Document:

Credit Agreement

 Exhibit 10.1 
  
 CREDIT AGREEMENT 
  
 Dated as of February 25, 2005 
  
 among 
  
 THE FINISH LINE, INC., 
 THE FINISH LINE USA, INC., 
 THE FINISH LINE DISTRIBUTION, INC. and 
 FINISH
LINE TRANSPORTATION CO., INC., 
 as Borrowers, 
  
 THE FINISH LINE, INC., 
 as Borrower
Representative, 
  
 THE INSTITUTIONS FROM TIME TO TIME PARTIES
HERETO, 
 as Lenders 
  
 and 
  
 NATIONAL CITY BANK OF INDIANA 
 as Agent 

 TABLE OF CONTENTS 
  

							
	 Section

	 	 	  	Page

	 ARTICLE I: DEFINITIONS
	  	1
	 	 	 Section 1.1.
	 	Certain Defined Terms	  	1
	 	 	 Section 1.2.
	 	References	  	17
	 	 	 Section 1.3.
	 	Accounting Terms and Determinations	  	17
	 ARTICLE II: THE REVOLVING LOAN FACILITIES
	  	17
	 	 	 Section 2.1.
	 	[Reserved]	  	17
	 	 	 Section 2.2.
	 	Revolving Loans	  	17
	 	 	 Section 2.3.
	 	Swing Line Loans.	  	19
	 	 	           (A)
	 	Amount of Swing Line Loans	  	19
	 	 	           (B)
	 	Borrowing Notice	  	19
	 	 	           (C)
	 	Making of Swing Line Loans	  	19
	 	 	           (D)
	 	Repayment of Swing Line Loans	  	19
	 	 	 Section 2.4.
	 	Rate Options for All Advances	  	20
	 	 	 Section 2.5.
	 	Optional Payments; Mandatory Prepayments.	  	20
	 	 	           (A)
	 	Optional Payments	  	20
	 	 	           (B)
	 	Mandatory Prepayments.	  	21
	 	 	 Section 2.6.
	 	Reduction of Commitments	  	21
	 	 	 Section 2.7.
	 	Method of Borrowing	  	21
	 	 	 Section 2.8.
	 	Method of Selecting Types and Interest Periods for Advances/Borrowing Notices	  	21
	 	 	 Section 2.9.
	 	Minimum Amount of Each Advance	  	21
	 	 	 Section 2.10.
	 	Method of Selecting Types and Interest Periods for Conversion and Continuation of Advances.	  	22
	 	 	           (A)
	 	Right to Convert/Breakage Costs	  	22
	 	 	           (B)
	 	Automatic Conversion and Continuation	  	22
	 	 	           (C)
	 	No Conversion Post-Default or Post-Unmatured Default	  	22
	 	 	           (D)
	 	Conversion/Continuation Notice	  	22
	 	 	 Section 2.11.
	 	Default Rate	  	22
	 	 	 Section 2.12.
	 	Method of Payment	  	22
	 	 	 Section 2.13.
	 	Notes	  	23
	 	 	 Section 2.14.
	 	Telephonic Notices	  	23
	 	 	 Section 2.15.
	 	Promise to Pay; Interest and Commitment Fees; Interest Payment Dates; Interest and Fee Basis; Taxes; Loan and Control Accounts.	  	23
	 	 	           (A)
	 	Promise to Pay	  	23
	 	 	           (B)
	 	Interest Payment Dates	  	23
	 	 	           (C)
	 	Commitment Fees	  	23
	 	 	           (D)
	 	Interest and Fee Basis; Applicable Floating Rate Margin, Applicable Eurodollar Margin and Applicable Commitment Fee Percentage.	  	24
	 	 	           (E)
	 	Taxes.	  	25
	 	 	           (F)
	 	Loan Account	  	27
	 	 	           (G)
	 	Entries Binding	  	27
	 	 	 Section 2.16.
	 	Notification of Advances, Interest Rates, Prepayments and Aggregate Revolving Loan Commitment Reductions	  	27
	 	 	 Section 2.17.
	 	Lending Installations	  	27
	 	 	 Section 2.18.
	 	Non-Receipt of Funds by the Agent	  	27
	 	 	 Section 2.19.
	 	Termination Date	  	28
	 	 	 Section 2.20.
	 	Replacement of Certain Lenders	  	28
	 ARTICLE III: THE LETTER OF CREDIT FACILITY
	  	29

							
	 	 	 Section 3.1.
	  	Obligation to Issue	  	29
	 	 	 Section 3.2.
	  	[Intentionally Omitted].	  	29
	 	 	 Section 3.3.
	  	Types and Amounts	  	29
	 	 	 Section 3.4.
	  	Conditions	  	29
	 	 	 Section 3.5.
	  	Procedure for Issuance of Letters of Credit	  	29
	 	 	 Section 3.6.
	  	Letter of Credit Participation	  	30
	 	 	 Section 3.7.
	  	Reimbursement Obligation	  	30
	 	 	 Section 3.8.
	  	Letter of Credit Fees	  	30
	 	 	 Section 3.9.
	  	Issuing Bank Reporting Requirements	  	31
	 	 	 Section 3.10.
	  	Indemnification; Exoneration	  	31
	 	 	 Section 3.11.
	  	Cash Collateral	  	32
	 ARTICLE IV: CHANGE IN CIRCUMSTANCES
	  	32
	 	 	 Section 4.1.
	  	Yield Protection	  	32
	 	 	 Section 4.2.
	  	Changes in Capital Adequacy Regulations	  	33
	 	 	 Section 4.3.
	  	Availability of Types of Advances	  	34
	 	 	 Section 4.4.
	  	Funding Indemnification	  	34
	 	 	 Section 4.5.
	  	Lender Statements; Survival of Indemnity	  	34
	 ARTICLE V: CONDITIONS PRECEDENT
	  	34
	 	 	 Section 5.1.
	  	Initial Advances and Letters of Credit	  	34
	 	 	 Section 5.2.
	  	Each Advance and Letter of Credit	  	35
	 ARTICLE VI: REPRESENTATIONS AND WARRANTIES
	  	36
	 	 	 Section 6.1.
	  	Organization; Corporate Powers	  	36
	 	 	 Section 6.2.
	  	Authority.	  	36
	 	 	 Section 6.3.
	  	No Conflict; Governmental Consents	  	36
	 	 	 Section 6.4.
	  	Financial Statements	  	37
	 	 	 Section 6.5.
	  	No Material Adverse Change	  	37
	 	 	 Section 6.6.
	  	Taxes	  	37
	 	 	 Section 6.7.
	  	Litigation; Loss Contingencies and Violations	  	37
	 	 	 Section 6.8.
	  	Subsidiaries	  	38
	 	 	 Section 6.9.
	  	ERISA; Plan Assets	  	38
	 	 	 Section 6.10.
	  	Accuracy of Information	  	38
	 	 	 Section 6.11.
	  	Securities Activities	  	38
	 	 	 Section 6.12.
	  	Material Agreements	  	38
	 	 	 Section 6.13.
	  	Compliance with Laws	  	38
	 	 	 Section 6.14.
	  	Assets and Properties	  	38
	 	 	 Section 6.15.
	  	Statutory Indebtedness Restrictions	  	39
	 	 	 Section 6.16.
	  	Insurance	  	39
	 	 	 Section 6.17.
	  	Labor Matters	  	39
	 	 	 Section 6.18.
	  	Environmental Matters	  	39
	 	 	 Section 6.19.
	  	Solvency	  	39
	 	 	 Section 6.20.
	  	Reserved.	  	40
	 ARTICLE VII: COVENANTS
	  	40
	 	 	 Section 7.1.
	  	Reporting	  	40
	 	 	         (A)
	  	Financial Reporting. Furnish to the Lenders:	  	40
	 	 	         (B)
	  	Notice of Default	  	41
	 	 	         (C)
	  	Lawsuits	  	41
	 	 	         (D)
	  	ERISA Notices	  	41
	 	 	         (E)
	  	Labor Matters	  	42
	 	 	         (F)
	  	Other Indebtedness	  	42
	 	 	         (G)
	  	Other Reports	  	42
	 	 	         (H)
	  	Environmental Notices	  	42

  

 -ii- 

											
	 	 	 	 	 	 	         (I)
	  	Other Information	  	42
	 	 	 	 	 	 	 Section 7.2.
	  	Affirmative Covenants.	  	42
	 	 	 	 	 	 	         (A)
	  	Corporate Existence, Etc	  	42
	 	 	 	 	 	 	         (B)
	  	Corporate Powers; Conduct of Business	  	42
	 	 	 	 	 	 	         (C)
	  	Compliance with Laws, Etc	  	42
	 	 	 	 	 	 	         (D)
	  	Payment of Taxes and Claims; Tax Consolidation	  	43
	 	 	 	 	 	 	         (E)
	  	Insurance	  	43
	 	 	 	 	 	 	         (F)
	  	Inspection of Property; Books and Records; Discussions	  	43
	 	 	 	 	 	 	         (G)
	  	ERISA Compliance	  	43
	 	 	 	 	 	 	         (H)
	  	Maintenance of Property	  	43
	 	 	 	 	 	 	         (I)
	  	Environmental Compliance	  	43
	 	 	 	 	 	 	         (J)
	  	Use of Proceeds	  	44
	 	 	 	 	 	 	         (K)
	  	[Reserved].	  	44
	 	 	 	 	 	 	         (L)
	  	Addition of Guarantors	  	44
	 	 	 	 	 	 	         (M)
	  	Insurance and Condemnation Proceeds	  	44
	 	 	 	 	 	 	         (N)
	  	Post Closing Items	  	44
	 	 	 	 	 	 	 Section 7.3.
	  	Negative Covenants.	  	44
	 	 	 	 	 	 	         (A)
	  	Indebtedness	  	44
	 	 	 	 	 	 	         (B)
	  	Sales of Assets	  	45
	 	 	 	 	 	 	         (C)
	  	Liens	  	45
	 	 	 	 	 	 	         (D)
	  	Investments	  	46
	 	 	 	 	 	 	         (E)
	  	Reserved	  	47
	 	 	 	 	 	 	         (F)
	  	Restricted Payments	  	47
	 	 	 	 	 	 	         (G)
	  	Conduct of Business; Subsidiaries; Acquisitions	  	47
	 	 	 	 	 	 	         (H)
	  	Transactions with Affiliates	  	47
	 	 	 	 	 	 	         (I)
	  	Restriction on Fundamental Changes	  	48
	 	 	 	 	 	 	         (J)
	  	Sales and Leasebacks	  	48
	 	 	 	 	 	 	         (K)
	  	Margin Regulations	  	48
	 	 	 	 	 	 	         (L)
	  	ERISA	  	48
	 	 	 	 	 	 	         (M)
	  	Organizational Documents	  	49
	 	 	 	 	 	 	         (N)
	  	Fiscal Year	  	49
	 	 	 	 	 	 	         (O)
	  	Subsidiary Covenants	  	49
	 	 	 	 	 	 	         (P)
	  	Hedging Obligations	  	49
	 	 	 	 	 	 	         (Q)
	  	Reserved.	  	50
	 	 	 	 	 	 	         (R)
	  	Reserved.	  	50
	 	 	 	 	 	 	         (S)
	  	Reserved.	  	50
	 	 	 	 	 	 	         (T)
	  	Names	  	50
	 	 	 	 	 	 	         (U)
	  	Prepayment	  	50
	 	 	 	 	 	 	 Section 7.4.
	  	Financial Covenants	  	50
	 	 	 	 	 	 	         (A)
	  	Maximum Leverage Ratio	  	50
	 	 	 	 	 	 	         (B)
	  	Minimum Consolidated Tangible Net Worth	  	50
	 	 	 	 	 ARTICLE VIII: DEFAULTS
	  	50
	 	 	 	 	 	 	 Section 8.1.
	  	Defaults	  	50
	 	 	 	 	 ARTICLE IX: ACCELERATION, DEFAULTING LENDERS; WAIVERS, AMENDMENTS AND REMEDIES
	  	53
	 	 	 	 	 	 	 Section 9.1.
	  	Termination of Commitments; Acceleration	  	53
	 	 	 	 	 	 	 Section 9.2.
	  	Defaulting Lender	  	53
	 	 	 	 	 	 	 Section 9.3.
	  	Amendments	  	54
	 	 	 	 	 	 	 Section 9.4.
	  	Preservation of Rights	  	55
	 	 	 	 	 ARTICLE X: GENERAL PROVISIONS
	  	55
	 	 	 	 	 	 	 Section 10.1.
	  	Survival of Representations	  	55

  

 -iii- 

							
	 	 	 Section 10.2.
	  	Governmental Regulation	  	55
	 	 	 Section 10.3.
	  	Reserved.	  	55
	 	 	 Section 10.4.
	  	Headings	  	55
	 	 	 Section 10.5.
	  	Entire Agreement	  	55
	 	 	 Section 10.6.
	  	Several Obligations; Benefits of this Agreement	  	55
	 	 	 Section 10.7.
	  	Expenses; Indemnification.	  	55
	 	 	         (A)
	  	Expenses	  	55
	 	 	         (B)
	  	Indemnity	  	56
	 	 	         (C)
	  	Waiver of Certain Claims	  	57
	 	 	         (D)
	  	Survival of Agreements	  	57
	 	 	 Section 10.8.
	  	Numbers of Documents	  	57
	 	 	 Section 10.9.
	  	Accounting	  	57
	 	 	 Section 10.10.
	  	Severability of Provisions	  	57
	 	 	 Section 10.11.
	  	Nonliability of Lenders	  	57
	 	 	 Section 10.12.
	  	GOVERNING LAW	  	58
	 	 	 Section 10.13.
	  	CONSENT TO JURISDICTION; SERVICE OF PROCESS; JURY TRIAL.	  	58
	 	 	         (A)
	  	JURISDICTION	  	58
	 	 	         (B)
	  	OTHER JURISDICTIONS	  	58
	 	 	         (C)
	  	VENUE	  	58
	 	 	         (D)
	  	WAIVER OF JURY TRIAL	  	58
	 	 	         (E)
	  	WAIVER OF BOND	  	59
	 	 	         (F)
	  	ADVICE OF COUNSEL	  	59
	 	 	 Section 10.14.
	  	Subordination of Intercompany Indebtedness	  	59
	 	 	 Section 10.15.
	  	No Strict Construction	  	60
	 ARTICLE XI: THE AGENT
	  	60
	 	 	 Section 11.1.
	  	Appointment; Nature of Relationship	  	60
	 	 	 Section 11.2.
	  	Powers	  	60
	 	 	 Section 11.3.
	  	General Immunity	  	60
	 	 	 Section 11.4.
	  	No Responsibility for Loans, Creditworthiness, Recitals, Etc	  	61
	 	 	 Section 11.5.
	  	Action on Instructions of Lenders	  	61
	 	 	 Section 11.6.
	  	Employment of Agents and Counsel	  	61
	 	 	 Section 11.7.
	  	Reliance on Documents; Counsel	  	61
	 	 	 Section 11.8.
	  	The Agent’s Reimbursement and Indemnification	  	61
	 	 	 Section 11.9.
	  	Rights as a Lender	  	62
	 	 	 Section 11.10.
	  	Lender Credit Decision	  	62
	 	 	 Section 11.11.
	  	Successor Agent	  	62
	 	 	 Section 11.12.
	  	Guaranty Matters	  	62
	ARTICLE XII: SETOFF; RATABLE PAYMENTS	  	63
	 	 	 Section 12.1.
	  	Setoff	  	63
	 	 	 Section 12.2.
	  	Ratable Payments	  	63
	 	 	 Section 12.3.
	  	Application of Payments	  	63
	 	 	 Section 12.4.
	  	Relations Among Lenders.	  	64
	 ARTICLE XIII: BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS
	  	64
	 	 	 Section 13.1.
	  	Successors and Assigns	  	64
	 	 	 Section 13.2.
	  	Participations.	  	65
	 	 	         (A)
	  	Permitted Participants; Effect	  	65
	 	 	         (B)
	  	Voting Rights	  	65
	 	 	         (C)
	  	Benefit of Setoff	  	65
	 	 	 Section 13.3.
	  	Assignments.	  	65
	 	 	         (A)
	  	Permitted Assignments	  	65
	 	 	         (B)
	  	Effect; Effective Date	  	66

  

 -iv- 

							
	 	 	         (C)
	  	The Register	  	66
	 	 	 Section 13.4.
	  	Confidentiality	  	66
	 	 	 Section 13.5.
	  	Dissemination of Information	  	67
	 ARTICLE XIV: NOTICES
	  	67
	 	 	 Section 14.1.
	  	Giving Notice	  	67
	 	 	 Section 14.2.
	  	Change of Address	  	67
	 ARTICLE XV: BORROWER REPRESENTATIVE
	  	67
	 ARTICLE XVI: COUNTERPARTS
	  	67
	 ARTICLE XVII: USA PATRIOT ACT
	  	68

  

 -v- 

 EXHIBITS AND SCHEDULES 
  

			
	 Exhibits

	 	 
	 EXHIBIT A
	 	Commitments
	 	 	(Definitions)
		
	 EXHIBIT B-1-
	 	Form of Revolving Note
	 	 	(Definitions)
		
	 EXHIBIT B-2
	 	Form of Swing Line Note
	 	 	(Definitions)
		
	 EXHIBIT B-3
	 	Form of Guaranty
	 	 	(Definitions)
		
	 EXHIBIT C
	 	Form of Borrowing Notice (Section 2.8)
		
	 EXHIBIT D
	 	Form of Request for Letter of Credit (Section 3.4)
		
	 EXHIBIT E
	 	Form of Assignment and Acceptance Agreement
	 	 	(Sections 2.20 and 13.3)
		
	 EXHIBIT F
	 	Form of Borrower’s Counsel’s Opinion
	 	 	(Section 5.1)
		
	 EXHIBIT G
	 	List of Closing Documents
	 	 	(Section 5.1)
		
	 EXHIBIT H
	 	Form of Officer’s Certificate
	 	 	(Sections 5.2 and 7.1(A)(iii))
		
	 EXHIBIT I
	 	Form of Compliance Certificate
	 	 	(Sections 5.2 and 7.1(A)(iii))

  

					
	 Schedules

	 	 	  	 
	 Schedule E-1
	 	—	  	Existing Letters of Credit
			
	 Schedule 1.1.1
	 	—	  	Permitted Existing Indebtedness (Definitions)
			
	 Schedule 1.1.2
	 	—	  	Permitted Existing Investments (Definitions)
			
	 Schedule 1.1.3
	 	—	  	Permitted Existing Liens (Definitions)
			
	 Schedule 6.4
	 	—	  	Financial Statements (Section 6.4)

					
	 Schedule 6.7
	 	—	  	Litigation; Loss Contingencies (Section 6.7)
			
	 Schedule 6.8
	 	—	  	Subsidiaries (Section 6.8)
			
	 Schedule 6.18
	 	—	  	Environmental Matters (Section 6.18)
			
	 Schedule 7.2(N)
	 	—	  	Post Closing Items

 CREDIT AGREEMENT 
  
 This Credit Agreement dated as of February 25, 2005 is entered into among The Finish Line, Inc., an Indiana corporation, The
Finish Line USA, Inc., an Indiana corporation, The Finish Line Distribution, Inc., an Indiana corporation and Finish Line Transportation Co., Inc., an Indiana corporation, as Borrowers, The Finish Line, Inc., as Borrower Representative, the
institutions from time to time parties hereto as Lenders, whether by execution of this Agreement or an Assignment Agreement pursuant to Section 13.3, and National City Bank of Indiana, a national banking association, in its capacity as
contractual representative for itself and the other Lenders. The parties hereto agree as follows: 
  
 ARTICLE I: DEFINITIONS 
  
 Section 1.1. Certain Defined Terms. Capitalized terms used in this Agreement and not otherwise defined herein shall have the following meanings, applicable both to the singular and the plural forms of the terms
defined. 
  
 As used in this Agreement: 
  
 “Acquisition” means any transaction, or any series
of related transactions, consummated on or after the date of this Agreement, by which the Borrower or any of its Subsidiaries (i) acquires any going business or all or substantially all of the assets of any firm, corporation or division thereof,
whether through purchase of assets, merger or otherwise or (ii) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority (in number of votes) of the securities of a
corporation which have ordinary voting power for the election of directors (other than securities having such power only by reason of the happening of a contingency) or a majority (by percentage of voting power) of the outstanding equity interests
of another Person. 
  
 “Advance” means an
amount advanced by the Agent or any of the Lenders to the Borrowers contemplated by this Agreement. 
  
 “Affected Lender” is defined in Section 2.20 hereof. 
  
 “Affiliate” of any Person means any other Person directly or indirectly controlling, controlled by
or under common control with such Person. A Person shall be deemed to control another Person if the controlling Person is the “beneficial owner” (as defined in Rule 13d-3 under the Securities Exchange Act of 1934) of greater than ten
percent (10%) or more of any class of voting securities (or other voting interests) of the controlled Person or possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of the controlled Person,
whether through ownership of Capital Stock, by contract or otherwise. 
  
 “Agent” means National City Bank in its capacity as contractual representative for itself and the Lenders pursuant to Article XI hereof and any successor Agent appointed pursuant to Article XI hereof.

  
 “Aggregate Revolving Loan Commitment”
means the aggregate of the Revolving Loan Commitments of all the Lenders, as reduced from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Seventy-Five Million and 00/100 Dollars ($75,000,000.00);
provided, however, that the Aggregate Revolving Loan Commitment may be increased at any time following the Closing Date but prior to the Termination Date if no Default or Unmatured Default has occurred and is continuing and the provisions of Section
2.2 hereof have been satisfied. 

 “Agreement” means this Credit Agreement, as it may be amended, restated,
supplemented or otherwise modified and in effect from time to time. 
  
 “Agreement Accounting Principles” means generally accepted accounting principles as in effect from time to time at all applicable reporting times applied in a manner consistent with that used in preparing the
financial statements referred to in Section 6.4 hereof or otherwise delivered from time to time pursuant to Section 7.1(A) hereof; provided, however, that all pro forma financial statements reflecting Acquisitions may
include pro forma expense and cost reductions which, in the reasonable and good faith judgment of Parent’s senior management, will result from such Acquisitions; provided, that any such adjustments shall be subject to the approval of
Agent in its reasonable judgment. 
  
 “Alternate Base
Rate” means, for any day, a fluctuating rate of interest per annum equal to the higher of (i) the Prime Rate for such day and (ii) the sum of (a) the Federal Funds Effective Rate for such day and (b) one-half of one percent (0.5%) per
annum. 
  
 “Applicable Commitment Fee
Percentage” means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section
2.15(D)(ii) hereof. 
  
 “Applicable Eurodollar
Margin” means, as at any date of determination, with respect to all Loans that are Eurodollar Rate Loans, the “Applicable Eurodollar Margin” determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  
 “Applicable Floating Rate Margin”
means, as at any date of determination, with respect to all Loans that are Floating Rate Loans, the “Applicable Floating Rate Margin” determined in accordance with the provisions of Section 2.15(D)(ii) hereof. 
  
 “Applicable L/C Fee Percentage” means, as at any date
of determination, a rate per annum equal to the Applicable Eurodollar Margin for Revolving Loans in effect on such date. 
  
 “Arranger” means National City Bank, in its capacity as the arranger for the loan transactions evidenced by this Agreement.

  
 “Assignment Agreement” means an
assignment and acceptance agreement entered into in connection with an assignment pursuant to Section 13.3 hereof in substantially the form of Exhibit E. 
  
 “Asset Sale” means, with respect to any Person, the sale, lease, conveyance, disposition or other
transfer by such Person of any of its assets (including by way of a sale-leaseback transaction and including the sale or other transfer of any of the Equity Interests of any Subsidiary of such Person). 
  
 “Authorized Officer” means any of the Chairman,
President, Chief Financial Officer, Treasurer or Assistant Secretary of a Borrower, acting singly. 
  
 “Benefit Plan” means a defined benefit plan as defined in Section 3(35) of ERISA (other than a Multiemployer Plan) in respect of
which any Borrower or any other member of the Controlled Group is, or within the immediately preceding six (6) years was, an “employer” as defined in Section 3(5) of ERISA. 
  

 -2- 

 “Borrower” means each of The Finish Line, Inc., an Indiana corporation, The
Finish Line USA, Inc., an Indiana corporation, The Finish Line Distribution, Inc., an Indiana corporation, and Finish Line Transportation Co., Inc., an Indiana corporation, and in each case its successors and assigns, including a
debtor-in-possession on behalf of a Borrower and “Borrowers” means all of them (except where the context indicates that the term is used to refer to more than one, but fewer than all of them). 
  
 “Borrower Representative” means The Finish Line,
Inc., an Indiana corporation. 
  
 “Borrowing
Date” means a date on which an Advance or Swing Line Loan is made hereunder. 
  
 “Borrowing Notice” is defined in Section 2.8 hereof. 
  
 “Business Day” means (i) with respect to any borrowing, payment or rate selection of Loans bearing interest at the Eurodollar
Rate, a day (other than a Saturday or Sunday) on which banks are open for business in Cleveland, Ohio and on which dealings in Dollars are carried on in the London interbank market and (ii) for all other purposes a day (other than a Saturday or
Sunday) on which banks are open for business in Cleveland, Ohio. 
  
 “Capitalized Lease” of a Person means any lease of property by such Person as lessee which would be capitalized on a balance sheet of such Person prepared in accordance with Agreement Accounting Principles.

  
 “Capitalized Lease Obligations” of a
Person means the amount of the obligations of such Person under Capitalized Leases which would be capitalized on a balance sheet of such Person prepared in accordance with Agreement Accounting Principles. 
  
 “Capital Stock” means (i) in the case of a
corporation, corporate stock, (ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of corporate stock, (iii) in the case of a partnership, partnership
interests (whether general or limited) and (iv) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person. 
  
 “Cash Equivalents” means (i) marketable direct
obligations issued or unconditionally guaranteed by the United States government and backed by the full faith and credit of the United States government; (ii) domestic and Eurodollar certificates of deposit and time deposits, bankers’
acceptances and floating rate certificates of deposit issued by any commercial bank organized under the laws of the United States, any state thereof, the District of Columbia, any foreign bank, or its branches or agencies (fully protected against
currency fluctuations for any such deposits with a term of more than 180 days); (iii) shares of money market, mutual or similar funds having assets in excess of $100,000,000 and the investments of which consist primarily of assets described in
clauses (i), (ii), (iv) and (v); (iv) commercial paper of United States and foreign banks and bank holding companies and their subsidiaries and United States and foreign finance, commercial industrial or utility companies which, at the time of
acquisition, are rated A-1 (or better) by Standard & Poor’s Ratings Group, or P-1 (or better) by Moody’s Investors Service, Inc.; and (v) short-term tax exempt securities rated BBB or better by Standard & Poor’s Ratings Group
or Baa2 or better by Moody’s Investors Service, Inc. 
  
 “Change” is defined in Section 4.2 hereof. 
  

 -3- 

 “Change of Control” means an event or series of events by which: 
  
 (a) one or more of the existing owners of the class B stock of the Parent
(including a “Permitted Transferee” (as defined in Parent’s Restated Articles of Incorporation in effect as of the Closing Date) of such existing owners) ceases to own and control directly or indirectly, in the aggregate, 51% or more
of the combined voting power (on a fully diluted basis) of the Parent’s Capital Stock ordinarily having the right to vote at an election of directors; or 
  

(b) during any period of twelve (12) consecutive calendar months, individuals: (i) who were directors of the Parent on the first day of such period, or
(ii) whose election or nomination for election to the board of directors of the Parent was nominated, recommended or approved by at least a majority of the directors then still in office who were directors of the Parent on the first day of such
period, or whose election or nomination for election was so approved, shall cease to constitute a majority of the board of directors of the Parent; or 
  
 (c) Parent consolidates with or merges into another corporation or conveys, transfers or leases all or substantially all of its property to any Person, or
any corporation consolidates with or merges into the Parent, in either event pursuant to a transaction in which the outstanding Capital Stock of the Parent is reclassified or changed into or exchanged for cash, securities or other property;
provided, however, that the consummation of any transaction permitted by Section 7.3(I) hereof shall not constitute a Change of Control hereunder; or 
  
 (d) Parent ceases to own and control, directly or indirectly, fifty-one percent (51%) or more combined voting power (on a fully diluted basis) of any
other Borrower’s Capital Stock ordinarily having the right to vote at an election of directors. 
  
 “Closing Date” means February 25, 2005. 
  

“Code” means the Internal Revenue Code of 1986, as amended, reformed or otherwise modified from time to time. 
  
 “Commission” means the Securities and Exchange
Commission and any Person succeeding to the functions thereof. 
  
 “Commitment” means, for each Lender, collectively, such Lender’s Revolving Loan Commitment. 
  
 “Consolidated Assets” means the total assets of the Parent and its Subsidiaries on a consolidated basis determined in accordance
with Agreement Accounting Principles and reflected on the financial statements delivered pursuant to Section 7.1(A). 
  
 “Consolidated Net Worth” means, at a particular date, all amounts which would be included under
shareholders’ equity for any Person and its consolidated Subsidiaries determined in accordance with Agreement Accounting Principles and reflected on the financial statements delivered pursuant to Section 7.1(A). 
  
 “Consolidated Tangible Net Worth” means, on any date
of determination with respect to the Parent and its Subsidiaries, the amount by which (a) Consolidated Net Worth exceeds (b) the sum of (i) all assets of Parent and its Subsidiaries which would be classified as intangible assets under
Agreement Accounting Principles, including without limitation, goodwill (whether representing the excess of cost over book value of assets acquired or otherwise), patents, trademarks, trade names, copyrights, franchises, operating permits,
unamortized debt discount and expense, organization costs, and research and development costs, (ii) treasury stock, (iii) securities not constituting marketable securities, (iv) cash set 

  

 -4- 

 
apart and held in a sinking or other similar fund established for the purpose of redemption or other retirement of Capital Stock, (v) to the extent not
otherwise deducted, reserves for depreciation, depletion, obsolescence and/or amortization of properties and all other reserves or appropriations of retained earnings which, in accordance with Agreement Accounting Principles, should be established
in connection with the business conducted by Parent, and (vi) any revaluation or other write-up in book value of assets subsequent to the date hereof (but only to the extent not permitted under Agreement Accounting Principles). 
  
 “Consolidated Total Assets” means the total assets of
Parent and its Subsidiaries, determined on a consolidated basis in accordance with Agreement Accounting Principles and as shown on the financial statements of Parent delivered pursuant to Section 7.1(A) hereof. 
  
 “Contaminant” means any waste, pollutant, hazardous
substance, toxic substance, hazardous waste, special waste, petroleum or petroleum-derived substance or waste, asbestos, polychlorinated biphenyls (“PCBs”), or any constituent of any such substance or waste, and includes but is not
limited to these terms as defined in Environmental, Health or Safety Requirements of Law. 
  
 “Contingent Obligation”, as applied to any Person, means any Contractual Obligation, contingent or otherwise, of that Person with respect to any Indebtedness of another or other obligation or
liability of another, including, without limitation, any such Indebtedness, obligation or liability of another directly or indirectly guaranteed, endorsed (otherwise than for collection or deposit in the ordinary course of business), co-made or
discounted or sold with recourse by that Person, or in respect of which that Person is otherwise directly or indirectly liable, including Contractual Obligations (contingent or otherwise) arising through any agreement to purchase, repurchase, or
otherwise acquire such Indebtedness, obligation or liability or any security therefor, or to provide funds for the payment or discharge thereof (whether in the form of loans, advances, stock purchases, capital contributions or otherwise), or to
maintain solvency, assets, level of income, or other financial condition, or to make payment other than for value received. 
  
 “Contractual Obligation”, as applied to any Person, means any provision of any equity or debt securities issued by that Person or
any indenture, mortgage, deed of trust, security agreement, pledge agreement, guaranty, contract, undertaking, agreement or instrument, in any case in writing, to which that Person is a party or by which it or any of its properties is bound, or to
which it or any of its properties is subject. 
  
 “Controlled Group” means all members of a controlled group of corporations or other business entities and all trades or businesses (whether or not incorporated) under common control which, together with the Parent or
any of its Subsidiaries, are treated as a single employer under Section 414 of the Code. 
  
 “Conversion/Continuation Notice” is defined in Section 2.10(D) hereof. 
  
 “Cure Loan” is defined in Section 9.2(iii) hereof. 
  
 “Customary Permitted Liens” means: 
  
 (i) Liens with respect to the payment of taxes, assessments or governmental charges in all cases which are not yet
delinquent or thereafter can be paid without penalty or which are being contested in good faith by appropriate proceedings; 
  
 (ii) statutory Liens of landlords and Liens of suppliers, mechanics, carriers, materialmen, warehousemen or workmen and other similar Liens imposed by law
created in the ordinary course of business for amounts not more than sixty (60) days past due or which are being contested in good faith by appropriate proceedings; 
  

 -5- 

 (iii) Liens incurred or deposits made in the ordinary course of business in connection with worker’s
compensation, unemployment insurance or other types of social security benefits; 
  
 (iv) Liens incurred to secure the performance of bids, tenders, sales, contracts (other than for the repayment of borrowed money), surety, appeal and performance bonds in the ordinary course of business; 

 
 (v) Liens arising with respect to zoning restrictions, easements,
licenses, reservations, covenants, rights-of-way, utility easements, building restrictions and other similar charges or encumbrances on the use of real property which do not in any case materially detract from the value of the property subject
thereto or interfere with the use thereof in the business of the Parent or any of its Subsidiaries; 
  
 (vi) Liens of attachment or judgment with respect to judgments, writs or warrants of attachment, or similar process against any Borrower or any of its
Subsidiaries which do not constitute a Default under Section 8.1(H) hereof; and 
  
 (vii) any interest or title of the lessor in the property subject to any operating lease entered into by any Borrower or any of its Subsidiaries. 
  
 “Default” means an event described in Article VIII hereof. 
  
 “Default Rate” is defined in Section 2.11
hereof. 
  
 “DOL” means the United States
Department of Labor and any Person succeeding to the functions thereof. 
  
 “Dollar” and “$” means dollars in the lawful currency of the United States. 
  
 “EBITDA” means, for any period, on a consolidated basis for the Parent and its Subsidiaries, the sum of the amounts for such
period, without duplication, of (A) Net Income, plus (B) to the extent deducted in determining Net Income, (i) Interest Expense, plus (ii) charges against income for foreign, federal, state and local taxes to the extent deducted in computing
Net Income, plus (iii) depreciation expense, plus (iv) amortization expense, including, without limitation, amortization of goodwill and other intangible assets (including any impairment charges in respect of intangible assets),
plus (v) Transaction Costs, plus (vi) extraordinary losses, plus (vii) non-cash non-recurring expenses and charges, minus (C) extraordinary gains to the extent included in computing Net Income. 
  
 “Environmental, Health or Safety Requirements of Law”
means all Requirements of Law derived from or relating to federal, state and local laws or regulations relating to or addressing pollution or protection of the environment, or protection of worker health or safety, including, but not limited to, the
Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq., the Occupational Safety and Health Act of 1970, 29 U.S.C. § 651 et seq., and the Resource Conservation and Recovery
Act of 1976, 42 U.S.C. § 6901 et seq., in each case including any amendments thereto, any successor statutes, and any regulations or guidance promulgated thereunder, and any state or local equivalent thereof. 
  
 “Environmental Lien” means a lien in favor of any
Governmental Authority for (a) any liability under Environmental, Health or Safety Requirements of Law, or (b) damages arising from, or costs incurred by such Governmental Authority in response to, a Release or threatened Release of a Contaminant
into the environment. 
  

 -6- 

 “Environmental Property Transfer Act” means any applicable requirement of law
that conditions, restricts, prohibits or requires any notification or disclosure triggered by the closure of any property or the transfer, sale or lease of any property or deed or title for any property for environmental reasons, including, but not
limited to, any so-called “Industrial Site Recovery Act” or “Responsible Property Transfer Act.” 
  
 “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any debt
security that is convertible into, or exchangeable for, Capital Stock). 
  
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and any rule or regulation issued thereunder. 
  
 “Eurodollar Base Rate” means, with respect to a Eurodollar Rate Loan for any specified Interest
Period, either (i) the rate of interest per annum equal to the rate for deposits in U.S. Dollars in the approximate amount of the pro rata share of National City Bank of such Eurodollar Rate Loan with a maturity approximately equal to such Interest
Period which appears on Telerate Page 3750, or, if there is more than one such rate, the average of such rates rounded to the nearest 1/100 of 1%, as of 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period or
(ii) if no such rate of interest appears on Telerate Page 3750 for any specified Interest Period, the rate at which deposits in U.S. Dollars are offered by National City Bank to first-class banks in the London interbank market at approximately 11:00
a.m. (London time) two Business Days prior to the first day of such Interest Period, in the approximate amount of the pro rata share of National City Bank of such Eurodollar Rate Loan and having a maturity approximately equal to such Interest
Period. The term “Telerate Page 3750” means the display designated as “Page 3750” on the Associated Press-Dow Jones Telerate Service (or such other page as may replace Page 3750 on the Associated Press-Dow Jones Telerate Service
or such other service as may be nominated by the British Bankers’ Association as the information vendor for the purpose of displaying British Bankers’ Association interest rate settlement rates for U.S. Dollars). Any Eurodollar Base Rate
determined on the basis of the rate displayed on Telerate Page 3750 in accordance with the foregoing provisions of this definition shall be subject to corrections, if any, made in such rate and displayed by the Associated Press-Dow Jones Telerate
Service within one hour of the time when such rate is first displayed by such service. 
  
 “Eurodollar Rate” means, with respect to a Eurodollar Rate Loan for the relevant Interest Period, the Eurodollar Base Rate applicable to such Interest Period plus the then Applicable
Eurodollar Margin. The Eurodollar Rate shall be rounded to the next higher multiple of 1/100 of 1% if the rate is not such a multiple. 
  
 “Eurodollar Rate Advance” means an Advance which bears interest at the Eurodollar Rate. 
  
 “Eurodollar Rate Loan” means a Loan, or portion
thereof, which bears interest at the Eurodollar Rate. 
  
 “Excluded Taxes” means, in the case of each Lender or applicable Lending Installation and the Agent, (a) federal taxes imposed on its overall net income, and (b) other taxes imposed on its overall net income, and
franchise taxes imposed on it, by (i) the jurisdiction under the laws of which such Lender or the Agent is incorporated or organized, (ii) the jurisdiction in which the Agent’s or such Lender’s principal executive office or such
Lender’s applicable Lending Installation is located, or (iii) a jurisdiction imposing such taxes as a result of a former connection between the Agent, such Lender or such Lender’s applicable Lending Installation and such jurisdiction.

  

 -7- 

 “Existing Letters of Credit Agreement” means each of the letters of credit set
forth on Schedule E-1. 
  
 “Federal Funds
Effective Rate” means, for any day, an interest rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day,
as published for such day (or, if such day is not a Business Day, for the immediately 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 at approximately 10:00 a.m. (Cleveland time) on such day on such transactions received by the Agent from three Federal funds brokers of recognized standing selected by the Agent in its sole discretion. 
  
 “Floating Rate” means, for any day for any Advance, a
rate per annum equal to the Alternate Base Rate for such day, adjusting daily when and as the Alternate Base Rate changes, plus the then Applicable Floating Rate Margin. 
  
 “Floating Rate Advance” means an Advance which bears interest at the Floating Rate. 
  
 “Floating Rate Loan” means a Loan which bears
interest at the Floating Rate. 
  
 “Governmental
Acts” is defined in Section 3.10(A) hereof. 
  
 “Governmental Authority” means any nation or government, any federal, state, local or other political subdivision thereof and any entity exercising executive, legislative, judicial, regulatory or administrative
functions of or pertaining to government. 
  
 “Gross
Negligence” means recklessness, or actions taken or omitted with conscious indifference to or the complete disregard of consequences. Gross Negligence does not mean the absence of ordinary care or diligence, or an inadvertent act or
inadvertent failure to act. If the term “gross negligence” is used with respect to the Agent, the Arranger or any Lender or any indemnitee in any of the other Loan Documents, it shall have the meaning set forth herein. 
  
 “Guarantors” means (i) Spike’s Holding, LLC, an
Indiana limited liability company, (ii) all of the Borrowers’ Subsidiaries as of the Closing Date and (iii) any other new Subsidiaries which have satisfied the provisions of Section 7.2(L) hereof, and “Guarantor” means
any of the Guarantors, individually, in each case, together with their respective successors and assigns. 
  
 “Guaranty” means any guaranty in substantially the form of Exhibit B-3 attached hereto, now or hereafter (including
pursuant to Section 7.2(L) hereof) executed by a Guarantor in favor of the Agent for the ratable benefit of the Lenders, in each case, as amended, restated or otherwise modified from time to time. 
  
 “Hedging Agreements” is defined in Section
7.3(P) hereof. 
  
 “Hedging
Obligations” of a Person means any and all obligations of such Person, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and
substitutions therefor), under (i) any and all agreements, devices or arrangements designed to protect at least one of the parties thereto from the 

  

 -8- 

 
fluctuations of interest rates, commodity prices, exchange rates or forward rates applicable to such party’s assets, liabilities or exchange
transactions, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward rate currency or interest rate
options, puts and warrants, and (ii) any and all cancellations, buy backs, reversals, terminations or assignments of any of the foregoing. 
  
 “Indebtedness” of a Person means, without duplication, such Person’s (a) obligations for borrowed money, (b) obligations
representing the deferred purchase price of property or services, (c) obligations, whether or not assumed, secured by Liens or payable pursuant to an agreement out of the proceeds from the sale of property now or hereafter owned or acquired by such
Person, (d) obligations which are evidenced by notes, acceptances, or other instruments, (e) Capitalized Lease Obligations, (f) indebtedness or other obligations of any other Person for borrowed money or for the deferred purchase price of property
or services, the payment or collection of which the subject Person has guaranteed (except by reason of endorsement for collection in the ordinary course of business) or in respect of which the subject Person is liable, contingently or otherwise,
including, without limitation, liability by way of agreement to provide funds for payment, to supply funds to or otherwise to invest in such other Person, or otherwise to assure a creditor against loss, (g) reimbursement or other obligations in
connection with letters of credit, (h) obligations in connection with Sale and Leaseback Transactions and (i) solely for purposes of Section 7.3 hereof, Net Mark-To-Market Exposure in respect of Hedging Obligations; provided, that Indebtedness shall
not be deemed to include (i) rental expense under any operating lease, (ii) accounts payable arising in the ordinary course of such Person’s business payable on terms customary in the trade, or (iii) any equity security that is not convertible
into Indebtedness (including preferred stock that is not convertible into Indebtedness). 
  
 “Indemnified Matters” is defined in Section 10.7(B) hereof. 
  
 “Indemnitees” is defined in Section 10.7(B) hereof. 
  
 “Intercompany Indebtedness” is defined in Section 10.14 hereof. 
  
 “Interest Expense” means, for any period, the total
interest expense of the Parent and its consolidated Subsidiaries, whether paid or accrued (including the interest component of Capitalized Leases, commitment and letter of credit fees) as reflected on the income statement of the Parent and its
consolidated Subsidiaries, all as determined in conformity with Agreement Accounting Principles. 
  
 “Interest Period” means, with respect to a Eurodollar Rate Loan, a period of one (1), two (2), three (3) or six (6) months
commencing on a Business Day selected by the Borrower Representative pursuant to this Agreement. Such Interest Period shall end on (but exclude) the day which corresponds numerically to such date one, two, three or six months thereafter;
provided, however, that if there is no such numerically corresponding day in such next, second, third or sixth succeeding month, such Interest Period shall end on the last Business Day of such next, second, third or sixth succeeding
month, as the case may be. If an Interest Period would otherwise end on a day which is not a Business Day, such Interest Period shall end on the immediately preceding Business Day. 
  
 “Inventory” means any and all goods, including, without limitation, goods in transit, wheresoever
located, whether now owned or hereafter acquired by the Borrowers, which are held for sale or lease, furnished under any contract of service or held as raw materials, work in process or supplies, and all materials used or consumed in the business of
Borrowers, and shall include all right, title and interest of the Borrowers in any property the sale or other disposition of which has given rise to receivables and which has been returned to or repossessed or stopped in transit by the Borrowers.

  

 -9- 

 “Investment” means, with respect to any Person, (i) any purchase or other
acquisition by that Person of any Indebtedness, Equity Interests or other securities, or of a beneficial interest in any Indebtedness, Equity Interests or other securities, issued by any other Person, (ii) any purchase by that Person of all or
substantially all of the assets of a business conducted by another Person, and (iii) any loan, advance (other than deposits with financial institutions available for withdrawal on demand, prepaid expenses, accounts receivable, advances to employees
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 to such Person arising from a sale of property by such Person other than in the ordinary
course of its business; provided, that any contributions or other investments made in any Plan shall be deemed not to be Investments. 
  
 “IRS” means the Internal Revenue Service and any Person succeeding to the functions thereof. 
  
 “Issuing Banks” means (i) National City Bank and (ii)
any Lender which, at the Agent’s request (which request shall be in the sole discretion of Agent), agrees to become an Issuing Bank for the purpose of issuing Letters of Credit, and their respective successors and assigns, in each case in such
Lender’s separate capacity as an issuer of Letters of Credit pursuant to Section 3.1. 
  
 “L/C Draft” means a draft drawn on an Issuing Bank pursuant to a Letter of Credit. 
  
 “L/C Interest” shall have the meaning ascribed to
such term in Section 3.6 hereof. 
  
 “L/C
Obligations” means, without duplication, an amount equal to the sum of (i) the aggregate of the amount then available for drawing under each of the Letters of Credit, (ii) the face amount of all outstanding L/C Drafts corresponding to
the Letters of Credit, which L/C Drafts have been accepted by the applicable Issuing Bank, (iii) the aggregate outstanding amount of all Reimbursement Obligations at such time and (iv) the aggregate face amount of all Letters of Credit requested by
the Borrower but not yet issued (unless the request for an unissued Letter of Credit has been denied). 
  
 “Lenders” means the lending institutions listed on the signature pages of this Agreement and their respective successors and
assigns, together with any lending institutions that become party hereto pursuant to Section 2.2 hereof and their respective successors and assigns. 
  
 “Lending Installation” means, with respect to a Lender or the Agent, any office, branch, Subsidiary or affiliate of such Lender or
the Agent. 
  
 “Letter of Credit” means
the letters of credit to be issued by the Issuing Banks pursuant to Section 3.1 hereof, including, without limitation, any Existing Letters of Credit. 
  
 “Leverage Ratio” means, with respect to Parent and its Subsidiaries determined on a consolidated basis as of the last day of any
fiscal quarter of Parent, the ratio of (a) the sum of (i) Indebtedness, plus (ii) six (6) times Rentals, minus (iii) cash and marketable securities of Parent and its Subsidiaries, to (b) the sum of (i) EBITDA for the four (4)
consecutive fiscal quarters ending on the date of determination, plus (ii) Rentals; all as determined by reference to the financial statements delivered to the Agent in accordance with Section 7.1(A). 
  
 “Lien” means any lien (statutory or other), mortgage,
pledge, hypothecation, assignment, deposit arrangement, encumbrance or preference, priority or security agreement or preferential arrangement of any kind or nature whatsoever (including, without limitation, the interest of a vendor or lessor under
any conditional sale, Capitalized Lease or other title retention agreement). 
  

 -10- 

 “Loan(s)” means, with respect to a Lender, such Lender’s portion of any
Advance made pursuant to Section 2.2 hereof, as applicable, and in the case of the Swing Line Bank, any Swing Line Loan made pursuant to Section 2.3 hereof, and collectively all Revolving Loans and Swing Line Loans, whether made or
continued as or converted to Floating Rate Loans or Eurodollar Rate Loans. 
  
 “Loan Account” is defined in Section 2.15(F) hereof. 
  
 “Loan Documents” means this Agreement, the Notes and all other documents, instruments and agreements executed in connection
therewith or contemplated thereby, as the same may be amended, restated or otherwise modified and in effect from time to time. 
  
 “Margin Stock” shall have the meaning ascribed to such term in Regulation U. 
  
 “Material Adverse Effect” means a material adverse
effect upon (a) the business, operations, financial condition or properties of the Borrowers and their Subsidiaries, taken as a whole, (b) the ability of any Borrower to perform its obligations under the Loan Documents in any material respect, or
(c) the ability of the Lenders or the Agent to enforce in any material respect the Obligations. 
  
 “Multiemployer Plan” means a “Benefit Plan” to which the Parent or any member of the Controlled Group is a party if the
Benefit Plan is maintained pursuant to a collective bargaining agreement and is one to which more than one employer is obligated to make contributions. 
  

“National City Bank” means National City Bank of Indiana, a national banking association, together with its successors and
assigns. 
  
 “Net Cash Proceeds” means,
with respect to any Asset Sale by any Person, (a) cash (freely convertible into Dollars) received by such Person or any Subsidiary of such Person from such Asset Sale (including cash received as consideration for the assumption or incurrence of
liabilities incurred in connection with or in anticipation of such Asset Sale), after (i) provision for all income or other taxes measured by or resulting from such Asset Sale, (ii) payment of all brokerage commissions and other fees and expenses
related to such Asset Sale, (iii) all amounts used to repay Indebtedness secured by a Lien on any asset disposed of in such Asset Sale or which is or may be required (by the express terms of the instrument governing such Indebtedness) to be repaid
in connection with such Asset Sale (including payments made to obtain or avoid the need for the consent of any holder of such Indebtedness) and (iv) appropriate amounts to be provided by such Person as a reserve, in accordance with Agreement
Accounting Principles, against any liabilities associated with such Asset Sale and retained by such Person after such Asset Sale, including pension and other post-employment benefit liabilities, liabilities related to environmental matters and
liabilities under any indemnification obligations associated with such Asset Sale; and (b) cash payments in respect of any other consideration received by such Person or any Subsidiary of such Person from such Asset Sale upon receipt of such cash
payments by such Person or such Subsidiary. 
  
 “Net
Income” means, for any period, the net income (or loss) after deductions for income taxes of the Parent and its Subsidiaries on a consolidated basis for such period taken as a single accounting period determined in conformity with
Agreement Accounting Principles as reflected on the financial statements delivered pursuant to Section 7.1(A). 
  
 “Net Mark-to-Market Exposure” of a Person means, as of any date of determination, the excess (if any) of all unrealized losses
over all unrealized profits of such Person arising from Hedging Agreements. “Unrealized losses” means the fair market value of the cost to such Person of replacing the subject Hedging Agreements as of the date of determination (assuming
the subject Hedging Agreements 

  

 -11- 

 
were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing the subject
Hedging Agreements as of the date of determination (assuming the subject Hedging Agreements were to be terminated as of that date). 
  
 “New Subsidiary” is defined in Section 7.3(G)(ii) hereof. 
  
 “Non Pro Rata Loan” is defined in Section 9.2 hereof. 
  
 “Notes” means the Revolving Notes and the Swing Line
Notes. 
  
 “Notice of Assignment” is
defined in Section 13.3(B) hereof. 
  
 “Obligations” means all Loans, advances, debts, liabilities, obligations, covenants and duties owing by the Borrowers or any Borrower to the Agent, any Lender, the Swing Line Bank, any Issuing Bank, or any
Indemnitee, of any kind or nature, present or future, arising under or relating to this Agreement, the Notes or any other Loan Document, whether or not evidenced by any note, guaranty or other instrument, whether or not for the payment of money,
whether arising by reason of an extension of credit, loan, guaranty, indemnification, or in any other manner, whether direct or indirect (including those acquired by assignment), absolute or contingent, due or to become due, now existing or
hereafter arising and however acquired. The term includes, without limitation, all interest, charges, expenses, fees, attorneys’ fees and disbursements, paralegals’ fees (in each case whether or not allowed), and any other sum chargeable
to the Borrowers or any Borrower under this Agreement or any other Loan Document, all Reimbursement Obligations and all Hedging Obligations owing to any such Person. 
  
 “Other Taxes” is defined in Section 2.15(E)(ii) hereof. 
  
 “Parent” means The Finish Line, Inc., an Indiana
corporation. 
  
 “Participants” is defined
in Section 13.2(A) hereof. 
  
 “Payment
Date” means the last Business Day of each fiscal quarter. 
  
 “PBGC” means the Pension Benefit Guaranty Corporation, or any successor thereto. 
  
 “Permitted Acquisition” is defined in Section 7.3(G) hereof. 
  
 “Permitted Existing Indebtedness” means the Indebtedness of the Parent and its Subsidiaries
identified as such on Schedule 1.1.1 to this Agreement. 
  
 “Permitted Existing Investments” means the Investments of the Parent and its Subsidiaries identified as such on Schedule 1.1.2 to this Agreement. 
  
 “Permitted Existing Liens” means the Liens on assets of the Parent and its Subsidiaries identified
as such on Schedule 1.1.3 to this Agreement. 
  
 “Permitted Refinancing Indebtedness” means any replacement, renewal, refinancing or extension of any Indebtedness that does not increase the aggregate principal amount (plus accrued interest and any applicable
premium and associated fees and expenses) of the Indebtedness being replaced, renewed, refinanced or extended. 
  

 -12- 

 “Person” means any individual, corporation, firm, enterprise, partnership, trust,
incorporated or unincorporated association, joint venture, joint stock company, limited liability company or other entity of any kind, or any government or political subdivision or any agency, department or instrumentality thereof. 
  
 “Plan” means an employee benefit plan, within the
meaning of ERISA Section 3(3), established or maintained by the Parent or any member of the Controlled Group or to which either has any liability, including, without limitation, The Finish Line, Inc. Profit Sharing Plan. 
  
 “Prime Rate” means a rate per annum equal to the
prime rate of interest announced from time to time by National City Bank or its parent (which is not necessarily the lowest rate charged to any customer), changing when and as said prime rate changes. 
  
 “Pro Rata Share” means the Revolving Loan Pro Rata
Share. 
  
 “Purchasers” is defined in
Section 13.3(A) hereof. 
  
 “Rate
Option” means the Eurodollar Rate or the Floating Rate. 
  
 “Register” is defined in Section 13.3(C) hereof. 
  
 “Regulation T” means Regulation T of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said
Board of Governors relating to the extension of credit by and to brokers and dealers of securities for the purpose of purchasing or carrying margin stock (as defined therein). 
  
 “Regulation U” means Regulation U of the Board of Governors of the Federal Reserve System as from
time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by banks for the purpose of purchasing or carrying Margin Stock applicable to member banks of the
Federal Reserve System. 
  
 “Regulation X”
means Regulation X of the Board of Governors of the Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by foreign
lenders for the purpose of purchasing or carrying margin stock (as defined therein). 
  
 “Reimbursement Obligation” is defined in Section 3.7 hereof. 
  
 “Release” means any release, spill, emission, leaking, pumping, injection, deposit, disposal, discharge, dispersal,
leaching or migration into the indoor or outdoor environment, including the movement of Contaminants through or in the air, soil, surface water or groundwater. 
  

“Rentals” means, as of the last day of any fiscal quarter of Parent, with respect to Parent and its Subsidiaries determined on
a consolidated basis, the aggregate amount of rental expense (as determined in accordance with Agreement Accounting Principles) under any lease of real or personal property but does not include any amounts payable under Capitalized Leases of such
Person (including, without limitation, base rent and overage rent) for the four (4) consecutive fiscal quarters ending on the date of determination; provided, however, the amount of any step rent for any such quarter shall be deducted therefrom.

  
 “Replacement Lender” is defined in
Section 2.20 hereof. 
  

 -13- 

 “Reportable Event” means a reportable event as defined in Section 4043 of
ERISA and the regulations issued under such section, with respect to a Plan, excluding, however, such events as to which the PBGC by regulation waived the requirement of Section 4043(a) of ERISA that it be notified within thirty (30) days of the
occurrence of such event, provided, however, that a failure to meet the minimum funding standard of Section 412 of the Code and of Section 302 of ERISA shall be a Reportable Event regardless of the issuance of any such waiver of the
notice requirement in accordance with either Section 4043(a) of ERISA or Section 412(d) of the Code. 
  
 “Required Lenders” means Lenders whose Pro Rata Shares, in the aggregate, are greater than or equal to fifty-one percent (51%);
provided, however, that, if any of the Lenders shall have failed to fund its Revolving Loan Pro Rata Share of any Revolving Loan requested by the Borrowers or of any Swing Line Loan as requested by the Agent, which such Lenders are
obligated to fund under the terms of this Agreement and any such failure has not been cured, then for so long as such failure continues, “Required Lenders” means Lenders (excluding all Lenders whose failure to fund their applicable
Pro Rata Shares of such Revolving Loans or Swing Line Loans has not been so cured) whose Pro Rata Shares represent greater or equal to than fifty-one percent (51%) of the aggregate Pro Rata Shares of such Lenders; provided further,
however, that, if the Commitments have been terminated pursuant to the terms of this Agreement, “Required Lenders” means Lenders (without regard to such Lenders’ performance of their respective obligations hereunder)
whose aggregate ratable shares (stated as a percentage) of the aggregate outstanding principal balance of all Loans and L/C Obligations are greater than or equal to fifty-one percent (51%). 
  
 “Requirements of Law” means, as to any Person, any
law, rule or regulation, 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 Securities Act of 1933, the Securities Exchange Act of 1934, Regulations T, U and X, ERISA, the Fair Labor Standards Act, the Worker Adjustment and Retraining Notification Act, Americans with Disabilities Act of 1990, 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, including Environmental, Health or Safety Requirements
of Law. 
  
 “Reserves” means the maximum
reserve requirement, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) with respect to “Eurocurrency liabilities” or in respect of any other category of liabilities which includes deposits by
reference to which the interest rate on Eurodollar Rate Loans is determined or category of extensions of credit or other assets which includes loans by a non-United States office of any Lender to United States residents. 
  
 “Restricted Payment” means (i) any dividend or other
distribution, direct or indirect, on account of any Equity Interests of any Borrower now or hereafter outstanding, except a dividend payable solely in such Borrower’s Capital Stock (other than Disqualified Stock) or in options, warrants or
other rights to purchase such Capital Stock, (ii) any redemption, retirement, purchase or other acquisition for value, direct or indirect, of any Equity Interests of any Borrower or any of its Subsidiaries now or hereafter outstanding, (iii) any
voluntary redemption, purchase, retirement, defeasance, prepayment or other acquisition for value, direct or indirect, of any Indebtedness other than the Obligations, and (iv) any payment of any management fee or similar consulting fee to any
Affiliate of any Borrower. 
  
 “Revolver
Usage” means the percentage of the average daily portion of the Revolving Credit Obligation to the Aggregate Revolving Loan Commitment. 
  

 -14- 

 “Revolving Credit Availability” means, at any particular time, the amount by
which (a) the Aggregate Revolving Loan Commitment at such time exceeds (b) the Revolving Credit Obligations at such time. 
  
 “Revolving Credit Obligations” means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving
Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the L/C Obligations at such time. 
  

“Revolving Loan” is defined in Section 2.2 hereof. 
  
 “Revolving Loan Commitment” means, for each Lender, the obligation of such Lender to make Revolving
Loans and to purchase participations in Letters of Credit and Swing Line Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading “Revolving Loan Commitment” or the
signature page of the assignment and acceptance by which it became a Lender, as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance. 
  
 “Revolving Loan Pro Rata Share” means, at any
particular time and with respect to any Lender, the percentage obtained by dividing (A) such Lender’s Revolving Loan Commitment (or the outstanding principal balance of such Lender’s Revolving Loans, Swing Line Loans (if any) and all L/C
Obligations in which such Lender has an interest, if the Revolving Loan Commitments have been terminated pursuant to the terms of this Agreement) by (B) the Aggregate Revolving Loan Commitment (or the aggregate outstanding principal balance of the
Revolving Loans, Swing Line Loans and all L/C Obligations, if the Revolving Loan Commitments have been terminated pursuant to the terms of this Agreement). 
  
 “Revolving Loan Termination Date” means February 25, 2010. 
  
 “Revolving Note” means a promissory note, in substantially the form of Exhibit B-1 hereto,
duly executed by the Borrowers and payable to the order of a Lender in the amount of its Revolving Loan Commitment, including any amendment, restatement, modification, renewal or replacement of such Revolving Note. 
  
 “Risk-Based Capital Guidelines” is defined in
Section 4.2 hereof. 
  
 “Sale and Leaseback
Transaction” means any sale or other transfer of property by any Person with the intent to lease such property as lessee. 
  
 “Single Employer Plan” means a Plan maintained by the Borrower or any member of the Controlled Group for employees of the Borrower
or any member of the Controlled Group. 
  
 “Solvent” means, when used with respect to any Person, that at the time of determination: 
  
 (i) the fair value of its assets is equal to or in excess of the total amount of its liabilities, including, without limitation, contingent liabilities;
and 
  
 (ii) the present fair saleable value of its assets is
equal to or in excess of the total amount of its probable liabilities on its debts as they become absolute and matured; and 
  
 (iii) it is then able and expects to be able to pay its debts as they mature; and 
  

 -15- 

 (iv) it has capital sufficient to carry on its business as conducted and as proposed to be conducted.

  
 With respect to contingent liabilities (such as litigation, guarantees and
pension plan liabilities), such liabilities shall be computed at the amount which, in light of all the facts and circumstances existing at the time, represent the amount which can be reasonably be expected to become an actual or matured liability.

  
 “Subsidiary” of a Person means (i) any
corporation more than 50% of the outstanding securities having ordinary voting power of which shall at the time be owned or controlled, directly or indirectly, by such Person or by one or more of its Subsidiaries or by such Person and one or more of
its Subsidiaries, or (ii) any partnership, association, joint venture or similar business organization more than 50% of the ownership interests having ordinary voting power of which shall at the time be so owned or controlled. Unless otherwise
expressly provided, all references herein to a “Subsidiary” shall mean a Subsidiary of the Borrower. 
  
 “Substantial Portion” means, with respect to the property of Parent and its Subsidiaries, property which represents more than ten
percent (10%) of the Consolidated Total Assets as shown in the financial statements of Parent delivered pursuant to Section 7.1(A) as at the end of the most recently completed fiscal quarter. 
  
 “Swing Line Bank” means National City Bank or any
other Lender as a successor Swing Line Bank. 
  
 “Swing
Line Commitment” means the obligation of the Swing Line Bank to make Swing Line Loans up to a maximum principal amount of $5,000,000 at any one time outstanding. 
  
 “Swing Line Loan” means a Loan made available to the Borrower by the Swing Line Bank pursuant to
Section 2.3 hereof. 
  
 “Swing Line
Note” means a promissory note, in substantially the form of Exhibit B-2 hereto, duly executed by the Borrower and payable to the order of the Swing Line Bank in the amount of its Swing Line Commitment, including any amendment,
restatement, modification, renewal or replacement of such Swing Line Note. 
  
 “Taxes” is defined in Section 2.15(E)(i) hereof. 
  
 “Termination Date” means the earlier of (a) the Revolving Loan Termination Date, and (b) the date of termination of the Aggregate
Revolving Loan Commitment pursuant to Section 2.6 hereof or the Commitments pursuant to Section 9.1 hereof. 
  
 “Termination Event” means (i) a Reportable Event with respect to any Benefit Plan; (ii) the withdrawal of any Borrower or any
member of the Controlled Group from a Benefit Plan during a plan year in which such Borrower or such Controlled Group member was a “substantial employer” as defined in Section 4001(a)(2) of ERISA or the cessation of operations which
results in the termination of employment of twenty percent (20%) of Benefit Plan participants who are employees of any Borrower or any member of the Controlled Group; (iii) the imposition of an obligation on any Borrower or any member of the
Controlled Group under Section 4041 of ERISA to provide affected parties written notice of intent to terminate a Benefit Plan in a distress termination described in Section 4041(c) of ERISA; (iv) the institution by the PBGC of proceedings to
terminate a Benefit Plan; (v) any event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Benefit Plan; or (vi) the partial or complete withdrawal of
any Borrower or any member of the Controlled Group from a Multiemployer Plan. 
  

 -16- 

 “Transaction Costs” means the fees, costs and expenses payable by the Borrowers
in connection with (i) the execution, delivery and performance of the Loan Documents or (ii) any Permitted Acquisition. 
  
 “Transferee” is defined in Section 13.5 hereof. 
  
 “Type” means, with respect to any Loan, its nature as a Floating Rate Loan or a Eurodollar Rate
Loan. 
  
 “Unfunded Liabilities” means the
amount (if any) by which the present value of all vested and unvested accrued benefits under all Single Employer Plans exceeds the fair market value of all such Plan assets allocable to such benefits, all determined as of the then most recent
valuation date for such Plans using PBGC actuarial assumptions for single employer plan terminations. 
  
 “Unmatured Default” means an event which, but for the lapse of time or the giving of notice, or both, would constitute a Default.

  
 The foregoing definitions shall be equally applicable to both
the singular and plural forms of the defined terms. Any accounting terms used in this Agreement which are not specifically defined herein shall have the meanings customarily given them in accordance with generally accepted accounting principles
consistent with those applied in the preparation of the financial statements delivered under Section 7.1(A). 
  
 Section 1.2. References. The existence throughout the Agreement of references to the Borrowers’ Subsidiaries is for a matter of convenience
only. Any references to Subsidiaries of the Borrower set forth herein shall not in any way be construed as consent by the Agent or any Lender to the establishment, maintenance or acquisition of any Subsidiary, except as may otherwise be permitted
hereunder. 
  
 Section 1.3. Accounting Terms and
Determinations. All accounting terms not specifically defined in this Agreement shall be construed, all financial data required to be submitted by this Agreement shall be prepared, and all financial computations to determine compliance with the
financial requirements of this Agreement shall be made, in conformity with Agreement Accounting Principles, unless otherwise specifically prescribed herein. 
  
 ARTICLE II: THE REVOLVING LOAN FACILITIES 
  
 Section 2.1. [Reserved] 
  
 Section 2.2. Revolving Loans. Upon the satisfaction of the conditions precedent set forth in Sections 5.1 and 5.2, from and including
the date of this Agreement and prior to the Termination Date, each Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make revolving loans to the Borrowers from time to time, in Dollars, in an amount
not to exceed such Lender’s Revolving Loan Pro Rata Share of Revolving Credit Availability at such time (each individually, a “Revolving Loan” and, collectively, the “Revolving Loans”); provided,
however, at no time shall the Revolving Credit Obligations exceed the Aggregate Revolving Loan Commitment. Subject to the terms of this Agreement, the Borrowers may borrow, repay and reborrow Revolving Loans at any 

  

 -17- 

 
time prior to the Termination Date. On the Termination Date, the Borrowers shall repay in full the outstanding principal balance of the Revolving Loans. Each
Advance under this Section 2.2 shall consist of Revolving Loans made by each Lender ratably in proportion to such Lender’s respective Revolving Loan Pro Rata Share. 
  
 The initial Aggregate Revolving Loan Commitment is Seventy-Five Million and 00/100 Dollars ($75,000,000) but may be
increased up to a maximum amount of One Hundred Fifty Million Dollars ($150,000,000) (subject to the terms herein and subject to market rate underwriting and other fees for such increase) at any time following the Closing Date if no Default or
Unmatured Default has occurred and is continuing at the time of any requested increase. The Borrower Representative may request an increase to the Aggregate Revolving Loan Commitment in writing to the Agent and Agent shall promptly (and, in any
event, within five (5) Business Days) respond to such request. Any such request to increase the Aggregate Revolving Credit Commitment shall be deemed to be a certification by the Borrowers that at the time of such request, there exists no Default or
Unmatured Default and the representations and warranties contained in Article VI are true and correct as of such date except to the extent any such representation or warranty is stated to relate solely to an earlier date, in which case such
representation or warranty shall have been true and correct on and as of such earlier date. Increases to the facility shall be limited to a maximum of two per annum, with increases being in minimum increments of $5,000,000. The Borrowers may solicit
any Lender and/or any other financial institution to provide additional or new commitments as follows: (i) existing Lenders shall have a right of first refusal to increase their Commitments on a pro rata basis (which right shall be accepted or
declined by each existing Lender within twenty-one (21) calendar days of the receipt of written notification of the Borrowers’ election to increase the Aggregate Revolving Loan Commitments in accordance with the provisions hereof); (ii) if the
requested increased aggregate commitment is not fully subscribed by the existing Lenders on a pro rata basis, then any interested existing Lenders may increase their Commitments in such increments as necessary (which election shall be set forth in
the relevant Lender’s notification provided pursuant to the preceding clause (i)); and (iii) if the requested increase is still not satisfied under scenarios (i) or (ii), then new financial institutions may be added as Lenders consistent with
the terms of this Agreement. No Lender shall be committed to provide any incremental commitment until it expressly agrees in writing to provide such a commitment. In the event any such increase is made as a result of adding additional financial
institutions which are not Lenders as of the date of the proposed increase in the Aggregate Revolving Loan Commitments, the final allocations to determine each Lender’s Pro Rata Share shall be determined by the Agent in its sole discretion. The
addition of new financial institutions as Lenders in accordance with this Section shall be evidenced by a written joinder agreement, in form and substance reasonably acceptable to Agent and its counsel, executed by Agent, the Borrowers, the
Guarantors and the new “Lender”; an increase in a Commitment by existing Lender(s) shall be evidenced by a written acknowledgment or amendment, in form and substance reasonably acceptable to Agent and its counsel, executed by Agent, the
Borrowers, the Guarantors and the Lender(s) agreeing to increase their Commitment; and in either case, Exhibit A shall be amended and replaced to reflect the increase in the Aggregate Revolving Loan Commitment. 
  
 Prior to any such increase in the Aggregate Revolving Credit Commitment
becoming effective, the Agent shall have received: 
  
 (a)
copies, certified by the secretary of each Borrower of its Board of Directors’ resolutions and of resolutions or actions of any other body authorizing the increase in the Aggregate Revolving Commitment; 
  
 (b) a certificate, signed by the chief financial officer of the Borrower
Representative, certifying that after giving effect to the increase in the Aggregate Revolving Credit Commitment, no Default or Unmatured Default shall occur and demonstrating that the Borrowers shall be in pro forma compliance with Section 7.4
after giving effect to the increase in the Aggregate Revolving Credit Commitment; 
  

 -18- 

 (c) copies of all governmental and nongovernmental consents, approvals, authorizations, declarations,
registrations or filings required on the part of the Borrowers or any Guarantor in connection with the increase in the Aggregate Revolving Credit Commitment, certified as true and correct in full force and effect as of the date of the increase by an
Authorized Officer of the Borrower Representative, or if none are required, a certificate of such officer to that effect; 
  
 (d) if requested by the Agent, evidence satisfactory to the Agent that no Material Adverse Effect shall have occurred with respect to the Borrowers and
their Subsidiaries since the most recent financial statements provided to the Agent and the Lenders hereunder; 
  
 (e) if requested by the Agent, a confirmation and consent from each Borrower and each Guarantor to the increase in the Aggregate Revolving Credit
Commitment; and 
  
 (f) such other documents and conditions as the
Agent or its counsel may have reasonably requested. 
  
 Section
2.3. Swing Line Loans. 
  
 (A) Amount of Swing Line
Loans. Upon the satisfaction of the conditions precedent set forth in Section 5.1 and 5.2, from and including the date of this Agreement and prior to the Termination Date, the Swing Line Bank agrees, on the terms and conditions set
forth in this Agreement, to make swing line loans to the Borrowers from time to time, in Dollars, in an amount not to exceed the Swing Line Commitment (each, individually, a “Swing Line Loan” and collectively, the “Swing
Line Loans”); provided, however, at no time shall the Revolving Credit Obligations exceed the Aggregate Revolving Loan Commitment. Subject to the terms of this Agreement, the Borrowers may borrow, repay and reborrow Swing Line
Loans at any time prior to the Termination Date. 
  
 (B)
Borrowing Notice. The Borrower Representative shall deliver to the Agent and the Swing Line Bank a Borrowing Notice, signed by it, not later than 1:00 p.m. (Cleveland time) on the Borrowing Date of each Swing Line Loan, specifying (i) the
applicable Borrowing Date (which shall be a Business Day), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000 (and in multiples of $100,000 if in excess of that amount). The Swing Line
Loans shall at all times be Floating Rate Loans. 
  
 (C) Making
of Swing Line Loans. Promptly after receipt of the Borrowing Notice under Section 2.3(B) in respect of Swing Line Loans, the Agent shall notify each Swing Line Bank by telex or telecopy, or other similar form of transmission, of the
requested Swing Line Loan. Not later than 3:00 p.m. (Cleveland time) on the applicable Borrowing Date, the Swing Line Bank shall make available its Swing Line Loan, in funds immediately available in Indianapolis to the Agent at its address specified
pursuant to Article XIV. The Agent will promptly make the funds so received from the Swing Line Bank available to the Borrowers at the Agent’s aforesaid address. 
  
 (D) Repayment of Swing Line Loans. The Swing Line Loans shall be evidenced by the Swing Line Note, and each Swing
Line Loan shall be paid in full by the Borrowers on or before the fifth Business Day after the Borrowing Date for such Swing Line Loan. The Borrowers may at any time pay, without penalty or premium, all outstanding Swing Line Loans or, in a minimum
amount and increments of $100,000, any portion of the outstanding Swing Line Loans, upon notice to the Agent and the Swing 

  

 -19- 

 
Line Bank. In addition, the Agent (i) may at any time in its sole discretion with respect to any outstanding Swing Line Loan, or (ii) shall on the next
succeeding Monday (or if such Monday is not a Business Day then on the following Business Day) after the Borrowing Date of any Swing Line Loan, require each Lender (including the Swing Line Bank), following written demand therefor, to make a
Revolving Loan in the amount of such Lender’s Revolving Loan Pro Rata Share of such Swing Line Loan, for the purpose of repaying such Swing Line Loan. Not later than 2:00 p.m. (Cleveland time) on the date of any notice received pursuant to the
foregoing sentence, each Lender shall make available its required Revolving Loan or Revolving Loans, in funds immediately available in Indianapolis to the Agent at its address specified pursuant to Article XIV. Revolving Loans made pursuant
to this Section 2.3(D) shall initially be Floating Rate Loans and thereafter may be continued as Floating Rate Loans or converted into Eurodollar Rate Loans in the manner provided in Section 2.10 and subject to the other conditions and
limitations therein set forth and set forth in this Article II. Unless a Lender shall have notified the Swing Line Bank, prior to its making any Swing Line Loan, that any applicable condition precedent set forth in Sections 5.1 and
5.2 had not then been satisfied, such Lender’s obligation to make Revolving Loans pursuant to this Section 2.3(D) to repay Swing Line Loans shall be unconditional, continuing, irrevocable and absolute and shall not be affected by
any circumstances, including, without limitation, (a) any set-off, counterclaim, recoupment, defense or other right which such Lender may have against the Agent, the Swing Line Bank or any other Person, (b) the occurrence of continuance of a Default
or Unmatured Default, (c) any adverse change in the condition (financial or otherwise) of any Borrower, or (d) any other circumstances, happening or event whatsoever. In the event that any Lender fails to make payment to the Agent of any amount due
under this Section 2.3(D), the Agent shall be entitled to receive, retain and apply against such obligation the principal and interest otherwise payable to such Lender hereunder until the Agent receives such payment from such Lender or such
obligation is otherwise fully satisfied. In addition to the foregoing, if for any reason any Lender fails to make payment to the Agent of any amount due under this Section 2.3(D), such Lender shall be deemed, at the option of the Agent, to
have unconditionally and irrevocably purchased from the Swing Line Bank, without recourse or warranty, an undivided interest and participation in the applicable Swing Line Loan in the amount of such Revolving Loan, and such interest and
participation may be recovered from such Lender together with interest thereon at the Federal Funds Effective Rate for each day during the period commencing on the date of demand and ending on the date such amount is received. On the Termination
Date, the Borrowers shall repay in full the outstanding principal balance of the Swing Line Loans. 
  
 Section 2.4. Rate Options for All Advances. The Revolving Loans may be Floating Rate Advances or Eurodollar Rate Advances, or a combination
thereof, selected by the Borrower Representative in accordance with Section 2.10. The Borrower Representative may select, in accordance with Sections 2.8 or 2.10, as the case may be, Rate Options and Interest Periods applicable
to portions of the Revolving Loans; provided that there shall be no more than seven (7) Interest Periods in effect with respect to all of the Loans at any time. The Swing Line Loans shall at all times be Floating Rate Loans. 
  
 Section 2.5. Optional Payments; Mandatory Prepayments. 
  
 (A) Optional Payments. The Borrowers may from time to time repay or
prepay, without penalty or premium all or any part of outstanding Floating Rate Advances. Eurodollar Rate Advances may be voluntarily repaid or prepaid prior to the last day of the applicable Interest Period, subject to the indemnification
provisions contained in Section 4.4, provided, that the Borrowers may not so prepay Eurodollar Rate Advances unless the Borrower Representative shall have provided at least three Business Days’ written notice to the Agent of such
prepayment. 
  

 -20- 

 (B) Mandatory Prepayments. 
  
 (i) If at any time and for any reason the Revolving Credit Obligations are greater than the Aggregate Revolving Loan
Commitment, the Borrowers shall promptly upon notice thereof from Agent make a mandatory prepayment of the Obligations in an amount equal to such excess. In addition, if Revolving Credit Availability is at any time less than the amount of contingent
L/C Obligations outstanding at any time, the Borrowers shall either reduce the aggregate Revolving Loans outstanding or deposit cash collateral with the Agent in either case in an amount equal to the amount by which such L/C Obligations exceed such
Revolving Credit Availability. 
  
 (ii) All of the mandatory
prepayments made under this Section 2.5(B) shall be applied first to Floating Rate Loans and to any Eurodollar Rate Loans maturing on such date and then to subsequently maturing Eurodollar Rate Loans in order of maturity. 
  
 Section 2.6. Reduction of Commitments. (a) The Borrowers may
permanently reduce the Aggregate Revolving Loan Commitment in whole, or in part ratably among the Lenders, in an aggregate minimum amount of $5,000,000 with respect to the Aggregate Revolving Loan Commitment and integral multiples of $1,000,000 in
excess of that amount with respect to the Aggregate Revolving Loan Commitment (unless the Aggregate Revolving Loan Commitment is reduced in whole), upon at least one Business Day’s written notice to the Agent, which notice shall specify the
amount of any such reduction; provided, however, that the amount of the Aggregate Revolving Loan Commitment may not be reduced below the aggregate principal amount of the outstanding Revolving Credit Obligations. 
  
 (b) All accrued commitment fees shall be payable on the effective date of any
termination of the obligations of the Lenders to make Loans hereunder. 
  
 Section 2.7. Method of Borrowing. Not later than 12:00 p.m. (Cleveland time) on each Borrowing Date, each Lender shall make available its Revolving Loan in funds immediately available in Indianapolis to the Agent at its address
specified pursuant to Article XIV. The Agent will promptly make the funds so received from the Lenders available to the Borrowers at the Agent’s aforesaid address. 
  
 Section 2.8. Method of Selecting Types and Interest Periods for Advances/Borrowing Notices. The Borrower
Representative shall select the Type of Advance and, in the case of each Eurodollar Rate Advance, the Interest Period applicable to each Advance from time to time. The Borrower Representative shall give the Agent irrevocable notice in substantially
the form of Exhibit C hereto (a “Borrowing Notice”) not later than 10:00 a.m. (Cleveland time) (a) on the Borrowing Date of each Floating Rate Advance and (b) three Business Days before the Borrowing Date for each Eurodollar
Rate Advance, specifying: (i) the Borrowing Date (which shall be a Business Day) of such Advance; (ii) the aggregate amount of such Advance; (iii) the Type of Advance selected; and (iv) in the case of each Eurodollar Rate Advance, the Interest
Period applicable thereto. Each Floating Rate Advance shall bear interest from and including the date of the making of such Advance to (but not including) the date of repayment thereof at the Floating Rate, changing when and as such Floating Rate
changes. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Loan will take effect simultaneously with each change in the Alternate Base Rate. Each Eurodollar Rate Advance shall bear interest from and
including the first day of the Interest Period applicable thereto to (but not including) the last day of such Interest Period at the interest rate determined as applicable to such Eurodollar Rate Advance. 
  
 Section 2.9. Minimum Amount of Each Advance. Each Advance (other than
a Swing Line Advance or an Advance to repay Swing Line Loans or a Reimbursement Obligation) shall be in the minimum amount of $3,000,000 (and in multiples of $1,000,000 if in excess thereof); provided, however, that any Floating Rate
Advance may be in the amount of the unused Aggregate Revolving Loan Commitment. 
  

 -21- 

 Section 2.10. Method of Selecting Types and Interest Periods for Conversion and Continuation of
Advances. 
  
 (A) Right to Convert/Breakage Costs. The
Borrower Representative may elect from time to time, subject to the provisions of Section 2.4 and this Section 2.10, to convert all or any part of a Loan of any Type into any other Type or Types of Loans; provided that any
conversion of any Eurodollar Rate Advance shall be made on, and only on, the last day of the Interest Period applicable thereto. Notwithstanding anything in this Agreement or any of the other Loan Documents to the contrary, the Borrower shall be
liable for all amounts pursuant to Section 4.4 as a result of the conversion prior to the end of the applicable Interest Period. 
  
 (B) Automatic Conversion and Continuation. Floating Rate Loans shall continue as Floating Rate Loans unless and until such Floating Rate Loans are
converted into Eurodollar Rate Loans. Eurodollar Rate Loans shall continue as Eurodollar Rate Loans until the end of the then applicable Interest Period therefor, at which time such Eurodollar Rate Loans shall be automatically converted into
Floating Rate Loans unless the Borrower Representative shall have given the Agent notice in accordance with Section 2.10(D) requesting that, at the end of such Interest Period, such Eurodollar Rate Loans continue as a Eurodollar Rate Loan.

  
 (C) No Conversion Post-Default or Post-Unmatured
Default. Notwithstanding anything to the contrary contained in Section 2.10(A) or Section 2.10(B), no Loan may be converted into or continued as a Eurodollar Rate Loan if the Required Lenders, by notice to the Borrower Representative and the
Agent, following the occurrence and during the continuation of a Default or Unmatured Default, declare that no Loan may be converted into or continued as a Eurodollar Rate Loan. 
  
 (D) Conversion/Continuation Notice. The Borrower Representative shall give the Agent irrevocable notice (a
“Conversion/Continuation Notice”) of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 10:00 a.m. (Cleveland time) three Business Days prior to the date of
the requested conversion or continuation, specifying: (1) the requested date (which shall be a Business Day) of such conversion or continuation; (2) the amount and Type of the Loan to be converted or continued; and (3) the amount of Eurodollar Rate
Loan(s) into which such Loan is to be converted or continued and the duration of the Interest Period applicable thereto. 
  
 Section 2.11. Default Rate. After the occurrence and during the continuance of a Default, at the option of the Agent or at the direction of the
Required Lenders by written notice to the Borrower Representative, the interest rate(s) applicable to the Obligations and the fees payable under Section 3.8 with respect to Letters of Credit shall be increased by two percent (2.0%) per annum
above the Floating Rate or Eurodollar Rate, as applicable (“Default Rate”). 
  
 Section 2.12. Method of Payment. All payments of principal, interest, and fees hereunder shall be made, without setoff, deduction or counterclaim,
in immediately available funds to the Agent at the Agent’s address specified pursuant to Article XIV, or at any other Lending Installation of the Agent specified in writing by the Agent to the Borrower Representative, by 2:00 p.m.
(Cleveland time) on the date when due and shall be made ratably among the Lenders (unless such amount is not to be shared ratably in accordance with the terms hereof). Each payment delivered to the Agent for the account of any 

  

 -22- 

 
Lender shall be delivered promptly by the Agent to such Lender in the same type of funds which the Agent received at its address specified pursuant to
Article XIV or at any Lending Installation specified in a notice received by the Agent from such Lender. The Borrowers authorize the Agent to charge the account of any Borrower maintained with National City Bank for each payment of principal,
interest and fees as it becomes due hereunder. National City Bank will notify the Borrower Representative of any such charges. 
  
 Section 2.13. Notes. Each Lender is authorized to record the principal amount of each of its Loans and each repayment with respect to its Loans on
the schedule attached to its respective Notes; provided, however, that the failure to so record shall not affect the Borrowers’ obligations under any such Note. 
  
 Section 2.14. Telephonic Notices. The Borrowers authorize the Lenders and the Agent to extend Advances, issue Letters
of Credit, effect selections of Types of Advances and to transfer funds based on telephonic notices made by any person or persons the Agent or any Lender in good faith believes to be acting on behalf of the Borrower Representative. The Borrowers
agree to deliver promptly to the Agent a written confirmation, signed by an Authorized Officer of the Borrower Representative, if such confirmation is requested by the Agent or any Lender, of each telephonic notice. If the written confirmation
differs in any material respect from the action taken by the Agent and the Lenders, (i) the telephonic notice shall govern absent manifest error and (ii) the Agent or the Lender, as applicable, shall promptly notify the Authorized Officer of the
Borrower Representative who provided such confirmation of such difference. 
  
 Section 2.15. Promise to Pay; Interest and Commitment Fees; Interest Payment Dates; Interest and Fee Basis; Taxes; Loan and Control Accounts. 
  
 (A) Promise to Pay. The Borrowers, jointly and severally, unconditionally promise to pay when due the principal
amount of each Loan and all other Obligations incurred by any Borrower, and to pay all unpaid interest accrued thereon, in accordance with the terms of this Agreement and the Notes. 
  
 (B) Interest Payment Dates. Interest accrued on each Floating Rate Loan shall be payable on each Payment Date,
commencing with the first such date to occur after the date hereof, and at maturity (whether by acceleration or otherwise). Interest accrued on each Eurodollar Rate Loan shall be payable on the last day of its applicable Interest Period, on any date
on which the Eurodollar Rate Loan is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurodollar Rate Loan having an Interest Period longer than three months shall also be payable on the last day of each
three-month interval during such Interest Period. 
  
 (C)
Commitment Fees. (i) The Borrowers shall pay to the Agent, for the account of the Lenders as provided herein below, from and after the Closing Date until the date on which the Aggregate Revolving Loan Commitment shall be terminated in whole,
a commitment fee accruing at the rate of the then Applicable Commitment Fee Percentage, on the amount by which (x) the Aggregate Revolving Loan Commitment exceeds (y) the Revolving Credit Obligations, excluding any outstanding Swing Line Loans, from
time to time. All such commitment fees payable under this clause (C)(i) shall be payable quarterly in arrears on the last Business Day of each fiscal quarter of the Borrowers occurring after the Closing Date (with the first such payment being
calculated for the period from the Closing Date and ending on May 28, 2005), and, in addition, on the date on which the Aggregate Revolving Loan Commitment shall be terminated in whole. The Agent shall pay to each Lender a portion of such commitment
fee based on the amount by which such Lender’s Revolving Loan Commitment exceeds such Lender’s Revolving Credit Obligations (excluding the outstanding Swing Line Loans). 
  

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 (ii) The Borrowers agree, jointly and severally, to pay to the Agent for the sole account of the Agent
and the Arranger (unless otherwise agreed between the Agent and the Arranger and any Lender) the fees set forth in the letter agreements among the Agent, the Arranger and the Borrowers dated December 20, 2004, payable at the times and in the amounts
set forth therein. 
  
 (D) Interest and Fee Basis; Applicable
Floating Rate Margin, Applicable Eurodollar Margin and Applicable Commitment Fee Percentage. 
  
 (i) Interest on all Obligations and all fees shall be calculated for actual days elapsed on the basis of a 360-day year. Interest shall be payable for the
day an Obligation is incurred but not for the day of any payment on the amount paid if payment is received prior to 2:00 p.m. (Cleveland time) at the place of payment. If any payment of principal of or interest on a Loan or any payment of any other
Obligations shall become due on a day which is not a Business Day, such payment shall be made on the immediately preceding Business Day. 
  
 (ii) The Applicable Floating Rate Margin and Applicable Eurodollar Margin for all Loans and the Applicable Commitment Fee Percentage shall be determined
from time to time by reference to the table set forth below, based upon the Leverage Ratio as described in this Section 2.15(D)(ii). 
  

										
	 Leverage Ratio

	  	Applicable
Eurodollar
Margin

	 	 	Applicable
Floating Rate
Margin

	 	 	Applicable
Commitment
Fee Percentage

	 
	 Greater than 3.5 to 1.0
	  	1.125	%	 	0.00	%	 	0.200	%
	 Greater than 3.0 to 1.0 and less than or equal to 3.5 to 1.0
	  	1.000	%	 	0.00	%	 	0.175	%
	 Greater than 2.5 to 1.0 and less than or equal to 3.0 to 1.0
	  	0.800	%	 	0.00	%	 	0.150	%
	 Greater than 2.0 to 1.0 and less than or equal to 2.5 to 1.0
	  	0.600	%	 	0.00	%	 	0.125	%
	 Less than 2.0 to 1.0
	  	0.400	%	 	0.00	%	 	0.100	%

  
 For purposes of this Section
2.15(D)(ii), the Leverage Ratio shall be determined as of the last day of each fiscal quarter based upon the financial statements delivered pursuant to Sections 7.1(A)(i) and (ii), as applicable, and the Applicable Floating Rate
Margin, Applicable Eurodollar Margin and Applicable Commitment Fee Percentage shall be adjusted, such adjustment being effective on the fifth Business Day 

  

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following the Agent’s receipt of such financial statements and the compliance certificate required to be delivered in connection therewith pursuant to
Section 7.1(A)(iii); provided, that if the Borrowers shall not have timely delivered their financial statements in accordance with Section 7.1(A)(i) or (ii), as applicable, then commencing on the date upon which such
financial statements should have been delivered and continuing until the fifth Business Day after such financial statements are actually delivered, it shall be assumed for purposes of determining the Applicable Floating Rate Margin, Applicable
Eurodollar Margin and Applicable Commitment Fee Percentage that the Leverage Ratio was greater than 3.5 to 1.00. 
  
 (E) Taxes. 
  
 (i) Any and all payments by the Borrowers hereunder shall be made free and clear of and without deduction for any and all present or future taxes, levies,
imposts, deductions, charges or withholdings or any liabilities with respect thereto including those arising after the date hereof, in the case of a Lender party hereto as of the date hereof, or after the date any such other Person becomes a Lender
hereunder, as a result of the adoption of or any change in any law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but
excluding, in the case of each Lender and the Agent, (i) such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by such Lender’s or Agent’s, as the case may be, income by the United
States of America or any Governmental Authority of the jurisdiction under the laws of which such Lender or Agent, as the case may be, is organized or maintains a Lending Installation and (ii) in the case of a Foreign Lender (as defined below), any
withholding tax that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a party hereto (or designates a new Lending Installation) or is attributable to such Foreign Lender’s failure or inability to
comply with Section 2.15(E)(vi) (all such non-excluded taxes, levies, imposts, deductions, charges, withholdings, and liabilities which the Agent or a Lender determines to be applicable to this Agreement, the other Loan Documents, the Revolving Loan
Commitments, the Loans or the Letters of Credit being hereinafter referred to as “Taxes”). If the Borrowers shall be required by law to deduct any Taxes from or in respect of any sum payable hereunder or under the other Loan
Documents to any Lender or the Agent, (i) the sum payable shall be increased as may be necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.15(E)) such Lender
or the Agent (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) the Borrowers shall make such deductions, and (iii) the Borrowers shall pay the full amount deducted to the relevant
taxation authority or other authority in accordance with applicable law. If a withholding tax of the United States of America or any other Governmental Authority shall be or become applicable (y) after the date of this Agreement, to such payments by
any Borrower made to the Lending Installation or any other office that a Lender may claim as its Lending Installation, or (z) after such Lender’s selection and designation of any other Lending Installation, to such payments made to such other
Lending Installation, such Lender shall use reasonable efforts to make, fund and maintain its Loans through another Lending Installation of such Lender in another jurisdiction so as to reduce the Borrower’s liability hereunder, if the making,
funding or maintenance of such Loans through such other Lending Installation of such Lender does not, in the judgment of such Lender, otherwise adversely affect such Loans, or obligations under the Commitments or such Lender. 
  
 (ii) In addition, the Borrowers, jointly and severally, agree to pay any
present or future stamp or documentary taxes or any other excise or property taxes, charges, or similar levies which arise from any payment made hereunder, from the issuance of Letters of Credit hereunder, or from the execution, delivery or
registration of, or otherwise with respect to, this Agreement, the other Loan Documents, the Commitments, the Loans or the Letters of Credit (hereinafter referred to as “Other Taxes”). 
  

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 (iii) The Borrowers, jointly and severally, agree to indemnify each Lender and the Agent for the full
amount of Taxes and Other Taxes (including, without limitation, any Taxes or Other Taxes imposed by any Governmental Authority on amounts payable under this Section 2.15(E)) paid by such Lender or the Agent (as the case may be) and any
liability (including penalties, interest, and expenses) arising therefrom or with respect thereto. This indemnification shall be made within thirty (30) days after the date such Lender or the Agent (as the case may be) makes written demand on the
Borrower Representative therefor accompanied by a certificate, as contemplated by the following sentence. A certificate as to any additional amount payable to any Lender or the Agent under this Section 2.15(E) submitted to the Borrower
Representative and the Agent (if a Lender is so submitting) by such Lender or the Agent shall show in reasonable detail the amount payable and the calculations used to determine such amount and shall, absent manifest error, be final, conclusive and
binding upon all parties hereto, provided that no Lender or the Agent shall be entitled to compensation for periods prior to 90 days from the date that any such Lender or the Agent submits a written demand for compensation accompanied by the above
referenced certificate. With respect to such deduction or withholding for or on account of any Taxes and to confirm that all such Taxes have been paid to the appropriate Governmental Authorities, the Borrower shall promptly (and in any event not
later than thirty (30) days after receipt) furnish to each Lender and the Agent such certificates, receipts and other documents as may be required (in the judgment of such Lender or the Agent) to establish any tax credit to which such Lender or the
Agent may be entitled. 
  
 (iv) The Borrowers shall furnish to the
Agent the original or a certified copy of a receipt evidencing payment of any Taxes or Other Taxes promptly upon the receipt thereof. 
  
 (v) Without prejudice to the survival of any other agreement of the Borrowers hereunder, the agreements and obligations of the Borrowers contained in this
Section 2.15(E) shall survive the payment in full of principal and interest hereunder, the termination of the Letters of Credit and the termination of this Agreement. 
  
 (vi) Without limiting the obligations of the Borrowers under this Section 2.15(E), each Lender that is not created or
organized under the laws of the United States of America or a political subdivision thereof (any such Lender, a “Foreign Lender”) shall deliver to the Borrower Representative and the Agent (or, in the case of a Participant, to the
Lender from which the related participation shall have been purchased) on or before the Closing Date, or, if later, the date on which such Lender becomes a Lender pursuant to Section 13.3, two copies of either U.S. Internal Revenue Service Form
W-8BEN, Form W-8ECI, or W-8IMY or any subsequent versions thereof or successors thereto or, in the case of a Foreign Lender claiming exemption from U.S. federal withholding tax under Section 871(h) or 881(c) of the Code with respect to payments of
“portfolio interest”, such Foreign Lender delivers a Form W-8BEN or W-8IMY with the appropriate forms attached thereto, or any subsequent versions thereof or successors thereto properly completed and duly executed by such Foreign Lender
and represents that such Foreign Lender is the sole record and beneficial owner of the Loans or the obligations evidenced by Note(s) in respect of which it is providing the following representations and is not (A) a “bank” within the
meaning of section 881(c)(3)(A) of the Code and furthermore (i) is not subject to regulatory or other legal requirements as a bank in any jurisdiction, and (ii) has not been treated as a bank for purposes of any tax, securities law or other filing
or submission made to any Governmental Authority, any application made to a rating agency or qualification for any exemption from tax, securities law or other legal requirements, (B) a “10 percent shareholder” of the Borrower within the
meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code. Such forms shall be delivered by each Foreign Lender on or before the date it becomes a party to this
Agreement (or, in the case of any Participant, on or before the date such Participant purchases the related participation). In addition, each Foreign Lender shall deliver such forms promptly upon the obsolescence or invalidity of any form previously
delivered by such Foreign Lender. Each Lender shall promptly furnish to the Borrower Representative and the Agent such additional documents as may be reasonably required by the 

  

 -26- 

 
Borrower Representative or the Agent to establish any exemption from or reduction of any Taxes or Other Taxes required to be deducted or withheld and which
may be obtained without undue expense to such Lender. Each Foreign Lender shall promptly notify the Borrowers at any time it determines that it is no longer in a position to provide any previously delivered certificate to the Borrowers (or any other
form of certification adopted by the U.S. taxing authorities for such purpose). Each Lender shall promptly furnish to the Borrower Representative and the Agent such additional documents as may be reasonably required by the Borrower Representative or
the Agent to establish any exemption from or reduction of any Taxes or Other Taxes required to be deducted or withheld and which may be obtained without undue expense to such Lender. 
  
 (F) Loan Account. Each Lender shall maintain in accordance with its usual practice an account or accounts (a
“Loan Account”) evidencing the Obligations of the Borrowers to such Lender owing to such Lender from time to time, including the amount of principal and interest payable and paid to such Lender from time to time hereunder and under
the Notes. 
  
 (G) Entries Binding. The entries made in the
Register and each Loan Account shall be conclusive and binding for all purposes, absent manifest error, unless the Borrower Representative objects to information contained in the Register and each Loan Account within thirty (30) days of the Borrower
Representative’s receipt of such information. 
  
 Section
2.16. Notification of Advances, Interest Rates, Prepayments and Aggregate Revolving Loan Commitment Reductions. Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Revolving Loan Commitment
reduction notice, Borrowing Notice, Continuation/Conversion Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Rate Loan promptly upon determination of such
interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate. 
  
 Section 2.17. Lending Installations. Each Lender may book its Loans at any Lending Installation selected by such Lender and may change its Lending
Installation from time to time. All terms of this Agreement shall apply to any such Lending Installation and the Notes shall be deemed held by each Lender for the benefit of such Lending Installation. Each Lender may, by written or facsimile notice
to the Agent and the Borrower Representative, designate a Lending Installation through which Loans will be made by it and for whose account Loan payments are to be made. 
  
 Section 2.18. Non-Receipt of Funds by the Agent. Unless the Borrower Representative or a Lender, as the case may be,
notifies the Agent prior to the date on which it is scheduled to make payment to the Agent of (i) in the case of a Lender, the proceeds of a Loan or (ii) in the case of the Borrower, a payment of principal, interest or fees to the Agent for the
account of the Lenders, that it does not intend to make such payment, the Agent may assume that such payment has been made. The Agent may, but shall not be obligated to, make the amount of such payment available to the intended recipient in reliance
upon such assumption. If such Lender or the Borrower, as the case may be, has not in fact made such payment to the Agent, the recipient of such payment shall, on demand by the Agent, repay to the Agent the amount so made available together with
interest thereon in respect of each day during the period commencing on the date such amount was so made available by the Agent until the date the Agent recovers such amount at a rate per annum equal to (i) in the case of payment by a Lender, the
Federal Funds Effective Rate for such day or (ii) in the case of payment by the Borrower, the interest rate applicable to the relevant Loan. 
  

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 Section 2.19. Termination Date. This Agreement shall be effective until the Termination Date.
Notwithstanding the termination of this Agreement on the Termination Date, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all of the Letters of Credit shall have expired, been
canceled, terminated or arrangements satisfactory to the Issuing Banks established in respect of such Letters of Credit, all of the rights and remedies under this Agreement and the other Loan Documents shall survive. 
  
 Section 2.20. Replacement of Certain Lenders. In the event a Lender
(“Affected Lender”) shall have: (i) failed to fund its applicable Pro Rata Share of any Advance requested by the Borrower, or to fund a Revolving Loan in order to repay Swing Line Loans pursuant to Section 2.3(D) or in
respect of L/C Obligations, which such Lender is obligated to fund under the terms of this Agreement and which failure has not been cured, (ii) requested compensation from the Borrower under Sections 2.15(E), 4.1 or 4.2 to
recover Taxes, Other Taxes or other additional costs incurred by such Lender which are not being incurred generally by the other Lenders, (iii) delivered a notice pursuant to Section 4.3 claiming that such Lender is unable to extend
Eurodollar Rate Loans to the Borrower for reasons not generally applicable to the other Lenders or (iv) has invoked Section 10.2, then, in any such case, the Borrower Representative or the Agent may make written demand on such Affected Lender
(with a copy to the Agent in the case of a demand by the Borrower and a copy to the Borrower Representative in the case of a demand by the Agent) for the Affected Lender to assign, and such Affected Lender shall use its best efforts to assign
pursuant to one or more duly executed Assignment Agreements five (5) Business Days after the date of such demand, to one or more financial institutions that comply with the provisions of Section 13.3(A) which the Borrower or the Agent, as the
case may be, shall have engaged for such purpose (“Replacement Lender”), all of such Affected Lender’s rights and obligations under this Agreement and the other Loan Documents (including, without limitation, its Revolving Loan
Commitment, all Loans owing to it, all of its participation interests in existing Letters of Credit and Swing Line Loans, and its obligation to participate in additional Letters of Credit and Swing Line Loans hereunder) in accordance with Section
13.3. The Agent agrees, upon the occurrence of such events with respect to an Affected Lender and upon the written request of the Borrower Representative, to use its reasonable efforts to obtain the commitments from one or more financial
institutions to act as a Replacement Lender. The Agent is authorized to execute one or more of such assignment agreements as attorney-in-fact for any Affected Lender failing to execute and deliver the same within five (5) Business Days after the
date of such demand. Further, with respect to such assignment the Affected Lender shall have concurrently received, in cash, all amounts due and owing to the Affected Lender hereunder or under any other Loan Document, including, without limitation,
the aggregate outstanding principal amount of the Loans owed to such Lender, together with accrued interest thereon through the date of such assignment, amounts payable under Sections 2.15(E), 4.1, and 4.2 with respect to such
Affected Lender and compensation payable under Section 2.15(C) in the event of any replacement of any Affected Lender under clause (ii) or clause (iii) of this Section 2.20; provided that upon such Affected
Lender’s replacement, such Affected Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.15(E), 4.1, 4.2, 4.4, and 10.7, as well as to any fees accrued for
its account hereunder and not yet paid, and shall continue to be obligated under Section 11.8 with respect to obligations of the Affected Lender which accrued but were not yet paid under Section 11.8 at the time of the assignment to
the Replacement Lender. Upon the replacement of any Affected Lender pursuant to this Section 2.20, the provisions of Section 9.2 shall continue to apply with respect to Borrowings which are then outstanding with respect to which the
Affected Lender failed to fund its applicable Pro Rata Share and which failure has not been cured. 
  

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 ARTICLE III: THE LETTER OF CREDIT FACILITY 
  
 Section 3.1. Obligation to Issue. Subject to the terms and conditions
of this Agreement and in reliance upon the representations, warranties and covenants of the Borrowers herein set forth, each Issuing Bank hereby agrees to issue for the account of a Borrower or a Guarantor thereof through such Issuing Bank’s
branches as it and the Borrower Representative may jointly agree, one or more Letters of Credit denominated in Dollars in accordance with this Article III, from time to time during the period, commencing on the date hereof and ending on the
Business Day prior to the Termination Date. All Existing Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof. 
  
 Section 3.2. [Intentionally Omitted]. 
  
 Section 3.3. Types and Amounts. No Issuing Bank shall have any
obligation to and no Issuing Bank shall: 
  
 (i) issue any Letter
of Credit if on the date of issuance, before or after giving effect to the Letter of Credit requested hereunder, (a) the Revolving Credit Obligations at such time would exceed the Aggregate Revolving Loan Commitment at such time, or (b) the
aggregate outstanding amount of the L/C Obligations would exceed $20,000,000; or 
  
 (ii) issue any Letter of Credit which has an expiration date later than the date which is the earlier of one (1) year after the date of issuance thereof or five (5) Business Days immediately preceding the Termination
Date. 
  
 Section 3.4. Conditions. In addition to being
subject to the satisfaction of the conditions contained in Sections 5.1 and 5.2, the obligation of an Issuing Bank to issue any Letter of Credit is subject to the satisfaction in full of the following conditions: 
  
 (i) the Borrower Representative shall have delivered to the applicable
Issuing Bank at such times and in such manner as such Issuing Bank may reasonably prescribe, a request for issuance of such Letter of Credit in substantially the form of Exhibit D hereto, duly executed applications for such Letter of Credit,
and such other documents, instructions and agreements as may be required pursuant to the terms thereof, and the proposed Letter of Credit shall be reasonably satisfactory to such Issuing Bank as to form and content; and 
  
 (ii) as of the date of issuance no order, judgment or decree of any court,
arbitrator or Governmental Authority shall purport by its terms to enjoin or restrain the applicable Issuing Bank from issuing such Letter of Credit and no law, rule or regulation applicable to such Issuing Bank and no request or directive (whether
or not having the force of law) from a Governmental Authority with jurisdiction over such Issuing Bank shall prohibit or request that such Issuing Bank refrain from the issuance of Letters of Credit generally or the issuance of that Letter of
Credit. 
  
 Section 3.5. Procedure for Issuance of Letters of
Credit. (a) Subject to the terms and conditions of this Article III and provided that the applicable conditions set forth in Sections 5.1 and 5.2 hereof have been satisfied, the applicable Issuing Bank shall, on the
requested date, issue a Letter of Credit for the account of a Borrower or a Guarantor in accordance with such Issuing Bank’s usual and customary business practices and, in this connection, such Issuing Bank may assume that the applicable
conditions set forth in Section 5.2 hereof have been satisfied unless it shall have received notice to the contrary from the Agent or a Lender or has knowledge that the applicable conditions have not been met. 
  

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 (b) The applicable Issuing Bank shall give the Agent written or telex notice, or telephonic notice
confirmed promptly thereafter in writing, of the issuance of a Letter of Credit, provided, however, that the failure to provide such notice shall not result in any liability on the part of such Issuing Bank. 
  
 (c) No Issuing Bank shall extend or amend any Letter of Credit unless the
requirements of this Section 3.5 are met as though a new Letter of Credit was being requested and issued. 
  
 Section 3.6. Letter of Credit Participation. Immediately upon the issuance of each Letter of Credit hereunder, each Lender with a Revolving Loan
Pro Rata Share shall be deemed to have automatically, irrevocably and unconditionally purchased and received from the applicable Issuing Bank an undivided interest and participation in and to such Letter of Credit, the obligations of the Borrower in
respect thereof, and the liability of such Issuing Bank thereunder (collectively, an “L/C Interest”) in an amount equal to the amount available for drawing under such Letter of Credit multiplied by such Lender’s Revolving Loan
Pro Rata Share. Each Issuing Bank will notify each Lender promptly upon presentation to it of an L/C Draft or upon any other draw under a Letter of Credit. On or before the Business Day on which an Issuing Bank makes payment of each such L/C Draft
or, in the case of any other draw on a Letter of Credit, on demand by the Agent, each Lender shall make payment to the Agent, for the account of the applicable Issuing Bank, in immediately available funds in an amount equal to such Lender’s
Revolving Loan Pro Rata Share of the amount of such payment or draw. The obligation of each Lender to reimburse the Issuing Banks under this Section 3.6 shall be unconditional, continuing, irrevocable and absolute. In the event that any
Lender fails to make payment to the Agent of any amount due under this Section 3.6, the Agent shall be entitled to receive, retain and apply against such obligation the principal and interest otherwise payable to such Lender hereunder until
the Agent receives such payment from such Lender or such obligation is otherwise fully satisfied; provided, however, that nothing contained in this sentence shall relieve such Lender of its obligation to reimburse the applicable
Issuing Bank for such amount in accordance with this Section 3.6. 
  
 Section 3.7. Reimbursement Obligation. The Borrowers, jointly and severally, agree unconditionally, irrevocably and absolutely to pay immediately to the Agent, for the account of the Lenders, the amount of each
advance which may be drawn under or pursuant to a Letter of Credit or an L/C Draft related thereto (such obligation of the Borrowers to reimburse the Agent for an advance made under a Letter of Credit or L/C Draft being hereinafter referred to as a
“Reimbursement Obligation” with respect to such Letter of Credit or L/C Draft). If the Borrowers at any time fail to repay a Reimbursement Obligation pursuant to this Section 3.7, the Borrowers shall be deemed to have elected
to borrow Revolving Loans from the Lenders, as of the date of the advance giving rise to the Reimbursement Obligation, equal in amount to the amount of the unpaid Reimbursement Obligation and the borrowing of such Revolving Loans shall satisfy the
Borrowers’ obligations in respect of the subject Reimbursement Obligation. Such Revolving Loans shall be made as of the date of the payment giving rise to such Reimbursement Obligation, automatically, without notice and without any requirement
to satisfy the conditions precedent otherwise applicable to an Advance of Revolving Loans. Such Revolving Loans shall constitute a Floating Rate Advance, the proceeds of which Advance shall be used to repay such Reimbursement Obligation. If, for any
reason, the Borrowers fail to repay a Reimbursement Obligation on the day such Reimbursement Obligation arises and, for any reason, the Lenders are unable to make or have no obligation to make Revolving Loans, then such Reimbursement Obligation
shall bear interest from and after such day, until paid in full, at the interest rate applicable to a Floating Rate Advance. 
  
 Section 3.8. Letter of Credit Fees. The Borrowers, jointly and severally, agree to pay (i) quarterly on the last Business Day of each fiscal
quarter, in arrears, to the Agent for the ratable benefit of 

  

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the Lenders, except as set forth in Section 9.2, a letter of credit fee at a rate per annum equal to the Applicable L/C Fee Percentage on the average
daily outstanding face amount available for drawing under all Letters of Credit, (ii) upon issuance and annually on the anniversary thereof, in advance, to each Issuing Bank, a letter of credit fronting fee of one-eighth of one percent (0.125%) per
annum on the average daily outstanding face amount available for drawing under all Letters of Credit issued by such Issuing Bank, and (iii) to each Issuing Bank, all customary fees and other issuance, amendment, document examination, negotiation and
presentment expenses and related charges in connection with the issuance, amendment, presentation of L/C Drafts, and the like customarily charged by such Issuing Banks with respect to standby and commercial Letters of Credit, including, without
limitation, standard commissions with respect to commercial Letters of Credit, payable at the time of invoice of such amounts. 
  
 Section 3.9. Issuing Bank Reporting Requirements. In addition to the notices required by Section 3.5(b), each Issuing Bank shall, no later
than the tenth Business Day following the last day of each month, provide to the Agent, upon the Agent’s request, schedules, in form and substance reasonably satisfactory to the Agent, showing the date of issue, account party, amount,
expiration date and the reference number of each Letter of Credit issued by it outstanding at any time during such month and the aggregate amount payable by the Borrower during such month. In addition, upon the request of the Agent, each Issuing
Bank shall furnish to the Agent copies of any Letter of Credit and any application for or reimbursement agreement with respect to a Letter of Credit to which the Issuing Bank is party and such other documentation as may reasonably be requested by
the Agent. Upon the request of any Lender, the Agent will provide to such Lender information concerning such Letters of Credit. 
  
 Section 3.10. Indemnification; Exoneration. (A) In addition to amounts payable as elsewhere provided in this Article III, the Borrowers
hereby, jointly and severally, agree to protect, indemnify, pay and save harmless the Agent, each Issuing Bank and each Lender from and against any and all liabilities and costs which the Agent, such Issuing Bank or such Lender may incur or be
subject to as a consequence, direct or indirect, of (i) the issuance of any Letter of Credit other than, in the case of the applicable Issuing Bank, as a result of its Gross Negligence or willful misconduct, as determined by the final judgment of a
court of competent jurisdiction, or (ii) the failure of the applicable Issuing Bank to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future de jure or de
facto Governmental Authority (all such acts or omissions herein called “Governmental Acts”). 
  
 (B) As among the Borrowers, the Lenders, the Agent and the Issuing Banks, the Borrowers assume all risks of the acts and omissions of, or misuse of such
Letter of Credit by, the beneficiary of any Letters of Credit. In furtherance and not in limitation of the foregoing, subject to the provisions of the Letter of Credit applications and Letter of Credit reimbursement agreements executed by the
Borrowers or the Borrower Representative at the time of request for any Letter of Credit, neither the Agent, any Issuing Bank nor any Lender shall be responsible (in the absence of Gross Negligence or willful misconduct in connection therewith, as
determined by the final judgment of a court of competent jurisdiction): (i) for the form, validity, sufficiency, accuracy, genuineness or legal effect of any document submitted by any party in connection with the application for and issuance of the
Letters of Credit, even if it should in fact prove to be in any or all respects invalid, insufficient, inaccurate, fraudulent or forged; (ii) for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or
assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason; (iii) for failure of the beneficiary of a Letter of Credit to comply duly with
conditions required in order to draw upon such Letter of Credit; (iv) for errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex, or other similar form of teletransmission or
otherwise; (v) for errors in interpretation of 

  

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technical trade terms; (vi) for any loss or delay in the transmission or otherwise of any document required in order to make a drawing under any Letter of
Credit or of the proceeds thereof; (vii) for the misapplication by the beneficiary of a Letter of Credit of the proceeds of any drawing under such Letter of Credit; and (viii) for any consequences arising from causes beyond the control of the Agent,
the Issuing Banks and the Lenders, including, without limitation, any Governmental Acts. None of the above shall affect, impair, or prevent the vesting of any Issuing Bank’s rights or powers under this Section 3.10. 
  
 (C) In furtherance and extension and not in limitation of the specific
provisions hereinabove set forth, any action taken or omitted by any Issuing Bank under or in connection with the Letters of Credit or any related certificates shall not, in the absence of Gross Negligence or willful misconduct, as determined by the
final judgment of a court of competent jurisdiction, put the applicable Issuing Bank, the Agent or any Lender under any resulting liability to the Borrowers or relieve the Borrowers of any of their obligations hereunder to any such Person.

  
 (D) Without prejudice to the survival of any other agreement
of the Borrowers hereunder, the agreements and obligations of the Borrowers contained in this Section 3.10 shall survive the payment in full of principal and interest hereunder, the termination of the Letters of Credit and the termination of
this Agreement. 
  
 Section 3.11. Cash Collateral.
Notwithstanding anything to the contrary herein or in any application for a Letter of Credit, after the occurrence and during the continuance of a Default, the Borrowers shall, upon the Required Lenders’ demand, deliver to the Agent for the
benefit of the Lenders and the Issuing Banks, cash, or other collateral of a type satisfactory to the Required Lenders, having a value, as determined by such Lenders, equal to the aggregate outstanding L/C Obligations. In addition, if the Revolving
Credit Availability is at any time less than the amount of contingent L/C Obligations outstanding at any time, the Borrowers shall deposit cash collateral with the Agent in an amount equal to the amount by which such L/C Obligations exceed such
Revolving Credit Availability. Any such collateral shall be held by the Agent in a separate account appropriately designated as a cash collateral account in relation to this Agreement and the Letters of Credit and retained by the Agent for the
benefit of the Lenders and the Issuing Banks as collateral security for the Borrowers’ obligations in respect of this Agreement and each of the Letters of Credit and L/C Drafts. Such amounts shall be applied to reimburse the Issuing Banks for
drawings or payments under or pursuant to Letters of Credit or L/C Drafts, or if no such reimbursement is required, to payment of such of the other Obligations as the Agent shall determine. If no Default shall be continuing, amounts remaining in any
cash collateral account established pursuant to this Section 3.11 which are not to be applied to reimburse an Issuing Bank for amounts actually paid or to be paid by such Issuing Bank in respect of a Letter of Credit or L/C Draft, shall be
returned to the Borrowers (after deduction of the Agent’s expenses incurred in connection with such cash collateral account). 
  
 ARTICLE IV: CHANGE IN CIRCUMSTANCES 
  
 Section 4.1. Yield Protection. If any law or any governmental or quasi-governmental rule, regulation, policy, guideline or directive (whether or
not having the force of law) adopted after the date of this Agreement, in the case of Lender party hereto as of the date hereof, and otherwise after the date that any other Person becomes a Lender hereunder, and generally having general
applicability to all banks within the jurisdiction in which such Lender operates (excluding, for the avoidance of doubt, the effect of and phasing in of capital requirements or other regulations or guidelines passed prior to the date of this
Agreement), or any interpretation or application thereof by any Governmental Authority charged with the interpretation or application thereof, or the compliance of any Lender therewith, 
  

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 (i) subjects any Lender or any applicable Lending Installation to any Taxes (as defined in Section
2.15(E)), or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender in respect of its Eurodollar Rate Loans, or 
  
 (ii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit or similar requirement against assets of,
deposits with or for the account of, or credit extended by, any Lender or any applicable Lending Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Rate Loans) with respect
to its Loans, L/C Interests or the Letters of Credit, or 
  
 (iii)
imposes any other condition the result of which is to increase the cost to any Lender or any applicable Lending Installation of making, funding or maintaining the Loans, the L/C Interests or the Letters of Credit or reduces any amount received by
any Lender or any applicable Lending Installation in connection with Loans or Letters of Credit, or requires any Lender or any applicable Lending Installation to make any payment calculated by reference to the amount of Loans or L/C Interests held
or interest received by it or by reference to the Letters of Credit, by an amount deemed material by such Lender; 
  
 and the result of any of the foregoing is to increase the cost to that Lender of making, renewing or maintaining its Loans, L/C Interests or Letters of Credit or to
reduce any amount received under this Agreement, then, within 15 days after receipt by the Borrower Representative of written demand by such Lender pursuant to Section 4.5, the Borrowers shall pay such Lender that portion of such increased
expense incurred or reduction in an amount received which such Lender determines is attributable to making, funding and maintaining its Loans, L/C Interests, Letters of Credit and its Revolving Loan Commitment. 
  
 Section 4.2. Changes in Capital Adequacy Regulations. If a Lender
determines (i) the amount of capital required or expected to be maintained by such Lender, any Lending Installation of such Lender or any corporation controlling such Lender is increased as a result of a “Change” (as defined below), and
(ii) such increase in capital will result in an increase in the cost to such Lender of maintaining its Loans, L/C Interests, the Letters of Credit or its obligation to make Loans hereunder, then, within 15 days after receipt by the Borrower
Representative of written demand by such Lender pursuant to Section 4.5, the Borrowers shall pay such Lender the amount necessary to compensate for any shortfall in the rate of return on the portion of such increased capital which such Lender
determines is attributable to this Agreement, its Loans, its L/C Interests, the Letters of Credit or its obligation to make Loans hereunder (after taking into account such Lender’s policies as to capital adequacy). “Change”
means (i) any change after the date of this Agreement in the “Risk-Based Capital Guidelines” (as defined below) in the case of any Lender party hereto as of the date hereof, or in the case of any other Person that becomes a Lender
hereunder, the date such Person becomes a Lender hereunder, excluding, for the avoidance of doubt, the effect of any phasing in of such Risk-Based Capital Guidelines or any other capital requirements passed prior to the date hereof, or (ii) any
adoption of or change in any other law, governmental or quasi-governmental rule, regulation, policy, guideline, interpretation, or directive (whether or not having the force of law) after the date of this Agreement in the case of any Lender party
hereto as of the date hereof, or in the case of any other Person that becomes a Lender hereunder, the date such Person becomes a Lender hereunder, and in any case having general applicability to all banks and financial institutions within the
jurisdiction in which such Lender operates which affects the amount of capital required or expected to be maintained by any Lender or any Lending Installation or any corporation controlling any Lender. “Risk-Based Capital
Guidelines” means (i) the risk-based capital guidelines in effect in the United States on the date of this Agreement, including transition rules, and (ii) the corresponding capital regulations promulgated by regulatory authorities outside
the United States implementing the July 1988 report of the Basle Committee on Banking Regulation and Supervisory Practices Entitled “International Convergence of Capital Measurements and Capital Standards,” including transition rules, and
any amendments to such regulations adopted prior to the date of this Agreement. 
  

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 Section 4.3. Availability of Types of Advances. If (i) any Lender determines that maintenance of
its Eurodollar Rate Loans at a suitable Lending Installation would violate any applicable law, rule, regulation or directive, whether or not having the force of law, or (ii) the Required Lenders determine that (x) deposits of a type and maturity
appropriate to match fund Eurodollar Rate Advances are not available or (y) the interest rate applicable to a Type of Advance does not accurately reflect the cost of making or maintaining such an Advance, then the Agent shall suspend the
availability of the affected Type of Advance and, in the case of any occurrence set forth in clause (i) require any Advances of the affected Type to be repaid. 
  

Section 4.4. Funding Indemnification. If any payment of a Eurodollar Rate Advance occurs on a date which is not the last day of the applicable
Interest Period, whether because of acceleration, prepayment, conversion or otherwise, or a Eurodollar Rate Advance is not made on the date specified by the Borrower Representative for any reason other than default by the Lenders, the Borrowers,
jointly and severally, agree to indemnify each Lender for any cost incurred by it resulting therefrom, including, without limitation, any cost in liquidating or employing deposits acquired to fund or maintain the Eurodollar Rate Advance. 

 
 Section 4.5. Lender Statements; Survival of Indemnity. If
reasonably possible, each Lender shall designate an alternate Lending Installation with respect to its Eurodollar Rate Loans to reduce any liability of the Borrowers to such Lender under Sections 4.1 and 4.2 or to avoid the
unavailability of a Type of Advance under Section 4.3, so long as such designation is not disadvantageous to such Lender. Each Lender requiring compensation pursuant to Section 2.15(E) or to this Article IV shall use its
reasonable efforts to notify the Borrower Representative and the Agent in writing of any Change, law, policy, rule, guideline or directive giving rise to such demand for compensation not later than thirty (30) days following the date upon which the
responsible account officer of such Lender knows or should have known of such Change, law, policy, rule, guideline or directive. Any demand for compensation pursuant to this Article IV shall be in writing and shall state the amount due, if
any, under Section 4.1, 4.2 or 4.4 and shall set forth in reasonable detail the calculations upon which such Lender determined such amount provided that no Lender shall be entitled to compensation for periods prior to 90 days
from the date written demand for compensation is made by such Lender hereunder. Such written demand shall be rebuttably presumed correct for all purposes. Determination of amounts payable under such Sections in connection with a Eurodollar Rate Loan
shall be calculated as though each Lender funded its Eurodollar Rate Loan through the purchase of a deposit of the type and maturity corresponding to the deposit used as a reference in determining the Eurodollar Rate applicable to such Loan, whether
in fact that is the case or not. The obligations of the Borrowers under Sections 4.1, 4.2 and 4.4 shall survive payment of the Obligations and termination of this Agreement. 
  
 ARTICLE V: CONDITIONS PRECEDENT 
  
 Section 5.1. Initial Advances and Letters of Credit. The Lenders shall
not be required to make the initial Loans or issue any Letters of Credit unless the Borrowers have furnished to the Agent each of the following, with sufficient copies for the Lenders, all in form and substance satisfactory to the Agent, the
Arranger and the Lenders: 
  
 (1) Copies of a certificate of
existence or good standing, as applicable shall have been ordered for each Borrower and each Guarantor, certified by the appropriate governmental officer in its jurisdiction of organization; 
  

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 (2) Copies, certified by the Secretary or Assistant Secretary of each Borrower and each Guarantor, of its
respective articles of incorporation or articles of organization (together with all amendments thereto), by-laws or operating agreement and of its Board of Directors’ resolutions authorizing the execution of the Loan Documents; 
  
 (3) An incumbency certificate, executed by the Secretary or Assistant
Secretary of each Borrower and each Guarantor, which shall identify by name and title and bear the signature of the officers of each Borrower and each Guarantor authorized to sign the Loan Documents and to make borrowings hereunder, upon which
certificate the Agent and the Lenders shall be entitled to rely until informed of any change in writing such Borrower or Guarantor; 
  
 (4) Certificates, in form and substance satisfactory to the Agent, signed by the chief financial officer of the Borrower Representative, stating that on
Closing Date, the Borrowers are in compliance with all financial covenants on a pro forma basis after giving effect to Closing Date draws; 
  
 (5) A written opinion of the Borrowers’ and Guarantors’ counsel, addressed to the Agent and the Lenders, addressing the issues identified in
Exhibit F hereto containing assumptions and qualifications acceptable to the Agent and the Lenders; 
  
 (6) Notes payable to the order of each of the applicable Lenders; 
  

(7) Evidence satisfactory to the Agent that there has been no material adverse change in the Borrowers’ business, operation, financial condition
or properties since the Borrowers’ consolidated financial statements dated November 27, 2004; 
  
 (8) Evidence satisfactory to the Agent that there exists no injunction or temporary restraining order which, in the judgment of the Agent, would prohibit
the making of the Loans or any litigation seeking such an injunction or restraining order; 
  
 (9) Written money transfer instructions reasonably requested by the Agent, addressed to the Agent and signed by an Authorized Officer of the Borrower Representative; 
  
 (10) Evidence satisfactory to the Agent that the Borrowers have paid to the
Agent and the Arranger the fees agreed to in the fee letter dated December 20, 2004, among the Agent, the Arranger and the Borrowers and the fees due on the Closing Date which the Agent, the Arranger and the Borrowers have agreed to herein; and

  
 (11) Such other documents as the Agent or any Lender or its
counsel may have reasonably requested, including, without limitation all of the documents reflected on the List of Closing Documents attached as Exhibit G to this Agreement. 
  
 Section 5.2. Each Advance and Letter of Credit. The Lenders shall not be required to make any Advance or issue any
Letter of Credit, unless on the applicable Borrowing Date, or in the case of a Letter of Credit, the date on which the Letter of Credit is to be issued: 
  
 (i) There exists no Default or Unmatured Default; and 
  
 (ii) The representations and warranties contained in Article VI are true and correct as of such Borrowing Date except (i) to the extent any such
representation or warranty is stated to relate solely to an earlier date, in which case such representation or warranty shall be true and correct on and as of such earlier date or (ii) for changes in the Schedules to this Agreement reflecting
transactions permitted by this Agreement. 
  

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 Each Borrowing Notice with respect to each such Advance and the letter of credit application with respect
to a Letter of Credit shall constitute a representation and warranty by the Borrowers, jointly and severally, that the conditions contained in Sections 5.2(i) and (ii) have been satisfied. 
  
 ARTICLE VI: REPRESENTATIONS AND WARRANTIES 
  
 In order to induce the Agent and the Lenders to enter into this Agreement and
to make the Loans and the other financial accommodations to the Borrowers and to issue the Letters of Credit described herein, the Borrowers, jointly and severally, represent and warrant as follows to each Lender and the Agent as of the Closing
Date, and thereafter on each date as required by Section 5.2: 
  
 Section 6.1. Organization; Corporate Powers. Each Borrower and each of its Subsidiaries (i) is a corporation or limited liability company (as applicable) duly organized, validly existing and in existence under the laws of the
jurisdiction of its organization, (ii) is duly qualified to do business as a foreign corporation or limited liability company, as applicable, and is in good standing under the laws of each jurisdiction in which failure to be so qualified and in good
standing could not reasonably be expected to have a Material Adverse Effect, and (iii) has all requisite corporate or necessary power and authority to own, operate and encumber its property and to conduct its business as presently conducted and as
proposed to be conducted. 
  
 Section 6.2. Authority.

  
 (A) Each Borrower and Guarantor has the requisite corporate
or limited liability company power and authority to execute, deliver and perform each of the Loan Documents to which each is a party. 
  
 (B) The execution, delivery and performance of each of the Loan Documents which have been executed as required by this Agreement or otherwise on or prior
to the Closing Date and to which any Borrower or any of its Subsidiaries is party, and the consummation of the transactions contemplated thereby, have been duly approved by the respective boards of directors and, if necessary, the shareholders or
members of such Borrower and its Subsidiaries, and such approvals have not been rescinded. No other corporate or other necessary action or proceedings on the part of any Borrower or its Subsidiaries are necessary to consummate such transactions.

  
 (C) Each of the Loan Documents to which any Borrower or any of
its Subsidiaries is a party has been duly executed, and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except as enforceability may be limited by bankruptcy, insolvency,
or similar laws affecting the enforcement of creditors’ rights generally). 
  
 Section 6.3. No Conflict; Governmental Consents. The execution, delivery and performance of each of the Loan Documents to which any Borrower or any of its Subsidiaries is a party do not and will not (i)
conflict with the certificate or articles of incorporation, articles of organization, by-laws or operating agreement, each as applicable, of such Borrower or any such Subsidiary, (ii) conflict with, result in a breach of or constitute (with or
without notice or lapse of time or both) a default under any Requirement of Law (including, without limitation, any Environmental Property Transfer Act) or Contractual Obligation of any Borrower or any such Subsidiary, or require termination of any
Contractual 

  

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Obligation, except such interference, breach, default or termination which individually or in the aggregate could not reasonably be expected to have a
Material Adverse Effect, (iii) result in or require the creation or imposition of any Lien whatsoever upon any of the property or assets of any Borrower or any such Subsidiary, other than Liens permitted by the Loan Documents, or (iv) require any
approval of any Borrower’s or any such Subsidiary’s shareholders except such as have been obtained. The execution, delivery and performance of each of the Loan Documents to which any Borrower or any of its Subsidiaries is a party do not
and will not require any registration with, consent or approval of, or notice to, or other action to, with or by any Governmental Authority, including under any Environmental Property Transfer Act, except filings, consents or notices which have been
made, obtained or given, or which, if not made, obtained or given, individually or in the aggregate could not reasonably be expected to have a Material Adverse Effect. 
  
 Section 6.4. Financial Statements. Except as otherwise disclosed on Schedule 6.4 hereof, complete and accurate copies
of the following financial statements and the following related information have been delivered to the Agent: the balance sheet of the Parent and its Subsidiaries as at November 27, 2004, and the related consolidated statements of income, changes in
stockholders’ equity and cash flows of the Parent and its Subsidiaries for the fiscal quarter then ended. 
  
 Section 6.5. No Material Adverse Change. (A) Since November 27, 2004 up to the Closing Date, there has occurred no material adverse change in the
business, operations, financial condition or properties of the Borrowers and their Subsidiaries, taken as a whole or any other event which has had or could reasonably be expected to result in a Material Adverse Effect. 
  
 (B) Since the Closing Date, there has occurred no event which has had or
could reasonably be expected to result in a Material Adverse Effect. 
  
 Section 6.6. Taxes. Parent and its Subsidiaries have filed all United States federal tax returns and all other tax returns which are required to be filed and have paid all taxes due pursuant to said returns or pursuant to any
assessment received by Parent or any of its Subsidiaries, except such taxes, if any, as are being contested in good faith and as to which adequate reserves have been provided in accordance with Agreement Accounting Principles. The United States
income tax returns of Parent and its Subsidiaries have been audited by the Internal Revenue Service through the fiscal year ended December, 1995. No tax liens have been filed and no claims are being asserted with respect to any such taxes which
could reasonably be expected to have a Material Adverse Effect. The charges, accruals and reserves on the books of Parent and its Subsidiaries in respect of any taxes or other governmental charges are adequate in all material respects. 

 
 Section 6.7. Litigation; Loss Contingencies and Violations. Except
as set forth in Schedule 6.7 to this Agreement, there is no action, suit, proceeding, arbitration or (to the Borrowers’ knowledge) investigation before or by any Governmental Authority or private arbitrator pending or, to the
Borrowers’ knowledge, threatened against the Borrowers or any Borrower or any of its Subsidiaries or any property of any of them which could reasonably be expected to have a Material Adverse Effect. Except as set forth in Schedule 6.7,
there is no material loss contingency within the meaning of Agreement Accounting Principles which has not been reflected in the consolidated financial statements of the Borrowers prepared and delivered pursuant to Section 7.1(A). No Borrower
nor any of their Subsidiaries is (A) in violation of any applicable Requirements of Law which violation could reasonably be expected to have a Material Adverse Effect, or (B) subject to or in default with respect to any final judgment, writ,
injunction, restraining order or order of any nature, decree, rule or regulation of any court or Governmental Authority which could reasonably be expected to have a Material Adverse Effect. 
  

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 Section 6.8. Subsidiaries. Schedule 6.8 to this Agreement sets forth, as of the Closing
Date, (i) the correct legal name and the jurisdiction of organization of each Subsidiary of the Parent or other Borrowers and (ii) the percentage of Capital Stock of each such Subsidiary owned by the Parent or other Subsidiary. The outstanding
Capital Stock of each Subsidiary of the Parent is duly authorized, validly issued, fully paid and nonassessable and is not Margin Stock. 
  
 Section 6.9. ERISA; Plan Assets. Each Plan complies in all material respects with all applicable Requirements of Law and regulations, and none of
the following has occurred that could reasonably be expected to have a Material Adverse Effect: a Termination Event with respect to any Benefit Plan; withdrawal, or taking actions to initiate withdrawal, by Borrower nor any other members of the
Controlled Group from any Multiemployer Plan or other Benefit Plan maintained by more than one employer; or initiation of actions to reorganize or terminate any Benefit Plan. No Borrower or any other member of the Controlled Group maintains any Plan
that provides welfare benefits to employees after termination of employment other than as required by Section 601 of ERISA. No Borrower or any other member of the Controlled Group has engaged in any non-exempt prohibited transaction within the
meaning of Section 406 of ERISA or Section 4975 of the Code that could reasonably be expected to result in a Material Adverse Effect; and neither the execution of this Agreement nor the making of Loans hereunder give rise to a prohibited transaction
within the meaning of Section 406 of ERISA or Section 4975 of the Code. 
  
 Section 6.10. Accuracy of Information. The information, exhibits and reports furnished by or on behalf of the Borrowers and any of their Subsidiaries to the Agent or to any Lender in connection with the negotiation of, or compliance
with, the Loan Documents, and all certificates and documents delivered to the Agent and the Lenders pursuant to the terms thereof, taken as a whole, do not contain as of the date furnished any untrue statement of a material fact or omit to state a
material fact necessary in order to make the statements contained herein or therein, in light of the circumstances under which they were made, not misleading. 
  

Section 6.11. Securities Activities. Margin Stock constitutes less than twenty-five percent (25%) of those assets of Parent and its Subsidiaries
which are subject to any limitation on sale, pledge, or other restriction hereunder. 
  
 Section 6.12. Material Agreements. No Borrower and none of the Borrowers’ Subsidiaries has received notice or has knowledge that (i) it is in default in the performance, observance or fulfillment of any of
the obligations, covenants or conditions contained in any Contractual Obligation applicable to it, or (ii) any condition exists which, with the giving of notice or the lapse of time or both, would constitute a default with respect to any such
Contractual Obligation, in each case, except where such default or defaults, if any, individually or in the aggregate could not reasonably be expected to have a Material Adverse Effect. 
  
 Section 6.13. Compliance with Laws. The Borrowers and their Subsidiaries are each in compliance with all Requirements
of Law applicable to them and their respective businesses, in each case except to the extent where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. 
  
 Section 6.14. Assets and Properties. Each Borrower and each of its
Subsidiaries has good and marketable title to all of its material assets and properties (tangible and intangible, real or personal) owned by it or a valid leasehold interest in all of its material leased assets (except insofar as marketability may
be limited by any laws or regulations of any Governmental Authority affecting such assets), and all such assets and property are free and clear of all Liens, except Liens permitted under Section 7.3(C) and except for such assets as have been
disposed of in a transaction not prohibited hereby. 
  

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 Section 6.15. Statutory Indebtedness Restrictions. No Borrower and none of Borrowers’
Subsidiaries is subject to regulation under the Public Utility Holding Company Act of 1935, the Federal Power Act, or the Investment Company Act of 1940. 
  
 Section 6.16. Insurance. Each Borrower maintains insurance policies and programs reasonably consistent with prudent industry practice. 

 
 Section 6.17. Labor Matters. As of the Closing Date, no attempt to
organize the employees of any Borrower, and no labor disputes, strikes or walkouts affecting the operations of any Borrower or any of Borrowers’ Subsidiaries, is pending, or, to the Borrowers’ knowledge, threatened, planned or contemplated
which could reasonably be expected to result in a Material Adverse Effect. 
  
 Section 6.18. Environmental Matters. (A) Except as disclosed on Schedule 6.18 to this Agreement or that could not reasonably be expected to result in a Material Adverse Effect, 
  
 (i) the operations of the Borrowers and their Subsidiaries comply in all
material respects with Environmental, Health or Safety Requirements of Law; 
  
 (ii) the Borrowers and their Subsidiaries have all permits, licenses or other authorizations required under Environmental, Health or Safety Requirements of Law and are in material compliance with such permits;

  
 (iii) none of the Borrowers, none of their Subsidiaries and
none of their respective present property or operations, or, to the best of, the Borrowers’ or any of its Subsidiaries’ knowledge, any of their respective past property or operations, have received written notice of, any investigation, any
judicial or administrative proceeding, order, judgment, decree, settlement or other agreement respecting: (A) any material violation of Environmental, Health or Safety Requirements of Law; (B) any remedial action; or (C) any material claims or
liabilities arising from the Release or threatened Release of a Contaminant into the environment; 
  
 (iv) there is not now, nor to the best of any Borrower’s or any of its Subsidiaries’ knowledge has there ever been on or in the property of the
Borrowers or any of their Subsidiaries any landfill, waste pile, underground storage tanks, aboveground storage tanks, surface impoundment or hazardous waste storage facility of any kind, any polychlorinated biphenyls (PCBs) used in hydraulic oils,
electric transformers or other equipment, or any asbestos containing material which in any such case could reasonably be expected to result in material liability for any Borrower or any of its Subsidiaries; and 
  
 (v) none of the Borrowers and none of their Subsidiaries has any material
Contingent Obligation in connection with any Release or threatened Release of a Contaminant into the environment. 
  
 (B) For purposes of this Section 6.18 “material” means any noncompliance or basis for liability which could reasonably be likely to
subject the Borrowers or any Borrower to liability in excess of $15,000,000. 
  
 Section 6.19. Solvency. After giving effect to the (i) Loans to be made on the Closing Date or such other date as Loans requested hereunder are made and the consummation of the other transactions contemplated
by this Agreement and (ii) the payment and accrual of all Transaction Costs with respect to the foregoing, the Borrowers and their Subsidiaries taken as a whole are Solvent. 
  

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 Section 6.20. Reserved. 
  
 ARTICLE VII: COVENANTS 
  
 The Borrowers, jointly and severally, covenant and agree that so long as any Commitments are outstanding and thereafter until payment in full of all of
the Obligations (other than contingent indemnity obligations), unless the Required Lenders shall otherwise give prior written consent: 
  
 Section 7.1. Reporting. The Borrowers shall: 
  
 (A) Financial Reporting. Furnish to the Lenders: 
  
 (i) Quarterly Reports. Within forty-five (45) days after the end of each of the first three fiscal quarters of the Parent in each fiscal year, the
Form 10-Q consolidated balance sheet of the Parent and its Subsidiaries as at the end of such period, the related consolidated statements of income of the Parent and its Subsidiaries for such fiscal quarter and for the period from the beginning of
the then current fiscal year to the end of such fiscal quarter and the related consolidated statements of cash flows for the period from the beginning of the then current fiscal year to the end of such fiscal quarter, in each case, certified by the
chief financial officer of the Parent on behalf of the Borrowers as fairly presenting the consolidated financial position of the Parent and its Subsidiaries as at the dates indicated and the results of their operations and cash flows for the periods
indicated in accordance with Agreement Accounting Principles except for the omission of full footnotes which may be required under Agreement Accounting Principles, subject to normal year end adjustments. 
  
 (ii) Annual Reports. Within ninety (90) days after the end of each
fiscal year, (a) the Form 10-K consolidated balance sheet of the Parent and its Subsidiaries as at the end of such fiscal year and the related consolidated statements of income, stockholders’ equity and cash flows of the Parent and its
Subsidiaries for such fiscal year, and in comparative form the corresponding figures for the previous fiscal year along with consolidating schedules in respect of the statements of income, stockholders’ equity and cash flows of Parent and its
Subsidiaries, and (b) an audit report on the items listed in clause (a) hereof of independent certified public accountants of recognized national standing, which audit report shall be unqualified and shall state that such financial statements
(other than the consolidating schedules which shall not be required to be certified by such accountants) fairly present the consolidated and consolidating financial position of the Parent and its Subsidiaries as at the dates indicated and the
results of their operations and cash flows for the periods indicated in conformity with Agreement Accounting Principles. The deliveries made pursuant to this clause (ii) shall be accompanied by (x) any management letter prepared by the
above-referenced accountants, and (y) a certificate of such accountants that, in the course of their examination necessary for their certification of the foregoing, they have obtained no knowledge of any Default arising under Section 7.4 hereof, or
if, in the opinion of such accountants, any such Default shall exist, stating the nature and status thereof. 
  
 Financial statements required to be delivered pursuant to Sections 7.1(A)(i) and (ii) (to the extent any such financial statements are
included in materials otherwise filed with the Commission) and other financial statements, reports and notices required to be delivered pursuant to Section 7.1(G), in each case may be delivered electronically and if so delivered, shall be
deemed to have been delivered on the date that such financial statements (or the materials containing such financial statements) or other reports or notices are filed with the Commission. 
  

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 (iii) Officer’s Certificate. Together with each delivery of any financial statement (a)
pursuant to clauses (i), and (ii) of this Section 7.1(A), an Officer’s Certificate of the Borrower Representative on behalf of each Borrower, substantially in the form of Exhibit H attached hereto and made a part
hereof, stating that no Default or Unmatured Default exists, or if any Default or Unmatured Default exists, stating the nature and status thereof and (b) pursuant to clauses (i) and (ii) of this Section 7.1(A), a compliance
certificate, substantially in the form of Exhibit I attached hereto and made a part hereof, signed by the Chief Financial Officer or Treasurer of the Borrower Representative on behalf of each Borrower, setting forth calculations for the
period then ended for Section 2.5(B), if applicable, and which demonstrate compliance, when applicable, with the provisions of Section 7.4. 
  
 (iv) Budgets; Business Plans; Financial Projections. Not later than thirty (30) days after the beginning of each fiscal year, a copy of the plan
and forecast (including a projected balance sheet, income statement and a statement of cash flow) of the Parent and its Subsidiaries for the next succeeding fiscal year prepared in such detail as shall be reasonably satisfactory to the Agent.

  
 (B) Notice of Default. Promptly upon any of the
Authorized Officers of any Borrower obtaining knowledge (i) of any condition or event which constitutes a Default or Unmatured Default, or becoming aware that any Lender or Agent has given any written notice with respect to a claimed Default or
Unmatured Default under this Agreement, or (ii) that any Person has given any written notice to any Borrower or any Subsidiary of the Borrowers or taken any other action with respect to a claimed default or event or condition of the type referred to
in Section 8.1(E), deliver to the Agent and the Lenders an Officer’s Certificate specifying (a) the nature and period of existence of any such claimed default, Default, Unmatured Default, condition or event, (b) the notice given or
action taken by such Person in connection therewith, and (c) what action such Borrower has taken, is taking and proposes to take with respect thereto. 
  
 (C) Lawsuits. (i) Promptly upon any Borrower obtaining knowledge of the institution of, or written threat of, any action, suit, proceeding,
governmental investigation or arbitration against or affecting any Borrower or any of Borrowers’ Subsidiaries or any property of any Borrower or any of its Subsidiaries not previously disclosed pursuant to Section 6.7, which action,
suit, proceeding, governmental investigation or arbitration exposes, or in the case of multiple actions, suits, proceedings, governmental investigations or arbitrations arising out of the same general allegations or circumstances which could, singly
or in the aggregate, reasonably be expected to result in a Material Adverse Effect, give written notice thereof to the Agent and the Lenders and provide such other information as may be reasonably available to it that would not violate any attorney
client privilege by disclosure to the Lenders to enable each Lender and the Agent and its counsel to evaluate such matters. 
  
 (D) ERISA Notices. Deliver or cause to be delivered to the Agent and the Lenders, at the Borrower’s expense, the following information and
notices as soon as reasonably possible, and in any event, as soon as possible and in any event within ten (10) days after any Borrower knows that any Termination Event or any non-exempt prohibited transaction (within the meaning of Section 406 of
ERISA or Section 4975 of the Code) has occurred with respect to any Plan which could reasonably be expected to have a Material Adverse Effect, a statement, signed by the chief financial officer of the Parent, describing such Termination Event or
prohibited transaction, and the action which the Borrowers propose to take with respect thereto. 
  

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 (E) Labor Matters. Notify the Agent and the Lenders in writing, promptly upon any Borrower’s
learning thereof, of (i) any material labor dispute to which such Borrower or any of its Subsidiaries may become a party, including, without limitation, any strikes, lockouts or other disputes relating to such Persons’ plants and other
facilities and (ii) any material Worker Adjustment and Retraining Notification Act liability incurred with respect to the closing of any plant or other facility of any Borrower or any of its Subsidiaries, to the extent any of the foregoing could
reasonably be expected to result in a Material Adverse Effect. 
  
 (F) Other Indebtedness. Deliver to the Agent a copy of any written notice of default or event of default received by any Borrower from the holders of funded Indebtedness in excess of $10,000,000 but not including intercompany
Indebtedness. 
  
 (G) Other Reports. Deliver or cause to be
delivered to the Agent and the Lenders copies of all financial statements, reports and notices, if any, filed with the Commission by such Borrower and all notifications received from the Commission by any Borrower or its Subsidiaries pursuant to the
Securities Exchange Act of 1934 and the rules promulgated thereunder if such notifications or the developments described thereon could reasonably be expected to result in a Material Adverse Effect. 
  
 (H) Environmental Notices. As soon as possible and in any event within
ten (10) days after receipt by any Borrower, a copy of (i) any notice or claim to the effect that the Borrower or any of its Subsidiaries is or may be liable to any Person as a result of the Release by the Borrower, any of its Subsidiaries, or any
other Person of any Contaminant into the environment, and (ii) any notice alleging any violation of any Environmental, Health or Safety Requirements of Law by the Borrower or any of its Subsidiaries if, in either case, such notice or claim could,
singly or in the aggregate, reasonably be expect to have a Material Adverse Effect. 
  
 (I) Other Information. Promptly upon receiving a request therefor from the Agent, prepare and deliver to the Agent and the Lenders such other information with respect to the Borrowers or any Borrower, any of
its Subsidiaries as from time to time may be reasonably requested by the Agent. 
  
 Section 7.2. Affirmative Covenants. 
  
 (A) Corporate Existence, Etc. Each Borrower shall, and shall cause each of its Subsidiaries to, at all times maintain its corporate or company existence and preserve and keep, or cause to be preserved and kept,
in full force and effect its rights and franchises material to its businesses, except (i) to the extent permitted by Section 7.3(I) or (ii) where the failure to maintain any such right or franchise could not reasonably be expected to result
in a Material Adverse Effect. 
  
 (B) Corporate Powers; Conduct
of Business. Each Borrower 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 and where the failure to be so
qualified will have or could reasonably be expected to have a Material Adverse Effect. Each Borrower will, and will cause each Subsidiary to, carry on and conduct its business in substantially the same fields of enterprise as it is presently
conducted and in fields of enterprise which are substantially similar, related or incidental thereto. 
  
 (C) Compliance with Laws, Etc. Each Borrower shall, and shall cause its Subsidiaries to, (a) comply with all Requirements of Law, and (b) obtain as
needed all permits necessary for its operations and maintain such permits in good standing, unless failure to comply or obtain could not reasonably be expected to have a Material Adverse Effect. 
  

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 (D) Payment of Taxes and Claims; Tax Consolidation. Each Borrower shall, and shall cause each
Subsidiary to, timely file complete and correct United States federal and applicable foreign, state and local tax returns required by law and pay when due all taxes, assessments and governmental charges and levies upon it or its income, profits or
property, except those which are being contested in good faith by appropriate proceedings and with respect to which adequate reserves have been set aside in accordance with Agreement Accounting Principles. 
  
 (E) Insurance. Each Borrower shall maintain for itself and its
Subsidiaries, or shall cause each of its Subsidiaries to maintain in full force and effect, the insurance policies and programs reasonably consistent with prudent industry practice and the Parent will furnish to the Agent upon request full
information as to the insurance carried. 
  
 (F) Inspection of
Property; Books and Records; Discussions. Each Borrower shall permit and cause each of such Borrower’s Subsidiaries to permit, any authorized representative(s) designated by the Agent (or if a Default has occurred, and/or any of the
Lenders) to visit and inspect any of the properties of such Borrower or any of its Subsidiaries, to examine, audit, check and make copies of their respective financial and accounting records, books, journals, orders, receipts and any correspondence
and other data relating to their respective businesses or the transactions contemplated hereby (including, without limitation, in connection with environmental compliance, hazard or liability), and to discuss their affairs, finances and accounts
with their officers and, with the consent of the Borrower (which will not be unreasonably withheld) or after a Default after notice to the Borrower, independent certified public accountants, all upon reasonable notice and at such reasonable times
during normal business hours, as often as may be reasonably requested. Each Borrower shall keep and maintain, and cause each of the Borrower’s Subsidiaries to keep and maintain, in all material respects, proper books of record and account in
which entries in conformity with Agreement Accounting Principles shall be made of all dealings and transactions in relation to their respective businesses and activities. 
  
 (G) ERISA Compliance. Each Borrower shall, and shall cause each of the Borrower’s Subsidiaries to, establish,
maintain and operate all Plans to comply in all material respects with the provisions of ERISA, and the governing documents for the respective Plans, except where such failure to establish, maintain or operate such Plans could not reasonably be
expected to result in a Material Adverse Effect. 
  
 (H)
Maintenance of Property. Each Borrower shall cause all property used or useful in the conduct of its business or the business of any Subsidiary to be maintained and kept in good condition, repair and working order and supplied with all
necessary equipment and shall cause to be made all necessary repairs, renewals, replacements, betterments and improvements thereof, all as in the judgment of such Borrower may be necessary so that the business carried on in connection therewith may
be properly and advantageously conducted at all times; provided, however, that nothing in this Section 7.2(H) shall prevent a Borrower from discontinuing the operation or maintenance of any of such property if such
discontinuance is, in the judgment of such Borrower, desirable in the conduct of its business or the business of any Subsidiary. 
  
 (I) Environmental Compliance. Each Borrower and its Subsidiaries shall comply with all Environmental, Health or Safety Requirements of Law, except
where noncompliance could not reasonably be expected to result in a Material Adverse Effect. 
  

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 (J) Use of Proceeds. The Borrowers shall use the proceeds of the Revolving Loans to (i) repay
existing Indebtedness, (ii) provide funds for the additional working capital needs and other general corporate purposes of the Borrowers, (iii) provide funds for the payment of fees and expenses incurred in connection with the negotiation and
documentation of this Agreement and the Loan Documents and (iv) to finance Permitted Acquisitions. 
  
 (K) [Reserved]. 
  
 (L) Addition of Guarantors. The Borrowers shall cause each wholly-owned domestic Subsidiary that is a Subsidiary of any Borrower as of the date of
this Agreement (subject to Section 7.2(N)) or at any time thereafter, to deliver to the Agent an executed Guaranty and appropriate corporate resolutions, opinions and other documentation in form and substance reasonably satisfactory to the Agent,
such Guaranty and other documentation to be delivered to the Agent within thirty (30) days of determination that a domestic Subsidiary needs to be added as a Guarantor. 
  
 (M) Insurance and Condemnation Proceeds. Promptly after the receipt of any Proceeds (as hereinafter
defined), the Borrowers shall repair or replace the assets the loss or damage of which gave rise to such Proceeds; provided, however, that if on the date that is 360 days after the receipt by the Borrowers of the subject Proceeds, all such Proceeds
have not been utilized to repair or replace the assets, the loss or damage of which give rise to such Proceeds, the Borrowers shall return any Proceeds not so used to repair or replace such assets to the Agent. The Agent shall apply the same to the
principal amount of the Obligations outstanding at the time of such receipt. “Proceeds” herein means all proceeds payable by insurers under policies of property damage, boiler and machinery or payors of any condemnation claim or award.

  
 (N) Post Closing Items. The Borrowers shall complete
all items on Schedule 7.2(N) attached hereto and made a part hereof for all purposes, to the satisfaction of the Agent and the Lenders no later than thirty (30) days following the Closing Date. 
  
 Section 7.3. Negative Covenants. 
  
 (A) Indebtedness. Neither the Borrowers nor any of their Subsidiaries
shall directly or indirectly create, incur, assume or otherwise become or remain directly or indirectly liable with respect to any Indebtedness, except: 
  
 (i) the Obligations; 
  
 (ii) Permitted Existing Indebtedness; 
  
 (iii) Indebtedness secured by a Lien permitted under Section 7.3(C); 
  
 (iv) Indebtedness arising from intercompany loans from (A) any Borrower or Guarantor to any other Borrower or Guarantor or
(B) any Subsidiary that is not a Borrower or Guarantor to any other Subsidiary that is not a Borrower or Guarantor; 
  
 (v) Indebtedness of Parent and its Subsidiaries not exceeding in the aggregate ten percent (10%) of the Parent’s Consolidated Total Assets
outstanding at any time; 
  
 (vi) Indebtedness to the extent
permitted by Section 7.3(D); 
  

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 (vii) Indebtedness with respect to surety, appeal and performance bonds obtained by any Borrower or any
of its Subsidiaries in the ordinary course of business; 
  
 (viii)
Indebtedness in respect of Hedging Obligations permitted under Section 7.3(P); and 
  
 (ix) Any Permitted Refinancing Indebtedness. 
  
 (B) Sales of Assets. No Borrower and none of Borrowers’ Subsidiaries shall sell, assign, transfer, lease, convey or otherwise dispose of any property, whether now owned or hereafter acquired, except:

  
 (i) sales of Inventory and discounts of accounts receivable,
in each case in the ordinary course of business; 
  
 (ii) the
disposition in the ordinary course of business of equipment that is obsolete, excess or no longer useful in any Borrower’s or the Subsidiary’s business; 
  
 (iii) the sale or other disposition of assets by any consolidated Subsidiary of any Borrower to another consolidated
Subsidiary of such Borrower or by any consolidated Subsidiary of a Borrower to any other Borrower or by any Borrower to any other Borrower; 
  
 (iv) Sale and Leaseback Transactions as permitted by Section 7.3(J); 
  
 (v) Leases, sales or other dispositions of its property (exclusive of Sale and Leaseback Transactions) that, together with
all other property of Parent and its Subsidiaries previously leased, sold or disposed of (other than Inventory in the ordinary course of business) as permitted by this Section during the twelve-month period ending with the month in which any such
lease, sale or other disposition occurs, do not constitute a Substantial Portion of the property of Parent and its Subsidiaries; and 
  
 (vi) Leases, sales or other dispositions of its property (exclusive of Sale and Leaseback Transactions) that exceed the limitation set forth in Section
7.3(B)(v) above; provided, that (i) there then exists no Default or Unmatured Default and Parent provides the Agent a satisfactory pro forma Compliance Certificate showing compliance with all financial covenants, and (ii) the aggregate Revolving
Loan Commitments are reduced by the excess of the Net Cash Proceeds received in connection with such disposition over the limitation in Section 7.3(B)(v). 
  
 (C) Liens. Neither the Borrowers nor any of their Subsidiaries shall directly or indirectly create, incur, assume or permit to exist any Lien on or
with respect to any of their respective property or assets except: 
  
 (i) Permitted Existing Liens; 
  
 (ii) Customary
Permitted Liens; 
  
 (iii) purchase money Liens (including the
interest of a lessor under a Capitalized Lease and Liens to which any property is subject at the time of a Borrower’s acquisition thereof) created in the ordinary course of business encumbering only the asset acquired and the proceeds thereof,
and securing only the purchase price thereof; 
  

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 (iv) Liens securing aggregate outstanding Indebtedness of the Parent and its Subsidiaries not exceeding
at any time an amount equal to four percent (4%) of the Parent’s Consolidated Total Assets; 
  
 (v) Purchase money Liens upon Inventory created in the ordinary course of business encumbering only such Inventory acquired and the proceeds thereof, and
securing only the purchase price thereof, provided, that the aggregate amount of such Inventory subject to Liens at any time does not exceed ten percent (10%) of the consolidated Inventory of the Parent and its Subsidiaries and the Indebtedness
secured by such Inventory is not outstanding more than ninety (90) days; 
  
 (vi) Liens assumed by Borrower securing Indebtedness assumed in connection with a Permitted Acquisition; and 
  
 (vii) Any extensions, renewals, replacements and modifications of the foregoing permitted Liens (other than the Liens permitted pursuant to clause (v)) so
long as the principal balance of the Indebtedness secured thereby is not increased. 
  
 In addition, no Borrower shall, nor shall it permit any Subsidiary to, enter into any agreement prohibiting the creation or assumption of any Lien upon its property, except for (A) this Agreement and the other Loan Documents; (B) any other
Contractual Obligation in effect on the date hereof; (C) agreements evidencing Liens permitted under Sections 7.3(B)(iv)-(vii) that restrict the ability to further encumber the property secured thereby; (D) agreements governing Sale and Leaseback
Transactions permitted hereby; (E) synthetic lease and similar agreements not prohibited hereby; (F) customary anti-assignment provisions in any contract or leasehold or ownership interest of a Borrower or any of its Subsidiaries; and (G) customary
provisions in joint venture agreements and other similar agreements relating solely to the securities, assets and revenues of such joint venture or other business venture. 
  
 (D) Investments. Except to the extent permitted pursuant to paragraph (G) below, neither the Borrowers nor any
of their Subsidiaries shall directly or indirectly make or own any Investment except: 
  
 (i) Investments in Cash Equivalents; 
  
 (ii) Permitted Existing Investments in an amount not greater than the amount thereof on the Closing Date; 
  
 (iii) Investments in trade receivables or 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; 
  
 (iv) Investments consisting of deposit accounts maintained in the ordinary course of business; 
  
 (v) Investments consisting of non-cash consideration from a sale, assignment,
transfer, lease, conveyance or other disposition of property permitted by Section 7.3(B); 
  
 (vi) Investments consisting of intercompany loans permitted by Section 7.3(A)(iv); 
  
 (vii) Investments constituting Permitted Acquisitions; and 
  
 (viii) Additional Investments (valued at cost) not exceeding ten percent (10%) of Consolidated Tangible Net Worth in the
aggregate outstanding at any one time. 
  

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 (E) Reserved 
  
 (F) Restricted Payments. No Borrower nor any of Borrowers’ Subsidiaries shall declare or make any Restricted
Payment unless no Default or Unmatured Default exists at the time of such Restricted Payment or would occur as a result of such Restricted Payment; provided, that, in any event, any Subsidiary of Parent may declare or make any dividend or
distribution to the holders of its Equity Interests on a pro rata basis. 
  
 (G) Conduct of Business; Subsidiaries; Acquisitions. (i) Neither the Borrowers nor any of their Subsidiaries shall engage in any business other than the businesses engaged in by the Borrowers on the Closing
Date and any business or activities which are substantially similar, related or incidental thereto. 
  
 (ii) No Borrower shall organize any Subsidiary (a “New Subsidiary”) after the date hereof pursuant to any transaction unless such
transaction is not otherwise prohibited by this Agreement and the Borrowers cause each such New Subsidiary to deliver to the Agent the documents, instruments and agreements required pursuant to Section 7.2(L). After the formation of any New
Subsidiary permitted hereunder, if requested by the Agent, the Borrower shall provide a supplement to Schedule 6.8 to this Agreement. 
  
 (iii) The Borrowers shall not and shall not permit any of their Subsidiaries to make any Acquisitions other than Acquisitions meeting all of the following
requirements (each such Acquisition constituting a “Permitted Acquisition”): 
  
 (a) no Default or Unmatured Default shall have occurred and be continuing or would result from such Acquisition or the incurrence of any Indebtedness in connection therewith; 
  
 (b) the businesses being acquired shall be substantially similar to the
businesses or activities engaged in by the Borrowers on the Closing Date or any businesses or activities which are substantially similar, related or incidental thereto; 
  
 (c) after giving effect to such Acquisition and the incurrence or assumption of any Indebtedness permitted by Section
7.3(A) in connection therewith, on a pro forma basis using historical financial statements obtained from the seller (with EBITDA adjusted solely to reflect (i) any expense or cost reductions which, in the reasonable and good faith
judgment of Parent’s senior management, will result from the subject Acquisition (including, but not limited to, the effect of margin improvements); provided, that any such adjustments shall be subject to the approval of Agent in its reasonable
judgment and (ii) transaction expenses arising from or in connection with the applicable Permitted Acquisition), broken down by fiscal quarter in the Parent’s reasonable judgment, as if the Acquisition and such incurrence or assumption of
Indebtedness had occurred on the first day of the twelve-month period ending on the last day of the Parent’s most recently completed fiscal quarter, the Parent would have been in compliance with the financial covenant in Section 7.4(A),
and would not otherwise be in Default; and 
  
 (d) prior to each
such Acquisition with a purchase price (excluding assumed liabilities but not indebtedness for borrowed money) in excess of $50,000,000, the Borrowers shall deliver to the Agent and the Lenders a certificate from one of the Authorized Officers of
Parent, demonstrating to the satisfaction of the Agent compliance with the requirements of subparagraph (c) above. 
  
 (H) Transactions with Affiliates. Neither the Borrowers nor any of their Subsidiaries shall directly or indirectly enter into or permit to exist
any transaction (including, without limitation, the 

  

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purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of any of the Borrowers which is not the Parent or a
Subsidiary of Parent, on terms that are less favorable to any Borrower or any of its Subsidiaries, as applicable, than those that might reasonably be obtained in an arm’s length transaction at the time from Persons who are not Affiliates,
except for (i) Restricted Payments permitted by Section 7.3(F); (ii) Investments permitted by Section 7.3(D); (iii) reasonable fees and compensation paid to (including issuances and grant of securities and stock options, employment
agreements and stock option and ownership plans for the benefit of), and indemnity provided on behalf of, officers, directors, employees or consultants of Parent or any Subsidiary of Parent as determined in good faith by Parent’s Board of
Directors or senior management; (iv) any agreement as in effect as of the Closing Date or any amendment thereto or any transaction contemplated thereby (including pursuant to any amendment thereto or any replacement agreement thereto so long as any
such amendment or replacement agreement is not more disadvantageous to the Lenders, taken as a whole, as determined in good faith by Parent’s Board of Directors, in any material respect than the original agreement as in effect on the Closing
Date); (v) loans or advances to employees and officers of Parent and its Subsidiaries in the ordinary course of business; and (vi) any transaction involving Spike’s Holdings, LLC. 
  
 (I) Restriction on Fundamental Changes. Neither the Borrowers nor any of their Subsidiaries shall enter into any
merger or consolidation, or liquidate, wind-up or dissolve (or suffer any liquidation or dissolution), or convey, lease, sell, transfer or otherwise dispose of, in one transaction or series of transactions, all or substantially all of any
Borrower’s or any such Subsidiary’s business or property, whether now or hereafter acquired, except (i) transactions permitted under Sections 7.3(B) or 7.3(G), (ii) that a Borrower may merge or consolidate with or into
another Borrower, (iii) any Subsidiary that is not a Borrower may merge with and into a Borrower, (iv) any Subsidiary that is not a Borrower may be liquidated, wound-up or dissolved and (v) that any merger or consolidation effected to cause the
reincorporation of a Subsidiary of a Borrower in the State of Indiana shall be permitted. 
  
 (J) Sales and Leasebacks. Parent will not, nor will it permit any Subsidiary to, enter into any Sale and Leaseback Transaction which, when combined with all other Sale and Leaseback Transactions entered into by
Parent and its Subsidiaries at any one time, would result in the aggregate sale proceeds to exceed a Substantial Portion. 
  
 (K) Margin Regulations. Neither the Borrowers nor any of their Subsidiaries, shall use all or any portion of the proceeds of any credit extended
under this Agreement to purchase or carry Margin Stock in a manner that violates Regulations T, U or X of the Federal Reserve Board. 
  
 (L) ERISA. The Borrowers shall not 
  
 (i) engage, or permit any of its Subsidiaries to engage, with respect a Plan in any non-exempt prohibited transaction (as described in Sections 406 of
ERISA or 4975 of the Code) that could reasonably be expected to result in a Material Adverse Effect; 
  
 (ii) permit to exist any accumulated funding deficiency (as defined in Sections 302 of ERISA and 412 of the Code) of $15,000,000 or more, with respect to
any Benefit Plan, whether or not waived; 
  
 (iii) permit to occur
any Termination Event that could reasonably be expected to result in a Material Adverse Effect; 
  
 (iv) fail to make any material contribution or payment to any Multiemployer Plan which any Borrower or any Controlled Group member may be required to make
under any agreement relating to such Multiemployer Plan, or any law pertaining thereto and such failure could reasonably be expected to result in a Material Adverse Effect; or 
  

 -48- 

 (v) fail, or permit any Controlled Group member to fail, to pay any required installment or any other
material payment required under Section 412 of the Code on or before the due date for such installment or other payment and such failure could reasonably be expected to result in a Material Adverse Effect. 
  
 (M) Organizational Documents. Neither the Borrowers nor any of their
Subsidiaries shall amend, modify or otherwise change any of the terms or provisions in any of their respective Articles or Certificates of Incorporation, By-Laws, Articles of Organization or Operating Agreements as applicable, as in effect on the
date hereof in any manner that could reasonably be expected to result in a Material Adverse Effect. 
  
 (N) Fiscal Year. The Borrowers will not, and will not permit any Subsidiary to, change its fiscal year or any of its significant accounting
policies, except to the extent necessary to comply with Agreement Accounting Principles or as necessary to change the fiscal year of Persons acquired in a permitted Acquisition to the fiscal year of Parent. 
  
 (O) Subsidiary Covenants. The Borrowers will not, and will not permit
any Subsidiary to, create or otherwise cause to become effective any consensual encumbrance or restriction of any kind on the ability of any Subsidiary to pay dividends or make any other distribution on its stock, pay any Indebtedness or other
Obligation owed to a Borrower or any other Subsidiary or make loans or advances or other Investments in any Borrower or any other Subsidiary except for any encumbrances or restrictions existing under or by reason of: (1) applicable law, rule,
regulation or order (including agreements with regulatory authorities); (2) this Agreement or the other Loan Documents; (3) customary net worth provisions of any lease, license or other contract; (4) any agreement or other instrument of a Person
acquired by Parent or a Subsidiary in an Acquisition permitted hereby and that was in existence at the time of such Acquisition, but not created in contemplation thereof, which encumbrance or restriction is not applicable to any Person, or the
properties or assets of any Person, other than the Person or the property or assets of the Person so acquired; (5) agreements existing on the Closing Date to the extent and in the manner such agreements are in effect on the Closing Date; (6)
customary restrictions with respect to a Subsidiary pursuant to an agreement that has been entered into for the sale or disposition of all or substantially all of the assets or Capital Stock of such Subsidiary; (7) customary provisions in joint
venture agreements and other similar agreements relating solely to the securities, assets and revenues of such joint venture or other business venture; or (8) an agreement governing Indebtedness incurred to refinance or replace the Indebtedness
issued, assume or incurred pursuant to an agreement referred to in clause (2), (4) or (6) above; provided, however, that the provisions relating to such encumbrance or restriction contained in any such Indebtedness are not, in the aggregate,
materially less favorable, taken as a whole, to Parent as determined by the Board of Directors of Parent in its reasonable and good faith judgment than the provisions relating to such encumbrance or restriction contained in agreements referred to in
such clause (2), (4) or (6). 
  
 (P) Hedging Obligations.
The Borrowers shall not and shall not permit any of their Subsidiaries to enter into any interest rate, commodity or foreign currency exchange, swap, collar, cap or similar agreements evidencing Hedging Obligations, other than interest rate, foreign
currency or commodity exchange, swap, collar, cap or similar agreements entered into by a Borrower in the ordinary course of its business and not for speculative purposes (the documents and instruments governing such Hedging Obligations, the
“Hedging Agreements”). 
  

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 (Q) Reserved. 
  
 (R) Reserved. 
  
 (S) Reserved. 
  
 (T) Names. Not change the name of, or the location of the chief executive office of, any Borrower without at least ten (10) Business Days prior
written notice to the Agent. 
  
 (U) Prepayment. Not
voluntarily prepay any Indebtedness that is subordinated in right of payment to the Obligations except in accordance with the subordination provisions governing such Indebtedness or pursuant to any refinancing or replacement of such Indebtedness
permitted hereby. 
  
 Section 7.4. Financial Covenants. The
Borrowers shall comply with the following: 
  
 (A) Maximum
Leverage Ratio. The Borrowers shall not permit the Leverage Ratio to be greater than 4.0 to 1.0, as of the last day of each fiscal quarter. The Leverage Ratio shall be calculated, in each case, determined as of the last day of each fiscal
quarter based upon (a) for Indebtedness, as of the last day of each such fiscal quarter; and (b) for EBITDA, the actual amount for the four-quarter period ending on such day, calculated, with respect to Permitted Acquisitions, on a pro
forma basis using historical financial statements obtained from the seller (with EBITDA adjusted solely to reflect (i) any expense and cost reductions which in the reasonable and good faith judgment of Parent’s senior management, will
result from the subject Acquisition (including, but not limited to, the effect of margin improvements) and (ii) transaction expenses arising from or in connection with the applicable Permitted Acquisition), broken down by fiscal quarter in the
Borrowers’ reasonable judgment. 
  
 (B) Minimum
Consolidated Tangible Net Worth. The Borrowers shall not permit Parent’s Consolidated Tangible Net Worth at any time to be less than the sum of (a) $286,240,000, plus (b) fifty percent (50%) of cumulative Net Income for each fiscal
quarter ending on and after the Closing Date, with no deduction for losses. 
  
 ARTICLE VIII: DEFAULTS 
  
 Section 8.1. Defaults. Each of the following occurrences shall constitute a Default under this Agreement: 
  
 (A) Failure to Make Payments When Due. The Borrowers or any Borrower shall (i) fail to pay when due any of the Obligations consisting of principal
with respect to the Loans or (ii) shall fail to pay within five (5) Business Days of the date when due any of the other Obligations under this Agreement or the other Loan Documents. 
  
 (B) Breach of Certain Covenants. Any Borrower shall fail duly and punctually to perform or observe any agreement,
covenant or obligation binding on such Borrower under: 
  
 (i)
Section 7.1(C) through and including 7.1(I) and such failure shall continue unremedied for ten (10) Business Days after written notice from the Agent or any Lender; 
  
 (ii) Sections 7.1(A), 7.1(B), 7.2(G), 7.2(I) through and including 7.2(L) and such
failure shall continue unremedied for five (5) Business Days after written notice from the Agent or any Lender; or 
  

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 (iii) Sections 7.2(M), 7.2(N), 7.3 or 7.4. 
  
 (C) Breach of Representation or Warranty. Any representation or
warranty made or deemed made by any Borrower or any Subsidiary of any Borrower to the Agent or any Lender herein or in any of the other Loan Documents or in any statement or certificate at any time given by any such Person pursuant to any of the
Loan Documents shall be false or misleading in any material respect on the date as of which made (or deemed made). 
  
 (D) Other Defaults. Any Borrower shall default in the performance of or compliance with any term contained in this Agreement (other than as covered
by paragraphs (A), (B) or (C) of this Section 8.1), or any Borrower or any of its Subsidiaries shall default in the performance of or compliance with any term contained in any of the other Loan Documents, and such default
shall continue for thirty (30) days after written notice from the Agent or any Lender. 
  
 (E) Default as to Other Indebtedness. The Borrowers, any Borrower or any of their Subsidiaries shall fail to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand
or otherwise) with respect to any Indebtedness the outstanding principal amount of which Indebtedness is in excess of $15,000,000 in the aggregate (“Cross Default Indebtedness”), or any breach, default or event of default shall
occur, or any other condition shall exist under any instrument, agreement or indenture pertaining to any such Cross Default Indebtedness, if the effect thereof is to cause an acceleration, mandatory redemption, a requirement that the Borrowers or
any Borrower offer to purchase such Cross Default Indebtedness or other required repurchase of such Cross Default Indebtedness, or permit the holder(s) of such Cross Default Indebtedness to accelerate the maturity of any such Cross Default
Indebtedness or require a redemption or other repurchase of such Cross Default Indebtedness; or any such Cross Default Indebtedness shall be otherwise declared to be due and payable (by acceleration or otherwise) or required to be prepaid, redeemed
or otherwise repurchased by the Borrowers, any Borrowers, any Borrower or any of their Subsidiaries (other than by a regularly scheduled required prepayment) prior to the stated maturity thereof. 
  
 (F) Involuntary Bankruptcy; Appointment of Receiver, Etc. 

 
 (i) An involuntary case shall be commenced against any Borrower or any of
the Borrowers’ Subsidiaries and the petition shall not be dismissed, stayed, bonded or discharged within sixty (60) days after commencement of the case; or a court having jurisdiction in the premises shall enter a decree or order for relief in
respect of any Borrower or any of the Borrowers’ Subsidiaries 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, local or foreign law. 
  
 (ii) A decree
or order of a court having jurisdiction in the premises for the appointment of a receiver, liquidator, sequestrator, trustee, custodian or other officer having similar powers over any Borrower or any of the Borrowers’ Subsidiaries or over all
or a substantial part of the property of any Borrower or any of the Borrowers’ Subsidiaries shall be entered; or an interim receiver, trustee or other custodian of any Borrower or any of the Borrowers’ Subsidiaries or of all or a
substantial part of the property of any Borrower or any of the Borrowers’ Subsidiaries shall be appointed or a warrant of attachment, execution or similar process against any substantial part of the property of any Borrower or any of the
Borrowers’ Subsidiaries shall be issued and any such event shall not be stayed, dismissed, bonded or discharged within sixty (60) days after entry, appointment or issuance. 
  
 (G) Voluntary Bankruptcy; Appointment of Receiver, Etc. Any Borrower or any of the Borrower’s Subsidiaries shall
(i) commence a voluntary case under any applicable bankruptcy, insolvency 

  

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or other similar law now or hereafter in effect, (ii) consent to the entry of an order for relief in an involuntary case, or to the conversion of an
involuntary case to a voluntary case, under any such law, (iii) consent to the appointment of or taking possession by a receiver, trustee or other custodian for all or a substantial part of its property, (iv) make any assignment for the benefit of
creditors or (v) take any corporate or company action to authorize any of the foregoing. 
  
 (H) Judgments and Attachments. Any money judgment(s) (other than a money judgment covered by insurance), writ or warrant of attachment, or similar process against the Borrowers, any Borrower or any of
Borrowers’ Subsidiaries or any of their respective assets involving in any single case an amount in excess of $15,000,000 is or are entered and shall remain unsatisfied, undischarged, unvacated, unbonded or unstayed for a period of sixty (60)
days. 
  
 (I) Dissolution. Any order, judgment or decree
shall be entered against any Borrower decreeing its involuntary dissolution or split up and such order shall remain undischarged and unstayed for a period in excess of sixty (60) days; or any Borrower shall otherwise dissolve or cease to exist
except as specifically permitted by this Agreement. 
  
 (J)
Loan Documents. At any time, for any reason, any Loan Document as a whole that materially affects the ability of the Agent or any of the Lenders to enforce the Obligations ceases to be in full force and effect, or any Borrower seeks to
repudiate its obligations thereunder. 
  
 (K) ERISA. (i)
Any Borrower or any other member of the Controlled Group shall have been notified by the sponsor of a Multiemployer Plan that such Multiemployer Plan is in reorganization or is being terminated, within the meaning of Title IV of ERISA, and such
reorganization or termination could reasonably be expected to have a Material Adverse Effect. 
  
 (ii) The Unfunded Liabilities of all Single Employer Plans shall exceed in the aggregate $15,000,000, or any Termination Event shall occur in connection with any Plan which could reasonably be expected to have a
Material Adverse Effect. 
  
 (iii) Any Borrower or any other
member of the Controlled Group shall have been notified by the sponsor of a Multiemployer Plan that it has incurred withdrawal liability to such Multiemployer Plan in an amount which, when aggregated with all other amounts required to be paid to
Multiemployer Plans by any Borrower or any other member of the Controlled Group as withdrawal liability (determined as of the date of such notification), exceeds $15,000,000. 
  
 (L) Change of Control. A Change of Control shall occur. 
  
 (M) Guarantor Revocation. Any guarantor of the Obligations shall terminate or revoke or refuse to perform any
of its payment obligations under the applicable guarantee agreement. 
  
 (N) [Reserved] 
  
 (O) Environmental
Matters. The Borrowers or any of their Subsidiaries shall be the subject of any proceeding or investigation pertaining to (i) the Release by any Borrower or any of its Subsidiaries of any Contaminant into the environment, (ii) the liability of
any Borrower or any of its Subsidiaries arising from the Release by any other Person of any Contaminant into the environment, or (iii) any violation of any Environmental, Health or Safety Requirements of Law which by the Borrowers or any of their
Subsidiaries, which, in any case, has or is reasonably likely to result in a Material Adverse Effect. 
  

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 A Default shall be deemed “continuing” until cured or until waived in writing in accordance
with Section 9.3. 
  
 ARTICLE IX: ACCELERATION,
DEFAULTING LENDERS; 
 WAIVERS, AMENDMENTS AND REMEDIES 
  
 Section 9.1. Termination of Commitments; Acceleration. If any Default described in Section 8.1(F) or
8.1(G) occurs with respect to any Borrower, the obligations of the Lenders to make Loans hereunder and the obligation of the Issuing Banks to issue Letters of Credit hereunder shall automatically terminate and the Obligations shall
immediately become due and payable without any election or action on the part of the Agent or any Lender. If any other Default occurs, the Required Lenders may terminate or suspend the obligations of the Lenders to make Loans hereunder and the
obligation of the Issuing Banks to issue Letters of Credit hereunder, or declare the Obligations to be due and payable, or both, whereupon the Obligations shall become immediately due and payable, without presentment, demand, protest or notice of
any kind, all of which the Borrowers expressly waive. 
  
 Section
9.2. Defaulting Lender. In the event that any Lender fails to fund its applicable Pro Rata Share of any Advance requested or deemed requested by the Borrowers (or requested by an Issuing Bank or the Swing Line Bank in connection with the
participation in Letters of Credit or Swing Line Loans), which such Lender is obligated to fund under the terms of this Agreement (the funded portion of such Advance being hereinafter referred to as a “Non Pro Rata Loan”), until the
earlier of such Lender’s cure of such failure and the termination of the Revolving Loan Commitments, the proceeds of all amounts thereafter repaid to the Agent by the Borrowers and otherwise required to be applied to such Lender’s share of
all other Obligations pursuant to the terms of this Agreement shall be advanced to the Borrowers (or Issuing Bank or Swing Line Bank, as applicable) by the Agent on behalf of such Lender to cure, in full or in part, such failure by such Lender, but
shall nevertheless be deemed to have been paid to such Lender in satisfaction of such other Obligations. Notwithstanding anything in this Agreement to the contrary: 
  
 (i) the foregoing provisions of this Section 9.2 shall apply only with respect to the proceeds of payments of
Obligations and shall not affect the conversion or continuation of Loans pursuant to Section 2.10; 
  
 (ii) any such Lender shall be deemed to have cured its failure to fund its applicable Pro Rata Share of any Advance at such time as an amount equal to
such Lender’s original applicable Pro Rata Share of the requested principal portion of such Advance is fully funded to the Borrowers (or Issuing Bank or Swing Line Bank, as applicable), whether made by such Lender itself or by operation of the
terms of this Section 9.2, and whether or not the Non Pro Rata Loan with respect thereto has been repaid, converted or continued; 
  
 (iii) amounts advanced to the Borrowers to cure, in full or in part, any such Lender’s failure to fund its applicable Pro Rata Share of any Advance
(“Cure Loans”) shall bear interest at the rate applicable to Floating Rate Loans in effect from time to time, and for all other purposes of this Agreement shall be treated as if they were Floating Rate Loans; 
  
 (iv) regardless of whether or not a Default has occurred or is continuing,
and notwithstanding the instructions of the Borrower as to its desired application, all repayments of principal which, in accordance with the other terms of this Agreement, would be applied to the outstanding Floating Rate Loans shall be applied
first, ratably to all Floating Rate Loans constituting Non Pro Rata Loans, second, ratably to Floating Rate Loans other than those constituting Non Pro Rata Loans or Cure Loans and, third, ratably to Floating Rate Loans
constituting Cure Loans; 
  

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 (v) for so long as and until the earlier of any such Lender’s cure of the failure to fund its
applicable Pro Rata Share of any Advance and the termination of the Revolving Loan Commitments, the term “Required Lenders” for purposes of this Agreement shall mean Lenders (excluding all Lenders whose failure to fund their respective Pro
Rata Shares of such Advance have not been so cured) whose applicable Pro Rata Shares represent greater than or equal to fifty-one percent (51%) of the aggregate Pro Rata Shares of such Lenders; and 
  
 (vi) for so long as and until any such Lender’s failure to fund its
Revolving Loan Pro Rata Share of any Advance is cured in accordance with Section 9.2(ii), (A) such Lender shall not be entitled to any commitment fees with respect to its Revolving Loan Commitment, and (B) such Lender shall not be entitled to
any letter of credit fees, which commitment fees and letter of credit fees shall accrue in favor of the Lenders which have funded their respective applicable Pro Rata Share of such requested Advance, shall be allocated among such performing Lenders
ratably based upon their relative Revolving Loan Commitments, and shall be calculated based upon the average amount by which the aggregate Revolving Loan Commitments of such performing Lenders exceeds the sum of (I) the outstanding principal amount
of the Loans owing to such performing Lenders, plus (II) the outstanding Reimbursement Obligations owing to such performing Lenders, plus (III) the aggregate participation interests of such performing Lenders arising with respect to
undrawn and outstanding Letters of Credit and Swing Line Loans. 
  
 Section 9.3. Amendments. Subject to the provisions of this Article IX, the Required Lenders (or the Agent with the consent in writing of the Required Lenders) and the Borrowers may enter into agreements supplemental hereto for
the purpose of adding or modifying any provisions to the Loan Documents or changing in any manner the rights of the Lenders or the Borrowers hereunder or waiving any Default hereunder; provided, however, that no such supplemental
agreement shall, without the consent of each Lender affected thereby: 
  
 (i) Postpone or extend the Revolving Loan Termination Date or any other date fixed for any payment of principal of, or interest on, the Loans, the Reimbursement Obligations or any fees or other amounts payable to such Lender (except with
respect to (a) any modifications of the provisions relating to prepayments of Loans and other Obligations and (b) a waiver of the application of the default rate of interest pursuant to Section 2.11 hereof. 
  
 (ii) Reduce the principal amount of any Loans or L/C Obligations, or reduce
the rate or extend the time of payment of interest or fees thereon. 
  
 (iii) Reduce the percentage specified in the definition of Required Lenders or any other percentage of Lenders specified to be the applicable percentage in this Agreement to act on specified matters. 
  
 (iv) Increase the amount of the Revolving Loan Commitment of any Lender
hereunder. 
  
 (v) Permit any Borrower to assign its rights under
this Agreement. 
  
 (vi) Release any Guarantor or a significant
portion of the Collateral. 
  
 (vii) Amend this Section
9.3. 
  

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 No amendment of any provision of this Agreement relating to (a) the Agent shall be effective without the written consent
of the Agent, and (b) Swing Line Loans shall be effective without the written consent of the Swing Line Bank. The Agent may waive payment of the fee required under Section 13.3(B) without obtaining the consent of any of the Lenders.

  
 Section 9.4. Preservation of Rights. No delay or
omission of the Lenders or the Agent to exercise any right under the Loan Documents shall impair such right or be construed to be a waiver of any Default or an acquiescence therein, and the making of a Loan or the issuance of a Letter of Credit
notwithstanding the existence of a Default or the inability of the Borrowers to satisfy the conditions precedent to such Loan or issuance of such Letter of Credit shall not constitute any waiver or acquiescence. Any single or partial exercise of any
such right shall not preclude other or further exercise thereof or the exercise of any other right, and no waiver, amendment or other variation of the terms, conditions or provisions of the Loan Documents whatsoever shall be valid unless in writing
signed by the Lenders required pursuant to Section 9.3, and then only to the extent in such writing specifically set forth. All remedies contained in the Loan Documents or by law afforded shall be cumulative and all shall be available to the
Agent and the Lenders until the Obligations have been paid in full. 
  
 ARTICLE X: GENERAL PROVISIONS 
  
 Section 10.1.
Survival of Representations. All representations and warranties of the Borrower contained in this Agreement shall survive delivery of the Notes and the making of the Loans herein contemplated. 
  
 Section 10.2. Governmental Regulation. Anything contained in this
Agreement to the contrary notwithstanding, no Lender shall be obligated to extend credit to the Borrowers or any Borrower in violation of any limitation or prohibition provided by any applicable statute or regulation. 
  
 Section 10.3. Reserved. 
  
 Section 10.4. Headings. Section headings in the Loan Documents are for
convenience of reference only, and shall not govern the interpretation of any of the provisions of the Loan Documents. 
  
 Section 10.5. Entire Agreement. This Agreement and the Loan Documents embody the entire agreement and understanding among the Borrower, the Agent
and the Lenders and supersede all prior agreements and understandings among the Borrower, the Agent and the Lenders relating to the subject matter thereof. 
  
 Section 10.6. Several Obligations; Benefits of this Agreement. The respective obligations of the Lenders hereunder are several and not joint and no
Lender shall be the partner or agent of any other Lender (except to the extent to which the Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any of its
obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns. 
  
 Section 10.7. Expenses; Indemnification. 
  
 (A) Expenses. The Borrowers, jointly and severally, agree to
reimburse the Agent and the Arranger for any reasonable costs, charges for internal legal services and out-of-pocket expenses 

  

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(including attorneys’ and paralegals’ fees and time charges of attorneys and paralegals for the Agent, which attorneys and paralegals may be
employees of the Agent) paid or incurred by the Agent or the Arranger in connection with the preparation, negotiation, execution, delivery, syndication, review, amendment, modification, and administration of the Loan Documents, subject to any
limitations in the fee letter and commitment documents issued in connection with this Agreement. The Borrowers also, jointly and severally, agree to reimburse the Agent and the Arranger and the Lenders for any costs, internal charges and
out-of-pocket expenses (including reasonable attorneys’ and paralegals’ fees and time charges of attorneys and paralegals for the Agent and the Arranger and the Lenders, which attorneys and paralegals may be employees of the Agent or the
Arranger or the Lenders) paid or incurred by the Agent or the Arranger or any Lender in connection with the collection of the Obligations and enforcement of the Loan Documents. In addition to expenses set forth above, the Borrowers, jointly and
severally, agree to reimburse the Agent, promptly after the Agent’s request therefor, for each audit, or other business analysis performed by or for the benefit of the Lenders in connection with this Agreement or the other Loan Documents in an
amount equal to the Agent’s then customary charges for each person employed to perform such audit or analysis, plus all costs and expenses (including without limitation, travel expenses) incurred by the Agent in the performance of such audit or
analysis. Agent shall provide the Borrower Representative with a statement of all reimbursements requested under this Section 10.7(A). 
  
 (B) Indemnity. The Borrowers, jointly and severally, further agree to defend, protect, indemnify, and hold harmless the Agent, the Arranger and
each and all of the Lenders and each their respective Affiliates, and each of such Agent’s, Arranger’s, Lender’s, or Affiliate’s respective officers, directors, employees, attorneys and agents (including, without limitation,
those retained in connection with the satisfaction or attempted satisfaction of any of the conditions set forth in Article V) (collectively, the “Indemnitees”) from and against any and all liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, claims, costs, expenses of any kind or nature whatsoever (including, without limitation, the fees and disbursements of counsel for such Indemnitees in connection with any investigative, administrative
or judicial proceeding, whether or not such Indemnitees shall be designated a party thereto), imposed on, incurred by, or asserted against such Indemnitees in any manner relating to or arising out of: 
  
 (i) this Agreement, the other Loan Documents, or any act, event or
transaction related or attendant thereto or to the making of the Loans, and the issuance of and participation in Letters of Credit hereunder, the management of such Loans or Letters of Credit, the use or intended use of the proceeds of the Loans or
Letters of Credit hereunder, or any of the other transactions contemplated by the Loan Documents; or 
  
 (ii) any liabilities, obligations, responsibilities, losses, damages, personal injury, death, punitive damages, economic damages, consequential damages,
treble damages, intentional, willful or wanton injury, damage or threat to the environment, natural resources or public health or welfare, costs and expenses (including, without limitation, attorney, expert and consulting fees and costs of
investigation, feasibility or remedial action studies), fines, penalties and monetary sanctions, interest, direct or indirect, known or unknown, absolute or contingent, past, present or future relating to violation of any Environmental, Health or
Safety Requirements of Law arising from or in connection with the past, present or future operations of the Borrowers, their Subsidiaries or any of their respective predecessors in interest, or, the past, present or future environmental, health or
safety condition of any respective property of the Borrowers or their Subsidiaries, the presence of asbestos-containing materials at any respective property of the Borrowers or there Subsidiaries or the Release or threatened Release of any
Contaminant into the environment (collectively, the “Indemnified Matters”); 

  

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provided, however, the Borrowers shall have no obligation to an Indemnitee hereunder with respect to Indemnified Matters caused solely by or
resulting solely from the willful misconduct or Gross Negligence of such Indemnitee or breach of contract by such Indemnitee with respect to the Loan Documents, in each case, as determined by the final non-appealed judgment of a court of competent
jurisdiction. If the undertaking to indemnify, pay and hold harmless set forth in the preceding sentence 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. 
  
 (C) Waiver of Certain Claims. The Borrowers, jointly and severally, further agree not to assert claims against any of the Indemnitees on any theory
of liability for consequential, special, indirect, exemplary or punitive damages. 
  
 (D) Survival of Agreements. The obligations and agreements of the Borrowers under this Section 10.7 shall survive the termination of this Agreement. 
  
 Section 10.8. Numbers of Documents. All statements, notices, closing
documents, and requests hereunder shall be furnished to the Agent with sufficient counterparts so that the Agent may furnish one to each of the Lenders. 
  
 Section 10.9. Accounting. Except as provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting
determinations hereunder shall be made in accordance with Agreement Accounting Principles. If any changes in generally accepted accounting principles are hereafter required or permitted and are adopted by the Borrowers with the agreement of their
independent public accountants and such changes result in a change in the method of calculation of any of the financial covenants, restrictions or standards herein or in the related definitions or terms used therein (“Accounting
Changes”), the parties hereto agree to enter into negotiations, in good faith, in order to amend such provisions in a credit neutral manner so as to reflect equitably such Accounting Changes with the desired result that the criteria for
evaluating the Borrowers’ financial condition shall be the same after such changes as if such changes had not been made; provided, however, until such provisions are amended in a manner reasonably satisfactory to the Agent and the Required
Lenders, no Accounting Change shall be given effect in such calculations and all financial statements and reports required to be delivered hereunder shall be prepared in accordance with Agreement Accounting Principles without taking into account
such Accounting Changes. In the event such amendment is entered into with respect to any Accounting Changes, all references to this Agreement to Agreement Accounting Principles shall mean generally accepted accounting principles as of the date of
such amendment. 
  
 Section 10.10. Severability of
Provisions. Any provision in any Loan Document that is held to be inoperative, unenforceable, or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in
that jurisdiction or the operation, enforceability, or validity of that provision in any other jurisdiction, and to this end the provisions of all Loan Documents are declared to be severable. 
  
 Section 10.11. Nonliability of Lenders. The relationship between the
Borrowers and the Lenders and the Agent shall be solely that of borrower and lender. Neither the Agent nor any Lender shall have any fiduciary responsibilities to the Borrowers, any Borrower or the Borrower Representative. Neither the Agent nor any
Lender undertakes any responsibility to any Borrower or the Borrower Representative to review or inform any Borrower or the Borrower Representative of any matter in connection with any phase of the Borrowers’ business or operations. 

 

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 Section 10.12. GOVERNING LAW. ANY DISPUTE BETWEEN ANY BORROWER OR THE BORROWER REPRESENTATIVE
AND THE AGENT OR THE ARRANGER OR ANY LENDER ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED BETWEEN THEM IN CONNECTION WITH, THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS, AND WHETHER ARISING IN
CONTRACT, TORT, EQUITY, OR OTHERWISE, SHALL BE RESOLVED IN ACCORDANCE WITH THE INTERNAL LAWS (WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS) OF THE STATE OF INDIANA. 
  
 Section 10.13. CONSENT TO JURISDICTION; SERVICE OF PROCESS; JURY TRIAL. 
  
 (A) JURISDICTION. EXCEPT AS PROVIDED IN SUBSECTION (B), EACH
OF THE PARTIES HERETO AGREES THAT ALL DISPUTES AMONG THEM ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH, THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS WHETHER ARISING IN
CONTRACT, TORT, EQUITY, OR OTHERWISE, MAY BE RESOLVED EXCLUSIVELY BY STATE OR FEDERAL COURTS LOCATED IN INDIANAPOLIS, INDIANA, BUT THE PARTIES HERETO ACKNOWLEDGE THAT ANY APPEALS FROM THOSE COURTS MAY HAVE TO BE HEARD BY A COURT LOCATED OUTSIDE OF
INDIANAPOLIS, INDIANA. EACH OF THE PARTIES HERETO WAIVES IN ALL DISPUTES BROUGHT PURSUANT TO THIS SUBSECTION (A) ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT CONSIDERING THE DISPUTE. 
  
 (B) OTHER JURISDICTIONS. THE BORROWERS AGREE THAT THE AGENT, OR ANY
LENDER SHALL HAVE THE RIGHT TO PROCEED AGAINST ANY BORROWER OR ITS PROPERTY IN A COURT IN ANY LOCATION TO ENABLE SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER A BORROWER OR (2) REALIZE ON ANY SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A
JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF SUCH PERSON. EACH BORROWER AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT BY SUCH PERSON TO REALIZE ON ANY SECURITY FOR THE OBLIGATIONS OR TO ENFORCE A JUDGMENT
OR OTHER COURT ORDER IN FAVOR OF SUCH PERSON. EACH BORROWER WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH SUCH PERSON HAS COMMENCED A PROCEEDING DESCRIBED IN THIS SUBSECTION (B). 
  
 (C) VENUE. EACH BORROWER IRREVOCABLY WAIVES ANY OBJECTION (INCLUDING,
WITHOUT LIMITATION, ANY OBJECTION OF THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS) WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY
OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH IN ANY JURISDICTION SET FORTH ABOVE. 
  
 (D) WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER
SOUNDING IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED TO OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED
IN 

  

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CONNECTION HEREWITH. EACH OF THE PARTIES HERETO AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL
WITHOUT A JURY AND THAT ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS AGREEMENT WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
  
 (E) WAIVER OF BOND. EACH OF THE BORROWERS AND SUBSIDIARIES WAIVES THE
POSTING OF ANY BOND OTHERWISE REQUIRED OF ANY PARTY HERETO IN CONNECTION WITH ANY JUDICIAL PROCESS OR PROCEEDING TO REALIZE ON THE COLLATERAL OR ANY OTHER SECURITY FOR THE OBLIGATIONS OR TO ENFORCE ANY JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR
OF SUCH PARTY, OR TO ENFORCE BY SPECIFIC PERFORMANCE, TEMPORARY RESTRAINING ORDER, PRELIMINARY OR PERMANENT INJUNCTION, THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT. 
  
 (F) ADVICE OF COUNSEL. EACH OF THE PARTIES REPRESENTS TO EACH OTHER PARTY HERETO THAT IT HAS DISCUSSED THIS AGREEMENT
AND, SPECIFICALLY, THE PROVISIONS OF THIS SECTION 10.13, WITH ITS COUNSEL. 
  
 Section 10.14. Subordination of Intercompany Indebtedness. Each of the Borrowers, jointly and severally, agrees that any and all claims of any of them against the other or against any endorser, obligor or any
other guarantor of all or any part of the Obligations, or against any of its properties shall be subordinate and subject in right of payment to the prior payment, in full and in cash, of all Obligations. Notwithstanding any right of any Borrower to
ask, demand, sue for, take or receive any payment from any other, all rights, liens and security interests of any Borrower, whether now or hereafter arising and howsoever existing, in any assets of any other Borrower shall be and are subordinated to
the rights of the Lenders, or other holders of Obligations and the Agent in those assets. No Borrower shall have any right to possession of any such asset or to foreclose upon any such asset, whether by judicial action or otherwise, unless and until
all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrower Parties and the Lenders and other holders of Obligations have been terminated. If all or
any part of the assets of any Borrower, or the proceeds thereof, are subject to any distribution, division or application to the creditors of such Borrower, whether partial or complete, voluntary or involuntary, and whether by reason of liquidation,
bankruptcy, arrangement, receivership, assignment for the benefit of creditors or any other action or proceeding, or if the business of any Borrower is dissolved or if substantially all of the assets of any Borrower are sold, then, and in any such
event, any payment or distribution of any kind or character, either in cash, securities or other property, which shall be payable or deliverable upon or with respect to any indebtedness of any such Borrower to any other Borrower
(“Intercompany Indebtedness”) shall be paid or delivered directly to the Agent for application on any of the Obligations, due or to become due, until such Obligations (other than contingent indemnity obligations) shall have first
been fully paid and satisfied. Each Borrower irrevocably authorizes and empowers the Agent to demand, sue for, collect and receive every such payment or distribution and give acquittance therefor and to make and present for and on behalf of the
applicable Borrower such proofs of claim and take such other action, in the Agent’s own name or in the name of the applicable Borrower or otherwise, as the Agent may deem necessary or advisable for the enforcement of this Section 10.14.
The Agent may vote such proofs of claim in any such proceeding, receive and collect any and all dividends or other payments or disbursements made thereon in whatever form the same may be paid or issued and apply the same on account of any of the
Obligations. Should any payment, distribution, security or instrument or proceeds thereof be received by any Borrower upon or with respect to the Intercompany Indebtedness on or after the acceleration of the 

  

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Obligations but prior to the satisfaction of all of the Obligations (other than contingent indemnity obligations) and the termination of all financing
arrangements among the Borrower Parties and the Lenders and other holders of Obligations, the applicable Borrower shall receive and hold the same in trust, as trustee, for the benefit of the Lenders and other holders of Obligations and shall
forthwith deliver the same to the Agent, for the benefit of the Lenders and other holders of Obligations, in precisely the form received (except for the endorsement or assignment of the Borrower where necessary), for application to any of the
Obligations, due or not due, and, until so delivered, the same shall be held in trust by the Borrower, as applicable, as the property of the Lenders and other holders of Obligations. If any Borrower fails to make any such endorsement or assignment
to the Agent, the Agent or any of its officers or employees are irrevocably authorized to make the same. The Borrower Parties agree that until the Obligations (other than the contingent indemnity obligations) have been paid in full (in cash) and
satisfied and all financing arrangements among the Borrower Parties and the Lenders and other holders of Obligations have been terminated, the Borrower Parties will not assign or transfer to any Person (other than the Agent or another Borrower) any
claim such Borrower has or may have against any other Borrower. 
  
 Section 10.15. No Strict Construction. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be
construed as if drafted jointly by the parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions of this Agreement. 
  
 ARTICLE XI: THE AGENT 
  
 Section 11.1. Appointment; Nature of Relationship. National City Bank
is appointed by the Lenders as the Agent hereunder and under each other Loan Document, and each of the Lenders irrevocably authorizes the Agent to act as the contractual representative of such Lender with the rights and duties expressly set forth
herein and in the other Loan Documents. The Agent agrees to act as such contractual representative upon the express conditions contained in this Article XI. Notwithstanding the use of the defined term “Agent,” it is expressly
understood and agreed that the Agent shall not have any fiduciary responsibilities to any Lender by reason of this Agreement and that the Agent is merely acting as the representative of the Lenders with only those duties as are expressly set forth
in this Agreement and the other Loan Documents. In its capacity as the Lenders’ contractual representative, the Agent (i) does not assume any fiduciary duties to any of the Lenders, (ii) is an “agent” of the Lenders within the meaning
of Section 9-102 (72) of the Uniform Commercial Code and (iii) is acting as an independent contractor, the rights and duties of which are limited to those expressly set forth in this Agreement and the other Loan Documents. Each of the Lenders agrees
to assert no claim against the Agent on any agency theory or any other theory of liability for breach of fiduciary duty, all of which claims each Lender waives. 
  

Section 11.2. Powers. The Agent shall have and may exercise such powers under the Loan Documents as are specifically delegated to the Agent by
the terms of each thereof, together with such powers as are reasonably incidental thereto. The Agent shall have no implied duties or fiduciary duties to the Lenders, or any obligation to the Lenders to take any action hereunder or under any of the
other Loan Documents except any action specifically provided by the Loan Documents required to be taken by the Agent. 
  
 Section 11.3. General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Borrowers, the
Lenders or any Lender for any action taken or omitted to be taken by it or them hereunder or under any other Loan Document or in connection herewith 

  

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or therewith except to the extent such action or inaction is found in a final judgment by a court of competent jurisdiction to have arisen solely from the
Gross Negligence, willful misconduct or breach of contract of such Person. 
  
 Section 11.4. No Responsibility for Loans, Creditworthiness, Recitals, Etc. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain,
inquire into, or verify (i) any statement, warranty or representation made in connection with any Loan Document or any borrowing hereunder; (ii) the performance or observance of any of the covenants or agreements of any obligor under any Loan
Document; (iii) the satisfaction of any condition specified in Article V, except receipt of items required to be delivered solely to the Agent; (iv) the existence or possible existence of any Default or Unmatured Default or (v) the validity,
effectiveness or genuineness of any Loan Document, for the perfection or priority of the Liens on any of the Collateral, or any other instrument or writing furnished in connection therewith. The Agent shall not be responsible to any Lender for any
recitals, statements, representations or warranties herein or in any of the other Loan Documents, or for the execution, effectiveness, genuineness, validity, legality, enforceability, collectibility, or sufficiency of this Agreement or any of the
other Loan Documents or the transactions contemplated thereby, or for the financial condition of any guarantor of any or all of the Obligations, the Borrower or any of its Subsidiaries. 
  
 Section 11.5. Action on Instructions of Lenders. The Agent shall in all cases be fully protected in acting, or in
refraining from acting, hereunder and under any other Loan Document in accordance with written instructions signed by the Required Lenders (or to the extent expressly required by this Agreement, the Lenders), and such instructions and any action
taken or failure to act pursuant thereto shall be binding on all of the Lenders and on all holders of Notes. The Agent shall be fully justified in failing or refusing to take any action hereunder and under any other Loan Document unless it shall
first be indemnified to its satisfaction by the Lenders pro rata against any and all liability, cost and expense that it may incur by reason of taking or continuing to take any such action. 
  
 Section 11.6. Employment of Agents and Counsel. The Agent may execute
any of its duties as the Agent hereunder and under any other Loan Document by or through employees, agents, and attorney-in-fact and shall not be answerable to the Lenders, except as to money or securities received by it or its authorized agents,
for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Agent and the Lenders and all matters
pertaining to the Agent’s duties hereunder and under any other Loan Document. 
  
 Section 11.7. Reliance on Documents; Counsel. The Agent shall be entitled to rely upon any Note, notice, consent, certificate, affidavit, letter, telegram, statement, paper or document believed by it to be
genuine and correct and to have been signed or sent by the proper person or persons, and, in respect to legal matters, upon the opinion of counsel selected by the Agent, which counsel may be employees of the Agent. 
  
 Section 11.8. The Agent’s Reimbursement and Indemnification. The
Lenders agree to reimburse and indemnify the Agent ratably in proportion to their respective Revolving Loan Commitments (i) for any amounts, which are not unreasonable or excessive, not reimbursed by the Borrower for which the Agent is entitled to
reimbursement by the Borrowers under the Loan Documents, (ii) for any other reasonable expenses incurred by the Agent on behalf of the Lenders, in connection with the preparation, execution, delivery, administration and enforcement of the Loan
Documents and (iii) for any liabilities, obligations, losses, damages, penalties, actions, judgments, suits, or any reasonable costs, expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or 

  

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asserted against the Agent in any way relating to or arising out of the Loan Documents or any other document delivered in connection therewith or the
transactions contemplated thereby, or the enforcement of any of the terms thereof or of any such other documents, provided that no Lender shall be liable for any of the foregoing to the extent any of the foregoing is found in a final non-appealable
judgment by a court of competent jurisdiction to have arisen solely from the Gross Negligence or willful misconduct of the Agent. 
  
 Section 11.9. Rights as a Lender. With respect to its Revolving Loan Commitment, Loans made by it and the Notes issued to it, the Agent shall have
the same rights and powers hereunder and under any other Loan Document as any Lender and may exercise the same as though it were not the Agent, and the term “Lender” or “Lenders” shall, unless the context otherwise indicates,
include the Agent in its individual capacity. The Agent may accept deposits from, lend money to, and generally engage in any kind of trust, debt, equity or other transaction, in addition to those contemplated by this Agreement or any other Loan
Document, with the Borrowers or any of their Subsidiaries in which such Person is not prohibited hereby from engaging with any other Person. 
  
 Section 11.10. Lender Credit Decision. Each Lender acknowledges that it has, independently and without reliance upon the Agent or any other Lender
and based on the financial statements prepared by the Borrowers and such other documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement and the other Loan Documents. Each Lender
also acknowledges that it will, independently and without reliance upon the 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 and the other Loan Documents. 
  
 Section 11.11. Successor Agent. The Agent may resign at any time by giving written notice thereof to the Lenders and the Borrower Representative. Upon any such resignation, the Required Lenders shall have the right to appoint, on
behalf of the Borrowers and the Lenders, a successor Agent. If no successor Agent shall have been so appointed by the Required Lenders and shall have accepted such appointment within thirty days after the retiring Agent’s giving notice of
resignation, then the retiring Agent may appoint, on behalf of the Borrowers and the Lenders, a successor Agent. Notwithstanding anything herein to the contrary, so long as no Default has occurred and is continuing, each such successor Agent shall
be subject to approval by the Borrower Representative, which approval shall not be unreasonably withheld. Such successor Agent shall be a commercial bank having capital and retained earnings of at least $500,000,000. Upon the acceptance of any
appointment as the Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its
duties and obligations hereunder and under the other Loan Documents. After any retiring Agent’s resignation hereunder as Agent, the provisions of this Article XI shall continue in effect for its benefit in respect of any actions taken or
omitted to be taken by it while it was acting as the Agent hereunder and under the other Loan Documents. 
  
 Section 11.12. Guaranty Matters. The Lenders and the Issuing Banks irrevocably authorize the Agent (a) to release any Borrower (other than the
Parent) or Guarantor from its obligations under the Loan Documents to which such Person is party if such Person ceases to be a Subsidiary of the Parent as a result of a transaction permitted hereunder. Upon request by the Agent at any time, the
Required Lenders will confirm in writing the Agent’s authority to release any such Borrower or Guarantor from its obligations under the Loan Documents to which such Person is party pursuant to this Section 11.12. In each case as specified in
this Section 11.12, the Agent will, at the Borrowers’ expense, execute and deliver to the applicable Borrower or Guarantor such documents as such Person may reasonably request to evidence the release of such Person from its obligations under
the Loan Documents to which it is a party. 
  

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 ARTICLE XII: SETOFF; RATABLE PAYMENTS 
  
 Section 12.1. Setoff. In addition to, and without limitation of, any rights of the Lenders under applicable law, if
any Default occurs and is continuing, any indebtedness from any Lender to the Borrowers (including all account balances, whether provisional or final and whether or not collected or available) may be offset and applied toward the payment of the
Obligations owing to such Lender, whether or not the Obligations, or any part hereof, shall then be due. 
  
 Section 12.2. Ratable Payments. If any Lender, whether by setoff or otherwise, has payment made to it upon its Loans (other than payments received
pursuant to Sections 4.1, 4.2 or 4.4) in a greater proportion than that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Loans held by the other Lenders so that after such
purchase each Lender will hold its ratable proportion of Loans. If any Lender, whether in connection with setoff or amounts which might be subject to setoff or otherwise, receives collateral or other protection for its Obligation or such amounts
which may be subject to setoff, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share in the benefits of such collateral ratably in proportion to the obligations owing to them. In case any such payment
is disturbed by legal process, or otherwise, appropriate further adjustments shall be made. 
  
 Section 12.3. Application of Payments. Subject to the provisions of Section 9.2, the Agent shall, unless otherwise specified at the direction of the Required Lenders which direction shall be consistent
with the last sentence of this Section 12.3, apply all payments and prepayments in respect of any Obligations and all proceeds of Collateral in the following order: 
  
 (A) first, to pay interest on and then principal of any portion of the Loans which the Agent may have advanced on behalf of
any Lender for which the Agent has not then been reimbursed by such Lender or the Borrower; 
  
 (B) second, to pay interest on and then principal of any advance made under Section 10.3 for which the Agent has not then been paid by the Borrowers or reimbursed by the Lenders; 
  
 (C) third, to pay Obligations in respect of any fees, expense reimbursements
or indemnities then due to the Agent; 
  
 (D) fourth, to pay
Obligations in respect of any fees, expenses, reimbursements or indemnities then due to the Lenders and the issuer(s) of Letters of Credit; 
  
 (E) fifth, to pay interest due in respect of Swing Line Loans; 
  
 (F) sixth, to pay interest due in respect of Loans (other than Swing Line Loans) and L/C Obligations; 
  
 (G) seventh, to the ratable payment or prepayment of principal outstanding on
Swing Line Loans; 
  

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 (H) eighth, to the ratable payment or prepayment of principal outstanding on Loans (other than Swing Line
Loans), Reimbursement Obligations and Hedging Obligations under Interest Rate Agreements in such order as the Agent may determine in its sole discretion; 
  
 (I) ninth, to provide required cash collateral, if required pursuant to Section 3.11 and 
  
 (J) tenth, to the ratable payment of all other Obligations. 
  
 Unless otherwise designated (which designation shall only be applicable prior to the
occurrence of a Default) by the Borrowers, all principal payments in respect of Loans (other than Swing Line Loans) shall be applied first, to repay outstanding Floating Rate Loans, and then to repay outstanding Eurodollar Rate Loans
with those Eurodollar Rate Loans which have earlier expiring Interest Periods being repaid or prepaid prior to those which have later expiring Interest Periods. The order of priority set forth in this Section 12.3 and the related provisions
of this Agreement are set forth solely to determine the rights and priorities of the Agent, the Lenders, the Swing Line Bank and the issuer(s) of Letters of Credit as among themselves. The order of priority set forth in clauses (D) through
(J) of this Section 12.3 may at any time and from time to time be changed by the Required Lenders without necessity of notice to or consent of or approval by the Borrower, or any other Person; provided, that the order of
priority of payments in respect of Swing Line Loans may be changed only with the prior written consent of the Swing Line Bank. The order of priority set forth in clauses (A) through (C) of this Section 12.3 may be changed only
with the prior written consent of the Agent. 
  
 Section 12.4.
Relations Among Lenders. 
  
 (A) Except with respect to
the exercise of set-off rights of any Lender in accordance with Section 12.1, the proceeds of which are applied in accordance with this Agreement, and except for the termination of any Interest Rate Agreement, each Lender agrees that it will
not take any action, nor institute any actions or proceedings, against the Borrower or any other obligor hereunder or with respect to any Loan Document, without the prior written consent of the Required Lenders or, as may be provided in this
Agreement or the other Loan Documents, at the direction of the Agent. 
  
 (B) The Lenders are not partners or co-venturers, and no Lender shall be liable for the acts or omissions of, or (except as otherwise set forth herein in case of the Agent) authorized to act for, any other Lender. The Agent shall have the
exclusive right on behalf of the Lenders to enforce on the payment of the principal of and interest on any Loan after the date such principal or interest has become due and payable pursuant to the terms of this Agreement. 
  
 ARTICLE XIII: BENEFIT OF AGREEMENT; 
 ASSIGNMENTS; PARTICIPATIONS 
  
 Section 13.1. Successors and Assigns. The terms and provisions of the Loan Documents shall be binding upon and inure to the benefit of the
Borrowers and the Lenders and their respective successors and assigns, except that (i) the Borrowers shall not have the right to assign all or a portion of their respective rights or obligations under the Loan Documents and (ii) any assignment by
any Lender must be made in compliance with Section 13.3 hereof. Notwithstanding clause (ii) of this Section 13.1, any Lender may at any time, without the consent of the Borrowers or the Agent, assign all or any portion of its rights
under this Agreement and its Notes to a Federal Reserve Bank; provided, however, that no such assignment shall release the transferor Lender from its obligations hereunder. The Agent may treat the payee of any Note as the owner thereof
for all purposes hereof unless and until such payee complies with Section 13.3 hereof in the case of an assignment thereof or, in the case of any other transfer, a 

  

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written notice of the transfer is filed with the Agent. Any assignee or transferee of a Note agrees by acceptance thereof to be bound by all the terms and
provisions of the Loan Documents. Any request, authority or consent of any Person, who at the time of making such request or giving such authority or consent is the holder of any Note, shall be conclusive and binding on any subsequent holder,
transferee or assignee of such Note or of any Note or Notes issued in exchange therefor. 
  
 Section 13.2. Participations. 
  
 (A) Permitted Participants; Effect. Subject to the terms set forth in this Section 13.2, any Lender may, in the ordinary course of its business and in accordance with applicable law, at any time sell to one or more banks or
other entities (“Participants”) participating interests in any Loan owing to such Lender, any Note held by such Lender, any Revolving Loan Commitment of such Lender, any L/C Interest of such Lender or any other interest of such
Lender under the Loan Documents on a pro rata or non-pro rata basis, provided that no such participation may be effected if such participation would increase Borrowers’ liability for Taxes or Other Taxes. Notice of such participation to the
Borrower and the Agent shall be required prior to any participation becoming effective with respect to a Participant which is not a Lender or an Affiliate thereof. In the event of any such sale by a Lender of participating interests to a
Participant, such Lender’s obligations under the Loan Documents shall remain unchanged, such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, such Lender shall remain the holder of any
such Note for all purposes under the Loan Documents, all amounts payable by the Borrower under this Agreement shall be determined as if such Lender had not sold such participating interests, and the Borrower and the Agent shall continue to deal
solely and directly with such Lender in connection with such Lender’s rights and obligations under the Loan Documents except that, for purposes of Article IV hereof, the Participants shall be entitled to the same rights as if they were
Lenders. 
  
 (B) Voting Rights. Each Lender shall retain
the sole right to approve, without the consent of any Participant, any amendment, modification or waiver of any provision of the Loan Documents other than any amendment, modification or waiver with respect to any Loan or Revolving Loan Commitment in
which such Participant has an interest which forgives principal, interest or fees or reduces the interest rate or fees payable pursuant to the terms of this Agreement with respect to any such Loan or Revolving Loan Commitment, postpones any date
fixed for any regularly-scheduled payment of principal of, or interest or fees on, any such Loan or Revolving Loan Commitment. 
  
 (C) Benefit of Setoff. The Borrowers agree that each Participant shall be deemed to have the right of setoff provided in Section 12.1 hereof
in respect to its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the Loan Documents, provided that each Lender
shall retain the right of setoff provided in Section 12.1 hereof with respect to the amount of participating interests sold to each Participant except to the extent such Participant exercises its right of setoff. The Lenders agree to share
with each Participant, and each Participant, by exercising the right of setoff provided in Section 12.1 hereof, agrees to share with each Lender, any amount received pursuant to the exercise of its right of setoff, such amounts to be shared
in accordance with Section 12.2 as if each Participant were a Lender. 
  
 Section 13.3. Assignments. 
  
 (A) Permitted Assignments. Any Lender may, in the ordinary course of its business and in accordance with applicable law, at any time assign to one or more banks or other “accredited investors”
(“Purchasers”) all or a portion of its rights and obligations under this Agreement (including, 

  

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without limitation, its Revolving Loan Commitment, all Loans owing to it, all of its participation interests in existing Letters of Credit, and its
obligation to participate in additional Letters of Credit hereunder) in accordance with the provisions of this Section 13.3. Each assignment shall be of a constant, and not a varying, ratable percentage of all of the assigning Lender’s
rights and obligations under this Agreement. Such assignment shall be substantially in the form of Exhibit E hereto and shall not be permitted hereunder unless such assignment is either for all of such Lender’s rights and obligations
under the Loan Documents or, without the prior written consent of the Agent, involves loans and commitments in an aggregate amount of at least $5,000,000 (which minimum amount may be waived by the Required Lenders after the occurrence of a Default
or Unmatured Event of Default). The consent of the Agent and, prior to the occurrence of a Default or Unmatured Default, the Borrowers (which consent, in each such case, shall not be unreasonably withheld unless as a result of such assignment
Borrowers would be subject to any increased liability for Taxes or Other Taxes in which case Borrowers’ consent to any such assignment shall be required and may be withheld in its sole discretion), shall be required prior to an assignment
becoming effective with respect to a Purchaser which is not a Lender or an Affiliate thereof. 
  
 (B) Effect; Effective Date. Upon (i) delivery to the Agent of a notice of assignment, substantially in the form attached as Appendix I to Exhibit E hereto (a “Notice of
Assignment”), together with any consent required by Section 13.3.(A) hereof, and (ii), in the case of an assignment to a Purchaser which is not a Lender or an Affiliate thereof, payment of a $5,000 fee to the Agent for processing
such assignment, such assignment shall become effective on the effective date specified in such Notice of Assignment. The Notice of Assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make
the purchase of the Commitment, Loans and L/C Obligations under the applicable assignment agreement are “plan assets” as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be
“plan assets” under ERISA. On and after the effective date of such assignment, such Purchaser, if not already a Lender, shall for all purposes be a Lender party to this Agreement and any other Loan Documents executed by the Lenders and
shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Agent shall be required to release the
transferor Lender with respect to the percentage of the Aggregate Revolving Loan Commitment, Loans and Letter of Credit participations assigned to such Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section
13.3(B), the transferor Lender, the Agent and the Borrowers shall make appropriate arrangements so that replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in
each case in principal amounts reflecting their Revolving Loan Commitment, as adjusted pursuant to such assignment. 
  
 (C) The Register. The Agent shall maintain at its address referred to in Section 14.1 a copy of each assignment delivered to and accepted by
it pursuant to this Section 13.3 and a register (the “Register”) for the recordation of the names and addresses of the Lenders and the Revolving Loan Commitment of and principal amount of the Loans owing to, each Lender from
time to time and whether such Lender is an original Lender or the assignee of another Lender pursuant to an assignment under this Section 13.3. The entries in the Register shall be conclusive and binding for all purposes, absent manifest
error, and the Borrowers and each of their Subsidiaries, the Agent and the Lenders may treat each Person whose name is recorded in the Register as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection
by the Borrower Representative or any Lender at any reasonable time and from time to time upon reasonable prior notice. 
  
 Section 13.4. Confidentiality. Subject to Section 13.5, the Agent and the Lenders shall hold all information obtained pursuant to the
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clearly identified as publicly available information) in accordance with such Person’s customary procedures for handling confidential information of
this nature and in accordance with safe and sound banking practices and in any event may make disclosure reasonably required by a prospective Transferee in connection with the contemplated participation or assignment or as required or requested by
any Governmental Authority or representative thereof or pursuant to legal process and shall require any such Transferee to agree (and require any of its Transferees to agree) to comply with this Section 13.4. In no event shall the Agent or
any Lender be obligated or required to return any materials furnished by the Borrowers; provided, however, each prospective Transferee shall be required to agree that if it does not become a participant or assignee it shall return all
materials furnished to it by or on behalf of the Borrowers in connection with this Agreement. 
  
 Section 13.5. Dissemination of Information. The Borrowers authorize each Lender to disclose to any Participant or Purchaser or any other Person acquiring an interest in the Loan Documents by operation of law
(each a “Transferee”) and any prospective Transferee any and all information in such Lender’s possession concerning the Borrower and its Subsidiaries; provided that prior to any such disclosure, such prospective
Transferee shall agree to preserve in accordance with Section 13.4 the confidentiality of any confidential information described therein. 
  
 ARTICLE XIV: NOTICES 
  
 Section 14.1. Giving Notice. Except as otherwise permitted by Section 2.14 with respect to borrowing notices, all notices and other
communications provided to any party hereto under this Agreement or any other Loan Documents shall be in writing or by telex or by facsimile and addressed or delivered to such party at its address set forth below its signature hereto or at such
other address as may be designated by such party in a notice to the other parties. Any notice, if mailed and properly addressed with postage prepaid, shall be deemed given when received; any notice, if transmitted by telex or facsimile, shall be
deemed given when transmitted (answerback confirmed in the case of telexes). 
  
 Section 14.2. Change of Address. The Borrowers, the Agent and any Lender may each change the address for service of notice upon it by a notice in writing to the other parties hereto. 
  
 ARTICLE XV: BORROWER REPRESENTATIVE 
  
 Each Borrower hereby appoints the Borrower Representative as its agent to act
as specified herein and authorizes the Borrower Representative to take such action and perform such duties on such Borrower’s behalf as are specified in this Agreement and the other Loan Documents to be taken or performed by the Borrower
Representative, and to exercise such powers, take such actions and perform such duties as are reasonably incidental thereto. 
  
 ARTICLE XVI: COUNTERPARTS 
  
 This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one agreement, and any of the parties hereto
may execute this Agreement by signing any such counterpart. This Agreement shall be effective when it has been executed by the Borrowers, the Agent and the Lenders and each party has notified the Agent by telex or telephone, that it has taken such
action. 
  

 -67- 

 ARTICLE XVII: USA PATRIOT ACT 
  
 Each Lender that is subject to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October
26, 2001)) (the “Act”) hereby notifies the Borrowers that pursuant to the requirements of the Act, it is required to obtain, verify and record information that identifies each Borrower, which information includes the name and address of
each Borrower and other information that will allow such Lender to identify such Borrower in accordance with the Act. 
  
 [Remainder of This Page Intentionally Blank] 
  

 -68- 

 IN WITNESS WHEREOF, the Borrower, the Lenders and the Agent have executed this Agreement as of the date
first above written. 
  

			
	THE FINISH LINE, INC.,
	as a Borrower and as Borrower Representative
		
	By:	 	 /s/ GARY D. COHEN

	Name:	 	Gary D. Cohen
	Title:	 	 Executive Vice President, General Counsel and Secretary

		
	Address:	 	3308 North Mitthoeffer Road
	 	 	Indianapolis, Indiana 46235
	
	Attention: Steven J. Schneider
	Telephone No.:
	Facsimile No.: 317-895-2884
	
	THE FINISH LINE USA, INC.,
	as a Borrower
		
	By:	 	 /s/ GARY D. COHEN

	Name:	 	Gary D. Cohen
	Title:	 	 Executive Vice President, General Counsel and Secretary

		
	Address:	 	3308 North Mitthoeffer Road
	 	 	Indianapolis, Indiana 46235
	
	Attention: Steven J. Schneider
	Telephone No.:
	Facsimile No.: 317-895-2884

  
 Signature Page to

 Credit Agreement 

			
	FINISH LINE TRANSPORTATION CO., INC.,
	as a Borrower
		
	By:	 	 /s/ GARY D. COHEN

	Name:	 	Gary D. Cohen
	Title:	 	 Executive Vice President, General Counsel and Secretary

		
	Address:	 	3308 North Mitthoeffer Road
	 	 	Indianapolis, Indiana 46235
	
	Attention: Steven J. Schneider
	Telephone No.:
	Facsimile No.: 317-895-2884
	
	THE FINISH LINE DISTRIBUTION, INC.,
	as a Borrower
		
	By:	 	 /s/ GARY D. COHEN

	Name:	 	Gary D. Cohen
	Title:	 	 Executive Vice President, General Counsel and Secretary

		
	Address:	 	3308 North Mitthoeffer Road
	 	 	Indianapolis, Indiana 46235
	
	Attention: Steven J. Schneider
	Telephone No.:
	Facsimile No.: 317-895-2884

  
 Signature Page to

 Credit Agreement 

			
	NATIONAL CITY BANK OF INDIANA,
	as Agent, as Arranger, as a Lender, as an Issuing
	Bank and as the Swing Line Bank
		
	By:	 	 /s/ THOMAS R. GROH

	Name:	 	Thomas R. Groh
	Title:	 	Senior Vice President
		
	Address:	 	National City Bank of Indiana
	 	 	Suite 200 E
	 	 	One National City Center
	 	 	Indianapolis, Indiana 46255
	
	Attention: Thomas R. Groh
	Telephone No.: 317-267-7422
	Facsimile No.: 317-267-8899

  
 Signature Page to

 Credit Agreement 

			
	BANK OF AMERICA, N.A.,
	as a Lender
		
	By:	 	 /s/ JONATHAN M. PHILLIPS

	Name:	 	Jonathan M. Phillips
	Title:	 	Vice President
		
	Address:	 	Bank of America, N.A.
	 	 	IL-231-06-40
	 	 	231 S. LaSalle Street
	 	 	Chicago, Illinois 60697
	
	Attention: Jonathan M. Phillips
	Telephone No.: 312-828-8997
	Facsimile No.:  312-974-0333

  
 Signature Page to

 Credit Agreement 

			
	THE NORTHERN TRUST COMPANY,
	as a Lender
		
	By:	 	 /s/ CARYN GRANT

	Name:	 	Caryn Grant
	Title:	 	Senior Vice President
		
	Address:	 	The Northern Trust Company
	 	 	50 South LaSalle Street, B-2
	 	 	Chicago, Illinois 60675
	
	Attention: Jared T. Hall
	Telephone No.: 312-444-4051
	Facsimile No.:  312-444-7028

  
 Signature Page to

 Credit Agreement 

			
	UNION PLANTERS BANK, NA,
	as a Lender
		
	By:	 	 /s/ JOSEPH C. HOWARTH

	Name:	 	Joseph C. Howarth
	Title:	 	Vice President
		
	Address:	 	Regions Bank
	 	 	One Indiana Square
	 	 	Suite 227
	 	 	Indianapolis, Indiana 46204
	
	Attention: Joseph C. Howarth
	Telephone No.: 317-221-6091
	Facsimile No.:  317-221-6120

  
 Signature Page to

 Credit Agreement 

			
	LASALLE BANK, N.A.,
	as a Lender
		
	By:	 	 /s/ ANDREW CRASK

	Name:	 	Andrew Crask
	Title:	 	Assistant Vice President
		
	Address:	 	LaSalle Bank, N.A.
	 	 	30 South Meridian Street
	 	 	Suite 800
	 	 	Indianapolis, Indiana 46204
	
	Attention: Andrew Crask
	Telephone No.: 317-916-2227
	Facsimile No.:  317-756-7021

  
 Signature Page to

 Credit Agreement 

			
	FIFTH THIRD BANK (CENTRAL INDIANA),
	as a Lender
		
	By:	 	 /s/ DAVID W. O’NEAL

	Name:	 	David W. O’Neal
	Title:	 	Vice President
		
	Address:	 	Fifth Third Bank (Central Indiana)
	 	 	251 N. Illinois Street
	 	 	Indianapolis, IN 46204
	
	Attention: David W. O’Neal
	Telephone No.: 317-383-2288
	Facsimile No.:  317-340-2320

  
 Signature Page to

 Credit AgreementSubsidiary Guaranty

 Exhibit 10.2 
  
 SUBSIDIARY GUARANTY 
  
 THIS SUBSIDIARY GUARANTY (this “Guaranty”) is made as of the 25th day of February, 2005, by SPIKE’S HOLDING, LLC (the
“Subsidiary Guarantor”) in favor of the Agent, for the ratable benefit of the Lenders, under the Credit Agreement referred to below; 
  
 WITNESSETH: 
  
 WHEREAS, THE FINISH LINE, INC., an Indiana corporation (“TFL”), THE FINISH LINE USA, INC., an Indiana corporation
(“FLUSA”), THE FINISH LINE DISTRIBUTION, INC., an Indiana corporation (“FLDC”), FINISH LINE TRANSPORTATION CO., INC., an Indiana corporation (“FLTC”), the institutions a party thereto as Lenders
(“Lenders”) and NATIONAL CITY BANK OF INDIANA., a national banking association, in its capacity as contractual representative (the “Agent”) for itself and the other Lenders, have entered into a certain Credit
Agreement dated as of February 25, 2005 (as the same may be amended or modified from time to time, the “Credit Agreement”), providing, subject to the terms and conditions thereof, for extensions of credit to be made by the Lenders
to TFL, FLUSA, FLDC, and FLTC (collectively, the “Borrowers”); 
  
 WHEREAS, it is a requirement under the Credit Agreement that the Subsidiary Guarantor execute and deliver this Guaranty whereby the Subsidiary Guarantor shall guarantee the payment when due, subject to Section 10
hereof, of all principal, interest and other amounts that shall be at any time due and payable by the Borrowers under the Credit Agreement, the Notes and the other Loan Documents; and 
  
 WHEREAS, in consideration of the financial and other support that the Borrowers have provided, and such financial and other
support as the Borrowers may in the future provide, to the Subsidiary Guarantor, and in order to induce the Lenders to make Loans under the Credit Agreement, the Subsidiary Guarantor is willing to guarantee the obligations of the Borrowers under the
Credit Agreement, the Notes, and the other Loan Documents; 
  
 NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
  
 SECTION 1. Definitions. Terms defined in the Credit Agreement and not
otherwise defined herein have, as used herein, the respective meanings provided for therein. 

 SECTION 2.01 Representations and Warranties. The Subsidiary Guarantor represents and warrants
(which representations and warranties shall be deemed to have been renewed upon each Advance under the Credit Agreement) that: 
  
 (a) it (i) is a limited liability company duly organized, validly existing and in existence under the laws of the jurisdiction of its organization, (ii)
is duly qualified to do business as a foreign limited liability company and is in good standing under the laws of each jurisdiction in which failure to be so qualified and in good standing could not reasonably be expected to have a Material Adverse
Effect, and (iii) has all requisite limited liability company power or other necessary power and authority to own, operate and encumber its property and to conduct its business as presently conducted and as proposed to be conducted. 
  
 (b) it has all necessary limited liability company power and authority to
execute, deliver and perform its obligations under this Guaranty; the execution, delivery and performance of this Guaranty have been duly authorized by all necessary limited liability company action; and this Guaranty has been duly and validly
executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, or moratorium or other
similar laws relating to the enforcement of creditors’ rights generally and by general equitable principles. 
  
 (c) the execution, delivery and performance of this Guaranty does not and will not (i) conflict with the articles of organization or operating agreement
of Guarantor, (ii) conflict with, result in a breach of or constitute (with or without notice or lapse of time or both) a default under any Requirement of Law (including, without limitation, any Environmental Property Transfer Act) or Contractual
Obligation of Guarantor, or require termination of any Contractual Obligation, except such interference, breach, default or termination which individually or in the aggregate could not reasonably be expected to have a Material Adverse Effect, (iii)
result in or require the creation or imposition of any Lien whatsoever upon any of the property or assets of Guarantor, other than Liens permitted by the Loan Documents, or (iv) require any approval of Guarantor’s members except such as have
been obtained. The execution, delivery and performance of each of this Guaranty does not and will not require any registration with, consent or approval of, or notice to, or other action to, with or by any Governmental Authority, including under any
Environmental Property Transfer Act, except filings, consents or notices which have been made, obtained or given, or which, if not made, obtained or given, individually or in the aggregate could not reasonably be expected to have a Material Adverse
Effect. 
  
 SECTION 2.02 Covenants. The Subsidiary
Guarantor covenants that, so long as any Lender has any Commitment outstanding under the Credit Agreement or any Obligation (other than contingent indemnity obligations) payable under the Credit Agreement or any Note shall remain unpaid, that it
will not take any action that would result in a violation by the Borrowers of the covenants and agreements set forth in the Credit Agreement. 
  

 -2- 

 SECTION 3. The Guaranty. Subject to Section 10 hereof, the Subsidiary Guarantor hereby
unconditionally guarantees the full and punctual payment (whether at stated maturity, upon acceleration or otherwise but giving effect to any applicable notice or grace period) of the principal of and interest on each Note issued by the Borrowers
pursuant to the Credit Agreement, and the full and punctual payment of all other amounts payable by the Borrowers under the Credit Agreement and the other Loan Documents including, without limitation, the Obligations (all of the foregoing, subject
to the provisions of Section 10 hereof, being referred to collectively as the “Guaranteed Obligations”). Upon failure by the Borrowers to pay punctually any such amount, the Subsidiary Guarantor agrees that it shall forthwith on
demand pay the amount not so paid at the place and in the manner specified in the Credit Agreement, any Note or the relevant Loan Document, as the case may be, it being agreed and acknowledged by the Subsidiary Guarantor that this Guaranty
constitutes a guaranty of payment (and not collection), and that it shall not be necessary for the Agent or any Lender to exercise any remedies against the Borrowers or any other Person as a condition to a demand for payment under this Guaranty.

  
 SECTION 4. Guaranty Unconditional. Subject to Section
10 hereof, the obligations of the Subsidiary Guarantor hereunder shall be unconditional and absolute and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by: 
  
 (a) any extension, renewal, settlement, compromise, waiver or release in
respect of any obligation of the Borrowers under the Credit Agreement, any Note, or any other Loan Document, by operation of law or otherwise or any obligation of any other guarantor of any of the Obligations; 
  
 (b) any modification or amendment of or supplement to the Credit Agreement,
any Note, or any other Loan Document; 
  
 (c) any release,
nonperfection or invalidity of any direct or indirect security for any obligation of the Borrowers under the Credit Agreement, any Note, any security agreement, any Loan Document, or any obligations of any other guarantor of any of the Obligations;

  
 (d) any change in the corporate or limited liability company
existence, structure or ownership of any of the Borrowers or any other guarantor of any of the Obligations, or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any of the Borrowers, or any other guarantor of the
Obligations, or its assets or any resulting release or discharge of any obligation of any of the Borrowers, or any other guarantor of any of the Obligations; 
  
 (e) the existence of any claim, setoff or other rights which the Subsidiary Guarantor may have at any time against any of the Borrowers, any other
guarantor of any of the Obligations, the Agent, any Lender or any other Person, whether in connection herewith or any unrelated transactions; 
  

 -3- 

 (f) any invalidity or unenforceability relating to or against any of the Borrowers, or any other
guarantor of any of the Obligations, for any reason related to the Credit Agreement, any other Loan Document, or any provision of applicable law or regulation purporting to prohibit the payment by the Borrowers, or any other guarantor of the
Obligations, of the principal of or interest on any Note or any other amount payable by the Borrowers under the Credit Agreement, the Notes, or any other Loan Document; or 
  
 (g) any other act or omission to act or delay of any kind by the Borrowers, any other guarantor of the Obligations, the
Agent, any Lender or any other Person or any other circumstance whatsoever which might, but for the provisions of this paragraph, constitute a legal or equitable discharge of the Subsidiary Guarantor’s obligations hereunder. 
  
 SECTION 5. Discharge Only Upon Payment In Full; Reinstatement In Certain
Circumstances. The Subsidiary Guarantor’s obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full and the Commitments under the Credit Agreement shall have terminated or
expired. If at any time any payment of the principal of or interest on any Note or any other amount payable by the Borrowers or any other party under the Credit Agreement or any other Loan Document is rescinded or must be otherwise restored or
returned upon the insolvency, bankruptcy or reorganization of any of the Borrowers or otherwise, the Subsidiary Guarantor’s obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made
at such time. 
  
 SECTION 6. Waiver of Notice. The
Subsidiary Guarantor irrevocably waives acceptance hereof, presentment, demand, protest and, to the fullest extent permitted by law, any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person
against the Borrowers, any other guarantor of the Obligations, or any other Person. 
  
 SECTION 7. Subrogation. The Subsidiary Guarantor hereby agrees not to assert any right, claim or cause of action, including, without limitation, a claim for subrogation, reimbursement, indemnification or
otherwise, against the Borrowers arising out of or by reason of this Guaranty or the obligations hereunder, including, without limitation, the payment or securing or purchasing of any of the Obligations by the Subsidiary Guarantor unless and until
the Guaranteed Obligations are paid in full and any commitment to lend or issue Letters of Credit under the Credit Agreement and other Loan Documents is terminated. 
  
 SECTION 8. Stay of Acceleration. If acceleration of the time for payment of any amount payable by the Borrowers under
the Credit Agreement, any Note or any other Loan Document is stayed upon the insolvency, bankruptcy or reorganization of any of the 

  

 -4- 

 
Borrowers, all such amounts otherwise subject to acceleration under the terms of the Credit Agreement, any Note or any other Loan Document shall nonetheless
be payable by the Subsidiary Guarantor hereunder forthwith on demand by the Agent made at the request of the Required Lenders. 
  
 SECTION 9. Other Guarantors. The Subsidiary Guarantor shall be jointly and severally liable with any other guarantor of the Guaranteed Obligations.
If the Required Lenders or the Agent elect to enforce their rights against less than all guarantors of the Guaranteed Obligations, that election shall not release the Subsidiary Guarantor from its obligations under this Guaranty. 
  
 SECTION 10. Limitation on Obligations. (a) It is the intention of the
Subsidiary Guarantor and the Lenders that the obligations of the Subsidiary Guarantor hereunder shall be in, but not in excess of, as of any date, the maximum amount (such amount being the Subsidiary Guarantor’s “Maximum
Liability”) not subject to avoidance under Title 11 of the United States Code, as same may be amended from time to time, or any applicable state law (collectively, the “Bankruptcy Code”). To that end, but as to the Maximum
Liability of the Subsidiary Guarantor, only to the extent such obligations would otherwise be subject to avoidance under the Bankruptcy Code if the Subsidiary Guarantor is not deemed to have received valuable consideration, fair value or reasonably
equivalent value for its obligations hereunder, the Subsidiary Guarantor’s obligations hereunder shall be reduced to that amount which, after giving effect thereto, would not render the Subsidiary Guarantor insolvent, or leave the Subsidiary
Guarantor with an unreasonably small capital to conduct its business, or cause the Subsidiary Guarantor to have incurred debts (or intended to have incurred debts) beyond its ability to pay such debts as they mature, at the time such obligations are
deemed to have been incurred. As used herein, the terms “insolvent” and “unreasonably small capital” shall likewise be determined in accordance with the Bankruptcy Code. This Section 10(a) with respect to the Maximum Liability of
the Subsidiary Guarantor is intended solely to preserve the rights of the Agent hereunder to the maximum extent not subject to avoidance under the Bankruptcy Code, and neither Subsidiary Guarantor nor any other person or entity shall have any right
or claim under this Section 10(a) with respect to the Maximum Liability, except to the extent necessary so that the obligations of the Subsidiary Guarantor hereunder shall not be rendered voidable under the Bankruptcy Code. 
  
 (b) The Subsidiary Guarantor agrees that the Guaranteed Obligations may at
any time and from time to time exceed the Maximum Liability of the Subsidiary Guarantor, and may exceed the aggregate Maximum Liability of all other Subsidiary Guarantors, without impairing this Guaranty or affecting the rights and remedies of the
Agent hereunder. Nothing in this Section 10(b) shall be construed to increase the Subsidiary Guarantor’s obligations hereunder beyond its Maximum Liability. 
  
 SECTION 11. Subordination of Certain Indebtedness. Guarantor agrees that any and all claims of it against Borrowers
or against any endorser, obligor or any other guarantor of all or any part of the Obligations (collectively, “Borrower Parties”, and individually, a “Borrower Party”), or against any of its properties shall be
subordinate 

  

 -5- 

 
and subject in right of payment to the prior payment, in full and in cash, of all Obligations. Notwithstanding any right of Guarantor to ask, demand, sue
for, take or receive any payment from any Borrower Party, all rights, liens and security interests of Guarantor, whether now or hereafter arising and howsoever existing, in any assets of any Borrower Party shall be and are subordinated to the rights
of the Lenders, or other holders of Obligations and the Agent in those assets. Guarantor shall have no right to possession of any such asset or to foreclose upon any such asset, whether by judicial action or otherwise, unless and until all of the
Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrower Parties and the Lenders and other holders of Obligations have been terminated. If all or any part of
the assets of any Borrower Party, or the proceeds thereof, are subject to any distribution, division or application to the creditors of such Borrower Party, whether partial or complete, voluntary or involuntary, and whether by reason of liquidation,
bankruptcy, arrangement, receivership, assignment for the benefit of creditors or any other action or proceeding, or if the business of any Borrower Party is dissolved or if substantially all of the assets of any Borrower Party are sold, then, and
in any such event, any payment or distribution of any kind or character, either in cash, securities or other property, which shall be payable or deliverable upon or with respect to any indebtedness of any such Borrower Party to Guarantor
(“Intercompany Indebtedness”) shall be paid or delivered directly to the Agent for application on any of the Obligations, due or to become due, until such Obligations (other than contingent indemnity obligations) shall have first
been fully paid and satisfied. Guarantor irrevocably authorizes and empowers the Agent to demand, sue for, collect and receive every such payment or distribution and give acquittance therefor and to make and present for and on behalf of the
Guarantor such proofs of claim and take such other action, in the Agent’s own name or in the name of Guarantor or otherwise, as the Agent may deem necessary or advisable for the enforcement of this Section 11. The Agent may vote such proofs of
claim in any such proceeding, receive and collect any and all dividends or other payments or disbursements made thereon in whatever form the same may be paid or issued and apply the same on account of any of the Obligations. Should any payment,
distribution, security or instrument or proceeds thereof be received by Guarantor upon or with respect to the Intercompany Indebtedness on or after the acceleration of the Obligations but prior to the satisfaction of all of the Obligations (other
than contingent indemnity obligations) and the termination of all financing arrangements among the Borrower Parties and the Lenders and other holders of Obligations, Guarantor shall receive and hold the same in trust, as trustee, for the benefit of
the Lenders and other holders of Obligations and shall forthwith deliver the same to the Agent, for the benefit of the Lenders and other holders of Obligations, in precisely the form received (except for the endorsement or assignment of the Borrower
where necessary), for application to any of the Obligations, due or not due, and, until so delivered, the same shall be held in trust by the Guarantor as the property of the Lenders and other holders of Obligations. If Guarantor fails to make any
such endorsement or assignment to the Agent, the Agent or any of its officers or employees are irrevocably authorized to make the same. Guarantor agrees that until the Obligations (other than the contingent indemnity obligations) have been paid in
full (in cash) and satisfied and all financing arrangements among the Borrower Parties and the Lenders and other holders of Obligations have been terminated, Guarantor will not assign or transfer to any Person (other than the Agent or another
Borrower) any claim Guarantor has or may have against any Borrower Party. 
  

 -6- 

 SECTION 12. Notices. All notices, requests and other communications to any party hereunder shall
be given or made by telecopier or other writing and telecopied, mailed or delivered to the intended recipient at its address or telecopier number set forth on the signature pages hereof or such other address or telecopy number as such party may
hereafter specify for such purpose by notice to the Agent in accordance with the provisions of Section 13 of the Credit Agreement. Except as otherwise provided in this Guaranty, all such communications shall be deemed to have been duly given when
transmitted by telecopier and confirmation of receipt is received, or personally delivered or, in the case of a mailed notice sent by certified mail return-receipt requested, on the date set forth on the receipt (provided, that any refusal to accept
any such notice shall be deemed to be notice thereof as of the time of any such refusal), in each case given or addressed as aforesaid. 
  
 SECTION 13. No Waivers. No failure or delay by the Agent or any Lenders 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 provided in this Guaranty, the Credit Agreement, the
Notes, and the other Loan Documents shall be cumulative and not exclusive of any rights or remedies provided by law. 
  
 SECTION 14. Successors and Assigns. This Guaranty is for the benefit of the Agent and the Lenders and their respective successors and permitted
assigns and in the event of an assignment of any amounts payable under the Credit Agreement, the Notes, or the other Loan Documents, the rights hereunder, to the extent applicable to the indebtedness so assigned, may be transferred with such
indebtedness. This Guaranty shall be binding upon the Subsidiary Guarantor and its successors and permitted assigns. 
  
 SECTION 15. Changes in Writing; Amendment. Neither this Guaranty nor any provision hereof may be changed, waived, discharged or terminated orally,
but only in writing signed by the Subsidiary Guarantor and the Agent with the consent of the Required Lenders. 
  
 SECTION 16. GOVERNING LAW; SUBMISSION TO JURISDICTION; WAIVER OF JURY TRIAL. THIS GUARANTY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAW OF THE STATE OF INDIANA. THE SUBSIDIARY GUARANTOR HEREBY SUBMITS TO THE NONEXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF INDIANA AND OF ANY INDIANA STATE COURT SITTING IN INDIANAPOLIS, INDIANA FOR
PURPOSES OF ALL LEGAL PROCEEDINGS ARISING OUT OF OR RELATING TO THIS GUARANTY (INCLUDING, WITHOUT LIMITATION, ANY OF THE OTHER LOAN DOCUMENTS) OR THE TRANSACTIONS CONTEMPLATED HEREBY. THE SUBSIDIARY GUARANTOR IRREVOCABLY WAIVES, TO THE FULLEST

  

 -7- 

 
EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY
CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. THE SUBSIDIARY GUARANTOR, AND THE AGENT AND THE LENDERS ACCEPTING THIS GUARANTY, HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY
LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS GUARANTY OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
  
 SECTION 17. Taxes, etc. All payments required to be made by the Subsidiary Guarantor hereunder shall be made without setoff or counterclaim and
free and clear of and without deduction for any and all Taxes, provided, however, that if the Subsidiary Guarantor is required by law to make such deduction, the Subsidiary Guarantor shall forthwith pay to the Agent or any Lender, as applicable,
such additional amount as results in the net amount received by the Agent or any Lender, as applicable, equaling the full amount which would have been received by the Agent or any Lender, as applicable, had no such deduction been made. 

 
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 -8- 

 IN WITNESS WHEREOF, the Subsidiary Guarantor has caused this Subsidiary Guaranty to be duly executed by
its authorized officer as of the day and year first above written. 
  

			
	SPIKE’S HOLDING, LLC
		
	By:	 	 /s/ LINDA DISHER

	Title:	 	President

  
 Address: 
  
 3308 North Mitthoeffer Road 
 Indianapolis, Indiana 46235 
 Attention: Steven J. Schneider 
 Facsimile: 317-895-2884 
  

 -9-

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