Document:

EX-10.1

 Exhibit 10.1 
 Execution Copy 
 SECOND AMENDMENT TO CREDIT AGREEMENT

 EXECUTED by the parties hereto as of the 10th day of October, 2012. 

 

	AMONG:	VITRAN CORPORATION INC. and VITRAN EXPRESS CANADA INC., as Canadian Borrowers 

 

	  	(the “Canadian Borrowers”) 

  

	AND:	VITRAN CORPORATION, VITRAN EXPRESS, INC., LAS VEGAS/L.A. EXPRESS, INC., VITRAN LOGISTICS CORP., VITRAN LOGISTICS, INC., SHORTHAUL TRANSPORT CORPORATION and MIDWEST
SUPPLY CHAIN, INC., as U.S. Borrowers 

  

	  	(collectively, the “U.S. Borrowers”, and together with the Canadian Borrowers, the “Borrowers”) 

 

	AND:	THE CANADIAN BORROWERS, THE U.S. BORROWERS, CAN-AM LOGISTICS INC., VITRAN LOGISTICS LIMITED, EXPEDITEUR T.W. LTEE, 1098304 ONTARIO INC., DONEY HOLDINGS INC.,
ROUT-WAY EXPRESS LINES LTD./LES SERVICE ROUTIERS EXPRESS ROUT LTEE, 1277050 ALBERTA INC., SOUTHERN EXPRESS LINES OF ONTARIO LIMITED, VITRAN ENVIRONMENTAL SYSTEMS INC., 0772703 B.C. LTD. and 1833660 ONTARIO INC., as Guarantors

  

	  	(collectively, the “Guarantors”) 

  

	AND:	JPMORGAN CHASE BANK, N.A., as Administrative Agent 

  

	  	(the “Agent”) 

  

	AND:	EACH OF THE FINANCIAL INSTITUTIONS PARTY HERETO, CONSTITUTING REQUIRED LENDERS (as such term is defined in the Credit Agreement (as defined below)), as Required
Lenders 

  

	  	(collectively the “Required Lenders”) 

 WHEREAS the Borrowers, the Guarantors, the Agent and the other Persons signatory thereto have entered into a Credit Agreement dated as of November 30, 2011, as amended by that certain First
Amendment to Credit Agreement made as of December 29, 2011 (including all annexes, exhibits and schedules thereto, as the same has been or may be further amended, modified, restated, supplemented or replaced from time to time, collectively the
“Credit Agreement”); 
 AND WHEREAS the parties hereto have agreed to amend certain provisions of the
Credit Agreement, but, only to the extent and subject to the limitations set forth in this Second Amendment to Credit Agreement (hereinafter this “Amendment Agreement”) and without prejudice to the Agent’s and the Secured
Parties’ other rights; 

 NOW THEREFORE for good and valuable consideration (the receipt and sufficiency of
which are hereby acknowledged), the parties hereby agree as follows: 
 ARTICLE I – INTERPRETATION

  

	1.1	All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement (including, as the case may
be, as amended by the terms of this Amendment Agreement). 

 ARTICLE II – AMENDMENTS

  

	2.1	As of the Amendment Effective Date, the defined term “Dominion Trigger Period” appearing in Section 1.1 of the Credit Agreement is hereby deleted
in its entirety and substituted by the following: 

 ““Dominion Trigger Period” means the
period: 
 (a) commencing on the day that either (i) an Event of Default occurs or (ii) Aggregate Availability for
three (3) consecutive Business Days is less than (x) for the period beginning the Amendment Effective Date and ending January 7, 2013, $5,000,000 or (y) for the period beginning January 8, 2013 and ending the Maturity Date,
$10,000,000, and (b) continuing until a day on which, during the preceding ninety (90) consecutive days, no Event of Default existed and at all times during such period Aggregate Availability was greater than (x) in respect of a
Dominion Trigger Period beginning at any time from the Amendment Effective Date to January 7, 2013, $5,000,000 or (y) in respect of a Dominion Trigger Period beginning at any time from January 8, 2013 to the Maturity Date,
$10,000,000.” 
  

	2.2	As of the Amendment Effective Date, the defined term “Fixed Charge Coverage Trigger Period” appearing in Section 1.1 of the Credit Agreement is
hereby deleted in its entirety and substituted by the following: 

 ““Fixed Charge Coverage Trigger
Period” means the period: 
 (a) commencing on the day that either (i) an Event of Default occurs or
(ii) Aggregate Availability for three (3) consecutive Business Days is less than (x) for the period beginning the Amendment Effective Date and ending January 7, 2013, $5,000,000 or (y) for the period beginning
January 8, 2013 and ending the Maturity Date, $10,000,000, and (b) continuing until a day on which, during the preceding ninety (90) consecutive days, no Event of Default existed and at all times during such period Aggregate
Availability was greater than (x) in respect of a Fixed Charge Coverage Trigger Period beginning at any time from the Amendment Effective Date to January 7, 2013, $5,000,000 or (y) in respect of a Fixed Charge Coverage Trigger Period
beginning at any time from January 8, 2013 to the Maturity Date, $10,000,000.” 

  
 - 2 -

	2.3	As of the Amendment Effective Date, the Credit Agreement is hereby amended by inserting the following subsection 5.1(f) immediately after subsection 5.1(e) thereof, and
by sequentially adjusting the numbering in the remaining paragraphs of Section 5.1: 

 “(f) semi-monthly until
January 8, 2013, a copy of the plan and forecast for cash flow and Aggregate Availability, Canadian Availability and U.S. Availability ;” 
 ARTICLE III – CONDITIONS TO EFFECTIVENESS 
  

	3.1	This Amendment Agreement shall become effective upon satisfaction of the following conditions precedent (the date of satisfaction of all such conditions being referred
to herein as the “Amendment Effective Date”): 

  

	 	(a)	the Borrowers, each other Loan Party and the Required Lenders delivering to the Agent five (5) originally executed copies of this Amendment Agreement;

  

	 	(b)	subject to paragraph (c) below, receipt by the Agent from the Borrower Representative of the following amendment fees, representing five basis points (0.05%) of
the Aggregate Revolving Commitments divided on a pro rata basis among the Lenders, which fees are paid in consideration for the amendments provided herein and shall be fully earned, due and payable on the date hereof:

  

	 	(i)	to JPMorgan Chase Bank, N.A. an amendment fee of US$17,500; 

  

	 	(ii)	to Royal Bank of Canada an amendment fee of US$15,000; 

  

	 	(iii)	to Fifth Third Bank an amendment fee of US$6,250; and 

  

	 	(iv)	to Export Development Canada an amendment fee of US$3,750; and 

  

	 	(c)	notwithstanding paragraph (b) above, if Fifth Third Bank has not executed and delivered this Amendment Agreement as of the date hereof, it shall be permitted to do
so only until 5:00 p.m. (EST) on Friday, October 12, 2012, and if this Amendment Agreement is executed and delivered by Fifth Third Bank by such time then (i) Fifth Third Bank will be deemed to have entered into this Amendment Agreement as
of the Amendment Effective Date, and (ii) the amendment fee set out in paragraph (b)(iii) above will become due and payable to Fifth Third Bank by the Borrowers. For greater certainty, if Fifth Third Bank does not execute and deliver this
Amendment Agreement by 5:00 p.m. (EST) on Friday, October 12, 2012, then it shall not be entitled to any part of the amendment fee set out in paragraph (b)(iii) above. 

ARTICLE IV – REPRESENTATIONS AND WARRANTIES 

 

	4.1	Each Borrower and each other Loan Party warrants and represents to the Agent and the Secured Parties that the following statements are true, correct and complete:

  

	 	(a)	 Authorization, Validity, and Enforceability of this Amendment Agreement. Each Loan Party has the corporate power and authority to execute and
deliver 

  
 - 3 -

	 	
this Amendment Agreement and to perform the Credit Agreement. Each Loan Party has taken all necessary corporate action (including, without limitation, obtaining approval of its shareholders if
necessary) to authorize its execution and delivery of this Amendment Agreement and the performance of the Credit Agreement. This Amendment Agreement has been duly executed and delivered by each Loan Party and this Amendment Agreement and the Credit
Agreement constitute the legal, valid and binding obligations of each Loan Party, enforceable against each of them in accordance with their respective terms without defence, compensation, setoff or counterclaim. Each Loan Party’s execution and
delivery of this Amendment Agreement and the performance by each Loan Party of the Credit Agreement do not and will not conflict with, or constitute a violation or breach of, or constitute a default under, or result in the creation or imposition of
any Lien upon the property of any Loan Party by reason of the terms of (a) any contract, mortgage, hypothec, Lien, lease, agreement, indenture, or instrument to which any Loan Party is a party or which is binding on any of them, (b) any
requirement of law applicable to any Loan Party, or (c) the certificate or articles of incorporation or amalgamation or association or bylaws or memorandum of association or articles of association of any Loan Party. 

 

	 	(b)	Governmental Authorization. No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any governmental authority or other
person is necessary or required in connection with the execution, delivery or performance by, or enforcement against any Loan Party of this Amendment Agreement or the Credit Agreement except for such as have been obtained or made and filings
required in order to perfect and render enforceable the Agent’s Liens. 

  

	 	(c)	Incorporation of Representations and Warranties From Credit Agreement. The representations and warranties contained in the Credit Agreement and the other Loan
Documents are and will be true, correct and complete in all material respects on and as of the Amendment Effective Date to the same extent as though made on and as of that date, except to the extent such representations and warranties specifically
relate to an earlier date, in which case they were true, correct and complete in all material respects on and as of such earlier date. 

  

	 	(d)	Absence of Default. No event has occurred and is continuing or will result from the consummation of the transactions contemplated by this Amendment Agreement
that would constitute a Default or an Event of Default. 

  

	 	(e)	Security. All security delivered to or for the benefit of the Agent on behalf of the Secured Parties pursuant to the Credit Agreement and the other Loan
Documents remain in full force and effect and secure all obligations of the Borrowers and the other Loan Parties purported to being secured thereby, including, under the Credit Agreement and the other Loan Documents. 

  
 - 4 -

 ARTICLE V – MISCELLANEOUS 

 

	5.1	Each Borrower (i) reaffirms its Obligations under the Credit Agreement and the other Loan Documents to which it is a party, and (ii) agrees that the Credit
Agreement and the other Loan Documents to which it is a party remain in full force and effect, except as amended hereby, and are hereby ratified and confirmed. The other Loan Parties (i) consent to and approve the execution and delivery of this
Amendment Agreement by the parties hereto, (ii) agree that this Amendment Agreement does not and shall not limit or diminish in any manner the obligations of the Loan Parties under their guarantees (collectively, the
“Guarantees”) and that such obligations would not be limited or diminished in any manner even if such Loan Parties had not executed this Amendment Agreement, (iii) agree that this Amendment Agreement shall not be construed as
requiring the consent of such Loan Parties in any other circumstance, (iv) reaffirm each of their obligations under the Guarantees and the other Loan Documents to which they are a party, and (v) agree that the Guarantees and the other Loan
Documents to which they are a party remain in full force and effect and are hereby ratified and confirmed. 

  

	5.2	Nothing contained in this Amendment Agreement or any other communication between the Agent and/or the Secured Parties and the Borrowers (or any other Loan Party) shall
be a waiver of any other present or future violation, Default or Event of Default under the Credit Agreement or any other Loan Document (collectively, “Violations”). Similarly, nothing contained in this Amendment Agreement shall
directly or indirectly in any way whatsoever either: (i) impair, prejudice or otherwise adversely affect the Agent’s or the Secured Parties’ right at any time to exercise any right, privilege or remedy in connection with the Credit
Agreement or any other Loan Document with respect to any Violations (including, without limiting the generality of the foregoing, in respect of the non-conformity to any representation, warranty or covenant contained in any Loan Document),
(ii) except as specifically provided in Article II hereof, amend or alter any provision of the Credit Agreement or any other Loan Document or any other contract or instrument, or (iii) constitute any course of dealing or other basis for
altering any obligation of the Borrowers or any other Loan Party under the Loan Documents or any right, privilege or remedy of the Agent or the Secured Parties under the Credit Agreement or any other Loan Document or any other contract or instrument
with respect to Violations. Nothing in this Amendment Agreement shall be construed to be a consent by the Agent or the other Secured Parties to any Violations. 

 

	5.3	Save as expressly set forth in this Amendment Agreement, all other terms and conditions of the Credit Agreement remain in full force and effect. All other Loan
Documents remain in full force and effect. 

  

	5.4	This Amendment Agreement shall be interpreted and the rights and liabilities of the parties hereto shall be determined in accordance with the laws of the Province of
Ontario and the federal laws of Canada applicable therein. 

 This Amendment Agreement may be executed in original,
facsimile and/or other electronic means counterparts and all such counterparts taken together shall be deemed to constitute one and the same instrument. 
 [the following pages are the signature pages] 

  
 - 5 -

 The parties have executed this Amendment Agreement as of the date first above written. 

 

			
	 JPMORGAN CHASE BANK, N.A.,
 as Administrative Agent

		
	By:	 	 /S/ RANDY ABRAMS

	Name:	 	Randy Abrams
	Title:	 	Authorized Officer
	
	 JPMORGAN CHASE BANK, N.A., TORONTO BRANCH,
 as Canadian Administrative Agent

		
	By:	 	 /S/ AUGGIE MARCHETTI

	Name:	 	Auggie Marchetti
	Title:	 	Senior Vice President & Region Manager

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 JPMORGAN CHASE BANK, N.A., TORONTO BRANCH,
 as a Canadian Lender

		
	By:	 	 /S/ AUGGIE MARCHETTI

	Name:	 	Auggie Marchetti
	Title:	 	Senior Vice President & Region Manager
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 ROYAL BANK OF CANADA,
 as a Canadian Lender

		
	By:	 	 /S/ ROBERT S. KIZELL

	Name:	 	Robert S. Kizell
	Title:	 	Attorney-in-fact
		
	By:	 	 /S/ MICHAEL PETERSEN

	Name:	 	Michael Petersen
	Title:	 	Attorney-in-fact
	
	 FIFTH THIRD BANK,
 as a Canadian Lender

		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 EXPORT DEVELOPMENT CANADA,
 as a Canadian Lender

		
	By:	 	 /S/ CHRISTOPHER WILSON

	Name:	 	Christopher Wilson
	Title:	 	Asset Manager
		
	By:	 	 /S/ KEVIN SKILLITER

	Name:	 	Kevin Skilliter
	Title:	 	Sr. Asset Manager

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 JPMORGAN CHASE BANK, N.A.,
 as a U.S. Lender

		
	By:	 	 /S/ RANDY ABRAMS

	Name:	 	Randy Abrams
	Title:	 	Authorized Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 ROYAL BANK OF CANADA,
 as a U.S. Lender

		
	By:	 	 /S/ ROBERT S. KIZELL

	Name:	 	Robert S. Kizell
	Title:	 	Attorney-in-fact
		
	By:	 	 /S/ MICHAEL PETERSEN

	Name:	 	Michael Petersen
	Title:	 	Attorney-in-fact
	
	 FIFTH THIRD BANK,
 as a U.S. Lender

		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 EXPORT DEVELOPMENT OF CANADA,
 as a U.S. Lender

		
	By:	 	 /S/ CHRISTOPHER WILSON

	Name:	 	Christopher Wilson
	Title:	 	Asset Manager
		
		 	/S/ KEVIN SKILLITER
	Name:	 	Kevin Skilliter
	Title:	 	Sr. Asset Manager

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 VITRAN CORPORATION INC.,
 as a Canadian Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	President & Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN EXPRESS CANADA INC.,
 as a Canadian Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN CORPORATION,
 as a U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN EXPRESS, INC.,
 as a U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 LAS VEGAS/L.A. EXPRESS, INC.,
 as U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN LOGISTICS CORP.,
 as a U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN LOGISTICS, INC.,
 as a U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 SHORTHAUL TRANSPORT CORPORATION,
 as a U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 MIDWEST SUPPLY CHAIN, INC.,
 as a U.S. Borrower and as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 CAN-AM LOGISTICS INC.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	President 
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN LOGISTICS LIMITED,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 EXPEDITEUR T.W. LTEE,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 1098304 ONTARIO INC.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	President 
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 DONEY HOLDINGS INC.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 ROUT-WAY EXPRESS LINES LTD./LES SERVICES ROUTIERS EXPRESS ROUT LTEE,

as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 1277050 ALBERTA INC.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 - Signature
Pages to Second Amendment to Credit Agreement - 

 
			
	 SOUTHERN EXPRESS LINES OF ONTARIO LIMITED,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 VITRAN ENVIRONMENTAL SYSTEMS INC.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	President 
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 0772703 B.C. LTD.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	Chief Executive Officer
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 1833660 ONTARIO INC.,
 as a Guarantor

		
	By:	 	 /S/ RICHARD E. GAETZ

	Name:	 	Richard E. Gaetz
	Title:	 	President 
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 - Signature
Pages to Second Amendment to Credit Agreement -Second Amended and Restated Credit Agreement

 Exhibit 10.1 
 EXECUTION VERSION 
  

 
  

 
  
 $300,000,000 CREDIT FACILITY 
 SECOND AMENDED AND RESTATED CREDIT
AGREEMENT 
 Dated as of October 31, 2012 

by and among 
 RENTECH NITROGEN, LLC, 
 as a Borrower, 

AGRIFOS LLC, 
 as a Borrower immediately following the AL Acquisition, 
 AGRIFOS
FERTILIZER L.L.C., 
 as a Borrower immediately following the AL Acquisition, 

AGRIFOS SPA LLC, 
 as a Borrower immediately following the AL Acquisition, 
 RENTECH
NITROGEN PARTNERS, L.P. 
 as Guarantor, 
 THE OTHER PERSONS PARTY HERETO THAT ARE 
 DESIGNATED AS CREDIT PARTIES
FROM TIME TO TIME, 
 GENERAL ELECTRIC CAPITAL CORPORATION 

for itself, as Swingline Lender and as Agent for all Lenders, 

THE OTHER FINANCIAL INSTITUTIONS PARTY HERETO 
 as Lenders, 
 GE CAPITAL MARKETS, INC., 

as Sole Lead Arranger and Bookrunner 
 and 
 BMO Harris Bank, N.A. 

as Syndication Agent 

 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	 ARTICLE I - THE CREDITS
	  	 	2	  
			
	 1.1
	  	 Amounts and Terms of Commitments
	  	 	2	  
	 1.2
	  	 Notes
	  	 	11	  
	 1.3
	  	 Interest
	  	 	11	  
	 1.4
	  	 Loan Accounts
	  	 	12	  
	 1.5
	  	 Procedure for Borrowing
	  	 	13	  
	 1.6
	  	 Conversion and Continuation Elections
	  	 	14	  
	 1.7
	  	 Optional Prepayments; Commitment Reduction and Termination
	  	 	14	  
	 1.8
	  	 Repayment of Loans
	  	 	16	  
	 1.9
	  	 Fees
	  	 	17	  
	 1.10
	  	 Payments by Borrowers
	  	 	19	  
	 1.11
	  	 Payments by the Lenders to Agent; Settlement
	  	 	20	  
	 1.12
	  	 Borrower Representative
	  	 	24	  
	 1.13
	  	 Replacement of Commitments
	  	 	24	  
	 1.14
	  	 Restatement of Obligations
	  	 	25	  
		
	 ARTICLE II - CONDITIONS PRECEDENT
	  	 	25	  
			
	 2.1
	  	 Conditions to Effectiveness of Agreement and Making of Initial Loans
	  	 	25	  
	 2.2
	  	 Conditions to All Borrowings
	  	 	27	  
		
	 ARTICLE III - REPRESENTATIONS AND WARRANTIES
	  	 	28	  
			
	 3.1
	  	 Corporate Existence and Power
	  	 	28	  
	 3.2
	  	 Corporate Authorization; No Contravention
	  	 	28	  
	 3.3
	  	 Governmental Authorization
	  	 	29	  
	 3.4
	  	 Binding Effect
	  	 	29	  
	 3.5
	  	 Litigation
	  	 	29	  
	 3.6
	  	 No Default
	  	 	29	  
	 3.7
	  	 ERISA Compliance
	  	 	30	  
	 3.8
	  	 Use of Proceeds; Margin Regulations
	  	 	30	  
	 3.9
	  	 Title to Properties
	  	 	30	  
	 3.10
	  	 Taxes
	  	 	31	  
	 3.11
	  	 Financial Condition
	  	 	32	  
	 3.12
	  	 Environmental Matters
	  	 	33	  
	 3.13
	  	 Regulated Entities
	  	 	34	  
	 3.14
	  	 Solvency
	  	 	34	  
	 3.15
	  	 Labor Relations
	  	 	35	  
	 3.16
	  	 Intellectual Property
	  	 	35	  
	 3.17
	  	 Brokers’ Fees; Transaction Fees
	  	 	35	  
	 3.18
	  	 Insurance
	  	 	35	  
	 3.19
	  	 Ventures, Subsidiaries and Affiliates; Outstanding Stock
	  	 	35	  
	 3.20
	  	 Jurisdiction of Organization; Chief Executive Office
	  	 	35	  
	 3.21
	  	 Deposit Accounts and Other Accounts
	  	 	35	  

  
 i 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
			
	 3.22
	  	Bonding; Licenses	  	 	36	  
	 3.23
	  	Contribution and Conversion Agreements	  	 	36	  
	 3.24
	  	Acquisition Agreement	  	 	36	  
	 3.25
	  	Status of Partnership and Affiliates	  	 	36	  
	 3.26
	  	Full Disclosure	  	 	36	  
	 3.27
	  	Foreign Assets Control Regulations and Anti-Money Laundering	  	 	37	  
	 3.28
	  	Patriot Act	  	 	37	  
		
	 ARTICLE IV - AFFIRMATIVE COVENANTS
	  	 	37	  
			
	 4.1
	  	Financial Statements	  	 	37	  
	 4.2
	  	Certificates; Other Information	  	 	39	  
	 4.3
	  	Notices	  	 	41	  
	 4.4
	  	Preservation of Corporate Existence, Etc	  	 	43	  
	 4.5
	  	Maintenance of Property	  	 	43	  
	 4.6
	  	Insurance	  	 	43	  
	 4.7
	  	Payment of Obligations	  	 	45	  
	 4.8
	  	Compliance with Laws	  	 	45	  
	 4.9
	  	Inspection of Property and Books and Records	  	 	45	  
	 4.10
	  	Use of Proceeds	  	 	46	  
	 4.11
	  	Cash Management Systems	  	 	46	  
	 4.12
	  	Landlord Agreements	  	 	46	  
	 4.13
	  	Further Assurances	  	 	47	  
	 4.14
	  	Environmental Matters	  	 	49	  
	 4.15
	  	Post-Closing Obligations	  	 	50	  
		
	 ARTICLE V - NEGATIVE COVENANTS
	  	 	51	  
			
	 5.1
	  	Limitation on Liens	  	 	51	  
	 5.2
	  	Disposition of Assets	  	 	53	  
	 5.3
	  	Consolidations and Mergers	  	 	54	  
	 5.4
	  	Loans and Investments	  	 	54	  
	 5.5
	  	Limitation on Indebtedness	  	 	55	  
	 5.6
	  	Transactions with Affiliates	  	 	56	  
	 5.7
	  	Fees and Compensation	  	 	56	  
	 5.8
	  	Use of Proceeds	  	 	57	  
	 5.9
	  	Contingent Obligations	  	 	57	  
	 5.10
	  	[Reserved]	  	 	58	  
	 5.11
	  	Restricted Payments	  	 	58	  
	 5.12
	  	Change in Business	  	 	59	  
	 5.13
	  	Change in Structure	  	 	59	  
	 5.14
	  	Changes in Accounting, Name and Jurisdiction of Organization	  	 	59	  
	 5.15
	  	Amendments to Related Agreements and Contribution and Conversion Agreements	  	 	60	  

  
 ii 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 5.16
	 	 No Negative Pledges
	  	 	60	  
	 5.17
	 	 OFAC; Patriot Act
	  	 	61	  
	 5.18
	 	 Sale-Leasebacks
	  	 	61	  
	 5.19
	 	 Hazardous Materials
	  	 	61	  
		
	 ARTICLE VI - FINANCIAL COVENANTS
	  	 	61	  
			
	 6.1
	 	 Total Leverage Ratio
	  	 	61	  
	 6.2
	 	 Fixed Charge Coverage Ratio
	  	 	61	  
	 6.3
	 	 Clean Down Period
	  	 	61	  
		
	 ARTICLE VII - EVENTS OF DEFAULT
	  	 	62	  
			
	 7.1
	 	 Event of Default
	  	 	62	  
	 7.2
	 	 Remedies
	  	 	64	  
	 7.3
	 	 Rights Not Exclusive
	  	 	65	  
	 7.4
	 	 Cash Collateral for Letters of Credit
	  	 	65	  
		
	 ARTICLE VIII - AGENT
	  	 	65	  
			
	 8.1
	 	 Appointment and Duties
	  	 	65	  
	 8.2
	 	 Binding Effect
	  	 	66	  
	 8.3
	 	 Use of Discretion
	  	 	66	  
	 8.4
	 	 Delegation of Rights and Duties
	  	 	67	  
	 8.5
	 	 Reliance and Liability
	  	 	67	  
	 8.6
	 	 Agent Individually
	  	 	69	  
	 8.7
	 	 Lender Credit Decision
	  	 	69	  
	 8.8
	 	 Expenses; Indemnities
	  	 	70	  
	 8.9
	 	 Resignation of Agent or L/C Issuer
	  	 	71	  
	 8.10
	 	 Release of Collateral or Guarantors
	  	 	71	  
	 8.11
	 	 Additional Secured Parties
	  	 	72	  
	 8.12
	 	 Documentation Agent and Syndication Agent
	  	 	72	  
		
	 ARTICLE IX - MISCELLANEOUS
	  	 	73	  
			
	 9.1
	 	 Amendments and Waivers
	  	 	73	  
	 9.2
	 	 Notices
	  	 	75	  
	 9.3
	 	 Electronic Transmissions
	  	 	76	  
	 9.4
	 	 No Waiver; Cumulative Remedies
	  	 	77	  
	 9.5
	 	 Costs and Expenses
	  	 	77	  
	 9.6
	 	 Indemnity
	  	 	78	  
	 9.7
	 	 Marshaling; Payments Set Aside
	  	 	79	  
	 9.8
	 	 Successors and Assigns
	  	 	79	  
	 9.9
	 	 Assignments and Participations; Binding Effect
	  	 	79	  
	 9.10
	 	 Non-Public Information; Confidentiality
	  	 	82	  
	 9.11
	 	 Set-off; Sharing of Payments
	  	 	84	  

  
 iii

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
			
	 9.12
	  	 Counterparts; Facsimile Signature
	  	 	85	  
	 9.13
	  	 Severability
	  	 	85	  
	 9.14
	  	 Captions
	  	 	85	  
	 9.15
	  	 Independence of Provisions
	  	 	85	  
	 9.16
	  	 Interpretation
	  	 	85	  
	 9.17
	  	 No Third Parties Benefited
	  	 	86	  
	 9.18
	  	 Governing Law and Jurisdiction
	  	 	86	  
	 9.19
	  	 Waiver of Jury Trial
	  	 	87	  
	 9.20
	  	 Entire Agreement; Release; Survival
	  	 	87	  
	 9.21
	  	 Patriot Act
	  	 	88	  
	 9.22
	  	 Replacement of Lender
	  	 	88	  
	 9.23
	  	 Creditor-Debtor Relationship
	  	 	88	  
	 9.24
	  	 No Recourse
	  	 	88	  
		
	 ARTICLE X - TAXES, YIELD PROTECTION AND ILLEGALITY
	  	 	89	  
			
	 10.1
	  	 Taxes
	  	 	89	  
	 10.2
	  	 Illegality
	  	 	92	  
	 10.3
	  	 Increased Costs and Reduction of Return
	  	 	93	  
	 10.4
	  	 Funding Losses
	  	 	94	  
	 10.5
	  	 Inability to Determine Rates
	  	 	94	  
	 10.6
	  	 Reserves on LIBOR Rate Loans
	  	 	95	  
	 10.7
	  	 Certificates of Lenders
	  	 	95	  
		
	 ARTICLE XI - DEFINITIONS
	  	 	95	  
			
	 11.1
	  	 Defined Terms
	  	 	95	  
	 11.2
	  	 Other Interpretive Provisions
	  	 	120	  
	 11.3
	  	 Accounting Terms and Principles
	  	 	121	  
	 11.4
	  	 Payments
	  	 	121	  

  
 iv 

 SCHEDULES 
  

			
	 Schedule 1.1(a)
	  	Term Loan Commitment
	 Schedule 1.1(b)
	  	Part I - CAPEX Loan Commitments; Part II – Schedule of CAPEX Loans
	 Schedule 1.1(c)
	  	Revolving Loan Commitments
	 Schedule 3.5
	  	Litigation
	 Schedule 3.7
	  	ERISA
	 Schedule 3.9
	  	Real Estate
	 Schedule 3.10
	  	Taxes
	 Schedule 3.12
	  	Environmental
	 Schedule 3.15
	  	Labor Relations
	 Schedule 3.17
	  	Brokers’ and Transaction Fees
	 Schedule 3.19
	  	Ventures, Subsidiaries and Affiliates; Outstanding Stock
	 Schedule 3.20
	  	Jurisdiction of Organization; Chief Executive Office
	 Schedule 3.21
	  	Deposit Accounts and Other Accounts
	 Schedule 3.22
	  	Bonding; Licenses
	 Schedule 4.2
	  	Partnership’s Website Address
	 Schedule 4.11
	  	Cash Management System
	 Schedule 4.14
	  	Task Milestones
	 Schedule 4.15
	  	Post-Closing Obligations
	 Schedule 5.1
	  	Liens
	 Schedule 5.4
	  	Investments
	 Schedule 5.5
	  	Indebtedness
	 Schedule 5.9
	  	Contingent Obligations
	
	 EXHIBITS

 

	 Exhibit 1.1(c)
	  	Form of L/C Request
	 Exhibit 1.1(d)
	  	Form of Swingline Loan Request
	 Exhibit 1.5
	  	Form of Notice of Borrowing
	 Exhibit 1.6
	  	Form of Notice of Conversion/Continuation
	 Exhibit 2.1
	  	Closing Checklist
	 Exhibit 4.2(b)
	  	Form of Compliance Certificate
	 Exhibit 5.4
	  	Form of Joint Venture Certificate
	 Exhibit 5.11
	  	Form of Permitted Dividend/Distribution Certificate
	 Exhibit 11.1(a)
	  	Form of Assignment
	 Exhibit 11.1(b)
	  	Form of CAPEX Note
	 Exhibit 11.1(c)
	  	Form of Revolving Note
	 Exhibit 11.1(d)
	  	Form of Swingline Note
	 Exhibit 11.1(e)
	  	Form of Term Note
	 Exhibit 11.1(f)
	  	Form of Joinder Agreement

  
 v 

 SECOND AMENDED AND RESTATED CREDIT AGREEMENT 

This SECOND AMENDED AND RESTATED CREDIT AGREEMENT (including all exhibits and schedules hereto, as the same may be amended, restated,
supplemented or otherwise modified or restated from time to time, this “Agreement”) is entered into as of October 31, 2012, by and among Rentech Nitrogen, LLC, a Delaware limited liability company (“RNL”), any
other Person that executes a Joinder Agreement to become a “Borrower” under this Agreement (RNL and each such Person being sometimes referred to herein collectively, as “Borrowers” and each individually as a
“Borrower”), Rentech Nitrogen Partners, L.P., a Delaware limited partnership (“Partnership”), the other Persons party hereto that are designated as a “Credit Party”, General Electric Capital Corporation, a
Delaware corporation (in its individual capacity, “GE Capital”), as agent (in such capacity, “Agent”) for the several financial institutions from time to time party to this Agreement (collectively, the
“Lenders” and individually each a “Lender”) and for itself as a Lender (including as Swingline Lender) and such Lenders. 
 RECITALS 
 A. On February 28, 2012, RNL, Agent, and the lenders
party thereto (the “Existing Lenders”) entered into that certain Amended and Restated Credit Agreement, as amended by the First Amendment to Amended and Restated Credit Agreement dated as of June 4, 2012 (collectively, the
“Existing Credit Agreement”) and certain other “Loan Documents” under and as defined therein (collectively, the “Existing Loan Documents”), pursuant to which Existing Lenders provided a $35,000,000
revolving credit facility and a $100,000,000 CAPEX facility to RNL on the terms and conditions set forth therein. 
 B. Pursuant
to that certain Membership Interest Purchase Agreement of even date herewith (the “Acquisition Agreement”), between Partnership and Agrifos Holdings Inc. (“Seller”), Partnership has or will acquire all of the
membership interests in Agrifos LLC, a Delaware limited liability company (“AL”) (the “AL Acquisition”). Immediately upon the consummation of the AL Acquisition, AL and AL’s Subsidiaries, Agrifos Fertilizer
L.L.C., a Delaware limited liability company (“AFL”), and Agrifos SPA LLC, a Delaware limited liability company (“ASL”), shall each execute a Joinder Agreement to become a Borrower under this Agreement. 

C. Each Borrower has requested that the Existing Loan Documents be amended and restated in order to, among other things, (1) provide
for a $35,000,000 revolving credit facility on the terms and conditions set forth herein, (2) provide for a $110,000,000 CAPEX credit facility to finance expenditures with respect to the Project (as defined in Section 11.1) and to finance
capital expenditures in an aggregate amount not to exceed $10,000,000 at the Texas Location (as defined in Section 11.1), (3) provide a new $155,000,000 term loan to be advanced on the Closing Date to fund a portion of the AL Acquisition,
(4) extend the commitment termination date under the Existing Credit Agreement, and (5) make certain other amendments to the Existing Credit Agreement, and Agent and Lenders are willing to do so in accordance with the terms and conditions
set forth herein and in the other Loan Documents (as defined below). 
 D. Each Borrower has agreed that all of its Obligations
under the Loan Documents will (1) in the case of RNL, continue to be secured by, and (2) in the case of each Borrower other 

  
 1 

 
than RNL, be secured by, a security interest and lien in favor of Agent, for the benefit of Agent and the Secured Parties, upon substantially all of its existing and after acquired Property
(including all of the Stock and Stock Equivalents of its Subsidiaries). 
 E. Partnership directly owns all of the Stock and
Stock Equivalents of RNL and is willing to continue to guaranty all of the Obligations and to continue to pledge to Agent, for the benefit of Agent and the Secured Parties, all of the Stock and Stock Equivalents of RNL and substantially all of its
other Property to secure the Obligations under the Loan Documents. 
 F. Upon the consummation of the AL Acquisition,
(1) Partnership will directly own all of the Stock and Stock Equivalents of AL and will pledge to Agent, for the benefit of Agent and the Secured Parties, all of the Stock and Stock Equivalents of AL and (2) AL will continue to directly
own all of the Stock and Stock Equivalents of AFL and ASL and will pledge to Agent, for the benefit of Agent and the Secured Parties, all of the Stock and Stock Equivalents of AFL and ASL. 

G. Capitalized terms used in this Agreement shall have the meanings ascribed to them in Section 11.1 and, for purposes of
this Agreement and the other Loan Documents, the rules of construction set forth in Section 11.2 shall govern. All Annexes, Disclosure Schedules, Exhibits and other attachments (collectively, “Appendices”) hereto, or
expressly identified to this Agreement, are incorporated herein by reference, and taken together with this Agreement, shall constitute but a single agreement. These Recitals shall be construed as part of the Agreement. 

AGREEMENT 
 NOW, THEREFORE, in consideration of the mutual agreements, provisions and covenants contained herein, and for other good and valuable consideration, the parties hereto agree, and the Existing Credit
Agreement is hereby amended and restated in its entirety, as follows: 
 ARTICLE I - 

THE CREDITS 
 1.1 Amounts and Terms of Commitments. 
 (a) The Term Loan. Subject
to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Credit Parties contained herein, each Term Lender with a Term Loan Commitment severally and not jointly agrees to lend to the Borrowers on
the Closing Date, the amount set forth opposite such Term Lender’s name in Schedule 1.1(a)(i) (such amount being referred to herein as such Term Lender’s “Term Loan Commitment” and the term loan
thereunder, the “Term Loan”). Term Loan and Incremental Term Loans are sometimes referred to individually as a “Term Loan” and together as the “Term Loans.” Amounts borrowed as a Term Loan which are
repaid or prepaid may not be reborrowed. The Term Loan Commitment of each Term Lender shall expire on the Closing Date. The Incremental Term Loan Commitment of each Term Lender shall expire on the date on which the final Incremental Term Loan is
made in accordance with Section 1.1(f). 

  
 2 

 (b) The CAPEX Credit. Subject to the terms and conditions of this Agreement and in
reliance upon the representations and warranties of the Credit Parties contained herein, each CAPEX Lender severally and not jointly agrees to make advances to Borrowers (each such advance and each “CAPEX Loan” made under the Existing
Credit Agreement prior to the Closing Date, collectively, a “CAPEX Loan”) from time to time on any Business Day during the period from the Closing Date through the Final CAPEX Loan Availability Date, in an aggregate principal amount
not to exceed at any time outstanding the amount set forth opposite such CAPEX Lender’s name in Part I of Schedule 1.1(b) (such amount as the same may be reduced or increased from time to time in accordance with this
Agreement, being referred to herein as such Lender’s “CAPEX Loan Commitment”) consisting of (i) $29,489,764.96 of which has been drawn under the “CAPEX Loan” under the Existing Credit Agreement,
(ii) $70,510,235.04 of which remains undrawn under the “CAPEX Loan” under the Existing Credit Agreement and (iii) $10,000,000 of which constitutes a new “CAPEX Loan” being made available under this Agreement;
provided, that the aggregate cumulative amount of all CAPEX Loans made hereunder shall not exceed the CAPEX Loan Commitment of all CAPEX Lenders. The CAPEX Loans, once repaid or prepaid, may not be reborrowed. The “Available CAPEX
Loan Balance” from time to time will be the Aggregate CAPEX Loan Commitment then in effect less the aggregate amount of CAPEX Loans that have been made hereunder. Borrowers project to borrow the portion of the CAPEX Loans related to
the Project in accordance with the schedule of CAPEX Loans set forth in Part II of Schedule 1.1(b) (the “Schedule of CAPEX Loans”); provided, that if, as of the end of any fiscal month ending on or after
the Closing Date, the cumulative aggregate amount of the CAPEX Loans outstanding as of the end of such fiscal month varies from the cumulative amount of the projected amount of CAPEX Loans described in the Schedule of CAPEX Loans as of such date by
more than 25%, then Borrower Representative shall deliver a written report in accordance with Section 4.2(h). 
 (c)
The Revolving Credit. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Credit Parties contained herein, each Revolving Lender severally and not jointly agrees to make Loans
to Borrowers (each such Loan, a “Revolving Loan”) from time to time on any Business Day during the period from the Closing Date through the Final Revolving Loan Availability Date, in an aggregate principal amount not to exceed at
any time outstanding the amount set forth opposite such Revolving Lender’s name in Schedule 1.1(c) (such amount as the same may be reduced or increased from time to time in accordance with this Agreement, being referred to herein
as such Lender’s “Revolving Loan Commitment”); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the aggregate principal amount of all outstanding Revolving Loans shall not exceed the
Maximum Revolving Loan Balance. Subject to the other terms and conditions hereof, amounts borrowed under this Section 1.1(c) may be repaid and reborrowed from time to time. The “Maximum Revolving Loan Balance” from time
to time will be the Aggregate Revolving Loan Commitment then in effect less the aggregate amount of Letter of Credit Obligations and the aggregate principal amount of the outstanding Swingline Loans that have been made hereunder. If at any
time the then outstanding principal balance of Revolving Loans exceeds the Maximum Revolving Loan Balance, then Borrowers shall immediately prepay outstanding Revolving Loans in an amount sufficient to eliminate such excess. 

(d) Letters of Credit. (i) Conditions. On the terms and subject to the conditions contained herein, Borrower
Representative may request that one or more L/C Issuers 

  
 3 

 
Issue, in accordance with such L/C Issuers’ usual and customary business practices, and for the account of Borrowers, Letters of Credit (denominated in Dollars) from time to time on any
Business Day during the period from the Closing Date through the earlier of (x) the Final Revolving Loan Availability Date and (y) seven (7) days prior to the date specified in clause (a) of the definition of Revolving
Termination Date; provided, however, that no L/C Issuer shall Issue any Letter of Credit upon the occurrence of any of the following or, if after giving effect to such Issuance: 

(A) (i) Availability would be less than zero, or (ii) the Letter of Credit Obligations for all Letters of Credit
would exceed $10,000,000 (the “L/C Sublimit”); 
 (B) the expiration date of such Letter of
Credit (i) is not a Business Day, (ii) is more than one year after the date of Issuance thereof or (iii) is later than seven (7) days prior to the date specified in clause (a) of the definition of Revolving
Termination Date; provided, however, that any Letter of Credit with a term not exceeding one year may provide for its renewal for additional periods not exceeding one year as long as (x) each of each Borrower and such L/C Issuer have the
option to prevent such renewal before the expiration of such term or any such period and (y) neither such L/C Issuer nor any Borrower shall permit any such renewal to extend such expiration date beyond the date set forth in clause
(iii) above; or 
 (C) (i) any fee due in connection with, and on or prior to, such Issuance has not
been paid, (ii) such Letter of Credit is requested to be Issued in a form that is not acceptable to such L/C Issuer or (iii) such L/C Issuer shall not have received, each in form and substance reasonably acceptable to it and duly executed
by Borrower Representative on behalf of the Credit Parties, the documents that such L/C Issuer generally uses in the Ordinary Course of Business for the Issuance of letters of credit of the type of such Letter of Credit (collectively, the
“L/C Reimbursement Agreement”). 
 Furthermore, GE Capital as an L/C Issuer may elect only to Issue Letters of Credit in its
own name and may only issue Letters of Credit to the extent permitted by Requirements of Law, and such Letters of Credit may not be accepted by certain beneficiaries such as insurance companies. For each Issuance, the applicable L/C Issuer may, but
shall not be required to, determine that, or take notice whether, the conditions precedent set forth in Section 2.2 have been satisfied or waived in connection with the Issuance of any Letter of Credit; provided, however, that no
Letters of Credit shall be Issued during the period starting on the first Business Day after the receipt by such L/C Issuer of notice from Agent or the Required Revolving Lenders that any condition precedent contained in Section 2.2 is
not satisfied and ending on the date all such conditions are satisfied or duly waived. 
 Notwithstanding anything else to the contrary herein,
if any Lender is a Non-Funding Lender or Impacted Lender, no L/C Issuer shall be obligated to Issue any Letter of Credit unless (w) the Non-Funding Lender or Impacted Lender has been replaced in accordance with Sections 9.9 or
9.22, (x) the Letter of Credit Obligations of such Non-Funding Lender or Impacted Lender have been cash collateralized, (y) the Revolving Loan Commitments of the other Lenders have been increased by an amount sufficient to satisfy
Agent that all future Letter of Credit Obligations will be covered by all Revolving Lenders that are not Non-Funding Lenders or Impacted Lenders, or 

  
 4 

 
(z) the Letter of Credit Obligations of such Non-Funding Lender or Impacted Lender have been reallocated to other Revolving Lenders in a manner consistent with Section 1.11(e)(ii).

 (ii) Notice of Issuance. Borrower Representative shall give the relevant L/C Issuer and Agent a notice
of any requested Issuance of any Letter of Credit, which shall be effective only if received by such L/C Issuer and Agent not later than 12:00 noon (New York time) on the third Business Day prior to the date of such requested Issuance. Such notice
shall be made in a writing or Electronic Transmission substantially in the form of Exhibit 1.1(c) duly completed or in a writing in any other form acceptable to such L/C Issuer (an “L/C Request”). 

(iii) Reporting Obligations of L/C Issuers. Each L/C Issuer agrees to provide Agent, in form and substance
satisfactory to Agent, each of the following on the following dates: (A) (i) on or prior to any Issuance of any Letter of Credit by such L/C Issuer, (ii) immediately after any drawing under any such Letter of Credit or
(iii) immediately after any payment (or failure to pay when due) by any Borrower of any related L/C Reimbursement Obligation, notice thereof, which shall contain a reasonably detailed description of such Issuance, drawing or payment, and Agent
shall provide copies of such notices to each Revolving Lender reasonably promptly after receipt thereof; (B) upon the request of Agent (or any Revolving Lender through Agent), copies of any Letter of Credit Issued by such L/C Issuer and any
related L/C Reimbursement Agreement and such other documents and information as may reasonably be requested by Agent; and (C) on the first Business Day of each calendar week, a schedule of the Letters of Credit Issued by such L/C Issuer, in
form and substance reasonably satisfactory to Agent, setting forth the Letter of Credit Obligations for such Letters of Credit outstanding on the last Business Day of the previous calendar week. 

(iv) Acquisition of Participations. Upon any Issuance of a Letter of Credit in accordance with the terms of this
Agreement resulting in any increase in the Letter of Credit Obligations, each Revolving Lender shall be deemed to have acquired, without recourse or warranty, an undivided interest and participation in such Letter of Credit and the related Letter of
Credit Obligations in an amount equal to its Commitment Percentage of such Letter of Credit Obligations. 
 (v)
Reimbursement Obligations of Borrowers. Borrowers agree to pay to the L/C Issuer of any Letter of Credit, or to Agent for the benefit of such L/C Issuer, each L/C Reimbursement Obligation owing with respect to such Letter of Credit no later
than the first Business Day after Borrowers or Borrower Representative receive notice from such L/C Issuer or from Agent that payment has been made under such Letter of Credit or that such L/C Reimbursement Obligation is otherwise due (the
“L/C Reimbursement Date”) with interest thereon computed as set forth in clause (A) below. In the event that any L/C Reimbursement Obligation is not repaid by Borrowers as provided in this clause (v) (or any
such payment by Borrowers is rescinded or set aside for any reason), such L/C Issuer shall promptly notify Agent of such failure (and, upon receipt of such notice, Agent shall notify each Revolving Lender) and, irrespective of whether such notice is
given, such L/C Reimbursement Obligation shall be payable on demand by Borrowers with interest thereon computed (A) from the date on which such 

  
 5 

 
L/C Reimbursement Obligation arose to the L/C Reimbursement Date, at the interest rate applicable during such period to Revolving Loans that are Base Rate Loans and (B) thereafter until
payment in full, at the interest rate specified in Section 1.3(c) to past due Revolving Loans that are Base Rate Loans (regardless of whether or not an election is made under such subsection). 

(vi) Reimbursement Obligations of the Revolving Credit Lenders. 

(1) Upon receipt of the notice described in clause (v) above from Agent, each Revolving Lender shall pay to
Agent for the account of such L/C Issuer its Commitment Percentage of such Letter of Credit Obligations (as such amount may be increased pursuant to Section 1.11(e)(ii)). 

(2) By making any payment described in clause (1) above (other than during the continuation of an Event of
Default under Section 7.1(f) or 7.1(g)), such Lender shall be deemed to have made a Revolving Loan to Borrowers, which, upon receipt thereof by Agent for the benefit of such L/C Issuer, Borrowers shall be deemed to have used in
whole to repay such L/C Reimbursement Obligation. Any such payment that is not deemed a Revolving Loan shall be deemed a funding by such Lender of its participation in the applicable Letter of Credit and the Letter of Credit Obligation in respect of
the related L/C Reimbursement Obligations. Such participation shall not otherwise be required to be funded. Following receipt by any L/C Issuer of any payment from any Lender pursuant to this clause (vi) with respect to any portion of
any L/C Reimbursement Obligation, such L/C Issuer shall promptly pay to the Agent, for the benefit of such Lender, all amounts received by such L/C Issuer (or to the extent such amounts shall have been received by the Agent for the benefit of such
L/C Issuer, the Agent shall promptly pay to such Lender all amounts received by the Agent for the benefit of such L/C Issuer) with respect to such portion. 
 (vii) Obligations Absolute. The obligations of Borrowers and the Revolving Lenders pursuant to clauses (iv), (v) and (vi) above shall be absolute, unconditional and
irrevocable and performed strictly in accordance with the terms of this Agreement irrespective of (A) (i) the invalidity or unenforceability of any term or provision in any Letter of Credit, any document transferring or purporting to
transfer a Letter of Credit, any Loan Document (including the sufficiency of any such instrument), or any modification to any provision of any of the foregoing, (ii) any document presented under a Letter of Credit being forged, fraudulent,
invalid, insufficient or inaccurate in any respect or failing to comply with the terms of such Letter of Credit or (iii) any loss or delay, including in the transmission of any document, (B) the existence of any setoff, claim, abatement,
recoupment, defense or other right that any Person (including any Credit Party) may have against the beneficiary of any Letter of Credit or any other Person, whether in connection with any Loan Document or any other Contractual Obligation or
transaction, or the existence of any other withholding, abatement or reduction, (C) in the case of the obligations of any Revolving Lender, (i) the failure of any condition precedent set forth in Section 2.2 to be satisfied
(each of which conditions precedent the Revolving Lenders hereby irrevocably waive) or (ii) any adverse change in the condition (financial or otherwise) of any Credit Party and (D) any other act or

  
 6 

 
omission to act or delay of any kind of Agent, any Lender or any other Person or any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for
the provisions of this clause (vii), constitute a legal or equitable discharge of any obligation of Borrowers or any Revolving Lender hereunder. No provision hereof shall be deemed to waive or limit Borrowers’ right to seek repayment of
any payment of any L/C Reimbursement Obligations from the L/C Issuer under the terms of the applicable L/C Reimbursement Agreement or applicable law. 
 (e) Swingline Loans. 
 (i) Availability. Subject to
the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Credit Parties contained herein, the Swingline Lender may, in its sole discretion, make Loans (each a “Swingline Loan”)
available to the Borrowers under the Revolving Loan Commitments from time to time on any Business Day during the period from the Closing Date through the Final Revolving Loan Availability Date in an aggregate principal amount at any time outstanding
not to exceed its Swingline Commitment; provided, however, that the Swingline Lender may not make any Swingline Loan (x) to the extent that after giving effect to such Swingline Loan, the aggregate principal amount of all Revolving Loans
would exceed the Maximum Revolving Loan Balance and (y) during the period commencing on the first Business Day after it receives notice from Agent or the Required Revolving Lenders that one or more of the conditions precedent contained in
Section 2.2 are not satisfied and ending when such conditions are satisfied or duly waived. In connection with the making of any Swingline Loan, the Swingline Lender may but shall not be required to determine that, or take notice
whether, the conditions precedent set forth in Section 2.2 have been satisfied or waived. Each Swingline Loan shall be a Base Rate Loan and must be repaid as provided herein, but in any event must be repaid in full on the Revolving
Termination Date. Within the limits set forth in the first sentence of this clause (i), amounts of Swingline Loans repaid may be reborrowed under this clause (i). 

(ii) Borrowing Procedures. In order to request a Swingline Loan, the Borrower Representative shall give to Agent a
notice to be received not later than 2:00 p.m. (New York time) on the day of the proposed Borrowing, which shall be made in a writing or in an Electronic Transmission substantially in the form of Exhibit 1.1(d) or in a writing in any
other form acceptable to Agent duly completed (a “Swingline Request”). In addition, if any Notice of Borrowing of Revolving Loans requests a Borrowing of Base Rate Loans, the Swingline Lender may, notwithstanding anything else to
the contrary herein, make a Swingline Loan to the Borrowers in an aggregate amount not to exceed such proposed Borrowing, and the aggregate amount of the corresponding proposed Borrowing shall be reduced accordingly by the principal amount of such
Swingline Loan. Agent shall promptly notify the Swingline Lender of the details of the requested Swingline Loan. Upon receipt of such notice and subject to the terms of this Agreement, the Swingline Lender may make a Swingline Loan available to the
Borrowers by making the proceeds thereof available to Agent and, in turn, Agent shall make such proceeds available to the Borrowers on the date set forth in the relevant Swingline Request or Notice of Borrowing. 

  
 7 

 (iii) Refinancing Swingline Loans. 

(1) The Swingline Lender may at any time (and shall no less frequently than once each week) forward a demand to Agent
(which Agent shall, upon receipt, forward to each Revolving Lender) that each Revolving Lender pay to Agent, for the account of the Swingline Lender, such Revolving Lender’s Commitment Percentage of the outstanding Swingline Loans (as such
amount may be increased pursuant to Section 1.11(e)(ii)). 
 (2) Each Revolving Lender shall pay the
amount owing by it to Agent for the account of the Swingline Lender on the Business Day following receipt of the notice or demand therefor. Payments received by Agent after 1:00 p.m. (New York time) may, in Agent’s discretion, be deemed to be
received on the next Business Day. Upon receipt by Agent of such payment (other than during the continuation of any Event of Default under Section 7.1(f) or 7.1(g)), such Revolving Lender shall be deemed to have made a Revolving
Loan to the Borrowers, which, upon receipt of such payment by the Swingline Lender from Agent, the Borrowers shall be deemed to have used in whole to refinance such Swingline Loan. In addition, regardless of whether any such demand is made, upon the
occurrence of any Event of Default under Section 7.1(f) or 7.1(g), each Revolving Lender shall be deemed to have acquired, without recourse or warranty, an undivided interest and participation in each Swingline Loan in an amount
equal to such Lender’s Commitment Percentage of such Swingline Loan. If any payment made by any Revolving Lender as a result of any such demand is not deemed a Revolving Loan, such payment shall be deemed a funding by such Lender of such
participation. Such participation shall not be otherwise required to be funded. Upon receipt by the Swingline Lender of any payment from any Revolving Lender pursuant to this clause (iii) with respect to any portion of any Swingline
Loan, the Swingline Lender shall promptly pay over to such Revolving Lender all payments of principal (to the extent received after such payment by such Lender) and interest (to the extent accrued with respect to periods after such payment) on
account of such Swingline Loan received by the Swingline Lender with respect to such portion. 
 (iv)
Obligation to Fund Absolute. Each Revolving Lender’s obligations pursuant to clause (iii) above shall be absolute, unconditional and irrevocable and shall be performed strictly in accordance with the terms of this Agreement
under any and all circumstances whatsoever, including (A) the existence of any setoff, claim, abatement, recoupment, defense or other right that such Lender, any Affiliate thereof or any other Person may have against the Swingline Lender,
Agent, any other Lender or L/C Issuer or any other Person, (B) the failure of any condition precedent set forth in Section 2.2 to be satisfied or the failure of the Borrower Representative to deliver a Notice of Borrowing (each of
which requirements the Revolving Lenders hereby irrevocably waive) and (C) any adverse change in the condition (financial or otherwise) of any Credit Party. 
 (f) Incremental Facilities. 

  
 8 

 (i) Requests. Borrowers may, by written notice to Agent (each, an
“Incremental Term Loan Request”) from Borrower Representative, request increases in the Term Loan Commitments or add one or more incremental term loan facilities to the Term Loan (each, an “Incremental Term Loan
Commitment” and the term loans thereunder, whether or not a separate tranche, an “Incremental Term Loan” and collectively, the “Incremental Term Loans”) in Dollars in an aggregate amount not to exceed
$35,000,000 for all such Incremental Term Loans at any time on or before October 31, 2014; provided that no commitment of any Lender shall be increased without the consent of such Lender. Such notice shall set forth (A) the amount
of the Incremental Term Loan Commitment being requested (which shall be in a minimum amount of $5,000,000 and multiples of $1,000,000 in excess thereof), (B) the date (an “Incremental Effective Date”) on which such Incremental
Term Loan is requested to be made (which, unless otherwise agreed by Agent, shall not be less than ten (10) Business Days nor more than sixty (60) days after the date of such notice), and (C) whether the related Incremental Term Loan
is to be a LIBOR Rate Loan or a Base Rate Loan (and, if a LIBOR Rate Loan, the Interest Period therefor). 
 (ii)
Allocations. Upon delivery of the applicable Incremental Term Loan Request, such Incremental Term Loan shall be offered to all Lenders pro rata according to the respective outstanding principal amount of the Term Loan Commitment held by each
Lender. If the applicable Lenders do not respond to such offer or accept the offered Incremental Term Loan in its entirety on a pro rata basis, in each case, within five (5) Business Days of such offer, that portion of the Incremental Term Loan
not accepted by the applicable Lenders shall be offered to the applicable Lenders on a non-pro rata basis. If the applicable Lenders do not respond to such offer or accept the applicable Incremental Term Loan in its entirety on a non-pro rata basis,
in each case, within two (2) Business Days after such offer, that portion of the Incremental Term Loan not accepted by the applicable Lenders may be offered to Eligible Assignees. 

(iii) Conditions. No Incremental Term Loan shall become effective under this Section 1.1(f) unless,
after giving effect to such Incremental Term Loan, the Loans to be made thereunder and the application of the proceeds therefrom, (A) no Default or Event of Default shall exist, (B) as of the last day of the most recent month for which
financial statements have been delivered pursuant to Section 4.1(c), the Total Leverage Ratio recomputed on a pro forma basis shall not exceed 2.0 to 1.0, (C) the proceeds of such Incremental Term Loans shall be used for capital
expenditures of AL related to the construction of a co-generation facility or a shipping terminal facility at the Texas Location, and (D) Agent shall have received a certificate of a Responsible Officer of the Borrower Representative certifying
as to the foregoing. 
 (iv) Terms. The final maturity date of any Incremental Term Loan that is a
separate tranche shall be no earlier than the maturity date of the initial Term Loan and the weighted average life to maturity of any such Incremental Term Loan shall not be shorter than the weighted average life to maturity of the initial Term
Loan. The all-in yield (including interest rate margins, any interest rate floors, original issue discount and upfront fees (based on the lesser of a four-year average life to maturity or the remaining life to maturity), but excluding reasonable and
customary arrangement, structuring and 

  
 9 

 
underwriting fees paid or payable to Agent or any of its Affiliates with respect to such Incremental Term Loan) applicable to any Incremental Term Loan shall not be more than 0.50% per annum
higher than the corresponding all-in yield (determined on the same basis) applicable to the then outstanding initial Term Loan, or any outstanding prior Incremental Term Loan, unless the interest rate margin (and the interest rate floor, if
applicable) with respect to the then outstanding initial Term Loan, and each outstanding prior Incremental Term Loan, as the case may be, is increased by an amount equal to the difference between the all-in yield with respect to the Incremental Term
Loan and the all-in yield on the then outstanding initial Term Loan, and any outstanding prior Incremental Term Loan, as the case may be, minus, 0.50% per annum. Except with respect to amortization, pricing and final maturity as set
forth in this clause (iv), any Incremental Term Loan shall be on terms consistent with the initial Term Loan. 
 (v) Required Amendments. Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Term Loan, this Agreement shall be amended to the extent (but only to the extent)
necessary to reflect the existence of such Incremental Term Loan and the Loans evidenced thereby, and any joinder agreement or amendment may without the consent of the other Lenders effect such amendments to this Agreement and the other Loan
Documents as may be necessary or appropriate, in the reasonable opinion of Agent and Borrowers, to effectuate the provisions of this Section 1.1(f), and, for the avoidance of doubt, this Section 1.1(f) shall supersede any
provisions in Section 9.1. From and after each Incremental Effective Date, the Loans and Commitments established pursuant to this Section 1.1(f) shall constitute Loans and Commitments under, and shall be entitled to all the
benefits afforded by, this Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the guaranties and security interests created by the applicable Collateral Documents. The Credit Parties
shall take any actions reasonably required by Agent to ensure or demonstrate that the Liens and security interests granted by the applicable Collateral Documents continue to be perfected under the UCC or otherwise after giving effect to the
establishment of any such new Loans and Commitments, including, without limitation, compliance with Section 4.13(c). 
 (g) Existing Indebtedness. RNL acknowledges and confirms that as of October 30, 2012, RNL and the other “Credit Parties” under the Existing Credit Agreement are indebted to the
Existing Lenders without defense, set-off or counter-claim under the Existing Credit Agreement in the principal amount of (i) $29,489,764.96 in respect of the CAPEX Loans advanced in connection with the Existing Credit Agreement, and
(ii) $0, in respect of the Revolving Loans advanced in connection with the Existing Credit Agreement. This Agreement and the other Loan Documents amend and restate the Existing Credit Agreement, and the Existing Indebtedness shall be deemed to
constitute a Loan hereunder. The execution and delivery of this Agreement and the other Loan Documents, however, does not evidence or represent a refinancing, repayment, accord and/or satisfaction or novation of the Existing Indebtedness. All of
Lenders’ obligations to the Borrowers with respect to Loans to be made concurrently herewith (including the Existing Indebtedness, which is deemed to have been made on the Closing Date) or after the date hereof are set forth in this Agreement.
All Liens previously granted to Agent, pursuant to the Existing Credit Agreement and the Existing Loan 

  
 10 

 
Documents, as applicable, are acknowledged and reconfirmed and remain in full force and effect and are not intended to be released, replaced or impaired. 

1.2 Notes. 
 (a) The Term Loan made by each Lender with a Term Loan Commitment is evidenced by this Agreement and, if requested by such Lender, a Term Note payable to such Lender in an amount equal to such
Lender’s Term Loan Commitment. 
 (b) The CAPEX Loans made by each CAPEX Lender with a CAPEX Loan Commitment is evidenced
by this Agreement and the Register and, if requested by such Lender, a CAPEX Note payable to such Lender in an amount equal to such Lender’s CAPEX Loan Commitment. 
 (c) The Revolving Loans made by each Revolving Lender is evidenced by this Agreement and, if requested by such Lender, a Revolving Note payable to such Lender in an amount equal to such Lender’s
Revolving Loan Commitment. 
 (d) Swingline Loans made by the Swingline Lender is evidenced by this Agreement and the Register
and, if requested by such Lender, a Swingline Note in an amount equal to the Swingline Commitment. 
 1.3 Interest.

 (a) Subject to Sections 1.3(c) and 1.3(d), each Loan shall bear interest on the outstanding principal amount
thereof from the date when made at a rate per annum equal to the LIBOR or the Base Rate, as the case may be, plus the Applicable Margin; provided, that Swingline Loans may not be LIBOR Rate Loans. Each determination of an interest rate
by Agent shall be conclusive and binding on each Borrower and the Lenders in the absence of manifest error. All computations of fees and, with respect to LIBOR Rate Loans, interest payable under this Agreement shall be made on the basis of a 360-day
year and actual days elapsed and with respect to Base Rate Loans, all computations of interest payable under this Agreement shall be made on the basis of a 365/366-day year and actual days elapsed. Interest and fees shall accrue during each period
during which interest or such fees are computed from the first day thereof to the last day thereof. 
 (b) Interest on each Loan
shall be paid in arrears on each Interest Payment Date. Interest shall also be paid on the date of any payment or prepayment of the CAPEX Loans or the Term Loans in full and on the Revolving Loans on the Revolving Termination Date. 

(c) Immediately upon the occurrence and during the continuance of an Event of Default under Section 7.1(f) and 7.1(g),
or at the election of Agent or the Required Lenders upon the occurrence and during the continuance of any other Event of Default, Borrowers shall pay interest (after as well as before entry of judgment thereon to the extent permitted by law) on the
Loans from and after the date of occurrence and during the continuance of such Event of Default, at a rate per annum which is determined by adding two percent (2.0%) per annum to the Applicable Margin then in effect for such Loans (plus the
LIBOR or Base Rate, as the case may be). All such interest shall be payable on demand of Agent or the Required Lenders. 

  
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 (d) Anything herein to the contrary notwithstanding, the obligations of Borrowers hereunder
shall be subject to the limitation that payments of interest shall not be required, for any period for which interest is computed hereunder, to the extent (but only to the extent) that contracting for or receiving such payment by the respective
Lender would be contrary to the provisions of any law applicable to such Lender limiting the highest rate of interest which may be lawfully contracted for, charged or received by such Lender, and in such event Borrowers shall pay such Lender
interest at the highest rate permitted by applicable law (“Maximum Lawful Rate”); provided, however, that if at any time thereafter the rate of interest payable hereunder is less than the Maximum Lawful Rate, Borrowers shall
continue to pay interest hereunder at the Maximum Lawful Rate until such time as the total interest received by Agent, on behalf of Lenders, is equal to the total interest that would have been received had the interest payable hereunder been (but
for the operation of this paragraph) the interest rate payable since the Closing Date as otherwise provided in this Agreement. 

1.4 Loan Accounts. 
 (a) Agent, on behalf of the Lenders, shall record on its books and records the amount of each Loan made, the interest rate applicable, all payments of principal and interest thereon and the principal
balance thereof from time to time outstanding. Agent shall deliver to Borrower Representative on a monthly basis a loan statement setting forth such record for the immediately preceding calendar month. Such record shall, absent manifest error, be
conclusive evidence of the amount of the Loans made by the Lenders to Borrowers and the interest and payments thereon. Any failure to so record or any error in doing so, or any failure to deliver such loan statement shall not, however, limit or
otherwise affect the obligation of Borrowers hereunder (and under any Note) to pay any amount owing with respect to the Loans or provide the basis for any claim against Agent. 
 (b) Agent, acting as a non-fiduciary agent of Borrowers solely for tax purposes and solely with respect to the actions described in this Section 1.4(b), shall establish and maintain at its
address referred to in Section 9.2 (or at such other address as Agent may notify Borrower Representative) (A) a record of ownership (the “Register”) in which Agent agrees to register by book entry the interests
(including any rights to receive payment hereunder) of Agent, each Lender and each L/C Issuer in the Term Loans, CAPEX Loans, Revolving Loans, Swingline Loans, L/C Reimbursement Obligations and Letter of Credit Obligations, each of their obligations
under this Agreement to participate in each Loan, Letter of Credit, Letter of Credit Obligations and L/C Reimbursement Obligations, and any assignment of any such interest, obligation or right and (B) accounts in the Register in accordance with
its usual practice in which it shall record (1) the names and addresses of the Lenders and the L/C Issuers (and each change thereto pursuant to Sections 9.9 and 9.22), (2) the Commitments of each Lender, (3) the amount
of each Loan and each funding of any participation described in clause (A) above, and for LIBOR Rate Loans, the Interest Period applicable thereto, (4) the amount of any principal or interest due and payable or paid, (5) the
amount of the L/C Reimbursement Obligations due and payable or paid in respect of Letters of Credit and (6) any other payment received by Agent from a Borrower and its application to the Obligations. 

(c) Notwithstanding anything to the contrary contained in this Agreement, the Loans (including any Notes evidencing such Loans and, in
the case of Revolving Loans, the 

  
 12 

 
corresponding obligations to participate in Letter of Credit Obligations and Swingline Loans) and the L/C Reimbursement Obligations are registered obligations, the right, title and interest of
the Lenders and the L/C Issuers and their assignees in and to such Loans or L/C Reimbursement Obligations, as the case may be, shall be transferable in accordance with the terms herein and only upon notation of such transfer in the Register and no
assignment thereof shall be effective until recorded therein. This Section 1.4 and Section 9.9 shall be construed so that the Loans and L/C Reimbursement Obligations are at all times maintained in “registered form”
within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code. 
 (d) The Credit Parties, Agent, the Lenders and
the L/C Issuers shall treat each Person whose name is recorded in the Register as a Lender or L/C Issuer, as applicable, for all purposes of this Agreement. Information contained in the Register with respect to any Lender or any L/C Issuer shall be
available for access by Borrowers, the Borrower Representative, Agent, such Lender or such L/C Issuer during normal business hours and from time to time upon at least one Business Day’s prior notice. No Lender or L/C Issuer shall, in such
capacity, have access to or be otherwise permitted to review any information in the Register other than information with respect to such Lender or L/C Issuer unless otherwise agreed by the Agent. 

1.5 Procedure for Borrowing. 
 (a) Each Borrowing of a CAPEX Loan or a Revolving Loan shall be made upon Borrower Representative’s irrevocable (subject to Section 10.5) written notice delivered to Agent substantially
in the form of a Notice of Borrowing or in a writing in any other form acceptable to Agent, which notice must be received by Agent prior to 12:00 noon (New York time) (i) on the date which is one (1) Business Day prior to the requested
Borrowing date of each Base Rate Loan, and (ii) on the day which is three (3) Business Days prior to the requested Borrowing date in the case of each LIBOR Rate Loan. Such Notice of Borrowing shall specify and certify: 

(i) the amount of the Borrowing (which shall be (A) with respect to a CAPEX Loan, an aggregate minimum principal
amount of $2,500,000 (other than the final Borrowing hereunder), and (B) with respect to a Revolving Loan, an aggregate minimum principal amount of $100,000); 

(ii) the requested Borrowing date, which shall be a Business Day; 

(iii) whether the Borrowing is to be comprised of LIBOR Rate Loans or Base Rate Loans; 

(iv) if the Borrowing is to be LIBOR Rate Loans, the Interest Period applicable to such Loans; and 

(v) with respect to a CAPEX Loan, that each of the conditions in Section 2.2(d) shall have been met.

 (b) Upon receipt of a Notice of Borrowing, Agent will promptly notify each Lender of such Notice of Borrowing and of the
amount of such Lender’s Commitment Percentage of the Borrowing of a CAPEX Loan or a Revolving Loan, as applicable. 

  
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 (c) Unless Agent is otherwise directed in writing by Borrower Representative, the proceeds
of each requested Borrowing after the Closing Date will be made available to Borrowers by Agent by wire transfer of such amount to Borrowers pursuant to the wire transfer instructions specified on the signature page hereto. 

1.6 Conversion and Continuation Elections. 
 (a) Borrowers shall have the option to (i) request that any Loan be made as a LIBOR Rate Loan, (ii) convert at any time all or any part of outstanding Loans (other than Swingline Loans) from
Base Rate Loans to LIBOR Rate Loans, (iii) convert any LIBOR Rate Loan to a Base Rate Loan, subject to Section 10.4 if such conversion is made prior to the expiration of the Interest Period applicable thereto, or (iv) continue
all or any portion of any Loan as a LIBOR Rate Loan upon the expiration of the applicable Interest Period. Any Loan or group of Loans having the same proposed Interest Period to be made or continued as, or converted into, a LIBOR Rate Loan must be
in a minimum amount of $1,000,000 and integral multiples of $100,000 in excess of such amount. Any such election must be made by Borrower Representative by 12:00 noon (New York time) on the third Business Day prior to (1) the date of any
proposed Loan which is to bear interest at LIBOR, (2) the end of each Interest Period with respect to any LIBOR Rate Loans to be continued as such, or (3) the date on which Borrowers wish to convert any Base Rate Loan to a LIBOR Rate Loan
for an Interest Period designated by Borrower Representative in such election. If no election is received with respect to a LIBOR Rate Loan by 12:00 noon (New York time) on the third Business Day prior to the end of the Interest Period with respect
thereto, that LIBOR Rate Loan shall be converted to a LIBOR Rate Loan with an Interest Period of one month. Borrower Representative must make such election by notice to Agent in writing, including by Electronic Transmission. In the case of any
conversion or continuation, such election must be made pursuant to a written notice (a “Notice of Conversion/Continuation”) substantially in the form of Exhibit 1.6 or in a writing in any other form acceptable to Agent. No
Loan shall be made, converted into or continued as a LIBOR Rate Loan, if an Event of Default has occurred and is continuing and Agent or Required Lenders have determined not to make or continue any Loan as a LIBOR Rate Loan as a result thereof.

 (b) Upon receipt of a Notice of Conversion/Continuation, Agent will promptly notify each Lender thereof. In addition, Agent
will, with reasonable promptness, notify Borrower Representative and the Lenders of each determination of LIBOR; provided that any failure to do so shall not relieve any Borrower of any liability hereunder or provide the basis for any claim
against Agent. All conversions and continuations shall be made pro rata according to the respective outstanding principal amounts of the Loans held by each Lender with respect to which the notice was given. 

(c) Notwithstanding any other provision contained in this Agreement, after giving effect to any Borrowing, or to any continuation or
conversion of any Loans, there shall not be more than ten (10) different Interest Periods in effect. 
 1.7 Optional
Prepayments; Commitment Reduction and Termination. 
 (a) Term Loans. 

  
 14 

 (i) Borrowers may at any time upon at least three (3) Business
Days’ (or such shorter period as is acceptable to Agent) prior written notice by Borrower Representative to Agent, prepay the Term Loans in whole or in part in an amount greater than or equal to $1,000,000, in each instance, without penalty or
premium except as provided in Section 10.4. Optional partial prepayments of Term Loans shall be applied in the manner set forth in Section 1.8(e). Optional partial prepayments of the Term Loans in amounts less than $1,000,000
shall not be permitted. 
 (ii) The notice of any prepayment of the Term Loans shall not thereafter be revocable
by the Borrowers or Borrower Representative and Agent will promptly notify each Lender thereof and of such Lender’s Commitment Percentage of such prepayment; provided, that a notice of prepayment of, or termination in respect of, any
Term Loan delivered by Borrower Representative may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by Borrower Representative (by notice to Agent on or prior to the
specified effective date) if such condition is not satisfied and so long as Borrowers shall have paid any amounts required to be paid to any Lender pursuant to Section 10.4 in connection with such notice of prepayment. Subject to the
proviso in the immediately preceding sentence, the payment amount specified in such notice shall be due and payable on the date specified therein. Together with each prepayment under this Section 1.7(a), the Borrowers shall pay any
amounts required pursuant to Section 10.4. 
 (b) Revolving Loans and CAPEX Loans. 

(i) Borrowers may, at any time, prepay the Revolving Loans and Swingline Loans (without a reduction or termination of the
Aggregate Revolving Loan Commitment) in whole or in part without penalty or premium except as provided in Section 10.4. 
 (ii) Borrowers shall have the right from time to time to (i) permanently reduce in part or terminate the Aggregate Revolving Loan Commitment, or (ii) prepay the CAPEX Loans in whole or in part,
in each case, upon payment of the amounts required pursuant to Section 10.4, upon at least three (3) Business Days’ prior written notice delivered to Agent; provided, that (A) any such prepayment of CAPEX Loans
shall be in minimum amounts of $100,000, and (B) any such reduction in the Aggregate Revolving Loan Commitment shall be in the minimum amount of $5,000,000 and provided that no such reduction reduces the Aggregate Revolving Loan Commitment to
an amount that is less than the then outstanding Revolving Loans, unless concurrent with such reduction the outstanding principal balance of the Revolving Loan (including the outstanding amounts of Letters of Credit) is concurrently reduced such
that the outstanding principal balance of the Revolving Loans (including the outstanding amount of Letters of Credit) is not greater than the Aggregate Revolving Loan Commitment as so reduced. Upon any such reduction, the Revolving Loan Commitment
of each Lender shall automatically and permanently be reduced by an amount equal to such Lender’s ratable share of such reduction. No notice of prepayment shall be revocable by any Borrower or Borrower Representative and Agent will promptly
notify any Lender thereof and of such Lender’s Commitment Percentage of such prepayment; provided, that a notice of prepayment of, or 

  
 15 

 
termination in respect of, the Aggregate Revolving Loan Commitment or the Aggregate CAPEX Loan Commitment delivered by Borrower Representative may state that such notice is conditioned upon the
effectiveness of other credit facilities, in which case such notice may be revoked by Borrower Representative (by notice to Agent on or prior to the specified effective date) if such condition is not satisfied and so long as Borrowers shall have
paid any amounts required to be paid to any Lender pursuant to Section 10.4 in connection with such notice of prepayment. Subject to the proviso in the immediately preceding sentence, the payment amount specified in any notice of
prepayment shall be due and payable on the date specified therein, together with any amounts required pursuant to Section 10.4. 
 1.8 Repayment of Loans. 
 (a) Term Loan Payments. 

(i) Term Loan. The principal amount of the Term Loan shall be paid in equal quarterly installments of $1,937,500 on
the first day of each Fiscal Quarter commencing on January 1, 2013. The final installment due on October 31, 2017, shall, in any event, be in an amount equal to the entire remaining principal balance of the Term Loan. 

(ii) Incremental Term Loan Payments. Scheduled installments for an Incremental Term Loan shall be as specified in
the applicable amendment or joinder agreement. 
 (b) CAPEX Loan. Borrowers shall repay the outstanding principal amount
of the CAPEX Loans as follows: (i) commencing on the First CAPEX Loan Payment Date and on the first day of each of the next seven Fiscal Quarters, payment in the amount of 2.5% of the outstanding principal amount of the CAPEX Loans on the Final
CAPEX Loan Availability Date; and (ii) on the first day of each subsequent Fiscal Quarter until the CAPEX Loan Termination Date, payment in the amount of 6.25% of the outstanding principal amount of the CAPEX Loans on the Final CAPEX Loan
Availability Date. The remaining outstanding amount under the CAPEX Loans will be due on the CAPEX Loan Termination Date. 
 (c)
Revolving Loan. Borrowers shall repay to the Lenders in full on the Revolving Termination Date the aggregate principal amount of the Revolving Loans, Swingline Loans, and all other Obligations outstanding on the Revolving Termination Date.

 (d) Asset Dispositions and Events of Loss. If a Credit Party or any Subsidiary of a Credit Party shall, at any time or
from time to time: 
 (i) make a Disposition; or 

(ii) suffer an Event of Loss; 
 and the aggregate amount of the Net Proceeds received by the Credit Parties and their Subsidiaries in connection with such Disposition or Event of Loss and all other Dispositions and Events of Loss
occurring during the Fiscal Year exceeds $3,500,000, then (A) the Borrower 

  
 16 

 
Representative shall promptly notify Agent of such proposed Disposition or Event of Loss (including the amount of the estimated Net Proceeds to be received by a Credit Party or such Subsidiary in
respect thereof) and (B) promptly upon receipt by a Credit Party or such Subsidiary of the Net Proceeds of such Disposition or Event of Loss, the Borrowers shall deliver, or cause to be delivered, such excess Net Proceeds to Agent for
distribution to the Lenders as a prepayment of the Loans, which prepayment shall be applied in accordance with Section 1.8(e). Notwithstanding the foregoing and provided no Default or Event of Default has occurred and is continuing, such
prepayment shall not be required to the extent a Credit Party or such Subsidiary repairs, replaces or restores Property of such Credit Party or reinvests the Net Proceeds of such Disposition or Event of Loss in productive assets (other than
Inventory) of a kind then used or usable in the business of Borrowers or such Subsidiary, within two hundred and seventy (270) days after the date on which any Credit Party or its Subsidiaries receives such proceeds resulting from such
Disposition or Event of Loss or enters into a binding commitment thereof within said two hundred and seventy (270) day period and subsequently makes such reinvestment within three hundred and sixty (360) days after the date on which such
Credit Party or such Subsidiary receives such proceeds; provided that the Borrower Representative promptly notifies (I) Agent of such Credit Party’s or such Subsidiary’s intent to reinvest such proceeds or repair, replace or
restore such Property at the time such proceeds are received and (II) of the completion of such reinvestment, repair, replacement or restoration when such reinvestment, repair, replacement or restoration is completed. If, at the end of such three
hundred and sixty (360) day period referenced in the preceding sentence, Borrowers or their respective Subsidiaries are diligently pursuing the reinvestment of such proceeds or repair, replacement or restoration of such Property, Agent may, in
its sole discretion, agree to extend such three hundred and sixty (360) day period by ninety (90) days. 
 (e)
Application of Prepayments. Subject to Sections 1.8(d) and 1.10(c), any prepayments (other than prepayments of Revolving Loans and Swingline Loans) shall be applied first to prepay all remaining installments of the Term
Loans in direct order, second to any remaining amortization payments under the CAPEX Loans in direct order, third to any principal due under the CAPEX Loans on the CAPEX Loan Termination Date, fourth to prepay outstanding
Swingline Loans, and fifth to prepay outstanding Revolving Loans (without a permanent reduction of the Revolving Loan Commitment). To the extent permitted by the foregoing, amounts prepaid shall be applied first to any Base Rate Loans then
outstanding and then to outstanding LIBOR Rate Loans with the shortest Interest Periods remaining. Together with each prepayment or repayment under Sections 1.7 and 1.8, Borrowers shall pay any amounts required pursuant to
Section 10.4 hereof. 
 1.9 Fees. 
 (a) Fee Letter. Borrowers shall pay to Agent, for Agent’s own account, fees in the amounts and at the times set forth in a letter agreement between Borrowers and Agent dated of even date
herewith (as amended from time to time, the “Fee Letter”). 
 (b) Unused Commitment Fee. 

(i) Borrowers shall pay to Agent a fee (the “Unused Revolving Commitment Fee”) for the account of each
Revolving Lender in an amount equal to 

  
 17 

 (1) the average daily balance of the Revolving Loan Commitment of such
Revolving Lender during the preceding Fiscal Quarter, less 
 (2) the sum of the average daily balance of
all Revolving Loans held by such Revolving Lender plus (y) the average daily amount of Letter of Credit Obligations held by such Revolving Lender plus (z) in the case of the Swingline Lender, the average daily balance of all
outstanding Swingline Loans held by such Swingline Lender, in each case, during the preceding Fiscal Quarter; provided, that in no event shall the amount computed pursuant to clauses (1) and (2) with respect to
Swingline Lender be less than zero; 
 (3) multiplied by one-half of one percent (0.50%) per annum. 

(ii) Borrowers shall pay to Agent a fee (the “Unused CAPEX Commitment Fee”) for the account of each CAPEX
Lender in an amount equal to 
 (1) the average daily balance of the Available CAPEX Loan Balance of such CAPEX
Lender during the preceding Fiscal Quarter, 
 (2) multiplied by three-quarters of one percent (0.75%) per
annum. 
 The total Unused Revolving Commitment Fee and Unused CAPEX Commitment Fee paid by Borrowers will be equal to the sum of all of the
Unused Revolving Commitment Fees and Unused CAPEX Commitment Fees due to the Lenders, subject to Section 1.11(e)(vi). Such fee shall be payable quarterly in arrears on the first day of the Fiscal Quarter following the date hereof and the
first day of each Fiscal Quarter thereafter. The Unused Revolving Commitment Fee and Unused CAPEX Commitment Fee provided in this Section 1.9(b) shall accrue at all times from and after the Closing Date. 

(c) Letter of Credit Fee. Borrowers agree to pay to Agent for the ratable benefit of the Revolving Lenders, as compensation to
such Lenders for Letter of Credit Obligations incurred hereunder, (i) without duplication of costs and expenses otherwise payable to Agent or Lenders hereunder or fees otherwise paid by any Borrower, all reasonable costs and expenses incurred
by Agent or any Lender on account of such Letter of Credit Obligations, and (ii) for each Fiscal Quarter during which any Letter of Credit Obligation shall remain outstanding, a fee (the “Letter of Credit Fee”) in an amount
equal to the product of the average daily undrawn face amount of all Letters of Credit issued, guaranteed or supported by risk participation agreements multiplied by a per annum rate equal to the Applicable Margin with respect to Revolving Loans
which are LIBOR Rate Loans; provided, however, at Agent’s or Required Revolving Lenders’ option, while an Event of Default exists (or automatically while an Event of Default under Section 7.1(f) or 7.1(g) exists),
such rate shall be increased by two percent (2.00%) per annum. Such fee shall be paid to Agent for the benefit of the Revolving Lenders in arrears, on the first day of each Fiscal Quarter and on the date on which all L/C Reimbursement
Obligations have been discharged. In addition, Borrowers shall pay to Agent, any L/C Issuer or any prospective L/C Issuer, as appropriate, on demand, such L/C Issuer’s or prospective L/C Issuer’s customary fees at then prevailing rates,
without duplication of fees 

  
 18 

 
otherwise payable hereunder (including all per annum fees), charges and expenses of such L/C Issuer or prospective L/C Issuer in respect of the application for, and the issuance, negotiation,
acceptance, amendment, transfer and payment of, each Letter of Credit or otherwise payable pursuant to the application and related documentation under which such Letter of Credit is issued. 

1.10 Payments by Borrowers. 
 (a) All payments (including prepayments) to be made by each Credit Party on account of principal, interest, fees and other amounts required hereunder shall be made without set off, recoupment,
counterclaim or deduction of any kind, shall, except as otherwise expressly provided herein, be made to Agent (for the ratable account of the Persons entitled thereto) at the address for payment specified in the signature page hereof in relation to
Agent (or such other address as Agent may from time to time specify in accordance with Section 9.2), including payments utilizing the ACH system, and shall be made in Dollars and by wire transfer or ACH transfer in immediately available
funds (which shall be the exclusive means of payment hereunder), no later than 1:00 p.m. (New York time) on the date due. Any payment which is received by Agent later than 1:00 p.m. (New York time) may in Agent’s discretion be deemed to have
been received on the immediately succeeding Business Day and any applicable interest or fee shall continue to accrue. Each Borrower and each other Credit Party hereby irrevocably waives the right to direct the application during the continuance of
an Event of Default of any and all payments in respect of any Obligation and any proceeds of Collateral. Each Borrower hereby authorizes Agent and each Lender to make a Revolving Loan (which shall be a Base Rate Loan and which may be a Swingline
Loan) to pay (i) interest, principal (including Swingline Loans), L/C Reimbursement Obligations, agent fees, Unused Commitment Fees and Letter of Credit Fees, in each instance, on the date due, or (ii) after five (5) days’ prior
notice to Borrower Representative, other fees, costs or expenses payable by Borrowers or any of their respective Subsidiaries hereunder or under the other Loan Documents. 
 (b) Subject to the provisions set forth in the definition of “Interest Period” herein, if any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall
be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest or fees, as the case may be. 
 (c) During the continuance of an Event of Default, Agent may, and shall upon the direction of Required Lenders apply any and all payments received by Agent in respect of any Obligation in accordance with
clauses first through sixth below. Notwithstanding any provision herein to the contrary, all payments made by Credit Parties to Agent after any or all of the Obligations have been accelerated (so long as such acceleration has not been rescinded),
including proceeds of Collateral, shall be applied as follows: 
 first, to payment of costs and expenses,
including Attorney Costs, of Agent payable or reimbursable by the Credit Parties under the Loan Documents; 

second, to payment of Attorney Costs of Lenders payable or reimbursable by Borrowers under this Agreement;

  
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 third, to payment of all accrued unpaid interest on the Obligations
(other than Obligations relating to any Bank Products) and fees owed to Agent, Lenders and L/C Issuers; 

fourth, to payment of principal of the Obligations applied pro rata among the Revolving Loans, CAPEX Loans and the
Term Loans including, without limitation, L/C Reimbursement Obligations then due and payable, any Obligations under any Bank Products and cash collateralization of unmatured L/C Reimbursement Obligations to the extent not then due and payable;

 fifth, to payment of any other amounts owing constituting Obligations; and 

sixth, any remainder shall be for the account of and paid to whoever may be lawfully entitled thereto. 

In carrying out the foregoing, (i) amounts received shall be applied in the numerical order provided until exhausted prior to the
application to the next succeeding category and (ii) each of the Lenders or other Persons entitled to payment shall receive an amount equal to its pro rata share of amounts available to be applied pursuant to clauses third, fourth and fifth
above. 
 1.11 Payments by the Lenders to Agent; Settlement. 

(a) Agent may, on behalf of Lenders, disburse funds to Borrowers for Loans requested. Each Lender shall reimburse Agent on demand for all
funds disbursed on its behalf by Agent, or if Agent so requests, each Lender will remit to Agent its Commitment Percentage of any Loan before Agent disburses same to Borrowers. If Agent elects to require that each Lender make funds available to
Agent prior to disbursement by Agent to Borrowers, Agent shall advise each Lender by telephone or fax of the amount of such Lender’s Commitment Percentage of the Loan requested by Borrower Representative no later than the Business Day prior to
the scheduled Borrowing date applicable thereto, and each such Lender shall pay Agent such Lender’s Commitment Percentage of such requested Loan, in same day funds, by wire transfer to Agent’s account, as set forth on Agent’s
signature page hereto, no later than 12:00 noon (New York time) on such scheduled Borrowing date. If any Lender fails to pay its Commitment Percentage within one (1) Business Day after Agent’s demand, Agent shall promptly notify Borrower
Representative and Borrowers shall immediately repay such amount to Agent. Any repayment required pursuant to this Section 1.11(a) shall be without premium or penalty. Nothing in this Section 1.11(a) or elsewhere in this
Agreement or the other Loan Documents, including the remaining provisions of Section 1.11, shall be deemed to require Agent to advance funds on behalf of any Lender or to relieve any Lender from its obligation to fulfill its Commitments
hereunder or to prejudice any rights that Agent any Lender or Borrowers may have against any Lender as a result of any default by such Lender hereunder. 
 (b) At least once each calendar week or more frequently at Agent’s election (each, a “Settlement Date”), Agent shall advise each Lender by telephone or fax of the amount of such
Lender’s Commitment Percentage of principal, interest and Fees paid for the benefit of Lenders with respect to each applicable Loan. Agent shall pay to each Lender such Lender’s Commitment Percentage (except as otherwise provided in
Section 1.1(c)(vi) and Section 

  
 20 

 
1.11(e)(iv)) of principal, interest and fees paid by the Borrowers since the previous Settlement Date for the benefit of such Lender on the Loans held by it; provided, however, that
in the case of any payment of principal received by Agent from the Borrowers in respect of any Term Loan or any CAPEX Loan prior to 1:00 p.m. (New York time) on any Business Day, Agent shall pay to each applicable Lender such Lender’s Term Loan
Percentage or CAPEX Commitment Percentage, as applicable, of such payment on such Business Day, and, in the case of any payment of principal received by Agent from Borrowers in respect of any CAPEX Loan later than 1:00 p.m. (New York time) on any
Business Day, Agent shall pay to each applicable Lender such Lender’s Term Loan Percentage or CAPEX Commitment Percentage, as applicable, of such payment on the next Business Day. Except as provided in the preceding proviso with respect to Term
Loan payments or CAPEX Loan payments, such payments shall be made by wire transfer to such Lender) not later than 2:00 p.m. (New York time) on the next Business Day following each Settlement Date. 

(c) Availability of Lender’s Commitment Percentage. Agent may assume that each Lender will make its Revolving Commitment
Percentage of each Revolving Loan or its CAPEX Commitment Percentage of each CAPEX Loan available to Agent on each applicable Borrowing date. If such Commitment Percentage is not, in fact, paid to Agent by such Lender when due, Agent will be
entitled to recover such amount on demand from such Lender without setoff, counterclaim or deduction of any kind. If any Lender fails to pay the amount of its Commitment Percentage forthwith upon Agent’s demand, Agent shall promptly notify
Borrower Representative and Borrowers shall immediately repay such amount to Agent. Nothing in this Section 1.11(c) or elsewhere in this Agreement or the other Loan Documents shall be deemed to require Agent to advance funds on behalf of
any Lender or to relieve any Lender from its obligation to fulfill its Commitments hereunder or to prejudice any rights that Borrowers may have against any Lender as a result of any default by such Lender hereunder. Without limiting the provisions
of Section 1.11(b), to the extent that Agent advances funds to Borrowers on behalf of any Lender and is not reimbursed therefor on the same Business Day as such advance is made, Agent shall be entitled to retain for its account all
interest accrued on such advance from the date such advance was made until reimbursed by the applicable Lender. 
 (d) Return
of Payments. 
 (i) If Agent pays an amount to a Lender under this Agreement in the belief or expectation
that a related payment has been or will be received by Agent from Borrowers and such related payment is not received by Agent, then Agent will be entitled to recover such amount from such Lender on demand without setoff, counterclaim or deduction of
any kind. 
 (ii) If Agent determines at any time that any amount received by Agent under this Agreement or any
other Loan Document must be returned to any Credit Party or paid to any other Person pursuant to any insolvency law or otherwise, then, notwithstanding any other term or condition of this Agreement or any other Loan Document, Agent will not be
required to distribute any portion thereof to any Lender. In addition, each Lender will repay to Agent on demand any portion of such amount that Agent has distributed to such Lender, together with interest at such rate, if any, as Agent is required
to pay to any Borrower or such other Person, without setoff, counterclaim or 

  
 21 

 
deduction of any kind, and Agent will be entitled to set-off against future distributions to such Lender any such amounts (with interest) that are not repaid on demand. 

(e) Non-Funding Lenders. 
 (i) Responsibility. The failure of any Non-Funding Lender to make any Revolving Loan or any CAPEX Loan, to fund any purchase of any participation to be made or funded by it (including with respect
to any Letter of Credit or Swingline Loan), or to make any payment required by it under any Loan Document on the date specified therefor shall not relieve any other Lender of its obligations to make such loan, fund the purchase of any such
participation, or make any other such required payment on such date, and neither Agent nor, other than as expressly set forth herein, any other Lender shall be responsible for the failure of any Non-Funding Lender to make a loan, fund the purchase
of a participation or make any other required payment under the Loan Documents. 
 (ii) Reallocation. If
any Revolving Lender is a Non-Funding Lender, all or a portion of such Non-Funding Lender’s Letter of Credit Obligations (unless such Lender is the L/C Issuer that Issued such Letter of Credit) and reimbursement obligations with respect to
Swingline Loans shall, at Agent’s election at any time or upon any L/C Issuer’s or Swingline Lender’s, as applicable, written request delivered to Agent (whether before or after the occurrence of any Default or Event of Default), be
reallocated to and assumed by the Revolving Lenders that are not Non-Funding Lenders or Impacted Lenders pro rata in accordance with their Commitment Percentages of the Aggregate Revolving Loan Commitment (calculated as if the Non-Funding
Lender’s Commitment Percentage was reduced to zero and each other Revolving Lender’s (other than an Impacted Lender’s) Commitment Percentage had been increased proportionately); provided, that no Revolving Lender shall be
reallocated any such amounts or be required to fund any amounts that would cause the sum of its outstanding Revolving Loans, and outstanding Letter of Credit Obligations, amounts of its participations in Swingline Loans and its pro rata share of
unparticipated amounts in Swingline Loans to exceed its Revolving Loan Commitment. 
 (iii) Voting Rights.
Notwithstanding anything set forth herein to the contrary, including Section 9.1, a Non-Funding Lender (other than (x) a Non-Funding Lender who only holds the Term Loan or (y) a Non-Funding Lender who only holds CAPEX Loans
that are fully funded at the time it becomes a Non-Funding Lender) shall not have any voting or consent rights under or with respect to any Loan Document or constitute a “Lender” or a “Term Lender” or a “Revolving
Lender” or a “CAPEX Lender” (or be, or have its Loans and Commitments, included in the determination of “Required Lenders”, “Required Revolving Lenders”, “Required CAPEX Lenders”, “Supermajority
Lenders” or “Lenders directly affected” pursuant to Section 9.1) for any voting or consent rights under or with respect to any Loan Document; provided that (A) the Commitment of a Non-Funding Lender may not be
increased, extended or reinstated, (B) the principal of a Non-Funding Lender’s Loans may not be reduced or forgiven, and (C) the interest rate applicable to Obligations owing to a Non-Funding Lender may not be reduced, in each case,
without the consent of such Non-Funding Lender. Moreover, for 

  
 22 

 
the purposes of determining Required Lenders, Required Revolving Lenders, Required CAPEX Lenders or Supermajority Lenders, the Loans, Letter of Credit Obligations, and Commitments held by
Non-Funding Lenders (other than (x) a Non-Funding Lender who only holds the Term Loan or (y) a Non-Funding Lender who only holds CAPEX Loans that are fully funded at the time it becomes a Non-Funding Lender) shall be excluded from the
total Loans and Commitments outstanding. 
 (iv) Borrowers Payments to a Non-Funding Lender. Agent shall
be authorized to use all portions of any payments received by Agent for the benefit of any Non-Funding Lender pursuant to this Agreement to pay in full the Aggregate Excess Funding Amount to the appropriate Secured Parties thereof. Agent shall be
entitled to hold as cash collateral in a non-interest bearing account up to an amount equal to such Non-Funding Lender’s pro rata share, without giving effect to any reallocation pursuant to Section 1.11(e)(ii), of all Letter of
Credit Obligations until the Obligations are paid in full in cash, all Letter of Credit Obligations have been discharged or cash collateralized and all Commitments have been terminated. Upon any such unfunded obligations owing by a Non-Funding
Lender becoming due and payable, Agent shall be authorized to use such cash collateral to make such payment on behalf of such Non-Funding Lender. With respect to such Non-Funding Lender’s failure to fund Loans or purchase participations in
Letters of Credit or Letter of Credit Obligations, any amounts applied by Agent to satisfy such funding shortfalls shall be deemed to constitute a Loan or amount of the participation required to be funded and, if necessary to effectuate the
foregoing, the other Lenders shall be deemed to have sold, and such Non-Funding Lender shall be deemed to have purchased, Loans or Letter of Credit participation interests from the other Lenders until such time as the aggregate amount of the Loans
and participations in Letters of Credit and Letter of Credit Obligations are held by the Lenders in accordance with their Commitment Percentages of the Aggregate Revolving Loan Commitment or the Aggregate CAPEX Loan Commitment, as applicable. Any
amounts owing by a Non-Funding Lender to Agent which are not paid when due shall accrue interest at the interest rate applicable during such period to Loans that are Base Rate Loans. In the event that Agent is holding cash collateral of a
Non-Funding Lender that cures pursuant to clause (v) below or ceases to be a Non-Funding Lender pursuant to the definition of Non-Funding Lender, Agent shall return the unused portion of such cash collateral to such Lender. The
“Aggregate Excess Funding Amount” of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agent, L/C Issuers, Swingline Lender, and other Lenders under the Loan Documents,
including such Lender’s pro rata share of all Revolving Loans, Letter of Credit Obligations, Swingline Loans, plus, without duplication, (B) all amounts of such Non-Funding Lender’s Letter of Credit Obligations and reimbursement
obligations with respect to Swingline Loans reallocated to other Lenders pursuant to Section 1.11(e)(ii). 
 (v) Cure. A Lender may cure its status as a Non-Funding Lender under clause (a) of the definition of Non-Funding Lender if such Lender fully pays to Agent, on behalf of the applicable
Secured Parties, the Aggregate Excess Funding Amount, plus all interest due thereon. Any such cure shall not relieve any Lender from liability for breaching its contractual obligations hereunder. 

  
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 (vi) Fees. A Lender that is a Non-Funding Lender pursuant to
clause (a) of the definition of Non-Funding Lender shall not earn and shall not be entitled to receive, and no Borrower shall be required to pay, such Lender’s portion of the Unused Commitment Fee during the time such Lender is a
Non-Funding Lender pursuant to clause (a) thereof. In the event that any reallocation of Letter of Credit Obligations occurs pursuant to Section 1.11(e)(ii), during the period of time that such reallocation remains in effect,
the Letter of Credit Fee payable with respect to such reallocated portion shall be payable to (A) all Revolving Lenders based on their pro rata share of such reallocation or (B) to the L/C Issuer for any remaining portion not reallocated
to any other Revolving Lenders. 
 (f) Procedures. Agent is hereby authorized by each Credit Party and each other Secured
Party to establish procedures (and to amend such procedures from time to time) to facilitate administration and servicing of the Loans and other matters incidental thereto. Without limiting the generality of the foregoing, Agent is hereby authorized
to establish procedures to make available or deliver, or to accept, notices, documents and similar items on, by posting to or submitting or completion, on E-Systems. 
 1.12 Borrower Representative. RNL hereby (i) is designated and appointed by each Borrower as its representative and agent on its behalf (the “Borrower Representative”), and
(ii) accepts such appointment as the Borrower Representative, in each case, for the purposes of issuing Notices of Borrowings, Notices of Conversion/Continuation, L/C Requests and Swingline Requests, delivering certificates including Compliance
Certificates, Joint Venture Certificates, and Permitted Dividend/Distribution Certificates, giving instructions with respect to the disbursement of the proceeds of the Loans, selecting interest rate options, giving and receiving all other notices
and consents hereunder or under any of the other Loan Documents and taking all other actions (including in respect of compliance with covenants) on behalf of any Borrower or the Borrowers under the Loan Documents. Agent and each Lender may regard
any notice or other communication pursuant to any Loan Document from Borrower Representative as a notice or communication from all Borrowers. Each warranty, covenant, agreement and undertaking made on behalf of a Borrower by Borrower Representative
shall be deemed for all purposes to have been made by such Borrower and shall be binding upon and enforceable against such Borrower to the same extent as if the same had been made directly by such Borrower. 

1.13 Replacement of Commitments. On the Closing Date, each Existing Lender’s Commitment under the Existing Credit Agreement
shall automatically be replaced and superseded by the Commitments as set forth on Schedules 1.1(a), 1.1(b) and 1.1(c), and Agent shall cancel each revolving note issued to such Existing Lender with respect
to such Existing Lender’s Revolving Credit Commitment (as defined in the Existing Credit Agreement), and each CAPEX note issued to such Existing Lender with respect to such Existing Lender’s CAPEX Loan Commitment (as defined in the
Existing Credit Agreement), upon Agent’s receipt or delivery, as the case may be, of the applicable amount set forth in clauses (a) or (b) below in immediately available funds received no later than 12:00 noon
(California time) on the Closing Date: 

  
 24 

 (a) the amount, if any, by which (i) such Lender’s Commitment Percentage of
Advances to be made on the Closing Date, exceeds (ii) its actual outstanding Loans under the Existing Credit Agreement as of the Closing Date; or 
 (b) the amount, if any, by which (i) such Lender’s actual outstanding Loans under the Existing Credit Agreement as of the Closing Date, exceeds (ii) such Lender’s Commitment Percentage
of the Loans to be made on the Closing Date. 
 1.14 Restatement of Obligations. Each Borrower, Agent and each Lender
hereby acknowledge and agree that upon satisfaction or waiver in writing of all conditions precedent set forth in Section 2.1: 
 (a) this Agreement shall amend, restate and supersede in its entirety the Existing Credit Agreement; 
 (b) those other Loan Documents that amend and restate any of the Existing Loan Documents shall amend, restate and supersede such other Existing Loan Documents; 

(c) the Loan Documents (and the obligations and commitments thereunder) do not constitute an accord and satisfaction or a novation of the
obligations and commitments of Credit Parties under the Existing Loan Agreement and the other Existing Loan Documents; 
 (d)
all obligations and commitments outstanding under the Existing Loan Documents are amended, restated and superseded by the Loan Documents and will be governed by the terms of this Agreement and the other Loan Documents; 

(e) the Collateral will secure the Obligations under this Agreement and the other Loan Documents; and 

(f) amounts in respect of interest, fees, and other amounts payable to or for the account of Agent or any Lender shall be calculated in
accordance with the provisions of (i) the Existing Credit Agreement with respect to any period (or portion thereof) ending prior to the Closing Date, and (ii) this Agreement with respect to any period (or portion thereof) commencing on or
after the Closing Date; provided, that, each Existing Lender hereby waives all prepayment fees due and payable under Section 1.9(d) of the Existing Credit Agreement as a result of the amendment and restatement of the Existing Credit
Agreement.  
 Notwithstanding the foregoing or anything to the contrary herein, nothing herein shall be deemed to limit or terminate any
of Agent’s or Lenders’ rights under the Existing Credit Agreement that expressly survive the Termination Date (as defined therein). 
 ARTICLE II - 
 CONDITIONS PRECEDENT 

2.1 Conditions to Effectiveness of Agreement and Making of Initial Loans. The effectiveness of this Agreement and the other
obligations of each Lender to make its initial 

  
 25 

 
Loans and of each L/C Issuer to Issue, or cause to be Issued, the initial Letters of Credit hereunder are subject to satisfaction of the following conditions: 

(a) Loan Documents. Agent shall have received on or before the Closing Date all of the agreements, documents, instruments and
other items set forth on the closing checklist attached hereto as Exhibit 2.1, each in form and substance reasonably satisfactory to Agent; 
 (b) Related Transactions. The Related Transactions shall have closed (or will close substantially concurrently with funding of the Term Loan) in the manner contemplated by the Related Agreements
(without any amendment, modification or waiver of any of the provisions of the Related Agreements delivered to the Agent on October 31, 2012 (which versions of such Related Agreements shall be in form and substance reasonably satisfactory to
Agent) that would be materially adverse to the Lenders without the prior written consent of Agent) and in accordance with all Requirements of Law; 
 (c) Leverage. The Borrowers shall have delivered a certificate from a Responsible Officer of RNL demonstrating in reasonable detail that the Total Leverage Ratio of the Credit Parties shall not be
greater than 1.7 to 1.0 as of the Closing Date after giving effect to the consummation of the Related Transactions, payment of all costs and expenses in connection therewith, funding of the initial Loans and Issuance of the initial Letters of
Credit; 
 (d) Repayment of Prior Lender Obligations; Satisfaction of Outstanding L/Cs. (i) Agent shall have
received a fully executed pay-off letter reasonably satisfactory to Agent confirming that all obligations owing by AL and its Subsidiaries to Prior Lender will be repaid in full from the proceeds of the initial Loans and all Liens upon any of the
Property of the Credit Parties or any of their Subsidiaries in favor of Prior Lender shall be terminated by Prior Lender immediately upon such payment; and (ii) all letters of credit issued or guaranteed by Prior Lender for the account of the
Credit Parties shall have been cash collateralized, or supported by a Letter of Credit Issued pursuant hereto, as mutually agreed upon by Agent, the Borrowers and Prior Lender; 

(e) Representations and Warranties. The representations and warranties (i) of the Borrowers (including AL and its
Subsidiaries) and the other Credit Parties contained in Sections 3.1(a), 3.1(b) (solely as it relates to the Loan Documents), 3.1(c), 3.1(d), 3.2 (solely as it relates to the Loan Documents), 3.3 (solely as
it relates to the Loan Documents), 3.4 (solely as it relates to the Loan Documents), 3.5 (solely as it relates to the Loan Documents) 3.8, 3.11(a), 3.11(b), 3.13, 3.14, 3.27 and 3.28 of
this Agreement and Section 4.2 of the Guaranty and Security Agreement (solely as it relates to a Lien on Collateral that may be perfected (x) by the filing of a financing statement under the UCC, (y) by the delivery of stock
certificates of a Credit Party or (z) by a filing in the United States Copyright Office or United States Patent and Trademark Office) shall be true and correct in all material respects (without duplication of any materiality qualifier contained
therein) and (ii) set forth in Articles III and IV of the Acquisition Agreement as are material to the interests of Agent and the Lenders shall be true and correct in all material respects (without duplication of any materiality qualifier
contained therein) but only to the extent that Partnership has the right to terminate its obligations under the Acquisition 

  
 26 

 
Agreement or to not consummate the AL Acquisition as a result of the failure of such representations and warranties to be true and correct as set forth above; and 

For purposes of determining compliance with the conditions specified in this Section 2.1, (i) each Lender party to this Agreement shall
be deemed to have consented to, approved or accepted, each document required hereunder to be consented to or approved by or acceptable to such Lender unless Agent shall have received notice from such Lender prior to the proposed Closing Date
specifying its objection thereto and (ii) transactions occurring on the Closing Date in accordance herewith, and as expressly set forth in the Letter of Direction/Flow of Funds set forth in Exhibit 2.1, shall be deemed to have occurred
substantially simultaneously with the initial Borrowing of the Term Loans. 
 2.2 Conditions to All Borrowings. Except as
otherwise expressly provided herein, no Lender or L/C Issuer shall be obligated to fund any Loan or incur any Letter of Credit Obligation, in each instance, after funding of the initial Loans on the Closing Date, if, as of the date thereof:

 (a) any representation or warranty by any Credit Party contained herein or in any other Loan Document is untrue or incorrect
in any material respect (without duplication of any materiality qualifier contained therein) as of such date, except to the extent that such representation or warranty expressly relates to an earlier date (in which event such representations and
warranties were untrue or incorrect in any material respect (without duplication of any materiality qualifier contained therein) as of such earlier date), and Agent or Required Lenders have determined not to make such Loan or incur such Letter of
Credit Obligation as a result of the fact that such warranty or representation is untrue or incorrect; 
 (b) any Default or
Event of Default has occurred and is continuing or would reasonably be expected to result after giving effect to the consummation of the Related Transactions, payment of all costs and expenses in connection therewith, and any Loan (or the incurrence
of any Letter of Credit Obligation), and Agent or Required Lenders shall have determined not to make any Loan or incur any Letter of Credit Obligation as a result of that Default or Event of Default; 

(c) with respect to Revolving Loans or the incurrence of any Letter of Credit Obligations, after giving effect thereto, the aggregate
outstanding amount of the Revolving Loans would exceed the Maximum Revolving Loan Balance; or 
 (d) with respect to CAPEX
Loans, 
 (i) the aggregate amount of the CAPEX Loans that Borrower Representative is requesting to be funded
would exceed the Available CAPEX Loan Balance; or 
 (ii) Agent shall not have received a Notice of Borrowing
that certifies, among other things, that (A) the proceeds of such Borrowing shall be used in accordance with Section 4.10(c), (B) prior to and after giving pro forma effect to such Borrowing, Borrowers are in compliance
with the financial covenants, and (C) prior to and after 

  
 27 

 
giving pro forma effect to such Borrowing, no Default or Event of Default shall have occurred and are continuing under the Credit Facilities. 

The request by Borrower Representative and acceptance by Borrowers of the proceeds of any Loan or the incurrence of any Letter of Credit Obligations
shall be deemed to constitute, as of the date thereof, (i) a representation and warranty by Borrowers that the conditions in this Section 2.2 have been satisfied and (ii) a reaffirmation by each Credit Party of the granting and
continuance of Agent’s Liens, on behalf of itself and the Secured Parties, pursuant to the Collateral Documents. 

ARTICLE III - 
 REPRESENTATIONS AND WARRANTIES 
 The Credit Parties, jointly and severally,
represent and warrant to Agent and each Lender that the following are, and after giving effect to the Related Transactions will be, true, correct and complete: 
 3.1 Corporate Existence and Power. Each Credit Party and each of their respective Subsidiaries: 
 (a) is a corporation, limited liability company or limited partnership, as applicable, duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation,
organization or formation, as applicable; 
 (b) has the power and authority and all governmental licenses, authorizations,
Permits, consents and approvals to own its assets, carry on its business and execute, deliver, and perform its obligations under, the Loan Documents and the Related Agreements to which it is a party; 

(c) is duly qualified as a foreign corporation, limited liability company or limited partnership, as applicable, and licensed and in good
standing, under the laws of each jurisdiction where its ownership, lease or operation of Property or the conduct of its business requires such qualification or license; and 
 (d) is in compliance with all Requirements of Law; 
 except, in each case referred to in clause
(c) or clause (d), to the extent that the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 

3.2 Corporate Authorization; No Contravention. The execution, delivery and performance by each of the Credit Parties of this
Agreement and by each Credit Party and each of their respective Subsidiaries of any other Loan Document and Related Agreement to which such Person is party, have been duly authorized by all necessary action, and do not and will not: 

(a) contravene the terms of any of that Person’s Organization Documents; 

  
 28 

 (b) conflict with or result in any material breach or contravention of, or result in the
creation of any Lien under, any document evidencing any material Contractual Obligation to which such Person is a party or any order, injunction, writ or decree of any Governmental Authority to which such Person or its Property is subject; or

 (c) violate any material Requirement of Law in any material respect. 

3.3 Governmental Authorization. No approval, consent, exemption, authorization, or other action by, or notice to, or filing with,
any Governmental Authority is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Credit Party or any Subsidiary of any Credit Party of this Agreement, any other Loan Document or any
Related Agreement except (a) for recordings and filings in connection with the Liens granted to Agent under the Collateral Documents, (b) those obtained or made on or prior to the Closing Date, and (c) in the case of any Related
Agreement, those which, if not obtained or made, would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
 3.4 Binding Effect. This Agreement and each other Loan Document and Related Agreement to which any Credit Party or any Subsidiary of any Credit Party is a party constitute the legal, valid and
binding obligations of each such Person which is a party thereto, enforceable against such Person in accordance with their respective terms, except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the
enforcement of creditors’ rights generally or by equitable principles relating to enforceability. 
 3.5 Litigation.
Except as specifically disclosed in Schedule 3.5, there are no actions, suits, proceedings, claims or disputes pending, or to the best knowledge of each Credit Party, threatened or contemplated, at law, in equity, in arbitration or
before any Governmental Authority, against any Credit Party, any Subsidiary of any Credit Party or any of their respective Properties which: 
 (a) purport to affect or pertain to this Agreement, any other Loan Document, any Related Agreement, or any Contribution and Conversion Agreement, or any of the transactions contemplated hereby or thereby;
or 
 (b) would reasonably be expected to result in a Material Adverse Effect, individually or in the aggregate. 

No injunction, writ, temporary restraining order or any order of any nature has been issued by any court or other Governmental Authority purporting to
enjoin or restrain the execution, delivery or performance of this Agreement, any other Loan Document or any Related Agreement, or directing that the transactions provided for herein or therein not be consummated as herein or therein provided. As of
the Closing Date, no Credit Party or any Subsidiary of any Credit Party is the subject of an audit or, to each Credit Party’s knowledge, any review or investigation by any Governmental Authority (excluding the IRS and other taxing authorities)
concerning the violation or possible violation of any Requirement of Law. 
 3.6 No Default. No Default or Event of
Default exists or would result from the incurring of any Obligations by any Credit Party or the grant or perfection of Agent’s Liens 

  
 29 

 
on the Collateral or the consummation of the Related Transactions. No Credit Party and no Subsidiary of any Credit Party is in default under or with respect to any Contractual Obligation in any
respect which, individually or together with all such defaults, would reasonably be expected to have a Material Adverse Effect. 

3.7 ERISA Compliance. Schedule 3.7 sets forth, as of the Closing Date, a complete and correct list of all material
Benefit Plans and Title IV Plans. As of the Closing Date, there are no Multiemployer Plans. Each Benefit Plan, and each trust thereunder, intended to qualify for tax exempt status under Section 401(a) or 501(a) of the Code so qualifies. Except
for those that would not, in the aggregate, reasonably be expected to have a Material Adverse Effect, (x) each Benefit Plan is in compliance with applicable provisions of ERISA, the Code and other applicable Requirements of Law, (y) there
are no existing or pending (or to the knowledge of any Credit Party, threatened) claims (other than routine claims for benefits in the Ordinary Course of Business), sanctions, actions, lawsuits or other proceedings or investigation involving any
Benefit Plan to which any Credit Party incurs or otherwise has any Liability, whether fixed or contingent, and (z) no ERISA Event is reasonably expected to occur. Except as set forth on Schedule 3.7, as of the Closing Date, no
ERISA Event has occurred in connection with which obligations and liabilities (contingent or otherwise) remain outstanding. 

3.8 Use of Proceeds; Margin Regulations. The proceeds of the Loans are intended to be and shall be used solely for the purposes
set forth in and permitted by Section 4.10, and are intended to be and shall be used in compliance with Section 5.8. No Credit Party and no Subsidiary of any Credit Party is engaged in the business of purchasing or selling
Margin Stock or extending credit for the purpose of purchasing or carrying Margin Stock. Proceeds of the Loans shall not be used for the purpose of purchasing or carrying Margin Stock. As of the Closing Date, no Credit Party and no Subsidiary of any
Credit Party owns any Margin Stock. 
 3.9 Title to Properties. 

(a) Schedule 3.9 sets forth a true and complete list of (x) each parcel of real property owned by any Credit Party and
each of their Subsidiaries (together with all plants, buildings, structures, installations, fixtures, fittings, improvements, betterments and additions situated thereon, all privileges and appurtenances thereto and all easements and rights-of-way
used or useful in connection therewith, the “Owned Real Estate”), showing the record title holder, legal address, and a permanent index number with respect to each such parcel of Owned Real Estate, (y) each parcel of Leased
Real Estate used by the Credit Parties and their Subsidiaries, together with a list of all Real Estate Leases, and (z) any other parcel of real property at which any Collateral is located. With respect to each parcel of Real Estate, except as
noted on Schedule 3.9: (i) a Credit Party has good, valid and marketable title in fee simple to, or valid leasehold interests in, such parcel of Real Estate, free and clear of all Liens other than Permitted Liens; (ii) the
applicable Credit Party has not assigned, transferred, conveyed, mortgaged, leased, subleased, licensed, deeded in trust or encumbered any interest in such parcel of Real Estate; and (iii) there are no other parties other than the Credit
Parties or one or more of their respective Subsidiaries occupying the Real Estate. With respect to each Real Estate Lease, except as noted on Schedule 3.9: (i) such Real Estate Lease is in full force and effect and enforceable by
the Credit Party or its Subsidiaries party thereto in accordance with its terms; (ii) neither the Credit Party or its Subsidiaries party thereto nor any other party thereto is in breach of

  
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or default thereunder (and to the knowledge of Borrowers, no event has occurred which with notice or the passage of time or both would constitute a breach or default thereunder); (iii) there
are no disputes, oral agreements, or forbearance programs in effect as to such Real Estate Lease; and (iv) there are no other parties other than any Credit Party or its Subsidiaries occupying the subject Leased Real Estate. 

(b) Schedule 3.9 also describes any outstanding purchase options, rights of first refusal, rights of first offer or other
similar contractual rights pertaining to the Real Estate or any portion thereof or interest therein. None of the Real Estate, nor any portion thereof nor interest therein, is affected by or the subject of any pending or, to the knowledge of
Borrowers contemplated or threatened condemnation, expropriation or other proceeding in eminent domain. Neither the Real Estate nor the use or occupancy thereof violates in any material way any applicable certificates, licenses, permits, covenants,
conditions or restrictions, whether federal, state, local or private, and the Real Estate has received all required certificates, licenses, permits, authorizations and approvals in connection with the use and occupancy thereof. Except as set forth
on Schedule 3.9, each parcel of Real Estate is supplied with, or has access to, utilities and other services necessary for the effective operation of the business of the Credit Parties and their Subsidiaries, including electricity,
water, telephone, sanitary sewer, storm sewer and natural gas, and has not, during the last two years, experienced any material interruption in the delivery of adequate quantities of any such utilities or services utilized or required in the
operation of the business of the Credit Parties and their Subsidiaries at the Real Estate. The Real Estate and all improvements and fixtures on or included within the same are in good condition, working order and repair and do not require material
repair or replacement in order to serve their intended purposes, including use and operation consistent with their present use and operation, except (i) as disclosed on Schedule 3.9 and (ii) for scheduled maintenance, repairs
and replacements conducted or required in the Ordinary Course of Business. Except as noted in Schedule 3.12, there are no claims, actions, governmental investigations, litigation or proceedings which are pending or, to the knowledge of
Borrowers, threatened against or otherwise relating to the Real Estate or any portion thereof or interest therein. None of the Real Estate, nor the current use and occupancy thereof, violates in any material respect any easement, covenant,
condition, restriction, similar provision in any instrument of record or other unrecorded agreement, or other Lien affecting such Real Estate. All real estate Taxes and assessments which may be due and payable with respect to the Real Estate have
been paid. The Credit Parties and their Subsidiaries have not received any notice of any special Tax or assessment affecting any Real Estate, and no such Taxes or assessments are pending or, to the knowledge of Borrowers, threatened. 

(c) Each of the Credit Parties and each of their respective Subsidiaries has good and valid title to all owned personal property and
valid leasehold interests in all leased personal property, in each instance, used in the ordinary conduct of their respective businesses, free and clear of all Liens other than Permitted Liens. 

3.10 Taxes. Other than as set forth in Schedule 3.10, all federal and state income and franchise and other material
tax returns, reports and statements (collectively, the “Tax Returns”) required to be filed by any Credit Party have been filed with the appropriate Governmental Authorities, all such Tax Returns are true and correct in all material
respects, and all material taxes, assessments and other governmental charges and impositions reflected therein or otherwise due and payable have been paid prior to the date on which any Liability may be

  
 31 

 
added thereto for non-payment thereof except for those contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves, if any, are maintained on the books
of the appropriate Credit Party in accordance with GAAP. As of the Closing Date, no Tax Return is under audit or examination by any Governmental Authority and no notice of any audit or examination or any assertion of any material claim for Taxes has
been given or made by any Governmental Authority. Proper and accurate amounts have been withheld by each Credit Party from their respective employees for all periods in full and complete compliance with the tax, social security and unemployment
withholding provisions of applicable Requirements of Law in all material respects and such withholdings have been timely paid to the respective Governmental Authorities. No Credit Party has participated in a “reportable transaction” within
the meaning of Treasury Regulation Section 1.6011-4(b) or has been a member of an affiliated, combined or unitary group other than the group of which a Credit Party is the common parent. As of the Closing Date, no election will be in effect
pursuant to Treasury Regulation Section 301.7701-3(g) to treat either Partnership or any Borrower as an association taxable as a corporation for federal income Tax purposes. 

3.11 Financial Condition. 
 (a) Each of (i) the audited consolidated balance sheet of Partnership, RNL and its Subsidiaries dated December 31, 2011, and the related audited consolidated statements of income or operations,
shareholders’ equity and cash flows for the Fiscal Year ended on that date, (ii) the unaudited interim consolidated balance sheet of Partnership, RNL and its Subsidiaries dated June 30, 2012, and the related unaudited
consolidated statements of income, shareholders’ equity and cash flows for the twelve fiscal months then ended, (iii) the audited consolidated balance sheet of AL and its Subsidiaries dated as of December 31, 2011, and the related
audited consolidated statements of income or operations, shareholders’ equity and cash flow for the Fiscal Year ended on that date; and (iv) the unaudited consolidated balance sheet of AL and its Subsidiaries for each monthly period from
the month ending January 31, 2012, through the month ending September 30, 2012, and the related unaudited consolidated statements of income, shareholders’ equity and cash flows for the twelve fiscal months then ended: 

(x) were prepared in accordance with GAAP consistently applied throughout the respective periods covered thereby, except
as otherwise expressly noted therein, subject to, in the case of the unaudited interim financial statements, normal year-end adjustments and the lack of footnote disclosures; and 

(y) present fairly in all material respects the consolidated financial condition of Partnership and its Subsidiaries as of
the dates thereof and results of operations for the periods covered thereby. 
 (b) The pro forma unaudited consolidated balance
sheet of Partnership and its Subsidiaries dated September 30, 2012, delivered on the Closing Date was prepared by Partnership giving pro forma effect to the funding of the Loans and the Related Transactions, was based on the unaudited
consolidated and consolidating balance sheets of Partnership and its Subsidiaries dated September 30, 2012, and was prepared in accordance with GAAP, with only such adjustments thereto as would be required in a manner consistent with GAAP.

  
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 (c) Since December 31, 2011, there has been no Material Adverse Effect. 

(d) The Credit Parties and their Subsidiaries have no Indebtedness other than Indebtedness permitted pursuant to Section 5.5
and have no Contingent Obligations other than Contingent Obligations permitted pursuant to Section 5.9. 
 (e) All
financial performance projections delivered to Agent, including the financial performance projections delivered on or prior to the Closing Date, represent Borrowers’ good faith estimate of future financial performance and are based on
assumptions believed by Borrowers to be fair and reasonable in light of current market conditions, it being acknowledged and agreed by Agent and Lenders that projections as to future events are not to be viewed as facts and that the actual results
during the period or periods covered by such projections may differ from the projected results. 
 All of the inventory of AL and its
Subsidiaries is usable and salable in the ordinary course of business consistent with past practices of such Person, except for obsolete items and items of below-standard quality which have been written down to net realizable value in such
Person’s financial statements. 
 3.12 Environmental Matters. Except as set forth in Schedule 3.12 and
except where any failures to comply would not reasonably be expected to result in, either individually or in the aggregate, Material Environmental Liabilities to Credit Parties and their Subsidiaries, (a) the operations of each Credit Party and
each Subsidiary of each Credit Party are and have been in compliance, in all material respects, with all applicable Environmental Laws, including obtaining, maintaining and complying with all Permits required by any applicable Environmental Law,
(b) no Credit Party and no Subsidiary of any Credit Party is party to, and no Real Estate currently (or to the knowledge of any Credit Party previously) owned, leased, subleased, operated or otherwise occupied by the Credit Parties and their
Subsidiaries is subject to or the subject of, any Contractual Obligation or any pending (or, to the knowledge of any Credit Party, threatened) order, action, investigation, suit, proceeding, audit, claim, demand, dispute or notice of violation or of
potential liability or similar notice relating in any manner to any Environmental Law, (c) no Lien in favor of any Governmental Authority securing, in whole or in part, Environmental Liabilities has attached to any Property of any Credit Party
or any Subsidiary of any Credit Party and, to the knowledge of any Credit Party, no facts, circumstances or conditions exist that could reasonably be expected to result in any such Lien attaching to any such Property, (d) no Credit Party and no
Subsidiary of any Credit Party has caused or suffered to occur a Release or, to the knowledge of such Credit Party or Subsidiary, any threatened Release of Hazardous Materials at, to or from any Real Estate in violation of or requiring reporting
under Environmental Laws, (e) other than Borrowers’ raw materials or products which are stored or produced thereon in compliance in all material respects with Environmental Laws, no Real Estate currently (or to the knowledge of any Credit
Party previously) owned, leased, subleased, operated or otherwise occupied by or for any such Credit Party and each Subsidiary of each Credit Party is contaminated with or contains Hazardous Materials in amounts or concentrations which could be
reasonably expected to give rise to liability under Environmental Laws, and (f) no Credit Party and no Subsidiary of any Credit Party (i) is or has been engaged in, or has permitted any current or former tenant to engage in, operations in
violation of any Environmental Law in any material respect or (ii) knows of any facts, circumstances or conditions reasonably 

  
 33 

 
constituting notice of a violation of any Environmental Law or communicating to any Credit Party or Subsidiary notice of liability or potential liability under the Comprehensive Environmental
Response, Compensation and Liability Act (42 U.S.C. § 9601 et seq.) or similar Environmental Laws. As of the consummation of the AL Acquisition, no Credit Party and no Subsidiary of any Credit Party is under any obligation to report to any
Governmental Authority with respect to any of the data in WCM Group’s August 2012 Phase I and Phase II reports or the Environmental Compliance and Risk Assessment dated August 28, 2012, in each case concerning the Texas Location.

 3.13 Regulated Entities. None of any Credit Party, any Person controlling any Credit Party, or any Subsidiary of any
Credit Party, is (a) an “investment company” within the meaning of the Investment Company Act of 1940 or (b) subject to regulation under the Federal Power Act, the Interstate Commerce Act, any state public utilities code, or any
other federal or state statute, rule or regulation limiting its ability to incur Indebtedness, pledge its assets or perform its obligations under the Loan Documents. 
 3.14 Solvency. Both before and after giving effect to (a) the Loans made and Letters of Credit Issued on or prior to the date this representation and warranty is made or remade, (b) the
disbursement of the proceeds of such Loans to or as directed by Borrower Representative, (c) the consummation of the Related Transactions, and (d) the payment and accrual of all transaction costs in connection with the foregoing, both the
Credit Parties and their Subsidiaries (on a consolidated basis) are, and each Borrower individually is, Solvent. 
 3.15
Labor Relations. Except as set forth on Part I of Schedule 3.15, there are no strikes, work stoppages, slowdowns, lockouts, claims pursuant to any collective bargaining or similar agreement with any representative of any
employee or group of employees at the Company, or claims pursuant to any labor law, including the National Labor Relations Act, the Labor Management Act and related laws, existing, pending (or, to the knowledge of any Credit Party, threatened)
against or involving any Credit Party or any Subsidiary of any Credit Party, except for those that would not, in the aggregate, reasonably be expected to have a Material Adverse Effect. Except as set forth on Part II of Schedule
3.15, as of the Closing Date, (a) there is no collective bargaining or similar agreement with any union, labor organization, works council or similar representative covering any employee of GP, any Credit Party or any Subsidiary of any
Credit Party, (b) no petition for certification or election of any such representative is existing or pending with respect to any employee of GP, any Credit Party or any Subsidiary of any Credit Party and (c) no such representative has
sought certification or recognition with respect to any employee of GP, any Credit Party or any Subsidiary of any Credit Party. 

3.16 Intellectual Property. Each Credit Party and each Subsidiary of each Credit Party owns, or is licensed to use or collaterally
assign, all Intellectual Property necessary to conduct its business as currently conducted except for such Intellectual Property the failure of which to own or license would not reasonably be expected to have, either individually or in the
aggregate, a Material Adverse Effect. To the knowledge of each Credit Party, (a) the conduct and operations of the businesses of each Credit Party and each Subsidiary of each Credit Party does not infringe, misappropriate, dilute, violate or
otherwise impair any Intellectual Property owned by any other Person and (b) no other Person has contested any right, title or interest of 

  
 34 

 
any Credit Party or any Subsidiary of any Credit Party in, or relating to, any Intellectual Property, other than, in each case, as cannot reasonably be expected to affect the Loan Documents and
the transactions contemplated therein and would not, in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 3.17 Brokers’ Fees; Transaction Fees. Except as disclosed on Schedule 3.17 and except for fees payable to Agent and Lenders, none of the Credit Parties or any of their respective
Subsidiaries has any obligation to any Person in respect of any finder’s or broker’s fee in connection with the transactions contemplated hereby. 
 3.18 Insurance. Each of the Credit Parties and each of their respective Subsidiaries and their respective Properties are insured with financially sound and reputable insurance companies which are
not Affiliates of any Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses of similar size and character as the business of the Credit Parties and, to the
extent relevant, owning similar Properties in localities where such Person operates. A true and complete listing of such insurance, including issuers, coverages and deductibles, has been provided to Agent. 

3.19 Ventures, Subsidiaries and Affiliates; Outstanding Stock. Except as set forth in Schedule 3.19, as of the
Closing Date, no Credit Party and no Subsidiary of any Credit Party has any Subsidiaries, is engaged in any joint venture or partnership with any other Person. All issued and outstanding Stock and Stock Equivalents of each of the Credit Parties, in
the case of Stock and Stock Equivalents of the Partnership, to the extent owned by the GP or RNHI, and each of their respective Subsidiaries are duly authorized and validly issued, fully paid, non-assessable, and free and clear of all Liens other
than, with respect to the Stock and Stock Equivalents of Borrowers and Subsidiaries of Borrowers, those in favor of Agent, for the benefit of the Secured Parties. All such securities were issued in compliance with all applicable state and federal
laws concerning the issuance of securities. All of the issued and outstanding Stock of each Credit Party (other than Partnership), and each Subsidiary of each Credit Party is owned by each of the Persons and in the amounts set forth in
Schedule 3.19. Except as set forth in Schedule 3.19, as of the Closing Date there are no pre-emptive or other outstanding rights to purchase, options, warrants or similar rights or agreements pursuant to which any Credit
Party may be required to issue, sell, repurchase or redeem any of its Stock or Stock Equivalents or any Stock or Stock Equivalents of its Subsidiaries. Set forth in Schedule 3.19 is a true and complete organizational chart of Rentech
and all of its Subsidiaries as of the Closing Date. 
 3.20 Jurisdiction of Organization; Chief Executive Office.
Schedule 3.20 lists each Credit Party’s jurisdiction of organization, legal name and organizational identification number, if any, and the location of such Credit Party’s chief executive office or sole place of business, in
each case as of the Closing Date, and such Schedule 3.20 also lists all jurisdictions of organization and legal names of such Credit Party for the five years preceding the Closing Date. 

3.21 Deposit Accounts and Other Accounts. Schedule 3.21 lists all banks and other financial institutions at which
any Credit Party maintains deposit or other accounts as of the Closing Date, and such Schedule correctly identifies the name, address and telephone number 

  
 35 

 
of each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor. 

3.22 Bonding; Licenses. Except as set forth in Schedule 3.22, as of the Closing Date, no Credit Party is a party to
or bound by any surety bond agreement, indemnification agreement therefor or bonding requirement with respect to products or services sold by it. 
 3.23 Contribution and Conversion Agreements. No Credit Party and, to the best of each Credit Party’s knowledge, no other Person party thereto is in default in the performance or compliance
with any provisions of the Contribution and Conversion Agreements. The Contribution and Conversion Agreements comply in all material respects with all applicable Requirements of Law. The Contribution and Conversion Agreements are in full force and
effect as of the Closing Date and have not been terminated, rescinded or withdrawn. 
 3.24 Acquisition Agreement. As of
the Closing Date, the Borrowers have delivered to Agent a complete and correct copy of the Acquisition Agreement (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other material documents delivered
pursuant thereto or in connection therewith). No Credit Party and, to the best of each Credit Party’s knowledge, no other Person party thereto is in default in the performance or compliance with any provisions thereof. The Acquisition Agreement
complies in all material respects with, and the AL Acquisition has been consummated in all material respects in accordance with, all applicable Requirements of Law. The Acquisition Agreement is in full force and effect as of the Closing Date and has
not been terminated, rescinded or withdrawn. All material requisite approvals by Governmental Authorities having jurisdiction over Seller, any Credit Party or the other Persons referenced therein with respect to the transactions contemplated by the
Acquisition Agreement have been obtained, and no such approvals impose any conditions to the consummation of the transactions contemplated by the Acquisition Agreement or to the conduct by any Credit Party of its business thereafter. Each of the
representations and warranties given by each applicable Credit Party in the Acquisition Agreement is true and correct in all material respects (without duplication of any materiality qualifier contained therein). 

3.25 Status of Partnership and Affiliates. Partnership has not engaged in any business activities and does not own any Property
other than (i) ownership of the Stock and Stock Equivalents of RNL and AL, (ii) activities and contractual rights incidental to maintenance of its corporate existence and its public company status, and (iii) the entering into and
performance of its obligations under the Loan Documents, the Contribution and Conversion Agreements, and the Related Agreements to which it is a party. GP has not engaged in any business activities and does not own any Property other than
(A) activities or Property relating to being the general partner of Partnership in accordance with Section 7.5 of the Partnership Agreement, and (B) the employer of employees or services to be provided, in each case, for the benefit
of each Borrower. RNHI does not own any Property other than ownership of the Stock and Stock Equivalents of Partnership and GP. 

3.26 Full Disclosure. None of the statements contained in each exhibit, report, statement or certificate furnished by or on behalf
of any Credit Party or any of their Subsidiaries in connection with the Loan Documents (including the offering and disclosure materials, if any, 

  
 36 

 
delivered by or on behalf of any Credit Party to Agent or the Lenders prior to the Closing Date), contains any untrue statement of a material fact or omits any material fact required to be stated
therein or necessary to make the statements made therein, in light of the circumstances under which they are made, not misleading in any material respect as of the time when made or delivered. 

3.27 Foreign Assets Control Regulations and Anti-Money Laundering. Each Credit Party and each Subsidiary of each Credit Party is
and will remain in compliance in all material respects with all U.S. economic sanctions laws, Executive Orders and implementing regulations as promulgated by the U.S. Treasury Department’s Office of Foreign Assets Control
(“OFAC”), and all applicable anti-money laundering and counter-terrorism financing provisions of the Bank Secrecy Act and all regulations issued pursuant to it. No Credit Party and no Subsidiary or Affiliate of a Credit Party
(i) is a Person designated by the U.S. government on the list of the Specially Designated Nationals and Blocked Persons (the “SDN List”) with which a U.S. Person cannot deal with or otherwise engage in business transactions,
(ii) is a Person who is otherwise the target of U.S. economic sanctions laws such that a U.S. Person cannot deal or otherwise engage in business transactions with such Person or (iii) is controlled by (including by virtue of such person
being a director or owning voting shares or interests), or acts, directly or indirectly, for or on behalf of, any person or entity on the SDN List or a foreign government that is the target of U.S. economic sanctions prohibitions such that the entry
into, or performance under, this Agreement or any other Loan Document would be prohibited under U.S. law. 
 3.28 Patriot
Act. The Credit Parties, each of their Subsidiaries and each of their Affiliates are in compliance with (a) the Trading with the Enemy Act, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR,
Subtitle B Chapter V, as amended) and any other enabling legislation or executive order relating thereto, (b) the Patriot Act and (c) other federal or state laws relating to “know your customer” and anti-money laundering
rules and regulations. No part of the proceeds of any Loan will be used directly or indirectly for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else
acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977. 

ARTICLE IV - 
 AFFIRMATIVE COVENANTS 
 Each Credit Party covenants and agrees that, so
long as any Lender shall have any Commitment hereunder, or any Loan or other Obligation (other than contingent indemnification Obligations to the extent no claim giving rise thereto has been asserted) shall remain unpaid or unsatisfied: 

4.1 Financial Statements. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, a system of
accounting established and administered in accordance with sound business practices to permit the preparation of financial statements in conformity with GAAP (provided that monthly financial statements shall not be required to have footnote
disclosures and are subject to normal year-end adjustments). Borrowers shall deliver to 

  
 37 

 
Agent by Electronic Transmission and in detail reasonably satisfactory to Agent and the Required Lenders: 
 (a) as soon as available, but not later than (i) with respect to the Fiscal Year ending December 31, 2012, one hundred and five (105) days after the end of such Fiscal Year, and
(ii) with respect to each Fiscal Year thereafter, ninety (90) days after the end of such Fiscal Year, a copy of the annual report filed by Partnership with the Securities and Exchange Commission in accordance with the Securities Exchange
Act of 1934, as amended, which includes a copy of the audited consolidated and consolidating balance sheets of Partnership and each of its Subsidiaries as at the end of such Fiscal Year and the related consolidated and consolidating statements of
income or operations, partners’ equity and cash flows for such Fiscal Year, setting forth in each case in comparative form the figures for the previous periods as required by the Securities and Exchange Commission, and accompanied by the report
of any “Big Four” or other nationally recognized independent public accounting firm reasonably acceptable to Agent which report shall (i) contain an unqualified opinion, stating that such consolidated financial statements present
fairly in all material respects the financial position for the periods indicated in conformity with GAAP applied on a basis consistent with prior years for Borrowers, and (ii) not include any explanatory paragraph expressing substantial doubt
as to going concern status; and 
 (b) within (i) with respect to each Fiscal Quarter during the Fiscal Year ending
December 31, 2012 (other than the Fiscal Quarter ending December 31, 2012), fifty (50) days after the end of each such Fiscal Quarter, and (ii) with respect to each Fiscal Quarter thereafter (other than a Fiscal Quarter ending at
the end of a Fiscal Year), forty-five (45) days after the end of each Fiscal Quarter, a copy of the quarterly report filed by Partnership with the Securities and Exchange Commission in accordance with the Securities Exchange Act of 1934, as
amended, which includes a copy of the consolidated and consolidating financial information regarding Partnership and its Subsidiaries, including (i) unaudited balance sheets as of the close of such Fiscal Quarter and the related statements of
income and cash flow for that portion of the Fiscal Year ending as of the close of such Fiscal Quarter and (ii) unaudited statements of income and cash flows for such Fiscal Quarter, in each case setting forth in comparative form the figures
for the corresponding period in the prior year, all prepared in accordance with GAAP (subject to normal year-end adjustments). 

(c) as soon as available, but not later than thirty (30) days after the end of the first and second fiscal months of each Fiscal
Quarter, a copy of the unaudited consolidated and consolidating balance sheets of Partnership and each of its Subsidiaries, and the related consolidated and consolidating statements of income, shareholders’ equity and cash flows as of the end
of such fiscal month and for the portion of the Fiscal Year then ended, all certified on behalf of Borrowers by an appropriate Responsible Officer of Borrower Representative as being complete and correct and fairly presenting, in all material
respects, in accordance with GAAP, the financial position and the results of operations of Partnership and its Subsidiaries, subject to normal year-end adjustments, quarterly adjustments for interest rate swaps, deviations from GAAP that are
customary in the preparation of monthly financial statements and absence of footnote disclosures. 

  
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 (d) as soon as available, but not later than forty-five (45) days after the end of each
Fiscal Year, an annual operating plan for Partnership and its Subsidiaries, on a consolidated and consolidating basis, approved by the GP for the following Fiscal Year, which (i) includes a statement or a summary within the operating plan of
all of the material assumptions on which such plan is based, (ii) includes monthly balance sheets and a monthly budget for the following year and (iii) integrates sales, gross profits, operating expenses, operating profit, cash flow
projections and Borrowing projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management’s good faith estimates of future
financial performance based on historical performance). 
 4.2 Certificates; Other Information. Borrowers shall furnish
to Agent by Electronic Transmission: 
 (a) together with each delivery of financial statements pursuant to Sections
4.1(a) and 4.1(b), (i) a management discussion and analysis report, in reasonable detail and the same form as filed with the SEC, signed by a Responsible Officer of Borrower Representative, describing the operations and financial
condition of the Credit Parties and their Subsidiaries for the Fiscal Quarter and the portion of the Fiscal Year then ended (or for the Fiscal Year then ended in the case of annual financial statements) and including updates on the status of the
Project including a description of any material modifications to the Project and (ii) a report setting forth in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year and the corresponding figures
from the most recent projections for the current Fiscal Year and discussing the reasons for any significant variations; 
 (b)
concurrently with the delivery of the financial statements referred to in Sections 4.1(a), 4.1(b) and 4.1(c) above, a fully and properly completed compliance certificate in the form of Exhibit 4.2(b) (a
“Compliance Certificate”), certified on behalf of Borrowers by a Responsible Officer of Borrower Representative; 
 (c) promptly after the same are sent, copies of all financial statements and reports which any Credit Party sends to its shareholders or other equity holders, as applicable, generally and promptly after
the same are filed, copies of all financial statements and regular, periodic or special reports which such Person may make to, or file with, the Securities and Exchange Commission or any successor or similar Governmental Authority; 

(d) promptly upon receipt thereof, copies of any reports submitted by the certified public accountants in connection with each annual,
interim or special audit or review of any type of the financial statements or internal control systems of any Credit Party made by such accountants, including any comment letters submitted by such accountants to management of any Credit Party in
connection with their services; 
 (e) from time to time (but not more frequently than one per Fiscal Year in the absence of the
occurrence of a Default or an Event of Default), if Agent determines that obtaining appraisals is necessary in order for Agent or any Lender to comply with applicable laws or regulations (including any appraisals required to comply with FIRREA), and
at any time if a Default or an Event of Default shall have occurred and be continuing, Agent may, or may 

  
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require Borrowers to, in either case at Borrowers’ expense, obtain appraisals in form and substance and from appraisers reasonably satisfactory to Agent stating the then current fair market
value of all or any portion of the personal property of any Credit Party or any Subsidiary of any Credit Party and the fair market value or such other value as determined by Agent (for example, replacement cost for purposes of Flood Insurance) of
any Real Estate of any Credit Party or any Subsidiary of any Credit Party; 
 (f) concurrently with the delivery of the
financial statements referred to in Section 4.1(b), a certificate of a Responsible Officer of Borrower Representative setting forth in reasonable detail any Margin Stock owned by each Credit Party and each Subsidiary of each Credit Party
as of the last day of such Fiscal Quarter; 
 (g) no later than 90 days after the end of each Fiscal Year, annual insurance
reports (summarizing insurance coverage at the end of such Fiscal Year) of the Credit Parties and their Subsidiaries in form and substance satisfactory to Agent; 
 (h) no later than 25 days after the end of each fiscal month, if the cumulative aggregate amount of the CAPEX Loans outstanding as of the end of such fiscal month varies from the cumulative amount of the
projected amount of CAPEX Loans described in the Schedule of CAPEX Loans as of the end of such fiscal month by more than 25%, then Borrower Representative shall deliver a written report explaining the reasons for such variance, which report shall be
in form and substance reasonably acceptable to Agent; and 
 (i) promptly, such additional business, financial, corporate
affairs, perfection certificates and other information as Agent may from time to time reasonably request. 
 Documents required
to be delivered pursuant to Section 4.1(a) or (b) or Section 4.2(c) (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be
deemed to have been delivered on the date (i) on which Partnership posts such documents, or provides a link thereto on Partnership’s website on the Internet at the website address listed on Schedule 4.2, (ii) on which
such documents are posted on Partnership’s behalf on an Internet or intranet website, if any, to which each Lender and Agent have access (whether a commercial, third-party website or whether sponsored by Agent), or (iii) on which Borrower
Representative provides to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents (delivery of the Compliance Certificates required to be delivered pursuant to Section 4.2(b) also
being deemed delivered on such date if included within such electronic mail under this clause (iii)); provided, Borrower Representative shall upon the request of Agent provide to Agent paper copies of any such electronically delivered
Compliance Certificates); provided further, that Borrower Representative shall notify Agent (by telecopier or electronic mail) of the posting of any such documents pursuant to clause (i) or (ii) above and provide to Agent by
electronic mail electronic versions (i.e., soft copies) of such documents, and Agent hereby agrees that it shall use reasonable commercial efforts to post such documents received pursuant to this clause (iii) on Borrowers’ behalf to
a commercial, third-party or other website sponsored by Agent and notify the Lenders of such posting. Except as expressly provided in the foregoing clause (iii), Agent shall have no obligation to request the delivery or to maintain copies of the
documents referred to above, and in any event shall have no responsibility to monitor compliance by any Borrower 

  
 40 

 
with any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 

4.3 Notices. Borrowers shall notify promptly Agent of each of the following (and in no event later than three (3) Business
Days after a Responsible Officer becomes aware thereof): 
 (a) the occurrence or existence of any Default or Event of Default;

 (b) any breach or non performance of, or any default under, any Contractual Obligation of any Credit Party or any Subsidiary
of any Credit Party, or any violation of, or non-compliance with, any Requirement of Law, which would reasonably be expected to result, either individually or in the aggregate, in a Material Adverse Effect, including a description of such breach,
non-performance, default, violation or non-compliance and the steps, if any, such Person has taken, is taking or proposes to take in respect thereof; 
 (c) any dispute, litigation, investigation, proceeding or suspension which may exist at any time between any Credit Party or any Subsidiary of any Credit Party and any Governmental Authority which would
reasonably be expected to result, either individually or in the aggregate, in a Material Adverse Effect; 
 (d) the commencement
of, or any material development in, any litigation or proceeding affecting any Credit Party or any Subsidiary of any Credit Party (i) in which the amount of damages claimed is $5,000,000 (or its equivalent in another currency or currencies) or
more, (ii) in which injunctive or similar relief is sought and which, if adversely determined, would reasonably be expected to have a Material Adverse Effect, or (iii) in which the relief sought is an injunction or other stay of the
performance of this Agreement, any other Loan Document, any Related Agreement or any Contribution and Conversion Agreement; 

(e) (i) the receipt by any Credit Party of any notice of violation of or potential liability or similar notice under Environmental Law
that would reasonably be expected to result, either individually or in the aggregate, in Material Environmental Liabilities, (ii)(A) unpermitted Releases, (B) the existence of any condition that could reasonably be expected to result in
violations of or Liabilities under, any Environmental Law or (C) the commencement of, or any material change to, any action, investigation, suit, proceeding, audit, claim, demand, dispute alleging a violation of or Liability under any
Environmental Law which in the case of clauses (A), (B) and (C) above, in the aggregate for all such clauses, would reasonably be expected to result in Material Environmental Liabilities, (iii) the receipt by any
Credit Party of notification that any Property of any Credit Party is subject to any Lien in favor of any Governmental Authority securing, in whole or in part, Environmental Liabilities and (iv) any proposed acquisition or lease of Real Estate,
if such acquisition or lease would have a reasonable likelihood of resulting in Material Environmental Liabilities; 
 (f) (i)
on or prior to any filing by any Credit Party of any notice of any reportable event under Section 4043(b) of ERISA or intent to terminate any Title IV Plan, a copy of such notice, (ii) promptly, and in any event within ten (10) days,
after any officer of Credit Party knows or has reason to know that a request for a minimum funding waiver under Section 

  
 41 

 
412 of the Code has been filed with respect to any Title IV Plan or Multiemployer Plan, a notice describing such waiver request and any action that any ERISA Affiliate proposes to take with
respect thereto, together with a copy of any notice filed with the PBGC or the IRS pertaining thereto, and (iii) promptly, and in any event within ten (10) days after any officer of any Credit Party knows or has reason to know that an
ERISA Event will or has occurred, a notice describing such ERISA Event (other than any ERISA Event described on Schedule 3.7), and any action that any ERISA Affiliate proposes to take with respect thereto, together with a copy of any
notices received from or filed with the PBGC, IRS, Multiemployer Plan or other Benefit Plan pertaining thereto; 
 (g) any
Material Adverse Effect subsequent to the date of the most recent audited financial statements delivered to Agent and Lenders pursuant to this Agreement; 
 (h) any material change in accounting policies or financial reporting practices by any Credit Party or any Subsidiary of any Credit Party; 

(i) any labor controversy resulting in or threatening to result in any strike, work stoppage, boycott, shutdown or other labor disruption
against or involving any Credit Party or any Subsidiary of any Credit Party if the same would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect; 

(j) the creation, establishment or acquisition of any Subsidiary or the issuance by or to any Credit Party of any Stock or Stock
Equivalent (other than issuances by Partnership of any Stock or Stock Equivalents); 
 (k) (i) the creation, or filing with the
IRS or any other Governmental Authority, of any Contractual Obligation or other document extending, or having the effect of extending, the period for assessment or collection of any income, franchise or other material taxes with respect to any
Credit Party and (ii) the creation of any Contractual Obligation of any Credit Party, or the receipt of any request directed to any Credit Party, to make any adjustment under Section 481(a) of the Code, by reason of a change in accounting
method or otherwise, which would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect; 

(l) any Disposition by a Credit Party or the occurrence of any Event of Loss suffered by any Credit Party, in each case where the Net
Proceeds received or expected to be received is greater than $2,000,000; 
 (m) not less than 5 Business Days prior to the
proposed formation of a Joint Venture in accordance with Section 5.4, a completed and executed Joint Venture Certificate for such proposed investment; 
 (n) within 2 Business Days of the declaration by Partnership of a dividend or distribution made in accordance with Section 5.11(a), a completed and executed certificate of the chief financial
officer of the GP setting forth the calculation of cash available for such distribution; and 

  
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 (o) on or before the date on which any dividend or distribution is made in accordance with
Section 5.11(f), a completed and executed Permitted Dividend/Distribution Certificate for such dividend or distribution. 
 Each
notice pursuant to this Section shall be in electronic form accompanied by a statement by a Responsible Officer of Borrower Representative, setting forth details of the occurrence referred to therein, and stating what action Borrowers or other
Person proposes to take with respect thereto and at what time. Each notice under Section 4.3(a) shall describe with particularity any and all clauses or provisions of this Agreement or other Loan Document that have been breached or
violated. 
 4.4 Preservation of Corporate Existence, Etc. Each Credit Party shall, and shall cause each of its
Subsidiaries to: 
 (a) preserve and maintain in full force and effect its organizational existence and good standing under the
laws of its jurisdiction of incorporation, organization or formation, as applicable, except, with respect to Borrowers’ Subsidiaries, in connection with transactions permitted by Section 5.3; 

(b) preserve and maintain in full force and effect all rights, privileges, qualifications, permits, licenses and franchises necessary in
the normal conduct of its business except in connection with transactions permitted by Section 5.3 and sales of assets permitted by Section 5.2 and except as would not reasonably be expected to have, either individually or in
the aggregate, a Material Adverse Effect; 
 (c) preserve or renew all of its registered Trademarks the non preservation of
which would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect; and 
 (d)
conduct its business and affairs without infringement of or interference with any Intellectual Property of any other Person in any material respect and shall comply in all material respects with the terms of its IP Licenses. 

4.5 Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve
all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would
not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 
 4.6 Insurance.

 (a) Each Credit Party shall, and shall cause each of its Subsidiaries to, (i) maintain or cause to be maintained in full
force and effect all policies of insurance of any kind with respect to the Property and businesses of the Credit Parties and such Subsidiaries (including policies of life, fire, theft, product liability, public liability, Flood Insurance, property
damage, other casualty, employee fidelity, workers’ compensation, business interruption and employee health and welfare insurance) with financially sound and reputable insurance companies or

  
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associations (in each case that are not Affiliates of Borrowers) of a nature and providing such coverage as is sufficient and as is customarily carried by businesses of the size and character of
the business of the Credit Parties and (ii) cause all such insurance relating to any Property or business of any Credit Party to name Agent as additional insured or lenders loss payee, as appropriate. All policies of insurance on real and
personal property of the Credit Parties will contain an endorsement, in form and substance acceptable to Agent, showing loss payable to Agent (Form CP 1218 or equivalent) and extra expense and business interruption endorsements. Such endorsement, or
an independent instrument furnished to Agent, will provide that the insurance companies will give Agent at least 30 days’ prior written notice before any such policy or policies of insurance shall be altered or canceled and that no act or
default of the Credit Parties or any other Person shall affect the right of Agent to recover under such policy or policies of insurance in case of loss or damage. Each Credit Party shall direct all present and future insurers under its “All
Risk” policies of property insurance to pay all proceeds payable thereunder directly to Agent. If any insurance proceeds are paid by check, draft or other instrument payable to any Credit Party and Agent jointly, Agent may endorse such Credit
Party’s name thereon and do such other things as Agent may deem advisable to reduce the same to cash. Agent reserves the right at any time, upon review of each Credit Party’s risk profile, to require additional forms and limits of
insurance. Notwithstanding the requirement in clause (i) above, Federal Flood Insurance shall not be required for any Real Estate that is not located in a Special Flood Hazard Area. If any Real Estate is located in a Special Flood Hazard
Area in a community that does not participate in the National Flood Insurance Program, the Credit Parties shall obtain flood insurance for such Real Estate in such total amount as the Agent may from time to time require. If the Seller is able to
obtain the Seller Insurance Policy (as defined in the Acquisition Agreement), then Borrowers shall obtain and maintain in full force and effect until the earlier of (A) the expiration of the Seller Insurance Policy or (B) the
occurrence of any of clauses (a), (b), (d) or (e) under the definition of Triggering Event (as defined in the Acquisition Agreement), an environmental insurance policy as soon as reasonably practicable, but in any event within 30 days
after the Seller Insurance Policy shall have been obtained, in an aggregate amount of not less than $20,000,000 or such lesser amount that becomes available on commercially reasonable terms (as determined by Agent) to cover all anticipated costs in
connection with closure and waste removal activities at the Texas Location for the phosphogypsum stack and related improvements known as Gypstack No. 1, which insurance policy shall be reasonably acceptable to Agent; provided, that such
environmental insurance policy can be obtained by Borrowers on commercially reasonable terms as determined by Agent. The Credit Parties shall cause such environmental insurance policy to name Agent as an additional insured and shall cause the
insurer to provide Agent with notice in the same manner as set forth above before such policy is altered or cancelled. 
 (b)
Unless the Credit Parties provide Agent with evidence of the insurance coverage required by this Agreement (including Flood Insurance), Agent may, with notice to Borrower Representative, purchase insurance (including Flood Insurance) at the Credit
Parties’ expense to protect Agent’s and Lenders’ interests, including interests in the Credit Parties’ and their Subsidiaries’ properties. This insurance may, but need not, protect the Credit Parties’ and their
Subsidiaries’ interests. The coverage that Agent purchases may not pay any claim that any Credit Party or any Subsidiary of any Credit Party makes or any claim that is made against such Credit Party or any Subsidiary in connection with said
Property. Borrowers may later cancel any insurance purchased by Agent, but only after providing Agent with evidence that there has been 

  
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obtained insurance as required by this Agreement. If Agent purchases insurance, the Credit Parties will be responsible for the costs of that insurance, including interest and any other charges
Agent may impose in connection with the placement of insurance, until the effective date of the cancellation or expiration of the insurance. The costs of the insurance shall be added to the Obligations. The costs of the insurance may be more than
the cost of insurance Borrowers may be able to obtain on its own. 
 4.7 Payment of Obligations. Each Credit Party shall,
and shall cause each of its Subsidiaries to, pay, discharge and perform as the same shall become due and payable or required to be performed, all their respective obligations and liabilities, including: 

(a) all material tax liabilities, assessments and governmental charges or levies upon it or its Property, unless the same are being
contested in good faith by appropriate proceedings diligently prosecuted which stay the enforcement of any Lien and for which adequate reserves in accordance with GAAP are being maintained by such Person; 

(b) all lawful claims which, if unpaid, would by law become a Lien upon its Property unless the same are being contested in good faith by
appropriate proceedings diligently prosecuted which stay the imposition or enforcement of any Lien and for which adequate reserves in accordance with GAAP are being maintained by such Person; 

(c) all Indebtedness, as and when due and payable, but subject to any subordination provisions contained herein, in any other Loan
Documents or in any instrument or agreement evidencing such Indebtedness; 
 (d) the performance of all obligations under any
Contractual Obligation to such Credit Party or any of its Subsidiaries is bound, or to which it or any of its Property is subject, including the Related Agreements and the Contribution and Conversion Agreements, except where the failure to perform
would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect; and 
 (e)
payments to the extent necessary to avoid the imposition of a Lien (other than any Permitted Lien) with respect to, or the involuntary termination of any underfunded Benefit Plan. 

4.8 Compliance with Laws. Each Credit Party shall, and shall cause each of its Subsidiaries to, comply with all Requirements of
Law of any Governmental Authority having jurisdiction over it or its business, except where the failure to comply would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 

4.9 Inspection of Property and Books and Records. Each Credit Party shall maintain and shall cause each of its Subsidiaries to
maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of such Person. Each Credit
Party shall, and shall cause each of its Subsidiaries to, with respect to each owned, leased, or controlled property, during normal business hours and upon reasonable advance notice (unless an Event of Default shall have occurred and be continuing,
in which event no notice shall be required and Agent shall have access at any and all times during the continuance 

  
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thereof): (a) provide access to such property to Agent and any of its Related Persons, as frequently as Agent determines to be appropriate; and (b) permit Agent and any of its Related
Persons to conduct field examinations, audit, inspect, and make extracts and copies (or take originals if reasonably necessary) from all of such Credit Party’s books and records, and evaluate and make physical verifications and appraisals of
the Inventory and other Collateral in any manner and through any medium that Agent considers advisable, in each instance, at the Credit Parties’ expense; provided (1) if no Default or Event of Default exists, such audits and inspections
shall be limited to one per Fiscal Year and (2) the Credit Parties shall only be obligated to reimburse Agent for the expenses of one such field examination, audit and inspection per calendar year or more frequently if an Event of Default has
occurred and is continuing. Any Lender may accompany Agent or its Related Persons in connection with any inspection at such Lender’s expense. 
 4.10 Use of Proceeds. Borrowers shall use the proceeds of (a) the Term Loan solely to (i) fund the AL Acquisition and the Related Transactions, (ii) pay deferred maintenance capital
expenditures of AL at the Texas Location, and (iii) pay fees and expenses related to the Related Transactions and this Agreement, (b) the CAPEX Loans solely to (i) refinance the Existing Indebtedness consisting of “CAPEX
Loans” under the Existing Credit Agreement, (ii) finance capital expenditures related to the Project in accordance with the Schedule of CAPEX Loans and (iii) finance capital expenditures at the Texas Location in an aggregate amount
not to exceed $10,000,000, and (d) the Revolving Loans solely to (i) pay costs and expenses required to be paid pursuant to Section 2.1, (ii) pay fees and expenses related to the Related Transactions and this Agreement,
(iii) refinance the Existing Indebtedness consisting of “Revolving Loans” under the Existing Credit Agreement, and (iv) fund for working capital, capital expenditures and other general corporate purposes not in contravention of
any Requirement of Law and not in violation of this Agreement. Borrowers shall use proceeds of Incremental Term Loans solely as provided in Section 1.1(f)(iii)(C). 
 4.11 Cash Management Systems. As soon as reasonably practicable but in any event on or before (a) December 30, 2012 (with extensions approved by Agent in its sole discretion), each Credit
Party shall enter into, and cause each depository or securities intermediary to enter into, Control Agreements with respect to each deposit, securities or similar account maintained by such Person (other than (i) any payroll account so long as
such payroll account is a zero balance account, (ii) withholding tax and other fiduciary accounts and (iii) the bank accounts described on Part I of Schedule 4.11 with balances not to exceed the amounts set forth
therein) and (b) except as set forth on Part II of Schedule 4.11 and subject to the balance limitations set forth therein, November 30, 2012 (with extensions approved by Agent in its sole discretion), all deposit,
securities or similar account maintained by any Credit Party at US Bank National Association shall have been closed and evidence in form and substance acceptable to Agent of such closure shall have been delivered to Agent. Any deposit, securities or
similar account (other than any payroll account so long as such payroll account is a zero balance account and withholding tax and fiduciary accounts) opened by any Credit Party after the Closing Date shall be subject to a Control Agreement.

 4.12 Landlord Agreements. Each Credit Party shall use commercially reasonable efforts to obtain a collateral access
agreement from each landlord, sublandlord or licensor, as applicable, for each Real Estate Lease, which agreements shall provide for, among 

  
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other things, (a) a waiver by such landlord, sublandlord or licensor of its interest in the Collateral, and (b) permission for Agent to access the subject Leased Real Estate for the
purposes of collecting, selling, disposing, removing or otherwise handling any Collateral located thereon, which agreements shall otherwise be reasonably satisfactory in form and substance to Agent. Each Credit Party shall use commercially
reasonably efforts to obtain bailee waivers from the bailee in possession of any Collateral with respect to each location where any Collateral is stored or located, which agreement shall be reasonably satisfactory in form and substance to Agent. If
requested by Agent, the Credit Parties shall use commercially reasonable efforts to deliver mortgagee waivers, as applicable, that in each case are reasonably satisfactory in form and substance to Agent. 

4.13 Further Assurances. 
 (a) Each Credit Party shall ensure that all written information, exhibits and reports furnished to Agent or the Lenders do not and will not contain any untrue statement of a material fact and do not and
will not omit to state any material fact or any fact necessary to make the statements contained therein not misleading in any material respect in light of the circumstances in which made, and will promptly disclose to Agent and the Lenders and
correct any material defect or error that may be discovered therein or in any Loan Document or in the execution, acknowledgement or recordation thereof. 
 (b) Promptly upon request by Agent, the Credit Parties shall (and, subject to the limitations hereinafter set forth, shall cause each of their Subsidiaries to) take such additional actions and execute
such documents as Agent may reasonably require from time to time in order (i) to carry out more effectively the purposes of this Agreement or any other Loan Document, (ii) to subject to the Liens created by any of the Collateral Documents
any of the Properties, rights or interests covered by any of the Collateral Documents, (iii) to perfect and maintain the validity, effectiveness and priority of any of the Collateral Documents and the Liens intended to be created thereby, and
(iv) to better assure, convey, grant, assign, transfer, preserve, protect and confirm to the Secured Parties the rights granted or now or hereafter intended to be granted to the Secured Parties under any Loan Document. Without limiting the
generality of the foregoing and except as otherwise approved in writing by Required Lenders, the Credit Parties shall cause each of their Domestic Subsidiaries (other than Excluded Subsidiaries) to guaranty the Obligations and to cause each such
Subsidiary to grant to Agent, for the benefit of the Secured Parties, a security interest in, subject to the limitations set forth herein and in the Collateral Documents, all of such Subsidiary’s Property to secure such guaranty. Furthermore
and except as otherwise approved in writing by Required Lenders, each Credit Party shall, and shall cause each of its Domestic Subsidiaries (other than Excluded Subsidiaries) to, pledge all of the Stock and Stock Equivalents of each of its Domestic
Subsidiaries (other than Excluded Subsidiaries) and First Tier Foreign Subsidiaries (provided that with respect to any First Tier Foreign Subsidiary, such pledge shall be limited to sixty-five percent (65%) of such Foreign Subsidiary’s
outstanding voting Stock and Stock Equivalents and one hundred percent (100%) of such Foreign Subsidiary’s outstanding non-voting Stock and Stock Equivalents) in each instance, to Agent, for the benefit of the Secured Parties, to secure
the Obligations. The Credit Parties shall deliver, or cause to be delivered, to Agent, appropriate resolutions, secretary certificates, certified Organizational Documents and, if requested by Agent, legal opinions relating to the matters described
in this Section 4.13 (which opinions shall be in form and substance reasonably 

  
 47 

 
acceptable to Agent and, to the extent applicable, substantially similar to the opinions delivered on the Closing Date), in each instance with respect to each Credit Party formed or acquired
after the Closing Date. In connection with each pledge of Stock and Stock Equivalents, the Credit Parties shall deliver, or cause to be delivered, to Agent, irrevocable proxies and stock powers or assignments, as applicable, duly executed in blank.
In the event any Credit Party or any Domestic Subsidiary (other than an Excluded Subsidiary) acquires any Real Estate with a fair market value in excess of $2,000,000, such Person shall promptly (and in any event within 30 days of such acquisition)
execute or deliver, or cause to be executed or delivered, to Agent, (I) an appraisal complying with FIRREA and otherwise in form and substance reasonably satisfactory to Agent, (II) within forty-five (45) days of receipt of notice from
Agent that the subject property is located in a Special Flood Hazard Area, Federal Flood Insurance as required by Section 4.6(a), (III) with respect to Real Estate owned by such Person, a fully executed Mortgage, in form and substance
reasonably satisfactory to Agent, together with an A.L.T.A. lender’s title insurance policy issued by a title insurer reasonably satisfactory to Agent, in form and substance and in an amount reasonably satisfactory to Agent, insuring that the
Mortgage is a valid and enforceable first priority Lien on the respective property, free and clear of all Liens, and containing such endorsements and other coverages reasonably required by Agent, (IV) if required in addition to the Mortgage, a UCC
fixture filing in form and substance reasonably satisfactory to Agent; (V) tenant estoppel(s) and subordination, non-disturbance and attornment agreement(s), in form and substance reasonably satisfactory to Agent, in the event the subject
property is leased from such Credit Party to other part(ies); (VI) an “insured closing letter” from the insurance company issuing the A.L.T.A. lender’s title insurance policy, to the extent reasonably required by Agent; (VII) an
opinion from counsel in the state where the subject property is located which provides, among other things, that the Mortgage is in proper form to create a valid and enforceable lien upon the subject property; (VIII) an A.L.T.A. survey performed
within sixty (60) days of the acquisition of such property, certified to Agent and such other parties requested by Agent, and performed by a licensed surveyor in the State where the subject property is located, which A.L.T.A. survey shall
contain “Table A” items 1-4, 6, 7(a), 7(b)(1), 7(b)(2), 7(c), 8-9, 11, 13, 14, 16, and 18; and (IX) an environmental site assessment prepared by a qualified firm reasonably acceptable to Agent, in form and substance satisfactory to
Agent. In addition to the obligations set forth in Sections 4.6(a) and 4.13(b)(s), within forty-five (45) days after written notice from Agent to the Credit Parties that any Real Estate is located in a Special Flood Hazard Area,
the Credit Parties shall satisfy the Federal Flood Insurance requirements of Section 4.6(a). 
 (c) Without limiting
the generality of the foregoing, to the extent reasonably necessary to maintain the continuing priority of the Lien of any existing Mortgages as security for the Obligations in connection with any Incremental Term Loan, as determined by Agent in its
reasonable discretion, the applicable Credit Party to any Mortgages shall within thirty (30) days of such funding or incurrence (or such later date as agreed by Agent) (i) enter into and deliver to Agent, at the direction and in the
reasonable discretion of Agent, a mortgage modification or new Mortgage in proper form for recording in the relevant jurisdiction and in a form reasonably satisfactory to Agent, (ii) cause to be delivered to Agent for the benefit of the Secured
Parties an endorsement to the title insurance policy, date down(s) or other evidence reasonably satisfactory to Agent insuring that the priority of the Lien of the Mortgages as security for the Obligations has not changed and confirming or insuring
that since the issuance of the title insurance policy there has been no change in the condition of title and there are no intervening liens or 

  
 48 

 
encumbrances which may then or thereafter take priority over the Lien of the Mortgages (other than those expressly permitted by Section 5.1(c) and 5.1(g)) and
(iii) deliver, at the request of Agent, to Agent or all other relevant third parties, all other items reasonably necessary to maintain the continuing priority of the Lien of the Mortgages as security for the Obligations. 

4.14 Environmental Matters. 
 (a) Each Credit Party shall, and shall cause each of its Subsidiaries to, comply and maintain all Real Estate, whether owned, leased, subleased or otherwise operated or occupied, in compliance with all
applicable Environmental Laws (including by implementing any Remedial Action necessary to achieve such compliance or that is required by orders and directives of any Governmental Authority) except where the failure to comply would not reasonably be
expected to, individually or in the aggregate, result in a Material Environmental Liability. Without limiting the foregoing, if an Event of Default is continuing or if Agent at any time has a reasonable basis to believe that there exists a non-de
minimis violation or violations of any Environmental Law by any Credit Party or any Subsidiary of any Credit Party or that there exist any non-de minimis Environmental Liabilities, then each Credit Party shall, within 30 days after receipt of a
written request from Agent, provide to the Lenders an environmental assessment report regarding the matters which are the subject of such Event of Default or reasonable belief, including, where appropriate, subsurface sampling of soil and
groundwater. Such a report shall be conducted and prepared by a reputable environmental consulting firm reasonably acceptable to Agent and shall be in form and substance reasonably acceptable to Agent. 

(b) Within twelve (12) months of the Closing Date, Borrowers shall notify ExxonMobil Oil Corporation in writing of their intention
to cease operations at Gypstack No. 1 twelve (12) months thereafter under the provisions of the Asset Purchase Agreement dated as of September 10, 1998 (the “1998 APA”) by and between Mobil Oil Corporation, a New York
corporation (as predecessor-in-interest to ExxonMobil Oil Corporation), and Agrifos Fertilizer L.P., a Texas limited partnership. 
 (c) (i) Borrowers shall use commercially reasonable efforts within twenty four (24) months of the Closing Date to (1) cease operations, including disposal of any waste materials, at
Gypstack No. 1 and (2) require ExxonMobil Oil Corporation to accept control of Gypstack No. 1. Notwithstanding the foregoing, within thirty (30) months of the Closing Date Borrowers shall cease operations, including disposal of
any waste materials, at Gypstack No. 1 and tender control of that stack to ExxonMobil Oil Corporation, and Borrowers will not reuse that stack or the stacks commonly referred to as the South Gypstack or Gypstack No. 4 for any purpose
(including waste disposal) after they have tendered control of Gypstack No. 1 to ExxonMobil Oil Corporation. Borrowers shall cooperate at all times in a timely manner with ExxonMobil Oil Corporation’s requests to effect commencement of
closure activities. Notwithstanding any other provision in this section, (A) Borrowers shall have ceased operations, including disposal of any waste materials, at Gypstack No. 1 within 30 months of the Closing Date; and (B) the tender
of Gypstack No. 1 shall have been accepted by ExxonMobil Oil Corporation within thirty (30) months from the Closing Date except, solely with respect to clause (B) of this Section 4.14(c), for circumstances where such
tender or acceptance is beyond the reasonable control of Borrowers and for delays in tender and acceptance caused by 

  
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Borrowers’ negotiation and resolution of outstanding disputes under Schedule 9.02 of MIPA which have not been resolved within six (6) months from the date of receipt of the claim for
any such dispute. For the avoidance of doubt, any delay in acceptance by ExxonMobil Oil Corporation of the tender of Gypstack No. 1 beyond thirty (30) months of the Closing Date caused by Borrowers’ negotiation and resolution of
outstanding disputes under Schedule 9.02 of MIPA that has continued for a period of greater than six (6) months from the date of receipt of the claim for any such dispute shall constitute an Event of Default. 

(ii) upon the request of ExxonMobil Oil Corporation, when such request relates to removal of naturally occurring radioactive
material by Buyer as provided under the 1998 APA, or of the applicable governmental agency or order regulating the closure of Gypstack No. 1, Borrowers shall commence removal of materials from Gypstack No. 1 as so required by ExxonMobil
Oil Corporation or such governmental agency or order in a timely manner, such actions to be performed in accordance with all applicable Environmental Laws. 
 (d) Subsequent to the Closing Date and prior to the acceptance of Gypstack No. 1 by ExxonMobil Oil Corporation for closure, Borrowers shall deliver to Agent, on a quarterly basis and in form and
substance reasonably acceptable to Agent, a written progress report with respect to completion of the task milestones set forth in Schedule 4.14. 
 (e) Borrowers shall undertake all commercially reasonable efforts to ensure timely attainment of the permit application milestones set forth at items 4, 8 and 9 of Schedule 4.14. 

(f) Within twelve (12) months of the Closing Date, an independent, nationally recognized and reputable environmental consulting firm
engaged by Borrowers and reasonably acceptable to Agent shall conduct an audit, the scope of which shall be reasonably acceptable to Agent, of the Texas Location relating to Credit Parties’ environmental, health and safety
(“EHS”) compliance with applicable Environmental Laws and good EHS management practices at such location. The consulting firm shall prepare a written report of the audit findings, a final version of that report, in form and
substance reasonably acceptable to Agent, to be delivered to Agent within sixty (60) days thereafter along with Borrowers’ plan, where necessary, to properly resolve any issues identified in such audit report so as to achieve compliance
with applicable Environmental Laws and good EHS management practices (“Action Plan”), such Action Plan to be implemented in a timely manner. Upon the request of Agent, which shall be no more frequent than once per calendar
year, and in accordance with the same procedure and schedule, Borrowers shall conduct an audit of the Texas location and provide the results of the audit to Agent, along with any Action Plan that should be necessary, which Action Plan shall be
implemented in a timely manner. 
 4.15 Post-Closing Obligations. As a material inducement to Agent and Lenders entering
into and performing their respective obligations under this Agreement, each Borrower hereby agrees to complete delivery or performance of each item set forth on Schedule 4.15 hereto on or prior to the date indicated with respect
thereto on Schedule 4.15. 

  
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 ARTICLE V - 
 NEGATIVE COVENANTS 
 Each Credit Party covenants and agrees that, so long
as any Lender shall have any Commitment hereunder, or any Loan or other Obligation (other than contingent indemnification Obligations to the extent no claim giving rise thereto has been asserted) shall remain unpaid or unsatisfied: 

5.1 Limitation on Liens. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, directly or
indirectly, make, create, incur, assume or suffer to exist any Lien upon or with respect to any part of its Property, whether now owned or hereafter acquired, other than the following (“Permitted Liens”): 

(a) any Lien existing on the Property of a Credit Party or a Subsidiary of a Credit Party on the Closing Date and set forth in
Schedule 5.1 securing Indebtedness outstanding on such date and permitted by Section 5.5(c), including replacement Liens on the Property currently subject to such Liens securing Indebtedness permitted by
Section 5.5(c); 
 (b) any Lien created under any Loan Document; 

(c) Liens for taxes, fees, assessments or other governmental charges (i) which are not past due or remain payable without penalty,
or (ii) the non payment of which is permitted by Section 4.7; 
 (d) carriers’, warehousemen’s,
mechanics’, landlords’, materialmen’s, repairmen’s or other similar statutory Liens arising in the Ordinary Course of Business which are not delinquent for more than ninety (90) days or remain payable without penalty or
which are being contested in good faith and by appropriate proceedings diligently prosecuted, which proceedings have the effect of preventing the forfeiture or sale of the Property subject thereto and for which adequate reserves in accordance with
GAAP are being maintained; 
 (e) Liens (other than any Lien imposed by ERISA) consisting of pledges or deposits required in the
Ordinary Course of Business in connection with workers’ compensation, unemployment insurance and other social security legislation or to secure the performance of tenders, statutory obligations, surety, stay, customs and appeals bonds, bids,
leases, governmental contract, trade contracts, performance and return of money bonds and other similar obligations (exclusive of obligations for the payment of borrowed money) or to secure liability to insurance carriers; 

(f) Liens consisting of judgment or judicial attachment liens not constituting an Event of Default under Section 7.1(h);

 (g) easements, rights of way, zoning and other restrictions, minor defects or other irregularities in title, and other
similar encumbrances incurred in the Ordinary Course of Business which, either individually or in the aggregate, are not substantial in amount, and which do not in any case materially detract from the value of the Property subject thereto or
interfere in 

  
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any material respect with the ordinary use and conduct of the businesses of any Credit Party or any Subsidiary of any Credit Party on such Property; 

(h) Liens on any Property acquired or held by any Credit Party or any Subsidiary of any Credit Party securing Indebtedness incurred or
assumed for the purpose of financing (or refinancing) all or any part of the cost of acquiring such Property and permitted under Section 5.5(d); provided that (i) any such Lien attaches to such Property concurrently
with or within thirty (30) days after the acquisition thereof, (ii) such Lien attaches solely to the Property so acquired in such transaction and the proceeds thereof, and (iii) the principal amount of the debt secured thereby does
not exceed 100% of the cost of such Property; 
 (i) Liens securing Capital Lease Obligations permitted under
Section 5.5(d); 
 (j) Liens arising from precautionary uniform commercial code financing statements filed under any
lease permitted by this Agreement; 
 (k) leases, subleases or licenses (by a Credit Party or any Subsidiary of a Credit Party
as lessor, sublessor or licensor) to third parties in the Ordinary Course of Business not interfering with the business of the Credit Parties or any of their Subsidiaries; 
 (l) Liens in favor of collecting banks arising under Section 4-210 of the UCC or, with respect to collecting banks located in the State of New York, under Section 4-208 of the UCC;

 (m) Liens (including the right of set-off) in favor of a bank or other depository institution arising as a matter of law
encumbering deposits; 
 (n) Liens arising out of consignment or similar arrangements for the sale of goods entered into by any
Borrower or any Subsidiary of any Borrower in the Ordinary Course of Business; 
 (o) Liens arising in connection with the
Permitted Sale/Leaseback Transactions; 
 (p) rights reserved to or vested in any Governmental Authority by the terms of any
right, power, franchise, grant, license or permit, or by any provision of law, to revoke or terminate any such right, power, franchise, grant, license or permit or to condemn or acquire by eminent domain or similar process; 

(q) Liens existing on any Property prior to the acquisition thereof by any Borrower or any of its Subsidiaries or existing on any
Property of any Person that becomes a Subsidiary after the Closing Date prior to the time such Person becomes a Subsidiary; provided, that (i) such Liens are not created in contemplation of or in connection with such acquisition or such
Person becoming a Subsidiary, as applicable, (ii) such Liens shall not apply to any other Property of such Borrower or any of its other Subsidiaries, (iii) such Liens shall secure only those obligations which it secures on the date of such
acquisition or the date such Person becomes a Subsidiary, as applicable, and extensions, renewals, refinancings and replacements 

  
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thereof that do not increase the outstanding principal amount thereof, and (iv) the debt secured by such Lien is debt permitted under Section 5.5(g) hereof; 

(r) other Liens securing liabilities in an aggregate amount not to exceed $3,000,000 at any time outstanding; provided, that any
secured Indebtedness incurred by the Credit Parties under this Section 5.1(r) shall reduce the amount of the liabilities permitted to be secured by Liens under Section 5.1(h) by the amount of such secured Indebtedness; and

 (s) Liens in favor of customs and revenue authorities arising as a matter of law which secure payment of customs duties in
connection with the importation of goods in the Ordinary Course of Business. 
 5.2 Disposition of Assets. No Credit
Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of (whether in one or a series of transactions) any Property (including the Stock
of any Subsidiary of any Credit Party, whether in a public or private offering or otherwise, and accounts and notes receivable, with or without recourse), except: 
 (a) dispositions of Inventory in the Ordinary Course of Business, or worn out or surplus equipment or materials; 
 (b) dispositions not otherwise permitted hereunder which are made for fair market value and the mandatory prepayment in the amount of the Net Proceeds of such disposition is made if and to the extent
required by Section 1.8(d); provided; that (i) at the time of any disposition, no Event of Default shall exist or shall result from such disposition, (ii) not less than 85% of the aggregate sales price from such
disposition shall be paid in cash, (iii) the aggregate fair market value of all assets so sold by the Credit Parties and their Subsidiaries, together, shall not exceed in any Fiscal Year $3,500,000; provided, that (A) if the
aggregate amount of asset dispositions made in any Fiscal Year shall be less than $3,500,000 (before giving effect to any carryover), then the amount of such shortfall may be added to the amount of asset dispositions permitted under this
Section 5.2(b) for the immediately succeeding Fiscal Year (but not any subsequent Fiscal Year), and (B) in determining whether any amount of asset dispositions is available for carryover, the amount expended in any Fiscal Year shall
first be deemed to be from the amount allocated to such Fiscal Year before giving effect to any amount carried over from the immediately preceding Fiscal Year, and (iv) after giving effect to such disposition, the Credit Parties are in
compliance on a pro forma basis with the covenants set forth in Article VI, recomputed for the most recent Fiscal Quarter for which financial statements have been delivered; 
 (c) dispositions of Cash Equivalents; 
 (d) transactions permitted under
Section 5.1(k); 
 (e) the Permitted Sale/Leaseback Transactions; 

(f) dispositions from (i) a Borrower to another Borrower or (ii) from any Subsidiary of a Borrower to any Borrower or other
Wholly-Owned Subsidiary of any Borrower; 

  
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 (g) dispositions of carbon credits in excess of the amount of carbon credits that the Credit
Parties reasonably foresee as necessary for the future operation of the businesses of the Credit Parties; 
 (h) a disposition
in the form of a long-term lease by RNL to a third party of approximately ten acres of the property located at 16675 U.S. Route 20 West, East Dubuque, Illinois; provided, that (i) such lease shall not interfere with the operations of RNL
on such property, and (ii) Borrowers shall have received the prior written consent of Agent to the final version of such lease; and 
 (i) dispositions in the form of easements granted by AFL to Seller or its Affiliates in form, substance and location satisfactory to Agent over portions of the Texas Location reasonably required for the
contemplated use and development by Seller or its Affiliates of the Panamax Dock; provided, that (i) such easements shall not interfere in any material respect with the operations of Borrowers on such property or materially reduce the
use or value of such property, and (ii) Borrowers shall have received the prior written consent of Agent to the final version of such easements. 
 5.3 Consolidations and Mergers. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, merge, consolidate with or into, or convey, transfer, lease or
otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except Permitted Acquisitions and except upon not less
than three (3) Business Days prior written notice to Agent, (a) any Borrower may merge with, or dissolve or liquidate into any other Borrower, (b) any Subsidiary of any Borrower may merge with, or dissolve or liquidate into, any
Borrower or a Wholly-Owned Subsidiary of any Borrower which is a Domestic Subsidiary, provided that such Borrower or such Wholly-Owned Subsidiary which is a Domestic Subsidiary shall be the continuing or surviving entity and all actions
required to maintain perfected Liens on the Stock of the surviving entity and other Collateral in favor of Agent, shall have been completed, and (c) any Foreign Subsidiary may merge with or dissolve or liquidate into another Foreign Subsidiary
provided if a First Tier Foreign Subsidiary is a constituent entity in such merger, dissolution or liquidation, either such First Tier Foreign Subsidiary shall be the continuing or surviving entity or the resulting First Tier Foreign Subsidiary
shall comply with the applicable requirements of Section 4.13(b). 
 5.4 Loans and Investments. No Credit
Party shall and no Credit Party shall suffer or permit any of its Subsidiaries to (i) purchase or acquire any Stock or Stock Equivalents, or any obligations or other securities of, or any interest in, any Person, including the establishment or
creation of a Subsidiary, or (ii) make any Acquisitions, or any other acquisition of all or substantially all of the assets of another Person, or of any business or division of any Person, including by way of merger, consolidation or other
combination or (iii) make or purchase, any advance, loan, extension of credit or capital contribution to or any other investment in, any Person including any Borrower, any Affiliate of any Borrower or any Subsidiary of any Borrower (the items
described in clauses (i), (ii) and (iii) are referred to as “Investments”), except for: 
 (a) Investments in cash and Cash Equivalents; 

  
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 (b) Investments by any Credit Party in any other Credit Party (including newly created
Subsidiaries permitted and subject to the terms hereunder); 
 (c) loans and advances to employees of GP or any Credit Party in
the Ordinary Course of Business not to exceed $100,000 in the aggregate at any time outstanding; 
 (d) Investments received as
the non cash portion of consideration received in connection with transactions permitted pursuant to Section 5.2(b); 
 (e) Investments acquired in connection with the settlement of delinquent Accounts in the Ordinary Course of Business or in connection with the bankruptcy or reorganization of suppliers or customers; and

 (f) Investments consisting of non-cash loans made by Partnership to officers, directors and employees of GP or a Credit Party
which are used by such Persons to purchase simultaneously Stock or Stock Equivalents of Partnership; 
 (g) Investments existing
on the Closing Date and set forth on Schedule 5.4; 
 (h) Investments comprised of Contingent Obligations
expressly permitted by Section 5.9; 
 (i) Permitted Acquisitions; 

(j) Investments made with the proceeds of issuances of the Stock of Partnership or the consideration for which consists of the issuance
by Partnership of Stock in Partnership; 
 (k) Investments in Joint Ventures; provided, that (i) the aggregate
amount of all investments made under this clause (k) shall not exceed $3,000,000 at any time, (ii) no Default or an Event of Default has occurred and is continuing or would result from any such investment, (iii) neither the
Credit Parties nor any of their Subsidiaries shall guarantee any Indebtedness of such Joint Venture, and (iv) the applicable Credit Party shall deliver, not less than five (5) Business Days prior to the proposed formation of such Joint
Venture, a completed and executed Joint Venture Certificate for such proposed investment; 
 (l) other Investments in an
outstanding aggregate amount at any time not exceeding $3,000,000. 
 5.5 Limitation on Indebtedness. No Credit Party
shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, create, incur, assume, permit to exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except: 

(a) the Obligations; 
 (b) the Supplemental Purchase Price; 

  
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 (c) Indebtedness existing on the Closing Date and set forth in Schedule 5.5
including Permitted Refinancings thereof; 
 (d) Indebtedness not to exceed $10,000,000 in the aggregate at any time
outstanding, consisting of Capital Lease Obligations or secured by Liens permitted by Section 5.1(h) and Permitted Refinancings thereof; 
 (e) unsecured intercompany Indebtedness permitted pursuant to Section 5.4(b); 
 (f) Subordinated Indebtedness; 
 (g) any Indebtedness of any Borrower or any
Subsidiary that is assumed to finance the cost of Permitted Acquisitions to the extent all such Indebtedness at any one time outstanding does not exceed $3,000,000; 
 (h) Guarantees of any Credit Party in respect of Indebtedness otherwise permitted hereunder of any Credit Party; 
 (i) any Indebtedness arising from judgments or decrees not deemed to be a Default or Event of Default under Section 7.1(h); 

(j) unsecured Indebtedness in respect of loans from a Governmental Authority in connection with economic development or incentive or
alternative energy programs in an aggregate principal amount not in excess of $2,500,000 at any time outstanding; and 
 (k)
other Indebtedness not exceeding in the aggregate at any time outstanding $2,000,000. 
 5.6 Transactions with
Affiliates. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, enter into any transaction with any Affiliate of any Borrower or of any such Subsidiary, except: 

(a) as expressly permitted by this Agreement; or 
 (b) pursuant to the reasonable requirements of the business of such Credit Party or such Subsidiary upon fair and reasonable terms no less favorable to such Credit Party or such Subsidiary than would be
obtained in a comparable arm’s length transaction with a Person not an Affiliate of any Borrower or such Subsidiary and, to the extent any such transaction involves an amount in excess of $3,000,000, the terms of which are disclosed in writing
to Agent; provided that the foregoing restriction shall not apply to transactions between or among Credit Parties or transactions described in “Certain Relationships and Related Party Transactions” in the Registration Statement.

 5.7 Fees and Compensation. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, pay any
management, consulting or similar fees to any Affiliate of any Credit Party or to any officer, director or employee of GP, any Credit Party or any Affiliate of any Credit Party except: 

  
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 (a) payment of reasonable compensation to officers and employees for actual services
rendered to the Credit Parties and their Subsidiaries; 
 (b) transactions permitted by Section 5.6; and 

(c) Partnership may reimburse expenses to GP and pay fees to GP in accordance with Section 7.4 of the Partnership Agreement (as in
effect on the Closing Date). 
 5.8 Use of Proceeds. No Credit Party shall, and no Credit Party shall suffer or permit
any of its Subsidiaries to, use any portion of the Loan proceeds, directly or indirectly, to purchase or carry Margin Stock or repay or otherwise refinance Indebtedness of any Credit Party or others incurred to purchase or carry Margin Stock, or
otherwise in any manner which is in contravention of any Requirement of Law or in violation of this Agreement. 
 5.9
Contingent Obligations. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Contingent Obligations except in respect of the Obligations and except:

 (a) endorsements for collection or deposit in the Ordinary Course of Business; 

(b) Rate Contracts entered into in the Ordinary Course of Business for bona fide hedging purposes and not for speculation with
Agent’s prior written consent; 
 (c) Contingent Obligations of the Credit Parties and their Subsidiaries existing as of
the Closing Date and listed in Schedule 5.9, including extension and renewals thereof which do not increase the amount of such Contingent Obligations or impose materially more restrictive or adverse terms on the Credit Parties or their
Subsidiaries as compared to the terms of the Contingent Obligation being renewed or extended; 
 (d) Contingent Obligations
arising under indemnity agreements to title insurers to cause such title insurers to issue to Agent title insurance policies; 

(e) Contingent Obligations arising with respect to customary indemnification obligations in favor of sellers in connection with
Acquisitions permitted hereunder and (ii) purchasers in connection with dispositions permitted under Section 5.2(b); 
 (f) Contingent Obligations arising under Letters of Credit; 
 (g) Contingent
Obligations arising under guarantees of obligations of any Credit Party (other than Partnership), which obligations are otherwise permitted hereunder; provided that if such obligation is subordinated to the Obligations, such guarantee shall
be subordinated to the same extent; 
 (h) Contingent Obligations incurred in the Ordinary Course of Business with respect to
surety and appeals bonds, performance bonds and other similar obligations; 
 (i) Contingent Obligations of any Borrower
incurred under Commodity Agreements, at the time of consummation of any such Commodity Agreement or at any other 

  
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time of determination, (i) with respect to natural gas for use in the ordinary course of production in the subsequent 3 month period, and (ii) with respect to natural gas for use in the
ordinary course of production in an aggregate outstanding amount not to exceed 67% of the maximum production capacity requirements for an 18-month period; 
 (j) Contingent Obligations of any Borrower incurred under Commodity Agreements to match such Borrower’s prepaid sales of fertilizer products; and 

(k) other Contingent Obligations not exceeding $3,000,000 in the aggregate at any time outstanding. 

5.10 [Reserved] 
 5.11 Restricted Payments. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, (i) declare or make any dividend payment or other distribution of
assets, properties, cash, rights, obligations or securities on account of any Stock or Stock Equivalent, (ii) purchase, redeem or otherwise acquire for value any Stock or Stock Equivalent now or hereafter outstanding, (iii) make any
payment or prepayment of principal of, premium, if any, interest, fees, redemption, exchange, purchase, retirement, defeasance, sinking fund or similar payment with respect to, Subordinated Indebtedness other than regularly scheduled payments of
interest or (iv) make any payment or prepayment of the Supplemental Purchase Price (the items described in clauses (i), (ii), (iii) and (iv) above are referred to as “Restricted Payments”); except that
any Subsidiary of any Borrower may declare and pay dividends to any Borrower or any Subsidiary of any Borrower ratably, and except that: 
 (a) Partnership may declare and make (i) dividend payments or other distributions payable solely in its Stock or Stock Equivalents, and (ii) distributions permitted under Section 6.3 of the
Partnership Agreement; 
 (b) Partnership may purchase, redeem or otherwise acquire Stock issued by it with the proceeds
received from the substantially concurrent issue of new Stock; 
 (c) Partnership may repurchase its Stock or accept surrender
of such Stock in lieu of cash payment in connection with the administration of the Long Term Incentive Plan as defined in the Partnership Agreement, including (i) in connection with the cashless exercise of awards under such plan, (ii) the
repurchase of restricted units from employees, directors and other recipients under such plan at nominal values, and (iii) the repurchase of Stock or surrender of Stock in lieu of cash payment by employees, directors and other such recipients
to satisfy federal, state or local tax withholding obligations of such employees, directors and other recipients with respect to income in connection with options, unit grants, phantom units or other awards made under such plan; provided,
that in the case of each such repurchase under clause (ii), (A) no Default or Event of Default has occurred and is continuing or would arise as a result of such repurchase; and (B) Borrower Representative has delivered to
Agent, as of the date of any such repurchase, a certificate in which Borrower Representative represents that each Borrower is in compliance with the terms of this Agreement including compliance on a pro forma basis with the covenants set forth in
Article VI as of the date of such repurchase; 

  
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 (d) Partnership may repurchase the Stock of Ineligible Holders (as defined in the
Partnership Agreement) pursuant to Section 4.9 of the Partnership Agreement; 
 (e) Partnership may pay the Supplemental
Purchase Price to Seller in the form of Stock of Partnership; provided that Partnership may pay the Supplemental Purchase Price to Seller in cash or Cash Equivalents with the prior written consent of Required Lenders; 

(f) RNL may make a distribution to Partnership with the proceeds of the Term Loan to fund the AL Acquisition; and 

(g) Borrowers may make dividends or distributions to Partnership so long as: (i) no Default or Event of Default has occurred and is
continuing or would arise as a result of such dividend or distribution; and (ii) Borrower Representative has delivered to Agent, as of the date of any such dividend or distribution, a completed and executed Permitted Dividend/Distribution
Certificate in which Borrower Representative represents that each Borrower is in compliance with the terms of this Agreement including compliance on a pro forma basis with the covenants set forth in Article VI as of the date of such dividend
or distribution. 
 5.12 Change in Business. No Credit Party shall, and no Credit Party shall permit any of its
Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or those reasonably incidental or related thereto. Partnership shall not engage in any business activities or
own any Property other than (a) ownership of the Stock and Stock Equivalents of Borrowers, (b) activities incidental to maintenance of its corporate existence, and (c) the entering into and performance of its obligations under the
Loan Documents and the Related Agreements to which it is a party. GP shall not engage in any business activities or own any Property other than activities or Property relating to acting as general partner of Partnership in accordance with
Section 7.5 of the Partnership Agreement and being the employer of employees of GP or services to be provided, in each case, for the benefit of Borrowers. RNHI shall not own any Property other than ownership of the Stock and Stock Equivalents
of Partnership and GP. 
 5.13 Change in Structure. Except as expressly permitted under Section 5.3, no
Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, amend (a) any of its Organization Documents, except to the extent that, such amendment (i) does not violate the terms and conditions of this Agreement or any
of the other Loan Documents, and (ii) could not reasonably be expected to have an material adverse effect on Agent, the Lenders, the L/C Issuers, or any Loan Parties. Notwithstanding anything to the contrary in this Agreement, no Credit Party
shall amend (x) Sections 4.10 and 6.3 of the Partnership Agreement without the prior written consent of Agent, or (y) Section 7.4 of the Partnership Agreement except to the extent that such amendment is not adverse to Agent or any
Lender in any respect. 
 5.14 Changes in Accounting, Name and Jurisdiction of Organization. No Credit Party shall, and
no Credit Party shall suffer or permit any of its Subsidiaries to, (a) make any significant change in accounting treatment or reporting practices, except (i) as required by GAAP or (ii) changes as necessary to conform the accounting
treatment or reporting practices of AL and its Subsidiaries to those of RNL; provided, that Agent shall be notified in writing of such 

  
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changes in the Compliance Certificate accompanying the financial statements delivered pursuant to this Agreement that incorporate any such changes, (b) change the Fiscal Year or method for
determining Fiscal Quarters of any Credit Party or of any consolidated Subsidiary of any Credit Party, (c) change its name as it appears in official filings in its jurisdiction of organization or (d) change its jurisdiction of
organization, in the case of clauses (c) and (d), without at least five (5) Business Days’ prior written notice to Agent and the acknowledgement of Agent that all actions required by Agent, including those to continue
the perfection of its Liens, have been completed. 
 5.15 Amendments to Related Agreements and Contribution and Conversion
Agreements. No Credit Party shall and no Credit Party shall permit any of its Subsidiaries, to (a) amend, supplement, waive or otherwise modify (i) Section 9.02(b)(ii) or Schedule 9.02 of the Acquisition Agreement or
any provision or defined term in the Acquisition Agreement that relates to the Additional Indemnity Escrow Amount (as defined in the Acquisition Agreement) or the obligation of Seller to indemnify in an amount up to the Cap or the Reduced Cap (as
each term is defined in the Acquisition Agreement) in any respect that is adverse to Agent or Lenders without the prior written consent of Agent or (ii) any other provision of any Related Agreement or any Contribution and Conversion Agreement
in a manner materially adverse to Agent or Lenders or which would reasonably be expected to have a Material Adverse Effect, or (b) take or fail to take any action under any Related Agreement or any Contribution and Conversion Agreement that
would reasonably be expected to have a Material Adverse Effect. 
 5.16 No Negative Pledges. 

(a) No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, create or otherwise cause
or suffer to exist or become effective any consensual restriction or encumbrance of any kind on the ability of any Credit Party (other than Partnership) or Subsidiary to pay dividends or make any other distribution on any of such Credit Party’s
or Subsidiary’s Stock or Stock Equivalents or to pay fees, including management fees, or make other payments and distributions to any Borrower or any other Credit Party. No Credit Party shall, and no Credit Party shall permit any of its
Subsidiaries to, directly or indirectly, enter into, assume or become subject to any Contractual Obligation prohibiting or otherwise restricting the existence of any Lien upon any of its assets in favor of Agent to secure the Obligations, whether
now owned or hereafter acquired. The foregoing shall not apply to (A) restrictions and conditions imposed by law or by any Loan Document, (B) customary restrictions and conditions contained in agreements relating to the sale of a
Subsidiary pending such sale, provided such restrictions and conditions apply only to the Subsidiary that is to be sold and such sale is permitted hereunder, (C) restrictions and conditions imposed on any Foreign Subsidiary by the terms of any
Indebtedness of such Foreign Subsidiary permitted to be incurred hereunder, (D) restrictions and conditions imposed on the ability of any Loan Party to create, incur or permit to exist any Lien on any carbon credits or similar allowances of
such Loan Party by any agreement with a third party that is not an Affiliate of Parent, Holdings, any Borrower or the Subsidiaries, (E) customary provisions in joint venture agreements and other similar agreements that restrict the assignment
or other transfer of any interest in joint ventures; (F) restrictions or conditions imposed by any agreement relating to secured Indebtedness permitted by Sections 5.1(h), 5.1(i), 5.1(q) and 5.1(r) if such
restrictions or conditions apply only to the property or assets securing such Indebtedness, and (G) customary provisions in leases and other contracts restricting the assignment thereof. 

  
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 (b) No Borrower shall issue any Stock or Stock Equivalents (i) if such issuance would
result in an Event of Default under Section 7.1(k) and (ii) unless such Stock and Stock Equivalents are pledged to Agent, for the benefit of the Secured Parties, as security for the Obligations, on substantially the same terms and
conditions as the Stock and Stock Equivalents of Borrower owned by Partnership are pledged to Agent as of the Closing Date. 

5.17 OFAC; Patriot Act. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to fail to comply with the
laws, regulations and executive orders referred to in Section 3.27 and Section 3.28. 
 5.18
Sale-Leasebacks. Except for Permitted Sale/Leaseback Transactions, no Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, engage in a sale leaseback, synthetic lease or similar transaction involving any of its
assets, including its Real Estate. 
 5.19 Hazardous Materials. No Credit Party shall, and no Credit Party shall permit
any of its Subsidiaries to, cause or suffer to exist any Release of any Hazardous Material at, to or from any Real Estate that would violate any Environmental Law, form the basis for any Environmental Liabilities or otherwise adversely affect the
value or marketability of any Real Estate (whether or not owned by any Credit Party or any Subsidiary of any Credit Party), other than such violations, Environmental Liabilities and effects that would not, in the aggregate, reasonably be expected to
have a Material Adverse Effect. 
 ARTICLE VI - 
 FINANCIAL COVENANTS 
 Each Credit Party covenants and agrees that, so long
as any Lender shall have any Commitment hereunder, or any Loan or other Obligation (other than contingent indemnification Obligations to the extent no claim giving rise thereto has been asserted) shall remain unpaid or unsatisfied: 

6.1 Total Leverage Ratio. The Credit Parties shall not permit the Total Leverage Ratio to be greater than 2.5 to 1.0 as of the end
of each Fiscal Quarter for the twelve-month period then ended. “Total Leverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b). 

6.2 Fixed Charge Coverage Ratio. The Credit Parties shall not permit the Fixed Charge Coverage Ratio to be less than 1.0 to 1.0 as
of the end of each Fiscal Quarter for the twelve-month period then ended. “Fixed Charge Coverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b). 

6.3 Clean Down Period. During a Clean Down Period, Borrowers shall repay the Revolving Loans so that the aggregate outstanding
amount of the Revolving Loans are reduced to $0 (other than the outstanding Letter of Credit Obligations), with all liabilities of Borrowers being paid currently (except for those liabilities being contested in good faith and for which adequate
reserves are maintained on the books of Borrowers in accordance with GAAP), and Borrowers shall be required to maintain three Clean Down Periods during each Fiscal Year. 

  
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Borrower Representative shall designate three Clean Down Periods during each Fiscal Year by delivering to Agent prior written notice of its election to initiate the Clean Down Period;
provided, that (i) there shall be an interval of no less than 60 days between any two Clean Down Periods, and (ii) one Clean Down Period in each Fiscal Year shall commence in April of such Fiscal Year. 

ARTICLE VII - 
 EVENTS OF DEFAULT 
 7.1 Event of Default. Any of the following shall
constitute an “Event of Default”: 
 (a) Non-Payment. Any Credit Party fails (i) to pay when and as
required to be paid herein, any amount of principal of any Loan, including after maturity of the Loans, or to pay any L/C Reimbursement Obligation or (ii) to pay within three (3) Business Days after the same shall become due, interest on
any Loan, any fee or any other amount payable hereunder or pursuant to any other Loan Document; or 
 (b) Representation or
Warranty. Any representation, warranty or certification by or on behalf of any Credit Party or any of its Subsidiaries made or deemed made herein, in any other Loan Document, or which is contained in any certificate, document or financial or
other statement by any such Person, or their respective Responsible Officers, furnished at any time under this Agreement, or in or under any other Loan Document, shall prove to have been incorrect in any material respect (without duplication of
other materiality qualifiers contained therein) on or as of the date made or deemed made; or 
 (c) Specific Defaults.
Any Credit Party fails to perform or observe any term, covenant or agreement contained in any of Sections 4.1, 4.2(a), 4.2(b), 4.3(a), 4.6, 4.9, 4.10, 4.14 or 9.10(d), Article V or Article VI hereof or the Fee Letter; or 

(d) Other Defaults. Any Credit Party or Subsidiary of any Credit Party fails to perform or observe any other term, covenant or
agreement contained in this Agreement or any other Loan Document, and such default shall continue unremedied for a period of thirty (30) days after the earlier to occur of (i) the date upon which a Responsible Officer of any Credit Party
becomes aware of such default and (ii) the date upon which written notice thereof is given to Borrower Representative by Agent or Required Lenders; or 
 (e) Cross Default. Any Credit Party or any Subsidiary of any Credit Party (i) fails to make any payment in respect of any Indebtedness (other than the Obligations) or Contingent Obligation
(other than the Obligations) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than $5,000,000 when due
(whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) and such failure continues after the applicable grace or notice period, if any, specified in the document relating thereto on the date of such failure; or
(ii) fails to perform or observe any other condition or covenant, or any other event shall occur or condition exist, under any agreement or 

  
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instrument relating to any such Indebtedness or Contingent Obligation (other than Contingent Obligations owing by one Credit Party with respect to the obligations of another Credit Party
permitted hereunder or earnouts permitted hereunder), if the effect of such failure, event or condition is to cause, or to permit the holder or holders of such Indebtedness or beneficiary or beneficiaries of such Indebtedness (or a trustee or agent
on behalf of such holder or holders or beneficiary or beneficiaries) to cause such Indebtedness to be declared to be due and payable prior to its stated maturity (without regard to any subordination terms with respect thereto), or such Contingent
Obligation to become payable or cash collateral in respect thereof to be demanded; or 
 (f) Insolvency; Voluntary
Proceedings. Any Credit Party or any Subsidiary of any Credit Party: (i) generally fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if any, whether at stated
maturity or otherwise; (ii) voluntarily ceases to conduct its business in the ordinary course; (iii) commences any Insolvency Proceeding with respect to itself; or (iv) takes any action to effectuate or authorize any of the foregoing;
or 
 (g) Involuntary Proceedings. (i) Any involuntary Insolvency Proceeding is commenced or filed against any
Credit Party or any Subsidiary of any Credit Party, or any writ, judgment, warrant of attachment, execution or similar process, is issued or levied against a substantial part of any such Person’s Properties, and any such proceeding or petition
shall not be dismissed, or such writ, judgment, warrant of attachment, execution or similar process shall not be released, vacated or fully bonded within sixty (60) days after commencement, filing or levy; (ii) any Credit Party or any
Subsidiary of any Credit Party admits the material allegations of a petition against it in any Insolvency Proceeding, or an order for relief (or similar order under non-U.S. law) is ordered in any Insolvency Proceeding; or (iii) any Credit
Party or any Subsidiary of any Credit Party acquiesces in the appointment of a receiver, trustee, custodian, conservator, liquidator, mortgagee in possession (or agent therefor), or other similar Person for itself or a substantial portion of its
Property or business; or 
 (h) Monetary Judgments. One or more judgments, non-interlocutory orders, decrees or
arbitration awards shall be entered against any one or more of the Credit Parties or any of their respective Subsidiaries involving in the aggregate a liability of $5,000,000 or more (excluding amounts covered by insurance to the extent the relevant
independent third-party insurer has not denied coverage therefor), and the same shall remain unsatisfied, unvacated and unstayed pending appeal for a period of thirty (30) days after the entry thereof; or 

(i) Non Monetary Judgments. One or more non-monetary judgments, orders or decrees shall be rendered against any one or more of the
Credit Parties or any of their respective Subsidiaries which has or would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect, and there shall be any period of ten (10) consecutive days during
which a stay of enforcement of such judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; or 

(j) Collateral. Any material provision of any Loan Document shall for any reason cease to be valid and binding on or enforceable
against any Credit Party or any Subsidiary of any Credit Party party thereto or any Credit Party or any Subsidiary of any Credit Party shall 

  
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so state in writing or bring an action to limit its obligations or liabilities thereunder; or any Collateral Document shall for any reason (other than pursuant to the terms thereof) cease to
create a valid security interest in the Collateral purported to be covered thereby or such security interest shall for any reason (other than the failure of Agent to take any action within its control) cease to be a perfected and first priority
security interest subject only to Permitted Liens; or 
 (k) Ownership. Other than due to a transaction permitted by
Section 5.2 or 5.3, (i) Partnership shall cease to own one hundred percent (100%) of the issued and outstanding Stock and Stock Equivalents of each of RNL and AL, and (ii) AL shall cease to own one hundred percent
(100%) of the issued and outstanding Stock and Stock Equivalents of each of AFL and ASL, in each case, free and clear of all Liens, rights, options, warrants or other similar agreements or understandings, other than Liens in favor of Agent, for
the benefit of the Secured Parties; or 
 (l) Change of Control. The majority of the board of directors of RNHI or GP
shall cease to consist of directors appointed by Rentech; or 
 (m) Compliance with ERISA. Either (i) any ERISA
Affiliate shall cause or suffer to exist (A) any event that could result in the imposition of a Lien on any asset of a Credit Party or a Subsidiary of a Credit Party with respect to any Title IV Plan or Multiemployer Plan or (B) any other
ERISA Event, that would in the case of clauses (A) or (B), in the aggregate, have a Material Adverse Effect, or (ii) any Credit Party shall cause or suffer to exist any event that could result in the imposition of a Lien with
respect to any Benefit Plan, which, in the reasonable judgment of Agent, could reasonably be expected to have a Material Adverse Effect. 
 7.2 Remedies. Upon the occurrence and during the continuance of any Event of Default, Agent may, and shall at the request of the Required Lenders: 

(a) declare all or any portion of any one or more of the Commitments of each Lender to make Loans or of the L/C Issuer to issue Letters
of Credit to be suspended or terminated, whereupon all or such portion of such Commitments shall forthwith be suspended or terminated; 
 (b) declare all or any portion of the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan
Document to be immediately due and payable; without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by each Credit Party; or 
 (c) exercise on behalf of itself and the Lenders all rights and remedies available to it and the Lenders under the Loan Documents or applicable law; 

provided, however, that (i) upon the occurrence of any event specified in Sections 7.1(f) or 7.1(g) above (in the case
of Section 7.1(g)(i) upon the expiration of the sixty (60) day period mentioned therein), the obligation of each Lender to make Loans and the obligation of the L/C Issuer to Issue Letters of Credit shall automatically terminate and
the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable without further act of Agent, any Lender or the L/C Issuer, and

  
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(ii) notwithstanding anything to the contrary set forth herein or in the other Loan Documents, Agent shall only be required to exercise rights or remedies against Collateral consisting of
Real Estate or Stock at the written direction of Supermajority Lenders. 
 7.3 Rights Not Exclusive. The rights provided
for in this Agreement and the other Loan Documents are cumulative and are not exclusive of any other rights, powers, privileges or remedies provided by law or in equity, or under any other instrument, document or agreement now existing or hereafter
arising. 
 7.4 Cash Collateral for Letters of Credit. If an Event of Default has occurred and is continuing, this
Agreement (or the Revolving Loan Commitment) shall be terminated for any reason or if otherwise required by the terms hereof, Agent may, and upon request of Required Revolving Lenders, shall, demand (which demand shall be deemed to have been
delivered automatically upon any acceleration of the Loans and other obligations hereunder pursuant to Section 7.2), and Borrowers shall thereupon deliver to Agent, to be held for the benefit of the L/C Issuer, Agent and the Lenders
entitled thereto, an amount of cash equal to 105% of the amount of Letter of Credit Obligations as additional collateral security for Obligations in respect of any outstanding Letter of Credit. Agent may at any time apply any or all of such cash and
cash collateral to the payment of any or all of the Credit Parties’ Obligations in respect of any Letters of Credit. Pending such application, Agent may (but shall not be obligated to) invest the same in an interest bearing account in
Agent’s name, for the benefit of the L/C Issuer, Agent and the Lenders entitled thereto, under which deposits are available for immediate withdrawal, at such bank or financial institution as the L/C Issuer and Agent may, in their discretion,
select. 
 ARTICLE VIII - 
 AGENT 
 8.1 Appointment and Duties. 

(a) Appointment of Agent. Each Lender and each L/C Issuer hereby appoints GE Capital (together with any successor Agent pursuant
to Section 8.9) as Agent hereunder and authorizes Agent to (i) execute and deliver the Loan Documents and accept delivery thereof on its behalf from any Credit Party, (ii) take such action on its behalf and to exercise all
rights, powers and remedies and perform the duties as are expressly delegated to Agent under such Loan Documents and (iii) exercise such powers as are reasonably incidental thereto. 

(b) Duties as Collateral and Disbursing Agent. Without limiting the generality of clause (a) above, Agent shall have
the sole and exclusive right and authority (to the exclusion of the Lenders and L/C Issuers), and is hereby authorized, to (i) act as the disbursing and collecting agent for the Lenders and the L/C Issuers with respect to all payments and
collections arising in connection with the Loan Documents (including in any proceeding described in Sections 7.1(f) or 7.1(g) or any other bankruptcy, insolvency or similar proceeding), and each Person making any payment in connection
with any Loan Document to any Secured Party is hereby authorized to make such payment to Agent, (ii) file and prove claims and file other documents necessary or desirable to allow the claims of the Secured Parties with respect to

  
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any Obligation in any proceeding described in Section 7.1(f) or 7.1(g) or any other bankruptcy, insolvency or similar proceeding (but not to vote, consent or otherwise act on
behalf of such Person), (iii) act as collateral agent for each Secured Party for purposes of the perfection of all Liens created by such agreements and all other purposes stated therein, (iv) manage, supervise and otherwise deal with the
Collateral, (v) take such other action as is necessary or desirable to maintain the perfection and priority of the Liens created or purported to be created by the Loan Documents, (vi) except as may be otherwise specified in any Loan
Document, exercise all remedies given to Agent and the other Secured Parties with respect to the Credit Parties or the Collateral, whether under the Loan Documents, applicable Requirements of Law or otherwise and (vii) execute any amendment,
consent or waiver under the Loan Documents on behalf of any Lender that has consented in writing to such amendment, consent or waiver; provided, however, that Agent hereby appoints, authorizes and directs each Lender and L/C Issuer to act as
collateral sub-agent for Agent, the Lenders and the L/C Issuers for purposes of the perfection of all Liens with respect to the Collateral, including any deposit account maintained by a Credit Party with, and cash and Cash Equivalents held by, such
Lender or L/C Issuer, and may further authorize and direct the Lenders and the L/C Issuers to take further actions as collateral sub-agents for purposes of enforcing such Liens or otherwise to transfer the Collateral subject thereto to Agent, and
each Lender and L/C Issuer hereby agrees to take such further actions to the extent, and only to the extent, so authorized and directed. 
 (c) Limited Duties. Under the Loan Documents, Agent (i) is acting solely on behalf of the Secured Parties (except to the limited extent provided in Section 1.4(b) with respect to
the Register), with duties that are entirely administrative in nature, notwithstanding the use of the defined term “Agent”, the terms “agent”, “Agent” and “collateral agent” and similar terms in any Loan
Document to refer to Agent, which terms are used for title purposes only, (ii) is not assuming any obligation under any Loan Document other than as expressly set forth therein or any role as agent, fiduciary or trustee of or for any Lender, L/C
Issuer or any other Person and (iii) shall have no implied functions, responsibilities, duties, obligations or other liabilities under any Loan Document, and each Secured Party, by accepting the benefits of the Loan Documents, hereby waives and
agrees not to assert any claim against Agent based on the roles, duties and legal relationships expressly disclaimed in clauses (i) through (iii) above. 

8.2 Binding Effect. Each Secured Party, by accepting the benefits of the Loan Documents, agrees that (i) any action taken by
Agent or the Required Lenders (or, if expressly required hereby, a greater proportion of the Lenders) in accordance with the provisions of the Loan Documents, (ii) any action taken by Agent in reliance upon the instructions of Required Lenders
(or, where so required, such greater proportion) and (iii) the exercise by Agent or the Required Lenders (or, where so required, such greater proportion) of the powers set forth herein or therein, together with such other powers as are
reasonably incidental thereto, shall be authorized and binding upon all of the Secured Parties. 
 8.3 Use of Discretion.

 (a) No Action without Instructions. Agent shall not be required to exercise any discretion or take, or to omit to
take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document 

  
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or (ii) pursuant to instructions from the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders). 

(b) Right Not to Follow Certain Instructions. Notwithstanding clause (a) above, Agent shall not be required to take,
or to omit to take, any action (i) unless, upon demand, Agent receives an indemnification satisfactory to it from the Lenders (or, to the extent applicable and acceptable to Agent, any other Person) against all Liabilities that, by reason of
such action or omission, may be imposed on, incurred by or asserted against Agent or any Related Person thereof or (ii) that is, in the opinion of Agent or its counsel, contrary to any Loan Document or applicable Requirement of Law. 

(c) Exclusive Right to Enforce Rights and Remedies. Notwithstanding anything to the contrary contained herein or in any other Loan
Document, the authority to enforce rights and remedies hereunder and under the other Loan Documents against the Credit Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement
shall be instituted and maintained exclusively by, the Agent in accordance with the Loan Documents for the benefit of all the Lenders and the L/C Issuer; provided that the foregoing shall not prohibit (a) the Agent from exercising on its own
behalf the rights and remedies that inure to its benefit (solely in its capacity as Agent) hereunder and under the other Loan Documents, (b) each of the L/C Issuers and the Swingline Lender from exercising the rights and remedies that inure to
its benefit (solely in its capacity as L/C Issuer or Swingline Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in accordance with Section 9.11 or (d) any
Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Credit Party under any bankruptcy or other debtor relief law; and provided further that if at any time there
is no Person acting as Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights otherwise ascribed to the Agent pursuant to Section 7.2 and (ii) in addition to the matters set
forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 9.11, any Lender may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized
by the Required Lenders. 
 8.4 Delegation of Rights and Duties. Agent may, upon any term or condition it specifies,
delegate or exercise any of its rights, powers and remedies under, and delegate or perform any of its duties or any other action with respect to, any Loan Document by or through any trustee, co-agent, employee, attorney-in-fact and any other Person
(including any Secured Party). Any such Person shall benefit from this Article VIII to the extent provided by Agent. 

8.5 Reliance and Liability. 
 (a) Agent may, without incurring any liability hereunder, (i) treat the payee of any Note as its holder until such Note has been assigned in accordance with Section 9.9, (ii) rely on
the Register to the extent set forth in Section 1.4, (iii) consult with any of its Related Persons and, whether or not selected by it, any other advisors, accountants and other experts (including advisors to, and accountants and
experts engaged by, any Credit Party) and (iv) rely and act upon any document and information (including those transmitted by Electronic Transmission) and any 

  
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telephone message or conversation, in each case believed by it to be genuine and transmitted, signed or otherwise authenticated by the appropriate parties. 

(b) None of Agent and its Related Persons shall be liable for any action taken or omitted to be taken by any of them under or in
connection with any Loan Document, and each Secured Party, Partnership, each Borrower and each other Credit Party hereby waive and shall not assert (and each of Partnership and Borrowers shall cause each other Credit Party to waive and agree not to
assert) any right, claim or cause of action based thereon, except to the extent of liabilities resulting primarily from the gross negligence or willful misconduct of Agent or, as the case may be, such Related Person (each as determined in a final,
non-appealable judgment by a court of competent jurisdiction) in connection with the duties expressly set forth herein. Without limiting the foregoing, Agent: 
 (i) shall not be responsible or otherwise incur liability for any action or omission taken in reliance upon the instructions of the Required Lenders or for the actions or omissions of any of its Related
Persons selected with reasonable care (other than employees, officers and directors of Agent, when acting on behalf of Agent); 
 (ii) shall not be responsible to any Lender, L/C Issuer or other Person for the due execution, legality, validity, enforceability, effectiveness, genuineness, sufficiency or value of, or the attachment,
perfection or priority of any Lien created or purported to be created under or in connection with, any Loan Document; 
 (iii) makes no warranty or representation, and shall not be responsible, to any Lender, L/C Issuer or other Person for any statement, document, information, representation or warranty made or furnished by
or on behalf of any Credit Party or any Related Person of any Credit Party in connection with any Loan Document or any transaction contemplated therein or any other document or information with respect to any Credit Party, whether or not transmitted
or (except for documents expressly required under any Loan Document to be transmitted to the Lenders) omitted to be transmitted by Agent, including as to completeness, accuracy, scope or adequacy thereof, or for the scope, nature or results of any
due diligence performed by Agent in connection with the Loan Documents; and 
 (iv) shall not have any duty to
ascertain or to inquire as to the performance or observance of any provision of any Loan Document, whether any condition set forth in any Loan Document is satisfied or waived, as to the financial condition of any Credit Party or as to the existence
or continuation or possible occurrence or continuation of any Default or Event of Default and shall not be deemed to have notice or knowledge of such occurrence or continuation unless it has received a notice from Borrower Representative, any Lender
or L/C Issuer describing such Default or Event of Default clearly labeled “notice of default” (in which case Agent shall promptly give notice of such receipt to all Lenders); 
 and, for each of the items set forth in clauses (i) through (iv) above, each Lender, L/C Issuer, Partnership and each Borrower hereby waives and agrees not to assert (and each of
Partnership 

  
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and each Borrower shall cause each other Credit Party to waive and agree not to assert) any right, claim or cause of action it might have against Agent based thereon. 

8.6 Agent Individually. Agent and its Affiliates may make loans and other extensions of credit to, acquire Stock and Stock
Equivalents of, engage in any kind of business with, any Credit Party or Affiliate thereof as though it were not acting as Agent and may receive separate fees and other payments therefor. To the extent Agent or any of its Affiliates makes any Loan
or otherwise becomes a Lender hereunder, it shall have and may exercise the same rights and powers hereunder and shall be subject to the same obligations and liabilities as any other Lender and the terms “Lender”, “Term Lender”,
“Revolving Lender”, “CAPEX Lender”, “Required Lender”, “Required Revolving Lender”, “Required CAPEX Lender”, “Supermajority Lenders” and any similar terms shall, except where otherwise
expressly provided in any Loan Document, include, without limitation, Agent or such Affiliate, as the case may be, in its individual capacity as Lender, Term Lender, Revolving Lender, CAPEX Lender or as one of the Required Lenders, Required
Revolving Lenders, Required CAPEX Lenders or Supermajority Lenders, respectively. 
 8.7 Lender Credit Decision.

 (a) Each Lender and each L/C Issuer acknowledges that it shall, independently and without reliance upon Agent, any Lender or
L/C Issuer or any of their Related Persons or upon any document (including any offering and disclosure materials in connection with the syndication of the Loans) solely or in part because such document was transmitted by Agent or any of its Related
Persons, conduct its own independent investigation of the financial condition and affairs of each Credit Party and make and continue to make its own credit decisions in connection with entering into, and taking or not taking any action under, any
Loan Document or with respect to any transaction contemplated in any Loan Document, in each case based on such documents and information as it shall deem appropriate. Except for documents expressly required by any Loan Document to be transmitted by
Agent to the Lenders or L/C Issuers, Agent shall not have any duty or responsibility to provide any Lender or L/C Issuer with any credit or other information concerning the business, prospects, operations, Property, financial and other condition or
creditworthiness of any Credit Party or any Affiliate of any Credit Party that may come in to the possession of Agent or any of its Related Persons. 
 (b) If any Lender or L/C Issuer has elected to abstain from receiving MNPI concerning the Credit Parties or their Affiliates, such Lender or L/C Issuer acknowledges that, notwithstanding such election,
Agent or the Credit Parties will, from time to time, make available syndicate-information (which may contain MNPI) as required by the terms of, or in the course of administering the Loans to the credit contact(s) identified for receipt of such
information on the Lender’s administrative questionnaire who are able to receive and use all syndicate-level information (which may contain MNPI) in accordance with such Lender’s compliance policies and contractual obligations and
applicable law, including federal and state securities laws; provided, that if such contact is not so identified in such questionnaire, the relevant Lender or L/C Issuer hereby agrees to promptly (and in any event within one (1) Business Day)
provide such a contact to Agent and the Credit Parties upon request therefor by Agent or the Credit Parties. Notwithstanding such Lender’s or L/C Issuer’s election to abstain from receiving MNPI, such Lender or L/C Issuer acknowledges that
if such Lender or L/C Issuer 

  
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chooses to communicate with Agent, it assumes the risk of receiving MNPI concerning the Credit Parties or their Affiliates. 

8.8 Expenses; Indemnities. 
 (a) Each Lender agrees to reimburse Agent and each of its Related Persons (to the extent not reimbursed by any Credit Party) promptly upon demand, severally and ratably, for any costs and expenses
(including fees, charges and disbursements of financial, legal and other advisors and Other Taxes paid in the name of, or on behalf of, any Credit Party) that may be incurred by Agent or any of its Related Persons in connection with the preparation,
syndication, execution, delivery, administration, modification, consent, waiver or enforcement of, or the taking of any other action (whether through negotiations, through any work-out, bankruptcy, restructuring or other legal or other proceeding or
otherwise) of, or legal advice in respect of its rights or responsibilities under, any Loan Document. 
 (b) Each Lender further
agrees to indemnify Agent and each of its Related Persons (to the extent not reimbursed by any Credit Party), severally and ratably, from and against Liabilities (including, to the extent not indemnified pursuant to Section 8.8(c),
taxes, interests and penalties imposed for not properly withholding or backup withholding on payments made to or for the account of any Lender) that may be imposed on, incurred by or asserted against Agent or any of its Related Persons in any matter
relating to or arising out of, in connection with or as a result of any Loan Document, any Related Agreement, any Contribution and Conversion Agreement or any other act, event or transaction related, contemplated in or attendant to any such
document, or, in each case, any action taken or omitted to be taken by Agent or any of its Related Persons under or with respect to any of the foregoing; provided, however, that no Lender shall be liable to Agent or any of its Related Persons to the
extent such liability has resulted primarily from the gross negligence or willful misconduct of Agent or, as the case may be, such Related Person, as determined by a court of competent jurisdiction in a final non-appealable judgment or order.

 (c) To the extent required by any applicable law, Agent may withhold from any payment to any Lender under a Loan Document an
amount equal to any applicable withholding tax. If the Internal Revenue Service or any other Governmental Authority asserts a claim that Agent did not properly withhold tax from amounts paid to or for the account of any Lender (because the
appropriate certification form was not delivered, was not properly executed, or fails to establish an exemption from, or reduction of, withholding tax with respect to a particular type of payment, or because such Lender failed to notify Agent or any
other Person of a change in circumstances which rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason), or Agent reasonably determines that it was required to withhold taxes from a prior payment but
failed to do so, such Lender shall promptly indemnify Agent fully for all amounts paid, directly or indirectly, by Agent as tax or otherwise, including penalties and interest, and together with all expenses incurred by Agent, including legal
expenses, allocated internal costs and out-of-pocket expenses. Agent may offset against any payment to any Lender under a Loan Document, any applicable withholding tax that was required to be withheld from any prior payment to such Lender but which
was not so withheld, as well as any other amounts for which Agent is entitled to indemnification from such Lender under this Section 8.8(c). 

  
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 8.9 Resignation of Agent or L/C Issuer. 

(a) Agent may resign at any time by delivering notice of such resignation to the Lenders and Borrower Representative, effective on the
date set forth in such notice or, if no such date is set forth therein, upon the date such notice shall be effective. If Agent delivers any such notice, the Required Lenders shall have the right to appoint a successor Agent subject to the last
sentence of this clause (a). If, within 30 days after the retiring Agent having given notice of resignation, no successor Agent has been appointed by the Required Lenders that has accepted such appointment, then the retiring Agent may, on
behalf of the Lenders, appoint a successor Agent from among the Lenders. Each appointment under this clause (a) shall be subject to the prior consent of Borrower Representative, which may not be unreasonably withheld but shall not be
required during the continuance of an Event of Default. 
 (b) Effective immediately upon its resignation, (i) the retiring
Agent shall be discharged from its duties and obligations under the Loan Documents, (ii) the Lenders shall assume and perform all of the duties of Agent until a successor Agent shall have accepted a valid appointment hereunder, (iii) the
retiring Agent and its Related Persons shall no longer have the benefit of any provision of any Loan Document other than with respect to any actions taken or omitted to be taken while such retiring Agent was, or because such Agent had been, validly
acting as Agent under the Loan Documents and (iv) subject to its rights under Section 8.3, the retiring Agent shall take such action as may be reasonably necessary to assign to the successor Agent its rights as Agent under the Loan
Documents. Effective immediately upon its acceptance of a valid appointment as Agent, a successor Agent shall succeed to, and become vested with, all the rights, powers, privileges and duties of the retiring Agent under the Loan Documents.

 (c) Any L/C Issuer may resign at any time by delivering notice of such resignation to Agent, effective on the date set forth
in such notice or, if no such date is set forth therein, on the date such notice shall be effective. Upon such resignation, the L/C Issuer shall remain an L/C Issuer and shall retain its rights and obligations in its capacity as such (other than any
obligation to Issue Letters of Credit but including the right to receive fees or to have Lenders participate in any L/C Reimbursement Obligation thereof) with respect to Letters of Credit Issued by such L/C Issuer prior to the date of such
resignation and shall otherwise be discharged from all other duties and obligations under the Loan Documents. 
 8.10 Release
of Collateral or Guarantors. Each Lender and L/C Issuer hereby consents to the release and hereby directs Agent to release (or, in the case of clause (b)(ii) below, release or subordinate) the following: 

(a) any Subsidiary of Borrower Representative from its guaranty of any Obligation if all of the Stock and Stock Equivalents of such
Subsidiary owned by any Credit Party are sold or transferred in a transaction permitted under the Loan Documents (including pursuant to a waiver or consent), to the extent that, after giving effect to such transaction, such Subsidiary would not be
required to guaranty any Obligations pursuant to Section 4.13; and 
 (b) any Lien held by Agent for the benefit of
the Secured Parties against (i) any Collateral that is sold, transferred, conveyed or otherwise disposed of by a Credit Party in a transaction permitted by the Loan Documents (including pursuant to a valid waiver or consent),

  
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to the extent all Liens required to be granted in such Collateral pursuant to Section 4.13 after giving effect to such transaction have been granted, (ii) any Property subject to
a Lien permitted hereunder in reliance upon Section 5.1(h) or 5.1(i), and (iii) all of the Collateral and all Credit Parties, upon (A) termination of the Revolving Loan Commitments and the CAPEX Loan Commitments,
(B) payment and satisfaction in full of all Loans, all L/C Reimbursement Obligations and all other Obligations under the Loan Documents and all Obligations arising under Secured Rate Contracts, that Agent has theretofore been notified in
writing by the holder of such Obligation are then due and payable, (C) deposit of cash collateral with respect to all contingent Obligations (or, as an alternative to cash collateral, in the case of any Letter of Credit Obligation, receipt by
Agent of a back-up letter of credit) in amounts and on terms and conditions and with parties satisfactory to Agent and each Indemnitee that is, or may be, owed such Obligations (excluding contingent Obligations (other than L/C Reimbursement
Obligations) as to which no claim has been asserted) and (D) to the extent requested by Agent, receipt by Agent and the Secured Parties of liability releases from the Credit Parties each in form and substance acceptable to Agent. 

Each Lender and L/C Issuer hereby directs Agent, and Agent hereby agrees, upon receipt of reasonable advance notice from Borrower Representative, to
execute and deliver or file such documents and to perform other actions reasonably necessary to release the guaranties and Liens when and as directed in this Section 8.10. 

8.11 Additional Secured Parties. The benefit of the provisions of the Loan Documents directly relating to the Collateral or any
Lien granted thereunder shall extend to and be available to any Secured Party that is not a Lender or L/C Issuer party hereto as long as, by accepting such benefits, such Secured Party agrees, as among Agent and all other Secured Parties, that such
Secured Party is bound by (and, if requested by Agent, shall confirm such agreement in a writing in form and substance acceptable to Agent) this Article VIII, and Sections 9.3, 9.9, 9.10, 9.11, 9.17, 9.24 and 10.1 (and, solely
with respect to L/C Issuers, Section 1.1(b)) and the decisions and actions of Agent and the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders or other parties hereto as
required herein) to the same extent a Lender is bound; provided, however, that, notwithstanding the foregoing, (a) such Secured Party shall be bound by Section 8.8 only to the extent of Liabilities, costs and expenses with respect
to or otherwise relating to the Collateral held for the benefit of such Secured Party, in which case the obligations of such Secured Party thereunder shall not be limited by any concept of pro rata share or similar concept, (b) each of Agent,
the Lenders and the L/C Issuers party hereto shall be entitled to act at its sole discretion, without regard to the interest of such Secured Party, regardless of whether any Obligation to such Secured Party thereafter remains outstanding, is
deprived of the benefit of the Collateral, becomes unsecured or is otherwise affected or put in jeopardy thereby, and without any duty or liability to such Secured Party or any such Obligation and (c) except as otherwise set forth herein, such
Secured Party shall not have any right to be notified of, consent to, direct, require or be heard with respect to, any action taken or omitted in respect of the Collateral or under any Loan Document. 

8.12 Documentation Agent and Syndication Agent. Notwithstanding any provision to the contrary contained elsewhere in this
Agreement or in any other Loan Document, no Person having the title of documentation agent or syndication agent shall have any duties or 

  
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responsibilities, nor shall such Person have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or
liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against such Person. At any time that any Lender serving (or whose Affiliate is serving) as documentation agent or syndication agent shall have transferred
to any other Person (other than any Affiliates) all of its interests in the Loans and the Revolving Loan Commitment, such Lender (or an Affiliate of such Lender acting as documentation agent or syndication agent) shall be deemed to have concurrently
resigned as such documentation agent or syndication agent. 
 ARTICLE IX - 

MISCELLANEOUS 
 9.1 Amendments and Waivers. 
 (a) No amendment or waiver of any provision
of this Agreement or any other Loan Document, and no consent with respect to any departure by any Credit Party therefrom, shall be effective unless the same shall be in writing and signed by the Agent, the Required Lenders (or by Agent with the
consent of the Required Lenders), and Borrowers and then such waiver shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that no such waiver, amendment, or consent shall, unless in
writing and signed by all the Lenders directly affected thereby (or by Agent with the consent of all the Lenders directly affected thereby), in addition to Agent, the Required Lenders (or by Agent with the consent of the Required Lenders) and
Borrowers, do any of the following: 
 (i) increase or extend the Commitment of any Lender (or reinstate any
Commitment terminated pursuant to Section 7.2(a)); 
 (ii) postpone or delay any date fixed for, or
reduce or waive, any scheduled installment of principal or any payment of interest, fees or other amounts (other than principal) due to the Lenders (or any of them) or L/C Issuer hereunder or under any other Loan Document (for the avoidance of
doubt, mandatory prepayments pursuant to Section 1.8 (other than scheduled installments under Sections 1.8(a) and 1.8(b)) may be postponed, delayed, reduced, waived or modified with the consent of Required Lenders); 

(iii) reduce the principal of, or the rate of interest specified herein (it being agreed that waiver of the default
interest margin shall only require the consent of Required Lenders) or the amount of interest payable in cash specified herein on any Loan, or of any fees or other amounts payable hereunder or under any other Loan Document, including L/C
Reimbursement Obligations; 
 (iv) amend or modify Section 1.10(c); 

(v) change the percentage of the Commitments or of the aggregate unpaid principal amount of the Loans which shall be
required for the Lenders or any of them to take any action hereunder; 

  
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 (vi) amend or waive this Section 9.1 (other than Sections
9.1(c) and 9.1(d)) or, subject to the terms of this Agreement, the definitions of “Required Lenders,” “Required Revolving Lenders,” “Required CAPEX Lenders” or “Supermajority Lenders” or any
provision providing for consent or other action by all Lenders; or 
 (vii) discharge or release any Credit Party
from its respective payment Obligations under the Loan Documents, or release all or substantially all of the Collateral, except as otherwise may be provided in this Agreement or the other Loan Documents; 

it being agreed that all Lenders shall be deemed to be directly affected by an amendment or waiver of the type described in the preceding
clauses (v), (vi) and (vii). 
 (b) No amendment, waiver or consent shall, unless in writing and signed by
Agent, the Swingline Lender or the L/C Issuer, as the case may be, in addition to the Required Lenders or all Lenders directly affected thereby, as the case may be (or by Agent with the consent of the Required Lenders or all the Lenders directly
affected thereby, as the case may be), affect the rights or duties of Agent, the Swingline Lender or the L/C Issuer, as applicable, under this Agreement or any other Loan Document. No amendment, modification or waiver of this Agreement or any Loan
Document altering the ratable treatment of Obligations arising under Secured Rate Contracts resulting in such Obligations being junior in right of payment to principal on the Loans or resulting in Obligations owing to any Secured Swap Provider
becoming unsecured (other than releases of Liens permitted in accordance with the terms hereof), in each case in a manner adverse to any Secured Swap Provider, shall be effective without the written consent of such Secured Swap Provider or, in the
case of a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, GE Capital. 
 (c) No
amendment or waiver shall, unless signed by Agent and Required Revolving Lenders (or by Agent with the consent of Required Revolving Lenders): (i) amend or waive compliance with the conditions precedent to the obligations of Lenders to make any
Revolving Loan (or of any L/C Issuer to issue any Letter of Credit) in Section 2.2; or (ii) waive any Default or Event of Default for the sole purpose of satisfying the conditions precedent to the obligations of Lenders to make any
Revolving Loan (or of any L/C Issuer to issue any Letter of Credit) in Section 2.2. 
 (d) No amendment or waiver
shall, unless signed by Agent and Required CAPEX Lenders (or by Agent with the consent of Required CAPEX Lenders): (i) amend or waive compliance with the conditions precedent to the obligations of Lenders to make any CAPEX Loan in
Section 2.2; or (ii) waive any Default or Event of Default for the sole purpose of satisfying the conditions precedent to the obligations of Lenders to make any CAPEX Loan in Section 2.2. 

(e) Notwithstanding anything to the contrary contained in this Section 9.1, (x) Borrowers may amend Schedule
3.9 to reflect any modification to the list of Owned Real Estate or Leased Real Estate or Schedules 3.19 or 3.21, in each case upon notice to Agent, (y) Agent may amend Schedules 1.1(a) and
1.1(b) to reflect Incremental Term Loans and Sales entered into pursuant to Section 9.9, and (z) Agent and Borrowers may amend or modify this Agreement 

  
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and any other Loan Document to (1) cure any ambiguity, omission, defect or inconsistency therein, (2) grant a new Lien for the benefit of the Secured Parties, extend an existing Lien
over additional Property for the benefit of the Secured Parties or join additional Persons as Credit Parties, or (3) add one or more Incremental Term Loans to this Agreement pursuant to Section 1.1(f) and to permit the extensions of
credit from time to time outstanding thereunder and the accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement and the other Loan Documents with the other Loans and the accrued interest and fees in respect
thereof (other than as expressly set forth in Section 1.1(f)(iv)) and to include the Lenders holding Term Loans in any determination of the Required Lenders ratably according to their Commitments. 

9.2 Notices. 
 (a) Addresses. All notices, demands, requests, directions and other communications required or expressly authorized to be made by this Agreement shall be given in writing, unless otherwise
expressly specified herein, and (i) addressed to the address set forth on the applicable signature page hereto, (ii) posted to SyndTrak® (to the extent such system is available and set up by or at the direction of Agent prior to
posting) in an appropriate location by uploading such notice, demand, request, direction or other communication to www.SyndTrak.com or using such other means of posting to SyndTrak® as may be available and reasonably acceptable to Agent
prior to such posting, (iii) posted to any other E-System approved by or set up by or at the direction of Agent or (iv) addressed to such other address as shall be notified in writing (A) in the case of Borrowers, Agent and the
Swingline Lender, to the other parties hereto and (B) in the case of all other parties, to Borrower Representative and Agent. Transmissions made by electronic mail or E-Fax to Agent shall be effective only (x) for notices where such
transmission is specifically authorized by this Agreement, (y) if such transmission is delivered in compliance with procedures of Agent applicable at the time and previously communicated to Borrower Representative, and (z) if receipt of
such transmission is acknowledged by Agent. 
 (b) Effectiveness. (i) All communications described in clause
(a) above and all other notices, demands, requests and other communications made in connection with this Agreement shall be effective and be deemed to have been received (i) if delivered by hand, upon personal delivery, (ii) if
delivered by overnight courier service, one (1) Business Day after delivery to such courier service, (iii) if delivered by mail, three (3) Business Days after deposit in the mail, (iv) if delivered by facsimile (other than to
post to an E-System pursuant to clause (a)(ii) or (a)(iii) above), upon sender’s receipt of confirmation of proper transmission, and (v) if delivered by posting to any E-System, on the later of the Business Day of such
posting and the Business Day access to such posting is given to the recipient thereof in accordance with the standard procedures applicable to such E-System; provided, however, that no communications to Agent pursuant to Article I
shall be effective until received by Agent. 
 (ii) The posting, completion or submission by any Credit Party of
any communication pursuant to an E-System shall constitute a representation and warranty by the Credit Parties that any representation, warranty, certification or other similar statement required by the Loan Documents to be provided, given or made
by a Credit 

  
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Party in connection with any such communication is true, correct and complete except as expressly noted in such communication or E-System. 

(c) Each Lender shall notify Agent in writing of any changes in the address to which notices to such Lender should be directed, of
addresses of its Lending Office, of payment instructions in respect of all payments to be made to it hereunder and of such other administrative information as Agent shall reasonably request. 

9.3 Electronic Transmissions. 
 (a) Authorization. Subject to the provisions of Section 9.2(a), each of Agent, Lenders, each Credit Party and each of their Related Persons, is authorized (but not required) to
transmit, post or otherwise make or communicate, in its sole discretion, Electronic Transmissions in connection with any Loan Document and the transactions contemplated therein. Each Credit Party and each Secured Party hereto acknowledges and agrees
that the use of Electronic Transmissions is not necessarily secure and that there are risks associated with such use, including risks of interception, disclosure and abuse and each indicates it assumes and accepts such risks by hereby authorizing
the transmission of Electronic Transmissions. 
 (b) Signatures. Subject to the provisions of Section 9.2(a),
(i)(A) no posting to any E-System shall be denied legal effect merely because it is made electronically, (B) each E Signature on any such posting shall be deemed sufficient to satisfy any requirement for a “signature” and
(C) each such posting shall be deemed sufficient to satisfy any requirement for a “writing”, in each case including pursuant to any Loan Document, any applicable provision of any UCC, the federal Uniform Electronic Transactions Act,
the Electronic Signatures in Global and National Commerce Act and any substantive or procedural Requirement of Law governing such subject matter, (ii) each such posting that is not readily capable of bearing either a signature or a reproduction
of a signature may be signed, and shall be deemed signed, by attaching to, or logically associating with such posting, an E-Signature, upon which Agent, each other Secured Party and each Credit Party may rely and assume the authenticity thereof,
(iii) each such posting containing a signature, a reproduction of a signature or an E-Signature shall, for all intents and purposes, have the same effect and weight as a signed paper original and (iv) each party hereto or beneficiary
hereto agrees not to contest the validity or enforceability of any posting on any E-System or E-Signature on any such posting under the provisions of any applicable Requirement of Law requiring certain documents to be in writing or signed;
provided, however, that nothing herein shall limit such party’s or beneficiary’s right to contest whether any posting to any E-System or E-Signature has been altered after transmission. 

(c) Separate Agreements. All uses of an E-System shall be governed by and subject to, in addition to Section 9.2 and
this Section 9.3, the separate terms, conditions and privacy policy posted or referenced in such E-System (or such terms, conditions and privacy policy as may be updated from time to time, including on such E-System) and related
Contractual Obligations executed by Agent and Credit Parties in connection with the use of such E-System. 
 (d) LIMITATION
OF LIABILITY. ALL E-SYSTEMS AND ELECTRONIC TRANSMISSIONS SHALL BE PROVIDED “AS IS” AND “AS AVAILABLE”. NONE OF 

  
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AGENT, ANY LENDER OR ANY OF THEIR RELATED PERSONS WARRANTS THE ACCURACY, ADEQUACY OR COMPLETENESS OF ANY E-SYSTEMS OR ELECTRONIC TRANSMISSION AND DISCLAIMS ALL LIABILITY FOR ERRORS OR OMISSIONS
THEREIN. NO WARRANTY OF ANY KIND IS MADE BY AGENT, ANY LENDER OR ANY OF THEIR RELATED PERSONS IN CONNECTION WITH ANY E SYSTEMS OR ELECTRONIC COMMUNICATION, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT
OF THIRD-PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS. Each of each Borrower, each other Credit Party executing this Agreement and each Secured Party agrees that Agent has no responsibility for maintaining or providing any equipment,
software, services or any testing required in connection with any Electronic Transmission or otherwise required for any E-System. 
 9.4 No Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of Agent or any Lender, any right, remedy, power or privilege hereunder, shall operate as a waiver
thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. No course of dealing between any
Credit Party, any Affiliate of any Credit Party, Agent or any Lender shall be effective to amend, modify or discharge any provision of this Agreement or any of the other Loan Documents. 

9.5 Costs and Expenses. Any action taken by any Credit Party under or with respect to any Loan Document, even if required under
any Loan Document or at the request of Agent or Required Lenders, shall be at the expense of such Credit Party, and neither Agent nor any other Secured Party shall be required under any Loan Document to reimburse any Credit Party or any Subsidiary
of any Credit Party therefor except as expressly provided therein. In addition, Borrowers agree to pay or reimburse upon demand (a) Agent for all reasonable out-of-pocket costs and expenses incurred by it or any of its Related Persons, in
connection with the investigation, development, preparation, negotiation, syndication, execution, interpretation or administration of, any modification of any term of or termination of, any Loan Document, any commitment or proposal letter therefor,
any other document prepared in connection therewith or the consummation and administration of any transaction contemplated therein, in each case including Attorney Costs of Agent, the cost of environmental audits, Collateral audits and appraisals,
background checks and similar expenses, to the extent permitted hereunder, (b) Agent for all reasonable costs and expenses incurred by it or any of its Related Persons in connection with internal audit reviews, field examinations and Collateral
examinations (which shall be reimbursed, in addition to the out-of-pocket costs and expenses of such examiners, at the per diem rate per individual charged by Agent for its examiners), (c) each of Agent, its Related Persons, and L/C Issuer for
all costs and expenses incurred in connection with (i) any refinancing or restructuring of the credit arrangements provided hereunder in the nature of a “work-out”, (ii) the enforcement or preservation of any right or remedy
under any Loan Document, any Obligation, with respect to the Collateral or any other related right or remedy or (iii) the commencement, defense, conduct of, intervention in, or the taking of any other action with respect to, any proceeding
(including any bankruptcy or insolvency proceeding) related to any Credit Party, any Subsidiary of any Credit Party, Loan Document, Obligation, Related Agreement or Contribution and Conversion Agreement (or the response to and preparation for any
subpoena or request for document production relating thereto), including Attorney Costs and 

  
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(d) fees and disbursements of Attorney Costs of one law firm on behalf of all Lenders (other than Agent) incurred in connection with any of the matters referred to in clause
(c) above. 
 9.6 Indemnity. 
 (a) Each Credit Party agrees to indemnify, hold harmless and defend Agent, each Lender, each L/C Issuer and each of their respective Related Persons (each such Person being an
“Indemnitee”) from and against all Liabilities (including brokerage commissions, fees and other compensation) that may be imposed on, incurred by or asserted against any such Indemnitee in any matter relating to or arising out of,
in connection with or as a result of (i) any Loan Document, any Related Agreement, any Contribution and Conversion Agreement, any Obligation (or the repayment thereof), any Letter of Credit, the use or intended use of the proceeds of any Loan
or the use of any Letter of Credit or any securities filing of, or with respect to, any Credit Party, (ii) any commitment letter, proposal letter or term sheet with any Person or any Contractual Obligation, arrangement or understanding with any
broker, finder or consultant, in each case entered into by or on behalf of any Credit Party or any Affiliate of any of them in connection with any of the foregoing and any Contractual Obligation entered into in connection with any E-Systems or other
Electronic Transmissions, (iii) any actual or prospective investigation, litigation or other proceeding in connection with any of the foregoing, whether or not brought by any such Indemnitee or any of its Related Persons, any holders of
securities or creditors (and including attorneys’ fees in any case), whether or not any such Indemnitee, Related Person, holder or creditor is a party thereto, and whether or not based on any securities or commercial law or regulation or any
other Requirement of Law or theory thereof, including common law, equity, contract, tort or otherwise or (iv) any other act, event or transaction related, contemplated in or attendant to any of the foregoing (collectively, the
“Indemnified Matters”); provided, however, that no Credit Party shall have any liability under this Section 9.6 to any Indemnitee with respect to any Indemnified Matter, and no Indemnitee shall have any liability
with respect to any Indemnified Matter other than (to the extent otherwise liable), to the extent such liability (x) has resulted primarily from the gross negligence or willful misconduct of such Indemnitee, as determined by a court of
competent jurisdiction in a final non-appealable judgment or order or (y) arises from claims of any of the Indemnitees solely against one or more Indemnitees (other than claims by or against an Indemnitee in its capacity as Agent) that have not
resulted from the action, inaction, participation or contribution of any Credit Party or any Affiliates of the foregoing or any of their respective officers, directors, stockholders, partners, members, employees, agents, representatives or advisors.
Furthermore, each Borrower and each other Credit Party executing this Agreement waives and agrees not to assert against any Indemnitee, and shall cause each other Credit Party to waive and not assert against any Indemnitee, any right of contribution
with respect to any Liabilities that may be imposed on, incurred by or asserted against any Related Person. For the avoidance of doubt, Section 10.1 and not this Section 9.6(a) shall govern indemnities with respect to Taxes.

 (b) Without limiting the foregoing, “Indemnified Matters” includes all Environmental Liabilities imposed on,
incurred by or asserted against any Indemnitee, including those arising from, or otherwise involving, any Property of any Credit Party or any Related Person of any Credit Party or any actual, alleged or prospective damage to Property or natural
resources or harm or injury alleged to have resulted from any Release of Hazardous Materials on, upon or into such Property or natural resource or any Property on or contiguous to any Real 

  
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Estate of any Credit Party or any Related Person of any Credit Party, whether or not, with respect to any such Environmental Liabilities, any Indemnitee is a mortgagee pursuant to any leasehold
mortgage, a mortgagee in possession, the successor-in-interest to any Credit Party or any Related Person of any Credit Party or the owner, lessee or operator of any Property of any Related Person through any foreclosure action, in each case except
to the extent such Environmental Liabilities (i) are incurred solely following foreclosure by Agent or following Agent or any Lender having become the successor-in-interest to any Credit Party or any Related Person of any Credit Party and
(ii) are attributable solely to acts of such Indemnitee. 
 9.7 Marshaling; Payments Set Aside. No Secured Party
shall be under any obligation to marshal any Property in favor of any Credit Party or any other Person or against or in payment of any Obligation. To the extent that any Secured Party receives a payment from any Borrower, from any other Credit
Party, from the proceeds of the Collateral, from the exercise of its rights of setoff, any enforcement action or otherwise, and such payment is subsequently, in whole or in part, invalidated, declared to be fraudulent or preferential, set aside or
required to be repaid to a trustee, receiver or any other party, then to the extent of such recovery, the obligation or part thereof originally intended to be satisfied, and all Liens, rights and remedies therefor, shall be revived and continued in
full force and effect as if such payment had not occurred. 
 9.8 Successors and Assigns. The provisions of this
Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided that any assignment by any Lender shall be subject to the provisions of Section 9.9, and provided
further that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender. 
 9.9 Assignments and Participations; Binding Effect. 
 (a) Binding
Effect. This Agreement shall become effective when it shall have been executed by Partnership, Borrowers, the other Credit Parties signatory hereto and Agent and when Agent shall have been notified by each Lender that such Lender has executed
it. Thereafter, it shall be binding upon and inure to the benefit of, but only to the benefit of, Partnership, Borrowers, the other Credit Parties hereto (in each case except for Article VIII), Agent, each Lender and each L/C Issuer receiving
the benefits of the Loan Documents and, to the extent provided in Section 8.11, each other Secured Party and, in each case, their respective successors and permitted assigns. Except as expressly provided in any Loan Document (including
in Section 8.9), none of Partnership, any Borrower, any other Credit Party, any L/C Issuer or Agent shall have the right to assign any rights or obligations hereunder or any interest herein. 

(b) Right to Assign. Each Lender may sell, transfer, negotiate or assign (a “Sale”) all or a portion of its
rights and obligations hereunder (including all or a portion of its Commitments and its rights and obligations with respect to Loans and Letters of Credit) to (i) any existing Lender (other than a Non-Funding Lender or Impacted Lender),
(ii) any Affiliate or Approved Fund of any existing Lender (other than a Non-Funding Lender or Impacted Lender)or (iii) any other Person acceptable (which acceptance shall not be unreasonably withheld or delayed) to Agent and, as long as
no Event of Default is continuing, Borrower Representative, and, in the case of any Sale of a Revolving Loan, Letter of Credit or Revolving Loan 

  
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Commitment, the Agent and each L/C Issuer that is a Lender, (which acceptances of L/C Issuer and Borrower Representative shall be deemed to have been given unless an objection is delivered to
Agent within five (5) Business Days after notice of a proposed Sale is delivered to Borrower Representative); provided, however, that (w) such Sales must be ratable among the obligations owing to and owed by such Lender with
respect to the Revolving Loans and the Term Loans, (x) for each Loan, the aggregate outstanding principal amount (determined as of the effective date of the applicable Assignment) of the Loans, Commitments and Letter of Credit Obligations
subject to any such Sale shall be in a minimum amount of $1,000,000, unless such Sale is made to an existing Lender or an Affiliate or Approved Fund of any existing Lender, is of the assignor’s (together with its Affiliates and Approved Funds)
entire interest in such facility or is made with the prior consent of Borrower Representative (to the extent Borrower Representative’s consent is otherwise required) and Agent, (y) interest accrued prior to and through the date of any such
Sale may not be assigned, and (z) such Sales by Lenders who are Non-Funding Lenders due to clause (a) of the definition of Non-Funding Lender shall be subject to Agent’s prior written consent in all instances, unless in
connection with such sale, such Non-Funding Lender cures, or causes the cure of, its Non-Funding Lender status as contemplated in Section 1.11(e)(v). Agent’s refusal to accept a Sale to a Credit Party, an Affiliate of a Credit
Party, a holder of Subordinated Indebtedness or an Affiliate of such a holder, or to a Person that would be a Non-Funding Lender or an Impacted Lender, or the imposition of conditions or limitations (including limitations on voting) upon Sales to
such Persons, shall not be deemed to be unreasonable. 
 (c) Procedure. The parties to each Sale made in reliance on
clause (b) above (other than those described in clause (e) or (f) below) shall execute and deliver to Agent an Assignment via an electronic settlement system designated by Agent (or, if previously agreed with
Agent, via a manual execution and delivery of the Assignment) evidencing such Sale, together with any existing Note subject to such Sale (or any affidavit of loss therefor acceptable to Agent), any tax forms required to be delivered pursuant to
Section 10.1 and payment of an assignment fee in the amount of $3,500 to Agent, unless waived or reduced by Agent; provided that (i) if a Sale by a Lender is made to an Affiliate or an Approved Fund of such assigning Lender,
then no assignment fee shall be due in connection with such Sale, and (ii) if a Sale by a Lender is made to an assignee that is not an Affiliate or Approved Fund of such assignor Lender, and concurrently to one or more Affiliates or Approved
Funds of such assignee Lender, then only one assignment fee of $3,500 shall be due in connection with such Sale (unless waived or reduced by Agent). Upon receipt of all the foregoing, and conditioned upon such receipt and, if such Assignment is made
in accordance with Section 9.9(b)(iii), upon Agent (and Borrower Representative, if applicable) consenting to such Assignment, from and after the effective date specified in such Assignment, Agent shall record or cause to be recorded in
the Register the information contained in such Assignment. 
 (d) Effectiveness. Subject to the recording of an
Assignment by Agent in the Register pursuant to Section 1.4(b), (i) the assignee thereunder shall become a party hereto and, to the extent that rights and obligations under the Loan Documents have been assigned to such assignee
pursuant to such Assignment, shall have the rights and obligations of a Lender, (ii) any applicable Note shall be transferred to such assignee through such entry and (iii) the assignor thereunder shall, to the extent that rights and
obligations under this Agreement have been assigned by it pursuant to such Assignment, relinquish its rights (except for those surviving the termination of the Commitments and the payment in full of the Obligations) and be released

  
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from its obligations under the Loan Documents, other than those relating to events or circumstances occurring prior to such assignment (and, in the case of an Assignment covering all or the
remaining portion of an assigning Lender’s rights and obligations under the Loan Documents, such Lender shall cease to be a party hereto). 
 (e) Grant of Security Interests. In addition to the other rights provided in this Section 9.9, each Lender may grant a security interest in, or otherwise assign as collateral, any of
its rights under this Agreement, whether now owned or hereafter acquired (including rights to payments of principal or interest on the Loans), to (A) any federal reserve bank (pursuant to Regulation A of the Federal Reserve Board), without
notice to Agent or (B) any holder of, or trustee for the benefit of the holders of, such Lender’s Indebtedness or equity securities, by notice to Agent; provided, however, that no such holder or trustee, whether because of
such grant or assignment or any foreclosure thereon (unless such foreclosure is made through an assignment in accordance with clause (b) above), shall be entitled to any rights of such Lender hereunder and no such Lender shall be relieved of
any of its obligations hereunder. 
 (f) Participants and SPVs. In addition to the other rights provided in this
Section 9.9, each Lender may, (x) with notice to Agent, grant to an SPV the option to make all or any part of any Loan that such Lender would otherwise be required to make hereunder (and the exercise of such option by such SPV and
the making of Loans pursuant thereto shall satisfy the obligation of such Lender to make such Loans hereunder) and such SPV may assign to such Lender the right to receive payment with respect to any Obligation and (y) without notice to or
consent from Agent or Borrowers, sell participations to one or more Persons (other than any Borrower or any of its respective Affiliates) in or to all or a portion of its rights and obligations under the Loan Documents (including all its rights and
obligations with respect to the Term Loans, Revolving Loans and Letters of Credit); provided, however, that, whether as a result of any term of any Loan Document or of such grant or participation, (i) no such SPV or participant
shall have a commitment, or be deemed to have made an offer to commit, to make Loans hereunder, and, except as provided in the applicable option agreement, none shall be liable for any obligation of such Lender hereunder, (ii) such
Lender’s rights and obligations, and the rights and obligations of the Credit Parties and the Secured Parties towards such Lender, under any Loan Document shall remain unchanged and each other party hereto shall continue to deal solely with
such Lender, which shall remain the holder of the Obligations in the Register, except that (A) each such participant and SPV shall be entitled to the benefit of Article X, but, with respect to Section 10.1, only to the extent
such participant or SPV delivers the tax forms such Lender is required to collect pursuant to Section 10.1(f) and then only to the extent of any amount to which such Lender would be entitled in the absence of any such grant or
participation and (B) each such SPV may receive other payments that would otherwise be made to such Lender with respect to Loans funded by such SPV to the extent provided in the applicable option agreement and set forth in a notice provided to
Agent by such SPV and such Lender, provided, however, that in no case (including pursuant to clause (A) or (B) above) shall an SPV or participant have the right to enforce any of the terms of any Loan Document,
and (iii) the consent of such SPV or participant shall not be required (either directly, as a restraint on such Lender’s ability to consent hereunder or otherwise) for any amendments, waivers or consents with respect to any Loan Document
or to exercise or refrain from exercising any powers or rights such Lender may have under or in respect of the Loan Documents (including the right to enforce or direct enforcement of the Obligations), except for those described in clauses
(ii) and (iii) of Section 9.1(a) with respect to 

  
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amounts, or dates fixed for payment of amounts, to which such participant or SPV would otherwise be entitled and, in the case of participants, except for those described in
Section 9.1(a)(vi). No party hereto shall institute (and each Borrower and Partnership shall cause each other Credit Party not to institute) against any SPV grantee of an option pursuant to this clause (f) any bankruptcy,
reorganization, insolvency, liquidation or similar proceeding, prior to the date that is one year and one day after the payment in full of all outstanding commercial paper of such SPV; provided, however, that each Lender having designated an
SPV as such agrees to indemnify each Indemnitee against any Liability that may be incurred by, or asserted against, such Indemnitee as a result of failing to institute such proceeding (including a failure to get reimbursed by such SPV for any such
Liability). The agreement in the preceding sentence shall survive the termination of the Commitments and the payment in full of the Obligations. Each Lender that sells a participation shall, acting solely for this purpose as an agent of Borrowers,
maintain a register on which it enters the name and address of each participant and the principal amounts (and stated interest) of each participant’s interest in the Commitments, Loans, Letters of Credit, Letter of Credit Obligations or other
obligations under the Loan Documents (the “Participant Register”); provided, that no Lender shall have any obligation to disclose all or any portion of a Participant Register (including the identity of any participant or any
information relating to a participant’s interest in any Commitments, Loans, Letters of Credit, Letter of Credit Obligations or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary
to establish that such Commitment, Loan, Letter of Credit, Letter of Credit Obligation or other obligation is in registered form under Section 5f.103-1(c) of the U.S. Treasury regulations. The entries in the Participant Registers shall be
conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary.

 9.10 Non-Public Information; Confidentiality. 

(a) Non-Public Information. Agent, each Lender and each L/C Issuer acknowledges and agrees that it may receive material non-public
information (“MNPI”) hereunder concerning the Credit Parties and their Affiliates and agrees to use such information in compliance with all relevant policies, procedures and applicable Requirements of Laws (including United States
federal and state securities laws and regulations). 
 (b) Confidential Information. Each Lender, each L/C Issuer and
Agent agrees to use all reasonable efforts to maintain, in accordance with its customary practices, the confidentiality of information obtained by it pursuant to any Loan Document and designated in writing by any Credit Party as confidential, except
that such information may be disclosed (i) with Borrower Representative’s consent, (ii) to Related Persons of such Lender, L/C Issuer or Agent, as the case may be, or to any Person that any L/C Issuer causes to Issue Letters of Credit
hereunder, that are advised of the confidential nature of such information and are instructed to keep such information confidential in accordance with the terms hereof, (iii) to the extent such information presently is or hereafter becomes
(A) publicly available other than as a result of a breach of this Section 9.10 or (B) available to such Lender, L/C Issuer or Agent or any of their Related Persons, as the case may be, from a source (other than any Credit
Party) not known by them to be subject to disclosure restrictions, (iv) to the extent disclosure is required by applicable Requirements of Law or other legal process or requested or demanded by any Governmental

  
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Authority, (v) to the extent necessary or customary for inclusion in league table measurements, (vi) (A) to the National Association of Insurance Commissioners
(“NAIC”), insurers, reinsurers or any similar organization, any examiner or any nationally recognized rating agency, (B) to the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP
numbers with respect to the Loans or (C) otherwise to the extent consisting of general portfolio information that does not identify Credit Parties, (vii) to current or prospective assignees, SPVs (including the investors or prospective
investors therein) or participants, direct or contractual counterparties to any Secured Rate Contracts or other swap agreements and to their respective Related Persons, in each case to the extent such assignees, investors, participants,
counterparties or Related Persons agree to be bound by provisions substantially similar to the provisions of this Section 9.10 (and such Person may disclose information to their respective Related Persons in accordance with clause
(ii) above), (viii) to any other party hereto, (ix) as required or requested by any regulatory authority purporting to have jurisdiction over such Lender or its Affiliates (including any self-regulatory authority, such as NAIC);
provided, unless prohibited by applicable law or court order, each Lender shall make reasonable efforts to notify the Borrower Representative of any request by such regulatory authority (other than any such request in connection with any
examination of the financial condition or other routine examination of such Lender by such regulatory authority) for disclosure of any such non-public information prior to the actual disclosure thereof; and (x) in connection with the exercise
or enforcement of any right or remedy under any Loan Document, in connection with any litigation or other proceeding to which such Lender, L/C Issuer or Agent or any of their Related Persons is a party or bound, or to the extent necessary to respond
to public statements or disclosures by Credit Parties or their Related Persons referring to a Lender, L/C Issuer or Agent or any of their Related Persons. In the event of any conflict between the terms of this Section 9.10 and those of
any other Contractual Obligation entered into with any Credit Party (whether or not a Loan Document), the terms of this Section 9.10 shall govern. Notwithstanding anything herein to the contrary, neither Agent, any Lender nor any L/C
Issuer shall be responsible or liable for damages arising from unauthorized use by others of information or other materials obtained through internet, electronic, telecommunications or other information transmission. 

(c) Tombstones. Each Credit Party consents to the publication by Agent or any Lender of advertising material relating to the
financing transactions contemplated by this Agreement using any Borrower’s or any other Credit Party’s name, product photographs, logo or trademark. Agent or such Lender shall provide a draft of any advertising material to Borrower
Representative for review and comment prior to the publication thereof. 
 (d) Press Release and Related Matters. No
Credit Party shall, and no Credit Party shall permit any of its Affiliates to, issue any press release or other public disclosure (other than any document filed with any Governmental Authority relating to a public offering of securities of any
Credit Party) using the name, logo or otherwise referring to GE Capital or of any of its Affiliates, the Loan Documents or any transaction contemplated therein to which Agent is party without the prior consent of GE Capital except to the extent
required to do so under applicable Requirements of Law and then, only after consulting with GE Capital. 
 (e) Distribution
of Materials to Lenders and L/C Issuers. The Credit Parties acknowledge and agree that the Loan Documents and all reports, notices, communications and other information or materials provided or delivered by, or on behalf of, the Credit Parties

  
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hereunder (collectively, the “Borrower Materials”) may be disseminated by, or on behalf of, Agent, and made available, to the Lenders and the L/C Issuers by posting such Borrower
Materials on an E-System. The Credit Parties authorize Agent to download copies of their logos from its website and post copies thereof on an E-System. 
 (f) Material Non-Public Information. The Credit Parties hereby agree that if either they, any parent company or any Subsidiary of the Credit Parties has publicly traded equity or debt securities in
the United States, they shall (and shall cause such parent company or Subsidiary, as the case may be, to) (i) identify in writing, and (ii) clearly and conspicuously mark such Borrower Materials that do not contain any such material
non-public information as “PUBLIC”. The Credit Parties agree that by identifying such Borrower Materials as “PUBLIC” or publicly filing such Borrower Materials with the Securities and Exchange Commission, then Agent, the Lenders
and the L/C Issuers shall be entitled to treat such Borrower Materials as not containing any MNPI for purposes of United States federal and state securities laws. The Credit Parties further represent, warrant, acknowledge and agree that the
following documents and materials shall be deemed to be PUBLIC, whether or not so marked, and do not contain any MNPI: (A) the Loan Documents, including the schedules and exhibits attached thereto, and (B) administrative materials of a
customary nature prepared by the Credit Parties or Agent (including, Notices of Borrowing, Notices of Conversion/Continuation, L/C Requests, Swingline Requests and any similar requests or notices posted on or through an E-System). Before
distribution of any Borrower Materials, the Credit Parties agree to execute and deliver to Agent a letter authorizing distribution of the evaluation materials to prospective Lenders and their employees willing to receive MNPI, and a separate letter
authorizing distribution of evaluation materials that do not contain MNPI and represent that no MNPI is contained therein. 

9.11 Set-off; Sharing of Payments. 
 (a) Right of Setoff. Each of Agent, each Lender, each L/C Issuer and each Affiliate (including each branch office thereof) of any of them is hereby authorized, without notice or demand (each of
which is hereby waived by each Credit Party), at any time and from time to time during the continuance of any Event of Default and to the fullest extent permitted by applicable Requirements of Law, to set off and apply any and all deposits (whether
general or special, time or demand, provisional or final) at any time held and other Indebtedness, claims or other obligations at any time owing by Agent, such Lender, such L/C Issuer or any of their respective Affiliates to or for the credit or the
account of Borrowers or any other Credit Party against any Obligation of any Credit Party now or hereafter existing, whether or not any demand was made under any Loan Document with respect to such Obligation and even though such Obligation may be
unmatured. No Lender or L/C Issuer shall exercise any such right of setoff without the prior consent of Agent or Required Lenders. Each of Agent, each Lender and each L/C Issuer agrees promptly to notify Borrower Representative and Agent after any
such setoff and application made by such Lender or its Affiliates; provided, however, that the failure to give such notice shall not affect the validity of such setoff and application. The rights under this Section 9.11 are in addition
to any other rights and remedies (including other rights of setoff) that Agent, the Lenders, the L/C Issuer, their Affiliates and the other Secured Parties, may have. 
 (b) Sharing of Payments, Etc. If any Lender, directly or through an Affiliate or branch office thereof, obtains any payment of any Obligation of any Credit Party (whether

  
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voluntary, involuntary or through the exercise of any right of setoff or the receipt of any Collateral or “proceeds” (as defined under the applicable UCC) of Collateral) other than
pursuant to Section 9.9 or Article X and such payment exceeds the amount such Lender would have been entitled to receive if all payments had gone to, and been distributed by, Agent in accordance with the provisions of the Loan
Documents, such Lender shall purchase for cash from other Lenders such participations in their Obligations as necessary for such Lender to share such excess payment with such Lenders to ensure such payment is applied as though it had been received
by Agent and applied in accordance with this Agreement (or, if such application would then be at the discretion of Borrowers, applied to repay the Obligations in accordance herewith); provided, however, that (a) if such payment is rescinded or
otherwise recovered from such Lender or L/C Issuer in whole or in part, such purchase shall be rescinded and the purchase price therefor shall be returned to such Lender or L/C Issuer without interest and (b) such Lender shall, to the fullest
extent permitted by applicable Requirements of Law, be able to exercise all its rights of payment (including the right of setoff) with respect to such participation as fully as if such Lender were the direct creditor of the applicable Credit Party
in the amount of such participation. If a Non-Funding Lender receives any such payment as described in the previous sentence, such Lender shall turn over such payments to Agent in an amount that would satisfy the cash collateral requirements set
forth in Section 1.11(e). 
 9.12 Counterparts; Facsimile Signature. This Agreement may be executed in any
number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Signature pages may be detached
from multiple separate counterparts and attached to a single counterpart. Delivery of an executed signature page of this Agreement by facsimile transmission or Electronic Transmission shall be as effective as delivery of a manually executed
counterpart hereof. 
 9.13 Severability. The illegality or unenforceability of any provision of this Agreement or any
instrument or agreement required hereunder shall not in any way affect or impair the legality or enforceability of the remaining provisions of this Agreement or any instrument or agreement required hereunder. 

9.14 Captions. The captions and headings of this Agreement are for convenience of reference only and shall not affect the
interpretation of this Agreement. 
 9.15 Independence of Provisions. The parties hereto acknowledge that this Agreement
and the other Loan Documents may use several different limitations, tests or measurements to regulate the same or similar matters, and that such limitations, tests and measurements are cumulative and must each be performed, except as expressly
stated to the contrary in this Agreement. 
 9.16 Interpretation. This Agreement is the result of negotiations among and
has been reviewed by counsel to Credit Parties, Agent, each Lender and other parties hereto, and is the product of all parties hereto. Accordingly, this Agreement and the other Loan Documents shall not be construed against the Lenders or Agent
merely because of Agent’s or Lenders’ involvement in the preparation of such documents and agreements. Without limiting the 

  
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generality of the foregoing, each of the parties hereto has had the advice of counsel with respect to Sections 9.18 and 9.19. 

9.17 No Third Parties Benefited. This Agreement is made and entered into for the sole protection and legal benefit of Borrowers,
the Lenders, the L/C Issuers party hereto, Agent and, subject to the provisions of Section 8.11, each other Secured Party, and their permitted successors and assigns, and no other Person shall be a direct or indirect legal beneficiary
of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. Neither Agent nor any Lender shall have any obligation to any Person not a party to this Agreement or the other Loan
Documents. 
 9.18 Governing Law and Jurisdiction. 

(a) Governing Law. The laws of the State of New York shall govern all matters arising out of, in connection with or relating to
this Agreement, including, without limitation, its validity, interpretation, construction, performance and enforcement (including, without limitation, any claims sounding in contract or tort law arising out of the subject matter hereof and any
determinations with respect to post-judgment interest). 
 (b) Submission to Jurisdiction. Any legal action or proceeding
with respect to any Loan Document shall be brought exclusively in the courts of the State of New York located in the City of New York, Borough of Manhattan, or of the United States of America for the Southern District of New York and, by execution
and delivery of this Agreement, each Borrower and each other Credit Party executing this Agreement hereby accepts for itself and in respect of its Property, generally and unconditionally, the jurisdiction of the aforesaid courts; provided that
nothing in this Agreement shall limit the right of Agent to commence any proceeding in the federal or state courts of any other jurisdiction to the extent Agent determines that such action is necessary or appropriate to exercise its rights or
remedies under the Loan Documents. The parties hereto (and, to the extent set forth in any other Loan Document, each other Credit Party) hereby irrevocably waive any objection, including any objection to the laying of venue or based on the grounds
of forum non conveniens, that any of them may now or hereafter have to the bringing of any such action or proceeding in such jurisdictions. 
 (c) Service of Process. Each Credit Party hereby irrevocably waives personal service of any and all legal process, summons, notices and other documents and other service of process of any kind and
consents to such service in any suit, action or proceeding brought in the United States of America with respect to or otherwise arising out of or in connection with any Loan Document by any means permitted by applicable Requirements of Law,
including by the mailing thereof (by registered or certified mail, postage prepaid) to the address of Borrowers specified herein (and shall be effective when such mailing shall be effective, as provided therein). Each Credit Party agrees that a
final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 
 (d) Non-Exclusive Jurisdiction. Nothing contained in this Section 9.18 shall affect the right of Agent or any Lender to serve process in any other manner permitted by

  
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applicable Requirements of Law or commence legal proceedings or otherwise proceed against any Credit Party in any other jurisdiction. 

9.19 Waiver of Jury Trial. THE PARTIES HERETO, TO THE EXTENT PERMITTED BY LAW, WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION,
SUIT, OR PROCEEDING ARISING OUT OF, IN CONNECTION WITH OR RELATING TO, THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND ANY OTHER TRANSACTION CONTEMPLATED HEREBY AND THEREBY. THIS WAIVER APPLIES TO ANY ACTION, SUIT OR PROCEEDING WHETHER SOUNDING IN
TORT, CONTRACT OR OTHERWISE. 
 9.20 Entire Agreement; Release; Survival. 

(a) THE LOAN DOCUMENTS EMBODY THE ENTIRE AGREEMENT OF THE PARTIES AND SUPERSEDE ALL PRIOR AGREEMENTS AND UNDERSTANDINGS RELATING TO THE
SUBJECT MATTER THEREOF AND ANY PRIOR LETTER OF INTEREST, COMMITMENT LETTER, CONFIDENTIALITY AND SIMILAR AGREEMENTS INVOLVING ANY CREDIT PARTY AND ANY LENDER OR ANY L/C ISSUER OR ANY OF THEIR RESPECTIVE AFFILIATES RELATING TO A FINANCING OF
SUBSTANTIALLY SIMILAR FORM, PURPOSE OR EFFECT OTHER THAN THE FEE LETTER. IN THE EVENT OF ANY CONFLICT BETWEEN THE TERMS OF THIS AGREEMENT AND ANY OTHER LOAN DOCUMENT, THE TERMS OF THIS AGREEMENT SHALL GOVERN (UNLESS OTHERWISE EXPRESSLY STATED IN
SUCH OTHER LOAN DOCUMENTS OR SUCH TERMS OF SUCH OTHER LOAN DOCUMENTS ARE NECESSARY TO COMPLY WITH APPLICABLE REQUIREMENTS OF LAW, IN WHICH CASE SUCH TERMS SHALL GOVERN TO THE EXTENT NECESSARY TO COMPLY THEREWITH). 

(b) Execution of this Agreement by the Credit Parties constitutes a full, complete and irrevocable release of any and all claims which
each Credit Party may have at law or in equity in respect of all prior discussions and understandings, oral or written, relating to the subject matter of this Agreement and the other Loan Documents. In no event shall any Indemnitee be liable on any
theory of liability for any special, indirect, consequential or punitive damages (including any loss of profits, business or anticipated savings). Each Borrower and each other Credit Party signatory hereto hereby waives, releases and agrees (and
shall cause each other Credit Party to waive, release and agree) not to sue upon any such claim for any special, indirect, consequential or punitive damages, whether or not accrued and whether or not known or suspected to exist in its favor.

 (c) (i) Any indemnification or other protection provided to any Indemnitee pursuant to this Section 9.20,
Sections 9.5 (Costs and Expenses), and 9.6 (Indemnity), and Articles (VIII) Agent and X (Taxes, Yield Protection and Illegality), and (ii) the provisions of Section 8.1 of the Guaranty and Security
Agreement, in each case, shall (x) survive the termination of the Commitments and the payment in full of all other Obligations and (y) with respect to clause (i) above, inure to the benefit of any Person that at any time held a
right thereunder (as an Indemnitee or otherwise) and, thereafter, its successors and permitted assigns. 

  
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 9.21 Patriot Act. Each Lender that is subject to the Patriot Act hereby notifies the
Credit Parties that pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies each Credit Party, which information includes the name and address of each Credit Party and other
information that will allow such Lender to identify each Credit Party in accordance with the Patriot Act. 
 9.22 Replacement
of Lender. Within forty-five (45) days after: (i) receipt by Borrower Representative of written notice and demand from any Lender (an “Affected Lender”) for payment of additional costs as provided in Sections
10.1, 10.3 or 10.6; or (ii) any failure by any Lender (other than Agent or an Affiliate of Agent) to consent to a requested amendment, waiver or modification to any Loan Document in which Required Lenders have already
consented to such amendment, waiver or modification but the consent of each Lender (or each Lender directly affected thereby, as applicable) is required with respect thereto, Borrowers may, at their option, notify Agent and such Affected Lender (or
such non-consenting Lender) of Borrowers’ intention to obtain, at Borrowers’ expense, a replacement Lender (“Replacement Lender”) for such Affected Lender (or such non-consenting Lender), which Replacement Lender shall be
reasonably satisfactory to Agent. In the event Borrowers obtains a Replacement Lender within forty-five (45) days following notice of its intention to do so, the Affected Lender (or such non-consenting Lender) shall sell and assign its Loans
and Commitments to such Replacement Lender, at par, provided that Borrowers have reimbursed such Affected Lender for its increased costs for which it is entitled to reimbursement under this Agreement through the date of such sale and assignment. In
the event that a replaced Lender does not execute an Assignment pursuant to Section 9.9 within five (5) Business Days after receipt by such replaced Lender of notice of replacement pursuant to this Section 9.22 and
presentation to such replaced Lender of an Assignment evidencing an assignment pursuant to this Section 9.22, Borrowers shall be entitled (but not obligated) to execute such an Assignment on behalf of such replaced Lender, and any such
Assignment so executed by Borrowers, the Replacement Lender and Agent, shall be effective for purposes of this Section 9.22 and Section 9.9. Notwithstanding the foregoing, with respect to a Lender that is a Non-Funding Lender
or an Impacted Lender, the Agent may, but shall not be obligated to, obtain a Replacement Lender and execute an Assignment on behalf of such Non-Funding Lender or Impacted Lender at any time with three (3) Business’ Days prior notice to
such Lender (unless notice is not practicable under the circumstances) and cause such Lender’s Loans and Commitments to be sold and assigned, in whole or in part, at par. Upon any such assignment and payment and compliance with the other
provisions of Section 9.9, such replaced Lender shall no longer constitute a “Lender” for purposes hereof; provided, any rights of such replaced Lender to indemnification hereunder shall survive. 

9.23 Creditor-Debtor Relationship. The relationship between Agent, each Lender and the L/C Issuer, on the one hand, and the Credit
Parties, on the other hand, is solely that of creditor and debtor. No Secured Party has any fiduciary relationship or duty to any Credit Party arising out of or in connection with, and there is no agency, tenancy or joint venture relationship
between the Secured Parties and the Credit Parties by virtue of, any Loan Document or any transaction contemplated therein. 

9.24 No Recourse. The parties hereto hereby acknowledge and agree that neither the GP nor any director, officer, employee, limited
partner or shareholder of the 

  
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Partnership or the GP shall have any liability in respect of the obligations of the Credit Parties under this Agreement and the other Loan Documents by reason of his, her or its status.

 ARTICLE X - 
 TAXES, YIELD PROTECTION AND ILLEGALITY 
 10.1 Taxes. 

(a) Except as otherwise provided in this Section 10.1, each payment by any Credit Party under any Loan Document shall be made
free and clear of all present or future taxes, levies, imposts, deductions, charges or withholdings and all liabilities with respect thereto (and without deduction for any of them) (collectively, “Taxes”). 

(b) If any Indemnified Taxes shall be required by any Requirement of Law to be deducted from or in respect of any amount payable under
any Loan Document to any Secured Party (i) such amount shall be increased as necessary to ensure that, after all required deductions for Indemnified Taxes are made (including deductions applicable to any increases to any amount under this
Section 10.1), such Secured Party receives the amount it would have received had no such deductions been made, (ii) the relevant Credit Party or Agent, as applicable, shall make such deductions, and (iii) the relevant Credit
Party or Agent, as applicable, shall timely pay the full amount deducted to the relevant taxing authority or other authority in accordance with applicable Requirements of Law. 
 (c) In addition, Borrowers agree to pay, and authorizes Agent to pay in their name, any stamp, documentary, excise or property tax, charges or similar levies imposed by any applicable Requirement of Law
or Governmental Authority and reasonable out-of-pocket expense with respect thereto, in each case arising from the execution, delivery or registration of, or otherwise with respect to, any Loan Document or any transaction contemplated therein
(collectively, “Other Taxes”). The Swingline Lender may, without any need for demand or consent from the Borrowers or the Borrower Representative, by making funds available to Agent in the amount equal to any such payment of Other
Taxes, make a Swingline Loan to the Borrowers in such amount, the proceeds of which shall be used by Agent in whole to make such payment of Other Taxes; provided, that the Swingline Lender shall endeavor to provide notice to the Borrower
Representative of any such Swingline Loan but shall not incur any liability for its failure to do so. Within 30 days after the date of any payment of Indemnified Taxes or Other Taxes by any Credit Party, Borrowers shall furnish to Agent, at its
address referred to in Section 9.2, the original or a certified copy of a receipt evidencing payment thereof, or other reasonably acceptable evidence thereof. 
 (d) Borrowers shall reimburse and indemnify, within 30 days after receipt of written demand therefor (with copy to Agent), each Secured Party for all Indemnified Taxes imposed on payments by a Credit
Party under a Loan Document and Other Taxes (including any Indemnified Taxes and Other Taxes imposed by any jurisdiction on amounts payable under this Section 10.1) paid by such Secured Party and reasonable out-of-pocket expenses with
respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally asserted; provided, however, that this sentence shall not obligate Borrowers to reimburse or

  
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indemnify any Secured Party for any Indemnified Taxes or Other Taxes imposed as a result of a Secured Party’s gross negligence or willful misconduct. A certificate of the Secured Party (or
of Agent on behalf of such Secured Party) claiming any compensation under this clause (d), setting forth the amounts to be paid thereunder and delivered to Borrower Representative with copy to Agent, shall be conclusive, binding and final for
all purposes, absent manifest error. 
 (e) Any Lender claiming any additional amounts payable pursuant to this
Section 10.1 shall use its reasonable efforts (consistent with its internal policies and Requirements of Law) to change the jurisdiction of its lending office if such a change would reduce any such additional amounts (or any similar
amount that may thereafter accrue) and would not, in the sole determination of such Lender, be otherwise disadvantageous to such Lender. 
 (f) (i) Any U.S. Lender Party or Non-U.S. Lender Party that is entitled to an exemption from or reduction of withholding tax with respect to payments made under any Loan Document shall deliver to Borrower
Representative and Agent, at the time or times reasonably requested by Borrower Representative or Agent, such properly completed and executed documentation reasonably requested by Borrower Representative or Agent as will permit such payments to be
made without withholding or at a reduced rate of withholding. In addition, any U.S. Lender Party or Non-U.S. Lender Party, if reasonably requested by Borrower Representative or Agent, shall deliver such other documentation prescribed by applicable
Requirements of Law or reasonably requested by Borrower Representative or Agent as will enable Borrower Representative or Agent to determine whether or not such U.S. Lender Party or Non-U.S. Lender Party is subject to backup withholding or
information reporting requirements. 
 (ii) Each Non-U.S. Lender Party that is entitled to an exemption from
United States withholding tax or is subject to such withholding tax at a reduced rate under an applicable tax treaty, shall (w) on or prior to the date such Non-U.S. Lender Party becomes a “Non-U.S. Lender Party” hereunder,
(x) on or prior to the date on which any such form or certification expires or becomes obsolete, (y) after the occurrence of any event requiring a change in the most recent form or certification previously delivered by it pursuant to this
clause (i) and (z) from time to time if requested by Borrower Representative or Agent (or, in the case of a participant or SPV, the relevant Lender), provide Agent and Borrower Representative (or, in the case of a participant or
SPV, the relevant Lender) with two properly completed originals of each of the following, as applicable: (A) Forms W-8ECI (claiming exemption from U.S. withholding tax because the income is effectively connected with a U.S. trade or business),
W-8BEN (claiming exemption from, or a reduction of, U.S. withholding tax under an income tax treaty) or W-8IMY or any successor forms (together with any required attachments), (B) in the case of a Non-U.S. Lender Party claiming exemption under
Sections 871(h) or 881(c) of the Code, Form W-8BEN (claiming exemption from U.S. withholding tax under the portfolio interest exemption) or any successor form and a certificate in form and substance acceptable to Agent and Borrower Representative
that such Non-U.S. Lender Party is not (1) a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (2) a “10 percent shareholder” of any Borrower within the meaning of Section 881(c)(3)(B) of the Code
or (3) a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code or (C) any other applicable document prescribed by the IRS certifying as to the entitlement

  
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of such Non-U.S. Lender Party to such exemption from United States withholding tax or reduced rate with respect to all payments to be made to such Non-U.S. Lender Party under the Loan Documents.
Unless Borrower Representative and Agent have received forms or other documents satisfactory to them indicating that payments under any Loan Document to or for a Non-U.S. Lender Party are not subject to United States withholding tax or are subject
to such tax at a rate reduced by an applicable tax treaty, the Credit Parties and Agent shall withhold amounts required to be withheld by applicable Requirements of Law from such payments at the applicable statutory rate. 

(iii) Each U.S. Lender Party shall (A) on or prior to the date such U.S. Lender Party becomes a “U.S. Lender
Party” hereunder, (B) on or prior to the date on which any such form or certification expires or becomes obsolete, (C) after the occurrence of any event requiring a change in the most recent form or certification previously delivered
by it pursuant to this clause (f) and (D) from time to time if requested by Borrower Representative or Agent (or, in the case of a participant or SPV, the relevant Lender), provide Agent and Borrower Representative (or, in the case
of a participant or SPV, the relevant Lender) with two properly completed originals of Form W-9 (certifying that such U.S. Lender Party is entitled to an exemption from U.S. backup withholding tax) or any successor form. 

(iv) Each Lender having sold a participation in any of its Obligations or identified an SPV as such to Agent shall collect
from such participant or SPV the documents described in this clause (f) and provide them to Agent. 

(v) If a payment made to a Non-U.S. Lender Party would be subject to United States federal withholding tax imposed by
FATCA if such Non-U.S. Lender Party fails to comply with the applicable requirements of FATCA, such Non-U.S. Lender Party shall promptly deliver to Agent and Borrower Representative any documentation under any Requirement of Law or reasonably
requested by the Agent or Borrower Representative sufficient for Agent or Borrower Representative to comply with their obligations under FATCA and to determine that such Non-U.S. Lender has complied with such applicable reporting requirements or to
determine the amount to withhold from any payments. Solely for purposes of this Section 10.1(f)(v), “FATCA” shall include any amendments to FATCA after the date hereof. 

(g) If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it
has been indemnified pursuant to this Section 10.1 (including by the payment of additional amounts pursuant to this Section 10.1), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent
of indemnity payments made or additional amounts paid with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any interest paid by the
relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this Section 10.1(g) (plus any
penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this
Section 10.1(g), in no event will the Agent or 

  
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any Lender be required to pay any amount to any Credit Party pursuant to this Section 10.1(g), the payment of which would place the Agent or such Lender in a less favorable net after-Tax
position than the Agent or such Lender would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect
to such Tax had never been paid. This Section 10.1(g) shall not be construed to require the Agent or any Lender to make available its tax returns (or any other information relating to its taxes that it deems confidential) to any Credit Party or
any other Person. 
 (h) For the avoidance of doubt, for purposes of this Section 10.1, the term “Lender”
shall be deemed to include any L/C Issuer and Agent. 
 10.2 Illegality. If after the date hereof any Lender shall
determine that the introduction of any Requirement of Law, or any change in any Requirement of Law or in the interpretation or administration thereof, has made it unlawful, or that any central bank or other Governmental Authority has asserted that
it is unlawful, for any Lender or its Lending Office to make LIBOR Rate Loans, then, on notice thereof by such Lender to Borrowers through Agent, the obligation of that Lender to make LIBOR Rate Loans shall be suspended until such Lender shall have
notified Agent and Borrower Representative that the circumstances giving rise to such determination no longer exists. 
 (a)
Subject to clause (c) below, if any Lender shall determine that it is unlawful to maintain any LIBOR Rate Loan, Borrowers shall prepay in full all LIBOR Rate Loans of such Lender then outstanding, together with interest accrued thereon,
either on the last day of the Interest Period thereof if such Lender may lawfully continue to maintain such LIBOR Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such LIBOR Rate Loans, together with any
amounts required to be paid in connection therewith pursuant to Section 10.4. 
 (b) If the obligation of any Lender
to make or maintain LIBOR Rate Loans has been terminated, Borrower Representative may elect, by giving notice to such Lender through Agent that all Loans which would otherwise be made by any such Lender as LIBOR Rate Loans shall be instead Base Rate
Loans. 
 (c) Before giving any notice to Agent pursuant to this Section 10.2, the affected Lender shall designate a
different Lending Office with respect to its LIBOR Rate Loans if such designation will avoid the need for giving such notice or making such demand and will not, in the judgment of the Lender, be illegal or otherwise disadvantageous to the Lender.

 (d) If, at any time, it becomes unlawful for any L/C Issuer to comply with any of its obligations under any Letter of Credit
(including as a result of any sanctions imposed by the United Nations, the European Union, the Netherlands, the United Kingdom and/or the United States of America), the obligations in question shall be suspended (and all corresponding rights shall
cease to accrue) until such time as it may again become lawful for such L/C Issuer to comply with them, and the L/C Issuer shall not be liable for any losses which the Borrowers or any other Credit Party may incur as a result. 

  
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 10.3 Increased Costs and Reduction of Return. 

(a) If any Lender or L/C Issuer shall determine that, due to either (i) the introduction of, or any change in, or in the
interpretation of, any Requirement of Law or (ii) the compliance with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), in the case of either clause (i) or
(ii) subsequent to the date hereof and in each case other than any Indemnified Tax or Excluded Tax, there shall be any increase in the cost to such Lender or L/C Issuer of agreeing to make or making, funding or maintaining any LIBOR Rate Loans
or of Issuing or maintaining any Letter of Credit, then Borrowers shall be liable for, and shall from time to time, within thirty (30) days of demand therefor by such Lender or L/C Issuer (with a copy of such demand to Agent), pay to Agent for
the account of such Lender or L/C Issuer, additional amounts as are sufficient to compensate such Lender or L/C Issuer for such increased costs; provided, that Borrowers shall not be required to compensate any Lender or L/C Issuer pursuant to this
Section 10.3(a) for any increased costs incurred more than 180 days prior to the date that such Lender or L/C Issuer notifies Borrower Representative, in writing of the increased costs and of such Lender’s or L/C Issuer’s
intention to claim compensation thereof; provided, further, that if the circumstance giving rise to such increased costs is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.

 (b) If any Lender or L/C Issuer shall have determined that: 

(i) the introduction of any Capital Adequacy Regulation; 

(ii) any change in any Capital Adequacy Regulation; 

(iii) any change in the interpretation or administration of any Capital Adequacy Regulation by any central bank or other
Governmental Authority charged with the interpretation or administration thereof; or 
 (iv) compliance by such
Lender or L/C Issuer (or its Lending Office) or any entity controlling the Lender or L/C Issuer, with any Capital Adequacy Regulation; 

affects the amount of capital required or expected to be maintained by such Lender or L/C Issuer or any entity controlling such Lender or L/C Issuer and
(taking into consideration such Lender’s or such entities’ policies with respect to capital adequacy and such Lender’s or L/C Issuer’s desired return on capital) determines that the amount of such capital is increased as a
consequence of its Commitment(s), loans, credits or obligations under this Agreement, then, within thirty (30) days of demand of such Lender or L/C Issuer (with a copy to Agent), Borrowers shall pay to such Lender or L/C Issuer, from time to
time as specified by such Lender or L/C Issuer, additional amounts sufficient to compensate such Lender or L/C Issuer (or the entity controlling the Lender or L/C Issuer) for such increase; provided, that no Borrower shall be required to compensate
any Lender or L/C Issuer pursuant to this Section 10.3(b) for any amounts incurred more than 180 days prior to the date that such Lender or L/C Issuer notifies Borrower Representative, in writing of the amounts and of such Lender’s
or L/C Issuer’s intention to claim compensation thereof; provided, further, that if the event giving rise to such 

  
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increase is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 

(c) Notwithstanding anything to the contrary herein, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all
requests, rules, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines and directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision or
any successor or similar authority shall, in each case, be deemed to be a change in a Requirement of Law under clause (a) above or a change in a Capital Adequacy Regulation under clause (b) above, as applicable, regardless of
the date enacted, adopted or issued. 
 10.4 Funding Losses. Borrowers agree to reimburse each Lender and to hold each
Lender harmless from any loss or expense which such Lender may sustain or incur as a consequence of: 
 (a) the failure of
Borrowers to make any payment or mandatory prepayment of principal of any LIBOR Rate Loan (including payments made after any acceleration thereof); 
 (b) the failure of Borrowers to borrow, continue or convert a Loan after Borrower Representative has given (or is deemed to have given) a Notice of Borrowing or a Notice of Conversion/Continuation;

 (c) the failure of Borrowers to make any prepayment after Borrower Representative has given a notice in accordance with
Section 1.7; 
 (d) the prepayment (including pursuant to Section 1.8) of a LIBOR Rate Loan on a day
which is not the last day of the Interest Period with respect thereto; or 
 (e) the conversion pursuant to
Section 1.6 of any LIBOR Rate Loan to a Base Rate Loan on a day that is not the last day of the applicable Interest Period; 

including any such loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain its LIBOR Rate Loans hereunder or
from fees payable to terminate the deposits from which such funds were obtained; provided that, with respect to the expenses described in clauses (d) and (e) above, such Lender shall have notified Agent of any such expense
within two (2) Business Days of the date on which such expense was incurred. Solely for purposes of calculating amounts payable by Borrowers to the Lenders under this Section 10.4 and under Section 10.3(a): each LIBOR
Rate Loan made by a Lender (and each related reserve, special deposit or similar requirement) shall be conclusively deemed to have been funded at the LIBOR used in determining the interest rate for such LIBOR Rate Loan by a matching deposit or other
borrowing in the interbank Eurodollar market for a comparable amount and for a comparable period, whether or not such LIBOR Rate Loan is in fact so funded. 
 10.5 Inability to Determine Rates. If Agent shall have determined in good faith that for any reason adequate and reasonable means do not exist for ascertaining the LIBOR for any requested Interest
Period with respect to a proposed LIBOR Rate Loan or that the LIBOR applicable pursuant to Section 1.3(a) for any requested Interest Period with respect to a proposed LIBOR Rate Loan does not adequately and fairly reflect the cost to the
Lenders of funding or 

  
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maintaining such Loan, Agent will forthwith give notice of such determination to Borrower Representative and each Lender. Thereafter, the obligation of the Lenders to make or maintain LIBOR Rate
Loans hereunder shall be suspended until Agent revokes such notice in writing. Upon receipt of such notice, Borrower Representative may revoke any Notice of Borrowing or Notice of Conversion/Continuation then submitted by it. If Borrower
Representative does not revoke such notice, the Lenders shall make, convert or continue the Loans, as proposed by Borrower Representative, in the amount specified in the applicable notice submitted by Borrower Representative, but such Loans shall be
made, converted or continued as Base Rate Loans. 
 10.6 Reserves on LIBOR Rate Loans. Borrowers shall pay to each
Lender, as long as such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as
“Eurocurrency liabilities”), additional costs on the unpaid principal amount of each LIBOR Rate Loan equal to actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which
determination shall be conclusive absent manifest error), payable on each date on which interest is payable on such Loan provided Borrower Representative shall have received at least fifteen (15) days’ prior written notice (with a copy to
Agent) of such additional interest from the Lender. If a Lender fails to give notice fifteen (15) days prior to the relevant Interest Payment Date, such additional interest shall be payable fifteen (15) days from receipt of such notice.

 10.7 Certificates of Lenders. Any Lender claiming reimbursement or compensation pursuant to this Article X
shall deliver to Borrower Representative (with a copy to Agent) a certificate setting forth in reasonable detail the amount payable to such Lender hereunder and such certificate shall be conclusive and binding on Borrowers in the absence of manifest
error. 
 ARTICLE XI - 
 DEFINITIONS 
 11.1 Defined Terms. The following terms are defined in
the Sections referenced opposite such terms: 
  

			
	“1998 APA”	  	4.14(b)
	“Acquisition Agreement”	  	Recital B
	“Action Plan”	  	4.14(f)
	“Additional Indemnity Escrow Amount”	  	5.15
	“Adjusted EBITDA”	  	Exhibit 4.2(b)
	“Affected Lender”	  	9.22
	“AFL”	  	Preamble
	“Agent”	  	Preamble
	“Aggregate Excess Funding Amount”	  	1.11(e)
	“Agreement”	  	Preamble
	“AL”	  	Preamble
	“AL Acquisition”	  	Recital B
	“ASL”	  	Preamble

  
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	“Acquisition Agreement”	  	Recital B
	“Appendices”	  	Recital F
	“Available CAPEX Loan Balance”	  	1.1(b)
	“Borrower”	  	Preamble
	“Borrower Materials”	  	9.10(e)
	“Borrower Representative”	  	1.12
	“Cap”	  	5.15
	“CAPEX Loan”	  	1.1(b)
	“CAPEX Loan Commitment”	  	1.1(b)
	“Compliance Certificate”	  	4.2(b)
	“EBITDA”	  	Exhibit 4.2(b)
	“EHS”	  	4.14(f)
	“Event of Default”	  	7.1
	“Existing Credit Agreement”	  	Recital A
	“Existing Loan Documents”	  	Recital A
	“Existing Lenders”	  	Recital A
	“Fee Letter”	  	1.9(a)
	“Fixed Charge Coverage Ratio”	  	Exhibit 4.2(b)
	“GE Capital”	  	Preamble
	“Incremental Effective Date”	  	1.1(f)
	“Incremental Term Loan”	  	1.1(f)
	“Incremental Term Loan Commitment”	  	1.1(f)
	“Incremental Term Loan Request”	  	1.1(f)
	“Indemnified Matters”	  	9.6
	“Indemnitee”	  	9.6
	“Investments”	  	5.4
	“L/C Reimbursement Agreement”	  	1.1(d)
	“L/C Reimbursement Date”	  	1.1(d)
	“L/C Request”	  	1.1(d)
	“L/C Sublimit”	  	1.1(d)
	“Lender”	  	Preamble
	“Letter of Credit Fee”	  	1.9(c)
	“Maximum Lawful Rate”	  	1.3(d)
	“Maximum Revolving Loan Balance”	  	1.1(c)
	“MNPI”	  	9.10(a)
	“Notice of Conversion/Continuation”	  	1.6(a)
	“OFAC”	  	3.26
	“Other Taxes”	  	10.1(c)
	“Owned Real Estate”	  	3.9(a)
	“Participant Register”	  	9.9(f)
	“Partnership”	  	Preamble
	“Permitted Liens”	  	5.1
	“Reduced Cap”	  	5.15
	“Register”	  	1.4(b)
	“Restricted Payments”	  	5.11
	“Replacement Lender”	  	9.22

  
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	“Revolving Loan Commitment”	  	1.1(c)
	“Revolving Loan”	  	1.1(c)
	“RNL”	  	Preamble
	“Sale”	  	9.9(b)
	“Schedule of CAPEX Loans”	  	1.1(b)
	“SDN List”	  	3.26
	“Seller”	  	Recital B
	“Seller Insurance Policy”	  	4.6
	“Settlement Date”	  	1.11(b)
	“Swingline Loan”	  	1.1(e)
	“Swingline Request”	  	1.1(e)
	“Tax Returns”	  	3.10
	“Taxes”	  	10.1(a)
	“Term Loan”	  	1.1(a)
	“Term Loan Commitment”	  	1.1(a)
	“Total Leverage Ratio”	  	Exhibit 4.2(b)
	“Triggering Event”	  	4.6(a)
	“Unused CAPEX Commitment Triggering Event”	  	1.9(b)
	“Unused Revolving Commitment Fee”	  	1.9(b)

 In addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:

 “Account” means, as at any date of determination, all “accounts” (as such term is defined in the
UCC) of Borrowers and their Subsidiaries, including, without limitation, the unpaid portion of the obligation of a customer of any Borrower or any of its Subsidiaries in respect of Inventory purchased by and shipped to such customer or the rendition
of services by any Borrower or such Subsidiary, as stated on the respective invoice of any Borrower or such Subsidiary, net of any credits, rebates or offsets owed to such customer. 

“Acquisition” means any transaction or series of related transactions for the purpose of or resulting, directly or
indirectly, in (a) the acquisition of all or substantially all of the assets of a Person, or of any business or division of a Person, (b) the acquisition of in excess of fifty percent (50%) of the Stock and Stock Equivalents of any
Person or otherwise causing any Person to become a Subsidiary of any Borrower, or (c) a merger or consolidation or any other combination with another Person. 
 “Affiliate” means, as to any Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. A Person shall be
deemed to control another Person if the controlling Person possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the other Person, whether through the ownership of voting securities, by
contract or otherwise. Without limitation, any director, executive officer or beneficial owner of ten percent (10%) or more of the Stock (either directly or through ownership of Stock Equivalents) of a Person shall for the purposes of this
Agreement, be deemed to be an Affiliate of such Person. Notwithstanding the foregoing, neither Agent nor any Lender shall be deemed an “Affiliate” of any Credit Party or of any Subsidiary of any Credit Party solely by reason of the
provisions of the Loan Documents. 

  
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 “Agent” means GE Capital in its capacity as administrative agent for the
Lenders hereunder, and any successor administrative agent. 
 “Aggregate CAPEX Loan Commitment” means the
combined CAPEX Loan Commitments of the Lenders, which shall initially be in the amount of $110,000,000, as such amount may be reduced from time to time pursuant to this Agreement. 

“Aggregate Revolving Loan Commitment” means the combined Revolving Loan Commitments of the Lenders, which shall
initially be in the amount of $35,000,000, as such amount may be reduced from time to time pursuant to this Agreement. 

“Aggregate Term Loan Commitment” means the combined Term Loan Commitments of the Lenders, which shall initially be in
the amount of $155,000,000, as such amount may be reduced from time to time pursuant to this Agreement or increased as a result of Incremental Term Loan Commitments from time to time pursuant to this Agreement. 

“Applicable Margin” means with respect to Loans: (i) if a Base Rate Loan, two and three-quarters of one percent
(2.75%) per annum, and (ii) if a LIBOR Rate Loan, three and three-quarters of one percent (3.75%) per annum. Notwithstanding anything herein to the contrary, Swingline Loans may not be LIBOR Rate Loans. 

“Approved Fund” means, with respect to any Lender, any Person (other than a natural Person) that (a) (i) is or
will be engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the Ordinary Course of Business or (ii) temporarily warehouses loans for any Lender or any Person described in
clause (i) above and (b) is advised or managed by (i) such Lender, (ii) any Affiliate of such Lender or (iii) any Person (other than an individual) or any Affiliate of any Person (other than an individual) that
administers or manages such Lender. 
 “Assignment” means an assignment agreement entered into by a Lender, as
assignor, and any Person, as assignee, pursuant to the terms and provisions of Section 9.9 (with the consent of any party whose consent is required by Section 9.9), accepted by Agent, substantially in the form of
Exhibit 11.1(a) or any other form approved by Agent. 
 “Attorney Costs” means and includes all
reasonable fees and disbursements of any law firm or other external counsel. 
 “Availability” means, as of any
date of determination, the amount by which (a) the Maximum Revolving Loan Balance, exceeds (b) the aggregate outstanding principal balance of Revolving Loans. 
 “Bank Products” means any of the following provided to Borrowers by any Lender or an Affiliate of any Lender: (a) lockbox, depository or disbursement services, automatic clearing
house transfer of funds, overdrafts, and other cash management services; and (b) Secured Rate Contracts. 

“Bankruptcy Code” means the Federal Bankruptcy Reform Act of 1978 (11 U.S.C. §101, et seq.). 

  
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 “Base Rate” means, for any day, a rate per annum equal to the highest of
(a) the rate last quoted by The Wall Street Journal as the “Prime Rate” in the United States or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve
Board in Federal Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the “bank prime loan” rate or, if such rate is no longer quoted therein, any similar rate quoted therein (as determined by Agent) or any similar
release by the Federal Reserve Board (as determined by Agent), (b) the sum of 0.50% per annum and the Federal Funds Rate, and (c) the sum of (x) LIBOR calculated for each such day based on an Interest Period of three months
determined two (2) Business Days prior to such day, plus (y) the excess of the Applicable Margin for LIBOR Rate Loans over the Applicable Margin for Base Rate Loans, in each instance, as of such day. Any change in the Base Rate due
to a change in any of the foregoing shall be effective on the effective date of such change in the “bank prime loan” rate, the Federal Funds Rate or LIBOR for an Interest Period of three months. 

“Base Rate Loan” means a Loan that bears interest based on the Base Rate. 

“Benefit Plan” means any employee benefit plan as defined in Section 3(3) of ERISA (other than any Multiemployer
Plan) to which any Credit Party incurs or otherwise has any Liability, contingent or otherwise. 
 “Borrowing”
means a borrowing hereunder consisting of Loans made to or for the benefit of Borrowers on the same day by the Lenders pursuant to Article I. 
 “Business Day” means any day other than a Saturday, Sunday or other day on which federal reserve banks are authorized or required by law to close and, if the applicable Business
Day relates to any LIBOR Rate Loan, a day on which dealings are carried on in the London interbank market. 
 “CAPEX
Commitment Percentage” means, as to any CAPEX Lender, the percentage equivalent of such Lender’s CAPEX Loan Commitment divided by the Aggregate CAPEX Loan Commitment; provided, that following acceleration of the Loans, such term
means, as to any CAPEX Lender, the percentage equivalent of the principal amount of the CAPEX Loans held by such Lender, divided by the aggregate principal amount of the CAPEX Loans held by all Lenders. 

“CAPEX Lender” means each Lender with a CAPEX Loan Commitment (or if the CAPEX Loan Commitments have terminated, who
holds CAPEX Loans). 
 “CAPEX Loan Termination Date” means the earlier to occur of: (a) October 31,
2017; and (b) the date on which the Aggregate CAPEX Loan Commitment shall terminate in accordance with the provisions of this Agreement. 
 “CAPEX Note” means a promissory note of Borrowers payable to a Lender in substantially the form of Exhibit 11.1(b), evidencing Indebtedness of Borrower under the CAPEX Loan
Commitment of such Lender. 
 “Capital Adequacy Regulation” means any guideline, request or directive of any
central bank or other Governmental Authority, or any other law, rule or regulation, whether or not 

  
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having the force of law, in each case, regarding capital adequacy or liquidity requirements of any Lender or of any corporation controlling a Lender. 

“Capital Lease” means any leasing or similar arrangement which, in accordance with GAAP, is classified as a capital
lease. 
 “Capital Lease Obligations” means all monetary obligations of any Credit Party or any Subsidiary of
any Credit Party under any Capital Leases. 
 “Cash Equivalents” means (a) any readily-marketable
securities (i) issued by, or directly, unconditionally and fully guaranteed or insured by the United States federal government or (ii) issued by any agency of the United States federal government the obligations of which are fully backed
by the full faith and credit of the United States federal government, (b) any readily-marketable direct obligations issued by any other agency of the United States federal government, any state of the United States or any political subdivision
of any such state or any public instrumentality thereof, in each case having a rating of at least “A-1” from S&P or at least “P-1” from Moody’s, (c) any commercial paper rated at least “A-1” by S&P or
“P-1” by Moody’s and issued by any Person organized under the laws of any state of the United States, (d) any Dollar-denominated time deposit, insured certificate of deposit, overnight bank deposit or bankers’ acceptance
issued or accepted by (i) any Lender or (ii) any commercial bank that is (A) organized under the laws of the United States, any state thereof or the District of Columbia, (B) “adequately capitalized” (as defined in the
regulations of its primary federal banking regulators) and (C) has Tier 1 capital (as defined in such regulations) in excess of $250,000,000 and (e) shares of any United States money market fund that (i) has substantially all of its
assets invested continuously in the types of investments referred to in clause (a), (b), (c) or (d) above with maturities as set forth in the proviso below, (ii) has net assets in excess of $500,000,000 and
(iii) has obtained from either S&P or Moody’s the highest rating obtainable for money market funds in the United States; provided, however, that the maturities of all obligations specified in any of clauses (a), (b),
(c) or (d) above shall not exceed 365 days. 
 “Clean Down Period” means the period of
10 consecutive days designated by Borrower Representative in accordance with Section 6.3. 
 “Closing
Date” means the date on which all of the conditions set forth in Section 2.1 have been satisfied. 

“Code” means the Internal Revenue Code of 1986, as amended. 

“Collateral” means all Property and interests in Property and proceeds thereof now owned or hereafter acquired by any
Credit Party, any of their respective Subsidiaries and any other Person who has granted a Lien to Agent, in or upon which a Lien is granted or purported to be granted now or hereafter exists in favor of any Lender or Agent for the benefit of Agent,
Lenders and other Secured Parties, whether under this Agreement or under any other documents executed by any such Persons and delivered to Agent. 
 “Collateral Documents” means, collectively, the Guaranty and Security Agreement, the Mortgages, each Control Agreement and all other security agreements, pledge agreements, patent and
trademark security agreements, lease assignments, guarantees and other similar agreements, 

  
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and all amendments, restatements, modifications or supplements thereof or thereto, by or between any one or more of any Credit Party, any of their respective Subsidiaries or any other Person
pledging or granting a lien on Collateral or guaranteeing the payment and performance of the Obligations, and any Lender or Agent for the benefit of Agent, the Lenders and other Secured Parties now or hereafter delivered to the Lenders or Agent
pursuant to or in connection with the transactions contemplated hereby, and all financing statements (or comparable documents now or hereafter filed in accordance with the UCC or comparable law) against any such Person as debtor in favor of any
Lender or Agent for the benefit of Agent, the Lenders and the other Secured Parties, as secured party, as any of the foregoing may be amended, restated or modified from time to time. 

“Commitment” means, for each Lender, the sum of its Term Loan Commitment, Revolving Loan Commitment and CAPEX Loan
Commitment. 
 “Commitment Percentage” means, as to any Lender, the percentage equivalent of such Lender’s
Term Loan Commitment, Revolving Loan Commitment and CAPEX Loan Commitment divided by the Aggregate Term Loan Commitment, Aggregate Revolving Loan Commitment and Aggregate CAPEX Loan Commitment; provided, that following acceleration of
the Loans, such term means, as to any Lender, the percentage equivalent of the principal amount of the Loans held by such Lender, divided by the aggregate principal amount of the Loans held by all Lenders. 

“Commodity Agreement” means any commodity price protection agreement or other commodity price hedging agreement
including forward purchase contracts, forward rate transactions, cap transactions, or any other similar transactions or any combination of the foregoing (including any options to enter into any of the foregoing). 

“Contingent Obligation” means, as to any Person, any direct or indirect liability, contingent or otherwise, of that
Person: (a) with respect to any Indebtedness, lease, dividend or other obligation of another Person if the primary purpose or intent of the Person incurring such liability, or the primary effect thereof, is to provide assurance to the obligee
of such liability that such liability will be paid or discharged, or that any agreements relating thereto will be complied with, or that the holders of such liability will be protected (in whole or in part) against loss with respect thereto;
(b) under any Rate Contracts or Commodity Agreements; (c) to make take-or-pay or similar payments if required regardless of nonperformance by any other party or parties to an agreement; or (d) for the obligations of another Person
through any agreement to purchase, repurchase or otherwise acquire such obligation or any Property constituting security therefor, to provide funds for the payment or discharge of such obligation or to maintain the solvency, financial condition or
any balance sheet item or level of income of another Person. The amount of any Contingent Obligation shall be equal to the amount of the obligation so guaranteed or otherwise supported or, if not a fixed and determined amount, the maximum reasonably
anticipated liability in respect thereof as determined by the guaranteeing or supporting person in good faith. 

“Contractual Obligations” means, as to any Person, any provision of any security issued by such Person or of any
agreement, undertaking, contract, indenture, mortgage, deed of trust or 

  
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other instrument, document or agreement to which such Person is a party or by which it or any of its Property is bound. 
 “Contribution and Conversion Agreements” means the Contribution, Conveyance and Assignment Agreement dated as of November 9, 2011, by and among Rentech, RDC, RNHI, GP, Partnership
and REMC and the Certificate of Conversion of REMC filed with the Secretary of State of the State of Delaware on November 7, 2011, and effective as of November 9, 2011, and all agreements and documents executed and delivered in connection
therewith. 
 “Control Agreement” means a tri-party deposit account, securities account or commodities account
control agreement by and among the applicable Credit Party, Agent and the depository, securities intermediary or commodities intermediary, and each in form and substance reasonably satisfactory to Agent and in any event providing to Agent
“control” of such deposit account, securities or commodities account within the meaning of Articles 8 and 9 of the UCC. 
 “Conversion Date” means any date on which Borrowers convert a Base Rate Loan to a LIBOR Rate Loan or a LIBOR Rate Loan to a Base Rate Loan. 

“Copyrights” means all rights, title and interests (and all related IP Ancillary Rights) arising under any Requirement
of Law in or relating to copyrights and all mask work, database and design rights, whether or not registered or published, all registrations and recordations thereof and all applications in connection therewith. 

“Credit Parties” means Partnership, each Borrower and each other Person (i) which executes a guaranty of the
Obligations, (ii) which grants a Lien on all or substantially all of its assets to secure payment of the Obligations and (iii) all of the Stock of which is pledged to Agent for the benefit of the Secured Parties. 

“Default” means any event or circumstance which, with the giving of notice, the lapse of time, or both, would (if not
cured or otherwise remedied during such time) constitute an Event of Default. 
 “Disposition” means the sale,
lease, conveyance or other disposition of Property (excluding any Event of Loss), other than sales or other dispositions expressly permitted under Sections 5.2(a), 5.2(c), 5.2(d), 5.2(f), 5.2(h) and 5.2(i). 

“Dollars”, “dollars” and “$” each mean lawful money of the United States of America.

 “Domestic Subsidiary” means any Subsidiary incorporated, organized or otherwise formed under the laws of the
United States, any state thereof or the District of Columbia. 
 “Electronic Transmission” means each document,
instruction, authorization, file, information and any other communication transmitted, posted or otherwise made or communicated by e-mail or E-Fax, or otherwise to or from an E-System or other equivalent service. 

“Environmental Law” or “Environmental Laws” means any or all applicable Requirements of Law imposing liability
or standards of conduct for or relating to the regulation 

  
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and protection of human health, safety, the workplace, the environment and natural resources, and including public notification requirements and environmental transfer of ownership, notification
or approval statutes. Environmental Laws shall include the Federal Insecticide, Fungicide and Rodenticide Act, Resource Conservation & Recovery Act, Clean Water Act, Oil Pollution Act, Safe Drinking Water Act, Atomic Energy Act,
Occupational Safety and Health Act, Toxic Substances Control Act, Clean Air Act, Comprehensive Environmental Response, Compensation and Liability Act, Emergency Planning and Community Right-to-Know Act, Hazardous Materials Transportation Act and all
analogous or related federal, state or local laws, each as amended. 
 “Environmental Liabilities” means all
Liabilities (including costs of Remedial Actions, natural resource damages and costs and expenses of investigation and feasibility studies, including the cost of environmental consultants and Attorneys Costs) that may be imposed on, incurred by or
asserted against any Credit Party or any Subsidiary of any Credit Party as a result of, or related to, any claim, suit, action, investigation, proceeding or demand by any Person, whether based in contract, tort, implied or express warranty, strict
liability, criminal or civil statute or common law or otherwise, arising under any Environmental Law or in connection with any environmental, health or safety condition or with any Release and resulting from the ownership, lease, sublease or other
operation or occupation of property by any Credit Party or any Subsidiary of any Credit Party, whether on, prior or after the date hereof. 
 “ERISA” means the Employee Retirement Income Security Act of 1974. 
 “ERISA Affiliate” means, collectively, any Credit Party and any Person under common control or treated as a single employer with, any Credit Party, within the meaning of
Section 414(b), (c), (m) or (o) of the Code. 
 “ERISA Event” means any of the following:
(a) a “reportable event” described in Section 4043(b) of ERISA (or, unless the 30-day notice requirement has been duly waived under the applicable regulations, Section 4043(c) of ERISA) with respect to a Title IV Plan;
(b) the withdrawal of any ERISA Affiliate from a Title IV Plan subject to Section 4063 of ERISA during a plan year in which it was a “substantial employer,” as defined in Section 4001(a)(2) of ERISA; (c) the complete or
partial withdrawal (within the meanings of Sections 4203 and 4205 of ERISA) of any ERISA Affiliate from any Multiemployer Plan; (d) with respect to any Multiemployer Plan, the filing of a notice of reorganization, insolvency or termination (or
treatment of a plan amendment as termination) under Section 4041A of ERISA; (e) the filing of a notice of intent to terminate a Title IV Plan (or treatment of a plan amendment as termination) under Section 4041 of ERISA; (f) the
institution of proceedings to terminate a Title IV Plan or Multiemployer Plan by the PBGC; (g) the failure to make any required contribution to any Title IV Plan or Multiemployer Plan when due; (h) the imposition of a Lien under
Section 430(k) of the Code or Section 303 or 4068 of ERISA on any property (or rights to property, whether real or personal) of any ERISA Affiliate; (i) the failure of a Benefit Plan or any trust thereunder intended to qualify for tax
exempt status under Section 401(a) or 501(a) of the Code; (j) a Title IV Plan is in “at risk” status within the meaning of Code Section 430(i); (k) a Multiemployer Plan is in “endangered status” or
“critical status” within the meaning of Section 432(b) of the Code; and (l) any other event or condition that would reasonably be expected to constitute grounds under Section 4042 of ERISA for the termination of, or the
appointment of a trustee to 

  
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administer, any Title IV Plan or Multiemployer Plan or for the imposition of any material liability upon any ERISA Affiliate under Title IV of ERISA other than for PBGC premiums due but not
delinquent. 
 “Event of Loss” means, with respect to any Property, any of the following: (a) any loss,
destruction or damage of such Property; (b) any pending or threatened institution of any proceedings for the condemnation or seizure of such Property or for the exercise of any right of eminent domain; or (c) any actual condemnation,
seizure or taking, by exercise of the power of eminent domain or otherwise, of such Property, or confiscation of such Property or the requisition of the use of such Property. 
 “Excluded Subsidiary” means any (i) Foreign Subsidiary, (ii) Domestic Subsidiary which is directly or indirectly owned by one or more Foreign Subsidiaries or (iii) Domestic
Subsidiary substantially all the assets of which consist of Stock, Stock Equivalents or Indebtedness of one or more Foreign Subsidiaries or cash or Cash Equivalents related thereto. 

“Excluded Tax” means with respect to any Secured Party (a) Taxes measured by net income (including branch profit
Taxes) and franchise Taxes imposed in lieu of net income Taxes, in each case imposed by the jurisdiction (or any subdivision thereof) where such Secured Party is organized or has its Lending Office or as a result of a present or former connection
between such Secured Party and the jurisdiction of the Governmental Authority imposing such tax or any political subdivision or taxing authority thereof or therein (other than such connection arising solely from any Secured Party having executed,
delivered or performed its obligations or received a payment under, or enforced, any Loan Document); (b) withholding Taxes to the extent that the obligation to withhold amounts arises under Requirements of Law that existed on the date that such
Person became a “Secured Party” under this Agreement in the capacity under which such Person makes a claim under Section 10.1(b) or designates a new Lending Office, except in each case to the extent such Person is an assignee
(other than pursuant to Section 9.22) of any other Secured Party that was entitled, at the time the assignment to such Person became effective, to receive additional amounts under Section 10.1(b); (c) Taxes attributable
to the failure (other than as a result of a change in any Requirement of Law) by any Secured Party to deliver the documentation required to be delivered pursuant to Section 10.1(f), and (d) in the case of a Non-U.S. Lender Party,
any United States federal withholding Taxes imposed pursuant to FATCA. 
 “Existing Indebtedness” means the
Indebtedness of the Credit Parties under the Existing Loan Documents. 
 “E-Fax” means any system used to
receive or transmit faxes electronically. 
 “E-Signature” means the process of attaching to or logically
associating with an Electronic Transmission an electronic symbol, encryption, digital signature or process (including the name or an abbreviation of the name of the party transmitting the Electronic Transmission) with the intent to sign,
authenticate or accept such Electronic Transmission. 
 “E-System” means any electronic system approved by
Agent, including SyndTrak® and ClearPar® and any other Internet or extranet-based site, whether such electronic system is 

  
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owned, operated or hosted by Agent, any of its Related Persons or any other Person, providing for access to data protected by passcodes or other security system. 

“FATCA” means sections 1471, 1472, 1473 and 1474 of the Code (including any amendments thereto or successor version
thereof which is substantially comparable), the United States Treasury Regulations promulgated thereunder, published guidance with respect thereto, and any agreement entered into pursuant to Section 1471(b)(1) of the Code. 

“Federal Flood Insurance” means federally backed Flood Insurance available under the National Flood Insurance Program to
owners of real property improvements located in Special Flood Hazard Areas in a community participating in the National Flood Insurance Program. 
 “Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal Funds transactions with members of the Federal Reserve System
arranged by Federal Funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day, provided that if no such rate is so published on such next succeeding Business Day, the Federal Funds
Rate for such day shall be the average rate quoted to Agent on such day on such transactions as determined by Agent in a commercially reasonable manner. 
 “Federal Reserve Board” means the Board of Governors of the Federal Reserve System, or any entity succeeding to any of its principal functions. 

“FEMA” means the Federal Emergency Management Agency, a component of the U.S. Department of Homeland Security that
administers the National Flood Insurance Program. 
 “Final CAPEX Loan Availability Date” means
February 28, 2014. 
 “Final Revolving Loan Availability Date” means the earlier of the Revolving
Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date. 
 “FIRREA” means the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended. 
 “First CAPEX Loan Payment Date” means the date that is the earlier of (i) April 1, 2014, and (ii) the first day of the second Fiscal Quarter following the date on which the
aggregate Borrowings under the CAPEX Loan are $110,000,000. 
 “First Tier Foreign Subsidiary” means a Foreign
Subsidiary held directly by a Credit Party. 
 “Fiscal Quarter” means any of the quarterly accounting periods
of the Credit Parties ending on March 31, June 30, September 30 and December 31 of each year. 

“Fiscal Year” means any of the annual accounting periods of the Credit Parties ending on December 31 of each year.

  
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 “Flood Insurance” means, for any Real Estate located in a Special Flood
Hazard Area, Federal Flood Insurance or private insurance that meets the requirements set forth by FEMA in its Mandatory Purchase of Flood Insurance Guidelines. Flood Insurance shall be in an amount equal to the full, unpaid balance of the
Loans and any prior liens on the Real Estate up to the maximum policy limits set under the National Flood Insurance Program, or as otherwise required by Agent, with deductibles not to exceed $50,000. 

“Foreign Subsidiary” means, with respect to any Person, a Subsidiary of such Person, which Subsidiary is not a Domestic
Subsidiary. 
 “GAAP” means generally accepted accounting principles in the United States set forth from time
to time in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board (or agencies with similar
functions of comparable stature and authority within the accounting profession), including, without limitation, the FASB Accounting Standards CodificationTM, which are applicable to the circumstances as of the date of determination, subject to
Section 11.3 hereof. 
 “Governmental Authority” means any nation or government, any state or other
political subdivision thereof, any central bank (or similar monetary or regulatory authority) thereof, any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, and any corporation
or other entity owned or controlled, through stock or capital ownership or otherwise, by any of the foregoing. 

“GP” means Rentech Nitrogen GP, LLC, a Delaware limited liability company. 

“Guaranty and Security Agreement” means that certain Guaranty and Security Agreement, dated as of even date herewith, in
form and substance reasonably acceptable to Agent and Borrowers, made by the Credit Parties in favor of Agent, for the benefit of the Secured Parties, as the same may be amended, restated or modified from time to time. 

“Hazardous Materials” means any hazardous or toxic substances, wastes or other pollutants that are regulated as
“hazardous” or “toxic,” or as a “pollutant” or a “contaminant” under any Environmental Law, including but not limited to any “Hazardous Waste” as defined by the Resource Conservation and Recovery Act
(RCRA) (42 U.S.C. § 6901 et seq. (1976)), any “Hazardous Substance” as defined under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) (42 U.S.C. §9601 et seq. (1980)), including petroleum
hydrocarbons or petroleum products, asbestos, asbestos containing material, polychlorinated biphenyls, mold, and radioactive substances or any other substance that is toxic, ignitable, reactive, corrosive, caustic, or dangerous. 

“Impacted Lender” means any Lender that fails to provide Agent, within three (3) Business Days following
Agent’s written request, satisfactory assurance that such Lender will not become a Non-Funding Lender, or any Lender that has a Person that directly or indirectly controls such Lender and such Person (a) becomes subject to a voluntary or
involuntary case under the Bankruptcy Code or any similar bankruptcy laws, (b) has appointed a custodian, conservator, receiver or similar official for such Person or any substantial part of such Person’s

  
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assets, or (c) makes a general assignment for the benefit of creditors, is liquidated, or is otherwise adjudicated as, or determined by any Governmental Authority having regulatory authority
over such Person or its assets to be, insolvent or bankrupt, and for each of clauses (a) through (c), Agent has determined that such Lender is reasonably likely to become a Non-Funding Lender. For purposes of this definition,
control of a Person shall have the same meaning as in the second sentence of the definition of Affiliate. 

“Indebtedness” of any Person means, without duplication: (a) all indebtedness for borrowed money; (b) all
obligations issued, undertaken or assumed as the deferred purchase price of Property or services (other than trade payables entered into in the Ordinary Course of Business), including earnouts (valued at the amount required to be classified as a
liability on the balance sheet of such Person in accordance with GAAP); (c) the face amount of all letters of credit issued for the account of such Person and without duplication, all drafts drawn thereunder and all reimbursement or payment
obligations with respect to letters of credit, surety bonds and other similar instruments issued by such Person; (d) all obligations evidenced by notes, bonds, debentures or similar instruments, including obligations so evidenced incurred in
connection with the acquisition of Property, assets or businesses; (e) all indebtedness created or arising under any conditional sale or other title retention agreement, or incurred as financing, in either case with respect to Property acquired
by the Person (even though the rights and remedies of the seller or bank under such agreement in the event of default are limited to repossession or sale of such Property); (f) all Capital Lease Obligations; (g) the principal balance
outstanding under any synthetic lease, off-balance sheet loan or similar off balance sheet financing product; (h) all obligations, whether or not contingent, to purchase, redeem, retire, defease or otherwise acquire for value any of its own
Stock or Stock Equivalents (or any Stock or Stock Equivalent of a direct or indirect parent entity thereof) prior to the date that is 180 days after the latest of (i) the final scheduled installment payment date for the Term Loan, (ii) the
Revolving Termination Date or (iii) CAPEX Loan Termination Date, valued at, in the case of redeemable preferred Stock, the greater of the voluntary liquidation preference and the involuntary liquidation preference of such Stock plus accrued and
unpaid dividends; (i) all indebtedness referred to in clauses (a) through (h) above secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien upon
or in Property (including accounts and contracts rights) owned by such Person, even though such Person has not assumed or become liable for the payment of such indebtedness; and (j) all Contingent Obligations described in clause
(a) of the definition thereof in respect of indebtedness or obligations of others of the kinds referred to in clauses (a) through (i) above. 
 “Indemnified Taxes” means all Taxes other than Excluded Taxes. 

“Insolvency Proceeding” means (a) any case, action or proceeding before any court or other Governmental Authority
relating to bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors, or (b) any general assignment for the benefit of creditors, composition, marshaling of assets for creditors, or other,
similar arrangement in respect of its creditors generally or any substantial portion of its creditors; in each case in (a) and (b) above, undertaken under U.S. federal, state or foreign law, including the Bankruptcy Code. 

  
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 “Intellectual Property” means all rights, title and interests in or
relating to intellectual property arising under any Requirement of Law and all IP Ancillary Rights relating thereto, including all Copyrights, Patents, Software, Trademarks, Internet Domain Names, Trade Secrets and IP Licenses. 

“Interest Payment Date” means, (a) with respect to any LIBOR Rate Loan (other than a LIBOR Rate Loan having an
Interest Period of six (6) months) the last day of each Interest Period applicable to such Loan, (b) with respect to any LIBOR Rate Loan having an Interest Period of six (6) months, the last day of each three (3) month interval
and, without duplication, the last day of such Interest Period, and (c) with respect to Base Rate Loans (including Swingline Loans) the first day of each Fiscal Quarter. 
 “Interest Period” means, with respect to any LIBOR Rate Loan, the period commencing on the Business Day such Loan is disbursed or continued or on the Conversion Date on which a Base Rate
Loan is converted to the LIBOR Rate Loan and ending on the date one, two, three or six months thereafter, as selected by Borrower Representative in its Notice of Borrowing or Notice of Conversion/Continuation; provided that: 

(a) if any Interest Period pertaining to a LIBOR Rate Loan would otherwise end on a day which is not a Business Day, that Interest Period
shall be extended to the next succeeding Business Day unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day;

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

(c) no Interest Period for Term Loans or CAPEX Loans shall extend beyond the last scheduled payment date therefor and no Interest Period
for any Revolving Loan shall extend beyond the Revolving Termination Date; and 
 (d) no Interest Period applicable to the Term
Loans or CAPEX Loans or portion thereof shall extend beyond any date upon which is due any scheduled principal payment in respect of the Term Loans or CAPEX Loans, as applicable, unless the aggregate principal amount of the Term Loans or CAPEX
Loans, as applicable, represented by Base Rate Loans or by LIBOR Rate Loans having Interest Periods that will expire on or before such date is equal to or in excess of the amount of such principal payment. 

“Internet Domain Name” means all right, title and interest (and all related IP Ancillary Rights) arising under any
Requirement of Law in or relating to internet domain names. 
 “Inventory” means all of the
“inventory” (as such term is defined in the UCC) of Borrowers and their Subsidiaries, including, but not limited to, all merchandise, raw materials, parts, supplies, work in process and finished goods intended for sale, together
with all the containers, packing, packaging, shipping and similar materials related thereto, and including 

  
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such inventory as is temporarily out of a Borrower’s or such Subsidiary’s custody or possession, including inventory on the premises of others and items in transit. 

“IP Ancillary Rights” means, with respect to any other Intellectual Property, as applicable, all foreign counterparts
to, and all divisionals, reversions, continuations, continuations-in-part, reissues, reexaminations, renewals and extensions of, such Intellectual Property and all income, royalties, proceeds and Liabilities at any time due or payable or asserted
under or with respect to any of the foregoing or otherwise with respect to such Intellectual Property, including all rights to sue or recover at law or in equity for any past, present or future infringement, misappropriation, dilution, violation or
other impairment thereof, and, in each case, all rights to obtain any other IP Ancillary Right. 
 “IP License”
means all Contractual Obligations (and all related IP Ancillary Rights), whether written or oral, granting any right, title and interest in or relating to any Intellectual Property. 

“IRS” means the Internal Revenue Service of the United States and any successor thereto. 

“Issue” means, with respect to any Letter of Credit, to issue, extend the expiration date of, renew (including by
failure to object to any automatic renewal on the last day such objection is permitted), increase the face amount of, or reduce or eliminate any scheduled decrease in the face amount of, such Letter of Credit, or to cause any Person to do any of the
foregoing. The terms “Issued” and “Issuance” have correlative meanings. 
 “Joinder
Agreement” means a joinder agreement executed by any Person to become a Borrower under the Credit Agreement and a Grantor under the Guaranty and Security Agreement in the form of Exhibit 11.1(f). 

“Joint Venture” means an investment (including capital contributions or capital commitments) by a Credit Party in any
corporation, general or limited partnership or other type of entity with one or more Joint Venture Partners in which such Credit Party owns, directly or indirectly, 50% or less of the outstanding Stock or interest in such corporation, partnership or
other entity. 
 “Joint Venture Certificate” means a certificate substantially in the form of Exhibit
5.4. 
 “Joint Venture Partner” means a Person that is not an Affiliate of a Credit Party that makes an
investment in a Joint Venture with a Credit Party. 
 “L/C Issuer” means any Lender or an Affiliate thereof or
a bank or other legally authorized Person, in each case, reasonably acceptable to Agent, in such Person’s capacity as an issuer of Letters of Credit hereunder. 
 “L/C Reimbursement Obligation” means, for any Letter of Credit, the obligation of Borrowers to the L/C Issuer thereof or to Agent, as and when matured, to pay all amounts drawn under such
Letter of Credit. 

  
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 “Leased Real Estate” shall mean the parcels of land more fully described on
Schedule 3.9, under the heading “Leased Real Estate”, together with all plants, buildings, structures, installations, fixtures, fittings, improvements, betterments and additions situated thereon, all privileges and
appurtenances thereto, all easements and rights-of-way used or useful in connection therewith, and all rights and privileges under the Real Estate Leases thereto. 
 “Lending Office” means, with respect to any Lender, the office or offices of such Lender specified as its “Lending Office” beneath its name on the applicable signature page
hereto, or such other office or offices of such Lender as it may from time to time notify Borrower Representative and Agent. 

“Letter of Credit” means documentary or standby letters of credit Issued for the account of Borrowers by L/C Issuers,
and bankers’ acceptances issued by a Borrower, for which Agent and Lenders have incurred Letter of Credit Obligations. 

“Letter of Credit Obligations” means all outstanding obligations incurred by Agent and Lenders at the request of
Borrowers or Borrower Representative, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by L/C Issuers or the purchase of a participation as set forth in
Section 1.1(c) with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent and Lenders thereupon or pursuant thereto. 

“Liabilities” means all claims, actions, suits, judgments, damages, losses, liability, obligations, responsibilities,
fines, penalties, sanctions, costs, fees, taxes, commissions, charges, disbursements and expenses, in each case of any kind or nature (including interest accrued thereon or as a result thereto and fees, charges and disbursements of financial, legal
and other advisors and consultants), whether joint or several, whether or not indirect, contingent, consequential, actual, punitive, treble or otherwise. 
 “LIBOR” means, for each Interest Period, the offered rate per annum for deposits of Dollars for the applicable Interest Period that appears on Reuters Screen LIBOR01 Page as of 11:00 A.M.
(London, England time) two (2) Business Days prior to the first day in such Interest Period. If no such offered rate exists, such rate will be the rate of interest per annum, as determined by Agent at which deposits of Dollars in immediately
available funds are offered at 11:00 A.M. (London, England time) two (2) Business Days prior to the first day in such Interest Period by major financial institutions reasonably satisfactory to Agent in the London interbank market for such
Interest Period for the applicable principal amount on such date of determination. 
 “LIBOR Rate Loan” means a
Loan that bears interest based on LIBOR. 
 “Lien” means any mortgage, deed of trust, pledge, hypothecation,
assignment, charge or deposit arrangement, encumbrance, lien (statutory or otherwise) or preference, priority or other security interest or preferential arrangement of any kind or nature whatsoever (including those created by, arising under or
evidenced by any conditional sale or other title retention agreement, the interest of a lessor under a Capital Lease, any financing lease having substantially the same economic effect as any of the foregoing, or the filing of any financing statement
naming the 

  
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owner of the asset to which such lien relates as debtor, under the UCC or any comparable law) and any contingent or other agreement to provide any of the foregoing, but not including the interest
of a lessor under a lease which is not a Capital Lease. 
 “Loan” means an extension of credit by a Lender to
Borrowers pursuant to Article I, and may be a Base Rate Loan or a LIBOR Rate Loan. 
 “Loan Documents”
means this Agreement, the Notes, the Fee Letter, the Collateral Documents, the Master Agreement for Standby Letters of Credit, the Master Agreement for Documentary Letters of Credit and all documents executed or acknowledged by a Credit Party and
delivered to Agent or any Lender in connection with any of the foregoing. 
 “Margin Stock” means
“margin stock” as such term is defined in Regulation T, U or X of the Federal Reserve Board. 

“Material Adverse Effect” means: (a) a material adverse change in, or a material adverse effect upon, the
operations, business, Properties, condition (financial or otherwise) or prospects of any Credit Party or the Credit Parties and their Subsidiaries taken as a whole; (b) a material impairment of the ability of any Credit Party, any Subsidiary of
any Credit Party or any other Person (other than Agent or Lenders) to perform in any material respect its obligations under any Loan Document; or (c) a material adverse effect upon (i) the legality, validity, binding effect or
enforceability of any Loan Document, or (ii) the perfection or priority of any Lien granted to the Lenders or to Agent for the benefit of the Secured Parties under any of the Collateral Documents. 

“Material Environmental Liabilities” means Environmental Liabilities exceeding $5,000,000 in the aggregate. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Mortgage” means any deed of trust, leasehold deed of trust, mortgage, leasehold mortgage, deed to secure debt,
leasehold deed to secure debt or other document creating a Lien on Real Estate or any interest in Real Estate. 

“Multiemployer Plan” means any multiemployer plan, as defined in Section 3(37) or 4001(a)(3) of ERISA, as to which
any ERISA Affiliate incurs or otherwise has any Liability, contingent or otherwise. 
 “National Flood Insurance
Program” means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the
purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program. 

“Net Proceeds” means proceeds in cash, checks or other cash equivalent financial instruments (including Cash
Equivalents) as and when received by the Person making a Disposition and insurance proceeds and condemnation and similar awards received on account of an Event of Loss, net of: (a) in the event of a Disposition (i) the direct costs
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Disposition excluding amounts payable to (A) any Borrower or any Subsidiary of any Borrower or (B) Rentech unless such payment has been approved by the Conflicts Committee (as defined
in the Partnership Agreement), (ii) Taxes paid or payable as a result thereof (estimated reasonably and in good faith by the Borrowers), and (iii) amounts required to be applied to repay principal, interest and prepayment premiums and
penalties on Indebtedness secured by a Lien on the asset which is the subject of such Disposition and (b) in the event of an Event of Loss, (i) all money actually applied or to be applied to repair or reconstruct the damaged Property or
Property affected by the condemnation or taking, (ii) all of the costs and expenses reasonably incurred in connection with the collection of such proceeds, award or other payments, and (iii) any amounts retained by or paid to parties
having superior rights to such proceeds, awards or other payments. 
 “Non-Funding Lender” means any Lender
that has (a) failed to fund any payments required to be made by it under the Loan Documents within two (2) Business Days after any such payment is due (excluding expense and similar reimbursements that are subject to good faith disputes),
(b) given written notice (and Agent has not received a revocation in writing), to any Borrower, Agent, any Lender, or the L/C Issuer or has otherwise publicly announced (and Agent has not received notice of a public retraction) that such Lender
believes it will fail to fund payments or purchases of participations required to be funded by it under the Loan Documents or one or more other syndicated credit facilities, (c) failed to fund, and not cured, loans, participations, advances, or
reimbursement obligations under one or more other syndicated credit facilities, unless subject to a good faith dispute, or (d) any Lender that has (i) become subject to a voluntary or involuntary case under the Bankruptcy Code or any
similar bankruptcy laws, (ii) a custodian, conservator, receiver or similar official appointed for it or any substantial part of such Person’s assets, or (iii) made a general assignment for the benefit of creditors, been liquidated,
or otherwise been adjudicated as, or determined by any Governmental Authority having regulatory authority over such Person or its assets to be, insolvent or bankrupt, and for clause (d), and Agent has determined that such Lender is reasonably
likely to fail to fund any payments required to be made by it under the Loan Documents; provided that a Lender shall not be a Non-Funding Lender solely by virtue of the ownership or acquisition of any Stock in such Lender or any direct or
indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or
writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Agent that a Lender is a Non-Funding
Lender under any one or more of clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Non-Funding Lender (subject to Section 1.11(e)(v)) upon
delivery of written notice of such determination to the Borrower Representative and each Lender. 
 “Non-U.S. Lender
Party” means each of Agent, each Lender, each L/C Issuer, each SPV and each participant, in each case that is not a United States person as defined in Section 7701(a)(30) of the Code. 

“Note” means any Revolving Note, Swingline Note, CAPEX Note, Term Note and “Notes” means all such Notes.

  
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 “Notice of Borrowing” means a notice given by Borrower Representative to
Agent pursuant to Section 1.5, in substantially the form of Exhibit 1.5 hereto. 

“Obligations” means all Loans, and other Indebtedness, advances, debts, liabilities, obligations, covenants and duties
owing by any Credit Party to any Lender, Agent, any L/C Issuer, any Secured Swap Provider, any provider of the types of Bank Products referenced in clause (a) of the definition of “Bank Products” or any other Person required to be
indemnified, that arises under any Loan Document, any Secured Rate Contract or the types of Bank Products referenced in clause (a) of the definition of “Bank Products” whether or not for the payment of money, whether arising by reason
of an extension of credit, loan, guaranty, indemnification or in any other manner, whether direct or indirect (including those acquired by assignment), absolute or contingent, due or to become due, now existing or hereafter arising and however
acquired. 
 “Ordinary Course of Business” means, in respect of any transaction involving any Person, the
ordinary course of such Person’s business, as conducted by any such Person and undertaken by such Person in good faith and not for purposes of evading any covenant or restriction in any Loan Document. 

“Organization Documents” means, (a) for any corporation, the certificate or articles of incorporation, the bylaws,
any certificate of determination or instrument relating to the rights of preferred shareholders of such corporation, and any shareholder rights agreement, (b) for any partnership, the partnership agreement and, if applicable, certificate of
limited partnership, (c) for any limited liability company, the operating agreement and articles or certificate of formation or (d) any other document setting forth the manner of election or duties of the officers, directors, managers or
other similar persons, or the designation, amount or relative rights, limitations and preference of the Stock of a Person. 

“Panamax Dock” means a dock area permitted for Panamax size vessels. 

“Partnership Agreement” means that certain Third Amended and Restated Agreement of Limited Partnership of Rentech
Nitrogen Partnership, L.P., dated as of October 31, 2012, by and among GP and the other Persons party thereto from time to time. 
 “Patents” means all rights, title and interests (and all related IP Ancillary Rights) arising under any Requirement of Law in or relating to letters patent and applications therefor.

 “Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism Act of 2001, P.L. 107-56, as amended. 
 “PBGC” means the United States
Pension Benefit Guaranty Corporation any successor thereto. 
 “Permits” means, with respect to any Person, any
permit, approval, authorization, license, registration, certificate, concession, grant, franchise, variance or permission from, and any other Contractual Obligations with, any Governmental Authority, in each case whether or not having the force of
law and applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject. 

  
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 “Permitted Acquisition” means any Acquisition by (i) a Credit Party
(other than Partnership) of substantially all of the assets of a Target, which assets are located in the United States or (ii) a Credit Party of more than 50% of the Stock and Stock Equivalents of a Target organized under the laws of any State
in the United States or the District of Columbia, in each case, to the extent that each of the following conditions shall have been satisfied: 
 (a) to the extent the Acquisition will be financed in whole or in part with the proceeds of any Loan, the conditions set forth in Section 2.2 shall have been satisfied; 

(b) Borrower Representative shall have notified Agent and Lenders of such proposed Acquisition at least ten (10) Business Days prior
to the consummation thereof and furnished to Agent and Lenders at least five (5) Business Days prior to the consummation thereof (1) an executed term sheet or letter of intent (setting forth in reasonable detail the terms and conditions of
such Acquisition) and, at the request of Agent, such other information and documents that Agent may request, including, without limitation, executed counterparts of the respective agreements, documents or instruments pursuant to which such
Acquisition is to be consummated (including, without limitation, any related management, non-compete, employment, option or other material agreements), any schedules to such agreements, documents or instruments and all other material ancillary
agreements, instruments and documents to be executed or delivered in connection therewith, (2) pro forma financial statements of Partnership and its Subsidiaries after giving effect to the consummation of such Acquisition, (3) a
certificate of a Responsible Officer of Borrower Representative demonstrating on a pro forma basis compliance with the covenants set forth in Sections 6.1 and 6.2 after giving effect to the consummation of such Acquisition, and
(4) copies of such other agreements, instruments and other documents as Agent reasonably shall request; 
 (c) Borrowers
and their Subsidiaries (including any new Subsidiary) shall execute and deliver the agreements, instruments and other documents required by Section 4.13 and Agent shall have received, for the benefit of the Secured Parties, a collateral
assignment of the seller’s representations, warranties and indemnities to Borrowers or any of their Subsidiaries under the acquisition documents; 
 (d) such Acquisition shall not be hostile and shall have been approved by the board of directors (or other similar body) or the stockholders or other equityholders of the Target; 

(e) no Default or Event of Default shall then exist or would exist after giving effect thereto; 

(f) after giving effect to such Acquisition, the Availability shall be not less than $10,000,000; 

(g) the total consideration paid or payable (including all transaction costs, assumed Indebtedness and Liabilities incurred, assumed or
reflected on a consolidated balance sheet of the Credit Parties and their Subsidiaries after giving effect to such Acquisition and the maximum amount of all deferred payments, including earnouts) for all Acquisitions consummated during the term of
this Agreement shall not exceed $4,000,000 in the aggregate for all such Acquisitions; and 

  
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 (h) the Target has EBITDA, subject to pro forma adjustments acceptable to Agent, for the
most recent four quarters prior to the acquisition date for which financial statements are available, greater than zero. 

“Permitted Dividend/Distribution Certificate” means a certificate substantially in the form of Exhibit 5.11.

 “Permitted Refinancing” means Indebtedness constituting a refinancing or extension of Indebtedness permitted
under Section 5.5(c) or 5.5(d) that (a) has an aggregate outstanding principal or commitment amount not greater than the aggregate principal or commitment amount of the Indebtedness being refinanced or extended, (b) has
a weighted average maturity (measured as of the date of such refinancing or extension) and maturity no shorter than that of the Indebtedness being refinanced or extended, (c) is not entered into as part of a sale leaseback transaction,
(d) is not secured by a Lien on any assets other than the collateral securing the Indebtedness being refinanced or extended, (e) the obligors of which are the same (or reduced) as the obligors of the Indebtedness being refinanced or
extended and (f) is otherwise on terms not materially less favorable to the Credit Parties, taken as a whole, than those of the Indebtedness being refinanced or extended. 
 “Permitted Sale/Leaseback Transactions” means the sale of personal property by a Person with the intent to lease such personal property as lessee; provided that the value of all personal
property sold does not exceed $1,000,000 in the aggregate for all such transactions. 
 “Person” means an
individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture or Governmental Authority. 

“Prior Lender” means Regions Bank. 
 “Project” means the expansion project for the plant located at 16675 U.S. Route 20 West, East Dubuque, Illinois. 
 “Property” means any interest in any kind of property or asset, whether real, personal or mixed, and whether tangible or intangible, including the Real Estate. 

“Rate Contracts” means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and
any other agreements or arrangements designed to provide protection against fluctuations in interest or currency exchange rates but excluding Commodity Agreements. 
 “RDC” means Rentech Development Corporation, a Colorado corporation. 
 “Real Estate” means, collectively, the Owned Real Estate and Leased Real Estate. 
 “Real Estate Leases” shall mean all leases, lease guaranties, subleases, licenses, easements, and agreements, whether written or oral, for the leasing, use or occupancy of, or otherwise
granting a right in or relating to the Leased Real Estate, including all amendments, terminations and modifications thereof. 

  
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 “Registration Statement” shall mean that certain Form S-1 Registration
Statement No. 333-176065 filed on August 5, 2011, as amended from time to time. 
 “Related
Agreements” means the Acquisition Agreement and all agreements and documents executed and delivered in connection therewith. 
 “Related Persons” means, with respect to any Person, each Affiliate of such Person and each director, officer, employee, agent, trustee, representative, attorney, accountant and each
insurance, environmental, legal, financial and other advisor (including those retained in connection with the satisfaction or attempted satisfaction of any condition set forth in Article II) and other consultants and agents of or to such
Person or any of its Affiliates. 
 “Related Transactions” means the transactions contemplated by the Related
Agreements and includes the AL Acquisition. 
 “Releases” means any release, spill, emission, leaking, pumping,
pouring, emptying, injection, deposit, disposal, discharge, dispersal, dumping, leaching or migration of Hazardous Material into or through the environment. 
 “Remedial Action” means all actions required to (a) clean up, remove, treat or in any other way address any Hazardous Material in the indoor or outdoor environment, (b) prevent
or minimize any Release so that a Hazardous Material does not migrate or endanger or threaten to endanger public health or welfare or the indoor or outdoor environment or (c) perform pre remedial studies and investigations and post-remedial
monitoring and care with respect to any Hazardous Material. 
 “Rentech” means Rentech, Inc., a Colorado
corporation. 
 “Required CAPEX Lenders” means at any time (a) Lenders then holding more than fifty
percent (50%) of the sum of the Aggregate CAPEX Loan Commitment then in effect, or (b) if the Aggregate CAPEX Loan Commitments have terminated, Lenders then holding more than fifty percent (50%) of the sum of the aggregate unpaid
principal amount of CAPEX Loans then outstanding. 
 “Required Lenders” means (a)(i) at any time on or prior to
the Final CAPEX Loan Availability Date, Lenders then holding more than fifty percent (50%) of the sum of the Commitments (other than the Term Loan Commitments) then in effect and the aggregate unpaid principal amount of the Term Loan or
(ii) at any time subsequent to the Final CAPEX Loan Availability Date, Lenders then holding more than fifty percent (50%) of the sum of the Revolving Loan Commitment then in effect and the aggregate unpaid principal amount of the Term
Loans and the aggregate unpaid principal amount of the CAPEX Loan, or (b) if the Aggregate Revolving Loan Commitment, the Aggregate Term Loan Commitment or the Aggregate CAPEX Loan Commitment have terminated, Lenders then holding more than
fifty percent (50%) of the sum of the aggregate unpaid principal amount of Term Loan then outstanding, the Revolving Loans then outstanding, outstanding Letter of Credit Obligations, amounts of participations in Swingline Loans and the
principal amount of the unparticipated portions of Swingline Loans or the aggregate unpaid principal amount of the CAPEX Loans then outstanding, as applicable. 

  
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 “Required Revolving Lenders” means at any time (a) Lenders then
holding more than fifty percent (50%) of the sum of the Aggregate Revolving Loan Commitment then in effect, or (b) if the Aggregate Revolving Loan Commitments have terminated, Lenders then holding more than fifty percent (50%) of the
sum of the aggregate unpaid principal amount of Revolving Loans (other than Swingline Loans) then outstanding, outstanding Letter of Credit Obligations, amounts of participations in Swingline Loans and the principal amount of the unparticipated
portions of Swingline Loans. 
 “Requirement of Law” means, as to any Person, any law (statutory or common),
ordinance, treaty, rule, regulation, order, other legal requirement or determination of an arbitrator or of a Governmental Authority, in each case applicable to or binding upon such Person or any of its Property or to which such Person or any of its
Property is subject. 
 “Responsible Officer” means the chief executive officer or the president of a Borrower
or Borrower Representative, as applicable, or any other officer having substantially the same authority and responsibility; or, with respect to compliance with financial covenants or delivery of financial information, the chief financial officer,
the treasurer, principal accounting officer, assistant treasurer or controller of a Borrower or Borrower Representative, as applicable, or any other officer having substantially the same authority and responsibility. 

“Revolving Commitment Percentage” means, as to any Revolving Lender, the percentage equivalent of such Lender’s
Revolving Loan Commitment divided by the Aggregate Revolving Loan Commitment; provided, that following acceleration of the Loans, such term means, as to any Revolving Lender, the percentage equivalent of the principal amount of the Revolving
Loans held by such Lender, divided by the aggregate principal amount of the Revolving Loans held by all Lenders. 

“Revolving Lender” means each Lender with a Revolving Loan Commitment (or if the Revolving Loan Commitments have
terminated, who hold Revolving Loans or participations in Swingline Loans or Letter of Credit Obligations). 

“Revolving Note” means a promissory note of Borrowers payable to a Lender in substantially the form of Exhibit
11.1(c), evidencing Indebtedness of Borrowers under the Revolving Loan Commitment of such Lender. 
 “Revolving
Termination Date” means the earlier to occur of: (a) October 31, 2017; and (b) the date on which the Aggregate Revolving Loan Commitment shall terminate in accordance with the provisions of this Agreement. 

“RNHI” means Rentech Nitrogen Holdings, Inc., a Delaware corporation. 

“S&P” means Standard & Poor’s Rating Services. 

“Secured Party” means Agent, each Lender, each L/C Issuer, each other Indemnitee and each other holder of any Obligation
of a Credit Party including each Secured Swap Provider. 
 “Secured Rate Contract” means any Rate Contract
between a Borrower and the counterparty thereto, which (i) has been provided or arranged by GE Capital or an Affiliate of 

  
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GE Capital, or (ii) Agent has acknowledged in writing constitutes a “Secured Rate Contract” hereunder. 
 “Secured Swap Provider” means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate
Contract) who has entered into a Secured Rate Contract with a Borrower, or (ii) a Person with whom a Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

 “Software” means (a) all computer programs, including source code and object code versions,
(b) all data, databases and compilations of data, whether machine readable or otherwise, and (c) all documentation, training materials and configurations related to any of the foregoing. 

“Solvent” means, with respect to any Person as of any date of determination, that, as of such date, (a) the value
of the assets of such Person (both at fair value and present fair saleable value) is greater than the total amount of liabilities (including contingent and unliquidated liabilities) of such Person, (b) such Person is able to pay all liabilities
of such Person as such liabilities mature and (c) such Person does not have unreasonably small capital. In computing the amount of contingent or unliquidated liabilities at any time, such liabilities shall be computed at the amount that, in
light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. 
 “Special Flood Hazard Area” means an area that FEMA’s current flood maps indicate has at least a one percent (1%) chance of a flood equal to or exceeding the base flood
elevation (a 100-year flood) in any given year. 
 “SPV” means any special purpose funding vehicle identified
as such in a writing by any Lender to Agent. 
 “Stock” means all shares of capital stock (whether denominated
as common stock or preferred stock), equity interests, beneficial, partnership or membership interests, joint venture interests, participations or other ownership or profit interests in or equivalents (regardless of how designated) of or in a Person
(other than an individual), whether voting or non-voting. 
 “Stock Equivalents” means all securities
convertible into or exchangeable for Stock or any other Stock Equivalent and all warrants, options or other rights to purchase, subscribe for or otherwise acquire any Stock or any other Stock Equivalent, whether or not presently convertible,
exchangeable or exercisable. 
 “Subordinated Indebtedness” means Indebtedness of any Credit Party or any
Subsidiary of any Credit Party which is subordinated to the Obligations as to right and time of payment and as to other rights and remedies thereunder and having such other terms as are, in each case, reasonably satisfactory to Agent. 

“Subsidiary” of a Person means any corporation, association, limited liability company, partnership, joint venture or
other business entity of which more than fifty percent (50%) of the 

  
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voting Stock, is owned or controlled directly or indirectly by the Person, or one or more of the Subsidiaries of the Person, or a combination thereof. 

“Supermajority Lenders” means Lenders having (a) more than 75% of the Commitments of all Lenders, or (b) if
the Commitments have been terminated, more than 75% of the aggregate outstanding amount of the Loans. 
 “Supplemental
Purchase Price” shall have the meaning assigned to such term in the Acquisition Agreement. 
 “Swingline
Commitment” means $2,500,000. 
 “Swingline Lender” means, each in its capacity as Swingline Lender
hereunder, GE Capital or, upon the resignation of GE Capital as Agent hereunder, any Lender (or Affiliate or Approved Fund of any Lender) that agrees, with the approval of Agent (or, if there is no such successor Agent, the Required Lenders) and the
Borrowers, to act as the Swingline Lender hereunder. 
 “Swingline Note” means a promissory note of the
Borrowers payable to the Swingline Lender, in substantially the form of Exhibit 11.1(d), evidencing the Indebtedness of the Borrowers to the Swingline Lender resulting from the Swingline Loans made to the Borrowers by the Swingline
Lender. 
 “Target” means any other Person or business unit or asset group of any other Person acquired or
proposed to be acquired in an Acquisition. 
 “Term Lender” means each Lender with a Term Loan Commitment (or
if the Term Loan Commitments have terminated, that holds Term Loans). 
 “Term Note” means a promissory note of
the Borrowers payable to a Lender, in substantially the form of Exhibit 11.1(e) hereto, evidencing the Indebtedness of the Borrowers to such Lender resulting from the Term Loan made to the Borrowers by such Lender or its
predecessor(s). 
 “Texas Location” means AL’s Real Estate located at 2001 Jackson Road, Pasadena, County
of Harris, Texas 77506. 
 “Title IV Plan” means a pension plan subject to Title IV of ERISA, other than a
Multiemployer Plan, to which any ERISA Affiliate incurs or otherwise has any Liability, contingent or otherwise. 

“Trade Secrets” means all right, title and interest (and all related IP Ancillary Rights) arising under any Requirement
of Law in or relating to trade secrets. 
 “Trademark” means all rights, title and interests (and all related
IP Ancillary Rights) arising under any Requirement of Law in or relating to trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service marks,

  
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logos and other source or business identifiers and, in each case, all goodwill associated therewith, all registrations and recordations thereof and all applications in connection therewith.

 “UCC” means the Uniform Commercial Code as in effect from time to time in the State of New York. 

“United States” and “U.S.” each means the United States of America. 

“Unused Commitment Fee” means the Unused Revolving Commitment Fee and the Unused CAPEX Commitment Fee. 

“U.S. Lender Party” means each of Agent, each Lender, each L/C Issuer, each SPV and each participant, in each case that
is a United States person as defined in Section 7701(a)(30) of the Code. 
 “Wholly-Owned
Subsidiary” means any Subsidiary in which (other than directors’ qualifying shares required by law) one hundred percent (100%) of the Stock and Stock Equivalents, at the time as of which any determination is being made, is owned,
beneficially and of record, by any Credit Party, or by one or more of the other Wholly-Owned Subsidiaries, or both. 
 11.2
Other Interpretive Provisions. 
 (a) Defined Terms. Unless otherwise specified herein or therein, all terms
defined in this Agreement or in any other Loan Document shall have the defined meanings when used in any certificate or other document made or delivered pursuant hereto. The meanings of defined terms shall be equally applicable to the singular and
plural forms of the defined terms. Terms (including uncapitalized terms) not otherwise defined herein and that are defined in the UCC shall have the meanings therein described. 

(b) The Agreement. The words “hereof”, “herein”, “hereunder” and words of similar import when used
in this Agreement or any other Loan Document shall refer to this Agreement or such other Loan Document as a whole and not to any particular provision of this Agreement or such other Loan Document; and subsection, section, schedule and exhibit
references are to this Agreement or such other Loan Documents unless otherwise specified. 
 (c) Certain Common Terms.
The term “documents” includes any and all instruments, documents, agreements, certificates, indentures, notices and other writings, however evidenced. The term “including” is not limiting and means “including without
limitation.” 
 (d) Performance; Time. Whenever any performance obligation hereunder or under any other Loan
Document (other than a payment obligation) shall be stated to be due or required to be satisfied on a day other than a Business Day, such performance shall be made or satisfied on the next succeeding Business Day. In the computation of periods of
time from a specified date to a later specified date, the word “from” means “from and including”; the words “to” and “until” each mean “to but excluding”, and the word “through” means
“to and including.” If any provision of this Agreement or any other Loan Document refers to any action taken or to be taken by any Person, or which such Person is prohibited from taking, such

  
 120

 
provision shall be interpreted to encompass any and all means, direct or indirect, of taking, or not taking, such action. 
 (e) Contracts. Unless otherwise expressly provided herein or in any other Loan Document, references to agreements and other contractual instruments, including this Agreement and the other Loan
Documents, shall be deemed to include all subsequent amendments, thereto, restatements and substitutions thereof and other modifications and supplements thereto which are in effect from time to time, but only to the extent such amendments and other
modifications are not prohibited by the terms of any Loan Document. 
 (f) Laws. References to any statute or regulation
are to be construed as including all statutory and regulatory provisions related thereto or consolidating, amending, replacing, supplementing or interpreting the statute or regulation. 

11.3 Accounting Terms and Principles. All accounting determinations required to be made pursuant hereto shall, unless expressly
otherwise provided herein, be made in accordance with GAAP. No change in the accounting principles used in the preparation of any financial statement hereafter adopted by Partnership shall be given effect for purposes of measuring compliance with
any provision of Article V or VI unless Borrowers, Agent and the Required Lenders agree to modify such provisions to reflect such changes in GAAP and, unless such provisions are modified, all financial statements, Compliance
Certificates and similar documents provided hereunder shall be provided together with a reconciliation between the calculations and amounts set forth therein before and after giving effect to such change in GAAP. For the avoidance of doubt and in
accordance with the foregoing sentence, to the extent that a change in GAAP after the date hereof requires operating leases (as opposed to capital leases) to be treated as “indebtedness”, no such change in GAAP shall be given effect for
any purposes under the Loan Agreement or any other Loan Documents, and Indebtedness hereunder shall not include any such obligations under operating leases solely as a result of such change in GAAP. Notwithstanding any other provision contained
herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to in Article V and Article VI shall be made, without giving effect to any election under
Accounting Standards Codification 825-10 (or any other Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of any Credit Party or any Subsidiary of any Credit Party at “fair
value.” A breach of a financial covenant contained in Article VI shall be deemed to have occurred as of any date of determination by Agent or as of the last day of any specified measurement period, regardless of when the financial
statements reflecting such breach are delivered to Agent. 
 11.4 Payments. Agent may set up standards and procedures to
determine or redetermine the equivalent in Dollars of any amount expressed in any currency other than Dollars and otherwise may, but shall not be obligated to, rely on any determination made by any Credit Party or any L/C Issuer. Any such
determination or redetermination by Agent shall be conclusive and binding for all purposes, absent manifest error. No determination or redetermination by any Secured Party or any Credit Party and no other currency conversion shall change or release
any obligation of any Credit Party or of any Secured Party (other than Agent and its Related Persons) under any Loan Document, each of which agrees to pay separately for any shortfall remaining after any conversion and payment of the amount as
converted. Agent 

  
 121

 
may round up or down, and may set up appropriate mechanisms to round up or down, any amount hereunder to nearest higher or lower amounts and may determine reasonable de minimis payment
thresholds. 
 [Signature Pages Follow.] 

  
 122

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

			
	A BORROWER AND BORROWER REPRESENTATIVE:
	
	RENTECH NITROGEN, LLC
		
	By:	 	 /s/ Dan J. Cohrs

	Name:	 	 Dan J. Cohrs

	Title:	 	 Vice President and Treasurer

	
	FEIN: 36-3536929
	
	Address for notices:
	
	Rentech Nitrogen, LLC
	10877 Wilshire Boulevard, Suite 600
	Los Angeles, California 90024-4364
	Attn: Mr. Dan J. Cohrs
	Facsimile: (310) 208-7165
	
	Address for wire transfers:
	
	BMO Harris Bank
	111 West Monroe Street, 9 Central
	Chicago, Illinois 60603
	Account #: 386-163-0
	ABA #: 071000288
	Account Name: Rentech Nitrogen Partners LP

  
 Second
Amended and Restated Credit Agreement 

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

			
	GUARANTOR:
	
	RENTECH NITROGEN PARTNERS, L.P.
	
	By: Rentech Nitrogen GP, LLC
	Its:  General Partner
		
	By:	 	 /s/ Dan J. Cohrs

	Name:	 	 Dan J. Cohrs

	Title:	 	 Chief Financial Officer

	
	FEIN: 45-2714747
	
	Address for notices:
	
	Rentech Nitrogen Partners, L.P.
	10877 Wilshire Boulevard, Suite 600
	Los Angeles, California 90024-4364
	Attn: Mr. Dan J. Cohrs
	Facsimile: (310) 208-7165

  
 Second
Amended and Restated Credit Agreement 

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

			
	GENERAL ELECTRIC CAPITAL CORPORATION,
	as Agent, a Lender and Swingline Lender
		
	By:	 	 /s/ Scott James Lorimer

	Name:	 	 Scott James Lorimer

	Title:	 	 Duly Authorized Signatory

	
	Address for notices:
	
	General Electric Capital Corporation
	101 California Street, Suite 1500
	San Francisco, California 94111
	Attn: Rentech - Account Officer
	Facsimile: (415) 277-7447
	
	With a copy to:
	
	General Electric Capital Corporation
	Corporate Finance:
	10 Riverview Drive
	Danbury, Connecticut 06810
	Attn: Jill Zellmer
	Facsimile: (203) 749-4562
	
	And
	
	General Electric Capital Corporation
	12750 High Bluff Drive, Suite 200
	San Diego, California 92130
	Attn: Nicholas DeCorso, Esq.
	Facsimile: (858) 726-6221
	
	Address for payments:
	
	 Bank Name: Deutsche Bank Trust
 Company of Americas

	Bank Address: New York, New York
	Account Number: 50286377
	ABA #: 021-001-033
	Account Name: General Electric Capital Corporation

  
 Second
Amended and Restated Credit Agreement 

			
	Reference: CFK1720/Rentech Nitrogen, LLC

  
 Second
Amended and Restated Credit Agreement 

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

			
	“LENDERS”
	
	GE CAPITAL BANK, as a Lender
		
	By:	 	 /s/ Woodrow Broaders

	Name:	 	 Woodrow Broaders

	Title:	 	 Duly Authorized Signatory

	
	Address for notices:
	
	 GE Capital Bank

c/o General Electric Capital Corporation

	101 California St., Suite 1500
	San Francisco, California 94111
	Attn: Account Manager – Rentech Nitrogen, LLP
	Facsimile: (415) 277-7447
	
	with a copy to:
	
	GE Capital Bank
	6510 Millrock Drive
	Suite 200
	Salt Lake City, Utah 84121
	Attn: Chief Financial Officer
	
	Lending office:
	
	 GE Capital Bank

c/o General Electric Capital Corporation

	201 Merritt Seven
	Norwalk, Connecticut 06851
	
	with a copy to:
	
	GE Capital Bank
	6510 Millrock Drive
	Suite 200
	Salt Lake City, Utah 84121
	Attn: Chief Financial Officer

  
 Second
Amended and Restated Credit Agreement 

 
			
	AGFIRST FARM CREDIT BANK, as a Lender
		
	By:	 	 /s/ Steven J O’Shea

	Name:	 	 Steven J O’Shea

	Title:	 	 Vice President

	
	Address for notices:
	
	AgFirst Farm Credit Bank
	1401 Hampton Street
	Columbia, South Carolina 29201
	Attn: Steven J. O’Shea
	Facsimile: (803) 254-4219
	
	Lending office:
	
	AgFirst Farm Credit Bank
	1401 Hampton Street
	Columbia, South Carolina 29201

  
 Second
Amended and Restated Credit Agreement 

 
			
	BANNER BANK, as a Lender
		
	By:	 	 /s/ Rita E. Dillon

	Name:	 	 Rita E. Dillon

	Title:	 	 Senior Vice President

	
	Address for notices:
	
	Banner Bank
	3001 112th Avenue NE, Suite 100
	Bellevue, Washington
	Attn: Rita E. Dillon
	Facsimile: (425) 806-5949
	
	Lending office:
	
	Banner Bank
	19909 120th Avenue NE, Suite 103
	Bothell, Washington 98011
	Attn: Natalie Irwin or Lisa Bennett
	Facsimile: (425) 806-5949

  
 Second
Amended and Restated Credit Agreement 

 
			
	BMO HARRIS BANK, N.A., as a Lender and Syndication Agent
		
	By:	 	 /s/ Manuel Diaz

	Name:	 	 Manuel Diaz

	Title:	 	 Director

	
	Address for notices:
	
	BMO Harris Bank, N.A.
	115 S. LaSalle Street
	19th Floor West
	Chicago, Illinois 60603
	Attn: Jennifer Wendrow
	Facsimile: (312) 293-4280
	
	Lending office:
	
	BMO Harris Bank, N.A.
	111 West Monroe Street
	17th Floor West
	Chicago, Illinois 60603

  
 Second
Amended and Restated Credit Agreement 

 
			
	CADENCE BANK, N.A., as a Lender
		
	By:	 	 /s/ Bill Bobbora

	Name:	 	 Bill Bobbora

	Title:	 	 Senior Vice President

	
	Address for notices:
	
	Cadence Bank, N.A.
	2800 Post Oak Boulevard, Suite 3800
	Houston, Texas 77056
	Attn: Bill Bobbora
	Facsimile: (713) 634-4944
	
	Lending office:
	
	Cadence Bank, N.A.
	17 N. 20th Street
	Birmingham, Alabama 35203
	Attn: Sally Hart
	Facsimile: (205) 488-3320

  
 Second
Amended and Restated Credit Agreement 

 
			
	CITIBANK, N.A., as a Lender
		
	By:	 	 /s/ Denis J. Campbell II

	Name:	 	 Denis J. Campbell II

	Title:	 	 Senior Vice President

	
	Address for notices:
	
	Citibank, N.A.
	4000 Regent Blvd.
	Irving, Texas 75063
	Attn: Natasha Howell
	Facsimile: (866) 634-5642
	
	Lending office:
	
	Citibank, N.A.
	500 West Madison Street
	7th Floor
	Chicago, Illinois 60661
	Attn: Denis Campbell / Chris Gibson
	Facsimile: (312) 234-0594

  
 Second
Amended and Restated Credit Agreement 

 
			
	CITIZENS BANK, as a Lender
		
	By:	 	 /s/ Todd A. Seehase

	Name:	 	 Todd A. Seehase

	Title:	 	 First Vice President

	
	Address for notices:
	
	Citizens Bank
	28001 Cabot Drive – Suite 250
	Novi, Michigan 48377
	Attn: Todd A. Seehase
	Facsimile: (248) 324-8616
	
	Lending office:
	
	Citizens Bank
	28001 Cabot Drive – Suite 250
	Novi, Michigan 48377

  
 Second
Amended and Restated Credit Agreement 

 
			
	COBANK, ACB, as a Lender
		
	By:	 	 /s/ Milt Whipple

	Name:	 	 Milt Whipple

	Title:	 	 Vice President

	
	Address for notices:
	
	CoBank, ACB
	1650 Des Peres Road, Suite 120
	St. Louis, Missouri 63131
	Attn: Milt Whipple
	Facsimile: (303) 224-2724
	
	Lending office:
	
	CoBank, ACB
	5500 South Quebec Street
	Greenwood, Colorado 80111

  
 Second
Amended and Restated Credit Agreement 

 
			
	COÖPERATIEVE CENTRALE RAIFFEISEN- BOERENLEENBANK B.A., “RABOBANK NEDERLAND”, NEW YORK BRANCH,
	as a Lender
		
	By:	 	 /s/ John L. Church

	Name:	 	 John L. Church

	Title:	 	 Managing Director

		
	By:	 	 /s/ Timothy J. Devane

	Name:	 	 Timothy J. Devane

	Title:	 	 Executive Director

	
	Address for notices:
	
	Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch
	123 No. Wacker Drive, Suite 2100
	Chicago, Illinois 60606
	Attn: Denise DeMarco
	Facsimile: (312) 408-8240
	
	Lending office:
	
	Cooperatieve Centrale Raiffeisen-Boerenleenbank
	B.A., “Rabobank Nederland”, New York Branch
	10 Exchange Place
	Jersey City, New Jersey 07302

  
 Second
Amended and Restated Credit Agreement 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender
		
	By:	 	 /s/ James Moran

	Name:	 	 James Moran

	Title:	 	 Managing Director

		
	By:	 	 /s/ Tyler R. Smith

	Name:	 	 Tyler R. Smith

	Title:	 	 Associate

	
	Address for notices:
	
	Credit Suisse AG, Cayman Islands Branch
	Eleven Madison Avenue
	New York, New York 10010
	Attn: Mikhail Faybusovich
	Facsimile: (646) 935-8518
	
	Lending office:
	
	Credit Suisse AG, Cayman Islands Branch
	Eleven Madison Avenue
	New York, New York 10010

  
 Second
Amended and Restated Credit Agreement 

 
			
	FARM CREDIT BANK OF TEXAS, as a Lender
		
	By:	 	 /s/ Nicholas King

	Name:	 	 Nicholas King

	Title:	 	 Vice President

	
	Address for notices:
	
	Farm Credit Bank of Texas
	4801 Plaza on the Lake Drive
	Austin, Texas 78746
	Attn: Nicholas King
	Facsimile: (512) 465-0734
	
	Lending office:
	
	Farm Credit Bank of Texas
	4801 Plaza on the Lake Drive
	Austin, Texas 78746

  
 Second
Amended and Restated Credit Agreement 

 
			
	FIRSTMERIT BANK, N.A., as a Lender
		
	By:	 	 /s/ Robert G. Morlan

	Name:	 	 Robert G. Morlan

	Title:	 	 Senior Vice President

	
	Address for notices:
	
	FirstMerit Bank, N.A.
	106 S. Main Street
	Akron, Ohio 44308
	Attn: Brett Johnson
	Facsimile: (330) 996-6394
	
	Lending office:
	
	FirstMerit Bank, N.A.
	4455 Hills & Dales Road NW
	Canton, Ohio 44708

  
 Second
Amended and Restated Credit Agreement 

 
			
	MORGAN STANLEY BANK, N.A., as a Lender
		
	By:	 	 /s/ Kelly Chin

	Name:	 	 Kelly Chin

	Title:	 	 Authorized Signatory

	
	Address for notices:
	
	Morgan Stanley Senior Funding, Inc.
	1300 Thames Street, Thames Street Wharf
	4th Floor
	Baltimore, Maryland 21231
	Attn: Edward Henley
	Facsimile: (212) 404-9645
	
	with a copy to:
	
	Morgan Stanley Senior Funding, Inc.
	750 Seventh Avenue, 11th Floor
	New York, New York 10019
	Attn: Dmitriy Barskiy
	Facsimile: (212) 762-0345
	
	AND
	
	Morgan Stanley Senior Funding, Inc.
	1585 Broadway Avenue, 2nd Floor
	New York, New York 10036
	Attn: Kelly Chin
	Facsimile: (646) 290-2831
	
	AND
	
	Morgan Stanley Senior Funding, Inc.
	1221 Avenue of the Americas, 34th Floor
	New York, New York 10020
	Attn: Legal & Compliance Division – Corporate Loans Group
	Facsimile: (646) 202-9332

  
 Second
Amended and Restated Credit Agreement 

 
	
	Lending office:
	
	Morgan Stanley Senior Funding, Inc.
	1300 Thames Street, Thames Street Wharf
	4th Floor
	Baltimore, Maryland 21231
	Attn: Morgan Stanley Loan Servicing
	Facsimile: (718) 233-2140

  
 Second
Amended and Restated Credit Agreement 

 
			
	MORGAN STANLEY SENIOR FUNDING, INC., as a Lender
		
	By:	 	 /s/ Kelly Chin

	Name:	 	 Kelly Chin

	Title:	 	 Vice President

 

	
	Address for notices:
	
	Morgan Stanley Senior Funding, Inc.
	1300 Thames Street, Thames Street Wharf
	4th Floor
	Baltimore, Maryland 21231
	Attn: Edward Henley
	Facsimile: (212) 404-9645
	
	with a copy to:
	
	Morgan Stanley Senior Funding, Inc.
	750 Seventh Avenue, 11th Floor
	New York, New York 10019
	Attn: Dmitriy Barskiy
	Facsimile: (212) 762-0345
	
	AND
	
	Morgan Stanley Senior Funding, Inc.
	1585 Broadway Avenue, 2nd Floor
	New York, New York 10036
	Attn: Kelly Chin
	Facsimile: (646) 290-2831
	
	AND
	
	Morgan Stanley Senior Funding, Inc.
	1221 Avenue of the Americas, 34th Floor
	New York, New York 10020
	Attn: Legal & Compliance Division – Corporate Loans Group
	Facsimile: (646) 202-9332

  
 Second
Amended and Restated Credit Agreement 

 
	
	Lending office:
	
	Morgan Stanley Senior Funding, Inc.
	1300 Thames Street, Thames Street Wharf
	4th Floor
	Baltimore, Maryland 21231
	Attn: Morgan Stanley Loan Servicing
	Facsimile: (718) 233-2140

  
 Second
Amended and Restated Credit Agreement 

 
			
	ROYAL BANK OF CANADA, as a Lender
		
	By:	 	 /s/ Meredith Majesty

	Name:	 	 Meredith Majesty

	Title:	 	 Authorized Signatory

 

	
	Address for notices:
	
	Royal Bank of Canada
	3 World Financial Center
	200 Vesey Street – 12th Floor
	New York, New York 10281
	Attn: Scott Umbs
	Facsimile: (212) 428-6201
	
	Lending office:
	
	Royal Bank of Canada
	Toronto Branch
	20 King Street West – 4th Floor
	Toronto, Ontario, M5H 1C4

  
 Second
Amended and Restated Credit Agreement 

 Schedule 1.1(a) 
 Term Loan Commitments 
  

									
	 Term Loan Lender
	  	Term Loan Commitment
Amount	 	  	Percentage of Term Loan
Commitment	 
			
	 GE Capital Bank
	  	$	24,248,888.90	  	  	 	15.6	% 
			
	 General Electric Capital Corporation
	  	$	4,133,333.33	  	  	 	2.7	% 
			
	 AgFirst Farm Credit Bank
	  	$	11,883,333.34	  	  	 	7.7	% 
			
	 Banner Bank
	  	$	4,650,000.00	  	  	 	3.0	% 
			
	 BMO Harris Bank N.A.
	  	$	15,500,000.00	  	  	 	10.0	% 
			
	 Cadence Bank, N.A.
	  	$	4,650,000.00	  	  	 	3.0	% 
			
	 Citibank, N.A.
	  	$	9,816,666.66	  	  	 	6.3	% 
			
	 Citizens Bank
	  	$	4,650,000.00	  	  	 	3.0	% 
			
	 CoBank, ACB
	  	$	14,983,333.34	  	  	 	9.7	% 
			
	 Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch
	  	$	12,916,666.66	  	  	 	8.3	% 
			
	 Credit Suisse AG, Cayman Islands Branch
	  	$	10,333,333.34	  	  	 	6.7	% 
			
	 Farm Credit Bank of Texas
	  	$	12,916,666.66	  	  	 	8.3	% 
			
	 FirstMerit Bank, N.A.
	  	$	4,650,000.00	  	  	 	3.0	% 
			
	 Morgan Stanley Bank, N.A.
	  	$	10,333,333.34	  	  	 	6.7	% 
			
	 Royal Bank of Canada
	  	$	9,334,444.44	  	  	 	6.0	% 
		  	  
	  
	 	  	  
	  
	 
			
	 Total
	  	$	155,000,000.00	  	  	 	100	% 
		  	  
	  
	 	  	  
	  
	 

 Schedule 1.1(b) 

PART I 
 CAPEX
Loan Commitments 
  

									
	 CAPEX Lender
	  	CAPEX Loan Commitment
Amount	 	  	Percentage of CAPEX Loan
Commitment	 
			
	 GE Capital Bank
	  	$	17,208,888.89	  	  	 	15.6	% 
			
	 General Electric Capital Corporation
	  	$	2,933,333.33	  	  	 	2.7	% 
			
	 AgFirst Farm Credit Bank
	  	$	8,433,333.33	  	  	 	7.7	% 
			
	 BMO Harris Bank N.A.
	  	$	11,000,000.00	  	  	 	10.0	% 
			
	 Cadence Bank, N.A.
	  	$	3,300,000.00	  	  	 	3.0	% 
			
	 Citibank, N.A.
	  	$	6,966,666.67	  	  	 	6.3	% 
			
	 Citizens Bank
	  	$	3,300,000.00	  	  	 	3.0	% 
			
	 CoBank, ACB
	  	$	10,633,333.33	  	  	 	9.7	% 
			
	 Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch
	  	$	9,166,666.67	  	  	 	8.3	% 
			
	 Credit Suisse AG, Cayman Islands Branch
	  	$	8,983,333.33	  	  	 	8.2	% 
			
	 Farm Credit Bank of Texas
	  	$	9,166,666.67	  	  	 	8.3	% 
			
	 FirstMerit Bank, N.A.
	  	$	3,300,000.00	  	  	 	3.0	% 
			
	 Morgan Stanley Senior Funding, Inc.
	  	$	8,983,333.33	  	  	 	8.2	% 
			
	 Royal Bank of Canada
	  	$	6,624,444.45	  	  	 	6.0	% 
		  	  
	  
	 	  	  
	  
	 
			
	 Total
	  	$	110,000,000.00	  	  	 	100	% 
		  	  
	  
	 	  	  
	  
	 

 PART II 
 Schedule of CAPEX Loans 
  

					
	 Date
	  	Cumulative	 
		
	 February 2012
	  	$	8,900.000.00	  
		
	 March 2012
	  	$	12,400,000.00	  
		
	 April 2012
	  	$	16,300,000.00	  
		
	 May 2012
	  	$	21,300,000.00	  
		
	 June 2012
	  	$	26,800,000.00	  
		
	 July 2012
	  	$	32,500,000.00	  
		
	 August 2012
	  	$	35,900,000.00	  
		
	 September 2012
	  	$	38,900,000.00	  
		
	 October 2012
	  	$	42,100,000.00	  
		
	 November 2012
	  	$	45,900,000.00	  
		
	 December 2012
	  	$	51,000,000.00	  
		
	 January 2013
	  	$	59,000,000.00	  
		
	 February 2013
	  	$	66,500,000.00	  
		
	 March 2013
	  	$	71,800,000.00	  
		
	 April 2013
	  	$	75,300,000.00	  
		
	 May 2013
	  	$	78,400,000.00	  
		
	 June 2013
	  	$	82,100,000.00	  
		
	 July 2013
	  	$	86,000,000.00	  
		
	 August 2013
	  	$	89,300,000.00	  
		
	 September 2013
	  	$	91,700,000.00	  

 Schedule 1.1(c) 

Revolving Loan Commitments 
  

									
	 Revolving Lender
	  	Revolving Loan
Commitment Amount	 	  	Percentage of Revolving
Loan Commitment	 
			
	 GE Capital Bank
	  	$	5,475,555.56	  	  	 	15.6	% 
			
	 General Electric Capital Corporation
	  	$	933,333.33	  	  	 	2.7	% 
			
	 AgFirst Farm Credit Bank
	  	$	2,683,333.33	  	  	 	7.7	% 
			
	 BMO Harris Bank N.A.
	  	$	3,500,000.00	  	  	 	10.0	% 
			
	 Cadence Bank, N.A.
	  	$	1,050,000.00	  	  	 	3.0	% 
			
	 Citibank, N.A.
	  	$	2,216,666.67	  	  	 	6.3	% 
			
	 Citizens Bank
	  	$	1,050,000.00	  	  	 	3.0	% 
			
	 CoBank, ACB
	  	$	3,383,333.33	  	  	 	9.7	% 
			
	 Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch
	  	$	2,916,666.67	  	  	 	8.3	% 
			
	 Credit Suisse AG, Cayman Islands Branch
	  	$	2,858,333.33	  	  	 	8.2	% 
			
	 Farm Credit Bank of Texas
	  	$	2,916,666.67	  	  	 	8.3	% 
			
	 FirstMerit Bank, N.A.
	  	$	1,050,000.00	  	  	 	3.0	% 
			
	 Morgan Stanley Senior Funding, Inc.
	  	$	2,858,333.33	  	  	 	8.2	% 
			
	 Royal Bank of Canada
	  	$	2,107,777.78	  	  	 	6.0	% 
		  	  
	  
	 	  	  
	  
	 
			
	 Total
	  	$	35,000,000.00	  	  	 	100	% 
		  	  
	  
	 	  	  
	  
	 

 Schedule 4.14 

Task Milestones 
  

									
	 ID
	  	 Task Name
	  	 Duration
	  	 Start
	  	 Finish

					
	1	  	Determine sources and quantities of all wastewater streams going to on-site wastewater treatment plant	  	2 months	  	11/1/12	  	12/26/12
					
	2	  	Wastewater stream characterization for pH,
NH3, As, Cd, Cu, Hg, Ni, Zn, TSS, Sludge Potential, and NPDES
permit parameters	  	2 months	  	12/27/12	  	2/20/13
					
	3	  	Determine what wastewater streams can be directly discharged without treatment	  	1 month	  	12/27/12	  	1/23/13
					
	4	  	Seek NPDES permit modifications and/or permit(s) for any item 3 streams	  	6 months	  	1/24/13	  	7/10/13
					
	5	  	Construct tie-ins to existing or new outfall points for any item 3 streams	  	1 month	  	7/11/13	  	8/7/13
					
	6	  	Develop pilot processes to treat remaining wastewater streams	  	3 months	  	1/24/13	  	4/17/13
					
	7	  	Design process scale-up for item 6 pilot processes	  	5 months	  	4/18/13	  	9/4/13
					
	8	  	Seek permit(s) to construct equipment, processes and facilities for remaining wastewater streams	  	3 months	  	9/5/13	  	11/27/13
					
	9	  	Seek NPDES permit modifications and/or permit(s) covering item 8 work	  	6 months	  	9/5/13	  	2/19/14
					
	10	  	Construct equipment, processes and facilities covering item 8 work	  	10 months	  	11/28/13	  	9/3/14
					
	11	  	Commence operation of equipment, processes and facilities covering item 8 work	  	1 month	  	9/4/14	  	10/1/14
					
	12	  	Design and install stormwater retention system	  	6 months	  	1/24/13	  	7/10/13

									
	13	  	Tender and acceptance of Gypstack No. 1 by ExxonMobil Oil Corporation	  	1 day	  	11/1/14	  	11/1/14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}]]