Document:

Registration Rights Agreement with respect to 9% Senior Notes Due 2014

 Exhibit 4.12 
 €275,000,000 9% Senior Notes due 2014 
 REGISTRATION RIGHTS AGREEMENT  
 by and among 
 Momentive Performance
Materials Inc. 
 the subsidiaries of Momentive Performance Materials Inc. parties hereto  
 and 
 J.P. Morgan Securities Ltd.

 GE Corporate Finance Bank SAS 
 UBS Limited 
 ABN AMRO Incorporated 
 Barclays Bank PLC 
 Mizuho International plc 
 Royal Bank of Canada Europe Limited 
 Dated as of December 4, 2006 

 REGISTRATION RIGHTS AGREEMENT 
 This Registration Rights Agreement (this “Agreement”) is made and entered into as of December 4, 2006, by and among Momentive
Performance Materials Inc., a Delaware corporation (the “Company”), the subsidiaries of the Company listed on Schedule A hereto (collectively, the “Guarantors”), J.P. Morgan Securities Inc., GE Capital Markets,
Inc., UBS Securities LLC, ABN AMRO Incorporated, Barclays Capital Inc., Mizuho International PLC and RBC Capital Markets Corporation (collectively, the “Initial Purchasers”), each of whom has agreed to purchase, pursuant to the
Purchase Agreement (as defined below), the €275,000,000 9% Senior Notes due 2014 (the “Initial Notes”) issued by the Company and fully and unconditionally guaranteed by the Guarantors (the “Guarantees”). The
Initial Notes and the Guarantees thereof are herein collectively referred to as the “Initial Securities”. 
 This Agreement
is made pursuant to the Purchase Agreement, dated November 29, 2006 (the “Purchase Agreement”), among the Company, the Guarantors and the Initial Purchasers (i) for the benefit of the Initial Purchasers and (ii) for
the benefit of the holders from time to time of the Initial Securities, including the Initial Purchasers. In order to induce the Initial Purchasers to purchase the Initial Securities, the Company and the Guarantors have agreed to provide the
registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the obligations of the Initial Purchasers set forth in Section 6(i) of the Purchase Agreement. 
 The parties hereby agree as follows: 
 SECTION 1. Definitions. As used in this Agreement, the following capitalized terms shall have the following meanings: 
 Additional Interest: Any additional interest payable with respect to the Initial Securities due to an increase in interest rate pursuant to Section 5 hereof. 
 Additional Interest Payment Date: With respect to the Initial Securities, each Interest Payment Date. 
 Advice: As defined in Section 6 hereof. 
 Agreement: As defined in the preamble hereto. 
 Broker-Dealer: Any broker or dealer registered under the Exchange
Act. 
 Business Day: Any day other than a Saturday, Sunday or U.S. federal holiday or a day on which banking institutions or trust
companies located in New York, New York are authorized or obligated to be closed. 
 Closing Date: The date of this Agreement.

 Commission: The Securities and Exchange Commission. 
 Company: As defined in the preamble hereto. 

 Consummate: A registered Exchange Offer shall be deemed “Consummated” for purposes of
this Agreement upon the occurrence of (i) the filing and effectiveness under the Securities Act of the Exchange Offer Registration Statement relating to the Exchange Securities to be issued in the Exchange Offer, (ii) the maintenance of
such Registration Statement continuously effective and the keeping of the Exchange Offer open for a period not less than the minimum period required pursuant to Section 3(b) hereof, and (iii) the delivery by the Company to the registrar
under the Indenture of Exchange Securities in the same aggregate principal amount as the aggregate principal amount of Initial Securities that were tendered by Holders thereof pursuant to the Exchange Offer. 
 Delay Period: As defined in Section 6 hereof. 
 Effectiveness Target Date: As defined in Section 5 hereof. 
 Exchange Act: The Securities
Exchange Act of 1934, as amended. 
 Exchange Offer: The registration by the Company under the Securities Act of the Exchange
Securities pursuant to a Registration Statement pursuant to which the Company offers the Holders of all outstanding Transfer Restricted Securities the opportunity to exchange all such outstanding Transfer Restricted Securities held by such Holders
for Exchange Securities in an aggregate principal amount equal to the aggregate principal amount of the Transfer Restricted Securities tendered in such exchange offer by such Holders. 
 Exchange Offer Registration Statement: The Registration Statement relating to the Exchange Offer, including the related Prospectus. 
 Exchange Securities: The 9% Senior Notes due 2014 of the same series under the Indenture as the Initial Notes and the Guarantees thereof, to be
issued to Holders in exchange for Transfer Restricted Securities pursuant to this Agreement. 
 Free Writing Prospectus: Any
free writing prospectus, as such term is defined in Rule 405 under the Securities Act, relating to any portion of the Securities. 
 Guarantees: As defined in the preamble hereto. 
 Guarantors: As defined in the preamble hereto. 
 Holders: As defined in Section 2(b) hereof. 
 Indemnified Holder: As defined in Section 8(a) hereof. 
 Indenture: The Indenture dated
as of December 4, 2006, by and among the Company, the Guarantors and Wells Fargo Bank, National Association, as trustee (the “Trustee”), pursuant to which the Initial Securities and the Exchange Securities are to be issued, as
such Indenture is amended or supplemented from time to time in accordance with the terms thereof. 
 Initial Notes: As defined in the
preamble hereto. 
  

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 Initial Placement: The issuance and sale by the Company of the Initial Securities to the Initial
Purchasers pursuant to the Purchase Agreement. 
 Initial Purchasers: As defined in the preamble hereto. 
 Initial Securities: As defined in the preamble hereto. 
 Interest Payment Date: As defined in the Indenture and the Initial Securities. 
 NASD: NASD
Inc. 
 Person: An individual, partnership, corporation, trust or unincorporated organization, or a government or agency or political
subdivision thereof. 
 Prospectus: The prospectus included in a Registration Statement, as amended or supplemented by any prospectus
supplement and by all other amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus. 
 Purchase Agreement: As defined in the preamble hereto. 
 Registration Default: As defined in
Section 5 hereof. 
 Registration Statement: Any registration statement of the Company relating to (a) an offering of
Exchange Securities pursuant to an Exchange Offer or (b) the registration for resale of Transfer Restricted Securities pursuant to the Shelf Registration Statement, which is filed pursuant to the provisions of this Agreement, in each case,
including the Prospectus included therein, all amendments and supplements thereto (including post-effective amendments) and all exhibits and material incorporated by reference therein. 
 Securities: The Exchange Securities and/or any Initial Securities registered pursuant to a Shelf Registration Statement. 
 Securities Act: The Securities Act of 1933, as amended. 
 Shelf Filing Deadline: As defined in Section 4(a) hereof. 
 Shelf Registration Statement:
As defined in Section 4(a) hereof. 
 Transfer Restricted Securities: Each Initial Security, until the earliest to occur of
(a) the date on which such Initial Security is exchanged in the Exchange Offer for an Exchange Security entitled to be resold to the public by the Holder thereof without complying with the prospectus delivery requirements of the Securities Act,
(b) the date on which such Initial Security has been effectively registered under the Securities Act and disposed of in accordance with a Shelf Registration Statement and (c) the date on which such Initial Security is distributed to the
public pursuant to Rule 144 under the Securities Act or by a Broker-Dealer pursuant to the “Plan of Distribution” contemplated by the Exchange Offer Registration Statement (including delivery of the Prospectus contained therein).

  

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 Trust Indenture Act: The Trust Indenture Act of 1939, as amended. 
 Trustee: As defined in the definition of Indenture above. 
 Underwritten Registration or Underwritten Offering: A registration in which securities of the Company are sold to an underwriter for reoffering to the public. 
 SECTION 2. Securities Subject to this Agreement. 
 (a) Transfer Restricted Securities. The securities entitled to the benefits of this Agreement are the Transfer Restricted Securities. 
 (b) Holders of Transfer Restricted Securities. A Person is deemed to be a holder of Transfer Restricted Securities (each, a
“Holder”) whenever such Person owns Transfer Restricted Securities. 
 SECTION 3. Registered
Exchange Offer.  
 (a) Unless the Exchange Offer shall not be permissible under applicable law or Commission policy (after the procedures
set forth in Section 6(a) hereof have been complied with), each of the Company and the Guarantors shall (i) use its commercially reasonable efforts to cause a Registration Statement filed under the Securities Act relating to the Exchange
Securities and the Exchange Offer to become effective as promptly as possible (unless it becomes effective automatically upon filing), but in no event later than 365 days after the Closing Date (or if such 365th day is not a Business Day, the next
succeeding Business Day) and (ii) in connection with the foregoing, (A) file all pre-effective amendments to such Registration Statement as may be necessary in order to cause such Registration Statement to become effective, (B) file,
if applicable, a post-effective amendment to such Registration Statement pursuant to Rule 430A under the Securities Act and (C) cause all necessary filings in connection with the registration and qualification of the Exchange Securities to be
made under the state securities or blue sky laws of such jurisdictions as are necessary to permit Consummation of the Exchange Offer, and (iv) upon the effectiveness of such Registration Statement, commence the Exchange Offer. The Exchange
Offer shall be on the appropriate form permitting registration of the Exchange Securities to be offered in exchange for the Transfer Restricted Securities and to permit resales of Initial Securities held by Broker-Dealers as contemplated by
Section 3(c) hereof. 
 (b) The Company and the Guarantors shall cause the Exchange Offer Registration Statement to be effective
continuously and shall keep the Exchange Offer open for a period of not less than the minimum period required under applicable federal and state securities laws to Consummate the Exchange Offer; provided, however, that in no event shall such
period be less than 30 days after the date notice of the Exchange Offer is mailed to the Holders. The Company shall cause the Exchange Offer to comply with all applicable federal and state securities laws. No securities other than the Exchange
Securities shall be included in the Exchange Offer Registration Statement. The Company shall use its commercially reasonable efforts to cause the Exchange Offer to be Consummated on the earliest practicable date after the Exchange Offer Registration
Statement has become effective, but in no event later than 30 days after the date 

  

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notice of the Exchange Offer is required to be mailed to the Holders (or if such 30th day is not a Business Day, the next succeeding Business Day).

 (c) The Company shall indicate in a “Plan of Distribution” section contained in the Prospectus forming a part of the Exchange
Offer Registration Statement that any Broker-Dealer who holds Initial Securities that are Transfer Restricted Securities and that were acquired for its own account as a result of market-making activities or other trading activities (other than
Transfer Restricted Securities acquired directly from the Company) may exchange such Initial Securities pursuant to the Exchange Offer; however, such Broker-Dealer may be deemed to be an “underwriter” within the meaning of the Securities
Act and must, therefore, deliver a prospectus meeting the requirements of the Securities Act in connection with any resales of the Exchange Securities received by such Broker-Dealer in the Exchange Offer, which prospectus delivery requirement may be
satisfied by the delivery by such Broker-Dealer of the Prospectus contained in the Exchange Offer Registration Statement. Such “Plan of Distribution” section shall also contain all other information with respect to such resales by
Broker-Dealers that the Commission may require in order to permit such resales pursuant thereto, but such “Plan of Distribution” shall not name any such Broker-Dealer or disclose the amount of Initial Securities held by any such
Broker-Dealer except to the extent required by the Commission. 
 Each of the Company and the Guarantors shall use its commercially
reasonable efforts to keep the Exchange Offer Registration Statement continuously effective, supplemented and amended as required by the provisions of Section 6(c) hereof to the extent necessary to ensure that it is available for resales of
Initial Securities acquired by Broker-Dealers for their own accounts as a result of market-making activities or other trading activities, and to ensure that it conforms with the requirements of this Agreement, the Securities Act and the policies,
rules and regulations of the Commission as announced from time to time, for a period ending on the earlier of (i) 180 days from the date on which the Exchange Offer Registration Statement is declared effective and (ii) the date on which a
Broker-Dealer is no longer required to deliver a prospectus in connection with market-making or other trading activities. 
 The Company
shall provide sufficient copies of the latest version of such Prospectus to Broker-Dealers promptly upon request at any time during such 180-day (or shorter as provided in the foregoing sentence) period in order to facilitate such resales.

 SECTION 4. Shelf Registration.  
 (a) Shelf Registration. If (i) the Company is not required to file an Exchange Offer Registration Statement or to consummate the Exchange
Offer because the Exchange Offer is not permitted by applicable law or Commission policy (after the procedures set forth in Section 6(a) hereof have been complied with), (ii) for any reason the Exchange Offer is not Consummated within 30
days after the date notice of the Exchange Offer is required to be mailed to the Holders (or if such 30th day is not a Business Day, the next succeeding Business Day), or (iii) with respect to any Holder of Transfer Restricted Securities
(A) such Holder is prohibited by applicable law or Commission policy from participating in the Exchange Offer, or (B) such Holder may not resell the Exchange Securities acquired by it in the Exchange Offer to the public without delivering
a prospectus (other than by reason of such Holder’s status as an affiliate of the Company) and the Prospectus contained in the Exchange Offer Registration Statement is not 

  

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appropriate or available for such resales by such Holder, or (C) such Holder is a Broker-Dealer and holds Initial Securities acquired directly from the
Company or one of its affiliates, then, upon such Holder’s request prior to the 20th day following consummation of the Exchange Offer, the Company and
the Guarantors shall: 
 (x) cause to be filed a shelf registration statement pursuant to Rule 415 under the Securities
Act, which may be an amendment to the Exchange Offer Registration Statement (in either event, the “Shelf Registration Statement”) as soon as practicable but in any event on or prior to 180 days after such filing obligation arises
(or if such 180th day is not a Business Day, the next succeeding Business Day) (such date being the “Shelf Filing Deadline”), which Shelf Registration Statement shall provide for resales of all Transfer Restricted Securities the
Holders of which shall have provided the information required pursuant to Section 4(b) hereof; and 
 (y) use their
commercially reasonable efforts to cause such Shelf Registration Statement to be declared effective by the Commission as promptly as possible (unless it becomes effective automatically upon filing), and in any event on or before the 365th day after
the obligation to file such Shelf Registration Statement arises (or if such 365th day is not a Business Day, the next succeeding Business Day). 
 Each of the Company and the Guarantors shall use its commercially reasonable efforts to keep such Shelf Registration Statement continuously effective, supplemented and amended as required by the provisions of Sections 6(b) and
(c) hereof to the extent necessary to ensure that it is available for resales of Initial Securities by the Holders of Transfer Restricted Securities entitled to the benefit of this Section 4(a), and to ensure that it conforms with the
requirements of this Agreement, the Securities Act and the policies, rules and regulations of the Commission as announced from time to time, for a period of at least two years following the effective date of such Shelf Registration Statement (or
shorter period that will terminate when all the Initial Securities covered by such Shelf Registration Statement have been sold pursuant to such Shelf Registration Statement). During the period during which the Company is required to maintain an
effective Shelf Registration Statement pursuant to this Agreement, the Company will, prior to the expiration of that Shelf Registration Statement, file, and use its commercially reasonable efforts to cause to be declared effective (unless it becomes
effective automatically upon filing) within a period that avoids any interruption in the ability of Holders of Securities covered by the expiring Shelf Registration Statement to make registered dispositions, a new registration statement relating to
the Securities, which shall be deemed the “Shelf Registration Statement” for purposes of this Agreement. 
 (b) Provision by
Holders of Certain Information in Connection with the Shelf Registration Statement. No Holder of Transfer Restricted Securities may include any of its Transfer Restricted Securities in any Shelf Registration Statement pursuant to this Agreement
unless and until such Holder furnishes to the Company in writing, within 20 Business Days after receipt of a request therefor, such information as the Company may reasonably request for use in connection with any Shelf Registration Statement or
Prospectus or preliminary Prospectus included therein or amendment or supplement thereto or Free Writing Prospectus. Each Holder as to which any Shelf Registration Statement is being effected agrees to furnish promptly to the 

  

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Company all information required to be disclosed in order to make the information previously furnished to the Company by such Holder not materially
misleading. 
 SECTION 5. Additional Interest. If (i) any of the Registration Statements required by
this Agreement has not been declared effective by the Commission (or become automatically effective) on or prior to the date specified for such effectiveness in this Agreement (the “Effectiveness Target Date”), (ii) the
Exchange Offer has not been Consummated within 30 Business Days after the Effectiveness Target Date with respect to the Exchange Offer Registration Statement or (iii) any Registration Statement required by this Agreement is filed and declared
effective but shall thereafter cease to be effective or fail to be usable for its intended purpose without being succeeded immediately by a post-effective amendment to such Registration Statement that cures such failure and that is itself
immediately declared or automatically becomes effective (except in the case of a Registration Statement that ceases to be effective or usable as specifically permitted by the last paragraph of Section 6 hereof) (each such event referred to in
clauses (i) through (iii), a “Registration Default”), the Company hereby agrees that the interest rate borne by the Transfer Restricted Securities shall be increased by 0.25% per annum during the 90-day period immediately
following the occurrence of any Registration Default and shall increase by 0.25% per annum at the end of each subsequent 90-day period, but in no event shall such increase exceed 1.00% per annum. Following the earliest of (x) the cure
of all Registration Defaults relating to any particular Transfer Restricted Securities, (y) the date on which such Transfer Restricted Security ceases to be a Transfer Restricted Security or otherwise becomes freely transferable by Holders
other than affiliates of the Company without further registration under the Securities Act and (z) the date that is two years after the Closing Date, the interest rate borne by the relevant Transfer Restricted Securities will be reduced to the
original interest rate borne by such Transfer Restricted Securities; provided, however, that if, after any such reduction in interest rate, a different Registration Default occurs, the interest rate borne by the relevant Transfer Restricted
Securities shall again be increased pursuant to the foregoing provisions. 
 Notwithstanding the foregoing, (i) the amount of Additional
Interest payable shall not increase because more than one Registration Default has occurred and is pending and (ii) a Holder of Transfer Restricted Securities that is not entitled to the benefits of the Shelf Registration Statement (because,
e.g., such Holder has not elected to include information or has not timely delivered such information to the Company pursuant to Section 4(b) hereof) shall not be entitled to Additional Interest with respect to a Registration Default
that pertains to the Shelf Registration Statement. 
 All obligations of the Company and the Guarantors set forth in the first paragraph of
this Section 5 that are outstanding with respect to any Transfer Restricted Security at the time such security ceases to be a Transfer Restricted Security shall survive until such time as all such obligations with respect to such security shall
have been satisfied in full. 
 SECTION 6. Registration Procedures. 
 (a) Exchange Offer Registration Statement. In connection with the Exchange Offer, the Company and the Guarantors shall comply with all of the
provisions of Section 6(c) hereof, shall use their commercially reasonable efforts to effect such exchange to permit the sale of Transfer 

  

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Restricted Securities being sold in accordance with the intended method or methods of distribution thereof, and shall comply with all of the following
provisions: 
 (i) If in the reasonable opinion of counsel to the Company there is a question as to whether the Exchange Offer
is permitted by applicable law, each of the Company and the Guarantors hereby agrees to seek a favorable decision from the Commission allowing the Company and the Guarantors to Consummate an Exchange Offer for such Initial Securities. Each of the
Company and the Guarantors hereby agrees to pursue the issuance of such a decision to the Commission staff level but shall not be required to take commercially unreasonable action to effect a change of Commission policy. Each of the Company and the
Guarantors hereby agrees, however, to (A) participate in telephonic conferences with the Commission, (B) deliver to the Commission staff an analysis prepared by counsel to the Company setting forth the legal bases, if any, upon which such
counsel has concluded that such an Exchange Offer should be permitted and (C) diligently pursue a favorable resolution by the Commission staff of such submission. 
 (ii) As a condition to its participation in the Exchange Offer pursuant to the terms of this Agreement, each Holder of Transfer Restricted
Securities shall furnish, upon the request of the Company, prior to the Consummation thereof, a written representation to the Company (which may be contained in the letter of transmittal contemplated by the Exchange Offer Registration Statement) to
the effect that (A) it is not an affiliate of the Company, (B) it is not engaged in, and does not intend to engage in, and has no arrangement or understanding with any Person to participate in, a distribution of the Exchange Securities to
be issued in the Exchange Offer and (C) it is acquiring the Exchange Securities in its ordinary course of business. In addition, all such Holders of Transfer Restricted Securities shall otherwise cooperate in the Company’s preparations for
the Exchange Offer. Each Holder hereby acknowledges and agrees that any Broker-Dealer and any such Holder using the Exchange Offer to participate in a distribution of the securities to be acquired in the Exchange Offer (1) could not under
Commission policy as in effect on the date of this Agreement rely on the position of the Commission enunciated in Morgan Stanley and Co., Inc. (available June 5, 1991) and Exxon Capital Holdings Corporation (available May 13,
1988), as interpreted in the Commission’s letter to Shearman & Sterling dated July 2, 1993, and similar no-action letters (which may include any no-action letter obtained pursuant to clause (i) above), and (2) must
comply with the registration and prospectus delivery requirements of the Securities Act in connection with a secondary resale transaction and that such a secondary resale transaction should be covered by an effective registration statement
containing the selling security holder information required by Item 507 or 508, as applicable, of Regulation S-K if the resales are of Exchange Securities obtained by such Holder in exchange for Initial Securities acquired by such Holder
directly from the Company. 
 (b) Shelf Registration Statement. In connection with the Shelf Registration Statement, each of the
Company and the Guarantors shall comply with all the provisions of Section 6(c) hereof and shall use its commercially reasonable efforts to effect such registration (unless automatically declared effective) to permit the sale of the Transfer
Restricted Securities being sold in accordance with the intended method or methods of distribution thereof, and pursuant thereto each of the Company and the Guarantors will as expeditiously as is commercially 

  

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reasonable prepare and file with the Commission a Registration Statement relating to the registration on any appropriate form under the Securities Act, which
form shall be available for the sale of the Transfer Restricted Securities in accordance with the intended method or methods of distribution thereof. 
 (c) General Provisions. In connection with any Registration Statement and any Prospectus required by this Agreement to permit the sale or resale of Transfer Restricted Securities and any Free Writing Prospectus
(including, without limitation, any Registration Statement and the related Prospectus required to permit resales of Initial Securities by Broker-Dealers and any Free Writing Prospectus related thereto), each of the Company and the Guarantors shall:

 (i) use its commercially reasonable efforts to keep such Registration Statement continuously effective during the period
required by this Agreement and provide all requisite financial statements (including, if required by the Securities Act or any regulation thereunder, financial statements of the Guarantors for the period specified in Section 3 or 4 hereof, as
applicable); upon the occurrence of any event that would cause any such Registration Statement or the Prospectus contained therein (A) to contain a material misstatement or omission or (B) not to be effective and usable for resale of
Transfer Restricted Securities during the period required by this Agreement, the Company shall file promptly an appropriate amendment to such Registration Statement, in the case of clause (A), correcting any such misstatement or omission, and, in
the case of either clause (A) or (B), use its commercially reasonable efforts to cause such amendment to be declared effective (unless automatically declared effective) and such Registration Statement and the related Prospectus to become usable
for their intended purpose(s) as soon as practicable thereafter; 
 (ii) prepare and file with the Commission such amendments
and post-effective amendments to the applicable Registration Statement as may be necessary to keep the Registration Statement effective for the applicable period set forth in Section 3 or 4 hereof, as applicable, or such shorter period as will
terminate when all Transfer Restricted Securities covered by such Registration Statement have been sold; cause the Prospectus to be supplemented by any required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the
Securities Act, and to comply fully with the applicable provisions of Rules 424 and 430A under the Securities Act in a timely manner; and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by
such Registration Statement during the applicable period in accordance with the intended method or methods of distribution by the sellers thereof set forth in such Registration Statement or supplement to the Prospectus; 
 (iii) advise the underwriter(s), if any, and selling Holders promptly and, if requested by such Persons, to confirm such advice in
writing, (A) when the Prospectus, any Prospectus supplement, any post-effective amendment or any Free Writing Prospectus has been filed, and, with respect to any Registration Statement or any post-effective amendment thereto, when the same has
become effective, (B) of any request by the Commission for amendments to the Registration Statement or amendments or supplements to the Prospectus or for additional information relating thereto, (C) of the 

  

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issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement under the Securities Act, of the suspension by any
state securities commission of the qualification of the Transfer Restricted Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any of the preceding purposes, of the issuance by the Commission of a
notification of objection to the use of the form on which the Registration Statement has been filed, or of the happening of any event that causes the Company to become an “ineligible issuer,” as defined in Commission Rule 405 and
(D) of the existence of any fact or the happening of any event that makes any statement of a material fact made in the Registration Statement, the Prospectus, any amendment or supplement thereto or any document incorporated by reference therein
untrue, or that requires the making of any additions to or changes in the Registration Statement or the Prospectus in order to make the statements therein not misleading. If at any time the Commission shall issue any stop order suspending the
effectiveness of the Registration Statement or a notification of objection to the use of the form on which the Registration Statement has been filed or if any state securities commission or other regulatory authority shall issue an order suspending
the qualification or exemption from qualification of the Transfer Restricted Securities under state securities or blue sky laws, each of the Company and the Guarantors shall use its commercially reasonable efforts to obtain the withdrawal or lifting
of such order at the earliest practicable time; 
 (iv) (A) furnish without charge to each of the Initial Purchasers,
each selling Holder named in any Registration Statement that has requested such copies, if any, and each of the underwriter(s), if any, before filing with the Commission, copies of any Registration Statement or any Prospectus included therein or any
amendments or supplements to any such Registration Statement or Prospectus (including all documents incorporated by reference after the initial filing of such Registration Statement), which documents will be subject to the review and comment of such
requesting Holders and underwriter(s) in connection with such sale, if any, for a period of at least five Business Days, and the Company will not file any such Registration Statement or Prospectus or any amendment or supplement to any such
Registration Statement or Prospectus (including all such documents incorporated by reference) to which an Initial Purchaser of Transfer Restricted Securities covered by such Registration Statement or the underwriter(s), if any, shall reasonably
object in writing within five Business Days after the receipt thereof (such objection to be deemed timely made upon confirmation of telecopy transmission within such period). The objection of an Initial Purchaser or underwriter, if any, shall be
deemed to be reasonable if such Registration Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains a material misstatement or omission; 
 (B) furnish without charge to each of the Initial Purchasers before filing with the Commission, a copy of any Free Writing Prospectus,
which will be subject to the consent of the Initial Purchasers, and the Company will not file any such Free Writing Prospectus to which the Initial Purchasers of Transfer Restricted Securities covered by such Registration Statement have not
consented (such consent not to be unreasonably withheld, conditioned or delayed); 
  

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 (v) promptly prior to the filing of any document that is to be incorporated by reference
into a Registration Statement or Prospectus, provide copies of such document to the Initial Purchasers, each selling Holder named in any Registration Statement that has requested such documents, if any, and to the underwriter(s), if any, make the
Company’s and the Guarantors’ representatives available for discussion of such document and other customary due diligence matters, subject to customary confidentiality agreements, and include such information in such document prior to the
filing thereof as such selling Holders or underwriter(s), if any, reasonably may request; 
 (vi) make available, subject to
customary confidentiality agreements, at reasonable times for inspection by the Initial Purchasers, the managing underwriter(s), if any, participating in any disposition pursuant to such Registration Statement and any attorney or accountant retained
by such Initial Purchasers or any of the underwriter(s), all financial and other records, pertinent corporate documents and properties of each of the Company and the Guarantors, and cause the Company’s and the Guarantors’ officers,
directors and employees to supply all information, in each case as shall be reasonably necessary to enable any such Holder, underwriter, attorney or accountant to exercise any applicable responsibilities in connection with such Registration
Statement or any post-effective amendment thereto subsequent to the filing thereof and prior to its effectiveness and to participate in meetings with investors to the extent reasonably requested by the managing underwriter(s), if any; 
 (vii) if requested by any selling Holders or the underwriter(s), if any, promptly incorporate in any Registration Statement or Prospectus,
pursuant to a supplement or post-effective amendment if necessary, such information as such selling Holders and underwriter(s), if any, may reasonably request to have included therein, including, without limitation, information relating to the
“Plan of Distribution” of the Transfer Restricted Securities, information with respect to the principal amount of Transfer Restricted Securities being sold to such underwriter(s), the purchase price being paid therefor and any other terms
of the offering of the Transfer Restricted Securities to be sold in such offering; and make all required filings of such Prospectus supplement or post-effective amendment as soon as practicable after the Company is notified of the matters to be
incorporated in such Prospectus supplement or post-effective amendment; 
 (viii) cause the Transfer Restricted Securities
covered by the Registration Statement to be rated with the appropriate rating agencies, if so requested by the Holders of a majority in aggregate principal amount of Securities covered thereby or the underwriter(s), if any; 
 (ix) furnish to each Initial Purchaser, each selling Holder and each of the underwriter(s), if any, without charge, at least one copy of
the Registration Statement, as first filed with the Commission, and of each amendment thereto, including financial statements and schedules, all documents incorporated by reference therein and all exhibits (including exhibits incorporated therein by
reference); 
 (x) deliver to each selling Holder and each of the underwriter(s), if any, without charge, as many copies of
the Prospectus (including each preliminary prospectus) and 

  

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any amendment or supplement thereto as such Persons reasonably may request; each of the Company and the Guarantors hereby consents to the use of the
Prospectus and any amendment or supplement thereto by each of the selling Holders and each of the underwriter(s), if any, in connection with the offering and the sale of the Transfer Restricted Securities covered by the Prospectus or any amendment
or supplement thereto; 
 (xi) enter into such agreements (including an underwriting agreement), and make such representations
and warranties, and take all such other commercially reasonable actions in connection therewith in order to expedite or facilitate the disposition of the Transfer Restricted Securities pursuant to any Registration Statement contemplated by this
Agreement, all to such extent as may be reasonably requested by any Initial Purchaser or by any Holder of Transfer Restricted Securities or underwriter in connection with any sale or resale pursuant to any Registration Statement contemplated by this
Agreement; and whether or not an underwriting agreement is entered into and whether or not the registration is an Underwritten Registration, each of the Company and the Guarantors shall: 
 (A) furnish to each Initial Purchaser, each selling Holder and each underwriter, if any, in such substance and scope as they may
reasonably request and as are customarily made by issuers to underwriters in primary underwritten offerings, upon the date of the effectiveness of the Shelf Registration Statement: 
 (1) a certificate, dated the date of effectiveness of the Shelf Registration Statement, as the case may be, signed by (y) the
President or any Vice President and (z) a principal financial or accounting officer of each of the Company and the Guarantors, confirming, as of the date thereof, the matters set forth in Section 6(g) of the Purchase Agreement and such
other matters as such parties may reasonably request; 
 (2) if requested by a majority of selling Holders, an opinion, dated
the date of effectiveness of the Shelf Registration Statement, as the case may be, of counsel for the Company and the Guarantors, covering the matters set forth in the opinion delivered pursuant to Section 6(c) of the Purchase Agreement and
such other matters customarily covered in opinions requested in similar offerings, and in any event including a statement to the effect that such counsel has participated in conferences with officers and other representatives of the Company and the
Guarantors, representatives of the independent public accountants for the Company and the Guarantors, representatives of the underwriter(s), if any, and counsel to the underwriter(s), if any, in connection with the preparation of such Registration
Statement and the related Prospectus and have considered the matters required to be stated therein and the statements contained therein, although such counsel has not independently verified the accuracy, completeness or fairness of such statements;
and that such counsel advises that, on the basis of the foregoing, no facts came to such counsel’s attention that caused such counsel to believe that the applicable Registration Statement, (A) at the date of the opinion and at the 

  

 12 

 
time such Registration Statement or any post-effective amendment thereto became effective, (B) at the applicable time identified by such Holders or
managing underwriters, and (C) in the case of the Exchange Offer Registration Statement, as of the date of Consummation of the Exchange Offer, in the case of (A), (B) and (C) contained an untrue statement of a material fact or omitted
to state a material fact required to be stated therein or necessary to make the statements therein not misleading, or that the Prospectus contained in such Registration Statement as of its date and, in the case of the opinion dated the date of such
Consummation of the Exchange Offer, as of the date of Consummation, contained an untrue statement of a material fact or omitted to state a material fact necessary in order to make the statements therein not misleading. Without limiting the
foregoing, such counsel may state further that such counsel assumes no responsibility for, and has not independently verified, the accuracy, completeness or fairness of the financial statements, notes and schedules and other financial data included
in any Registration Statement contemplated by this Agreement or the related Prospectus, and such opinion may be further subject to assumptions and qualifications substantially similar to those set forth in the opinion delivered pursuant to Section

 6(c) of the Purchase Agreement; and 
 (3) a customary comfort letter, dated the date of effectiveness of the Shelf Registration Statement, from the Company’s independent accountants, in the customary form and covering matters of the type customarily
requested to be covered in comfort letters by underwriters in connection with primary underwritten offerings, and covering or affirming the matters set forth in the comfort letter delivered pursuant to Section 6(a) of the Purchase Agreement,
without exception; 
 (B) set forth in full or incorporate by reference in the underwriting agreement, if any, the
indemnification provisions and procedures of Section 8 hereof with respect to all parties to be indemnified pursuant to said Section; and 
 (C) deliver such other documents and certificates as may be reasonably requested by such parties to evidence compliance with Section 6(c)(xi)(A) hereof and with any customary conditions contained in the
underwriting agreement or other agreement entered into by the Company or any of the Guarantors pursuant to this Section 6(c)(xi), if any. 
 If at any time the representations and warranties of the Company and the Guarantors contemplated in 
Section 6(c)(xi)(A)(1) hereof cease to be true and correct, the Company or the Guarantors
shall so advise the Initial Purchasers and the underwriter(s), if any, and each selling Holder promptly and, if requested by such Persons, shall confirm such advice in writing; 
 (xii) prior to any public offering of Transfer Restricted Securities, cooperate with the selling Holders, the underwriter(s), if any, and
their respective counsel in connection 

  

 13 

 
with the registration and qualification of the Transfer Restricted Securities under the state securities or blue sky laws of such jurisdictions as the
selling Holders or underwriter(s), if any, may request and do any and all other acts or things necessary or advisable to enable the disposition in such jurisdictions of the Transfer Restricted Securities covered by the Shelf Registration Statement;
provided, however, that none of the Company or the Guarantors shall be required to register or qualify as a foreign corporation where it is not then so qualified or to take any action that would subject it to the service of process in suits
or to taxation, other than as to matters and transactions relating to the Registration Statement, in any jurisdiction where it is not then so subject; 
 (xiii) issue, upon the request of any Holder of Initial Securities covered by the Shelf Registration Statement, Exchange Securities having an aggregate principal amount equal to the aggregate principal amount of
Initial Securities surrendered to the Company by such Holder in exchange therefor or being sold by such Holder, such Exchange Securities to be registered in the name of such Holder or in the name of the purchaser(s) of such Securities, as the case
may be; in return, the Initial Securities held by such Holder shall be surrendered to the Company for cancellation; 
 (xiv)
subject to the terms of the Indenture, cooperate with the selling Holders and the underwriter(s), if any, to facilitate the timely preparation and delivery of certificates representing Transfer Restricted Securities to be sold and not bearing any
restrictive legends; and enable such Transfer Restricted Securities to be in such denominations and registered in such names as the Holders or the underwriter(s), if any, may request at least two Business Days prior to any sale of Transfer
Restricted Securities made by such Holders or underwriter(s); 
 (xv) use its commercially reasonable efforts to cause the
Transfer Restricted Securities covered by the Registration Statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to enable the seller or sellers thereof or the underwriter(s), if any, to
consummate the disposition of such Transfer Restricted Securities, subject to the proviso contained in Section 6(c)(xii) hereof; 
 (xvi) if any fact or event contemplated by Section 6(c)(iii)(D) hereof shall exist or have occurred, prepare a supplement or post-effective amendment to the Registration Statement or related Prospectus or any
document incorporated therein by reference or file any other required document so that, as thereafter delivered to the purchasers of Transfer Restricted Securities, the Prospectus will not contain an untrue statement of a material fact or omit to
state any material fact necessary in order to make the statements therein not misleading; 
 (xvii) provide a CUSIP number for
all Securities not later than the effective date of the Registration Statement covering such Securities and provide the Trustee under the applicable Indenture with printed certificates for such Securities which are in a form eligible for deposit
with the Depository Trust Company and take all other action necessary to ensure that all such Securities are eligible for deposit with the Depository Trust Company; 
  

 14 

 (xviii) cooperate and assist in any filings required to be made with the NASD and in the
performance of any due diligence investigation by any underwriter (including any “qualified independent underwriter”) that is required to be retained in accordance with the rules and regulations of the NASD; 
 (xix) otherwise use its commercially reasonable efforts to comply with all applicable rules and regulations of the Commission, and make
generally available to its security holders, as soon as practicable, a consolidated earning statement meeting the requirements of Rule 158 (which need not be audited) for the twelve-month period (A) commencing at the end of any fiscal quarter
in which Transfer Restricted Securities are sold to underwriters in a firm commitment or best efforts Underwritten Offering or (B) if not sold to underwriters in such an offering, beginning with the first month of the Company’s first
fiscal quarter commencing after the effective date of the Registration Statement; 
 (xx) cause the Indenture to be qualified
under the Trust Indenture Act not later than the effective date of the first Registration Statement required by this Agreement, and, in connection therewith, cooperate with the Trustee and the Holders of Securities to effect such changes to the
Indenture as may be required for such Indenture to be so qualified in accordance with the terms of the Trust Indenture Act; and to execute, and to use its commercially reasonable efforts to cause the Trustee to execute, all documents that may be
required to effect such changes and all other forms and documents required to be filed with the Commission to enable such Indenture to be so qualified in a timely manner; 
 (xxi) maintain the listing of all Securities covered by the Registration Statement on the Luxembourg Stock Exchange; and 
 (xxii) provide promptly to each Holder upon request each document filed with the Commission pursuant to the requirements of
Section 13 and Section 15 of the Exchange Act. 
 Each Holder agrees by acquisition of a Transfer Restricted Security that, upon
receipt of any notice from the Company of the existence of any fact of the kind described in Section 6(c)(iii)(D) hereof, such Holder will forthwith discontinue disposition of Transfer Restricted Securities pursuant to the applicable
Registration Statement until such Holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 6(c)(xvi) hereof, or until it is advised in writing (the “Advice”) by the Company that the
use of the Prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated by reference in the Prospectus. If so directed by the Company, each Holder will deliver to the Company (at the
Company’s expense) all copies, other than permanent file copies then in such Holder’s possession, of the Prospectus covering such Transfer Restricted Securities that was current at the time of receipt of such notice. In the event the
Company shall give any such notice, the time period regarding the effectiveness of such Registration Statement set forth in Section 3 or 4 hereof, as applicable, shall be extended by the number of days (a “Delay Period”) during
the period from and including the date of the giving of such notice pursuant to Section 6(c)(iii)(D) hereof to and including the date when each selling Holder covered by such 

  

 15 

 
Registration Statement shall have received the copies of the supplemented or amended Prospectus contemplated by Section 6(c)(xvi) hereof or shall have
received the Advice; provided that there shall not be more than 75 days of Delay Periods during any 12-month period; provided further, however, that (except as provided in Section 5(iv) hereof) no such extension shall be taken
into account in determining whether Additional Interest is due pursuant to Section 5 hereof or the amount of such Additional Interest, it being agreed that the Company’s option to suspend use of a Registration Statement pursuant to this
paragraph shall be treated as a Registration Default for purposes of Section 5 hereof. 
 SECTION 7. Registration
Expenses. 
 (a) All expenses incident to the Company’s and the Guarantors’ performance of or compliance with this Agreement
will be borne by the Company and the Guarantors, jointly and severally, regardless of whether a Registration Statement becomes effective, including, without limitation: (i) all registration and filing fees and expenses (including filings made
by any Initial Purchaser or Holder with the NASD (and, if applicable, the fees and expenses of any “qualified independent underwriter”, and one counsel to such person, that may be required by the rules and regulations of the NASD));
(ii) all fees and expenses of compliance with federal securities and state securities or blue sky laws (including the reasonable fees and disbursements of one counsel to the Holders of Transfer Restricted Securities); (iii) all expenses of
printing (including printing certificates for the Exchange Securities to be issued in the Exchange Offer and printing of Prospectuses), messenger and delivery services and telephone; (iv) all fees and disbursements of counsel for the Company,
the Guarantors and, subject to Section 7(b) hereof, one counsel to the Holders of Transfer Restricted Securities; (v) all application and filing fees in connection with listing the Exchange Securities on a securities exchange or automated
quotation system pursuant to the requirements thereof; and (vi) all fees and disbursements of independent certified public accountants of the Company and the Guarantors (including the expenses of any special audit and comfort letters required
by or incident to such performance). 
 Each of the Company and the Guarantors will, in any event, bear its internal expenses (including,
without limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expenses of any annual audit and the fees and expenses of any Person, including special experts, retained by the Company or the
Guarantors. 
 (b) In connection with any Registration Statement required by this Agreement (including, without limitation, the Exchange
Offer Registration Statement and the Shelf Registration Statement), the Company and the Guarantors, jointly and severally, will reimburse the Initial Purchasers and the Holders of Transfer Restricted Securities being tendered in the Exchange Offer
and/or resold pursuant to the “Plan of Distribution” contained in the Exchange Offer Registration Statement or registered pursuant to the Shelf Registration Statement, as applicable, for the reasonable fees and disbursements of not more
than one counsel, who shall be Cravath, Swaine & Moore LLP or such other counsel as may be chosen by the Holders of a majority in principal amount of the Transfer Restricted Securities for whose benefit such Registration Statement is being
prepared. 
  

 16 

 SECTION 8. Indemnification. 
 (a) The Company and the Guarantors, jointly and severally, agree to indemnify and hold harmless (i) each Holder and (ii) each Person, if any,
who controls (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) any Holder (any of the Persons referred to in this clause (ii) being hereinafter referred to as a “controlling
person”) and (iii) the respective officers, directors, partners, employees, representatives and agents of any Holder or any controlling person (any Person referred to in clause (i), (ii) or (iii) may hereinafter be referred
to as an “Indemnified Holder”), to the fullest extent lawful, from and against any and all losses, claims, damages, liabilities, judgments, actions and expenses (including, without limitation, and as incurred, reimbursement of all
reasonable costs of investigating, preparing, pursuing, settling, compromising, paying or defending any claim or action, or any investigation or proceeding by any governmental agency or body, commenced or threatened, including the reasonable fees
and expenses of counsel to any Indemnified Holder), joint or several, directly or indirectly caused by, related to, based upon, arising out of or in connection with any untrue statement or alleged untrue statement of a material fact contained in any
Registration Statement, Prospectus (or any amendment or supplement thereto) or Free Writing Prospectus, or any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein
not misleading, except insofar as such losses, claims, damages, liabilities or expenses are caused by an untrue statement or omission or alleged untrue statement or omission that is made in reliance upon and in conformity with information relating
to any of the Holders furnished in writing to the Company by any of the Holders expressly for use therein. This indemnity agreement shall be in addition to any liability that the Company or any of the Guarantors may otherwise have. 
 In case any action or proceeding (including any governmental or regulatory investigation or proceeding) shall be brought or asserted against any of the
Indemnified Holders with respect to which indemnity may be sought against the Company or the Guarantors, such Indemnified Holder shall promptly notify the Company and the Guarantors in writing; provided, however, that the failure to give such
notice shall not relieve any of the Company or the Guarantors of its obligations pursuant to this Agreement. Such Indemnified Holder shall have the right to employ its own counsel in any such action and the fees and expenses of such counsel shall be
paid, as incurred, by the Company and the Guarantors (regardless of whether it is ultimately determined that an Indemnified Holder is not entitled to indemnification hereunder). The Company and the Guarantors shall not, in connection with any one
such action or proceeding or separate but substantially similar or related actions or proceedings in the same jurisdiction arising out of the same general allegations or circumstances, be liable for the reasonable fees and expenses of more than one
separate firm of attorneys (in addition to any local counsel) at any time for such Indemnified Holders, which firm shall be designated by the Holders. The Company and the Guarantors shall be liable for any settlement of any such action or proceeding
effected with the Company’s and the Guarantors’ prior written consent, which consent shall not be withheld unreasonably, and each of the Company and the Guarantors agrees to indemnify and hold harmless any Indemnified Holder from and
against any loss, claim, damage, liability or expense by reason of any settlement of any action effected with the written consent of the Company and the Guarantors. The Company and the Guarantors shall not, without the prior written consent of each
Indemnified Holder, settle or compromise or consent to the entry of judgment in or otherwise seek to terminate any pending or threatened action, claim, litigation or proceeding in 

  

 17 

 
respect of which indemnification or contribution may be sought hereunder (whether or not any Indemnified Holder is a party thereto), unless such settlement,
compromise, consent or termination includes an unconditional release of each Indemnified Holder from all liability arising out of such action, claim, litigation or proceeding, and does not include any statement as to or any admission of fault,
culpability or a failure to act by or on behalf of any Indemnified Holder. 
 (b) Each Holder of Transfer Restricted Securities agrees,
severally and not jointly, to indemnify and hold harmless the Company, the Guarantors and their respective directors, officers of the Company and the Guarantors who sign a Registration Statement, and any Person controlling (within the meaning of
Section 15 of the Securities Act or Section 20 of the Exchange Act) the Company or any of the Guarantors, and the respective officers, directors, partners, employees, representatives and agents of each such Person, to the same extent as
the foregoing indemnity from the Company and the Guarantors to each of the Indemnified Holders, but only with respect to claims and actions based on information relating to such Holder furnished in writing by such Holder expressly for use in any
Registration Statement. In case any action or proceeding shall be brought against the Company, the Guarantors or their respective directors or officers or any such controlling person in respect of which indemnity may be sought against a Holder of
Transfer Restricted Securities, such Holder shall have the rights and duties given the Company and the Guarantors, and the Company, the Guarantors, their respective directors and officers and such controlling person shall have the rights and duties
given to each Holder by the preceding paragraph. 
 (c) If the indemnification provided for in this Section 8 is unavailable to an
indemnified party under Section 8(a) or (b) hereof (other than by reason of exceptions provided in those Sections) in respect of any losses, claims, damages, liabilities, judgments, actions or expenses referred to therein, then each
applicable indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or expenses in such proportion as is
appropriate to reflect the relative benefits received by the Company and the Guarantors, on the one hand, and the Holders, on the other hand, from the Initial Placement (which in the case of the Company and the Guarantors shall be deemed to be equal
to the total gross proceeds to the Company and the Guarantors from the Initial Placement), the amount of Additional Interest which did not become payable as a result of the filing of the Registration Statement resulting in such losses, claims,
damages, liabilities, judgments, actions or expenses, and such Registration Statement, or if such allocation is not permitted by applicable law, the relative fault of the Company and the Guarantors, on the one hand, and the Holders, on the other
hand, in connection with the statements or omissions which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative fault of the Company and the Guarantors, on the one
hand, and of the Indemnified Holder on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to
information supplied by the Company or any of the Guarantors, on the one hand, or the Indemnified Holders, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such
statement or omission. The amount paid or payable by a party as a result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to include, subject to the limitations set forth in the second paragraph of
Section 8(a) hereof, any legal or 

  

 18 

 
other fees or expenses reasonably incurred by such party in connection with investigating or defending any action or claim. 
 The Company, the Guarantors and each Holder of Transfer Restricted Securities agree that it would not be just and equitable if contribution pursuant to
this Section 8(c) were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in the
immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or expenses referred to in the immediately preceding paragraph shall be deemed to include, subject to the
limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, none of the Holders
(and its related Indemnified Holders) shall be required to contribute, in the aggregate, any amount in excess of the amount by which the total discount received by such Holder with respect to the Initial Securities exceeds the amount of any damages
which such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities
Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(c) are several in proportion to the respective principal
amount of Initial Securities held by each of the Holders hereunder and not joint. 
 SECTION 9. Rule 144A.
Each of the Company and the Guarantors hereby agrees with each Holder, for so long as any Transfer Restricted Securities remain outstanding, to make available to any Holder or beneficial owner of Transfer Restricted Securities in connection with any
sale thereof and any prospective purchaser of such Transfer Restricted Securities from such Holder or beneficial owner, the information required by Rule 144A(d)(4) under the Securities Act in order to permit resales of such Transfer Restricted
Securities pursuant to Rule 144A under the Securities Act. 
 SECTION 10. Participation in Underwritten
Registrations. No Holder may participate in any Underwritten Registration hereunder unless such Holder (a) agrees to sell such Holder’s Transfer Restricted Securities on the basis provided in any underwriting arrangements approved by
the Persons entitled hereunder to approve such arrangements and (b) completes and executes all reasonable questionnaires, powers of attorney, indemnities, underwriting agreements, lock-up letters and other documents required under the terms of
such underwriting arrangements. 
 SECTION 11. Selection of Underwriters. The Holders of Transfer
Restricted Securities covered by the Shelf Registration Statement who desire to do so may sell such Transfer Restricted Securities in an Underwritten Offering. In any such Underwritten Offering, the investment banker(s) and managing underwriter(s)
that will administer such offering will be selected by the Holders of a majority in aggregate principal amount of the Transfer Restricted Securities included in such offering; provided, however, that such investment banker(s) and managing
underwriter(s) must be reasonably satisfactory to the Company. 
  

 19 

 SECTION 12. Miscellaneous. 
 (a) Remedies. Each of the Company and the Guarantors hereby agrees that monetary damages would not be adequate compensation for any loss incurred
by reason of a breach by it of the provisions of this Agreement and hereby agree to waive the defense in any action for specific performance that a remedy at law would be adequate. 
 (b) No Inconsistent Agreements. Each of the Company and the Guarantors will not on or after the date of this Agreement enter into any agreement
with respect to its securities that conflicts with the provisions hereof. The rights granted to the Holders hereunder do not in any way conflict with the rights granted to the holders of the Company’s or any of the Guarantors’ securities
under any agreement in effect on the date hereof. 
 (c) Adjustments Affecting the Securities. The Company will not effect any change,
or permit any change to occur, in each case, with respect to the terms of the Securities that would materially and adversely affect the ability of the Holders to Consummate any Exchange Offer. 
 (d) Amendments and Waivers. The provisions of this Agreement may not be amended, modified or supplemented, and waivers or consents to or
departures from the provisions hereof may not be given unless the Company has (i) in the case of Section 5 hereof and this Section 12(d)(i), obtained the written consent of Holders of all outstanding Transfer Restricted Securities and
(ii) in the case of all other provisions hereof, obtained the written consent of Holders of a majority of the outstanding principal amount of Transfer Restricted Securities (excluding any Transfer Restricted Securities held by the Company or
its Affiliates). Notwithstanding the foregoing, a waiver or consent to departure from the provisions hereof that relates exclusively to the rights of Holders whose securities are being tendered pursuant to the Exchange Offer and that does not affect
directly or indirectly the rights of other Holders whose securities are not being tendered pursuant to such Exchange Offer may be given by the Holders of a majority of the outstanding principal amount of Transfer Restricted Securities being tendered
or registered; provided, however, that, with respect to any matter that directly or indirectly affects the rights of any Initial Purchaser hereunder, the Company shall obtain the written consent of each such Initial Purchaser with respect to
which such amendment, qualification, supplement, waiver, consent or departure is to be effective. 
 (e) Notices. All notices and
other communications provided for or permitted hereunder shall be made in writing by hand-delivery, first-class mail (registered or certified, return receipt requested), telex, telecopier, or air courier guaranteeing overnight delivery: 

(i) if to a Holder, at the address set forth on the records of the Registrar under the Indenture, with a copy to the Registrar under
the Indenture; and 
 (ii) if to the Company or the Guarantors: 
 c/o Apollo Management, L.P. 
 9 West 57th Street 
 New York, NY 10019 
 Attention: Stan Parker 
  

 20 

 With a copy to: 
 Wachtell, Lipton, Rosen & Katz 
 51 West 52nd Street 
 New York, New York 10019 
 Telecopier No: 212.403.2000 
 Attention: Andrew J. Nussbaum, Esq. 
 All such notices and communications shall be deemed to have been duly
given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when answered back, if telexed; when receipt acknowledged, if telecopied; and on the next Business Day,
if timely delivered to an air courier guaranteeing overnight delivery. 
 Copies of all such notices, demands or other communications shall
be concurrently delivered by the Person giving the same to the Trustee at the address specified in the Indenture. 
 (f) Successors and
Assigns. This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties, including, without limitation, and without the need for an express assignment, subsequent Holders of Transfer Restricted
Securities; provided, however, that this Agreement shall not inure to the benefit of or be binding upon a successor or assign of a Holder unless and to the extent such successor or assign acquired Transfer Restricted Securities from such
Holder. 
 (g) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate
counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 
 (h) Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
 (i) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE
CONFLICTS OF LAW RULES THEREOF. 
 (j) Severability. In the event that any one or more of the provisions contained herein, or the
application thereof in any circumstance, is held invalid, illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be affected or
impaired thereby. 
 (k) Entire Agreement. This Agreement is intended by the parties as a final expression of their agreement and
intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or undertakings, other than those set forth
or referred to herein with respect to the registration rights granted by the Company with respect to the Transfer Restricted Securities. This Agreement supersedes all prior agreements and understandings between the parties with respect to such
subject matter. 
  

 21 

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

  

					
	MOMENTIVE PERFORMANCE MATERIALS INC.
			
		 	By:	 	 /s/ Wayne Hewett

					
		 	 Name:
	 	Wayne Hewett
		 	 Title:
	 	President and Chief Executive Officer

					
	
	MOMENTIVE PERFORMANCE MATERIALS USA INC.
			
		 	 By:
	 	 /s/ Wayne Hewett

					
		 	 Name:
	 	Wayne Hewett
		 	 Title:
	 	President and Chief Executive Officer

					
	
	MOMENTIVE PERFORMANCE MATERIALS WORLDWIDE INC.
			
		 	 By:
	 	 /s/ Wayne Hewett

					
		 	 Name:
	 	Wayne Hewett
		 	 Title:
	 	President and Chief Executive Officer

					
	
	MOMENTIVE PERFORMANCE MATERIALS CHINA SPV INC.
			
		 	 By:
	 	 /s/ Wayne Hewett

					
		 	 Name:
	 	Wayne Hewett
		 	 Title:
	 	President and Chief Executive Officer

					
	
	MOMENTIVE PERFORMANCE MATERIALS SOUTH AMERICA CO.
			
		 	 By:
	 	 /s/ Wayne Hewett

					
		 	 Name:
	 	Wayne Hewett
		 	 Title:
	 	President and Chief Executive Officer

					
	
	GE SILICONES, LLC
			
		 	 By:
	 	 /s/ Wayne Hewett

					
		 	 Name:
	 	Wayne Hewett
		 	 Title:
	 	President and Chief Executive Officer

					
	GE QUARTZ, INC.
			
		 	 By:
	 	 /s/ Douglas Johns

					
		 	 Name:
	 	 Douglas Johns

		 	 Title:
	 	 General Counsel and Secretary

 The foregoing Registration Rights Agreement is hereby confirmed and accepted as of the date first above
written: 
 J.P. MORGAN SECURITIES LTD. 
 GE CORPORATE FINANCE
BANK SAS 
 UBS LIMITED 
 ABN AMRO INCORPORATED 
 BARCLAYS BANK PLC 
 MIZUHO INTERNATIONAL PLC 
 ROYAL BANK OF CANADA EUROPE LIMITED 
  

					
	 J.P. MORGAN SECURITIES LTD.,
 acting on
behalf of itself and as a
 Representative of the several Initial
 Purchasers,

			
		 	 By:
	 	 /s/ Brian Trombasi

					
		 	 Name:
	 	 Brian Trombasi

		 	 Title:
	 	 Authorized Signatory

 Schedule A 
 Guarantors 
 Momentive Performance Materials USA Inc. 
 Momentive Performance Materials Worldwide Inc. 
 Momentive Performance
Materials China SPV Inc. 
 Momentive Performance Materials South America Co. 
 GE Silicones, LLC 
 GE Quartz, Inc.$1,385,000,000 Credit Agreement

 Exhibit 10.1 
  

 $1,385,000,000 
 CREDIT AGREEMENT 
 dated as of December 4, 2006, 
 among 
 MOMENTIVE PERFORMANCE MATERIALS
HOLDINGS INC., 
 MOMENTIVE PERFORMANCE MATERIALS INC., 
 MOMENTIVE PERFORMANCE MATERIALS USA INC., 
 as U.S. Borrower, 
 and 
 BLITZ 06-103 GMBH, 
 as German Borrower, 
 THE LENDERS PARTY HERETO,

 JPMORGAN CHASE BANK, N.A., 
 as
Administrative Agent, 
 GENERAL ELECTRIC CAPITAL CORPORATION 
 and 
 UBS SECURITIES LLC, 
 as Co-Syndication Agents 
 J.P. MORGAN SECURITIES INC. 
 GE CAPITAL MARKETS, INC. 
 and 
 UBS SECURITIES LLC, 
 as Joint Lead Bookrunning
Managers 
 J.P. MORGAN SECURITIES INC. 
 GE CAPITAL MARKETS, INC. 
 and 
 UBS SECURITIES LLC, 
 as Co-Lead Arrangers 
  

 TABLE OF CONTENTS 
  

					
	ARTICLE I	  	
		
	Definitions	  	
			
	SECTION 1.01.	  	 Defined Terms
	  	2
	SECTION 1.02.	  	 Terms Generally
	  	60
	SECTION 1.03.	  	 Effectuation of Transactions
	  	60
	SECTION 1.04.	  	 Exchange Rates; Currency Equivalents
	  	60
		
	ARTICLE II	  	
		
	The Credits	  	
			
	SECTION 2.01.	  	 Commitments
	  	61
	SECTION 2.02.	  	 Loans and Borrowings
	  	62
	SECTION 2.03.	  	 Requests for Borrowings
	  	63
	SECTION 2.04.	  	 Swingline Loans
	  	64
	SECTION 2.05.	  	 Letters of Credit
	  	66
	SECTION 2.06.	  	 Funding of Borrowings
	  	74
	SECTION 2.07.	  	 Interest Elections
	  	75
	SECTION 2.08.	  	 Termination and Reduction of Commitments; Return of Credit-Linked Deposits
	  	76
	SECTION 2.09.	  	 Repayment of Loans; Evidence of Debt
	  	77
	SECTION 2.10.	  	 Repayment of Loans
	  	78
	SECTION 2.11.	  	 Prepayment of Loans
	  	81
	SECTION 2.12.	  	 Fees
	  	83
	SECTION 2.13.	  	 Interest
	  	85
	SECTION 2.14.	  	 Alternate Rate of Interest
	  	85
	SECTION 2.15.	  	 Increased Costs
	  	86
	SECTION 2.16.	  	 Break Funding Payments
	  	87
	SECTION 2.17.	  	 Taxes
	  	88
	SECTION 2.18.	  	 Payments Generally; Pro Rata Treatment; Sharing of Set-offs
	  	92
	SECTION 2.19.	  	 Mitigation Obligations; Replacement of Lenders
	  	94
	SECTION 2.20.	  	 [Reserved]
	  	95
	SECTION 2.21.	  	 Incremental Commitments
	  	95
	SECTION 2.22.	  	 Credit-Linked Deposit Account
	  	97
		
	ARTICLE III	  	
		
	Representations and Warranties	  	
			
	SECTION 3.01.	  	 Organization; Powers
	  	98
	SECTION 3.02.	  	 Authorization
	  	98
	SECTION 3.03.	  	 Enforceability
	  	99

  

 -i- 

					
	SECTION 3.04.	  	 Governmental Approvals
	  	99
	SECTION 3.05.	  	 Financial Statements
	  	99
	SECTION 3.06.	  	 No Material Adverse Effect
	  	100
	SECTION 3.07.	  	 Title to Properties; Possession Under Leases
	  	100
	SECTION 3.08.	  	 Subsidiaries
	  	101
	SECTION 3.09.	  	 Litigation; Compliance with Laws
	  	101
	SECTION 3.10.	  	 Federal Reserve Regulations
	  	102
	SECTION 3.11.	  	 Investment Company Act
	  	102
	SECTION 3.12.	  	 Use of Proceeds
	  	102
	SECTION 3.13.	  	 Tax Returns
	  	102
	SECTION 3.14.	  	 No Material Misstatements
	  	103
	SECTION 3.15.	  	 Employee Benefit Plans
	  	103
	SECTION 3.16.	  	 Environmental Matters
	  	104
	SECTION 3.17.	  	 Security Documents
	  	105
	SECTION 3.18.	  	 Location of Real Property and Leased Premises
	  	106
	SECTION 3.19.	  	 Solvency
	  	106
	SECTION 3.20.	  	 Labor Matters
	  	107
	SECTION 3.21.	  	 Insurance
	  	107
	SECTION 3.22.	  	 No Default
	  	107
	SECTION 3.23.	  	 Intellectual Property; Licenses, Etc.
	  	107
	SECTION 3.24.	  	 Senior Debt
	  	108
		
	ARTICLE IV	  	
		
	Conditions of Lending	  	
			
	SECTION 4.01.	  	 All Credit Events
	  	108
	SECTION 4.02.	  	 Effectiveness of Commitments
	  	109
		
	ARTICLE V	  	
		
	Affirmative Covenants	  	
			
	SECTION 5.01.	  	 Existence; Businesses and Properties
	  	112
	SECTION 5.02.	  	 Insurance
	  	113
	SECTION 5.03.	  	 Taxes
	  	114
	SECTION 5.04.	  	 Financial Statements, Reports, etc.
	  	114
	SECTION 5.05.	  	 Litigation and Other Notices
	  	117
	SECTION 5.06.	  	 Compliance with Laws
	  	118
	SECTION 5.07.	  	 Maintaining Records; Access to Properties and Inspections
	  	118
	SECTION 5.08.	  	 Use of Proceeds
	  	118
	SECTION 5.09.	  	 Compliance with Environmental Laws
	  	119
	SECTION 5.10.	  	 Further Assurances; Additional Security
	  	119
	SECTION 5.11.	  	 Rating
	  	121
	SECTION 5.12.	  	 Compliance with Material Contracts
	  	122
	SECTION 5.13.	  	 Post-Closing Matters
	  	122

  

 -ii- 

					
		
	ARTICLE VI	  	
		
	Negative Covenants	  	
			
	SECTION 6.01.	  	 Indebtedness
	  	124
	SECTION 6.02.	  	 Liens
	  	128
	SECTION 6.03.	  	 Sale and Lease-Back Transactions
	  	132
	SECTION 6.04.	  	 Investments, Loans and Advances
	  	132
	SECTION 6.05.	  	 Mergers, Amalgamations, Consolidations, Sales of Assets and Acquisitions
	  	136
	SECTION 6.06.	  	 Dividends and Distributions
	  	140
	SECTION 6.07.	  	 Transactions with Affiliates
	  	142
	SECTION 6.08.	  	 Business of Intermediate Holdings and the Subsidiaries
	  	145
	SECTION 6.09.	  	 Limitation on Modifications of Indebtedness; Modifications of Certificate of Incorporation, By-Laws and Certain Other Agreements;
etc.
	  	145
	SECTION 6.10.	  	 [Intentionally Omitted]
	  	148
	SECTION 6.11.	  	 Senior Secured Leverage Ratio
	  	148
	SECTION 6.12.	  	 [Intentionally Omitted]
	  	148
	SECTION 6.13.	  	 No Other “Designated Senior Debt”
	  	148
	SECTION 6.14.	  	 Fiscal Year; Accounting
	  	148
	SECTION 6.15.	  	 Qualified CFC Holding Companies
	  	149
		
	ARTICLE VIA	  	
		
	Holdings Negative Covenants	  	
			
	SECTION 6.01A.	  	 Holdings Negative Covenants
	  	124
		
	ARTICLE VII	  	
		
	Events of Default	  	
			
	SECTION 7.01.	  	 Events of Default
	  	149
	SECTION 7.02.	  	 Exclusion of Immaterial Subsidiaries
	  	153
	SECTION 7.03.	  	 Right to Cure
	  	153
		
	ARTICLE VIII	  	
		
	The Agents	  	
			
	SECTION 8.01.	  	 Appointment
	  	154
	SECTION 8.02.	  	 Delegation of Duties
	  	156
	SECTION 8.03.	  	 Exculpatory Provisions
	  	156
	SECTION 8.04.	  	 Reliance by Administrative Agent
	  	157
	SECTION 8.05.	  	 Notice of Default
	  	158

  

 -iii- 

					
	SECTION 8.06.	  	 Non-Reliance on Agents and Other Lenders
	  	158
	SECTION 8.07.	  	 Indemnification
	  	158
	SECTION 8.08.	  	 Agent in Its Individual Capacity
	  	159
	SECTION 8.09.	  	 Successor Administrative Agent
	  	159
	SECTION 8.10.	  	 Agents and Arrangers
	  	160
	SECTION 8.11.	  	 Certain Italian Matters
	  	160
	SECTION 8.12.	  	 Certain Canadian Matters
	  	160
	SECTION 8.13.	  	 Certain German Matters
	  	160
		
	ARTICLE IX	  	
		
	Miscellaneous	  	
			
	SECTION 9.01.	  	 Notices; Communications
	  	161
	SECTION 9.02.	  	 Survival of Agreement
	  	162
	SECTION 9.03.	  	 Binding Effect
	  	162
	SECTION 9.04.	  	 Successors and Assigns
	  	162
	SECTION 9.05.	  	 Expenses; Indemnity
	  	166
	SECTION 9.06.	  	 Right of Set-off
	  	168
	SECTION 9.07.	  	 Applicable Law
	  	169
	SECTION 9.08.	  	 Waivers; Amendment
	  	169
	SECTION 9.09.	  	 Interest Rate Limitation
	  	171
	SECTION 9.10.	  	 Entire Agreement
	  	171
	SECTION 9.11.	  	 WAIVER OF JURY TRIAL
	  	172
	SECTION 9.12.	  	 Severability
	  	172
	SECTION 9.13.	  	 Counterparts
	  	172
	SECTION 9.14.	  	 Headings
	  	172
	SECTION 9.15.	  	 Jurisdiction; Consent to Service of Process
	  	172
	SECTION 9.16.	  	 Confidentiality
	  	173
	SECTION 9.17.	  	 Platform; Borrower Materials
	  	174
	SECTION 9.18.	  	 Release of Liens and Guarantees
	  	175
	SECTION 9.19.	  	 Judgment Currency
	  	175
	SECTION 9.20.	  	 USA PATRIOT Act Notice
	  	176
	SECTION 9.21.	  	 General Electric Capital Corporation
	  	176
	SECTION 9.22.	  	 Power of Attorney
	  	176
		
	ARTICLE X	  	
		
	Collection Allocation Mechanism	  	
			
	SECTION 10.01.	  	 Implementation of CAM
	  	176
	SECTION 10.02.	  	 Letters of Credit
	  	177

  

 -iv- 

					
	Exhibits and Schedules	  	
			
	Exhibit A	  	 Form of Assignment and Acceptance
	  	
	Exhibit B	  	 Form of Solvency Certificate
	  	
	Exhibit C-1	  	 Form of Borrowing Request
	  	
	Exhibit C-2	  	 Form of Swingline Borrowing Request
	  	
	Exhibit D	  	 Form of Mortgage
	  	
	Exhibit E	  	 Form of Guarantee Agreement
	  	
	Exhibit F	  	 Form of U.S. Collateral Agreement
	  	
	Exhibit G	  	 Form of First-Tier Foreign Subsidiary Pledge Agreement
	  	
			
	Schedule 1.01(a)	  	 Certain U.S. Subsidiaries
	  	
	Schedule 1.01(b)	  	 Mortgaged Property
	  	
	Schedule 1.01(c)	  	 Existing Letters of Credit
	  	
	Schedule 1.01(d)	  	 Subsidiary Loan Parties
	  	
	Schedule 1.01(e)	  	 Restructuring Transactions
	  	
	Schedule 1.01(f)	  	 Unrestricted Subsidiaries
	  	
	Schedule 1.01(g)	  	 Pledged Subsidiaries
	  	
	Schedule 2.01	  	 Commitments
	  	
	Schedule 2.17(e)(ii)	  	 Form of Bank Certification
	  	
	Schedule 3.01	  	 Organization and Good Standing
	  	
	Schedule 3.04	  	 Governmental Approvals
	  	
	Schedule 3.07(b)	  	 Leased Properties
	  	
	Schedule 3.07(c)	  	 Intellectual Property
	  	
	Schedule 3.08(a)	  	 Subsidiaries
	  	
	Schedule 3.08(b)	  	 Subscriptions
	  	
	Schedule 3.13	  	 Taxes
	  	
	Schedule 3.16	  	 Environmental Matters
	  	
	Schedule 3.21	  	 Insurance
	  	
	Schedule 4.02(b)	  	 Local Counsel
	  	
	Schedule 4.02(d)	  	 Post-Closing Interest Deliveries
	  	
	Schedule 6.01	  	 Indebtedness
	  	
	Schedule 6.02(a)	  	 Liens
	  	
	Schedule 6.04	  	 Investments
	  	
	Schedule 6.07	  	 Transactions with Affiliates
	  	
	Schedule 9.01	  	 Notice Information
	  	

  

 -v- 

 CREDIT AGREEMENT dated as of December 4, 2006 (this “Agreement”), among MOMENTIVE
PERFORMANCE MATERIALS HOLDINGS INC., a Delaware corporation (“Holdings”), MOMENTIVE PERFORMANCE MATERIALS INC., a Delaware corporation (“Intermediate Holdings”), MOMENTIVE PERFORMANCE MATERIALS USA INC., a Delaware
corporation (the “U.S. Borrower”), BLITZ 06-103 GMBH, a company organized under the laws of Germany (the “German Borrower”; the German Borrower and the U.S. Borrower each a “Borrower” and
collectively the “Borrowers”), the LENDERS party hereto from time to time, JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders, and GENERAL ELECTRIC CAPITAL CORPORATION and UBS SECURITIES LLC, as co-syndication agents
(in such capacities, the “Syndication Agents”). 
 WHEREAS Holdings, pursuant to the Stock and Asset Purchase Agreement
dated as of September 14, 2006 (the “Acquisition Agreement”), between Holdings and General Electric Company, intends, through designated affiliates, to acquire the Silicones and Quartz businesses (the “Silicones
Business” and the “Quartz Business”, respectively, and collectively the “Acquired Business”) of General Electric Company and certain of its subsidiaries (collectively, the “Seller”), on the
Closing Date for aggregate consideration consisting of (i) an amount in cash (the “Cash Consideration”) equal to $3,328,100,000, as adjusted as a result of the Closing Adjustment (as defined in the Acquisition Agreement), if
any, (ii) the issuance by Holdings to the Seller of the Acquiror Shares (as defined in the Acquisition Agreement), (iii) the issuance by Holdings to the Seller of a pay-in-kind note or notes in an aggregate stated principal amount of
$400,000,000 having terms set forth in Exhibit K to the Acquisition Agreement (such note or notes being collectively referred to as the “Holdings PIK Note”) and (iv) the issuance by Holdings to the Seller of warrants (the
“Holdings Warrants”) having the terms set forth in Exhibit L to the Acquisition Agreement (all of the foregoing, together with the payment of the Transaction Expenses (as defined below), being collectively referred to as the
“Acquisition”); 
 WHEREAS, Holdings, Intermediate Holdings and the Borrowers intend, on the Closing Date, to consummate the
other Closing Date Transactions contemplated herein; 
 WHEREAS the Borrowers desire to obtain from the Lenders (a) a term loan facility
in a Dollar Equivalent aggregate principal amount not in excess of $1,050,000,000, the proceeds of which will be used to finance a portion of the Acquisition, (b) a revolving credit facility in an aggregate principal amount not in excess of
$300,000,000, the proceeds of which will be used (i) to finance a portion of the Acquisition and (ii) for general corporate purposes and (c) a synthetic letter of credit facility in an aggregate principal amount not in excess of
$35,000,000; 
 NOW, THEREFORE, the Lenders are willing to extend such credit to the Borrowers on the terms and subject to the conditions set
forth herein. Accordingly, the parties hereto agree as follows: 

 ARTICLE I 
 Definitions 
 SECTION 1.01. Defined Terms. As used in this Agreement, the following terms
shall have the meanings specified below: 
 “ABR” shall mean, for any
day, a fluctuating rate per annum equal to the higher of (a) the Federal Funds Effective Rate plus  1/2 of
1% and (b) the rate of interest in effect for such day as announced from time to time by JPMCB as its “prime rate” at its principal office in New York, New York. Any change in such rate announced by JPMCB shall take effect at the
opening of business on the day specified in the announcement of such change. 
 “ABR Borrowing” shall mean a
Borrowing comprised of ABR Loans. 
 “ABR Loan” shall mean any ABR Revolving Loan or Swingline Loan to the
U.S. Borrower. 
 “ABR Revolving Facility Borrowing” shall mean a Borrowing comprised of ABR Revolving Loans.

 “ABR Revolving Loan” shall mean any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR
in accordance with the provisions of Article II. 
 “Accepting Lender” shall have the meaning assigned to such term in
Section 2.11(f). 
 “Acquired Business” shall have the meaning assigned to such term in the recitals hereto.

 “Acquisition” shall have the meaning assigned to such term in the recitals hereto. 
 “Acquisition Agreement” shall have the meaning assigned to such term in the recitals hereto. 
 “Acquisition Documents” shall mean the collective reference to the Acquisition Agreement, all material exhibits and schedules (and all
exhibits to such schedules) thereto and all agreements expressly contemplated thereby. 
 “Additional Mortgage” shall have
the meaning assigned to such term in Section 5.10(c). 
 “Adjusted LIBO Rate” shall mean, with respect to any
Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a)(i) for any Eurocurrency Borrowing denominated in euro, the EURO LIBO Rate in effect for such
Interest Period and (ii) for any Eurocurrency Borrowing denominated in a currency other than euro, the LIBO Rate in effect for such Borrowing for such 

  

 2 

 
Interest Period divided by (b) one minus the Statutory Reserves applicable to such Eurocurrency Borrowing, if any. 
 “Adjustment Date” shall have the meaning assigned to such term in the definition of the term “Pricing Grid”. 
 “Administrative Agent” shall mean JPMorgan Chase Bank, N.A., in its capacity as administrative agent for the Lenders hereunder, or, as
applicable, such Affiliates thereof as it shall from time to time designate for the purpose of performing its obligations hereunder in such capacity. References to the “Administrative Agent” shall also include any Affiliate of JPMorgan
Chase Bank, N.A. or any other person designated by JPMorgan Chase Bank, N.A., in each case acting in its capacity as “Security Trustee”, “Trustee” or “Agent” under any Security Document relating to collateral provided
under the laws of any United Kingdom jurisdiction, or acting in any similar capacity under any other Security Document under the laws of the United States or any other jurisdiction. Notwithstanding the foregoing, for purposes of Section 9.23,
the term “Administrative Agent” shall mean JPMorgan Chase Bank, N.A. and any successor agent appointed pursuant to Section 8.09. 
 “Administrative Agent Fees” shall have the meaning assigned to such term in Section 2.12(c). 
 “Administrative Fee Letter” shall mean that certain Administrative Fee Letter dated as of September 13, 2006, by and between Holdings and JPMCB. 
 “Administrative Questionnaire” shall mean an Administrative Questionnaire in a form supplied by the Administrative Agent. 
 “Affiliate” shall mean, when used with respect to a specified person, another person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the person specified. 
 “Agent” shall mean any
of the Administrative Agent and the Collateral Agent, as the context may require. 
 “Agreement” shall have the meaning
assigned to such term in the introductory paragraph of this Agreement. 
 “Applicable Commitment Fee” shall mean for any day
0.50% per annum; provided, that on and after the first Adjustment Date occurring after delivery of the financial statements and certificates required by Section 5.04 upon the completion of one full fiscal quarter of Intermediate
Holdings after the Closing Date, the Applicable Commitment Fee shall be determined pursuant to the Pricing Grid. 
 “Applicable
Margin” shall mean for any day (i) 2.50% per annum in the case of any Eurocurrency Revolving Loan, (ii) 2.25% per annum in the case of any Eurocurrency Term Loan and (iii) 1.50% per annum in the case of any ABR Loan;
provided, that on and after the first Adjustment Date, the Applicable Margin with respect to Revolving Facility Loans and Swingline Loans will be determined pursuant to the Pricing Grid. 
  

 3 

 “Applicable Period” shall mean an Excess Cash Flow Period or an Excess Cash Flow Interim
Period, as the case may be. 
 “Approved Fund” shall have the meaning assigned to such term in Section 9.04(b).

 “Asset Sale” shall mean any loss, damage, destruction or condemnation of, or any sale, transfer or other disposition
(including any sale and leaseback of assets and any mortgage, immovable hypothec or lease of Real Property) to any person of any asset or assets of Intermediate Holdings or any Subsidiary. 
 “Assignee” shall have the meaning assigned to such term in Section 9.04(b). 
 “Assignment and Acceptance” shall mean an assignment and acceptance entered into by a Lender and an Assignee, and accepted by the
Administrative Agent and the applicable Borrower (if required by such assignment and acceptance), in the form of Exhibit A or such other form as shall be approved by the Administrative Agent. 
 “Availability Period” shall mean the period from and including the Closing Date to but excluding (a) in the case of the Revolving
Credit Facility (including Swingline Loans and Revolving Letters of Credit thereunder), the earlier of the Revolving Facility Maturity Date and the date of termination of the Revolving Facility Commitments and (b) in the case of Synthetic
Letters of Credit, the Synthetic L/C Maturity Date. 
 “Available Unused Commitment” shall mean, with respect to a Revolving
Facility Lender at any time, an amount equal to the amount by which (a) the Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the Revolving Facility Exposure of such Revolving Facility Lender at such
time. 
 “Bank Certification” shall mean a letter substantially in the form as required in the decree by the German Federal
Ministry of Finance (dated 20 October 2005, IV B 7 – S 2742a – 43/05 and dated 16 March 2006, IV B 7 – S 2742a – 6/06, a bilingual version of which is attached as Schedule 2.17(e)(ii) (Form of
Certification/Bescheinigung), specifying, in particular, all Security Interests that have been granted for the respective Loan, or as required in a decree by the German tax authorities changing the form of certification, if such new form of
confirmation is reasonably acceptable to the Administrative Agent. 
 “Board” shall mean the Board of Governors of the
Federal Reserve System of the United States of America. 
 “Board of Directors” shall mean, as to any person, the board of
directors or other governing body of such person, or if such person is owned or managed by a single entity, the board of directors or other governing body of such entity. 
 “Borrower” and “Borrowers” shall have the respective meanings assigned to such terms in the introductory paragraph of this Agreement. 
  

 4 

 “Borrowing” shall mean a group of Loans of a single Type and made on a single date and,
in the case of Eurocurrency Loans, as to which a single Interest Period is in effect. 
 “Borrowing Minimum” shall mean
(i) in the case of Borrowings denominated in Dollars, $5.0 million, except in the case of Swingline Loans to the U.S. Borrower, where it shall mean $1.0 million and (ii) in the case of Borrowings denominated in a Foreign
Currency, 5.0 million units of such Foreign Currency, except in the case of Swingline Loans to the German Borrower, where it shall mean €1.0 million. 
 “Borrowing Multiple” shall mean, in the case of any Borrowing, 500,000 units of the currency in which such Borrowing is denominated. 
 “Borrowing Request” shall mean a request by a Borrower in accordance with the terms of Section 2.03 and substantially in the form
of Exhibit C-1. 
 “Budget” shall have the meaning assigned to such term in Section 5.04(e). 
 “Business Day” shall mean any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized
or required by law to remain closed; provided, that (a) when used in connection with a Eurocurrency Loan denominated in a currency other than euro, the term “Business Day” shall also exclude any day on which banks are not open
for dealings in deposits in the applicable currency in the London interbank market, (b) when used in connection with a Loan denominated in euro, the term “Business Day” shall also exclude any day on which the Trans-European Automated
Real Time Gross Settlement Express Transfer (TARGET) payment system is not open for the settlement of payments in euro and (c) when used in connection with any Loan to the German Borrower or Letter of Credit in respect of which the German
Borrower is an applicant, in each case denominated in a currency other than Dollars, the term “Business Day” shall also include any day on which banks are open for dealings in deposits in such currency in London. 
 “CAM” shall mean the mechanism for the allocation and exchange of interests in Loans, participations in Letters of Credit and Swingline
Loans and other extensions of credit under this Agreement and collections thereunder established under Article X. 
 “CAM
Exchange” shall mean the exchange of the Lender’s interests provided for in Section 10.01. 
 “CAM Exchange
Date” shall mean the first date on which there shall occur (a) any event referred to in paragraph (h) or (i) of Section 7.01 in respect of any Borrower or (b) an acceleration of Loans pursuant to Section 7.01.

 “CAM Percentage” shall mean, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall
be the aggregate Dollar Equivalent (determined on the basis of the applicable Spot Rates prevailing on the CAM Exchange Date) of the sum, without duplication, of (i) the Obligations owed to such Lender (whether or not at the time due and
payable), (ii) the L/C Exposure of such Lender and (iii) the Swingline Exposure of such Lender, in each case immediately prior to the occurrence of the CAM Exchange Date, and (b) the denominator shall be the aggregate Dollar
Equivalent (as so determined) of the sum, without 

  

 5 

 
duplication, of (A) the Obligations owed to all the Lenders (whether or not at the time due and payable), (B) the L/C Exposure and (iii) the
Swingline Exposure, in each case immediately prior to the occurrence of the CAM Exchange Date; provided that, for purposes of clause (a) above, the Obligations owed to the Swingline Lender will be deemed not to include any Swingline
Loans except to the extent provided in clause (a)(iii) above. 
 “Capital Expenditures” shall mean, for any person in
respect of any period, the aggregate of all expenditures incurred by such person during such period that, in accordance with GAAP, are or should be included in “additions to property, plant or equipment” or similar items reflected in the
statement of cash flows of such person; provided, however, that Capital Expenditures for Intermediate Holdings and its Subsidiaries shall not include: 
 (a) expenditures to the extent they are made with (i) proceeds of the issuance of Equity Interests of Holdings or any other Parent
Entity after the Closing Date or (ii) funds that would have constituted Net Proceeds under clause (a) of the definition of the term “Net Proceeds” (but for the application of the first proviso to such clause (a)),

 (b) expenditures with proceeds of insurance settlements, condemnation awards and other settlements in respect of lost,
destroyed, damaged or condemned assets, equipment or other property to the extent such expenditures are made to replace or repair such lost, destroyed, damaged or condemned assets, equipment or other property or otherwise to acquire, maintain,
develop, construct, improve, upgrade or repair assets or properties useful in the business of Intermediate Holdings and the Subsidiaries within 15 months of receipt of such proceeds (or, if not made within such period of 15 months, are committed to
be made during such period), 
 (c) interest capitalized during such period, 
 (d) expenditures that are accounted for as capital expenditures of such person and that actually are paid for by a third party (excluding
Intermediate Holdings, or any Subsidiary thereof) and for which neither Intermediate Holdings nor any Subsidiary has provided or is required to provide or incur, directly or indirectly, any consideration or obligation to such third party or any
other person (whether before, during or after such period), 
 (e) the book value of any asset owned by such person prior to
or during such period to the extent that such book value is included as a capital expenditure during such period as a result of such person reusing or beginning to reuse such asset during such period without a corresponding expenditure actually
having been made in such period; provided, that (i) any expenditure necessary in order to permit such asset to be reused shall be included as a Capital Expenditure during the period that such expenditure actually is made and
(ii) such book value shall have been included in Capital Expenditures when such asset was originally acquired, 
 (f) the
purchase price of equipment purchased during such period to the extent the consideration therefor consists of any combination of (i) used or surplus 

  

 6 

 
equipment traded in at the time of such purchase and (ii) the proceeds of a concurrent sale of used or surplus equipment, in each case, in the ordinary
course of business, 
 (g) Investments in respect of a Permitted Business Acquisition, 
 (h) the Acquisition, or 
 (i) the purchase of property, plant or equipment made within 15 months of the sale of any asset (other than inventory) to the extent purchased with the proceeds of such sale (or, if not made within such period of
15 months, to the extent committed to be made during such period and actually made within a three-year period from such sale). 
 “Capital Lease Obligations” of any person shall mean the obligations of such person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real (immovable) or personal (movable)
property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such person under GAAP and, for purposes hereof, the amount of such obligations at any time shall be the
capitalized amount thereof at such time determined in accordance with GAAP. 
 “Cash Consideration” shall have the meaning
assigned to such term in the recitals hereto. 
 “Cash Interest Expense” shall mean, with respect to Intermediate Holdings
and the Subsidiaries on a consolidated basis for any period, Interest Expense for such period, less the sum of, without duplication, (a) pay in kind Interest Expense or other noncash Interest Expense (including as a result of the effects of
purchase accounting), (b) to the extent included in Interest Expense, the amortization of all fees (including fees with respect to Swap Agreements) paid by, or on behalf of, Intermediate Holdings or any Subsidiary in connection with the
incurrence of Indebtedness, including such fees paid in connection with the Transactions or upon entering into a Permitted Receivables Financing, (c) the amortization of debt discounts included in Interest Expenses and (d) cash interest
income of Intermediate Holdings and the Subsidiaries for such period; provided, that Cash Interest Expense shall exclude any one time financing fees, including those paid in connection with the Transactions, or upon entering into a Permitted
Receivables Financing or any amendment of this Agreement. 
 A “Change in Control” shall be deemed to occur if: 

(a) at any time, (i) prior to a Qualified IPO of Intermediate Holdings, Holdings shall fail to own, directly or indirectly,
beneficially and of record, 100% of the issued and outstanding Equity Interests of Intermediate Holdings, (ii) Intermediate Holdings shall fail to own, directly or indirectly, beneficially and of record, 100% of the issued and outstanding
Equity Interests of any Borrower, (iii) a majority of the seats (other than vacant seats) on the Board of Directors of (A) prior to a Qualified IPO of Intermediate Holdings, Holdings or (B) after a Qualified IPO of Intermediate
Holdings, Intermediate Holdings shall at any time be occupied by persons who were neither (x) nominated by the Board of Directors of Holdings (prior to a Qualified IPO of Intermediate Holdings) or a Permitted Holder, (y) appointed by
directors so nominated nor (z) appointed by a Permitted Holder, or (iv) a “change of control” (or similar event) 

  

 7 

 
shall occur under the Senior Unsecured Notes Indenture, the Senior Subordinated Notes Indenture, any Material Indebtedness or any Permitted Refinancing
Indebtedness in respect of any of the foregoing or any Disqualified Stock (to the extent the aggregate amount of the applicable Disqualified Stock exceeds $35 million); 
 (b) at any time prior to a Qualified IPO, any combination of Permitted Holders shall fail to own beneficially (within the meaning of
Rule 13d-5 of the Exchange Act as in effect on the Closing Date), directly or indirectly, in the aggregate Equity Interests representing at least a majority of the aggregate ordinary voting power represented by the issued and outstanding Equity
Interests of Holdings; or 
 (c) at any time after a Qualified IPO, any person or “group” (within the meaning of
Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934 as in effect on the Closing Date), other than any combination of the Permitted Holders or any “group” including any Permitted Holders, shall have acquired beneficial
ownership of 35% or more on a fully diluted basis of the voting interest in (i) in the case of a Qualified IPO of Holdings, Holdings’s and (ii) in the case of a Qualified IPO of Intermediate Holdings, Intermediate Holdings’s
Equity Interests and the Permitted Holders shall own, directly or indirectly, less than such person or “group” on a fully diluted basis of the voting interest in Equity Interests of Holdings or Intermediate Holdings, as the case may be.

 “Change in Law” shall mean (a) the adoption of any law, rule or regulation after the Closing Date, (b) any
change in law, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the Closing Date or (c) compliance by any Lender or Issuing Bank (or, for purposes of Section 2.15(b), by any lending
office of such Lender or by such Lender’s or Issuing Bank’s holding company, if any) with any written request, guideline or directive (whether or not having the force of law) of any Governmental Authority made or issued after the Closing
Date. 
 “CITA Borrower” shall mean any Borrower that claims tax deductions in Germany with regard to interest payable under
this Agreement. 
 “Charges” shall have the meaning assigned to such term in Section 9.09. 
 “Closing Date” shall mean December 4, 2006. 
 “Closing Date Transactions” shall mean the Transactions consummated on or prior to the Closing Date. 
 “Co-Lead Arrangers” shall mean JPMorgan Securities Inc., GE Capital Markets, Inc. and UBS Securities LLC, in their capacities as joint lead arrangers. 
 “Co-Syndication Agents” shall have the meaning assigned to such term in the introductory paragraph of this Agreement. 
 “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time and the regulations promulgated and rulings issued
thereunder. 
  

 8 

 “Collateral” shall mean all the “Collateral” as defined in any Security
Document and shall also include the Mortgaged Properties and all other property that is subject to any Lien in favor of the Administrative Agent or any Subagent for the benefit of the Lenders pursuant to any Security Document. 
 “Collateral Agent” shall mean the party acting as collateral agent for the Secured Parties under the Security Documents. On the Closing
Date, the Collateral Agent is the same person as the Administrative Agent. Unless the context otherwise requires, the term “Administrative Agent” as used herein shall include the Collateral Agent, notwithstanding various specific
references to the Collateral Agent herein. 
 “Collateral Agent’s Liens” shall mean the Liens in the Collateral granted
to the Collateral Agent, for the benefit of the Secured Parties, pursuant to the Collateral Agreement and the other Loan Documents. 
 “Collateral Agreements” shall mean (i) the Foreign Collateral Agreements and (ii) the U.S. Collateral Agreement. 
 “Collateral and Guarantee Requirement” shall mean the requirement that: 
 (a) on the Closing Date, the Administrative Agent shall have received (i) from each Domestic Loan Party a counterpart of the U.S. Collateral Agreement, duly executed and delivered on behalf of such person, (ii) from each Foreign
Loan Party, a counterpart of a Foreign Collateral Agreement, duly executed and delivered on behalf of such person, (iii) from each Loan Party, a counterpart of the Guarantee Agreement, duly executed and delivered on behalf of such person,
(iv) from each Loan Party that owns Equity Interests of a Foreign Subsidiary listed on Schedule 1.01(g)(i) a counterpart of a Foreign Pledge Agreement with respect to such Equity Interests owned by such Loan Party (it being understood that
no more than 65% of the outstanding voting Equity Interests of any “first tier” Foreign Subsidiary owned by a Domestic Loan Party or any “first tier” Qualified CFC Holding Company owned by a Domestic Loan Party and none of the
outstanding voting Equity Interests of a Foreign Subsidiary that is not a “first tier” Foreign Subsidiary of a Domestic Loan Party or Qualified CFC Holding Company that is not a “first tier” Qualified CFC Holding Company of a
Domestic Loan Party shall be pledged to secure the Domestic Obligations) and (v) from each Domestic Loan Party, a counterpart of the First-Tier Subsidiary Pledge Agreement, duly executed and delivered on behalf of such person; 
 (b) on the Closing Date, the Administrative Agent shall have received (i) a pledge of all the issued and outstanding Equity Interests
of (A) Intermediate Holdings, (B) each Borrower and (C) each Wholly Owned Subsidiary owned on the Closing Date directly by or on behalf of Holdings, Intermediate Holdings, any Borrower or any Subsidiary Loan Party and listed on
Schedule 1.01(g)(ii) (it being understood that no more than 65% of the outstanding voting Equity Interests of any “first tier” Foreign Subsidiary owned by a Domestic Loan Party or any “first tier” Qualified CFC Holding
Company owned by a Domestic Loan Party and none of the outstanding voting Equity Interests of a Foreign Subsidiary that is not a “first tier” Foreign Subsidiary of a 

  

 9 

 
Domestic Loan Party or Qualified CFC Holding Company that is not a “first tier” Qualified CFC Holding Company of a Domestic Loan Party shall be
pledged to secure the Domestic Obligations) and (ii) in the case of certificated Equity Interests required to be pledged pursuant to clause (i) above, all certificates or other instruments (if any) representing such Equity Interests,
together with stock powers or other instruments of transfer with respect thereto endorsed in blank; 
 (c) subject to
Section 5.10(g), (i) all Indebtedness of each Borrower and each Subsidiary (other than (A) intercompany current liabilities incurred in the ordinary course of business in connection with the cash management operations of Intermediate
Holdings and its Subsidiaries, (B) to the extent that a pledge of such promissory note or instrument would violate applicable law and (C) the Japanese Intercompany Note) that is owing to any Loan Party, if evidenced by a promissory note or
an instrument, shall have been pledged pursuant to the applicable Collateral Agreement (or other applicable Security Document as reasonably required by the Administrative Agent), it being understood that no Indebtedness of Intermediate Holdings or
any Subsidiary that is owing to any Loan Party other than the German Borrower shall be pledged to secure the Obligations of the German Borrower, and (ii) the Administrative Agent shall have received all such promissory notes or instruments,
together with note powers or other instruments of transfer with respect thereto endorsed in blank; 
 (d) in the case of any
person that becomes a Domestic Subsidiary after the Closing Date, the Administrative Agent shall have received (i) a supplement to (A) the Guarantee Agreement and (B) the U.S. Collateral Agreement, in each case in the form specified
therein, duly executed and delivered on behalf of such Domestic Subsidiary, (ii) subject to Section 5.10(g), if such Domestic Subsidiary owns Equity Interests of a Foreign Subsidiary that is a Material Subsidiary that, as a result of the
law of the jurisdiction of organization, incorporation, constitution or amalgamation of such Foreign Subsidiary, cannot validly be pledged to the Collateral Agent under the U.S. Collateral Agreement, a counterpart of a Foreign Pledge Agreement with
respect to such Equity Interests (provided, that in no event shall more than 65% of the issued and outstanding voting Equity Interests of any “first tier” Foreign Subsidiary or any “first tier” Qualified CFC Holding
Company directly owned by such Domestic Subsidiary be pledged to secure the Domestic Obligations), duly executed and delivered on behalf of such Domestic Subsidiary, and (iii) a supplement to the First-Tier Subsidiary Pledge Agreement or a
counterpart of a Foreign Pledge Agreement, as applicable, with respect to the portion of the Equity Interests of a Foreign Subsidiary owned by it and not being pledged pursuant to clause (ii) above, duly executed and delivered on behalf of such
Domestic Subsidiary; 
 (e) subject to Section 5.10(g), in the case of any person that becomes a Foreign Subsidiary after
the Closing Date, the Administrative Agent shall have received, as promptly as practicable following such event (i) a counterpart of a Foreign Collateral Agreement, (ii) a supplement to the Guarantee Agreement, in the form specified
therein, and (iii) a counterpart of a Foreign Pledge Agreement with respect to the Equity Interests owned by such Foreign Subsidiary in Material Subsidiaries that, as a result of the law of the jurisdictions of organization of such other
Subsidiaries, cannot be validly pledged to 

  

 10 

 
the Collateral Agent under the Foreign Collateral Agreement to which such Foreign Subsidiary is a party, in each case duly executed and delivered on behalf
of such person; 
 (f) after the Closing Date, subject to Section 5.10(g), (i) all the outstanding Equity Interests
(A) issued or owned by any person that becomes a Loan Party after the Closing Date and (B) all the Equity Interests that are acquired by a Loan Party after the Closing Date (including the Equity Interests of any Special Purpose Receivables
Subsidiary established after the Closing Date), shall have been pledged pursuant to the applicable Security Document; provided, that in no event shall more than 65% of the issued and outstanding voting Equity Interests of any “first
tier” Foreign Subsidiary or any “first tier” Qualified CFC Holding Company directly owned by any Domestic Loan Party, and in no event shall any of the issued and outstanding Equity Interests of any Foreign Subsidiary that is not a
“first tier” Foreign Subsidiary of a Domestic Loan Party or any Qualified CFC Holding Company that is not a “first tier” Qualified CFC Holding Company of a Domestic Loan Party, be pledged to secure the Domestic Obligations and
(ii) the Administrative Agent shall have received all certificates or other instruments (if any) representing such Equity Interests, together with stock powers or other instruments of transfer with respect thereto endorsed in blank; 

(g) subject to Section 5.10(g), except as otherwise contemplated by any Security Document, all documents and instruments,
including Uniform Commercial Code financing statements and other similar statements or forms used in other relevant jurisdictions, required by law or reasonably requested by the Administrative Agent to be filed, registered or recorded to create the
Liens intended to be created by the Security Documents (in each case, including any supplements thereto) and perfect such Liens to the extent required by, and with the priority required by, the Security Documents, shall have been filed, registered
or recorded or delivered to the Administrative Agent for filing, registration or the recording on the Closing Date or, with respect to Collateral acquired after the Closing Date, concurrently with, or promptly following, the execution and delivery
of each such Security Document; 
 (h) on the Closing Date, the Administrative Agent shall have received (i) counterparts
of each Mortgage to be entered into with respect to each Mortgaged Property set forth on Schedule 1.01(b) duly executed and delivered by the record owner of such Mortgaged Property and suitable for recording or filing and (ii) such
other documents including, but not limited to, any consents, agreements and confirmations of third parties, as the Administrative Agent may reasonably request with respect to any such Mortgage or Mortgaged Property; 
 (i) on the Closing Date the Administrative Agent shall have received (i) a policy or policies or marked-up unconditional binder of
title insurance, as applicable, paid for by the Borrowers, issued by a nationally recognized title insurance company insuring the Lien of each Mortgage to be entered into on the Closing Date as a valid first Lien on the Mortgaged Property described
therein, free of any other Liens except Permitted Liens, together with such customary endorsements, coinsurance and reinsurance as the Administrative Agent may reasonably request; 
  

 11 

 (j) the Administrative Agent shall have received evidence of the insurance required by
the terms hereof; 
 (k) except as otherwise contemplated by any Security Document, each Loan Party shall have obtained all
consents and approvals required to be obtained by it in connection with (i) the execution and delivery of all Security Documents (or supplements thereto) to which it is a party and the granting by it of the Liens thereunder and (ii) the
performance of its obligations thereunder; and 
 (l) after the Closing Date, the Administrative Agent shall have received
(i) such other Security Documents as may be required to be delivered pursuant to Section 5.10, and (ii) upon reasonable request by the Administrative Agent, evidence of compliance with any other requirements of Section 5.10.

 “Commitment Fee” shall have the meaning assigned to such term in Section 2.12(a). 
 “Commitments” shall mean, with respect to each Lender, such Lender’s Term B Loan Commitment, Incremental Term Loan Commitment,
Revolving Facility Commitment, Incremental Revolving Facility Commitment, Pre-Funding L/C Commitment or Incremental Pre-Funding L/C Commitment, as applicable. 
 “Conduit Lender” shall mean any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such
Lender in a written instrument; provided, that the designation by any Lender of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender
fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender;
provided, further, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to Section 2.15, 2.16, 2.17 or 9.05 than the designating Lender would have been entitled to receive in respect of the
extensions of credit made by such Conduit Lender or (b) be deemed to have any Commitment. 
 “Consolidated Debt” at any
date shall mean the sum of (without duplication) all Indebtedness (other than letters of credit or bank guarantees, to the extent undrawn) consisting of Capital Lease Obligations, Indebtedness for borrowed money, Disqualified Stock and Indebtedness
in respect of the deferred purchase price of property or services of Intermediate Holdings and the Subsidiaries determined on a consolidated basis on such date. 
 “Consolidated Net Income” shall mean, with respect to any person for any period, the aggregate of the Net Income of such person and its subsidiaries for such period, on a consolidated basis;
provided, however, that, without duplication, 
 (i) any net after tax extraordinary, nonrecurring or unusual
gains or losses or income or expense or charge (including all fees and expenses relating thereto) including any (A) severance, relocation or other restructuring expenses, any expenses related to any reconstruction, decommissioning or
reconfiguration of fixed assets for alternative uses 

  

 12 

 
and fees, expenses or charges relating to new product lines, plant shutdown costs or acquisition integration costs, (B) up to $30,000,000 in the
aggregate of transition expenses attributable to the Acquired Business becoming a business operated independently from the Seller and its affiliates in connection with the Transactions (C) expenses or charges in connection with the Transactions
related to curtailments or modifications to pension and post-retirement employee benefit plans, (D) fees, expenses or charges related to any offering of Equity Interests of Holdings, Intermediate Holdings or any Parent Entity, any Investment,
acquisition or incurrence, refinancing, amendment or modification of Indebtedness permitted to be incurred or so refinanced, amended or modified, as the case may be, hereunder (in each case, whether or not successful), including any such fees,
expenses, charges or change in control payments made under the Acquisition Agreement or otherwise related to the Transactions (including any transition-related expenses incurred before, on or after the Closing Date), in each case, shall be excluded,

 (ii) any net after-tax gain or loss from abandoned, closed or discontinued operations and any net after-tax gain or loss on
disposal of abandoned, closed or discontinued operations shall be excluded, 
 (iii) any net after-tax gain or loss (less all
fees and expenses or charges relating thereto) attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by the management of Intermediate Holdings) shall be excluded,

 (iv) any net after-tax income or loss (less all fees and expenses or charges relating thereto) attributable to the early
extinguishment of indebtedness shall be excluded, 
 (v) (A) the Net Income for such period of any person that is not a
subsidiary of such person, or is an Unrestricted Subsidiary, or that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments actually paid in cash (or to
the extent converted into cash) to the referent person or a subsidiary thereof in respect of such period and (B) the Net Income for such period shall include any ordinary course dividend distribution or other payment in cash received from any
person in excess of the amounts included in clause (A), 
 (vi) Consolidated Net Income for such period shall not include
the cumulative effect of a change in accounting principles during such period, 
 (vii) any increase in amortization or
depreciation or any non-cash charges or other increase or reduction in Consolidated Net Income, in each case resulting from purchase accounting in connection with the Transactions or any acquisition that is consummated after the Closing Date shall
be excluded, 
  

 13 

 (viii) any non-cash impairment charges or non-cash charges resulting from the
amortization of intangibles, in each case arising pursuant to the application of GAAP, shall be excluded, 
 (ix) any non-cash
expenses realized or resulting from grants and sales of stock, stock option plans, employee benefit plans or post-employment benefit plans, grants of stock appreciation or similar rights, stock options, restricted stock grants or other rights of
such person or any of its subsidiaries shall be excluded, 
 (x) accruals and reserves that are established or adjusted, in
each case as a result of the Transactions within twelve months after the Closing Date and that are so required to be established in accordance with GAAP, and changes as a result of the adoption or modification of accounting policies in connection
with the Transactions shall be excluded, 
 (xi) non-cash gains, losses, income and expenses resulting from fair value
accounting required by Statement of Financial Accounting Standards No. 133 shall be excluded, 
 (xii) non-cash charges
for deferred tax asset valuation allowances shall be excluded, and 
 (xiii) unrealized gains and losses relating to hedging
transactions and mark-to-market of Indebtedness denominated in foreign currencies resulting from the application of Financial Accounting Standard 52 shall be excluded. 
 “Consolidated Total Assets” shall mean, as of any date, the total assets of Intermediate Holdings and the consolidated Subsidiaries, determined in accordance with GAAP, as set forth on the
consolidated balance sheet of Intermediate Holdings as of such date. 
 “Control” shall mean the possession, directly or
indirectly, of the power to direct or cause the direction of the management or policies of a person, whether through the ownership of voting securities, by contract or otherwise, and “Controlling” and “Controlled”
shall have meanings correlative thereto. 
 “Credit Event” shall have the meaning assigned to such term in Article IV.

 “Credit-Linked Deposit” shall mean, as to each Synthetic L/C Lender, the cash deposit made by such Lender pursuant to
Section 2.05, as such deposit may be (a) reduced from time to time pursuant to Section 2.05(e)(ii) or Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to
Section 9.04 and (c) increased from time to time pursuant to Section 2.05(e) and Section 2.21. The amount of each Synthetic L/C Lender’s Credit-Linked Deposit on the Closing Date is set forth in Schedule 2.01 or
in the Assignment and Acceptance pursuant to which such Synthetic L/C Lender shall have acquired its Credit-Linked Deposit, as applicable. The initial aggregate amount of Credit-Linked Deposits is $35,000,000. 
  

 14 

 “Credit-Linked Deposit Account” shall mean the account established by the Administrative
Agent under its sole and exclusive control maintained at the office of JPMorgan Chase Bank, N.A., 270 Park Avenue, New York, NY 10017, designated as the “Momentive Credit-Linked Deposit Account” that shall be used solely to hold the
Credit-Linked Deposits. 
 “Cumulative Credit” shall mean, at any date, an amount, not less than zero in the aggregate,
determined on a cumulative basis equal to, without duplication: 
 (a) $75 million, plus: 
 (b) the Cumulative Retained Excess Cash Flow Amount at such time, plus  
 (c) the aggregate amount of proceeds received after the Closing Date and prior to such time that would have constituted Net Proceeds
pursuant to clause (a) of the definition thereof except for the operation of clause (x), (y) or (z) of the second proviso thereof (the “Below Threshold Asset Sale Proceeds”), plus  
 (d) the cumulative amount of proceeds (including cash and the fair market value of property other than cash) from the sale of Equity
Interests of Holdings or any Parent Entity after the Closing Date and on or prior to such time (including upon exercise of warrants or options) which proceeds have been contributed as common equity to the capital of Intermediate Holdings or any
Borrower and common Equity Interests of Intermediate Holdings or any Borrower issued upon conversion of Indebtedness of such person or any Subsidiary owed to a person other than Intermediate Holdings or any Borrower or Subsidiary not previously
applied for a purpose other than use in the Cumulative Credit; provided, that this clause (d) shall exclude Permitted Cure Securities and the proceeds thereof, sales of Equity Interests financed as contemplated by Section 6.04(e)
and any amounts used to finance the payments or distributions in respect of any Junior Financing pursuant to Section 6.09(b), plus 
 (e) 100% of the aggregate amount of contributions to the common capital of Intermediate Holdings or any Borrower received in cash (and the fair market value of property other than cash) after the Closing Date (subject
to the same exclusions as are applicable to clause (d) above); provided that Intermediate Holdings and its Subsidiaries shall be in Pro Forma Compliance, plus 
 (f) the principal amount of any Indebtedness (including the liquidation preference or maximum fixed repurchase price, as the case may be,
of any Disqualified Stock) of Intermediate Holdings or any Subsidiary issued after the Closing Date (other than Indebtedness issued to a Subsidiary), which has been converted into or exchanged for Equity Interests (other than Disqualified Stock) in
Holdings or any Parent Entity, plus 
 (g) without duplication of any amounts included in the calculation of Cumulative
Retained Excess Cash Flow Amount pursuant to clause (b) above, 100% of the aggregate amount received by Intermediate Holdings or any Subsidiary in cash (and the fair market value of property other than cash received by Intermediate Holdings or
any Subsidiary) after the Closing Date from: 
  

 15 

 (A) the sale (other than to Intermediate Holdings or any Subsidiary) of the Equity
Interests of an Unrestricted Subsidiary, 
 (B) any dividend or other distribution by an Unrestricted Subsidiary, or

 (C) the sale of the intellectual property or other assets related primarily to the GaN Business (including interests in any
joint ventures related primarily to the GaN Business), plus 
 (h) in the event any Unrestricted Subsidiary has been
redesignated as a Subsidiary or has been merged, consolidated or amalgamated with or into, or transfers or conveys its assets to, or is liquidated into, Intermediate Holdings or any Subsidiary, the fair market value of the Investments of
Intermediate Holdings or any Subsidiary in such Unrestricted Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred or conveyed, as applicable), plus 
 (i) an amount equal to any returns (including dividends, interest, distributions, returns of principal, profits on sale, repayments,
income and similar amounts) actually received by Intermediate Holdings or any Subsidiary in respect of any Investments made pursuant to Section 6.04(j) (other than amounts thereof used to increase the amount of Investments permitted to be made
pursuant to Section 6.04(j)(i)), minus  
 (j) any amounts used to make Investments pursuant to
Section 6.04(b)(y) after the Closing Date prior to such time, minus  
 (k) any amounts used to make Investments
pursuant to Section 6.04(j)(ii) after the Closing Date prior to such time, minus  
 (l) the cumulative amount of
dividends paid and distributions made pursuant to Section 6.06(e) prior to such time, minus 
 (m) payments or
distributions in respect of Junior Financings pursuant to Section 6.09(b)(i) (other than payments made with proceeds from the issuance of Equity Interests that were excluded from the calculation of the Cumulative Credit pursuant to
clause (d) above); 
 provided, however, for purposes of Section 6.06(e), the calculation of the Cumulative Credit shall not include
any Below Threshold Asset Sale Proceeds except to the extent they are used as contemplated in clauses (j) and (k) above. 
 “Cumulative Retained Excess Cash Flow Amount” shall mean, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to: 
 (a) the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for all Excess Cash Flow Periods ending after the Closing
Date and prior to such date, plus 
  

 16 

 (b) for each Excess Cash Flow Interim Period ended prior to such date and after the most
recently completed Excess Cash Flow Period included in (a), an amount equal to the Retained Percentage of Excess Cash Flow for such Excess Cash Flow Interim Period, minus 
 (c) the cumulative amount of all Retained Excess Cash Flow Overfundings as of such date. 
 “Cure Amount” shall have the meaning assigned to such term in Section 7.03(a). 
 “Cure Right” shall have the meaning assigned to such term in Section 7.03(a). 
 “Current Assets” shall mean, with respect to Intermediate Holdings and the Subsidiaries on a consolidated basis at any date of
determination, the sum of (a) all assets (other than cash and Permitted Investments or other cash equivalents) that would, in accordance with GAAP, be classified on a consolidated balance sheet of Intermediate Holdings and the Subsidiaries
as current assets at such date of determination, other than amounts related to current or deferred Taxes based on income or profits and (b) in the event that a Permitted Receivables Financing is accounted for off-balance sheet, (x) gross
accounts receivable comprising part of the Receivables Assets subject to such Permitted Receivables Financing less (y) collections against the amounts sold pursuant to clause (x). 
 “Current Liabilities” shall mean, with respect to Intermediate Holdings and the Subsidiaries on a consolidated basis at any date of
determination, all liabilities that would, in accordance with GAAP, be classified on a consolidated balance sheet of Intermediate Holdings and the Subsidiaries as current liabilities at such date of determination, other than (a) the current
portion of any Indebtedness, (b) accruals of Interest Expense (excluding Interest Expense that is due and unpaid), (c) accruals for current or deferred Taxes based on income or profits, (d) accruals, if any, of transaction costs
resulting from the Transactions, (e) accruals of any costs or expenses related to (i) severance or termination of employees prior to the Closing Date or (ii) bonuses, pension and other post-retirement benefit obligations, and
(f) accruals for add-backs to EBITDA included in clauses (a)(iv) through (a)(vi) of the definition of such term. 
 “Debt
Service” shall mean, with respect to Intermediate Holdings and the Subsidiaries on a consolidated basis for any period, Cash Interest Expense for such period plus scheduled principal amortization of Consolidated Debt for such period.

 “Default” shall mean any event or condition that upon notice, lapse of time or both would constitute an Event of Default.

 “Defaulting Lender” shall mean any Lender with respect to which a Lender Default is in effect. 
 “Designated Non-Cash Consideration” shall mean the fair market value of non-cash consideration received by Intermediate Holdings or one
of its Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer, setting forth the basis of such valuation, less the amount of 

  

 17 

 
cash equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration. 
 “Disinterested Director” shall mean, with respect to any person and transaction, a member of the Board of Directors of such person who
does not have any material direct or indirect financial interest in or with respect to such transaction. 
 “Disqualified
Stock” shall mean, with respect to any person, any Equity Interests of such person that, by its terms (or by the terms of any security or other Equity Interests into which it is convertible or for which it is redeemable or exchangeable), or
upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset
sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination
of the Commitments), (b) is redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests), in whole or in part, (c) provides for the scheduled payments of dividends in cash, or (d) is or becomes
convertible into or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Stock, in each case, prior to the date that is ninety-one (91) days after the Revolving Facility Maturity Date; provided,
however, that only the portion of the Equity Interests that so mature or are mandatorily redeemable, are so convertible or exchangeable or are so redeemable at the option of the holder thereof prior to such date shall be deemed to be
Disqualified Stock; provided further, however, that if such Equity Interests are issued to any employee or to any plan for the benefit of employees of any Borrower or its Subsidiaries or by any such plan to such employees, such
Equity Interests shall not constitute Disqualified Stock solely because they may be required to be repurchased by such Borrower in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s termination,
death or disability. 
 “Dollars” or “$” shall mean lawful money of the United States of America.

 “Dollar Equivalent” shall mean, at any date of determination, (a) with respect to any amount denominated in Dollars,
such amount, and (b) with respect to any amount denominated in any currency other than Dollars, the equivalent amount thereof in Dollars as determined by the Administrative Agent at such time on the basis of the Spot Rate in effect on such date
for the purchase of Dollars with such currency. The Dollar Equivalent at any time of the amount of any Letter of Credit, L/C Disbursement or Loan denominated in a Foreign Currency shall be the amount most recently determined as provided in
Section 1.04. 
 “Domestic Loan Party” shall mean any Loan Party that is not a Foreign Loan Party. 
 “Domestic Obligations” shall mean (a) the Obligations of the U.S. Borrower and (b) the Obligations of the Domestic Loan
Parties and the other Domestic Subsidiaries in respect of Guaranteed Swap Agreements, Cash Management Services (as defined in the Guarantee Agreement) and the Overdraft Line. 
  

 18 

 “Domestic Subsidiary” shall mean any Subsidiary that is not a Foreign Subsidiary or a
Qualified CFC Holding Company. 
 “EBITDA” shall mean, with respect to Intermediate Holdings and the Subsidiaries on a
consolidated basis for any period, the Consolidated Net Income of Intermediate Holdings and the Subsidiaries for such period plus (a) the sum of (in each case without duplication and to the extent the respective amounts described in
subclauses (i) through (vii) of this clause (a) reduced such Consolidated Net Income (and were not excluded therefrom) for the respective period for which EBITDA is being determined): 
 (i) provision for Taxes based on income, profits or capital of Intermediate Holdings and the Subsidiaries for such period, including
state, franchise and similar taxes, 
 (ii) Interest Expense of Intermediate Holdings and the Subsidiaries for such period
(net of interest income of Intermediate Holdings and its Subsidiaries for such period), 
 (iii) depreciation and amortization
expenses of Intermediate Holdings and the Subsidiaries for such period, 
 (iv) business optimization expenses and other
restructuring charges (which, for the avoidance of doubt, shall include the effect of inventory optimization programs, plant closure, retention, severance, systems establishment costs and excess pension charges); provided, that with respect
to each business optimization expense or other restructuring charge, Intermediate Holdings shall have delivered to the Administrative Agent an officers’ certificate specifying and quantifying such expense or charge, 
 (v) any other non-cash charges; provided, that, for purposes of this subclause (v) of this clause (a), any non-cash
charges or losses shall be treated as cash charges or losses in any subsequent period during which cash disbursements attributable thereto are made, 
 (vi) the amount of management, consulting, monitoring, transaction and advisory fees and related expenses paid to the Fund or any Fund Affiliates (or any accruals related to such fees and related expenses) during such
period; provided, that such amount shall not exceed in any four quarter period the sum of (i) the greater of $6.0 million and 1.5% of EBITDA for such four quarter period, plus (ii) the amount of deferred fees (to the
extent such fees would otherwise have been permitted to be included in clause (i) if paid, but were not included in such clause (i)), plus (iii) 2.00% of the value of transactions permitted hereunder and entered into by the
Borrowers or any of the Subsidiaries with respect to which the Fund or any Fund Affiliates provides any of the aforementioned types of services, and 
 (vii) non-operating expenses. 
 minus (b) the sum of (without duplication and to the extent the amounts
described in this clause (b) increased such Consolidated Net Income for the respective period for which EBITDA 

  

 19 

 
is being determined) non-cash items increasing Consolidated Net Income of Intermediate Holdings and the Subsidiaries for such period (but excluding any such
items (A) in respect of which cash was received in a prior period or will be received in a future period or (B) which represent the reversal of any accrual of, or cash reserve for, anticipated cash charges in any prior period). 

EBITDA shall be deemed to be (a) $103.0 million for the fiscal quarter ended December 31, 2005, (b) $96.8 million for the fiscal
quarter ended March 31, 2006, (c) $112.0 million for the fiscal quarter ended June 30, 2006, and (d) $100.7 million for the fiscal quarter ended September 30, 2006. 
 “EMU Legislation” shall mean the legislative measures of the European Council for the introduction of, changeover to or operation of a
single or unified European currency. 
 “Enterprise Value” shall mean the sum of the Cash Consideration, the aggregate
principal amount of the Holdings PIK Note and the Transaction Costs. 
 “environment” shall mean ambient and indoor air,
surface water and groundwater (including potable water, navigable water and wetlands), the land surface or subsurface strata, natural resources such as flora and fauna, the workplace or as otherwise defined in any Environmental Law. 
 “Environmental Laws” shall mean all applicable laws (including common law), rules, regulations, codes, ordinances, orders, decrees,
treaties, directives, judgments or legally binding agreements promulgated or entered into by or with any Governmental Authority, relating in any way to the environment, preservation or reclamation of natural resources, the generation, management,
Release or threatened Release of, or exposure to, any Hazardous Material or to health and safety matters (to the extent relating to the environment or Hazardous Materials). 
 “Equity Contribution” shall mean, in connection with the consummation of the Acquisition, collectively, (i) the contribution by
(A) the Fund and the Fund Affiliates and (B) the Management Group, directly or indirectly, of cash in the form of common equity and/or preferred equity to Holdings in an aggregate amount of not less than $450.0 million, (ii) the
rollover by the Seller of existing equity in Holdings in an amount not less than $50.0 million, which existing equity shall take the form of the Acquiror Shares (as defined in the Acquisition Agreement) and the Holdings Warrants, and
(iii) the issuance by Holdings of the UBS Preferred Stock with a total liquidation preference of $50,000. 
 “Equity
Interests” of any person shall mean any and all shares, interests, rights to purchase or otherwise acquire, warrants, options, participations or other equivalents of or interests in (however designated) equity or ownership of such person,
including any preferred stock, any limited or general partnership interest and any limited liability company membership interest, and any securities or other rights or interests convertible into or exchangeable for any of the foregoing. 

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as the same may be amended from time to time and any final
regulations promulgated thereunder. 
  

 20 

 “ERISA Affiliate” shall mean any trade or business (whether or not incorporated) that,
together with Intermediate Holdings or any Subsidiary, is treated as a single employer under Section 414(b) or (c) of the Code, or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single
employer under Section 414 of the Code. 
 “ERISA Event” shall mean (a) any Reportable Event or the requirements
of Section 4043(b) of ERISA apply with respect to a Plan; (b) the existence with respect to any Plan of an “accumulated funding deficiency” (as defined in Section 412 of the Code or Section 302 of ERISA) and, on and
after the effectiveness of the Pension Act, any failure by any Plan to satisfy the minimum funding standards (within the meaning of Section 412 of the Code or Section 302 of ERISA) applicable to such Plan, whether or not waived;
(c) the filing pursuant to Section 412 of the Code or Section 303 of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan, the failure to make by its due date a required installment under
Section 412(m) of the Code with respect to any Plan or the failure to make any required contribution to a Multiemployer Plan; (d) the incurrence by Intermediate Holdings, a Subsidiary or any ERISA Affiliate of any liability under
Title IV of ERISA with respect to the termination of any Plan or Multiemployer Plan; (e) on and after the effectiveness of the Pension Act, a determination that any Plan is, or is expected to be, in “at-risk” status (within the
meaning of Section 303(i)(4(a) of ERISA or Section 430(i)(4)(A) of the Code); (f) the receipt by Intermediate Holdings, a Subsidiary or any ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention
to terminate any Plan or to appoint a trustee to administer any Plan under Section 4042 of ERISA; (g) the incurrence by Intermediate Holdings, a Subsidiary or any ERISA Affiliate of any liability with respect to the withdrawal or partial
withdrawal from any Plan or Multiemployer Plan; (h) the receipt by Intermediate Holdings, a Subsidiary or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from Intermediate Holdings, a Subsidiary or any ERISA
Affiliate of any notice, concerning the impending imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization, within the meaning of Title IV of ERISA (or, after the
effectiveness of the Pension Act, that a Multiemployer Plan is in endangered or critical status within the meaning of Section 305 of ERISA); (i) the conditions for imposition of a lien under Section 302(f) of ERISA shall have been met
with respect to any Plan; or (j) the adoption of an amendment to a Plan requiring the provision of security to such Plan pursuant to Section 307 of ERISA. 
 “euro” shall mean the lawful currency of the Participating Member States introduced in accordance with the EMU Legislation. 
 “EURO LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing denominated in euro, for any Interest Period, the offered rate
for deposits in euros in the European interbank market for the relevant Interest Period that is determined by the Banking Federation of the European Union, and displayed on the appropriate page of the Telerate Screen, at or about 11:00 am (Brussels
time) on the relevant quotation date for the delivery of euros on the first day of the relevant Interest Period; provided that, to the extent that an interest rate is not ascertainable pursuant to the foregoing provisions of this definition,
the “EURO LIBO Rate” shall be the interest rate per annum determined by the Administrative Agent to be the average of the rates per annum at which deposits in euro are offered for a maturity comparable to such relevant Interest
Period to major banks in the London interbank market in London, England by 

  

 21 

 
the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two Business Days prior to the beginning of such Interest Period.

 “Eurocurrency Borrowing” shall mean a Borrowing comprised of Eurocurrency Loans. 
 “Eurocurrency Loan” shall mean any Eurocurrency Revolving Loan or Eurocurrency Term Loan. 
 “Eurocurrency Revolving Facility Borrowing” shall mean a Borrowing comprised of Eurocurrency Revolving Loans. 
 “Eurocurrency Revolving Loan” shall mean any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted
LIBO Rate in accordance with the provisions of Article II. 
 “Eurocurrency Term Loan” shall mean any Term Loan bearing
interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II. 
 “Euro
One-Time Swingline Commitment” shall mean the commitment of the Euro Swingline Lender to make One-Time Swingline Loans to the German Borrower pursuant to Section 2.04, expressed as an amount representing the maximum aggregate permitted
amount of One-Time Swingline Loans to the German Borrower. The aggregate amount of the Euro One-Time Swingline Commitment is $60.0 million less the aggregate principal amount of One-Time Swingline Loans, if any, made to the U.S. Borrower on
the One-Time Swingline Borrowing Date. The Euro One-Time Swingline Commitment shall terminate on the earlier of (a) 5:00 p.m., New York City time, on the day that is 45 days after the Closing Date and (b) the One-Time Swingline
Borrowing Date. 
 “Euro Swingline Commitment” shall mean the commitment of the Euro Swingline Lender to make Revolving
Swingline Loans to the German Borrower pursuant to Section 2.04, expressed as an amount representing the maximum aggregate permitted amount of Revolving Swingline Loans to the German Borrower. The aggregate amount of the Euro Swingline
Commitment on the Closing Date is $25,000,000. 
 “Euro Swingline Lender” shall mean JPMCB, in its capacity as lender of
Euro Swingline Loans hereunder. 
 “Euro Swingline Loan” shall mean a Swingline Loan denominated in euro and made to the
German Borrower pursuant to Section 2.04. 
 “Euro Swingline Rate” shall mean, with respect to any Euro Swingline Loan,
for any day, a rate per annum equal to such rate as the Euro Swingline Lender shall determine adequately reflects the costs to the Euro Swingline Lender of making or maintaining such Euro Swingline Loan on such day plus 1.00% per annum.

 “Event of Default” shall have the meaning assigned to such term in Section 7.01. 
  

 22 

 “Excess Cash Flow” shall mean, with respect to Intermediate Holdings and the
Subsidiaries on a consolidated basis for any Applicable Period, EBITDA of Intermediate Holdings and the Subsidiaries on a consolidated basis for such Applicable Period, minus, without duplication, 
 (a) Debt Service for such Applicable Period, 
 (b) the amount of any voluntary prepayment of Term Loans (other than amounts applied to reduce the amount of Excess Cash Flow required to be used to repay Term Loans pursuant to Section 2.11(c)) during such
Applicable Period, so long as the amount of such prepayment is not already reflected in Debt Service, 
 (c) (i) Capital
Expenditures by Intermediate Holdings and the Subsidiaries on a consolidated basis during such Applicable Period that are paid in cash (to the extent permitted under this Agreement) and (ii) the aggregate consideration paid in cash during the
Applicable Period in respect of Permitted Business Acquisitions and other Investments permitted hereunder less any amounts received in respect thereof as a return of capital, 
 (d) Capital Expenditures that Intermediate Holdings or any Subsidiary shall, during such Applicable Period, become obligated to make but
that are not made during such Applicable Period (to the extent permitted under this Agreement); provided, that (i) Intermediate Holdings shall deliver a certificate to the Administrative Agent not later than 90 days after the end of
such Applicable Period, signed by a Responsible Officer of Intermediate Holdings and certifying that such Capital Expenditures and the delivery of the related equipment will be made in the following Applicable Period, and (ii) any amount so
deducted shall not be deducted again in a subsequent Applicable Period, 
 (e) Taxes paid in cash by Intermediate Holdings and
its Subsidiaries on a consolidated basis during such Applicable Period or that will be paid within six months after the close of such Applicable Period; provided, that with respect to any such amounts to be paid after the close of such
Applicable Period, (i) any amount so deducted shall not be deducted again in a subsequent Applicable Period, and (ii) appropriate reserves shall have been established in accordance with GAAP, 
 (f) an amount equal to any increase in Working Capital of Intermediate Holdings and the Subsidiaries for such Applicable Period,

 (g) cash expenditures made in respect of Swap Agreements during such Applicable Period, to the extent not reflected in the
computation of EBITDA or Interest Expense, 
 (h) permitted dividends or distributions or repurchases of its Equity Interests
paid in cash by Intermediate Holdings during such Applicable Period and permitted dividends paid by any Subsidiary to any person other than Intermediate Holdings or any of the Subsidiaries during such Applicable Period, in each case in accordance
with Section 6.06 (other than Section 6.06(e)), 
  

 23 

 (i) amounts paid in cash during such Applicable Period on account of (A) items that
were accounted for as noncash reductions of Net Income in determining Consolidated Net Income or as noncash reductions of Consolidated Net Income in determining EBITDA of Intermediate Holdings and the Subsidiaries in a prior Applicable Period and
(B) reserves or accruals established in purchase accounting, 
 (j) to the extent not deducted in the computation of Net
Proceeds in respect of any asset disposition or condemnation giving rise thereto, the amount of any mandatory prepayment of Indebtedness (other than Indebtedness created hereunder or under any other Loan Document), together with any interest,
premium or penalties required to be paid (and actually paid) in connection therewith, and 
 (k) the aggregate amount of items
that were added to or not deducted from Net Income in calculating Consolidated Net Income or were added to or not deducted from Consolidated Net Income in calculating EBITDA to the extent such items represented a cash payment (which had not reduced
Excess Cash Flow upon the accrual thereof in a prior Applicable Period), or an accrual for a cash payment, by Intermediate Holdings and the Subsidiaries or did not represent cash received by Intermediate Holdings and the Subsidiaries, in each case
on a consolidated basis during such Applicable Period, 
 plus, without duplication, 
 (a) an amount equal to any decrease in Working Capital for such Applicable Period, 
 (b) all amounts referred to in clauses (b), (c), (d) and (h) above to the extent funded with the proceeds of the issuance
or the incurrence of Indebtedness (including Capital Lease Obligations and purchase money Indebtedness, but excluding, solely as relating to Capital Expenditures, proceeds of Revolving Facility Loans), the sale or issuance of any Equity Interests
(including any capital contributions) and any loss, damage, destruction or condemnation of, or any sale, transfer or other disposition (including any sale and leaseback of assets and any mortgage or lease of Real Property) to any person of any asset
or assets, in each case to the extent there is a corresponding deduction from Excess Cash Flow above, 
 (c) to the extent any
permitted Capital Expenditures referred to in clause (d) above and the delivery of the related equipment do not occur in the following Applicable Period of Intermediate Holdings specified in the certificate of Intermediate Holdings provided
pursuant to clause (d) above, the amount of such Capital Expenditures that were not so made in such following Applicable Period, 
 (d) cash payments received in respect of Swap Agreements during such Applicable Period to the extent (i) not included in the computation of EBITDA or (ii) such payments do not reduce Cash Interest Expense,

  

 24 

 (e) any extraordinary or nonrecurring gain realized in cash during such Applicable Period
(except to the extent such gain consists of Net Proceeds subject to Section 2.11(b)), 
 (f) to the extent deducted in
the computation of EBITDA, cash interest income, and 
 (g) the aggregate amount of items that were deducted from or not added
to Net Income in connection with calculating Consolidated Net Income or were deducted from or not added to Consolidated Net Income in calculating EBITDA to the extent either (i) such items represented cash received by Intermediate Holdings or
any Subsidiary or (ii) such items do not represent cash paid by Intermediate Holdings or any Subsidiary, in each case on a consolidated basis during such Applicable Period. 
 “Excess Cash Flow Interim Period” shall mean, (x) during any Excess Cash Flow Period, any one-, two-, or three-quarter period
(a) commencing on the day following the end of the most recently ended Excess Cash Flow Period and (b) ending on the last day of the most recently ended fiscal quarter (other than the last day of the fiscal year) during such Excess Cash
Flow Period for which financial statements are available and (y) during the period from the Closing Date until the beginning of the first Excess Cash Flow Period, any period commencing on the Closing Date and ending on the last day of the most
recently ended fiscal quarter for which financial statements are available. 
 “Excess Cash Flow Period” shall mean any of
(i) the two-quarter period ended December 31, 2007 and (ii) each fiscal year of Intermediate Holdings, commencing with the fiscal year of Intermediate Holdings ending on December 31, 2008, as the context may require;
provided, that for purposes of determining the Cumulative Retained Excess Cash Flow Amount, the periods, each taken as a single accounting period, (x) beginning on January 1, 2006 and ending on December 31, 2006 and
(y) beginning on January 1, 2007 and ending on December 31, 2007 shall each be deemed to be an Excess Cash Flow Period. 
 “Excess Credit-Linked Deposits” shall mean, at any time, the amount by which the total Credit-Linked Deposits of all Synthetic L/C Lenders at such time exceeds the Synthetic L/C Exposure at such time. The Excess
Credit-Linked Deposit of any Synthetic L/C Lender at any time shall mean its Pro Rata Share of the Excess Credit-Linked Deposits at such time. 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 
 “Excluded
Indebtedness” shall mean all Indebtedness permitted to be incurred under Section 6.01. 
 “Excluded Taxes”
shall mean, with respect to the Administrative Agent, any Lender, any Issuing Bank or any other recipient of any payment to be made by or on account of any obligation of any Borrower hereunder, (a) any income taxes imposed on (or measured by)
its net income (or franchise taxes imposed in lieu of net income taxes) by the United States of America or the Federal Republic of Germany (or any political subdivision, state or locality of any of them) or the jurisdiction under the laws of which
such recipient is organized or in which its principal office is located or, in the case of any Lender, in which its applicable lending office 

  

 25 

 
is located or any other jurisdiction as a result of such recipient engaging in a trade or business in (or being resident in) such jurisdiction for tax
purposes (provided that no such person shall be deemed to be located or engaged in a trade or business in the United States or the Federal Republic of Germany solely as a result of lending under this Agreement), (b) any branch profits tax or
any similar tax that is imposed by any jurisdiction described in clause (a) above, and any taxes imposed by the Federal Republic of Germany on a Lender on the basis of sec. 50a para. 7 German Income Tax Act by way of deduction at the source of
the relevant income if such withholding tax assessment is caused by the Lender’s failure to comply with its Tax obligations in Germany (such Lender being obliged to declare in good faith and on the basis of reasonable inquiries if it has
complied with its Tax obligations), (c) in the case of a Lender making a Loan to any Borrower, any tax (including any backup withholding tax or other tax required to be deducted or withheld at source) that (x) is in effect and would apply
to amounts payable hereunder to such Lender at the time such Lender becomes a party to such Loan to such Borrower (or designates a new lending office) (or, in the case of taxes that would be payable on the basis of the Loans being secured by German
real estate (for the avoidance of doubt, including such taxes imposed on the basis of section 50a para 7 German Income Tax Act), notwithstanding that no Loans will be secured by German real estate as of the Closing Date, and whether or not any Loans
are secured by German real estate at the time such Lender becomes a party to such Loan, any such tax that is in effect and would apply to amounts payable hereunder to such Lender at the later of (i) the time such Lender becomes a party to such
Loan to such Borrower (or designates a new lending office) or (ii) the time such Loan is secured by such German real estate), except to the extent that the assignor to such Lender in the case of an assignment or the Lender in the case of a
designation of a new lending office (for the absence of doubt, other than the lending office at the time such Lender becomes a party to such Loan) was entitled, at the time of such assignment or designation of a new lending office, respectively, to
receive additional amounts from a Loan Party with respect to any withholding tax pursuant to Section 2.17(a) or Section 2.17(c) or (y) is attributable to such Lender’s failure to comply with Section 2.17(e) or (f) with
respect to such Loan and (d) any taxes that are imposed as a result of any event occurring after the Lender becomes a Lender (other than an event described in clause (a) or (b) of the definition of Change in Law and other than as a
result of any actions taken by a Loan Party) in the case of clause (a), (b), (c) and (d), together with any and all interest and penalties related thereto. 
 “Existing Letters of Credit” shall mean those Letters of Credit issued and outstanding as of the date hereof set forth on Schedule 1.01(c). 
 “Facility” shall mean any of (a) the Term Facility, (b) the Revolving Credit Facility and (c) the Synthetic L/C Facility,
as the context may require. 
 “Federal Funds Effective Rate” shall mean, for any day, the rate per annum equal to the
weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding
such day; provided that (a) if such day is not a Business Day, the Federal Funds Effective Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day,
and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Effective Rate for such day shall be the average rate (rounded 

  

 26 

 
upward, if necessary, to a whole multiple of 1/100 of 1%) charged to JPMCB on such day on such transactions as determined by the Administrative Agent.

 “Fees” shall mean the Commitment Fees, the L/C Participation Fees, the Issuing Bank Fees and the Administrative Agent
Fees. 
 “Financial Officer” of any person shall mean the Chief Financial Officer, principal accounting officer, Treasurer,
Assistant Treasurer or Controller of such person. 
 “Financial Performance Covenant” shall mean the covenant of
Intermediate Holdings and its Subsidiaries set forth in Section 6.11. 
 “First-Tier Subsidiary Pledge Agreement” shall
mean the First-Tier Subsidiary Pledge Agreement among the Subsidiaries party thereto and the Collateral Agent. 
 “Foreign
Collateral” shall mean all Collateral that is not U.S. Collateral. 
 “Foreign Collateral Agreement” shall mean one
or more security agreements, charges, hypothecs, mortgages or pledges with respect to the Collateral (other than Pledged Collateral or Collateral that is subject to a Mortgage) of a Foreign Subsidiary Loan Party, each in form and substance
reasonably satisfactory to the Administrative Agent. 
 “Foreign Currency” shall mean (a) in the case of Letters of
Credit, any currency reasonably acceptable to the Administrative Agent and the Issuing Bank and (b) otherwise, euro, Sterling and Swiss francs. 
 “Foreign Currency L/C Exposure” shall mean L/C Exposure related to Foreign Currency Letters of Credit. 
 “Foreign Currency Letter of Credit” shall mean any Letter of Credit denominated in a Foreign Currency. 
 “Foreign Lender” shall mean any Lender that is organized under the laws of a jurisdiction other than the United States of America, any State thereof or the District of Columbia. 
 “Foreign Lending Office” shall mean, as to any Revolving Facility Lender, the applicable branch, office or Affiliate of such Lender
designated by such Lender to make Revolving Facility Loans to the German Borrower. 
 “Foreign Loan Party” shall mean any
Loan Party that is incorporated or organized under the laws of any jurisdiction other than the United States of America, any State thereof or the District of Columbia. 
 “Foreign Pledge Agreement” shall mean a pledge agreement with respect to the Pledged Collateral that constitutes Equity Interests of a Foreign Subsidiary, governed by the law of the jurisdiction of
organization of such Foreign Subsidiary, in form and substance reasonably satisfactory to the Administrative Agent; provided, that in no event shall more than 65% of the 

  

 27 

 
issued and outstanding voting Equity Interests of such Foreign Subsidiary be pledged to secure the Domestic Obligations. 
 “Foreign Subsidiary” shall mean any Subsidiary that is incorporated or organized, constituted or amalgamated under the laws of any
jurisdiction other than the United States of America, any State thereof or the District of Columbia. 
 “Foreign Subsidiary Loan
Party” shall mean any Subsidiary Loan Party that is a Foreign Subsidiary. 
 “Fund” shall mean Apollo Management
VI, L.P. 
 “Fund Affiliates” shall mean (i) each Affiliate of the Fund (together with the Fund, the “Apollo
Sponsors”), (ii) any individual who is a partner or employee of Apollo Management, L.P., Apollo Management IV, L.P. or Apollo Management V, L.P. and (iii) any person that forms a group (within the meaning of Section 13(d)(3) or
Section 14(d)(2) of the Exchange Act, or any successor provision) with any Apollo Sponsor, provided, in the case of this clause (iii), that any Apollo Sponsor (x) owns a majority of the voting power and (y) controls a majority of the
Board of Directors of Intermediate Holdings. 
 “Fund Termination Fees” shall have the meaning specified in
Section 6.07(b)(xiv). 
 “GAAP” shall mean generally accepted accounting principles in effect from time to time in the
United States, applied on a consistent basis, subject to the provisions of Section 1.02; provided that any reference to the application of GAAP in Sections 3.13(b), 3.20, 5.03, 5.07 and 6.02(e) to a Foreign Subsidiary (and not as a
consolidated Subsidiary of Intermediate Holdings) shall mean generally accepted accounting principles in effect from time to time in the jurisdiction of organization of such Foreign Subsidiary. 
 “GaN Business” shall mean the assets and activities of Intermediate Holdings and its Subsidiaries relating primarily to the development
and production of gallium nitride, including through joint ventures. 
 “GECC” shall mean General Electric Capital
Corporation. 
 “Governmental Authority” shall mean any federal, state, provincial, territorial, municipal, local or foreign
court or governmental agency, authority, instrumentality or regulatory or legislative body. 
 “Guarantee” of or by any
person (the “guarantor”) shall mean (a) any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation of any other person (the
“primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such
Indebtedness or other obligation (whether arising by virtue of partnership arrangements, by agreement to keep well, to purchase assets, goods, securities or services, to take-or-pay or otherwise) or to purchase (or to advance or supply funds for the
purchase of) any security for the 

  

 28 

 
payment of such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the owner of
such Indebtedness or other obligation of the payment thereof, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such
Indebtedness or other obligation, (iv) entered into for the purpose of assuring in any other manner the holders of such Indebtedness or other obligation of the payment thereof or to protect such holders against loss in respect thereof (in whole
or in part) or (v) as an account party in respect of any letter of credit, bank guarantee or other letter of guaranty issued to support such Indebtedness or other obligation, or (b) any Lien on any assets of the guarantor securing any
Indebtedness (or any existing right, contingent or otherwise, of the holder of Indebtedness to be secured by such a Lien) of any other person, whether or not such Indebtedness or other obligation is assumed by the guarantor; provided,
however, the term “Guarantee” shall not include endorsements of instruments for deposit or collection in the ordinary course of business or customary and reasonable indemnity obligations in effect on the Closing Date or entered into
in connection with any acquisition or disposition of assets permitted by this Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable
amount of the Indebtedness in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such person is required to perform thereunder) as determined by such
person in good faith. 
 “Guaranteed Swap Agreement” shall mean any Swap Agreement that (i) is in effect on the Closing
Date with a counterparty that is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent as of the Closing Date or (ii) is entered into after the Closing Date with any counterparty that is a Lender or the
Administrative Agent or an Affiliate of a Lender or the Administrative Agent at the time such Swap Agreement is entered into. 
 “Guarantee Agreement” shall mean the Guarantee Agreement, in the form of Exhibit E, among the Loan Parties and the Collateral Agent. 
 “guarantor” shall have the meaning assigned to such term in the definition of the term “Guarantee.” 
 “Hazardous Materials” shall mean all pollutants, contaminants, wastes, chemicals, materials, substances and constituents, including explosive or radioactive substances or petroleum or petroleum
distillates, asbestos or asbestos containing materials, polychlorinated biphenyls or radon gas, of any nature subject to regulation or which can give rise to liability under any Environmental Law. 
 “Holdings” shall have the meaning assigned to such term in the introductory paragraph of this Agreement. 
 “Holdings PIK Note” shall have the meaning assigned to such term in the first recital hereto. 
  

 29 

 “Holdings Warrants” shall have the meaning assigned to such term in the first recital
hereto. 
 “Immaterial Subsidiary” shall mean any Subsidiary (other than (i) the Borrowers and (ii) Japan
Acquisition Co.) that, as of the last day of the fiscal quarter of Intermediate Holdings most recently ended, (a) did not have assets with a value in excess of 5.0% of the Consolidated Total Assets or revenues representing in excess of 5.0% of
total revenues of Intermediate Holdings and the Subsidiaries on a consolidated basis as of such date and (b) when taken together with all other Immaterial Subsidiaries as of such date, did not have assets with a value in excess of 10.0% of the
Consolidated Total Assets or revenues representing in excess of 10.0% of total revenues of Intermediate Holdings and the Subsidiaries on a consolidated basis as of such date. 
 “Increased Amount Date” shall have the meaning assigned to such term in Section 2.21. 
 “Incremental Amount” shall mean, at any time, the excess, if any, of (a) $300.0 million over (b) the aggregate
amount of all Incremental Term Loan Commitments, Incremental Revolving Facility Commitments and Incremental Synthetic L/C Commitments established prior to such time pursuant to Section 2.21. 
 “Incremental Assumption Agreement” shall mean an Incremental Assumption Agreement in form and substance reasonably satisfactory to the
Administrative Agent, among any Borrower, the Administrative Agent and one or more Incremental Term Lenders, Incremental Revolving Facility Lenders or Incremental Synthetic L/C Lenders, as the case may be. 
 “Incremental Commitment” shall mean any Incremental Term Loan Commitment, Incremental Revolving Facility Commitment or Incremental
Synthetic L/C Commitment, as the context may require. 
 “Incremental Lender” shall mean any Incremental Term Lender,
Incremental Revolving Facility Lender or Incremental Synthetic L/C Lender, as the context may require. 
 “Incremental Revolving
Facility Commitment” shall mean any increased or incremental Revolving Facility Commitment provided pursuant to Section 2.21. 
 “Incremental Revolving Facility Lender” shall mean a Lender with a Revolving Facility Commitment or an outstanding Revolving Facility Loan as a result of an Incremental Revolving Facility Commitment. 
 “Incremental Term Facility” shall mean the Incremental Term Loan Commitments and the Incremental Term Loans made hereunder. 

“Incremental Term Facility Lender” shall mean a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term
Loan. 
  

 30 

 “Incremental Term Facility Maturity Date” shall mean, with respect to any series or
tranche of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the maturity date for such Incremental Term Loans as set forth in such Incremental Assumption Agreement. 
 “Incremental Term Loan Commitment” shall mean the commitment of any Lender, established pursuant to Section 2.21, to make
Incremental Term Loans to the German Borrower. 
 “Incremental Term Loan Installment Date” shall have, with respect to any
series or tranche of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(b)(iii). 
 “Incremental Term Loans” shall mean Term Loans made by one or more Lenders to the German Borrower pursuant to Section 2.01(d). Incremental Term Loans may be made in the form of additional Term B
Loans or, to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption Agreement, Other Term Loans. 
 “Indebtedness” of any person shall mean, without duplication, (a) all obligations of such person for borrowed money, (b) all obligations of such person evidenced by bonds, debentures, notes or similar instruments,
(c) all obligations of such person under conditional sale or other title retention agreements relating to property or assets purchased by such person, (d) all obligations of such person issued or assumed as the deferred purchase price of
property or services, to the extent that the same would be required to be shown as a long term liability on a balance sheet prepared in accordance with GAAP, (e) all Capital Lease Obligations of such person, (f) all net payments that such
person would have to make in the event of an early termination, on the date Indebtedness of such person is being determined, in respect of outstanding Swap Agreements, (g) the principal component of all obligations, contingent or otherwise, of
such person as an account party in respect of letters of credit and bank guarantees, (h) the principal component of all obligations of such person in respect of bankers’ acceptances, (i) all Guarantees by such person of Indebtedness
described in clauses (a) to (h) above and (j) the amount of all obligations of such person with respect to the redemption, repayment or other repurchase of any Disqualified Stock (excluding accrued dividends that have not increased
the liquidation preference of such Disqualified Stock); provided, that Indebtedness shall not include (A) trade payables, accrued expenses and intercompany current liabilities arising in the ordinary course of business, (B) prepaid
or deferred revenue arising in the ordinary course of business, (C) purchase price holdbacks arising in the ordinary course of business in respect of a portion of the purchase price of an asset to satisfy unperformed obligations of the seller
of such asset or (D) earn-out obligations until such obligations become a liability on the balance sheet of such person in accordance with GAAP. The Indebtedness of any person shall include the Indebtedness of any partnership in which such
person is a general partner, other than to the extent that the instrument or agreement evidencing such Indebtedness expressly limits the liability of such person in respect thereof. To the extent not otherwise included, Indebtedness shall include
the amount of any Receivables Net Investment. 
 “Indemnified Taxes” shall mean all Taxes other than Excluded Taxes.

  

 31 

 “Indemnitee” shall have the meaning assigned to such term in Section 9.05(b).

 “Ineligible Institution” shall mean any of the persons identified in writing to the Administrative Agent by the Borrowers
on the Closing Date, and as may be identified in writing to the Administrative Agent by the Borrowers from time to time thereafter, with the written consent of the Administrative Agent, by delivery of a notice thereof to the Administrative Agent
setting forth such person or persons (or the person or persons previously identified to the Administrative Agent that are to be no longer considered “Ineligible Institutions”). 
 “Information” shall have the meaning assigned to such term in Section 3.14(a). 
 “Information Memorandum” shall mean the Confidential Information Memorandum dated November 2006, as modified or supplemented prior to
the Closing Date. 
 “Intellectual Property Rights” shall have the meaning assigned to such term in Section 3.23.

 “Interest Election Request” shall mean a request by a Borrower to convert or continue Revolving Facility Borrowing in
accordance with Section 2.07. 
 “Interest Expense” shall mean, with respect to any person for any period, the sum of
(a) gross interest expense of such person for such period on a consolidated basis, including (i) the amortization of debt discounts, (ii) the amortization of all fees (including fees with respect to Swap Agreements) payable in
connection with the incurrence of Indebtedness to the extent included in interest expense and (iii) the portion of any payments or accruals with respect to Capital Lease Obligations allocable to interest expense, (b) capitalized interest
of such person and (c) commissions, discounts, yield and other fees and charges incurred in connection with any Permitted Receivables Financing which are payable to any person other than Intermediate Holdings, a Borrower or a Subsidiary Loan
Party. For purposes of the foregoing, gross interest expense shall be determined after giving effect to any net payments made or received and costs incurred by Intermediate Holdings and the Subsidiaries with respect to Swap Agreements. 

“Interest Payment Date” shall mean, (a) with respect to any Eurocurrency Loan, the last day of the Interest Period applicable to
the Borrowing of which such Loan is a part and, in the case of a Eurocurrency Borrowing with an Interest Period of more than three months’ duration, each day that would have been an Interest Payment Date had successive Interest Periods of three
months’ duration been applicable to such Borrowing and, in addition, the date of any refinancing or conversion of such Borrowing with or to a Borrowing of a different Type, (b) with respect to any ABR Loan (other than a Swingline Loan) the
last Business Day of each March, June, September and December and (c) with respect to any Swingline Loan, the day that such Swingline Loan is required to be repaid pursuant to Section 2.09(a). 
 “Interest Period” shall mean (a) as to any Eurocurrency Borrowing, the period commencing on the date of such Borrowing or on the
last day of the immediately preceding Interest Period applicable to such Borrowing, as applicable, and ending on the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) in the calendar month that is 1,
2, 3 or 6 months thereafter (or 9 or 12 months, if at the time of the relevant Borrowing, all relevant Lenders consent to such interest periods), as the Borrower may 

  

 32 

 
elect, or the date any Eurocurrency Borrowing is converted to an ABR Borrowing in accordance with Section 2.07 or repaid or prepaid in accordance with
Section 2.09, 2.10 or 2.11 and (b) as to any Swingline Borrowing made by the German Borrower, the period commencing on the date of such Borrowing and ending on the day that is designated in the notice delivered pursuant to
Section 2.04 with respect to such Swingline Borrowing, which shall not be later than the first date after such Swingline Loan is to be made that is the 15th or last day of a calendar month and is at least one Business Day after such Swingline
Loan is made; provided, however, that if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall
in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day. Interest shall accrue from and including the first day of an Interest Period to but excluding the last day of such Interest Period.

 “Intermediate Holdings” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

 “Investment” shall have the meaning assigned to such term in Section 6.04. 
 “Investor Preferred Stock” shall have the meaning assigned to such term in Section 4.02(f) of this Agreement. 
 “Issuing Bank” shall mean JPMCB and each other Lender designated pursuant to Section 2.05(k), in each case in its capacity as an
issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.05(i). An Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in
which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate. 
 “Issuing Bank Fees” shall have the meaning assigned to such term in Section 2.12(b). 
 “Japan
Acquisition Co.” shall mean Momentive Performance Materials Japan GK, a company organized under the laws of Japan. 
 “Japanese Intercompany Note” shall mean the intercompany note issued by Japan Acquisition Co. to Intermediate Holdings on the Closing Date in an aggregate principal amount of approximately $900,000,000. 
 “Japanese Subsidiary” shall mean any Subsidiary organized and existing under the laws of Japan. 
 “JPMCB” shall mean JPMorgan Chase Bank, N.A. 
 “Junior Financing” shall have the meaning assigned to such term in Section 6.09(b). 
 “L/C Disbursement” shall mean a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit. The amount of any L/C/ Disbursement made by an Issuing 

  

 33 

 
Bank in a Foreign Currency and not reimbursed by the German Borrower shall be determined as set forth in paragraph (e) or (m) of Section 2.05,
as applicable. 
 “L/C Exposure” shall mean, at any time, the sum, without duplication, of the Revolving L/C Exposure and
the Synthetic L/C Exposure at such time. 
 “L/C Participation Fee” shall have the meaning assigned such term in
Section 2.12(b). 
 “Lender” shall mean each financial institution listed on Schedule 2.01, as well as any
person that becomes a “Lender” hereunder pursuant to Section 9.04. For the avoidance of doubt, the term “Lender” includes the Swingline Lender. 
 “Lender Default” shall mean (i) the refusal (which has not been retracted) of a Lender to make available its portion of any Borrowing, to acquire participations in a Swingline Loan pursuant to
Section 2.04 or to fund its portion of any unreimbursed payment under Section 2.05(e), or (ii) a Lender having notified a Borrower and/or the Administrative Agent in writing that it does not intend to comply with its obligations under
Section 2.04, 2.05 or 2.06. 
 “Letter of Credit” shall mean any letter of credit issued pursuant to Section 2.05,
including any Foreign Currency Letter of Credit. Each Existing Letter of Credit shall be deemed to constitute a Letter of Credit issued hereunder on the Closing Date for all purposes of the Loan Documents. 
 “LIBO Rate” shall mean, with respect to any Eurocurrency Borrowing denominated in a currency other than euro for any Interest Period,
the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”) for the relevant interest period, as published by Bloomberg (or other commercially available source providing quotations of BBA LIBOR as designated
by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for deposits in the currency of the applicable Eurocurrency Borrowing (for delivery on
the first day of such Interest Period) with a term equivalent to such Interest Period; provided, that if such rate is not available at such time for any reason, then the “LIBO Rate” for such Interest Period shall be the rate per
annum determined by the Administrative Agent to be the rate at which deposits in the currency of the applicable Eurocurrency Borrowing for delivery on the first day of such Interest Period in same day funds in the approximate amount of the
Eurocurrency Rate Loan being made, continued or converted by JPMCB and with a term equivalent to such Interest Period would be offered by JPMCB’s London Branch to major banks in the London interbank Eurocurrency market at their request at
approximately 11:00 a.m. (London time) two Business Days prior to the commencement of such Interest Period. 
 “Lien”
shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, hypothecation, pledge, charge, security interest or similar encumbrance in or on such asset and (b) the interest of a vendor or a lessor under any conditional
sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset, provided, that in no event shall an operating lease or an agreement to
sell be deemed to constitute a Lien. 
  

 34 

 “Loan Documents” shall mean this Agreement, the Letters of Credit, the Security
Documents and any Promissory Note issued under Section 2.09(e), and solely for the purposes of Sections 4.02 and 7.01 hereof, the Administrative Fee Letter. 
 “Loan Parties” shall mean Holdings, Intermediate Holdings, the Borrowers and the Subsidiary Loan Parties. 
 “Loans” shall mean the Term B Loans, the Other Term Loans (if any), the Revolving Facility Loans and the Swingline Loans. 
 “Local Time” shall mean New York City time; provided, however, that, with respect to any notice given to or by, or any payment made to or by, the German Borrower in respect of Loans or
Letters of Credit denominated in a currency other than Dollars, “Local Time” shall mean London time. 
 “Long Term Interest
Bearing Receivables” shall mean any interest bearing receivables or other claims for payment as defined in marginal notes 20 and 37 (Textziffer) of the tax decree issued by the German Federal Ministry of Finance on 15 July 2004
(IV A 2 S 2742a 20/04) and together with marginal note 1 of the decree of the German Federal Ministry of Finance of 22 July 2005 (IV B 7 S 2742a 31/05) regarding the interpretation of Sec. 8 a German Income Corporate Tax Act
(Körperschaftsteuergesetzt – CITA) in conjunction with the general administration guidelines on the German Trade Tax Act (Gewerbesteuerrichtlinien) which qualify as long term according to Sec. 8 No. 1 German Trade
Tax Act (Gewerbesteuergesetz), if such interest-bearing receivable is owned by a major shareholder of a CITA Borrower within the meaning of the German thin capitalisation rules or a Related Person to such shareholder. 
 “Majority Lenders” shall mean (i) with respect to the Revolving Credit Facility at any time, Lenders under such Facility having
(a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that taken together represent more than 50% of the sum of
(w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) Revolving L/C Exposures, (y) Swingline Exposures and (z) the total Available Unused Commitments at such time, (ii) with respect to the Term
Facility, Lenders under such Facility having Term Loans outstanding that taken together represent more than 50% of the sum of all Term Loans outstanding at such time, (iii) with respect to any Tranche of the Term Facility, Lenders under such
Tranche having Term Loans outstanding under such Tranche that taken together represent more than 50% of the sum of all Term Loans outstanding under such Tranche at such time and (iv) with respect to the Synthetic L/C Facility, Synthetic L/C
Lenders having Synthetic L/C Exposure and Excess Credit-Linked Deposits that taken together represent more than 50% of the sum of the total Synthetic L/C Exposure and total Excess Credit-Linked Deposits at such time. 
 “Management Group” shall mean the group consisting of the directors, executive officers and other key management personnel of Holdings
(prior to a Qualified IPO of Intermediate Holdings), Intermediate Holdings and its Subsidiaries, as the case may be, on the Closing Date together with (a) any new directors whose election by such boards of directors or whose nomination for
election by the shareholders of Holdings (prior to a Qualified IPO of Intermediate Holdings) or Intermediate Holdings or the Subsidiaries, as the case may be, was 

  

 35 

 
approved by a vote of a majority of the directors of Holdings (prior to a Qualified IPO of Intermediate Holdings), Intermediate Holdings or a Subsidiary, as
the case may be, then still in office who were either directors on the Closing Date or whose election or nomination was previously so approved and (b) executive officers and other key management personnel of Holdings (prior to a Qualified IPO
of Intermediate Holdings) or Intermediate Holdings and its Subsidiaries, as the case may be, hired at a time when the directors on the Closing Date together with the directors so approved constituted a majority of the directors of Holdings or
Intermediate Holdings or a Subsidiary, as the case may be. 
 “Margin Stock” shall have the meaning assigned to such term in
Regulation U. 
 “Material Adverse Effect” shall mean a material adverse effect on the business, property, operations
or condition of Holdings, Intermediate Holdings and its Subsidiaries, taken as a whole, or the validity or enforceability of any of the material Loan Documents or the rights and remedies of the Administrative Agent and the Lenders thereunder;
provided, however, that solely for purposes of determining whether the condition in Section 4.01(b) has been satisfied in connection with the Credit Events on the Closing Date, any reference to “Material Adverse Effect”
in any of the representations and warranties referred to in Section 4.01(b) shall mean, “Material Adverse Effect” as defined in the Acquisition Agreement. 
 “Material Indebtedness” shall mean Indebtedness (other than Letters of Credit), in each case of any one or more of Intermediate Holdings or any Subsidiary, in an aggregate principal amount exceeding
$35.0 million. 
 “Material Subsidiary” shall mean any Subsidiary other than Immaterial Subsidiaries. 
 “Maximum Rate” shall have the meaning assigned to such term in Section 9.09. 
 “Moody’s” shall mean Moody’s Investors Service, Inc. 
 “Mortgaged Properties” shall mean the Real Properties owned in fee by the Loan Parties that are set forth on
Schedule 1.01(b) and each additional Real Property encumbered by a Mortgage pursuant to Section 5.10. 
 “Mortgages” shall mean, collectively, the mortgages, immovable hypothecs, trust deeds, deeds of trust, deeds to secure debt, assignments of leases and rents, and other security documents delivered with respect to Mortgaged
Properties, each substantially in the form of Exhibit D (with such changes or in such other form as reasonably consented to by the Administrative Agent and the applicable Loan Party to account for local law matters), as amended,
supplemented or otherwise modified from time to time. 
 “Multiemployer Plan” shall mean a multiemployer plan as defined in
Section 4001(a)(3) of ERISA to which Intermediate Holdings or any Subsidiary or any ERISA Affiliate (other than one considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Code Section 414) is making or accruing
an obligation to make contributions, or has within any of the preceding six plan years made or accrued an obligation to make contributions. 
  

 36 

 “Net Income” shall mean, with respect to any person, the net income (loss) of such
person, determined in accordance with GAAP and before any reduction in respect of preferred stock dividends. 
 “Net
Proceeds” shall mean: 
 (a) 100% of the cash proceeds actually received by any Borrower or any Subsidiary Loan Party
(including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise and including casualty insurance settlements and condemnation awards, but
only as and when received) from any Asset Sale (other than those pursuant to Section 6.05(a), (b), (c), (d) (except as contemplated by Section 6.03(b)(ii)), (e), (f), (h), (i), (j), (m), (p) or (q)), net of
(i) attorneys’ fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, required debt payments and required
payments of other obligations relating to the applicable asset to the extent such debt or obligations are secured by a Lien permitted hereunder (other than pursuant to the Loan Documents) on such asset, other customary expenses and brokerage,
consultant and other customary fees actually incurred in connection therewith, (ii) Taxes paid or payable as a result thereof, and (iii) the amount of any reasonable reserve established in accordance with GAAP against any adjustment to the
sale price or any liabilities (other than any taxes deducted pursuant to clause (i) above) (x) related to any of the applicable assets and (y) retained by any Borrower or any of the Subsidiaries including pension and other
post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations (however, the amount of any subsequent reduction of such reserve (other than in connection with a payment in respect of
any such liability) shall be deemed to be Net Proceeds of such Asset Sale occurring on the date of such reduction); provided, that, if no Event of Default exists and a Borrower shall deliver a certificate of a Responsible Officer of such
Borrower to the Administrative Agent promptly following receipt of any such proceeds setting forth such Borrower’s intention to use any portion of such proceeds (other than the Non-Reinvestment Percentage of any proceeds from a sale of the
Quartz Business pursuant to Section 6.05(r)), to acquire, maintain, develop, construct, improve, upgrade or repair assets useful in the business of such Borrower and its Subsidiaries or to make investments in Permitted Business Acquisitions, in
each case within 15 months of such receipt (such portion of the proceeds, the “Reinvestment Proceeds”), then such Reinvestment Proceeds shall not constitute Net Proceeds except to the extent not, within 15 months of such
receipt, so used or contractually committed to be so used (it being understood that if any portion of the Reinvestment Proceeds are not so used within such 15-month period but within such 15-month period are contractually committed to be used, such
proceeds shall be used within a period of three years from the receipt thereof, and, upon the termination of such contract or expiration of the three-year period, such remaining portion shall constitute Net Proceeds as of the date of such
termination or expiry without giving effect to this proviso); provided, further, that (x) no proceeds realized in a single transaction or series of related transactions shall constitute Net Proceeds unless such proceeds shall
exceed $5.0 million, (y) no proceeds shall constitute Net Proceeds in any fiscal year until the aggregate amount of all such proceeds in such 

  

 37 

 
fiscal year shall exceed $10.0 million, and (z) at any time during the three-year reinvestment period contemplated by the immediately preceding
proviso above, if, on a Pro Forma Basis after giving effect to the Asset Sale and the application of the proceeds thereof, the Senior Secured Leverage Ratio is less than or equal to 2.00 to 1.00, up to $75.0 million of such proceeds shall not
constitute Net Proceeds; and 
 (b) 100% of the cash proceeds from the incurrence, issuance or sale by any Borrower or any
Subsidiary Loan Party of any Indebtedness (other than Excluded Indebtedness), net of all taxes and fees (including investment banking fees), commissions, costs and other expenses, in each case incurred in connection with such issuance or sale.

 For purposes of calculating the amount of Net Proceeds, fees, commissions and other costs and expenses payable to any Borrower or any
Affiliate of any Borrower shall not constitute an expense that is deducted from gross proceeds, except for financial advisory fees customary in type and amount paid to Affiliates of the Fund and otherwise not prohibited from being paid hereunder.

 “Non-Consenting Lender” shall have the meaning assigned to such term in Section 2.19(c). 
 “Non-Reinvestment Percentage” shall mean, at any time, the applicable percentage set forth below under the caption
“Non-Reinvestment Percentage” and based upon the Senior Secured Leverage Ratio in effect at such time (determined on a Pro Forma Basis after giving effect to the sale of the Quartz Business and the application of the proceeds thereof):

  

			
	 Senior Secured Leverage
Ratio
	 	 Non-Reinvestment
 Percentage

	 Greater than or equal to 2.00 to
 1.00
	 	50%
	 Less than 2.00 to 1.00 and
 greater than or equal to 1.50 to
 1.00
	 	25%
	 Less than 1.50 to 1.00
	 	0%

 “Notes” shall mean the Senior Unsecured Notes and the Senior Subordinated Notes.

 “Obligations” shall mean (a) for purposes of the definition of “Domestic Obligations”,
“Obligations” as defined in the Guarantee Agreement and (b) for all other purposes in this Agreement, “Loan Document Obligations” as defined in the Guarantee Agreement. 
  

 38 

 “Offering Memorandum” shall mean the Offering Memorandum, dated November 28, 2006,
in respect of the Notes. 
 “One-Time Swingline Borrowing Date” shall mean a single date chosen by either Borrower, which
date shall not be later than the 45th day after the Closing Date, on which the One-Time Swingline Loans, if any, are made to one or more of the Borrowers pursuant to the second sentence of Section 2.04(a). 
 “One-Time Swingline Loan” shall mean the swingline loans, if any, made by the U.S. Swingline Lender to the U.S. Borrower or by the Euro
Swingline Lender to the German Borrower on the One-Time Swingline Borrowing Date pursuant to the second sentence of Section 2.04(a). 
 “Other Credit-Linked Deposits” shall have the meaning assigned to such term in Section 2.21. 
 “Other
Taxes” shall mean any and all present or future stamp or documentary taxes or any other excise, transfer, sales, property, intangible, mortgage recording or registration or similar taxes, charges or levies arising from any payment made
hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, the Loan Documents, and any and all interest and penalties related thereto (but not Excluded Taxes described in clause (a), clause (b) and, to the
extent any Borrower has reasonably requested applicable certificates and/or forms from the Lender, clause (c)(y) of the definition of Excluded Taxes and, for the avoidance of doubt, not taxes on amounts payable to Lenders hereunder that would
be imposed on Lenders as a result of the provision of German real estate as Collateral). 
 “Other Term Loans” shall have
the meaning assigned to such term in Section 2.21. 
 “Overdraft Line” shall have the meaning assigned to such term in
Section 6.01(w). 
 “Parent Entity” shall mean any direct or indirect parent of Intermediate Holdings. 
 “Participant” shall have the meaning assigned to such term in Section 9.04(c). 
 “Participating Member State” shall mean each state so described in any EMU Legislation. 
 “PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA. 
 “Pension Act” means the Pension Protection Act of 2006, as amended. 
 “Perfection Certificate” shall mean the Perfection Certificate with respect to the Borrowers and the other Loan Parties in a form
reasonably satisfactory to the Administrative Agent. 
  

 39 

 “Permitted Business Acquisition” shall mean any acquisition of all or substantially all
the assets of, or all the Equity Interests (other than directors’ qualifying shares) in, or merger or consolidation or amalgamation with, a person or division or line of business of a person (or any subsequent investment made in a person,
division or line of business previously acquired in a Permitted Business Acquisition), if immediately after giving effect thereto: (i) no Event of Default shall have occurred and be continuing or would result therefrom; (ii) all
transactions related thereto shall be consummated in accordance with applicable laws; (iii) with respect to any such acquisition or investment with a fair market value in excess of $20.0 million, Intermediate Holdings and its Subsidiaries
shall be in Pro Forma Compliance after giving effect to such acquisition or investment and any related transactions; (iv) any acquired or newly formed Subsidiary shall not be liable for any Indebtedness except for Indebtedness permitted by
Section 6.01; (v) any person acquired in such acquisition, if acquired by a Borrower or a Subsidiary Loan Party by merger, shall be merged or amalgamated into a Borrower or a Subsidiary Loan Party or, if required by Section 5.10,
become upon consummation of such acquisition a Subsidiary Loan Party, and (vi) the aggregate amount of such acquisitions and investments in assets that are not owned by the Borrowers or Subsidiary Loan Parties or in Equity Interests in persons
that are not Subsidiary Loan Parties or persons that do not become Subsidiary Loan Parties upon consummation of such acquisition shall not exceed the greater of (x) 4.50% of Consolidated Total Assets as of the end of the fiscal quarter
immediately prior to the date of such acquisition or investment for which financial statements have been delivered pursuant to Section 5.04 and (y) $202.5 million. 
 “Permitted Cure Securities” shall mean any equity securities of Holdings other than Disqualified Stock upon which all dividends or
distributions (if any) shall, prior to 91 days after the Revolving Facility Maturity Date, be payable solely in additional shares of such equity security. 
 “Permitted Holder” shall mean any of (i) the Fund and the Fund Affiliates, (ii) the Seller and its Affiliates and (iii) the Management Group and any family member of or family trust
established by a member of the Management Group. 
 “Permitted Investments” shall mean: 
 (a) direct obligations of the United States of America or any member of the European Union or any agency thereof or obligations guaranteed
by the United States of America or any member of the European Union or any agency thereof, in each case with maturities not exceeding two years; 
 (b) time deposit accounts, certificates of deposit and money market deposits maturing within 180 days of the date of acquisition thereof issued by a bank or trust company that is organized under the laws of the
United States of America, any state thereof or any foreign country recognized by the United States of America having capital, surplus and undivided profits in excess of $250 million and whose long-term debt, or whose parent holding
company’s long-term debt, is rated A (or such similar equivalent rating or higher by at least one nationally recognized statistical rating organization (as defined in Rule 436 under the Securities Act)); 
  

 40 

 (c) repurchase obligations with a term of not more than 180 days for underlying
securities of the types described in clause (a) above entered into with a bank meeting the qualifications described in clause (b) above; 
 (d) commercial paper, maturing not more than one year after the date of acquisition, issued by a corporation (other than an Affiliate of the Borrower) organized and in existence under the laws of the United States of
America or any foreign country recognized by the United States of America with a rating at the time as of which any investment therein is made of P-1 (or higher) according to Moody’s, or A-1 (or higher) according to S&P; 
 (e) securities with maturities of two years or less from the date of acquisition issued or fully guaranteed by any State, commonwealth or
territory of the United States of America, or by any political subdivision or taxing authority thereof, and rated at least A by S&P or A by Moody’s; 
 (f) shares of mutual funds whose investment guidelines restrict 95% of such funds’ investments to those satisfying the provisions of
clauses (a) through (e) above; 
 (g) money market funds that (i) comply with the criteria set forth in
Rule 2a-7 under the Investment Company Act of 1940, (ii) are rated AAA by S&P and Aaa by Moody’s and (iii) have portfolio assets of at least $5,000.0 million; and 
 (h) time deposit accounts, certificates of deposit and money market deposits (in each case with or from a bank meeting the qualifications
described in clause (b) above) in an aggregate face amount not in excess of 0.5% of the total assets of the Borrower and the Subsidiaries, on a consolidated basis, as of the end of the Borrower’s most recently completed fiscal year; and

 (i) instruments equivalent to those referred to in clauses (a) through (h) above denominated in any foreign
currency comparable in credit quality and tenor to those referred to above and commonly used by corporations for cash management purposes in any jurisdiction outside the United States to the extent reasonably required in connection with any business
conducted by any Subsidiary organized in such jurisdiction. 
 “Permitted Liens” shall have the meaning assigned to such
term in Section 6.02. 
 “Permitted Receivables Documents” shall mean all documents and agreements evidencing, relating
to or otherwise governing a Permitted Receivables Financing. 
 “Permitted Receivables Financing” shall mean one or more
transactions by a Subsidiary pursuant to which such Subsidiary may sell, convey or otherwise transfer to one or more Special Purpose Receivables Subsidiaries or to any other Person, or may grant a security interest in, any Receivables Assets
(whether now existing or arising in the future) of such Subsidiary, and any assets related thereto including all contracts and all guarantees or other obligations in respect of such Receivables Assets, the proceeds of such Receivables Assets and
other assets which are customarily transferred, or in respect of which security interests are customarily granted, in connection with sales, factoring or securitizations involving Receivables 

  

 41 

 
Assets; provided that (A) recourse to Intermediate Holdings or any Subsidiary (other than the Special Purpose Receivables Subsidiaries) in connection
with such transactions shall be limited to the extent customary for similar transactions in the applicable jurisdictions (including, to the extent applicable, in a manner consistent with the delivery of a “true sale”/”absolute
transfer” opinion with respect to any transfer by Intermediate Holdings or any Subsidiary (other than a Special Purpose Receivables Subsidiary)), (B) the aggregate Receivables Net Investment in respect of Japanese Subsidiaries outstanding
at any time shall not exceed an amount equal to the excess of (1) $80 million over (2) the sum of (x) the aggregate VAT Receivables Net Investment in respect of Japanese Subsidiaries outstanding as of such time and (y) the
aggregate Receivables Net Investment in respect of Subsidiaries other than Japanese Subsidiaries outstanding at such time, and (C) the aggregate Receivables Net Investment in respect of Subsidiaries other than Japanese Subsidiaries outstanding
at any time shall not exceed $30 million. 
 “Permitted Refinancing Indebtedness” shall mean any Indebtedness issued in
exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund (collectively, to “Refinance”), the Indebtedness being Refinanced (or previous refinancings thereof constituting Permitted
Refinancing Indebtedness); provided, that (a) the principal amount (or accreted value, if applicable) of such Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness
so Refinanced (plus unpaid accrued interest and premium thereon and underwriting discounts, fees, commissions and expenses), (b) except with respect to Section 6.01(i), (i) the weighted average life to maturity of such Permitted
Refinancing Indebtedness is not shorter than the weighted average life to maturity of the Indebtedness being Refinanced and (ii) the maturity of such Permitted Refinancing Indebtedness is not earlier than 90 days after the Revolving
Facility Maturity Date (or, if earlier, the stated maturity of the Indebtedness being Refinanced), (c) if the Indebtedness being Refinanced is subordinated in right of payment to the Obligations under this Agreement or any Guarantees thereof,
such Permitted Refinancing Indebtedness shall be subordinated in right of payment to such Obligations or such guarantees on terms at least as favorable to the Lenders as those contained in the documentation governing the Indebtedness being
Refinanced, (d) no Permitted Refinancing Indebtedness shall have different obligors, or greater guarantees or security, than the Indebtedness being Refinanced (provided that (i) Indebtedness (other than the Notes) (A) of any
Loan Party may be Refinanced to add or substitute as an obligor another Loan Party that is reasonably satisfactory to the Administrative Agent and (B) of any Subsidiary that is not a Loan Party may be Refinanced to add or substitute as an
obligor another Subsidiary that is not a Loan Party and is reasonably satisfactory to the Administrative Agent and (ii) other guarantees and security may be added to the extent then permitted under Article VI) and (e) if the Indebtedness
being Refinanced is secured by any collateral (whether equally and ratably with, or junior to, the Secured Parties or otherwise), such Permitted Refinancing Indebtedness may be secured by such collateral (including in respect of working capital
facilities of Foreign Subsidiaries otherwise permitted under this Agreement only, any collateral pursuant to after-acquired property clauses to the extent any such collateral secured the Indebtedness being Refinanced) on terms no less favorable to
the Secured Parties than those contained in the documentation (including any intercreditor agreement) governing the Indebtedness being Refinanced; provided, however, that any Lien on Collateral securing Permitted Refinancing
Indebtedness incurred pursuant to Section 6.01(b) shall be subordinated to the Liens granted under the Loan Documents and an intercreditor agreement reasonably 

  

 42 

 
satisfactory to the Administrative Agent shall be entered into providing that such new Liens will be subordinated to the Liens granted under the Loan
Documents on customary terms. 
 “person” shall mean any natural person, corporation, business trust, joint venture,
association, company, partnership, limited liability company or government, individual or family trusts, or any agency or political subdivision thereof. 
 “Plan” shall mean any employee pension benefit plan, as such term is defined in Section 3(2) of ERISA, (other than a Multiemployer Plan), (i) subject to the provisions of Title IV of
ERISA or Section 412 of the Code or Section 302 of ERISA, (ii) sponsored or maintained (at the time of determination or at any time within the five years prior thereto) by Intermediate Holdings, any Subsidiary or any ERISA Affiliate,
or (iii) in respect of which Intermediate Holdings, any Subsidiary or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of
ERISA. 
 “Platform” shall have the meaning assigned to such term in Section 9.17(b). 
 “Pledged Collateral” shall have the meaning assigned to such term in the Collateral Agreements. 
 “Pricing Grid” shall mean, with respect to the Revolving Facility Loans and Swingline Loans, the table set forth below: 
  

							
	 Senior Secured
 Leverage Ratio
	 	 Applicable Margin
 for ABR Loans
	 	 Applicable Margin for
Eurocurrency Loans and
 Euro Swingline Loans
	 	 Applicable
 Commitment Fee

	 Greater than 2.00 to
 1.00
	 	1.50%	 	2.50%	 	0.50%
	 Less than or equal to
 2.00 to 1.00 and
 greater than to 1.50 to
 1.00
	 	1.25%	 	2.25%	 	0.375%
	 Less than or equal to
 1.50 to 1.00 and
 greater than 1.00 to
 1.00
	 	1.00%	 	2.00%	 	0.375%
	 Less than or equal to
 1.00 to 1.00
	 	0.75%	 	1.75%	 	0.25%

 For the purposes of the Pricing Grid, changes in the Applicable Margin and Applicable Commitment
Fee resulting from changes in the Senior Secured Leverage Ratio shall become effective on the date (the “Adjustment Date”) that is three Business Days after the date 

  

 43 

 
on which financial statements are delivered to the Lenders pursuant to Section 5.04, commencing with the delivery of such financial statements for the
first full fiscal quarter of Intermediate Holdings commencing after the Closing Date, and shall remain in effect until the next change to be effected pursuant to this paragraph. If any financial statements referred to above are not delivered within
the time periods specified in Section 5.04, then, at the option of the Administrative Agent or the Required Lenders, until the date that is three Business Days after the date on which such financial statements are delivered, the pricing level
that is one pricing level higher than the pricing level theretofore in effect shall apply as of the first Business Day after the date on which such financial statements were to have been delivered but were not delivered. Each determination of the
Senior Secured Leverage Ratio pursuant to the Pricing Grid shall be made in a manner consistent with the determination thereof pursuant to Section 6.11 that would be made during any period during which the Financial Maintenance Covenant is in
effect. 
 “primary obligor” shall have the meaning given such term in the definition of the term “Guarantee.”

 “Pro Forma Adjusted EBITDA” shall have the meaning assigned to such term in Section 3.05. 
 “Pro Forma Basis” shall mean, as to any person, for any events as described below that occur subsequent to the commencement of a period
for which the financial effect of such events is being calculated, and giving effect to the events for which such calculation is being made, such calculation as will give pro forma effect to such events as if such events occurred on the first day of
the four consecutive fiscal quarter period ended on or before the occurrence of such event (the “Reference Period”): (i) in making any determination of EBITDA, effect shall be given to any Asset Sale, any acquisition,
Investment, disposition, merger or consolidation (or any similar transaction or transactions not otherwise permitted under Section 6.04 or 6.05 that require a waiver or consent of the Required Lenders and such waiver or consent has been
obtained), any dividend, distribution or other similar payment, any designation of any Subsidiary as an Unrestricted Subsidiary and any Subsidiary Redesignation, and any restructurings of the business of Intermediate Holdings or any of the
Subsidiaries that are expected to have a continuing impact and are factually supportable, which would include cost savings resulting from head count reduction, closure of facilities and similar operational and other cost savings, which adjustments
Intermediate Holdings determines are reasonable as set forth in a certificate of a Financial Officer of Intermediate Holdings (the foregoing, together with any transactions related thereto or in connection therewith, the “relevant
transactions”), in each case that occurred during the Reference Period (or, in the case of determinations made pursuant to the definition of the term “Permitted Business Acquisition” or pursuant to Sections 2.11(b), 6.01(h),
6.01(r), 6.02(u) or 6.06(e), occurring during the Reference Period or thereafter and through and including the date upon which the respective Permitted Business Acquisition or incurrence of Indebtedness or Liens or dividend is consummated),
(ii) in making any determination on a Pro Forma Basis, (x) all Indebtedness (including Indebtedness issued, incurred or assumed as a result of, or to finance, any relevant transactions and for which the financial effect is being
calculated, whether incurred under this Agreement or otherwise, but excluding normal fluctuations in revolving Indebtedness incurred for working capital purposes, in each case not to finance any acquisition) issued, incurred, assumed or permanently
repaid during the Reference Period (or, in the case of determinations made pursuant to the definition of 

  

 44 

 
the term “Permitted Business Acquisition” or pursuant to Sections 2.11(b), 6.01(h), 6.01(r), 6.02(u) or 6.06(e), occurring during the
Reference Period or thereafter and through and including the date upon which the respective Permitted Business Acquisition or incurrence of Indebtedness or Liens or dividend is consummated) shall be deemed to have been issued, incurred, assumed or
permanently repaid at the beginning of such period and (y) Interest Expense of such person attributable to interest on any Indebtedness, for which pro forma effect is being given as provided in preceding clause (x), bearing floating
interest rates shall be computed on a pro forma basis as if the rates that would have been in effect during the period for which pro forma effect is being given had been actually in effect during such periods and (iii) (A) any Subsidiary
Redesignation then being designated, effect shall be given to such Subsidiary Redesignation and all other Subsidiary Redesignations after the first day of the relevant Reference Period and on or prior to the date of the respective Subsidiary
Redesignation then being designated, collectively, and (B) any designation of a Subsidiary as an Unrestricted Subsidiary, effect shall be given to such designation and all other designations of Subsidiaries as Unrestricted Subsidiaries after
the first day of the relevant Reference Period and on or prior to the date of the then applicable designation of a Subsidiary as an Unrestricted Subsidiary, collectively. 
 Pro forma calculations made pursuant to the definition of the term “Pro Forma Basis” shall be determined in good faith by a Responsible Officer of Intermediate Holdings and may include (1) for any
fiscal period ending on or prior to the second anniversary of any relevant pro forma event, adjustments appropriate to reflect operating expense reductions and other operating improvements, synergies or cost savings reasonably expected to result
from such relevant pro forma event (including, to the extent applicable, the Transactions) and (2) for any fiscal period ending on or prior to the second anniversary of the Closing Date, all adjustments of the type used in connection with the
calculation of “Pro Forma Adjusted EBITDA” as set forth in the “Summary Historical and Pro Forma Financial Information” portion of the “Offering Circular Summary” in the Offering Memorandum. Intermediate Holdings shall
deliver to the Administrative Agent a certificate of a Financial Officer of Intermediate Holdings setting forth such demonstrable or additional operating expense reductions and other operating improvements, synergies or cost savings and information
and calculations supporting them in reasonable detail. 
 “Pro Forma Compliance” shall mean, at any date of determination on
which the Financial Performance Covenant otherwise applies, that Intermediate Holdings and its Subsidiaries shall be in compliance, on a Pro Forma Basis after giving effect to the relevant transactions (including the assumption, the issuance,
incurrence and permanent repayment of Indebtedness), with the Financial Performance Covenant recomputed as at the last day of the most recently ended fiscal quarter of Intermediate Holdings and its Subsidiaries for which the financial statements and
certificates required pursuant to Section 5.04 have been delivered, and Intermediate Holdings shall have delivered to the Administrative Agent a certificate of a Responsible Officer of Intermediate Holdings to such effect, together with all
relevant financial information. 
 “Pro Forma EBITDA” shall have the meaning assigned to such term in Section 3.05(a).

 “Pro Forma Financial Statements” shall have the meaning assigned to such term in Section 3.05(a). 
  

 45 

 “Pro Rata Share” shall mean, (a) with respect to any Revolving Facility Lender at
any time, the percentage of the total Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment and (b) with respect to any Synthetic L/C Lender at any time, the percentage of the total Credit-Linked
Deposits represented by such Lender’s Credit-Linked Deposit. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Lenders’ Pro Rata Shares shall be determined based upon the Revolving Facility
Commitments most recently in effect, giving effect to any assignments. If the Credit-Linked Deposits have been applied in full to reimburse Synthetic L/C Disbursements, the Synthetic L/C Lenders’ Pro Rata Shares shall be determined based upon
the Credit-Linked Deposit most recently in effect, giving effect to any assignments. 
 “Projections” shall mean the
projections of Intermediate Holdings and the Subsidiaries included in the Information Memorandum and any other projections and any forward-looking statements (including statements with respect to booked business) of such entities furnished to the
Lenders or the Administrative Agent by or on behalf of Intermediate Holdings or any of the Subsidiaries prior to the Closing Date. 
 “Promissory Note” shall have the meaning assigned to such term in Section 2.09(e). 
 “Qualified CFC
Holding Company” shall mean a Wholly Owned Subsidiary of a Domestic Loan Party that is a Delaware limited liability company that is treated as a disregarded entity for U.S. federal income tax purposes, that (a) is in compliance with
Section 6.15 and (b) the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or(ii) a Delaware limited liability company that is in compliance with Section 6.15 and the primary asset of
which consists of Equity Interests in a Foreign Subsidiary. 
 “Qualified Equity Interests” shall mean any Equity Interests
other than Disqualified Stock. 
 “Qualified IPO” shall mean an underwritten public offering of the Equity Interests of
Holdings, Intermediate Holdings or any Parent Entity which generates cash proceeds of at least $50.0 million. 
 “Quartz
Business” shall have the meaning assigned to such term in the recitals hereto. 
 “Real Property” shall mean,
collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned in fee or leased by any Loan Party, together with, in each case, all easements, hereditaments and
appurtenances relating thereto, all improvements and appurtenant fixtures incidental to the ownership or lease thereof. 
 “Receivables Assets” shall mean accounts receivable (including any bills of exchange) and related assets and property from time to time originated, acquired or otherwise owned by any Subsidiary. 
  

 46 

 “Receivables Net Investment” shall mean the aggregate cash amount paid by the lenders or
purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such
Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided,
however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net
Investment shall be increased by the amount of such distribution, all as though such distribution had not been made. 
 “Reference
Period” shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.” 
 “Refinance” shall have the meaning assigned to such term in the definition of the term “Permitted Refinancing Indebtedness,” and “Refinanced” shall have a meaning correlative thereto. 

“Register” shall have the meaning assigned to such term in Section 9.04(b). 
 “Regulation U” shall mean Regulation U of the Board as from time to time in effect and all official rulings and
interpretations thereunder or thereof. 
 “Regulation X” shall mean Regulation X of the Board as from time to time
in effect and all official rulings and interpretations thereunder or thereof. 
 “Related Parties” shall mean, with respect
to any specified person, such person’s Affiliates and the respective directors, trustees, officers, employees, agents and advisors of such person and such person’s Affiliates. 
 “Related Person” shall mean means any person or entity related to a major shareholder (in the meaning of the German thin capitalisation
rules) of a CITA Borrower within the meaning of Sec. 1 para 2 of the German Foreign Relations Tax Act (Außensteuergesetz), other than the relevant CITA Borrower itself. 
 “Release” shall mean any spilling, leaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching,
dumping, disposing, depositing, emanating or migrating in, into, onto or through the environment. 
 “Remaining Present
Value” shall mean, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such
lease reasonably determined at the time such lease was entered into. 
 “Reportable Event” shall mean any reportable event
as defined in Section 4043(c) of ERISA or the regulations issued thereunder, other than those events as to which the 30-day notice period referred to in Section 4043(c) of ERISA has been waived, with respect to a Plan 

  

 47 

 
(other than a Plan maintained by an ERISA Affiliate that is considered an ERISA Affiliate only pursuant to subsection (m) or (o) of
Section 414 of the Code). 
 “Required Lenders” shall mean, at any time, Lenders having (a) Loans (other than
Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures, (d) Synthetic L/C Exposures, (e) Excess Credit-Linked Deposits and (f) Available Unused Commitments, that taken together, represent
more than 50% of the sum of (u) all Loans (other than Swingline Loans) outstanding, (v) Revolving L/C Exposures, (w) Swingline Exposures, (x) Synthetic L/C Exposures, (y) Excess Credit-Linked Deposits and (z) the
total Available Unused Commitments at such time. The Loans, Revolving L/C Exposures, Swingline Exposures, Synthetic L/C Exposures, Excess Credit-Linked Deposits and Available Unused Commitment of any Defaulting Lender shall be disregarded in
determining Required Lenders at any time. 
 “Required Percentage” shall mean, with respect to an Excess Cash Flow Period
(or Excess Cash Flow Interim Period), 50%; provided, that (a) if the Senior Secured Leverage Ratio at the end of the Applicable Period (or Excess Cash Flow Interim Period) is greater than 1.50:1.00 but less than or equal to 2.00:1.00,
such percentage shall be 25%, and (b) if the Senior Secured Leverage Ratio at the end of the Applicable Period (or Excess Cash Flow Interim Period) is less than or equal to 1.50:1.00, such percentage shall be 0%. 
 “Responsible Officer” of any person shall mean any executive officer or Financial Officer of such person and any other officer or
similar official thereof responsible for the administration of the obligations of such person in respect of this Agreement. 
 “Retained Excess Cash Flow Overfunding” shall mean, with respect to any Excess Cash Flow Period (the “Reference Excess Cash Flow Period”), (a) at any time occurring prior to the delivery of financial
statements pursuant to Section 5.04 for such Reference Excess Cash Flow Period, an amount equal to the amount by which (i) the product of (x) the Excess Cash Flow for the most recently ended Excess Cash Flow Interim Period and
(y) the Retained Percentage for such Excess Cash Flow Interim Period is less than (ii) the product of (x) the Excess Cash Flow for the Excess Cash Flow Interim Period immediately preceding the period described in clause (a)(i) that
ended during such Reference Excess Cash Flow Period and (y) the Retained Percentage for such Retained Excess Cash Flow Period and (b) at any time occurring following the delivery of financial statements pursuant to Section 5.04 for
the Reference Excess Cash Flow Period and prior to delivery of financial statements pursuant to Section 5.04 for the Excess Cash Flow Interim Period immediately succeeding such Reference Excess Cash Flow Period, an amount equal to the amount by
which (i) the product of (x) the Excess Cash Flow for such Reference Excess Cash Flow Period and (y) the Retained Percentage for such Reference Excess Cash Flow Period is less than (ii) the product of (x) the Excess Cash
Flow for the most recently ended Excess Cash Flow Interim Period and (y) the Retained Percentage for such Excess Cash Flow Interim Period. 
 “Retained Percentage” shall mean, with respect to any Excess Cash Flow Period (or Excess Cash Flow Interim Period), (a) 100% minus (b) the Required Percentage with respect to such Excess Cash Flow Period (or
Excess Cash Flow Interim Period). 
  

 48 

 “Revolving Credit Facility” shall mean the Revolving Facility Commitments (including any
Incremental Revolving Facility Commitments) and the extensions of credit made hereunder by the Revolving Facility Lenders. 
 “Revolving Facility Borrowing” shall mean a Borrowing comprised of Revolving Facility Loans. 
 “Revolving
Facility Commitment” shall mean, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01, expressed as an amount representing the
maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to
time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased as provided under Section 2.21. The initial amount of each Revolving Facility Lender’s Revolving Facility Commitment is set forth on
Schedule 2.01, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Revolving Facility Lender shall have assumed its Revolving Facility Commitment (or Incremental Revolving Facility Commitment),
as applicable. The initial aggregate amount of the Revolving Facility Lenders’ Revolving Facility Commitments (prior to any Incremental Revolving Facility Commitments) is $300.0 million. 
 “Revolving Facility Exposure” shall mean, with respect to the Revolving Credit Facility at any time, the sum of (a) the Dollar
Equivalent of the aggregate principal amount of the Revolving Facility Loans (other than Swingline Loans) outstanding under the Revolving Credit Facility at such time, (b) the Swingline Exposure under the Revolving Credit Facility at such time
and (c) the Revolving L/C Exposure under the Revolving Credit Facility at such time. The Revolving Facility Exposure of any Revolving Facility Lender under the Revolving Credit Facility at any time shall be the product of (x) such
Lender’s Pro Rata Share and (y) the aggregate Revolving Facility Exposure of all Revolving Facility Lenders, collectively, at such time. 
 “Revolving Facility Lender” shall mean a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans. 
 “Revolving Facility Loan” shall mean a Loan made by a Revolving Facility Lender pursuant to Section 2.01. 
 “Revolving Facility Maturity Date” shall mean December 3, 2012. 
 “Revolving L/C Disbursement” shall mean any L/C Disbursement pursuant to a Revolving Letter of Credit. 
 “Revolving L/C Exposure” shall mean, with respect to the Revolving Credit Facility as the context requires, at any time, the sum of
(a) the Dollar Equivalent of the aggregate undrawn amount of all Revolving Letters of Credit at such time and (b) the Dollar Equivalent of the aggregate principal amount of all Revolving L/C Disbursements that have not yet been reimbursed
at such time. The Revolving L/C Exposure of any Revolving Facility Lender under 

  

 49 

 
the Revolving Credit Facility at any time shall be the product of (x) such Lender’s Pro Rata Share and (y) the aggregate Revolving L/C
Exposure of all Revolving Facility Lenders, collectively, at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the
operation of Rule 3.14 of the International Standby Practices (ISP98), such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a
Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto,
provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such
maximum stated amount is in effect at such time. 
 “Revolving Letters of Credit” shall mean any Letter of Credit that is
not a Synthetic Letter of Credit. 
 “Revolving Swingline Loans” shall mean the swingline loans made to any Borrower
pursuant to the first sentence of Section 2.04(a). 
 “S&P” shall mean Standard & Poor’s Ratings
Group, Inc. 
 “Sale and Lease-Back Transaction” shall have the meaning assigned to such term in Section 6.03.

 “SEC” shall mean the Securities and Exchange Commission or any successor thereto. 
 “Second-Priority Lien” shall mean any Lien that is subordinated to the Liens securing the Obligations pursuant to, and otherwise subject
to the terms of, any intercreditor agreement reasonably satisfactory to the Administrative Agent. 
 “Secured Parties” shall
mean the “Secured Parties” as defined in the Collateral Agreements. 
 “Securities Act” shall mean the Securities
Act of 1933, as amended. 
 “Security Documents” shall mean the Mortgages, the Collateral Agreements, the Foreign Pledge
Agreements, the First-Tier Subsidiary Pledge Agreement, the Foreign Guarantee Agreements, the Intercreditor Agreement and each of the security agreements, hypothecs and other instruments and documents executed and delivered pursuant to any of the
foregoing or pursuant to Section 5.10. 
 “Seller” shall have the meaning assigned to such term in the recitals hereto.

 “Senior Secured Leverage Ratio” shall mean, on any date, the ratio of (a) Total Senior Secured Net Debt as of such
date to (b) EBITDA for the period of four consecutive fiscal quarters of Intermediate Holdings most recently ended as of such date, all determined for 

  

 50 

 
Intermediate Holdings and the Subsidiaries on a consolidated basis in accordance with GAAP; provided, that EBITDA shall be determined for the relevant
Test Period on a Pro Forma Basis. 
 “Senior Subordinated Note Documents” shall mean the Senior Subordinated Notes and the
Senior Subordinated Notes Indenture. 
 “Senior Subordinated Notes” shall mean the Intermediate Holdings’s 11.500%
Senior Subordinated Notes due 2016, issued pursuant to the Senior Subordinated Notes Indenture, and any notes issued by Intermediate Holdings in exchange for, and as contemplated by, the Senior Subordinated Notes and the related registration rights
agreement with substantially identical terms as the Senior Subordinated Notes. 
 “Senior Subordinated Notes Indenture”
shall mean the Indenture dated as of December 4, 2006 under which the Senior Subordinated Notes were issued, among Intermediate Holdings and certain of the Subsidiaries party thereto and the trustee named therein from time to time, as in effect
on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement. 
 “Senior Unsecured Note Documents” shall mean the Senior Unsecured Notes and the Senior Unsecured Notes Indenture. 
 “Senior Unsecured Notes” shall mean Intermediate Holdings’s (i) Dollar-denominated 9.750% Senior Notes due 2014, (ii) euro-denominated 9.00% Senior Notes due 2014 and
(iii) Dollar-denominated 10.125%/10.875% Senior Toggle Notes due 2014, in each case issued pursuant to the Senior Notes Indenture, and any notes issued by Intermediate Holdings in exchange for, and as contemplated by, the Senior Unsecured Notes
and the related registration rights agreement with substantially identical terms as the Senior Unsecured Notes. 
 “Senior Unsecured
Notes Indenture” shall mean the Indenture dated as of December 4, 2006 under which the Senior Unsecured Notes were issued, among Intermediate Holdings and certain of the Subsidiaries party thereto and the trustee named therein from
time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement. 
 “Silicones Business” shall have the meaning assigned to such term in the first recital hereto. 
 “Special Purpose Receivables Subsidiary” shall mean a Subsidiary of Intermediate Holdings established in connection with a Permitted
Receivables Financing for the acquisition of Receivables Assets or interests therein, and which is organized in a manner intended to reduce the likelihood that it would be substantively consolidated with Holdings, Intermediate Holdings or any of the
Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event Holdings, Intermediate Holdings or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law). 
 “Spot Rate” shall mean, on any day, with respect to any currency in relation to Dollars, the rate at which such currency may be
exchanged into Dollars, as set forth at approximately 12:00 noon, London time, on such date on the Reuters World Currency Page for 

  

 51 

 
such currency. In the event that such rate does not appear on the applicable Reuters World Currency Page, the Spot Rate shall be calculated by reference to
such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Borrowers, or, in the absence of such agreement, such Spot Rate shall instead be the arithmetic average of the spot rates
of exchange of the Administrative Agent, at or about 11:00 a.m., London time, on such date for the purchase of Dollars for delivery two Business Days later; provided that if, at the time of any such determination, for any reason, no such spot
rate is being quoted, the Administrative Agent, after consultation with the Borrowers, may use any reasonable method it deems appropriate to determine such rate, and such determination shall be conclusive absent manifest error. 
 “Statutory Reserves” shall mean, with respect to any currency, any reserve, liquid asset or similar requirements established by any
central bank, monetary authority, the Board or other Governmental Authority of the United States of America or of the jurisdiction of such currency or any jurisdiction in which Loans in such currency are made to which banks in such jurisdiction are
subject for any category of deposits or liabilities customarily used to fund loans in such currency or by reference to which interest rates applicable to Loans in such currency are determined, expressed in the case of each such requirement as a
decimal. Such reserves shall include those imposed pursuant to Regulation D of the Board. Statutory Reserves shall be adjusted automatically on and as of the effective date of any change in any reserve, liquid asset, fee or similar requirement.

 “Subagent” shall have the meaning assigned to such term in Section 8.02. 
 “Subordinated Intercompany Debt” shall have the meaning assigned to such term in Section 6.01(e). 
 “subsidiary” shall mean, with respect to any person (herein referred to as the “parent”), any corporation, partnership,
association or other business entity (a) of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or more than 50% of the general partnership interests are, at the
time any determination is being made, directly or indirectly, owned, Controlled or held, or (b) that is, at the time any determination is made, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and
one or more subsidiaries of the parent. 
 “Subsidiary” shall mean, unless the context otherwise requires, a direct or
indirect subsidiary of Intermediate Holdings (including the Borrowers). Notwithstanding the foregoing (and except for purposes of Sections 3.09, 3.13, 3.15, 3.16, 5.03, 5.06, 5.09 and 7.01(k), and the definition of Unrestricted Subsidiary
contained herein), an Unrestricted Subsidiary shall be deemed not to be a Subsidiary for purposes of this Agreement. 
 “Subsidiary
Loan Party” shall mean (a) each Subsidiary listed on Schedule 1.01(d) on the Closing Date and (b) each additional Subsidiary that satisfies the Collateral and Guarantee Requirement after the Closing Date. 
 “Subsidiary Redesignation” shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this
Section 1.01. 
  

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 “Swap Agreement” shall mean any agreement with respect to any swap, forward, future,
derivative or foreign exchange spot transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or
measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided, that no phantom stock or similar plan providing for payments only on account of services provided by
current or former directors, officers, employees or consultants of Intermediate Holdings or any of the Subsidiaries shall be a Swap Agreement. 
 “Swingline Borrowing” shall mean a Borrowing comprised of Swingline Loans. 
 “Swingline Borrowing
Request” shall mean a request by a Borrower substantially in the form of Exhibit C-2. 
 “Swingline
Commitments” shall mean, collectively, the U.S. Swingline Commitment, the Euro Swingline Commitment, the U.S. One-Time Swingline Commitment and the Euro One-Time Swingline Commitment. 
 “Swingline Exposure” shall mean, in respect of the Revolving Credit Facility at any time, the Dollar Equivalent of the aggregate
principal amount of all outstanding Swingline Borrowings under the Revolving Credit Facility at such time. The Swingline Exposure of any Revolving Facility Lender under the Revolving Credit Facility at any time shall be the product of (x) such
Lender’s Pro Rata Share and (y) the aggregate Swingline Exposure of all Revolving Facility Lenders at such time. 
 “Swingline Lender” shall mean any of (i) the U.S. Swingline Lender and (ii) the Euro Swingline Lender, as the context requires. 
 “Swingline Loans” shall mean the Revolving Swingline Loans and the One-Time Swingline Loans, if any, made pursuant to Section 2.04. 
 “Synthetic L/C Commitment” shall mean, with respect to each Lender, the Dollar amount that such Synthetic L/C Lender is required hereby
to deposit as its Credit-Linked Deposit, as set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Acceptance pursuant to which such Lender assumed its Synthetic L/C Commitment, as applicable, as the same may be
(a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04 and (c) increased as provided under Section 2.21.

 “Synthetic L/C Disbursement” shall mean any L/C Disbursement pursuant to a Synthetic Letter of Credit. 
 “Synthetic L/C Facility” shall mean the Credit-Linked Deposits and the Synthetic Letters of Credit. 
 “Synthetic L/C Exposure” shall mean, at any time, the sum of (a) the Dollar Equivalent of the aggregate undrawn amount of all
outstanding Synthetic Letters of Credit at such time and (b) the Dollar Equivalent of the aggregate amount of all Synthetic L/C 

  

 53 

 
Disbursements that have not yet been reimbursed by or on behalf of the German Borrower at such time. The Synthetic L/C Exposure of any Synthetic L/C Lender
at any time shall be such Lender’s Pro Rata Share of the aggregate Synthetic L/C Exposure of all Lenders, collectively, at such time. For all purposes of this Agreement, if on any date of determination a Synthetic Letter of Credit has expired
by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standby Practices (ISP98), such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining
available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of
Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of
Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time. 
 “Synthetic
L/C Lender” shall mean a Lender (including an Incremental Synthetic L/C Lender) having a Credit-Linked Deposit or with Synthetic L/C Exposure. 
 “Synthetic Letter of Credit” shall mean, at any time, Letters of Credit in an amount equal to the lesser of (a) the aggregate of the Credit-Linked Deposits of all Synthetic L/C Lenders at such
time and (b) the aggregate amount of Letters of Credit issued for the account of the German Borrower outstanding at such time. Letters of Credit will from time to time be deemed to be Synthetic Letters of Credit or Revolving Letters of Credit
in accordance with the provisions of Section 2.05(a). 
 “Synthetic L/C Maturity Date” shall mean the Term B Facility
Maturity Date. 
 “Taxes” shall mean any and all present or future taxes, levies, imposts, duties (including stamp duties),
deductions, withholdings or similar charges (including ad valorem charges) imposed by any Governmental Authority and any and all interest and penalties related thereto. 
 “Term Borrowing” shall mean a Borrowing comprised of Term Loans. 
 “Term B Borrowing” shall mean a Borrowing comprised of Term B Loans. 
 “Term B Facility” shall mean the Tranche B-1 Term Loan Commitments and the Tranche B-2 Term Loan Commitments and the Tranche B-1 Term
Loans and Tranche B-2 Term Loans made hereunder. 
 “Term B Facility Maturity Date” shall mean December 4, 2013.

 “Term B Loan Installment Date” shall mean any Tranche B-1 Term Loan Installment Date or Tranche B-2 Term Loan
Installment Date, as the context may require. 
 “Term B Loans” shall mean shall mean the Tranche B-1 Term Loans, the
Tranche B-2 Term Loans and any Incremental Term Loans in the form of Tranche B-1 Term Loans or Tranche B-2 Term Loans made by Incremental Term Lenders pursuant to Section 2.01(d). 
  

 54 

 “Term Facility” shall mean the Term B Facility and the Incremental Term Facilities, if
any. 
 “Term Facility Lender” shall mean a Lender (including an Incremental Term Facility Lender) with an outstanding Term
Loan Commitment or an outstanding Term Loan. 
 “Term Facility Maturity Date” shall mean any of (a) the Term B Facility
Maturity Date or (b) any Incremental Term Facility Maturity Date, as the context may require. 
 “Term Loan
Commitments” shall mean, with respect to any Lender, such Lender’s Tranche B-1 Term Loan Commitments, Tranche B-2 Term Loan Commitments and Incremental Term Loan Commitments. 
 “Term Loan Installment Date” shall mean any Term B Loan Installment Date or any Incremental Term Loan Installment Date, as the context
may require. 
 “Term Loans” shall mean any of the Term B Loans and the Other Term Loans, if any, as the context may
require. 
 “Test Period” shall mean, on any date of determination, the period of four consecutive fiscal quarters of
Intermediate Holdings and its Subsidiaries then most recently ended (taken as one accounting period). 
 “Thai Debt
Repayment” shall mean the series of transactions pursuant to which (i) Nautilus Pacific Two Pte. Ltd. made, prior to the Closing Date, an intercompany loan in an aggregate principal amount not to exceed $60.0 million (the
“Singapore Intercompany Loan”) to GE Toshiba Silicones (Thailand) Ltd., (ii) GE Toshiba Silicones (Thailand) Ltd. used the proceeds of the Singapore Intercompany Loan to repay in full its obligations in respect of certain
existing debt, (iii) one or more of the Borrowers will borrow One-Time Swingline Loans pursuant to Section 2.04 on the One-Time Swingline Borrowing Date and transfer the proceeds of such One-Time Swingline Loan or Loans to Nautilus Pacific
Two Pte. Ltd. in the form of intercompany loans (collectively, the “Swingline On-Loans”), (iv) Nautilus Pacific Two Pte. Ltd. will immediately contribute the proceeds of the Swingline On-Loans to GE Toshiba Silicones (Thailand)
Ltd. in the form of common equity (the “Thai Equity Contribution”) and (v) GE Toshiba Silicones (Thailand) Ltd. will immediately use the proceeds of the Thai Equity Contribution to repay in full the Singapore Intercompany Loan.

 “Total Senior Secured Net Debt” shall mean, as of any date, (a) the aggregate principal amount of Consolidated Debt
of Intermediate Holdings and the Subsidiaries outstanding at such date secured by a Lien (other than (i) any Second-Priority Lien and other Indebtedness of a Subsidiary that is not a Loan Party secured only by a Lien on assets of a Subsidiary
that is not a Loan Party and (ii) Liens on property or assets held in a defeasance or similar trust or arrangement), less (b) without duplication, the Unrestricted Cash and Permitted Investments of Intermediate Holdings and the
Subsidiaries on such date. To the extent not otherwise included, Total Senior Secured Net Debt shall include the amount of any Receivables Net Investment. 
  

 55 

 “Tranche” shall mean a category of Commitments and extensions of credit thereunder. For
purposes hereof, each of the following comprises a separate Tranche: (i) the Tranche B-1 Term Loan Commitments and the Tranche B-1 Term Loans and (ii) the Tranche B-2 Term Loan Commitments and the Tranche B-2 Term Loans. 

“Tranche B-1 Lender” shall mean a Lender with a Tranche B-1 Term Loan Commitment or an outstanding Tranche B-1 Term Loan. 

“Tranche B-1 Term Loan” shall mean shall mean a Loan made to the German Borrower pursuant to Section 2.01(a)(i). 
 “Tranche B-1 Term Loan Commitment” shall mean, with respect to each Term B-1 Lender, the commitment of such Lender to make Tranche B-1
Term Loans to the German Borrower as set forth in Section 2.01(a)(i), expressed as an amount representing the maximum principal amount of the Tranche B-1 Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced
from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The initial amount of each Lender’s Tranche B-1 Term Loan Commitment is
set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche B-1 Term Loan Commitment, as applicable. The aggregate amount of the Tranche B-1 Term Loan Commitments on the Closing
Date is $525,000,000. 
 “Tranche B-1 Term Loan Installment Date” shall have the meaning assigned to such term in
Section 2.10(b)(i). 
 “Tranche B-2 Lender” shall mean a Lender with a Tranche B-2 Term Loan Commitment or an
outstanding Tranche B-2 Term Loan. 
 “Tranche B-2 Term Loan” shall mean a Loan made to the German Borrower pursuant to
Section 2.01(a)(ii). 
 “Tranche B-2 Term Loan Commitment” shall mean, with respect to each Term B-2 Lender, the
commitment of such Lender to make Tranche B-2 Term Loans to the German Borrower as set forth in Section 2.01(a)(i), expressed as an amount representing the maximum principal amount of the Tranche B-2 Term Loan to be made by such Lender
hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The initial amount of
each Lender’s Tranche B-2 Term Loan Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche B-2 Term Loan Commitment, as applicable. The aggregate amount
of the Tranche B-2 Term Loan Commitments on the Closing Date is €400,000,000. 
 “Tranche B-2 Term Loan Installment
Date” shall have the meaning assigned to such term in Section 2.10(b)(ii). 
 “Transaction Documents” shall
mean the Acquisition Documents, the Senior Unsecured Note Documents, the Senior Subordinated Note Documents and the Loan Documents. 
  

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 “Transaction Expenses” shall mean any fees or expenses incurred or paid by the Fund, any
Parent Entity, Holdings, Intermediate Holdings or any of the Subsidiaries in connection with the Transactions, this Agreement and the other Loan Documents (including expenses in connection with Swap Agreements) and the transactions contemplated
hereby and thereby. 
 “Transactions” shall mean, collectively, the transactions to occur pursuant to the Transaction
Documents, including (a) the consummation of the Acquisition; (b) the execution and delivery of the Loan Documents, the creation of the Liens pursuant to the Security Documents, and the initial borrowings hereunder; (c) the Equity
Contribution; (d) the sale and issuance of the Senior Unsecured Notes and the Senior Subordinated Notes; (e) the payment of all Transaction Expenses; and (f) on or prior to the Closing Date (and prior to the consummation of the
Acquisition), the acquisition by the Seller and its affiliates of (i) all the ownership interests in GE Bayer Silicones GmbH & Co. KG, GE Bayer Silicones Verwaltungs GmbH, GE Bayer Specialties GmbH & Co. KG, GE Bayer
Specialties Verwaltungs GmbH and GE Bayer Specialties Srl and (ii) all the ownership interests in GE Toshiba Silicones Co. Limited, GE Toshiba Silicones Asia Pacific Pte. Ltd., GE Toshiba Silicones Shanghai Co., Ltd., GE Toshiba Silicones
(Nantong) Co. Ltd., GE Toshiba Silicones (Hong Kong) Ltd. and GE Toshiba Silicones (Thailand) Ltd. In addition, the “Transactions” shall be deemed to include any merger, consolidation, amalgamation, loan, investment or other restructuring
of the entities constituting the Acquired Business and set forth on Schedule 1.01(e) (collectively, the “Restructuring Transactions”). 
 “Type” shall mean, when used in respect of any Loan or Borrowing, the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term
“Rate” shall include the Adjusted LIBO Rate and the ABR. 
 “UBS” shall mean UBS Loan Finance LLC.

 “UBS Preferred Stock” shall mean the preferred stock issued on the Closing Date by Holdings to UBS Securities LLC having
the terms set forth in Exhibit N to the Acquisition Agreement. 
 “Unfunded Pension Liability” shall mean the excess of
a Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used for funding the Plan pursuant to Section 412 of the Code for the
applicable plan year. 
 “Uniform Commercial Code” or “UCC” shall mean the Uniform Commercial Code as the
same may from time to time be in effect in the State of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required to apply to any item or items of Collateral. 
 “Unrestricted Cash” shall mean cash or cash equivalents of any of the Loan Parties that would not appear as “restricted” on a
consolidated balance sheet of any of the Loan Parties. 
  

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 “Unrestricted Subsidiary” shall mean (i) any subsidiary identified on
Schedule 1.01(f) and (ii) any subsidiary that is designated as an Unrestricted Subsidiary hereunder by written notice to the Administrative Agent; provided, that Intermediate Holdings and the Borrowers shall only be permitted to so
designate a new Unrestricted Subsidiary and so long as (a) no Default or Event of Default has occurred and is continuing or would result therefrom, (b) immediately after giving effect to such designation (as well as all other such
designations theretofore consummated after the first day of such Reference Period), Intermediate Holdings and its Subsidiaries shall be in Pro Forma Compliance, (c) such Unrestricted Subsidiary shall be capitalized (to the extent capitalized by
Intermediate Holdings or any of its Subsidiaries) through Investments as permitted by, and in compliance with, Section 6.04(j), and any prior or concurrent Investments in such Subsidiary by Intermediate Holdings or any of its Subsidiaries shall
be deemed to have been made under Section 6.04(j), (d) without duplication of clause (c), any assets owned by such Unrestricted Subsidiary at the time of the initial designation thereof shall be treated as Investments pursuant to
Section 6.04(j), and (e) such Subsidiary shall have been designated an “unrestricted subsidiary” (or otherwise not be subject to the covenants and defaults) under the Senior Unsecured Notes Indenture, the Senior Subordinated
Notes Indenture, the Holdings PIK Note, any other Indebtedness permitted to be incurred herein and all Permitted Refinancing Indebtedness in respect of any of the foregoing and all Disqualified Stock. Any Unrestricted Subsidiary may be designated to
be a Subsidiary for purposes of this Agreement (each, a “Subsidiary Redesignation”); provided, that (i) such Unrestricted Subsidiary, both before and after giving effect to such designation, shall be a Wholly Owned
Subsidiary, (ii) no Default or Event of Default has occurred and is continuing or would result therefrom, (iii) immediately after giving effect to such Subsidiary Redesignation (as well as all other Subsidiary Redesignations theretofore
consummated after the first day of such Reference Period), Intermediate Holdings and its Subsidiaries shall be in Pro Forma Compliance, (iv) all representations and warranties contained herein and in the other Loan Documents shall be true and
correct in all material respects with the same effect as though such representations and warranties had been made on and as of the date of such Subsidiary Redesignation (both before and after giving effect thereto), unless stated to relate to a
specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date, and (v) such Borrower shall have delivered to the Administrative Agent an officer’s
certificate executed by a Responsible Officer of such Borrower, certifying to the best of such officer’s knowledge, compliance with the requirements of preceding clauses (i) through (iv), inclusive, and containing the calculations and
information required by the preceding clause (iii). 
 “U.S. Bankruptcy Code” shall mean Title 11 of the United
States Code, as amended, or any similar federal or state law for the relief of debtors. 
 “U.S. Borrower” shall have the
meaning assigned to such term in the introductory paragraph to this Agreement. 
 “U.S. Borrower Subsidiary” shall mean any
Subsidiary of the U.S. Borrower that (a) is not a Foreign Subsidiary, a Qualified CFC Holding Company or a subsidiary listed on Schedule 1.01(a) and (b) is a Subsidiary Loan Party. 
  

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 “U.S. Collateral Agreement” shall mean the U.S. Collateral Agreement, as amended,
supplemented or otherwise modified from time to time, in the form of Exhibit F, among the Domestic Loan Parties and the Collateral Agent. 
 “U.S. Lending Office” shall mean, as to any Revolving Facility Lender, the applicable branch, office or Affiliate of such Lender designated by such Lender to make Revolving Facility Loans to the U.S. Borrower. 

“U.S. One-Time Swingline Commitment” shall mean the commitment of the U.S. Swingline Lender to make One-Time Swingline Loans to the
U.S. Borrower pursuant to Section 2.04, expressed as an amount representing the maximum aggregate permitted amount of One-Time Swingline Loans to the U.S. Borrower. The aggregate amount of the One-Time Swingline Commitment is $60.0 million
less the aggregate principal amount of One-Time Swingline Loans, if any, made to the German Borrower on the One-Time Swingline Borrowing Date. The U.S. One-Time Swingline Commitment shall terminate on the earlier of (a) 5:00 p.m.,
New York City time, on the day that is 45 days after the Closing Date and (b) the One-Time Swingline Borrowing Date. 
 “U.S. Swingline Commitment” shall mean the commitment of the U.S. Swingline Lender to make Revolving Swingline Loans to the U.S. Borrower pursuant to Section 2.04, expressed as an amount representing the maximum
aggregate permitted amount of Revolving Swingline Loans to the U.S. Borrower. The aggregate amount of the U.S. Swingline Commitment on the Closing Date is $25.0 million. 
 “U.S. Swingline Exposure” shall mean, at any time, the aggregate principal amount of all outstanding Swingline Borrowings by the U.S.
Borrower at such time. The U.S. Swingline Exposure of any Revolving Facility Lender at any time shall be its Pro Rata Share of the total U.S. Swingline Exposure at such time. 
 “U.S. Swingline Lender” shall mean JPMCB, in its capacity as a lender of Swingline Loans to the U.S. Borrower hereunder. 
 “VAT Receivables” shall mean accounts receivable representing refunds owed by Governmental Authorities to any Subsidiary for value added
taxes paid by or in respect of such Subsidiary in prior periods. 
 “VAT Receivables Net Investment” shall mean, with
respect to any Subsidiary, the aggregate cash amount paid by the purchasers under any factoring of VAT Receivables by such Subsidiary pursuant to Section 6.05(q) in connection with such purchasers’ purchase of VAT Receivables or interests
therein, as the same may be reduced from time to time by collections with respect to such VAT Receivables or otherwise in accordance with the terms of the definitive documentation for such factoring transactions (but excluding any such collections
used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such VAT Receivables Net Investment shall have been reduced by application of any distribution and
thereafter such distribution is rescinded or must otherwise be returned for any reason, such VAT Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made. 
  

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 “Wholly Owned Subsidiary” of any person shall mean a subsidiary of such person, all of
the Equity Interests of which (other than directors’ qualifying shares or nominee or other similar shares required pursuant to applicable law) are owned by such person or another Wholly Owned Subsidiary of such person. 
 “Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such
Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 
 “Working
Capital” shall mean, with respect to Intermediate Holdings and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of
determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any
reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting. 
 SECTION 1.02. Terms Generally. The definitions set forth or referred to in Section 1.01 shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any
pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” All references
herein to Articles, Sections, Exhibits and Schedules shall be deemed references to Articles and Sections of, and Exhibits and Schedules to, this Agreement unless the context shall otherwise require. Except as otherwise expressly provided herein, any
reference in this Agreement to any Loan Document shall mean such document as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements hereof and thereof. Except as otherwise expressly provided
herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided, that, if any Borrower notifies the Administrative Agent that such Borrower requests an amendment to
any provision hereof to eliminate the effect of any change occurring after the Closing Date in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies any Borrower that the Required Lenders
request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in
effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. 
 SECTION 1.03. Effectuation of Transactions. Each of the representations and warranties of Holdings, Intermediate Holdings and the Borrowers
contained in this Agreement (and all corresponding definitions) are made (i) on the Closing Date, after giving effect to the Closing Date Transactions and (ii) thereafter, after giving effect to such Transactions as shall have taken place
on or prior to the date of determination, unless the context otherwise requires. 
 SECTION 1.04. Exchange Rates; Currency
Equivalents. (a) For purposes of determining compliance as of any date with Section 6.01, 6.02, 6.03, 6.04 or 6.05, amounts incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the 

  

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Spot Rate in effect on the first Business Day of the fiscal quarter in which such determination occurs or in respect of which such determination is being
made. No Default or Event of Default shall arise as a result of any limitation or threshold set forth in Dollars in Article VI or paragraph (f) or (j) of Section 7.01 being exceeded solely as a result of changes in currency exchange
rates from those rates applicable on the first day of the fiscal quarter in which such determination occurs or in respect of which such determination is being made. 
 (b) (i) The Administrative Agent shall determine the Dollar Equivalent of any Foreign Currency Letter of Credit as of (A) a date on or about the date on which the applicable Issuing Bank receives a request from
the applicable Borrower for the issuance of such Letter of Credit, (B) each subsequent date on which such Letter of Credit shall be renewed or extended or the stated amount of such Letter of Credit shall be increased, (C) March 31 and
September 30 in each year and (D) during the continuance of an Event of Default, as reasonably requested by the Administrative Agent, in each case using the Spot Rate in effect on the date of determination, and each such amount shall be
the Dollar Equivalent of such Letter of Credit until the next required calculation thereof pursuant to this Section 1.04(b)(i). The Administrative Agent shall in addition determine the Dollar Equivalent of any Letter of Credit denominated in
any Foreign Currency as of the CAM Exchange Date as set forth in Section 10.02. 
 (ii) The Administrative Agent shall determine the
Dollar Equivalent of any Revolving Facility Borrowing denominated in a Foreign Currency as of (A) a date on or about the date on which the Administrative Agent receives a Borrowing Request in respect of such Borrowing using the Spot Rate in
effect on the date of determination, (B) as of the date of the commencement of each Interest Period after the initial Interest Period therefor and (C) during the continuance of an Event of Default, as reasonably requested by the
Administrative Agent, using the Spot Rate in effect (x) in the case of clauses (A) and (B) above, on the date that is three Business Days prior to the date on which the applicable Interest Period shall commence, and (y) in the
case of clause (C) above, on the date of determination, and each such amount shall be the Dollar Equivalent of such Borrowing until the next required calculation thereof pursuant to this Section 1.04(b)(ii). The Administrative Agent shall
in addition determine the Dollar Equivalent of any Borrowing denominated in any Foreign Currency as of the CAM Exchange Date as set forth in Section 10.01. 
 (iii) The Administrative Agent shall notify the Borrowers, the Lenders and the applicable Issuing Bank of each calculation of the Dollar Equivalent of each Letter of Credit and Revolving Facility Borrowing.

 ARTICLE II 
 The Credits

 SECTION 2.01. Commitments. Subject to the terms and conditions set forth herein: 
 (a) each Term Facility Lender agrees to make (i) Tranche B-1 Term Loans in Dollars to the German Borrower on the Closing Date in an
aggregate principal amount 

  

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not to exceed such Lender’s Tranche B-1 Term Loan Commitment and (ii) Tranche B-2 Term Loans in euro to the German Borrower on the Closing Date in
an aggregate principal amount not to exceed such Lender’s Tranche B-2 Term Loan Commitment; 
 (b) each Revolving
Facility Lender agrees to make Revolving Facility Loans from time to time during the Availability Period (i) in Dollars from its U.S. Lending Office to the U.S. Borrower and (ii) in Dollars and Foreign Currencies from its Foreign Lending
Office to the German Borrower, in each case in an aggregate principal amount that will result in neither (i) such Lender’s Revolving Facility Exposure exceeding such Lender’s Revolving Facility Commitment at such time nor
(ii) the total Revolving Facility Exposure exceeding the total Revolving Facility Commitments at such time; and 
 (c)
each Synthetic L/C Lender agrees to fund in Dollars its Credit-Linked Deposit on the Closing Date in an amount not to exceed its Synthetic L/C Commitment; and 
 (d) each Lender having an Incremental Term Loan Commitment, Incremental Revolving Facility Commitment or Incremental Synthetic L/C
Commitment agrees, subject to the terms and conditions set forth in the applicable Incremental Assumption Agreement, to make Incremental Term Loans to the German Borrower, Incremental Revolving Facility Loans to the U.S. Borrower or the German
Borrower, as applicable, and/or credit-linked deposits pursuant to such Incremental Synthetic L/C Commitments, as the case may be, in a Dollar Equivalent aggregate principal amount not to exceed its Incremental Term Loan Commitment, Incremental
Revolving Facility Commitment or Incremental Synthetic L/C Commitment, as the case may be. 
 Within the foregoing limits and subject to the terms and
conditions set forth herein, the Borrowers may borrow, prepay and reborrow Revolving Facility Loans. Amounts repaid in respect of Term Loans may not be reborrowed. 
 SECTION 2.02. Loans and Borrowings. (a) Each Loan shall be made as part of a Borrowing consisting of Loans under the same Facility and of the same Type made by the Lenders ratably in accordance with their
respective Commitments under the applicable Facility (or, in the case of Swingline Loans, in accordance with their respective Swingline Commitments). The failure of any Lender to make any Loan required to be made by it shall not relieve any other
Lender of its obligations hereunder; provided, that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required. 
 (b) Subject to Section 2.14, (i) each Borrowing by the U.S. Borrower (other than a Swingline Borrowing) shall be comprised entirely of ABR
Loans or Eurocurrency Loans as the U.S. Borrower may request in accordance herewith and (ii) each Borrowing by the German Borrower (other than a Swingline Borrowing) shall be comprised entirely of Eurocurrency Loans. Each Swingline Borrowing
made by the U.S. Borrower shall be an ABR Borrowing. Each Swingline Borrowing made by the German Borrower shall bear interest at a rate determined by reference to the Euro Swingline Rate. Each Lender at its option may make any ABR Loan or
Eurocurrency Loan by causing any domestic or foreign branch or Affiliate of 

  

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such Lender to make such Loan; provided, that any exercise of such option shall not affect the obligation of the applicable Borrower to repay such
Loan in accordance with the terms of this Agreement and such Lender shall not be entitled to any amounts payable under Section 2.15 or 2.17 solely in respect of increased costs resulting from such exercise and existing at the time of such
exercise. 
 (c) At the commencement of each Interest Period for any Eurocurrency Revolving Facility Borrowing, such Borrowing shall be in an
aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum. At the time that each ABR Revolving Facility Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral
multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided, that an ABR Revolving Facility Borrowing or a Swingline Borrowing may be in an aggregate amount that is equal to the entire unused balance of the
Commitments or that is required to finance the reimbursement of an L/C Disbursement in respect of a Letter of Credit, as contemplated by Section 2.05(e). Each Swingline Borrowing shall be in an amount that is an integral multiple of the
Borrowing Multiple and not less than the Borrowing Minimum. Borrowings of more than one Type may be outstanding at the same time; provided, that there shall not at any time be more than a total of (i) 10 Eurocurrency Borrowings
outstanding under either Tranche of the Term Facility and (ii) 10 Eurocurrency Borrowings outstanding to any Borrower under the Revolving Credit Facility. 
 (d) Notwithstanding any other provision of this Agreement, no Borrower shall be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end
after the Revolving Facility Maturity Date or the applicable Term Facility Maturity Date, as applicable. 
 SECTION 2.03. Requests for
Borrowings. To request a Borrowing, a Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurocurrency Borrowing, not later than 12:00 p.m., Local Time, three Business Days before the date
of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 12:00 noon, Local Time, one Business Day before the date of the proposed Borrowing; provided, that any such notice of an ABR Revolving Facility
Borrowing to finance the reimbursement of an L/C Disbursement as contemplated by Section 2.05(e) may be given not later than 10:00 a.m., Local Time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be
irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by such Borrower. Each such telephonic and written
Borrowing Request shall specify the following information in compliance with Section 2.02: 
 (i) the aggregate amount of
the requested Borrowing; 
 (ii) the date of such Borrowing, which shall be a Business Day; 
 (iii) in the case of Borrowings by the U.S. Borrower, whether such Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing;

  

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 (iv) in the case of a Eurocurrency Borrowing, the initial Interest Period to be
applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; and 
 (v)
the location and number of the applicable Borrower’s account to which funds are to be disbursed. 
 If no election as to the Type of any Borrowing by
the U.S. Borrower is specified, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any requested Eurocurrency Borrowing, then the applicable Borrower shall be deemed to have selected an
Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to
be made as part of the requested Borrowing. 
 SECTION 2.04. Swingline Loans. (a) Subject to the terms and conditions set forth
herein, (i) the U.S. Swingline Lender agrees to make Revolving Swingline Loans in Dollars to the U.S. Borrower from time to time during the Availability Period, in an aggregate principal amount at any time outstanding that will not result in
(A) the aggregate principal amount of outstanding Revolving Swingline Loans to the U.S. Borrower exceeding the U.S. Swingline Commitment and (B) the total Revolving Facility Exposure exceeding the total Revolving Facility Commitments and
(ii) the Euro Swingline Lender agrees to make Revolving Swingline Loans in euro to the German Borrower from time to time during the Availability Period in an aggregate principal amount at any time outstanding that will not result in
(A) the Dollar Equivalent of the aggregate principal amount of Revolving Swingline Loans made to the German Borrower exceeding the Euro Swingline Commitment or (B) the total Revolving Facility Exposure exceeding the total Revolving
Facility Commitments; provided, that no Swingline Lender shall be required to make a Swingline Loan to refinance an outstanding Swingline Borrowing. In addition, (i) the U.S. Swingline Lender agrees to make One-Time Swingline Loans in
Dollars to the U.S. Borrower on the One-Time Swingline Borrowing Date, in an aggregate principal amount at any time outstanding that will not result in (A) the aggregate principal amount of outstanding One-Time Swingline Loans to the U.S.
Borrower exceeding the U.S. One-Time Swingline Commitment and (B) the total Revolving Facility Exposure exceeding the total Revolving Facility Commitments and (ii) the Euro Swingline Lender agrees to make One-Time Swingline Loans in euro
to the German Borrower on the One-Time Swingline Borrowing Date in an aggregate principal amount at any time outstanding that will not result in (A) the Dollar Equivalent of the aggregate principal amount of One-Time Swingline Loans made to the
German Borrower exceeding the Euro One-Time Swingline Commitment or (B) the total Revolving Facility Exposure exceeding the total Revolving Facility Commitments. Within the foregoing limits and subject to the terms and conditions set forth
herein, the Borrowers may borrow, prepay and reborrow Swingline Loans (other than One-Time Swingline Loans). Amounts repaid in respect of One-Time Swingline Loans may not be reborrowed. 
 (b) To request a Swingline Borrowing, the applicable Borrower shall notify the Administrative Agent and the applicable Swingline Lender of such request
by telephone (confirmed by a Swingline Borrowing Request by telecopy), not later than 1:00 p.m., Local Time, on the day of a proposed Swingline Borrowing. Each such notice and Swingline 

  

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Borrowing Request shall be irrevocable and shall specify (i) the requested date (which shall be a Business Day) of the Swingline Borrowing,
(ii) the amount of the requested Swingline Borrowing and (iii) in the case of a Swingline Borrowing to be made by the German Borrower, the Interest Period to be applicable thereto, which shall be an Interest Period contemplated by clause
(b) of the definition of “Interest Period”. If no Interest Period is specified with respect to a requested Euro Swingline Loan, then the German Borrower shall be deemed to have selected an Interest Period ending on the earlier of
(x) the first date after such Swingline Loan is made that is the 15th day of a calendar month and (y) the first date after such Swingline Loan is made that is the last day of a calendar month and, in each case, at least one Business Day
after such Swingline Loan is made. The applicable Swingline Lender shall consult with the Administrative Agent as to whether the making of such Swingline Loan is in accordance with the terms of this Agreement prior to such Swingline Lender funding
such Swingline Loan. Each Swingline Lender shall make each of its Swingline Loans in accordance with Section 2.02(a) on the proposed date thereof by wire transfer of immediately available funds by 3:00 p.m., Local Time, to the account of the
applicable Borrower (or, in the case of a Swingline Borrowing made to finance the reimbursement of an L/C Disbursement as provided in Section 2.05(e), by remittance to the applicable Issuing Bank). 
 (c) A Swingline Lender may by written notice given to the Administrative Agent not later than 10:00 a.m., Local Time, on any Business Day require the
Revolving Facility Lenders to acquire participations on such Business Day in all or a portion of such outstanding Swingline Loans made by it. Such notice shall specify the aggregate amount of such Swingline Loans in which such Revolving Facility
Lenders will participate. Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each such Revolving Facility Lender, specifying in such notice such Revolving Facility Lender’s Pro Rata Share of such
Swingline Loan or Loans. Each Revolving Facility Lender hereby absolutely and unconditionally agrees, promptly upon receipt of notice as provided above, to pay to the Administrative Agent for the account of the applicable Swingline Lender such
Revolving Facility Lender’s Pro Rata Share of such Swingline Loan or Loans. Each Revolving Facility Lender acknowledges and agrees that its respective obligation to acquire participations in Swingline Loans pursuant to this paragraph is
absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Revolving Facility Commitments, and that each such payment shall be made
without any offset, abatement, withholding or reduction whatsoever. Each Revolving Facility Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in
Section 2.06 with respect to Loans made by such Revolving Facility Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the
applicable Swingline Lender the amounts so received by it from the Revolving Facility Lenders. The Administrative Agent shall notify each Borrower of any participations in any Swingline Loan made to such Borrower acquired pursuant to this
paragraph (c), and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to the applicable Swingline Lender. Any amounts received by a Swingline Lender from any Borrower (or other party on
behalf of such Borrower) in respect of a Swingline Loan after receipt by such Swingline Lender of the proceeds of a sale of participations therein shall be promptly remitted to the Administrative Agent; any such amounts received by the
Administrative Agent shall be promptly remitted by the Administrative Agent to the Revolving Facility Lenders that shall have made their payments 

  

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pursuant to this paragraph and to such Swingline Lender, as their interests may appear; provided, that any such payment so remitted shall be repaid to
the applicable Swingline Lender or to the Administrative Agent, as applicable, if and to the extent such payment is required to be refunded to the applicable Borrower for any reason. The purchase of participations in a Swingline Loan pursuant to
this paragraph shall not relieve the applicable Borrower of any default in the payment thereof. 
 SECTION 2.05. Letters of Credit.
(a) General. Subject to the terms and conditions set forth herein (including, with respect to Synthetic Letters of Credit, Section 2.22), (i) the German Borrower may request the issuance of Revolving Letters of Credit and
Synthetic Letters of Credit, in each case denominated in Foreign Currencies or Dollars and (ii) the U.S. Borrower may request the issuance of Revolving Letters of Credit denominated in Foreign Currencies or Dollars, in each case for its own
account (or for the account of a Subsidiary, so long as such Borrower and such Subsidiary are co-applicants) in a form reasonably acceptable to the applicable Issuing Bank, at any time and from time to time during the Availability Period prior to
the date that is five Business Days prior to (i) the Revolving Facility Maturity Date (in the case of Revolving Letters of Credit) and (ii) the Synthetic L/C Maturity Date (in the case of Synthetic Letters of Credit). For purposes hereof,
(i) all Letters of Credit that are issued for the account of the German Borrower shall at all times and from time to time be deemed to be Synthetic Letters of Credit in the amount specified in the definition of the term “Synthetic Letters
of Credit” and be deemed to be Revolving Letters of Credit only to the extent, and in an amount by which, the aggregate amount of outstanding Letters of Credit that are issued for the account of the German Borrower exceeds such amount specified
in the definition of the term “Synthetic Letters of Credit”, (ii) drawings under any Letter of Credit issued for the account of the German Borrower shall be deemed to have been made under Revolving Letters of Credit for so long as,
and to the extent that, there are any undrawn Revolving Letters of Credit outstanding that are issued for the account of the German Borrower (and thereafter drawings under such Letters of Credit shall be deemed to have been made under Synthetic
Letters of Credit) and (iii) any Letter of Credit that is issued for the account of the German Borrower and that expires or terminates will be deemed to be a Revolving Letter of Credit for so long as, and to the extent that, there are
outstanding Revolving Letters of Credit that are issued for the account of the German Borrower immediately prior to such expiration or termination; provided, however, that at any time during which an Event of Default shall have
occurred and be continuing, (A) Letters of Credit that are issued for the account of the German Borrower shall be deemed to be Revolving Letters of Credit and Synthetic Letters of Credit, (B) drawings under Letters of Credit that are
issued for the account of the German Borrower shall be deemed to have been made under Revolving Letters of Credit and Synthetic Letters of Credit and (C) any Letter of Credit that is issued for the account of the German Borrower and that
expires or terminates shall be deemed to be Revolving Letter of Credit and a Synthetic Letter of Credit, in each case pro rata based upon (1) the total Revolving Facility Commitments at such time and (2) the sum of the total
Credit-Linked Deposits of all Synthetic L/C Lenders at such time and the amount of the total Credit-Linked Deposits of all Synthetic L/C Lenders that shall have been applied to reimburse outstanding Synthetic L/C Disbursements at such time. To the
extent necessary to implement the foregoing, the identification of a Letter of Credit as a Revolving Letter of Credit or a Synthetic Letter of Credit may change from time to time and a portion of a Letter of Credit may be deemed to be a Synthetic
Letter of Credit and the remainder be deemed to be a Revolving Letter of Credit. Notwithstanding the foregoing, the entire face amount of any Letter 

  

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of Credit with an expiration date after the Revolving Facility Maturity Date shall be deemed to be a Synthetic Letter of Credit, subject to the limitations
set forth in clause (i) of the second sentence of this paragraph (a). In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other
agreement submitted by a Borrower to, or entered into by a Borrower with, an Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control. Each Existing Letter of Credit shall be deemed to be a Letter of
Credit under this Facility and each Lender that is an issuer of an Existing Letter of Credit shall be deemed to be an Issuing Bank with respect to such Existing Letter of Credit and shall have all rights of an Issuing Bank hereunder (but shall have
no obligation to extend or renew any Existing Letter of Credit or to issue additional Letters of Credit) until such Existing Letter of Credit has been terminated. 
 (b) Notice of Issuance, Amendment, Renewal, Extension: Certain Conditions. To request the issuance of a Letter of Credit (or the amendment, renewal (other than an automatic extension in accordance with
paragraph (c) of this Section) or extension of an outstanding Letter of Credit), a Borrower shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by the applicable Issuing Bank)
to the applicable Issuing Bank and the Administrative Agent (three Business Days in advance of the requested date of issuance, amendment or extension or such shorter period as the Administrative Agent and the applicable Issuing Bank in their sole
discretion may agree) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended or extended, and specifying the date of issuance, amendment or extension (which shall be a Business Day), the date on
which such Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the amount of such Letter of Credit, the currency in which such Letter of Credit is to be denominated (which may be a Foreign Currency), the name
and address of the beneficiary thereof and such other information as shall be necessary to issue, amend or extend such Letter of Credit. If requested by the applicable Issuing Bank, such Borrower also shall submit a letter of credit application on
such Issuing Bank’s standard form in connection with any request for a Letter of Credit. A Letter of Credit shall be issued, amended or extended only if (and upon issuance, amendment or extension of each Letter of Credit such Borrower shall be
deemed to represent and warrant that), after giving effect to such issuance, amendment or extension (i) the Revolving L/C Exposure will not exceed $100,000,000, (ii) the Revolving Facility Exposure will not exceed the Revolving Facility
Commitments, (iii) the Synthetic L/C Exposure will not exceed the total Credit-Linked Deposits of all Synthetic L/C Lenders, and (iv) all conditions precedent in Section 4.01 have been satisfied (or waived by the (x) the Majority
Lenders under the Revolving Credit Facility and (y) Synthetic L/C Lenders with Synthetic L/C Exposure and Excess Credit-Linked Deposits representing greater than 50% of the total Synthetic L/C Exposure and Excess Credit-Linked Deposits of all
Synthetic L/C Lenders). No Issuing Bank shall permit any such issuance, renewal, extension or amendment resulting in an increase in the amount of any Letter of Credit without first obtaining written confirmation from the Administrative Agent that it
is then permitted under this Agreement. 
 (c) Expiration Date. Each Letter of Credit shall expire at or prior to the close of
business on the earlier of (i) the date one year (unless otherwise agreed upon by the Administrative Agent and the Issuing Bank in their sole discretion) after the date of the issuance of such Letter of Credit (or, in the case of any extension
thereof, one year (unless otherwise agreed upon by the Administrative Agent and the Issuing Bank in their sole discretion) after such 

  

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renewal or extension) and (ii) the date that is five Business Days prior to (A) in the case of any Revolving Letter of Credit, the Revolving
Facility Maturity Date and (B) in the case of any Synthetic Letter of Credit, the Synthetic L/C Maturity Date; provided, that any Letter of Credit with one year tenor may provide for automatic extension thereof for additional one year
periods (which, in no event, shall extend beyond the date referred to in clause (ii) of this paragraph (c)) so long as such Letter of Credit permits the applicable Issuing Bank to prevent any such extension at least once in such twelve-month
period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof at least 30 days prior to the then-applicable expiration date that such Letter of Credit will not be renewed; provided
further, that if the applicable Issuing Bank and the Administrative Agent each consent in their sole discretion, the expiration date on any Letter of Credit may extend beyond the date referred to in clause (ii) above, provided, that
if any such Letter of Credit is outstanding or the expiration date is extended to a date after the date that is five Business Days prior to (A) in the case of any Revolving Letter of Credit, the Revolving Facility Maturity Date and (B) in
the case of any Synthetic Letter of Credit, the Synthetic L/C Maturity Date the applicable Borrower shall provide cash collateral in the currency in which such Letter of Credit is denominated pursuant to documentation reasonably satisfactory to the
Administrative Agent and the relevant Issuing Bank in an amount equal to 105% of the face amount of each such Letter of Credit or provide a back-to-back letter of credit, in form and substance and from an issuing bank reasonably satisfactory to the
relevant Issuing Bank, on or prior to the date that is five Business Days prior to (A) in the case of any Revolving Letter of Credit, the Revolving Facility Maturity Date and (B) in the case of any Synthetic Letter of Credit, the Synthetic
L/C Maturity Date or in each case, if later, such date of issuance. 
 (d) Participations. (i) By the issuance of a Revolving
Letter of Credit (or an amendment to a Revolving Letter of Credit increasing the amount thereof), and without any further action on the part of the applicable Issuing Bank or the Revolving Facility Lenders, such Issuing Bank hereby grants to each
Revolving Facility Lender, and each such Revolving Facility Lender hereby acquires from such Issuing Bank, a participation in such Revolving Letter of Credit equal to the product of (A) such Revolving Facility Lender’s Pro Rata Share and
(B) the aggregate amount available to be drawn under such Revolving Letter of Credit. In consideration and in furtherance of the foregoing, each Revolving Facility Lender hereby absolutely and unconditionally agrees to pay to the Administrative
Agent in Dollars, for the account of the applicable Issuing Bank, an amount equal to the product of (A) such Revolving Facility Lender’s Pro Rata Share and (B) (1) each Revolving L/C Disbursement made by such Issuing Bank in
Dollars and (2) the Dollar Equivalent, using the applicable Spot Rate in effect on the date such payment is required, of each Revolving L/C Disbursement made by such Issuing Bank in a Foreign Currency and, in each case, not reimbursed by the
applicable Borrower on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to any Borrower for any reason (or if such reimbursement was refunded in a Foreign Currency, the Dollar
Equivalent thereof using the applicable Spot Rate in effect on the date of such refund). Each Revolving Facility Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Revolving Letters
of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Revolving Letter of Credit or the occurrence and continuance of a Default or reduction or
termination of the Revolving Facility Commitments, 

  

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and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. 
 (ii) Each Synthetic L/C Lender hereby acknowledges that it holds a participation in each Synthetic Letter of Credit equal to such Synthetic L/C
Lender’s Pro Rata Share of the aggregate amount available to be drawn under such Synthetic Letter of Credit. The Administrative Agent hereby acknowledges that it holds the Credit-Linked Deposit of each Synthetic L/C Lender. Each Synthetic L/C
Lender hereby absolutely and unconditionally agrees that if an Issuing Bank makes a Synthetic L/C Disbursement that is not reimbursed by the German Borrower on the date due as provided in paragraph (e) of this Section, or is required to refund
any reimbursement payment in respect of a Synthetic L/C Disbursement to the German Borrower for any reason, the Administrative Agent shall reimburse the applicable Issuing Bank in Dollars for the amount of such Synthetic L/C Disbursement (or, in the
case of a Synthetic L/C Disbursement made in a Foreign Currency, the Dollar Equivalent, using the Spot Rate in effect on the date such payment is required, of such Synthetic L/C Disbursement) from such Synthetic L/C Lender’s Credit-Linked
Deposit on deposit in the Credit-Linked Deposit Account. In the event the Credit-Linked Deposit Account is charged by the Administrative Agent to reimburse the applicable Issuing Bank for an unreimbursed Synthetic L/C Disbursement, the German
Borrower shall have the right, at any time prior to the Synthetic L/C Maturity Date, to pay over to the Administrative Agent in reimbursement thereof an amount equal to the amount so charged and such payment shall be deposited by the Administrative
Agent in the Credit-Linked Deposit Account. Each Synthetic L/C Lender acknowledges and agrees that its obligation to acquire and fund participations in respect of Synthetic Letters of Credit pursuant to this subparagraph (ii) is unconditional
and irrevocable and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Synthetic Letter of Credit or the occurrence and continuance of a Default or Event of Default or the return of the
Credit-Linked Deposits, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Without limiting the foregoing, each Synthetic L/C Lender irrevocably authorizes the Administrative Agent to apply
amounts of its Credit-Linked Deposit as provided in this subparagraph (ii). 
 (e) Reimbursement. (i) If an Issuing Bank
shall make any L/C Disbursement in respect of a Letter of Credit, the applicable Borrower shall reimburse such L/C Disbursement by paying to the Administrative Agent an amount equal to such L/C Disbursement in the currency of such L/C Disbursement
not later than 2:00 p.m., Local Time, on the next Business Day after such Borrower receives notice under paragraph (g) of this Section of such L/C Disbursement, together with accrued interest thereon from the date of such L/C Disbursement
(A) in the case of L/C Disbursements in respect of Letters of Credit issued for the account of the U.S. Borrower, at the rate applicable to ABR Loans and (B) in the case of L/C Disbursements in respect of Letters of Credit issued for the
account of the German Borrower, at the rate applicable to Euro Swingline Loans; provided, that the applicable Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 or 2.04 that
such payment be financed with an ABR Revolving Facility Borrowing or Swingline Borrowing, as applicable, in an equivalent amount and, to the extent so financed, such Borrower’s obligation to make such payment shall be discharged and replaced by
the resulting ABR Revolving Facility Borrowing or Swingline Borrowing. 
  

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 (ii) If any Borrower fails to reimburse any Revolving L/C Disbursement when due, then (A) if such
payment relates to a Foreign Currency Letter of Credit, automatically and with no further action required, such Borrower’s obligation to reimburse the applicable Revolving L/C Disbursement shall be permanently converted into an obligation to
reimburse the Dollar Equivalent, calculated using the applicable Spot Rate on the date when such payment was due, of such Revolving L/C Disbursement and (B) in the case of each Revolving L/C Disbursement, the Administrative Agent shall promptly
notify the applicable Issuing Bank and each other Revolving Facility Lender of such Revolving L/C Disbursement, the payment then due from such Borrower in respect thereof and, in the case of a Revolving Facility Lender, such Lender’s Pro Rata
Share thereof. Promptly following receipt of such notice, each Revolving Facility Lender shall pay to the Administrative Agent in Dollars its Pro Rata Share of the payment then due from such Borrower in the same manner as provided in
Section 2.06 with respect to Loans made by such Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Revolving Facility Lenders), and the Administrative Agent shall promptly pay to the
applicable Issuing Bank the amounts so received by it from the Revolving Facility Lenders. Promptly following receipt by the Administrative Agent of any payment from a Borrower pursuant to this paragraph, the Administrative Agent shall distribute
such payment to the applicable Issuing Bank or, to the extent that Revolving Facility Lenders have made payments pursuant to this paragraph to reimburse such Issuing Bank, then to such Lenders and such Issuing Bank as their interests may appear. Any
payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse an Issuing Bank for any Revolving L/C Disbursement (other than the funding of an ABR Revolving Loan or a Swingline Borrowing as contemplated above) shall not
constitute a Loan and shall not relieve the applicable Borrower of its obligation to reimburse such Revolving L/C Disbursement. If the German Borrower’s reimbursement of, or obligation to reimburse, any amounts in any Foreign Currency would
subject to the Administrative Agent, the applicable Issuing Bank or any lender to any stamp duty, ad valorem charge or similar tax that would not be payable if such reimbursement were made or required to be made in Dollars, then the German Borrower
shall, at its option, either (A) pay the amount of any such tax requested by the Administrative Agent, the relevant Issuing Bank or Lender or (B) reimburse each Revolving L/C Disbursement made in such Foreign Currency in Dollars, in an
amount equal to the Dollar Equivalent, calculated using the applicable Spot Rate on the date such Revolving L/C Disbursement is made, of such Revolving L/C Disbursement. 
 (iii) If the German Borrower fails to reimburse any Synthetic L/C Disbursement when due, then (A) if such payment relates to a Foreign Currency Letter of Credit, automatically and with no further action required,
such Borrower’s obligation to reimburse the applicable Synthetic L/C Disbursement shall be permanently converted into an obligation to reimburse the Dollar Equivalent, calculated using the applicable Spot Rate on the date when such payment was
due, of such Synthetic L/C Disbursement and (B) in the case of each Synthetic L/C Disbursement, the Administrative Agent shall notify each Synthetic L/C Lender of the applicable Synthetic L/C Disbursement, the payment then due from the German
Borrower in respect thereof and such Lender’s Pro Rata Share of the Dollar Equivalent thereof, and the Administrative Agent shall promptly pay to the applicable Issuing Bank each Synthetic L/C Lender’s Pro Rata Share of the Dollar
Equivalent of such Synthetic L/C Disbursement from such Lender’s Credit-Linked Deposit. Promptly following the receipt by the Administrative Agent of any payment by the German Borrower in respect of any Synthetic L/C Disbursement, the
Administrative Agent shall 

  

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distribute such payment to the applicable Issuing Bank or, to the extent payments have been made from the Credit-Linked Deposits, to the Credit-Linked
Deposit Account to be added to the Credit-Linked Deposits of the Synthetic L/C Lenders in accordance with their Pro Rata Shares. The German Borrower acknowledges that each payment made pursuant to this subparagraph (iii) in respect of any
Synthetic L/C Disbursement is required to be made for the benefit of the distributees indicated in the immediately preceding sentence. Any payment from the Credit-Linked Deposit Account, or from funds of the Administrative Agent, pursuant to this
paragraph to reimburse an Issuing Bank for any Synthetic L/C Disbursement shall not constitute a Loan and shall not relieve the German Borrower of its obligation to reimburse such Synthetic L/C Disbursement. 
 (f) Obligations Absolute. The obligations of the Borrowers to reimburse L/C Disbursements as provided in paragraph (e) of this
Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever and irrespective of (i) any lack of validity or
enforceability of any Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or other document presented under a Letter of Credit proving to be forged, fraudulent or invalid in any respect or any statement therein
being untrue or inaccurate in any respect, (iii) payment by the applicable Issuing Bank under a Letter of Credit against presentation of a draft or other document that does not comply with the terms of such Letter of Credit or (iv) any
other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or equitable discharge of, or provide a right of setoff against, the applicable
Borrower’s obligations hereunder. Neither the Administrative Agent, the Lenders nor any Issuing Bank, nor any of their Related Parties, shall have any liability or responsibility by reason of or in connection with the issuance or transfer of
any Letter of Credit or any payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in transmission or delivery of any
draft, notice or other communication under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising from causes beyond the control
of such Issuing Bank, or any of the circumstances referred to in clauses (i), (ii) or (iii) of the first sentence; provided, that the foregoing shall not be construed to excuse the applicable Issuing Bank from liability to the
applicable Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are hereby waived by the applicable Borrower to the extent permitted by applicable law) suffered by the applicable Borrower that
are determined by a final and binding decision of a court of competent jurisdiction to have been caused by such Issuing Bank’s failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit
comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of the applicable Issuing Bank, such Issuing Bank shall be deemed to have exercised care in each such
determination. In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents presented which appear on their face to be in substantial compliance with the terms of a Letter of Credit,
the applicable Issuing Bank may, in its sole discretion, either accept and make payment upon such documents without responsibility for further investigation, regardless of any notice or information to the contrary or refuse to accept and make
payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit. 
  

 71 

 (g) Disbursement Procedures. Each Issuing Bank shall, promptly following its receipt thereof,
examine all documents purporting to represent a demand for payment. Such Issuing Bank shall promptly notify the Administrative Agent and the applicable Borrower by telephone (confirmed by telecopy) of any such demand for payment and whether such
Issuing Bank has made or will make a L/C Disbursement thereunder; provided, that any failure to give or delay in giving such notice shall not relieve the applicable Borrower of its obligation to reimburse such Issuing Bank and the Revolving
Facility Lenders or Synthetic L/C Lenders, as applicable, with respect to any such L/C Disbursement. 
 (h) Interim Interest. If an
Issuing Bank shall make any L/C Disbursement, then, unless the applicable Borrower shall reimburse such L/C Disbursement in full on the date such L/C Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and
including the date such L/C Disbursement is made to but excluding the date that the applicable Borrower reimburses such L/C Disbursement, (i) in the case of Revolving L/C Disbursements made in Dollars, and at all times following the conversion
to Dollars of a Revolving L/C Disbursement made in a Foreign Currency pursuant to paragraph (e) above, at the rate per annum then applicable to ABR Revolving Loans, (ii) in the case of L/C Disbursements made in Foreign Currencies, at all
times prior to their conversion to Dollars pursuant to paragraph (e) above, at the rate applicable to Euro Swingline Loans and (iii) in the case of Synthetic L/C Disbursements made in Dollars, at the rate per annum then applicable to ABR
Revolving Loans; provided that, if such L/C Disbursement is not reimbursed by the applicable Borrower when due pursuant to paragraph (e) of this Section, then Section 
 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Revolving Facility Lender
pursuant to paragraph (e)(ii) of this Section or from the Credit-Linked Deposit Account pursuant to paragraph (e)(iii) of this Section to reimburse such Issuing Bank shall be for the account of such Revolving Facility Lender or Synthetic
L/C Lender, as applicable, to the extent of such payment. 
 (i) Replacement of an Issuing Bank. An Issuing Bank may be replaced at
any time by written agreement among the Borrowers, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such
replacement shall become effective, the Borrowers shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12. From and after the effective date of any such replacement, (i) the successor Issuing
Bank shall have all the rights and obligations of the replaced Issuing Bank under this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing Bank” shall be deemed to refer
to such successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the replacement of an Issuing Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall
continue to have all the rights and obligations of such Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such replacement but shall not be required to issue additional Letters of Credit. 
 (j) Cash Collateralization. If any Event of Default shall occur and be continuing, (i) in the case of an Event of Default described in
Section 7.01(h) or (i), on the Business Day or (ii) in the case of any other Event of Default, on the third Business Day, in each 

  

 72 

 
case, following the date on which the Borrowers receive notice from the Administrative Agent (or, if the maturity of the Loans has been accelerated,
Revolving Facility Lenders and Synthetic L/C Lenders with L/C Exposure representing greater than 50% of the total L/C Exposure) demanding the deposit of cash collateral pursuant to this paragraph, each Borrower shall deposit in a separate account
with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders, an amount in cash in Dollars equal to the aggregate L/C Exposure with respect to such Borrower as of such date plus any accrued and unpaid
interest thereon; provided, that (i) the portions of such amount attributable to undrawn Foreign Currency Letters of Credit or L/C Disbursements in a Foreign Currency that the Borrowers are not late in reimbursing shall be deposited in
the applicable Foreign Currencies in the actual amounts of such undrawn Letters of Credit and L/C Disbursements and (ii) upon the occurrence of any Event of Default with respect to any Borrower described in clause (h) or (i) of
Section 7.01, the obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and payable, without demand or other notice of any kind. Each such deposit pursuant to this paragraph
shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the applicable Borrower under this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive
right of withdrawal, over such account. Other than any interest earned on the investment of such deposits, which investments shall be made at the option and sole discretion of (i) for so long as an Event of Default shall be continuing, the
Administrative Agent and (ii) at any other time, the Borrowers, in each case, in Permitted Investments and at the risk and expense of the Borrowers, such deposits shall not bear interest. Interest or profits, if any, on such investments shall
accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to reimburse each Issuing Bank for L/C Disbursements for which such Issuing Bank has not been reimbursed and, to the extent not so applied, shall be held
for the satisfaction of the reimbursement obligations of the applicable Borrower for the applicable Synthetic L/C Exposure and Revolving L/C Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of
Revolving Facility Lenders and Synthetic L/C Lenders with L/C Exposure representing greater than 50% of the total L/C Exposure), be applied to satisfy other obligations of the applicable Borrower under this Agreement. If any Borrower is required to
provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to such Borrower within three Business Days after all Events of Default have
been cured or waived. 
 (k) Additional Issuing Banks. From time to time, the Borrowers may by notice to the Administrative Agent
designate any Revolving Facility Lender (in addition to JPMCB) each of which agrees (in its sole discretion) to act in such capacity and is reasonably satisfactory to the Administrative Agent as an Issuing Bank with respect to Revolving Letters of
Credit, Synthetic Letters of Credit or both. 
 (l) Reporting. Unless otherwise requested by the Administrative Agent, each Issuing
Bank shall (i) provide to the Administrative Agent copies of any notice received from any Borrower pursuant to Section 2.05(b) no later than the next Business Day after receipt thereof and (ii) report in writing to the Administrative
Agent (A) on the first Business Day of each week, the daily activity (set forth by day) in respect of Letters of Credit during the immediately preceding week, including all issuances, extensions, amendments and renewals, all expirations and
cancelations and all disbursements and reimbursements, (B) on or prior to each 

  

 73 

 
Business Day on which such Issuing Bank expects to issue, amend, renew or extend any Letter of Credit, the date of such issuance, amendment, renewal or
extension, and the aggregate face amount of the Letters of Credit to be issued, amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension occurred (and whether the amount thereof
changed), and no Issuing Bank shall be permitted to issue, amend, renew or extend such Letter of Credit without first obtaining written confirmation from the Administrative Agent that such issuance, amendment, renewal or extension is then permitted
under this Agreement, (C) on each Business Day on which such Issuing Bank makes any L/C Disbursement, the date of such L/C Disbursement and the amount of such L/C Disbursement and (D) on any other Business Day, such other information as
the Administrative Agent shall reasonably request, including but not limited to prompt verification of such information as may be requested by the Administrative Agent. 
 (m) Conversion. In the event that the Loans become immediately due and payable on any date pursuant to Section 7.01, all amounts (i) that a Borrower is at the time or thereafter becomes required to
reimburse or otherwise pay to the Administrative Agent in respect of L/C Disbursements made under any Foreign Currency Letter of Credit (other than amounts in respect of which such Borrower has deposited cash collateral pursuant to
paragraph (j) above, if such cash collateral was deposited in the applicable Foreign Currency to the extent so deposited or applied), (ii) that the Revolving Facility Lenders are at the time or thereafter become required to pay to the
Administrative Agent and the Administrative Agent is at the time or thereafter becomes required to distribute to the applicable Issuing Bank pursuant to paragraph (e) of this Section in respect of unreimbursed L/C Disbursements made under any
Foreign Currency Letter of Credit and (iii) of each Revolving Facility Lender’s participation in any Foreign Currency Letter of Credit under which an L/C Disbursement has been made shall, automatically and with no further action required,
be converted into the Dollar Equivalent, calculated using the applicable Spot Rates on such date (or in the case of any L/C Disbursement made after such date, on the date such L/C Disbursement is made), of such amounts. On and after such conversion,
all amounts accruing and owed to the Administrative Agent, the applicable Issuing Bank or any Lender in respect of the obligations described in this paragraph shall accrue and be payable in Dollars at the rates otherwise applicable hereunder.

 SECTION 2.06. Funding of Borrowings. (a) Each Lender shall make each Loan to be made by it hereunder on the proposed date
thereof by wire transfer of immediately available funds by 12:00 noon, Local Time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided, that Swingline Loans shall be
made as provided in Section 2.04. The Administrative Agent will make such Loans available to the applicable Borrower by promptly crediting the amounts so received, in like funds, to an account of the applicable Borrower as specified in the
applicable Borrowing Request; provided, that ABR Revolving Loans and Swingline Borrowings made to finance the reimbursement of a L/C Disbursement and reimbursements as provided in Section 2.05(e) shall be remitted by the Administrative
Agent to the applicable Issuing Bank. 
 (b) Unless the Administrative Agent shall have received notice from a Lender prior to the proposed
date of any Borrowing that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with

  

 74 

 
paragraph (a) of this Section and may, in reliance upon such assumption, make available to the applicable Borrower a corresponding amount. In such
event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the applicable Borrower severally agree to pay to the Administrative Agent forthwith on demand
(without duplication) such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the applicable Borrower to but excluding the date of payment to the Administrative Agent, at (i) in
the case of such Lender, (x) in the case of a Borrowing by the U.S. Borrower, the greater of (A) the Federal Funds Effective Rate and (B) a rate determined by the Administrative Agent in accordance with banking industry rules on
interbank compensation or (y) in the case of a Borrowing by the German Borrower, the interest rate applicable to Euro Swingline Loans at such time or (ii) in the case of a Borrower, (x) in the case of a Borrowing by the U.S. Borrower,
the interest rate applicable to ABR Loans at such time and (y) in the case of a Borrowing by the German Borrower, the interest rate applicable to Euro Swingline Loans at such time. If such Lender pays such amount to the Administrative Agent,
then such amount shall constitute such Lender’s Loan included in such Borrowing. If such Borrower pays such amount to the Administrative Agent, then such amount (exclusive of any interest thereon) shall constitute a reduction of such Borrowing.

 SECTION 2.07. Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the applicable Borrowing
Request (subject to the restrictions set forth in this Agreement) and, in the case of a Eurocurrency Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the applicable Borrower may elect (subject to
the restrictions set forth in this Agreement) to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurocurrency Borrowing, may elect Interest Periods therefor, all as provided in this Section. The
applicable Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans
comprising each such portion shall be considered a separate Borrowing. This Section shall not apply to Swingline Borrowings, which may not be converted or continued. 
 (b) To make an election pursuant to this Section, a Borrower shall notify the Administrative Agent of such election by telephone by the time that a Borrowing Request would be required under Section 2.03 if such
Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery or
telecopy to the Administrative Agent of a written Interest Election Request in a form approved by the Administrative Agent and signed by such Borrower. 
 (c) Each telephonic and written Interest Election Request shall be irrevocable and shall specify the following information in compliance with Section 2.02: 
 (i) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different
portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be 

  

 75 

 
specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting Borrowing); 
 (ii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; 
 (iii) in the case of Borrowings by the U.S. Borrower, whether the resulting Borrowing is to be an ABR Borrowing or a Eurocurrency
Borrowing; and 
 (iv) if the resulting Borrowing is a Eurocurrency Borrowing, the Interest Period to be applicable thereto
after giving effect to such election, which shall be a period contemplated by the definition of the term “Interest Period.” 
 If any such Interest
Election Request requests a Eurocurrency Borrowing but does not specify an Interest Period, then the applicable Borrower shall be deemed to have selected an Interest Period of one month’s duration. 
 (d) Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender to which such Interest Election Request
relates of the details thereof and of such Lender’s portion of each resulting Borrowing. 
 (e) If any Borrower fails to deliver a
timely Interest Election Request with respect to a Eurocurrency Borrowing prior to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period such Borrowing shall
be (i) in the case of a Borrowing by the U.S. Borrower, converted to an ABR Borrowing and (ii) in the case of a Borrowing by the German Borrower, continued as a Eurocurrency Borrowing with an Interest Period of one month’s duration
commencing on the last day of such Interest Period. Notwithstanding any contrary provision hereof, if an Event of Default has occurred and is continuing and the Administrative Agent, at the written request (including a request through electronic
means) of the Required Lenders, so notifies the Borrowers, then, so long as an Event of Default is continuing (i) no outstanding Borrowing by the U.S. Borrower may be converted to or continued as a Eurocurrency Borrowing and (ii) unless
repaid, each such Eurocurrency Borrowing shall be (i) in the case of a Borrowing by the U.S. Borrower, converted to an ABR Borrowing and (ii) in the case of a Borrowing by the German Borrower, continued as a Eurocurrency Borrowing with an
Interest Period of one month’s duration. 
 SECTION 2.08. Termination and Reduction of Commitments; Return of Credit-Linked
Deposits. (a) Unless previously terminated, (i) the Revolving Facility Commitments shall terminate on the Revolving Facility Maturity Date, (ii) the Tranche B-1 Term Loan Commitments and Tranche B-2 Term Loan Commitments (other
than any Incremental Term Loan Commitments to make Incremental Term Loans in the form of Term B Loans) shall terminate at 5:00 p.m., New York City time, on the Closing Date, (iii) the Synthetic L/C Commitments shall terminate at 5:00 p.m.,
New York City time, on the Closing Date and (iv) the One-Time Swingline Commitments shall terminate on the earlier of (A) 5:00 p.m., New York City time, on the 45th day after the Closing Date and (B) the making of the One-Time
Swingline Loans. 
  

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 (b) The U.S. Borrower may at any time terminate, or from time to time reduce, the Revolving Facility
Commitments; provided, that (i) each reduction of the Revolving Facility Commitments shall be in an amount that is an integral multiple of $1.0 million and not less than $5.0 million (or, if less, the remaining amount of the Revolving
Facility Commitments) and (ii) the U.S. Borrower shall not terminate or reduce the Revolving Facility Commitments if, after giving effect to such termination or reduction and any concurrent prepayment of the Revolving Facility Loans in
accordance with Section 2.11, the Revolving Facility Exposure would exceed the Revolving Facility Commitments. The German Borrower may at any time or from time to time direct the Administrative Agent to reduce the total Credit-Linked Deposits;
provided that (i) each reduction of the Credit-Linked Deposits shall be in an amount that is an integral multiple of $1.0 million and not less than $5.0 million (or, if less, the remaining amount of the total Credit-Linked Deposits) and
(ii) the German Borrower shall not direct the Administrative Agent to reduce the Credit-Linked Deposits if, after giving effect to such reduction (and to the provisions of Section 2.05(a)), the aggregate Synthetic L/C Exposure would exceed
the total Credit-Linked Deposits or the Revolving Facility Exposure would exceed the total Revolving Facility Commitments. In the event the total Credit-Linked Deposits shall be reduced as provided in the immediately preceding sentence, the
Administrative Agent will return all amounts in the Credit-Linked Deposit Account in excess of the reduced total Credit-Linked Deposits to the Synthetic L/C Lenders, ratably in accordance with their Pro Rata Shares of the total Credit-Linked Deposit
(as determined immediately prior to such reduction). 
 (c) The applicable Borrower shall notify the Administrative Agent of any election to
terminate or reduce any Revolving Facility Commitments or Credit-Linked Deposits, as applicable, under paragraph (b) of this Section at least three Business Days prior to the effective date of such termination or reduction, specifying such
election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by the U.S. Borrower pursuant to this Section shall be
irrevocable; provided, that a notice of termination of any Revolving Facility Commitments delivered by the U.S. Borrower or of a reduction of the Credit-Linked Deposit to zero delivered by the German Borrower may state that such notice is
conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the applicable Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not
satisfied. Any termination or reduction of the Revolving Facility Commitments or of the Credit-Linked Deposits shall be permanent. Each reduction of the Revolving Facility Commitments or of the Credit-Linked Deposits shall be made ratably among the
Lenders in accordance with their respective Revolving Facility Commitments or Credit-Linked Deposits, as applicable. 
 SECTION 2.09.
Repayment of Loans; Evidence of Debt. (a) Each Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Facility Lender the then unpaid principal amount of each Revolving
Facility Loan of such Lender to such Borrower on the Revolving Facility Maturity Date, (ii) to the applicable Swingline Lender the then unpaid principal amount of each Swingline Loan to such Borrower on (x) in the case of a Euro Swingline
Loan, the last day of the Interest Period applicable to such Swingline Loan and (y) otherwise, the earlier of (A) the Revolving Facility Maturity Date and (B) the first date after such Swingline Loan is made that is the 15th or last
day of a calendar month and is at least five Business Days after such Swingline Loan is made, (iii) to the 

  

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applicable Swingline Lender the then unpaid principal amount of each One-Time Swingline Loan to such Borrower on the date that is five Business Days after
the One-Time Swingline Borrowing Date and (iv) to the Administrative Agent for the account of each Term Facility Lender the then unpaid principal amount of each Term Loan of such Lender to such Borrower as provided in Section 2.10;
provided that on each date that a Revolving Facility Borrowing is made by any Borrower, the U.S. Borrower shall repay all Swingline Loans to the U.S. Borrower then outstanding. 
 (b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender
resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. 
 (c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, the Type thereof and the Interest Period (if any) applicable thereto, (ii) the amount
of any principal or interest due and payable or to become due and payable from each Borrower to each Lender hereunder and (iii) any amount received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s
share thereof. 
 (d) The entries made in the accounts maintained pursuant to paragraph (b) or (c) of this Section shall be
prima facie evidence of the existence and amounts of the obligations recorded therein; provided, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the
obligation of any Borrower to repay the Loans to such Borrower in accordance with the terms of this Agreement. 
 (e) Any Lender may request
that Loans made by it be evidenced by a promissory note (a “Promissory Note”). In such event, the applicable Borrower shall prepare, execute and deliver to such Lender a promissory note payable to the order of such Lender (or, if
requested by such Lender, to such Lender and its registered assigns) and in a form approved by the Administrative Agent and reasonably acceptable to such Borrower. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at
all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the order of the payee named therein (or, if such promissory note is a registered note, to such payee and its
registered assigns). 
 SECTION 2.10. Repayment of Loans. (a) To the extent not previously paid, outstanding Term Loans shall be
due and payable on the applicable Term Facility Maturity Date. 
 (b) Subject to the other paragraphs of this Section, (i) the German
Borrower shall repay Borrowings of Tranche B-1 Term Loans on each date set forth below in the aggregate principal amount set forth opposite such date (each such date being referred to as a “Tranche B-1 Term Loan Installment
Date”) (if any such date is not a Business Day, then the applicable Tranche B-1 Term Loan Installment Date shall be deemed to be the immediately preceding Business Day): 
  

 78 

			
	 Date
	 	 Amount of Tranche B-1
 Term Loans to Be Repaid

	March 31, 2007	 	$1,312,500
	June 30, 2007	 	$1,312,500
	September 30, 2007	 	$1,312,500
	December 31, 2007	 	$1,312,500
	March 31, 2008	 	$1,312,500
	June 30, 2008	 	$1,312,500
	September 30, 2008	 	$1,312,500
	December 31, 2008	 	$1,312,500
	March 31, 2009	 	$1,312,500
	June 30, 2009	 	$1,312,500
	September 30, 2009	 	$1,312,500
	December 31, 2009	 	$1,312,500
	March 31, 2010	 	$1,312,500
	June 30, 2010	 	$1,312,500
	September 30, 2010	 	$1,312,500
	December 31, 2010	 	$1,312,500
	March 31, 2011	 	$1,312,500
	June 30, 2011	 	$1,312,500
	September 30, 2011	 	$1,312,500
	December 31, 2011	 	$1,312,500
	March 31, 2012	 	$1,312,500
	June 30, 2012	 	$1,312,500
	September 30, 2012	 	$1,312,500
	December 31, 2012	 	$1,312,500
	March 31, 2013	 	$1,312,500
	June 30, 2013	 	$1,312,500
	September 30, 2013	 	$1,312,500
		
	Term B Facility Maturity Date	 	$489,562,500 or remainder;

 (ii) the German Borrower shall repay Borrowings of Tranche B-2 Term Loans on each
date set forth below in the aggregate principal amount set forth opposite such date (each such date being referred to as a “Tranche B-2 Term Loan Installment Date”) (if any such date is not a Business Day, then the applicable
Tranche B-2 Term Loan Installment Date shall be deemed to be the immediately preceding Business Day): 
  

			
	 Date
	 	 Amount of Tranche B-2
 Term Loans to Be Repaid

	March 31, 2007	 	€1,000,000
	June 30, 2007	 	€1,000,000
	September 30, 2007	 	€1,000,000
	December 31, 2007	 	€1,000,000
	March 31, 2008	 	€1,000,000

  

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	 Date
	 	 Amount of Tranche B-2
 Term Loans to Be Repaid

	June 30, 2008	 	€1,000,000
	September 30, 2008	 	€1,000,000
	December 31, 2008	 	€1,000,000
	March 31, 2009	 	€1,000,000
	June 30, 2009	 	€1,000,000
	September 30, 2009	 	€1,000,000
	December 31, 2009	 	€1,000,000
	March 31, 2010	 	€1,000,000
	June 30, 2010	 	€1,000,000
	September 30, 2010	 	€1,000,000
	December 31, 2010	 	€1,000,000
	March 31, 2011	 	€1,000,000
	June 30, 2011	 	€1,000,000
	September 30, 2011	 	€1,000,000
	December 31, 2011	 	€1,000,000
	March 31, 2012	 	€1,000,000
	June 30, 2012	 	€1,000,000
	September 30, 2012	 	€1,000,000
	December 31, 2012	 	€1,000,000
	March 31, 2013	 	€1,000,000
	June 30, 2013	 	€1,000,000
	September 30, 2013	 	€1,000,000
		
	Term B Facility Maturity Date	 	€373,000,000 or remainder

 and 
 (iii) in the event that any Incremental Term Loans are made on an Increased Amount Date, the German Borrower shall repay such Incremental
Term Loans on the dates and in the amounts set forth in the applicable Incremental Assumption Agreement (each such date being referred to as an “Incremental Term Loan Installment Date”). 
 (c) Prepayment of the Term Loans from: 
 (i) all Net Proceeds pursuant to Section 2.11(b) and Excess Cash Flow pursuant to Section 2.11(c) shall be allocated to the Term Loans pro rata, with the application thereof (x) to reduce in
order of maturity the next eight unpaid quarterly scheduled amortization payments under paragraph (b) above, and (y) thereafter, to reduce on a pro rata basis (based on the amount of such amortization payments) the remaining
scheduled amortization payments in respect of Term Loans (unless, with respect to any Incremental Term Loans, the Incremental Assumption Agreement relating thereto does not so require); and 
  

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 (ii) any optional prepayments of the Term Loans pursuant to Section 2.11(a) shall be
applied to the remaining amortization payments under paragraph (b) above as the German Borrower may direct. 
 (d) Prior to the
repayment of any Loan or reduction of the Credit-Linked Deposits (other than a Waivable Mandatory Prepayment with respect to which any Lender has exercised its option to waive such payment, in which case the amount of such prepayment due to
Accepting Lenders shall be applied on a pro rata basis to repay a portion of each Term Borrowing made by Accepting Lenders), the applicable Borrower shall select the Borrowing or Borrowings and/or Credit-Linked Deposits to be repaid or reduced and
shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 1:00 p.m., Local Time, (i) in the case of an ABR Borrowing, one Business Day before the scheduled date of such repayment and
(ii) in the case of a Eurocurrency Borrowing or Credit-Linked Deposit, three Business Days before the scheduled date of such repayment. Each repayment of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing and
each reduction of the total Credit-Linked Deposits shall be applied ratably to the Credit-Linked Deposits of the Synthetic L/C Lenders. Repayments of Borrowings shall be accompanied by accrued interest on the amount repaid. Notwithstanding anything
to the contrary in the immediately preceding sentence, prior to any repayment of a Swingline Loan hereunder, the applicable Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the Administrative Agent by telephone
(confirmed by telecopy) of such selection not later than 1:00 p.m., Local Time, on the scheduled date of such repayment. 
 (e) The
Administrative Agent shall return Credit-Linked Deposits in the aggregate amount of $350,000 to the Synthetic L/C Lenders on December 4 (or, if such date is not a Business Day, then on the first Business Day immediately preceding
December 4) of each year, beginning on December 4, 2007. To the extent not previously returned, all Credit-Linked Deposits shall be returned to the Synthetic L/C Lenders on the Synthetic L/C Maturity Date. Any optional return of
Credit-Linked Deposits effected pursuant to Section 2.09 shall be applied to reduce the subsequent scheduled returns of Credit-Linked Deposits to be effected pursuant to this Section as directed by the German Borrower. Each return of
Credit-Linked Deposits pursuant to this Section 2.11(e) shall be accompanied by accrued interest on the amount of such Credit-Linked Deposits paid to but excluding the date of return. In the event that any credit-linked deposits are made
pursuant to Incremental Synthetic L/C Commitments, the Administrative Agent shall return such credit-linked deposits on the dates and in the amounts set forth in the applicable Incremental Assumption Agreement. 
 SECTION 2.11. Prepayment of Loans. (a) The Borrowers shall have the right at any time and from time to time to prepay any Loan in whole or in
part, without premium or penalty (but subject to Section 2.16), in an aggregate principal amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum or, if less, the amount outstanding, subject to
prior notice in accordance with Section 2.10(d), which notice shall be irrevocable except to the extent conditioned on a refinancing of all or any portion of the Term Facility or the Revolving Credit Facility. 
  

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 (b) Promptly upon receipt thereof by Intermediate Holdings or any of its Subsidiaries, all Net Proceeds
shall be applied to prepay Term Loans in accordance with paragraph (c) of Section 2.10. 
 (c) Not later than 90 days after the end
of each Excess Cash Flow Period, Intermediate Holdings shall calculate Excess Cash Flow for such Excess Cash Flow Period and the German Borrower shall apply an amount equal to (i) the Required Percentage of such Excess Cash Flow, minus
(ii) to the extent not financed using the proceeds of, without duplication, the incurrence of Indebtedness and the sale or issuance of any Equity Interests (including any capital contributions), the sum of (A) the amount of any voluntary
prepayments during such Excess Cash Flow Period of Term Loans (and with respect to the Excess Cash Flow Period ending December 31, 2007, plus the amount of any voluntary prepayments of Term Loans made prior to such Excess Cash Flow Period) and
(B) the amount of any permanent voluntary reductions during such Excess Cash Flow Period of Revolving Facility Commitments to the extent that an equal amount of Revolving Facility Loans was repaid simultaneously with such reduction, to prepay
Term Loans in accordance with paragraph (c) of Section 2.10. Not later than the date on which Intermediate Holdings is required to deliver financial statements with respect to the end of each Excess Cash Flow Period under
Section 5.04(a), Intermediate Holdings will deliver to the Administrative Agent a certificate signed by a Financial Officer of Intermediate Holdings setting forth the amount, if any, of Excess Cash Flow for such fiscal year and the calculation
thereof in reasonable detail. 
 (d) Subject to paragraph (g) below, in the event and on such occasion that the Revolving Facility
Exposure exceeds the Revolving Facility Commitments, then the Borrowers shall immediately prepay Revolving Facility Borrowings and Swingline Borrowings in an aggregate amount equal to such excess and, if all such Borrowings are repaid without
exhausting such excess, deposit cash collateral in an account with the Administrative Agent pursuant to Section 2.05(j) in an aggregate amount equal to the remaining amount of such excess. 
 (e) Subject to paragraph (g) below, in the event and on such occasion as the Revolving L/C Exposure exceeds $100,000,000, then the Borrowers shall
deposit cash collateral in an account with the Administrative Agent pursuant to Section
 2.05(j) in an amount equal to such excess. 
 (f) Anything contained herein to the contrary notwithstanding, in the event the German Borrower is required to make any mandatory prepayment (a
“Waivable Mandatory Prepayment”) of the Term Loans, not less than three Business Days prior to the date (the “Required Prepayment Date”) on which the German Borrower is required to make such Waivable Mandatory Prepayment, the
German Borrower shall notify Administrative Agent of the amount of such prepayment, and Administrative Agent will promptly thereafter notify each Lender holding an outstanding Term Loan of (i) the amount of such Lender’s pro rata share of
such Waivable Mandatory Prepayment and (ii) if the German Borrower shall, in its sole discretion, so instruct the Administrative Agent, such Lender’s option to refuse such amount. In the event that the German Borrower offers to the Lenders
the option to refuse a Waivable Mandatory Prepayment, each such Lender may exercise such option by giving written notice to the Administrative Agent of its election to do so on or before the second Business Day prior to the Required Prepayment Date
(it being understood that any Lender which does not notify the 

  

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Administrative Agent of its election to exercise such option on or before the first Business Day prior to the Required Prepayment Date shall be deemed to
have elected, as of such date, not to exercise such option). On the Required Prepayment Date, the Borrower shall pay to Administrative Agent the amount of the Waivable Mandatory Prepayment, which amount shall be applied (i) in an amount equal
to that portion of the Waivable Mandatory Prepayment payable to those Lenders that have elected not to exercise such option (each, an “Accepting Lender”), to prepay the Term Loans of such Accepting Lenders (which prepayment shall be
applied to the scheduled Installments of principal of the Term Loans in accordance with Section 2.11(b)), and (ii) in an amount equal to that portion of the Waivable Mandatory Prepayment otherwise payable to those Lenders that have elected
to exercise such option, to the German Borrower. 
 (g) If as a result of changes in currency exchange rates, on any date of determination
required pursuant to Section 1.04 (each, a “Revaluation Date”), (i) the Revolving Facility Exposure exceeds the Revolving Facility Commitments or (ii) the Revolving L/C Exposure exceeds $100,000,000, the Borrowers
shall within five days of such Revaluation Date (x) prepay Revolving Facility Borrowings and Swingline Borrowings or (y) deposit cash collateral in an account with the Administrative Agent pursuant to Section 2.05(j), in an aggregate
amount such that the applicable exposure does not exceed the applicable Commitment or other amount set forth above. 
 SECTION 2.12.
Fees. (a) Each Borrower agrees to pay to each Lender (other than any Defaulting Lender), through the Administrative Agent, three Business Days after the last Business Day of March, June, September and December in each year, and three
Business Days after the date on which all the Revolving Facility Commitments shall be terminated as provided herein, a commitment fee (a “Commitment Fee”) on the average daily amount of the Available Unused Commitment of such Lender
during the preceding quarter (or other period commencing with the Closing Date or ending with the date on which the last of the Revolving Facility Commitments of such Lender shall be terminated) at a rate equal to the Applicable Commitment Fee. All
Commitment Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. For the purpose of calculating any Lender’s Commitment Fee, the outstanding Swingline Loans during the period for which such
Lender’s Commitment Fee is calculated shall be deemed to be zero. The Commitment Fee due to each Lender shall commence to accrue on the Closing Date and shall cease to accrue on the date on which the last of the Commitments of such Lender shall
be terminated as provided herein. 
 (b) Each Borrower from time to time agrees to pay (i) to each Revolving Facility Lender (other than
any Defaulting Lender), through the Administrative Agent, three Business Days after the last day of March, June, September and December of each year and three Business Days after the date on which all Commitments shall be terminated as provided
herein, a fee (an “L/C Participation Fee”) on such Lender’s Pro Rata Share of the daily aggregate Revolving L/C Exposure (excluding the portion thereof attributable to unreimbursed L/C Disbursements), during the preceding
quarter (or shorter period commencing with the Closing Date or ending with the Revolving Facility Maturity Date or the date on which all the Commitments shall be terminated) at the rate per annum equal to the Applicable Margin for Eurocurrency
Revolving Facility Borrowings effective for each day in such period, and (ii) to each Issuing Bank, for its own account (x) three Business Days after the last Business Day of March, June, September and December of each year and three
Business Days after the date on 

  

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which all the Commitments shall be terminated as provided herein, a fronting fee in respect of each Revolving Letter of Credit issued by such Issuing Bank
for the period from and including the date of issuance of such Revolving Letter of Credit to and including the termination of such Revolving Letter of Credit, computed at a rate equal to 1/8 of 1% per annum of the daily stated amount of such
Revolving Letter of Credit, plus (y) in connection with the issuance, amendment or transfer of any such Revolving Letter of Credit or any L/C Disbursement thereunder, such Issuing Bank’s customary documentary and processing fees and
charges (collectively, “Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees that are payable on a per annum basis shall be computed on the basis of the actual number of days elapsed in a year of 360 days.

 (c) The German Borrower agrees to pay (i) in addition to the amounts payable by the German Borrower to the Synthetic L/C Lenders
pursuant to Section 2.22(b), to the Administrative Agent for the account of each Synthetic L/C Lender, three Business Days after the last day of March, June, September and December of each year and three Business Days after the date on which
the Credit-Linked Deposit shall be terminated as provided herein, a participation fee with respect to its participations in Synthetic Letters of Credit, which shall accrue at the Applicable Margin from time to time in effect in respect of
Eurocurrency Term Loans on the daily amount of such Synthetic L/C Lender’s Credit-Linked Deposit during the period from and including the Closing Date to but excluding the date on which the entire amount of such Lender’s Credit-Linked
Deposit is returned to it and (ii) to each Issuing Bank, for its own account, (x) three Business Days after the last day of March, June, September and December of each year and three Business Days after the date on which the Credit-Linked
Deposits shall be terminated as provided herein, a fronting fee in respect of each Synthetic Letter of Credit issued by such Issuing Bank for the period from and including the date of issuance of such Synthetic Letter of Credit to and including the
termination of such Synthetic Letter of Credit, computed at a rate equal to 1/8 of 1% per annum of the daily average stated amount of such Synthetic Letter of Credit (or as otherwise agreed with such Issuing Bank), plus (y) in connection
with the issuance, amendment or transfer of any such Letter of Credit or any Synthetic L/C Disbursement thereunder, such Issuing Bank’s customary documentary and processing charges; provided that all such fees shall be payable on the
date on which the Credit-Linked Deposits are returned to the Synthetic L/C Lenders and any such fees accruing after the date on which the Credit-Linked Deposits are returned to the Synthetic L/C Lenders shall be payable on demand. Any other fees
payable to any Issuing Bank pursuant to this paragraph shall be payable within 10 days after demand. All participation fees and fronting fees in respect of Synthetic Letters of Credit that are payable on a per annum basis shall be computed on the
basis of the number of days elapsed in a year of 360 days. 
 (d) The Borrowers agree to pay to the Administrative Agent, for the account of
the Administrative Agent, the agency fees set forth in the Administrative Fee Letter, as amended, restated, supplemented or otherwise modified from time to time, at the times specified therein (the “Administrative Agent Fees”).

 (e) All Fees shall be paid on the dates due, in immediately available funds, to the Administrative Agent for distribution, if and as
appropriate, among the Lenders, except that Issuing Bank Fees shall be paid directly to the applicable Issuing Banks. Once paid, none of the Fees shall be refundable under any circumstances. 
  

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 SECTION 2.13. Interest. (a) The Loans comprising each ABR Borrowing (including each Swingline
Loan to the U.S. Borrower) shall bear interest at the ABR plus the Applicable Margin. 
 (b) (i) The Loans comprising each Eurocurrency
Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin and (ii) the Euro Swingline Loans shall bear interest at the Euro Swingline Rate plus the Applicable Margin.

 (c) Notwithstanding the foregoing, if any principal of or interest on any Loan or any Fees or other amount payable by any Borrower
hereunder is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to (i) in the case of overdue principal of any
Loan, 2% plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of this Section or (ii) in the case of any other amount (x) payable by the U.S. Borrower, 2% plus the rate applicable to ABR Loans as
provided in paragraph (a) of this Section or (y) payable by the German Borrower (1) in euro, 2% plus the rate applicable to Tranche B-2 Term Loans and (2) in any other currency, 2% plus the rate applicable to Tranche B-1 Term
Loans; provided, that this paragraph (c) shall not apply to any Event of Default that has been waived by the Lenders pursuant to Section 9.08. 
 (d) Accrued interest on each Loan shall be payable in arrears (i) on each Interest Payment Date for such Loan and (ii) in the case of Revolving Facility Loans, upon termination of the Revolving Facility
Commitments; provided, that (i) interest accrued pursuant to paragraph (c) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment of an ABR
Revolving Loan or Swingline Loans prior to the end of the Availability Period), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of
any Eurocurrency Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. 
 (e) All interest hereunder shall be computed on the basis of a year of 360 days, except that interest computed by reference to the ABR at times when the ABR is based on the Prime Rate shall be computed on the basis of
a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The applicable ABR, Adjusted LIBO Rate, LIBO Rate, EURO LIBO Rate or Euro
Swingline Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error. 
 SECTION
2.14. Alternate Rate of Interest. If prior to the commencement of any Interest Period for a Eurocurrency Borrowing: 
 (a) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate, the LIBO Rate or the EURO LIBO Rate, as
applicable, for such Interest Period; or 
  

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 (b) the Administrative Agent is advised by the Required Lenders that the Adjusted LIBO
Rate, the LIBO Rate or the EURO LIBO Rate, as applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period; 

then the Administrative Agent shall give notice thereof to the applicable Borrower and the applicable Lenders by telephone or telecopy as promptly as practicable
thereafter and, until the Administrative Agent notifies the applicable Borrower and the applicable Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any
Borrowing to, or continuation of any Borrowing as, a Eurocurrency Borrowing denominated in such currency shall be ineffective and such Borrowing shall be converted to or continued as on the last day of the Interest Period applicable thereto
(A) in the case of a Borrowing by the U.S. Borrower, an ABR Borrowing or (B) in the case of a Borrowing by the German Borrower, a Eurocurrency Borrowing with an Interest Period of one month’s duration and (ii) if any Borrowing
Request requests a Eurocurrency Borrowing, such Borrowing shall be made as (A) in the case of a Borrowing by the U.S. Borrower, an ABR Borrowing or (B) in the case of a Borrowing by the German Borrower, a Eurocurrency Borrowing with an
Interest Period of one month’s duration. 
 SECTION 2.15. Increased Costs. (a) If any Change in Law shall: 
 (i) impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the
account of, or credit extended by, any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate) or Issuing Bank; or 
 (ii) impose on any Lender or Issuing Bank or the London interbank market any other condition affecting this Agreement or Eurocurrency Loans made by such Lender or any Letter of Credit or participation therein;

 and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurocurrency Loan (or of maintaining its
obligation to make any such Loan) or to increase the cost to such Lender or Issuing Bank of participating in, issuing or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by such Lender or Issuing Bank
hereunder (whether of principal, interest or otherwise), then the Borrowers will pay to such Lender or Issuing Bank, as applicable, such additional amount or amounts as will compensate such Lender or Issuing Bank, as applicable, for such additional
costs incurred or reduction suffered. 
 (b) If any Lender or Issuing Bank determines that any Change in Law regarding capital requirements
has or would have the effect of reducing the rate of return on such Lender’s or Issuing Bank’s capital or on the capital of such Lender’s or Issuing Bank’s holding company, if any, as a consequence of this Agreement or the Loans
made by, or participations in Letters of Credit or Swingline Loans held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such Lender or such Issuing Bank or such Lender’s or such Issuing
Bank’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Bank’s policies and the policies of 

  

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such Lender’s or such Issuing Bank’s holding company with respect to capital adequacy), then from time to time the applicable Borrower shall pay to
such Lender or such Issuing Bank, as applicable, such additional amount or amounts as will compensate such Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding company for any such reduction suffered. 
 (c) A certificate of a Lender or an Issuing Bank setting forth the amount or amounts necessary to compensate such Lender or Issuing Bank or its holding
company, as applicable, as specified in paragraph (a) or (b) of this Section shall be delivered to the applicable Borrower and shall be conclusive absent manifest error. The applicable Borrower shall pay such Lender or Issuing Bank,
as applicable, the amount shown as due on any such certificate within 10 days after receipt thereof. 
 (d) Promptly after any Lender or any
Issuing Bank has determined that it will make a request for increased compensation pursuant to this Section 2.15, such Lender or Issuing Bank shall notify the applicable Borrower thereof. Failure or delay on the part of any Lender or Issuing
Bank to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s or Issuing Bank’s right to demand such compensation; provided, that the applicable Borrower shall not be required to compensate
a Lender or an Issuing Bank pursuant to this Section for any increased costs or reductions incurred more than 180 days prior to the date that such Lender or Issuing Bank, as applicable, notifies such Borrower of the Change in Law giving rise to
such increased costs or reductions and of such Lender’s or Issuing Bank’s intention to claim compensation therefor; provided, further, that, if the Change in Law giving rise to such increased costs or reductions is
retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 
 (e) The
foregoing provisions of this Section 2.15 shall not apply in the case of any Change in Law in respect of Taxes, which shall instead be governed by Section 2.17. 
 SECTION 2.16. Break Funding Payments. In the event of (a) the payment of any principal of any Eurocurrency Loan other than on the last day of an Interest Period applicable thereto (including as a result of
an Event of Default), (b) the conversion of any Eurocurrency Loan other than on the last day of the Interest Period applicable thereto (including as a result of Section 2.20), (c) the failure to borrow, convert, continue or prepay any
Eurocurrency Loan on the date specified in any notice delivered pursuant hereto or (d) the assignment of any Eurocurrency Loan other than on the last day of the Interest Period applicable thereto as a result of a request by a Borrower pursuant
to Section 2.19 or the CAM Exchange, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. In the case of a Eurocurrency Loan, such loss, cost or expense to any Lender
shall be deemed to be the amount determined by such Lender (it being understood that the deemed amount shall not exceed the actual amount) to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount
of such Loan had such event not occurred, at the Adjusted LIBO Rate that would have been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure
to borrow, convert or continue a Eurocurrency Loan, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which
such Lender would bid were it to bid, at the commencement of such period, for deposits in dollars of a comparable amount and period 

  

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from other banks in the Eurocurrency market. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant
to this Section shall be delivered to the applicable Borrower and shall be conclusive absent manifest error. The applicable Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof.

 SECTION 2.17. Taxes. (a) Any and all payments by or on account of any obligation of any Loan Party hereunder shall be made
free and clear of and without deduction for any Indemnified Taxes or Other Taxes; provided, that if a Loan Party shall be required to deduct any Indemnified Taxes or Other Taxes from such payments, then (i) the sum payable shall be
increased as necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent, any Lender or any Issuing Bank, as applicable, receives an amount equal to
the sum it would have received had no such deductions been made, (ii) such Loan Party shall make such deductions and (iii) such Loan Party shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with
applicable law. 
 (b) In addition, the Loan Parties shall pay any Other Taxes to the relevant Governmental Authority in accordance with
applicable law. 
 (c) Each Loan Party shall indemnify the Administrative Agent, each Lender and each Issuing Bank, within 10 days after
written demand therefor, for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such Lender or such Issuing Bank, as applicable, on or with respect to any payment by or on account of any obligation of such Loan
Party hereunder (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or
Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to such Loan Party by a Lender or an Issuing Bank, or by the Administrative Agent
on its own behalf, on behalf of another Agent or on behalf of a Lender or an Issuing Bank, shall be conclusive absent manifest error. 
 (d)
As soon as practicable after any payment of Indemnified Taxes or Other Taxes by a Loan Party to a Governmental Authority, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such
Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (e) (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax under the law of the jurisdiction in which any Loan Party
is located, or any treaty to which such jurisdiction is a party, with respect to payments under this Agreement shall deliver to such Loan Party (with a copy to the Administrative Agent), to the extent such Lender is legally entitled to do so, at the
time or times prescribed by applicable law, such properly completed and executed documentation prescribed by applicable law as may reasonably be requested by such Loan Party to permit such payments to be made without such withholding tax or at a
reduced rate; provided, that no Lender shall have any obligation under this 

  

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paragraph (e)(i) with respect to any withholding Tax imposed by any jurisdiction other than the United States or the Federal Republic of Germany if
in the reasonable judgment of such Lender such compliance would subject such Lender to any material unreimbursed cost or expense or would otherwise be disadvantageous to such Lender in any material respect. 
 (ii) Bank Certification for Purposes of Sec. 8a German Corporate Income Tax Act (Körperschaftsteuergesetz). 
 (A) Each CITA Borrower may request from each Lender in writing (the “Bank Certification Request”) a Bank Certification setting
out which security has been granted to the Lenders in relation to the Obligations of the relevant CITA Borrower. A Bank Certification Request may be made (i) after the signing of this Agreement; (ii) if and when any Collateral Agreement is
amended, changed or newly entered into; (iii) following an assignment or transfer of a participation in the Loans to a new Lender but only with regard to that new Lender; or (iv) following a request for an updated Bank Certification made
of the relevant CITA Borrower by a German tax authority. 
 (B) A Bank Certification Request shall contain a draft of such
Bank Certification, detailing guarantees, security interests, restrictions and other relevant information as required by the form of Bank Certification as set out in Schedule 2.17(e)(ii) and the express confirmation of the relevant CITA Borrower
that the draft Bank Certification is accurate, complete and not misleading. A Bank Certification request shall further include an express confirmation that the Collateral Agent and each Lender is released from its obligation arising under applicable
banking secrecy in this regard by the Loan Parties and by all security providers, guarantors or joint debtors which are not a Loan Party and which are mentioned in the Bank Certification. 
 (C) The Lenders shall be obliged to issue a Bank Certification as soon as reasonably practical upon the Administrative Agent’s
receipt of a Bank Certification Request but no earlier than within 20 Business Days thereof. 
 (D) Each CITA Borrower shall
provide to the Collateral Agent and to each Lender such information as the Administrative Agent or that Lender may require (acting reasonably) in relation to a Bank Certification including but not limited to information about any shareholder holding
a substantial participation in the meaning of Section 8a para 3 of the German Corporate Income Tax Act, or any person related thereto in the meaning of Section 1 para 2 of the German Foreign Relations Tax Act. 
 (E) The Bank Certification is provided solely to assist the CITA Borrowers in demonstrating the absence of any back to back financing to
the German tax authorities and may not be relied on in any other circumstances by any Loan Party or any third party. No Lender is responsible for examining the tax position, or for achieving any tax treatment of any Borrower, any shareholder of any
Borrower or the Related Parties or for achieving any particular tax treatment 

  

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of the Borrowers, the shareholders of the Borrowers or the Related Parties and no Borrowers, shareholders of the Borrowers or Related Parties may make any
claim against a Lender in respect of or in connection with the Bank Certification irrespective of its accuracy. 
 (F) The
Borrowers shall indemnify and hold harmless each Lender against claims of other Borrowers and third parties, including without limitation the German tax authorities, in connection with the Bank Certification. 
 (G) If the German tax authorities require a CITA Borrower to provide, in addition to the Bank Certification, further evidence or
information, or publish a new standard form of confirmation, or if the CITA Borrower reasonably requests further evidence or information in order to avoid any disadvantage for the CITA Borrower with respect to its tax treatment, the Administrative
Agent and the Lenders shall, upon receipt of a written request of the relevant CITA Borrower detailing these circumstances, consider in good faith to what extent it is reasonably practical for it or for the Lenders to support the CITA Borrower in
this regard. For the avoidance of doubt, no Lender shall be under any obligation to release any of its Security Interests. The CITA Borrower requesting further evidence or information shall indemnify and hold harmless the Lender from any
out-of-pocket expenses (including legal fees) resulting from or in connection with assistance or support under this paragraph (e)(ii). 
 (H) Neither the Bank Certification nor any assistance or support provided in accordance with this paragraph (e)(ii) shall constitute the provision by a Lender of any legal or tax advice to any other party in respect
of the application of the German thin capitalisation regime (Sec. 8 a CITA and administrative guidance issued in respect thereof) or otherwise in respect of the Facilities Agreement. 
 (I) The Bank Certification shall only contain factual information. It shall be of a descriptive nature only and shall not amend any Loan
Document or other document or waive any rights of a Lender thereunder. 
 (J) The Borrowers shall bear and, therefore, are
obliged to reimburse to the Lenders the out-of-pocket expenses reasonably incurred by the Lenders and the Administrative Agent in relation with the grant of the Bank Certification according to this paragraph (e)(ii). 
 (f) Each Lender shall deliver to each applicable Borrower (or such other relevant Loan Party) and the Administrative Agent on the date on which such
Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of such Borrower (or such other relevant Loan Party) or the Administrative Agent), two original copies of whichever of the following is
applicable: (i) duly completed copies of Internal Revenue Service Form W-8BEN (or any subsequent versions thereof or successors thereto), claiming eligibility for benefits of an income tax treaty to which the United States of America is a
party, (ii) duly completed copies of Internal Revenue Service Form W- 8ECI (or any 

  

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subsequent versions thereof or successors thereto), (iii) in the case of a Lender claiming the benefits of the exemption for portfolio interest under
section 871(h) or 881(c) of the Code, (x) a certificate, signed under penalties of perjury, to the effect that such Lender (and any relevant direct or indirect owner of such Lender) qualifies for such exemption and (y) duly completed
copies of Internal Revenue Service Form W-8BEN (or any subsequent versions thereof or successors thereto), (iv) duly completed copies of Internal Revenue Service Form W-8IMY, together with forms and certificates described in clauses
(i) through (iii) above (and additional Form W-8IMYs) as may be required or (v) any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in tax duly completed together with such supplementary
documentation as may be prescribed by applicable law to permit such Borrower (or such other relevant Loan Party) to determine the withholding or deduction required to be made. In addition, in each of the foregoing circumstances, each Lender shall
deliver such forms, if legally entitled to deliver such forms, promptly upon the obsolescence, expiration or invalidity of any form previously delivered by such Lender. Each Lender shall promptly notify each applicable Borrower (or such other
relevant Loan Party) at any time it determines that it is no longer in a position to provide any previously delivered certificate to such Borrower (or such other relevant Loan Party) (or any other form of certification adopted by the United States
of America or other taxing authorities for such purpose). In addition, each Lender shall deliver to each applicable Borrower (or such other relevant Loan Party) and the Administrative Agent two copies of Internal Revenue Service Form W-9 (or any
subsequent versions thereof or successors thereto) on or before the date such Lender becomes a party and upon the expiration of any form previously delivered by such Lender. Notwithstanding any other provision of this paragraph, a Lender shall not
be required to deliver any form pursuant to this paragraph that such Lender is not legally able to deliver. 
 (g) If the Administrative
Agent or a Lender receives a refund of any Indemnified Taxes or Other Taxes as to which it has been indemnified by a Loan Party or with respect to which such Loan Party has paid additional amounts pursuant to this Section 2.17 or sets off such
amounts against a tax liability due, it shall pay over such refund (or, to the extent practicable, such set-off amount) to such Loan Party (but only to the extent of indemnity payments made, or additional amounts paid, by such Loan Party under this
Section 2.17 with respect to the Taxes or Other Taxes giving rise to such refund or set-off), net of all out-of-pocket expenses of the Administrative Agent or such Lender (including any Taxes imposed with respect to such refund) as is
determined by the Administrative Agent or such Lender, as applicable, in good faith and in its sole discretion, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund or set-off);
provided, that such Loan Party, upon the request of the Administrative Agent or such Lender, agrees to repay as soon as reasonably practicable the amount paid over to such Loan Party (plus any penalties, interest or other charges imposed by
the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund or set-off to such Governmental Authority. This Section 2.17(g) shall not be
construed to require the Administrative Agent or any Lender to make available its Tax returns (or any other information relating to its Taxes which it deems confidential) to the Loan Parties or any other person. 
 (h) Limitation of Security for Purposes of Sec. 8a German Corporate Income Tax Act. 
  

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 (i) Any pledges, assignments for security (Sicherungsabtretungen) or other rights in rem
over Long Term Interest Bearing Receivables shall not collateralize any claim of the Lenders under the Loan Documents (A) against a CITA Borrower for repayment of the principal and interest payments to be made thereon or (B) against any
Guarantor under a guarantee guaranteeing any claim of the Lenders against a CITA Borrower for repayment of the principal and interest payments to be made thereon. 
 (ii) To the extent that a Lender has a pledge over Long Term Interest Bearing Receivables or any other recourse against Long Term Interest
Bearing Receivables under other financing arrangements (including recourse on the basis of general terms and conditions of banks) with any Loan Parties or any Related Person thereof, such Long Term Interest Bearing Receivables shall, notwithstanding
anything to the contrary in such agreement, not collateralize any claim of the Lenders under the Loan Documents (A) against a CITA Borrower for repayment of the principal and interest payments to be made thereon or (B) against any
Guarantor under a guarantee guaranteeing any claim of the Lenders against a CITA Borrower for repayment of the principal and interest payments to be made thereon. 
 (iii) No Guarantor guaranteeing any claim of the Lenders under the Loan Documents against a CITA Borrower for repayment of the principal
and interest payments to be made thereon shall be limited hereunder with respect to its ability to dispose of, grant any security over or collect payments on any Long Term Interest Bearing Receivables. 
 (iv) No Guarantor guaranteeing any claim of the Lenders under the Loan Documents against a CITA Borrower for repayment of the principal
and interest payments to be made thereon shall commit itself to an immediate compulsory enforcement, unless enforcement against Long Term Interest Bearing Receivables is explicitly excluded for any claim of the Lenders (A) against a CITA
Borrower for repayment of the principal and interest payments to be made thereon or (B) against any Guarantor under a guarantee guaranteeing any claim of the Lenders against a CITA Borrower for repayment of the principal and interest payments
to be made thereon. 
 (v) The limitations in the preceding paragraphs (i) to (iv) shall not apply with regard to
any security interest given by the relevant CITA Borrower itself with respect to its own borrowings. 
 (vi) The limitations
of security in this section 2.17(h) shall supersede any provision to the contrary contained in any Loan Document. 
 SECTION 2.18.
Payments Generally; Pro Rata Treatment; Sharing of Set-offs. (a) Unless otherwise specified, each Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of L/C
Disbursements, or of amounts payable under Section 2.15, 2.16, or 2.17, or otherwise) prior to 2:00 p.m., Local Time, on the date when due, in immediately available funds, without condition or deduction for any defense, recoupment, set-off or
counterclaim. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next 

  

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succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent to the applicable account
designated to such Borrower by the Administrative Agent, except payments to be made directly to the applicable Issuing Bank or the Swingline Lender as expressly provided herein and except that payments pursuant to Sections 2.15, 2.16, 2.17 and 9.05
shall be made directly to the persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for the account of any other person to the appropriate recipient promptly following receipt thereof. If any payment
hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such
extension. All payments under the Loan Documents of (i) principal and interest in respect of any Loan shall be made in the currency in which such Loan is denominated and (ii) any other amount shall be made in Dollars. Any payment required
to be made by the Administrative Agent hereunder shall be deemed to have been made by the time required if the Administrative Agent shall, at or before such time, have taken the necessary steps to make such payment in accordance with the regulations
or operating procedures of the clearing or settlement system used by the Administrative Agent to make such payment. 
 (b) If at any time
insufficient funds are received by and available to the Administrative Agent from any Borrower to pay fully all amounts of principal, unreimbursed L/C Disbursements, interest and fees then due from such Borrower hereunder, such funds shall be
applied (i) first, towards payment of interest and fees then due from such Borrower hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, (ii) second, towards
payment of principal Swingline Loans and unreimbursed L/C Disbursements then due from such Borrower hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed L/C Disbursements then due to such
parties, and (iii) third, towards payment of principal then due from such Borrower hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed L/C Disbursements then due to such parties.

 (c) If any Lender shall, by exercising any right of set-off or counterclaim or otherwise, obtain payment in respect of any principal of or
interest on any of its Loans or participations in L/C Disbursements or Swingline Loans resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its Loans and participations in L/C Disbursements and Swingline
Loans and accrued interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the Revolving Facility Loans and participations in L/C
Disbursements and Swingline Loans of other Lenders to the extent necessary so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their
respective Loans and participations in L/C Disbursements and Swingline Loans; provided, that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall
be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this paragraph (c) shall not be construed to apply to any payment made by any Borrower pursuant to and in accordance
with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in L/C Disbursements to any assignee or participant, other than

  

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to such Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph (c) shall apply). Each Borrower consents to the
foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against such Borrower rights of set-off and counterclaim with respect to
such participation as fully as if such Lender were a direct creditor of such Borrower in the amount of such participation. 
 (d) Unless the
Administrative Agent shall have received notice from a Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the applicable Issuing Bank hereunder that such Borrower will not make such
payment, the Administrative Agent may assume that such Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the applicable Issuing Bank, as applicable, the amount
due. In such event, if such Borrower has not in fact made such payment, then each of the Lenders or the applicable Issuing Bank, as applicable, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to
such Lender or Issuing Bank with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Effective Rate and a
rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 
 (e) If any Lender shall
fail to make any payment required to be made by it pursuant to Section 2.04(c), 2.05(d) or (e), 
 2.06(b) or 2.18(d), then the Administrative Agent may,
in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such
unsatisfied obligations are fully paid. 
 SECTION 2.19. Mitigation Obligations; Replacement of Lenders. (a) If any Lender
requests compensation under Section 2.15, or if any Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then such Lender shall use reasonable
efforts to designate a different Lending Office for funding or booking its Loans or Credit-Linked Deposits hereunder or to assign its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the reasonable judgment
of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 2.15, 2.17 or 2.22, as applicable, in the future and (ii) would not subject such Lender to any material unreimbursed cost
or expense and would not otherwise be disadvantageous to such Lender in any material respect. Each Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment.

 (b) If any Lender requests compensation under Section 2.15, or if any Borrower is required to pay any additional amount to any Lender
or any Governmental Authority for the account of any Lender pursuant to Section 2.17 or 2.22, or is a Defaulting Lender, then such Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require
such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.04), all its interests, rights and obligations under this Agreement to an assignee that shall assume such
obligations (which 

  

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assignee may be another Lender, if a Lender accepts such assignment); provided, that (i) such Borrower shall have received the prior written
consent of the Administrative Agent (and, if in respect of any Commitment or Revolving Facility Loan, the Swingline Lenders and the Issuing Banks), which consent shall not unreasonably be withheld, (ii) such Lender shall have received payment
of an amount equal to the outstanding principal of its Loans and participations in L/C Disbursements and Swingline Loans, accrued interest thereon, accrued Fees and all other amounts payable to it hereunder, from the assignee (to the extent of such
outstanding principal and accrued interest and fees) or such Borrower (in the case of all other amounts) and (iii) in the case of any such assignment resulting from a claim for compensation under Section 2.15 or payments required to be
made pursuant to Section 2.17 or 2.22, such assignment will result in a reduction in such compensation or payments. Nothing in this Section 2.19 shall be deemed to prejudice any rights that any Borrower may have against any Lender that is
a Defaulting Lender. 
 (c) If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a proposed
amendment, waiver, discharge or termination which pursuant to the terms of Section 9.08 requires the consent of all of the Lenders affected and with respect to which the Required Lenders shall have granted their consent, then the applicable
Borrower shall have the right (unless such Non-Consenting Lender grants such consent) at its sole expense (including with respect to the processing and recordation fee referred to in Section 9.04(b)(ii)(B)) to replace such Non-Consenting Lender
by deeming such Non-Consenting Lender to have assigned its Loans, Commitments and unreimbursed Credit-Linked Deposits hereunder to one or more assignees reasonably acceptable to (i) the Administrative Agent (unless, in the case of an assignment
of Term Loans, such assignee is a Lender, an Affiliate of a Lender or an Approved Fund) and (ii) if in respect of any Revolving Facility Commitment or Revolving Facility Loan, the Swingline Lenders and the Issuing Banks); provided, that:
(a) all Obligations of the applicable Borrower owing to such Non-Consenting Lender (including accrued Fees and all other amounts payable to it hereunder) being replaced shall be paid in full to such Non-Consenting Lender concurrently with such
assignment, and (b) the replacement Lender shall purchase the foregoing by paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon. No action by or consent of the
Non-Consenting Lender shall be necessary in connection with such assignment, which shall be immediately and automatically effective upon payment of such purchase price. In connection with any such assignment the applicable Borrower, Administrative
Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 9.04; provided, that if such Non-Consenting Lender does not comply with Section 9.04 within three Business Days after such
Borrower’s request, compliance with Section 9.04 shall not be required to effect such assignment. 
 SECTION 2.20.
[Reserved] 
 SECTION 2.21. Incremental Commitments. (a) After the primary syndication of the Revolving Credit Facility
and the Term Facility has been completed, by written notice to the Administrative Agent from time to time, (i) the German Borrower may request Incremental Term Loan Commitments, Incremental Revolving Facility Commitments and/or Incremental
Synthetic L/C Commitments and (ii) the U.S. Borrower may request Incremental Revolving Facility Commitments, in each case an amount not to exceed the Incremental Amount, from one or more Incremental Term Lenders, Incremental Revolving Facility
Lenders and/or Incremental Synthetic 

  

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L/C Lenders (each of which may include any existing Lender), as applicable, willing to provide such Incremental Term Loans, Incremental Revolving Facility
Commitments and/or Incremental Synthetic L/C Commitments, as the case may be, in their own discretion; provided, that each Incremental Revolving Facility Lender shall be subject to the approval of the Administrative Agent and the Issuing Bank
(which approval shall not be unreasonably withheld). Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments, Incremental Revolving Facility Commitments and/or Incremental Synthetic L/C Commitments being requested
(which shall be in a minimum amount of $25.0 million or equal to the remaining Incremental Amount), (ii) the date on which such Incremental Term Loan Commitments, Incremental Revolving Facility Commitments and/or Incremental Synthetic L/C
Commitments are requested to become effective (the “Increased Amount Date”), (iii) in the case of Incremental Term Loan Commitments, whether such Incremental Term Loan Commitments are to be commitments to make Incremental Term
Loans in the form of additional Term B Loans or commitments to make term loans with pricing, maturity and/or amortization terms different from the Term B Loans (“Other Term Loans”) and (iv) in the case of Incremental Synthetic
L/C Commitments, whether such Incremental Synthetic L/C Commitments are to be Synthetic L/C Commitments or commitments to make credit-linked deposits with pricing terms different from the Credit-Linked Deposits (“Other Credit-Linked
Deposits”). 
 (b) The applicable Borrowers and each applicable Incremental Term Lender, Incremental Synthetic L/C Lender and/or
Incremental Revolving Facility Lender shall execute and deliver to the Administrative Agent an Incremental Assumption Agreement and such other documentation as the Administrative Agent shall reasonably specify to evidence the Incremental Commitment
of such Incremental Lender. Each Incremental Assumption Agreement in respect of Incremental Term Loan Commitments and/or Incremental Synthetic L/C Commitments shall specify the terms of the applicable Incremental Term Loans and/or Incremental
Synthetic Credit-Linked Deposits; provided that (i) the Other Term Loans and/or Other Credit-Linked Deposits shall rank pari passu or junior in right of payment and of security with the Term B Loans and Credit-Linked Deposits and, except
as to pricing, amortization and final maturity date, shall have (x) the same terms as the Term B Loans or Credit-Linked Deposits, as applicable, or (y) such other terms as shall be reasonably satisfactory to the Administrative Agent,
(ii) the final maturity date of any Other Term Loans or Other Credit-Linked Deposits shall be no earlier than the Term B Facility Maturity Date and (iii) the weighted average life to maturity of the Other Term Loans and Other Credit-Linked
Deposits, as applicable, shall be no shorter than the remaining weighted average life to maturity of the Other Term Loans or Other Credit-Linked Deposits, as the case may be. Each of the parties hereto hereby agrees that, upon the effectiveness of
any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Commitments evidenced thereby as provided for in Section 9.08(e). Any
such deemed amendment may be memorialized in writing by the Administrative Agent with the Borrowers’ consent (not to be unreasonably withheld) and furnished to the other parties hereto. 
 (c) Notwithstanding the foregoing, no Incremental Commitment shall become effective under this Section 2.21 unless (i) on the date of such
effectiveness, the conditions set forth in paragraphs (b) and (c) of Section 4.01 shall be satisfied and the Administrative Agent shall have received a certificate to that effect dated such date and executed by a Responsible Officer
of the Borrowers, (ii) the Administrative Agent shall have received customary legal 

  

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opinions, board resolutions and other customary closing certificates and documentation as required by the relevant Incremental Assumption Agreement and, to
the extent required by the Administrative Agent, consistent with those delivered on the Closing Date under Section 4.02 and such additional customary documents and filings (including amendments to the Mortgages and other Security Documents and
title endorsement bringdowns) as the Administrative Agent may reasonably require to assure that the Incremental Term Loans, Revolving Facility Loans in respect of Incremental Revolving Facility Commitments and/or obligations of the German Borrower
in respect of Incremental Synthetic L/C Commitments are secured by the Collateral ratably with (or, to the extent agreed by the applicable Incremental Term Lenders or Incremental Synthetic L/C Lenders in the applicable Incremental Assumption
Agreement, junior to) the existing Term B Loans, Revolving Facility Loans and Synthetic L/C Commitments and (iii) the Senior Secured Leverage Ratio shall be, on a Pro Forma Basis after giving effect to such Incremental Commitments and the
Loans and deposits to be made thereunder and the application of the proceeds therefrom as if made and applied on such date, no greater than 3.75 to 1.00. 
 (d) Each of the parties hereto hereby agrees that the Administrative Agent may take any and all action as may be reasonably necessary to ensure that all (i) Incremental Term Loans (other than Other Term Loans) in
the form of additional Term B Loans, when originally made, are included in each Borrowing of outstanding Term B Loans on a pro rata basis and (ii) Revolving Facility Loans in respect of Incremental Revolving Facility Commitments, when
originally made, are included in each Borrowing of outstanding Revolving Facility Loans of the applicable Borrower on a pro rata basis. Each Borrower agrees that Section 2.16 shall apply to any costs incurred by any Lender to effect the
foregoing. 
 SECTION 2.22. Credit-Linked Deposit Account. (a) The Credit-Linked Deposits shall be held by the Administrative
Agent in the Credit-Linked Deposit Account, and no party other than the Administrative Agent shall have a right of withdrawal from the Credit-Linked Deposit Account or any other right or power with respect to the Credit-Linked Deposits, except as
expressly set forth in Section 2.05, 2.09 or 2.11. Notwithstanding any provision in this Agreement to the contrary, the sole funding obligation of each Synthetic L/C Lender in respect of its participation in Synthetic Letters of Credit shall be
satisfied in full upon the funding of its Credit-Linked Deposit on the Closing Date. 
 (b) Each of the German Borrower, the Administrative
Agent, each Issuing Bank issuing any Synthetic Letter of Credit and each Synthetic L/C Lender hereby acknowledges and agrees that each Synthetic L/C Lender is funding its Credit-Linked Deposit to the Administrative Agent for application in the
manner contemplated by Section 2.05 and that the Administrative Agent has agreed to invest the Credit-Linked Deposits so as to earn a return (except during periods when, and to the extent to which, such Credit-Linked Deposits are used to cover
unreimbursed Synthetic L/C Disbursements, and subject to Section 2.14) for the Synthetic L/C Lenders equal to a rate per annum, reset daily on each Business Day for the period until the next following Business Day, equal to (i) such
day’s rate for one month LIBOR deposits (the “Benchmark LIBOR Rate”) computed on the basis of the actual number of days elapsed in a year of 365 days (or 366 days in a leap year) minus (ii) 0.15%. Such interest will
be paid to the Synthetic L/C Lenders by the Administrative Agent quarterly in arrears when Letter of Credit fees are payable pursuant to Section 2.12. In addition to the foregoing payments by the Administrative Agent, the German Borrower agrees
to make payments to the Synthetic L/C 

  

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Lenders quarterly in arrears when Letter of Credit fees are payable pursuant to Section 2.12 (and together with the payment of such fees) in an amount
equal to 0.15% per annum on the amounts of their respective Credit-Linked Deposits. 
 (c) The German Borrower shall have no right,
title or interest in or to the Credit-Linked Deposits and no obligations with respect thereto (except for the reimbursement obligations provided in Section 2.05 and the obligation to pay fees as provided in this Section 2.22), it being
acknowledged and agreed by the parties hereto that the making of the Credit-Linked Deposits by the Synthetic L/C Lenders, the provisions of this Section 2.22 and the application of the Credit-Linked Deposits in the manner contemplated by
Section 2.05 constitute agreements among the Administrative Agent, each Issuing Bank issuing any Synthetic Letter of Credit and each Synthetic L/C Lender with respect to the funding obligations of each Synthetic L/C Lender in respect of its
participation in Synthetic L/C Letters of Credit and do not constitute any loan or extension of credit to the German Borrower. 
 (d) Subject
to the German Borrower’s compliance with the cash-collateralization requirements set forth in Section 2.05(j), the Administrative Agent shall return any remaining Credit-Linked Deposits to the Synthetic L/C Lenders following the occurrence
of the Synthetic L/C Maturity Date. 
 ARTICLE III 
 Representations and Warranties 
 On the date of each Credit Event as provided in Section 4.01,
each of Holdings, Intermediate Holdings and each of the Borrowers represents and warrants to each of the Lenders that: 
 SECTION 3.01.
Organization; Powers. Except as set forth on Schedule 3.01, each of Holdings, Intermediate Holdings and the Material Subsidiaries (a) is (i) a partnership, limited liability company or corporation duly organized, validly
existing and (ii) in good standing (or, if applicable in a foreign jurisdiction, enjoys the equivalent status under the laws of any jurisdiction of organization outside the United States) under the laws of the jurisdiction of its organization,
(b) has all requisite power and authority to own its property and assets and to carry on its business as now conducted, (c) is qualified to do business in each jurisdiction where such qualification is required, except where the failure so
to qualify would not reasonably be expected to have a Material Adverse Effect, and (d) has the power and authority to execute, deliver and perform its obligations under each of the Loan Documents and each other agreement or instrument
contemplated thereby to which it is a party and, in the case of each Borrower, to borrow and otherwise obtain credit hereunder. 
 SECTION
3.02. Authorization. The execution, delivery and performance by each of the Loan Parties of each of the Loan Documents to which it is a party, and the borrowings hereunder and the transactions forming a part of (i) in the case of Credit
Events on the Closing Date, the Closing Date Transactions and (ii) in the case of Credit Events occurring after the consummation of any other Transactions, such Transactions (a) have been duly 

  

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authorized by all corporate, stockholder, partnership or limited liability company action required to be obtained by such Loan Parties and (b) will not
(i) violate (A) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents (including any partnership, limited liability company or operating agreements) or by-laws
of any such Loan Party, (B) any applicable order of any court or any rule, regulation or order of any Governmental Authority or (C) any provision of any indenture, certificate of designation for preferred stock, agreement or other
instrument to which any such Loan Party is a party or by which any of them or any of their property is or may be bound, (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default
under, give rise to a right of or result in any cancellation or acceleration of any right or obligation (including any payment) or to a loss of a material benefit under any such indenture, certificate of designation for preferred stock, agreement or
other instrument, where any such conflict, violation, breach or default referred to in clause (i) or (ii) of this Section 3.02(b), would reasonably be expected to have, individually or in the aggregate a Material Adverse Effect, or
(iii) result in the creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by any such Loan Party, other than Permitted Liens. 
 SECTION 3.03. Enforceability. This Agreement has been duly executed and delivered by each Loan Party that is party hereto and constitutes, and
each other Loan Document when executed and delivered by each Loan Party that is party thereto will constitute, a legal, valid and binding obligation of such Loan Party enforceable against each such Loan Party in accordance with its terms, subject to
(i) the effects of bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other similar laws affecting creditors’ rights generally, (ii) general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law) and (iii) implied covenants of good faith and fair dealing. 
 SECTION 3.04.
Governmental Approvals. No action, consent or approval of, registration or filing with or any other action by any Governmental Authority or third party is or will be required in connection with the Transactions, the perfection or maintenance
of the Liens created under the Security Documents or the exercise by any Agent or any Lender of its rights under the Loan Documents or the remedies in respect of the Collateral, except for (a) the filing of Uniform Commercial Code financing
statements and equivalent filings, registrations or other notifications in foreign jurisdictions, (b) filings with the United States Patent and Trademark Office and the United States Copyright Office and comparable offices in foreign
jurisdictions and equivalent filings in foreign jurisdictions, (c) recordation of the Mortgages, (d) such as have been made or obtained and are in full force and effect, (e) such actions, consents and approvals the failure of which to
be obtained or made would not reasonably be expected to have a Material Adverse Effect and (f) filings or other actions listed on Schedule 3.04. 
 SECTION 3.05. Financial Statements. (a) The unaudited pro forma combined balance sheet and related combined statements of operations of Intermediate Holdings (including the notes thereto)
(the “Pro Forma Financial Statements”) as of and for the twelve-month period ending on September 30, 2006, copies of which have heretofore been furnished to each Lender (via inclusion in the Information Memorandum), have been
prepared giving effect (in the case of such balance sheet, as if such events had occurred on such date, and, in the case of such statements of operations, as of the beginning of such period) to the Closing Date Transactions. Each of the Pro Forma
Financial Statements has been prepared in good faith based on 

  

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assumptions believed by Intermediate Holdings and each Borrower (i) to have been reasonable as of the date of delivery thereof and (ii) to be
reasonable as of the Closing Date, and presents fairly in all material respects on a Pro Forma Basis the estimated financial position of Intermediate Holdings as at September 30, 2006, assuming that the Closing Date Transactions had actually
occurred at such date, and the results of operations of Intermediate Holdings for the twelve-month period ended September 30, 2006, assuming that the Closing Date Transactions had actually occurred on the first day of such twelve-month period.

 (b) The (A) audited combined balance sheets and related statements of operations and cash flows of the Seller’s “Advanced
Materials” business (to which business Intermediate Holdings is the successor) for the two fiscal years ended December 31, 2005, which combined balance sheets and related statements of operations and cash flows have been audited by
independent public accountants of recognized national standing and are accompanied by an opinion of such accountants (which opinion is not qualified as to scope of audit or as to the status of Intermediate Holdings or any entity comprising a part
thereof as a going concern) to the effect that such consolidated financial statements fairly present, in all material respects, the financial position and results of operations of Intermediate Holdings on a consolidated basis in accordance with GAAP
and (B) unaudited consolidated balance sheets and related statements of operations and cash flows of Intermediate Holdings for the nine-month period ended September 30, 2006, and for each subsequent fiscal quarter completed at least
45 days prior to the Closing Date and for comparable periods from the prior fiscal year, copies of which have heretofore been furnished to each Lender, in each case present fairly in all material respects the combined financial position of
Intermediate Holdings as at such date and the combined results of operations of Intermediate Holdings for the periods then ended. 
 SECTION
3.06. No Material Adverse Effect. Since December 31, 2005, there has been no event, development or circumstance that has had or would reasonably be expected to have a Material Adverse Effect. 
 SECTION 3.07. Title to Properties; Possession Under Leases. (a) Each of Intermediate Holdings and the Subsidiaries has valid fee simple title
to, or valid leasehold interests in, or easements or other limited property interests in, all its Real Properties (including all Mortgaged Properties) and has valid title to its personal property and assets, in each case, except for Permitted Liens
and except for defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes and except where the failure to have such title
would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. All such properties and assets are free and clear of Liens, other than Permitted Liens. 
 (b) Except as set forth on Schedule 3.07(b), each of Intermediate Holdings and the Subsidiaries has complied with all obligations under all leases
to which it is a party, except where the failure to comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, and all such leases are in full force and effect, except leases in respect of which the
failure to be in full force and effect would not reasonably be expected to have a Material Adverse Effect. Except as set forth on Schedule 3.07(b), each of Intermediate Holdings and the Subsidiaries enjoys peaceful and undisturbed possession
under all such leases, other than leases in respect of which the failure to enjoy peaceful and undisturbed 

  

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possession would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 (c) Each of Intermediate Holdings and the Subsidiaries owns or possesses, or is licensed to use, all patents, trademarks, service marks, trade names and
copyrights, all applications for any of the foregoing and all licenses and rights with respect to any of the foregoing necessary for the present conduct of its business, without any conflict (of which Intermediate Holdings or any Subsidiary has been
notified in writing) with the rights of others, and free from any burdensome restrictions on the present conduct of the Acquired Business, except where such conflicts and restrictions would not reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect or except as set forth on Schedule 3.07(c). 
 (d) As of the Closing Date, none of
Intermediate Holdings or the Subsidiaries has received any notice of any pending or contemplated condemnation proceeding affecting any material portion of the Mortgaged Properties or any sale or disposition thereof in lieu of condemnation that
remains unresolved as of the Closing Date. 
 (e) None of Intermediate Holdings or the Subsidiaries is obligated on the Closing Date under
any right of first refusal, option or other contractual right to sell, assign or otherwise dispose of any Mortgaged Property or any interest therein, except as permitted by Section 6.02 or 6.05. 
 SECTION 3.08. Subsidiaries. (a) Schedule 3.08(a) sets forth as of the Closing Date the name and jurisdiction of incorporation,
formation or organization of each direct and indirect subsidiary of Intermediate Holdings and, as to each such subsidiary, the percentage of Equity Interests owned by Intermediate Holdings or by any such subsidiary. 
 (b) As of the Closing Date, there are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments (other than stock
options granted to employees or directors and directors’ qualifying shares) of any nature relating to any Equity Interests of Holdings, Intermediate Holdings or any of the Subsidiaries, except rights of the Seller or of employees to purchase
Equity Interests of Holdings in connection with the Transactions or as set forth on Schedule 3.08(b). 
 SECTION 3.09.
Litigation; Compliance with Laws. (a) There are no actions, suits or proceedings at law or in equity or, to the knowledge of Holdings, Intermediate Holdings or any Borrower, investigations by or on behalf of any Governmental Authority or
in arbitration now pending, or, to the knowledge of Holdings, Intermediate Holdings or any Borrower, threatened in writing against or affecting Holdings, Intermediate Holdings or any of the Subsidiaries or any business, property or rights of any
such person which would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 (b) None of Holdings,
Intermediate Holdings, the Subsidiaries or their respective properties or assets is in violation of (nor will the continued operation of their material properties and assets as currently conducted violate) any law, rule or regulation (including any
zoning, building, ordinance, code or approval or any building permit, but excluding any 

  

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Environmental Laws, which are subject to Section 3.16) or any restriction of record or agreement affecting any Mortgaged Property, or is in default with
respect to any judgment, writ, injunction or decree of any Governmental Authority, where such violation or default would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 
 SECTION 3.10. Federal Reserve Regulations. (a) None of Holdings, Intermediate Holdings or the Subsidiaries is engaged principally, or as one
of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock. 
 (b) No part of
the proceeds of any Loan will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or carry Margin Stock or to extend credit to others for the purpose of purchasing or carrying Margin
Stock or to refund indebtedness originally incurred for such purpose, or (ii) for any purpose that entails a violation of, or that is inconsistent with, the provisions of the Regulations of the Board, including Regulation U or Regulation X.

 SECTION 3.11. Investment Company Act. None of Holdings, Intermediate Holdings or the Subsidiaries is an “investment
company” as defined in, or subject to regulation under, the Investment Company Act of 1940, as amended. 
 SECTION 3.12. Use of
Proceeds. Each of the U.S. Borrower and the German Borrower will use the proceeds of (i) any Revolving Facility Loans made on the Closing Date solely to finance a portion of the Cash Consideration and the Transaction Expenses and
(ii) use the proceeds of the Revolving Facility Loans made after the Closing Date and the Swingline Loans and request issuance of Letters of Credit solely for general corporate purposes. The German Borrower will use the proceeds of the Term B
Loans made on the Closing Date solely to finance a portion of the Cash Consideration and the Transaction Expenses. 
 SECTION 3.13. Tax
Returns. Except as set forth on Schedule 3.13: 
 (a) Except as would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect, (i) each of Holdings, Intermediate Holdings and the Subsidiaries has filed or caused to be filed all U.S. federal, state, local and non-U.S. Tax returns required to have been filed
by it and (ii) taken as a whole, each such Tax return is true and correct; 
 (b) Each of Holdings, Intermediate Holdings
and the Subsidiaries has timely paid or caused to be timely paid all Taxes shown to be due and payable by it on the returns referred to in clause (a) and all other Taxes or assessments (or made adequate provision (in accordance with GAAP) for
the payment of all Taxes due) with respect to all periods or portions thereof ending on or before the Closing Date (except Taxes or assessments that are being contested in good faith by appropriate proceedings in accordance with Section 5.03
and for which Holdings, Intermediate Holdings or any of the Subsidiaries (as the case may be) has set aside on its books adequate reserves in accordance with GAAP), which Taxes, if not paid or adequately provided for, would, 

  

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individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; and 
 (c) Other than as would not be, individually or in the aggregate, reasonably expected to have a Material Adverse Effect: as of the Closing
Date, with respect to each of Holdings, Intermediate Holdings and the Subsidiaries, (i) there are no claims being asserted in writing with respect to any Taxes, (ii) no presently effective waivers or extensions of statutes of limitation
with respect to Taxes have been given or requested and (iii) no Tax returns are being examined by, and no written notification of intention to examine has been received from, the Internal Revenue Service or any other Taxing authority.

 SECTION 3.14. No Material Misstatements. (a) All written information (other than the Projections, estimates and information of
a general economic nature or a general industry nature) (the “Information”) concerning Holdings, Intermediate Holdings, the Subsidiaries, the Acquired Business, the Transactions and any other transactions contemplated hereby
included in the Information Memorandum or otherwise prepared by or on behalf of the foregoing or their representatives and made available to any Lenders or the Administrative Agent in connection with the Transactions or the other transactions
contemplated hereby, when taken as a whole, was true and correct in all material respects, as of the date such Information was furnished to the Lenders and, if delivered prior to the Closing Date, as of the Closing Date and did not, taken as a
whole, contain any untrue statement of a material fact as of any such date or omit to state a material fact necessary in order to make the statements contained therein, taken as a whole, not materially misleading in light of the circumstances under
which such statements were made. 
 (b) The Projections and estimates and information of a general economic nature prepared by or on behalf
of Holdings, Intermediate Holdings, any of the Subsidiaries or any of their representatives and that have been made available to any Lenders or the Administrative Agent in connection with the Transactions or the other transactions contemplated
hereby (i) have been prepared in good faith based upon assumptions believed by Holdings, Intermediate Holdings or such Subsidiary to be reasonable at the time made (it being understood that actual results may vary materially from the
Projections), as of the date such Projections and estimates were furnished to the Lenders and, if delivered prior to the Closing Date, as of the Closing Date, and (ii) if delivered prior to the Closing Date, as of the Closing Date, have not
been modified in any material respect by Intermediate Holdings or such Subsidiary. 
 SECTION 3.15. Employee Benefit Plans.
(a) Except as would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect: (i) each Plan and each Multiemployer Plan is in compliance in all material respects with the applicable provisions of
ERISA and the Code; (ii) no Reportable Event has occurred during the past five years as to which Intermediate Holdings, any of its Subsidiaries or any ERISA Affiliate was required to file a report with the PBGC, other than reports that have
been filed; (iii) no Plan has any Unfunded Pension Liability in excess of $35.0 million; (iv) no ERISA Event has occurred or is reasonably expected to occur; (v) none of Intermediate Holdings or the Subsidiaries has engaged in a
“prohibited transaction” (as defined in Section 406 of ERISA and Code Section 4975) in connection with any employee pension benefit plan (as defined in Section 3(2) of ERISA) that 

  

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would subject Intermediate Holdings or any Subsidiary to tax; and (vi) none of Intermediate Holdings or the Subsidiaries and the ERISA Affiliates has
incurred or is reasonably expected to incur any Withdrawal Liability to any Multiemployer Plan. 
 (b) Each of Intermediate Holdings and the
Subsidiaries is in compliance (i) with all applicable provisions of law and all applicable regulations and published interpretations thereunder with respect to any employee pension benefit plan or other employee benefit plan governed by the
laws of a jurisdiction other than the United States and (ii) with the terms of any such plan, except, in each case, for such noncompliance that would not reasonably be expected to have a Material Adverse Effect. 
 (c) Except as would not reasonably be expected to result in a Material Adverse Effect, there are no pending, or to the knowledge of Intermediate Holdings
or any Borrower, threatened claims (other than claims for benefits in the normal course), sanctions, actions or lawsuits, asserted or instituted against any Plan or any person as fiduciary or sponsor of any Plan that would reasonably be expected to
result in liability to Intermediate Holdings, any of the Subsidiaries or the ERISA Affiliates. 
 (d) Within the last five years, no Plan of
Intermediate Holdings, any Subsidiary or the ERISA Affiliates has been terminated, whether or not in a “standard termination” as that term is used in Section 4041(b)(1) of ERISA, that would reasonably be expected to result in
liability to Intermediate Holdings, any Subsidiary or any of the ERISA Affiliates in excess of $35.0 million, nor has any Plan of Intermediate Holdings, any Subsidiary or any of the ERISA Affiliates (determined at any time within the past five
years) with Unfunded Pension Liabilities been transferred outside of the “controlled group” (with the meaning of Section 4001(a)(14) of ERISA) that has or would reasonably be expected to result in a Material Adverse Effect.

 SECTION 3.16. Environmental Matters. Except as set forth in Schedule 3.16 and except as to matters that would not reasonably
be expected to have, individually or in the aggregate, a Material Adverse Effect: (i) no written notice, claim, demand, request for information, order, complaint or penalty has been received by Holdings, Intermediate Holdings or any of its
Subsidiaries, and there are no judicial, administrative or other actions, suits or proceedings pending or, to Holdings’s, Intermediate Holdings’s or any Borrower’s knowledge, threatened which allege a violation of or liability under
any Environmental Laws, in each case relating to Holdings, Intermediate Holdings or any of its Subsidiaries, (ii) each Borrower and each of the Subsidiaries has all environmental permits, licenses and other approvals necessary for its
operations to comply with all applicable Environmental Laws and is, and during the term of all applicable statutes of limitation, has been, in compliance with the terms of such permits, licenses and other approvals and with all other applicable
Environmental Laws, (iii) to the Borrowers’ knowledge, no Hazardous Material is located at, on or under any property currently owned, operated or leased by any Borrower or any of the Subsidiaries that would reasonably be expected to give
rise to any cost, liability or obligation of Holdings, Intermediate Holdings or any of the Subsidiaries under any Environmental Laws, and no Hazardous Material has been generated, owned, treated, stored, handled or controlled by any Borrower or any
of the Subsidiaries and transported to or Released at any location in a manner that would reasonably be expected to give rise to any cost, liability or obligation of Holdings, Intermediate Holdings or 

  

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any of its Subsidiaries under any Environmental Laws and (iv) there are no agreements in which Holdings, Intermediate Holdings or any of its
Subsidiaries has expressly assumed or undertaken responsibility for any known or reasonably likely liability or obligation of any other person arising under or relating to Environmental Laws, which in any such case has not been made available to the
Administrative Agent prior to the date hereof. 
 SECTION 3.17. Security Documents. (a) Each of the U.S. Collateral Agreement and
the First-Tier Subsidiary Pledge Agreement is effective to create in favor of the Administrative Agent (for the benefit of the Secured Parties) a legal, valid and enforceable security interest in the Collateral described therein. In the case of the
certificated Pledged Collateral described in the U.S. Collateral Agreement and First-Tier Subsidiary Pledge Agreement, when certificates or promissory notes, as applicable, representing such certificated Pledged Collateral are delivered to the
Administrative Agent, and in the case of the other Collateral described in the U.S. Collateral Agreement (other than the Intellectual Property (as defined in the U.S. Collateral Agreement)), when financing statements and other filings specified in
the Perfection Certificate are filed in the offices specified in the Perfection Certificate, the Administrative Agent (for the benefit of the Secured Parties) shall have a fully perfected Lien on, and security interest in, all right, title and
interest of the Loan Parties in such Collateral and, subject to Section 9-315 of the New York Uniform Commercial Code, the proceeds thereof, as security for the applicable Obligations to the extent perfection can be obtained by filing Uniform
Commercial Code financing statements, in each case prior and superior in right to any other person (except Permitted Liens). 
 (b) When the
U.S. Collateral Agreement or a summary thereof is properly filed in the United States Patent and Trademark Office and the United States Copyright Office, and, with respect to Collateral in which a security interest cannot be perfected by such
filings, upon the proper filing of the financing statements referred to in paragraph (a) above, the Administrative Agent (for the benefit of the Secured Parties) shall have a fully perfected first priority (subject to Permitted Liens) Lien on,
and security interest in, all right, title and interest of the Loan Parties thereunder in all material United States Intellectual Property (as defined in the US. Collateral Agreements), in each case prior and superior in right to any other person
(it being understood that subsequent recordings in the United States Patent and Trademark Office and the United States Copyright Office may be necessary to perfect a lien on registered trademarks and patents, trademark and patent applications and
registered copyrights acquired by the grantors after the Closing Date) (except Permitted Liens). 
 (c) Each Foreign Pledge Agreement and
each Foreign Collateral Agreement is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof to the
fullest extent permissible under applicable law. In the case of the certificated Pledged Collateral described in a Foreign Pledge Agreement, when certificates representing such certificated Pledged Collateral are delivered to the Administrative
Agent and, in the case of the Collateral described in a Foreign Collateral Agreement, when filings are made in the appropriate offices in each relevant jurisdiction, the Administrative Agent (for the benefit of the Secured Parties) shall have a
fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and the proceeds thereof, as security for the applicable Obligations, in each case prior and superior in right to any other
person (subject to Permitted 

  

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Liens), subject to (A) registration of undisclosed pledges and, where applicable, pledges of tangible assets with governmental tax authorities,
(B) recordation of notarial share pledges in the relevant shareholder registers, (C) execution and recordation of notarial mortgages in the relevant land registries, (D) recordation of intellectual property pledges with the relevant
intellectual property registers and (E) notification of debtors of certain receivables and (F) any other exceptions explicitly set forth in the relevant Foreign Pledge Agreement or Foreign Collateral Agreement (it being understood the
terms of the relevant Foreign Pledge Agreement or Foreign Collateral Agreement may explicitly provide that some or all of such actions need not be undertaken). 
 (d) Notwithstanding anything herein (including in this Section 3.17) or in any Loan Document to the contrary, other than to the extent set forth in the applicable Foreign Pledge Agreements, no Borrower or any
other Loan Party makes any representation or warranty as to the effects of perfection or non-perfection, the priority or the enforceability of any pledge of or security interest in any Equity Interests of any Foreign Subsidiary that is not a Loan
Party, or as to the rights and remedies of the Agents or any Lender with respect thereto under foreign law. 
 SECTION 3.18. Location of
Real Property and Leased Premises. (a) The Perfection Certificate completely and correctly sets forth and identifies, in all material respects, all material Real Property owned by any of the Loan Parties as of the Closing Date and the
addresses thereof (except as set forth therein). As of the Closing Date, each of the Loan Parties owns in fee all the Real Property set forth as being owned by such person on such schedules to the Perfection Certificate. 
 (b) The Perfection Certificate completely and correctly sets forth and identifies, in all material respects, as of the Closing Date, all material Real
Property leased by any of the Loan Parties as of the Closing Date and the addresses thereof and the leases pursuant to which the Real Property is leased (except as set forth therein). As of the Closing Date, each of the Loan Parties has in all
material respects valid leases in all the Real Property set forth as being leased by such person on such schedules to the Perfection Certificate. 
 SECTION 3.19. Solvency. (a) Immediately after giving effect to the Closing Date Transactions, (i) the fair value of the assets of each of the Borrowers (individually) and Holdings, Intermediate Holdings and its Subsidiaries
on a consolidated basis, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, unmatured, unliquidated, contingent or otherwise, of such Borrower (individually) and Holdings, Intermediate Holdings and its Subsidiaries on
a consolidated basis, respectively; (ii) the present fair saleable value of the property of the Borrower (individually) and Holdings, Intermediate Holdings and its Subsidiaries on a consolidated basis will be greater than the amount that will
be required to pay the probable liability of such Borrower (individually) and Holdings, Intermediate Holdings and its Subsidiaries on a consolidated basis, respectively, on their debts and other liabilities, direct, subordinated, unmatured,
unliquidated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (iii) each Borrower (individually) and Holdings, Intermediate Holdings and its Subsidiaries on a consolidated basis will be able to pay
their debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured; and (iv) each Borrower (individually) and Holdings, Intermediate Holdings and its Subsidiaries on a
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with which to conduct the businesses in which they are engaged as such businesses are now conducted and are proposed to be conducted following the Closing
Date. 
 (b) On the Closing Date, none of Holdings, Intermediate Holdings or any Borrower intends to, and none of Holdings, Intermediate
Holdings or any Borrower believes that it or any of its subsidiaries will, incur debts beyond its ability to pay such debts as they mature, taking into account the timing and amounts of cash to be received by it or any such subsidiary and the timing
and amounts of cash to be payable on or in respect of its Indebtedness or the Indebtedness of any such subsidiary. 
 SECTION 3.20. Labor
Matters. Except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect: (a) there are no strikes or other labor disputes pending or threatened against Holdings, Intermediate Holdings or any
of the Subsidiaries; (b) the hours worked and payments made to employees of Holdings, Intermediate Holdings and the Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable law dealing with such matters;
and (c) all payments due from Holdings, Intermediate Holdings or any of the Subsidiaries or for which any claim may be made against Holdings, Intermediate Holdings or any of the Subsidiaries, on account of wages and employee health and welfare
insurance and other benefits have been paid or accrued as a liability on the books of Holdings, Intermediate Holdings or such Subsidiary to the extent required by GAAP. Except as, individually or in the aggregate, would not reasonably be expected to
have a Material Adverse Effect, the consummation of the Transactions will not give rise to a right of termination or right of renegotiation on the part of any union under any material collective bargaining agreement to which Intermediate Holdings or
any of the Subsidiaries (or any predecessor) is a party or by which Holdings, Intermediate Holdings or any of the Subsidiaries (or any predecessor) is bound. 
 SECTION 3.21. Insurance. Schedule 3.21 sets forth a true, complete and correct description of all material insurance maintained by or on behalf of Holdings, Intermediate Holdings and the
Subsidiaries as of the Closing Date. As of such date, such insurance is in full force and effect. 
 SECTION 3.22. No Default. No
Default or Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document. 
 SECTION 3.23. Intellectual Property; Licenses, Etc. Except as would not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect, (a) each of Intermediate Holdings and the Subsidiaries owns, or possesses the right to use, all of the patents, patent rights, trademarks, service marks, trade names, copyrights, mask works, domain names, and any and
all applications or registrations for any of the foregoing (collectively, “Intellectual Property Rights”) that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other
person, (b) to the best knowledge of Intermediate Holdings and each Borrower, none of Intermediate Holdings or the Subsidiaries nor any intellectual property right, proprietary right, product, process, method, substance, part, or other material
now employed, sold or offered by or contemplated to be employed, sold or offered by such person, is interfering with, infringing upon, misappropriating 

  

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or otherwise violating any intellectual property rights of any person, and (c) no claim or litigation regarding any of the foregoing is pending or, to
the best knowledge of Intermediate Holdings and each Borrower, threatened. 
 SECTION 3.24. Senior Debt. The Obligations constitute
“Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof) under the Holdings PIK Note, the Senior Subordinated Notes Indenture and under the documentation governing any other Indebtedness
permitted to be incurred hereunder constituting subordinated Indebtedness or any Permitted Refinancing Indebtedness in respect of the Senior Subordinated Notes or such other Indebtedness permitted to be incurred hereunder constituting subordinated
Indebtedness. 
 ARTICLE IV 
 Conditions of Lending 
 SECTION 4.01. All Credit Events. The obligations of (a) the Lenders (including the
Swingline Lenders) to make Loans and (b) any Issuing Bank to issue Letters of Credit or renew, extend, amend or increase the stated amounts of, Letters of Credit hereunder (other than pursuant to any renewal, extension or amendment of a Letter
of Credit without any increase in the stated amount of such Letter of Credit) (each of clauses (a) and (b), a “Credit Event”) are subject to the satisfaction of the following conditions: 
 (a) The Administrative Agent shall have received, in the case of a Borrowing, a Borrowing Request as required by Section 2.03 (or a
Borrowing Request shall have been deemed given in accordance with the last paragraph of Section 2.03) or, in the case of the issuance of a Letter of Credit, the applicable Issuing Bank and the Administrative Agent shall have received a notice
requesting the issuance of such Letter of Credit as required by Section 2.05(b). 
 (b) The representations and
warranties set forth in the Loan Documents shall be true and correct in all material respects as of such date, as applicable, with the same effect as though made on and as of such date, except to the extent such representations and warranties
expressly relate to an earlier date (in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); provided, however, that for purposes of determining the satisfaction of
the conditions set forth in this Section 4.01(b) in connection with any Credit Event that occurs on the Closing Date the proceeds of which are used to finance the Closing Date Transactions, the only representations and warranties set forth in
the Loan Documents that shall be required to be satisfied are those set forth in Sections 3.01(a)(i), 3.01(b), 3.01(d), 3.02(a), 3.03, 3.10, 3.11, 3.17 and 3.24 of this Agreement. 
 (c) In the case of each Credit Event that occurs after the Closing Date, at the time of and immediately after such Borrowing or issuance,
amendment, extension or renewal of a Letter of Credit, as applicable, no Event of Default or Default shall have occurred and be continuing or would result therefrom. 
  

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 Each such Borrowing and each such issuance, amendment, extension or renewal of a Letter of Credit shall
be deemed to constitute a representation and warranty by the Borrower on the date of such Borrowing, issuance, amendment, extension or renewal as applicable, as to the matters specified in paragraphs (b) and (c) of this Section 4.01.

 SECTION 4.02. Effectiveness of Commitments. The obligations of each Lender to make any Loan hereunder or of any Issuing Bank to
issue any Letters of Credit shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.08 hereof): 
 (a) The Administrative Agent (or its counsel) shall have received from each party hereto either (i) a counterpart of this Agreement
signed on behalf of such party or (ii) written evidence satisfactory to the Administrative Agent (which may include telecopy transmission of a signed signature page of this Agreement) that such party has signed a counterpart of this Agreement.

 (b) The Administrative Agent shall have received, on behalf of itself, the Lenders and each Issuing Bank on the Closing
Date, a favorable written opinion of (i) Wachtell, Lipton, Rosen & Katz, special counsel for the Loan Parties, (ii) Douglas Johns, Esq., in-house counsel for the Loan Parties, and (iii) local counsel reasonably satisfactory
to the Administrative Agent as specified on Schedule 4.02(b), in each case (A) dated the Closing Date, (B) addressed to each Issuing Bank on the Closing Date, the Administrative Agent and the Lenders and (C) in form and
substance reasonably satisfactory to the Administrative Agent and covering such matters as the Administrative Agent shall reasonably request. 
 (c) The Administrative Agent shall have received each of the items referred to in clauses (i), (ii), (iii) and (iv) below: 
 (i) a copy of the certificate or articles of incorporation (or articles of association together with a commercial register extract in
relation to Loan Parties organized under the laws of Germany and other comparable documents relative to other Foreign Loan Parties), certificate of limited partnership or certificate of formation, including all amendments thereto, of each Loan
Party, (A) in the case of a Loan Party that is a corporation or limited liability company, certified as of a recent date by the Secretary of State (or other similar official, to the extent applicable in the relevant jurisdiction) of the
jurisdiction of its organization, and a certificate as to the good standing (to the extent such concept or a similar concept exists under the laws of such jurisdiction) of each such Loan Party as of a recent date from such Secretary of State (or
other similar official, if applicable) or (B) in the case of a Loan Party that is a partnership, certified by the Secretary or Assistant Secretary of each such Loan Party; 
 (ii) a certificate of the Secretary or Assistant Secretary or similar officer of each Loan Party dated the Closing Date and certifying:

 (A) that attached thereto is a true and complete copy of the by-laws (or partnership agreement, limited liability company
agreement or other equivalent governing documents) of such Loan Party as in effect on 

  

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the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B) below, 
 (B) that attached thereto is a true and complete copy of resolutions duly adopted by the Board of Directors (or equivalent governing
body) of such Loan Party (or its managing general partner or managing member) authorizing the execution, delivery and performance of the Loan Documents to which such person is a party and, in the case of any Borrower, the borrowings hereunder, and
that such resolutions have not been modified, rescinded or amended and are in full force and effect on the Closing Date, 
 (C) that the certificate or articles of incorporation, certificate of limited partnership or certificate of formation of such Loan Party has not been amended since the date of the last amendment thereto disclosed pursuant to clause (i)
above, 
 (D) as to the incumbency and specimen signature of each officer executing any Loan Document or any other document
delivered in connection herewith on behalf of such Loan Party and 
 (E) as to the absence of any pending proceeding for the
dissolution or liquidation of such Loan Party or, to the knowledge of such person, threatening the existence of such Loan Party; 
 (iii) a certificate of a director or another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary or similar officer executing the certificate pursuant to clause (ii) above; and 
 (iv) such other documents as the Administrative Agent, the Lenders and any Issuing Bank on the Closing Date may reasonably request
(including tax identification numbers and addresses). 
 (d) The elements of the Collateral and Guarantee Requirement
required to be satisfied on the Closing Date shall have been satisfied (provided that, in the case of any security interest in the Collateral or any deliverable related to the perfection of security interests in the Collateral (other than
Equity Interests held by any Loan Party and any assets the security interest in which may be perfected by the filing of a UCC financing statement or the delivery of the security agreement giving rise to the security interest therein) that is not
provided on the Closing Date after the use by the Loan Parties of commercially reasonable efforts to do so, such security interest or deliverable shall be delivered within the time periods specified with respect thereto in Schedule 4.02(d)) and
the Administrative Agent shall have received a completed Perfection Certificate dated the Closing Date and signed by a Responsible Officer of Intermediate Holdings, together with all attachments contemplated thereby, and the results of a search of
the Uniform Commercial Code (or equivalent) filings made with respect to the Loan Parties in the jurisdictions contemplated by the Perfection Certificate and copies of the financing 

  

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statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Administrative Agent that the Liens indicated by such
financing statements (or similar documents) are Permitted Liens or have been released. 
 (e) The Acquisition shall have been
consummated, or shall be consummated substantially simultaneously with the closing under this Agreement, in accordance with the terms of the Acquisition Agreement, all exhibits and schedules to the Acquisition Agreement (including all exhibits to
such schedules), the Tax Matters Agreement (as defined in the Acquisition Agreement) and all JV Partner Agreements (as defined in the Acquisition Agreement) as most recently provided to the Administrative Agent and the Co-Lead Arrangers by e-mail
from Wachtell, Lipton, Rosen & Katz prior to 9:00 p.m. on September 13, 2006, without giving effect to any amendments, modifications or waivers thereto that are materially adverse to the interests of the Lenders and not approved by the
Arranger (which approval shall not be unreasonably withheld or delayed). 
 (f) After giving effect to the Closing Date
Transactions, (i) Holdings, Intermediate Holdings and its Subsidiaries shall have no outstanding indebtedness or preferred equity interests that are issued and outstanding other than (A) the loans and other extensions of credit hereunder,
(B) the Senior Unsecured Notes and Senior Subordinated Notes, (C) the Holdings PIK Note, (D) preferred stock issued by Holdings to the Sponsor and the Management Group in connection with the Equity Contribution, if any (the
“Investor Preferred Stock”), (E) the UBS Preferred Stock, (F) indebtedness consisting of amounts owed or payable by a Business Subsidiary to GCF pursuant to the Accounts Payable Accelerated Payment Program (each
capitalized term used in this clause (F) having the respective meaning assigned thereto in the Acquisition Agreement or schedules thereto) in an aggregate principal amount not to exceed $42,000,000 and (G) Indebtedness permitted pursuant
to Section 6.01 of this Agreement and (ii) none of the Borrowers shall have any outstanding Equity Interests (or securities convertible into or exchangeable for Equity Interests) other than common stock owned directly or indirectly by
Intermediate Holdings. 
 (g) The Lenders shall have received the financial statements referred to in Section 3.05.

 (h) Intermediate Holdings and its Subsidiaries shall have received, or substantially simultaneously with the closing under
this Agreement shall have received, not less than an aggregate of $1,565,000,000 and €275,000,000 in gross cash proceeds from the issuance of the Senior Unsecured Notes and the Senior Subordinated Notes. 
 (i) The Equity Contribution shall have been made and Holdings shall have received proceeds from the Equity Contribution in an aggregate
amount that, together with the aggregate principal amount of the Holdings PIK Note, is equal to at least 21.0% of the Enterprise Value of Holdings, of which $453.15 million shall have been made in the form of a cash contribution of common equity.

 (j) The Lenders shall have received a solvency certificate substantially in the form of Exhibit B and signed by
the Chief Financial Officer of Holdings confirming the 

  

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solvency of Holdings, Intermediate Holdings and its Subsidiaries on a consolidated basis after giving effect to the Closing Date Transactions. 
 (k) The Agents shall have received all fees payable thereto or to any Lender on or prior to the Closing Date and, to the extent invoiced,
all other amounts due and payable pursuant to the Loan Documents on or prior to the Closing Date, including, to the extent invoiced, reimbursement or payment of all reasonable out-of-pocket expenses (including reasonable fees, charges and
disbursements of Cravath, Swaine & Moore LLP and local counsel) required to be reimbursed or paid by the Loan Parties hereunder or under any Loan Document. 
 (l) The Administrative Agent shall have received all insurance certificates satisfying the requirements of Section 5.02 of this
Agreement. The Administrative Agent shall have received all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the USA
PATRIOT Act, requested not less than five Business Days prior to the Closing Date. 
 For purposes of determining compliance with the
conditions specified in this Section 4.02, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or
satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the Closing Date specifying its objection thereto and
such Lender shall not have made available to the Administrative Agent such Lender’s ratable portion of the initial Borrowing. 
 ARTICLE
V 
 Affirmative Covenants 
 Each of Intermediate Holdings and the Borrowers covenants and agrees with each Lender that until the Commitments have been terminated or have expired and the Obligations (including principal of and interest on each Loan, all Fees and all
other expenses or amounts payable under any Loan Document) shall have been paid in full (other than contingent amounts not yet due) and all Letters of Credit have been canceled or have expired (or been cash collateralized on terms reasonably
satisfactory to the Administrative Agent) and all amounts drawn or paid thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, such person will, and will cause each of the Material Subsidiaries to:

 SECTION 5.01. Existence; Businesses and Properties. (a) Do or cause to be done all things necessary to preserve, renew and keep
in full force and effect its legal existence, except, in the case of a Subsidiary that is not a Borrower, where the failure to do so, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, and except as
otherwise permitted under Section 6.05, and except for the liquidation or dissolution of 

  

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any Subsidiary that is not a Borrower if the assets of such Subsidiary to the extent they exceed estimated liabilities are acquired by a Borrower or a Wholly
Owned Subsidiary of a Borrower in such liquidation or dissolution; provided, that Subsidiary Loan Parties may not be liquidated into Subsidiaries that are not Loan Parties and U.S. Borrower Subsidiaries may not be liquidated into Foreign
Subsidiaries. 
 (b) Except where the failure to do so, individually or in the aggregate, would not reasonably be expected to have a Material
Adverse Effect, do or cause to be done all things necessary to (i) lawfully obtain, preserve, renew, extend and keep in full force and effect the permits, franchises, authorizations, patents, trademarks, service marks, trade names, copyrights,
licenses and rights with respect thereto necessary to the normal conduct of its business, (ii) comply in all material respects with all applicable laws, rules, regulations (including any zoning, building ordinance, code or approval or any
building permits or any restrictions of record or agreements affecting the Mortgaged Properties) and judgments, writs, injunctions, decrees and orders of any Governmental Authority, whether now in effect or hereafter enacted, and (iii) at all
times maintain and preserve all property necessary to the normal conduct of its business and keep such property in good repair, working order and condition and from time to time make, or cause to be made, all needful and proper repairs, renewals,
additions, improvements and replacements thereto necessary in order that the business carried on in connection therewith, if any, may be properly conducted at all times (in each case except as permitted by this Agreement). 
 SECTION 5.02. Insurance. (a) Maintain, with financially sound and reputable insurance companies, insurance in such amounts and against such
risks as are customarily maintained by similarly situated companies engaged in the same or similar businesses operating in the same or similar locations and cause the Administrative Agent to be listed as a co-loss payee on property and casualty
policies and as an additional insured on liability policies. 
 (b) With respect to any Mortgaged Properties, if at any time the area in
which the Premises (as defined in the Mortgages) are located is designated a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), obtain flood insurance in such
reasonable total amount as the Administrative Agent may from time to time reasonably require, and otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as it may be amended from time to
time. 
 (c) In connection with the covenants set forth in this Section 5.02, it is understood and agreed that: 
 (i) none of the Administrative Agent, the Lenders, the Issuing Banks and their respective agents or employees shall be liable for any loss
or damage insured by the insurance policies required to be maintained under this Section 5.02, it being understood that (A) the Loan Parties shall look solely to their insurance companies or any other parties other than the aforesaid
parties for the recovery of such loss or damage and (B) such insurance companies shall have no rights of subrogation against the Administrative Agent, the Lenders, any Issuing Bank or their agents or employees. If, however, the insurance
policies, as a matter of the internal policy of such insurer, do not provide 

  

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waiver of subrogation rights against such parties, as required above, then each of Intermediate Holdings and the Borrowers, on behalf of itself and on behalf
of each of its Subsidiaries, hereby agrees, to the extent permitted by law, to waive, and further agrees to cause each of its Subsidiaries to waive, its right of recovery, if any, against the Administrative Agent, the Lenders, any Issuing Bank and
their agents and employees; and 
 (ii) the designation of any form, type or amount of insurance coverage by the
Administrative Agent under this Section 5.02 shall in no event be deemed a representation, warranty or advice by the Administrative Agent or the Lenders that such insurance is adequate for the purposes of the business of Intermediate Holdings
or any Subsidiary or the protection of their properties. 
 SECTION 5.03. Taxes. Pay and discharge promptly when due all material
Taxes imposed upon it or upon its income or profits or in respect of its property, before the same shall become delinquent or in default, as well as all lawful claims which, if unpaid, might give rise to a Lien upon such properties or any part
thereof; provided, however, that such payment and discharge shall not be required with respect to any such Tax or claim so long as the validity or amount thereof shall be contested in good faith by appropriate proceedings, and
Intermediate Holdings or the affected Subsidiary, as applicable, shall have set aside on its books reserves in accordance with GAAP with respect thereto. 
 SECTION 5.04. Financial Statements, Reports, etc. Furnish to the Administrative Agent (which will promptly furnish such information to the Lenders): 
 (a) [Reserved] 
 (b) On or prior to the date that is (i) in the case of the fiscal year ending December 31, 2006, 105 days after the end of such fiscal year and (ii) in the case of each fiscal year thereafter, the earliest to occur of
(A) 95 days after the end of each such fiscal year, (B) the date a report for such fiscal year on Form 10-K is required to be delivered to the SEC and (C) the earlier of the date on which the financial statements described below
in this paragraph (b) are filed with the SEC or delivered to the holders of the Notes, a consolidated balance sheet and related statements of operations, cash flows and owners’ equity showing the financial position of Intermediate Holdings
and its Subsidiaries as of the close of such fiscal year and the consolidated results of their operations during such year and, starting with the fiscal year ending December 31, 2006, setting forth in comparative form the corresponding figures
for the prior fiscal year, which consolidated balance sheet and related statements of operations, cash flows and owners’ equity shall be audited by independent public accountants of recognized national standing and accompanied by an opinion of
such accountants (which opinion shall not be qualified as to scope of audit or as to the status of Intermediate Holdings or any Material Subsidiary as a going concern) to the effect that such consolidated financial statements fairly present, in all
material respects, the financial position and results of operations of Intermediate Holdings and its Subsidiaries on a consolidated basis in accordance with GAAP (it being understood that the delivery by Intermediate Holdings of annual reports on
Form 10-K of Intermediate Holdings and its consolidated Subsidiaries shall satisfy the requirements of 

  

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this Section 5.04(b) to the extent such annual reports include the information specified herein); 
 (c) on or prior to the date that is (i) in the case of each fiscal quarter ended prior to the first anniversary of the Closing Date
(other than the fiscal quarter ended December 31, 2006), 60 days after the end of such quarter (or, if Intermediate Holdings is required to file quarterly reports on Form 10-Q for such period, the date a report for such fiscal quarter is
required to be filed with the SEC on Form 10-Q) and (ii) in the case of each of the first three fiscal quarters of each fiscal year thereafter, the earliest of (A) 50 days after the end of such quarter, (B) the date a report
for such fiscal quarter is required to be filed with the SEC on Form 10-Q and (C) the earlier of the date on which the financial statements described below in this paragraph (c) are filed with the SEC or delivered to the holders of
the Notes, (i) a consolidated balance sheet and related statements of operations and cash flows showing the financial position of Intermediate Holdings and its Subsidiaries as of the close of such fiscal quarter and the consolidated results of
their operations during such fiscal quarter and the then-elapsed portion of the fiscal year and setting forth in comparative form the corresponding figures for the corresponding periods of the prior fiscal year, and (ii) management’s
discussion and analysis of significant operational and financial developments during such quarterly period, all of which shall be in reasonable detail and which consolidated balance sheet and related statements of operations and cash flows shall be
certified by a Financial Officer of Intermediate Holdings on behalf of Intermediate Holdings as fairly presenting, in all material respects, the financial position and results of operations of Intermediate Holdings and its Subsidiaries on a
consolidated basis in accordance with GAAP (subject to normal year-end audit adjustments and the absence of footnotes) (it being understood that the delivery by Intermediate Holdings of quarterly reports on Form 10-Q of Intermediate Holdings and its
consolidated Subsidiaries shall satisfy the requirements of this Section 5.04(c) to the extent such quarterly reports include the information specified herein); 
 (d) (x) concurrently with any delivery of financial statements under paragraphs (b) or (c) above, a certificate of a
Financial Officer of Intermediate Holdings (i) certifying that no Event of Default or Default has occurred or, if such an Event of Default or Default has occurred, specifying the nature and extent thereof and any corrective action taken or
proposed to be taken with respect thereto, (ii) setting forth computations in reasonable detail satisfactory to the Administrative Agent demonstrating compliance with the Financial Performance Covenant, if applicable, (iii) certifying a
list of names of all Immaterial Subsidiaries, that each Subsidiary set forth on such list individually qualifies as an Immaterial Subsidiary and that all such Subsidiaries in the aggregate (together with all Unrestricted Subsidiaries) do not exceed
the limitation set forth in clause (b) of the definition of the term Immaterial Subsidiary, (iv) certifying a list of names of all Unrestricted Subsidiaries, that each Subsidiary set forth on such list individually qualifies as an
Unrestricted Subsidiary, (v) setting forth computations and other information in reasonable detail satisfactory to the Administrative Agent of the Cumulative Credit as of the end of the applicable fiscal quarter and any application of the
Cumulative Credit to investments, dividends and other payments during such quarter and (vi) concurrently with any delivery of financial statements under paragraph (b) above, if 

  

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the accounting firm is not restricted from providing such a certificate by its policies of its national office, a certificate of the accounting firm opining
on or certifying such statements stating whether they obtained knowledge during the course of their examination of such statements of any Default or Event of Default (which certificate may be limited to accounting matters and disclaim responsibility
for legal interpretations); 
 (e) promptly after the same become publicly available, copies of all periodic and other
publicly available reports, proxy statements and, to the extent requested by the Administrative Agent, other materials filed by Intermediate Holdings or any of the Subsidiaries with the SEC, or after an initial public offering, distributed to its
stockholders generally, as applicable; provided, however, that such reports, proxy statements, filings and other materials required to be delivered pursuant to this clause (e) shall be deemed delivered for purposes of this
Agreement when posted to the public website of Intermediate Holdings or publicly available through the EDGAR System; 
 (f)
within 90 days after the beginning of each fiscal year, a reasonably detailed consolidated annual budget for such fiscal year (including a projected consolidated balance sheet of Intermediate Holdings and its Subsidiaries as of the end of such
fiscal year, and the related consolidated statements of projected cash flow and projected income), including a description of underlying assumptions with respect thereto (collectively, the “Budget”), which Budget shall in each case
be accompanied by the statement of a Financial Officer of Intermediate Holdings to the effect that the Budget is based on assumptions believed by such Financial Officer to be reasonable as of the date of delivery thereof; 
 (g) upon the reasonable request of the Administrative Agent, an updated Perfection Certificate (or, to the extent such request relates to
specified information contained in the Perfection Certificate, such information) reflecting all changes since the date of the information most recently received pursuant to this paragraph (g) or Section 5.10(f); 
 (h) promptly, from time to time, such other information regarding the operations, business affairs and financial condition of Intermediate
Holdings or any of the Subsidiaries, or compliance with the terms of any Loan Document, or such consolidating financial statements as in each case the Administrative Agent may reasonably request (for itself or on behalf of any Lender); 

(i) in the event that (i) in respect of the Senior Unsecured Notes or the Senior Subordinated Notes, and any Refinancing
Indebtedness with respect thereto, the rules and regulations of the SEC permit Intermediate Holdings, Holdings or any Parent Entity to report at Holdings’s or such Parent Entity’s level on a consolidated basis and (ii) Holdings or
such Parent Entity, as the case may be, is not engaged in any business or activity, and does not own any assets or have other liabilities, other than those incidental to its ownership directly or indirectly of the capital stock of Intermediate
Holdings and the Subsidiaries and the incurrence of Indebtedness for borrowed money (and, without limitation on the foregoing, does not have any subsidiaries other than Intermediate Holdings and the Subsidiaries and any direct or indirect parent
companies of Intermediate 

  

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Holdings and the Subsidiaries that are not engaged in any other business or activity and do not hold any other assets or have any liabilities except as
indicated above) such consolidated reporting at Holdings’s or such Parent Entity’s level, as applicable, in a manner consistent with that described in paragraphs (b) and (c) of this Section 5.04 for Intermediate Holdings and
its Subsidiaries (together with a reconciliation showing the adjustments necessary to determine compliance by Intermediate Holdings and its Subsidiaries with the Financial Performance Covenant) will satisfy the requirements of such paragraphs;

 (j) promptly upon request by the Administrative Agent, copies of: (i) each Schedule B (Actuarial Information) to
the most recent annual report (Form 5500 Series) filed with the Internal Revenue Service with respect to a Plan; (ii) the most recent actuarial valuation report for any Plan; (iii) all notices received from a Multiemployer Plan sponsor, a
plan administrator or any governmental agency, or provided to any Multiemployer Plan by Intermediate Holdings, any Subsidiary or any ERISA Affiliate, concerning an ERISA Event; and (iv) such other documents or governmental reports or filings
relating to any Plan or Multiemployer Plan as the Administrative Agent shall reasonably request and, with respect to any employee benefit pension plan or other employee benefit plan governed by the laws of a jurisdiction other than the United
States, any available annual reports, actuarial valuation reports or notices from plan sponsors or any governmental entity with respect to such plans; 
 (k) promptly upon Intermediate Holdings or any Borrower becoming aware of any fact or condition which would reasonably be expected to result in an ERISA Event, Intermediate Holdings and the applicable Borrower shall
deliver to Administrative Agent a summary of such facts and circumstances and any action Intermediate Holdings or the applicable Borrower or other Subsidiary intends to take regarding such facts or conditions; and 
 (l) (i) promptly following any request therefor, on and after the effectiveness of the Pension Act, copies of (i) any documents
described in Section 101(k)(1) of ERISA that Intermediate Holdings, any Subsidiary or any ERISA Affiliate may request with respect to any Multiemployer Plan and (ii) any notices described in Section 101(l)(1) of ERISA that
Intermediate Holding, any Subsidiary or any ERISA Affiliate may request with respect to any Plan or Multiemployer Plan; provided that if Intermediate Holdings, any Subsidiary or any ERISA Affiliate have not requested such documents or notices
from the administrator or sponsor of the applicable Plan or Multiemployer Plan, Intermediate Holdings, any Subsidiary or any ERISA Affiliate shall promptly make a request for such documents or notices from the such administrator or sponsor and shall
provide copies of such documents and notices promptly after receipt thereof. 
 SECTION 5.05. Litigation and Other Notices. Furnish to
the Administrative Agent (which will promptly thereafter furnish to the Lenders) written notice of the following promptly after any Responsible Officer of Intermediate Holdings or any Borrower obtains actual knowledge thereof: 
  

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 (a) any Event of Default or Default, specifying the nature and extent thereof and the
corrective action (if any) proposed to be taken with respect thereto; 
 (b) the filing or commencement of, or any written
threat or notice of intention of any person to file or commence, any action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority or in arbitration, against Intermediate Holdings or any of the Subsidiaries as to
which an adverse determination is reasonably probable and which, if adversely determined, would reasonably be expected to have a Material Adverse Effect; 
 (c) any other development specific to Intermediate Holdings or any of the Subsidiaries that is not a matter of general public knowledge and that has had, or would reasonably be expected to have, a Material Adverse
Effect; and 
 (d) the development of any ERISA Event that, together with all other ERISA Events that have developed or
occurred, would reasonably be expected to have a Material Adverse Effect. 
 SECTION 5.06. Compliance with Laws. Comply with all laws,
rules, regulations and orders of any Governmental Authority applicable to it or its property, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect;
provided, that this Section 5.06 shall not apply to Environmental Laws, which are the subject of Section 5.09, or to laws related to Taxes, which are the subject of Section 5.03. 
 SECTION 5.07. Maintaining Records; Access to Properties and Inspections. Maintain all financial records in accordance with GAAP and permit any
persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender to visit and inspect the financial records and the properties of Intermediate Holdings or any of the Subsidiaries at
reasonable times, upon reasonable prior notice to Intermediate Holdings or the applicable Subsidiary, and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any persons designated by the
Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender upon reasonable prior notice to Intermediate Holdings or the Borrowers to discuss the affairs, finances and condition of Intermediate Holdings
or any of its Subsidiaries with the officers thereof and independent accountants therefor (in each case set forth in this Section 5.07, subject to reasonable requirements of confidentiality, including requirements imposed by law or by
contract). 
 SECTION 5.08. Use of Proceeds. (a) In the case of each of the U.S. Borrower and the German Borrower, (i) use
the proceeds of any Revolving Facility Loans made on the Closing Date solely to finance a portion of the Cash Consideration and the Transaction Expenses, (ii) use the proceeds of the One-Time Swingline Loans, if any, made on the One-Time
Swingline Borrowing Date solely for the purpose of the Thai Debt Repayment and (iii) use the proceeds of the Revolving Facility Loans made after the Closing Date and the Swingline Loans and request issuance of Letters of Credit solely for
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of the German Borrower, use the proceeds of the Term B Loans made on the Closing Date solely to finance a portion of the Cash Consideration and the
Transaction Expenses. 
 SECTION 5.09. Compliance with Environmental Laws. Comply, and make reasonable efforts to cause all lessees
and other persons occupying its properties to comply, with all Environmental Laws applicable to its operations and properties; and obtain and renew all material authorizations and permits required pursuant to Environmental Law for its operations and
properties, in each case in accordance with Environmental Laws, except, in each case with respect to this Section 5.09, to the extent the failure to do so would not reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect. 
 SECTION 5.10. Further Assurances; Additional Security. (a) Execute any and all further documents, financing
statements, agreements and instruments, and take all such further actions (including the filing and recording of financing statements, fixture filings, Mortgages and other documents and recordings of Liens in stock registries), that may be required
under any applicable law, or that the Administrative Agent may reasonably request, to satisfy the Collateral and Guarantee Requirement and to cause the Collateral and Guarantee Requirement to be and remain satisfied, all at the expense of the Loan
Parties, and provide to the Administrative Agent, from time to time upon reasonable request, evidence reasonably satisfactory to the Administrative Agent as to the perfection and priority of the Liens created or intended to be created by the
Security Documents, in each case subject to paragraph (g) below. 
 (b) If any asset (other than Real Property or improvements thereto
or any interest therein) that has an individual fair market value in an amount greater than $5.0 million is acquired by any Loan Party after the Closing Date or owned by an entity at the time it becomes a Loan Party (in each case other than
(x) assets constituting Collateral under a Security Document that become subject to the Lien of such Security Document upon acquisition thereof and (y) assets that are not required to become subject to Liens in favor of the Administrative
Agent pursuant to Section 5.10(g) or the Security Documents) (i) notify the Administrative Agent thereof and (ii) cause such asset to be subjected to a Lien securing the applicable Obligations and take, and cause the other Loan
Parties to take, such actions as shall be necessary or reasonably requested by the Administrative Agent to grant and, to the extent required under the applicable Security Documents, perfect such Liens, including actions described in
paragraph (a) of this Section, all at the expense of the Loan Parties, subject to paragraph (g) below. 
 (c) Promptly notify the
Administrative Agent of the acquisition of and grant and cause each of the Loan Parties to grant to the Administrative Agent security interests and mortgages in such Real Property of any Loan Parties as are not covered by the original Mortgages, to
the extent acquired after the Closing Date and having a value at the time of acquisition in excess of (i) in the case of Real Property located in the United States, $10.0 million, and (ii) in the case of Real Property located outside
the United States, $40.0 million, pursuant to documentation substantially in the form of the Mortgages delivered to the Administrative Agent on the Closing Date or in such other form as is reasonably satisfactory to the Administrative Agent (each,
an “Additional Mortgage”) and constituting valid and enforceable Liens subject to no other Liens except Permitted Liens, at the time of perfection thereof, record or file, and cause each such Subsidiary to record or file, the
Additional Mortgage or instruments related thereto in such manner and in such places as is required by law to 

  

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establish, perfect, preserve and protect the Liens in favor of the Administrative Agent required to be granted pursuant to the Additional Mortgages and pay,
and cause each such Subsidiary to pay, in full, all Taxes, fees and other charges payable in connection therewith, in each case subject to paragraph (g) below. Unless otherwise waived by the Administrative Agent, with respect to each such
Additional Mortgage, the applicable Subsidiary shall deliver to the Administrative Agent contemporaneously therewith a title insurance policy, and a survey. 
 (d) If any additional Subsidiary is formed or acquired after the Closing Date (with any Subsidiary Redesignation resulting in an Unrestricted Subsidiary becoming a Subsidiary being deemed to constitute the acquisition
of a Subsidiary), within five Business Days after the date such Subsidiary is formed or acquired, notify the Administrative Agent and the Lenders thereof and, within 20 Business Days after the date such Subsidiary is formed or acquired or such
longer period as required by applicable law or as the Administrative Agent shall agree, cause the Collateral and Guarantee Requirement to be satisfied with respect to such Subsidiary and with respect to any Equity Interest in or Indebtedness of such
Subsidiary owned by or on behalf of any Loan Party, in each case subject to paragraph (g) below. 
 (e) [Reserved] 
 (f) (i) Furnish to the Administrative Agent prompt written notice of any change (A) in any Loan Party’s corporate or organization name,
(B) in any Loan Party’s identity or organizational structure or (C) in any Loan Party’s organizational identification number; provided, that no Loan Party shall effect or permit any such change unless all filings have been
made, or will have been made within any statutory period, under the Uniform Commercial Code or otherwise that are required in order for the Administrative Agent to continue at all times following such change to have a valid, legal and perfected
security interest in all the Collateral for the benefit of the Secured Parties and (ii) promptly notify the Administrative Agent if any material portion of the Collateral is damaged or destroyed. 
 (g) The Collateral and Guarantee Requirement and the other provisions of this Section 5.10 need not be satisfied with respect to: 
 (i) any Real Property held by any of the Subsidiaries as a lessee under a lease, 
 (ii) any vehicle, 
 (iii) cash, deposit accounts and securities accounts, 
 (iv) any Equity Interests acquired after the Closing Date
(other than Equity Interests in any Borrower or, in the case of any person which is another Subsidiary, Equity Interests in such person issued or acquired after such person became a Subsidiary) in accordance with this Agreement if, and to the extent
that, and for so long as (A) such Equity Interests constitute less than 100% of all applicable Equity Interests of such person and the person holding the remainder of such Equity Interests are not Affiliates, (B) doing so would violate
applicable law or a contractual obligation binding on such Equity Interests and (C) with respect to contractual obligations, such obligation existed at the time of the acquisition thereof and was not created or made binding on such Equity
Interests in contemplation of or in connection with the acquisition of such Subsidiary, 
  

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 (v) any assets acquired after the Closing Date, to the extent that, and for so long as,
taking such actions would violate an enforceable contractual obligation binding on such assets that existed at the time of the acquisition thereof and was not created or made binding on such assets in contemplation or in connection with the
acquisition of such assets (except in the case of assets acquired with Indebtedness permitted pursuant to Section 6.01(i) that is secured by a Permitted Lien), 
 (vi) (A) entities that become Subsidiaries (with any Subsidiary Redesignation resulting in an Unrestricted Subsidiary being
designated as a Subsidiary being deemed to constitute the acquisition or formation of a Subsidiary) after the Closing Date if the Administrative Agent, after consultation with Intermediate Holdings, shall reasonably determine that the costs of
obtaining a guarantee of the applicable Obligations from such entities is excessive in relation to the value to be afforded to the Lenders thereby or (B) those assets as to which the Administrative Agent, after consultation with Intermediate
Holdings, shall reasonably determine that the costs of obtaining or perfecting a security interest in such assets are excessive in relation to the value of the security to be afforded thereby, in each case taking into account the costs and legal and
practical difficulties of obtaining such guarantees and security from Foreign Subsidiaries, including (x) the costs of obtaining such guarantee or security interest, or perfecting such security interest, in relation to the value of the credit
support to be afforded thereby, (y) general statutory limitations, financial assistance, corporate benefit, fraudulent preference, thin capitalization, retention of title claims and similar principles and (z) the fiduciary duties of
directors, contravention of legal prohibitions or risk of personal or criminal liability on the part of any officer, 
 (vii)
perfection of any security interest in Collateral to the extent such perfection (or the steps required to provide such perfection) would have a material adverse effect on the ability of the relevant Loan Party to conduct its operations and business
in the ordinary course as permitted by the Loan Documents, or 
 (viii) perfection of any security interest in receivables or
other Collateral to the extent such perfection would require notice to customers of Intermediate Holdings and the Subsidiaries prior to the time that an Event of Default has occurred and is continuing; or 
 provided, that, upon the reasonable request of the Administrative Agent, Intermediate Holdings shall, and shall cause any applicable Subsidiary to,
use commercially reasonable efforts to have waived or eliminated any contractual obligation of the types described in clauses (iv) and (v) above; and provided, further, that no Indebtedness (including Long-term Interest
Bearing Receivables) of Intermediate Holdings or any Subsidiary that is owing to any Loan Party other than the German Borrower shall be pledged to secure the Obligations of the German Borrower or any guarantees thereof. 
 SECTION 5.11. Rating. Exercise commercially reasonable efforts to cause the Facilities to be continuously rated by each of Moody’s and
S&P. 
  

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 SECTION 5.12. Compliance with Material Contracts. Perform and observe all of the terms and
conditions of each material agreement to be performed or observed by it, maintain each such material agreement in full force and effect, enforce each such material agreement in accordance with its terms, except where the failure to do so, either
individually or in the aggregate, would not be reasonably likely to have a Material Adverse Effect. 
 SECTION 5.13. Post-Closing
Matters. (a) On or prior to the date that is 90 Business Days after the Closing Date (or such later date as is acceptable to the Administrative Agent in its sole discretion), cause all the outstanding Equity Interests of Momentive
Performance Materials Italy Srl (“Momentive Italy”) to be pledged pursuant to a Foreign Pledge Agreement governed by Italian law (provided that no more than 65% of the outstanding voting equity interests of Momentive Italy
shall be pledged to secure the Domestic Obligations). 
 (b) On or prior to the date that is 150 days after the Closing Date (or such later
date as is acceptable to the Administrative Agent in its sole discretion), (i) cause GE Bayer Silicones Verwaltungs GmbH to withdraw its interest in GE Bayer Silicones GmbH & Co. KG (with the result that all assets owned by GE Bayer
Silicones GmbH & Co. KG shall become wholly owned by General Electric Plastics GmbH by operation of law) and (ii) consummate the mergers of (A) GE Bayer Silicones Verwaltungs GmbH into General Electric Plastics GmbH, with General
Electric Plastics GmbH surviving such merger, and (B) General Electric Plastics GmbH into the German Borrower, with the German Borrower surviving such merger, or consummate other transactions or series of transactions reasonably satisfactory to
the Administrative Agent with the result that substantially all the assets owned by the foregoing entities become directly owned by the German Borrower. 
 (c) If at any time after the Closing Date Intermediate Holdings and the Subsidiaries shall consummate (i)(A) the merger of Ohta Chemical Co. Ltd. (“Ohta”) into GE Toshiba Silicones Co. Ltd.
(“GETOS”), with GETOS surviving such merger, or (B) the conversion or merger of Ohta into a “GK” under Japanese law and (ii)(A) the merger of GE Specialty Materials Japan Co. Ltd. (“GESM”) into
Japan Acquisition Co., with Japan Acquisition Co. surviving such merger, or (B) the conversion or merger of GESM into a “GK” under Japanese law, cause any Equity Interests in GETOS, GESM, Ohta or Japan Acquisition Co. not then subject
to the Liens under the Loan Documents to become subject to such Liens under an applicable Security Document. 
 (d) If the Administrative
Agent so requests after application of the criteria set forth in Section 5.10(g), use commercially reasonable efforts to (i) fulfill all consultation obligations of GE Bayer Silicones BV (“GEBS BV”) in respect of any works
council that are required to be fulfilled under the laws of the Netherlands in connection with GEBS BV becoming a Loan Party and satisfying the Collateral and Guarantee Requirement and (ii) cause GEBS BV to become a Loan Party 
 (e) Use commercially reasonable efforts (i) to cause each of GE Toshiba Silicones Asia Pacific Pte. Ltd., Nautilus Pacific Two Pte. Ltd., TA Holding
Pte. Ltd. and Nautilus Pacific Four Pte. Ltd. (each, a “Singapore Subsidiary”) to obtain all approvals and consents that are (or are reasonably believed by the Board of Directors of such Singapore Subsidiary to be) required to be
obtained under the laws of Singapore in connection with each of 

  

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(A) such Singapore Subsidiary and (B) GE Toshiba Silicones Co. Ltd. (the “Hong Kong Subsidiary”) becoming a Loan Party and
satisfying the Collateral and Guarantee Requirement and (ii) to cause each Singapore Subsidiary and the Hong Kong Subsidiary to become a Loan Party. 
 (f) On or prior to the date that is 10 Business Days after the Closing Date, cause to be delivered to the Administrative Agent share certificates representing 65% of the outstanding voting equity interests of Japan
Acquisition Co. 
 (g) On or prior to the date that is 45 days after the Closing Date (or such later date as is acceptable to the
Administrative Agent in its sole discretion) (i) deliver to the Administrative Agent a copy of Schedule III to the U.S. Collateral Agreement and (ii) cause one or more Intellectual Property Security Agreements (as defined in the U.S.
Collateral Agreement) containing a description of all material Intellectual Property with respect to United States Patents (and Patents for which United States registration applications are pending), United States registered Trademarks (and
Trademarks for which United States registration applications are pending) and United States registered Copyrights (and Copyrights for which United States registration applications are pending) to be executed and delivered to the Administrative Agent
for recording with the United States Patent and Trademark Office and the United States Copyright Office, as applicable, as reasonably requested by the Administrative Agent, to protect the validity of and to establish a legal, valid and perfected
security interest in favor of the Administrative Agent in such Collateral. 
 (h) On or prior to the date that is 45 days after the Closing
Date (or such later date as is acceptable to the Administrative Agent in its sole discretion) (i) deliver or cause to be delivered to the Administrative Agent all information reasonably requested by the Administrative Agent with respect to the
accounts receivable, insurance and intercompany loans (collectively, the “German Receivables”) owned by the German Borrower or any of the German Guarantors (as defined in the Guarantee Agreement) and (ii) cause one or more
Foreign Collateral Agreements to be executed and delivered to the Administrative Agent, as reasonably requested by the Administrative Agent, in each case containing a description of the applicable German Receivables in sufficient detail to establish
a legal, valid and perfected security interest in favor of the Administrative Agent in such assets. 
 ARTICLE VI 
 Negative Covenants 
 Each of
Intermediate Holdings and each Borrower covenants and agrees with (i) in the case of Section 6.11, each Lender under the Revolving Credit Facility and (ii) in the case of all Sections of this Article VI other than Section 6.11,
each Lender that until the Commitments have been terminated or have expired and the Obligations (including principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document) have been paid in full
(other than contingent amounts not yet due) and all Letters of Credit have been canceled or have expired (or have been cash collateralized on terms reasonably satisfactory to the 

  

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Administrative Agent) and all amounts drawn or paid thereunder have been reimbursed in full, unless (x) in the case of Section 6.11, the Majority
Lenders under the Revolving Credit Facility and (y) in the case of all Sections of this Article VI other than Section 6.11, the Required Lenders shall otherwise consent in writing, such person will not, and will not permit any of the
Material Subsidiaries to: 
 SECTION 6.01. Indebtedness. Incur, create, assume or permit to exist any Indebtedness, except: 

(a) Indebtedness existing on the Closing Date and set forth on Schedule 6.01 and any Permitted Refinancing Indebtedness incurred
to Refinance such Indebtedness (other than intercompany indebtedness Refinanced with Indebtedness owed to a person not an Affiliate of any Subsidiary); 
 (b) Indebtedness created hereunder and under the other Loan Documents and any Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness; 
 (c) Indebtedness pursuant to Swap Agreements; 
 (d) Indebtedness of Intermediate Holdings or any Subsidiary owed to (including obligations in respect of letters of credit or bank
guarantees or similar instruments for the benefit of) any person providing workers’ compensation, health, disability or other employee benefits or property, casualty or liability insurance to Intermediate Holdings or any Subsidiary, pursuant to
reimbursement or indemnification obligations to such person, in each case in the ordinary course of business; provided, that upon the incurrence of Indebtedness with respect to reimbursement obligations regarding workers’ compensation
claims, such obligations are reimbursed not later than 30 days following such incurrence; 
 (e) Indebtedness of Intermediate
Holdings or any Subsidiary to Intermediate Holdings or any other Subsidiary; provided, that, other than in the case of intercompany current liabilities incurred in the ordinary course of business in connection with the cash management
operations of Intermediate Holdings and the Subsidiaries to finance working capital needs of the Subsidiaries, (i) Indebtedness of any Subsidiary that is not a Loan Party owing to the Loan Parties shall be subject to Section 6.04(b) and
(ii) Indebtedness of any Borrower to Intermediate Holdings or any Subsidiary and Indebtedness of any other Loan Party to Intermediate Holdings or any Subsidiary that is not a Loan Party (the “Subordinated Intercompany Debt”)
shall, if legally permissible, be subordinated to the Obligations and the Guarantees of the Obligations on terms reasonably satisfactory to the Administrative Agent; 
 (f) Indebtedness of Intermediate Holdings or any Subsidiary in respect of performance bonds, bid bonds, appeal bonds, surety bonds and
completion guarantees and similar obligations, in each case provided in the ordinary course of business, including those incurred to secure health, safety and environmental obligations in the ordinary course of business; 
  

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 (g) Indebtedness arising from the honoring by a bank or other financial institution of a
check, draft or similar instrument drawn against insufficient funds in the ordinary course of business or other cash management services in the ordinary course of business; provided, that (x) such Indebtedness (other than credit or
purchase cards) is extinguished within ten Business Days of notification to Intermediate Holdings or the applicable Subsidiary of its incurrence and (y) such Indebtedness in respect of credit or purchase cards is extinguished within
60 days from its incurrence; 
 (h) (i) Indebtedness of a Subsidiary acquired after the Closing Date or an entity
merged into or consolidated or amalgamated with Intermediate Holdings or any Subsidiary after the Closing Date and Indebtedness assumed in connection with the acquisition of assets, which Indebtedness in each case exists at the time of such
acquisition, merger or consolidation and is not created in contemplation of such event and where such acquisition, merger, amalgamation or consolidation is permitted by this Agreement and (ii) any Permitted Refinancing Indebtedness incurred to
Refinance such Indebtedness; provided, (A) no Default or Event of Default shall have occurred and be continuing or would result therefrom, and (B) immediately after giving effect to such acquisition, merger, amalgamation or
consolidation, the assumption and incurrence of any Indebtedness and any related transactions, the Senior Secured Leverage Ratio on a Pro Forma Basis shall not be greater than 3.75 to 1.00; 
 (i) Capital Lease Obligations, mortgage financings and purchase money Indebtedness incurred by Intermediate Holdings or any Subsidiary
prior to or within 270 days after any acquisition, lease or improvement otherwise permitted under this Agreement in order to finance such acquisition or improvement, and any Permitted Refinancing Indebtedness in respect thereof, in an aggregate
principal amount outstanding that at the time of, and after giving effect to, the incurrence thereof, together with the Remaining Present Value of outstanding leases permitted under Section 6.03, would not exceed the greater of
$225.0 million and 5.0% of Consolidated Total Assets as of the end of the most recent fiscal quarter immediately prior to the date of such incurrence for which financial statements have been delivered pursuant to Section 5.04; 

(j) Capital Lease Obligations incurred by Intermediate Holdings or any Subsidiary in respect of any Sale and Lease-Back Transaction
that is permitted under Section 6.03 and any Permitted Refinancing Indebtedness in respect thereof; 
 (k) other
Indebtedness of Intermediate Holdings or any Subsidiary, in an aggregate principal amount outstanding that at the time of, and after giving effect to, the incurrence thereof, would not exceed the greater of $225.0 million and 5.0% of Consolidated
Total Assets as of the end of the fiscal quarter immediately prior to the date of such incurrence for which financial statements have been delivered pursuant to Section 5.04; 
 (l) Indebtedness of Intermediate Holdings pursuant to (i) the Senior Unsecured Notes, in an aggregate principal amount outstanding
that is not in excess of $1,355,000,000, (ii) the Senior Subordinated Notes in an aggregate principal amount 

  

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outstanding that is not in excess of $595,000,000 and (iii) any Permitted Refinancing Indebtedness incurred to Refinance any such Indebtedness;

 (m) Guarantees (i) by Intermediate Holdings or any of the Subsidiary Loan Parties of the Indebtedness described in
paragraph (l) of this Section 6.01, so long as any Guarantee of the Senior Subordinated Notes or any Permitted Refinancing Indebtedness in respect thereof is subordinated to the Obligations and Guarantees of the Obligations substantially
on terms as set forth in the Senior Subordinated Notes Indenture with respect to the Senior Subordinated Notes, (ii) by Intermediate Holdings any Borrower or any Subsidiary Loan Party of any Indebtedness of any Borrower or any Subsidiary Loan
Party permitted to be incurred under this Agreement (provided that any Borrower or Subsidiary Loan Party that provides a guarantee of the Notes shall also provide a guarantee of the Obligations), (iii) by Intermediate Holdings, any
Borrower or any Subsidiary Loan Party of Indebtedness otherwise permitted hereunder of Intermediate Holdings or any Subsidiary that is not a Subsidiary Loan Party to the extent such Guarantees are permitted by Section 6.04 (other than
Section 6.04(v)), (iv) by any Subsidiary that is not a Loan Party of Indebtedness of another Subsidiary that is not a Loan Party, and (v) by any Subsidiary of Indebtedness of Subsidiaries that are not Loan Parties incurred for working
capital purposes in the ordinary course of business on ordinary business terms so long as such Indebtedness is permitted to be incurred under Section 6.01(s) or 6.01(w) to the extent such Guarantees are permitted by Section 6.04 (other
than Section 6.04(v)); provided, that Guarantees by any Loan Party under this Section 6.01(m) of any other Indebtedness of a person that is subordinated to other Indebtedness of such person shall be expressly subordinated to the
Obligations and the Guarantees of the Obligations to at least the same extent as the Guarantee of the Senior Subordinated Notes is subordinated to the Obligations pursuant to the Senior Subordinated Notes Indenture; 
 (n) Indebtedness arising from agreements of Intermediate Holdings or any Subsidiary providing for indemnification, adjustment of purchase
or acquisition price or similar obligations, in each case, incurred or assumed in connection with the Transactions and any Permitted Business Acquisition or the disposition of any business, assets or any Subsidiary not prohibited by this Agreement,
other than Guarantees of Indebtedness incurred by any person acquiring all or any portion of such business, assets or any Subsidiary for the purpose of financing such acquisition; 
 (o) Indebtedness in respect of letters of credit, bank guarantees, warehouse receipts or similar instruments issued to support performance
obligations and trade letters of credit (other than obligations in respect of other Indebtedness) in the ordinary course of business; 
 (p) Indebtedness of Intermediate Holdings or any Subsidiary supported by a Letter of Credit, in a principal amount not in excess of the stated amount of such Letter of Credit; 
  

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 (q) Indebtedness consisting of (i) the financing of insurance premiums or
(ii) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary course of business; 
 (r) (i) other Indebtedness incurred by Intermediate Holdings, any Borrower or any Subsidiary Loan Party; provided that (A) at the time of the incurrence of such Indebtedness and after giving effect thereto, no Default or
Event of Default shall have occurred and be continuing or would result therefrom and (B) immediately after giving effect to the issuance, incurrence or assumption of such Indebtedness, the Senior Secured Leverage Ratio on a Pro Forma Basis
shall not be greater than 3.75 to 1.00 and (ii) Permitted Refinancing Indebtedness in respect thereof; 
 (s)
Indebtedness of Subsidiaries that are not Loan Parties; provided that the aggregate amount of Indebtedness outstanding under this clause (s) shall not exceed the greater of $90.0 million and 10.0% of the consolidated assets of the
Subsidiaries that are not Loan Parties, measured at the time of such incurrence; 
 (t) unsecured Indebtedness in respect of
obligations of Intermediate Holdings or any Subsidiary to pay the deferred purchase price of goods or services or progress payments in connection with such goods and services; provided, that such obligations are incurred in connection with
open accounts extended by suppliers on customary trade terms (which require that all such payments be made within 60 days after the incurrence of the related obligations) in the ordinary course of business and not in connection with the borrowing of
money or any Swap Agreements; 
 (u) Indebtedness representing deferred compensation to employees of Intermediate Holdings or
any Subsidiary incurred in the ordinary course of business; 
 (v) Indebtedness in connection with Permitted Receivables
Financings; 
 (w) Indebtedness of Intermediate Holdings or any Subsidiary incurred (i) under cash management services
(including, but not limited to, intraday, ACH and purchasing card/T&E services) and (ii) under lines of credit or overdraft facilities extended by one or more financial institutions reasonably acceptable to the Administrative Agent or by
one or more of the Lenders and (in each case) established for the Subsidiaries’ ordinary course of operations (such Indebtedness, the “Overdraft Line”), which Overdraft Line may be secured as, but only to the extent permitted
by Section 6.02(b) and the Security Documents; 
 (x) Indebtedness incurred on behalf of, or representing Guarantees of
Indebtedness of, joint ventures not in excess, at any one time outstanding, of the greater of $225.0 million or 5.0% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such incurrence for which
financial statements have been delivered pursuant to Section 5.04; 
 (y) Indebtedness consisting of promissory notes
issued by Intermediate Holdings or any Subsidiary to current or former officers, directors and employees, their 

  

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respective estates, spouses or former spouses to finance the purchase or redemption of Equity Interests of Intermediate Holdings or any Parent Entity
permitted by Section 6.06; 
 (z) Indebtedness consisting of obligations of Intermediate Holdings or any Subsidiary under
deferred compensation or other similar arrangements incurred by such person in connection with the Transactions and Permitted Business Acquisitions or any other Investment permitted hereunder; and 
 (aa) all premium (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on
obligations described in paragraphs (a) through (z) above. 
 SECTION 6.02. Liens. Create, incur, assume or permit to exist
any Lien on any property or assets (including stock or other securities of any person, including any Subsidiary) at the time owned by it or on any income or revenues or rights in respect of any thereof, except the following (collectively,
“Permitted Liens”): 
 (a) Liens on property or assets of Intermediate Holdings or any Subsidiary existing on
the Closing Date and set forth on Schedule 6.02(a) or, to the extent not listed in such Schedule, where such property or assets have a fair market value that does not exceed $10.0 million in the aggregate, and any modifications, replacements,
renewals or extensions thereof; provided, that such Liens shall secure only those obligations that they secure on the Closing Date (and any Permitted Refinancing Indebtedness in respect of such obligations permitted by Section 6.01(a))
and shall not subsequently apply to any other property or assets of Intermediate Holdings or any Subsidiary other than (A) after-acquired property that is affixed or incorporated into the property covered by such Lien on the Closing Date, and
(B) proceeds and products thereof; 
 (b) any Lien created under the Loan Documents or permitted in respect of any
Mortgaged Property by the terms of the applicable Mortgage; provided, however, in no event shall the holders of the Indebtedness under the Overdraft Line have the right to receive proceeds in respect of a claim in excess of $25.0
million in the aggregate (plus (A) any accrued and unpaid interest in respect of Indebtedness incurred by Intermediate Holdings or any Subsidiary under the Overdraft Line and (B) any accrued and unpaid fees and expenses owing by
Intermediate Holdings or any Subsidiary under the Overdraft Line) from the enforcement of any remedies available to the Secured Parties under all the Loan Documents; 
 (c) any Lien on any property or asset of Intermediate Holdings or any Subsidiary securing Indebtedness or Permitted Refinancing
Indebtedness permitted by Section 6.01(h); provided, that such Lien (i) does not apply to any property or assets of Intermediate Holdings or any of the Subsidiaries other than property securing such Indebtedness at the date of the
acquisition of such property or asset (other than after acquired property subjected to a Lien securing Indebtedness and other obligations incurred prior to such date and which Indebtedness and other obligations are permitted hereunder that require a
pledge of after acquired property, it being understood that such requirement shall not be permitted to apply to any property to which such requirement 

  

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would not have applied but for such acquisition) and (ii) such Lien is not created in contemplation of or in connection with such acquisition;

 (d) Liens for Taxes, assessments or other governmental charges or levies not yet delinquent or that are being contested in
compliance with Section 5.03; 
 (e) Liens imposed by law, such as landlord’s, carriers’, warehousemen’s,
mechanics’, materialmen’s, repairmen’s, construction or other like Liens arising in the ordinary course of business and securing obligations that are not overdue by more than 30 days or that are being contested in good faith by
appropriate proceedings and in respect of which, if applicable, Intermediate Holdings or any Subsidiary shall have set aside on its books reserves in accordance with GAAP; 
 (f) (i) pledges and deposits and other Liens made in the ordinary course of business in compliance with the Federal Employers
Liability Act or any other workers’ compensation, unemployment insurance and other social security laws or regulations and deposits securing liability to insurance carriers under insurance or self-insurance arrangements in respect of such
obligations and (ii) pledges and deposits and other Liens securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit or bank guarantees for the benefit of) insurance carriers
providing property, casualty or liability insurance to Intermediate Holdings or any Subsidiary; 
 (g) deposits to secure the
performance of bids, trade contracts (other than for Indebtedness), leases (other than Capital Lease Obligations), statutory obligations, surety and appeal bonds, performance and return of money bonds, bids, leases, government contracts, trade
contracts, agreements with utilities, and other obligations of a like nature (including letters of credit in lieu of any such bonds or to support the issuance thereof) incurred in the ordinary course of business, including those incurred to secure
health, safety and environmental obligations in the ordinary course of business; 
 (h) zoning restrictions, survey exceptions
and such matters as an accurate survey would disclose, easements, trackage rights, leases (other than Capital Lease Obligations), licenses, special assessments, rights-of-way, covenants, conditions, restrictions and declaration on or with respect to
the use of Real Property, servicing agreements, development agreements, site plan agreements and other similar encumbrances incurred in the ordinary course of business and title defects or irregularities that are of a minor nature and that in the
aggregate, do not interfere in any material respect with the ordinary conduct of the business of any Subsidiary; 
 (i) Liens
securing Indebtedness permitted by Section 6.01(i) (limited to the assets subject to such Indebtedness); 
 (j) Liens
arising out of capitalized lease transactions permitted under Section 6.03, so long as such Liens attach only to the property sold and being leased in such transaction and any accessions thereto or proceeds thereof; 
  

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 (k) Liens securing judgments that do not constitute an Event of Default under
Section 7.01(j); 
 (l) Liens disclosed by the title insurance policies delivered on or subsequent to the Closing Date
and pursuant to Section 5.10 and any replacement, extension or renewal of any such Lien; provided, that such replacement, extension or renewal Lien shall not cover any property other than the property that was subject to such Lien prior
to such replacement, extension or renewal; provided, further, that the Indebtedness and other obligations secured by such replacement, extension or renewal Lien are permitted by this Agreement; 
 (m) any interest or title of a lessor or sublessor under any leases or subleases entered into by Intermediate Holdings or any Subsidiary
in the ordinary course of business; 
 (n) Liens that are contractual rights of set-off (i) relating to the establishment
of depository relations with banks not given in connection with the issuance of Indebtedness, (ii) relating to pooled deposit or sweep accounts of Intermediate Holdings or any Subsidiary to permit satisfaction of overdraft or similar
obligations incurred in the ordinary course of business of Intermediate Holdings or any Subsidiary or (iii) relating to purchase orders and other agreements entered into with customers of Intermediate Holdings or any Subsidiary in the ordinary
course of business; 
 (o) Liens arising solely by virtue of any statutory or common law provision relating to banker’s
liens, rights of set-off or similar rights; 
 (p) Liens securing obligations in respect of trade-related letters of credit or
trade-related bank guarantees permitted under Section 6.01(f), (k) or (o) and covering the goods (or the documents of title in respect of such goods) financed by such letters of credit or bank guarantees and the proceeds and products
thereof; 
 (q) leases or subleases, licenses or sublicenses (including with respect to intellectual property and software)
granted to others in the ordinary course of business not interfering in any material respect with the business of Intermediate Holdings and the Subsidiaries, taken as a whole; 
 (r) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with
the importation of goods; 
 (s) Liens solely on any cash earnest money deposits made by Intermediate Holdings or any of the
Subsidiaries in connection with any letter of intent or purchase agreement in respect of any Investment permitted hereunder; 
 (t) Liens with respect to property or assets of any Subsidiary that is not a Loan Party securing Indebtedness of a Subsidiary that is not a Loan Party permitted under Section 6.01; 
  

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 (u) other Liens with respect to property or assets of Intermediate Holdings or any
Subsidiary; provided that (i) after giving effect to any such Lien and the incurrence of Indebtedness, if any, secured by such Lien on a Pro Forma Basis, the Senior Secured Leverage Ratio on the last day of Intermediate Holdings’s
then most recently completed fiscal quarter for which financial statements are available shall be less than or equal to 3.75 to 1.00, (ii) at the time of the incurrence of such Lien and after giving effect thereto, no Default or Event of
Default shall have occurred and be continuing or would result therefrom, (iii) the Indebtedness or other obligations secured by such Lien are otherwise permitted by this Agreement, (iv) if such Liens are on the Collateral, such Liens on
the Collateral are subordinated to the Liens granted under the Loan Documents and (v) to the extent such Liens are subordinated to the Liens granted under the Loan Documents, an intercreditor agreement reasonably satisfactory to the
Administrative Agent shall be entered into providing that such new liens will be subordinated to the Liens granted under the Loan Documents on customary terms; 
 (v) the prior rights of consignees and their lenders under consignment arrangements entered into in the ordinary course of business;

 (w) Liens arising from precautionary Uniform Commercial Code financing statements or consignments entered into in
connection with any transaction otherwise permitted under this Agreement; 
 (x) Liens on Equity Interests in joint ventures
securing obligations of such joint venture; 
 (y) Liens on securities that are the subject of repurchase agreements
constituting Permitted Investments under clause (c) of the definition thereof; 
 (z) Liens in respect of Permitted
Receivables Financings that extend only to the receivables subject thereto; 
 (aa) Liens on goods or inventory the purchase,
shipment or storage price of which is financed by a documentary letter of credit, bank guarantee or bankers’ acceptance issued or created for the account of Intermediate Holdings or any Subsidiary in the ordinary course of business;
provided, that such Lien secures only the obligations of Intermediate Holdings or such Subsidiary, as applicable, in respect of such letter of credit or bank guarantee to the extent permitted under Section 6.01 (other than
Section 6.01(k)); 
 (bb) Liens securing insurance premiums financing arrangements, provided, that such Liens are
limited to the applicable unearned insurance premiums; 
 (cc) Liens in favor of Intermediate Holdings, any Borrower or any
Subsidiary Loan Party; provided that if any such Lien shall cover any Collateral, the holder of such Lien shall execute and deliver to the Administrative Agent a subordination agreement in form and substance reasonably satisfactory to the
Administrative Agent; 
  

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 (dd) Liens on not more than $20.0 million of deposits securing Swap Agreements; and

 (ee) other Liens with respect to property or assets of Intermediate Holdings or any Subsidiary securing obligations in an
aggregate principal amount outstanding at any time not to exceed $15.0 million. 
 SECTION 6.03. Sale and Lease-Back Transactions.
Enter into any arrangement, directly or indirectly, with any person whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property
or other property that it intends to use for substantially the same purpose or purposes as the property being sold or transferred (a “Sale and Lease-Back Transaction”); provided, that a Sale and Lease-Back Transaction shall
be permitted (a) with respect to property (i) owned by Intermediate Holdings, any Borrower or any Subsidiary Loan Party that is acquired after the Closing Date so long as such Sale and Lease-Back Transaction is consummated within 180 days
of the acquisition of such property or (ii) owned by any Subsidiary that is not a Loan Party regardless of when such property was acquired, and (b) with respect to any property owned by Intermediate Holdings, any Borrower or any Subsidiary
Loan Party, (i) if at the time the lease in connection therewith is entered into, and after giving effect to the entering into of such lease, the Remaining Present Value of such lease, together with Indebtedness outstanding pursuant to
Section 6.01(i) and the Remaining Present Value of outstanding leases previously entered into under this Section 6.03(b), would not exceed the greater of $225.0 million and 5.0% of Consolidated Total Assets as of the end of the most
recent fiscal quarter immediately prior to the date the lease was entered into for which financial statements have been delivered pursuant to Section 5.04 and (ii) if such Sale and Lease-Back Transaction is of property owned by any Loan
Party as of the Closing Date, the Net Proceeds therefrom are used to prepay the Term Loans to the extent required by Section 2.11(b). 
 SECTION 6.04. Investments, Loans and Advances. Purchase, hold or acquire (including pursuant to any merger or amalgamation with a person that is not a Wholly Owned Subsidiary immediately prior to such merger or amalgamation) any
Equity Interests, evidences of Indebtedness or other securities of, make or permit to exist any loans or advances to or Guarantees of the obligations of, or make or permit to exist any investment or any other interest in (each, an
“Investment”), any other person, except: 
 (a) the Transactions; 
 (b) (i) Investments by Intermediate Holdings or any Subsidiary in the Equity Interests of any Subsidiary; (ii) intercompany
loans from Intermediate Holdings or any Subsidiary to Intermediate Holdings or any Subsidiary; and (iii) Guarantees by any Loan Party of Indebtedness otherwise permitted hereunder of Intermediate Holdings or any Subsidiary; provided,
that the sum of (A) Investments (valued at the time of the making thereof and without giving effect to any write-downs or write-offs thereof) made after the Closing Date by the Loan Parties pursuant to clause (i) in Subsidiaries that are
not Subsidiary Loan Parties, plus (B) the net amount outstanding in respect of intercompany loans made after the Closing Date by Loan Parties to Subsidiaries that are not Subsidiary Loan Parties pursuant to clause (ii), plus
(C) the aggregate outstanding amount of 

  

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Guarantees of Indebtedness after the Closing Date by Loan Parties of Subsidiaries that are not Subsidiary Loan Parties pursuant to clause (iii) (other
than Guarantees by Loan Parties of the obligations under Guaranteed Swap Agreements of Subsidiaries that are not Subsidiary Loan Parties), shall not exceed an aggregate amount equal to (x) the greater of (1) $202.5 million and
(2) 4.50% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such Investment for which financial statements have been delivered pursuant to Section 5.04 (plus any return of capital
actually received by the respective investors in respect of Investments theretofore made by them pursuant to this paragraph (b)); plus (y) the portion, if any, of the Cumulative Credit on the date of such election that Intermediate
Holdings elects to apply to this Section 6.04(b)(y); provided, further, that intercompany current liabilities incurred in the ordinary course of business in connection with the cash management operations of Intermediate Holdings
or any of the Subsidiaries shall not be included in calculating the limitation in this paragraph at any time; 
 (c) Permitted
Investments and Investments that were Permitted Investments when made; 
 (d) Investments arising out of the receipt of
noncash consideration for the sale of assets permitted under Section 6.05; 
 (e) loans and advances to officers,
directors, employees or consultants of Intermediate Holdings or any Subsidiary (i) in the ordinary course of business not to exceed $25.0 million in the aggregate at any time outstanding (calculated without regard to write downs or write
offs thereof), (ii) in respect of payroll payments and expenses in the ordinary course of business and (iii) in connection with such person’s purchase of Equity Interests of Holdings (or any Parent Entity) solely to the extent that
the amount of such loans and advances shall be contributed to Intermediate Holdings or such Subsidiary in cash as common equity; 
 (f) accounts receivable, security deposits and prepayments arising and trade credit granted in the ordinary course of business and any assets or securities received in satisfaction or partial satisfaction thereof from financially troubled
account debtors to the extent reasonably necessary in order to prevent or limit loss and any prepayments and other credits to suppliers made in the ordinary course of business; 
 (g) Swap Agreements; 
 (h) Investments existing on, or contractually committed as of, the Closing Date and set forth on Schedule 6.04 and any extensions, renewals or reinvestments thereof, so long as the aggregate amount of all Investments pursuant to
this clause (h) (calculated without regard to write-downs or write-offs) is not increased at any time above the amount of such Investments existing or committed on the Closing Date (other than pursuant to an increase as required by the terms of
any such Investment as in existence on the Closing Date); 
  

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 (i) Investments resulting from pledges and deposits under Sections 6.02(f), (g),
(k), (r), (s), (u) and (ee); 
 (j) other Investments by Intermediate Holdings or any Subsidiary in an aggregate amount
(valued at the time of the making thereof, and without giving effect to any write-downs or write-offs thereof) not to exceed (i) the greater of $225.0 million and 5.0% of Consolidated Total Assets as of the end of the fiscal quarter immediately
prior to the date of such incurrence for which financial statements have been delivered pursuant to Section 5.04 (plus any returns of capital actually received by the respective investor in respect of investments theretofore made by it
pursuant to this paragraph (j), other than amounts included in the Cumulative Credit) plus (ii) the portion, if any, of the Cumulative Credit on the date of such election that Intermediate Holdings elects to apply to this
Section 6.04(j)(ii); provided that if any Investment pursuant to this clause (j) is made in any person that is not a Subsidiary at the date of the making of such Investment and such person becomes a Subsidiary after such date, such
Investment shall thereafter be deemed to have been made pursuant to clause (b) above to the extent then permitted under such clause (b) and shall cease to have been made pursuant to this clause (j) for so long as such person continues
to be a Subsidiary; 
 (k) Investments constituting Permitted Business Acquisitions; 
 (l) intercompany loans between Subsidiaries that are not Loan Parties and Guarantees by Subsidiaries that are not Loan Parties permitted
by Section 6.01(m); 
 (m) Investments received in connection with the bankruptcy or reorganization of, or settlement of
delinquent accounts and disputes with or judgments against, customers and suppliers, in each case in the ordinary course of business or Investments acquired by Intermediate Holdings or any Subsidiary as a result of a foreclosure by Intermediate
Holdings or such Subsidiary, as applicable, with respect to any secured Investments or other transfer of title with respect to any secured Investment in default; 
 (n) Investments of a Subsidiary that is acquired after the Closing Date or of an entity merged into or consolidated with Intermediate
Holdings or a Subsidiary after the Closing Date, in each case, (i) to the extent the acquisition of such Subsidiary or such merger or consolidation, as applicable, is permitted under this Section 6.04 and, in the case of any merger or
consolidation, permitted under Section 6.05 and (ii) to the extent that such Investments were not made in contemplation of or in connection with such acquisition, merger or consolidation and were in existence on the date of such
acquisition, merger or consolidation; 
 (o) acquisitions by any Loan Party of obligations of one or more officers or other
employees of Intermediate Holdings, Holdings, any Parent Entity, such Loan Party or its subsidiaries in connection with such officer’s or employee’s acquisition of Equity Interests of Holdings or any Parent Entity, so long as no cash is
actually advanced by any Borrower or any of the Subsidiaries to such officers or employees in connection with the acquisition of any such obligations; 
  

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 (p) Guarantees by Intermediate Holdings or any Subsidiary of operating leases (other than
Capital Lease Obligations) or of other obligations that do not constitute Indebtedness, in each case entered into by Intermediate Holdings or any Subsidiary in the ordinary course of business; 
 (q) Investments to the extent that payment for such Investments is made with Equity Interests of Holdings (or any Parent Entity);

 (r) Investments in the equity interests of one or more newly formed persons that are received in consideration of the
contribution by Intermediate Holdings, any Borrower or the applicable Subsidiary Loan Party of assets (including Equity Interests and cash) to such person or persons; provided, that (i) the fair market value of such assets, determined on
an arms’-length basis, so contributed pursuant to this paragraph (r) shall not in the aggregate exceed $20.0 million and (ii) in respect of each such contribution, a Responsible Officer of Intermediate Holdings shall certify, in a
form to be agreed upon by Intermediate Holdings and the Administrative Agent (x) after giving effect to such contribution, no Default or Event of Default shall have occurred and be continuing, (y) the fair market value of the assets so
contributed and (z) that the requirements of paragraph (i) of this proviso remain satisfied; 
 (s) Investments
consisting of the redemption, purchase, repurchase or retirement of any Equity Interests permitted under Section 6.06; 
 (t) Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit and Uniform Commercial Code Article 4 customary trade arrangements with customers consistent with past
practices; 
 (u) Investments in Subsidiaries that are not Loan Parties not to exceed the greater of $90.0 million and 2.0% of
Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such Investment for which financial statements have been delivered pursuant to Section 5.04 (plus an amount equal to any return of capital actually
received in respect of Investments theretofore made pursuant to this paragraph (u) (which amount shall not exceed the amount of such Investment valued at cost at the time such Investment was made)), in the aggregate, as valued at the fair
market value of such Investment at the time such Investment is made; 
 (v) Guarantees permitted under Section 6.01
(except to the extent such Guarantee is expressly subject to Section 6.04); 
 (w) advances in the form of a prepayment
of expenses, so long as such expenses are being paid in accordance with customary trade terms of the applicable Subsidiary; 
 (x) Investments by Intermediate Holdings or any of the Subsidiaries, including loans to any direct or indirect parent of Intermediate Holdings or such Subsidiary, if Intermediate Holdings, such Subsidiary or any other Subsidiary would
otherwise be permitted to make a dividend or distribution in such amount (provided that 

  

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the amount of any such investment shall also be deemed to be a distribution under the appropriate clause of Section 6.06 for all purposes of this
Agreement); 
 (y) Investments arising as a result of Permitted Receivables Financings; 
 (z) Investments consisting of the licensing or contribution of intellectual property pursuant to joint marketing arrangements with other
persons; 
 (aa) purchases and acquisitions of inventory, supplies, materials and equipment or purchases of contract rights or
licenses or leases of intellectual property in each case in the ordinary course of business, to the extent such purchases and acquisitions constitute Investments; 
 (bb) Investments received substantially contemporaneously in exchange for Equity Interests of Holdings or any Parent Entity;
provided that such Investments are not included in any determination of the Cumulative Credit; and 
 (cc) Investments
in joint ventures not in excess of 2.0% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such Investment for which financial statements have been delivered pursuant to Section 5.04, in the
aggregate; provided that if any Investment pursuant to this clause (cc) is made in any person that is not a Subsidiary of the Borrower at the date of the making of such Investment and such person becomes a Subsidiary of the Borrower after
such date, such Investment shall thereafter be deemed to have been made pursuant to clause (b) above to the extent then permitted under such clause (b) and shall cease to have been made pursuant to this clause (cc) for so long as such
person continues to be a Subsidiary of the Borrower. 
 The amount of Investments that may be made at any time pursuant to Section 6.04(b) or 6.04(j)
(such Sections, the “Related Sections”) may, at the election of Intermediate Holdings, be increased by the amount of Investments that could be made at such time under the other Related Section; provided that the amount of
each such increase in respect of one Related Section shall be treated as having been used under the other Related Section. 
 SECTION
6.05. Mergers, Amalgamations, Consolidations, Sales of Assets and Acquisitions. Merge into or consolidate or amalgamate with any other person, or permit any other person to merge into or consolidate or amalgamate with it, or sell, transfer,
lease or otherwise dispose of (in one transaction or in a series of transactions) all or any part of its assets (whether now owned or hereafter acquired), or issue, sell, transfer or otherwise dispose of any Equity Interests of any Subsidiary, or
purchase, lease or otherwise acquire (in one transaction or a series of transactions) all or any substantial part of the assets of any other person or any division, unit or business of any person, except that this Section shall not prohibit:

 (a) (i) the purchase and sale of inventory in the ordinary course of business by Intermediate Holdings or any Subsidiary,
(ii) the acquisition or lease (pursuant to an operating lease) of any other asset in the ordinary course of business by Intermediate Holdings or any Subsidiary, (iii) the sale of surplus, damaged, obsolete or worn out equipment or other
property in the ordinary course of business by Intermediate Holdings 

  

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or any Subsidiary or (iv) the sale of Permitted Investments in the ordinary course of business; 
 (b) if at the time thereof and immediately after giving effect thereto no Default or Event of Default shall have occurred and be
continuing or would result therefrom, (i) the merger or consolidation of any Subsidiary into Intermediate Holdings or any Borrower in a transaction in which Intermediate Holdings or such Borrower is the survivor, (ii) the merger or
consolidation of any Subsidiary into or with any Subsidiary Loan Party in a transaction in which the surviving or resulting entity is a Subsidiary Loan Party and, in the case of each of clauses (i) and (ii), no person other than a Borrower or
Subsidiary Loan Party receives any consideration, (iii) the merger or consolidation of any Subsidiary that is not a Subsidiary Loan Party into or with any other Subsidiary that is not a Subsidiary Loan Party, (iv) the liquidation or
dissolution or change in form of entity of any Subsidiary (other than any Borrower) if Intermediate Holdings or any Borrower determines in good faith that such liquidation, dissolution or change in form is in the best interests of such Subsidiary
and is not materially disadvantageous to the Lenders or (v) any Subsidiary of a Borrower may merge or consolidate with any other person in order to effect an Investment permitted pursuant to Section 6.04 so long as the continuing or
surviving person shall be a Subsidiary of a Borrower, which shall be a Loan Party if the merging Subsidiary was a Loan Party and which together with each of its Subsidiaries shall have complied with the requirements of Section 5.10; 

(c) sales, transfers, leases or other dispositions to Intermediate Holdings or any Subsidiary (upon voluntary liquidation or
otherwise); provided, that any sales, transfers, leases or other dispositions by a Loan Party to a Subsidiary that is not a Subsidiary Loan Party in reliance on this paragraph (c) shall be made in compliance with Section 6.07 and
the aggregate gross proceeds of any such sales, transfers, leases or other dispositions plus the aggregate gross proceeds of any or all assets sold, transferred or leased in reliance on clause (g) below, shall not exceed, in any fiscal year of
Intermediate Holdings, the greater of $360.0 million and 8.0% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such sale, transfer, lease or other disposition for which financial statements have been
delivered pursuant to Section 5.04; 
 (d) Sale and Lease-Back Transactions permitted by Section 6.03; 

(e) Investments permitted by Section 6.04, Permitted Liens and Dividends permitted by Section 6.06; 
 (f) the sale or other disposition of defaulted receivables and the compromise, settlement and collection of receivables in the ordinary
course of business or in bankruptcy or other proceedings concerning the account party thereon and not as part of an accounts receivable financing transaction; 
 (g) sales, transfers, leases or other dispositions of assets not otherwise permitted by this Section 6.05 (or required to be included
in this clause (g) pursuant to Section 6.05(c)); provided, that (i) the aggregate gross proceeds (including noncash proceeds) of any or all assets sold, transferred, leased or otherwise disposed of in reliance 

  

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upon this paragraph (g), plus the aggregate gross proceeds of any or all assets sold, transferred or leased to Subsidiaries that are not Loan Parties in
reliance on clause (c) above, shall not exceed, in any fiscal year of Intermediate Holdings, the greater of $360.0 million and 8.0% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such
incurrence for which financial statements have been delivered pursuant to Section 5.04, (ii) no Default or Event of Default exists or would result therefrom, and (iii) with respect to any such sale, transfer, lease or other
disposition with aggregate gross proceeds (including noncash proceeds) in excess of $10.0 million, immediately after giving effect thereto, Intermediate Holdings and its Subsidiaries shall be in Pro Forma Compliance; 
 (h) Permitted Business Acquisitions (including any merger or consolidation in order to effect a Permitted Business Acquisition);
provided, that following any such merger or consolidation (i) involving any Borrower, such Borrower is the surviving corporation, (ii) involving a Subsidiary Loan Party, the surviving or resulting entity shall be a Subsidiary Loan
Party that is a Wholly Owned Subsidiary and (iii) involving a Subsidiary that is not a Loan Party, the surviving or resulting entity shall be a Wholly Owned Subsidiary; 
 (i) leases, licenses, or subleases or sublicenses of any real or personal property in the ordinary course of business; 
 (j) sales, leases or other dispositions of inventory of any of the Subsidiaries determined by the management of such Subsidiary to be no
longer useful or necessary in the operation of the business of such Subsidiary or any of the Subsidiaries; 
 (k) acquisitions
and purchases made with the proceeds of any Asset Sale pursuant to the first proviso of paragraph (a) of the definition of “Net Proceeds”; 
 (l) any surrender or waiver of contract rights or the settlement, release, recovery on or surrender of contract, tort or other claims of any kind; 
 (m) the sale of the GaN Business; 
 (n) any exchange of assets for services and/or other assets of comparable or greater value; provided, that (i) at least 90% of the consideration received by the transferor consists of assets that will be
used in a business or business activity permitted hereunder (in which case the remaining 10% of the consideration received by the transferor may be received in cash), (ii) in the event of a swap with a fair market value in excess of $10.0
million, the Administrative Agent shall have received a certificate from a Responsible Officer of Intermediate Holdings with respect to such fair market value and (iii) in the event of a swap with a fair market value in excess of $20.0 million,
such exchange shall have been approved by at least a majority of the Board of Directors of Intermediate Holdings or the applicable Borrower; provided, that (A) the aggregate gross consideration (including exchange assets, other noncash
consideration and cash proceeds) of any or all assets exchanged in reliance upon this paragraph (n) shall not exceed, in any fiscal year of Intermediate Holdings, 8.0% of Consolidated Total Assets as of the end of 

  

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the fiscal quarter immediately prior to the date of such incurrence for which financial statements have been delivered pursuant to Section 5.04,
(B) no Default or Event of Default exists or would result therefrom, and (C) with respect to any such exchange with aggregate gross consideration in excess of $10.0 million, immediately after giving effect thereto, Intermediate
Holdings and its Subsidiaries shall be in Pro Forma Compliance; 
 (o) the Transactions; 
 (p) the purchase and sale or other transfer (including by capital contribution) of Receivables Assets pursuant to Permitted Receivables
Financings; 
 (q) sales of VAT Receivables pursuant to factoring programs; provided, that the aggregate VAT
Receivables Net Investments of the Japanese Subsidiaries shall not at any time exceed an amount equal to the excess of (1)$80 million over (2) the aggregate Receivables Net Investment in respect of all Subsidiaries at such time; and 

(r) the sale of the Quartz Business; provided that the Net Proceeds thereof are applied in accordance with Section 2.11(b).

 Notwithstanding anything to the contrary contained in Section 6.05 above, (i) no sale, transfer or other disposition of assets
shall be permitted by this Section 6.05 (other than sales, transfers, leases, licenses or other dispositions to Loan Parties pursuant to paragraph (c) of this Section 6.05) unless such disposition is for fair market value,
(ii) no sale, transfer or other disposition of assets shall be permitted by paragraph (a) or (d) of this Section 6.05 unless such disposition is for at least 75% cash consideration and (iii) no sale, transfer or other
disposition of assets in excess of $15.0 million shall be permitted by paragraph (g) of this Section 6.05 unless such disposition is for at least 75% cash consideration; provided, the provisions of clause (ii) shall not apply
to any individual transaction or series of related transactions involving assets with a fair market value of less than $10.0 million and, in the aggregate with all other such transactions and series of transactions, involving assets with a fair
market value of not more than the greater of $450.0 million and 10% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such sale, transfer or disposition for which financial statements have been
delivered pursuant to Section 5.04, in the aggregate for all such transactions during the term of this Agreement; provided further, that for purposes of clause (iii), (a) the amount of any liabilities (as shown on such
Borrower’s or such Subsidiary’s most recent balance sheet or in the notes thereto) of such Borrower or Subsidiary (other than liabilities that are by their terms subordinated to the Obligations) that are assumed by the transferee of any
such assets, (b) any notes or other obligations or other securities or assets received by such Borrower or such Subsidiary from such transferee that are converted by such Borrower or such Subsidiary into cash within 180 days of the receipt
thereof (to the extent of the cash received) and (c) any Designated Non-Cash Consideration received by such Borrower or such Subsidiary in such Asset Sale having an aggregate fair market value, taken together with all other Designated Non-Cash
Consideration received pursuant to this clause (c) that is at that time outstanding, not to exceed $50.0 million at the time of the receipt of such Designated Non-Cash Consideration (with the fair market value of each item of Designated
Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value) shall be deemed to be cash. To the extent any Collateral is disposed of in a transaction permitted by this Section 6.05 to any

  

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person other than Intermediate Holdings or any Subsidiary, such Collateral shall be sold free and clear of the Liens created by the Loan Documents, and the
Administrative Agent shall take, and shall be authorized by each Lender to take, any actions reasonably requested by any Loan Party in order to evidence the foregoing. 
 SECTION 6.06. Dividends and Distributions. Declare or pay any dividend or make any other distribution (by reduction of capital or otherwise) to, whether in cash, property, securities or a combination thereof,
with respect to any of its Equity Interests (other than dividends and distributions on Equity Interests payable solely by the issuance of additional Equity Interests (other than Disqualified Stock) of the person paying such dividends or
distributions) or directly or indirectly redeem, purchase, retire or otherwise acquire for value (or permit any Subsidiary to purchase or acquire) any of its Equity Interests or set aside any amount for any such purpose (other than through the
issuance of additional Equity Interests (other than Disqualified Stock) of the person redeeming, purchasing, retiring or acquiring such shares) (any of the foregoing, a “Restricted Payment”); provided, however, that:

 (a) any Subsidiary may make Restricted Payments to each direct owner of Equity Interests of such Subsidiary;
provided that, in the case of a Subsidiary that is a non-Wholly-Owned Subsidiary, (i) such dividends, repurchases or other distributions are made to all owners of such Subsidiary’s Equity Interests on a pro rata basis
(or more favorable basis from the perspective of Intermediate Holdings and its Subsidiaries) based on their relative ownership interests and (ii) any repurchase of its Equity Interests from a person that is not Intermediate Holdings or a
Subsidiary is permitted under Section 6.04; 
 (b) prior to a Qualified IPO of Intermediate Holdings (and irrespective of
any Qualified IPO of a Parent Entity), Intermediate Holdings or any Subsidiary may make Restricted Payments to its direct parent entity in respect of (x) (i) overhead, legal, accounting and other professional fees and expenses of Holdings
or any Parent Entity, (ii) fees and expenses related to any public offering or private placement of debt or equity securities of Holdings or any Parent Entity whether or not consummated, (iii) franchise taxes and other fees, taxes and
expenses in connection with the maintenance of its existence and its direct or indirect (or any Parent Entity’s indirect) ownership of Intermediate Holdings or any Subsidiary, (iv) payments permitted by Section 6.07(b) and
(v) customary salary, bonus and other benefits payable to, and indemnities provided on behalf of, officers and employees of Holdings or any Parent Entity, in each case in order to permit Holdings or any Parent Entity to make such payments;
provided, that in the case of clauses (i), (ii) and (iii), the amount of such Restricted Payments shall not exceed the portion of any amounts referred to in such clauses (i), (ii) and (iii) that are allocable to Intermediate
Holdings and its Subsidiaries (which shall be 100% for so long as Holdings or such Parent Entity, as the case may be, owns no assets other than the Equity Interests in Intermediate Holdings or a Parent Entity) and (y) Intermediate Holdings may
make Restricted Payments to any Parent Entity that files a consolidated U.S. federal tax return for any year that includes Intermediate Holdings and the Subsidiaries as part of the consolidated tax group, in each case in an amount not to exceed the
amount that Intermediate Holdings and the Subsidiaries would have been required to pay in respect of federal, state or local taxes (as the case may be) in respect of such year if Intermediate Holdings and the Subsidiaries paid such taxes directly as
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the portion of the tax liabilities of such Parent Entity allocable to Intermediate Holdings and the Subsidiaries (which shall be 100% for so long as such
Parent Entity owns no assets other than the Equity Interests of Intermediate Holdings or another Parent Entity); 
 (c) prior
to a Qualified IPO of Intermediate Holdings (and irrespective of any Qualified IPO of a Parent Entity), Intermediate Holdings or any Subsidiary may make Restricted Payments to Holdings or any other Parent Entity the proceeds of which are used to
purchase or redeem the Equity Interests of Holdings or any Parent Entity (including related stock appreciation rights or similar securities) held by then present or former directors, consultants, officers or employees of Holdings (or any other
Parent Entity), Intermediate Holdings, any Subsidiary or by any Plan or shareholders’ agreement then in effect upon such person’s death, disability, retirement or termination of employment or under the terms of any such Plan or any other
agreement under which such shares of stock or related rights were issued; provided, that the aggregate amount of such purchases or redemptions under this paragraph (c) shall not exceed in any fiscal year $20.0 million (plus the amount of
net proceeds contributed as equity to Intermediate Holdings or any Subsidiary that were (x) received by Holdings or any Parent Entity during such calendar year from sales of Equity Interests of Holdings or any Parent Entity to directors,
consultants, officers or employees of Holdings, any Parent Entity, Intermediate Holdings or any Subsidiary in connection with permitted employee compensation and incentive arrangements and (y) proceeds of any key-man life insurance policies
received during such calendar year), which, if not used in any year, may be carried forward to any subsequent calendar year; and provided, further, that cancellation of Indebtedness owing to Intermediate Holdings or any Subsidiary from
members of management of Holdings, any Parent Entity, the Borrower or its Subsidiaries in connection with a repurchase of Equity Interests of Holdings or any Parent Entity will not be deemed to constitute a Restricted Payment for purposes of this
Section 6.06; 
 (d) noncash repurchases of Equity Interests deemed to occur upon exercise of stock options if such
Equity Interests represent a portion of the exercise price of such options; 
 (e) Intermediate Holdings may make Restricted
Payments to (i) prior to a Qualified IPO of Intermediate Holdings and irrespective of any Qualified IPO of a Parent Entity, its direct Parent Entity and (ii) after a Qualified IPO of Intermediate Holdings, the equity holders of
Intermediate Holdings in an aggregate amount equal to the portion, if any, of the Cumulative Credit on such date that Intermediate Holdings elects to apply to this Section 6.06(e), such election to be specified in a written notice of a
Responsible Officer of Intermediate Holdings calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied; provided, that (i) no Default or Event of
Default has occurred and is continuing or would result therefrom and (ii) after giving effect thereto, the Senior Secured Leveraged Ratio on a Pro Forma Basis shall not be greater than 4.25 to 1.00; 
 (f) the Borrowers may make Restricted Payments in connection with the consummation of the Transactions; 
  

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 (g) prior to a Qualified IPO of Intermediate Holdings (and irrespective of any Qualified
IPO of a Parent Entity), Intermediate Holdings or any Subsidiary may make Restricted Payments to allow Holdings or any Parent Entity to make payments in cash, in lieu of the issuance of fractional shares, upon the exercise of warrants or upon the
conversion or exchange of Equity Interests of any such person; 
 (h) after a Qualified IPO, Intermediate Holdings may make
Restricted Payments to its equity holders in an amount equal to 6.0% per annum of the Net Proceeds received by Intermediate Holdings from any public offering of Equity Interests of Intermediate Holdings or any direct or indirect parent of
Intermediate Holdings; and 
 (i) Intermediate Holdings or any Subsidiary may make distributions to any Parent Entity to
finance any Investment permitted to be made pursuant to Section 6.04; provided that (A) such distribution shall be made substantially concurrently with the closing of such Investment and (B) such parent shall, immediately
following the closing thereof, cause (1) all property acquired (whether assets or Equity Interests) to be contributed as equity to Intermediate Holdings or a Subsidiary or (2) the merger (to the extent permitted in Section 6.05) of
the person formed or acquired into Intermediate Holdings or a Subsidiary in order to consummate such Permitted Business Acquisition or Investment, in each case, in accordance with the requirements of Section 5.10; and 
 (j) Intermediate Holdings may make Restricted Payments to its equity holders in an amount necessary to (i) fund payments to the Fund
and the Fund Affiliates of the type and in the amounts otherwise permitted pursuant to Sections 6.07(b)(ix) and (xiv); provided that no such payment shall be made by Intermediate Holdings or any Subsidiary directly and (ii) prior to the
consummation of a Qualified IPO of Intermediate Holdings (and irrespective of any Qualified IPO of a Parent Entity), pay dividends in respect of the UBS Preferred Stock (at the rate and on the terms in effect on the Closing Date) due within
60 days of such Restricted Payment. 
 SECTION 6.07. Transactions with Affiliates. (a) Sell or transfer any property or
assets to, or purchase or acquire any property or assets from, or otherwise engage in any other transaction with, any of its Affiliates or any known direct or indirect holder of 10% or more of any class of capital stock of Intermediate Holdings or
any Borrower in a transaction involving aggregate consideration in excess of $5.0 million, unless such transaction is (i) otherwise permitted (or required) under this Agreement and (ii) upon terms no less favorable to such Loan Party than
would be obtained in a comparable arm’s-length transaction with a person that is not an Affiliate. 
 (b) The foregoing
paragraph (a) shall not prohibit, to the extent otherwise permitted under this Agreement, 
 (i) any issuance of
securities, or other payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment arrangements, equity purchase agreements, stock options and stock ownership plans approved by the Board of Directors of
Intermediate Holdings or of any Subsidiary, 
  

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 (ii) loans or advances to employees or consultants of Intermediate Holdings (or any
direct or indirect parent of Intermediate Holdings), or any of the Subsidiaries in accordance with Section 6.04(e), 
 (iii) transactions among Intermediate Holdings and any Subsidiary or any entity that becomes a Loan Party as a result of such transaction (including via merger or consolidation in which a Subsidiary is the surviving entity) not prohibited
by this Agreement, 
 (iv) the payment of fees, reasonable out-of-pocket costs and indemnities to directors, officers,
consultants and employees of any Parent Entity (prior to the consummation of a Qualified IPO of Intermediate Holdings and irrespective of any Qualified IPO of any Parent Entity), Intermediate Holdings and the Subsidiaries in the ordinary course of
business (limited, in the case of any Parent Entity, to the portion of such fees and expenses that are allocable to Intermediate Holdings and its Subsidiaries (which shall be 100% for so long as Holdings or such Parent Entity, as the case may be,
owns no assets other than the Equity Interests in Intermediate Holdings or another Parent Entity and assets incidental to the ownership of the Intermediate Holdings and the Subsidiaries)), 
 (v) subject to the limitations set forth in Section 6.07(b)(xiv), if applicable, transactions pursuant to or expressly contemplated
by the Transaction Documents and permitted agreements in existence on the Closing Date and set forth on Schedule 6.07 or any amendment thereto to the extent such amendment is not adverse to the Lenders in any material respect and other
transactions, agreements and arrangements described on Schedule 6.07 and any amendment thereto or similar transactions, agreements or arrangements entered into by Intermediate Holdings or any of the Subsidiaries to the extent such amendment is
not adverse to the Lenders in any material respect, 
 (vi) (A) any employment agreements entered into by Intermediate
Holdings or any of the Subsidiaries in the ordinary course of business, (B) any subscription agreement or similar agreement pertaining to the repurchase of Equity Interests pursuant to put/call rights or similar rights with employees, officers
or directors, and (C) any employee compensation, benefit plan or arrangement, any health, disability or similar insurance plan which covers employees, and any reasonable employment contract and transactions pursuant thereto, 
 (vii) Restricted Payments permitted under Section 6.06, including payments to Holdings (and any Parent Entity), 
 (viii) any purchase by Intermediate Holdings of the equity capital of any Subsidiary; provided, that any Equity Interests of any
Subsidiary purchased by Intermediate Holdings shall be pledged to the Administrative Agent on behalf of the Lenders pursuant to the Collateral Agreement, 
 (ix) payments by Intermediate Holdings or any of the Subsidiaries to the Fund or any Fund Affiliates made for any financial advisory, financing, underwriting or 

  

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placement services or in respect of other investment banking activities, including in connection with acquisitions or divestitures, which payments are
approved by the majority of the Board of Directors of Intermediate Holdings or such Subsidiary, or a majority of disinterested members of the Board of Directors of Intermediate Holdings or such Subsidiary, in good faith, 
 (x) transactions with Wholly Owned Subsidiaries for the purchase or sale of goods, products, parts and services entered into in the
ordinary course of business in a manner consistent with past practice, 
 (xi) any transaction by any of the Subsidiaries in
respect of which such Subsidiary delivers to the Administrative Agent (for delivery to the Lenders) a letter addressed to the Board of Directors of such Subsidiary from an accounting, appraisal or investment banking firm, in each case of nationally
recognized standing that is (A) in the good faith determination of such Subsidiary qualified to render such letter and (B) reasonably satisfactory to the Administrative Agent, which letter states that such transaction is on terms that are
no less favorable to such Subsidiary than would be obtained in a comparable arm’s-length transaction with a person that is not an Affiliate, 
 (xii) subject to paragraph (xiv) below, the payment of all fees, expenses, bonuses and awards related to the Transactions as set forth in the Offering Memorandum or on Schedule 6.07 and including fees
payable to the Fund and Fund Affiliates, 
 (xiii) transactions with joint ventures for the purchase or sale of goods,
equipment and services entered into in the ordinary course of business and in a manner consistent with past practice, 
 (xiv)
any agreement to pay, and the payment of, monitoring, management, transaction, advisory or similar fees payable to the Fund or any Fund Affiliates (A) in an aggregate amount (by Intermediate Holdings and all Subsidiaries) in any fiscal year not
to exceed the sum of (1) the greater of $6.0 million and 1.50% of EBITDA for such fiscal year, plus reasonable out of pocket costs and expenses in connection therewith and unpaid amounts accrued for prior periods; plus (2) any deferred
fees (to the extent such fees were within such amount in clause (A) (1) above originally), plus (B) 2.00% of the value of transactions with respect to which the Fund or any Fund Affiliate provides any transaction, advisory or other
services, plus (C) a transaction fee of not more than $20.0 million to be paid to the Fund or a Fund Affiliate in connection with the Transactions on the Closing Date, plus (D) so long as no Event of Default has occurred and is
continuing, in the event of a Qualified IPO, the present value of all future amounts payable pursuant to any agreement referred to in clause (A) (1) above in connection with the termination of such agreement with the Fund and its Fund
Affiliates (the “Fund Termination Fee”); provided, that if any such payment pursuant to clause (D) is not permitted to be paid as a result of an Event of Default, such payment shall accrue and may be payable when no
Events of Default are continuing to the extent that no further Event of Default would result therefrom, 
  

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 (xv) the issuance, sale or transfer of Equity Interests of Intermediate Holdings or any
Subsidiary to Holdings (or another Parent Entity) in connection with capital contributions by Holdings or such Parent Entity to Intermediate Holdings or any Subsidiary, 
 (xvi) without duplication of any amounts otherwise paid with respect to taxes, payments by Holdings (and any Parent Entity), Intermediate
Holdings and the Subsidiaries pursuant to tax sharing agreements among Holdings (and any such Parent Entity), Intermediate Holdings and the Subsidiaries on customary terms that require each party to make payments when such taxes are due or refunds
received of amounts equal to the income tax liabilities and refunds generated by each such party calculated on a separate return basis and payments to the party generating tax benefits and credits of amounts equal to the value of such tax benefits
and credits made available to the group by such party, 
 (xvii) the Restructuring Transactions and the issuance of Equity
Interests to the management of the Borrowers, Intermediate Holdings or any Parent Entity following the Closing Date in connection with the Transactions, 
 (xviii) transactions among Loan Parties and not involving any other Affiliate, 
 (xix)
transactions pursuant to any Permitted Receivables Financing, 
 (xx) payments or loans (or cancellations of loans) to
employees or consultants that are (A) approved by a majority of the Disinterested Directors of the Board of Directors of Intermediate Holdings or a Borrower in good faith, (B) made in compliance with applicable law and (C) otherwise
permitted under this Agreement, or 
 (xxi) transactions permitted by, and complying with, the provisions of
Section 6.01, 6.04(b), 6.04(l), 6.04(u), 6.05(b) (except for Section 6.05(b)(v)) or 6.06. 
 SECTION 6.08. Business of
Intermediate Holdings and the Subsidiaries. Notwithstanding any other provisions hereof, engage at any time in any business or business activity other than any business or business activity conducted by any of them on the Closing Date and any
business or business activities incidental or related thereto, or any business or activity that is reasonably similar or complementary thereto or a reasonable extension, development or expansion thereof or ancillary thereto, and in the case of a
Special Purpose Receivables Subsidiary, Permitted Receivables Financings. 
 SECTION 6.09. Limitation on Modifications of Indebtedness;
Modifications of Certificate of Incorporation, By-Laws and Certain Other Agreements; etc. (a) Amend or modify in any manner materially adverse to the Lenders, or grant any waiver or release under or terminate in any manner (if such granting
or termination shall be materially adverse to the Lenders), the articles or certificate of incorporation, by-laws, limited liability company operating agreement, partnership agreement or other organizational documents of Intermediate Holdings or any
of the Subsidiaries. 
  

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 (b) (i) Make, or agree or offer to pay or make, directly or indirectly, any payment or other
distribution (whether in cash, securities or other property) of or in respect of principal of or interest on the loans under the Senior Subordinated Notes or any Permitted Refinancing Indebtedness in respect thereof or any preferred Equity Interests
or any Disqualified Stock (“Junior Financing”), or any payment or other distribution (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination in respect of any Junior Financing except for (A) Refinancings permitted by Section 6.01(l) or (r), (B) payments of regularly scheduled interest, and, to the extent this Agreement is then in
effect, principal on the scheduled maturity date of any Junior Financing, (C) payments or distributions in respect of all or any portion of the Junior Financing with the proceeds contributed to any Subsidiary by Intermediate Holdings from the
issuance, sale or exchange by Intermediate Holdings (or any direct or indirect parent of Intermediate Holdings) of Equity Interests made within eighteen months prior thereto, (D) the conversion of any Junior Financing to Equity Interests of
Intermediate Holdings or any of its direct or indirect parents; and (E) so long as no Default or Event of Default has occurred and is continuing or would result therefrom and after giving effect to such payment or distribution Intermediate
Holdings and its Subsidiaries would be in Pro Forma Compliance, payments or distributions in respect of Junior Financings prior to their scheduled maturity made, in an aggregate amount, not to exceed the sum of (x) $50.0 million and
(y) the portion, if any, of the Cumulative Credit on the date of such election that Intermediate Holdings elects to apply to this Section 6.09(b)(i), such election to be specified in a written notice of a Responsible Officer of
Intermediate Holdings calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be applied; or 
 (ii) Amend or modify, or permit the amendment or modification of, any provision of any Junior Financing or the Notes (or any Permitted Refinancing Indebtedness in respect thereof) or any agreement, document or
instrument evidencing or relating thereto, other than amendments or modifications that (A) are not in any manner materially adverse to Lenders and that do not affect the subordination or payment provisions thereof (if any) in a manner adverse
to the Lenders and (B) otherwise comply with the definition of “Permitted Refinancing Indebtedness”. 
 (c) Permit any
Material Subsidiary to enter into any agreement or instrument that by its terms restricts (i) the payment of dividends or distributions or the making of cash advances to Intermediate Holdings or any Subsidiary that is a direct or indirect
parent of such Subsidiary or (ii) the granting of Liens by any Loan Party or such Material Subsidiary pursuant to the Security Documents, in each case other than those arising under any Loan Document, except, in each case, restrictions existing
by reason of: 
 (A) restrictions imposed by applicable law; 
 (B) contractual encumbrances or restrictions in effect on the Closing Date under Indebtedness existing on the Closing Date and set forth
on Schedule 6.01, the Notes or any agreements related to any Permitted Refinancing Indebtedness in respect of any such Indebtedness that does not expand the scope of any such encumbrance or restriction; 
  

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 (C) any restriction on a Subsidiary imposed pursuant to an agreement entered into for the
sale or disposition of the Equity Interests or assets of a Subsidiary pending the closing of such sale or disposition; 
 (D)
customary provisions in joint venture agreements and other similar agreements entered into in the ordinary course of business; 
 (E) any restrictions imposed by any agreement relating to secured Indebtedness permitted by this Agreement to the extent that such restrictions apply only to the property or assets securing such Indebtedness; 
 (F) any restrictions imposed by any agreement relating to Indebtedness incurred pursuant to Sections 6.01(k) or 6.01(r) or Permitted
Refinancing Indebtedness in respect thereof, to the extent such restrictions are not more restrictive, taken as a whole, than the restrictions contained in the Senior Unsecured Note Documents; 
 (G) customary provisions contained in leases or licenses of intellectual property and other similar agreements entered into in the
ordinary course of business; 
 (H) customary provisions restricting subletting or assignment of any lease governing a
leasehold interest; 
 (I) customary provisions restricting assignment of any agreement entered into in the ordinary course of
business; 
 (J) customary restrictions and conditions contained in any agreement relating to the sale, transfer, lease or
other disposition of any asset permitted under Section 6.05 pending the consummation of such sale, transfer, lease or other disposition; 
 (K) customary restrictions and conditions contained in the document relating to any Lien, so long as (1) such Lien is a Permitted Lien and such restrictions or conditions relate only to the specific asset subject
to such Lien, and (2) such restrictions and conditions are not created for the purpose of avoiding the restrictions imposed by this Section 6.09; 
 (L) customary net worth provisions contained in Real Property leases entered into by Subsidiaries, so long as Intermediate Holdings and such Subsidiary have determined in good faith that such net worth provisions
would not reasonably be expected to impair the ability of Intermediate Holdings or any of its Subsidiaries to meet their ongoing obligations; 
 (M) any agreement in effect at the time such subsidiary becomes a Subsidiary, so long as such agreement was not entered into in contemplation of such person becoming a Subsidiary other than Subsidiaries of such new
Subsidiary; 
 (N) restrictions in agreements representing Indebtedness permitted under Section 6.01 of a Subsidiary that
is not a Subsidiary Loan Party; 
  

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 (O) customary restrictions on leases, subleases, licenses or Equity Interests or asset
sale agreements otherwise permitted hereby as long as such restrictions relate to the Equity Interests and assets subject thereto; 
 (P) restrictions on cash or other deposits imposed by customers under contracts entered into in the ordinary course of business; 
 (Q) restrictions contained in any Permitted Receivables Document with respect to any Special Purpose Receivables Subsidiary; or 
 (R) any encumbrances or restrictions of the type referred to in Sections 6.09(c)(i) and 6.09(c)(ii) above imposed by any amendments,
modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in clauses (A) through (Q) above; provided that such amendments,
modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are, in the good faith judgment of the applicable Subsidiary, no more restrictive with respect to such dividend and other payment restrictions
than those contained in the dividend or other payment restrictions prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing. 
 SECTION 6.10. [Intentionally Omitted] 
 SECTION 6.11. Senior Secured Leverage Ratio. At any time at which any Revolving Facility Loans or Swingline Loans are outstanding or any Letters of Credit are outstanding and not cash collateralized in full, permit the Senior Secured
Leverage Ratio, calculated as of the last day of the most recent fiscal quarter for which financial statements have been delivered to the Administrative Agent pursuant to Section 5.04, to be greater than 4.25 to 1.00 (which calculation shall be
made on a Pro Forma Basis to take into account any events described in the definition of “Pro Forma Basis” occurring during the period of four fiscal quarters ending on the last day of such fiscal quarter); provided that compliance
with the covenant set forth in this Section 6.11 shall not be tested prior to the third full fiscal quarter after the Closing Date. 
 SECTION 6.12. [Intentionally Omitted] 
 SECTION 6.13. No Other “Designated Senior Debt”. Designate, or permit the
designation of, any Indebtedness as “Designated Senior Debt” or any other similar term for the purpose of the definition of the same in, or the subordination provisions contained in, (a) the Senior Subordinated Notes Indenture,
(b) any other indenture governing Indebtedness permitted to be incurred hereunder that is senior subordinated Indebtedness or (c) the Senior Unsecured Notes or Senior Subordinated Notes, in each case other than the Obligations under this
Agreement and the other Loan Documents and the obligations in respect of the Senior Unsecured Notes and any Permitted Refinancing thereof. 
 SECTION 6.14. Fiscal Year; Accounting. In the case of Intermediate Holdings or any Subsidiary, permit its fiscal year to end on any date other than December 31 without prior notice to the Administrative Agent given concurrently
with any required notice to the SEC. 
  

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 SECTION 6.15. Qualified CFC Holding Companies. Permit any Qualified CFC Holding Company to
(a) create, incur or assume any Indebtedness or other liability, or create, incur, assume or suffer to exist any Lien on, or sell, transfer or otherwise dispose of, other than in a transaction permitted under Section 6.05, any of the
Equity Interests of a Foreign Subsidiary held by such Qualified CFC Holding Company, or any other assets, or (b) engage in any business or activity or acquire or hold any assets other than the Equity Interests of one or more Foreign
Subsidiaries of the Borrower and/or one or more other Qualified CFC Holding Companies and the receipt and distribution of dividends and distributions in respect thereof. 
 ARTICLE VIA 
 Holdings Negative Covenants 
 SECTION 6.01A. Holdings Negative Covenants. Holdings covenants and agrees with each Lender that, until the earlier of a Qualified IPO of
Intermediate Holdings and the date on which the Commitments have been terminated or have expired and the Obligations (including principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document) have
been paid in full (other than contingent amounts not yet due) and all Letters of Credit have been canceled or have expired (or have been cash collateralized on terms reasonably satisfactory to the Administrative Agent) and all amounts drawn
thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, (a) Holdings will not create, incur, assume or permit to exist any Lien (other than Liens of a type described in Section 6.02(d),
(e) or (k)) on any of the Equity Interests issued by Intermediate Holdings other than the Liens created under the Loan Documents, (b) Holdings shall do or cause to be done all things necessary to preserve, renew and keep in full force and
effect its legal existence; provided, that so long as no Default exists or would result therefrom, Holdings may merge with any other person, (c) Holdings (or any entity into which it is merged) shall at all times own directly or
indirectly 100% of the Equity Interests of Intermediate Holdings and each Borrower and shall not sell, transfer or otherwise dispose of the Equity Interests in Intermediate Holdings or any Borrower and (d) Holdings shall not transfer any Equity
Interests in Intermediate Holdings other than to a person that agrees to assume the obligations of Holdings under the Loan Documents on terms reasonably satisfactory to the Administrative Agent, in which case the Administrative Agent shall take all
necessary actions to release Holdings from its obligations under the Loan Documents. 
 ARTICLE VII 
 Events of Default 
 SECTION 7.01.
Events of Default. In case of the happening of any of the following events (each, an “Event of Default”): 
 (a) any representation or warranty made or deemed made by Holdings, Intermediate Holdings or any other Loan Party herein or in any other Loan Document or 

  

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any certificate or document delivered pursuant hereto or thereto shall prove to have been false or misleading in any material respect when so made or deemed
made; 
 (b) default shall be made in the payment of any principal of any Loan when and as the same shall become due and
payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or otherwise; 
 (c) default shall be made in the payment of any interest on any Loan or the reimbursement with respect to any L/C Disbursement or in the payment of any Fee or any other amount (other than an amount referred to in (b) above) due under
any Loan Document, when and as the same shall become due and payable, and such default shall continue unremedied for a period of five Business Days; 
 (d) default shall be made in the due observance or performance by Intermediate Holdings or any of the Subsidiaries of any covenant, condition or agreement contained in Section 2.05(c), 5.01(a), 5.05(a) or 5.08 or
in Article VI or VIA; provided that any breach of the Financial Performance Covenant shall not, by itself, constitute an Event of Default under the Term Facility; 
 (e) default shall be made in the due observance or performance by Holdings, Intermediate Holdings or any of the Subsidiaries of any
covenant, condition or agreement contained in any Loan Document (other than those specified in paragraphs (b), (c) and (d) above) and such default shall continue unremedied for a period of 30 days (or 60 days if such default results
solely from the failure of a Subsidiary that is not a Loan Party to duly observe or perform any such covenant, condition or agreement) after notice thereof from the Administrative Agent to Intermediate Holdings and the Borrowers; 
 (f) (i) any event or condition occurs that (A) results in any Material Indebtedness (including, in the case of the Term Facility, the
Revolving Credit Facility to the extent constituting Material Indebtedness) becoming due prior to its scheduled maturity or (B) enables or permits (with all applicable grace periods having expired) the holder or holders of any Material
Indebtedness (including, in the case of the Term Facility, the Revolving Credit Facility to the extent constituting Material Indebtedness) or any trustee or agent on its or their behalf to cause any Material Indebtedness to become due, or to require
the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity (provided that any breach of the Financial Performance Covenant giving rise to an event described in clause (B) above shall not, by itself,
constitute an Event of Default under the Term Facility unless such breach shall continue unremedied for a period of 45 days after notice thereof from the Administrative Agent to Intermediate Holdings) or (ii) Intermediate Holdings or any of the
Subsidiaries shall fail to pay the principal of any Material Indebtedness at the stated final maturity thereof; provided that this clause (f) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or
transfer of the property or assets securing such Indebtedness if such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness; 
 (g) there shall have occurred a Change in Control; 
  

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 (h) an involuntary proceeding shall be commenced or an involuntary petition shall be
filed in a court of competent jurisdiction seeking (i) relief in respect of the direct Parent Entity of Intermediate Holdings, Intermediate Holdings or any of the Subsidiaries, or of a substantial part of the property or assets of the direct
Parent Entity of Intermediate Holdings, Intermediate Holdings or any Subsidiary, under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or
similar law, (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the direct Parent Entity of Intermediate Holdings, Intermediate Holdings or any of the Subsidiaries or for a substantial part
of the property or assets of Holdings, Intermediate Holdings or any of the Subsidiaries or (iii) the winding-up or liquidation of the direct Parent Entity of Intermediate Holdings, Intermediate Holdings or any Subsidiary (except, in the case of
any Subsidiary, in a transaction permitted by Section 6.05); and such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered; 
 (i) the direct Parent Entity of Intermediate Holdings, Intermediate Holdings or any Subsidiary shall (i) voluntarily commence any
proceeding or file any petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) consent to the
institution of, or fail to contest in a timely and appropriate manner, any proceeding or the filing of any petition described in paragraph (h) above, (iii) apply for or consent to the appointment of a receiver, trustee, custodian,
sequestrator, conservator or similar official for the direct Parent Entity of Intermediate Holdings, Intermediate Holdings or any of the Subsidiaries or for a substantial part of the property or assets of Intermediate Holdings or any Subsidiary,
(iv) file an answer admitting the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of creditors or (vi) become unable or admit in writing its inability or fail
generally to pay its debts as they become due; 
 (j) the failure by the direct Parent Entity of Intermediate Holdings,
Intermediate Holdings or any Subsidiary to pay one or more final judgments aggregating in excess of $35.0 million (to the extent not covered by insurance), which judgments are not discharged or effectively waived or stayed for a period of 60
consecutive days, or any action shall be legally taken by a judgment creditor to levy upon assets or properties of the direct Parent Entity of Intermediate Holdings, Intermediate Holdings or any Subsidiary to enforce any such judgment; 

(k) (i) a trustee shall be appointed by a United States district court to administer any Plan, (ii) an ERISA Event or ERISA Events
shall have occurred with respect to any Plan or Multiemployer Plan, or (iii) Intermediate Holdings or any Subsidiary shall engage in any “prohibited transaction” (as defined in Section 406 of ERISA or Section 4975 of the
Code) involving any Plan; and in each case in clauses (i) through (iii) above, such event or condition, together with all other such events or conditions, if any, would reasonably be expected to have a Material Adverse Effect; or

  

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 (l) (i) any Loan Document shall for any reason be asserted in writing by the direct
Parent Entity of Intermediate Holdings, Intermediate Holdings or any Subsidiary not to be a legal, valid and binding obligation of any party thereto, (ii) any security interest purported to be created by any Security Document and to extend to
assets that constitute a material portion of the Collateral, shall cease to be, or shall be asserted in writing by any Loan Party not to be, a valid and perfected security interest (perfected as or having the priority required by this Agreement or
the relevant Security Document and subject to such limitations and restrictions as are set forth herein and therein) in the securities, assets or properties covered thereby, except to the extent that any such loss of perfection or priority results
from the limitations of foreign laws, rules and regulations as they apply to pledges of Equity Interests in Foreign Subsidiaries or the application thereof, or from the failure of the Administrative Agent to maintain possession of certificates
actually delivered to it representing securities pledged under the Collateral Agreement or to file Uniform Commercial Code continuation statements or take the actions described on Schedule 3.04 and except to the extent that such loss is
covered by a lender’s title insurance policy and the Administrative Agent shall be reasonably satisfied with the credit of such insurer, or (iii) the Guarantees pursuant to the Security Documents by the direct Parent Entity of Intermediate
Holdings, Intermediate Holdings, the Borrowers or the Subsidiary Loan Parties of any of the Obligations shall cease to be in full force and effect (other than in accordance with the terms thereof), or shall be asserted in writing by Holdings,
Intermediate Holdings or any Borrower or any Subsidiary Loan Party not to be in effect or not to be legal, valid and binding obligations; or 
 (m) (i) the Obligations shall fail to constitute “Senior Debt” (or the equivalent thereof) and “Designated Senior Debt” (or the equivalent thereof) under the Senior Subordinated Notes Indenture and
the Holdings PIK Note or any Permitted Refinancing Indebtedness in respect of the Senior Subordinated Notes, or (ii) the subordination provisions thereunder shall be invalidated or otherwise cease, or shall be asserted in writing by Holdings,
Intermediate Holdings, any Borrower or any Subsidiary Loan Party to be invalid or to cease to be legal, valid and binding obligations of the parties thereto, enforceable in accordance with their terms; 
 then, and in every such event (other than an event with respect to any Borrower described in paragraph (h) or (i) above), and at any time thereafter during the
continuance of such event, the Administrative Agent, at the request of the Required Lenders, shall, by notice to Intermediate Holdings and the Borrowers, take any or all of the following actions, at the same or different times (provided that,
in the case of an Event of Default described in paragraph (d) above arising solely from a breach of the Financial Performance Covenant, the Administrative Agent shall take such actions (x) at the request of the Majority Lenders under the
Revolving Credit Facility rather than the Required Lenders and (y) only with respect to the Revolving Credit Facility): (i) terminate forthwith the Commitments, (ii) declare the Loans then outstanding to be forthwith due and payable
in whole or in part, whereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrowers accrued hereunder and under any other Loan
Document, shall become forthwith due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrowers, anything contained herein or in any other Loan Document to the
contrary notwithstanding and (iii) if the Loans have been 

  

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declared due and payable pursuant to clause (ii) above, demand cash collateral pursuant to Section 2.05(j) and (iv) exercise all rights and
remedies granted to it under any Loan Document and all its rights under any other applicable law or in equity; and in any event with respect to any Borrower described in paragraph (h) or (i) above, the Commitments shall automatically
terminate, the principal of the Loans then outstanding, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrowers accrued hereunder and under any other Loan Document, shall automatically become due
and payable and the Administrative Agent shall be deemed to have made a demand for cash collateral to the full extent permitted under Section 2.05(j), without presentment, demand, protest or any other notice of any kind, all of which are hereby
expressly waived by the Borrowers, anything contained herein or in any other Loan Document to the contrary notwithstanding. 
 SECTION 7.02.
Exclusion of Immaterial Subsidiaries. Solely for the purposes of determining whether an Event of Default has occurred under clause (h), (i) or (l) of Section 7.01, any reference in any such clause to any Subsidiary shall
be deemed not to include any Immaterial Subsidiary affected by any event or circumstance referred to in any such clause. 
 SECTION 7.03. Right to Cure. (a) Notwithstanding anything to the contrary contained in
Section 7.01, in the event that Intermediate Holdings and its Subsidiaries fail to comply with the requirements of the Financial Performance Covenant, until the expiration of the 10th day subsequent to the date the certificate calculating such Financial Performance Covenant is required to be delivered pursuant to Section 5.04(c), Holdings shall have the right to issue Permitted Cure
Securities for cash or otherwise receive cash contributions to the capital of Holdings, and, in each case, to contribute any such cash to the capital of any of Intermediate Holdings and its Subsidiaries (collectively, the “Cure
Right”), and upon the receipt by such person of such cash (the “Cure Amount”) pursuant to the exercise by Holdings of such Cure Right such Financial Performance Covenant shall be recalculated giving effect to the following
pro forma adjustment: 
 (i) EBITDA shall be increased with respect to such applicable quarter and any four-quarter
period that contains such quarter, solely for the purpose of measuring the Financial Performance Covenant and not for any other purpose under this Agreement, by an amount equal to the Cure Amount; and 
 (ii) If, after giving effect to the foregoing pro forma adjustment, Intermediate Holdings and its Subsidiaries shall then be in compliance
with the requirements of the Financial Performance Covenant, Intermediate Holdings and its Subsidiaries shall be deemed to have satisfied the requirements of the Financial Performance Covenant as of the relevant date of determination with the same
effect as though there had been no failure to comply therewith at such date, and the applicable breach or default of the Financial Performance Covenant that had occurred shall be deemed cured for this purposes of the Agreement. 
 (b) Notwithstanding anything herein to the contrary, (i) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the
Cure Right is not exercised and (ii) for purposes of this Section 7.03, the Cure Amount shall be no greater than the amount required for purposes of complying with the Financial Performance Covenant. 
  

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 ARTICLE VIII 
 The Agents 
 SECTION 8.01. Appointment. (a) Each Lender (in its capacities as a Lender
and a Swingline Lender (if applicable) and on behalf of itself and its Affiliates as potential counterparties to Swap Agreements) and each Issuing Bank (in such capacities and on behalf of itself and its Affiliates as potential counterparties to
Swap Agreements) hereby irrevocably designates and appoints the Administrative Agent as the agent of such Lender under this Agreement and the other Loan Documents, including as the Administrative Agent for such Lender and the other Secured Parties
under the Security Documents, and each such Lender irrevocably authorizes the Administrative Agent, in such capacity, to take such action on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers
and perform such duties as are expressly delegated to the Administrative Agent by the terms of this Agreement and the other Loan Documents, together with such other powers as are reasonably incidental thereto. In addition, to the extent required
under the laws of any jurisdiction other than the United States, each of the Lenders and the Issuing Banks hereby grants to the Administrative Agent any required powers of attorney to execute any Security Document governed by the laws of such
jurisdiction on such Lender’s or Issuing Bank’s behalf. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative Agent shall not have any duties or responsibilities, except those expressly set forth
herein, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the
Administrative Agent. To the extent required by any applicable law, the Administrative Agent may withhold from any payment to any Lender an amount equivalent to any applicable withholding Tax. If the Internal Revenue Service or any other
Governmental Authority asserts a claim that the Administrative Agent did not properly withhold Tax from amounts paid to or for the account of any Lender because the appropriate form was not delivered or was not properly executed or because such
Lender failed to notify the Administrative Agent of a change in circumstance which rendered the exemption from, or reduction of, withholding Tax ineffective or for any other reason, such Lender shall indemnify the Administrative Agent fully for all
amounts paid, directly or indirectly, by the Administrative Agent as Tax or otherwise, including any penalties or interest and together with all expenses (including legal expenses, allocated internal costs and out-of-pocket expenses) incurred.
Except as expressly otherwise provided in this Agreement, each of the Administrative Agent and the Collateral Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or
taking or refraining from taking any actions which such Agent is expressly entitled to take or assert under this Agreement and the other Loan Documents, including the exercise of remedies pursuant to Section 7.01, and any action so taken or not
taken shall be deemed consented to by the Lenders. 
 (b) In furtherance of the foregoing, each Lender (in its capacities as a Lender and a
Swingline Lender (if applicable) and on behalf of itself and its Affiliates as potential counterparties to Swap Agreements) and each Issuing Bank (in such capacities and on behalf of itself and its Affiliates as potential counterparties to Swap
Agreements) hereby appoints and authorizes the Collateral Agent to act as the agent of such Lender for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to 

  

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secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Collateral Agent (and
any Subagents appointed by the Collateral Agent pursuant to Section 8.02 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Documents, or for exercising any rights or remedies
thereunder at the direction of the Collateral Agent) shall be entitled to the benefits of this Article VIII (including Section 8.07) as though the Collateral Agent (and any such Subagents) were an “Agent” under the Loan Documents, as
if set forth in full herein with respect thereto. 
 (c) Each Lender (in its capacities as a Lender and a Swingline Lender (if applicable)
and on behalf of itself and its Affiliates as potential counterparties to Swap Agreements) and each Issuing Bank (in such capacities and on behalf of itself and its Affiliates as potential counterparties to Swap Agreements) irrevocably authorizes
each of the Administrative Agent and the Collateral Agent, at its option and in its discretion, (i) to release any Lien on any property granted to or held by the Collateral Agent under any Loan Document (A) upon termination of the
Commitments and payment in full of all Obligations (other than contingent indemnification obligations) and the expiration, termination or cash collateralization of all Letters of Credit, (B) that is sold or to be sold as part of or in
connection with any sale permitted hereunder or under any other Loan Document, or (C) if approved, authorized or ratified in writing in accordance with Section 9.08 hereof, (ii) to release any Guarantor from its obligations under the
Loan Documents if such person ceases to be a Subsidiary as a result of a transaction permitted hereunder; and (iii) to subordinate any Lien on any property granted to or held by the Collateral Agent under any Loan Document to the holder of any
Lien on such property that is permitted by Section 6.02(i) and (j). Upon request by the Administrative Agent or Collateral Agent at any time, the Required Lenders will confirm in writing such Agent’s authority to release its interest in
particular types or items of property, or to release any Guarantor from its obligations under the Loan Documents. 
 (d) In case of the
pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, (i) the Administrative Agent (irrespective of whether the principal
of any Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on any Borrower) shall be entitled and empowered, by intervention in
such proceeding or otherwise (A) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of any or all of the Obligations that are owing and unpaid and to file such other documents as may be
necessary or advisable in order to have the claims of the Lenders, the Issuing Banks and the Administrative Agent and any Subagents allowed in such judicial proceeding, and (B) to collect and receive any monies or other property payable or
deliverable on any such claims and to distribute the same, and (ii) any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and Issuing
Bank to make such payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly to the Lenders and the Issuing Banks, to pay to the Administrative Agent any amount due for the reasonable
compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under the Loan Documents. Nothing contained herein shall be deemed to authorize the
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authorize or consent to or accept or adopt on behalf of any Lender or Issuing Bank any plan of reorganization, arrangement, adjustment or composition
affecting the Obligations or the rights of any Lender or Issuing Bank or to authorize the Administrative Agent to vote in respect of the claim of any Lender or Issuing Bank in any such proceeding. 
 SECTION 8.02. Delegation of Duties. The Administrative Agent may execute any of its duties under this Agreement and the other Loan Documents
(including for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) by or through agents, employees or attorneys-in-fact and shall be entitled to advice of counsel and other consultants or experts concerning all
matters pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it with reasonable care. The Administrative Agent may also from time to time, when
the Administrative Agent deems it to be necessary or desirable, appoint one or more trustees, co-trustees, collateral co-agents, collateral subagents or attorneys-in-fact (each, a “Subagent”) with respect to all or any part of the
Collateral; provided, that no such Subagent shall be authorized to take any action with respect to any Collateral unless and except to the extent expressly authorized in writing by the Administrative Agent. Should any instrument in writing
from any Borrower or any other Loan Party be required by any Subagent so appointed by the Administrative Agent to more fully or certainly vest in and confirm to such Subagent such rights, powers, privileges and duties, such Borrower shall, or shall
cause such Loan Party to, execute, acknowledge and deliver any and all such instruments promptly upon request by the Administrative Agent. If any Subagent, or successor thereto, shall die, become incapable of acting, resign or be removed, all
rights, powers, privileges and duties of such Subagent, to the extent permitted by law, shall automatically vest in and be exercised by the Administrative Agent until the appointment of a new Subagent. The Administrative Agent shall not be
responsible for the negligence or misconduct of any agent, attorney-in-fact or Subagent that it selects in accordance with the foregoing provisions of this Section 8.02 in the absence of the Administrative Agent’s gross negligence or
willful misconduct. 
 SECTION 8.03. Exculpatory Provisions. Neither any Agent or its Affiliates nor any of their respective officers,
directors, employees, agents, attorneys-in-fact or affiliates shall be (a) liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except to the
extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence or willful misconduct) or (b) responsible in any manner
to any of the Lenders for any recitals, statements, representations or warranties made by any Loan Party or any officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement or other document
referred to or provided for in, or received by the Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other
Loan Document or for any failure of any Loan Party a party thereto to perform its obligations hereunder or thereunder. The Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any
of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly
set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative 

  

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Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and
(b) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its
Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default unless and
until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into
(i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection
herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default or Event of Default, (iv) the validity,
enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents,
(v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative
Agent. 
 SECTION 8.04. Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely upon, and shall not incur
any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) or conversation believed by it
to be genuine and to have been signed, sent or otherwise authenticated by the proper person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper person, and
shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to any Credit Event, that by its terms must be fulfilled to the satisfaction of a Lender or any Issuing Bank, the Administrative Agent may
presume that such condition is satisfactory to such Lender or Issuing Bank unless the Administrative Agent shall have received notice to the contrary from such Lender or Issuing Bank prior to such Credit Event. The Administrative Agent may consult
with legal counsel (including counsel to Intermediate Holdings or the Borrowers), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such
counsel, accountants or experts. The Administrative Agent may deem and treat the payee of any Promissory Note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the
Administrative Agent. The Administrative Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Required Lenders (or,
if so specified by this Agreement, all or other Lenders) as it deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense that may be incurred by it by reason of taking or
continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Required Lenders (or,
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taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans. 
 SECTION 8.05. Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or
Event of Default unless the Administrative Agent has received written notice from a Lender, Intermediate Holdings or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice
of default.” In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default or Event of
Default as shall be reasonably directed by the Required Lenders (or, if so specified by this Agreement, all or other Lenders); provided, that unless and until the Administrative Agent shall have received such directions, the Administrative
Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders. 
 SECTION 8.06. Non-Reliance on Agents and Other Lenders. Each Lender expressly acknowledges that neither the Agents nor any of their respective
officers, directors, employees, agents, attorneys-in-fact or affiliates have made any representations or warranties to it and that no act by any Agent hereafter taken, including any review of the affairs of a Loan Party or any affiliate of a Loan
Party, shall be deemed to constitute any representation or warranty by any Agent to any Lender. Each Lender represents to the Agents that it has, independently and without reliance upon any Agent or any other Lender, and based on such documents and
information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates and made its own decision to
make its Loans hereunder and enter into this Agreement. Each Lender also represents that it will, independently and without reliance upon any Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigation as it deems necessary to inform itself as to the business,
operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent
hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness
of any Loan Party or any affiliate of a Loan Party that may come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, attorneys-in-fact or affiliates. 
 SECTION 8.07. Indemnification. Each Lender agrees to indemnify the Administrative Agent and each Issuing Bank in its capacity as such (to the
extent not reimbursed by Intermediate Holdings or the Borrowers and without limiting the obligation of Intermediate Holdings or the Borrowers to do so), in the amount of its pro rata share (based on its aggregate Revolving Facility Exposure,
outstanding Term Loans, Synthetic L/C Exposure and unused Commitments hereunder; provided, that the aggregate principal amount of Swingline Loans owing to any Swingline Lender and of L/C Disbursements owing to any Issuing Bank shall be

  

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considered to be owed to the Revolving Facility Lenders ratably in accordance with their respective Revolving Facility Exposure, from and against any and all
liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever that may at any time (whether before or after the payment of the Loans) be imposed on, incurred by or asserted
against such Agent or such Issuing Bank in any way relating to or arising out of the Commitments, this Agreement, any of the other Loan Documents or any documents contemplated by or referred to herein or therein or the transactions contemplated
hereby or thereby or any action taken or omitted by such Agent or such Issuing Bank under or in connection with any of the foregoing; provided, that no Lender shall be liable for the payment of any portion of such liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements that are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from such Agent’s or such Issuing Bank’s
gross negligence or willful misconduct. The failure of any Lender to reimburse any Agent or any Issuing Bank, as the case may be, promptly upon demand for its ratable share of any amount required to be paid by the Lenders to such Agent or such
Issuing Bank, as the case may be, as provided herein shall not relieve any other Lender of its obligation hereunder to reimburse such Agent or such Issuing Bank, as the case may be, for its ratable share of such amount, but no Lender shall be
responsible for the failure of any other Lender to reimburse such Agent or such Issuing Bank, as the case may be, for such other Lender’s ratable share of such amount. The agreements in this Section 8.07 shall survive the payment of
the Loans and all other amounts payable hereunder. 
 SECTION 8.08. Agent in Its Individual Capacity. Each Agent and its affiliates
may make loans to, accept deposits from, and generally engage in any kind of business with any Loan Party as though such Agent were not an Agent. With respect to its Loans made or renewed by it and with respect to any Letter of Credit issued, or
Letter of Credit or Swingline Loan participated in, by it, each Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not an Agent, and the terms
“Lender” and “Lenders” shall include each Agent in its individual capacity. 
 SECTION 8.09. Successor Administrative
Agent. The Administrative Agent may resign as Administrative Agent upon 10 days’ notice to the Lenders and the Borrowers. If the Administrative Agent shall resign as Administrative Agent under this Agreement and the other Loan Documents,
then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall (unless an Event of Default under Section 7.01(b), (c), (h) or (i) shall have occurred and be continuing) be
subject to approval by the Borrowers (which approval shall not be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Administrative Agent, and the term “Administrative
Agent” shall mean such successor agent effective upon such appointment and approval, and the former Administrative Agent’s rights, powers and duties as Administrative Agent shall be terminated, without any other or further act or deed on
the part of such former Administrative Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has accepted appointment as Administrative Agent by the date that is 10 days following a retiring Administrative
Agent’s notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon become effective, and the retiring Administrative Agent shall, on behalf of the Lenders and the Issuing Banks, appoint a successor
agent which shall (unless an Event of Default under Section 7.01(b), (c), (h) or (i) shall 

  

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have occurred and be continuing) be subject to approval by the Borrower (which approval shall not be unreasonably withheld or delayed). After any retiring
Administrative Agent’s resignation as Administrative Agent, the provisions of this Section 8.09 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement and the
other Loan Documents. 
 SECTION 8.10. Agents and Arrangers. Neither the Co-Syndication Agents nor any of the Co-Lead Arrangers shall
have any duties or responsibilities hereunder in its capacity as such. 
 SECTION 8.11. Certain Italian Matters. Each of the Secured
Parties (other than the Administrative Agent) hereby (a) appoints the Administrative Agent to be its mandatario con rappresentanza (common representative) for the purpose of executing in the name and on behalf of the Secured Parties any
Collateral Agreement which is expressed to be governed by Italian law; (b) grants the Administrative Agent the power to negotiate and approve the terms and conditions of such Collateral Agreement, execute any other agreement or instrument, give
or receive any notice and take any other action in relation to the creation, perfection, maintenance, enforcement and release of the security created thereunder in the name and on behalf of the Secured Parties; and (c) undertakes to ratify and
approve any such action taken in the name and on behalf of the Secured Parties by the Administrative Agent acting in its appointed capacity. 
 SECTION 8.12. Certain Canadian Matters. For greater certainty, and without limiting the powers of the Administrative Agent or any other Person acting as an agent, attorney-in-fact or mandatary for the Administrative Agent under this
Agreement or under any of the other Loan Documents, each Lender, hereby (a) irrevocably constitutes, to the extent necessary, the Administrative Agent as the holder of an irrevocable power of attorney (fondé de pouvoir within the
meaning of Article 2692 of the Civil Code of Québec) for the purposes of holding any Liens, including hypothecs, granted or to be granted by any Borrower or any Loan Party on movable or immovable property pursuant to the laws of the
Province of Quebec to secure obligations of any Borrower or any Loan Party under any bond issued by any Borrower or any Loan Party; and (b) appoints and agrees that the Administrative Agent, acting as agent for the Lenders, may act as the
bondholder and mandatary with respect to any bond that may be issued and pledged from time to time for the benefit of the Lenders. The said constitution of the fondé de pouvoir (within the meaning of Article 2692 of the Civil Code
of Quebec) as the holder of such irrevocable power of attorney and of the Administrative Agent as bondholder and mandatary with respect to any bond that may be issued and pledged from time to time for the benefit of the Lenders shall be deemed
to have been ratified and confirmed by any Assignee by the execution of an Assignment and Assumption. Notwithstanding the provisions of Section 32 of An Act respecting the special powers of legal persons (Quebec), the Administrative
Agent may purchase, acquire and be the holder of any bond issued by any Borrowers or any Loan Party. Each Borrower and Loan Party hereby acknowledges that any such bond shall constitute a title of indebtedness, as such term is used in Article 2692
of the Civil Code of Quebec. 
 SECTION 8.13. Certain German Matters. The obligations under this Agreement of any Foreign Loan
Party incorporated in Germany as a GmbH or GmbH & Co. KG shall be limited as set forth in Section 2.07(b) of the Guarantee Agreement. 
  

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 ARTICLE IX 
 Miscellaneous 
 SECTION 9.01. Notices; Communications. (a) Except in the case of notices
and other communications expressly permitted to be given by telephone (and except as provided in Section 9.01(b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight
courier service, mailed by certified or registered mail or sent by telecopier as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows:

 (i) if to any Loan Party, the Administrative Agent, an Issuing Bank or a Swingline Lender, to the address, telecopier
number, electronic mail address or telephone number specified for such person on Schedule 9.01; and 
 (ii) if to
any other Lender, to the address, telecopier number, electronic mail address or telephone number specified in its Administrative Questionnaire. 
 (b) Notices and other communications to the Lenders and the Issuing Banks hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the
Administrative Agent; provided that the foregoing shall not apply to notices to any Lender or Issuing Bank pursuant to Article II if such Lender or Issuing Bank, as applicable, has notified the Administrative Agent that it is incapable of
receiving notices under such Article by electronic communication. The Administrative Agent or any Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures
approved by it, provided that approval of such procedures may be limited to particular notices or communications. 
 (c) Notices sent
by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received. Notices sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal
business hours for the recipient, shall be deemed to have been given at the opening of business on the next business day for the recipient). Notices delivered through electronic communications to the extent provided in Section 9.01(b) above
shall be effective as provided in such Section 9.01(b). 
 (d) Any party hereto may change its address or telecopy number for notices
and other communications hereunder by notice to the other parties hereto. 
 (e) Documents required to be delivered pursuant to
Section 5.04 (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically (including as set forth in Section 9.17) and if so delivered, shall be deemed to have been delivered on
the date (i) on which the applicable Borrower posts such documents, or provides a link thereto on such Borrower’s website on the Internet at the website address listed on Schedule 9.01, or (ii) on which such documents are
posted on the applicable Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative 

  

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Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided, that (A) the applicable
Borrower shall deliver paper copies of such documents to the Administrative Agent or any Lender that requests such Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or
such Lender, and (B) the applicable Borrower shall notify the Administrative Agent and each Lender (by telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic
versions (i.e., soft copies) of such documents. Notwithstanding anything contained herein, in every instance the Borrowers shall be required to provide paper copies of the certificates required by Section 5.04(c) to the Administrative
Agent. Except for such certificates required by Section 5.04(c), the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility
to monitor compliance by the Borrowers with any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 
 SECTION 9.02. Survival of Agreement. All covenants, agreements, representations and warranties made by the Loan Parties herein, in the other Loan
Documents and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the Lenders and each Issuing Bank and shall
survive the making by the Lenders of the Loans, the execution and delivery of the Loan Documents and the issuance of the Letters of Credit, regardless of any investigation made by such persons or on their behalf, and shall continue in full force and
effect as long as the principal of or any accrued interest on any Loan or L/C Disbursement or any Fee or any other amount payable under this Agreement or any other Loan Document is outstanding and unpaid or any Letter of Credit is outstanding and so
long as the Commitments have not been terminated. Without prejudice to the survival of any other agreements contained herein, indemnification and reimbursement obligations contained herein (including pursuant to Sections 2.15, 2.16, 2.17 and 9.05)
shall survive the payment in full of the principal and interest hereunder, the expiration of the Letters of Credit and the termination of the Commitments or this Agreement. 
 SECTION 9.03. Binding Effect. This Agreement shall become effective when it shall have been executed by Holdings, Intermediate Holdings, the
Borrowers and the Administrative Agent and when the Administrative Agent shall have received copies hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the
benefit of Holdings, Intermediate Holdings, the Borrowers, each Issuing Bank, the Administrative Agent and each Lender and their respective permitted successors and assigns. 
 SECTION 9.04. Successors and Assigns. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns permitted hereby (including any affiliate of an Issuing Bank that issues any Letter of Credit), except that (i) no Borrower may assign or otherwise transfer any of its rights or obligations
hereunder without the prior written consent of each Lender (and any attempted assignment or transfer without such consent shall be null and void), and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in
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Section 9.04. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any person (other than the parties hereto, their
respective successors and assigns permitted hereby (including any Affiliate of an Issuing Bank that issues any Letter of Credit), Participants (to the extent provided in paragraph (c) of this Section 9.04), and, to the extent expressly
contemplated hereby, the Related Parties of each of the Agents, the Issuing Banks and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement or the other Loan Documents. 
 (b) (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may assign to one or more assignees (each, an
“Assignee”) all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it) with the prior written consent (such consent not to be
unreasonably withheld) of: 
 (A) the applicable Borrower; provided, that no consent of any Borrower shall be required
for an assignment to a Lender, an affiliate of a Lender, an Approved Fund (as defined below) or, if an Event of Default under Sections 7.01(b), (c), (h) or (i) has occurred and is continuing, any other person; 
 (B) the Administrative Agent; provided, that no consent of the Administrative Agent shall be required for an assignment of all or
any portion of a Term Loan to a Lender, an Affiliate of a Lender or an Approved Fund; and 
 (C) the Issuing Banks;
provided that no consent of the Issuing Banks shall be required for an assignment of all or any portion of a Term Loan. 
 (ii) Assignments shall be subject to the following additional conditions: 
 (A) except in the case of an assignment
to a Lender, an affiliate of a Lender or an Approved Fund or an assignment of the entire remaining amount of the assigning Lender’s Commitments or Loans, the amount of the Commitments or Loans of the assigning Lender subject to each such
assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent) shall not be less than (1) in the case of Term Loans, 1.0 million units of the currency of such
Loans or Commitments, as applicable, (2) in the case of Synthetic L/C Commitments, $1.0 million of such Commitments and (3) in the case of Revolving Facility Loans or Revolving Facility Commitments, 5.0 million units of the currency
of such Loans or Commitments, as applicable, unless each of the applicable Borrower and the Administrative Agent otherwise consent; provided, that no such consent of any Borrower shall be required if an Event of Default under Sections
7.01(b), (c), (h) or (i) has occurred and is continuing; 
 (B) the parties to each assignment shall execute and
deliver to the Administrative Agent an Assignment and Acceptance, and shall pay to the Administrative Agent a processing and recordation fee of $3,500 (which fee may be waived or reduced in the sole discretion of the Administrative Agent);

  

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 (C) the Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent
(1) an Administrative Questionnaire in which the assignee designates one or more Credit Contacts (as defined in the Administrative Questionnaire) to whom all syndicate-level information (which may contain material non-public information about
the Borrowers, the other Loan Parties and their related parties or their respective securities) will be made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable laws, including
Federal and state securities laws, and (2) all applicable tax forms; and 
 (D) the Assignee shall not be a Borrower or
any Affiliate or Subsidiary of any Borrower. 
 For the purposes of this Section 9.04, “Approved Fund” means any person (other than a
natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or
(c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 (iii) Subject to acceptance and recording thereof
pursuant to paragraph (b)(v) below, from and after the effective date specified in each Assignment and Acceptance the Assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance,
have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the
case of an Assignment and Acceptance covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.15, 2.16, 2.17
and 9.05). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 9.04 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such
rights and obligations in accordance with paragraph (c) of this Section 9.04. 
 (iv) The Administrative Agent, acting for this
purpose as an agent of the Borrowers, shall maintain at one of its offices a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal
amount of the Loans and Revolving L/C Exposure owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrowers, the Administrative Agent, the
Issuing Banks and the Lenders may treat each person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available
for inspection by the Borrowers, the Issuing Banks and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 
 (v) Upon its receipt of a duly completed Assignment and Acceptance executed by an assigning Lender and an Assignee, the Assignee’s completed Administrative Questionnaire (unless the Assignee shall already be a Lender hereunder), all
applicable tax forms, the processing and recordation fee referred to in paragraph (b) of this Section and any written consent to such assignment required by paragraph (b) of this Section, the Administrative 

  

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Agent shall promptly accept such Assignment and Acceptance and record the information contained therein in the Register. No assignment, whether or not
evidenced by a promissory note, shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph (b)(v). 
 (c) (i) Any Lender may, without the consent of any Borrower or the Administrative Agent, sell participations to one or more banks or other entities (a “Participant”) in all or a portion of such
Lender’s rights and obligations under this Agreement (including all or a portion of its Commitments and the Loans owing to it); provided, that (A) such Lender’s obligations under this Agreement shall remain unchanged,
(B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (C) the Borrowers, the Administrative Agent, the Issuing Banks and the other Lenders shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce
this Agreement and the other Loan Documents and to approve any amendment, modification or waiver of any provision of this Agreement and the other Loan Documents; provided, that (x) such agreement may provide that such Lender will not,
without the consent of the Participant, agree to any amendment, modification or waiver that (1) requires the consent of each Lender directly affected thereby pursuant to Section 9.04(a)(i) or clauses (i), (ii), (iii), (iv),
(v) or (vi) of the first proviso to Section 9.08(b) and (2) directly affects such Participant and (y) no other agreement with respect to amendment, modification or waiver may exist between such Lender and such Participant.
Subject to paragraph (c)(ii) of this Section 9.04, each Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.15, 2.16 and 2.17 to the same extent as if it were a Lender and had acquired its interest by
assignment pursuant to paragraph (b) of this Section 9.04. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.06 as though it were a Lender, provided such Participant shall be
subject to Section 2.18(c) as though it were a Lender. 
 (ii) A Participant shall not be entitled to receive any greater payment under
Section 2.15, 2.16 or 2.17 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the applicable
Borrower’s prior written consent. A Participant shall not be entitled to the benefits of Section 2.17 to the extent such Participant fails to comply with Section 2.17(e) and (f) as though it were a Lender. 
 (d) Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of
such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank and this Section 9.04 shall not apply to any such pledge or assignment of a security interest; provided, that no such pledge or assignment of
a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or Assignee for such Lender as a party hereto. 
 (e) Each Borrower, upon receipt of written notice from the relevant Lender, agrees to issue Promissory Notes to any Lender requiring Promissory Notes to facilitate transactions of the type described in
paragraph (d) above. 
  

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 (f) Notwithstanding the foregoing, any Conduit Lender may assign any or all of the Loans it may have
funded hereunder to its designating Lender without the consent of any Borrower or the Administrative Agent. Each of Holdings, Intermediate Holdings, each Borrower, each Lender and the Administrative Agent hereby confirms that it will not institute
against a Conduit Lender or join any other person in instituting against a Conduit Lender any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding under any state bankruptcy or similar law, for one year and one day after the
payment in full of the latest maturing commercial paper note issued by such Conduit Lender; provided, however, that each Lender designating any Conduit Lender hereby agrees to indemnify, save and hold harmless each other party hereto
and each Loan Party for any loss, cost, damage or expense arising out of its inability to institute such a proceeding against such Conduit Lender during such period of forbearance. 
 (g) If the Borrowers wish to replace the Loans or Commitments under any Facility or the Credit-Linked Deposits with ones having different terms, it shall
have the option, with the consent of the Administrative Agent and subject to at least three Business Days’ advance notice to the Lenders under such Facility or the Synthetic L/C Lenders, as applicable, instead of prepaying the Loans or reducing
or terminating the Commitments or the Credit-Linked Deposits to be replaced, to (i) require the Lenders under such Facility or the Synthetic L/C Lenders, as applicable, to assign such Loans or Commitments or Credit-Linked Deposits to the
Administrative Agent or its designees and (ii) amend the terms thereof in accordance with Section 9.08 (with such replacement, if applicable, being deemed to have been made pursuant to Section 9.08(d)). Pursuant to any such
assignment, all Loans and Commitments or Credit-Linked Deposits to be replaced shall be purchased at par (allocated among the Lenders under such Facility or the Synthetic L/C Lenders, as applicable, in the same manner as would be required if such
Loans were being optionally prepaid or such Commitments or Credit-Linked Deposits were being optionally reduced or terminated by the Borrowers), accompanied by payment of any accrued interest and fees thereon and any other amounts owing pursuant to
this Agreement. By receiving such purchase price, the Lenders under such Facility or the Synthetic L/C Lenders, as applicable, shall automatically be deemed to have assigned the Loans or Commitments under such Facility or the Credit-Linked Deposits,
as applicable, pursuant to the terms of the form of Assignment and Acceptance attached hereto as Exhibit A, and accordingly no other action by such Lenders shall be required in connection therewith. The provisions of this paragraph (g) are
intended to facilitate the maintenance of the perfection and priority of existing security interests in the Collateral during any such replacement. 
 (h) Notwithstanding the foregoing, no assignment may be made or participation sold to an Ineligible Institution without the prior written consent of the applicable Borrower. 
 SECTION 9.05. Expenses; Indemnity. (a) Each Borrower agrees to pay (i) all reasonable out-of-pocket expenses (including Other Taxes)
incurred by the Administrative Agent in connection with the preparation of this Agreement and the other Loan Documents, or by the Administrative Agent in connection with the syndication of the Commitments or the administration of this Agreement
(including expenses incurred in connection with due diligence and initial and ongoing Collateral examination to the extent incurred with the reasonable prior approval of the Borrowers and the reasonable fees, disbursements and charges for no more
than 

  

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one counsel in each jurisdiction where Collateral is located) or in connection with the administration of this Agreement and any amendments, modifications or
waivers of the provisions hereof or thereof (whether or not the Transactions hereby contemplated shall be consummated), including the reasonable fees, charges and disbursements of Cravath, Swaine & Moore LLP, counsel for the Administrative
Agent, the Collateral Agent and the Co-Lead Arrangers, and, if necessary, the reasonable fees, charges and disbursements of one local counsel per jurisdiction; and (ii) all out-of-pocket expenses (including Other Taxes) incurred by the
Administrative Agent or any Lender in connection with the enforcement or protection of their rights in connection with this Agreement and the other Loan Documents, in connection with the Loans made or the Letters of Credit issued hereunder,
including the fees, charges and disbursements of counsel for the Administrative Agent (including any special and local counsel). 
 (b) Each
Borrower agrees to indemnify the Administrative Agent, the Agents, the Co-Lead Arrangers, each Issuing Bank, each Lender, each of their respective Affiliates and each of their respective directors, trustees, officers, employees, agents, trustees and
advisors (each such person being called an “Indemnitee”) against, and to hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses, including reasonable counsel fees, charges and
disbursements (except the allocated costs of in-house counsel), incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of (i) the execution or delivery of this Agreement or any other Loan
Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto and thereto of their respective obligations thereunder or the consummation of the Transactions and the other transactions contemplated
hereby, (ii) the use of the proceeds of the Loans or the use of any Letter of Credit or (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether or not any Indemnitee is a party thereto, and
regardless of whether any of the foregoing is raised or initiated by a third party or Intermediate Holdings, any Borrower or any other Loan Party or any Subsidiary; provided, that such indemnity shall not, as to any Indemnitee, be available
to the extent that such losses, claims, damages, liabilities or related expenses are determined by a final, non-appealable judgment of a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of such
Indemnitee (for purposes of this proviso only, each of the Administrative Agent, the Co-Syndication Agents, any Co-Lead Arranger, any Issuing Bank or any Lender shall be treated as several and separate Indemnitees, but each of them together with its
respective Related Parties, shall be treated as a single Indemnitee). Subject to and without limiting the generality of the foregoing sentence, each Borrower agrees to indemnify each Indemnitee against, and hold each Indemnitee harmless from, any
and all losses, claims, damages, liabilities and related expenses, including reasonable counsel or consultant fees, charges and disbursements (limited to not more than one counsel, plus, if necessary, one local counsel per jurisdiction) (except the
allocated costs of in-house counsel), incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of (A) any claim related in any way to Environmental Laws and Holdings, Intermediate Holdings, any
Borrower or any of the Subsidiaries, or (B) any actual or alleged presence, Release or threatened Release of Hazardous Materials at, under, on or from any property currently or formerly owned or operated by Holdings, Intermediate Holdings, any
Borrower or any of the Subsidiaries; provided, that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent
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any of its Related Parties. None of the Indemnitees (or any of their respective affiliates) shall be responsible or liable to Holdings, Intermediate
Holdings, any Borrower or any of their respective subsidiaries, Affiliates or stockholders or any other person or entity for any special, indirect, consequential or punitive damages, which may be alleged as a result of the Revolving Credit Facility
or the Transactions. The provisions of this Section 9.05 shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the consummation of the transactions contemplated hereby, the repayment of
any of the Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Administrative Agent, any Issuing Bank or any Lender. All amounts due
under this Section 9.05 shall be payable on written demand therefor accompanied by reasonable documentation with respect to any reimbursement, indemnification or other amount requested. 
 (c) Except as expressly provided in Section 9.05(a) with respect to Other Taxes, which shall not be duplicative with any amounts paid pursuant to
Section 2.17, this Section 9.05 shall not apply to Taxes. 
 (d) To the fullest extent permitted by applicable law, Holdings,
Intermediate Holdings and the Borrowers shall not assert, and hereby waive, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out
of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof.
No Indemnitee shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with
this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby. 
 (e) The agreements in this
Section 9.05 shall survive the resignation of the Administrative Agent, any Issuing Bank, the replacement of any Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all the other Obligations and the
termination of this Agreement. 
 SECTION 9.06. Right of Set-off. If an Event of Default shall have occurred and be continuing, each
Lender and each Issuing Bank is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and
other indebtedness at any time owing by such Lender or such Issuing Bank to or for the credit or the account of Holdings (prior to a Qualified IPO of Holdings), Intermediate Holdings (prior to a Qualified IPO of Intermediate Holdings) or any
Subsidiary against any of and all the obligations of Holdings (prior to a Qualified IPO of Holdings), Intermediate Holdings (prior to a Qualified IPO of Intermediate Holdings) or any Subsidiary now or hereafter existing under this Agreement or any
other Loan Document held by such Lender or such Issuing Bank, irrespective of whether or not such Lender or such Issuing Bank shall have made any demand under this Agreement or such other Loan Document and although the obligations may be unmatured.
The rights of each Lender and each Issuing Bank under this Section 9.06 are in addition to other rights and remedies (including other rights of set-off) that such Lender or such Issuing Bank may have. 
  

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 SECTION 9.07. Applicable Law. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (OTHER THAN LETTERS OF
CREDIT AND AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 9.08. Waivers; Amendment. (a) No failure or delay of the Administrative Agent, any Issuing Bank or any Lender in exercising any right or power hereunder or under any Loan Document shall operate as a waiver thereof, nor
shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights
and remedies of the Administrative Agent, each Issuing Bank and the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of
this Agreement or any other Loan Document or consent to any departure by Holdings, Intermediate Holdings, any Borrower or any other Loan Party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) below,
and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on Holdings, Intermediate Holdings, any Borrower or any other Loan Party in any case shall entitle such person
to any other or further notice or demand in similar or other circumstances. 
 (b) Neither this Agreement nor any other Loan Document nor any
provision hereof or thereof may be waived, amended or modified except (x) as provided in Section 2.21, (y) in the case of this Agreement, pursuant to an agreement or agreements in writing entered into by Holdings (prior to a Qualified
IPO of Holdings), Intermediate Holdings (prior to a Qualified IPO of Intermediate Holdings), the Borrowers and the Required Lenders (or, in respect of any waiver, amendment or modification of Section 6.11, the Majority Lenders under the
Revolving Credit Facility rather than the Required Lenders), and (z) in the case of any other Loan Document, pursuant to an agreement or agreements in writing entered into by each party thereto and the Administrative Agent and consented to by
the Required Lenders; provided, however, that no such agreement shall 
 (i) decrease or forgive the principal
amount of, or extend the final maturity of, or decrease the rate of interest on, any Loan or any L/C Disbursement, or extend the stated expiration of any Letter of Credit beyond the Revolving Facility Maturity Date, or extend the date on which the
Credit-Linked Deposits are required to be returned in full to the Synthetic L/C Lenders, without the prior written consent of each Lender directly affected thereby, except as provided in Section 2.05(c); provided, no amendment to the
financial covenant definitions in this Agreement shall constitute a reduction in the rate of interest for purposes of this clause (i); 
 (ii) increase or extend the Commitment of any Lender or decrease the Commitment Fees or L/C Participation Fees or other fees of any Lender without the prior written consent of such Lender (it being understood that
waivers or modifications of conditions precedent, covenants, Defaults or Events of Default or of a mandatory reduction in the aggregate Commitments shall not constitute an increase of the Commitments of any Lender); 
  

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 (iii) extend any date on which payment of interest on any Loan or any L/C Disbursement or
any Fees is due, without the prior written consent of each Lender adversely affected thereby; 
 (iv) amend the provisions of
Section 5.02 of the Collateral Agreement in a manner that would by its terms alter the pro rata sharing of payments required thereby, without the prior written consent of each Lender adversely affected thereby; 
 (v) amend or modify the provisions of this Section 9.08 or the definition of the term “Required Lenders”, “Majority
Lenders” or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or make any determination or grant any consent hereunder, without the prior written consent of each
Lender adversely affected thereby (it being understood that, with the consent of the Required Lenders, additional extensions of credit pursuant to this Agreement may be included in the determination of the Required Lenders on substantially the same
basis as the Loans and Commitments are included on the Closing Date); 
 (vi) release all or substantially all the Collateral
or release any of Holdings (prior to a Qualified IPO), Intermediate Holdings, any Borrower or all or substantially all of the Subsidiary Loan Parties from their respective Guarantees under the Collateral Agreement, unless, in the case of a
Subsidiary Loan Party, all or substantially all the Equity Interests of such Subsidiary Loan Party is sold or otherwise disposed of in a transaction permitted by this Agreement, without the prior written consent of each Lender; 
 (vii) effect any waiver, amendment or modification that by its terms adversely affects the rights in respect of payments or collateral of
Lenders participating in any Facility or Tranche differently from those of Lenders participating in another Facility or Tranche, as the case may be, without the consent of the Majority Lenders participating in the adversely affected Facility or
Tranche, as the case may be (it being agreed that the Required Lenders may waive, in whole or in part, any prepayment or Commitment reduction required by Section 2.11 so long as the application of any prepayment or Commitment reduction still
required to be made is not changed); or 
 (viii) add any Borrower under any Facility or Tranche without the prior written
consent of each Lender under such Facility or such Tranche, as the case may be; 
 provided, further, that any waiver, amendment or
modification of this Agreement that by its terms affects the rights or duties under this Agreement of Lenders holding Loans or Commitments of a particular Facility or Tranche (but not the Lenders holding Loans or Commitments of any other Facility or
Tranche) may be effected by an agreement or agreements in writing entered into by Holdings, Intermediate Holdings, the Borrowers and the requisite percentage in interest of the Lenders of the affected Facility or Tranche, as the case may be (and
without the consent of the Required Lenders), that would be required to consent thereto if such Facility or Tranche were the only Facility or Tranche, as the case may be, hereunder at the time; and provided further, that no such agreement
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or duties of the Administrative Agent or an Issuing Bank hereunder without the prior written consent of the Administrative Agent or such Issuing Bank, as the
case may be, acting as such at the effective date of such agreement, as applicable. Each Lender shall be bound by any waiver, amendment or modification authorized by this Section 9.08 and any consent by any Lender pursuant to this
Section 9.08 shall bind any assignee of such Lender. 
 (c) Without the consent of the Co-Syndication Agents or any Co-Lead Arranger or
Lender or Issuing Bank, the Loan Parties and the Administrative Agent may (in their respective sole discretion, or shall, to the extent required by any Loan Document) enter into any amendment, modification or waiver of any Loan Document, or enter
into any new agreement or instrument, to effect the granting, perfection, protection, expansion or enhancement of any security interest in any Collateral or additional property to become Collateral for the benefit of the Secured Parties, or as
required by local law to give effect to, or protect any security interest for the benefit of the Secured Parties, in any property or so that the security interests therein comply with applicable law. 
 (d) Notwithstanding the foregoing, this Agreement may be amended (or amended and restated) with the written consent of the Required Lenders, the
Administrative Agent, Holdings, Intermediate Holdings and the Borrowers (a) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time outstanding thereunder and the accrued
interest and fees in respect thereof to share ratably in the benefits of this Agreement and the other Loan Documents with the Term Loans, Revolving Facility Loans and Synthetic L/C Commitments and the accrued interest and fees in respect thereof and
(b) to include appropriately the Lenders holding such credit facilities in any determination of the Required Lenders. 
 (e)
Notwithstanding the foregoing, technical and conforming modifications to the Loan Documents may be made with the consent of the Borrowers and the Administrative Agent to the extent necessary to integrate any Incremental Term Loan Commitments,
Incremental Revolving Facility Commitments or Incremental Synthetic L/C Commitments on substantially the same basis as the Term Loans, Revolving Facility Loans or Synthetic L/C Commitments, as the case may be. 
 SECTION 9.09. Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the applicable interest rate, together
with all fees and charges that are treated as interest under applicable law (collectively, the “Charges”), as provided for herein or in any other document executed in connection herewith, or otherwise contracted for, charged,
received, taken or reserved by any Lender or any Issuing Bank, shall exceed the maximum lawful rate (the “Maximum Rate”) that may be contracted for, charged, taken, received or reserved by such Lender in accordance with applicable
law, the rate of interest payable hereunder, together with all Charges payable to such Lender or such Issuing Bank, shall be limited to the Maximum Rate; provided, that such excess amount shall be paid to such Lender or such Issuing Bank on
subsequent payment dates to the extent not exceeding the legal limitation. 
 SECTION 9.10. Entire Agreement. This Agreement, the
other Loan Documents and the agreements regarding certain Fees referred to herein constitute the entire contract between the parties relative to the subject matter hereof. Any previous agreement among or 

  

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representations from the parties or their Affiliates with respect to the subject matter hereof is superseded by this Agreement and the other Loan Documents.
Notwithstanding the foregoing, the Administrative Fee Letter shall survive the execution and delivery of this Agreement and remain in full force and effect. Nothing in this Agreement or in the other Loan Documents, expressed or implied, is intended
to confer upon any party other than the parties hereto and thereto any rights, remedies, obligations or liabilities under or by reason of this Agreement or the other Loan Documents. 
 SECTION 9.11. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE
TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF
ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO
THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11. 
 SECTION 9.12. Severability. In the event any one or more of the provisions contained in this Agreement or in any other Loan Document should be held invalid, illegal or unenforceable in any respect, the
validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or
unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION 9.13. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall constitute an original but all of which, when taken together, shall constitute but one contract, and
shall become effective as provided in Section 9.03. Delivery of an executed counterpart to this Agreement by facsimile transmission (or other electronic transmission pursuant to procedures approved by the Administrative Agent) shall be as
effective as delivery of a manually signed original. 
 SECTION 9.14. Headings. Article and Section headings and the Table of
Contents used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 
 SECTION 9.15. Jurisdiction; Consent to Service of Process. (a) Each of the parties hereto hereby irrevocably and unconditionally submits, for
itself and its property, to the nonexclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York City, and any appellate court from any thereof (collectively, “New York
Courts”), in any action or proceeding arising out of or relating to this Agreement or the 

  

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other Loan Documents, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that
all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action or
proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that any party may otherwise have to bring any action or
proceeding relating to this Agreement or any of the other Loan Documents in the courts of any jurisdiction, except that each of the Loan Parties agrees that (a) it will not bring any such action or proceeding in any court other than New York
Courts (it being acknowledged and agreed by the parties hereto that any other forum would be inconvenient and inappropriate in view of the fact that more of the Lenders who would be affected by any such action or proceeding have contacts with the
State of New York than any other jurisdiction), and (b) in any such action or proceeding brought against any Loan Party in any other court, it will not assert any cross-claim, counterclaim or setoff, or seek any other affirmative relief, except
to the extent that the failure to assert the same will preclude such Loan Party from asserting or seeking the same in the New York Courts. 
 (b) Each of the parties hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Agreement or the other Loan Documents in any New York State or federal court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient
forum to the maintenance of such action or proceeding in any such court. 
 SECTION 9.16. Confidentiality. Each of the Lenders, each
Issuing Bank and each of the Agents agrees that it shall maintain in confidence any information (the “Information”) relating to Holdings, Intermediate Holdings, any Borrower and any Subsidiary furnished to it by or on behalf of
Holdings, Intermediate Holdings, any Borrower or any Subsidiary (other than information that (a) has become generally available to the public other than as a result of a disclosure by such party, (b) has been independently developed by
such Lender, such Issuing Bank or such Agent without violating this Section 9.16 or (c) was available to such Lender, such Issuing Bank or such Agent from a third party having, to such person’s knowledge, no obligations of
confidentiality to Holdings, Intermediate Holdings, any Borrower or any other Loan Party) and shall not reveal the same other than to its directors, trustees, officers, employees and advisors with a need to know or to any person that approves or
administers the Loans on behalf of such Lender (so long as each such person shall have been instructed to keep the same confidential in accordance with this Section 9.16), except: (A) to the extent necessary to comply with law or any legal
process or the requirements of any Governmental Authority, the National Association of Insurance Commissioners or of any securities exchange on which securities of the disclosing party or any Affiliate of the disclosing party are listed or traded,
(B) as part of normal reporting or review procedures to, or examinations by, Governmental Authorities or self-regulatory authorities, including the National Association of Insurance Commissioners or the National Association of Securities
Dealers, Inc., (C) to its parent companies, Affiliates or auditors (so long as each such person shall have been instructed to keep the same confidential in accordance with this Section 9.16), (D) in order to enforce its rights under
any Loan Document in a legal proceeding, (E) to any pledgee under Section 9.04(d) or any other prospective assignee of, or prospective Participant in, any of its 

  

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rights under this Agreement (so long as such person shall have been instructed to keep the same confidential in accordance with this Section 9.16) and
(F) to any direct or indirect contractual counterparty in Swap Agreements or such contractual counterparty’s professional advisor (so long as such contractual counterparty or professional advisor to such contractual counterparty agrees to
be bound by the provisions of this Section 9.16). 
 EACH LENDER ACKNOWLEDGES THAT INFORMATION AS DEFINED IN SECTION 9.16 FURNISHED
TO IT PURSUANT TO THIS AGREEMENT MAY INCLUDE MATERIAL NON-PUBLIC INFORMATION CONCERNING INTERMEDIATE HOLDINGS, THE BORROWERS AND THEIR AFFILIATES OR THEIR RESPECTIVE SECURITIES, AND CONFIRMS THAT IT HAS DEVELOPED COMPLIANCE PROCEDURES REGARDING THE
USE OF MATERIAL NON-PUBLIC INFORMATION AND THAT IT WILL HANDLE SUCH MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH THOSE PROCEDURES AND APPLICABLE LAW, INCLUDING FEDERAL AND STATE SECURITIES LAWS. 
 ALL INFORMATION, INCLUDING WAIVERS AND AMENDMENTS, FURNISHED BY HOLDINGS, INTERMEDIATE HOLDINGS, THE BORROWERS OR THE ADMINISTRATIVE AGENT PURSUANT
TO, OR IN THE COURSE OF ADMINISTERING, THIS AGREEMENT WILL BE SYNDICATE-LEVEL INFORMATION, WHICH MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION ABOUT HOLDINGS, INTERMEDIATE HOLDINGS, THE BORROWERS, THE LOAN PARTIES AND THEIR RELATED PARTIES OR THEIR
RESPECTIVE SECURITIES. ACCORDINGLY, EACH LENDER REPRESENTS TO HOLDINGS, INTERMEDIATE HOLDINGS, THE BORROWERS AND THE ADMINISTRATIVE AGENT THAT IT HAS IDENTIFIED IN ITS ADMINISTRATIVE QUESTIONNAIRE A CREDIT CONTACT WHO MAY RECEIVE INFORMATION THAT
MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH ITS COMPLIANCE PROCEDURES AND APPLICABLE LAW. 
 SECTION 9.17.
Platform; Borrower Materials. Each Borrower hereby acknowledges that (a) the Administrative Agent and/or the Co-Lead Arrangers will make available to the Lenders and the Issuing Banks materials and/or information provided by or on behalf
of the Borrowers hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks or another similar electronic system (the “Platform”), and (b) certain of the Lenders may be
“public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to Holdings, Intermediate Holdings, the Borrowers or their respective securities) (each, a “Public
Lender”). Each Borrower hereby agrees that it will use commercially reasonable efforts to identify that portion of the Borrower Materials that may not be distributed to the Public Lenders and that (i) all such Borrower Materials shall
be clearly and conspicuously marked “PRIVATE” which, at a minimum, shall mean that the word “PRIVATE” shall appear prominently on the first page thereof, (ii) by not marking Borrower Materials “PRIVATE,” the
Borrower shall be deemed to have authorized the Administrative Agent, the Co-Lead Arrangers, the Issuing Banks and the Lenders to treat such Borrower Materials as either publicly available information or not material information (although it may be
sensitive and proprietary) with respect to Holdings, Intermediate Holdings, the Borrowers or their respective securities for purposes of United States Federal and state securities laws, (iii) all Borrower 

  

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Materials not marked “PRIVATE” are permitted to be made available through a portion of the Platform designated “Public Investor;” and
(iv) the Administrative Agent and the Co-Lead Arrangers shall be entitled to treat any Borrower Materials that are marked “PRIVATE” as being suitable only for posting on a portion of the Platform not designated “Public
Investor.” 
 SECTION 9.18. Release of Liens and Guarantees. In the event that any Loan Party conveys, sells, leases, assigns,
transfers or otherwise disposes of all or any portion of any of the Equity Interests or assets of any Subsidiary Loan Party to a person that is not (and is not required to become) a Loan Party in a transaction not prohibited by Section 6.05,
the Administrative Agent shall promptly (and the Lenders hereby authorize the Administrative Agent to) take such action and execute any such documents as may be reasonably requested by Holdings, Intermediate Holdings or any Borrower and at such
Borrower’s expense to release any Liens created by any Loan Document in respect of such Equity Interests or assets, and, in the case of a disposition of the Equity Interests of any Subsidiary Loan Party in a transaction permitted by
Section 6.05 and as a result of which such Subsidiary Loan Party would cease to be a Subsidiary, terminate such Subsidiary Loan Party’s obligations under its Guarantee. In addition, the Administrative Agent agrees to take such actions as
are reasonably requested by Holdings, Intermediate Holdings or any Borrower and at such Borrower’s expense to terminate the Liens and security interests created by the Loan Documents when all the Obligations under the Loan Documents (other than
contingent indemnification Obligations) are paid in full and all Letters of Credit and Commitments are terminated. In addition, immediately prior to the consummation of a Qualified IPO, the Guarantee incurred by (i) Holdings and (ii) in
the case of a Qualified IPO of Intermediate Holdings, Intermediate Holdings of the Obligations and any related security and/or pledge arrangements shall automatically terminate. Any representation, warranty or covenant contained in any Loan Document
relating to any such Equity Interests, asset or subsidiary of Holdings shall no longer be deemed to be made once such Equity Interests or asset is so conveyed, sold, leased, assigned, transferred or disposed of. 
 SECTION 9.19. Judgment Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any
other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the
Business Day preceding that on which final judgment is given. The obligation of each Borrower in respect of any such sum due from it to the Administrative Agent or the Lenders hereunder or under the other Loan Documents shall, notwithstanding any
judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the
extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with
the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from any Borrower in the Agreement Currency, such Borrower agrees, as a separate obligation and
notwithstanding any such judgment, to indemnify the Administrative Agent or the person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to the
Administrative Agent in such currency, the 

  

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Administrative Agent agrees to return the amount of any excess to such Borrower (or to any other person who may be entitled thereto under applicable law).

 SECTION 9.20. USA PATRIOT Act Notice. Each Lender that is subject to the Act (as hereinafter defined) and the Administrative Agent
(for itself and not on behalf of any Lender) hereby notifies the Borrowers that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required to
obtain, verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information that will allow such Lender or the Administrative Agent, as applicable, to identify each
Loan Party in accordance with the Act. 
 SECTION 9.21. General Electric Capital Corporation. General Electric Company and certain
other affiliates of General Electric Capital Corporation (“GECC”) are, collectively, the Seller and will receive the purchase price being paid in the Acquisition. Certain of these affiliates will continue to have interests in
Holdings following the consummation of the Transactions, either in the form of debt claims or equity interests. In addition, following the consummation of the Transactions, certain of these GECC affiliates may also have ongoing material business and
contractual relationships with the entities comprising the Acquired Business, including, but not limited to, the provision of goods and/or services to the entities comprising the Acquired Business. Each party hereto acknowledges that these competing
interests of GECC’s affiliates might pose a conflict of interest and consents to GECC acting as a Co-Syndication Agent and as a Lender notwithstanding the competing interests of GECC’s affiliates. 
 SECTION 9.22. Power of Attorney. Each Lender (including the Swingline Lender) and each Issuing Bank hereby (i) authorizes the Administrative
Agent as its agent and attorney to execute and deliver, on behalf of and in the name of such Lender or Issuing Bank, all and any Loan Documents (including Security Documents and related documentation), (ii) authorizes the Administrative Agent
to appoint any further agents or attorneys to execute and deliver, or otherwise to act, on behalf of and in the name of the Administrative Agent for any such purpose and (iii) authorizes the Administrative Agent to delegate its powers under
this power of attorney and to do any and all acts and to make and receive all declarations that are deemed necessary or appropriate to the Administrative Agent. The Lenders and the Issuing Banks hereby relieve the Administrative Agent from the
self-dealing restrictions imposed by Section 181 of the German Civil Code and the Administrative Agent may also relieve agents, delegates and attorneys appointed pursuant to the powers granted under this Section 9.22 from the restrictions
imposed by Section 181 of the German Civil Code. 
 ARTICLE X 
 Collection Allocation Mechanism 
 SECTION 10.01. Implementation of CAM.
(a) On the CAM Exchange Date, (i) each Revolving Facility Lender shall immediately be deemed to have acquired (and shall promptly make payment therefor to the Administrative Agent in accordance with Section 2.04(c)) participations in
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amount equal to such Lender’s Pro Rata Share of each such Swingline Loan outstanding on such date, (ii) simultaneously with the automatic
conversions pursuant to clause (iii) below, the Lenders shall automatically and without further act (and without regard to the provisions of Section 9.04 (but which such provisions shall remain applicable following such exchange)) be
deemed to have exchanged interests in the Loans (other than the Swingline Loans) and participations in Swingline Loans and Letters of Credit, such that in lieu of the interest of each Lender in each Loan and Letter of Credit in which it shall
participate as of such date (including such Lender’s interest in the Obligations of each Loan Party in respect of each such Loan and Letter of Credit), such Lender shall hold an interest in every one of the Loans (other than the Swingline
Loans) and a participation in every one of the Swingline Loans and Letters of Credit (including the Obligations of each Loan Party in respect of each such Loan, each Credit-Linked Deposit and each Reserve Account established pursuant to
Section 10.02), whether or not such Lender shall previously have participated therein, equal to such Lender’s CAM Percentage thereof and (iii) simultaneously with the deemed exchange of interests pursuant to clause (ii) above,
the interests in the Loans to be received in such deemed exchange shall, automatically and with no further action required, be converted into the Dollar Equivalent, determined using the applicable Spot Rates calculated as of such date, of such
amount and on and after such date all amounts accruing and owed to the Lenders in respect of such Obligations shall accrue and be payable in Dollars at the rate otherwise applicable hereunder. It is understood and agreed that the CAM Exchange, in
itself, will not affect the aggregate amount of the Obligations (as defined in the Collateral Agreement) owing by each of (1) the Domestic Loan Parties and (2) the Foreign Loan Parties, on the CAM Exchange Date. Each Lender and each Loan
Party hereby consents and agrees to the CAM Exchange, and each Lender agrees that the CAM Exchange shall be binding upon its successors and assigns and any person that acquires a participation in its interests in any Loan or any participation in any
Swingline Loan or Letter of Credit. Each Loan Party agrees from time to time to execute and deliver to the Administrative Agent all such promissory notes and other instruments and documents as the Administrative Agent shall reasonably request to
evidence and confirm the respective interests of the Lenders after giving effect to the CAM Exchange, and each Lender agrees to surrender any promissory notes originally received by it in connection with its Loans hereunder to the Administrative
Agent against delivery of any promissory notes evidencing its interests in the Loans so executed and delivered; provided, however, that the failure of any Loan Party to execute or deliver or of any Lender to accept any such promissory
note, instrument or document shall not affect the validity or effectiveness of the CAM Exchange. 
 (b) As a result of
the CAM Exchange, upon and after the CAM Exchange Date, each payment received by the Administrative Agent pursuant to any Loan Document in respect of the Obligations, each release by the Administrative Agent to the Lenders of Credit-Linked Deposits
from the Credit-Linked Deposit Account, and each distribution made by the Administrative Agent pursuant to any Security Document in respect of the Obligations, shall be distributed to the Lenders pro rata in accordance with their respective CAM
Percentages. Any direct payment received by a Lender on or after the CAM Exchange Date, including by way of set-off, in respect of an Obligation shall be paid over to the Administrative Agent for distribution to the Lenders in accordance herewith.

 SECTION 10.02. Letters of Credit. (a) In the event that on the CAM Exchange Date any Revolving Letter of Credit shall be
outstanding and undrawn in whole or in part, or any 

  

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Revolving L/C Disbursement shall not have been reimbursed by the applicable Borrower or with the proceeds of a Revolving Borrowing or Swingline Borrowing,
each Revolving Facility Lender shall promptly pay over to the Administrative Agent, in immediately available funds, an amount in U.S. Dollars equal to such Lender’s Pro Rata Share of such undrawn face amount or (to the extent it has not already
done so) such unreimbursed drawing, as applicable, together with interest thereon from the CAM Exchange Date to the date on which such amount shall be paid to the Administrative Agent at the rate that would be applicable at the time to an ABR
Revolving Loan in a principal amount equal to such undrawn face amount or unreimbursed drawing, as applicable. The Administrative Agent shall establish a separate account (each, a “Reserve Account”) or accounts for each Lender for
the amounts received with respect to each such Revolving Letter of Credit pursuant to the preceding sentence. The Administrative Agent shall deposit in each Lender’s Reserve Account such Lender’s CAM Percentage of the amounts received from
the Revolving Facility Lenders as provided above. For the purposes of this paragraph, the Dollar Equivalent of each Lender’s participation in each Letter of Credit denominated in a Foreign Currency shall be the amount in Dollars determined by
the Administrative Agent to be required in order for the Administrative Agent to purchase currency in the applicable Foreign Currency in an amount sufficient to enable it to deposit the actual amount of such participation in such undrawn Letter of
Credit in the applicable Foreign Currency in such Lender’s Reserve Account. The Administrative Agent shall have sole dominion and control over each Reserve Account, and the amounts deposited in each Reserve Account shall be held in such Reserve
Account until withdrawn as provided in paragraph (b), (c), (d) or (e) below. The Administrative Agent shall maintain records enabling it to determine the amounts paid over to it and deposited in the Reserve Accounts in respect of each
Letter of Credit and the amounts on deposit in respect of each Letter of Credit attributable to each Lender’s CAM Percentage. The amounts held in each Lender’s Reserve Account shall be held as a reserve against the Revolving L/C Exposure,
shall be the property of such Lender, shall not constitute Loans to or give rise to any claim of or against any Loan Party and shall not give rise to any obligation on the part of any Loan Party to pay interest to such Lender or any other obligation
of any Loan Party, it being agreed that the reimbursement obligations in respect of Letters of Credit shall arise only at such times as drawings are made thereunder, as provided in Section 2.05. 
 (b) In the event that after the CAM Exchange Date any drawing shall be made in respect of a Letter of Credit, (i) the
Administrative Agent shall, at the request of the applicable Issuing Bank, to the extent such drawing constitutes a Revolving L/C Disbursement, withdraw from the Reserve Account of each Lender any amounts, up to the amount of such Lender’s CAM
Percentage of such drawing or payment, deposited in respect of such Letter of Credit and remaining on deposit and deliver such amounts to such Issuing Bank in satisfaction of the reimbursement obligations of the Lenders under such Tranche under
Section 2.05(d) (but not of the applicable Borrower under Section 2.05(e)) and (ii) to the extent such drawing constitutes a Synthetic L/C Disbursement, the Administrative Agent shall withdraw from the Synthetic Credit-Linked Deposit
of each Lender such Lender’s CAM Percentage of such Synthetic L/C Disbursement and deliver such amounts to the Issuing Bank as contemplated by Section 2.05(e). In the event that any Lender shall default on its obligation to pay over any
amount to the Administrative Agent as provided in this Section 10.02, the applicable Issuing Bank shall have a claim against such Lender to the same extent as if such Lender had defaulted on its obligations under Section 2.05(d), but shall
have no claim against any other Lender in respect of such 

  

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defaulted amount, notwithstanding the exchange of interests in the applicable Borrower’s reimbursement obligations pursuant to Section 10.01. Each
other Lender shall have a claim against such defaulting Lender for any damages sustained by it as a result of such default, including, in the event that such Letter of Credit shall expire undrawn, its CAM Percentage of the defaulted amount.

 (c) In the event that after the CAM Exchange Date any Letter of Credit shall expire undrawn, the Administrative Agent
shall (i) to the extent such Letter of Credit constitutes a Revolving Letter of Credit, withdraw from the Reserve Account of each Lender the amount remaining on deposit therein in respect of such Letter of Credit and distribute such amount to
such Lender and (ii) to the extent such Letter of Credit constitutes a Synthetic Letter of Credit, withdraw from the Synthetic Credit-Linked Deposit of each Lender the portion of such deposit attributable to such Letter of Credit and distribute
such amount to such Lender. 
 (d) With the prior written approval of the Administrative Agent (not to be unreasonably
withheld), any Lender may withdraw its Credit-Linked Deposit or the amount held in its Reserve Account in respect of the undrawn amount of any Letter of Credit. Any Lender making such a withdrawal shall be unconditionally obligated, in the event
there shall subsequently be a drawing under such Letter of Credit, to pay over to the Administrative Agent, in the currency in which such drawing is denominated, for the account of the applicable Issuing Bank, on demand, its CAM Percentage of such
drawing or payment. 
 (d) Pending the withdrawal by any Lender of any amounts from its Reserve Account as contemplated
by the above paragraphs, the Administrative Agent will, at the direction of such Lender and subject to such rules as the Administrative Agent may prescribe for the avoidance of inconvenience, invest such amounts in Permitted Investments. Each Lender
that has not withdrawn its amounts in its Reserve Account as provided in paragraph (d) above shall have the right, at intervals reasonably specified by the Administrative Agent, to withdraw the earnings on investments so made by the
Administrative Agent with amounts in its Reserve Account and to retain such earnings for its own account. 
 [Signature Pages Follow]

  

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

			
	MOMENTIVE PERFORMANCE MATERIALS HOLDINGS INC.,
		
	By:	 	 /s/ Steven DeLarge

	Name:	 	Steven DeLarge
	Title:	 	Chief Financial Officer and Treasurer
	
	MOMENTIVE PERFORMANCE MATERIALS INC.,
		
	By:	 	 /s/ Steven DeLarge

	Name:	 	Steven DeLarge
	Title:	 	Chief Financial Officer and Treasurer
	
	MOMENTIVE PERFORMANCE MATERIALS USA INC.,
		
	By:	 	 /s/ Steven DeLarge

	Name:	 	Steven DeLarge
	Title:	 	Chief Financial Officer and Treasurer
	
	BLITZ 06-103 GMBH,
		
	By:	 	 /s/ Stan Parker

	Name:	 	Stan Parker
	Title:	 	Director

			
	JPMORGAN CHASE BANK, N.A., as Administrative Agent and as a Lender,
		
	By:	 	 /s/ Marian N. Schulman

	Name:	 	Marian N. Schulman
	Title:	 	Managing Director

			
	 GENERAL ELECTRIC CAPITAL
 CORPORATION, as
Co-Syndication Agent,

		
	By:	 	 /s/ Daniel McCready

	Name:	 	Daniel McCready
	Title:	 	Duly Authorized Signatory

			
	UBS SECURITIES LLC, as Co-Syndication Agent,
		
	By:	 	 /s/ Richard L. Tavrow

	Name:	 	Richard L. Tavrow
	Title:	 	Director, Banking Products Services, US
		
	By:	 	 /s/ Irja R. Otsa

	Name:	 	Irja R. Otsa
	Title:	 	Associate Director, Banking Products Services, US

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