Document:

Registration Rights Agreement, dated October 17, 2006

 Exhibit 10.1 
 REGISTRATION RIGHTS AGREEMENT 
 REGISTRATION RIGHTS AGREEMENT dated as of October 17, 2006, by
and between Silicon Graphics, Inc., a Delaware corporation (as debtor in possession and reorganized debtor, as applicable, the “Company”), and the investors listed in Exhibit C hereto (collectively, the
“Investors” and individually an “Investor”). 
 WHEREAS, on May 8, 2006, the Company and certain of
its subsidiaries (as debtors in possession and reorganized debtors, as applicable, together with the Company, collectively, the “Debtors”) commenced cases under chapter 11 of the United States Bankruptcy Code, 11 U.S.C. § 101,
et seq. (the “Bankruptcy Code”) (collectively, the “Chapter 11 Cases”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). 
 WHEREAS, the Company issued shares of common stock, par value $.01 per share (the “Common Stock”), of the reorganized Company (the “New
Common Stock”) and offered and sold shares of New Common Stock (the “Rights Offering Shares”) pursuant to a rights offering (the “Rights Offering”) in connection with the Debtors’ First Amended Joint
Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated July 27, 2006 (as modified, the “Plan”), which Plan was confirmed pursuant to an order of the Bankruptcy Court dated September 19, 2006. 
 WHEREAS, in connection with the consummation of the transactions contemplated by those certain Backstop Commitment Agreements, each dated as of
July 31, 2006 (the “Backstop Commitment Agreements”), by and between the Company and each of the Investors, the Investors acquired shares of Common Stock in accordance with the provisions of the Backstop Commitment Agreements
(the “Backstop Shares”, and together with the New Common Stock and the Rights Offering Shares, the “Investor Shares”). 
 WHEREAS, in consideration of the Investors’ commitment to purchase the Investor Shares pursuant to and on the terms and conditions set forth in the Plan and in the Backstop Commitment Agreements, the Company has
agreed to enter into a registration rights agreement with respect to the securities held by Investors. 
 NOW THEREFORE, in consideration of
the foregoing and the covenants and agreements contained herein, in the Plan and in the Backstop Commitment Agreements, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows: 
  

	 	1.	Certain Definitions. 

 In addition to the terms
defined elsewhere in this Agreement, the following terms shall have the following meanings: 
 “Affiliate” of any Person
means any other Person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, such Person. The term “control” (including the terms “controlling,”
“controlled by” and “under common control with”) as used with respect to any Person means the possession, direct or 

 
indirect, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by
contract or otherwise. 
 “Aggregate Value” has the meaning set forth in Section 11 hereof. 
 “Agreement” means this Registration Rights Agreement, including all amendments, modifications and supplements and any exhibits or
schedules to any of the foregoing, and shall refer to this Registration Rights Agreement as the same may be in effect at the time such reference becomes operative. 
 “Backstop Commitment Agreements” has the meaning set forth in the recitals. 
 “Backstop Shares” has the meaning set forth in the recitals. 
 “Bankruptcy Code” has the meaning
set forth in the recitals. 
 “Bankruptcy Court” has the meaning set forth in the recitals. 
 “Business Day” means any day, except a Saturday, Sunday or legal holiday on which banking institutions in The City of New York are
authorized or obligated by law or executive order to close. 
 “Chapter 11 Cases” has the meaning set forth in the recitals.

 “Common Stock” has the meaning set forth in the recitals. 
 “Company” has the meaning set forth in the introductory paragraph and includes any other person referred to in the second sentence of
Section 16(c) hereof. 
 “Debtors” has the meaning set forth in the recitals. 
 “Defaulting Holder” has the meaning set forth in Section 11 hereof. 
 “Demanding Key Holder” means a Key Holder requesting a Demand Registration pursuant to Section 2(a) hereof. 
 “Demand Registration” has the meaning set forth in Section 2(a) hereof. 
 “Demand Registration Delay Period” has the meaning set forth in Section 2(f) hereof. 
 “Demand Registration Statement” has the meaning set forth in Section 2(b) hereof. 
 “Demand Registration Statement Filing Date” has the meaning set forth in Section 2(a) hereof. 
 “Demand Rights” has the meaning set forth in Section 12(a) hereof. 
 “Effectiveness Default” has the meaning set forth in Section 11 hereof. 
  

 2 

 “Exchange Act” means the Securities Exchange Act of 1934, as amended, or any successor
statute, and the rules and regulations of the SEC thereunder. 
 “Filing Default” has the meaning set forth in
Section 11 hereof. 
 “Free Writing Prospectus” means a free writing prospectus as defined in Rule 405 under the
Securities Act. 
 “Full Cooperation” means, in connection with any underwritten offering, where, in addition to the
cooperation otherwise required by this Agreement, (a) members of senior management of the Company (including the chief executive officer and chief financial officer) fully cooperate with the underwriter(s) in connection therewith and make
themselves available to participate in “road-shows” and other customary marketing activities in such locations (domestic and foreign) as reasonably recommended by the underwriter(s) (including one-on-one meetings with prospective
purchasers of the Registrable Common Stock) and (b) the Company prepares preliminary and final prospectuses (preliminary and final prospectus supplements in the case of an offering pursuant to a Shelf Registration Statement) for use in
connection therewith containing such additional information as reasonably requested by the underwriter(s) (in addition to the minimum amount of information required by law, rule or regulation). 
 “Fully Marketed Underwritten Offering” means an underwritten offering in which there is Full Cooperation but shall not include a
“registered direct” or other agented transaction that does not involve the preparation of a preliminary prospectus or preliminary prospectus supplement in the case of the offering pursuant to a Shelf Registration Statement. 
 “Governmental Entity” means any national, federal, state, municipal, local, territorial, foreign or other government or any department,
commission, board, bureau, agency, regulatory authority or instrumentality thereof, or any court, judicial, administrative or arbitral body or public or private tribunal. 
 “Investor” and “Investors” have the meanings set forth in the introductory paragraph. 
 “Investor Shares” has the meaning set forth in the recitals. 
 “Issuer Free Writing
Prospectus” means an issuer free writing prospectus as defined in Rule 433 under the Securities Act. 
 “Key
Holder” means any Investor, together with its Affiliates, holding at least seven and one-half percent (7.5%) of the outstanding Common Stock as of the Effective Date of the Plan (as defined in the Plan) and such transferees as provided
in Section 14 hereof. 
 “Liquidated Damages” has the meaning set forth in Section 11 hereof. 
 “New Common Stock” has the meaning set forth in the recitals. 
 “Permitted Free Writing Prospectus” has the meaning set forth in Section 13 hereof. 
  

 3 

 “Person” means any individual, sole proprietorship, partnership, limited liability
company, joint venture, trust, unincorporated organization, association, corporation, institution, public benefit corporation, Governmental Entity or any other entity. 
 “Piggyback Registration” has the meaning set forth in Section 4(a) hereof. 
 “Piggyback Registration Statement” has the meaning set forth in Section 4(a) hereof. 
 “Plan” has the meaning set forth in the recitals. 
 “Prospectus” means the prospectus or
prospectuses included in any Registration Statement, all amendments and supplements to the prospectus, including post-effective amendments, and all material incorporated by reference in such prospectus or prospectuses. 
 “Registrable Common Stock” means (i) the Investor Shares, (ii) any other shares of Common Stock held by any of the Key Holders
now or in the future, and (iii) any other securities into or for which the Common Stock referred to in clauses (i) or (ii) has been converted, substituted or exchanged, and any securities issued or issuable with respect thereto upon
any stock dividend or stock split or in connection with a combination of shares, reclassification, recapitalization, merger, consolidation or other reorganization or otherwise ; provided, however, that a share of Common Stock will cease to be
Registrable Common Stock if (a) a registration statement covering such share of Common Stock has been declared effective by the SEC and such share of Common Stock has been sold or disposed of pursuant to such effective registration statement,
or (b) such share of Common Stock has been sold or disposed of pursuant to Rule 144 (or any successor rule) under the Securities Act; or (c) such share of Common Stock has been transferred to a Person who is not (and does not become as a
result of such transfer) a Key Holder; or (d) such share of Common Stock ceases to be outstanding. 
 “Registration
Default” has the meaning set forth in Section 11 hereof. 
 “Registration Expenses” has the meaning set forth
in Section 9(a) hereof. 
 “Registration Statement” means any registration statement of the Company that covers any of
the Registrable Common Stock pursuant to the provisions of this Agreement, including the Prospectus, amendments and supplements to such Registration Statement, including post-effective amendments, all exhibits and all materials incorporated by
reference in such Registration Statement. 
 “Rights Offering” has the meaning set forth in the recitals. 
 “Rights Offering Shares” has the meaning set forth in the recitals. 
 “Rule 144” means Rule 144 promulgated by the SEC pursuant to the Securities Act, as such rule may be amended from time to time, or any
similar rule or regulation hereafter adopted by the SEC as a replacement thereto having substantially the same effect as such rule. 
  

 4 

 “Rule 415” means Rule 415 promulgated by the SEC pursuant to the Securities Act, as such
rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC as a replacement thereto having substantially the same effect as such rule. 
 “SEC” means the Securities and Exchange Commission. 
 “Securities Act” means the Securities Act of 1933, as amended, or any successor statute and the rules and regulations of the SEC thereunder. 
 “Shelf Registration” has the meaning set forth in Section 3(a) hereof. 
 “Shelf Registration Statement” has the meaning set forth in Section 3(a) hereof. 
 “Shelf Registration Statement Filing Date” has the meaning set forth in Section 3(a) hereof. 
 “Suspension Default” has the meaning set forth in Section 11 hereof. 
 “Takedown Default” has the meaning set forth in Section 11 hereof. 
 “transferee” has the meaning set forth in Section 14 hereof. 
 “underwritten registration or underwritten offering” means an offering in which securities of the Company are sold to one or more
underwriter (as defined in Section 2(a)(11) of the Securities Act) for resale to the public. 
 “Underwritten Shelf
Takedown” has the meaning set forth in Section 3(b) hereof. 
 “Underwritten Shelf Takedown Delay Period” has
the meaning set forth in Section 3(f) hereof. 
  

	 	2.	Demand Registrations. 

 (a)
Demand Registration on Form S-1. At any time and from time to time, any Key Holder may request, in writing, that the Company effect the registration on Form S-1 (or any successor form) providing for the resale pursuant to Rule 415 from
time to time of Registrable Common Stock owned by such Key Holder (a “Demand Registration”), in accordance with the methods of distribution set forth in such Demand Registration Statement (which plan of distribution is attached
hereto as Exhibit A, modified to be consistent with then current market practice and in accordance with then applicable securities laws, rules and regulations); provided, however, that if the Key Holder requesting a Demand
Registration pursuant to this Section 2(a) intends to distribute the Registrable Common Stock by means of an underwritten offering, the Demand Registration shall not provide for resale pursuant to Rule 415 and the plan of distribution shall be
that plan of distribution provided by the lead underwriter for the underwritten offering. As promptly as practicable after such request, but in any event within sixty (60) days after the Company’s receipt of such request by the Key Holder
(the “Demand Registration Statement Filing Date”), the Company shall file a registration statement on Form S-1 or such other form under the Securities Act then available to the Company. The Company 

  

 5 

 
shall use its commercially reasonable best efforts to cause a Demand Registration Statement to be declared effective by the SEC as promptly as practicable
following such filing. Notwithstanding anything to the contrary herein, (i) the right to request a Demand Registration pursuant to this Section 2(a) shall be suspended upon the Company becoming eligible to file a Registration Statement on
Form S-3 (or any successor form), provided that the Company has filed a Shelf Registration Statement (as defined below) and such Shelf Registration Statement has been declared effective by the SEC, and (ii) the right to request a Demand
Registration pursuant to this Section 2(a) shall terminate if none of the events specified in clauses (i), (ii) or (iii) in the immediately following sentence occurs. The foregoing notwithstanding, the Key Holders shall be entitled to
exercise their Demand Registration rights during the term of this Agreement in the event (i) the Company, after filing the Shelf Registration Statement, is no longer eligible to use Form S-3 prior to the expiration of the time period specified
in Section 3(g), (ii) the Shelf Registration is withdrawn prior to the expiration of the time period specified in Section 3(g) or (iii) sales under the Shelf Registration Statement are suspended for periods in excess of those set
forth in the last sentence of Section 3(f). 
 (b) Notice of Demand Registration on Form S-1. Upon receipt of any
request for a Demand Registration, the Company shall promptly, but in any event within five (5) Business Days after the Company’s receipt of such request by the Key Holder, give written notice of such proposed registration to all other Key
Holders. Such Key Holders shall have the right, by giving written notice to the Company within ten (10) days after the Company provides its notice, to elect to have included in such registration such shares of their Registrable Common Stock as
such Key Holders may request in such notice of election, subject in the case of an underwritten offering to the terms of Section 2(e). Thereupon, the Company shall, as expeditiously as possible, use commercially reasonable best efforts to
effect the registration of all Registrable Common Stock which the Company has been requested to so register (the “Demand Registration Statement”). 
 (c) Number of Demand Registrations. Each Key Holder on the date hereof shall be entitled to request two (2) Demand
Registrations pursuant to Section 2(a). For purposes of Section 2, a request for registration shall not be counted as a Demand Registration (i) until such time as the Demand Registration Statement has been declared effective by the
SEC (provided that the requesting Key Holder may withdraw its request for such registration and such request shall not count as a Demand Registration if (X) such withdrawal is as a result of information concerning the business or financial
condition of the Company which is made known to the Key Holders after the date on which such registration was requested or (Y) the Demanding Key Holder agrees to pay the Registration Expenses therefor pursuant to Section 9); or
(ii) if, as a result of an exercise of the underwriter’s cut-back provisions, less than 75% of the total amount of Registrable Common Stock that the Demanding Key Holder has requested to be included in such Demand Registration Statement
are included therein. 
 (d) Number of Fully Marketed Underwritten Offerings. The Key Holders shall be entitled to
request no more than six (6) (and no more than two (2) per Key Holder) Fully Marketed Underwritten Offerings pursuant to all of the Demand Registration Statements and Shelf Registration Statements and no more than two (2) Fully
Marketed Underwritten Offerings pursuant to all of the Demand Registration Statements and Shelf Registration Statements in any 12 month period. If the Demanding Key Holder intends to distribute the Registrable Common 

  

 6 

 
Stock covered by its request by means of a Fully Marketed Underwritten Offering, it shall so advise the Company as a part of its request made pursuant to
Section 2(a) and the Company shall include such information in its written notice referred to in Section 2(b). In such event, (i) the right of any other Key Holder to include its Registrable Common Stock in such registration pursuant
to Section 2(a) shall be conditioned upon such other Key Holder’s participation in such Fully Marketed Underwritten Offering on the terms set forth herein, and (ii) all Key Holders including Registrable Common Stock in such
registration shall enter into an underwriting agreement upon customary terms with the underwriter or underwriters managing the offering; provided that such underwriting agreement shall not provide for indemnification or contribution
obligations on the part of the Key Holders greater than the obligations of the Key Holders pursuant to Section 10. If a Key Holder requests a Fully Marketed Underwritten Offering, the Company shall cause there to occur Full Cooperation in
connection therewith. An underwritten offering shall not count as one of the permitted Fully Marketed Underwritten Offerings if there is not Full Cooperation in connection therewith. 
 (e) Priority on Demand Registrations. If, in connection with a Demand Registration pursuant to Section 2(a) commenced as an
underwritten offering, the managing underwriter shall advise the Company that in its opinion the number of shares requested to be included in such registration exceeds the number that can be sold in such offering without having an adverse effect on
such offering, including the price at which such shares can be sold, then the Company shall include in such registration the maximum number of shares that such underwriter advises can be so sold without having such effect, allocated (i) first,
to Registrable Common Stock requested by the Key Holders to be included in such registration on a pro rata basis, (ii) second, to the shares of Common Stock to be sold for the account of Company, and (iii) third, among all shares of
Common Stock requested to be included in such registration by any other Persons allocated among such Persons in such manner as they may agree. 
 (f) Restrictions on Demand Registrations. If at the time of any request to register Registrable Common Stock by a Key Holder pursuant to Section 2(a), the Company is engaged or has plans to engage in a
registered public offering or is engaged in any other activity which, in the good faith determination of the Company’s Board of Directors, would be adversely affected by the requested registration, then the Company may at its option direct that
such request be delayed for a period not in excess of forty-five (45) days from the date of such request, such right to delay a request to be exercised by the Company not more than twice in any 365-day period but in no event may such two 45-day
periods be consecutive or so close in proximity as to cause a delay with respect to the filing of a Demand Registration Statement to be longer than sixty (60) days. The period during which any filing is so delayed hereunder is referred to as a
“Demand Registration Delay Period”. In the event that, in the judgment of the Company, it is advisable to suspend use of a Prospectus included in a Demand Registration Statement due to pending material developments or other events
that have not yet been publicly disclosed and as to which the Company believes public disclosure would be detrimental to the Company, the Company shall notify all Key Holders to such effect, and, upon receipt of such notice, each of the Key Holders
shall immediately discontinue any sales of Registrable Common Stock pursuant to such Demand Registration Statement until each of the Key Holders has received copies of a supplemented or amended Prospectus or until each of the Key Holders is advised
in writing by the Company that the then current Prospectus may be used and has received copies of any additional or supplemental filings that are incorporated or deemed 

  

 7 

 
incorporated by reference in such Prospectus. Notwithstanding anything to the contrary herein, the Company shall not exercise its rights under the preceding
sentence to suspend sales of Registrable Common Stock for a period in excess of forty-five (45) days consecutively or ninety (90) days in any 365-day period. 
 (g) Effective Period of Demand Registrations. After any Demand Registration filed pursuant to this Agreement has become effective,
the Company shall use commercially reasonable best efforts to keep such Demand Registration Statement effective for a period of at least eighteen (18) months from the date on which the SEC declares such Demand Registration Statement effective
plus the duration of any Demand Registration Statement Delay Period and any period during which the use of a Prospectus is suspended pursuant to Section 2(f), or such shorter period that shall terminate on the earliest of (x) when all of
the Registrable Common Stock covered by such Demand Registration Statement have been sold pursuant to such Demand Registration Statement in accordance with the plan of distribution set forth therein, and (y) when, in the opinion of counsel to
the Key Holders, all outstanding Registrable Common Stock may be resold without registration under the Securities Act pursuant to Rule 144(k) under the Securities Act or any successor provision thereto. 
  

	 	3.	Shelf Registrations. 

 (a) Shelf
Registration on Form S-3. As soon as the Company becomes eligible to file a Registration Statement on Form S-3 (or any successor form relating to secondary offerings), the Company shall prepare and file or cause to be prepared and filed
with the SEC, as soon as practicable, but in any event within ten (10) days of the Company becoming eligible to file a Registration Statement on Form S-3 (the “Shelf Registration Statement Filing Date”) a Registration Statement
on Form S-3 (or any successor thereto) relating to the offering on a continuous or delayed basis pursuant to Rule 415 from time to time by the Key Holders of all then outstanding Registrable Common Stock (a “Shelf Registration” and
any such Registration Statement filed on Form S-3 (or any successor thereto) a “Shelf Registration Statement”), in each case, in accordance with the methods of distribution set forth in such Shelf Registration Statement (which plan
of distribution is attached as hereto as Exhibit A modified to be consistent with then current market practice and in accordance with then applicable securities laws, rules and regulations) and, thereafter, shall use its commercially
reasonable best efforts to cause such Shelf Registration Statement to be declared effective under the Securities Act as promptly as practicable thereafter. Notwithstanding the foregoing, the Company may be able combine a Shelf Registration Statement
from primary and/or secondary offerings. Furthermore, the Company shall not be required to prepare and file a Shelf Registration Statement if all Registrable Common Stock shall have been sold or if, in the opinion of counsel to the Key Holders, all
outstanding Registrable Common Stock may be resold without registration under the Securities Act pursuant to Rule 144(k) under the Securities Act or any successor provision thereto. 
 (b) Underwritten Shelf Takedowns. At any time and from time to time, any Key Holder may request, in writing (an
“Underwritten Takedown Request”), that the Company effect on underwritten shelf takedown (other than a “registered direct” or other agented transaction that does not involve the preparation of a preliminary prospectus or a
preliminary prospectus supplement in the case of any offering pursuant to a Shelf Registration Statement) of 

  

 8 

 
all or a portion of such Key Holder’s Registrable Common Stock (an “Underwritten Shelf Takedown”), in accordance with the terms
specified in such Underwritten Takedown Request. In connection with each such Underwritten Shelf Takedown, the Company shall cause there to occur Full Cooperation. 
 (c) Notice of Underwritten Shelf Takedowns. Upon receipt of any request for an Underwritten Shelf Takedown, the Company shall
promptly, but in any event within five (5) Business Days after the Company’s receipt of an Underwritten Takedown Request from a Key Holder, give written notice of such proposed Underwritten Shelf Takedown to all other Key Holders. Such
other Key Holders shall have the right, by giving written notice to the Company within five (5) days after the Company provides its notice, to elect to have included in such Underwritten Shelf Takedown such shares of their Registrable Common
Stock as such other Key Holders may request in such notice of election, subject to the terms of Section 3(e). In such event, (i) the right of any other Key Holder to include its Registrable Common Stock in such Underwritten Shelf Takedown
pursuant to this Section 3 shall be conditioned upon such other Key Holder’s participation in such Underwritten Shelf Takedown on the terms set forth herein, and (ii) all Key Holders including Registrable Common Stock in such
Underwritten Shelf Takedown shall enter into an underwriting agreement upon customary terms with the underwriter or underwriters managing the offering; provided that such underwriting agreement shall not provide for indemnification or
contribution obligations on the part of the Key Holders greater than the obligations of the Key Holders pursuant to Section 10. Thereupon, the Company shall, as expeditiously as possible, use its commercially reasonable best efforts to effect
the Underwritten Shelf Takedown covering all of the Registrable Common Stock which the Company has been requested to include in such Underwritten Shelf Takedown. 
 (d) Limitations on Takedowns. There shall be no limit on the aggregate number of takedowns off such Shelf Registration Statement;
provided, however, that the Company shall not be obligated to effect (i) more than six (6) (and no more than two (2) per Key Holder) Fully Marketed Underwritten Offerings pursuant to all Demand Registration Statements and Shelf
Registration Statements, (ii) two (2) Fully Marketed Underwritten Offerings pursuant to all Demand Registration Statements and Shelf Registration Statements in any 12-month period. For purposes of this Section 3(d), an Underwritten
Shelf Takedown shall not be counted as a Fully Marketed Underwritten Offering (i) if the requesting Key Holder withdraws its request and (X) such withdrawal is as a result of information concerning the business or financial condition of
the Company which is made known to the Key Holders after the date on which such Underwritten Shelf Takedown was requested or (Y) the Key Holder making such demand agrees to pay the Registration Expenses therefore pursuant to Section 9;
(ii) if, as a result of an exercise of the underwriter’s cut-back provisions, less than 75% of the total amount of Registrable Common Stock that Key Holders have requested to be included in such Underwritten Shelf Takedown are sold or
(iii) there is not Full Cooperation by the Company in connection therewith. 
 (e) Priority of Underwritten Shelf
Registration Takedowns. If, in connection with an Underwritten Shelf Takedown pursuant to this Section 3, the managing underwriter shall advise the Company that in its opinion the number of shares requested to be included in such
registration exceeds the number that can be sold in such offering without having an adverse effect on such offering, including the price at which such shares can be sold, then the Company shall include in such registration the maximum number of
shares that such underwriter advises 

  

 9 

 
can be so sold without having such effect, allocated (i) first, to Registrable Common Stock requested by the Key Holders to be included in such
Underwritten Shelf Takedown on a pro rata basis, (ii) second, to securities to be sold on account of the Company and (iii) third, among all shares of Common Stock requested to be included in such registration by any other Persons
allocated among such Persons in such manner as they may agree. 
 (f) Restrictions on Underwritten Shelf Takedowns. If
at the time of any request to effect an Underwritten Shelf Takedown by a Key Holder pursuant to Section 3(b), the Company is engaged or has plans to engage in a registered public offering or is engaged in any other activity which, in the good
faith determination of the Company’s Board of Directors, would be adversely affected by the requested Underwritten Shelf Takedown, then the Company may at its option direct that such request be delayed for a period not in excess of forty-five
(45) days from the date of such request, such right to delay a request to be exercised by the Company not more than twice in any 365-day period but in no event may such two 45-day periods be consecutive or so close in proximity as to cause a
delay with respect to such Underwritten Shelf Takedown to be longer than sixty (60) days. The period during which any filing is so delayed hereunder is referred to as an “Underwritten Shelf Takedown Delay Period”. In the event
that, in the judgment of the Company, it is advisable to suspend use of a Prospectus included in a Shelf Registration Statement due to pending material developments or other events that have not yet been publicly disclosed and as to which the
Company believes public disclosure would be detrimental to the Company, the Company shall notify all Key Holders to such effect, and, upon receipt of such notice, each of the Key Holders shall immediately discontinue any sales of Registrable Common
Stock pursuant to such Shelf Registration Statement until each of the Key Holders has received copies of a supplemented or amended Prospectus or until the Key Holders are advised in writing by the Company that the then current Prospectus may be used
and has received copies of any additional or supplemental filings that are incorporated or deemed incorporated by reference in such Prospectus. Notwithstanding anything to the contrary herein, the Company shall not exercise its rights under the
preceding sentence to suspend sales of Registrable Common Stock for a period in excess of forty-five (45) days consecutively or ninety (90) days in any 365-day period. 
 (g) Effective Period of Shelf Registration. The Company shall use its commercially reasonable best efforts to keep any Shelf
Registration Statement filed pursuant to Section 3(a) continuously effective (including by filing supplements and amendments) in order to permit the Prospectus forming part thereof to be usable by the Key Holders for such period that will
terminate upon the earliest to occur of the following: (i) when all Registrable Common Stock have been sold pursuant to such Shelf Registration Statement, (ii) when, in the opinion of counsel to the Key Holders, all outstanding Registrable
Common Stock may be resold without registration under the Securities Act pursuant to Rule 144(k) under the Securities Act or any successor provision thereto and (iii) three (3) years from the date on which the SEC declares such Shelf
Registration Statement effective plus the duration of any Underwritten Shelf Registration Delay Period and any period during which the use of a Prospectus is suspended pursuant to Section 3(f). 
  

 10 

	 	4.	Piggyback Registrations. 

 (a)
Right to Piggyback. Whenever the Company proposes to publicly sell or register for sale any of its common equity securities pursuant to a registration statement (a “Piggyback Registration Statement”) under the Securities Act
(other than a registration statement on Form S-8 or on Form S-4 or any similar successor forms thereto), for its own account (a “Piggyback Registration”), the Company shall give prompt written notice, in any event within five
(5) Business Days of the Company’s decision to effect a sale or registration, to the Key Holders of its intention to effect such sale or registration and, subject to Section 4(b), shall include in such registration all Registrable
Common Stock with respect to which the Company has received a written request from the Key Holders for inclusion therein within ten (10) days after the receipt of the Company’s notice. The Company may postpone or withdraw the filing or the
effectiveness of a Piggyback Registration at any time in its sole discretion, without prejudice to the Key Holders’ right to immediately request a Demand Registration hereunder. A Piggyback Registration shall not be considered a Demand
Registration for purposes of Section 2 of this Agreement or an Underwritten Shelf Takedown for purposes of Section 3 of this Agreement. 
 (b) Priority on Piggyback Registrations. If a Piggyback Registration is initiated as an underwritten primary registration or Underwritten Shelf Takedown on behalf of the Company, and the managing underwriter
advises the Company in writing that in its opinion the number of securities requested to be included in such registration exceeds the number that can be sold in such offering without having an adverse effect on such offering, including the price at
which such securities can be sold, then the Company shall include in such registration the maximum number of shares that such underwriter advises can be so sold without having such effect, allocated (i) first, to the securities the Company
proposes to sell, (ii) second, to the Registrable Common Stock requested to be included therein by the Key Holders, and (iii) third, among other securities requested to be included in such registration by other security holders of the
Company on such basis as such holders may agree among themselves and the Company. 
  

	 	5.	Other Registrations. 

 The Company shall not grant
to any Person the right, other than as set forth herein and except to employees of the Company with respect to registrations on Form S-8 and with respect to registrations on Form S-4 (or any successor forms thereto), to request the Company to
register any securities of the Company except such rights as are (a) not more favorable than or inconsistent with the rights granted to the Key Holders, and (b) that do not adversely affect the priorities set forth herein of the Key
Holders. 
  

	 	6.	Selection of Underwriters. 

 If any of the
Registrable Common Stock covered by a Demand Registration Statement or a Shelf Registration Statement is to be sold in an underwritten offering, the Key Holder making the demand or requesting the Underwritten Shelf Takedown shall have the right to
select the managing underwriter(s) to administer the offering subject to the prior approval of the Company, which approval shall not be unreasonably withheld. 
  

 11 

	 	7.	Holdback Agreements. 

 Each of the Key Holders
(regardless of whether or not such Key Holder is a selling stockholder in any underwritten Demand Registration, Underwritten Shelf Takedown or underwritten Piggyback Registration, and, in each case, with respect to the Registrable Common Stock not
included in such underwritten offering) and the Company agrees not to, and the Company, if requested by the lead managing underwriter, shall obtain from its directors and executive officers (other than with respect to shares deemed to be
beneficially owned by such officer or director or an Affiliate of such officer or director which are included in the underwritten offering), and use its commercially reasonable best efforts to obtain from its beneficial owners of 5% or more of the
Company’s outstanding voting stock, agreements (in the underwriters’ customary form) not to, directly or indirectly offer, sell, pledge, contract to sell, (including any short sale), grant any option to purchase or otherwise dispose of any
equity securities of the Company or enter into any hedging transaction relating to any equity securities of the Company during the 90 days beginning on the effective date of any underwritten Demand Registration Statement or any underwritten
Piggyback Registration Statement or the pricing date of any Underwritten Shelf Registration Takedown (except as part of such underwritten registration or pursuant to registrations on Form S-8 or S-4 or any successor forms thereto) unless the
underwriter managing the offering otherwise agrees to a shorter period, provided, however, that (i) the lock-up agreements, if any, with the Company’s officers and directors shall be on terms no less favorable than those of
the Key Holders; and (ii) if (A) the Company issues an earnings release or material news, or a material event relating to the Company occurs, during the last 17 days of the lock-up period, or (B) prior to the expiration of the
holdback period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the holdback period, the restrictions imposed by this Section 7 shall continue to apply until the expiration of
the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or material event; provided, however, that this sentence shall not apply if any research published or distributed by any underwriter on the
Company would be compliant under Rule 139 of the Securities Act and the Company’s securities are actively traded as defined in Rule 101(c)(1) of Regulation M of the Exchange Act. 
 The Company may impose stop-transfer instructions with respect to the Registrable Common Stock not included in the underwritten offering or other
securities subject to the foregoing restriction until the end of the applicable holdback period. 
  

	 	8.	Procedures. 

 (a) Whenever a Key
Holder requests that any Registrable Common Stock be registered or sold pursuant to this Agreement, the Company shall use commercially reasonable best efforts to effect the registration and the sale of such Registrable Common Stock in accordance
with the intended methods of disposition thereof, and pursuant thereto the Company shall as expeditiously as possible: 
 (i)
prepare and file with the SEC a Registration Statement with respect to such Registrable Common Stock and use commercially reasonable best efforts to cause such Registration Statement to become effective as soon as practicable thereafter; and at
least three (3) Business Days before filing a Registration Statement or 

  

 12 

 
Prospectus or any amendments or supplements thereto (including any prospectus supplement for a shelf takedown), furnish to the selling Key Holders and the
underwriter or underwriters, if any, copies of all such documents proposed to be filed, including documents incorporated by reference in the Prospectus and, if requested by the selling Key Holders, the exhibits incorporated by reference, and the
selling Key Holders (and the underwriter(s), if any) shall have the opportunity to review and comment thereon, and the Company will make such changes and additions thereto as reasonably requested by the selling Key Holders (and the underwriter(s),
if any) prior to filing any Registration Statement or amendment thereto or any Prospectus or any supplement thereto; 
 (ii)
prepare and file with the SEC such amendments and supplements to such Registration Statement and the Prospectus used in connection therewith as may be necessary to keep such Registration Statement effective as set forth in Section 2 or 3, as
applicable, hereof, or such shorter period as is necessary to complete the distribution of the securities covered by such Registration Statement and comply with the provisions of the Securities Act with respect to the disposition of all securities
covered by such Registration Statement during such period in accordance with the intended methods of disposition by the Key Holders thereof set forth in such Registration Statement and, in the case of the Shelf Registration Statement, prepare such
prospectus supplements containing such disclosures as may be reasonably requested by the Key Holders or any underwriter(s) in connection with each shelf takedown; 
 (iii) furnish to the selling Key Holders such number of copies of such Registration Statement, each amendment and supplement thereto, the
Prospectus included in such Registration Statement (including each preliminary Prospectus) and such other documents as the selling Key Holders and any underwriter(s) may reasonably request in order to facilitate the disposition of the Registrable
Common Stock, provided, however, that the Company shall have no such obligation to furnish copies of a final prospectus if the conditions of Rule 172(c) under the Securities Act are satisfied by the Company; 
 (iv) use commercially reasonable best efforts to register or qualify such Registrable Common Stock under such other securities or blue sky
laws of such jurisdictions (domestic or foreign) as any underwriter(s) reasonably requests to enable the Key Holders and any underwriter(s) to consummate the disposition in such jurisdictions of the Registrable Common Stock (provided, that the
Company will not be required to (1) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this subparagraph (iv), (2) subject itself to taxation in any such jurisdiction or
(3) consent to general service of process in any such jurisdiction); 
 (v) promptly notify the selling Key Holders and
any underwriter(s), at any time when a Prospectus relating thereto is required to be delivered under the Securities Act, of the occurrence of any event as a result of which the Prospectus included in such Registration Statement contains an untrue
statement of a material fact or omits any material fact necessary to make the statements therein not misleading, and, at the request of the selling Key Holders or any underwriter(s), the Company shall prepare a supplement or amendment to such
Prospectus so that, as thereafter delivered to the purchasers of such Registrable Common Stock, such Prospectus shall not contain an 

  

 13 

 
untrue statement of a material fact or omit to state any material fact necessary to make the statements therein not misleading; 
 (vi) in the case of an underwritten offering, (i) enter into such agreements (including underwriting agreements in customary form),
(ii) take all such other actions as the selling Key Holders or the underwriter(s) reasonably request in order to expedite or facilitate the disposition of such Registrable Common Stock (including, without limitation, causing senior management
and other Company personnel to cooperate with the Key Holders and the underwriter(s) in connection with performing due diligence), (iii) cause its counsel to issue opinions of counsel in form, substance and scope as are customary in
underwritten offerings, addressed and delivered to the underwriter(s) and the selling Key Holders and (iv) cause its independent certified public accountants to issue “comfort letters” in form, substance and scope as are customary in
underwritten offerings, addressed and delivered to the underwriter, if any, and the Company shall request for such “comfort letters” to also be addressed and delivered to each selling Key Holders; 
 (vii) in connection with each Fully Marketed Underwritten Offering requested by the Key Holders under Section 2 or 3, cause there to
occur Full Cooperation and, in all other cases, cause members of senior management of the Company to be available to participate in, and to cooperate with the underwriter(s) in connection with customary marketing activities (including select
conference calls and one-on-one meetings with prospective purchasers); 
 (viii) make available for inspection by the Key
Holders, any underwriter participating in any disposition pursuant to such Registration Statement, and any attorney, accountant or other agent retained by the Key Holders or underwriter, all financial and other records, pertinent corporate documents
and properties of the Company, and cause the Company’s officers, directors, employees and independent accountants to supply all information reasonably requested by the selling Key Holders, underwriter, attorney, accountant or agent in
connection with such Registration Statement; 
 (ix) use commercially reasonable best efforts to cause all such Registrable
Common Stock to be listed or qualified on each securities exchange, if any, on which securities of the same class issued by the Company are then listed or traded; 
 (x) provide a transfer agent and registrar for all such Registrable Common Stock not later than the effective date of such Registration
Statement; 
 (xi) if requested, cause to be delivered, immediately prior to the pricing of any underwritten offering,
immediately prior to effectiveness of each Registration Statement (and, in the case of an underwritten offering, at the time of closing of the sale of Registrable Common Stock pursuant thereto), letters from the Company’s independent registered
public accountants addressed to each underwriter, if any, and request such letters to be addressed to the selling Key Holders, stating that such accountants are independent public accountants within the meaning of the Securities Act and the 

  

 14 

 
applicable rules and regulations adopted by the SEC thereunder, and otherwise in customary form and covering such financial and accounting matters as are
customarily covered by letters of the independent registered public accountants delivered in connection with primary underwritten public offerings; and 
 (xii) promptly notify the selling Key Holders and the underwriter or underwriters, if any: 
 (1) when the Registration Statement, any pre-effective amendment, the Prospectus or any Prospectus supplement or post-effective amendment to the Registration Statement has been filed and, with respect to the Registration Statement or any
post-effective amendment, when the same has become effective; 
 (2) of any written request by the SEC for amendments or
supplements to the Registration Statement or Prospectus; 
 (3) of the notification to the Company by the SEC of its
initiation of any proceeding with respect to the issuance by the SEC of any stop order suspending the effectiveness of the Registration Statement; and 
 (4) of the receipt by the Company of any notification with respect to the suspension of the qualification of any Registrable Common Stock for sale under the applicable securities or blue sky laws of any jurisdiction.

 (b) The Company represents and warrants that no Registration Statement (including any amendments or supplements thereto and
Prospectuses contained therein) shall contain any untrue statement of a material fact or omit to state a material fact required to be stated therein, or necessary to make the statements therein not misleading (except that the Company makes no
representation or warranty with respect to information relating to the Key Holders furnished to the Company by or on behalf of the Key Holders specifically for use therein). 
 (c) The Company shall make available to the selling Key Holders (i) promptly after the same is prepared and publicly distributed,
filed with the SEC, or received by the Company, one copy of each Registration Statement and any amendment thereto, each preliminary Prospectus and Prospectus and each amendment or supplement thereto, each letter written by or on behalf of the
Company to the SEC or the staff of the SEC (or other governmental agency or self-regulatory body or other body having jurisdiction, including any domestic or foreign securities exchange), and each item of correspondence from the SEC or the staff of
the SEC (or other governmental agency or self-regulatory body or other body having jurisdiction, including any domestic or foreign securities exchange), in each case relating to such Registration Statement, and (ii) such number of copies of a
Prospectus, including a preliminary Prospectus, and all amendments and supplements thereto and such other documents as the selling Key Holders or any underwriter may reasonably request in order to facilitate the disposition of the Registrable Common
Stock. The Company will promptly notify the selling Key Holders of the effectiveness of each Registration Statement or any post-effective amendment. The 

  

 15 

 
Company will promptly respond to any and all comments received from the SEC, with a view towards causing each Registration Statement or any amendment thereto
to be declared effective by the SEC as soon as practicable and shall file an acceleration request as soon as practicable following the resolution or clearance of all SEC comments or, if applicable, following notification by the SEC that any such
Registration Statement or any amendment thereto will not be subject to review. 
 (d) The Company shall not permit any
officer, director, underwriter, broker or any other person acting on behalf of the Company to use any Free Writing Prospectus in connection with any registration statement covering Registrable Common Stock, without the prior written consent of the
selling Key Holder and any underwriter which consent shall not be unreasonably withheld or delayed. Any consent to the use of a free writing prospectus included in an underwriting agreement to which the Key Holders are parties shall be deemed to
satisfy the requirement for such consent. 
 (e) The Company may require the Key Holders to furnish to the Company any other
information regarding the Key Holders and the distribution of such securities as the Company reasonably determines, based on the advice of counsel, is required to be included in any Registration Statement. 
  

	 	9.	Registration Expenses. 

 (a) All
expenses incident to the Company’s performance of or compliance with this Agreement, including, without limitation, all registration and filing fees (including SEC registration fees and NASD filing fees), fees and expenses of compliance with
securities or “blue sky” laws, listing application fees, printing expenses, transfer agent’s and registrar’s fees, cost of printing and distributing Prospectuses in preliminary and final form as well as any amendments or
supplements thereto, and fees and disbursements of counsel for the Company and all accountants and other Persons retained by the Company (all such expenses being herein called “Registration Expenses”) (but not including any
underwriting discounts or commissions) shall be borne by the Company. In addition, the Company shall pay its internal expenses (including, without limitation, all salaries and expenses of its officers and employees performing legal or accounting
duties), the expense of any annual audit or quarterly review, the expense of any liability insurance and the expenses and fees for listing the securities to be registered on each securities exchange on which they are to be listed. 
 (b) In connection with each registration initiated hereunder (whether a Demand Registration, Shelf Registration, Piggyback Registration or
any Fully Marketed Underwritten Offering under each of the foregoing), the Company shall pay, or shall reimburse the Key Holders for, the reasonable fees and disbursements of one law firm chosen by the Key Holders as their counsel. 
 (c) The obligation of the Company to bear the expenses described in Section 9(a) and to pay or reimburse the Key Holders for the
expenses described in Section 9(b) shall apply irrespective of whether a registration, once properly demanded, if applicable, becomes effective, is withdrawn or suspended, is converted to another form of registration and irrespective of when
any of the foregoing shall occur. 
  

 16 

	 	10.	Indemnification. 

 (a) The Company
shall indemnify, to the fullest extent permitted by law, the Key Holders and their respective officers, directors, employees and Affiliates and each Person who controls the Key Holders (within the meaning of the Securities Act) against all losses,
claims, damages, liabilities and expenses arising out of or based upon any untrue or alleged untrue statement of material fact contained in any Registration Statement, Prospectus or preliminary Prospectus or any Issuer Free Writing Prospectus or any
amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading or any violation or alleged violation by the Company of the
Securities Act, the Exchange Act or applicable “blue sky” laws; provided, however that the Company shall not be liable in any case to the extent any such loss, claim, damage, liability or expense arises out of or is based
upon an untrue statement or allegedly untrue statement or omission or alleged omission contained in the Registration Statement, Prospectus or preliminary prospectus or any Issuer Freewriting Prospectus or any amendment thereto or supplement thereof
in reliance upon and in conformity with information relating to the Key Holders furnished in writing to the Company by the Key Holders expressly for use therein. In connection with an underwritten offering, the Company shall indemnify such
underwriter(s), their officers, employees and directors and each Person who controls such underwriter(s) (within the meaning of the Securities Act) to the same extent as provided above with respect to the indemnification of the Key Holders.

 (b) In connection with any Registration Statement in which the Key Holders are participating, the Key Holders shall furnish
to the Company, in writing, such information as the Company reasonably determines, based on the advice of counsel, is required to be included in any such Registration Statement or Prospectus and shall indemnify, to the fullest extent permitted by
law, the Company, its officers, employees, directors, Affiliates, and each Person who controls the Company (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and expenses arising out of or based upon any
untrue or alleged untrue statement of material fact contained in the Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be
stated therein or necessary to make the statements therein not misleading, but only to the extent that the same are made in reliance and in conformity with information relating to the Key Holders furnished in writing to the Company by the Key
Holders expressly for use therein. 
 (c) Any Person entitled to indemnification hereunder shall (i) give prompt written
notice to the indemnifying party of any claim with respect to which it seeks indemnification and (ii) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist
with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such defense is assumed, the indemnifying party shall not be subject to any liability
for any settlement made by the indemnified party without its consent (but such consent will not be unreasonably withheld). An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be obligated to pay
the fees and expenses of more than one counsel (in addition to any local counsel) for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable 

  

 17 

 
judgment of any indemnified party there may be one or more legal or equitable defenses available to such indemnified party that are in addition to or may
conflict with those available to another indemnified party with respect to such claim. Failure to give prompt written notice shall not release the indemnifying party from its obligations hereunder. 
 (d) The indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by or
on behalf of the indemnified party or any officer, director or controlling Person of such indemnified party and shall survive the transfer of securities. 
 (e) If the indemnification provided for in or pursuant to this Section 10 is due in accordance with the terms hereof, but is held by a court to be unavailable or unenforceable in respect of any losses, claims,
damages, liabilities or expenses referred to herein, then each applicable indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified Person as a result of such losses,
claims, damages, liabilities or expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the statements or omissions that
result in such losses, claims, damages, liabilities or expenses as well as any other relevant equitable considerations. The relative fault of the indemnifying party on the one hand and of the indemnified Person on the other shall be determined by
reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party,
and by such party’s relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. In no event shall the liability of the Key Holders be greater in amount than the amount of net proceeds
received by the Key Holders upon such sale. 
  

	 	11.	Liquidated Damages. 

 The Company and each Investor
agrees that each Investor will suffer damages if the Company fails to fulfill its obligations pursuant to this Agreement and that it would not be possible to ascertain the extent of such damages with precision. Accordingly, the Company hereby agrees
to pay partial liquidated damages and not a penalty (“Liquidated Damages”) to each Key Holder whose Registrable Common Stock are included in a Demand Registration Statement filed pursuant to Section 2 or in a Shelf Registration
Statement filed pursuant to Section 3 if: (a) such registration statement is not filed by the Company on or before the Demand Registration Filing Date, in the case of a Demand Registration Statement, or on or before the Shelf Registration
Statement Filing Date, in the case of a Shelf Registration Statement (such an event, a “Filing Default”); (b) such registration statement is not declared effective by the SEC on or prior to the earlier of (i) the forty-five
(45) calendar days following the Demand Registration Statement Filing Date or Shelf Registration Statement Filing Date, as applicable, ninety (90) calendar days in the event of a full review by the SEC) and (ii) the fifth Business Day
after the SEC advises the Company that the Demand Registration Statement or Shelf Registration Statement, as applicable, will not be reviewed or that the SEC has no further comments on the Demand Registration Statement or Shelf Registration
Statement, as applicable (such an event, an “Effectiveness Default”); (c) such Demand Registration Statement providing for resale pursuant to Rule 415 or Shelf Registration Statement, as applicable, after its 

  

 18 

 
effectiveness date ceases to be effective and available to such Key Holder for any continuous period that exceeds forty-five (45) days or for one or
more period that exceeds in the aggregate ninety (90) days in a twelve (12) month period (such an event, a “Suspension Default”) or (d) the Company delays a Key Holder’s request for an Underwritten Shelf Takedown
for a period that exceeds sixty (60) days (such an event, a “Takedown Default” and together with a Filing Default, Effectiveness Default and Suspension Default, a “Registration Default”). The foregoing
notwithstanding, during any periods that the Company is unable to meet its obligations under this Section 11 with respect to the registration of the Registrable Common Stock because any Key Holder fails to furnish information regarding such Key
Holder required to be included in any Demand Registration Statement or Shelf Registration Statement within five (5) Business Days after receipt by the Key Holder of the Company’s request for such information (a “Defaulting
Holder”), the time periods set forth in clauses (a) through (d) above shall be extended solely with respect to such Defaulting Holder by the number of days of any such delay in providing the required information and any Liquidated
Damages accruing solely with respect to such Defaulting Holder at such time shall be tolled and the Registration Default that may otherwise occur as a result of such delay solely with respect to such Defaulting Holder shall be suspended, until such
required information is delivered by the Defaulting Holder to the Company. For further clarification, the Company shall remain obligated to pay Liquidated Damages with respect to Registration Defaults to any Key Holder that is not a Defaulting
Holder. In the event of a Registration Default, the Company shall as Liquidated Damages pay to each of the requesting Key Holders, for each 30-day period of a Registration Default, an amount in cash equal to one percent (1%) of the aggregate
value of each such requesting Key Holder’s Registrable Common Stock on the date hereof calculated in accordance with Exhibit B hereto (the “Aggregate Value”) up to a maximum of seven and one-half percent (7.5%) of
the Aggregate Value provided that Liquidation Damages in respect of a Suspension Default or a Takedown Default shall not be payable in relation to Registrable Common Stock not owned by such Key Holder at the time of the Suspension Default or
Takedown Default. The Company shall pay the Liquidated Damages the date of each such Registration Default and in each monthly anniversary thereof until the applicable Registration Default is cured. The Liquidated Damages payable herein shall apply
on a pro rata basis for any portion of a thirty (30) day period of a Registration Default. The Liquidated Damages payable herein shall be in addition to any other rights the Key Holders have hereunder or under applicable law. 

 

	 	12.	Rule 144. 

 So long as the Company is subject to
Section 13 or 15(d) of the Exchange Act, the Company covenants that it will file the reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the SEC thereunder, and it will take
such further action as the Key Holders may reasonably request to make available adequate current public information with respect to the Company meeting the current public information requirements of Rule 144(c) under the Securities Act, to the
extent required to enable the Key Holders to sell Registrable Common Stock without registration under the Securities Act within the limitation of the exemptions provided by (i) Rule 144 under the Securities Act, as such Rule may be amended from
time to time, or (ii) any similar rule or regulation hereafter adopted by the SEC. Upon the request of the Key Holders, the Company will deliver to the Key Holders a written statement within two (2) Business Days of such request as to
whether it has complied with such information and requirements. 
  

 19 

	 	13.	Free Writing Prospectuses. 

 Each Key Holder
represents that it has not prepared or had prepared on its behalf or used or referred to, and agrees that it will not prepare or have prepared on its behalf or use or refer to, and agrees that it will not prepare or have prepared on its behalf or
use or refer to, any Free Writing Prospectus, and has not distributed and will not distribute any written materials in connection with the offer or sale of Common Stock without the prior written consent of the Company and, in connection with any
underwritten offering, the underwriters. Any such Free Writing Prospectus consented to by the Company and the underwriters, as the case may be, is hereinafter referred to as a “Permitted Free Writing Prospectus.” The Company
represents and agrees that it has treated and will treat, as the case may be, each Permitted Free Writing Prospectus as an Issuer Free Writing Prospectus, including in respect of timely filing with the SEC, legending and record keeping. 

 

	 	14.	Transfer of Registration Rights. 

 (a) The Key Holders may transfer all or any portion of their then-remaining rights under this Agreement to any transferee who acquires at least 15% of the Registrable Common Stock initially received by the Key Holders pursuant to the Plan
(each, a “transferee”). Any transfer of registration rights pursuant to this Section 14 shall be effective upon receipt by the Company of (i) written notice from the Key Holders stating the name and address of any transferee and
identifying the amount of Registrable Common Stock with respect to which the rights under this Agreement are being transferred and the nature of the rights so transferred and (ii) a written agreement from the transferee to be bound by all of
the terms of this Agreement. In connection with any such transfer, the term “Key Holders” as used in this Agreement shall, where appropriate to assign such rights to such transferees, be deemed to refer to the transferee holders of such
Registrable Common Stock. The Key Holders and such transferees may exercise the registration rights hereunder in such proportion (not to exceed the then-remaining rights hereunder) as they shall agree among themselves. For further clarification,
(i) in no event shall the aggregate number of rights to request a Demand Registration hereunder (the “Demand Rights”) be greater than the number of Demand Rights granted on the date hereof and (ii) the initial Key Holders and
their transferees shall not have in the aggregate a greater number of Demand Rights than such number of Demand Rights remaining at the time of any such transfer. 
 (b) After such transfer, the Key Holders shall retain their rights under this Agreement with respect to all other Registrable Common Stock
owned by the Key Holders. Upon the request of the Key Holders, the Company shall execute a Registration Rights Agreement with such transferee or a proposed transferee substantially similar to the applicable sections of this Agreement. 
  

	 	15.	Termination. 

 This Agreement shall terminate upon
the earliest to occur of (i) ten (10) years from the date hereof, (ii) when all shares of Registrable Common Stock have been sold, (iii) when, in the opinion of counsel to the Key Holders, all outstanding Registrable Common Stock
may be resold without registration under the Securities Act pursuant to Rule 144(k) under the Securities Act or 

  

 20 

 
any successor provision thereto, or (iv) Key Holders representing fifty percent (50%) of the Registrable Shares agree, by written consent, to
terminate this Agreement. 
  

	 	16.	Miscellaneous. 

 (a) Notices.
All notices, requests, consents and other communications required or permitted hereunder shall be in writing and shall be hand delivered or mailed postage prepaid by registered or certified mail or by facsimile transmission (with immediate telephone
confirmation thereafter) and, in the case of the Key Holders, shall also be sent via e-mail, 
 If to the Company, to: 
 Silicon Graphics, Inc. 
 1200 Crittendon Lane

 Mountain View, CA 94043 
 Attention: Mr. Barry Weinert 
 Vice President and General Counsel 
 Fax: (650) 933-0203 
 - with a copy to -

 Weil, Gotshal & Manges, LLP 
 767 Fifth Avenue 
 New York, NY 10153 
 Attention: Gary T. Holtzer, Esq. 
 Fax: (212) 310-8007 
 If to the Key Holders to the address set forth in Exhibit C and if to any transferee Key Holders, to the address of such transferee Key Holders
set forth in the transfer documentation provided to the Company, in each case with copies to (which shall not constitute notice) their respective counsel at the address set forth in Exhibit C, or at such other address as such party each may
specify by written notice to the others, and each such notice, request, consent and other communication shall for all purposes of the Agreement be treated as being effective or having been given when delivered personally, upon one Business Day after
being deposited with a courier if delivered by courier, upon receipt of facsimile confirmation if transmitted by facsimile, or, if sent by mail, at the earlier of its receipt or 72 hours after the same has been deposited in a regularly maintained
receptacle for the deposit of United States mail, addressed and postage prepaid as aforesaid. 
 (b) No Waivers. No
failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right,
power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 
  

 21 

 (c) 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. If the outstanding Common Stock is converted into or exchanged or substituted for other securities issued by any other Person, as a condition to the
effectiveness of the merger, consolidation, reclassification, share exchange or other transaction pursuant to which such conversion, exchange, substitution or other transaction takes place, such other Person shall automatically become bound hereby
with respect to such other securities constituting Registrable Common Stock and, if requested by the Key Holders or a permitted transferee, shall further evidence such obligation by executing and delivering to the Key Holders and such transferee a
written agreement to such effect in form and substance satisfactory to the Key Holders. 
 (d) Governing Law. The
internal laws of the State of Delaware shall govern the enforceability and validity of this Agreement, the construction of its terms and the interpretation of the rights and duties of the parties, without regard to its principles of conflicts of
laws that would implicate the substantive or procedural laws of any other jurisdiction. 
 (e) Jurisdiction. Any suit,
action or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions contemplated hereby may be brought in any federal or state court located in the County and
State of New York, and each of the parties hereby consents to the jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding and irrevocably waives, to the fullest extent permitted by law,
any objection which it may now or hereafter have to the laying of the venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding which is brought in any such court has been brought in an inconvenient
forum. Process in any such suit, action or proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction of any such court. Without limiting the foregoing, each party agrees that service of process on such
party as provided in Section 16(a) shall be deemed effective service of process on such party. 
 (f) Waiver of Jury
Trial. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 (g) Counterparts; Effectiveness. This Agreement may be executed in any number of counterparts (including by facsimile) and by
different parties hereto in separate counterparts, with the same effect as if all parties had signed the same document. All such counterparts shall be deemed an original, shall be construed together and shall constitute one and the same instrument.
This Agreement shall become effective when each party hereto shall have received counterparts hereof signed by all of the other parties hereto. 
 (h) Entire Agreement. This Agreement contains the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes and replaces all other prior agreements, written or oral,
among the parties hereto with respect to the subject matter hereof. 
  

 22 

 (i) Captions. The headings and other captions in this Agreement are for
convenience and reference only and shall not be used in interpreting, construing or enforcing any provision of this Agreement. 
 (j) Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions,
covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated so long as the economic or legal substance of the transactions contemplated hereby is not affected in any
manner materially adverse to any party. Upon such a determination, the parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the
transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible. 
 (k)
Amendments. The provisions of this Agreement, including the provisions of this sentence, may not be amended, modified or supplemented, and waivers or consents to or departures from the provisions hereof may not be given, without the written
consent of the Company and the Key Holders holding fifty percent (50%) of the Registrable Common Stock. 
 (l)
Aggregation of Stock. All Registrable Common Stock held by or acquired by any Person who is an Affiliate of any of the Key Holders will be aggregated together for the purpose of determining the availability of any rights under this Agreement.

 (m) Equitable Relief. The parties hereto agree that legal remedies may be inadequate to enforce the provisions of
this Agreement and that equitable relief, including specific performance and injunctive relief, may be used to enforce the provisions of this Agreement. 
 [Execution Page Follows] 
  

 23 

 IN WITNESS WHEREOF, this Registration Rights Agreement has been duly executed by each of the parties
hereto as of the date first written above. 
  

			
	 SILICON GRAPHICS, INC.

		
	 By:
	 	 /s/ Kathy Lanterman

	 Name:
	 	 Kathy Lanterman

	 Title:
	 	 Senior Vice President and Chief Financial Officer

 IN WITNESS WHEREOF, this Registration Rights Agreement has been duly executed by each of the parties
hereto as of the date first written above. 
  

			
	WATERSHED CAPITAL PARTNERS, L.P.
		
	By:	 	WS Partners, L.L.C., its General Partner
		
	By:	 	/s/ Meridee A. Moore
	Name:	 	Meridee A. Moore
	Title:	 	Senior Managing Member
	
	WATERSHED CAPITAL INSTITUTIONAL PARTNERS, L.P.
		
	By:	 	WS Partners, L.L.C., its General Partner
		
	By:	 	/s/ Meridee A. Moore
	Name:	 	Meridee A. Moore
	Title:	 	Senior Managing Member
	
	WATERSHED CAPITAL PARTNERS (OFFSHORE), LTD.
		
	By:	 	Watershed Asset Management, L.L.C., its Investment Manager
		
	By:	 	/s/ Meridee A. Moore
	Name:	 	Meridee A. Moore
	Title:	 	Senior Managing Member

 IN WITNESS WHEREOF, this Registration Rights Agreement has been duly executed by each of the parties
hereto as of the date first written above. 
  

			
	QDRF MASTER LTD.
		
	By:	 	Quadrangle Debt Recovery Advisors LLC
	Its:	 	Advisor
		
	By:	 	/s/ Christopher Santana
	Name:	 	Christopher Santana
	Title:	 	Member
	
	QUADRANGLE DEBT OPPORTUNITIES FUND MASTER LTD.
		
	By:	 	Quadrangle Debt Recovery Advisors LLC
	Its:	 	Advisor
		
	By:	 	/s/ Christopher Santana
	Name:	 	Christopher Santana
	Title:	 	Member
	
	QUADRANGLE DEBT RECOVERY INCOME FUND MASTER LTD.
		
	By:	 	Quadrangle Debt Recovery Advisors LLC
	Its:	 	Advisor
		
	By:	 	/s/ Christopher Santana
	Name:	 	Christopher Santana
	Title:	 	Member

 IN WITNESS WHEREOF, this Registration Rights Agreement has been duly executed by each of the parties
hereto as of the date first written above. 
  

			
	 ADAGIO FUND

		
	By:	 	Symphony Asset Management LLC, as its General Partner
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer
	
	ANDANTE FUND, L.P.
		
	By:	 	Symphony Asset Management LLC, as its General Partner
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer
	
	ARPEGGIO FUND
		
	By:	 	Symphony Asset Management LLC, as its General Partner
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer
	
	ENCORE FUND, L.P.
		
	By:	 	Symphony Asset Management LLC, its General Partner
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer

			
	RHAPSODY FUND, L.P.
		
	By:	 	Symphony Asset Management LLC, as its General Partner
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer
	
	 “SEPARATE ACCOUNT A”

		
	By:	 	Symphony Asset Management LLC as its Investment Manager
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer
	
	 “SEPARATE ACCOUNT B”

		
	By:	 	Symphony Asset Management LLC as its Investment Manager
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer
	
	 TEMPO 05 FUND

		
	By:	 	Symphony Asset Management LLC, as its General Partner
		
	By:	 	/s/ Neil L. Rudolph
	Name:	 	Neil L. Rudolph
	Title:	 	Chief Operating Officer

 Exhibit A 
 PLAN OF DISTRIBUTION 
 Silicon Graphics, Inc. [or such defined term] is registering the shares of
common stock covered by this prospectus for the selling stockholders. As used in this prospectus, “selling stockholders” includes the donees, transferees, pledgees or others who may later hold the selling stockholders’ interests.
Pursuant to a registration rights agreement, dated as of October 17, 2006, Silicon Graphics agreed to register the common stock owned by the selling stockholders and to indemnify the selling stockholders against certain liabilities related to
the selling of the common stock, including liabilities arising under the Securities Act. Under the registration rights agreement, Silicon Graphics also agreed to pay the costs and fees of registering the shares of common stock; however, the selling
stockholders will pay any brokerage commissions or underwriting discounts relating to the sale of the shares of common stock. 
 The selling
stockholders may sell the common stock being offered hereby in one or more of the following ways at various times: 
  

	 	•	 	to underwriters for resale to the public or to institutional investors; 

  

	 	•	 	directly to institutional investors; or 

  

	 	•	 	through agents to the public or to institutional investors. 

 The selling stockholder may offer its shares of common stock in one or more offerings pursuant to one or more prospectus supplements, if required by applicable law, and any such prospectus supplement will set forth the terms of the relevant
offering to the extent required. To the extent the shares of common stock offered pursuant to a prospectus supplement remain unsold, the selling stockholders may offer those shares of common stock on different terms pursuant to another prospectus
supplement. 
 The selling stockholders will act independently of Silicon Graphics in making decisions with respect to the timing, manner and
size of each sale. The selling stockholders may sell the common stock on any national securities exchange on which the common stock may be listed and traded or otherwise, at market prices prevailing at the time of sale, at prices related to the
prevailing market prices, or at negotiated prices. If underwriters are used in the sale, the common stock will be acquired by the underwriters for their own account and may be resold at various times in one or more transactions, including negotiated
transactions, at a fixed public offering price or prices, which may be changed, at market prices prevailing at the time of sale, at prices related to such prevailing market prices, or at negotiated prices. A distribution of the common stock by the
selling stockholders may also be effected through the issuance by the selling stockholders or others of derivative securities, including without limitation, warrants, exchangeable securities, forward delivery contracts and the writing of options.

 In addition, the selling stockholders may sell some or all of the shares of common stock covered by this
prospectus through: 
  

	 	•	 	a block trade in which a broker-dealer will attempt to sell as agent, but may position or resell a portion of the block, as principal, in order to facilitate the transaction;

  

	 	•	 	purchases by a broker-dealer, as principal, and resale by the broker-dealer for its account; 

  

	 	•	 	ordinary brokerage transactions and transactions in which a broker solicits purchasers; or 

  

	 	•	 	privately negotiated transactions. 

 The selling
stockholders may also enter into hedging transactions. For example, the selling stockholders may: 
  

	 	•	 	enter into transactions with a broker-dealer or affiliate thereof in connection with which such broker-dealer or affiliate will engage in short sales of the common stock pursuant to
this prospectus, in which case such broker-dealer or affiliate may use shares of common stock received from the selling stockholders to close out its short positions; 

  

	 	•	 	sell common stock short itself and redeliver such shares to close out its short positions; 

  

	 	•	 	enter into option or other types of transactions that require the selling stockholders to deliver common stock to a broker-dealer or an affiliate thereof, who will then resell or
transfer the common stock under this prospectus; or 

  

	 	•	 	loan or pledge the common stock to a broker-dealer or an affiliate thereof, who may sell the loaned shares or, in an event of default in the case of a pledge, sell the pledged
shares pursuant to this prospectus. 

 In addition,
                                 may enter into derivative or hedging transactions
with third parties, or sell securities not covered by this prospectus to third parties in privately negotiated transactions. In connection with such a transaction, the third parties may sell securities covered by and pursuant to this prospectus and
an applicable prospectus supplement. If so, the third party may use securities borrowed from
                                 or others to settle such sales and may use
securities received from                                  to close out any related
short positions.                                  may also loan or pledge
securities covered by this prospectus and an applicable prospectus supplement to third parties, who may sell the loaned securities or, in an event of default in the case of a pledge, sell the pledged securities pursuant to this prospectus and the
applicable prospectus supplement. 
 The applicable prospectus supplement will set forth the terms of the offering of the common stock
covered by this prospectus, including: 
  

	 	•	 	the name or names of any underwriters, dealers or agents and the amounts of securities underwritten or purchased by each of them, if any; and 

	 	•	 	the public offering price of the common stock and the proceeds to the selling stockholders and any discounts, commissions or concessions or other items constituting compensation
allowed, reallowed or paid to underwriters, dealers or agents, if any. 

 Any public offering price and any discounts,
commissions, concessions or other items constituting compensation allowed or reallowed or paid to underwriters, dealers or agents may be changed from time to time. 
 The selling stockholders may negotiate and pay broker-dealers’ commissions, discounts or concessions for their services. Broker-dealers engaged by the selling stockholders may allow other broker-dealers to
participate in resales. The selling stockholders and any broker-dealers involved in the sale or resale of the common stock may qualify as “underwriters” within the meaning of Section 2(a)(11) of the Securities Act. In addition, the
broker-dealers’ commissions, discounts or concessions may qualify as underwriters’ compensation under the Securities Act. If any the selling stockholders qualifies as an “underwriter,” it will be subject to the prospectus
delivery requirements of Section 5(b)(2) of the Securities Act. 
 In addition to selling its common stock under this prospectus, the
selling stockholders may: 
  

	 	•	 	agree to indemnify any broker-dealer or agent against certain liabilities related to the selling of the common stock, including liabilities arising under the Securities Act;

  

	 	•	 	transfer its common stock in other ways not involving market makers or established trading markets, including directly by gift, distribution, or other transfer;

  

	 	•	 	sell its common stock under Rule 144 of the Securities Act rather than under this prospectus, if the transaction meets the requirements of Rule 144; or 

  

	 	•	 	sell its common stock by any other legally available means. 

 Exhibit B 
 Silicon Graphics, Inc. 
 Liquidated Damages Calculation 
 (US Dollars) 
  

				
	 Share Price Calculations
	  		
	 Disclosure Statement Equity Value
	  	$	179,100,000
	 Shares Outstanding (1)
	  	 	11,125,000
	 Share Price
	  	$	16.10
		
	 Aggregate Consideration
	  		
	 Total Shares Received by Backstop Providers
	  	 	5,632,194
	 Total Value of Shares Received
	  	$	90,671,995.09
	 Liquidated Damages at 1.0%
	  	$	906,719.95
	 Liquidated Damages at 7.5%
	  	$	6,800,399.63

	(1)	Assumes full exercise of the Over-Allotment by the Backstop Providers. 

 WATERSHED CAPITAL PARTNERS, L.P. 
 c/o Watershed Asset Management, L.L.C. 
 One Maritime Plaza 
 Suite 1525 
 San Francisco, CA 94111 
 Attention: Kevin Katari 
 Fax: (415) 391-3919 
 WATERSHED CAPITAL INSTITUTIONAL PARTNERS, L.P. 
 c/o Watershed Asset Management, L.L.C. 
 One Maritime Plaza 
 Suite 1525 
 San Francisco, CA 94111 
 Attention: Kevin Katari 
 Fax: (415) 391-3919 
 WATERSHED CAPITAL PARTNERS (OFFSHORE), LTD. 
 c/o Watershed Asset Management, L.L.C. 
 One Maritime Plaza 
 Suite 1525 
 San Francisco, CA 94111 
 Attention: Kevin Katari 
 Fax: (415) 391-3919 
 QDRF MASTER LTD. 
 c/o Quadrangle Debt Recovery Advisors LLC 
 375 Park Avenue 
 New York, NY 10152 
 Attention: Chun Won Yi 
 Fax: (866) 648-6526 
 QUADRANGLE DEBT OPPORTUNITIES FUND MASTER LTD. 
 c/o Quadrangle Debt Recovery Advisors LLC 
 375 Park Avenue 
 New York, NY 10152 
 Attention: Chun Won Yi 
 Fax: (866) 648-6526 
 QUADRANGLE DEBT RECOVERY INCOME FUND MASTER LTD. 
 c/o Quadrangle Debt Recovery Advisors LLC 
 375 Park Avenue 
 New York, NY 10152 
 Attention: Chun Won Yi 
 Fax: (866) 648-6526 

 ADAGIO FUND 
 c/o Symphony
Asset Management LLC 
 555 California Street, Suite 2975 
 San
Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph 
 Fax:
(415) 676-2480 
 ANDANTE FUND, L.P. 
 c/o Symphony Asset
Management LLC 
 555 California Street, Suite 2975 
 San
Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph 
 FAX:
(415) 676-2480 
 ARPEGGIO FUND 
 c/o Symphony Asset
Management LLC 
 555 California Street, Suite 2975 
 San
Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph 
 Fax:
(415) 676-2480 
 ENCORE FUND, L.P. 
 c/o Symphony Asset Management LLC 
 555 California Street, Suite 2975 
 San Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph 
 Fax: (415) 676-2480 
 RHAPSODY FUND, L.P. 
 c/o Symphony Asset Management LLC 
 555 California Street, Suite 2975

 San Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph

 Fax: (415) 676-2480 
 “SEPARATE ACCOUNT A”

 c/o Symphony Asset Management LLC 
 555 California Street,
Suite 2975 
 San Francisco, CA 94104-1503 
 Attention: Neil
L. Rudolph 
 Fax: (415) 676-2480 

 “SEPARATE ACCOUNT B” 
 c/o Symphony Asset Management LLC 
 555 California Street, Suite 2975

 San Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph

 Fax: (415) 676-2480 
 TEMPO 05 FUND 
 c/o Symphony Asset Management LLC 
 555 California Street, Suite 2975

 San Francisco, CA 94104-1503 
 Attention: Neil L. Rudolph

 Fax: (415) 676-2480 
 IN EACH CASE WITH A COPY TO:

 Goodwin Procter LLP 
 599 Lexington Avenue 
 New York, NY 10022 
 Attention: Allan S. Brilliant, Esq. 
 Fax: (212) 355-3333Senior Secured Credit Facility, dated October 17, 2006

 Exhibit 10.2 
 $115,000,000 
 SENIOR SECURED CREDIT AGREEMENT 
 by and among 
 SILICON GRAPHICS, INC., 
 together with the Subsidiaries that are signatories hereto, 
 as Borrowers, 
 and 
 the other Credit Parties hereto from time to time, 
 as Guarantors 
 and 
 the LENDERS party hereto from time to
time, 
 and 
 MORGAN STANLEY
SENIOR FUNDING, INC., 
 as Administrative Agent, Bookrunner and Lead Arranger, 
 and 
 GENERAL ELECTRIC CAPITAL CORPORATION, 
 as Revolving Agent, Syndication Agent and Collateral Agent. 
 Dated as of October 17, 2006 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 Article I THE FACILITY
	  	2
	 Section 1.01.
	  	 Revolving Advances
	  	2
	 Section 1.02.
	  	 Letter of Credit Facility
	  	4
	 Section 1.03.
	  	 Term Loans
	  	4
	 Section 1.04.
	  	 Use of Proceeds
	  	7
	 Section 1.05.
	  	 Protective Advances
	  	7
	 Section 1.06.
	  	 Promise to Pay
	  	7
	 Section 1.07.
	  	 Notes
	  	7
	 Section 1.08.
	  	 Authorized Officers and Revolving Agent
	  	8
	 Section 1.09.
	  	 Joint and Several Liability of Borrowers
	  	9
	 Section 1.10.
	  	 Allocation of Payments and Proceeds of Collateral
	  	9
	 Section 1.11.
	  	 Limitations on LIBOR Loans
	  	11
	 Section 1.12.
	  	 Swap Related Reimbursement Obligations
	  	11
		
	 Article II PAYMENTS AND OTHER COMPENSATION
	  	12
	 Section 2.01.
	  	 Voluntary Prepayments/Reductions of Commitments
	  	12
	 Section 2.02.
	  	 Mandatory Prepayments
	  	13
	 Section 2.03.
	  	 Prepayment Premiums
	  	15
	 Section 2.04.
	  	 Payments
	  	16
	 Section 2.05.
	  	 Taxes
	  	17
		
	 Article III INTEREST
	  	20
	 Section 3.01.
	  	 Interest on the Loans and Other Obligations
	  	20
	 Section 3.02.
	  	 Conversion or Continuation
	  	21
	 Section 3.03.
	  	 Break Funding Payments
	  	22
	 Section 3.04.
	  	 Increased Costs; Illegality
	  	22
	 Section 3.05.
	  	 Mitigation Obligations
	  	24
	 Section 3.06.
	  	 Fees
	  	24
		
	 Article IV CONDITIONS TO LOANS
	  	25
	 Section 4.01.
	  	 Conditions Precedent to the Initial Loans
	  	25
	 Section 4.02.
	  	 Conditions Precedent to Revolving Advances and Issuances of Letters of Credit
	  	32
		
	 Article V REPRESENTATIONS AND WARRANTIES
	  	33
	 Section 5.01.
	  	 Representations and Warranties
	  	33
		
	 Article VI REPORTING COVENANTS
	  	43
	 Section 6.01.
	  	 Financial Statements
	  	43
	 Section 6.02.
	  	 Other Financial Information
	  	45
	 Section 6.03.
	  	 Defaults, Events of Default
	  	46
	 Section 6.04.
	  	 Lawsuits
	  	46
	 Section 6.05.
	  	 Insurance
	  	46
	 Section 6.06.
	  	 Environmental Notices
	  	46
	 Section 6.07.
	  	 Labor Matters
	  	47
	 Section 6.08.
	  	 Other Information
	  	47

  

 - i - 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	 Article VII AFFIRMATIVE COVENANTS
	  	48
	 Section 7.01.
	  	 Compliance with Laws and Contractual Obligations
	  	48
	 Section 7.02.
	  	 Payment of Taxes and Claims
	  	48
	 Section 7.03.
	  	 Conduct of Business and Preservation of Corporate Existence
	  	48
	 Section 7.04.
	  	 Field Examination; Real Estate Asset Appraisal; Other Appraisals; Lender Meeting
	  	49
	 Section 7.05.
	  	 Maintenance of Properties
	  	50
	 Section 7.06.
	  	 Transactions with Related Parties
	  	50
	 Section 7.07.
	  	 Further Assurances
	  	50
	 Section 7.08.
	  	 Additional Security; Additional Guaranties; Further Assurances
	  	51
	 Section 7.09.
	  	 Powers; Conduct of Business
	  	53
	 Section 7.10.
	  	 Use of Proceeds
	  	53
	 Section 7.11.
	  	 Obtaining of Permits, Etc.
	  	53
	 Section 7.12.
	  	 Environmental
	  	53
	 Section 7.13.
	  	 Fiscal Year
	  	53
	 Section 7.14.
	  	 Condemnation
	  	53
	 Section 7.15.
	  	 Maintenance of Insurance
	  	54
	 Section 7.16.
	  	 Change in Collateral; Collateral Records
	  	54
	 Section 7.17.
	  	 Payment of Contractual Obligations
	  	54
	 Section 7.18.
	  	 Formation of Subsidiaries
	  	55
	 Section 7.19.
	  	 Cash Management.
	  	55
	 Section 7.20.
	  	 Location of Inventory and Equipment
	  	56
	 Section 7.21.
	  	 Post-Closing Matters
	  	56
	 Section 7.22.
	  	 Threshold Inventory
	  	56
		
	 Article VIII NEGATIVE COVENANTS
	  	56
	 Section 8.01.
	  	 Liens
	  	56
	 Section 8.02.
	  	 Indebtedness
	  	57
	 Section 8.03.
	  	 Restrictions on Fundamental Changes
	  	57
	 Section 8.04.
	  	 Asset Dispositions, Etc.
	  	57
	 Section 8.05.
	  	 Limitation on Issuance of Capital Stock
	  	58
	 Section 8.06.
	  	 Limitations on Dividends and Distributions and Other Payment Restrictions Affecting Subsidiaries
	  	58
	 Section 8.07.
	  	 Investments
	  	59
	 Section 8.08.
	  	 Sale and Leaseback
	  	59
	 Section 8.09.
	  	 Negative Pledges
	  	59
	 Section 8.10.
	  	 Change in Nature of Business
	  	60
	 Section 8.11.
	  	 Change Name
	  	60
	 Section 8.12.
	  	 Restricted Payments
	  	60
	 Section 8.13.
	  	 Change of Control
	  	60
	 Section 8.14.
	  	 Modifications of Indebtedness, Organizational Documents and Certain Other Agreements
	  	60
	 Section 8.15.
	  	 Federal Reserve Regulations
	  	61
	 Section 8.16.
	  	 Investment Company Act of 1940
	  	61
	 Section 8.17.
	  	 Securities Accounts; Deposit Accounts
	  	61

  

 - ii - 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	 Section 8.18.
	  	 Impairment of Security Interests
	  	61
	 Section 8.19.
	  	 Inactive Subsidiaries
	  	61
	 Section 8.20.
	  	 Foreign Deposit Accounts
	  	61
	 Section 8.21.
	  	 Program Agreements
	  	61
		
	 Article IX FINANCIAL COVENANTS
	  	62
	 Section 9.01.
	  	 Total Leverage Ratio
	  	62
	 Section 9.02.
	  	 Minimum Levels of Consolidated EBITDA
	  	63
	 Section 9.03.
	  	 Minimum Liquidity
	  	63
	 Section 9.04.
	  	 Capital Expenditures
	  	63
		
	 Article X EVENTS OF DEFAULT, RIGHTS AND REMEDIES
	  	64
	 Section 10.01.
	  	 Events of Default
	  	64
	 Section 10.02.
	  	 Remedies
	  	67
	 Section 10.03.
	  	 Waivers by the Credit Parties
	  	67
		
	 Article XI GUARANTY OF OBLIGATIONS OF BORROWER
	  	67
	 Section 11.01.
	  	 Guaranty
	  	67
	 Section 11.02.
	  	 Nature of Liability
	  	68
	 Section 11.03.
	  	 Independent Obligation
	  	69
	 Section 11.04.
	  	 Demand by the Administrative Agent, the Revolving Agent or the Secured Creditors
	  	69
	 Section 11.05.
	  	 Enforcement of Guaranty
	  	69
	 Section 11.06.
	  	 Waiver
	  	70
	 Section 11.07.
	  	 Benefit of Guaranty
	  	70
	 Section 11.08.
	  	 Modification of Guaranteed Obligations, Etc.
	  	70
	 Section 11.09.
	  	 Reinstatement
	  	71
	 Section 11.10.
	  	 Waiver of Subrogation, Etc.
	  	72
	 Section 11.11.
	  	 Election of Remedies
	  	72
	 Section 11.12.
	  	 Further Assurances
	  	73
	 Section 11.13.
	  	 Limitation on Amount Guarantied; Contribution by Guarantors
	  	73
	 Section 11.14.
	  	 Additional Waivers
	  	73
		
	 Article XII THE AGENTS
	  	74
	 Section 12.01.
	  	 Appointment of Agents
	  	74
	 Section 12.02.
	  	 Agents’ Reliance, Etc.
	  	75
	 Section 12.03.
	  	 Agents in Individual Capacities
	  	75
	 Section 12.04.
	  	 Lender Credit Decision
	  	76
	 Section 12.05.
	  	 Costs and Expenses; Indemnification
	  	76
	 Section 12.06.
	  	 Successor Agents
	  	77
	 Section 12.07.
	  	 Collateral Matters
	  	79
	 Section 12.08.
	  	 Collateral Restrictions on Actions by the Agents and the Participating Lenders; Sharing Payments
	  	80
	 Section 12.09.
	  	 Several Obligations; No Liability
	  	80

  

 - iii - 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	 Article XIII MISCELLANEOUS
	  	81
	 Section 13.01.
	  	 Notices, Etc.
	  	81
	 Section 13.02.
	  	 Amendments, Etc.
	  	83
	 Section 13.03.
	  	 Non-Consenting Lenders; Replacement Lenders
	  	84
	 Section 13.04.
	  	 No Waiver; Remedies, Etc.
	  	85
	 Section 13.05.
	  	 Expenses; Taxes; Attorneys’ Fees
	  	85
	 Section 13.06.
	  	 Right of Set-Off
	  	86
	 Section 13.07.
	  	 Severability
	  	87
	 Section 13.08.
	  	 Complete Agreement; Sale of Interest
	  	87
	 Section 13.09.
	  	 Assignment; Register
	  	87
	 Section 13.10.
	  	 Counterparts
	  	89
	 Section 13.11.
	  	 GOVERNING LAW
	  	90
	 Section 13.12.
	  	 CONSENT TO JURISDICTION, SERVICE OF PROCESS AND VENUE
	  	90
	 Section 13.13.
	  	 WAIVER OF JURY TRIAL, ETC.
	  	90
	 Section 13.14.
	  	 Consent
	  	91
	 Section 13.15.
	  	 Interpretation
	  	91
	 Section 13.16.
	  	 Reinstatement; Certain Payments
	  	91
	 Section 13.17.
	  	 Indemnification
	  	91
	 Section 13.18.
	  	 Interest
	  	92
	 Section 13.19.
	  	 Records
	  	93
	 Section 13.20.
	  	 Binding Effect
	  	94
	 Section 13.21.
	  	 Confidentiality
	  	94
	 Section 13.22.
	  	 Lender Advertising
	  	94
	 Section 13.23.
	  	 Common Enterprise
	  	95
	 Section 13.24.
	  	 USA PATRIOT ACT
	  	95
		
	 Article XIV DEFINITIONS; CERTAIN TERMS
	  	95
	 Section 14.01.
	  	 Definitions
	  	95
	 Section 14.02.
	  	 Terms Generally
	  	127
	 Section 14.03.
	  	 Accounting and Other Terms
	  	127
	 Section 14.04.
	  	 Time References
	  	128

  

 - iv - 

 SCHEDULES 
 Schedule 1.03(a) - Term Loans 
 Schedule 4.01(v) - Real Estate Assets/Closing Date
Mortgaged Property 
 Schedule 4.01(w) - Cash Management Banks 
 Schedule 5.01(e) - Capitalization 
 Schedule 5.01(f) - Subsidiaries 
 Schedule 5.01(g) - Litigation 
 Schedule 5.01(o) - Real Property 
 Schedule 5.01(q) - Environmental Matters 
 Schedule 5.01(r) - Insurance 
 Schedule 5.01(t) - Accounts 
 Schedule 5.01(u) - Scheduled Intellectual Property Collateral 
 Schedule 5.01(u)(1) -
Non-exclusive Licenses 
 Schedule 5.01(v) - Material Contracts 
 Schedule 5.01(y) - Place of Business; Chief Executive Office; OIN; FEIN; Etc. 
 Schedule 5.01(y)(1) - Threshold Inventory Locations 
 Schedule 5.01(y)(2) - Threshold Equipment Locations 
 Schedule 5.01(z) - Commercial Tort Claims 
 Schedule 5.01(dd) - Inactive Subsidiaries 
 Schedule 7.21 - Post-Closing Matters 

Schedule 8.01 - Liens 
 Schedule 8.02 - Permitted Indebtedness 
 Schedule 8.05 - Plans 
 Schedule 8.07(b) - Investments 
 Schedule B - Initial Pro Rata Shares; Initial Commitments 
 EXHIBITS 
 Exhibit A - Letter of Credit Terms and Conditions 
 Exhibit B - Form of Notice of Borrowing 
 Exhibit C - Form of Revolving Note 
 Exhibit D - Form of Term Note 
 Exhibit E - Form of Notice of Conversion/Continuation 
 Exhibit F - Form of Officer’s Certificate 
 Exhibit G - Form of Compliance Certificate 
 Exhibit H - Form of Assignment & Acceptance 
 Exhibit I - Form of Joinder Agreement

  

 - v - 

 $115,000,000 SENIOR SECURED CREDIT AGREEMENT 
 This Senior Secured Credit Agreement, dated as of October 17, 2006 (as it may be amended, restated, modified, supplemented or extended from
time to time, including all exhibits and schedules thereto, or otherwise modified, the “Agreement”), by and among SILICON GRAPHICS, INC., a corporation formed under the laws of Delaware (the “Parent”), and certain
of the Parent’s Subsidiaries identified on the signature pages hereof, as borrowers (such Subsidiaries, together with Parent, are referred to hereinafter each individually as a “Borrower”, and collectively, jointly and
severally, as the “Borrowers”), and the other Credit Parties hereto from time to time, as Guarantors, the lenders party hereto from time to time (the “Lenders”), MORGAN STANLEY SENIOR FUNDING, INC., a corporation
formed under the laws of Delaware, as administrative agent for the Lenders (in such capacity, together with its successors and assigns, if any, the “Administrative Agent”) and as bookrunner and lead arranger (in such capacity, the
“Lead Arranger”), and GENERAL ELECTRIC CAPITAL CORPORATION, a corporation formed under the laws of Delaware, as revolving agent for the Revolving Lenders (in such capacity, together with its successors and assigns, if any, the
“Revolving Agent”), as collateral agent for the Secured Creditors (in such capacity, together with its successors and assigns, if any, the “Collateral Agent”) and as syndication agent (in such capacity, the
“Syndication Agent”). 
 RECITALS 
 WHEREAS, on May 8, 2006 (the “Petition Date”), the Borrowers filed a voluntary petition for relief in a bankruptcy court under chapter 11 of title 11 of the United States Code (the
“Bankruptcy Petition”) and entered into a credit facility to obtain debtor-in-possession financing (the “Junior Lien DIP Facility”), which was approved by the bankruptcy court on May 10, 2006; 

WHEREAS, on June 28, 2006, the Borrowers entered into a post-petition loan and security agreement (the “Post-Petition Loan
Agreement”) with the parties thereto to refinance the Junior Lien DIP Facility; 
 WHEREAS, the Borrowers now seek to obtain
additional funds to exit from the Chapter 11 Cases and have requested that the Lenders make available to them the Commitments, on the terms and conditions set forth herein, to, among other things, refinance existing debt, and fund working
capital requirements and other general corporate purposes of the Borrowers; and 
 WHEREAS, the Administrative Agent and the Lenders are
willing to make the Loans to the Borrowers upon the terms and conditions set forth herein; 
 NOW THEREFORE, in consideration of the premises
and the covenants and agreements contained herein and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

 ARTICLE I 
 THE FACILITY 
 Section 1.01. Revolving Advances. 
 (a) Revolving Commitments. Subject to the terms and conditions set forth herein, each Revolving Lender hereby severally agrees to make loans (each
a “Revolving Advance”) to the Borrowers from time to time on any Business Day during the Availability Period in an aggregate principal amount not to exceed at any time such Revolving Lender’s Pro Rata Share of the Available
Commitments; provided, that such aggregate principal amount does not result in such Revolving Lender’s Pro Rata Share of the Aggregate Exposure exceeding such Revolving Lender’s Revolving Commitment or the Aggregate Exposure of all
Revolving Lenders exceeding the Total Revolving Commitment of all Revolving Lenders; provided, further, that the Revolving Agent shall have the right from time to time to impose and adjust the amount of reserves against
availability in its reasonable credit judgment based upon a change in circumstance. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, repay and reborrow Revolving Advances.

 (b) Notice of Borrowing. If any Borrower desires to borrow under Section 1.01(a), the Borrower Representative shall
deliver to the Revolving Agent a Notice of Borrowing substantially in the form attached as Exhibit B, signed by the Borrower Representative on behalf of such Borrower, not later than 12:00 noon (i) in the case of a request for an
Alternate Base Rate Loan, on the proposed Funding Date or (ii) in the case of a request for a LIBOR Rate Loan, at least two (2) Business Days prior to the proposed Funding Date. Such Notice of Borrowing shall specify: (A) the
aggregate principal amount of Revolving Advances to be made on the Funding Date; (B) whether such Revolving Advances shall be comprised of LIBOR Rate Loans or Alternate Base Rate Loans; (C) the proposed Funding Date, which must be a
Business Day; and (D) if applicable, the LIBOR Period for such Revolving Advances. In lieu of delivering such a Notice of Borrowing, the Borrower Representative may give the Revolving Agent telephonic notice of any proposed borrowing by the
time required under this Section 1.01(b) if the Borrower Representative confirms such notice by delivery of the Notice of Borrowing to the Revolving Agent promptly, but in no event later than 2:00 p.m. on the same day. Each Notice of
Borrowing (or telephonic notice in lieu thereof) given pursuant to this Section 1.01(b) shall be irrevocable and binding on the applicable Borrower. 
 (c) Making the Revolving Advances. 
 (i) The Revolving Agent shall promptly notify
each Revolving Lender of the amount of each borrowing of Revolving Advances. Each Revolving Lender shall deposit with the Revolving Agent an amount equal to its Pro Rata Share of the amount of such borrowing in immediately available funds, not later
than 1:00 p.m. on the Funding Date applicable thereto. Subject to the satisfaction of the conditions precedent set forth in Article IV, the Revolving Agent shall make the proceeds of such amounts received by it available to the
applicable Borrower on such Funding Date. 
  

 - 2 - 

 (ii) Except as otherwise provided in this Section 1.01(c)(ii), all Revolving
Advances under this Agreement shall be made by the Revolving Lenders simultaneously and proportionately to their Pro Rata Shares. The failure of any Revolving Lender to deposit the amount described in clause (i) above with the Revolving
Agent on the applicable Funding Date shall not relieve any other Revolving Lender of its obligations hereunder to make its Revolving Advance on such Funding Date. No Revolving Lender shall be responsible for any failure by any other Revolving Lender
to perform its obligation to make a Revolving Advance hereunder nor shall the Revolving Commitment of any Revolving Lender be increased or decreased as a result of any such failure, and each Revolving Lender shall be obligated to make the Revolving
Advances required to be made by it by the terms of this Agreement regardless of the failure by any other Revolving Lender. 
 (d) Funding
of Revolving Advances. Unless the Revolving Agent shall have received notice from a Revolving Lender, prior to the requested Funding Date, that such Revolving Lender will not make available to the Revolving Agent such Revolving Lender’s Pro
Rata Share of such Loans, the Revolving Agent may, but shall not be required to, assume that such Revolving Lender has made such share available on such date in accordance with Section 1.01(c) and may in its sole discretion, but shall
not be required to, in reliance upon such assumption, make available to the applicable Borrower a corresponding amount. If any Lender either does not make its share of the applicable Loans available to the Revolving Agent or delays in doing so past
4:00 p.m. on the Funding Date (such Revolving Lender (until it makes such share available) shall be hereinafter referred to as a “Revolving Defaulting Lender”), then the Revolving Agent shall notify the Administrative Agent and the
applicable Borrower of such default. If the Revolving Agent has, in its sole discretion, made available to the applicable Borrower an amount corresponding to such Revolving Defaulting Lender’s Pro Rata Share of the Loans, then the Revolving
Defaulting Lender and the applicable Borrower jointly and severally agree to pay to the Revolving Agent forthwith on demand such corresponding amount with interest thereon, on each day from and including the date such amount is made available to the
applicable Borrower to but excluding the date of payment to the Revolving Agent, at: 
 (i) in the case of the Revolving
Defaulting Lender, the Federal Funds Rate; or 
 (ii) in the case of the Borrowers, the interest rate applicable to Alternate
Base Rate Loans. 
 If, with respect to the immediately preceding sentence, the applicable Borrower pays such amount and interest thereon to the Revolving
Agent, then the Revolving Defaulting Lender shall indemnify and hold harmless the applicable Borrower from and against such amount and interest thereon, and if such Revolving Defaulting Lender pays such amount to the Revolving Agent, then such
amount shall constitute such Revolving Defaulting Lender’s Revolving Advance. If the Revolving Agent, in its discretion, does not make available to the applicable Borrower an amount corresponding to the Revolving Defaulting Lender’s Pro
Rata Share of the applicable Revolving Advance, then (A) the Revolving Defaulting Lender shall indemnify and hold harmless the applicable Borrower from and against such amount as well as any and all losses, liabilities (including liabilities
for penalties), actions, suits, judgments, demands, costs, and 

  

 - 3 - 

 
expenses (including reasonable fees and disbursements for counsel including allocated cost of internal counsel) resulting from any failure on the part of the
Revolving Defaulting Lender to provide, or from any delay in providing, the Revolving Agent with such Revolving Defaulting Lender’s Pro Rata Share of the applicable Revolving Advance, but no Revolving Lender shall be so liable for any such
failure on the part of or caused by any other Revolving Lender or the Revolving Agent or the applicable Borrower and (B) such Pro Rata Share of the applicable Revolving Advance that was not made available shall (until made available) be
deemed not to be outstanding for purposes of calculating the Unused Commitment Fee pursuant to Section 3.06(b) and, in the event such Pro Rata Share has not been disregarded for such purposes, any amount paid by the Borrowers in respect
of such Pro Rata Share shall be reimbursed to the applicable Borrower by the applicable Revolving Defaulting Lender with interest thereon at the Federal Funds Rate for each day from and including the date such Pro Rata Share of the Unused Commitment
Fee was paid by the applicable Borrower to but excluding the date of reimbursement by the Revolving Defaulting Lender. The Revolving Agent, upon notice by the applicable Borrower that such reimbursement is due from the applicable Revolving
Defaulting Lender, shall notify such Revolving Defaulting Lender of the amount of the reimbursement due, including interest thereon, and shall forward such amount to the applicable Borrower upon receipt from the Revolving Defaulting Lender. The
Revolving Agent shall not, however, be liable to the applicable Borrower for any failure by any Revolving Defaulting Lender to reimburse the applicable Borrower for any amounts in respect of such Unused Commitment Fee. 
 (e) Repayment of Revolving Advances; Termination of Revolving Commitments. The principal amount of, interest on and fees related to all
outstanding Revolving Advances shall be repaid in full on the Maturity Date. The Revolving Commitments shall terminate on the Maturity Date. 
 Section 1.02. Letter of Credit Facility. Subject to and in accordance with the terms and conditions contained herein and in Exhibit A, any Borrower shall have the right to request, and the L/C Issuer agrees to issue,
Letters of Credit and the Revolving Lenders agree to incur, or purchase participations in, Letter of Credit Obligations in respect of such Borrower. 
 Section 1.03. Term Loans. 
 (a) Loan Commitment. Subject to the terms and conditions set forth
herein, each Term Lender hereby severally agrees to make a term loan (each, a “Term Loan”) in the principal amount set forth opposite each such Term Lender’s name on Schedule B hereto to the Borrower on the Closing
Date, in accordance with this Section 1.03. The aggregate principal amount of the Term Loans to be advanced shall not exceed eighty-five million Dollars ($85,000,000). Amounts repaid or prepaid under this Section 1.03 may not
be reborrowed. 
 (b) Notice of Borrowing. If any Borrower desires to borrow under Section 1.03(a), the Borrower
Representative shall deliver to the Administrative Agent a Notice of Borrowing signed by the Borrower Representative on behalf of such Borrower in substantially the form attached as Exhibit B (i) not later than 2:00 p.m. at
least one (1) Business Day in advance of the Closing Date, in the case of LIBOR Rate Loans and (ii) not later than 9:00 a.m. on the Closing Date, in the case of Alternate Base Rate Loans. Such Notice of Borrowing shall specify:
(A) the amount of the proposed Term Loans; (B) the proposed Closing Date, which 

  

 - 4 - 

 
must be a Business Day; and (C) in the case of LIBOR Rate Loans, the LIBOR Period applicable to such Term Loan. The Notice of Borrowing given pursuant
to this Section 1.03(b) shall be irrevocable and binding on the applicable Borrower. 
 (c) Making the Term Loans.
(i) The Administrative Agent shall promptly notify each Term Lender of the amount of Term Loans requested by the applicable Borrower. Each Term Lender shall deposit in the Administrative Agent Account an amount equal to its Pro Rata Share of
the Term Loan Commitments, in immediately available funds, not later than 12:00 noon on the Closing Date. Subject to the satisfaction of the conditions precedent set forth in Article IV, the Administrative Agent shall make the
proceeds of the Term Loans received by it available to the Borrowers on the Closing Date. 
 (ii) Except as otherwise provided
in this Section 1.03(c), all Term Loans under this Agreement shall be made by the Term Lenders simultaneously and proportionately to their Pro Rata Shares. The failure of any Term Lender to deposit the amount described in
clause (i) above with the Administrative Agent on the Closing Date shall not relieve any other Term Lender of its obligations hereunder to make its Term Loan on the Closing Date. No Lender shall be responsible for any failure by any
other Term Lender to perform its obligation to make a Term Loan hereunder nor shall the Term Loan Commitment of any Term Lender be increased or decreased as a result of any such failure, and each Term Lender shall be obligated to make the Term Loans
required to be made by it by the terms of this Agreement regardless of the failure by any other Term Lender. 
 (d) Funding of Term
Loans. Unless the Administrative Agent shall have received notice from a Term Lender, prior to the Closing Date, that such Term Lender will not make available to the Administrative Agent such Term Lender’s Pro Rata Share of such
Term Loans, the Administrative Agent may, but shall not be required to, assume that such Term Lender has made such Pro Rata Share available on such date in accordance with Section 1.03(c) and may in its sole discretion, but shall not be
required to, in reliance upon such assumption, make available to the applicable Borrower a corresponding amount. If any Term Lender either does not make its Pro Rata Share of the Term Loans available to the Administrative Agent or delays in doing so
past 4:00 p.m. on the Closing Date (such Term Lender (until it makes such Pro Rata Share available) hereinafter referred to as a “Term Defaulting Lender”), then the Administrative Agent shall immediately notify the applicable
Borrower of such default. If the Administrative Agent has, in its sole discretion, made available to the applicable Borrower an amount corresponding to such Term Defaulting Lender’s Pro Rata Share of the Term Loans, then the Term Defaulting
Lender and the applicable Borrower jointly and severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, on each day from and including the date such amount is made available to the
applicable Borrower to but excluding the date of payment to the Administrative Agent, at: 
 (i) in the case of the Term
Defaulting Lender, the Federal Funds Rate; or 
 (ii) in the case of the Borrowers, the interest rate applicable to Alternate
Base Rate Loans. 
  

 - 5 - 

 If, with respect to the immediately preceding sentence, the applicable Borrower pays such amount and interest thereon to
the Administrative Agent, then the Term Defaulting Lender shall indemnify and hold harmless the applicable Borrower from and against such amount and interest thereon, and if such Term Defaulting Lender pays such amount to the Administrative Agent,
then such amount shall constitute such Term Defaulting Lender’s Pro Rata Share of the Term Loans. If the Administrative Agent, in its discretion, does not make available to the applicable Borrower an amount corresponding to the Term Defaulting
Lender’s Pro Rata Share of the Term Loans, then the Term Defaulting Lender shall indemnify and hold harmless the applicable Borrower from and against such amount as well as any and all losses, liabilities (including liabilities for penalties),
actions, suits, judgments, demands, costs, and expenses (including reasonable fees and disbursements for counsel including allocated cost of internal counsel) resulting from any failure on the part of the Term Defaulting Lender to provide, or from
any delay in providing, the Administrative Agent with such Defaulting Lender’s Pro Rata Share of the Term Loans, but no Term Lender shall be so liable for any such failure on the part of or caused by any other Term Lender or the Administrative
Agent or the applicable Borrower. The Administrative Agent, upon notice by the applicable Borrower that such reimbursement is due from the applicable Term Defaulting Lender, shall notify such Term Defaulting Lender of the amount of the reimbursement
due, including interest thereon, and shall forward such amount to the applicable Borrower upon receipt from the Term Defaulting Lender. 
 (e) Repayment of Term Loans. The aggregate principal amount of the Term Loans shall be payable in Dollars in installments on the dates and in the amounts set forth below: 
  

				
	 Date
	  	Term Loan
Scheduled Repayment
	 December 26, 2008
	  	$	4,250,000
	 March 27, 2009
	  	$	4,250,000
	 June 26, 2009
	  	$	4,250,000
	 September 25, 2009
	  	$	4,250,000
	 December 25, 2009
	  	$	4,250,000
	 March 26, 2010
	  	$	4,250,000
	 June 25, 2010
	  	$	4,250,000
	 September 24, 2010
	  	$	4,250,000
	 December 24, 2010
	  	$	4,250,000
	 March 25, 2011
	  	$	4,250,000
	 June 24, 2011
	  	$	4,250,000
	 Maturity Date
	  	$	38,250,000
		  	 	 
	 Total
	  	$	85,000,000

 ; provided, that the final installment payable by the applicable Borrower on the Maturity Date in respect
of the Term Loans shall be in an amount, if such amount is different from that specified above, sufficient to repay the aggregate outstanding principal amount of all Term Loans. 
  

 - 6 - 

 Section 1.04. Use of Proceeds. Proceeds of the Loans shall be utilized to (a) replace
existing letters of credit, (b) refinance existing debt under the Post-Petition Loan Agreement, (c) pay fees and expenses incurred in connection with the transactions contemplated by this Agreement and (d) provide for working capital
requirements and other general corporate purposes of the Borrowers and their Subsidiaries. 
 Section 1.05. Protective Advances. The
Revolving Agent hereby is authorized by the Borrowers and the Participating Lenders, from time to time in the Revolving Agent’s sole discretion, (a) after the occurrence and during the continuance of a Default or Event of Default, or
(b) at any time that any of the other applicable conditions precedent set forth in Section 4.02 are not satisfied, to make loans to the Borrowers (“Protective Advances”) in an aggregate amount not to exceed three
million Dollars ($3,000,000) that the Revolving Agent, in its sole discretion, deems necessary or desirable (i) to preserve or protect the Collateral, or any portion thereof, (ii) to enhance the likelihood of repayment of the Obligations
or (iii) to pay any other amount chargeable to the Borrowers pursuant to the terms of this Agreement, including Participating Lender Expenses and the costs, fees and expenses pursuant to this Agreement. The Revolving Agent shall promptly notify
the Borrower Representative of any Protective Advances made to any Borrower. 
 Each Protective Advance shall be deemed to be a Loan
hereunder, except that no Protective Advance shall be eligible to be a LIBOR Rate Loan and all payments on the Protective Advances shall be payable to the Revolving Agent solely for its own account. The Protective Advances shall be repayable on
demand and shall be secured Obligations pursuant to the Security Documents, and shall bear interest at the rate applicable from time to time to Loans that are Alternate Base Rate Loans. The provisions of this Section 1.05 are for
the exclusive benefit of the Agents and the Participating Lenders and the Revolving Agent has no obligation to make Protective Advances. 
 Section 1.06. Promise to Pay. The Borrower agrees to pay the principal amount of the Term Loans on the dates and in the amounts set forth in Section 1.03(e) and further agrees to pay all unpaid interest accrued thereon in
accordance with the terms of this Agreement and any applicable Note. 
 Section 1.07. Notes. 
 (a) The Borrowers’ obligation to pay the principal of, and interest on, the Loans made to the Borrowers by each Lender shall be set forth
(i) with respect to the Term Loans, on the Term Register maintained by the Administrative Agent and (ii) with respect to Revolving Advances, on the Revolving Register maintained by the Revolving Agent and, subject to the provisions of
Sections 1.07(b), (c) and (d), shall be evidenced by, at the request of the Revolving Agent or the Administrative Agent, as the case may be, a promissory note substantially in the form of Exhibit C for the Revolving Note
and Exhibit D for the Term Note, with blanks appropriately completed in conformity herewith (each, as the same may be amended, supplemented or otherwise modified from time to time, a “Note”). 
 (b) The Revolving Note issued to each Revolving Lender shall (i) be executed jointly by each of the Borrowers, (ii) be payable to such
Revolving Lender or its registered 

  

 - 7 - 

 
assigns and be dated the Closing Date (or in the case of any Revolving Note issued after the Closing Date, the date of Issuance thereof), (iii) be in a
stated principal amount equal to such Revolving Lender’s Revolving Commitment on the date of the issuance thereof and be payable in the principal amount of Revolving Advances evidenced thereby from time to time, (iv) mature on the Maturity
Date, (v) bear interest as provided herein and (vi) be entitled to the benefits of this Agreement and the other Loan Documents. 
 (c) The Term Note issued to each Term Lender shall (i) be executed jointly by each of the Borrowers, (ii) be payable to such Term Lender or its registered assigns and be dated the Closing Date (or, in the case of any Term Note
issued after the Closing Date, the date of issuance thereof), (iii) be in a stated principal amount equal to the principal amount of the Term Loan of such Term Lender on the date of the issuance thereof and be payable in the principal amount of
the Term Loan evidenced thereby from time to time, (iv) mature on the Maturity Date, (v) bear interest as provided for herein and (vi) be entitled to the benefits of this Agreement and the other Loan Documents. 
 (d) Notwithstanding anything to the contrary contained above or elsewhere in this Agreement, Notes shall only be delivered to Lenders which at any time
specifically request the delivery of such Notes. No failure of any Lender to request or obtain a Note evidencing its Loans to the Borrowers shall affect or in any manner impair the obligations of the Borrowers to pay the Loans (and all related
Obligations) which would otherwise be evidenced thereby in accordance with the requirements of this Agreement, and shall not in any way affect the security or Guaranties therefor provided pursuant to the Loan Documents. At any time when any Lender
requests the delivery of a Note to evidence any of its Loans, each of the Borrowers shall promptly jointly execute and deliver to that Lender the requested Note in the appropriate amount or amounts to evidence such Loans. 
 Section 1.08. Authorized Officers and Revolving Agent. 
 (a) On the Closing Date and from time to time thereafter as necessary to reflect changes in the Authorized Officers, the Borrowers shall deliver to the Revolving Agent a secretary’s certificate setting forth the
names of the officers of the Borrowers authorized to request Revolving Advances and containing a specimen signature of each such officer or agent. The Revolving Agent shall be entitled to rely conclusively on such officer’s or agent’s
authority to request Revolving Advances until the Revolving Agent receives written notice to the contrary. In addition, the Revolving Agent shall be entitled to rely conclusively on any written notice sent to it by telecopy. The Revolving Agent
shall have no duty to verify the authenticity of the signature appearing on, or any telecopy or facsimile of, any written Notice of Borrowing, or any other document, and, with respect to an oral request for such a Loan, the Revolving Agent shall
have no duty to verify the identity of any person representing himself or herself as one of the officers or agents authorized to make such request or otherwise to act on behalf of the applicable Borrower. Neither the Revolving Agent nor the
Revolving Lenders shall incur any liability to the Borrowers, or any other Person in acting upon any telecopy or facsimile or telephonic notice referred to above which the Revolving Agent in good faith reasonably believes to have been given by a
duly Authorized Officer or other person authorized to borrow on behalf of the Borrowers except in the case of gross negligence or willful misconduct by the Revolving Agent or any Revolving Lender as determined in a final judgment by a court of
competent jurisdiction. 
  

 - 8 - 

 (b) Each Borrower hereby designates Silicon Graphics, Inc. as its representative and agent (in such
capacity, “Borrower Representative”) on its behalf for the purposes of issuing Notices of Borrowing and Notices of Conversion/Continuation, giving instructions with respect to the disbursement of the proceeds of the Loans, selecting
interest rate options, requesting Letters of Credit, 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 Borrowers under the Loan Documents. The Borrower Representative hereby accepts such appointment. Each Agent and each Participating Lender may regard any notice or other communication pursuant to any Loan Document from the Borrower
Representative as a notice or communication from all Borrowers, and may give any notice or communication required or permitted to be given to any Borrower or Borrowers hereunder to Borrower Representative on behalf of such Borrower or the Borrowers.
Each Borrower agrees that each notice, election, representation and warranty, covenant, agreement and undertaking made on its behalf by the 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. 
 Section
1.09. Joint and Several Liability of Borrowers. Each Borrower shall be jointly and severally liable for the repayment of, and agrees to pay when due, all Loans and all interest, fees, Participating Lender Expenses and other Obligations.

 Section 1.10. Allocation of Payments and Proceeds of Collateral. Except as otherwise provided in this Agreement with respect to
Defaulting Lenders, at any time (a) that an Event of Default has occurred and is continuing, (b) that proceeds of the Collateral are received in connection with the exercise of remedies by any Agent, or (c) after the Commitments have
terminated, whether at their stated maturity, by acceleration, automatically or otherwise in accordance with the terms hereof, all amounts collected or received by any Agent or any Participating Lender on account of the Borrowers’ Obligations
or any other amounts due or outstanding under any of the Loan Documents shall be paid over or delivered to the Collateral Agent for distribution as follows: 
 FIRST, on a pro rata basis, to the payment of all reasonable out-of-pocket costs and expenses (including reasonable attorneys’ fees) of the Administrative Agent, the Revolving Agent and the Collateral Agent
constituting Participating Lender Expenses, and to the payment of any fees then due to the Administrative Agent, the Revolving Agent or the Collateral Agent, each in its capacity as such; 
 SECOND, to the payment of all of the Borrowers’ Obligations to the Revolving Agent consisting of accrued fees and interest then due with
respect to Protective Advances; 
 THIRD, to the payment of the outstanding principal amount then due of the Borrowers’ Obligations
with respect to Protective Advances; 
 FOURTH, on a pro rata basis, to the payment of all of the Borrowers’ Obligations to the
Revolving Lenders and the L/C Issuer consisting of accrued fees and interest then due with respect to Revolving Advances and Letters of Credit (including interest (other than Default 

  

 - 9 - 

 
Interest) that, but for the filing of a petition in bankruptcy with respect to the Parent or any of its Subsidiaries, would have accrued on the Revolving
Advances and Letters of Credit (including any refinancing of such Obligations), whether or not a claim is allowed against such Person for such interest in the related bankruptcy proceeding); 
 FIFTH, on a pro rata basis, to the payment of interest and accrued fees and all reasonable out-of-pocket costs and expenses (including reasonable
attorneys’ fees) of each Hedging Agreement Provider and GE Capital then due in connection with obligations of the Credit Parties under Hedging Agreements and Swap Related Reimbursement Obligations; 
 SIXTH, on a pro rata basis, (i) to the payment of the outstanding principal amount then due of the Revolving Advances and the principal amount
of any unreimbursed drawings under Letters of Credit then due, (ii) to fund the cash collateralization of all outstanding Letters of Credit then due in an amount equal to 105% of the face amount thereof, (iii) to the payment of all
obligations then due of the Credit Parties to the Hedging Agreement Providers under Hedging Agreements in an amount not to exceed two million five hundred thousand Dollars ($2,500,000), and (iv) to the payment of principal amount then due to GE
Capital of the unpaid Swap Related Reimbursement Obligations in an amount not to exceed five million Dollars ($5,000,000); 
 SEVENTH, on a pro rata basis, to the payment of all of the Borrowers’ Obligations to the Term Lenders consisting of accrued fees and interest then due with respect to the Term Loans; 
 EIGHTH, on a pro rata basis, to the payment of the outstanding principal amount then due of the Term Loans; 
 NINTH, on a pro rata basis, (i) to the payment of all remaining obligations then due of the Credit Parties to the Hedging Agreement Providers under
Hedging Agreements and (ii) to the payment of the remaining principal amount then due to GE Capital of the unpaid Swap Related Reimbursement Obligations. 
 TENTH, to all other Obligations, if any, which shall have become due and payable under the Loan Documents or otherwise and not otherwise repaid; and 
 ELEVENTH, to the payment of the surplus, if any, to the Borrowers or whoever may be lawfully entitled to receive such surplus. 
 In carrying out the foregoing, (A) amounts received shall be applied equally and ratably in the numerical order provided until exhausted prior to the application to
the next succeeding category; (B) amounts payable to each of the Revolving Lenders or Term Lenders, as the case may be, shall be applied in accordance with their Pro Rata Share; (C) amounts payable to each of the Hedging
Agreement Providers shall be applied on a pro rata basis; and (D) to the extent that any amounts pursuant to clause “SIXTH” above are attributable to the cash collateralization of issued but undrawn amount of outstanding Letters
of Credit and Swap Related Reimbursement Obligations, such amounts shall be paid to the Collateral Agent and applied (1) first, to all ongoing fees and expenses of the L/C Issuer and the Collateral Agent in connection with the outstanding
Letters of Credit and Swap Related Reimbursement Obligations, (2) second, to reimburse the L/C Issuer from time to time for any drawings under such Letters of Credit and 

  

 - 10 - 

 
Swap Related Reimbursement Obligations, and (3) third, following the expiration of all Letters of Credit and Swap Related Reimbursement Obligations, to
all other obligations of the types described in clauses “SEVENTH” through “ELEVENTH” above in the manner provided in this Section 1.10. 
 Section 1.11. Limitations on LIBOR Loans. No more than twelve (12) LIBOR Rate Loans may be in effect at any time. For purposes hereof, LIBOR Rate Loans with different LIBOR Periods shall be considered as
separate LIBOR Rate Loans, even if they shall begin on the same date or have the same duration, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing LIBOR Periods to
constitute a new LIBOR Rate Loan with a single LIBOR period. The Borrowers may only exercise the LIBOR option for LIBOR Rate Loans of at least five million Dollars ($5,000,000) and integral multiples of one million Dollars ($1,000,000) in excess
thereof. 
 Section 1.12. Swap Related Reimbursement Obligations. 
 (a) Each Borrower agrees to reimburse GE Capital in immediately available funds in the amount of any payment made by GE Capital under a Swap Related L/C
(such reimbursement obligation, whether contingent upon payment by GE Capital under the Swap Related L/C or otherwise, being herein called a “Swap Related Reimbursement Obligation”). No Swap Related Reimbursement Obligation for any
Swap Related L/C may exceed the amount of the payment obligations owed by the relevant Borrower under the interest rate protection or hedging agreement or transaction supported by the Swap Related L/C. 
 (b) A Swap Related Reimbursement Obligation shall be due and payable by a Borrower within one (1) Business Day after the date on which the related
payment is made by GE Capital under the Swap Related L/C. 
 (c) Any Swap Related Reimbursement Obligation shall, during the period in which
it is unpaid, bear interest at the rate per annum equal to the LIBOR Rate plus one percent (1%), as if the unpaid amount of the Swap Related Reimbursement Obligation were a LIBOR Loan, and not at any otherwise applicable Default Rate. Such interest
shall be payable upon demand. The following additional provisions apply to the calculation and charging of interest on Swap Related Reimbursement Obligations by reference to the LIBOR Rate: 
 (i) The LIBOR Rate shall be determined for each successive one-month LIBOR Period during which the Swap Related Reimbursement Obligation
is unpaid, notwithstanding the occurrence of any Event of Default and even if the LIBOR Period were to extend beyond the Maturity Date. 
 (ii) If a Swap Related Reimbursement Obligation is paid during a monthly period for which the LIBOR Rate is determined, interest shall be pro-rated and charged for the portion of the monthly period during which the
Swap Related Reimbursement Obligation was unpaid. Section 3.03 shall not apply to any payment of a Swap Related Reimbursement Obligation during the monthly period. 
  

 - 11 - 

 (iii) Notwithstanding the last paragraph of the definition of “LIBOR Rate”, if
the LIBOR Rate is no longer available from Telerate News Service, the LIBOR Rate with respect to Swap Related Reimbursement Obligations shall be determined by GE Capital from such financial reporting service or other information available to GE
Capital as in GE Capital’s reasonable discretion indicates GE Capital’s cost of funds. 
 (d) Except as provided in the foregoing
provisions of this Section 1.12 and in Section 13.05, Borrowers shall not be obligated to pay to GE Capital or any of its Affiliates any Letter of Credit Fee, or any other fees, charges or expenses, in respect of a Swap
Related L/C or arranging for any interest rate protection or hedging agreement or transaction supported by the Swap Related L/C. GE Capital and its Affiliates shall look to the beneficiary of a Swap Related L/C for payment of any such letter of
credit fees or other fees, charges or expenses and such beneficiary may factor such fees, charges, or expenses into the pricing of any interest rate protection or hedging arrangement or transaction supported by the Swap Related L/C. 
 (e) If any Swap Related L/C is revocable prior to its scheduled expiry date, GE Capital agrees not to revoke the Swap Related L/C unless the Maturity
Date or an Event of Default has occurred. 
 (f) GE Capital or any of its Affiliates shall be permitted to (i) provide confidential or
other information furnished to it by any of the Credit Parties (including, without limitation, copies of any documents and information in or referred to in the closing checklist, financial statements and Compliance Certificates) to a beneficiary or
potential beneficiary of a Swap Related L/C and (ii) receive confidential or other information from the beneficiary or potential beneficiary relating to any agreement or transaction supported or to be supported by the Swap Related L/C. However,
no confidential information shall be provided to any Person under this paragraph unless the Person is an Eligible Assignee or a swap counterparty approved by the Borrower Representative and has agreed to comply with the covenant substantially as
contained in Section 13.21 of this Agreement. 
 ARTICLE II 
 PAYMENTS AND OTHER COMPENSATION 
 Section 2.01. Voluntary Prepayments/Reductions of
Commitments. (a) Optional Prepayment of Term Loans. So long as the Credit Parties meet the Minimum Liquidity requirements set forth in Section 9.03 (calculated on a pro forma basis after giving effect to the prepayment
contemplated under this Section 2.01(a)), the Borrowers shall have the right, upon at least three (3) Business Days’ prior written notice by the Borrower Representative to each of the Administrative Agent and the Revolving
Agent, to voluntarily prepay all or any portion (in a minimum amount of two million Dollars ($2,000,000) or such lesser amount as may then remain outstanding or integral multiples of one million Dollars ($1,000,000) in excess thereof) of the Term
Loans on any Business Day upon payment of the applicable Prepayment Premium pursuant to Section 2.03(a). Any prepayment of any Term Loan shall be accompanied by the payment of all accrued and unpaid interest with respect to the principal
being prepaid through the date of prepayment and any applicable Prepayment Premium pursuant to Section 2.03(a). Subject to Section 1.10, any partial prepayment of any Term Loans shall be 

  

 - 12 - 

 
applied to the remaining installments of the Term Loans in the inverse order of maturity thereof until all Term Loans are repaid in full. 
 (b) Optional Prepayment of Revolving Advances. As set forth in Section 1.01(a), at any time after the Closing Date, the Borrowers may
prepay, without regard to the Minimum Liquidity requirements set forth in Section 9.03 and with no corresponding reduction in Revolving Commitments, and thereafter reborrow, subject to the terms and conditions set forth herein (including
Section 3.03), all or any portion of the Revolving Advances then outstanding. 
 (c) Optional Reduction of Revolving
Commitments. So long as the Credit Parties, on a consolidated basis, meet the Minimum Liquidity requirements set forth in Section 9.03 (calculated on a pro forma basis after giving effect to the reduction contemplated under this
Section 2.01(c)), the Borrowers shall have the right, upon at least five (5) Business Days’ prior written notice by the Borrower Representative to each of the Administrative Agent and the Revolving Agent and upon payment of the
applicable Commitment Reduction Fee pursuant to Section 2.03(b) to cancel the Total Revolving Commitment in full or to reduce the amount thereof; provided, that the amount of the Total Revolving Commitment shall at no time be less
than the sum of (i) the outstanding principal amount of all Revolving Advances plus (ii) the Letter of Credit Exposure. Partial reductions of the Total Revolving Commitment shall be in a minimum amount of two million Dollars
($2,000,000) or such lesser amount as may then remain outstanding or integral multiples of one million Dollars ($1,000,000) in excess thereof and shall reduce each Revolving Lender’s Revolving Commitment on a pro rata basis based upon such
Revolving Lender’s Pro Rata Share. All cancellations or reductions shall be permanent. Any such notice of reduction shall be accompanied by the payment of the Unused Commitment Fee accrued through the date of such cancellation or reduction and
the applicable Commitment Reduction Fee pursuant to Section 2.03(b). 
 Section 2.02. Mandatory Prepayments. 

(a) Prepayments from Asset Dispositions. Subject to Section 2.02(e), (i) Except as set forth below, within five (5)
Business Days after the receipt by a Credit Party or any Subsidiary of a Credit Party of any Net Cash Proceeds (other than from an Excluded Asset Disposition), the Borrowers shall cause 100% of such Net Cash Proceeds to be applied to prepay the
Loans; provided, however, that if the Borrower Representative notifies each of the Administrative Agent and the Revolving Agent in writing within such five (5) Business Day period that the applicable Credit Party or Subsidiary has
applied or intends to apply such Net Cash Proceeds to acquire, maintain, develop, construct, improve, upgrade, repair or invest in assets used or useful in the business of such Credit Party or such applicable Subsidiary or any other Credit Party,
then the applicable Credit Party or Subsidiary, shall, so long as no Event of Default shall have occurred and be continuing, be permitted to use such proceeds as notified to the Administrative Agent and the Revolving Agent within one hundred eighty
(180) days of the receipt thereof; provided further, that to the extent such proceeds (1) have not been used or irrevocably committed to be used for such a replacement or restoration within one hundred eighty (180) days of
the receipt thereof or (2) have not been used for such replacement within 180 days of such irrevocable commitment, such Net Cash Proceeds shall be applied to prepay the Loans, on a pro rata basis. It is agreed that any Net Cash Proceeds of any
Disposition consisting 

  

 - 13 - 

 
of any of the Borrowers’ equity interest in, or a material portion of the assets of, any Foreign Subsidiary not reinvested within the applicable time
will be used to prepay the Loans. All prepayments under this Section 2.02(a)(i) shall be accompanied by all accrued and unpaid interest on the Loans being prepaid and, in the case of any prepayment under this
Section 2.02(a)(i) that results in a prepayment in full, any applicable Prepayment Premium. 
 (ii) Except as set
forth below, within five (5) Business Days after the receipt by a Credit Party or any Subsidiary of a Credit Party of Net Casualty/Condemnation Proceeds, the Borrowers shall cause 100% of such Net Casualty/Condemnation Proceeds to be applied to
prepay the Loans; provided, however, that if the Borrower Representative notifies each of the Administrative Agent and the Revolving Agent in writing within such five (5) Business Day period that the applicable Credit Party or
Subsidiary has applied or intends to apply such Net Casualty/Net Condemnation proceeds to acquire, maintain, develop, construct, improve, upgrade, repair or invest in assets used or useful in the business of such Credit Party or such applicable
Subsidiary or any other Credit Party, then the applicable Credit Party or Subsidiary, shall, so long as no Event of Default shall have occurred and be continuing, be permitted to use such proceeds in an amount not to exceed two hundred fifty
thousand Dollars ($250,000) per occurrence or two and a half million Dollars ($2,500,000) in the aggregate as so notified to the Administrative Agent and the Revolving Agent within one hundred eighty (180) days of the receipt thereof;
provided further, that to the extent such Net Proceeds (1) have not been used or irrevocably committed to be used for such a replacement or restoration within one hundred eighty (180) days of the receipt thereof or
(2) have not been used for such replacement within 180 days of such irrevocable commitment, such Net Casualty/Condemnation Proceeds shall be applied to prepay the Loans, on a pro rata basis. All prepayments under this
Section 2.02(a)(ii) shall be accompanied by all accrued and unpaid interest on the Loans being prepaid and, in the case of any prepayment under this Section 2.02(a)(ii) that results in a prepayment in full, any applicable
Prepayment Premium. 
 (b) Prepayments from Incurrence of Indebtedness. Within one (1) Business Day following the receipt by any
Credit Party or any Subsidiary of a Credit Party of cash proceeds from the issuance or incurrence of any Indebtedness (other than Permitted Indebtedness), the Borrowers shall prepay the Loans in an amount equal to 100% of the proceeds from such
issuance or incurrence, underwriting discounts and commissions and other reasonable, out-of-pocket costs and expenses associated therewith. All such prepayments shall be accompanied by (i) all accrued and unpaid interest on the Loans being
prepaid and (ii) the applicable Prepayment Premium. 
 (c) Cash Proceeds of Extraordinary Receipts. Within five (5) Business
Days following the receipt by any Credit Party or any Subsidiary of a Credit Party of any Extraordinary Receipts, the Borrowers shall prepay the Loans in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable costs, fees and
expenses incurred in collecting such Extraordinary Receipts and a reserve for any Taxes expected to be paid in connection therewith; provided, however, that if the Borrower Representative notifies each of the Administrative Agent and
the Revolving Agent within five (5) Business Days that the applicable Credit Party or Subsidiary has applied or intends to apply such Extraordinary Receipts to 

  

 - 14 - 

 
acquire, maintain, develop, construct, improve, upgrade, repair or invest in assets used or useful in the business of any Credit Party or the applicable
Subsidiary, then such Credit Party or Subsidiary, as applicable, shall, so long as no Event of Default shall have occurred and be continuing, be permitted to use such Extraordinary Receipts as notified to the Administrative Agent and the Revolving
Agent within one hundred eighty (180) days of the receipt thereof. All such prepayments shall be accompanied by all accrued and unpaid interest on the Loans being prepaid and the applicable Prepayment Premium. 
 (d) Application of Proceeds. Subject to Section 1.10, all prepayments under this Section 2.02 shall be applied to the
remaining installments of the Term Loans in the inverse order of maturity thereof until all of the Term Loans are repaid in full on a pro rata basis according to each Term Lender’s Pro Rata Share, or, if no Term Loans are outstanding at the
time of the relevant prepayment, to the Revolving Advances on a pro rata basis according to each Revolving Lender’s Pro Rata Share without any reduction of the Revolving Commitments and shall be accompanied by the payment of all accrued and
unpaid interest and fees with respect to the principal being prepaid through the date of prepayment. All voluntary prepayments under Section 2.01(b) shall be applied to the repayment of outstanding Revolving Advances with no reduction in
the Revolving Commitments. 
 (e) Repatriation. Section 2.02(a) and Section 2.02(c) shall apply only to the
extent that the repatriation of such Net Cash Proceeds, Net Casualty/Condemnation Proceeds or Extraordinary Receipts, as the case may be, by a Foreign Subsidiary is not prohibited by any Governmental Authority. In addition, to the extent that the
repatriation of such Net Cash Proceeds, Net Casualty/Condemnation Proceeds or Extraordinary Receipts, as the case may be, by a Foreign Subsidiary would result in a material adverse tax consequence or is subject to any material adverse currency
restriction, such Net Cash Proceeds, Net Casualty/Condemnation Proceeds or Extraordinary Receipts, as the case may be, shall be applied in accordance with Section 2.02(a) as promptly as practicable, but in any event no later than 210
days following the receipt of such Net Cash Proceeds, Net Casualty/Condemnation Proceeds or Extraordinary Receipts by such Foreign Subsidiary. 
 Section 2.03. Prepayment Premiums. 
 (a) In connection with (i) any repayments of Term Loans
made pursuant to Section 1.10, (ii) any prepayments of Term Loans made pursuant to Section 2.01(a) in excess of five million Dollars ($5,000,000), (iii) any prepayment of Term Loans pursuant to
Sections 2.02(a) or (c) that results in a prepayment in full of the Term Loans and (iv) any prepayments pursuant to Section 2.02(b), the Borrowers shall pay to the Administrative Agent a prepayment premium
(the “Prepayment Premium”) for the benefit of the Term Lenders in an amount equal to the aggregate principal amount to be repaid multiplied by the percentage set forth below: 
  

				
	 Prepayment Date
	  	Percentage	 
	 On or prior to September 28, 2007
	  	2.0	%
	 After September 28, 2007 and on or prior to September 26, 2008
	  	1.0	%
	 After September 26, 2008
	  	0	%

  

 - 15 - 

 (b) Revolving Commitment Reductions. In connection with any reductions of Revolving Commitments
made pursuant to Section 1.10, Section 2.01(c) and Section 10.02(a), the Borrowers shall pay to the Revolving Agent a prepayment premium (the “Commitment Reduction Fee”) for the benefit of the
Revolving Lenders in an amount equal to the aggregate principal amount to be repaid multiplied by the percentage set forth below: 
  

				
	 Prepayment Date
	  	Percentage	 
	 On or prior to September 28, 2007
	  	1.0	%
	 After September 28, 2007
	  	0	%

 Section 2.04. Payments. 
 (a) General Provisions. All payments to be made by a Credit Party shall be made without set-off, counterclaim or other defense. Except as
otherwise expressly provided herein, all payments by a Credit Party shall be made to the Revolving Agent for the ratable account of the relevant Participating Lender or Agent, as the case may be, at the payment office identified by the Revolving
Agent, and shall be made in and in immediately available funds, no later than 2:00 p.m., on the dates specified herein, as the case may be, to be reimbursed. The Revolving Agent will promptly distribute to the relevant Participating Lender or
Agent its Pro Rata Share or other applicable share as expressly provided herein, of each such payment in like funds as received. Any payment received by the Revolving Agent later than 2:00 p.m. on any Business Day shall be deemed to have been
received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day. 
 (b)
Sharing of Payments. Except as otherwise provided herein, if any Lender shall obtain any payment (whether voluntary, involuntary, through the exercise of any right of set-off, or otherwise) on account of any Obligation in excess of its
ratable share of payments on account of similar obligations obtained by all the Lenders, such Lender shall (i) notify the Administrative Agent or the Revolving Agent of such fact and (ii) forthwith purchase from the other Lenders such
participations in such similar obligations held by them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that if all or any portion of such excess payment
is thereafter recovered from such purchasing Lender, such purchase from each other Lender shall be rescinded and such other Lender shall repay to the purchasing Lender the purchase price to the extent of such recovery together with an amount equal
to such other Lender’s ratable share (according to the proportion of (i) the amount of such Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender of any interest or other amount paid by the
purchasing Lender in respect 

  

 - 16 - 

 
of the total amount so recovered). Each Credit Party agrees that any Lender so purchasing a participation from another Lender pursuant to this
Section 2.04(b) may, to the fullest extent permitted by law, exercise all of its rights (including the Lender’s right of set-off) with respect to such participation as fully as if such Lender were the direct creditor of such Credit
Party in the amount of such participation. 
 (c) Apportionment of Payments. Subject to the provisions of Section 2.01,
Section 2.02 and this Section 2.04, all payments of principal and interest in respect of outstanding Loans, and all payments of fees and all other payments in respect of any other Obligation, shall be allocated among the
Lenders in proportion to their respective Pro Rata Shares of such Obligations owing to them or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment at the time when such
payment is made. 
 (d) Payments on Non-Business Days. Whenever any payment to be made by the Borrower hereunder or under the Notes is
stated to be due on a day which is not a Business Day, the payment shall instead be due on the next succeeding Business Day. 
 Section 2.05.
Taxes. 
 (a) Payment of Taxes. Except as set forth below, any and all payments by a Credit Party hereunder, under the Notes or
under any other Loan Document shall be made free and clear of and without deduction for any and all Indemnified Taxes. If a Credit Party shall be required by law to withhold or deduct any Indemnified Taxes from or in respect of any sum payable
hereunder, under the Notes or under any other Loan Document to any Lender or Agent, (A) such sum payable shall be increased by an additional amount so that after making all such required withholdings or deductions (including such withholdings
or deductions applicable to additional amounts payable under this Section 2.05(a)), such Lender or Agent receives an amount equal to the sum it would have received had no such withholdings or deductions been made, (B) such Credit
Party shall make such withholdings or deductions, and (C) such Credit Party shall pay the full amount withheld or deducted to the relevant taxation authority or other authority in accordance with Applicable Law. Notwithstanding the foregoing, a
Credit Party shall not be required to pay any such additional amounts to any Agent or any Lender with respect to any Indemnified Taxes or Other Taxes to the extent such Indemnified Taxes or Other Taxes (1) are attributable to such Agent’s
or Lender’s failure to comply with the requirements of Sections 2.05(e) or (f) or (2) in the case of a Lender that becomes a Lender pursuant to Section 3.05(b), are United States federal withholding
taxes imposed on amounts payable to such Lender at the time such Lender becomes a party to this Agreement, except to the extent that such Lender’s assignor was entitled, at the time of assignment, to receive additional amounts from a Credit
Party with respect to such Indemnified Taxes or Other Taxes pursuant to this paragraph. In no case shall an Eligible Assignee or purchaser of a Participation be entitled to indemnity for Taxes exceeding such indemnity as to which the assignor or
seller would have been entitled under this section for Taxes in the absence of such assignment or sale of a Participation (as the case may be). 
  

 - 17 - 

 (b) Other Taxes. In addition, the Credit Parties agree to pay any present or future stamp or
documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this
Agreement or any other Loan Document (hereinafter referred to as “Other Taxes”). 
 (c) Indemnification. The Credit
Parties will indemnify each Participating Lender and each Agent that has complied with the requirements of Section 2.05(e) or (f), as the case may be, against, and reimburse each, within twenty (20) days of a receipt of
written demand therefor, for the full amount of all Indemnified Taxes and Other Taxes (including any Indemnified Taxes or Other Taxes imposed by any Governmental Authority on amounts payable to such Agent or Lender under this
Section 2.05(c) incurred or paid by such Participating Lender or such Agent (as the case may be), or any Affiliate of such Participating Lender or Agent on or with respect to any payment by or on account of any obligation of the Credit
Parties hereunder, and any penalties, interest, and reasonable out-of-pocket expenses paid to third parties arising therefrom or with respect thereto. For the avoidance of doubt, the Credit Parties shall not be required to indemnify a Participating
Lender or Agent pursuant to this Section 2.05(c) with respect to any Taxes in respect of which the Credit Parties would not be required to pay any additional amount pursuant to Section 2.05(a) if such Taxes were withheld or
deducted by the Credit Parties. 
 (d) Receipts. Within thirty (30) days after a request from the Administrative Agent or the
Revolving Agent, each Credit Party will furnish to the Administrative Agent the original or a certified copy of a receipt, if available, or other reasonably available documentation reasonably satisfactory to the Administrative Agent evidencing
payment of such Indemnified Taxes or Other Taxes (including in respect of payments of additional amounts) required to be paid by such Credit Party pursuant to this Section 2.05. The Borrowers will furnish to the Administrative Agent and
the Revolving Agent upon the Administrative Agent’s or the Revolving Agent’s request, an Officer’s Certificate stating that all Indemnified Taxes and Other Taxes of which it is aware that are due have been paid and that no additional
Indemnified Taxes or Other Taxes of which it is aware are due. 
 (e) Nonresident Certifications. 
 (i) Each Participating Lender that is not a United States Person (as defined in Section 7701(a)(30) of the Code) (a “Non-U.S.
Lender”) shall deliver to the Administrative Agent on or prior to the Closing Date, or, in the case of a Participating Lender that becomes a Participating Lender pursuant to Section 3.05(b) hereof, on or prior to the date on
which such Participating Lender becomes a Participating Lender pursuant to Section 3.05(b), a true and accurate IRS Form W-8BEN, W-8IMY (with the necessary attachments), W-8EXP, W-8ECI or any subsequent version thereof or successors
thereto and such other documentation prescribed by Applicable Law executed in duplicate by a duly authorized officer of such Participating Lender to the effect that such Participating Lender is eligible as of such date to receive payments hereunder
and under the Notes free and clear or at a reduced rate of United States federal withholding tax or, in the case of a Lender that becomes a Participating Lender pursuant to Section 3.05(b), that such Participating Lender is subject to
United States federal 

  

 - 18 - 

 
withholding tax at a rate not in excess of the rate to which the assignor was subject as a result of a Change in Law, as described in
Section 2.05(e)(ii)(B). 
 (ii) Each Non-U.S. Participating Lender further agrees to deliver to the Administrative
Agent from time to time a true and accurate certificate executed in duplicate by a duly authorized officer of such Participating Lender before or promptly upon the occurrence of any event requiring a change in the most recent certificate
previously delivered by it to the Administrative Agent pursuant to this Section 2.05(e) (including upon the expiration, obsolescence or invalidity of such form, upon the designation of a new lending office and at such other times as may
be necessary in the determination of the Administrative Agent (in the reasonable exercise of its discretion)). Each certificate required to be delivered pursuant to this Section 2.05(e)(ii) shall certify as to one of the following:

 (A) that such Participating Lender can receive payments hereunder and under the Notes free and clear or at a reduced rate
of United States federal withholding tax (in which case the certificate shall be accompanied by two true and accurate originals of IRS Form W-8BEN, W-8IMY (with the necessary attachments), W-8EXP or W-8ECI, as applicable (or any successor
form)); 
 (B) that such Participating Lender is no longer capable of receiving payments hereunder or under the Notes free and
clear or at a reduced rate of United States federal withholding tax by reason of a Change in Law (including the Code or any applicable tax treaty) after the later of the Closing Date, or in the case of a Participating Lender that becomes a
Participating Lender pursuant to Section 3.05(b) hereof, after the date on which the Participating Lender became a Participating Lender pursuant to Section 3.05(b); or 
 (C) that such Participating Lender is not capable of receiving payments hereunder free and clear or at a reduced rate of United States
federal withholding tax other than by reason of a Change in Law (including the Code or applicable tax treaty) after the later of the Closing Date, or in the case of a Lender that becomes a Participating Lender pursuant to Section 3.05(b)
hereof, after the date on which the Participating Lender became a Participating Lender pursuant to Section 3.05(b). 
 (f)
Resident Certifications. Each Participating Lender that is a United States Person (as defined in Section 7701(a)(30) of the Code) and is not an “exempt recipient” (as such term is defined in Section 1.6049-4(c)(1)(ii) of
the United States Treasury Regulations) shall deliver to the Administrative Agent on or prior to the Closing Date, or, in the case of a Participating Lender that becomes a Participating Lender pursuant to Section 3.05(b) hereof, on or
prior to the date on which such Participating Lender becomes a Participating Lender pursuant to Section 3.05(b) hereof, two original copies of IRS Form W-9 (or any successor forms), properly completed and duly executed by such
Lender, and such other documentation reasonably requested by the Administrative Agent. 
  

 - 19 - 

 (g) Refunds and Tax Benefits. If a Participating Lender or Agent becomes aware that it is entitled
to claim a refund from a Governmental Authority in respect of Indemnified Taxes or Other Taxes as to which it has been indemnified by the Credit Parties or with respect to which a Credit Party has paid additional amounts pursuant to
Section 2.05(a), it shall make reasonable efforts to timely claim to such Governmental Authority for such refund at the Credit Parties’ expense. If a Participating Lender or Agent actually receives a payment of a refund (including
pursuant to a claim for refund made pursuant to the preceding sentence) in respect of any Tax or Other Tax as to which it has been indemnified by the Credit Parties or with respect to which a Credit Party has paid additional amounts pursuant to
Section 2.05(a), it shall within thirty (30) days from the date of such receipt pay over the amount of such refund to a Credit Party, net of all reasonable out-of-pocket expenses of such Lender or Agent and without interest (other
than interest paid by the relevant Governmental Authority with respect to such refund); provided that the Borrower, upon the request of such Participating Lender or Agent, agrees to repay the amount paid over to a Credit Party (plus
penalties, interest or other reasonable charges) to such Participating Lender or Agent in the event such Participating Lender or Agent is required to repay such refund to such Governmental Authority. 
 (h) Change in Lender Circumstances. The Credit Parties shall not be required pursuant to this Section 2.05 to pay any additional
amount to, or to indemnify, any Participating Lender, to the extent that such Participating Lender becomes subject to Taxes subsequent to the Closing Date or subsequent to the date such Participating Lender becomes a party to this Agreement as a
result of a change in the business activities, place of residence, place of incorporation, principal place of business, branch or lending office of such Participating Lender. For the avoidance of any doubt, this clause (h) shall not
apply if a Participating Lender becomes subject to Taxes as a result of any Change in Law. 
 ARTICLE III 
 INTEREST 
 Section 3.01. Interest on the
Loans and Other Obligations. 
 (a) Interest on Loans. The Borrowers agree to pay interest on the unpaid principal amount of each
Loan on each Interest Payment Date from the date of such Loan until such Loan is repaid in full at a rate equal to the Interest Rate for such Loan. The Borrowers shall pay accrued interest on the Loans in cash on each Interest Payment Date. All
computations of interest hereunder shall be made on the actual number of days elapsed over a year of, with respect to LIBOR Rate Loans, 360 days or, with respect to Alternate Base Rate Loans only, 365/366 days. 
 (b) Default Interest. Upon the occurrence, and during the continuance, of an Event of Default, the principal of and, to the extent permitted by
law, interest on the Term Loans or Revolving Advances and any other amounts owing hereunder or under the other Loan Documents shall bear interest, at the request of the Required Term Lenders or the Required Revolving Lenders, as the case may be,
payable on demand, at a per annum rate that is 2% greater than the rate which would otherwise be applicable (or if no rate is applicable, whether in respect of interest, fees or other amounts, then the Alternate Base Rate plus the Applicable
Margin for Revolving Advances plus 2%). 
  

 - 20 - 

 (c) Maximum Interest. Notwithstanding anything to the contrary set forth in
Sections 3.01(a) or (b) above, if at any time until payment in full of the Loans, the interest rate payable on any Loans exceeds the highest rate of interest permissible under any law which a court of competent jurisdiction
shall deem applicable hereto (the “Highest Lawful Rate”), then in such event and so long as the Highest Lawful Rate would be so exceeded, the rate of interest payable on such Loans shall be equal to the Highest Lawful Rate.
Thereafter, the interest rate payable on such Loans shall be the applicable interest rate pursuant to Sections 3.01(a) and (b) above unless and until such rate again exceeds the Highest Lawful Rate, in which event this
Section 3.01(c) shall again apply. In no event shall the total interest received by any Lender for any Loans pursuant to the terms hereof exceed the amount which it could lawfully have received for such Loans had the interest due
hereunder for such Loans been calculated for the full term thereof at the Highest Lawful Rate. Interest on the Loans at the Highest Lawful Rate shall be calculated at a daily rate equal to the Highest Lawful Rate divided by the number of days in the
year in which such calculation is made. In the event that a court of competent jurisdiction, notwithstanding the provisions of this Section 3.01(c), shall make a determination that a Lender has received interest hereunder or under any of
the Loan Documents in excess of the Highest Lawful Rate, such Lender shall, to the extent permitted by Applicable Law, promptly apply such excess first to any interest due or accrued and not yet paid under the Loans, then to the outstanding
principal of the Loans, then to other unpaid Obligations and thereafter shall refund any excess to the Borrower or as a court of competent jurisdiction may otherwise order. 
 Section 3.02. Conversion or Continuation. The Borrowers shall have the option (a) to convert all or any part of the outstanding LIBOR Rate
Loans to Alternate Base Rate Loans, (b) to convert Alternate Base Rate Loans to LIBOR Rate Loans or (c) to change or continue the LIBOR Period applicable to all or a portion of the LIBOR Rate Loans; provided, however, that
(i) except as provided in Section 3.04, LIBOR Rate Loans may be converted into Alternate Base Rate Loans only on the last day of the LIBOR Period applicable thereto unless the Borrowers agree to pay all amounts due pursuant to
Section 3.03, (ii) Loans extended as, or converted into, LIBOR Rate Loans shall be subject to the terms of the definition of “LIBOR Period” and (iii) any request for extension or conversion of a LIBOR Rate Loan
that shall fail to specify a LIBOR Period shall be deemed to be a request for a LIBOR Period of one month. Each such extension or conversion shall be effected by the Borrower Representative, on behalf of the applicable Borrower, to give a written
notice (or telephone notice promptly confirmed in writing) (a “Notice of Conversion/Continuation”) to the Revolving Agent prior to 12:00 noon on the third Business Day prior to the date of the proposed extension or conversion,
substantially in the form of Exhibit E hereto, specifying (A) the date of the proposed extension or conversion, (B) the Loans to be so extended or converted, (C) the types of Loans into which such Loans are to be
converted, and, if appropriate, (D) the applicable LIBOR Periods with respect thereto. So long as there is no Default or Event of Default, in the event the Borrowers do not request extension or conversion of any LIBOR Rate Loan in accordance
with this Section 3.02, or any such conversion or extension is not required by this Section 3.02, then such LIBOR Rate Loan shall be continued as a LIBOR Rate Loan (with a LIBOR Period of one month) at the end of each LIBOR
Period applicable thereto, until the Borrowers select an alternate LIBOR Period or convert such Loans to Alternate Base Rate Loans. In the event any LIBOR Rate Loans are not permitted to be converted into another LIBOR Rate Loan hereunder, such
LIBOR Rate Loans shall automatically be converted to Alternate Base Rate Loans at the end of the applicable LIBOR Period with respect thereto. The Revolving Agent shall give each Lender notice as 

  

 - 21 - 

 
promptly as practicable of any such proposed extension or conversion affecting any Loan. Promptly after receipt of a Notice of Conversion/Continuation under
this Section 3.02, the Revolving Agent shall notify each Lender by telex or telecopy, or other similar form of transmission, of the proposed conversion/continuation. Any Notice of Conversion/Continuation for conversion to, or
continuation of, a Loan shall be irrevocable, and the Borrowers shall be bound to convert or continue in accordance therewith. 
 Section
3.03. Break Funding Payments. In the event of the payment of any principal of any LIBOR Rate Loan other than on the last day of the LIBOR Period applicable thereto (including as a result of an Event of Default), or the failure to borrow or
prepay any Loan on the date specified in any notice delivered pursuant hereto, then, in any such event, the Borrowers shall compensate each applicable Lender for the loss, cost and expense (excluding in any event any Applicable Margin or other lost
profit) attributable to such event. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section 3.03 shall be delivered to the Borrowers and shall be conclusive absent
manifest error. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) Business Days after receipt thereof. 
 Section 3.04. Increased Costs; Illegality. 
 (a) Increased Costs Generally. If any Change in
Law shall: 
 (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar
requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Participating Lender; 
 (ii) subject any Participating Lender to any tax of any kind whatsoever with respect to this Agreement, any Letter of Credit, any participation in a Letter of Credit or any LIBOR Rate Loan made by it, or change the
basis of taxation of payments to such Participating Lender in respect thereof (except for Indemnified Taxes or Other Taxes covered by Section 2.05 and the imposition of, or any change in the rate of, any Excluded Tax payable by such
Participating Lender); or 
 (iii) impose on any Participating Lender or the London interbank market any other condition, cost
or expense affecting this Agreement or LIBOR Rate Loans made by such Lender or any Letter of Credit or participation therein; 
 and the result of any of the
foregoing shall be to increase the cost to such Participating Lender of making or maintaining any LIBOR Rate Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Participating Lender of participating in,
issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Participating Lender hereunder (whether of
principal, interest or any other amount) then, upon request of such Participating Lender, the Borrowers will pay to such Participating Lender, as the case may be, such additional amount or amounts as will compensate such Participating Lender,
as the case may be, for such additional costs incurred or reduction suffered. 
  

 - 22 - 

 (b) Capital Requirements. If any Participating Lender determines that any Change in Law affecting
such Participating Lender or any lending office of such Participating Lender or such Participating Lender’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such
Participating Lender’s capital or on the capital of such Participating Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of such Participating Lender or the Loans made by, or participations in Letters of
Credit held by, such Participating Lender, to a level below that which such Participating Lender or such Participating Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Participating
Lender’s policies and the policies of such Participating Lender’s holding company with respect to capital adequacy), then from time to time the Borrowers will pay to such Participating Lender, as the case may be, such additional amount or
amounts as will compensate such Participating Lender or such Participating Lender’s holding company for any such reduction suffered. 
 (c) Certificates for Reimbursement. A certificate of a Participating Lender setting forth the amount or amounts necessary to compensate such Participating Lender or its holding company, as the case may be, as specified in
paragraph (a) or (b) of this Section 3.04 and delivered to the Borrower Representative shall be conclusive absent manifest error. The Borrowers shall pay such Participating Lender, as the case may be, the amount
shown as due on any such certificate within ten (10) Business Days after receipt thereof. 
 (d) Delay in Requests. Failure or
delay on the part of any Participating Lender to demand compensation pursuant to this Section 3.04 shall not constitute a waiver of such Participating Lender’s right to demand such compensation; provided that the Borrowers
shall not be required to compensate a Participating Lender pursuant to this Section 3.04 for any increased costs incurred or reductions suffered more than nine (9) months prior to the date that such Participating Lender notifies the
Borrowers of the Change in Law giving rise to such increased costs or reductions and of such Participating Lender’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is
retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof). 
 (e)
Illegality. Notwithstanding anything to the contrary contained herein, if any Change in Law shall make it unlawful, or any central bank or other Governmental Authority shall assert that it is unlawful, for any Lender to agree to make or to
continue to fund or maintain any LIBOR Rate Loan, then, unless that Lender is able to make or to continue to fund or to maintain such LIBOR Rate Loan at another branch or office of that Lender without, in that Lender’s opinion, adversely
affecting it or its LIBOR Rate Loans or the income obtained therefrom, on notice thereof and demand therefor by such Lender to the Borrowers through the Administrative Agent or the Revolving Agent, (i) the obligation of such Lender to make, to
continue to fund or maintain LIBOR Rate Loans shall terminate and (ii) the Borrowers shall forthwith prepay in full, without any premium or penalty, all outstanding LIBOR Rate Loans owing by the Borrowers to such Lender, together with interest
accrued thereon and any amounts due pursuant to Section 3.03. 
  

 - 23 - 

 Section 3.05. Mitigation Obligations. 
 (a) Designation of a Different Lending Office. If any Participating Lender requests compensation under Section 3.04, or requires the
Borrowers to pay any amount to any Participating Lender or any Governmental Authority for the account of any Participating Lender pursuant to Section 2.05, then such Participating Lender shall use reasonable efforts to designate a
different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the reasonable judgment of such Participating Lender, such designation or
assignment (i) would eliminate or reduce amounts payable pursuant to Section 2.05 or Section 3.04, as the case may be, in the future and (ii) would not subject such Participating Lender to any unreimbursed cost or
expense and would not otherwise be disadvantageous to such Participating Lender. The Borrowers hereby agree to pay all reasonable costs and expenses incurred by any Participating Lender in connection with any such designation or assignment.

 (b) Replacement of Lenders. If any Lender requests compensation under Section 3.04, or if the Borrowers are required to
pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.05, then the Borrowers may, at their sole expense and effort, upon notice to such Lender and the Administrative
Agent and Revolving Agent, require such Lender to assign and delegate (in accordance with the procedures of Section 13.09), without recourse, all of its interests, rights and obligations under this Agreement and the related Loan
Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that: 
 (i) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and participations in drawings
under any Letter of Credit, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.03) from the assignee (to the extent of such
outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts); 
 (ii) in the case
of any such assignment resulting from a claim for compensation under Section 3.04 or payments required to be made pursuant to Section 2.05, such assignment will result in a reduction in such compensation or payments
thereafter; and 
 (iii) such assignment does not conflict with Applicable Law. 
 A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances
entitling the Borrowers to require such assignment and delegation cease to apply. 
 Section 3.06. Fees. The Borrowers agree to pay
to: 
 (a) each Agent such fees as are set forth in the Fee Letter in accordance with the terms thereof; 
  

 - 24 - 

 (b) the Revolving Agent for the account of the Revolving Lenders in accordance with their respective Pro
Rata Shares, a fee (the “Unused Commitment Fee”) in an amount equal to 0.50% per annum times the Available Commitments. The Unused Commitment Fee shall be non-refundable and paid monthly in arrears and on the date of the
termination or expiration of the Revolving Commitments; 
 (c) the Revolving Agent, for the account of the Revolving Lenders, a Letter of
Credit fee in an amount equal to 3.00% times the undrawn amount of all outstanding Letters of Credit, payable monthly in arrears; and 
 (d) to the Revolving Agent for the benefit of the L/C Issuer, upon the issuance of each Letter of Credit by the L/C Issuer, an additional fee (the “Letter of Credit Issuance Fee”), plus applicable bank issuance
charges, in an amount equal to 0.25% times the face amount of the Letter of Credit issued. 
 ARTICLE IV 
 CONDITIONS TO LOANS 
 Section 4.01.
Conditions Precedent to the Initial Loans. The obligation of each Lender to make the Loans requested, and the Obligation of the L/C Issuer to issue Letters of Credit to be made by it on the Closing Date or a Funding Date shall be subject to
the satisfaction, or waiver by each of the Agents, of each of the following conditions precedent: 
 (a) Authority. Each of the
Administrative Agent and the Revolving Agent shall have received certified copies of all resolutions, certificates or other documents evidencing other necessary corporate action and governmental approvals, if any, with respect to the authorization
for the execution, delivery and performance of (i) each Loan Document by a Credit Party and for the consummation of the transactions contemplated thereby and (ii) the Plan of Reorganization. All certificates shall state that the
resolutions or other information referred to in such certificates have not been amended, modified, revoked or rescinded as of the Closing Date. 
 (b) Loan Documents. Each of the Administrative Agent and the Revolving Agent shall have received, on the Closing Date, counterparts of each of the following documents duly executed and delivered by each party thereto, and in full
force and effect and in form and substance reasonably satisfactory to the Administrative Agent and the Revolving Agent: 
 (i)
this Agreement; 
 (ii) the Notes, if any; 
 (iii) the Security Documents; 
 (iv) such corporate resolutions, certificates and other documents as the Administrative Agent reasonably requests; 
 (v) each other Loan Document, in each case duly executed and delivered by the parties thereto and dated no later than the Closing Date, except for those 

  

 - 25 - 

 
Loan Documents that are dated prior to the Closing Date and have been delivered prior to the Closing Date to the Agents by the Credit Parties; 
 (vi) copies of all orders entered or requested by the Borrowers to be entered in the Bankruptcy Court with respect to this Agreement and
the Plan of Reorganization; and 
 (vii) all other documents and legal matters in connection with the transactions
contemplated by the Agreement shall have been delivered, executed, or recorded. 
 (c) No Material Adverse Effect. There shall not
have occurred any event, circumstance, change or condition since March 31, 2006, other than the filing of the Bankruptcy Petition, which could reasonably be expected to have a Material Adverse Effect. 
 (d) Litigation. Except as set forth in Schedule 5.01(g), there shall exist no action, suit, claim, investigation, arbitration,
litigation or proceeding or any judgments, decrees, injunctions, rules or orders of any governmental or regulatory agency or authority pending or, to the knowledge of the Credit Parties, threatened against or affecting any Credit Party or its
property or assets, except for (i) the Chapter 11 Cases and (ii) any of the foregoing that could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (e) Consents, Etc. Each Credit Party shall have received all material consents and authorizations required pursuant to any material contract with
any other Person and shall have obtained all material Permits of, or approvals from, and effected all notices to and filings with, any Governmental Authority as may be necessary to allow such Credit Party lawfully (A) to execute, deliver and
perform, in all material respects, their respective obligations under the Loan Documents to which each of them is, or shall be, a party and each other agreement or instrument to be executed and delivered by each of them pursuant thereto or in
connection therewith, (B) consummate the transactions contemplated hereunder and under the other Loan Documents and (C) create and perfect the Liens on the Collateral to be owned by each of them to the extent, in the manner and for the
purpose contemplated by the Loan Documents. Each Credit Party shall have received all shareholder, governmental and material third-party consents, licenses, approvals or evidence of other actions, necessary in connection with the execution and
delivery of the Loan Documents, and the performance thereunder and the transactions contemplated by the Loan Documents, and any applicable waiting period shall have expired without any action being taken by any Governmental Authority that could
restrain, prevent or impose any material adverse conditions on such Credit Party or such transactions or that could seek to restrain or threaten any of the foregoing, and no law or regulation shall be applicable which in the reasonable judgment of
the Administrative Agent and Revolving Agent could have such effect. 
 (f) Bankruptcy Approval. 
 (i) The Bankruptcy Court shall have approved, and shall have entered an order confirming, the Plan of Reorganization (including with
respect to corporate structure and capital structure) in connection with the Chapter 11 Cases, such order to 

  

 - 26 - 

 
have been entered upon proper notice to all parties to be bound by such plan in compliance with the Bankruptcy Code, the Federal Rules of Bankruptcy
Procedure and any other applicable federal or local bankruptcy rules, and such order shall be in full force and effect and shall not have been reversed, vacated or stayed or amended, supplemented or otherwise modified without the prior written
consent of the Required Lenders (which consent shall be in their sole discretion). 
 (ii) All conditions to the effectiveness
of the Plan of Reorganization, as approved by the Bankruptcy Court shall have been (or, in the case of the condition relating to this Agreement, will be simultaneously herewith) satisfied without waiver. 
 (g) Capital Contribution. The Parent shall have received new cash equity of at least fifty million Dollars ($50,000,000). 
 (h) Solvency. After giving effect to the transactions effected by the Plan of Reorganization, immediately after the incurrence of the Loans on the
Closing Date, and after giving effect to such Loans, and use of the proceeds of the Loans, the Credit Parties, taken as a whole, shall be Solvent. 
 (i) Insurance. Each of the Agents shall be satisfied with the amounts, types and terms and conditions of all insurance maintained by the Borrowers. The Collateral Agent shall have received evidence that all insurance policies
required to be maintained pursuant to Section 7.15, including any insurance policies with respect to the properties of each Credit Party forming part of the Collateral, are in full force and effect, including endorsements in form and
substance reasonably acceptable to each of the Agents naming the Collateral Agent as an additional insured and loss payee, as applicable. 
 (j) Opinions of Borrower’s Counsel. The Lenders shall have received the opinion of Weil, Gotshal and Manges LLP, special counsel to the Borrowers and the Guarantors and the opinion of Dutch counsel, in each case in form and
substance satisfactory to each of the Agents. 
 (k) Fees and Expenses Paid. There shall have been paid to the Agents all fees and, to
the extent documented, expenses (including the reasonable legal fees of counsel to each of the Agents and any local counsel to the Agents) due and payable on or before the Closing Date. 
 (l) Collateral. (i) The Collateral Agent shall have received a letter duly executed by each Credit Party authorizing the Collateral Agent to
file appropriate financing statements in such offices as may be necessary or, in the opinion of the Collateral Agent, desirable to perfect the security interests on the Collateral to be created by the Loan Documents; 
 (ii) The Collateral Agent shall have received, on or before the Closing Date, all of the certificated pledged Securities then owned by
each of the Credit Parties, together with (A) executed and undated transfer powers in the case of certificated pledged Securities and (B) all other items required to be delivered pursuant to the Security Documents; and 
  

 - 27 - 

 (iii) The Collateral Agent, on behalf of the Secured Creditors, shall have a perfected
first priority lien and security interest in the Collateral, subject only to Permitted Encumbrances; all filings, recordations and searches necessary or desirable in connection with such liens and security interests (including UCC, tax lien and
litigation searches) shall have been duly made or arranged for, and the results of which shall have been reasonably satisfactory to the Lenders; and all filing and recording fees and taxes shall have been duly paid. 
 (m) Good Standing Certificates. Each of the Administrative Agent and the Revolving Agent shall have received, on the Closing Date, governmental
certificates, dated the most recent practicable date prior to the Closing Date, showing that each Credit Party is organized and in good standing in the jurisdiction of its organization, and is qualified as a foreign corporation and in good standing
in all other jurisdictions in which it is qualified to transact business except where the failure to so qualify could not reasonably be expected to have a Material Adverse Effect. 
 (n) Organizational Documents. Each of the Administrative Agent and the Revolving Agent shall have received on the Closing Date, a copy of the
certificate of incorporation or certificate of formation, as applicable, and all amendments thereto of each Credit Party, certified as of a recent date by the appropriate government official of the jurisdiction of its organization, and copies of
each Credit Party’s by-laws or limited liability company agreement, as applicable, certified by the Secretary, Assistant Secretary or managing member, as applicable, of such Credit Party as true and correct as of the Closing Date. 

(o) Financial Statements. Each of the Administrative Agent and the Revolving Agent shall have received the 2006 Financial Statements, and all
financial statements and projections described in Section 5.01(h) in form and substance reasonably satisfactory to the Administrative Agent and the Revolving Agent. 
 (p) Certificates. 
 (i) Each of the Administrative Agent and the Revolving Agent shall have received, on the Closing Date, certificates of the Secretary, Assistant Secretary or managing member of each Credit Party, dated the Closing Date, as to the incumbency
and signatures of its officers executing this Agreement and each other Loan Document to which such Credit Party is a party and any other certificate or other document to be delivered pursuant hereto or thereto, together with evidence of the
incumbency of such Secretary, Assistant Secretary or managing member. 
  

 - 28 - 

 (ii) Each of the Administrative Agent and the Revolving Agent shall have received, on the
Closing Date, the certificate of a Senior Officer of each Credit Party, dated the Closing Date, stating that to the knowledge of such officer and on behalf of such Credit Party (not in such officer’s individual capacity) all of the
representations and warranties of such Credit Party contained herein or in any of the other Loan Documents are true and correct in all material respects on and as of the Closing Date as if made on such date, that no breach of any covenant contained
in Article VII, Article VIII or Article IX has occurred or would result from the execution, delivery of and performance under this Agreement and the transactions contemplated hereunder and that all of the
conditions set forth in this Section 4.01 have been satisfied on such date (or shall, to the extent permitted therein, be satisfied substantially simultaneously with the incurrence of Loans on the Closing Date). 
 (q) Representations and Warranties. Both before and after giving effect to the Loans to be made on the Closing Date, as the case may be, all of
the representations and warranties of any Credit Party contained in Article V and in the other Loan Documents shall be true and correct in all material respects (except to the extent such representations and warranties specifically
relate to an earlier date, in which case such representations and warranties shall be true and correct as of such earlier date). 
 (r) No
Defaults. No Event of Default or Default, and no default under any other Loan Document, shall have occurred and be continuing or would result from the execution and delivery of, or the performance under, the Loan Documents, or making the
requested Loans or the application of the proceeds therefrom. 
 (s) Minimum Liquidity. The Credit Parties shall have a Minimum
Liquidity, measured as of the Closing Date, greater than or equal to forty million Dollars ($40,000,000) after giving effect to the initial use of proceeds of the Loans and all payments and distributions necessary for the Plan of Reorganization to
be effective. 
 (t) Intellectual Property Appraisal. Each of the Agents shall have received (i) evidence satisfactory to it of
the completion of an appraisal of the Borrowers’ Intellectual Property (the “Intellectual Property Appraisal”) by CRA International (formerly known as Charles River Associates), or such other firm as the Administrative Agent,
the Revolving Agent and the Borrowers may agree, (ii) a copy of the results of such Intellectual Property Appraisal, which results shall be satisfactory to the Revolving Agent and the Administrative Agent and (iii) reasonably satisfactory
evidence that all Intellectual Property material to the operations of the Credit Parties is licensed to or owned by such Credit Party. 
 (u)
Field Examination. Each of the Agents shall have received evidence satisfactory to it of the completion of a Field Examination (as set forth in Section 7.04(b)), with the results of such Field Examination satisfactory to each of
them. 
  

 - 29 - 

 (v) Closing Date Mortgaged Properties. Each of the Administrative Agent and the Revolving Agent
shall have received: 
 (i) evidence satisfactory to it of the completion of an updated appraisal of each Real Estate
Collateral Asset listed in Schedule 4.01(v) (each, a “Closing Date Mortgaged Property”) by Cushman & Wakefield (a “Real Estate Appraisal”), with the results of such appraisal satisfactory to the
Administrative Agent and the Revolving Agent; 
 (ii) fully executed and notarized Mortgages, in proper form for recording in
each applicable jurisdiction, encumbering each Closing Date Mortgaged Property; 
 (iii) an opinion of counsel (which counsel
shall be reasonably satisfactory to the Revolving Agent and the Administrative Agent) in each state in which a Closing Date Mortgaged Property is located with respect to the enforceability of the Mortgage to be recorded in such state and such other
matters as the Revolving Agent or the Administrative Agent may reasonably request, in each case in form and substance reasonably satisfactory to the Revolving Agent and the Administrative Agent; 
 (iv) binding and effective ALTA mortgagee title insurance policies or unconditional commitments therefor issued by one or more title
companies reasonably satisfactory to the Agents (the “Title Company”) with respect to each Closing Date Mortgaged Property (each, a “Title Policy”), with such reinsurance arrangements, if any, as are reasonably
acceptable to the Agents, each in an amount equal to 125% of the fair market value of such Closing Date Mortgaged Property as established by the Real Estate Appraisal of such Closing Date Mortgaged Property, insuring the Collateral Agent, as agent
for the Secured Creditors, that the applicable Credit Party is vested with good and marketable fee simple title to such Closing Date Mortgaged Property and that the Mortgage insured thereby creates a valid and enforceable first priority Lien on such
Closing Date Mortgaged Property in favor of the Collateral Agent, for the benefit of the Secured Creditors, subject only to Permitted Encumbrances. In addition, each such insurance policy (or commitment therefor): (A) shall describe the Closing
Date Mortgaged Property covered thereby in accordance with the Survey thereof; (B) shall have attached thereto copies of all instruments that appear as exceptions to title therein (or copies of all of such instruments shall have previously been
delivered to the Agents); (C) shall contain such affirmative insurance and endorsements as the Agents shall reasonably request; (D) shall contain no exceptions for filed or unfiled mechanics’ or materialmen’s liens for work
performed prior to the date of such policy; (E) shall contain no limitations of coverage (beyond those contained in a standard ALTA mortgagee title policy) that are not acceptable to the Agents in their reasonable discretion; and (F) shall
provide evidence satisfactory to the Agents that such Credit Party has paid to the Title Company and/or to all appropriate Governmental Authorities all expenses and premiums of the Title Company and all other sums required in connection with the
issuance of each Title Policy, including all recording and stamp taxes (including mortgage recording and intangible taxes) payable in connection with recording the Mortgages in the appropriate real estate records; 
 (v) an ALTA survey map of each Closing Date Mortgaged Property prepared and certified to the Agents and the applicable Title Company
(which 

  

 - 30 - 

 
certification shall be in form and substance reasonably acceptable to the Agents), dated as of a date within a reasonable period of time prior to the
Closing, prepared by an independent professional land surveyor (a “Survey”), on which Survey there shall be indicated (A) all buildings, structures and other improvements located on or over the applicable Closing Date Mortgaged
Property, (B) all easements, rights of way, roadways, paths and driveways running above, over or under the applicable Closing Date Mortgaged Property, (C) by location and by reference to deed book and page number, all easements appurtenant
necessary to utilize the applicable Closing Date Mortgaged Property in the manner that the same is being used as of the date hereof, including rights of ingress and egress and (D) whether or not any part of the applicable Closing Date Mortgaged
Property is located within a designated Special Flood Hazard Area as identified by the Secretary of the Department of Housing and Urban Development on the latest available Flood Insurance Rate Maps published by the Federal Emergency Management
Agency, each of which Surveys shall otherwise be reasonably acceptable to the Agents; 
 (vi) if applicable, evidence of flood
insurance with respect to each Flood Hazard Property, in each case in compliance with any applicable regulations of the Board of Governors of the Federal Reserve System and in form and substance reasonably satisfactory to the Revolving Agent and the
Administrative Agent; and 
 (vii) such other information, documentation, and certifications as may be reasonably required by
the Revolving Agent or the Administrative Agent. 
 (w) Cash Management. 
 (i) The Borrowers shall have established and maintained cash management services of a type and on terms satisfactory to the Collateral
Agent at one or more of the banks set forth on Schedule 4.01(w) (each a “Cash Management Bank”), and shall have requested in writing and otherwise taken such reasonable steps to ensure that all of their domestic Account
Debtors forward payment of the amounts owed by them directly to a bank account subject to a Control Agreement at such Cash Management Bank. 
 (ii) Each Cash Management Bank shall have established and maintained cash management agreements (each a “Cash Management Agreement”) with the Collateral Agent and one or more Borrowers, in form and
substance reasonably acceptable to each Agent. Each such Cash Management Agreement shall have provided, among other things, that (A) the Cash Management Bank will comply with any instructions originated by the Collateral Agent directing the
disposition of the funds in such Cash Management Account without further consent by the Borrowers, (B) the Cash Management Bank has no rights of setoff or recoupment or any other claim against the applicable Cash Management Account, other than
for payment of its service fees and other charges directly related to the administration of such Cash Management Account and for returned checks or other items of payment, and (C) it will forward by daily sweep all amounts in the collection
Cash Management Accounts to the Collateral Agent’s account. 
  

 - 31 - 

 (iii) The Cash Management Accounts shall be subject to Control Agreements. 
 (x) Legal Due Diligence. Each of the Administrative Agent and the Revolving Agent shall have completed confirmatory legal due diligence
satisfactory to it with respect to the transactions contemplated by the Loan Documents. 
 (y) Environmental. Each of the
Administrative Agent and the Revolving Agent shall have received Phase I and, if applicable, Phase II environmental reports with respect to each Closing Date Mortgaged Property, each in form and substance satisfactory to it. 
 Section 4.02. Conditions Precedent to Revolving Advances and Issuances of Letters of Credit. The obligation of each Revolving Lender to make any
Revolving Advance requested to be made by it on any Funding Date on or after the Closing Date and the obligation of the L/C Issuer to issue any Letter of Credit on any Business Day on or after the Closing Date are subject to the satisfaction or
waiver of each of the following conditions precedent as of each such date: 
 (a) Representations and Warranties. As of such date,
both before and after giving effect to the Loans to be made on such date or the issuance of the Letter of Credit on such date, as the case may be, all of the representations and warranties of any Credit Party contained in Article V and
in the other Loan Documents shall be true and correct in all material respects (except to the extent such representations and warranties specifically relate to an earlier date, in which case such representations and warranties shall be true and
correct as of such earlier date). 
 (b) No Events of Defaults. As of such date, without giving effect to any waiver by the Term
Lenders pursuant to Section 13.02(c), no Event of Default (other than, if Minimum Liquidity is greater than thirty million Dollars ($30,000,000)) based upon a Default under Section 9.01 or Section 9.02) shall
have occurred and be continuing or would result therefrom. 
 (c) No Change in Condition. There shall not have occurred any event or
condition since March 31, 2006, other than the filing of the Bankruptcy Petition, which could reasonably be expected to have a Material Adverse Effect. 
 (d) No Legal Impediment. No injunction, writ, restraining order, or other order of any nature (whether temporary, preliminary or permanent) restricting or prohibiting, directly or indirectly, the extending of
such credit shall have been issued and remain in force by any Governmental Authority against any Borrower, any Agent or any Participating Lender, and such extension of credit shall not violate any requirement of applicable law. 
 Each request by the Borrowers for a Loan, each submission by the Borrower Representative of a Notice of Borrowing or a request for a Letter of Credit, and each
acceptance by such Borrower of the proceeds of each Loan made hereunder shall constitute a representation and warranty by such Borrower, as of the Funding Date in respect of such Loan, or the issuance date of a Letter of Credit, as the case may be,
that all conditions set forth in this Section 4.02 have been satisfied. 
  

 - 32 - 

 ARTICLE V 
 REPRESENTATIONS AND WARRANTIES 
 Section 5.01. Representations and Warranties. In order to induce the
Participating Lenders to enter into this Agreement and to make the Loans or issue Letters of Credit, as the case may be, each Credit Party hereby represents and warrants as follows: 
 (a) Organization, Good Standing, Etc. Each Credit Party (i) is a corporation or limited liability company duly organized, validly existing
and in good standing under the laws of the jurisdiction of its organization, (ii) has all requisite power and authority to conduct its business as now conducted and as presently contemplated, to make the borrowings hereunder (in the case of the
Borrowers), to execute and deliver each Loan Document to which it is a party, and to consummate the transactions contemplated thereby, and (iii) except where failure to do so, individually or in the aggregate, could not reasonably be expected
to have a Material Adverse Effect, is duly qualified to do business and is in good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its business makes such qualification
necessary for its business as currently conducted. 
 (b) Authorization, No Conflict, Etc. The execution, delivery and performance by
each Credit Party of each Loan Document to which it is or will be a party and the transactions contemplated thereunder, (i) have been or, with respect to such Credit Parties formed or acquired hereafter, will be, duly authorized by all
necessary corporate, limited liability company or partnership action, as applicable, (ii) do not and will not contravene its Governing Documents, (iii) do not and will not violate any Requirements of Law or any material contract of such
Credit Party binding on or otherwise affecting it, any of its Subsidiaries or any of its properties or its Subsidiaries’ properties except where failure to do so, individually or in the aggregate, could not reasonably be expected to have a
Material Adverse Effect, and (iv) do not and will not result in or require the creation of any Lien (other than Permitted Encumbrances or pursuant to any Loan Document) upon or with respect to any of its properties or its Subsidiaries’
properties. Each Credit Party has the requisite corporate, limited liability company or partnership power and authority, as applicable, to execute, deliver and perform each of the Loan Documents to which it is a party. 
 (c) Governmental Approvals. No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority that has
not been obtained is required in connection with the due execution, delivery and performance by each Credit Party of each Loan Document to which it is a party. 
 (d) Enforceability of Loan Documents. Each of the Loan Documents to which a Credit Party is a party has been duly executed and delivered by such Credit Party and constitutes the legal, valid and binding
obligation of such Credit Party, enforceable against such Credit Party in accordance with its terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws, or by general principles of equity
(regardless of whether enforcement is sought in a proceeding at law or in equity). 
  

 - 33 - 

 (e) Capitalization. On the Closing Date, the authorized Capital Stock of each of the Credit
Parties and each of their Subsidiaries, and the issued and outstanding Capital Stock of each of the Credit Parties and each of their Subsidiaries, are as set forth on Schedule 5.01(e). All of the issued and outstanding shares of Capital
Stock of each of the Borrowers and each of their Subsidiaries have been validly issued and, to the extent applicable, are fully paid and nonassessable, and the holders thereof are not entitled to any preemptive, first refusal or other similar
rights. Schedule 5.01(e) sets forth each plan pursuant to which shares of the Capital Stock of each of the Credit Parties and each of their Subsidiaries are issuable as of the Closing Date, copies of which plans have been delivered to
the Administrative Agent and the Revolving Agent under this Agreement, in the form and on the terms in effect on the Closing Date, and the number of shares of Capital Stock of each of the Borrowers and each of their Subsidiaries and each such
subsidiary issuable under each such plan. Except as set forth on Schedule 5.01(e), there are no other plans or arrangements in existence relating to the issuance of shares of Capital Stock of any Subsidiary of any of the Credit Parties.
Except as set forth on Schedule 5.01(e), as of the Closing Date, there are no outstanding debt or equity securities of the Borrowers or any of their Subsidiaries, and no outstanding obligations of any of the Credit Parties or any of its
Subsidiaries convertible into or exchangeable for, or warrants, options or other rights for the purchase or acquisition from any of the Credit Parties or any of their Subsidiaries or other obligations of any of the Credit Parties or any of their
Subsidiaries, to issue, directly or indirectly, any shares of Capital Stock of any such Person. 
 (f) Subsidiaries.
Schedule 5.01(f) is a complete and correct description of the name, jurisdiction of organization and ownership of the outstanding Capital Stock of each Subsidiary of the Credit Parties in existence on the Closing Date hereof. All of the
issued and outstanding shares or units of Capital Stock of such Subsidiaries have been validly issued and are fully paid and nonassessable, and the holders thereof are not entitled to any preemptive, first refusal or other similar rights. Except as
indicated on such Schedule 5.01(f), all such Capital Stock is owned by one of the Credit Parties or one or more of their Wholly-Owned Subsidiaries. Except as set forth on Schedule 5.01(f), there are no subscriptions, options,
warrants, or calls relating to any shares of any Credit Party’s Subsidiaries’ Capital Stock, including any right of conversion or exchange under any outstanding security or other instrument. No Borrower or any of its Subsidiaries is
subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any shares of any Credit Party’s Subsidiaries’ Capital Stock or any security convertible into or exchangeable for any such Capital Stock,
except with respect to Foreign Subsidiaries, an immaterial number or percentage of shares of Capital Stock thereof which is held by local Persons in accordance with the applicable laws or regulations of the jurisdictions of such Foreign
Subsidiaries. 
 (g) Litigation. Except for the Chapter 11 Cases and except as set forth in Schedule 5.01(g), there
is no pending or, to the knowledge of such Credit Party, threatened action, suit or proceeding affecting any Credit Party, its Subsidiaries or any of their respective properties or assets before any court or other Governmental Authority or any
arbitrator that, individually or in the aggregate, (i) could reasonably be expected to have a Material Adverse Effect or (ii) purports to affect the legality, validity or enforceability of any Loan Document or the consummation of the Loans
evidenced hereby and by the other Loan Documents. 
  

 - 34 - 

 (h) Financial Condition; Material Adverse Effect. 
 (i) The 2006 Financial Statements, copies of which have been delivered to the Administrative Agent and the Revolving Agent, and any
financial statements delivered pursuant to Section 6.01, fairly present, in all material respects, the consolidated financial condition of the Parent as at the respective dates thereof and the consolidated results of operations of the
Parent, the Credit Parties and their Subsidiaries for the fiscal periods ended on such respective dates, all in accordance with GAAP. 
 (ii) The Credit Parties have heretofore furnished to the Administrative Agent and the Revolving Agent under this Agreement (A) projected balance sheets, income statements and statements of cash flows of the
Parent and its Subsidiaries on a consolidated basis, for the period from the Closing Date through the Maturity Date, and (B) projected annual balance sheets, income statements and statements of cash flows of the Parent and its Subsidiaries on a
consolidated basis for each Fiscal Year ending on or prior to June 28, 2011. Such projections are based upon assumptions that are reasonably believed by the Borrowers to have been reasonable at the time made (it being understood that any
such forecasts or projections are subject to significant uncertainties and contingencies, many of which are beyond the Credit Parties’ control, that no assurance can be given that any such forecasts or projections will be realized and that
actual results may differ from any such forecasts or projections and such differences may be material) and have been prepared in good faith by the Parent. 
 (iii) Since March 31, 2006, no event or development has occurred and is continuing, other than the filing of the Bankruptcy Petition, that has had or could reasonably be expected to have a Material Adverse
Effect. 
 (i) Compliance with Law, Etc. No Credit Party or any Subsidiary of any Credit Party is in violation of its Governing
Documents, any Requirements of Law, any judgment or order of any Governmental Authority applicable to it or any of its property or assets, or any material term of any material contract binding on it or any of its properties except for any such
violations which, individually or in the aggregate, have not had and could not reasonably be expected to have a Material Adverse Effect. Each Credit Party and each Subsidiary of each Credit Party has policies in place to observe the requirements of
the Patriot Act Related Requirements consistent with U.S. industry practice. 
 (j) ERISA. None of the Credit Parties nor any ERISA
Affiliate has (i) any “accumulated funding deficiency” (within the meaning of Section 412 of the Code and Section 302 of ERISA), whether or not waived, with respect to any Benefit Plan, (ii) failed to make any
contribution or payment to any Benefit Plan which has resulted, or could reasonably be expected to result, in the imposition of a Lien or the posting of a bond or other security under Section 302(f) of ERISA or Section 401(a)(29) of the
Code, (iii) incurred, or is reasonably likely to incur, any material liability under Title IV of ERISA (other than a liability to the U.S. Pension Benefit Guaranty Corporation for premiums under Section 4007 of ERISA) or (iv) violated
any provision of ERISA that individually or in the aggregate can reasonably be expected to result in a Material Adverse Effect to the Parent and its Subsidiaries taken as a whole. None of the Credit Parties nor any ERISA Affiliate is obligated to
contribute to a Multiemployer Plan. 
  

 - 35 - 

 (k) Taxes, Etc. All Federal, and all material state, provincial and material local tax returns and
other material reports required by Applicable Law to be filed by any Credit Party or any Subsidiary of a Credit Party have been filed, or extensions have been obtained, except to the extent subject to a Permitted Protest, and all taxes shown on such
tax returns to be due and payable and all assessments, fees and other governmental charges upon such Credit Party and any Subsidiary of a Credit Party and upon its properties, assets, income, businesses and franchises that are due and payable have
been paid when due and payable, except to the extent subject to a Permitted Protest. 
 (l) Margin Regulations. No Credit Party is,
nor will any Credit Party be engaged, in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulations T, U or X), and no proceeds of any Loan will be used to purchase or carry any
margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock. The Loans, the use of proceeds thereof and the pledge of the Collateral pursuant to the Security Documents do not violate Regulation T, U or
X. 
 (m) Permits, Etc. Such Credit Party and any Subsidiary of a Credit Party has, and is in compliance with, all material permits,
licenses, authorizations, approvals, entitlements and accreditations (collectively, the “Permits”) required for such Person lawfully to own, lease, manage or operate each business and Property currently owned, leased, managed or
operated by such Person, except where the failure to have or to so comply, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. No condition exists or event has occurred which, in itself or with the
giving of notice or lapse of time or both, would result in the suspension, revocation, impairment, forfeiture or non-renewal of any Permit, and there is no claim that any thereof is not in full force and effect. 
 (n) Properties. All Property of each Credit Party and any Subsidiary of a Credit Party (other than Intellectual Property) material to its business
is in good working order and condition, ordinary wear and tear excepted, except to the extent that the failure to be in such condition could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(o) Real Estate. (i) As of the Closing Date, Schedule 5.01(o) contains a true, accurate and complete list of (A) all Real
Estate Assets (other than any Non-Material Leasehold Properties) and (B) all existing leases, subleases and any other occupancy agreements to which any Credit Party is a party with respect to any Real Estate Asset (other than any Non-Material
Leasehold Properties), regardless of whether such Credit Party is the landlord or tenant (whether directly or as an assignee or successor in interest) under such lease or other agreement (each such agreement, together with all amendments,
modifications, supplements, renewals or extensions of any thereof, a “Lease”). Each Credit Party has, and is the sole owner of, good, insurable and marketable fee simple title to all of its owned Real Estate Assets or a good and valid
leasehold estate and title in and to its leased Real Estate Assets (other than any Non-Material Leasehold Properties), and has all necessary right, power and authority to mortgage, encumber, give, grant, bargain, sell, convey, confirm, pledge,
assign, and hypothecate all of the Real Estate Collateral Assets in accordance with the terms of this Agreement. Except for the “Crittenden” Lease identified on Schedule 5.01(o), each Lease is in full force and effect and no
Credit Party has any knowledge of any default that has occurred and is continuing thereunder, except for defaults as 

  

 - 36 - 

 
may have occurred as a result of the commencement of the Chapter 11 Cases on the Petition Date. Each Lease constitutes the legally valid and binding
obligation of each applicable Credit Party, enforceable against such Credit Party in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting
creditors’ rights generally or by equitable principles. 
 (ii) Restrictions on Use. No part of any Real Estate
Collateral Asset is subject to any building or use restrictions that would prevent or interfere in any material respect with the current use and operation of such Real Estate Collateral Asset. Each Real Estate Collateral Asset is properly and duly
zoned for its current use, and such current use is in all respects a conforming use or a non-conforming use permitted by variance or other applicable law. No Governmental Authority having jurisdiction over any Real Estate Collateral Asset has issued
or, to the knowledge of any Credit Party, has threatened to issue any notice or order that adversely affects the use or operation of such Real Estate Collateral Asset, or requires, as of the date hereof or a specified date in the future, any
material repairs, alterations, additions or improvements to such Real Estate Collateral Asset, or the payment or dedication of any money, fee, exaction or property other than amounts (such as taxes and utility charges) due in the ordinary course of
the ownership, use or operation of such Real Estate Collateral Asset. 
 (iii) Condemnation. As of the Closing Date,
there are neither any actual, nor, to the knowledge of any Credit Party, any threatened or contemplated condemnation or eminent domain proceedings that affect any Real Estate Collateral Asset or any part thereof, and no Credit Party has received any
notice, oral or written, of the intention of any Governmental Authority or other Person to take or use all or any part thereof. 
 (iv) Mechanics’ Liens. No labor has been performed and no material has been furnished for any portion of any Real Estate Collateral Asset for which full payment has not been made and for which a mechanic’s or
materialmen’s lien, or any other Lien, can be claimed by any Person, other than a Lien which constitutes a Permitted Encumbrance under clause (b) of the definition thereof. 
 (v) Encroachments. Except as indicated on a Survey for any particular Real Estate Collateral Asset, no improvements constituting a
part of such Real Estate Collateral Asset encroach on any real property not owned or leased by a particular Credit Party. 
 (vi) Repairs and Alterations. As of the Closing Date, no Credit Party has received any notice from any insurance company which has issued an insurance policy with respect to any Real Estate Collateral Asset requesting performance of
any structural or other repairs or alterations to such Real Estate Collateral Asset. 
 (vii) Access to Public Streets.
Except as indicated on a Title Policy insuring the Mortgage encumbering any particular Real Estate Collateral Asset, each parcel (or group of parcels) comprising such particular Real Estate Collateral Asset is located on public roads and streets
with adequate ingress and egress available between 

  

 - 37 - 

 
such streets and such Real Estate Collateral Asset or otherwise has access to public roads and streets pursuant to access easements benefiting such Real
Estate Collateral Asset. 
 (viii) Utilities. All utility systems required in connection with the use, occupancy and
operation of each Real Estate Collateral Asset are sufficient for their present purposes, are fully operational and in working order, and are benefited by customary utility easements providing for the continued use and maintenance of such systems
or, in the case of a leased Real Estate Collateral Asset, the Credit Party leasing the same has valid and enforceable rights to the same under the applicable Lease or otherwise. 
 (ix) Parking. Each Real Estate Collateral Asset consists of or otherwise has rights to use sufficient land, parking areas,
sidewalks, driveways and other improvements to permit the continued use of such Real Estate Collateral Asset in the manner and for the purposes to which it is presently devoted. 
 (p) Full Disclosure. None of the reports, financial statements, certificates or other written information furnished by or on behalf of a Credit
Party to the Administrative Agent, the Revolving Agent or the Collateral Agent under this Agreement or any other Loan Document in connection with the negotiation of this Agreement or any other Loan Document or delivered hereunder or thereunder (as
modified or supplemented by other information so furnished) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, taken as a whole, in the light of the circumstances under which it
was made, not materially misleading; provided that to the extent any such reports, financial statements, certificates or other written information therein was based upon or constitutes a forecast or projection, such Credit Party represents
only that the relevant Credit Party acted in good faith and utilized assumptions believed by it to be reasonable at the time made (it being understood that any such forecasts or projections are subject to significant uncertainties and contingencies,
many of which are beyond the Credit Parties’ control, that no assurance can be given that any such forecasts or projections will be realized and that actual results may differ from any such forecasts or projections and such differences may be
material). As of the Closing Date, there are no contingent liabilities or obligations that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 
 (q) Environmental Matters. Except as set forth on Schedule 5.01(q) (i) the operations of each Credit Party and any Subsidiary of
a Credit Party are and have been in material compliance with all applicable Environmental Laws, (ii) there has been no Release on, in, at, to, from or under any of the properties currently or formerly owned or operated by any Credit Party or
any Subsidiary of a Credit Party or a predecessor in interest that could reasonably be expected to result in any material Environmental Liabilities and Costs to any Credit Party or any Subsidiary of a Credit Party, (iii) no Environmental Action
has been asserted or threatened against any Credit Party or any Subsidiary of a Credit Party which is unresolved, nor to the knowledge of any Credit Party are there any threatened Environmental Actions against a Credit Party or any Subsidiary of a
Credit Party that in either case could reasonably be expected to result in any material Environmental Liabilities and Costs to any Credit Party or any Subsidiary of a Credit Party, (iv) to the knowledge of the Credit Parties no
Environmental Action has been asserted against any facilities that may have received Hazardous Materials generated by a Credit 

  

 - 38 - 

 
Party or any Subsidiary of a Credit Party or any predecessor in interest that could reasonably be expected to result in any material Environmental
Liabilities and Costs to any Credit Party or any Subsidiary of a Credit Party, (v) none of the Credit Parties or any Subsidiary of a Credit Party is subject to any outstanding order, decree, injunction or other agreement with any Governmental
Authority or any indemnity or other agreement (other than routine permits, approvals, credit agreements and lease terms) imposing obligations with any third party relating to any Environmental Law that could reasonably be expected to result in any
material Environmental Liabilities and Costs to any Credit Party or any Subsidiary of a Credit Party, (vi) to the knowledge of any Credit Parties there are no other circumstances or existing conditions involving any Credit Party or any
Subsidiary of a Credit Party that could reasonably be expected to result in any such Credit Party or Subsidiary of a Credit Party becoming the subject of any Environmental Actions or material Environmental Liabilities and Costs including any
material restriction on the ownership, use, or transfer of any property in connection with any Environmental Law, and (vii) the Credit Parties and any Subsidiary of a Credit Party made available to the Administrative Agent and the Revolving
Agent copies of all material environmental reports, studies, assessments, sampling data and other material, non-privileged environmental documents in its possession relating to the Credit Parties and any Subsidiary of a Credit Party and their
current and former properties and operations. 
 (r) Insurance. Each Credit Party and any Subsidiary of a Credit Party keeps its
property adequately insured and maintains (i) insurance to such extent and against such risks, including fire, as is customary with companies in the same or similar businesses, (ii) workmen’s compensation insurance in the amount
required by Applicable Law, (iii) public liability insurance, which shall include product liability insurance, but only to the extent and in the amount customary with companies in the same or similar business against claims for personal injury
or death on properties owned, occupied or controlled by it and (iv) such other insurance as may be required by law (including against larceny, embezzlement or other criminal misappropriation). Schedule 5.01(r) sets forth a list of
all insurance maintained by such Credit Party or any Subsidiary of a Credit Party on the Closing Date other than immaterial insurance maintained by Foreign Subsidiaries, as required by local law. 
 (s) Solvency. Each of the Credit Parties is Solvent after giving effect to the transactions effected by the Loan Documents. 
 (t) Location of Bank Accounts. Schedule 5.01(t) sets forth a complete and accurate list as of the Closing Date of all Deposit Accounts
and Securities Accounts or other accounts of the Credit Parties and each of their Domestic Subsidiaries and any Deposit Account and Securities Account or other account of a Foreign Subsidiary from which any of the Credit Parties receives cash in the
ordinary course of business or on a regular basis, together with a description thereof (i.e., the bank or broker-dealer at which such Deposit Account or Securities Account is maintained, and the account number and the purpose thereof).

 (u) Intellectual Property. (i) Each Borrower and each Subsidiary of a Borrower owns or has a right to use all the Intellectual
Property that is necessary to the conduct of its business as currently conducted. Schedule 5.01(u) to this Agreement is, as of the Closing Date or as of the most recent quarterly update thereof, a true, correct, and complete listing of
all Registered Patents, Copyrights and Trademarks and material unregistered Software products as 

  

 - 39 - 

 
to which each Borrower or Subsidiary of a Borrower is the owner or is an exclusive licensee (collectively, “Scheduled Intellectual Property
Collateral”). 
 (ii) Except as set forth in Schedule 5.01(u): 
 (1) Each Borrower or each Subsidiary of a Borrower is the sole owner or is an exclusive licensee of its Scheduled Intellectual Property
Collateral, free and clear of any Lien (other than in favor of the Collateral Agent, for the benefit of the Secured Creditors) without the payment of any monies or royalty; 
 (2) Each Borrower or each Subsidiary of a Borrower has taken, and will continue to take, all actions which are necessary or advisable to
acquire and protect its Scheduled Intellectual Property Collateral, consistent with prudent commercial practices and such Borrower’s or Subsidiary’s business judgment, including (A) registering all Copyrights included within the
Scheduled Intellectual Property Collateral which, in such Borrower’s or Subsidiary’s business judgment, are of sufficient value to merit such treatment in the U.S. Copyright Office, and (B) registering all Patents and Trademarks
included within the Scheduled Intellectual Property Collateral which, in such Borrower’s or Subsidiary’s business judgment, are of sufficient value to merit such treatment in the United States Patent and Trademark Office; 
 (3) Each Borrower’s or each Subsidiary’s rights in the Scheduled Intellectual Property Collateral, to the knowledge of any
Borrower or Subsidiary, are valid and enforceable; provided, however that no Borrower or Subsidiary has knowledge of any problem with the validity or enforceability of its rights in its Scheduled Intellectual Property Collateral;

 (4) No Borrower or Subsidiary of a Borrower has received any material demand, claim, notice or inquiry from any Person in
respect of the Scheduled Intellectual Property Collateral which challenges, threatens to challenge or inquires as to whether there is any basis to challenge the validity of the rights of the Borrowers and their Subsidiaries or the right of the
Borrowers or their Subsidiaries to use any such Scheduled Intellectual Property Collateral, and the Borrowers and their Subsidiaries know of no basis for any such challenge; 
 (5) The Borrowers and their Subsidiaries have not received any formal written notice of any violation or infringement of any proprietary
rights of any other Person that could reasonably be expected to result in a Material Adverse Effect; 
 (6) Except on an
arm’s-length basis for value and other commercially reasonable terms, the Borrowers and their Subsidiaries have not granted any license with respect to any Scheduled Intellectual Property Collateral to any Person, other than that Scheduled
Intellectual Property Collateral that the Borrowers and their Subsidiaries have made available to the “open source 

  

 - 40 - 

 
community” consistent with historical business practices and reasonable business judgment; and 
 (7) The Borrowers and their Subsidiaries are not pursuing any claims or causes of actions against any Person for infringement of the
Scheduled Intellectual Property Collateral that could reasonably be expected to result in a Material Adverse Effect. 
 (v) Material
Contracts. Set forth on Schedule 5.01(v) is a complete and accurate list as of the Closing Date of all material contracts to which any Credit Party or any Subsidiary of a Credit Party is a party, showing the parties and subject
matter thereof and amendments and modifications thereto. 
 (w) Investment Company Act. None of the Credit Parties is, or is
controlled by, an “investment company” or an “affiliated person” or “promoter” of, or “principal underwriter” of or for, an “investment company” as such terms are defined in the Investment Company
Act of 1940, as amended. 
 (x) Employee and Labor Matters. As of the Closing Date there is (i) no unfair labor practice
complaint pending or, to the best of any Credit Party’s or any Subsidiary of a Credit Party’s knowledge, threatened against any Credit Party or any Subsidiary of a Credit Party before any Governmental Authority and no grievance or
arbitration proceeding pending or, to the best of such Credit Party’s or any Subsidiary of such Credit Party’s knowledge, threatened against any Credit Party or any Subsidiary of a Credit Party which arises out of or under any collective
bargaining agreement, and (ii) no strike, labor dispute, slowdown, stoppage or similar action or grievance pending or, to the best of such Credit Party’s or any Subsidiary of a Credit Party’s knowledge, threatened against any Credit
Party or any Subsidiary of a Credit Party that, in the case of clause (i) or (ii) could reasonably be expected to have a Material Adverse Effect. 
 (y) Location of Collateral; Chief Place of Business; Chief Executive Office FEIN; Name. All of the Threshold Inventory is located on one of the locations listed on Schedule 5.01(y)(1). All of the
Threshold Equipment is located on one of the locations listed on Schedule 5.01(y)(2). Schedules 5.01(y)(1) and (2) contain a true, correct and complete list, as of the Closing Date, of the legal names and addresses of
each warehouse at which the Threshold Inventory or Threshold Equipment, as the case may be, is stored. None of the receipts received by such Credit Party from any warehouse states that the goods covered thereby are to be delivered to bearer or to
the order of a named Person or to a named Person and such named Person’s assigns. Schedule 5.01(y) sets forth a complete and accurate list as of the date hereof of (i) each place of business (other than a location that is only
a sales office) of each Credit Party, (ii) the chief executive office of each Credit Party, (iii) the exact legal name of each Credit Party, (iv) the jurisdiction of organization of each Credit Party, (v) the organizational
identification number of each Credit Party (or indicates that such Credit Party has no organizational identification number) and (vi) the federal employer identification number of such Credit Party. 
 (z) Equipment; Inventory Records; Commercial Tort Claims. Each material item of Equipment of the Credit Parties and their Subsidiaries is used or
held for use in their 

  

 - 41 - 

 
business and is in good working order, ordinary wear and tear and damage by casualty excepted. Each Borrower keeps correct and accurate records itemizing and
describing the type, quality, and quantity of Inventory and the book value thereof in all material respects. As of the Closing Date, Schedule 5.01(z) sets forth a true and complete list of all commercial tort claims of each of the Credit
Parties. 
 (aa) Security Interests. Each Security Document creates in favor of the Collateral Agent a legal, valid and enforceable
security interest in the Collateral purported to be secured thereby. Upon the filing of the UCC-1 financing statements and the recording of the collateral assignments for security referred to in the Security Agreements in the United States Patent
and Trademark Office and the United States Copyright Office, such security interests in and Liens on the Collateral granted thereby shall be perfected security interests, in each case to the extent a Lien thereon can be perfected by filing pursuant
to the UCC or by the recording of such collateral assignments in the United States Patent and Trademark Office or the United States Copyright Office, and no further recordings or filings are or will be required in connection with the creation,
perfection or enforcement of such security interests and Liens, other than (i) the filing of continuation statements or financing change statements in accordance with Applicable Law, (ii) the recording of the collateral assignments for
security pursuant to the Security Agreement in the United States Patent and Trademark Office and the United States Copyright Office, as applicable, with respect to after-acquired United States patent and trademark applications and registrations and
United States copyrights and additional filings and/or other actions as may be required to perfect the Collateral Agent’s lien in Registered Intellectual Property under the laws of a jurisdiction outside the United States and
(iii) additional filings if a relevant Credit Party changes its name, identity or organizational structure or the jurisdiction in which each relevant Credit Party is organized. 
 (bb) Foreign Assets Control Regulations, Etc. Neither the execution and delivery of, nor the borrowing under any Loan Document, nor the use of
proceeds from any Loan will violate (i) the Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any
enabling legislation or executive order relating thereto, (ii) the Patriot Act or (iii) Executive Order No. 13,224, 66 Fed. Reg. 49,079 (2001), issued by the President of the United States (Executive Order Blocking Property
and Prohibiting Transactions with Persons Who Commit, Threaten to Commit or Support Terrorism). Without limiting the foregoing, none of the Credit Parties is or will become a “blocked person” as described in Section 1 of such
Executive Order or engages or will engage in any dealings or transactions with, or is otherwise associated with, any such blocked person. 
 (cc) Equipment Leases. Each Credit Party has good and indefeasible title to, or a valid leasehold interest in, its personal property, in each case, free and clear of Liens except for Permitted Encumbrances. The Credit Parties enjoy
peaceful and undisturbed possession under all leases of Equipment, Machinery and other personal property material to their business and to which they are parties or under which they are operating, and all of such material leases are valid and
subsisting. 
 (dd) Inactive Subsidiaries. Schedule 5.01(dd) contains a true, accurate and complete list of all the
Inactive Subsidiaries. The Inactive Subsidiaries listed on 

  

 - 42 - 

 
Schedule 5.01(dd), taken as a whole, do not own assets with an aggregate fair market value in excess of one million Dollars ($1,000,000)
(excluding obligations constituting Permitted Investments due from any Affiliate). None of the Inactive Subsidiaries has any material liabilities or engages in any business operations. 
 (ee) None of the Credit Parties nor any of their Subsidiaries have granted to any of the Funding Partners any lien on any of their assets other than
precautionary liens on Contracts assigned by any of the Borrowers to any Funding Partners and liens on the goods, equipment, payments, guaranties and proceeds assigned or transfered under such Contracts in favor of the Funding Partners. 

None of the Contracts assigned by any of the Borrowers to any Funding Partners pursuant to the Program Agreements gives any party rights to any of the
Credit Parties’ Intellectual Property (other than the non-exclusive license for use conveyed in the Contract), equipment or real estate or other assets of the Credit Parties, other than the rights to Contracts assigned by any of the Borrowers
to any Funding Partner and the goods, equipment, payments, guaranties and proceeds assigned or transfered under such Contracts in favor of the Funding Partners. 
 ARTICLE VI 
 REPORTING COVENANTS 
 Each Credit Party covenants and agrees that, from and after the date hereof (except as otherwise provided herein, or unless the Required Lenders have
given their prior written consent) until all amounts owing hereunder or under any Security Document or in connection herewith or therewith have been paid in full, that: 
 Section 6.01. Financial Statements. Each Credit Party (1) shall keep, and cause each of its Subsidiaries to keep, proper books of record and account, in which true and correct entries shall be made of all
material financial transactions and the assets and business of each Borrower and each such Subsidiary and (2) shall maintain a system of accounting established and administered in accordance with sound business practices to permit preparation
of consolidated financial statements in conformity with GAAP, and each of the financial statements described below shall be prepared from such system and records. The Borrowers shall deliver or cause to be delivered to the Agents in form and detail
satisfactory to the Agents: 
 (a) Monthly Reports. As soon as available, but in any event within thirty (30) days after the end
of each Fiscal Month (and with respect to the last Fiscal Month of each Fiscal Quarter of the Parent (including the last Fiscal Month of the Parent’s Fiscal Year), forty-five (45) days after the end of such Fiscal Month), (i) a
consolidated balance sheet for the Parent and its Subsidiaries as at the end of such Fiscal Month (and showing the same period from the previous Fiscal Year), (ii) the related consolidated statements of income of the Parent and its Subsidiaries
for such Fiscal Month, (iii) the related consolidated statements of cash flow of the Parent and its Subsidiaries for such Fiscal Month, and (iv) the related unaudited consolidated statements of income and cash flow, in each case, for such
Fiscal Month and for the period commencing on the first day of such Fiscal Year and ending the last day of such Fiscal Month (and showing the same periods from the previous Fiscal Year), in a form reasonably satisfactory to the Administrative

  

 - 43 - 

 
Agent and certified by an Authorized Officer of the Parent as fairly presenting, in all material respects, the financial position of the Parent and its
Subsidiaries as at the dates indicated and the results of their operations for the Fiscal Months indicated, such consolidated balance sheets and consolidated statements of income in accordance with GAAP, subject to normal year-end adjustments and
the absence of footnotes. 
 (b) Quarterly Reports. As soon as available, but in any event within forty-five (45) days after the
end of each Fiscal Quarter in each Fiscal Year (excluding the last Fiscal Quarter of each Fiscal Year), (i) the quarterly report of Parent required to be filed with the SEC pursuant to Section 13 or 15(d) of the Securities Exchange
Act, including the unaudited consolidated balance sheets of the Parent and its Subsidiaries as at the end of such period, the related unaudited consolidated statements of income and cash flow of the Parent and its Subsidiaries and the related
unaudited consolidated statements of income for such Fiscal Quarter or if such quarterly reports are not filed with the SEC for any reason, the unaudited consolidated balance sheets of the Parent and its Subsidiaries as at the end of such period,
the related unaudited consolidated statements of income and cash flow of the Parent and its Subsidiaries and the related unaudited consolidated statements of income for such Fiscal Quarter, (ii) a certificate of a Responsible Officer of the
Parent stating that such unaudited financial information fairly presents, in all material respects, the financial position of the Parent and its Subsidiaries as at the dates indicated and the results of its operations and cash flow for the Fiscal
Quarters indicated, such consolidated balance sheets and consolidated statements of income and cash flow in accordance with GAAP, subject to normal year-end adjustments and the absence of footnotes, (iii) a copy of the quarterly updated
litigation report for such Fiscal Quarter; provided, however, to the extent such quarterly report filed with the SEC contains a complete and correct disclosure regarding litigation, such quarterly report shall be deemed to satisfy this
clause (iii), (iv) an unaudited balance sheet and related statements of income of the foreign operations on a country by country basis for such Fiscal Quarter (including the last Fiscal Quarter of each Fiscal Year), (v) a detailed
report of all Asset Dispositions permitted by Section 8.04(k) and (vi) an update of Schedule 5.01(u) reflecting all changes since the last update. 
 (c) Annual Reports and Insurance Information. As soon as available, but in any event within ninety (90) days after the end of each Fiscal Year, (i) the annual report of Parent required to be filed
with the SEC pursuant to Section 13 or 15(d) of the Securities Exchange Act, including the audited consolidated balance sheets of the Parent and its Subsidiaries as of the end of such Fiscal Year, the related audited consolidated
statements of income, stockholders’ equity and cash flow of the Parent and its Subsidiaries and the related unaudited consolidated statements of income of the Parent and its Subsidiaries for such Fiscal Year or if such annual reports are not
filed with the SEC for any reason, the audited consolidated balance sheets of the Parent and its Subsidiaries as of the end of such Fiscal Year, the related audited consolidated statements of income, stockholders’ equity and cash flow of the
Parent and its Subsidiaries and the related unaudited consolidated statements of income of the Parent and its Subsidiaries for such Fiscal Year and (ii) a report on such financial statements of KPMG LLP or other independent public accountants
of nationally recognized standing or other independent certified public accountants reasonably acceptable to the Administrative Agent, which report shall be unqualified in all material respects. 
  

 - 44 - 

 (d) Officer’s Certificate; Etc. Together with each delivery of any financial statement
pursuant to subsections (b) and (c) of this Section 6.01, (i) an Officer’s Certificate substantially in the form of Exhibit F attached hereto and made a part hereof, stating that an
Authorized Officer signatory thereto has reviewed the terms of the Loan Documents, and has made, or caused to be made under his or her supervision, a review in reasonable detail of the transactions and financial condition of the Parent and its
Subsidiaries during the accounting period covered by such financial statements, that such review has not disclosed the existence during or at the end of such accounting period, and that such officer does not have knowledge of the existence as at the
date of such Officer’s Certificate, of any condition or event which constitutes an Event of Default or a continuing Default, if any such condition or event existed or exists, specifying the nature and period of existence thereof and what action
the Parent and its Subsidiaries have taken, are taking and propose to take with respect thereto (the “Officer’s Certificate”) and (ii) a certificate substantially in the form of Exhibit G attached hereto and
made a part hereof (the “Compliance Certificate”), signed by the Parent’s chief financial officer, treasurer or controller, setting forth calculations (with such specificity as the Administrative Agent may reasonably request)
for the period then ended which demonstrate compliance, when applicable, with the provisions of Article VIII and Article IX during such period. 
 (e) Budgets; Business Plans; Financial Projections. (i) As soon as practicable and in any event not later than ninety (90) days after the beginning of each Fiscal Year of the Parent a financial
forecast, prepared in accordance with the Parent’s normal accounting procedures applied on a consistent basis, for the succeeding Fiscal Year, including (A) a forecasted consolidated balance sheet, and the related consolidated statements
of income and cash flows of the Parent and its Subsidiaries for and as of the end of such Fiscal Year and (B) the amount of forecasted Capital Expenditures for such Fiscal Year. 
 (ii) a statement, with supporting schedules, of Minimum Liquidity, as of the last day of each week, delivered no later than three (3)
Business Days after the end of such week and a cash balance statement, separately identifying (A) amounts held in Cash Management Accounts or other Accounts subject to a Control Agreement and (B) amounts held by Foreign Subsidiaries, on
each Funding Date for the Revolving Loans. 
 Section 6.02. Other Financial Information. (a) Each of the Credit Parties hereby
authorizes each Agent and its representatives to communicate directly with the accountants so long as an Authorized Officer of such Credit Party participates in such communication and authorizes the accountants to disclose to each Agent, each Lender
and their respective representatives any and all financial statements and other financial information, including copies of any final management letter, that such accountants may have with respect to the Collateral or such Credit Party’s
financial condition, results of operations, properties, projections, business and business prospects. The Agents and such representatives shall treat any non-public information so obtained as confidential. 
 (b) Each of the Credit Parties shall deliver to the Administrative Agent and Revolving Agent copies of all documents and financial statements, reports
and notices, if any, sent or made available generally by the Credit Parties to the holders of its Securities or to a trustee under any indenture or filed with the SEC, and promptly upon their becoming available, copies of all press releases and
other statements made available by any Credit Party to the public 

  

 - 45 - 

 
concerning material developments in the business of any Credit Party and materials, information, reports, notices and proxy statements sent or made available
by the Borrower to its security holders generally in their capacities as such. 
 (c) The Borrower shall deliver to the Administrative Agent
and Revolving Agent copies of any final management reports delivered to any of the Borrowers by the accountants in connection with the financial statements delivered pursuant to Section 6.01. 
 Section 6.03. Defaults, Events of Default. Promptly upon any Authorized Officer obtaining knowledge of any condition or event which constitutes an
Event of Default or Default, each Credit Party shall deliver to the Administrative Agent and Revolving Agent an Officer’s Certificate specifying (a) the nature and period of existence of any such claimed Event of Default, Default,
condition or event, (b) the notice given or action taken by such Person in connection therewith and (c) what action such Credit Party has taken, is and proposes to take with respect thereto. 
 Section 6.04. Lawsuits. (a) Promptly upon any Credit Party obtaining knowledge of the institution of, or written threat of, (i) any
action, suit, proceeding or arbitration against or affecting such Credit Party or any Subsidiary or asset of such Credit Party not previously disclosed pursuant to Section 5.01(g), which action, suit, proceeding or arbitration could
reasonably be expected to have a Material Adverse Effect, (ii) any investigation or proceeding before or by any Governmental Authority, the effect of which could reasonably be expected to materially limit, prohibit or restrict the manner in
which such Credit Party currently conducts its business, (iii) any Forfeiture Proceeding which could reasonably be expected to have a Material Adverse Effect, or (iv) any material Condemnation or Condemnation proceeding, such Credit Party
shall give written notice thereof to the Administrative Agent and Revolving Agent and provide such other information reasonably requested by the Administrative Agent or the Revolving Agent as may be reasonably available to enable the Administrative
Agent or the Revolving Agent to evaluate such matters except, in each case, where the same is fully covered by insurance (other than applicable deductible), and (b) in addition to the requirements set forth in clause (a) of this
Section 6.04, such Credit Party upon request of the Administrative Agent or the Revolving Agent, shall promptly give written notice of the status of any action, suit, proceeding, governmental investigation or arbitration covered by a
report delivered pursuant to clause (a) above and provide such other information as may be reasonably requested by the Administrative Agent and reasonably available to such Credit Party to enable the Administrative Agent or the Revolving
Agent to evaluate such matters. 
 Section 6.05. Insurance. As soon as practicable and in any event within ten (10) Business Days
of any cancellation without replacement thereof of any material insurance coverage set forth on the most recent schedule delivered pursuant to Section 5.01(r), the Borrower Representative shall deliver to the Administrative Agent and
Revolving Agent notice of such cancellation. 
 Section 6.06. Environmental Notices. The Credit Parties shall, and shall cause their
Subsidiaries to, notify the Administrative Agent, Collateral Agent and Revolving Agent, in writing, promptly, and in any event within ten (10) Business Days after such Credit Party’s obtaining knowledge thereof, of any: (a) notice or
claim to the effect that such Credit 

  

 - 46 - 

 
Party or any of its Subsidiaries is or may be liable to any Person as a result of the Release of any Hazardous Material; (b) investigation by any
Governmental Authority of any Credit Party or any of its Subsidiaries evaluating whether any Remedial Action is needed to respond to the Release of any Hazardous Material; (c) notice that any Property of such Credit Party or any of its
Subsidiaries is subject to an Environmental Lien; (d) any material violation of Environmental Laws by such Credit Party or any of its Subsidiaries or awareness by such Credit Party of a condition which would reasonably be expected to result in
a material violation of any Environmental Law by such Credit Party or any of its Subsidiaries; (e) commencement or written threat of any judicial or administrative proceeding alleging a violation of or liability under any Environmental Law
involving such Credit Party or any of its Subsidiaries; (f) any proposed acquisition of stock, assets, real estate or leasing of property, or any other action by such Credit Party or any of its Subsidiaries that would reasonably be expected to
subject such Credit Party or such Subsidiary to material Environmental Liabilities and Costs; or (g) document provided to a Governmental Authority concerning any Release of a Hazardous Material in excess of any reportable quantity from or onto
property owned or operated by such Credit Party or any of its Subsidiaries or any release or event requiring reporting pursuant to any Environmental Law or any material obligation to take any Remedial Action to abate any Release. For purposes of
clauses (a), (b), (c) and (d), notice shall include any other written communications given to an agent or employee of the Borrower or such Credit Party with direct or indirect supervisory responsibility with
respect to the activity, if any, which is the subject of such communication. With respect to clauses (a) through (g) above, such notice shall be required only if (A) the liability or potential liability, or with respect
to clause (g), the cost or potential cost of compliance, which is the subject matter of the notice is reasonably likely to exceed one hundred thousand Dollars ($100,000), or if (B) such liability or potential liability or cost of
compliance when added to other ongoing or pending liabilities of such Credit Party and its Subsidiaries of the kind covered by clauses (a) through (f) above is reasonably likely to exceed two hundred and fifty thousand
Dollars ($250,000). Upon the written request of the Administrative Agent, the Credit Parties shall provide the Administrative Agent with copies of any non-privileged documents related to any matter for which notice has been given pursuant to this
Section 6.06. 
 Section 6.07. Labor Matters. Each Credit Party shall notify the Administrative Agent and Revolving Agent
in writing, promptly, but in any event within ten (10) Business Days after learning thereof, of (a) any material labor dispute to which such Credit Party could reasonably be likely to become a party, any actual or threatened strikes,
lockouts or other disputes relating to such Credit Party’s plants and other facilities and (b) any material liability incurred with respect to the closing of any plant or other facility of such Credit Party. 
 Section 6.08. Other Information. Promptly upon receiving a request therefor from the Administrative Agent or Revolving Agent, each Credit Party
shall prepare and deliver to the Administrative Agent and Revolving Agent (a) such other information with respect to such Credit Party’s business, financial condition, results of operations, properties, projections, business or business
prospects, (b) such other information with respect to the Collateral, including, without limitation, schedules identifying and describing the Collateral and any Dispositions thereof or (c) such other information with respect to such Credit
Party, as from time to time may be reasonably requested by the Administrative Agent or Revolving Agent. 
  

 - 47 - 

 ARTICLE VII 
 AFFIRMATIVE COVENANTS 
 Each Credit Party covenants and agrees, from and after the date hereof (except as
otherwise provided herein, or unless the Required Lenders have given their prior written consent) until all amounts owing hereunder or under any Loan Document or in connection herewith or therewith have been paid in full, that: 
 Section 7.01. Compliance with Laws and Contractual Obligations. Each Credit Party shall, and shall cause each of its Subsidiaries to, comply with
all Requirements of Law (including with respect to the licenses, approvals, certificates, permits, franchises, notices, registrations and other governmental authorizations necessary to the ownership of its respective properties or to the conduct of
its respective business, antitrust laws or Environmental Laws and laws with respect to social security and pension funds obligations) and all of its obligations pursuant to material contracts, except, in each case, where the failures to do so, in
the aggregate, could not reasonably be expected to result in a Material Adverse Effect. Each Credit Party shall, and shall cause each of its Subsidiaries to, have policies in place to observe the applicable requirements of the Patriot Act Related
Requirements consistent with U.S. industry practice. 
 Section 7.02. Payment of Taxes and Claims. Each Credit Party shall, and shall
cause each of its Subsidiaries to, pay (a) all taxes, assessments and other governmental charges imposed upon it or on any of its properties or assets or in respect of any of its franchises, business, income or property, and (b) all claims
(including claims for labor, services, materials and supplies) for sums material in the aggregate to such Credit Party which have become due and payable and which by law have or may become a Lien upon any of such Credit Party’s properties or
assets, in each case prior to the time when any penalty or fine will be incurred by the Credit Party with respect thereto, except for (i) such taxes, assessments, other governmental charges and claims that are being contested in a Permitted
Protest or (ii) to the extent that the failure to do so could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. 
 Section 7.03. Conduct of Business and Preservation of Corporate Existence. Each Credit Party shall, and shall cause each of its Subsidiaries to, (a) continue to engage in business of the same general type
as now conducted by the Credit Parties and their Subsidiaries, taken as a whole, and (b) preserve and maintain its corporate existence, rights (charter and statutory), licenses, consents, permits, notices or approvals and franchises deemed
material to its business; provided that no Credit Party nor any of such Credit Party’s Subsidiaries shall be required to preserve any right or franchise if (i) the Credit Party or any such Subsidiary shall determine in good faith
that the preservation thereof is no longer necessary, and (ii) that the loss thereof could not reasonably be expected to have a Material Adverse Effect, and provided further that this Section 7.03 shall not prohibit
any merger, consolidation, liquidation or dissolution otherwise permitted by Section 8.03 or any sale, transfer or other Disposition permitted under Section 8.04. 
  

 - 48 - 

 Section 7.04. Field Examination; Real Estate Asset Appraisal; Other Appraisals; Lender Meeting.

 (a) At any reasonable time during normal business hours and from time to time with at least three (3) Business Days’ prior
notice, or at any time if a Default or Event of Default shall have occurred and be continuing, each Credit Party shall, and shall cause each of its Subsidiaries to, permit any authorized representative(s) designated by the Administrative Agent or
the Collateral Agent to visit and inspect any of its assets, to examine, audit, check and make copies of their respective financial and accounting records, books, journals, orders, receipts and any correspondence with regulators and other data
relating to their respective businesses or the transactions contemplated by the Loan Documents (including in connection with environmental compliance, hazard or liability or insurance programs), and to discuss their affairs, finances and accounts
with their officers and independent certified public accountants, all upon reasonable notice and at such reasonable times during normal business hours. The visitations and/or inspections by or on behalf of the Administrative Agent and Collateral
Agent shall be at the Borrower’s expense; provided, however, that so long as no Default or Event of Default has occurred and is continuing, no more than one (1) visitation or inspection per Credit Party shall be made in any
Fiscal Year. Each Credit Party shall, and shall cause each of its Subsidiaries to, keep and maintain in all material respects proper, complete and accurate books of record and account, in which entries in conformity with GAAP shall be made of all
dealings and financial transactions and the assets and business of such Credit Party or Subsidiary in relation to their respective businesses and activities, including transactions and other dealings with respect to the Collateral. If an Event of
Default has occurred and is continuing and the Loans have been accelerated, the Borrowers, upon the Administrative Agent’s or Collateral Agent’s request, shall provide copies of any such records to the Administrative Agent or Collateral
Agent or their representatives. 
 (b) Upon three (3) Business Days’ prior written notice to the Credit Parties, each Credit Party
shall permit any authorized representatives of the Collateral Agent to conduct a field examination, at the Borrowers’ expense, of any of the properties of such Credit Party and its Subsidiaries, including its and their financial and accounting
records, and to make copies and take extracts therefrom, and to discuss its and their affairs, finances and business with its and their officers and certified public accountants, at such reasonable times during normal business hours and, subject to
the proviso set forth below, as often as may be reasonably requested (a “Field Examination”); provided, however, so long as no Default or Event of Default has occurred and is continuing, the Collateral Agent shall be
limited to one (1) Field Examination per Credit Party during each Fiscal Year if Minimum Liquidity of the Parent and its Subsidiaries is greater than thirty million Dollars ($30,000,000) at all times during such Fiscal Year, or if Minimum
Liquidity of the Parent and its Subsidiaries is less than or equal to than thirty million Dollars ($30,000,000) at anytime during any Fiscal Year, the Collateral Agent shall be limited to two (2) Field Examinations per Credit Party during such
Fiscal Year; provided, further, if an Event of Default has occurred and is continuing, the Collateral Agent shall not be so limited. Representatives of each Lender will be permitted to accompany representatives of the Collateral Agent
during each Field Examination at such Lender’s expense. 
 (c) Each Credit Party shall permit any authorized representatives of the
Collateral Agent to conduct an appraisal of the Inventory of such Credit Party (an “Inventory Appraisal”) and Real Estate Appraisal at such Credit Party’s expense; provided, however, that, unless an Event of
Default has occurred and is continuing the Collateral Agent shall be limited to one (1) Real Estate Appraisal per Credit Party and one (1) Inventory Appraisal per Credit Party 

  

 - 49 - 

 
during each Fiscal Year. Any Real Estate Appraisal or Inventory Appraisal shall be at the Borrowers’ expense. 
 (d) Each Credit Party will participate and will cause key management personnel of each Credit Party to participate in a meeting with the Collateral
Agent, the Administrative Agent, the Revolving Agent and Lenders at least once during each Fiscal Year, which meeting shall be held at a mutually agreeable location and time. 
 (e) Each Credit Party shall submit to Intellectual Property Appraisals, at such Credit Party’s expense, which shall be no more frequent than
bi-annual so long as no Event of Default occurs and is continuing. 
 Section 7.05. Maintenance of Properties. Each Credit Party
shall, and shall cause each of its Subsidiaries to, maintain, preserve and protect consistent with past practice all of their tangible Properties and Intellectual Property and other intangible assets which are necessary or useful in the proper
conduct of their business in good working order and condition, ordinary wear and tear and Casualty and Condemnation excepted, except where the failure to do so could reasonably be expected to have a Material Adverse Effect, and comply and cause each
of the Subsidiaries to comply, in all material respects with the provisions of all material leases to which each of them is a party so as to prevent any material loss or forfeiture thereof or thereunder. With respect to Intellectual Property, if
consistent with reasonable commercial judgment, each Credit Party shall, and shall cause each of its Subsidiaries to, maintain all material Registered Intellectual Property and Trade Secrets owned by such Credit Party or Subsidiary, including taking
all commercially reasonable steps to preserve and protect such material Intellectual Property, including maintaining the quality of any and all products or services used or provided in connection with any material Trademark, substantially consistent
with the quality of the products and services as of the date hereof, and ensuring that all licensed users of any such Trademark use such substantially consistent standards of quality, except where the failure to do so, in each case, could not
reasonably be expected to have a Material Adverse Effect. 
 Section 7.06. Transactions with Related Parties. Each Credit Party shall,
and shall cause each of its Subsidiaries to, conduct all transactions otherwise permitted under this Agreement with any of its Related Parties on terms that are fair and reasonable and no less favorable to such Credit Party or Subsidiary, as the
case may be, than it would obtain in a comparable arm’s-length transaction with a Person not a Related Party, provided that the following shall be allowed notwithstanding the foregoing: (a) nonexclusive licenses of patents,
copyrights, trademarks, trade secrets and other intellectual property by any Credit Party or any Subsidiary to any Credit Party or any Subsidiary of a Credit Party and (b) transactions between or among the Parent and its Subsidiaries that are
otherwise permitted under the Loan Documents. Any Related Party may serve as director, officer, employee or consultant of any Credit Party or its Subsidiaries, subject to the preceding sentence. 
 Section 7.07. Further Assurances. Each Credit Party shall take such action and execute, acknowledge and deliver, and cause each of its
Subsidiaries to take such action and execute, acknowledge and deliver, at its sole cost and expense, such agreements, instruments, updated or amended schedules (including without limitation Schedule 5.01(u)) or 

  

 - 50 - 

 
other documents as the Collateral Agent may reasonably require from time to time in order (a) to carry out more effectively the purposes of this Agreement
and the other Loan Documents, (b) to subject to valid and perfected first priority Liens (except for Permitted Encumbrances) on any of the Collateral or any other property of the Credit Parties acquired after the Closing Date and required to be so
perfected pursuant to any Loan Document, (c) to establish and maintain the validity and effectiveness of any of the Loan Documents and the validity, perfection and priority of the Liens intended to be created thereby (except for Permitted
Encumbrances), and (d) to better assure, convey, grant, assign, transfer and confirm unto the Collateral Agent for the ratable benefit of the Secured Creditors the rights now or hereafter intended to be granted to the Collateral Agent for the
ratable benefit of the Secured Creditors under this Agreement or any other Loan Document. 
 Section 7.08. Additional Security; Additional
Guaranties; Further Assurances. 
 (a) If any Credit Party acquires a fee interest in any Real Estate Asset with a fair market value in
excess of one hundred thousand Dollars ($100,000), such Credit Party shall notify the Agents thereof within fifteen (15) days thereafter, and if such interest has not otherwise been made subject to a Lien in favor of Collateral Agent, for the
benefit of the Secured Creditors, under a Mortgage delivered on the date hereof, then within sixty (60) days after acquiring such Real Estate Asset, or such later time as may be reasonably necessary, in the Collateral Agent’s reasonable
discretion, the applicable Credit Party shall take all such actions and execute and deliver, or cause to be executed and delivered to the Agents, (A) all such Mortgages, documents, instruments, agreements, opinions and certificates that the
Collateral Agent shall reasonably request to create in favor of Collateral Agent, for the benefit of the Secured Creditors, a valid and enforceable perfected first priority (subject to any Permitted Encumbrances) Lien and security interest in such
Real Estate Asset, and (B) all of the documents, instruments and other materials related thereto described in Section 4.01(v) and Section 4.01(y) hereof. In addition to the foregoing, each Credit Party shall, at the
request of the Required Lenders, deliver, from time to time, to the Administrative Agent and the Revolving Agent such appraisals as are required by law or regulation applicable to such Real Estate Asset or to any Secured Creditor’s interest in
such Real Estate Asset hereunder or under any Mortgage thereof. 
 (b) If any Credit Party enters into any Lease after the Closing Date with
respect to real property pursuant to which such Credit Party has an obligation to pay annual base rent in excess of one million Dollars ($1,000,000) after the expiration of any rent abatement or free rent period, then such Credit Party shall notify
the Agents thereof within fifteen (15) days thereafter, and such Credit Party shall promptly (and, in any event, within sixty (60) days following the date of such Lease or such later time as may reasonably be necessary, in the Collateral
Agent’s reasonable discretion), use commercially reasonable efforts to execute and deliver to the Agents (i) all such Mortgages, documents, instruments, agreements, opinions and certificates that the Collateral Agent shall reasonably
request to create in favor of the Collateral Agent, for the benefit of the Secured Creditors, a valid and enforceable perfected first priority (subject to Permitted Encumbrances) Lien and security interest in such Leasehold Property, (ii) each
of the documents, instruments and other materials related thereto described in Section 4.01(v) and Section 4.01(y) hereof as may be reasonably requested by the Agents, (iii) a 

  

 - 51 - 

 
Landlord Consent and Estoppel if required under the applicable Lease, or landlord estoppel certificate if no consent is required under the Lease;
provided that any such landlord estoppel shall be in form and substance reasonably acceptable to the Revolving Agent and the Administrative Agent and shall address such matters as are reasonably required by the Lenders, which shall include,
but not be limited to, a waiver by the landlord of all landlord liens, (iv) evidence that the Lease (or a memorandum thereof) has been recorded in all places necessary or desirable, in the judgment of the Administrative Agent and Revolving
Agent, to give constructive notice of such Lease to third-party purchasers and encumbrances of the affected real property; and (v) a subordination, non-disturbance and attornment agreement in a form reasonably acceptable to the Collateral
Agent. 
 (c) Each Credit Party shall pledge, or cause to be pledged, to the Collateral Agent, for the benefit of the Collateral Agent and
Secured Creditors, all of the Capital Stock owned by a Credit Party of each Person that after the date hereof becomes a Domestic Subsidiary of such Credit Party, and 65% of the Capital Stock of each material new Foreign Subsidiary directly owned by
such Credit Party. The documentation for such security and pledge shall be in form and substance reasonably satisfactory to the Administrative Agent or the Collateral Agent and shall be substantially similar to the Loan Documents executed
concurrently herewith with such modifications as are reasonably requested by the Collateral Agent. 
 (d) Each Credit Party will cause each
Subsidiary which, after the Closing Date, is required to become a Guarantor to, at its own expense, execute, acknowledge and deliver, or cause the execution, acknowledgment and delivery of, and thereafter register, file or record in any appropriate
governmental office, any document or instrument reasonably deemed by the Collateral Agent to be necessary or desirable for the creation and perfection of the Liens on its assets intended to be created pursuant to the relevant Security Documents. The
Credit Parties will take, and cause each Subsidiary described above in Section 7.08(c) to take, all actions reasonably requested by any Agent (including the filing of UCC-1s (or the appropriate equivalent filings under the laws of any
relevant foreign jurisdiction), or the furnishing of legal opinions, etc.) in connection with the granting of such Liens. 
 (e) The Liens
required to be granted pursuant to this Section 7.08 shall be granted pursuant to the respective Security Documents previously executed and delivered by the Credit Parties (or other security documentation substantially similar to such
Security Documents or otherwise reasonably satisfactory in form and substance to the Collateral Agent) for the benefit of the Secured Creditors and shall constitute valid and enforceable first priority perfected Liens on all of the Collateral
subject thereto, prior to the rights of all third Persons and subject to no other Liens except Permitted Encumbrances, and with such exceptions, conditions and qualifications as shall be permitted by the respective Security Documents. Any Additional
Security Documents and other instruments related thereto or related to existing Security Documents shall be duly recorded or filed in such manner and in such places and at such times as are required by law to create, maintain, effect, perfect,
preserve, maintain and protect the Liens, in favor of the Collateral Agent for the benefit of the Secured Creditors, required to be granted pursuant to the Additional Security Documents and all taxes, fees and other charges payable in connection
therewith shall be paid in full by the Borrowers. At the time of the execution and delivery of any Security Documents or Additional Security Documents, the Credit Parties will, at the request of the Collateral Agent, cause to be delivered to the
Collateral Agent such customary 

  

 - 52 - 

 
opinions of counsel and other related documents as may be reasonably requested by the Collateral Agent to assure that this Section 7.08 has been
complied with. 
 (f) Each Credit Party agrees that each action required above by this Section 7.08 shall be completed as
promptly as reasonably practicable after such action is requested to be taken by the Administrative Agent, the Revolving Agent or the Collateral Agent; provided that any action required above by Section 7.08(c), (d), and
(e) with respect to a newly formed, created or acquired Subsidiary shall be completed as promptly as practicable following the formation, creation or acquisition of such Subsidiary. 
 Section 7.09. Powers; Conduct of Business. Each Credit Party shall, and shall cause each of its Subsidiaries to, qualify and remain qualified to
do business in each jurisdiction in which the nature of its business requires it to be so qualified except for those jurisdictions where failure to so qualify does not have or could not reasonably be expected to have a Material Adverse Effect.

 Section 7.10. Use of Proceeds. Proceeds of the Loans shall be used in accordance with Section 1.04 hereof. 

Section 7.11. Obtaining of Permits, Etc. Each Credit Party shall obtain, maintain and preserve, and cause each of its Subsidiaries to obtain,
maintain and preserve, all permits, licenses, authorizations, approvals, entitlements and accreditations which are necessary or useful in the proper conduct of its business, except where the failure to maintain and preserve such permits, licenses,
authorizations, approvals, entitlements and accreditations does not or could not reasonably be expected to have a Material Adverse Effect. 
 Section 7.12. Environmental. Each Credit Party shall, and shall cause each of its Subsidiaries to, (a) comply, and cause it Subsidiaries to comply, in all material respects with Environmental Laws and provide to the Collateral
Agent documentation of such compliance which Collateral Agent reasonably requests, which documentation shall include a notice by the Borrower Representative six (6) months after the Closing Date of the steps taken by the Credit Parties or their
Subsidiaries to address any outstanding matters described on Section 5.01(q), (b) in the event of any material violation of any Environmental Law promptly commence and diligently pursue appropriate measures to abate such violation,
and (c) perform any Remedial Action at property owned or operated by the Borrower or any of its Subsidiaries (x) that is required of the Borrower or such Subsidiary pursuant to any Environmental Law or agreement with a Governmental
Authority, or (y) that was initiated prior to the Closing Date and is identified on Section 5.01(q). 
 Section 7.13.
Fiscal Year. Each Credit Party shall cause its Fiscal Year to end on or about June 30 of each year unless the Required Lenders consent to a change in such Fiscal Year (and appropriate related changes to this Agreement). 
 Section 7.14. Condemnation. Immediately upon learning of the institution of any Condemnation of any of its owned or leased real property, any
Credit Party shall notify each of the Agents of the pendency of such proceeding. 
  

 - 53 - 

 Section 7.15. Maintenance of Insurance. (a) Each Credit Party shall maintain, and cause each
of its Subsidiaries to maintain (either in the name of such Credit Party or in such Subsidiary’s own name), insurance with financially sound and reputable insurance companies or associations (including, without limitation, commercial general
liability, property and business interruption insurance) with respect to their Properties (including all Real Estate Assets leased or owned by them) and business, in such amounts and covering such risks as is required by any Governmental Authority
having jurisdiction with respect thereto or as is carried generally in accordance with sound business practice by companies in similar businesses similarly situated. All property policies covering the Collateral shall name the Collateral Agent as an
additional insured or loss payee, in case of loss. All certificates of insurance are to be delivered to the Collateral Agent and the policies shall contain a loss payable and additional insured endorsements in favor of the Collateral Agent
(substantially in the form reasonably requested by the Collateral Agent), and shall provide for not less than thirty (30) days’ prior written notice to the Collateral Agent and other named insureds of the exercise of any right of
cancellation; 
 (b) Each Credit Party shall provide, and shall cause each of its Subsidiaries to provide, the Collateral Agent with copies
of all insurance renewal certificates obtained by the Credit Parties and their Subsidiaries within three (3) Business Days of the receipt thereof; and 
 (c) Each Credit Party hereby waives, and shall cause each of its Subsidiaries and each of its insurers to waive, all rights of subrogation against any Agent and the Secured Creditors. 
 Section 7.16. Change in Collateral; Collateral Records. Each Credit Party shall advise the Collateral Agent promptly, in sufficient detail, of any
change which could reasonably be expected to have a Material Adverse Effect relating to the value of the Collateral or the Lien granted thereon and execute and, upon the Collateral Agent’s reasonable request, deliver, and cause each of its
Subsidiaries to execute and deliver, to the Collateral Agent from time to time, solely for the Collateral Agent’s convenience in maintaining a record of Collateral, such written statements and schedules, maintained by such Borrower and its
Subsidiaries in the ordinary course of business, as the Collateral Agent may reasonably require, designating, identifying or describing the Collateral. 
 Section 7.17. Payment of Contractual Obligations. Each Credit Party shall, and shall cause each of its Subsidiaries to, pay on a timely basis (a) any and all amounts due and payable pursuant to any
material contracts (other than material insurance policies) except where the failure to pay could not reasonably be expected to cause a Material Adverse Effect and (b) any and all premium, cash reserve, claims or other payment obligations in
respect of any material insurance policy. 
  

 - 54 - 

 Section 7.18. Formation of Subsidiaries. In addition to Section 7.08, at the
time that any Credit Party forms any Domestic Subsidiary or acquires any Domestic Subsidiary after the Closing Date, such Credit Party shall promptly (a) cause such Domestic Subsidiary to execute and deliver to the Administrative Agent, the
Revolving Agent and the Collateral Agent a Joinder Agreement, the Security Agreement, and such security documents, as well as appropriate financing statements, all in form and substance reasonably satisfactory to the Administrative Agent the
Revolving Agent and the Collateral Agent (including being sufficient to grant the Collateral Agent, on behalf of the Secured Creditors, a first priority Lien (subject to Permitted Encumbrances) in and to the assets of such newly formed or acquired
Subsidiary) and (b) provide to the Administrative Agent, the Revolving Agent and the Collateral Agent all other documentation, including, at the Collateral Agent’s request, one or more opinions of counsel reasonably satisfactory to the
Administrative Agent, the Revolving Agent and the Collateral Agent, which in the opinion of each of them is appropriate with respect to the execution and delivery of the applicable documentation referred to above (including the grant and perfection
of any Lien contemplated thereby). Any document, agreement, or instrument executed or issued pursuant to this Section 7.18 shall be a Loan Document. 
 Section 7.19. Cash Management. 
 (a) The Credit Parties shall cause the Secured Creditors to have a
valid, perfected, first-priority security in all Permitted Accounts as and to the extent provided in the Security Agreement. 
 (b) Each
Credit Party shall deposit or cause to be deposited promptly, and in any event no later than the first Business Day (other than with respect to payments made by check in an aggregate amount not to exceed five hundred thousand Dollars ($500,000) at
any one time, which shall be made weekly) after the date of receipt thereof, all of their Collections (including those sent directly by their Account Debtors to the Credit Parties) into a bank account subject to a Control Agreement (a “Cash
Management Account”) at one of the Cash Management Banks. 
 (c) So long as no Event of Default has occurred and is continuing, the
Credit Parties may amend Schedule 4.01(w) to add or replace a Cash Management Bank or Cash Management Account; provided, however, that (i) such prospective Cash Management Bank shall be reasonably satisfactory to each
of the Agents, and (ii) prior to the time of the opening of such Cash Management Account, such Credit Party, as applicable, and such prospective Cash Management Bank shall have executed and delivered to the Collateral Agent a Cash Management
Agreement. The Credit Parties shall close any of their Cash Management Accounts (and establish replacement cash management accounts in accordance with the foregoing sentence) promptly and in any event within thirty (30) days of written notice
from any Agent that the creditworthiness of any Cash Management Bank is no longer acceptable in such Agent’s reasonable judgment, or as promptly as practicable and in any event within sixty (60) days of notice from any Agent that the
operating performance, funds transfer, or availability procedures or performance of the Cash Management Bank with respect to Cash Management Accounts or any Agent’s liability under any Cash Management Agreement with such Cash Management Bank is
no longer acceptable in such Agent’s reasonable judgment. 
  

 - 55 - 

 Section 7.20. Location of Inventory and Equipment. Each Credit Party will keep its Threshold
Inventory and Threshold Equipment only at any of the locations identified on Schedule 5.01(y) or in transit from one such location to another; provided, however, that the Borrower Representative may amend
Schedule 5.01(y) so long as such amendment occurs by written notice to the Collateral Agent not less than thirty (30) days prior to the date on which the list of locations has changed and such Threshold Inventory or Threshold
Equipment is moved to such new location in the United States. 
 Section 7.21. Post-Closing Matters. Each Credit Party shall satisfy
each condition and complete each item set forth on Schedule 7.21 attached hereto on or before the time specified on Schedule 7.21 with respect to such condition or item. 
 Section 7.22. Threshold Inventory. Each Credit Party shall maintain its Threshold Inventory only (a) at locations that are (i) owned by
the Credit Parties or (ii) subject to a Collateral Access Agreement or will be within 60 days from the Closing Date, (b) in transit from one such location to another or (c) in transit to, or on a customer site for, installation.

 ARTICLE VIII 
 NEGATIVE
COVENANTS 
 Each Credit Party covenants and agrees, from and after the date hereof (except as otherwise provided herein, or unless the
Required Lenders have given their prior written consent) until all amounts owing hereunder or under any other Loan Document or in connection herewith or therewith have been paid in full, that: 
 Section 8.01. Liens. It shall not, and shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Lien upon or with
respect to any of its property or assets, whether now owned or hereafter acquired, or assign or otherwise transfer any account receivable or other right to receive income, other than: 
 (a) Permitted Encumbrances. 
 (b) Liens in
effect on the Closing Date on Contracts assigned by any of the Borrowers to any of the Funding Partners and the goods, equipment, payments, guaranties and proceeds related to any of such Contracts in favor of the Funding Partners, in each case,
solely to the extent sold, conveyed, pledged, assigned or transferred pursuant to the Program Agreements among any of the Borrowers and each separate Funding Partner to the extent such Contracts are fully paid for. 
 (c) Liens created after the Closing Date on Contracts assigned by any of the Borrowers to any of the Funding Partners and the goods, equipment, payments,
guaranties and proceeds of such Contracts in favor of the Funding Partners, in each case solely to the extent sold, conveyed, pledged, assigned or transferred pursuant to the Program Agreements among any of the Borrowers and each separate Funding
Partner to the extent such Contracts are fully paid for. 
  

 - 56 - 

 Section 8.02. Indebtedness. It shall not, and shall not permit any of its Subsidiaries to, create,
incur, assume, guarantee or suffer to exist, or otherwise become or remain liable with respect to any Indebtedness, other than Permitted Indebtedness. 
 Section 8.03. Restrictions on Fundamental Changes. Except as expressly permitted by Section 8.04, it shall not, and shall not permit any of its Subsidiaries to: 
 (a) Enter into any merger or consolidation, reorganization or recapitalization (other than any merger (i) between any Domestic Subsidiary and Parent
in which Parent is the surviving corporation, or (ii) between two Foreign Subsidiaries) not otherwise permitted under the Loan Documents, or reclassify its Stock other than pursuant to the terms of such Stock; 
 (b) Other than with respect to Inactive Subsidiaries and Foreign Subsidiaries, liquidate, wind up or dissolve itself (or suffer any liquidation or
dissolution); 
 (c) Convey, sell, lease, license, assign, transfer, or otherwise dispose of, in one transaction or a series of transactions,
all or substantially all of its assets; or 
 (d) Suspend or go out of a substantial portion of its or their business or a division thereof;
provided, however, the Credit Parties may suspend or discontinue a substantial portion, or division, of any Subsidiary to the extent such Subsidiary or division contributes less than twenty percent (20%) of the consolidated
revenue of the Parent and its Subsidiaries during the last Fiscal Year. 
 Section 8.04. Asset Dispositions, Etc. It shall not, and it
shall not permit any of its Subsidiaries to, sell, transfer, lease or otherwise dispose of, or grant options, warrants or other rights with respect to, any of its assets (including any Capital Stock or Indebtedness of any Person), except for the
following: 
 (a) sales, transfers, leases or other dispositions of Inventory or rights to Inventory in the ordinary course of business;

 (b) sales, transfers, leases or other dispositions of assets to a Credit Party; 
 (c) the discount or sale, in each case without recourse and in the ordinary course of business, of receivables more than ninety (90) days overdue
and arising in the ordinary course of business, but only in connection with the compromise or collection thereof consistent with customary industry practice (and not as part of any bulk sale or financing of receivables); 
 (d) sales or other dispositions in the ordinary course of business of assets (including Intellectual Property) that have become obsolete, uneconomic,
worn-out or no longer useful in the business of the Parent and its Subsidiaries; 
 (e) Restricted Payments permitted by the terms of this
Agreement; 
 (f) dispositions of cash and Cash Equivalents in the ordinary course of business; 
  

 - 57 - 

 (g) nonexclusive licenses of patents, copyrights, Trademarks, Trade Secrets and other Intellectual
Property of the Credit Parties and their Subsidiaries entered into in the ordinary course of business; 
 (h) in a transaction permitted
under Section 8.06 or Section 8.07; 
 (i) leases, subleases or licenses of property to other Persons not materially
interfering with the business of the Credit Parties and their Subsidiaries; 
 (j) issuance of Capital Stock, options or warrants of the
Parent; 
 (k) Dispositions with an aggregate fair market value not exceeding three million Dollars ($3,000,000) in the aggregate in any
Fiscal Year; provided, however, to the extent that in any Fiscal Year the Credit Parties do not use the entire amount available pursuant to this clause (k) (after giving effect to any carry-forward pursuant to this
proviso), the Credit Parties may carry forward such unused amounts to the succeeding Fiscal Years; and provided, further, that sales, conveyances, transfers, leases, subleases, licenses, assignments and other dispositions of machinery,
Equipment and Real Estate Assets, which are not replaced within one hundred eighty (180) days, shall not exceed three million Dollars ($3,000,000) in the aggregate at any time on or after the Closing Date. 
 Section 8.05. Limitation on Issuance of Capital Stock. It shall not, and it shall not permit any of its Subsidiaries to, issue or sell or enter
into any agreement or arrangement for the issuance and sale of any shares of its Capital Stock, any Securities convertible into or exchangeable for its Capital Stock or any warrants, options or other rights for the purchase or acquisition of any of
its Capital Stock, other than (a) in connection with the plans set forth on Schedule 8.05; (b) the issuance of Capital Stock by Parent; (c) the issuance of Capital Stock to any Credit Party to the extent such stock is
covered by the Pledge Agreement; or (d) the issuance of Capital Stock by any Subsidiary of directors’ qualifying shares. 
 Section
8.06. Limitations on Dividends and Distributions and Other Payment Restrictions Affecting Subsidiaries. It shall not, and it shall not permit any of its Subsidiaries to, create or otherwise cause, incur, assume, suffer or permit to exist or
become effective any consensual encumbrance or restriction of any kind on its ability (a) to pay dividends or to make any other distribution on any shares of its Capital Stock, (b) to subordinate or to pay, prepay, redeem or repurchase any
Indebtedness owed to any Credit Party or Subsidiary of a Credit Party, (c) to make loans or advances to any Credit Party or Subsidiary of a Credit Party or (d) to transfer any of its property or assets to any Credit Party or Subsidiary of
a Credit Party; provided, however, that nothing in clauses (a) through (d) of this Section 8.06 shall prohibit or restrict: (i) this Agreement and the other Loan Documents; (ii) any
applicable law, rule or regulation (including applicable currency control laws and applicable state or provincial corporate statutes restricting the payment of dividends or any other distributions in certain circumstances); (iii) any
restriction set forth in any document or agreement governing or securing any Existing Debt; (iv) in the case of clause (d), any restrictions on the subletting, assignment or transfer of any property or asset included in a lease,
license, sale conveyance or similar agreement with respect to such property or asset; (v) in the case of clause (d), any holder of a Permitted Encumbrance from restricting on customary terms the transfer of any property or 

  

 - 58 - 

 
assets subject to such Permitted Encumbrance; (vi) any agreement or instrument in effect at the time a Person first became a Subsidiary of the Borrower
or the date such agreement or instrument is otherwise assumed by the Borrower or any of its Subsidiaries, so long as such agreement or instrument was not entered into solely in contemplation of such Person becoming a Subsidiary of the Borrowers or
such assumption; (vii) customary provisions restricting assignment of any licensing agreement or other contract entered into by the Borrowers or any of its Subsidiaries in the ordinary course of business; (viii) restrictions on the
transfer of any asset pending the close of the sale of such asset; or (ix) customary provisions with respect to the payment of dividends or other distributions by any Subsidiary that is not a Credit Party set forth in the organizational
documents for such Subsidiary so long as such provisions were not entered into in connection with any other agreement or arrangement not otherwise permitted under this Section 8.06. 
 Section 8.07. Investments. It shall not, and it shall not permit any of its Subsidiaries to, directly or indirectly, hold, own or invest in or
commit or agree to hold or invest in, or purchase or otherwise acquire or commit or agree to purchase or otherwise acquire any Investment, except for Permitted Investments. 
 Section 8.08. Sale and Leaseback. It shall not, and it shall not permit any of its Subsidiaries to, directly or indirectly, become or remain
liable as lessee or as a guarantor or other surety with respect to any lease, whether an Operating Lease or a Capitalized Lease, of any property (whether real, personal or mixed), whether now owned or hereafter acquired, (a) that any Credit
Party or any of its Subsidiaries has sold or transferred or is to sell or transfer to any other Person or (b) that any Credit Party or any of its Subsidiaries intends to use for substantially the same purpose as any other property that has been
or is to be sold or transferred by such Credit Party or any other Credit Party to any Person in connection with such lease. 
 Section 8.09.
Negative Pledges. It shall not, and it shall not permit any of its Subsidiaries to, enter into any agreement prohibiting the creation or assumption of any Lien upon any of its properties or assets, whether now owned or hereafter acquired,
except (a) pursuant to this Agreement and the Security Documents, (b) pursuant to any document or instrument governing Existing Debt or governing Capitalized Leases or purchase money debt incurred pursuant to Section 8.02 if
any such restriction contained therein relates only to the asset or assets acquired in connection therewith or in connection with any Lien permitted by Section 8.01 or any Disposition permitted by Section 8.04;
(c) prohibitions or conditions under applicable law, rule or regulation; (d) any agreement or instrument to which any Person is a party existing on the date such Person first becomes a Subsidiary of a Credit Party or the date such
agreement or instrument is otherwise assumed by a Credit Party or any of its Subsidiaries (so long as such agreement or instrument was not entered into solely in contemplation of such Person becoming a Subsidiary of a Credit Party or such assumption
and such prohibitions or conditions do not affect any other Subsidiary of the Credit Party (other than Subsidiaries of such Person having primary obligation for repayment of such Indebtedness)); (e) customary provisions restricting subletting
or assignment of any lease governing any leasehold interest of the Borrower or any of its Subsidiaries; (f) customary provisions restricting assignment of any licensing agreement or other contract entered into by a Credit Party or any of its
Subsidiaries in the ordinary course of business; or (g) restrictions on the transfer of any asset pending the close of the sale of such asset. 
  

 - 59 - 

 Section 8.10. Change in Nature of Business. (a) Except as expressly permitted hereunder, it
shall not, and it shall not permit any of its Subsidiaries to, make any material change in the nature of its business as such business is carried on as of the Closing Date or any business substantially related or incidental thereto. 
 (b) It shall not, and it shall not permit any of its Subsidiaries to, modify or change its fiscal year or materially modify or change its method of
accounting (other than as may be required to conform to GAAP or, with respect to Subsidiaries, to conform to the Parent’s Fiscal Year) or enter into, modify, or terminate any agreement currently existing or at any time hereafter entered into
with any third party accounting firm or service bureau for the preparation or storage of the Borrowers’ accounting records in a manner that would result in said accounting firm or service bureau declining to provide the Agents with information
regarding the Borrowers’ and their Subsidiaries’ financial condition. 
 Section 8.11. Change Name. It shall not, and it
shall not permit any of its Subsidiaries to, change any Borrower’s or any of its Subsidiaries’ name, organizational identification number, state of organization, or organizational identity; provided, however, that a Borrower
or a Subsidiary of a Borrower may change its name upon at least thirty (30) days’ prior written notice by the Borrowers to the Administrative Agent and the Collateral Agent of such change and so long as, at the time of such written
notification, such Borrower or such Subsidiary provides any financing statements or fixture filings necessary to perfect and continue perfected Liens. 
 Section 8.12. Restricted Payments. It shall not, and it shall not permit any of its Subsidiaries to, make any Restricted Payment, except (a) intercompany loans and advances between Credit Parties to the
extent permitted by Section 8.02, (b) dividends and distributions by Subsidiaries of the Credit Parties to the Credit Party or a Subsidiary of the Credit Party that holds of the Stock of such Subsidiaries, (c) employee loans
permitted under Section 8.02, and (d) payments of principal and interest of intercompany notes issued in accordance with Section 8.02. 
 Section 8.13. Change of Control. It shall not, and it shall not permit any of its Subsidiaries to, cause, or take action in support of, directly or indirectly, any Change of Control. 
 Section 8.14. Modifications of Indebtedness, Organizational Documents and Certain Other Agreements. It shall not, and it shall not permit any of
its Subsidiaries to, amend, modify or otherwise change (a) its certificate of incorporation or bylaws (or other similar organizational documents), including by the filing or modification of any certificate of designation, or any agreement or
arrangement entered into by it, with respect to any of its Capital Stock (including any shareholders’ agreement) except any such amendments, modifications or changes pursuant to this clause that either individually or in the aggregate would not
be materially adverse to the interests of the Lenders or (b) its accounting policies or reporting practices. 
  

 - 60 - 

 Section 8.15. Federal Reserve Regulations. It shall not, and it shall not permit any of its
Subsidiaries to, use any Loan or the proceeds of any Loan for any purpose that would cause such Loan to be a margin loan under the provisions of Regulation T, U or X. 
 Section 8.16. Investment Company Act of 1940. It shall not, and it shall not permit any of its Subsidiaries to, engage in any business, enter into
any transaction, use any Securities or take any other action that would cause it or any of its Subsidiaries to become subject to the registration requirements of the Investment Company Act of 1940, as amended, by virtue of being an “investment
company” or a company “controlled” by an “investment company” not entitled to an exemption within the meaning of such Act. 
 Section 8.17. Securities Accounts; Deposit Accounts. Subject to the Security Agreement and except as permitted by Section 8.07, it shall not, and shall not permit any of its Subsidiaries, to establish or maintain any
domestic Securities Account, Deposit Account or similar account unless the Collateral Agent shall have received a Control Agreement in respect of such domestic Securities Account, Deposit Account or similar account. Each Credit Party shall comply in
all material respects with the provisions of each Control Agreement to which it is a party. 
 Section 8.18. Impairment of Security
Interests. Except as otherwise permitted pursuant to any of the Loan Documents, it shall not, and it shall not permit its Subsidiaries who are Credit Parties to, directly or indirectly, take any action or do anything that would have the effect
of terminating, limiting or impairing the perfection or priority of any Lien securing the Obligations except as expressly permitted under any Loan Document. 
 Section 8.19. Inactive Subsidiaries. It shall not, and it shall not permit any of its Subsidiaries to, permit, at any time (a) the Inactive Subsidiaries, taken as a whole, to own assets with an aggregate
fair market value of one million Dollars ($1,000,000) or more or (b) any of the Inactive Subsidiaries to incur any material liabilities or engage in any business activities. 
 Section 8.20. Foreign Deposit Accounts. It shall not, and shall not permit any of its domestic Subsidiaries to, make any investment or transfer
any cash, cash equivalents or other Securities to any foreign Deposit Account or Securities Account, except as permitted pursuant to clause (g) of the definition of Permitted Investment. 
 Section 8.21. Program Agreements. (a) It shall not, and it shall not permit any of its Subsidiaries to, amend, modify, supplement or
otherwise change any Program Agreement without the prior written consent of the Agents, which is not to be unreasonably withheld. 
 (b) It
shall not, and it shall not permit any of its Subsidiaries to, (i) enter into any financial transactions, agreements, contracts or relationship with any Funding Partner, (ii) modify, amend, supplement or otherwise change (other than
insignificant administrative changes) any existing agreement, contract or other relationship with any Funding Partner, (iii) enter into any new transaction with any Funding Partner under any existing Program Agreement or other contract or
arrangement, or (iv) add any assets to a Program Agreement or 

  

 - 61 - 

 
sell, pledge, assign, or otherwise transfer any interest in any assets or property that would constitute program contracts, whether under a Program Agreement
or otherwise, in each case, without the prior written consent of the Agents and the Required Lenders. Notwithstanding the foregoing, if a Funding Partner has both (1) entered into an intercreditor agreement with the Collateral Agent in form and
substance satisfactory to the Agents, and, in addition, (2) filed amendments in form and substance satisfactory to the Collateral Agent limiting such Funding Partner’s recorded financing statements and any other liens of record, the
restrictions of this Section 8.21(b) shall not apply to such Funding Partner. 
 ARTICLE IX 
 FINANCIAL COVENANTS 
 Each Credit Party
covenants and agrees, from and after the date hereof (except as otherwise provided herein) until all amounts owing hereunder or under any Loan Document or in connection herewith or therewith have been paid in full, that: 
 Section 9.01. Total Leverage Ratio. Total Leverage Ratio, as of each date set forth below, for the Parent and its Subsidiaries on a consolidated
basis, shall not be greater than the ratio set forth opposite such date below: 
  

			
	 Period Ending
	  	Ratio
	 December 29, 2006
	  	23.6x
	 March 30, 2007
	  	9.8x
	 June 29, 2007
	  	5.0x
	 September 28, 2007
	  	5.0x
	 December 28, 2007
	  	3.5x
	 March 28, 2008
	  	3.5x
	 June 27, 2008
	  	3.5x
	 September 26, 2008
	  	3.5x
	 December 26, 2008
	  	3.5x
	 March 27, 2009
	  	3.0x
	 June 26, 2009
	  	3.0x
	 September 25, 2009
	  	3.0x
	 December 25, 2009
	  	3.0x
	 March 26, 2010
	  	3.0x
	 June 25, 2010
	  	3.0x
	 September 24, 2010
	  	3.0x
	 December 24, 2010
	  	3.0x
	 March 25, 2011
	  	3.0x
	 June 24, 2011
	  	3.0x
	 September 30, 2011
	  	3.0x

  

 - 62 - 

 Section 9.02. Minimum Levels of Consolidated EBITDA. The Credit Parties shall not permit
Consolidated EBITDA for the Parent and its Subsidiaries: 
 (a) for the quarterly period ending December 29, 2006 to be less than
$1,580,000; 
 (b) for the six-month period ending March 30, 2007 to be less than $6,080,000; 
 (c) for the nine-month period ending June 29, 2007 to be less than $15,310,000; 
 (d) for the twelve-month period ended on each date set forth below to be less than the amount set forth opposite such date: 
  

				
	 Measurement Period Ending
	  	Amount
	 September 28, 2007
	  	$	20,600,000
	 December 28, 2007
	  	$	31,150,000
	 March 28, 2008
	  	$	31,150,000
	 June 27, 2008
	  	$	29,420,000
	 September 26, 2008
	  	$	28,710,000
	 December 26, 2008
	  	$	28,720,000
	 March 27, 2009
	  	$	28,530,000
	 June 26, 2009
	  	$	37,000,000
	 September 25, 2009
	  	$	37,000,000
	 December 25, 2009
	  	$	37,000,000
	 March 26, 2010
	  	$	37,000,000
	 June 25, 2010
	  	$	37,000,000
	 September 24, 2010
	  	$	37,000,000
	 December 24, 2010
	  	$	37,000,000
	 March 25, 2011
	  	$	37,000,000
	 June 24, 2011
	  	$	37,000,000
	 September 30, 2011
	  	$	37,000,000
	 December 30, 2011
	  	$	37,000,000

 Section 9.03. Minimum Liquidity. The Credit Parties shall maintain Minimum Liquidity of not
less than (a) fifteen million Dollars ($15,000,000) on or before the first anniversary of the Closing Date and (b) ten million Dollars ($10,000,000) thereafter. 
 Section 9.04. Capital Expenditures. Such Credit Party will not, and will not permit any of its Subsidiaries to, make or agree to make any Capital Expenditure that would cause the aggregate amount of all such
Capital Expenditures made by any of the Credit Parties to exceed (a) twenty million Dollars ($20,000,000) in the Fiscal Year ending on or before June 29, 2007 and (b) fifteen million Dollars ($15,000,000) in any Fiscal Year
thereafter; provided, however, to the extent that actual Capital Expenditures for any Fiscal Year are less 

  

 - 63 - 

 
than the maximum amount set forth above for such Fiscal Year, (i) for the first Fiscal Year up to five million Dollars ($5,000,000) of such unused
amount may be carried forward and used only in the next Fiscal Year and (ii) up to three million Dollars ($3,000,000) of such unused amounts from subsequent Fiscal Years may be carried forward into the next succeeding Fiscal Year.
Notwithstanding the foregoing, the Credit Parties may make Capital Expenditures (which Capital Expenditures will not be included in any determination under this Section 9.04) with the Net Cash Proceeds of a Disposition, to the extent
such Net Cash Proceeds are not required to be applied to repay the Loans pursuant to Section 2.02(a). 
 ARTICLE X 
 EVENTS OF DEFAULT, RIGHTS AND REMEDIES 
 Section 10.01. Events of Default. Each of the following occurrences shall constitute an event of default (an “Event of Default”) under this Agreement. 
 (a) Failure to Make Payments When Due. Any Borrower shall fail to pay (i) any principal or reimbursement obligations when due or
(ii) any interest, fees, or any other monetary Obligation, and such failure shall continue for a period of three (3) Business Days after such amount was due (in each case, whether by scheduled maturity, required prepayment, acceleration,
demand or otherwise). 
 (b) Breach of Certain Covenants. Any Credit Party shall fail to perform or comply with any covenant or
agreement contained in Section 7.03, Section 7.04, Section 7.06, Section 7.07, Section 7.08, Section 7.09, Section 7.10, Section 7.12,
Section 7.15, Section 7.18, Section 7.19, Section 7.22, Article VIII, or Article IX under this Agreement. 
 (c) Breach of Representation or Warranty. Any representation, warranty or statement made in this Agreement or deemed made pursuant to a Notice of
Borrowing or Section 4.02 by or on behalf of any Credit Party or by any officer of the foregoing under any Loan Document or in any report, certificate, or other document delivered to any Agent or any Lender pursuant to any Loan Document
proves to be incorrect or misleading in any material respect when made or deemed made. 
 (d) Other Defaults (Thirty (30) Day
Cure). Any Credit Party shall fail to perform or comply with any other covenant or agreement and such failure continues for a period of thirty (30) days after learning of such failure or receiving written notice thereof from any Agent.

 (e) Default as to Other Indebtedness. Any Credit Party or any Subsidiary of a Credit Party shall fail to make any payment when due
(whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) with respect to any Indebtedness if the aggregate amount of such Indebtedness is in excess of one hundred thousand Dollars ($100,000) in the aggregate and such
failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Indebtedness; or any other breach, default or event of default shall occur, or any other condition shall exist under any
instrument, agreement or indenture pertaining to any such Indebtedness, if the effect thereof (with or without the giving of notice or lapse of time or both) is to permit or require an acceleration, mandatory redemption 

  

 - 64 - 

 
or other required repurchase of such Indebtedness or, as to such Indebtedness, permit the holder or holders of such Indebtedness to accelerate the maturity
of any such Indebtedness or require a redemption or other repurchase of such Indebtedness; or any Indebtedness if the aggregate amount of such Indebtedness is in excess of three million Dollars ($3,000,000) shall be declared due and payable (by
acceleration or otherwise) by a Person (other than a Credit Party or any Subsidiary of a Credit Party) as a result of a breach, Default or Event of Default by a Credit Party or any Subsidiary of a Credit Party, or required to be prepaid, redeemed or
otherwise repurchased by any Credit Party or any Subsidiary of a Credit Party (other than by a regularly scheduled required prepayment) prior to the stated maturity thereof; or the holder or holders of any Lien, securing obligations of three million
Dollars ($3,000,000) or more, shall commence foreclosure of such Lien upon property of any Credit Party or any Subsidiary of a Credit Party. 
 (f) Voluntary Bankruptcy Proceeding. Any Credit Party (i) shall institute any proceeding or voluntary case seeking to adjudicate it as bankrupt or insolvent, or seeking dissolution, liquidation, winding up, reorganization,
arrangement, adjustment, protection, relief or composition of it or its debts under any law relating to bankruptcy, insolvency, reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver,
trustee, receiver and manager, interim receiver, sequestration, administrator, monitor, custodian or other similar official for any such Credit Party or any Subsidiaries or for any substantial part of its property, (ii) shall consent to the
entry of an order for relief in an involuntary bankruptcy case or to the conversion of an involuntary case to a voluntary case under bankruptcy, insolvency or reorganization law, (iii) shall be generally not paying its debts as such debts
become due or shall admit in writing its inability to pay its debts generally, (iv) shall make a general assignment for the benefit of creditors or (v) shall take any action to authorize or effect any of the actions set forth above in this
Section 10.01(f). 
 (g) Involuntary Bankruptcy Proceeding. 
 (i) An involuntary case shall be commenced against any Credit Party or any Subsidiary of a Credit Party and the petition shall not be
dismissed, stayed, bonded or discharged within sixty (60) days; or a court having jurisdiction in the premises shall enter a decree or order for relief in respect of such Credit Party or Subsidiary of a Credit Party in an involuntary case,
under any applicable bankruptcy, insolvency or other similar law now or hereinafter in effect; or any other similar relief shall be granted under any applicable federal, state, provincial, local or foreign law; or the board of directors of such
Credit Party or Subsidiary of a Credit Party (or any committee thereof) adopts any resolution or otherwise authorizes any action to approve any of the foregoing. 
 (ii) A decree or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator,
trustee, receiver and manager, administrator, monitor, custodian or other officer having similar powers over any Credit Party or any Subsidiary of a Credit Party or over all or a substantial part of their respective assets shall be entered; or an
interim receiver, trustee or other custodian of any Credit Party or any Subsidiary of a Credit Party or of all or a substantial part of their respective assets shall be appointed or a warrant of attachment, execution or similar process against any
substantial part of their respective assets shall be issued and any such event shall not be stayed, dismissed, bonded or discharged; or the board of directors of 

  

 - 65 - 

 
any Credit Party or any Subsidiary of a Credit Party (or any committee thereof) adopts any resolution or otherwise authorizes any action to approve any of
the foregoing. 
 (h) Invalidity of Documents. A court of competent jurisdiction shall declare that any material provision of any Loan
Document shall at any time for any reason (other than pursuant to the express terms thereof) cease to be valid and binding on or enforceable against a Credit Party intended to be a party thereto; or the validity or enforceability thereof shall be
contested by any Credit Party that is a party thereto; or a proceeding shall be commenced by a Credit Party or any Governmental Authority having jurisdiction over any of them, seeking to establish the invalidity or unenforceability thereof; or a
Credit Party shall deny in writing that it has any liability or obligation purported to be created under any Loan Document. 
 (i) Loan
Documents; Impairment. At any time, for any reason, (i) any Loan Document shall for any reason (other than pursuant to the express terms hereof or thereof) fail or cease to create a valid and perfected Lien on any Collateral or the Liens
intended to be created or perfected thereby are, or any Credit Party seeks to render such Liens, invalid or unperfected with respect to any Collateral except as otherwise contemplated hereby or thereby, or (ii) Liens with respect to any
Collateral in favor of the Collateral Agent contemplated by the Loan Documents shall be invalidated or otherwise cease to be in full force and effect, or such Liens shall be subordinated or shall not have the priority contemplated hereby or by the
other Loan Documents (subject to Permitted Encumbrances and to the exceptions set forth in the applicable Security Documents). 
 (j)
Judgments. One or more judgments or judicial or administrative orders for the payment of money exceeding one million Dollars ($1,000,000) in the aggregate shall be rendered against a Credit Party or any Subsidiary of a Credit Party and remain
unsatisfied, undischarged, unvacated or unbonded and either (i) enforcement proceedings shall have been commenced by any creditor upon any such judgment or judicial or administrative order or (ii) there shall be a period of
twenty (20) consecutive Business Days after entry thereof during which a stay of enforcement of any such judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; provided, however, that any such
judgment or order shall not give rise to an Event of Default under this Section 10.01(j) if and to the extent that (A) the amount of such judgment or order is covered by a valid and binding policy of insurance between the defendant
and the insurer covering full payment thereof and (B) such insurer has been notified, and has not disputed the claim made for payment, of the amount of such judgment or order. 
 (k) Change of Control. A Change of Control shall have occurred. 
 (l) ERISA. With respect to any Plan or Benefit Plan, as applicable, (i) any accumulated funding deficiency (within the meaning of Section 412 of the Code and Section 302 of ERISA), whether or not
waived, shall exist with respect to any Benefit Plan, or (ii) the occurrence of any ERISA Event; provided, however, that the events listed in clauses (i) through (ii) above shall constitute Events of
Default only if the liability or deficiency of any Credit Party or any Subsidiary of a Credit Party or ERISA Affiliate, would reasonably be expected to exceed one million Dollars ($1,000,000) in the aggregate for all such events. 
  

 - 66 - 

 Section 10.02. Remedies. If any Event of Default specified in Section 10.01 shall have
occurred and be continuing, the Administrative Agent, upon the written request of Required Lenders, shall by written notice to the Borrower Representative, take any or all of the following actions, without prejudice to the rights of any Agent or any
Lender to enforce its claims against any Guarantor or the Borrowers: (a) terminate or reduce the Commitments, whereupon the Commitments shall immediately be terminated or reduced, (b) declare all or a portion of the Loans then outstanding
to be due and payable, whereupon all or such portion of the aggregate principal of such Loans and reimbursement obligations, all accrued and unpaid interest thereon, all fees and all other amounts payable under this Agreement and all other
Obligations (other than Hedging Obligations) shall become immediately due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers, (c) require the Borrowers to
cash collateralize all outstanding Letters of Credit in an amount equal to 105% of the face amount of such Letters of Credit (by transfer of such funds to a Cash Collateral Account) and (d) exercise any and all of its other rights and remedies
hereunder, under the other Loan Documents, under Applicable Law and otherwise; provided, however, that upon the occurrence of any Event of Default described in subsection (f) or (g) of Section 10.01,
the Commitments shall automatically terminate and the Loans and reimbursement obligations then outstanding, together with all accrued and unpaid interest thereon, all fees and all other amounts due under this Agreement shall become immediately due
and payable automatically, without presentment, demand, protest or notice of any kind, all of which are expressly waived by the Borrowers, and provided further, that the Collateral Agent shall pay and apply the proceeds of any sale or
other disposition of the Collateral, or any part thereof, resulting from the exercise of the remedies as provided for in this Section 10.02 in accordance with Section 1.10. 
 Section 10.03. Waivers by the Credit Parties. Except as otherwise provided for in this Agreement and Applicable Law, the Credit Parties waive
(a) presentment, demand, protest, notice of presentment or dishonor, notice of intent to accelerate and notice of acceleration, (b) all rights to notice and a hearing prior to the Lenders’ taking possession or control of, or to the
Lenders’ replevin, attachment or levy upon, any collateral securing the Obligations or any bond or Security which might be required by any court prior to allowing such Lenders to exercise any of their remedies, (c) the benefit of all
valuation, appraisal and exemption laws and (d) all rights of set-off against any Secured Creditor as it applies to the payment of the Obligations. The Credit Parties acknowledge that they have been advised by counsel of their choice with
respect to this Agreement, the other Loan Documents and the transactions evidenced by this Agreement and the other Loan Documents. 
 ARTICLE
XI 
 GUARANTY OF OBLIGATIONS OF BORROWER 
 Section 11.01. Guaranty. In order to induce the Agents and the Secured Creditors to enter into this Agreement and to make available the Loans and Letters of Credit hereunder, and in recognition of the direct benefits to be received
by each Guarantor from the proceeds of the Loans, Swap Related Reimbursement Obligations, Hedging Agreements and Letters of Credit, each Guarantor hereby agrees with the Administrative Agent, the Revolving Agent and the Collateral Agent, for the
benefit of the Secured Creditors, as follows: each Guarantor hereby jointly, severally, unconditionally and irrevocably guarantees, as primary 

  

 - 67 - 

 
obligor and not merely as surety, the full and prompt payment when due, whether upon maturity, acceleration or otherwise, and the performance, of any and all
of the Obligations of all other Credit Parties (such Obligations, collectively, the “Guaranteed Obligations”). If any or all of the Obligations becomes due and payable hereunder, each Guarantor irrevocably and unconditionally
promises to pay such Indebtedness to the Collateral Agent, for the benefit of the Secured Creditors. 
 Section 11.02. Nature of
Liability. The Guarantors agree that this Guaranty is a guaranty of payment and performance and not of collection, and that their obligations under this Guaranty shall be primary, absolute and unconditional, irrespective of, and the liability of
each Guarantor shall not be affected by, nor shall this Guaranty be discharged or reduced by reason of: 
 (a) the genuineness, validity,
regularity, enforceability or any future amendment of, or change in this Guaranty, any other Loan Document or any other agreement, document or instrument to which any Credit Party and/or Guarantors are or may become a party; 
 (b) the absence of any action to enforce this Guaranty or any other Loan Document or the waiver or consent by the Administrative Agent, the Revolving
Agent, the Collateral Agent and/or Secured Creditors with respect to any of the provisions thereof; 
 (c) any other continuing or other
guaranty, undertaking or maximum liability of a Guarantor or of any other party as to the Obligations, or any payment on or in reduction of any such other guaranty or undertaking; 
 (d) the incapacity or any change in the name, style or constitution of any Credit Party or any other person liable; 
 (e) any dissolution, termination, increase, decrease or change in personnel by the Borrowers; 
 (f) the Collateral Agent granting any time, indulgence or concession to, or compounding with, discharging, releasing or varying the liability of, any
Credit Party or any other person liable or renewing, determining, varying or increasing any accommodation, facility or transaction or otherwise dealing with the same in any manner whatsoever or concurring in, accepting or varying any compromise,
arrangement or settlement or omitting to claim or enforce payment from any Credit Party or any other person liable; 
 (g) the existence,
value or condition of, or failure to perfect its Lien against, any Collateral for the Guaranteed Obligations or any action, or the absence of any action, by the Administrative Agent, the Revolving Agent, or the Collateral Agent in respect thereof
(including, without limitation, the release of any such Collateral); 
 (h) the insolvency of any Credit Party, or any payment made to any
Agent or Secured Creditor on the Obligations which any such Agent or Secured Creditor repays to the Borrowers pursuant to a court order in any bankruptcy, reorganization, arrangement, moratorium or other debtor relief proceeding, and each Guarantor
waives any right to the deferral or modification of its obligations hereunder by reason of any such proceeding; 
  

 - 68 - 

 (i) any act or omission which would not have discharged or affected the liability of a Guarantor had it
been a principal debtor instead of a Guarantor or by anything done or omitted which but for this provision might operate to exonerate or discharge a Guarantor; or 
 (j) any other action or circumstances which might otherwise constitute a legal or equitable discharge or defense of a surety or Guarantor. 
 Section 11.03. Independent Obligation. 
 (a) The obligations of each Guarantor hereunder are
independent of the obligations of any other Guarantor, any other party or the Borrowers, and a separate action or actions may be brought and prosecuted against each Guarantor whether or not action is brought against any other Guarantor, any other
party or the Borrowers and whether or not any other Guarantor, any other party or the Borrowers be joined in any such action or actions. 
 (b) Each Guarantor shall be regarded, and shall be in the same position, as principal debtor with respect to the Guaranteed Obligations. Each Guarantor agrees that any notice or directive given at any time to the Administrative Agent and
the Revolving Agent that is inconsistent with the preceding paragraph shall be null and void and may be ignored by the Administrative Agent, the Revolving Agent and the Secured Creditors, and, in addition, may not be pleaded or introduced as
evidence in any litigation relating to this Guaranty for the reason that such pleading or introduction would be at variance with the written terms of this Guaranty, unless the Agents and the Secured Creditors have specifically agreed otherwise in
writing. It is agreed among each Guarantor, the Administrative Agent, the Revolving Agent and the Secured Creditors that the foregoing waivers are of the essence of the transaction contemplated by the Loan Documents and that, but for this Guaranty
and such waivers, the Agents and the Secured Creditors would decline to enter into this Agreement. 
 Section 11.04. Demand by the
Administrative Agent, the Revolving Agent or the Secured Creditors. In addition to the terms of the Guaranty set forth in Section 11.01, and in no manner imposing any limitation on such terms, it is expressly understood and agreed
that, if, at any time, the outstanding principal amount of the Guaranteed Obligations under this Agreement (including all accrued interest thereon) is declared to be immediately due and payable, then the Guarantors shall, without demand, pay to the
holders of the Guaranteed Obligations the entire outstanding Guaranteed Obligations due and owing to such holders. Payment by the Guarantors shall be made to the Administrative Agent or the Revolving Agent in immediately available funds to an
account designated by the Administrative Agent or the Revolving Agent, as the case may be, or at the address set forth herein for the giving of notice to the Administrative Agent or the Revolving Agent or at any other address that may be specified
in writing from time to time by the Administrative Agent or the Revolving Agent, and shall be credited and applied to the Guaranteed Obligations. 
 Section 11.05. Enforcement of Guaranty. In no event shall the Administrative Agent or the Revolving Agent have any obligation (although it is entitled, at its option) to proceed against the Borrowers or any other Credit Party or any
Collateral pledged to secure Guaranteed Obligations before seeking satisfaction from any or all of the Guarantors, and the Administrative Agent or the Revolving Agent may proceed, prior or subsequent to, or 

  

 - 69 - 

 
simultaneously with, the enforcement of the Administrative Agent’s or the Revolving Agent’s rights hereunder, to exercise any right or remedy it
may have against any Collateral, as a result of any Lien it may have as security for all or any portion of the Guaranteed Obligations. 
 Section 11.06. Waiver. In addition to the waivers contained in Section 11.02, the Guarantors waive, and agree that they shall not at any time insist upon, plead or in any manner claim or take the benefit or advantage of,
any appraisal, valuation, stay, extension, marshaling of assets or redemption law, or exemption, whether now or at any time hereafter in force, which may delay, prevent or otherwise affect the performance by the Guarantors of their Guaranteed
Obligations under, or the enforcement by the Collateral Agent, the Administrative Agent, the Revolving Agent or the Secured Creditors of, the Guaranty. The Guarantors hereby waive diligence, presentment and demand (whether for non-payment or protest
or of acceptance, maturity, extension of time, change in nature or form of the Guaranteed Obligations, acceptance of further Collateral, release of further Collateral, composition or agreement arrived at as to the amount of, or the terms of, the
Guaranteed Obligations, notice of adverse change in the Borrower’s financial condition or any other fact which might increase the risk to the Guarantors) with respect to any of the Guaranteed Obligations or all other demands whatsoever and
waive the benefit of all provisions of law which are or might be in conflict with the terms of the Guaranty. The Guarantors represent, warrant and jointly and severally agree that, as of the date of this Agreement, their obligations under the
Guaranty are not subject to any offsets or defenses against the Administrative Agent, the Revolving Agent or the Secured Creditors or any Credit Party of any kind. The Guarantors further jointly and severally agree that their obligations under this
Guaranty shall not be subject to any counterclaims, offsets or defenses against the Collateral Agent, the Revolving Agent, the Administrative Agent or any Secured Creditor or against any Credit Party of any kind which may arise in the future.

 Section 11.07. Benefit of Guaranty. The provisions of the Guaranty are for the benefit of the Agents and the Secured Creditors and
their respective permitted successors, permitted transferees, endorsees and assigns, and nothing herein contained shall impair, as between any Credit Party and the Agents or the Secured Creditors, the obligations of any Credit Party under the Loan
Documents. In the event all or any part of the Guaranteed Obligations are transferred, endorsed or assigned by the Agents or any Secured Creditor to any Person or Persons in a manner permitted by this Agreement, any reference to “the
Agents” or “the Secured Creditor” herein shall be deemed to refer equally to such Person or Persons. 
 Section 11.08.
Modification of Guaranteed Obligations, Etc. Each Guarantor hereby acknowledges and agrees that the Agents and the Secured Creditors may at any time or from time to time, with or without the consent of, or notice to, the Guarantors (in their
capacity as Guarantors): 
 (a) change or extend the manner, place or terms of payment of, or renew or alter all or any portion of, the
Guaranteed Obligations; 
 (b) take any action under or in respect of the Loan Documents in the exercise of any remedy, power or privilege
contained therein or available to it at law, equity or otherwise, or waive or refrain from exercising any such remedies, powers or privileges; 
  

 - 70 - 

 (c) amend or modify, in any manner whatsoever, the Loan Documents; 
 (d) extend or waive the time for any Credit Party’s performance of, or compliance with, any term, covenant or agreement on its part to be performed
or observed under the Loan Documents, or waive such performance or compliance or consent to a failure of, or departure from, such performance or compliance; 
 (e) take and hold Collateral for the payment of the Guaranteed Obligations guaranteed hereby or sell, exchange, release, dispose of, or otherwise deal with, any property pledged, mortgaged or conveyed, or in which the
Agents or the Secured Creditors have been granted a Lien, to secure any Obligations; 
 (f) release anyone who may be liable in any manner
for the payment of any amounts owed by the Guarantors or any Credit Party to the Agents or any Secured Creditor; 
 (g) modify or terminate
the terms of any intercreditor or subordination agreement pursuant to which claims of other creditors of any Guarantor or any Credit Party are subordinated to the claims of the Agents and the Secured Creditors; 
 (h) apply any sums by whomever paid or however realized to any amounts owing by any Guarantor or any Credit Party to the Agents or any Secured Creditor
in such manner as the Agents or any Secured Creditor shall determine in its discretion; and/or 
 (i) the Agents and the Secured Creditors
shall not incur any liability to the Guarantors as a result thereof, and no such action shall impair or release the Guaranteed Obligations of the Guarantors or any of them under the Guaranty. 
 Section 11.09. Reinstatement. 
 (a)
The Guaranty shall remain in full force and effect and continue to be effective should any petition be filed by or against any Credit Party or any Guarantor for liquidation or reorganization, should any Credit Party or any Guarantor become insolvent
or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of such Credit Party’s or such Guarantor’s assets, and shall continue to be effective or be reinstated, as the
case may be, if at any time payment and performance of the Guaranteed Obligations, or any part thereof, is, pursuant to Applicable Law, rescinded or reduced in amount, or must otherwise be restored or returned by the Administrative Agent or any
Secured Creditor, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment or performance had not been made. In the event that any payment, or any part thereof, is rescinded, reduced,
restored or returned, the Guaranteed Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 
 (b) If any claim is ever made upon any Agent or Secured Creditor for repayment or recovery of any amount or amounts received in payment or on account of any of the Obligations and any of the aforesaid payees repays
all or part of said amount by reason of (i) any judgment, decree or order of any court or administrative body having jurisdiction over such payee or any of its property or (ii) compliance by the Secured Creditors or the Agents with 

  

 - 71 - 

 
any requirement of a Governmental Authority having jurisdiction over the Secured Creditors or the Agents, then and in such event each Guarantor agrees that
any such judgment, decree or order shall be binding upon it, notwithstanding any revocation of the Guaranty or other instrument evidencing any liability of the Borrowers or any termination of this Agreement, and each Guarantor shall be and remain
liable to the aforesaid payees hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by any such payee. In the event that any payment, or any part thereof, is rescinded, reduced,
restored or returned, the Guaranteed Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 
 Section 11.10. Waiver of Subrogation, Etc. Notwithstanding anything to the contrary in the Guaranty or in any other Loan Document, each Guarantor hereby: 
 (a) until the indefeasible payment and satisfaction in full in cash of the Guaranteed Obligations, expressly waives, on behalf of itself and its
successors and assigns (including any surety), any and all rights at law or in equity to subrogation, to reimbursement, to exoneration, to contribution, to indemnification, to set off or to any other rights that could accrue to a surety against a
principal, to a Guarantor against a principal, to a Guarantor against a maker or obligor, to an accommodation party against the party accommodated, to a holder or transferee against a maker, or to the holder of any claim against any Person, and
which such Guarantor may have or hereafter acquire against any Credit Party in connection with or as a result of such Guarantor’s execution, delivery and/or performance of this Agreement, or any other documents to which such Guarantor is a
party or otherwise; and 
 (b) acknowledges and agrees (i) that this waiver is intended to benefit the Agents and the Secured Creditors
and shall not limit or otherwise effect any Guarantor’s liability hereunder or the enforceability of the Guaranty and (ii) that the Agents, the Secured Creditors and their respective successors and assigns are intended third-party
beneficiaries of the waivers and agreements set forth in this Section 11.10 and their rights under this Section 11.10 shall survive payment in full of the Guaranteed Obligations. 
 Section 11.11. Election of Remedies. If any Agent may, under Applicable Law, proceed to realize benefits under any of the Loan Documents giving
the Agents and the Secured Creditors a Lien upon any Collateral owned by any Credit Party, either by judicial foreclosure or by non-judicial sale or enforcement, the Collateral Agent may, at its sole option, determine which of such remedies or
rights it may pursue without affecting any of such rights and remedies under this Guaranty. If, in the exercise of any of its rights and remedies, the Collateral Agent shall forfeit any of its rights or remedies, including its right to enter a
deficiency judgment against any Credit Party, whether because of any applicable laws pertaining to “election of remedies” or the like, the Guarantors hereby consent to such action by any Agent and waive any claim based upon such action,
even if such action by any Agent shall result in a full or partial loss of any rights of subrogation which the Guarantors might otherwise have had but for such action by any Agent. Any election of remedies that results in the denial or impairment of
the right of any Agent to seek a deficiency judgment against any Credit Party shall not impair each Guarantor’s obligation to pay the full amount of the Guaranteed Obligations. In the event any Agent shall bid at any foreclosure or
trustee’s sale or at any private sale permitted by law or the Loan Documents, such Agent may bid all or less than the amount of the 

  

 - 72 - 

 
Guaranteed Obligations and the amount of such bid need not be paid by such Agent but shall be credited against the Guaranteed Obligations. The amount of the
successful bid at any such sale shall be conclusively deemed to be the fair market value of the Collateral and the difference between such bid amount and the remaining balance of the Guaranteed Obligations shall be conclusively deemed to be the
amount of the Guaranteed Obligations guaranteed under the Guaranty, notwithstanding that any present or future law or court decision or ruling may have the effect of reducing the amount of any deficiency claim to which the Administrative Agent and
the Secured Creditors might otherwise be entitled but for such bidding at any such sale. 
 Section 11.12. Further Assurances. Each
Guarantor agrees, upon the written request of the Administrative Agent or the Revolving Agent, to execute and deliver to the Administrative Agent or the Revolving Agent, from time to time, any additional instruments or documents reasonably
considered necessary by the Administrative Agent or the Revolving Agent to cause the Guaranty to be, become or remain valid and effective in accordance with its terms. 
 Section 11.13. Limitation on Amount Guarantied; Contribution by Guarantors. Anything contained in this Article XI to the contrary notwithstanding, if any Fraudulent Transfer Law (as defined below)
is determined by a court of competent jurisdiction to be applicable to the obligations of any Guarantor under this Agreement, such obligations of such Guarantor hereunder shall be limited to a maximum aggregate amount equal to the largest amount
that would not render its obligations hereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of the Bankruptcy Code or any applicable provisions of comparable state law (collectively, the “Fraudulent
Transfer Laws”), in each case after giving effect to all other liabilities of such Guarantor, contingent or otherwise, that are relevant under the Fraudulent Transfer Laws (excluding, however, any liabilities of such Guarantor (a) in
respect of intercompany indebtedness to the Borrowers or other affiliates of the Borrowers to the extent that such indebtedness would be discharged in an amount equal to the amount paid by such Guarantor hereunder and (b) under any guarantee of
any subordinated indebtedness which guarantee contains a limitation as to maximum amount similar to that set forth in this Section 11.13, pursuant to which the liability of such Guarantor hereunder is included in the liabilities taken
into account in determining such maximum amount). 
 Section 11.14. Additional Waivers. Each Guarantor waives all rights and defenses
that the Guarantor may have because any Borrower’s Obligations are secured by real property. This means, among other things: 
 (i) The Secured Creditors may collect from the Guarantor without first foreclosing on any real or personal property collateral pledged by the Borrowers. 
 (ii) If the Secured Creditors foreclose on any real property collateral pledged by the Borrowers, (1) the amount of the Obligations
may be reduced only by the price for which that collateral is sold at the foreclosure sale, even if the collateral is worth more than the sale price or (2) the creditor may collect from the Guarantor even if the Secured Creditors, by
foreclosing on the real property collateral, has destroyed any right the Guarantor may have to collect from the Borrowers. 
  

 - 73 - 

 This is an unconditional and irrevocable waiver of any rights and defenses the Guarantor may have because the
debtor’s debt is secured by real property. These rights and defenses include, but are not limited to, any rights or defenses based upon Section 580a, 580b, 580d, or 726 of the California Code of Civil Procedure or similar provisions in any
other jurisdiction. 
 ARTICLE XII 
 THE AGENTS 
 Section 12.01. Appointment of Agents. 
 (a) Each Lender hereby irrevocably designates and appoints MORGAN STANLEY SENIOR FUNDING, INC. as Administrative Agent under this Agreement and the other
Loan Documents and GENERAL ELECTRIC CAPITAL CORPORATION as Revolving Agent and Collateral Agent under this Agreement and the other Loan Documents. The provisions of this Section 12.01 are solely for the benefit of the Agents and Lenders
and no Credit Party nor any other Person, other than permitted sub-agents, shall have any rights as a third party beneficiary of any of the provisions hereof. In performing its functions and duties under this Agreement and the other Loan Documents,
each Agent shall act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any Credit Party or any other Person. No Agent shall have duties or
responsibilities except for those expressly set forth in this Agreement and the other Loan Documents. Unless otherwise provided, each Agent may execute its functions and duties under this Agreement and the other Loan Documents by or through agents,
employees or attorneys-in-fact and shall be entitled to the advice of counsel concerning all matters pertaining to such functions and duties. No Agent shall be responsible for the negligence or misconduct of any agent or attorney-in-fact that it
selects as long as such selection was made without gross negligence or willful misconduct. The duties of each Agent shall be mechanical and administrative in nature and no Agent shall have, or be deemed to have, by reason of this Agreement, any
other Loan Document or otherwise, a fiduciary relationship in respect of any Lender. Except as expressly set forth in this Agreement and the other Loan Documents, no Agent shall have any duty to disclose, and shall not be liable for failure to
disclose, any information relating to any Credit Party or any of such Credit Party’s Subsidiaries or any Account Debtor that is communicated to or obtained any Agent or any of its Affiliates in any capacity. No Agent nor any Agent’s
Affiliates nor any Agent’s respective officers, directors, employees, agents or representatives shall be liable to any Lender for any action taken or omitted to be taken by it hereunder or under any other Loan Document, or in connection
herewith or therewith, except for damages caused by its own gross negligence or willful misconduct. 
 If the Administrative Agent, Revolving
Agent or the Collateral Agent shall request instructions from the Required Lenders, Required Revolving Lenders or Required Term Lenders or all affected Lenders with respect to any act or action (including a failure to act) in connection with this
Agreement or any other Loan Document, then the Administrative Agent, Revolving Agent or Collateral Agent, as the case may be, shall be entitled to refrain from such act or taking such action unless and until such Agent shall have received
instructions from the Required Lenders, Required Revolving Lenders, Required Term Lenders or all affected Lenders, as the case may be, and neither the Administrative Agent, Revolving Agent nor Collateral Agent shall incur liability to any Person by
reason of so refraining. Each Agent shall be fully justified 

  

 - 74 - 

 
in failing or refusing to take any action hereunder or under any other Loan Document (a) if such action would, in the opinion of such Agent, be contrary
to law or the terms of this Agreement or any other Loan Document, (b) if such action would, in the opinion of such Agent, expose such Agent to Environmental Liabilities and Costs or (c) if such Agent shall not first be indemnified to its
satisfaction against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent as a
result of such Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of Required Lenders, Required Revolving Lenders, Required Term Lenders or all affected Lenders, as applicable.

 Section 12.02. Agents’ Reliance, Etc. No Agent nor any of the Agent’s Affiliates nor any of the Agent’s respective
directors, officers, agents or employees shall be liable for any action taken or omitted to be taken by it or them under or in connection with this Agreement or the other Loan Documents, except for damages caused by its or their own gross negligence
or willful misconduct. Without limiting the generality of the foregoing, each Agent: (a) may treat the payee of any Note as the holder thereof until the Administrative Agent or Revolving Agent, as the case may be receives written notice of the
assignment or transfer thereof signed by such payee and in form and substance reasonably satisfactory to such Agent; (b) may consult with legal counsel, independent public accountants and other experts selected by it and shall not be liable for
any action taken or omitted to be taken by it in good faith in accordance with the advice of such counsel, accountants or experts; (c) makes no warranty or representation to any Lender and shall not be responsible to any Lender for any
statements, warranties or representations made in or in connection with this Agreement or the other Loan Documents; (d) shall not have any duty to ascertain or to inquire as to the performance or observance of any of the terms, covenants or
conditions of this Agreement or the other Loan Documents on the part of any Credit Party or to inspect the Collateral (including the books and records) of any Credit Party, unless otherwise provided in this Agreement; (e) shall not be
responsible to any Lender for the due execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or the other Loan Documents or any other instrument or document furnished pursuant hereto or thereto; and
(f) shall incur no liability under or in respect of this Agreement or the other Loan Documents by acting upon any notice, consent, certificate or other instrument or writing (which may be by telecopy, telegram, cable or telex) believed by it to
be genuine and signed or sent by the proper party or parties. 
 Section 12.03. Agents in Individual Capacities. With respect to its
Commitments hereunder, each Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise the same as though it were not an Agent; and the term “Lender” or
“Lenders” shall, unless otherwise expressly indicated, include each of the Agents in its individual capacity. Each Agent and its respective Affiliates may lend money to, invest in, and generally engage in any kind of business with, any
Credit Party, any Credit Party’s Affiliate and any Person that may do business with or own securities of any Credit Party or any such Affiliate, all as if such Agent were not an Agent and without any duty to account therefor to Lenders. Each
Agent and its respective Affiliates may accept fees and other consideration from any Credit Party for services in connection with this Agreement or otherwise without having to account for the same to Lenders. Each Lender acknowledges the potential
conflict of interest between the Agents in their capacity as Lenders 

  

 - 75 - 

 
holding disproportionate interests in the Loans and Agents in their capacity as Agents and expressly consents to, and waives any claim based upon, such
conflict of interest. 
 Section 12.04. Lender Credit Decision. Each Lender acknowledges that none of the Agent-Related Persons has
made any representation or warranty to it, and that no act by any Agent hereinafter taken, including any review of the affairs or Property of the Credit Parties, shall be deemed to constitute any representation or warranty by any Agent-Related
Person to any Lender. Each Lender also acknowledges that it has, independently and without reliance upon any Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit and financial
analysis of the Credit Parties and its own decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon any Agent or any other Lender and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement. Except for notices, reports and other documents expressly herein required to be furnished to the Lenders by such
Agent, no Agent shall have any duty or responsibility to provide any lender with any credit or other information concerning the business, prospectus, operations, Property, financial and other condition or creditworthiness of the Borrowers and any
other Person party to a Loan Document that may come into the possession of any of the Agent-Related Parties. Each Lender acknowledges the potential conflict of interest of each other Lender as a result of Lenders holding disproportionate interests
in the Loans, and expressly consents to, and waives any claim based upon, such conflict of interest. 
 Section 12.05. Costs and Expenses;
Indemnification. Each Lender hereby agrees that it is and shall be obligated to pay to or reimburse each Agent for the amount of such Lender’s Pro Rata Share of any fees, costs, and expenses incurred by such Agent or permitted sub-agent in
the performance of its functions and duties under this Agreement and the Loan Documents to the extent that the Credit Parties have not done so and without limiting their obligation to do so. The Lenders agree to indemnify the Agents and permitted
sub-agents (to the extent not reimbursed by Credit Parties and without limiting the obligations of Credit Parties hereunder), ratably according to their respective Pro Rata Shares, from and against any and all liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against any Agent or permitted sub-agent in any way relating to or arising out of this
Agreement or any other Loan Document or any action taken or omitted to be taken by any Agent or permitted sub-agent in connection therewith; provided that no Lender shall be liable for any portion of such liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from such Agent’s or permitted sub-agent’s gross negligence or willful misconduct. Without limiting the foregoing, each Lender agrees to reimburse
such Agent or permitted sub-agent promptly upon demand for its ratable share of any out-of-pocket expenses (including reasonable counsel fees) incurred by such Agent or permitted sub-agent in connection with the preparation, execution, delivery,
administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement and each other Loan Document, to the extent that
such Agent or permitted sub-agent is not reimbursed for such expenses by Credit Parties. 
  

 - 76 - 

 Section 12.06. Successor Agents. 
 (a) The Administrative Agent may resign at any time by giving not less than thirty (30) days’ prior written notice thereof to the other Agents,
the Participating Lenders and Borrower Representative. Upon any such resignation, (i) the Revolving Agent may, by giving not less than ten (10) days’ prior written notice to the Lenders, assume the role of Administrative
Agent or (ii) if the Revolving Agent elects not to assume the role of Administrative Agent, then the Required Term Lenders shall have the right to appoint a successor Administrative Agent with the consent of the Borrower Representative (not to
be unreasonably withheld or delayed); provided that such consent shall not be required if a Default or Event of Default shall have occurred and be continuing. If no successor Administrative Agent shall have been so appointed by the Required
Term Lenders and shall have accepted such appointment within thirty (30) days following the resigning Administrative Agent’s giving notice of resignation, then the resigning Administrative Agent may, on behalf of Lenders, appoint a
successor Administrative Agent, which shall be a Lender, if a Lender is willing to accept such appointment, or otherwise shall be a commercial bank or financial institution or a subsidiary of a commercial bank or financial institution if such
commercial bank or financial institution is organized under the laws of the United States of America or of any State thereof and has a combined capital and surplus of at least three hundred million Dollars ($300,000,000). If no successor
Administrative Agent has been appointed pursuant to the foregoing, within thirty (30) days following the date such notice of resignation was given by the resigning Administrative Agent, such resignation shall become effective and the Required
Term Lenders shall thereafter perform all the duties of such Administrative Agent hereunder until such time, if any, as the Required Term Lenders appoint a successor Administrative Agent as provided above. Upon the acceptance of any appointment as
Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall succeed to and become vested with all the rights, powers, privileges and duties of the resigning Administrative Agent. Upon the earlier of
the acceptance of any appointment as such Administrative Agent hereunder by a successor Administrative Agent or the effective date of the resigning Agent’s resignation, the resigning Agent shall be discharged from its duties and obligations
under this Agreement and the other Loan Documents, except that any indemnity rights or other rights in favor of such resigning Administrative Agent shall continue. After any resigning Administrative Agent’s resignation hereunder, the provisions
of this Article XII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was acting as Administrative Agent under this Agreement and the other Loan Documents. 
 (b) The Collateral Agent may resign at any time by giving not less than thirty (30) days’ prior written notice thereof to the other Agents, the
Lenders and the Borrower Representative. Upon any such resignation, the Required Lenders shall have the right to appoint a successor Collateral Agent with the consent of the Borrower Representative (not to be unreasonably withheld or delayed);
provided that such consent shall not be required if a Default or Event of Default shall have occurred and be continuing. If no successor Collateral Agent shall have been so appointed by the Required Lenders and shall have accepted such
appointment within thirty (30) days after the resigning Collateral Agent’s giving notice of resignation, then the resigning Collateral Agent may, on behalf of Lenders, appoint a successor Collateral Agent, which shall be a Lender, if a
Lender is willing to accept such appointment, or otherwise shall be a commercial bank or financial institution or a subsidiary of a commercial bank or financial 

  

 - 77 - 

 
institution if such commercial bank or financial institution is organized under the laws of the United States of America or of any State thereof and has a
combined capital and surplus of at least three hundred million Dollars ($300,000,000). If no successor Collateral Agent has been appointed pursuant to the foregoing, within thirty (30) days following the date such notice of resignation was
given by the resigning Collateral Agent, such resignation shall become effective and the Required Lenders shall thereafter perform all the duties of such Collateral Agent hereunder until such time, if any, as the Required Lenders appoint a successor
Collateral Agent as provided above. Upon the acceptance of any appointment as Collateral Agent hereunder by a successor Collateral Agent, such successor Collateral Agent shall succeed to and become vested with all the rights, powers, privileges and
duties of the resigning Collateral Agent. Upon the earlier of the acceptance of any appointment as such Collateral Agent hereunder by a successor Collateral Agent or the effective date of the resigning Collateral Agent’s resignation, the
resigning Collateral Agent shall be discharged from its duties and obligations under this Agreement and the other Loan Documents, except that any indemnity rights or other rights in favor of such resigning Collateral Agent shall continue. After any
resigning Collateral Agent’s resignation hereunder, the provisions of this Article XII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was acting as Collateral Agent under this Agreement and
the other Loan Documents. 
 (c) The Revolving Agent may resign at any time by giving not less than thirty (30) days’ prior written
notice thereof to the other Agents, the L/C Issuer, the Lenders and the Borrower Representative. Upon any such resignation, the Required Revolving Lenders shall have the right to appoint a successor Revolving Agent with the consent of the Borrower
Representative (not to be unreasonably withheld or delayed); provided that such consent shall not be required if a Default or Event of Default shall have occurred and be continuing. If no successor Revolving Agent shall have been so appointed
by the Required Revolving Lenders and shall have accepted such appointment within thirty (30) days after the resigning Revolving Agent’s giving notice of resignation, then the resigning Revolving Agent may, on behalf of Lenders, appoint a
successor Revolving Agent, which shall be a Lender, if a Lender is willing to accept such appointment, or otherwise shall be a commercial bank or financial institution or a subsidiary of a commercial bank or financial institution if such commercial
bank or financial institution is organized under the laws of the United States of America or of any State thereof and has a combined capital and surplus of at least three hundred million Dollars ($300,000,000). If no successor Revolving Agent has
been appointed pursuant to the foregoing, within thirty (30) days after the date such notice of resignation was given by the resigning Revolving Agent, such resignation shall become effective and the Required Revolving Lenders shall thereafter
perform all the duties of such Revolving Agent hereunder until such time, if any, as the Required Revolving Lenders appoint a successor Revolving Agent as provided above. Upon the acceptance of any appointment as Revolving Agent hereunder by a
successor Revolving Agent, such successor Revolving Agent shall succeed to and become vested with all the rights, powers, privileges and duties of the resigning Revolving Agent. Upon the earlier of the acceptance of any appointment as such Revolving
Agent hereunder by a successor Revolving Agent or the effective date of the resigning Revolving Agent’s resignation, the resigning Revolving Agent shall be discharged from its duties and obligations under this Agreement and the other Loan
Documents, except that any indemnity rights or other rights in favor of such resigning Revolving Agent shall continue. After any resigning Revolving Agent’s resignation hereunder, the provisions of this Article XII shall inure to
its benefit as to any actions taken or omitted to be 

  

 - 78 - 

 
taken by it while it was acting as Revolving Agent under this Agreement and the other Loan Documents. 
 (d) Collateral Sub-Agents. Each Lender by its execution and delivery of this Agreement (or any joinder hereto or any Assignment and Acceptance
hereunder) agrees that, in the event it shall hold any monies or other investments on account of the Credit Parties, such monies or other investments shall be held in the name and under the control of the Administrative Agent, Revolving Agent or
such Lender, and the Administrative Agent, Revolving Agent or such Lender shall hold such monies or other investments as a collateral sub-agent for the Collateral Agent under this Agreement and the other Loan Documents. The Credit Parties, by their
execution and delivery of this Agreement, hereby consent to the foregoing. 
 Section 12.07. Collateral Matters. 
 (a) The Participating Lenders hereby irrevocably authorize the Collateral Agent and any permitted sub-agent, at its option and in its sole discretion, to
release any Lien on any Collateral (i) upon the termination of the Commitments and payment and satisfaction in full of all Obligations; (ii) constituting property being sold or disposed of if a release is required or desirable in
connection therewith and if the Borrower Representative certifies in writing to the Collateral Agent that the sale or disposition is permitted under this Agreement or the other Loan Documents (and the Collateral Agent may rely conclusively on any
such certificate, without further inquiry); (iii) constituting Property in which the Credit Parties owned no interest at the time the security interest was granted or at any time thereafter; (iv) constituting property leased to the Credit
Parties under a lease that has expired or is terminated in a transaction permitted under this Agreement; or (v) constituting Equipment which, in the aggregate with all other dispositions of Equipment covered by this clause (v), has
a fair market value or book value, whichever is less, of three million Dollars ($3,000,000) or less over the life of the loan. Upon request by the Collateral Agent or the Borrower Representative at any time, the Administrative Agent, the Revolving
Agent and the Lenders will confirm in writing the Collateral Agent’s authority to release any such Liens on particular types or items of Collateral pursuant to this Section 12.07; provided, however, that (A) the
Collateral Agent shall not be required to execute any document necessary to evidence such release on terms that, in the Collateral Agent’s opinion, would expose the Collateral Agent to liability or create any obligation or entail any
consequence other than the release of such Lien without recourse, representation, or warranty and (B) such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those expressly being released)
upon (or obligations of the Credit Parties in respect of) all interests retained by the Credit Parties, including, the proceeds of any sale, all of which shall continue to constitute part of the Collateral. 
 (b) The Collateral Agent shall have no obligation whatsoever to any other Participating Lenders to assure that the Collateral exists or is owned by the
applicable Borrower or is cared for, protected, or insured or has been encumbered, or that the Lenders’ Liens have been properly or sufficiently or lawfully created, perfected, protected, or enforced or are entitled to any particular priority,
or to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of the rights, authorities and powers granted or available to the Collateral Agent pursuant to any of the Loan
Documents, it being understood and agreed that in respect of the Collateral, or any act, omission or event related 

  

 - 79 - 

 
thereto, subject to the terms and conditions contained herein, the Collateral Agent may act in any manner it may deem appropriate, in its sole discretion
given the Collateral Agent’s own interest in the Collateral in its capacity as one of the Lenders and that the Collateral Agent shall have no other duty or liability whatsoever to any other Lender as to any of the foregoing, except as otherwise
provided herein. 
 Section 12.08. Collateral Restrictions on Actions by the Agents and the Participating Lenders; Sharing Payments.
Subject to Section 12.03, if, at any time or times any Lender shall receive (a) by payment, foreclosure, set-off or otherwise, any proceeds of Collateral or any payments with respect to the Obligations arising under, or relating to,
this Agreement or the other Loan Documents, except for any such proceeds or payments received by such Participating Lender from the Administrative Agent or the Revolving Agent pursuant to the terms of this Agreement or (b) payments from the
Administrative Agent or the Revolving Agent in excess of such Participating Lender’s ratable portion of all such distributions by the Administrative Agent or the Revolving Agent, such Participating Lender promptly shall turn the same over to
the Administrative Agent or the Revolving Agent, in kind, and with such endorsements as may be required to negotiate the same to the Administrative Agent or the Revolving Agent, or in same-day funds, as applicable, for the account of the
Participating Lenders and for apportionment and application to the Obligations in accordance with Section 2.02(d). 
 Section
12.09. Several Obligations; No Liability. Notwithstanding that certain of the Loan Documents now or hereafter may have been or will be executed only by or in favor of an Agent in its capacity as such, and not by or in favor of the
Participating Lenders, any and all obligations on the part of the Administrative Agent or the Revolving Agent, if any, to make any credit available hereunder shall constitute the several (and not joint) obligations of the respective Participating
Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time outstanding, the amount of their respective Commitments. Nothing contained herein shall
confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of any other Lenders. Each Lender shall be solely responsible for notifying its Participants
of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any Participant of any other Lender. Except as provided in Section 12.05, no
Agent nor any Lender shall have any liability for the acts of any other Agent or any other Lender. No Lender shall be responsible to the Credit Parties or any other Person for any failure by any other Lender to fulfill its obligations to make credit
available hereunder, nor to advance for it or on its behalf in connection with its Commitment, nor to take any other action on its behalf hereunder or in connection with the financing contemplated herein. 
  

 - 80 - 

 ARTICLE XIII 
 MISCELLANEOUS 
 Section 13.01. Notices, Etc. All notices and other communications provided for
hereunder shall be in writing and shall be mailed, telecopied, emailed or delivered: 
 if to the Credit Parties prior to
November 1, 2006, the Borrower Representative at the following address: 
 Silicon Graphics, Inc. 
 1200 Crittenden Lane 
 Mountain View, CA
94043-1351 
 Attn: Chief Financial Officer (with a copy to the Treasurer and General Counsel) 
 Phone: 650-960-1980 
 if to the Credit
Parties on or after November 1, 2006, the Borrower Representative at the following address: 
 Silicon Graphics, Inc.

 1140 East Arques Avenue 
 Sunnyvale, CA 94085 
 Attn: Chief Financial Officer (with a copy to the Treasurer and General Counsel) 
 Phone: 650-960-1980 
 with a copy to:

 Weil Gotshal & Manges LLP 
 767 Fifth Avenue 
 New York, NY 10153 
 Attn: Warren T. Buhle, Esq. 
 Phone: 212-310-8898 
 Fax: 212-310-8007 
 if to the
Administrative Agent, at the following address: 
 Morgan Stanley Senior Funding, Inc. 
 1585 Broadway 
 New York, NY 10036 

Attn: Gavin Baiera 
 Phone: 212-761-1595

 Fax: 212-507-2086 
  

 - 81 - 

 Morgan Stanley Senior Funding, Inc. 
 1585 Broadway 
 New York, NY 10036 

Attn: Robert A. Louzan 
 Phone:
212-761-1576 
 Fax: 212-290-2655 
 with a copy to: 
 Sullivan & Cromwell LLP 
 1888 Century Park East 
 Los Angeles, CA 90067

 Attn: Hydee R. Feldstein 
 Phone: 310-712-6600 
 Fax: 310-712-8800 
 if to the Collateral Agent, at the following address: 
 General Electric Capital Corporation

 c/o GE Corporate Financial Services 
 100 California Street, 10th Floor 
 San Francisco, CA 94111 
 Attention: Account
Manager 
 Phone: 415-277-7437 
 Fax: 513-794-8596 
 with a copy to: 
 Bingham McCutchen LLP 
 Three Embarcadero Center 
 San Francisco, CA 94111 
 Attn: George A.
Hisert 
 Phone: (415) 393-2577 
 Fax: (415) 393-2286 
 or, as to each party, at such other address as shall be designated by such party in a written notice to the other party
complying as to delivery with the terms of this Section 13.01. All such notices and other communications shall be effective, (a) if mailed, when received or five (5) Business Days after deposited in the mails as registered or
certified (in each case with return receipt requested) with postage pre-paid and properly addressed, whichever occurs first, (b) if telecopied, when transmitted and confirmation received, (c) if emailed, when transmitted and confirmation
acknowledged by recipient or (d) if delivered, upon delivery, except that notices to the Administrative Agent or Revolving Agent pursuant to Article I shall not be effective until received by the Administrative Agent or Revolving
Agent. 
  

 - 82 - 

 Section 13.02. Amendments, Etc. 
 (a) Except as set forth below or as otherwise provided in this Agreement, no amendment or waiver of any provision of this Agreement, any Loan or any
other Loan Document, nor consent to any departure by any Credit Party therefrom, shall in any event be effective unless the same shall be in writing and signed by the Borrower Representative and the Required Lenders (or the Administrative Agent at
the request of the Required Lenders), and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. Except as set forth below, all such amendments, modifications, terminations or
waivers requiring the consent of any Lenders shall require the written consent of Required Lenders. 
 (b) No amendment, modification,
termination or waiver or consent shall, without the consent of the Administrative Agent, the Revolving Agent, the Borrower Representative and each Lender directly affected thereby, do any of the following: 
 (i) increase the principal amount of any Lender’s Commitment (which action shall be deemed only to affect those Lenders whose
Commitments are increased and may be approved by Required Lenders, including those Lenders whose Commitments are increased); 
 (ii) reduce the principal of or rate of interest on any Loan owed or any fees payable to such affected Lender; 
 (iii) postpone or extend any date fixed for any payment of principal or, interest due on, any Loan owed to such affected Lender; 
 (iv) release all or substantially all of the Collateral, or subordinate the right of the Collateral Agent and the Lenders with respect to all or substantially all of the Collateral (except as expressly permitted
herein or in the other Loan Documents); 
 (v) amend, modify or waive Section 2.04(b), Section 2.04(c)
or this Section 13.02; 
 (vi) amend or waive the priorities established under Section 1.10, the
definitions of the terms “Required Lenders”, “Required Revolving Lenders,” “Required Term Lenders” or “Pro Rata Share”; insofar as such definitions affect the substance of this Section 13.02.

 (c) At any time that Minimum Liquidity is greater than thirty million Dollars ($30,000,000), the failure of the Borrowers to comply with
the covenants contained in Section 9.01 or Section 9.02 may be waived by Required Term Lenders (or by Administrative Agent upon the written direction of the Required Term Lenders) without the consent of any of the Revolving
Lenders; provided that no waiver shall be permitted to amend the covenants unless such waiver is approved by Required Lenders. 
 (d) No amendment, modification, termination or waiver affecting the rights or duties of any Agent or the L/C Issuer under this Agreement or any other Loan Document shall be 

  

 - 83 - 

 
effective unless in writing and signed by such Agent or the L/C Issuer, as the case may be, in addition to the Lenders required hereinabove to take such
action. 
 (e) No amendment, modification, termination or waiver affecting the rights or duties of GE Capital in respect of any Swap Related
Reimbursement Obligations, under this Agreement or any other Loan Document, including any release of any Guaranty or Collateral requiring a writing signed by all Lenders, shall be effective unless in writing and signed by GE Capital in addition to
Lenders required hereinabove to take such action. 
 Furthermore, no amendment, modification, termination or waiver shall be required for the Collateral
Agent to take additional Collateral pursuant to any Loan Document. No notice to or demand on any Credit Party in any case shall entitle such Credit Party or any other Credit Party to any other or further notice or demand in similar or other
circumstances. Any amendment, modification, termination, waiver or consent effected in accordance with this Section 13.02 shall be binding upon each holder of the Notes at the time outstanding and each future holder of the Notes.

 Section 13.03. Non-Consenting Lenders; Replacement Lenders. 
 (a) If (i) in connection with any proposed amendment, modification, waiver or termination (a “Proposed Change”) requiring the
consent of Required Lenders or all affected Lenders, the consent of the Required Term Lenders and the consent of the Administrative Agent has been obtained, but the consent of other Lenders or Agents whose consent is
required has not been obtained (any Lender whose consent is obtained as described in this Section 13.03 being referred to as a “Consenting Lender,” and any Lender whose consent is not obtained as described in this
Section 13.03 being referred to as a “Non-Consenting Lender”) or (ii) the Revolving Agent or Required Revolving Lenders take any action (other than the making of Advances or issuance of Letters of
Credit in accordance with the terms of this Agreement) that has the effect of reducing the Available Commitments (including, without limitation, any action to establish or increase Reserves), then the Administrative Agent (or a Person
reasonably acceptable to the Administrative Agent) shall have the right (but shall have no obligation), with the Administrative Agent’s written consent and in the Administrative Agent’s sole discretion, to purchase for cash from any such
Non-Consenting Lenders, and all such Non-Consenting Lenders agree that they shall, upon Administrative Agent’s request, sell and assign to Administrative Agent (or to such Person), all right, title and interest of such Non-Consenting Lender
under the Loan Documents for an amount equal to the principal balance of all Loans held by such Non-Consenting Lender and all accrued interest and fees (but not including any Prepayment Premium) with respect thereto through the date of sale, such
purchase and sale to be consummated pursuant to an executed Assignment and Acceptance. 
 (b) Defaulting Lenders. The failure of
any Defaulting Lender to make any Advance, Loan or any payment required to be made by such Lender hereunder shall not relieve any other Lender (each such other Lender, an “Other Lender”) of any of its obligations to make an Advance,
Loan or payment or otherwise, but none of any Other Lender, the Administrative Agent or the Revolving Agent shall be responsible to the Credit Parties or to any other Person for the failure of any Defaulting Lender to meet its obligations hereunder.
Notwithstanding anything set forth herein to the contrary, a Defaulting Lender shall not have any voting or consent rights 

  

 - 84 - 

 
under or with respect to any Loan Document or constitute a “Lender” (or be included in the calculation of “Required Lenders,”
“Required Revolving Lenders” or “Required Term Lenders,” as applicable) for any voting or consent rights under or with respect to any Loan Document. At the Borrower Representative’s request with the Administrative
Agent’s consent and in the Administrative Agent’s sole discretion, the Administrative Agent (or a Person reasonably acceptable to the Administrative Agent) shall have the right (but shall have no obligation) to purchase from any Defaulting
Lender, and each Defaulting Lender agrees that it shall, at Administrative Agent’s request, sell and assign to Administrative Agent (or to such Person), all right, title and interest of such Defaulting Lender under the Loan Documents for
an amount equal to the principal balance of all Loans held by such Defaulting Lender and all accrued interest and fees with respect thereto through the date of sale, such purchase and sale to be consummated pursuant to an executed Assignment
and Acceptance. 
 Section 13.04. No Waiver; Remedies, Etc. No failure on the part of the Lenders or any Agent to exercise, and no
delay in exercising, any right hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any right under any Loan Document preclude any other or further exercise thereof or the exercise
of any other right. The rights and remedies of the Lenders and the Agents provided herein and in the other Loan Documents are cumulative and are in addition to, and not exclusive of, any rights or remedies provided by law. The rights of the Lenders
and the Agents under any Loan Document against any party thereto are not conditional or contingent on any attempt by the Lenders and the Agents to exercise any of their rights under any other Loan Document against such party or against any other
Person. 
 Section 13.05. Expenses; Taxes; Attorneys’ Fees. The Borrowers will pay promptly following demand therefor, all
reasonable fees, costs and expenses incurred by or on behalf of the Administrative Agent, the Collateral Agent, the Revolving Agent or the Participating Lenders, including, without limitation, reasonable out-of-pocket fees, costs and expenses of
counsel for the Administrative Agent or the Revolving Agent, accounting, due diligence, investigations, environmental assessments, miscellaneous disbursements, examination, travel, lodging and meals arising from or relating to: (a) subject to
the terms of the Fee Letter, the negotiation, preparation, execution, delivery, performance and administration of this Agreement and the other Loan Documents, (b) any requested amendments (other than amendments requested solely by the Lenders),
waivers or consents to this Agreement or the other Loan Documents whether or not such documents become effective or are given, (c) the preservation and protection of any of the Lenders’ rights under this Agreement or the other Loan
Documents, (d) the filing of any petition, complaint, answer, motion or other pleading by the Lenders, or the taking of any action in respect of the Collateral or other security, in connection with this Agreement or any other Loan Document,
(e) the protection, collection, lease, sale, taking possession of or liquidation of, any Collateral or other security in connection with this Agreement or any other Loan Document, (f) any attempt to enforce any Lien or security interest in
any Collateral or other security in connection with this Agreement or any other Loan Document, (g) any attempt to collect from any Borrower or any other Credit Party, (h) during the continuance of an Event of Default, the receipt by any
Lender of any advice from its professionals (including, without limitation, the reasonable fees of its outside attorneys and consultants) with respect to any of the foregoing (to the extent that such fees, costs and expenses are not otherwise
recoverable pursuant to any other provision of this Agreement or any other 

  

 - 85 - 

 
Loan Document), (i) all liabilities and costs arising from or in connection with the past, present or future operations of a Credit Party involving any
damage to real or personal Property or natural resources or harm or injury alleged to have resulted from any Release of Hazardous Materials on, upon or into such Property, (j) any Environmental Liabilities and Costs incurred in connection with
facility of any Credit Party including any Remedial Action for any Hazardous Materials present or arising out of the operations of any facility of a Credit Party or (k) any liabilities and costs incurred in connection with any Environmental
Lien. Without limitation of the foregoing or any other provision of any Loan Document: (i) the Borrowers agree to pay all stamp, document, transfer, recording or filing taxes or fees and similar impositions now or hereafter determined by the
Lenders to be payable in connection with this Agreement or any other Loan Document, and the Borrowers agree to hold the Lenders harmless from and against any and all present or future claims, liabilities or losses with respect to or resulting from
any omission to pay or delay in paying any such taxes, fees or impositions, (ii) the Borrowers agree to pay all broker fees with respect to any broker retained by the Borrowers or any of their Subsidiaries that may become due in connection with
the transactions contemplated by this Agreement and (iii) during the continuance of a Default or an Event of Default, if a Credit Party (A) fails to make any payments or deposits with respect to any taxes of any kind or nature to the
extent that such payments or deposits are due and payable prior to delinquency, (B) fails to make any payments or deposits with respect to any other governmental assessment prior to the time that any Lien may inure against any property of any
Credit Party, or (C) fails to make any payments or deposits with respect to any insurance premiums then due and payable or otherwise comply with Section 7.15, then the Administrative Agent, in its sole discretion and without prior
notice to the Borrowers, may do any or all of the following, without duplication: (1) make payment of the same or any part thereof, (2) in the case of any failure described in clause (iii)(C) above, obtain and maintain
insurance policies of the type described in Section 5.01(r) and take the actions with respect to such policies which are authorized pursuant to Article XII. Any payment described above in clause (2) shall not
constitute an agreement by the Lenders to make similar payments in the future or a waiver by the Lenders of any Event of Default under this Agreement. The Administrative Agent and Revolving Agent need not inquire as to, or contest the validity of,
any such obligation. The foregoing to the contrary notwithstanding, the agreements set forth above in this Section 13.05 are subject to the limitations set forth in Section 8.07, solely to the extent applicable. The
Administrative Agent and Revolving Agent agree to provide to the Borrowers an invoice with respect to each cost or expense incurred in connection with the Loan Documents by any Lender promptly upon the Administrative Agent’s or Revolving
Agent’s receipt thereof, and agree, upon the reasonable request of the Borrowers, to provide reasonable backup information with respect to such costs or expenses (subject to the right of the Administrative Agent and Revolving Agent to take
whatever steps are reasonably necessary to protect any confidential or privileged information which may be contained therein). 
 Section
13.06. Right of Set-Off. If an Event of Default shall have occurred and be continuing, each Lender and each of their respective Affiliates, is hereby authorized at any time and from time to time, to the fullest extent permitted by Applicable
Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender or any such Affiliate to
or for the credit or the account of the Borrowers or any other Credit Party against any and all of the obligations of the Borrowers or such Credit Party now or hereafter existing under this Agreement or any other Loan Document to such 

  

 - 86 - 

 
Lender, irrespective of whether or not such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations
of the Borrowers or such Credit Party may be contingent or unmatured or are owed to a branch or office of such Lender different from the branch or office holding such deposit or obligated on such indebtedness. The rights of each Lender and their
respective Affiliates under this Section 13.06 are in addition to other rights and remedies (including other rights of set-off) that such Lender or their respective Affiliates may have. Each Lender agrees to notify the Borrowers and the
Administrative Agent and Revolving Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such set-off and application. 
 Section 13.07. Severability. Any provision of this Agreement, which is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining portions hereof or affecting the validity or enforceability of such provision in any other jurisdiction. 
 Section 13.08. Complete Agreement; Sale of Interest. The Loan Documents constitute the complete agreement between the parties with respect to the
subject matter hereof and thereof, supersede any previous agreement or understanding between them relating hereto or thereto and may not be modified, altered or amended except by an agreement in writing signed by the Credit Parties and the Lenders
in accordance with Section 13.02. The Credit Parties may not sell, assign or transfer any of the Loan Documents or any portion thereof, including their rights, title, interests, remedies, powers and duties hereunder or thereunder. The
Credit Parties hereby consent to any Lender’s sale of participations, assignment, transfer or other disposition, at any time or times, of any of the Loan Documents or of any portion thereof or interest therein, including such Lender’s
rights, title, interests, remedies, powers or duties thereunder, subject, in the case of a participation, assignment, transfer or other disposition, to the provisions of Section 13.09. 
 Section 13.09. Assignment; Register. 
 (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that no Credit Party may assign or otherwise transfer any of its
rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by any Credit Party without such consent shall be null and void). Nothing in this Agreement, expressed or implied, shall be
construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby and, to the extent expressly contemplated hereby, the Affiliates of the Administrative Agent) any legal or equitable right,
remedy or claim under or by reason of this Agreement. 
 (b) Any Lender may assign to one or more Eligible Assignees all or a portion of its
rights and obligations under this Agreement (including all or a portion of its Loans at the time owing to it); provided that (i) except in the case of an assignment of the entire remaining outstanding amount of the Loans at the time
owing to it (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent) or in the case of an assignment to an entity described in clause (d) of the definition of
Eligible Assignee, any such assignment shall not be less than two million Dollars ($2,000,000), 

  

 - 87 - 

 
unless each of the Administrative Agent and Revolving Agent otherwise consents (such consent not to be unreasonably withheld or delayed), and (c) the
parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance. Subject to acceptance and recording thereof by the Administrative Agent pursuant to paragraph (d) of this
Section 13.09, from and after the effective date specified in each Assignment and Acceptance, the Eligible Assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance, have
the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement, and, in the case
of an Assignment and Acceptance covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Section 2.05,
Section 3.03, Section 3.04, Section 13.17, and Section 13.18 to the extent any claim thereunder relates to an event arising out of such Lender’s status or activity as Lender prior to such
assignment. 
 (c) Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this
Section 13.09 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with paragraph (e) of this Section. 
 (d) The Administrative Agent, acting solely for this purpose as an agent of the Borrowers, shall maintain at the Administrative Agent’s Office a
copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Term Lenders, and the Term Loan Commitment of, and principal amount of the Term Loan owing to, each Lender pursuant to the
terms hereof from time to time (the “Term Register”). The Revolving Agent, acting solely for this purpose as an agent of the Borrowers, shall maintain at the Revolving Agent’s Office a copy of each Assignment and Acceptance
delivered to it and a register for the recordation of the names and addresses of the Revolving Lenders, and the Revolving Commitment of, and principal amount of the Revolving Advances owing to, each Revolving Lender pursuant to the terms hereof from
time to time (the “Revolving Register”). The entries in either Register shall be conclusive, and the Borrowers, the Administrative Agent and the Lenders may treat each Person whose name is recorded in the Register pursuant to the
terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. Each Register shall be available for inspection by the Borrower Representative and any Lender, at any reasonable time and from time to
time upon reasonable prior notice. The Borrower Representative may request in writing a copy of either Register from time to time and the Administrative Agent will promptly deliver a copy of such Register to the Borrower Representative promptly
thereafter. 
 (e) Any Lender may, without the consent of, or notice to, the Borrowers or the Administrative Agent, sell participations to
one or more banks or other entities (a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of the Loans owing to it); provided that (i) such
Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrowers, the Agents and the
Participating Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement or instrument 

  

 - 88 - 

 
pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any
amendment, modification or waiver of any provision of this Agreement, provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver
described in Section 13.02(b)(ii) or Section 13.02(b)(iii) that affects such Participant. Subject to paragraph (f) of this Section the Borrower agrees that each Participant shall be entitled to the benefits of
Section 2.05, Section 3.03 and Section 3.04 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section. To the extent permitted by
law, each Participant also shall be entitled to the benefits of Section 13.05 as though it were a Lender, provided such Participant agrees to be subject to Section 12.05 as though it were a Lender. 
 (f) Any Lender selling a participation to a Participant shall, as agent for the Credit Parties, keep a register, in substantially the same form as such
Lender’s respective Register, of each such Participant, specifying such Participant’s entitlement to payments of principal and interest with respect to such participation. 
 (g) A Participant shall not be entitled to receive any greater payment under Section 2.05 or Article III than the applicable
Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a
Non-U.S. Lender if it were a Lender shall not be entitled to the benefits of Section 2.05 unless the Borrowers are notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers, to
comply with Section 2.05 as though it were a Lender. 
 (h) Any Lender may, without the consent of the Borrowers, the
Administrative Agent or the Revolving Agent, at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including without limitation (i) any pledge or
assignment to secure obligations to a Federal Reserve Bank and (ii) in the case of any Lender that is a fund, any pledge or assignment of all or any portion of such Lender’s rights under this Agreement to any holders of obligations owed,
or securities issued, by such Lender as security for such obligations or securities, or to any trustee for, or any other representative of, such holders, and this Section shall not apply to any such pledge or assignment of a security interest;
provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 
 Section 13.10. Counterparts. This Agreement may be executed in any number of counterparts and by different parties hereto in separate
counterparts, each of which shall be deemed to be an original, but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of this Agreement or any of the other Loan Documents by telecopy shall
have the same force and effect as the delivery of an original executed counterpart of this Agreement or any of such other Loan Documents. Any party delivering an executed counterpart of any such agreement by telecopy shall also deliver an original
executed counterpart, but the failure to do so shall not affect the validity, enforceability or binding effect of such agreement. 
  

 - 89 - 

 Section 13.11. GOVERNING LAW. THIS AGREEMENT, THE NOTES AND, EXCEPT TO THE EXTENT OTHERWISE
PROVIDED THEREIN, THE OTHER LOAN DOCUMENTS SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 Section 13.12. CONSENT TO JURISDICTION, SERVICE OF PROCESS AND VENUE. ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK IN THE BOROUGH OF
MANHATTAN, COUNTY OF NEW YORK OR OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, AND, BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH CREDIT PARTY HEREBY IRREVOCABLY ACCEPTS IN RESPECT OF ITS PROPERTY, GENERALLY AND
UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURTS. EACH CREDIT PARTY FURTHER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THE AFOREMENTIONED COURTS AND IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY
REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO SUCH CREDIT PARTY AT THE ADDRESS FOR NOTICES SET FORTH IN SECTION 13.01, SUCH SERVICE TO BECOME EFFECTIVE FIVE (5) DAYS AFTER SUCH MAILING. NOTHING HEREIN SHALL AFFECT THE RIGHT OF
THE LENDERS OR THE AGENTS TO SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST ANY CREDIT PARTY IN ANY OTHER JURISDICTION. EACH CREDIT PARTY HEREBY EXPRESSLY AND IRREVOCABLY WAIVES,
TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE JURISDICTION OR LAYING OF VENUE OF ANY SUCH LITIGATION BROUGHT IN ANY SUCH COURT REFERRED TO ABOVE AND ANY CLAIM THAT ANY SUCH LITIGATION HAS BEEN
BROUGHT IN AN INCONVENIENT FORUM. 
 Section 13.13. WAIVER OF JURY TRIAL, ETC. THE CREDIT PARTIES, THE LENDERS AND THE AGENTS HEREBY
WAIVE ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM CONCERNING ANY RIGHTS UNDER THIS AGREEMENT, THE NOTES OR OTHER LOAN DOCUMENTS, OR UNDER ANY AMENDMENT, WAIVER, CONSENT, INSTRUMENT, DOCUMENT OR OTHER AGREEMENT DELIVERED OR
WHICH IN THE FUTURE MAY BE DELIVERED IN CONNECTION THEREWITH, OR ARISING FROM ANY FINANCING RELATIONSHIP EXISTING IN CONNECTION WITH THIS AGREEMENT, AND AGREE THAT ANY SUCH ACTION, PROCEEDINGS OR COUNTERCLAIM SHALL BE TRIED BEFORE A COURT AND NOT
BEFORE A JURY. EACH CREDIT PARTY CERTIFIES THAT NO OFFICER, REPRESENTATIVE, AGENT OR ATTORNEY OF THE LENDERS OR THE AGENTS HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT THE LENDERS OR THE AGENTS WOULD NOT, IN THE EVENT OF ANY ACTION, PROCEEDING OR
COUNTERCLAIM, SEEK TO ENFORCE THE FOREGOING WAIVERS. EACH CREDIT PARTY HEREBY ACKNOWLEDGES THAT THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE LENDERS AND THE AGENTS ENTERING INTO THIS AGREEMENT. 
  

 - 90 - 

 Section 13.14. Consent. Except as otherwise expressly set forth herein or in any other Loan
Document to the contrary, if the consent, approval, satisfaction, determination, judgment, acceptance or similar action (an “Action”) of the Lenders or the Agents, shall be permitted or required pursuant to any provision hereof or
any provision of any other agreement to which the Borrowers or any other Guarantors are parties and to which the Lenders or the Agents have succeeded thereto, such Action shall be required to be in writing and may be withheld or denied by the
Lenders or the Agents with or without any reason in their reasonable discretion. 
 Section 13.15. Interpretation. Neither this
Agreement nor any uncertainty or ambiguity herein shall be construed or resolved against the Lenders, the Agents or the Borrowers, whether under any rule of construction or otherwise. On the contrary, this Agreement has been reviewed by all parties
and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the purposes and intentions of all parties hereto. 
 Section 13.16. Reinstatement; Certain Payments. If any claim is ever made upon the Secured Creditors or the Agents for repayment or recovery of any amount or amounts received by the Secured Creditors or the
Agents in payment or received on account of any of the Obligations, the Secured Creditors or the Agents shall give prompt notice of such claim to the Borrowers, and if the Secured Creditors or the Agents repay all or part of such amount by reason of
(a) any judgment, decree or order of any court of competent jurisdiction or administrative body having jurisdiction over the Secured Creditors or the Agents or any of their respective property, or (b) compliance by the Secured Creditors or
the Agents with any requirement of a Governmental Authority having jurisdiction over the Secured Creditors or the Agents, then and in such event the Borrowers agree that (i) any such judgment, decree or order shall be binding upon it
notwithstanding the cancellation of any instrument evidencing the Obligations or the other Loan Documents or the termination of this Agreement or the other Loan Documents and (ii) it shall be and remain liable to the Secured Creditors or the
Agents hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by the Secured Creditors or the Agents. 
 Section 13.17. Indemnification. In addition to the Borrowers’ other Obligations under this Agreement, the Borrowers agree to defend, protect, indemnify and hold harmless the Lenders and each of their
respective Affiliates and their officers, directors, trustees, employees, agents and advisors, the Administrative Agent, the Revolving Agent, the Collateral Agent, the Agent-Related Persons and the Lender-Related Persons (collectively called the
“Indemnitees”) from and against any and all claims, losses, demands, settlements, damages, liabilities, obligations, penalties, fines, fees, reasonable costs and expenses (including, without limitation, reasonable attorneys’
fees, costs and expenses, but excluding income, franchise and similar taxes of an Indemnitee) incurred by such Indemnitees (but not taxes, which shall be governed by Section 2.05), whether prior to or from and after the Closing Date, as
a result of or arising from or relating to or in connection with any of the following: (a) the Administrative Agent, the Revolving Agent, the Collateral Agent or the Lenders furnishing of funds to the Borrowers under this Agreement, including,
without limitation, the management of any such Loans, (b) any matter relating to the financing transactions contemplated by this Agreement or the other Loan Documents or by any document executed in connection with the transactions 

  

 - 91 - 

 
contemplated by this Agreement or the other Loan Documents, (c) any claim, litigation, investigation or administrative or judicial proceeding in
connection with any transaction contemplated in, or consummated under, the Loan Documents or (d) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether or not any Indemnitee is a party thereto, including
without limitation, claims, litigations, investigations or other proceedings arising out of (i) the presence, disposal, Release of any Hazardous Materials on, in, at, to, from or under any property at any time owned or occupied by the Borrowers
or any of their Subsidiaries (or any of their respective predecessors in interest or title) or at any facility which received Hazardous Materials generated by the Borrowers or any of their Subsidiaries or any of their respective predecessors in
interest in connection with the receipt of such Hazardous Materials, (ii) any alleged personal injury (including wrongful death) or property damage (real or personal) arising out of or related to any Hazardous Materials generated by the
Borrower or any of its Subsidiaries, (iii) any investigation, lawsuit brought or threatened, settlement reached or government order relating to such Hazardous Materials, (iv) any alleged violation of any Environmental Law by the Borrower
or any of its Subsidiaries or any of their respective predecessors in interest, and/or (v) any Environmental Action (collectively, the “Indemnified Matters”); provided, however, that the Borrower shall not have
any obligation to any Indemnitee under this Section 13.17 if such Indemnified Matter results solely from the gross negligence or willful misconduct of such Indemnitee or as a result of the presence or release of Hazardous Materials that
are first brought on to a property after such property is transferred to any Indemnitee or its successors or assigns by foreclosure, deed-in-lieu of foreclosure or similar transfer; provided, however, that no Credit Party shall be
required to reimburse the legal fees and expenses of more than one outside counsel (in addition to up to one local counsel in each applicable local jurisdiction) for all Indemnitees under this Section 13.17 unless on advice of outside
counsel, representation of all such Indemnitees would be inappropriate due to the existence of an actual or potential conflict of interest. Such indemnification for all of the foregoing losses, damages, fees, costs and expenses of the Indemnitees
shall be due and payable promptly after demand therefor. To the extent that the undertaking to indemnify, pay and hold harmless set forth in this Section 13.17 may be unenforceable because it is violative of any law or public policy, the
Borrowers shall contribute the maximum portion which it is permitted to pay and satisfy under Applicable Law, to the payment and satisfaction of all Indemnified Matters incurred by the Indemnitees. This Indemnity shall survive the repayment of the
Obligations and the discharge of the Liens granted under the Loan Documents. 
 Section 13.18. Interest. It is the intention of the
parties hereto that each Agent and each Lender shall conform strictly to usury laws applicable to it. Accordingly, if the transactions contemplated hereby or by any other Loan Document would be usurious as to any Agent or any Lender under laws
applicable to it (including the laws of the United States of America and the State of New York or any other jurisdiction whose laws may be mandatorily applicable to such Agent or such Lender notwithstanding the other provisions of this Agreement),
then, in that event, notwithstanding anything to the contrary in this Agreement or any other Loan Document or any agreement entered into in connection with or as security for the Obligations, it is agreed as follows: (a) the aggregate of all
consideration which constitutes interest under law applicable to any Agent or any Lender that is contracted for, taken, reserved, charged or received by such Agent or such Lender under this Agreement or any other Loan Document or agreements or
otherwise in connection with the Obligations shall under no circumstances exceed the maximum amount allowed by such applicable law, any excess shall be 

  

 - 92 - 

 
canceled automatically and if theretofore paid shall be credited by such Agent or such Lender on the principal amount of the Obligations (or, to the extent
that the principal amount of the Obligations shall have been or would thereby be paid in full, refunded by such Agent or such Lender, as applicable, to the Borrowers); and (b) in the event that the maturity of the Obligations is accelerated by
reason of any Event of Default under this Agreement or otherwise, or in the event of any required or permitted prepayment, then such consideration that constitutes interest under law applicable to any Agent or any Lender may never include more than
the maximum amount allowed by such applicable law, and excess interest, if any, provided for in this Agreement or otherwise shall be canceled automatically by such Agent or such Lender, as applicable, as of the date of such acceleration or
prepayment and, if theretofore paid, shall be credited by such Agent or such Lender, as applicable, on the principal amount of the Obligations (or, to the extent that the principal amount of the Obligations shall have been or would thereby be paid
in full, refunded by such Agent or such Lender to the Borrowers). All sums paid or agreed to be paid to any Agent or any Lender for the use, forbearance or detention of sums due hereunder shall, to the extent permitted by law applicable to such
Agent or such Lender, be amortized, prorated, allocated and spread throughout the full term of the Loans until payment in full so that the rate or amount of interest on account of any Loans hereunder does not exceed the maximum amount allowed by
such applicable law. If at any time and from time to time, (i) the amount of interest payable to any Agent or any Lender on any date shall be computed at the Highest Lawful Rate applicable to such Agent or such Lender pursuant to this
Section 13.18 and (ii) in respect of any subsequent interest computation period the amount of interest otherwise payable to such Agent or such Lender would be less than the amount of interest payable to such Agent or such Lender
computed at the Highest Lawful Rate applicable to such Agent or such Lender, then the amount of interest payable to such Agent or such Lender in respect of such subsequent interest computation period shall continue to be computed at the Highest
Lawful Rate applicable to such Agent or such Lender until the total amount of interest payable to such Agent or such Lender shall equal the total amount of interest which would have been payable to such Agent or such Lender if the total amount of
interest had been computed without giving effect to this Section 13.18. 
 For purposes of this Section 13.18, the
term “Applicable Law” shall mean that law in effect from time to time and applicable to the loan transaction between the Borrower, on the one hand, and the Agents and the Lenders, on the other, that lawfully permits the charging and
collection of the highest permissible, lawful non-usurious rate of interest on such loan transaction and this Agreement, including laws of the State of New York and, to the extent controlling, laws of the United States of America. 
 The right to accelerate the maturity of the Obligations does not include the right to accelerate any interest that has not accrued as of the date of
acceleration. 
 Section 13.19. Records. The unpaid principal of, and interest on, the Obligations, the interest rate or rates
applicable to such unpaid principal and interest, the duration of such applicability, the Commitment, and the accrued and unpaid fees payable pursuant to Section 3.06, including without limitation fees set forth in the Fee Letter, shall
at all times be ascertained from the records of the Lender and Agents, which shall be conclusive and binding absent manifest or demonstrable error. 
  

 - 93 - 

 Section 13.20. Binding Effect. This Agreement shall be binding upon and inure to the benefit of
the Credit Parties, the Lenders and the Agents, and their respective successors and assigns, subject to Section 13.09. 
 Section
13.21. Confidentiality. The Agents and the Participating Lenders each individually (and not jointly or jointly and severally) agree that material, non-public information regarding the Borrowers and their Subsidiaries, their operations,
assets, and existing and contemplated business plans shall be treated by the Agents and the Participating Lenders in a confidential manner, and shall not be disclosed by any Agent or any Participating Lender to Persons who are not parties to this
Agreement for a period of two (2) years, except (a) to attorneys for and other advisors, accountants, auditors, employees and consultants to any Participating Lender or any Agent, (b) to Subsidiaries and Affiliates of any
Participating Lender or any Agent; provided, however, that any such Subsidiary or Affiliate shall have agreed to receive such information hereunder subject to the terms of this Section 13.21, (c) as may be required by
statute, decision, or judicial or administrative order, rule, or regulation, (d) as may be agreed to in advance by the Borrower Representative or its Subsidiaries or as requested or required by any Governmental Authority pursuant to any
subpoena or other legal process, (e) as to any such information that is or becomes generally available to the public (other than as a result of prohibited disclosure by any Agent or any Participating Lender), (f) in connection with any
assignment, prospective assignment, sale, prospective sale, participation or prospective participations, or pledge or prospective pledge of any Participating Lender’s interest under this Agreement; provided, however, that any such
assignee, prospective assignee, purchaser, prospective purchaser, participant, prospective participant, pledgee, or prospective pledgee shall have agreed in writing to receive such information hereunder subject to the terms of this
Section 13.21, and (g) in connection with any litigation or other adversary proceeding involving parties hereto which such litigation or adversary proceeding involves claims related to the rights or duties of such parties under this
Agreement or the other Loan Documents; provided, however, that, unless prohibited by applicable law, statute, regulation, or court order, such Participating Lender or such Agent shall: (x) where legally permissible, notify the
Borrower Representative of any request by any court, governmental or administrative agency, or pursuant to any subpoena or other legal process for disclosure of any such non-public material information concurrent with, or, if practicable, prior to
the disclosure thereof, and (y) notify all other Persons described in clause (a) above that they are bound by, the provisions of this Section 13.21; provided, however, with respect to such material, non-public
information identified by the Credit Parties in writing as restricted material (“Restricted Material”) that the Credit Parties are required to keep confidential for a longer period of time (such additional
period, a “Restricted Period”), the Agents and the Participating Lenders agree to treat such Restricted Material confidentially in accordance with this Section 13.21 for such applicable Restricted
Period to the extent the Agents and the Participating Lenders receive written notice of such Restricted Period. 
 Section 13.22. Lender Advertising. The Agents and the Lenders shall be entitled to advertise the closing of the transactions contemplated by this Agreement in such trade publications, business journals, newspapers of general
circulation and otherwise, as the Agents and the Lenders shall deem appropriate, including, without limitation, the publication of a tombstone announcing the closing of this transaction; provided that the Agents and the Lenders shall obtain
written consent of the Borrowers prior to disseminating any advertisement described in this Section 13.22 which consent shall not be reasonably withheld. 
  

 - 94 - 

 Section 13.23. Common Enterprise. The successful operation and condition of each of the Credit
Parties is dependent on the continued successful performance of the functions of the group of the Credit Parties as a whole and the successful operation of each of the Credit Parties is dependent on the successful performance and operation of each
other Credit Party. Each Credit Party expects to derive benefit (and its board of directors or other governing body has determined that it may reasonably be expected to derive benefit), directly and indirectly, from (a) successful operations of
each of the other Credit Parties and (b) the credit extended by the Lenders to the Borrowers hereunder, both in their separate capacities and as members of the group of companies. Each Credit Party has determined that execution, delivery and
performance of this Agreement and any other Loan Documents to be executed by such Credit Party is within its purpose, will be of direct and indirect benefit to such Credit Party, and is in its best interest. 
 Section 13.24. USA PATRIOT ACT. Each Lender that is subject to the requirements of the Patriot Act hereby notifies the Borrowers 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 the Borrower and other information that will allow such Lender to
identify the Borrower in accordance with the Act. 
 ARTICLE XIV 
 DEFINITIONS; CERTAIN TERMS 
 Section 14.01. Definitions. terms: 
 “2006 Financial Statements” means the audited consolidated balance sheet of the Parent for the Fiscal Year
ended June 28, 2006 and the related consolidated statement of operations, shareholders’ equity and cash flows for the Fiscal Year then ended. 
 “Account” means an “account” as that term is defined in the UCC. 
 “Account Debtor” means any Person that is obligated on an Account, chattel paper or general intangible. 
 “Action” has the meaning ascribed to such term in Section 13.14. 
 “Additional Security
Documents” means any Security Documents entered into pursuant to Section 7.08 hereof. 
 “Administrative
Agent” has the meaning ascribed to such term in the introductory paragraph hereto. 
 “Administrative Agent
Account” means such Deposit Account as the Administrative Agent may from time to time specify in writing to the Borrower and the Lenders. 
 “Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.

  

 - 95 - 

 “Agent-Related Persons” means each of the Agents and its Affiliates, and the officers,
directors, employees, counsel, consultants, agents and attorneys-in-fact of such Agent and its Affiliates. 
 “Agents”
means, collectively, the Administrative Agent, the Revolving Agent and the Collateral Agent. 
 “Aggregate Exposure” means
the sum of (a) the outstanding Revolving Advances under this Agreement and (b) the Letter of Credit Exposure. 
 “Agreement” means this Senior Secured Credit Agreement, together with all Exhibits and Schedules hereto, as such agreement may be amended, supplemented or otherwise modified from time to time. 
 “ALTA” means American Land Title Association. 
 “Alternate Base Rate” at any time means the rate of interest per annum equal to the higher of (a) the rate of interest quoted by The Wall Street Journal as the “base rate on corporate loans
posted by at least 75% of the nation’s 30 largest banks” and (b) the rate that is 0.50% in excess of the Federal Funds Rate. Any change in the Alternate Base Rate due to a change in The Wall Street Journal rate referred to in
clause (a) of this definition or the Federal Funds Rate shall be effective on the opening of business on the date of such change. 
 “Alternate Base Rate Loans” means Loans that bear interest at an interest rate based on the Alternate Base Rate. 
 “Applicable Law” means, in respect of any Person, all provisions of constitutions, laws, statutes, rules, regulations, treaties, directives, guidelines and orders of Governmental Authorities applicable to such Person,
including zoning ordinances, all Environmental Laws, and all orders, decisions, judgments and decrees of all courts and arbitrators in proceedings or actions to which the Person in question is a party or by which it is bound. 
 “Applicable Margin” means a percentage per annum determined as of the end of the last Fiscal Quarter, as set forth below: 
  

							
	 	  	Alternate Base
Rate Loan	 	 	LIBOR Rate Loan	 
	 Revolving Advances
	  	1.75	%	 	3.00	%
	 Term Loans
	  	5.75	%	 	7.00	%

 “Approved Fund” means any fund that is administered or managed by (a) a
Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 
  

 - 96 - 

 “Assignment and Acceptance” means an Assignment and Acceptance substantially in the form
of Exhibit H attached hereto and made a part hereof (with blanks appropriately completed) delivered to the Administrative Agent in connection with an assignment of a Lender’s interest under this Agreement in accordance with
Section 13.09(b). 
 “Authorized Officer” means, with respect to any Credit Party, the chief executive officer,
chief administrative officer, chief financial officer, vice president of financial compliance and reporting, and treasurer, controller or chief accounting officer or other officer with similar responsibility designated by the Board of Directors or
similar governing body of the Credit Party. 
 “Available Commitments” means, as of any date, the Total Revolving Commitment
minus the Aggregate Exposure minus the Reserve Amount. 
 “Availability Period” means the period from the Closing
Date to the Maturity Date. 
 “Bankruptcy Code” means Title 11 of the United States Code (11 U.S.C.
§§ 101 et seq.), as amended from time to time, and any successor statute. 
 “Bankruptcy
Petition” has the meaning ascribed to such term in the Recitals. 
 “Benefit Plan” means an employee pension
benefit plan, excluding any Multiemployer Plan, which is subject to Title IV of ERISA or subject to the minimum funding standards under Section 412 of the Code. 
 “Borrower Representative” has the meaning ascribed to such term in Section 1.08(b). 
 “Borrower” has the meaning ascribed to such term in the introductory paragraph hereto. 
 “Business
Day” means any day that is not a Saturday, a Sunday or a day on which commercial banks are required or permitted to be closed in the State of New York; provided that when used in connection with a rate determination, borrowing or
payment in respect of a LIBOR Rate Loan, the term “Business Day” shall also exclude any day on which banks in London, England are not open for dealings in U.S. Dollar deposits in the London interbank market. 
 “Capital Expenditures” means, with respect to any Person for any period, the sum of the aggregate of all expenditures by such Person and
its Subsidiaries arising during such period that, in accordance with GAAP, are or should be included in the “property, plant and equipment” account on its consolidated balance sheet, including all applicable Capitalized Lease Obligations
with respect to “property, plant and equipment”, paid or payable during such period, excluding in each case, (a) any such expenditures made for the repair, replacement or restoration of assets to the extent paid or reimbursed by any
insurance policy or condemnation award to the extent such expenditures are permitted under the Loan Documents, (b) any leasehold improvement expenditures to the extent paid or reimbursed by the applicable lessor, sublessor or sublessee,
(c) any acquisition of all or substantially all of the assets of, all of the Capital Stock of, or a business line, unit, office or division of any Person and (d) purchases of spare parts Inventory. 
  

 - 97 - 

 “Capital Stock” means (a) with respect to any Person that is a corporation, any and
all shares, options, warrants, interests, participations or other equivalents (however designated and whether or not voting) of or in a Person, including common stock, preferred stock or any other “equity security” and (b) with
respect to any Person that is not a corporation, any and all partnership, limited liability company interests or other equity interests of such Person excluding, in the case of clauses (a) and (b) above, any debt security
that is exchangeable for or convertible into such capital stock. 
 “Capitalized Lease” means, with respect to any Person,
any lease of real or personal property by such Person as lessee which is required under GAAP to be capitalized on the balance sheet of such Person. 
 “Capitalized Lease Obligations” means, with respect to any Person, obligations of such Person and its Subsidiaries as lessee under Capitalized Leases as determined in accordance with GAAP. 
 “Cash Collateral Account” means a deposit account in the name of the Collateral Agent at a bank or financial institution selected by the
Collateral Agent and approved by the Borrowers. 
 “Cash Equivalents” means (a) marketable direct obligations issued or
unconditionally guaranteed by the United States Government or issued by an agency thereof and backed by the full faith and credit of the United States, in each case maturing within one (1) year after the date of acquisition thereof;
(b) marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one (1) year after the date of acquisition thereof
and, at the time of acquisition, having the highest ratings obtainable from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s shall be rating such obligations, then from such other nationally recognized rating
services reasonably acceptable to the Administrative Agent) and not listed in Credit Watch published by S&P; (c) commercial paper, other than commercial paper issued by the Borrower or any of its Subsidiaries, maturing no more than two
hundred seventy (270) days after the date of acquisition thereof and, at the time of acquisition, having a rating of at least A-1 or P-1, respectively, from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s
shall be rating such obligations, then the comparable rating from such other nationally recognized rating services reasonably acceptable to the Administrative Agent); (d) certificates of deposit or time deposits or bankers’ acceptances
maturing within one (1) year after the date of acquisition thereof either (i) issued by any bank which has a rating of A or A2, or better, from S&P or Moody’s, or (ii) constituting certificates of deposit less than or equal
to one hundred thousand Dollars ($100,000) in the aggregate issued by any other bank insured by the Federal Deposit Insurance Corporation. 
 “Cash Management Account” has the meaning ascribed to such term in Section 7.19(b). 
  

 - 98 - 

 “Cash Management Agreement” has the meaning ascribed to such term in
Section 4.01(w)(ii). 
 “Cash Management Bank” has the meaning ascribed to such term in
Section 4.01(w)(i). 
 “Casualty” means any casualty, loss, damage, destruction or other similar loss with
respect to real or personal property or improvements. 
 “Change in Law” means the occurrence, after the date of this
Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by any
Governmental Authority or (c) the making or issuance of any request, guideline or directive (whether or not having the force of law) by any Governmental Authority. 
 “Change of Control” means (a) that any “person” or “group” (within the meaning of Sections 13(d) and 14(d) of the Exchange Act) other than the Existing
Owners becomes the beneficial owner (as that term is defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of 35%, or more, of the Capital Stock of Parent having the right to vote for the election of members of the Board of
Directors or (b) a majority of the members of the Board of Directors do not constitute Continuing Directors. 
 “Chapter 11
Cases” means the cases commenced under the Bankruptcy Code by the Borrowers on the Petition Date. 
 “Closing Date”
means the Business Day, on or before October 31, 2006, on which all of the conditions precedent set forth in Section 4.01 have been satisfied (or waived in accordance with the terms of this Agreement). 
 “Closing Date Mortgaged Property” has the meaning ascribed to such term in Section 4.01(v)(i). 
 “Code” means the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder, in each case as in effect from
time to time. References to sections of the Code shall be construed also to refer to any successor sections. 
 “Collateral”
has the meaning ascribed to such term in the Security Agreement. 
 “Collateral Access Agreement” means a landlord waiver,
mortgagee waiver, bailee letter, or acknowledgement agreement of any warehouseman, processor, lessor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in the Books, Equipment, or Inventory of any
Grantor, in each case, in form and substance reasonably satisfactory to the Collateral Agent. 
 “Collateral Agent” has the
meaning ascribed to such term in the introductory paragraph hereto. 
  

 - 99 - 

 “Collections” means all cash, checks, notes, instruments, and other items of payment
(including insurance and condemnation proceeds, cash proceeds of sales and other voluntary or involuntary dispositions of property, rental proceeds, and tax refunds). 
 “Commitments” means the Revolving Commitments and the Term Loan Commitments. 
 “Commitment Reduction Fee” has the meaning ascribed to such term in Section 2.03(b). 
 “Compliance Certificate” has the meaning ascribed to such term in Section 6.01(d)(ii). 
 “Condemnation” means any taking by a Governmental Authority of property or assets, or any part thereof or interest therein, for public or quasi-public use under the power of eminent domain, by reason of any public
improvement or condemnation or in any other manner. 
 “Consenting Lender” has the meaning ascribed to such term in
Section 13.03(a)(i). 
 “Consolidated EBITDA” means, with respect to any Person and its consolidated
Subsidiaries for any quarterly period, the GAAP operating income of such Person for such period plus (a) depreciation expense and (b) amortization expense; provided, however, Consolidated EBITDA for the quarterly
periods ending on or about December 29, 2006, March 30, 2007, June 29, 2007 and September 28, 2007 shall be deemed to be Consolidated EBITDAR for such period; and provided further that in
computing GAAP Operating Income for periods ending on or prior to June 26, 2009, changes relating to revenue recognition under fresh start accounting rules and changes under SOP 97-2 accounting rules shall be excluded. 
 “Consolidated EBITDAR” means, with respect to any Person and its consolidated Subsidiaries for any period, the Consolidated EBITDA of
such Person and its consolidated Subsidiaries for such period plus the Restructuring Charges for such period in an amount not to exceed ten million Dollars ($10,000,000) in the aggregate. 
 “Consolidated Total Debt” means, as of any particular time and after eliminating inter-company items, all Debt for Borrowed Money of the
Parent and its Subsidiaries, as the same would be set forth in a consolidated balance sheet of the Parent and its Subsidiaries for such period. 
 “Contingent Obligation” means, with respect to any Person, any obligation of such Person guaranteeing or intended to guarantee any Indebtedness (“Primary Obligations”) of any other Person (the
“Primary Obligor”) in any manner, whether directly or indirectly, including, without limitation, (a) the direct or indirect guaranty, endorsement (other than for collection or deposit in the ordinary course of business),
co-making, discounting with recourse or sale with recourse by such Person of the obligation of a primary obligor, (b) the obligation to make take-or-pay or similar payments, if required, regardless of nonperformance by any other party or
parties to an agreement, or (c) any obligation of such Person, whether or not contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect 

  

 - 100 - 

 
Security therefor, (ii) to advance or supply funds (A) for the purchase or payment of any such primary obligation or (B) to maintain working
capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, assets, Securities or services primarily for the purpose of assuring the owner of any such
primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the holder of such primary obligation against loss in respect thereof, provided,
however, that the term “Contingent Obligation” shall not include any products warranties extended in the ordinary course of business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated
or determinable amount of the primary obligation with respect to which such Contingent Obligation is made (or, if less, the maximum amount of such primary obligation for which such Person may be liable pursuant to the terms of the instrument
evidencing such Contingent Obligation) or, if not stated or determinable, the maximum reasonably anticipated liability with respect thereto (assuming such Person is required to perform thereunder), as determined by such Person in good faith.

 “Continuing Director” means (a) any member of the Board of Directors who was a director (or comparable manager) of
Parent on the Closing Date, and (b) any individual who becomes a member of the Board of Directors after the Closing Date if such individual was appointed or nominated for election to the Board of Directors by a majority of the Continuing
Directors, but excluding any such individual originally proposed for election in opposition to the Board of Directors in office at the Closing Date in an actual or threatened election contest relating to the election of the directors (or comparable
managers) of Parent and whose initial assumption of office resulted from such contest or the settlement thereof. 
 “Contracts” means leases, lease schedules, installment sales agreements, security agreements, chattel paper and other instruments and documents. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power,
by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 
 “Control Agreement” means, with respect to a Securities Account or a Deposit Account, an agreement, in form and substance reasonably satisfactory to the Collateral Agent, which effectively gives control (as defined in the
UCC) to the Collateral Agent in such Securities Account and all investment property contained therein or in such Deposit Account and all funds contained therein, as the case may be, as it may be amended, supplemented or otherwise modified.

 “Copyrights” has the meaning ascribed to such term in the Security Agreement. 
 “Credit Parties” means, collectively, the Borrowers and the Guarantors. 
 “Debt for Borrowed Money” of any Person means, at any date of determination, without duplication, the sum of (a) all items that, in
accordance with GAAP, would be classified as debt on a consolidated balance sheet of such Person at such date and (b) all obligations of such Person under acceptance, letter of credit or similar facilities at such date; provided that,
with 

  

 - 101 - 

 
respect to the Borrower and its Subsidiaries, Debt for Borrowed Money shall exclude, to the extent otherwise included in the items in clause (a)
or (b) above, (i) accounts payable and accrued liabilities in the ordinary course of business of the Borrower and its Subsidiaries, and (ii) notes, bills and checks presented in the ordinary course of business by such Person to
banks for collection or deposit. 
 “Default” means an event which, with the giving of notice or the lapse of time or both,
would constitute an Event of Default. 
 “Defaulting Lender” means a Revolving Defaulting Lender or a Term Defaulting
Lender. 
 “Deposit Account” means a “deposit account” as that term is defined in the UCC. 
 “Disposition” means any transaction, or series of related transactions, pursuant to which any Credit Party conveys, sells, leases or
subleases, licenses, assigns, transfers or otherwise disposes of any part of its business, property or assets (whether now owned or hereafter acquired) to any other Person, in each case whether or not the consideration therefor consists of cash,
Securities or other assets, excluding any sales of Inventory in the ordinary course of business. 
 “Dollar”,
“Dollars” and the symbol “$” each means lawful money of the United States of America. 
 “Domestic
Subsidiary” means any Subsidiary organized under the laws of the United States of America, any State thereof or the District of Columbia. 
 “Dutch Security Document” means the agreement and deed of pledge of shares of Silicon Graphics World Trade B.V. 
 “Eligible Assignee” means (a) a commercial bank organized under the laws of the United States, or any state thereof, and having total assets in excess of two hundred and fifty million Dollars ($250,000,000), (b) a
commercial bank organized under the laws of any other country which is a member of the Organization for Economic Cooperation and Development or a political subdivision of any such country and which has total assets in excess of two hundred and fifty
million Dollars ($250,000,000), provided, however, that such bank is acting through a branch or agency located in the United States, (c) a finance company (other than an entity which is an Affiliate of IBM, Sun Microsystems,
Hewlett Packard, Dell, Inc., or Apple Computer, Inc.), insurance company, or other financial institution or fund that is engaged in making, purchasing, or otherwise investing in commercial loans in the ordinary course of its business and having
(together with its Affiliates and Related Funds) total assets in excess of two hundred and fifty million Dollars ($250,000,000), (d) any Lender or any Affiliate (other than individuals) of a Lender, and (e) during the continuation of an
Event of Default, any other Person approved by the Revolving Agent. 
 “Environmental Actions” means any complaint, summons,
citation, notice, directive, order, claim, litigation, investigation, judicial or administrative proceeding, judgment, letter or other communication from any Governmental Authority or other Person alleging a 

  

 - 102 - 

 
violation of, or liability under, any Environmental Law and Release of Hazardous Materials on, in, at, to, from or under (a) any assets, properties or
businesses of the Borrower or any of its Subsidiaries or any of their respective predecessors in interest and (b) any facilities which received Hazardous Materials generated by the Borrower or any of its Subsidiaries or any of their respective
predecessors in interest. 
 “Environmental Laws” means any federal, state, local or foreign law or regulation relating to
the protection of the environment or health and safety as it relates to any Hazardous Material compliance or exposure, including the Comprehensive Environmental Response, Compensation, and Liability Act (42 U.S.C. § 9601, et
seq.), the Hazardous Materials Transportation Act (49 U.S.C. § 1801, et seq.), the Resource Conservation and Recovery Act (42 U.S.C. § 6901, et seq.), the Federal Clean Water Act
(33 U.S.C. § 1251 et seq.), the Clean Air Act (42 U.S.C. § 7401 et seq.), the Toxic Substances Control Act (15 U.S.C. § 2601 et seq.) and the Occupational Safety
and Health Act (29 U.S.C. § 651 et seq.) as it relates to any Hazardous Material compliance or exposure and any other law, including common law, relating to the environment or health and safety as it relates to any
Hazardous Material compliance or exposure (including, without limitation, laws relating to the storage, generation, use, handling, manufacture, processing, labeling, transportation, treatment, reuse, recycling, release and disposal of Hazardous
Materials) and any environmental requirement or any health or safety requirement as it relates to any Hazardous Material compliance or exposure of any Governmental Authority, as such laws or requirements may be amended or otherwise modified from
time to time, and any other present or future federal, state, provincial, local or foreign statute, ordinance, rule, regulation, order, judgment, decree, permit, license or other binding determination (including the common law) of any Governmental
Authority imposing liability or establishing standards of conduct for protection of the environment. 
 “Environmental Liabilities
and Costs” means all liabilities, monetary obligations, Remedial Actions, losses, damages, punitive damages, consequential damages, treble damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel,
experts and consultants and costs of investigations and feasibility studies), fines, penalties, sanctions and interest incurred as a result of any claim or demand by any Governmental Authority or any third party, and which relate to any violation of
any Environmental Law, environmental condition or any Release of Hazardous Materials from or onto (a) any property presently or formerly owned by the Borrower or any of its Subsidiaries or (b) any facility which received Hazardous
Materials or wastes generated by the Borrower or any of its Subsidiaries but excluding the routine costs and expenses incurred in the ordinary course of maintaining compliance with Environmental Laws. 
 “Environmental Lien” means any Lien in favor of any Person or Governmental Authority for Environmental Liabilities and Costs or
otherwise relating to any Environmental Law. 
 “Equipment” means, with respect to any Person, all of such Person’s now
owned or hereafter acquired right, title, and interest with respect to equipment (including, without limitation, “equipment” as such term is defined in Article 9 of the UCC), machinery, machine tools, motors, furniture,
furnishings, fixtures, vehicles (including motor vehicles), tools, parts, goods (other than consumer goods, farm products, or Inventory), wherever located, including all 

  

 - 103 - 

 
attachments, accessories, accessions, replacements, substitutions, additions, and improvements to any of the foregoing. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended and the regulations promulgated thereunder. References to
sections of ERISA shall be construed also to refer to any successor sections. 
 “ERISA Affiliate” means, with respect to
any Person, any trade or business (whether or not incorporated) which is a member of a group of which such Person is a member and which would be deemed to be a “controlled group” within the meaning of Sections 414(b), (c),
(m) and (o) of the Code. 
 “ERISA Event” means (a) a Reportable Event with respect to any Benefit Plan,
(b) the filing of a notice of intent to terminate a Benefit Plan in a distress termination (as described in Section 4041(c) of ERISA), (c) the institution by the Pension Benefit Guaranty Corporation of proceedings to terminate a
Benefit Plan or Multiemployer Plan, (d) the appointment of a trustee to administer any Benefit Plan under Section 4042 of ERISA, or (e) any event requiring the Borrower or any ERISA Affiliate to provide security to a Benefit Plan
under Section 401(a)(29) of the Code. 
 “Event of Default” has the meaning ascribed to such term in
Section 10.01. 
 “Excluded Asset Dispositions” means with respect to any Credit Party and its Subsidiary:

 (a) any liquidation or sale of Cash Equivalents in the ordinary course of business; 
 (b) any sale, lease, transfer, assignment or other Disposition of assets (other than in connection with any Casualty or Condemnation) to any Person;
provided that the aggregate fair market value of all property disposed of pursuant to this clause (b), when taken together with all other Dispositions pursuant to this clause (b) does not exceed three million
Dollars ($3,000,000) in the aggregate in any Fiscal Year; provided, however, to the extent the aggregate fair market value of all property disposed of pursuant to this clause (b) in any Fiscal Year is less than the amount
permitted hereunder, such amounts may be carried forward into the subsequent Fiscal Years; 
 (c) any disposition of obsolete, worn out or
surplus tangible assets in the ordinary course of business and in a commercially reasonable manner; and 
 (d) any sale, lease or other
transfer of any part of the assets of a Credit Party to any other Credit Party so long as (i) the security interests granted to the Collateral Agent for the benefit of the Secured Creditors pursuant to the Security Documents in such assets
shall remain in full force and effect and perfected (to at least the same extent as in effect immediately prior to such sale, lease or other transfer), (ii) after giving effect to such Disposition, no Default or Event of Default exists and
(iii) such Disposition is on an arm’s-length basis; provided, however, amount not used hereunder may be carried forward into subsequent Fiscal Years. 
  

 - 104 - 

 “Excluded Taxes” means, with respect to the Participating Lenders or any other recipient
of any payment to be made by or on account of any obligation of the Credit Parties hereunder: (a) Taxes imposed on or measured by its overall net income (however denominated), and franchise Taxes imposed on it (in lieu of net income Taxes), by
the jurisdiction (or any political subdivision thereof) under the laws of which such recipient, for tax purposes, is organized or in which its principal office is located or in which it does business or in which its applicable lending office is
located or in which such lending office does business or by reason of any other past, present, or future connection to any jurisdiction (other than any such connection arising solely from the recipient having executed, delivered or performed its
obligations or received a payment under this Agreement or solely because the recipient enforced this Agreement or participated in transactions contemplated by this Agreement); (b) any branch profits taxes imposed by the United States or any
similar tax imposed by any other jurisdiction; and (c) any withholding taxes payable with respect to payments under the Loan Documents under any law (including any law, rule, regulation or treaty or any interpretation or application thereof by
any Governmental Authority or any request, guideline or directive (whether or not having the force of law) by any Governmental Authority) in effect, in the case of a Participating Lender a party to this Agreement as of the Closing Date, on the
Closing Date, or, in the case of an Eligible Assignee or Participant becoming a party to this Agreement or a Participant (as the case may be) after the Closing Date, on the date such Eligible Assignee or Participant becomes a party to this Agreement
or a Participant (as the case may be); except to the extent that such recipient shall be entitled to receive additional amounts from the applicable Borrower with respect to any Taxes pursuant to Section 3.04(a) as limited by
Section 3.05. 
 “Existing Debt” means Indebtedness of the Borrower and its Subsidiaries existing on the Closing
Date. 
 “Existing Owners” means one or more shareholders of the Parent on the Closing Date after giving effect to the Plan
of Reorganization. 
 “Extraordinary Receipts” means any cash received by any Borrower not in the ordinary course of
business (and not consisting of proceeds from the issuance of Capital Stock, debt or disposition of Collateral), including, without limitation, (a) pension plan reversions, (b) judgments, proceeds of settlements or other consideration of
any kind in connection with any cause of action, other than recoveries from avoidance actions and proceeds from litigation awards and settlements with respect to patent infringements, and (c) indemnity payments, but excluding tax refunds
received in connection with or as the result of any settlement, audit, or amendment to any tax return. 
 “Federal Funds
Rate” means, for any period, a fluctuating interest rate equal for each day during such period to the weighted average of the rates on overnight Federal Funds transactions with members of the Federal Reserve System arranged by Federal Funds
brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rate is not so published for any day which is a Business Day, the average of the
quotations for such day on such transactions received by the Administrative Agent from three Federal Funds brokers of recognized standing selected by the Administrative Agent in the exercise of its reasonable discretion. 
  

 - 105 - 

 “Federal Reserve Board” means the Board of the Federal Reserve System or any
Governmental Authority succeeding to its functions. 
 “Fee Letter” means the Fee Letter, dated August 31, 2006,
between the Parent, the Administrative Agent and the Collateral Agent. 
 “Field Examination” has the meaning set forth in
Section 7.04(b). 
 “Fiscal Month” means each fiscal month of the Parent consisting of a four (4) or
five (5) week period. 
 “Fiscal Quarter” means the fiscal quarter of the Parent ending in March, June, September and
December of any Fiscal Year. 
 “Fiscal Year” means the fiscal year of the Parent ending on the last day of the last Fiscal
Month of the Parent. 
 “Flood Hazard Property” means any Real Estate Collateral Asset located in an area designated by the
Federal Emergency Management Agency (or any successor or other applicable Government Authority) as having special flood or mud slide hazards. 
 “Foreign Collection Account” means the foreign accounts listed on lines [21 and 23] of Schedule 5.01(t). 
 “Foreign Subsidiary” means a Subsidiary other than a Domestic Subsidiary. 
 “Forfeiture
Proceeding” means any action, proceeding or investigation affecting the Borrower or any of the Guarantors before any court, governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, or the receipt
of notice by any such party that any of them is a suspect in or a target of any governmental inquiry or investigation which may result in an indictment of any of them or the seizure or forfeiture of any of their respective properties. 
 “Fraudulent Transfer Laws” has the meaning ascribed to such term in Section 11.13. 
 “Funding Date” means, with respect to any Loan, the date of the funding of a Loan. 
 “Funding Partner” shall mean both individually and/or collectively, as the context may require, (A) BAL Global Finance, LLC f/k/a
Fleet Business Credit, LLC f/k/a Fleet Business Credit Corporation, or Banc of America Leasing & Capital, LLC, and (B) Key Bank and National City Capital Corporation (f/k/a Information Leasing Corporation), in each case, party to any
Program Agreements with any of the Borrowers, or any predecessor, successor or assignee of the applicable Funding Partner. The term Funding Partner shall also include any other entity, the inclusion of which within such term is approved by the prior
written consent of the Agents (not to be unreasonably withheld), and who (subject to such approval) shall become party to any Program Agreement with any of the Borrowers, or any successor or assignee thereof. 
  

 - 106 - 

 “GAAP” means generally accepted accounting principles in effect from time to time in the
United States, provided that, for the purpose of the financial amounts and the definitions used herein, “GAAP” shall mean generally accepted accounting principles in effect on the date hereof and consistent with those used in
the preparation of the financial statements, and provided further that, if there occurs after the date of this Agreement any change in GAAP that affects in any material respect the calculation of any financial covenant contained in
Article IX, the Administrative Agent and the Borrowers shall negotiate in good faith an amendment to such financial covenant and any other provision of this Agreement that relates to the calculation of such financial covenant with the
intent of having the respective positions of the Lenders and the Borrowers after such change in GAAP conform as nearly as possible to their respective positions as of the date of this Agreement and, after the execution of any such amendment or
consent by the Required Lenders in connection with any such change in GAAP, “GAAP” shall mean generally accepted accounting principles in effect on the effective date of such amendment or consent. Until any such amendments have been
agreed upon, the covenants in Article IX shall be calculated as if no such change in GAAP has occurred. 
 “GE
Capital” means General Electric Capital Corporation or an Affiliate thereof. 
 “GE SWAP Agreements” means any and
all interest rate or short term currency transactions, agreements or documents now existing or hereafter entered into by a Credit Party or any Subsidiary of a Credit Party (other than an Inactive Subsidiary), arranged by GE Capital and entered into
for the sole purpose of hedging such Credit Party’s or any Subsidiary’s exposure to fluctuations in interest rates or currencies and not for speculative purposes. 
 “Governing Documents” means, (a) with respect to any corporation, (i) the articles/certificate of incorporation (or the
equivalent organizational documents) of such corporation, (ii) the by-laws (or the equivalent governing documents) of the corporation and (iii) any document setting forth the designation, amount and/or relative rights, limitations and
preferences of any class or series of such corporation’s capital stock; and (b) with respect to any general partnership, (i) the partnership agreement (or the equivalent organizational documents) of such partnership and (ii) any
document setting forth the designation, amount and/or relative rights, limitations and preferences of any of the partnership interests; (c) with respect to any limited partnership, (i) the partnership agreement (or the equivalent
organizational documents) of such partnership, (ii) a certificate of limited partnership (or the equivalent organizational documents) and (iii) any document setting forth the designation, amount and/or relative rights, limitations and
preferences of any of the partnership interests; (d) with respect to any limited liability company, (i) the certificate of limited liability (or equivalent filings) of such limited liability company, (ii) the operating agreement (or
the equivalent organizational documents) of such limited liability company, and (iii) any document setting forth the designation, amount and/or relative rights, limitations and preferences of any of such company’s membership interests; and
(e) with respect to any unlimited liability company, (i) the certificate of incorporation (or the equivalent organizational documents) of such unlimited liability company, (ii) the memorandum and articles of association (or the
equivalent governing documents) of such unlimited liability company and (iii) any document setting forth the designation, amount and/or relative rights, limitations and preferences of any class or series of such unlimited liability
company’s Capital Stock. 
  

 - 107 - 

 “Governmental Authority” means the government of the United States of America or any
other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “Guaranteed Obligations” has the meaning ascribed to such term in Section 11.01. 
 “Guarantors” means (a) each Borrower and (b) each of the Borrower’s future Subsidiaries that is required to become a Guarantor hereunder from time to time. 
 “Guaranty” means the guaranty of each of the Guarantors pursuant to Article XI. 
 “Hazardous Materials” means (a) any element, compound or chemical that is regulated under any Environmental Law including any
substance that is defined, listed or otherwise classified as a contaminant, pollutant, toxic pollutant, toxic or hazardous substance, extremely hazardous substance or chemical, hazardous waste, special waste, or solid waste under Environmental Laws;
(b) petroleum and its refined products; (c) polychlorinated biphenyls; (d) any waste exhibiting a hazardous characteristic as defined by applicable Environmental Laws, including, but not limited to, corrosivity, ignitability, toxicity
or reactivity as well as any radioactive or explosive materials; and (e) asbestos-containing materials. 
 “Hedging
Agreement” means any and all interest rate or short term currency transactions, agreements or documents now existing or hereafter entered into by a Credit Party or any Subsidiary of a Credit Party (other than an Inactive Subsidiary) with a
(a) the Administrative Agent or (b) an Affiliate of the Administrative Agent for the purpose of hedging such Credit Party’s or such Subsidiary’s exposure to fluctuations in interest rates or currencies and not for speculative
purposes. 
 “Hedging Agreement Provider” means any Person that enters into a Hedging Agreement with a Credit Party to the
extent such Person is (a) the Administrative Agent or (b) an Affiliate of the Administrative Agent. 
 “Hedging
Obligations” means obligations and liabilities entered into with any Hedging Agreement Provider, owing by any Credit Party under Hedging Agreements. 
 “Highest Lawful Rate” has the meaning ascribed to such term in Section 3.01(c). 
 “Inactive Subsidiaries” means the Subsidiaries listed on Schedule 5.01(dd). 
 “Indebtedness” means, without duplication, with respect to any Person, (a) all indebtedness of such Person for borrowed money; (b) all obligations of such Person for the deferred purchase price of property or
services (other than trade payables incurred in the ordinary course of business irrespective of when paid); (c) all obligations of such Person evidenced by 

  

 - 108 - 

 
bonds, debentures, notes or other similar instruments; (d) all obligations and liabilities of such Person created or arising under any conditional sales
or other title retention agreement with respect to property used and/or acquired by such Person, even though the rights and remedies of the lessor, seller and/or lender thereunder are limited to repossession or sale of such property; (e) all
Capitalized Lease Obligations of such Person; (f) all obligations and liabilities of such Person as an account party, in respect of letters of credit, bankers’ acceptances and similar facilities; (g) all the aggregate mark-to-market
exposure of such Person under Hedging Agreements and GE SWAP Agreements; (h) all Contingent Obligations; (i) all Swap Related Reimbursement Obligations and (j) all obligations referred to in clauses (a) through
(i) of this definition of another Person secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) a Lien upon property owned by such Person, even though such Person has
not assumed or become liable for the payment of such Indebtedness, provided that the amount of Indebtedness of others that constitutes Indebtedness solely by reason of this clause (j) shall not for purposes of this Agreement
exceed the fair market value of the properties or assets subject to such Lien. The Indebtedness of any Person shall include the Indebtedness of any partnership of or joint venture in which such Person is a general partner or a joint venturer that is
required to be consolidated under GAAP to the extent such Person would be liable therefor under applicable law or any agreement or instrument by virtue of such Person’s ownership interest in or other relationship with such entity, except to the
extent the terms of such Indebtedness provide that such Person shall not be liable therefor. 
 “Indemnified Matters” has
the meaning ascribed to such term in Section 13.17(d). 
 “Indemnified Taxes” means all Taxes imposed upon or
with respect to payments from the Credit Parties to the Participating Lenders or any recipient of any payment to be made by or on account of any obligation of the Credit Parties hereunder pursuant to this Agreement, other than Excluded Taxes.

 “Indemnitees” has the meaning ascribed to such term in Section 13.17. 
 “Intellectual Property” has the meaning ascribed to such term in the Security Agreement. 
 “Intellectual Property Appraisal” has the meaning ascribed to such term in Section 4.01(t). 
 “Interest Payment Date” means (a) with respect to (i) any Alternate Base Rate Loan, the last Business Day of each calendar
month, commencing on the first such date to occur after the Closing Date, and (ii) any LIBOR Rate Loan, the last day of each LIBOR Period applicable to such Loan; (b) with respect to the amount of any Loan prepaid, the date of such
prepayment, and (c) with respect to all Loans, the Maturity Date. 
 “Interest Rate” means (a) with respect to the
Term Loans, interest at a rate equal to either, at the Borrower’s option, (i) LIBOR Rate plus the Applicable Margin for Term Loans or (ii) the Alternate Base Rate, plus the Applicable Margin for Term Loans and
(b) with respect to the Revolving Advances, interest at a rate equal to, at the Borrower’s option, (i) the Alternate 

  

 - 109 - 

 
Base Rate plus the Applicable Margin for Revolving Advances or (ii) LIBOR Rate plus the Applicable Margin for Revolving Advances.

 “Inventory” means all Credit Parties’ now owned or hereafter acquired right, title, and interest with respect to
(a) all “inventory” as defined in Article 9 of the UCC and (b) all goods held for sale or lease or to be furnished under contracts of service or so leased or furnished, all raw materials, work in process, finished
goods, and materials used or consumed in the manufacture, packing, shipping, advertising, selling, leasing, furnishing or production of such inventory or otherwise used or consumed in any Credit Party’s business; all goods which are returned to
or repossessed by any Credit Party; and all computer programs embedded in any of the foregoing and all accessions thereto and products thereof (in each case, regardless of whether characterized as inventory under the UCC). 
 “Inventory Appraisal” has the meaning ascribed to such term in Section 7.04(c). 
 “Investment” means, with respect to any Person, (a) any purchase or other acquisition by that Person of Securities, or of a
beneficial interest in Securities, issued by any other Person, (b) any purchase by that Person of all or substantially all of the assets of a business conducted by another Person, (c) any joint venture and (d) any direct or indirect
loan, advance (other than prepaid expenses, accounts receivable, advances and other loans to employees including, without limitation, employee forgivable loans and similar items made or incurred in the ordinary course of business) or capital
contribution by that Person to any other Person, including all Indebtedness owing to such Person arising from a sale of any property or assets by such Person other than in the ordinary course of its business. 
 “IRS” means the Internal Revenue Service or any successor federal tax Governmental Authority. 
 “Joinder Agreement” means a joinder agreement substantially in the form of Exhibit I. Each Hedging Agreement
Provider may from time to time enter into a Joinder Agreement. 
 “Junior Lien DIP Facility” has the meaning ascribed
to such term in the Recitals. 
 “L/C Issuer” has the meaning ascribed to it in Exhibit A. 
 “L/C Sublimit” has the meaning ascribed to it in Exhibit A. 
 “Landlord Consent and Estoppel” means, with respect to any Leasehold Property that constitutes a Real Estate Collateral Asset, a letter,
certificate or other instrument in writing from the lessor under the related Lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord
Consent and Estoppel to be in form and substance reasonably acceptable to the Collateral Agent in its reasonable discretion, but in any event sufficient for the Collateral Agent to obtain a Title Policy with respect to such Mortgage. 
 “Lease” has the meaning ascribed to such term in Section 5.01(o). 
  

 - 110 - 

 “Leasehold Property” means any leasehold interest of any Credit Party as lessee under
any lease of real property, other than any such leasehold interest designated from time to time by Collateral Agent in its sole discretion as not being required to be included in the Collateral. 
 “Lenders” means, collectively, the lenders identified on the signature pages hereof, together with their respective successors and
permitted assigns, each a “Lender”. 
 “Lender-Related Persons” means, with respect to any Lender, such
Lender, together with such Lender’s Affiliates, and the officers, directors, employees, counsel, agents, consultants and attorneys-in-fact of such Lender and such Lender’s Affiliates. 
 “Letter of Credit” means a letter of credit issued by the L/C Issuer (or its designee) or a Person approved by the Revolving Agent as it
may hereafter be amended or replaced from time to time pursuant to the terms of this Agreement or otherwise in form and substance reasonably satisfactory to the L/C Issuer; provided, however, the term shall not include any Swap Related
L/Cs. 
 “Letter of Credit Exposure” means at any time, the sum of (a) the aggregate undrawn amount at such time of all
outstanding Letters of Credit of the L/C Issuer plus (b) the aggregate unpaid amount at such time of all unreimbursed drawings under a Letter of Credit. 
 “Letter of Credit Obligations” means all outstanding obligations incurred by the Revolving Lenders at the request of the Borrowers, whether direct or indirect, contingent or otherwise, due or not due,
in connection with the issuance of Letters of Credit by the Revolving Lenders or another L/C Issuer or the purchase of a participation as set forth in Exhibit A with respect to any Letter of Credit. The amount of such Letter of Credit
Obligations shall equal the maximum amount that may be payable under Letters of Credit at such time or at any time thereafter by the Revolving Lenders thereupon or pursuant thereto. 
 “LIBOR Period” means, with respect to any LIBOR Rate Loan, the period commencing on the date of the making of such LIBOR Rate Loan (or
the continuation of a LIBOR Rate Loan or the conversion of a Base Rate Loan to a LIBOR Rate Loan) and ending one, two or three months thereafter; and provided that the foregoing provisions are subject to the following: 
 (a) if any LIBOR Period pertaining to a LIBOR Rate Loan would otherwise end on a day that is not a Business Day, such LIBOR Period shall be extended to
the next succeeding Business Day unless the result of such extension would be to carry such LIBOR Period into another calendar month, in which event such LIBOR Period shall end on the immediately preceding Business Day; 
 (b) any LIBOR 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 LIBOR Period) shall end on the last Business Day of the relevant calendar month; and 
  

 - 111 - 

 (c) any LIBOR Period in respect of any Loan that would otherwise extend beyond the Maturity Date shall
end on the Maturity Date. 
 “LIBOR Rate” means for each LIBOR Period, a rate of interest determined by the Revolving Agent
equal to: 
 (a) the offered rate for deposits in United States Dollars for the applicable LIBOR Period that appears on Telerate
Page 3750 as of 11:00 a.m. (London time), on the second full Business Day next preceding the first day of such LIBOR Period (unless such date is not a Business Day, in which event the next succeeding Business Day will be used); divided by

 (b) a number equal to 1.0 minus the aggregate (but without duplication) of the rates (expressed as a decimal fraction) of reserve
requirements in effect on the day that is two (2) Business Days prior to the beginning of such LIBOR Period (including basic, supplemental, marginal and emergency reserves under any regulations of the Federal Reserve Board or other Governmental
Authority having jurisdiction with respect thereto, as now and from time to time in effect) for Eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Federal Reserve Board) that are required to be
maintained by a member bank of the Federal Reserve System. 
 If such interest rates shall cease to be available from Telerate News Service
(or its successor satisfactory to Administrative Agent), the LIBOR Rate shall be determined from such financial reporting service or other information as shall be mutually acceptable to the Revolving Agent and Borrower Representative. 
 “LIBOR Rate Loans” means Loans which bear interest at a rate determined by reference to the LIBOR Rate. 
 “Lien” means any lien, security interest or other encumbrance of any kind, or any other type of preferential arrangement which has the
effect of a lien or security interest, including, without limitation, the lien or retained security title of a conditional vendor and any easement, right of way or other encumbrance on title to real property. 
 “Loans” means, collectively, the Revolving Advances, the Letters of Credit and the Term Loans. 
 “Loan Documents” means this Agreement, the Notes, the Security Documents and all other agreements, instruments, and other documents
executed and delivered by any Credit Party pursuant hereto or thereto or otherwise evidencing or securing any Loan, in each case, excluding any Hedging Agreements. 
 “Material Adverse Effect” means a material adverse effect on (a) the business, operations, properties, assets, conditions (financial or otherwise) or prospects of the Parent and its Subsidiaries
taken as a whole, (b) the ability of the Credit Parties to perform their obligations hereunder or under any of the other Loan Documents or (c) the rights and remedies of any Agent or any Lender hereunder or under any other Loan Document.

 “Maturity Date” means with respect to the Loans, October 17, 2011. 
  

 - 112 - 

 “Minimum Liquidity” means cash or Cash Equivalents held in Cash Management Accounts or
other Accounts subject to a Control Agreement in the United States plus the Available Commitments. 
 “Moody’s”
means Moody’s Investors Service and any successor thereto. 
 “Mortgages” means the mortgages, deeds of trust and/or
assessments and other similar security instruments with respect to Real Estate Assets executed and delivered by a Credit Party in favor of the Collateral Agent, in form and substance reasonably satisfactory to the Collateral Agent, as the same may
be amended, modified and otherwise supplemented from time to time. 
 “Multiemployer Plan” means a “multiemployer
plan” as defined in Section 4001(a)(3) of ERISA to which the Borrower or its Subsidiaries or any of their ERISA Affiliates has contributed, or has been obligated to contribute, at any time during the preceding six years, or has
liability. 
 “Net Cash Proceeds” means cash or cash equivalents received by a Credit Party or any Subsidiary of a Credit
Party from time to time in connection with a Disposition (whether as initial consideration, through the payment of deferred consideration, the release of any reserve taken in connection with such Dispositions, or the release or adjustment of any
provision for Taxes in connection with such Disposition) other than any Excluded Asset Disposition, after deducting therefrom only (a) the principal amount of any Indebtedness of such Credit Party secured by any Permitted Encumbrance on any
asset that is the subject of the Disposition (other than Indebtedness assumed by the purchaser of such asset) which is required to be, and is, repaid in connection with such Disposition (other than Indebtedness under this Agreement),
(b) reasonable fees and expenses related thereto reasonably incurred by such Credit Party in connection therewith and (c) a provision for any Taxes to be paid or reasonably estimated to be payable, in connection with such Disposition
(after taking into account any tax credits or deductions and any tax sharing arrangements); provided, however, in the event that a Credit Party or any Subsidiary is required to take a reserve in accordance with GAAP against any
contingent liabilities associated with such Disposition, such Credit Party or Subsidiary may deduct from the Net Cash Proceeds received from such Disposition an amount equal to such reserve; provided, further, upon the release of such
reserves or the determination that such reserves are no longer necessary, such amounts shall be considered Net Cash Proceeds and applied to the prepayment of Loans in accordance with Section 2.02(a)(i). 
 “Net Casualty/Condemnation Proceeds” means, with respect to any Casualty or Condemnation, the amount of any insurance proceeds or
condemnation awards received by a Credit Party from time to time in connection with such Casualty or Condemnation (net of all reasonable fees and expenses related thereto reasonably incurred by such Credit Party in connection therewith), but
excluding any proceeds or awards of errors and omissions insurance; provided, however, in the event that a Credit Party or any Subsidiary is required to take a reserve in accordance with GAAP against any contingent liabilities
associated with such Casualty or Condemnation, such Credit Party or Subsidiary may deduct from the Net Cash Proceeds received from such Casualty or Condemnation an amount equal to such reserve; provided, however, in the event that a
Credit Party or any Subsidiary is required to take a reserve in accordance with 

  

 - 113 - 

 
GAAP against any contingent liabilities associated with such Casualty or Condemnation , such Credit Party or Subsidiary may deduct from the Net
Casualty/Condemnation Proceeds received from such Casualty or Condemnation an amount equal to such reserve; provided, further, upon the release of such reserves or the determination that such reserves are no longer necessary, such
amounts shall be considered Net Cash Proceeds and applied to the prepayment of Loans in accordance with Section 2.02(a)(ii). 
 “Net Income” means, with respect to any Person and its consolidated Subsidiaries, for any period, the net income (loss) of such Person and its consolidated Subsidiaries for such period, determined on a consolidated basis in
accordance with GAAP, but in any case, excluding (a) income (or deficit) of any Person accrued prior to the date it became a Subsidiary of, or was merged or consolidated into, such Person or any of such Person’s Subsidiaries;
(b) income (or deficit) of any Person (other than a Subsidiary) in which such Person has an ownership interest, except to the extent any such income has actually been received by such Person in the form of cash dividends or distributions;
(c) the undistributed earnings of any Subsidiary of such Person to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary is not at the time permitted by the terms of any contractual obligation or
requirement of law applicable to such Subsidiary; (d) any restoration to income of any contingency reserve, except to the extent that provision for such reserve was made out of income accrued during such period; (e) any net gain
attributable to the write-up of any asset; (f) any net gain from the collection of life insurance policies; (g) any net gain arising from the acquisition of any securities, or the extinguishment of any Indebtedness of such Person or any of
its Subsidiaries; and (h) any deferred credit representing the excess of equity in any Subsidiary of such Person at the date of acquisition of such Subsidiary over the cost to such Person of the investment in such Subsidiary. 
 “Non-Consenting Lender” has the meaning ascribed to such term in Section 13.03(a)(i). 
 “Non Material Leasehold Property” means any Leasehold Property with respect to which a Credit Party has an obligation to pay annual base
rent of $1,000,000 or less after the expiration of any rent abatement or free rent period. 
 “Non-U.S. Lender” has the
meaning ascribed to such term in Section 2.05(e)(i). 
 “Note” has the meaning ascribed to such term in
Section 1.07(a). 
 “Notice of Borrowing” means a notice substantially in the form of Exhibit B
attached hereto and made a part hereof. 
 “Notice of Conversion/Continuation” means a notice substantially in the form of
Exhibit E attached hereto and made a part hereof. 
 “Obligations” means all Loans, advances, debts,
liabilities, obligations, Hedging Obligations, covenants and duties, owing by any Credit Party to the Administrative Agent, the Collateral Agent, any Lender, any Affiliate of any Lender, any Hedging Agreement Provider, GE Capital or any Person
entitled to indemnification pursuant to Section 13.17 of this Agreement, of any kind or nature, present or future, whether or not evidenced by any note, guaranty or other 

  

 - 114 - 

 
instrument, whether or not for the payment of money, whether arising by reason of an extension of credit, loan, guaranty, indemnification, interest rate
contract, foreign exchange contract or in any other manner, whether direct or indirect (including those acquired by assignment), absolute or contingent, due or to become due, but in all such circumstances only to the extent now existing or hereafter
arising or however acquired, arising under or in connection with this Agreement, the Notes or any other Loan Document. The term includes all interest other than Default Interest (including any interest that, but for the provisions of the Bankruptcy
Code, would have accrued), Swap Related Reimbursement Obligations, charges, expenses, fees, attorneys’ fees and disbursements and any other sum chargeable to the Credit Parties under this Agreement, the Notes or any other Loan Document or any
Hedging Agreement. 
 “Officer’s Certificate” has the meaning ascribed to such term in Section 6.01(d)(i).

 “Operating Lease” means, as applied to any Person, any lease (including leases that may be terminated by the lessee at
any time) of any property (whether real, personal or mixed) that is not a Capitalized Lease other than any such lease under which that Person is the lessor. 
 “Other Lender” has the meaning ascribed to such term in Section 13.03(b). 
 “Other Taxes” has the meaning ascribed to such term in Section 2.05(b). 
 “Owned Intellectual
Property” has the meaning ascribed to such term in Section 5.01(u). 
 “Parent” has the meaning
ascribed to such term in the introductory paragraph hereto. 
 “Participant” has the meaning ascribed to such term in
Section 13.09(e). 
 “Participating Lender” means, individually and collectively, each of the Lenders and the
L/C Issuer. 
 “Participating Lender Expenses” means all: 
 (a) costs or expenses (including taxes, and insurance premiums) required to be paid by a Credit Party or its Subsidiaries under any of the Loan Documents
that are paid, advanced, or incurred by the Participating Lenders or the Agents; 
 (b) reasonable fees or charges paid or incurred by any
Agent in connection with the Participating Lenders’ transactions with the Credit Parties or their Subsidiaries, including fees or charges for photocopying, notarization, couriers and messengers, telecommunication, public record searches
(including tax lien, litigation, and Uniform Commercial Code searches, searches with the patent and trademark office, or the copyright office), filing, recording, publication, to the extent of the fees and charges (and up to the amount of any
limitation) contained in the Loan Documents, real estate surveys, real estate title policies 

  

 - 115 - 

 
and endorsements, and environmental audits, Field Examinations, Intellectual Property Appraisals, Inventory Appraisals and Real Estate Appraisals;

 (c) reasonable costs and expenses incurred by any Agent or any Participating Lender in the disbursement of funds to the Borrower or any
Participating Lender (by wire transfer or otherwise); 
 (d) charges paid or incurred by any Agent resulting from the dishonor of checks;

 (e) reasonable costs and expenses paid or incurred by an Agent or the Participating Lenders to correct any default or enforce any
provision of the Loan Documents, or in gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale, or advertising to sell the Collateral, or any portion thereof, irrespective of whether a sale is
consummated; 
 (f) audit fees and expenses of each of the Agents related to any inspections or audits to the extent of the fees and charges
(and up to the amount of any limitation) contained in the Agreement; 
 (g) reasonable costs and expenses of third party claims or any other
suit paid or incurred by any one or more of the Participating Lenders in enforcing or defending the Loan Documents or in connection with the transactions contemplated by the Loan Documents or the relationship of any one or more of the Participating
Lenders with any Credit Party or any Subsidiary of a Credit Party; 
 (h) the Administrative Agent’s reasonable costs and expenses
(including attorneys’ fees) incurred in advising, structuring, drafting, reviewing, administering, syndicating, or amending the Loan Documents; and 
 (i) each Agent’s and each Participating Lender’s reasonable costs and expenses (including attorneys’, accountants’, consultants’, and other advisors’ fees and expenses) incurred in
terminating, enforcing, or defending the Loan Documents, irrespective of whether suit is brought, or in taking any Remedial Action concerning the Collateral. 
 “Patent” shall have the meaning ascribed to such term in the Security Agreement. 
 “Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Title III of Pub. L. No. 107-56 (signed into law
October 26, 2001). 
 “Patriot Act Related Requirements” means the Patriot Act, the Trading with the Enemy Act,
the International Emergency Economic Powers Act, the International Security and Development Cooperation Act, the Export Administration Act, the Arms Export Control Act and similar statutes administered by the Office of Foreign Assets Control or the
U.S. Bureau of Export Administration and the regulations promulgated under such statutes. 
 “Permits” has the meaning
ascribed to such term in Section 5.01(m). 
  

 - 116 - 

 “Permitted Accounts” means all domestic Deposit Accounts and Securities Accounts (other
than zero-balance Accounts), which are subject to a Control Agreement. 
 “Permitted Encumbrances” means: 
 (a) Liens imposed by law for unpaid utilities and taxes, assessments or governmental charges or levies that are not yet due and payable or that are being
contested in a Permitted Protest; 
 (b) landlords’, carriers’, warehousemen’s, mechanics’, materialmen’s,
repairmen’s and other like Liens imposed by law, arising in the ordinary course of business and securing obligations that are not overdue by more than thirty (30) days or that are being contested in a Permitted Protest; 
 (c) pledges and deposits made in the ordinary course of business in compliance with workers’ compensation, unemployment insurance and other social
security or employment laws or regulations or similar legislation or to secure public, statutory or regulatory obligations; 
 (d) deposits
to secure the performance of bids, trade contracts, government contracts, leases, statutory or regulatory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in each case in the ordinary course of
business; 
 (e) easements, zoning restrictions, rights-of-way and similar encumbrances on a Real Estate Asset imposed by law or granted in
the ordinary course of business that do not materially interfere with or impair the use or operation of such Real Estate Asset; 
 (f) Liens
existing on the Closing Date and listed on Schedule 8.01 hereto or in a Title Policy delivered to and accepted by the Agents with respect to the Collateral insured thereby; 
 (g) Liens securing the Obligations created by the Security Documents; 
 (h) Liens securing judgments entered after the date hereof for the payment of money not constituting a Default under Section 10.01(j) or securing appeal or other surety bonds relating to such judgments;

 (i) Liens securing indebtedness permitted pursuant to paragraph (c) of the definition of Permitted Indebtedness below;
provided, however, the value of all assets subject to liens granted pursuant hereto shall not exceed two million Dollars ($2,000,000) in the aggregate; and 
 (j) Liens on insurance premiums in favor of AFCO Premium Acceptance, Inc. or another insurance lender, securing Indebtedness permitted by Section 8.01 in an aggregate amount not to exceed three million
Dollars ($3,000,000). 
  

 - 117 - 

 “Permitted Indebtedness” means: 
 (a) the Indebtedness existing on the Closing Date and listed on Schedule 8.02 and any Permitted Refinancing of such Indebtedness; 
 (b) Indebtedness of any Credit Party or any Subsidiary of a Credit Party (other than an Inactive Subsidiary) under (i) this Agreement,
(ii) other Loan Documents and (iii) Hedging Agreements; 
 (c) purchase money indebtedness and Capital Lease Obligations incurred
after the Closing Date; provided that (i) the aggregate amount of all such Indebtedness does not exceed two million five hundred thousand Dollars ($2,500,000) at any time outstanding, (ii) the Indebtedness when incurred shall not be more
than 100% of the lesser of the cost or the fair market value as of the time of acquisition of the asset financed, (iii) such Indebtedness is issued and any Liens securing such Indebtedness are created within 90 days after the acquisition of the
asset financed and (iv) no Lien securing such Indebtedness shall extend to or cover any property or asset other than the asset so financed; 
 (d) contingent liabilities in respect of any indemnification, adjustment of purchase price, non-compete, consulting, deferred compensation and similar obligations incurred in connection with any Disposition permitted hereunder; 

(e) Indebtedness owed to a Credit Party, which Indebtedness shall (i) constitute Pledged Debt and (ii) be otherwise permitted under the
provisions of Section 8.07 hereunder; 
 (f) Indebtedness arising from the honoring by a bank or other financial institution of a
check, draft or similar instrument of any Credit Party or any Subsidiary of a Credit Party drawn against insufficient funds in the ordinary course of business, provided that the aggregate amount of all such Indebtedness does not exceed two
hundred fifty thousand Dollars ($250,000) at any time outstanding; 
 (g) Indebtedness under performance bonds, surety bonds and letter of
credit obligations to provide security for worker’s compensation claims, in each case, incurred in the ordinary course of business; 
 (h) Indebtedness of Foreign Subsidiaries comprising performance guaranties issued on behalf of any Foreign Subsidiary in the ordinary course of business, which are fully cash collateralized and in an aggregate amount at any time outstanding
not to exceed thirty million Dollars ($30,000,000); 
 (i) Indebtedness incurred solely for the purpose of financing Insurance Premiums
pursuant to a premium finance agreement by and among the Borrowers and AFCO Premium Finance, Inc. or another insurance lender in an aggregate principal amount not to exceed three million Dollars ($3,000,000); 
 (j) unsecured Indebtedness of all Foreign Subsidiaries (other than Indebtedness described in clause (h) of this definition) in an aggregate
principal amount at any time outstanding not to exceed three million Dollars ($3,000,000); 
  

 - 118 - 

 (k) Indebtedness that constitutes a Permitted Investment of the obligee pursuant to clauses (e),
(f) and (g) of the definition thereof; and 
 (l) Indebtedness under GE SWAP Agreements. 
 “Permitted Investments” means: 
 (a) (i) cash or Cash Equivalents in Securities Accounts or Deposit Accounts with respect to which a Control Agreement has been executed and delivered, (ii) cash or Cash Equivalents in Securities Accounts or Deposit Accounts
maintained by Foreign Subsidiaries and (iii) cash held in the Foreign Collection Account; 
 (b) Investments in negotiable instruments
for collection; 
 (c) advances made in connection with purchases of goods or services in the ordinary course of business; 
 (d) Investments (including obligations owing under Indebtedness) received in connection with the bankruptcy or reorganization of suppliers and customers
and in settlement of delinquent obligations of, and other disputes with, customers and suppliers arising in the ordinary course of business; 
 (e) Investments by any Foreign Subsidiary in another Foreign Subsidiary or in a Credit Party; 
 (f) Investments existing on the
date hereof in Persons which are Subsidiaries of such Credit Party on the Closing Date; 
 (g) Investments in Foreign Subsidiaries of the
Borrowers provided that such investments are subject to an aggregate amount per Fiscal Quarter not to exceed the lesser of (i) the aggregate amount of quarterly cash repatriated by all Foreign Subsidiaries during such Fiscal Quarter (to
the extent separately identified and reported) and (ii) ten million Dollars ($10,000,000); 
 (h) receivables or trade credits created
or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms; 
 (i) Investments
consisting of non-cash consideration received from the purchaser of assets in connection with a sale of such assets in an aggregate amount not to exceed two million Dollars ($2,000,000); and 
 (j) Investments in “Contracts” assigned by any of the Borrowers to any Funding Partners and the goods, equipment, payments, guaranties and
proceeds related to any of such Contracts in favor of the Funding Partners, in each case solely to the extent sold, conveyed, pledged, assigned or transferred pursuant to the Program Agreements among any of the Borrowers and each separate Funding
Partner. 
  

 - 119 - 

 “Permitted Protest” means the right of a Person to protest any Lien (other than any such
Lien that secures all or any portion of the Obligations) or taxes, provided that (a) a reserve with respect to such obligation is established, if required, by such Person in such amount as is required under GAAP and (b) any such
protest is instituted promptly and prosecuted diligently and in good faith by such Person. 
 “Permitted Refinancing” means,
with respect to any Person, any modification, refinancing, refunding, renewal or extension of any Indebtedness of such Person; provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the
principal amount (or accreted value, if applicable) of the Indebtedness so modified, refinanced, refunded, renewed or extended at the time of such Permitted Refinancing except by an amount equal to any premium or other similar amount paid, and fees
and expenses incurred, in connection with such modification, refinancing, refunding, renewal or extension, (b) such modification, refinancing, refunding, renewal or extension has a final maturity date equal to or later than the final maturity
date of the Indebtedness being modified, refinanced, refunded, renewed or extended, (c) none of the Credit Parties and their Subsidiaries not previously directly or contingently obligated on the applicable Indebtedness becomes directly or
contingently obligated thereunder as a result of such Permitted Refinancing and (d) if the Indebtedness being modified, refinanced, refunded, renewed or extended is subordinated in right of payment to the Obligations, such modification,
refinancing, refunding, renewal or extension is subordinated in right of payment to the Obligations on subordination terms at least as favorable to the Lenders, taken as a whole, as those contained in the documentation governing the Indebtedness
being modified, refinanced, refunded, renewed or extended, as determined by the board of directors of such Person. 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 
 “Petition Date” has the meaning ascribed to such term in the Recitals. 
 “Plan” means any “employee benefit plan”, as defined in Section 3(3) of ERISA. 
 “Plan of Reorganization” means the First Amended Joint Plan of Reorganization under Chapter 11 of the Bankruptcy Code, dated
July 27, 2006, as modified which has been filed by the Parent and the other parties identified as “Debtors” in the Plan of Reorganization and confirmed by the court in jointly administered Case No. 06-109777 (BRL) in the
United States Bankruptcy Court for the Southern District of New York by order dated September 19, 2006. 
 “Pledge
Agreement” means the Pledge Agreement, dated as of the date hereof, among the Borrowers, the other pledgors identified therein and the Collateral Agent, as such agreement may be amended, supplemented or otherwise modified from time to time
in accordance therewith and herewith. 
 “Pledged Debt” has the meaning ascribed to such term in the Pledge Agreement.

 “Post-Petition Loan Agreement” has the meaning ascribed to such term in the Recitals. 
 “Prepayment Premium” has the meaning ascribed to such term in Section 2.03(a). 
  

 - 120 - 

 “Program Agreements” means (a) that certain “without recourse purchase
agreement dated February 26, 2004” and “amended and restated lease program agreement dated August 31, 2001” and (b) that certain “without recourse purchase agreement dated May 13, 2004” and
“without recourse repurchase agreement dated March 8, 2004”, between any of the Borrowers and any of the Funding Partners, as previously amended and in effect as of the date hereof, and as may be amended from time to time
hereafter with the prior written consent of the Administrative Agent. The term Program Agreement shall also include any similar agreement with a Funding Partner who is approved, and the Program Agreement applicable thereto is approved, with the
prior written consent of the Agents (not to be unreasonably withheld). 
 “Property” means any right or interest in or to
property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible. 
 “Pro Rata Share”
means (a) with respect to any Revolving Lender, the percentage obtained by dividing the Revolving Commitment of such Revolving Lender at such time by the Total Revolving Commitment at such time and (b) with respect to any
Term Lender, the percentage obtained by dividing such Term Lender’s exposure under the Term Loan by the aggregate exposure under the Term Loan of all Term Lenders. The initial Pro Rata Shares are set out on Schedule B.

 “Protective Advance” has the meaning ascribed to such term in Section 1.05. 
 “Rating Agencies” means Moody’s and S&P, or if either of such Persons cease to perform credit ratings or other applicable
services, such nationally recognized statistical rating organization the Administrative Agent may select. 
 “Real Estate
Appraisal” has the meaning ascribed to such term in Section 4.01(v)(i). 
 “Real Estate Asset” means
any real property, or any direct or indirect interest in any real property, in which any Credit Party has a fee, leasehold or other interest. 
 “Real Estate Collateral Asset” means any Real Estate Asset that is subject to a Mortgage or is required to be subject to a Mortgage. 
 “Registered Intellectual Property” means all Intellectual Property that has been registered with, filed in or issued by, as the case may be, the United States Patent and Trademark Office or such other
similar filing offices, domestic or foreign, as applicable. 
 “Regulation T”, “Regulation U”,
and “Regulation X” mean, respectively, Regulations T, U, and X of the Federal Reserve Board or any successor, as the same may be amended or supplemented from time to time. 
 “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees,
agents and advisors of such Person and of such Person’s Affiliates. 
  

 - 121 - 

 “Release” means any spilling, leaking, pumping, pouring, emitting, emptying,
discharging, injecting, escaping, leaching, seeping, migrating, dumping or disposing of any Hazardous Material (including the abandonment or discarding of barrels, containers and other closed receptacles containing any Hazardous Material) into the
workplace environment, including ambient air, soil, surface or ground water. 
 “Remedial Action” means all actions taken to
(a) clean up, remove, remediate, contain, treat, monitor, assess, evaluate or in any other way address Hazardous Materials in the workplace environment; (b) prevent or minimize a Release or threatened Release of Hazardous Materials so they
do not migrate or endanger or threaten to endanger public health or welfare or the indoor or outdoor environment; (c) perform pre-remedial studies and investigations and post-remedial operation and maintenance activities; or (d) any other
actions authorized by 42 U.S.C. § 9601. 
 “Reportable Event” means any of the events described in
Section 4043(c) of ERISA or the regulations thereunder other than a Reportable Event as to which the provision of thirty (30) days’ notice to the Pension Benefit Guaranty Corporation is waived under applicable regulations. 

“Required Lenders” means the Required Revolving Lenders and the Required Term Lenders. 
 “Required Revolving Lenders” means, at any time, collectively, (i) the Revolving Lenders having more than 50% of the Total
Revolving Commitments or (ii) if the Revolving Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Aggregate Exposure. 
 “Required Term Lenders” means, at any time, Term Lenders having more than 50% of the aggregate outstanding amount of the Term Loans. 
 “Requirements of Law” means, as to any Person, the charter and by-laws or other organizational or Governing Documents of such Person,
and any law, ordinance, rule, regulation, requirement, or determination of an arbitrator or a court or other 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, including, without limitation, the Patriot Act Related Requirements, the Securities Act, the Securities Exchange Act, Regulations T, U and X, ERISA, the Internal Revenue Code, the Fair Labor Standards Act and any
certificate of occupancy, zoning ordinance, building, environmental or land use requirement or Permit or environmental, labor, employment, occupational safety or health law, rule or regulation. 
 “Reserve Amount” means the amount of reserves against availability established by the Revolving Agent pursuant to
Section 1.01(a). 
 “Responsible Officer” means the chief financial officer or treasurer of the Parent.

 “Restricted Material” has the meaning ascribed to such term in Section 13.21. 
  

 - 122 - 

 “Restricted Payments” means, with respect to any Person, (a) any dividend or other
distribution, direct or indirect, on account of any shares of any class of Capital Stock of, partnership interest of or other equity interest of, such Person, now or hereafter outstanding, except a dividend or distribution payable solely in shares
of that class of stock or in any junior class of stock to the holders of that class, (b) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of any shares of any class of
capital stock of, partnership interest of or other equity interest of, such Person now or hereafter outstanding, (c) any payment or prepayment of principal of, premium, if any, or interest, fees or other charges on or with respect to, and any
redemption, purchase, retirement, defeasance, sinking fund or similar payment and any claim for rescission with respect to any Indebtedness which is subordinated to the Obligations and (d) any payment made to redeem, purchase, repurchase or
retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of Capital Stock of, partnership interest of or other equity interest of, such Person now or hereafter outstanding. 

“Restricted Period” has the meaning ascribed to such term in Section 13.21. 
 “Restructuring Charges” means (a) fees, costs and expenses of bankruptcy counsel, financial advisors and other restructuring
professionals incurred by the Borrowers in connection with the Chapter 11 Cases, (b) extraordinary, unusual or non-recurring charges for such period for severance, restructuring costs or goodwill impairment plus all non-cash
amounts in any period of four fiscal quarters, (c) forgiveness of indebtedness income, and (d) non-cash expenses resulting from the grant of stock options or other equity related incentives to any current or former director, officer or
employee of the Borrowers and any other “restructuring charge” as defined in GAAP. 
 “Revolving Advance” has
the meaning ascribed to such term in Section 1.01(a). 
 “Revolving Agent” has the meaning ascribed to such term
in the introductory paragraph hereto. 
 “Revolving Commitment” means, with respect to any Revolving Lender, the obligation
of such Revolving Lender at such time to make Revolving Advances pursuant to the terms and conditions of this Agreement. The Initial Revolving Commitments of each Lender are set forth in Schedule B. 
 “Revolving Defaulting Lender” has the meaning ascribed to such term in Section 1.01(d). 
 “Revolving Lender” means a Lender that has a Revolving Commitment and/or that has an outstanding Revolving Advance. 
 “Revolving Register” has the meaning ascribed to such term in Section 13.09(d). 
 “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc. and any successor
thereto. 
  

 - 123 - 

 “Scheduled Intellectual Property Collateral” has the meaning ascribed to such term in
Section 5.01(u). 
 “SEC” means the Securities and Exchange Commission or any other similar or successor agency of
the Federal government administering the Securities Act. 
 “Secured Creditors” has the meaning ascribed to such term in the
Security Agreement. 
 “Securities” means any Capital Stock, shares, voting trust certificates, bonds, debentures, notes,
loans or other evidences of indebtedness, secured or unsecured, convertible, subordinated or otherwise, or any certificates of interest, shares or participations in temporary or interim certificates for the purchase or acquisition of, or any right
to subscribe to, purchase or acquire any of the foregoing, but shall not include the Obligations. 
 “Securities Account”
shall have the meaning provided in Section 8-501(a) of the UCC. 
 “Securities Act” means the Securities Act of 1933,
as amended, or any successor Federal statute, and the rules and regulations of the SEC thereunder, all as the same shall be in effect at the time. 
 “Securities Exchange Act” means the Securities Exchange Act of 1934, as amended or any successor Federal statute, and the rules and regulations of the SEC thereunder, all as the same shall be in effect at the time.

 “Securitization” means a public or private offering by a Lender or any of its Affiliates or their respective successors
and assigns of Securities which represent an interest in, or which are collateralized in whole or in part by, the Loans. 
 “Security
Agreement” means the Security Agreement, dated as of the date hereof, among the Borrower, the other assignors identified therein and the Collateral Agent, as such agreement may be amended, supplemented or otherwise modified from time to
time in accordance therewith and herewith. 
 “Security Documents” means the Security Agreement, the Pledge Agreement, the
UCC financing statements, the Mortgages, the Control Agreements, the Cash Management Agreements, the Dutch Security Document and any other documents granting a Lien upon the Collateral as security for all or any part of the Obligations. 

“Senior Officer” means, with respect to any Credit Party, such Credit Party’s president, chief executive officer, chief
administrative officer, chief financial officer, managing director or chief accounting officer. 
 “Software” shall have the
meaning ascribed to such term in the Security Agreement. 
  

 - 124 - 

 “Solvent” or “Solvency” with respect to any person means (a) the
fair value of the property of such person exceeds its total liabilities (including, without limitation, contingent liabilities), (b) the present fair saleable value of the assets of such person is not less than the amount that will be required
to pay its probable liability on its existing debts as they become absolute and matured, (c) such person does not intend to incur debts or liabilities beyond its ability to pay, as such debts and liabilities mature, and (d) such person is
not engaged, and is not about to engage, in business or a transaction for which its property would constitute an unreasonably small capital. The amount of contingent liabilities at any time shall be computed as the amount that, in the 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. 
 “Subsidiary” means, with respect to any Person at any date, any corporation, limited or general partnership, limited liability company, trust, association or other entity (a) the accounts of which would be consolidated
with those of such Person in such Person’s consolidated financial statements if such financial statements were prepared in accordance with GAAP or (b) of which more than 50% of (i) the outstanding Capital Stock having (in the absence
of contingencies) ordinary voting power to elect a majority of the board of directors of such corporation, (ii) the interest in the capital or profits of such partnership or limited liability company or (iii) the beneficial interest in
such trust or estate is, at the time of determination, owned or controlled directly or indirectly through one or more intermediaries, by such Person. 
 “Survey” has the meaning ascribed to such term in Section 4.01(v)(v). 
 “Swap Related L/C” means a letter of credit or other credit enhancement provided by GE Capital to the extent supporting the payment obligations by any Borrower under an interest rate protection or hedging agreement or
transaction (including, but not limited to, interest rate swaps, caps, collars, floors and similar transactions) designed to protect or manage exposure to the fluctuations in the interest rates applicable to any of the Loans, and which agreement or
transaction a Borrower entered into as the result of a specific referral pursuant to which GE Capital, GE Corporate Financial Services, Inc. or any other Affiliate of GE Capital had arranged for Borrower to enter into such agreement or transaction.
The term includes a Swap Related L/C as it may be increased from time to time fully to support Borrower’s payment obligations under any and all such interest rate protection or hedging agreements or transactions. 
 “Swap Related Reimbursement Obligation” has the meaning ascribed to it in Section 1.12. 
 “Syndication Agent” has the meaning ascribed to such term in the introductory paragraph. 
 “Taxes” means any and all present or future taxes, levies, imposts, deductions, charges or withholdings imposed by any Governmental
Authority. 
 “Term Defaulting Lender” has the meaning ascribed to such term in Section 1.03(d). 
 “Term Lender” means a Lender that has a Term Loan Commitment outstanding and/or an outstanding Term Loan. 
  

 - 125 - 

 “Term Loan” has the meaning ascribed to such term in Section 1.03(a).

 “Term Loan Commitment” means, with respect to any Lender, the obligation of such Lender at such time to make a Term Loan
pursuant to the terms and conditions of this Agreement. 
 “Term Register” has the meaning ascribed to such term in
Section 13.09(d). 
 “Threshold Equipment” means, as of the date of determination, no less than 80% of the
Borrowers’ Equipment, as measured by book value, other than demonstration systems. 
 “Threshold Inventory” means, as
of the date of determination, no less than 80% of the Borrowers’ Inventory, as measured by book value, other than demonstration systems. 
 “Title Company” has the meaning ascribed to such term in Section 4.01(v)(iv). 
 “Title
Policy” has the meaning ascribed to such term in Section 4.01(v)(iv). 
 “Total Leverage Ratio” means,
as of any date of determination, 
 (a) as of December 29, 2006, the ratio of (i) Consolidated Total Debt as of on such date
to (ii) the Parent’s Consolidated EBITDA for the quarterly period ending on December 29, 2006 multiplied by four (4); 
 (b) as of March 30, 2007, the ratio of (i) Consolidated Total Debt as of on such date to (ii) the Parent’s Consolidated EBITDA for the six-month period ending on March 30, 2007 multiplied by two (2);

 (c) as of June 29, 2007, the ratio of (i) Consolidated Total Debt as of on such date to (ii) the Parent’s
Consolidated EBITDA for the nine-month period ending on June 29, 2007 multiplied by four (4) and divided by three (3); and 
 (d) as of September 28, 2007 and any date of determination thereafter, the ratio of (i) Consolidated Total Debt as of such date to (ii) the Parent’s Consolidated EBITDA for the four (4) Fiscal Quarters most
recently ended on such date. 
 “Total Revolving Commitment” means the aggregate principal amount of the Revolving
Commitments of all the Revolving Lenders (it being understood and agreed that the maximum aggregate principal amount of the Revolving Commitments shall not exceed thirty million Dollars ($30,000,000), as reduced from time to time pursuant to the
terms hereof). 
 “Trademarks” shall have the meaning ascribed to such term in the Security Agreement. 
 “Trade Secrets” means all trade secrets and all other confidential or proprietary information and know-how including drawings, formulae,
schematics, designs, plans, processes, supplier lists, business plans, business methods and prototypes now or hereafter owned or used in the business of such Credit Party throughout the world (all of the foregoing being collectively 

  

 - 126 - 

 
called a “Trade Secret”), whether or not such Trade Secret has been reduced to a writing or other tangible form, including all documents and
things embodying, incorporating, or referring in any way to such Trade Secret, the right to sue for past, present and future infringement of any Trade Secret, and all proceeds of the foregoing, including licenses, royalties, income, payments,
claims, damages, and proceeds of suit. 
 “UCC” means the Uniform Commercial Code enacted in the State of New York, as in
effect from time to time; provided, however, that if by reason of mandatory provisions of law, any or all of the attachment, perfection, effect of perfection, non-perfection, priority or remedies with respect to the Collateral
Agent’s Liens is governed by the Uniform Commercial Code as enacted and in effect in a jurisdiction other than the State of New York, the term “UCC” means the Uniform Commercial Code as enacted and in effect in such other
jurisdiction for purposes of the provisions hereof relating to such attachment, perfection, effect of perfection, non-perfection, priority or remedies. 
 “Unused Commitment Fee” has the meaning ascribed to such term in Section 3.06(b). 
 “Wholly-Owned” means, when used to describe any Subsidiary of a Credit Party, that all of the Capital Stock (other than directors’ qualifying shares) of such Subsidiary is owned by one or more Credit Parties or
Wholly-Owned Subsidiaries of the Credit Parties. 
 Section 14.02. Terms Generally. The definitions of terms herein shall apply
equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and
“including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise,
(a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject
to any restrictions on such amendments, supplements or modifications set forth herein), (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (c) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Articles, Sections,
Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (e) any reference to any law or regulation herein shall, unless otherwise specified, refer to
such law or regulation as amended, modified or supplemented from time to time and (f) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties, including cash, securities, accounts and contract rights. 
 Section 14.03. Accounting and Other
Terms. Unless otherwise expressly provided herein, each accounting term used herein shall have the meaning given to it under GAAP. All terms used in this Agreement which are defined in Article 8 or Article 9 of the UCC and which are
not otherwise defined herein shall have the same meanings herein as set forth therein. 
  

 - 127 - 

 Section 14.04. Time References. Unless otherwise indicated herein, all references to time of day
refer to Eastern standard time or Eastern daylight saving time, as in effect in New York, New York on such day. For purposes of the computation of a period of time from a specified date to a later specified date, the word “from” means
“from and including” and the words “to” and “until” each means “to but excluding”; provided, however, that with respect to a computation of fees or interest payable to the Administrative Agent or
the Lenders, such period shall in any event consist of at least one full day. 
 (signature pages follow) 
  

 - 128 - 

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

			
	 BORROWERS:

	
	 SILICON GRAPHICS, INC.

		
	By	 	 /s/ Kathy Lanterman

		 	Name:   Kathy Lanterman
		 	Title:     Senior Vice President and Chief Financial Officer
	
	 SILICON GRAPHICS FEDERAL, INC.

		
	By	 	 /s/ Kathy Lanterman

		 	Name:   Kathy Lanterman
		 	Title:     Vice President
	
	SILICON GRAPHICS WORLD TRADE CORPORATION
		
	By	 	 /s/ Kathy Lanterman

		 	Name:   Kathy Lanterman
		 	Title:     Senior Vice President and Chief Financial Officer

			
	 ADMINISTRATIVE AGENT:

	
	 MORGAN STANLEY SENIOR FUNDING, INC.

		
	By	 	 /s/ Jason Colodne

		 	Name:   Jason Colodne
		 	Title:     Authorized Signatory

			
	 COLLATERAL AGENT:

	
	 GENERAL ELECTRIC CAPITAL CORPORATION

		
	By:	 	 /s/ Wafa Shalabi

		 	Name:   Wafa Shalabi
		 	Title:     Its Duly Authorized signatory
	
	 REVOLVING AGENT:

	
	 GENERAL ELECTRIC CAPITAL CORPORATION

		
	By:	 	 /s/ Wafa Shalabi

		 	Name:   Wafa Shalabi
		 	Title:     Its Duly Authorized signatory

			
	 LENDERS:

	
	 MORGAN STANLEY SENIOR FUNDING, INC.

		
	By	 	 /s/ Jason Colodne

		 	Name:   Jason Colodne
		 	Title:     Authorized Signatory

			
	 GENERAL ELECTRIC CAPITAL CORPORATION

		
	By:	 	 /s/ Wafa Shalabi

		 	Name:   Wafa Shalabi
		 	Title:     Its Duly Authorized signatory

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]