	$                    	  	                         , 20    

 FOR VALUE RECEIVED, the undersigned, II-VI Incorporated, a Pennsylvania corporation (the
“Borrower”), hereby unconditionally promises to pay to the order of                      (the “Lender”), the lesser
of (i) the principal sum of                      Dollars (US$            ), or
(ii) the aggregate unpaid principal balance of all Revolving Credit Loans made by the Lender to the Borrower pursuant to Section 2.5.4 [Repayment of Revolving Credit Loans] of the Second Amended and Restated Credit Agreement, dated as of
September 10, 2013, among the Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto and PNC Bank, National Association, as administrative agent, (hereinafter referred to in such capacity as the
“Administrative Agent”) (as amended, restated, modified, or supplemented from time to time, the “Credit Agreement”), together with all outstanding interest thereon on the Expiration Date. 

The Borrower shall pay interest on the unpaid principal balance hereof from time to time outstanding from the date hereof at the rate or rates
per annum specified by the Borrower pursuant to, or as otherwise provided in, the Credit Agreement. Subject to the provisions of the Credit Agreement, interest on this Revolving Credit Note will be payable pursuant to Section 5.5 [Interest
Payment Dates] of, or as otherwise provided in, the Credit Agreement. If any payment or action to be made or taken hereunder shall be stated to be or become due on a day which is not a Business Day, such payment or action shall be made or taken on
the next following Business Day, unless otherwise provided in the Credit Agreement, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action. Upon the occurrence and during the
continuation of an Event of Default beyond the expiration of any applicable notice or cure period, and at the Administrative Agent’s discretion or upon written demand by the Required Lenders, the Borrower shall pay interest on the entire
principal amount of the then outstanding Revolving Credit Loans evidenced by this Revolving Credit Note and all other obligations due and payable to the Lender pursuant to the Credit Agreement and the other Loan Documents at a rate per annum as set
forth in Section 4.3 [Interest After Default] of the Credit Agreement. Such interest will accrue before and after any judgment has been entered. 

Subject to the provisions of the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim or other
deduction of any nature at the office of the Administrative Agent located at 500 First Avenue, Pittsburgh, Pennsylvania 15219 unless otherwise directed in writing by the Administrative Agent, in lawful money of the United States of America in
immediately available funds. 

 This Revolving Credit Note is one of the Notes referred to in, and is entitled to the benefits
of, the Credit Agreement and the other Loan Documents, including the representations, warranties, covenants, conditions, security interests, if any, and Liens, if any, contained or granted therein. The Credit Agreement among other things contains
provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments, in certain circumstances, on account of principal hereof prior to maturity upon the terms and conditions therein specified. The
Borrower waives presentment, demand, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Revolving Credit Note and the Credit Agreement. 

This Revolving Credit Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the
Lender and its successors and assigns. All references herein to the “Borrower” and the “Lender” shall be deemed to apply to the Borrower and the Lender, respectively, and their respective successors and assigns as permitted under
the Credit Agreement. 
 This Revolving Credit Note and any other documents delivered in connection herewith and the rights and obligations
of the parties hereto and thereto shall for all purposes be governed, by and construed and enforced in accordance with, the internal laws of the Commonwealth of Pennsylvania without giving effect to its conflicts of law principles. 

All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the Credit Agreement
and Section 1.2 [Construction] of the Credit Agreement shall apply to this Revolving Credit Note. 
 [SIGNATURE PAGE FOLLOWS]

  
 2 

 [SIGNATURE PAGE 1 OF 1 - REVOLVING CREDIT NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the undersigned has executed this Revolving Credit Note by its duly authorized
officer as a document under seal. 
  

					
	II-VI INCORPORATED	 	
			
	By:	 	  
	 	(SEAL)
	Name:	 	Craig A. Creaturo	 	
	Title:	 	Treasurer	 	

 EXHIBIT 1.1(N)(2) 

FORM OF 
 SWING LOAN NOTE

  

			
	$10,000,000	  	September 10, 2013

 FOR VALUE RECEIVED, the undersigned, II-VI Incorporated, a Pennsylvania corporation (the
“Borrower”), hereby unconditionally promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Swing Loan Lender”), the lesser of (i) the principal sum of Ten Million and 00/100 Dollars
(US$10,000,000), or (ii) the aggregate unpaid principal balance of all Swing Loans made by the Swing Loan Lender to the Borrower pursuant to the Second Amended and Restated Credit Agreement, dated as of September 10, 2013, among the
Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto, and the Swing Loan Lender, as administrative agent (hereinafter referred to in such capacity as the “Administrative Agent”) (as
amended, restated, modified, or supplemented from time to time, the “Credit Agreement”), payable with respect to each Swing Loan evidenced hereby on the earlier of (i) demand by the Swing Loan Lender or (ii) on the
Expiration Date. 
 The Borrower shall pay interest on the unpaid principal balance of each Swing Loan from time to time outstanding from
the date hereof at the rate per annum and on the date(s) provided in the Credit Agreement. Subject to the provisions of the Credit Agreement, interest on this Swing Loan Note will be payable pursuant to Section 5.5 [Interest Payment Dates] of,
or as otherwise provided in, the Credit Agreement. If any payment or action to be made or taken hereunder shall be stated to be or become due on a day which is not a Business Day, such payment or action shall be made or taken on the next following
Business Day, unless otherwise provided in the Credit Agreement, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action. Upon the occurrence and during the continuation of an
Event of Default beyond the expiration of any applicable notice or cure period, and at the Administrative Agent’s discretion or upon written demand by the Required Lenders, the Borrower shall pay interest on the entire principal amount of the
then outstanding Swing Loans evidenced by this Swing Loan Note at a rate per annum as set forth in Section 4.3 [Interest After Default] of the Credit Agreement. Such interest will accrue before and after any judgment has been entered. 

Subject to the provisions of the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim or other
deduction of any nature at the office of the Administrative Agent located at 500 First Avenue, Pittsburgh, Pennsylvania 15219, unless otherwise directed in writing by the holder hereof, in lawful money of the United States of America in immediately
available funds. 
 This Swing Loan Note is one of the Notes referred to in, and is entitled to the benefits of, the Credit Agreement and
the other Loan Documents, including the representations, warranties, covenants, conditions, security interests, if any, and Liens, if any, contained or granted therein. 

 
The Credit Agreement among other things contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments, in certain circumstances,
on account of principal hereof prior to maturity upon the terms and conditions therein specified. The Borrower waives presentment, demand, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance,
default or enforcement of this Swing Loan Note and the Credit Agreement. 
 The Borrower acknowledges and agrees that the Swing Loan Lender
may at any time and in its sole discretion demand payment of all amounts outstanding under this Swing Loan Note without prior notice to the Borrower. 

This Swing Loan Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the Swing
Loan Lender and its successors and assigns. All references herein to the “Borrower” and the “Swing Loan Lender” shall be deemed to apply to the Borrower and the Swing Loan Lender, respectively, and their respective successors and
assigns as permitted under the Credit Agreement. 
 This Swing Loan Note and any other documents delivered in connection herewith and the
rights and obligations of the parties hereto and thereto shall for all purposes be governed, by and construed and enforced in accordance with, the internal laws of the Commonwealth of Pennsylvania without giving effect to its conflicts of law
principles. 
 All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the
Credit Agreement and Section 1.2 [Construction] of the Credit Agreement shall apply to this Swing Loan Note. 
 [SIGNATURE PAGE
FOLLOWS] 

  
 2 

 [SIGNATURE PAGE 1 OF 1 - SWING LOAN NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the undersigned has executed this Swing Loan Note by its duly authorized
officers as a document under seal. 
  

					
	II-VI INCORPORATED	 	
			
	By:	 	  
	 	(SEAL)
	Name:	 	Craig A. Creaturo	 	
	Title:	 	Treasurer	 	

 EXHIBIT 1.1(N)(3) 

FORM OF 
 TERM NOTE

  

					
	$                    	  	 	Pittsburgh, Pennsylvania	  
		  	 	                         , 20    	  

 FOR VALUE RECEIVED, the undersigned, II-VI Incorporated, a Pennsylvania corporation (herein called the
“Borrower”), hereby unconditionally promises to pay to the order of                      (the “Lender”) the
principal sum of              Dollars (US$            ), pursuant to Section 3.1 [Term Loan Commitments] of the Second
Amended and Restated Credit Agreement dated as of September 10, 2013, among the Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto, and PNC Bank, National Association, as administrative agent
(hereinafter referred to in such capacity as the “Administrative Agent”), (as amended, restated, modified or supplemented, from time to time, the “Credit Agreement”), payable to the Lender as follows: quarterly
installments of principal in the amounts set forth in Section 3.2 [Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms] of the Credit Agreement. 

The Borrower shall pay interest on the unpaid principal balance hereof from time to time outstanding from the date hereof at the rate or rates
per annum specified by the Borrower pursuant to, or as otherwise provided in, the Credit Agreement. Subject to the provisions of the Credit Agreement, interest on this Term Note will be payable pursuant to Section 5.5 [Interest Payment Dates]
of, or as otherwise provided in, the Credit Agreement. If any payment or action to be made or taken hereunder shall be stated to be or become due on a day which is not a Business Day, such payment or action shall be made or taken on the next
following Business Day, unless otherwise provided in the Credit Agreement, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action. Upon the occurrence and during the continuation
of an Event of Default beyond the expiration of any applicable notice or cure period, and at the Administrative Agent’s discretion or upon written demand by the Required Lenders, the Borrower shall pay interest on the entire principal amount of
the then outstanding Term Loans evidenced by this Term Note and all other obligations due and payable to the Lender pursuant to the Credit Agreement and the other Loan Documents at a rate per annum as set forth in Section 4.3 [Interest After
Default] of the Credit Agreement. Such interest will accrue before and after any judgment has been entered. 
 Subject to the provisions of
the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim or other deduction of any nature at the office of the Administrative Agent located at 500 First Avenue, Pittsburgh, Pennsylvania 15219 unless
otherwise directed in writing by the Administrative Agent, in lawful money of the United States of America in immediately available funds. 

This Term Note is one of the Notes referred to in, and is entitled to the benefits of, the Credit Agreement and the other Loan Documents,
including the representations, warranties, covenants, conditions, security interests, if any, and Liens, if any, contained or granted therein. The Credit Agreement, among other things, contains provisions for acceleration of the maturity

 
hereof upon the happening of certain stated events and also for prepayments, in certain circumstances, on account of principal hereof prior to maturity upon the terms and conditions therein
specified. The Borrower waives presentment, demand, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Term Note and the Credit Agreement. 

This Term Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the Lender and
its successors and assigns. All references herein to the “Borrower” and the “Lender” shall be deemed to apply to the Borrower and the Lender, respectively, and their respective successors and assigns as permitted under the Credit
Agreement. 
 This Term Note and any other documents delivered in connection herewith and the rights and obligations of the parties hereto
and thereto shall for all purposes be governed by and construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania without giving effect to its conflicts of law principles. 

All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the Credit Agreement
and Section 1.2 [Construction] of the Credit Agreement shall apply to this Term Note. 
 [SIGNATURE PAGE FOLLOWS] 

  
 2 

 [SIGNATURE PAGE - TERM NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound, the undersigned has executed this Term Note by its duly authorized officer with the
intention that it constitute a sealed instrument. 
  

			
	II-VI INCORPORATED
		
	By:	 	 (SEAL)

	Name:	 	Craig A. Creaturo
	Title:	 	Treasurer

 EXHIBIT 2.4.1 

FORM OF 
 LOAN REQUEST

  

			
	TO:	  	PNC Bank, National Association, as Administrative Agent
		  	PNC Firstside Center - 4th Floor
		  	500 First Avenue
		  	P7-PFSC-04-I
		  	Pittsburgh, PA 15219
		  	Telephone No.: (412) 762 - 6442
		  	Telecopier No.: (412) 762 - 8672
		  	Attn: Agency Services
		
	FROM:	  	II-VI INCORPORATED, a Pennsylvania corporation (the “Borrower”).
		
	RE:	  	Second Amended and Restated Credit Agreement (as it may be amended, restated, modified or supplemented, the “Credit Agreement”), dated as of September 10, 2013, by and among the Borrower, the Guarantors party
thereto, the Lenders party thereto and PNC Bank, National Association, as administrative agent for the Lenders (the “Administrative Agent”).

 Capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them by the Credit Agreement.

  

							
	A.	  	Pursuant to Section 2.4.1 [Revolving Credit Loan Requests] or Section 4.1.2 [Term Loan Interest Rate Options], as the case may be, of the Credit Agreement, the undersigned Borrower irrevocably requests [check one
line under 1.(a) and 1.(b) below, as applicable, and fill in blank space next to the line as appropriate].
				
		  	1(a)	  	  
	  	A new Revolving Credit Loan, OR
				
		  		  	  
	  	Renewal of the Euro-Rate Option applicable to an outstanding Revolving Credit Loan originally made on                      ,
20    , OR
				
		  		  	  
	  	Conversion of the Base Rate Option applicable to an outstanding Revolving Credit Loan originally made on                     ,
20     to a Loan to which the Euro-Rate Option applies, OR
				
		  		  	  
	  	Conversion of the Euro-Rate Option applicable to an outstanding Revolving Credit Loan originally made on                     ,
20     to a Loan to which the Base Rate Option applies.
				
		  	1(b)	  	  
	  	Renewal of the Euro-Rate Option applicable to an outstanding Term Loan originally made on                     ,
20    , OR

							
		  		  	  
	  	Conversion of the Base Rate Option applicable to an outstanding Term Loan originally made on                     ,
20     to a Loan to which the Euro-Rate Option applies, OR
				
		  		  	  
	  	Conversion of the Euro-Rate Option applicable to an outstanding Term Loan originally made on                     ,
20     to a Loan to which the Base Rate Option applies
	  
 SUCH NEW, RENEWED OR CONVERTED LOAN SHALL BEAR
INTEREST:
  
 [Check 2(a) or 2(b) below and fill in blank spaces in line next to
line]:

				
		  	2(a)	  	  
	  	Under the Base Rate Option. Such Loan shall have a Borrowing Date of                     , 20     (which date
shall be (i) the same Business Day of receipt by the Administrative Agent by 10:00 a.m. eastern time of this Loan Request for making a new Revolving Credit Loan to which the Base Rate Option applies, or (ii) the last day of the preceding Interest
Period if a Loan to which the Euro-Rate Option applies is being converted to a Loan to which the Base Rate Option applies).
				
		  		  		  	 OR

				
		  	  (b)	  	  
	  	 Under the Euro-Rate Option. Such Loan shall have a Borrowing Date of
                    , 20     (which date shall be four (4) Business Days, in the case of Optional Currency Loans, and three (3)
Business Days for all other Loans subsequent to the Business Day of receipt by the Administrative Agent by 10:00 a.m. eastern time of this Loan Request for making a new Revolving Credit Loan to which the Euro-Rate Option applies, renewing a Loan to
which the Euro-Rate Option applies, or converting a Loan to which the Base Rate Option applies to a Loan to which the Euro-Rate Option applies).
  

[Check 3(a) or (b) below and fill in blank spaces in line next to line]

			
		  	 3(a)
	  	 Such Loan is in Dollars, in the principal amount of U.S. $         or the principal
amount to be renewed or converted is U.S. $        
  

OR

			
		  	   (b)
	  	 Such Loan is in the following Optional Currency
                    , in the principal amount of
                    , or the principal amount of such Optional Currency to be renewed is
                    .
  

[for Revolving Credit Loans under Section 2.4.1 not to be less than $500,000 and in increments of $500,000 for each Borrowing Tranche under the Euro-Rate
Option and not less than the lesser of $500,000 or the maximum amount available for Borrowing Tranches under the Base Rate Option.]    

  
 2 

									
		  	4	  	 [Complete blank below if the Borrower is selecting the Euro-Rate Option]:

 
 Such Loan shall have an Interest Period of one, two, three, or six Month(s):

		  		  		  	  

		
	B	  	As of the date hereof and the date of making the above-requested Loan (and after giving effect thereto): all of the representations and warranties contained in Article 6 of the Credit Agreement and in the other Loan
Documents are true and correct, except for representations and warranties made as of a specified date (which were true and correct, as applicable, as of such date); no Event of Default or Potential Default has occurred and is continuing or exists
beyond the expiration of any applicable notice or cure period; the making of such Loan shall not contravene any Law applicable to the Borrower, any other Loan Party, any Subsidiary of the Borrower or of any other Loan Party or any other Guarantor,
or any Lender; and the making of such Loan shall not cause the Revolving Facility Usage to exceed the Revolving Credit Commitments.
		
	C	  	The undersigned hereby irrevocably requests [check one line below and fill in blank spaces next to the line as appropriate]:
				
		  	1	  	  
	  	Funds to be deposited into a PNC Bank bank account per our current standing instructions. Complete amount of deposit if not full loan advance amount:
                                         
                           U.S. $        .
				
		  	2	  	  
	  	 Funds to be wired per the following wire instructions:
  

U.S. $         Amount of Wire Transfer

Bank Name:
                                        

 ABA:
                                         
          
 Account Number:
                               

Account Name:
                                   

Reference:
                                         
  

				
		  	3	  	  
	  	Funds to be wired per the attached Funds Flow (multiple wire transfers).

 [SIGNATURE PAGE FOLLOWS] 

  
 3 

 [SIGNATURE PAGE 1 OF 1 TO LOAN REQUEST] 

The Borrower certifies to the Administrative Agent for the benefit of the Lenders as to the accuracy of the foregoing on
                    , 20    . 
  

					
	II-VI INCORPORATED	 	
			
	By:	 	  
	 	(SEAL)
	Name:	 	  

	Title:	 	  

 EXHIBIT 2.4.2 

FORM OF 
 SWING LOAN
REQUEST 
  

			
	TO:	  	 PNC Bank, National Association, as Administrative Agent

		  	 PNC Firstside Center - 4th Floor

		  	 500 First Avenue

		  	 P7-PFSC-04-I

		  	 Pittsburgh, PA 15219

		  	 Telephone No.: (412) 762 - 6442

		  	 Telecopier No.: (412) 762 - 8672

		  	 Attn: Agency Services

		
	FROM:	  	II-VI INCORPORATED, a Pennsylvania corporation (the “Borrower”).
		
	RE:	  	Second Amended and Restated Credit Agreement (as it may be amended, restated, modified or supplemented, the “Credit Agreement”), dated as of September 10, 2013, by and among the Borrower, the Guarantors party
thereto, the Lenders party thereto and PNC Bank, National Association, as administrative agent for the Lenders, (the “Administrative Agent”).

 Capitalized terms not otherwise defined herein shall have the respective meanings given to them by the
Agreement. 
 Pursuant to Section 2.4.2 of the Agreement, the Borrower hereby makes the following Swing Loan Request: 

 

					
	1.	  	Aggregate principal amount of such Swing Loan (may not be less than $100,000)	  	U.S. $        
			
	2.	  	 Proposed Borrowing Date
 (which date shall be
on or after the date on which the Administrative Agent receives this Swing Loan Request, with such Swing Loan Request to be received no later than 2:00 p.m. eastern time on the Borrowing Date)
	  	

			
	3.	  	As of the date hereof and the date of making the above-requested Swing Loan (and after giving effect thereto): all of the representations and warranties contained in Article 6 of the Credit Agreement and in the other Loan
Documents are true and correct, except for representations and warranties made as of a specified date (which were true and correct as applicable, as of such date); no Event of Default or Potential Default has occurred and is continuing or exists
beyond the expiration of any applicable notice or cure period; the making of such Loan shall not contravene any Law applicable to the Borrower, any other Loan Party, any Subsidiary of the Borrower or of any other Loan Party or any other Guarantor,
or any Lender; and the making of such Loan shall not exceed the Swing Loan Commitment or cause the Revolving Facility Usage to exceed the Revolving Credit Commitments.
		
	4.	  	The undersigned hereby irrevocably requests [check one line below and fill in blank spaces next to the line as appropriate]:

  

					
	A	 	  
	  	Funds to be deposited into a PNC Bank bank account per our current standing instructions. Complete amount of deposit if not full loan advance amount: U.S. $        .
			
	B	 	  
	  	 Funds to be wired per the following wire instructions:
  

U.S. $         Amount of Wire Transfer

Bank Name:
                                        

 ABA:
                                         
          
 Account Number:
                               

Account Name:
                                   

Reference:
                                         
  

			
	C	 	  
	  	Funds to be wired per the attached Funds Flow (multiple wire transfers).

 [SIGNATURE PAGE FOLLOWS] 

  
 2 

 [SIGNATURE PAGE - SWING LOAN REQUEST] 

The Borrower certifies to the Administrative Agent for the benefit of the Lenders as to the accuracy of the foregoing on
                    , 20    . 
  

					
	II-VI INCORPORATED	 	
			
	By:	 	  
	 	(SEAL)
	Name:	 	  

	Title:	 	  

 EXHIBIT 2.10 

FORM OF 
 LENDER JOINDER
AND ASSUMPTION AGREEMENT 
 THIS LENDER JOINDER AND ASSUMPTION AGREEMENT (the “Joinder”) is made as of
                , 20     (the “Effective Date”) by
                    , (the “New Lender”). 

BACKGROUND 

Reference is made to the Second Amended and Restated Credit Agreement dated as of September 10, 2013 among II-VI Incorporated, a
Pennsylvania corporation (the “Borrower”), the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto and PNC Bank, National Association, as administrative agent (the “Administrative
Agent”) (as the same has been and may hereafter be modified, supplemented, amended or restated, the “Credit Agreement”). Capitalized terms defined in the Credit Agreement are used herein as defined therein. 

AGREEMENT 
 In
consideration of the Lenders permitting the New Lender to become a Lender under the Credit Agreement, the New Lender agrees that effective as of the Effective Date it shall become, and shall be deemed to be, a Lender under the Credit Agreement and
each of the other Loan Documents and agrees that from the Effective Date and so long as the New Lender remains a party to the Credit Agreement, such New Lender shall assume the obligations of a Lender under and perform, comply with and be bound by
each of the provisions of the Credit Agreement which are stated to apply to a Lender and shall be entitled (in accordance with its Ratable Share) to the benefits, rights and remedies set forth therein and in each of the other Loan Documents. The New
Lender hereby acknowledges that it has heretofore received (i) a true and correct copy of the Credit Agreement (including any modifications thereof or supplements or waivers thereto) as in effect on the Effective Date and (ii) the executed
original of its Revolving Credit Note dated the Effective Date issued by the Borrower under the Credit Agreement in the face amount of $        . 

The Commitments and Ratable Shares of the New Lender and each of the other Lenders are as set forth on Schedule 1.1(B) to the Credit
Agreement. Schedule 1.1(B) to the Credit Agreement is being amended and restated effective as of the Effective Date hereof to read as set forth on Schedule 1.1(B) hereto. Schedule 1 hereto lists as of the date hereof the amount of
Loans under each outstanding Borrowing Tranche. Notwithstanding the foregoing on the date hereof, the Borrower shall repay all outstanding Loans to which either the Base Rate Option or the Euro-Rate Option applies and simultaneously reborrow a like
amount of Loans under each such Interest Rate Option from the Lenders (including the New Lender) according to the Ratable Shares set forth on attached Schedule 1.1(B) and shall be subject to breakage fees and other indemnities provided in
Section 5.9 [Indemnity]. 
 The New Lender is executing and delivering this Joinder as of the Effective Date and acknowledges that it
shall: (A) participate in all new Revolving Credit Loans borrowed by the Borrower on and after the Effective Date according to its Ratable Share; and (B) participate in all Letters of Credit outstanding on and after the Effective Date
according to its Ratable Share. 

 [SIGNATURE PAGE FOLLOWS] 

  
 2 

 [SIGNATURE PAGE TO LENDER 

JOINDER AND ASSUMPTION AGREEMENT] 

IN WITNESS WHEREOF, the New Lender has duly executed and delivered this Joinder as of the Effective Date. 

 

			
	[NEW LENDER]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 [ACKNOWLEDGEMENT TO LENDER JOINDER AND ASSUMPTION AGREEMENT] 

 

					
	ACKNOWLEDGED:
	
	 PNC BANK, NATIONAL ASSOCIATION,

as Administrative Agent

		
	By:	 	  

	Name:	 	  

	Title:	 	  

		
	BORROWER:	 	
		
	II-VI INCORPORATED	 	
			
	By:	 	  
	 	(SEAL)
	Name:	 	  

	Title:	 	  

 SCHEDULE 1.1(B) 

COMMITMENTS OF LENDERS 

 SCHEDULE 1 

OUTSTANDING TRANCHES 

 EXHIBIT 8.2.6 

FORM OF 
 ACQUISITION
COMPLIANCE CERTIFICATE 
 PNC Bank, National Association, as Administrative Agent 

225 Fifth Avenue 
 Pittsburgh, PA 15222 

Ladies and Gentlemen: 
 I refer to the Second
Amended and Restated Credit Agreement dated as of September 10, 2013 (as may be further amended, restated, modified or supplemented from time to time, the “Credit Agreement”) between II-VI Incorporated (the
“Borrower”), the Lenders party thereto, the Guarantors party thereto and PNC Bank, National Association, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Unless otherwise
defined herein, terms defined in the Credit Agreement are used herein with the same meanings. 
 On behalf of the Borrower, I hereby
advise you that pursuant to Section 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions] of the Credit Agreement, the Borrower is undertaking a “Permitted Acquisition” as defined in the Credit Agreement. The Borrower is
acquiring (insert description of acquisition transaction, including identity of acquired entity, purchase price, amount of funds borrowed under Credit Agreement to fund purchase price, etc.). Such Acquisition is referred to herein as the
“Proposed Acquisition”. 
 I,
                    , the [Chief Executive Officer/President/Chief Financial Officer] of the Borrower, do hereby certify in my capacity as
[Chief Executive Officer/President/Chief Financial Officer], as of the quarter ended                 , 20     (the “Report
Date”), as follows (each calculation determined in accordance with GAAP): 
  

	 	1.	The Consideration in connection with the Proposed Acquisition is (select one) 

  

	 	a.	 ̈ - less than or equal to $20,000,000 (go to Section 4 of this certificate) or 

 

	 	b.	 ̈ - greater than $20,000,000 (complete Sections 2 and 3 of this certificate). 

 

	 	2.	After giving effect to the Proposed Acquisition, all of the representations and warranties contained in Article 6 of the Credit Agreement and in the other Loan Documents are true on and as of the date hereof with
the same effect as though such representations and warranties had been made on the date hereof (except representations and warranties which expressly relate solely to an earlier date or time, which representations and warranties shall be true and
correct on and as of the specific dates or times referred to therein). 

  

	 	3.	After giving effect to the Proposed Acquisition, the Borrower is in compliance with the covenants contained in Article 8 (including in such computation Indebtedness or other liabilities assumed or incurred in
connection with such Proposed Acquisition but excluding income earned or expenses incurred by the Person, business or assets to be acquired prior to the date of such Proposed Acquisition). 

	 	a.	Pro Forma Maximum Consolidated Leverage Ratio. The Consolidated Leverage ratio determined on a pro forma basis as provided in Section 8.2.6(2)(v) of the Credit Agreement (the ratio of (A) Consolidated
Total Indebtedness to (B) Adjusted Consolidated EBITDA (as calculated below) is              to 1.00, which does not exceed 3.00 to 1.00, the maximum permitted ratio as set forth in
Section 8.2.17 [Maximum Consolidated Leverage Ratio] of the Credit Agreement. 

  

	 	i.	Pro Forma Consolidated Total Indebtedness, which is defined as any and all indebtedness, obligations or liabilities (whether matured or unmatured, liquidated or unliquidated, direct or indirect, absolute or contingent,
or joint or several) of the Borrower and its Subsidiaries (including Indebtedness incurred or assumed in conjunction with the Proposed Acquisition); provided, however that Consolidated Total Indebtedness shall exclude net obligations under a Hedge
Agreement (exclusive of any mark to market adjustment not requiring any actual cash payment or settlement) for or in respect of: 

  

					
	1.	 	borrowed money	  	$            
			
	2.	 	amounts raised under or liabilities in respect of any note purchase or acceptance credit facility	  	$
			
	3.	 	reimbursement obligations (contingent or otherwise) under any letter of credit or Hedge Agreement: (A) in the case of a Hedge Agreement that has been closed out, in an amount equal to the termination value thereof and
(B) in the case of a Hedge Agreement that has not been closed out, in an amount equal to the mark to market value thereof determined on the basis of readily available quotations provided by any recognized dealer in such Hedge Agreements	  	$
			
	4.	 	any other transaction (including forward sale or purchase agreements, capitalized leases and conditional sales agreements) having the commercial effect of a borrowing of money entered into by such Person to finance its operations
or capital requirements (but not including trade payables and accrued expenses incurred in the ordinary course of business which are not represented by a promissory note or other evidence of indebtedness and which are not more than thirty
(30) days past due)	  	$

  
 2 

					
			
	5.	 	any Guaranty of Indebtedness for borrowed money	  	$            
			
	6.	 	sum of items 1 through 5 of this subsection i equals Consolidated Total Indebtedness	  	$

  

	 	ii.	Pro Forma Consolidated EBITDA of the Borrower and its Subsidiaries (not including the Proposed Acquisition) is calculated as follows: 

 

					
	1	 	consolidated net income (or net loss) for such period as determined in accordance with GAAP	  	$            
			
	2.	 	consolidated interest expense	  	$
			
	3.	 	total income tax expense	  	$
			
	4.	 	consolidated amortization and depreciation expense	  	$
			
	5.	 	any extraordinary or non-recurring losses	  	$
			
	6.	 	sum of items 1 through 5 of this subsection ii	  	$
			
	7.	 	any extraordinary or non-recurring gains	  	$
			
	8.	 	Consolidated EBITDA shall be adjusted to the extent that the computation of Consolidated EBITDA includes a gain or loss with respect to Hedge Agreements as follows: Consolidated EBITDA shall be (A) increased by any non-cash
items of loss arising from such Hedge Agreement, in each case, net of any actual cash payments related to the items giving rise to the loss and (B) decreased by any non-cash items of gain arising from such Hedge Agreement, in each case, net of
any actual cash payments related to items giving rise to the gain	  	$
			
	9.	 	item 6 minus item 7, plus or minus, as the case may be, item 8 each of this subsection ii equals Consolidated EBITDA	  	$

  

	 	iii.	Pro Forma Adjusted Consolidated EBITDA is computed as follows: 

  

					
	1.	 	Consolidated EBITDA (from item 3.a.ii.9. above)	  	$            
			
	2.	 	Adjusted Consolidated EBITDA shall be calculated on a pro forma basis, using historical numbers, in accordance with GAAP as if the Proposed Acquisition had been consummated at the beginning of such period (as set forth in detail
on the attached Exhibit A)	  	$
			
	3.	 	sum of items 1 plus 2 of this subsection iii equals Adjusted Consolidated EBITDA	  	$

  
 3 

	 	b.	Pro Forma Minimum Consolidated Interest Coverage Ratio. The Consolidated Interest Coverage Ratio determined on a pro forma basis as provided in Section 8.2.6(2)(v) of the Credit Agreement (the ratio of
(A) Consolidated EBITDA to (B) Consolidated interest expense, as calculated below) is              to 1.00, which is not less than 4.00 to 1.00, the minimum required ratio as set
forth in Section 8.2.18 [Minimum Consolidated Interest Coverage Ratio] of the Credit Agreement. 

  

	 	i.	Pro Forma Consolidated EBITDA of the Borrower and its Subsidiaries (not including the Proposed Acquisition) is $         (from item 3.a.ii.9. above). 

 

	 	ii.	Pro Forma consolidated interest expense of the Borrower and its Subsidiaries (not including the Proposed Acquisition) is $        . 

 

	 	4.	Attached as Exhibit B is a true and correct copy of the (insert description of acquisition agreement.) 

  

	 	5.	As of the date hereof, the Borrower and the other Loan Parties have performed and complied with all covenants and conditions of the Credit Agreement; no Event of Default or Potential Default exists and is continuing.

  

	 	6.	The Proposed Acquisition meets each of the requirements of Section 8.2.6 [Liquidations, Mergers, Consolidations, Acquisitions] of the Credit Agreement. 

[INTENTIONALLY LEFT BLANK] 

  
 4 

 IN WITNESS WHEREOF, the undersigned has executed this Certificate this     
day of                 , 20    . 
  

					
	II-VI INCORPORATED
			
	By:	 	  
	 	(SEAL)
	Name:	 	  
	 	
	Title:	 	  
	 	

 EXHIBIT A 

CALCULATION OF PRO FORMA EBITDA 

[see attached] 

 EXHIBIT B 

ACQUISITION AGREEMENT 
 [see
attached] 

 EXHIBIT 8.3.3 

FORM OF 
 QUARTERLY
COMPLIANCE CERTIFICATE 
 PNC Bank, National Association, as Administrative Agent 

225 Fifth Avenue 
 Pittsburgh, PA 15222 

Ladies and Gentlemen: 
 I refer to the Second
Amended and Restated Credit Agreement dated as of September 10, 2013 (as may be further amended, restated, modified or supplemented from time to time, the “Credit Agreement”) between II-VI Incorporated (the
“Borrower”), the Lenders party thereto, the Guarantors party thereto and PNC Bank, National Association, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Unless otherwise
defined herein, terms defined in the Credit Agreement are used herein with the same meanings. 
 I,
                                , the [Chief Executive Officer/President/Chief
Financial Officer] of the Borrower, do hereby certify in my capacity as [Chief Executive Officer/President/Chief Financial Officer], as of the quarter ended             ,
20     (the “Report Date”), as follows (each calculation determined in accordance with GAAP): 
  

	 	a.	Maximum Consolidated Leverage Ratio. The Consolidated Leverage ratio determined as provided in Section 8.2.17 [Maximum Consolidated Leverage Ratio] of the Credit Agreement (the ratio of (A) Consolidated
Total Indebtedness to (B) Adjusted Consolidated EBITDA (as calculated below) is              to 1.00, which does not exceed 3.00 to 1.00, the maximum permitted ratio as set forth in
Section 8.2.17 [Maximum Consolidated Leverage Ratio] of the Credit Agreement. 

  

	 	i.	Consolidated Total Indebtedness, which is defined as any and all indebtedness, obligations or liabilities (whether matured or unmatured, liquidated or unliquidated, direct or indirect, absolute or contingent, or joint
or several) of the Borrower and its Subsidiaries; provided, however that Consolidated Total Indebtedness shall exclude net obligations under a Hedge Agreement (exclusive of any mark to market adjustment not requiring any actual cash payment or
settlement) for or in respect of: 

  

							
	 1.      
	  	borrowed money	  	$	            	  
		  		  	  
	  
	 
			
	 2.      
	  	amounts raised under or liabilities in respect of any note purchase or acceptance credit facility	  	$	            	  
		  		  	  
	  
	 

							
	 3.      
	  	reimbursement obligations (contingent or otherwise) under any letter of credit or Hedge Agreement: (A) in the case of a Hedge Agreement that has been closed out, in an amount equal to the termination value thereof and (B) in the
case of a Hedge Agreement that has not been closed out, in an amount equal to the mark to market value thereof determined on the basis of readily available quotations provided by any recognized dealer in such Hedge Agreements	  	$	            	  
		  		  	  
	  
	 
			
	 4.      
	  	any other transaction (including forward sale or purchase agreements, capitalized leases and conditional sales agreements) having the commercial effect of a borrowing of money entered into by such Person to finance its operations or
capital requirements (but not including trade payables and accrued expenses incurred in the ordinary course of business which are not represented by a promissory note or other evidence of indebtedness and which are not more than thirty
(30) days past due)	  	$	            	  
		  		  	  
	  
	 
			
	 5.      
	  	any Guaranty of Indebtedness for borrowed money	  	$	            	  
		  		  	  
	  
	 
			
	 6.      
	  	sum of items 1 through 5 of this subsection i equals Consolidated Total Indebtedness	  	$	            	  
		  		  	  
	  
	 

  

	 	ii.	Consolidated EBITDA of the Borrower and its Subsidiaries is calculated as follows: 

  

							
	 1       
	  	consolidated net income (or net loss) for such period as determined in accordance with GAAP	  	$	            	  
		  		  	  
	  
	 
			
	 2.      
	  	consolidated interest expense	  	$	            	  
		  		  	  
	  
	 
			
	 3.      
	  	total income tax expense	  	$	            	  
		  		  	  
	  
	 
			
	 4.      
	  	consolidated amortization and depreciation expense	  	$	            	  
		  		  	  
	  
	 
			
	 5.      
	  	any extraordinary or non-recurring losses	  	$	            	  
		  		  	  
	  
	 
			
	 6.      
	  	sum of items 1 through 5 of this subsection ii	  	$	            	  
		  		  	  
	  
	 
			
	 7.      
	  	any extraordinary or non-recurring gains	  	$	            	  
		  		  	  
	  
	 
			
	 8.      
	  	Consolidated EBITDA shall be adjusted to the extent that the computation of Consolidated EBITDA includes a gain or loss with respect to Hedge Agreements as follows: Consolidated EBITDA shall be (A) increased by any non-cash
items of loss arising from such Hedge Agreement, in each case, net of any actual cash payments related to the items giving rise to the loss and (B) decreased by any non-cash items of gain arising from such Hedge Agreement, in each case, net of
any actual cash payments related to items giving rise to the gain	  	$	            	  
		  		  	  
	  
	 
			
	 9.      
	  	item 6 minus item 7, plus or minus, as the case may be, item 8 each of this subsection ii equals Consolidated EBITDA	  	$	            	  
		  		  	  
	  
	 

  
 2 

	 	iii.	Adjusted Consolidated EBITDA is computed as follows: 

  

							
	 1.      
	  	Consolidated EBITDA (from item a.ii.9. above)	  	$	            	  
		  		  	  
	  
	 
	 2.      
	  	provided, however that for the purposes of calculating Adjusted Consolidated EBITDA, with respect to (1) a business acquired by such Person or any of its consolidated Subsidiaries pursuant to a Permitted Acquisition, Adjusted
Consolidated EBITDA shall be calculated on a pro forma basis, using historical numbers, in accordance with GAAP as if the Permitted Acquisition has been consummated at the beginning of such period and (2) a business or assets disposed of by
such Person or any of its consolidated Subsidiaries pursuant to Section 8.2.7 [Disposition of Assets or Subsidiaries] hereof, Adjusted Consolidated EBITDA shall be calculated in accordance with GAAP as if such disposition had been consummated
at the beginning of such period (as set forth in detail on Exhibit A)	  	$	            	  
		  		  	  
	  
	 
	 3.      
	  	sum of items 1 plus 2 of this subsection iii equals Adjusted Consolidated EBITDA	  	$	            	  
		  		  	  
	  
	 

  

	 	b.	Minimum Consolidated Interest Coverage Ratio. The Consolidated Interest Coverage Ratio determined as provided in Section 8.2.18 [Minimum Consolidated Interest Coverage Ratio] of the Credit Agreement (the
ratio of (A) Consolidated EBITDA to (B) Consolidated interest expense, as calculated below) is              to 1.00, which is not less than 4.00 to 1.00, the minimum required
ratio as set forth in Section 8.2.18 [Minimum Consolidated Interest Coverage Ratio] of the Credit Agreement. 

  

	 	i.	Consolidated EBITDA of the Borrower and its Subsidiaries is $             (from item a.ii.9. above). 

 

	 	ii.	consolidated interest expense of the Borrower and its Subsidiaries is $            . 

 

	 	c.	As of the date hereof, the Borrower and the other Loan Parties have performed and complied with all covenants and conditions of the Credit Agreement; all of the representations and warranties contained in Section 6
of the Credit Agreement and in the other Loan Documents are true on and as of the date hereof with the same effect as though such representations and warranties had been made on the date hereof (except representations and warranties which expressly
relate solely to an earlier date or time, which representations and warranties shall be true and correct on and as of the specific dates or times referred to therein); no Event of Default or Potential Default exists and is continuing.

  
 3 

 IN WITNESS WHEREOF, the undersigned has executed this Certificate this     
day of             , 20    . 
  

					
	II-VI INCORPORATED	 	
			
	By:	 	  
	 	(SEAL)
	Name:	 	  
	 	
	Title:	 	  
	 	

 Exhibit A 

Calculation of Pro Forma Acquisition EBITDA 

[see attached] 

 SECOND AMENDED AND RESTATED 

CONTINUING AGREEMENT OF GUARANTY AND SURETYSHIP 

THIS CONTINUING AGREEMENT OF GUARANTY AND SURETYSHIP (as may be further amended, restated, modified or supplemented from time to time, this
“Guaranty”), dated as of this 10th day of September, 2013, is jointly and severally given by EACH OF THE UNDERSIGNED AND EACH OF THE OTHER PERSONS WHICH BECOME
GUARANTORS HEREUNDER FROM TIME TO TIME (each, a “Guarantor” and collectively the “Guarantors”) in favor of PNC BANK, NATIONAL ASSOCIATION, as administrative agent for the Lenders (as
hereinafter defined) (the “Administrative Agent”) in connection with that Second Amended and Restated Credit Agreement, dated as of September 10, 2013, by and among II-VI Incorporated, a Pennsylvania corporation (the
“Borrower”), the Administrative Agent, the Lenders now or hereafter party thereto (the “Lenders”) and the Guarantors (as may be further amended, restated, modified or supplemented from time to time,
the “Credit Agreement”). Capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them by the Credit Agreement and the rules of construction set forth in Section 1.2 [Construction] of
the Credit Agreement shall apply to this Guaranty. 
 1. Guarantied Obligations. To induce the Administrative Agent and the Lenders
to make loans and grant other financial accommodations to the Borrower under the Credit Agreement, each Guarantor hereby jointly and severally, unconditionally and irrevocably, guaranties to the Administrative Agent, each Lender and any Lender which
provides a Lender Provided Interest Rate Hedge, Lender Provided Foreign Currency Hedge or any provider of Other Lender Provided Financial Service Products, and becomes surety, as though it was a primary obligor for, the full and punctual payment and
performance when due (whether on demand, at stated maturity, by acceleration, or otherwise and including any amounts which would become due but for the operation of an automatic stay under the federal bankruptcy code of the United States or any
similar Laws of any country or jurisdiction) of all Obligations, including, without limiting the generality of the foregoing, all obligations, liabilities, and indebtedness from time to time of the Borrower or any other Guarantor to the
Administrative Agent or any of the Lenders or any Affiliate of any Lender under or in connection with the (i) Credit Agreement, (ii) any other Loan Document, (iii) any Lender Provided Interest Rate Hedge, Lender Provided Foreign
Currency Hedge, and/or (iv) any Other Lender Provided Financial Service Product, whether for principal, interest , fees, indemnities, expenses, or otherwise, and all renewals, extensions, amendments, refinancings or refundings thereof, whether
such obligations, liabilities, or indebtedness are direct or indirect, secured or unsecured, joint or several, absolute or contingent, due or to become due, whether for payment or performance, now existing or hereafter arising (and including
obligations, liabilities, and indebtedness arising or accruing after the commencement of any bankruptcy, insolvency, reorganization, or similar proceeding with respect to the Borrower or any Guarantor or which would have arisen or accrued but for
the commencement of such proceeding, even if the claim for such obligation, liability, or indebtedness is not enforceable or allowable in such proceeding, and including all Obligations, liabilities, and Indebtedness arising from any extensions of
credit under or in connection with any Loan Document from time to time, regardless of whether any such extensions of credit are in excess of the amount committed under or contemplated by the Loan Documents or are made in circumstances in which any
condition to extension of credit is 

 
not satisfied) (all of the foregoing obligations, liabilities and indebtedness are referred to herein collectively, as the “Guarantied Obligations” and each, as a
“Guarantied Obligation”). Notwithstanding anything to the contrary contained in the foregoing, the Guaranteed Obligations shall not include any Excluded Hedge Liabilities. Without limitation of the foregoing, any of the
Guarantied Obligations shall be and remain Guarantied Obligations entitled to the benefit of this Guaranty if the Administrative Agent or any of the Lenders (or any one or more assignees or transferees thereof) from time to time assign or otherwise
transfer all or any portion of their respective rights and obligations under the Loan Documents, or any other Guarantied Obligations, to any other Person pursuant to the terms of the Credit Agreement. In furtherance of the foregoing., each Guarantor jointly and severally agrees as follows. 
 2. Guaranty. Each
Guarantor hereby promises to pay and perform all such Guarantied Obligations immediately upon demand of the Administrative Agent and the Lenders or any one or more of them. All payments made hereunder shall be made by each Guarantor in immediately
available funds in U.S. Dollars and shall be made without setoff, counterclaim, withholding, or other deduction of any nature. 
 3.
Obligations Absolute. The obligations of the Guarantors hereunder shall not be discharged or impaired or otherwise diminished by the failure, default, omission, or delay, willful or otherwise, by any Lender, the Administrative Agent, the
Borrower or any other obligor on any of the Guarantied Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of any Guarantor or would otherwise
operate as a discharge of any Guarantor as a matter of law or equity. Each of the Guarantors agrees that the Guarantied Obligations will be paid and performed strictly in accordance with the terms of the Loan Documents. Without limiting the
generality of the foregoing, each Guarantor hereby consents to, at any time and from time to time, and the joint and several obligations of each Guarantor hereunder shall not be diminished, terminated, or otherwise similarly affected by any of the
following: 
 (a) Any lack of genuineness, legality, validity, enforceability or allowability (in a bankruptcy, insolvency, reorganization
or similar proceeding, or otherwise), or any avoidance or subordination, in whole or in part, of any Loan Document or any of the Guarantied Obligations and regardless of any Law, regulation or order now or hereafter in effect in any jurisdiction
affecting any of the Guarantied Obligations, any of the terms of the Loan Documents, or any rights of the Administrative Agent or the Lenders or any other Person with respect thereto; 

(b) Any increase, decrease, or change in the amount, nature, type or purpose of any of, or any release, surrender, exchange, compromise or
settlement of any of the Guarantied Obligations (whether or not contemplated by the Loan Documents as presently constituted); any change in the time, manner, method, or place of payment or performance of, or in any other terms of, any of the
Guarantied Obligations; any execution or delivery of any additional Loan Documents; or any amendment, modification or supplement to, or renewals, extensions, refinancing or refunding of, any Loan Document or any of the Guarantied Obligations; 

(c) Any failure to assert any breach of or default under any Loan Document or any of the Guarantied Obligations; any extensions of credit in
excess of the amount committed under or contemplated by the Loan Documents, or in circumstances in which any condition to such 

  
 2 

 
extensions of credit has not been satisfied; any other exercise or non-exercise, or any other failure, omission, breach, default, delay, or wrongful action in connection with any exercise or
non-exercise, of any right or remedy against the Borrower or any other Person under or in connection with any Loan Document or any of the Guarantied Obligations; any refusal of payment or performance of any of the Guarantied Obligations, whether or
not with any reservation of rights against any Guarantor; or any application of collections (including but not limited to collections resulting from realization upon any direct or indirect security for the Guarantied Obligations) to other
obligations, if any, not entitled to the benefits of this Guaranty, in preference to Guarantied Obligations entitled to the benefits of this Guaranty, or if any collections are applied to Guarantied Obligations, any application to particular
Guarantied Obligations; 
 (d) Any taking, exchange, amendment, modification, waiver, supplement, termination, subordination, compromise,
release, surrender, loss, or impairment of, or any failure to protect, perfect, or preserve the value of, or any enforcement of, realization upon, or exercise of rights, or remedies under or in connection with, or any failure, omission, breach,
default, delay, or wrongful action by the Administrative Agent or the Lenders, or any of them, or any other Person in connection with the enforcement of, realization upon, or exercise of rights or remedies under or in connection with, or, any other
action or inaction by the Administrative Agent or the Lenders, or any of them, or any other Person in respect of, any direct or indirect security for any of the Guarantied Obligations. As used in this Guaranty, “direct or indirect
security” for the Guarantied Obligations, and similar phrases, includes any collateral security, guaranty, suretyship, letter of credit, capital maintenance agreement, put option, subordination agreement, or other right or assignment of any
nature providing direct or indirect assurance of payment or performance of any of the Guarantied Obligations, made by or on behalf of any Person; 

(e) Any merger, consolidation, liquidation, dissolution, winding-up, charter revocation, or forfeiture, or other change in, restructuring or
termination of the corporate structure or existence of, the Borrower or any other Person; any bankruptcy, insolvency, reorganization or similar proceeding with respect to the Borrower or any other Person; or any action taken or election made by the
Administrative Agent or the Lenders, or any of them (including but not limited to any election under Section 1111(b)(2) of the United States Bankruptcy Code), the Borrower or any other Person in connection with any such proceeding; 

(f) Any defense, setoff, or counterclaim which may at any time be available to or be asserted by the Borrower or any other Person with respect
to any Loan Document or any of the Guarantied Obligations; or any discharge by operation of law or release of the Borrower or any other Person from the performance or observance of any Loan Document or any of the Guarantied Obligations; and/or 

(g) Any other event or circumstance, whether similar or dissimilar to the foregoing, and whether known or unknown, which might otherwise
constitute a defense available to, or limit the liability of, any Guarantor, a guarantor or a surety, excepting only Payment In Full. 

Each Guarantor acknowledges, consents, and agrees that new Guarantors may join in this Guaranty pursuant to Section 8.2.9 [Subsidiaries,
Partnerships and Joint Ventures] of the Credit Agreement and each Guarantor affirms that its obligations shall continue hereunder undiminished. 

  
 3 

 4. Waivers, etc. Each of the Guarantors hereby waives any defense to or limitation on its
obligations under this Guaranty arising out of or based on any event or circumstance referred to in Section 3 hereof. Without limitation and to the fullest extent permitted by applicable Law, each Guarantor waives each of the following: 

(a) All notices, disclosures and demands of any nature which otherwise might be required from time to time to preserve intact any rights
against any Guarantor, including the following: any notice of any event or circumstance described in Section 3 hereof; any notice required by any Law, regulation or order now or hereafter in effect in any jurisdiction; any notice of nonpayment,
nonperformance, dishonor, or protest under any Loan Document or any of the Guarantied Obligations; any notice of the incurrence of any Guarantied Obligation; any notice of any default or any failure on the part of the Borrower or any other Person to
comply with any Loan Document or any of the Guarantied Obligations or any direct or indirect security for any of the Guarantied Obligations; and any notice of any information pertaining to the business, operations, condition (financial or otherwise)
or prospects of the Borrower or any other Person; 
 (b) Any right to any marshaling of assets, to the filing of any claim against the
Borrower or any other Person in the event of any bankruptcy, insolvency, reorganization or similar proceeding, or to the exercise against the Borrower or any other Person of any other right or remedy under or in connection with any Loan Document or
any of the Guarantied Obligations or any direct or indirect security for any of the Guarantied Obligations; any requirement of promptness or diligence on the part of the Administrative Agent or the Lenders, or any of them, or any other Person; any
requirement to exhaust any remedies under or in connection with, or to mitigate the damages resulting from default under, any Loan Document or any of the Guarantied Obligations or any direct or indirect security for any of the Guarantied
Obligations; any benefit of any statute of limitations; and any requirement of acceptance of this Guaranty or any other Loan Document, and any requirement that any Guarantor receive notice of any such acceptance; 

(c) Any defense or other right arising by reason of any Law now or hereafter in effect in any jurisdiction pertaining to election of remedies
(including but not limited to anti-deficiency laws, “one action” laws or the like), or by reason of any election of remedies or other action or inaction by the Administrative Agent or the Lenders, or any of them (including but not limited
to commencement or completion of any judicial proceeding or nonjudicial sale or other action in respect of collateral security for any of the Guarantied Obligations), which results in denial or impairment of the right of the Administrative Agent or
the Lenders, or any of them, to seek a deficiency against the Borrower or any other Person or which otherwise discharges or impairs any of the Guarantied Obligations; and 

(d) Any and all defenses it may now or hereafter have based on principles of suretyship, impairment of collateral, or the like. 

5. Reinstatement. This Guaranty is a continuing obligation of the Guarantors and shall remain in full force and effect notwithstanding
that no Guarantied Obligations may be outstanding from time to time and notwithstanding any other event or circumstance. Upon 

  
 4 

 
Payment In Full, this Guaranty shall terminate; provided, however, that this Guaranty shall continue to be effective or be reinstated, as the case may be, any time any payment of
any of the Guarantied Obligations is rescinded, recouped, avoided, or must otherwise be returned or released by any Lender or Administrative Agent upon or during the insolvency, bankruptcy, or reorganization of, or any similar proceeding affecting,
the Borrower or any other Person or for any other reason whatsoever, all as though such payment had not been made and was due and owing. 

6. Subrogation. Each Guarantor waives and agrees it will not exercise any rights against Borrower or any other Guarantor arising in
connection with, or any Collateral securing, the Guarantied Obligations (including rights of subrogation, contribution, and the like) until the Guarantied Obligations have been indefeasibly paid in full, and all Commitments have been terminated and
all Letters of Credit have expired. If any amount shall be paid to any Guarantor by or on behalf of the Borrower or any other Guarantor by virtue of any right of subrogation, contribution, or the like, such amount shall be deemed to have been paid
to such Guarantor for the benefit of, and shall be held in trust for the benefit of, the Administrative Agent and the Lenders and shall forthwith be paid to the Administrative Agent to be credited and applied upon the Guarantied Obligations, whether
matured or unmatured, in accordance with the terms of the Credit Agreement. 
 7. No Stay. Without limitation of any other provision
of this Guaranty, if any declaration of default or acceleration or other exercise or condition to exercise of rights or remedies under or with respect to any Guarantied Obligation shall at any time be stayed, enjoined, or prevented for any reason
(including but not limited to stay or injunction resulting from the pendency against the Borrower or any other Person of a bankruptcy, insolvency, reorganization or similar proceeding), the Guarantors agree that, for the purposes of this Guaranty
and their obligations hereunder, the Guarantied Obligations shall be deemed to have been declared in default or accelerated, and such other exercise or conditions to exercise shall be deemed to have been taken or met. 

8. [Reserved]. 
 9.
Notices. Each Guarantor agrees that all notices, statements, requests, demands and other communications under this Guaranty shall be given to such Guarantor at the address set forth on a Schedule to, or in a Guarantor Joinder and Assumption
Agreement given under, the Credit Agreement and in the manner provided in Section 11.5 [Notices; Effectiveness; Electronic Communication] of the Credit Agreement. The Administrative Agent and the Lenders may rely on any notice (whether or not
made in a manner contemplated by this Guaranty) purportedly made by or on behalf of a Guarantor, and the Administrative Agent and the Lenders shall have no duty to verify the identity or authority of the Person giving such notice. 

10. Counterparts; Telecopy Signatures. This Guaranty may be executed in any number of counterparts, each of which, when so executed,
shall be deemed an original, but all such counterparts shall constitute but one and the same instrument. Each Guarantor acknowledges and agrees that a telecopy transmission to Administrative Agent or any Lender of signature pages hereof purporting
to be signed on behalf of any Guarantor shall constitute effective and binding execution and delivery hereof by such Guarantor. 

  
 5 

 11. Setoff, Default Payments by Borrower. 

(a) In the event that at any time any obligation of the Guarantors now or hereafter existing under this Guaranty shall have become due and
payable, the Administrative Agent and the Lenders, or any of them, shall have the right from time to time, without notice to any Guarantor, to set off against and apply to such due and payable amount any obligation of any nature of any Lender or the
Administrative Agent, or any subsidiary or affiliate of any Lender or Administrative Agent, to any Guarantor, including but not limited to all deposits (whether time or demand, general or special, provisionally credited or finally credited, however
evidenced) now or hereafter maintained by any Guarantor with the Administrative Agent or any Lender. Such right shall be absolute and unconditional in all circumstances and, without limitation, shall exist whether or not the Administrative Agent or
the Lenders, or any of them, shall have given any notice or made any demand under this Guaranty or under such obligation to the Guarantor, whether such obligation to the Guarantor is absolute or contingent, matured or unmatured (it being agreed that
the Administrative Agent and the Lenders, or any of them, may deem such obligation to be then due and payable at the time of such setoff), and regardless of the existence or adequacy of any collateral, guaranty, or other direct or indirect security
or right or remedy available to the Administrative Agent or any of the Lenders. The rights of the Administrative Agent and the Lenders under this Section are in addition to such other rights and remedies (including, without limitation, other rights
of setoff and banker’s lien) which the Administrative Agent and the Lenders, or any of them, may have, and nothing in this Guaranty or in any other Loan Document shall be deemed a waiver of or restriction on the right of setoff or banker’s
lien of the Administrative Agent and the Lenders, or any of them. Each of the Guarantors hereby agrees that, to the fullest extent permitted by Law, any affiliate or subsidiary of the Administrative Agent or any of the Lenders and any holder of a
participation in any obligation of any Guarantor under this Guaranty, shall have the same rights of setoff as the Administrative Agent and the Lenders as provided in this Section (regardless whether such affiliate or participant otherwise would be
deemed a creditor of such Guarantor). 
 (b) Upon the occurrence and during the continuation of any default under any Guarantied Obligation,
if any amount shall be paid to any Guarantor by or for the account of Borrower, such amount shall be held in trust for the benefit of each Lender and Administrative Agent and shall forthwith be paid to the Administrative Agent to be credited and
applied to the Guarantied Obligations when due and payable. 
 12. Construction. The section and other headings contained in this
Guaranty are for reference purposes only and shall not affect interpretation of this Guaranty in any respect. This Guaranty has been fully negotiated between the applicable parties, each party having the benefit of legal counsel, and accordingly
neither any doctrine of construction of guaranties or suretyships in favor of the guarantor or surety, nor any doctrine of construction of ambiguities in agreements or instruments against the party controlling the drafting thereof, shall apply to
this Guaranty. 
 13. Successors and Assigns. This Guaranty shall be binding upon each Guarantor, its successors and assigns, and
shall inure to the benefit of and be enforceable by the Administrative Agent and the Lenders, or any of them, and their successors and permitted assigns; provided, however, that no Guarantor may assign or transfer any of its rights or
obligations hereunder or 

  
 6 

 
any interest herein and any such purported assignment or transfer shall be null and void. Without limitation of the foregoing, the Administrative Agent and the Lenders, or any of them (and any
successive assignee or transferee), if permitted under the Credit Agreement, from time to time may assign or otherwise transfer all or any portion of its rights or obligations under the Loan Documents (including all or any portion of any commitment
to extend credit), or any other Guarantied Obligations, to any other person pursuant to the terms of the Credit Agreement and such Guarantied Obligations (including any Guarantied Obligations resulting from extension of credit by such other Person
under or in connection with the Loan Documents) shall be and remain Guarantied Obligations entitled to the benefit of this Guaranty, and to the extent of its interest in such Guarantied Obligations such other Person shall be vested with all the
benefits in respect thereof granted to the Administrative Agent and the Lenders in this Guaranty or otherwise. 
 14. Governing Law;
Submission to Jurisdiction; Waiver of Jury Trial. 
 (a) Governing Law. This Guaranty shall be governed by, construed, and
enforced in accordance with, the internal Laws of the Commonwealth of Pennsylvania, without regard to conflict of laws principles. 
 (b)
Certain Waivers. Each Guarantor hereby irrevocably: 
 (i) Submits to the nonexclusive jurisdiction of any state or federal court
sitting in Allegheny County, Pennsylvania in any action or proceeding arising out of or relating to this Guaranty, and each Guarantor hereby irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in
such state or federal court. Each Guarantor hereby waives to the fullest extent it may effectively do so, the defense of an inconvenient forum to the maintenance of any such action or proceeding. Each Guarantor hereby appoints the process agent
identified below (the “Process Agent”) as its agent to receive on behalf of such party and its respective property service of copies of the summons and complaint and any other process which may be served in any action or
proceeding. Such service may be made by mailing or delivering a copy of such process to the Guarantor in care of the Process Agent at the Process Agent’s address, and each Guarantor hereby authorizes and directs the Process Agent to receive
such service on its behalf. Each Guarantor agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions (or any political subdivision thereof) by suit on the judgment or in any other
manner provided at law. Each Guarantor further agrees that it shall, for so long as any commitment or any obligation of any Loan Party to any Lender remains outstanding, continue to retain Process Agent for the purposes set forth in this
Section 14. The Process Agent is II-VI Incorporated, with an office on the date hereof as set forth in the Credit Agreement. The Process Agent hereby accepts the appointment of Process Agent by the Guarantors and agrees to act as Process Agent
on behalf of the Guarantors; 
 (ii) Waives any objection to jurisdiction and venue of any action instituted against it as provided herein
and agrees not to assert any defense based on lack of jurisdiction or venue; and 

  
 7 

 (iii) WAIVES TRIAL BY JURY IN ANY ACTION, SUIT, PROCEEDING, OR COUNTERCLAIM OF ANY KIND ARISING
OUT OF OR RELATED TO THIS GUARANTY, THE CREDIT AGREEMENT, OR ANY OTHER LOAN DOCUMENT TO THE FULLEST EXTENT PERMITTED BY LAW. 
 15.
Severability; Modification to Conform to Law. 
 (a) It is the intention of the parties that this Guaranty be enforceable to the
fullest extent permissible under applicable Law, but that the unenforceability (or modification to conform to such Law) of any provision or provisions hereof shall not render unenforceable, or impair, the remainder hereof. If any provision in this
Guaranty shall be held invalid or unenforceable in whole or in part in any jurisdiction, this Guaranty shall, as to such jurisdiction, be deemed amended to modify or delete, as necessary, the offending provision or provisions and to alter the bounds
thereof in order to render it or them valid and enforceable to the maximum extent permitted by applicable Law, without in any manner affecting the validity or enforceability of such provision or provisions in any other jurisdiction or the remaining
provisions hereof in any jurisdiction. 
 (b) Without limitation of the preceding subsection (a), to the extent that applicable Law
(including applicable Laws pertaining to fraudulent conveyance or fraudulent or preferential transfer) otherwise would render the full amount of the Guarantor’s obligations hereunder invalid, voidable, or unenforceable on account of the amount
of a Guarantor’s aggregate liability under this Guaranty, then, notwithstanding any other provision of this Guaranty to the contrary, the aggregate amount of such liability shall, without any further action by the Administrative Agent or any of
the Lenders or such Guarantor or any other Person, be automatically limited and reduced to the highest amount which is valid and enforceable as determined in such action or proceeding, which (without limiting the generality of the foregoing) may be
an amount which is equal to the greater of: 
 (i) the fair consideration actually received by such Guarantor under the terms and as a
result of the Loan Documents and the value of the benefits described in this Section 15(b) hereof, including (and to the extent not inconsistent with applicable federal and state Laws affecting the enforceability of guaranties) distributions,
commitments, and advances made to or for the benefit of such Guarantor with the proceeds of any credit extended under the Loan Documents, or 

(ii) the excess of (A) the amount of the fair value of the assets of such Guarantor as of the date of this Guaranty as determined in
accordance with applicable federal and state Laws governing determinations of the insolvency of debtors as in effect on the date hereof, over (B) the amount of all liabilities of such Guarantor as of the date of this Guaranty, also as
determined on the basis of applicable federal and state Laws governing the insolvency of debtors as in effect on the date hereof. 
 (c)
Notwithstanding anything to the contrary in this Section or elsewhere in this Guaranty, this Guaranty shall be presumptively valid and enforceable to its full extent in accordance with its terms, as if this Section (and references elsewhere in this
Guaranty to enforceability to the fullest extent permitted by Law) were not a part of this Guaranty, and in any 

  
 8 

 
related litigation the burden of proof shall be on the party asserting the invalidity or unenforceability of any provision hereof or asserting any limitation on any Guarantor’s obligations
hereunder as to each element of such assertion. 
 16. Additional Guarantors. At any time after the initial execution and delivery of
this Guaranty to the Administrative Agent and the Lenders, additional Persons may become parties to this Guaranty and thereby acquire the duties and rights of being Guarantors hereunder by executing and delivering to the Administrative Agent and the
Lenders a Guarantor Joinder pursuant to the Credit Agreement. No notice of the addition of any Guarantor shall be required to be given to any pre-existing Guarantor and each Guarantor hereby consents thereto. 

17. Joint and Several Obligations. The obligations and additional liabilities of the Guarantors under this Guaranty are joint and
several obligations of the Guarantors, and each Guarantor hereby waives to the full extent permitted by Law any defense it may otherwise have to the payment and performance of the Guarantied Obligations and that its liability hereunder is limited
and not joint and several. Each Guarantor acknowledges and agrees that the foregoing waivers and those set forth below serve as a material inducement to the agreement of the Administrative Agent and the Lenders to make the Loans, and that the
Administrative Agent and the Lenders are relying on each specific waiver and all such waivers in entering into this Guaranty. The undertakings of each Guarantor hereunder secure the obligations of itself and the other Guarantors. The Administrative
Agent and the Lenders, or any of them, may, in their sole discretion, elect to enforce this Guaranty against any Guarantor without any duty or responsibility to pursue any other Guarantor and such an election by the Administrative Agent and the
Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Guarantor. Each of the Lenders and Administrative Agent hereby reserve all rights against each
Guarantor. 
 18. Receipt of Credit Agreement; Other Loan Documents; Benefits. 

(a) Each Guarantor hereby acknowledges that it has received a copy of the Credit Agreement and the other Loan Documents and each Guarantor
certifies that the representations and warranties made therein with respect to such Guarantor are true and correct. Further, each Guarantor acknowledges and agrees to perform, comply with, and be bound by all of the provisions of the Credit
Agreement and the other Loan Documents. 
 (b) Each Guarantor hereby acknowledges, represents, and warrants that it receives direct and
indirect benefits by virtue of its affiliation with Borrower and the other Guarantors and that it will receive direct and indirect benefits from the financing arrangements contemplated by the Credit Agreement and that such benefits, together with
the rights of contribution and subrogation that may arise in connection herewith are a reasonably equivalent exchange of value in return for providing this Guaranty. 

19. Miscellaneous. 
 (a)
Generality of Certain Terms. As used in this Guaranty, the terms “hereof”, “herein” and terms of similar import refer to this Guaranty as a whole and not to any particular term or provision; the term “including”,
as used herein, is not a term of limitation and means “including without limitation”. 

  
 9 

 (b) Amendments, Waivers. No amendment to or waiver of any provision of this Guaranty, and
no consent to any departure by any Guarantor herefrom, shall in any event be effective unless in a writing manually signed by or on behalf of the Administrative Agent and the Lenders. Any such waiver or consent shall be effective only in the
specific instance and for the specific purpose for which given. No delay or failure of the Administrative Agent or the Lenders, or any of them, in exercising any right or remedy under this Guaranty shall operate as a waiver thereof; nor shall any
single or partial exercise of any such right or remedy preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and remedies of the Administrative Agent and the Lenders under this Guaranty are
cumulative and not exclusive of any other rights or remedies available hereunder, under any other agreement or instrument, by Law, or otherwise. 

(c) Telecommunications. Each Lender and Administrative Agent shall be entitled to rely on the authority of any individual making any
telecopy, electronic or telephonic notice, request, or signature without the necessity of receipt of any verification thereof. 
 (d)
Expenses. Each Guarantor unconditionally agrees to pay all costs and expenses, including reasonable attorney’s fees incurred by the Administrative Agent or any of the Lenders in enforcing this Guaranty against any Guarantor and each
Guarantor shall pay and indemnify each Lender and the Administrative Agent for, and hold it harmless from and against, any and all obligations, liabilities, losses, damages, costs, expenses (including disbursements and reasonable legal fees of
counsel to any Lender or the Administrative Agent), penalties, judgments, suits, actions, claims, and disbursements imposed on, asserted against, or incurred by any Lender or the Administrative Agent (except as may result from the gross negligence
or willful misconduct of any Lender or Administrative Agent): 
 (i) relating to the preparation, negotiation, execution, administration, or
enforcement of or collection under this Guaranty or any document, instrument, or agreement relating to any of the Obligations, including in any bankruptcy, insolvency, or similar proceeding in any jurisdiction or political subdivision thereof; 

(ii) relating to any amendment, modification, waiver, or consent hereunder or relating to any telecopy or telephonic transmission purporting
to be by any Guarantor or Borrower; and 
 (iii) in any way relating to or arising out of this Guaranty, or any document, instrument, or
agreement relating to any of the Guarantied Obligations, or any action taken or omitted to be taken by any Lender or the Administrative Agent hereunder, and including those arising directly or indirectly from the violation or asserted violation by
any Guarantor, the Borrower, the Administrative Agent or any Lender of any Law, rule, regulation, judgment, order, or the like of any jurisdiction or political subdivision thereof (including those relating to environmental protection, health, labor,
importing, exporting, or safety) and regardless whether asserted by any governmental entity or any other Person. 

  
 10 

 (e) Prior Understandings. This Guaranty and the Credit Agreement constitute the entire
agreement of the parties hereto with respect to the subject matter hereof and supersede any and all other prior and contemporaneous understandings and agreements. 

(f) Survival. All representations and warranties of the Guarantors made in connection with this Guaranty shall survive, and shall not
be waived by, the execution and delivery of this Guaranty, any investigation by or knowledge of the Administrative Agent and the Lenders, or any of them, any extension of credit, or any other event or circumstance whatsoever. 

20. Amendment and Restatement. This Guaranty amends and restates that certain First Amended and Restated Continuing Agreement of
Guaranty and Suretyship, dated November 16, 2012, made by the Guarantors to the Administrative Agent (the “Prior Guaranty”). This Guaranty is issued in substitution for (and not in discharge of) the obligations evidenced by the
Prior Guaranty. 
 [INTENTIONALLY LEFT BLANK] 

  
 11 

 [SIGNATURE PAGE 1 OF 2 - SECOND AMENDED AND RESTATED CONTINUING AGREEMENT OF GUARANTY AND
SURETYSHIP] 
 IN WITNESS WHEREOF, the undersigned parties intending to be legally bound, have executed this Guaranty as of the date first
above written with the intention that this Guaranty shall constitute a sealed instrument. 
  

											
		 		 	GUARANTORS:
			
	WITNESS:	 		 	II-VI DELAWARE, INC., a Delaware corporation; VLOC INCORPORATED, a Pennsylvania corporation; LIGHTWORKS OPTICAL SYSTEMS, INC., a California corporation; II-VI WIDE BAND
GAP, INC., a Pennsylvania corporation; MARLOW INDUSTRIES, INC., a Texas corporation; MAX LEVY AUTOGRAPH, INC., a Pennsylvania corporation; HIGHYAG LASERTECHNOLOGIE, INC., a
Pennsylvania corporation; PHOTOP TECHNOLOGIES, INC., a Delaware corporation PHOTOP AEGIS, INC., a Delaware corporation; M CUBED TECHNOLOGIES, INC., a Delaware corporation;
II-VI DELAWARE HOLDINGS, INC., a Delaware corporation 
					
	 /s/ Eric C. Springer
	 		 		 		 	
	Name:	 	Eric C. Springer, Esquire	 		 	By:	 	 /s/ Craig A. Creaturo
	 	(SEAL)
		 		 		 	Name:	 	Craig A. Creaturo	 	
		 		 		 	Title:	 	Treasurer of each of the entities listed above, other than PHOTOP TECHNOLOGIES, INC., for which he is the Secretary
				
		 		 	Address:	 	
		 		 	c/o II-VI Incorporated	 	
		 		 	375 Saxonburg Blvd	 	
		 		 	Saxonburg, PA 16056	 	
		 		 	Telecopier: 724-360-5947	 	

 [SIGNATURE PAGE 2 OF 2 - SECOND AMENDED AND RESTATED CONTINUING AGREEMENT OF GUARANTY AND
SURETYSHIP] 
 Acknowledged and consented to: 
  

											
		 	BORROWER:	 	
				
	WITNESS:	 		 	II-VI INCORPORATED	 	
					
	 /s/ Eric C. Springer
	 		 		 		 	
	Name:	 	Eric C. Springer, Esquire	 		 	By:	 	 /s/ Craig A. Creaturo
	 	(SEAL)
		 		 		 	Name:	 	Craig A. Creaturo	 	
		 		 		 	Title:	 	Treasurer	 	
					
		 		 		 	Address:	 	
		 		 		 	c/o II-VI Incorporated	 	
		 		 		 	375 Saxonburg Blvd	 	
		 		 		 	Saxonburg, PA 16056	 	
		 		 		 	Telecopier: 724-360-5947	 	

 SECOND AMENDED AND RESTATED 

INTERCOMPANY SUBORDINATION AGREEMENT 

THIS SECOND AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT (as amended, restated, modified or supplemented from time to time, this
“Agreement”), is dated September 10, 2013, and is made by and among the entities listed on the signature page hereto (or subsequently joining this Agreement) (each being individually referred to herein as a
“Company” and collectively as the “Companies”). 
 WITNESSETH THAT: 

WHEREAS, each capitalized term used herein shall, unless otherwise defined herein, have the meaning specified in the Second Amended and
Restated Credit Agreement, dated of even date herewith, by and among II-VI Incorporated, a Pennsylvania corporation (the “Borrower”), the Guarantors now or hereafter party thereto, PNC Bank, National Association
(“PNC”), various other financial institutions which are now or hereafter become a party thereto (such other financial institutions are each, a “Lender” and collectively, the
“Lenders”) and PNC, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”) (as the same may be further amended, restated, modified or supplemented from time to time, the
“Credit Agreement”); and 
 WHEREAS, pursuant to the Credit Agreement and the other Loan Documents, the Lenders
intend to make Loans to the Borrower; and 
 WHEREAS, the Companies have or, in the future may have, liabilities, obligations or
indebtedness owed to each other (the liabilities, obligations and indebtedness of each of the Companies to any other Company, now existing or hereafter incurred (whether created directly or acquired by assignment or otherwise), and interest and
premiums, if any, thereon and other amounts payable in respect thereof and all other obligations and other amounts payable by any Company to any other Company are hereinafter collectively referred to as the “Intercompany
Indebtedness”); and 
 WHEREAS, the obligations of the Lenders to maintain the Commitments and make Loans to the Borrower from
time to time are subject to the condition, among others, that the Companies subordinate the Intercompany Indebtedness to the Obligations of the Borrower or any other Company to the Administrative Agent or the Lenders or any Affiliate of any Lender
pursuant to the Credit Agreement or the other Loan Documents or any Lender Provided Interest Rate Hedge, [Lender Provided Foreign Currency Hedge] or any Other Lender Provided Financial Service Product (collectively, the
“Senior Debt”) in the manner set forth herein. 
 NOW, THEREFORE, intending to be legally bound hereby, the parties
hereto covenant and agree as follows: 
 1. Intercompany Indebtedness Subordinated to Senior Debt. The recitals set forth above are
hereby incorporated by reference. All Intercompany Indebtedness shall be subordinate and subject in right of payment until receipt by the Administrative Agent and the Lenders of Payment In Full. 

 2. Payment Over of Proceeds Upon Dissolution, Etc. Upon any distribution of assets of any
Company in the event of (a) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding in connection therewith, relative to any such Company or to its creditors, as
such, or to its assets, or (b) any liquidation, dissolution or other winding up of any such Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors
or any marshaling of assets and liabilities of any such Company (a Company distributing assets as set forth herein being referred to in such capacity as a “Distributing Company”), then and in any such event, the
Administrative Agent shall be entitled to receive, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, Payment In Full of all amounts due or to become due (whether or not an Event of Default has
occurred under the terms of the Loan Documents or the Senior Debt has been declared due and payable prior to the date on which it would otherwise have become due and payable) on or in respect of any and all Senior Debt before the holder of any
Intercompany Indebtedness owed by the Distributing Company is entitled to receive any payment on account of the principal of or interest on such Intercompany Indebtedness, and to that end, the Administrative Agent shall be entitled to receive, for
application to the payment of the Senior Debt, any payment or distribution of any kind or character, whether in cash, property or securities, which may be payable or deliverable in respect of the Intercompany Indebtedness owed by the Distributing
Company in any such case, proceeding, dissolution, liquidation or other winding up event. 
 3. No Commencement of Any Proceeding.
Each Company agrees that, so long as the Senior Debt shall remain unpaid, it will not commence, or join with any creditor other than the Lenders and the Administrative Agent in commencing any proceeding referred to in Section 2 hereof against
any other Company that owes it any Intercompany Indebtedness. 
 4. Prior Payment of Senior Debt Upon Acceleration of Intercompany
Indebtedness. If any portion of the Intercompany Indebtedness owed by any Company becomes or is declared due and payable before its stated maturity, then and in such event the Administrative Agent and the Lenders shall be entitled to receive
Payment In Full of all amounts due and to become due on or in respect of the Senior Debt (whether or not an Event of Default has occurred under the terms of the Loan Documents or the Senior Debt has been declared due and payable prior to the date on
which it would otherwise have become due and payable) before the holder of any such Intercompany Indebtedness is entitled to receive any payment thereon. 

5. No Payment When Senior Debt in Default. If any Event of Default shall have occurred and be continuing, or such an Event of Default
or Potential Default would result from or exist after giving effect to a payment with respect to any portion of the Intercompany Indebtedness, unless the Lenders or Required Lenders, as applicable, shall have consented to or waived the same, so long
as any of the Senior Debt shall remain outstanding, no payment shall be made by any Company owing such Intercompany Indebtedness on account of principal or interest on any portion of the Intercompany Indebtedness. 

6. Payment Permitted if No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during
the pendency of any of the conditions described in Sections 2, 4 and 5 hereof, from making regularly scheduled payments of principal of or interest on any portion of the Intercompany Indebtedness, or the retention thereof by any of the
Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Intercompany Indebtedness. 

  
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 7. Receipt of Prohibited Payments. If, notwithstanding the foregoing provisions of
Sections 2, 4, 5 and 6 hereof, a Company that is owed Intercompany Indebtedness by a Distributing Company shall have received any payment or distribution of assets from the Distributing Company of any kind or character, whether in cash, property or
securities, then and in such event such payment or distribution shall be held in trust for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, shall be segregated from other funds and property held by
such Company, and shall be forthwith paid over to the Administrative Agent in the same form as so received (with any necessary endorsement) to be applied (in the case of cash) to or held as collateral (in the case of noncash property or securities)
for the payment or prepayment of the Senior Debt in accordance with the terms of the Credit Agreement. 
 8. Rights of Subrogation.
Each Company agrees that no payment or distribution to the Administrative Agent or the Lenders pursuant to the provisions of this Agreement shall entitle it to exercise any rights of subrogation in respect thereof until Payment In Full of the Senior
Debt. 
 9. Instruments Evidencing Intercompany Indebtedness. Each Company shall cause each instrument which now or hereafter
evidences all or a portion of the Intercompany Indebtedness to be conspicuously marked as follows: 
 “This instrument
is subject to the terms of that certain Intercompany Subordination Agreement dated September 10, 2013 in favor of PNC Bank, National Association, as administrative agent for the Lenders referred to therein, which Intercompany Subordination
Agreement is incorporated herein by reference. Notwithstanding any contrary statement contained in the within instrument, no payment on account of the principal thereof or interest thereon shall become due or payable except in accordance with the
express terms of the Intercompany Subordination Agreement.” 
 Each Company will further mark its internal records in such a manner as shall be
effective to give proper notice to the effect of this Agreement. 
 10. Agreement Solely to Define Relative Rights. The purpose of
this Agreement is solely to define the relative rights of the Companies, on the one hand, and the Administrative Agent and the Lenders, on the other hand. Nothing contained in this Agreement is intended to or shall impair, as between any of the
Companies and their creditors other than the Administrative Agent and the Lenders, the obligation of the Companies to each other to pay the principal of and interest on the Intercompany Indebtedness as and when the same shall become due and payable
in accordance with its terms, or is intended to or shall affect the relative rights among the Companies and their creditors other than the Administrative Agent and the Lenders, nor shall anything herein prevent any of the Companies from exercising
all remedies otherwise permitted 

  
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by applicable Law upon default under any agreement pursuant to which the Intercompany Indebtedness is created, subject to the rights, if any, under this Agreement of the Administrative Agent and
the Lenders to receive cash, property or securities otherwise payable or deliverable with respect to the Intercompany Indebtedness. 
 11.
No Implied Waivers of Subordination. No right of the Administrative Agent or any Lender to enforce subordination, as herein provided, shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any
Company or by any act or failure to act by the Administrative Agent or any Lender, or by any non-compliance by any Company with the terms, provisions and covenants of any agreement pursuant to which the Intercompany Indebtedness is created,
regardless of any knowledge thereof with which the Administrative Agent or any Lender may have or be otherwise charged. Each Company by its acceptance hereof shall agree that, so long as there is Senior Debt outstanding or Commitments in effect
under the Credit Agreement, such Company shall not agree to sell, assign, pledge, encumber or otherwise dispose of, or agree to compromise, the obligations of the other Companies with respect to their Intercompany Indebtedness, other than by means
of payment of such Intercompany Indebtedness according to its terms, without the prior written consent of the Administrative Agent. 

Without in any way limiting the generality of the foregoing paragraph, the Administrative Agent or any of the Lenders may, at any time and
from time to time, without the consent of or notice to the Companies, without incurring responsibility to the Companies and without impairing or releasing the subordination provided in this Agreement or the obligations hereunder of the Companies to
the Administrative Agent and the Lenders, do any one or more of the following in accordance with the terms of the Credit Agreement: (i) change the manner, place or terms of payment, or extend the time of payment, renew or alter the Senior Debt
or otherwise amend or supplement the Senior Debt or the Loan Documents; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing the Senior Debt; (iii) release any Person liable in any
manner for the payment or collection of the Senior Debt; and (iv) exercise or refrain from exercising any rights against any of the Companies and any other Person. 

12. Additional Subsidiaries. The Companies covenant and agree that they shall cause Subsidiaries created or acquired after the date of
this Agreement, and any other Subsidiaries required to join this Agreement pursuant to Section 8.2.9 [Subsidiaries, Partnerships and Joint Ventures] or otherwise under the Credit Agreement, to execute a Guarantor Joinder in substantially the
form of Exhibit 1.1(G)(1) to the Credit Agreement, whereby such Subsidiary joins this Agreement and subordinates all Indebtedness owed to any such Subsidiary by any of the Companies or other Subsidiaries hereafter created or acquired to the
Senior Debt. 
 13. Continuing Force and Effect. This Agreement shall continue in force for so long as any portion of the Senior Debt
remains unpaid and any Commitments or Letters of Credit under the Credit Agreement remain outstanding, it being contemplated that this Agreement be of a continuing nature. 

14. Modification, Amendments or Waivers. Any and all agreements amending or changing any provision of this Agreement or the rights of
the Administrative Agent or the 

  
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Lenders hereunder, and any and all waivers or consents to Events of Default or other departures from the due performance of the Companies hereunder, shall be made only by written agreement,
waiver or consent signed by the Administrative Agent, acting on behalf of all the Lenders, with the written consent of the Required Lenders, any such agreement, waiver or consent made with such written consent being effective to bind all the
Lenders. 
 15. Expenses. The Companies unconditionally and jointly and severally agree upon demand to pay to the Administrative
Agent and the Lenders the amount of any and all out-of-pocket costs, expenses and disbursements, including reasonable fees and expenses of counsel (including allocated costs of staff counsel) for which reimbursement is customarily obtained, which
the Administrative Agent or any of the Lenders may incur in connection with (a) the administration of this Agreement, (b) the exercise or enforcement of any of the rights of the Administrative Agent or the Lenders hereunder, or
(c) the failure by the Companies to perform or observe any of the provisions hereof. 
 16. Severability. The provisions of this
Agreement are intended to be severable. If any provision of this Agreement shall be held invalid or unenforceable in whole or in part in any jurisdiction, such provision shall, as to such jurisdiction, be ineffective to the extent of such invalidity
or unenforceability without in any manner affecting the validity or enforceability thereof in any other jurisdiction or the remaining provisions hereof in any jurisdiction. 

17. Governing Law. This Agreement shall be a contract under the internal Laws of the Commonwealth of Pennsylvania and for all purposes
shall be construed in accordance with the internal Laws of the Commonwealth of Pennsylvania without giving effect to its principles of conflict of laws. 

18. Successors and Assigns. This Agreement shall inure to the benefit of the Administrative Agent and the Lenders and their respective
successors and assigns and the obligations of the Companies shall be binding upon their respective successors and permitted assigns, provided that no Company may assign or transfer its rights or obligations hereunder or any interest herein and any
such purported assignment or transfer shall be null and void. The duties and obligations of the Companies may not be delegated or transferred by the Companies without the written consent of the Required Lenders and any such delegation or transfer
without such consent shall be null and void. Except to the extent otherwise required by the context of this Agreement, the word “Lenders” when used herein shall include, without limitation, any holder of a Note or an assignment of rights
therein originally issued to a Lender under the Credit Agreement, and each such holder of a Note or assignment shall have the benefits of this Agreement to the same extent as if such holder had originally been a Lender under the Credit Agreement.

 19. Joint and Several Obligations. Each of the obligations of each and every Company under this Agreement are joint and several.
The Administrative Agent and the Lenders, or any of them, may, in their sole discretion, elect to enforce this Agreement against any Company without any duty or responsibility to pursue any other Company and such an election by the Administrative
Agent and the Lenders, or any of them, shall not be a defense to any action the Administrative Agent and the Lenders, or any of them, may elect to take against any Company. Each of the Lenders and Administrative Agent hereby reserve all right
against each Company. 

  
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 20. Counterparts. This Agreement may be executed in any number of counterparts and by the
different parties hereto on separate counterparts, each of which, when executed and delivered, shall be deemed an original, but all such counterparts shall constitute but one and the same instrument. Each Company acknowledges and agrees that a
telecopy or electronic transmission to the Administrative Agent or any Lender of the signature page hereof purporting to be signed on behalf of such Company shall constitute effective and binding execution and delivery hereof by such Company. 

21. Attorneys-in-Fact. Each of the Companies hereby authorizes and empowers the Administrative Agent, at its election and in the name
of either itself, for the benefit of the Administrative Agent and the Lenders as their respective interests may appear, or in the name of each such Company as is owed Intercompany Indebtedness, to execute and file proofs and documents and take any
other action the Administrative Agent may deem advisable to completely protect the Administrative Agent’s and the Lenders’ interests in the Intercompany Indebtedness and their right of enforcement thereof, and to that end each of the
Companies hereby irrevocably makes, constitutes and appoints the Administrative Agent, its officers, employees and agents, or any of them, with full power of substitution, as the true and lawful attorney-in-fact and agent of such Company, and with
full power for such Company, and in the name, place and stead of such Company for the purpose of carrying out the provisions of this Agreement, and taking any action and executing, delivering, filing and recording any instruments that the
Administrative Agent may deem necessary or advisable to accomplish the purposes hereof, which power of attorney, being given for security, is coupled with an interest and is irrevocable. Each Company hereby ratifies and confirms, and agrees to
ratify and confirm, all action taken by the Administrative Agent, its officers, employees or agents pursuant to the foregoing power of attorney. 

22. Application of Payments. In the event any payments are received by the Administrative Agent under the terms of this Agreement for
application to the Senior Debt at any time when the Senior Debt has not been declared due and payable and prior to the date on which it would otherwise become due and payable, such payment shall constitute a voluntary prepayment of the Senior Debt
for all purposes under the Credit Agreement. 
 23. Remedies. In the event of a breach by any of the Companies in the performance of
any of the terms of this Agreement, the Administrative Agent, on behalf of the Lenders, may demand specific performance of this Agreement and seek injunctive relief and may exercise any other remedy available at law or in equity, it being recognized
that the remedies of the Administrative Agent on behalf of the Lenders at law may not fully compensate the Administrative Agent on behalf of the Lenders for the damages they may suffer in the event of a breach hereof. 

24. Consent to Jurisdiction. Each Company hereby irrevocably submits to the nonexclusive jurisdiction of any Pennsylvania state or
federal court sitting in Allegheny County, Pennsylvania in any action or proceeding arising out of or relating to this Agreement, and each Company hereby irrevocably agrees that all claims in respect of such action or proceeding may

  
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be heard and determined in such Pennsylvania state or federal court. Each Company hereby waives to the fullest extent it may effectively do so, the defense of an inconvenient forum to the
maintenance of any such action or proceeding. Each Company hereby appoints the process agent identified below (the “Process Agent”) as its agent to receive on behalf of such party and its respective property service of copies
of the summons and complaint and any other process which may be served in any action or proceeding. Such service may be made by mailing or delivering a copy of such process to the Company in care of the Process Agent at the Process Agent’s
address, and each Company hereby authorizes and directs the Process Agent to receive such service on its behalf. Each Company agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other
jurisdictions (or any political subdivision thereof) by suit on the judgment or in any other manner provided at law. Each Company further agrees that it shall, for so long as any commitment or any obligation of any Loan Party to any Lender remains
outstanding, continue to retain Process Agent for the purposes set forth in this Section 24. The Process Agent is the Borrower, with an office on the date hereof as set forth in the Credit Agreement. The Process Agent hereby accepts the
appointment of Process Agent by the Companies and agrees to act as Process Agent on behalf of the Companies. 
 25. Waiver of Jury
Trial. EACH COMPANY HEREBY WAIVES TRIAL BY A JURY IN ANY ACTION, SUIT, PROCEEDING OR COUNTERCLAIM OF ANY KIND ARISING OUT OF THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE COLLATERAL TO THE FULLEST EXTENT PERMITTED BY LAW. 

26. Notices. All notices, statements, requests and demands and other communications given to or made upon the Companies, the
Administrative Agent or the Lenders in accordance with the provisions of this Agreement shall be given or made as provided in Section 11.5 [Notices; Effectiveness; Electronic Communication] of the Credit Agreement. 

27. Rules of Construction. The rules of construction set forth in Section 1.2 [Construction] of the Credit Agreement shall apply
to this Agreement. 
 28. Amendment and Restatement. This Agreement amends and restates that certain Intercompany Subordination
Agreement, dated November 16, 2012, made by the Companies for the benefit of the Administrative Agent (the “Prior Agreement”). This Agreement is issued in substitution for (and not in discharge of) the obligations evidenced by
the Prior Agreement. 
 [INTENTIONALLY LEFT BLANK] 

  
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 [SIGNATURE PAGE 1 OF 1 - SECOND AMENDED AND RESTATED INTERCOMPANY SUBORDINATION AGREEMENT] 

WITNESS the due execution hereof, with the intention to be legally bound, as of the day and year first above written as a document under seal.

  

													
		 		 		 	BORROWER:
			
	WITNESS:	 	II-VI INCORPORATED,	 	
		 	a Pennsylvania corporation	 	
						
	 /s/ Eric C. Springer
	 		 		 	By:	 	 /s/ Craig A. Chreaturo
	 	(SEAL)
	Name:	 	Eric C. Springer, Esquire	 		 		 	Name:	 	Craig A. Creaturo	 	
		 		 		 		 	Title:	 	Chief Financial Officer and Treasurer
		 	
		 		 		 	GUARANTORS:
				
	WITNESS:	 		 		 	II-VI DELAWARE, INC., a Delaware corporation; VLOC INCORPORATED, a Pennsylvania corporation; LIGHTWORKS OPTICAL SYSTEMS, INC., a California corporation; II-VI WIDE BAND GAP,
INC., a Pennsylvania corporation; MARLOW INDUSTRIES, INC., a Texas corporation; MAX LEVY AUTOGRAPH, INC., a Pennsylvania corporation; HIGHYAG LASERTECHNOLOGIE, INC., a Pennsylvania corporation; PHOTOP TECHNOLOGIES,
INC., a Delaware corporation PHOTOP AEGIS, INC., a Delaware corporation; M CUBED TECHNOLOGIES, INC., a Delaware corporation; II-VI DELAWARE HOLDINGS, INC., a Delaware corporation
						
	 /s/ Eric C. Springer
	 		 		 	By:	 	 /s/ Craig A. Creaturo
	 	(SEAL)
	Name:	 	Eric C. Springer, Esquire	 		 		 	Name:	 	Craig A. Creaturo
		 		 		 		 	Title:	 	Treasurer of each of the entities listed above, other than PHOTOP TECHNOLOGIES, INC. for which he is the Secretary

 REVOLVING CREDIT NOTE 

 

					
	$225,000,000	 		  	September 10, 2013

 FOR VALUE RECEIVED, the undersigned, II-VI Incorporated, a Pennsylvania corporation (the
“Borrower”), hereby unconditionally promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Lender”), the lesser of (i) the principal sum of Two Hundred
Twenty-Five Million and 00/100 Dollars (US$225,000,000), or (ii) the aggregate unpaid principal balance of all Revolving Credit Loans made by the Lender to the Borrower pursuant to Section 2.5.4
[Repayment of Revolving Credit Loans] of the Second Amended and Restated Credit Agreement, dated as of September 10, 2013, among the Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto and PNC
Bank, National Association, as administrative agent, (hereinafter referred to in such capacity as the “Administrative Agent”) (as amended, restated, modified, or supplemented from time to time, the “Credit
Agreement”), together with all outstanding interest thereon on the Expiration Date. 
 The Borrower shall pay interest on
the unpaid principal balance hereof from time to time outstanding from the date hereof at the rate or rates per annum specified by the Borrower pursuant to, or as otherwise provided in, the Credit Agreement. Subject to the provisions of the Credit
Agreement, interest on this Revolving Credit Note will be payable pursuant to Section 5.5 [Interest Payment Dates] of, or as otherwise provided in, the Credit Agreement. If any payment or action to be made or taken hereunder shall be stated to
be or become due on a day which is not a Business Day, such payment or action shall be made or taken on the next following Business Day, unless otherwise provided in the Credit Agreement, and such extension of time shall be included in computing
interest or fees, if any, in connection with such payment or action. Upon the occurrence and during the continuation of an Event of Default beyond the expiration of any applicable notice or cure period, and at the Administrative Agent’s
discretion or upon written demand by the Required Lenders, the Borrower shall pay interest on the entire principal amount of the then outstanding Revolving Credit Loans evidenced by this Revolving Credit Note and all other obligations due and
payable to the Lender pursuant to the Credit Agreement and the other Loan Documents at a rate per annum as set forth in Section 4.3 [Interest After Default] of the Credit Agreement. Such interest will accrue before and after any judgment has
been entered. 
 Subject to the provisions of the Credit Agreement, payments of both principal and interest shall be made without setoff,
counterclaim or other deduction of any nature at the office of the Administrative Agent located at 500 First Avenue, Pittsburgh, Pennsylvania 15219 unless otherwise directed in writing by the Administrative Agent, in lawful money of the United
States of America in immediately available funds. 
 This Revolving Credit Note is one of the Notes referred to in, and is entitled to the
benefits of, the Credit Agreement and the other Loan Documents, including the representations, 

 
warranties, covenants, conditions, security interests, if any, and Liens, if any, contained or granted therein. The Credit Agreement among other things contains provisions for acceleration of the
maturity hereof upon the happening of certain stated events and also for prepayments, in certain circumstances, on account of principal hereof prior to maturity upon the terms and conditions therein specified. The Borrower waives presentment,
demand, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Revolving Credit Note and the Credit Agreement. 

This Revolving Credit Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the
Lender and its successors and assigns. All references herein to the “Borrower” and the “Lender” shall be deemed to apply to the Borrower and the Lender, respectively, and their respective successors and assigns as permitted under
the Credit Agreement. 
 This Revolving Credit Note and any other documents delivered in connection herewith and the rights and obligations
of the parties hereto and thereto shall for all purposes be governed, by and construed and enforced in accordance with, the internal laws of the Commonwealth of Pennsylvania without giving effect to its conflicts of law principles. 

All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the Credit Agreement
and Section 1.2 [Construction] of the Credit Agreement shall apply to this Revolving Credit Note. 
 [SIGNATURE PAGE FOLLOWS]

  
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 [SIGNATURE PAGE 1 OF 1 - REVOLVING CREDIT NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the undersigned has executed this Revolving Credit Note by its duly authorized
officer as a document under seal. 
  

					
	II-VI INCORPORATED
			
	By:	 	/s/ Craig A. Creaturo	 	(SEAL)
	Name:	 	Craig A. Creaturo
	Title:	 	Treasurer

 SWING LOAN NOTE 
  

					
	$10,000,000	 		  	September 10, 2013

 FOR VALUE RECEIVED, the undersigned, II-VI Incorporated, a Pennsylvania corporation (the
“Borrower”), hereby unconditionally promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Swing Loan Lender”), the lesser of (i) the principal sum of Ten Million and 00/100 Dollars
(US$10,000,000), or (ii) the aggregate unpaid principal balance of all Swing Loans made by the Swing Loan Lender to the Borrower pursuant to the Second Amended and Restated Credit Agreement, dated as of September 10, 2013, among the
Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto, and the Swing Loan Lender, as administrative agent (hereinafter referred to in such capacity as the “Administrative Agent”) (as
amended, restated, modified, or supplemented from time to time, the “Credit Agreement”), payable with respect to each Swing Loan evidenced hereby on the earlier of (i) demand by the Swing Loan Lender or (ii) on the
Expiration Date. 
 The Borrower shall pay interest on the unpaid principal balance of each Swing Loan from time to time outstanding
from the date hereof at the rate per annum and on the date(s) provided in the Credit Agreement. Subject to the provisions of the Credit Agreement, interest on this Swing Loan Note will be payable pursuant to Section 5.5 [Interest Payment Dates]
of, or as otherwise provided in, the Credit Agreement. If any payment or action to be made or taken hereunder shall be stated to be or become due on a day which is not a Business Day, such payment or action shall be made or taken on the next
following Business Day, unless otherwise provided in the Credit Agreement, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action. Upon the occurrence and during the continuation
of an Event of Default beyond the expiration of any applicable notice or cure period, and at the Administrative Agent’s discretion or upon written demand by the Required Lenders, the Borrower shall pay interest on the entire principal amount of
the then outstanding Swing Loans evidenced by this Swing Loan Note at a rate per annum as set forth in Section 4.3 [Interest After Default] of the Credit Agreement. Such interest will accrue before and after any judgment has been entered. 

Subject to the provisions of the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim or other
deduction of any nature at the office of the Administrative Agent located at 500 First Avenue, Pittsburgh, Pennsylvania 15219, unless otherwise directed in writing by the holder hereof, in lawful money of the United States of America in immediately
available funds. 
 This Swing Loan Note is one of the Notes referred to in, and is entitled to the benefits of, the Credit Agreement and
the other Loan Documents, including the representations, warranties, covenants, conditions, security interests, if any, and Liens, if any, contained or granted therein. The Credit Agreement among other things contains provisions for acceleration of
the maturity hereof upon the happening of certain stated events and also for prepayments, in certain circumstances, on account of principal hereof prior to maturity upon the terms and conditions therein specified. The Borrower waives presentment,
demand, notice, protest and all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Swing Loan Note and the Credit Agreement. 

 The Borrower acknowledges and agrees that the Swing Loan Lender may at any time and in its sole
discretion demand payment of all amounts outstanding under this Swing Loan Note without prior notice to the Borrower. 
 This Swing Loan
Note shall bind the Borrower and its successors and assigns, and the benefits hereof shall inure to the benefit of the Swing Loan Lender and its successors and assigns. All references herein to the “Borrower” and the “Swing Loan
Lender” shall be deemed to apply to the Borrower and the Swing Loan Lender, respectively, and their respective successors and assigns as permitted under the Credit Agreement. 

This Swing Loan Note and any other documents delivered in connection herewith and the rights and obligations of the parties hereto and thereto
shall for all purposes be governed, by and construed and enforced in accordance with, the internal laws of the Commonwealth of Pennsylvania without giving effect to its conflicts of law principles. 

All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the Credit Agreement
and Section 1.2 [Construction] of the Credit Agreement shall apply to this Swing Loan Note. 
 [SIGNATURE PAGE FOLLOWS] 

  
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 [SIGNATURE PAGE 1 OF 1 - SWING LOAN NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound hereby, the undersigned has executed this Swing Loan Note by its duly authorized
officers as a document under seal. 
  

					
	II-VI INCORPORATED
			
	By:	 	 /s/ Craig A. Creaturo
	 	(SEAL)
	Name:	 	Craig A. Creaturo	 	
	Title:	 	Treasurer	 	

 TERM NOTE 
  

					
	$100,000,000	 		  	Pittsburgh, Pennsylvania
		 		  	September 10, 2013

 FOR VALUE RECEIVED, the undersigned, II-VI Incorporated, a Pennsylvania corporation (herein called the
“Borrower”), hereby unconditionally promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Lender”) the principal sum of One Hundred Million and 00/100 Dollars (US$100,000,000), pursuant to
Section 3.1 [Term Loan Commitments] of the Second Amended and Restated Credit Agreement dated as of September 10, 2013, among the Borrower, the Guarantors now or hereafter party thereto, the Lenders now or hereafter party thereto, and PNC
Bank, National Association, as administrative agent (hereinafter referred to in such capacity as the “Administrative Agent”), (as amended, restated, modified or supplemented, from time to time, the “Credit
Agreement”), payable to the Lender as follows: quarterly installments of principal in the amounts set forth in Section 3.2 [Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms] of the Credit Agreement. 

The Borrower shall pay interest on the unpaid principal balance hereof from time to time outstanding from the date hereof at the rate or rates
per annum specified by the Borrower pursuant to, or as otherwise provided in, the Credit Agreement. Subject to the provisions of the Credit Agreement, interest on this Term Note will be payable pursuant to Section 5.5 [Interest Payment Dates]
of, or as otherwise provided in, the Credit Agreement. If any payment or action to be made or taken hereunder shall be stated to be or become due on a day which is not a Business Day, such payment or action shall be made or taken on the next
following Business Day, unless otherwise provided in the Credit Agreement, and such extension of time shall be included in computing interest or fees, if any, in connection with such payment or action. Upon the occurrence and during the continuation
of an Event of Default beyond the expiration of any applicable notice or cure period, and at the Administrative Agent’s discretion or upon written demand by the Required Lenders, the Borrower shall pay interest on the entire principal amount of
the then outstanding Term Loans evidenced by this Term Note and all other obligations due and payable to the Lender pursuant to the Credit Agreement and the other Loan Documents at a rate per annum as set forth in Section 4.3 [Interest After
Default] of the Credit Agreement. Such interest will accrue before and after any judgment has been entered. 
 Subject to the provisions of
the Credit Agreement, payments of both principal and interest shall be made without setoff, counterclaim or other deduction of any nature at the office of the Administrative Agent located at 500 First Avenue, Pittsburgh, Pennsylvania 15219 unless
otherwise directed in writing by the Administrative Agent, in lawful money of the United States of America in immediately available funds. 

This Term Note is one of the Notes referred to in, and is entitled to the benefits of, the Credit Agreement and the other Loan Documents,
including the representations, warranties, covenants, conditions, security interests, if any, and Liens, if any, contained or granted therein. The Credit Agreement, among other things, contains provisions for acceleration of the maturity hereof upon
the happening of certain stated events and also for prepayments, in certain circumstances, on account of principal hereof prior to maturity upon the terms and conditions therein specified. The Borrower waives presentment, demand, notice, protest and
all other demands and notices in connection with the delivery, acceptance, performance, default or enforcement of this Term Note and the Credit Agreement. 

 This Term Note shall bind the Borrower and its successors and assigns, and the benefits hereof
shall inure to the benefit of the Lender and its successors and assigns. All references herein to the “Borrower” and the “Lender” shall be deemed to apply to the Borrower and the Lender, respectively, and their respective
successors and assigns as permitted under the Credit Agreement. 
 This Term Note and any other documents delivered in connection herewith
and the rights and obligations of the parties hereto and thereto shall for all purposes be governed by and construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania without giving effect to its conflicts of law
principles. 
 All capitalized terms used herein shall, unless otherwise defined herein, have the same meanings given to such terms in the
Credit Agreement and Section 1.2 [Construction] of the Credit Agreement shall apply to this Term Note. 
 [SIGNATURE PAGE FOLLOWS]

  
 2 

 [SIGNATURE PAGE - TERM NOTE] 

IN WITNESS WHEREOF, and intending to be legally bound, the undersigned has executed this Term Note by its duly authorized officer with the
intention that it constitute a sealed instrument. 
  

					
	II-VI INCORPORATED	 	
			
	By:	 	/s/ Craig A. Creaturo	 	(SEAL)
	Name:	 	Craig A. Creaturo	 	
	Title:	 	Treasurer	 	

 SCHEDULE 1.1(P) 

PERMITTED LIENS 
  

					
	1.	  	Debtor Name:	  	II-VI Incorporated
		  	Jurisdiction:	  	PA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Citibank, N.A.	  	2009021204742	  	2/12/09	  	All right, title and interest of II-VI Incorporated (“Supplier”) in and to all accounts and all other forms of obligations (“Accounts Receivable”) owing to Supplier by Rockwell Collins, Inc. (“Account
Debtor”) whether now existing or hereafter created, arising out of Supplier’s sale and delivery of goods and services to Account Debtor, to the extent such Accounts Receivable are purchased by Secured Party under that certain Supplier
Agreement between Secured Party and Supplier, as such agreement may be amended, supplemented or modified from time to time, and all collections thereon and proceeds thereof.	  	

  

					
	2.	  	Debtor Name:	  	II-VI Incorporated
		  	Jurisdiction:	  	PA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	COMDOC	  	2010080902809	  	8/9/10	  	 Nine (9) XEROX machines:
 WC77659 S/N RFX346687;
WC7755P S/N RFX000605; WC7428P S/N PBB014310; WC7435P S/N PBB014555; WC7435P S/N PBB014907; WC7435P S/N PBB013433; WC7435P S/N PBB013377; WC7435P S/N PBB013625; WC7435P S/N PBB013566
	  	

  

					
	3.	  	Debtor Name:	  	II-VI Incorporated
		  	Jurisdiction:	  	PA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	COMDOC	  	2011101304277	  	10/13/11	  	Five copiers/printers, accessories and proceeds (cash and non-cash), including the proceeds of all insurance policies thereof.	  	

					
	4.	  	Debtor Name:	  	II-VI Incorporated
		  	Jurisdiction:	  	PA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Timepayment Corporation	  	2011111804370	  	11/18/11	  	Three pure water systems (S/N 0638200980; 0633200170; 0819213255)	  	

  

					
	5.	  	Debtor Name:	  	II-VI Incorporated
		  	Jurisdiction:	  	PA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	COMDOC	  	2012073109890	  	7/31/12	  	Two copiers/printers, accessories and proceeds (cash and non-cash), including the proceeds of all insurance policies thereof.	  	

  

					
	6.	  	Debtor Name:	  	LightWorks Optical Systems, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Dell Financial Services, L.L.C.	  	107220097614	  	1/18/10	  	All computer equipment, peripherals, and other equipment (“Equipment”) wherever located, heretofore or hereafter financed by Exotic Electro-Optics, Inc. by Creditor pursuant to that certain revolving credit Account
#6879450205000261256, dated December 10, 2009 (the “Account”) and all of Lessee’s rights, title and interest in and to use any software and services (collectively “Software”) financed under and described in the Account,
along with any additions, financed amounts, modifications or supplements to the Account, and all substitutions, additions, accessions and replacements to the Equipment and Software, now or hereafter installed in, affixed to, or used in, conjunction
with the Equipment and Software and the proceeds thereof together will all payments, insurance proceeds, any refunds or credits obtained by Debtor from a manufacturer, licensor or service provider, or other proceeds and payments due and to become
due and arising from or relating to said Equipment, Software or the Account.	  	

					
	7.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	067086617162	  	9/28/06	  	This filing is in connection with a lease of Equipment as described below designated as Lease 0011819 Schedule 001 dated 09/28/06 between Debtor as Lessee and Secured Party as Lessor. (1) Zeeko 1RP200 Machine S/N #SYS 200-1009
including software; (1) Zeeko IRP400 Machine S/N #SYS 400-1018 Including all software and (1) NANOFORM 200	  	Continued on 8/10/11 (Filing No. 1172804210)

  

					
	8.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	077125484977	  	8/14/07	  	This filing is in connection with a lease of NANOTECH 450UPL ULTRA PRECISION FOUR AXIS CNC LATHE WITH FLAT VACUUM CHUCK 200MM DIAMETER S/N 2007-53-UPL designated as Lease Schedule No. 0011819002, dated 08/07/07 between Debtor as
Lessee and Secured Party as Lessor.	  	Continued on 7/18/12 (Filing No. 1273213120)

					
	9.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	077126323192	  	8/21/07	  	This filing is in connection with a lease of NANOFORM 250 ULTRA WITH UPX RETROFIT FOR N700 designated as Lease Schedule No. 0011819003, dated 08/07/2007 between Debtor as Lessee and Secured Party as Lessor.	  	Continued on 7/18/12 (Filing No. 1273213122)

  

					
	10.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	077130494904	  	9/26/07	  	This filing is in connection with a lease of equipment described below designated as Lease Schedule No. 0011819004, dated September 18, 2007 between Debtor as Lessee and Secured Party as Lessor. (1) AF-STD HAAS Coolant Filter
System; (1) VF-2SS HASS 5-Axis CNC Machining Center with Accessories S/N 1060321; (1) VQCPS HAAS Visual Quick Code Probing System; Includes Tool Setting probe, OMI; (1) tri605xb s/n 902128 INCLUDES: 1600MM Trunnlon Titling 2 Axis Rotary Table True 4th and 5th Axls	  	Continued on 8/9/12 (Filing No. 1273242928)

  

					
	11.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	127322976412	  	8/1/12	  	This filing is in connection with a lease of equipment described below designated as Lease Schedule No. 0011819006 dated July 26, 2012 between Debtor as Lessee and Secured Party as Lessor. Vendor: Carl Zeiss Industrial Metrology,
LLC (1) ACCURA CMM Bridge-Type Measuring Machine, 1200/2500/100 MASS, Serial Number 2011208810007; Includes Bridge-type CMM with stationary table, lateral Bridge drive, MASS Technology; All axes with 4-side bearing, Passive Vibration Isolation
System, Microprocessor Control, Temperature Compensation of the Workpiece (manual), System Integration; Vendor: Zygo Corporation; Verifire XPZ Interferometer, 4” S/N 12-26-652311R, System Controller S/N 5P1RBM1	  	

					
	12.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	CA – Secretary of State
		  	Search through date:	  	8/28/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	127329852989	  	9/21/12	  	This filing is in connection with a lease of equipment described below designated as Lease Schedule No. 00118190008 dated September 17, 2012 between Debtor as Lessee and Secured Party as Lessor. (1) Nonotech 45OUPL Ultra Precision
Lathe, Includes: Rotary B-Axis, Positioning Control, Optical Tool Setting System, Spraymist Lubrication System, Electronic Gage Head, Amplifier, Software, Removable Hard Drive, Riser, Tooling Plate, (1) Custom B-Axis Mount, (1) Upgrade existing
45OUPL Controller; (1) NanoCam 3D; (1) Arm, Prime, 8 ft., 6 ax, Serial Number R08021210352, (1) PlyWks/Inspt Probing (Node), (1) Ball, Tooling, Calibration 9MAKE FROM DOC.667; (1) TP-20 Kit-N-1046-7564 FOB ORIGIN	  	Amended on 9/27/12 (Filing No. 1273306880)

  

					
	13.	  	Debtor Name:	  	LightWorks Optics, Inc.
		  	Jurisdiction:	  	Orange County Recorder (CA)
		  	Search through date:	  	5/26/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Zions Credit Corporation	  	2012000472407	  	8/16/12	  	This is a fixture filing. This financing statement covers fixtures and is to be filed in the real estate records. The covered equipment is specifically listed, and the Legal Land description is as follows: Parcel #432-472-25, Tract
8590, Block Lot 48 UN. Physical address: 14192 Chambers Rd, Tustin, CA 92780	  	

					
	14.	  	Debtor Name:	  	Marlow Industries, Inc.
		  	Jurisdiction:	  	TX – Secretary of State
		  	Search through date:	  	8/22/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	EverBank Commercial Finance, Inc.	  	12-0016573247	  	5/23/12	  	Two Xerox 560 Color Copiers; One Xerox WC7545PT Copier; One Xerox WC5745APT Copier	  	

  

					
	15.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	Intech Funding Corp.	  	2008 1069291	  	3/27/08	  	One (1) Haas GR-712 Gantry Router located at 921 Main Street, Monroe, CT 06468	  	 Amended on 7/21/08 (Filing No. 2008 2493169)

Continued on 1/30/13 (Filing No. 20130401100);

  

					
	16.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	U.S. Bancorp Equipment Finance, Inc.	  	2010 1138852	  	4/2/10	  	One (1) Belmont SY-4050TG CNC High Speed EDM Drilling Machine	  	

  

					
	17.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	U.S. Bancorp Equipment Finance, Inc.	  	2010 2067803	  	6/14/10	  	One (1) Sodick Linear AQ560 LX (LN1W) Wire EDM	  	

					
	18.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	U.S. Bancorp Equipment Finance, Inc.	  	2010 2433542	  	7/13/10	  	One (1) Carl Zeiss Contura G2 RDS 1000/1200/600 CNC	  	

  

					
	19.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	MC Machinery Systems, Inc.	  	2011 0193568	  	1/19/11	  	One (1) new Mitsubishi High Speed EDM System model HC878 (Roku-Roku), together with all proceeds thereof	  	

  

					
	20.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	MC Machinery Systems, Inc.	  	2011 0197973	  	1/19/11	  	One (1) new Mitsubishi Roku Roku EDM System Model HC658-31I-ATC30 (0703)	  	

  

					
	21.	  	Debtor Name:	  	M Cubed Technologies, Inc.
		  	Jurisdiction:	  	DE – Secretary of State
		  	Search through date:	  	8/27/13
		  	Search Type:	  	UCC Debtor

  

									
	 Secured Party
	  	 File Number
	  	 File

Date
	  	 Collateral
	  	 Amendments/

Part. Releases

	PNC Equipment Finance, LLC	  	20132926682	  	7/29/13	  	This filing is in connection with a lease of Equipment as described below designated as Lease 0011819 Schedule 001 dated 09/28/06 between Debtor as Lessee and Secured Party as Lessor. 1 C232L-0044-9856CN New Clark Model C25C Lift
Truck; 1 C232L-0045-9856CN New Clark Model C25C Lift Truck; 1 P232L-0064-9878MP New Clark Model C30 Lift Truck	  	

 SCHEDULE 2.8.1 

OUTSTANDING LETTERS OF CREDIT 
  

															
	 Instrument Number
	  	 Beneficiary
	  	Issue Date	  	Expiry
Date	  	Currency Amount	 	  	USD
Amount	 
	 00262534-00
	  	Federal Insurance Company	  	2003-12-05	  	2014-10-14	  	$	680,000.00 USD	  	  	$	680,000.00	  
	 00901696-00
	  	Barclays Bank PLC	  	1998-10-09	  	2014-10-07	  	$	400,000.00 USD	  	  	$	400,000.00	  
	 01811877-00
	  	Zurich American Insurance Company	  	2012-12-14	  	2013-12-13	  	$	225,000.00 USD	  	  	$	225,000.00	  

 SCHEDULE 6.1.3 

SUBSIDIARIES 

Domestic Subsidiaries of II-VI Incorporated 
  

			
	Photop Aegis, Inc.	  	
	Jurisdiction:	  	Delaware
	Authorized Capital Stock:	  	1,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated
		
	LightWorks Optical Systems, Inc.	  	
	Jurisdiction:	  	California
	Authorized Capital Stock:	  	3,000,000 shares of common stock
	Issued and Outstanding Shares:	  	1,000 shares of common stock
	Owner:	  	II-VI Incorporated
		
	HIGHYAG Lasertechnologie, Inc.	  	
	Jurisdiction:	  	Pennsylvania
	Authorized Capital Stock:	  	1,000,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated
		
	II-VI Delaware, Inc.	  	
	Jurisdiction:	  	Delaware
	Authorized Capital Stock:	  	2,500 shares of common stock
	Issued and Outstanding Shares:	  	2,500 shares of common stock
	Owner:	  	II-VI Incorporated
		
	II-VI Delaware Holdings, Inc.	  	
	Jurisdiction:	  	Delaware
	Authorized Capital Stock:	  	1,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated
		
	II-VI Wide Band Gap, Inc.	  	
	Jurisdiction:	  	Pennsylvania
	Authorized Capital Stock:	  	1,000,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated
		
	Marlow Industries, Inc.	  	
	Jurisdiction:	  	Texas
	Authorized Capital Stock:	  	1,000,000 shares of common stock
	Issued and Outstanding Shares:	  	1,000 shares of common stock
	Owner:	  	II-VI Incorporated

			
	Max Levy Autograph, Inc.	  	
	Jurisdiction:	  	Pennsylvania
	Authorized Capital Stock:	  	200,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated
		
	M Cubed Technologies, Inc.	  	
	Jurisdiction:	  	Delaware
	Authorized Capital Stock:	  	1,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated
		
	Photop Technologies, Inc.	  	
	Jurisdiction:	  	California
	Authorized Capital Stock:	  	1,000,000 shares of common stock
	Issued and Outstanding Shares:	  	1,000 shares of common stock
	Owner:	  	II-VI Incorporated
		
	VLOC Incorporated	  	
	Jurisdiction:	  	Pennsylvania
	Authorized Capital Stock:	  	1,000,000 shares of common stock
	Issued and Outstanding Shares:	  	100 shares of common stock
	Owner:	  	II-VI Incorporated

 There are no options, warrants or other rights outstanding to purchase any domestic Subsidiary Shares,
Partnership Interests or LLC Interests. 
 Foreign Subsidiaries of II-VI Incorporated 

 

			
	Allied Rising Investment Limited	  	
	Jurisdiction:	  	Hong Kong
	Owner:	  	II-VI Holdings B.V.
		
	Photop AOFR Pty Limited	  	
	Jurisdiction:	  	Australian Capital Territory, Australia
	Owner:	  	Photop Aegis, Inc.
		
	II-VI U.K. Limited	  	
	Jurisdiction:	  	United Kingdom
	Owner:	  	II-VI Incorporated
		
	II-VI Japan Incorporated	  	
	Jurisdiction:	  	Japan
	Owner:	  	II-VI Incorporated

			
	II-VI Holdings B.V.	  	
	Jurisdiction:	  	The Netherlands
	Owner:	  	II-VI Incorporated
		
	II-VI Technologies (Beijing) Co., Ltd.	  	
	Jurisdiction:	  	China
	Owner:	  	II-VI Incorporated
		
	II-VI Deutschland Holdings GmbH	  	
	Jurisdiction:	  	Germany
	Owner:	  	II-VI Holdings B.V.
		
	II-VI Suisse S.a.r.l.	  	
	Jurisdiction:	  	Switzerland
	Owner:	  	II-VI Holdings B.V.
		
	II-VI Singapore Pte., Ltd.	  	
	Jurisdiction:	  	Singapore
	Owner:	  	II-VI Holdings B.V.
		
	Pacific Rare Specialty Metals & Chemicals, Inc.	  	
	Jurisdiction:	  	Philippines
	Owner:	  	II-VI Holdings B.V. (98.4204%)
		  	Heirs of Rodney Starr (1.5796%)
		
	Photop Technologies, Inc.	  	
	Jurisdiction:	  	Cayman Islands
	Owner:	  	II-VI Holdings B.V.
		
	Marlow Industries Europe GmbH	  	
	Jurisdiction:	  	Germany
	Owner:	  	II-VI Holdings B.V.
		
	II-VI Italia s.r.l.	  	
	Jurisdiction:	  	Italy
	Owner:	  	II-VI Holdings B.V.
		
	II-VI Photop Technologies Holding Pte. Ltd.	  	
	Jurisdiction:	  	Singapore
	Owner:	  	II-VI Holdings B.V.
		
	II-VI Deutschland GmbH	  	
	Jurisdiction:	  	Germany
	Owner:	  	II-VI Deutschland Holdings GmbH

			
	HIGHYAG Lasertechnologies GmbH	  	
	Jurisdiction:	  	Germany
	Owner:	  	II-VI Holdings B.V. (74.93%)
		  	Dr. Bjorn Wedel (25.07%)
		
	II-VI Optics (Suzhou) Co., Ltd.	  	
	Jurisdiction:	  	China
	Owner:	  	II-VI Singapore Pte., Ltd.
		
	II-VI Trading (Suzhou) Co. Ltd.	  	
	Jurisdiction:	  	China
	Owner:	  	II-VI Singapore Pte., Ltd.
		
	II-VI Vietnam Co. Ltd.	  	
	Jurisdiction:	  	Vietnam
	Owner:	  	II-VI Singapore Pte., Ltd.
		
	Photop Technologies Co., Limited	  	
	Jurisdiction:	  	Hong Kong
	Owner:	  	Photop Technologies, Inc. (Cayman Islands)
		
	Optimal Coatech (Guangzhou) Co., Ltd.	  	
	Jurisdiction:	  	China
	Owner:	  	Photop Technologies, Inc. (Cayman Islands)
		
	Photop Koncent, Inc.	  	
	Jurisdiction:	  	China
	Owner:	  	Photop Technologies, Inc. (Cayman Islands)
		
	Fuzhou Photop Technologies, Inc.	  	
	Jurisdiction:	  	China
	Owner:	  	Photop Technologies, Inc. (Cayman Islands)
		
	Photop Optics, Inc.	  	
	Jurisdiction:	  	China
	Owner:	  	Photop Technologies, Inc. (Cayman Islands)
		
	Photop Suwtech, Inc.	  	
	Jurisdiction:	  	China
	Owner:	  	Photop Technologies, Inc. (Cayman Islands)
		
	II-VI Benelux, N.V.	  	
	Jurisdiction:	  	Belgium
	Owner:	  	LightWorks Optical Systems, Inc. (99.99%)
		  	James Martinelli (0.01%)

			
	Marlow Industries Limited	  	
	Jurisdiction:	  	United Kingdom
	Owner:	  	Marlow Industries, Inc.
		
	Richly World Investment Limited	  	
	Jurisdiction:	  	Hong Kong
	Owner:	  	II-VI Delaware, Inc.
		
	Guangdong Fuxin Electric Technology Company	  	
	Jurisdiction:	  	China
	Owner:	  	Allied Rising Investment Limited (10.00%)
		  	Richly World Investment Limited (10.20%)
		  	23 citizens of the People’s Republic of China
		  	and Tun Sing International Development
		  	Limited (79.80%)
		
	Beijing Lasertech Co., Ltd.	  	
	Jurisdiction:	  	China
	Owner:	  	II-VI Technologies (Beijing) Co., Ltd.

 SCHEDULE 6.1.16 

INSURANCE POLICIES 
 See
Attached Insurance Certificates. 

 SCHEDULE 6.1.20 

ERISA MATTERS 
 None. 

 SCHEDULE 6.1.21 

ENVIRONMENTAL DISCLOSURES 
 Max Levy
Autograph, Inc. 
  

	1.	Notice of Significant Non-Compliance of Wastewater Discharge Permit sent by the City of Philadelphia Water Department dated April 24, 2009 due to Nickel in excess of permitted limits and failure to monitor as
required and was assessed and paid a fine in the amount of $4,200. 

  

	2.	Notice of Significant Non-Compliance of Wastewater Discharge Permit sent by the City of Philadelphia Water Department dated September 5, 2009 due to Lead, Nickel and Zinc in excess of permitted limits and was
assessed and paid a fine in the amount of $3,900. 

  

	3.	Installation and Operating Air Management Services Permits are required by the City of Philadelphia for each natural gas boiler and process vent located at 2710 Commerce Way, Philadelphia, Pennsylvania 19154. Max Levy
Autograph, Inc. is working with the City of Philadelphia to obtain all required Air Management Services Permits. 

 M Cubed Technologies,
Inc. 
  

	1.	M Cubed Technologies, Inc. has received the following notices from the Delaware Department of Natural Resources and Environmental Control: 

 

	 	(a)	Notice of Violation No. 12-HW-03, dated February 7, 2012, notifying M Cubed Technologies, Inc. of violation of Delaware’s Regulations Governing Hazardous Waste at One Tralee Industrial Park. Two used oil
drums were not labeled. 

  

	 	(b)	Notice of Violation No. 11-HW-15, dated April 15, 2011, notifying M Cubed Technologies, Inc. of violation of Delaware’s Regulations Governing Hazardous Waste at One Tralee Industrial Park. Spent aerosol
containers were unidentified and open, boxes of mercury used lamps were open/unmarked, oil barrels unmarked and stored in improper locations. Per that certain Return to Compliance Notice dated May 24, 2011, each of these violations have been
corrected to the satisfaction of the Delaware Department of Natural Resources and Environmental Control satisfaction. 

  

	 	(c)	Notice of Violations, dated March 27, 2009, notifying M Cubed Technologies, Inc. of failure to comply with existing permit conditions, including: (i) failure to notify the Department of Natural Resources and
Environmental Control of changes to equipment specifications, (ii) exceeding capacity limit of stack emissions and failure to correct within 48 hours, (iii) failure to display permit, and (iv) use of equipment not listed on permit.

	2.	As more particularly described in that certain ARCADIS environmental compliance assessment dated September 13, 2012, the following activities have occurred at M Cubed Technologies, Inc.’s facility located at
921 Main Street, Monroe, CT: 

  

	 	(a)	Monthly hazardous waste accumulations exceeded the limits placed on a registered Small Quantity Generator by Title 40 of the Code of Federal Regulations in 2010 and 2011. 

 

	 	(b)	A No Exposure Certification, verifying that all industrial materials and activities are protected by a storm resistant shelter to prevent exposure to rain, snow, snowmelt, run-on and run-off, was filed with the
Connecticut Department of Environmental Protection in May, 2011. Some exposures of pollutants to storm water were reported in contradiction of that No Exposure Certification. 

 

	3.	The following constitute all known instances of Regulated Substances present on, in, under or emanating from any of M Cubed Technologies, Inc.’s leased real property which have or could result in Contamination:

  

	 	(a)	As more particularly set forth in item (2)(b) above, certain pollutants were exposed to storm water at M Cubed Technologies, Inc.’s facility located at 921 Main Street, Monroe, CT, in contradiction to the
facility’s May, 2011, No Exposure Certification from the Connecticut Department of Environmental Protection. 

  

	 	(b)	Contaminated groundwater under M Cubed Technologies, Inc.’s facility located at 31 Pecks Lane, Newtown, CT, during occupancy by prior tenant. Contamination confirmed insignificant and contained by Contamination
Mediation Report dated February 5, 1999. 

  

	4.	As more particularly described in that certain ARCADIS environmental compliance assessment dated September 13, 2012, the following Required Environmental Notices have not been maintained at M Cubed Technologies,
Inc.’s facility located at 921 Main Street, Monroe, CT: 

  

	 	(a)	Toxic Release Inventory Determinations required by the Federal Emergency Planning and Community Right-to-Know Act were not submitted in 2010, 2011 or 2012. 

 

	 	(b)	Tier II reports of hazardous chemical inventories were not submitted to the Connecticut State Emergency Response Commission for 2010, 2011 or 2012, as required by the Federal Emergency Planning and Community
Right-to-Know Act. 

  

	 	(c)	Hazardous material registrations as required by Title 49 of the Code of Federal Regulations were not submitted to the Federal Department of Transportation for any years from 1999-2012. 

 

	 	(d)	Spill Prevention, Control and Countermeasure plan required by the Federal Clean Water Act for oil inventory greater than 1,320 gallons does not exist. 

 SCHEDULE 8.2.1 

PERMITTED INDEBTEDNESS 
 Outstanding
amounts as of June 30, 2013: 
 Line of Credit in favor of II-VI Singapore PTE, Ltd. from the Development Bank of Singapore (DSB) in
the maximum amount of $400,000 USD . The Line of Credit has not presently been drawn upon and there are no amounts due or outstanding at this time. 

Master Finance Lease by and between Zions Credit Corporation and LightWorks Optics, Inc., dated September 22, 2006 (Lease Number
0011819), and the Addendum to Master Finance Lease, dated September 22, 2006 (collectively, the “Master Finance Lease”) 

Equipment Schedule Number 0011819001, pursuant to the Master Finance Lease, by and between Zions Credit Corporation and LightWorks Optics,
Inc., dated December 26, 2006, with a monthly rent payment of $13,707.42. 
 Equipment Schedule Number 0011819002, pursuant to the
Master Finance Lease, by and between Zions Credit Corporation and LightWorks Optics, Inc., dated August 7, 2007, with a monthly rent payment of $4,806.73. 

Equipment Schedule Number 0011819003, pursuant to the Master Finance Lease, by and between Zions Credit Corporation and LightWorks Optics,
Inc., dated August 7, 2007, with a monthly rent payment of $4,558.26. 
 Equipment Schedule Number 0011819004, pursuant to the Master
Finance Lease, by and between Zions Credit Corporation and LightWorks Optics, Inc., dated September 18, 2007, with a monthly rent payment of $1,874.70. 

Equipment Schedule Number 0011819006, pursuant to the Master Finance Lease, by and between Zions Credit Corporation and LightWorks Optics,
Inc., dated July 26, 2012, with a monthly rent payment of $5,506.90. 
 Equipment Schedule Number 0011819008, pursuant to the Master
Finance Lease, by and between Zions Credit Corporation and LightWorks Optics, Inc., dated September 17, 2012, with a monthly rent payment of $7,076.75. 

 SCHEDULE 8.2.4 

EXISTING LOANS AND INVESTMENTS 

Outstanding amounts as of September 6, 2013: 
 1. 100
shares of Zygo Corporation common stock (Nasdaq: ZIGO) – US $1,478 market value (Cost basis – US $1,080). 

 SCHEDULE 8.2.9 

EXISTING INVESTMENTS IN 

PERMITTED JOINT VENTURES 
 Allied Rising
Investment Limited 
 Allied Rising Investment Limited owns a 10.0% interest in Guangdong Fuxin Electronic Technology Company under the terms of the
“Amended and Restated Joint Venture Contract of Guangdong Fuxin Electronic Technology Company” among 23 citizens of the People’s Republic of China, Tun Sing International Development Limited, Allied Rising Investment Limited and
Richly World Investment Limited dated June 3, 2008. The investment balance is $4,986,982.00 as of June 30, 2013. 
 Richly World Investment
Limited 
 Richly World Investment Limited owns a 10.2% interest in Guangdong Fuxin Electronic Technology Company under the terms of the “Amended
and Restated Joint Venture Contract of Guangdong Fuxin Electronic Technology Company” among 23 citizens of the People’s Republic of China, Tun Sing International Development Limited, Allied Rising Investment Limited and Richly World
Investment Limited dated June 3, 2008. The investment balance is $6,215,721.00 as of June 30, 2013.

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