Document:

EX-10.7

 Exhibit 10.7 

Execution Version 

INTERCOMPANY SUBORDINATION AGREEMENT 

THIS INTERCOMPANY SUBORDINATION AGREEMENT (this “Subordination Agreement”), dated as of August 9,
2018 is made among the companies from time to time party hereto (the “Companies”), and Deerfield ELGX Revolver, LLC, a Delaware limited liability company, as agent (in such capacity, together with its successors and
assigns in such capacity, the “Agent”) for the Lender Group (as defined in the below-defined Credit Agreement). 

WHEREAS, Endologix, Inc., a Delaware corporation (“Endologix”), each of its direct and indirect Subsidiaries set forth
on the signature pages thereto and any additional borrower that may be thereafter be added thereto (together with Endologix, the “Borrowers” and each individually, a “Borrower”), the lenders from time
to time party thereto (the “Lenders”) and Agent are parties to that certain Credit Agreement, dated as of even date herewith (as amended, restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”), pursuant to which the Lenders have provided Revolver Commitments and have made Loans and/or other financial accommodations to the Borrowers; 

WHEREAS, the Companies have entered into that certain Guaranty and Security Agreement, dated as of even date herewith (as amended, restated,
supplemented or otherwise modified from time to time, the “Guaranty and Security Agreement”), in favor of Agent, pursuant to which such Companies (together with any other Person (as defined in the below-defined Credit
Agreement) who is a “Guarantor,” as defined in the Credit Agreement, the “Guarantors;” the “Obligors”) have guaranteed the obligations (including any Liquidated Damages, any Applicable
Revolver Reduction Premium, the remaining Commitment Fee and the other Obligations) of the Borrowers and the other Companies under the Credit Agreement and the other Loan Documents; 

WHEREAS, each Company has made or may make certain loans or advances from time to time to one or more Obligors; and 

WHEREAS, in order to induce the Agent and the Lenders to make the Loans and other financial accommodations and provide for Revolver
Commitments under the Loan Documents, each Company has agreed to the subordination of such indebtedness of each Obligor to such Company, upon the terms and subject to the conditions set forth in this Subordination Agreement. 

NOW, THEREFORE, in consideration of the mutual promises, covenants, conditions, representations, and warranties set forth herein and for other
good and valuable consideration, the parties hereto agree as follows: 
 SECTION 1. Definitions; Interpretation. 

(a) Terms Defined in Credit Agreement. All capitalized terms used in this Subordination Agreement and not otherwise defined herein
shall have the meanings assigned to them in the Credit Agreement. 

 (b) Certain Defined Terms. As used in this Subordination Agreement, the following
terms shall have the following meanings: 
 “Discharge of Senior Indebtedness” means the payment in cash of all
amounts owing on account of the outstanding principal amount of the Loans and any other Obligations (including any Liquidated Damages, any Applicable Revolver Reduction Premium and the remaining Commitment Fee) owing by the Borrowers and the other
Loan Parties to the Lender Group pursuant to the Loan Documents and the termination of all of the Commitments; provided that the foregoing shall be subject to the second sentence of Section 17.07 of the Credit Agreement and
Section 10(b). 
 “Insolvency Events” has the meaning set forth in
Section 3. 
 “Intercompany Subordinated Debt” means, with respect to each Company, all
indebtedness, liabilities, and other obligations of each Obligor owing to such Company, whether now existing or hereafter arising, and whether due or to become due, absolute or contingent, liquidated or unliquidated, determined or undetermined,
including all fees and all other amounts payable by any Obligor to such Company under or in connection with any documents or instruments related thereto. 

“Intercompany Subordinated Debt Payment” means any payment or distribution by or on behalf of the Obligors, directly
or indirectly, of assets of the Obligors of any kind or character, whether in cash, property, or securities for or on account of the Intercompany Subordinated Debt, including on account of the purchase, redemption, or other acquisition of
Intercompany Subordinated Debt, as a result of a collection, sale, or other disposition of collateral, or by setoff, exchange, or in any other manner. 

“Senior Indebtedness” means the Obligations (as defined in the Credit Agreement) and other indebtedness and
liabilities of the Obligors to the Lender Group under or in connection with the Credit Agreement, the Guaranty and Security Agreement and/or the other Loan Documents, including any Liquidated Damages, any Applicable Revolver Reduction Premium, the
remaining Commitment Fee, all unpaid principal of the outstanding Loans, all interest accrued thereon (including all interest that, but for the provisions of the Bankruptcy Code, would have accrued), all fees due under the Credit Agreement and the
other Loan Documents (including all fees that, but for the provisions of the Bankruptcy Code, would have accrued), and all other amounts payable by the Obligors to the Agent and the other members of the Lender Group thereunder or in connection
therewith, whether now existing or hereafter arising, and whether due or to become due, absolute or contingent, liquidated or unliquidated, determined or undetermined. 

(c) Interpretation. Unless the context of this Subordination Agreement clearly requires otherwise, references to the plural include the
singular, references to the singular include the plural, the term “including” is not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or.” The words
“hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Subordination Agreement refer to this Subordination Agreement as a whole and not to any particular provision of this Subordination

  
 -2- 

 
Agreement. Section, subsection, clause, schedule, and exhibit references are to this Subordination Agreement unless otherwise specified. References to agreements and other contractual instruments
shall be deemed to include all subsequent amendments and other modifications thereto. References to statutes or regulations are to be construed as including all statutory and regulatory provisions consolidating, amending, or replacing the statute or
regulation referred to. The captions and headings are for convenience of reference only and shall not affect the construction of this Subordination Agreement. 

SECTION 2. Subordination to Payment of Senior Indebtedness. As to each Company, all payments on account of the Intercompany
Subordinated Debt shall be subject, subordinate, and junior, in right of payment and exercise of remedies, to the extent and in the manner set forth herein, to the prior Discharge of Senior Indebtedness. 

SECTION 3. Subordination Upon Any Distribution of Assets of the Obligors. As to each Company, in the event of any payment
or distribution of assets of any Obligor (the “Affected Obligor”) of any kind or character, whether in cash, property, or securities, upon the dissolution, winding up, or total or partial liquidation or reorganization,
readjustment, arrangement, or similar proceeding relating to such Obligor or its property, whether voluntary or involuntary, or in bankruptcy, insolvency, receivership, arrangement, or similar proceedings or upon an assignment for the benefit of
creditors, or upon any other marshaling or composition of the assets and liabilities of such Obligor, or otherwise (such events, other than any such events permitted by the Loan Documents, collectively, the “Insolvency
Events”): (i) the Discharge of Senior Indebtedness must have occurred before any Intercompany Subordinated Debt Payment is made by or on behalf of the Affected Obligor; and (ii) to the extent permitted by Applicable Law, any
Intercompany Subordinated Debt Payment to which such Company would be entitled except for the provisions hereof, shall be paid or delivered by the trustee in bankruptcy, receiver, assignee for the benefit of creditors, or other liquidating agent
making such payment or distribution directly to Agent, for the benefit of itself and the other members of the Lender Group, for application to the payment of the Senior Indebtedness in accordance with clause (i) and Section 2.03(f) of the
Credit Agreement, after giving effect to any concurrent payment or distribution or provision therefor to Agent or any other member of the Lender Group in respect of such Senior Indebtedness. 

SECTION 4. Payments on Intercompany Subordinated Debt. 

(a) Permitted Payments. So long as no Event of Default would result therefrom or has occurred and is continuing, each Obligor may make,
and each Company shall be entitled to accept and receive, payments on account of the Intercompany Subordinated Debt in the ordinary course of business and any other payment permitted by the Loan Documents, in each case, in accordance with the terms
of the Loan Documents. 
 (b) No Payment Upon Senior Indebtedness Defaults. Upon the occurrence of any Event of Default, and until
such Event of Default is cured or waived in accordance with the terms of the Credit Agreement, each Obligor shall not make, and each Company shall not accept or receive, any Intercompany Subordinated Debt Payment; provided, however,
notwithstanding the foregoing, (i) any Obligor may pay to the Borrowers, and the Borrowers may accept and 

  
 -3- 

 
receive payments on account of any Intercompany Subordinated Debt owed to the Borrowers so long as such payments are immediately remitted to a deposit account or securities account that is
subject to a Control Agreement and (ii) any Obligor that is not a Borrower may pay to a Guarantor, and a Guarantor may accept and receive payments on account of any Intercompany Subordinated Debt owed to such Guarantor so long as such payments
are immediately remitted to a deposit account or securities account that is subject to a Control Agreement; provided, further, that each Obligor shall be permitted to make any such payments missed due to the application of this
sentence upon the written waiver of any such Event of Default in accordance with the terms of the Credit Agreement. 
 SECTION 5.
Subordination of Remedies. Until the Discharge of Senior Indebtedness, following the occurrence of any Event of Default and until such Event of Default is cured or waived in accordance with the terms of the Credit Agreement, each Company
shall not, without the prior written consent of Agent: 
 (a) accelerate, make demand, or otherwise make due and payable prior to the
original due date thereof any Intercompany Subordinated Debt or bring suit or institute any other actions or proceedings to enforce its rights or interests in respect of the obligations of any Obligor owing to such Company; 

(b) exercise any rights under or with respect to guaranties of the Intercompany Subordinated Debt, if any; 

(c) exercise any rights to set-offs and counterclaims in respect of any indebtedness, liabilities, or
obligations of such Company to any Obligor against any of the Intercompany Subordinated Debt; or 
 (d) commence, or cause to be commenced,
or join with any creditor other than Agent and the other members of the Lender Group in commencing, any bankruptcy, insolvency, or receivership proceeding against any Obligor. 

SECTION 6. Payment Over to Agent. In the event that, notwithstanding the provisions of Section 3,
Section 4, and Section 5, any Intercompany Subordinated Debt Payments shall be received in contravention of Section 3, Section 4, or
Section 5 by any Company before the Discharge of Senior Indebtedness has occurred, such Intercompany Subordinated Debt Payments shall be held in trust for the benefit of Agent, for the benefit of itself and the other
members of the Lender Group, and shall be paid over or delivered to Agent, for the benefit of the itself and the other members of the Lender Group, for application to the payment, in full, in cash or Cash Equivalents of all Senior Indebtedness
remaining unpaid to the extent necessary to give effect to Section 3, Section 4, and Section 5 and to the extent necessary to cause a Discharge of Senior Indebtedness to
occur, after giving effect to any concurrent payments or distributions to Agent or any other members of the Lender Group in respect of the Senior Indebtedness. 

SECTION 7. Insolvency. 

  
 -4- 

 (a) Authorization to Agent. If, while any Intercompany Subordinated Debt is
outstanding, any Insolvency Event shall occur and be continuing with respect to any Obligor or its property: (i) Agent hereby is irrevocably authorized and empowered (in the name of each Company or otherwise), but shall have no obligation, to
demand, sue for, collect, and receive every payment or distribution in respect of the Intercompany Subordinated Debt owing by the Affected Obligor and give acquittance therefor and to file claims and proofs of claim (as set forth below in
Section 7(b)) and take such other action (including voting such Intercompany Subordinated Debt) as it may deem necessary or advisable for the exercise or enforcement of any of the rights or interests of Agent or any other member of the Lender
Group; and (ii) each Company shall promptly take such action as Agent reasonably may request (A) to collect the Intercompany Subordinated Debt owing by the Affected Obligor for the account of Agent and the other members of the Lender Group
and to file appropriate claims or proofs of claim in respect of the Intercompany Subordinated Debt, (B) to execute and deliver to Agent such powers of attorney, assignments, and other instruments as it may request to enable it to enforce any
and all claims with respect to such Intercompany Subordinated Debt, and (C) to collect and receive any and all Intercompany Subordinated Debt Payments owing by the Affected Obligor. 

(b) Rights in Insolvency Events. 

(i) Each of the Companies hereby authorizes and empowers the Agent, for the benefit of itself and the other members of the Lender Group, in
any Insolvency Event to file a proof of claim on behalf of such Company with respect to the Intercompany Subordinated Debt owing by the Affected Obligor (A) if such Company fails to file such proof of claim prior to thirty (30) days before
the expiration of the time period during which such claims must be submitted, or (B) if the Agent, exercising reasonable discretion, believes that any statements or assertions in a proof of claim filed by such Company are not consistent with
the terms and conditions hereof; provided, however, that any failure of the Agent to file such proof of claim shall not be deemed to be a waiver by the Agent of any of the rights and benefits granted herein by such Company. Each
Company shall provide the Agent with a copy of any proof of claim filed by such Company in any Insolvency Event. 
 (ii) Each Company
hereby irrevocably grants the Agent the sole and exclusive authority and power in any Insolvency Event, unless and until this Subordination Agreement is terminated in accordance with its terms: (A) to accept and receive any payment or
distribution which may be payable or deliverable at any time upon or in respect of the Intercompany Subordinated Debt owing by the Affected Obligor; and (B) to take such other action as may be necessary or advisable to effectuate the foregoing.
Each Company shall provide to the Agent all information and documents necessary to present claims or seek enforcement as described in the immediately preceding sentence. 

(iii) Each of the Companies hereby agrees that, while it shall retain the right to vote its claims and, except as otherwise provided in this
Subordination Agreement, otherwise act in any Insolvency Event relative to any Obligor (including, without limitation, the right to vote to accept or reject any plan of partial or complete liquidation, reorganization, arrangement, composition, or
extension), such Company shall not: (A) take any action or vote in any way so as to directly or indirectly challenge or contest (1) the validity or the enforceability of 

  
 -5- 

 
the Credit Agreement, the Guaranty and Security Agreement, the other Loan Documents, or the Liens and security interests granted to Agent with respect to the Senior Indebtedness, (2) the
rights and duties of Agent or the other members of the Lender Group established in the Credit Agreement, the Guaranty and Security Agreement or any other Loan Document, or (3) the validity or enforceability of this Subordination Agreement;
(B) seek, or acquiesce in any request, to dismiss any Insolvency Event or to convert an Insolvency Event under chapter 11 of the Bankruptcy Code to a case under chapter 7 of the Bankruptcy Code; (C) seek, or acquiesce in any request for,
the appointment of a trustee or examiner with expanded powers for any Obligor; (D) propose, vote in favor of or otherwise approve a plan of reorganization, arrangement or liquidation, or file any motion or pleading in support of any plan of
reorganization, arrangement or liquidation, unless it provides for the Discharge of Senior Indebtedness or unless Agent has approved of the treatment of its claims with respect to the Senior Indebtedness under such plan; (E) object to the
treatment under a plan of reorganization or arrangement of Agent’s claims with respect to the Senior Indebtedness; (F) seek relief from the automatic stay of Section 362 of the Bankruptcy Code or any other stay in any Insolvency Event
in respect of any portion of the Collateral; or (G) directly or indirectly oppose any relief requested or supported by Agent, on behalf of the itself and the other members of the Lender Group, including any sale or other disposition of property
free and clear of the Liens and security interests of any Company under Section 363(f) of Title 11 of the United States Code or any other similar provision of Applicable Law. 

SECTION 8. Certain Agreements of Each Company. 

(a) No Benefits. Each Company understands that there may be various agreements between Agent, the other members of the Lender Group and
the Obligors evidencing and governing the Senior Indebtedness, and each Company acknowledges and agrees that (except to the extent provided in any such agreement) such agreements are not intended to confer any benefits on such Company and that
neither Agent nor any other member of the Lender Group shall have any obligation to such Company (except to the extent expressly provided in any such agreement) or any other Person to exercise any rights, enforce any remedies, or take any actions
which may be available to them under such agreements. 
 (b) No Interference. Each Company acknowledges that each Obligor has granted
to Agent, for the benefit of the members of the Lender Group, security interests in all of such Obligor’s assets, and agrees not to interfere with or in any manner oppose a disposition of any Collateral by Agent in accordance with Applicable
Law. 
 (c) Reliance by Agent and the Other Members of the Lender Group. Each Company acknowledges and agrees that Agent and the
other members of the Lender Group will have relied upon and will continue to rely upon the subordination provisions provided for herein and the other provisions hereof in entering into the Loan Documents (including in amending and restating certain
of the Prior Loan Documents) and making or issuing the Loan. 
 (d) Waivers. Each Company hereby waives any and all notice of the
incurrence of the Senior Indebtedness or any part thereof and any right to require marshaling of assets. 

  
 -6- 

 (e) Rights of Agent and the Other Members of the Lender Group Not Affected. Each
Company hereby agrees that at any time and from time to time, without notice to or the consent of such Company, without incurring responsibility to such Company, and without impairing or releasing the subordination provided for herein or otherwise
impairing the rights of Agent or any other members of the Lender Group hereunder, (i) the time for any Obligor’s performance of or compliance with any of its agreements contained in the Loan Documents may be extended or such performance or
compliance may be waived by Agent and/or the Lenders (in accordance with the Loan Documents); (ii) the agreements of any Obligor with respect to the Loan Documents may from time to time be modified by such Obligor, Agent and the Lenders (in
accordance with the Loan Documents) for the purpose of adding any requirements thereto or changing in any manner the rights and obligations of such Obligor, Agent or the Lenders thereunder; (iii) the manner, place, or terms for payment of
Senior Indebtedness or any portion thereof may be altered or the terms for payment extended, or the Senior Indebtedness may be renewed in whole or in part; (iv) the maturity of the Senior Indebtedness may be accelerated in accordance with the
terms of any present or future agreement by any Obligor, Agent and the Lenders (in accordance with the Loan Documents); (v) any Collateral may be sold, exchanged, released, or substituted in accordance with the Loan Documents and any Lien in
favor of Agent or any other members of the Lender Group may be terminated, subordinated, or fail to be perfected or become unperfected; (vi) any Person liable in any manner for Senior Indebtedness may be discharged, released, or substituted;
and (vii) all other rights against the Obligors, any other Person, or with respect to any Collateral may be exercised (or Agent or any other members of the Lender Group may waive or refrain from exercising such rights in accordance with the
Loan Documents). 
 (f) Rights of Agent and the Other Members of the Lender Group Not to Be Impaired. No right of Agent or any other
members of the Lender Group to enforce the subordination provided for herein or to exercise its other rights hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act by any Company, Agent or any other members of
the Lender Group hereunder or under or in connection with the other Loan Documents or by any noncompliance by any Company with the term and provisions and covenants herein or in any other Loan Document, regardless of any knowledge thereof Agent or
any other member of the Lender Group may have or otherwise be charged with. 
 (g) Financial Condition of the Obligors. Except as
provided under the Credit Agreement, no Company shall have any right to require Agent or any other member of the Lender Group to obtain or disclose any information with respect to: (i) the financial condition or character of any Obligor or the
ability of the Obligors to pay and perform Senior Indebtedness; (ii) the Senior Indebtedness; (iii) the Collateral or other security for any or all of the Senior Indebtedness; (iv) the existence or nonexistence of any guarantees of,
or any other subordination agreements with respect to, all or any part of the Senior Indebtedness; (v) any action or inaction on the part of Agent, any other member of the Lender Group or any other Person; or (vi) any other matter, fact,
or occurrence whatsoever. 
 (h) Acquisition of Liens or Guaranties. No Company shall, without the prior written consent of Agent,
acquire any right or interest in or to any Collateral not owned by such 

  
 -7- 

 
Company or accept any guaranties for the Intercompany Subordinated Debt, except as expressly permitted by the Loan Documents. 

(i) Release of Liens. In the event of any private or public sale or other disposition of all or any portion of the Collateral by or
with the consent of the Agent in accordance with the Loan Documents, or as otherwise permitted by the Credit Agreement, at any time prior to the date upon which the Discharge of Senior Indebtedness shall have occurred, each Company agrees that such
sale or disposition will be free and clear of the Liens and security interests securing the Intercompany Subordinated Debt (if any) of such Company and, if the sale or other disposition includes Stock in any Obligor, such Company agrees to release
the Persons whose Stock is sold or disposed of from all Intercompany Subordinated Debt so long as the Agent also releases the Persons whose Stock is sold or disposed of from all Senior Indebtedness. In furtherance thereof, each Company agrees that
(i) the Agent is authorized to file any and all UCC Lien releases and/or terminations of the Liens and security interests held by such Company in connection with such a sale or other disposition, and (ii) it will execute any and all Lien
and security interest releases or other documents reasonably requested by the Agent in connection therewith. 
 SECTION 9. Subrogation,
etc. 
 (a) Subrogation. Until Discharge of the Senior Indebtedness and the full payment and satisfaction of all Obligations,
subject to Section 10(b), each Company hereby waives any and all rights that it may acquire by way of subrogation under this Subordination Agreement, by reason of any payment or distribution to Agent or any other member of
the Lender Group hereunder or otherwise. 
 (b) Payments Over to the Companies. If any payment or distribution to which any Company
would otherwise have been entitled but for the provisions of Section 3, Section 4, or Section 5 shall have been applied pursuant to the provisions of
Section 3, Section 4, or Section 5 to the payment of all amounts payable under the Senior Indebtedness, subject to Section 10(b), such Company
shall be entitled to receive from Agent or any other member of the Lender Group, as the case may be, any payments or distributions received by such Person in excess of the amount sufficient to cause the Discharge of Senior Indebtedness. If any such
excess payment is made to Agent or any Lender, such Person shall promptly remit such excess to such Company and until so remitted shall hold such excess payment for the benefit of such Company. 

SECTION 10. Continuing Agreement; Reinstatement. 

(a) Continuing Agreement. This Subordination Agreement is a continuing agreement of subordination and shall continue in effect and be
binding upon each Company until the Discharge of Senior Indebtedness has occurred. The subordinations, agreements, and priorities set forth herein shall remain in full force and effect regardless of whether any party hereto in the future seeks to
rescind, amend, terminate, or reform, by litigation or otherwise, its respective agreements with any other Company. 

  
 -8- 

 (b) Reinstatement. If any member of the Lender Group receives payment or property on
account of the Senior Indebtedness, and the payment is subsequently invalidated, avoided, declared to be fraudulent or preferential, set aside, or otherwise required to be transferred to a trustee, receiver, an Obligor, an estate of an Obligor or
any other Person (a “Recovery”), then, to the extent of the Recovery, the Senior Indebtedness intended to have been satisfied by such payment or property will be reinstated as Senior Indebtedness on the date of the Recovery, and no
Discharge of Senior Indebtedness will be deemed to have occurred for all purposes hereunder. If this Subordination Agreement is terminated prior to a Recovery, this Subordination Agreement will be automatically reinstated in full force and effect,
and such prior termination will not diminish, release, discharge, impair, or otherwise affect the obligations of the parties hereto from (or prior to) the date of reinstatement. Upon any such reinstatement of Senior Indebtedness, the Companies will
deliver to Agent any payments, other amounts or property (or proceeds thereof) received between the date of Discharge of Senior Indebtedness and the Recovery. The Companies may not benefit from a Recovery, and any distribution, payment or transfer
made to any Company as a result of a Recovery will be paid or transferred over to Agent immediately upon the occurrence of such Recovery for application to (and/or the benefit of) Senior Indebtedness. 

SECTION 11. Transfer of Intercompany Subordinated Debt. No Company may assign or transfer its rights and obligations in respect of the
Intercompany Subordinated Debt, except as expressly permitted by the Loan Documents, without the prior written consent of Agent, and any such transferee or assignee, as a condition to acquiring an interest in the Intercompany Subordinated Debt shall
agree to be bound hereby, in form satisfactory to Agent. Any prohibited assignment or transfer by any Company shall be void ab initio. 

SECTION 12. Obligations of the Obligors Not Affected. The provisions of this Subordination Agreement are intended solely for the
purpose of defining the relative rights of each Company against the Obligors, on the one hand, and of Agent and the other members of the Lender Group against the Obligors, on the other hand. Nothing contained in this Subordination Agreement shall
(i) impair, as between each Company and each Obligor, the obligation of such Obligor to pay its respective obligations with respect to the Intercompany Subordinated Debt as and when the same shall become due and payable, or (ii) otherwise
affect the relative rights of each Company against each Obligor, on the one hand, and of the creditors (other than Agent and the other members of the Lender Group) of the Obligors against the Companies, on the other hand. 

SECTION 13. Endorsement of Documents; Further Assurances and Additional Acts. 

(a) Endorsement of Documents. At the request of Agent, all documents, agreements and instruments evidencing any of the Intercompany
Subordinated Debt, if any, shall be endorsed with a legend noting that such documents and instruments are subject to this Subordination Agreement, and each Company shall promptly deliver to Agent evidence of the same. 

  
 -9- 

 (b) Further Assurances and Additional Acts. Each Company shall execute, acknowledge,
deliver, file, notarize, and register at its own expense all such further agreements, instruments, certificates, financing statements, documents, and assurances, and perform such acts as Agent reasonably shall deem necessary or appropriate to
effectuate the purposes of this Subordination Agreement, and promptly provide Agent with evidence of the foregoing reasonably satisfactory in form and substance to Agent. 

SECTION 14. Notices. All notices and other communications provided for hereunder shall, unless otherwise stated herein, be in writing
(including by facsimile or other electronic method of transmission) and shall be mailed, sent, or delivered in accordance with the notice provisions contained in the Credit Agreement. 

SECTION 15. No Waiver; Cumulative Remedies. No failure on the part of Agent or any other member of the Lender Group to exercise, and no
delay in exercising, any right, remedy, power, or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, remedy, power, or privilege preclude any other or further exercise thereof or the
exercise of any other right, remedy, power, or privilege. The rights and remedies under this Subordination Agreement are cumulative and not exclusive of any rights, remedies, powers, and privileges that may otherwise be available to Agent or any
other member of the Lender Group. 
 SECTION 16. Survival. All covenants, agreements, representations and warranties made in this
Subordination Agreement shall, except to the extent otherwise provided herein, survive the execution and delivery of this Subordination Agreement, and shall continue in full force and effect until the Discharge of Senior Indebtedness has occurred.

 SECTION 17. Benefits of Agreement. This Subordination Agreement is entered into for the sole protection and benefit of the parties
hereto (and the benefit of the members of the Lender Group that are not party hereto) and their permitted successors and assigns, and no other Person shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action
or claim in connection with, this Subordination Agreement. 
 SECTION 18. Binding Effect. This Subordination Agreement shall be
binding upon, inure to the benefit of and be enforceable by each Company, Agent, each other member of the Lender Group and their respective permitted successors and permitted assigns. 

SECTION 19. GOVERNING LAW. ALL QUESTIONS CONCERNING THE CONSTRUCTION, VALIDITY, ENFORCEMENT AND INTERPRETATION OF THIS SUBORDINATION
AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED IN SUCH STATE. 

SECTION 20. SUBMISSION TO JURISDICTION. Each party hereto agrees that all legal proceedings concerning the interpretations, enforcement
and defense of the transactions contemplated by this Subordination Agreement (whether brought against a party hereto or its respective Affiliates, directors, officers, shareholders, employees or agents) shall be

  
 -10- 

 
commenced exclusively in the state and federal courts sitting in the City of New York, Borough of Manhattan. Each party hereto hereby irrevocably submits to the exclusive jurisdiction of the
state and federal courts sitting in the City of New York, borough of Manhattan for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein, and hereby irrevocably waives,
and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, or that such suit, action or proceeding is improper or is an inconvenient venue for such proceeding. Each
party hereto hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of
delivery) to such party at the address in effect for notices to it under this Subordination Agreement and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed
to limit in any way any right to serve process in any other manner permitted by law. THE PARTIES HERETO, TO THE EXTENT PERMITTED BY APPLICABLE LAW, WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING ARISING OUT OF, IN CONNECTION
WITH OR RELATING TO, THIS SUBORDINATION AGREEMENT AND ANY TRANSACTION CONTEMPLATED HEREBY. THIS WAIVER APPLIES TO ANY ACTION, SUIT OR PROCEEDING WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE. EACH PARTY HERETO (A) CERTIFIES THAT NO OTHER
PARTY AND NO AGENT, REPRESENTATIVE OR OTHER PERSON AFFILIATED WITH OR RELATED TO ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS SUBORDINATION AGREEMENT BY THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 20. 

SECTION 21. Entire Agreement; Amendments and Waivers. 

(a) Entire Agreement. This Subordination Agreement constitutes the entire agreement of each of the Companies, Agent and each of the
other member of the Lender Group with respect to the matters set forth herein and supersedes any prior agreements, commitments, draft, communications, discussions and understandings, oral or written, with respect thereto. 

(b) Amendments and Waivers. No amendment, restatement or other modification to any provision of this Subordination Agreement shall in
any event be effective unless the same shall be in writing and signed by each of the Companies and Agent; and no waiver of any provision of this Subordination Agreement, or consent to any departure by any Company therefrom, shall in any event be
effective unless the same shall be in writing and signed by Agent. Any such amendment, restatement, other modification waiver, or consent shall be effective only in the specific instance and for the specific purpose for which given. 

SECTION 22. Conflicts. In case of any conflict or inconsistency between any terms of this Subordination Agreement, on the one hand, and
any documents, agreement or 

  
 -11- 

 
instruments in respect of the Intercompany Subordinated Debt, on the other hand, then the terms of this Subordination Agreement shall control. 

SECTION 23. Severability. Whenever possible, each provision of this Subordination Agreement shall be interpreted in such manner as to
be effective and valid under all Applicable Laws and regulations. If, however, any provision of this Subordination Agreement shall be prohibited by or invalid under any such Applicable Law or regulation in any jurisdiction, it shall, as to such
jurisdiction, be deemed modified to conform to the minimum requirements of such Applicable Law or regulation, or, if for any reason it is not deemed so modified, it shall be ineffective and invalid only to the extent of such prohibition or
invalidity without affecting the remaining provisions of this Subordination Agreement or the validity or effectiveness of such provision in any other jurisdiction. 

SECTION 24. Interpretation. This Subordination Agreement is the result of negotiations between, and has been reviewed by the respective
counsel to, the Companies, Agent and each other member of the Lender Group and is the product of all parties hereto. Accordingly, this Subordination Agreement shall not be construed against Agent or any other member of the Lender Group merely
because of their involvement in the preparation hereof. 
 SECTION 25. Counterparts. This Subordination Agreement may be executed in
several counterparts, and by each party hereto on separate counterparts, each of which and any photocopies, facsimile copies and other electronic methods of transmission thereof shall be deemed an original, but all of which together shall constitute
one and the same agreement.. 
 SECTION 26. Termination of Agreement. Subject to Section 10(b), upon the
Discharge of Senior Indebtedness, this Subordination Agreement shall terminate and Agent shall promptly, upon the request of the Borrowers and at the sole expense of the Borrowers, execute and deliver to the Borrower Representative such documents
and instruments as shall be reasonably necessary to evidence such termination. 
 [Signature page follows.] 

 

  
 -12- 

 IN WITNESS WHEREOF, the undersigned have executed and delivered this Subordination Agreement
as of the date first written above. 
  

			
	ENDOLOGIX, INC., a Delaware corporation, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer

	
	CVD/RMS ACQUISITION CORP., a Delaware corporation, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

	
	NELLIX, INC., a Delaware corporation, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

	
	TRIVASCULAR TECHNOLOGIES, INC., a Delaware corporation, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

 [Signature Page to Intercompany Subordination Agreement] 

 
			
	TRIVASCULAR, INC., a California corporation, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

	
	ENDOLOGIX CANADA, LLC, a Delaware limited liability company, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

	
	 TRIVASCULAR SALES LLC,
 a
Texas limited liability company, as a Company and an Obligor

		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

	
	RMS/ENDOLOGIX SIDEWAYS MERGER CORP., a Delaware corporation, as a Company and an Obligor
		
	By:	 	/s/ Vaseem Mahboob
		 	 Name: Vaseem Mahboob

		 	 Title:   Chief Financial Officer and Secretary

 [Signature Page to Intercompany Subordination Agreement] 

 
			
	 DEERFIELD ELGX REVOLVER, LLC,

	 as Agent

	
	 By: Deerfield Management Company, L.P.

(Series C), Manager

	
	By: Flynn Management LLC, General Partner
		
	By:	 	/s/ David J. Clark
	Name:	 	David J. Clark
	Title:	 	Authorized Signatory

 [Signature Page to Intercompany Subordination Agreement]EX-10.8

 Exhibit 10.8 

INTERCREDITOR AGREEMENT 

This INTERCREDITOR AGREEMENT, is dated as of August 9, 2018 (as amended, restated, supplemented or otherwise modified from time to
time, this “Agreement”), and entered into by and between (i) Deerfield Private Design Fund IV, L.P., in its capacity as agent for the Facility Secured Parties (as defined below), including its successors and assigns in such
capacity from time to time (“Facility Agent”), and (ii) Deerfield ELGX Revolver, LLC, in its capacity as administrative agent for the ABL Secured Parties (as defined below), including its successors and assigns in such capacity
from time to time and any “Third Party Agent” (as defined in the below-defined Facility Agreement) during any “Third Party Agent Retention Period” (as defined in the below-defined Facility Agreement) (“ABL
Agent”). Capitalized terms used in this Agreement have the meanings assigned to them in Section 1 below or elsewhere in this Agreement. 

RECITALS 
 WHEREAS,
Endologix, Inc., a Delaware corporation (“Endologix”), certain of the Subsidiaries of Endologix party thereto from time to time as “Loan Parties” (such Subsidiaries, together with Endologix, the “Facility Loan
Parties”), the lenders party thereto from time to time (such lenders, together with their successors and assigns, the “Facility Lenders”) and Facility Agent, have entered into that certain Amended and Restated Facility
Agreement, dated as of the date hereof (as amended, restated, supplemented, modified, replaced or refinanced from time to time, the “Facility Agreement”), providing for, among other things, amendments and restatements to the terms
of the prior facility agreement and permitting the term loans previously made to Endologix to remain outstanding; 
 WHEREAS,
Endologix, certain of the Subsidiaries of Endologix party thereto from time to time as “Borrowers” (such Subsidiaries, together with Endologix, the “ABL Borrowers”), the lenders party thereto from time to time (such
lenders, together with their successors and assigns, the “ABL Lenders”) and ABL Agent, have entered into that certain Credit and Security Agreement, dated as of the date hereof (as amended, restated, supplemented, modified, replaced
or refinanced from time to time, the “ABL Agreement”), providing for, among other things, a revolving credit facility to be available to the ABL Borrowers; 

WHEREAS, the obligations of Endologix and its applicable Subsidiaries under the Facility Agreement and the other Facility Documents (as
defined below) and the ABL Agreement and the other ABL Documents (as defined below) are secured by Liens (as defined below) on substantially all of the assets of Endologix and such Subsidiaries, including the Collateral (as defined below); 

WHEREAS, the Facility Documents and the ABL Documents provide, among other things, that the parties thereto shall set forth in this
Agreement their respective rights and remedies with respect to certain repayment provisions and the Collateral; 
 WHEREAS, in order
to induce Facility Agent and the Facility Secured Parties to consent to the Grantors (as defined below) incurring the ABL Obligations (as defined below) and to induce the Facility Lenders to extend credit and other financial accommodations and lend
monies to or for the benefit of Endologix, ABL Agent (on behalf of the ABL Secured Parties) has agreed to the intercreditor arrangements and other terms and provisions set forth in this Agreement; and 

WHEREAS, in order to induce ABL Agent and the other ABL Secured Parties to consent to the Grantors incurring the Facility Obligations
and to induce the ABL Lenders to extend credit and other financial accommodations and lend monies to or for the benefit of the ABL Borrowers, Facility Agent (on 

 
behalf of the Facility Secured Parties) has agreed to the intercreditor arrangements and other terms and provisions set forth in this Agreement. 

AGREEMENT 
 NOW,
THEREFORE, in consideration of the foregoing, the mutual covenants and obligations herein set forth and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto, intending to be
legally bound, hereby agree as follows: 
 SECTION 1. DEFINITIONS. 

1.1. Defined Terms. As used in this Agreement (including the Preamble and the Recitals), the following terms shall have the following
meanings: 
 “ABL Agent” has the meaning assigned to such term in the Preamble to this Agreement. 

“ABL Agreement” has the meaning assigned to such term in the Recitals to this Agreement. 

“ABL Borrowers” has the meaning assigned to such term in the Recitals to this Agreement. 

“ABL Collateral” means the “Collateral” (as defined in the ABL Agreement) and all other assets and
property pledged (or purported to be pledged) or granted a Lien on (or purported to be granted a Lien on) by the ABL Loan Parties to (and on behalf of) the ABL Secured Parties under the ABL Documents. 

“ABL Documents” means the ABL Agreement, the other “Loan Documents” (as defined in the ABL
Agreement) and all other agreements, instruments and documents related to the ABL Agreement, as amended, restated, supplemented or otherwise modified from time to time. 

“ABL Event of Default” means any “Event of Default” (as defined in ABL Agreement). 

“ABL/First Out Waterfall Loans” means the ABL Loans and the First Out Waterfall Loans, as the context may so
require 
 “ABL/First Out Waterfall Secured Party” means any ABL Secured Party and any First Out Waterfall
Secured Party, as the context may so require 
 “ABL/First Out Waterfall Secured Parties Pro Rata
Share” means, as of any date of determination, (a) with respect to any ABL/First Out Waterfall Secured Party receiving any payments, repayments, redemptions, prepayments or distributions under this Agreement, the percentage obtained by
dividing (i) the outstanding principal amount of the ABL/First Out Waterfall Loans of such ABL/First Out Waterfall Secured Party by (ii) the sum of the aggregate outstanding principal amount of all ABL/First Out Waterfall Loans of all
ABL/First Out Waterfall Secured Parties; and (b) with respect to any other purpose with respect to any ABL/First Out Waterfall Secured Party, the percentage obtained by dividing (i) the outstanding principal amount of the ABL/First Out
Waterfall Loans and, to the extent applicable, the remaining available ABL Revolving Loan Commitments at such time of any such ABL/First Out Secured Party that is also an ABL Secured Party by (ii) the sum of the aggregate outstanding principal
amount of all ABL/First Out Waterfall Loans and all remaining available ABL Revolving Loan Commitments of all ABL/First Out Waterfall Secured Parties that are also ABL Secured Parties. 

  
 2 

 “ABL Lenders” has the meaning assigned to such term in the
Recitals to this Agreement. 
 “ABL Liens” means all Liens pledged (or purported to be pledged) or granted
(or purported to be granted) to the ABL Secured Parties under the ABL Documents on the Collateral securing the ABL Obligations. 

“ABL Loan Parties” means the ABL Borrowers and the other “Loan Parties” (as defined in the ABL
Agreement). 
 “ABL Loans” means the “Loans” (as defined in the ABL Agreement). 

“ABL Obligations” means all “Obligations” (as defined in the ABL Agreement) and all other
indebtedness, liabilities and other obligations owed or incurred by the ABL Loan Parties under the ABL Documents, including all interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue)
after commencement of an Insolvency or Liquidation Proceeding in accordance with the rate specified in the relevant ABL Document whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. 

“ABL Required Lenders” means the “Required Lenders” (as defined in the ABL Agreement). 

“ABL Revolving Loan Commitments” means the “Revolver Commitments” (as defined in the ABL Agreement).

 “ABL Secured Parties” means ABL Agent, the ABL Lenders, the “Indemnified Persons” (as defined
in the ABL Agreement), the other members of the “Lender Group” (as defined in the ABL Agreement) and any other holders of the ABL Obligations. 

“Affiliate” means, with respect to any Person, (a) any Person that directly or indirectly controls such
Person, (b) any Person which is controlled by or is under common control with such controlling Person, and (c) each of such Person’s (other than, with respect to any Lender, any Lender’s) officers or directors (or Persons
functioning in substantially similar roles) and the spouses, parents, descendants and siblings of such officers, directors or other Persons. As used in this definition, the term “control” of a Person means the possession, directly or
indirectly, of the power to vote five percent (5%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by
contract or otherwise. Notwithstanding the foregoing, no Secured Party shall be deemed to be an Affiliate of any Grantor. 

“Agent” means ABL Agent and Facility Agent, as the context may so require. 

“Agreement” has the meaning assigned to such term in the Preamble to this Agreement. 

“Application Event” means the occurrence of (a) a failure by the Grantors to repay all of the Obligations
(other than (y) unasserted contingent indemnification obligations and (z) those Obligations under any Warrant or the Registration Rights Agreement that are not (or do not become) due or payable on the maturity date of such Obligations) in
full in cash on the maturity date of such Obligations, (b) any Insolvency or Liquidation Proceeding, (c) any acceleration of the Obligations, (d) a foreclosure or an exercise of rights or remedies on any of the Collateral at the time
of, or after, an ABL Event of Default or a 

  
 3 

 
Facility Event of Default has occurred and is continuing, (e) any exercise of remedies by any of the Secured Parties at the time of, or after, an Event of Default has occurred and is
continuing or (f) any “Application Event” (as defined in the Facility Agreement). 
 “Bankruptcy
Code” means Title 11 of the United States Code entitled “Bankruptcy,” as now and hereafter in effect, or any successor statute. 

“Collateral” means all of the assets and property of any Grantor, whether real, personal or mixed,
constituting both ABL Collateral and Facility Collateral. 
 “Commodity Account” means “commodity
account” (as defined in Section 9-102(14) of the UCC). 
 “Deposit
Accounts means “deposit account” (as defined in Section 9-102(29) of the UCC). 

“Discharge of ABL Obligations” means: 

(a) payment in full in cash of the principal of and interest (including interest accruing on or after the commencement of any
Insolvency or Liquidation Proceeding, whether or not such interest would be allowed in such Insolvency or Liquidation Proceeding) and any fees on all ABL Obligations; 

(b) payment in full in cash of all other outstanding ABL Obligations (other than unasserted contingent indemnification
obligations), including any that are due and payable or otherwise accrued and owing at or prior to the time such principal, interest and fees are paid; and 

(c) permanent termination or permanent expiration of all commitments, if any, to extend credit (including the ABL Revolving
Loan Commitments) by any ABL Secured Party under the ABL Documents. 
 “Discharge of Facility Obligations”
means: 
 (a) payment in full in cash of the principal of and interest (including interest accruing on or after the
commencement of any Insolvency or Liquidation Proceeding, whether or not such interest would be allowed in such Insolvency or Liquidation Proceeding), any fees and any Facility Non-Callable Make Whole Amount
on all Facility Obligations (other than (i) any unasserted contingent indemnification obligations and (ii) any amounts owed under any Warrant or the Registration Rights Agreement that are not due or payable at the time when all other
Facility Obligations are paid in full in cash); 
 (b) payment in full in cash of all other outstanding Facility Obligations
(other than (i) any unasserted contingent indemnification obligations and (ii) any amounts owed under any Warrant or the Registration Rights Agreement that are not due or payable at the time when all other Facility Obligations are paid in
full in cash), including any that are due and payable or otherwise accrued and owing at or prior to the time such principal, interest and fees and any applicable Facility Non-Callable Make Whole Amount and
Facility CoC Fee, and the Exit Payment, are paid; and 
 (c) permanent termination or permanent expiration of all
commitments, if any, to extend credit by any Facility Secured Party under the Facility Documents. 

  
 4 

 “Endologix” has the meaning assigned to such term in the
Recitals to this Agreement. 
 “Facility Agent” has the meaning assigned to such term in the Preamble to
this Agreement. 
 “Facility Agreement” has the meaning assigned to such term in the Recitals to this
Agreement. 
 “Facility CoC Fee” means any “CoC Fee” (as defined in the Facility Agreement). 

“Facility Collateral” means the “Collateral” (as defined in the Facility Agreement) and all other
assets and property pledged (or purported to be pledged) or granted a Lien on (or purported to be granted a Lien on) by the Facility Loan Parties to (or on behalf of) the Facility Secured Parties under the Facility Documents. 

“Facility Documents” means the Facility Agreement, the other “Loan Documents” (as defined in the
Facility Agreement) and all other agreements, instruments and documents related to the Facility Agreement, as amended, restated, supplemented or otherwise modified from time to time. 

“Facility Event of Default” means “Event of Default” (as defined in the Facility Agreement). 

“Facility Exit Payment” means the “Exit Payment” (as defined in the Facility Agreement). 

“Facility Lenders” has the meaning assigned to such term in the Recitals to this Agreement. 

“Facility Liens” means all Liens pledged (or purported to be pledged) or granted (or purported to be granted)
to the Facility Secured Parties under the Facility Documents on the Collateral securing the Facility Obligations. 

“Facility Loan Parties” has the meaning assigned to such term in the Recitals to this Agreement. 

“Facility Loans” means “Loans” (as defined in the Facility Agreement). 

“Facility Non-Callable Make Whole Amount” means any “Non-Callable Make Whole Amount” (as defined in the Facility Agreement). 

“Facility Obligations” means all “Obligations” (as defined in the Facility Agreement) and all other
indebtedness, liabilities and other obligations owed or incurred by the Facility Loan Parties under the Facility Documents (including any Facility Non-Callable Make Whole Amount, any Facility CoC Fee and the
Facility Exit Payment), including all interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) after commencement of an Insolvency or Liquidation Proceeding in accordance with the rate
specified in the relevant ABL Document whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. 

“Facility Required Lenders” means the “Required Lenders” (as defined in the Facility Agreement).

  
 5 

 “Facility Secured Parties” means Facility Agent, the
Facility Lenders, the other “Secured Parties” (as defined in the Facility Agreement) and any other holders of Facility Obligations. 

“First Out Waterfall Loans” means the Facility Loans (other than the Last Out Waterfall Loans). 

“First Out Waterfall Obligations” means the Facility Obligations (other than the Last Out Obligations). 

“First Out Waterfall Secured Parties” means the Facility Secured Parties (other than the Last Out Waterfall
Lenders). 
 “Grantors” means the ABL Loan Parties and the Facility Loan Parties. 

“Insolvency or Liquidation Proceeding” means: 

(a) any voluntary or involuntary case or proceeding under the Bankruptcy Code with respect to any Grantor; 

(b) any other voluntary or involuntary insolvency, reorganization or bankruptcy case or proceeding, or any receivership,
liquidation, reorganization or other similar case or proceeding with respect to any Grantor or with respect to its assets or property; 

(c) any liquidation, dissolution, reorganization or winding up of any Grantor whether voluntary or involuntary and whether or
not involving insolvency or bankruptcy; or 
 (d) any assignment for the benefit of creditors or any other marshalling of
assets and liabilities of any Grantor. 
 “Last Out Waterfall Loans” means the “Last Out Waterfall
Loans” (as defined in the Facility Agreement). 
 “Last Out Waterfall Obligations” means the “Last
Out Waterfall Obligations” (as defined in the Facility Agreement). 
 “Last Out Waterfall Secured
Parties” means the “Last Out Waterfall Secured Parties” (as defined in the Facility Agreement. 

“Last Out Waterfall Secured Parties Pro Rata Share” means, as of any date of determination, the
percentage obtained by dividing (a) the outstanding principal amount of the Last Out Waterfall Loans of such Last Out Waterfall Secured Party by (b) the sum of the aggregate outstanding principal amount of all Last Out Waterfall Loans of
all Last Out Waterfall Secured Parties. 
 “Lien” means any lien, pledge, preferential arrangement,
mortgage, security interest, deed of trust, charge, assignment, hypothecation, title retention or other encumbrance on or with respect to assets, property or interest in assets or property having the practical effect of constituting a security
interest, in each case with respect to the payment of any obligation with, or from the proceeds of, any asset or revenue of any kind. For purposes of this Agreement, any Grantor or any Subsidiary shall be deemed to own subject to a Lien any asset
which it has acquired or holds subject 

  
 6 

 
to the interest of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to such asset. 

“Loan Documents” means the ABL Documents and the Facility Documents, as the context may so require 

“Loans” means the ABL Loans and the Facility Loans, as the context may so require. 

“Obligations” means the ABL Obligations and the Facility Obligations, as the context may so require. 

“Person” means and includes any natural person, individual, partnership, joint venture, corporation, trust,
limited liability company, limited liability partnership, joint stock company, unincorporated organization, government entity or any political subdivision or agency thereof, or any other entity. 

“Possessory/Control Collateral” means any Collateral that is in the possession or control of any Agent (or in
the possession or control of its agents or bailees), to the extent that possession or control thereof perfects a Lien thereon under the UCC or other applicable law. 

“Post-Application Event Payment Amounts” has the meaning assigned to such term in Section 5. 

“Registration Rights Agreement” means the “Registration Rights Agreement” (as defined in the
Facility Agreement). 
 “Secured Party” means any ABL Secured Party and any Facility Secured Party, as the
context may so require. 
 “Securities Account” means “securities account” (as defined in Section 8-501(a) of the UCC). 
 “Subsidiary” or
“Subsidiaries” means, with respect to any Person, (a) any corporation of which an aggregate of more than fifty percent (50%) of the outstanding capital stock having ordinary voting power to elect a majority of the board of
directors of such corporation (irrespective of whether, at the time, capital stock of any other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time, directly or
indirectly, owned legally or beneficially by such Person or one or more Subsidiaries of such Person, or with respect to which any such Person has the right to vote or designate the vote of more than fifty percent (50%) of such capital stock whether
by proxy, agreement, operation of law or otherwise, and (b) any partnership or limited liability company in which such Person and/or one or more Subsidiaries of such Person shall have an interest (whether in the form of voting or participation
in profits or capital contribution) of more than fifty percent (50%) or of which any such Person is a general partner or may exercise the powers of a general partner. Unless the context otherwise requires, each reference to a Subsidiary shall be a
reference to a Subsidiary of a Grantor. 
 “UCC” means the Uniform Commercial Code (or any similar or
equivalent legislation) as in effect from time to time in any applicable jurisdiction, and, if the applicable jurisdiction shall not have any Uniform Commercial Code, the Uniform Commercial Code as in effect from time to time in the State of New
York. 

  
 7 

 “Warrants” means the “Warrants” (as defined in
the Facility Agreement). 
 1.2. Terms Generally. The definitions of terms in this Agreement shall apply equally to the
singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall
be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise: 

(a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement,
instrument or other document as from time to time amended, restated, supplemented, modified, renewed or extended; 
 (b) any reference herein
to any Person shall be construed to include such Person’s permitted successors and assigns; 
 (c) the words “herein,”
“hereof” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof; 

(d) all references herein to Sections shall be construed to refer to Sections of this Agreement; and 

(e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all
tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 
 SECTION 2. LIEN
PRIORITIES. 
 2.1. Pari Passu Liens. Notwithstanding the date, time, method, manner or order of grant, attachment,
validity or perfection of any ABL Liens or any Facility Liens and notwithstanding any provision of the UCC, or any other applicable law or the ABL Documents or the Facility Documents, ABL Agent, on behalf of the ABL Secured Parties, and ABL Agent,
on behalf of the ABL Secured Parties, hereby agree that: 
 (a) any ABL Lien, regardless of how acquired, whether by grant, possession,
statute, operation of law, subrogation or otherwise, shall be pari passu in all respects with any Facility Lien; and 
 (b) any Facility
Lien, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be pari passu in all respects with any ABL Lien. 

2.2. Prohibition on Contesting Liens. Each of ABL Agent, on behalf of the ABL Secured Parties, and Facility Agent, on behalf of
the Facility Secured Parties, agrees that it will not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the creation, perfection, priority,
validity or enforceability of any Facility Lien or any ABL Lien, as the case may be, or the terms or provisions of this Agreement. 

SECTION 3. GRATUITOUS BAILEE/AGENT FOR PERFECTION AND CONTROL. 

3.1. Each Agent agrees to hold any Possessory/Control Collateral from time to time in its possession or control (or in the possession or
control of its agents or bailees) as gratuitous bailee for the benefit of each other Secured Party (such bailment being intended, among other things, to satisfy the 

  
 8 

 
requirements of Sections 8-106(d)(3), 8-301(a)(2) and 9-313(c) of the UCC)
and any successor or assignee, solely for the purpose of perfecting the Lien granted in such Possessory/Control Collateral, in each case, subject to the terms and conditions of this Section 3.1. Solely with respect to (i) any Deposit
Accounts constituting Collateral under the control (within the meaning of Section 9-104 of the UCC) of any Agent, (ii) any Securities Accounts constituting Collateral under the control (within the
meaning of Section 8-106 of the UCC) of any Agent and (iii) any Commodity Accounts constituting Collateral under the control (within the meaning of
Section 9-106 of the UCC) of any Agent, in each case, each such Agent agrees to also hold control over such Deposit Accounts, Securities Accounts and Commodity Accounts, as applicable, as gratuitous agent
for each other Secured Party and any successor or assignee solely for the purpose of perfecting the Lien in such Deposit Accounts, Securities Accounts and Commodity Accounts, as applicable, subject to the terms and conditions of this
Section 3.1. 
 3.2. No Agent shall have any obligation whatsoever to the other Agent (including any other Secured Parties such
other Agent is acting on behalf of) to ensure that the Possessory/Control Collateral is genuine or owned by any of the Grantors or to preserve rights or benefits of any Person except as expressly set forth in this Section 3.1. The duties or
responsibilities of each Agent under this Section 3.1 shall be limited solely to holding any Possessory/Control Collateral in its possession or control as gratuitous bailee or as gratuitous agent, as applicable, in accordance with this
Section 3.1 and delivering the Possessory/Control Collateral as provided in Section 3.4 below. 
 3.3. None of the Agents or
any of the other Secured Parties shall have by reason of this Agreement or any other document, instrument or agreement a fiduciary relationship in respect of the other Agent or any other Secured Party, and each Agent (on behalf of itself and each
other Secured Party for which it is acting as “Agent” for) hereby waives and releases the other Agent and the other Secured Parties from all claims and liabilities arising pursuant to any Agent’s role under this Section 3.1 as
gratuitous bailee or gratuitous agent, as applicable, with respect to the Possessory/Control Collateral. 
 3.4. At any time there is
a Discharge of ABL Obligations or a Discharge of Facility Obligations (but not both), the applicable Agent involved in such discharge shall deliver the remaining Possessory/Control Collateral in its possession (if any) together with any necessary
endorsements (which endorsement shall be without recourse and without any representation or warranty) to the other Agent (so as to allow such Person to obtain possession or control of such Possessory/Control Collateral). The Agent transferring such
Possessory/Control Collateral in connection with such discharge further agrees to take all other action reasonably requested by the other Agent at the sole expense of the Grantors in connection with such other Agent obtaining a first-priority Lien
in the remaining Possessory/Control Collateral. 
 SECTION 4. ENFORCEMENT. 

4.1. Exercise of Remedies. 

(a) Whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Grantor, 

(1) neither ABL Agent nor any other ABL Secured Party will exercise or seek to exercise any rights or remedies with respect to
any Collateral or institute any action or proceeding with respect to such rights or remedies without obtaining the prior written consent of Facility Agent (which consent shall be given upon request of the Facility Required Lenders to Facility Agent
under the Facility Agreement); and 
 (2) neither Facility Agent nor any other Facility Secured Party will exercise or seek
to exercise any rights or remedies with respect to any Collateral or institute any action or proceeding 

  
 9 

 
with respect to such rights or remedies without obtaining the prior written consent of ABL Agent (which consent shall be given upon request of the ABL Required Lenders to ABL Agent under the ABL
Agreement). 
 (b) Notwithstanding the foregoing, 

(1) ABL Agent and any other ABL Secured Party may: 

(A) file a claim or statement of interest with respect to the ABL Obligations; provided that an Insolvency or
Liquidation Proceeding has been commenced by or against any Grantor; 
 (B) take any action in order to create, perfect,
preserve or protect its Lien on the Collateral; 
 (C) file any necessary responsive or defensive pleadings in opposition to
any motion, claim, adversary proceeding or other pleading made by any Person objecting to or otherwise seeking the avoidance or disallowance of the claims of the ABL Secured Parties, including, without limitation, any claims secured by the
Collateral, if any, in each case in accordance with the terms of this Agreement; 
 (D) exercise any rights or remedies, file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors arising under any Insolvency or Liquidation Proceeding, the bankruptcy laws or applicable non-bankruptcy law, so long as such actions would not conflict with an express agreement of ABL Agent or the other ABL Secured Parties contained in this Agreement; provided that in the event that any ABL
Secured Party becomes a judgment lien creditor in respect of the Collateral as a result of its enforcement of its rights as an unsecured creditor with respect to the ABL Obligations, such judgment lien shall be subject to the terms of this Agreement
for all purposes as the other Liens securing the ABL Obligations are subject to this Agreement; and 
 (E) vote on any plan
of reorganization, file any proof of claim, make other filings and make any arguments and motions that are, in each case, in accordance with the terms of this Agreement, with respect to the ABL Obligations and the Collateral. 

(2) Facility Agent and any other Facility Secured Party may: 

(A) file a claim or statement of interest with respect to the Facility Obligations; provided that an Insolvency or
Liquidation Proceeding has been commenced by or against any Grantor; 
 (B) take any action in order to create, perfect,
preserve or protect its Lien on the Collateral; 
 (C) file any necessary responsive or defensive pleadings in opposition to
any motion, claim, adversary proceeding or other pleading made by any person objecting to or otherwise seeking the avoidance or disallowance of the claims of the Facility Secured Parties, including, without limitation, any claims secured by the
Collateral, if any, in each case in accordance with the terms of this Agreement; 

  
 10 

 (D) exercise any rights or remedies, file any pleadings, objections, motions
or agreements which assert rights or interests available to unsecured creditors of the Grantors arising under any Insolvency or Liquidation Proceeding, the bankruptcy laws or applicable non-bankruptcy law, so
long as such actions would not conflict with an express agreement of Facility Agent or the other Facility Secured Parties contained in this Agreement; provided that in the event that any Facility Secured Party becomes a judgment lien creditor
in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor with respect to the Facility Obligations, such judgment lien shall be subject to the terms of this Agreement for all purposes as the other Liens securing
the Facility Obligations are subject to this Agreement; and 
 (E) vote on any plan of reorganization, file any proof of
claim, make other filings and make any arguments and motions that are, in each case, in accordance with the terms of this Agreement, with respect to the Facility Obligations and the Collateral. 

(c) Except as specifically set forth in Section 4, nothing in this Agreement shall prohibit the receipt by: 

(1) ABL Agent or any other ABL Secured Party of the required payments of interest, principal and other amounts owed in respect
of the ABL Obligations so long as such receipt is not the direct or indirect result of the exercise by ABL Agent or any other ABL Secured Party of rights or remedies as a secured creditor (including set off) or enforcement in contravention of this
Agreement of any Lien held by any of them; and 
 (2) Facility Agent or any other Facility Secured Party of the required
payments of interest, principal and other amounts owed in respect of the Facility Obligations so long as such receipt is not the direct or indirect result of the exercise by Facility Agent or any other Facility Secured Party of rights or remedies as
a secured creditor (including set off) or enforcement in contravention of this Agreement of any Lien held by any of them. 
 (d) Nothing in
this Agreement impairs or otherwise adversely affects any rights or remedies: 
 (1) ABL Agent or the other ABL Secured
Parties may have with respect to the ABL Collateral; or 
 (2) Facility Agent or the other Facility Secured Parties may have
with respect to the Facility Collateral. 
 SECTION 5. APPLICATION OF POST-APPLICATION EVENT PAYMENT AMOUNTS 

Notwithstanding any provision to the contrary in the ABL Documents or the Facility Documents, but subject to Section 6.16 hereof, ABL
Agent, on behalf of the ABL Secured Parties, Facility Agent, on behalf of the Facility Secured Parties, and the Grantors hereby agree that if any Secured Party receives any prepayment, repayment, redemption, payment or other distribution after the
occurrence and continuance of an Application Event (all such amounts and proceeds therefrom collectively referred to as “Post-Application Payment Amounts”), such Post-Application Payment Amounts shall be applied to the Obligations
in the following order (but otherwise in accordance with the terms and conditions of the ABL Agreement and the Facility Agreement): (1) first, ratably to all fees, costs and expenses (including any attorneys’ fees) owed to ABL/First Out
Waterfall Secured Parties under the Loan Documents, (ii) second, ratably to accrued and unpaid interest owed to the ABL/First Out Waterfall Secured Parties under the Loan 

  
 11 

 
Documents, (iii) third, ratably to the principal amount of the ABL/First Out Waterfall Loans (including any Non-Callable Make Whole Amount, any CoC
Fee and the First Out Waterfall Loan Exit Payment (each as defined in the Facility Agreement) and any amounts owed under Section 2.09 of the ABL Agreement, in each case, if applicable) owed to the ABL/First Out Waterfall Secured Parties,
(iv) fourth, ratably to all other ABL/First Out Waterfall Obligations (other than any First Out Waterfall Obligations in respect of any Warrant or the Registration Rights Agreement that are not at such time owing, due or unpaid) owing to the
ABL/First Out Waterfall Secured Parties, and with respect to any such ABL/First Out Waterfall Obligations owed to the ABL/First Out Waterfall Secured Parties, shall be allocated ratably among the ABL/First Out Waterfall Secured Parties based on
their pro rata share of such other ABL/First Out Waterfall Secured Parties, (v) fifth, ratably to all fees, costs and expenses (including any attorneys’ fees) owed to any Last Out Waterfall Secured Party under the Facility Documents,
(vi) sixth, ratably to accrued and unpaid interest owed to the Last Out Waterfall Secured Parties under the Facility Documents, (vii) seventh, ratably to the principal amount of the Last Out Waterfall Loans (including any Non-Callable Make Whole Amount, any CoC Fee and the Last Out Waterfall Loan Exit Payment, if applicable) owed to the Last Out Waterfall Secured Parties, and (viii) eighth, ratably to all other Last Out
Waterfall Obligations owing to any Last Out Waterfall Secured Party, and, with respect to any such Last Out Waterfall Obligations owed to the Last Out Waterfall Secured Parties, shall be allocated ratably among the Last Out Waterfall Secured Parties
based on their pro rata share of such other Last Out Waterfall Obligations. 
 SECTION 6. MISCELLANEOUS. 

6.1. Termination. This Agreement shall terminate and be of no further force and effect upon the earlier to occur of (a) the
date of Discharge of ABL Obligations and (b) the date of Discharge of Facility Obligations. 
 6.2. Obligations
Unconditional. All rights, interests, agreements and obligations of ABL Agent and the other ABL Secured Parties and the Facility Agent and the other Facility Secured Parties, respectively, hereunder shall remain in full force and effect
irrespective of: 
 (a) any lack of validity or enforceability of any ABL Documents or any Facility Documents; 

(b) except as otherwise expressly set forth in this Agreement, any change in the time, manner or place of payment of, or in any other terms of,
all or any of the ABL Obligations or the Facility Obligations, or any amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, of the terms of any ABL Document or any
Facility Document; 
 (c) except as otherwise expressly set forth in this Agreement, any exchange of any Lien in any Collateral or any other
collateral, or any amendment, waiver or other modification, whether in writing or by course of conduct or otherwise, of all or any of the ABL Obligations or the Facility Obligations or any guaranty thereof; or 

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

6.3. Conflicts. In the event of any conflict between the provisions of this Agreement and the provisions of the ABL Documents or
the Facility Documents, the provisions of this Agreement shall govern and control. 
 6.4. Effectiveness; Severability. This
Agreement shall become effective when executed and delivered by the parties hereto. Each of ABL Agent, on behalf of the ABL Secured Parties, and Facility 

  
 12 

 
Agent, on behalf of the Facility Secured Parties, hereby waives any right it may have under applicable law to revoke this Agreement or any of the provisions of this Agreement. The terms of this
Agreement shall survive, and shall continue in full force and effect, in any Insolvency or Liquidation Proceeding. The relative rights of the Secured Parties in or to any distributions from or in respect of any Collateral or proceeds of Collateral,
shall continue after the commencement of any Insolvency or Liquidation Proceeding. Accordingly, the provisions of this Agreement are intended to be and shall be enforceable as a subordination agreement within the meaning of Section 510 of the
Bankruptcy Code (or similar bankruptcy law). Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall not invalidate the remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. All references to any Grantor shall include such Grantor as debtor and debtor in possession and any receiver or trustee for such Grantor (as the case
may be) in any Insolvency or Liquidation Proceeding. 
 6.5. Amendments; Waivers. No amendment, restatement, supplement,
modification or waiver of any of the provisions of this Agreement by ABL Agent or Facility Agent shall be deemed to be made unless the same shall be in writing signed by each of ABL Agent and Facility Agent; provided that any such amendment,
restatement, supplement, modification or waiver that directly adversely affects any Last Out Waterfall Security Party shall require the written consent of such Last Out Waterfall Secured Party. Each waiver, if any, shall be a waiver only with
respect to the specific instance involved and shall in no way impair the rights of the parties making such waiver or the obligations of the other parties to such party in any other respect or at any other time. Notwithstanding the foregoing, the
Grantors shall not have any right to consent to or approve any amendment, restatement, supplement, modification or waiver of any provision of this Agreement. 

6.6. SUBMISSION TO JURISDICTION; WAIVERS. 

(a) ALL JUDICIAL PROCEEDINGS BROUGHT AGAINST ANY PARTY OR GRANTOR ARISING OUT OF OR RELATING HERETO MAY BE BROUGHT IN ANY STATE OR FEDERAL
COURT OF COMPETENT JURISDICTION IN THE STATE, COUNTY AND CITY OF NEW YORK (INCLUDING, WITHOUT LIMITATION, THE COMMERCIAL DIVISION, NEW YORK STATE SUPREME COURT). BY EXECUTING AND DELIVERING THIS AGREEMENT, EACH PARTY (AND EACH GRANTOR BY
ACKOWLEDGING AND AGREEING TO THIS AGREEMENT), FOR ITSELF AND IN CONNECTION WITH ITS PROPERTIES, IRREVOCABLY: 
 (1) ACCEPTS
GENERALLY AND UNCONDITIONALLY THE NONEXCLUSIVE JURISDICTION AND VENUE OF SUCH COURTS; 
 (2) WAIVES ANY DEFENSE OF FORUM NON
CONVENIENS; 
 (3) AGREES THAT SERVICE OF ALL PROCESS IN ANY SUCH PROCEEDING IN ANY SUCH COURT MAY BE MADE BY REGISTERED OR
CERTIFIED MAIL, RETURN RECEIPT REQUESTED, TO THE APPLICABLE PARTY AT ITS ADDRESS PROVIDED IN ACCORDANCE WITH SECTION 6.8; AND 

(4) AGREES THAT SERVICE AS PROVIDED IN CLAUSE (3) ABOVE IS SUFFICIENT TO CONFER PERSONAL JURISDICTION OVER THE APPLICABLE
PARTY IN ANY SUCH PROCEEDING IN ANY SUCH COURT, AND OTHERWISE CONSTITUTES EFFECTIVE AND BINDING SERVICE IN EVERY RESPECT. 
 (b) EACH OF THE
PARTIES HERETO (AND EACH GRANTOR) HEREBY AGREES TO WAIVE ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION 

  
 13 

 
BASED UPON OR ARISING HEREUNDER. THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT RELATE TO THE SUBJECT MATTER HEREOF,
INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH PARTY HERETO (AND EACH GRANTOR) ACKNOWLEDGES THAT THIS WAIVER IS A MATERIAL INDUCEMENT TO ENTER INTO A BUSINESS RELATIONSHIP THAT EACH
HAS ALREADY RELIED ON THIS WAIVER IN ENTERING INTO THIS AGREEMENT (OR WITH RESPECT TO EACH GRANTOR, IN ACKNOWLEDGING AND AGREEING TO THIS AGREEMENT), AND THAT EACH WILL CONTINUE TO RELY ON THIS WAIVER IN ITS RELATED FUTURE DEALINGS. EACH PARTY
HERETO (AND EACH GRANTOR) FURTHER REPRESENTS AND WARRANTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. THIS WAIVER IS
IRREVOCABLE; MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SECTION 6.7(b) AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY
SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS HERETO. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 

(c) EACH OF THE PARTIES HERETO (AND EACH GRANTOR) WAIVES ANY RIGHT IT MAY HAVE TO TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON, OR
ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT, ANY ABL DOCUMENT OR ANY FACILITY DOCUMENT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, VERBAL OR WRITTEN STATEMENT OR ACTION OF ANY PARTY HERETO. 

6.7. Notices. All notices to the ABL Secured Parties and the Facility Secured Parties permitted or required under this Agreement
shall be sent to ABL Agent (on behalf of the ABL Secured Parties) and Facility Agent (on behalf of the Facility Secured Parties), respectively. Unless otherwise specifically provided herein, any notice hereunder shall be in writing and may be
personally served, telexed or sent by telefacsimile, electronic mail or United States mail or courier service and shall be deemed to have been given when delivered in person or by courier service and signed for against receipt thereof, upon receipt
of electronic mail, telefacsimile or telex, or three business days after depositing it in the United States mail with postage prepaid and properly addressed (or one business day after depositing with an overnight mail service). For the purposes
hereof, the addresses of the parties hereto shall be as set forth below (and the addresses of the Grantors shall be as set forth in the ABL Agreement and the Facility Agreement, as applicable), or at such other address as may be designated by such
party in a written notice to all of the other parties. 
 If to Facility Agent: 

c/o Deerfield Management Company, L.P. 

780 Third Avenue, 37th Floor 
 New
York, NY 10017 
 Facsimile: 212-599-3075 

E-mail: dclark@deerfield.com 

Attn: David J. Clark, Esq. 
 With
a copy to (which shall not be deemed to constitute notice): 
 Katten Muchin Rosenman LLP 

  
 14 

 2029 Century Park East, Suite 2600 

Los Angeles, CA 90067-3012 

Facsimile: (310) 788-4471 

E-mail: kristopher.ring@kattenlaw.com and mark.wood@kattenlaw.com 

Attn: Kristopher J. Ring, Esq. 

Attn: Mark D. Wood, Esq. 
 If to
ABL Agent: 
 c/o Deerfield Management Company, L.P. 

780 Third Avenue, 37th Floor 
 New
York, NY 10017 
 Facsimile: 212-599-3075 

E-mail: dclark@deerfield.com 

Attn: David J. Clark, Esq. 
 With
a copy to (which shall not be deemed to constitute notice): 
 Katten Muchin Rosenman LLP 

2029 Century Park East, Suite 2600 

Los Angeles, CA 90067-3012 

Facsimile: (310) 788-4471 

E-mail: kristopher.ring@kattenlaw.com and mark.wood@kattenlaw.com 

Attn: Kristopher J. Ring, Esq. 

Attn: Mark D. Wood, Esq. 

6.8. Further Assurances. ABL Agent, on behalf of the ABL Secured Parties, and Facility Agent, on behalf of the Facility Secured
Parties, and the Grantors (by acknowledging and agreeing to this Agreement), agree that each of them shall take such further action and shall execute and deliver such additional documents, instruments and agreements as any Agent may reasonably
request to effectuate the terms and provisions set forth in, or contemplated by, this Agreement. 
 6.9. APPLICABLE LAW. THIS
AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW) THEREOF. 

6.10. Binding on Successors and Assigns. This Agreement shall be binding upon the Agents and the other Secured Parties, and the
Grantors (from acknowledging and agreeing to this Agreement), and their respective successors and assigns; provided that no Grantor shall assign any of its rights (if any) or obligations under this Agreement and any such attempted or
prohibited assignment shall be absolutely void ab initio. Any successor or assign of any Agent shall assume all of such prior Agent’s obligations hereunder and shall execute and deliver a joinder to this Agreement to the extent requested
in writing by the other Agent and in form mutually reasonably acceptable to both Agents. 
 6.11. Specific Performance. Each of
the Agents may demand specific performance of this Agreement. ABL Agent, on behalf of the ABL Secured Parties, and Facility Agent, on behalf of the Facility Secured Parties, hereby irrevocably waive any defense based on the adequacy of a remedy at
law and any other defense which might be asserted to bar the remedy of specific performance in any action which may 

  
 15 

 
be brought by ABL Agent or the other ABL Secured Parties or Facility Agent or the other Facility Secured Parties, as the case may be. 

6.12. Counterparts. 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. Delivery of an executed counterpart of a signature page of this Agreement or any document or instrument delivered in connection
herewith by facsimile or other electronic methods of transmission shall be effective as delivery of a manually executed counterpart of this Agreement or such other document or instrument, as applicable. 

6.13. No Third Party Beneficiaries. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the
parties hereto and its respective successors and assigns and shall inure to the benefit of each of the Secured Parties. Nothing in this Agreement shall impair, as between the Grantors, on the one hand, and the ABL Secured Parties, on the other hand,
or as between the Grantors, on the one hand, and the Facility Secured Parties, on the other hand, the Obligations of the Grantors (including any obligations to pay principal, interest, fees, make whole amounts (including the Facility Non-Callable Make Whole Amount) and other amounts and payments as provided in the ABL Documents and the Facility Documents, respectively). Subject to the provisions of the last sentence of Section 6.5 hereof
and to Section 6.16 hereof, none of the Grantors or any other creditor thereof shall have any rights hereunder and no Grantor may rely on the terms hereof. 

6.14. Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose
of defining the relative rights of ABL Agent and the other ABL Secured Parties, on the one hand, and Facility Agent and the other Facility Secured Parties, on the other hand. Nothing in this Agreement is intended to or shall impair the obligations
(including the Obligations) of any Grantor, which obligations are absolute and unconditional, to pay or perform the ABL Obligations and the Facility Obligations as and when the same shall become due and payable in accordance with their terms. 

6.15. Additional Grantors. The Grantors shall cause each of their Subsidiaries that becomes a Grantor to acknowledge and consent
to the terms of this Agreement by causing such Subsidiary to execute and deliver to the parties hereto a Grantor Joinder, substantially in the form of Annex A hereto, pursuant to which such Subsidiary shall agree to be bound by the terms of
the attached Acknowledgment and Agreement to the same extent as if it had executed and delivered same as of the date hereof. 
 [signature
page follows] 

  
 16 

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

					
	DEERFIELD PRIVATE DESIGN FUND IV, L.P.,
	as Facility Agent
	
	By: Deerfield Mgmt IV, L.P., General Partner
	
	By: J.E. Flynn Capital IV, LLC, General Partner
		
	By:	 	 /s/ David J. Clark

		 	Name:	 	David J. Clark
		 	Title:	 	Authorized Signatory
	
	DEERFIELD ELGX REVOLVER, LLC,
	as ABL Agent
	
	By: Deerfield Management Company, L.P. (Series C), Manager
	
	By: Flynn Management LLC, General Partner
		
	By:	 	 /s/ David J. Clark

		 	Name:	 	David J. Clark
		 	Title:	 	Authorized Signatory

 [Signature Page to Intercreditor Agreement] 

 ACKNOWLEDGMENT AND AGREEMENT 

Each of the undersigned hereby acknowledges and agrees as of August 9, 2018 to the representations, terms and provisions of the
Intercreditor Agreement, dated as of the date hereof (the “Intercreditor Agreement”; capitalized terms used herein without definition shall have the meaning assigned thereto in the Intercreditor Agreement), by and between Deerfield
Private Design Fund IV, L.P., as Facility Agent, and Deerfield ELGX Revolver, LLC, as ABL Agent, of which this Acknowledgment and Agreement is a part. By its signature below, the undersigned agrees that it shall, together with its successors and
assigns, be bound by the provisions hereof that are applicable to it, that it shall not do any act or perform any obligation which is in contravention with the agreements set forth herein or in the Intercreditor Agreement and that it shall recognize
all rights granted hereby to the Secured Parties. 
 Each of the undersigned agrees that (a) if either ABL Agent or Facility Agent
holds Collateral it does so as bailee (under the UCC or other applicable law) for the other and is hereby authorized to and may turn over to any other Secured Party upon request therefor any such Collateral, after all obligations and indebtedness of
the undersigned to the bailee Secured Party have been fully paid and performed, or as otherwise provided in the Intercreditor Agreement, and (b) it will execute and deliver such additional documents, instruments and agreements and take such
additional action as may be reasonably requested by any Secured Party to effectuate the provisions and purposes of the foregoing Intercreditor Agreement and to continue without interruption the first priority Lien of the Agents granted on such
Collateral being turned over. Each of the undersigned agrees to provide to each Agent a copy of each Grantor Joinder hereto executed and delivered pursuant to Section 6.15 of the Intercreditor Agreement. 

Each of the undersigned acknowledges and agrees that, (i) although it may sign this Acknowledgement and Agreement, it is not a party to
the Intercreditor Agreement and does not and will not receive any right, benefit, priority or interest under or because of the existence of the Intercreditor Agreement, (ii) any breach by the undersigned of any of its obligations under the
Intercreditor Agreement or this Acknowledgment and Agreement will constitute an Event of Default under the terms of each of the ABL Agreement and Facility Agreement and (iii) the terms of the Intercreditor Agreement shall not give any Grantor,
nor modify any, substantive rights vis-à-vis any Secured Party, nor modify any obligations or liabilities owing to such Secured Party by such Grantor, under any
instrument, document, agreement or arrangement and (x) as between the ABL Secured Parties and the Grantor, the ABL Documents remain in full force and effect as written and are in no way modified hereby, and (y) as between the Facility
Secured Parties and the Grantors, the Facility Documents remain in full force and effect as written and are in no way modified hereby. 

[signature page follows] 

							
	Acknowledged and agreed:	 		 	ENDOLOGIX, INC., a Delaware corporation
				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer
			
		 		 	CVD/RMS ACQUISITION CORP., a Delaware corporation
				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer and Secretary
			
		 		 	NELLIX, INC., a Delaware corporation
				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer and Secretary
			
		 		 	TRIVASCULAR TECHNOLOGIES, INC., a Delaware corporation
				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer and Secretary
			
		 		 	 TRIVASCULAR, INC., a California

corporation

				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer and Secretary
			
		 		 	ENDOLOGIX CANADA, LLC, a Delaware limited liability company
				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer and Secretary
			
		 		 	TRIVASCULAR SALES LLC, a Texas limited liability company
				
		 		 	By:	 	 /s/ Vaseem Mahboob

		 		 	Name:	 	Vaseem Mahboob
		 		 	Title:	 	Chief Financial Officer and Secretary

 [Signature Page to Intercreditor Agreement] 

			
	 RMS/ENDOLOGIX SIDEWAYS MERGER CORP.,

a Delaware corporation

		
	By:	 	 /s/ Vaseem Mahboob

	Name:	 	Vaseem Mahboob
	Title:	 	Chief Financial Officer and Secretary

 [Signature Page to Intercreditor Agreement] 

 Annex A 

to 
 Intercreditor
Agreement 
 Form of Grantor Joinder 

Reference is made to that certain Intercreditor Agreement, dated as of August 9, 2018 (as amended, restated, supplemented or otherwise
modified from time to time in accordance with the terms thereof, the “Intercreditor Agreement”), by and between Deerfield Private Design Fund IV, L.P., as Facility Agent, and Deerfield ELGX Revolver, LLC, as ABL Agent, and which was
acknowledged and agreed to by the existing Grantors pursuant to the Acknowledgment and Agreement dated as of August 9, 2018 (the “Intercreditor Acknowledgement and Agreement”). Capitalized terms used herein without definition
shall have the meaning assigned thereto in the Intercreditor Agreement. 
 This Grantor Joinder, dated as of
                    , 20     (this “Grantor Joinder”), is being delivered pursuant to Section 6.15 of the
Intercreditor Agreement. 
 The undersigned,
                                , a
                                     (the “Additional
Grantor”), hereby agrees to become a party to the Intercreditor Acknowledgement and Agreement as a Grantor thereunder, for all purposes thereof on the terms set forth therein, and to be bound by the terms of the Intercreditor Acknowledgment
and Agreement as fully as if the Additional Grantor had executed and delivered the Intercreditor Acknowledgement and Agreement as of the date thereof. 

This Grantor Joinder 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. Delivery of an executed counterpart of a signature page of this Grantor Joinder by facsimile or other electronic methods of transmission shall be
effective as delivery of a manually executed counterpart of this Grantor Joinder. 
 [signature page follow] 

  
 Annex A - 1 

 IN WITNESS WHEREOF, the Additional Grantor has caused this Grantor Joinder to be duly
executed by its authorized representative as of the day and year first above written. 
  

			
	[ADDITIONAL GRANTOR]
	
	[______________________________]
		
	By:	 	
                     
                                

	Name:	 	
                 

	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00286-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00286-of-00352.parquet"}]]