Document:

EX-4.1

 Exhibit 4.1 

EXECUTION VERSION 
 WRIGHT
MEDICAL GROUP N.V. 
 AND 
 THE
BANK OF NEW YORK MELLON TRUST COMPANY, N.A., 
 as Trustee 

INDENTURE 
 Dated as of
May 20, 2016 
 2.25% Cash Convertible Senior Notes due 2021 

 CONTENTS 
  

							
	 	 	 	  	Page	 
		
	 Article 1 DEFINITIONS
	  	 	1	  
			
	 Section 1.01.
	 	Definitions	  	 	1	  
	 Section 1.02.
	 	References to Interest	  	 	11	  
	 Section 1.03.
	 	Rules of Construction	  	 	11	  
		
	 Article 2 ISSUE, DESCRIPTION, EXECUTION, REGISTRATION, AND EXCHANGE OF
NOTES
	  	 	11	  
			
	 Section 2.01.
	 	Designation and Amount	  	 	11	  
	 Section 2.02.
	 	Form of Notes	  	 	12	  
	 Section 2.03.
	 	Date and Denomination of Notes; Payments of Interest and Defaulted Amounts	  	 	12	  
	 Section 2.04.
	 	Execution, Authentication and Delivery of Notes	  	 	14	  
	 Section 2.05.
	 	Exchange and Registration of Transfer of Notes; Restrictions on Transfer; Depositary	  	 	14	  
	 Section 2.06.
	 	Mutilated, Destroyed, Lost or Stolen Notes	  	 	19	  
	 Section 2.07.
	 	Temporary Notes	  	 	20	  
	 Section 2.08.
	 	Cancellation of Notes Paid, Converted, Etc	  	 	20	  
	 Section 2.09.
	 	CUSIP Numbers	  	 	20	  
	 Section 2.10.
	 	Additional Notes; Repurchases	  	 	21	  
	 Section 2.11.
	 	Additional Amounts	  	 	21	  
		
	 Article 3 SATISFACTION AND DISCHARGE
	  	 	23	  
			
	 Section 3.01.
	 	Satisfaction and Discharge	  	 	23	  
	 Section 3.02.
	 	Application of Trust Money	  	 	24	  
	 Section 3.03.
	 	Repayment to Company	  	 	24	  
	 Section 3.04.
	 	Money held in Trust	  	 	24	  
		
	 Article 4 PARTICULAR COVENANTS OF THE COMPANY
	  	 	24	  
			
	 Section 4.01.
	 	Payment of Principal and Interest	  	 	24	  
	 Section 4.02.
	 	Maintenance of Office or Agency	  	 	25	  
	 Section 4.03.
	 	[Reserved]	  	 	25	  
	 Section 4.04.
	 	[Reserved]	  	 	25	  
	 Section 4.05.
	 	Existence	  	 	25	  
	 Section 4.06.
	 	Rule 144A Information Requirement and Annual Reports	  	 	25	  
	 Section 4.07.
	 	Stay, Extension and Usury Laws	  	 	27	  
	 Section 4.08.
	 	Compliance Certificate; Statements as to Defaults	  	 	27	  
		
	 Article 5 [INTENTIONALLY OMITTED]
	  	 	27	  

  
 i 

							
	 Article 6 DEFAULTS AND REMEDIES
	  	 	27	  
			
	 Section 6.01.
	 	Events of Default	  	 	27	  
	 Section 6.02.
	 	Acceleration; Rescission and Annulment	  	 	29	  
	 Section 6.03.
	 	Additional Interest	  	 	30	  
	 Section 6.04.
	 	Payments of Notes on Default; Suit Therefor	  	 	30	  
	 Section 6.05.
	 	Application of Monies Collected by Trustee	  	 	32	  
	 Section 6.06.
	 	Proceedings by Holders	  	 	32	  
	 Section 6.07.
	 	Proceedings by Trustee	  	 	33	  
	 Section 6.08.
	 	Remedies Cumulative and Continuing	  	 	33	  
	 Section 6.09.
	 	Direction of Proceedings and Waiver of Defaults by Majority of Holders	  	 	33	  
	 Section 6.10.
	 	Notice of Defaults	  	 	34	  
	 Section 6.11.
	 	Undertaking to Pay Costs	  	 	34	  
		
	 Article 7 CONCERNING THE TRUSTEE
	  	 	34	  
			
	 Section 7.01.
	 	Duties and Responsibilities of Trustee	  	 	34	  
	 Section 7.02.
	 	Reliance on Documents, Opinions, Etc	  	 	36	  
	 Section 7.03.
	 	No Responsibility for Recitals, Etc	  	 	37	  
	 Section 7.04.
	 	Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes	  	 	37	  
	 Section 7.05.
	 	Monies to Be Held in Trust	  	 	37	  
	 Section 7.06.
	 	Compensation and Expenses of Trustee	  	 	37	  
	 Section 7.07.
	 	Officer’s Certificate as Evidence	  	 	38	  
	 Section 7.08.
	 	Eligibility of Trustee	  	 	38	  
	 Section 7.09.
	 	Resignation or Removal of Trustee	  	 	39	  
	 Section 7.10.
	 	Acceptance by Successor Trustee	  	 	40	  
	 Section 7.11.
	 	Succession by Merger, Etc	  	 	40	  
		
	 Article 8 CONCERNING THE HOLDERS
	  	 	41	  
			
	 Section 8.01.
	 	Action by Holders	  	 	41	  
	 Section 8.02.
	 	Proof of Execution by Holders	  	 	41	  
	 Section 8.03.
	 	Who Are Deemed Absolute Owners	  	 	41	  
	 Section 8.04.
	 	Company-Owned Notes Disregarded	  	 	41	  
		
	 Article 9 [INTENTIONALLY OMITTED]
	  	 	42	  
		
	 Article 10 SUPPLEMENTAL INDENTURES
	  	 	42	  
			
	 Section 10.01.
	 	Supplemental Indentures Without Consent of Holders	  	 	42	  
	 Section 10.02.
	 	Supplemental Indentures with Consent of Holders	  	 	43	  
	 Section 10.03.
	 	Effect of Supplemental Indentures	  	 	44	  
	 Section 10.04.
	 	Notation on Notes	  	 	44	  
	 Section 10.05.
	 	Evidence of Compliance of Supplemental Indenture to Be Furnished Trustee	  	 	44	  

  
 ii 

							
	 Article 11 CONSOLIDATION, MERGER, SALE, CONVEYANCE AND LEASE
	  	 	45	  
			
	 Section 11.01.
	 	Company May Consolidate, Etc. on Certain Terms	  	 	45	  
	 Section 11.02.
	 	Successor Corporation to Be Substituted	  	 	45	  
		
	 Article 12 IMMUNITY OF INCORPORATORS, SHAREHOLDERS, OFFICERS AND
DIRECTORS
	  	 	46	  
			
	 Section 12.01.
	 	Indenture and Notes Solely Corporate Obligations	  	 	46	  
		
	 Article 13 [Reserved]
	  	 	46	  
		
	 Article 14 CONVERSION OF NOTES
	  	 	46	  
			
	 Section 14.01.
	 	Conversion Privilege	  	 	46	  
	 Section 14.02.
	 	Conversion Procedure; Payment Upon Conversion	  	 	49	  
	 Section 14.03.
	 	Increased Conversion Rate Applicable to Certain Notes Surrendered in Connection with Make-Whole Fundamental Changes	  	 	51	  
	 Section 14.04.
	 	Adjustment of Conversion Rate	  	 	53	  
	 Section 14.05.
	 	Adjustments of Prices	  	 	61	  
	 Section 14.06.
	 	[Reserved]	  	 	61	  
	 Section 14.07.
	 	Effect of Recapitalizations, Reclassifications and Changes of the Ordinary Shares	  	 	61	  
	 Section 14.08.
	 	Exchange in Lieu of Conversion	  	 	63	  
	 Section 14.09.
	 	Responsibility of Trustee	  	 	64	  
		
	 Article 15 REPURCHASE OF NOTES AT OPTION OF HOLDERS
	  	 	64	  
			
	 Section 15.01.
	 	[Reserved]	  	 	64	  
	 Section 15.02.
	 	Repurchase at Option of Holders Upon a Fundamental Change	  	 	64	  
	 Section 15.03.
	 	Withdrawal of Fundamental Change Repurchase Notice	  	 	67	  
	 Section 15.04.
	 	Deposit of Fundamental Change Repurchase Price	  	 	67	  
		
	 Article 16 NO REDEMPTION
	  	 	68	  
			
	 Section 16.01.
	 	No Redemption	  	 	68	  
		
	 Article 17 MISCELLANEOUS PROVISIONS
	  	 	68	  
			
	 Section 17.01.
	 	Provisions Binding on Company’s Successors	  	 	68	  
	 Section 17.02.
	 	Official Acts by Successor Corporation	  	 	68	  
	 Section 17.03.
	 	Addresses for Notices, Etc	  	 	68	  
	 Section 17.04.
	 	Governing Law; Jurisdiction	  	 	69	  
	 Section 17.05.
	 	Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee	  	 	70	  
	 Section 17.06.
	 	Legal Holidays	  	 	70	  
	 Section 17.07.
	 	No Security Interest Created	  	 	70	  
	 Section 17.08.
	 	Benefits of Indenture	  	 	71	  

  
 iii 

							
	 Section 17.09.
	 	Table of Contents, Headings, Etc	  	 	71	  
	 Section 17.10.
	 	Authenticating Agent	  	 	71	  
	 Section 17.11.
	 	Execution in Counterparts	  	 	72	  
	 Section 17.12.
	 	Severability	  	 	72	  
	 Section 17.13.
	 	Waiver of Jury Trial	  	 	72	  
	 Section 17.14.
	 	Force Majeure	  	 	72	  
	 Section 17.15.
	 	Calculations	  	 	72	  
	 Section 17.16.
	 	Tax Withholding	  	 	73	  
	 Section 17.17.
	 	Agent for Service of Process.	  	 	73	  

  
 iv 

 INDENTURE dated as of May 20, 2016 between WRIGHT MEDICAL GROUP N.V., a Dutch public limited
liability company (naamloze vennootschap), as issuer (the “Company”, as more fully set forth in Section 1.01) and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association organized under the laws
of the United States, as trustee (the “Trustee”, as more fully set forth in Section 1.01). 
 W I T N E S S E T H: 

WHEREAS, for its lawful corporate purposes, the Company has duly authorized the issuance of its 2.25% Cash Convertible Senior Notes due 2021
(the “Notes”), initially in an aggregate principal amount of $395,000,000 and in order to provide the terms and conditions upon which the Notes are to be authenticated, issued and delivered, the Company has duly authorized the
execution and delivery of this Indenture; and 
 WHEREAS, the Form of Note, the certificate of authentication to be borne by each Note, the
Form of Notice of Conversion, the Form of Fundamental Change Repurchase Notice and the Form of Assignment and Transfer to be borne by the Notes are to be substantially in the forms hereinafter provided; and 

WHEREAS, all acts and things necessary to make the Notes, when executed by the Company and authenticated and delivered by the Trustee or a
duly authorized authenticating agent, as in this Indenture provided, the valid, binding and legal obligations of the Company, and this Indenture a valid agreement according to its terms, have been done and performed, and the execution of this
Indenture and the issuance hereunder of the Notes have in all respects been duly authorized. 
 NOW, THEREFORE, THIS INDENTURE WITNESSETH:

 That in order to declare the terms and conditions upon which the Notes are, and are to be, authenticated, issued and delivered, and in
consideration of the premises and of the purchase and acceptance of the Notes by the Holders thereof, the Company covenants and agrees with the Trustee for the equal and proportionate benefit of the respective Holders from time to time of the Notes
(except as otherwise provided below), as follows: 
 ARTICLE 1 

DEFINITIONS 
 Section 1.01.
Definitions. 
 “Additional Amounts” shall have the meaning specified in Section 2.11(a). 

“Additional Interest” means all amounts, if any, payable pursuant to Section 4.06(d), Section 4.06(e) and
Section 6.03, as applicable. 
 “Affiliate” of any specified Person means any other Person directly or indirectly
controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control,” when used with respect to any specified Person means the power to direct or cause the
direction of the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative
to the foregoing. 

 “Applicable Law” shall have the meaning specified in Section 17.16. 

“Bid Solicitation Agent” means the Person appointed by the Company to solicit bids for the Trading Price of the Notes in
accordance with Section 14.01(b)(i). J. Wood Capital Advisors LLC shall initially act as the Bid Solicitation Agent. 
 “Board
of Directors” means the board of directors or comparable governing body of the Company or a committee of such board duly authorized to act for it hereunder. 

“Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have
been duly adopted by the Board of Directors, and to be in full force and effect on the date of such certification. 
 “Business
Day” means any day other than a Saturday, a Sunday or a day on which the Federal Reserve Bank of New York is authorized or required by law or executive order to close or be closed. 

“Capital Stock” means, for any entity, any and all shares, interests, rights to purchase, warrants, options, participations
or other equivalents of or interests in (however designated) stock issued by that entity. 
 “Cash Make-Whole Premium”
shall have the meaning specified in Section 14.03(a). 
 “Clause A Distribution” shall have the meaning specified
in Section 14.04(c). 
 “Clause B Distribution” shall have the meaning specified in Section 14.04(c). 

“Clause C Distribution” shall have the meaning specified in Section 14.04(c). 

“close of business” means 5:00 p.m. (New York City time). 

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

“Commission” means the U.S. Securities and Exchange Commission. 

“Common Equity” of any Person means Capital Stock of such Person that is generally entitled (a) to vote in the election
of directors of such Person or (b) if such Person is not a corporation, to vote or otherwise participate in the selection of the governing body, partners, managers or others that will control the management or policies of such Person. 

“Company” shall have the meaning specified in the first paragraph of this Indenture, and subject to the provisions of
Article 11, shall include its successors and assigns. 
 “Company Order” means a written order of the Company, signed
by an Officer of the Company. 

  
 2 

 “Conversion Agent” shall have the meaning specified in Section 4.02. 

“Conversion Date” shall have the meaning specified in Section 14.02(c). 

“Conversion Obligation” shall have the meaning specified in Section 14.01(a). 

“Conversion Price” means as of any date, $1,000, divided by the Conversion Rate as of such date. 

“Conversion Rate” shall have the meaning specified in Section 14.01(a). 

“Corporate Trust Office” means the designated office of the Trustee at which at any time its corporate trust business shall
be administered, which office at the date hereof is located at 10161 Centurion Parkway, 2nd FL, Jacksonville, Florida 32256, Attention: Corporate Trust, or such other address as the Trustee may designate from time to time by notice to the Holders
and the Company, or the principal corporate trust office of any successor trustee (or such other address as such successor trustee may designate from time to time by notice to the Holders and the Company). 

“Custodian” means the Trustee, as custodian for The Depository Trust Company, with respect to the Global Notes, or any
successor entity thereto. 
 “Daily Conversion Value” means, for each of the 40 consecutive Trading Days during the
applicable Observation Period, one-fortieth (1/40th) of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day. 

“Daily VWAP” means, for each of the 40 consecutive Trading Days during the applicable Observation Period, the per share
volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page “WMGI <equity> AQR” (or its equivalent successor if such page is not available or, if following the effective date of any
recapitalization, reorganization or change to the Ordinary Shares, or Reference Property received for the Ordinary Shares trade under any ticker other than “WMGI”, the equivalent page for such other ticker) in respect of the period from
the scheduled open of trading until the scheduled close of trading of the primary trading session on such Trading Day (or if such volume-weighted average price is unavailable, the market value of one Ordinary Share on such Trading Day determined,
using a volume-weighted average method, by a nationally recognized independent investment banking firm retained for this purpose by the Company). The “Daily VWAP” shall be determined without regard to after-hours trading or any
other trading outside of the regular trading session trading hours. 
 “Default” means any event that is, or after notice
or passage of time, or both, would be, an Event of Default. 
 “Defaulted Amounts” means any amounts on any Note
(including, without limitation, the Fundamental Change Repurchase Price, principal and interest) that are payable but are not punctually paid or duly provided for. 

  
 3 

 “Depositary” means, with respect to each Global Note, the Person specified in
Section 2.05(c) as the Depositary with respect to such Notes, until a successor shall have been appointed and become such pursuant to the applicable provisions of this Indenture, and thereafter, “Depositary” shall mean or
include such successor. 
 “Distributed Property” shall have the meaning specified in Section 14.04(c). 

“Effective Date” shall have the meaning specified in Section 14.03(c), except that, as used in Section 14.04,
“Effective Date” means the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, reflecting the relevant share split or share combination, as applicable. 

“Event of Default” shall have the meaning specified in Section 6.01. 

“Ex-Dividend Date” means the first date on which the Ordinary Shares trade on the
applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of the Ordinary Shares on such exchange or market (in
the form of due bills or otherwise) as determined by such exchange or market. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 
 “Form of Assignment and
Transfer” shall mean the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A. 

“Form of Fundamental Change Repurchase Notice” shall mean the “Form of Fundamental Change Repurchase Notice”
attached as Attachment 2 to the Form of Note attached hereto as Exhibit A. 
 “Form of Notice of Conversion”
shall mean the “Form of Notice of Conversion” attached as Attachment 1 to the Form of Note attached hereto as Exhibit A. 

“Fundamental Change” shall be deemed to have occurred at the time after the Notes are originally issued if any of the
following occurs: 
 (a) a “person” or “group” within the meaning of Section 13(d) of the Exchange
Act, other than the Company or its Subsidiaries, files a Schedule TO or any schedule, form or report under the Exchange Act disclosing that such person or group has become the direct or indirect “beneficial owner,” as defined in Rule 13d-3 under the Exchange Act, of the Company’s Common Equity representing more than 50% of the voting power of the Ordinary Shares; or 

(b) the consummation of (A) any recapitalization, reclassification or change of the Ordinary Shares (other than changes
resulting from a subdivision or combination) as a result of which the Ordinary Shares would be converted into, or exchanged for, stock, other securities, other property or assets; (B) any share exchange, consolidation or merger of the Company
pursuant to which the Ordinary Shares will be converted into cash, 

  
 4 

 
securities or other property; or (C) any sale, lease or other transfer in one transaction or a series of transactions of all or substantially all of the consolidated assets of the Company
and its Subsidiaries, taken as a whole, to any Person other than one of the Company’s Subsidiaries; provided, however, that a transaction described in clause (B) in which the holders of all classes of the Company’s
Common Equity immediately prior to such transaction own, directly or indirectly, more than 50% of all classes of Common Equity of the continuing or surviving corporation or transferee or the parent thereof immediately after such transaction in
substantially the same proportions as such ownership immediately prior to such transaction shall be deemed to not be a Fundamental Change pursuant to this clause (b); or 

(c) the shareholders of the Company approve any plan or proposal for the liquidation or dissolution of the Company; or 

(d) the Ordinary Shares (or, in the event a Reorganization Event occurs, such other common equity securities constituting, in
whole or in part, the Reference Property then underlying the Notes) cease to be listed or quoted on any of the New York Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market (or any of their respective successors). 

provided, however, that a transaction or transactions described in clause (b) above shall not constitute a Fundamental Change, if at least
90% of the consideration received or to be received by the ordinary shareholders of the Company, excluding cash payments for fractional shares and cash payments made pursuant to dissenters’ appraisal rights, in connection with such transaction
or transactions consists of ordinary shares of a corporation or limited liability company (that is treated as a corporation for U.S. federal income tax purposes) organized and existing under the laws of the United States of America, any State
thereof or the District of Columbia, or an entity treated as a corporation for U.S. federal income tax purposes organized and existing under the laws of the Netherlands, the Republic of Ireland or the United Kingdom, in each case, that are listed or
quoted on any of the New York Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market (or any of their respective successors) or will be so listed or quoted when issued or exchanged in connection with such transaction or
transactions and as a result of such transaction or transactions the Reference Property for the Notes becomes such consideration, excluding cash payments for fractional shares (subject to the provisions of Section 14.02(a)) (the exception in
this proviso, the “Listed Share Exception”). For purposes of the exception described in this paragraph, any transaction or event described under both clause (1) and clause (2) above (whether or not the proviso in clause
(2) applies) will be evaluated solely under clause (b) of this definition. 
 “Fundamental Change Company Notice”
shall have the meaning specified in Section 15.02(c). 
 “Fundamental Change Repurchase Date” shall have the meaning
specified in Section 15.02(a). 
 “Fundamental Change Repurchase Notice” shall have the meaning specified in
Section 15.02(b)(i). 

  
 5 

 “Fundamental Change Repurchase Price” shall have the meaning specified in
Section 15.02(a). 
 “Global Note” shall have the meaning specified in Section 2.05(b). 

“Holder,” as applied to any Note, or other similar terms (but excluding the term “beneficial holder”), shall mean
any Person in whose name at the time a particular Note is registered on the Note Register. 
 “Indenture” means this
instrument as originally executed or, if amended or supplemented as herein provided, as so amended or supplemented. 
 “Interest
Payment Date” means each May 15 and November 15 of each year, or if any such day is not a Business Day, the immediately following Business Day and no interest on such payment will accrue in respect of the delay, beginning on
November 15, 2016. 
 “Last Reported Sale Price” of the Ordinary Shares (or other security for which a Last Reported
Sale Price must be determined) on any date means the closing sale price per share at the scheduled close of trading of the primary trading session on such Trading Day (or if no closing sale price is reported, the average of the bid and ask prices
or, if more than one in either case, the average of the average bid and the average ask prices) on that date as reported in composite transactions for the principal U.S. national or regional securities exchange on which the Ordinary Shares (or such
other security) are traded. If the Ordinary Shares (or such other security) are not listed for trading on a U.S. national or regional securities exchange on the relevant date, the “Last Reported Sale Price” shall be the last quoted
bid price for the Ordinary Shares (or such other security) in the over-the-counter market on the relevant date as reported by OTC Markets Group Inc. or a similar organization. If the Ordinary Shares (or such other security) are not so quoted, the
“Last Reported Sale Price” shall be the average of the mid-point of the last bid and ask prices for the Ordinary Shares (or such other security) on the relevant date obtained from each of at least three nationally recognized
independent investment banking firms selected by the Company for this purpose. 
 “Listed Share Exception” shall have the
meaning set forth in the definition of “Fundamental Change” as specified in this Section 1.01. 
 “Make-Whole
Fundamental Change” means any Fundamental Change described in clauses (a), (b) or (e) of the definition of “Fundamental Change” above (determined after giving effect to any exceptions to or exclusions from such
definition (including, for the avoidance of doubt, the Listed Share Exception), but without regard to the provisos in clauses (b) of the definition thereof). 

“Market Disruption Event” means (a) a failure by the primary U.S. national or regional securities exchange or market on
which the Ordinary Shares are listed or admitted for trading to open for trading during its regular trading session or (b) the occurrence or existence prior to 1:00 p.m., New York City time, on any Scheduled Trading Day for the Ordinary
Shares for more than one half-hour period in the aggregate during regular trading hours of any suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant stock exchange or otherwise) in
the Ordinary Shares or in any options, contracts or future contracts relating to the Ordinary Shares. 

  
 6 

 “Maturity Date” means November 15, 2021. 

“Measurement Period” shall have the meaning specified in Section 14.01(b)(i). 

“Note” or “Notes” shall have the meaning specified in the first paragraph of the recitals of this Indenture.

 “Note Register” shall have the meaning specified in Section 2.05(a). 

“Note Registrar” shall have the meaning specified in Section 2.05(a). 

“Notice of Conversion” shall have the meaning specified in Section 14.02(b). 

“Observation Period” with respect to any Note surrendered for conversion means: (i) if the relevant Conversion Date
occurs prior to the 45th Scheduled Trading Day immediately preceding November 15, 2021, the 40 consecutive Trading Day period beginning on, and including, the second Trading Day immediately succeeding such Conversion Date; and (ii) if
the relevant Conversion Date occurs on or after the 45th Scheduled Trading Day immediately preceding November 15, 2021, the 40 consecutive Trading Days beginning on, and including, the 42nd Scheduled Trading Day immediately preceding
November 15, 2021. 
 “Ordinary Shares” means the ordinary shares of the Company, par value €0.03 per share,
at the date of this Indenture, subject to Section 14.07. 
 “Officer” means, with respect to the Company, the
President, the Chief Executive Officer, the Chief Financial Officer, the Treasurer, any Assistant Treasurer, the Secretary, any Assistant Secretary, any Executive or Senior Vice President or any Vice President (whether or not designated by a number
or numbers or word or words added before or after the title “Vice President”). 
 “Officer’s Certificate,”
when used with respect to the Company, means a certificate that is delivered to the Trustee and that is signed by an Officer of the Company. Each such certificate shall include the statements provided for in Section 17.05 if and to the extent
required by the provisions of such Section. 
 “open of business” means 9:00 a.m. (New York City time). 

“Opinion of Counsel” means an opinion in writing signed by legal counsel, who may be an employee or officer of or counsel to
the Company, or other counsel reasonably acceptable to the Trustee, that is delivered to the Trustee. Each such opinion shall include the statements provided for in Section 17.05 if and to the extent required by the provisions of such
Section 17.05. 

  
 7 

 “outstanding,” when used with reference to Notes, shall, subject to the
provisions of Section 8.04, mean, as of any particular time, all Notes authenticated and delivered by the Trustee under this Indenture, except: 

(a) Notes theretofore canceled by the Trustee or accepted by the Trustee for cancellation; 

(b) Notes, or portions thereof, that have become due and payable and in respect of which monies in the necessary amount shall
have been deposited in trust with the Trustee or with any Paying Agent (other than the Company) or shall have been set aside and segregated in trust by the Company (if the Company shall act as its own Paying Agent); 

(c) Notes that have been paid pursuant to Section 2.06 or Notes in lieu of which, or in substitution for which, other
Notes shall have been authenticated and delivered pursuant to the terms of Section 2.06 unless proof satisfactory to the Trustee is presented that any such Notes are held by protected purchasers in due course; 

(d) Notes converted pursuant to Article 14 and required to be cancelled pursuant to Section 2.08; and 

(e) Notes repurchased by the Company pursuant to the penultimate sentence of Section 2.10. 

“Paying Agent” shall have the meaning specified in Section 4.02. 

“Person” means an individual, a corporation, a limited liability company, an association, a partnership, a joint venture, a
joint stock company, a trust, an unincorporated organization or a government or an agency or a political subdivision thereof or any other entity. 

“Physical Notes” means permanent certificated Notes in registered form issued in denominations of $1,000 principal amount and
integral multiples thereof. 
 “Predecessor Note” of any particular Note means every previous Note evidencing all or a
portion of the same debt as that evidenced by such particular Note; and, for the purposes of this definition, any Note authenticated and delivered under Section 2.06 in lieu of or in exchange for a mutilated, lost, destroyed or stolen Note
shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note that it replaces. 
 “Private Placement
Circular” means the preliminary private placement circular dated May 9, 2016, as supplemented by the pricing term sheet dated May 12, 2016, relating to the offering and sale of the Notes. 

“Reference Property” shall have the meaning specified in Section 14.07(a). 

“Regular Record Date,” with respect to any Interest Payment Date, shall mean the May 1 or November 1 (whether or
not such day is a Business Day) immediately preceding the applicable May 15 or November 15 Interest Payment Date, respectively. 

  
 8 

 “Reorganization Event” shall have the meaning specified in
Section 14.07(a). 
 “Resale Restriction Termination Date” shall have the meaning specified in Section 2.05(c).

 “Responsible Officer” means, when used with respect to the Trustee, any officer within the corporate trust department of
the Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the
time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such Person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of
this Indenture. 
 “Restricted Securities” shall have the meaning specified in Section 2.05(c). 

“Rule 144A” means Rule 144A as promulgated under the Securities Act. 

“Scheduled Trading Day” means a day that is scheduled to be a Trading Day on the principal U.S. national or regional
securities exchange or market on which the Ordinary Shares are listed or admitted for trading. If the Ordinary Shares are not so listed or admitted for trading, “Scheduled Trading Day” means a Business Day. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

“Settlement Amount” has the meaning specified in Section 14.02(a). 

“Share Price” shall have the meaning specified in Section 14.03(c). 

“Significant Subsidiary” means a Subsidiary of the Company that meets the definition of “significant subsidiary” in
Article 1, Rule 1-02 of Regulation S-X under the Exchange Act. 

“Spin-Off” shall have the meaning specified in Section 14.04(c). 

“Subsidiary” means, with respect to any Person, any corporation, association, partnership or other business entity of which
more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers, general partners
or trustees thereof is at the time owned or controlled, directly or indirectly, by (i) such Person; (ii) such Person and one or more Subsidiaries of such Person; or (iii) one or more Subsidiaries of such Person. 

“Successor Person” shall have the meaning specified in Section 11.01(a). 

“Taxes” shall have the meaning specified in Section 2.11(a). 

“Tax Jurisdiction” shall have the meaning specified in Section 2.11(a). 

  
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 “Trading Day” means a day on which (i) trading in the Ordinary Shares (or
other security for which a Last Reported Sale Price must be determined) generally occurs on the NASDAQ Global Select Market or, if the Ordinary Shares (or such other security) are not then listed on The NASDAQ Global Select Market, on the principal
other U.S. national or regional securities exchange on which the Ordinary Shares (or such other security) are then listed or, if the Ordinary Shares (or such other security) are not then listed on a U.S. national or regional securities exchange, on
the principal other market on which the Ordinary Shares (or such other security) are then traded and (ii) a Last Reported Sale Price for the Ordinary Shares (or such other security) are available on such securities exchange or market;
provided that if the Ordinary Shares (or such other security) are not so listed or traded, “Trading Day” means a Business Day; and provided, further, that for purposes of determining cash due upon conversion
only, “Trading Day” means a day on which (x) there is no Market Disruption Event and (y) trading in the Ordinary Shares generally occurs on the NASDAQ Global Select Market or, if the Ordinary Shares are not then listed on
the NASDAQ Global Select Market, on the principal other U.S. national or regional securities exchange on which the Ordinary Shares are then listed or, if the Ordinary Shares are not then listed on a U.S. national or regional securities exchange, on
the principal other market on which the Ordinary Shares are then listed or admitted for trading, except that if the Ordinary Shares are not so listed or admitted for trading, “Trading Day” means a Business Day. 

“Trading Price” of the Notes on any date of determination means the average of the secondary market bid quotations per $1,000
principal amount of Notes obtained in writing by the Bid Solicitation Agent for $5,000,000 principal amount of Notes at approximately 3:30 p.m., New York City time, on such determination date from three independent nationally recognized
securities dealers the Company selects for this purpose; provided that if three such bids cannot reasonably be obtained but two such bids can be reasonably obtained, then the average of the two bids shall be used, and if only one such bid can
be reasonably obtained, that one bid shall be used. If on any date of determination (i) the Bid Solicitation Agent cannot reasonably obtain at least one bid for $5,000,000 principal amount of Notes from an independent nationally recognized
securities dealer on any determination date, (ii) the Company has failed to request the Bid Solicitation Agent to obtain bids when required, (iii) the Company requested the Bid Solicitation Agent to obtain bids and the Bid Solicitation
Agent has failed to obtain such bids or (iv) the Bid Solicitation Agent has obtained one or more such bids but the Company has failed to determine the Trading Price per $1,000 principal amount of Notes for the relevant day, then, in any such
case, the Trading Price per $1,000 principal amount of Notes on such determination date shall be deemed to be less than 98% of the product of the Last Reported Sale Price of the Ordinary Shares and the Conversion Rate for the Notes on such date.

 “Trigger Event” shall have the meaning specified in Section 14.04(c). 

“Trust Indenture Act” means the Trust Indenture Act of 1939, as amended, as it was in force at the date of execution of this
Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after the date hereof, the term “Trust Indenture Act” shall mean, to the extent required by such amendment, the Trust Indenture Act of
1939, as so amended. 

  
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 “Trustee” means the Person named as the “Trustee” in the first
paragraph of this Indenture until a successor trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee hereunder. 

“unit of Reference Property” shall have the meaning specified in Section 14.07(a). 

“U.S. Entity” shall have the meaning specified in Section 11.01(a). 

“Valuation Period” shall have the meaning specified in Section 14.04(c). 

Section 1.02. References to Interest. Unless the context otherwise requires, any reference to interest on, or in respect of, any Note
in this Indenture shall be deemed to include Additional Interest if, in such context, Additional Interest is, was or would be payable pursuant to any of Section 4.06(d), Section 4.06(e) and Section 6.03. Unless the context otherwise
requires, any express mention of Additional Interest in any provision hereof shall not be construed as excluding Additional Interest in those provisions hereof where such express mention is not made. 

Section 1.03. Rules of Construction. Unless the context otherwise requires: 

(a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

(c) words in the singular include the plural, and words in the plural include the singular; 

(d) provisions apply to successive events and transactions; 

(e) the masculine gender includes the feminine and the neuter; 

(f) references to agreements and other instruments include subsequent amendments thereto; and 

(g) “herein,” “hereof” and other words of similar import refer to this Indenture as a whole and not to any particular
Article, Section or other subdivision. 
 ARTICLE 2 

ISSUE, DESCRIPTION, EXECUTION, REGISTRATION, AND EXCHANGE OF NOTES 

Section 2.01. Designation and Amount. The Notes shall be designated as the “2.25% Cash Convertible Senior Notes due 2021.”
The initial aggregate principal amount of Notes that shall be authenticated and delivered under this Indenture is $395,000,000. Additional Notes in an unlimited amount may be authenticated and delivered under this Indenture after the date hereof in
accordance with the terms of this Indenture (including Section 2.10). 

  
 11 

 Section 2.02. Form of Notes. The Notes and the Trustee’s certificate of
authentication to be borne by such Notes shall be substantially in the respective forms set forth in Exhibit A, the terms and provisions of which shall constitute, and are hereby expressly incorporated in and made a part of this Indenture. To the
extent applicable, the Company and the Trustee, by their execution and delivery of this Indenture, expressly agree to such terms and provisions and to be bound thereby; provided, however, that to the extent any provision of the Notes
conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling. 
 Any Global
Note may be endorsed with or have incorporated in the text thereof such legends or recitals or changes not inconsistent with the provisions of this Indenture as may be required by the Custodian or the Depositary, or as may be required to comply with
any applicable law or any regulation thereunder or with the rules and regulations of any securities exchange or automated quotation system upon which the Notes may be listed or traded or designated for issuance or to conform with any usage with
respect thereto, or to indicate any special limitations or restrictions to which any particular Notes are subject. 
 Any of the Notes may
have such letters, numbers or other marks of identification and such notations, legends or endorsements as the Officers executing the same may approve (execution thereof to be conclusive evidence of such approval) and as are not inconsistent with
the provisions of this Indenture, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange or automated quotation system on which the Notes may be
listed or designated for issuance, or to conform to usage or to indicate any special limitations or restrictions to which any particular Notes are subject. 

Each Global Note shall represent such principal amount of the outstanding Notes as shall be specified therein and shall provide that it shall
represent the aggregate principal amount of outstanding Notes from time to time endorsed thereon and that the aggregate principal amount of outstanding Notes represented thereby may from time to time be increased or reduced to reflect repurchases,
cancellations, conversions, transfers or exchanges permitted hereby. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the amount of outstanding Notes represented thereby shall be made by the Trustee or the
Custodian, at the direction of the Trustee, in such manner and upon instructions given by the Holder of such Notes in accordance with this Indenture. Payment of principal (including the Fundamental Change Repurchase Price, if applicable) of, and
accrued and unpaid interest on, a Global Note shall be made to the Holder of such Note on the date of payment, unless a record date or other means of determining Holders eligible to receive payment is provided for herein. 

Section 2.03. Date and Denomination of Notes; Payments of Interest and Defaulted Amounts. (a) The Notes shall be issuable in
registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of such Note. Accrued
interest on the Notes shall be computed on the basis of a 360-day year composed of twelve 30-day months. 

  
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 (b) The Person in whose name any Note (or its Predecessor Note) is registered on the Note
Register at the close of business on any Regular Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable on such Interest Payment Date. Interest shall be payable at the office or agency of the Company
maintained by the Company for such purposes in the Borough of Manhattan, The City of New York, which shall initially be the office or agency of the Trustee. The Company shall pay interest (i) on any Physical Notes by wire transfer in
immediately available funds to that Holder’s account within the United States, which application shall remain in effect until the Holder notifies, in writing, the Note Registrar to the contrary or (ii) on any Global Note by wire transfer
of immediately available funds to the account of the Depositary or its nominee. 
 (c) Any Defaulted Amounts shall forthwith cease to be
payable to the Holder on the relevant payment date but shall accrue interest per annum at the rate borne by the Notes, subject to the enforceability thereof under applicable law, from, and including, such relevant payment date to, but excluding, the
date on which such Defaulted Amounts, together with such interest thereon, shall have been paid by the Company, at its election in each case, as provided in clause (i) or (ii) below: 

(i) The Company may elect to make payment of any Defaulted Amounts to the Persons in whose names the Notes (or their respective
Predecessor Notes) are registered at the close of business on a special record date for the payment of such Defaulted Amounts, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the amount of the
Defaulted Amounts proposed to be paid on each Note and the date of the proposed payment (which shall be not less than 25 days after the receipt by the Trustee of such notice, unless the Trustee shall consent to an earlier date), and at the same
time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount to be paid in respect of such Defaulted Amounts or shall make arrangements satisfactory to the Trustee for such deposit on or prior to the date of the
proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Amounts as in this clause provided. Thereupon the Company shall fix a special record date for the payment of such Defaulted
Amounts which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment, and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Company shall
promptly notify the Trustee of such special record date and the Trustee, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Amounts and the special record date therefor to be mailed,
first-class postage prepaid, to each Holder at its address as it appears in the Note Register, not less than 10 days prior to such special record date. Notice of the proposed payment of such Defaulted Amounts and the special record date
therefor having been so mailed, such Defaulted Amounts shall be paid to the Persons in whose names the Notes (or their respective Predecessor Notes) are registered at the close of business on such special record date and shall no longer be payable
pursuant to the following clause (ii) of this Section 2.03(c). 

  
 13 

 (ii) The Company may make payment of any Defaulted Amounts in any other lawful
manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Notes may be listed or designated for issuance, and upon such notice as may be required by such exchange or automated quotation
system, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee. 

Section 2.04. Execution, Authentication and Delivery of Notes. The Notes shall be signed in the name and on behalf of the Company by
the manual or facsimile signature of an Officer of the Company. 
 At any time and from time to time after the execution and delivery of
this Indenture, subject to Section 2.10 if this Indenture is being reopened in order to issue additional Notes hereunder, the Company may deliver Notes executed by the Company to the Trustee for authentication, together with a Company Order for
the authentication and delivery of such Notes, and the Trustee in accordance with such Company Order shall authenticate and deliver such Notes, without any further action by the Company hereunder. 

Only such Notes as shall bear thereon a certificate of authentication substantially in the form set forth on the form of Note attached as
Exhibit A hereto, executed manually by an authorized officer of the Trustee (or an authenticating agent appointed by the Trustee as provided by Section 17.10), shall be entitled to the benefits of this Indenture or be valid or obligatory for
any purpose. Such certificate by the Trustee (or such an authenticating agent) upon any Note executed by the Company shall be conclusive evidence that the Note so authenticated has been duly authenticated and delivered hereunder and that the Holder
is entitled to the benefits of this Indenture. 
 In case any Officer of the Company who shall have signed any of the Notes shall cease to
be such Officer before the Notes so signed shall have been authenticated and delivered by the Trustee, or disposed of by the Company, such Notes nevertheless may be authenticated and delivered or disposed of as though the Person who signed such
Notes had not ceased to be such Officer of the Company; and any Note may be signed on behalf of the Company by such Persons as, at the actual date of the execution of such Note, shall be the Officers of the Company, although at the date of the
execution of this Indenture any such Person was not such an Officer. 
 Section 2.05. Exchange and Registration of Transfer of Notes;
Restrictions on Transfer; Depositary. (a) The Company shall cause to be kept at the Corporate Trust Office a register (the register maintained in such office or in any other office or agency of the Company designated pursuant to
Section 4.02, the “Note Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Notes and of transfers of Notes. Such register shall be in written form
or in any form capable of being converted into written form within a reasonable period of time. The Trustee is hereby initially appointed the “Note Registrar” for the purpose of registering Notes and transfers of Notes as herein
provided. The Company may appoint one or more co-Note Registrars in accordance with Section 4.02. 

Upon surrender for registration of transfer of any Note to the Note Registrar or any co-Note
Registrar, and satisfaction of the requirements for such transfer set forth in this Section 2.05, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more
new Notes of any authorized denominations and of a like aggregate principal amount and bearing such restrictive legends as may be required by this Indenture. 

  
 14 

 Notes may be exchanged for other Notes of any authorized denominations and of a like aggregate
principal amount, upon surrender of the Notes to be exchanged at any such office or agency maintained by the Company pursuant to Section 4.02. Whenever any Notes are so surrendered for exchange, the Company shall execute, and the Trustee shall
authenticate and deliver, the Notes that the Holder making the exchange is entitled to receive, bearing registration numbers not contemporaneously outstanding. 

All Notes presented or surrendered for registration of transfer or for exchange, repurchase or conversion shall (if so required by the
Company, the Trustee, the Note Registrar or any co-Note Registrar) be duly endorsed, or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Company, the Trustee, the
Note Registrar or any co-Note Registrar and duly executed, by the Holder thereof or its attorney-in-fact duly authorized in writing. 

No service charge shall be imposed by the Company, the Trustee, the Note Registrar, any co-Note
Registrar or the Paying Agent for any exchange or registration of transfer of Notes, but the Company may require a Holder to pay a sum sufficient to cover any documentary, stamp or similar issue or transfer tax or other similar governmental charge
required by law or otherwise permitted hereunder. 
 None of the Company, the Trustee, the Note Registrar and any co-Note Registrar shall be required to exchange or register a transfer of (i) any Notes surrendered for conversion or, if a portion of any Note is surrendered for conversion, such portion thereof surrendered
for conversion or (ii) any Notes, or a portion of any Note, surrendered for repurchase (and not withdrawn) in accordance with Article 15. 

All Notes issued upon any registration of transfer or exchange of Notes in accordance with this Indenture shall be the valid obligations of
the Company, evidencing the same debt, and entitled to the same benefits under this Indenture as the Notes surrendered upon such registration of transfer or exchange. 

(b) So long as the Notes are eligible for book-entry settlement with the Depositary, unless otherwise required by law, subject to the fourth
paragraph from the end of Section 2.05(c) all Notes shall be represented by one or more Notes in global form (each, a “Global Note”) registered in the name of the Depositary or the nominee of the Depositary. The transfer and
exchange of beneficial interests in a Global Note that does not involve the issuance of a Physical Note, shall be effected through the Depositary (but not the Trustee or the Custodian) in accordance with this Indenture (including the restrictions on
transfer set forth herein) and the procedures of the Depositary therefor. 
 (c) Every Note that bears or is required under this
Section 2.05(c) to bear the legend set forth in this Section 2.05(c) (the “Restricted Securities”) shall be subject to the restrictions on transfer set forth in this Section 2.05(c) (including the legend set forth
below), unless such restrictions on transfer shall be eliminated or otherwise waived by written consent of the Company, and the Holder of each such Restricted Security, by such Holder’s acceptance thereof, agrees to be bound by all such
restrictions on transfer. 

  
 15 

 Until the date (the “Resale Restriction Termination Date”) that is the later of
(1) the date that is one year after the last date of original issuance of the Notes, or such shorter period of time as permitted by Rule 144 under the Securities Act or any successor provision thereto, and (2) such later date, if any,
as may be required by applicable law, any certificate evidencing such Note (and all securities issued in exchange therefor or substitution thereof, if applicable) shall bear a legend in substantially the following form (unless such Notes have been
transferred pursuant to a registration statement that has become or been declared effective under the Securities Act and that continues to be effective at the time of such transfer, or sold pursuant to the exemption from registration provided by
Rule 144 or any similar provision then in force under the Securities Act, or unless otherwise agreed by the Company in writing, with notice thereof to the Trustee): 

THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE
OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE ACQUIRER: 

1. REPRESENTS THAT IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING
OF RULE 144A UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, AND 

2. AGREES FOR THE BENEFIT OF WRIGHT MEDICAL GROUP N.V. (THE “COMPANY”), THAT IT WILL NOT OFFER, SELL, PLEDGE
OR OTHERWISE TRANSFER THIS SECURITY OR ANY BENEFICIAL INTEREST HEREIN PRIOR TO THE DATE THAT IS THE LATER OF (X) ONE YEAR AFTER THE LAST ORIGINAL ISSUE DATE HEREOF OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE 144 UNDER THE
SECURITIES ACT OR ANY SUCCESSOR PROVISION THERETO AND (Y) SUCH LATER DATE, IF ANY, AS MAY BE REQUIRED BY APPLICABLE LAW, EXCEPT: 

(A) TO THE COMPANY OR ANY SUBSIDIARIES THEREOF, OR 

(B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BECOME EFFECTIVE UNDER THE SECURITIES ACT, OR 

(C) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, OR 

(D) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 

  
 16 

 PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(D) ABOVE, THE COMPANY AND
THE TRUSTEE RESERVE THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE SECURITIES ACT AND
APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 

No transfer of any Note prior to the Resale Restriction Termination Date will be registered by the Note Registrar unless the applicable box on
the Form of Assignment and Transfer has been checked. 
 Any Note (or security issued in exchange or substitution therefor) as to which such
restrictions on transfer shall have expired in accordance with their terms may, upon surrender of such Note for exchange to the Note Registrar in accordance with the provisions of this Section 2.05, be exchanged for a new Note or Notes, of like
tenor and aggregate principal amount, which shall not bear the restrictive legend required by this Section 2.05(c) and shall not be assigned a restricted CUSIP number. The Company shall be entitled to instruct the Custodian in writing to so
surrender any Global Note as to which such restrictions on transfer shall have expired in accordance with their terms for exchange, and, upon such instruction, the Custodian shall so surrender such Global Note for exchange; and any new Global Note
so exchanged therefor shall not bear the restrictive legend specified in this Section 2.05(c) and shall not be assigned a restricted CUSIP number. The Company shall promptly notify the Trustee upon the occurrence of the Resale Restriction
Termination Date and promptly after a registration statement, if any, with respect to the Notes has been declared effective under the Securities Act. Notwithstanding the foregoing, on and after the Resale Restriction Termination Date, any Note (or
security issued in exchange or substitution therefor) will bear the restrictive legend required by this Section 2.05(c) at any time the Company reasonably determines that, to comply with applicable law, such Note (or security issued in exchange
or substitution therefore) must bear such legend. 
 Notwithstanding any other provisions of this Indenture (other than the provisions set
forth in this Section 2.05(c)), a Global Note may not be transferred as a whole or in part except (i) by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary
or by the Depositary or any such nominee to a successor Depositary or a nominee of such successor Depositary and (ii) to the extent otherwise permitted hereunder. 

The Depositary shall be a clearing agency registered under the Exchange Act. The Company initially appoints The Depository Trust Company to
act as Depositary with respect to each Global Note. Initially, each Global Note shall be issued to the Depositary, registered in the name of Cede & Co., as the nominee of the Depositary, and deposited with the Trustee as custodian for
Cede & Co. 

  
 17 

 A beneficial interest in a Global Note may only be exchanged for a Physical Note if (i) the
Depositary notifies the Company at any time that the Depositary is unwilling or unable to continue as depositary for the Global Notes and a successor depositary is not appointed within 90 days, (ii) the Depositary ceases to be registered
as a clearing agency under the Exchange Act and a successor depositary is not appointed within 90 days or (iii) an Event of Default with respect to the Notes has occurred and is continuing and a beneficial owner of any Note requests that
its beneficial interest therein be issued as a Physical Note, and in any such event the Company shall execute, and the Trustee, upon receipt of a Company Order for the authentication and delivery of Notes, shall authenticate and deliver (x) in
the case of clause (iii), a Physical Note to such beneficial owner in a principal amount equal to the principal amount of such Note corresponding such beneficial owner’s beneficial interest and (y) in the case of clause (i) or
(ii), Physical Notes to each beneficial owner of the related Global Notes (or a portion thereof) in an aggregate principal amount equal to the aggregate principal amount of such Global Notes in exchange for such Global Notes, and upon delivery of
the Global Notes to the Trustee such Global Notes shall be canceled. 
 Physical Notes issued in exchange for all or a part of the Global
Note pursuant to this Section 2.05(c) shall be registered in such names and in such authorized denominations as the Depositary, pursuant to instructions from its direct or indirect participants or otherwise, shall instruct the Trustee. Upon
execution and authentication, the Trustee shall deliver such Physical Notes to the Persons in whose names such Physical Notes are so registered. 

At such time as all interests in a Global Note have been converted, canceled, repurchased or transferred, such Global Note shall be, upon
receipt thereof, canceled by the Trustee in accordance with standing procedures and existing instructions between the Depositary and the Custodian. At any time prior to such cancellation, if any interest in a Global Note is exchanged for Physical
Notes, converted, canceled, repurchased or transferred to a transferee who receives Physical Notes therefor or any Physical Note is exchanged or transferred for part of such Global Note, the principal amount of such Global Note shall, in accordance
with the standing procedures and instructions existing between the Depositary and the Custodian, be appropriately reduced or increased, as the case may be, and an endorsement shall be made on such Global Note, by the Trustee or the Custodian, at the
direction of the Trustee, to reflect such reduction or increase. 
 None of the Company, the Trustee or any agent of the Company or the
Trustee shall have any responsibility or liability for the payment of amounts to owners of beneficial interests in a Global Note, for any aspect of the records relating to or payments made on account of beneficial ownership interests of a Global
Note or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests. None of the Company, the Trustee, any agent of the Company or the Trustee, the Note Registrar, any
co-Note Registrar, the Paying Agent, the Bid Solicitation Agent or the Conversion Agent shall have any responsibility for the performance by the Depositary or its participants or indirect participants of their
respective obligations under the rules and procedures governing their operations. None of the the Trustee, Conversion Agent, or Bid Solicitation Agent shall have any obligation to monitor the sale price of the Ordinary Shares or the Trading Price of
the Notes or to determine whether the Notes are convertible. 

  
 18 

 (d) The Trustee shall have no obligation or duty to monitor, determine or inquire as to
compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depositary participants or beneficial owners of
interests in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same
to determine substantial compliance as to form with the express requirements hereof. 
 (e) Any Note that is repurchased or owned by any
Affiliate of the Company may not be resold by such Affiliate unless registered under the Securities Act or resold pursuant to an exemption from the registration requirements of the Securities Act in a transaction that results in such Note no longer
being a “restricted security” (as defined under Rule 144 under the Securities Act). 
 Section 2.06. Mutilated, Destroyed,
Lost or Stolen Notes. In case any Note shall become mutilated or be destroyed, lost or stolen, the Company in its discretion may execute, and upon its written request the Trustee or an authenticating agent appointed by the Trustee shall
authenticate and deliver, a new Note, bearing a registration number not contemporaneously outstanding, in exchange and substitution for the mutilated Note, or in lieu of and in substitution for the Note so destroyed, lost or stolen. In every case
the applicant for a substituted Note shall furnish to the Company, to the Trustee and, if applicable, to such authenticating agent such security or indemnity as may be required by them to save each of them harmless from any loss, liability, cost or
expense caused by or connected with such substitution, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company, to the Trustee and, if applicable, to such authenticating agent evidence to their satisfaction
of the destruction, loss or theft of such Note and of the ownership thereof. 
 The Trustee or such authenticating agent may authenticate
any such substituted Note and deliver the same upon the receipt of such security or indemnity as the Trustee, the Company and, if applicable, such authenticating agent may require. No service charge shall be imposed by the Company, the Trustee, the
Note Registrar, any co-Note Registrar or the Paying Agent upon the issuance of any substitute Note, but the Company may require a Holder to pay a sum sufficient to cover any documentary, stamp or similar issue
or transfer tax or other similar governmental charge required by law or otherwise permitted hereunder. In case any Note that has matured or is about to mature or has been surrendered for required repurchase or is about to be converted in accordance
with Article 14 shall become mutilated or be destroyed, lost or stolen, the Company may, in its sole discretion, instead of issuing a substitute Note, pay or authorize the payment of or convert or authorize the conversion of the same (without
surrender thereof except in the case of a mutilated Note), as the case may be, if the applicant for such payment or conversion shall furnish to the Company, to the Trustee and, if applicable, to such authenticating agent such security or indemnity
as may be required by them to save each of them harmless for any loss, liability, cost or expense caused by or connected with such substitution, and, in every case of destruction, loss or theft, evidence satisfactory to the Company, the Trustee and,
if applicable, any Paying Agent or Conversion Agent evidence of their satisfaction of the destruction, loss or theft of such Note and of the ownership thereof. 

  
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 Every substitute Note issued pursuant to the provisions of this Section 2.06 by virtue of
the fact that any Note is destroyed, lost or stolen shall constitute an additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Note shall be found at any time, and shall be entitled to all the benefits of (but
shall be subject to all the limitations set forth in) this Indenture equally and proportionately with any and all other Notes duly issued hereunder. To the extent permitted by law, all Notes shall be held and owned upon the express condition that
the foregoing provisions are exclusive with respect to the replacement or payment or conversion or repurchase of mutilated, destroyed, lost or stolen Notes and shall preclude any and all other rights or remedies notwithstanding any law or statute
existing or hereafter enacted to the contrary with respect to the replacement or payment or conversion of negotiable instruments or other securities without their surrender. 

Section 2.07. Temporary Notes. Pending the preparation of Physical Notes, the Company may execute and the Trustee or an authenticating
agent appointed by the Trustee shall, upon written request of the Company, authenticate and deliver temporary Notes (printed or lithographed). Temporary Notes shall be issuable in any authorized denomination, and substantially in the form of the
Physical Notes but with such omissions, insertions and variations as may be appropriate for temporary Notes, all as may be determined by the Company. Every such temporary Note shall be executed by the Company and authenticated by the Trustee or such
authenticating agent upon the same conditions and in substantially the same manner, and with the same effect, as the Physical Notes. Without unreasonable delay, the Company shall execute and deliver to the Trustee or such authenticating agent
Physical Notes (other than any Global Note) and thereupon any or all temporary Notes (other than any Global Note) may be surrendered in exchange therefor, at each office or agency maintained by the Company pursuant to Section 4.02 and the
Trustee or such authenticating agent shall authenticate and deliver in exchange for such temporary Notes an equal aggregate principal amount of Physical Notes. Such exchange shall be made by the Company at its own expense and without any charge
therefor. Until so exchanged, the temporary Notes shall in all respects be entitled to the same benefits and subject to the same limitations under this Indenture as Physical Notes authenticated and delivered hereunder. 

Section 2.08. Cancellation of Notes Paid, Converted, Etc. The Company shall cause all Notes surrendered for the purpose of payment,
repurchase, registration of transfer or exchange or conversion, if surrendered to any Person other than the Trustee (including any of the Company’s Agents, Subsidiaries or Affiliates), to be delivered to the Trustee for cancellation. All Notes
delivered to the Trustee shall be canceled promptly by it, and no Notes shall be authenticated in exchange thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance
with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at the Company’s written request in a Company Order. 

Section 2.09. CUSIP Numbers. The Company in issuing the Notes may use “CUSIP” numbers (if then generally in use), and, if so,
the Trustee shall use “CUSIP” numbers in all notices issued to Holders as a convenience to such Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed
on the Notes or on such notice and that reliance may be placed only on the other identification numbers printed on the Notes. The Company shall promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 

  
 20 

 Section 2.10. Additional Notes; Repurchases. The Company may, without the consent of the
Holders, reopen this Indenture and issue additional Notes hereunder with the same terms and conditions, except for any difference in the issue price and interest accrued prior to the issue date of the additional Notes, and with the same CUSIP number
as the Notes initially issued hereunder in an unlimited aggregate principal amount; provided that if such additional Notes are not fungible with the Notes initially issued hereunder for U.S. federal income tax purposes, the additional Notes
shall have a separate CUSIP number. In addition, the Company may, to the extent permitted by law, and directly or indirectly (regardless of whether such Notes are surrendered to the Company), repurchase Notes in the open market or otherwise, whether
by the Company or its Subsidiaries or through a privately negotiated transaction or public tender or exchange offer or through counterparties to private agreements, including by cash-settled swaps or other derivatives, in each case, without prior
notice to Holders and without any obligation under this Section 2.10 to repurchase any other Holder’s Notes. The Company shall cause any Notes so repurchased (other than Notes repurchased pursuant to cash-settled swaps or other
cash-settled derivatives) to be surrendered to the Trustee for cancellation in accordance with Section 2.08. 
 Section 2.11.
Additional Amounts. (a) All payments made by or on behalf of, the Company (or any successor entity) under or with respect to the notes will be made free and clear of and without withholding or deduction for, or on account of, any present
or future tax, duty, levy, impost, assessment or other governmental charge (including penalties, interest and any other liabilities related thereto, and, for the avoidance of doubt, including any withholding or deduction for or on account of any of
the foregoing) (“Taxes”), unless the withholding or deduction of such Taxes is then required by law. To the extent any deduction or withholding for, or on account of, any Taxes imposed or levied by or on behalf of (1) any
jurisdiction in which the Company is then incorporated, engaged in business, organized or resident for tax purposes or any political subdivision thereof or therein or (2) any jurisdiction from or through which payment is made by or on behalf of
the Company (including, without limitation, the jurisdiction of any paying agent) or any political subdivision thereof or therein (each of (1) and (2), a “Tax Jurisdiction”), will at any time be required to be made from any
payments under or with respect to the Notes, including, without limitation, payments of principal, redemption price, purchase price, interest or premium, the Company will pay such additional amounts (the “Additional Amounts”) as may
be necessary in order that the net amounts received and retained in respect of such payments after such withholding or deduction will equal the respective amounts of cash that would have been received and retained in respect of such payments in the
absence of such withholding or deduction; provided, however, that no Additional Amounts will be payable with respect to: 

(i) any Taxes, to the extent such Taxes would not have been imposed but for the Holder or the beneficial owner of the Notes (or
a fiduciary, settlor, beneficiary, partner of, member or shareholder of, or possessor of a power over, the relevant holder, if the relevant holder is an estate, trust, nominee, partnership, limited liability company or corporation) being a citizen
or resident or national of or incorporated in, the relevant Tax Jurisdiction in which such Taxes are imposed or having any other present or former connection with the relevant Tax Jurisdiction other than the acquisition or holding of such Notes, the
exercise or enforcement of rights under such Note or this Indenture or the receipt of payments in respect of such Note; 

  
 21 

 (ii) any Taxes, to the extent such Taxes were imposed as a result of the
presentation of a Note for payment (where presentation is required) more than 30 days after the relevant payment is first made available for payment to the Holder (except to the extent that the Holder would have been entitled to Additional Amounts
had the Note been presented on the last day of such 30 day period); 
 (iii) any estate, inheritance, gift, sale, transfer,
personal property or similar Taxes; 
 (iv) any Taxes withheld, deducted or imposed on a payment to an individual and that
are required to be made pursuant to European Council Directive 2003/48/EC or any other directive implementing the conclusions of the ECOFIN Council meeting of November 26 and 27, 2000 on the taxation of savings income, or any law implementing
or complying with or introduced in order to conform to, such directive; 
 (v) any Taxes payable other than by deduction or
withholding from payments under, or with respect to, the Notes; 
 (vi) any Taxes to the extent such Taxes are imposed or
withheld by reason of the failure of the Holder or beneficial owner of notes, following the Company’s reasonable written request addressed to the Holder or beneficial owner at least 60 days before any such withholding or deduction would be
applied to a payment to the Holder or beneficial owner, to comply with any certification, identification, information or other reporting requirements, whether required by statute, treaty, regulation or administrative practice of a Tax Jurisdiction,
as a precondition to exemption from, or reduction in the rate of deduction or withholding of, Taxes imposed by the Tax Jurisdiction (including, without limitation, a certification that the Holder or beneficial owner is not resident in the Tax
Jurisdiction), but in each case, only to the extent the Holder or beneficial owner is legally entitled to provide such certification or documentation; 

(vii) any Taxes imposed or withheld by reason of the failure of the Holder or beneficial owner of the Notes to comply with the
requirements of Sections 1471 through 1474 of the Code as of the date hereof (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), the U.S. Treasury Regulations issued thereunder or
any official interpretation thereof or any agreement entered into pursuant to Section 1471(b) of the Code; or 
 (viii)
any combination of clauses (i) through (vii) above. 
 In addition to the foregoing, the Company will also pay and indemnify the
Holder for any present or future stamp, issue, registration, value added, transfer, court or documentary Taxes, or any other excise or property taxes, charges or similar levies (including penalties, interest and any other liabilities related
thereto) which are levied by any jurisdiction on the execution, delivery, issuance, or registration of any of the Notes, this Indenture, or any other document referred to therein, or the receipt of any payments with respect thereto, or enforcement
of, any of the Notes. 

  
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 If the Company becomes aware that it will be obligated to pay Additional Amounts with respect to
any payment under or with respect to the Notes, it will deliver to the Trustee on a date that is at least 30 days prior to the date of that payment (unless the obligation to pay Additional Amounts arises after the 30th day prior to that payment
date, in which case it shall notify the Trustee promptly thereafter) an Officer’s Certificate stating the fact that Additional Amounts will be payable and the amount estimated to be so payable. The Officer’s Certificate must also set forth
any other information reasonably necessary to enable the paying agents to pay Additional Amounts to Holders on the relevant payment date. The Company will provide the Trustee with documentation reasonably satisfactory to the Trustee evidencing the
payment of Additional Amounts. The Trustee shall be entitled to rely absolutely on an Officer’s Certificate as conclusive proof that such payments are necessary, and may conclusively presume that no payments are necessary unless and until it
receives any such Officer’s Certificate. 
 The Company will make all withholdings and deductions (within the time period and in the
minimum amount) required by law and will remit the full amount deducted or withheld to the relevant Tax authority in accordance with applicable law. The Company will use its reasonable efforts to obtain Tax receipts from each Tax authority
evidencing the payment of any Taxes so deducted or withheld. The Company will furnish to the Trustee (or to a Holder upon request), within 60 days after the date the payment of any Taxes so deducted or withheld is made, certified copies of Tax
receipts evidencing payment by the Company, or if, notwithstanding its efforts to obtain receipts, receipts are not obtained, other evidence of payments (reasonably satisfactory to the Trustee) by the Company. 

Whenever in this Indenture, the Notes or in the Private Placement Circular there is mentioned, in any context, the payment of amounts based
upon the principal amount of the Notes or of principal, interest or of any other amount payable under, or with respect to, the Notes, such mention shall be deemed to include mention of the payment of Additional Amounts to the extent that, in such
context, Additional Amounts are, were or would be payable in respect thereof. 
 The obligations in this Section 2.11 will survive any
termination, defeasance or discharge of this Indenture, any transfer by a Holder or beneficial owner of its Notes, and will apply, mutatis mutandis, to any jurisdiction in which any successor person to the Company is incorporated, engaged in
business, organized or resident for tax purposes or any jurisdiction from or through which such Person makes any payment on the Notes and any political subdivision thereof or therein. 

ARTICLE 3 
 SATISFACTION AND
DISCHARGE 
 Section 3.01. Satisfaction and Discharge. This Indenture shall upon request of the Company contained in an
Officer’s Certificate cease to be of further effect, and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when (a) (i) all Notes theretofore
authenticated and delivered (other than (x) Notes which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 2.06 and (y) Notes for whose payment money has theretofore been deposited in trust
or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from such trust, as provided in Section 3.04) have been delivered to the Trustee for cancellation; or (ii) the Company has deposited with the
Trustee or paid to Holders, as applicable, after the Notes have become due and payable, whether on the Maturity Date, any 

  
 23 

 
Fundamental Change Repurchase Date, upon conversion or otherwise, cash sufficient to pay all of the outstanding Notes and all other sums due and payable under this Indenture by the Company; and
(b) the Company has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied
with. Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section 7.06 shall survive. 

Section 3.02. Application of Trust Money. Subject to the provisions of Section 3.03, the Trustee or a Paying Agent shall hold in
trust, for the benefit of the Holders, all money deposited with it pursuant to Section 3.01 and shall apply the deposited money in accordance with this Indenture and the Notes to the payment of the principal of, and interest on, and the cash
due upon conversion of, the Notes; provided that such money need not be segregated from other funds except to the extent required by law. 

Section 3.03. Repayment to Company. The Trustee and each Paying Agent shall promptly pay to the Company upon request any excess money
(i) deposited with them pursuant to Section 3.01 and (ii) held by them at any time. 
 Section 3.04. Money held in
Trust. Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal (including the Fundamental Change Repurchase Price, if applicable) of, and accrued and unpaid interest on,
any Note and remaining unclaimed for two years after such principal (including the Fundamental Change Repurchase Price, if applicable) or interest has become due and payable shall be paid to the Company on request of the Company contained in an
Officer’s Certificate, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Note shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the
Trustee or such Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such
repayment, may at the expense of the Company cause to be published once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation in The Borough of Manhattan, The City of New York,
notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company. 

ARTICLE 4 
 PARTICULAR
COVENANTS OF THE COMPANY 
 Section 4.01. Payment of Principal and Interest. (a) The Company covenants and agrees that it will
cause to be paid the principal (including the Fundamental Change Repurchase Price, if applicable) of, and accrued and unpaid interest on, each of the Notes (and, for the avoidance of doubt, all related Additional Amounts, if applicable) at the
places, at the respective times and in the manner provided herein and in the Notes. 

  
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 (b) An installment of principal (including the Fundamental Change Repurchase Price, if
applicable) or interest will be considered paid on the date due if the Trustee (or Paying Agent, if other than the Company or any Affiliate of the Company) holds on that date by 12:00 p.m., New York City time, money designated for and
sufficient to pay the installment. If the Company or any Affiliate of the Company acts as Paying Agent, an installment of principal or interest will be considered paid on the due date only if paid to the Holders on or prior to such date. 

Section 4.02. Maintenance of Office or Agency. The Company will maintain in the Borough of Manhattan, The City of New York, an office
or agency where the Notes may be surrendered for registration of transfer or exchange or for presentation for payment or repurchase (“Paying Agent”) or for conversion (“Conversion Agent”) and where notices and
demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company
shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the office or agency of the Trustee in the Borough
of Manhattan, The City of New York. 
 The Company may also from time to time designate as co-Note
Registrars one or more other offices or agencies where the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided that no such designation or rescission shall in any
manner relieve the Company of its obligation to maintain an office or agency in the Borough of Manhattan, The City of New York, for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and
of any change in the location of any such other office or agency. The terms “Paying Agent” and “Conversion Agent” include any such additional or other offices or agencies, as applicable. 

The Company hereby initially designates the Trustee as the Paying Agent, Note Registrar, Custodian and Conversion Agent and the office or
agency of the Trustee in the Borough of Manhattan, The City of New York, each shall be considered as one such office or agency of the Company for each of the aforesaid purposes. 

Section 4.03. [Reserved]. 

Section 4.04. [Reserved]. 

Section 4.05. Existence. Except to the extent not prohibited by Article 11, the Company shall do or cause to be done all things
necessary to preserve and keep in full force and effect its corporate existence. 
 Section 4.06. Rule 144A Information Requirement
and Annual Reports. (a) At any time the Company is not subject to Section 13 or 15(d) of the Exchange Act, the Company shall, so long as any of the Notes shall, at such time, constitute “restricted securities” within the
meaning of Rule 144(a)(3) under the Securities Act, promptly provide to the Trustee and shall, upon written request, provide to any Holder, beneficial owner or prospective purchaser of such Notes the information required to be delivered
pursuant to Rule 144A(d)(4) under the Securities Act to facilitate the resale of such Notes pursuant to Rule 144A under the Securities Act. The Company shall take such further action as any Holder or beneficial owner of such Notes may
reasonably request to the extent from time to time required to enable such Holder or beneficial owner to sell such Notes in accordance with Rule 144A under the Securities Act, as such rule may be amended from time to time. 

  
 25 

 (b) The Company shall file with the Trustee, within 15 days after the same are required to
be filed with the Commission, copies of any documents or reports that the Company is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act (giving effect to any grace period provided by Rule 12b-25 under the Exchange Act). Any such document or report that the Company files with the Commission via the Commission’s EDGAR system shall be deemed to be filed with the Trustee for purposes of
this Section 4.06(b) at the time such documents are filed via the EDGAR system. 
 (c) Delivery of the reports and documents described
in subsection (b) above to the Trustee is for informational purposes only, and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein,
including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to conclusively rely on an Officer’s Certificate). 

(d) If, at any time during the six-month period beginning on, and including, the date that is six months after the last date of original
issuance of the Notes, the Company fails to timely file any document or report that it is required to file with the Commission pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (after giving effect to all applicable grace
periods thereunder and other than reports on Form 8-K), or the Notes are not otherwise freely tradable by Holders other than the Company’s Affiliates (as a result of restrictions pursuant to U.S.
securities laws or the terms of this Indenture or the Notes), the Company shall pay Additional Interest on the Notes. Such Additional Interest shall accrue on the Notes at a rate equal to 0.25% per annum of the principal amount of the Notes
outstanding for each day during the first 90-day period for which the Company’s failure to file has occurred and is continuing or the Notes are not otherwise freely tradable by Holders other than the
Company’s Affiliates (as a result of restrictions pursuant to U.S. securities laws or the terms of this Indenture or the Notes), and 0.50% per annum thereafter. As used in this Section 4.06(d), documents or reports that the Company is
required to “file” with the Commission pursuant to Section 13 or 15(d) of the Exchange Act does not include documents or reports that the Company furnishes to the Commission pursuant to Section 13 or 15(d) of the Exchange Act.

 (e) If, and for so long as, the restrictive legend on the Notes specified in Section 2.05(c) has not been removed, the Notes are
assigned a restricted CUSIP or the Notes are not otherwise freely tradable by Holders other than the Company’s Affiliates (without restrictions pursuant to U.S. securities laws or the terms of this Indenture or the Notes) as of the 375th day
after the last date of original issuance of the Notes, the Company shall pay Additional Interest on the Notes at a rate equal to 0.50% per annum of the principal amount of Notes outstanding until the restrictive legend on the Notes has been
removed in accordance with Section 2.05(c), the Notes have been assigned an unrestricted CUSIP and the Notes are freely tradable by Holders other than the Company’s Affiliates (without restrictions pursuant to U.S. securities laws or the
terms of this Indenture or the Notes). 

  
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 (f) Additional Interest will be payable in arrears on each Interest Payment Date following
accrual in the same manner as regular interest on the Notes. 
 (g) The Additional Interest that is payable in accordance with
Section 4.06(d) or Section 4.06 (e) shall be in addition to, and not in lieu of, any Additional Interest that may be payable as a result of the Company’s election pursuant to Section 6.03. 

(h) If Additional Interest is payable by the Company pursuant to Section 4.06(d) or Section 4.06(e), the Company shall deliver to
the Trustee an Officer’s Certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Responsible Officer of the
Trustee receives at the Corporate Trust Office such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company
shall deliver to the Trustee an Officer’s Certificate setting forth the particulars of such payment. 
 Section 4.07. Stay,
Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law
or other law that would prohibit or forgive the Company from paying all or any portion of the principal of or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, or that may affect the covenants or
the performance of this Indenture; and the Company (in each case, to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that it will not, resort to any such law to the extent it
would hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted. 

Section 4.08. Compliance Certificate; Statements as to Defaults. The Company shall deliver to the Trustee within 120 days after
the end of each fiscal year of the Company (beginning with the fiscal year ending on December 31, 2015) an Officer’s Certificate stating whether the signers thereof have knowledge of any Default by the Company during the previous year and,
if so, specifying each such Default and the nature thereof. 
 In addition, the Company shall deliver to the Trustee, within 30 days
after the occurrence of any Event of Default or Default, an Officer’s Certificate setting forth the details of such Event of Default or Default, its status and the action that the Company is taking or proposing to take in respect thereof. 

ARTICLE 5 
 [INTENTIONALLY
OMITTED] 
 ARTICLE 6 

DEFAULTS AND REMEDIES 
 Section
6.01. Events of Default. The following events shall be “Events of Default” with respect to the Notes: 
 (a) default in any
payment of interest on any Note when due and payable, and the default continues for a period of 30 days; 

  
 27 

 (b) default in the payment of principal of any Note when due and payable on the Maturity Date,
upon any required repurchase, upon declaration of acceleration or otherwise; 
 (c) failure by the Company to comply with its obligation to
convert the Notes in accordance with this Indenture upon exercise of a Holder’s conversion right and such failure continues for two Business Days; 

(d) failure by the Company to issue a Fundamental Change Company Notice in accordance with Section 15.02(c) or notice of a specified
corporate transaction in accordance with Section 14.01(b)(ii) or 14.01(b)(iii), in each case, when due and such failure continues for three calendar days; 

(e) failure by the Company to comply with its obligations set forth in Article 11; 

(f) failure by the Company for 60 days after written notice from the Trustee or the Holders of at least 25% in principal amount of the
Notes then outstanding has been received by the Company to comply with any of its other agreements contained in the Notes or this Indenture; 

(g) default by the Company or any Subsidiary of the Company with respect to any mortgage, agreement or other instrument under which there may
be outstanding, or by which there may be secured or evidenced, any indebtedness for money borrowed in excess of $25,000,000 in the aggregate of the Company and/or any such Subsidiary, whether such indebtedness now exists or shall hereafter be
created (i) resulting in such indebtedness becoming or being accelerated and declared due and payable prior to its stated maturity date or (ii) constituting a failure to pay the principal or interest of any such debt when due and payable
(after the expiration of any applicable grace period) at its stated maturity, upon required repurchase, upon declaration of acceleration or otherwise; 

(h) [Reserved.]; 
 (i) the
Company or any Significant Subsidiary shall commence a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to the Company or any such Significant Subsidiary or its debts under any bankruptcy,
insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the Company or any such Significant Subsidiary or any substantial part of its property,
or shall consent to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it, or shall make a general assignment for the benefit of creditors, or shall fail
generally to pay its debts as they become due; or 
 (j) an involuntary case or other proceeding shall be commenced against the Company or
any Significant Subsidiary seeking liquidation, reorganization or other relief with respect to the Company or such Significant Subsidiary or its debts under any bankruptcy, 

  
 28 

 
insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of the Company or such Significant
Subsidiary or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed or unstayed for a period of 60 consecutive days. 

Section 6.02. Acceleration; Rescission and Annulment. If one or more Events of Default shall have occurred and be continuing, then, and
in each and every such case (other than an Event of Default specified in Section 6.01(i) or Section 6.01(j) with respect to the Company or any of its Significant Subsidiaries), unless the principal of all of the Notes shall have already
become due and payable, either the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding determined in accordance with Section 8.04, by notice in writing to the Company (and to the Trustee if given
by Holders), may declare 100% of the principal of, and accrued and unpaid interest on, all the Notes to be due and payable immediately, and upon any such declaration the same shall become and shall automatically be immediately due and payable. If an
Event of Default specified in Section 6.01(i) or Section 6.01(j) with respect to the Company or any of its Significant Subsidiaries occurs and is continuing, 100% of the principal of, and accrued and unpaid interest, if any, on, all Notes
shall become and shall automatically be immediately due and payable. 
 The immediately preceding paragraph, however, is subject to the
conditions that if, at any time after the principal of the Notes shall have been so declared due and payable, and before any judgment or decree for the payment of the monies due shall have been obtained or entered as hereinafter provided, the
Company shall pay or shall deposit with the Trustee a sum sufficient to pay installments of accrued and unpaid interest upon all Notes and the principal of any and all Notes that shall have become due otherwise than by acceleration (with interest on
overdue installments of accrued and unpaid interest and on such principal to the extent that payment of such interest is enforceable under applicable law, at the rate borne by the Notes at such time) and amounts due to the Trustee pursuant to
Section 7.06, and if (1) rescission would not conflict with any judgment or decree of a court of competent jurisdiction and (2) any and all existing Events of Default under this Indenture, other than the nonpayment of the principal of
and accrued and unpaid interest, if any, on Notes that shall have become due solely by such acceleration, shall have been cured or waived pursuant to Section 6.09, then and in every such case (except as provided in the immediately succeeding
sentence) the Holders of a majority in aggregate principal amount of the Notes then outstanding, by written notice to the Company and to the Trustee, may waive all Defaults or Events of Default with respect to the Notes and rescind and annul such
declaration and its consequences and such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver or rescission and annulment shall extend to
or shall affect any subsequent Default or Event of Default, or shall impair any right consequent thereon. Notwithstanding anything to the contrary herein, no such waiver or rescission and annulment shall extend to or shall affect any Default or
Event of Default resulting from (i) the nonpayment of the principal (including the Fundamental Change Repurchase Price, if applicable) of, or accrued and unpaid interest on, any Notes or (ii) a failure to pay the cash due upon conversion
of the Notes. 

  
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 Section 6.03. Additional Interest. Notwithstanding anything in this Indenture or in the
Notes to the contrary, to the extent the Company elects, the sole remedy for Event of Default relating to the Company’s failure to comply with its obligations as set forth in Section 4.06(b) shall (i) for the first 90 days after
the occurrence of such an Event of Default (beginning on, and including, the date on which such an Event of Default first occurs), consist exclusively of the right to receive Additional Interest on the notes equal to 0.25% per annum of the
principal amount of such Notes outstanding for each day during such 90-day period on which such Event of Default is occurring and (ii) for the period from, and including, the 91st day after the
occurrence of such an Event of Default to, and including, the 180th day after the occurrence of such an Event of Default, consist exclusively of the right to receive Additional Interest on the notes equal to 0.50% per annum of the principal
amount of Notes outstanding for each day during such additional 90-day period on which such Event of Default is continuing. Additional Interest payable pursuant to this Section 6.03 shall be in addition
to, not in lieu of, any Additional Interest payable pursuant to Section 4.06(d) or Section 4.06(e). If the Company so elects, such Additional Interest shall be payable in the same manner and on the same dates as the stated interest payable
on the Notes. On the 181st day after such Event of Default (if the Event of Default relating to the Company’s failure to file under Section 4.06(b) is not cured or waived prior to such 181st day), the Notes will be subject to acceleration
as provided in Section 6.02. In the event the Company does not elect to pay Additional Interest following an Event of Default in accordance with this Section 6.03 or the Company elected to make such payment but does not pay the Additional
Interest when due, the Notes shall be subject to acceleration as provided in Section 6.02. 
 In order to elect to pay Additional
Interest as the sole remedy during the first 180 days after the occurrence of any Event of Default relating to the Company’s failure to comply with its obligations as set forth in Section 4.06(b), the Company must notify all Holders
of the Notes, the Trustee and the Paying Agent of such election prior to the beginning of such 180-day period. Upon the failure to timely give such notice, the Notes shall be immediately subject to acceleration as provided in Section 6.02. 

Section 6.04. Payments of Notes on Default; Suit Therefor. If an Event of Default described in clause (a) or (b) of
Section 6.01 shall have occurred and is continuing, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment
or final decree and may enforce the same against the Company or any other obligor upon the Notes and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company or any other obligor upon the
Notes, wherever situated. 
 In the event there shall be pending proceedings for the bankruptcy or for the reorganization of the Company or
any other obligor on the Notes under Title 11 of the United States Code, or any other applicable law, or in case a receiver, assignee or trustee in bankruptcy or reorganization, liquidator, sequestrator or similar official shall have been
appointed for or taken possession of the Company or such other obligor, the property of the Company or such other obligor, or in the event of any other judicial proceedings relative to the Company or such other obligor upon the Notes, or to the
creditors or property of the Company or such other obligor, the Trustee shall be entitled and empowered, by intervention in such proceedings or otherwise, to file and prove a claim or claims for the whole amount of principal and accrued and unpaid
interest, if any, in respect of the Notes, and, in case of any judicial proceedings, to file such proofs of claim and other papers or documents and to take such other actions as may be 

  
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necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and
counsel) and of the Holders allowed in such judicial proceedings relative to the Company or any other obligor on the Notes, its or their creditors, or its or their property, and to collect and receive any monies or other property payable or
deliverable on any such claims, and to distribute the same after the deduction of any amounts due to the Trustee under Section 7.06; and any receiver, assignee or trustee in bankruptcy or reorganization, liquidator, custodian or similar
official is hereby authorized by each of the Holders to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for reasonable
compensation, expenses, advances and disbursements, including agents and counsel fees, and including any other amounts due to the Trustee under Section 7.06, incurred by it up to the date of such distribution. To the extent that such payment of
reasonable compensation, expenses, advances and disbursements out of the estate in any such proceedings shall be denied for any reason, payment of the same shall be secured by a lien on, and shall be paid out of, any and all distributions,
dividends, monies, securities and other property that the Holders of the Notes may be entitled to receive in such proceedings, whether in liquidation or under any plan of reorganization or arrangement or otherwise. 

Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any
plan of reorganization, arrangement, adjustment or composition affecting such Holder or the rights of any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding. 

All rights of action and of asserting claims under this Indenture, or under any of the Notes, may be enforced by the Trustee without the
possession of any of the Notes, or the production thereof at any trial or other proceeding relative thereto, and any such suit or proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery
of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Notes. 

In any proceedings brought by the Trustee (and in any proceedings involving the interpretation of any provision of this Indenture to which the
Trustee shall be a party) the Trustee shall be held to represent all the Holders of the Notes, and it shall not be necessary to make any Holders of the Notes parties to any such proceedings. 

In case the Trustee shall have proceeded to enforce any right under this Indenture and such proceedings shall have been discontinued or
abandoned because of any waiver pursuant to Section 6.09 or any rescission and annulment pursuant to Section 6.02 or for any other reason or shall have been determined adversely to the Trustee, then and in every such case the Company, the
Holders, and the Trustee shall, subject to any determination in such proceeding, be restored respectively to their several positions and rights hereunder, and all rights, remedies and powers of the Company, the Holders, and the Trustee shall
continue as though no such proceeding had been instituted. 

  
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 Section 6.05. Application of Monies Collected by Trustee. Any monies collected by the
Trustee pursuant to this Article 6 with respect to the Notes shall be applied in the following order, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several Notes, and stamping thereon
the payment, if only partially paid, and upon surrender thereof, if fully paid: 
 First, to the payment of all amounts due the
Trustee under Section 7.06; 
 Second, to Holders for amounts due and unpaid on the Notes for principal and interest, ratably,
without preference or priority of any kind, according to the amounts due and payable on the Notes for principal and interest, respectively; and 

Third, to the Company. 

Section 6.06. Proceedings by Holders. Except to enforce the right to receive payment of principal (including, if applicable, the
Fundamental Change Repurchase Price) or interest when due, or the right to receive payment of the cash due upon conversion, no Holder of any Note shall have any right by virtue of or by availing of any provision of this Indenture to institute any
suit, action or proceeding in equity or at law upon or under or with respect to this Indenture, or for the appointment of a receiver, trustee, liquidator, custodian or other similar official, or for any other remedy hereunder, unless: 

(a) such Holder previously shall have given to the Trustee written notice of an Event of Default and of the continuance thereof, as herein
provided; 
 (b) Holders of at least 25% in aggregate principal amount of the Notes then outstanding have made written request upon the
Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder; 
 (c) such Holders have offered to the Trustee
security or indemnity reasonably satisfactory to it against any loss, liability or expense to be incurred therein or thereby; 
 (d) the
Trustee, for 60 days after its receipt of such notice, request and offer of indemnity, has neglected or refused to institute any such action, suit or proceeding; and 

(e) the Holders of a majority of the aggregate principal amount of the Notes then outstanding have not given the Trustee a direction pursuant
to Section 6.09 that, in the opinion of the Trustee, is inconsistent with such written request within such 60-day period, it being understood and intended, and being expressly covenanted by the taker and
Holder of every Note with every other taker and Holder and the Trustee that no one or more Holders shall have any right in any manner whatever by virtue of or by availing of any provision of this Indenture to affect, disturb or prejudice the rights
of any other Holder, or to obtain or seek to obtain priority over or preference to any other such Holder, or to enforce any right under this Indenture, except in the manner herein provided and for the equal, ratable and common benefit of all Holders
(except as otherwise provided herein). For the protection and enforcement of this Section 6.06, each and every Holder and the Trustee shall be entitled to such relief as can be given either at law or in equity. 

  
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 Notwithstanding any other provision of this Indenture and any provision of any Note, the right of
any Holder to receive payment of (x) the principal (including the Fundamental Change Repurchase Price, if applicable) of, (y) accrued and unpaid interest, if any, on, and (z) the cash due upon conversion of, such Note (including, for
the avoidance of doubt, all related Additional Amounts, if applicable), on or after the respective due dates expressed or provided for in such Note or in this Indenture, or to institute suit for the enforcement of any such payment on or after such
respective dates against the Company shall not be impaired or affected without the consent of such Holder. 
 Section 6.07. Proceedings
by Trustee. In case of an Event of Default, the Trustee may in its discretion proceed to protect and enforce the rights vested in it by this Indenture by such appropriate judicial proceedings as are necessary to protect and enforce any of such
rights, either by suit in equity or by action at law or by proceeding in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture or in aid of the exercise of any power granted in this
Indenture, or to enforce any other legal or equitable right vested in the Trustee by this Indenture or by law. 
 Section 6.08. Remedies
Cumulative and Continuing. Except as provided in the last paragraph of Section 2.06, all powers and remedies given by this Article 6 to the Trustee or to the Holders shall, to the extent permitted by law, be deemed cumulative and not
exclusive of any thereof or of any other powers and remedies available to the Trustee or the Holders of the Notes, by judicial proceedings or otherwise, to enforce the performance or observance of the covenants and agreements contained in this
Indenture, and no delay or omission of the Trustee or of any Holder of any of the Notes to exercise any right or power accruing upon any Default or Event of Default shall impair any such right or power, or shall be construed to be a waiver of any
such Default or Event of Default or any acquiescence therein; and, subject to the provisions of Section 6.06 or as otherwise expressly provided in this Indenture, every power and remedy given by this Article 6 or by law to the Trustee or
to the Holders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or by the Holders. 
 Section
6.09. Direction of Proceedings and Waiver of Defaults by Majority of Holders. The Holders of a majority of the aggregate principal amount of the Notes at the time outstanding determined in accordance with Section 8.04 shall have the
right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee with respect to Notes; provided, however, that (a) such
direction shall not be in conflict with any applicable rule of law or with this Indenture, and (b) the Trustee may take any other action deemed proper by the Trustee that is not inconsistent with such direction and that is not in conflict with
any applicable rule of law or with this Indenture. The Trustee may refuse to follow any direction that it determines is unduly prejudicial to the rights of any other Holder or that would involve the Trustee in personal liability. The Holders of a
majority in aggregate principal amount of the Notes at the time outstanding determined in accordance with Section 8.04 may on behalf of the Holders of all of the Notes waive any past Default or Event of Default hereunder and its consequences
except (i) a default in the payment of accrued and unpaid interest, if any, on, or the principal (including any Fundamental Change Repurchase Price) of, the Notes when due that has not been paid, (ii) a failure by the Company to pay the
cash due upon conversion of the Notes or (iii) a default in respect of a covenant or provision hereof which under Article 10 cannot be modified or amended 

  
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without the consent of each Holder of an outstanding Note affected. Upon any such waiver the Company, the Trustee and the Holders of the Notes shall be restored to their former positions and
rights hereunder; but no such waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. Whenever any Default or Event of Default hereunder shall have been waived as permitted by this
Section 6.09, said Default or Event of Default shall for all purposes of the Notes and this Indenture be deemed to have been cured and to be not continuing; but no such waiver shall extend to any subsequent or other Default or Event of Default
or impair any right consequent thereon. 
 Section 6.10. Notice of Defaults. The Trustee shall, within 90 days after the
occurrence and continuance of a Default of which a Responsible Officer has actual knowledge, deliver to all Holders as the names and addresses of such Holders appear upon the Note Register, notice of all Defaults known to a Responsible Officer,
unless such Defaults shall have been cured or waived before the giving of such notice; provided that, except in the case of a Default in the payment of the principal of (including the Fundamental Change Repurchase Price, if applicable), or
accrued and unpaid interest on, any of the Notes or a Default in the payment of the cash due upon conversion, the Trustee shall be protected in withholding such notice if and so long as a committee of Responsible Officers of the Trustee in good
faith determines that the withholding of such notice is in the interests of the Holders. 
 Section 6.11. Undertaking to Pay Costs.
All parties to this Indenture agree, and each Holder of any Note by its acceptance thereof shall be deemed to have agreed, that any court may, in its discretion, require, in any suit for the enforcement of any right or remedy under this Indenture,
or in any suit against the Trustee for any action taken or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit and that such court may in its discretion assess reasonable costs,
including reasonable attorneys’ fees and expenses, against any party litigant in such suit, having due regard to the merits and good faith of the claims or defenses made by such party litigant; provided that the provisions of this
Section 6.11 (to the extent permitted by law) shall not apply to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in the aggregate more than 10% in principal amount of the Notes at the time
outstanding determined in accordance with Section 8.04, or to any suit instituted by any Holder pursuant to the last paragraph of Section 6.06 (or, for the avoidance of doubt, to enforce the payment of any related Additional Amounts, if
applicable). 
 ARTICLE 7 

CONCERNING THE TRUSTEE 
 Section
7.01. Duties and Responsibilities of Trustee. The Trustee, prior to the occurrence of an Event of Default and after the curing or waiver of all Events of Default that may have occurred, undertakes to perform such duties and only such duties
as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee. In case an Event of Default has occurred that has not been cured or waived the Trustee shall exercise
such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs;
provided that if an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any of the 

  
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rights or powers under this Indenture at the request or direction of any of the Holders unless such Holders have offered to the Trustee indemnity or security reasonably satisfactory to the
Trustee against the costs, expenses and liabilities that might be incurred by it in compliance with such request or direction. 
 No
provision of this Indenture shall be construed to relieve the Trustee from liability for its own grossly negligent action, its own grossly negligent failure to act or its own willful misconduct, except that: 

(a) prior to the occurrence of an Event of Default and after the curing or waiving of all Events of Default that may have occurred: 

(i) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, and the
Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture and no implied covenants or obligations shall be read into this Indenture against the Trustee; and 

(ii) in the absence of bad faith or willful misconduct on the part of the Trustee, the Trustee may conclusively rely, as to the
truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but, in the case of any such certificates or opinions
that by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not confirm or
investigate the accuracy of any mathematical calculations or other facts stated therein); 
 (b) the Trustee shall not be liable for any
error of judgment made in good faith by a Responsible Officer of the Trustee, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; 

(c) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the
direction of the Holders of not less than a majority of the aggregate principal amount of the Notes at the time outstanding determined as provided in Section 8.04 relating to the time, method and place of conducting any proceeding for any
remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture; 
 (d) whether or not
therein provided, every provision of this Indenture relating to the conduct or affecting the liability of, or affording protection to, the Trustee shall be subject to the provisions of this Section; 

(e) the Trustee shall not be liable in respect of any payment (as to the correctness of amount, entitlement to receive or any other matters
relating to payment) or notice effected by the Company or any Paying Agent or any records maintained by any co-Note Registrar with respect to the Notes; 

  
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 (f) if any party fails to deliver a notice relating to an event the fact of which, pursuant to
this Indenture, requires notice to be sent to the Trustee, the Trustee may conclusively rely on its failure to receive such notice as reason to act as if no such event occurred, unless a Responsible Officer of the Trustee has actual knowledge of
such event; and 
 (g) the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its
right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 

None of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal
financial liability in the performance of any of its duties or in the exercise of any of its rights or powers. 
 Section 7.02. Reliance
on Documents, Opinions, Etc. Except as otherwise provided in Section 7.01: 
 (a) the Trustee may conclusively rely, and shall be
fully protected in acting, upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, Note, coupon or other paper or document believed by it in good faith to be genuine and to have been signed or
presented by the proper party or parties; 
 (b) any request, direction, order or demand of the Company mentioned herein shall be
sufficiently evidenced by an Officer’s Certificate (unless other evidence in respect thereof be herein specifically prescribed); and any Board Resolution may be evidenced to the Trustee by a copy thereof certified by the Secretary or an
Assistant Secretary of the Company; 
 (c) the Trustee may consult with counsel of its selection and require an Opinion of Counsel and any
advice of such counsel or Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or omitted by it hereunder in good faith and in accordance with such advice or Opinion of Counsel; 

(d) the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, direction, consent, order, bond, debenture or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit,
and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney at the expense of the Company and shall incur no
liability of any kind by reason of such inquiry or investigation; 
 (e) the Trustee may execute any of the trusts or powers hereunder or
perform any duties hereunder either directly or by or through agents, custodians, nominees or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent, custodian, nominee or attorney appointed by
it with due care hereunder; 
 (f) the permissive rights of the Trustee enumerated herein shall not be construed as duties; 

  
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 (g) the Trustee may request that the Company deliver a certificate setting forth the names of
individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture; 
 (h) in no event shall
the Trustee be liable for any consequential loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action; and

 (i) the Trustee shall not be charged with knowledge of any Default or Event of Default with respect to the Notes, unless either
(1) a Responsible Officer shall have actual knowledge of such Default or Event of Default or (2) written notice of such Default or Event of Default shall have been given to the Trustee by the Company or by any Holder of the Notes. 

Section 7.03. No Responsibility for Recitals, Etc. The recitals contained herein and in the Notes (except in the Trustee’s
certificate of authentication) shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of
the Notes. The Trustee shall not be accountable for the use or application by the Company of any Notes or the proceeds of any Notes authenticated and delivered by the Trustee in conformity with the provisions of this Indenture. 

Section 7.04. Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes. The Trustee, any
Paying Agent, any Conversion Agent, Bid Solicitation Agent or Note Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the same rights it would have if it were not the Trustee, Paying Agent, Conversion
Agent, Bid Solicitation Agent or Note Registrar. 
 Section 7.05. Monies to Be Held in Trust. All monies received by the Trustee
shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee
shall be under no liability for interest on any money received by it hereunder except as may be agreed from time to time by the Company and the Trustee. 

Section 7.06. Compensation and Expenses of Trustee. The Company covenants and agrees to pay to the Trustee from time to time, and the
Trustee shall be entitled to, such compensation for all services rendered by it hereunder in any capacity (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) as mutually agreed to in
writing between the Trustee and the Company, and the Company will pay or reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances reasonably incurred or made by the Trustee in accordance with any of the
provisions of this Indenture in any capacity thereunder (including the reasonable compensation and the expenses and disbursements of its agents and counsel and of all Persons not regularly in its employ) except any such expense, disbursement or
advance as shall have been caused by its gross negligence, willful misconduct or bad faith. The Company also covenants to indemnify the Trustee in any capacity under this Indenture and any other document or transaction entered into in connection
herewith and its agents and any authenticating agent for, and to hold them 

  
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harmless against, any loss, claim, damage, liability or expense, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee) incurred without gross
negligence, willful misconduct or bad faith on the part of the Trustee, its officers, directors, agents or employees, or such agent or authenticating agent, as the case may be, and arising out of or in connection with the acceptance or
administration of this Indenture or in any other capacity hereunder, including the costs and expenses of defending themselves against any claim (whether asserted by the Company, any Holder or any other Person) or liability in connection with the
exercise or performance of any of its powers or duties hereunder, or in connection with enforcing the provisions of this Section 7.06. The obligations of the Company under this Section 7.06 to compensate or indemnify the Trustee and to pay
or reimburse the Trustee for expenses, disbursements and advances shall be secured by a senior claim to which the Notes are hereby made subordinate on all money or property held or collected by the Trustee, except, subject to the effect of
Section 6.05, funds held in trust herewith for the benefit of the Holders of particular Notes. The Trustee’s right to receive payment of any amounts due under this Section 7.06 shall not be subordinate to any other liability or
indebtedness of the Company. The obligation of the Company under this Section 7.06 shall survive the satisfaction and discharge of this Indenture and the earlier resignation or removal or the Trustee. The Company need not pay for any settlement
made without its consent, which consent shall not be unreasonably withheld. The indemnification provided in this Section 7.06 shall extend to the officers, directors, agents and employees of the Trustee. 

Without prejudice to any other rights available to the Trustee under applicable law, when the Trustee and its agents and any authenticating
agent incur expenses or render services after an Event of Default specified in Section 6.01(i) or Section 6.01(j) occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any
bankruptcy, insolvency or similar laws. 
 Section 7.07. Officer’s Certificate as Evidence. Except as otherwise provided in
Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it reasonably necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, such matter
(unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of gross negligence, willful misconduct, recklessness or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an
Officer’s Certificate delivered to the Trustee, and such Officer’s Certificate, in the absence of gross negligence, willful misconduct, recklessness or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any
action taken or omitted by it under the provisions of this Indenture upon the faith thereof. 
 Section 7.08. Eligibility of Trustee.
There shall at all times be a Trustee hereunder which shall be a Person that is eligible pursuant to the Trust Indenture Act to act as such and has a combined capital and surplus of at least $50,000,000. If such Person publishes reports of condition
at least annually, pursuant to law or to the requirements of any supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus as set
forth in its most recent report of condition so published. If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified
in this Article. 

  
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 Section 7.09. Resignation or Removal of Trustee. (a) The Trustee may at any time
resign by giving written notice of such resignation to the Company and by mailing notice thereof to the Holders at their addresses as they shall appear on the Note Register. Upon receiving such notice of resignation, the Company shall promptly
appoint a successor trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor trustee. If no successor trustee shall have been so appointed and have accepted
appointment within 60 days after the mailing of such notice of resignation to the Holders, the resigning Trustee may, upon ten Business Days’ notice to the Company and the Holders and at the Company’s expense, petition any court of
competent jurisdiction for the appointment of a successor trustee, or any Holder who has been a bona fide holder of a Note or Notes for at least six months may, subject to the provisions of Section 6.11, on behalf of himself or herself and all
others similarly situated, petition any such court for the appointment of a successor trustee. Such court may thereupon, after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee. 

(b) In case at any time any of the following shall occur: 

(i) the Trustee shall cease to be eligible in accordance with the provisions of Section 7.08 and shall fail to resign
after written request therefor by the Company or by any such Holder, or 
 (ii) the Trustee shall become incapable of acting,
or shall be adjudged a bankrupt or insolvent, or a receiver of the Trustee or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation,
conservation or liquidation, 
 then, in either case, the Company may by execution of a Company Order remove the Trustee and appoint a successor trustee by
written instrument, in duplicate, one copy of which instrument shall be delivered to the Trustee so removed and one copy to the successor trustee, or, subject to the provisions of Section 6.11, any Holder who has been a bona fide holder of a
Note or Notes for at least six months may, on behalf of himself or herself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor trustee. Such court may
thereupon, after such notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee. 
 (c) The
Holders of a majority in aggregate principal amount of the Notes at the time outstanding, as determined in accordance with Section 8.04, may at any time remove the Trustee and nominate a successor trustee that shall be deemed appointed as
successor trustee unless within ten days after notice to the Company of such nomination the Company objects thereto, in which case the Trustee so removed or any Holder, upon the terms and conditions and otherwise as in Section 7.09(a) provided,
may petition any court of competent jurisdiction for an appointment of a successor trustee. 
 (d) Any resignation or removal of the Trustee
and appointment of a successor trustee pursuant to any of the provisions of this Section 7.09 shall become effective upon acceptance of appointment by the successor trustee as provided in Section 7.10. 

  
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 Section 7.10. Acceptance by Successor Trustee. Any successor trustee appointed as provided
in Section 7.09 shall execute, acknowledge and deliver to the Company and to its predecessor trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee shall become effective
and such successor trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, duties and obligations of its predecessor hereunder, with like effect as if originally named as Trustee herein; but,
nevertheless, on the written request of the Company or of the successor trustee, the trustee ceasing to act shall, upon payment of any amounts then due it pursuant to the provisions of Section 7.06, execute and deliver an instrument
transferring to such successor trustee all the rights and powers of the trustee so ceasing to act. Upon request of any such successor trustee, the Company shall execute any and all instruments in writing for more fully and certainly vesting in and
confirming to such successor trustee all such rights and powers. Any trustee ceasing to act shall, nevertheless, retain a senior claim to which the Notes are hereby made subordinate on all money or property held or collected by such trustee as such,
except for funds held in trust for the benefit of Holders of particular Notes, to secure any amounts then due it pursuant to the provisions of Section 7.06. 

No successor trustee shall accept appointment as provided in this Section 7.10 unless at the time of such acceptance such successor
trustee shall be eligible under the provisions of Section 7.08. 
 Upon acceptance of appointment by a successor trustee as provided in
this Section 7.10, each of the Company and the successor trustee, at the written direction and at the expense of the Company shall mail or cause to be mailed notice of the succession of such trustee hereunder to the Holders at their addresses
as they shall appear on the Note Register. If the Company fails to mail such notice within ten days after acceptance of appointment by the successor trustee, the successor trustee shall cause such notice to be mailed at the expense of the Company.

 Section 7.11. Succession by Merger, Etc. Any corporation or other entity into which the Trustee may be merged or converted or with
which it may be consolidated, or any corporation or other entity resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation or other entity succeeding to all or substantially all of the corporate
trust business of the Trustee (including the administration of this Indenture), shall be the successor to the Trustee hereunder without the execution or filing of any paper or any further act on the part of any of the parties hereto; provided
that in the case of any corporation or other entity succeeding to all or substantially all of the corporate trust business of the Trustee such corporation or other entity shall be eligible under the provisions of Section 7.08. 

In case at the time such successor to the Trustee shall succeed to the trusts created by this Indenture, any of the Notes shall have been
authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee or authenticating agent appointed by such predecessor trustee, and deliver such Notes so authenticated; and in
case at that time any of the Notes shall not have been authenticated, any successor to the Trustee or an authenticating agent appointed by such successor trustee may authenticate such Notes either in the name of any predecessor trustee hereunder or
in the name of the successor trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Notes or in this Indenture provided that the certificate of the Trustee shall have;

  
 40 

 
provided, however, that the right to adopt the certificate of authentication of any predecessor trustee or to authenticate Notes in the name of any predecessor trustee shall apply
only to its successor or successors by merger, conversion or consolidation. 
 ARTICLE 8 

CONCERNING THE HOLDERS 
 Section
8.01. Action by Holders. Whenever in this Indenture it is provided that the Holders of a specified percentage of the aggregate principal amount of the Notes may take any action (including the making of any demand or request, the giving of any
notice, consent or waiver or the taking of any other action), the fact that at the time of taking any such action, the Holders of such specified percentage have joined therein may be evidenced by any instrument or any number of instruments of
similar tenor executed by Holders in person or by agent or proxy duly appointed in writing. Whenever the Company or the Trustee solicits the taking of any action by the Holders of the Notes, the Company or the Trustee may fix, but shall not be
required to, in advance of such solicitation, a date as the record date for determining Holders entitled to take such action. The record date if one is selected shall be not more than the later of (i) thirty days prior to the date of
commencement of solicitation of such action or (ii) the date of the most recent list of Holders furnished to the Trustee prior to such solicitation. 

Section 8.02. Proof of Execution by Holders. Subject to the provisions of Section 7.01 and Section 7.02, proof of the
execution of any instrument by a Holder or its agent or proxy shall be sufficient if made in accordance with Section 8.01. The holding of Notes shall be proved by the Note Register in accordance with Section 8.03. 

Section 8.03. Who Are Deemed Absolute Owners. The Company, the Trustee, any authenticating agent, any Paying Agent, any Conversion
Agent and any Note Registrar may deem the Person in whose name a Note shall be registered upon the Note Register to be, and may treat it as, the absolute owner of such Note (whether or not such Note shall be overdue and notwithstanding any notation
of ownership or other writing thereon made by any Person other than the Company or any Note Registrar) for the purpose of receiving payment of or on account of the principal of and (subject to Section 2.03) accrued and unpaid interest on such
Note, for conversion of such Note and for all other purposes; and neither the Company nor the Trustee nor any Paying Agent nor any Conversion Agent nor any Note Registrar shall be affected by any notice to the contrary. All such payments so made to
any Holder for the time being, or upon its order, shall be valid, and, to the extent of the sums so paid, effectual to satisfy and discharge the liability for monies payable upon any such Note. Notwithstanding anything to the contrary in this
Indenture or the Notes, if an Event of Default has occurred and is continuing, any Holder of a beneficial interest in a Global Note may directly enforce against the Company, without the consent, solicitation, proxy, authorization or any other action
of the Depositary or any other Person, such Holder’s right to exchange such beneficial interest for a Note in certificated form in accordance with Section 2.05(c). 

Section 8.04. Company-Owned Notes Disregarded. In determining whether the Holders of the requisite aggregate principal amount of Notes
have concurred in any direction, consent, waiver or other action under this Indenture, Notes that are owned by the Company, by any Subsidiary thereof or by any Affiliate of the Company or such Subsidiary shall be disregarded 

  
 41 

 
and deemed not to be outstanding for the purpose of any such determination; provided that for the purposes of determining whether the Trustee shall be protected in relying on any such
direction, consent, waiver or other action only Notes that a Responsible Officer actually knows are so owned shall be so disregarded. Notes so owned that have been pledged in good faith may be regarded as outstanding for the purposes of this
Section 8.04 if the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right to so act with respect to such Notes and that the pledgee is not the Company, a Subsidiary thereof or a Person directly or indirectly
controlling or controlled by or under direct or indirect common control with the Company or a Subsidiary thereof. In the case of a dispute as to such right, any decision by the Trustee taken upon the advice of counsel of its selection shall be full
protection to the Trustee. 
 ARTICLE 9 

[INTENTIONALLY OMITTED] 

ARTICLE 10 
 SUPPLEMENTAL
INDENTURES 
 Section 10.01. Supplemental Indentures Without Consent of Holders. Notwithstanding Section 10.02 hereof, the
Company and the Trustee, at the Company’s expense, may from time to time and at any time enter into an indenture or indentures supplemental hereto for one or more of the following purposes: 

(a) to cure any ambiguity, omission, defect or inconsistency that does not adversely affect Holders of the Notes; 

(b) to provide for the assumption by a Successor Person of the obligations of the Company under this Indenture pursuant to Article 11;

 (c) to add guarantees with respect to the Notes; 

(d) to secure the Notes; 
 (e)
to add to the covenants or Events of Defaults of the Company for the benefit of the Holders or surrender any right or power herein conferred upon the Company; 

(f) to provide for a successor trustee in accordance with the terms hereof or to otherwise comply with any requirement hereof; 

(g) to provide for the issuance of additional Notes, to the extent that the Company deems such amendment or supplement necessary or advisable
in connection with such issuance; provided that no such amendment or supplement may impair the rights or interests of any Holder; 
 (h) to
increase the Conversion Rate; 
 (i) to add circumstances under which the Company will pay Additional Interest on the Notes; 

  
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 (j) to make any change that does not adversely affect the rights of any Holder; or 

(k) to conform the provisions of this Indenture or the Notes to the “Description of notes” section of the Private Placement
Circular. 
 Upon the written request of the Company accompanied by a Board Resolution authorizing the execution of such supplemental
indenture, the Trustee is hereby authorized to join with the Company in the execution of any such supplemental indenture, to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be
obligated to, but may in its discretion, enter into any supplemental indenture that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. 

Any supplemental indenture authorized by the provisions of this Section 10.01 may be executed by the Company and the Trustee without the
consent of the Holders of any of the Notes at the time outstanding, notwithstanding any of the provisions of Section 10.02. 
 Section
10.02. Supplemental Indentures with Consent of Holders. With the consent (evidenced as provided in Article 8) of the Holders of at least a majority of the aggregate principal amount of the Notes then outstanding (determined in accordance
with Article 8 and including, without limitation, consents obtained in connection with a repurchase of, or tender or exchange offer for, Notes), the Company and the Trustee, at the Company’s expense, may from time to time and at any time
enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or any supplemental indenture or of modifying in any manner the
rights of the Holders; provided, however, that, without the consent of each Holder of an outstanding Note affected, no such supplemental indenture shall: 

(a) reduce the amount of Notes whose Holders must consent to an amendment; 

(b) reduce the rate of or extend the stated time for payment of interest on any Note; 

(c) reduce the principal of or extend the Maturity Date of any Note; 

(d) make any change that adversely affects the conversion rights of any Notes other than as contemplated herein; 

(e) reduce the Fundamental Change Repurchase Price of any Note or amend or modify in any manner adverse to the Holders the Company’s
obligation to make such payments, whether through an amendment or waiver of provisions in the covenants, definitions or otherwise; 
 (f)
make any Note payable in a currency, or at a place of payment, other than that stated in the Note; 
 (g) change the ranking of the Notes;

  
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 (h) impair the right of any Holder to receive payment of principal and interest on such
Holder’s Notes on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such Holder’s Note; 

(i) make any change in this Article 10 that requires each Holder’s consent or in the waiver provisions in Section 6.02 or
Section 6.09; or 
 (j) change the Company’s obligations to pay Additional Amounts. 

Upon the written request of the Company accompanied by a Board Resolution authorizing the execution of such supplemental indenture, and upon
the filing with the Trustee of evidence of the consent of Holders as aforesaid and subject to Section 10.05, the Trustee shall join with the Company in the execution of such supplemental indenture unless such supplemental indenture affects the
Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee may in its discretion, but shall not be obligated to, enter into such supplemental indenture. 

Holders do not need under this Section 10.02 to approve the particular form of any proposed supplemental indenture. It shall be
sufficient if such Holders approve the substance thereof. After any such supplemental indenture becomes effective, the Company shall mail to the Holders a notice briefly describing such supplemental indenture. However, the failure to give such
notice to all the Holders, or any defect in the notice, will not impair or affect the validity of the supplemental indenture. 
 Section
10.03. Effect of Supplemental Indentures. Upon the execution of any supplemental indenture pursuant to the provisions of this Article 10, this Indenture shall be and be deemed to be modified and amended in accordance therewith and the
respective rights, limitation of rights, obligations, duties and immunities under this Indenture of the Trustee, the Company and the Holders shall thereafter be determined, exercised and enforced hereunder subject in all respects to such
modifications and amendments and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and conditions of this Indenture for any and all purposes. 

Section 10.04. Notation on Notes. Notes authenticated and delivered after the execution of any supplemental indenture pursuant to the
provisions of this Article 10 may, at the Company’s expense, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company or the Trustee shall so determine, new Notes so
modified as to conform, in the opinion of the Trustee and the Company, to any modification of this Indenture contained in any such supplemental indenture may, at the Company’s expense, be prepared and executed by the Company, authenticated by
the Trustee (or an authenticating agent duly appointed by the Trustee pursuant to Section 17.10) and delivered in exchange for the Notes then outstanding, upon surrender of such Notes then outstanding. 

Section 10.05. Evidence of Compliance of Supplemental Indenture to Be Furnished Trustee. The Trustee shall be entitled to receive an
Officer’s Certificate and an Opinion of Counsel as conclusive evidence that any supplemental indenture executed pursuant hereto complies with the requirements of this Article 10 and is permitted or authorized by this Indenture. 

  
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 ARTICLE 11 

CONSOLIDATION, MERGER, SALE, CONVEYANCE AND LEASE 

Section 11.01. Company May Consolidate, Etc. on Certain Terms. The Company shall not consolidate with, merge with or into, or sell,
convey, transfer or lease all or substantially all of its properties and assets to another Person, unless: 
 (a) the resulting, surviving or
transferee Person (the “Successor Person”), if not the Company, shall be (and, if this Indenture and the Notes remain the Company’s obligations following such transaction, the Company shall be) a (i) Dutch public limited
company, (ii) a corporation or limited liability company that is treated, or, if disregarded for U.S. federal income tax purposes, its regarded corporate owner is treated, as a “United States person” under Section 7701(a)(30) of
the Code (a “U.S. Entity”) or (iii) an entity treated as a corporation for U.S. federal income tax purposes organized and existing under the laws of the Islands of Bermuda, the Netherlands, Belgium, Switzerland, Luxembourg, the
Republic of Ireland, Canada or the United Kingdom, and the Successor Person (if not the Company) shall expressly assume by supplemental indenture all of the obligations of the Company under the Notes and this Indenture (including, for the avoidance
of doubt, the obligation to pay Additional Amounts as described in Section 2.11); and 
 (b) immediately after giving effect to such
transaction, no Default or Event of Default shall have occurred and be continuing under this Indenture. 
 Upon any such consolidation,
merger or sale, conveyance, transfer or lease, the resulting, surviving or transferee Person (if not the Company) shall succeed to, and may exercise every right and power of, the Company under this Indenture, and the Company shall be discharged from
its obligations under the Notes and this Indenture. 
 Section 11.02. Successor Corporation to Be Substituted. In case of any such
consolidation, merger, sale, conveyance, transfer or lease in accordance with Section 11.01 and upon the assumption by the Successor Person (if not the Company), by supplemental indenture, executed and delivered to the Trustee, of the due and
punctual payment of the principal of and accrued and unpaid interest on all of the Notes, the due and punctual payment of the cash due upon any conversion of the Notes and the due and punctual performance of all of the covenants and conditions of
this Indenture to be performed by the Company, such Successor Person (if not the Company) shall succeed to and shall be substituted for the Company, with the same effect as if it had been named herein as the party of the first part. Such Successor
Person thereupon may cause to be signed, and may issue either in its own name or in the name of the Company any or all of the Notes issuable hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee; and,
upon the order of such Successor Person instead of the Company and subject to all the terms, conditions and limitations in this Indenture prescribed, the Trustee shall authenticate and shall deliver, or cause to be authenticated and delivered, any
Notes that previously shall have been signed and delivered by the Officers of the Company to the Trustee for authentication, and any Notes that such Successor Person thereafter shall cause to be 

  
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signed and delivered to the Trustee for that purpose. All the Notes so issued shall in all respects have the same legal rank and benefit under this Indenture as the Notes theretofore or
thereafter issued in accordance with the terms of this Indenture as though all of such Notes had been issued at the date of the execution hereof. In the event of any such consolidation, merger, sale, conveyance or transfer, upon compliance with this
Article 11 the Person named as the “Company” in the first paragraph of this Indenture (or any successor that shall thereafter have become such in the manner prescribed in this Article 11) shall be released from its liabilities as
obligor and maker of the Notes and from its obligations under this Indenture and the Notes. 
 In case of any such consolidation, merger,
sale, conveyance, transfer or lease, such changes in phraseology and form (but not in substance) may be made in the Notes thereafter to be issued as may be appropriate. 

ARTICLE 12 
 IMMUNITY OF
INCORPORATORS, SHAREHOLDERS, OFFICERS AND DIRECTORS 
 Section 12.01. Indenture and Notes Solely Corporate Obligations. No recourse
for the payment of the principal of or accrued and unpaid interest on any Note, nor for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Company in this Indenture or
in any supplemental indenture or in any Note, nor because of the creation of any indebtedness represented thereby, shall be had against any incorporator, shareholder, employee, agent, Officer or director or Subsidiary, as such, past, present or
future, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or
otherwise; it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of the Notes. 

ARTICLE 13 
 [RESERVED] 

ARTICLE 14 
 CONVERSION OF
NOTES 
 Section 14.01. Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 14,
each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note solely into cash (i) subject to
satisfaction of the conditions described in Section 14.01(b), at any time prior to the close of business on the Business Day immediately preceding May 15, 2021, and (ii) irrespective of the conditions described in
Section 14.01(b), during the period from, and including, May 15, 2021 to the close of business on the second Scheduled Trading Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 46.8165 Ordinary
Shares (subject to adjustment as provided in this Article 14, the “Conversion Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 14.02, the
“Conversion Obligation”). The Notes shall not be convertible into Ordinary Shares or any other securities under any circumstances. 

  
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 (b) (i) Prior to the close of business on the Business Day immediately preceding
May 15, 2021, a Holder may surrender its Notes for conversion solely into cash during the five Business Day period immediately after any five consecutive Trading Day period (the “Measurement Period”) in which the Trading Price
per $1,000 principal amount of Notes, as determined following a request by a Holder of Notes in accordance with this subsection (b)(i), for each Trading Day of the Measurement Period was less than 98% of the product of the Last Reported Sale
Price of the Ordinary Shares and the Conversion Rate on each such Trading Day. The Trading Prices shall be determined by the Bid Solicitation Agent pursuant to this subsection (b)(i) and the definition of Trading Price set forth in this
Indenture. The Bid Solicitation Agent shall have no obligation to determine the Trading Price per $1,000 principal amount of Notes unless the Company has requested it in writing to make such determination in writing, and the Company shall have no
obligation to make such request unless a Holder provides the Company with reasonable evidence that the Trading Price per $1,000 principal amount of Notes would be less than 98% of the product of the Last Reported Sale Price of the Ordinary Shares
and the Conversion Rate, at which time the Company shall instruct the Bid Solicitation Agent in writing to determine the Trading Price per $1,000 principal amount of Notes in accordance with the provisions of the definition of Trading Price set
forth in this Indenture beginning on the next Trading Day and on each successive Trading Day until the Trading Price per Note is greater than or equal to 98% of the product of the Last Reported Sale Price of the Ordinary Shares and the Conversion
Rate. If on any date of determination (i) the Bid Solicitation Agent cannot reasonably obtain at least one bid for $5,000,000 principal amount of Notes from an independent nationally recognized securities dealer on any determination date,
(ii) the Company has failed to request the Bid Solicitation Agent to obtain bids when required, (iii) the Company requested the Bid Solicitation Agent to obtain bids and the Bid Solicitation Agent has failed to obtain such bids or
(iv) the Bid Solicitation Agent has obtained one or more such bids but the Company has failed to determine the Trading Price per $1,000 principal amount of Notes for the relevant day, then, in any such case, the Trading Price per $1,000
principal amount of Notes on such determination date shall be deemed to be less than 98% of the product of the Last Reported Sale Price of the Ordinary Shares and the Conversion Rate for the Notes on such date. If the Trading Price condition set
forth above has been met, the Company shall so notify the Holders, the Trustee and the Conversion Agent (if other than the Trustee). If, at any time after the Trading Price condition set forth above has been met, the Trading Price per $1,000
principal amount of Notes is greater than or equal to 98% of the product of the Last Reported Sale Price of the Ordinary Shares and the applicable Conversion Rate, the Company shall so notify the Holders of the Notes, the Trustee and the Conversion
Agent (if other than the Trustee). 
 (ii) If the Company elects to: 

(A) issue to all or substantially all holders of the Company any rights, options or warrants entitling them, for a period of
not more than 60 calendar days after the announcement date of such issuance, to subscribe for or purchase the Ordinary Shares at a price per share that is less than the average of the Last Reported Sale Prices of the Ordinary Shares for the
10 consecutive Trading Day period ending on, and including, the Trading Day immediately preceding the date of announcement of such issuance; or 

  
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 (B) distribute to all or substantially all holders of the Company’s assets,
debt securities or rights to purchase securities of the Company, which distribution has a per share value, as reasonably determined by the Board of Directors, exceeding 10% of the Last Reported Sale Price of the Ordinary Shares on the Trading Day
preceding the date of announcement for such distribution, 
 then, in each case, the Company shall notify all Holders of the Notes, the Trustee and the
Conversion Agent (if other than the Trustee) at least 50 Scheduled Trading Days prior to the Ex-Dividend Date for such issuance or distribution. Once the Company has given such notice, the Holders may
surrender their Notes for conversion solely into cash at any time until the earlier of (1) the close of business on the Business Day immediately preceding the Ex-Dividend Date for such issuance or
distribution and (2) the Company’s announcement that such issuance or distribution will not take place, in each case, even if the Notes are not otherwise convertible at such time. 

(iii) If (i) a transaction or event that constitutes a Fundamental Change or a Make-Whole Fundamental Change occurs,
regardless of whether a Holder has the right to require the Company to repurchase the Notes pursuant to Section 15.02, or (ii) the Company is a party to a consolidation, merger, binding share exchange, or transfer or lease of all or
substantially all of its assets, pursuant to which the Ordinary Shares would be converted into cash, securities or other assets other than any merger or binding share exchange, in each case, solely for the purpose of changing the Company’s
jurisdiction of organization that (I) does not constitute a Fundamental Change or a Make-Whole Fundamental Change and (II) results in a reclassification, conversion or exchange of outstanding Ordinary Shares solely into ordinary shares or
common stock of the surviving entity which shares are listed on the New York Stock Exchange, the NASDAQ Global Select Market or the NASDAQ Global Market (or any of their respective successors), and such surviving entity is a corporation or limited
liability company (that is treated as a corporation for U.S. federal income tax purposes) organized and existing under the laws of the United States of America, any State thereof, or the District of Columbia, or an entity treated as a corporation
for U.S. federal income tax purposes organized and existing under the laws of the Netherlands, the Republic of Ireland, or the United Kingdom, in each case, the Notes may be surrendered for conversion solely into cash at any time from or after the
date that is 35 Scheduled Trading Days prior to the anticipated effective date of the transaction (or, if later, the Business Day after the Company gives notice of such transaction) until 35 Trading Days after the actual effective date of
such transaction or, if such transaction also constitutes a Fundamental Change, until the related Fundamental Change Repurchase Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) (i) as
promptly as practicable following the date the Company publicly announces such transaction but in no event less than 35 Scheduled Trading Days prior to the anticipated effective date of such transaction or (ii) if the Company does not have
knowledge of the anticipated effective date of such transaction at least 35 Scheduled Trading Days prior to the anticipated effective date of such transaction, within three Business Days of the date upon which the Company receives notice, or
otherwise becomes aware, of the anticipated effective date of such transaction, but in no event later than the actual effective date of 

  
 48 

 
such transaction. The anticipated effective date of any such transaction shall be determined by the Company in the Company’s reasonable discretion, and in no event shall the Company be
deemed to have knowledge of the anticipated effective date of a merger prior to entering into the related merger agreement. 

(iv) Prior to the close of business on the Business Day immediately preceding May 15, 2021, a Holder may surrender all or
a portion of its Notes for conversion solely into cash during any calendar quarter commencing after the calendar quarter ending on June 30, 2016 (and only during such calendar quarter), if the Last Reported Sale Price of the Ordinary Shares for
at least 20 Trading Days (whether or not consecutive) during the period of 30 consecutive Trading Days ending on the last Trading Day of the immediately preceding calendar quarter is greater than or equal to 130% of the Conversion Price on
each applicable Trading Day. The Conversion Agent, at the beginning of each calendar quarter commencing after June 30, 2016, shall notify the Company and the Trustee (if other than the Conversion Agent) if it believes the Notes have become
convertible in accordance with this clause (iv), and the Company shall determine whether the Notes have become so convertible. The Company shall promptly notify the Trustee and the Conversion Agent (if other than the Trustee) of such
determination. 
 Section 14.02. Conversion Procedure; Payment Upon Conversion. 

(a) Except as provided in Section 14.03(b) and Section 14.07(a), upon conversion of any Note, on the third Business Day immediately
following the last Trading Day of the relevant Observation Period, the Company shall pay to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a “Settlement Amount” in cash equal to the sum
of the Daily Conversion Values for each of the 40 Trading Days during the relevant Observation Period for such Note. The Daily Conversion Values and the Settlement Amount shall be determined by the Company promptly following the last Trading
Day of the relevant Observation Period. Promptly after such determination of the Daily Conversion Values and the Settlement Amount, the Company shall notify the Trustee and the Conversion Agent (if other than the Trustee) of the Daily Conversion
Values and the Settlement Amount. The Trustee and the Conversion Agent (if other than the Trustee) shall have no responsibility for any such determination. 

(b) Subject to Section 14.02(e), before any Holder of a Note shall be entitled to convert a Note as set forth above, such Holder shall
(i) in the case of a Global Note, comply with the procedures of the Depositary in effect at that time and, if required, pay funds equal to interest payable on the next Interest Payment Date to which such Holder is not entitled as set forth in
Section 14.02(h) and (ii) in the case of a Physical Note (1) complete, manually sign and deliver an irrevocable notice to the Conversion Agent as set forth in the Form of Notice of Conversion (or a facsimile thereof) (a
“Notice of Conversion”) at the office of the Conversion Agent and state in writing therein the principal amount of Notes to be converted, (2) surrender such Notes, duly endorsed to the Company or in blank (and accompanied by
appropriate endorsement and transfer documents), at the office of the Conversion Agent, (3) if required, furnish appropriate endorsements and transfer documents and (4) if required, pay funds equal to interest payable on the next Interest
Payment Date to which such Holder is not entitled as set 

  
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forth in Section 14.02(h). The Trustee (and, if different, the Conversion Agent) shall notify the Company of any conversion pursuant to this Article 14 on the Conversion Date for such
conversion. No Notice of Conversion with respect to any Notes may be surrendered by a Holder thereof if such Holder has also delivered a Fundamental Change Repurchase Notice to the Company in respect of such Notes and has not validly withdrawn such
Fundamental Change Repurchase Notice in accordance with Section 15.03. 
 If more than one Note shall be surrendered for conversion at
one time by the same Holder, the Conversion Obligation with respect to such Notes shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted thereby) so surrendered. 

(c) A Note shall be deemed to have been converted immediately prior to the close of business on the date (the “Conversion
Date”) that the Holder has complied with the requirements set forth in subsection (b) above. 
 (d) In case any Note shall be
surrendered for partial conversion, the Company shall execute and the Trustee shall authenticate and deliver to or upon the written order of the Holder of the Note so surrendered a new Note or Notes in authorized denominations in an aggregate
principal amount equal to the unconverted portion of the surrendered Note, without payment of any service charge by the converting Holder but, if required by the Company or Trustee, with payment of a sum sufficient to cover any transfer tax or
similar governmental charge required by law or otherwise permitted hereunder. 
 (e) [Reserved.] 

(f) [Reserved.] 
 (g) Upon the
conversion of an interest in a Global Note, the Trustee, or the Custodian at the direction of the Trustee, shall make a notation on such Global Note as to the reduction in the principal amount represented thereby. The Company shall notify the
Trustee in writing of any conversion of Notes effected through any Conversion Agent other than the Trustee. 
 (h) Upon conversion, a Holder
shall not receive any separate cash payment for accrued and unpaid interest, if any, except as set forth below. The Company’s payment of the full Conversion Obligation shall be deemed to satisfy in full its obligation to pay the principal
amount of the Note and accrued and unpaid interest, if any, to, but not including, the relevant Conversion Date. As a result, accrued and unpaid interest, if any, to, but not including, the relevant Conversion Date shall be deemed to be paid in full
rather than cancelled, extinguished or forfeited. Notwithstanding the foregoing, if Notes are converted after the close of business on a Regular Record Date, Holders of such Notes as of the close of business on such Regular Record Date will receive
the full amount of interest payable on such Notes on the corresponding Interest Payment Date notwithstanding the conversion. Notes surrendered for conversion during the period from the close of business on any Regular Record Date to the open of
business on the immediately following Interest Payment Date must be accompanied by funds equal to the amount of interest payable on the Notes so converted; provided that no such payment shall be

  
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required (1) for conversions following the Regular Record Date immediately preceding the Maturity Date; (2) if the Company has specified a Fundamental Change Repurchase Date that is
after a Regular Record Date and on or prior to the Business Day immediately following the corresponding Interest Payment Date; or (3) to the extent of any overdue interest, if any overdue interest exists at the time of conversion with respect
to such Note. 
 Section 14.03. Increased Conversion Rate Applicable to Certain Notes Surrendered in Connection with Make-Whole
Fundamental Changes. (a) If a Make-Whole Fundamental Change occurs prior to the Maturity Date and a Holder elects to convert its Notes in connection with such Make-Whole Fundamental Change, the Company shall, under the circumstances
described below, pay a cash make-whole premium (the “Cash Make-Whole Premium”) by increasing the Conversion Rate for the Notes so surrendered for conversion, as described below. A conversion of Notes shall be deemed for these
purposes to be “in connection with” such Make-Whole Fundamental Change if the relevant Notice of Conversion is received by the Conversion Agent from, and including, the Effective Date of the Make-Whole Fundamental Change up to, and
including, the Business Day immediately prior to the related Fundamental Change Repurchase Date (or, in the case of a Make-Whole Fundamental Change that would have been a Fundamental Change but for the proviso in clause (b) of the
definition thereof, the 35th Trading Day immediately following the Effective Date of such Make-Whole Fundamental Change). 
 (b) Upon
surrender of Notes for conversion in connection with a Make-Whole Fundamental Change pursuant to Section 14.01(b)(iii), the Company shall satisfy the related Conversion Obligation in solely cash in accordance with Section 14.02 based on
the Conversion Rate as increased to reflect the Cash Make-Whole Premium pursuant to the table below; provided, however, that if, at the effective time of a Make-Whole Fundamental Change described in clause (b) of the definition of
Fundamental Change, the Reference Property following such Make-Whole Fundamental Change is composed entirely of cash, for any conversion of Notes following the Effective Date of such Make-Whole Fundamental Change, the Conversion Obligation shall be
calculated based solely on the Share Price for the transaction and shall be deemed to be an amount of cash per $1,000 principal amount of converted Notes equal to the Conversion Rate (including any adjustment for the Cash Make-Whole Premium),
multiplied by such Share Price. In such event, the Conversion Obligation shall be paid to Holders in cash on the third Business Day following the Conversion Date. The Company shall notify the Holders of Notes of the Effective Date of any
Make-Whole Fundamental Change and issue a press release announcing such Effective Date no later than five Business Days after such Effective Date. 

(c) The amount, if any, by which the Conversion Rate shall be increased to reflect the Cash Make-Whole Premium for conversions of Notes in
connection with a Make-Whole Fundamental Change shall be determined by reference to the table below, based on the date on which the Make-Whole Fundamental Change occurs or becomes effective (the “Effective Date”) and the price (the
“Share Price”) paid (or deemed to be paid) per Ordinary Share in the Make-Whole Fundamental Change. If the holders of the Ordinary Shares receive in exchange for their Ordinary Shares only cash in a Make-Whole Fundamental Change
described in clause (b) of the definition of Fundamental Change, the Share Price shall be the cash amount paid per share. Otherwise, the Share Price shall be the average of the Last Reported Sale Prices of the Ordinary Shares over the five
Trading Day period ending on, and including, the Trading Day immediately preceding the Effective Date of the Make-Whole Fundamental Change. The 

  
 51 

 
Board of Directors shall make appropriate adjustments to the Share Price, in its good faith determination, to account for any adjustment to the Conversion Rate that becomes effective, or any
event requiring an adjustment to the Conversion Rate where the Ex-Dividend Date of the event occurs, during such five consecutive Trading Day period. 

(d) The Share Prices set forth in the column headings of the table below shall be adjusted as of any date on which the Conversion Rate of the
Notes is otherwise adjusted. The adjusted Share Prices shall equal the Share Prices applicable immediately prior to such adjustment, multiplied by a fraction, the numerator of which is the Conversion Rate immediately prior to such adjustment
giving rise to the Share Price adjustment and the denominator of which is the Conversion Rate as so adjusted. The amount by which the Conversion Rate shall be increased to reflect the Cash Make-Whole Premium set forth in the table below shall be
adjusted in the same manner and at the same time as the Conversion Rate as set forth in Section 14.04. 
 (e) The following table sets
forth the amount, if any, by which the Conversion Rate will be increased per $1,000 principal amount of Notes pursuant to this Section 14.03 for each Share Price and Effective Date set forth below: 

 

																																													
	 	  	Share price	 
	 Effective date
	  	$17.80	 	  	$19.00	 	  	$21.36	 	  	$27.00	 	  	$31.00	 	  	$36.00	 	  	$40.00	 	  	$45.00	 	  	$53.00	 	  	$62.00	 	  	$71.00	 
	 May 20, 2016
	  	 	9.3633	  	  	 	8.0974	  	  	 	6.2172	  	  	 	3.6263	  	  	 	2.6261	  	  	 	1.8392	  	  	 	1.419	  	  	 	1.0462	  	  	 	0.6526	  	  	 	0.3734	  	  	 	0.189	  
	 November 15, 2016
	  	 	9.3633	  	  	 	8.01	  	  	 	6.0852	  	  	 	3.477	  	  	 	2.4932	  	  	 	1.7325	  	  	 	1.3323	  	  	 	0.9802	  	  	 	0.6117	  	  	 	0.351	  	  	 	0.1787	  
	 November 15, 2017
	  	 	9.3633	  	  	 	7.81	  	  	 	5.772	  	  	 	3.1219	  	  	 	2.1794	  	  	 	1.4844	  	  	 	1.1323	  	  	 	0.8302	  	  	 	0.5191	  	  	 	0.2998	  	  	 	0.1541	  
	 November 15, 2018
	  	 	9.3633	  	  	 	7.5563	  	  	 	5.3586	  	  	 	2.6611	  	  	 	1.7839	  	  	 	1.1817	  	  	 	0.8938	  	  	 	0.6551	  	  	 	0.4142	  	  	 	0.2432	  	  	 	0.1273	  
	 November 15, 2019
	  	 	9.3633	  	  	 	7.1937	  	  	 	4.7584	  	  	 	2.0326	  	  	 	1.2739	  	  	 	0.8142	  	  	 	0.6138	  	  	 	0.4544	  	  	 	0.2951	  	  	 	0.1789	  	  	 	0.0965	  
	 November 15, 2020
	  	 	9.3633	  	  	 	6.6026	  	  	 	3.7463	  	  	 	1.1289	  	  	 	0.63	  	  	 	0.3964	  	  	 	0.3068	  	  	 	0.2358	  	  	 	0.1608	  	  	 	0.1026	  	  	 	0.0596	  
	 November 15, 2021
	  	 	9.3633	  	  	 	5.8153	  	  	 	0	  	  	 	0	  	  	 	0	  	  	 	0	  	  	 	0	  	  	 	0	  	  	 	0	  	  	 	0	  	  	 	0	  

 The exact Share Prices and Effective Dates may not be set forth in the table above, in which case: 

(i) if the Share Price is between two Share Prices in the table above or the Effective Date is between two Effective Dates in
the table, the amount of the Conversion Rate increase shall be determined by a straight-line interpolation between the amount of the Conversion Rate increase set forth for the higher and lower Share Prices and the earlier and later Effective Dates,
as applicable, based on a 365-day year; 
 (ii) if the Share Price is greater than
$71.00 per share (subject to adjustment in the same manner as the Share Prices set forth in the column headings of the table above pursuant to subsection (d) above), no adjustment to the Conversion Rate shall be made; and 

(iii) if the Share Price is less than $17.80 per share (subject to adjustment in the same manner as the Share Prices set forth
in the column headings of the table above pursuant to subsection (d) above), no adjustment to the Conversion Rate shall be made. 

  
 52 

 Notwithstanding the foregoing, in no event shall the Conversion Rate per $1,000 principal amount of Notes exceed
56.1798, subject to adjustment in the same manner as the Conversion Rate pursuant to Section 14.04. 
 (f) Nothing in this
Section 14.03 shall prevent an adjustment to the Conversion Rate pursuant to Section 14.04 in respect of a Make-Whole Fundamental Change. 

Section 14.04. Adjustment of Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company if any of the
following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as
holders of the Ordinary Shares and solely as a result of holding the Notes, in any of the transactions described in this Section 14.04, without having to convert their Notes, as if they held a number of Ordinary Shares equal to the Conversion
Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder. 
 (a) If the Company exclusively
issues Ordinary Shares as a dividend or distribution on Ordinary Shares, or if the Company effects a share split or share combination, the Conversion Rate shall be adjusted based on the following formula: 

 

											
	CR1	 	=	 	CR0	 	×	 	OS1	 	
	 	 	 	 	OS0	 	

 where, 
  

					
	CR0	 	=	 	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date of such dividend or distribution, or immediately prior to the open of business on the Effective
Date of such share split or share combination, as applicable;
			
	CR1	 	=	 	the Conversion Rate in effect immediately after the open of business on such Ex-Dividend Date or Effective Date;
			
	OS0	 	=	 	the number of Ordinary Shares outstanding immediately prior to the open of business on such Ex-Dividend Date or Effective Date; and
			
	OS1	 	=	 	the number of Ordinary Shares outstanding immediately after giving effect to such dividend, distribution, share split or share combination.

 Any adjustment made under this Section 14.04(a) shall become effective immediately after the open of business on the Ex-Dividend Date for such dividend or distribution, or immediately after the open of business on the Effective Date for such share split or share combination, as applicable. If any dividend or distribution of the
type described in this Section 14.04(a) is declared but not so paid or made, the Conversion Rate shall be immediately readjusted, effective as of the date the Board of Directors determines not to pay such dividend or distribution, to the
Conversion Rate that would then be in effect if such dividend or distribution had not been declared. 

  
 53 

 (b) If the Company issues to all or substantially all holders of the Ordinary Shares any rights,
options or warrants entitling them, for a period of not more than 60 calendar days after the announcement date of such issuance, to subscribe for or purchase Ordinary Shares at a price per share that is less than the average of the Last
Reported Sale Prices of the Ordinary Shares for the 10 consecutive Trading Day period ending on, and including, the Trading Day immediately preceding the date of announcement of such issuance, the Conversion Rate shall be increased based on the
following formula: 
  

											
	CR1	 	=	 	CR0	 	×	 	OS0 + X	 	
	 	 	 	 	OS0 + Y	 	

 where, 
  

					
	CR0	 	=	 	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such issuance;
			
	CR1	 	=	 	the Conversion Rate in effect immediately after the open of business on such Ex-Dividend Date;
			
	OS0	 	=	 	the number of Ordinary Shares outstanding immediately prior to the open of business on such Ex-Dividend Date;
			
	X	 	=	 	the total number of Ordinary Shares issuable pursuant to such rights, options or warrants; and
			
	Y	 	=	 	the number of Ordinary Shares equal to the aggregate price payable to exercise such rights, options or warrants, divided by the average of the Last Reported Sale Prices of the Ordinary Shares over the 10 consecutive
Trading Day period ending on, and including, the Trading Day immediately preceding the date of announcement of the issuance of such rights, options or warrants.

 Any increase made under this Section 14.04(b) shall be made successively whenever any such rights, options or warrants
are issued and shall become effective immediately after the open of business on the Ex-Dividend Date for such issuance. To the extent that Ordinary Shares are not delivered after the expiration of such rights,
options or warrants, the Conversion Rate shall be decreased to the Conversion Rate that would then be in effect had the increase with respect to the issuance of such rights, options or warrants been made on the basis of delivery of only the number
of Ordinary Shares actually delivered. If such rights, options or warrants are not so issued, the Conversion Rate shall be decreased to the Conversion Rate that would then be in effect if such Ex-Dividend Date
for such issuance had not occurred. 
 For purposes of this Section 14.04(b) and for the purpose of Section 14.01(b)(ii)(A), in
determining whether any rights, options or warrants entitle the holders to subscribe for or purchase Ordinary Shares at less than such average of the Last Reported Sale Prices of the Ordinary Shares for the 10 consecutive Trading Day period
ending on, and including, the 

  
 54 

 
Trading Day immediately preceding the date of announcement for such issuance, and in determining the aggregate offering price of such Ordinary Shares, there shall be taken into account any
consideration received by the Company for such rights, options or warrants and any amount payable on exercise or conversion thereof, the value of such consideration, if other than cash, to be determined by the Board of Directors. 

(c) If the Company distributes shares of its Capital Stock, evidences of its indebtedness, other of its assets or property or rights, options
or warrants to acquire its Capital Stock or other securities, to all or substantially all holders of the Ordinary Shares, excluding (i) dividends, distributions or issuances as to which an adjustment was effected pursuant to
Section 14.04(a) or Section 14.04(b), (ii) dividends or distributions paid exclusively in cash as to which an adjustment was effected pursuant to Section 14.04(d), and (iii) Spin-Offs as to which the provisions set forth
below in this Section 14.04(c) shall apply (any of such shares of Capital Stock, evidences of indebtedness, other assets or property or rights, options or warrants to acquire Capital Stock or other securities, the “Distributed
Property”), then the Conversion Rate shall be increased based on the following formula: 
  

											
	CR1	 	=	 	CR0	 	×	 	SP0	 	
	 	 	 	 	SP0 – FMV	 	

 where, 
  

					
	CR0	 	=	 	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such distribution;
			
	CR1	 	=	 	the Conversion Rate in effect immediately after the open of business on such Ex-Dividend Date;
			
	SP0	 	=	 	the average of the Last Reported Sale Prices of the Ordinary Shares over the 10 consecutive Trading Day period ending on, and including, the Trading Day immediately preceding the
Ex-Dividend Date for such distribution; and
			
	FMV	 	=	 	the fair market value (as determined by the Board of Directors) of the Distributed Property with respect to each outstanding Ordinary Share on the Ex-Dividend Date for such
distribution.

 Any increase made under the portion of this Section 14.04(c) above shall become effective immediately after the open of
business on the Ex-Dividend Date for such distribution. If such distribution is not so paid or made, the Conversion Rate shall be decreased to the Conversion Rate that would then be in effect if such
distribution had not been declared. Notwithstanding the foregoing, if “FMV” (as defined above) is equal to or greater than “SP0” (as defined above), in lieu of the foregoing
increase, each Holder of a Note shall receive, in respect of each $1,000 principal amount thereof, at the same time and upon the same terms as holders of the Ordinary Shares receive the Distributed Property, the amount and kind of Distributed
Property such Holder would have received if such Holder owned a number of Ordinary Shares equal to the Conversion Rate in effect on the Ex-Dividend Date for the distribution. If the Board of Directors
determines the “FMV” (as defined above) of any distribution for purposes of this Section 14.04(c) by reference to the actual or when-issued trading market for any securities, it 

  
 55 

 
shall in doing so consider the prices in such market over the same period used in computing the Last Reported Sale Prices of the Ordinary Shares over the 10 consecutive Trading Day period
ending on, and including, the Trading Day immediately preceding the Ex-Dividend Date for such distribution. 

With respect to an adjustment pursuant to this Section 14.04(c) where there has been a payment of a dividend or other distribution on the
Ordinary Shares of shares of Capital Stock of any class or series, or similar equity interest, of or relating to a Subsidiary or other business unit of the Company, that are, or, when issued, will be, listed or admitted for trading on a U.S.
national securities exchange (a “Spin-Off”), the Conversion Rate shall be increased based on the following formula: 
  

											
	CR1	 	=	 	CR0	 	×	 	FMV0 + MP0	 	
	 	 	 	 	MP0	 	

 where, 
  

					
	CR0	 	=	 	the Conversion Rate in effect immediately prior to the end of the Valuation Period;
			
	CR1	 	=	 	the Conversion Rate in effect immediately after the end of the Valuation Period;
			
	FMV0	 	=	 	the average of the Last Reported Sale Prices of the Capital Stock or similar equity interest distributed to holders of the Ordinary Shares applicable to one Ordinary Share (determined by reference to the definition of Last Reported
Sale Price as set forth in Section 1.01 as if references therein to Ordinary Shares were to such Capital Stock or similar equity interest) over the first 10 consecutive Trading Day period after, and including, the Ex-Dividend Date of the Spin-Off (the “Valuation Period”); and
			
	MP0	 	=	 	the average of the Last Reported Sale Prices of the Ordinary Shares over the Valuation Period.

 The adjustment to the Conversion Rate under the preceding paragraph shall occur on the last Trading Day of the Valuation
Period; provided that (i) in respect of any conversion during the Valuation Period, references in the portion of this Section 14.04(c) related to Spin-Offs with respect to “10 Trading Days” shall be deemed to be
replaced solely in respect of that conversion with such lesser number of Trading Days as have elapsed between the Ex-Dividend Date of such Spin-Off and the Conversion Date in determining the Conversion Rate
and (ii) if the Ex-Dividend Date for the Spin-Off is less than 10 Trading Days prior to, and including, the end of the Observation Period in respect of any conversion, references in this Section 14.04(c) with respect to 10 Trading Days
shall be deemed to be replaced solely in respect of that conversion with such lesser number of Trading Days as have elapsed from, and including, the Ex-Dividend Date for the Spin-Off to, and including, the last Trading Day of such Observation
Period. 
 For purposes of this Section 14.04(c), rights, options or warrants distributed by the Company pursuant to a shareholders
rights or other plan to all or substantially all holders of the Ordinary Shares entitling them to subscribe for or purchase shares of the Company’s Capital 

  
 56 

 
Stock, including Ordinary Shares (either initially or under certain circumstances), which rights, options or warrants, until the occurrence of a specified event or events (“Trigger
Event”): (i) are deemed to be transferred with such Ordinary Shares; (ii) are not exercisable; and (iii) are also issued in respect of future issuances of the Ordinary Shares, shall be deemed not to have been distributed for
purposes of this Section 14.04(c) (and no adjustment to the Conversion Rate under this Section 14.04(c) will be required) until the occurrence of the earliest Trigger Event, whereupon such rights, options or warrants shall be deemed to
have been distributed and an appropriate adjustment (if any is required) to the Conversion Rate shall be made under this Section 14.04(c). If any such right, option or warrant, including any such existing rights, options or warrants distributed
prior to the date of this Indenture, are subject to events, upon the occurrence of which such rights, options or warrants become exercisable to purchase different securities, evidences of indebtedness or other assets, then the date of the occurrence
of any and each such event shall be deemed to be the date of distribution and Ex-Dividend Date with respect to new rights, options or warrants with such rights (in which case the existing rights, options or
warrants shall be deemed to terminate and expire on such date without exercise by any of the holders thereof). In addition, in the event of any distribution (or deemed distribution) of rights, options or warrants, or any Trigger Event or other event
(of the type described in the immediately preceding sentence) with respect thereto that was counted for purposes of calculating a distribution amount for which an adjustment to the Conversion Rate under this Section 14.04(c) was made,
(1) in the case of any such rights, options or warrants that shall all have been redeemed or purchased without exercise by any holders thereof, upon such final redemption or purchase (x) the Conversion Rate shall be readjusted as if such
rights, options or warrants had not been issued and (y) the Conversion Rate shall then again be readjusted to give effect to such distribution, deemed distribution or Trigger Event, as the case may be, as though it were a cash distribution,
equal to the per share redemption or purchase price received by a holder or holders of the Ordinary Shares with respect to such rights, options or warrants (assuming such holder had retained such rights, options or warrants), made to all holders of
the Ordinary Shares as of the date of such redemption or purchase, and (2) in the case of such rights, options or warrants that shall have expired or been terminated without exercise by any holders thereof, the Conversion Rate shall be
readjusted as if such rights, options and warrants had not been issued. 
 For purposes of Section 14.04(a), Section 14.04(b) and
this Section 14.04(c), any dividend or distribution to which this Section 14.04(c) is applicable that also includes one or both of: 

(A) a dividend or distribution of Ordinary Shares to which Section 14.04(a) is applicable (the “Clause A
Distribution”); or 
 (B) a dividend or distribution of rights, options or warrants to which Section 14.04(b) is applicable
(the “Clause B Distribution”), 
 then (1) such dividend or distribution, other than the Clause A Distribution and the
Clause B Distribution, shall be deemed to be a dividend or distribution to which this Section 14.04(c) is applicable (the “Clause C Distribution”) and any Conversion Rate adjustment required by this Section 14.04(c)
with respect to such Clause C Distribution shall then be made, and (2) the Clause A Distribution and Clause B Distribution shall be deemed to immediately follow the Clause C Distribution and any Conversion Rate adjustment required by
Section 14.04(a) and 

  
 57 

 
Section 14.04(b) with respect thereto shall then be made, except that, if determined by the Company (I) the “Ex-Dividend Date” of the
Clause A Distribution and the Clause B Distribution shall be deemed to be the Ex-Dividend Date of the Clause C Distribution and (II) any Ordinary Shares included in the Clause A
Distribution or Clause B Distribution shall be deemed not to be “outstanding immediately prior to the open of business on such Ex-Dividend Date or Effective Date” within the meaning of
Section 14.04(a) or “outstanding immediately prior to the open of business on such Ex-Dividend Date” within the meaning of Section 14.04(b). 

(d) If the Company makes any cash dividend or distribution to all or substantially all holders of the Ordinary Shares, the Conversion Rate
shall be adjusted based on the following formula: 
  

											
	CR1	 	=	 	CR0	 	×	 	SP0	 	
	 	 	 	 	SP0 – C	 	

 where, 
  

					
	CR0	 	=	 	the Conversion Rate in effect immediately prior to the open of business on the Ex-Dividend Date for such dividend or distribution;
			
	CR1	 	=	 	the Conversion Rate in effect immediately after the open of business on the Ex-Dividend Date for such dividend or distribution;
			
	SP0	 	=	 	the Last Reported Sale Price of the Ordinary Shares on the Trading Day immediately preceding the Ex-Dividend Date for such dividend or distribution; and
			
	C	 	=	 	the amount in cash per share the Company distributes to all or substantially all holders of the Ordinary Shares.

 Any increase pursuant to this Section 14.04(d) shall become effective immediately after the open of business on the Ex-Dividend Date for such dividend or distribution. If such dividend or distribution is not so paid, the Conversion Rate shall be decreased, effective as of the date the Board of Directors determines not to make or
pay such dividend or distribution, to be the Conversion Rate that would then be in effect if such dividend or distribution had not been declared. Notwithstanding the foregoing, if “C” (as defined above) is equal to or greater than “SP0” (as defined above), in lieu of the foregoing increase, each Holder of a Note shall receive, for each $1,000 principal amount of Notes, at the same time and upon the same terms as holders of
Ordinary Shares, the amount of cash that such Holder would have received if such Holder owned a number of Ordinary Shares equal to the Conversion Rate on the Ex-Dividend Date for such cash dividend or
distribution. 
 (e) If the Company or any of its Subsidiaries make a payment in respect of a tender or exchange offer for the Ordinary
Shares, to the extent that the cash and value of any other consideration included in the payment per share exceeds the Last Reported Sale Price of the Ordinary Shares on the Trading Day next succeeding the last date on which tenders or exchanges may
be made pursuant to such tender or exchange offer, as the case may be, the Conversion Rate shall be increased based on the following formula: 

  
 58 

											
	CR1	 	=	 	CR0	 	×	 	AC + (SP1 × OS1)	 	
	 	 	 	 	OS0 × SP1	 	

 where, 
  

					
	CR0	 	=	 	the Conversion Rate in effect immediately prior to the close of business on the 10th Trading Day immediately following, and including, the Trading Day next succeeding the date such tender or exchange offer expires;
			
	CR1	 	=	 	the Conversion Rate in effect immediately after the close of business on the 10th Trading Day immediately following, and including, the Trading Day next succeeding the date such tender or exchange offer expires;
			
	AC	 	=	 	the aggregate value of all cash and any other consideration (as determined by the Board of Directors) paid or payable for Ordinary Shares purchased in such tender or exchange offer;
			
	OS0	 	=	 	the number of Ordinary Shares outstanding immediately prior to the date such tender or exchange offer expires (prior to giving effect to the purchase of all Ordinary Shares accepted for purchase or exchange in such tender or
exchange offer);
			
	OS1	 	=	 	the number of Ordinary Shares outstanding immediately after the date such tender or exchange offer expires (after giving effect to the purchase of all Ordinary Shares accepted for purchase or exchange in such tender or exchange
offer); and
			
	SP1	 	=	 	the average of the Last Reported Sale Prices of the Ordinary Shares over the 10 consecutive Trading Day period commencing on, and including, the Trading Day next succeeding the date such tender or exchange offer
expires.

 The adjustment to the Conversion Rate under this Section 14.04(e) shall occur at the close of business on the
10th Trading Day immediately following, and including, the Trading Day next succeeding the date such tender or exchange offer expires; provided that (i) in respect of any conversion within the 10 Trading Days immediately
following, and including, the Trading Day next succeeding the expiration date of any tender or exchange offer, references in this Section 14.04(e) with respect to 10 Trading Days shall be deemed replaced solely in respect of that
conversion with such lesser number of Trading Days as have elapsed between the date that such tender or exchange offer expires and the Conversion Date in determining the Conversion Rate and (ii) if the Trading Day next succeeding the expiration
date of any tender or exchange offer is less than 10 Trading Days prior to, and including, the end of the Observation Period in respect of any conversion, references in this Section 14.04(e) with respect to 10 Trading Days shall be deemed
replaced solely in respect of that conversion with such lesser number of Trading Days as have elapsed from, and including, the Trading Day next succeeding the expiration date to, and including, the last Trading Day of such Observation Period. 

(f) [Reserved.] 

  
 59 

 (g) Except as stated herein, the Company shall not adjust the Conversion Rate for the issuance of
Ordinary Shares or any securities convertible into or exchangeable for Ordinary Shares or the right to purchase Ordinary Shares or such convertible or exchangeable securities. 

(h) In addition to those adjustments required by clauses (a), (b), (c), (d) and (e) of this Section 14.04, and to the
extent permitted by applicable law and subject to the applicable rules of any exchange on which any of the Company’s securities are then listed, the Company from time to time may increase the Conversion Rate by any amount for a period of at
least 20 Business Days if the Board of Directors determines that such increase would be in the Company’s best interest. In addition, to the extent permitted by applicable law and subject to the applicable rules of any exchange on which any
of the Company’s securities are then listed, the Company may (but is not required to) increase the Conversion Rate to avoid or diminish any income tax to holders of the Ordinary Shares or rights to purchase Ordinary Shares in connection with a
dividend or distribution of shares (or rights to acquire shares) or similar event. Whenever the Conversion Rate is increased pursuant to either of the preceding two sentences, the Company shall mail to the Holder of each Note at its last address
appearing on the Note Register a notice of the increase at least 15 days prior to the date the increased Conversion Rate takes effect, and such notice shall state the increased Conversion Rate and the period during which it will be in effect.

 (i) Notwithstanding anything to the contrary in this Article 14, the Conversion Rate shall not be adjusted: 

(i) upon the issuance of any Ordinary Shares pursuant to any present or future plan providing for the reinvestment of dividends
or interest payable on the Company’s securities and the investment of additional optional amounts in Ordinary Shares under any plan; 

(ii) upon the issuance of any Ordinary Shares or options or rights to purchase those shares pursuant to any present or future
employee, director or consultant benefit plan or program of or assumed by the Company or any of the Company’s Subsidiaries; 

(iii) upon the issuance of any Ordinary Shares pursuant to any option, warrant, right or exercisable, exchangeable or
convertible security not described in clause (ii) of this subsection and outstanding as of the date the Notes were first issued; 

(iv) solely for a change in the par value of the Ordinary Shares; or 

(v) for accrued and unpaid interest, if any. 

(j) All calculations and other determinations in respect of the Conversion Rate shall be made by the Company and shall be made to the nearest
one-ten thousandth (1/10,000th) of a share. 

  
 60 

 (k) Whenever the Conversion Rate is adjusted as herein provided, the Company shall promptly file
with the Trustee (and the Conversion Agent if not the Trustee) an Officer’s Certificate setting forth the Conversion Rate after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Unless and until a
Responsible Officer of the Trustee shall have received such Officer’s Certificate, the Trustee shall not be deemed to have knowledge of any adjustment of the Conversion Rate and may assume without inquiry that the last Conversion Rate of which
it has knowledge is still in effect. Promptly after delivery of such certificate, the Company shall disseminate a press release detailing the new Conversion Rate and other relevant information. Failure to disseminate such press release shall not
affect the legality or validity of any such adjustment. 
 (l) For purposes of this Section 14.04, the number of Ordinary Shares at any
time outstanding shall not include shares held in the treasury of the Company so long as the Company does not pay any dividend or make any distribution on Ordinary Shares held in the treasury of the Company, but shall include shares issuable in
respect of scrip certificates issued in lieu of fractions of Ordinary Shares. 
 (m) A Holder that is a U.S. taxpayer may, in some
circumstances, including a distribution of cash dividends to holders of Ordinary Shares, be deemed to have received a distribution subject to U.S. federal income tax as a result of an adjustment or the nonoccurrence of an adjustment to the
Conversion Rate. 
 Section 14.05. Adjustments of Prices. Whenever any provision of this Indenture requires the Company to calculate
the Last Reported Sale Prices, the Daily VWAPs or the Daily Conversion Values (or, in each case, any function thereof) over a span of multiple days (including an Observation Period and the period for determining the Share Price for purposes of a
Make-Whole Fundamental Change), the Board of Directors shall make appropriate adjustments to each to account for any adjustment to the Conversion Rate that becomes effective, or any event requiring an adjustment to the Conversion Rate where the Ex-Dividend Date of the event occurs, at any time during the period when the Last Reported Sale Prices, the Daily VWAPs or the Daily Conversion Values are to be calculated. 

Section 14.06. [Reserved]. 

Section 14.07. Effect of Recapitalizations, Reclassifications and Changes of the Ordinary Shares. 

(a) In the case of: 

(i) any recapitalization, reclassification or change of the Ordinary Shares (other than changes resulting from a subdivision or
combination), 
 (ii) any consolidation, merger or combination involving the Company, 

(iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company’s
Subsidiaries substantially as an entirety or 
 (iv) any statutory share exchange, 

  
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 in each case, as a result of which the Ordinary Shares would be converted into, or exchanged for, stock, other
securities, other property or assets (including cash or any combination thereof) (any such event, a “Reorganization Event”), then, at and after the effective time of such Reorganization Event, upon conversion of the Notes the
Settlement Amount shall continue to be paid in solely cash; provided, however, that the Settlement Amount from and after the effective time of such Reorganization Event shall be calculated based on a unit consisting of the amount of
shares, other securities or other property or assets (including cash or any combination thereof) that a holder of one Ordinary Share immediately prior to such Reorganization Event would have owned or been entitled to receive upon the occurrence of
such Reorganization Event (such shares of stock, other securities or other property or assets (including cash or any combination thereof) the “Reference Property”, with each “unit of Reference Property” meaning the
kind and amount of Reference Property that a holder of one Ordinary Share is entitled to receive). Prior to or at the effective time of such Reorganization Event, the Company or the successor or purchasing Person, as the case may be, shall execute
with the Trustee a supplemental indenture permitted under Section 10.01(f) providing for such change in the right to convert each $1,000 principal amount of Notes. 

For purposes of the foregoing, if the Reorganization Event causes the Ordinary Shares to be converted into, or exchanged for, the right to
receive more than a single type of consideration (determined based in part upon any form of shareholder election), then (i) the Reference Property used to determine the amount of cash into which the Notes will be convertible shall be deemed to
be the weighted average of the types and amounts of consideration received by the holders of the Ordinary Shares that affirmatively make such an election. If the holders receive only cash in such Reorganization Event, then for all conversions that
occur after the effective date of such Reorganization Event (x) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as
may be increased by any Cash Make-Whole Premium pursuant to Section 14.03), multiplied by the price paid per Ordinary Share in such Reorganization Event and (y) the Company shall satisfy the Conversion Obligation by paying cash to
converting Holders on the third Business Day immediately following the Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) of such weighted average as soon as practicable after such
determination is made. 
 Such supplemental indenture described in the second immediately preceding paragraph shall provide for
anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14. If, in the case of any Reorganization Event, the Reference Property includes shares of stock, securities
or other property or assets (including cash or any combination thereof) of a Person other than the successor or purchasing corporation, as the case may be, in such Reorganization Event, then such supplemental indenture shall also be executed by such
other Person and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including, to the extent reasonably considered
necessary by the Board of Directors, the provisions providing for the purchase rights set forth in Article 15. 

  
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 (b) When the Company executes a supplemental indenture pursuant to subsection (a) of this
Section 14.07, the Company shall promptly file with the Trustee an Officer’s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property
after any such Reorganization Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly mail notice thereof to all Holders. The Company shall cause notice of the execution of
such supplemental indenture to be mailed to each Holder, at its address appearing on the Note Register provided for in this Indenture, within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or
validity of such supplemental indenture. 
 (c) The Company shall not become a party to any Reorganization Event unless its terms are
consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash as set forth in Section 14.01 and Section 14.02 prior to the effective date of such
Reorganization Event. 
 (d) The above provisions of this Section shall similarly apply to successive Reorganization Events. 

Section 14.08. Exchange in Lieu of Conversion. 

(a) When a Holder surrenders a Note for conversion, and the relevant Conversion Date occurs prior to the 45th Scheduled Trading Day immediately
preceding November 15, 2021, the Company may, at its election, direct the Conversion Agent to surrender, on or prior to the second Business Day following the Conversion Date, such Notes to a financial institution designated by the Company for
exchange in lieu of conversion. In order to accept any Notes surrendered for conversion, the designated institution must agree to deliver, in exchange for such Notes, the amount of cash that the Company would be obligated to deliver upon conversion
of such Notes at the time the Company would otherwise be required to deliver such cash, all in accordance with Section 14.02. By the close of business on the second Business Day following the Conversion Date, the Company shall notify the Holder
surrendering Notes for conversion, the Trustee and the Conversion Agent that the Company has directed the designated institution to make an exchange in lieu of conversion and that the designated financial institution has agreed to make such exchange
in lieu of conversion. 
 (b) If the designated financial institution accepts any such Notes, it will deliver the amount of cash due upon
conversion of such Notes directly to the Holder of such Notes on the date the Company would have otherwise been required to deliver such cash. Notes exchanged by the designated institution will remain outstanding. If the designated institution
agrees to accept any Notes for exchange in lieu of conversion but does not timely deliver the related cash amount, or if such designated institution does not accept the Notes for exchange, the Company will deliver the relevant cash amount to the
Holder on the applicable Settlement Date therefor in accordance with Section 14.02 as if the Company had not made an exchange in lieu of conversion election. The Company’s designation of a financial institution to which the Notes may be
submitted for exchange does not require the financial institution to accept any Notes. The Company may, but will not be obligated to, enter into a separate agreement with any designated financial institution that would compensate it for any such
transaction. 

  
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 Section 14.09. Responsibility of Trustee. The Trustee and any other Conversion Agent shall
not at any time be under any duty or responsibility to any Holder to determine the Conversion Rate (or any adjustment thereto) or whether any facts exist that may require any adjustment (including any increase) of the Conversion Rate, or with
respect to the nature or extent or calculation of any such adjustment when made, or with respect to the method employed, or herein or in any supplemental indenture provided to be employed, in making the same. The Trustee and any other Conversion
Agent shall not be accountable with respect to the validity or value (or the kind or amount) of any cash that may at any time be paid upon the conversion of any Note; and the Trustee and any other Conversion Agent make no representations with
respect thereto. Without limiting the generality of the foregoing, neither the Trustee nor any Conversion Agent shall be under any responsibility to determine the correctness of any provisions contained in any supplemental indenture entered into
pursuant to Section 14.07 relating either to the kind or amount of shares of stock or securities or property (including cash) upon which the Conversion Obligation of a Holder’s Notes may be based after any event referred to in such
Section 14.07 or to any adjustment to be made with respect thereto, but, subject to the provisions of Section 7.01, may accept (without any independent investigation) as conclusive evidence of the correctness of any such provisions, and
shall be protected in relying upon, the Officer’s Certificate (which the Company shall be obligated to file with the Trustee prior to the execution of any such supplemental indenture) with respect thereto. Neither the Trustee nor the Conversion
Agent shall be responsible for determining whether any event contemplated by Section 14.01(b) has occurred that makes the Notes eligible for conversion or no longer eligible therefor until the Company has delivered to the Trustee and the
Conversion Agent the notices referred to in Section 14.01(b) with respect to the commencement or termination of such conversion rights, on which notices the Trustee and the Conversion Agent may conclusively rely, and the Company agrees to
deliver such notices to the Trustee and the Conversion Agent immediately after the occurrence of any such event or at such other times as shall be provided for in Section 14.01(b). 

ARTICLE 15 
 REPURCHASE OF
NOTES AT OPTION OF HOLDERS 
 Section 15.01. [Reserved]. 

Section 15.02. Repurchase at Option of Holders Upon a Fundamental Change. (a) If a Fundamental Change occurs at any time, each
Holder shall have the right, at such Holder’s option, to require the Company to repurchase for cash all of such Holder’s Notes, or any portion of the principal amount thereof that is equal to $1,000 or an integral multiple of $1,000, on
the date (the “Fundamental Change Repurchase Date”) specified by the Company (subject to postponement to comply with applicable law) that is not less than 5 calendar days or more than 35 calendar days following the date of
the Fundamental Change Company Notice at a repurchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon to, but excluding, the Fundamental Change Repurchase Date (the “Fundamental Change
Repurchase Price”), unless the Fundamental Change Repurchase Date falls after a Regular Record Date but on or prior to the Interest Payment Date to which such Regular Record Date relates, in which case the Company shall instead pay the full
amount of accrued and unpaid interest to Holders of record as of such Regular Record Date, and the Fundamental Change Repurchase Price shall be equal to 100% of the principal amount of Notes to be repurchased pursuant to this Article 15. 

  
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 (b) Repurchases of Notes under this Section 15.02 shall be made, at the option of the Holder
thereof, upon: 
 (i) delivery to the Paying Agent by a Holder of a duly completed notice (the “Fundamental Change
Repurchase Notice”) in the form set forth in Attachment 2 to the Form of Note attached hereto as Exhibit A, if the Notes are Physical Notes, or in compliance with the Depositary’s procedures for surrendering interests in Global
Notes, if the Notes are Global Notes, in each case on or before the close of business on the Business Day immediately preceding the Fundamental Change Repurchase Date (subject to postponement to comply with applicable law); and 

(ii) delivery of the Notes, if the Notes are Physical Notes, to the Paying Agent at any time after delivery of the Fundamental
Change Repurchase Notice (together with all necessary endorsements for transfer) at the Corporate Trust Office of the Paying Agent, or book-entry transfer of the Notes, if the Notes are Global Notes, in compliance with the procedures of the
Depositary, in each case such delivery being a condition to receipt by the Holder of the Fundamental Change Repurchase Price therefor. 

The Fundamental Change Repurchase Notice in respect of any Notes to be repurchased shall state: 

(iii) in the case of Physical Notes, the certificate numbers of the Notes to be delivered for repurchase; 

(iv) the portion of the principal amount of Notes to be repurchased, which must be $1,000 or an integral multiple thereof; and

 (v) that the Notes are to be repurchased by the Company pursuant to the applicable provisions of the Notes and this
Indenture; 
 provided, however, that if the Notes are Global Notes, the Fundamental Change Repurchase Notice must comply with appropriate
Depositary procedures. 
 Notwithstanding anything herein to the contrary, any Holder delivering to the Paying Agent the Fundamental Change
Repurchase Notice contemplated by this Section 15.02 shall have the right to withdraw, in whole or in part, such Fundamental Change Repurchase Notice at any time prior to the close of business on the Business Day immediately preceding the
Fundamental Change Repurchase Date by delivery of a written notice of withdrawal to the Paying Agent in accordance with Section 15.03. 

The Paying Agent shall promptly notify the Company of the receipt by it of any Fundamental Change Repurchase Notice or written notice of
withdrawal thereof. 

  
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 (c) Within the 20 calendar days after the occurrence of the effective date of a Fundamental
Change, the Company shall provide to all Holders of Notes and the Trustee and the Paying Agent (in the case of a Paying Agent other than the Trustee) a notice (the “Fundamental Change Company Notice”) of the occurrence of the
effective date of the Fundamental Change and of the repurchase right at the option of the Holders arising as a result thereof. In the case of Physical Notes, such notice shall be by first class mail or, in the case of Global Notes, such notice shall
be delivered in accordance with the applicable procedures of the Depositary. Simultaneously with providing such notice, the Company shall publish a notice containing the information set forth in the Fundamental Change Company Notice in a newspaper
of general circulation in The City of New York or publish such information on the Company’s website or through such other public medium as the Company may use at that time. Each Fundamental Change Company Notice shall specify: 

(i) the events causing the Fundamental Change; 

(ii) the date of the Fundamental Change; 

(iii) the last date on which a Holder may exercise the repurchase right pursuant to this Article 15; 

(iv) the Fundamental Change Repurchase Price; 

(v) the Fundamental Change Repurchase Date; 

(vi) the name and address of the Paying Agent and the Conversion Agent, if applicable; 

(vii) if applicable, the Conversion Rate and any adjustments to the Conversion Rate; 

(viii) that the Notes with respect to which a Fundamental Change Repurchase Notice has been delivered by a Holder may be
converted only if the Holder withdraws the Fundamental Change Repurchase Notice in accordance with the terms of this Indenture; 

(ix) the procedures that Holders must follow to require the Company to repurchase their Notes. 

No failure of the Company to give the foregoing notices and no defect therein shall limit the Holders’ repurchase rights or affect the
validity of the proceedings for the repurchase of the Notes pursuant to this Section 15.02. 
 At the Company’s written request
delivered at least five Business Days before such notice is to be delivered to the Holders (unless a shorter period is acceptable to the Trustee), the Trustee shall give such notice in the Company’s name and at the Company’s expense;
provided, however, that, in all cases, the text of such Fundamental Change Company Notice shall be prepared by the Company. 

  
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 (d) Notwithstanding the foregoing, no Notes may be repurchased by the Company on any date at the
option of the Holders upon a Fundamental Change if the principal amount of the Notes has been accelerated, and such acceleration has not been rescinded, on or prior to such date (except in the case of an acceleration resulting from a Default by the
Company in the payment of the Fundamental Change Repurchase Price with respect to such Notes). The Paying Agent will promptly return to the respective Holders thereof any Physical Notes held by it during the acceleration of the Notes (except in the
case of an acceleration resulting from a Default by the Company in the payment of the Fundamental Change Repurchase Price with respect to such Notes), or any instructions for book-entry transfer of the Notes in compliance with the procedures of the
Depositary shall be deemed to have been cancelled, and, upon such return or cancellation, as the case may be, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn. 

Section 15.03. Withdrawal of Fundamental Change Repurchase Notice. (i) A Fundamental Change Repurchase Notice may be withdrawn (in
whole or in part) by means of a written notice of withdrawal delivered to the office of the Paying Agent in accordance with this Section 15.03 at any time prior to the close of business on the Business Day immediately preceding the Fundamental
Change Repurchase Date, specifying: 
 (ii) the principal amount of the Notes with respect to which such notice of withdrawal
is being submitted, 
 (iii) if Physical Notes have been issued, the certificate number of the Note in respect of which such
notice of withdrawal is being submitted, and 
 (iv) the principal amount, if any, of such Note that remains subject to the
original Fundamental Change Repurchase Notice, which portion must be in principal amounts of $1,000 or an integral multiple of $1,000; 
 provided,
however, that if the Notes are Global Notes, the notice must comply with appropriate procedures of the Depositary. 
 Section 15.04.
Deposit of Fundamental Change Repurchase Price. (a) The Company will deposit with the Trustee (or other Paying Agent appointed by the Company, or if the Company is acting as its own Paying Agent, set aside, segregate and hold in trust as
provided in Section 4.04) on or prior to 12:00 p.m., New York City time, on the Fundamental Change Repurchase Date an amount of money sufficient to repurchase all of the Notes to be repurchased at the appropriate Fundamental Change
Repurchase Price. Subject to receipt of funds and/or Notes by the Trustee (or other Paying Agent appointed by the Company), payment for Notes surrendered for repurchase (and not withdrawn prior to the close of business on the Business Day
immediately preceding the Fundamental Change Repurchase Date) will be made on the later of (i) the Fundamental Change Repurchase Date (provided the Holder has satisfied the conditions in Section 15.02) and (ii) the time of
book-entry transfer or the delivery of such Note to the Trustee (or other Paying Agent appointed by the Company) by the Holder thereof in the manner required by Section 15.02 by mailing checks for the amount payable to the Holders of such Notes
entitled thereto as they shall appear in the Note Register; provided, however, that payments to the Depositary shall be made by wire transfer of immediately available funds to the account of the Depositary or its nominee. The Trustee
shall, promptly after such payment and upon written demand by the Company, return to the Company any funds in excess of the Fundamental Change Repurchase Price. 

  
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 (b) If by 12:00 p.m. New York City time, on the Fundamental Change Repurchase Date, the Trustee
(or other Paying Agent appointed by the Company) holds money sufficient to make payment on all the Notes or portions thereof that are to be repurchased on such Fundamental Change Repurchase Date, then, with respect to the Notes that have been
properly surrendered for repurchase and not validly withdrawn, (i) such Notes will cease to be outstanding, (ii) interest will cease to accrue on such Notes (whether or not book-entry transfer of the Notes has been made or the Notes have
been delivered to the Trustee or Paying Agent) and all other rights of the Holders of such Notes will terminate (other than the right to receive the Fundamental Change Repurchase Price). 

(c) Upon surrender of a Note that is to be repurchased in part pursuant to Section 15.02, the Company shall execute and the Trustee shall
authenticate and deliver to the Holder a new Note in an authorized denomination equal in principal amount to the unrepurchased portion of the Note surrendered. 

ARTICLE 16 
 NO REDEMPTION

 Section 16.01. No Redemption. The Notes shall not be redeemable by the Company prior to the Maturity Date, and no sinking fund is
provided for the Notes. 
 ARTICLE 17 

MISCELLANEOUS PROVISIONS 
 Section
17.01. Provisions Binding on Company’s Successors. All the covenants, stipulations, promises and agreements of the Company contained in this Indenture shall bind its successors and assigns, whether so expressed or not. 

Section 17.02. Official Acts by Successor Corporation. Any act or proceeding by any provision of this Indenture authorized or required
to be done or performed by any board, committee or Officer of the Company shall and may be done and performed with like force and effect by the like board, committee or officer of any corporation or other entity that shall at the time be the lawful
sole successor of the Company. 
 Section 17.03. Addresses for Notices, Etc. Any notice or demand that by any provision of this
Indenture is required or permitted to be given or served by the Trustee or by the Holders on the Company shall be deemed to have been sufficiently given or made, for all purposes if given or served by being deposited postage prepaid by registered or
certified mail in a post office letter box addressed (until another address is filed by the Company with the Trustee) to Wright Medical Group N.V., Prins Bernhardplein 200, 1097 JB Amsterdam, The Netherlands, Attention: General Counsel, with a copy
(which shall not constitute notice) to 1023 Cherry Road, Memphis, Tennessee 38117, Attention: General Counsel. Any notice, direction, request or demand hereunder to or upon the Trustee shall be deemed to have been sufficiently given or made, for all
purposes, if given or served by being deposited postage prepaid by registered or certified mail in a post office letter box addressed to the Corporate Trust Office. 

  
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 The Trustee, by notice to the Company, may designate additional or different addresses for
subsequent notices or communications. 
 The Trustee agrees to accept and act upon instructions or directions pursuant to this Indenture
sent by unsecured e-mail, facsimile transmission or other similar unsecured electronic methods. If the party elects to give the Trustee e-mail or facsimile instructions
(or instructions by a similar electronic method) and the Trustee in its discretion elects to act upon such instructions, the Trustee’s understanding of such instructions shall be deemed controlling, absent manifest error. The Trustee shall not
be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such instructions notwithstanding if such instructions conflict or are inconsistent with a subsequent written
instruction received by the Trustee after it has acted upon the prior instructions. The party providing electronic instructions agrees to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the
Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk or interception and misuse by third parties. 

Any notice or communication mailed to a Holder shall be mailed to it by first class mail, postage prepaid, at its address as it appears on the
Note Register and shall be sufficiently given to it if so mailed within the time prescribed. 
 Failure to mail a notice or communication to
a Holder or any defect in it shall not affect its sufficiency with respect to other Holders. If a notice or communication is mailed in the manner provided above, it is duly given, whether or not the addressee receives it. 

In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice to
Holders by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. 

Notwithstanding anything to the contrary contained herein, as long as the Notes are in the form of a Global Note, notice to the Holders may be
made electronically in accordance with procedures of the Depositary. 
 Section 17.04. Governing Law; Jurisdiction. THIS INDENTURE,
EACH NOTE AND THE GUARANTEE (IF ANY), AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS INDENTURE, EACH NOTE OR THE GUARANTEE (IF ANY), SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK
(INCLUDING TITLE 14 OF ARTICLE 5 OF THE GENERAL OBLIGATIONS LAW OF NEW YORK). 
 Each of the Company, the Trustee and, by their
acceptance of the Notes, the Holders, irrevocably consents and agrees, for the benefit of the Company, the Holders from time to time of the Notes and the Trustee, that any legal action, suit or proceeding against it with respect to obligations,
liabilities or any other matter arising out of or in connection with this Indenture or the Notes may be brought in the courts of the State of New York or the courts of the United States located in the Borough of Manhattan, New York City, New York
and, until amounts due 

  
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and to become due in respect of the Notes have been paid, hereby irrevocably consents and submits to the non-exclusive jurisdiction of each such court in personam, generally and unconditionally
with respect to any action, suit or proceeding for itself in respect of its properties, assets and revenues. 
 Each of the Company, the
Trustee and, by their acceptance of the Notes, the Holders, irrevocably and unconditionally waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of venue of any of the aforesaid actions,
suits or proceedings arising out of or in connection with this Indenture brought in the courts of the State of New York or the courts of the United States located in the Borough of Manhattan, New York City, New York and hereby further irrevocably
and unconditionally waives and agrees not to plead or claim in any such court that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. 

Section 17.05. Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee. Upon any application
or demand by the Company to the Trustee to take any action under any of the provisions of this Indenture, the Company shall, if requested by the Trustee, furnish to the Trustee an Officer’s Certificate and Opinion of Counsel stating that such
action is permitted by the terms of this Indenture. 
 Each Officer’s Certificate and Opinion of Counsel provided for, by or on behalf
of the Company in this Indenture and delivered to the Trustee with respect to compliance with this Indenture (other than the Officer’s Certificates provided for in Section 4.08) shall include (a) a statement that the person signing
such certificate is familiar with the requested action and this Indenture; (b) a brief statement as to the nature and scope of the examination or investigation upon which the statement contained in such certificate is based; (c) a
statement that, in the opinion of such person, he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such action is permitted by this Indenture; and (d) a
statement as to whether, in the opinion of such person, such action is permitted by this Indenture. 
 Notwithstanding anything to the
contrary in this Section 17.05, if any provision in this Indenture specifically provides that the Trustee shall or may receive an Opinion of Counsel in connection with any action to be taken by the Trustee or the Company hereunder, the Trustee
shall be entitled to, or entitled to request, such Opinion of Counsel. 
 Section 17.06. Legal Holidays. In any case where any
Interest Payment Date, Fundamental Change Repurchase Date or Maturity Date is not a Business Day, then any action to be taken on such date need not be taken on such date, but may be taken on the next succeeding Business Day with the same force and
effect as if taken on such date, and no interest shall accrue in respect of the delay. 
 Section 17.07. No Security Interest
Created. Nothing in this Indenture or in the Notes, expressed or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any
jurisdiction. 

  
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 Section 17.08. Benefits of Indenture. Nothing in this Indenture or in the Notes, expressed
or implied, shall give to any Person, other than the Holders, the Company, the other parties hereto, any Paying Agent, any Conversion Agent, any Bid Solicitation Agent, any authenticating agent, any Note Registrar and their successors hereunder, any
benefit or any legal or equitable right, remedy or claim under this Indenture. 
 Section 17.09. Table of Contents, Headings, Etc.
The table of contents and the titles and headings of the articles and sections of this Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or
provisions hereof. 
 Section 17.10. Authenticating Agent. The Trustee may appoint an authenticating agent that shall be authorized
to act on its behalf and subject to its direction in the authentication and delivery of Notes in connection with the original issuance thereof and transfers and exchanges of Notes hereunder, including under Section 2.04, Section 2.05,
Section 2.06, Section 2.07, Section 10.04 and Section 15.04 as fully to all intents and purposes as though the authenticating agent had been expressly authorized by this Indenture and those Sections to authenticate and deliver
Notes. For all purposes of this Indenture, the authentication and delivery of Notes by the authenticating agent shall be deemed to be authentication and delivery of such Notes “by the Trustee” and a certificate of authentication executed
on behalf of the Trustee by an authenticating agent shall be deemed to satisfy any requirement hereunder or in the Notes for the Trustee’s certificate of authentication. Such authenticating agent shall at all times be a Person eligible to serve
as trustee hereunder pursuant to Section 7.08. 
 Any corporation or other entity into which any authenticating agent may be merged or
converted or with which it may be consolidated, or any corporation or other entity resulting from any merger, consolidation or conversion to which any authenticating agent shall be a party, or any corporation or other entity succeeding to the
corporate trust business of any authenticating agent, shall be the successor of the authenticating agent hereunder, if such successor corporation or other entity is otherwise eligible under this Section 17.10, without the execution or filing of
any paper or any further act on the part of the parties hereto or the authenticating agent or such successor corporation or other entity. 

Any authenticating agent may at any time resign by giving written notice of resignation to the Trustee and to the Company. The Trustee may at
any time terminate the agency of any authenticating agent by giving written notice of termination to such authenticating agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time any
authenticating agent shall cease to be eligible under this Section, the Trustee may appoint a successor authenticating agent (which may be the Trustee), shall give written notice of such appointment to the Company and shall mail notice of such
appointment to all Holders as the names and addresses of such Holders appear on the Note Register. 
 The Company agrees to pay to the
authenticating agent from time to time reasonable compensation for its services although the Company may terminate the authenticating agent for any reason. 

  
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 The provisions of Section 7.02, Section 7.03, Section 7.04, Section 8.03 and
this Section 17.10 shall be applicable to any authenticating agent. 
 If an authenticating agent is appointed pursuant to this
Section 17.10, the Notes may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternative certificate of authentication in the following form: 

 

					
	 	 	,
	as Authenticating Agent, certifies that this is one of the Notes described in the within-named Indenture.
			
	By:	 	 	 	
	Authorized Officer	 	

 Section 17.11. Execution in Counterparts. This Indenture may be executed in any number of counterparts,
each of which shall be an original, but such counterparts shall together constitute but one and the same instrument. 
 Section 17.12.
Severability. In the event any provision of this Indenture or in the Notes shall be invalid, illegal or unenforceable, then (to the extent permitted by law) the validity, legality or enforceability of the remaining provisions shall not in any
way be affected or impaired. 
 Section 17.13. Waiver of Jury Trial. EACH OF THE COMPANY, THE TRUSTEE AND, BY THEIR ACCEPTANCE OF THE
NOTES, THE HOLDERS, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES, OR THE TRANSACTIONS CONTEMPLATED
HEREBY. 
 Section 17.14. Force Majeure. In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances,
nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts that are consistent
with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 
 Section 17.15.
Calculations. Except as otherwise provided herein, the Company shall be responsible for making all calculations called for under the Notes. These calculations include, but are not limited to, determinations of the Last Reported Sale Prices of
the Ordinary Shares, the Daily VWAPs, the Daily Conversion Values, the Settlement Amounts, accrued interest and Additional Amounts, if any, payable on the Notes and the Conversion Rate of the Notes. The Company shall make all these calculations in
good faith and, absent manifest error, the Company’s calculations shall be final and binding on Holders of Notes. The Company shall provide a schedule of its calculations to each of the Trustee and the Conversion Agent, and each of the Trustee
and Conversion Agent is entitled to rely conclusively upon the accuracy of the Company’s calculations without independent verification. The Trustee will forward the Company’s calculations to any Holder of Notes upon the request of that
Holder at the sole cost and expense of the Company. 

  
 72 

 Section 17.16. Tax Withholding. In order to comply with applicable tax laws, rules and
regulations (inclusive of directives, guidelines and interpretations promulgated by competent authorities) in effect from time to time (“Applicable Law”) that a foreign financial institution, or issuer, trustee, paying agent, holder
or other institution is or has agreed to be subject to related to this Indenture, the Company agrees (i) to provide to the Trustee sufficient information about Holders or other applicable parties and/or transactions (including any modification
to the terms of such transactions) that is reasonably requested by the Trustee so the Trustee can determine whether it has tax related obligations under Applicable Law, (ii) that the Trustee shall be entitled to make any withholding or
deduction from payments under the Indenture to the extent necessary to comply with Applicable Law for which the Trustee shall not have any liability, and (iii) to hold harmless the Trustee for any losses it may suffer due to the actions it
takes to comply with such Applicable Law, in case of each of clauses (ii) and (iii), other than any liability or losses as may be attributable to the Trustee’s willful misconduct or negligence. The terms of this section shall survive the
termination of this Indenture. 
 Section 17.17. Agent for Service of Process. 

The Company hereby irrevocably appoints and designates James Lightman (the “Agent for Service of Process”), having an address
at 1023 Cherry Road, Memphis, Tennessee 38117 as its true and lawful attorney-in-fact and duly authorized agent for the limited purpose of accepting service of legal process and the Company agrees that service of process upon such party shall
constitute personal service of such process on such person. The Company shall maintain the designation and appointment of the Agent for Service of Process at such address until all obligations under this Indenture shall have been completed in total.
If the Agent for Service of Process shall cease to so act, the Company shall immediately designate and shall promptly deliver to the Trustee evidence in writing of acceptance by another agent for service of process of such appointment, which such
other agent for service of process shall have an address for receipt of service of process in the State of New York and the provisions above shall equally apply to such other agent for service of process. 

[Remainder of page intentionally left blank] 

  
 73 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed as of the
date first written above. 
  

			
	THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
		
	By:	 	/s/ Valere Boyd
		 	Name: Valere Boyd
		 	Title: Vice President

  
 74 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed as of the
date first written above. 
  

			
	WRIGHT MEDICAL GROUP N.V.
		
	By:	 	/s/ Lance A. Berry
		 	Name: Lance A. Berry
		 	Title: Senior Vice President and Chief Financial Officer

  
 75 

 EXHIBIT A 

[FORM OF FACE OF NOTE] 
 NO
AFFILIATE (AS DEFINED IN RULE 144 UNDER THE SECURITIES ACT) OF WRIGHT MEDICAL GROUP N.V. OR PERSON THAT HAS BEEN AN AFFILIATE (AS DEFINED IN RULE 144 UNDER THE SECURITIES ACT) OF WRIGHT MEDICAL GROUP N.V. DURING THE IMMEDIATELY PRECEDING THREE
MONTHS MAY PURCHASE, OTHERWISE ACQUIRE OR HOLD THIS SECURITY OR A BENEFICIAL INTEREST HEREIN. 
 [INCLUDE FOLLOWING LEGEND IF A GLOBAL NOTE]

 [UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF
DTC (AND ANY PAYMENT HEREUNDER IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH
AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.] 
 [INCLUDE FOLLOWING LEGEND IF A RESTRICTED SECURITY] 

[THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED,
SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE ACQUIRER: 

(1) REPRESENTS THAT IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING OF
RULE 144A UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, AND 
 (2)
AGREES FOR THE BENEFIT OF WRIGHT MEDICAL GROUP N.V. (THE “COMPANY”) THAT IT WILL NOT OFFER, SELL, PLEDGE OR OTHERWISE TRANSFER THIS SECURITY OR ANY BENEFICIAL INTEREST HEREIN PRIOR TO THE DATE THAT IS THE LATER OF (X) ONE YEAR AFTER
THE LAST ORIGINAL ISSUE DATE HEREOF OR SUCH SHORTER PERIOD OF TIME AS PERMITTED BY RULE 144 UNDER THE SECURITIES ACT OR ANY SUCCESSOR PROVISION THERETO AND (Y) SUCH LATER DATE, IF ANY, AS MAY BE REQUIRED BY APPLICABLE LAW, EXCEPT: 

(A) TO THE COMPANY OR ANY SUBSIDIARIES THEREOF, OR 

  
 76 

 (B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BECOME EFFECTIVE UNDER THE
SECURITIES ACT, OR 
 (C) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE A-1
WITH RULE 144A UNDER THE SECURITIES ACT, OR 
 (D) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144
UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 PRIOR TO THE
REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(D) ABOVE, THE COMPANY AND THE TRUSTEE RESERVE THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE
THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.] 

  
 77 

 Wright Medical Group N.V. 

2.25% Cash Convertible Senior Note due 2021 
 No.
[            ] [Initially] $[            ] 

CUSIP No. [            ] 

Wright Medical Group N.V., a Dutch public limited liability company (naamloze vennootschap) (the “Company,” which term
includes any successor corporation or other entity under the Indenture referred to on the reverse hereof), for value received hereby promises to pay to [CEDE & CO.]
[            ], or registered assigns, the principal sum [as set forth in the “Schedule of Exchanges of Notes” attached hereto] [of
$[            ]], on November 15, 2021, and interest thereon as set forth below. 

This Note shall bear interest at the rate of 2.25% per year from May 20, 2016, or from the most recent date to which interest had
been paid or provided for to, but excluding, the next scheduled Interest Payment Date until November 15, 2021. Interest is payable semi-annually in arrears on each May 15 and November 15, commencing on November 15, 2016, to
Holders of record at the close of business on the preceding May 1 and November 1 (whether or not such day is a Business Day), respectively. Additional Interest will be payable as set forth in Section 4.06(d), Section 4.06(e) and
Section 6.03 of the within-mentioned Indenture, and any reference to interest on, or in respect of, any Note therein shall be deemed to include Additional Interest if, in such context, Additional Interest is, was or would be payable pursuant to
any of such Section 4.06(d), Section 4.06(e) or Section 6.03, and any express mention of the payment of Additional Interest in any provision therein shall not be construed as excluding Additional Interest in those provisions thereof
where such express mention is not made. 
 Any Defaulted Amounts shall accrue interest per annum at the rate borne by the Notes, subject to
the enforceability thereof under applicable law, from, and including, the relevant payment date to, but excluding, the date on which such Defaulted Amounts shall have been paid by the Company, at its election, in accordance with Section 2.03(c)
of the Indenture. 
 The Company shall pay the principal of and interest on this Note, so long as such Note is a Global Note, in immediately
available funds to the Depositary or its nominee, as the case may be, as the registered Holder of such Note. As provided in and subject to the provisions of the Indenture, the Company shall pay the principal of any Notes (other than Notes that are
Global Notes) at the office or agency designated by the Company for that purpose. The Company has initially designated the Trustee as its Paying Agent and Note Registrar in respect of the Notes and its agency in the Borough of Manhattan, The City of
New York, as a place where Notes may be presented for payment or for registration of transfer. 
 Reference is made to the further
provisions of this Note set forth on the reverse hereof, including, without limitation, provisions giving the Holder of this Note the right to convert this Note solely into cash on the terms and subject to the limitations set forth in the Indenture.
Such further provisions shall for all purposes have the same effect as though fully set forth at this place. 

  
 78 

 This Note, and any claim, controversy or dispute arising under or related to this Note, shall
be construed in accordance with and governed by the laws of the State of New York (including Title 14 of Article 5 of the General Obligations Law of New York). 

In the case of any conflict between this Note and the Indenture, the provisions of the Indenture shall control and govern. 

This Note shall not be valid or become obligatory for any purpose until the certificate of authentication hereon shall have been signed
manually or by facsimile by the Trustee or a duly authorized authenticating agent under the Indenture. 
 [Remainder of page
intentionally left blank] 

  
 79 

 IN WITNESS WHEREOF, the Company has caused this Note to be duly executed. 

 

			
	WRIGHT MEDICAL GROUP N.V.
		
	By:	 	 
		 	Name:
		 	Title:

  
 80 

 Dated: 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 THE BANK OF NEW
YORK MELLON TRUST COMPANY, N.A. 
 as Trustee, certifies that this is one of the Notes described 

in the within-named Indenture. 
 By:
                                         
                    
 Authorized Signatory 

  
 81 

 [FORM OF REVERSE OF NOTE] 

Wright Medical Group N.V. 
 2.25%
Cash Convertible Senior Note due 2021 
 This Note is one of a duly authorized issue of Notes of the Company, designated as its 2.25% Cash
Convertible Senior Notes due 2021 (the “Notes”), in an initial aggregate principal amount of $395,000,000, all issued or to be issued under and pursuant to an Indenture dated as of May 20, 2016 (the
“Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A. (the “Trustee”), to which Indenture and all indentures supplemental thereto reference is hereby made for a description of the
rights, limitations of rights, obligations, duties and immunities thereunder of the Trustee, the Company and the Holders of the Notes. Additional Notes may be issued in an unlimited aggregate principal amount, subject to certain conditions specified
in the Indenture. 
 In case certain Events of Default, as defined in the Indenture, shall have occurred and be continuing, the principal
of, and interest on, all Notes may be declared, by either the Trustee or Holders of at least 25% in aggregate principal amount of Notes then outstanding, and upon said declaration shall become, due and payable, in the manner, with the effect and
subject to the conditions and certain exceptions set forth in the Indenture. 
 Subject to the terms and conditions of the Indenture, the
Company will make all payments in respect of the Fundamental Change Repurchase Price on the Fundamental Change Repurchase Date and the principal amount on the Maturity Date, as the case may be, to the Holder who surrenders a Note to a Paying Agent
to collect such payments in respect of the Note. The Company will pay cash amounts in money of the United States that at the time of payment is legal tender for payment of public and private debts. 

The Indenture contains provisions permitting the Company and the Trustee in certain circumstances, without the consent of the Holders of the
Notes, and in certain other circumstances, with the consent of the Holders of not less than a majority in aggregate principal amount of the Notes at the time outstanding, evidenced as in the Indenture provided, to execute supplemental indentures
modifying the terms of the Indenture and the Notes as described therein. It is also provided in the Indenture that, subject to certain exceptions, the Holders of a majority in aggregate principal amount of the Notes at the time outstanding may on
behalf of the Holders of all of the Notes waive any past Default or Event of Default under the Indenture and its consequences. 
 No
reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal (including the Fundamental Change Repurchase Price, if
applicable) of, accrued and unpaid interest on, and the cash due upon conversion of, this Note (and, for the avoidance of doubt, any related Additional Amounts, if applicable) at the place, at the respective times, at the rate and in the lawful
money herein prescribed as provided in the last paragraph of Section 6.06 of the Indenture. 

  
 82 

 In any case where any Interest Payment Date, Fundamental Change Repurchase Date or Maturity Date
is not a Business Day, then any action to be taken on such date need not be taken on such date, but may be taken on the next succeeding Business Day with the same force and effect as if taken on such date, and no interest shall accrue in respect of
the delay. 
 The Notes are issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples
thereof. At the office or agency of the Company referred to on the face hereof, and in the manner and subject to the limitations provided in the Indenture, Notes may be exchanged for a like aggregate principal amount of Notes of other authorized
denominations, without payment of any service charge but, if required by the Company or Trustee, with payment of a sum sufficient to cover any transfer tax or other similar governmental charge required by law or otherwise permitted under the
Indenture. 
 The Notes are not subject to redemption through the operation of any sinking fund or otherwise. 

Upon the occurrence of a Fundamental Change, the Holder has the right, at such Holder’s option, to require the Company to repurchase for
cash all of such Holder’s Notes or any portion thereof (in principal amounts of $1,000 or integral multiples thereof) on the Fundamental Change Repurchase Date at a price equal to the Fundamental Change Repurchase Price. 

Subject to the provisions of the Indenture, the Holder hereof has the right, at its option, during certain periods and upon the occurrence of
certain conditions specified in the Indenture, prior to the close of business on the second Scheduled Trading Day immediately preceding the Maturity Date, to convert any Notes or portion thereof that is $1,000 or an integral multiple thereof, solely
into cash at the Conversion Rate specified in the Indenture, as adjusted from time to time as provided in the Indenture. 
 Terms used in
this Note and defined in the Indenture are used herein as therein defined. 

  
 83 

 ABBREVIATIONS 

The following abbreviations, when used in the inscription of the face of this Note, shall be construed as though they were written out in full
according to applicable laws or regulations: 
 TEN COM = as tenants in common 

UNIF GIFT MIN ACT = Uniform Gifts to Minors Act CUST = Custodian 

TEN ENT = as tenants by the entireties 
 JT TEN = joint
tenants with right of survivorship and not as tenants in common 
 Additional abbreviations may also be used though not in the above list.

  
 84 

 SCHEDULE A 

SCHEDULE OF EXCHANGES OF NOTES 

Wright Medical Group N.V. 
 2.25%
Cash Convertible Senior Notes due 2021 
 The initial principal amount of this Global Note is
                 DOLLARS ($[                ]). The following increases or
decreases in this Global Note have been made: 
  

									
	 Date of exchange
	 	 Amount of decrease in
principal amount of
this
Global Note
	 	 Amount of increase in principal
amount of
this Global Note
	 	 Principal amount of this Global
Note
following such decrease
or increase
	 	 Signature of authorized
signatory of Trustee
or
Custodian

  
 85 

 ATTACHMENT 1 

[FORM OF NOTICE OF CONVERSION] 
 To: Wright
Medical Group N.V. 
 The undersigned registered owner of this Note hereby exercises the option to convert this Note, or the portion hereof
(that is $1,000 principal amount or an integral multiple thereof) below designated, solely into cash in accordance with the terms of the Indenture referred to in this Note, and directs that all cash payable upon such conversion, and any Notes
representing any unconverted principal amount hereof, be issued and delivered to the registered Holder hereof unless a different name has been indicated below. Any amount required to be paid to the undersigned on account of interest accompanies this
Note. 
  

									
	Dated:	  	 	 		  	 	  	
					
		  		 		  	 	  	
		  		 		  	Signature(s)	  	
				
	 	 		  		  	
	Signature Guarantee	 		  		  	
		
	 Signature(s) must be guaranteed
 by
an eligible Guarantor Institution
 (banks, stock brokers, savings and

loan associations and credit unions)
 with membership in an
approved
 signature guarantee medallion program
 pursuant to
Securities and Exchange
 Commission Rule 17Ad-15 if Notes are to

be delivered, other than
 to and in the name of the

registered holder.
  

Fill in if Notes to
 be delivered, other than to and in the

name of the registered holder:
  
	  	
	 	 		  		  	
	(Name)	 		  		  	
	 	 		  		  	
	(Street Address)	 		  		  	

  
 86 

									
	 	 		  		  	
	(City, State and Zip Code) Please print name and address	 		  		  	
		 		  	 Principal amount to be converted (if less than all):

$            ,000
  

NOTICE: The above signature(s) of the Holder(s)
 hereof must
correspond with the name as written
 upon the face of the Note in every particular

without alteration or enlargement or any change

whatever.

		 		  	 	  	
		 		  	 Social Security or Other Taxpayer

Identification Number

  
 87 

 ATTACHMENT 2 

[FORM OF FUNDAMENTAL CHANGE REPURCHASE NOTICE] 

To: Wright Medical Group N.V. 
 The undersigned
registered owner of this Note hereby acknowledges receipt of a notice from Wright Medical Group N.V. (the “Company”) as to the occurrence of a Fundamental Change with respect to the Company and specifying the Fundamental Change
Repurchase Date and requests and instructs the Company to pay to the registered holder hereof in accordance with Section 15.02 of the Indenture referred to in this Note (1) the entire principal amount of this Note, or the portion thereof
(that is $1,000 principal amount or an integral multiple thereof) below designated, and (2) if such Fundamental Change Repurchase Date does not fall during the period after a Regular Record Date and on or prior to the corresponding Interest
Payment Date, accrued and unpaid interest, if any, thereon to, but excluding, such Fundamental Change Repurchase Date. 
 In the case of
Physical Notes, the certificate numbers of the Notes to be repurchased are as set forth below: 
 Dated:
                                 

 

	
	 
	Signature(s)
	
	 
	Social Security or Other Taxpayer Identification Number
	
	 Principal amount to be repaid (if less than all):

$            ,000

	
	NOTICE: The above signature(s) of the Holder(s) hereof must correspond with the name as written upon the face of the Note in every particular without alteration or enlargement or any change
whatever.

  
 88 

 ATTACHMENT 3 

[FORM OF ASSIGNMENT AND TRANSFER] 
 For value
received                      hereby sell(s), assign(s) and transfer(s) unto
                     (Please insert social security or Taxpayer Identification Number of assignee) the within Note, and hereby irrevocably
constitutes and appoints                      attorney to transfer the said Note on the books of the Company, with full power of substitution
in the premises. 
 In connection with any transfer of the within Note occurring prior to the Resale Restriction Termination Date, as defined in the
Indenture governing such Note, the undersigned confirms that such Note is being transferred: 
  ̈ To Wright
Medical Group N.V. or a subsidiary thereof; or 
  ̈ Pursuant to a registration statement that has become or
been declared effective under the Securities Act of 1933, as amended; or 
  ̈ Pursuant to and in compliance
with Rule 144A under the Securities Act of 1933, as amended; or 
  ̈ Pursuant to and in compliance with
Rule 144 under the Securities Act of 1933, as amended, or any other available exemption from the registration requirements of the Securities Act of 1933, as amended. 

  
 89 

 Dated:
                     
  

	
	   

	
	   

	Signature(s)
	
	   

	Signature Guarantee
	
	Signature(s) must be guaranteed by an eligible Guarantor Institution (banks, stock brokers, savings and loan associations and credit unions) with membership in an approved signature guarantee medallion program pursuant to
Securities and Exchange Commission Rule 17Ad-15 if Notes are to be delivered, other than to and in the name of the registered holder.

 NOTICE: The signature on the assignment must correspond with the name as written upon the face of the Note in every particular
without alteration or enlargement or any change whatever. 

  
 90EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
 AMENDMENT
NO. 1 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT 
 AMENDMENT, dated as of May 19, 2016 (this “Amendment”), among
THE GEO GROUP, INC., a Florida corporation (“GEO”), and GEO CORRECTIONS HOLDINGS, INC., a Florida corporation (together with GEO, the “Borrowers”), GEO AUSTRALASIA HOLDINGS PTY LTD (“GEO Australasia
Holdings”), GEO AUSTRALASIA FINANCE HOLDINGS PTY LTD as trustee for the GEO AUSTRALASIA FINANCE HOLDING TRUST (the “Australian Trust”) (the “Australian Trustee”; and together with GEO Australasia Holdings,
collectively, the “Australian Borrowers”), the Guarantors party hereto, the Issuing Lenders party hereto, the Lenders party hereto and BNP PARIBAS, as Administrative Agent (the “Administrative Agent”). 

RECITALS: 
 WHEREAS, reference is
hereby made to the Second Amended and Restated Credit Agreement, dated as of August 27, 2014 (as amended, supplemented or otherwise modified and as in effect immediately prior to the Amendment Effective Time (as defined below), the
“Existing Credit Agreement”), by and among the Borrowers, the Lenders from time to time party thereto, the Issuing Lenders from time to time party thereto and the Administrative Agent; 

WHEREAS, GEO recently created the Australian Borrowers and the Australian Trust, and each of the Australian Borrowers (x) is a
wholly-owned (directly or indirectly) Foreign Subsidiary of GEO and (y) intends to become a party to the Amended Credit Agreement by executing this Amendment; 

WHEREAS, the Borrowers wish to effect (x) a Revolving Credit Increase in the amount of $200,000,000 and (y) the other amendments to
the Existing Credit Agreement set forth herein; and 
 WHEREAS, the parties hereto wish to amend the Existing Credit Agreement on the terms
and subject to the conditions set forth herein and in the Amended Credit Agreement (as defined below) and to authorize and take such other actions and enter into such other agreements as are set forth herein. 

NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and
receipt of which are hereby acknowledged, the parties hereto agree as follows: 
 Section 1. Definitions. Except as otherwise
defined in this Amendment, terms defined in the Amended Credit Agreement are used herein as defined therein. 
 Section 2.
Designation of Restricted Subsidiaries; Joinder to Amended Credit Agreement. GEO hereby designates each of the Australian Borrowers as Restricted Subsidiaries. Each of the Australian Borrowers hereby agrees that, effective upon the occurrence
of the Amendment Effective Time, it shall be a party to the Amended Credit Agreement as an Australian Borrower thereunder as if a signatory thereto on the date hereof. 

Section 3. Amendments. Effective upon the Amendment Effective Time, the Existing Credit Agreement is hereby amended to delete the
struck text (indicated textually in the same manner as the following example: stricken text) and to add the underlined text (indicated textually in the same manner as the following example: underlined text) as set forth in
the Existing Credit Agreement attached hereto as Exhibit A, except that any Schedule, Exhibit or other attachment to the Existing Credit Agreement not amended pursuant to the terms of this Amendment or otherwise included as part of Exhibit A
shall remain in effect without any amendment or other modification thereto (the Existing Credit Agreement as so amended, the “Amended Credit Agreement”). 

 Section 4. Revolving Credit Commitment Increase; Addition of Multicurrency
Subfacility. 
 (a) This Amendment shall constitute a Revolving Credit Commitment Increase for all purposes of the Existing Credit
Agreement and the Amended Credit Agreement (and the other Loan Documents), which Revolving Credit Commitment Increase shall become effective on the date hereof at the Amendment Effective Time (and, subject to the occurrence of the Amendment
Effective Time on such date, the date of this Amendment shall be the Commitment Increase Date in respect of such Revolving Credit Commitment Increase), without the need for any further or other notice, including as set forth in Section 2.08(e)
of the Existing Credit Agreement (which notice is hereby deemed satisfied by this Amendment). Each of the Revolving Credit Lenders (as defined in the Existing Credit Agreement) party hereto, which together constitute the Required Lenders (as defined
in the Existing Credit Agreement), hereby waive (x) the conditions to effectiveness of the Revolving Credit Commitment Increase set forth in Section 2.08(e)(i) of the Exiting Credit Agreement and (y) the time of day deadlines set
forth in Section 2.08(e)(ii) of the Existing Credit Agreement. 
 (b) Each Lender (including each Increasing Lender and each Assuming
Lender) executing a Lender Addendum hereto as a Revolving Credit Lender hereby agrees, severally and not jointly, to provide a Revolving Credit Commitment to the Borrowers at the Amendment Effective Time in an aggregate principal amount equal to the
Revolving Credit Commitment amount set forth opposite such Lender’s name on its Lender Addendum (to the extent such Lender Addendum is accepted and counter-signed by the Administrative Agent and the Borrowers), on the terms set forth herein and
in the Amended Credit Agreement, and subject to the conditions set forth below. 
 (c) Each Revolving Credit Lender (including each
applicable Increasing Lender or Assuming Lender) executing a Lender Addendum hereto as a Multicurrency Subfacility Lender hereby agrees, severally and not jointly, to provide a Multicurrency Subfacility Commitment to the Borrowers and the Australian
Borrowers at the Amendment Effective Time in an aggregate principal amount equal to the Multicurrency Subfacility Commitment amount set forth opposite such Multicurrency Subfacility Lender’s name on its Lender Addendum (to the extent such
Lender Addendum is accepted and counter-signed by the Administrative Agent, the Borrowers and the Australian Borrowers), on the terms set forth herein and in the Amended Credit Agreement, and subject to the conditions set forth below. 

(d) Each new Revolving Credit Lender and each Multicurrency Subfacility Lender party hereto hereby acknowledges, agrees and confirms that,
effective upon the occurrence of the Amendment Effective Time, (i) it shall be a party to, and bound by all of the terms provisions and conditions of, the Amended Credit Agreement as a Revolving Credit Lender or Multicurrency Subfacility
Lender, as applicable, as if a signatory thereto on the date hereof, and will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Revolving Credit Lender or a
Multicurrency Subfacility Lender, as applicable, (ii) it has received copies of the Loan Documents, copies of the most recent financial statements delivered pursuant to Section 5.01 of the Existing Credit Agreement and such other documents
and information as it deems appropriate, independently and without reliance upon the Administrative Agent, any other Lender or any of their Related Parties, to make its own credit analysis and decision to enter into this Amendment and to become a
Revolving Credit Lender or a Multicurrency Subfacility Lender, as applicable, under the Amended Credit Agreement, (iii) it will, independently and without reliance upon the Administrative Agent, any other Lender or any of their Related Parties
and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Amendment, the Amended Credit Agreement, any other Loan Document
or any related agreement or any document furnished hereunder or thereunder, (iv) it meets all requirements for assignees of Revolving Credit Lenders or Multicurrency Subfacility Lenders, as applicable, set forth in Section 9.04(b) of the
Amended Credit Agreement (after giving effect to the consents set forth on the signature pages to this Amendment or any applicable Lender Addendum), (v) it has full power and authority, and has taken all action necessary, to execute and deliver
this Amendment (including its Lender Addendum) and to consummate the transactions contemplated hereby (and by the Amended Credit Agreement) and to become a Revolving Credit Lender or a Multicurrency Subfacility Lender, as applicable, under the
Amended Credit Agreement, (vi) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Revolving Credit Lender or a Multicurrency Subfacility Lender,
as applicable, and (vii) if it is a Foreign Lender, it has delivered to the Administrative Agent, on or prior to the date hereof, any documentation required to be delivered by a Foreign Lender pursuant to the terms of the Amended Credit
Agreement, duly completed and executed (if applicable) by such Person. 

  
 2 

 Section 5. Certain Adjustments. On and as of the date hereof, subject to the
occurrence of the Amendment Effective Time, the reallocations and payments referred to in Section 2.08(e)(iv) of the Existing Credit Agreement shall be effected by the Administrative Agent, the Borrowers and the relevant Revolving Credit
Lenders (including, for the avoidance of doubt, each applicable Increasing Lender and each applicable Assuming Lender). 
 Section 6.
Conditions Precedent. The amendments set forth in Section 3 and the agreements set forth in Section 4 shall become effective, and with respect to Section 4, the Commitment Increase Date shall occur, as of
the date hereof, at the first time that all of the following conditions precedent shall have been satisfied (the “Amendment Effective Time”): 

The Administrative Agent shall have received: 

(a) counterparts of the following documents signed by the following parties: (i) from the Loan Parties (as defined below),
the Administrative Agent, the Swingline Lender and each Issuing Lender, this Amendment; and (ii) from each Revolving Credit Lender, each Multicurrency Subfacility Lender, each Australian LC Facility Lender and (without duplication) the Required
Lenders under (and as defined in) the Existing Credit Agreement, a Lender Addendum to this Amendment; 
 (b) a certificate of
the secretary or assistant secretary (or equivalent) of each Loan Party certifying (x) as to the incumbency and genuineness of the signature of each officer of such Loan Party executing this Amendment and any other Loan Documents and
(y) that: 
 (i) either (x) such Loan Party’s articles of incorporation, bylaws or similar charter documents
certified and delivered to the Administrative Agent on the Second Restatement Effective Date pursuant to paragraph (e) of Section 4.01 of the Existing Credit Agreement remain in full force and effect on the date hereof without modification
or amendment since such original delivery or (y) attached thereto are true, correct and complete copies of (A) the articles of incorporation or similar charter documents of such Loan Party and in the case of a Loan Party other than an
Australian Borrower, certified as of a recent date by the appropriate Governmental Authority in its jurisdiction of organization and (B) the bylaws or operating agreement (including, in the case of the Australian Trustee, the Australian Trust
Instrument) or similar governing documents of such Loan Party, in each case under this clause (y) as in effect on the date hereof; 

(ii) attached thereto is a true, correct and complete copy of resolutions duly adopted by the Board of Directors of each Loan
Party authorizing the execution, delivery and performance of this Amendment (including, in the case of each Australian Borrower, a copy of a resolution (or an extract thereof) of its board of directors (A) containing confirmations, amongst
other things, that the entry into the Loan Documents to which it is a party and the transactions contemplated thereby (w) are for that Australian Borrower’s benefit (and, in the case of the Australian Trustee, are for the benefit of the
Australian Trust) and (x) will not breach that Australian Borrower’s constitution, any trust deed for any trust for which an Australian Borrower is a trustee and (B) acknowledging that the directors are acting for a proper purpose and
acknowledging that the relevant Australian Borrower was solvent and there were reasonable grounds to expect that the relevant Australian Borrower would continue to be solvent after executing and complying with its obligations under such Loan
Documents); 

  
 3 

 (iii) attached thereto is a certificate, as of a recent date, of the good
standing of each Loan Party under the laws of its jurisdiction of organization (or equivalent) (to the extent such concept exists in such jurisdiction) and a certificate of the relevant taxing authorities of such jurisdictions, if available,
certifying that such Person has filed required tax returns and owes no delinquent taxes (to the extent such certificates are issued by a Governmental Authority in such jurisdiction); and 

(iv) in the case of each Australian Borrower, confirming that (x) there will be no Default or contravention of, and
neither is it prohibited by, Chapter 2E or 2J or any other provision (to the extent relevant) of the Australian Corporations Act from entering into and delivering the Loan Documents to which it is a party and the performance of any of its
obligations under those documents, (y) it is solvent and there are no reasonable grounds it will become insolvent by entering into and complying with its obligations under the Loan Documents; 

(c) a favorable written opinion (addressed to the Administrative Agent and the Lenders and dated the date hereof) (i) of
Akerman LLP, counsel for the Borrowers and the Guarantors, in form and substance reasonably satisfactory to the Administrative Agent and covering such matters relating to the Borrowers, the Guarantors, this Agreement, the Amended Credit Agreement or
the Transactions (as defined below) as the Administrative Agent shall reasonably request (and each Borrower and each Guarantor hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent), (ii) of Hughes
Gorski Seedorf Odsen & Tervooren, LLC, Alaska counsel for certain Guarantors, in form and substance reasonably satisfactory to the Administrative Agent and covering such matters relating to such Guarantors as the Administrative Agent shall
reasonably request, (iii) of the in-house General Counsel for the Borrowers and the Guarantors, in form and substance reasonably satisfactory to the Administrative Agent and covering such other matters relating to the Borrowers, the Guarantors,
this Agreement, the Amended Credit Agreement or the Transactions as the Administrative Agent shall reasonably request (and each Borrower and each Guarantor hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative
Agent) and (iv) Allens, Australia counsel to the Australian Borrowers, addressed to the Administrative Agent and the Lenders with respect to matters of Australian law, all in form and substance reasonably satisfactory to the Administrative
Agent; 
 (d) the Administrative Agent shall have received an opinion, dated the date hereof, of Special Counsel, in form and
substance satisfactory to the Administrative Agent (and BNP Paribas hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent); 

  
 4 

 (e) a certificate, dated the date hereof and signed by the President, a Vice
President or a Financial Officer of GEO, providing certifications to the effect that, on and as of the date hereof (including at the Amendment Effective Time), (i) the representations and warranties of each Loan Party set forth in this
Amendment, the Amended Credit Agreement and each of the other Loan Documents are true and correct in all material respects as if made on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a
specific date, as of such specific date), (ii) no Default has occurred and is continuing and (iii) each of the applicable conditions to the Revolving Credit Commitment Increase set forth in Section 2.08(e)(i)(C) of the Existing Credit
Agreement have been satisfied; 
 (f) a certificate, dated the date hereof and signed by a Financial Officer of GEO, to the
effect that, on and as of the Amendment Effective Time, each Borrower and each Australian Borrower, on a consolidated basis with its respective Subsidiaries, is Solvent; 

(g) all documentation and other information required by regulatory authorities under applicable “know your customer”
and AML Laws, including without limitation the USA PATRIOT Act; 
 (h) a completed Federal Emergency Management Agency
Standard Flood Hazard Determination with respect to each property covered by a Mortgage and, if any property covered by a Mortgage is located in a flood hazard area, evidence of flood insurance reasonably satisfactory to the Administrative Agent;

 (i) confirmation that GEO shall have paid (or caused to be paid) to the Administrative Agent, for the account of the
applicable Lenders, all accrued and unpaid interest on all outstanding Revolving Credit Loans and all fees in respect of all Revolving Credit Commitments and outstanding RCF LCs, in each case on and through the date hereof; 

(j) evidence that GEO shall have paid (or caused to be paid) such fees and reimbursements as GEO shall have agreed to pay to
any Lender, the Administrative Agent or BNP Paribas, as sole lead arranger and sole book manager of this Amendment and the Transactions, in connection herewith, including the reasonable fees and expenses of Special Counsel, in connection with
(x) the negotiation, preparation, execution and delivery of this Agreement and the other Loan Documents and (y) the transactions contemplated hereby and thereby; and 

(k) evidence that the applicable prepayments, payments and borrowings described in Section 2.08(e)(iv) of the Existing
Credit Agreement shall occur on the date hereof. 
 Section 7. Representations and Warranties. Each of the Borrowers, the
Australian Borrowers and the Guarantors (collectively, the “Loan Parties”), hereby represents and warrants to the Administrative Agent and the Lenders that: (a) all of the representations and warranties of such Person set forth
in the Loan Documents (including the Amended Credit Agreement) to which it is (or pursuant to this Amendment shall become) a party are true and correct in all material respects on and as of the date hereof; provided that (x) to the
extent that a representation and warranty specifically refers to an earlier date, it is true and correct in all material respects as of such earlier date and (y) any representation and warranty that is qualified as to “materiality”,
“Material Adverse Effect” or similar language is true and correct in all respects on and as of the date of such extension or on such earlier date, as the case may be; and (b) Schedule I hereto sets forth a correct and complete
legal description of each of the GEO HQ, the Lea County Facility and the Delaney Hall Facility. 

  
 5 

 Section 8. Release of Certain Mortgages. Each Lender and each other Secured Party
party hereto and the Loan Parties hereby authorize and instruct the Administrative Agent, upon or following the occurrence of the Amendment Effective Time, to (x) terminate, release and discharge of record each of the Mortgages (and the Liens
thereunder) encumbering the Lea County Facility and the Delaney Hall Facility, (y) make, release or terminate any associated Lien filings and (z) take such other reasonable and customary actions in furtherance of, or to further evidence,
the foregoing as any Loan Party or any Secured Party shall reasonably request in writing, in each case at the Borrowers’ sole cost and expense. 

Section 9. Acknowledgment and Confirmation by Guarantors. Each Guarantor hereby acknowledges and consents to the terms and
conditions of this Amendment (including the Amended Credit Agreement) and the transactions contemplated hereby, including (x) the increase of the Obligations and the Guaranteed Obligations (as defined in the Guaranty Agreement; it being
understood and agreed that the Guaranteed Obligations include all Obligations, including those of the Australian Borrowers) and (y) the addition of the Australian Borrowers as borrowers under the Amended Credit Agreement (collectively, the
“Transactions”). In addition, each Borrower and each Guarantor hereby (a) affirms and confirms its guarantees, pledges, grants of security, assignments and other undertakings under each Loan Document to which it is a party,
including its obligations as an Obligor under (and as defined in) the Guaranty Agreement and its obligations as a Grantor under (and as defined in) each of the Collateral Agreement, and the Assignment Agreement, in each case on a continuous basis
after giving effect to the Transactions, and (b) acknowledges and agrees that (i) each Loan Document to which it is a party shall remain in full force and effect on a continuous basis after giving effect to the Transactions, and
(ii) all guarantees, pledges, grants of security, assignments and other undertakings, rights and obligations thereunder shall remain in full force and effect and shall accrue to the benefit of the Secured Parties, in each case on a continuous
basis after giving effect to the Transactions. 
 Section 10. Continuity of Loan Documents. Each of the parties hereto
acknowledges and agrees that each of the Guaranty Agreement, the Collateral Agreement, the Assignment Agreement and each of the other Loan Documents (including, without limitation, each Mortgage and each other Security Document, but excluding, for
the avoidance of doubt, the Mortgages on the Lea County Facility and the Delaney Hall Facility released in accordance with Section 8) shall remain in full force and effect on a continuous basis and is hereby ratified and confirmed by
each party thereto, and neither this Amendment or the Amended Credit Agreement nor any of the Transactions shall effect or constitute a release or novation of any rights or obligations of any Person. Except as herein expressly provided, the
execution and delivery of this Amendment by the Loan Parties, and the performance of the Amended Credit Agreement by the Borrowers and the Australian Borrowers, in each case shall not constitute or operate as an amendment, waiver or release of any
provision of, or any right, power or remedy of the Administrative Agent, any Lender or any other Secured Party under, any Loan Document, all of which are expressly confirmed and reaffirmed by each Loan Party party thereto. 

Section 11. Further Assurances. Each Loan Party hereby agrees, in addition to any undertakings of such Person in any Loan Document
to which it is a party, to execute and/or deliver any and all further documents, agreements and instruments, and to take all further actions that the Administrative Agent deems reasonably necessary or advisable in connection with this Amendment or
the Transactions to give full force and effect to the acknowledgments, affirmations, confirmations and agreements contemplated hereby or the transactions contemplated thereby. 

Section 12. GOVERNING LAW. THIS CONFIRMATION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE
WITH, THE LAW OF THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 AND SECTION 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REFERENCE TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF. 

  
 6 

 Section 13. Miscellaneous. The provisions set forth in the Amended Credit Agreement
related to costs and expenses, indemnification, counterparts, severability, submission to jurisdiction, waiver of venue, service of process, waiver of jury trial and confidentiality shall apply to, and are hereby incorporated by reference in, this
Amendment as if fully set forth herein, mutatis mutandis. 
 It is acknowledged and agreed that this Amendment is a Loan Document for
all purposes of the Existing Credit Agreement, the Amended Credit Agreement and the other Loan Documents. 
 [Signature Pages
Follow] 

  
 7 

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

					
	 THE GEO GROUP, INC.,
 as
Borrower

		
	By:	 	  /s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Senior Vice President and Chief Financial Officer
	
	 GEO CORRECTIONS HOLDINGS, INC.,

as Borrower

		
	By:	 	  /s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President, Chief Financial Officer

  
 [The GEO Group, Inc.
– Amendment No. 1 to Second Amended and Restated Credit Agreement] 

					
	EXECUTED by GEO Australasia Finance Holdings Pty Ltd as trustee of the GEO Australasia Finance Holding Trust under section 127 of the Corporations Act 2001 (Cth):	 		 	
			
	/s/ George C. Zoley	 		 	/s/ Brian R. Evans
	Signature of director	 		 	Signature of director/company secretary
			
	George C. Zoley	 		 	Brian R. Evans
	Name of director (block letters)	 		 	Name of director/company secretary (block letters)
			
	EXECUTED by GEO Australasia Holdings Pty Ltd under section 127 of the Corporations Act 2001 (Cth):	 		 	
			
	/s/ George C. Zoley	 		 	/s/ Brian R. Evans
	Signature of director	 		 	Signature of director/company secretary
			
	George C. Zoley	 		 	Brian R. Evans
	Name of director (block letters)	 		 	Name of director/company secretary (block letters)

 [The GEO Group, Inc. – Amendment No. 1 to Second Amended and Restated Credit
Agreement] 

 
					
	GUARANTORS:
	
	GEO HOLDINGS I, INC.
		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President
	
	GEO TRANSPORT, INC.
		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President and Treasurer
	
	GEO RE HOLDINGS LLC
		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Senior Vice President and Treasurer
	
	 PUBLIC PROPERTIES DEVELOPMENT
AND LEASING LLC

CORRECTIONAL PROPERTIES PRISON
FINANCE LLC 

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President – Finance
	
	 CPT LIMITED PARTNER, LLC

MUNICIPAL CORRECTIONS FINANCE, L.P.
 GEO ACQUISITION II,
INC. 

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President, Finance

 [The GEO Group, Inc. – Amendment No. 1 to Second Amended and Restated Credit
Agreement] 

 
					
	 CPT OPERATING PARTNERSHIP L.P.

BII HOLDING CORPORATION
 BII HOLDING I
CORPORATION
 BEHAVIORAL HOLDING CORP.
 BEHAVIORAL
ACQUISITION CORP.
 PROTOCOL CRIMINAL JUSTICE, INC.

B.I. INCORPORATED
 BI MOBILE BREATH, INC.

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President Finance
	
	 WBP LEASING, LLC

CORRECTIONAL SYSTEMS, LLC
 CORNELL CORRECTIONS
MANAGEMENT, LLC
 MCF GP, LLC
 GEO MCF LP,
LLC
 GEO OPERATIONS, LLC
 GEO CORRECTIONS AND
DETENTION, LLC
 GEO REENTRY SERVICES, LLC

CORNELL ABRAXAS GROUP OS, LLC
 CORNELL COMPANIES OF
CALIFORNIA OS, LLC
 CORNELL INTERVENTIONS OS, LLC

CORNELL COMPANIES OF TEXAS OS, LLC
 CCG I, LLC

CORRECTIONAL PROPERTIES, LLC 

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	 Vice President, Finance, Chief Financial

Officer and Manager

 [The GEO Group, Inc. – Amendment No. 1 to Second Amended and Restated Credit
Agreement] 

 
					
	 CORNELL CORRECTIONS OF ALASKA, INC.

CORNELL CORRECTIONS OF RHODE ISLAND, INC.
 CORNELL
CORRECTIONS OF CALIFORNIA, INC.
 CORNELL CORRECTIONS OF TEXAS, INC.

CORNELL INTERVENTIONS, INC.
 CORNELL ABRAXAS GROUP,
INC.
 GEO/DEL/R/02, INC.
 GEO INTERNATIONAL
SERVICES, INC.
 GEO/DEL/T/02, INC.
 GEO REENTRY,
INC.
 GEO REENTRY SERVICES OF ALASKA, INC.
 GEO
CC1 INC.
 GEO CC2 INC.
 GEO CC3 INC.

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President, Chief Financial Officer
	
	 CORNELL COMPANIES, INC.

CLEARSTREAM DEVELOPMENT LLC 

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	 Vice President, Finance, Chief Financial

Officer

	
	CORRECTIONAL SERVICES CORPORATION, LLC 
		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	Vice President – Finance and CFO
	
	 HIGHPOINT INVESTMENTS LLC

GEO CARE LLC 

		
	By:	 	/s/ Brian R. Evans
		 	Name:	 	Brian R. Evans
		 	Title:	 	 Vice President, Chief Financial Officer
 and
Manager

 [The GEO Group, Inc. – Amendment No. 1 to Second Amended and Restated Credit
Agreement] 

			
	 BNP PARIBAS,
 as
Administrative Agent, Swingline Lender,
 AUD LC Issuer and RCF LC Issuer

		
	By:	 	/s/ Andrew Shapiro
	Name:	 	Andrew Shapiro
	Title:	 	Managing Director
		
	By:	 	/s/ James McHale
	Name:	 	James McHale
	Title:	 	Managing Director
	
	 BANK OF AMERICA, N.A.,
 as
AUD LC Issuer and RCF LC Issuer

		
	By:	 	/s/ Mark A. Zirkle
	Name:	 	Mark A. Zirkle
	Title:	 	Senior Vice President
	
	 HSBC BANK USA, N.A., 
 as AUD
LC Issuer and RCF LC Issuer

		
	By:	 	/s/ Rafael De Paoli
	Name:	 	Rafael De Paoli
	Title:	 	Senior Vice President
	
	 JPMORGAN CHASE BANK, N.A., 

as RCF LC Issuer

		
	By:	 	/s/ Helen V. Davis
	Name:	 	Helen V. Davis
	Title:	 	Executive Director

 [The GEO Group, Inc. – Amendment No. 1 to Second Amended and Restated Credit
Agreement] 

 Schedule I 

Excluded Real Property 
  

	(i)	Lea County, New Mexico Property 

 Description of Property:

 FOR SURFACE TITLE ONLY: 

A tract of land located in part of the West Half (W1/2) of Section 11, Township 18 South, Range 37 East, being a part of a
tract conveyed to the County of Lea, a political Subdivision of the State of New Mexico as recorded in Book 821, Page 485 of the Lea County Records, and being more particularly described as follows: 

Beginning at a point on the east line of said County tract, from whence the southwest corner of said County tract, which is also the southwest
corner of said Section 11, bears S0°02’42”E, a distance of 2302.95 feet and N89°53’24”W, a distance of 2375.16 feet; 

THENCE N0°02’42”W along the east line of said County tract, a distance of 2281.54 feet to a found  1⁄2” rebar with a plastic cap which is the northeast corner of said County tract and the northeast corner of this survey; 

THENCE N89°52’06”W along the north line of said County tract, a distance of 1290.03 feet to a
 1⁄2” rebar with an aluminum cap for the northwest corner of this survey; 

THENCE S0°02’42”E parallel with the east line of said County tract, a distance of 1720.01 feet to a  1⁄2” rebar with an aluminum cap, which is an angle point on the west line of this survey; 

THENCE S14°22’11”E, a distance of 580.00 feet to a  1⁄2“ rebar with an aluminum cap which is the southwest corner of this survey; 
 THENCE
S89°52’06”E, parallel with the north line of said County tract, a distance of 1146.53 feet to the point of beginning. 
  

	(ii)	Essex County, New Jersey Property 

 Description of Property:
 
 BEGINNING at a point in the Westerly line of Doremus Avenue distant 1,604.05 feet from the intersection of said
Westerly line of Doremus Avenue with the existing Northerly line of Wilson Avenue; thence; 
  

	 	(1)	North 65 degrees 58 minutes 37 seconds West 605.00 feet to a point; thence 

  

	 	(2)	North 24 degrees 01 minutes 23 seconds East 375.00 feet to a point; thence 

  

	 	(3)	South 65 degrees 58 minutes 37 seconds East 605.00 feet to a point in the Westerly line of Doremus Avenue; thence 

 

	 	(4)	Along said Doremus Avenue South 24 degrees 01 minutes 23 seconds West 375.00 feet to a point and place of beginning. 

Being the same premises conveyed to Community Corrections Urban Renewal Corporation by Northern Real Estate Urban Renewal Company, a New Jersey
partnership, by Deed dated May 5, 1999 and recorded May 6, 1999 in Book 5613, Page 0944 In the Essex County Register’s Office. 

 BEING the same premises described in a survey plat by G.C. Stewart Associates, Inc., dated
August 12, 2002 and last revised April 29, 2003, as follows: 
 BEGINNING at a point on the Westerly sideline of Doremus Avenue
(distant 1604.05 feet) Northerly along same from the existing Northerly sideline of Wilson Avenue. 
 Thence (1) running along the
Northerly line of lands n/f Dockside Urban Renewal (Lot 2) North 65 degrees 52 minutes 11 seconds West, 605.00 feet to a point on the corner of said Lot 2; 

Thence (2) running along the Easterly line of said Lot 2 and along the easterly line of lands of n/f Haefell Urban Renewal
(Lot 153.02) North 24 degrees 07 minutes 49 seconds East 375.00 feet to a point on the Southerly line of lands of Haefell Community Energy (Lot 153.01); 

Thence (3) running along the Southerly line of said Lot 153.01 South 65 degrees 52 minutes 11 seconds East, 605.00
feet to a point on the Westerly sideline of Doremus Avenue; 
 Thence (4) running along the Westerly sideline of Doremus Avenue
South 24 degrees 07 minutes 49 seconds West 375.00 feet to the POINT AND PLACE OF BEGINNING. 
 NOTE: FOR INFORMATION
ONLY: Being Lot(s) 154, Block(s) 5060; Tax Map of the City of Newark, County of Essex, State of New Jersey 
  

	(iii)	GEO Group, Inc. Headquarters Property 

 Description of
Property: 
 North Unit of BOCA VILLAGE CORPORATE CENTER II, A CONDOMINIUM according to the Declaration of
Condominium thereof, recorded in Official Records Book 21986, Page 0013, as amended by First Amendment to Declaration of Condominium of Boca Village Corporate Center II, a Condominium, recorded in Official Records Book 22323, Page 1674, as amended
by Second Amendment to Declaration of Condominium of Boca Village Corporate Center II, a Condominium, recorded in Official Records Book 24137, Page 1381, as amended by Third Amendment to Declaration of Condominium of Boca Village Corporate Center
II, a Condominium, recorded in Official Records Book 24814, Page 1205, all of the Public Records of Palm Beach County, Florida, together with its undivided share in the common elements. 

 Exhibit A 

Amendments to Credit Agreement 

(See attached.)  

 EXECUTION VERSION 

 
  

SECOND AMENDED AND RESTATED CREDIT AGREEMENT1 
 dated as of 

August 27, 2014 

(
as amended on May 19, 2016 pursuant to the Third Amendment referred to
herein) 

among 
 THE GEO GROUP, INC. 

and 
 GEO CORRECTIONS HOLDINGS,
INC., 
 as Borrowers, 

the Australian Borrowers referred to herein, 

the Lenders referred to herein 

and 
 BNP PARIBAS, 

as Administrative Agent 
  

 
 BNP PARIBAS SECURITIES CORP., 

as Lead Arranger 
 BANK OF AMERICA,
N.A., BARCLAYS BANK PLC, SUNTRUST BANK and  
 JPMORGAN CHASE
BANK, N.A., SUNTRUST BANK and  
 WELLS FARGO CAPITAL
FINANCESECURITIES, LLC, 

as Co-Syndication Agents 
  

 

	1 	Conformed to reflect Amendment No. 1 to Second Amended and Restated Credit Agreement dated as of May 19, 2016. 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I DEFINITIONS
	  	 	1	  
	 Section 1.01
	 	Defined Terms	  	 	1	  
	 Section 1.02
	 	Classification of Loans and Borrowings	  	 	2936	  
	 Section 1.03
	 	Terms Generally	  	 	2936	  
	 Section 1.04
	 	Accounting Terms; GAAP	  	 	3036	  
	 Section 1.05
	 	Currencies; Currency Equivalents	  	 	3036	  
	 Section 1.06
	 	Change in Currency	  	 	37	  
	 Section 1.07
	 	Letter of Credit Amounts	  	 	38	  
	 Section 1.08
	 	Australian Terms	  	 	38	  
	 Section 1.09
	 	Australian Code of Banking Practice	  	 	38	  
		
	 ARTICLE II THE CREDITS
	  	 	3038	  
	 Section 2.01
	 	The Commitments; Loans	  	 	3038	  
	 Section 2.02
	 	Loans and Borrowings	  	 	3240	  
	 Section 2.03
	 	Requests for Syndicated Borrowings	  	 	3341	  
	 Section 2.04
	 	Swingline Loans	  	 	3442	  
	 Section 2.05
	 	Letters of Credit	  	 	3543	  
	 Section 2.06
	 	Funding of Borrowings	  	 	4453	  
	 Section 2.07
	 	Interest Elections	  	 	4455	  
	 Section 2.08
	 	Termination and Reduction of Commitments; Increase of Revolving Credit Commitments 45; Increase of Multicurrency Subfacility Commitments	  	 	56	  
	 Section 2.09
	 	Repayment of Loans; Evidence of Debt	  	 	4860	  
	 Section 2.10
	 	Prepayment of Loans	  	 	4962	  
	 Section 2.11
	 	Fees	  	 	5366	  
	 Section 2.12
	 	Interest	  	 	5468	  
	 Section 2.13
	 	Increased Costs	  	 	5670	  
	 Section 2.14
	 	Break Funding Payments	  	 	5872	  
	 Section 2.15
	 	Taxes	  	 	5872	  
	 Section 2.16
	 	Payments Generally; Pro Rata Treatment; Sharing of Setoffs	  	 	6075	  
	 Section 2.17
	 	Mitigation Obligations; Replacement of Lenders	  	 	6277	  
	 Section 2.18
	 	Defaulting Lenders	  	 	6478	  
	 Section 2.19
	 	Illegality	  	 	6681	  
	 Section 2.20
	 	GEO as Borrowers’ and Australian Borrowers’ Representative	  	 	6682	  
	 Section 2.21
	 	Joint and Several Obligations	  	 	6682	  
		
	 ARTICLE III REPRESENTATIONS AND WARRANTIES
	  	 	6884	  
	 Section 3.01
	 	Organization; Powers and Qualifications	  	 	6884	  
	 Section 3.02
	 	Authorization; Enforceability	  	 	6884	  
	 Section 3.03
	 	Governmental Approvals; No Conflicts	  	 	6885	  
	 Section 3.04
	 	Financial Condition; No Material Adverse Change	  	 	6985	  
	 Section 3.05
	 	Properties	  	 	6985	  
	 Section 3.06
	 	Litigation	  	 	6985	  
	 Section 3.07
	 	Environmental Matters	  	 	7086	  
	 Section 3.08
	 	Compliance with Laws and Agreements; No Defaults	  	 	7086	  
	 Section 3.09
	 	Government Regulation	  	 	7086	  
	 Section 3.10
	 	Tax Returns and Payments	  	 	7086	  

							
	 Section 3.11
	 	ERISA	  	 	7086	  
	 Section 3.12
	 	Disclosure	  	 	7086	  
	 Section 3.13
	 	Margin Stock	  	 	7187	  
	 Section 3.14
	 	Agreements and Liens	  	 	7187	  
	 Section 3.15
	 	Material Contracts	  	 	7187	  
	 Section 3.16
	 	Subsidiaries and Investments	  	 	7187	  
	 Section 3.17
	 	Real Property	  	 	7288	  
	 Section 3.18
	 	Solvency	  	 	7288	  
	 Section 3.19
	 	Employee Relations	  	 	7288	  
	 Section 3.20
	 	Burdensome Provisions	  	 	7288	  
	 Section 3.21
	 	REIT Status	  	 	7288	  
	 Section 3.22
	 	Anti-Terrorism Laws and Sanctions; AML Laws; Anti-Corruption Laws	  	 	7288	  
	 Section 3.23
	 	EEA Financial Institution	  	 	89	  
	 Section 3.24
	 	Governing Law and Enforcement	  	 	89	  
	 Section 3.25
	 	Trustee	  	 	89	  
	 Section 3.26
	 	Representations Concerning the Australian Trustee	  	 	89	  
		
	 ARTICLE IV CONDITIONS
	  	 	7290	  
	 Section 4.01
	 	Second Restatement Effective Date	  	 	7390	  
	 Section 4.02
	 	Each Extension of Credit	  	 	7593	  
		
	 ARTICLE V AFFIRMATIVE COVENANTS
	  	 	7693	  
	 Section 5.01
	 	Financial Statements and Other Information	  	 	7694	  
	 Section 5.02
	 	Notices of Material Events	  	 	7795	  
	 Section 5.03
	 	Existence; Conduct of Business	  	 	7896	  
	 Section 5.04
	 	Payment of Obligations	  	 	7896	  
	 Section 5.05
	 	Maintenance of Properties; Insurance	  	 	7896	  
	 Section 5.06
	 	Books and Records; Inspection Rights	  	 	7997	  
	 Section 5.07
	 	Compliance with Laws	  	 	7997	  
	 Section 5.08
	 	Use of Proceeds and Letters of Credit	  	 	7997	  
	 Section 5.09
	 	Additional Subsidiaries; Restricted and Unrestricted Subsidiaries	  	 	7998	  
	 Section 5.10
	 	New Real Property Collateral	  	 	8099	  
	 Section 5.11
	 	Further Assurances; Post-ClosingCertain Real Estate Deliverables	  	 	82101	  
	 Section 5.12
	 	Fiscal Year	  	 	84103	  
	 Section 5.13
	 	The Australian Trust.	  	 	103	  
		
	 ARTICLE VI NEGATIVE COVENANTS
	  	 	84103	  
	 Section 6.01
	 	Indebtedness	  	 	84103	  
	 Section 6.02
	 	Liens	  	 	85105	  
	 Section 6.03
	 	Fundamental Changes	  	 	86105	  
	 Section 6.04
	 	Investments	  	 	88107	  
	 Section 6.05
	 	Restricted Payments	  	 	89109	  
	 Section 6.06
	 	Transactions with Affiliates	  	 	91111	  
	 Section 6.07
	 	Restrictive Agreements	  	 	91111	  
	 Section 6.08
	 	Modifications of Certain Documents	  	 	91111	  
	 Section 6.09
	 	Certain Financial Covenants	  	 	92111	  
	 Section 6.10
	 	Limitations on Exchange and Issuance of Equity Interests	  	 	92112	  
	 Section 6.11
	 	Nature of Business	  	 	92112	  
	 Section 6.12
	 	Impairment of Security Interest	  	 	92112	  
	 Section 6.13
	 	Payments and Prepayments of Certain Debt	  	 	92112	  
	 Section 6.14
	 	Australian Trustee.	  	 	113	  

							
	 ARTICLE VII EVENTS OF DEFAULT
	  	 	93114	  
	 Section 7.01
	 	Events of Default	  	 	93114	  
	 Section 7.02
	 	Application of Payments	  	 	95117	  
		
	 ARTICLE VIII AGENCY
	  	 	96118	  
	 Section 8.01
	 	Administrative Agent	  	 	96118	  
	 Section 8.02
	 	Hedge Counterparties and Cash Management Banks	  	 	121	  
	 Section
8.028.03
	 	Lead Arranger; Co-Syndication Agents	  	 	99121	  
		
	 ARTICLE IX MISCELLANEOUS
	  	 	99121	  
	 Section 9.01
	 	Notices	  	 	99121	  
	 Section 9.02
	 	Waivers; Amendments	  	 	102125	  
	 Section 9.03
	 	Expenses; Indemnity; Damage Waiver	  	 	104127	  
	 Section 9.04
	 	Successors and Assigns	  	 	105128	  
	 Section 9.05
	 	Survival	  	 	110133	  
	 Section 9.06
	 	Counterparts; Integration; Effectiveness; Lender Addendum	  	 	110133	  
	 Section 9.07
	 	Severability	  	 	110133	  
	 Section 9.08
	 	Right of Setoff	  	 	111134	  
	 Section 9.09
	 	Governing Law; Jurisdiction; Etc	  	 	111134	  
	 Section 9.10
	 	WAIVER OF JURY TRIAL	  	 	112135	  
	 Section 9.11
	 	Headings	  	 	112135	  
	 Section 9.12
	 	Treatment of Certain Information; Confidentiality	  	 	112135	  
	 Section 9.13
	 	USA PATRIOT Act	  	 	113136	  
	 Section 9.14
	 	Interest Rate Limitation	  	 	113136	  
	 Section 9.15
	 	Judgment Currency	  	 	113136	  
	 Section 9.16
	 	Effect of Amendment and Restatement	  	 	114137	  
	 Section 9.17
	 	Special Waiver	  	 	114137	  
	 Section 9.18
	 	Acknowledgement and Consent to Bail-In of EEA Financial Institutions	  	 	137	  

  

					
	SCHEDULE I	  	–	  	Disclosure Supplement
			
	EXHIBIT A-1	  	–	  	Form of Term Loan Note
	EXHIBIT A-2	  	–	  	Form of Revolving Credit Loan Note
	EXHIBIT A-3	  	–	  	Form of Multicurrency Subfacility Loan Note
	EXHIBIT B	  	–	  	Form of Assignment and Assumption
	EXHIBIT C	  	–	  	Form of Joinder Agreement
	EXHIBIT D	  	–	  	Form of Lender Addendum
	EXHIBIT E	  	–	  	Form of Competitive Bid Offer

 SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) dated as of
August 27, 2014, among THE GEO GROUP, INC., a Florida corporation (“GEO”), GEO CORRECTIONS HOLDINGS, INC., a Florida corporation (“Corrections” and, together with GEO, the “Borrowers”), the
Lenders referred to herein and BNP PARIBAS, as administrative agent for such Lenders (in such capacity, the “Administrative Agent”). 

WHEREAS, GEO, BNP Paribas, as administrative agent, and certain other parties entered into an Amended and Restated Credit Agreement dated as
of the First Restatement Effective Date (as amended, supplemented or otherwise modified to, and as in effect immediately before giving effect to, the amendment and restatement thereof contemplated hereby to occur on and as of the Second
Restatement Effective Date, the “Existing Credit Agreement”); 
 WHEREAS, the Borrowers have requested that the
Lenders and the Administrative Agent, as applicable, agree to amend and restate the Existing Credit Agreement in its entirety pursuant to this Agreement, and the requisite Lenders and the Administrative Agent are willing to do so, on the terms and
subject to the conditions contained herein; 
 WHEREAS, BNP Paribas and the other Lenders party hereto constitute the Administrative Agent,
all of the Revolving Credit Lenders and the Required Lenders under (and each as defined in) the Existing Credit Agreement immediately prior to the Second Restatement Effective Date (after giving effect to any assignments of Loans and
Commitments to be consummated on such date, including pursuant to Section 2.17(b) of the Existing Credit Agreement immediately following the execution hereof by the Required Lenders of the Revolving Credit Loans under (and each as
defined in) the Existing Credit Agreement) for purposes of Section 9.02 of the Existing Credit Agreement and have consented to such amendment and restatement of the Existing Credit Agreement; 

WHEREAS, in connection with this Agreement and the amendment and restatement referred to above, GEO has requested the establishment hereunder
of the Australian LC Facility Commitments in an original aggregate principal amount of A$225,000,000 for the purposes permitted hereunder; and 

WHEREAS, the applicable Lenders, the AUD LC Issuer and the Administrative Agent have agreed to establish the Australian LC Facility
Commitments on the terms and subject to the conditions set forth herein. 
 NOW, THEREFORE, for good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged by the parties hereto, such parties hereby agree that the Existing Credit Agreement shall, upon the satisfaction of the conditions precedent specified in Section 4.01 on the Second
Restatement Effective Date, be amended and restated in its entirety to read as follows: 
 ARTICLE I 

DEFINITIONS 
 Section 1.01
Defined Terms. As used in this Agreement, the following terms have the meanings specified below: 
 “2021 Notes”
means the senior unsecured notes due 2021 issued by GEO in an aggregate principal amount of $300,000,000. 

“ABR”, when used in reference to any Loan or
Borrowing denominated in Dollars, refers to whether such Loan, or the Loans comprising such Borrowing, bear interest at a rate determined by reference to the Alternate Base Rate.

 “Adjusted BBSW Rate” means,
for the Interest Period for any Eurodollar Borrowing denominated in Australian Dollars, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1%) equal to (a) the BBSW Rate for such Interest Period multiplied
by (b) the Statutory Reserve Rate for such Interest Period. 
 “Adjusted EBITDA” means, for any period,
(a) EBITDA for such period minus (b) the amount, if a positive number, by which the amount of such EBITDA attributable to Unrestricted Subsidiaries and,
Ravenhall Project Subsidiaries or Other Consolidated Persons (including any public-private partnership of GEO or its Subsidiaries that is an Other Consolidated Person)
minus Non-Recourse Debt Service of the Unrestricted Subsidiaries and the, Ravenhall Project Subsidiaries or Other Consolidated Persons
(including any public-private partnership of GEO or its Subsidiaries that is an Other Consolidated Person) exceeds 20% of such EBITDA. 

“Adjusted LIBO Rate” means, for the Interest Period for any Eurodollar
Borrowing denominated in Dollars or an Agreed Foreign Currency (other than Australian Dollars), an interest rate per annum (rounded upwards, if necessary, to the next 1/100
of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period. 

“Administrative Agent” has the meaning assigned thereto in the Preamble hereof. 

“Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent. 

“Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Agreed Foreign
Currency” means, (i) in respect of any RCF LC requested to be issued by anany RCF LC
Issuer, any of Euros, Sterling, Australian Dollars, South African Rand and any other Foreign Currency approved by
suchthe applicable RCF LC Issuer (each of whom agrees not to withhold such approval unreasonably)
but, and (ii) in respect of any Borrowing of Multicurrency Subfacility Loans, any of Euros, Sterling and Australian Dollars, but, in each case under clauses (i) and
(ii), only if at such time (a) such Foreign Currency is freely transferable and convertible into Dollars in the London foreign exchange market and (b) no central bank or other governmental authorization in the country of issue of
such Foreign Currency (including, in the case of Euros, any authorization by the European Central Bank) is required to permit use of such Foreign Currency by any LenderRCF
LC Issuer for issuing any RCF LC or by any Lender for participating in any RCF LC Exposure or making any
Multicurrency Subfacility Loan hereunder, unless such authorization has been obtained and is in full force and effect. 

“Agreement” has the meaning assigned thereto in the Preamble hereof. 

“Alternate Base Rate” means, for any day, for any Borrowing, a rate per annum equal to the greater of (a) the Prime Rate
in effect on such day, (b) the Federal Funds Effective Rate for such day plus 1/2 of 1% and (c) the Adjusted LIBO Rate that would apply to a Eurodollar Borrowing of the same Class as such Borrowing with an Interest Period
of one month starting on the second Business Day following such day, plus 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate shall be effective from and
including the effective date of such change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate, as the case may be. 

  
 2 

 “AML Laws” means all laws, rules, and regulations of any jurisdiction applicable
to any Lender or GEO or any of its Subsidiaries from time to time concerning or relating to anti-money laundering. 

“Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to GEO or any of its
Subsidiaries from time to time concerning or relating to bribery or corruption. 
 “Applicable Competitive AUD LC Rate” has
the meaning assigned thereto in Section 2.05(l)(iv). 
 “Applicable Percentage” means (a) with respect to
any Revolving Credit Lender for purposes of (x) Section 2.04 or Section 2.05, the percentage
of the total Available Revolving Credit Commitments represented by such Revolving Credit Lender’s Available Revolving Credit Commitment, or (y) in respect of any
indemnity claim under Section 9.03(c) arising out of an action or omission of any Swingline Lender or any RCF LC Issuer under this Agreement, the percentage of the total Revolving Credit Commitments represented by such Revolving Credit
Lender’s Revolving Credit Commitment, (b) with respect to any Australian LC Facility Lender for purposes of Section 2.05 or in respect of any indemnity claim under Section 9.03(c) arising out of an action or
omission of any AUD LC Issuer under this Agreement, the percentage of the total AUD LC Exposure represented by such Lender’s Australian LC Facility Commitment, and (c) with respect to any Lender in respect of any indemnity claim under
Section 9.03(c) arising out of an action or omission of the Administrative Agent under this Agreement, the percentage of the total Commitments or Loans of all Classes hereunder
(other than Multicurrency Subfacility Commitments) represented by the aggregate amount of such Lender’s Commitments or Loans of all Classes
hereunder (other than Multicurrency Subfacility Commitments); provided that in the case of Section 2.18 when a Defaulting Lender shall exist, “Applicable
Percentage” shall mean the percentage of the total Commitments (disregarding any Defaulting Lender’s Commitment) represented by such Lender’s Commitment. If the Revolving Credit Commitments have expired or been terminated, the
Applicable Percentages shall be determined based upon the Revolving Credit Commitments most recently in effect, giving effect to any assignments. 

“Applicable Period” has the meaning assigned thereto in Section 2.10(b)(ii). 

“Applicable Rate” means, (a) for Term Loans, (i) 2.50% per annum in the case of Eurodollar Loans and
(ii) 1.50% in the case of ABR Loans, (b) for Incremental Term Loans of any Series, such rate or rates of interest as shall be agreed upon at the time the Incremental Term Loan Commitments of such Series are established, and (c) for
Revolving Credit Loans, Multicurrency Subfacility Loans and commitment fees, the applicable rate per annum set forth below, based upon the Total Leverage Ratio as of the most recent
determination date: 
  

									
	 Category
	  	 Total 
Leverage Ratio
	  	ABR 
Applicable Rate	  	Eurodollar
Applicable Rate	  	Commitment
Fee Rate
	1	  	>5.005.50 to 1.00	  	1.50%	  	2.50%	  	0.30%
	2	  	>4.004.50 to 1.00 and <5.005.50
to 1.00	  	1.25%	  	2.25%	  	0.30%
	3	  	>3.003.50 to 1.00 and <4.004.50
to 1.00	  	1.00%	  	2.00%	  	0.30%
	4	  	>2.002.50 to 1.00 and <3.003.50 to
1.00	  	0.75%	  	1.75%	  	0.30%
	5	  	<2.002.50 to 1.00	  	0.50%	  	1.50%	  	0.25%

 For purposes of the foregoing, (i) the Total Leverage Ratio shall be determined as of the end of each
fiscal quarter of GEO (starting with its fiscal quarter ending on June 30, 2013) based upon GEO’s consolidated financial statements delivered pursuant to Section 5.01(a) or (b) (or Section 5.01(a) or
(b) of the Existing Credit Agreement, until such financial statements are first delivered hereunder), as 

  
 3 

 
applicable, and (ii) each change in the Applicable Rate resulting from a change in the Total Leverage Ratio shall be effective during the period commencing on and including the date 10
Business Days after delivery to the Administrative Agent of such consolidated financial statements indicating such change and ending on the date immediately preceding the effective date of the next such change; provided that the Total
Leverage Ratio shall be deemed to be in Category 1 (A) at any time that an Event of Default has occurred and is continuing and (B) if GEO fails to deliver the consolidated financial statements required to be delivered by it pursuant to
Section 5.01(a) or (b), as applicable, during the period from the expiration of the time for delivery thereof until such consolidated financial statements are delivered. 

Notwithstanding anything to the contrary contained in this definition, the determination of the Applicable Rate for any period shall be
subject to the provisions of Section 2.12(f). 
 “Approved Fund” means any Fund that is administered or managed
by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 

“Assignment Agreement” has the meaning assigned thereto in the Collateral Agreement. 

“Assignment and Assumption” means an Assignment and Assumption entered into by a Lender and an assignee (with the consent of
any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in substantially the form of Exhibit B or any other form approved by the Administrative Agent. 

“Assuming Lender” has the meaning assigned thereto in Section 2.08(e)(i). 

“Auction” has the meaning assigned thereto in Section 9.04(b). 

“Auction Manager” means (a) the Administrative Agent in its capacity as Auction Manager or (b) any other financial
institution or advisor agreed by GEO and the Administrative Agent (whether or not an affiliate of Administrative Agent) to act as an arranger in connection with any purchases pursuant to Section 9.04(b). 

“AUD Collateral Account” has the meaning assigned thereto in Section 2.05(k). 

“AUD FLOC” means any financial letter of credit issued by any AUD LC Issuer pursuant to this Agreement. 

“AUD FLOC Maturity Date” means May 1, 2017. 

“AUD LC” means any AUD FLOC or an AUD PLOC. 

“AUD LC Availability Period” means, (a) with respect to any AUD FLOC, the period from and including the Second
Restatement Effective Date to but excluding the earlier of the fifth Business Day prior to the AUD FLOC Maturity Date and the date of termination of the Australian LC Facility Commitments, and (b) with respect
to any AUD PLOC, the period from and including the Second Restatement Effective Date to but excluding the earlier of the fifth Business Day prior to the AUD PLOC
Maturity Date and the date of termination of the Australian LC Facility Commitments, and (b) with respect to any AUD FLOC, the period from and including the Second Restatement Effective Date to but excluding the earlier of the fifth
Business Day prior to the Australian LC Facility Termination Date and the date of termination of the Australian LC Facility Commitments. 

“AUD LC Disbursement” means a payment made by an AUD LC Issuer pursuant to an AUD LC. 

  
 4 

 “AUD LC Exposure” means, at any time, the sum of (a) the aggregate undrawn
amount of all outstanding AUD LCs at such time plus (b) the aggregate amount of all AUD LC Disbursements that have not yet been reimbursed by or on behalf of GEO at such time. The AUD LC Exposure of any Lender at any time shall be its
Applicable Percentage of the total AUD LC Exposure at such time. 
 “AUD LC Issuer” means (i) BNP Paribas,
(ii) Bank of America, N.A., (iii) HSBC Bank USA, N.A. or (iv) any Australian LC Facility Lender selected by GEO that is reasonably acceptable to the Administrative Agent and consents to be an “AUD LC Issuer” hereunder, and
their successors in such capacity as provided in Section 2.05(j). An AUD LC Issuer may, in its discretion and, solely as to Affiliates, with GEO’s consent (which
consent shall not be unreasonably withheld or conditioned, and shall be given if such Affiliate is acceptable to the beneficiary of the relevant AUD LC), arrange for one or more AUD LCs to be issued by
branches or Affiliates of such AUD LC Issuer, in which case the term “AUD LC Issuer” shall include any such
branch or Affiliate with respect to AUD LCs issued by such branch or Affiliate. Each reference herein to “the
AUD LC Issuer” shall refer to the respective AUD LC Issuer of an AUD LC. 
 “AUD LC Request” has the meaning assigned thereto
in Section 2.05(b)(iii). 
 “AUD LC Request
Time” has the meaning assigned thereto in Section 2.05(b)(iii). 

“AUD PLOC” means any performance letter of credit issued by any AUD LC Issuer pursuant to this Agreement. 

“AUD PLOC Maturity Date” means October 1, 2016.  

“AUD Rate” means, for any day, the reserve-adjusted 1-month Australian Bank Bill Swap Benchmark Rate
(as determined by the Administrative Agent) or such alternative reference rate as may be agreed by the Administrative Agent, the AUD LC Issuer and GEO1-month
Adjusted BBSW Rate, for such day. 
 “Australia” means the
Commonwealth of Australia (and “Australian” shall be construed accordingly). 

“Australian Borrower” means each of GEO Australasia Holdings Pty Ltd. and
the Australian Trustee. 
 “Australian Borrower Resignation
Date” has the meaning assigned thereto in Section 5.09(d).  

“Australian Corporations Act” means the Australian Corporations Act 2001
(Cth). 
 “Australian Dollars” or “A$” refers to the lawful currency of Australia. 

“Australian LC Facility Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to acquire
participations in AUD LCs hereunder (subject to Section 2.05(l)), expressed as an amount representing the maximum aggregate amount of such Lender’s AUD LC Exposure hereunder, as such commitment may be (a) reduced or increased 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 pursuant to Section 9.04. The aggregate amount of the Lenders’ Australian LC Facility
Commitments as of each of the Second Restatement Date and the Third Amendment Effective Date is A$225,000,000. 

  
 5 

 “Australian LC Facility Fee Rate” means the applicable rate per annum set forth
below, based upon the Total Leverage Ratio as of the most recent determination date: 
  

					
	 Category
	  	 Total 
Leverage Ratio
	  	 Australian LC
Facility Fee Rate

	1	  	>5.005.50 to 1.00	  	0.25%
	2	  	>4.004.50 to 1.00 and <5.005.50
to 1.00	  	0.25%
	3	  	>3.003.50 to 1.00 and <4.004.50
to 1.00	  	0.25%
	4	  	>2.002.50 to 1.00 and <3.003.50 to
1.00	  	0.25%
	5	  	<2.002.50 to 1.00	  	0.20%

 For purposes of the foregoing, (i) the Total Leverage Ratio shall be determined as of the end of each
fiscal quarter of GEO based upon GEO’s consolidated financial statements delivered pursuant to Section 5.01(a) or (b), as applicable, and (ii) each change in the Australian LC Facility Fee Rate resulting from a
change in the Total Leverage Ratio shall be effective during the period commencing on and including the date 10 Business Days after delivery to the Administrative Agent of such consolidated financial statements indicating such change and ending on
the date immediately preceding the effective date of the next such change; provided that the Total Leverage Ratio shall be deemed to be in Category 1 (A) at any time that an Event of Default has occurred and is continuing and (B) if
GEO fails to deliver the consolidated financial statements required to be delivered by it pursuant to Section 5.01(a) or (b), as applicable, during the period from the expiration of the time for delivery thereof until such
consolidated financial statements are delivered. 
 Notwithstanding anything to the contrary contained in this definition, the determination
of the Australian LC Facility Fee Rate for any period shall be subject to the provisions of Section 2.12(f). 

“Australian LC Facility Lender” means a Lender with an Australian LC Facility Commitment or, if the Australian LC Facility
Commitments have expired or been terminated, a Lender with AUD LC Exposure. 
 “Australian LC Facility Termination Date”
means the third anniversary of the Second Restatement Effective DateFebruary 15, 2017. 

“Australian Trust” means GEO Australasia Finance Holding Trust.

 “Australian Trustee” means GEO Australasia Finance Holdings Pty
Ltd., a direct wholly owned Subsidiary of GEO, in its capacity as trustee for the Australian Trust. 

“Australian Trust Instrument” means the document entitled GEO Australasia
Finance Holding Trust Trust Deed dated April 5, 2016 pursuant to which the Australian Trustee is appointed as trustee of the Australian Trust. 

“Auto-Extension RCF LC” has the meaning assigned thereto in
Section 2.05(b)(ii). 

“Available Revolving Credit Commitment” means, with respect to any Lender
at any time, (a) such Lender’s Revolving Credit Commitment at such time, minus (b) such Lender’s Revolving Credit Exposure at such time, minus (c) the outstanding principal amount of such Lender’s Multicurrency
Subfacility Loans at such time.  
 “Bail-In Action” means the
exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. 

  
 6 

 “Bail-In Legislation” means,
with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the
EU Bail-In Legislation Schedule. 
 “Bank Parent” means, with respect to any Lender, any Person of which such
Lender is, directly or indirectly, a Subsidiary. 
 “Bankruptcy Event” means, with respect to any Person, such Person
becomes the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors, liquidator,
administrative receiver, administrator, compulsory administrator, provisional liquidator, receiver and manager, controller (in the case of appointments under Australian law, as defined in the Australian Corporations Act) or similar Person
charged with the reorganization or liquidation of its business appointed for it, or, in the good faith determination of the Administrative Agent, has taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in,
any such proceeding or appointment. 
 “BBSW Rate” means, for the
Interest Period for any Eurodollar Borrowing denominated in Australian Dollars, the rate appearing on the Screen at approximately 11:00 a.m., Sydney time, two Business Days prior to the commencement of such Interest Period, as the
Australian Bank Bill Swap Benchmark Rate for deposits denominated in Australian Dollars with a maturity comparable to such Interest Period. If such rate is not available on the Screen at
such time for any reason, then the BBSW Rate for such Interest Period shall be the rate at which Australian Dollar deposits in the amount of A$5,000,000 for a maturity comparable to such Interest Period are offered by the principal Sydney office of
the Administrative Agent in the Australian interbank market to first class banks at approximately 11:00 a.m., Sydney time, two Business Days prior to the commencement of such Interest Period. If the BBSW Rate for any Interest Period for any
Eurodollar Borrowing as determined above in this definition would otherwise be less than zero, then such BBSW Rate shall instead be zero.  

“Board” means the Board of Governors of the Federal Reserve System of the United States of America. 

“Borrower Materials” has the meaning assigned thereto in Section 9.01(d). 

“Borrowers” has the meaning assigned thereto in the Preamble
hereof. For the avoidance of doubt the term “Borrowers” as used in this Agreement and the other Loan Documents shall not include the Australian Borrowers. 

“Borrowing” means (a) all Syndicated ABR Loans of the same Class, (b) all Eurodollar Loans of the same Class
and Currency that have the same Interest Period or (c) a Swingline Loan. 

“Borrowing Request” means a request by GEO for a Syndicated Borrowing in accordance with Section 2.03. 

“Business Day” means any day (a) 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 and, (b) if such day relates to a borrowing, a continuation or conversion of or into, or the Interest Period
for, a Eurodollar Borrowing for which interest is determined by reference to the Adjusted LIBO Rate, or to a notice by a Borrower with respect to any such borrowing, payment,
prepayment, continuation, conversion, or Interest Period, that is also a day on which dealings in Dollar deposits denominated in the Currency of such Borrowing are
carried out in the London interbank market., and (c) if such day relates to an  

  
 7 

 
issuance, borrowing or continuation of, a payment or prepayment of principal of or interest on, or the Interest Period for, as applicable,
any Borrowing or Letter of Credit denominated in any Agreed Foreign Currency, or to a notice by a Borrower or an Australian Borrower with respect to any such issuance, borrowing, continuation, payment, prepayment or Interest Period, that is also a
day (x) on which commercial banks settle payments in the Principal Financial Center for such Agreed Foreign Currency and (y) that is not a legal holiday or a day on which banking institutions are authorized or required by law or other
government action to remain closed in such Principal Financial Center. 
 “Capital Asset” means any asset that
should, in accordance with GAAP, be classified and accounted for as a capital asset on a consolidated balance sheet of GEO, its Subsidiaries and the Other Consolidated Persons. 

“Capital Lease” means any lease of any property by GEO, any of its Subsidiaries or any Other Consolidated Person, as lessee,
that should, in accordance with GAAP, be classified and accounted for as a capital lease on a consolidated balance sheet of GEO, its Subsidiaries and the Other Consolidated Persons. 

“Cash Management Bank” has the meaning assigned thereto in the definition
of “Cash Management Obligations” in this Section 1.01. 

“Cash Management Obligations” shall mean the monetary obligations owed by
GEO or any Restricted Subsidiary to any Person that is a Lender, the Administrative Agent, a Co-Syndication Agent or any Affiliate of any of the foregoing at the time such arrangements were entered into (solely in such capacity and with respect to
such obligations, a “Cash Management Bank”) in respect of any overdraft and related liabilities arising from treasury, depository, credit card, debit card, purchase card and cash management services or any automated clearing house
transfers of funds, in each case, to the extent designated by GEO and such Person as “Cash Management Obligations” in writing to the Administrative Agent; provided that no Person shall constitute a “Cash Management Bank”
(x) unless such Person shall have delivered to the Administrative Agent and GEO a written consent of such Person (in its capacity as a Cash Management Bank) to the termination of all Security Documents and the release of all Liens thereunder
upon the occurrence of the Release Date (as defined in the Guaranty Agreement) or (y) if at the time the relevant arrangements were entered into such person was a Defaulting Lender or an Affiliate of a Defaulting Lender and the monetary
obligations owed pursuant to such arrangements shall not constitute a “Cash Management Obligations”.  
 “Casualty
Event” means, with respect to any property of any Person, any loss of or damage to, or any condemnation or other taking of, such property for which such Person receives insurance proceeds, or proceeds of a condemnation award or other
compensation. 
 “Charges” has the meaning assigned thereto in Section 9.14. 

“Change in Control” means: (a) the acquisition of ownership, directly or indirectly, beneficially or of record, by any
Person or group (within the meaning of the Securities Exchange Act of 1934 and the rules of the Securities and Exchange Commission thereunder as in effect on the date hereof), of shares representing more than 40% of the aggregate ordinary voting
power represented by the issued and outstanding capital stock of GEO; (b) the occupation of a majority of the seats (other than vacant seats) on the board of directors of GEO over a period of shorter than or equal to 24 months by Persons
who were neither (i) nominated by the board of directors of GEO nor (ii) appointed by directors so nominated; (c) the occurrence of any “change in control” as defined in any Senior Note Indenture evidencing Indebtedness in
excess of $50,000,000 in outstanding principal amount and obligating GEO (at the option 

  
 8 

 
of one or more holders of such Indebtedness or otherwise) to repurchase, redeem or repay all or any part of such Indebtedness; or (d) except to the extent GEO merges
with and into Corrections (subject to the provisions of Section 6.03(a) hereof), the failure of GEO at any time to either (x) own, directly or indirectly (through one or more wholly-owned Guarantors), 100% of the issued and
outstanding Equity Interests in or (y) Control, in each case Corrections or any successor to Corrections or all or substantially all of its assets or property.; or
(e) unless the Australian Borrower Resignation Date shall have occurred, the failure of GEO at any time to either (x) own, directly or indirectly (through one or more wholly-owned Subsidiaries), 100% of the issued and outstanding Equity
Interests in or (y) Control, in each case any Australian Borrower or any successor to such Australian Borrower. 

“Change in Law” means the occurrence, after the First Restatement Effective Date, of any of the following: (a) the
adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by any Governmental Authority or (c) the making or
issuance of any request, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer
Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on
Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted,
adopted or issued. 
 “Class”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans
comprising such Borrowing, are Syndicated, Revolving Credit Loans, Multicurrency Subfacility Loans, Term Loans, or
Incremental Term Loans of the same Series, or are Swingline Loans and, when used in reference to any Commitment, refers to whether such Commitment is a Revolving Credit
Commitment, Multicurrency Subfacility Commitment, Incremental Term Loan Commitment or Australian LC Facility Commitment. 

“Code” means the Internal Revenue Code of 1986. 

“Collateral Accounts” has the meaning assigned thereto in Section 2.05(k). 

“Collateral Agreement” means the Amended and Restated Collateral Agreement dated as of the First Restatement Effective Date
among the Borrowers, each Restricted Domestic Subsidiary and the Administrative Agent. 
 “Collateral Assignment” means the
Amended and Restated Collateral Assignment Agreement dated as of the First Restatement Effective Date among the Borrowers, certain of the Restricted Subsidiaries and the Administrative Agent. 

“Commitment” means a Revolving Credit Commitment, Multicurrency
Subfacility Commitment, Incremental Term Loan Commitment, Australian LC Facility Commitment or any combination thereof (as the context requires). 

“Commitment Increase Date” has the meaning assigned thereto in Section 2.08(e)(i). 

“Competitive AUD LC” means an AUD LC the pricing for which shall have been established on a Competitive Bid basis pursuant to
Section 2.05(l). 
 “Competitive AUD LC Percentage” has the meaning assigned thereto in
Section 2.05(l)(v). 

  
 9 

 “Competitive Australian LC Facility Lender” has the meaning assigned thereto in
Section 2.05(l)(v). 
 “Competitive Bid” means an offer by an Australian LC Facility Lender to participate in a
Competitive AUD LC in accordance with Section 2.05(l). 
 “Competitive Bid Offered Rate” means, with respect to
any Competitive Bid, the rate per annum offered by the Lender making such Competitive Bid; provided that such rate shall be less than the applicable Maximum AUD LC Fee Rate then in effect. 

“Competitive Bid Request” has the meaning assigned thereto in Section 2.05(l)(i). 

“Consenting Lender” has the meaning assigned thereto in Section 9.02(c). 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or
policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Corrections” has the meaning assigned thereto in the Preamble hereof. 

“Co-Syndication Agent” means each of Bank of America, N.A., Barclays Bank PLC,
JPMC, SunTrust Bank and Wells Fargo Capital FinanceSecurities, LLC. 

“Credit Party” means the Administrative Agent, any Issuing Lender, any Swingline Lender or any other Lender. 

“Cumulative Cap” has the meaning assigned thereto in Section 6.04(j). 

“Currency” means Dollars or any Foreign
Currency, with respect to any jurisdiction, the lawful money of such jurisdiction. 

“Currency Valuation Notice” has the meaning assigned thereto in Section 2.10(c). 

“Default” means any event or condition which constitutes an Event of Default or which with the giving of notice, the lapse of
time or both would, unless cured or waived, become an Event of Default. 
 “Defaulting Lender” means any Lender that
(a) has failed, within two Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) if such Lender is a Revolving Credit Lender or Australian LC Facility Lender, fund any portion of its
participations in Letters of Credit or Swingline Loans, as applicable, or (iii) pay over to any Credit Party any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Lender notifies the
Administrative Agent in writing that such failure is the result of such Lender’s good faith determination that a condition precedent to funding (specifically identified and including the particular breach, if any) has not been satisfied,
(b) has notified GEO or any Credit Party in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement
indicates that such position is based on such Lender’s good faith determination that a condition precedent (specifically identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or
generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by a Credit Party, acting in good faith, to provide a certification in writing from an authorized officer of such
Lender that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Loans and, if such Lender is a Revolving Credit Lender or Australian LC Facility Lender, participations in then outstanding
Letters of Credit and Swingline Loans, as applicable, under this 

  
 10 

 
Agreement (unless such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender’s good faith determination that a condition precedent to funding
(specifically identified and including the particular breach, if any) has not been satisfied), provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Credit Party’s receipt of
such certification in form and substance satisfactory to it and the Administrative Agent, or (d) has, or has a Bank Parent that has, become the subject of a Bankruptcy Event or a
Bail-In Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any Bank Parent by a Governmental Authority so long as such ownership
interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental
Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through
(d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to the last paragraph of Section 2.18) upon delivery of written notice of such determination to GEO
and each Lender. 
 “Delaney Hall Facility” means that certain real
property located in Essex County, New Jersey described on Schedule I to the Third Amendment (under the heading “Essex County, New Jersey Property”), together with all improvements thereto and furniture, fixtures and equipment located
therein, in each case owned by any of GEO and its Restricted Subsidiaries. 

“Developmental Investments” has the meaning assigned thereto in
Section 6.04(q).  
 “Disclosed Matters” means the actions, suits and proceedings disclosed in the Disclosure
Supplement. 
 “Disclosure Supplement” means the Disclosure Supplement, attached hereto as Schedule I, dated as
of the Second Restatement Effective Date and heretofore furnished to the Administrative Agent and the Lenders. 

“Disposition” means any sale, assignment, transfer or other disposition of any property (whether now owned or hereafter
acquired) by GEO or any of its Restricted Subsidiaries to any Person other than GEO or any of its Restricted Subsidiaries, excluding any sale, assignment, transfer or other disposition of any property sold or disposed of in the ordinary course of
business and on ordinary business terms. 
 “Dollar Equivalent” means, on any date of
determination, (i) with respect to an amount denominated in Dollars, such Dollar amount and (ii) with respect to anthe amount
of any Borrowing denominated in any Foreign Currency, the amount of Dollars that would be required to purchase such amount of such Foreign Currency on
suchthe date two Business Days prior to the date of such Borrowing (or, in the case of any determination
made under Section 2.10(c) or redenomination under the last sentence of Section 2.16(a), on the date of determination or redenomination therein referred to), based upon the rate appearing on the applicable page of the Reuters
Screen (or on any successor or substitute page of such screen, or any successor to or substitute for such screen, providing rate quotations comparable to those currently provided on such page of such screen, as determined by the Administrative Agent
from time to time for purposes of) providing quotations of exchange rates applicable to the sale of such Foreign Currency in the London foreign exchange market at approximately 11.00 a.m., London time, for delivery two days later. 

“Dollars” or “$” refers to lawful money of the United States of America. 

“Domestic Subsidiary” means a Subsidiary of GEO that is organized under the laws of the United States of America, any State
therein or the District of Columbia. 

  
 11 

 “EBITDA” means, for any period, Net Income for such period plus the sum of the
following determined on a consolidated basis, without duplication, for GEO and its Subsidiaries and Other Consolidated Persons in accordance with GAAP: (a) the sum of the following to the extent deducted in determining Net Income:
(i) income and franchise taxes, (ii) Interest Expense (excluding Interest Expense attributable to the Ravenhall Project Subsidiaries or any similar public-private partnership of
GEO or its Subsidiaries that is an Other Consolidated Person), (iii) amortization, depreciation and other non-cash charges (excluding insurance reserves), (iv) non-recurring, extraordinary or unusual charges and expenses, including
in respect of restructuring or integration costs or premiums paid in connection with the redemption of Indebtedness, (v) an amount (not exceeding an amount equal to 15% of Adjusted EBITDA for the period of four fiscal quarters of GEO most
recently ended prior to the calculation of such amount for which financial statements have been delivered under Section 5.01(a) or (b), as applicable, and a Financial Officer’s certificate has been delivered under Section
5.01(c) certifying such amount) equal to the aggregate amount of start-up and transition costs incurred during such period in connection with Facilities and operations, and (vi) the aggregate amount of transaction costs and expenses
incurred on or prior to December 31, 2013 with respect to activities (including any corporate restructuring) undertaken in good faith solely for the purpose of permitting GEO to elect to be treated as a REIT, as certified by a Financial Officer
of GEO to the Administrative Agent, whether or not incurred prior to, on or after such election; less (b) to the extent added in determining Net Income, interest income and any extraordinary gains. If any Permitted
Acquisition is consummated at any time during a period for which EBITDA is calculated, EBITDA for such period shall be calculated on a Pro Forma Basis and, to the extent deducted in determining Net Income for such period, the amount of transaction
costs and expenses and extraordinary charges relating to such Permitted Acquisition (or relating to any acquisition consummated by the acquired entity prior to the closing of such Permitted Acquisition but during the period of computation), as the
case may be, shall be added to EBITDA for such period. 
 “EEA Financial
Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a
parent of an institution described in clause (a) of this definition or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition
and is subject to consolidated supervision with its parent. 
 “EEA
Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. 

“EEA Resolution Authority” means any public administrative authority or
any Person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“EMU Legislation” means legislation enacted by the European Union’s Economic and Monetary Union. 

“Entitled Person” has the meaning assigned thereto in Section 9.15. 

“Environmental Laws” means all laws, rules, regulations, codes, ordinances, orders, decrees, judgments, injunctions, notices
or binding agreements issued, promulgated or entered into by any Governmental Authority, relating in any way to the environment, preservation or reclamation of natural resources, the management, release or threatened release of any Hazardous
Materials or human health matters. 

  
 12 

 “Environmental Liability” means any liability, contingent or otherwise
(including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of any Borrower or any Restricted Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law,
(b) the generation, use, handling, transportation, storage, treatment, disposal or permitting or arranging for the disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of
any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Equity Interests” means shares of capital stock, partnership interests, membership interests in a limited liability company,
beneficial interests in a trust or other equity ownership interests in a Person, and any Equity Rights entitling the holder thereof to purchase or acquire any such equity interest. 

“Equity Issuance” means (a) any issuance or sale by GEO after the First Restatement Effective Date of any of its
Equity Interests (other than any Equity Interests issued to directors, officers or employees of GEO or any of its Restricted Subsidiaries pursuant to employee benefit compensation, purchase or incentive plans established in the ordinary course of
business and any capital stock of GEO issued upon the exercise, exchange or conversion of such Equity Interests) or (b) the receipt by GEO or any of its Restricted Subsidiaries after the First Restatement Effective Date of any capital
contribution (whether or not evidenced by any equity security issued by the recipient of such contribution); provided that Equity Issuance shall not include (x) any such issuance or sale by any Subsidiary of GEO to GEO or any wholly
owned Restricted Subsidiary of GEO or (y) any capital contribution by GEO or any wholly owned Restricted Subsidiary of GEO to any Subsidiary of GEO, or (z) any capital contribution by any holder of Equity Interests in any Restricted
Subsidiary. 
 “Equity Rights” means, with respect to any Person, any subscriptions, options, warrants, commitments,
preemptive rights or agreements of any kind (including any shareholders’ or voting trust agreements) for the issuance, sale, registration or voting of, or securities convertible into, any additional shares of capital stock of any class, or
partnership or other ownership interests of any type in, such Person. 
 “ERISA” means the Employee Retirement Income
Security Act of 1974. 
 “ERISA Affiliate” means any trade or business (whether or not incorporated) that, together with a
Borrower, 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” means (a) any “reportable event”, as defined in Section 4043 of ERISA or the
regulations issued thereunder with respect to a Plan (other than an event for which the 30-day notice period is waived); (b) the failure to satisfy with respect to any Plan the “minimum funding standard” (as defined in
Section 412 of the Code or Section 302 of ERISA), whether or not waived; (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with
respect to any Plan; (d) the incurrence by GEO or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect to the termination of any Plan; (e) the receipt by GEO or any ERISA Affiliate from the PBGC or a plan
administrator of any notice relating to an intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan; (f) the incurrence by GEO or any of its ERISA Affiliates of any liability with respect to the withdrawal or
partial withdrawal from any Plan or Multiemployer Plan; or (g) the receipt by GEO or any ERISA Affiliate of any notice concerning the 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. 

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation
Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time. 

  
 13 

 “Euro” or “€” refers to the single currency of the
European Union as constituted by the Treaty on European Union and as referred to in EMU Legislation. 

“Eurodollar”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising
such Borrowing, bear interest at a rate determined by reference to (i) the Adjusted LIBO Rate. (in
the case of Revolving Credit Loans denominated in Dollars or Multicurrency Subfacility Loans denominated in Euros or Sterling) or (ii) the Adjusted BBSW Rate (in the case of Multicurrency Subfacility Loans denominated in Australian
Dollars). 
 “Event of Default” has the meaning assigned thereto in Article VII. 

“Excess” has the meaning assigned thereto in Section 2.10(c)(ii). 

“Excluded Property” means: 

(i) voting Equity Interests of any direct Foreign Subsidiary of GEO or of any Domestic Subsidiary
that, if pledged in favor of the Secured Parties, would result in excess of 65% of all of the outstanding voting Equity Interests of such Foreign
Subsidiary being pledged in favor of the Secured Parties; 

(ii) rights under any contracts, leases or other instruments that contain a valid and enforceable prohibition on assignment of
such rights (except to the extent that any such prohibition would be rendered ineffective pursuant to Section 9-406, 9-407, 9-408 or 9-409 of the UCC of any relevant jurisdiction or any other applicable law or principles of equity), but only
for so long as such prohibition exists and is effective and valid; and 
 (iii) property and assets owned by any Borrower or
any Guarantor that are the subject of Liens permitted by Section 6.02(d) or Section 6.02(h), but only if and for so long as (w) such Liens are in effect,
(x) the Indebtedness secured by such Liens constitutes Indebtedness permitted by Section 6.01(f), or Section 6.01(k), as applicable,
(y) the agreements or instruments evidencing or governing such Indebtedness prohibit the Loans from being secured by such assets and (z) no part of the Loans and no Letter of Credit was used to finance the acquisition, construction or
improvement of such assets. 
 “Excluded Real Property” means each of
the Lea County Facility, the Delaney Hall Facility and the GEO HQ. 
 “Excluded Swap Obligation” means, with
respect to any Guarantor, any obligation (a “Swap Obligation”) to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange
Act, if, and to the extent that, all or a portion of the Guarantee of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity
Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) including without limitation, by virtue of such
Guarantor’sGuarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act. If a
Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to that portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or becomes illegal.

  
 14 

 “Excluded Taxes” means, with respect to (each of which shall be considered a
“Payee”) the Administrative Agent, any Lender, any Issuing Lender or any other recipient of any payment to be made by or on account of any obligation of any Borrower hereunder, (a) taxes imposed on or measured by its overall
net income (however denominated), and franchise taxes imposed on it (in lieu of net income taxes), by the jurisdiction (or any political subdivision thereof) under the laws of which such recipient is organized or in which its principal office is
located or, in the case of any Lender, in which its applicable lending office is located, (b) any branch profits taxes imposed by the United States of America or any similar tax imposed by any other jurisdiction in which any Borrower is
located, (c) any United States backup withholding tax that is required by the Code to be withheld from amounts payable to a recipient that has failed to comply with Section 2.15(e), and (d) in the case of a Foreign Payee (other than
an assignee pursuant to a request by any Borrower under Section 2.17(b)), any U.S. federal withholding tax that is imposed on amounts payable to such Foreign Payee
(including fees payable pursuant to Section 2.11) pursuant to the Code, treasury regulations or treaties (including officially published interpretations and guidelines), in each case as in place at the time such Foreign Payee becomes a
party hereto (or designates a new lending office) or is attributable to such Foreign Payee’s failure or inability (other than as a result of a Change in Law; provided that for avoidance of doubt, for purposes of this
clause (d), the taking effect of FATCA subsequent to the date hereof shall not be deemed to be a Change in Law) to comply with Section 2.15(e), except to the extent that such Foreign Payee (or its assignor, if any) was
entitled, at the time of designation of a new lending office (or assignment), to receive additional amounts from any Borrower with respect to such withholding tax pursuant to Section 2.15(a). 

“Existing Credit Agreement” has the meaning assigned thereto in the Recitals hereof. 

“Facility” means a correctional, detention, mental health or other facility the principal function of which is to carry out a
Permitted Business. 
 “FATCA” means Sections 1471 through 1474 of the Code, as of the
FirstThird Amendment Effective Date (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any
current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code. 

“Federal Funds Effective Rate” means, for any day, the rate per
annum equal to the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers,
as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations
for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it; provided that in no event shall the Federal
Funds Effective Rate for any day be less than 0.00% per annum. 
 “Financial Officer” means an incumbent chief
financial officer, principal accounting officer, treasurer or controller. 
 “First Restatement Effective Date” means
April 3, 2013. 
 “Fixture Filings” has the meaning assigned thereto in Section 5.10(a)(i). 

“Flood Act” has the meaning assigned thereto in
Section 3.17means the National Flood Insurance Act of 1968. 

“Flood Zone” means an area identified by the Federal Emergency
Management Agency (or any successor agency) as an area having special flood hazards and in which flood insurance has been made available under the Flood Act. 

“Foreign Currency” means at any time any Currency other than Dollars. 

  
 15 

 “Foreign Currency Equivalent” means, with respect to any amount in Dollars, the
amount of any Foreign Currency that could be purchased with such amount of Dollars using the reciprocal of the foreign exchange rate(s) specified in the definition of the term “Dollar Equivalent”, as determined by the Administrative Agent.

 “Foreign Lender” means any Lender that is organized under the laws of a jurisdiction other than that in which the
respective Borrower is resident for tax purposes. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 

“Foreign Payee” means any Payee that is organized under the laws of a jurisdiction other than that in which the Borrowers are
resident for tax purposes. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 

“Foreign Subsidiary” means any Subsidiary of GEO that is not a Domestic Subsidiary. 

“Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or
otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business. 
 “Funds From
Operations” means Net Income, excluding gains (or losses) from sales of property and extraordinary, non-recurring or unusual items, plus depreciation, amortization and other non-cash charges, and after adjustments for unconsolidated
minority interests, on a consolidated basis for GEO and its Subsidiaries and Other Consolidated Persons. 
 “GAAP” means
generally accepted accounting principles in the United States of America. 
 “GEO” has the meaning assigned thereto in the
Preamble hereof. 
 “GEO Care Purchase
AgreementHQ” means that certain Purchase Agreement between GEO and GEO Care Holdings LLC, a Florida limited liability company (and an Affiliate of GEO), dated
as of December 6, 2012.real property located in Boca Raton, Florida described on Schedule I to the Third Amendment (under the heading “GEO Group, Inc. Headquarters
Property”), together with all improvements thereto and furniture, fixtures and equipment located therein, in each case owned by any of GEO and its Restricted Subsidiaries.  

“Government Contract” means a contract between GEO or any Restricted Subsidiary and a Governmental Authority located in the
United States or all obligations of any such Governmental Authority as account debtor arising under any Account (as defined in the UCC) now existing or hereafter arising owing to GEO or any Restricted Subsidiary. 

“Governmental Approvals” means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings
with, and reports to, any Governmental Authority. 
 “Governmental Authority” means the government of the United States of
America or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing,
regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

  
 16 

 “Guarantee” of or by any Person (the “guarantor”) means any
obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other payment obligation of any other Person (the “primary obligor”) in any manner, whether
directly or indirectly, and including (i) any obligation of the guarantor, direct or indirect, (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to
advance or supply funds for the purchase of) any security for the payment thereof, (b) 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,
(c) 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 or (d) as an account party in
respect of any letter of credit or letter of guaranty issued to support such Indebtedness or obligation and (ii) any Lien on any assets of the guarantor securing payment of Indebtedness or other monetary obligations of the primary obligor;
provided that the term Guarantee shall not include endorsements for collection or deposit in the ordinary course of business. 

“Guarantors” means the Restricted Domestic Subsidiaries and any other Person which becomes a party to the Guaranty Agreement
pursuant to a supplement thereto. 
 “Guaranty Agreement” means the Amended and Restated Guaranty Agreement dated as of the
First Restatement Effective Date among the Borrowers, the Guarantors and the Administrative Agent. 
 “Hazardous Materials”
means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas,
infectious or medical wastes and all other substances or wastes of any nature regulated or with respect to which liability or standards of conduct are imposed pursuant to any Environmental Law. 

“Hedge Counterparty” means each Person that is a Lender, the Administrative Agent, an Affiliate of a Lender or an Affiliate
of the Administrative Agent (i) at the time it enters into a Hedging Agreement or (ii) that is party to a Hedging Agreement outstanding as of the First Restatement Effective Date, in each case with GEO or any Restricted Subsidiary, in
its capacity as a party thereto. 
 “Hedging Agreement” means any agreement with respect to any swap, forward, future or
derivative 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 GEO or its Subsidiaries shall be a Hedging Agreement. 
 “Increasing Lender” has the
meaning assigned thereto in Section 2.08(e)(i). 
 “Increasing
Multicurrency Subfacility Lender” has the meaning assigned thereto in Section 2.08(f)(i).  

“Incremental” when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such
Borrowing, are made pursuant to Section 2.01(cd). 

“Incremental Lenders” means, in respect of any Series of Incremental Term Loans, the Lenders (or other financial institutions
referred to in Section 2.01(cd)) whose offers to make Incremental Term Loans of such Series shall have been accepted by GEO in accordance with the
provisions of Section 2.01(cd). 

  
 17 

 “Incremental Term Loan Commitment” means, with respect to each Lender, the
commitment, if any, of such Lender to make Incremental Term Loans of any Series that is accepted by GEO in accordance with the provisions of Section 2.01(c), Section 2.08 or Section 2.10(b) reduced or increased
from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. 

“Incremental Term Loans” has the meaning assigned thereto in
Section 2.01(d).  
 “Indebtedness” of any Person means, without duplication, (a) all liabilities,
obligations and indebtedness of such Person for borrowed money including, but not limited to, obligations evidenced by bonds, debentures, notes or other similar instruments of any such Person, (b) all obligations of such Person to pay the
deferred purchase price of property or services, except trade payables arising in the ordinary course of business not more than 90 days past due or payable on such later date as is customary in the trade, (c) all obligations of such Person
as lessee under Capital Leases, (d) all Indebtedness of any other Person secured by a Lien on any asset of such Person, (e) all Guarantees by such Person of Indebtedness of others (including all Guarantees by any Borrower or any Restricted
Subsidiary of Unrestricted Subsidiary Debt), (f) all obligations, contingent or otherwise, of such Person with respect to letters of credit (supporting payment of Indebtedness), whether or not drawn, including, without limitation, reimbursement
obligations related thereto, and banker’s acceptances issued for the account of such Person, (g) all obligations of such Person to redeem, repurchase, exchange, defease or otherwise make payments in respect of Equity Interests of such
Person, (h) all outstanding payment obligations with respect to Synthetic Leases, (i) the outstanding attributed principal amount under any asset securitization program and (j) all outstanding payment obligations with respect to
performance surety bonds that have been drawn upon. The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor
as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor. 

“Indemnified Taxes” means Taxes other than Excluded Taxes. 

“Indemnitee” has the meaning assigned thereto in Section 9.03(b). 

“Installment Sale” means any sale of a property by GEO, any of its
Subsidiaries or any Other Consolidated Person, as seller, that should, in accordance with GAAP, be classified and accounted for as an installment sale on a consolidated balance sheet of GEO, its Subsidiaries and the Other Consolidated Persons. 

 “Interest Election Request” means a request by GEO to convert or continue a Syndicated Borrowing in accordance with
Section 2.07. 
 “Interest Expense” means, for any period, the sum, for GEO and its Subsidiaries and Other
Consolidated Persons (determined on a consolidated basis without duplication in accordance with GAAP), of the following: (a) all interest and fees in respect of Indebtedness (including the interest component of any payments in respect of
Capital Leases and Synthetic Leases accounted for as interest under GAAP) accrued or capitalized during such period (whether or not actually paid during such period) plus (b) the net amount payable (or minus the net amount
receivable) under Hedging Agreements relating to interest during such period (whether or not actually paid or received during such period) minus (c) interest income (excluding
interest income in respect of Capital Leases and Installment Sales) during such period (whether or not actually received during such period). 

“Interest Payment Date” means (a) with respect to any Syndicated ABR Loan, each Quarterly Date, (b) with respect to
any Eurodollar Loan, the last day of each Interest Period therefor and, in the case of any Interest Period of more than three months’ duration, each day prior to the last day of such Interest Period that occurs at three-month intervals after
the first day of such Interest Period, and (c) with respect to any Swingline Loan, the day that such Loan is required to be repaid. 
  

  
 18 

 “Interest Period” means, for any Eurodollar Loan or Borrowing, the period
commencing on the date of such Loan or Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months thereafter (or on such other day as all of the Lenders holding such Loan or Borrowing may
agree in their sole discretion) or, with respect to such portion of any Eurodollar Loan or Borrowing denominated in a Foreign Currency that is scheduled to be repaid on the Revolving Credit
Commitment Termination Date, a period of less than one month’s duration commencing on the date of such Loan or Borrowing and ending on the Revolving Credit Commitment Termination Date, or for any period ending on or prior to the 30th
day following the First Restatement Effective Date, one, two or three weeks thereafter, in each case, as specified in the applicable Borrowing Request or Interest Election Request; provided that (i) 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, (ii) any Interest Period pertaining to a Eurodollar Borrowing (other than an Interest Period pertaining to a Eurodollar Borrowing denominated in
a Foreign Currency that ends on the Revolving Credit Commitment Termination Date that is permitted to be of less than one month’s duration as provided above in this definition) that commences on the last Business Day of a calendar month
(or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Business Day of the last calendar month of such Interest Period and (iii) unless otherwise agreed to by
the Administrative Agent, until the date falling on the 30th day following the First Restatement Effective Date, all Interest Periods for all Eurodollar Borrowings shall be coterminous and no Interest Period may commence before and end after
such 30th day. For purposes hereof, the date of a Loan or Borrowing initially shall be the date on which such Loan or Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Loan or
Borrowing. 
 “Investment” means, for any Person: (a) the acquisition (whether for cash, property, services or
securities or otherwise) of capital stock, bonds, notes, debentures, partnership or other ownership interests or other securities of any other Person or any agreement to make any such acquisition (including any “short sale” or any sale of
any securities at a time when such securities are not owned by the Person entering into such sale, but excluding any such agreement expressly subject to a condition that such acquisition shall not be consummated if such acquisition would constitute
a Default); (b) the making of any deposit with, or advance, loan or other extension of credit to, any other Person (including the purchase of property from another Person subject to an understanding or agreement, contingent or otherwise, to
resell such property to such Person), but excluding any such advance, loan or extension of credit having a term not exceeding 90 days arising in connection with the sale of inventory or supplies by such Person in the ordinary course of
business; (c) the entering into of any Guarantee of, or other contingent obligation with respect to, Indebtedness or other liability of any other Person and (without duplication) any amount committed to be advanced, lent or extended to such
Person; or (d) the entering into of any Hedging Agreement. 

“ISP” means, with respect to any RCF LC, the “International Standby
Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance of such RCF LC). 

“Issuing Lenders” means (a) the RCF LC Issuers and (b) the AUD LC Issuers. Each reference herein to “the
Issuing Lender” shall refer to the respective Issuing Lender of a Letter of Credit. 

  
 19 

 “Joinder Agreement” means collectively, each joinder agreement executed in favor
of the Administrative Agent for the ratable benefit of itself and the other Secured Parties, substantially in the form of Exhibit C. 

“Joint and Several Obligations” has the meaning assigned thereto in Section 2.21(a). 

“JPMC” means JPMorgan Chase Bank, N.A.  

“LC Disbursement” means an RCF LC Disbursement or an AUD LC Disbursement, as applicable. 

“LC Exposure” means the RCF LC Exposure and the AUD LC Exposure. 

“Lea County Facility” means that certain real property located in Lea
County, New Mexico described on Schedule I to the Third Amendment (under the heading “Lea County, New Mexico Property”), together with all improvements thereto and furniture, fixtures and equipment located therein, in each case owned by
any of GEO and its Restricted Subsidiaries. 
 “Lead Arranger” means BNP Paribas Securities Corp. 

“Lender Addendum” means a Lender Addendum hereto (or to the Third
Amendment, as applicable) in the form of Exhibit D or any other form approved by the Administrative Agent, to be executed and delivered by each initial Lender as provided in Section
9.06(b) (or the Third Amendment, as applicable). 

“Lenders” means each Person that shall have become a party hereto as a Lender on the First Restatement Effective
Date or, the Second Restatement Effective Date or the Third Amendment Effective Date pursuant to a
Lender Addendum (including, without limitation, any Issuing Lender and any Swingline Lender, unless the context otherwise requires), each Incremental Lender and each other Person that shall have become a party hereto pursuant to an Assignment and
Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption. 
 “Letter of
Credit” means any RCF LC or any AUD LC. 
 “Letter of Credit Documents” means, with respect to any Letter of
Credit, collectively, any application therefor and any other agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (a) the rights and
obligations of the parties concerned or at risk with respect to such Letter of Credit or (b) any collateral security for any of such obligations. 

“LIBO Rate” means, for the Interest Period for any Eurodollar
Borrowing denominated in Dollars or any Agreed Foreign Currency (other than Australian Dollars), the rate appearing on Reuters Page LIBOR01 (or on any successor or substitute
page or service providing quotations of interest rates applicable to dollar deposits in the London interbank market comparable to those currently provided on such page, as determined by the
Administrative Agent from time to time)the Screen at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest
Period, as the rateLIBOR for Dollar depositssuch Currency with a maturity
comparable to such Interest Period. If such rate is not available on the Screen at such time for any reason, then the LIBO Rate for such Interest Period shall be the rate at which
Dollar deposits of $in such Currency in the amount of 5,000,000 units of such
Currency for a maturity comparable to such Interest Period are offered by the principal London office of the Administrative Agent in the London interbank market to first class banks at approximately 11:00 a.m., London time, two Business Days
prior to the commencement of such Interest Period. If the 

  
 20 

 
LIBO Rate for any Interest Period for any Term Eurodollar Borrowing as determined above in this definition would otherwise be less
than, (x) in the case of any Term Eurodollar Borrowing, 0.75%, then such LIBO Rate shall instead be 0.75%, or
(y) in the case of any Revolving Credit Eurodollar Borrowing or Multicurrency Subfacility Eurodollar Borrowing, zero, then such LIBO Rate shall instead be zero. 

“LIBOR” means, for any Currency, the rate at which deposits denominated
in such Currency are offered to leading banks in the London interbank market.  

“Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance,
charge or security interest in, on or of such asset, (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 and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities, other than customary rights of a third party to acquire Equity
Interests in a Subsidiary pursuant to an agreement for a sale of such Equity Interests permitted hereunder. 
 “Loan
Documents” means, collectively, (a) this Agreement, the Letter of Credit Documents, the Notes, the Security Documents, each certificate delivered by an authorized
officer of any Borrower or, any Australian Borrower or any Guarantor pursuant to any other Loan Document, and any other document executed and/or delivered by or on
behalf of any Borrower or, any Australian Borrower or any Guarantor in connection with the foregoing if expressly designated as a “Loan Document”
therein., and (b) for purposes of each of Sections 4, 5, 6, 12(g) and 25 of the Guaranty Agreement, Sections 7.4(d), 7.11 and 7.14(a) of the Collateral Agreement and
Sections 15 and 25 of the Collateral Assignment, the definitive documentation for the Cash Management Obligations. 

“Loans” means the loans made by Lenders pursuant to this Agreement, including Incremental Term Loans of any Series. 

“Margin Stock” means “margin stock” within the meaning of Regulations T, U and X of the Board. 

“Material Adverse Effect” means a material adverse effect on (a) the business, assets, operations or condition,
financial or otherwise, of GEO and its Subsidiaries taken as a whole, (b) the ability of GEO and the Restricted Subsidiaries, taken as a whole, to pay any of their obligations under this Agreement or any of the other Loan Documents to which it
is a party, (c) the legality, validity, binding effect or enforceability of this Agreement or any of the other Loan Documents or (d) the rights of or benefits available to the Lenders under this Agreement or any of the other Loan
Documents. 
 “Material Contract” means (a) any Material Government Contract or (b) any other contract or
agreement, written or oral, of GEO or any of its Restricted Subsidiaries the failure to comply with which could reasonably be expected to have a Material Adverse Effect. 

“Material Government Contract” means any Government Contract, with respect to which the aggregate amount of EBITDA reasonably
attributable to such Government Contract for the four fiscal quarters ending on or most recently ended prior to any date of determination is greater than ten percent of EBITDA for the same four fiscal quarter period. 

“Material Indebtedness” means Indebtedness (other than the Loans and Letters of Credit) or obligations in respect of one or
more Hedging Agreements, of any one or more of GEO and its Restricted Subsidiaries (including Unrestricted Subsidiary Debt and any such obligations of Unrestricted Subsidiaries that are Guaranteed by GEO or any Restricted Subsidiary) in an aggregate
principal amount 

  
 21 

 
exceeding $25,000,000. For purposes of determining Material Indebtedness, the “principal amount” of the obligations of any Person in respect of any Hedging Agreement at any time
shall be the maximum aggregate amount (giving effect to any netting agreements) that such Person would be required to pay if such Hedging Agreement were terminated at such time. 

“Material Real Property” means any real property interest, including improvements, owned or leased by GEO or any of
its Restricted Subsidiaries that (i) that, immediately prior to the Second Restatement Effective Date, is subject to a “Mortgage” under (and as
defined in) the Existing Credit Agreement, or (ii) at any time after the Second Restatement Effective Date that has a book value in excess of
$45,000,00050,000,000; provided, however, that no Excluded Real Property shall constitute “Material Real Property” for purposes of this Agreement and the other
Loan Documents. 
 “Maximum AUD LC Fee Rate” means, for AUD PLOCs and AUD FLOCs, the applicable rate per
annum set forth below, based upon the Total Leverage Ratio as of the most recent determination date: 
  

							
	 Category
	  	 Total 
Leverage Ratio
	  	 Maximum 
AUD PLOC Fee Rate
	  	
Maximum AUD
FLOC Fee Rate

	1	  	>5.005.50 to 1.00	  	1.00%	  	2.25%
	2	  	>4.004.50 to 1.00 and <5.005.50
to 1.00	  	0.875%	  	2.00%
	3	  	>3.003.50 to 1.00 and <4.004.50
to 1.00	  	0.75%	  	1.75%
	4	  	>2.002.50 to 1.00 and <3.003.50 to
1.00	  	0.625%	  	1.50%
	5	  	<2.002.50 to 1.00	  	0.50%	  	1.25%

 For purposes of the foregoing, (i) the Total Leverage Ratio shall be determined as of the end of each
fiscal quarter of GEO based upon GEO’s consolidated financial statements delivered pursuant to Section 5.01(a) or (b) (or Section 5.01(a) or (b) of the Existing Credit Agreement, until such financial statements
are first delivered hereunder), as applicable, and (ii) each change in the Maximum AUD LC Fee Rate resulting from a change in the Total Leverage Ratio shall be effective during the period commencing on and including the date 10 Business
Days after delivery to the Administrative Agent of such consolidated financial statements indicating such change and ending on the date immediately preceding the effective date of the next such change; provided that the Total Leverage Ratio
shall be deemed to be in Category 1, (A) at any time that an Event of Default has occurred and is continuing and (B) if GEO fails to deliver the consolidated financial
statements required to be delivered by it pursuant to Section 5.01(a) or (b), as applicable, during the period from the expiration of the time for delivery thereof until such consolidated financial statements are delivered. 

Notwithstanding anything to the contrary contained in this definition, the determination of the Maximum AUD LC Fee Rate for any period shall
be subject to the provisions of Section 2.12(f). 
 “Maximum Rate” has the meaning assigned thereto in
Section 9.14. 
 “MNPI” has the meaning assigned thereto in Section 9.01(d). 

“Mortgage Amendment” has the meaning assigned thereto in Section 5.11(c). 

“Mortgage Amendment Trigger Date” means any Commitment Increase Date or
Incremental Term Loan Funding Date on which, immediately after giving effect to the Revolving Credit Commitment Increase effected or Incremental Term Loans made on such date, the sum of (x) the aggregate principal amount of all Incremental Term
Loans made after the Third Amendment Effective Date plus (y) the aggregate amount of all Revolving Credit Commitment Increases effected after the Third Amendment Effective Date exceeds $150,000,000.  

  
 22 

 “Mortgages” means, collectively, one or more mortgages and deeds of trust (or
equivalent instruments) in form and substance reasonably satisfactory to the Administrative Agent (each with such changes as may be appropriate in the applicable jurisdiction), or amendments to any Mortgage existing as of the Second
Restatement Effective Date recorded in connection with the Existing Credit Agreement, as applicable, and otherwise in form and substance reasonably satisfactory to the Administrative Agent, executed by GEO or a Restricted Subsidiary in favor of
the Administrative Agent for the benefit of the Secured Parties, as any such document may be amended, restated, supplemented or otherwise modified from time to time and covering (i) as of the Second Restatement Effective Date, the
properties and leasehold interests identified in Schedule 3.17 of the Disclosure Supplement as subject to existing Mortgages and (ii) thereafter, the properties and leasehold interests of GEO and its Restricted Subsidiaries that are
required to be subject to the Lien of a Mortgage in accordance with the terms hereof. 

“Multicurrency Subfacility”, when used in reference to any Loan or
Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are made pursuant to Section 2.01(b), as opposed to Revolving Credit, Term, Incremental or Swingline. 

“Multicurrency Subfacility Availability Period” means the period from and
including the Third Restatement Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Multicurrency Subfacility Commitments. 

“Multicurrency Subfacility Commitment” means, with respect to each
Multicurrency Subfacility Lender, the commitment, if any, of such Multicurrency Subfacility Lender to make Multicurrency Subfacility Loans in each applicable Agreed Foreign Currency, as such commitment may be (a) reduced or increased 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 Revolving Credit Lender pursuant to Section 9.04. The aggregate amount of the Multicurrency Subfacility
Lenders’ Multicurrency Subfacility Commitments as of the Third Amendment Effective Date is equal to $100,000,000. The initial amount of each Multicurrency Subfacility Lender’s Multicurrency Subfacility Commitment is set forth in such
Multicurrency Subfacility Lender’s Lender Addendum with respect to the Third Amendment or, in each case, the Assignment and Assumption pursuant to which such Multicurrency Subfacility Lender shall have assumed its Multicurrency Subfacility
Commitment, as the case may be.  
 For the avoidance of doubt, and as
further reflected herein, (x) a utilization of the Multicurrency Subfacility Commitment of any Lender shall constitute a utilization of the Revolving Credit Commitment of such Lender and (y) accordingly, (1) each Multicurrency
Subfacility Lender must also be a Revolving Credit Lender and (2) the Multicurrency Subfacility Commitment of any Lender shall not exceed the Revolving Credit Commitment of such Lender.  

“Multicurrency Subfacility Commitment Increase” has the meaning assigned
thereto in Section 2.08(f)(i).  
 “Multicurrency Subfacility
Commitment Increase Date” has the meaning assigned thereto in Section 2.08(f)(i).  

“Multicurrency Subfacility Lender” means a Lender with a Multicurrency
Subfacility Commitment or an outstanding Multicurrency Subfacility Loan. 

“Multicurrency Subfacility Loan” means a Loan pursuant to
Section 2.01(b) made in (x) any Agreed Foreign Currency to the Borrowers or (y) Australian Dollars to any Australian Borrower. 

  
 23 

 “Multicurrency Subfacility Loan
Note” means a promissory note of the Borrowers or an Australian Borrower, as applicable, payable to any Lender, substantially in the form of Exhibit A-3 (as such promissory note may be amended, endorsed or otherwise modified from time to
time), evidencing the aggregate Indebtedness of the Borrowers or such Australian Borrower, as applicable, to such Lender resulting from outstanding Multicurrency Subfacility Loans, and also means all other promissory notes accepted from time to time
in substitution therefor or renewal thereof. 
 “Multiemployer Plan” means a multiemployer plan as defined in
Section 4001(a)(3) of ERISA. 
 “Net Available Proceeds” means: 

(a) in the case of any Disposition, the aggregate amount of all cash payments, received by
or on behalf of GEO and its Restricted Subsidiaries directly or indirectly in connection with any such Disposition consummated after the First Restatement Effective Date;
provided that Net Available Proceeds shall be net of (i) the amount of any legal fees and expenses, title premiums and costs, recording fees and expenses, state and local taxes, commissions, and other fees and expenses paid by GEO and
its Restricted Subsidiaries in connection with such Disposition, (ii) any Federal, foreign, state and local income or other taxes estimated to be payable by GEO and its Restricted Subsidiaries as a result of such Disposition and (iii) any
repayments by GEO or any of its Restricted Subsidiaries of Indebtedness to the extent that (x) such Indebtedness is secured by a Lien on the property that is the subject of such Disposition and (y) the transferee of (or holder of a Lien
on) such property requires that such Indebtedness be repaid as a condition to the purchase of such property; 
 (b) in the case of any
Casualty Event, the aggregate amount of proceeds of insurance, condemnation awards and other compensation received by or on behalf of GEO and its Restricted Subsidiaries in respect
of such Casualty Event net of (i) reasonable fees and expenses incurred by GEO and its Restricted Subsidiaries in connection therewith and (ii) contractually required repayments of Indebtedness to the extent secured by a Lien on such
property and any income and transfer taxes payable by GEO or any of its Restricted Subsidiaries in respect of such Casualty Event; and 
 (c)
in the case of any Equity Issuance, the aggregate amount of all cash received by or on behalf of GEO and its Restricted Subsidiaries in respect of such Equity Issuance net of
reasonable fees and expenses incurred by GEO and its Restricted Subsidiaries in connection therewith; 
 provided, that Net Available Proceeds of any
Disposition or Casualty Event shall be net of any amounts required to be paid (I) in order for GEO to be treated as a REIT or to maintain its REIT status once GEO’s election to be treated as a REIT has been made and (II) to avoid the
imposition of federal or state income or excise taxes reasonably determined in good faith by a Financial Officer of GEO (as evidenced by a certification to that effect and setting forth the basis for such estimation in reasonable detail delivered to
the Administrative Agent prior to or concurrently with the occurrence of the transaction or other events resulting in such Net Available Proceeds, as the same may be supplemented or modified in writing (in reasonable detail) by a Financial Officer
of GEO to reflect good faith adjustments to such original determination prior to the date on which any of such Net Available Proceeds were (or were required to be) applied to prepay Loans or reduce Commitments pursuant to
Section 2.10(b)) to be payable by GEO and its Restricted Subsidiaries as a result of such Disposition or Casualty Event. 

“Net Income” means, with respect to GEO and its Subsidiaries and Other Consolidated Persons, for any period of determination,
the net income (or loss) for such period, determined on a consolidated basis in accordance with GAAP. 

“Non-Extension Notice Date” has the meaning assigned thereto in Section
2.05(b)(ii). 

  
 24 

 “Non-Recourse” means, with respect to any Indebtedness or other obligation and
to any Person, that such Person has not Guaranteed such Indebtedness or other obligation, and is not otherwise liable, directly or indirectly for such Indebtedness or other obligation, and that any action or inaction by such Person, including
without limitation any default by such Person on its own Indebtedness or other obligations, will not result in any default, event of default, acceleration, or increased financial or other obligations, under or with respect to such Indebtedness or
other obligation; provided, that, any Indebtedness or other obligation of any Unrestricted Subsidiary or Other Consolidated Person that would otherwise be Non-Recourse to the Borrowers and the Restricted Subsidiaries shall not be Non-Recourse
to the Borrowers and the Restricted Subsidiaries solely due to (A) any investment funded at the time or prior to the incurrence of such Indebtedness or other obligation or (B) the assignment by any Borrower or any Restricted Subsidiary of
its rights under any Government Contract to secure Unrestricted Subsidiary Debt, or Indebtedness or other obligations of any Other Consolidated Person, related to such Government Contract or (C) to the extent undrawn, the issuance of any Letter
of Credit in support of such Indebtedness or other obligation. 
 “Non-Recourse Debt Service” means, with respect to any
Person, for any period, the sum of, without duplication (a) the net interest expense of such Person with respect to Indebtedness that is Non-Recourse to GEO and the Restricted Subsidiaries, determined for
such period, without duplication, on a consolidated or combined basis, as the case may be, in accordance with GAAP, (b) the scheduled principal payments required to be made during such period by such Person with respect to Indebtedness that is
Non-Recourse to GEO and the Restricted Subsidiaries and (c) rent expense for such period associated with Indebtedness that is Non-Recourse to GEO and the Restricted Subsidiaries. 

“Note” means, as the context may require, a Revolving Credit Loan
Note, a Multicurrency Subfacility Loan Note or a Term Loan Note. 

“Notice of Assignment” has the meaning assigned thereto in the Collateral Agreement. 

“Obligations” means, collectively, (a) all obligations of the Borrowers under the Loan Documents to pay the principal of
and interest on the Loans and all fees, indemnification payments and other amounts whatsoever, whether direct or indirect, absolute or contingent, now or hereafter from time to time owing to the Administrative Agent or the Lenders under the Loan
Documents, (b) all obligations of each Australian Borrower under this Agreement (or any other Loan Documents to which such Australian Borrower is party) to pay the principal of, and
interest on, the Multicurrency Subfacility Loans borrowed by such Australian Borrower and all other amounts whatsoever relating to such Multicurrency Subfacility Loans, whether direct or indirect, absolute or contingent, now or hereafter from time
to time owing by such Australian Borrower to the Administrative Agent or the Multicurrency Subfacility Lenders under this Agreement (or any other Loan Documents to which such Australian Borrower is party), (c) all existing or future
payment and other obligations owing by GEO or any Restricted Subsidiary under any Hedging Agreement permitted hereunder with any Hedge Counterparty, excluding Excluded Swap Obligations,
(d) all Cash Management Obligations, and (ce) all other interest, fees and commissions
(including reasonable attorneys’ fees), charges, indebtedness, loans, liabilities, financial accommodations, obligations, covenants and duties owing by GEO or any of its Subsidiaries to the Lenders or the Administrative Agent, in each case
under or in respect of this Agreement, any Note, any Letter of Credit or any of the other Loan Documents of every kind, nature and description, direct or indirect, absolute or contingent, due or to become due, contractual or tortious, liquidated or
unliquidated, and whether or not evidenced by any note. For the avoidance of doubt, no Australian Borrower shall be liable or otherwise responsible under the Loan Documents for any payment
Obligations other than its own Obligations described in clause (b) of this definition.  

  
 25 

 “Other Consolidated Persons” means Persons, none of the Equity Interests of
which are owned by GEO or any of its Subsidiaries, whose financial statements are required to be consolidated with the financial statements of GEO in accordance with GAAP. 

“Other Taxes” means any and all present or future stamp or documentary taxes or any other excise or property taxes, charges
or similar levies arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document. 

“Participant” means any Person to whom a participation is sold as permitted by Section 9.04(d). 

“Participant Register” has the meaning assigned thereto in Section 9.04(d). 

“Patriot Act” means the USA PATRIOT Act (Title III of
Pub. L. 107-56 (signed into law October 26, 2001)).  

“Payee” has the meaning assigned thereto in the definition of “Excluded Taxes” in this Section 1.01.

 “PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity
performing similar functions. 
 “Permitted Acquisition” means an acquisition by GEO or a Restricted Subsidiary of a
Facility, all of the Equity Interests of a Person or all or substantially all of the assets and related rights constituting an ongoing business, in each case primarily constituting a Permitted Business, and where each of the following conditions is
satisfied: 
 (a) at the time of such acquisition, both before and immediately after the consummation thereof, no Default shall have occurred
and be continuing; 
 (b) unless the consideration paid for such acquisition (including, without duplication, the assumption of Indebtedness
and aggregate amount of Indebtedness of the subject of such acquisition remaining outstanding after the consummation thereof) is less than $15,000,000, Subject EBITDA for the period of four fiscal quarters of the Facility, Person or business so
acquired ended most recently before the consummation of such acquisition, was greater than zero; 
 (c) the Total Leverage Ratio and Senior
Secured Leverage Ratio on the last day of the period of four fiscal quarters of GEO ended most recently before the consummation of such acquisition for which financial statements have been delivered under Section 5.01(a) or (b),
as applicable, calculated on a Pro Forma Basis as if the acquisition had occurred on the first day of such period, and giving pro forma effect to all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances
and other incurrences, of Indebtedness from and after such day through and including the date of the consummation of such acquisition, is at least 0.25 below the Total Leverage Ratio and Senior Secured Leverage Ratio, respectively, required to be
maintained pursuant to Section 6.09 on such day; and 
 (d) such acquisition shall be consummated such that,
after giving effect thereto, the subject of such acquisition shall be one or more Restricted Subsidiaries or (to the extent constituting assets that are not Persons) shall be acquired directly by GEO and/or one or more of its Restricted
Subsidiaries; provided that nothing herein shall prevent GEO from designating the subject of such acquisition as an Unrestricted Subsidiary in accordance with Section 5.09(d)
hereof.; and 

  
 26 

 (e) such acquisition of Equity
Interests was not preceded by an unsolicited tender offer for such Equity Interests by, or proxy contest initiated by, GEO or a Restricted Subsidiary. 

“Permitted Business” means (a) a business, a line of
business or a facility in the same line of business as is conducted by GEO and its Subsidiaries on the date hereofSecond Restatement Effective Date or the Third Amendment
Effective Date and any business reasonably related thereto or ancillary or incidental thereto, or a reasonable extension thereof, including the provision of services or goods to Governmental Authorities,
or(b) the making of Developmental Investments or (c) any change in the business of GEO and its Subsidiaries necessary to qualify as a REIT. 

“Permitted Encumbrances” means: 

(a) Liens imposed by law for taxes, assessments and other governmental charges that are not yet due beyond the period of grace or are being
contested in compliance with Section 5.04; 
 (b) carriers’, warehousemen’s, mechanics’, materialmen’s,
repairmen’s, landlord’s, banker’s and other like Liens imposed by law, arising in the ordinary course of business and securing obligations that are not overdue by more than 30 days or are being contested in compliance with
Section 5.04; 
 (c) pledges and deposits made in the ordinary course of business in compliance with workers’ compensation,
unemployment insurance and other social security laws or regulations; 
 (d) deposits to secure the performance of bids, trade contracts,
leases, statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in each case in the ordinary course of business; 

(e) judgment liens in respect of judgments that do not constitute an Event of Default under Section 7.01(k); and

 (f) easements, zoning restrictions, rights-of-way and similar encumbrances on real property imposed by law or arising in the ordinary
course of business that do not secure any monetary obligations and do not materially detract from the value of the affected property or interfere with the ordinary conduct of business of GEO or any of its
Subsidiaries; and 

(g) any PPSA Deemed Security Interests; 

provided that the term “Permitted Encumbrances” shall not include any Lien securing Indebtedness. 

“Permitted Investments” means: 

(a) direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United States of
America (or by any agency thereof to the extent such obligations are backed by the full faith and credit of the United States of America), in each case maturing within one year from the date of acquisition thereof; 

(b) marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any
public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of acquisition, having a rating of at least AA from Standard & Poor’s Ratings Services, a Division of the McGraw-Hill
Companies, Inc. (“S&P”) or Aa from Moody’s Investors Service, Inc. (“Moody’s”); 

  
 27 

 (c) investments in commercial paper maturing within 270 days from the date of acquisition
thereof and having, at such date of acquisition, a rating of at least A-2 from S&P or P-2 from Moody’s; 
 (d) investments in
certificates of deposit, banker’s acceptances and time deposits maturing within one year from the date of acquisition thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by, any domestic office of
any commercial bank organized under the laws of the United States of America or any State thereof, or by any Lender which has a combined capital and surplus and undivided profits of not less than $500,000,000; 

(e) fully collateralized repurchase agreements with a term of not more than 90 days for securities described in clause (a) of
this definition and entered into with a financial institution satisfying the criteria described in clause (d) of this definition; and 

(f) money market funds that (i) comply with the criteria set forth in Securities and Exchange Commission Rule 2a-7 under the
Investment Company Act of 1940, (ii) are rated at least AA by S&P or Aa by Moody’s and (iii) have portfolio assets of at least $1,000,000,000. 

“Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company,
partnership, Governmental Authority or other entity. 
 “Plan” means any employee pension benefit plan (other than a
Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which GEO 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”
has the meaning assigned thereto in Section 9.01(d). 

“PPSA” means the Personal Property Securities Act 2009 (Cth) in force in
Australia. 
 “PPSA Deemed Security Interest” means an interest
of the kind referred to in section 12(3) of the PPSA where the transaction concerned does not, in substance, secure payment or performance of an obligation.  

“Prime Rate” means, at any time, the rate of interest per annum established from time to time by BNP Paribas as its
prevailing “base rate” or “prime rate” for loans in Dollars in the United States. Each change in the Prime Rate shall be effective as of the opening of business on the day such change in such prime rate occurs. The parties hereto
acknowledge that the rate announced publicly by BNP Paribas as its prime rate is an index or base rate and shall not necessarily be its lowest or best rate charged to its customers or other banks. 

“Principal Financial Center” means, in respect of any Currency, the
principal financial center where such Currency is cleared and settled, as determined by the Administrative Agent.  

“Principal Payment Dates” means, in the case of Term Loans, the 28 consecutive quarter-annual anniversaries of the First
Restatement Effective Date beginning with and including the first such quarter-annual anniversary falling after the First Restatement Effective Date and ending with and including the Term Loan
Maturity Date; provided that if there is no day corresponding to the First Restatement Effective Date in the appropriate calendar month, then the relevant Principal Payment Date shall be the last day of such month. 

  
 28 

 “Pro Forma Basis” means, in making any determination of EBITDA or Adjusted
EBITDA for any period, that pro forma effect shall be given to any acquisition permitted hereunder including any Permitted Acquisition that occurred during such period and to any acquisition by the Person acquired by GEO or any Restricted Subsidiary
that occurred during such period, in each case, taking into account both revenues (excluding revenues created by synergies) and estimated cost-savings, as determined reasonably and in good faith by a Financial Officer of GEO and approved by the
Administrative Agent, provided that GEO delivers to the Administrative Agent a certificate of a Financial Officer of GEO setting forth such pro forma calculations and all assumptions that are material to such calculations. 

“Pro Forma Senior Secured Leverage Ratio” means, on any date, the Senior Secured Leverage Ratio on the last day of GEO’s
fiscal quarter then most recently ended for which financial statements have been delivered pursuant to Section 5.01(a) or (b), as applicable, (i) after giving pro forma effect since such last day through and including such
date to: (x) all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances and other incurrences, of secured Indebtedness and (y) any changes to the amount of Unrestricted Cash and
(ii) calculating EBITDA for the period of computation on a Pro Forma Basis. 
 “Pro Forma Total Leverage Ratio” means,
on any date, the Total Leverage Ratio on the last day of GEO’s fiscal quarter then most recently ended for which financial statements have been delivered pursuant to Section 5.01(a) or (b), as applicable, (i) after
giving pro forma effect since such last day through and including such date to: (x) all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances and other incurrences, of Indebtedness and (y) any
changes to the amount of Unrestricted Cash and (ii) calculating EBITDA for the period of computation on a Pro Forma Basis. 

“Public Lender” has the meaning assigned thereto in Section 9.01(d). 

“Quarterly Date” means the last Business Day of January, April, July and October in each year, as applicable, the first of
which shall be the first such day after the First Restatement Effective Date. 
 “Ravenhall Project Subsidiaries” means,
collectively, GEO Ravenhall Holdings Pty Ltd, GEO Ravenhall Finance Holdings Pty Ltd, GEO Ravenhall Finance Holding Trust, GEO Ravenhall Pty Ltd, GEO Ravenhall Finance Pty Ltd, GEO Ravenhall Trust, GEO Ravenhall Finance Trust, Ravenhall Finance Co.
Pty Ltd., the Australian Borrowers, the Australian Trust and any direct or indirect Subsidiary of the foregoing entities, in each case to the extent a Subsidiary of GEO. 

“RCF Collateral Account” has the meaning assigned thereto in Section 2.05(k). 

“RCF LC” means any letter of credit issued by any RCF LC Issuer pursuant to this Agreement. 

“RCF LC Disbursement” means a payment made by an RCF LC Issuer pursuant to an RCF LC. 

“RCF LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding RCF LCs at
such time plus (b) the aggregate amount of all RCF LC Disbursements that have not yet been reimbursed by or on behalf of the Borrowers at such time. For purposes of computing the
amount available to be drawn under any RCF LC, the amount of such RCF LC shall be determined in accordance with Section 1.07. For all purposes of this Agreement, if on any date of determination
a RCF LC has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such RCF LC shall be deemed to be
“outstanding” in the amount so remaining available to be drawn. The RCF LC Exposure of any Lender at any time shall be its Applicable Percentage of the total RCF LC Exposure at such time. 

  
 29 

 “RCF LC Issuer” means (i) BNP Paribas, (ii) JPMorgan Chase
Bank, N.A.JPMC, (iii) Bank of America, N.A., (iv) HSBC Bank USA, N.A. or (v) any Lender selected by GEO that is reasonably acceptable to the Administrative
Agent and consents to be an “RCF LC Issuer” hereunder, and their successors in such capacity as provided in Section 2.05(j). An RCF LC Issuer may, in its discretion, arrange for one or more RCF LCs to be issued by
branches or Affiliates of such RCF LC Issuer, in which case the term “RCF LC Issuer” shall include any such
branch or Affiliate with respect to RCF LCs issued by such branch or Affiliate. Each reference herein to “the
RCF LC Issuer” shall refer to the respective RCF LC Issuer of an RCF LC. 
 “Register” has the meaning assigned
thereto in Section 9.04(c). 
 “Refundable Excess” has the meaning assigned thereto in
Section 2.10(c)(iii). 
 “REIT” means a real estate investment trust as defined and taxed under
Sections 856-860 of the Code. 
 “Related Parties” means, with respect to any Person, such Person’s Affiliates
and the partners, directors, officers, employees, agents and advisors of such Person and of such Person’s Affiliates. 

“Removal Effective Date” has the meaning assigned thereto in Section 8.01. 

“Required Lenders” means, at any time, subject to Section 2.18(b) and to the last paragraph of
Section 9.02(b), Lenders having Revolving Credit Exposures, AUD LC Exposures, outstanding Multicurrency Subfacility Loans, outstanding Term Loans, outstanding Incremental
Term Loans and unused Commitments (other than Multicurrency Subfacility Commitments) representing more than 50% of the sum of the total Revolving Credit Exposures, AUD LC Exposures,
outstanding Multicurrency Subfacility Loans, outstanding Term Loans, outstanding Incremental Term Loans and unused Commitments
(other than Multicurrency Subfacility Commitments) at such time. The “Required Lenders” of a particular Class of Loans means Lenders having Revolving Credit
Exposures, AUD LC Exposures, outstanding Multicurrency Subfacility Loans, outstanding Term Loans, outstanding Incremental Term Loans and unused Commitments of such Class representing
more than 50% of the total Revolving Credit Exposures, outstanding Term Loans, outstanding Multicurrency Subfacility Loans, outstanding Incremental Term Loans and unused Commitments
of such Class at such time. 
 “Resignation Effective Date” has the meaning assigned thereto in Section 8.01.

 “Restricted Domestic Subsidiary” means any Domestic Subsidiary of GEO that is not an Unrestricted Subsidiary. 

“Restricted Payment” means, with respect to any Person, any (x) dividend or other distribution (whether in cash,
securities or other property) with respect to any Equity Interests of such Person, or (y) payment (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 of any Equity Interests of such Person or any Equity Rights with respect to such Person. 

“Restricted Subsidiary” means any Subsidiary of GEO that is not an Unrestricted Subsidiary. 

“Revolving Credit”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising
such Borrowing, are made pursuant to Section 2.01(a). 

  
 30 

 “Revolving Credit Availability Period” means the period from and including the
First Restatement Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments. 

“Revolving Credit Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to make Revolving
Credit Loans and to acquire participations in RCF LCs and Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such commitment may be
(a) reduced or increased 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 pursuant to Section 9.04. The aggregate amount of the
Lenders’ Revolving Credit Commitments as of each of the First Restatement Date was, and as of the Second Restatement Date is, in each
case $700,000,000was $700,000,000. The aggregate amount of the Lenders’ Revolving Credit Commitments as of the Third Amendment Effective Date is $900,000,000. The initial
amount of each Lender’s Revolving Credit Commitment is set forth in such Lender’s Lender Addendum with respect to Third Amendment or, in each case, the Assignment and Assumption pursuant to which such Lender shall have assumed its
Revolving Credit Commitment, as the case may be. 
 “Revolving Credit Commitment Increase” has the meaning assigned
thereto in Section 2.08(e)(i). 
 “Revolving Credit Commitment Termination Date” means the fifth
anniversary of the Second Restatement Effective Date.Third Amendment Effective Date; provided that, if on October 3, 2019, both (i) the maturity date of all
Term Loans and Incremental Term Loans shall not have been extended to the date that is 5 1⁄2 years after the Third Amendment Effective Date or a later date and
(ii) the Senior Secured Leverage Ratio exceeds 2.50:1.00, then the Revolving Credit Commitment Termination Date shall be October 3, 2019. 

“Revolving Credit Exposure” means, with respect to any Lender at any time, the sum of the outstanding principal amount of
such Lender’s Revolving Credit Loans and its RCF LC Exposure and Swingline Exposure at such time. 
 “Revolving Credit
Lender” means a Lender with a Revolving Credit Commitment or, if the Revolving Credit Commitments have expired or been terminated, a Lender with Revolving Credit Exposure. 

“Revolving Credit Loan” means a Loan made pursuant to Section 2.01(a). 

“Revolving Credit Loan Note” means a promissory note of the Borrowers payable to any Lender, substantially in the form of
Exhibit A-2 (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the aggregate Indebtedness of the Borrowers to such Lender resulting from outstanding Revolving Credit Loans, and also
means all other promissory notes accepted from time to time in substitution therefor or renewal thereof. 
 “Sanctioned
Country” means, at any time of determination, a country or territory whichthat is, or whose government is, the subject or target of any Sanctions
broadly restricting or prohibiting dealings with such country, territory or government (as of the Second Restatement(which, as of the Third Amendment Effective Date,
includes Cuba, Iran, Burma, North Korea, Sudan, and Syria and the Crimea region of the
Ukraine). 
 “Sanctioned Person” means, at any time of determination, any Person with whom dealings are restricted
or prohibited under Sanctions, including (a) any Person listed in any Sanctions-related list of designated Persons maintained by the United States (including by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the
U.S. Department of State, or the U.S. Department of 

  
 31 

 
Commerce), the United Nations Security Council, the European Union or any of its member states, Her Majesty’s Treasury, Switzerland or any other relevant authority, (b) any Person
located, organized or resident in, or any Governmental Entity or governmental instrumentality of, a Sanctioned Country or (c) any Person 25% or more directly or indirectly owned by, controlled by, or acting for the benefit or on behalf of, any
Person described in clauses (a) or (b) hereof. 
 “Sanctions” means economic or financial sanctions or trade
embargoes or restrictive measures enacted, imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S.
Department of State, or the U.S. Department of Commerce, (b) the United Nations Security Council, (c) the European Union or any of its member states, (d) Her Majesty’s Treasury, (e) Switzerland or (f) any other relevant
authority. 
 “Screen” means, for (i) any Currency (other than
Australian Dollars), the relevant display page for LIBOR for such Currency (as determined by the Administrative Agent) on the Reuters Monitor Money Rates Service or any
successor to such Service (or any alternative service selected by the Administrative Agent) or (ii) Australian Dollars, the relevant “BBSW” display page (as determined by the Administrative Agent) on the Thomson Reuters service or any
successor to such service (or any alternative service selected by the Administrative Agent).  
 “Second Currency”
has the meaning assigned thereto in Section 9.15. 
 “Second Restatement Effective Date” means the date on
which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.03). 

“Secured Parties” means the Administrative Agent, the Lenders
and, the Hedge Counterparties and the Cash Management Banks. 

“Security Documents” means the Guaranty Agreement, the Collateral Agreement, the Mortgages, the Collateral Assignment, each
Joinder Agreement and each other agreement or writing pursuant to which any Borrower or any Restricted Subsidiary purports to grant a Lien on any property or assets securing their obligations under the Loan Documents. 

“Senior Note Indentures” means, collectively, each of the indentures under which the Senior Notes are issued. 

“Senior Notes” means, collectively, any senior notes (including, without limitation, the 2021 Notes) issued
by GEO or any of its Subsidiaries. 
 “Senior Secured Leverage Ratio” means, on any date, the ratio of (a) the result
of (i) the aggregate outstanding principal amount of all secured Indebtedness of GEO and its Restricted Subsidiaries on such date (calculated on a consolidated basis without duplication in accordance with GAAP) minus (ii) the sum of
(x) the aggregate amount (not less than zero) of Unrestricted Cash on such date plus (y) to the extent included in the calculation under the clause (a)(i) of this definition, the undrawn amount of all outstanding Letters
of Credit on such date to (b) Adjusted EBITDA for the period of four fiscal quarters of GEO ending on or most recently ended prior to such date. 

“Series” has the meaning assigned thereto in
Section 2.01(cd). 

“Significant Subsidiary” means (a) any Subsidiary (or
group of Subsidiaries on a consolidated or combined basis) that would be a “significant subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act of 1933, as such Regulation
is in effect on the date hereof, (b) Corrections and (c) unless the Australian Borrower Resignation Date shall have occurred, each Australian Borrower. 

 

  
 32 

 “Solvent”
means,: (i) as to GEO and its Subsidiaries on a particular date, that each such Person (a) has capital sufficient to carry on its business and transactions
and all business and transactions in which it is about to engage and is able to pay its debts as they mature, (b) owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay
its probable liabilities (including contingencies), (c) does not intend to, and does not believe that it (or, in the case of the Australian Trustee, the Australian Trust) will,
incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature (in the case of the Australian Trustee, out of its own assets (where it is obliged to
do so) and the Australian Trust’s assets) and (d) is “solvent” within the meaning given that term and similar terms under Title 11 of the United States Code entitled “Bankruptcy” (as now and hereafter in
effect or any successor statute) (or, in the case of the Australian Borrowers, under the Australian Corporations Act) and other applicable laws relating to fraudulent transfers and
conveyances; and (ii) as to the Australian Borrowers, on a particular date, that each such Person is able to pay its debts as and when they become due and payable. 

“South African Rand” refers to the lawful currency of South Africa. 

“Special Counsel” means Milbank, Tweed, Hadley & McCloy LLP, in its capacity as special New York counsel to BNP
Paribas, as Administrative Agent. 
 “Specified Currency” has the meaning assigned thereto in Section 9.15.

 “Specified Place” has the meaning assigned thereto in Section 9.15. 

“Statutory Reserve Rate” means, for theany day
during any Interest Period for any Eurodollar Borrowing, a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the arithmetic mean, taken over each day in
such Interest Period, of the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the Administrative Agent is subject
(whether or not applicable to any Lender) for eurocurrency funding (currently referred to as “Eurocurrency liabilities” in Regulation D of the Board). Such reserve
percentages shall include those imposed pursuant to Regulation D of the Board. All Eurodollar
LoansBorrowings shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration,
exemptions or offsets that may be available from time to time to the Administrative Agent or any Lender under Regulation D of the Board or any comparable regulation. The
Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

“Sterling” or “£” refers to the lawful currency of the United Kingdom. 

“Subject EBITDA” means, for any period, for any Facility, Person or business that is the subject of a proposed Permitted
Acquisition (the “Acquired Business”), the sum of the following for such period (calculated without duplication on a consolidated basis for such Acquired Business and its Subsidiaries to the fullest extent practicable in accordance
with GAAP (and, if such Acquired Business consists of assets rather than a Person, as if such Acquired Business were a Person)) (a) net operating income (or loss) plus (b) the sum of the following to the extent deducted in
determining such net operating income: (i) income and franchise taxes, (ii) interest expense, (iii) amortization, depreciation and other non-cash charges (excluding insurance reserves), and (iv) extraordinary losses. 

“Subject Year” has the meaning assigned thereto in Section 6.05(a)(B). 

  
 33 

 “Subsidiary” means, with respect to any Person (the “parent”)
at any date, any other corporation, limited liability company, partnership, association or other entity of which securities or other ownership interests representing more than 50% of the equity or more than 50% of the ordinary voting power or, in
the case of a partnership, more than 50% of the general partnership interests are, as of such date, owned, controlled or held, or (b) that is, as of such date, 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. Unless otherwise specified, “Subsidiary” means a Subsidiary of GEO. 

“Swap Obligation” is defined inhas the
meaning assigned thereto in the definition of “Excluded Swap Obligation” in this Section 1.01. 

“Swingline Exposure” means, at any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The
Swingline Exposure of any Lender at any time shall be its Applicable Percentage of the total Swingline Exposure at such time. 

“Swingline Lender” means (i) BNP Paribas or (ii) any Lender selected by GEO that is reasonably acceptable to the
Administrative Agent and consents to be a “Swingline Lender” hereunder. Each reference herein to “the Swingline Lender” shall refer to the respective Swingline Lender of a Swingline Loan. 

“Swingline Loan” means a Loan made pursuant to Section 2.04. 

“Syndicated”, when used in reference to any Loan or Borrowing, refers to whether the Class of such Loan or Borrowing is
Revolving Credit, Multicurrency Subfacility, Term or Incremental, as opposed to Swingline. 

“Synthetic Leases” means any synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance
sheet financing product where such transaction is considered borrowed money indebtedness for tax purposes but is classified as an operating lease in accordance with GAAP. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments, fees or other
charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Term”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing,
are made pursuant to Section 2.01(bc), as opposed to Revolving Credit, Multicurrency
Subfacility, Incremental or Swingline. 
 “Term Lender” means a Lender with an outstanding Term Loan. 

“Term Loans” means the term loans described in
Section 2.01(bc). 
 “Term
Loan Maturity Date” means the seventh anniversary of the First Restatement Effective Date. 
 “Term Loan
Note” means a promissory note of GEO payable to the order of any Lender, substantially in the form of Exhibit A-1 hereto (as such promissory note may be amended, endorsed or otherwise modified from time to time), evidencing the
aggregate Indebtedness of GEO to such Lender resulting from outstanding Term Loans, and also means all other promissory notes accepted from time to time in substitution therefor or renewal thereof. 

“Third Amendment” means Amendment No. 1 to this Agreement dated as
of the Third Amendment Effective Date. 

  
 34 

 “Third Amendment Effective
Date” means May 19, 2016. 
 “Title Companies” has the meaning assigned thereto in
Section 5.10(a)(ii). 
 “Total Leverage Ratio” means, on any date, the ratio of (a) the result of the
following calculation: (i) the aggregate outstanding principal amount of all Indebtedness of GEO, its Subsidiaries and the Other Consolidated Persons on such date (calculated on a consolidated basis without duplication in accordance with GAAP)
minus (ii) the sum of (x) the aggregate amount (not less than zero) of Unrestricted Cash on such date plus (y) the aggregate outstanding principal amount of all Indebtedness of the Unrestricted Subsidiaries and the Other
Consolidated Persons on such date that is Non-Recourse to GEO and its Restricted Subsidiaries plus (z) to the extent included in the calculation under the clause (a)(i) of this definition, the undrawn amount of all
outstanding Letters of Credit on such date to (b) Adjusted EBITDA for the period of four fiscal quarters of GEO ending on or most recently ended prior to such date. 

“Transactions” means the execution, delivery and performance by each Borrower and each Restricted Subsidiary of this
Agreement and the other Loan Documents to which it intended to be a party, the borrowing of Loans, the use of the proceeds thereof, and the issuance, amendment, renewal or extension of Letters of Credit hereunder. 

“Type”, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans
comprising such Borrowing, is determined by reference to the Adjusted LIBO Rate, the Adjusted BBSW Rate or the Alternate Base Rate. 

“UCC” means the Uniform Commercial Code as in effect from time to time in the State of New York or, if the context so
requires, any other applicable jurisdiction. 
 “US Borrower” means a
Borrower that is United States person within the meaning of Section 7701(a)(30) of the Code. 
 “Unrestricted
Cash” means cash and Permitted Investments held by GEO and its Restricted Subsidiaries that are not subject to any Lien or preferential arrangement in favor of any Person to protect such Person against loss and are not part of any funded
reserve established by GEO or any of its Restricted Subsidiaries required by GAAP. 
 “Unrestricted Subsidiary” means any
Subsidiary of GEO (other than Corrections) identified on the First Restatement Effective Date in the Disclosure Supplement to (and as defined in) the Existing Credit Agreement as an Unrestricted Subsidiary or designated as an
Unrestricted Subsidiary after the First Restatement Effective Date pursuant to Section 5.09(d) of the Existing Credit Agreement or Section 5.09(d),
prior to the Third Amendment Effective Date, or which qualifies as an Unrestricted Subsidiary after the Third Amendment Effective Date pursuant to Section 5.09(d); provided that
(i) such Unrestricted Subsidiary meets the requirements set forth in Section 5.09(d) and (ii) none of
(x) Corrections or (y) unless the Australian Borrower Resignation Date shall have occurred, any Australian Borrower, in each case shall be an Unrestricted Subsidiary. 

“Unrestricted Subsidiary Debt” means Indebtedness of any one or more Unrestricted Subsidiaries. 

“Withdrawal Liability” means 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”
means, at any time, the excess at such time of current assets (excluding cash and cash equivalents) over current liabilities (excluding the current portion of long-term debt) of GEO, its Subsidiaries and the Other Consolidated Persons (determined on
a consolidated basis without duplication in accordance with GAAP). 

  
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 “Write-Down and Conversion
Powers” means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and
conversion powers are described in the EU Bail-In Legislation Schedule. 
 Section 1.02 Classification of Loans and
Borrowings. For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Syndicated Loan”), by Type (e.g., an “ABR Loan”) or by Class and Type (e.g., a “Syndicated ABR Loan”).
Borrowings also may be classified and referred to by Class (e.g., a “Syndicated Borrowing”), by Type (e.g., an “ABR Borrowing”) or by Class and Type (e.g., a “Syndicated ABR
Borrowing”). Loans, Borrowings and RCF LCs may also be identified by Currency.  

Section 1.03 Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms
defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase
“without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Any reference herein to “the date hereof”, “the date of this Agreement” and words of
similar import shall be deemed to mean August 27, 2014. Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement,
instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein, including in
Section 6.136.08), (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns,
(c) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references
herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (e) any reference to any law or regulation herein shall, unless otherwise specified,
refer to such law or regulation as amended, modified, supplemented, re-enacted or redesignated from time to time and (f) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to
any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 
 Section 1.04
Accounting Terms; GAAP. 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 GEO notifies the
Administrative Agent that GEO requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Administrative
Agent notifies GEO 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. To enable the ready and consistent
determination of compliance with the covenants set forth in Article VI, GEO will comply with Section 5.12. 

Section 1.05 Currencies; Currency Equivalents. At any time, any reference in the definition of the term “Agreed Foreign
Currency” or in any other provision of this Agreement to the Currency of any particular nation means the lawful currency of such nation at such time whether or not the name of such Currency is the same as it was on the date hereof. Except as
otherwise expressly provided herein, for purposes of determining: 

  
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 (i) whether the amount of any Revolving Credit Borrowing or RCF LC, together with
all other Revolving Credit Borrowings and RCF LCs then outstanding or to be borrowed or issued at the same time that such Revolving Credit Borrowing or RCF LC is outstanding, would exceed the aggregate amount of the Revolving Credit Commitments,

 (ii) whether the amount of any Multicurrency Subfacility
Borrowing, together with all other Multicurrency Subfacility Borrowings then outstanding or to be borrowed at the same time that such Multicurrency Subfacility Borrowing is outstanding, would exceed the aggregate amount of the Multicurrency
Subfacility Commitments, 

(iii) (ii) the aggregate unutilized
amount of the Commitments of any Class, 
 (iv)
(iii) the Revolving Credit Exposure or the LC Exposure of any Class, or 

(v) (iv) the Dollar equivalent amount
of any AUD LC, 
 the outstanding face amount of any Letter of
Credit that is denominated in any Foreign Currency and the outstanding principal amount of any Multicurrency Subfacility Loan denominated in any Foreign Currency shall be deemed to
be the Dollar Equivalent of the amount of the Foreign Currency (x) of such Letter of Credit, determined as of the date of such Letter of
Credit or (y) of such Multicurrency Subfacility Loan determined as of the date of such Multicurrency Subfacility Loan (determined in accordance with the last sentence of the definition
of “Interest Period”). 
 Wherever in this Agreement in connection with a
Multicurrency Subfacility Borrowing, conversion, continuation or prepayment of a Eurodollar Multicurrency Subfacility Loan or the issuance, amendment or extension of a Letter of
Credit an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such
Multicurrency Subfacility Borrowing, Eurodollar Multicurrency Subfacility Loan or Letter of Credit is denominated in a Foreign Currency, such amount shall be the relevant Foreign
Currency Equivalent of such Dollar amount (rounded to the nearest 1,000 unitsunit of such Foreign
Currency), with 0.5 of a unit being rounded upward), as determined by the Administrative Agent or the applicable Issuing Lender, as the case may be. 

Section 1.06 Change in Currency. 

(a) Each obligation of the Borrowers to make a payment denominated in the national
currency unit of any member state of the European Union that adopts the Euro as its lawful Currency after the Third Amendment Effective Date shall be redenominated into Euros at the time of such adoption (in accordance with the EMU Legislation). If,
in relation to the Currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that Currency shall be inconsistent with any convention or practice in the London interbank market for the basis of
accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful currency; provided that if any Multicurrency
Subfacility Borrowing in the Currency of such member state is outstanding immediately prior to such date, such replacement shall take effect, with respect to such Borrowing, at the end of the then current Interest Period. 

(b) Each provision of this Agreement shall be subject to such reasonable changes of
construction as the Administrative Agent may from time to time specify to be necessary to reflect the adoption of the Euro by any member state of the European Union and any relevant market conventions or practices relating to the Euro. 

  
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 (c) Each provision of this Agreement
also shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time specify to be necessary to reflect a change in Currency of any other country and any relevant market conventions or practices relating
to the change in Currency. 
 Section 1.07 Letter of Credit
Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the aggregate amount available to be drawn under such Letter of Credit at such
time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of the Letter of Credit Documents related thereto, provides for one or more automatic increases in the stated amount thereof (or the aggregate amount
available to be drawn thereunder), the amount of such Letter of Credit (other than for purposes of Section 2.11) shall be deemed to be the maximum aggregate amount available to be drawn under such Letter of Credit after giving effect to all
such increases. 
 Section 1.08 Australian
Terms. In this Agreement, “inability to pay its debts as they fall due” will, in relation to any Subsidiary of GEO incorporated in Australia, be deemed to include that Subsidiary
to the extent that it is: (a) taken under the Australian Corporations Act to be unable to pay its debts as they fall due; or (b) the subject of an event described in section 459C(2)(b) or section 585 of the Australian Corporations Act.

 Section 1.09 Australian Code of Banking
Practice. The parties to this Agreement agree that the Australian Code of Banking Practice published by the Australian Bankers’ Association does not apply to this Agreement, the other
Loan Documents or the transactions contemplated hereby or thereby.  
 ARTICLE II 

THE CREDITS 
 Section 2.01
The Commitments; Loans. The Lenders made, and on the terms and subject to the conditions set forth herein severally agree to make, Loans, in each case as set forth below. 

(a) Revolving Credit Loans. 

(i) On the First Restatement Effective Date, the Existing Revolving Credit Loans (as defined in the Existing Credit
Agreement) of each Lender outstanding on the First Restatement Effective Date (immediately prior to giving effect thereto) were continued, and on the First Restatement Date constituted and remained outstanding as Revolving Credit Loans
hereunder. All Revolving Credit Loans outstanding on the date hereof (immediately prior to giving effect to the Second Restatement Effective Date) remain outstanding hereunder as of the Second Restatement Effective Date. 

(ii) Each Revolving Credit Lender having an Available Revolving
Credit Commitment agrees to make Revolving Credit Loans in Dollars to the Borrowers, from time to time
during the Revolving Credit Availability Period, in Dollars, in an aggregate principal amount that will result in neither
(ix) the sum of such Lender’s Revolving Credit Exposure
plus the outstanding principal amount of such Lender’s Multicurrency Subfacility Loans exceeding such Lender’s Revolving Credit Commitment nor
(iiy) the sum of the total Revolving Credit Exposures
plus the aggregate outstanding principal amount of Multicurrency Subfacility Loans exceeding the total Revolving Credit Commitments. Within the foregoing limits and subject to the
terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow Revolving Credit Loans. 

  
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 (b) Multicurrency Subfacility Loans.
Each Multicurrency Subfacility Lender agrees to make Multicurrency Subfacility Loans (i) in any Agreed Foreign Currency to the Borrowers and (ii) unless the Australian Borrower Resignation Date shall have occurred, in Australian Dollars to
any Australian Borrower, in each case from time to time during the Multicurrency Subfacility Availability Period, in an aggregate principal amount that will result in none of (i) the outstanding principal amount of Multicurrency Subfacility
Loans of such Lender exceeding such Lender’s Multicurrency Subfacility Commitment, (ii) the aggregate outstanding amount of Multicurrency Subfacility Loans exceeding the total Multicurrency Subfacility Commitments, (iii) the sum of
the Revolving Credit Exposure of such Lender plus the outstanding principal amount of Multicurrency Subfacility Loans of such Lender exceeding such Lender’s Revolving Credit Commitment, or (iv) the sum of the total Revolving Credit
Exposures plus the aggregate outstanding amount of Multicurrency Subfacility Loans exceeding the total Revolving Credit Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, (i) the Borrowers may
borrow, prepay and reborrow Multicurrency Subfacility Loans denominated in any Agreed Foreign Currency and (ii) the Australian Borrowers may borrow, prepay and reborrow Multicurrency Subfacility Loans denominated in Australian Dollars.

 (c)
(b) Term Loans. On the First Restatement Effective Date, the Existing Term Loans (as defined in the Existing Credit Agreement) of each Lender outstanding on
the First Restatement Effective Date (immediately prior to giving effect thereto) were continued, and on the First Restatement Date constituted and remained outstanding as Term Loans hereunder. As of the Second Restatement Effective Date, Term
Loans in an aggregate principal amount of $296,250,000 remained outstanding hereunder. As of the Third Amendment Effective Date, Term Loans in an aggregate principal amount of
$291,000,000 remain outstanding hereunder. Amounts prepaid or repaid in respect of Term Loans may not be reborrowed. 

(d) (c) Incremental Term Loans. In addition to
Borrowings of Revolving Credit Loans, Multicurrency Subfacility Loans and Term Loans pursuant to Section 2.01(a)
or, (b) or (c) above, respectively, at any time and from time to time, GEO may request that any one or more of the Lenders or, at the option of GEO, other
financial institutions or funds selected by GEO offer to enter into commitments to make additional term loans (“Incremental Term
Loans”) to GEO, in Dollars, under this Section 2.01(cd). In the event that one or
more of the Lenders or such other financial institutions or funds offer, in their sole discretion, to enter into such commitments, and such Lenders or financial institutions or funds and GEO agree as to the amount of such commitments that shall be
allocated to the respective Lenders or financial institutions or funds making such offers and the fees (if any) to be payable by GEO in connection therewith, such Lenders or financial institutions or funds shall become obligated to make Incremental
Term Loans under this Agreement in an amount equal to the amount of their respective Incremental Term Loan Commitments (and such financial institutions shall become “Incremental Lenders” hereunder). The Incremental Term Loans to be made
pursuant to any such agreement between GEO and any such Lenders or financial institutions or funds in response to any such request by GEO shall be deemed to be a separate “Series” of Incremental Term Loans for all purposes of this
Agreement. 
 Anything herein to the contrary notwithstanding, (i) the minimum aggregate principal amount of Incremental Term Loan
Commitments entered into pursuant to any such request (and, accordingly, the minimum aggregate principal amount of any Series of Incremental Term Loans) shall be (A) $20,000,000 or a larger multiple of $1,000,000 or (B) any other amount
consented to by the Administrative Agent, and (ii) the aggregate principal amount of all Incremental Term Loan Commitments established after the Second
RestatementThird Amendment Effective Date plus the aggregate principal amount of all Revolving Credit Commitment Increases obtained after the Second
RestatementThird Amendment Effective Date shall not exceed $350,000,000450,000,000.
Except as otherwise expressly provided herein, the Incremental Term Loans of any Series shall have the interest rate, participation and other fees, commitment reduction schedule (if any), amortization and maturity date, and be subject to

  
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such conditions to effectiveness and initial credit extension, as shall be agreed upon by the respective Incremental Lenders of such Series, GEO and the Administrative Agent (which agreement by
the Administrative Agent shall not be unreasonably withheld in the case of interest rates and participation and other fees),; provided that in any event
(xA) the Incremental Term Loans shall be subject to, and entitled to the benefits of, the collateral security and Guarantees provided for herein and in the
other Loan Documents on an equal and ratable basis with each other Loan, (yB) the maturity for Incremental Term Loans shall not be earlier than the Term Loan
Maturity Date and may be later than the Term Loan Maturity Date to the extent so agreed by GEO and such Incremental Lenders and,
(zC) the weighted average-life-to-maturity for such Series of Incremental Term Loans shall not be shorter than the weighted average-life-to-maturity for the
Term Loans and may be longer than the weighted average-life-to-maturity for the Term Loans to the extent so agreed by GEO and such Incremental
Lenders and (D) if the Incremental Term Loan Funding Date of any Incremental Term Loans is a Mortgage Amendment Trigger Date, GEO shall be in compliance with Section 5.11(b) as of
such date; provided, further that GEO and the applicable Incremental Lenders may modify or waive any or all of the conditions to the initial borrowing of the applicable Incremental Term Loans (but not, for the avoidance of
doubt, any conditions to the effectiveness of any Incremental Term Loan Commitments) set forth in this Agreement (other than with respect to (x) the absence of any Event of Default under any of Sections 7.01(a), (b),
(h), (i) or (j) or, (y) the accuracy of customary “specified
representations” or (z) clause (D) of the immediately preceding proviso) in any transaction where the net cash proceeds of such Incremental Term Loan will be used to
fund the purchase price for a Permitted Acquisition or other acquisition permitted under this Agreement. 
 Following the acceptance by GEO
of the offers made by any one or more Lenders to make any Series of Incremental Term Loans pursuant to the foregoing provisions of this
Section 2.01(cd), each such Incremental Lender in respect of such Series of Incremental Term Loans severally agrees, on the terms and conditions
of this Agreement, to make such Incremental Term Loans to GEO on a Business Day (an “Incremental Term Loan Funding Date”) during the period from and including the date of
such acceptance to and including the commitment termination date specified in the agreement entered into with respect to such Series in an aggregate principal amount up to but not exceeding the amount of the Incremental Term Loan Commitment of such
Incremental Lender in respect of such Series as in effect from time to time. Amounts prepaid or repaid in respect of Incremental Term Loans may not be reborrowed. 

Section 2.02 Loans and Borrowings. 

(a) Obligations of Lenders. Each Syndicated Loan shall be made as part of a Borrowing consisting of Loans of the same Class and
Type made by the Lenders ratably in accordance with their respective Commitments of the applicable Class. Each Swingline Loan shall be made in accordance with the procedures set forth in Section 2.04. 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) Type of Loans. Subject to Section 2.12, each Syndicated Borrowing shall be comprised entirely of ABR
Loans or of Eurodollar Loans denominated in a single Currency as GEO may request in accordance herewith. Each Swingline Loan shall be an ABR Loan. Each
ABR Loan shall be denominated in Dollars. Each Lender at its option may make any Eurodollar Loan or
provide any other extension of credit or fund any other obligation hereunder by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the
obligation of the Borrowers to repay such Loan in accordance with the terms of this Agreement. 

  
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 (c) Minimum Amounts; Limitation on Number of Borrowings. Each Eurodollar Borrowing shall
be in an aggregate amount of $2,500,000 or a larger multiple of $1,000,000. Each Syndicated ABR Borrowing shall be in an aggregate amount equal to $1,000,000 or a larger multiple of $1,000,000; provided that a Syndicated ABR Borrowing may be
in an aggregate amount that is equal to the entire unused balance of the total Commitments of the applicable Class or (in the case of a Revolving Credit ABR Borrowing) that is required to finance the reimbursement of an RCF LC Disbursement as
contemplated by Section 2.05(f). Each Swingline Loan shall be in an amount equal to $100,000 or a larger multiple of $100,000. Borrowings of more than one Class
and, Type and Currency may be outstanding at the same time; provided that there shall not at any
time be more than a total of fifteen Eurodollar Borrowings outstanding. 
 (d) Limitations on Interest Periods. Notwithstanding any
other provision of this Agreement, no Borrower or Australian Borrower shall be entitled to request (or to elect to convert to or continue as a Eurodollar Borrowing): 

(i) any Revolving Credit Borrowing or Multicurrency Subfacility
Borrowing if the Interest Period requested therefor would end after the Revolving Credit Commitment Termination Date; 

(ii) any Term Borrowing if the Interest Period requested therefor would end after the applicable Term Loan Maturity Date; 

(iii) any Term Borrowing of either Class if the Interest Period requested therefor would commence before and end after any
Principal Payment Date unless, after giving effect thereto, the aggregate principal amount of the Term Loans of such Class having Interest Periods that end after such Principal Payment Date shall be equal to or less than the aggregate principal
amount of the Term Loans of such Class permitted to be outstanding after giving effect to the payments of principal required to be made on such Principal Payment Date; and 

(iv) any Borrowing of a Series of Incremental Term Loans if the Interest Period requested therefor would commence before and
end after (x) the final maturity date for such Series or (y) any date specified for the amortization of such Series unless, in the case of this clause (y), after giving effect thereto, the aggregate principal amount of the
Incremental Term Loans of such Series having Interest Periods that end after such date shall be equal to or less than the aggregate principal amount of the Incremental Term Loans of such Series permitted to be outstanding after giving effect to the
payments of principal required to be made on such date. 
 Section 2.03 Requests for Syndicated Borrowings. 

(a) Notices. To request a Syndicated Borrowing, GEO shall notify the Administrative Agent of such request (i) in the case of a
Eurodollar Borrowing denominated in Dollars, not later than 1:00 p.m., New York City time, three Business Days before the date of the proposed Borrowing, or
(ii) in the case of a Eurodollar Borrowing denominated in a Foreign Currency, not later than 11:00 a.m., London time, five Business Days before the date of the proposed
Borrowing, or (iii) in the case of a Syndicated ABR Borrowing, not later than noon, New York City time, on the Business Day before the date of the proposed Borrowing; provided that any such notice of a Revolving Credit ABR
Borrowing to finance the reimbursement of an RCF LC Disbursement as contemplated by Section 2.05(f) may be given not later than 10:00 a.m., New York City time, on the date of the proposed Borrowing. Each Borrowing Request shall be
irrevocable and shall be in writing in a form approved by the Administrative Agent and signed by GEO. 

  
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 (b) Content of Borrowing Requests. Each Borrowing Request shall specify the following
information in compliance with Section 2.02: 
 (i) whether the requested Borrowing is to be a Revolving Credit
Borrowing, a Multicurrency Subfacility Borrowing, Term Borrowing or Incremental Borrowing; 

(ii) the aggregate amount and, in the case of a Multicurrency
Subfacility Borrowing, the Currency, of the requested Borrowing; 
 (iii) the date of such Borrowing, which
shall be a Business Day; 
 (iv) in the case of a Term
Borrowing or a Revolving Credit Borrowing denominated in Dollars, whether such Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; 

(v) in the case of a Eurodollar Borrowing, the Interest Period therefor, which shall be a period contemplated by the definition
of the term “Interest Period” and permitted under Section 2.02(d); and 

(vi) in the case of a Multicurrency Subfacility Borrowing, whether
such Borrowing is to be borrowed by an Australian Borrower or the Borrowers; and 

(vii) (vi) the location and number of
the account of a Borrower or an Australian Borrower, as the case may be, to which funds are to be disbursed, which shall comply with the requirements of
Section 2.06. 
 (c) Notice by the Administrative Agent to the
Lenders. 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. 
 (d) Failure to Elect. If no election as to the Type of a Syndicated Borrowing is specified, then the requested
Borrowing shall be an ABR Borrowing unless such Borrowing is a Multicurrency Subfacility Borrowing, in which case the requested Multicurrency Subfacility Borrowing shall be a Eurodollar
Borrowing denominated in the Agreed Foreign Currency that has been specified in the applicable Borrowing Request. If no Interest Period is specified with respect to any requested Eurodollar Borrowing, GEO shall be deemed to have selected an
Interest Period of one month’s duration. 
 Section 2.04 Swingline Loans. 

(a) Agreement to Make Swingline Loans. Subject to the terms and conditions set forth herein, each Swingline Lender agrees to make
Swingline Loans to the Borrowers from time to time during the Revolving Credit Availability Period, in Dollars, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of outstanding
Swingline Loans exceeding $40,000,000 or (ii) the sum of the total Revolving Credit Exposures plus the aggregate
outstanding principal amount of Multicurrency Subfacility Loans exceeding the total Revolving Credit Commitments, provided that such Swingline Lender shall not be required to make a Swingline Loan to refinance an outstanding Swingline
Loan. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow Swingline Loans. 

  
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 (b) Notice of Swingline Loans. To request a Swingline Loan, GEO shall notify the
Administrative Agent of such request in writing, not later than 1:00 p.m., New York City time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day) and
amount of the requested Swingline Loan. The Administrative Agent will promptly advise the applicable Swingline Lender of any such notice received from GEO. Such Swingline Lender shall make each Swingline Loan available to the Borrowers by means of a
credit to the general deposit account of a Borrower (as designated by GEO in writing) with such Swingline Lender (or, in the case of a Swingline Loan made to finance the reimbursement of an RCF LC Disbursement as provided in
Section 2.05(f), by remittance to the respective RCF LC Issuer) by 2:00 p.m., New York City time, on the requested date of such Swingline Loan. 

(c) Participations by Lenders in Swingline Loans. The applicable Swingline Lender may by written notice given to the Administrative
Agent not later than 10:00 a.m., New York City time, on any Business Day require the Revolving Credit Lenders to acquire participations on such Business Day in all or a portion of the Swingline Loans outstanding. Such notice shall specify the
aggregate amount of Swingline Loans in which Revolving Credit Lenders will participate. Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Revolving Credit Lender, specifying in such notice such
Lender’s Applicable Percentage of such Swingline Loan or Loans. Each Revolving Credit Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above in this Section 2.04(c), to pay to the
Administrative Agent, for the account of such Swingline Lender, such Revolving Credit Lender’s Applicable Percentage of such Swingline Loan or Loans. Each Revolving Credit
Lender acknowledges and agrees that its obligation to acquire participations in Swingline Loans pursuant to this Section 2.04(c) 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 Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each Revolving Credit Lender shall comply with its obligation
under this Section 2.04(c) 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 Credit Lender (and Section 2.06 shall apply,
mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to such Swingline Lender the amounts so received by it from the Revolving Credit Lender. 

The Administrative Agent shall notify GEO of any participations in any Swingline Loan acquired pursuant to the preceding provisions of this
Section 2.04(c), and thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent and not to a Swingline Lender. Any amounts received by a Swingline Lender from the Borrowers (or other party on behalf
of the Borrowers) 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 Credit Lenders that shall have made their payments pursuant to the preceding provisions of this Section 2.04(c) and to such Swingline Lender, as their interests may
appear, provided that any such payment so remitted shall be repaid to such Swingline Lender or to the Administrative Agent, as applicable, if and to the extent such payment is required to be refunded to the Borrowers for any reason. The
purchase of participations in a Swingline Loan pursuant to this Section 2.04(c) shall not relieve the Borrowers of any default in the payment thereof. 

Section 2.05 Letters of Credit. 

(a) General. Subject to the terms and conditions set forth herein, in addition to the Loans provided for in
Section 2.01, GEO may request (i) any RCF LC Issuer (other than, after the Third Amendment Effective Date, JPMC, unless
JPMC shall have consented thereto by written notice to GEO and the Administrative Agent) to issue, at any time and from time to time during the  

  
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Revolving Credit Availability Period, RCF LCs for the account of the Borrowers in such form as is acceptable to the Administrative Agent and such RCF LC Issuer in its reasonable determination,
which RCF LCs may be denominated in Dollars or in any Agreed Foreign Currency and (ii) any AUD LC Issuer to issue, at any time and from time to time during the AUD LC Availability Period, AUD LCs for the account of GEO in such form as is
acceptable to the Administrative Agent, GEO and such AUD LC Issuer (in its reasonable determination), which AUD LCs shall be denominated in Australian Dollars. RCF LCs issued hereunder shall constitute utilization of the Revolving Credit
Commitments. AUD LCs issued hereunder shall constitute utilization of the Australian LC Facility Commitments. 
 (b) Notice of Issuance,
Amendment, Renewal or Extension; Auto-Extension RCF LCs.  

(i) Notice of Issuance, Amendment, Renewal or Extension. To request the issuance of an RCF LC
(or the amendment, renewal or extension of an outstanding RCF LC), GEO shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by the respective RCF LC Issuer) to an RCF LC Issuer
selected by it and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the issuance of an RCF LC, or identifying the RCF LC to be amended, renewed or extended, and
specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such RCF LC is to expire (which shall comply with Section 2.05(d)), the amount and Currency of such RCF LC, the name and
address of the beneficiary thereof and such other information as shall be necessary to prepare, amend, renew or extend such RCF LC. Such notice shall be given to the Administrative Agent (i) in the case of an RCF LC to be denominated in
Dollars, not later than 4:00 p.m., New York City time, three Business Days before the date of the proposed issuance, amendment, renewal or extension and (ii) in the case of an RCF LC to be denominated in a Foreign Currency, not later than 4:00
p.m., London time, three Business Days (or four Business Days if longer notice is determined by the Administrative Agent to be required) before the date of the proposed issuance, amendment, renewal or extension. The RCF LC Issuer shall promptly
notify each Revolving Credit Lender of the issuance of any RCF LC and upon request by any such Lender, furnish to such Lender a copy of such RCF LC and the amount of such Lender’s participation therein. 

(ii) If GEO or the Borrowers so request in any applicable
application for an RCF LC, the RCF LC Issuer may, in its sole discretion, agree to issue an RCF LC that has automatic extension provisions (each, an “Auto-Extension RCF LC”); provided that any such Auto-Extension RCF LC must permit the RCF
LC Issuer to prevent any such extension at least once in each twelve-month period (commencing with the date of issuance of such RCF LC) by giving prior notice to the beneficiary thereof not later than a day (the “Non-Extension Notice
Date”) in each such twelve-month period to be agreed upon at the time such RCF LC is issued. Once an Auto-Extension RCF LC has been issued, the Revolving Credit Lenders shall be deemed to have authorized (but may not require) the RCF LC Issuer
to permit the extension of such RCF LC at any time to an expiry date not later than the date that is five Business Days prior to the Revolving Credit Commitment Termination Date; provided, however, that the RCF LC Issuer shall not permit any such
extension if (A) the RCF LC Issuer has determined that it would not be permitted, or would have no obligation, at such time to issue such RCF LC in its revised form (as extended) under the terms hereof (by reason of the provisions of clause
(ii) or (iii) of Section 2.05(c) or otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is seven Business Days before the Non-Extension Notice Date from the Administrative
Agent, any Revolving Credit Lender or any Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied, and in each such case directing the
RCF LC Issuer not to permit such extension. 

  
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 (iii) To
request the issuance of an AUD LC (or the amendment, renewal or extension of an outstanding AUD LC), GEO shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so have been approved by the respective AUD
LC Issuer) to an AUD LC Issuer selected by it and the Administrative Agent a notice, in a form approved by the Administrative Agent and signed by the Borrower (an “AUD LC Request”), requesting the issuance of an AUD LC, or
identifying the AUD LC to be renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such AUD LC is to expire (which shall not be earlier than one year after
issuance thereof, except as required by Section 2.05(d)), the amount of such AUD LC, whether such AUD LC is to be an AUD FLOC or an AUD PLOC, the name and address of the beneficiary thereof, whether such AUD LC is requested on a Competitive
Bid basis and such other information as shall be necessary to prepare, renew or extend such AUD LC. Such notice shall be given to the Administrative Agent not later than 10:00 a.m., New York City time, four Business Days before the date of the
proposed issuance, amendment, renewal or extension (the “AUD LC Request Time”). The AUD LC Issuer shall promptly notify each Australian LC Facility Lender of the AUD LC Issuer’s receipt of any AUD LC Request, furnish to such
Lenders a copy of such AUD LC Request and take such other actions in respect of such AUD LC Request as are provided in Section 2.05(l). 

(iv) If requested by the applicable Issuing Lender, the
Borrowers, with respect to any RCF LC, or GEO, with respect to any AUD LC, shall also submit a Letter of Credit application on such Issuing Lender’s standard form in connection with any request for a Letter of Credit. 

(v) 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 the Borrower or GEO, as applicable, to, or entered into by the Borrowers or GEO, as
applicable, with, an Issuing Lender relating to any Letter of CreditDocuments, the terms and conditions of this Agreement shall control. 

(c) Limitations.  

(i) Limitations. An RCF LC shall be issued, amended, renewed or extended only
if, after giving effect to such issuance, amendment, renewal or extension, (A) the aggregate RCF LC Exposure
shall not exceed $175,000,000 and300,000,000, (B) the sum of the total Revolving Credit
Exposure plus the aggregate outstanding principal amount of Multicurrency Subfacility Loans shall not exceed the total Revolving Credit
Commitments, and (C) the sum of any Revolving Credit Lender’s Revolving Credit Exposure plus the outstanding principal amount of such Lender’s Multicurrency Subfacility Loans
(if any) shall not exceed such Lender’s Revolving Credit Commitment (and upon issuance, amendment, renewal or extension of each RCF LC the Borrowers shall be deemed to represent and warrant as to the
sameforegoing). 

(ii) An AUD LC shall be issued, renewed or extended only if,
after giving effect to such issuance, amendment, renewal or extension, (A) the aggregate AUD LC Exposure shall not exceed
(x) on or prior to the AUD PLOC Maturity Date, A$225,000,000, and (y) after the AUD PLOC Maturity Date,
A$125,000,000 and, solely with respect to the issuance, amendment, renewal or extension of any AUD FLOC, the aggregate AUD LC Exposure in respect of AUD FLOCs shall not exceed
(x) on or prior to the AUD PLOC Maturity Date, A$130,000,000, and (y) after the AUD PLOC Maturity Date,
A$125,000,000, and (B) no Australian LC Facility Lender’s AUD LC Exposure shall exceed such Lender’s Australian LC Facility Commitment (and upon issuance, amendment, renewal or extension of each AUD LC, GEO shall be deemed to
represent and warrant as to the sameforegoing). 

  
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 (iii) Any Issuing
Lender shall not be under any obligation to issue any Letter of Credit if any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain such Issuing Lender from issuing such Letter of
Credit, or any law applicable to such Issuing Lender or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over such Issuing Lender shall prohibit, or request that such Issuing Lender
refrain from, the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon such Issuing Lender with respect to such Letter of Credit any restriction, reserve or capital requirement (for which such Issuing
Lender is not otherwise compensated hereunder) not in effect on the Third Amendment Effective Date, or shall impose upon such Issuing Lender any unreimbursed loss, cost or expense which was not applicable on the Third Amendment Effective Date and
which such Issuing Lender in good faith deems material to it.  
 (d) Expiration Date. Each RCF LC shall expire at or prior to
the close of business on the earlier of (i) the date reasonably satisfactory to the applicable RCF LC Issuer and (ii) the date that is five Business Days prior to the Revolving Credit Commitment Termination Date; provided, that such
date may be later than the date that is five Business Days prior to the Revolving Credit Commitment Termination Date if and so long as such RCF LC is cash collateralized no later than such fifth prior Business Day in accordance with
Section 2.05(k). 
 Each AUD LC shall expire at or prior to the close of business on the earlier of (i) the date reasonably
satisfactory to the applicable AUD LC Issuer (which date shall be no earlier than (x) in the case of any AUD FLOC, the first anniversary of the issuance thereof, or (y) in the case of any AUD PLOC, the earliest expiration date acceptable
to the beneficiary thereof at the time the AUD LC Request in respect of such AUD PLOC is made pursuant to Section 2.05(b), as represented to the Administrative Agent and the AUD LC Issuer by GEO in writing at such time) and (ii) the
date that is five Business Days prior to (x) the AUD PLOC Maturity Date, in the case of any AUD PLOC, or
(y) the Australian LC Facility Termination Date, in the case of any AUD PLOC, or (y) the AUD FLOC Maturity Date, in the case of any AUD FLOC; provided that such date may be later than the
date that is five Business Days prior to the AUD PLOC Maturity Date or the Australian LC Facility Termination Date or the AUD FLOC Maturity Date, as applicable, if
and so long as such AUD LC is cash collateralized no later than such fifth prior Business Day in accordance with Section 2.05(k). 

(e) Participations. 

(i) By the issuance of an RCF LC (or an amendment to an RCF LC increasing the amount thereof) by any RCF LC Issuer, and without
any further action on the part of such RCF LC Issuer or the Lenders, such RCF LC Issuer hereby grants to each Revolving Credit Lender, and each Revolving Credit Lender hereby acquires from such RCF LC Issuer, a participation in such RCF LC equal to
such Revolving Credit Lender’s Applicable Percentage of the aggregate amount available to be drawn under such RCF LC. Each Revolving Credit Lender acknowledges and agrees that its obligation to acquire participations pursuant to this
Section 2.05(e)(i) in respect of RCF LCs is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any RCF LC or the occurrence and continuance of a Default
or reduction or termination of the Commitments. 

  
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 (ii) In consideration and in furtherance of the foregoing, each Revolving Credit
Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of the respective RCF LC Issuer, such Revolving Credit Lender’s
Applicable Percentage of the Dollar Equivalent of each RCF LC Disbursement made by an RCF LC Issuer promptly upon the request of such RCF LC Issuer at any time from the time of such RCF LC Disbursement until such RCF LC Disbursement is reimbursed by
the Borrowers or at any time after any reimbursement payment is required to be refunded to the Borrowers for any reason. Such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each such payment shall be made
in the same manner as provided in Section 2.06 with respect to Loans made by such Revolving Credit Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Revolving Credit Lenders), and the Administrative
Agent shall promptly pay to the respective RCF LC Issuer the amounts so received by it from the Revolving Credit Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrowers pursuant to Section 2.05(f), the
Administrative Agent shall distribute such payment to the respective RCF LC Issuer or, to the extent that the Revolving Credit Lenders have made payments pursuant to this paragraph to reimburse such RCF LC Issuer, then to such Revolving Credit
Lenders and such RCF LC Issuer as their interests may appear. Any payment made by a Revolving Credit Lender pursuant to this paragraph to reimburse an RCF LC Issuer for any RCF LC Disbursement shall not constitute a Loan and shall not relieve the
Borrowers of their obligation to reimburse such RCF LC Disbursement. 
 (iii) By the issuance of an AUD LC by any AUD LC
Issuer, and without any further action on the part of such AUD LC Issuer or the Lenders, such AUD LC Issuer hereby grants to each Australian LC Facility Lender or, if such AUD LC is a Competitive AUD LC, each Competitive Australian LC Facility
Lender in respect of such Competitive AUD LC, and each such Lender hereby acquires from such AUD LC Issuer, a participation in such AUD LC equal to such Australian LC Facility Lender’s Applicable Percentage of the aggregate amount available to
be drawn under such AUD LC or, in the case of a Competitive AUD LC, a participation in such Competitive AUD LC equal to such Competitive Australian LC Facility Lender’s Competitive AUD LC Percentage of the aggregate amount available to be drawn
under such Competitive AUD LC. Each Australian LC Facility Lender acknowledges and agrees that its obligation to acquire participations pursuant to this Section 2.05(e)(iii) in respect of AUD LCs is absolute and unconditional and
shall not be affected by any circumstance whatsoever, including any renewal or extension of any AUD LC or the occurrence and continuance of a Default or reduction or termination of the applicable Commitments. 

(iv) In consideration and in furtherance of the foregoing, each Australian LC Facility Lender hereby absolutely and
unconditionally agrees to pay to the Administrative Agent, for the account of the respective AUD LC Issuer, such Australian LC Facility Lender’s Applicable Percentage or
Competitive AUD LC Percentage, as the case may be, of each AUD LC Disbursement made by an AUD LC Issuer in respect of an AUD LC in which such Australian LC Facility Lender has acquired a participation pursuant to Section 2.05(e)(iii) (or
pursuant to Section 2.18 or otherwise) within two Business Days following the request of such AUD LC Issuer at any time from the time of such AUD LC Disbursement until such AUD LC Disbursement is reimbursed by GEO or at any time after
any reimbursement payment is required to be refunded to GEO for any reason. Such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each such payment shall be made in the same manner as provided in Section
2.06 with respect to Loans made by Lenders (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Australian LC Facility Lenders), and the Administrative Agent shall promptly pay to the respective
AUD LC Issuer the amounts so received by it from the Australian LC Facility Lenders. Promptly following receipt by the Administrative Agent of any payment from GEO pursuant to Section 2.05(f), the Administrative

  
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Agent shall distribute such payment to the respective AUD LC Issuer or, to the extent that the Australian LC Facility Lenders have made payments pursuant to this paragraph to reimburse such AUD
LC Issuer, then to such Australian LC Facility Lenders and such AUD LC Issuer as their interests may appear. Any payment made by a Australian LC Facility Lender pursuant to this paragraph to reimburse an AUD LC Issuer for any AUD LC Disbursement
shall not constitute a loan to GEO and shall not relieve GEO of its obligation to reimburse such AUD LC Disbursement. 
 (f)
Reimbursement. If an RCF LC Issuer shall make any RCF LC Disbursement in respect of an RCF LC, the Borrowers shall reimburse such RCF LC Issuer in respect of such RCF LC Disbursement by paying to the Administrative Agent an amount equal to
the Dollar Equivalent of such RCF LC Disbursement not later than 4:00 p.m., New York City time, on (i) the Business Day that any Borrower receives notice of such RCF LC Disbursement, if such notice is received prior to 11:00 a.m., New York City
time, or (ii) the Business Day immediately following the day that any Borrower receives such notice, if such notice is not received prior to such time, provided that, if the Dollar Equivalent of such RCF LC Disbursement is not less than
$1,000,000, the Borrowers may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 or Section 2.04 that such payment be financed with a Revolving Credit ABR Borrowing or Swingline
Loan in an equivalent amount and, to the extent so financed, the Borrowers’ obligation to make such payment shall be discharged and replaced by the resulting Revolving Credit ABR Borrowing or Swingline Loan. If the Borrowers fail to make such
payment when due, the Administrative Agent shall notify each Revolving Credit Lender of the applicable RCF LC Disbursement, the payment then due from the Borrowers in respect thereof and such Revolving Credit Lender’s Applicable Percentage of
the Dollar Equivalent thereof. 
 If an AUD LC Issuer shall make any AUD LC Disbursement in respect of an AUD LC, GEO shall reimburse such
AUD LC Issuer in respect of such AUD LC Disbursement by paying to the Administrative Agent the amount of such AUD LC Disbursement not later than 4:00 p.m., New York City time, on the fifth Business Day following the day that GEO receives notice of
such AUD LC Disbursement. If GEO fails to make such payment when due, the Administrative Agent shall notify each Australian LC Facility Lender (or, in the case of an AUD LC Disbursement in respect of a Competitive AUD LC, each Australian LC Facility
Lender with a participation in the relevant Competitive AUD LC) of the applicable AUD LC Disbursement, the payment then due from GEO in respect thereof and such Australian LC Facility Lender’s Applicable Percentage or Competitive AUD LC
Percentage thereof, as applicable. Notwithstanding anything in this Agreement to the contrary, and in addition to (and without limiting) any provision of Section 9.02, no subordination of any obligation of GEO to reimburse the AUD LC
Issuer pursuant to this Section 2.05(f) for any AUD LC Disbursement shall be effective without the prior written consent of each Australian LC Facility Lender. 

(g) Obligations Absolute. The Borrowers’ or GEO’s, as applicable, obligations to reimburse LC Disbursements as provided in
Section 2.05(f) 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 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 in such draft or other
document being untrue or inaccurate in any respect, (iii) payment by the respective Issuing Lender under a Letter of Credit against presentation of a draft or other document that does not comply strictly 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 2.05(g), constitute a legal or equitable discharge of, or provide a right of
setoff against, the Borrowers’ or GEO’s, as applicable, obligations hereunder. 

  
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 Neither the Administrative Agent, the Lenders nor any Issuing Lender, 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 by the respective Issuing Lender 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) or any error in interpretation of technical terms or any consequence arising from causes beyond the control of any Issuing Lender; provided that the foregoing shall not be construed to excuse an Issuing
Lender from liability to the Borrowers, with respect to any RCF LC, or GEO, with respect to any AUD LC, to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are hereby waived by the Borrowers and GEO,
as applicable, to the extent permitted by applicable law) suffered by the Borrowers, or GEO, as applicable, that are caused by such Issuing Lender’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 an Issuing Lender (as finally determined by a court of competent jurisdiction), such
Issuing Lender shall be deemed to have exercised care in each such determination, and that: 
 (i) any Issuing Lender may
accept documents that appear on their face to be in substantial compliance with the terms of a Letter of Credit without responsibility for further investigation, regardless of any notice or information to the contrary, and may make payment upon
presentation of documents that appear on their face to be in substantial compliance with the terms of such Letter of Credit; 

(ii) any Issuing Lender shall have the right, in its sole discretion, to decline to accept such documents and to decline to
make such payment if such documents are not in strict compliance with the terms of such Letter of Credit; and 
 (iii) this
sentence shall establish the standard of care to be exercised by each Issuing Lender when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof (and the parties hereto hereby waive, to the
extent permitted by applicable law, any standard of care inconsistent with the foregoing). 
 (h) Disbursement Procedures. The Issuing
Lender for any Letter of Credit shall, within a reasonable time following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. Such Issuing Lender shall promptly after such examination
notify the Administrative Agent and GEO in writing of such demand for payment and whether such Issuing Lender has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not
relieve the Borrowers or GEO, as applicable, of their respective obligations to reimburse such Issuing Lender and the Lenders with respect to any such LC Disbursement. 

(i) Interim Interest. If the Issuing Lender for any Letter of Credit shall make any LC Disbursement, then, unless the Borrowers shall
reimburse such LC Disbursement in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Borrowers
reimburse such LC Disbursement, at the rate per annum equal to, (i) in the case of any RCF LC Disbursement, the rate per annum then applicable to Revolving Credit ABR Loans, and (ii) in the case of any AUD LC Disbursement, the AUD Rate
plus the applicable Maximum AUD LC Fee Rate then in effect; provided that, if the Borrowers, in the case of any RCF LC Disbursement, or GEO, in the case of any AUD LC Disbursement, fails to reimburse such applicable LC Disbursement
when due pursuant to Section 2.05(f), then Section 2.12(c) shall apply. Interest accrued pursuant to this Section 2.05(i) shall be for the account of
the applicable Issuing Lender, except that interest accrued on and after the date of payment by any Lender pursuant to Section 2.05(f) to reimburse such Issuing Lender shall be for
the account of such Lender to the extent of such payment. 

  
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 (j) Replacement of an Issuing Lender. Any Issuing Lender may be replaced at any time by
written agreement between GEO, the Administrative Agent, the replaced Issuing Lender and the successor Issuing Lender. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Lender. At the time any such replacement
shall become effective, the applicable Borrowers shall pay all unpaid fees accrued for the account of the replaced Issuing Lender pursuant to Section 2.11(b) or
(d), as applicable. From and after the effective date of any such replacement, (i) the successor Issuing Lender shall have all the rights and obligations of an Issuing Lender under this Agreement with respect to Letters of Credit to be
issued by it thereafter and (ii) references herein to the term “RCF LC Issuer”, “AUD LC Issuer” or “Issuing Lender” shall be deemed to include, as applicable, such successor or any previous Issuing Lender, or such
successor and all previous Issuing Lenders, as the context shall require. After the replacement of an Issuing Lender hereunder, the replaced Issuing Lender shall remain a party hereto and shall continue to have all the rights and obligations of an
Issuing Lender 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. 

(k) Cash Collateralization. If (i) any Event of Default shall occur and be continuing, on the Business Day that GEO receives notice
from the Administrative Agent or the Required Lenders of the Revolving Credit Loans (or, if the maturity of the Loans has been accelerated, Revolving Credit Lenders with RCF LC Exposure representing more than 50% of the total RCF LC Exposure)
demanding the deposit of cash collateral, (ii) the Borrowers shall be required to provide cover for RCF LC Exposure pursuant to Section 2.10(c), or (iii) GEO shall elect to extend the expiration date of any RCF LC pursuant to
Section 2.05(d), the Borrowers shall immediately deposit into a cash collateral account established at a banking institution selected by the Administrative Agent (the “RCF Collateral Account”), which account may be a
“securities account” (within the meaning of Section 8-501 of the UCC as in effect in the State of New York), in the name of the Administrative Agent and for the benefit of the Revolving Credit Lenders, an amount in cash equal to,
105%, in the case of clause (i) of this sentence, or 103%, in the case of clause (ii) or clause (iii) of this sentence, of the Dollar Equivalent of the RCF LC Exposure as of such date plus any accrued and unpaid interest
thereon and, in the case of cover pursuant to Section 2.10(c), the amount required under Section 2.10(c), provided that 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, upon the occurrence of any Event of Default with respect to either Borrower described in Sections 7.01(h) or (i). Such deposit shall be
held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrowers under this Agreement in respect of the Lenders’ RCF LC Exposure and the other amounts contemplated by this paragraph. 

If (i) any Event of Default shall occur and be continuing, on the Business Day that GEO receives notice from the Administrative Agent or
the Required Lenders of the Australian LC Facility Commitments (or, if the maturity of the Loans has been accelerated, Australian LC Facility Lenders with AUD LC Exposure representing more than 50% of the total AUD LC Exposure) demanding the deposit
of cash collateral, (ii) GEO shall be required to provide cover for AUD LC Exposure, or (iii) GEO shall elect to extend the expiration date of any AUD LC pursuant to Section 2.05(d), GEO shall immediately deposit into a cash
collateral account established at a banking institution selected by the Administrative Agent (the “AUD Collateral Account” and, together with the RCF Collateral Account, the “Collateral Accounts”), which account may
be a “securities account” (within the meaning of Section 8-501 of the UCC as in effect in the State of New York), in the name of the Administrative Agent and for the benefit of the Australian LC Facility Lenders, an amount in cash
equal to, 105%, in the case of clause (i) of this sentence, or 103%, in the case of clause (ii) or clause (iii) of this sentence, of the AUD LC Exposure as of such date plus any accrued and unpaid interest thereon, provided that the
obligation to deposit such cash 

  
 50 

 
collateral shall become effective immediately, and such deposit shall become immediately due and payable, without demand or other notice of any kind, upon the occurrence of any Event of Default
with respect to either Borrower described in Sections 7.01(h) or (i). Such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of GEO under this Agreement in respect
of the Lenders’ AUD LC Exposure and the other amounts contemplated by this paragraph. 
 The Administrative Agent shall have exclusive
dominion and control, including the exclusive right of withdrawal, over the Collateral Accounts. Other than any interest earned on the investment of such deposits, which investments shall be made at the option and sole discretion of the
Administrative Agent and at the Borrowers’ risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in the Collateral Accounts. Moneys in (i) the RCF Collateral Account
shall be applied by the Administrative Agent to reimburse each RCF LC Issuer for RCF LC Disbursements for which it has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the
Borrowers for the RCF LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of all Lenders with RCF LC Exposure), be applied to satisfy other obligations of the Borrowers under this Agreement and
(ii) the AUD Collateral Account shall be applied by the Administrative Agent to reimburse each AUD LC Issuer for AUD LC Disbursements for which it has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of
the reimbursement obligations of GEO for the AUD LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of all Lenders with AUD LC Exposure), be applied to satisfy other obligations of GEO under
this Agreement. If the Borrowers or GEO are required to provide an amount of cash collateral hereunder as a result of (i) the occurrence of an Event of Default, (ii) pursuant to Section 2.10(c)(ii) or (iii) pursuant to
Section 2.05(d), such amount (to the extent not applied as aforesaid) shall be returned to GEO within three Business Days after all Events of Default have been cured or waived (in the case of clause (i) of this sentence), as
provided in said Section 2.10(c)(ii) (in the case of clause (ii) of this sentence) or after the termination of the applicable Letter of Credit (in the case of clause (iii) of this sentence). 

(l) Competitive AUD LCs. 

(i) Requests for AUD LC Bids by GEO. Subject to the terms and conditions set forth herein, from time to time during the
AUD LC Availability Period, GEO may request (in accordance with Section 2.05(b)) the issuance, amendment, renewal or extension of AUD LCs on a Competitive Bid basis. To request Competitive Bids, GEO shall notify the Administrative Agent
of such request pursuant to an AUD LC Request submitted not later than the AUD LC Request Time and otherwise in accordance with Section 2.05(b). Promptly following receipt of an AUD LC Request requesting the issuance, amendment, renewal
or extension of a Competitive AUD LC (a “Competitive Bid Request”) in accordance with this Section 2.05(l)(i), and in any event no later than 10:00 a.m., New York City time on the Business Day immediately following such
AUD LC Request Time (i.e., three Business Days before the date of the proposed issuance, amendment, renewal or extension of the relevant AUD LC), the Administrative Agent shall notify the Australian LC Facility Lenders of the details of such
Competitive Bid Request, inviting such Lenders to submit Competitive Bids. 
 (ii) Making of Competitive Bids by
Lenders. Each Australian LC Facility Lender may (but shall not have any obligation to) make up to three Competitive Bids in response to a Competitive Bid Request. Each Competitive Bid by a Lender must be substantially in the form of Exhibit
E hereto (or such other form approved by the Administrative Agent), must be received by the Administrative Agent not later than 5:00 p.m., New York City time, three Business Days before the date of the proposed issuance, amendment, renewal or
extension of the relevant AUD LC and shall be irrevocable. Competitive Bids that do not conform substantially to 

  
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Exhibit E hereto (or such other form approved by the Administrative Agent) may be rejected by the Administrative Agent, and the Administrative Agent shall notify the applicable Lender
thereof as promptly as practicable. Each Competitive Bid shall specify (i) the principal amount (which shall be a minimum of A$5,000,000 and an integral multiple of A$1,000,000, and which may (x) be less than or equal to (but shall not
exceed) the entire principal amount of the Competitive AUD LC requested by GEO and (y) exceed the amount of such Lender’s Australian LC Facility Commitment; provided that the total AUD LC Exposure shall not at any time exceed the
total Australian LC Facility Commitments) of the Competitive AUD LC in which the Lender is willing to participate and (ii) the minimum Competitive Bid Offered Rate(s) at which the Lender is prepared to participate in such Competitive AUD LC or
such amended, renewed or extended Competitive AUD LC (expressed as a percentage rate per annum in the form of a decimal to no more than four decimal places). 

(iii) Notification of Bids by Administrative Agent. The Administrative Agent shall promptly notify GEO in writing of the
Competitive Bid Offered Rate and the amount specified in each Competitive Bid and the identity of the Lender that shall have made such Competitive Bid. 

(iv) Acceptance of Bids. Subject only to the provisions of this paragraph, bids shall be accepted by the Administrative
Agent if, and only if, the aggregate amount of Competitive Bids made by Lenders equals or exceeds the face amount of the applicable AUD LC requested by GEO in the related Competitive Bid Request. The Administrative Agent shall accept Competitive
Bids made at the lowest Competitive Bid Offered Rate until it has accepted all the Competitive Bids made at such Competitive Bid Offered Rate or, if earlier, until the aggregate amount of the Competitive Bids accepted at such Competitive Bid Offered
Rate equals the face amount of the requested Competitive AUD LC specified in the related Competitive Bid Request (and, for this purpose, if the aggregate amount of the Competitive Bids made at the same Competitive Bid Offered Rate exceeds the face
amount of the requested Competitive AUD LC specified in the related Competitive Bid Request, such Competitive Bids shall be accepted in part, which acceptance shall be made pro rata in accordance with the amount of each such Competitive
Bid). If the aggregate amount of the Competitive Bids accepted at the lowest Competitive Bid Offered Rate is less than the face amount of the requested Competitive AUD LC specified in the related Competitive Bid Request, the Administrative
Agent shall accept Competitive Bids made at successively higher Competitive Bid Offered Rates until it has accepted all the Competitive Bids made at the next lowest Competitive Bid Offered Rate such that at such next lowest Competitive Bid Offered
Rate or, if earlier, until the aggregate amount of the Competitive Bids accepted at such next lowest Competitive Bid Offered Rate, together with the aggregate amount of the Competitive Bids accepted at all lower Competitive Bid Offered Rates, equals
the face amount of the requested Competitive AUD LC specified in the related Competitive Bid Request (and, for this purpose, if the aggregate amount of the Competitive Bids made at the same next lowest Competitive Bid Offered Rate, when added to the
aggregate amount of the Competitive Bids accepted at all lower Competitive Bid Offered Rates, exceeds the face amount of the requested Competitive AUD LC specified in the related Competitive Bid Request, such Competitive Bids made at such next
lowest Competitive Bid Offered Rate shall be accepted in part, which acceptance shall be made pro rata in accordance with the amount of each such Competitive Bid). The highest Competitive Bid Offered Rate so accepted for a given Competitive Bid
Request, or such higher rate as may be applicable in accordance with the next succeeding sentence, shall be the “Applicable Competitive AUD LC Rate” applicable to the entire AUD LC Exposure for the AUD LC specified in such
Competitive Bid Request (irrespective of the fact that Competitive Bids may have been made and accepted at lower Competitive Bid Offered Rates). With respect to each Competitive Bid Request, the Administrative Agent shall promptly notify GEO of the
results thereof. Notwithstanding the results of any Competitive Bid Request or 

  
 52 

 
anything to the contrary herein, GEO may elect, by written notice to the Administrative Agent prior to notification of Lenders pursuant to Section 2.05(l)(v) in respect of such
Competitive Bid Request, to allocate participations in the applicable Competitive AUD LC in its discretion among Australian LC Facility Lenders; provided that (i) no Australian LC Facility Lender may, without its consent, be allocated a
participation in a Competitive AUD LC at a particular Competitive Bid Offered Rate in an amount that exceeds the aggregate amount of the Competitive Bids made by such Australian LC Facility Lender in connection with such Competitive Bid Request at
such Competitive Bid Offered Rate or any lower Competitive Bid Offered Rate and (ii) a single rate shall be applicable to the entire AUD LC Exposure for such Competitive AUD LC and such rate may be higher (but shall not be lower) than the
Competitive Bid Offered Rate that would otherwise be applicable pursuant to the results of such Competitive Bid Request. 

(v) Notification of Acceptances by Administrative Agent. With respect to each Competitive Bid Request, the
Administrative Agent shall promptly notify GEO and each Australian LC Facility Lender in writing whether the aggregate amount of Competitive Bids made by Australian LC Facility Lenders equals or exceeds the face amount of the applicable AUD LC
requested by GEO in such Competitive Bid Request and, if so, shall notify GEO and each Australian LC Facility Lender whether such Australian LC Facility Lender shall have a participation in the applicable Competitive AUD LC (and, if so, the amount
of such participation, after giving effect to any reallocation by GEO in accordance with the last sentence of Section 2.05(l)(iv)) and the Applicable Competitive AUD LC Rate, and each such Australian LC Facility Lender (such Lender, in
respect of such Competitive AUD LC, a “Competitive Australian LC Facility Lender” and the amount of such Lender’s participation in such Competitive AUD LC as a percentage of the face amount of such Competitive AUD LC, such
Lender’s “Competitive AUD LC Percentage” with respect to such Competitive AUD LC) will thereupon become bound, subject to the terms and conditions hereof, to participate in the Competitive AUD LC in such amount. 

(vi) Competitive Bids by Administrative Agent. If the Administrative Agent shall elect to submit a Competitive Bid in
its capacity as a Lender, it shall submit such Competitive Bid directly to GEO at least one hour earlier than the time by which the other Lenders are required to submit their Competitive Bids to the Administrative Agent pursuant to
Section 2.05(l)(ii). 
 (m) Applicability of ICP and UCP. Unless
otherwise expressly agreed by the Issuing Lender and GEO when a Letter of Credit is issued, (i) the rules of the ISP shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary
Credits, as most recently published by the International Chamber of Commerce at the time of issuance shall apply to each commercial Letter of Credit. 

Section 2.06 Funding of Borrowings. 

(a) Funding by Lenders. 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 2:00 p.m., New York City 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 willshall make such Loans available to GEO (in the case of Term Loans)
or, the Borrowers (in the case of Revolving Credit Loans, and in the case of Multicurrency Subfacility Loans
requested for the Borrowers) or the relevant Australian Borrower (in the case of Multicurrency Subfacility Loans requested for such Australian Borrower) by promptly crediting the amounts so received, in like funds, to an account of GEO (in
the case of Term Loans) or any Borrower, the Borrowers (in the case of Revolving Credit Loans) maintained with the  

  
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 Administrative Agent in New York City
and, and in the case of Multicurrency Subfacility Loans requested for the Borrowers) or the applicable Australian Borrower (in the case of Multicurrency Subfacility Loans
borrowed by such Australian Borrower) designated by GEO in the applicable Borrowing Request; provided that Revolving Credit ABR Borrowings made to finance the reimbursement of an RCF LC Disbursement as provided in Section
2.05(f) shall be remitted by the Administrative Agent to the respective RCF LC Issuer. 
 (b) Presumption by the Administrative
Agent. 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 Section 2.06(a) and may, in reliance upon such assumption, make available
toa corresponding amount to (i) GEO (in the case of any Term Borrowing) or the,
(ii) the Borrowers (in case of any Revolving Credit Borrowing, and in the case of any Multicurrency Subfacility Borrowing requested for the Borrowers) or (iii) the Australian Borrowers (in the case of any Revolving
CreditMulticurrency Subfacility Borrowing), a corresponding amount requested for such Australian
Borrower). 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 GEO (in the case of any Term Borrowing)
or, the Borrowers (in the case of any Term BorrowingRevolving Credit Borrowing, and in the case
of any Multicurrency Subfacility Borrowing requested for the Borrowers), or the applicable Australian Borrower (in the case of any Multicurrency Subfacility Borrowing requested for such Australian Borrower) severally agree to pay to the
Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to GEO
or, any Borrower or the relevant Australian Borrower, as applicable, to but excluding the date of payment
to the Administrative Agent, at (i) in the case of a payment to be made by such Lender, 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 and (ii) in the case of a payment to be made by GEO or, the Borrowers or any Australian
Borrower, as applicable, the interest rate applicable to ABR Loans. If GEO or (if the Loan included in such Borrowing is denominated in Dollars) or the rate
applicable to such Loan (if the Loan included in such Borrowing is denominated in any Foreign Currency). If GEO, the Borrowers or any Australian Borrower, as applicable, and
such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to GEO (in the case of any such interest in respect of a Term
Borrowing), or the Borrowers (in the case of any such interest in respect of a Revolving Credit Borrowing, or in respect of
any Multicurrency Subfacility Borrowing requested for the Borrowers) or the applicable Australian Borrower (in the case of any such interest in respect of a Multicurrency Subfacility Borrowing requested for such Australian Borrower) the
amount of such interest paid by GEO or, the Borrowers or the applicable Australian Borrower, as
applicable, for such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by GEO
or, the Borrowers or any Australian Borrower, as applicable, shall be without prejudice to any claim
GEO or, the Borrowers or any Australian Borrower, as applicable, may have against a Lender that
shall have failed to make such payment to the Administrative Agent. 
 Section 2.07 Interest Elections. 

(a) Elections by GEO for Syndicated Borrowings. The Loans comprising each Syndicated Borrowing initially shall be of the Type specified
in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have the Interest Period specified in such Borrowing Request. Thereafter, GEO may elect to convert such Borrowing to a Borrowing of a different Type or to continue
such Borrowing as a Borrowing of the same Type and, in the case of a Eurodollar Borrowing, may elect the Interest Period therefor, all as provided in this Section; provided, however, that
(i) a Borrowing  

  
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denominated in one Currency may not be continued as, or converted to, a Borrowing in a different Currency, (ii) no Eurodollar
Borrowing denominated in a Foreign Currency may be continued if, after giving effect thereto, either (x) the sum of the Revolving Credit Exposures plus the aggregate outstanding principal amount of Multicurrency Subfacility Loans would exceed
the aggregate Revolving Credit Commitments or (y) the aggregate outstanding principal amount of Multicurrency Subfacility Loans would exceed the total Multicurrency Subfacility Commitments, and (iii) a Eurodollar Borrowing denominated in a
Foreign Currency may not be converted to a Borrowing of a different Type. GEO 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) Notice of Elections. To make an election pursuant to this Section, GEO shall notify the Administrative Agent of such election by the
time that a Borrowing Request would be required under Section 2.03 if GEO were requesting a Syndicated Borrowing of the Type resulting from such election to be made on the effective date of such election. Each Interest Election Request
shall be irrevocable and shall be in writing in a form approved by the Administrative Agent and signed by GEO. 
 (c) Content of Interest
Election Requests. Each Interest Election Request 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 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) whether, in the case of a Borrowing
denominated in Dollars, the resulting Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; and 
 (iv) if
the resulting Borrowing is a Eurodollar Borrowing, the Interest Period therefor after giving effect to such election, which shall be a period contemplated by the definition of the term “Interest Period” and permitted under
Section 2.02(d). 
 (d) Notice by the Administrative Agent to the Lenders. Promptly following receipt of an Interest
Election Request, the Administrative Agent shall advise each Lender of the details thereof and of such Lender’s portion of each resulting Borrowing. 

(e) Failure to Elect; Events of Default. If GEO fails to deliver a timely and complete Interest Election Request with respect to a
Eurodollar Borrowing prior to the end of the Interest Period therefor, then, unless such Eurodollar Borrowing is repaid as provided herein, GEO shall be deemed to have selected an Interest Period of one month’s duration. 

Notwithstanding any contrary provision hereof, if an Event of Default under Section 7.01(a), (b), (h) or
(i) has occurred and is continuing and the Administrative Agent or the Required Lenders so notifies GEO, then, so long as such Event of Default is continuing (i) no outstanding Syndicated Borrowing
denominated in Dollars may be converted to or continued as a Eurodollar Borrowing and,
(ii) unless repaid, each Eurodollar Borrowing denominated in Dollars shall automatically be converted to a Syndicated ABR Borrowing at the end of the Interest Period
therefor and (iii) no outstanding Eurodollar Borrowing denominated in a Foreign Currency may have an Interest Period
of more than one month’s duration. 

  
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 Section 2.08 Termination and Reduction of Commitments; Increase of Revolving Credit
Commitments; Increase of Multicurrency Subfacility Commitments. 
 (a)
Scheduled Termination. Unless previously terminated, the Revolving Credit Commitments and the Multicurrency Subfacility Commitments shall terminate on the Revolving Credit
Commitment Termination Date and the Incremental Term Loan Commitments of any Series shall terminate on the close of business on the commitment termination date specified in the agreement establishing such Series pursuant to
Section 2.01(cd). 
 (b) Voluntary
Termination or Reduction. GEO may at any time terminate, or from time to time reduce, the Commitments of any Class; provided that (i) except as provided in clause
(v) below, each partial reduction of the Commitments of any Class pursuant to this Section 2.08(b) shall be in an amount that is $3,000,000 or a larger multiple of $1,000,000 (or, in the case of Australian LC Facility
Commitments, A$3,000,000 or a larger multiple of A$1,000,000), (ii) GEO shall not terminate or reduce the Revolving Credit Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Loans
and Multicurrency Subfacility Loans in accordance with Section 2.10, the totalsum of
the Revolving Credit ExposureExposures plus the aggregate outstanding principal amount of Multicurrency Subfacility Loans would exceed the total Revolving
Credit Commitments, and (iii) GEO shall not terminate or reduce the Multicurrency Subfacility Commitments if, after giving effect to any concurrent prepayment of
Multicurrency Subfacility Loans in accordance with Section 2.10, the total outstanding principal amount of Multicurrency Subfacility Loans would exceed the total Multicurrency Subfacility Commitments, (iv) any termination of the Revolving
Credit Commitments shall result in an automatic termination of the Multicurrency Subfacility Commitments, (v) in the event that any reduction of the Revolving Credit Commitments would otherwise result in a Lender’s Multicurrency
Subfacility Commitment exceeding its Revolving Credit Commitment, then upon such reduction of the Revolving Credit Commitments, such Lender’s Multicurrency Subfacility Commitment shall be automatically reduced to an amount equal to its
Revolving Credit Commitment, and (vi) GEO shall not terminate or reduce the Australian LC Facility Commitments if the total AUD LC Exposure would exceed the total Australian LC Facility Commitments. 

(c) Notice of Voluntary Termination or Reduction. GEO shall notify the Administrative Agent of any election to terminate or reduce the
Commitments of any Class under Section 2.08(b) 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 GEO pursuant to this Section shall be irrevocable; provided that a notice of termination of the Incremental Term Loan Commitments, the
Revolving Credit Commitments, the Multicurrency Subfacility Commitments or the Australian LC Facility Commitments delivered by GEO may state that such notice is conditioned upon the
receipt of funds under other credit facilities, the effectiveness of other credit facilities or pursuant to an Equity Issuance, in which case such notice may be revoked by GEO (by notice to the Administrative Agent on or prior to the specified
effective date) if such condition is not satisfied. 
 (d) Effect of Termination or Reduction. Any termination or reduction of the
Commitments of any Class shall be permanent. EachExcept as provided in Section 2.08(b)(v), each reduction of the Commitments of any Class shall be made ratably
among the Lenders in accordance with their respective Commitments of such Class. 
 (e) Increase of the Revolving Credit Commitments.

  
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 (i) Requests for Increase. GEO may, from time to time at any time prior to
the Revolving Credit Commitment Termination Date, propose that the Revolving Credit Commitments be increased (each such proposed increase being a “Revolving Credit Commitment Increase”) by notice to the Administrative Agent,
specifying each existing Lender (each an “Increasing Lender”) and/or each additional lender (each an “Assuming Lender”) that shall have agreed (in its sole discretion) to increase or to assume a Revolving Credit
Commitment and the date on which such increase or assumption is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least three Business Days after delivery of such notice and at least 30 days
prior to the Revolving Credit Commitment Termination Date; provided that: 
 (A) the minimum amount of any such
increase shall be (1) $20,000,000 or a larger multiple of $1,000,000 or (2) any other amount consented to by the Administrative Agent, and the minimum amount of the Revolving Credit Commitment of any Assuming Lender, and the minimum amount
of the increase of the Revolving Credit Commitment of any Increasing Lender, as part of such Revolving Credit Commitment Increase shall be $5,000,000 or a larger multiple of $1,000,000 in excess thereof; 

(B) the aggregate principal amount of all Incremental Term Loan Commitments established after the Second
RestatementThird Amendment Effective Date plus the aggregate principal amount of all Revolving Credit Commitment Increases obtained after the Second
RestatementThird Amendment Effective Date shall not exceed $350,000,000450,000,000;

 (C) GEO shall have delivered to the Administrative Agent a certificate of GEO stating on such Commitment Increase Date
that (i) no Default has occurred and is continuing and (ii) the representations and warranties contained in this Agreement are true and correct in all material respects as if made on and as of such date (or, if any such representation or
warranty is expressly stated to have been made as of a specific date, as of such specific date); and 

(D) each Assuming Lender shall be acceptable to the Administrative Agent, each RCF LC Issuer and each
Swingline Lender in the reasonable exercise of their discretion.; and 

(D) if such Commitment Increase Date is a Mortgage Amendment Trigger
Date, GEO shall be in compliance with Section 5.11(b) as of such date. 
 (ii) Effectiveness of Revolving
Credit Commitment Increase. Each Assuming Lender, if any, shall become a Revolving Credit Lender hereunder as of such Commitment Increase Date and the Revolving Credit Commitment of any Increasing Lender and such Assuming Lender shall be
increased as of such Commitment Increase Date; provided that: 
 (A) the Administrative Agent shall have
received on or prior to 11:00 a.m., New York City time, on such Commitment Increase Date (or on or prior to a time on an earlier date specified by
the Administrative Agent in its reasonable discretion) a certificate of a duly authorized officer of GEO stating that each of the applicable conditions to such Revolving Credit Commitment Increase set forth in
Section 2.08(e)(i)(C) have been satisfied;[reserved]; 

  
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 (B) each Assuming Lender or Increasing Lender shall have delivered to the
Administrative Agent, on or prior to 11:00 a.m., New York City time on such Commitment Increase Date (or on or prior to a later time on
such date, or on an earlier date, in each case specified by the Administrative Agent in its reasonable discretion),
an agreement, in form and substance reasonably satisfactory to GEO and the Administrative Agent, pursuant to which such Lender shall, effective as of such Commitment Increase Date, undertake a Revolving Credit Commitment or an increase of Revolving
Credit Commitment duly executed by such Assuming Lender and each Borrower and acknowledged by the Administrative Agent; and 

(C) the Administrative Agent shall have received on or prior to 11:00 a.m., New York City time, on such Commitment Increase
Date (or on or prior to a later time on such date, or on an earlier
date, in each case specified by the Administrative Agent in its reasonable discretion) such proof of corporate
action, opinions of counsel and other documents as is consistent with those delivered by the Borrowers pursuant to Section 4.01 and reasonably requested by the Administrative Agent, any Assuming Lender and/or any Increasing Lender in
connection with such Revolving Credit Commitment Increase. 
 Promptly following satisfaction of such conditions, the Administrative Agent
shall notify the Lenders (including any Assuming Lenders) thereof and of the occurrence of the Commitment Increase Date by facsimile transmission or electronic messaging system. 

(iii) Recordation into Register. Upon its receipt of an agreement referred to in clause (ii)(B) above
executed by an Assuming Lender or any Increasing Lender, together with the certificate referred to in
clause (iii)(AC) above and the satisfaction of the
conditions referred to in clause (ii)(C) above, the Administrative Agent shall, if such agreement has been completed, (x) accept such agreement, (y) record the information contained therein in the Register and (z) give
prompt notice thereof to GEO. 
 (iv) Adjustments of Borrowings. On the Commitment Increase Date, the Borrowers shall
(A) prepay in full the outstanding Revolving Credit Loans (if any) made to them, (B) simultaneously borrow new Revolving Credit Loans hereunder in an amount equal to such prepayment and (C) pay to the Revolving Credit Lenders the
amounts, if any, payable under Section 2.14 as a result of any such prepayment; provided that with respect to subclauses (A) and (B) hereinabove, (x) the prepayment to, and borrowing from, any existing
Lender shall be effected by book entry to the extent that any portion of the amount prepaid to such Lender will be subsequently borrowed from such Lender and (y) the existing Lenders, the Increasing Lenders and the Assuming Lenders shall make
and receive payments among themselves, in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Revolving Credit Borrowings are held ratably by the Revolving Credit Lenders in accordance with the respective
Revolving Credit Commitments of the Revolving Credit Lenders (after giving effect to such Revolving Credit Commitment Increase). Concurrently therewith, the Revolving Credit Lenders shall be deemed to have adjusted their participation interests in
any outstanding RCF LCs and Swingline Loans so that such interests are held ratably in accordance with their Revolving Credit Commitments as so increased. 

(f) Increase of the Multicurrency Subfacility Commitments. 

  
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 (i) Requests for
Increase. GEO may, from time to time at any time prior to the Revolving Credit Commitment Termination Date, propose that the Multicurrency Subfacility Commitments be increased (each such proposed increase being a
“Multicurrency Subfacility Commitment Increase”) by notice to the Administrative Agent, specifying each Revolving Credit Lender (each an “Increasing Multicurrency Subfacility
Lender”) that shall have agreed (in its sole discretion) to provide a Multicurrency Subfacility Commitment or to increase its existing Multicurrency Subfacility Commitment and the date on which such provisions or increase is to be effective
(the “Multicurrency Subfacility Commitment Increase Date”), which shall be a Business Day at least three Business Days after delivery of such notice and at least 30 days prior to the Revolving Credit Commitment Termination Date;
provided that: 
 (A) the minimum amount of any such
Multicurrency Subfacility Commitment Increase shall be (1) $20,000,000 or a larger multiple of $1,000,000 or (2) any other amount consented to by the Administrative Agent, and the minimum amount of the new Multicurrency Subfacility
Commitment or increase of its existing Multicurrency Subfacility Commitment provided by any Increasing Multicurrency Subfacility Lender, as part of such Multicurrency Subfacility Commitment Increase shall be $5,000,000 or a larger multiple of
$1,000,000 in excess thereof; 
 (B) immediately after
giving effect to such Multicurrency Subfacility Commitment Increase (and any concurrent Revolving Credit Commitment Increase), (x) the total Multicurrency Subfacility Commitments of all Lenders shall not exceed the total Revolving Credit
Commitments of all Lenders and (y) the Multicurrency Subfacility Commitment of each Increasing Multicurrency Subfacility Lender shall not exceed such Lender’s Revolving Credit Commitment;  

(C) immediately after giving effect to the payments, borrowings and
other actions contemplated by Section 2.08(f)(iv) in respect of such Multicurrency Subfacility Commitment Increase, the sum of each such Multicurrency Subfacility Increasing Lender’s Revolving Credit Exposure plus the outstanding principal
amount of such Lender’s Multicurrency Subfacility Loans shall not exceed such Lender’s Revolving Credit Commitment; and 

(D) GEO shall have delivered to the Administrative Agent a
certificate of GEO stating on such Multicurrency Subfacility Commitment Increase Date that (i) no Default has occurred and is continuing and (ii) the representations and warranties contained in this Agreement are true and correct in all
material respects as if made on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date). 

(ii) Effectiveness of Multicurrency Subfacility Commitment Increase.
The new or increased Multicurrency Subfacility Credit Commitment of any Increasing Multicurrency Subfacility Lender shall be effective as of such Commitment Increase Date; provided that: 

(A) each Increasing Multicurrency Subfacility Lender shall have
delivered to the Administrative Agent, on or prior to 11:00 a.m., New York City time on such Multicurrency Subfacility Commitment Increase Date (or on or prior to a
later time on such date, or on an earlier date, in each case specified by the Administrative Agent in its reasonable
discretion), an agreement, in form and substance reasonably satisfactory to GEO and the Administrative Agent, pursuant to which such Lender shall, effective as of such Multicurrency
Subfacility Commitment Increase Date, undertake a Multicurrency Subfacility Commitment or an increase of its Multicurrency Subfacility Commitment duly executed by such Lender and GEO and
acknowledged by the Administrative Agent; and 

  
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(B)
the Administrative Agent shall have received on such Multicurrency Subfacility Commitment Increase Date (or on an earlier date specified by the Administrative Agent)
such proof of corporate action, opinions of counsel and other documents as is consistent with those delivered by the Borrowers or the Australian Borrowers, as applicable, pursuant to Section 4.01 and reasonably requested by the Administrative
Agent in connection with such Multicurrency Subfacility Commitment Increase. 

Promptly following satisfaction of such conditions, the Administrative Agent shall
notify the Lenders thereof and of the occurrence of the Multicurrency Subfacility Commitment Increase Date. 

(iii) Recordation into Register. Upon its receipt of an agreement
referred to in clause (ii)(B) above executed by an Assuming Lender or any Increasing Lender, together with the certificate referred to in clause (ii)(A) above and the satisfaction of the conditions referred to in clause (ii)(C) above,
the Administrative Agent shall, if such agreement has been completed, (x) accept such agreement, (y) record the information contained therein in the Register and (z) give prompt notice thereof to GEO. 

(iv) Adjustments of Borrowings. On the Multicurrency Subfacility
Commitment Increase Date, the Borrowers or the relevant Australian Borrower (solely as to the Multicurrency Subfacility Loans borrowed by such Australian Borrower) shall (A) prepay in full the outstanding Multicurrency Subfacility Loans (if
any) made to them, (B) simultaneously borrow new Multicurrency Subfacility Loans hereunder in an amount equal to such prepayment and (C) pay to the Multicurrency Subfacility Lenders the amounts, if any, payable under Section 2.14 as a
result of any such prepayment; provided that with respect to subclauses (A) and (B) hereinabove, (x) the prepayment to, and borrowing from, any existing Multicurrency Subfacility Lender shall be effected by book entry to the extent
that any portion of the amount prepaid to such Multicurrency Subfacility Lender will be subsequently borrowed from such Multicurrency Subfacility Lender and (y) the existing Multicurrency Subfacility Lenders and the Increasing Multicurrency
Subfacility Lenders shall make and receive payments among themselves, in a manner acceptable to the Administrative Agent, so that, after giving effect thereto, the Multicurrency Subfacility Loans are held ratably by the Multicurrency Subfacility
Lenders in accordance with the respective Multicurrency Subfacility Commitments of the Multicurrency Subfacility Lenders (after giving effect to such Multicurrency Subfacility Commitment Increase).  

Section 2.09 Repayment of Loans; Evidence of Debt. 

(a) Term Loan Repayment. GEO hereby unconditionally promises to pay the Loans as follows: 

(i) to the Administrative Agent for the account of the Term
Lenders (x) 0.25% of the original principal amount of the Term Loans outstanding as of the First Restatement Effective Date on each Principal Payment Date and (y) the outstanding principal amount of the Term Loans on the Term Loan Maturity
Date; and 

  
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 (ii) to the Administrative Agent for
the account of the Incremental Lenders of any Series, the principal of the Incremental Term Loans of such Series on the dates and in the amounts specified in the agreement
establishing such Series pursuant to Section 2.01(cd). 

(b) Revolving Credit Loans and Multicurrency Subfacility Loans
Repayment. The Borrowers hereby unconditionally promise to pay the Loans as follows: 

(i) the outstanding principal amount of the Revolving Credit
Loans to the Administrative Agent for the account of the Revolving Credit Lenders on the Revolving Credit
Commitment Termination Date;  
 (ii) the outstanding principal amount of the Revolving Credit
LoansMulticurrency Subfacility Loans borrowed by the Borrowers to the Administrative Agent for the account of the Multicurrency Subfacility Lenders on the Revolving Credit
Commitment Termination Date; and 

(iii) (ii) to each the then unpaid
principal amount of each Swingline Loan made by a Swingline Lender to each such Swingline Lender or, to the extent required by Section 2.04(c), to the Administrative Agent
for the account of the Revolving Credit Lenders, the then unpaid principal amount of each Swingline Loan made by such Swingline Lender on the
earlier of the Revolving Credit Commitment Termination Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after such Swingline Loan is made; provided
that on each date that a Revolving Credit Borrowing is made, the Borrowers shall repay all Swingline Loans then outstanding. 

Each Australian Borrower hereby unconditionally promises to pay the
outstanding principal amount of the Multicurrency Subfacility Loans borrowed by such Australian Borrower to the Administrative Agent for the account of the Multicurrency Subfacility Lenders on the Revolving Credit Commitment Termination Date.

 (c) Adjustment of Amortization Schedule. Any prepayment of a Term Loan Borrowing shall be applied to reduce the subsequent
scheduled repayments of the Term Borrowings to be made pursuant to this Section 2.09 (i) in the case of any optional prepayment of Term Loans pursuant to Section 2.10(a), as directed by GEO and (ii) in the case of
any mandatory prepayment of Term Loans pursuant in Section 2.10(b), in direct order of maturity. 
 (d) Manner of Payment.
Prior to any repayment or prepayment of any Borrowings of any Class hereunder, and subject (in the case of a prepayment) to any applicable provisions of Section 2.10, GEO shall select the Borrowing or Borrowings of the applicable Class
to be paid and shall notify the Administrative Agent in writing of such selection not later than 1:00 p.m., New York City time, three Business Days before the scheduled date of such repayment; provided that each repayment of Borrowings of any
Class shall be applied to repay any outstanding ABR Borrowings of such Class before any other Borrowings of such Class. If GEO fails to make a timely selection of the Borrowing or Borrowings to be repaid or prepaid, such payment shall be applied,
first, to pay any outstanding ABR Borrowings of the applicable Class and, second, to other Borrowings of such Class in the order of the remaining duration of their respective Interest Periods (the Borrowing with the shortest remaining Interest
Period to be repaid first). Each payment of a Syndicated Borrowing shall be applied ratably to the Loans included in such Borrowing. 

  
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 (e) Maintenance of Records by Lenders. Each Lender shall maintain in accordance with its
usual practice records evidencing the indebtedness of the Borrowers 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. 

(f) Maintenance of Records by the Administrative Agent. The Administrative Agent shall maintain records in which it shall record
(i) the amount of each Loan made hereunder, the Class and Type thereof and each Interest Period therefor, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrowers to each Lender hereunder
and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

(g) Effect of Entries. The entries made in the records maintained pursuant to Sections 2.09(e) or (f) shall be
prima facie evidence, absent manifest error, of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such records or any error therein
shall not in any manner affect the obligation of the Borrowers to repay the Loans in accordance with the terms of this Agreement. 

(h) Promissory Notes. Any Lender may request that Loans of any Class made by it be evidenced by a Note. In such event, GEO (in
the case of any Term Loan Note) or, the Borrowers (in the case of any Revolving Credit Loan
Note) and in the case of any Multicurrency Subfacility Loan Note in respect of Multicurrency Subfacility Loans borrowed by the Borrowers) or the applicable Australian
Borrower (in the case of any Multicurrency Subfacility Loan Note in respect of Multicurrency Subfacility Loans borrowed by such Australian Borrower), as applicable, shall prepare, execute and deliver to such Lender (with a copy to the
Administrative Agent) a Note payable to such Lender (or, if requested by such Lender, to such Lender and its registered assigns). 

Section 2.10 Prepayment of Loans. 

(a) Optional Prepayments. GEO, the Borrowers or the
Australian Borrowers, as applicable, shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section.
In the event that all or any portion of the Term Loans are repaid, prepaid, replaced, repriced or effectively refinanced through (i) any waiver, consent or amendment the result of which would be the lowering of the effective interest cost or
the weighted average yield of any of the Term Loans or (ii) the incurrence of Indebtedness having an effective interest cost or weighted average yield (taking into account, without limitation, upfront fees, original issue discount, interest
rate spreads and interest rate benchmark floors, but excluding the effect of any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared with all lenders or holders of such new or replacement loans)
that is less than the effective interest cost or weighted average yield of the Term Loans (or portion thereof) so repaid, prepaid, replaced, repriced or refinanced, in each case on or prior to the date that is six months after the First
Restatement Effective Date, such repayment, prepayment, replacement, repricing or refinancing will be made at 101% of the principal amount so repaid, prepaid, refinanced, replaced or
repriced. Any prepayment of Revolving Credit Loans or Multicurrency Subfacility Loans pursuant to this Section 2.10(a) shall be made ratably between such Classes of Loans in accordance
with the respective sums at such time of the aggregate amount of the outstanding Loans of such Class (if any). 
 (b) Mandatory
Prepayments. GEO, the Borrowers or the Australian Borrowers, as applicable, will prepay the Loans, and/or the
Commitments shall be subject to automatic reduction, as follows: 

  
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 (i) Casualty Events. Upon the date 270 days following the receipt by
GEO or any of its Restricted Subsidiaries of the proceeds of insurance, condemnation award or other compensation in respect of any Casualty Event after the First Amendment Effective Date affecting any property of GEO or any of its Restricted
Subsidiaries (or upon such earlier date as GEO or such Restricted Subsidiary, as the case may be, shall have determined not to repair or replace the property affected by such Casualty Event), GEO
orso long as the aggregate amount of Net Available Proceeds of such Casualty Event exceeds $5,000,000, GEO, the
Borrowers or an Australian Borrower (solely as to any Multicurrency Subfacility Loans borrowed by such Australian Borrower), as applicable, shall prepay the Loans, and/or the
Commitments shall be subject to automatic reduction, in an aggregate amount, if any, equal to 100% of the Net Available Proceeds of such Casualty Event not theretofore applied or committed to be applied (and if committed to be applied, not actually
applied within 450 days following the receipt of such proceeds) to the repair or replacement of such property, such prepayment and/or reduction to be effected in each case in the manner and to the extent specified in
Section 2.10(b)(iii). Nothing in this clause (i) shall be deemed to limit any obligation of GEO or any of its Restricted Subsidiaries pursuant to any of the Security Documents to remit to a collateral or similar account
maintained by the Administrative Agent pursuant to any of the Security Documents the proceeds of insurance, condemnation award or other compensation received in respect of any Casualty Event. 

(ii) Sale of Assets. If (A)(x) the Net Available Proceeds of any Disposition (other than in respect of GEO
Care Inc. pursuant to the GEO Care Purchase Agreement) received after the First Restatement Effective Date exceed $2,500,000 and are equal to or less than $50,000,000 and (y) either (I) the Pro Forma Total Leverage Ratio,
calculated as of the consummation of and after giving effect to such Disposition, exceeds 5.25.75:1.00 or (II) the Pro Forma Senior Secured Leverage Ratio,
calculated as of the consummation of and after giving effect to such Disposition, exceeds 3.00:1.00, or (B) the Net Available Proceeds of any Disposition received after the First Restatement Effective Date exceed $50,000,000, then, in each
case, promptly upon the consummation of such Disposition (and in any event within 4 Business Days thereof), GEO or, the
Borrowers or the Australian Borrowers, as applicable, will prepay the Loans, and/or the unused Incremental Term Loan Commitments shall be subject to automatic reduction, in an
aggregate amount equal to 100% of the Net Available Proceeds of such Disposition, such prepayment and/or reduction to be effected in each case in the manner and to the extent specified in Section 2.10(b)(iii). Notwithstanding the
foregoing, GEO or, the Borrowers or the Australian Borrowers, as applicable, shall not be required
to make a prepayment and the unused Incremental Term Loan Commitments shall not be subject to automatic reduction pursuant to this Section 2.10(b)(ii) with respect to the Net Available Proceeds from any Disposition, if (x) no
Default shall have occurred and be continuing on such date or during the Applicable Period (prior to the date the Net Available Proceeds are used or otherwise invested as provided in this sentence) and (y) such Net Available Proceeds are used
for one or more acquisitions or otherwise reinvested in the Permitted Business of the Borrowers and the Restricted Subsidiaries within the Applicable Period (as defined below) for such Disposition (it being understood that Net Available Proceeds
shall be deemed to be used in the same order in which the related Dispositions occurred); provided that any such Net Available Proceeds not so used on or before the last day of the Applicable Period for such Disposition shall be forthwith applied as
provided above. For purposes hereof, “Applicable Period” means, with respect to any Disposition, the period starting on the day such Disposition is consummated and ending on the date falling 270 days thereafter, except that if
GEO or the applicable Restricted Subsidiary agrees in a legally binding commitment to reinvest the Net Available Proceeds from such Disposition (pursuant to the proviso in the immediately preceding sentence) in the construction and equipping of one
or more Facilities on or before such 270th day, the Applicable Period for such Disposition shall be extended automatically by 18 months. Prior to or substantially concurrently with the consummation of any Disposition, GEO shall deliver to the
Administrative Agent (for further distribution to the Lenders) a statement, certified by a Financial Officer of GEO, in form and detail reasonably satisfactory to the Administrative Agent, of the amount of the Net Available

  
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Proceeds of such Disposition (except that such statement shall not be required for any Disposition the Net Available Proceeds of which are less than or equal to $50,000,000); provided
that, for the avoidance of doubt, such certified statement may be supplemented or modified in writing by such Financial Officer solely as to such amount of Net Available Proceeds if and to the extent (and during such time as) a corresponding
supplement or modification shall be delivered by such Financial Officer pursuant to clause (II) of the final proviso to the definition of “Net Available Proceeds” set forth in Section 1.01. 

(iii) Application. Except as otherwise provided in Section 7.02, prepayments and/or reductions of
Commitments pursuant to this Section 2.10(b) shall be applied as follows: 
 first, ratably between the
Term Loans and each Series of Incremental Term Loans (if any) in accordance with the respective sums at such time of the aggregate amount of (x) outstanding Term Loans and (y) outstanding Incremental Term Loans and unused Incremental Term
Loan Commitments of each Series (if any), (A) with respect to Term Loans, to prepay the outstanding Term Loans, and (B) with respect to Incremental Term Loans of each Series, to prepay the outstanding Incremental Term Loans of such Series
and reduce the aggregate amount of unused Incremental Term Loan Commitments of such Series, as specified in the agreement establishing such Series pursuant to
Section 2.01(cd); and 

second, after the payment in full of the Term Loans and the Incremental Term Loans (if any) and the termination of the
Incremental Term Loan Commitments (if any), first, to prepay Swingline Loans (with no corresponding permanent reduction of the Revolving Credit Commitments), second, to prepay Revolving Credit Loans (with no corresponding permanent
reduction of the Revolving Credit Commitments), and third, to pay unreimbursed LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of unreimbursed LC Disbursements
then due to such parties, and fourth, to prepay Multicurrency Subfacility Loans (with no corresponding permanent reduction of the Multicurrency Subfacility Commitments). 

Notwithstanding the foregoing, any Term Lender may, by notice to GEO and the Administrative Agent at least three Business Days
before such prepayment or Incremental Term Loan Commitment reduction, decline all or any portion of the prepayment or Commitment reduction, as the case may be, to which it would otherwise be entitled, in which case the portion of such prepayment or
Commitment reduction, as the case may be, so declined shall be retained by GEO. 
 (c) Mandatory Prepayments due to Changes in Exchange
Rates. 
 (i) Determination of Amount Outstanding. On each Quarterly Date prior to the Revolving Credit Commitment
Termination Date, on each date that GEO shall request a Revolving Credit Borrowing, a Multicurrency Subfacility Borrowing or the issuance, amendment, renewal or extension of an RCF
LC and, in addition, promptly upon the receipt by the Administrative Agent of a Currency Valuation Notice (as defined below), the Administrative Agent shall determine the aggregate Revolving Credit
Exposure and the aggregate outstanding principal amount of Multicurrency Subfacility Loans. For the purpose of this determination, the outstanding face amount of any RCF LC
or Multicurrency Subfacility Loan that is denominated in any Foreign Currency shall be deemed to be the Dollar Equivalent of the amount in the Foreign Currency of such RCF
LC or Multicurrency Subfacility Loan, determined as of such Quarterly Date, date of such proposed Revolving Credit
Borrowing, Multicurrency  

  
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Subfacility Borrower, issuance, amendment, renewal or extension or, in the case of a Currency Valuation Notice received by the
Administrative Agent prior to 11:00 a.m., New York City time, on a Business Day, on such Business Day or, in the case of a Currency Valuation Notice otherwise received, on the first Business Day after such Currency Valuation Notice is received. Upon
making such determination, the Administrative Agent shall promptly notify the Revolving Credit Lenders and GEO thereof. 

(ii) Prepayment and Cover. If, on the date of such determination (after giving effect to any prior or
substantially concurrent deposit made by the Borrowers, at their option, to the RCF Collateral Account) either (x) the sum of the Revolving Credit Exposures plus the aggregate
outstanding principal amount of Multicurrency Subfacility Loans would exceed the aggregate Revolving Credit Exposure exceeds the aggregate amount of the Revolving Credit Commitments as then in effect (such
excess, an “RCF Excess”), or (y) the aggregate outstanding principal amount of Multicurrency Subfacility Loans would exceed the total Multicurrency Subfacility Commitments
(such excess, a “Multicurrency Subfacility Excess”), the Borrowers or, solely as to any Multicurrency Subfacility Loans borrowed by such Australian
Borrower, an Australian Borrower, as applicable, shall, if requested by the Administrative Agent, within five Business Days following GEO’s receipt of such request: 

(A) if any Revolving Credit Loans are outstanding, prepay all such Revolving Credit Loans or such portion thereof as is
sufficient to eliminate the Excess, and 
 (A) if any
Swingline Loans, Revolving Credit Loans or Multicurrency Subfacility Loans are outstanding, (a) in the case of an RCF Excess, prepay all such Swingline Loans, Revolving Credit Loans and Multicurrency Subfacility Loans or such portion thereof as
is sufficient to eliminate the RCF Excess or (b) in the case of a Multicurrency Subfacility Excess, prepay all such Multicurrency Subfacility Loans or such portion thereof as is sufficient to eliminate the Multicurrency Subfacility Excess
(provided that in the event there is both a Multicurrency Subfacility Excess and an RCF Excess, the Borrowers or any Australian Borrower (solely as to any Multicurrency Subfacility Loans borrowed by such Australian Borrower) shall first reduce the
Multicurrency Subfacility Excess pursuant to clause (b) and thereafter, if an RCF Excess still remains, the Borrowers shall reduce such RCF Excess pursuant to clause (a)), and 

(B) if such prepayment is not sufficient to eliminate the
RCF Excess, provide cover for the RCF LC Exposure pursuant to Section 2.05(k) in an amount sufficient to eliminate the
RCF Excess. 
 (iii) Release of Cover. If, on the
date of such determination, the amount of the cover provided by the Borrowers pursuant to Section 2.10(c)(ii)(B) and then held by the Administrative Agent exceeds the RCF
Excess (such excess, a “Refundable Excess”) on such date (or if such RCF Excess is less than or equal to zero), and no Default has occurred and is continuing, the
Administrative Agent shall, if requested by GEO, within three Business Days following the Administrative Agent’s receipt of such request, return to the Borrowers the amount of the Refundable Excess (or, if the
RCF Excess is less than or equal to zero, the full amount of such cover). 

  
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 For purposes hereof, “Currency Valuation Notice” means a notice given by the
Required Lenders of the Revolving Credit Loans or any RCF LC Issuer to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Credit
Exposure. 
 Any prepayment of Loans constituting Revolving Credit Exposure pursuant to this Section
2.10(c)(ii)(A) shall be applied, first, to Swingline Loans outstanding and second, to Revolving Credit Loans
outstandingand Multicurrency Subfacility Loans outstanding, ratably between such Classes of Loans in accordance with the respective sums at such time of the aggregate amount
of the outstanding Loans of such Class (if any). 
 (d) Special
Prepayment Resulting from Commitment Reduction. In the event that the Multicurrency Subfacility Commitment of any Lender is reduced pursuant to Section 2.08(b)(v) and after giving effect to such reduction the outstanding principal amount of
such Lender’s Multicurrency Subfacility Loans would exceed such Lender’s Multicurrency Subfacility Commitment, the Borrowers or, solely as to any Multicurrency Subfacility Loan borrowed by such Australian Borrower, an Australian Borrower,
as applicable, shall concurrently with such reduction (and without having to make a ratable prepayment of any other Multicurrency Subfacility Loans, unless such other Multicurrency Subfacility Loans are also required to be prepaid pursuant to this
Section 2.10(d) as the result of such reduction) prepay such Lender’s Multicurrency Subfacility Loans in such amount as is sufficient so that after giving effect thereto such Lender’s Multicurrency Subfacility Loans will not exceed
such Lender’s Multicurrency Subfacility Commitment. 
 (e)
(d) Notices, Etc. GEO shall notify the Administrative Agent (and, in the case of prepayment of a Swingline Loan, the applicable Swingline Lender) in writing of any prepayment hereunder
(i) in the case of prepayment of a Syndicated Borrowing, not later than 1:00 p.m., New York City time (or, in the case
of a Borrowing denominated in a Foreign Currency, 11:00 a.m., London time), four Business Days before the date of prepayment or (ii) in the case of prepayment of a Swingline
Loan, not later than 12:00 noon, New York City time, on the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date, the principal amount of each Borrowing or portion thereof to be prepaid, any other
information required to be in such notice pursuant to Section 2.09(b) and, in the case of a mandatory prepayment, a reasonably detailed calculation of the amount of such prepayment; provided that, if a notice of prepayment is
given in connection with a conditional notice of termination of the Incremental Term Loan Commitments, the Revolving Credit Commitments, the Multicurrency Subfacility Commitments or
the Australian LC Facility Commitments as contemplated by Section 2.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.08 or if a notice of prepayment of
Term Loans is conditioned upon the receipt of funds under other credit facilities, the effectiveness of other credit facilities or pursuant to an Equity Issuance, then such notice of prepayment may be revoked by GEO (by notice to the Administrative
Agent on or prior to the specified effective date) if such condition is not satisfied. Promptly following receipt of any such notice relating to a Syndicated Borrowing, the Administrative Agent shall advise the relevant Lenders of the contents
thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a
mandatory prepayment. Each prepayment of a Syndicated Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing, except to the extent otherwise expressly provided herein. Prepayments shall be accompanied by accrued interest
to the extent required by Section 2.12. 
 Section 2.11 Fees. 

(a) Commitment Fees. The Borrowers agree to pay to the Administrative Agent for
the account of each Revolving Credit Lender (to be allocated ratably among such Lenders in accordance with the amounts of such fees then due to such Lenders) a commitment fee, which
shall accrue at the 

  
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Applicable Rate on the average daily unused amount of the Revolving Credit Commitment of such Lender during the period from and including the First Restatement Effective Date to but
excluding the date such Commitment terminates. Accrued commitment fees shall be payable in arrears on each Quarterly Date and on the date the relevant Commitment terminates, commencing on the first such date to occur after the First Restatement
Effective Date. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). For purposes of computing commitment fees
with respect to the Revolving Credit Commitments, the Revolving Credit Commitment of a Lender shall be deemed to be used to the extent of the outstanding Revolving Credit Loans
and, outstanding Multicurrency Subfacility Loan and outstanding RCF LC Exposure of such Lender (and the Swingline Exposure of such Lender shall be disregarded for such
purpose). 
 (b) RCF LC Fees. The Borrowers agree to pay (i) to the Administrative Agent for
the account of each Revolving Credit Lender (to be allocated ratably among such Lenders in accordance with the amounts of such fees then due to such Lenders) a participation fee with
respect to its participations in RCF LCs, which shall accrue at a rate per annum equal to (x) 50%, in the case of performance RCF LCs, and (y) 100%, in the case of all other RCF
LCs, in each case of the Applicable Rate applicable to interest on Revolving Credit Eurodollar Loans on the average daily amount of such Lender’s RCF LC Exposure (excluding any portion thereof attributable to unreimbursed RCF LC
Disbursements) in respect of performance RCF LCs or other RCF LCs, as applicable, during the period from and including the First Restatement Effective Date to but excluding the
date on which such Lender ceases to have any RCF LC Exposure, and (ii) to each RCF LC Issuer a fronting fee, which shall accrue at the rate or rates per annum separately agreed upon between GEO and such RCF LC Issuer on the average daily amount
of the RCF LC Exposure (excluding any portion thereof attributable to unreimbursed RCF LC Disbursements) in respect of each RCF LC issued by such RCF LC Issuer during the period from and including the First Restatement Effective Date to but
excluding the date on which there ceases to be any RCF LC Exposure in respect of any such RCF LC, as well as such RCF LC Issuer’s standard fees with respect to the issuance, amendment, renewal or extension of any RCF LC or processing of
drawings thereunder. Participation fees and fronting fees accrued through and including each Quarterly Date shall be payable on the third Business Day following such Quarterly Date, commencing on the first such date to occur after the First
Restatement Effective Date; provided that all such fees shall be payable on the date on which the Revolving Credit Commitments terminate and any such fees accruing after the date on which the Revolving Credit Commitments terminate shall
be payable on demand. Any other fees payable to any RCF LC Issuer pursuant to this Section 2.11(b) shall be payable within 10 days after demand. All such participation
fees and fronting fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). 

(c) AUDAustralian LC Facility
Commitment Fees. GEO agrees to pay to the Administrative Agent for the account of each Australian LC
Facility Lender (to be allocated ratably among such Lenders in accordance with the amounts of such fees then due to such Lenders) a facility fee with respect to its Australian LC Facility Commitments (whether used or unused, and determined without
regard to Section 2.05(l) or any participation (or lack thereof) by such Lender in any AUD LCs), which shall accrue at a rate per annum equal to the Australian LC Facility Fee Rate on the average daily amount of such Lender’s
Australian LC Facility Commitment (whether used or unused, determined without regard to Section 2.05(l) or any participation (or lack thereof) by such Lender in any AUD LCs) during the period from and including the Second
Restatement Effective Date to but excluding the date on which such Lender ceases to have any Australian LC Facility Commitments. Accrued facility fees shall be payable in arrears on each Quarterly Date and on the date the relevant Commitment
terminates (provided that any such fees accruing after the date on which such Australian LC Facility Commitment terminates shall be payable on demand), commencing on the first such date to occur after the date hereof. All
such facility fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the
last day). 
  

  
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 (d) AUD LC Fees. GEO agrees to pay (i) to the Administrative Agent for
the account of each Australian LC Facility Lender (to be allocated ratably among such Lenders in accordance with the amounts of such fees then due to such Lenders) a participation
fee with respect to its participation in each AUD LC, which participation fee in respect of such AUD LC shall accrue at a rate per annum equal to the applicable Maximum AUD LC Fee Rate then in effect (or, to the extent such participation shall have
been established on a Competitive Bid basis pursuant to Section 2.05(l), but subject to Section 2.18(c)(iv), the Applicable Competitive AUD LC Rate for such AUD LC Exposure) on the average daily amount of such Lender’s AUD LC
Exposure (excluding any portion thereof attributable to unreimbursed AUD LC Disbursements) in respect of such AUD LC during the period from and including the Second Restatement Effective Date to but excluding the date on which such Lender
ceases to have any AUD LC Exposure, and (ii) to each AUD LC Issuer, a fronting fee, which shall accrue at the rate or rates per annum separately agreed upon between GEO and such AUD LC Issuer on the average daily amount of the AUD LC Exposure
(excluding any portion thereof attributable to unreimbursed AUD LC Disbursements) in respect of each AUD LC issued by such AUD LC Issuer during the period from and including the Second Restatement Effective Date to but excluding the date on
which there ceases to be any AUD LC Exposure in respect of any such AUD LC, as well as such AUD LC Issuer’s standard fees with respect to the issuance, amendment, renewal or extension of any AUD LC or processing of drawings thereunder.
Participation fees and fronting fees accrued through and including each Quarterly Date shall be payable on the third Business Day following such Quarterly Date, commencing on the first such date to occur after the date hereof; provided that
all such fees shall be payable on the date on which the Australian LC Facility Commitments terminate and any such fees accruing after the date on which the Australian LC Facility Commitments terminate shall be payable on demand. Any other fees
payable to any AUD LC Issuer pursuant to this Section 2.11(d) shall be payable within 10 days after demand. All such participation fees and fronting fees shall be
computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). 

(e) Administrative Agent Fees. The Borrowers agree to pay to the Administrative Agent, for its own account, fees payable in the amounts
and at the times separately agreed upon between GEO and the Administrative Agent. 
 (f) Payment of Fees. All fees payable hereunder
shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the respective Issuing Lender in the case of fees payable to it) for distribution, in the case of commitment fees, participation fees and closing
fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances. 
 Section 2.12 Interest. 

(a) ABR Loans. The Loans comprising each ABR Borrowing (including each Swingline Loan) shall bear interest at a rate per annum equal to
the Alternate Base Rate plus the Applicable Rate. 
 (b) Eurodollar Loans. The Loans comprising each Eurodollar
Borrowing denominated in (i) Dollars, Euros or Sterling shall bear interest at a rate per annum equal to the Adjusted LIBO Rate
or (ii) Australian Dollars shall bear interest at a rate per annum equal to the Adjusted BBSW Rate, in each case for the Interest Period for such Borrowing plus the
Applicable Rate. 
 (c) Default Interest. Notwithstanding the foregoing, if any Event of Default under
Section 7.01(a), (b), (h) or (i) shall have occurred and be continuing: 

  
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 (i) all interest, fees and other amounts payable by the Borrowers
or any Australian Borrower hereunder (other than any such amounts solely in respect of any Eurodollar Borrowing or solely in respect of the Australian LC Facility Commitments, any
AUD LC or any AUD LC Disbursement) not paid when due, whether at stated maturity, upon acceleration, by mandatory prepayment or otherwise, shall bear interest, after as well as before judgment, at a rate per annum equal to 2% plus the rate
applicable to Revolving Credit ABR Loans as provided in Section 2.12(a); 
 (ii) all interest, fees and other
amounts payable by the Borrowers or any Australian Borrower hereunder solely in respect of a Eurodollar Borrowing not paid when due, whether at stated maturity, upon acceleration, by
mandatory prepayment or otherwise, shall bear interest, after as well as before judgment, at a rate per annum equal to 2% plus (x) until the end of the then current Interest Period applicable to such Eurodollar Borrowing, the rate
otherwise applicable to such Loan as provided in Section 2.12(b), or (y) from and after the end of the then current Interest Period applicable to such Eurodollar Borrowing, the rate applicable to Revolving Credit ABR Loans as
provided in Section 2.12(a); and 
 (iii) all interest, fees and other amounts (including, without limitation,
reimbursement obligations with respect to any AUD LC Disbursement) payable by GEO hereunder in respect of the Australian LC Facility Commitments, any AUD LC or any AUD LC Disbursement not paid when due, shall bear interest, after as well as before
judgment, at a rate per annum equal to (x) in the case of unreimbursed AUD LC Disbursements, 2% plus the rate otherwise applicable to such unreimbursed AUD LC Disbursements as provided in Section 2.05(i), and (y) in the
case of all other such amounts, 2% plus the AUD Rate plus the applicable Maximum AUD LC Fee Rate then in effect. 
 (d)
Payment of Interest. Accrued interest on each Loan shall be payable inby the Borrowers or the Australian Borrower that borrowed such Loan, as applicable, in
arrears on each Interest Payment Date for such Loan and, in the case of Revolving Credit Loans, upon termination of the Revolving Credit Commitments; provided that (i) interest accrued pursuant to Section 2.12(c) shall be
payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment of a Revolving Credit ABR Loan prior to the Revolving Credit Commitment Termination Date), 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 Eurodollar Borrowing denominated in Dollars prior to the
end of the Interest Period therefor, accrued interest on such Borrowing shall be payable on the effective date of such conversion. 
 (e)
Computation. All interest hereunder shall be computed on the basis of a year of 360 days, except that interest computed (x) by reference to the Alternate Base Rate
at times when the Alternate Base Rate is based on the Prime Rate or (y) with respect to Loans denominated in Australian Dollars, in each case 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 Alternate Base Rate, Adjusted LIBO
Rate, Adjusted BBSW Rate or AUD Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error. 

(f) Retroactive Adjustments of Applicable Rate. If, as a result of any restatement of or other adjustment to the financial statements of
GEO or for any other reason, GEO or the Lenders determine that (i) the Total Leverage Ratio as calculated by GEO as of any applicable date was inaccurate and (ii) a proper calculation of the Total Leverage Ratio would have resulted in
higher pricing for such period, GEO or, the Borrowers or the applicable Australian Borrower, as
applicable, shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable 

  
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Lenders, promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to any Borrower under the Bankruptcy Code of the
United States, automatically and without further action by the Administrative Agent, any Lender, any Issuing Lender or any Swingline Lender), an amount equal to the excess of the amount of interest and fees that should have been paid for such period
over the amount of interest and fees actually paid for such period. This Section 2.12(f) shall not limit the rights of the Administrative Agent, any Lender, any Issuing Lender or any Swingline Lender, as the case may be, under
Section 2.05(i), 2.11(a), 2.11(b), 2.11(c), 2.11(d) or 2.12(c) or under Article VII. TheGEO’s, the
Borrowers’ or the applicable Australian Borrower’s respective obligations under this Section 2.12(f) shall not terminate until the payment by
GEO, the Borrowers or the applicable Australian Borrower, as applicable, of the principal of and interest on the
applicable Loans and all other outstanding obligations owing by them under the Loan Documents, the expiration or termination of all Letters of Credit and the expiration or
termination of the Commitments if at such time no demand shall have been made for payment (and no amount shall have become automatically due) under this Section 2.12(f). 

(g) Alternate Rate of Interest. If prior to the commencement of the Interest Period for any Eurodollar
Borrowing (the Currency of such Borrowing herein called the “Affected Currency”): 

(i) 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 or Adjusted BBSW Rate, as applicable, for the Affected Currency for such Interest Period; or 

(ii) the Administrative Agent is advised by the Required Lenders of the relevant Class that the Adjusted LIBO Rate
or Adjusted BBSW Rate, as applicable, for the Affected Currency for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining
their respective Loans included in such Borrowing for such Interest Period; 
 then the Administrative Agent shall give notice thereof to GEO and the
Lenders by telephone or telecopyin writing as promptly as practicable thereafter and, until the Administrative Agent notifies GEO and the Lenders that the
circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any Syndicated Borrowing to, or the continuation of any Syndicated Borrowing as, a Eurodollar Borrowing
denominated in the Affected Currency shall be ineffective and such, if the Affected Currency is Dollars,
such Syndicated Borrowing (unless prepaid) shall be continued as, or converted to, a Syndicated ABR Borrowing and, (ii) if
the Affected Currency is Dollars and any Borrowing Request requests a Eurodollar Borrowing denominated in Dollars,
such Borrowing shall be made as a Syndicated ABR Borrowing denominated in Dollars and (iii) if the Affected Currency is a Foreign Currency, any Borrowing Request that requests a
Eurodollar Borrowing denominated in the Affected Currency shall be ineffective. 
 Section 2.13 Increased Costs. 

(a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement
against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the Adjusted LIBO Rate or Adjusted
BBSW Rate, as applicable) or any Issuing Lender; 

  
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 (ii) subject any Lender or any Issuing Lender to any tax of any kind whatsoever
with respect to this Agreement, any Letter of Credit, any participation in a Letter of Credit or any Eurodollar Loan made by it, or change the basis of taxation of payments to such Lender or such Issuing Lender in respect thereof (except for
Indemnified Taxes or Other Taxes covered by Section 2.15 and the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender or such Issuing Lender); or 

(iii) impose on any Lender or any Issuing Lender or the London interbank market any other condition, cost or expense affecting
this Agreement or Eurodollar Loans made by such Lender or any Letter of Credit or any participation therein; 
 and the result of any of the foregoing shall
be to increase the cost to such Lender of making or maintaining any Eurodollar Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to such Lender or such Issuing Lender of participating in, issuing or maintaining
any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or such Issuing Lender hereunder (whether of principal, interest or
any other amount) then, upon request of such Lender or such Issuing Lender, GEO or the Borrowers, as applicable, will pay to such Lender or such Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender or
such Issuing Lender, as the case may be, for such additional costs incurred or reduction suffered. 
 (b) Capital Requirements. If any
Lender or any Issuing Lender determines that any Change in Law affecting such Lender or such Issuing Lender or any lending office of such Lender or such Lender’s or such Issuing Lender’s holding company, if any, regarding capital or
liquidity requirements has or would have the effect of reducing the rate of return on such Lender’s or such Issuing Lender’s capital or on the capital of such Lender’s or such Issuing Lender’s holding company, if any, as a
consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Lender, to a level below that which such Lender or such
Issuing Lender or such Lender’s or such Issuing Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Lender’s policies and the policies of such
Lender’s or such Issuing Lender’s holding company with respect to capital adequacy and liquidity), then from time to time GEO will pay to such Lender or such Issuing Lender, as the case may be, such additional amount or amounts as will
compensate such Lender or such Issuing Lender or such Lender’s or such Issuing Lender’s holding company for any such reduction suffered. 

(c) Certificates for Reimbursement. A certificate of a Lender or an Issuing Lender setting forth, in reasonable detail, the basis for
determining such amount or amounts necessary to compensate such Lender or such Issuing Lender or its holding company, as the case may be, as specified in Sections 2.13(a) or (b) and delivered to GEO shall be conclusive absent
manifest error. GEO or the Borrowers, as applicable, shall pay such Lender or such Issuing Lender, as the case may be, the amount shown as due on any such certificate within 10 days after receipt thereof. 

(d) Delay in Requests. Failure or delay on the part of any Lender or any Issuing Lender to demand compensation pursuant to this
Section 2.13 shall not constitute a waiver of such Lender’s or such Issuing Lender’s right to demand such compensation, provided that GEO or the Borrowers, as applicable, shall not be required to compensate a Lender or
an Issuing Lender pursuant to this Section 2.13 for any increased costs incurred or reductions suffered more than six months prior to the date that such Lender or such Issuing Lender, as the case may be, notifies GEO of the Change in Law
giving rise to such increased costs or reductions and of such Lender’s or such Issuing Lender’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive,
then the six-month period referred to above shall be extended to include the period of retroactive effect thereof). 

  
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 Section 2.14 Break Funding Payments. In the event of (a) the payment of any
principal of any Eurodollar Loan other than on the last day of the Interest Period therefor (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan other than on the last day of the Interest Period therefor,
(c) the failure to borrow, convert, continue or prepay any Syndicated Loan on the date specified in any notice delivered pursuant hereto (regardless of whether such notice is permitted to be revocable under Section 2.10(c) and is
revoked in accordance herewith), or (d) the assignment as a result of a request by GEO pursuant to Section 2.17(b) of any Eurodollar Loan other than on the last day of the Interest Period therefor, then, in any such event, GEO
or(with respect to any such Term Borrowing), the Borrowers (with respect to any such Revolving Credit
Borrowing or any such Multicurrency Subfacility Borrowing by the Borrowers) or the applicable Australian Borrower (with respect to any such Multicurrency Subfacility Borrowing by such Australian Borrower), as applicable, shall compensate
each Lender for the loss, cost and expense attributable to such event. In the case of a Eurodollar Loan, the loss to any Lender attributable to any such event shall be deemed to include an amount determined by such Lender to be equal to the excess,
if any, of (i) the amount of interest that such Lender would pay for a deposit equal to the principal amount of such Loan denominated in the Currency of such Loan for the period
from the date of such payment, conversion, failure or assignment to the last day of the Interest Period for such Loan (or, in the case of a failure to borrow, convert or continue, the duration of the Interest Period that would have resulted from
such borrowing, conversion or continuation) if the interest rate payable on such deposit were equal to the Adjusted LIBO Rate or the Adjusted BBSW Rate, as applicable, for such
Currency for such Interest Period, over (ii) the amount of interest that such Lender would earn on such principal amount for such period if such Lender were to invest such principal amount for such period at the interest rate
that would be bid by such Lender (or an affiliate of such Lender) for Dollar deposits denominated in such Currency from other banks in the
eurodollareurocurrency market at the commencement of such period. A certificate of any Lender setting forth, in reasonable detail, the basis for determining such
amount or amounts that such Lender is entitled to receive pursuant to this Section 2.14 shall be delivered to GEO and shall be conclusive absent manifest error. GEO or the Borrowers, as applicable, shall pay such Lender the amount shown
as due on any such certificate within 10 days after receipt thereof. 
 Section 2.15 Taxes. 

(a) Payments Free of Taxes. Any and all payments by or on account of any obligation of the
Borrowersany Borrower or any Australian Borrower hereunder or under any other Loan Document shall be made free and clear of and without reduction or withholding for any
Indemnified Taxes, provided that if the Borrowersany Borrower or any Australian Borrower shall be required by applicable law to deduct any Indemnified
Taxes (including any Other Taxes) from such payments, then (i) solely to the extent such Taxes constitute Indemnified Taxes or Other Taxes, the sum payable
by the relevant Borrower or the relevant Australian Borrower, as applicable, 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, Lender or Issuing Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions been made, (ii) the
Borrowersrelevant Borrower or the relevant Australian Borrower, as applicable, shall make such deductions and (iii) the
Borrowersrelevant Borrower or the relevant Australian Borrower, as applicable, shall timely pay the full amount deducted to the relevant Governmental Authority in
accordance with applicable law. 

  
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 (b) Payment of Other Taxes by the Borrowers. Without limiting the provisions of Section
2.15(a), the Borrowers shall timely pay (or cause to be paid) any Other Taxes to the relevant Governmental Authority in accordance with applicable law. 

(c) Indemnification by the Borrowers. The Borrowers shall indemnify the Administrative Agent, each Lender and each Issuing Lender,
within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) paid by the
Administrative Agent, such Lender or such Issuing Lender, as the case may be, and any penalties, interest and 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 the BorrowersGEO by a
Lender or an Issuing Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or an Issuing Lender, shall be conclusive absent manifest error. 

(d) Evidence of Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrowers
(or by an Australian Borrower, as applicable) to a Governmental Authority, the BorrowersGEO 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) Delivery of Tax Forms. To the extent required by law to reduce or eliminate withholding or payment of
taxes, each Payee to the extent of its interest in an Obligation of a US Borrower shall deliver to GEO, with a copy to the Administrative Agent, on or before the Second
Restatement Effective Date or concurrently with the delivery of the relevant Assignment and Assumption, as applicable, two United States Internal Revenue Service Forms W-9, Forms W-8ECI or Forms
W-8BEN (or W-8BEN-E), as applicable (or successor forms) properly completed and certifying in each case that such Payee is entitled to a complete exemption from withholding or
deduction for or on account of any United States federal income taxes and backup withholding taxes. Each such Payee further agrees to deliver to GEO, with a copy to the Administrative Agent, as applicable, two Forms W-9, Forms W-8BEN
(or W-8BEN-E) or Forms W-8ECI, or successor applicable forms or manner of certification, as the case may be, on or before the date that any such form expires or becomes obsolete or
after the occurrence of any event requiring a change in the most recent form previously delivered by it to GEO, certifying that such Payee is entitled to receive payments under this Agreement without deduction or withholding of any United States
federal income taxes and backup withholding tax (unless in any such case a Change in Law has occurred prior to the date on which any such delivery would otherwise be required which renders such forms inapplicable or the exemption to which such forms
relate unavailable and such Payee notifies GEO and the Administrative Agent that it is not entitled to receive payments without deduction or withholding of United States federal income taxes). In the case of a Payee
that holds an interest in an Obligation of a US Borrower claiming the benefits of the exemption for portfolio interest under section 881(c) of the Code, such Payee shall also
deliver a certificate to the effect that such Payee is not (A) a “bank” within the meaning of section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of either of the
US Borrowers within the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code.
Notwithstanding anything in any Loan Document to the contrary, the US Borrowers shall not be required to pay additional amounts to any Payee under this Section 2.15 if such
Payee fails to comply with the requirements of this Section 2.15(e), other than to the extent that such failure is due to a Change in Law occurring after the date on which such Payee became a party to this Agreement. If a payment made to
a Lender under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or
1472(b) of the Code, as applicable), such Lender shall deliver to GEO and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by GEO or the Administrative Agent such documentation prescribed
by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by GEO or the Administrative Agent as may be necessary for either Borrower and the Administrative Agent
to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this
Section 2.15(e), “FATCA” shall include any amendments made to FATCA after the First Amendment Effective Date. 
  

  
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 (f) Treatment of Certain Refunds. (i) If any payment is made by the
Borrowersa Borrower or an Australian Borrower to or for the account of any Payee after deduction either for or on account of any Taxes or Other Taxes, and an indemnity
payment by a Borrower or additional amounts are paid by the Borrowersa Borrower or an Australian
Borrower pursuant to this Section 2.15, then, if such Payee determines, in its sole discretion, that it is entitled to a refund of such Taxes or Other Taxes, such Payee shall, to the extent that it can do so without prejudice to
the retention of the amount of such refund, apply for such refund and reimburse to GEO such amount of any refund received (net of reasonable out-of-pocket expenses incurred) as such Payee shall determine, in its sole discretion, to be attributable
to the relevant Taxes or Other Taxes; and (ii) if the Administrative Agent or any Payee determines, in its sole discretion, that it has received a refund of any Taxes or Other Taxes as to which it has been indemnified by the
Borrowersa Borrower or with respect to which any Borrower or any Australian Borrower has paid additional
amounts pursuant to this Section, it shall pay to GEO an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by GEO under this Section with respect to the Taxes or Other Taxes giving rise to
such refund), net of all out-of-pocket expenses of the Administrative Agent or such Payee, as the case may be, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund), provided
that, in case of both (i) and (ii) GEO, upon the request of the Administrative Agent or such Payee, agrees to repay the amount paid over to GEO (plus any penalties, interest or other charges imposed by the relevant Governmental Authority)
to the Administrative Agent or such Payee in the event the Administrative Agent or such Payee is required to repay such refund to such Governmental Authority. This Section 2.15(f) shall not be construed to require the Administrative
Agent or any Payee to make available its tax returns (or any other information relating to its taxes that it deems confidential) to GEO or any other Person. 

(g) Indemnity. Each Lender shall indemnify the Administrative Agent, within 10 days after demand therefor, for (i) any
Indemnified Taxes attributable to such Lender (but only to the extent that the Borrowers havea Borrower has not already indemnified the Administrative Agent for such
Indemnified Taxes and without limiting any obligation of the Borrowersany Borrower), (ii) any Taxes attributable to such Lender’s failure to comply with
the provisions of Section 9.04 relating to the maintenance of a Participant Register and (iii) for the full amount of any Excluded Taxes attributable to such Lender
or any Participant of such Lender (or, in the case of a Lender that is treated as a partnership for U.S. federal income tax purposes, any direct or indirect beneficial owner of such Lender) that are payable or paid by the Administrative Agent,
and reasonable expenses arising therefrom or with respect thereto, whether or not such Excluded 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 any Lender by the Administrative Agent shall be conclusive absent manifest error. 
 (h) Survival. Each party’s
obligations under this Section 2.15 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitment and the repayment,
satisfaction or discharge of all obligations under any Loan Documents. 

  
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 Section 2.16 Payments Generally; Pro Rata Treatment; Sharing of Setoffs. 

(a) Payments by the Borrowers. The or the Australian
Borrowers. The Borrowers or the Australian Borrowers shall make each payment required to be made by them hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under
Section 2.13, Section 2.14 or Section 2.15, or otherwise), or under any other Loan Document (except to the extent otherwise provided therein), prior to 2:00 p.m., New York City time, on the date when due, in
immediately available funds, without setoff 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 succeeding Business Day for purposes of
calculating interest thereon. All such payments shall be made to the Administrative Agent at its offices at 787 Seventh Avenue, New York, New York 10019, except as otherwise expressly provided in the relevant Loan Document and except payments to be
made directly to an Issuing Lender or a Swingline Lender as expressly provided herein and payments pursuant to Section 2.13, Section 2.14, Section 2.15 and Section 9.03, which 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 paymentsamounts owing hereunder or under any other Loan Document (except to the extent otherwise provided
therein or therein) shall be madepayable in Dollars; provided that (i) all fees,
interest and other amounts contemplated by Section 2.11(c) or Section 2.11(d), reimbursements of AUD LC Disbursements and cash collateralization of AUD LC Exposure shall be payable in Australian Dollars
and, (ii) any amounts payable under Section 2.13, Section 2.15 or Section 9.03 to any
AUDAustralian LC Facility Lender or any AUD LC Issuer or in respect of any Australian LC Facility
Commitment, any Multicurrency Subfacility Commitment, any AUD LC Exposure or any AUD LC, shall be payable in either Dollars or Australian Dollars, as elected by the Person entitled
to such payment. and (iii) all principal of, and interest on, any Loan denominated in any Foreign Currency or payments relating to any such Loan required under
Section 2.14 shall be payable in such Foreign Currency. Notwithstanding the foregoing, if any Borrower or any Australian Borrower shall fail to pay any principal of any Loan when due (whether at stated maturity, by acceleration, by mandatory
prepayment or otherwise), the unpaid portion of such Loan shall, if such Loan is not denominated in Dollars, automatically be redenominated in Dollars on the due date thereof in an amount equal to the Dollar Equivalent thereof on the date of such
redenomination and such principal shall be payable on demand; and if such Borrower or such Australian Borrower shall fail to pay any interest on any Loan that is not denominated in Dollars, such interest shall automatically be redenominated in
Dollars on the date that such failure to pay results in an Event of Default under Section 7.01(b) in an amount equal to the Dollar Equivalent thereof on the date of such redenomination and such interest shall be payable on demand by the
Borrowers or such Australian Borrower, as applicable. 
 (b) Application of Insufficient Payments. If at any
time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, to pay
interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, to pay principal and unreimbursed LC Disbursements then due
hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such parties. 

(c) Pro Rata Treatment. Except to the extent otherwise provided herein: (i) each Syndicated Borrowing of a particular Class
shall be made from the relevant Lenders, each payment of commitment fees under Section 2.11 in respect of Commitments of a particular Class shall be made for account of the relevant Lenders, and each termination or reduction of the
amount of the Commitments of a particular Class under Section 2.08 shall be applied to the respective Commitments of such Class of the relevant Lenders, pro rata according to the amounts of their respective Commitments of such Class;
(ii) each Syndicated Borrowing of any Class shall be allocated pro rata among the relevant Lenders according to the amounts of their respective Commitments (or, in the case of any
Syndicated Borrowing of Revolving Credit Loans, their respective Available Revolving Credit Commitments) 

  
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of such Class (in the case of the making of Syndicated Loans) or their respective Loans of such Class that are to be included in such Borrowing (in the case of conversions and continuations
of Loans); (iii) each payment or prepayment of principal of Revolving Credit Loans, Multicurrency Subfacility Loans and Term Loans by a Borrower
or an Australian Borrower, as applicable, shall be made for the account of the relevant Lenders pro rata in
accordance with the respective unpaid principal amounts of the Syndicated Loans of such Class held by them; and (iv) each payment of interest on Revolving Credit Loans, Multicurrency
Subfacility Loans and Term Loans by a Borrower or an Australian Borrower, as applicable, shall be made for
the account of the relevant Lenders pro rata in accordance with the amounts of interest on such Loans then due and payable to the respective Lenders. 

(d) Sharing of Payments by Lenders. If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment
in respect of any principal of or interest on any of its Loans or other obligations hereunder resulting in such Lender’s receiving payment of a proportion of the aggregate amount of its Loans and accrued interest thereon or other such
obligations greater than its pro rata share thereof as provided herein, then the Lender receiving such greater proportion shall (A) notify the Administrative Agent of such fact, and (B) purchase (for cash at face value) participations in
the Loans and such other obligations of the other Lenders, or make such other adjustments as shall be equitable, 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 other amounts owing them, 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 Section 2.16(d) shall not be construed to apply to (x) any payment made by a
Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender) or (y) 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 LC Disbursements to any assignee or participant. 
 The Borrowers consent to the
foregoing and agree, to the extent they may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrowers rights of setoff and counterclaim with respect to
such participation as fully as if such Lender were a direct creditor of the Borrowers in the amount of such participation. 
 (e) Payments
by the Borrowers or the Australian Borrowers; Presumptions by the Administrative Agent. Unless the Administrative Agent shall have received notice from GEO prior to
the date on which any payment is due to the Administrative Agent for the account of the Lenders or an Issuing Lender hereunder that GEO, the Borrowers
or the Australian Borrowers, as applicable, will not make such payment, the Administrative Agent may assume that GEO, the
Borrowers or the Australian Borrowers, as applicable, have made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the
Lenders or such Issuing Lender, as the case may be, the amount due. In such event, if GEO or, the
Borrowers or the Australian Borrowers, as applicable, have not in fact made such payment, then each of the Lenders and each Issuing Lender severally agrees to repay to the
Administrative Agent forthwith on demand the amount so distributed to such Lender or such Issuing Lender 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 (x) the Federal Funds Effective Rate (if denominated in Dollars or any Agreed
Foreign Currency other than Australian Dollars) or the BBSW Rate (if denominated in Australian Dollars) and (y) a rate determined by the Administrative Agent in
accordance with banking industry rules on interbank compensation. 

  
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 (f) Certain Deductions by the Administrative Agent. If any Lender shall fail to make any
payment required to be made by it pursuant to Section 2.04(c), Section 2.05(e), Section 2.06(b) or Section 2.16(e), then the Administrative Agent may, in its discretion (notwithstanding any contrary
provision hereof), (i) apply any amounts thereafter received by the Administrative Agent for the account of such Lender for the benefit of the Administrative Agent, any
Swingline Lender or any Issuing Lender to satisfy such Lender’s obligations to it under such Sections until all such unsatisfied obligations are fully paid, and/or (ii) hold any such amounts in a segregated account as cash collateral for,
and application to, any future funding obligations of such Lender under any such Section, in the case of each of clauses (i) and (ii) of this sentence, in any order as determined by the Administrative Agent in its discretion. 

Section 2.17 Mitigation Obligations; Replacement of Lenders. 

(a) Designation of a Different Lending Office. If any Lender requests compensation under Section 2.13, or if a Borrower
or an Australian Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.15,
or any Lender shall be treated as a Defaulting Lender pursuant to Section 2.19(b), then such Lender shall use reasonable efforts to designate a different lending office for
funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts
payable pursuant to Section 2.13 or Section 2.15, or would mitigate or avoid the illegality resulting in such Lender being treated as a Defaulting Lender under
Section 2.19(b), as the case may be, in the future, and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be
disadvantageous to such Lender. The Borrowers hereby agree to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 

(b) Replacement of Lenders. If (1) any Lender requests compensation under Section 2.13, or if a Borrower
or an Australian Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.15,
(2) any Lender becomes a Defaulting Lender, or (3) any Lender does not consent to a proposed amendment, modification or waiver of this Agreement or any other Loan Document requested by GEO which has been approved by the Required Lenders
but which requires the consent of such Lender (or such Lender and other Lenders) to become effective, or if any Term Lender does not consent to a proposed reduction of the Applicable Rate for Term Loans which has been approved by the Required
Lenders of the Term Loans, then, in each case GEO may, at its sole expense (and without any obligation on the Administrative Agent or any Lender to cooperate or assist in any way in locating an assignee), upon notice to such Lender and the
Administrative Agent, (x) require such Lender to assign, without recourse (except as provided below in this Section 2.17(b), in accordance with and subject to the restrictions contained in, and consents required by, Section
9.04), all of its interests, rights and obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment) or (y) in
the case of any Lender that does not consent to a proposed amendment, modification or waiver of this Agreement or any other Loan Document as aforesaid, terminate the Commitments of such Lender and pay to such Lender an amount equal to the
outstanding principal of its Loans and participations in LC Disbursements and Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under
Section 2.14), all simultaneously with an amendment and restatement of this Agreement that does not result in the aggregate amount of the commitments of the Lenders to extend credit thereunder to be less than the aggregate amount of the
used and unused Commitments hereunder as in effect immediately before giving effect to such amendment and restatement; provided that: 

  
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 (i) if (x) a Revolving Credit Commitment is being assigned, GEO shall have
received the prior written consent of the Administrative Agent and each RCF LC Issuer, or (y) a Multicurrency Subfacility Commitment is being assigned, GEO shall have
received the prior written consent of the Administrative Agent, or (z) an Australian LC Facility Commitment is being assigned, GEO shall have received the prior written consent of the Administrative Agent and each AUD LC Issuer, in each
case 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 LC Disbursements and Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under
Section 2.14) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or GEO or the Borrowers, as applicable, (in the case of all other amounts); 

(iii) in the case of any such assignment resulting from a claim for compensation under Section 2.13 or payments
required to be made pursuant to Section 2.15, such assignment will result in a reduction in such compensation or payments thereafter; and 

(iv) in the case of any such replacement due to the replaced Lender not consenting to a proposed amendment, modification or
waiver of this Agreement or any other Loan Document as aforesaid, each replacement Lender shall consent (and by accepting such assignment shall be deemed to have consented), at the time of such assignment, to each matter in respect of which such
replaced Lender shall not have consented. 
 In connection with any such replacement, if the replaced Lender does not execute and deliver to the
Administrative Agent a duly completed Assignment and Assumption reflecting such replacement prior to or concurrently with the execution and delivery of such Assignment and Assumption by the replacement Lender, the Administrative Agent may (and the
replaced Lender hereby unconditionally and irrevocably authorizes and directs the Administrative Agent to, in the name of and on behalf of the replaced Lender) execute such Assignment and Assumption and other documentation on behalf of the replaced
Lender and, in such event (notwithstanding anything to the contrary in Section 9.04), such replaced Lender shall be deemed to have duly executed and delivered such Assignment and Assumption and other documentation to the Administrative
Agent and the replacement Lender. A Lender shall not be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling GEO to require such assignment and
delegation cease to apply. 
 Section 2.18 Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary,
if any Lender becomes a Defaulting Lender, then the following provisions shall apply on the date such Lender becomes a Defaulting Lender and for so long as such Lender is a Defaulting Lender: 

(a) fees shall cease to accrue on the (x) unfunded portion of the Revolving Credit Commitment of such Defaulting Lender pursuant to
Section 2.11(a) and (y) amount of the Australian LC Facility Commitment of such Defaulting Lender pursuant to Section 2.11(c); 

(b) the Revolving Credit Commitment, Multicurrency Subfacility Commitment,
Revolving Credit Exposure, outstanding principal amount of Multicurrency Subfacility Loans, Australian LC Facility Commitment and AUD LC Exposure of such Defaulting Lender shall not
be included in determining whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment, waiver or other modification pursuant to Section 9.02); provided, that this
clause (b) shall not apply to the vote of a Defaulting Lender in the case of an amendment, waiver or other modification requiring the consent of such Lender or each Lender affected or directly affected thereby; 

  
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 (c) if any Swingline Exposure or LC Exposure exists at the time such Lender becomes a Defaulting
Lender then: 
 (i) (x) all or any part of the Swingline Exposure and RCF LC Exposure of such Defaulting Lender shall be
reallocated among the non-Defaulting Revolving Credit Lenders in accordance with their respective Applicable Percentages but only to the extent (A) the sum of all non-Defaulting Revolving Credit Lenders’ Revolving Credit Exposures
plus such Defaulting Lender’s Swingline Exposure and RCF LC Exposure does not exceed the total of all non-Defaulting Revolving Credit Lenders’ Revolving Credit Commitments and (B) such reallocation does not cause the aggregate
Revolving Credit Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender’s Revolving Credit Commitment, and (y) all or any part of the AUD LC Exposure of such Defaulting Lender shall be reallocated among the
non-Defaulting Australian LC Facility Lenders in accordance with their respective Applicable Percentages but only to the extent (1) the sum of all non-Defaulting Australian LC Facility Lenders’ AUD LC Exposure does not exceed the total of
all non-Defaulting Australian LC Facility Lenders’ Australian LC Facility Commitments and (2) such reallocation does not cause the aggregate AUD LC Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender’s
Australian LC Facility Commitment; 
 (ii) if the reallocation described in Section 2.18(c)(i) above cannot, or
can only partially, be effected, GEO shall within one Business Day following notice by the Administrative Agent (x) first, prepay such Swingline Exposure and (y) second, cash collateralize, on a pro rata basis, for the
benefit of the Issuing Lenders, the Borrowers’ obligations corresponding to such Defaulting Lender’s LC Exposure (after giving effect to any partial reallocation pursuant to Section 2.18(c)(i)) in accordance with the procedures
set forth in Section 2.05(k) for so long as such LC Exposure is outstanding; 
 (iii) if GEO cash collateralizes
any portion of such Defaulting Lender’s LC Exposure pursuant to clause (ii) above, GEO shall not be required to pay any fees to such Defaulting Lender pursuant to Section 2.11(b) or Section 2.11(d), as
applicable, with respect to such Defaulting Lender’s LC Exposure during the period such Defaulting Lender’s LC Exposure is cash collateralized; 

(iv) if the LC Exposure of the non-Defaulting Revolving Credit Lenders or non-Defaulting Australian LC Facility Lenders is
reallocated pursuant to clause (i) above, then the fees payable to the Lenders pursuant to Section 2.11(b) or Section 2.11(d), as applicable, shall be adjusted in accordance with such non-Defaulting Lenders’
Applicable Percentages and, in the case of any AUD LC Exposure so reallocated in respect of a Competitive AUD LC, the fees payable pursuant to Section 2.11(d)(i) in respect of such AUD LC Exposure so reallocated shall accrue at the
applicable Maximum AUD LC Fee Rate then in effect; and 
 (v) if all or any portion of such Defaulting Lender’s LC
Exposure is neither reallocated nor cash collateralized pursuant to clause (i) or (ii) above, then, without prejudice to any rights or remedies of the Issuing Lender or any other Lender hereunder, all fees payable under
Section 2.11(b) or Section 2.11(d), as applicable, with respect to such Defaulting Lender’s LC Exposure shall be payable to the applicable Issuing Lender until and to the extent that such LC Exposure as applicable, is
reallocated and/or cash collateralized; 

  
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 (d) so long as such Lender is a Defaulting Lender, no Swingline Lender shall be required to fund
any Swingline Loan and no Issuing Lender shall be required to issue, amend or increase any Letter of Credit unless it is satisfied that the related exposure and the Defaulting Lender’s then outstanding Swingline Exposure or LC Exposure, as
applicable, will be 100% covered by the Revolving Credit Commitments or Australian LC Facility Commitments, as applicable, of the applicable non-Defaulting Lenders and/or cash collateral will be provided by GEO in accordance with
Section 2.18(c), and participating interests in any newly made Swingline Loan or any newly issued or increased Letter of Credit shall be allocated among the applicable non-Defaulting Lenders in a
manner consistent with Section 2.18(c)(i) (and such Defaulting Lender shall not participate therein); and 
 (e) any payment of
principal, interest, fees or other amounts received by the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VII or otherwise) or received by the
Administrative Agent from a Defaulting Lender pursuant to Section 9.08 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such
Defaulting Lender to the Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to any Issuing Lender or Swingline Lender hereunder; third, to cash collateralize on a
pro rata basis each Issuing Lender’s LC Exposure with respect to such Defaulting Lender; fourth, as GEO may request (so long as no Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund
its portion thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and GEO, to be held in a deposit account and released pro rata in order to (i) satisfy such
Defaulting Lender’s potential future funding obligations with respect to Loans under this Agreement and (ii) cash collateralize the Issuing Lenders’ future LC Exposure with respect to such Defaulting Lender with respect to future
Letters of Credit issued under this Agreement; sixth, to the payment of any amounts owing to the Lenders, the Issuing Lenders or Swingline Lenders as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the
Issuing Lenders or Swingline Lenders against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default exists, to the payment of any amounts owing to any
Borrower or any Australian Borrower as a result of any judgment of a court of competent jurisdiction obtained by
anysuch Borrower or such Australian Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this
Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that if (i) such payment is a payment of the principal amount of any Loans or LC Disbursements in respect of
which such Defaulting Lender has not fully funded its appropriate share, and (ii) such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 4.02 were satisfied or waived, such
payment shall be applied solely to pay the Loans of, and LC Disbursements owed to, all non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or LC Disbursements owed to, such Defaulting Lender until such
time as all Loans and funded and unfunded participations in LC Exposures and Swingline Loans are held by the Lenders pro rata in accordance with the Commitments without giving effect to Section 2.18(c). Any payments, prepayments or other
amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post cash collateral pursuant to this Section 2.18(e) shall be deemed paid to and redirected by such Defaulting Lender,
and each Lender irrevocably consents hereto. 
 In the event that the Administrative Agent, GEO, each Swingline Lender and each Issuing
Lender each agrees that a Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender (or if such Defaulting Lender has been replaced pursuant to Section 2.17), then (i) the Swingline
Exposure and RCF LC Exposure of the Revolving Credit Lenders shall be readjusted to reflect the inclusion of such Lender’s (or replacement Lender’s) Revolving Credit Commitment and on such date such Lender (or replacement Lender) shall
purchase at par such of the Revolving Credit Loans of the other Revolving Credit Lenders as the Administrative Agent shall determine may be necessary in order 

  
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for such Lender (or replacement Lender) to hold such Loans in accordance with its Applicable Percentage, (ii) the AUD LC Exposure of the Australian LC Facility Lenders shall be readjusted to
reflect the inclusion of such Lender’s (or replacement Lender’s) Australian LC Facility Commitment and on such date such Lender (or replacement Lender) shall purchase at par participations in the AUD LC Exposure of the other Australian LC
Facility Lenders as the Administrative Agent shall determine may be necessary in order for such Lender (or replacement Lender) to hold such AUD LC Exposure in accordance with its Applicable Percentage (but subject to Section 2.05(l) with
respect to any Competitive AUD LC) and (iii) all cash collateral provided pursuant to Section 2.18(c) with respect to such Defaulting Lender shall be immediately released to the Borrowers. 

Section 2.19 Illegality. 

(a) Notwithstanding any other provision of this Agreement, in the event that on or after the date hereof any Change in Law shall make it
unlawful for any Lender to make or maintain Eurodollar Loans, maintain or fund Loans (whether denominated in Dollars or any Agreed Foreign Currency) whose interest is
determined by reference to the Adjusted LIBO Rate or the Adjusted BBSW Rate, or to determine or charge interest rates based upon the Adjusted LIBO Rate or the Adjusted BBSW Rate, in each case as contemplated by this Agreement, such Lender
shall promptly give notice thereof to the Administrative Agent and GEO, and (i) the commitments of such Lender hereunder to make Eurodollar Loans, toor continue
Eurodollar Loans as suchin the affected Currency and to convert ABR Loans to Eurodollar Loans in
Dollars shall be suspended during the period of such illegality, (ii) such Lender’s Loans then outstanding as Eurodollar Loans, if any, (x) denominated in
Dollars shall be converted automatically to ABR Loans or (y) denominated in any Agreed Foreign Currency shall, to the extent GEO and the applicable Multicurrency Subfacility
Lenders agree, be converted to Loans bearing interest at an alternative rate mutually acceptable to GEO and all of the applicable Multicurrency Subfacility Lenders, in each case on the respective last days of the then current Interest
Periods with respect to such Loans or within such earlier period as may be required by law; provided, however, that if GEO and the Multicurrency Subfacility Lenders cannot agree within a
reasonable time on an alternative rate for such Loans denominated in an Agreed Foreign Currency, the Borrowers or any Australian Borrower, as applicable, may, at their discretion, either (A) prepay such Loans or (B) maintain such Loans
outstanding, in which case, the interest rate payable to each Multicurrency Subfacility Lender on such Loans will be the rate determined by such Multicurrency Subfacility Lender as its cost of funds to fund a Borrowing of such Loans with maturities
comparable to the Interest Period applicable thereto plus the Applicable Rate, unless the maintenance of
such Loans outstanding on such basis would not stop the unlawfulness described above in this Section 2.19(a) from existing (in which case the Borrowers, or, solely with respect to any such Loans borrowed by such Australian Borrower, the
relevant Australian Borrower, shall be required to prepay such Loans on the last day of the current Interest Period with respect thereto or within such earlier period as may be required by law), and (iii) during the period of such
illegality (x) any Loans of such Lender denominated in Dollars that would otherwise be made or continued as
Eurodollar Loans shall instead be made or continued, as the case may be, as ABR Loans and (y) if the affected Currency is an Agreed Foreign Currency, any Borrowing Request that requests
a Eurodollar Borrowing denominated in such Agreed Foreign Currency shall be ineffective. If any such conversion of a Eurodollar Loan occurs on a day which is not the last day of the then current Interest Period with respect thereto, GEO or
the Borrowers, as applicable, shall pay to such Lender such amounts, if any, as may be required pursuant to Section 2.13.  

(b) Notwithstanding any other provision of this Agreement, in the event that on or
after the date hereof any Lender, or the Administrative Agent determines that any Law (as defined below), or any Change in Law, shall make it unlawful for such Lender, or the Administrative Agent, as applicable, to make, maintain or fund any Loan to
any of the Australian Borrowers (other than as contemplated by Section 2.19(a)), such Lender (or the Administrative  

  
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Agent, as applicable) shall promptly give notice thereof to the Administrative Agent (in the case of an affected Lender) and GEO, and
(i) the commitments of such Lender hereunder to make or continue Loans to any such Australian Borrower shall be suspended (provided that, for avoidance of doubt, the commitment of such Lender to make Multicurrency Subfacility Loans to the
Borrowers shall not be suspended) during the period of such illegality (provided that, for the avoidance of doubt, any monetary obligations of such Lender (including in favor
of the Administrative Agent, the Swingline Lender, the Issuing Lenders or any other Lender) under the Loan Documents shall be unaffected due to such illegality or during such period) and such Lender shall be treated as if it were a Defaulting Lender
as a result of such illegality solely for purposes of Section 2.17(a) and Section 2.17(b) during the period of such illegality, and (ii) the affected Australian Borrower, as applicable, may, in its discretion, either (A) prepay
or cause to be prepaid such Loans, (B) exercise its rights under Section 2.17(b) with respect to such Lender, or (C) use commercially reasonable efforts to mitigate or avoid such illegality after such time as such Lender or the
Administrative Agent, as applicable, shall have complied with its obligations under the provisions of Section 2.17(a); provided that notwithstanding such efforts, if the maintenance of such Loans outstanding on such basis would not stop the
unlawfulness described above in this Section 2.19(b) from existing and such Lender shall have complied with its obligations under Section 2.17(a), the relevant Australian Borrower shall be required to prepay any such Loans borrowed by such
Australian Borrower on the last day of the Interest Period applicable to any such Loans or within such earlier period as may be required by Law, in which latter case such Australian Borrower shall also pay to such Lender such amounts, if any, as may
be required pursuant to Section 2.13. For purposes of this Section 2.19(b), “Law” means,
collectively, all international, foreign, federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof
by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental
Authority, in each case whether or not having the force of law. 
 Section 2.20 GEO
as Borrowers’ and Australian Borrowers’ Representative. Each Borrower and each Australian
Borrower hereby irrevocably designates and appoints GEO as its representative and agent on its behalf for purposes of all requests in respect of Loans (including Borrowing Requests and Interest Election Requests), delivering certificates,
giving instructions with respect to disbursements of proceeds of Loans, selecting interest rate options, giving and receiving all other notices and consents under this Agreement or under any of the other Loan Documents and taking all other actions
(on behalf of itself and any other Borrower and each Australian Borrower) hereunder or under the other Loan Documents. GEO hereby irrevocably accepts such appointment. The
Administrative Agent and each Lender may regard any notice or other communication pursuant to any Loan Document from GEO as a notice or communication from all Borrowers or all Australian
Borrowers, as the case may be. Each representation, warranty, covenant, agreement and undertaking made on behalf of any other Borrower or Australian Borrower by GEO shall be
deemed for all purposes to have been made by such Borrower or Australian Borrower, as applicable, and shall be binding upon and enforceable against such
Borrower or Australian Borrower to the same extent as if the same had been made directly by such Borrower or Australian
Borrower, as applicable. 
 Section 2.21 Joint and Several Obligations. 

(a) All Obligations under this Agreement that are stated under this Agreement to be Obligations of both Borrowers, including their Obligations
in respect of the Revolving Credit Loans, Swingline Loans and, RCF LCs and Multicurrency
Subfacility Loans borrowed by the Borrowers (but excluding, for the avoidance of doubt, the Term Loans, any Incremental Term Loans and, any AUD
LCs and Multicurrency Subfacility Loans borrowed by an Australian Borrower), shall be joint and 

  
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several Obligations of each Borrower (such Obligations, “Joint and Several Obligations”). Anything contained in this Agreement and the other Loan Documents to the contrary
notwithstanding, the Obligations of (i) each Borrower hereunder, solely with respect to the Joint and Several Obligations and to the extent that such Borrower did not receive
proceeds of Revolving Credit Loans or Multicurrency Subfacility Loan from any Borrowing hereunder, in any action or proceeding involving any state corporate, limited partnership or
limited liability company law, or any applicable state, federal or foreign bankruptcy, insolvency, reorganization or other law affecting the rights of creditors generally, if the Obligations of such Borrower would otherwise be held or determined to
be void, voidable, invalid or unenforceable, or subordinated to the claims of any other creditors, on account of the amount of its liability under this Section 2.21(a) in respect of such Obligations, then, notwithstanding any other provision
to the contrary, the amount of such liability shall, without any further action by such Borrower or any other person, be automatically limited and reduced to the highest amount (after giving effect to any right of contribution) that is valid and
enforceable and not subordinated to the claims of other creditors as determined in such action or proceeding. and (ii) each Australian Borrower shall be limited to the
Obligations solely in respect of the Multicurrency Subfacility Loans borrowed by such Australian Borrower (and any obligations associated with such Multicurrency Subfacility Loans expressly stated to be applicable to such Australian Borrower under
this Agreement) and shall not be, or be deemed to be, a Guarantee of any Obligations of any other Person. 
 (b) Each Borrower hereby
agrees that until the payment and satisfaction in full in cash of all Obligations (other than those described in clause (bc) of the definition
thereof or contingent obligations, in each case, not then due and payable) and the expiration and termination of the Commitments of the Lenders under this Agreement it shall not exercise any direct or indirect right or remedy arising as a result of
such Joint and Several Obligations, whether by subrogation or otherwise, against the other Borrower or any other Guarantor. 
 (c) Each
Borrower hereby agrees that to the extent that a Borrower shall have paid more than its proportionate share of any payment made hereunder in respect of Joint and Several Obligations, such Borrower shall be entitled to seek and receive contribution
from and against the other Borrower. Each Borrower’s right of contribution shall be subject to the terms and conditions of Section 2.21(b). The provisions of this Section 2.21(c) shall in no respect limit the obligations
and liabilities of either Borrower to the Administrative Agent, the Issuing Lenders, the Swingline Lender and the Lenders, and each Borrower shall remain liable to the Administrative Agent, the Issuing Lenders, the Swingline Lender and the Lenders
for the full amount of all Joint and Several Obligations. 
 (d) The Joint and Several Obligations of the Borrowers, to the fullest extent
permitted by applicable Law, are absolute, irrevocable and unconditional, joint and several, irrespective of the value, genuineness, validity, regularity or enforceability of the Joint and Several Obligations, or any substitution, release or
exchange of any guarantee of or security for any of the Joint and Several Obligations, and, irrespective of any other circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor (except
for payment in full). Without limiting the generality of the foregoing, it is agreed that the occurrence of any one or more of the following shall not alter or impair the liability of the Borrowers hereunder which shall remain absolute, irrevocable
and unconditional under any and all circumstances as described above: 
 (i) at any time or from time to time, without notice
to the Borrowers, to the extent permitted by applicable law, the time for any performance of or compliance with any of the Joint and Several Obligations shall be extended, or such performance or compliance shall be waived; 

(ii) any of the acts mentioned in any of the provisions of this Agreement or any other agreement or instrument referred to
herein or therein shall be done or omitted; 

  
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 (iii) the maturity of any of the Joint and Several Obligations shall be
accelerated, or any of the Joint and Several Obligations shall be amended in any respect, or any right under the Loan Documents or any other agreement or instrument referred to herein or therein shall be amended or waived in any respect or any
guarantee of any of the Joint and Several Obligations or except as permitted pursuant to Section 9.02, any security therefor shall be released or exchanged in whole or in part or otherwise dealt with; 

(iv) any Lien or security interest granted to, or in favor of, an Issuing Lender, any Lender or the Administrative Agent as
security for any of the Joint and Several Obligations shall fail to be perfected; or 
 (v) the release of any other
Guarantor pursuant to Section 9.02 or otherwise. 
 To the extent permitted by applicable law, each Borrower hereby expressly
waives diligence, presentment, demand of payment, protest and all notices whatsoever, and any requirement that any Secured Party exhaust any right, power or remedy or proceed against the other Borrower under this Agreement or any other agreement or
instrument referred to herein or therein, or against any person under any other guarantee of, or security for, any of the Joint and Several Obligations. The Borrowers waive, to the extent permitted by Law, any and all notice of the creation,
renewal, extension, waiver, termination or accrual of any of the Joint and Several Obligations. The Borrowers’ Joint and Several Obligations shall not be conditioned or contingent upon the pursuit by the Secured Parties or any other person at
any time of any right or remedy against the Borrowers or either of them or against any other person which may be or become liable in respect of all or any part of the Joint and Several Obligations or against any collateral security or guarantee
therefor or right of offset with respect thereto. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

The Borrowers hereby jointly and severally represent and warrant to the Administrative Agent and the Lenders that: 

Section 3.01 Organization; Powers and Qualifications. Each of GEO and its Subsidiaries is duly organized, validly existing and in
good standing (or its equivalent) (if such concept exists in such jurisdiction) under the laws of the jurisdiction of its organization, has all requisite power and authority to carry
on its business as now conducted and, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and is in good standing
(if such concept exists in such jurisdiction) in, every jurisdiction where such qualification is required. 

Section 3.02 Authorization; Enforceability. The Transactions are within the corporate or other power of each Borrower and each
Restricted Subsidiary and have been duly authorized by all necessary corporate or other action (including, if required, equityholder action) on the part of such Borrower and such Restricted Subsidiary. This Agreement has been duly executed and
delivered by each Borrower and constitutes, and each of the other Loan Documents to which any Borrower or any Restricted Subsidiary is a party when executed and delivered will constitute, a legal, valid and binding obligation of such Borrower and
such Restricted Subsidiary, enforceable against such Borrower and such Restricted Subsidiary in accordance with its terms, except as such enforceability may be limited by (a) bankruptcy, insolvency, reorganization, moratorium or similar laws of
general applicability affecting the enforcement of creditors’ rights and (b) the application of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

  
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 Section 3.03 Governmental Approvals; No Conflicts. The Transactions: 

(a) do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except for
(i) such as have been obtained or made and are in full force and effect, (ii) as may be required by laws affecting the offering and sale of securities generally, (iii) filings with the United States Copyright Office and/or the United
States Patent and Trademark Office, (iv) filings under the UCC and/or the Assignment of Claims Act (or analogous state applicable law), and (v) any other filings and recordings in respect of the Liens created pursuant to the Security
Documents; 
 (b) will not violate any applicable law or regulation or the charter, by-laws or other organizational documents of GEO or any
of its Subsidiaries or any order of any Governmental Authority; 
 (c) will not violate or result in a default under any indenture, agreement
or other instrument binding upon GEO or any of its Subsidiaries or assets, or give rise to a right thereunder to require any payment to be made by any such Person, or, in the case of the
Australian Trustee, cause or result in a breach of trust; and 
 (d) except for the Liens created pursuant to the Loan Documents,
will not result in the creation or imposition of any Lien on any asset of GEO or any of its Subsidiaries. 
 Section 3.04 Financial
Condition; No Material Adverse Change. 
 (a) Financial Condition. GEO has heretofore furnished to the Lenders its consolidated
balance sheet and statements of income, stockholders’ equity and cash flows as of and for the fiscal year ended December 31, 2012, reported on by Grant Thornton LLC, independent public accountants. Such financial statements present fairly,
in all material respects, the financial position and results of operations and cash flows of GEO and its Subsidiaries and Other Consolidated Persons as of such date and for such period in accordance with GAAP. 

(b) No Material Adverse Change. Since December 31, 2012, no event has occurred or condition has arisen that has had or could
reasonably be expected to have a Material Adverse Effect. 
 Section 3.05 Properties. 

(a) Property Generally. Each of GEO and its Restricted Subsidiaries has good title to, or valid leasehold interests in, all its real and
personal property material to its business, subject only to Liens permitted by Section 6.02 and except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to
utilize such properties for their intended purposes. 
 (b) Intellectual Property Matters. Each of GEO and its Restricted Subsidiaries
owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by GEO and its Restricted Subsidiaries does not infringe upon the rights of any other Person,
except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 

Section 3.06 Litigation. 

(a) Actions, Suits and Proceedings. Other than the Disclosed Matters, there are no actions, suits or proceedings by or before any
arbitrator or Governmental Authority now pending against or, to the knowledge of any Borrower, threatened against or affecting GEO or any of its Subsidiaries, or that involve this Agreement or the Transactions, as to which there is a reasonable
possibility of an adverse determination and that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. 

  
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 (b) Change in Disclosed Matters. Since the date of this Agreement, there has been no
change in the status of the Disclosed Matters that, individually or in the aggregate, has resulted in, or materially increased the likelihood of, a Material Adverse Effect. 

Section 3.07 Environmental Matters. Except for the Disclosed Matters and except with respect to any other matters that,
individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, neither GEO nor any of its Restricted Subsidiaries (i) has failed to comply with any Environmental Law or to obtain, maintain or comply
with any permit, license or other approval required under any Environmental Law, (ii) has become subject to any Environmental Liability, (iii) has received written notice of any claim with respect to any Environmental Liability or
(iv) knows of any facts, events or circumstances that could give rise to any basis for any Environmental Liability of GEO or any of its Restricted Subsidiaries. 

Section 3.08 Compliance with Laws and Agreements; No Defaults. Each of GEO and its Restricted Subsidiaries is in compliance with
all laws, regulations and orders of any Governmental Authority applicable to it or its property, or the Australian Trust’s property, and all indentures, agreements and other
instruments binding upon it or its property, or the Australian Trust’s property, except where the failure to do so, individually or in the aggregate, could not reasonably be
expected to result in a Material Adverse Effect. No Default has occurred and is continuing. 
 Section 3.09 Government
Regulation. Neither GEO nor any of its Subsidiaries is an “investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940. 

Section 3.10 Tax Returns and Payments. Each of GEO and its Subsidiaries has timely filed or caused to be filed all material Tax
returns and reports required to have been filed and has paid or caused to be paid all Taxes required to have been paid by it, except (a) Taxes that are being contested in good faith by appropriate proceedings and for which such Person has set
aside on its books adequate reserves with respect thereto in accordance with GAAP or (b) to the extent that any such failure could not reasonably be expected to result in a Material Adverse Effect. 

Section 3.11 ERISA. No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other such
ERISA Events for which liability is reasonably expected to occur, could reasonably be expected to result in a Material Adverse Effect. The present value of all accumulated benefit obligations under each Plan (based on the assumptions used for
purposes of U.S. GAAP Codification Topic 715-30) did not, as of the date of the most recent financial statements reflecting such amounts, exceed by more than $5,000,000 the fair market value of the assets of such Plan, and the present value of
all accumulated benefit obligations of all underfunded Plans (based on the assumptions used for purposes of U.S. GAAP Codification Topic 715-30) did not, as of the date of the most recent financial statements reflecting such amounts, exceed by
more than $5,000,000 the fair market value of the assets of all such underfunded Plans. 
 Section 3.12 Disclosure. GEO has
disclosed to the Lenders (including by means of filings with the Securities and Exchange Commission) all agreements, instruments and corporate or other restrictions to which it or any of its Subsidiaries is subject, and all other matters known to
it, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. None of the reports, financial statements, certificates or other information furnished in writing by or on behalf of GEO or its
Restricted Subsidiaries to the Lenders in connection with the negotiation of this Agreement and the other Loan Documents or delivered hereunder or thereunder (as modified or 

  
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supplemented by all other information so furnished) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided that, with respect to projected financial information, the Borrowers represent only that such information was prepared in good faith based upon assumptions believed to be
reasonable at the time. 
 Section 3.13 Margin Stock. Neither GEO nor any of its Subsidiaries is engaged principally, or as one
of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying Margin Stock, and no part of the proceeds of any extension of credit hereunder will be used to buy or
carry any Margin Stock. 
 Section 3.14 Agreements and Liens. 

(a) Indebtedness and Guaranty Obligations. Part A of Schedule 3.14 of the Disclosure Supplement is a complete and correct
list of each credit agreement, loan agreement, indenture, note purchase agreement, guarantee, letter of credit or other arrangement (other than the Loan Documents) providing for or otherwise relating to any Indebtedness or any extension of credit
(or commitment for any extension of credit) to, or Guarantee by, GEO or any of its Restricted Subsidiaries outstanding on the date hereof the aggregate principal or face amount of which equals or exceeds (or may equal or exceed) $5,000,000. 

(b) Liens. Part B of Schedule 3.14 of the Disclosure Supplement is a complete and correct list of each Lien securing
Indebtedness (other than any Indebtedness constituting Obligations) of any Person outstanding on the date hereof the aggregate principal or face amount of which equals or exceeds (or may equal or exceed) $5,000,000 and covering any property of GEO
or any of its Restricted Subsidiaries, and the aggregate Indebtedness secured (or that may be secured) by each such Lien and the property covered by each such Lien is described in reasonable detail in said Part B of Schedule 3.14. 

Section 3.15 Material Contracts. Neither GEO nor any of its Subsidiaries is on the date hereof party to any Material Contract
other than the Loan Documents and the Senior Notes Indentures. 
 Section 3.16 Subsidiaries and Investments. 

(a) Subsidiaries. Set forth in Part A of Schedule 3.16 of the Disclosure Supplement is a complete and correct list of all of
the Subsidiaries of GEO as of the date hereof together with, for each such Subsidiary, (i) the jurisdiction of organization of such Subsidiary, (ii) each Person holding ownership interests in such Subsidiary, (iii) the nature of the
ownership interests held by each such Person and the percentage of ownership of such Subsidiary represented by such ownership interests and (iv) an indication of whether such Subsidiary is a Restricted Subsidiary. Except as disclosed in said
Part A of Schedule 3.16, on the date hereof (x) each of GEO and its Subsidiaries owns free and clear of Liens (other than Liens created pursuant to the Security Documents), and has the unencumbered right to vote, all outstanding
ownership interests in each Person shown to be held by it in said Part A of Schedule 3.16, (y) all of the issued and outstanding capital stock of each such Person organized as a corporation is validly issued, fully paid and
nonassessable and (z) there are no outstanding Equity Rights with respect to such Person. 
 (b) Investments. Set forth in
Part B of Schedule 3.16 of the Disclosure Supplement is a complete and correct list of all Investments (other than Investments disclosed in said Part A of Schedule 3.16 and other than Investments of the types referred to in
clauses (b) through (m) of Section 6.04) held by GEO or any of its (i) Subsidiaries in GEO or any Restricted Subsidiary or (ii) Restricted Subsidiaries in any Person, in each case on the date hereof and,
for each such Investment, (x) the identity of the Person or Persons holding such Investment and (y) the nature of such Investment. Except as disclosed in said Part B of Schedule 3.16, each of GEO and its Subsidiaries owns, free
and clear of all Liens (other than Liens created pursuant to the Security Documents), all such Investments. 

  
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 Section 3.17 Real Property. Set forth on Schedule 3.17 of the Disclosure
Supplement is a list, as of the Second Restatement Effective Date, of all of the real property interests held by GEO and its Restricted Domestic Subsidiaries, indicating in each case whether the respective property is owned or leased, the identity
of the owner or lessee and the location of the respective property. Except as set forth in said Schedule 3.17, as of the Second Restatement Effective
Date, no Mortgage encumbers real property which is located in an area that has been identified as an area having special flood hazards and in which flood insurance has
been made available under the National Flood Insurance Act of 1968 (the “Flood Act”)a Flood Zone. 

Section 3.18 Solvency. GEO and each of its Subsidiaries is Solvent. 

Section 3.19 Employee Relations. Neither GEO nor any Restricted Subsidiary is, as of the Second Restatement Effective Date,
party to any collective bargaining agreement nor has any labor union been recognized as the representative of its employees except as set forth on Schedule 3.19 of the Disclosure Supplement. GEO knows of no pending, threatened or
contemplated strikes, work stoppage or other collective labor disputes involving its employees or those of the Restricted Subsidiaries. 

Section 3.20 Burdensome Provisions. Neither GEO nor any Restricted Subsidiary is a party to any indenture, agreement, lease or
other instrument, or subject to any corporate or partnership restriction, Governmental Approval or applicable law which in the foreseeable future could be reasonably expected to have a Material Adverse Effect. GEO and its Restricted Subsidiaries do
not presently anticipate that future expenditures needed to meet the provisions of any statutes, orders, rules or regulations of a Governmental Authority will be so burdensome as to have a Material Adverse Effect. No Restricted Subsidiary (other
than, with respect to Unrestricted Subsidiary Debt, any Subsidiary that is an obligor under such Unrestricted Subsidiary Debt) is party to any agreement or instrument of the type described in Section 6.07 or otherwise subject to any
restriction or encumbrance that restricts or limits its ability to make dividend payments or other distributions in respect of its capital stock to GEO or any Restricted Subsidiary or to transfer any of its assets or properties to GEO or any other
Restricted Subsidiary in each case other than existing under or by reason of the Loan Documents or applicable law. 
 Section 3.21
REIT Status. As of the Second Restatement Effective Date, GEO is qualified, and intends to continue to be qualified, as a real estate investment trust under Section 856(c) of the Code. 

Section 3.22 Anti-Terrorism Laws and Sanctions; AML Laws; Anti-Corruption Laws. GEO has implemented and maintains in effect
policies and procedures designed to ensure compliance by GEO and its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. None of (a) GEO or any of
its Subsidiaries or any of their respective directors or officers, or, to GEO’s knowledge, any of their respective employees or Affiliates, or (b) to GEO’s knowledge, any agent of GEO or any Subsidiary or other Affiliate that will act
in any capacity in connection with or benefit from any credit facility established hereby, (i) is a Sanctioned Person, or (ii) is in violation of AML Laws, Anti-Corruption Laws, or Sanctions. No Borrowing, Letter of Credit, use of proceeds
or other transaction contemplated by this Agreement will cause a violation of AML Laws, Anti-Corruption Laws or applicable Sanctions by any person participating in the transactions contemplated by this Credit Agreement, whether as lender, borrower,
guarantor, agent, or otherwise. GEO represents that, except as disclosed to the Administrative Agent and the Lenders prior to the Second Restatement Effect Date, neither it nor any of its Subsidiaries or, to GEO’s knowledge, any other Affiliate
has engaged in or intends to engage in any dealings or transactions with, or for the benefit of, any Sanctioned Person or with or in any Sanctioned Country. 

  
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 Section 3.23 EEA Financial
Institution. None of GEO or any of its Subsidiaries is an EEA Financial Institution. 

Section 3.24 Governing Law and Enforcement  

(a) The choice of law referred to in Section 9.09 as the governing law of this
Agreement will be recognized and enforced in each Australian Borrower’s jurisdiction of incorporation. 

(b) Any judgment obtained against an Australian Borrower in the jurisdiction
referred to in Section 9.09 in relation to a Loan Document will be recognized and enforced in such Australian Borrower’s jurisdiction of incorporation. 

Section 3.25
Trustee. No Subsidiary of GEO incorporated in Australia (other than the Australian Trustee) has entered into any Loan Document as trustee of any trust or settlement. 

Section 3.26 Representations Concerning the Australian
Trustee. 

(a) The Australian Trustee as trustee. 

(i) The Australian Trustee is the only trustee of the Australian
Trust. No action has been taken or, to the best of the Australian Trustee’s knowledge and belief, proposed by any person with the power or standing to do so, to remove it as trustee of the Australian Trust or to appoint an additional trustee to
the Australian Trust, except as permitted by Section 6.14(a). 

(ii) The Australian Trustee has never been the only unit holder of
the Australian Trust.  
 (b) The Australian Trust. 

(i) The Australian Trust is properly constituted. No action has been
taken or, to the best of the Australian Trustee’s knowledge and belief, proposed by any person with the power or standing to do so to terminate or resettle the Australian Trust. 

(ii) The Australian Trust is not a managed investment scheme that
must be registered under Part 5C.1 of the Australian Corporations Act. 

(c) The Australian Trust Instrument. 

(i) The Australian Trustee has provided to the Administrative Agent
a true and correct up-to-date copy of the Australian Trust Instrument which discloses all the terms of the Australian Trust, other than those implied or provided by law. 

(ii) The Australian Trust Instrument constitutes valid, binding and
enforceable obligations of the parties to it, is duly stamped and complies with all applicable laws.  

(d) Powers and duties.  

(i) The Australian Trustee has the power to own its assets and carry
on the business of the Australian Trust as it is being conducted on the Third Amendment Effective Date. 

  
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 (ii) The Australian
Trustee has power to enter into this Agreement (and any other Loan Documents to which it may be or become party) and the transactions contemplated hereby (and thereby), exercise its rights under them and comply with its
obligations in connection with this Agreement (and any such other Loan Documents) as trustee of the Australian Trust and in doing so it has acted and is acting properly. All requirements to
enable it to do so have been and remain satisfied.  
 (e) The Australian
Trust assets. Except as expressly permitted by this Agreement, no Australian Trust asset has been resettled or vested in any person. No one is presently entitled to call for the distribution of the Australian Trust assets other than a Borrower, an
Australian Borrower, a Guarantor or GEO International Holdings, LLC. 

(f) The Australian Trustee’s indemnity. 

(i) The Australian Trustee enjoys the benefit of and may exercise
and enforce rights of indemnity to apply, use or retain Australian Trust assets to satisfy its obligations arising under or in connection with the Loan Documents and the transactions they contemplate, without the consent or approval of any person or
court (except where such consent or approval is required under the Australian Trust Instrument or applicable laws). Those rights are not subject to a limitation or obligation to make good or clear accounts and the Credit Parties may subrogate to
them except to the extent affected by their own conduct, other than as contemplated in the Australian Trust Instrument. 

(ii) After taking into account all other present and contingent
Australian Trust liabilities, the Australian Trust assets are sufficiently valuable to satisfy in full the Australian Trustee’s indemnity with respect to its payment obligations in connection with the Loan Documents and the transactions they
contemplate as and when they become due and payable.  

(iii) No application or order has been sought by a person other than
a Credit Party or has been made in any court for a person to subrogate to the Australian Trustee’s indemnity with respect to Australian Trust assets. 

ARTICLE IV 
 CONDITIONS 

Section 4.01 Second Restatement Effective Date. This Agreement shall not be effective and the obligations of the Lenders to
make any Revolving Credit Loans and the Issuing Lenders to issue Letters of Credit hereunder shall not become effective until the date that each of the following conditions precedent is satisfied, each of which shall be satisfactory to the
Administrative Agent (and to the extent specified below, to each Lender) in form and substance (or such condition shall have been waived in accordance with Section 9.02): 

(a) Executed Counterparts. The Administrative Agent (or Special Counsel on its behalf) shall have received counterparts of the following
documents signed by the following parties: (i) from the Borrowers, this Agreement, and (ii) from each Borrower, each Revolving Credit Lender and the Required Lenders under (and as defined in) the Existing Credit Agreement, a Lender
Addendum. 

  
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 (b) Opinions of Counsel to the Borrowers and the Guarantors. The Administrative Agent (or
Special Counsel on its behalf) shall have received a favorable written opinion (addressed to the Administrative Agent and the Lenders and dated the Second Restatement Effective Date) (i) of Akerman LLP, counsel for the Borrowers and the
Guarantors, in form and substance reasonably satisfactory to the Administrative Agent and covering such matters relating to the Borrowers, the Guarantors, this Agreement or the Transactions as the Administrative Agent shall reasonably request (and
each Borrower and each Guarantor hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent), (ii) of Hughes Gorski Seedorf Odsen & Tervooren, LLC, Alaska counsel for Cornell Corrections of
Alaska, Inc., a Subsidiary of GEO, in form and substance reasonably satisfactory to the Administrative Agent and covering such matters relating to such Subsidiary as the Administrative Agent shall reasonably request, and (iii) of the in-house
General Counsel for the Borrowers and the Guarantors, in form and substance reasonably satisfactory to the Administrative Agent and covering such other matters relating to the Borrowers, the Guarantors, this Agreement or the Transactions as the
Administrative Agent shall reasonably request (and each Borrower and each Guarantor hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent). 

(c) Opinion of Special Counsel. The Administrative Agent shall have received an opinion, dated the Second Restatement Effective
Date, of Special Counsel, in form and substance satisfactory to the Administrative Agent (and BNP Paribas hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent). 

(d) Governmental and Third Party Approvals. The Administrative Agent (or Special Counsel on its behalf) shall have received evidence
that GEO and each Restricted Subsidiary shall have obtained all necessary approvals, authorizations and consents of any Person and of all Governmental Authorities and courts having jurisdiction with respect to the transactions contemplated by this
Agreement and the other Loan Documents. 
 (e) Corporate Documents. The Administrative Agent (or Special Counsel on its behalf) shall
have received such documents and certificates as the Administrative Agent or Special Counsel may reasonably request relating to the organization, existence and good standing of each Borrower and each Guarantors, the authorization of the Transactions
and any other legal matters relating to the Borrowers, the Guarantors, this Agreement or the Transactions, all in form and substance satisfactory to the Administrative Agent and its counsel. 

(f) Officer’s Certificate. The Administrative Agent (or Special Counsel on its behalf) shall have received a certificate, dated the
Second Restatement Effective Date and signed by the President, a Vice President or a Financial Officer of GEO, to the effect that, on and as of the Second Restatement Effective Date (i) the representations and warranties of each
Borrower and each Restricted Subsidiary set forth in this Agreement and in each of the other Loan Documents to which it is a party are true and correct and (ii) no Default has occurred and is continuing. 

(g) Notes. The Administrative Agent (or Special Counsel on its behalf) shall have received for each Lender that shall have requested
Note(s), duly completed and executed Note(s) for such Lender. 
 (h) Collateral Agreement. The Administrative Agent (or Special
Counsel on its behalf) shall have received (i) a confirmation of the Collateral Agreement in form and substance reasonably satisfactory to the Administrative Agent, duly executed and delivered by each Borrower, each Guarantor and the
Administrative Agent, (ii) original stock certificates or other certificates evidencing the Equity Interests pledged pursuant to the Collateral Agreement (to the extent such Equity Interests are certificated), together with an undated stock
power for each such certificate so received, duly executed in blank by the registered owner thereof, and (iii) each original promissory note pledged pursuant to the Collateral Agreement. In addition, all filings and recordations that are
necessary to perfect the security interests of the Lenders in the collateral described in the Security Documents (including, without limitation, Assignment Agreements executed by the applicable Borrower or Restricted Subsidiary, as the

  
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case may be, and Notices of Assignment executed by the Administrative Agent, in each case, with respect to each Material Government Contract existing as of the Second Restatement Effective
Date but, for the avoidance of doubt, not including acknowledgments of any such Notices of Assignment executed by the relevant Governmental Authorities) shall have been received by the Administrative Agent, and the Administrative Agent shall have
received evidence reasonably satisfactory to it that upon such filings and recordations, such security interests constitute valid and perfected Liens therein, subject to no other Liens except for Liens permitted by Section 6.02. 

(i) Guaranty Agreement. The Administrative Agent (or Special Counsel on its behalf) shall have received a confirmation of the Guaranty
Agreement in form and substance reasonably satisfactory to the Administrative Agent, duly executed and delivered by the Borrowers, the Guarantors and the Administrative Agent. 

(j) Collateral Assignment. The Administrative Agent (or Special Counsel on its behalf) shall have received a confirmation of the
Collateral Assignment in form and substance reasonably satisfactory to the Administrative Agent, duly executed and delivered by each Borrower, each Guarantor and the Administrative Agent. In addition, each Borrower and each such Guarantor shall have
taken such other action as the Administrative Agent shall have requested in order to perfect (or continue the perfection of) the security interests created pursuant to the Collateral Assignment. 

(k) Lien Search Results. If requested by the Administrative Agent, the Administrative Agent (or Special Counsel on its behalf) shall
have received the results of a recent lien search in each jurisdiction reasonably requested by the Administrative Agent with respect to GEO and each Guarantor (to the extent obtainable in such jurisdiction), and such search results shall not reveal
Liens on any of the assets of GEO or any Guarantor except for Liens permitted hereunder or Liens to be discharged on or prior to the Second Restatement Effective Date pursuant to documentation reasonably satisfactory to the Administrative
Agent. 
 (l) Insurance. The Administrative Agent (or Special Counsel on its behalf) shall have received certificates of insurance
(together with copies of the applicable policy endorsements) evidencing the existence of all insurance required to be maintained by GEO and each of its Subsidiaries pursuant to Section 5.05(b) and the designation of the Administrative
Agent as the loss payee, mortgagee or additional named insured, as the case may be, thereunder to the extent required by Section 5.05(b), such certificates to be in such form and contain such information as is specified in
Section 5.05(b). 
 (m) [Reserved]. 

(n) [Reserved]. 
 (o)
Fees and Expenses. The Administrative Agent shall have received evidence that GEO shall have paid such fees as GEO shall have agreed to pay to any Lender or the Administrative Agent in connection herewith, including the reasonable fees and
expenses of Special Counsel, in connection with the negotiation, preparation, execution and delivery of this Agreement and the other Loan Documents and the extensions of credit hereunder (to the extent that statements for such fees and expenses have
been delivered to GEO). 
 (p) USA PATRIOT Act Compliance. The Administrative Agent shall have received all documentation and other
information required by regulatory authorities under applicable “know your customer” and AML Laws, including without limitation the USA PATRIOTPatriot
Act referred to in Section 9.13. 

  
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 (q) Account Control Agreement Deliverables. The Administrative Agent (or Special Counsel
on its behalf) shall have received such account control agreements, or amendments to any account control agreement in existence on the Second Restatement Effective Date pursuant to the Existing Credit Agreement, as shall be reasonably requested
by the Administrative Agent with respect to all Deposit Accounts and Securities Accounts (each as defined in the UCC) of the Borrowers and the Restricted Subsidiaries, except as otherwise provided in the Collateral Agreement. 

(r) Flood Hazard Determination. A completed Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each
property covered by a Mortgage and, if any property covered by a Mortgage is located in a flood hazard area, evidence of flood insurance reasonably satisfactory to the Administrative Agent. 

(s) Other Documents. The Administrative Agent (or Special Counsel on its behalf) shall have received such other documents as the
Administrative Agent (or Special Counsel on its behalf) or any Lender may reasonably request. 
 Notwithstanding the foregoing, the
obligations of the Lenders to make Loans and the Issuing Lenders to issue Letters of Credit hereunder shall not become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 9.02) at or prior to
5:00 p.m., New York City time, on September 30, 2014 (and, in the event such conditions are not so satisfied or waived, the Commitments shall terminate at such time). 

Section 4.02 Each Extension of Credit. The obligation of each Lender to make any Loan and of each Issuing Lender to issue, amend,
renew or extend any Letter of Credit is subject to the satisfaction of the following conditions: 
 (a) the Administrative Agent shall have
received a Borrowing Request; 
 (b) the representations and warranties of each Borrower and each Restricted Subsidiary set forth in this
Agreement and in each of the other Loan Documents to which it is a party shall be true and correct in all material respects (other than any representations and warranties qualified by materiality or Material Adverse Effect, which shall be true and
correct in all respects) on and as of the date of such Loan or the date of issuance, amendment, renewal or extension of such Letter of Credit, as applicable (other than any representations and warranties that speak as of a certain date, which shall
be true and correct on and as of such date), other than, if the Australian Borrower Resignation Date shall have occurred, such representations and warranties set forth in Section 3.24,
Section 3.25 and Section 3.26; and 
 (c) at the time of and immediately after giving effect to such Loan or the issuance,
amendment, renewal, or extension of such Letter of Credit, as applicable, no Default shall have occurred and be continuing. 
 Each
Borrowing and each issuance, amendment, renewal or extension of a Letter of Credit, as applicable, shall be deemed to constitute a representation and warranty by each Borrower on the date thereof as to the matters specified in the preceding
sentence. 
 ARTICLE V 

AFFIRMATIVE COVENANTS 
 Until the
Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full, and all Letters of Credit shall have expired or been terminated and all LC Disbursements shall
have been reimbursed, each Borrower covenants and agrees with the Lenders that: 

  
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 Section 5.01 Financial Statements and Other Information. GEO will furnish to the
Administrative Agent (for further distribution to the Lenders): 

(a) within 90 days after the end of each fiscal year of GEO, the audited consolidated balance sheet and related statements
of operations, stockholders’ equity and cash flows of GEO and its Subsidiaries and Other Consolidated Persons as of the end of and for such year, setting forth in each case in comparative form the figures for (or, in the case of the balance
sheet, as of the end of) the previous fiscal year, all reported on by Grant Thornton LLC or other independent public accountants of recognized national standing (without a “going concern” or like qualification or exception and without any
qualification or exception as to the scope of such audit) to the effect that such consolidated financial statements present fairly in all material respects the financial condition and results of operations of GEO and its Subsidiaries on a
consolidated basis in accordance with GAAP consistently applied (it being understood and agreed that GEO’s filing of a Form 10-K with the Securities and Exchange Commission with respect to a fiscal year within the period specified above
shall be deemed to satisfy GEO’s obligations under this Section 5.01(a) with respect to such fiscal year); 

(b) within 45 days after the end of each of the first three fiscal quarters of each fiscal year of GEO, the consolidated
balance sheet and related statements of operations, stockholders’ equity and cash flows of GEO and its Subsidiaries and Other Consolidated Persons as of the end of and for such fiscal quarter and the then elapsed portion of the fiscal year,
setting forth in each case in comparative form the figures for (or, in the case of the balance sheet, as of the end of) the corresponding period or periods of the previous fiscal year, all certified by a Financial Officer of GEO as presenting fairly
in all material respects the financial condition and results of operations of GEO and its Subsidiaries and Other Consolidated Persons on a consolidated basis in accordance with GAAP consistently applied, subject to normal year-end audit adjustments
and the absence of footnotes (it being understood and agreed that GEO’s filing of a Form 10-Q with the Securities and Exchange Commission with respect to a fiscal quarter within the period specified above shall be deemed to satisfy
GEO’s obligations under this Section 5.01(b) with respect to such fiscal quarter); 
 (c) concurrently with
any delivery of financial statements under clause (a) or (b) of this Section, a certificate of a Financial Officer of GEO in form and scope reasonably satisfactory to the Administrative Agent (i) certifying as to whether
a Default has occurred and, if a Default has occurred, specifying the details thereof and any action taken or proposed to be taken with respect thereto, (ii) setting forth reasonably detailed calculations demonstrating compliance with
Section 6.01, Section 6.02, Section 6.04, Section 6.05 and Section 6.09, (iii) stating whether any change in GAAP or in the application thereof has occurred since the date of the
audited financial statements referred to in Section 3.04 and, if any such change has occurred, specifying the effect of such change on the financial statements accompanying such certificate and (iv) stating the aggregate amount of
Unrestricted Subsidiary Debt and the portion thereof Guaranteed by GEO or any Restricted Subsidiary outstanding as of the last day of the relevant fiscal quarter or fiscal year, as the case may be, and, in each case, the aggregate amount of
principal thereof and interest thereon paid by GEO and its Restricted Subsidiaries during the four fiscal quarters immediately preceding such day; 

(d) concurrently with any delivery of financial statements under clause (a) of this Section, a certificate of the
accounting firm that reported on such financial statements stating whether they obtained knowledge during the course of their examination of such financial statements of any Default (which certificate may be limited to the extent required by
accounting rules or guidelines); 

  
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 (e) promptly after periodic and other reports, proxy statements and other
materials are filed by GEO or any of its Subsidiaries with the Securities and Exchange Commission, or any Governmental Authority succeeding to any or all of the functions of said Commission, or with any national securities exchange, or distributed
by GEO to its shareholders generally, notice thereof; 
 (f) promptly following any request therefor, such other information regarding the
operations, business affairs and financial condition of GEO or any of its Subsidiaries or the Australian Trust, or compliance with the terms of this Agreement and the other Loan
Documents, as the Administrative Agent or any Lender may reasonably request; and 
 (g) within 30 days after the
beginning of each fiscal year of GEO commencing with the fiscal year commencing on or about January 1, 2014, a business forecast of GEO and its Subsidiaries and Other Consolidated Persons for such fiscal year to include the following: a
projected income statement, statement of cash flows and balance sheet (each prepared in accordance with GAAP, except for the absence of footnotes) and, to the extent reasonably requested by the Administrative Agent, management’s assumptions
underlying such projections, accompanied by a certificate from a Financial Officer of GEO to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing reasonable assumptions) of the financial
condition and operations of GEO and its Subsidiaries and Other Consolidated Persons for such fiscal year.; and  

(h) unless the Australian Borrower Resignation Date shall have occurred, promptly
after execution, a copy (certified by an officer, who is an authorized signatory, of the Australian Trustee) of any documents amending or supplementing the Australian Trust Instrument in a manner adverse to the interests of the Administrative Agent
or the Lenders in any material respect. 
 Section 5.02 Notices of Material Events. GEO will furnish to the
Administrative Agent (for further distribution to the Lenders) prompt written notice of the following: 

(a) (i) the occurrence of any Default, or (ii) any event which constitutes or which with the passage of time or giving of notice or both
would constitute a default or event of default under any Material Contract to which GEO or any of its Subsidiaries is a party or by which GEO or any Subsidiary thereof or any of their respective properties may be bound; 

(b) the filing or commencement of any action, suit or proceeding by or before any arbitrator or Governmental Authority against or affecting GEO
or any of its Affiliates that, if adversely determined, could reasonably be expected to result in a Material Adverse Effect; 
 (c) the
occurrence of any ERISA Event that, alone or together with any other ERISA Events that have occurred, could reasonably be expected to result in liability of GEO and its Subsidiaries in an aggregate amount exceeding $5,000,000; 

(d) any notice of any material violation of Environmental Law or any claim with respect to any Environmental Liability received by GEO or any
Subsidiary thereof, including, without limitation, the assertion of any environmental matters by any Person against, or with respect to the activities of, GEO or any of its Subsidiaries and any alleged violation of or non-compliance with any
Environmental Laws or any permits, licenses or authorizations, other than, in each case, any violation or claim that, if adversely determined, would not (either individually or in the aggregate) have a Material Adverse Effect; 

  
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 (e) any labor controversy that has resulted in, or threatens to result in, a strike or other work
action against GEO or any of its Subsidiaries thereof which could reasonably be expected to result in a Material Adverse Effect; 
 (f)
contemporaneously with the delivery of the quarterly reports required herein, (and, upon the occurrence and during the continuation of an Event of Default, on a more frequent basis if requested by the Administrative Agent), a list of all Material
Government Contracts which have (i) been completed or have lapsed or terminated and not renewed or (ii) been entered into (or which have become Material Government Contracts) in each case, since the most recent list provided by GEO and
signed by a Financial Officer or other executive officer of GEO as of the last Business Day of such fiscal quarter, unless in any such case such information has been filed, and notice thereof furnished to the Administrative Agent, as described in
Section 5.01(e); and 
 (g) any other development that has resulted in, or could reasonably be expected to result in, a Material
Adverse Effect. 
 Each notice delivered under this Section shall be accompanied by a statement of a Financial Officer or other executive
officer of GEO setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto. 

Section 5.03 Existence; Conduct of Business. Each Borrower will, and will cause each of its Restricted Subsidiaries to, do or
cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence and the rights, licenses, permits, privileges and franchises material to the conduct of its business; provided that the foregoing
shall not prohibit any merger, consolidation, liquidation or dissolution permitted under Section 6.03. 
 Section 5.04
Payment of Obligations. Each Borrower will, and will cause each of its Restricted Subsidiaries to, pay its obligations, including tax liabilities, that, if not paid, could result in a Material Adverse Effect before the same shall become
delinquent or in default beyond the period of grace, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b) GEO or such Restricted Subsidiary has set aside on its books adequate
reserves with respect thereto in accordance with GAAP and (c) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect. 

Section 5.05 Maintenance of Properties; Insurance. Each Borrower will, and will cause each of its Restricted Subsidiaries to,
(a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such
amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations, with the Administrative Agent designated as the loss
payee, lenders loss payable, mortgagee or additional named insured in respect of all such policies (other than any such
policies (other than flood insurance policies) covering any real property interest, including improvements, that has a fair market value of less than $5,000,000), as applicable, and from time to time deliver to the Administrative Agent upon
its request a detailed list of the insurance then in effect, stating the names of the insurance companies, the amounts and rates of the insurance, the dates of the expiration thereof and the properties and risks covered
thereby; it being understood and agreed that, irrespective of the Administrative Agent’s designation as described above, as to any Casualty Event in respect of which no more than
$5,000,000 in aggregate insurance proceeds is payable under any such insurance policy, GEO or the relevant Restricted Subsidiary shall be entitled to receive such proceeds directly. Except as otherwise expressly consented to by the
Administrative Agent, such insurance policies shall provide that no cancellation, non-renewal or material change in coverage shall be effective until after 30 days’ prior written notice to the Administrative Agent. If any portion of the

  
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property covered by any Mortgage is located in an area identified by the Federal Emergency Management Agency (or any successor agency) as an area having special flood hazards and in which
flood insurance has been made available under the Flood ActZone, then GEO shall maintain, or cause its applicable Restricted Subsidiary to maintain, with a
financially sound and reputable insurer, flood insurance in an amount as the Administrative Agent may from time to time reasonably require, but in no event less that an amount sufficient to comply with all applicable rules and regulations
promulgated pursuant to such Flood Act, and shall otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as amended from time to time. 

Section 5.06 Books and Records; Inspection Rights. Each Borrower will, and will cause each of its Restricted Subsidiaries to, keep
proper books of record and account in which full, true and correct entries are made of its dealings and transactions in relation to its business and activities. Each Borrower will, and will cause each of its Subsidiaries to, permit any
representatives designated by the Administrative Agent or any Lender, upon reasonable prior notice, to visit and inspect its properties, to examine and make extracts from its books and records, and to discuss its affairs, finances and condition with
its officers and independent accountants, all at such reasonable times and as often as reasonably requested. 
 Section 5.07
Compliance with Laws. Each Borrower will, and will cause each of its Restricted Subsidiaries to, comply with all laws, rules, regulations and orders of any Governmental Authority applicable to it or its property, including ERISA and any
Environmental Laws, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. GEO will maintain in effect and enforce policies and procedures designed to ensure
compliance by GEO and its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, applicable AML Laws and applicable Sanctions. 

Section 5.08 Use of Proceeds and Letters of Credit. The proceeds of the Loans will be used only (a) to refinance the Existing
Credit Agreement on the First Amendment Effective Date, (b) for Working Capital and general corporate requirements of the Borrowers or the Australian Borrowers and the
Restricted Subsidiaries and payment of certain fees and expenses incurred in connection with the transactions contemplated hereby, (c) to finance any Permitted Acquisition and any other acquisition permitted hereunder, (d) to fund
Restricted Payments permitted hereunder and to make any other Investments permitted hereunder and (e) to refinance, redeem, repay or otherwise discharge in full any series of the Senior Notes to the extent permitted hereunder. No part of the
proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations U and X.
TheNone of the Borrowers or the Australian Borrowers will not request any Borrowing or Letter of Credit, and the Borrowers
and the Australian Borrowers shall not, and shall cause the Subsidiaries and the Borrowers’ or such Subsidiaries’ respective directors, officers, employees, Affiliates and
agents to not, directly or, to the knowledge of the Borrowers or the Australian Borrowers or such Subsidiaries, indirectly, use the proceeds of any Borrowing or Letter of Credit, or
lend, contribute or otherwise make available such proceeds to any Subsidiary, other Affiliate, joint venture partner or other Person, (A) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money,
or anything else of value, to any Person in violation of any Anti-Corruption Laws or AML Laws, (B) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in any
Sanctioned Country, or (C) in any manner that would result in the violation of any Sanctions by any Person. 

  
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 Section 5.09 Additional Subsidiaries; Restricted and Unrestricted Subsidiaries. 

(a) Additional Subsidiary Guarantors. GEO shall notify the Administrative Agent of (i) each redesignation of an Unrestricted
Subsidiary as a Restricted Subsidiary in accordance with Section 5.09(c) below and (ii) each creation or acquisition of any Restricted Subsidiary, and (unless
such Subsidiary has been designated as an Unrestricted Subsidiary pursuant to Section 5.09(d)) promptly thereafter (and in any event within 30 days (or such longer period
as the Administrative Agent may approve in its sole discretion) thereafter), in each of the cases referred to in the foregoing clauses (i) and (ii) of this sentence, cause such Subsidiary (other than a Foreign Subsidiary) to
(A) become a “Guarantor” by executing and delivering to the Administrative Agent a supplement to the Guaranty Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose, (B) deliver to
the Administrative Agent a duly executed Joinder Agreement and comply with the terms of each Security Document, (C) take such action (including delivering certificates and transfer powers in respect of Equity Interests) and
executing and delivering (as applicable) such UCC financing statements and account control agreements) as shall be necessary to create and perfect valid and enforceable Liens on substantially all of the personal property (other than Excluded
Property) of such Subsidiary as collateral security for the obligations of such Subsidiary under the Loan Documents subject to no Liens other than Liens permitted by Section 6.02, (D) take all actions with respect to all Material
Real Property owned or leased by such Subsidiary required by Section 5.10 (as if such Material Real Property had been acquired by a Subsidiary), (E) deliver to the Administrative Agent such proof of corporate action, incumbency of
officers, opinions of counsel (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clauses (A), (B), (C) and (D) of this sentence) and other
documents as is consistent with those delivered by GEO pursuant to Section 4.01 on the Second Restatement Effective Date or pursuant to Section 4.01 of the Existing Credit Agreement on the First Restatement Effective Date, as
applicable, and (F) deliver to the Administrative Agent such other documents and closing certificates as may be reasonably requested by the Administrative Agent, all in form, content and scope reasonably satisfactory to the Administrative
Agent. 
 (b) Additional Foreign Subsidiaries. GEO shall notify the Administrative Agent at the time that any Person becomes a direct
Foreign Subsidiary of any Borrower or any Guarantor, and at the request of the Administrative Agent, promptly thereafter (and in any event within 45 days after such request), cause (i) such Borrower or such Guarantor to deliver to the
Administrative Agent a supplement to the Security Documents pledging 65% of the total outstanding voting Equity Interests, and 100% of all other Equity Interests, in such Foreign Subsidiary and a consent thereto executed by such new Foreign
Subsidiary (including, without limitation, if applicable, original stock certificates (or the equivalent thereof pursuant to the applicable laws and practices of any relevant foreign jurisdiction) evidencing such Equity Interest of such Foreign
Subsidiary, together with an appropriate undated stock power (or the equivalent thereof pursuant to the applicable laws and practices of any relevant foreign jurisdiction) for each certificate (or equivalent) duly executed in blank by the registered
owner thereof), (ii) such Borrower or such Guarantor to deliver to the Administrative Agent a favorable opinion of counsel (which shall cover, among other things, the legality, validity, binding effect and enforceability of such pledge), and
(iii) such Borrower or such Guarantor to deliver to the Administrative Agent such other documents and closing certificates as may be reasonably requested by the Administrative Agent, all in form, content and scope reasonably satisfactory to the
Administrative Agent. 
 (c) Designation of Restricted Subsidiaries. GEO may, at any time and upon written notice to the
Administrative Agent, designate an Unrestricted Subsidiary as a Restricted Subsidiary. 
 (d) Designation of Unrestricted
Subsidiaries. So long as no Default has occurred and is continuing or would result therefrom, GEO may, on prior written notice to the Administrative Agent, designate any Restricted Subsidiary as an Unrestricted Subsidiary (or
designate any newly formed or acquired Subsidiary as an Unrestricted Subsidiary); provided that
no(other than (x) any Subsidiary that is a guarantor under any of the Senior Notes may be an Unrestricted Subsidiary (and for
the avoidance of doubt, neither, (y) Corrections noror any
successor to Corrections or all or substantially all of its properties shall at any time be an Unrestricted Subsidiary). Such designation or (z) any Australian
Borrower) or newly acquired Subsidiary as an Unrestricted Subsidiary (or, without any requirement of notice to Administrative Agent, designate on its books and records any
newly formed Subsidiary 

  
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as an Unrestricted Subsidiary); provided that GEO shall be permitted, upon prior written notice to the Administrative Agent
(for further distribution to the Lenders), to designate the Australian Borrowers as Unrestricted Subsidiaries, provided that on the effective date of such designation as specified in such notice (subject to the satisfaction of all conditions thereto
as set forth in this Section 5.09(d), the “Australian Borrower Resignation Date”), (i) no Default has occurred and is continuing or would result therefrom, (ii) all Multicurrency Subfacility Loans borrowed by any Australian
Borrower shall have been repaid in full and all interest, fees and other amounts owing in respect thereof shall have been paid in full and none of the other Obligations described in clause
(b) of the definition thereof shall remain outstanding (other than any contingent obligations for which no claim has been asserted), (iii) each Guarantor shall have confirmed and reaffirmed that its Guarantee of, and grant of any Liens as
security for, the Obligations pursuant to a confirmation, reaffirmation or other agreements or documentation in form and substance satisfactory to the Administrative Agent, and (iv) the Administrative Agent shall have received a certificate
executed by the President, a Vice President or a Financial Officer of GEO certifying compliance with the conditions set forth in this proviso. Any such designation as to which notice is required to be given to the Administrative Agent shall
have an effective date mutually acceptable to the Administrative Agent and GEO, but in no event earlier than five Business Days following receipt by the Administrative Agent of such written notice. Upon the effectiveness of any designation of a
Restricted Subsidiary as an Unrestricted Subsidiary, in accordance with this Section 5.09(d), (i) the Administrative Agent shall
take any action requested by GEO that is necessary to release such Unrestricted Subsidiary and its assets from the Security
Documents. or (ii) in the case of the Australian Borrowers following the Australian Borrower Resignation Date, the Australian Borrowers shall (x) cease to be a
party to this Agreement and any other Loan Documents to which it is party (and accordingly shall no longer have any rights thereunder, including any right to request any borrowing of Multicurrency Subfacility Loans or any other extensions of credit
hereunder) and (y) be released from their respective obligations under this Agreement and any other applicable Loan Documents. 

Section 5.10 New Real Property Collateral. If GEO or any Restricted Subsidiary shall acquire any Material Real Property (or shall
make improvements upon any existing real property interest resulting in such interest together with such improvements constituting Material Real Property), and, if the Administrative Agent elects to encumber such property in the Administrative
Agent’s sole and absolute discretion, then 
 (a) each Borrower will and will cause each of its Restricted Subsidiaries to,
(x) no later than 30 days prior to execution of a Mortgage encumbering any such Material Real Property any portion of which is located in a Flood Zone, furnish to the Lenders a written
notice of the relevant Borrower or Guarantor’s intent to encumber such Material Real Property and that all or a portion of such Material Real Property is located in a Flood Zone, and (y) no later than 120 days (or such longer
period as the Administrative Agent may agree in its sole and absolute discretion) thereafterafter such acquisition, deliver to the Administrative Agent the following
documents (each of which shall be executed (and, where appropriate, acknowledged) by Persons satisfactory to the Administrative Agent): 

(i) Mortgages in form and substance satisfactory to the Administrative Agent, duly executed and delivered by such Borrower or
such Restricted Subsidiary, as the case may be, in recordable form (in such number of copies as the Administrative Agent shall have requested) and, to the extent necessary with respect to any leasehold property to be subject to a Mortgage, use
commercially reasonable efforts by GEO to obtain consents of the respective landlords with respect to such property and, to the extent necessary under applicable law, for filing in the appropriate county land office(s), UCC financing statements
covering fixtures, in each case appropriately completed (the “Fixture Filings”); 

  
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 (ii) one or more mortgagee policies of title insurance on forms of and issued by
one or more title companies satisfactory to the Administrative Agent (the “Title Companies”), insuring the validity and first lien priority of the Liens created under the Mortgages for and in amounts satisfactory to the
Administrative Agent, subject only to such exceptions as are satisfactory to the Administrative Agent; each such title policy shall contain: (A) full coverage against mechanics’ liens (filed and inchoate) or such surety bonds or other
additional collateral as may be satisfactory to the Administrative Agent in its sole discretion in lieu of such coverage, (B) a reference to the relevant survey with no survey exceptions except those theretofore approved by the Administrative
Agent (such approval not to be unreasonably withheld or delayed) and (C) such affirmative insurance and endorsements as the Administrative Agent may reasonably require; 

(iii) as-built surveys of recent date of each of the Facilities to be covered by the Mortgages, showing such matters as may be
required by the Administrative Agent, which surveys shall be in form and content acceptable to the Administrative Agent, and certified to the Administrative Agent and to each Lender and the Title Companies, and shall have been prepared by a
registered surveyor acceptable to the Administrative Agent; 
 (iv) certified copies of permanent and unconditional
certificates of occupancy (or, if it is not the practice to issue certificates of occupancy in a jurisdiction in which the Facilities to be covered by the Mortgages are located, then such other evidence reasonably satisfactory to the Administrative
Agent) permitting the fully functioning operation and occupancy of each such Facility and of such other permits necessary for the use and operation of each such Facility issued by the respective Governmental Authorities having jurisdiction over each
such Facility; 
 (v) opinions of local counsel in the respective jurisdictions in which the properties covered by the
Mortgages are located, satisfactory in form and substance to the Administrative Agent (and each Borrower and each Restricted Subsidiary hereby instructs such counsel to deliver such opinion(s) to the Lenders and the Administrative Agent); 

(vi) a completed Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each property covered
by a Mortgage; and 
 (vii) such affidavits, certificates, information (including financial data) and instruments of
indemnification (including a so-called “gap” indemnification) as shall be required to induce the Title Companies to issue the title policies and endorsements contemplated above; 

(b) GEO shall have paid or caused to be paid to the Title Companies (i) all expenses and premiums of the Title Companies in
connection with the issuance of such policies and (ii) an amount equal to the recording, mortgage, intangibles, transfer and stamp taxes payable in connection with recording the Mortgages and the Fixture Filings in the appropriate county land
office(s); and 
 (c) promptly after the acquisition, GEO shall diligently pursue and use all reasonable efforts to obtain landlord consents,
estoppel letters or consents and waivers, in form and substance reasonably acceptable to the Administrative Agent, in respect of collateral held on leased premises. 

  
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 Section 5.11 Further Assurances;
Post-ClosingCertain Real Estate Deliverables. 

(a) Further Assurances. Each Borrower will, and will cause each of its Restricted Subsidiaries to, take such action from time to time as
shall reasonably be requested by the Administrative Agent to effectuate the purposes and objectives of this Agreement and the Security Documents. Without limiting the generality of the foregoing, each Borrower will, and will cause each of its
Restricted Subsidiaries to, take such action from time to time (including filing appropriate UCC financing statements and executing and delivering such assignments, security agreements, account control agreements and other instruments) as shall be
reasonably requested by the Administrative Agent to create, in favor of the Administrative Agent for the benefit of the Secured Parties, perfected security interests and Liens in substantially all of the property of the Borrowers and the Restricted
Subsidiaries (other than Excluded Property) as collateral security for obligations of the Borrowers and the Guarantors under the Loan Documents; provided that any such security interest or Lien shall be subject to the relevant requirements of
the Security Documents. 
 (b)
Post-ClosingCertain Real Estate Deliverables. Each Borrower will and will cause each Restricted
Subsidiaryapplicable Guarantor to, no later than (x) 120 days (or such longer period as the
Administrative Agent may agree in its sole discretion) after the Second Restatement Effective Date, and (y) any Mortgage Amendment Trigger Date (or such later date
as the Administrative Agent may agree in its sole discretion), in each case deliver to the Administrative Agent: 

(i) Opinion(s) of Local Counsel. Opinions of local counsel in the respective jurisdictions in which the properties
covered by the Mortgages are located, satisfactory to the Administrative Agent in form and substance (and each Borrower and each Guarantor hereby instructs such counsel to deliver such opinion(s) to the Lenders and the Administrative Agent). 

(ii) Mortgages and Title Insurance. The following documents, each of which shall be executed (and, where
appropriate, acknowledged) by Persons satisfactory to the Administrative Agent; provided that GEO shall not be required to deliver the following documents for any property that (x) is Material Real Property if doing so would result in
costs (administrative or otherwise) that, in the determination of the Administrative Agent in its sole and absolute discretion, would be materially disproportionate to the benefit obtained thereby, or (y) is, immediately prior to the Second
Restatement Effective Date (or such Mortgage Amendment Trigger Date, as applicable), subject to a Mortgage under (and as defined in) the Existing Credit Agreement,
provided GEO delivers to the Administrative Agent opinions of local counsel together with such other certificates, documents and information (including current title and lien searches) as the Administrative Agent may require to confirm the
continuing validity and priority of such Mortgage as security for the Obligations (in each case to the Administrative Agent’s satisfaction (as to form and substance) in its sole and absolute discretion): 

(A) Mortgages (or, if applicable, amendments to the Mortgages securing the obligations of the Borrowers and the Guarantors
under the Existing Credit Agreement) in form and substance satisfactory to the Administrative Agent, duly executed and delivered by such Borrower or such Restricted Subsidiary, as the case may be, in recordable form (in such number of copies as
the Administrative Agent shall have requested) and, to the extent necessary with respect to any leasehold property to be subject to a Mortgage, use commercially reasonable efforts by GEO to obtain consents of the respective landlords with respect to
such property and, to the extent necessary under applicable law, for filing in the appropriate county land office(s), Fixture Filings; 

  
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 (B) one or more mortgagee policies of title insurance on forms of and issued by
the Title Companies, or (unless waived by the Administrative Agent in accordance with the first proviso to Section 5.11(c)) modification and date down endorsements to the existing policies of title insurance insuring the validity
and first lien priority of the Liens created under such Mortgages (as they may be amended) for and in amounts satisfactory to the Administrative Agent, subject only to such exceptions as are satisfactory to the Administrative Agent; each such title
policy shall contain: (A) full coverage against mechanics’ liens (filed and inchoate) or such surety bonds or other additional collateral as may be satisfactory to the Administrative Agent in its sole discretion in lieu of such coverage,
(B) a reference to the relevant survey with no survey exceptions except those theretofore approved by the Administrative Agent (such approval not to be unreasonably withheld or delayed) and (C) such affirmative insurance and endorsements
as the Administrative Agent may reasonably require; 
 (C) as-built surveys of recent date of each of the Facilities to be
covered by the Mortgages, showing such matters as may be required by the Administrative Agent, which surveys shall be in form and content acceptable to the Administrative Agent, and certified to the Administrative Agent and to each Lender and the
Title Companies, and shall have been prepared by a registered surveyor acceptable to the Administrative Agent or, with respect to existing surveys, an affidavit of an authorized signatory of the owner of such property stating that there have
been no improvements or encroachments to the property since the date of the respective survey such that the existing survey is no longer accurate, in form acceptable to the Administrative Agent and the applicable Title Company in order to
remove the standard survey exception; 
 (D) such affidavits, certificates, information (including financial data) and
instruments of indemnification (including a so-called “gap” indemnification) as shall be required to induce the Title Companies to issue the title policies and endorsements contemplated above; and 

(E) such other certificates, documents and information as are reasonably requested by the Administrative Agent or the Lenders,
including, without limitation, engineering and structural reports, permanent certificates of occupancy and evidence of zoning compliance, each in form and substance reasonably satisfactory to the Administrative Agent. 

In addition, GEO shall have paid to the Title Companies (i) all expenses and premiums of the Title Companies in connection with
the issuance of such policies and (ii) an amount equal to the recording, mortgage, intangibles, transfer and stamp taxes payable in connection with recording the Mortgages, any amendments to the Mortgages and the Fixture Filings in the
appropriate county land office(s). 
 (c) Post-Closing Deliverables for Increases of the Revolving Credit
Commitments and, Incremental Term
Loans, Etc.. GEO will and will cause each Restricted Subsidiary to, (x) if at such time (A) any
improved real property of GEO and its Restricted Subsidiaries subject to a Mortgage is located (in whole or in part) in a Flood Zone, no later than 10 days, or (B) no improved real property of GEO and its Restricted Subsidiaries subject to a
Mortgage is located (in whole or in part) in a Flood Zone, no later than 5 days, in each case prior to the effectiveness of any Revolving Credit Commitment Increase, any Incremental Term Loan, any extension of the Term Loan Maturity Date, the
Revolving Credit Commitment Termination Date or the Australian LC Facility Termination Date, or any transaction contemplated by Section 9.02(c), furnish to the Lenders a written notice indicating generically that a transaction of the type
described hereinabove is under consideration and listing each real property of GEO and its Restricted Subsidiaries then subject to a Mortgage and indicating which (if any) of such properties are located (in whole or in part) in a Flood Zone and, for
each such Flood Zone property, whether or not such property is improved, and (y) no later than 120 days (or such longer period as the Administrative Agent may agree in its sole and absolute discretion) after any Revolving Credit
Commitment Increase and Incremental Term Loan, 

  
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deliver to the Administrative Agent such amendments to Mortgages (each, a “Mortgage Amendment”), title insurance and opinions of counsel as reasonably requested by the
Administrative Agent in connection with such Revolving Credit Commitment Increase and Incremental Term Loan; provided, however, notwithstanding anything herein or in any of the Loan Documents to the contrary, the Administrative Agent
may waive the requirement for any Borrower or any Restricted Subsidiary to obtain new mortgagee title insurance policies, or to obtain date-down endorsements to previously issued mortgagee title insurance policies, and opinions of counsel in
connection with the Mortgage Amendments entered into from time to time, which waiver may be made in Administrative Agent’s sole and absolute discretion for any reason (including but not limited to, in the event that (x) the
applicable title insurance regulations for the State (including, but not limited to, Texas, New Mexico and New Jersey) in which the related real property is located do not provide for the issuance of the requested endorsement such that a new
mortgagee title insurance policy would otherwise be required (or premium charges substantially equivalent thereto would be incurred by any Borrower or any Restricted Subsidiary in connection with any endorsement); provided that, in such
event, any Borrower or Restricted Subsidiary shall endeavor to obtain an endorsement, if available, to such previously issued mortgagee title insurance policies that insures that the title insurance coverage provided by the original mortgagee title
insurance policy is not affected by the recording of any Mortgage Amendment, provided the cost for such endorsement is nominal or (y) the relevant property subject to a Mortgage does not qualify as a Material Real Property). 

Section 5.12 Fiscal Year. GEO will not change its fiscal year from the calendar year. 

Section 5.13 The Australian Trust. 

(a) The Australian Trust Instrument. The Australian Trustee shall comply with the
Australian Trust Instrument in all material respects. 
 (b) The
Australian Trustee’s indemnity. The Australian Trustee shall take all reasonable steps available to it to ensure that there is no limitation on its right to be indemnified out of the Trust Fund (as defined in the Australian Trust Instrument) or
otherwise as entitled under Australian Trust Instrument or otherwise to discharge any liability arising under or in connection the Loan Documents or the transactions contemplated therein when such liability is payable. 

ARTICLE VI 
 NEGATIVE COVENANTS

 Until the Commitments have expired or been terminated and the principal of and interest on each Loan and all fees payable hereunder have
been paid in full, and all Letters of Credit have expired or been terminated and all LC Disbursements shall have been reimbursed, each Borrower covenants and agrees with the Lenders that: 

Section 6.01 Indebtedness. No Borrower will, nor will it permit any of its Restricted Subsidiaries to, create, incur, assume or
permit to exist any Indebtedness, except: 
 (a) Indebtedness created under the Loan Documents; 

(b) Indebtedness existing on the date hereof and set forth in Part A of Schedule 3.14 of the Disclosure Supplement (or, to the
extent not meeting the minimum thresholds for required listing on said Schedule 3.14 pursuant to Section 3.14, in an aggregate amount not exceeding $10,000,000) and extensions, renewals, refinancings and replacements of all
or any part of any such Indebtedness that do not result in an increase of the outstanding principal amount thereof by more than the amount required to pay any penalty, premium, accrued and unpaid interest, and transaction fees and expenses incurred
in connection with such extension, renewal, refinancing or replacement; 

  
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 (c) Guarantees by GEO and its Restricted Subsidiaries of Indebtedness of GEO and its Restricted
Subsidiaries permitted by this Section 6.01; 
 (d) Guarantees permitted by Section 6.04 (other than
Section 6.04(h)); 
 (e) Guarantees by GEO and its Restricted Subsidiaries of Unrestricted Subsidiary Debt, provided that
the aggregate principal amount of such Guarantees (other than the assignment of rights under any Government Contract by GEO or any of its Restricted Subsidiaries to secure Unrestricted Subsidiary Debt related to such Government Contract) of
Unrestricted Subsidiary Debt shall not exceed $40,000,000 at any time outstanding; and the assignment of rights under Government Contracts by GEO or any of its Restricted Subsidiaries to secure Unrestricted Subsidiary Debt related to the respective
Government Contracts; 
 (f) Indebtedness of GEO or any Restricted Subsidiary incurred to finance the acquisition, construction or
improvement of any assets, including Capital Leases and any Indebtedness assumed in connection with the acquisition of any assets or secured by a Lien on any assets prior to the acquisition thereof, Guarantees by GEO or any Restricted Subsidiary of
any such Indebtedness, and extensions, renewals and replacements of any such Indebtedness and Guarantees that do not increase the outstanding principal amount thereof; provided that (i) such Indebtedness is incurred prior to or within
90 days after such acquisition or the completion of such construction or improvement and (ii) the aggregate principal amount of Indebtedness permitted by this Section 6.01(f) shall not exceed $50,000,000 at any time
outstanding; 
 (g) Indebtedness owing (x) by GEO to any Restricted Subsidiary or, (y) by any Restricted Subsidiary to GEO or to
any other Restricted Subsidiary, in each case arising from intercompany loans permitted by Section 6.04(d); 
 (h)
unsecured Indebtedness (x) for borrowed money, including by means of the issuance of notes and bonds, or
(y) incurred in respect of letter of credit facilities of GEO or any Restricted Subsidiary; 
 (i) Indebtedness in an
aggregate principal amount not exceeding $10,000,000 at any time outstanding; and 
 (j) Indebtedness of any Person that
becomes a Restricted Subsidiary after the First Amendment Effective Date hereof pursuant to a Permitted Acquisition or any other acquisition permitted to be made hereunder by GEO or any Restricted Subsidiary; provided that (i) such
Indebtedness exists at the time of such acquisition and is not created in contemplation of or in connection with such acquisition and (ii) the aggregate principal amount of Indebtedness permitted by this Section 6.01(j) shall not
exceed $25,000,000 at any time outstanding; and extensions, renewals, refinancings and replacements of any such Indebtedness that does not result in an increase of the outstanding principal amount thereof by more than the amount required to pay any
penalty, premium, accrued and unpaid interest, and transaction fees and expenses incurred in connection with such extension, renewal, refinancing or replacement.;
and 
 (k) Indebtedness of GEO or any Restricted Subsidiary incurred to
finance the acquisition, construction or improvement of the GEO HQ, Guarantees by GEO or any Restricted Subsidiary of any such Indebtedness, and extensions, renewals and replacements of any such Indebtedness and Guarantees that do not increase the
outstanding principal amount thereof; provided that the aggregate principal amount of Indebtedness permitted by this Section 6.01(k) shall not exceed $50,000,000 at any time outstanding. 

  
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 Section 6.02 Liens. No Borrower will, nor will it permit any of its Restricted
Subsidiaries to, create, incur, assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it, except: 

(a) Liens created pursuant to the Security Documents; 

(b) Permitted Encumbrances; 
 (c)
any Lien on any property or asset of GEO or any of its Subsidiaries existing on the date hereof and set forth in Part B of Schedule 3.14 of the Disclosure Supplement (or, to the extent not meeting the minimum thresholds for required
listing on said Schedule 3.14 pursuant to Section 3.14, in an aggregate amount not exceeding $10,000,000); provided that (i) no such Lien shall extend to any other property or asset of GEO or any of its Restricted
Subsidiaries and (ii) any such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof by more than the amount
required to pay any penalty, premium, accrued and unpaid interest, and transaction fees and expenses incurred in connection with such extension, renewal, refinancing or replacement; 

(d) Liens on assets acquired, constructed or improved by GEO or any of its Subsidiaries; provided that (i) such Liens secure
Indebtedness permitted by Section 6.01(f), (ii) such Liens and the Indebtedness secured thereby are incurred prior to or within 90 days after such acquisition or the completion of such construction or improvement,
(iii) the Indebtedness secured thereby does not exceed 100% of the cost of acquiring, constructing or improving such fixed or capital assets and (iv) such Liens shall not apply to any other property or assets of GEO or any Restricted
Subsidiary; 
 (e) Liens securing Indebtedness permitted by Section 6.01(i); 

(f) the assignment of rights under any Government Contract by GEO or any of its Restricted Subsidiaries to secure Unrestricted Subsidiary Debt
related to such Government Contract; and 
 (g) any Lien existing on any property or asset prior to the acquisition thereof
by GEO or any Restricted Subsidiary; provided that (i) such Lien is not created in contemplation of or in connection with such acquisition, (ii) such Lien shall not apply to any other property or assets of GEO or any Restricted
Subsidiary, (iii) such Lien shall secure only those obligations which it secures on the date of such acquisition, and (iv) such property or asset is acquired pursuant to a Permitted Acquisition or any other acquisition permitted to be made
hereunder.; and 

(h) Liens on the GEO HQ granted pursuant to a real property mortgage (and associated
security instruments); provided that such Liens (i) secure solely Indebtedness permitted by Section 6.01(k) and (ii) shall not apply to or otherwise encumber any other property or assets of GEO or any of its Subsidiaries.

 Section 6.03 Fundamental Changes. No Borrower will, nor will it permit any of its Restricted Subsidiaries to, enter into
any transaction of merger or consolidation or amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution). No Borrower will, nor will it permit any of its Restricted Subsidiaries to, acquire any business or
property from, or capital stock of, or be a party to any acquisition of, any Person except for purchases of inventory and other property (other than assets and related rights constituting an ongoing business) to be sold or used in the ordinary
course of business and Investments permitted under Section 6.04. No Borrower will, nor will it permit any of its Restricted 

  
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Subsidiaries to, convey, sell, lease, transfer or otherwise dispose of, in one transaction or a series of transactions, any part of its business or property, whether now owned or hereafter
acquired (including receivables and leasehold interests, but excluding (x) obsolete or worn-out property or assets, tools or equipment no longer used or useful in its business, (y) any inventory or other property sold or disposed of in the
ordinary course of business and on ordinary business terms and (z) any Disposition resulting from a Casualty Event). 
 Notwithstanding
the foregoing provisions of this Section, if no Default shall have occurred and be continuing or would result therefrom: 
 (a) any
Restricted Subsidiary may be merged or consolidated with or into GEO or any other Restricted Subsidiary; provided that (i) if any such transaction shall be between a Restricted Subsidiary and a Borrower, either such Borrower shall be the
continuing or surviving entity, or the continuing or surviving Person (which shall be the successor to GEOsuch Borrower by operation of law (which successor shall
have been a Domestic Subsidiary immediately prior to such merger or consolidation) or shall be a wholly-owned Domestic Subsidiary of GEO) shall expressly assume, confirm and reaffirm its continuing obligations as a Borrower under the Loan Documents
and each Guarantor, unless it is the other party to such merger or consolidation, shall have reaffirmed that its Guarantee of, and grant of any Liens as security for, the Obligations shall apply to such surviving Person’s obligations under this
Agreement, in each case pursuant to a confirmation, reaffirmation or other agreements or documentation in form and substance satisfactory to the Administrative Agent and the condition described in Section 4.01(p) shall have been
satisfied with respect to such continuing or surviving Person (and if any such transaction shall be between GEO and Corrections, GEO shall be the continuing or surviving entity or, if Corrections is the surviving entity, Corrections shall expressly
confirm and reaffirm its continuing obligations as a Borrower under the Loan Documents (including its assumption of all such obligations with respect to all Term Loans and Incremental Term Loans) pursuant to a confirmation, reaffirmation or other
agreement or documentation in form and substance satisfactory to the Administrative Agent), and (ii) if any such transaction shall be between a Restricted Subsidiary that is a Guarantor
or an Australian Borrower, on the one hand, and a Restricted Subsidiary that is not a Guarantor or an Australian Borrower,
as applicable, on the other hand, such Guarantor or Australian Borrower, respectively, shall be the continuing or surviving entity; 

(b) any Restricted Subsidiary formed in connection with (and in contemplation of) a Permitted Acquisition may merge with and into the Person
such Restricted Subsidiary was formed to acquire in connection with such Permitted Acquisition; 
 (c) any Restricted Subsidiary (other than
Corrections or any Australian Borrower) may sell, lease, transfer or otherwise dispose of any or all of its property (upon voluntary liquidation or otherwise) to GEO or any other
Restricted Subsidiary; provided that if any such transaction shall be between a Restricted Subsidiary that is a Guarantor and a Restricted Subsidiary that is not a Guarantor, such Guarantor shall be the recipient of such property; 

(d) the capital stock of (i) any Subsidiary of GEO may be sold,
transferred or otherwise disposed of to any Borrower or any Guarantor or (ii) any of the Ravenhall Project Subsidiaries may be sold, transferred or otherwise disposed of to any
Australian Borrower or the Australian Trust; 
 (e) GEO or any Restricted Subsidiary may sell to any Governmental Authority
for fair market value (as determined by an independent appraisal made by a Person acceptable to the Administrative Agent) (or, if less, the net book value when required by such Governmental Authority) any Facility managed or operated by GEO or such
Restricted Subsidiary pursuant to a Government Contract with such Governmental Authority so long as the aggregate amount of non-cash proceeds from all such sales do not exceed $25,000,000; 

  
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 (f) GEO or any Restricted Subsidiary may sell or discount without recourse accounts receivable
arising in the ordinary course of business in connection with the compromise or collection thereof in the ordinary course of business, provided that the aggregate face or principal amount of all such accounts receivable sold or discounted
after the date hereof may not exceed $10,000,000; 
 (g) GEO or any Restricted Subsidiary may sell or otherwise dispose of assets (including
to Affiliates, subject to Section 6.06) not otherwise permitted by this Section 6.03; provided that (i) such sale or disposition shall be for cash (including
by Installment Sale) for fair market value (aswhich, if in excess of $35,000,000, shall be determined in good faith by the board of directors of GEO,
provided that, if the board of directors of GEO so determines that the fair market value of such assets is equal to or greater than $50,000,000, then the fair market value shall be determined by an independent appraisal made by a valuation firm or
other Person acceptable to the Administrative Agent and such appraisal (and all supporting documentation therefor) shall be delivered to the Administrative Agent (for further distribution to the Lenders) prior to or substantially concurrently with
the consummation of such Disposition) and (ii) GEO shall deliver to the Administrative Agent the certification required by the final sentence of Section 2.10(b)(ii) with respect to such Disposition; 

(h) GEO or any Restricted Subsidiary may sell any property, business or assets acquired in any acquisition permitted hereunder, including any
Permitted Acquisition, to the extent that the same is not related to the construction, design, operation, development or operation of any Facility; 

(i) GEO or any Restricted Subsidiary may sell Permitted Investments in the ordinary course of business; 

(j) GEO or any Restricted Subsidiary may make Permitted Acquisitions; 

(k) any Restricted Subsidiary may be merged or consolidated into any Unrestricted Subsidiary provided that GEO designates the continuing or
surviving entity as an Unrestricted Subsidiary in compliance with Section 5.09(d) hereof; 
 (l) BII Holding Corporation or any
of its Subsidiaries may sell Investments referred to in Section 6.04(n), and amounts owing to it or any of them under operating leases, in the ordinary course of business substantially as conducted by it or any of them prior to the time
that BII Holding Corporation became a Subsidiary of GEO; and 
 (m) (i) GEO may sell, lease, transfer or otherwise dispose of any of its
property or assets to Corrections or to any Restricted Subsidiary that is a Guarantor and (ii) Corrections may sell, lease, transfer or otherwise dispose of any of its property or assets to GEO or any Restricted Subsidiary that is a Guarantor.

 For purposes of this Section 6.03, all determinations of fair market value of any Facility shall include consideration of
rights under any Government Contract transferred in connection therewith. 
 Section 6.04 Investments. No Borrower will, nor
will it permit any of its Restricted Subsidiaries to, make or permit to remain outstanding any Investments except: 
 (a) Investments
outstanding on the date hereof and identified in Part B of Schedule 3.16 of the Disclosure Supplement; 

  
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 (b) Permitted Acquisitions; 

(c) Permitted Investments; 
 (d)
intercompany loans made by GEO to Restricted Subsidiaries and by Restricted Subsidiaries to GEO or to other Restricted Subsidiaries, provided that intercompany loans made to Restricted Subsidiaries that are both not Corrections and not a
Guarantor (i) may not exceed $25,000,000 in an aggregate principal amount at any time outstanding and (ii) shall be evidenced by commercially reasonable promissory notes pledged and delivered to the Administrative Agent pursuant to the
Collateral Agreement; 
 (e) Hedging Agreements entered into to hedge, manage or mitigate risks to which GEO or any Restricted Subsidiary is
exposed in the conduct of its business or the management of its liabilities; 
 (f) operating deposit accounts with banks; 

(g) to the extent they constitute Investments, contributions to Plans and Multiemployer Plans; 

(h) Guarantees or other Indebtedness permitted by Section 6.01;

 (i) Investments consisting of security deposits with utilities and other like Persons made in the ordinary course of business; 

(j) Investments in Unrestricted Subsidiaries, Restricted Subsidiaries that are not
Guarantors, joint ventures and/or Other Consolidated Persons (x) in an aggregate amount for all such Investments made after the Second Restatement Effective Date not to exceed
$60,000,000150,000,000 (the “Cumulative Cap”) or (y) made for the purpose of constructing
or improving Facilities or improvements to Facilities for so long as such Investments are not outstanding more than two years from the date of the
Investmentowned by GEO or a Subsidiary, provided that (i) the Cumulative Cap shall be increased from time to time by the aggregate amount of dividends,
distributions, returns of capital or other payments received in cash after the Second Restatement Effective Date by GEO and the Restricted Subsidiaries from Unrestricted Subsidiaries in respect of Equity Interests of Unrestricted Subsidiaries
(except that any such amount included in Net Income shall increase the Cumulative Cap by only 50% of such amount) and (ii) in the case of Investments made as permitted by the foregoing
clause (y), (A) all such Investments made in Persons that are not wholly-owned Unrestricted Subsidiaries shall be in the form of senior secured or unsecured loans, shall
have no contractual restrictions or limitations on repayment and shall be evidenced by promissory notes delivered in pledge under the Collateral Agreement, and (B) not
later than the second anniversary of each such Investment, the amount thereof shall be recovered by GEO or the relevant Restricted Subsidiary, as the case may be, in cash in the form of repayment of principal (in
the case of loans) or return of capital (in the case of equity) and (C) the aggregate amount of such Investments shall not exceed $75,000,000 at any time outstanding (calculated as the aggregate amount invested minus the
aggregate amount recovered, as described in the foregoing clause (B) in respect of such Investment); 

(k) Investments in an aggregate amount (excluding Equity Interests of GEO and/or its Subsidiaries but including the assumption of Indebtedness
in connection with such Investments) made after the date hereof not exceeding the amount of Net Available Proceeds from Equity Issuances consummated after the date hereof and not used to make Permitted Acquisitions; 

  
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 (l) additional Investments not exceeding
$40,000,000100,000,000 in the aggregate at any time outstanding; 

(m) Investments in Subsidiaries of GEO outstanding on the date hereof (and any refinancing thereof provided that the aggregate principal amount
thereof is not increased); 
 (n) Investments made in the ordinary course of business in customers constituting capital leases entered into
with such customers in connection with contracts for services entered into by GEO and/or any Restricted Subsidiary with such customers; 

(o) Investments in the Ravenhall Project Subsidiaries (including, without limitation, to the extent they constitute Investments, the issuance
and existence of AUD LCs for the benefit of the Ravenhall Project Subsidiaries), in an aggregate amount not exceeding A$250,000,000; and 

(p) Investments in Restricted Subsidiaries that are Corrections or
Guarantors.; and 

(q) Investments in Persons that are not Affiliates or joint ventures of GEO or its
Subsidiaries, nor Other Consolidated Persons, made for the purpose of acquiring, constructing or improving Facilities owned or leased by such Persons, in an aggregate amount not exceeding 10% of consolidated total assets of GEO, its Subsidiaries and
the Other Consolidated Persons (calculated on a consolidated basis without duplication in accordance with GAAP) at any time outstanding (such Investments under this clause (q), “Developmental Investments”). 

For purposes of Section 6.04(l), the aggregate outstanding amount of an Investment at any time shall be deemed to be equal to
(A) the aggregate amount of cash, together with the aggregate fair market value of property, loaned, advanced, contributed, transferred or otherwise invested that gives rise to such Investment minus (B) the aggregate amount of
dividends, distributions or other payments received in cash or property in respect of such Investment; the amount of an Investment shall not in any event be reduced by reason of any write-off of such Investment nor increased by any increase in the
amount of earnings retained in the Person in which such Investment is made that have not been dividended, distributed or otherwise paid out. 

Section 6.05 Restricted Payments. No Borrower will, nor will any Borrower permit any of its Restricted Subsidiaries to, declare or
make, or agree to pay or make, directly or indirectly, any Restricted Payment, except that: 
 (a) for so long as (i) (x) GEO shall be
qualified as a REIT, (y) GEO shall not have publicly disclosed an intention to no longer continue to be treated as a REIT and (z) no resolution shall have been adopted by GEO’s board of directors abandoning or otherwise contradicting
GEO’s intent to continue to be treated as a REIT, (ii) both before and after giving effect to the making of such Restricted Payment, no Event of Default under Section 7.01(a), (b), (h) or
(i) shall have occurred and be continuing, (iii) GEO and its Subsidiaries were, as of the last day of GEO’s fiscal quarter then most recently ended for which financial statements have been delivered pursuant to
Section 5.01(a) or (b), in compliance with Section 6.09(a) and (b), and (iv) the (x) Pro Forma Total Leverage Ratio shall be less than
5.76.25:1.00 and (y) Pro Forma Senior Secured Leverage Ratio shall be less than 3.50:1.00, in each case as of the date of such Restricted Payment and both
before and immediately after giving effect to such Restricted Payment (provided, that if, on the scheduled payment date of any dividend that shall have been publicly declared by GEO, such Pro Forma Total Leverage Ratio or such Pro Forma
Senior Secured Leverage Ratio shall fail to be less than the respective maximum level set forth in this clause (iv), GEO shall not be prohibited from paying such dividend solely as a result of any such failure, provided that GEO shall
ensure that such Pro Forma Total Leverage Ratio and such Pro Forma Senior Secured Leverage Ratio shall be less than such maximum levels no later than, and on and as of, the 60th day following the payment of such dividend) GEO and the Restricted
Subsidiaries may make: 

  
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 (A) Restricted Payments that do not exceed, in the aggregate for any taxable year
of GEO, the greater of (1) the minimum amount required under the Code for GEO to elect to be treated as a REIT or to maintain its REIT status once GEO has elected to be treated as a REIT, plus an aggregate amount not to exceed the
minimum aggregate amount required to be paid as dividends by GEO solely to avoid the imposition of federal or state income or excise Taxes on such amounts, in each case, as determined in good faith by a Financial Officer of GEO and evidenced by a
certificate delivered to the Administrative Agent at the time such Restricted Payment is made, and (2) 95% of the amount of Funds From Operations for the immediately preceding four fiscal quarter period for which financial statements have been
delivered pursuant to Section 5.01(a) or (b); and 
 (B) additional Restricted Payments during any fiscal
year of GEO (commencing with the 2013 fiscal year) (the “Subject Year”) in an aggregate amount that, when taken together with all other Restricted Payments made pursuant to this clause (B) during the Subject Year, shall not
exceed in the aggregate (1) $20,000,000, plus (2), commencing with the 2014 fiscal year, that portion of any such $20,000,000 in allowable Restricted Payments for each preceding fiscal year (commencing with the 2013 fiscal year) that
shall not have been made during such applicable preceding fiscal year, provided that in no event shall the aggregate amount of such “carry-forward” allowance under this clause (2) for the Subject Year exceed $20,000,000, plus
(3) the aggregate amount of Net Available Proceeds of Equity Issuances of GEO received during the Subject Year; 
 (b) at any time when
GEO shall (x) not intend to be qualified as a REIT (including as evidenced by, without limitation, any public disclosure to that effect or the adoption of any resolution by GEO’s board of directors abandoning or otherwise contradicting
GEO’s intent to elect to be treated as a REIT) or (y) once qualified as a REIT, cease to be qualified as a REIT for any reason whatsoever, so long as no Default shall have occurred and be continuing or result therefrom, GEO may declare and
make Restricted Payments in any fiscal year in an aggregate amount that, when taken together with all other Restricted Payments made (or to be made as a result of a declaration thereof) during such fiscal year, shall not exceed $25,000,000 in the
aggregate; provided, that such maximum annual aggregate amount shall be increased to $50,000,000 if, and only in the event that, both before and immediately after giving effect to any such Restricted Payment in excess of such $25,000,000
aggregate amount, the Pro Forma Total Leverage Ratio shall be less than 5.05.50:1.00; provided, further that if, on the scheduled payment date of any
dividend on the capital stock of GEO that shall have been publicly declared by GEO in compliance with this Section 6.05(b) (provided, that such scheduled payment date shall be no later than the 60th day following the public declaration thereof), the payment of such dividend on such scheduled payment date shall be permitted hereunder if and to the extent the payment thereof would have been
permitted to be made on the date of such public declaration of such dividend; 
 (c) Restricted Subsidiaries may make Restricted Payments to
other Restricted Subsidiaries or to GEO; 
 (d) GEO may declare and pay non-cash dividends with respect to its capital stock payable in
additional shares of common stock of GEO (it being understood that such non-cash dividends may be paid concurrently with any other dividends (including those payable in cash) otherwise expressly permitted to be declared and made hereunder); and 

  
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 (e) GEO may make Restricted Payments pursuant to and in accordance with customary stock option
plans or other benefit plans established in the ordinary course of business for directors, management, employees or consultants of GEO and its Subsidiaries. 

Section 6.06 Transactions with Affiliates. No Borrower will, nor will it permit any of its Restricted Subsidiaries to, sell, lease
or otherwise transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its Affiliates, except (a) transactions at prices and on terms and
conditions not less favorable to such Borrower or such Subsidiary than could be obtained on an arm’s-length basis from unrelated third parties, (b) transactions between or among the Borrowers and the Restricted Subsidiaries not involving
any other Affiliate, (c) transactions expressly permitted to be undertaken with or for the benefit of Affiliates by any of Sections 6.01, 6.03, and 6.04, and (d) Restricted Payments permitted by
Section 6.05. 
 Section 6.07 Restrictive Agreements. No Borrower will, nor will it permit any of the Restricted
Subsidiaries to, directly or indirectly, enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon (a) the ability of GEO or any Restricted Subsidiary to create, incur or
permit to exist any Lien upon any of its assets, or (b) the ability of any Restricted Subsidiary to pay dividends or other distributions with respect to any of its Equity Interests on a pro rata basis in respect of any class of Equity Interests
of such Restricted Subsidiary; provided that: 
 (i) the foregoing shall not apply to (x) restrictions and
conditions imposed by any of the Senior Note Indentures, by law or by any Loan Document, (y) restrictions and conditions existing on the date hereof identified on Schedule 6.07 of the Disclosure Supplement (but shall apply to any
extension or renewal of, or any amendment or modification expanding the scope of, any such restriction or condition) and (z) customary restrictions and conditions contained in agreements relating to the sale of a Restricted Subsidiary pending
such sale, provided that such restrictions and conditions apply only to the Restricted Subsidiary that is to be sold and such sale is permitted hereunder; and 

(ii) clause (a) of the foregoing shall not apply to (x) restrictions or conditions imposed by any agreement relating
to secured Indebtedness permitted by this Agreement if such restrictions or conditions apply only to the property or assets securing such Indebtedness, (y) customary provisions in leases and other contracts restricting the assignment thereof
and (z) customary restrictions imposed on any real estate investment trust by the terms of preferred stock issued by such real estate investment trust requiring the prior payment of dividends to its holders of such preferred stock,
provided that the aggregate amount of such dividends payable on all such preferred stock containing such restrictions held by Persons other than GEO and its Restricted Subsidiaries shall not exceed $75,000 for any calendar year. 

Section 6.08 Modifications of Certain Documents. No Borrower will, nor will it permit any of its Restricted Subsidiaries to,
consent to any modification, supplement or waiver of any of the provisions of any of the Senior Note Indentures without the consent of the Administrative Agent (not to be unreasonably withheld), except for the addition of guarantors in accordance
with the terms of any of the Senior Note Indentures (provided that all such guarantors shall be or immediately become Guarantors) and such other modifications, supplements or waivers not materially adverse to the Administrative Agent or the Lenders.

 Section 6.09 Certain Financial Covenants. 

(a) Total Leverage Ratio. GEO will not permit the Total Leverage Ratio on the last day of any of GEO’s fiscal quarters to exceed
5.76.25:1.00. 

  
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 (b) Senior Secured Leverage Ratio. GEO will not permit the Senior Secured Leverage Ratio
on the last day of any of GEO’s fiscal quarters to exceed 3.50:1.00. 
 (c) Interest Coverage Ratio. GEO will not permit the
ratio of (a) Adjusted EBITDA for any period of four consecutive fiscal quarters to (b) Interest Expense minus Interest Expense attributable to Indebtedness of Unrestricted Subsidiaries and Other Consolidated Persons that is Non-Recourse to GEO and the Restricted Subsidiaries for such four quarter period, to be less than 3.00 to 1.00. 

Section 6.10 Limitations on Exchange and Issuance of Equity Interests. No Borrower will, nor will it permit any of its Restricted
Subsidiaries to, issue, sell or otherwise dispose of any class or series of Equity Interests that, by its terms or by the terms of any security into which it is convertible or exchangeable, is, or upon the occurrence of any event or the lapse of
time would be, (a) convertible or exchangeable into Indebtedness or (b) required to be redeemed or repurchased, including at the option of the holder, in whole or in part. 

Section 6.11 Nature of Business. No Borrower will, nor will it permit any of its Restricted Subsidiaries to, engage in any
business other than a Permitted Business. 
 Section 6.12 Impairment of Security Interest. No Borrower will, nor will it permit
any of its Restricted Subsidiaries to, take or omit to take any action, which might or would have the result of materially impairing the security interests in favor of the Administrative Agent with respect to the collateral granted in favor of the
Administrative Agent for the benefit of the Secured Parties or grant to any Person (other than the Administrative Agent for the benefit of itself and the other Secured Parties pursuant to the Security Documents) any interest whatsoever in such
collateral, except for Liens permitted under Section 6.02 and asset sales permitted under Section 6.03. 

Section 6.13 Payments and Prepayments of Certain Debt. No Borrower will, nor will it permit any of its Restricted Subsidiaries to,
cancel or forgive, make any voluntary or optional payment or prepayment on, or redeem or acquire for value (including, without limitation, by way of depositing with any trustee with respect thereto money or securities before due for the purpose of
payment when due) any Senior Notes; provided, however, notwithstanding the foregoing, (i) the 2021 Notes may be repurchased, redeemed, acquired or defeased, (ii) so long as the Pro Forma Senior Secured Leverage Ratio is less
than or equal to 2.50:1.00, any of the Senior Notes may be repurchased, redeemed, acquired or defeased, and (iii) any of the Senior Notes may be repurchased, redeemed, acquired or defeased with the Net Available Proceeds of any Equity Issuance
or with the proceeds of any Indebtedness incurred to refinance all or any portion such Senior Notes that is otherwise permitted pursuant to Section 6.01(b) or Section 6.01(h). 

  
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 Section 6.14
Australian Trustee. 

(a) The Australian Trustee as Trustee. The Australian Trustee shall not resign or
retire as trustee of the Australian Trust or cause or permit any other Person to become an additional trustee of the Australian Trust or take, or omit to take any action, which might or would result in the retirement, removal or replacement of the
Australian Trustee as trustee of the Australian Trust, except where (i) the Australian Trustee is replaced as trustee of the Australian Trust by another wholly-owned Restricted Subsidiary of GEO incorporated in Australia who shall have acceded
to this Agreement in its capacity as trustee of the Australian Trust and shall have expressly assumed, confirmed and reaffirmed its continuing obligations as an Australian Borrower (and as the successor Australian Trustee) under this Agreement, in
each case pursuant to a joinder, confirmation or other agreements or documentation in form and substance satisfactory to the Administrative Agent, (ii) each Guarantor shall have confirmed and reaffirmed that its Guarantee of, and grant of any
Liens as security for, the Obligations shall apply to such succeeding Person’s obligations under this Agreement, in each case pursuant to a confirmation, reaffirmation or other agreements or documentation in form and substance satisfactory to
the Administrative Agent, (iii) the condition described in Section 4.01(p) shall have been satisfied with respect to such successor Australian Trustee, (iv) no Default shall exists or would result therefrom, (v) the
representations and warranties set forth in Section 3.26 shall be true and correct with respect to such successor Australian Trustee, (vi) the interests of the Lenders will not be adversely affected in any material respect, and
(vii) the Administrative Agent shall have received a certificate executed by the President, a Vice President or a Financial Officer of GEO certifying compliance with the conditions set forth in the foregoing clauses (i) through
(vi) of this Section 6.14(a).  
 (b) The Australian Trust
Instrument. Unless required by law, the Australian Trustee shall not without the prior written consent of the Administrative Agent do anything which results or could result in a variation of, or a supplement to, the Australian Trust Instrument, in a
way that results in, or could reasonably be expected to result in, a Material Adverse Effect, or that adversely affects or is likely to adversely affect its rights of indemnity or other rights to apply, use or retain Australian Trust assets to
satisfy its obligations arising under or in connection with the Loan Documents, the transactions contemplated therein, or the Credit Parties’ rights with respect to such rights.  

(c) Preserving the Australian Trust. The Australian Trustee shall not take, or omit
to take any action, which results in or is reasonably likely to result in (i) the termination or winding up of the Australian Trust, (ii) the resettlement or vesting of any Australian Trust assets that is not permitted by the Loan
Documents or (iii) it being disqualified from holding Australian Trust assets. 

(d) The Australian Trust Assets. The Australian Trustee shall not (i) acquire
any Australian Trust assets other than in the name of the Australian Trustee, or (ii) mix the Australian Trust assets, or take, or omit to take any action, which might or would result in the Australian Trust assets being mixed with other
property if that would restrict or impair in any way its rights of indemnity or other rights to apply, use or retain Australian Trust assets to satisfy its obligations arising under or in connection with the Loan Documents or the transactions
contemplated therein. 
 (e) Distributions, Redemptions and
Remuneration. 
 (i) The Australian Trustee shall not make
any distribution of Australian Trust assets to the unit holders of the Australian Trust, or redeem units in the Australian Trust, except (x) in the ordinary course of business where no Event of Default is continuing or would result therefrom or
(y) for any ratable distribution to GEO, any Borrower, any Guarantor or GEO International Holdings, LLC to the extent GEO, such Borrower, such Guarantor or GEO International Holdings,
LLC, as applicable, is at such time a unit holder of the Australian Trust. 

  
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 (ii) The Australian
Trustee shall not take any remuneration for itself out of Australian Trust assets if and for so long as an Event of Default is continuing or would result therefrom. 

ARTICLE VII 
 EVENTS OF DEFAULT

 Section 7.01 Events of Default. If any of the following events (each, an “Event of Default”) shall occur:

 (a) any Borrower or any Australian Borrower, as applicable, shall fail
to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement 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 otherwise; 

(b) any Borrower or any Australian Borrower, as applicable, shall fail to
pay any interest on any Loan or any fee or any other amount (other than an amount referred to in clause (a) of this Section) payable by any Borrower or such Australian Borrower,
respectively, under this Agreement or under any other Loan Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of three or more Business Days; 

(c) any representation or warranty made or deemed made by or on behalf of GEO or any of its Restricted Subsidiaries in or in connection with
this Agreement or any other Loan Document or any amendment or modification hereof or thereof, or any waiver hereunder or thereunder, or in any report, certificate, financial statement or other document furnished pursuant to or in connection with
this Agreement or any other Loan Document or any amendment or modification hereof or thereof, or any waiver hereunder or thereunder, shall prove to have been incorrect when made or deemed made in any material respect; 

(d) any Borrower shall fail to observe or perform any covenant, condition or agreement contained in Section 5.02(a)(i),
Section 5.03 (with respect to any Borrower’s or, unless the Australian Borrower Resignation Date shall have occurred, any Australian Borrower’s, respective
existence), Section 5.08, Section 5.09, Section 5.10 and Section 5.11(b) or in Article VI; 

(e) GEO or any of its Restricted Subsidiaries shall fail to observe or perform any covenant, condition or agreement contained in this Agreement
or any other Loan Document (other than those specified in clause (a), (b) or (d) of this Section) and such failure shall continue unremedied for a period of 30 or more days after notice thereof has been given to
GEO by the Administrative Agent; 
 (f) GEO or any of its Restricted Subsidiaries shall fail to make any payment of principal or interest
(regardless of amount) in respect of any Material Indebtedness, when and as the same shall become due and payable (after giving effect to any grace, cure or notice periods as originally in effect, without regard to any extension of any such
periods); 
 (g) any event or condition shall occur that results in any Material Indebtedness becoming due prior to its scheduled maturity or
that enables or permits (with or without the giving of notice, the lapse of time or both) the holder or holders of any Material Indebtedness or any trustee or agent on its or their behalf to cause any Material Indebtedness to become due, or to
require the 

  
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prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that this clause (g) shall not apply to Indebtedness that becomes due as a
result of (x) the voluntary sale or transfer of property or assets or any casualty in respect of property or assets or (y) the furnishing of a notice of redemption or prepayment of such Indebtedness in connection with a refinancing or
replacement thereof permitted by Section 6.01 or Section 6.13; 
 (h) an involuntary proceeding shall be commenced or
an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of GEO or any of its Significant Subsidiaries or their respective debts, or of a substantial part of their respective assets, under any
Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator,
conservator, liquidator, administrative receiver, administrator, compulsory administrator, provisional liquidator, receiver and manager, controller (in the case of appointments under
Australian law, as defined in the Australian Corporations Act) or similar official for GEO or any of its Significant Subsidiaries or for a substantial part of their respective assets, and, in any such case, such proceeding or petition shall
continue undismissed for a period of 60 or more days or an order or decree approving or ordering any of the foregoing shall be entered; 

(i) GEO or any of its Significant Subsidiaries shall (i) voluntarily commence any proceeding or file any petition seeking liquidation,
reorganization or other relief under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii) consent to the institution of, or fail to contest in a timely and appropriate manner, any
proceeding or petition described in clause (h) of this Section, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator,
liquidator, administrative receiver, administrator, compulsory administrator, provisional liquidator, receiver and manager, controller (in the case of appointments under Australian law, as defined in the Australian Corporations Act) or
similar official for GEO or any of its Significant Subsidiaries or for a substantial part of their respective assets, (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) take any action for the purpose of effecting any of the foregoing; 
 (j)
GEO or any of its Significant Subsidiaries shall admit in writing its inability to pay its debts as they become due; or, in the case of the Australian Trustee, the
Australian Trustee shall admit in writing its inability to pay all Australian Trust debts as and when they become due and payable out of its own assets (where it is obliged to do so) and Australian Trust assets; 

(k) (i) one or more judgments for the payment of money in an aggregate amount (excluding any portion thereof covered by insurance issued by a
creditworthy company that has admitted liability in respect thereof) in excess of $25,000,000 shall be rendered against GEO or any of its Subsidiaries or any combination thereof and the same shall remain undischarged for a period of 30 consecutive
days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of GEO or any of its Subsidiaries to enforce any such judgment, or (ii) a settlement of
any shareholder litigation or shareholder derivative action shall occur requiring GEO and/or any of its Restricted Subsidiaries to make an aggregate payment of money with respect to such shareholder litigation or such shareholder derivative action
(excluding any portion thereof covered by insurance issued by a creditworthy company that has admitted liability in respect thereof) in excess of $50,000,000; 

(l) an ERISA Event shall have occurred that, in the opinion of the Required Lenders, when taken together with all other ERISA Events that have
occurred, could reasonably be expected to result in liability of GEO and its Subsidiaries in an aggregate amount exceeding $10,000,000 in any year; 

  
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 (m) any one or more Environmental Liability claims shall have been asserted against GEO or any of
its Restricted Subsidiaries; GEO and its Restricted Subsidiaries would be reasonably likely to incur Environmental Liability as a result thereof; and such Environmental Liability claims could be reasonably expected, individually or in the aggregate,
to have a Material Adverse Effect; 
 (n) a Change in Control shall occur; or 

(o) any provision of this Agreement or any other Loan Document shall for any reason cease to be valid and binding on GEO or any of its
Subsidiaries party thereto or any such Person shall so state in writing or the Liens created by the Security Documents shall at any time not constitute a valid and perfected Lien on the collateral intended to be covered thereby (to the extent
perfection by filing, registration, recordation or possession is required herein or therein) in favor of the Administrative Agent, free and clear of all other Liens (other than Liens permitted under Section 6.02 or under the respective
Security Documents), or, except for expiration in accordance with its terms, any of the Security Documents shall for whatever reason be terminated or cease to be in full force and effect, or the enforceability thereof shall be contested by any
Borrower; or 

(p) unless the Australian Borrower Resignation Date shall have occurred,
(i) the Australian Trustee ceases to be the trustee of the Australian Trust or a new or additional trustee of the Australian Trust is appointed or any step is taken by a person with the power or standing to do so which could result in any of
those events (other than as permitted by Section 6.14(a)), (ii) the Australian Trustee ceases to have enforceable rights of indemnity or other rights to apply, use or retain Australian Trust assets to satisfy its obligations arising under
or in connection with the Loan Documents or the transactions contemplated thereby, or such rights become subject to a limitation or obligation to make good or clear accounts that is not permitted by the Loan Documents and where the aggregate amount
owed by the Australian Trustee exceeds A$25,000,000, (iii) the Australian Trust terminates or is terminated, the unit holders of the Australian Trust resolve to terminate or wind up the Australian Trust, an application or order is sought or
made by a person with the standing to do so in any court to wind up the Australian Trust and the Australian Trustee does not, within 30 Business Days of the date of any such relevant application or order, satisfy the Required Lenders that such
application or order is vexatious or otherwise without merit, the Australian Trustee becomes obliged to terminate or wind up the Australian Trust (whether under the Australian Trust Instrument or under applicable law) or the winding up of the
Australian Trust commences, (iv) a court decides, the Australian Trustee concedes, or the Australian Trustee or any unit holder of the Australian Trust alleges that the Australian Trust has not been fully or properly constituted and, in the
case of an allegation, the Australian Trustee does not within 30 Business Days of the date of the allegation satisfy the Required Lenders that the allegation is vexatious or otherwise without merit, (v) an application or order is sought by a
person with the standing to do so or is made in any court for any Australian Trust assets to be brought into court or administered by the court or under its control or for accounts to be taken in respect of the Australian Trust and the Australian
Trustee does not, within 30 Business Days of the date of any such relevant application or order, satisfy the Required Lenders that such application or order is vexatious or otherwise without merit, or (vi) the Australian Trustee ceases to be
authorized under the Australian Trust Instrument to hold in its name the Australian Trust assets or to comply with its obligations in connection with the Loan Documents and the transactions they contemplate as trustee of the Australian Trust.

 then, and in every such event (other than an event with respect to any Borrower described in clause (h) or (i) of this
Section), and at any time thereafter during the continuance of such event, the Administrative Agent may, and at the request of the Required Lenders shall, by notice to GEO, take either or both of the following actions, at the same or different
times: (i) terminate the Commitments, and thereupon the Commitments shall terminate immediately, and (ii) declare the Loans then outstanding to be due and payable in whole (or in part, in which case any principal not so declared to be due
and payable may 

  
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thereafter be declared to be due and payable), and thereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and all fees and other
obligations of the Borrowers accrued hereunder, shall become due and payable immediately, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrowers; and in case of any event with respect to any
Borrower described in clause (h) or (i) of this Section, the Commitments shall automatically terminate and the principal of the Loans then outstanding, together with accrued interest thereon and all fees and other obligations
of the Borrowers accrued hereunder, shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrowers. 

Section 7.02 Application of Payments. 

(a) Anything herein to the contrary notwithstanding (but subject to Section 7.02(b)), following the occurrence and during the
continuance of an Event of Default all payments received by the Administrative Agent (including any payments received in respect of optional and mandatory prepayments under Section 2.10) shall be applied as follows: 

(i) first, to the payment to the Administrative Agent of its costs and expenses, if any, of collection including
reasonable out-of-pocket expenses of the Administrative Agent and the fees and expenses of its agents and its counsel; 

(ii) next, to the payment in full of the principal of and interest on the Loans and to provide cover for all LC Exposure
as specified in Section 2.05(k), in each case ratably in accordance with the respective amounts thereof; and 

(iii) finally, after the payment in full of the principal and interest on the Loans and the provision of cover for all
LC Exposure as specified in Section 2.05(k), to GEO, or its successors or assigns, or as a court of competent jurisdiction may direct. 

(b) Anything herein or in any Security Document to the contrary notwithstanding, following the occurrence and during the continuance of an
Event of Default all amounts received by the Administrative Agent pursuant to the Security Documents shall be applied as follows: 

(i) first, to the payment of the costs and expenses of the collection, sale or other realization pursuant to the
Security Documents, including reasonable out-of-pocket costs and expenses of the Administrative Agent and the fees and expenses of its agents and counsel, and all other expenses incurred and advances made by the Administrative Agent in connection
therewith; 
 (ii) next, to the payment in full of the Obligations, in each case (except to the extent otherwise
provided in Section 2.16) equally and ratably in accordance with the respective amounts thereof then due and owing (for which purpose it is acknowledged and agreed that any obligation then due and owing to deposit cash cover in respect
of outstanding Letters of Credit is an Obligation then due and owing) or as the Secured Parties holding the same may otherwise agree; and 

(iii) finally, to the payment to GEO, or its successors or assigns, or as a court of competent jurisdiction may direct,
of any surplus then remaining. 
 Notwithstanding the foregoing, the proceeds of any cash or other amounts held in the Collateral Account
pursuant to Section 2.05(k) shall be applied first to the LC Exposure outstanding from time to time and second to the other Obligations in the manner provided above in this Section 7.02(b). 

  
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 ARTICLE VIII 

AGENCY 
 Section 8.01
Administrative Agent. Each of the Lenders and the Issuing Lenders hereby irrevocably appoints BNP Paribas to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to
take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof and thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are
solely for the benefit of the Administrative Agent, the Lenders and the Issuing Lenders, and the Borrowers shall not have rights as a third party beneficiary of any of such provisions. 

The Person serving as the Administrative Agent, the Person named the Lead Arranger hereunder and each Person named a Co-Syndication Agent
hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, the Lead Arranger or a Co-Syndication Agent and the term “Lender” or
“Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include each Person serving or named as the Administrative Agent, the Lead Arranger or a Co-Syndication Agent hereunder in such Person’s
individual capacity. Such Persons and their Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with GEO or any of its Subsidiaries or
other Affiliates as if such Person were not the Administrative Agent, the Lead Arranger or a Co-Syndication Agent hereunder and without any duty to account therefor to the Lenders. 

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, the Administrative Agent: 
 (a) shall not be subject to any fiduciary or other implied
duties, regardless of whether a Default has occurred and is continuing; 
 (b) shall not have any duty to take any discretionary action or
exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such
other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its
counsel, may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable law; and 
 (c) 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 GEO 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 not be liable for any
action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be
necessary, under the circumstances as provided in Section 9.02) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until
notice describing such Default is given to the Administrative Agent by GEO, a Lender or an Issuing Lender. 

  
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 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, (iv) the validity, enforceability, effectiveness or
genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or (v) 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. 
 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) 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 the making of a Loan, or the issuance, amendment, renewal or extension of a Letter of Credit, that by its terms must be fulfilled to the
satisfaction of a Lender or an Issuing Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender or such Issuing Lender unless the Administrative Agent shall have received notice to the contrary from such Lender
or such Issuing Lender prior to the making of such Loan or the issuance, amendment, renewal or extension of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for 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 perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document
by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties.
The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the
credit facilities provided for herein as well as activities as Administrative Agent. 
 The Administrative Agent may at any time give notice
of its resignation to the Lenders, the Issuing Lenders and GEO. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with GEO, to appoint a successor, which shall be a bank with an office in the
United States of America. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation (the
“Resignation Effective Date”), then the retiring Administrative Agent may, on behalf of the Lenders and the Issuing Lenders, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that
if the Administrative Agent shall notify GEO and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice. 

If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof, the
Required Lenders may, to the extent permitted by applicable law, by notice in writing to GEO and such Person remove such Person as Administrative Agent and, in consultation with GEO, appoint a successor. If no such successor shall have been so
appointed by the Required Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such removal shall nonetheless
become effective in accordance with such notice on the Removal Effective Date. 

  
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 With effect from the Resignation Effective Date or the Removal Effective Date, as applicable
(1) the retiring or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents and (2) except for any indemnity payments owed to the retiring or removed Administrative
Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and each Issuing Lender directly, until such time as the Required Lenders appoint a
successor Administrative Agent as provided for above. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of
the retiring (or retired or removed) Administrative Agent, and the retiring or removed Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom
as provided above) other than any rights to indemnity payments owed to the retiring or removed Administrative Agent. The fees payable by the Borrowers to a successor Administrative Agent shall be the same as those payable to its predecessor unless
otherwise agreed between GEO and such successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article and Section 9.03 shall
continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed Administrative Agent
was acting as Administrative Agent. 
 Each Lender and each Issuing Lender acknowledges that it has, independently and without reliance upon
the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and each
Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem
appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

Except as otherwise provided in Section 9.02(b) with respect to this Agreement, the Administrative Agent may, with the prior
consent of the Required Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Loan Documents, provided that, without the prior consent of each Lender, the Administrative Agent shall not (except as
provided herein or in the Security Documents) release all or substantially all of the collateral or otherwise terminate all or substantially all of the Liens under any Security Document, agree to additional obligations being secured by all or
substantially all of such collateral (unless the Lien for such additional obligations shall be junior to the Lien in favor of the other obligations secured by such Security Document, in which event the Administrative Agent may consent to such junior
Lien provided that it obtains the consent of the Required Lenders thereto), alter the relative priorities of the obligations entitled to the benefits of the Liens created under the Security Documents with respect to all or substantially all
of such collateral or release all or substantially all of the Guarantors under the Loan Documents from their Guarantee obligations thereunder, except that no such consent shall be required, and the Administrative Agent is hereby authorized, to
release any Lien covering property (and to release any such Guarantor) that is the subject of a disposition of property permitted hereunder, a disposition to which the Required Lenders have consented or the designation of any such Guarantor as an
Unrestricted Subsidiary pursuant to Section 5.09(d). Notwithstanding the foregoing, the Lenders irrevocably authorize the Administrative Agent, at its option and in its sole
discretion, to release (or to confirm or further evidence the release of) any Subsidiary from its obligations under the Loan Documents in accordance with the terms of the applicable Loan Documents if such Person ceases to be a
Restricted Subsidiary as a result of a transaction permitted under the Loan Documents or a designation pursuant to Section 5.09(d) (including, for the avoidance of doubt, if the
Australian Borrower Resignation Date shall have occurred, the Australian Borrowers). 

  
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 Section 8.02 Hedge Counterparties
and Cash Management Banks. Anything herein or in any other Loan Document to the contrary notwithstanding, no Cash Management Bank or Hedge Counterparty that obtains the benefits of any
Collateral by virtue of the provisions hereof or of any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the
Collateral (including the release or impairment of any Collateral) other than in its (or its Affiliate’s) capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision
of this Article VIII to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Cash Management Obligations or obligations under Hedging
Agreements of Hedge Counterparties unless the Administrative Agent has received written notice of such Cash Management Obligations or obligations under Hedging Agreements of Hedge Counterparties, as applicable, together with such supporting
documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Counterparty, as the case may be. 

Section 8.03 Section 8.02 Lead Arranger;
Co-Syndication Agents. Anything herein or in any other Loan Document to the contrary notwithstanding, the Lead Arranger and the Co-Syndication Agents are named as such for recognition purposes only, and in their respective capacities as such
shall have no duties, responsibilities or liabilities with respect to this Agreement or any other Loan Document; it being understood and agreed that the Lead Arranger and each Co-Syndication Agent shall be entitled to all indemnification and
reimbursement rights in favor of the Administrative Agent provided herein and in the other Loan Documents. Without limitation of the foregoing, none of the Lead Arranger or any Co-Syndication Agent, in their respective capacities as such, shall, by
reason of this Agreement or any other Loan Document, have any fiduciary relationship in respect of any Lender, any Borrower or any other Person. 

ARTICLE IX 
 MISCELLANEOUS 

Section 9.01 Notices. 

(a) Notices Generally. 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)), 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 or e-mail, as follows: 
  

	 	(i)	if to the Borrowers: 

 The GEO Group, Inc. 

One Park Place 
 621 NW 53rd
Street 
 Suite 700 
 Boca
Raton, Florida 33487 
 Attention: Brian Evans 

Telephone No.: 561-999-7401 

Telecopy No.: 561-999-7742 

Email:
bevans@geogroup.com   

  
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 with copies to: 

Akerman LLP 
 One
Southeast Third Avenue, 25th Floor 
 Three Brickell City Centre

 98 Southeast Seventh Street 

Suite 1100 

Miami, Florida 33131-1714 

Attention: Stephen K. Roddenberry 

Telephone No.: 305-374-5600 

Telecopy No.: 305-374-5095 

Email:
stephen.roddenberry@akerman.com   
 and 

The GEO Group, Inc. 
 One Park
Place 
 621 NW 53rd Street 

Suite 700 
 Boca Raton, Florida
33487 
 Attention: John Bulfin, Esq. 

Telephone No.: 561-622-5656 

Telecopy No.: 561-691-6777 

Email:
jbulfin@geogroup.com   
  

	 	(ii)	if to the Administrative Agent: 

 in the case of any Borrowing Request, notice of
continuation/conversion, notice of prepayment or other routine administrative notice, to: 
 BNP Paribas 

787 Seventh Avenue 
 New York,
New York 10019 
 Attention: Jacqueline Douyon 

Telephone No.: (212) 841-2166 

Telecopy No.: (212) 841-2745 

Email:
dl.nyk_cov.middle.office@us.bnpparibas.com   

with copies to: 

BNP Paribas RCC, Inc. 

525 Washington Boulevard 

Jersey City, New Jersey 07310 

Attention: Loan Servicing Department 

Telephone No.: (514) 908-5755 

Telecopy No.: (201) 616-7912 

Email: dl.nyk.regional.agency@ca.bnpparibas.com 

  
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 in all other cases, to: 

BNP Paribas 

28th32nd Floor 

787 Seventh Avenue 
 New York,
New York 10019 
 Attention: Brendan HeneghanKevin Choi 

 Telephone No.:
(212917) 
841472-38854375  

Telecopy No.: (212) 841-2868 

Email:
kevin.choi@us.bnpparibas.com   
 with copies to: 

BNP Paribas RCC, Inc. 
 525
Washington Boulevard 
 Jersey City, New Jersey 07310 

Attention: Loan Servicing Department 

Telephone No.: (201) 850-6807 

Telecopy No.: (201) 850-4020 

Email:
dl.nyk.regional.agency@ca.bnpparibas.com   

(iii) if to a Lender, to it at its address (or telecopier number) set forth in its Administrative Questionnaire. 

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), shall be effective as provided in said Section 9.01(b). 

(b) Electronic Communications. Notices and other communications to the Lenders and the Issuing Lenders 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 any Issuing Lender
pursuant to Article II if such Lender or such Issuing Lender, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication. The Administrative Agent or GEO
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. 
 Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address
shall be deemed received upon the sender’s receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgment), provided
that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient, and
(ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in clause (i) of this sentence of notification that such
notice or communication is available and identifying the website address therefor. 
 (c) Change of Address, Etc. Any party hereto may
change its address or telecopier number for notices and other communications hereunder by notice to the other parties hereto (or, in the case of any such change by a Lender, by notice to GEO and the Administrative Agent). 

  
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 (d) Platform. Each Borrower and
each Australian Borrower hereby acknowledges that (a) the Administrative Agent will make available to the Lenders and the Issuing Lenders materials and/or information provided by, or on behalf of, the
BorrowersGEO, its Subsidiaries and the Other Consolidated Persons hereunder (collectively, the “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 nonpublic information with
respect to the Borrowers or their respective Subsidiaries or the respective securities of any of the foregoing (collectively, “MNPI”) (each, a “Public Lender”). Each Borrower
and each Australian Borrower hereby agrees that (w) all Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked
“PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof, (x) by marking Borrower Materials “PUBLIC,” the
Borrowers and the Australian Borrowers shall be deemed to have authorized the Administrative Agent and the Lenders to treat such Borrower Materials as not containing any MNPI for
purposes of foreign or United States Federal and state securities laws (provided that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 9.12(b)), (y) all Borrower Materials
marked “PUBLIC” are permitted to be made available through a portion of the Platform designated as “Public Investor,” and (z) the Administrative Agent shall be entitled to treat any Borrower Materials that are not marked
“PUBLIC” as being suitable only for posting on a portion of the Platform not marked as “Public Investor.” Notwithstanding the foregoing, the following Borrower Materials shall be deemed to be marked “PUBLIC,” unless GEO
notifies the Administrative Agent promptly that any such document contains MNPI: (i) the Loan Documents, (ii) notification of changes in the terms of the Commitments or the Loans and (iii) all information delivered pursuant to
Section 5.01(a), (b) and (e). 
 Each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender
to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s
compliance procedures and applicable law, including United States Federal and state securities laws, to make reference to communications that are not made available through the “Public Side Information” portion of the Platform and that may
contain material non-public information with respect to the Borrowers or their respective securities for purposes of United States Federal or state securities laws. 

THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” NEITHER THE ADMINISTRATIVE AGENT NOR ANY OF ITS RELATED PARTIES WARRANTS THE
ACCURACY OR COMPLETENESS OF ANY COMMUNICATIONS OR THE ADEQUACY OF THE PLATFORM AND EACH EXPRESSLY DISCLAIMS LIABILITY FOR ERRORS OR OMISSIONS IN ANY COMMUNICATIONS ON OR THROUGH THE PLATFORM. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR
STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NONINFRINGEMENT OF THIRD-PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS IS MADE BY THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTIES IN
CONNECTION WITH ANY SUCH COMMUNICATIONS OR THE PLATFORM. IN NO EVENT SHALL THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTIES HAVE ANY LIABILITY TO ANY BORROWER OR ANY OF THEIR RESPECTIVE AFFILIATES, ANY CREDIT PARTY OR ANY OTHER PERSON FOR
DAMAGES OF ANY KIND, WHETHER OR NOT BASED ON STRICT LIABILITY AND INCLUDING DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF THE BORROWERS’ OR ANY OF
THEIR AFFILIATES’ OR THE ADMINISTRATIVE AGENT’S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET, EXCEPT TO THE EXTENT THE LIABILITY OF ANY SUCH PERSON IS FOUND IN A FINAL RULING BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED
FROM SUCH PERSON’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. 

  
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 Each Lender agrees that receipt of notice to it (as provided above) specifying that the communications have been
posted to the Platform shall constitute effective delivery of such communications to such Lender for purposes of the Loan Documents. 

Section 9.02 Waivers; Amendments. 

(a) No Deemed Waivers; Remedies Cumulative. No failure or delay by the Administrative Agent, any Issuing Lender or any Lender in
exercising any right, power or remedy hereunder 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, the Issuing Lenders and the Lenders hereunder are cumulative and are not exclusive of any rights, powers or remedies
that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by the Borrowers therefrom shall in any event be effective unless the same shall be permitted by Section 9.02(b), and then such
waiver or consent shall be effective only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan or issuance, amendment, renewal or extension of a Letter of Credit shall
not be construed as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or any Issuing Lender may have had notice or knowledge of such Default at the time. 

(b) Amendments. Neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement or
agreements in writing entered into by the Borrowers and the Required Lenders or by the Borrowers and the Administrative Agent with the consent of the Required Lenders; provided that no such agreement shall 

(i) increase any Commitment of any Lender without the written consent of each Lender directly affected thereby, 

(ii) reduce the principal amount of any Loan or LC Disbursement or reduce the rate of interest thereon, or reduce any fees
payable hereunder, without the written consent of each Lender directly affected thereby, 
 (iii) postpone the scheduled date
of payment of the principal amount of any Loan or LC Disbursement, or any interest thereon, or any fees payable hereunder, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any Commitment (in
each case, for the avoidance of doubt, excluding amendments to Section 2.10(b)(ii)), without the written consent of each Lender directly affected thereby, 

(iv) change Section 2.16(c) or (d) in a manner that would alter the pro rata sharing of payments
required thereby without the written consent of each Lender directly affected thereby, 
 (v) change any of the provisions of
this Section or the percentage in the definition of the term “Required 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 written consent of each Lender, 
 (vi) permit any subordination of the principal
or interest on any Loan or the obligation of the Borrowers to reimburse the Issuing Lender pursuant to Section 2.05(f) for all LC Disbursements, without the prior written consent of each Lender, 

  
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 (vii) release the Borrowers from their obligations under the Loan Documents
without the prior written consent of each Lender, 
 (viii) permit any assignment (other than as specifically permitted or
contemplated in this Agreement) of any of the Borrowers’ rights and obligations hereunder without the prior written consent of each Lender, 

(ix) release all or substantially all of the collateral granted in favor of the Administrative Agent for the benefit of the
Secured Parties or release any Security Document (other than disposition of assets permitted pursuant to Section 6.03 and as otherwise specifically permitted or contemplated in this Agreement or the applicable Security Document) without
the prior written consent of each Lender, 
 (x) release all or substantially all of the Guarantors from their obligations
under the Guaranty Agreement without the prior written consent of each Lender, except as expressly contemplated by any of the Loan Documents, or 

(xi) change Section 2.10(b)(iii) or Section 7.02 or Section 5.4 of the Collateral Agreement in a
manner that would alter the application of payments required thereby without the written consent of each Lender, 
 and provided further that
no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent, any Issuing Lender or any Swingline Lender hereunder without the prior written consent of the Administrative Agent, such Issuing Lender or
such Swingline Lender, as the case may be. 
 (c) Amend and Extend. Notwithstanding anything contained herein to the contrary, any
amendment or modification that extends the date required for the payment of principal of any Loan of any Class and/or the termination date for any Commitment of any Class (which amendment or modification may but shall not be required to include
increasing the Applicable Rate for any Lender that agrees to such extension for its Loans and/or Commitments of such Class (a “Consenting Lender”)) shall require only the consents of (i) the Borrowers and the Guarantors,
(ii) such Consenting Lender, (iii) the Required Lenders of such Class, (v) the Administrative Agent and (vi) if such Class includes Revolving Credit Loans and/or Revolving Credit Commitments, each Issuing Lender and Swingline
Lender affected thereby. No such extension shall apply to any Loan or any Commitment of any Lender that is not a Consenting Lender. 
 (d)
Waivers of Certain Conditions. Anything in this Agreement to the contrary notwithstanding, no waiver or modification of any provision of this Agreement that has the effect (either immediately or at some later time) of enabling the Borrowers
to satisfy a condition precedent to the making of a Loan of any Class shall be effective against the Lenders of such Class for purposes of the Commitments of such Class unless the Required Lenders of such Class shall have concurred with such waiver
or modification, and no waiver or modification of any provision of this Agreement or any other Loan Document that could reasonably be expected to adversely affect the Lenders of any Class in a manner that does not affect all Classes equally shall be
effective against the Lenders of such Class unless the Required Lenders of such Class shall have concurred with such waiver or modification. 

  
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 Section 9.03 Expenses; Indemnity; Damage Waiver. 

(a) Costs and Expenses. The Borrowers agree to pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent
and its Affiliates (including the reasonable fees, charges and disbursements of counsel (including Special Counsel and local counsel in Australia and any other
relevant jurisdiction) for the Administrative Agent), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation,
execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be
consummated), (ii) all reasonable out-of-pocket expenses incurred by any Issuing Lender in connection with the issuance, amendment, renewal or extension of any Letter of Credit, or any demand for payment thereunder, (iii) all out-of-pocket
expenses incurred by the Administrative Agent, any Issuing Lender or any Lender (including the reasonable fees, charges and disbursements of one primary outside counsel, one local counsel in each relevant jurisdiction as reasonably required, and, in
the case of an actual and potential conflict of interest among the Administrative Agent and the Lenders (or among any of them), one additional counsel to each group of similarly affected Lenders (taken as a whole)) in connection with the enforcement
or protection of its rights, whether in any action, work-out, restructuring, suit or litigation, or any bankruptcy, insolvency or other similar proceeding affecting creditors’ rights generally, (A) in connection with this Agreement and the
other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations
in respect of such Loans or Letters of Credit and (iv) and all costs, expenses, taxes, assessments and other charges incurred in connection with any filing, registration, recording or perfection of any security interest contemplated by any
Security Document or any other document referred to therein. 
 (b) Indemnification by the Borrowers. The Borrowers agree to indemnify
the Administrative Agent (and any sub-agent thereof), the Lead Arranger, each Co-Syndication Agent, each Lender, each Swingline Lender, each Issuing Lender, and each Related Party of any of the foregoing Persons (each such Person being called an
“Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses (including the fees, charges and disbursements of any counsel for any Indemnitee), and shall
indemnify and hold harmless each Indemnitee from all fees and time charges and disbursements for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any third party or by the Borrowers
arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their
respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by any Issuing
Lender to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit) and any payments that the Administrative Agent is required to
make under any indemnity issued to any bank to which remittances in respect of Accounts (as defined in the UCC), as defined in the Collateral Agreement, are to be made, (iii) any actual or alleged presence or release of Hazardous Materials on
or from any property owned or operated by any Borrower or any of their respective Subsidiaries, or any Environmental Liability related in any way to any Borrower or any of their respective Subsidiaries, or (iv) any actual or prospective claim,
litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by any Borrower, and regardless of whether any Indemnitee is a party thereto,
provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and
nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee or (y) result from a claim brought by any Borrower against an Indemnitee for breach in bad faith of such Indemnitee’s obligations
hereunder or under any other Loan Document, if any Borrower has obtained a final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction. 

  
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 (c) Reimbursement by Lenders. To the extent that any Borrower for any reason fails to
indefeasibly pay any amount required under Sections 9.03(a) or (b) to be paid by it to the Administrative Agent (or any sub-agent thereof), an Issuing Lender or a Swingline Lender or any Related Party of any of the foregoing,
each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), such Issuing Lender or such Swingline Lender or such Related Party, as the case may be, such Lender’s Applicable Percentage (determined as of the time that
the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or
asserted against the Administrative Agent (or any such sub-agent), such Issuing Lender or such Swingline Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such
sub-agent), such Issuing Lender or such Swingline Lender in connection with such capacity. 
 (d) Waiver of Consequential Damages,
Etc. To the fullest extent permitted by applicable law, no Borrower or Australian Borrower shall assert, and each
Borrower and each Australian Borrower hereby waives, 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 or thereby, the transactions contemplated hereby or thereby, any
Loan, 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) Payments. All amounts due under this Section shall be payable promptly after demand therefor. 

Section 9.04 Successors and Assigns. 

(a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties
hereto and their respective successors and assigns permitted hereby, except that no Borrower may assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender,
and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with Section 9.04(b), (ii) by way of participation in accordance with Section 9.04(d)
or (iii) by way of pledge or assignment of a security interest subject to the restrictions of Section 9.04(f) (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this
Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, each Issuing Lender, each Swingline Lender, Participants, to the extent provided
in Section 9.04(d) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, each Issuing Lender, each Swingline Lender and the Lenders) any legal or equitable right, remedy or claim under
or by reason of this Agreement. 
 (b) Assignments by Lenders. Any Lender may at any time assign to one or more assignees 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) to any Person; provided that any such assignment shall be subject to the following conditions:

 (i) Minimum Amounts; Resulting Commitments. 

(A) In the case of an assignment of the entire remaining amount of the assigning Lender’s Commitments and the Loans at the
time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

  
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 (B) in any case not described in Section 9.04(b)(i)(A), the aggregate
amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment
(determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of such specified date) shall not be
less than $5,000,000, in the case of any assignment in respect of a Revolving Credit Commitment, $1,000,000, in the case of any assignment in respect of an Incremental Term Loan Commitment, A$5,000,000 in the case of any assignment in respect of an
Australian LC Facility Commitment, in each case unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, GEO otherwise consents (each such consent not to be unreasonably withheld or
delayed).; and 

(C) immediately after giving effect to any such assignment of
Revolving Credit Commitments and any concurrent assignment of Multicurrency Subfacility Commitments, with respect to each of the assignor Lender and the assignee Lender, (x) such Lender’s Multicurrency Subfacility Commitment shall not
exceed its Revolving Credit Commitment and (y) the sum of such Lender’s Revolving Credit Exposure plus the outstanding principal amount of its Multicurrency Subfacility Loans shall not exceed its Revolving Credit Commitment. 

(ii) Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all the
assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Commitment assigned, except that this clause (ii) shall not (x) prohibit any Lender from assigning all or a portion of its rights
and obligations in respect of different Classes of Commitments on a non-pro rata basis or (y) apply to rights and obligations in respect of outstanding Competitive AUD LCs. 

(iii) Required Consents. No consent shall be required for any assignment to a Lender, an Affiliate of a Lender or an
Approved Fund except to the extent required by Section 9.04(b)(i)(B) and, in addition: 
 (A) the consent of GEO
(such consent not to be unreasonably withheld or delayed) shall be required unless (x) a Default has occurred and is continuing at the time of such assignment or (y) such assignment is to a Lender, an Affiliate of a Lender or an Approved
Fund; provided that GEO shall be deemed to have given its consent ten days after the date a request therefor has been delivered by the Administrative Agent unless such consent is expressly refused in writing by GEO prior to such tenth day;

 (B) the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required
for assignments in respect of (x) a Revolving Credit Commitment, an Incremental Term Loan Commitment no part of which has been utilized if such assignment is to a Person that is not a Lender with a Commitment of such Class, an Affiliate of such
Lender or an Approved Fund with respect to such Lender or (y) an Incremental Term Loan Commitment which has been utilized to a Person who is not a Lender, an Affiliate of a Lender or an Approved Fund; 

  
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 (C) the consent(s) of the relevant Issuing Lender(s) shall be required for any
assignment that increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding); 

(D) the consent of each Swingline Lender and each RCF LC Issuer shall be required for any assignment in respect of the
Revolving Credit Commitments; and 
 (E) the consent of each AUD LC Issuer shall be required for any assignment in respect of
the Australian LC Facility Commitments. 
 (iv) Assignment and Assumption. The parties to each assignment shall
execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500 (which fee may be waived in the sole discretion of the Administrative Agent), and the assignee, if it is not a
Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 
 (v) No Assignment to Natural
Persons. No such assignment shall be made to a natural person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural
person). 
 (vi) No Assignment to Defaulting Lender. No such assignment shall be made to any Defaulting
Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (vi). 

(vii) Limitations on Assignments to GEO and its
SubsidiariesAffiliates. No such assignments shall be made to GEO or any of its Affiliates, except, solely with respect to Term Loans, as otherwise provided below
in this Section. 
 (viii) Certain Additional Payments. In connection with any assignment of rights and obligations of
any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in
an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of GEO and
the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all
payment liabilities then owed by such Defaulting Lender to the Administrative Agent, each Issuing Lender, each Swingline Lender and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full
pro rata share of all Loans and participations in Letters of Credit and Swingline Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender
hereunder shall become effective under applicable law without compliance with the provisions of this clause (viii), then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until
such compliance occurs. 

  
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 Notwithstanding anything to the contrary contained in this Section 9.04, so long as no Default has
occurred and is continuing or would result therefrom, each Term Lender shall have the right at any time to sell, assign or transfer all or a portion of the Term Loans owing to it to GEO (but not any Subsidiary of GEO) on a non-pro rata basis
(provided, however, that each assignment shall be of a uniform, and not varying, percentage of all rights and obligations under and in respect of any applicable Term Loan) pursuant to (x) one or more modified Dutch auctions (each,
an “Auction”) to repurchase all or any portion of the Term Loans (provided that, (A) notice of the Auction shall be made to all Term Lenders and (B) the Auction shall be conducted pursuant to such procedures which
are consistent with this Section 9.04(b) as the Auction Manager may establish and otherwise reasonably acceptable to GEO, the Auction Manager, and the Administrative Agent) or (y) open market purchases, in each case subject to the
following additional limitations: (A) with respect to all purchases made by GEO pursuant to this Section 9.04(b), (I) GEO shall deliver to the Auction Manager, if applicable, a certificate of the President, a Vice President or
a Financial Officer of GEO stating that no Default has occurred and is continuing or would result from such purchase, (II) GEO shall not, directly or indirectly, use the proceeds of any Revolving Credit Loans to acquire any Term Loan,
(III) GEO shall disclose in writing to the assigning Lender (prior to the entering into of an Assignment and Assumption or other agreement in respect of such assignment) its identity as the purchaser of such Term Loans, and (IV) the
assigning Lender and the Borrowers shall execute and deliver to the Auction Manager, if applicable, an Assignment and Assumption; and (B) immediately upon the consummation of any purchase by GEO pursuant to this Section 9.04(b), all
Term Loans so repurchased shall, without further action by any Person, be deemed cancelled for all purposes and no longer outstanding (and may not be resold by GEO), for all purposes of this Agreement and all other Loan Documents, including, but not
limited to (I) the making of, or the application of, any payments to the Lenders under this Agreement or any other Loan Document, (II) the making of any request, demand, authorization, direction, notice, consent or waiver under this
Agreement or any other Loan Document or (III) the determination of Required Lenders, or for any similar or related purpose, under this Agreement or any other Loan Document. In connection with any Term Loans purchased and cancelled pursuant to
this Section 9.04(b), Administrative Agent is authorized to make appropriate entries in the Register to reflect any such cancellation. 

Subject to acceptance and recording thereof by the Administrative Agent pursuant to Section 9.04(c), from and after the effective date specified
in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, 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 Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption 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 (x) entitled to the benefits of Section 2.14, Section 2.15 and Section 9.03
and (y) obligated pursuant to Section 2.17(g), in each case with respect to facts and circumstances occurring prior to the effective date of such assignment; provided, that except to the extent otherwise expressly agreed by
the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Any assignment or transfer by a Lender of rights or
obligations under this Agreement that does not comply with this paragraph 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 Section 9.04(d). 

(c) Register. The Administrative Agent, acting solely for this purpose as a non-fiduciary agent
of the Borrowers, shall maintain at one of its offices in New York a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts
of the Loans 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 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 GEO or any Lender at any
reasonable time and from time to time upon reasonable prior notice; provided, however, that no Borrower nor the Administrative Agent shall be required to provide or grant access to any Lender any information (including without
limitation as to identity or amount or percentage of credit exposure hereunder) about any other Lender. 

  
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 (d) Participations. Any Lender may at any time, without the consent of, or notice to, the
Borrowers or the Administrative Agent, sell participations to any Person (other than a natural person (or a holding company, investment vehicle or trust for, or owned and operated for the
primary benefit of, a natural person) or any Borrower or any of the Borrowers’ respective Affiliates or Subsidiaries) in all or a portion (provided that any such portion shall not be less than $5,000,000, in the case of any
participation in respect of a Revolving Credit Commitment or Multicurrency Subfacility Commitment, $1,000,000, in the case of any participation in respect of an Incremental Term Loan
Commitment or A$5,000,000, in the case of any participation in respect of an Australian LC Facility Commitment) of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans owing
to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and
(iii) the Borrowers, the Administrative Agent, the Lenders, the Issuing Lenders and Swingline Lender shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement.

 Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole
right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant,
agree to any amendment, modification or waiver which would reduce the principal of or the interest rate on any Loan or the obligation of the Borrowers to reimburse any Borrowing, extend the term or increase the amount of the applicable Commitment of
such Lender, reduce the amount of any fees to which such Participant is entitled, extend any scheduled payment date for principal of any Loan or, except as expressly contemplated hereby or thereby, release substantially all of the collateral granted
in favor of the Administrative Agent for the benefit of the Secured Parties, in any such case in a manner that would affect such Participant. Subject to Section 9.04(e), the Borrowers agree that each Participant shall be entitled to the
benefits of Section 2.14 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section 9.04(b). To the extent permitted by law, each Participant also shall be entitled to the
benefits of Section 9.08 as though it were a Lender, provided that such Participant agrees to be subject to Section 2.16(d) as though it were a Lender. 

Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrowers, maintain a register on
which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under this Agreement (the “Participant Register”). The
entries in the Participant Register shall be conclusive, and such Lender shall treat each person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to
the contrary. This Section 9.04(d) shall be construed so that the Loans and other obligations hereunder are at all times maintained in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the
Code and any related regulations (or any other relevant or successor provisions of the Code or such regulations). 
 (e) Limitations
upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Section 2.13 and Section 2.15 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 GEO’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of
Section 2.15 unless GEO is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrowers, to comply with Sections 2.15(e) and (g) as though it were a Lender.

  
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 (f) Certain Pledges. 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 or any central bank having jurisdiction over such Lender; provided
that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

Section 9.05 Survival. All covenants, agreements, representations and warranties made by the Borrowers herein and in the
certificates or other instruments delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and the making of
any Loans and issuance, amendment, renewal or extension of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that the Administrative Agent, any Issuing Lender or any Lender may
have had notice or knowledge of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee
or any other amount payable under this Agreement is outstanding and unpaid or any Letter of Credit is outstanding and so long as the Commitments have not expired or been terminated. The provisions of Section 2.13,
Section 2.14, Section 2.15 and Section 9.03 and Article VIII shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment of
the Loans, the expiration or termination of the Letters of Credit and the Commitments or the termination of this Agreement or any provision hereof. 

Section 9.06 Counterparts; Integration; Effectiveness; Lender Addendum. 

(a) Counterparts; Integration; Effectiveness. This Agreement (and any
amendment hereto or waiver hereunder) may be executed in counterparts (and by different parties hereto in different counterparts), including the Lender Addenda, each of which shall constitute an original, but all of which when taken together
shall constitute a single contract. This Agreement (including the Lender Addenda) and the other Loan Documents, and any separate letter agreements with respect to fees payable to the Administrative Agent, constitute the entire contract between and
among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 4.01, this Agreement shall
become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of
an executed counterpart of a signature page to this Agreement by telecopy or in “Portable Document Format” shall be effective as delivery of a manually executed counterpart of this Agreement. 

(b) Lender Addendum. Each Lender executing this Agreement shall become a party hereto by delivering to the Administrative Agent a Lender
Addendum duly executed by such Lender and each Borrower and, by executing its Lender Addendum, each such Lender agrees to be bound by the provisions hereof with respect to the Commitment set forth opposite its name in such Lender Addendum. 

Section 9.07 Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall,
as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular provision in
a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 

  
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 Section 9.08 Right of Setoff. If an Event of Default shall have occurred and be
continuing, each Lender, each Issuing Lender and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or
special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such Issuing Lender or any such Affiliate to or for the credit or the account of any
Borrower against any and all of the obligations of the Borrowers now or hereafter existing under this Agreement or any other Loan Document to such Lender or such Issuing Lender, irrespective of whether or not such Lender or such Issuing Lender shall
have made any demand under this Agreement or any other Loan Document and although such obligations of the Borrowers may be contingent or unmatured or are owed to a branch or office of such Lender or such Issuing Lender different from the branch or
office holding such deposit or obligated on such indebtedness; provided that in the event that any Defaulting Lender shall exercise any such right of setoff, (i) all amounts so set off shall be paid over immediately to the Administrative
Agent for further application in accordance with the provisions of Section 2.18 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative
Agent, the Issuing Lenders and the Lenders, and (ii) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised
such right of setoff. The rights of each Lender, each Issuing Lender and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, such Issuing Lender or their
respective Affiliates may have. Each Lender and each Issuing Lender agrees to notify GEO and the Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity
of such setoff and application. 
 Section 9.09 Governing Law; Jurisdiction; Etc. 

(a) Governing Law. This Agreement shall be governed by, and construed in accordance with, the law of the State of New York. 

(b) Submission to Jurisdiction. The BorrowersEach Borrower
and each Australian Borrower irrevocably and unconditionally submit, for itself and its property, to the nonexclusive jurisdiction of the Supreme Court of the State of New York sitting in New York County and of the United States District
Court for the Southern District of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or any other Loan Document, or for recognition or enforcement of any judgment, and each
of the parties hereto 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 court or, to the fullest extent permitted by applicable 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
or in any other Loan Document shall affect any right that the Administrative Agent, any Issuing Lender or any Lender may otherwise have to bring any action or proceeding relating to this Agreement or any other Loan Document against any Borrower or
any Australian Borrower or any of its respective properties in the courts of any jurisdiction. 

(c) Waiver of Venue. Each Borrower and each Australian Borrower
irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Agreement or any other
Loan Document in any court referred to in Section 9.09(b). Each of the parties hereto irrevocably waives, to the fullest extent permitted by applicable law, the defense of an inconvenient forum to the maintenance of such action or proceeding
in any such court. 
 (d) Service of Process. Each party hereto irrevocably consents to service of process in the manner provided for
notices in Section 9.01. Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by applicable law. 

  
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 Section 9.10 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY
OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON 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 BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION. 
 Section 9.11 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 shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 

Section 9.12 Treatment of Certain Information; Confidentiality. 

(a) Treatment of Certain Information. Each Borrower acknowledges that from time to time financial advisory, investment banking and other
services may be offered or provided to a Borrower or one or more of their respective Subsidiaries (in connection with this Agreement or otherwise) by any Lender or by one or more subsidiaries or affiliates of such Lender and the Borrowers hereby
authorize each Lender to share any information delivered to such Lender by any Borrower or its respective Subsidiaries pursuant to this Agreement, or in connection with the decision of such Lender to enter into this Agreement, to any such subsidiary
or affiliate, it being understood that any such subsidiary or affiliate receiving such information shall be bound by the provisions of Section 9.12(b) as if it were a Lender hereunder. Such authorization shall survive the repayment of
the Loans, the expiration or termination of the Letters of Credit and the Commitments or the termination of this Agreement or any provision hereof. 

(b) Confidentiality. Each of the Administrative Agent, the Issuing Lenders and the Lenders agrees to maintain the confidentiality of the
Information (as defined below), except that Information may be disclosed (i) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, advisors and other representatives (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (ii) to the extent requested by any regulatory authority
purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (iii) to the extent required by applicable laws or regulations or by any subpoena or similar legal
process, (iv) to any other party hereto, (v) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of
rights hereunder or thereunder, (vi) subject to an agreement containing provisions substantially the same as those of this Section, to (A) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its
rights or obligations under this Agreement or (B) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrowers and their obligations, (vii) with the consent of GEO or
(viii) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Section or (B) becomes available to the Administrative Agent, any Issuing Lender or any Lender or any of their respective
Affiliates on a nonconfidential basis from a source other than GEO. 

  
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 For purposes of this Section, “Information” means all information received from
the Borrowers or any of their respective Subsidiaries relating to the Borrowers or any of their respective Subsidiaries or any of their respective businesses, other than any such information that is available to the Administrative Agent, any Issuing
Lender or any Lender on a nonconfidential basis prior to disclosure by the Borrowers or any of their respective Subsidiaries; provided that, in the case of information received from the Borrowers or any of their respective Subsidiaries after
the date hereof, such information is clearly identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation
to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

Section 9.13 USA PATRIOT Act. Each Lender hereby notifies the Borrowers
and the Australian Borrowers that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26,
2001))Patriot Act, such Lender may be required to obtain, verify and record information that identifies the Borrowers,
the Australian Borrowers and the Guarantors, which information includes the name and address of the Borrowers, the
Australian Borrowers and the Guarantors and other information that will allow such Lender to identify the Borrowers, the Australian Borrowers and the Guarantors in accordance
with said Patriot Act. Each Borrower and each Australian Borrower hereby agree to provide and verify any such required
information promptly following the written request therefor by the Administrative Agent or any Lender.  
 Section 9.14
Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan, together with all fees, charges and other amounts which are treated as interest on such Loan under applicable
law (collectively the “Charges”), shall exceed the maximum lawful rate (the “Maximum Rate”) which may be contracted for, charged, taken, received or reserved by the Lender holding such Loan in accordance with
applicable law, the rate of interest payable in respect of such Loan hereunder, together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been
payable in respect of such Loan but were not payable as a result of the operation of this Section 9.14 shall be cumulated and the interest and Charges payable to such Lender in respect of other Loans or periods shall be increased (but
not above the Maximum Rate therefor) until such cumulated amount, together with interest thereon at the Federal Funds Effective Rate for each day to the date of repayment, shall have been received by such Lender. 

Section 9.15 Judgment Currency. This is an international loan transaction in which the specification of Dollars or any Foreign
Currency, as the case may be (the “Specified Currency”), and payment in New York City or the country of the Specified Currency, as the case may be (the “Specified Place”), is of the essence, and the Specified
Currency shall be the currency of account in all events relating to Loans denominated in the Specified Currency. The payment obligations of the Borrowers and the Australian Borrowers
under this Agreement shall not be discharged or satisfied by an amount paid in another currency or in another place, whether pursuant to a judgment or otherwise, to the extent that the amount so paid on conversion to the Specified Currency and
transfer to the Specified Place under normal banking procedures does not yield the amount of the Specified Currency at the Specified Place due hereunder. If for the purpose of obtaining judgment in any court it is necessary to convert a sum due
hereunder in the Specified Currency into another currency (the “Second Currency”), the rate of exchange that shall be applied shall be the rate at which in accordance with normal banking procedures the Administrative Agent could
purchase the Specified Currency with the Second Currency on the Business Day next preceding the day on which such judgment is rendered. The obligation of the Borrowers and any Australian
Borrower in respect of any such sum due from them to the Administrative Agent or any Lender hereunder or under any other Loan Document (in this Section called an “Entitled Person”) shall, notwithstanding the
rate of exchange actually applied in rendering such judgment, be discharged only to the extent that on the Business Day following receipt by such Entitled Person of any sum adjudged to be due hereunder in the Second Currency such Entitled Person may
in accordance with normal banking procedures purchase and transfer to the Specified Place the Specified Currency with the amount of the Second Currency so adjudged to be 

  
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due; and the Borrowers and the Australian Borrowers hereby, as a separate obligation and notwithstanding any such judgment,
agree to indemnify such Entitled Person against, and to pay such Entitled Person on demand, in the Specified Currency, the amount (if any) by which the sum originally due to such Entitled Person in the Specified Currency hereunder exceeds the amount
of the Specified Currency so purchased and transferred. 
 Section 9.16 Effect of Amendment and Restatement. As of the Second
Restatement Effective Date, this Agreement shall amend, and restate as amended, the Existing Credit Agreement, but shall not constitute a novation thereof or in any way impair or otherwise affect the rights or obligations of the parties
thereunder (including with respect to Loans and Commitments and representations and warranties made thereunder) except as such rights or obligations are amended or modified hereby. The Existing Credit Agreement as amended and restated hereby shall
be deemed to be a continuing agreement among the parties, and all documents, instruments and agreements delivered pursuant to or in connection with the Existing Credit Agreement not amended and restated in connection with the entry of the parties
into this Agreement shall remain in full force and effect, each in accordance with its terms, as of the date of delivery or such other date as contemplated by such document, instrument or agreement to the same extent as if the modifications to the
Existing Credit Agreement contained herein were set forth in an amendment to the Existing Credit Agreement in a customary form, unless such document, instrument or agreement has otherwise been terminated or has expired in accordance with or pursuant
to the terms of this Agreement, the Existing Credit Agreement or such document, instrument or agreement or as otherwise agreed by the required parties hereto or thereto. 

Section 9.17 Special Waiver. As of the date hereof (and with effect immediately prior to the Second Restatement Effective
Date on the date hereof), the Lenders party hereto, which constitute the Required Lenders under (and as defined in) the Existing Credit Agreement, hereby consent to waive any Default or Event of Default directly or indirectly caused by (a) any
non-compliance by GEO Community Services, LLC (formerly known as Cornell Companies, LLC), a Delaware limited liability company and a wholly-owned Domestic Subsidiary of GEO, with Section 4.3 of the Collateral Agreement or Section 6.12 of
the Existing Credit Agreement, in each case solely with respect to such Subsidiary’s name change effected most recently prior to the date hereof, (b) any representation or warranty in or made pursuant to any Loan Document being incorrect
solely on account of such non-compliance or (c) any non-compliance by GEO with Section 5.02(a) of the Existing Credit Agreement solely on account of any matter or event described in the foregoing clauses (a) or (b). The waiver set
forth in this Section 9.17 shall be limited precisely as provided for herein and shall not be deemed to be a waiver of any right, power or remedy of any Lender or the Administrative Agent under, or a waiver of, consent to or modification
of any other term or provision of the Existing Credit Agreement, this Agreement or any other Loan Document referred to therein or herein or of any transaction or further or future action on the part of GEO or any of its Subsidiaries which would
require the consent of the Lenders or the Administrative Agent hereunder or under any other Loan Document. 

Section 9.18 Acknowledgement and Consent to Bail-In of EEA Financial
Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges
that any liability of any Lender that is an EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and
consents to, and acknowledges and agrees to be bound by: (a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may be payable to it by any Lender that is an
EEA Financial Institution; and (b) the effects of any Bail-in Action on any such liability, including, if applicable, (i) a reduction in full or in part or cancellation of any such liability, (ii) a

  
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conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its
parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of
any rights with respect to any such liability under this Agreement or any other Finance Document, or (iii) the variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of any EEA
Resolution Authority.  
 [Signature Pages to 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 above written. 
  

			
	THE GEO GROUP, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	GEO CORRECTIONS HOLDINGS, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	 BNP PARIBAS,
 individually, as
Lender, Swingline Lender, RCF LC Issuer, AUD LC Issuer and Administrative Agent

		
	By:	 	  

	Name:	 	  

	Title:	 	  

		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
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 [SCHEDULE, EXHIBITS TO BE CIRCULATED UNDER SEPARATE COVER]

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