Document:

Exhibit 4.3

 

Fourth SUPPLEMENTAL
INDENTURE

 

FOURTH SUPPLEMENTAL INDENTURE (this “Fourth
Supplemental Indenture”), dated as of October 5, 2020, among Spirit AeroSystems, Inc., a Delaware corporation (the “Company”),
Spirit AeroSystems Holdings, Inc., a Delaware corporation (“Holdings”), Spirit AeroSystems North Carolina, Inc.,
a North Carolina corporation and a subsidiary of the Company (“Spirit NC”, and together with Holdings, the “Guarantors”),
and The Bank of New York Mellon Trust Company, N.A., as trustee under the indenture referred to below (the “Trustee”).

 

RECITALS OF THE COMPANY AND THE GUARANTORS

 

WHEREAS, the Company, Holdings, certain
subsidiaries of the Company (the “Prior Guarantors”) and the Trustee entered into the Indenture, dated as of
June 1, 2016 (the “Original Indenture”), providing for the issuance of the Company’s 3.850% Senior Notes
due 2026 (the “Notes”);

 

WHEREAS, on or before December 5, 2016,
pursuant to and in accordance with Section 11.05 of the Indenture, the Prior Guarantors were automatically and unconditionally
released and discharged from their obligations under their Note Guarantees and in accordance with such Section, the Company, Holdings
the Prior Guarantors and the Trustee entered into a Supplemental Indenture, dated as of December 5, 2016 (the “First Supplemental
Indenture”), to evidence the release and discharge of the Prior Guarantors from their obligations under their Note Guarantees;

 

WHEREAS, the Company, Holdings and Spirit
NC are party to an Amended and Restated Credit Agreement, dated as of July 12, 2018 (as amended, modified, supplemented, increased,
extended, restated, renewed, refinanced or replaced from time to time, the “Existing Credit Agreement”) with
the lenders from time to time party thereto (the “Existing Lenders”), Bank of America, N.A., as administrative
agent and collateral agent (in such capacity, the “Existing Collateral Agent”), which established certain Credit
Facilities of the Company and pursuant to which the Lenders have agreed to make loans or issue letters of credit to the Company,
in each case upon the terms and subject to the conditions set forth therein;

 

WHEREAS, on February 24, 2020, pursuant
to a security and pledge agreement (the “Existing Security Agreement”), the Company and the Guarantors granted
to the Existing Collateral Agent on behalf of the Existing Lenders certain Liens (the “Existing Credit Agreement Liens”)
on certain assets of the Company and the Guarantors described in the Existing Security Agreement (the “Existing Credit
Agreement Collateral”) as security for the Credit Agreement Secured Indebtedness (as defined in the Second Supplemental
Indenture), and the Company and the Guarantors granted to the Existing Collateral Agent on behalf of the Holders of the Notes and
the Trustee liens on the same collateral as the Existing Credit Agreement Liens (the “Existing Notes Liens”)
as security for the obligations of the Company and the Guarantors under the Notes and the Indenture in accordance with Section
4.08 of the Indenture;

 

     

     

    

 

WHEREAS, on February 24, 2020, the Company,
Holdings, and Spirit NC entered a Second Supplemental Indenture (the “Second Supplemental Indenture”), to provide
for Spirit NC’s unconditional guarantee of all the Company’s obligations under the Notes pursuant to a guarantee on
the terms and conditions set forth therein and the granting of liens by the Company, Holdings and Spirit NC to secure the Notes
on an equal and ratable basis with the Credit Agreement Secured Indebtedness (as defined in the Second Supplemental Indenture);

 

WHEREAS, on April 17, 2020, the Company,
Holdings, and Spirit NC entered into a Third Supplemental Indenture (the “Third Supplemental Indenture”, and
together with the Original Indenture, the First Supplemental Indenture and the Second Supplemental Indenture, the “Indenture”),
to provide for the granting of liens by the Company, Holdings and Spirit NC to secure the Notes on an equal and ratable basis with
the Company’s 7.500% Senior Secured Second Lien Notes due 2025;

 

WHEREAS, on the date hereof, the Company
intends to prepay all of the outstanding loans and terminate all of the outstanding commitments under the Existing Credit Agreement,
and that, upon such prepayment and termination, the Existing Credit Agreement Liens will be released in full;

 

WHEREAS, the Indenture provides that any
Lien (as defined in the Indenture) created for the Holders of the notes in accordance with Section 4.08 of the Indenture shall
be unconditionally released and discharged upon the release and discharge of the Initial Lien;

 

WHEREAS, on the date hereof, the Company,
Holdings, and Spirit NC intend to enter into a Term Loan Credit Agreement (as amended, modified, supplemented, increased, extended,
restated, renewed, refinanced or replaced from time to time, the “Term Loan Credit Agreement”) with the lenders
from time to time party thereto (the “Lenders”), Bank of America, N.A., as administrative agent and collateral
agent (in such capacity, the “Term Loan Collateral Agent”), that will (i) establish certain Credit Facilities
of the Company, pursuant to which the Lenders have agreed to make loans to the Company, in each case upon the terms and subject
to the conditions set forth therein and (ii) provide for the Company and the Guarantors to grant a Lien on certain of their assets
to secure the Indebtedness of the Company and its Subsidiaries under the Term Loan Credit Agreement (the “Term Loan Secured
Indebtedness”).

 

WHEREAS, in connection with the grant of
security for the Term Loan Secured Indebtedness, Holdings desires to secure the Notes on an equal and ratable basis as the Term
Loan Secured Indebtedness solely to the extent required to do so under the Indenture;

 

WHEREAS, pursuant to a collateral
agreement to be dated on or about the date hereof (the “Term Loan Collateral Agreement”), the Company and
the Guarantors will grant to the Term Loan Collateral Agent on behalf of the Lenders certain Liens (collectively,
 “Term Loan Liens”) on certain assets of the Company and the Guarantors described in the Term Loan Security
Agreement (the “Term Loan Collateral”) as security for the Term Loan Secured Indebtedness, and the Company
and the Guarantors will also grant to the Term Loan Collateral Agent on behalf of the Holders of the Notes and the Trustee
(together with the other holders of Secured Obligations (as such term is defined in the Term Loan Collateral Agreement), the
 “Term Loan Secured Parties”) liens on the same collateral as the Term Loan Liens (the “Term Loan
Notes Liens”) as security for the obligations of the Company and the Guarantors under the Notes and the Indenture
in accordance with Section 4.08 of the Indenture;

 

    2

     

    

 

WHEREAS, on the date hereof, pursuant to
an indenture, by and among the Company, the Guarantors and The Bank of New York Mellon Trust Company, N.A., as trustee and collateral
agent (in such capacity, the “New Notes Collateral Agent”), the Company intends to issue new senior secured
notes (the “New Notes”) that will be secured on a first-priority basis by Liens on certain assets of the Company
and the Guarantors;

 

WHEREAS, in connection with the grant of
security for the obligations under the New Notes (the “New Notes Obligations”), Holdings desires to secure the
Notes on an equal and ratable basis as the New Notes solely to the extent required to do so under the Indenture;

 

WHEREAS, pursuant to a security and pledge
agreement dated on the date hereof (the “New Notes Security Agreement”), the Company and the Guarantors will
grant to the New Notes Collateral Agent on behalf of the holders of the New Notes certain Liens (collectively, “New Notes
Liens”) on certain assets of the Company and the Guarantors described in the New Notes Security Agreement (the “New
Notes Collateral”) as security for the New Notes Obligations, and the Company and the Guarantors will also grant to the
New Notes Collateral Agent on behalf of the Holders of the Notes and the Trustee (together with the other holders of Secured Obligations
(as such term is defined in the New Notes Security Agreement), the “New Notes Secured Parties”) liens on the
same collateral as the New Notes Liens (the “First Lien Notes Liens”) as security for the obligations of the
Company and the Guarantors under the Notes and the Indenture in accordance with Section 4.08 of the Indenture;

 

WHEREAS, Section 9.01(h) of the Indenture
provides that the Company and the Trustee are authorized to execute and deliver indentures supplemental to the Indenture without
the consent of any Holders to, among other things, secure the Notes; and

 

WHEREAS, the Company hereby requests that
the Trustee join in the execution and delivery of this Fourth Supplemental Indenture.

 

NOW THEREFORE, in consideration of the foregoing
and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Guarantors and the
Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows:

 

1.                 
DEFINITIONS IN FOURTH SUPPLEMENTAL INDENTURE. All terms contained in this Fourth Supplemental Indenture that are defined
in the Indenture and not defined herein shall, for all purposes hereof, have the meanings given to such terms in the Indenture,
unless the context otherwise specifies or requires.

 

2.                 
ACKNOWLEDGMENT OF RELASE OF LIENS. The Trustee hereby acknowledges the full and unconditional release of the Existing Notes
Liens on the Existing Credit Agreement Collateral pursuant to Section 4.08(b) of the Indenture upon the full and unconditional
release of the Existing Credit Agreement Liens granted under the Existing Security Agreement.

 

    3

     

    

 

3.                 
 ACKNOWLEDGMENT OF LIENS. The Trustee hereby acknowledges:

 

(a)              
 the granting of the Term Loan Notes Liens on the Term Loan Collateral to the Term Loan Collateral Agent, for the
benefit of the Trustee and the Holders pursuant to the Term Loan Collateral Agreement, to secure the payment of principal and interest
and all other amounts due and owing pursuant to the terms of the Notes and the Indenture on an equal and ratable basis with the
Term Loan Secured Indebtedness and, in connection herewith, the Trustee hereby acknowledges on behalf of the Holders the execution
and delivery of the Term Loan Collateral Agreement pursuant to which such Term Loan Notes Liens on the Term Loan Collateral shall
be granted to the Term Loan Collateral Agent, for the benefit of the Holders of the Notes, the Trustee and the other Secured Parties,
on the terms and subject to the limitations set forth therein, including provisions related to the release of Term Loan Collateral
and the exercise of remedies; and

 

(b)              
the granting of the First Lien Notes Liens on the New Notes Collateral to the New Notes Collateral Agent, for the
benefit of the Trustee and the Holders pursuant to the New Notes Security Agreement, to secure the payment of principal and interest
and all other amounts due and owing pursuant to the terms of the Notes and the Indenture on an equal and ratable basis with the
New Notes Obligations and, in connection herewith, the Trustee hereby acknowledges on behalf of the Holders the execution and delivery
of the New Notes Security Agreement pursuant to which such First Lien Notes Liens on the New Notes Collateral shall be granted
to the New Notes Collateral Agent, for the benefit of the Holders of the Notes, the Trustee and the other Secured Parties, on the
terms and subject to the limitations set forth therein, including provisions related to the release of New Notes Collateral and
the exercise of remedies.

 

Amounts received by the Trustee pursuant
to clause (ii) of Section 9 of the Term Loan Collateral Agreement or clause (ii) of Section 9 of the New Notes Security Agreement,
as applicable, shall be applied by the Trustee pursuant to Section 6.10 of the Indenture.

 

4.                 
EFFECTIVENESS OF THIS SUPPLEMENTAL INDENTURE. This Fourth Supplemental Indenture shall become effective upon execution hereof
by the Company, Holdings, Spirit NC and the Trustee.

 

5.                 
CONSENT. The Company hereby consents to the granting of the Term Loan Notes Liens on the Term Loan Collateral and the First
Lien Notes Liens on the New Notes Collateral, each for the benefit of the Holders of the Notes and the Trustee to secure the payment
of principal and interest and all other amounts due and owing pursuant to the terms of the Notes on an equal and ratable basis
with the Term Loan Secured Indebtedness or the New Notes Obligations, as applicable, as described in Section 3 above and in the
Term Loan Collateral Agreement or the New Notes Security Agreement, as applicable.

 

6.                  RATIFICATION
OF INDENTURE; SUPPLEMENTAL INDENTURES PART OF INDENTURE. Except as expressly amended hereby, the Indenture is in all respects
ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This
Fourth Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Notes heretofore or
hereafter authenticated and delivered shall be bound hereby.

 

    4

     

    

 

7.                 
GOVERNING LAW. THIS FOURTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE
STATE OF NEW YORK.

 

8.                 
TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency
of this Fourth Supplemental Indenture or the recitals contained herein, all of which recitals are made solely by the Company and
the Guarantors. All of the provisions contained in the Indenture in respect of the rights, privileges, protections, immunities,
powers and duties of the Trustee shall be applicable in respect of this Fourth Supplemental Indenture as fully and with like force
and effect as though fully set forth in full herein.

 

9.                 
COUNTERPARTS. This Fourth Supplemental 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. The exchange of copies of this Fourth
Supplemental Indenture and of signature pages that are executed by manual signatures that are scanned, photocopied or faxed or
by other electronic signing created on an electronic platform (such as DocuSign) or by digital signing (such as Adobe Sign) that
is approved by the Trustee, shall constitute effective execution and delivery of this Fourth Supplemental Indenture for all purposes.
Signatures of the parties hereto that are executed by manual signatures that are scanned, photocopied or faxed or by other electronic
signing created on an electronic platform (such as DocuSign) or by digital signing (such as Adobe Sign) that is approved by the
Trustee, shall be deemed to be their original signatures for all purposes of this Fourth Supplemental Indenture as to the parties
hereto and may be used in lieu of the original.

 

Anything in the Indenture, the Notes or
this Fourth Supplemental Indenture to the contrary notwithstanding, for the purposes of the transactions contemplated by this Fourth
Supplemental Indenture, the Notes and any document to be signed in connection with the Base Indenture, this Fourth Supplemental
Indenture or the Notes (including amendments, waivers, consents and other modifications, Officer’s Certificates and Opinions
of Counsel and other related documents) or the transactions contemplated hereby may be signed by manual signatures that are scanned,
photocopied or faxed or other electronic signatures created on an electronic platform (such as DocuSign) or by digital signature
(such as Adobe Sign) that is approved by the Trustee, and contract formations on electronic platforms approved by the Trustee,
and the keeping of records in electronic form, are hereby authorized, and each shall be of the same legal effect, validity or enforceability
as a manually executed signature in ink or the use of a paper-based recordkeeping system, as the case may be.

 

10.             
EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction thereof.

 

[Signature Page Follows]

 

    5

     

    

 

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

 

	 	SPIRIT AEROSYSTEMS, INC.,
	 	 
	 	 	 
	 	By:	/s/ Rhonda Harkins
	 	 	Name: Rhonda Harkins
	 	 	Title:   Treasurer

 

	 	SPIRIT AEROSYSTEMS HOLDINGS, INC.
	 	 	 
	 	 	 
	 	By:	/s/ Rhonda Harkins
	 	 	Name: Rhonda Harkins
	 	 	Title:   Treasurer

 

	 	SPIRIT AEROSYSTEMS NORTH CAROLINA, INC.
	 	 	 
	 	 	 
	 	By:	/s/ Rhonda Harkins
	 	 	Name: Rhonda Harkins
	 	 	Title:   Treasurer

 

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

 

[Signature page to Fourth Supplemental Indenture]Exhibit 10.1

 

EXECUTION VERSION

 

 

PUBLISHED DEAL CUSIP: 84857HAV2

PUBLISHED TERM B FACILITY CUSIP: 84857HAW0

 

TERM LOAN
CREDIT AGREEMENT

 

dated as of October 5, 2020

 

among

 

SPIRIT AEROSYSTEMS, INC.,

 

as Borrower,

 

THE LENDERS PARTY HERETO,

 

BANK
OF AMERICA, N.A.,

as Administrative Agent and Collateral Agent,

 

BANK OF AMERICA, N.A., GOLDMAN SACHS BANK
USA, MORGAN STANLEY SENIOR FUNDING, INC. AND CITIGROUP GLOBAL MARKETS INC.,

as Joint Lead Arrangers and Joint Bookrunners,

 

 

     

     

    

 

TABLE OF CONTENTS

 

 

	 	 	Page
	Article I
	 
	 Definitions
	 
	Section 1.01	Defined Terms	1
	Section 1.02 	Terms Generally; GAAP	69
	Section 1.03	Effectuation of Transactions	70
	Section 1.04	Timing of Payment or Performance	70
	Section 1.05	Times of Day	70
	Section 1.06	Classification of Loans and Borrowings	71
	Section 1.07	[Reserved]	71
	Section 1.08	Exchange Rates; Currency Equivalents; Basket Calculations	71
	 	 	 
	Article II
	 
	The Credits
	 
	Section 2.01	Commitments	71
	Section 2.02	Term Loans and Borrowings	72
	Section 2.03	Requests for Borrowings	72
	Section 2.04	[Reserved]	73
	Section 2.05	[Reserved]	73
	Section 2.06	Funding of Borrowings	73
	Section 2.07	Interest Elections	74
	Section 2.08	Termination and Reduction of Commitments	75
	Section 2.09	Repayment of Term Loans; Evidence of Debt	76
	Section 2.10	Repayment of Term Loans	76
	Section 2.11	Prepayment of Term Loans	78
	Section 2.12	Fees	79
	Section 2.13	Interest	79
	Section 2.14	Inability to Determine Rates	80
	Section 2.15	Increased Costs	82
	Section 2.16	Break Funding Payments	84
	Section 2.17	Taxes	84
	Section 2.18	Payments Generally; Pro Rata Treatment; Sharing of Set-offs	88
	Section 2.19	Mitigation Obligations; Replacement of Lenders	91
	Section 2.20	Illegality	92
	Section 2.21	Incremental Term Loan Commitments	93
	Section 2.22	Extensions of Term Loans and Commitments	95
	Section 2.23	Refinancing Amendments	97

 

    i

     

    

 

	Article III
	 
	Representations and Warranties
	 
	Section 3.01	Organization; Powers	99
	Section 3.02	Authorization	99
	Section 3.03	Enforceability	100
	Section 3.04	Governmental Approvals	100
	Section 3.05	Financial Statements	100
	Section 3.06	No Material Adverse Effect	100
	Section 3.07	Title to Properties; Possession Under Leases; Flood Documentation	101
	Section 3.08	Subsidiaries	101
	Section 3.09	Litigation; Compliance with Law	101
	Section 3.10	Federal Reserve Regulations	102
	Section 3.11	Investment Company Act	102
	Section 3.12	Use of Proceeds	102
	Section 3.13	Tax	102
	Section 3.14	No Material Misstatements	102
	Section 3.15	Employee Benefit Plans	103
	Section 3.16	Environmental Matters	103
	Section 3.17	Security Documents	104
	Section 3.18	Solvency	105
	Section 3.19	Labor Matters	105
	Section 3.20	Insurance	105
	Section 3.21	Intellectual Property; Licenses, Etc.	106
	Section 3.22	USA PATRIOT Act	106
	Section 3.23	Anti-Corruption Laws and Sanctions	106
	Section 3.24	EEA Financial Institutions	106
	Section 3.25	Beneficial Ownership Certificate	106
	 	 	 
	Article IV
	 
	Conditions of Lending
	 
	Section 4.01	Closing Date	107
	Section 4.02	Subsequent Credit Events	109
	 	 	 
	Article V
	 
	Affirmative Covenants
	 
	Section 5.01	Existence; Business and Properties	110
	Section 5.02	Insurance	110
	Section 5.03	Taxes	112
	Section 5.04	Financial Statements, Reports, Etc.	112
	Section 5.05	Litigation and Other Notices	114
	Section 5.06	Compliance with Laws	114

 

    ii

     

    

 

	Section 5.07	Maintaining Records; Access to Properties and Inspections	114
	Section 5.08	Use of Proceeds	115
	Section 5.09	Compliance with Environmental Laws	115
	Section 5.10	Further Assurances; Additional Guarantors; Additional Security	115
	Section 5.11	Restricted and Unrestricted Subsidiaries	119
	Section 5.12	Post-Closing	119
	Section 5.13	Maintenance of Ratings	119
	 	 	 
	Article VI
	 
	Negative Covenants
	 
	Section 6.01	Indebtedness	120
	Section 6.02	Liens	126
	Section 6.03	[Reserved]	132
	Section 6.04	Investments, Loans and Advances	132
	Section 6.05	Mergers, Consolidations, Sales of Assets and Acquisitions	136
	Section 6.06	Restricted Payments	141
	Section 6.07	Transactions with Affiliates	143
	Section 6.08	Business of Parent and the Subsidiaries; Etc.	146
	Section 6.09	Restrictions on Subsidiary Distributions and Negative Pledge Clauses	146
	Section 6.10	Fiscal Quarter and/or Fiscal Year	149
	 	 	 
	Article VII
	 
	Events of Default
	 
	Section 7.01	Events of Default	149
	 	 	 
	Article VIII
	 
	 The Agents
	 
	Section 8.01	Appointment and Authority	153
	Section 8.02	Rights as a Lender	154
	Section 8.03	Exculpatory Provisions	154
	Section 8.04	Reliance by the Administrative Agent and Collateral Agent	155
	Section 8.05	Delegation of Duties	156
	Section 8.06	Resignation of an Agent	156
	Section 8.07	Non-Reliance on Administrative Agent, Collateral Agent and Other Lenders	157
	Section 8.08	No Other Duties, Etc.	158
	Section 8.09	Administrative Agent May File Proofs of Claim; Credit Bidding	158
	Section 8.10	Collateral and Guarantee Matters	160
	Section 8.11	Certain ERISA Matters	161
	Section 8.12	Withholding Tax	162

 

    iii

     

    

 

	Article IX
	 
	Miscellaneous
	 
	Section 9.01	Notices; Communications	162
	Section 9.02	Survival of Agreement	164
	Section 9.03	Binding Effect	164
	Section 9.04	Successors and Assigns	165
	Section 9.05	Expenses; Indemnity	172
	Section 9.06	Right of Set-off	174
	Section 9.07	Applicable Law	174
	Section 9.08	Waivers; Amendment	175
	Section 9.09	Interest Rate Limitation	178
	Section 9.10	Entire Agreement	178
	Section 9.11	WAIVER OF JURY TRIAL	178
	Section 9.12	Severability	179
	Section 9.13	Counterparts; Electronic Execution	179
	Section 9.14	Headings.	180
	Section 9.15	Jurisdiction; Consent to Service of Process	180
	Section 9.16	Confidentiality	181
	Section 9.17	Platform; Borrower Materials	181
	Section 9.18	Release of Liens and Guarantees	182
	Section 9.19	USA PATRIOT Act Notice	184
	Section 9.20	Acknowledgement and Consent to Bail-In of EEA Financial Institutions	185
	Section 9.21	Judgment Currency	185
	Section 9.22	Distributable Reserves	186
	Section 9.23	No Advisory or Fiduciary Responsibility	186
	Section 9.24	Acknowledgment Regarding Any Supported QFCs	187

 

Exhibits and Schedules

 

	Exhibit A	Form of Assignment and Acceptance
	Exhibit B	[Reserved]
	Exhibit C	Form of Solvency Certificate
	Exhibit D	Form of Borrowing Request
	Exhibit E	Form of Interest Election Request
	Exhibit F	Form of Promissory Note
	Exhibit G	[Reserved]
	Exhibit H-1	U.S. Tax Certificate (For Non-U.S. Lenders that are not Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit H-2	U.S. Tax Certificate (For Non-U.S. Lenders that are Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit H-3	U.S. Tax Certificate (For Non-U.S. Participants that are not Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit H-4	U.S. Tax Certificate (For Non-U.S. Participants that are Partnerships for U.S. Federal Income Tax Purposes)

 

    iv

     

    

 

	Exhibit I	Form of Collateral Agreement
	Exhibit J	Form of Guarantee Agreement
	Exhibit K	[Reserved]
	Exhibit L	Equal Priority Intercreditor Agreement
	Exhibit M	Auction Procedures
	Exhibit N	Form of Administrative Questionnaire
	Exhibit O	Notice of Loan Prepayment
	 	 
	Schedule 1.01(B)	Mortgaged Property
	Schedule 2.01	Commitments
	Schedule 3.04	Governmental Approvals
	Schedule 3.05	Financial Statements
	Schedule 3.08(a)	Subsidiaries
	Schedule 3.08(b)	Subscriptions
	Schedule 3.16	Environmental Matters
	Schedule 3.20	Insurance
	Schedule 3.21	Intellectual Property
	Schedule 5.12	Post-Closing Items
	Schedule 6.01	Indebtedness
	Schedule 6.02(a)	Liens
	Schedule 6.04	Investments
	Schedule 6.07	Transactions with Affiliates
	Schedule 9.01	Notice Information

 

    v

     

    

 

 

 

TERM LOAN CREDIT AGREEMENT dated as of October
5, 2020 (this “Agreement”), among Spirit AeroSystems, Inc., a Delaware corporation (the “Borrower”),
Bank of America, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”) and Collateral
Agent, and each Lender (as defined below) party hereto from time to time.

 

WHEREAS, the Borrower has requested that
the Lenders extend credit as set forth herein;

 

NOW, THEREFORE, the Lenders are willing
to extend such credit to the Borrower on the terms and subject to the conditions set forth herein.

 

Accordingly, the parties hereto agree as
follows:

 

Article
I

Definitions

 

Section 1.01       
Defined Terms. As used in this Agreement, the following terms shall have the meanings specified below:

 

“2021 Notes” means those
certain Senior Floating Rate Notes issued by the Borrower described in clause (a) of the definition of “Senior Notes”
below.

 

“2025 Notes” means those
certain 7.500% Senior Secured Second Lien Notes due 2025 in an aggregate original principal amount of $1,200,000,000 issued by
the Borrower pursuant to that certain Indenture, dated as of April 17, 2020, by and among the Borrower, as issuer, the guarantors
party thereto, and The Bank of New York Mellon Trust Company, N.A. (or any successor thereto), in its capacity as trustee and collateral
agent (as amended, restated, amended and restated, supplemented and/or otherwise modified in writing from time to time).

 

“2026 Noteholders” means,
collectively, as of any date of determination: (a) each person that is a registered holder of the 2026 Notes as of such date; and
(b) the 2026 Notes Trustee.

 

“2026 Notes” means those
certain 3.850% Senior Notes due 2026, issued by the Borrower pursuant to the 2026 Notes Indenture, in an aggregate original principal
amount of $300,000,000.

 

“2026 Notes Indenture”
means that certain Indenture, dated as of June 1, 2016, by and among the Borrower, as issuer, the guarantors party thereto, and
the 2026 Notes Trustee (as amended, restated, amended and restated, supplemented and/or otherwise modified in writing from time
to time).

 

“2026 Notes Trustee”
means The Bank of New York Mellon Trust Company, N.A. (or any successor thereto), in its capacity as trustee for the 2026 Notes.

 

“Additional Mortgage”
shall have the meaning assigned that term in Section 5.10(c).

 

    1

     

    

 

“Additional Obligations”
means all Obligations referred to in clauses (b) through (e) of the definition of “Obligations.”

 

“Adjusted Consolidated EBITDA”
shall mean, with respect to Parent and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of
Parent and the Subsidiaries for such period plus

 

(a)              
the sum of, without duplication, in each case, to the extent deducted in or otherwise reducing Consolidated Net Income
for such period (other than in the case of clauses (xvi) and (xvii) below):

 

(i)                
provision for Taxes based on income, profits or capital (including state franchise Taxes and similar Taxes in the
nature of income tax) of Parent and the Subsidiaries for such period, and foreign withholding Taxes; plus

 

(ii)             
Fixed Charges of Parent and the Subsidiaries for such period, to the extent that such Fixed Charges were deducted
in computing such Consolidated Net Income; plus

 

(iii)           
the consolidated depreciation and amortization expense of Parent and its Subsidiaries for such period (including
amortization of intangibles, deferred financing fees, debt issuance costs, commissions, fees and expenses), to the extent such
expenses were deducted in computing such Consolidated Net Income; plus

 

(iv)            
any other consolidated non-cash charges and expenses of Parent and its Subsidiaries for such period, to the extent
that such consolidated non-cash charges or expenses were included in computing such Consolidated Net Income; provided that if any
such non-cash charge or expense represents an accrual or reserve for anticipated cash charges or expenses in future period, the
cash payment in respect thereof in such future period shall be subtracted from Adjusted Consolidated EBITDA to such extent, and
excluding amortization of a prepaid cash item that was paid in a prior period; plus

 

(v)              
any losses from foreign currency transactions (including losses related to currency remeasurements of Indebtedness)
of Parent and its Subsidiaries for such period, to the extent that such losses were taken into account in computing such Consolidated
Net Income; plus

 

(vi)            
losses in respect of post-retirement benefits of Parent and its Subsidiaries, as a result of the application of ASC
715, Compensation-Retirement Benefits, to the extent that such losses were deducted in computing such Consolidated Net Income;
plus

 

(vii)         
any proceeds from business interruption insurance received by Parent or its Subsidiaries during such period; plus

 

(viii)       
any fees and expenses related to a Qualified Securitization Transaction or a Qualified Receivables Facility, as applicable,
to the extent such fees and expenses are included in computing Consolidated Net Income; plus

 

    2

     

    

 

(ix)            
 earn-out obligation expense incurred in connection with any acquisition or other Investment (including any acquisition
or other investment consummated prior to the Closing Date) and paid or accrued during the applicable period; plus

 

(x)              
losses attributable to, and payments of, legal settlements, fines, judgments or orders; plus

 

(xi)            
non-controlling or minority interest expense consisting of income attributable to third parties in respect of their
Equity Interests in non-wholly owned Subsidiaries; plus

 

(xii)         
Parent and its Subsidiaries’ pro rata share, whether direct or indirect, of any dividends or distributions
declared but not paid during such period by any joint venture entity in which Parent or any of its Subsidiaries has a direct or
indirect interest (“Declared Dividends”); plus

 

(xiii)       
the amount of loss on sales of Securitization Assets to a Securitization Entity in connection with a Qualified Securitization
Transaction or Receivables Assets in connection with a Qualified Receivables Facility, as applicable, to the extent included in
computing Consolidated Net Income; plus

 

(xiv)        
any losses, charges or expenses related to any issuance of Equity Interests, any acquisition, investment, Asset Sale,
or the incurrence or repayment of Indebtedness, including refinancing thereof (in each case, to the extent permitted hereunder
and whether or not consummated); plus

 

(xv)          
unusual, infrequent or non-recurring losses, charges or expenses; plus

 

(xvi)        
restructuring and business optimization losses, charges, expenses, accruals or reserves, including any system implementation
costs, costs related to the closure, relocation, reconfiguration and/or consolidation of facilities, and costs to relocate employees,
retention charges, severance, contract termination costs, transition and other duplicative running costs; provided, that, all amounts
added back to “Adjusted Consolidated EBITDA” pursuant to this clause (a)(xvi) shall not exceed $150,000,000 for any
period; plus

 

(xvii)     
“run-rate” cost savings in connection with a Permitted Acquisition, Investment permitted hereunder, Asset
Sale permitted hereunder, or other cost-saving initiative projected by the Borrower in good faith to result from specified actions
taken, committed to be taken, or expected in good faith to be taken, no later than eighteen (18) months after the end of such period,
calculated on a Pro Forma Basis after giving effect thereto (it is understood and agreed that “run-rate” means the
full recurring benefit for a period that is associated with any action taken, or expected to be taken, in each case, net of the
amount of actual benefits realized during such period from such actions to the extent already included in Consolidated Net Income
for such period); provided that (A) such cost savings are reasonably identifiable and factually supportable and (B) all
amounts added back to “Adjusted Consolidated EBITDA” pursuant to this clause (a)(xvii) shall not exceed $100,000,000
for any period; plus

 

    3

     

    

 

(xviii)   
 forward loss charges in accordance with GAAP, in an aggregate amount not to exceed $500,000,000 during the term
of this Agreement; minus

 

(b)              
the sum of, without duplication, in each case, to the extent added back in or otherwise increasing Consolidated Net
Income for such period:

 

(i)                
the amount of any gain in respect of post-retirement benefits as a result of the application of ASC 715, to the extent
such gains were taken into account in computing such Consolidated Net Income; plus

 

(ii)             
any gains from foreign currency transactions (including gains related to currency remeasurements of Indebtedness)
of Parent and its Subsidiaries for such period, to the extent that such gains were taken into account in computing such Consolidated
Net Income; plus

 

(iii)           
non-cash gains increasing such Consolidated Net Income for such period, other than accruals in the ordinary course
of business and other than reversals of an accrual or reserve for a potential cash item that reduced Adjusted Consolidated EBITDA
in any prior period; plus

 

(iv)            
on the last day of each fiscal year of Parent, the amount of Parent and its Subsidiaries’ pro rata share of
Declared Dividends during such fiscal year that have not actually been received by Parent and its Subsidiaries, directly or indirectly,
as of such date;

 

in each case, on a consolidated basis and determined in accordance
with GAAP.

 

Notwithstanding the preceding, the provision
for Taxes based on the income or profits of, the Fixed Charges of, the depreciation and amortization and other non-cash expenses
or non-cash items of and the restructuring charges or expenses of, a Subsidiary (other than any Wholly Owned Subsidiary) of Parent
will be added to (or subtracted from, in the case of non-cash items described in clause (b) above) Consolidated Net Income to compute
Adjusted Consolidated EBITDA, (A) in the same proportion that the Net Income of such Subsidiary was added to compute such Consolidated
Net Income of Parent, and (B) only to the extent that a corresponding amount of the Net Income of such Subsidiary would be permitted
at the date of determination to be dividended or distributed to Parent by such Subsidiary without prior governmental approval (that
has not been obtained), and without direct or indirect restriction pursuant to the terms of its charter and all agreements, instruments,
judgments, decrees, orders, statutes, rules and governmental regulations applicable to that Subsidiary or its stockholders or shareholders.

 

“Administrative Agent”
shall have the meaning assigned to such term in the introductory paragraph of this Agreement, together with its successors and
assigns.

 

“Administrative Agent Fee Letter”
shall mean that certain Administrative Agent Fee Letter, dated as of September 21, 2020, by and between the Borrower and the Administrative
Agent.

 

    4

     

    

 

“Administrative Questionnaire”
shall mean an Administrative Questionnaire substantially in the form of Exhibit N or any other form approved by the Administrative
Agent.

 

“Advance Payment” means
an advance payment, progress payment, or similar payment made to Parent or any Subsidiary (or any such payment made to any joint
venture in which Parent or any Subsidiary is a participant where all, or a portion, of such payment is passed on or paid by the
joint venture to Parent or any Subsidiary) in connection with a program under a commercial or government (including defense) contract
with a customer in contemplation of the future performance of services, receipt of goods, incurrence of expenditures, or for other
property to be provided by Parent or any Subsidiary where the amount of such payment is either applied to offset a portion of the
purchase price for, or otherwise repaid in installments based on, future shipset (or similar unit) deliveries, the provision of
services, goods or other property to the relevant customer (or through such joint venture) or incurrence of expenditures, generally
over a fixed number or amount of shipsets (or similar units), services, goods or other property, or incurrence of expenditures.

 

“Affiliate” shall mean,
when used with respect to a specified person, another person that directly, or indirectly through one or more intermediaries, Controls
or is Controlled by or is under common Control with the person specified.

 

“Agents” shall mean the
Administrative Agent and the Collateral Agent.

 

“Agreement” shall have
the meaning assigned to such term in the introductory paragraph of this Agreement, as may be amended, restated, amended and
restated, supplemented or otherwise modified from time to time.

 

“Agreement Currency”
shall have the meaning assigned to such term in Section 9.21.

 

“Anti-Corruption Laws”
shall mean all laws, rules, and regulations of any jurisdiction applicable to Parent or any of its Subsidiaries from time to time
concerning or relating to bribery or corruption, including, but not limited to the United States Foreign Corrupt Practices Act
of 1977.

 

“Applicable Date” shall
have the meaning assigned to such term in Section 9.08(f).

 

“Applicable Margin” shall
mean a percentage per annum based on the First Lien Secured Gross Leverage Ratio pursuant to the following grid:

 

	Level	First Lien Secured Gross Leverage

 Ratio	Applicable Margin 

for Eurodollar Rate 

Loans	Applicable Margin 

for Base Rate Loans
	I	Less than 2.50 to 1.00	5.00%	4.00%
	II	Greater than or equal to 2.50 to 1.00	5.25%	4.25%

 

    5

     

    

 

For purposes of determining the Applicable
Margin:

 

(a)              
 The Applicable Margin shall be set at Level II from the Closing Date until the date the certificate for the fiscal
quarter ending March 31, 2022 is delivered under Section 5.04(c).

 

(b)              
The Applicable Margin shall be recomputed as of the end of each fiscal quarter, commencing with the fiscal quarter
ending March 31, 2022, based on the First Lien Secured Gross Leverage Ratio as of such quarter end. Any increase or decrease in
the Applicable Margin computed as of a quarter end shall be effective on the date on which the certificate evidencing such computation
is delivered under Section 5.04(c). If a certificate is not delivered when due in accordance with such Section 5.04(c),
then upon the request of the Required Lenders the rates in Level II shall apply as of the date on which such certificate was required
to have been delivered and shall remain in effect until the date on which such certificate is delivered.

 

(c)              
If as a result of any restatement or other adjustment to the financial statements of Parent (i) the First Lien Secured
Gross Leverage Ratio as calculated by the Borrower as of any applicable date was inaccurate and (ii) a proper calculation of the
First Lien Secured Gross Leverage Ratio would have resulted in higher pricing for such period, the Borrower shall immediately and
retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders, promptly on demand by
the Administrative Agent, 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. The Borrower’s obligations under this paragraph
shall survive the termination of this Agreement and the repayment of the Obligations hereunder.

 

Notwithstanding the foregoing, the Applicable
Margin with respect to any Other Term Loan shall be the “Applicable Margin” as set forth in the Incremental Assumption
Agreement, Extension Amendment or Refinancing Amendment (as applicable) relating thereto.

 

“Approved Fund” shall
have the meaning assigned to such term in Section 9.04(b)(ii).

 

“Arrangers” shall mean
the Joint Lead Arrangers.

 

“Asset Sale” shall mean
(x) any Disposition (including any sale and lease-back of assets and any mortgage or lease of Real Property) to any person of,
any asset or assets of Parent or any Subsidiary and (y) any sale of any Equity Interests by any Subsidiary to a person other than
Parent or a Subsidiary.

 

“Assignee” shall have
the meaning assigned to such term in Section 9.04(b)(i).

 

“Assignment and Acceptance”
shall mean an assignment and acceptance entered into by a Lender and an Assignee, and accepted by the Administrative Agent and
the Borrower (if required by Section 9.04), substantially in the form of Exhibit A or such other form as
shall be approved by the Administrative Agent and reasonably satisfactory to the Borrower.

 

“Attributable Receivables
Indebtedness” shall mean the principal amount of Indebtedness (other than any Indebtedness subordinated in right of
payment owing by a Receivables Entity to a Receivables Seller or a Receivables Seller to another Receivables Seller in
connection with the transfer, sale and/or pledge of Permitted Receivables Facility Assets) which (i) if a Qualified
Receivables Facility is structured as a secured lending agreement or other similar agreement, constitutes the principal
amount of such Indebtedness or (ii) if a Qualified Receivables Facility is structured as a purchase agreement or other
similar agreement, would be outstanding at such time under such Qualified Receivables Facility if the same were structured as
a secured lending agreement rather than a purchase agreement or such other similar agreement.

 

    6

     

    

 

“Auction” shall have
the meaning assigned to such term in Section 9.04(g)(i).

 

“Auction Assignment and Acceptance”
shall have the meaning specified in Exhibit M.

 

“Auction Manager” shall
mean (a) either the Administrative Agent or any of its respective Affiliates or (b) any other financial institution or advisor
as agreed to by the Borrower and the Administrative Agent (whether or not an Affiliate of the Administrative Agent) to act as an
arranger in connection with any repurchases pursuant to Section 9.04(g).

 

“Auction Procedures”
shall have the meaning specified in Exhibit M.

 

“Available Amount” shall
mean, as at any time of determination, an amount, not less than zero in the aggregate, determined on a cumulative basis, equal
to, without duplication:

 

(a)              
$100,000,000, plus

 

(b)       50%
of cumulative Consolidated Net Income of Parent since January 1, 2021, plus

 

(b)              
the cumulative amounts of all mandatory prepayments declined by Term Lenders, plus

 

(c)              
the Cumulative Qualified Equity Proceeds Amount on such date of determination, minus

 

(d)              
the cumulative amount of Investments made with the Available Amount from and after the Closing Date and on or prior
to such time (net of any return on such Investments not otherwise included in the Cumulative Qualified Equity Proceeds Amount),
minus

 

(e)              
the cumulative amount of Restricted Payments made with the Available Amount from and after the Closing Date and on
or prior to such time.

 

“Bail-In Action” shall
mean 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.

 

“Bail-In Legislation”
shall mean, 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 of America” shall
mean Bank of America, N.A. and its successors.

 

    7

     

    

 

“Bankruptcy Code” shall
mean Title 11 of the United States Code entitled “Bankruptcy,” as now or hereafter in effect, and any successor thereto.

 

“Base Rate” shall mean
for any day a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 1/2 of 1%, (b) the rate
of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate”,
(c) the Eurodollar Rate plus 1.00% and (d) 1.75%. The “prime rate” is a rate set by Bank of America based upon various
factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used
as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such prime
rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement
of such change. If the Base Rate is being used as an alternate rate of interest pursuant to Section 2.14 hereof, then
the Base Rate shall be the greater of clauses (a), (b) and (d) above and shall be determined without reference to clause (c) above.

 

“Base Rate Borrowing”
shall mean a Borrowing comprised of Base Rate Loans.

 

“Base Rate Loan” shall
mean a Term Loan that bears interest based on the Base Rate.

 

“BEIS Agreement” shall
mean the Agreement in relation to Repayable Investment in respect of the “Bombardier” CSeries Aircraft dated 23 April
2009 as amended on 13 July 2009 and as subsequently amended and restated on the closing date of the Impending Acquisition among
the Secretary of State for Business, Energy and Industrial Strategy, Short Brothers plc, and the Borrower.

 

“Beneficial Ownership Certification”
shall mean a certification regarding beneficial ownership required by the Beneficial Ownership Regulation.

 

“Beneficial Ownership Regulation”
shall mean 31 C.F.R. § 1010.230.

 

“Benefit Plan” shall
mean any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan”
as defined in and subject to Section 4975 of the Code or (c) any person whose assets include (for purposes of ERISA Section 3(42)
or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan”
or “plan”.

 

“BHC Act Affiliate” shall
have the meaning assigned to such term in Section 9.13(b).

 

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

 

“Board of Directors”
shall mean, as to any person, the board of directors, the board of managers, the sole manager or other governing body of such person.

 

“Boeing” means The Boeing
Company.

 

“Boeing 737 MAX
Program” means, collectively, those certain contractual arrangements between the Borrower and Boeing (including,
without limitation, (i) the Special Business Provisions MS–65530–0016 (Sustaining), dated as of June 16, 2005, by
and between Boeing and the Borrower (as amended from time to time), and (ii) the General Terms Agreement (Sustaining and
others), dated as of June 16, 2005, by and between Boeing and the Borrower (as amended from time to time)) regarding the
production by the Borrower of components of the 737 MAX airplane.

 

    8

     

    

 

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

 

“Borrower Materials”
shall have the meaning assigned to such term in Section 9.17.

 

“Borrowing” shall mean
a group of Term Loans of a single Type under a single Facility, and made on a single date and, in the case of Eurodollar Rate Loans,
as to which a single Interest Period is in effect.

 

“Borrowing Minimum” shall
mean $1,000,000.

 

“Borrowing Multiple”
shall mean (a) in the case of Eurodollar Rate Loans, $500,000 and (b) in the case of Base Rate Loans, $250,000.

 

“Borrowing Request” shall
mean a request by the Borrower in accordance with the terms of Section 2.03 and substantially in the form of Exhibit D
or such other form as may be approved by the Administrative Agent, including any form on an electronic platform or electronic transmission
system as shall be approved by the Administrative Agent, appropriately completed and signed by a Responsible Officer of the Borrower.

 

“Budget” shall have the
meaning assigned to such term in Section 5.04(e).

 

“Business Day” shall
mean any day that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required
by law to remain closed; provided that, when used in connection with a Eurodollar Rate Loan, the term “Business Day”
shall also exclude any day on which banks are not open for dealings in deposits in Dollars in the London interbank eurodollar market.

 

“Capital Expenditures”
shall mean all liabilities incurred or expenditures made by Parent or a Subsidiary that would be classified as capital expenditures
in accordance with GAAP, including Capitalized Lease Obligations.

 

“Capitalized Lease Obligations”
shall mean an obligation that is required to be accounted for as a finance or capital lease (and, for the avoidance of doubt, not
a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance
with GAAP as in effect prior to giving effect to the adoption of ASU No. 2016-02 “Leases (Topic 842)” and ASU No. 2018-11
 “Leases (Topic 842)” and the stated maturity date thereof shall be the date of the last payment of rent or any other
amount due under such lease prior to the first date upon which such lease may be prepaid by the lessee without payment of a penalty.

 

    9

     

    

 

“Cash Management Agreement”
shall mean any agreement to provide to Parent or any Subsidiary treasury or cash management services, including deposit account
and other accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check
concentration, controlled disbursement, lockbox, account reconciliation, reporting and trade finance services, supply chain finance
programs, cash pooling arrangements and other cash management services.

 

“Cash Management Bank”
shall mean (i) any person that is an Agent, an Arranger, a Lender or an Affiliate of any such person (a) at the time that it enters
into a Cash Management Agreement, or (b) with respect to Cash Management Agreements existing on the Closing Date, on the Closing
Date and (ii) any other person that enters into a Cash Management Agreement with Parent or any Subsidiary and that is a commercial
or investment bank designated by the Borrower as a “Cash Management Bank” by written notice to the Administrative Agent.

 

“CFC” shall mean a “controlled
foreign corporation” within the meaning of section 957(a) of the Code.

 

“Change in Law” shall
mean (a) the adoption or taking effect of any law, rule, regulation or treaty after the Closing Date, (b) any change in law, rule,
regulation or treaty or in the administration, interpretation or application thereof by any Governmental Authority after the Closing
Date or (c) compliance by any Lender (or, for purposes of Section 2.15(b), by any Lending Office of such Lender or
by such Lender’s holding company, if any) with any written request, guideline or directive (whether or not having the force
of law) of any Governmental Authority made or issued after the Closing Date; provided, however, that notwithstanding
anything herein to the contrary, (x) all requests, rules, guidelines or directives under or issued in connection with the Dodd-Frank
Wall Street Reform and Consumer Protection Act, all interpretations and applications thereof and any compliance by a Lender with
any request or directive relating thereto and (y) all requests, rules, guidelines or directives promulgated under or in connection
with, all interpretations and applications of, and any compliance by a Lender with any request or directive relating to international
settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States of America
or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case under clauses (x) and (y) above
be deemed to be a “Change in Law” regardless of when adopted, enacted, issued or implemented but, for purposes of Section 2.15,
only to the extent it is the general policy of a Lender to impose applicable increased costs or costs in connection with capital
adequacy requirements similar to those described in clauses (a) and (b) of Section 2.15 generally on other similarly
situated borrowers under similar circumstances under agreements permitting such impositions.

 

“Change of Control”
shall mean (a) the acquisition of ownership, directly or indirectly, beneficially or of record, by any “person”
or “group” (within the meaning of the Exchange Act and the rules of the SEC thereunder as in effect on the
Closing Date, but excluding any employee benefit plan and any person or entity acting in its capacity as trustee, agent or
other fiduciary or administrator of any such plan) of Equity Interests representing more than 50% of the aggregate ordinary
voting power for the election of directors of Parent (determined on a fully diluted basis); (b) the sale, lease or transfer
(other than by way of merger, consolidation or other business combination transaction), in one or a series of related
transactions, of all or substantially all of the assets of Parent and its Subsidiaries, taken as a whole, to any person,
other than Parent or any of its Subsidiaries; or (c) Parent shall cease, directly or indirectly, to own and control legally
and beneficially all of the Equity Interests in the Borrower.

 

    10

     

    

 

“Charges” shall have
the meaning assigned to such term in Section 9.09.

 

“China JVs” means: (a)
Huarui Spirit Aerospace Manufacturing Co., Ltd.; and (b) Xizi Spirit Aerospace Industry (Zhejiang) Ltd.

 

“Class” shall mean, (a)
when used in respect of any Term Loan or Borrowing, whether such Term Loan or the Term Loans comprising such Borrowing are Initial
Term Loans or Other Term Loans; and (b) when used in respect of any Commitment, whether such Commitment is in respect of a commitment
to make Initial Term Loans or Other Term Loans. Other Term Loans that have different terms and conditions (together with the Commitments
in respect thereof) from the Initial Term Loans or from other Other Term Loans shall be construed to be in separate and distinct
Classes.

 

“Class Loans” shall have
the meaning assigned to such term in Section 9.08(f).

 

“Closing Date” shall
mean the first date on which the conditions set forth in Section 4.01 are satisfied (or waived in accordance with Section 9.08).

 

“Closing Date Mortgaged Properties”
shall have the meaning assigned to such term in the definition of the term “Mortgaged Properties.”

 

“Closing Date Refinancing”
shall mean the repayment in full and termination of all outstanding loans and commitments under that certain Second Amended and
Restated Credit Agreement, dated as of July 12, 2018, as amended from time to time, by and among Parent, the Borrower, the guarantors
from time to time party thereto, Bank of America, N.A., as administrative agent and collateral agent, and the lenders from time
to time party thereto.

 

“Code” shall mean the
U.S. Internal Revenue Code of 1986, as amended.

 

“Collateral” shall mean
all the “Collateral” as defined in any Security Document and shall also include the Mortgaged Properties and all other
property that is subject to any Lien in favor of the Administrative Agent, the Collateral Agent or any Subagent for the benefit
of the Secured Parties pursuant to any Security Document; provided, that notwithstanding anything to the contrary herein
or in any Security Document or other Loan Document, in no case shall the Collateral include any Excluded Property.

 

“Collateral Agent” shall
mean the Administrative Agent acting as collateral agent and security trustee for the Secured Parties, together with its successors
and permitted assigns in such capacity.

 

“Collateral Agreement”
shall mean the Collateral Agreement substantially in the form of Exhibit I dated as of the Closing Date, among each Loan
Party and the Collateral Agent, as may be amended, restated, amended and restated, supplemented or otherwise modified from time
to time.

 

    11

     

    

 

“Collateral and Guarantee Requirement”
shall mean the requirement that (in each case, subject to the last three paragraphs of Section 5.10, and subject to
Schedule 5.12 (as may be updated pursuant to Section 9.08(b) of this Agreement) (which, for the avoidance
of doubt, shall override the applicable clauses of this definition of “Collateral and Guarantee Requirement”)):

 

(a)              
on the Closing Date, the Collateral Agent shall have received:

 

(i)                
from each Loan Party, a counterpart of the Collateral Agreement, and

 

(ii)             
from Parent, the Borrower and the other Guarantors on the Closing Date, a counterpart of the Guarantee Agreement,
in each case duly executed and delivered on behalf of such person,

 

(b)              
on the Closing Date, (i)(x) all outstanding Equity Interests directly owned by the Loan Parties, other than Excluded
Securities, and (y) all Indebtedness owing to any Loan Party, other than Excluded Securities, shall have been pledged or assigned
for security purposes pursuant to the Security Documents and (ii) the Collateral Agent shall have received certificates or other
instruments (if any) representing such Equity Interests and any notes or other instruments required to be delivered pursuant to
the applicable Security Documents, together with stock powers, note powers or other instruments of transfer with respect thereto
(as applicable) endorsed in blank;

 

(c)              
in the case of any person that becomes a Guarantor after the Closing Date, the Collateral Agent shall have received
(i) a supplement to the Guarantee Agreement, (ii) a supplement to the applicable Security Document referred to in clause (a) above
and any other Security Documents, if applicable, in the form specified therefor or otherwise reasonably acceptable to the Administrative
Agent, in each case, duly executed and delivered on behalf of such Guarantor and (iii) if requested by the Collateral Agent, such
documents, certificates and opinions with respect to such person of the type described in clauses (g) and (m) of Section 4.01;

 

(d)              
after the Closing Date (x) all outstanding Equity Interests of any person that becomes a Guarantor after the Closing
Date and that are held by a Loan Party and (y) all Equity Interests directly acquired by a Loan Party, and Indebtedness owing to
a Loan Party after the Closing Date, in each case other than Excluded Securities, shall have been pledged pursuant to the Security
Documents, together with stock powers or other instruments of transfer with respect thereto (as applicable) endorsed in blank;

 

(e)              
as of the Closing Date, except as otherwise contemplated by this Agreement or any Security Document, all documents
and instruments, including Uniform Commercial Code financing statements, and filings with the United States Copyright Office and
the United States Patent and Trademark Office, and all other actions reasonably requested by the Collateral Agent (including those
required by applicable Requirements of Law) to be delivered, filed, registered or recorded to create the Liens intended to be created
by the Security Documents (in each case, including any supplements thereto) and perfect such Liens to the extent required by the
Security Documents, shall have been delivered, filed, registered or recorded or delivered to the Collateral Agent for filing, registration
or the recording substantially concurrently with, or promptly following, the execution and delivery of each such Security Document;

 

    12

     

    

 

(f)               
 [reserved];

 

(g)              
after the Closing Date, the Collateral Agent shall have received such other Security Documents as may be required
to be delivered pursuant to Section 5.10 or the Security Documents;

 

(h)              
(x) within 90 days after the Closing Date with respect to each Closing Date Mortgaged Property set forth on Schedule
1.01(B) (or on such later date as the Administrative Agent may agree in its reasonable discretion) and (y) the time periods
set forth in Section 5.10 with respect to Mortgaged Properties encumbered pursuant to such Section 5.10,
the Collateral Agent shall have received:

 

(1)              
a fully executed and notarized Mortgage encumbering the fee interest of such Loan Party in such Real Property,

 

(2)              
customary legal opinions of local counsel to the Loan Party granting the Mortgage on such Real Property in the jurisdiction
where such Real Property is located, addressed to the Collateral Agent and the Secured Parties, in form and substance reasonably
acceptable to the Collateral Agent.

 

(3)              
ALTA mortgagee title insurance policies, issued by a title insurance company reasonably acceptable to the Collateral
Agent, with respect to such Real Property, assuring the Collateral Agent that the Mortgage covering such Real Property creates
a valid and enforceable, first priority (subject to Permitted Liens) mortgage lien on such Real Property, free and clear of all
Liens except Permitted Liens, which title insurance policies shall: (i) otherwise be in form and substance reasonably satisfactory
to the Collateral Agent; and (ii) include such endorsements as are reasonably requested by the Collateral Agent and which are available
at commercially reasonable rates in the jurisdiction where such Real Property is located,

 

(4)               if
requested by the Collateral Agent, but only to the extent necessary to obtain customary “same as survey”
endorsements (or survey endorsements based upon a ZipMap) to the ALTA mortgagee title insurance policies referred to in clause
(h)(3) of this definition of “Collateral and Guarantee Requirement”, and to delete any standard
printed survey (or ZipMap) exceptions contained in such title insurance policies, either: (i) maps or plats of an as-built
survey of the sites of such Real Property certified to each of the Collateral Agent and the title insurance company issuing
the title insurance policies referred to in clause (h)(3) of this definition of “Collateral and Guarantee
Requirement” in a manner reasonably satisfactory to each of the Collateral Agent and such title insurance company,
dated as of a date reasonably satisfactory to each of the Collateral Agent and such title insurance company, by an
independent professional licensed land surveyor, which maps or plats, and the surveys on which they are based, shall be made
in accordance with the Minimum Standard Detail Requirements for Land Title Surveys jointly established and adopted by the
American Land Title Association and the National Society of Professional Surveyors in 2016 with items 2, 3, 4, 6(a), 6(b),
7(a), 7(b)(1), 7(c), 8, 9, 13, 14, 16, 17, and 19 on Table A thereof completed; or (ii) if acceptable to such title insurance
company, so-called ZipMaps certified to each of the Collateral Agent and such title insurance company, in form and substance
reasonably acceptable to the Collateral Agent and such title insurance company;

 

    13

     

    

 

(5)              
the Flood Documentation; and

 

(6)              
evidence reasonably satisfactory to the Collateral Agent that all filing fees and all Taxes due and payable in connection
with such Mortgage have been paid in full.

 

“Commitments” shall mean
with respect to any Lender, such Lender’s Term Facility Commitment.

 

“Commodity Exchange Act”
shall mean the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.

 

“Communication” shall
have the meaning assigned to such term in Section 9.13.

 

“Conduit Lender” shall
mean any special purpose corporation organized and administered by any Lender for the purpose of making Term Loans otherwise required
to be made by such Lender and designated by such Lender in a written instrument; provided, that the designation by any Lender
of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Term Loan under this Agreement
if, for any reason, its Conduit Lender fails to fund any such Term Loan, and the designating Lender (and not the Conduit Lender)
shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with
respect to its Conduit Lender; provided, further, that no Conduit Lender shall (a) be entitled to receive any greater
amount pursuant to Sections 2.15, 2.16, 2.17 or 9.05 than the designating Lender would have been
entitled to receive in respect of the extensions of credit made by such Conduit Lender except to the extent such greater entitlement
results from a Change in Law after the date on which the designation of such Conduit Lender is made or (b) be deemed to have any
Commitment.

 

“Consolidated Debt”
shall mean, as of any date of determination, the sum of (without duplication) the principal amount of all Indebtedness of the
type set forth in clauses (a), (b), (e) (to the extent related to any Indebtedness that would otherwise constitute
Consolidated Debt), (f), (h) (other than letters of credit, to the extent undrawn; provided that any unreimbursed
amounts under commercial letters of credit shall not be counted as Consolidated Debt unless such amount is still outstanding
five (5) Business Days after such amount is drawn), (i), (j) and (k) (to the extent related to any Indebtedness that would
otherwise constitute Consolidated Debt) of the definition of “Indebtedness” of Parent and the Subsidiaries
determined on a consolidated basis on such date; provided, that the amount of any Indebtedness with respect to which
the applicable obligors have entered into currency hedging arrangements shall be calculated giving effect to such currency
hedging arrangements; provided, further, that Consolidated Debt shall exclude obligations in respect of cash
management services or that are otherwise removed in consolidation. For the avoidance of doubt, Consolidated Debt shall
exclude Indebtedness in respect of any Qualified Receivables Facility or any Qualified Securitization Transaction.

 

    14

     

    

 

“Consolidated Net Income”
shall mean, with respect to any person for any period, the aggregate Net Income of such person and its Subsidiaries for such period,
on a consolidated basis, in accordance with GAAP; provided, however, that, without duplication:

 

(a)              
any after-tax effect of all extraordinary, nonrecurring or unusual gains or losses or income or expenses or any restructuring
charges or reserves, including, without limitation, any expenses related to any reconstruction, recommissioning or reconfiguration
of fixed assets for alternate uses, retention, severance, system establishment cost, contract termination costs, costs to consolidate
facilities and relocate employees, advisor fees and other out of pocket costs and non-cash charges to assess and execute operational
improvement plans and restructuring programs, will be excluded;

 

(b)              
the net income (or loss) of any person that is not a Subsidiary or that is accounted for by the equity method of
accounting will be excluded; provided that the income of such person will be included to the extent of the amount of dividends
or similar distributions, equity redemptions or repurchases or reductions in share capital paid in cash (or converted to cash)
to the specified person or a Subsidiary of the person;

 

(c)              
the net income (or loss) of any person and its Subsidiaries will be calculated without deducting the income attributed
to, or adding the losses attributed to, the minority equity interests of third parties in any non-Wholly Owned Subsidiary except
to the extent of the dividends paid in cash (or convertible into cash) during such period on the shares of the Equity Interests
of such Subsidiary held by such third parties;

 

(d)              
solely for purposes of calculating the Available Amount, the net income (but not loss) of any Subsidiary (other than
any Guarantor) will be excluded to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary
of that net income is not at the date of determination permitted without any prior governmental approval (that has not been obtained)
or, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute,
rule or governmental regulation applicable to that Subsidiary or its stockholders, unless such restrictions with respect to the
payment of dividends or similar distributions have been legally waived; provided that the Consolidated Net Income of such person
will be increased by the amount of dividends or distributions or other payments actually paid in cash (or converted to cash) by
any such Subsidiary to such person in respect of such period, to the extent not already included therein;

 

(e)              
the cumulative effect of any change in accounting principles will be excluded;

 

(f)       (i)
any non-cash expenses resulting from the grant or periodic remeasurement of stock options, restricted stock grants or other
equity incentive programs (including any stock appreciation and similar rights) and (ii) any costs or expenses incurred
pursuant to any management equity plan or stock option plan or other management or employee benefit plan or agreement or any
stock subscription or shareholder agreement, to the extent, in the case of the foregoing clause (ii), that such costs or
expenses are funded with cash proceeds contributed to the common equity capital of Parent or a Subsidiary of Parent, will be
excluded;

 

    15

     

    

 

(f)               
the effect of any non-cash impairment charges or write-ups, write-downs or write-offs of assets or liabilities resulting
from the application of GAAP and the amortization of intangibles arising from the application of GAAP, including pursuant to ASC
805, Business Combinations, ASC 350, Intangibles-Goodwill and Other, or ASC 360, Property, Plant and Equipment,
as applicable, will be excluded;

 

(g)              
any net after-tax income or loss from disposed, abandoned or discontinued operations and any net after-tax gains
or losses on disposed, abandoned or discontinued, transferred or closed operations will be excluded (other than operations that
are discontinued because they are held for sale);

 

(h)              
unrealized gains and losses relating to foreign currency transactions, including those relating to mark-to-market
of Indebtedness resulting from the application of GAAP, including pursuant to ASC 830, Foreign Currency Matters, (including
any net loss or gain resulting from Hedging Agreements for currency exchange risk) will be excluded;

 

(i)                
any net gain or loss from Hedging Agreements or in connection with the early extinguishment of Hedging Agreements
(including of ASC 815, Derivatives and Hedging) or from the early extinguishment or cancellation of Indebtedness shall be
excluded;

 

(j)                
to the extent covered by insurance and actually reimbursed, or, so long as such person has made a determination that
there exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount
is (i) not denied by the applicable carrier in writing within 180 days and (ii) in fact reimbursed within 365 days of the date
of such evidence (with a deduction for any amount so added back to the extent not so reimbursed within 365 days), expenses with
respect to liability or casualty events or business interruption shall be excluded;

 

(k)              
non-cash charges for deferred tax asset valuation allowances shall be excluded (except to the extent reversing a
previously recognized increase to Consolidated Net Income); and

 

(l)                
effects of purchase accounting adjustments (including the effects of such adjustments pushed down to such person
and its Subsidiaries) in amounts required or permitted by GAAP, resulting from the application of purchase accounting in relation
to any consummated acquisition or the amortization or write-off of any amounts thereof, net of taxes, shall be excluded.

 

In addition, to the extent not already
included in the Consolidated Net Income of such person and its Subsidiaries, notwithstanding anything to the contrary in the
foregoing, Consolidated Net Income shall include (i) any expenses and charges that are reimbursed by indemnification or other
reimbursement provisions in connection with any investment or any sale, conveyance, transfer or other disposition of assets
permitted hereunder, or, so long as Parent has made a determination that there exists reasonable evidence that such amount
will in fact be reimbursed and only to the extent that such amount is (A) not denied by the applicable payor in writing
within 180 days and (B) in fact reimbursed within 365 days of the date of such evidence (with a deduction for any amount so
added back to the extent not so reimbursed within 365 days) and (ii) to the extent covered by insurance (including business
interruption insurance) and actually reimbursed, or, so long as Parent has made a determination that there exists reasonable
evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is (A) not denied
by the applicable carrier in writing within 180 days and (B) in fact reimbursed within 365 days of the date of such evidence
(with a deduction for any amount so added back to the extent not so reimbursed within 365 days), expenses with respect to
liability or casualty events or business interruption. Consolidated Net Income presented in a currency other than Dollars
will be converted to Dollars based on the average exchange rate for such currency during, and applied to, each fiscal quarter
in the period for which Consolidated Net Income is being calculated.

 

    16

     

    

 

“Consolidated Secured Debt”
shall mean, as of any date of determination, Consolidated Debt to the extent secured by Liens on all or any portion of the assets
of Parent or any of its Subsidiaries on such date (including, for the avoidance of doubt, all Capitalized Lease Obligations).

 

“Consolidated Secured Net Debt”
shall mean, as of any date of determination, (i) Consolidated Debt to the extent secured by Liens on all or any portion of the
assets of Parent or any of its Subsidiaries on such date (including, for the avoidance of doubt, all Capitalized Lease Obligations)
less (ii) the Unrestricted Cash Amount on such date.

 

“Consolidated Total Assets”
shall mean, as of any date of determination, the total assets of Parent and the Subsidiaries, determined on a consolidated basis
in accordance with GAAP, as set forth on the consolidated balance sheet of Parent as of the last day of the Test Period ending
immediately prior to such date for which financial statements of Parent have been delivered (or were required to be delivered)
pursuant to Section 5.04(a) or 5.04(b), as applicable. Consolidated Total Assets shall be determined on a Pro
Forma Basis.

 

“Consolidated Total Net Debt”
shall mean, as of any date of determination, (i) Consolidated Debt on such date less (ii) the Unrestricted Cash Amount on such
date.

 

“Consolidated Working
Capital” shall mean, at any date, the excess of (a) the sum of all amounts (other than cash and Permitted
Investments) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or
any like caption) on a consolidated balance sheet of Parent and its Subsidiaries at such date over (b) the sum of all amounts
that would, in conformity with GAAP, be set forth opposite the caption “total current liabilities” (or any like
caption) on a consolidated balance sheet of Parent and its Subsidiaries on such date, including deferred revenue but
excluding, without duplication, (i) the current portion of any Indebtedness for borrowed money, (ii) the current portion of
accrued interest and (iii) the current portion of current and deferred income taxes; provided that for the purposes of
calculating increases or decreases of Consolidated Working Capital in the definition of “Excess Cash Flow”, any
changes in current assets or current liabilities shall be excluded to the extent arising as a result of (x) the effect of
fluctuations in the amount of recognized assets or liabilities under Hedging Agreements, (y) any reclassification of assets
or liabilities between current and noncurrent in accordance with GAAP (other than as a result of the passage of time) and (z)
the effects of acquisition method accounting.

 

    17

     

    

 

“Contract Consideration”
shall have the meaning assigned to such term in clause (b)(x) of the definition of “Excess Cash Flow”.

 

“Control” shall mean
the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a person,
whether through the ownership of voting securities, by contract or otherwise, and “Controls,” “Controlled”
and “Controlling” shall have meanings correlative thereto.

 

“Covenant Transaction”
shall have the meaning assigned to such term in Section 1.08(b).

 

“Covered Entity” shall
have the meaning assigned to such term in Section 9.13(b).

 

“Credit Event” shall
mean any Borrowing of Term Loans.

 

“Cumulative Qualified Equity Proceeds
Amount” shall mean at any date of determination, an amount equal to, without duplication:

 

(a)              
100% of the aggregate net proceeds (which shall be calculated net of all fees (including investment banking fees),
commissions, costs and other expenses, in each case incurred in connection with the applicable issuance or sale), including cash
and the Fair Market Value of assets other than cash, received by Parent or the Borrower after the Closing Date as a contribution
to its common equity capital or from the issue or sale of Qualified Equity Interests of Parent or the Borrower, including Qualified
Equity Interests of Parent or the Borrower issued upon conversion of Indebtedness or Disqualified Stock to the extent Parent or
its Wholly Owned Subsidiaries had received the Net Proceeds of such Indebtedness or Disqualified Stock; plus

 

(b)              
100% of the aggregate amount received by Parent or its Subsidiaries in cash and the Fair Market Value of assets other
than cash received by Parent or its Subsidiaries after the Closing Date from (without duplication):

 

(i)                
the sale or other disposition (other than to Parent or any Subsidiary) of any Investment made by Parent and its Subsidiaries
and repurchases and redemptions of such Investment from Parent and its Subsidiaries by any person (other than Parent and its Subsidiaries)
and from repayments of loans or advances which constituted Investments, to the extent that (x) such Investment was justified as
using a portion of the Available Amount pursuant to clause (Y) of Section 6.04(j) and (y) the Net Proceeds thereof
are not required to be applied pursuant to Section 2.11(b);

 

(ii)              the
sale (other than to Parent or a Subsidiary) of the Equity Interests of an Unrestricted Subsidiary to the extent that (x) the
designation of such Unrestricted Subsidiary was justified as using a portion of the Available Amount pursuant to clause (Y)
of Section 6.04(j) and (y) the Net Proceeds thereof are not required to be applied pursuant to Section 2.11(b);
or (iii) to the extent not included in the calculation of Consolidated Net Income for the relevant period, a distribution,
dividend or other payment from an Unrestricted Subsidiary to the extent relating to any portion of the Investment therein
made pursuant to clause (Y) of Section 6.04(j).

 

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“Debtor Relief Laws”
shall mean the Bankruptcy Code and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors,
moratorium, rearrangement, receivership, insolvency, reorganization, administration or similar debtor relief laws of the United
States of America or other applicable jurisdictions from time to time in effect.

 

“Declared Dividends”
shall have the meaning assigned to such term in clause (xii) of the definition of “Adjusted Consolidated EBITDA”.

 

“Declined Prepayment Amount”
shall have the meaning assigned to such term in Section 2.10(d).

 

“Declining Term Lender”
shall have the meaning assigned to such term in Section 2.10(d).

 

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

 

“Default Right” shall
have the meaning assigned to such term in Section 9.13(b).

 

“Designated Jurisdiction”
shall mean any country, region or territory to the extent that such country or territory itself is the subject of any Sanctions
(on the date of this Agreement, the Crimea region of the Ukraine, Cuba, Iran, North Korea and Syria).

 

“Designated Non-Cash Consideration”
shall mean the Fair Market Value of non-cash consideration received by Parent or one of its Subsidiaries in connection with an
Asset Sale that is so designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of Parent,
setting forth such valuation, less the amount of cash or cash equivalents received in connection with a subsequent disposition
of such Designated Non-Cash Consideration.

 

“Discontinuance Event”
means, with respect to any contract with a commercial or government (including defense) customer providing for Advance Payments,
the occurrence of either (a) a termination of the program specified in such contract in respect of which such Advance Payments
were made, or (b) a termination of such contract, in each case of the foregoing clauses (a) and (b), which results in a requirement
under such contract for Parent or any Subsidiary to repay the outstanding balance of any Advance Payments received thereunder.

 

“Disinterested Director”
shall mean, with respect to any person and transaction, a member of the Board of Directors of such person who does not have any
material direct or indirect financial interest in or with respect to such transaction.

 

“Dispose” or
 “Disposed of” shall mean to convey, sell, lease, sell and lease-back, assign, farm-out, transfer or
otherwise dispose of (in one transaction or in a series of transactions and whether effected pursuant to a Division or
otherwise) any property, business or asset by any person (including any issuance of Equity Interests by a Subsidiary of such
person). The term “Disposition” shall have a correlative meaning to the foregoing.

 

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“Disqualified Institutions”
means, collectively, (a) those entities identified by the Borrower to the Administrative Agent from time to time on 3 Business
Days’ prior written notice, as competitors of Parent and its Subsidiaries and any Affiliates of such entities clearly identifiable
solely by similarity of name to such entities other than bona fide debt funds and (b) those banks, financial institutions and other
institutional lenders separately identified in writing by the Borrower to the Lenders and the Administrative Agent prior to the
Closing Date and any Affiliates of such entities clearly identifiable solely by similarity of name to such entities; provided
that in no event shall any update to the list of Disqualified Institutions apply retroactively to disqualify any persons that have
previously acquired an assignment or participation interest under this Agreement.

 

“Disqualified Stock”
shall mean, with respect to any person, any Equity Interests of such person that, by its terms (or by the terms of any security
or other Equity Interests into which it is convertible or for which it is exchangeable, in each case, at the option of the holder
thereof), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Qualified
Equity Interests of Parent), pursuant to a sinking fund obligation or otherwise, (b) is redeemable at the option of the holder
thereof (other than solely for Qualified Equity Interests of Parent), in whole or in part, or (c) is or becomes convertible into
or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Stock, in the case of each of
the foregoing clauses (a), (b) and (c), prior to the date that is ninety-one (91) days after the Latest Maturity Date in effect
at the time of issuance thereof and except as a result of a change of control or asset sale so long as any rights of the holders
thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment (or offer to repay)
in full of the Term Loans and all other Loan Obligations that are accrued and payable and the termination of the Commitments (provided,
that only the portion of the Equity Interests that so mature or are mandatorily redeemable, are so convertible or exchangeable
or are so redeemable at the option of the holder thereof prior to such date shall be deemed to be Disqualified Stock). Notwithstanding
the foregoing: (i) any Equity Interests issued to any employee or to any plan for the benefit of employees of Parent or the Subsidiaries
or by any such plan to such employees shall not constitute Disqualified Stock solely because they may be required to be repurchased
by Parent in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s termination,
death or disability and (ii) any class of Equity Interests of such person that by its terms authorizes such person to satisfy its
obligations thereunder by delivery of Equity Interests that are not Disqualified Stock shall not be deemed to be Disqualified Stock.

 

“Dividing Person” has
the meaning assigned to it in the definition of “Division.”

 

“Division” means the
division of the assets, liabilities and/or obligations of a Person (the “Dividing Person”) among two or more Persons
(whether pursuant to a “plan of division” or similar arrangement), which may or may not include the Dividing Person
and pursuant to which the Dividing Person may or may not survive.

 

    20

     

    

 

“Division Successor”
means any Person that, upon the consummation of a Division of a Dividing Person, holds all or any portion of the assets, liabilities
and/or obligations previously held by such Dividing Person immediately prior to the consummation of such Division. A Dividing Person
which retains any of its assets, liabilities and/or obligations after a Division shall be deemed a Division Successor upon the
occurrence of such Division.

 

“Dollars” or “$”
shall mean lawful money of the United States of America.

 

“DQ List” shall have
the meaning assigned to such term in Section 9.04(iv).

 

“ECF Percentage” shall
mean (i) with respect to any fiscal year at the end of which the First Lien Secured Net Leverage Ratio is greater than 2.00
to 1.00, 50%, (ii) with respect to any fiscal year at the end of which the First Lien Secured Net Leverage Ratio is greater than
1.50 to 1.00 but less than or equal to 2.00 to 1.00, 25% and (iii) with respect to any fiscal year at the end of which the First
Lien Secured Net Leverage Ratio is less than or equal to 1.50 to 1.00, 0%.

 

“EEA Financial Institution”
shall mean (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 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”
shall mean any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

 

“EEA Resolution Authority”
shall mean 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.

 

“Effective Yield” for
any Indebtedness on any date of determination will be determined by the Borrower in good faith in consultation with the Administrative
Agent consistent with generally accepted financial practices utilizing (a) if applicable, any “Eurodollar Rate floor”
applicable to such Indebtedness on such date, (b) the interest margin for such Indebtedness on such date and (c) the issue price
of such Indebtedness (after giving effect to any original issue discount (with original issue discount being equated to interest
based on an assumed four-year average life to maturity on a straight-line basis)) or upfront fees (which shall be deemed to constitute
like amounts of original issue discount), in each case, incurred or payable to the lenders of such Indebtedness but excluding arrangement,
underwriting, commitment, structuring, ticking, unused line, amendment fees and other similar fees not paid generally to all lenders
in the primary syndication of such Indebtedness; provided that with respect to any Indebtedness that includes a “Eurodollar
Rate floor,” (i) to the extent that the Eurodollar Rate (without giving effect to any floors in such definitions), as applicable,
on the date that the Effective Yield is being calculated is less than such floor, the amount of such difference shall be deemed
added to the interest rate margin for such Indebtedness and (ii) to the extent that the Eurodollar Rate (without giving effect
to any floors in such definitions), as applicable, on such date is greater than such floor, then the floor shall be disregarded.

 

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“Environment” shall mean
ambient and indoor air, surface water and groundwater (including potable water, navigable water and wetlands), the land surface
or subsurface strata, natural resources such as flora and fauna, the workplace or as otherwise defined in any Environmental Law.

 

“Environmental Laws”
shall mean all applicable laws (including common law), rules, regulations, codes, ordinances, orders, binding agreements, decrees
or judgments, promulgated or entered into by or with any Governmental Authority, relating in any way to the Environment, preservation
or reclamation of natural resources, any Hazardous Materials or to public or employee health and safety matters (to the extent
relating to the Environment or Hazardous Materials).

 

“Environmental Liability”
means any liability, claim, action, suit, agreement, judgment or order arising under or relating to any Environmental Law for any
damages, injunctive relief, losses, fines, penalties, fees, expenses (including reasonable fees and expenses of attorneys and consultants)
or costs, whether contingent or otherwise, including those arising from or relating to:  (a) violation of any Environmental
Law or permit, license or approval issued thereunder, (b) the generation, use, handling, transportation, storage, treatment or
disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threat of Release of any Hazardous
Materials or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with
respect to any of the foregoing.

 

“Environmental Permits”
shall have the meaning assigned to such term in Section 3.16.

 

“Equal Priority Intercreditor Agreement”
shall mean that certain Equal Priority Intercreditor Agreement, dated as of the Closing Date, as amended, supplemented, restated,
amended and restated, extended or otherwise modified from time to time in accordance with the terms thereof, by and among the Administrative
Agent, the First Lien Notes Agent and the other parties thereto from time to time, substantially in the form of Exhibit L.

 

“Equipment Financing Provider”
shall mean (i) any person that is an Agent, an Arranger, a Lender or an Affiliate of any such person (a) at the time that it enters
into a Progress Payment Agreement, or (b) with respect to Progress Payment Agreements existing on the Closing Date, on the Closing
Date and (ii) any other person that enters into a Progress Payment Agreement with Parent or any Subsidiary and that is a commercial
or investment bank, commercial lending company or finance company designated by the Borrower as an “Equipment Financing Provider”
by written notice to the Administrative Agent.

 

“Equity Interests” of
any person shall mean any and all shares, interests, rights to purchase or otherwise acquire, warrants, options, participations
or other equivalents of or interests in (however designated) equity or ownership of such person, including any preferred stock
(including any preferred equity certificates (and any other similar instruments)), any limited or general partnership interest
and any limited liability company membership interest, and any securities or other rights or interests convertible into or exchangeable
for any of the foregoing.

 

    22

     

    

 

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

 

“ERISA Affiliate” shall
mean any trade or business (whether or not incorporated) that, together with Parent, the Borrower or any Subsidiary, is treated
as a single employer under Section 414(b) or (c) of the Code, or, solely for purposes of Section 302 of ERISA and Section 412
of the Code, is treated as a single employer under Section 414 of the Code.

 

“ERISA Event” shall mean
(a) any Reportable Event or the requirements of Section 4043(b) of ERISA apply with respect to a Plan; (b) with respect to
any Plan, the failure to satisfy the minimum funding standard under Section 412 of the Code or Section 302 of ERISA,
whether or not waived; (c) a determination that any Plan is, or is expected to be, in “at-risk” status (as defined
in Section 303(i)(4) of ERISA or Section 430(i)(4) of the Code); (d) 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, the
failure to make by its due date a required installment under Section 430(j) of the Code with respect to any Plan or the failure
to make by its due date any required contribution to a Multiemployer Plan; (e) the incurrence by Parent, the Borrower, a Subsidiary
or any ERISA Affiliate of any liability under Title IV of ERISA with respect to the termination of any Plan or Multiemployer Plan;
(f) the receipt by Parent, the Borrower, a Subsidiary or any ERISA Affiliate from the PBGC or a plan administrator of any notice
relating to an intention to terminate any Plan or to appoint a trustee to administer any Plan; (g) the incurrence by Parent, the
Borrower, a Subsidiary or any ERISA Affiliate of any liability with respect to the withdrawal or partial withdrawal from any Plan
or Multiemployer Plan; (h) the receipt by Parent, the Borrower, a Subsidiary or any ERISA Affiliate of any notice, or the receipt
by any Multiemployer Plan from Parent, the Borrower, any Subsidiary or any ERISA Affiliate of any notice, concerning the impending
imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization,
within the meaning of Title IV of ERISA, or in “endangered” or “critical” status, within the meaning of
Section 432 of the Code or Section 305 of ERISA; (i) the conditions for imposition of a lien under Section 303(k)
of ERISA shall have been met with respect to any Plan; or (j) the withdrawal of any of Parent, the Borrower, a Subsidiary or any
ERISA Affiliate from a Plan subject to Section 4063 of ERISA during a plan year in which such entity was a “substantial
employer” as defined in Section 4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal
under Section 4062(e) of ERISA.

 

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

 

“Eurodollar Rate” shall
mean:

 

(a)               for
any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to the London Interbank Offered Rate as
administered by ICE Benchmark Administration (or any other person that takes over the administration of such rate for Dollars
for a period equal in length to such Interest Period) (“LIBOR”), as published on the applicable Bloomberg
screen page (or such other commercially available source providing such quotations as may be designated by the Administrative
Agent from time to time) at approximately 11:00 a.m., London time, two London Banking Days prior to the commencement of such
Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such
Interest Period;

 

    23

     

    

 

(b)              
for any interest calculation with respect to a Base Rate Loan on any date, the rate per annum equal to LIBOR, at
or about 11:00 a.m., London time determined two Business Days prior to such date for Dollar deposits with a term of one month commencing
that day; and

 

(c)              
if the Eurodollar Rate shall be less than 0.75%, such rate shall be deemed to be 0.75% for purposes of this Agreement.

 

“Eurodollar Rate Borrowing”
shall mean a Borrowing comprised of Eurodollar Rate Loans.

 

“Eurodollar Rate Loan”
shall mean a Term Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate”.

 

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

 

“Excess Cash Flow” shall
mean, for any Excess Cash Flow Period, an amount equal to the excess of:

 

(a)              
the sum, without duplication, of:

 

(i)                
Consolidated Net Income of Parent and its Subsidiaries for such period,

 

(ii)             
an amount equal to the amount of all noncash charges to the extent deducted in arriving at such Consolidated Net
Income,

 

(iii)           
decreases in Consolidated Working Capital and long-term account receivables for such period (other than any such
decreases arising from acquisitions by Parent and its Subsidiaries completed during such period),

 

(iv)            
the amount by which tax expense deducted in determining such Consolidated Net Income for such period exceeded taxes
(including penalties and interest) paid in cash or tax reserves set aside or payable (without duplication) by Parent and its Subsidiaries
in such period, and

 

(v)              
an amount equal to the aggregate net noncash loss on the sale, lease, transfer or other disposition of assets by
Parent and its Subsidiaries during such period (other than sales in the ordinary course of business) to the extent deducted in
arriving at such Consolidated Net Income; over

 

(b)              
the sum, without duplication, of:

 

    24

     

    

 

(i)                
 an amount equal to the amount of all (i) noncash credits included in arriving at such Consolidated Net Income and
(ii) cash amounts excluded in calculating Consolidated Net Income by virtue of the definition of “Consolidated Net Income”,

 

(ii)             
without duplication of amounts deducted in arriving at such Consolidated Net Income or pursuant to subclause (b)(xi)
below in prior periods, the amount of Capital Expenditures made in cash during such period, except to the extent that such Capital
Expenditures were financed with the proceeds of third-party Indebtedness of Parent or its Subsidiaries,

 

(iii)           
the aggregate amount of all principal payments or amounts applied to the purchase, redemption or satisfaction and
discharge of Indebtedness of Parent and its Subsidiaries (including (x) the principal component of payments in respect of any lease
that is required to be capitalized for financial reporting purposes in accordance with GAAP and (y) the amount of any scheduled
repayment of Term Loans, but excluding all other prepayments of Term Loans (other than pursuant to Section 2.11(b)(i)
to the extent required due to an Asset Sale or Recovery Event that resulted in an increase to Consolidated Net Income and not in
excess of the amount of such increase), and (z) all prepayments in respect of any revolving credit facility (but only to the extent
there is an equivalent permanent reduction in commitments thereunder)), except to the extent financed with the proceeds of other
third-party Indebtedness of Parent or its Subsidiaries,

 

(iv)            
an amount equal to the aggregate net noncash gain on the sale, lease, transfer or other disposition of assets by
Parent and its Subsidiaries during such period (other than sales in the ordinary course of business) to the extent included in
arriving at such Consolidated Net Income,

 

(v)              
increases in Consolidated Working Capital and long-term account receivables for such period (other than any such
increases arising from acquisitions of a person or business unit by Parent and its Subsidiaries during such period),

 

(vi)            
cash payments by Parent and the Subsidiaries during such period in respect of long-term liabilities of Parent and
the Subsidiaries other than Indebtedness,

 

(vii)         
without duplication of amounts deducted pursuant to subclause (b)(xi) below in prior periods, the aggregate amount
of all cash payments made in respect of all Permitted Acquisitions and other Investments made during such period to the extent
permitted under Section 6.04 (excluding Investments in (x) Permitted Investments and (y) Parent or any of its Subsidiaries),
except to the extent that such Investments and Permitted Acquisitions were financed with the proceeds of third-party Indebtedness
of Parent or its Subsidiaries,

 

(viii)       
without duplication of amounts deducted pursuant to subclause (b)(xi) below in prior periods, the amount of Restricted
Payments made in cash during such period to the extent permitted under clauses (b), (d), (f), (g), (i), (j) and (k) of Section 6.06,
except to the extent that such Restricted Payments were financed with the proceeds of third-party Indebtedness of Parent or its
Subsidiaries,

 

    25

     

    

 

(ix)            
 the aggregate amount of expenditures actually made by Parent and the Subsidiaries in cash during such period (including
expenditures for the payment of financing fees) to the extent that such expenditures are not expensed during such period,

 

(x)              
without duplication of amounts deducted in arriving at such Consolidated Net Income or deducted from Excess Cash
Flow in prior periods, at the option of the Borrower, the aggregate consideration required to be paid in cash by Parent or any
of its Subsidiaries pursuant to binding contracts (the “Contract Consideration”) entered into prior to or during
such period relating to acquisitions, Capital Expenditures or Investments, or declarations during such period to make Restricted
Payments of the types described in subclause (b)(viii) above, in each case to be consummated or made during the period of four
consecutive fiscal quarters of Parent following the end of such period; provided that to the extent the aggregate amount
of internally generated cash flow of Parent and its Subsidiaries actually utilized to finance such acquisitions or Capital Expenditures
during such period of four consecutive fiscal quarters is less than the Contract Consideration, the amount of such shortfall shall
be added to the calculation of Excess Cash Flow at the end of such period of four consecutive fiscal quarters,

 

(xi)            
the aggregate amount of any premium, make-whole or penalty payments actually paid in cash by Parent and the Subsidiaries
during such period that are required to be made in connection with any prepayment of Indebtedness,

 

(xii)         
the amount of cash taxes paid in such period to the extent they exceed the amount of tax expense deducted in determining
Consolidated Net Income for such period,

 

(xiii)       
an amount equal to the aggregate net cash losses on the sale, lease, transfer or other disposition of assets by Parent
and its Subsidiaries during such period (other than sales in the ordinary course of business) to the extent deducted in determining
Consolidated Net Income,

 

(xiv)        
without duplication of amounts deducted in arriving at such Consolidated Net Income, cash expenditures in respect
of Hedging Agreements during such period, and

 

(xv)          
cash payments by Parent and the Subsidiaries during such period to fund indemnity payments required in respect of
any Disposition permitted under this Agreement to the extent such payments are not expensed during such period or are not deducted
in calculating Consolidated Net Income.

 

“Excess Cash Flow Payment Date”
shall mean any date occurring within five (5) Business Days after the date on which Parent’s annual audited financial statements
are required to be delivered pursuant to Section 5.04(a) (commencing with respect to the fiscal year ending December
31, 2021).

 

“Excess Cash Flow Period”
shall mean, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of Parent.

 

“Exchange Act” shall
mean the Securities Exchange Act of 1934, as amended.

 

    26

     

    

 

“Excluded Accounts” means:
(a) (i) deposit and/or securities accounts of the Loan Parties used for payroll, (ii) accounts maintained in trust for the benefit
of third parties and fiduciary purposes, (iii) escrow, defeasance, discharge and redemption accounts (including any relating to
a satisfaction and discharge of Indebtedness), (iv) disbursement accounts as part of a zero balance system, (v) employee benefit
accounts (including 401(k) accounts and pension fund accounts), and (vi) new market tax credit accounts, in each case of the foregoing
clauses (a)(i) through (a)(v), so long as such account is used solely for such designated purpose; and (b) any deposit and/or securities
account maintained in a jurisdiction outside of the United States.

 

“Excluded Indebtedness”
shall mean all Indebtedness not incurred in violation of Section 6.01.

 

“Excluded Property” shall
have the meaning assigned to such term in Section 5.10.

 

“Excluded Securities”
shall mean any of the following:

 

(a)              
any Equity Interests or Indebtedness with respect to which the Collateral Agent and Parent reasonably agree that
the cost or other consequences (including Tax consequences) of pledging such Equity Interests or Indebtedness in favor of the Secured
Parties under the Security Documents are likely to be excessive in relation to the value to be afforded thereby;

 

(b)              
any Equity Interests or Indebtedness to the extent, and for so long as, the pledge thereof is prohibited by any Requirement
of Law (in each case, except to the extent such prohibition is unenforceable after giving effect to applicable provisions of the
Uniform Commercial Code and other applicable law);

 

(c)              
any Equity Interests of any person that is not a Wholly Owned Subsidiary of Parent, other than any Subsidiary that
(A) is a Wholly Owned Subsidiary as of the time that such Subsidiary’s Equity Interests become subject to a security interest
in favor of the Collateral Agent, and (B) subsequently becomes a non-Wholly Owned Subsidiary;

 

(d)              
any Equity Interests of any (A) Unrestricted Subsidiary or (B) any Receivables Entity (to the extent they are restricted
from being pledged by the applicable Qualified Receivables Facility);

 

(e)              
any Equity Interests of any Immaterial Subsidiary;

 

(f)               
any Margin Stock;

 

(g)              
the voting Equity Interests of any Foreign Subsidiary or FSHCO that is directly owned by a Loan Party in excess of
sixty-five percent (65.0%) of the issued and outstanding voting Equity Interests of each such Foreign Subsidiary or FSHCO;

 

(h)              
the Equity Interests of any Subsidiary solely to the extent that the pledge of such Equity Interests pursuant to
the Security Documents would require Parent to file separate consolidated financial statements for such Subsidiary with the SEC
(or other applicable federal Governmental Authority) pursuant to the S-X Filing Regulation (or other applicable federal Law); and

 

    27

     

    

 

(i)                
 the Equity Interests of any Subsidiary, solely if, and to the extent that, such Subsidiary: (i) is a Restricted
Subsidiary (as defined in the indenture governing the Senior Notes as in effect on the Closing Date); (ii) is an Immaterial Foreign
Subsidiary; (iii) is an Insurance Subsidiary; (iv) is a special purpose entity; or (v) is a Not-for-Profit Subsidiary.

 

“Excluded Subsidiary”
shall mean any of the following:

 

(a)              
each Immaterial Subsidiary,

 

(b)              
each Subsidiary that is not a Wholly Owned Subsidiary (for so long as such Subsidiary remains a non-Wholly Owned
Subsidiary),

 

(c)              
each Subsidiary that is prohibited from Guaranteeing or granting Liens to secure the Obligations by any Requirement
of Law or that would require consent, approval, license or authorization of a Governmental Authority to Guarantee or grant Liens
to secure the Obligations (unless such consent, approval, license or authorization has been received),

 

(d)              
each Subsidiary that is prohibited by any applicable contractual requirement (not created in contemplation of the
consummation of the Transactions) from Guaranteeing or granting Liens to secure the Obligations on the Closing Date or at the time
such Subsidiary becomes a Subsidiary not in violation of Section 6.09 (and for so long as such restriction or any replacement
or renewal thereof is in effect),

 

(e)              
any Receivables Entity,

 

(f)               
any Foreign Subsidiary,

 

(g)              
any U.S. Subsidiary (i) that is a FSHCO or (ii) that is a Subsidiary of a Foreign Subsidiary of Parent that is a
CFC,

 

(h)              
any other Subsidiary with respect to which the Administrative Agent and Parent reasonably agree that the cost
or other consequences (including, without limitation, Tax consequences) of providing a Guarantee of or granting Liens to secure
the Obligations are likely to be excessive in relation to the value to be afforded thereby,

 

(i)                
each Unrestricted Subsidiary,

 

(j)                
each Insurance Subsidiary,

 

(k)              
each Not-for-Profit Subsidiary, and

 

(l)                
each Securitization Entity or other special purpose entity.

 

    28

     

    

 

“Excluded Swap
Obligation” shall mean, with respect to any Guarantor, any Swap Obligation 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) by virtue of (a)
such Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the
Commodity Exchange Act and the regulations thereunder or (b) in the case of a Swap Obligation subject to a clearing
requirement pursuant to Section 2(h) of the Commodity Exchange Act (or any successor provision thereto), because such
Guarantor is a “financial entity,” as defined in Section 2(h)(7)(C)(i) of the Commodity Exchange Act (or any
successor provision thereto), in each case at the time the Guarantee of such Guarantor or the grant of such security interest
becomes effective with respect to such Swap Obligation, unless otherwise agreed between the Administrative Agent and Parent.
If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the
portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or becomes
illegal.

 

“Excluded Taxes” shall
mean, with respect to the Administrative Agent, any Lender or any other recipient of any payment to be made by or on account of
any obligation of any Loan Party hereunder or under any other Loan Document (a “Recipient”), (i) Taxes imposed
on or measured by its overall net income (however denominated, and including, for the avoidance of doubt, franchise and similar
Taxes imposed on it in lieu of net income Taxes) and branch profits Taxes, in each case, imposed by a jurisdiction (including any
political subdivision thereof) as a result of such Recipient being organized in, having its principal office in, or in the case
of any Lender, having its applicable Lending Office in, such jurisdiction, or as a result of any other present or former connection
with such jurisdiction (other than any such connection arising from such Recipient having executed, delivered, become a party to,
performed its obligations under, received payments under, received, perfected or enforced a security interest under, engaged in
any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Term Loan or Loan Document),
(ii) U.S. federal withholding Tax imposed on any payment by or on account of any obligation of any Loan Party hereunder or under
any other Loan Document to a Lender (other than a Lender that is an assignee pursuant to a request by the Borrower under Section 2.19(b)
or 2.19(c)) pursuant to laws in force at the time such Lender becomes a party hereto (or designates a new Lending Office),
except to the extent that such Lender (or its assignor, if any) was entitled, immediately prior to the designation of a new Lending
Office (or assignment), to receive additional amounts or indemnification payments from any Loan Party with respect to such withholding
Tax pursuant to Section 2.17, (iii) any withholding Tax imposed on any payment by or on account of any obligation of
any Loan Party hereunder that is attributable to such Recipient’s failure to comply with Section 2.17(e) or (iv)
any Tax imposed under FATCA.

 

“Existing Class Loans”
shall have the meaning assigned to such term in Section 9.08(f).

 

“Extended Term Loan”
shall have the meaning assigned to such term in Section 2.22(a).

 

“Extending Lender” shall
have the meaning assigned to such term in Section 2.22(a).

 

“Extension” shall have
the meaning assigned to such term in Section 2.22(a).

 

“Extension Amendment”
shall have the meaning assigned to that term in Section 2.22(b).

 

    29

     

    

 

“Facility” shall mean
the respective facility and commitments utilized in making Term Loans and credit extensions hereunder, it being understood that,
as of the Closing Date there is one Facility (i.e., the Initial Term Facility) and thereafter, the term “Facility”
may include any other Class of Commitments and the extensions of credit thereunder.

 

“Fair Market Value” shall
mean, with respect to any asset or property, the price that could be negotiated in an arm’s-length transaction between a
willing seller and a willing buyer, neither of whom is under undue pressure or compulsion to complete the transaction (as determined
in good faith by the management of the Borrower), including reliance on the most recent real property tax bill or assessment in
the case of Real Property.

 

“FATCA” shall mean Sections 1471
through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable
and not materially more onerous to comply with), any current or future United States Treasury Regulations promulgated thereunder
or official administrative interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code,
such Code section as of the date of this Agreement (or any amended or successor version described above), or any intergovernmental
agreements (or related laws, regulations or official administrative guidance) implementing the foregoing.

 

“Federal Funds Rate”
shall mean, for any day, the rate per annum calculated by the Federal Reserve Bank of New York based on such day’s federal
funds transactions by depository institutions (as determined in such manner as of the Federal Reserve Bank of New York shall set
forth on its public website from time to time) and published on the next succeeding Business Day by the Federal Reserve Bank of
New York as the federal funds effective rate; provided that if the Federal Funds Rate as so determined would be less than
zero, such rate shall be deemed to be zero for purposes of this Agreement.

 

“Financial Officer” of
any person shall mean the Chief Financial Officer, principal accounting officer, Treasurer, Assistant Treasurer, Controller or
other executive responsible for the financial affairs of such person.

 

“First Lien Notes” shall
mean $500,000,000 in aggregate principal amount of senior first lien secured notes due 2025 issued by the Borrower on the Closing
Date.

 

“First Lien Notes Agent”
shall mean The Bank of New York Mellon Trust Company, N.A., as the trustee under the indenture governing the First Lien Notes or
any successor thereto acting in such capacity.

 

“First Lien Secured Net Leverage
Ratio” shall mean, as of any date of determination, the ratio of (a) the remainder of (x) Consolidated Secured Net Debt
as of such date minus (y) amounts included in clause (i) of the definition of “Consolidated Secured Net Debt” which
are secured only by Junior Liens, to (b) Adjusted Consolidated EBITDA for the most recently ended Test Period for which financial
statements of Parent have been delivered as required by this Agreement, all determined on a consolidated basis in accordance with
GAAP; provided that each of Consolidated Secured Net Debt and Adjusted Consolidated EBITDA shall be determined for the relevant
Test Period on a Pro Forma Basis.

 

    30

     

    

 

“First Lien Secured Gross Leverage
Ratio” shall mean, as of any date of determination, the ratio of (a) the remainder of (x) Consolidated Secured Debt as
of such date minus (y) amounts included in clause (i) of the definition of “Consolidated Secured Debt” which are secured
only by Junior Liens, to (b) Adjusted Consolidated EBITDA for the most recently ended Test Period for which financial statements
of Parent have been delivered as required by this Agreement, all determined on a consolidated basis in accordance with GAAP; provided
that each of Consolidated Secured Debt and Adjusted Consolidated EBITDA shall be determined for the relevant Test Period on a Pro
Forma Basis.

 

“First-Tier Foreign Subsidiary”
means any Foreign Subsidiary, all, or any portion, of the Equity Interests of which are owned or held directly by a Loan Party.

 

“Fixed Charge Coverage Ratio”
shall mean, the ratio of (1) Adjusted Consolidated EBITDA of Parent and its Subsidiaries for the most recent period of four consecutive
fiscal quarters for which financial statements have been (or were required to be) delivered pursuant to Section 5.04(a)
or 5.04(b) immediately preceding the date on which such calculation of the Fixed Charge Coverage Ratio is made, calculated
on a Pro Forma Basis for such period to (2) the Fixed Charges of Parent and its Subsidiaries for such period calculated on a Pro
Forma Basis.

 

“Fixed Charges” shall
mean the sum of, without duplication,

 

(a)              
the consolidated interest expense of Parent and its Subsidiaries for such period, whether paid or accrued, to the
extent such expense was deducted in computing Consolidated Net Income, including, without limitation, amortization of original
issue discount, the interest component of all payments associated with Capitalized Lease Obligations, and the net of the effect
of all payments made or received pursuant to Hedging Agreements in respect of interest rates (but excluding any non-cash interest
expense attributable to the mark-to-market valuation of Hedging Agreements or other derivatives pursuant to GAAP) and excluding
(i) penalties and interest relating to taxes, (ii) amortization or write-off of deferred financing fees and expensing of any other
financing fees, including any expensing of bridge or commitment fees, (iii) any additional cash interest owing pursuant to any
registration rights agreement, (iv) the non-cash portion of interest expense resulting from the reduction in the carrying value
under purchase accounting of such person’s outstanding Indebtedness, (v) commissions, discounts, yield and other fees and
charges (including any interest expense) related to any Securitization Transaction or Qualified Receivables Facility, (vi) annual
agency fees paid to the administrative agents and collateral agents under this Agreement, (vii) costs associated with obtaining
Hedging Agreements, (viii) any expense resulting from the discounting of any Indebtedness in connection with the application of
recapitalization accounting or, if applicable, purchase accounting in connection with the any acquisition, (ix) any accretion of
accrued interest on discounted liabilities and any prepayment premium or penalty and (x) interest expense resulting from push-down
accounting; provided that, for purposes of calculating consolidated interest expense, no effect will be given to the discount and/or
premium resulting from the bifurcation of derivatives under ASC 815, Derivatives and Hedging, as a result of the terms of the Indebtedness
to which such consolidated interest expense applies; plus

 

(b)              
the consolidated interest expense of Parent and its Subsidiaries that was capitalized during such period; plus

 

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(c)              
 all cash dividends, whether paid or accrued, on any series of Disqualified Stock of Parent or any of its Subsidiaries
or preferred stock of any non-Guarantor Subsidiary, excluding items eliminated in consolidation, in each case, determined on a
consolidated basis in accordance with GAAP; minus

 

(d)              
the consolidated interest income of Parent and its Subsidiaries for such period, whether received or accrued, to
the extent such income was included in determining Consolidated Net Income.

 

“Flood Documentation”
shall mean with respect to each Mortgaged Property located in the United States of America or any territory thereof, (i) a completed
 “life-of-loan” Federal Emergency Management Agency standard flood hazard determination (and to the extent a Mortgaged
Property is located in a Special Flood Hazard Area, a notice about Special Flood Hazard Area status and flood disaster assistance
duly executed by the Borrower) and (ii) with respect to any Mortgaged Property located in a Special Flood Hazard Area, a copy of,
or a certificate as to coverage under, and a declaration page relating to, the insurance policies, along with a copy of the underlying
policies (if requested by the Administrative Agent) required by Section 5.02(b) hereof and the applicable provisions
of the Security Documents, each of which shall (A) be endorsed or otherwise amended to include a “standard” or “New York”
lender’s loss payable or mortgagee endorsement (as applicable), (B) name the Collateral Agent, on behalf of the Secured Parties,
as additional insured and lender’s loss payee/mortgagee, (C) identify the address of each property located in a Special Flood
Hazard Area, the applicable flood zone designation and the flood insurance coverage and deductible relating thereto and (D) be
otherwise in form and substance reasonably satisfactory to the Collateral Agent and each of the Lenders, subject to the provisions
of Sections 5.02(a) and 5.02(b).

 

“Flood Insurance Laws”
shall mean, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto,
(ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (iii) the National
Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, (iv) the Flood Insurance Reform
Act of 2004 as now or hereafter in effect or any successor statute thereto and (v) the Biggert-Waters Flood Insurance Reform Act
of 2012 as now or hereafter in effect or any successor statute thereto.

 

“Foreign Lender” shall
mean a Lender that is not a U.S. Person.

 

“Foreign Subsidiary”
shall mean any Subsidiary that is not incorporated or organized under the laws of the United States of America, any state thereof
or the District of Columbia.

 

“FSHCO” shall mean any
U.S. Subsidiary that owns no material assets (directly or through subsidiaries) other than the Equity Interests of one or more
Foreign Subsidiaries of the Parent that are CFCs.

 

“GAAP” shall mean generally
accepted accounting principles in effect from time to time in the United States of America, applied on a consistent basis, subject
to the provisions of Section 1.02.

 

    32

     

    

 

“Governmental Authority”
shall mean any federal, state, local or foreign court or governmental agency, authority, instrumentality or regulatory or legislative
body (including any applicable supranational bodies, such as the European Union or the European Central Bank).

 

“Guarantee” of or by
any person (the “guarantor”) shall mean (a) any obligation, contingent or otherwise, of the guarantor guaranteeing
or having the economic effect of guaranteeing any Indebtedness or other monetary obligation payable or performable by another person
(the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the guarantor,
direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other
obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness
or other obligation of the payment thereof, (iii) to maintain working capital, equity capital or any other financial statement
condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation
or (iv) entered into for the purpose of assuring in any other manner the holders of such Indebtedness or other obligation of the
payment thereof or to protect such holders against loss in respect thereof (in whole or in part), or (b) any Lien on any assets
of the guarantor securing any Indebtedness or other obligation (or any existing right, contingent or otherwise, of the holder of
Indebtedness or other obligation to be secured by such a Lien) of any other person, whether or not such Indebtedness or other obligation
is assumed by the guarantor (other than Liens on Equity Interests of Unrestricted Subsidiaries securing Indebtedness of such Unrestricted
Subsidiaries); provided, however, that the term “Guarantee” shall not include endorsements of instruments
for deposit or collection in the ordinary course of business or customary and reasonable indemnity obligations in effect on the
Closing Date or entered into in connection with any acquisition or Disposition of assets permitted by this Agreement (other than
such obligations with respect to Indebtedness). The amount of any Guarantee shall be deemed to be an amount equal to the stated
or determinable amount of the Indebtedness or other obligation in respect of which such Guarantee is made or, if not stated or
determinable, the maximum reasonably anticipated liability in respect thereof as determined by such person in good faith. The amount
of the Indebtedness or other obligation subject to any Guarantee provided by any person for purposes of clause (b) above shall
(unless the applicable Indebtedness has been assumed by such person or is otherwise recourse to such person) be deemed to be equal
to the lesser of (A) the aggregate unpaid amount of such Indebtedness or other obligation and (B) the Fair Market Value of the
property encumbered thereby.

 

“Guarantee Agreement”
shall mean the Guarantee Agreement substantially in the form of Exhibit J dated as of the Closing Date, as may be amended,
restated, supplemented or otherwise modified from time to time, between each Guarantor and the Collateral Agent.

 

“guarantor” shall have
the meaning assigned to such term in the definition of the term “Guarantee.”

 

“Guarantors” shall mean
each of:

 

(i)                 each
Subsidiary of Parent (other than the Borrower) that is or becomes a Loan Party on the Closing Date or pursuant to Section 5.10(d),
whether existing on the Closing Date or established, created or acquired after the Closing Date, unless and until such time
as such Subsidiary is released from its obligations under the Guarantee Agreement in accordance with the terms and provisions
hereof or thereof,

 

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(ii)             
Parent, and

 

(iii)           
solely with regard to the Additional Obligations of each Subsidiary of Parent, the Borrower.

 

“Hazardous Materials”
shall mean all pollutants, contaminants, wastes, chemicals, materials, substances and constituents, including, without limitation,
explosive or radioactive substances or petroleum by products or petroleum distillates, asbestos or asbestos-containing materials,
polychlorinated biphenyls, radon gas or pesticides, fungicides, fertilizers or other agricultural chemicals, of any nature subject
to regulation or which can give rise to liability under any Environmental Law.

 

“Hedge Bank” shall mean
(i) any person that is an Agent, an Arranger, a Lender or an Affiliate of any such person (a) at the time that it enters into a
Hedging Agreement, or (b) with respect to Hedging Agreements existing on the Closing Date, on the Closing Date, in each case, in
its capacity as a party to such Hedging Agreement and (ii) any other person that enters into a Hedging Agreement with Parent or
any Subsidiary and that is a commercial or investment bank designated by the Borrower as a “Hedge Bank” by written
notice to the Administrative Agent.

 

“Hedging Agreement” shall
mean 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 credit spread transaction, repurchase
transaction, reserve repurchase transaction, securities lending transaction, weather index transaction, spot contracts, fixed price
physical delivery contracts, or any similar transaction or any combination of these transactions, in each case of the foregoing,
whether or not exchange traded; 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 Parent or any of the Subsidiaries shall
be a Hedging Agreement.

 

“Historical Financial Statements”
has the meaning given in Section 3.05.

 

“Immaterial Foreign
Subsidiary” shall mean any Foreign Subsidiary that (a) did not, as of the last day of the fiscal quarter of Parent
most recently ended for which financial statements have been (or were required to be) delivered pursuant to Section 5.04(a)
or 5.04(b), have assets with a value in excess of 5.0% of the Consolidated Total Assets as of such date or revenues
representing in excess of 5.0% of total revenues of Parent and the Subsidiaries on a consolidated basis for the most recent
period of four consecutive fiscal quarters for which financial statements have been (or were required to be) delivered
pursuant to Section 5.04(a) or 5.04(b), and (b) taken together with all such Subsidiaries that are
First-Tier Foreign Subsidiaries as of such date, did not have assets with a value in excess of 5.0% of Consolidated Total
Assets as of such date or revenues representing in excess of 5.0% of total revenues of Parent and the Subsidiaries on a
consolidated basis for the most recent period of four consecutive fiscal quarters for which financial statements have been
(or were required to be) delivered pursuant to Section 5.04(a) or 5.04(b).

 

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“Immaterial Subsidiary”
shall mean any Subsidiary that (a) did not, as of the last day of the fiscal quarter of Parent most recently ended for which financial
statements have been (or were required to be) delivered pursuant to Section 5.04(a) or 5.04(b), have assets
with a value in excess of 5.0% of the Consolidated Total Assets as of such date or revenues representing in excess of 5.0% of total
revenues of Parent and the Subsidiaries on a consolidated basis for the most recent period of four consecutive fiscal quarters
for which financial statements have been (or were required to be) delivered pursuant to Section 5.04(a) or 5.04(b),
and (b) taken together with all such Subsidiaries (other than any such Subsidiary that is a Loan Party or Excluded Subsidiary described
in clauses (b) through (l) of such definition) as of such date, did not have assets with a value in excess of 5.0% of Consolidated
Total Assets as of such date or revenues representing in excess of 5.0% of total revenues of Parent and the Subsidiaries on a consolidated
basis for the most recent period of four consecutive fiscal quarters for which financial statements have been (or were required
to be) delivered pursuant to Section 5.04(a) or 5.04(b).

 

“Impacted Loans” shall
have the meaning specified in Section 2.14(a).

 

“Impending Acquisition”
means the acquisition of the outstanding equity of Short Brothers plc and Bombardier Aerospace North Africa SAS, and certain other
assets, pursuant to that certain Agreement, dated as of October 31, 2019, by and among Bombardier, Inc., Bombardier Aerospace UK
Limited, Bombardier Finance Inc., Bombardier Services Corporation, Spirit AeroSystems Global Holdings Limited, and the Borrower,
as such agreement may be amended, modified or replaced (with substantially the same counterparties) from time to time.

 

“Increased Amount” of
any Indebtedness shall mean any increase in the amount of such indebtedness in connection with any accrual of interest, the accretion
of accreted value, the amortization of original issue discount, the payment of interest in the form of additional indebtedness
or in the form of common stock of Parent, the accretion of original issue discount or liquidation preference, any fees, underwriting
discounts, accrued and unpaid interest, premiums and other costs and expenses incurred in connection therewith and increases in
the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the
value of property securing indebtedness.

 

“Incremental Amount”
shall mean, at any time,

 

(I)        in
the case of any Incremental Facility secured equally and ratably with the existing Term Loans, the greater of:

 

(a)              
the excess (if any) of (i) $950,000,000 over (ii) the sum of (x) the aggregate amount of all Incremental Term
Loan Commitments secured equally and ratably with the existing Term Loans established after the Closing Date and prior to such
time and outstanding pursuant to this clause (I)(a) and (y) the aggregate principal amount of Indebtedness secured equally
and ratably with the existing Term Loans outstanding pursuant to Section 6.01(v) at such time; and

 

    35

     

    

 

(b)              
 any amounts so long as immediately after giving effect to the establishment of the commitments in respect thereof
and the use of proceeds of the loans thereunder, the First Lien Secured Net Leverage Ratio is not greater than 3.25 to 1.00 tested
on a Pro Forma Basis (which, for the avoidance of doubt, will give effect to any Permitted Acquisition consummated concurrently
therewith) only on the date of the initial incurrence of the applicable Incremental Facility (except as set forth in clause (C)
of the third paragraph under Section 6.01); provided that, in calculating the First Lien Secured Net Leverage
Ratio for purposes of this clause (b), the net cash proceeds of any Indebtedness incurred in reliance on this clause (b) at
such time shall not be considered Unrestricted Cash; and

 

(II) in the case of any Incremental Facility
secured on a junior basis to the existing Term Loans, the greater of:

 

(a)              
the excess (if any) of (i) $500,000,000 over (ii) the sum of (x) the aggregate amount of all Incremental Term Loan
Commitments secured on a junior basis to the existing Term Loans established after the Closing Date and prior to such time and
outstanding pursuant to this clause (II)(a) and (y) the aggregate principal amount of Indebtedness secured on a junior basis
to the existing Term Loans outstanding pursuant to Section 6.01(v) at such time; and

 

(b)              
any amounts so long as immediately after giving effect to the establishment of the commitments in respect thereof
and the use of proceeds of the loans thereunder, the Secured Net Leverage Ratio is not greater than 5.00 to 1.00 tested on a Pro
Forma Basis (which, for the avoidance of doubt, will give effect to any Permitted Acquisition consummated concurrently therewith)
only on the date of the initial incurrence of the applicable Incremental Facility (except as set forth in clause (C) of the third
paragraph under Section 6.01); provided that, in calculating the Secured Net Leverage Ratio for purposes of this clause (b),
the net cash proceeds of any Indebtedness incurred in reliance on this clause (b) at such time shall not be considered Unrestricted
Cash.

 

“Incremental Assumption Agreement”
shall mean an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among
the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders.

 

“Incremental Facility”
shall mean the Incremental Term Loan Commitments and the Incremental Term Loans made thereunder.

 

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

 

“Incremental Term Loan Commitment”
shall mean the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Term Loans to the
Borrower.

 

“Incremental Term Loans”
shall mean (i) Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(b) consisting of additional
Initial Term Loans and (ii) to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption
Agreement, Other Incremental Term Loans.

 

“Indebtedness” of any
person shall mean, without duplication,

 

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(a)              
 all obligations of such person for borrowed money,

 

(b)              
all obligations of such person evidenced by bonds, debentures, notes or similar instruments (except any such obligation
issued in the ordinary course of business with a maturity date of no more than six months in a transaction intended to extend payment
terms of trade payables or similar obligations to trade creditors incurred in the ordinary course of business),

 

(c)              
all obligations of such person under conditional sale or other title retention agreements relating to property or
assets purchased by such person (except any such obligation that constitutes a trade payable or similar obligation to a trade creditor
incurred in the ordinary course of business),

 

(d)              
all obligations of such person issued or assumed as the deferred purchase price of property or services (except any
such balance that (i) constitutes a trade payable or similar obligation to a trade creditor incurred in the ordinary course of
business, (ii) any earn-out obligations until such obligation becomes a liability on the balance sheet of such person in accordance
with GAAP and (iii) liabilities accrued in the ordinary course of business; it being understood that, for the avoidance of doubt,
obligations owed to banks and other financial institutions in connection with any arrangement whereby a bank or other institution
purchases payables described in clause (i) above owed by Parent or its Subsidiaries shall not constitute Indebtedness) which purchase
price is due more than six months after the date of placing the property in service or taking delivery and title thereto,

 

(e)              
all Guarantees by such person of Indebtedness of others,

 

(f)               
all Capitalized Lease Obligations of such person,

 

(g)              
net obligations under any Hedging Agreements,

 

(h)              
the principal component of all obligations, contingent or otherwise, of such person as an account party in respect
of letters of credit that have been drawn,

 

(i)                
the principal component of all obligations of such person in respect of bankers’ acceptances,

 

(j)                
the amount of all obligations of such person with respect to the redemption, repayment or other repurchase of any
Disqualified Stock (excluding accrued dividends that have not increased the liquidation preference of such Disqualified Stock),

 

(k)              
all Indebtedness of others secured by any Lien on property owned or acquired by such person (other than Liens on
Equity Interests of Unrestricted Subsidiaries securing Indebtedness of such Unrestricted Subsidiaries), whether or not the Indebtedness
secured thereby has been assumed, and

 

(l)                
all Attributable Receivables Indebtedness with respect to Qualified Receivables Facilities and obligations in respect
of Qualified Securitization Transactions,

 

    37

     

    

 

if and to the extent any of the
preceding items (other than letters of credit) would appear as a liability upon a balance sheet of such person prepared in
accordance with GAAP; provided that (i) contingent obligations incurred in the ordinary course of business or
consistent with past practice, (ii) any balance that constitutes a trade payable, accrued expense or similar obligation
to a trade creditor, in each case incurred in the ordinary course of business, (iii) intercompany liabilities that would
be eliminated on the consolidated balance sheet of Parent and its Subsidiaries, (iv) prepaid or deferred revenue arising
in the ordinary course of business, (v) in connection with the purchase by Parent or any Subsidiary of any business, assets,
Equity Interests or person, any postclosing payment adjustments to which the seller may become entitled to the extent such
payment is determined by a final closing balance sheet or such payment depends on the performance of such business after the
closing; provided, however, that, at the time of closing, the amount of any such payment is not determinable
and, to the extent such payment thereafter becomes fixed and determined, the amount is paid in a timely manner,
(vi) obligations, to the extent such obligations would otherwise constitute Indebtedness, under any agreement that have
been irrevocably defeased or irrevocably satisfied and discharged pursuant to the terms of such agreement, (vii) for the
avoidance of doubt, any obligations in respect of workers’ compensation claims, early retirement or termination
obligations, deferred compensatory or employee or director equity plans pension fund obligations or contributions or similar
claims, obligations or contributions or social security or wage taxes, (viii) obligations or liabilities in respect of any
Permitted Bond Hedge Transactions, (ix) any obligations in respect of Advance Payments, except following a Discontinuance
Event with respect to the applicable contract, in which case, “Indebtedness” shall include an amount equal to the
lesser of (A) the aggregate amount of Advance Payments made by the applicable customer under the applicable contract, less
the sum of (I) the aggregate amount of Advance Payments under the applicable contract theretofore repaid to the applicable
customer or otherwise satisfied or forgiven, plus (II) any Advance Payments that are not required to be repaid under the
applicable contract as a result of such Discontinuance Event, and (B) the amount agreed in writing between Parent or the
applicable Subsidiary, on one hand, and the applicable customer, on the other hand, in settlement of any repayment
obligations owing to the applicable customer in respect of Advance Payments under the applicable contract as a result of such
Discontinuance Event, (x) obligations and/or liabilities under any Permitted Incentive Program, to the extent that such
obligations and/or liabilities satisfy both of the following two (2) requirements, (A) such obligations and/or liabilities do
not constitute indebtedness on the balance sheet of such person in accordance with GAAP, and (B) such obligations and/or
liabilities are not secured by a Lien on any property of Parent or any Subsidiary (regardless of whether such obligations
and/or liabilities constitute indebtedness on the balance sheet of such person in accordance with GAAP) or (xi) obligations
and/or liabilities under any Qualifying IRB Financing, in each case, shall be deemed not to constitute Indebtedness. The
amount of Indebtedness of any person for purposes of clause (g) above on any date shall be deemed to be the Swap Termination
Value thereof as of such date. The amount of Indebtedness of any person for purposes of clause (k) above shall (unless such
Indebtedness has been assumed by such person) be deemed to be equal to the lesser of (A) the aggregate unpaid amount of such
Indebtedness and (B) the Fair Market Value of the property encumbered thereby. Notwithstanding anything in this Agreement to
the contrary, Indebtedness shall not include, and shall be calculated without giving effect to, the effects of Financial
Accounting Standards Board Accounting Standards Codification 825 and related interpretations to the extent such effects would
otherwise increase or decrease an amount of Indebtedness for any purpose under this Agreement as a result of accounting for
any embedded derivatives created by the terms of such Indebtedness and any such amounts that would have constituted
Indebtedness under this Agreement but for the application of this sentence shall not be deemed an incurrence of Indebtedness
under this Agreement.

 

    38

     

    

 

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

 

“Indemnified Taxes” shall
mean all Taxes imposed on or with respect to any payment by or on account of any obligation of any Loan Party hereunder or under
any other Loan Document other than (a) Excluded Taxes and (b) Other Taxes.

 

“Information” shall have
the meaning assigned to such term in Section 3.14(a).

 

“Initial Term Borrowing”
shall mean any Borrowing comprised of Initial Term Loans.

 

“Initial Term Facility”
shall mean the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

 

“Initial Term Facility Maturity
Date” shall mean January 15, 2025.

 

“Initial Term Loan Commitment”
shall mean, with respect to each Term Lender, the commitment of such Term Lender to make Initial Term Loans hereunder. The amount
of each Term Lender’s Initial Term Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The
aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $400,000,000.

 

“Initial Term Loan Installment
Date” shall have the meaning assigned to such term in Section 2.10(a)(i).

 

“Initial Term Loans”
shall mean (a) the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(a) and (b) any Incremental
Term Loans in the form of additional Initial Term Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(b).

 

“Insurance Subsidiary”
shall have the meaning assigned to such term in Section 6.04(y).

 

“Intellectual Property”
shall mean the following intellectual property rights, both statutory and common law rights, if applicable: (a) copyrights, registrations
and applications for registration thereof, (b) trademarks, service marks, trade names, slogans, domain names, logos, trade dress,
and registrations and applications of registrations thereof, (c) patents, as well as any reissued and reexamined patents and extensions
corresponding to the patents and any patent applications, as well as any related continuation, continuation in part and divisional
applications and patents issuing therefrom and (d) trade secrets and confidential information, including ideas, designs, concepts,
compilations of information, methods, techniques, procedures, processes and other know-how, whether or not patentable.

 

“Intercreditor Agreement”
shall have the meaning assigned to such term in Section 8.10.

 

    39

     

    

 

“Interest Election Request”
shall mean a request by the Borrower to convert or continue a Borrowing in accordance with Section 2.07 and substantially
in the form of Exhibit E or such other form as may be approved by the Administrative Agent (including any form on an
electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed
and signed by a Responsible Officer of the Borrower.

 

“Interest Payment Date”
shall mean, (a) with respect to any Eurodollar Rate Loan, (i) the last day of the Interest Period applicable to the Borrowing of
which such Term Loan is a part and the Term Facility Maturity Date, (ii) in the case of a Eurodollar Rate Borrowing with an Interest
Period of more than three months’ duration, each day that would have been an Interest Payment Date had successive Interest
Periods of three months’ duration been applicable to such Borrowing and (iii) in addition, the date of any refinancing or
conversion of such Borrowing with or to a Borrowing of a different Type and (b) with respect to any Base Rate Loan, the last Business
Day of each calendar quarter and the Term Facility Maturity Date.

 

“Interest Period” shall
mean, as to any Borrowing of Eurodollar Rate Loans, the period commencing on the date of such Borrowing or on the last day of the
immediately preceding Interest Period applicable to such Borrowing, as applicable, and ending on the numerically corresponding
day (or, if there is no numerically corresponding day, on the last Business Day) in the calendar month that is 1, 2, 3 or 6 months
thereafter (or, to the extent agreed to by all Lenders with commitments or Term Loans under the applicable Facility, 12 months
or periods shorter than 1 month as are satisfactory to the Administrative Agent), as the Borrower may elect; provided, however,
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 Rate Loan that begins
on the last Business Day of a calendar month (or a day for which there is no numerically corresponding day in the calendar month
at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period
and (iii) no Interest Period shall extend beyond the Term Facility Maturity Date. Interest shall accrue from and including the
first day of an Interest Period to but excluding the last day of such Interest Period. Notwithstanding anything to the contrary
herein, the initial Interest Period shall commence on the Closing Date and end on October 30, 2020.

 

“Investment” shall have
the meaning assigned to such term in Section 6.04.

 

“IRS” shall mean the
U.S. Internal Revenue Service.

 

“Joint Bookrunners” shall
mean, collectively, Bank of America, N.A., Goldman Sachs Bank USA, Morgan Stanley Senior Funding, Inc. and Citigroup Global Markets
Inc.

 

“Joint Lead Arrangers”
shall mean, collectively, Bank of America, N.A., Goldman Sachs Bank USA, Morgan Stanley Senior Funding, Inc. and Citigroup Global
Markets Inc.

 

“Judgment Currency” shall
have the meaning assigned to such term in Section 9.21.

 

    40

     

    

 

“Junior Debt Restricted
Payment” shall mean, any payment or other distribution (whether in cash, securities or other property), directly or
indirectly made by Parent or any if its Subsidiaries, of or in respect of principal on (x) any Senior Notes (other than the
2021 Notes) (or any Indebtedness incurred as Permitted Refinancing Indebtedness in respect thereof), (y) Indebtedness (other
than intercompany Indebtedness) that is by its terms subordinated in right of payment to the Loan Obligations or (z) any
Indebtedness secured on a junior lien basis to the Loan Obligations (each of the foregoing, a “Junior
Financing”); provided, that the following shall not constitute a Junior Debt Restricted Payment:

 

(a)              
Refinancings with any Permitted Refinancing Indebtedness permitted to be incurred under Section 6.01;

 

(b)              
payments of regularly-scheduled interest and fees due thereunder, other non-principal payments thereunder, any mandatory
prepayments of principal, interest and fees thereunder, scheduled payments thereon necessary to avoid the Junior Financing from
constituting “applicable high yield discount obligations” within the meaning of Section 163(i)(l) of the Code, and,
to the extent this Agreement is then in effect, principal on the scheduled maturity date of any Junior Financing;

 

(c)              
payments or distributions in respect of all or any portion of the Junior Financing with the proceeds from the issuance,
sale or exchange by Parent of Qualified Equity Interests within eighteen months prior thereto; provided, that such proceeds
are not included in any determination of the Available Amount; or

 

(d)              
the conversion of any Junior Financing to Qualified Equity Interests of Parent.

 

“Junior Financing” shall
have the meaning assigned to such term in the definition of the term “Junior Debt Restricted Payment.”

 

“Junior Liens” shall
mean Liens on the Collateral that are junior to the Liens thereon securing the Loan Obligations pursuant to a Permitted Junior
Intercreditor Agreement (it being understood that Junior Liens are not required to rank equally and ratably with other Junior Liens,
and that Indebtedness secured by Junior Liens may be secured by Liens that are senior in priority to, or rank equally and ratably
with, or junior in priority to, other Liens constituting Junior Liens), which Permitted Junior Intercreditor Agreement (together
with such amendments to the Security Documents and any other Intercreditor Agreements, if any, as are reasonably necessary or advisable
(and reasonably acceptable to the Collateral Agent) to give effect to such Liens) shall be entered into in connection with a permitted
incurrence of any such Liens, or the applicable agent or representative for the Indebtedness secured by such Liens shall accede
to or join a Permitted Junior Intercreditor Agreement (unless a Permitted Junior Intercreditor Agreement and/or Security Documents
(as applicable) covering such Liens are already in effect).

 

“Latest Maturity Date”
shall mean, at any date of determination, the latest Term Facility Maturity Date, in each case then in effect on such date of determination.

 

“Lender” shall mean each
financial institution listed on Schedule 2.01 (other than any such person that has ceased to be a party hereto pursuant
to an Assignment and Acceptance in accordance with Section 9.04), as well as any person that becomes a “Lender”
hereunder pursuant to Section 9.04, Section 2.21, Section 2.22 or Section 2.23.

 

    41

     

    

 

“Lending Office” shall
mean, as to any Lender, the office or offices of such Lender described as such in such Lender’s Administrative Questionnaire,
or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent, which office
may include any Affiliate of such Lender or any domestic or foreign branch of such Lender or such Affiliate. Unless the context
otherwise requires each reference to a Lender shall include its applicable Lending Office.

 

“Letter of Credit Issuer”
shall mean (i) any person that is an Agent, an Arranger, a Lender or an Affiliate of any such person at the time that it issues
a letter of credit for the account of Parent or any of its Subsidiaries and (ii) any other person that issues a letter of credit
for the account of Parent or any of its Subsidiaries and that is a commercial or investment bank designated by the Borrower as
a “Letter of Credit Issuer” by written notice to the Administrative Agent.

 

“LIBOR” shall have the
meaning specified in clause (a) of the definition of “Eurodollar Rate”.

 

“LIBOR Screen Rate” shall
mean the LIBOR quote on the applicable screen page the Administrative Agent designates to determine LIBOR (or such other commercially
available source providing such quotations as may be designated by the Administrative Agent from time to time).

 

“LIBOR Successor Rate”
shall have the meaning specified in Section 2.14(c)(i).

 

“LIBOR Successor Rate Conforming
Changes” means, with respect to any proposed LIBOR Successor Rate, any conforming changes to the definition of Base Rate,
Interest Period, timing and frequency of determining rates and making payments of interest and other technical, administrative
or operational matters as may be appropriate, in the discretion of the Administrative Agent, to reflect the adoption and implementation
of such LIBOR Successor Rate and to permit the administration thereof by the Administrative Agent in a manner substantially consistent
with market practice (or, if the Administrative Agent determines that adoption of any portion of such market practice is not administratively
feasible or that no market practice for the administration of such LIBOR Successor Rate exists, in such other manner of administration
as the Administrative Agent determines is reasonably necessary in connection with the administration of this Agreement).

 

“Lien” shall mean, with
respect to any asset, (a) any mortgage, deed of trust, lien, hypothecation, pledge, charge, security interest or similar monetary
encumbrance in or on such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease
or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating
to such asset; provided, that in no event shall an operating lease or an agreement to sell be deemed to constitute a Lien.

 

“Limited Condition
Transaction” shall mean any acquisition, including by means of a merger, amalgamation or consolidation, or other
investment by Parent or one or more of its subsidiaries, the consummation of which is not conditioned upon the availability
of, or on obtaining, third-party financing or in connection with which any fee or expense would be payable by Parent or its
subsidiaries to the seller or target in the event financing to consummate the acquisition or other investment is not obtained
as contemplated by the definitive acquisition or investment agreement.

 

    42

     

    

 

“Loan Documents” shall
mean (i) this Agreement, (ii) the Guarantee Agreement, (iii) the Security Documents, (iv) each Incremental Assumption Agreement,
(v) each Extension Amendment, (vi) each Refinancing Amendment, (vii) any Intercreditor Agreement and (viii) any Note issued under
Section 2.09(e).

 

“Loan Obligations” shall
mean (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest, fees and expenses (including
interest, fees and expenses accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding,
regardless of whether allowed or allowable in such proceeding) on the Term Loans made to the Borrower under this Agreement, when
and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary
obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay
fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed
or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other
similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all
obligations of each other Loan Party under or pursuant to each of the Loan Documents (including monetary obligations incurred during
the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable
in such proceeding).

 

“Loan Parties” shall
mean the Borrower and the Guarantors.

 

“Majority Lenders” of
any Facility shall mean, at any time, Lenders under such Facility having Term Loans representing more than 50% of the sum of all
Term Loans outstanding under such Facility at such time.

 

“Margin Stock” shall
have the meaning assigned to such term in Regulation U.

 

“Material Adverse Effect”
shall mean a material adverse effect on the business, property, operations or financial condition of Parent and its Subsidiaries,
taken as a whole, the validity or enforceability of any of the Loan Documents or the rights and remedies of the Administrative
Agent and the Lenders thereunder.

 

“Material Indebtedness”
shall mean Indebtedness (other than Term Loans) of any one or more of Parent or any Subsidiary in an aggregate principal amount
exceeding $100,000,000; provided that in no event shall any Qualified Receivables Facility be considered Material Indebtedness.

 

“Material Real
Property” shall mean any parcel of Real Property located in the United States and having a Fair Market Value (on a
per-property basis) greater than or equal to $10,000,000 as of (x) the Closing Date, for Real Property then owned or (y) the
date of acquisition, for Real Property acquired after the Closing Date, in each case as determined by Parent in good faith; provided,
that “Material Real Property” shall exclude all leasehold interests in Real Property.

 

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“Material Subsidiary”
shall mean any Subsidiary, other than an Immaterial Subsidiary.

 

“Maximum Rate” shall
have the meaning assigned to such term in Section 9.09.

 

“MFN Protection” shall
have the meaning specified in Section 2.21(b)(iii).

 

“Moody’s” shall
mean Moody’s Investors Service, Inc.

 

“Mortgaged Properties”
shall mean the Material Real Properties that are identified on Schedule 1.01(B) on the Closing Date (the “Closing
Date Mortgaged Properties”) and each additional Material Real Property encumbered by a Mortgage after the Closing Date
pursuant to Section 5.10.

 

“Mortgages” shall mean,
collectively, the mortgages, trust deeds, deeds of trust, deeds to secure debt, assignments of leases and rents, debentures, and
other security documents (including amendments to any of the foregoing) executed and delivered with respect to Mortgaged Properties
(either as stand-alone documents or forming part of other Security Documents), each in form and substance reasonably satisfactory
to the Collateral Agent and the Borrower, in each case, as amended, supplemented or otherwise modified from time to time.

 

“Multiemployer Plan”
shall mean a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which Parent or any Subsidiary or any ERISA Affiliate
(other than one considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Code Section 414) is making or accruing
an obligation to make contributions, or has within any of the preceding six plan years made or accrued an obligation to make contributions.

 

“Net Income” shall mean,
with respect to any person, the net income (loss) of such person, determined in accordance with GAAP and before any reduction in
respect of preferred stock dividends.

 

“Net Proceeds” shall
mean:

 

(a)              
100% of the cash proceeds actually received by Parent or any Subsidiary (including any cash payments received by
way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise,
but only as and when received) from any Asset Sale under Section 6.05(g), net of:

 

(i)                
attorneys’ fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums,
and related search and recording charges, transfer Taxes, deed or mortgage recording Taxes, other customary expenses and brokerage,
consultant and other customary fees actually incurred in connection therewith,

 

(ii)              required
payments of Indebtedness (other than Indebtedness incurred under the Loan Documents or Other First Lien Debt) and required
payments of other obligations relating to the applicable asset to the extent such Indebtedness or other obligations are
secured by a Lien permitted hereunder (other than pursuant to the Loan Documents, Other First Lien Debt and other than
obligations secured by a Junior Lien),

 

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(iii)           
repayments of Other First Lien Debt (limited to its proportionate share of such prepayment, based on the amount of
such then outstanding debt as a percentage of all then outstanding Indebtedness incurred under the Loan Documents (other than Other
Incremental Term Loans and Refinancing Term Loans that rank junior in right of security with the Initial Term Loans) and Other
First Lien Debt),

 

(iv)            
Taxes paid or payable (in the good faith determination of Parent) as a result thereof, and

 

(v)              
the amount of any reasonable reserve established in accordance with GAAP against any adjustment to the sale price
or any liabilities (other than any Taxes deducted pursuant to clause (i) or (iv) above) (x) related to any of the applicable
assets and (y) retained by Parent or any of the Subsidiaries including, without limitation, pension and other post-employment benefit
liabilities and liabilities related to environmental matters or against any indemnification obligations (provided that (1)
the amount of any reduction of such reserve (other than in connection with a payment in respect of any such liability), prior to
the date occurring 18 months after the date of the respective Asset Sale, shall be deemed to be cash proceeds of such Asset Sale
occurring on the date of such reduction and (2) the amount of any such reserve that is maintained as of the date occurring 18 months
after the date of the applicable Asset Sale shall be deemed to be Net Proceeds from such Asset Sale as of such date);

 

provided, that, to the extent such
proceeds are intended to be used within 365 days of such receipt, to acquire, maintain, develop, construct, improve, upgrade or
repair assets useful in the business of Parent and the Subsidiaries or to make Permitted Acquisitions and other Investments permitted
hereunder (excluding Permitted Investments or intercompany Investments in Subsidiaries) or to reimburse the cost of any of the
foregoing incurred on or after the date on which the Asset Sale giving rise to such proceeds was contractually committed (other
than inventory), such portion of such proceeds shall not constitute Net Proceeds except to the extent not, within 365 days of such
receipt, so used or contractually committed to be so used (it being understood that if any portion of such proceeds are not so
used within such 365 day period but within such 365 day period are contractually committed to be used, then such remaining portion
if not so used within 180 days following the end of such 365 day period shall constitute Net Proceeds as of such date without giving
effect to this proviso); provided, further, that no net cash proceeds calculated in accordance with the foregoing
realized in a single transaction or series of related transactions shall constitute Net Proceeds unless such net cash proceeds
shall exceed (i) $25,000,000 individually and (ii) $50,000,000 in the aggregate (and thereafter only net cash proceeds in excess
of such amount shall constitute Net Proceeds);

 

(b)              
100% of the cash proceeds actually received by Parent or any Subsidiary (including casualty insurance settlements
and condemnation awards, but only as and when received) from any Recovery Event, net of:

 

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(i)                
 attorneys’ fees, accountants’ fees, transfer Taxes, deed or mortgage recording Taxes on such asset,
other customary expenses and brokerage, consultant and other customary fees actually incurred in connection therewith,

 

(ii)             
required payments of Indebtedness (other than Indebtedness incurred under the Loan Documents or Other First Lien
Debt) and required payments of other obligations relating to the applicable asset to the extent such Indebtedness or other obligations
are secured by a Lien permitted hereunder (other than pursuant to the Loan Documents, and Other First Lien Debt and other than
obligations secured by a Junior Lien),

 

(iii)           
repayments of Other First Lien Debt (limited to its proportionate share of such prepayment, based on the amount of
such then outstanding debt as a percentage of all then outstanding Indebtedness incurred under the Loan Documents (other than Other
Incremental Term Loans and Refinancing Term Loans that rank junior in right of security with the Initial Term Loans)) and Other
First Lien Debt,

 

(iv)            
Taxes paid or payable (in the good faith determination of Parent) as a result thereof,

 

(v)              
the amount of any reasonable reserve established in accordance with GAAP against any liabilities (other than any
Taxes deducted pursuant to clause (i) or (iv) above) (x) related to any of the applicable assets and (y) retained by Parent
or any of the Subsidiaries including, without limitation, pension and other post-employment benefit liabilities and liabilities
related to environmental matters (provided that (1) the amount of any reduction of such reserve (other than in connection
with a payment in respect of any such liability), prior to the date occurring 18 months after the date of the respective Recovery
Event, shall be deemed to be cash proceeds of such Recovery Event occurring on the date of such reduction and (2) the amount of
any such reserve that is maintained as of the date occurring 18 months after the date of the applicable Recovery Event shall be
deemed to be Net Proceeds from such Recovery Event as of such date);

 

provided, that, to the extent
such proceeds are intended to be used within 365 days of such receipt, to acquire, maintain, develop, construct, improve,
upgrade or repair assets useful in the business of Parent and the Subsidiaries or to make Permitted Acquisitions and other
Investments permitted hereunder (excluding Permitted Investments or intercompany Investments in Subsidiaries) or to reimburse
the cost of any of the foregoing incurred on or after the date on which the Recovery Event giving rise to such proceeds was
contractually committed (other than inventory, except to the extent the proceeds of such Recovery Event are received in
respect of inventory), such portion of such proceeds shall not constitute Net Proceeds except to the extent not, within 365
days of such receipt, so used or contractually committed to be so used (it being understood that if any portion of such
proceeds are not so used within such 365 day period but within such 365 day period are contractually committed to be used,
then such remaining portion if not so used within 180 days following the end of such 365 day period shall constitute Net
Proceeds as of such date without giving effect to this proviso); provided, further, that no net cash proceeds
calculated in accordance with the foregoing realized in a single transaction or series of related transactions shall
constitute Net Proceeds unless such net cash proceeds shall exceed (i) $25,000,000 individually and (ii) $50,000,000 in the
aggregate (and thereafter only net cash proceeds in excess of such amount shall constitute Net Proceeds); and

 

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(c)              
100% of the cash proceeds from the incurrence, issuance or sale by Parent or any Subsidiary of any Indebtedness (other
than Excluded Indebtedness, except for Refinancing Notes and Refinancing Term Loans), net of all fees (including investment banking
fees), commissions, costs, Taxes and other expenses, in each case incurred in connection with such issuance or sale.

 

“New Class Loans” shall
have the meaning assigned to such term in Section 9.08(f).

 

“Non-Consenting Lender”
shall have the meaning assigned to such term in Section 2.19(c).

 

“Non-Loan Party Investment Cap”
shall have the meaning assigned to such term in the definition of “Permitted Acquisition.”

 

“North Hangar Lease”
means, collectively, the Building Lease, dated as of October 14, 2016, by and between Air Capital Flight Line, LLC, as landlord,
and the Borrower, as tenant, as amended and supplemented from time to time (including any supplemental or similar leases with respect
to related buildings or property).

 

“Note” shall have the
meaning assigned to such term in Section 2.09(e).

 

“Not-for-Profit Subsidiary”
shall mean an entity, including entities qualifying under Section 501(c)(3) of the Code, that uses surplus revenue to achieve its
goals rather than distributing them as profit or dividends.

 

“Notice of Loan
Prepayment” means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit
O or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or
electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a
Responsible Officer of the Borrower.

 

“Obligations” shall mean,
collectively, (a) the Loan Obligations, (b) obligations of Parent and its Subsidiaries including non-Wholly Owned Subsidiaries,
if applicable, in respect of any Secured Cash Management Agreement, (c) obligations of Parent and its Subsidiaries including non-Wholly
Owned Subsidiaries, if applicable, in respect of any Secured Hedge Agreement, (d) obligations of Parent and its Subsidiaries in
respect of any Secured Letter of Credit in an aggregate face amount outstanding of up to $50,000,000 and (e) obligations of Parent
and its Subsidiaries in respect of any Secured Progress Payment Agreement in an aggregate amount outstanding of up to $75,000,000
(including, in each case, monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership, administration
or other similar proceeding, regardless of whether allowed or allowable in such proceeding).

 

“Other First Lien Debt”
shall mean the First Lien Notes, the 2026 Notes and other obligations secured by Other First Liens.

 

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“Other First Liens” shall
mean Liens on all or substantially all of the Collateral that are equal and ratable with the Liens thereon securing the Loan Obligations
pursuant to a Permitted First Lien Intercreditor Agreement, which Permitted First Lien Intercreditor Agreement (together with such
amendments to the Security Documents and any other Intercreditor Agreements, if any, as are reasonably necessary or advisable (and
reasonably acceptable to the Collateral Agent) to give effect to such Liens) shall be entered into in connection with a permitted
incurrence of any such Liens (unless a Permitted First Lien Intercreditor Agreement and/or Security Documents (as applicable) covering
such Liens are already in effect).

 

“Other Incremental Term Loans”
shall have the meaning assigned to such term in Section 2.21(a).

 

“Other Taxes” shall mean
all present or future stamp or documentary Taxes or any other excise, transfer, sales, property, intangible, mortgage recording
or similar Taxes arising from any payment made hereunder or under any other Loan Document or from the execution, registration,
delivery or enforcement of, consummation or administration of, from the receipt or perfection of security interest under, or otherwise
with respect to, any Loan Document, except any such Taxes that are imposed with respect to an assignment (other than an assignment
made pursuant to Section 2.19) as a result of any present or former connection between the Recipient and the jurisdiction
imposing such Tax (other than any such connection arising from such Recipient having executed, delivered, become party to, performed
its obligations under, received payments under, received, perfected or enforced a security interest under, engaged in any other
transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

 

“Other Term Facilities”
shall mean the Other Term Loan Commitments and the Other Term Loans made thereunder.

 

“Other Term Loan Commitments”
shall mean, collectively, (a) Incremental Term Loan Commitments and (b) commitments to make Refinancing Term Loans.

 

“Other Term Loan Installment Date”
shall have, with respect to any Class of Other Term Loans established pursuant to an Incremental Assumption Agreement, an Extension
Amendment or a Refinancing Amendment, the meaning assigned to such term in Section 2.10(a)(ii).

 

“Other Term Loans” shall
mean, collectively, (a) Other Incremental Term Loans, (b) Extended Term Loans and (c) Refinancing Term Loans.

 

“Parent” shall mean Spirit
AeroSystems Holdings, Inc., a Delaware corporation, and any permitted successor thereof.

 

“Participant” shall have
the meaning assigned to such term in Section 9.04(c)(i).

 

“Participant Register”
shall have the meaning assigned to such term in Section 9.04(c)(ii).

 

“PBGC” shall mean the
Pension Benefit Guaranty Corporation referred to and defined in ERISA.

 

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“Permitted Acquisition”
shall mean (i) the Impending Acquisition and (ii) any other acquisition by Parent or a Subsidiary of all or substantially all the
assets or business of, or all or substantially all the Equity Interests (other than directors’ qualifying shares) not previously
held by Parent and its Subsidiaries in, or merger, consolidation or amalgamation with, a person or business unit or division or
line of business of a person (or any subsequent investment made in a person or business unit or division or line of business previously
acquired in a Permitted Acquisition), if, in each case of this clause (ii):

 

i.       no
Event of Default shall have occurred and be continuing immediately after giving effect thereto or would result therefrom, provided,
however, that with respect to a proposed Limited Condition Transaction pursuant to an executed acquisition agreement, at
the option of Parent, the determination of whether such an Event of Default shall exist shall be made solely at the time of the
execution of the acquisition agreement related to such Permitted Acquisition;

 

ii.       any
acquired or newly formed Subsidiary shall not be liable for any Indebtedness except for Indebtedness permitted by Section 6.01;

 

iii.       to
the extent required by Section 5.10, any person acquired in such acquisition shall be merged into a Loan Party or become
upon consummation of such acquisition a Guarantor; and

 

iv.       the
aggregate cash consideration in respect of all such acquisitions and investments in assets that are not owned by the Loan Parties
or in Equity Interests in persons that are not Guarantors or do not become Guarantors, in each case upon consummation of such acquisition
(together with Investments by Loan Parties in Subsidiaries that are not Loan Parties pursuant to Section 6.04(b)(iv)(A)),
shall not exceed the sum of (X) the greater of $350,000,000 and 5.0% of Consolidated Total Assets when made (the “Non-Loan
Party Investment Cap”), plus (Y) (A) an amount equal to any returns (in the form of dividends or other distributions
or net sale proceeds) received by any Loan Party in respect of any assets not owned directly by Loan Parties or Equity Interests
in persons that are not Guarantors or do not become Guarantors that were acquired in such Permitted Acquisitions in reliance on
the basket in clause (X) above (excluding any such returns in excess of the amount originally invested) and (B) any amounts in
excess thereof that can be, and are, permitted as Investments (and treated as Investments) made under a clause of Section 6.04
(other than clause (k) thereof).

 

“Permitted Bond Hedge Transaction”
means any bond hedge, capped call or similar option transaction entered into in connection with the issuance of Permitted Convertible
Indebtedness.

 

“Permitted Business”
shall mean any business, service or activity that is the same as, or reasonably related, incidental, ancillary, complementary or
similar to, or that is a reasonable extension or development of, any of the businesses, services or activities in which Parent
and its Subsidiaries are engaged on the Closing Date.

 

“Permitted Convertible
Indebtedness” means any notes, bonds, debentures or similar instruments issued by Parent, the Borrower or one of
their Subsidiaries that are convertible into or exchangeable for (x) cash, (y) shares of Parent’s common stock or
preferred stock or other Equity Interests other than Disqualified Stock or (z) a combination thereof.

 

    49

     

    

 

Notwithstanding any other provision contained
herein, in the case of any Permitted Convertible Indebtedness for which the embedded conversion obligation must be settled by paying
solely cash, so long as substantially concurrently with the offering of such Permitted Convertible Indebtedness, Parent, the Borrower
or a Subsidiary enters into a cash-settled Permitted Bond Hedge Transaction relating to such Permitted Convertible Indebtedness,
notwithstanding any other provision contained herein, for so long as such Permitted Bond Hedge Transaction (or a portion thereof
corresponding to the amount of outstanding Permitted Convertible Indebtedness) remains in effect, all computations of amounts and
ratios referred to herein shall be made as if the amount of Indebtedness represented by such Permitted Convertible Indebtedness
were equal to the face principal amount thereof without regard to any mark-to-market derivative accounting for such Indebtedness.

 

“Permitted Debt” shall
mean Indebtedness for borrowed money incurred by any Loan Party, provided that (i) any such Permitted Debt, if guaranteed,
shall not be guaranteed by any Subsidiary other than a Guarantor and, if secured (as permitted by Sections 6.01 and
6.02), shall be secured solely by all or some portion of the Collateral pursuant to security documents no more favorable
to the secured party or party, taken as a whole (as determined by Parent in good faith), than the Security Documents, (ii) any
such Permitted Debt, if secured, shall be subject to an Intercreditor Agreement reasonably satisfactory to the Administrative Agent,
(iii) such Permitted Debt shall not mature prior to the date that is the latest final maturity date of the Term Loans existing
at the time of such incurrence (or in the case of Junior Financing, until the date that is 91 days thereafter), and the Weighted
Average Life to Maturity of any such Permitted Debt shall be no shorter than the remaining Weighted Average Life to Maturity of
the Term Loans with the latest final maturity at the time of such incurrence and (iv) the MFN Protection shall apply to any Permitted
Debt in the form of a term loan secured by Other First Liens that is incurred prior to the date that is 12 months after the Closing
Date.

 

“Permitted First Lien Intercreditor
Agreement” shall mean, with respect to any Liens on Collateral that are intended to be equal and ratable with the Liens
securing the Loan Obligations, the Equal Priority Intercreditor Agreement or one or more customary intercreditor agreements, each
of which shall be in form and substance reasonably satisfactory to the Administrative Agent.

 

“Permitted Incentive Programs”
means any incentive, employment, development or other similar programs or agreements with any governmental, quasi-governmental,
economic development authority, non-profit or similar entity or an affiliated organization, including, without limitation: (a)
any Permitted State Bond Financing; (b) industrial revenue bonds; (c) new market tax credits; (d) research and development arrangements;
and (e) other similar arrangements.

 

“Permitted Investments”
shall mean:

 

(a)              
Dollars (including such Dollars as are held as overnight bank deposits and demand deposits with banks);

 

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(b)              
 marketable direct obligations issued by, or unconditionally guaranteed by, the United States government or issued
by any agency or instrumentality thereof and backed by the full faith and credit of the United States of America, in each case,
maturing within one (1) year from the date of acquisition thereof;

 

(c)              
marketable direct obligations issued by any state of the United States of America, or any political subdivision of
any such state, or any public instrumentality thereof, maturing within one (1) year from the date of acquisition thereof, and,
at the time of acquisition, having a rating of at least “A–2” from S&P or at least “P–2”
of Moody’s, or carrying an equivalent rating by a nationally recognized rating agency, if both of the two (2) named rating
agencies cease publishing;

 

(d)              
commercial paper maturing no more than one (1) year from the date of creation thereof, and, at the time of acquisition,
having a rating of at least “A–2” from S&P or at least “P–2” from Moody’s,
or carrying an equivalent rating by a nationally recognized rating agency, if both of the two (2) named rating agencies cease publishing;

 

(e)              
time deposits, demand deposits, certificates of deposit, Eurodollar time deposits, time deposit accounts, term deposit
accounts, or bankers’ acceptances maturing within one (1) year from the date of acquisition thereof or overnight bank deposits,
in each case, issued by any bank organized under the Laws of the United States, or any state thereof, or the District of Columbia,
or any U.S. branch of a foreign bank having, at the date of acquisition thereof, combined capital and surplus of not less than
Five-Hundred Million Dollars ($500,000,000);

 

(f)               
repurchase obligations with a term of not more than ninety (90) days for underlying securities of the types
described in clause (a) above, entered into with any bank meeting the qualifications specified in clause (e)
above;

 

(g)              
investments in money market funds which invest all, or substantially all, of their assets in assets of the types
described in clauses (a) through (f) above; and

 

(h)              
in the case of Foreign Subsidiaries, Investments of a type comparable to those described in clauses (a)
through (g) above, which may include investments in the relevant foreign currency.

 

“Permitted Junior Intercreditor
Agreement” shall mean, with respect to any Liens on Collateral that are intended to be junior to any Liens securing the
Loan Obligations, (i) that certain Intercreditor Agreement, dated as of April 17, 2020, by and between Bank of America, as credit
agreement agent, and The Bank of New York Mellon Trust Company, N.A., as 2025 notes trustee and second lien collateral agent or
(ii) one or more customary intercreditor agreements, each of which shall be in form and substance reasonably satisfactory to the
Administrative Agent.

 

“Permitted Liens” shall
have the meaning assigned to such term in Section 6.02.

 

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“Permitted Receivables
Facility Assets” shall mean (i) Receivables Assets (whether now existing or arising in the future) of Parent and
any Subsidiary which are transferred, sold and/or pledged to a Receivables Entity or a bank, other financial institution or a
commercial paper conduit or other conduit facility established and maintained by a bank or other financial institution,
pursuant to a Qualified Receivables Facility and any related Permitted Receivables Related Assets which are also so
transferred, sold and/or pledged to such Receivables Entity, bank, other financial institution or commercial paper conduit or
other conduit facility, and all proceeds thereof and (ii) loans to Parent or any of its Subsidiaries secured by Receivables
Assets (whether now existing or arising in the future) and any Permitted Receivables Related Assets of Parent and any
Subsidiary which are made pursuant to a Qualified Receivables Facility.

 

“Permitted Receivables Facility
Documents” shall mean each of the documents and agreements entered into in connection with any Qualified Receivables
Facility, including all documents and agreements relating to the issuance, funding and/or purchase of certificates and purchased
interests or the incurrence of loans, as applicable, in each case as such documents and agreements may be amended, modified, supplemented,
refinanced or replaced from time to time so long as the relevant Qualified Receivables Facility would still meet the requirements
of the definition thereof after giving effect to such amendment, modification, supplement, refinancing or replacement.

 

“Permitted Receivables Related
Assets” shall mean any other assets that are customarily transferred, sold and/or pledged or in respect of which security
interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables
Assets and any collections or proceeds of any of the foregoing (including, without limitation, lock-boxes, deposit accounts, records
in respect of Receivables Assets and collections in respect of Receivables Assets).

 

“Permitted Refinancing Indebtedness”
shall mean any Indebtedness issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace,
redeem, repurchase, retire, defease or refund (collectively, to “Refinance”), the Indebtedness being Refinanced
(or previous refinancings thereof constituting Permitted Refinancing Indebtedness); provided, that:

 

(a)            the principal amount (or accreted value, if applicable) of such Permitted Refinancing Indebtedness incurred pursuant
to this definition does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced (plus
unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions
and expenses),

 

(b)           except with respect to Section 6.01(i), (i) the final maturity date of such Permitted Refinancing Indebtedness
is on or after the earlier of (x) the final maturity date of the Indebtedness being Refinanced and (y) the 91st day following the
Latest Maturity Date in effect at the time of incurrence thereof and (ii) the Weighted Average Life to Maturity of such Permitted
Refinancing Indebtedness is greater than or equal to the lesser of (x) the Weighted Average Life to Maturity of the Indebtedness
being Refinanced and (y) 91 days after the Weighted Average Life to Maturity of the Class of Term Loans then outstanding with the
greatest remaining Weighted Average Life to Maturity,

 

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(c)            if
the Indebtedness being Refinanced is by its terms subordinated in right of payment to any Loan Obligations, such Permitted
Refinancing Indebtedness shall be subordinated in right of payment to such Loan Obligations on terms in the aggregate not
materially less favorable to the Lenders than those contained in the documentation governing the Indebtedness being
Refinanced (as determined by Parent in good faith),

 

(d)           
no Permitted Refinancing Indebtedness shall have obligors that are not (or would not have been required to become)
obligors with respect to the Indebtedness being so Refinanced (except that (i) one or more Loan Parties (or entities that become
Loan Parties) may be added as additional guarantors and (ii) to the extent the Indebtedness being so Refinanced was Indebtedness
of a Subsidiary which was not the Borrower or a Guarantor, Permitted Refinancing Indebtedness incurred in respect thereof may be
incurred or guaranteed by any Subsidiary which is not the Borrower or a Guarantor),

 

(e)           
such Permitted Refinancing Indebtedness may be secured (i) in the case of any Indebtedness being so Refinanced that
is secured, by Liens having the same (or junior) priority on the same (or any subset of the) assets (plus improvements and accessions
to, such property or proceeds or distributions thereof), as secured (or would have been required to secure) the Indebtedness being
Refinanced, or (ii) in the case of any Indebtedness being so Refinanced that is unsecured, by Junior Liens, and

 

(f)            
if the Indebtedness being Refinanced was subject to a Permitted First Lien Intercreditor Agreement or a Permitted
Junior Intercreditor Agreement, and if the respective Permitted Refinancing Indebtedness is to be secured by the Collateral, the
Permitted Refinancing Indebtedness shall likewise be subject to a Permitted First Lien Intercreditor Agreement and/or a Permitted
Junior Intercreditor Agreement, as applicable.

 

“Permitted State Bond Financing”
means bond financings entered into for the purpose of obtaining a credit against state or local payroll taxes paid with respect
to wages of employees of Parent or its Subsidiaries (including any such financings entered into with the State of Kansas).

 

“person” shall mean any
natural person, corporation, business trust, joint venture, association, company, partnership, limited liability company or government,
individual or family trusts, or any agency or political subdivision thereof.

 

“Plan” shall mean any
employee pension benefit plan (other than a Multiemployer Plan) that is (i) subject to the provisions of Title IV of ERISA or Section 412
of the Code or Section 302 of ERISA, (ii) sponsored or maintained (at the time of determination or at any time within the
five years prior thereto) by Parent, the Borrower, any Subsidiary or any ERISA Affiliate, and (iii) in respect of which Parent,
the Borrower, any Subsidiary or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA
be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

 

“Plan of Reorganization”
shall have the meaning assigned to such term in Section 9.04(i)(iii).

 

“Platform” shall have
the meaning assigned to such term in Section 9.17.

 

“Pledged Equity” shall
have the meaning assigned to such term in the Collateral Agreement.

 

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“primary obligor” shall
have the meaning assigned to such term in the definition of the term “Guarantee.”

 

“Principal Property”
shall have the meaning specified in the indenture governing the Senior Notes (as in effect on the Closing Date).

 

“Pro Forma Basis” shall
mean, as to any person, for any events as described below that occur subsequent to the commencement of a period for which the financial
effect of such events is being calculated, and giving effect to the events for which such calculation is being made, such calculation
as will give pro forma effect to such events as if such events occurred on the first day of the most recent Test Period ended on
or before the occurrence of such event (the “Reference Period”):

 

(i)            the
Transactions, any Asset Sale, any asset acquisition or Investment (or series of related Investments), in each case, in excess
of $5,000,000, merger, amalgamation, consolidation (or any similar transaction or transactions), any dividend, distribution or
other similar payment,

 

(ii)          
“run-rate” cost savings and other cost-saving initiatives that are reasonably identifiable and factually
supportable and that are projected by the Borrower in good faith to result from specified actions taken, committed to be taken,
or expected in good faith to be taken, no later than eighteen (18) months after the end of such period, as described in clause
(a)(xvii) of the definition of “Adjusted Consolidated EBITDA” above and subject to the limit in such clause;

 

(iii)          
the designation of any Subsidiary as an Unrestricted Subsidiary or of any Unrestricted Subsidiary as a Subsidiary,
and

 

(iv)         
any incurrence, repayment, repurchase or redemption of Indebtedness (or any issuance, repurchase or redemption of
Disqualified Stock or preferred stock), other than fluctuations in revolving borrowings in the ordinary course of business (and
not resulting from a transaction as described in clause (i) above).

 

Pro forma calculations made pursuant to
this definition shall be determined in good faith by a Responsible Officer of the Borrower.

 

If any Indebtedness bears a floating
rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in
effect on the date on which the relevant calculation is being made had been the applicable rate for the entire period (taking
into account any hedging obligations applicable to such Indebtedness if such hedging obligation has a remaining term in
excess of 12 months). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably
determined by a Financial Officer of Parent to be the rate of interest implicit in such Capitalized Lease Obligation in
accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under a
revolving credit facility computed on a pro forma basis shall be computed based upon the average daily balance of such
Indebtedness during the applicable period, except to the extent the outstandings thereunder are reasonably expected to
increase as a result of any transactions described in clause (i) of the first paragraph of this definition of “Pro
Forma Basis” which occurred during the respective period or thereafter and on or prior to the date of determination.
Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar
rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen,
or, if none, then based upon such applicable optional rate as Parent may designate.

 

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In the event that any financial ratio is
being calculated for purposes of determining whether Indebtedness or any lien relating thereto may be incurred, Parent may elect,
pursuant to a certificate of a Responsible Officer delivered to the Administrative Agent, to treat all or any portion of the commitment
relating thereto as being incurred at the time of such commitment (consistently applied for all purposes under this Agreement),
in which case Indebtedness in an amount equal to such commitment shall be deemed to be outstanding for all financial calculations
until such commitment is terminated, but any subsequent incurrence of Indebtedness under such commitment shall not be deemed, for
purposes of this calculation, to be an incurrence at such subsequent time.

 

“Progress Payment Agreement”
shall mean any agreement that is entered into by and between Parent or any Subsidiary and any commercial or investment bank, commercial
lending company or finance company providing for progress payments or similar payments with respect to equipment to be leased by
Parent or such Subsidiary.

 

“Pro Rata Extension Offers”
shall have the meaning assigned to such term in Section 2.22(a).

 

“Pro Rata Share” shall
have the meaning assigned to such term in Section 9.08(f).

 

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

 

“Projections” shall mean
any projections and any forward-looking statements (including statements with respect to booked business) of such entities furnished
to the Lenders or the Administrative Agent by or on behalf of Parent or any of the Subsidiaries prior to the Closing Date.

 

“PTE” shall mean a prohibited
transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.

 

“Public Lender” shall
have the meaning assigned to such term in Section 9.17.

 

“Purchase Money Note”
shall mean a promissory note of a Securitization Entity evidencing a line of credit, which may be irrevocable, from the Parent
or any of its Subsidiaries to a Securitization Entity in connection with a Qualified Securitization Transaction, which note is
intended to finance that portion of the purchase price that is not paid by cash or a contribution of equity.

 

“QFC” shall have the
meaning assigned to such term in Section 9.13(b).

 

“QFC Credit Support”
shall have the meaning assigned to such term in Section 9.13.

 

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“Qualified Equity Interests”
shall mean any Equity Interest other than Disqualified Stock.

 

“Qualified Receivables Facility”
shall mean any receivables or factoring facility or facilities created under the Permitted Receivables Facility Documents and which
is designated as a “Qualified Receivables Facility” (as provided below), providing for the transfer, sale and/or pledge
Parent, any Subsidiary and/or one or more other Receivables Sellers of Permitted Receivables Facility Assets (thereby providing
financing to Parent, such Subsidiary and/or the Receivables Sellers) to (i) a Receivables Entity (either directly or through another
Receivables Seller), which in turn shall transfer, sell and/or pledge interests in the respective Permitted Receivables Facility
Assets to third-party lenders or investors pursuant to the Permitted Receivables Facility Documents in return for the cash used
by such Receivables Entity to acquire the Permitted Receivables Facility Assets from Parent, such Subsidiary and/or the respective
Receivables Sellers or (ii) a bank or other financial institution, which in turn shall finance the acquisition of the Permitted
Receivables Facility Assets through a commercial paper conduit or other conduit facility, or directly to a commercial paper conduit
or other conduit facility established and maintained by a bank or other financial institution that will finance the acquisition
of the Permitted Receivables Facility Assets through the commercial paper conduit or other conduit facility, in each case, either
directly or through another Receivables Seller, so long as, in the case of each of clause (i) and clause (ii), no portion of the
Indebtedness or any other obligations (contingent or otherwise) under such receivables facility or facilities (x) is guaranteed
by Parent or any Subsidiary (excluding guarantees of obligations pursuant to Standard Securitization Undertakings), (y) is recourse
to or obligates Parent or any Subsidiary in any way (other than pursuant to Standard Securitization Undertakings) or (z) subjects
any property or asset (other than Permitted Receivables Facility Assets, Permitted Receivables Related Assets or the Equity Interests
of any Receivables Entity) of Parent or any Subsidiary (other than a Receivables Entity), directly or indirectly, contingently
or otherwise, to the satisfaction thereof (other than pursuant to Standard Securitization Undertakings). Any such designation shall
be evidenced to the Administrative Agent by filing with the Administrative Agent a certificate signed by a Financial Officer of
Parent certifying that, to the best of such officer’s knowledge and belief after consultation with counsel, such designation
complied with the foregoing conditions.

 

“Qualified Securitization Transaction”
shall mean any Securitization Transaction of a Securitization Entity that meets the following conditions:

 

(1)              
the Board of Directors of the Borrower shall have determined in good faith that such Qualified Securitization Transaction
(including financing terms, covenants, termination events or other provisions) is in the aggregate economically fair and reasonable
to the Borrower and the Securitization Entity;

 

(2)              
all sales of accounts receivable and related assets to the Securitization Entity are made at Fair Market Value (as
determined in good faith by the Borrower, and which may include any discounts customary for a Securitization Transaction) and may
include Standard Securitization Undertakings; and

 

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(3)             
the financing terms, covenants, termination events and other provisions thereof shall be market terms (as determined
in good faith by the Borrower) and may include Standard Securitization Undertakings.

 

“Qualifying IRB Financing”
means: (a) those certain bond financings entered into with the City of Wichita, Kansas in effect on the Closing Date, and refinancings,
replacements or extensions thereof satisfying the conditions of clauses (b)(i) through (b)(iv) immediately below; and (b) other
bond financings entered into from time to time, provided, that, in each case of this clause (b), (i) such bonds are entered
into for the sole purpose of abating personal, sales or real property taxes of Parent and its Subsidiaries, (ii) such bonds are
issued pursuant to state Law, (iii) such bonds are purchased by Parent or its Subsidiaries pursuant to a bond purchase agreement,
(iv) Parent or its Subsidiaries maintain ownership of such bonds, (v) there are no Liens on the property of any Parent or any Subsidiary
in respect of obligations under, or in connection with, such bonds, or any related guaranty or lease obligations (except to the
extent that the terms of the bond financing, including the lease arrangements, are deemed to result in a Lien in favor of the bond
trustee (for itself, or on behalf of Parent or any Subsidiary as holder of the bonds) or any Governmental Authority on the property
that is the subject of the transaction), (vi) such bonds do not require cash payments by Parent or any Subsidiary (after giving
effect to the rights of setoff and netting provided for in such bonds), and (vii) Parent is entitled under GAAP to offset any indebtedness
relating to the obligations with related property in the same amount, and the effect of such netting is that the obligations are
not reflected as “debt” on the face of Parent’s consolidated balance sheet.

 

“Rate” shall have the
meaning assigned to such term in the definition of the term “Type.”

 

“Real Property” shall
mean, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests
in real property owned in fee simple or leased by any Loan Party, whether by lease, license or other means, together with, in each
case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment,
incidental to the ownership, lease or operation thereof.

 

“Receivables Assets”
shall mean any right to payment created by or arising from sales of goods, lease of goods or the rendition of services rendered
no matter how evidenced whether or not earned by performance (whether constituting accounts, general intangibles, chattel paper
or otherwise).

 

“Receivables
Entity” shall mean any direct or indirect wholly owned Subsidiary of Parent which engages in no activities other
than in connection with the financing of accounts receivable of the Receivables Sellers and which is designated (as provided
below) as a “Receivables Entity” (a) with which neither Parent nor any of its Subsidiaries has any contract,
agreement, arrangement or understanding (other than pursuant to the Permitted Receivables Facility Documents (including with
respect to fees payable in the ordinary course of business in connection with the servicing of accounts receivable and
related assets)) on terms less favorable to Parent or such Subsidiary than those that might be obtained at the time from
persons that are not Affiliates of Parent (as determined by Parent in good faith) and (b) to which neither Parent nor any
Subsidiary has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve
certain levels of operating results (other than pursuant to Standard Securitization Undertakings). Any such designation shall
be evidenced to the Administrative Agent by filing with the Administrative Agent an officer’s certificate of Parent
certifying that, to the best of such officer’s knowledge and belief after consultation with counsel, such designation
complied with the foregoing conditions.

 

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“Receivables Seller”
shall mean any Loan Party or any Subsidiary of Parent that is a party to the Permitted Receivables Facility Documents (other than
any Receivables Entity).

 

“Recipient” shall have
the meaning assigned to such term in the definition of “Excluded Taxes”.

 

“Recovery Event” shall
mean any event that gives rise to the receipt by Parent or any of its Subsidiaries of any proceeds under any casualty insurance
policy in respect of a covered loss thereunder (excluding amounts payable with respect to a business interruption policy or claim)
or condemnation awards, in each case, in respect of any equipment, fixed assets or Real Property (including any improvements thereon).

 

“Reference Period” shall
have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”

 

“Refinance” shall have
the meaning assigned to such term in the definition of the term “Permitted Refinancing Indebtedness,” and “Refinanced”
and “Refinancing” shall have meanings correlative thereto.

 

“Refinancing Amendment”
shall have the meaning assigned to such term in Section 2.23(c).

 

“Refinancing Effective Date”
shall have the meaning assigned to such term in Section 2.23(a).

 

“Refinancing Notes” shall
mean any secured or unsecured notes or loans issued by any Loan Party (whether under an indenture, a credit agreement or otherwise)
and the Indebtedness represented thereby; provided, that

 

(a)          
100% of the Net Proceeds of such Refinancing Notes are used to permanently reduce Term Loans substantially simultaneously
with the issuance thereof;

 

(b)           
the principal amount (or accreted value, if applicable) of such Refinancing Notes incurred pursuant to this definition
does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Term Loans so reduced (plus
unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions
and expenses);

 

(c)           
the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date of the Term Loans
so reduced;

 

(d)          
the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average
Life to Maturity of the Term Loans so repaid;

 

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(e)           
the terms of such Refinancing Notes do not provide for any scheduled repayment, mandatory redemption or sinking
fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced (other than (x) in the case of notes, customary
offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale, event of loss or change in applicable
Tax law and customary acceleration rights after an event of default and (y) in the case of loans, customary amortization and mandatory
and voluntary prepayment provisions which are, when taken as a whole, consistent in all material respects with, or not materially
less favorable to Parent and the Subsidiaries than, those applicable to the Initial Term Loans with such Indebtedness to provide
that any such mandatory prepayments as a result of asset sales or events of loss, shall be allocated on a pro rata basis
or a less than pro rata basis (but not a greater than pro rata basis) with the Initial Term Loans);

 

(f)            
there shall be no obligor with respect thereto that is not a Loan Party (or entity that becomes a Loan Party);

 

(g)           
if such Refinancing Notes are secured, such Refinancing Notes shall be secured by all or a portion of the Collateral,
but shall not be secured by any assets of Parent or its subsidiaries other than the Collateral;

 

(h)           
Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted First Lien Intercreditor
Agreement and/or a Permitted Junior Intercreditor Agreement, as applicable (and in any event shall be subject to a Permitted Junior
Intercreditor Agreement if the Indebtedness being Refinanced is secured on a junior lien basis to any of the Obligations) and

 

(i)            
the covenants and events of default applicable to such Refinancing Notes taken as a whole shall (as determined by
Parent in good faith) be not materially more restrictive to Parent and its Subsidiaries than, the terms, taken as a whole, applicable
to the Term Loans so reduced (except to the extent such covenants and other terms apply solely to any period after the Latest Maturity
Date or are applied for the benefit of the Term Loans then outstanding).

 

“Refinancing Term Loans”
shall have the meaning assigned to such term in Section 2.23(a).

 

“Refund” shall have the
meaning assigned such term in Section 2.17(g).

 

“Register” shall have
the meaning assigned to such term in Section 9.04(b)(iv).

 

“Regulation T” shall
mean Regulation T of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.

 

“Regulation U” shall
mean Regulation U of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.

 

“Regulation X” shall
mean Regulation X of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof.

 

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“Related Fund” shall
mean, with respect to any Lender that is a fund that invests in bank or commercial loans and similar extensions of credit, any
other fund that invests in bank or commercial loans and similar extensions of credit and is advised or managed by (a) such Lender,
(b) an Affiliate of such Lender or (c) an entity (or an Affiliate of such entity) that administers, advises or manages such Lender.

 

“Related Parties” shall
mean, with respect to any person, such person’s controlled and controlling Affiliates and the respective directors, trustees,
officers, employees, agents, advisors and members of such person and of such person’s controlled and controlling Affiliates.

 

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

 

“Release” shall mean
any spilling, leaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing,
depositing, emanating or migrating in, into, onto or through the Environment.

 

“Relevant Governmental Body”
means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by
the Federal Reserve Board and/or the Federal Reserve Bank of New York for the purpose of recommending a benchmark rate to replace
LIBOR in loan agreements similar to this Agreement.

 

“Reportable Event” shall
mean any reportable event as defined in Section 4043(c) of ERISA or the regulations issued thereunder, other than those events
as to which the 30-day notice period referred to in Section 4043(c) of ERISA has been waived, with respect to a Plan (other
than a Plan maintained by an ERISA Affiliate that is considered an ERISA Affiliate only pursuant to subsection (m) or (o) of Section 414
of the Code).

 

“Repricing Event” means,
in connection with a transaction the primary purpose of which is to prepay, refinance, substitute or replace the Initial Term Loans
or to amend this Agreement to reduce the Effective Yield applicable to such Term Loans (other than a transaction constituting a
Change of Control or Transformative Acquisition), (i) any prepayment or repayment of any Initial Term Loan with the proceeds
of, or any conversion of any Initial Term Loan into, any new or replacement tranche of term loans with an Effective Yield less
than the Effective Yield applicable to such Term Loans and (ii) any amendment to this Agreement that, directly or indirectly,
reduces the Effective Yield applicable to any Initial Term Loan. Any such determination by the Administrative Agent as contemplated
by preceding clauses (i) and (ii) shall be conclusive and binding on all Lenders.

 

“Required Lenders” shall
mean, at any time, Lenders having Term Loans that, taken together, represent more than 50% of the sum of all Term Loans at such
time.

 

“Requirement of Law”
shall mean, as to any person, any law, treaty, rule, regulation, statute, order, ordinance, decree, judgment, consent decree, writ,
injunction, settlement agreement or governmental requirement enacted, promulgated or imposed or entered into or agreed by any Governmental
Authority, in each case applicable to or binding upon such person or any of its property or assets or to which such person or any
of its property or assets is subject.

 

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“Resignation Effective Date”
shall have the meaning assigned to such term in Section 8.06(a).

 

“Responsible Officer”
of any person shall mean any manager, executive officer, director or Financial Officer of such person and any other officer or
similar official thereof responsible for the administration of the obligations of such person in respect of this Agreement and,
solely for purposes of notices given pursuant to Article II, any other officer or employee of the applicable Loan Party
so designated by any of the foregoing officers in a notice to the Administrative Agent or any other officer or employee of the
applicable Loan Party designated in or pursuant to an agreement between the applicable Loan Party and the Administrative Agent.
Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have
been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and such Responsible
Officer shall be conclusively presumed to have acted on behalf of such Loan Party.

 

“Restricted Payments”
shall have the meaning assigned to such term in Section 6.06. The amount of any Restricted Payment made other than
in the form of cash or cash equivalents shall be the Fair Market Value thereof.

 

“S&P” shall mean
Standard & Poor’s Financial Services LLC, a subsidiary of S&P Global Inc., and any successor thereto.

 

“S-X Filing Regulation”
means 17 C.F.R. §–210.3-16, as from time to time in effect, or any successor or replacement provision, and all official
rulings or interpretations thereunder or thereof.

 

“Sanctions” shall mean
any international economic sanctions administered or enforced by (a) the U.S. government, including those administered by the U.S.
Department of the Treasury’s Office of Foreign Assets Control or the U.S. Department of State (b) the United Nations Security
Council, (c) the European Union, (d) the governmental institutions and agencies of the United Kingdom, including without limitation,
Her Majesty’s Treasury (UK) or (e) any other relevant sanctions authority with jurisdiction over any Loan Party.

 

“Scheduled Unavailability Date”
shall have the meaning specified in Section 2.14(c)(i).

 

“SEC” shall mean the
Securities and Exchange Commission or any successor thereto.

 

“Secured Cash Management Agreement”
shall mean any Cash Management Agreement that is entered into by and between Parent or any Subsidiary and any Cash Management Bank,
including any such Cash Management Agreement that is in effect on the Closing Date; provided that (a) any Cash Management
Agreement may at any time be designated in writing by the Borrower and the applicable Cash Management Bank to the Administrative
Agent not to be included as a Secured Cash Management Agreement and (b) any Cash Management Agreement relating to a non-Wholly
Owned Subsidiary may at any time be designated in writing by the Borrower and the applicable Cash Management Bank to the Administrative
Agent to be included as a Secured Cash Management Agreement, but with a limit on the portion of the obligations thereof which will
be “Obligations” for purposes of the Loan Documents.

 

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“Secured Hedge Agreement”
shall mean any Hedging Agreement that is entered into by and between Parent or any Subsidiary and any Hedge Bank, including any
Hedge Agreement that is in effect on the Closing Date; provided that (a) any Hedging Agreement may at any time be designated
in writing by the Borrower and the applicable Hedge Bank to the Administrative Agent not to be included as a Secured Hedge Agreement
and (b) any Hedging Agreement relating to a non-Wholly Owned Subsidiary may at any time be designated in writing by the Borrower
and the applicable Hedge Bank to the Administrative Agent to be included as a Secured Hedge Agreement, but with a specified limit
on the portion of the obligations thereof which will be “Obligations” for purposes of the Loan Documents. Notwithstanding
the foregoing, for all purposes of the Loan Documents, any Guarantee of, or grant of any Lien to secure, any obligations in respect
of a Secured Hedge Agreement by a Guarantor shall not include any Excluded Swap Obligations with respect to such Guarantors.

 

“Secured Letter of Credit”
shall mean any letter of credit that is entered into by and between Parent or any Subsidiary and any Letter of Credit Issuer and
the applicable Letter of Credit Issuer; provided that any letter of credit may at any time be designated in writing by the
Borrower to the Administrative Agent not to be included as a Secured Letter of Credit.

 

“Secured Net Leverage Ratio”
shall mean, as of any date of determination, the ratio of (a) Consolidated Secured Net Debt as of such date to (b) Adjusted Consolidated
EBITDA for the most recently ended Test Period for which financial statements of Parent have been delivered as required by this
Agreement, all determined on a consolidated basis in accordance with GAAP; provided that each of Consolidated Secured Net
Debt and Adjusted Consolidated EBITDA shall be determined for the relevant Test Period on a Pro Forma Basis.

 

“Secured Parties” shall
mean, collectively, the Administrative Agent, the Collateral Agent, each Lender, each Hedge Bank that is party to any Secured Hedge
Agreement, each Cash Management Bank that is party to any Secured Cash Management Agreement, each Letter of Credit Issuer that
is the issuer of a Secured Letter of Credit, each Equipment Financing Provider that is party to any Secured Progress Payment Agreement,
each Subagent appointed pursuant to Section 8.05 by the Administrative Agent with respect to matters relating to the
Loan Documents or by the Collateral Agent with respect to matters relating to any Security Document and each 2026 Noteholder.

 

“Secured Progress Payment Agreement”
shall mean any Progress Payment Agreement that is entered into by and between Parent or any Subsidiary and any Equipment Financing
Provider; provided that any such Progress Payment Agreement may at any time be designated in writing by the Borrower and
the applicable Equipment Financing Provider to the Administrative Agent not to be included as a Secured Progress Payment Agreement.

 

“Securities Act” shall
mean the Securities Act of 1933, as amended.

 

“Securitization
Assets” shall mean (a) any accounts receivable, real estate asset, mortgage receivables or related assets and the
proceeds thereof subject to a Qualified Securitization Transaction and the proceeds thereof and (b) all collateral securing
such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or
asset, lockbox accounts and records with respect to such accounts and all records with respect to such account or asset and
any other assets customarily transferred (or in respect of which security interests are customarily granted), together with
accounts or assets in each case subject to a Qualified Securitization Transaction.

 

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“Securitization Entity”
shall mean a Wholly Owned Subsidiary of Parent (or another person formed for the purposes of engaging in a Qualified Securitization
Transaction with Parent in which Parent or any of its Subsidiaries makes an Investment and to which Parent or any Restricted Subsidiary
of Parent transfers accounts receivable and related assets) which is designated by the Board of Directors of the Borrower (as provided
below) as a Securitization Entity and engages in no activities other than in connection with the financing of accounts receivable
and other Securitization Assets of Parent and its Subsidiaries, all proceeds thereof and all rights (contractual or other), collateral
and other assets relating thereto, and any business or activities incidental or related to such business and:

 

(1)              
no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (a) is guaranteed by the
Borrower or any of its Subsidiaries (other than the Securitization Entity) (excluding guarantees of obligations pursuant to Standard
Securitization Undertakings), (b) is recourse to or obligates the Borrower or any of its Subsidiaries (other than the Securitization
Entity) in any way other than pursuant to Standard Securitization Undertakings or (c) subjects any asset of the Borrower or any
of its Subsidiaries (other than the Securitization Entity), directly or indirectly, contingently or otherwise, to the satisfaction
thereof, other than pursuant to Standard Securitization Undertakings; and

 

(2)              
to which neither the Borrower nor any of its Subsidiaries has any obligation to maintain or preserve such entity’s
financial condition or cause such entity to achieve certain levels of operating results.

 

Any designation by the Board of Directors
of the Borrower shall be evidenced to the Administrative Agent by delivering a certified copy of the resolutions of the Board of
Directors of the Borrower giving effect to such designation and an officer’s certificate executed by a Responsible Officer
of the Borrower certifying that such designation complied with the foregoing conditions.

 

“Securitization Fees”
shall mean distributions or payments made directly or by means of discounts with respect to any participation interest issued or
sold in connection with, and other fees paid to a person that is not a Subsidiary of the Borrower or any of its Subsidiaries in
connection with, a Qualified Securitization Transaction.

 

“Securitization Repurchase Obligation”
shall mean any obligation of a seller of receivables in a Qualified Securitization Transaction to repurchase receivables arising
as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion
thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken
by, any failure to take action by or any other event relating to the seller.

 

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“Securitization Transaction”
shall mean any transaction or series of transactions that may be entered into by Parent, the Borrower, any of their Subsidiaries
or a Securitization Entity pursuant to which Parent, the Borrower, such Subsidiary or such Securitization Entity may sell, convey
or otherwise transfer to, or grant a security interest in for the benefit of, (1) a Securitization Entity, Parent, the Borrower,
any of their Subsidiaries which subsequently transfers to a Securitization Entity (in the case of a transfer by Parent, the Borrower
or such Subsidiary) and (2) any other person (in the case of transfer by a Securitization Entity), any accounts receivable (whether
now existing or arising or acquired in the future) of Parent, the Borrower, any of their Subsidiaries which arose in the ordinary
course of business of Parent, the Borrower or such Subsidiary, and any assets related thereto, including, without limitation, all
collateral securing such accounts receivable, all contracts and contract rights and all guarantees or other obligations in respect
of such accounts receivable, proceeds of such accounts receivable and other assets (including contract rights) which are customarily
transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions
involving accounts receivable.

 

“Security Documents”
shall mean the Equal Priority Intercreditor Agreement, each Mortgage, the Collateral Agreement, each Notice of Grant of Security
Interest in Copyrights (as defined in the Collateral Agreement), each Notice of Grant of Security Interest in Patents (as defined
in the Collateral Agreement), each Notice of Grant of Security Interest in Trademarks (as defined in the Collateral Agreement)
and each other security agreement, pledge agreement or other instruments or documents executed and delivered pursuant to the foregoing
or entered into or delivered after the Closing Date to the extent required by this Agreement or any other Loan Document, including
pursuant to Section 5.10.

 

“Senior Notes” means,
collectively, (a) those certain Senior Floating Rate Notes due 2021 in an aggregate original principal amount of $300,000,000,
(b) those certain 3.950% Senior Notes due 2023 in an aggregate original principal amount of $300,000,000, and (c) those certain
4.600% Senior Notes due 2028 in an aggregate original principal amount of $700,000,000, in each case of the foregoing, issued by
the Borrower pursuant to that certain Indenture, dated as of May 30, 2018, by and among the Borrower, as issuer, Parent, as guarantor,
and The Bank of New York Mellon Trust Company, N.A. (or any successor thereto), in its capacity as trustee (as amended, restated,
amended and restated, supplemented and/or otherwise modified in writing from time to time).

 

“Similar Business” shall
mean (i) any business the majority of whose revenues are derived from business or activities conducted by Parent and its Subsidiaries
on the Closing Date, (ii) any business that is a natural outgrowth or reasonable extension, development or expansion of any such
business or any business similar, reasonably related, incidental, complementary or ancillary to any of the foregoing or (iii) any
business that in Parent’s good faith business judgment constitutes a reasonable diversification of businesses conducted by
Parent and its Subsidiaries.

 

“SOFR” with respect
to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the
administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s website (or any
successor source) and, in each case, that has been selected or recommended by the Relevant Governmental Body.

 

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“SOFR-Based Rate” means
SOFR or Term SOFR.

 

“Special Flood Hazard Area”
shall have the meaning assigned to such term in Section 5.02(b).

 

“Standard Securitization Undertakings”
shall mean representations, warranties, covenants and indemnities entered into by Parent or any Subsidiary thereof in connection
with a Securitization Transaction or Qualified Receivables Facility which are reasonably customary (as determined in good faith
by the Borrower) in an accounts receivable financing transaction in the commercial paper, term securitization or structured lending
market.

 

“Subagent” shall mean
each co-agent or sub-agent appointed by the Administrative Agent or the Collateral Agent, as applicable, from time to time pursuant
to Section 8.05.

 

“subsidiary” shall mean,
with respect to any person (referred to in this definition as the “parent”), any corporation, limited liability company,
partnership, association or other business entity (a) of which securities or other ownership interests representing more than 50%
of the equity or more than 50% of the ordinary voting power or more than 50% of the general partnership interests are, at the time
any determination is being made, directly or indirectly, owned, Controlled or held, or (b) that is, at the time any determination
is made, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries
of the parent. In addition, any joint venture owned by any person which is consolidated with such person pursuant to GAAP shall
be a “subsidiary” of such person. Notwithstanding the foregoing, so long as (i) it is managed as a tenancy-in-common,
(ii) it is engaged solely in the purchase of natural gas on behalf of the Borrower and the other partners and activities incidental
thereto, and (iii) it does not amend its organizational documents in a manner materially adverse to the Administrative Agent, the
Collateral Agent or the Lenders (as determined in good faith by the Borrower), Kansas Industrial Energy Supply Company shall be
deemed not to be a subsidiary of Parent for purposes of Article III, Article V and Article VI.

 

“Subsidiary” shall mean,
unless the context otherwise requires, a subsidiary of Parent. Notwithstanding the foregoing (and except for purposes of the definition
of “Unrestricted Subsidiary” contained herein) an Unrestricted Subsidiary shall be deemed not to be a Subsidiary of
Parent or any of its Subsidiaries for purposes of this Agreement.

 

“Subsidiary Redesignation”
shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

 

“Successor Borrower”
shall have the meaning assigned to such term in Section 6.05(n).

 

“Supported QFC” shall
have the meaning assigned to such term in Section 9.13.

 

“Swap Obligation” shall
mean, with respect to any Guarantor, any 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.

 

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“Swap Termination Value”
means, in respect of any one (1) or more Hedging Agreements, after taking into account the effect of any legally enforceable netting
agreement relating to such Hedging Agreements: (a) for any date on or after the date on which such Hedging Agreements have been
closed out and termination value(s) determined in accordance therewith, such termination value(s); and (b) for any date prior to
the date referenced in clause (a) above, the amount(s) determined as the mark-to-market value(s) for such Hedging Agreements, as
determined based upon one (1) or more mid-market or other readily available quotations provided by any recognized dealer in such
Hedging Agreements (which may include a Lender or an Affiliate of a Lender).

 

“Taxes” shall mean all
present or future taxes, duties, levies, imposts, assessments, deductions, withholdings (including backup withholdings), value
added taxes, or any other goods and services, use or sales taxes, or other similar fees or charges, imposed by any Governmental
Authority, whether computed on a separate, consolidated, unitary, combined or other basis and any interest, fines, penalties or
additions to tax with respect to the foregoing.

 

“Term Borrowing” shall
mean the Initial Term Borrowing or any Borrowing of Other Term Loans.

 

“Term Facility” shall
mean the Initial Term Facility and/or any or all of the Other Term Facilities.

 

“Term Facility Commitment”
shall mean the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

 

“Term Facility Maturity Date”
shall mean, as the context may require, (a) with respect to the Initial Term Facility, the Initial Term Facility Maturity Date
and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption
Agreement, Extension Amendment or Refinancing Amendment.

 

“Term Lender” shall mean
a Lender (including an Incremental Term Loan Lender, an Extended Term Loan Lender and a Refinancing Term Loan Lender) with a Term
Facility Commitment or with outstanding Term Loans.

 

“Term Loan Installment Date”
shall mean any Initial Term Loan Installment Date or any Other Term Loan Installment Date.

 

“Term Loans” shall mean
the Initial Term Loans and/or the Other Term Loans.

 

“Termination Date” shall
mean the date on which (a) all Commitments shall have been terminated and (b) the principal of and interest on each Term Loan,
all fees and all other expenses or amounts payable under any Loan Document shall have been paid in full in cash (other than in
respect of contingent indemnification and expense reimbursement claims not then due).

 

“Term SOFR” means
the forward-looking term rate for any period that is approximately (as determined by the Administrative Agent) as long as any
of the Interest Period options set forth in the definition of “Interest Period” and that is based on SOFR and
that has been selected or recommended by the Relevant Governmental Body, in each case as published on an information service
as selected by the Administrative Agent from time to time in its reasonable discretion.

 

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“Test Period” shall mean,
on any date of determination, the period of four consecutive fiscal quarters of Parent then most recently ended (taken as one accounting
period) for which financial statements have been (or were required to be) delivered pursuant to Section 5.04(a) or
5.04(b); provided that prior to the first date financial statements have been delivered pursuant to Section 5.04(a)
or 5.04(b), the Test Period in effect shall be the most recently ended full four fiscal quarter period prior to the Closing
Date for which financial statements would have been required to be delivered hereunder had the Closing Date occurred prior to the
end of such period.

 

“Third-Party Funds” shall
mean any accounts or funds, or any portion thereof, received by Parent or any Subsidiary as agent on behalf of third parties in
accordance with a written agreement that imposes a duty upon Parent or one or more of Subsidiaries to collect and remit those funds
to such third parties.

 

“Title Insurer” shall
have the meaning assigned to such term in the definition of the term “Collateral and Guarantee Requirement.”

 

“Total Net Leverage Ratio”
shall mean, as of any date of determination, the ratio of (a) Consolidated Total Net Debt as of such date to (b) Adjusted Consolidated
EBITDA for the most recently ended Test Period for which financial statements of Parent have been delivered (or were required to
be delivered) as required by this Agreement, all determined on a consolidated basis in accordance with GAAP; provided that
each of Consolidated Total Net Debt and Adjusted Consolidated EBITDA shall be determined for the relevant Test Period on a Pro
Forma Basis.

 

“Trade Date” has the
meaning given in Section 9.04.

 

“Transaction Expenses”
shall have the meaning assigned to such term in the definition of “Transactions.”

 

“Transactions” shall
mean, collectively, (i) the entering into of the Loan Documents and the funding of the Initial Term Loans on the Closing Date,
(ii) the consummation of the Closing Date Refinancing on the Closing Date, (iii) the issuance of the First Lien Notes and the entering
into of the documentation governing the First Lien Notes on the Closing Date and (iv) the payment of fees and expenses and other
costs incurred in connection with the foregoing (the “Transaction Expenses”).

 

“Transformative Acquisition”
shall mean any acquisition by Parent or any Subsidiary, whether by purchase, merger or otherwise, that (i) is not permitted by
the terms of this Agreement immediately prior to the consummation of such acquisition or (ii) if permitted by the terms of this
Agreement immediately prior to the consummation of such acquisition, the terms of the Loan Documents would not provide Parent and
its Subsidiaries with adequate flexibility for the continuation or expansion of their combined operations following such consummation,
as reasonably determined by Parent acting in good faith.

 

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“Type” shall mean, when
used in respect of any Term Loan or Borrowing, the Rate by reference to which interest on such Term Loan or on the Term Loans comprising
such Borrowing is determined. For purposes hereof, the term “Rate” shall include the Eurodollar Rate and the
Base Rate.

 

“Uniform Commercial Code”
or “UCC” shall mean the Uniform Commercial Code as the same may from time to time be in effect in the State
of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required
to apply to any item or items of Collateral.

 

“United States” shall
mean the United States of America.

 

“Unrestricted Cash” shall
mean cash or Permitted Investments of Parent or any of its Subsidiaries that would not appear as “restricted” on a
consolidated balance sheet of Parent or any of its Subsidiaries; provided that cash or Permitted Investments that would
appear as “restricted” on a consolidated balance sheet of Parent or any of its Subsidiaries solely as a result of Liens
thereon under this Agreement, any other Loan Document or Liens to secure obligations under the First Lien Notes shall be considered
Unrestricted Cash.

 

“Unrestricted Cash Amount”
shall mean, on any date, the lesser of $1,400,000,000 and the aggregate amount of Unrestricted Cash of Parent and its Subsidiaries
on such date.

 

“Unrestricted
Subsidiary” shall mean (1) any Subsidiary of Parent (other than the Borrower), whether now owned or acquired or
created after the Closing Date, that is designated on or after the Closing Date by the Borrower as an Unrestricted Subsidiary
hereunder by written notice to the Administrative Agent; provided, that the Borrower shall only be permitted to so
designate a new Unrestricted Subsidiary after the Closing Date so long as (a) no Default or Event of Default has occurred and
is continuing or would result therefrom, (b) all Investments in such Unrestricted Subsidiary at the time of designation (as
contemplated by the immediately following sentence) are permitted in accordance with the relevant requirements of Section 6.04
and (c) such Subsidiary being designated as an “Unrestricted Subsidiary” shall also, concurrently with such
designation and thereafter, constitute an “unrestricted subsidiary” under any Material Indebtedness issued or
incurred on or after the Closing Date; and (2) any subsidiary of an Unrestricted Subsidiary (unless transferred to such
Unrestricted Subsidiary or any of its subsidiaries by Parent or one or more of its Subsidiaries after the date of the
designation of the parent entity as a “Unrestricted Subsidiary” hereunder, in which case the subsidiary so
transferred would be required to be independently designated in accordance with the preceding clause (1)). The designation of
any Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by Parent (or its Subsidiaries) therein at the
date of designation in an amount equal to the Fair Market Value of Parent’s (or its Subsidiaries’) Investments
therein, which shall be required to be permitted on such date in accordance with Section 6.04 (and not as an
Investment permitted thereby in a Subsidiary). The Borrower may designate any Unrestricted Subsidiary to be a Subsidiary for
purposes of this Agreement (each, a “Subsidiary Redesignation”); provided, that (i) no Default or
Event of Default has occurred and is continuing or would result therefrom (after giving effect to the provisions of the
immediately succeeding sentence) and (ii) the Borrower shall have delivered to the Administrative Agent an officer’s
certificate executed by a Responsible Officer of the Borrower, certifying to the best of such officer’s knowledge,
compliance with the requirements of the preceding clause (i). The designation of any Unrestricted Subsidiary as a
Subsidiary after the Closing Date shall constitute (i) the incurrence at the time of designation of any Investment,
Indebtedness or Liens of such Subsidiary existing at such time and (ii) a return on any Investment by the applicable Loan
Party (or its relevant Subsidiaries) in Unrestricted Subsidiaries pursuant to the preceding sentence in an amount equal to
the Fair Market Value at the date of such designation of such Loan Party’s (or its relevant Subsidiaries’)
Investment in such Subsidiary.

 

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“U.S. Person” shall mean
any person that is a “United States Person” as defined in Section 7701(a)(30) of the Code.

 

“U.S. Special Resolution Regimes”
shall have the meaning assigned to such term in Section 9.13.

 

“U.S. Subsidiary” shall
mean any Subsidiary that is not a Foreign Subsidiary.

 

“U.S. Tax Compliance Certificate”
shall have the meaning assigned to such term in Section 2.17(e)(ii)(3).

 

“USA PATRIOT Act” shall
mean the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001
(Title III of Pub. L. No. 107 56 (signed into law October 26, 2001)).

 

“Weighted Average Life to Maturity”
shall mean, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products
obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments
of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth)
that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such
Indebtedness.

 

“Wholly Owned Subsidiary”
of any person shall mean a subsidiary of such person, all of the Equity Interests of which (other than directors’ qualifying
shares or nominee or other similar shares required pursuant to applicable law) are owned by such person or another Wholly Owned
Subsidiary of such person. Unless the context otherwise requires, “Wholly Owned Subsidiary” shall mean a Subsidiary
of Parent that is a Wholly Owned Subsidiary of Parent.

 

“Withdrawal Liability”
shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such
terms are defined in Part I of Subtitle E of Title IV of ERISA.

 

“Write-Down and Conversion Powers”
shall mean, 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.

 

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Section 1.02           Terms
Generally; GAAP. The definitions set forth or referred to in Section 1.01 shall apply equally to both the
singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding
masculine, feminine and neuter forms. The words “include,” “includes” and “including”
shall be deemed to be followed by the phrase “without limitation.” All references herein to Articles, Sections,
Exhibits and Schedules shall be deemed references to Articles and Sections of, and Exhibits and Schedules to, this Agreement
unless the context shall otherwise require. Except as otherwise expressly provided herein, any reference in this Agreement to
any Loan Document shall mean such document as amended, restated, amended and restated, supplemented or otherwise modified
from time to time. Except as otherwise expressly provided herein (including, for the avoidance of doubt, as provided in the
definition of “Capitalized Lease Obligations”), 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 at any time, any change in GAAP would
affect the computation of any financial ratio or requirement in the Loan Documents and the Borrower notifies the
Administrative Agent that the Borrower requests an amendment (or if the Administrative Agent notifies the Borrower that the
Required Lenders request an amendment), the Administrative Agent, the Lenders and the Borrower shall, at no cost to the
Borrower, negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such
change in GAAP (subject to the approval of the Required Lenders), regardless of whether any such notice is given before or
after such change in GAAP or in the application thereof, and such financial ratio or requirement shall be interpreted on the
basis of GAAP as in effect and applied immediately before such change shall have become effective until such provision is
amended in accordance herewith. Notwithstanding any other provision contained herein, all terms of an accounting or financial
nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made (i)
without giving effect to any election under Accounting Standards Codification 825-10-25 (or any other Accounting Standards
Codification or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other
liabilities of Parent or any Subsidiary at “fair value,” as defined therein, (ii) without giving effect to any
treatment of Indebtedness in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any
other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any such
Indebtedness in a reduced or bifurcated manner as described therein, and such Indebtedness shall at all times be valued at
the full stated principal amount thereof and (iii) for the avoidance of doubt, except as provided in the definition of
 “Consolidated Net Income,” without giving effect to the financial condition, results and performance of the
Unrestricted Subsidiaries.

 

Section 1.03          
Effectuation of Transactions. Each of the representations and warranties of the Borrower contained in this
Agreement (and all corresponding definitions) and applicable on the Closing Date and thereafter, are made after giving effect to
the Transactions, unless the context otherwise requires.

 

Section 1.04          
Timing of Payment or Performance. Except as otherwise expressly provided herein, when the payment of any obligation
or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business
Day, the date of such payment or performance shall extend to the immediately succeeding Business Day.

 

Section 1.05          
Times of Day. Unless otherwise specified herein, all references herein to times of day shall be references
to New York City time.

 

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Section 1.06          
Classification of Loans and Borrowings. For purposes of this Agreement, Term Loans may be classified and
referred to by Class (e.g., an “Initial Term Loan”) or by Type (e.g., a “Eurodollar Rate Loan”).
Borrowings also may be classified and referred to by Class (e.g., an “Initial Term Borrowing”) or by Type (e.g.,
a “Eurodollar Rate Borrowing”).

 

Section 1.07          
[Reserved].

 

Section 1.08          
Exchange Rates; Currency Equivalents; Basket Calculations.

 

(a)            The Administrative Agent does not warrant, nor accept responsibility, nor shall the Administrative Agent have any
liability with respect to the administration, submission or any other matter related to the Eurodollar Rate or with respect to
any rate that is an alternative or replacement for or successor to any of such rate (including, without limitation, any LIBOR Successor
Rate) or the effect of any of the foregoing, or of any LIBOR Successor Rate Conforming Changes.

 

(b)           Notwithstanding
the foregoing, for purposes of determining compliance with any covenant in Article VI, (i) with respect to any amount of
cash on deposit, Indebtedness, Investment, Restricted Payment, Lien, Disposition or Attributable Receivables Indebtedness (each,
a “Covenant Transaction”) in a currency other than Dollars, no Default or Event of Default shall be deemed
to have occurred solely as a result of changes in rates of exchange occurring after the time such Covenant Transaction is incurred
or made, and (ii) with respect to any Covenant Transaction incurred or made in reliance on a provision that makes reference to
a percentage of Consolidated Total Assets, no Default or Event of Default shall be deemed to have occurred solely as a result
of changes in the amount of Consolidated Total Assets occurring after the time such Covenant Transaction is incurred or made in
reliance on such provision.

 

(c)            For purposes of determining compliance with any covenant in Article VI, with respect to the amount of any
Covenant Transaction in a currency other than Dollars, such amount (i) if incurred or made in reliance on a fixed Dollar basket,
will be converted into Dollars based on the relevant currency exchange rate in effect on the Closing Date, and (ii) if incurred
in reliance on a percentage or ratio basket, will be converted into Dollars based on the relevant currency exchange rate in effect
on the date such Covenant Transaction is incurred or made and such percentage or ratio basket will be measured at the time such
Covenant Transaction is incurred or made.

 

Article
II

 

The Credits

 

Section 2.01          
Commitments. Subject to the terms and conditions set forth herein:

 

(a)            each Lender agrees, severally and not jointly, to make Initial Term Loans in Dollars to the Borrower on the Closing
Date in an aggregate principal amount not to exceed such Lender’s Initial Term Loan Commitment,

 

(b)            each
Lender having an Incremental Term Loan Commitment agrees, severally and not jointly, subject to the terms and conditions set
forth in the applicable Incremental Assumption Agreement, to make Incremental Term Loans to the Borrower, in an aggregate
principal amount not to exceed its Incremental Term Loan Commitment, and

 

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(c)              
amounts of Term Loans borrowed under Section 2.01(a) or Section 2.01(b) that are repaid or
prepaid may not be reborrowed.

 

Section 2.02       
Term Loans and Borrowings.

 

(a)              
Each Term Loan shall be made as part of a Borrowing consisting of Term Loans under the same Facility and of the same
Type made by the Lenders ratably in accordance with their respective Commitments under the applicable Facility. The failure of
any Lender to make any Term 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
Term Loans as required.

 

(b)              
Subject to Section 2.14, each Borrowing shall be comprised entirely of Base Rate Loans or Eurodollar
Rate Loans as the Borrower may request in accordance herewith. Each Lender at its option may make any Base Rate Loan or Eurodollar
Rate Loan by causing any U.S. or non-U.S. branch or Affiliate of such Lender to make such Term Loan (and in the case of an Affiliate,
the provisions of Sections 2.15, 2.16 and 2.17 shall apply to such Affiliate to the same extent as to such
Lender); provided, that any exercise of such option shall not affect the obligation of the Borrower to repay such Term Loan
in accordance with the terms of this Agreement and such Lender shall not be entitled to any amounts payable under Section 2.15
solely in respect of increased costs resulting from such exercise and existing at the time of such exercise.

 

(c)              
Borrowings of more than one Type and Class may be outstanding at the same time; provided, however,
that the Borrower shall not be entitled to request any Borrowing that, if made, would result in more than 10 Eurodollar Rate
Borrowings outstanding under all Term Facilities at any time. Borrowings having different Interest Periods, regardless of whether
they commence on the same date, shall be considered separate Borrowings.

 

Section 2.03       
Requests for Borrowings.

 

(a)              
To request a Term Borrowing, the Borrower shall notify the Administrative Agent of such request (a) in the case of
a Eurodollar Rate Borrowing, not later than 12:00 noon, New York City time, three (3) Business Days before the date of the
proposed Borrowing or (b) in the case of a Base Rate Borrowing, not later than 11:00 a.m., New York City time, on the Business
Day of the proposed Borrowing. Each such Borrowing Request shall be irrevocable and (in the case of telephonic requests) shall
be confirmed promptly by hand delivery or electronic means to the Administrative Agent of a written Borrowing Request signed by
the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

 

(i)               whether such Borrowing is to be a Borrowing of Initial Term Loans or Other Term Loans of a particular Class;

 

(ii)             
the aggregate amount of the requested Borrowing;

 

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(iii)            
 the date of such Borrowing, which shall be a Business Day;

 

(iv)            
whether such Borrowing is to be a Base Rate Borrowing or a Eurodollar Rate Borrowing;

 

(v)              
in the case of a Eurodollar Rate Borrowing, the initial Interest Period to be applicable thereto, which shall be
a period contemplated by the definition of the term “Interest Period”; and

 

(vi)            
the location and number of the Borrower’s account to which funds are to be disbursed.

 

If no election as to the Type of Borrowing
is specified, then the requested Borrowing shall be a Base Rate Borrowing. If no Interest Period is specified with respect to any
requested Eurodollar Rate Borrowing then the Borrower shall be deemed to have selected an Interest Period of one month’s
duration. Promptly following receipt of a Borrowing Request in accordance with this Section 2.03, the Administrative
Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Term Loan to be made as part of
the requested Borrowing.

 

Section 2.04       
[Reserved].

 

Section 2.05       
[Reserved].

 

Section 2.06       
Funding of Borrowings.

 

(a)              
Each Lender shall make each Term Loan to be made by it hereunder on the proposed date thereof by wire transfer of
immediately available funds by 1:00 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. The Administrative Agent will make such Term Loans available to the Borrower by
promptly crediting the amounts so received, in like funds, to an account of the Borrower as specified in the applicable Borrowing
Request.

 

(b)               Unless
the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar
Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 p.m. noon, New York City time on the date of
such 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
clause (a) of this Section 2.06 and may, in reliance upon such assumption, make available to the Borrower a
corresponding amount. In such event, if a Lender has not in fact made its share of the Borrowing available to the
Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent
forthwith on demand such amount with interest thereon, for each day from and including the date such amount is made available
to the Borrower 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 (A) the Federal Funds Rate and (B) a rate determined by the Administrative Agent in accordance
with banking industry rules on interbank compensation or (ii) in the case of a payment to be made by the Borrower, the
interest rate then applicable to Base Rate Loans. If such Lender pays such amount to the Administrative Agent, then such
amount shall constitute such Lender’s Term Loan included in such Borrowing. The foregoing shall be without prejudice to
any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent.

 

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Section 2.07       
Interest Elections.

 

(a)              
Each Borrowing initially shall be of the Type, and under the applicable Class, specified in the applicable Borrowing
Request and, in the case of a Eurodollar Rate Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.
Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case
of a Eurodollar Rate Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.07. The Borrower
may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall
be allocated ratably among the Lenders holding the Term Loans comprising such Borrowing, and the Term Loans comprising each such
portion shall be considered a separate Borrowing. Notwithstanding any other provision of this Section 2.07, the Borrower
shall not be permitted to change the Class or currency of any Borrowing.

 

(b)              
To make an election pursuant to this Section 2.07, the Borrower shall notify the Administrative Agent
of such election (by telephone or irrevocable written notice), by the time that a Borrowing Request would be required under Section 2.03
if the Borrower were requesting a Borrowing of the Type and Class resulting from such election to be made on the effective date
of such election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by hand delivery
or electronic means to the Administrative Agent of a written Interest Election Request signed by the Borrower. Notwithstanding
any contrary provision herein, this Section 2.07 shall not be construed to permit the Borrower to (i) elect an Interest
Period for Eurodollar Rate Loans that does not comply with Section 2.02(c) or (ii) convert any Borrowing to a Borrowing
of a Type not available under the Class of Commitments or Term Loans pursuant to which such Borrowing was made.

 

(c)              
Each telephonic and written 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 the resulting Borrowing is to be a Base Rate Borrowing or a Eurodollar Rate Borrowing; and

 

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(iv)          
 if the resulting Borrowing is a Eurodollar Rate Borrowing, the Interest Period to be applicable thereto after giving
effect to such election, which Interest Period shall be a period contemplated by the definition of the term “Interest Period.”

 

If any such Interest Election Request requests
a Eurodollar Rate Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest
Period of one month’s duration. If less than all the outstanding principal amount of any Borrowing shall be converted or
continued, then each resulting Borrowing shall be in an integral multiple of the Borrowing Multiple and not less than the Borrowing
Minimum and satisfy the limitations specified in Section 2.02(c) regarding the maximum number of Borrowings of the
relevant Type.

 

(d)              
Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender to
which such Interest Election Request relates of the details thereof and of such Lender’s portion of each resulting Borrowing.

 

(e)              
If the Borrower fails to deliver a timely Interest Election Request with respect to a Eurodollar Rate Borrowing prior
to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such
Interest Period such Borrowing shall be converted to a Base Rate Borrowing. Notwithstanding any contrary provision hereof, if an
Event of Default has occurred and is continuing and the Administrative Agent, at the written request (including a request through
electronic means) of the Required Lenders, so notifies the Borrower, then, so long as an Event of Default is continuing (i) no
outstanding Borrowing may be converted to or continued as a Eurodollar Rate Borrowing and (ii) unless repaid, each Eurodollar Rate
Borrowing shall be converted to a Base Rate Borrowing.

 

Section 2.08       
Termination and Reduction of Commitments.

 

(a)              
The Initial Term Loan Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the
making of such Term Lender’s Initial Term Loans pursuant to Section 2.01.

 

(b)             
The Borrower may at any time terminate, or from time to time reduce, the Commitments of any Class; provided,
that each reduction of the Commitments of any Class shall be in an amount that is an integral multiple of $5,000,000 and not less
than $10,000,000 (or, if less, the remaining amount of the Commitments of such Class).

 

(c)               The
Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments of any Class under
paragraph (b) of this Section 2.08 at least three (3) Business Days prior to the effective date of such
termination or reduction (or such shorter period acceptable to the Administrative Agent), specifying such election and the
effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the applicable
Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section 2.08 shall
be irrevocable; provided, that a notice of termination or reduction of the Commitments of any Class delivered by the
Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar
agreements or other transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative
Agent on or prior to the specified effective date) if such condition is not satisfied.

 

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Any termination or reduction of the
Commitments shall be permanent. Each reduction of the Commitments of any Class shall be made ratably among the Lenders in
accordance with their respective Commitments of such Class.

 

Section 2.09       
Repayment of Term Loans; Evidence of Debt.

 

(a)              
The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the
then unpaid principal amount of each Term Loan to the Borrower of such Lender as provided in Section 2.10.

 

(b)              
Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness
of the Borrower to such Lender resulting from each Term Loan made by such Lender, including the amounts of principal and interest
payable and paid to such Lender from time to time hereunder.

 

(c)              
The Administrative Agent shall maintain accounts in which it shall record (i) the amount of each Term Loan made hereunder,
the Facility, Class and Type thereof and the Interest Period (if any) applicable thereto, (ii) the amount of any principal or interest
due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) any amount received by the Administrative
Agent hereunder for the account of the Lenders and each Lender’s share thereof.

 

(d)              
The entries made in the accounts maintained pursuant to clause (b) or (c) of this Section 2.09 shall
be prima facie evidence of the existence and amounts of the obligations recorded therein; provided, that the failure
of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation
of the Borrower to repay the Term Loans in accordance with the terms of this Agreement.

 

(e)              
Any Lender may request that Term Loans made by it be evidenced by a promissory note (a “Note”).
In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if
requested by such Lender, to such Lender and its registered assigns) and substantially in the form attached hereto as Exhibit
F, or in another form approved by such Lender, the Administrative Agent and the Borrower in their sole discretion. Thereafter,
unless otherwise agreed to by the applicable Lender, the Term Loans evidenced by such promissory note and interest thereon shall
at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in
such form.

 

Section 2.10       
Repayment of Term Loans.

 

(a)              
Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

 

(i)                
the Borrower shall repay principal of outstanding Term Loans on the last Business Day of each calendar quarter
(commencing on the last Business Day of the first calendar quarter of 2021) (each such date being referred to as an “Initial
Term Loan Installment Date”) in an aggregate principal amount equal to 0.25% of the aggregate principal amount of Initial
Term Loans funded on the Closing Date;

 

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(ii)             
 in the event that any Other Term Loans are made, the Borrower shall repay such Other Term Loans on the dates and
in the amounts set forth in the related Incremental Assumption Agreement, Extension Amendment or Refinancing Amendment (each such
date being referred to as an “Other Term Loan Installment Date”); and

 

(iii)           
to the extent not previously paid, all outstanding Term Loans shall be due and payable on the applicable Term Facility
Maturity Date.

 

(b)              
[Reserved].

 

(c)              
Any mandatory prepayment of Term Loans pursuant to Section 2.11(b) shall be applied so that the aggregate
amount of such prepayment is allocated among the Initial Term Loans and the Other Term Loans, if any, pro rata based on
the aggregate principal amount of outstanding Initial Term Loans and Other Term Loans, if any, to reduce amounts due on the succeeding
Term Loan Installment Dates for such Classes in direct order of maturity thereof; provided, that, subject to the pro
rata application to Term Loans outstanding within any respective Class of Term Loans, (x) with respect to mandatory prepayments
of Term Loans pursuant to Section 2.11(b)(i)(1), any Class of Other Incremental Term Loans may receive less than such
pro rata share thereof (so long as the amount by which such pro rata share exceeds the amount actually applied to
such Class is applied to repay (on a pro rata basis) the outstanding Initial Term Loans and any other Classes of then outstanding
Other Incremental Term Loans), in each case to the extent the respective Class receiving less than its pro rata share has
consented thereto and (y) the Borrower shall allocate any repayments pursuant to Section 2.11(b)(i)(2) to repay the
respective Class or Classes being refinanced, as provided in said Section 2.11(b)(i)(2). Any optional prepayments of
the Term Loans pursuant to Section 2.11(a) shall be applied to the remaining installments of the Term Loans under the
applicable Class or Classes as the Borrower may in each case direct.

 

Prior to any prepayment of any Term Loan
under any Facility hereunder, except as set forth in Section 2.10(d), the Borrower shall select the Borrowing or Borrowings
under the applicable Facility to be prepaid and shall notify the Administrative Agent by electronic means or by telephone (confirmed
by delivery of a Notice of Loan Prepayment) of such selection not later than (i) in the case of a Base Rate Borrowing, 11:00 a.m.,
New York City time, on the scheduled date of such prepayment and (ii) in the case of a Eurodollar Rate Borrowing, 12:00 p.m. noon,
New York City time, three (3) Business Days before the scheduled date of such prepayment (or, in each case, such shorter period
acceptable to the Administrative Agent). Each such notice shall be irrevocable; provided, that a notice of prepayment may
state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other
transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the
specified effective date) if such condition is not satisfied. Each repayment of a Borrowing shall be applied ratably to the Term
Loans included in the repaid Borrowing. All repayments of Term Loans shall be accompanied by (1) accrued interest on the amount
repaid to the extent required by Section 2.13(d) and (2) break funding payments pursuant to Section 2.16.

 

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(d)               The
Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to be made
pursuant to Section 2.11(b) at least two (2) Business Days prior to the date of such prepayment. Each such notice
shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The
Administrative Agent will promptly notify each Term Lender of the contents of any such prepayment notice and of such Term
Lender’s ratable portion of such prepayment (based on such Lender’s pro rata share of each relevant Class
of the Term Loans). Any Term Lender (a “Declining Term Lender”) may elect, by delivering notice to the
Administrative Agent and the Borrower no later than 5:00 p.m. one (1) Business Day after the date of delivery by the
Administrative Agent of such notification to such Term Lender of notice from the Administrative Agent regarding such
prepayment, that the full amount of any mandatory prepayment otherwise required to be made with respect to the Term Loans
held by such Term Lender pursuant to Section 2.11(b) not be made (the aggregate amount of such prepayments
declined by the Declining Term Lenders, the “Declined Prepayment Amount”). If a Term Lender fails to
deliver notice setting forth such rejection of a prepayment to the Administrative Agent within the time frame specified above
or such notice fails to specify the principal amount of the Term Loans to be rejected, any such failure will be deemed an
acceptance of the total amount of such mandatory prepayment of Term Loans. Any Declined Prepayment Amount shall be retained
by the Borrower. For the avoidance of doubt, the Borrower may, at its option, apply any amounts retained in accordance with
the immediately preceding sentence to prepay loans in accordance with Section 2.11(a) below.

 

Section 2.11       
Prepayment of Term Loans.

 

(a)              
The Borrower shall have the right at any time and from time to time to prepay any Term Loan in whole or in part,
without premium or penalty (but subject to (x) Section 2.16, (y) the last sentence of this Section 2.11(a)
and (z) prior notice pursuant to delivery to the Administrative Agent of a Notice of Loan Prepayment and in accordance with the
provisions of Section 2.10(c)), in an aggregate principal amount that is an integral multiple of the Borrowing Multiple
and not less than the Borrowing Minimum or, if less, the amount outstanding, subject to prior notice in accordance with Section 2.10(d).
If any Repricing Event occurs prior to the date that is 12 months after the Closing Date, the Borrower agrees to pay to the Administrative
Agent, for the ratable account of each Lender with Term Loans that are subject to such Repricing Event, a fee in an amount equal
to 1.00% of the aggregate principal amount of the Term Loans subject to such Repricing Event. Such fees shall be earned, due and
payable upon the date of the occurrence of such Repricing Event.

 

(b)              
 

 

(i)                
The Borrower shall apply (1) all Net Proceeds (other than Net Proceeds of the kind described in the following clause
(2)) within five (5) Business Days after receipt thereof to prepay Term Loans in accordance with clauses (c) and (d) of Section 2.10
and (2) all Net Proceeds from any issuance or incurrence of Refinancing Notes and Refinancing Term Loans (other than solely by
means of extending or renewing then existing Refinancing Notes and Refinancing Term Loans without resulting in any Net Proceeds),
no later than three (3) Business Days after the date on which such Refinancing Notes and Refinancing Term Loans are issued or incurred,
to prepay Term Loans in accordance with Section 2.10(c), Section 2.23 and the definition of “Refinancing
Notes” (as applicable).

 

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(ii)             
 On or before each Excess Cash Flow Payment Date, the Borrower shall apply an amount equal to the excess of (i) the
ECF Percentage of Excess Cash Flow for the related Excess Cash Flow Period over (ii) to the extent not financed using the
proceeds of long-term Indebtedness, the aggregate principal amount of Term Loans prepaid pursuant to Section 2.11(a)
during such Excess Cash Flow Period.

 

(c)              
Prepayments of any Term Loans hereunder will be (x) net of any additional Taxes paid, or estimated by the Borrower
in good faith to be payable, as a result of the repatriation of such Net Proceeds and (y) limited, in the case of prepayments attributable
to Excess Cash Flow or Net Proceeds of Foreign Subsidiaries, to the extent that the Borrower determines in good faith that repatriation
of such Net Proceeds would result in material adverse Tax consequences or that such prepayments would be prohibited or restricted
by applicable Requirement of Law; provided that, (i) Parent and its Subsidiaries shall use commercially reasonable efforts
to eliminate such Tax consequences of repatriation and (ii) once the repatriation of any such funds is permitted under the applicable
Requirement of Law and no longer results in material adverse Tax consequences, an amount equal to such funds will be promptly applied
(net of additional taxes that would be payable or reserved against as a result of repatriating such amounts) to the prepayment
of the Term Loans in accordance with this Section 2.11.

 

Section 2.12       
Fees. The Borrower agrees to pay to the Administrative Agent, for the account of the Administrative Agent,
the “Administrative Agency Fee” as set forth in the Administrative Agent Fee Letter, in the amounts and at the times
specified therein.

 

Section 2.13       
Interest.

 

(a)              
The Term Loans comprising each Base Rate Borrowing shall bear interest at the Base Rate plus the Applicable Margin.

 

(b)              
The Term Loans comprising each Eurodollar Rate Borrowing shall bear interest at the Eurodollar Rate for the Interest
Period in effect for such Borrowing plus the Applicable Margin.

 

(c)              
Notwithstanding the foregoing, if any principal of or interest on any Term Loan or any fees or other amount payable
by the Borrower hereunder is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount
shall bear interest, after as well as before judgment, at a rate per annum equal to (i) in the case of overdue principal of any
Term Loan, 2% plus the rate otherwise applicable to such Term Loan as provided in the preceding clauses of this Section 2.13
or (ii) in the case of any other overdue amount, 2% plus the rate applicable to Base Rate Loans as provided in clause (a) of this
Section 2.13; provided, that this clause (c) shall not apply to any Event of Default that has been waived by
the Lenders pursuant to Section 9.08.

 

(d)              Accrued
interest on each Term Loan shall be payable in arrears (i) on each Interest Payment Date for such Term Loan and (ii) on the
applicable Term Facility Maturity Date; provided, that (A) interest accrued pursuant to clause (c) of this Section 2.13
shall be payable on demand, (B) in the event of any repayment or prepayment of any Term Loan, accrued interest on the
principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (C) in the event of any
conversion of any Eurodollar Rate Loan prior to the end of the current Interest Period therefor, accrued interest on such
Term Loan shall be payable on the effective date of such conversion.

 

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(e)              
All interest hereunder shall be computed on the basis of a year of 360 days, except that interest computed by
reference to the Base Rate (including all Base Rate Loans) 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 Base Rate or Eurodollar Rate shall be determined by the Administrative Agent, and such determination
shall be conclusive absent manifest error.

 

Section 2.14       
Inability to Determine Rates.

 

(a)              
If in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof, (i) the
Administrative Agent determines that (A) Dollar deposits are not being offered to banks in the London interbank eurodollar market
for the applicable amount and Interest Period of such Eurodollar Rate Loan, or (B) (x) adequate and reasonable means do not exist
for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or in connection
with an existing or proposed Base Rate Loan and (y) the circumstances described in Section 2.14(c)(i) do not apply
(in each case with respect to this clause (i), “Impacted Loans”), or (ii) the Administrative Agent or the
Required Lenders determine that for any reason the Eurodollar Rate for any requested Interest Period with respect to a proposed
Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Eurodollar Rate Loan, the
Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to
make or maintain Eurodollar Rate Loans shall be suspended, (to the extent of the affected Eurodollar Rate Loans or Interest Periods),
and (y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component
of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each case
until the Administrative Agent (or, in the case of a determination by the Required Lenders described in clause (ii) of this Section 2.14(a),
until the Administrative Agent upon instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the
Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans (to the extent
of the affected Eurodollar Rate Loans or Interest Periods) or, failing that, will be deemed to have converted such request into
a request for a Borrowing of Base Rate Loans in the amount specified therein.

 

(b)               Notwithstanding
the foregoing, if the Administrative Agent has made the determination described in clause (i) of Section 2.14(a),
the Administrative Agent, in consultation with the Borrower, may establish an alternative interest rate for the Impacted
Loans, in which case, such alternative rate of interest shall apply with respect to the Impacted Loans until (i) the
Administrative Agent revokes the notice delivered with respect to the Impacted Loans under clause (i) of the first sentence
of Section 2.14(a), (ii) the Administrative Agent or the Required Lenders notify the Administrative Agent
and the Borrower that such alternative interest rate does not adequately and fairly reflect the cost to such Lenders of
funding the Impacted Loans, or (iii) any Lender determines that any Law has made it unlawful, or that any Governmental
Authority has asserted that it is unlawful, for such Lender or its applicable Lending Office to make, maintain or fund Term
Loans whose interest is determined by reference to such alternative rate of interest or to determine or charge interest rates
based upon such rate or any Governmental Authority has imposed material restrictions on the authority of such Lender to do
any of the foregoing and provides the Administrative Agent and the Borrower written notice thereof.

 

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(c)              
Notwithstanding anything to the contrary in this Agreement or any other Loan Documents, if the Administrative Agent
determines (which determination shall be conclusive absent manifest error), or the Borrower or Required Lenders notify the Administrative
Agent (with, in the case of the Required Lenders, a copy to the Borrower) that the Borrower or Required Lenders (as applicable)
have determined, that:

 

(i)               
adequate and reasonable means do not exist for ascertaining LIBOR for any requested Interest Period, including, without
limitation, because the LIBOR Screen Rate is not available or published on a current basis and such circumstances are unlikely
to be temporary, or

 

(ii)             
 the administrator of the LIBOR Screen Rate or a Governmental Authority having jurisdiction over the Administrative
Agent has made a public statement identifying a specific date after which LIBOR or the LIBOR Screen Rate shall no longer be made
available, or used for determining the interest rate of loans, provided that, at the time of such statement, there is no successor
administrator that is satisfactory to the Administrative Agent, that will continue to provide LIBOR after such specific date (such
specific date, the “Scheduled Unavailability Date”), or

 

(iii)           
 syndicated loans currently being executed, or that include language similar to that contained in this Section 2.14,
are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate to replace LIBOR,

 

(iv)             then,
reasonably promptly after such determination by the Administrative Agent or receipt by the Administrative Agent of such
notice, as applicable, the Administrative Agent and the Borrower may amend this Agreement solely for the purpose of replacing
LIBOR in accordance with this Section 2.14 with (x) one or more SOFR-Based Rates or (y) another alternate benchmark
rate giving due consideration to any evolving or then existing convention for similar U.S. dollar denominated syndicated
credit facilities for such alternative benchmarks and, in each case, including any mathematical or other adjustments to such
benchmark giving due consideration to any evolving or then existing convention for similar U.S. dollar denominated syndicated
credit facilities for such benchmarks, which adjustment or method for calculating such adjustment shall be published on an
information service as selected by the Administrative Agent from time to time in its reasonable discretion and may be
periodically updated (the “Adjustment;” and any such proposed rate, a “LIBOR Successor Rate”),
and any such amendment shall become effective at 5:00 p.m. on the fifth Business Day after the Administrative Agent shall
have posted such proposed amendment to all Lenders and the Borrower unless, prior to such time, Lenders comprising the
Required Lenders have delivered to the Administrative Agent written notice that such Required Lenders (A) in the case of an
amendment to replace LIBOR with a rate described in clause (x), object to the Adjustment; or (B) in the case of an amendment
to replace LIBOR with a rate described in clause (y), object to such amendment; provided that for the avoidance of doubt, in
the case of clause (A), the Required Lenders shall not be entitled to object to any SOFR-Based Rate contained in any such
amendment. Such LIBOR Successor Rate shall be applied in a manner consistent with market practice; provided that to
the extent such market practice is not administratively feasible for the Administrative Agent, such LIBOR Successor Rate
shall be applied in a manner as otherwise reasonably determined by the Administrative Agent.

 

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If no LIBOR Successor Rate has been determined
and the circumstances under clause (i) above exist or the Scheduled Unavailability Date has occurred (as applicable), the
Administrative Agent will promptly so notify the Borrower and each Lender.  Thereafter, (x) the obligation of the Lenders
to make or maintain Eurodollar Rate Loans shall be suspended, (to the extent of the affected Eurodollar Rate Loans or Interest
Periods), and (y) the Eurodollar Rate component shall no longer be utilized in determining the Base Rate.  Upon receipt
of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate
Loans (to the extent of the affected Eurodollar Rate Loans or Interest Periods) or, failing that, will be deemed to have converted
such request into a request for a Borrowing of Base Rate Loans (subject to the foregoing clause (y)) in the amount specified therein.

 

Notwithstanding anything else herein, any
definition of “LIBOR Successor Rate” shall provide that in no event shall such LIBOR Successor Rate be less than zero
for purposes of this Agreement.

 

In connection with the implementation of
a LIBOR Successor Rate, the Administrative Agent will have the right to make LIBOR Successor Rate Conforming Changes from time
to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such LIBOR
Successor Rate Conforming Changes will become effective without any further action or consent of any other party to this Agreement;
provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing
such LIBOR Successor Conforming Changes to the Lenders reasonably promptly after such amendment becomes effective.

 

Section 2.15       
 Increased Costs.

 

(a)              
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 by, any Lender;

 

(ii)             
subject the Administrative Agent or any Lender to any Taxes (other than (i) Indemnified Taxes and Other Taxes indemnifiable
under Section 2.17 or (ii) Excluded Taxes); or

 

(iii)              impose
on any Lender the London or other relevant interbank market any other condition affecting this Agreement or Term Loans made
by such Lender or participation therein; and the result of any of the foregoing shall be to increase the cost to such Lender
of making or maintaining any Term Loan or of maintaining its obligation to make any such Term Loan or to reduce the amount of
any sum received or receivable by such Lender under any Loan Document, whether of principal, interest or otherwise, then the
Borrower will pay to the Administrative Agent or such Lender, as applicable, such additional amount or amounts as will
compensate the Administrative Agent or such Lender, as applicable, for such additional costs incurred or reduction
suffered.

 

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(b)              
If any Lender determines that any Change in Law regarding capital or liquidity requirements has or would have the
effect of reducing the rate of return on such Lender’s capital or on the capital of such Lender’s holding company,
if any, as a consequence of this Agreement or the Term Loans or Commitments made by such Lender to a level below that which such
Lender or such Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s
policies and the policies of such Lender’s holding company with respect to capital adequacy and liquidity), then from time
to time the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender’s
holding company for any such reduction suffered.

 

(c)            A
certificate of a Lender setting forth the amount or amounts necessary to compensate such Lender or its holding company, as applicable,
as specified in clause (a) or (b) of this Section 2.15 shall be delivered to the Borrower and shall be conclusive
absent manifest error; provided, that any such certificate claiming amounts described in clause (x) or (y) of the definition
of “Change in Law” shall, in addition, state the basis upon which such amount has been calculated and certify that
it is the general policy of such Lender to impose applicable increased costs or costs in connection with capital adequacy requirements
similar to those described in clauses (a) and (b) of this Section 2.15 generally on other similarly situated borrowers under similar
circumstances under agreements permitting such impositions. The Borrower shall pay such Lender the amount shown as due on any such
certificate within 10 days after receipt thereof.

 

(d)              
Promptly after any Lender has determined that it will make a request for increased compensation pursuant to this
Section 2.15, such Lender shall notify the Borrower thereof. Failure or delay on the part of any Lender to demand compensation
pursuant to this Section 2.15 shall not constitute a waiver of such Lender’s right to demand such compensation;
provided, that the Borrower shall not be required to compensate a Lender pursuant to this Section 2.15 for any
increased costs or reductions incurred more than 120 days prior to the date that such Lender notifies the Borrower of the Change
in Law giving rise to such increased costs or reductions and of such Lender’s intention to claim compensation therefor; provided,
further, that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 90-day period
referred to above shall be extended to include the period of retroactive effect thereof.

 

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Section 2.16        Break
Funding Payments. In the event of (a) the payment of any principal of any Eurodollar Rate Loan other than on the last day
of an Interest Period applicable thereto (including as a result of an Event of Default or as a result of any prepayment
pursuant to Section 2.10 or 2.11), (b) the conversion of any Eurodollar Rate Loan other than on the last
day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Eurodollar Rate
Loan on the date specified in any notice delivered pursuant hereto (unless such notice may be revoked under Section 2.10(c) and
is revoked in accordance therewith) or (d) the assignment of any Eurodollar Rate Loan other than on the last day of the
Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 2.19, then, in
any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. Such
loss, cost or expense to any Lender shall be deemed to include an amount determined by such Lender (it being understood that
the deemed amount shall not exceed the actual amount) to be the excess, if any, of (i) the amount of interest that would have
accrued on the principal amount of such Term Loan had such event not occurred, at the Eurodollar Rate that would have been
applicable to such Term Loan, for the period from the date of such event to the last day of the then current Interest Period
therefor (or, in the case of a failure to borrow, convert or continue, for the period that would have been the Interest
Period for such Term Loan), over (ii) the amount of interest that would accrue on such principal amount for such period at
the interest rate which such Lender would bid were it to bid, at the commencement of such period, for deposits in Dollars of
a comparable amount and period from other banks in the Eurodollar Rate market. A certificate of any Lender setting forth any
amount or amounts that such Lender is entitled to receive pursuant to this Section 2.16 shall be delivered to the
Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any
such certificate within 10 days after receipt thereof.

 

Section 2.17       
Taxes.

 

(a)              
All payments made by or on behalf of any Loan Party under this Agreement or any other Loan Document shall be made
free and clear of, and without deduction or withholding for or on account of, any Taxes; provided, that if a Loan Party,
the Administrative Agent or any other applicable withholding agent shall be required by any applicable Requirement of Law to deduct
or withhold any Taxes from such payments, then (i) the applicable withholding agent shall make such deductions or withholdings
as are reasonably determined by the applicable withholding agent to be required by such applicable Requirement of Law, (ii) the
applicable withholding agent shall timely pay the full amount deducted or withheld to the relevant Governmental Authority within
the time allowed and in accordance with applicable Requirements of Law, and (iii) to the extent withholding or deduction is required
to be made on account of Indemnified Taxes or Other Taxes, the sum payable by the Loan Party shall be increased as necessary so
that after all required deductions and withholdings have been made (including deductions or withholdings applicable to additional
sums payable under this Section 2.17) the Lender (or, in the case of payments made to the Administrative Agent for
its own account, the Administrative Agent) receives an amount equal to the sum it would have received had no such deductions or
withholdings been made. As soon as reasonably practicable after any payment of Taxes by any Loan Party or the Administrative Agent
to a Governmental Authority as provided in this Section 2.17, the Borrower shall deliver to the Administrative Agent
or the Administrative Agent shall deliver to the Borrower, as the case may be, a certified copy of a receipt issued by such Governmental
Authority evidencing such payment, a copy of any return required by applicable Requirements of Law to report such payment or other
evidence of such payment reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be.

 

(b)              
The Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable
Requirements of Law or, where applicable, timely reimburse the Administrative Agent for the payment of any Other Taxes.

 

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(c)              
 Without duplication of any additional amounts paid pursuant to Section 2.17(a)(iii) or any amounts paid
pursuant to Section 2.17(b), the Borrower shall indemnify and hold harmless each Recipient within fifteen (15) Business
Days after written demand therefor, for the full amount of any Indemnified Taxes or Other Taxes imposed on such Recipient (including
Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section 2.17),
and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were
correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate setting forth in reasonable detail
the basis and calculation of the amount of such payment or liability delivered to the Borrower by a Lender or by the Administrative
Agent (as applicable) on its own behalf or on behalf of a Lender shall be conclusive absent manifest error.

 

(d)              
The Borrower shall promptly upon becoming aware that a Loan Party must make any deduction or withholding in respect
of Taxes (or that there is any change in the rate or the basis of any deduction or withholding in respect of Taxes) notify the
Administrative Agent accordingly.

 

(e)              
Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments under this
Agreement shall deliver to the Borrower and the Administrative Agent, at the time(s) and in the manner(s) reasonably requested
by the Borrower or the Administrative Agent, such information and/or properly completed and executed documentation reasonably requested
by the Borrower or Administrative Agent as may permit such payments to be made without withholding or at a reduced rate of withholding.
In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation
prescribed by Requirements of Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower
or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements.
Notwithstanding anything to the contrary in this Section 2.17(e), the completion, execution and submission of such
documentation shall only be required to the extent the relevant Lender is legally eligible to do so.

 

Without limiting the foregoing:

 

(i)              
Each Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date
on which such Lender becomes a Lender under this Agreement (and from time to time upon the reasonable request of the Borrower or
the Administrative Agent) two properly completed and duly executed originals of IRS Form W-9 (or any successor form) certifying
that such Lender is exempt from United States backup withholding Tax.

 

(ii)             
Each Foreign Lender shall, to the extent it is legally eligible to do so, deliver to the Borrower and the Administrative
Agent on or prior to the date on which such Foreign Lender becomes a party to this Agreement (and from time to time thereafter
upon the reasonable request of the Borrower or the Administrative Agent), two properly completed and duly executed originals of
whichever of the following is applicable:

 

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(1)              
 in the case of a Foreign Lender (or, if such Foreign Lender is disregarded as an entity separate from its owner
for U.S. federal income tax purposes, the person treated as its owner for U.S. federal income tax purposes) eligible for the benefits
of an income tax treaty to which the United States is a party, IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable,
establishing an exemption from, or reduction of, U.S. federal withholding tax pursuant to such treaty;

 

(2)              
IRS Form W-8ECI with respect to such Foreign Lender (or, if such Foreign Lender is disregarded as an entity
separate from its owner for U.S. federal income tax purposes, with respect to the person treated as its owner for U.S. federal
income tax purposes);

 

(3)              
in the case of a Foreign Lender (or, if such Foreign Lender is disregarded as an entity separate from its owner for
U.S. federal income tax purposes, the person treated as its owner for U.S. federal income tax purposes) entitled to the benefits
of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit
H-1 to the effect that such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the
Code, a “10-percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a
 “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code and that no payment made in connection
with any Loan Document is effectively connected with the conduct of a U.S. trade or business by such Foreign Lender (a “U.S.
Tax Compliance Certificate”) and (y) IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable; or

 

(4)              
to the extent a Foreign Lender (or, if such Foreign Lender is disregarded as an entity separate from its owner for
U.S. federal income tax purposes, the person treated as its owner for U.S. federal income tax purposes) is not the beneficial owner
of such payments, IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN or IRS Form W-8BEN-E,
a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-3 or Exhibit H-4, IRS Form W-9,
and/or other certification documents from each beneficial owner, as applicable; provided, that if the Foreign Lender is
a partnership (and not a participating Lender) and one or more direct or indirect partners of such Foreign Lender are claiming
the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of
Exhibit H-2 on behalf of such direct and indirect partner(s).

 

(iii)            Any
Foreign Lender shall, to the extent it is legally eligible to do so, deliver to the Borrower and the Administrative Agent (in
such number of copies as shall be requested by the recipient) on or about the date on which such Foreign Lender becomes a
Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the
Administrative Agent), executed copies of any other form prescribed by Requirements of Law as a basis for claiming exemption
from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be
prescribed by Requirements of Law to permit the Borrower or the Administrative Agent to determine the withholding or
deduction required to be made;

 

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(iv)            
If a payment made to any Lender under this Agreement or any other 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 the Borrower and the
Administrative Agent at the time or times prescribed by Requirements of Law and at such time or times reasonably requested by the
Borrower or the Administrative Agent such documentation prescribed by applicable Requirements of Law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative
Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA, to determine
whether such Lender has complied with such Lender’s obligations under FATCA or to determine the amount, if any, to deduct
and withhold from such payment. Solely for purposes of this Section 2.17(e)(iv), “FATCA” shall include
any amendments made to FATCA after the date of this Agreement.

 

(v)              
Each Lender (A) shall promptly notify the Borrower and the Administrative Agent of any change in circumstance which
would modify or render invalid any claimed exemption or reduction, and (B) if any documentation it previously delivered pursuant
to this Section 2.17(e) expires or becomes inaccurate in any respect, shall promptly (x) update such documentation
or (y) notify the Borrower and the Administrative Agent in writing of its legal ineligibility to do so.

 

(vi)            
Each Lender hereby authorizes the Administrative Agent to deliver to the Loan Parties and to any successor Administrative
Agent any documentation provided by such Lender to the Administrative Agent pursuant to this Section 2.17(e).

 

(f)               
[Reserved].

 

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(g)               If
any Lender or the Administrative Agent, as applicable, determines in good faith that it has received a refund or repayment
(for the avoidance of doubt, whether such refund or repayment is received in cash or applied as a reduction or offset of
other cash Taxes due to the taxing authority granting such refund or repayment) of an Indemnified Tax or Other Tax (each, a
 “Refund”) for which it has received a payment from a Loan Party pursuant to this Section 2.17,
then the Lender or the Administrative Agent, as the case may be, shall reimburse the Loan Party for such amount (net of all
reasonable out-of-pocket expenses (including Taxes) of such Lender or the Administrative Agent, as the case may be, and
without interest other than any interest received thereon from the relevant Governmental Authority with respect to such
Refund) as the Lender or Administrative Agent, as the case may be, determines in good faith to be the portion of the Refund
as will leave it, after such reimbursement, in no better or worse position (taking into account expenses (including Taxes)
imposed on the Refund) than it would have been in if the Indemnified Tax or Other Tax giving rise to such Refund had not been
imposed in the first instance and no amounts had been paid in respect thereof pursuant to this Section 2.17; provided,
that the Loan Party, upon the request of the Lender or the Administrative Agent, agrees to repay the amount paid over to the
Loan Party (plus any penalties, interest (solely with respect to the time period after such funds were paid over to any Loan
Party pursuant to this Section 2.17(g), except to the extent that the refund was initially claimed at the written
request of such Loan Party) or other charges imposed by the relevant Governmental Authority) to the Lender or the
Administrative Agent in the event the Lender or the Administrative Agent is required to repay such Refund to such
Governmental Authority. In such event, such Lender or the Administrative Agent, as the case may be, shall, at the
Borrower’s request, provide the Borrower with a copy of any notice of assessment or other evidence of the requirement
to repay such Refund received from the relevant Governmental Authority (provided, that such Lender or the
Administrative Agent may delete any information therein that it reasonably deems confidential). No Lender nor the
Administrative Agent shall be obliged to make available its Tax returns (or any other information relating to its Taxes that
it reasonably deems confidential) to any Loan Party in connection with this clause (g) or any other provision of this Section 2.17.

 

(h)              
The agreements in this Section 2.17 shall survive any assignment by a Lender, the termination of this
Agreement and the payment of the Term Loans and all other amounts payable under any Loan Document.

 

Section 2.18       
Payments Generally; Pro Rata Treatment; Sharing of Set-offs.

 

(a)              
The Borrower shall make each payment required to be made by it hereunder (whether of principal, interest or fees,
or of amounts payable under Sections 2.15, 2.16 or 2.17, or otherwise) prior to 2:00 p.m., New York City
time (unless otherwise specified herein), on the date when due, in immediately available funds, without condition or deduction
for any defense, recoupment, set-off or counterclaim. Any amounts received after such time on any date may, in the discretion of
the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest
thereon. All such payments shall be made to the Administrative Agent to the applicable account located in New York City designated
to the Borrower by the Administrative Agent, except that payments pursuant to Sections 2.15, 2.16, 2.17
and 9.05 shall be made directly to the persons entitled thereto. The Administrative Agent shall distribute any such payments
received by it for the account of any other person to the appropriate recipient promptly following receipt thereof. Except as otherwise
expressly provided herein, if any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall
be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable
for the period of such extension. All payments made under the Loan Documents shall be made in Dollars. Any payment required to
be made by the Administrative Agent hereunder shall be deemed to have been made by the time required if the Administrative Agent
shall, at or before such time, have taken the necessary steps to make such payment in accordance with the regulations or operating
procedures of the clearing or settlement system used by the Administrative Agent to make such payment.

 

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(b)               Any
proceeds of Collateral received by the Administrative Agent on account of the Obligations (whether as a result of any
realization on the Collateral, any setoff rights, any distribution in connection with any proceedings or other action of any
Loan Party in respect of Debtor Relief Laws or otherwise and whether received in cash or otherwise) (i) not constituting (A)
a specific payment of principal, interest, fees or other sum payable under the Loan Documents (which shall be applied on a pro
rata basis among the relevant Lenders under the Class of Loans being prepaid as specified by the Borrower) or (B) a
mandatory prepayment (which shall be applied in accordance with Section 2.11) or (ii) after an Event of Default
has occurred and is continuing and the Administrative Agent or Collateral Agent so elects or the Required Lenders so direct,
shall be applied, subject to the provisions of any applicable Intercreditor Agreement, ratably first, to pay any fees,
indemnities, or expense reimbursements including amounts then due to the Administrative Agent, the Collateral Agent (and any
agent appointed by it under a Security Document), including all costs and expenses incurred by the Collateral Agent in
connection with the collection or sale of the Collateral, second, to pay any fees or expense reimbursements then due
to the Lenders (in their capacities as such) from the Borrower, third, to pay interest (including post-petition
interest, whether or not an allowed claim in any claim or proceeding under any Debtor Relief Laws) then due and payable on
the Loans ratably, fourth to repay principal on the Term Loans and any other amounts owing with respect to Secured
Cash Management Agreements, Secured Hedge Agreements and Secured Progress Payment Agreements and to cash collateralize the
aggregate undrawn amount of Secured Letters of Credit ratably, fifth, to the payment of any other Obligation due to
any Secured Party and sixth to the Loan Parties, their successors or assigns, or as a court of competent jurisdiction
may otherwise direct.

 

(c)              
If any Lender shall, by exercising any right of set-off or counterclaim or otherwise, obtain payment in respect of
any principal of, or interest on, any of its Term Loans of a given Class resulting in such Lender receiving payment of a greater
proportion of the aggregate amount of its Term Loans of such Class and accrued interest thereon than the proportion received by
any other Lender entitled to receive the same proportion of such payment, then the Lender receiving such greater proportion shall
purchase (for cash at face value) participations in the Term Loans of such Class of such other Lenders to the extent necessary
so that the benefit of all such payments shall be shared by all such Lenders ratably in accordance with the principal amount of
each such Lender’s respective Term Loans of such Class and accrued interest thereon; 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, (ii) the provisions of this clause
(c) shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with the express terms of
this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of
its Term Loans to any assignee or participant and (iii) nothing in this Section 2.18(c) shall be construed to limit
the applicability of Section 2.18(b) in the circumstances where Section 2.18(b) is applicable in accordance
with its terms. The Borrower consents to the foregoing and agree, to the extent each may effectively do so under applicable law,
that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of set-off
and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount
of such participation.

 

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(d)               Unless
the Administrative Agent shall have received notice from the Borrower prior to the time at which any payment is due to the
Administrative Agent for the account of the relevant Lenders hereunder that the Borrower will not make such payment, the
Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in
reliance upon such assumption, distribute to the relevant Lenders the amount due. In such event, if the Borrower has not in
fact made such payment, then each of the relevant Lenders severally agrees to repay to the Administrative Agent forthwith on
demand the amount so distributed to such 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 the Federal Funds
Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank
compensation.

 

(e)              
Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing
of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the date of such 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 (or, in
the case of a Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required
by Section 2.06) and may, in reliance upon such assumption, make available to the Borrower a corresponding amount.
In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then
the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding
amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available
to the Borrower to but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by
such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Administrative
Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest rate applicable
to Base Rate Loans. If the Borrower 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 the Borrower the amount of such interest paid by the Borrower 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 the Borrower shall be without prejudice to any claim the Borrower
may have against a Lender that shall have failed to make such payment to the Administrative Agent. If any Lender shall fail to
make any payment required to be made by it pursuant to Section 2.06 or 2.18(d), 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 to satisfy such Lender’s obligations 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) above, in any
order as determined by the Administrative Agent in its discretion.

 

(f)                The
obligations of the Lenders hereunder to make Term Loans and to make payments pursuant to Section 9.05(f) are
several and not joint. The failure of any Lender to make any Term Loan, to fund any such participation or to make any payment
under Section 9.05(f) on any date required hereunder shall not relieve any other Lender of its corresponding
obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Term
Loan, to purchase its participation or to make its payment under Section 9.05(f).

 

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(g)              
If any Lender makes available to the Administrative Agent funds for any Term Loan to be made by such Lender as provided
in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative
Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance
with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender,
without interest.

 

Section 2.19       
Mitigation Obligations; Replacement of Lenders.

 

(a)              
If any Lender requests compensation under Section 2.15, or if the Borrower is required to pay any additional
amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17 or mitigate
the applicability of Section 2.20 or any event that gives rise to the operation of Section 2.20, then such
Lender shall use reasonable efforts to designate a different Lending Office for funding or booking its Term Loans hereunder or
to assign its rights and obligations hereunder to another of its offices, branches or Affiliates, if, in the reasonable judgment
of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 2.15
or Section 2.17, as applicable, in the future and (ii) would not subject such Lender to any material unreimbursed cost
or expense and would not otherwise be disadvantageous to such Lender in any material respect. The Borrower hereby agrees to pay
all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment.

 

(b)               If
(i) any Lender requests compensation under Section 2.15 (in a material amount in excess of that being charged by
other Lenders) or gives notice under Section 2.20 or (ii) the Borrower is required to pay any additional amount
to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17 (in a material
amount in excess of that being charged by other Lenders), then the Borrower may, at its sole expense and effort, upon notice
to such Lender and the Administrative Agent, require any such Lender to assign and delegate, without recourse (in accordance
with and subject to the restrictions contained in Section 9.04), all its interests, rights and obligations under
the Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender
accepts such assignment); provided, that (i) the Borrower shall have paid to the Administrative Agent the processing
and recordation fee (if any) specified in Section 9.04(b)(ii)(C), (ii) the Borrower shall have received the prior
written consent of the Administrative Agent, to the extent consent would be required under Section 9.04(b) for an
assignment of Term Loans or Commitments, as applicable, which consent, in each case, shall not unreasonably be withheld,
(iii) such Lender shall have received payment of an amount equal to the outstanding principal of its Term Loans, accrued
interest thereon, accrued fees and all other amounts payable to it hereunder from the assignee (to the extent of such
outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts), (iv) in the case of
any such assignment resulting from a claim for compensation under Section 2.15, payments required to be made
pursuant to Section 2.17 or a notice given under Section 2.20, such assignment will result in a
reduction in such compensation or payments and (v) such assignment does not conflict with any applicable Requirement of Law.
A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such
Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. No
action by or consent of the removed Lender shall be necessary in connection with such assignment, which shall be immediately
and automatically effective upon payment of such purchase price. In connection with any such assignment by the Borrower,
Administrative Agent, such removed Lender and the replacement Lender shall otherwise comply with Section 9.04, provided,
that if such removed Lender does not comply with Section 9.04 within one Business Day after the Borrower’s
request, compliance with Section 9.04 (but only on the part of the removed Lender) shall not be required to
effect such assignment.

 

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(c)              
If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a proposed amendment,
waiver or consent which pursuant to the terms of Section 9.08 requires the consent of all of the Lenders affected and
with respect to which the Required Lenders shall have granted their consent, then the Borrower shall have the right (unless such
Non-Consenting Lender grants such consent) at their sole expense (including with respect to the processing and recordation fee
referred to in Section 9.04(b)(ii)(C) to replace such Non-Consenting Lender by requiring such Non-Consenting Lender
to (and any such Non-Consenting Lender agrees that it shall, upon the Borrower’s request) assign its Term Loans and its Commitments
(or, at the Borrower’s option, the Term Loans and Commitments under the Facility that is the subject of the proposed amendment,
waiver or consent) hereunder to one or more assignees reasonably acceptable to the Administrative Agent (unless such assignee
is a Lender, an Affiliate of a Lender or an Approved Fund); provided, that: (i) all Loan Obligations of the Borrower owing
to such Non-Consenting Lender being replaced shall be paid in full in same day funds to such Non-Consenting Lender concurrently
with such assignment, (ii) the replacement Lender shall purchase the foregoing by paying to such Non-Consenting Lender a price
equal to the principal amount thereof plus accrued and unpaid interest thereon, (iii) the replacement Lender shall grant its consent
with respect to the applicable proposed amendment, waiver or consent and (iv) such assignment does not conflict with any applicable
Requirement of Law. No action by or consent of the Non-Consenting Lender shall be necessary in connection with such assignment,
which shall be immediately and automatically effective upon payment of such purchase price. In connection with any such assignment
by the Borrower, the Administrative Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 9.04;
provided, that if such Non-Consenting Lender does not comply with Section 9.04 within one Business Day after
the Borrower’s request, compliance with Section 9.04 (but only on the part of the Non-Consenting Lender) shall
not be required to effect such assignment.

 

Section 2.20        Illegality.
If any Lender reasonably determines that any Change in Law has made it unlawful, or that any Governmental Authority has
asserted after the Closing Date that it is unlawful, for any Lender or its applicable lending office to make, maintain or
fund any Eurodollar Rate Loans, or to determine or charge interest rates based upon the Eurodollar Rate, or any Governmental
Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of,
Dollars in the London interbank market then, on notice thereof by such Lender to the Borrower through the Administrative
Agent, (i) any obligations of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Borrowings to
Eurodollar Rate Borrowings shall be suspended and (ii) if such notice asserts the illegality of such Lender making or
maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate component of the
Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be
determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in each case
until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination
no longer exist. Upon receipt of such notice, (x) the Borrower shall upon demand from such Lender (with a copy to the
Administrative Agent), prepay all Eurodollar Rate Borrowings of such Lender or, if applicable, convert all Eurodollar Rate
Borrowings of such Lender to Base Rate Borrowings (the interest rate on such Base Rate Loans of such Lender shall, if
necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate
component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to
maintain such Eurodollar Rate Borrowings to such day, or immediately, if such Lender may not lawfully continue to maintain
such Term Loans and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based
upon the Eurodollar Rate, the Administrative Agent shall during the period of such suspension compute the Base Rate
applicable to such Lender without reference to the Eurodollar Rate component thereof until the Administrative Agent is
advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge interest rates based
upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount
so prepaid or converted.

 

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Section 2.21       
Incremental Term Loan Commitments.

 

(a)              
After the Closing Date has occurred, the Borrower may, by written notice to the Administrative Agent from time to
time, request Incremental Term Loan Commitments in an amount not to exceed the Incremental Amount available at the time such Incremental
Term Loans are funded (except as set forth in clause (C) of the third paragraph under Section 6.01) from one or more
Incremental Term Lenders (which may include any existing Lender, but shall be required to be persons which would qualify as assignees
of a Lender in accordance with Section 9.04) willing to provide such Incremental Term Loans in their sole discretion.
Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments being requested (which shall be in minimum
increments of $5,000,000 and a minimum amount of $10,000,000, or equal to the applicable remaining Incremental Amount or, in each
case, such lesser amount approved by the Administrative Agent), (ii) the date on which such Incremental Term Loan Commitments are
requested to become effective and (iii) whether such Incremental Term Loan Commitments are to be (x) commitments to make term loans
with terms identical to (and which shall together with any then outstanding Initial Term Loans, as applicable, form a single Class
of) the Initial Term Loans or (y) commitments to make term loans with pricing, maturity, amortization, participation in mandatory
prepayments and/or other terms different from the Initial Term Loans (“Other Incremental Term Loans”).

 

(b)              
The Borrower and each Incremental Term Lender shall execute and deliver to the Administrative Agent an Incremental
Assumption Agreement and such other documentation as the Administrative Agent shall reasonably specify to evidence the Incremental
Term Loan Commitment of such Incremental Term Lender. Each Incremental Assumption Agreement shall specify the terms of the applicable
Incremental Term Loans; provided, that:

 

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(i)             
 any commitments to make additional Initial Term Loans shall have the same terms as the Initial Term Loans, and shall
form part of the same Class of Initial Term Loans;

 

(ii)             
the Other Incremental Term Loans incurred pursuant to clause (a) of this Section 2.21 shall rank
equally and ratably or junior in right of security with the existing Term Loans;

 

(iii)            
the final maturity date of any such Other Incremental Term Loans shall be no earlier than the Latest Maturity Date
applicable to the Term Loans in effect at the date of incurrence of such Other Incremental Term Loans and, except as to pricing,
amortization, final maturity date and participation in mandatory prepayments (which shall, subject to the other clauses of this
proviso, be determined by the Borrower and the applicable Incremental Term Lenders in their sole discretion), shall have (x) the
same terms as the Term Loans or (y) such other terms as shall either be not materially more restrictive to Parent and its subsidiaries
taken as a whole as determined in good faith by Parent than the terms applicable to the then outstanding Term Loans or such terms
and conditions shall not apply until all then outstanding Term Loans are no longer outstanding (unless such more restrictive terms
are also added for the benefit of the then outstanding Term Loans); provided that if the Effective Yield of any Incremental
Term Loan secured on a pari passu basis with the existing Term Loans exceeds the Effective Yield of the Initial Term Loans by more
than 50 basis points, the Applicable Margin for the Initial Term Loans shall be increased to the extent necessary so that, after
giving effect to such increase, the Effective Yield of the Initial Term Loans is equal to the Effective Yield of such Incremental
Term Loans minus 50 basis points (this proviso, the “MFN Protection”); provided, further, that
the MFN Protection shall not be applicable to any Incremental Term Loans that are incurred more than twelve (12) months after the
Closing Date;

 

(iv)            
the Weighted Average Life to Maturity of any such Other Incremental Term Loans shall be no shorter than the remaining
Weighted Average Life to Maturity of the Term Loans with the longest remaining Weighted Average Life to Maturity;

 

(v)             
[reserved];

 

(vi)            
such Other Incremental Term Loans may participate on a pro rata basis or a less than pro rata basis
(but not a greater than pro rata basis) than the Initial Term Loans in any mandatory prepayment hereunder;

 

(vii)           
there shall be no borrower (other than the Borrower) or guarantor (other than the Loan Parties) in respect of any
Incremental Term Loan Commitments; and

 

(viii)          
Incremental Term Loans shall not be secured by any asset of Parent or its Subsidiaries other than the Collateral
(other than Liens on proceeds of the Incremental Term Loans).

 

Each party hereto hereby agrees that,
upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be amended to the extent (but only to
the extent) necessary to reflect the existence and terms of the Incremental Term Loan Commitments evidenced thereby as
provided for in Section 9.08(e). Any amendment to this Agreement or any other Loan Document that is necessary to
effect the provisions of this Section 2.21 and any such collateral and other documentation shall be deemed
 “Loan Documents” hereunder and may be memorialized in writing by the Administrative Agent with the
Borrower’s consent (not to be unreasonably withheld) and furnished to the other parties hereto.

 

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(c)              
Notwithstanding the foregoing, no Incremental Term Loan Commitment shall become effective under this Section 2.21
unless (i) no Default or Event of Default shall exist; provided, that in the event that any tranche of Incremental Term
Loans is used to finance a Permitted Acquisition or investment, to the extent the Incremental Term Lenders participating in such
tranche of Incremental Term Loans agree, the foregoing clause (i) shall be tested at the time of the execution of the acquisition
or investment agreement related to such Permitted Acquisition (provided, that such Incremental Term Lenders (in their capacities
as such) shall not be permitted to waive any Default or Event of Default then existing or existing as a result of the incurrence
of such tranche of Incremental Term Loans); (ii) the representations and warranties of the Borrower set forth in this Agreement
shall be true and correct in all material respects (other than to the extent qualified by materiality or “Material Adverse
Effect,” in which case, such representations and warranties shall be true and correct); provided, that in the event
that the tranche of Incremental Term Loans is used to finance a Permitted Acquisition or investment and to the extent the Incremental
Term Lenders participating in such tranche of Incremental Term Loans agree, the foregoing clause (ii) shall be limited such that
the availability of such Incremental Term Loans shall only be subject to the accuracy of customary “specified representations”
and those representations of the seller or the target company (as applicable) included in the acquisition or investment agreement
related to such Permitted Acquisition or investment that are material to the interests of the Lenders and only to the extent that
Parent or its applicable Subsidiary has the right to terminate its obligations under such acquisition or investment agreement as
a result of a failure of such representations to be accurate; and (iii) the Administrative Agent shall have received documents
and legal opinions as to such matters as are reasonably requested by the Administrative Agent. The Administrative Agent shall promptly
notify each Lender as to the effectiveness of each Incremental Assumption Agreement.

 

(d)              
Each of the parties hereto hereby agrees that the Administrative Agent may take any and all action as may be reasonably
necessary to ensure that all Incremental Term Loans (other than Other Incremental Term Loans), when originally made, are included
in each Borrowing of the outstanding applicable Class of Term Loans on a pro rata basis. The Borrower agrees that Section 2.16
shall apply to any conversion of Eurodollar Rate Loans to Base Rate Loans reasonably required by the Administrative Agent to effect
the foregoing.

 

Section 2.22       
Extensions of Term Loans and Commitments.

 

(a)               Notwithstanding
anything to the contrary in this Agreement, including Section 2.18(c) (which provisions shall not be applicable
to this Section 2.22), pursuant to one or more offers made from time to time by the Borrower to all Lenders of
any Class of Term Loans on a pro rata basis (based, in the case of an offer to the Lenders under any Class of Term
Loans, on the aggregate outstanding Term Loans of such Class), and on the same terms to each such Lender (“Pro Rata
Extension Offers”), the Borrower is hereby permitted to consummate transactions with individual Lenders that agree
to such transactions from time to time to extend the maturity date of such Lender’s Term Loans of such Class and to
otherwise modify the terms of such Lender’s Term Loans of such Class pursuant to the terms of the relevant Pro Rata
Extension Offer (including, without limitation, increasing the interest rate or fees payable in respect of such
Lender’s Term Loans and/or modifying the amortization schedule in respect of such Lender’s Term Loans). For the
avoidance of doubt, the reference to “on the same terms” in the preceding sentence shall mean, in the case of an
offer to the Lenders under any Class of Term Loans, that all of the Term Loans of such Class are offered to be extended for
the same amount of time and that the interest rate changes and fees payable with respect to such extension are the same. Any
such extension (an “Extension”) agreed to between the Borrower and any such Lender (an “Extending
Lender”) will be established under this Agreement by implementing an Other Term Loan for such Lender if such Lender
is extending an existing Term Loan (such extended Term Loan, an “Extended Term Loan”). Each Pro Rata
Extension Offer shall specify the date on which the Borrower proposes that the Extended Term Loan shall be made, which shall
be a date not earlier than five (5) Business Days after the date on which notice is delivered to the Administrative Agent (or
such shorter period agreed to by the Administrative Agent in its reasonable discretion).

 

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(b)              
The Borrower and each Extending Lender shall execute and deliver to the Administrative Agent an amendment to this
Agreement (an “Extension Amendment”) and such other documentation as the Administrative Agent shall reasonably
specify to evidence the Extended Term Loans of such Extending Lender. Each Extension Amendment shall specify the terms of the applicable
Extended Term Loans; provided, that (i) except as to interest rates, fees and any other pricing terms, and amortization,
final maturity date and participation in prepayments and commitment reductions (which shall, subject to clauses (ii) and (iii)
of this proviso, be determined by the Borrower and set forth in the Pro Rata Extension Offer), the Extended Term Loans shall have
(x) the same terms as the existing Class of Term Loans from which they are extended or (y) such other terms as shall be reasonably
satisfactory to the Administrative Agent, (ii) the final maturity date of any Extended Term Loans shall be no earlier than the
latest Term Facility Maturity Date in effect on the date of incurrence, (iii) the Weighted Average Life to Maturity of any Extended
Term Loans shall be no shorter than the remaining Weighted Average Life to Maturity of the Class of Term Loans to which such offer
relates, (iv) [reserved], and (v) any Extended Term Loans may participate on a pro rata basis or a less than pro rata
basis (but not a greater than pro rata basis) than the Initial Term Loans in any mandatory prepayment hereunder. Upon the
effectiveness of any Extension Amendment, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect
the existence and terms of the Extended Term Loans evidenced thereby as provided for in Section 9.08(e). Any such deemed
amendment may be memorialized in writing by the Administrative Agent with the Borrower’s consent (not to be unreasonably
withheld) and furnished to the other parties hereto.

 

(c)              
Upon the effectiveness of any such Extension, the applicable Extending Lender’s Term Loan will be automatically
designated an Extended Term Loan. For purposes of this Agreement and the other Loan Documents, if such Extending Lender is extending
a Term Loan, such Extending Lender will be deemed to have an Other Term Loan having the terms of such Extended Term Loan.

 

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(d)              
 Notwithstanding anything to the contrary set forth in this Agreement or any other Loan Document (including without
limitation this Section 2.22), (i) the aggregate amount of Extended Term Loans will not be included in the calculation
of clause (I)(a) or (II)(a) of the definition of “Incremental Amount”, (ii) no Extended Term Loan is required to be
in any minimum amount or any minimum increment, (iii) any Extending Lender may extend all or any portion of its Term Loans pursuant
to one or more Pro Rata Extension Offers (subject to applicable proration in the case of over participation) (including the extension
of any Extended Term Loan), (iv) there shall be no condition to any Extension of any Term Loan at any time or from time to time
other than notice to the Administrative Agent of such Extension and the terms of the Extended Term Loan implemented thereby, (v)
all Extended Term Loans and all obligations in respect thereof shall be Loan Obligations of the relevant Loan Parties under this
Agreement and the other Loan Documents that rank equally and ratably in right of security with all other Obligations of the Class
being extended (and all other Obligations secured by Other First Liens), (vi) [reserved] and (vii) there shall be no borrower (other
than the Borrower) and no guarantors (other than the Guarantors) in respect of any such Extended Term Loans.

 

(e)              
Each Extension shall be consummated pursuant to procedures set forth in the associated Pro Rata Extension Offer;
provided, that the Borrower shall cooperate with the Administrative Agent prior to making any Pro Rata Extension Offer to
establish reasonable procedures with respect to mechanical provisions relating to such Extension, including, without limitation,
timing, rounding and other adjustments.

 

Section 2.23       
Refinancing Amendments.

 

(a)              
Notwithstanding anything to the contrary in this Agreement, including Section 2.18(c) (which provisions
shall not be applicable to this Section 2.23), the Borrower may by written notice to the Administrative Agent establish
one or more additional tranches of term loans under this Agreement (such loans, “Refinancing Term Loans”), all
Net Proceeds of which are used to Refinance in whole or in part any Class of Term Loans pursuant to Section 2.11(b)(i)(2).
Each such notice shall specify the date (each, a “Refinancing Effective Date”) on which the Borrower proposes
that the Refinancing Term Loans shall be made, which shall be a date not earlier than five (5) Business Days after the date on
which such notice is delivered to the Administrative Agent (or such shorter period agreed to by the Administrative Agent); provided,
that:

 

(i)              
before and after giving effect to the borrowing of such Refinancing Term Loans on the Refinancing Effective Date
each of the conditions set forth in Section 4.02 shall be satisfied;

 

(ii)             
the final maturity date of the Refinancing Term Loans shall be no earlier than the Term Facility Maturity Date of
the refinanced Term Loans;

 

(iii)            
the Weighted Average Life to Maturity of such Refinancing Term Loans shall be no shorter than the then-remaining
Weighted Average Life to Maturity of the refinanced Term Loans;

 

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(iv)           
 the aggregate principal amount of the Refinancing Term Loans incurred pursuant to this Section 2.23 shall not
exceed the outstanding principal amount of the refinanced Term Loans plus amounts used to pay fees, premiums, costs and expenses
(including original issue discount) and accrued interest associated therewith;

 

(v)             
the covenants and events of default applicable to such Refinancing Term Loans taken as a whole shall (as determined
by Parent in good faith) be not materially more restrictive to Parent and its Subsidiaries than, the terms, taken as a whole, applicable
to the Term Loans being refinanced (except to the extent such covenants and other terms apply solely to any period after the Latest
Maturity Date or are applied for the benefit of the Term Loans then outstanding);

 

(vi)            
[reserved];

 

(vii)           
there shall be no borrower (other than the Borrower) and no guarantors (other than the Loan Parties or entities that
become Loan Parties) in respect of such Refinancing Term Loans;

 

(viii)          
Refinancing Term Loans shall not be secured by any asset of Parent or any of its subsidiaries other than the Collateral;
and

 

(ix)             
Refinancing Term Loans may participate on a pro rata basis or on a less than pro rata basis (but not
on a greater than pro rata basis) in any mandatory prepayments (other than as provided otherwise in the case of such prepayments
pursuant to Section 2.11(b)(i)(2)) hereunder, as specified in the applicable Refinancing Amendment.

 

(b)              
The Borrower may approach any Lender or any other person that would be a permitted Assignee pursuant to Section 9.04
to provide all or a portion of the Refinancing Term Loans; provided, that any Lender offered or approached to provide all
or a portion of the Refinancing Term Loans may elect or decline, in its sole discretion, to provide a Refinancing Term Loan. Any
Refinancing Term Loans made on any Refinancing Effective Date shall be designated an additional Class of Term Loans for all purposes
of this Agreement; provided, further, that any Refinancing Term Loans may, to the extent provided in the applicable
Refinancing Amendment governing such Refinancing Term Loans, be designated as an increase in any previously established Class of
Term Loans made to the Borrower.

 

(c)               The
Borrower and each Lender providing the applicable Refinancing Term Loans shall execute and deliver to the Administrative
Agent an amendment to this Agreement (a “Refinancing Amendment”) and such other documentation as the
Administrative Agent shall reasonably specify to evidence such Refinancing Term Loans. For purposes of this Agreement and the
other Loan Documents, if a Lender is providing a Refinancing Term Loan, such Lender will be deemed to have an Other Term Loan
having the terms of such Refinancing Term Loan. Notwithstanding anything to the contrary set forth in this Agreement or any
other Loan Document (including without limitation this Section 2.23), (i) the aggregate amount of Refinancing
Term Loans will not be included in the calculation of clause (I)(a) or (II)(a) of the definition of “Incremental
Amount”, (ii) no Refinancing Term Loan is required to be in any minimum amount or any minimum increment, (iii) there
shall be no condition to any incurrence of any Refinancing Term Loan at any time or from time to time other than those set
forth in clause (a) above and (iv) all Refinancing Term Loans and all obligations in respect thereof shall be Loan
Obligations under this Agreement and the other Loan Documents that rank equally and ratably in right of security with the
Initial Term Loans and other Loan Obligations.

 

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Article
III

 

Representations and Warranties

 

On the Closing Date and the date of each
Credit Event thereafter, as provided in Section 4.02, the Borrower represents and warrants to the Lenders that:

 

Section 3.01       
Organization; Powers. Parent and each of the Subsidiaries which is a Loan Party or a Material Subsidiary (a)
is a limited liability company, corporation or other entity duly organized/incorporated, validly existing and in good standing
under the laws of the jurisdiction of its organization/incorporation (to the extent that each such concept exists in such jurisdiction),
(b) has all requisite power and authority to own its property and assets and to carry on its business as now conducted, (c) is
qualified to do business in each jurisdiction where such qualification is required, except in the case of clause (a) (other than
with respect to Parent and the Borrower), clause (b) (other than with respect to Parent and the Borrower), and clause (c), where
the failure so to be or have, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect,
and (d) has the power and authority to execute, deliver and perform its obligations under each of the Loan Documents and each other
agreement or instrument contemplated thereby to which it is or will be a party and, in the case of the Borrower, to borrow and
otherwise obtain credit hereunder.

 

Section 3.02        Authorization.
The execution, delivery and performance by the Borrower and each of the Guarantors of each of the Loan Documents to which it
is a party and the borrowings and other extensions of credit hereunder (a) have been duly authorized by all corporate,
limited liability company or other organizational action required to be obtained by the Borrower and such Guarantors and (b)
will not (i) violate (A) any provision of law, statute, rule or regulation applicable to the Borrower or any such Guarantor,
(B) the certificate or articles of incorporation or other constitutional documents (including any limited liability company
or operating agreements) or by-laws or articles of association of the Borrower, or any such Guarantor, (C) any applicable
order of any court or any law, rule, regulation or order of any Governmental Authority applicable to the Borrower or any such
Guarantor or (D) any provision of any indenture, certificate of designation for preferred stock, agreement or other
instrument to which the Borrower or any such Guarantor is a party or by which any of them or any of their property is or may
be bound, (ii) result in a breach of or constitute (alone or with due notice or lapse of time or both) a default under, give
rise to a right of or result in any cancellation or acceleration of any right or obligation (including any payment) under any
such indenture, certificate of designation for preferred stock, agreement or other instrument, where any such conflict,
violation, breach or default referred to in clause (i) or (ii) of this Section 3.02(b), would reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect, or (iii) result in the creation or imposition
of any Lien upon or with respect to any property or assets now owned or hereafter acquired by the Borrower or any such
Guarantor, other than the Liens created by the Loan Documents and Permitted Liens.

 

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Section 3.03       
Enforceability. This Agreement has been duly executed and delivered by the Borrower and constitutes, and each
other Loan Document when executed and delivered by the Borrower and each Guarantor that is party thereto will constitute, a legal,
valid and binding obligation of such Loan Party enforceable against the Borrower and each such Guarantor in accordance with its
terms, subject to (a) the effects of bankruptcy, insolvency, moratorium, reorganization, administration, fraudulent conveyance
or other similar laws affecting creditors’ rights generally, (b) general principles of equity (regardless of whether such
enforceability is considered in a proceeding in equity or at law), (c) implied covenants of good faith and fair dealing, and (d)
the need for filings and registrations necessary to perfect the Liens on the Collateral granted by the Loan Parties in favor of
the Collateral Agent.

 

Section 3.04       
Governmental Approvals. No action, consent or approval of, registration or filing with or any other action
by any Governmental Authority is or will be required for the execution, delivery or performance of each Loan Document to which
the Borrower or any Guarantor is a party, except for (a) the filing of Uniform Commercial Code financing statements, (b) filings
with the United States Patent and Trademark Office and the United States Copyright Office, (c) such as have been made or obtained
and are in full force and effect, (d) such actions, consents and approvals the failure of which to be obtained or made would not
reasonably be expected to have a Material Adverse Effect and (e) filings or other actions listed on Schedule 3.04,
recordation of the Mortgages and any other filings or registrations required to perfect Liens created by the Security Documents.

 

Section 3.05       
Financial Statements. Parent has heretofore furnished to the Lenders or filed with or furnished to the SEC
(a) the audited consolidated balance sheets as of December 31, 2019 and the related statements of income, stockholders’ or
shareholders’ equity, and cash flow for Parent and its consolidated subsidiaries for the fiscal years ended on December 31,
2019 and (b) the unaudited consolidated balance sheet as of July 2, 2020 and related statements of income, stockholders’
or shareholders’ equity and cash flow for Parent and its consolidated subsidiaries for the fiscal quarter ended on July 2,
2020, in each case, including the notes thereto (collectively, the “Historical Financial Statements”). The Historical
Financial Statements present fairly in all material respects the consolidated financial position of Parent and its consolidated
subsidiaries as of the dates and for the periods referred to therein and the results of operations and cash flows for the periods
then ended, and, except as set forth on Schedule 3.05, were prepared in accordance with GAAP applied on a consistent
basis throughout the periods covered thereby, except, in the case of interim period financial statements, for the absence of notes
and for normal year-end adjustments and except as otherwise noted therein.

 

Section 3.06        No
Material Adverse Effect. Except as disclosed in filings with the SEC, since December 31, 2019, there has been no event or
circumstance that, individually or in the aggregate with other events or circumstances, has had or would reasonably be
expected to have a Material Adverse Effect; provided, that, (i) no events or circumstances relating to the
Boeing 737 MAX Program shall be deemed to constitute a Material Adverse Effect for purposes of this Section 3.06,
and (ii) the impacts of the COVID-19 pandemic on the business, operations and/or financial condition of Parent and/or its
Subsidiaries that have been disclosed in writing to the Administrative Agent and the Lenders prior to the Closing Date will
be disregarded (including through documents filed with or furnished to the SEC).

 

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Section 3.07       
Title to Properties; Possession Under Leases; Flood Documentation.

 

(a)              
Each of Parent and the Subsidiaries has valid title in fee simple or equivalent to, or valid leasehold interests
in, or easements or other limited property interests in, or otherwise has the right to use, all its real property and has valid
title to its personal property and assets, in each case, subject to Permitted Liens and except for defects in title that do not
materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for
their intended purposes and except where the failures to have such title or interest would not reasonably be expected to have,
individually or in the aggregate, a Material Adverse Effect. All such properties and assets are free and clear of Liens, other
than Permitted Liens or Liens arising by operation of law, subject to the provisions of the immediately preceding sentence.

 

(b)              
As to all improved Material Real Property which is subject to a Mortgage, (i) the Collateral Agent has received the
Flood Documentation with respect to such Material Real Property on or prior to the granting of such Mortgage thereon, (ii) all
flood hazard insurance policies required pursuant to Section 5.02(b) with respect to any such Material Real Property
have been obtained and remain in full force and effect to the extent required by such Section, and (iii) except to the extent that
the Borrower has previously given written notice thereof to the Collateral Agent, there has been, to the Borrower’s knowledge,
no redesignation of any Material Real Property subject to a Mortgage into Special Flood Hazard Area.

 

(c)              
Schedule 1.01(B) hereto sets forth a complete list of Material Real Properties (other than any Material Real Property
that constitutes Excluded Property) as of the Closing Date.

 

Section 3.08       
Subsidiaries.

 

(a)              
Schedule 3.08(a) sets forth as of the Closing Date the name and jurisdiction of incorporation, formation
or organization of each subsidiary of Parent and, as to each such subsidiary, the percentage of each class of Equity Interests
owned by Parent or by any such subsidiary.

 

(b)              
As of the Closing Date, after giving effect to the Transactions, there are no outstanding subscriptions, options,
warrants, calls, rights or other agreements or commitments (other than stock options granted to employees or directors (or entities
controlled by directors) and shares held by directors (or entities controlled by directors)) relating to any Equity Interests of
Parent or any of the Subsidiaries, except as set forth on Schedule 3.08(b).

 

Section 3.09       
Litigation; Compliance with Law.

 

(a)               There
are no actions, suits, proceedings or investigations at law or in equity or by or on behalf of any Governmental Authority or
in arbitration now pending, or, to the knowledge of Parent or the Borrower, threatened in writing against Parent, the
Borrower or any of the Subsidiaries or any business, property or rights of any such person (i) that involve any Loan Document
or (ii) that would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect except for any
action, suit or proceeding at law or in equity or by or on behalf of any Governmental Authority or in arbitration which has
been disclosed on Form 10-K or Form 10-Q.

 

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(b)              
None of Parent, the Borrower, the Subsidiaries and their respective properties or assets is in violation of (nor
will the continued operation of their material properties and assets as currently conducted violate) any law, rule or regulation
(including any zoning, building, ordinance, code or approval or any building permit, but excluding any Environmental Laws, which
are the subject of Section 3.16) or any restriction of record or indenture, agreement or instrument affecting any Real
Property, or is in default with respect to any judgment, writ, injunction or decree of any Governmental Authority, where such violation
or default would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

 

Section 3.10       
Federal Reserve Regulations. No part of the proceeds of any Term Loans will be used by Parent, the Borrower
and their Subsidiaries in any manner that would result in a violation of Regulation T, Regulation U or Regulation X.

 

Section 3.11       
Investment Company Act. None of the Borrower and the other Loan Parties is required to be registered as an
 “investment company” within the meaning of the Investment Company Act of 1940, as amended.

 

Section 3.12       
Use of Proceeds. The Borrower will use the proceeds of the Initial Term Loans to finance, in part, the Closing
Date Refinancing, to pay Transaction Expenses, and for general corporate purposes.

 

Section 3.13       
Tax. Except as would not, individually or in the aggregate, reasonably be expected to result in a Material
Adverse Effect,

 

(a)              
Parent and each of the Subsidiaries has filed or caused to be filed all U.S. federal, state, local and non-U.S. Tax
returns required to have been filed by it (including in its capacity as withholding agent) and each such Tax return is true and
correct;

 

(b)              
Parent and each of the Subsidiaries has timely paid or caused to be timely paid all Taxes shown to be due and payable
by it on the returns referred to in clause (a) and all other Taxes or assessments (or made adequate provision (in accordance with
GAAP) for the payment of all Taxes due), except Taxes or assessments for which Parent or any of the Subsidiaries (as the case may
be) has set aside on its books adequate reserves in accordance with GAAP and the amount thereof is being contested in good faith
by appropriate proceedings; and

 

(c)              
as of the Closing Date, with respect to Parent and each of the Subsidiaries, there are no claims being asserted in
writing with respect to any Taxes.

 

Section 3.14       
No Material Misstatements.

 

(a)               All
written information (other than the Projections, forward looking information and information of a general economic or
industry specific nature) (the “Information”) concerning Parent, the Borrower, the Subsidiaries, the
Transactions and any other transactions contemplated hereby prepared by or on behalf of the foregoing or their
representatives and made available to any Lenders or the Administrative Agent in connection with the Transactions or the
other transactions contemplated hereby, when taken as a whole, was true and correct in all material respects, as of the date
such Information was furnished to the Lenders (and as of the Closing Date, with respect to Information provided prior
thereto) and did not, taken as a whole, contain any untrue statement of a material fact as of any such date or omit to state
a material fact necessary in order to make the statements contained therein, taken as a whole, not materially misleading in
light of the circumstances under which such statements were made (giving effect to all supplements and updates provided
thereto).

 

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(b)              
The Projections and other forward looking information prepared by or on behalf of Parent, the Borrower or any of
their representatives and that have been made available to any Lenders or the Administrative Agent in connection with the Transactions
or the other transactions contemplated hereby have been prepared in good faith based upon assumptions believed by Parent and the
Borrower to be reasonable as of the date thereof (it being understood that such Projections and other forward looking information
are as to future events and are not to be viewed as facts, such Projections and other forward looking information are subject to
significant uncertainties and contingencies and that actual results during the period or periods covered by any such Projections
or other forward looking information may differ significantly from the projected results, and that no assurance can be given that
the projected results will be realized) and as of the date such Projections and information were furnished to the Lenders.

 

Section 3.15       
Employee Benefit Plans. Except as would not reasonably be expected, individually or in the aggregate, to have
a Material Adverse Effect: (a) no Reportable Event has occurred during the past five years as to which Parent, any of its Subsidiaries
or any ERISA Affiliate was required to file a report with the PBGC; (b) no ERISA Event has occurred or is reasonably expected to
occur; and (c) none of Parent, the Borrower, the Subsidiaries or any of their ERISA Affiliates has received any written notification
that any Multiemployer Plan is in reorganization or has been terminated within the meaning of Title IV of ERISA.

 

Section 3.16        Environmental
Matters. Except as to matters that would not reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect: (a) no written notice, request for information, order, complaint or penalty has been received by Parent or
any of its Subsidiaries, and there are no judicial, administrative or other actions, suits or proceedings pending or, to
Parent or the Borrower’s knowledge, threatened which allege a violation of or liability under any Environmental Laws,
in each case relating to Parent or any of its Subsidiaries, (b) each of Parent and its Subsidiaries has all environmental
permits, licenses, concessions, authorizations and other approvals necessary for its operations to comply with all
Environmental Laws (“Environmental Permits”) and is, and in the prior eighteen (18) month period, has
been, in compliance with the terms of such Environmental Permits and with all other Environmental Laws, (c) except as set
forth on Schedule 3.16, no Hazardous Material is located at, on or under any property currently or, to Parent or
the Borrower’s knowledge, formerly owned, operated or leased by Parent or any of its Subsidiaries that would reasonably
be expected to give rise to any cost, liability or obligation of Parent or any of its Subsidiaries under any Environmental
Laws or Environmental Permits, and no Hazardous Material has been generated, used, treated, stored, handled, disposed of or
controlled, transported or released at any location in a manner that would reasonably be expected to give rise to any cost,
liability or obligation of Parent or any of its Subsidiaries under any Environmental Laws or Environmental Permits, (d) there
are no agreements in which Parent or any of its Subsidiaries has expressly assumed or undertaken responsibility for any known
or reasonably likely liability or obligation of any other person arising under or relating to Environmental Laws, and (e)
there has been no written environmental assessment or audit conducted (other than customary assessments not revealing
anything that would reasonably be expected to result in a Material Adverse Effect), by or on behalf of Parent or any of the
Subsidiaries of any property currently or, to Parent or the Borrower’s knowledge, formerly owned, operated or leased by
Parent or any of the Subsidiaries that has not been made available to the Administrative Agent prior to the Closing Date.

 

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Section 3.17       
Security Documents.

 

(a)              
Each Security Document is effective to create in favor of the Collateral Agent (for the benefit of the Secured Parties)
a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof. As of the Closing Date,
in the case of the Pledged Equity described in the Collateral Agreement, when certificates representing such Pledged Equity and
required to be delivered under the Collateral Agreement are delivered to the Collateral Agent, and in the case of the other Collateral
described in the Collateral Agreement (other than the Intellectual Property), when financing statements are filed in the proper
filing offices, the Collateral Agent (for the benefit of the Secured Parties) shall have a fully perfected Lien (subject to all
Permitted Liens) on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and, subject
to Section 9-315 of the New York Uniform Commercial Code, the proceeds thereof, as security for the Obligations to the
extent perfection can be obtained by filing Uniform Commercial Code financing statements or possession.

 

(b)              
When the Collateral Agreement or an ancillary document thereunder is properly filed and recorded in the United States
Patent and Trademark Office and the United States Copyright Office, and, with respect to Collateral in which a security interest
cannot be perfected by such filings, upon the proper filing of the financing statements referred to in clause (a) above, the Collateral
Agent (for the benefit of the Secured Parties) shall have a fully perfected Lien on, and security interest in, all right, title
and interest of the Loan Parties thereunder in the material United States Intellectual Property included in the Collateral listed
in such ancillary document (it being understood that subsequent recordings in the United States Patent and Trademark Office and
the United States Copyright Office may be necessary to perfect a Lien on material registered trademarks and patents, trademark
and patent applications and registered copyrights acquired by the Loan Parties after the Closing Date).

 

(c)               The
Mortgages, if any, on the Closing Date Mortgaged Properties, and the Mortgages executed and delivered after the Closing Date
pursuant to Section 5.10, shall be effective to create in favor of the Collateral Agent (for the benefit of the
Secured Parties) or, if so contemplated by the respective Mortgage, the Collateral Agent and the other Secured Parties,
legal, valid and enforceable Liens on all of the Loan Parties’ rights, titles and interests in and to the Mortgaged
Property thereunder and the proceeds thereof, and when such Mortgages are validly filed, registered or recorded in the proper
real estate filing, registration or recording offices and any other required registrations have been validly completed by or
on behalf of the Collateral Agent, and all relevant mortgage Taxes and recording and registration charges are duly paid, the
Collateral Agent (for the benefit of the Secured Parties) shall have valid Liens with record or registered notice to third
parties on, and security interests in, all rights, titles and interests of the Loan Parties in such Mortgaged Property and,
to the extent applicable, subject to Section 9-315 of the Uniform Commercial Code, the proceeds thereof.

 

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(d)              
Notwithstanding anything herein (including this Section 3.17) or in any other Loan Document to the contrary,
no Borrower or any other Loan Party makes any representation or warranty as to the effects of perfection or non-perfection, the
priority or the enforceability of any pledge of or security interest in any Equity Interests of any Foreign Subsidiary, or as to
the rights and remedies of the Agents or any Lender with respect thereto, under foreign law.

 

Section 3.18       
Solvency. Immediately after giving effect to the Transactions on the Closing Date and the making of each Term
Loan on the Closing Date and the application of the proceeds of such Term Loans, (i) the fair value of the assets of Parent and
its Subsidiaries on a consolidated basis, exceeds, on a consolidated basis, their debts and liabilities, subordinated, contingent
or otherwise; (ii) the present fair saleable value of the property of Parent and its Subsidiaries, on a consolidated basis, is
greater than the amount that will be required to pay the probable liability, on a consolidated basis, of their debts and other
liabilities, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (iii) Parent
and its Subsidiaries, on a consolidated basis, are able to pay their debts and liabilities, subordinated, contingent or otherwise,
as such debts and liabilities become absolute and matured; and (iv) Parent and its Subsidiaries, on a consolidated basis, are not
engaged in, and are not about to engage in, business for which they have unreasonably small capital. For purposes of the foregoing,
the amount of any contingent liability at any time shall be computed as the amount that would reasonably be expected to become
an actual and matured liability.

 

Section 3.19       
Labor Matters. Except as, individually or in the aggregate, would not reasonably be expected to have a Material
Adverse Effect: (a) there are no strikes or other labor disputes pending or, to the knowledge of Parent and its Subsidiaries, threatened
against Parent or any of the Subsidiaries; (b) the hours worked and payments made to employees of Parent and the Subsidiaries have
not been in violation of the Fair Labor Standards Act or any other applicable law dealing with such matters; and (c) all payments
due from Parent or any of the Subsidiaries or for which any claim may be made against Parent or any of the Subsidiaries, on account
of wages and employee health and welfare insurance and other benefits have been paid or accrued as a liability on the books of
Parent or such Subsidiary to the extent required by GAAP. Except as, individually or in the aggregate, would not reasonably be
expected to have a Material Adverse Effect, the consummation of the Transactions will not give rise to a right of termination or
right of renegotiation on the part of any union under any material collective bargaining agreement to which Parent or any of the
Subsidiaries (or any predecessor) is a party or by which Parent or any of the Subsidiaries (or any predecessor) is bound.

 

Section 3.20       
Insurance. Schedule 3.20 sets forth a true, complete and correct description, in all material
respects, of all material insurance (excluding any title insurance) maintained by or on behalf of Parent or the Subsidiaries as
of the Closing Date. As of such date, such insurance is in full force and effect.

 

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Section 3.21       
Intellectual Property; Licenses, Etc.

 

Except as would not reasonably be expected
to have a Material Adverse Effect or as set forth in Schedule 3.21 (as may be updated pursuant to Section 9.08(b) of this Agreement),
(a) Parent and each of its Subsidiaries owns, or possesses the right to use, all Intellectual Property that is used or held for
use or is otherwise reasonably necessary in the operation of their respective businesses (provided that this representation and
warranty shall not be construed as a representation and warranty that the operation of Parent’s, and each of its Subsidiaries’,
businesses do not infringe, misappropriate or violate the Intellectual Property of any person, the sole representation and warranty
in respect of which is set out in the following clause (b)), (b) to the knowledge of the Borrower the operation of Parent’s,
and each of its Subsidiaries’, businesses is not interfering with, infringing upon, misappropriating or otherwise violating
Intellectual Property of any other person, and (c) (i) no claim or litigation regarding any of the Intellectual Property owned
by Parent and its Subsidiaries is pending or, to the knowledge of the Borrower, threatened and (ii) to the knowledge of the Borrower,
no claim or litigation regarding any other Intellectual Property described in the foregoing clauses (a) and (b) is pending or threatened.

 

Section 3.22       
USA PATRIOT Act. Except as would not reasonably be expected to have a Material Adverse Effect, Parent and
each of its Subsidiaries is in compliance with the USA PATRIOT Act.

 

Section 3.23       
Anti-Corruption Laws and Sanctions. Parent has implemented and maintains in effect policies and procedures
designed to ensure compliance by Parent, its Subsidiaries and their respective directors, officers and employees with Anti-Corruption
Laws and applicable Sanctions. Neither Parent nor any Subsidiary of Parent or, to the knowledge of Parent, any director, officer,
agent, employee or affiliate of Parent or any of its Subsidiaries that, in each such case, is acting or benefitting in any capacity
in connection with the Term Loans, (i) is currently the subject of any Sanctions or (ii) is operating, organized/incorporated or
residing in any Designated Jurisdiction. Neither Parent nor any Subsidiary of Parent will, directly or, to its knowledge, indirectly,
use or lend, contribute, provide or otherwise make available the proceeds of any extension of credit made pursuant to the terms
of this Agreement to any Subsidiary, 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, (b) to fund any activity or business in, of or with, any Designated Jurisdiction or to fund any activity or business of or
with any person operating, organized/incorporated or residing, to the knowledge of Parent, in any Designated Jurisdiction or who,
to the knowledge of Parent, is 50% or more owned by one or more persons who are, listed in any Sanctions-related list of designated
persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State,
the United Nations Security Council, the European Union or Her Majesty’s Treasury, or (c) in a manner that will result in
any violation by Parent or any Subsidiary of Parent or such Subsidiary of Sanctions.

 

Section 3.24       
EEA Financial Institutions. No Loan Party is an EEA Financial Institution.

 

Section 3.25       
Beneficial Ownership Certificate. As of the Closing Date, the information included in the Beneficial Ownership
Certification, if applicable, is true and correct in all respects.

 

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Article
IV

 

Conditions of Lending

 

Section 4.01       
Closing Date. The obligations of each Lender with an Initial Term Loan Commitment to make Initial Term Loans
to the Borrower are subject to the satisfaction (or waiver in accordance with Section 9.08) of the following conditions:

 

(a)              
The Administrative Agent shall have received a Borrowing Request as required by Section 2.03;

 

(b)              
The Administrative Agent shall have received the Equal Priority Intercreditor Agreement, duly executed by the First
Lien Notes Agent and the Administrative Agent and acknowledged by the Loan Parties;

 

(c)              
The Administrative Agent shall have received a Note duly executed by a Responsible Officer of the Borrower in favor
of each Lender requesting a Note, to the extent requested at least three (3) Business Days prior to the Closing Date;

 

(d)              
The representations and warranties set forth in (i) Article III of this Agreement or (ii) any other Loan Document
in effect on the Closing Date shall be true and correct in all material respects on and as of the Closing Date (after giving effect
to the Transactions); provided, that to the extent such representations and warranties specifically relate to an earlier
date, they shall be true and correct in all material respects as of such earlier date; provided, further, that any
representation and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar
language shall be true and correct (after giving effect to any qualification therein) in all respects on such respective dates;

 

(e)              
No Default or Event of Default shall have occurred or be continuing, or would result from the consummation of the
Transactions, on the Closing Date;

 

(f)               
The Administrative Agent shall have received a certificate (or certificates) of the Secretary or Assistant Secretary
or similar officer of each Loan Party dated the Closing Date and certifying, to the extent applicable:

 

(i)              
that attached thereto is a true and complete copy of the certificate or articles of incorporation, certificate of
formation or other equivalent constituent or constitutional and governing documents, including all amendments thereto, of such
Loan Party certified as of a recent date by the applicable Secretary of State (or other similar official or Governmental Authority)
of the jurisdiction of its organization or incorporation or by the Secretary or Assistant Secretary or similar officer of such
Loan Party or other person duly authorized by the constituent or constitutional documents of such Loan Party;

 

(ii)             
that attached thereto is a true and complete copy of a certificate as to the good standing (or similar certification)
of the Borrower or such Guarantor, as applicable (to the extent that such concept exists in such jurisdiction), as of a recent
date from the applicable Secretary of State (or other similar official or Governmental Authority);

 

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(iii)           
 that attached thereto is a true and complete copy of the by-laws, limited liability company agreement or other equivalent
constituent or constitutional and governing documents, if any, of such Loan Party as in effect on the Closing Date and at all times
since a date prior to the date of the resolutions described in the following clause (iv);

 

(iv)            
that attached thereto is a true and complete copy of resolutions or meeting minutes (or certificates thereof) duly
adopted by the Board of Directors (or equivalent governing body) of such Loan Party (or its managing general partner or managing
member) authorizing the execution, delivery and performance of each of the Loan Documents to which such person is a party on the
Closing Date and that such resolutions or meeting minutes have not been modified, rescinded or amended and are in full force and
effect on the Closing Date; and

 

(v)              
as to the incumbency and specimen signature of each officer or authorized signatory executing this Agreement or any
other Loan Document delivered in connection herewith on the Closing Date on behalf of such Loan Party;

 

(g)              
The Administrative Agent shall have received, on behalf of itself and the Lenders, favorable written opinions of
(i) Sullivan & Cromwell LLP, as special New York counsel for Parent, the Borrower and the Guarantors and (ii) McGuireWoods
LLP, as special North Carolina counsel for Spirit AeroSystems North Carolina, Inc., in each case (A) dated the Closing Date, (B)
addressed to the Administrative Agent and the Lenders on the Closing Date and (C) in form and substance reasonably satisfactory
to the Administrative Agent covering customary matters relating to the Loan Documents executed as of the Closing Date;

 

(h)              
The Lenders shall have received a solvency certificate substantially in the form of Exhibit C and signed
by a Financial Officer, relating to Parent and its Subsidiaries on a consolidated basis after giving effect to the Transactions
on the Closing Date;

 

(i)                
To the extent required to be satisfied on the Closing Date, the Collateral and Guarantee Requirement shall be satisfied
(or waived in accordance with Section 9.08) on and as of the Closing Date;

 

(j)                
the Administrative Agent and the Lenders (as requested through the Administrative Agent) shall have received at least
three (3) Business Days prior to the Closing Date (i) all documentation and other information required with respect to the Borrower
by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including,
without limitation, the USA PATRIOT Act, and (ii) a Beneficial Ownership Certification in relation to any Loan Party that qualifies
as a “legal entity customer” under the Beneficial Ownership Regulation, in each case, to the extent requested in writing
at least ten (10) Business Days prior to the Closing Date;

 

(k)              
The Administrative Agent shall have received a certificate of a Responsible Officer of Parent certifying compliance
with the conditions in clauses (d) and (e) above;

 

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(l)               
 The Administrative Agent shall have received, for the account of the Lenders, an upfront fee (which may be reflected
as original issue discount) in the amount of 0.50% of the aggregate principal amount of the Initial Term Loans made on the Closing
Date;

 

(m)            
The Administrative Agent shall have received, as to each Loan Party, the results of customary lien searches including
a search of the Uniform Commercial Code and Tax and judgment searches;

 

(n)              
The documentation governing the First Lien Notes required to be executed on the Closing Date shall have been executed;

 

(o)              
The Administrative Agent shall be reasonably satisfied that prior to or substantially simultaneously with the Borrowing
of the Initial Term Loans on the Closing Date, the Closing Date Refinancing shall have been consummated; and

 

(p)              
The Agents shall have received all fees due and payable thereto or to any Lender on or prior to the Closing Date
and, to the extent invoiced at least three (3) Business Days prior to the Closing Date, reimbursement or payment of all reasonable
and documented out-of-pocket expenses (including reasonable fees, charges and disbursements of counsel to the Administrative Agent)
required to be reimbursed or paid by the Loan Parties hereunder under this Agreement on or prior to the Closing Date.

 

Section 4.02       
Subsequent Credit Events. Each Credit Event after the Closing Date and any credit extension pursuant to Sections 2.21,
2.22 or 2.23 is subject to the satisfaction (or waiver in accordance with Section 9.08) of the following
conditions on the date of each Borrowing:

 

(a)              
The Administrative Agent shall have received a Borrowing Request as required by Section 2.03.

 

(b)              
The applicable representations and warranties of each Loan Party which is a party to any Loan Document on the date
of such Credit Event which are contained in (i) Article III of this Agreement or (ii) any other Loan Document in effect
on the date of such Credit Event shall be true and correct in all material respects on and as of the date of such Credit Event;
provided, that, to the extent that such representations and warranties specifically refer to an earlier date, they
shall be true and correct in all material respects as of such earlier date; provided, further, that any representation
and warranty that is qualified as to “materiality,” “Material Adverse Effect” or similar language shall
be true and correct (after giving effect to any qualification therein) in all respects on such respective dates; provided,
further, that with respect to Incremental Term Loans used to finance Permitted Acquisitions or investments, the applicable
representations and warranties shall be made in accordance with the foregoing but only the accuracy of customary “specified
representations” shall be a condition to the availability of such Incremental Term Loans in accordance with Section 2.21(c).

 

(c)              
Except as set forth in Section 2.21(c) with respect to Incremental Term Loans used to finance a Permitted
Acquisition or investment, at the time of and immediately after such Credit Event no Event of Default or Default shall have occurred
and be continuing.

 

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Article
V

 

Affirmative Covenants

 

The Borrower covenants and agrees with each
Lender that from and after the Closing Date until the Termination Date, unless the Required Lenders shall otherwise consent in
writing, Parent and the Borrower will, and will cause each of the Subsidiaries to:

 

Section 5.01       
Existence; Business and Properties.

 

(a)              
Do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence,
except (i) in the case of a Subsidiary of Parent (other than the Borrower), where the failure to do so would not reasonably be
expected to have a Material Adverse Effect, (ii) as otherwise permitted under Section 6.05, and (iii) for the liquidation
or dissolution of Subsidiaries (other than the Borrower) if the assets of such Subsidiaries to the extent they exceed estimated
liabilities are acquired by Parent or a Wholly Owned Subsidiary of Parent in such liquidation or dissolution; provided,
that (x) Guarantors may not be liquidated into Subsidiaries that are not Loan Parties, and (y) U.S. Subsidiaries may not be liquidated
into Foreign Subsidiaries (except in each case as permitted under Section 6.05).

 

(b)              
Except where the failure to do so would not reasonably be expected to have a Material Adverse Effect, do or cause
to be done all things necessary to (i) except with respect to Intellectual Property, which is addressed in clause (c) below, lawfully
obtain, preserve, renew, extend and keep in full force and effect the permits, franchises, authorizations, licenses and rights
with respect thereto used in the conduct of its business, and (ii) at all times maintain, protect and preserve all property necessary
to the normal conduct of its business and keep such property in good repair, working order and condition (ordinary wear and tear
excepted), from time to time make, or cause to be made, all needful and proper repairs, renewals, additions, improvements and replacements
thereto necessary in order that the business carried on in connection therewith, if any, may be properly conducted at all times
(in each case except as permitted by this Agreement).

 

(c)              
Except where the failure to do so would not reasonably be expected to have a Material Adverse Effect, take all steps
necessary to preserve, prosecute, maintain, renew, extend, protect, enforce and keep in full force and effect the Intellectual
Property which is owned by Parent or its Subsidiaries, to the extent used or held for use in the conduct of its business.

 

Section 5.02       
Insurance.

 

(a)               Maintain,
with financially sound and reputable insurance companies, insurance (subject to customary deductibles and retentions) in such
amounts and against such risks as are customarily maintained by similarly situated companies engaged in the same or similar
businesses operating in the same or similar locations, and within ninety (90) days after the Closing Date (or such later date
as the Collateral Agent may agree in writing in its reasonable discretion), use commercially reasonable efforts to cause the
Collateral Agent to be listed as a co-insured or co-loss payee, on property and casualty policies with respect to material
tangible personal property and assets constituting Collateral and as an additional or co-insured on all material general
liability policies. Notwithstanding the foregoing, Parent and the Subsidiaries may (i) maintain all such insurance with
any combination of primary and excess insurance, (ii) maintain any or all such insurance pursuant to master or so-called
 “blanket policies” insuring any or all Collateral and/or other Real Property which does not constitute Collateral
(and in such event the co-payee endorsement shall be limited or otherwise modified accordingly), and/or
(iii) self-insure with respect to such risks with respect to which companies of established reputation engaged in the
same general line of business in the same general area usually self-insure.

 

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(b)              
Prior to the delivery of the applicable Mortgage, if any portion of any Mortgaged Property is at any time located
in an area identified by the Federal Emergency Management Agency (or any successor agency) as a special flood hazard area (each,
a “Special Flood Hazard Area”) with respect to which flood insurance has been made available under the Flood
Insurance Laws (as now or hereafter in effect or successor act thereto), (i) maintain, or cause to be maintained, with a financially
sound and reputable insurer, flood insurance in an amount and otherwise sufficient to comply with all applicable rules and regulations
promulgated pursuant to the Flood Insurance Laws and (ii) deliver to the Collateral Agent evidence of such compliance in form and
substance reasonably acceptable to the Collateral Agent.

 

(c)              
In connection with the covenants set forth in this Section 5.02, it is understood and agreed that:

 

(i)                
the Administrative Agent, the Collateral Agent, the Lenders and their respective agents or employees shall not be
liable for any loss or damage insured by the insurance policies required to be maintained under this Section 5.02,
it being understood that (A) the Loan Parties shall look solely to their insurance companies or any other parties other than the
aforesaid parties for the recovery of such loss or damage and (B) such insurance companies shall have no rights of subrogation
against the Administrative Agent, the Collateral Agent, the Lenders or their agents or employees. If, however, the insurance policies,
as a matter of the internal policy of such insurer, do not provide waiver of subrogation rights against such parties, as required
above, then the Borrower, on behalf of itself and each of Parent and the Subsidiaries, hereby agrees, to the extent permitted by
law, to waive, and further agrees to cause each of Parent and their Subsidiaries to waive, its right of recovery, if any, against
the Administrative Agent, the Collateral Agent, the Lenders and their agents and employees;

 

(ii)             
the designation of any form, type or amount of insurance coverage by the Collateral Agent (including acting in the
capacity as the Collateral Agent) under this Section 5.02 shall in no event be deemed a representation, warranty or
advice by the Collateral Agent or the Lenders that such insurance is adequate for the purposes of the business of Parent and the
Subsidiaries or the protection of their properties; and

 

(iii)            
the amount and type of insurance that Parent and its Subsidiaries have in effect as of the Closing Date and the certificates
and endorsements, if any, listing the Collateral Agent as a co-insured, co-loss payee or additional insured, as the case may be,
satisfy for all purposes the requirements of this Section 5.02.

 

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Section 5.03       
Taxes. Pay its obligations in respect of all Tax liabilities, assessments and governmental charges, before
the same shall become delinquent or in default, except where (i) Parent or a Subsidiary thereof has set aside on its books adequate
reserves therefor in accordance with GAAP and the amount thereof is being contested in good faith by appropriate proceedings or
(ii) the failure to make payment would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse
Effect.

 

Section 5.04       
Financial Statements, Reports, Etc. Furnish to the Administrative Agent (which will promptly furnish such
information to the Lenders):

 

(a)              
within 90 days after the end of each fiscal year, commencing with the first fiscal year ending after the Closing
Date, a consolidated balance sheet and related statements of operations, cash flows and owners’ equity showing the financial
position of Parent and its Subsidiaries as of the close of such fiscal year and the consolidated results of their operations during
such year and setting forth in comparative form the corresponding figures for the prior fiscal year, which consolidated balance
sheet and related statements of operations, cash flows and owners’ equity shall be accompanied by customary management’s
discussion and analysis and audited by independent public accountants of recognized national standing and accompanied by an opinion
of such accountants (which opinion shall not be qualified as to scope of audit or as to the status of Parent or any Material Subsidiary
as a going concern, other than solely with respect to, or resulting solely from, (x) an upcoming maturity date under any material
Indebtedness occurring within one year from the time such opinion is delivered or (y) any potential inability to satisfy any
financial maintenance covenant included in any Indebtedness of Parent or any Subsidiary on a future date or in a future period)
to the effect that such consolidated financial statements fairly present, in all material respects, the financial position and
results of operations of Parent and its Subsidiaries on a consolidated basis in accordance with GAAP (it being understood that
the delivery by Parent of annual reports on Form 10-K of Parent and its consolidated Subsidiaries shall satisfy the requirements
of this Section 5.04(a) to the extent such annual reports include the information specified herein and are delivered
within the time period specified above);

 

(b)               within
45 days after the end of each of the first three fiscal quarters of each fiscal year (commencing with the fiscal quarter
ending October 1, 2020), a consolidated balance sheet of Parent and its Subsidiaries as of the end of such fiscal quarter,
and consolidated statement of operations of the Parent and its Subsidiaries for such fiscal quarter and the then-elapsed
portion of the fiscal year, and consolidated statements of owners’ equity and cash flows for the then-elapsed portion
of the fiscal year, in each case setting forth in comparative form the corresponding figures for the corresponding periods of
the prior fiscal year, all of which shall be in reasonable detail, which consolidated balance sheet and related statements of
operations and cash flows shall be accompanied by customary management’s discussion and analysis and which consolidated
balance sheet and related statements of operations and cash flows shall be certified by a Financial Officer of Parent on
behalf of Parent as fairly presenting, in all material respects, the financial position and results of operations of Parent
and its Subsidiaries on a consolidated basis in accordance with GAAP (subject to normal year-end audit adjustments and the
absence of footnotes) (it being understood that the delivery by Parent of quarterly reports on Form 10-Q of Parent and its
consolidated Subsidiaries shall satisfy the requirements of this Section 5.04(b) to the extent such quarterly
reports include the information specified herein and are delivered within the time period specified above);

 

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(c)              
concurrently with any delivery of financial statements under clause (a) and (b) above, a certificate of a Financial
Officer of Parent (i) certifying that no Event of Default or Default has occurred since the date of the last certificate delivered
pursuant to this Section 5.04(c) (or since the Closing Date in the case of the first such certificate) or, if such
an Event of Default or Default has occurred, specifying the nature and extent thereof and any corrective action taken or proposed
to be taken with respect thereto, (ii) in the case of any certificate delivered simultaneously with the delivery of the financial
statements referred to in clause (a) above commencing with respect to the fiscal year ending December 31, 2021, setting forth in
reasonable detail the calculations for Excess Cash Flow for such period and (iii) setting forth the calculation and uses of the
Available Amount for the fiscal period then ended if the Available Amount has been used for any purpose during such fiscal period;

 

(d)              
promptly after the same become publicly available, copies of all periodic and other publicly available reports, proxy
statements and, to the extent requested by the Administrative Agent, other materials filed by Parent or any of the Subsidiaries
with the SEC, or distributed to its stockholders or shareholders generally, as applicable; provided, however, that
such reports, proxy statements, filings and other materials required to be delivered pursuant to this clause (d) shall be deemed
delivered for purposes of this Agreement when posted to the website of Parent or the Borrower or the website of the SEC;

 

(e)              
within 90 days after the beginning of each fiscal year that commences after the Closing Date, a consolidated annual
budget for such fiscal year consisting of a projected consolidated balance sheet of Parent and its Subsidiaries as of the end of
such fiscal year and the related consolidated statements of projected cash flow and projected income (collectively, the “Budget”),
which Budget shall in each case be accompanied by the statement of a Financial Officer of Parent to the effect that the Budget
is based on assumptions believed by Parent to be reasonable as of the date of delivery thereof;

 

(f)               
promptly following any request therefor, information and documentation reasonably requested by the Administrative
Agent or any Lender for purposes of compliance with applicable “know your customer” and anti-money laundering rules
and regulations, including the PATRIOT Act and the Beneficial Ownership Regulation; and

 

(g)              
promptly, from time to time, such other information regarding the operations, business affairs and financial condition
of Parent or any of the Subsidiaries, or compliance with the terms of any Loan Document as in each case the Administrative Agent
may reasonably request (for itself or on behalf of any Lender).

 

The Borrower acknowledges and agrees that
all financial statements furnished pursuant to paragraphs (a), (b) and (d) above are hereby deemed to be Borrower Materials suitable
for distribution, and to be made available, to Public Lenders as contemplated by Section 9.17 and may be treated by
the Administrative Agent and the Lenders as if the same had been marked “PUBLIC” in accordance with such paragraph
(unless the Borrower otherwise notifies the Administrative Agent in writing on or prior to delivery thereof).

 

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Section 5.05       
Litigation and Other Notices. Furnish to the Administrative Agent (which will promptly thereafter furnish
to the Lenders) written notice of the following promptly after any Responsible Officer of the Borrower obtains actual knowledge
thereof:

 

(a)              
any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed
to be taken with respect thereto;

 

(b)              
the filing or commencement of, or any written threat or notice of intention of any person to file or commence, any
action, suit or proceeding, whether at law or in equity or by or before any Governmental Authority or in arbitration, against Parent
or any of the Subsidiaries as to which an adverse determination is reasonably probable and which, if adversely determined, would
reasonably be expected to have a Material Adverse Effect;

 

(c)              
any other development specific to Parent or any of the Subsidiaries that is not a matter of general public knowledge
and that has had, or would reasonably be expected to have, a Material Adverse Effect; and

 

(d)              
the occurrence of any ERISA Event that, together with all other ERISA Events that have occurred, would reasonably
be expected to have a Material Adverse Effect.

 

Each notice delivered under this Section 5.05
shall be accompanied by a statement of a Responsible Officer of the Borrower 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 5.06       
Compliance with Laws. Comply with all laws, rules, regulations and orders of any Governmental Authority applicable
to it or its property, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to
result in a Material Adverse Effect; provided, that this Section 5.06 shall not apply to Environmental Laws,
which are the subject of Section 5.09, or to laws related to Taxes, which are the subject of Section 5.03.
Parent will implement and maintain in effect and enforce policies and procedures designed to ensure compliance by Parent, its Subsidiaries
and their respect directors, officers and employees with Anti-Corruption Laws and applicable Sanctions.

 

Section 5.07       
Maintaining Records; Access to Properties and Inspections. Maintain all financial records in accordance with
GAAP and permit any persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event
of Default, any Lender to visit and inspect the financial records and the properties of Parent or any of the Subsidiaries at reasonable
times, upon reasonable prior notice to Parent, and to make extracts from and copies of such financial records, and permit any persons
designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender upon
reasonable prior notice to Parent to discuss the affairs, finances and condition of Parent or any of the Subsidiaries with the
officers thereof and independent accountants therefor, in each case, subject to reasonable requirements of confidentiality, including
requirements imposed by law or by contract; provided, however, (i) representatives of Parent may be present during any such visits,
discussions and inspections, and (ii) any visit or inspection permitted by this Section 5.07 shall be limited to once
per twelve (12) month period in the absence of the occurrence and continuance of an Event of Default.

 

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Section 5.08       
Use of Proceeds. Use the proceeds of the Term Loans made in the manner contemplated by Section 3.12.

 

Section 5.09       
Compliance with Environmental Laws. Comply, and make reasonable efforts to cause all lessees and other persons
occupying its properties to comply, with all applicable Environmental Laws; and obtain and renew all required Environmental Permits,
except, in each case with respect to this Section 5.09, to the extent the failure to do so would not reasonably be
expected to have, individually or in the aggregate, a Material Adverse Effect.

 

Section 5.10       
Further Assurances; Additional Guarantors; Additional Security.

 

(a)              
Execute any and all further documents, financing statements, agreements and instruments, and take all such further
actions (including the filing and recording of financing statements and other documents), that may be required by the Security
Documents or that the Collateral Agent may reasonably request (including, without limitation, those required by applicable law),
to satisfy the Collateral and Guarantee Requirement and to cause the Collateral and Guarantee Requirement to be and remain satisfied,
all at the expense of the Loan Parties and provide to the Collateral Agent, from time to time upon reasonable request, evidence
reasonably satisfactory to the Collateral Agent as to the perfection of the Liens created or intended to be created by the Security
Documents.

 

(b)              
If any asset (other than Real Property) is acquired by any Loan Party (including, without limitation, any acquisition
pursuant to a Division) after the Closing Date or owned by an entity at the time it becomes a Guarantor (in each case other than
(x) assets constituting Collateral under a Security Document that automatically become subject to the Lien of such Security Document
upon acquisition thereof, (y) assets constituting Excluded Property and (z) assets (other than Equity Interests) owned thereby
and located outside of the United States), such Loan Party will cause such asset to be subjected to a Lien (subject to any Permitted
Liens) securing the Obligations by, and take, and cause the Guarantors to take, such actions as shall be reasonably requested by
the Collateral Agent to satisfy the Collateral and Guarantee Requirement to be satisfied with respect to such asset, including
actions described in clause (a) of this Section 5.10, all at the expense of the Loan Parties, subject to the penultimate
paragraph of this Section 5.10.

 

(c)               Grant
and cause each of the Guarantors to grant to the Collateral Agent security interests in, and mortgages on, any Material Real
Property (other than Excluded Property) of such Loan Parties, as applicable, that are not Mortgaged Property as of the
Closing Date, to the extent acquired after the Closing Date or to the extent a new Guarantor owns Material Real Property
after the Closing Date, within ninety (90) days after such acquisition or such new Guarantor becoming a Guarantor, as
applicable, or in each case, such later date as the Collateral Agent may agree in its reasonable discretion, pursuant to
documentation in form and substance reasonably satisfactory to the Collateral Agent and the Borrower (each, an
 “Additional Mortgage”), which security interest and mortgage shall constitute valid and enforceable Liens
subject to no other Liens except Permitted Liens and record, register or file, and cause each such Subsidiary to record,
register or file, the Additional Mortgage or instruments related thereto in such manner and in such places as is required by
law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent (for the benefit of the Secured
Parties) required to be granted pursuant to the Additional Mortgages and pay, and cause each such Subsidiary to pay, in full,
all Taxes, fees and other charges required to be paid in connection with such recording, registration or filing, in each case
subject to the penultimate paragraph of this Section 5.10. Unless otherwise waived by the Collateral Agent, with
respect to each such Additional Mortgage, the Borrower shall cause the requirements set forth in clause (h) of the definition
of “Collateral and Guarantee Requirement” to be satisfied with respect to such Material Real Property.

 

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(d)              
If any additional direct or indirect U.S. Subsidiary of Parent (i) is formed (including, without limitation, the
formation of any Subsidiary of Parent that is a Division Successor), acquired or ceases to constitute an Excluded Subsidiary following
the Closing Date and such Subsidiary is (1) a Wholly Owned Subsidiary which is a U.S. Subsidiary and not an Excluded Subsidiary
or (2) any other U.S. Subsidiary that may be designated by Parent in its sole discretion or (ii) that is not the Borrower or a
Guarantor guarantees or incurs any other Indebtedness under the indenture governing the First Lien Notes or guarantees or incurs
any capital markets Indebtedness of Parent, the Borrower or any Subsidiary of Parent with an aggregate principal amount in excess
of $400,000,000, in each case, within sixty (60) days after the date such Subsidiary is formed or acquired or meets such criteria
(or first becomes subject to such requirement) or such longer period as the Collateral Agent may agree, cause such Subsidiary to
become a Guarantor and cause the Collateral and Guarantee Requirement to be satisfied with respect to such Subsidiary and with
respect to any Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party, subject to the penultimate
paragraph of this Section 5.10. Notwithstanding anything to the contrary herein, in no circumstance shall an Excluded
Subsidiary become a Guarantor unless designated as a Guarantor by Parent in its sole discretion.

 

(e)              
Furnish to the Collateral Agent prompt written notice of any change (A) in any Loan Party’s corporate, registered
or organization name, (B) in any Loan Party’s identity or organizational structure, (C) in any Loan Party’s organizational
identification or registered number (to the extent relevant in the applicable jurisdiction of organization or incorporation) and
(D) in any Loan Party’s jurisdiction of organization or incorporation; provided, that the Loan Parties shall not effect
or permit any such change unless all filings have been made, or will have been made within 10 days following such change (or such
longer period as the Collateral Agent may agree), under the Uniform Commercial Code that are required in order for the Collateral
Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral
in which a security interest may be perfected by such filing, for the benefit of the Secured Parties.

 

(f)               
If any additional Subsidiary of Parent is formed or acquired after the Closing Date (with any Subsidiary Redesignation
resulting in an Unrestricted Subsidiary becoming a Subsidiary being deemed to constitute the acquisition of a Subsidiary) and if
such Subsidiary is a “first tier” Subsidiary of a Loan Party, within sixty (60) days after the date such Subsidiary
is formed or acquired or such longer period as the Collateral Agent may agree in its reasonable discretion, cause the Collateral
and Guarantee Requirement to be satisfied with respect to any Equity Interest in such Subsidiary owned by or on behalf of any Loan
Party, subject to the penultimate paragraph of this Section 5.10.

 

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Notwithstanding anything to the contrary
in this Agreement or in the other Loan Documents, the Collateral and Guarantee Requirement and the other provisions of this Section 5.10
and the other Loan Documents with respect to Collateral need not be satisfied with respect to any of the following (collectively,
the “Excluded Property”):

 

(a)              
any leased Real Property;

 

(b)              
any owned Real Property with a fair market value (as reasonably determined by the Borrower) of less than Ten Million
Dollars ($10,000,000) as of the Closing Date, or, with respect to any Real Property acquired by any Loan Party after the Closing
Date, at the time of such acquisition, or with respect to any Real Property owned by a new Guarantor after the Closing Date, at
the time of such new Guarantor becoming a Guarantor;

 

(c)              
any owned Real Property which is located in a jurisdiction outside of the United States;

 

(d)              
any Principal Properties (whether owned or leased);

 

(e)              
any Real Property that is or becomes subject to: (i) restrictions relating to a classified program; or (ii) contractual
or governmental limitations on the grant of security (or for which the recording of a mortgage would trigger a purchase or other
preferential right in favor of a third-party);

 

(f)               
any intellectual property for which a perfected Lien thereon is not effected either by: (i) the filing of a UCC financing
statement; or (ii) notice of such Lien being filed in either the United States Copyright Office or the United States Patent and
Trademark Office;

 

(g)              
any personal property (other than (i) personal property described in clause (f) above, and (ii) personal property
consisting of deposit accounts, securities accounts and commodities accounts) for which the attachment or perfection of a Lien
thereon is not governed by the UCC;

 

(h)              
any personal property which is located in a jurisdiction outside of the United States, including, without limitation,
any intellectual property registered with, or pending before, any Governmental Authority or registrar of any jurisdiction outside
of the United States;

 

(i)                
Excluded Securities;

 

(j)                
any property which is subject to a Capitalized Lease Obligation permitted hereunder, pursuant to documents which
prohibit such Loan Party from granting Liens on such property pursuant to the Security Documents;

 

(k)               
Excluded Accounts;

 

(l)                
motor vehicles and other personal property subject to certificates of title, solely if, and to the extent that, a
Lien thereon cannot be perfected by the filing of a UCC financing statement;

 

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(m)            
 letter of credit rights with an individual value of less than Ten Million Dollars ($10,000,000), solely if, and
to the extent that, a Lien thereon cannot be perfected by the filing of a UCC financing statement;

 

(n)             
commercial tort claims with an individual value of less than Ten Million Dollars ($10,000,000), solely if, and to
the extent that, a Lien thereon cannot be perfected by the filing of a UCC financing statement;

 

(o)             
any personal property for which, solely if, and for so long as, a pledge thereof, or the granting of a security interest
therein, (i) is prohibited by, or would violate, any applicable Laws, or would require the consent or approval of any Governmental
Authority, or (ii) would require the consent or approval of a third party (other than a Governmental Authority), so long as such
consent or approval right arises under an agreement in effect (A) on the Closing Date, or (B) on the date on which such personal
property is acquired, in each case, unless such prohibition or requirement would be rendered ineffective with respect to the creation
of a security interest pursuant to Sections 9–406, 9–407 or 9–409 of the UCC; provided, that, such property (or
any portion thereof) shall cease to constitute “Excluded Property” at such time as such prohibition or requirement
shall no longer be applicable;

 

(p)             
any lease, license or other agreements, or any property subject to a purchase money security interest, capital lease
or similar arrangements (in each case, to the extent permitted under the Loan Documents), solely if, and for so long as, a pledge
thereof, or the granting of a security interest therein, would violate or invalidate such lease, license or agreement, purchase
money, capital lease or similar arrangement, or create a right of termination in favor of any other party thereto (other than Parent
or any Subsidiary), in each case, after giving effect to the applicable anti-assignment clauses of the UCC and applicable Laws,
other than the proceeds and receivables thereof, the assignment of which is expressly deemed effective under applicable Laws notwithstanding
such prohibition; provided, that, such property (or any portion thereof) shall cease to constitute “Excluded Property”
at such time as such prohibition or limitation shall no longer be applicable;

 

(q)             
any intent-to-use trademark or service mark application in the United States prior to the filing of a “Statement
of Use” or “Amendment to Allege Use” with respect thereto, solely to the extent, if any, that, and solely at
all times during the period, if any, during which, the grant, attachment, or enforcement of a security interest therein would impair
the validity or enforceability of such intent-to-use trademark or service mark application, or any trademark or service mark issuing
therefrom, in each case, under applicable federal Laws;

 

(r)               
any personal property for which a pledge thereof, or the granting of a security interest therein, would result in
material adverse tax consequences to Parent and its Subsidiaries, in each case, as reasonably determined in good faith by the Borrower;

 

(s)              
any property for which the Collateral Agent and the Borrower have determined, in their reasonable judgment, that
the cost or burden (including, without limitation, regulatory burdens) of creating or perfecting such pledges or security interests
therein are likely to be excessive in light of the benefits to be obtained therefrom by the Secured Parties; and

 

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(t)                
 any property to the extent the grant of a security interest therein would violate or be inconsistent with restrictions
applicable under a classified program, any national security Law, policy, guideline or program or is otherwise not permitted by
applicable Governmental Authorities or officials on the basis of national security policy or concerns; provided, that, notwithstanding
anything to the contrary in the foregoing, “Excluded Property” shall not include, and the Collateral shall include,
and the security interest granted in the Collateral shall attach to: (A) all proceeds, substitutions or replacements of any such
excluded items referred to in clauses (a) through (t) above, unless such proceeds, substitutions or replacements would constitute
any of such excluded items; and (B) all rights to payment due, or to become due, under any such excluded items referred to in clauses
(a) through (t) above, unless such rights to payment would constitute any of such excluded items referred to in clauses (a) through
(t) above. In addition, in no event shall (1) control agreements or control, lockbox or similar agreements or arrangements be required
with respect to deposit accounts, securities accounts or commodities accounts, (2) landlord, mortgagee and bailee waivers or subordination
agreements (other than any subordination agreement expressly contemplated by Sections 6.01(a), (e) or (m)
or the proviso to Section 6.04 of this Agreement) be required, (3) notices be required to be sent to account debtors
or other contractual third parties unless an Event of Default has occurred and is continuing and (4) foreign-law governed security
documents or perfection under foreign law be required.

 

Notwithstanding anything herein to the contrary,
(A) the Collateral Agent may grant extensions of time or waiver or modification of requirement for the creation or perfection of
security interests in or the obtaining of insurance (including title insurance) or surveys with respect to particular assets (including
extensions beyond the Closing Date for the perfection of security interests in the assets of the Loan Parties on such date) where
it reasonably determines, in consultation with the Borrower, that perfection or obtaining of such items cannot reasonably be accomplished
without undue effort or expense or is otherwise impracticable by the time or times at and/or in the form or manner in which it
would otherwise be required by this Agreement or the other Loan Documents, (B) Liens required to be granted from time to time pursuant
to, or any other requirements of, the Collateral and Guarantee Requirement and the Security Documents shall be subject to exceptions
and limitations set forth in the Security Documents and (C) to the extent any Mortgaged Property is located in a jurisdiction with
mortgage recording or similar Tax, the amount secured by the Security Document with respect to such Mortgaged Property shall be
limited to the Fair Market Value of such Mortgaged Property as determined in good faith by the Borrower (subject to such lesser
amount agreed to by the Collateral Agent).

 

Section 5.11       
Restricted and Unrestricted Subsidiaries. Designate any Subsidiary as an Unrestricted Subsidiary only in accordance
with the definition of “Unrestricted Subsidiary” contained herein.

 

Section 5.12       
Post-Closing. Take all necessary actions to satisfy the items described on Schedule 5.12 (as may
be updated pursuant to Section 9.08(b) of this Agreement) within the applicable period of time specified in such Schedule
(or such longer period as the Administrative Agent may agree).

 

Section 5.13        Maintenance
of Ratings. Use commercially reasonable efforts to cause the credit facilities provided for herein to be continuously
rated by S&P and Moody’s and to maintain an issuer credit rating and corporate family rating of the Borrower from
S&P and Moody’s, respectively; provided that, in each case, there shall be no requirement to obtain or
maintain any specific rating.

 

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Article
VI

Negative Covenants

 

The Borrower covenants and agrees with each
Lender that from the Closing Date until the Termination Date, unless the Required Lenders shall otherwise consent in writing, Parent
and the Borrower will not, and will not permit any of the Subsidiaries to:

 

Section 6.01       
Indebtedness. Incur, create, assume or permit to exist any Indebtedness, except:

 

(a)              
Indebtedness outstanding on the Closing Date (provided, that any Indebtedness incurred pursuant to this clause
(a) in an aggregate principal amount in excess of $50,000,000 shall be set forth on Schedule 6.01), and any Permitted Refinancing
Indebtedness incurred to Refinance Indebtedness incurred pursuant to this clause (a); provided, that any Indebtedness outstanding
pursuant to this clause (a) which is owed by a Loan Party to any Subsidiary that is not a Loan Party shall be subordinated in right
of payment to the Loan Obligations under this Agreement on customary terms;

 

(b)              
Indebtedness created hereunder (including pursuant to Section 2.21, Section 2.22 and Section 2.23)
and under the other Loan Documents and any Refinancing Notes incurred to Refinance such Indebtedness;

 

(c)              
Indebtedness of Parent or any Subsidiary pursuant to Hedging Agreements entered into for non-speculative purposes;

 

(d)              
Indebtedness (including obligations in respect of letters of credit, bank guarantees or similar instruments for the
benefit of any person providing such Indebtedness) in respect of workers’ compensation claims, health, disability or other
employee benefits or property, casualty, liability or self-insurance obligations, supply chain financings transactions, trade contracts,
bankers’ acceptances, guarantees, performance, tender, bid, stay, surety, statutory, judgment, appeal, advance payment, completion,
export or import, indemnities, customs, value added or similar tax or other guarantees and warranties, revenue bonds or similar
instruments, in each case in the ordinary course of business or consistent with past practice or industry practices, including
those incurred to secure health, safety and environmental obligations;

 

(e)              
Indebtedness of Parent to any Subsidiary and of any Subsidiary to Parent or any other Subsidiary; provided,
that Indebtedness owed by any Loan Party to any Subsidiary that is not a Loan Party incurred pursuant to this Section 6.01(e)
shall be subordinated in right of payment to the Loan Obligations under this Agreement on customary terms;

 

(f)               
Indebtedness incurred in connection with a Permitted Incentive Program or Qualifying IRB Financing;

 

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(g)              
 Indebtedness arising in connection with endorsement of instruments for collection or deposit, from the honoring
by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds or other cash
management services in the ordinary course of business;

 

(h)              
(i) Indebtedness of a Subsidiary acquired after the Closing Date or a person merged or consolidated with Parent,
the Borrower or any Subsidiary after the Closing Date and Indebtedness otherwise assumed by any Loan Party in connection with a
Permitted Acquisition (including the Impending Acquisition); provided, that, Indebtedness assumed pursuant to this sub-clause
(h)(i) shall be in existence prior to such Permitted Acquisition and shall not have been created in contemplation thereof or in
connection therewith; (ii) Indebtedness incurred to finance any Permitted Acquisition; provided that, with respect to Indebtedness
incurred pursuant to this sub-clause (h)(ii), (A) before and after giving effect to such Permitted Acquisition on a Pro Forma Basis,
no Default or Event of Default exists, (B) after giving effect to such acquisition on a Pro Forma Basis, either (x) the Fixed Charge
Coverage Ratio shall be equal to or greater than 2.00 to 1.00 or (y) the Fixed Charge Coverage Ratio shall not be less than the
Fixed Charge Coverage Ratio in effect immediately prior to such Permitted Acquisition, (C) any such Indebtedness, if secured by
the Collateral, shall be subject to a Permitted First Lien Intercreditor Agreement or Permitted Junior Lien Intercreditor Agreement
(as applicable) or an Intercreditor Agreement reasonably satisfactory to the Administrative Agent, (D) such Indebtedness shall
not mature prior to the date that is the latest final maturity date of the Term Loans existing at the time of such incurrence (or
in the case of any Junior Financing, until the date that is 91 days thereafter), and the Weighted Average Life to Maturity of any
such Indebtedness shall be no shorter than the remaining Weighted Average Life to Maturity of the Term Loans with the latest final
maturity at the time of such incurrence, (E) the MFN Protection shall apply to any such Indebtedness in the form of a term loan
secured by Other First Liens that is incurred prior to the date that is 12 months after the Closing Date and (F) the then outstanding
aggregate principal amount of Indebtedness incurred pursuant to this clause (h)(ii), Section 6.01(p)(i) and Section 6.01(q)(x)
by Subsidiaries that are not Loan Parties shall not exceed the greater of (x) $350,000,000 and (y) 5.00% of Consolidated Total
Assets at the time of incurrence, and (iii) any Permitted Refinancing Indebtedness incurred to Refinance any Indebtedness incurred
pursuant to this clause (h);

 

(i)       (x)
Capitalized Lease Obligations, mortgage financings, purchase money obligations (including Indebtedness as lessee or guarantor)
and other Indebtedness (including, for the avoidance of doubt, any Indebtedness in connection with sale leaseback transactions)
in each case, incurred for the purpose of financing all or any part of the acquisition, lease or cost of design, construction,
repair, replacement, installation or improvement of the respective property (real or personal, and whether through the direct purchase
of property or the Equity Interest of any person owning such property), in an aggregate principal amount that immediately after
giving effect to the incurrence of such Indebtedness and the use of proceeds thereof, together with the aggregate principal amount
of any other Indebtedness outstanding pursuant to this Section 6.01(i), would not exceed the greater of $350,000,000
and 5.0% of Consolidated Total Assets when incurred, created or assumed, and (y) any Permitted Refinancing Indebtedness in respect
thereof;

 

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(j)                
 the First Lien Notes and any Permitted Refinancing Indebtedness in respect thereof;

 

(k)              
(x) other Indebtedness of Parent or any Subsidiary, in an aggregate principal amount that, immediately after giving
effect to the incurrence of such Indebtedness and the use of proceeds thereof, together with the aggregate principal amount of
any other Indebtedness outstanding pursuant to this Section 6.01(k), would not exceed the greater of $350,000,000 and
5.0% of Consolidated Total Assets when incurred, created or assumed and (y) any Permitted Refinancing Indebtedness in respect thereof;

 

(l)                
the Senior Notes, the 2025 Notes and the 2026 Notes and any Permitted Refinancing Indebtedness in respect of the
foregoing;

 

(m)            
Guarantees:

 

(i)                
by any Loan Party of any Indebtedness of any Loan Party permitted to be incurred under this Agreement,

 

(ii)               
by any Loan Party of Indebtedness otherwise permitted hereunder of any Subsidiary that is not a Loan Party to the
extent such Guarantees are permitted by Section 6.04,

 

(iii)              
by any Subsidiary that is not a Loan Party of Indebtedness of another Subsidiary; provided that such Indebtedness
is otherwise permitted to be incurred under this Section 6.01, and

 

(iv)             
by any Loan Party of Indebtedness of Subsidiaries that are not Loan Parties incurred for working capital purposes
in the ordinary course of business on ordinary business terms so long as such Indebtedness is permitted to be incurred under Section 6.01;
provided, that Guarantees by any Loan Party under this Section 6.01(m) of any other Indebtedness of a person
that is subordinated in right of payment to other Indebtedness of such person shall be expressly subordinated in right of payment
to the Loan Obligations to at least the same extent as such underlying Indebtedness is subordinated in right of payment;

 

(n)              
Indebtedness arising from agreements of Parent or any Subsidiary providing for Guarantees, indemnification, adjustment
of purchase or acquisition price or similar obligations (including earn-outs), in each case, incurred or assumed in connection
with the Transactions, any Permitted Acquisition, other Investments or the disposition of any business, assets, Equity Interests
or Subsidiary not prohibited by this Agreement;

 

(o)              
Indebtedness in respect of letters of credit, bank guarantees, warehouse receipts or similar instruments issued in
the ordinary course of business or consistent with past practice or industry practices and not supporting obligations in respect
of Indebtedness for borrowed money;

 

(p)               (i)
other Indebtedness of Parent or any Subsidiary so long as immediately after giving effect to the incurrence of such
Indebtedness and the use of proceeds thereof, (A) the Fixed Charge Coverage Ratio on a Pro Forma Basis is equal to or greater
than 2.00 to 1.00, (B) no Default or Event of Default shall have occurred and be continuing or shall result therefrom, (C)
any such Indebtedness, if secured by the Collateral, shall be subject to a Permitted First Lien Intercreditor Agreement or
Permitted Junior Lien Intercreditor Agreement (as applicable) or an Intercreditor Agreement reasonably satisfactory to the
Administrative Agent, (D) such Indebtedness shall not mature prior to the date that is the latest final maturity date of
the Term Loans existing at the time of such incurrence (or in the case of any Junior Financing, until the date that is 91
days thereafter), and the Weighted Average Life to Maturity of any such Indebtedness shall be no shorter than the remaining
Weighted Average Life to Maturity of the Term Loans with the latest final maturity at the time of such incurrence, (E) the
MFN Protection shall apply to any such Indebtedness in the form of a term loan secured by Other First Liens that is incurred
prior to the date that is 12 months after the Closing Date and (F) the then outstanding aggregate principal amount of
Indebtedness incurred pursuant to this clause (p)(i), Section 6.01(h)(ii) and Section 6.01(q)(x) by
Subsidiaries that are not Loan Parties shall not exceed the greater of (x) $350,000,000 and (y) 5.00% of Consolidated Total
Assets at the time of incurrence, and (ii) any Permitted Refinancing Indebtedness in respect thereof;

 

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(q)              
(x) Indebtedness of Subsidiaries that are not Guarantors in an aggregate principal amount outstanding that, immediately
after giving effect to the incurrence of such Indebtedness and the use of proceeds thereof, together with the aggregate principal
amount of any other Indebtedness outstanding pursuant to this Section 6.01(q)(x), Section 6.01(h)(ii) and
Section 6.01(p)(i), would not exceed the greater of $175,000,000 and 2.5% of Consolidated Total Assets and (y) any
Permitted Refinancing Indebtedness in respect thereof;

 

(r)               
Indebtedness incurred in the ordinary course of business in respect of obligations of Parent or any Subsidiary to
pay the deferred purchase price of goods or services or progress payments in connection with such goods and services; provided,
that such obligations are incurred in connection with open accounts extended by suppliers on customary trade terms in the ordinary
course of business and not in connection with the borrowing of money or any Hedging Agreements;

 

(s)               
Indebtedness representing deferred compensation to employees, consultants or independent contractors of Parent or
any Subsidiary incurred in the ordinary course of business;

 

(t)                
(x) Indebtedness in connection with Qualified Securitization Transactions and Qualified Receivables Facilities in
an aggregate principal amount outstanding that, immediately after giving effect to the incurrence of such Indebtedness and the
use of proceeds thereof, together with the aggregate principal amount of any other Indebtedness outstanding pursuant to this Section 6.01(t),
would not exceed the greater of $350,000,000 and 5.0% of Consolidated Total Assets when incurred, created or assumed and (y) any
Permitted Refinancing Indebtedness in respect thereof;

 

(u)              
obligations in respect of Cash Management Agreements;

 

(v)              
(i) Permitted Debt secured by Other First Liens or Junior Liens on the Collateral in an aggregate principal amount
outstanding not to exceed at the time of incurrence the applicable Incremental Amount available at such time; provided,
that any such Permitted Debt shall count as a usage of the Incremental Amount for purposes of Section 2.21, and (ii)
Permitted Refinancing Indebtedness in respect of any Indebtedness theretofore outstanding pursuant to this clause (v);

 

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(w)            
Indebtedness of, incurred on behalf of, or representing Guarantees of Indebtedness by Parent or any Subsidiary of,
joint ventures or Unrestricted Subsidiaries subject to compliance with Section 6.04, in an aggregate principal amount
that, immediately after giving effect to the incurrence of such Indebtedness, together with the aggregate principal amount of any
other Indebtedness outstanding pursuant to this Section 6.01(w), would not exceed the greater of $175,000,000 and 2.5%
of Consolidated Total Assets when incurred;

 

(x)              
Indebtedness issued by Parent or any Subsidiary to current or former officers, directors and employees, their respective
permitted transferees, assigns, estates, spouses or former spouses to finance the purchase or redemption of Equity Interests of
Parent permitted by Section 6.06;

 

(y)              
Indebtedness consisting of obligations of Parent or any Subsidiary under deferred compensation or other similar arrangements
incurred by such person in connection with the Transactions and Permitted Acquisitions or any other Investment permitted hereunder;

 

(z)              
Indebtedness of Parent or any Subsidiary to or on behalf of any joint venture (regardless of the form of legal entity)
that is not a Subsidiary arising in the ordinary course of business in connection with the cash management operations (including
with respect to intercompany self-insurance arrangements) of Parent and the Subsidiaries;

 

(aa)           
Indebtedness under tax-favored or government sponsored financing transactions (including, for the avoidance of doubt,
financing transactions sponsored by the European Investment Bank); provided that the Net Proceeds of such Indebtedness incurred
after the Closing Date shall be used to (i) prepay Term Loans in accordance with Section 2.11 or (ii) prepay, repay
or refinance other Indebtedness incurred under other tax-favored or government sponsored financing transactions;

 

(bb)          
Indebtedness consisting of (i) obligations to pay, or the financing of, insurance premiums or (ii) take-or-pay obligations
contained in supply arrangements, in each case, in the ordinary course of business;

 

(cc)           
Indebtedness related to unfunded pension fund and other employee benefit plan obligations and liabilities to the
extent they are permitted to remain unfunded under applicable law;

 

(dd)          
Indebtedness under the North Hangar Lease;

 

(ee)            upon
a Discontinuance Event, Indebtedness in an amount equal to the lesser of: (A) the aggregate amount of Advance Payments made
by the applicable customer under the applicable contract, less the sum of (I) the aggregate amount of Advance Payments under
the applicable contract theretofore repaid to the applicable customer or otherwise satisfied or forgiven, plus (II) any
Advance Payments that are not required to be repaid under the applicable contract as a result of such Discontinuance Event,
and (B) the amount agreed in writing between Parent or the applicable Subsidiary, on one hand, and the applicable customer,
on the other hand, in settlement of any repayment obligations owing to the applicable customer in respect of Advance Payments
under the applicable contract as a result of such Discontinuance Event;

 

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(ff)            
loans or cash advances from customers in an aggregate amount not to exceed $500,000,000; and

 

(gg)          
Indebtedness pursuant to a program or facility sponsored or guaranteed by any Governmental Authority for the purposes
(in the good faith determination of the Borrower) of providing liquidity or other financial relief in connection with the COVID-19
pandemic and any potential effects and consequences related thereto.

 

For purposes of determining compliance with
this Section 6.01 or Section 6.02, if Indebtedness is incurred to refinance other Indebtedness denominated
in a currency other than Dollars (or in a different currency from the Indebtedness being refinanced), and such refinancing would
cause the applicable Dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect
on the date of such refinancing, such Dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal
amount of such refinancing Indebtedness does not exceed (i) the outstanding or committed principal amount, as applicable, of such
Indebtedness being refinanced plus (ii) the aggregate amount of fees, underwriting discounts, premiums (including tender premiums),
defeasance costs and other costs and expenses incurred in connection with such refinancing.

 

Further, for purposes of determining
compliance with this Section 6.01, (A) Indebtedness need not be permitted solely by reference to one category of
permitted Indebtedness (or any portion thereof) described in Section 6.01(a) through (gg) but may be permitted in
part under any relevant combination thereof (and subject to compliance, where relevant, with Section 6.02), (B)
in the event that an item of Indebtedness (or any portion thereof) meets the criteria of one or more of the categories of
permitted Indebtedness (or any portion thereof) described in Section 6.01(a) through (gg), the Borrower may, in
its sole discretion, classify or divide such item of Indebtedness (or any portion thereof) in any manner that complies with
this Section 6.01 and will be entitled to only include the amount and type of such item of Indebtedness (or any
portion thereof) in one of the above clauses (or any portion thereof) and such item of Indebtedness (or any portion thereof)
shall be treated as having been incurred or existing pursuant to only such clause or clauses (or any portion thereof); provided,
that all Indebtedness outstanding under this Agreement shall at all times be deemed to have been incurred pursuant to clause
(b) of this Section 6.01 and (C) at the option of the Borrower, any Indebtedness and/or Lien incurred to finance
a Limited Condition Transaction shall be deemed to have been incurred on the date the definitive acquisition or investment
agreement relating to such Limited Condition Transaction was entered into (and not at the time such Limited Condition
Transaction is consummated) and the First Lien Secured Net Leverage Ratio and/or the Total Net Leverage Ratio shall be tested
(x) in connection with such incurrence, as of the date the definitive acquisition or investment agreement relating to such
Limited Condition Transaction was entered into, giving pro forma effect to such Limited Condition Transaction, to any such
Indebtedness or Lien, and to all transactions in connection therewith and (y) in connection with any other incurrence after
the date the definitive acquisition or investment agreement relating to such Limited Condition Transaction was entered into
and prior to the earlier of the consummation of such Limited Condition Transaction or the termination of such definitive
agreement prior to the incurrence, both (i) on the basis set forth in clause (x) above and (ii) without giving effect to such
Limited Condition Transaction or the incurrence of any such Indebtedness or Liens or the other transactions in connection
therewith. In addition, with respect to any Indebtedness that was permitted to be incurred hereunder on the date of such
incurrence, any Increased Amount of such Indebtedness shall also be permitted hereunder after the date of such
incurrence.

 

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For the avoidance of doubt, this Agreement
will not treat (1) unsecured Indebtedness as subordinated or junior in right of payment to secured Indebtedness merely because
it is unsecured or (2) senior Indebtedness as subordinated or junior in right of payment to any other senior Indebtedness merely
because it has a junior priority with respect to the same collateral.

 

Section 6.02       
Liens. Create, incur, assume or permit to exist any Lien on any property or assets (including stock or other
securities of any person) of Parent or any Subsidiary now owned or hereafter acquired by it, except the following (collectively,
 “Permitted Liens”):

 

(a)              
Liens on property or assets of Parent and the Subsidiaries existing on the Closing Date and, to the extent securing
Indebtedness in an aggregate principal amount in excess of $50,000,000, set forth on Schedule 6.02(a), and any modifications,
replacements, renewals or extensions of Liens permitted by this clause (a); provided, that such Liens shall secure only
those obligations that they secure on the Closing Date (and any Permitted Refinancing Indebtedness in respect of such obligations
permitted by Section 6.01) and shall not subsequently apply to any other property or assets of Parent or any Subsidiary
other than (A) after-acquired property that is affixed or incorporated into the property covered by such Lien and (B) proceeds
and products thereof;

 

(b)              
any Lien created under the Loan Documents (including Liens created under the Security Documents securing obligations
in respect of Secured Hedge Agreements, Secured Cash Management Agreements, Secured Letters of Credit and Secured Progress Payment
Agreements);

 

(c)              
any Lien on any property or asset of Parent or any Subsidiary securing Indebtedness or Permitted Refinancing Indebtedness
permitted by Section 6.01(h); provided, that (i) such Lien is not created in contemplation of or in connection
with such acquisition or such person becoming a Subsidiary, as the case may be, and (ii) such Lien does not apply to any other
property or assets of Parent or any of the Subsidiaries not securing such Indebtedness at the date of the acquisition of such property
or asset and accessions and additions thereto and proceeds and products thereof (other than accessions thereto and proceeds thereof
so acquired or any after-acquired property of such person becoming a Subsidiary (but not of the Borrower or any other Loan Party,
including any Loan Party into which such acquired entity is merged) required to be subjected to such Lien pursuant to the terms
of such Indebtedness (and refinancings thereof));

 

(d)              
Liens for Taxes, assessments or other governmental charges, levies or claims not yet delinquent by more than sixty
(60) days or that are being contested in good faith in compliance with Section 5.03;

 

(e)               Liens
imposed by law, constituting landlord’s, carriers’, warehousemen’s, mechanics’, materialmen’s,
workmen’s, repairmen’s, supplier’s, construction or other like Liens, securing obligations that are not
overdue by more than 60 days or that are being contested in good faith by appropriate proceedings and in respect of which, if
applicable, Parent or any Subsidiary shall have set aside on its books reserves in accordance with GAAP;

 

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(f)               
(i) pledges and deposits and other Liens made in the ordinary course of business in compliance with the Federal Employers
Liability Act or any other workers’ compensation, unemployment insurance and other social security laws or regulations and
deposits securing liability to insurance carriers under insurance or self-insurance arrangements in respect of such obligations
and (ii) pledges and deposits and other Liens securing liability for reimbursement or indemnification obligations of (including
obligations in respect of letters of credit or bank guarantees for the benefit of) insurance carriers providing property, casualty
or liability insurance to Parent or any Subsidiary;

 

(g)              
pledges and deposits and other Liens to secure the performance of bids, trade contracts (other than for Indebtedness),
leases (other than Capitalized Lease Obligations), statutory obligations, surety and appeal bonds, performance and return of money
bonds, bids, leases, government contracts, trade contracts, agreements with utilities, and other obligations of a like nature (including
letters of credit in lieu of any such bonds or to support the issuance thereof), in each case to the extent such deposits and other
Liens are incurred in the ordinary course of business, including those incurred to secure health, safety and environmental obligations
in the ordinary course of business;

 

(h)              
zoning, land use and building restrictions, regulations and ordinances, easements, survey exceptions, minor encroachments
by and on the Real Property, railroad trackage rights, sidings and spur tracks, leases (other than Capitalized Lease Obligations),
subleases, licenses, special assessments, rights-of-way, covenants, conditions, restrictions and declarations on or with respect
to the use of Real Property, liens identified in an ALTA mortgagee title insurance policy received by the Collateral Agent related
to Real Property, reservations, restrictions and leases of or with respect to oil, gas, mineral, riparian and water rights and
water usage, servicing agreements, development agreements, site plan agreements and other similar encumbrances incurred in the
ordinary course of business and title defects or irregularities that, in the aggregate, do not interfere in any material respect
with the ordinary conduct of the business of Parent and its Subsidiaries, taken as a whole;

 

(i)                
Liens securing Indebtedness permitted by Section 6.01(i); provided, that such Liens do not apply
to any property or assets of Parent or any Subsidiary other than the property or assets acquired, leased (including in connection
with a sale leaseback transaction), constructed, replaced, repaired, improved with or financed by such Indebtedness (or the Indebtedness
Refinanced thereby), and accessions and additions thereto, proceeds and products thereof, customary security deposits and related
property; provided, further, that individual financings provided by one lender may be cross-collateralized to other
financings provided by such lender (and its Affiliates) (it being understood that with respect to any Liens on the Collateral being
incurred under this clause (i) to secure Permitted Refinancing Indebtedness, if Liens on the Collateral securing the Indebtedness
being Refinanced (if any) were Junior Liens, then any Liens on such Collateral being incurred under this clause (i) to secure Permitted
Refinancing Indebtedness shall also be Junior Liens);

 

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(j)                
 Liens in respect of: (i) obligations under Permitted Incentive Programs (excluding Qualifying IRB Financings) in
an aggregate principal amount not to exceed $125,000,000 at any one time outstanding; and (ii) Qualifying IRB Financings;

 

(k)              
Liens arising out of (i) judgments, decrees, orders or awards not constituting an Event of Default under Section 7.01(j)
or (ii) notices of lis pendens and associated rights related to litigation being contested in good faith by appropriate
proceedings and for which adequate reserves have been made to the extent required by GAAP;

 

(l)                
any interest or title of a ground lessor or any other lessor, sublessor or licensor under any ground leases or any
other leases, subleases or licenses entered into by Parent or any Subsidiary in the ordinary course of business, and all Liens
suffered or created by any such ground lessor or any other lessor, sublessor or licensor (or any predecessor in interest) with
respect to any such interest or title in the real property which is subject thereof;

 

(m)            
Liens that are contractual rights of set-off (i) relating to the establishment of depository relations with banks
and other financial institutions not given in connection with the issuance of Indebtedness, (ii) relating to pooled deposits, sweep
accounts, reserve accounts or similar accounts of Parent or any Subsidiary to permit satisfaction of overdraft or similar obligations
incurred in the ordinary course of business of Parent or any Subsidiary, including with respect to credit card charge-backs and
similar obligations, or (iii) relating to purchase orders and other agreements entered into with customers, suppliers or service
providers of Parent or any Subsidiary in the ordinary course of business;

 

(n)              
Liens (i) that are banker’s liens, rights of set-off or similar rights, (ii) attaching to commodity trading
accounts or other commodity brokerage accounts incurred in the ordinary course of business, (iii) encumbering reasonable customary
initial deposits and margin deposits and similar Liens attaching to commodity trading accounts or other brokerage accounts incurred
in the ordinary course of business and not for speculative purposes, (iv) in respect of Third-Party Funds or (v) in favor of credit
card companies pursuant to agreements therewith;

 

(o)              
Liens securing obligations in respect of letters of credit, bank guarantees, warehouse receipts, banker’s acceptances
or similar obligations permitted under Section 6.01(d), (g) or (o) and incurred in the ordinary course
of business or consistent with past practice or industry practices and not supporting obligations in respect of Indebtedness for
borrowed money;

 

(p)              
leases or subleases, and licenses or sublicenses (including with respect to any Real Property, fixtures, furnishings,
equipment, vehicles or other personal property, or Intellectual Property) and covenants not to sue of or under Intellectual Property
or software or other technology, granted to others in the ordinary course of business or otherwise not interfering in any material
respect with the business of Parent and its Subsidiaries, taken as a whole;

 

(q)              
pledges and deposits and other Liens in favor of customs and revenue authorities to secure payment of customs duties
in connection with the importation of goods;

 

(r)               
Liens solely on any cash earnest money deposits made by Parent or any of the Subsidiaries in connection with any
letter of intent or purchase agreement in respect of any Investment permitted hereunder;

 

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(s)               
 Liens with respect to property or assets of any Subsidiary that is not a Loan Party securing obligations of a Subsidiary
that is not a Loan Party which obligations are not prohibited under Section 6.01;

 

(t)                
Liens on any amounts held by a trustee or other escrow agent under any indenture or other debt agreement issued in
escrow pursuant to customary escrow arrangements pending the release thereof, or under any indenture or other debt agreement pursuant
to customary discharge, redemption or defeasance provisions and customary Liens granted in favor of a trustee to secure fees and
other amounts owing to such trustee under an indenture or other agreement pursuant to which Indebtedness not prohibited by this
Agreement is issued;

 

(u)              
Liens securing Indebtedness permitted under Section 6.01(j); provided that such Indebtedness shall
be subject to the Equal Priority Intercreditor Agreement;

 

(v)              
Liens securing the 2025 Notes and the 2026 Notes; provided that the 2025 Notes shall be subject to a Permitted
Junior Intercreditor Agreement and the 2026 Notes shall be subject to the Equal Priority Intercreditor Agreement;

 

(w)            
Liens arising from precautionary Uniform Commercial Code financing statements (or other similar filings in other
applicable jurisdictions) regarding operating leases or other obligations not constituting Indebtedness;

 

(x)              
Liens, encumbrances or restrictions (including, without limitation, put and call agreements) (i) on Equity Interests
in joint ventures (A) securing obligations of such joint venture or (B) pursuant to the relevant joint venture agreement or arrangement
and (ii) on Equity Interests in Unrestricted Subsidiaries;

 

(y)              
Liens on securities that are the subject of repurchase agreements constituting Permitted Investments under clause
(c) of the definition thereof;

 

(z)              
(i) Liens created in connection with any Qualified Securitization Transaction or Qualified Receivables Facility that,
in the good faith determination of Parent, are necessary or advisable to effect such Qualified Securitization Transaction or Qualified
Receivables Facility and (ii) Liens on Securitization Assets incurred in connection with a Qualified Securitization Transaction
and Liens on Receivables Assets incurred in connection with a Qualified Receivables Facility;

 

(aa)           
Liens securing insurance premiums financing arrangements;

 

(bb)          
(i) any condemnation or eminent domain proceedings affecting any Real Property and (ii) in the case of Real
Property in which a Loan Party has a leasehold interest or easement rights, any Lien, mortgage, security interest, restriction,
encumbrance or any other matter of record to which the fee simple interest (or any superior leasehold interest) is subject;

 

(cc)           
Liens securing Indebtedness or other obligation (i) of Parent or a Subsidiary in favor of the Borrower or any Guarantor
and (ii) of any Subsidiary that is not a Guarantor in favor of any Subsidiary that is not a Guarantor;

 

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(dd)          
 Liens securing obligations under Hedging Agreements, including Liens on any margin or collateral posted by Parent
or any Subsidiary under a Hedging Agreement as a result of any regulatory requirement, swap clearing organization, or other similar
regulations, rule, or requirement;

 

(ee)           
Liens on goods or inventory the purchase, shipment or storage price of which is financed by a documentary letter
of credit or bank guarantee issued or created for the account of Parent or any Subsidiary in the ordinary course of business; provided,
that such Lien secures only the obligations of Parent or such Subsidiaries in respect of such letter of credit, bank guarantee
or banker’s acceptance to the extent permitted under Section 6.01;

 

(ff)             
Subordination, non-disturbance and/or attornment agreements with any ground lessor, lessor or any mortgagor of any
of the foregoing, with respect to any ground lease or other lease or sublease entered into by Parent or any Subsidiary;

 

(gg)          
Liens on Collateral that are Other First Liens or Junior Liens, so long as such Other First Liens or Junior Liens
secure Indebtedness permitted by Section 6.01(b) or 6.01(v) and guarantees thereof permitted by Section 6.01(m);

 

(hh)          
Liens arising out of conditional sale, title retention, hire purchase, consignment or similar arrangements for the
sale or purchase of goods by Parent or any of the Subsidiaries in the ordinary course of business;

 

(ii)             
With respect to any property which is acquired after the Closing Date, Liens which exist immediately prior to the
date of acquisition, excluding any Liens securing Indebtedness which is not otherwise permitted hereunder; provided, that
(i) such Lien is not created in contemplation of or in connection with such acquisition and (ii) such Lien does not apply to any
other property or assets of Parent or any of its Subsidiaries;

 

(jj)             
Liens securing Indebtedness permitted by Section 6.01(aa), provided that such Liens do not at any time encumber
any Collateral unless approved by the Administrative Agent;

 

(kk)          
other Liens with respect to property or assets of Parent or any Subsidiary securing (x) obligations in an aggregate
outstanding principal amount that, together with the aggregate principal amount of other obligations that are secured pursuant
to this clause (kk), immediately after giving effect to the incurrence of such Liens, would not exceed the greater of $350,000,000
and 5.0% of Consolidated Total Assets when incurred, created or assumed and (y) Permitted Refinancing Indebtedness incurred to
Refinance obligations secured pursuant to the preceding clause (x);

 

(ll)             
Liens to secure any Permitted Refinancing Indebtedness incurred in accordance with the definition thereof;

 

(mm)         
Liens securing Indebtedness permitted under Section 6.01(u);

 

(nn)           
Liens on assets pursuant to merger agreements, stock or asset purchase agreements and similar agreements in respect
of the disposition of such assets otherwise permitted under this Agreement for so long as such agreements are in effect;

 

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(oo)          
 Liens that may arise on inventory or equipment in the ordinary course of business as a result of such inventory
or equipment being located on premises owned by persons (including, without limitation, any client or supplier) other than Parent
or its Subsidiaries;

 

(pp)          
Liens on Equity Interests or other securities or assets of any Unrestricted Subsidiary that secure Indebtedness of
such Unrestricted Subsidiary;

 

(qq)          
in the case of Liens on any Collateral, Junior Liens;

 

(rr)             
Liens in favor of governmental entities or other special purpose entities established by governmental entities (including
without limitation for industrial revenue bonds, new market tax credits, pollution control bonds or any other issuance of tax-exempt
governmental obligations);

 

(ss)            
Liens securing Indebtedness incurred pursuant to a program or facility sponsored or guaranteed by any governmental
authority for the purposes (in the good faith determination of the Borrower) of providing liquidity or other financial relief in
connection with the COVID-19 pandemic and any potential effects and consequences related thereto;

 

(tt)             
Liens arising out of, or incurred with respect to, obligations assumed in connection with the Impending Acquisition
in an aggregate amount not to exceed $400 million;

 

(uu)          
Liens on fixtures or personal property held by, or granted to, landlords pursuant to leases; and

 

(vv)          
Liens representing the right of commercial or government (including defense) customers to acquire certain property
from the Borrower or any of its Subsidiaries, and set-off rights under commercial or defense customer agreements with the
Borrower entered into in the ordinary course of business.

 

For purposes of determining compliance with
this Section 6.02, (A) a Lien securing an item of Indebtedness need not be permitted solely by reference to one category
of permitted Liens (or any portion thereof) described in Section 6.02(a) through (vv) but may be permitted in
part under any combination thereof and (B) in the event that a Lien securing any obligation (or any portion thereof) meets the
criteria of one or more of the categories of permitted Liens (or any portion thereof) described in Section 6.02(a)
through (vv), the Borrower may, in its sole discretion, classify or divide such Lien securing such obligation (or any portion
thereof) in any manner that complies with this Section 6.02 and will be entitled to only include the amount and type
of such Lien or such obligation secured by such Lien (or any portion thereof) in one of the above clauses and such Lien securing
such obligation (or portion thereof) will be treated as being incurred or existing pursuant to only such clause or clauses (or
any portion thereof); provided, that all Liens securing Indebtedness under this Agreement shall at all times be deemed to
have been incurred pursuant to clause (b) of this Section 6.02. Notwithstanding anything to the contrary in the foregoing,
no indebtedness for borrowed money shall be secured by Liens on leasehold interests in Real Property having a fair market value
(as reasonably determined by the Borrower) in excess of $10 million unless such leasehold interests are added as part of the Collateral.

 

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Section 6.03       
[Reserved].

 

Section 6.04       
Investments, Loans and Advances. (i) Purchase or acquire (including pursuant to any merger with a person that
is not a Wholly Owned Subsidiary immediately prior to such merger) any Equity Interests, evidences of Indebtedness or other securities
of any other person, (ii) make any loans or advances to or Guarantees of the Indebtedness of any other person, or (iii) purchase
or otherwise acquire, in one transaction or a series of related transactions, (x) all or substantially all of the property and
assets or business of another person or (y) assets constituting a business unit, line of business or division of such person (each
of the foregoing, an “Investment”), except:

 

(a)              
Guarantees permitted by Section 6.01;

 

(b)           (i)
               Investments by any Loan Party in any Loan Party;

 

(ii)             
Investments by any Subsidiary that is not a Loan Party in any Loan Party or any Subsidiary that is not a Loan Party;

 

(iii)           
other intercompany liabilities amongst Parent and its Subsidiaries (or solely amongst its Subsidiaries) in the ordinary
course of business in connection with the cash management operations of Parent and its Subsidiaries; and

 

(iv)            
(A) Investments by the Borrower or any Guarantor in any Subsidiary that is not a Loan Party (together with the aggregate
amount of investments made pursuant to clause (iv) of the definition of “Permitted Acquisition”) in an aggregate outstanding
amount not to exceed the Non-Loan Party Investment Cap, (B) Investments made in connection with the Impending Acquisition (including
(i) Investments in connection with any reorganization transactions prior to or following an Impending Acquisition to facilitate
the consummation of such Impending Acquisition or the integration of the target of such Impending Acquisition and (ii) contributions
to Short Brothers plc from time to time to finance its payment of levy obligations under the BEIS Agreement) and (C) Indebtedness
permitted under Section 6.01(e);

 

(c)              
Permitted Investments and Investments that were Permitted Investments when made;

 

(d)              
Investments arising out of the receipt by Parent or any Subsidiary of non-cash consideration for the Disposition
of assets permitted under Section 6.05;

 

(e)              
loans and advances to officers, directors, employees or consultants (i) in the ordinary course of business in an
aggregate principal amount not to exceed $10,000,000 at any one time outstanding, (ii) in respect of payroll payments and expenses
in the ordinary course of business and (iii) in connection with such person’s purchase of Equity Interests of Parent;

 

(f)                accounts
receivable, security deposits and prepayments arising and trade credit granted in the ordinary course of business and any
assets or securities received in satisfaction or partial satisfaction thereof from financially troubled account debtors to
the extent reasonably necessary in order to prevent or limit loss and any prepayments and other credits to suppliers made in
the ordinary course of business;

 

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(g)              
Hedging Agreements entered into for non-speculative purposes;

 

(h)              
(i) Investments by Parent or any Subsidiary in a Subsidiary that are in existence as of the Closing Date and (ii)
Investments existing or committed, or anticipated to exist in the future, as of the Closing Date, and, with respect to all such
Investments under this clause (h)(ii) in an aggregate amount in excess of $50,000,000, set forth on Schedule 6.04),
and any extensions, modifications, renewals, replacements, refundings, refinancings or reinvestments of Investments permitted by
this clause (h), so long as the aggregate amount of all Investments pursuant to this clause (h) is not increased at any time
above the amount of such Investment existing or committed on the Closing Date (other than pursuant to an increase as required by
the terms of any such Investment as in existence on the Closing Date or as otherwise permitted by this Section 6.04);

 

(i)                
Investments resulting from pledges and deposits under Section 6.02(f), (g), (n), (q),
(r), (dd) and (ii);

 

(j)                
other Investments by Parent or any Subsidiary in an aggregate outstanding amount (valued at the time of the making
thereof, and without giving effect to any write-downs or write-offs thereof) not to exceed the sum of (X) the greater of $350,000,000
and 5.0% of Consolidated Total Assets when made, plus (Y) so long as, at the time any such Investment is made and immediately
after giving effect thereto, (a) no Default or Event of Default shall have occurred and be continuing and (b) the Total Net Leverage
Ratio on a Pro Forma Basis is not greater than 5.00 to 1.00, any portion of the Available Amount that the Borrower elects to apply
to this Section 6.04(j)(Y), plus (Z) an amount equal to any returns (including dividends, interest, distributions,
returns of principal, profits on sale, repayments, income and similar amounts) actually received in respect of any such Investment
(excluding any returns in excess of the amount originally invested) pursuant to clause (X); provided, that if any Investment
pursuant to this Section 6.04(j) is made in any person that was not a Subsidiary on the date on which such Investment
was made but becomes a Subsidiary thereafter, then such Investment may, at the option of Parent, upon such person becoming a Subsidiary
and so long as such person remains a Subsidiary, be deemed to have been made pursuant to Section 6.04(b) (to the extent
permitted by the provisions thereof) and not in reliance on this Section 6.04(j);

 

(k)              
Investments constituting Permitted Acquisitions (including the Impending Acquisition);

 

(l)                
Investments received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts
and disputes with or judgments against, customers and suppliers, in each case in the ordinary course of business or Investments
acquired by Parent or a Subsidiary as a result of a foreclosure by Parent or any of the Subsidiaries with respect to any secured
Investments or other transfer of title with respect to any secured Investment in default;

 

(m)             Investments
of a Subsidiary acquired after the Closing Date or of a person merged into Parent or merged into or consolidated with a
Subsidiary after the Closing Date, in each case, (i) to the extent such acquisition, merger, amalgamation or
consolidation is permitted under this Section 6.04, (ii) in the case of any acquisition, merger,
amalgamation or consolidation, in accordance with Section 6.05 and (iii) to the extent that such Investments
were not made in contemplation of or in connection with such acquisition, merger, amalgamation or consolidation and were in
existence on the date of such acquisition, merger, amalgamation or consolidation;

 

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(n)              
acquisitions by Parent or any Subsidiary of obligations of one or more officers or other employees of Parent or its
Subsidiaries in connection with such officer’s or employee’s acquisition of Equity Interests of Parent, so long as
no cash is actually advanced by Parent or any of the Subsidiaries to such officers or employees in connection with the acquisition
of any such obligations;

 

(o)              
Guarantees by Parent or any Subsidiary of operating leases (other than Capitalized Lease Obligations) or of other
obligations that do not constitute Indebtedness of the kind described in clauses (b), (e), (f), (g), (h), (i), (j) or (k) of the
definition thereof, in each case entered into by Parent or any Subsidiary in the ordinary course of business;

 

(p)              
Investments to the extent that payment for such Investments is made with any contribution to the common equity of
Parent or any Subsidiary, or with or out of the proceeds of Qualified Equity Interests of Parent (provided, that such contributions
and/or the issuance of such Equity Interests are not included in any determination of the Available Amount);

 

(q)              
Investments in the ordinary course of business or consistent with past practice consisting of Uniform Commercial
Code Article 3 endorsements for collection or deposit and Uniform Commercial Code Article 4 customary trade arrangements
with customers;

 

(r)               
loans and advances to future, present or former officers, directors, employees, members of management or consultants
or their respective estates, spouses or former spouses in connection with such person’s purchase or redemption of Equity
Interests of Parent, to the extent not prohibited by Section 6.06;

 

(s)               
advances in the form of deposits, prepayment of expenses and other credits made in the ordinary course of business;

 

(t)                
Investments by Parent and the Subsidiaries, if Parent or any Subsidiary would otherwise be permitted to make a Restricted
Payment under Section 6.06(g) in such amount (provided, that the amount of any such Investment shall also be
deemed to be a Restricted Payment under Section 6.06(g) for all purposes of this Agreement);

 

(u)               (i)
Investments by Parent, the Borrower or any of their Subsidiaries in any Qualified Receivables Facility or any Securitization
Entity or any Investments by a Securitization Entity in any other person in connection with a Qualified Securitization
Transaction, including Investments of funds held in accounts permitted or required by the arrangements governing such
Qualified Securitization Transaction or any related Indebtedness or (ii) distributions or payments of Securitization
Fees and purchases of Securitization Assets or Receivables Assets pursuant to a Securitization Repurchase Obligation in
connection with a Qualified Securitization Transaction or a Qualified Receivables Facility; provided, however,
that such Investment is solely in the form of a Purchase Money Note, equity interests or contribution of additional accounts
receivable generated by Parent, the Borrower or any of their Subsidiaries;

 

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(v)              
Investments consisting of the licensing, sublicensing or contribution of Intellectual Property pursuant to joint
marketing or other similar arrangements with other persons;

 

(w)            
to the extent constituting Investments, purchases and acquisitions of inventory, supplies, materials and equipment
or purchases of contract rights or licenses or leases of Intellectual Property, in each case in the ordinary course of business;

 

(x)              
Investments by Parent or any Subsidiary in joint ventures, Permitted Businesses and Unrestricted Subsidiaries in
an aggregate outstanding amount not to exceed the greater of $350,000,000 and 5.0% of Consolidated Total Assets when made;

 

(y)              
any Investment in fixed income or other assets by any Subsidiary that is a so-called “captive” insurance
company (each, an “Insurance Subsidiary”) consistent with customary practices of portfolio management;

 

(z)              
Investments made in connection with the Transactions;

 

(aa)           
additional Investments, so long as, at the time any such Investment is made and immediately after giving effect thereto,
(x) no Event of Default under Section 7.01(b), (c), (h) or (i) shall have occurred and be continuing
and (y) the Total Net Leverage Ratio on a Pro Forma Basis is not greater than 4.50 to 1.00;

 

(bb)          
Investments in any Permitted Bond Hedge Transaction;

 

(cc)           
to the extent constituting an Investment, repurchases of the First Lien Notes, the 2026 Notes, the 2025 Notes, the
Senior Notes and other Indebtedness that is not subordinated to the Loan Obligations and otherwise permitted hereunder;

 

(dd)          
guaranties, keepwells and similar arrangements made in the ordinary course of business of obligations owed to landlords,
suppliers, customers, franchisees and licensees of Parent or any Subsidiary and performance guarantees with respect to obligations
that are permitted by this Agreement;

 

(ee)           
Investments consisting of earnest money deposits required in connection with a purchase agreement, or letter of intent,
or other acquisitions to the extent not otherwise prohibited by this Agreement;

 

(ff)             
contributions to a “rabbi” trust for the benefit of employees or other grantor trusts subject to claims
of creditors in the case of bankruptcy of Parent;

 

(gg)          
Investments in respect of obligations under Permitted Incentive Programs;

 

(hh)          
Investments made in connection with the North Hangar Lease; and

 

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(ii)             
 Investments in either China JV in an aggregate amount not to exceed the aggregate amount received by Spirit AeroSystems
International Holdings, Inc. from such China JV.

 

For purposes of determining compliance with
this Section 6.04, (A) an Investment need not be permitted solely by reference to one category of permitted Investments
(or any portion thereof) described in Section 6.04(a) through (ii) but may be permitted in part under any relevant
combination thereof and (B) in the event that an Investment (or any portion thereof) meets the criteria of one or more of the categories
of permitted Investments (or any portion thereof) described in Sections 6.04(a) through (ii), the Borrower may,
in its sole discretion, classify or divide such Investment (or any portion thereof) in any manner that complies with this Section 6.04
and will be entitled to only include the amount and type of such Investment (or any portion thereof) in one or more (as relevant)
of the above clauses (or any portion thereof) and such Investment (or any portion thereof) shall be treated as having been made
or existing pursuant to only such clause or clauses (or any portion thereof).

 

Any Investment in any person other than
a Loan Party that is otherwise permitted by this Section 6.04 may be made through intermediate Investments in Subsidiaries
that are not Loan Parties and such intermediate Investments shall be disregarded for purposes of determining the outstanding amount
of Investments pursuant to any clause set forth above. The amount of any Investment made other than in the form of cash or Permitted
Investments shall be the Fair Market Value thereof valued at the time of the making thereof, and without giving effect to any subsequent
write-downs or write-offs thereof.

 

Section 6.05       
Mergers, Consolidations, Sales of Assets and Acquisitions. Merge into, amalgamate with or consolidate with
any other person, or permit any other person to merge into, amalgamate with or consolidate with it, or Dispose of (in one transaction
or in a series of related transactions) all or any part of its assets (whether now owned or hereafter acquired), or Dispose of
any Equity Interests of any Subsidiary, or purchase, lease or otherwise acquire (in one transaction or a series of related transactions)
all or substantially all of the assets of any other person or division or line of business of a person (including, in each case,
pursuant to a Division), except that this Section 6.05 shall not prohibit:

 

(a)           
(i)            the purchase and Disposition by Parent or any Subsidiary of inventory, products, equipment, services
or accounts receivable in the ordinary course of business or consistent with past practice,

 

(ii)             
the disposition of a business not comprising the disposition of an entire line of business,

 

(iii)            
the acquisition or lease (pursuant to an operating lease) of any other asset in the ordinary course of business by
Parent or any Subsidiary or, with respect to operating leases, otherwise for Fair Market Value on market terms (as determined in
good faith by the Borrower),

 

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(iv)            
 the Disposition by Parent or any Subsidiary of surplus, obsolete, damaged or worn out equipment or other property
in the ordinary course of business or consistent with past practice,

 

(v)              
the Disposition of Permitted Investments in the ordinary course of business, or

 

(vi)            
sales of non-core personal property acquired in connection with an acquisition permitted hereunder and sales of real
property acquired in an acquisition permitted hereunder, which, within ninety (90) days of the date of the acquisition, are designated
in writing to the Administrative Agent as being held for sale and not for the continued operation of Parent or any of its Subsidiaries
or any of their respective businesses;

 

(b)              
if at the time thereof and immediately after giving effect thereto no Event of Default shall have occurred and be
continuing or would result therefrom,

 

(i)                
the merger, amalgamation or consolidation of any Subsidiary with or into Parent or the Borrower in a transaction
in which Parent or the Borrower is the survivor,

 

(ii)             
the merger, amalgamation or consolidation of any Subsidiary with or into any Guarantor in a transaction in which
the surviving or resulting entity is or becomes a Guarantor,

 

and, in the case of each of clauses (i)
and (ii) above, no person other than the Borrower or a Guarantor receives any consideration (unless otherwise permitted by Section 6.04),

 

(iii)           
the merger, amalgamation or consolidation of any Subsidiary that is not a Guarantor with or into any other Subsidiary
that is not a Guarantor,

 

(iv)            
the liquidation or dissolution or change in form of entity of any Subsidiary (other than the Borrower) if (x) the
Borrower or Parent determines in good faith that such liquidation, dissolution or change in form is in the best interests of Parent
and its Subsidiaries and is not materially disadvantageous to the Lenders and (y) the same meets the requirements contained in
the proviso to Section 5.01(a),

 

(v)              
the merger, amalgamation or consolidation of any Subsidiary with any other person in order to effect an Investment
permitted pursuant to Section 6.04 so long as the continuing or surviving person shall be a Subsidiary (unless otherwise
permitted by Section 6.04 (other than Section 6.04(m)(ii))), which shall be a Loan Party if the merging,
amalgamating or consolidating Subsidiary was a Loan Party and which together with each of its Subsidiaries shall have complied
with any applicable requirements of Section 5.10, or (vi) any Subsidiary may merge, amalgamate or consolidate with
any other person in order to effect an Asset Sale otherwise permitted pursuant to this Section 6.05;

 

(c)               Dispositions
to Parent, the Borrower or a Subsidiary; provided, that any Dispositions by a Loan Party to a Subsidiary that is not a
Loan Party in reliance on this clause (c) shall be for Fair Market Value (as determined in good faith by the Borrower) or
made in compliance with Section 6.04;

 

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(d)              
licenses, sublicenses, or covenants not to sue by Parent or any Subsidiary of or under Intellectual Property or software
or other technology;

 

(e)              
Investments permitted by Section 6.04 (other than Section 6.04(m)(ii)), Permitted Liens,
and Restricted Payments permitted by Section 6.06;

 

(f)               
the discount, forgiveness or sale, in each case without recourse and in the ordinary course of business, of past
due receivables arising in the ordinary course of business, but only in connection with the compromise or collection thereof consistent
with customary industry practice (and not as part of any bulk sale or financing of receivables);

 

(g)              
other Dispositions of assets (including in connection with sale leaseback transactions); provided, that (i)
the Net Proceeds thereof, if any, are applied in accordance with Section 2.11(b) to the extent required thereby and
(ii) any such Dispositions shall comply with the final sentence of this Section 6.05;

 

(h)              
Permitted Acquisitions (including any merger, consolidation or amalgamation in order to effect a Permitted Acquisition);
provided, that following any such merger, consolidation or amalgamation involving the Borrower, the Borrower is the surviving
entity or the requirements of Section 6.05(n) are otherwise complied with;

 

(i)                
leases, licenses or subleases or sublicenses of any real or personal property in the ordinary course of business;

 

(j)                
Dispositions of inventory or Dispositions or abandonment of Intellectual Property of Parent and its Subsidiaries
determined in good faith by the management of the Borrower to be no longer economically practicable or commercially reasonable
to maintain or useful or necessary in the operation of the business of Parent or any of the Subsidiaries;

 

(k)              
Dispositions pursuant to any individual transaction or series of related transactions involving assets with a Fair
Market Value of less than $25,000,000;

 

(l)                
the purchase and Disposition (including by capital contribution) of Securitization Assets and Permitted Receivables
Facility Assets, or participations therein, including pursuant to Qualified Securitization Transactions or Qualified Receivables
Facilities;

 

(m)            
any exchange or swap of assets (other than cash and Permitted Investments) for other assets (other than cash and
Permitted Investments) of comparable or greater value or usefulness to the business of Parent and the Subsidiaries as a whole,
determined in good faith by the management of the Borrower;

 

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(n)               if
at the time thereof and immediately after giving effect thereto no Event of Default shall have occurred and be continuing or
would result therefrom, any Subsidiary or any other person may be merged, amalgamated or consolidated with or into the
Borrower, provided that (A) the Borrower shall be the surviving entity or (B) if the surviving entity is not the
Borrower (such other person, the “Successor Borrower”), (1) the Successor Borrower shall be an entity
organized or existing under the laws of the United States, any state thereof or the District of Columbia, (2) the Successor
Borrower shall expressly assume all the obligations of the Borrower under this Agreement and the other Loan Documents
pursuant to a supplement hereto or thereto and, in the case of any Security Document, by executing and/or delivering any
additional required documents, in each case in a form reasonably satisfactory to the Administrative Agent, (3) each
Guarantor, unless it is the other party to such merger, amalgamation or consolidation, shall have by a supplement to the
Guarantee Agreement, as applicable, confirmed that its guarantee thereunder shall apply to any Successor Borrower’s
obligations under this Agreement, (4) each Guarantor, unless it is the other party to such merger, amalgamation or
consolidation, shall have by a supplement to any applicable Security Document affirmed that its obligations thereunder shall
apply to its guarantee as reaffirmed pursuant to clause (3), (5) [reserved], (6) the Successor Borrower shall have delivered
to the Administrative Agent (x) a certificate of a Responsible Officer stating that such merger, amalgamation or
consolidation does not violate this Agreement or any other Loan Document and (y) if requested by the Administrative Agent, an
opinion of counsel covering such other matters as are contemplated by the Collateral and Guarantee Requirement to be covered
in opinions of counsel and (7) to the extent requested by the Administrative Agent or a Lender (as requested through the
Administrative Agent), the Administrative Agent and any such Lender shall have received at least three (3) Business Days
prior to the consummation of such merger, amalgamation or consolidation all documentation and other information required with
respect to the Successor Borrower by regulatory authorities under applicable “know your customer” and anti-money
laundering rules and regulations, including, without limitation, the USA PATRIOT Act and the Beneficial Ownership Regulation
(it being understood that if the foregoing are satisfied, the Successor Borrower will succeed to, and be substituted for, the
Borrower under this Agreement);

 

(o)              
any conversion of a Loan Party from a corporation to a limited liability company, or from a limited liability company
to a corporation, or other change in corporate formation;

 

(p)              
any surrender, termination or waiver of contract rights or settlement, release, waiver of, recovery on or surrender
of contract, tort or other claims of any kind;

 

(q)              
any solvent liquidation or dissolution of a Subsidiary of Parent, provided that such Subsidiary’s direct parent
is also either Parent or a Subsidiary and immediately becomes the owner of such Subsidiary’s assets;

 

(r)               
any financing transaction with respect to property built, acquired, replaced, repaired or improved (including any
reconstruction, refurbishment, renovation and/or development of real property) by Parent or any of its Subsidiaries after the Closing
Date, including, sale leaseback transactions and Securitization Transactions permitted by this Agreement;

 

(s)               
any issuance, sale, pledge or other disposition of Equity Interests in, or Indebtedness or other securities of, an
Unrestricted Subsidiary;

 

(t)                 the
sale, transfer, termination or other disposition in connection with Hedging Agreements incurred in compliance with this
Agreement or the partial or total unwinding of obligations in respect of any Cash Management Agreements or Hedging Agreements
in compliance with this Agreement;

 

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(u)              
sales of assets received by Parent or any Subsidiary upon the foreclosure on a Lien;

 

(v)              
dispositions arising from foreclosures, condemnations, eminent domain, seizure, nationalization or any similar action
with respect to assets, and dispositions of property subject to casualty events (including, without limitation, resulting from
any involuntary loss or damage to or destruction of any property or assets of Parent or any Subsidiary);

 

(w)            
the termination of leases and subleases in the ordinary course of business;

 

(x)              
to the extent allowable under Section 1031 of the Code, any exchange of like property (excluding any boot thereon)
for use in a Permitted Business;

 

(y)              
dispositions of assets or Investments (including Equity Interests) in connection with the establishment or operation
of joint ventures to the extent required by, or made pursuant to (including customary buy/sell arrangements or rights of first
refusal between the joint venture parties set forth in) joint venture arrangements and similar binding arrangements;

 

(z)              
any exchange of assets for other assets used in the business of Parent or any Subsidiary (including a combination
of such assets and a de minimis amount of cash or Permitted Investments) of comparable or greater market value than the
assets exchanged, as determined in good faith by Parent, which exchange occurs within 90 days of the transfer of such assets;

 

(aa)           
any sale leaseback transaction of any property acquired or built after the Closing Date; provided that such sale
is for at least Fair Market Value;

 

(bb)          
the surrender or waiver of obligations of trade creditors or customers or other contract rights that were incurred
in the ordinary course of business of Parent or any of Subsidiary, including pursuant to any plan of reorganization or similar
arrangement upon the bankruptcy or insolvency of any trade creditor or customer or compromise, settlement, release or surrender
of a contract, tort or other litigation claim, arbitration or other disputes;

 

(cc)           
dispositions of property to the extent that (i) such property is exchanged for credit against the purchase price
of similar replacement property that is purchased within 90 days of such disposition or (ii) the proceeds of such disposition are
applied within 90 days of such disposition to the purchase price of such replacement property (which replacement property is purchased
within 90 days of such disposition);

 

(dd)           sales
of property in connection with factoring agreements or arrangements in the ordinary course of business, including to: (i)
Citibank, N.A. under that certain Supplier Agreement, dated as of October 1, 2017, by and among the Borrower and Citibank,
N.A. (as amended, restated, amended and restated, supplemented, and/or otherwise modified from time to time); and (ii) Taulia
Inc. under the Taulia Business Exchange Hosted Service Terms and Conditions by and between Spirit AeroSystems (Europe)
Limited and Taulia Inc. (as amended, restated, amended and restated, supplemented, and/or otherwise modified in writing from
time to time);

 

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(ee)           
sales, transfers and/or other dispositions of property by one or more Loan Parties in connection with the incurrence
of any Qualifying IRB Financing or other Permitted Incentive Program; and

 

(ff)             
sales, transfers or other dispositions to customers pursuant to customer contracts.

 

Notwithstanding anything to the contrary
contained in Section 6.05 above, no Disposition of assets under Section 6.05(g) shall in each case be permitted
unless (i) such Disposition is for Fair Market Value, and (ii) at least 75% of the proceeds of such Disposition (except to Loan
Parties) consist of cash or Permitted Investments; provided, further, that for purposes of this clause (ii),
each of the following shall be deemed to be cash: (a) the amount of any liabilities (as shown on Parent’s or such Subsidiary’s
most recent balance sheet or in the notes thereto) that are assumed by the transferee of any such assets or are otherwise cancelled
in connection with such transaction, (b) any notes or other obligations or other securities or assets received by Parent or such
Subsidiary from the transferee that are converted by Parent or such Subsidiary into cash or Permitted Investments within 180 days
after receipt thereof (to the extent of the cash or Permitted Investments received) and (c) any Designated Non-Cash Consideration
received by Parent or any of its Subsidiaries in such Disposition or any series of related Dispositions, having an aggregate Fair
Market Value not to exceed, in the aggregate, the greater of $215,000,000 and 3.0% of Consolidated Total Assets when received (with
the Fair Market Value of each item of Designated Non-Cash Consideration being measured at the time received and without giving
effect to subsequent changes in value).

 

Section 6.06       
Restricted Payments. (i) Declare or pay any dividend or make any other distribution (by reduction of capital
or otherwise), whether in cash, property, securities or a combination thereof, with respect to any of its Equity Interests (other
than dividends and distributions on Equity Interests payable solely by the issuance of Qualified Equity Interests of the person
declaring, paying or making such dividends or distributions, provided, that such proceeds are not included in any determination
of the Available Amount), (ii) directly or indirectly redeem, purchase, retire or otherwise acquire for value (or permit any Subsidiary
to purchase or acquire) any of Parent’s Equity Interests or set aside any amount for any such purpose (other than through
the issuance of Qualified Equity Interests) or (iii) make any Junior Debt Restricted Payment, (all of the foregoing, “Restricted
Payments”); provided, however, that:

 

(a)              
Restricted Payments may be made by any Subsidiary (provided, that Restricted Payments made by a non-Wholly
Owned Subsidiary must be made on a pro rata basis (or more favorable basis from the perspective of Parent or the Subsidiary
which is the parent of such Subsidiary) based on its ownership interests in such non-Wholly Owned Subsidiary);

 

(b)               Restricted
Payments may be made to purchase, retire or redeem the Equity Interests of Parent or any Subsidiary (including related stock
appreciation rights or similar securities) held by any future, present or former directors, consultants, officers or
employees of Parent or any of the Subsidiaries (or such person’s estates or heirs) or by any Plan, management equity
plan, stock option plan or any shareholders’ agreement or other management or employee benefit plan or similar
agreement or arrangement then in effect upon such person’s death, disability, retirement or termination of employment
or under the terms of any such Plan, agreement or arrangement or any other agreement under which such shares of stock or
related rights were issued; provided, that the aggregate amount of such purchases or redemptions under this clause (b)
shall not exceed in any calendar year $10,000,000 (with unused amounts in any period permitted to be carried over to
succeeding periods until used in full; provided, that the total amount of such purchases or redemptions under this
clause (b) in any calendar year shall not exceed $20,000,000), plus (x) the amount of net proceeds contributed to
Parent that were received by Parent from sales of Qualified Equity Interests of Parent to directors, consultants, officers or
employees of Parent or any Subsidiary that occur after the Closing Date; provided, that such proceeds are not included
in any determination of the Available Amount and (y) the amount of proceeds of any key-man life insurance policies received
after the Closing Date, (provided, that Parent may elect to apply all or any portion of the aggregate increase
contemplated by clauses (x) and (y) in any calendar year); and provided, further, that cancellation of
Indebtedness owing to Parent or any Subsidiary from any future, present or former employee, director or consultant of Parent
or any Subsidiary in connection with a repurchase of Equity Interests of Parent or any Subsidiary will not be deemed to
constitute a Restricted Payment for purposes of this Section 6.06;

 

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(c)              
any person may (i) make non-cash repurchases of Equity Interests deemed to occur upon exercise or settlement of stock
options or other Equity Interests if such Equity Interests represent a portion of the exercise price of or withholding obligation
with respect to such options or other Equity Interests or (ii) withhold or cancel a portion of Equity Interests issued upon
any such exercise to cover any withholding tax obligations in respect of such issuance;

 

(d)              
so long as, at the time any such Restricted Payment is made and immediately after giving effect thereto (x) no Default
or Event of Default shall have occurred and is continuing and (y) the Total Net Leverage Ratio on a Pro Forma Basis is not greater
than 5.00 to 1.00, Restricted Payments may be made in an aggregate amount equal to a portion of the Available Amount that the Borrower
elects to apply to this Section 6.06(d);

 

(e)              
Restricted Payments made in connection with the Transactions;

 

(f)               
Restricted Payments may be made to make payments, in cash, in lieu of the issuance of fractional shares, or upon
the purchase, redemption or acquisition of fractional shares, including in connection with (i) the exercise of options or
warrants, (ii) the conversion or exchange of Equity Interests or Indebtedness convertible into, or exchangeable for, Equity
Interests or (iii) stock dividends, splits or combinations or business combinations;

 

(g)              
other Restricted Payments may be made in an aggregate amount not to exceed the greater of $70,000,000 and 1.0% of
Consolidated Total Assets when made;

 

(h)              
additional Restricted Payments may be made, so long as, at the time any such Restricted Payment is made and immediately
after giving effect thereto, (x) no Default or Event of Default shall have occurred and is continuing and (y) the Total Net Leverage
Ratio on a Pro Forma Basis is not greater than 4.00 to 1.00;

 

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(i)                
 Junior Debt Restricted Payments may be made, so long as, at the time any such Restricted Payment is made and immediately
after giving effect thereto, (x) no Default or Event of Default shall have occurred and is continuing and (y) the Total Net Leverage
Ratio on a Pro Forma Basis is not greater than 4.00 to 1.00;

 

(j)                
Parent may pay dividends on, or repurchase or redeem, its Equity Interests in an aggregate amount not to exceed $75,000,000
in any calendar year;

 

(k)              
Parent, the Borrower or any Subsidiary thereof may (i) pay any premium or other amount in respect of, and otherwise
perform its obligations under, any Permitted Bond Hedge Transaction and (ii) make any Restricted Payments and/or payments or deliveries
required by the terms of, and otherwise perform its obligations under, any Permitted Bond Hedge Transaction (including making payments
and/or deliveries due upon exercise and settlement or termination thereof);

 

(l)                
Parent and any Subsidiary may declare and pay regularly scheduled or accrued dividends to holders of a class or series
of Disqualified Stock of Parent or any of its Subsidiaries issued not in violation of Section 6.01;

 

(m)            
any person may make (i) purchases of receivables pursuant to a Securitization Repurchase Obligation in connection
with a Qualified Securitization Transaction and distributions or payments of Securitization Fees and (ii) purchases of Receivables
Assets in connection with a Qualified Receivables Facility and distributions or payments of other payments associated therewith;
and

 

(n)              
Parent may declare and pay cash dividends that have been approved by the Board of Directors of Parent to the holders
of its Equity Interests in an aggregate amount in any fiscal quarter not to exceed one (1) cent ($0.01) per share of common stock
outstanding.

 

Notwithstanding anything herein to the contrary,
the foregoing provisions of this Section 6.06 will not prohibit the payment of any Restricted Payment or the consummation
of any redemption, purchase, retirement defeasance or other payment within 90 days after the date of declaration thereof or the
giving of notice, as applicable, if at the date of declaration or the giving of such notice such payment would have complied with
the provisions of this Section 6.06 (it being understood that such Restricted Payment shall be deemed to have been
made on the date of declaration or notice for purposes of such provision).

 

Section 6.07       
Transactions with Affiliates.

 

(a)              
Sell or transfer any property or assets to, or purchase or acquire any property or assets from, or otherwise engage
in any other transaction with, any of its Affiliates (other than Parent, and the Subsidiaries or any person that becomes a Subsidiary
as a result of such transaction) in a transaction (or series of related transactions) involving aggregate consideration in excess
of $35,000,000 unless the terms of such transaction are substantially no less favorable to Parent or such Subsidiary, as applicable,
than would be obtained in a comparable arm’s-length transaction with a person that is not an Affiliate, as determined, in
the case of any transaction (or series of related transactions) involving aggregate consideration in excess of $75,000,000, by
the Board of Directors of Parent or such Subsidiary in good faith.

 

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(b)              
 The foregoing clause (a) shall not prohibit, to the extent otherwise permitted under this Agreement,

 

(i)                
any issuance of securities, or other payments, awards or grants in cash, securities or otherwise pursuant to, or
the funding of, employment arrangements, equity purchase agreements, stock options and stock ownership plans or similar employee
benefit plans approved by the Board of Directors of Parent or any Subsidiary, as appropriate,

 

(ii)             
transactions with a person (other than an Unrestricted Subsidiary) that is an Affiliate of Parent solely because
Parent owns, directly or through a Subsidiary, an Equity Interest in, or controls, such person,

 

(iii)           
transactions among Parent or any Subsidiary or any entity that becomes a Subsidiary as a result of such transaction
(including via merger, consolidation or amalgamation in which Parent or a Subsidiary is the surviving entity),

 

(iv)            
the payment of fees, reasonable out-of-pocket costs and indemnities to directors, officers, consultants and employees
of Parent and the Subsidiaries in the ordinary course of business,

 

(v)              
(A) the Transactions (including the payment of all fees, expenses, bonuses and awards relating thereto) and (B) permitted
transactions, agreements and arrangements in existence on the Closing Date and set forth on Schedule 6.07, and, in
each case, any amendment thereto or replacement thereof or similar arrangement to the extent such amendment, replacement or arrangement
is not more disadvantageous to the Lenders when taken as a whole in any material respect than the original agreement as in effect
on the Closing Date (as determined by the Borrower in good faith),

 

(vi)            
(A) any employment agreement, consulting agreement, severance agreement, compensation arrangement, officer or director
indemnification agreement or any similar arrangement entered into by Parent or any of the Subsidiaries in the ordinary course of
business and any payments pursuant thereto, (B) any subscription agreement or similar agreement pertaining to the repurchase of
Equity Interests pursuant to put/call rights or similar rights with employees, officers or directors, and (C) any employee compensation,
benefit plan or arrangement, any health, disability or similar insurance plan which covers employees, and any reasonable employment
contract and transactions pursuant thereto,

 

(vii)         
Restricted Payments permitted under Section 6.06 and Investments permitted under Section 6.04,

 

(viii)       
transactions for the purchase or sale of goods, equipment, products, parts and services entered into in the ordinary
course of business or consistent with past practice,

 

(ix)            
any transaction in respect of which the Borrower delivers to the Administrative Agent a letter addressed to the Board
of Directors of Parent from an accounting, appraisal or investment banking firm, in each case of nationally recognized standing that is in the good faith determination
of Parent qualified to render such letter, which letter states that (i) such transaction is on terms that are substantially no less favorable
to Parent or such Subsidiary, as applicable, than would be obtained in a comparable arm’s-length transaction with a person that
is not an Affiliate or (ii) such transaction is fair to Parent or such Subsidiary, as applicable, from a financial point of view,

 

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(x)              
payments to or the receipts of payments from, and entry into and the consummation of transactions with joint ventures
entered into in the ordinary course of business,

 

(xi)            
(A) transactions pursuant to any Qualified Receivables Facility, and (B) customary transactions with a Securitization
Entity effected as part of a Qualified Securitization Transaction, including in respect of Standard Securitization Undertakings,
any disposition of Securitization Assets or related assets in connection with any Qualified Securitization Transaction and any
repurchase of Securitization Assets pursuant to a Securitization Repurchase Obligation,

 

(xii)           
transactions between Parent or any of the Subsidiaries and any person, a director of which is also a director of
Parent; provided, however, that (A) such director abstains from voting as a director of Parent on any matter involving
such other person and (B) such person is not an Affiliate of Parent for any reason other than such director’s acting in such
capacity,

 

(xiii)          
transactions permitted by, and complying with, the provisions of Section 6.05 (other than Section 6.05(m)),

 

(xiv)          
intercompany transactions undertaken in good faith (as certified by a Responsible Officer of the Borrower) for the
purpose of improving the consolidated Tax efficiency of Parent and the Subsidiaries and not for the purpose of circumventing any
covenant set forth herein; provided, that any such transaction does not materially decrease the value of any interest of
any Secured Party in the Guarantees or Collateral,

 

(xv)           
payments, loans (or cancellation of loans) or advances to employees or consultants that are (i) made in the ordinary
course of business or approved by a majority of the Disinterested Directors of Parent in good faith, (ii) made in compliance with
applicable law and (iii) otherwise permitted under this Agreement,

 

(xvi)          
transactions with customers, clients or suppliers, or purchasers or sellers of goods or services, in each case in
the ordinary course of business that are fair to Parent or the Subsidiaries,

 

(xvii)     
     any issuance of Qualified Equity Interests of Parent to Affiliates of Parent,

 

(xviii)   
      sales of Equity Interests of Parent to Affiliates of Parent or any Subsidiary not otherwise prohibited by this Agreement
and the granting of registration and other customary rights in connection therewith,

 

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(xix)         
 transactions with an Affiliate where the only consideration paid is Qualified Equity Interests of Parent,

 

(xx)           
any contributions to the common equity capital of Parent or any Subsidiary,

 

(xxi)          
pledges of Equity Interests of Unrestricted Subsidiaries,

 

(xxii)          
any purchases by Parent’s Affiliates of Indebtedness or Disqualified Stock of Parent or any Subsidiary the
majority of which Indebtedness or Disqualified Stock is purchased by persons who are not Parent’s Affiliates; provided
that such purchases by Parent’s Affiliates are on the same terms as such purchases by such persons who are not Parent’s
Affiliates,

 

(xxiii)         
transactions in connection with Permitted Incentive Programs and the consummation of other transactions incidental
or related thereto, and

 

(xxiv)        
transactions to the extent required under any organizational document of either China JV, and/or other documentation
governing either China JV, entered into by Parent or any of its Subsidiaries, as such documentation is in effect on the Closing
Date, as amended or otherwise modified from time to time in a manner not materially adverse to the Lenders.

 

Section 6.08       
Business of Parent and the Subsidiaries; Etc. Notwithstanding any other provisions hereof, engage at any time
to any material respect in any business or business activity substantially different from any business or business activity conducted
by any of them on the Closing Date or any Similar Business (including the manufacture of medical, safety, health and/or other equipment
or supplies), and in the case of a Receivables Entity, Qualified Receivables Facilities and related activities.

 

Section 6.09       
Restrictions on Subsidiary Distributions and Negative Pledge Clauses. Permit Parent or any Subsidiary to enter
into any agreement or instrument that by its terms restricts (A) the payment of dividends or other distributions or
the making of cash advances to Parent or any Subsidiary that is a direct or indirect parent of such Subsidiary or (B) the
granting of Liens by the Borrower or any Guarantor pursuant to the Security Documents, in each case other than those arising under
any Loan Document, except, in each case, restrictions existing by reason of:

 

(a)              
restrictions imposed by applicable law rule, regulation, order or other requirement;

 

(b)               contractual
encumbrances or restrictions (i) in effect on the Closing Date under Indebtedness existing on the Closing Date, (ii)
contained in the indentures governing the 2026 Notes, the 2025 Notes and the Senior Notes, (iii) contained in the indenture
and related documentation governing the First Lien Notes or (iv) contained in any Indebtedness outstanding pursuant to Section
6.01(z), or, in each case, any agreements related to any Permitted Refinancing Indebtedness in respect of any such
Indebtedness that does not materially expand the scope of any such encumbrance or restriction (as determined in good faith by
the Borrower) (provided that, in each case, such documentation shall permit the Liens on Collateral granted pursuant
to the Loan Documents);

 

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(c)              
any restriction on a Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of the
Equity Interests or assets of a Subsidiary pending the closing of such sale or disposition;

 

(d)              
customary provisions in joint venture agreements and other similar agreements applicable to joint ventures entered
into in the ordinary course of business;

 

(e)              
any restrictions imposed by any agreement relating to secured Indebtedness permitted by this Agreement to the extent
that such restrictions apply only to the specific property or assets securing such Indebtedness;

 

(f)               
any restrictions imposed by any agreement relating to Indebtedness permitted to be incurred under Section 6.01
or Permitted Refinancing Indebtedness in respect thereof, to the extent such restrictions either (i) are not materially more
restrictive, taken as a whole, than the restrictions contained in this Agreement, or, in the case of Permitted Refinancing Indebtedness,
the Indebtedness being refinanced, or (ii) are not materially more disadvantageous to the Lenders than is customary in comparable
financings (in each case, as determined in good faith by the Borrower, and in the case of clause (ii), either (x) the Borrower
determines in good faith that such encumbrance or restriction would not reasonably be expected to adversely affect the Borrower’s
ability to make principal or interest payments on the Loan Obligations or (y) such encumbrances or restrictions apply only during
the continuance of a default in respect of payment or a financial maintenance covenant relating to such Indebtedness);

 

(g)              
customary provisions contained in leases or licenses of Intellectual Property and other similar agreements entered
into in the ordinary course of business;

 

(h)              
customary provisions restricting subletting or assignment of any lease governing a leasehold interest;

 

(i)                
customary provisions restricting assignment, mortgaging or hypothecation of any agreement entered into in the ordinary
course of business;

 

(j)                
customary restrictions and conditions contained in any agreement relating to the sale, transfer, lease or other disposition
of any asset permitted under Section 6.05 pending the consummation of such sale, transfer, lease or other disposition;

 

(k)              
Permitted Liens and customary restrictions and conditions contained in the document relating thereto, so long as
(1) such restrictions or conditions relate only to the specific asset subject to such Lien, and (2) such restrictions and conditions
are not created for the purpose of avoiding the restrictions imposed by this Section 6.09;

 

(l)                
customary net worth provisions contained in Real Property leases entered into by Subsidiaries, so long as the Borrower
has determined in good faith that such net worth provisions would not reasonably be expected to impair the ability of Parent and
its Subsidiaries to make principal or interest payments on the Loan Obligations ;

 

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(m)            
 any agreement in effect at the time such subsidiary becomes a Subsidiary, so long as such agreement was not entered
into in contemplation of such person becoming a Subsidiary unless required by applicable law or regulation or a Governmental Authority;

 

(n)              
restrictions in agreements representing Indebtedness permitted under Section 6.01 of a Subsidiary that
is not a Guarantor that apply only to such Subsidiary and its Subsidiaries that are not Guarantors;

 

(o)              
customary restrictions contained in contracts, leases, subleases, licenses, sublicenses or Equity Interests or asset
sale agreements otherwise permitted hereby as long as such restrictions relate to the Equity Interests and assets subject thereto;

 

(p)              
restrictions on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary
course of business;

 

(q)              
restrictions created in connection with any Qualified Securitization Transaction or restrictions contained in any
Permitted Receivables Facility Documents with respect to any Receivables Entity;

 

(r)               
restrictions and conditions pursuant to documentation governing any Permitted Incentive Program;

 

(s)               
any encumbrances or restrictions of the type referred to in clause 6.09(A) above imposed by any other instrument
or agreement entered into after the Closing Date that contains encumbrances and restrictions that, as determined by the Borrower
in good faith, will not materially adversely affect the Borrower’s ability to make payments on the Term Loans;

 

(t)                
customary restrictions imposed in connection with purchase money obligations, mortgage financings and Capitalized
Lease Obligations on the property purchased or leased relating to the sale, lease or transfer of such property;

 

(u)              
provisions limiting the disposition or distribution of assets or property in joint venture agreements, asset sale
agreements, sale leaseback agreements, stock sale agreements and other similar agreements (including agreements entered into in
connection with an Investment permitted hereunder), which limitation is applicable only to the assets that are the subject of such
agreements;

 

(v)              
restrictions imposed in connection with any Investment permitted under Section 6.04;

 

(w)            
in the case of the redesignation of an Unrestricted Subsidiary as a Subsidiary or the merger, amalgamation or consolidation
of an Unrestricted Subsidiary into Parent or a Subsidiary or the transfer of all or substantially all of the assets of an Unrestricted
Subsidiary to Parent or a Subsidiary, restrictions imposed under any agreement or other instrument of such Unrestricted Subsidiary
(but, in any such case, not created in contemplation of such redesignation, merger, amalgamation, consolidation or transfer);

 

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(x)              
 any encumbrances or restrictions of the type referred to in clause 6.09(A) or (B) above imposed by any amendments,
modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of or similar arrangements
to the contracts, instruments or obligations referred to in clauses (a) through (w) above; provided, that such amendments,
modifications, restatements, renewals, increases, supplements, refundings, replacements, refinancings or similar arrangements are,
in the good faith judgment of the Borrower, no more restrictive as a whole with respect to such dividend and other payment restrictions
than those contained in the dividend or other payment restrictions as contemplated by such provisions prior to such amendment,
modification, restatement, renewal, increase, supplement, refunding, replacement, refinancing or similar arrangement; and

 

(y)              
restrictions under agreements with Boeing.

 

Section 6.10       
Fiscal Quarter and/or Fiscal Year. In the case of Parent, permit any change to its fiscal quarter and/or fiscal
year; provided, that Parent and its Subsidiaries may change their fiscal quarter and/or fiscal year end one or more times,
subject to such adjustments to this Agreement as Parent and Administrative Agent shall reasonably agree are necessary or appropriate
in connection with such change (and the parties hereto hereby authorize Parent and the Administrative Agent to make any such amendments
to this Agreement as they jointly deem necessary to give effect to the foregoing).

 

Article
VII

Events of Default

 

Section 7.01       
Events of Default. In case of the happening of (each, an “Event of Default”) on and after
the Closing Date, any of the following events:

 

(a)              
any representation or warranty made or deemed made by the Borrower or any Guarantor herein or in any other Loan Document
or any certificate or document delivered pursuant hereto or thereto shall prove to have been false in any material respect when
so made or deemed made;

 

(b)              
default shall be made in the payment of any principal of any Term Loan when and as the same shall become due and
payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or otherwise;

 

(c)              
default shall be made in the payment of any interest on any Term Loan or in the payment of any fee or any other amount
(other than an amount referred to in clause (b) above) due under any Loan Document, when and as the same shall become due and payable,
and such default shall continue unremedied for a period of five (5) Business Days;

 

(d)              
default shall be made in the due observance or performance by the Borrower of any covenant, condition or agreement
contained in, Section 5.01(a) (solely with respect to Parent and the Borrower), 5.05(a) or 5.08 or in
Article VI;

 

(e)               default
shall be made in the due observance or performance by the Borrower or any of the Guarantors of any covenant, condition or
agreement contained in any Loan Document (other than those specified in clauses (b), (c) and (d) above) and such default
shall continue unremedied for a period of 30 days after notice thereof from the Administrative Agent to the Borrower;

 

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(f)               
 (i) any payment default shall occur with respect to any payment of principal of or interest on any Material Indebtedness
(excluding the Term Loans and any Indebtedness owed to the Borrower or any other Loan Party) in and such default shall continue
beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created or (ii) any
event or condition occurs that (A) results in any Material Indebtedness becoming due prior to its scheduled maturity or (B) enables
or permits (with all applicable grace periods having expired) the holder or holders of any Material Indebtedness or any trustee
or agent on its or their behalf to cause any such Material Indebtedness to become due, or to require the prepayment, repurchase,
redemption or defeasance thereof, prior to its scheduled maturity, in each case without such Material Indebtedness having been
discharged, or any such event of or condition having been cured promptly; provided, that this clause (f) shall not
apply to any secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing
such Indebtedness if (x) such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness and
(y) repayments are made as required by the terms of the respective Indebtedness; provided, further that this clause (f)
shall not apply to, in the case of any Permitted Convertible Indebtedness, any event or condition that would permit the holder
or beneficiary of such Permitted Convertible Indebtedness to convert such Permitted Convertible Indebtedness into cash, Equity
Interests (other than Disqualified Stock) of Parent or a combination thereof (in each case to the extent permitted hereunder);
provided, further that any breach or default under any Material Indebtedness solely as a result of a breach or violation
of any financial maintenance covenant thereunder shall not constitute an Event of Default under this clause (f) unless and until
the date on which the requisite holders of such Material Indebtedness shall have declared such Material Indebtedness due and payable
as a result of such breach or default;

 

(g)              
there shall have occurred a Change of Control;

 

(h)              
an involuntary proceeding shall be commenced or an involuntary petition shall be filed in a court of competent jurisdiction
seeking (i) relief in respect of Parent, the Borrower or any of the Material Subsidiaries, or of a substantial part of the property
or assets of Parent, the Borrower or any Material Subsidiary, under the Bankruptcy Code, or any other federal, state or foreign
bankruptcy, insolvency, receivership, administration or any other Debtor Relief Law, (ii) the appointment of a receiver, trustee,
custodian, sequestrator, conservator, examiner, liquidator, administrator or similar official for or to Parent, the Borrower or
any of the Material Subsidiaries for or to a substantial part of the property or assets of Parent, the Borrower or any of the Material
Subsidiaries or (iii) the winding-up, liquidation, reorganization, dissolution, compromise, arrangement, administration or other
relief of Parent, the Borrower or any Material Subsidiary (except in a transaction permitted hereunder); and such proceeding or
petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

 

(i)                 Parent,
the Borrower or any Material Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking relief
under the Bankruptcy Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy,
insolvency, receivership, administration or any other Debtor Relief Law, (ii) consent to the institution of, or fail to
contest in a timely and appropriate manner, any proceeding or the filing of any petition described in clause (h) above,
(iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator, examiner,
liquidator, administrator or similar official for Parent, the Borrower or any of the Material Subsidiaries or for a
substantial part of the property or assets of Parent, the Borrower or any Material Subsidiary, (iv) file an answer admitting
the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit
of creditors or (vi) become unable or fail generally to pay its debts as they become due;

 

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(j)                
the failure by Parent, the Borrower or any Material Subsidiary to pay one or more final judgments aggregating in
excess of $100,000,000 (other than amounts covered by (A) insurance for which the insurer thereof has been notified of such claim
and has not challenged such coverage, or (B) valid third-party indemnifications for which the indemnifying party thereof has been
notified of such claim and has not challenged such indemnification), which judgments are not discharged or effectively waived or
stayed for a period of 60 consecutive days, or any action shall be legally taken by a judgment creditor to attach or levy upon
assets or properties of Parent, the Borrower or any Material Subsidiary to enforce any such judgment;

 

(k)              
(i) an ERISA Event shall have occurred, (ii) the PBGC shall institute proceedings (including giving notice of intent
thereof) to terminate any Plan or Plans or (iii) Parent, the Borrower or any Subsidiary or any ERISA Affiliate shall have been
notified by the sponsor of a Multiemployer Plan that such Multiemployer Plan is in reorganization or is being terminated, within
the meaning of Title IV of ERISA; and in the case of each of clauses (i) through (iii) above, such event or condition, together
with all other such events or conditions, if any, would reasonably be expected to have a Material Adverse Effect; or

 

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(l)                 (i)
any Loan Document shall for any reason cease to be (or be asserted in writing by the Borrower or any Guarantor to not be) a
legal, valid and binding obligation of any Loan Party party thereto (other than in accordance with the terms of the relevant
Loan Document or pursuant to Section 9.08), (ii) any security interest purported to be created by any Security
Document and to extend to assets that constitute a material portion of the Collateral shall cease to be, or shall be asserted
in writing by the Borrower or any other Loan Party not to be, a valid and perfected security interest (perfected as required
by this Agreement or the relevant Security Document and subject to such limitations and restrictions as are set forth herein
and therein) in the securities, assets or properties covered thereby (other than in accordance with the terms hereof or the
relevant Security Document), except to the extent that any such loss of perfection results from the limitations of foreign
laws, rules and regulations as they apply to pledges of Equity Interests in Foreign Subsidiaries or the application thereof,
or from failure of the Collateral Agent to maintain possession of certificates actually delivered to it representing
securities pledged under the Collateral Agreement or to file Uniform Commercial Code continuation statements or to make any
other similar filings (provided the Loan Parties have provided any cooperation, documentation or other assistance
reasonably requested on reasonable notice by the Collateral Agent and/or Administrative Agent to enable the Collateral Agent
to make any such filings by the applicable deadline), and in any case so long as such failure does not result from the breach
or non-compliance with the Loan Documents by any Loan Party, or (iii) a material portion of the Guarantees pursuant to the
Loan Documents by the Guarantors guaranteeing the Obligations, shall cease to be in full force and effect (other than in
accordance with the terms thereof), or shall be asserted in writing by the Borrower or any Guarantor not to be in effect or
not to be legal, valid and binding obligations (other than in accordance with the terms thereof); provided, that no
Event of Default shall occur under this Section 7.01(l) if the Loan Parties cooperate with the Collateral Agent to
replace or perfect such security interest and Lien, such security interest and Lien is promptly replaced or perfected (as
needed) and the rights, powers and privileges of the Secured Parties are not materially adversely affected by such
replacement; then, and in every such event (other than an event with respect to Parent or the Borrower described in
clause (h) or (i) above), and at any time thereafter during the continuance of such event, the Administrative
Agent, at the request of the Required Lenders, shall, by notice to Parent, take any or all of the following actions, at the
same or different times: (i) terminate forthwith the Commitments and (ii) declare the Term Loans then outstanding to be
forthwith due and payable in whole or in part (in which case any principal not so declared to be due and payable may
thereafter be declared to be due and payable), whereupon the principal of the Term Loans so declared to be due and payable,
together with accrued interest thereon and any unpaid accrued fees and all other liabilities of the Borrower accrued
hereunder and under any other Loan Document, shall become forthwith due and payable, without presentment, demand, protest or
any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any
other Loan Document to the contrary notwithstanding; and in any event with respect to Parent and the Borrower described in
clause (h) or (i) above, the Commitments shall automatically terminate and the principal of the Term Loans then
outstanding, together with accrued interest thereon and any unpaid accrued fees and all other liabilities of the Borrower
accrued hereunder and under any other Loan Document, shall automatically become due and payable, without presentment, demand,
protest or any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein
or in any other Loan Document to the contrary notwithstanding.

 

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In addition to any other rights and
remedies granted to the Administrative Agent and the Secured Parties in the Loan Documents, following the occurrence and
continuation of an Event of Default, the Collateral Agent on behalf of the Secured Parties may exercise all rights and
remedies of a secured party under the Uniform Commercial Code or any other applicable law. Without limiting the generality of
the foregoing, following the occurrence and continuation of an Event of Default, the Collateral Agent, without demand of
performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law
referred to below) to or upon any Guarantor or any other person (all and each of which demands, defenses, advertisements and
notices are hereby waived), may in such circumstances, subject to applicable laws and conditions provided by the relevant
Security Documents, forthwith collect, receive, appropriate and realize upon the Collateral, or any part thereof, or consent
to the use by the Guarantor of any cash collateral arising in respect of the Collateral on such terms as the Collateral Agent
deems reasonable, and/or may forthwith sell, lease, assign give an option or options to purchase or otherwise dispose of and
deliver, or acquire by credit bid on behalf of the Lenders, the Collateral or any part thereof (or contract to do any of the
foregoing), in one or more parcels at public or private sale or sales, at any exchange, broker’s board or office of the
Collateral Agent or any Secured Party or elsewhere, upon such terms and conditions as it may deem advisable and at such
prices as it may deem best, for cash or on credit or for future delivery, all without assumption of any credit risk. The
Collateral Agent or any Secured Party shall have the right upon any such public sale or sales, and, to the extent permitted
by law, upon any such private sale or sales, to purchase the whole or any part of the Collateral so sold, free of any right
or equity of redemption in any Guarantor, which right or equity is hereby waived and released. The Administrative Agent or
Collateral Agent shall apply the net proceeds of any action taken by it pursuant to this Article VII, after deducting
all reasonable costs and expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of
any of the Collateral or in any other way relating to the Collateral or the rights of the Administrative Agent and the
Secured Parties hereunder, including reasonable attorneys’ fees and disbursements, to the payment in whole or in part
of the obligations of the Loan Parties under the Loan Documents, in such order as the Administrative Agent may elect, and
only after such application and after the payment by the Administrative Agent of any other amount required by any provision
of law, including Section 9-615(a)(3) of the UCC, need the Administrative Agent account for the surplus, if any, to any
Guarantor. To the extent permitted by applicable law, each Guarantor waives all claims, damages and demands it may acquire
against the Administrative Agent or any Secured Party arising out of the exercise by them of any rights hereunder, except
abuse of right and fraud. If any notice of a proposed sale or other disposition of Collateral shall be required by law, such
notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition.

 

Article
VIII

The Agents

 

Section 8.01       
Appointment and Authority.

 

(a)              
Each of the Lenders (each in its capacities as a Lender and on behalf of itself and to the extent applicable, its
Affiliates as potential counterparties to Secured Cash Management Agreements, Secured Hedge Agreements, Secured Letters of Credit
and Secured Progress Payment Agreements) and each other Secured Party (by virtue of their acceptance of the benefits of the Loan
Documents) hereby irrevocably appoints Bank of America to act on its behalf as Administrative Agent hereunder and under the other
Loan Documents, 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 or thereof, together with such actions and powers as are reasonably incidental
thereto. The provisions of this Article VIII (other than Section 8.06 and Section 8.10) are solely
for the benefit of the Agents and the Lenders, and neither the Borrower nor any Loan Party shall have rights as a third-party beneficiary
of any such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents
(or any other similar term) with reference to either Agent is not intended to connote any fiduciary or other implied (or express)
obligations arising under agency doctrine of any applicable law. Instead such term is used as a matter of market custom, and is
intended to create or reflect only an administrative relationship between contracting parties. At the request of the Administrative
Agent, a Lender that cannot authorize or empower, or has not authorized or empowered, the Administrative Agent to act on its behalf,
irrevocably undertakes before the Administrative Agent and the other Lenders, to appear and execute with the Administrative Agent
to enable the Administrative Agent to exercise any right, power, authority or discretion vested in it as Administrative Agent pursuant
to this Agreement and to execute any document or instrument.

 

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(b)              
 Bank of America shall also act as the “Collateral Agent” under the Loan Documents, and each of the Lenders
(each in its capacities as a Lender and on behalf of itself and to the extent applicable, its Affiliates as potential counterparties
to Secured Cash Management Agreements, Secured Hedge Agreements, Secured Letters of Credit and Secured Progress Payment Agreements)
and each other Secured Party (by virtue of their acceptance of the benefits of the Loan Documents) hereby irrevocably appoints
and authorizes Bank of America to act as the agent of such Lender for purposes of acquiring, holding and enforcing any and all
Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion
as are reasonably incidental thereto. In this connection, Bank of America, as “Collateral Agent” and any co-agents,
sub-agents and attorneys-in-fact appointed by the Collateral Agent pursuant to Section 8.05 for purposes of holding
or enforcing any Lien on the Collateral (or any portion thereof granted under the Security Documents, or for exercising any rights
and remedies thereunder at the direction of the Collateral Agent), shall be entitled to the benefits of all provisions of this
Article VIII and Article IX (including Section 9.05(f), as though such co-agents, sub-agents and attorneys-in-fact
were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect thereto.

 

Section 8.02       
Rights as a Lender. The person serving as the Administrative 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
and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise
requires, include the person serving as the Administrative Agent hereunder in its individual capacity. Such person and its Affiliates
may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for
and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such person were
not the Administrative Agent hereunder and without any duty to account therefor to the Lenders.

 

Section 8.03       
Exculpatory Provisions. The Administrative Agent and the Collateral Agent, or any Arranger, as applicable,
shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents, and each of their
duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent
and the Collateral Agent, or any Arranger, as applicable:

 

(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 such Administrative Agent and/or the Collateral
Agent are 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 each of the Administrative Agent
and the Collateral Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose
the Administrative Agent or the Collateral Agent, as applicable, to liability or that is contrary to any Loan Document or applicable
law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any Debtor Relief Law;
and

 

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(c)              
 shall not, have any duty or responsibility to disclose, and shall not be liable for the failure to disclose, to
any Lender any credit or other information concerning the business, prospects, operations, property, financial and other condition
or creditworthiness of any of the Loan Parties or any of their Affiliates, that is communicated to, obtained or in the possession
of, the Administrative Agent and/or the Collateral Agent, any Arranger or any of their Related Parties in any capacity, except
for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent herein.

 

(d)              
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 and/or the Collateral
Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 9.08 and 7.01)
or (ii) in the absence of its own gross negligence or willful misconduct, as determined by a court of competent jurisdiction by
a final and nonappealable judgment. Neither the Administrative Agent nor the Collateral Agent shall be deemed to have knowledge
of any Default unless and until notice describing such Default is given to the Administrative Agent and the Collateral Agent by
the Borrower or a Lender.

 

(e)              
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 the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value
or the sufficiency of any Collateral or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein,
other than to confirm receipt of items expressly required to be delivered to the Administrative Agent and/or the Collateral Agent.

 

(f)               
The Administrative Agent shall not be responsible or have any liability for, or have any duty to ascertain, inquire
into, monitor or enforce, compliance with the provisions of this Agreement relating to Disqualified Institutions. Without limiting
the generality of the foregoing, the Administrative Agent shall not ‎(x) be obligated
to ascertain, monitor or inquire as to whether any Lender or Participant or prospective Lender or Participant is a Disqualified
‎Institution or (y) have any liability with respect to or arising out of any assignment
or participation of Term Loans, or disclosure of confidential information, to any ‎Disqualified
Institution.‎

 

Section 8.04        Reliance
by the Administrative Agent and Collateral Agent. Each of the Administrative Agent and the Collateral 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. Each of the Administrative Agent and the Collateral 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 Term Loan that by its terms must be fulfilled to
the satisfaction of a Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender unless
the Administrative Agent shall have received notice to the contrary from such Lender prior to the making of such Term Loan.
The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), 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.

 

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Section 8.05       
Delegation of Duties. Each of the Administrative Agent and the Collateral 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 and/or the Collateral Agent. Each of the Administrative Agent, the Collateral 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 VIII shall apply to any such sub-agent and to the Related Parties of
the Administrative Agent or the Collateral 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 and as Collateral
Agent, as applicable. Neither the Administrative Agent nor the Collateral Agent shall be responsible for the negligence or misconduct
of any sub-agents except to the extent that a court of competent jurisdiction determines in a final and nonappealable judgment
that the Administrative Agent or the Collateral Agent, as applicable, acted with gross negligence or willful misconduct in the
selection of such sub-agents.

 

Section 8.06       
Resignation of an Agent.

 

(a)              
Each of the Administrative Agent or the Collateral Agent may at any time give notice of its resignation to the Lenders
and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders (with the prior consent of the Borrower,
such consent not to be unreasonably withheld and such consent not to be required if an Event of Default under Section 7.01(b),
(c), (h) or (i) has occurred and is continuing) shall have the right to appoint a successor, which shall be
a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. 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 or Collateral Agent gives notice of its resignation, (or such earlier day as shall be agreed by the Required
Lenders) (the “Resignation Effective Date”), then the retiring Administrative Agent or Collateral Agent may
(but shall not be obligated to) on behalf of the Lenders, appoint a successor Administrative Agent or Collateral Agent, as applicable,
meeting the qualifications set forth above; provided that in no event shall any such successor Administrative Agent or Collateral
Agent be a Disqualified Institution. Whether or not a successor has been appointed, such resignation shall become effective in
accordance with such notice on the Resignation Effective Date.

 

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(b)               With
effect from the Resignation Effective Date (1) the retiring Administrative Agent or retiring Collateral Agent shall be
discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any
Collateral security held by the Collateral Agent on behalf of the Lenders under any of the Loan Documents, the retiring
Collateral Agent shall continue to hold such Collateral security until such time as a successor of such Collateral Agent is
appointed) and (2) except for any indemnity payments or other amounts then owed to the retiring Administrative Agent or
retiring Collateral 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 directly, until such time, if any, as the Required Lenders
appoint a successor Administrative Agent as provided for above. Upon the acceptance of a successor’s appointment as
Administrative Agent or Collateral Agent hereunder, such successor shall succeed to and become vested with all of the rights,
powers, privileges and duties of the retiring Administrative Agent or Collateral Agent, as applicable (other than any rights
to indemnity payments or other amounts owed to the retiring Administrative Agent or retiring Collateral Agent, as applicable,
as of the Resignation Effective Date, including under Section 2.17(c)), and the retiring Administrative Agent or
retiring Collateral Agent, as applicable, 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 in this Section 8.06). The fees
payable by the Borrower to a successor Administrative Agent or Collateral Agent shall be the same as those payable to its
predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s
or Collateral Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article
VIII and Section 9.05 shall continue in effect for the benefit of such retiring Administrative Agent or
Collateral Agent, as applicable, its sub-agents and their respective Related Parties in respect of any actions taken or
omitted to be taken by any of them (i) while the retiring Administrative Agent or Collateral Agent was acting as
Administrative Agent or Collateral Agent, as applicable, and (ii) after such resignation or removal for as long as any of
them continues to act in any capacity hereunder or under the other Loan Documents, including (a) acting as collateral agent
or otherwise holding any collateral security on behalf of any of the Lenders and (b) in respect of any actions taken in
connection with transferring the agency to any successor Administrative Agent.

 

Section 8.07        Non-Reliance
on Administrative Agent, Collateral Agent and Other Lenders. Each Lender expressly acknowledges that none of the
Administrative Agent nor any Arranger has made any representation or warranty to it, and that no act by the Administrative
Agent or any Arranger hereafter taken, including any consent to, and acceptance of any assignment or review of the affairs of
any Loan Party of any Affiliate thereof, shall be deemed to constitute any representation or warranty by the Administrative
Agent or any Arranger to any Lender as to any matter, including whether the Administrative Agent or any Arranger have
disclosed material information in their (or their Related Parties’) possession. Each Lender represents to the
Administrative Agent and the Arrangers that it has, independently and without reliance upon the Administrative Agent, the
Collateral Agent, the Arrangers 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 of, appraisal of, and investigation into, the
business, prospects, operations, property, financial and other condition and creditworthiness of the Loan Parties and their
Subsidiaries, and all applicable bank or other regulatory Laws relating to the transactions contemplated hereby, and made its
own decision to enter into this Agreement and to extend credit to the Borrower hereunder. Each Lender also acknowledges that
it will, independently and without reliance upon the Administrative Agent, the Collateral Agent, the Arrangers 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 credit analysis, appraisals and 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, and
to make such investigations as it deems necessary to inform itself as to the business, prospects, operations, property,
financial and other condition and creditworthiness of the Loan Parties. Each Lender represents and warrants that (i) the Loan
Documents set forth the terms of a commercial lending facility and (ii) it is engaged in making, acquiring or holding
commercial loans in the ordinary course and is entering into this Agreement as a Lender for the purpose of making, acquiring
or holding commercial loans and providing other facilities set forth herein as may be applicable to such Lender, and not for
the purpose of purchasing, acquiring or holding any other type of financial instrument, and each Lender agrees not to assert
a claim in contravention of the foregoing. Each Lender represents and warrants that it is sophisticated with respect to
decisions to make, acquire and/or hold commercial loans and to provide other facilities set forth herein, as may be
applicable to such Lender, and either it, or the Person exercising discretion in making its decision to make, acquire and/or
hold such commercial loans or to provide such other facilities, is experienced in making, acquiring or holding such
commercial loans or providing such other facilities.

 

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Section 8.08       
No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the Joint Bookrunners or Joint
Lead Arrangers listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of
the other Loan Documents, except in its capacity, as applicable, as an Agent or a Lender hereunder.

 

Section 8.09       
Administrative Agent May File Proofs of Claim; Credit Bidding.

 

(a)              
In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to
any Loan Party, the Administrative Agent (irrespective of whether the principal of any Term Loan shall then be due and payable
as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand
on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise (a) to file and prove a claim
for the whole amount of the principal and interest owing and unpaid in respect of the Term Loans and all other Obligations that
are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders
and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the
Lenders and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders and the Administrative
Agent under Sections 2.12 and 9.05) allowed in such judicial proceeding; and

 

(b)              
to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the
same; and any custodian, receiver, assignee, trustee, liquidator, administrator, sequestrator or other similar official in any
such judicial proceeding is hereby authorized by each Lender to make such payments to the Administrative Agent and, if the Administrative
Agent shall consent to the making of such payments directly to the Lenders, to pay to the Administrative Agent any amount due for
the reasonable compensation, expenses, disbursements and advances of the Agents and their respective agents and counsel, and any
other amounts due to the Agents under Sections 2.12 and 9.05.

 

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

 

The Secured Parties hereby irrevocably authorize
the Administrative Agent, at the direction of the Required Lenders, to credit bid all or any portion of the Obligations (including
accepting some or all of the Collateral in satisfaction of some or all of the Obligations pursuant to a deed in lieu of foreclosure
or otherwise) and in such manner purchase (either directly or through one or more acquisition vehicles) all or any portion of the
Collateral (a) at any sale thereof conducted under the provisions of the Bankruptcy Code of the United States, including under
Sections 363, 1123 or 1129 of the Bankruptcy Code of the United States, or any similar laws in any other jurisdictions to which
a Loan Party is subject, (b) at any other sale or foreclosure or acceptance of collateral in lieu of debt conducted by (or with
the consent or at the direction of) the Administrative Agent (whether by judicial action or otherwise) in accordance with any applicable
law.  In connection with any such credit bid and purchase, the Obligations owed to the Secured Parties shall be entitled to
be, and shall be, credit bid on a ratable basis (with Obligations with respect to contingent or unliquidated claims receiving contingent
interests in the acquired assets on a ratable basis that would vest upon the liquidation of such claims in an amount proportional
to the liquidated portion of the contingent claim amount used in allocating the contingent interests) in the asset or assets so
purchased (or in the Equity Interests or debt instruments of the acquisition vehicle or vehicles that are used to consummate such
purchase).  In connection with any such bid (i) the Administrative Agent shall be authorized to form one or more acquisition
vehicles to make a bid, (ii) to adopt documents providing for the governance of the acquisition vehicle or vehicles (provided that
any actions by the Administrative Agent with respect to such acquisition vehicle or vehicles, including any disposition of the
assets or Equity Interests thereof shall be governed, directly or indirectly, by the vote of the Required Lenders, irrespective
of the termination of this Agreement and without giving effect to the limitations on actions by the Required Lenders contained
in clauses (i) through (vii) of Section 9.08(b) of this Agreement), (iii) the Administrative Agent shall be authorized
to assign the relevant Obligations to any such acquisition vehicle pro rata by the Lenders, as a result of which each of the Lenders
shall be deemed to have received a pro rata portion of any Equity Interests and/or debt instruments issued by such an acquisition
vehicle on account of the assignment of the Obligations to be credit bid, all without the need for any Secured Party or acquisition
vehicle to take any further action, and (iv) to the extent that Obligations that are assigned to an acquisition vehicle are not
used to acquire Collateral for any reason (as a result of another bid being higher or better, because the amount of Obligations
assigned to the acquisition vehicle exceeds the amount of debt credit bid by the acquisition vehicle or otherwise), such Obligations
shall automatically be reassigned to the Lenders pro rata and the Equity Interests and/or debt instruments issued by any acquisition
vehicle on account of the Obligations that had been assigned to the acquisition vehicle shall automatically be cancelled, without
the need for any Secured Party or any acquisition vehicle to take any further action.

 

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Section 8.10       
Collateral and Guarantee Matters.

 

The Lenders and the other Secured
Parties (by virtue of their acceptance of the benefits of the Loan Documents) authorize the Collateral Agent to release any
Collateral or Guarantors in accordance with Section 9.18 or if approved, authorized or ratified in accordance
with Section 9.08. The Lenders and the other Secured Parties (by virtue of their acceptance of the benefits of
the Loan Documents) hereby irrevocably authorize and instruct the Collateral Agent to, without any further consent of any
Lender or any other Secured Party, enter into (or acknowledge and consent to) or amend, renew, extend, supplement, restate,
replace, waive or otherwise modify any Permitted Junior Intercreditor Agreement, any Permitted First Lien Intercreditor
Agreement and any other intercreditor or subordination agreement (in form reasonably satisfactory to the Collateral Agent and
deemed appropriate by it) with the collateral agent or other representative of holders of Indebtedness secured (and permitted
to be secured) by a Lien on assets constituting a portion of the Collateral under (1) any of Section 6.02(c),
(i), (j), (u), (z), (gg), (ll) (solely as it relates to clause (c), (i), (j), (u), (z), (gg) or (qq) of Section 6.02)
and/or (qq) (and in accordance with the relevant requirements thereof) and (2) any other provision of Section 6.02
(it being acknowledged and agreed that the Collateral Agent shall be under no obligation to execute any Intercreditor
Agreement pursuant to this clause (2), and may elect to do so, or not do so, in its sole and absolute discretion) (any of the
foregoing, an “Intercreditor Agreement”). The Lenders and the other Secured Parties (by virtue of their
acceptance of the benefits of the Loan Documents) irrevocably agree that (x) the Collateral Agent may rely exclusively on a
certificate of a Responsible Officer of the Borrower as to whether any such other Liens are permitted hereunder and as to the
respective assets constituting Collateral that secure (and are permitted to secure) such Indebtedness hereunder and (y) any
Intercreditor Agreement entered into by the Collateral Agent shall be binding on the Secured Parties, and each Lender and
each other Secured Party hereby agrees that it will take no actions contrary to the provisions of, if entered into and if
applicable, any Intercreditor Agreement. Furthermore, the Lenders and the other Secured Parties (by virtue of their
acceptance of the benefits of the Loan Documents) hereby authorize the Administrative Agent and the Collateral Agent to
release any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan
Document (i) to the holder of any Lien on such property that is permitted by clauses (c), (i), or (z) (with respect to
Securitization Assets or Receivables Assets) of Section 6.02 in each case to the extent the contract or agreement
pursuant to which such Lien is granted prohibits any other Liens on such property or (ii) that is or becomes Excluded
Property; and the Administrative Agent and the Collateral Agent shall do so upon request of the Borrower; provided,
that prior to any such request, the Borrower shall have in each case delivered to the Administrative Agent a certificate of a
Responsible Officer of the Borrower certifying (x) that such Lien is permitted under this Agreement, (y) in the case of a
request pursuant to clause (i) of this sentence, that the contract or agreement pursuant to which such Lien is granted
prohibits any other Lien on such property and (z) in the case of a request pursuant to clause (ii) of this sentence, that (A)
such property is or has become Excluded Property and (B) if such property has become Excluded Property as a result of a
contractual restriction, such restriction does not violate Section 6.09. The Administrative Agent and the
Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty
regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the
Administrative Agent’s and the Collateral Agent’s Lien thereon, or any certificate prepared by any Loan Party in
connection therewith, nor shall the Administrative Agent be responsible or liable for any failure to monitor or maintain any
portion of the Collateral.

 

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Section 8.11       
Certain ERISA Matters.

 

(a)              
Each Lender (x) represents and warrants, as of the date such person became a Lender party hereto, to, and (y) covenants,
from the date such person became a Lender party hereto to the date such person ceases being a Lender party hereto, for the benefit
of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party,
that at least one of the following is and will be true:

 

(i)                
such Lender is not using “plan assets” (within the meaning of Section 3(42) of ERISA or otherwise)
of one or more Benefit Plans with respect to such Lender’s entrance into, participation in, administration of and performance
of the Term Loans, the Commitments or this Agreement,

 

(ii)             
the transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions
determined by independent qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving
insurance company general accounts), PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate
accounts), PTE 91-38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class
exemption for certain transactions determined by in-house asset managers), is applicable with respect to such Lender’s entrance
into, participation in, administration of and performance of the Term Loans, the Commitments and this Agreement,

 

(iii)           
(A) such Lender is an investment fund managed by a “Qualified Professional Asset Manager” (within the
meaning of Part VI of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such
Lender to enter into, participate in, administer and perform the Term Loans, the Commitments and this Agreement, (C) the entrance
into, participation in, administration of and performance of the Term Loans, the Commitments and this Agreement satisfies the requirements
of sub-sections (b) through (g) of Part I of PTE 84-14 and (D) to the best knowledge of such Lender, the requirements of subsection
(a) of Part I of PTE 84-14 are satisfied with respect to such Lender’s entrance into, participation in, administration of
and performance of the Term Loans, the Commitments and this Agreement, or

 

(iv)            
such other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in
its sole discretion, and such Lender.

 

(b)               In
addition, unless either (1) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (2) a
Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv) in the immediately
preceding clause (a), such Lender further (x) represents and warrants, as of the date such person became a Lender party
hereto, to, and (y) covenants, from the date such person became a Lender party hereto to the date such person ceases being a
Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit
of the Borrower or any other Loan Party, that the Administrative Agent is not a fiduciary with respect to the assets of such
Lender involved in such Lender’s entrance into, participation in, administration of and performance of the Term Loans,
the Commitments and this Agreement (including in connection with the reservation or exercise of any rights by the
Administrative Agent under this Agreement, any Loan Document or any documents related hereto or thereto).

 

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Section 8.12       
Withholding Tax. To the extent required by any applicable Requirement of Law, the Administrative Agent may
withhold from any payment to any Lender an amount equivalent to any applicable withholding Tax. If the IRS or any authority of
the United States or any other jurisdiction asserts a claim that the Administrative Agent did not properly withhold Tax from amounts
paid to or for the account of any Lender for any reason (including because the appropriate form was not delivered, was not properly
executed, or because such Lender failed to notify the Administrative Agent of a change in circumstances that rendered the exemption
from, or reduction of, withholding Tax ineffective), such Lender shall indemnify the Administrative Agent (to the extent that the
Administrative Agent has not already been reimbursed by any applicable Loan Party and without limiting the obligation of any applicable
Loan Party to do so) fully for all amounts paid, directly or indirectly, by the Administrative Agent as Tax or otherwise, including
penalties, fines, additions to Tax and interest, together with all expenses incurred, including legal expenses, allocated staff
costs and any out of pocket expenses, in each case, whether or not such Taxes are correctly or legally imposed or asserted. Each
Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under
this Agreement or any other Loan Document against any amount due to the Administrative Agent under this Section 8.12.

 

Article
IX

Miscellaneous

 

Section 9.01       
Notices; Communications.

 

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

 

(i)                
if to any Loan Party, the Administrative Agent as of the Closing Date, to the address, telecopier number, electronic
mail address or telephone number specified for such person on Schedule 9.01; and

 

(ii)             
if to any other Lender, to the address, telecopier number, electronic mail address or telephone number specified
in its Administrative Questionnaire.

 

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(b)               Notices
and other communications to the Lenders hereunder may be delivered or furnished by electronic communication (including
e-mail, FpML messaging 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 pursuant to Article II if such Lender has notified the
Administrative Agent that it is incapable of receiving notices under such Article by electronic communication. The
Administrative Agent or the Borrower may, in their discretion, agree to accept notices and other communications to it
hereunder by electronic communications pursuant to procedures approved by them, provided, that approval of such
procedures may be limited to particular notices or communications.

 

(c)              
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 acknowledgement from the intended recipient (such as by the “return
receipt requested” function, as available, return e-mail or other written acknowledgement), 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 the foregoing clause (i) of notification that such notice or communication is available and identifying
the website address therefor; provided that, for both clauses (i) and (ii), if such notice, email or other communication is not
sent during the normal business hours of the recipient, such notice, email or communication shall be deemed to have been sent at
the opening of business on the next Business Day for the recipient.

 

(d)              
Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to
have been given when received. Notices sent by telecopier shall be deemed to have been given when sent (except that, if not given
during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business
Day for the recipient). Notices delivered through electronic communications to the extent provided in Section 9.01(b)
above shall be effective as provided in such Section 9.01(b).

 

(e)              
Any party hereto may change its address, telecopier number, electronic mail address or telephone number for notices
and other communications hereunder by notice to the other parties hereto. Each Lender may change its address, telecopier number,
electronic mail address or telephone number for notices and other communications hereunder by notice to the Borrower and the Administrative
Agent. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent
has on record (i) an effective address, contact name, telephone number, facsimile number and electronic mail address to which notices
and other communications may be sent and (ii) accurate wire instructions for such Lender. Furthermore, 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 Borrower Materials 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 Borrower or its securities for
purposes of United States Federal or state securities laws.

 

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(f)                Documents
required to be delivered pursuant to Section 5.04 (to the extent any such documents are included in materials
otherwise filed with the SEC) may be delivered electronically (including as set forth in Section 9.17) and if so
delivered, shall be deemed to have been delivered on the date (i) on which Parent posts such documents, or provides a link
thereto on Parent’s website on the Internet at the website address listed on Schedule 9.01, or (ii) on
which such documents are posted on Parent’s behalf on an Internet or intranet website, if any, to which each Lender and
the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative
Agent); provided, that (A) the Borrower shall deliver paper copies of such documents to the Administrative Agent or
any Lender that requests the Borrower to deliver such paper copies until a written request to cease delivering paper copies
is given by the Administrative Agent or such Lender, and (B) the Borrower shall notify the Administrative Agent (by
telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic
mail electronic versions (i.e., soft copies) of such documents. Except for such certificates required by Section 5.04(c),
the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to
above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request for
delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such
documents.

 

(g)              
The Administrative Agent and the Lenders shall be entitled to rely and act upon any notices (including telephonic
notices) purportedly given by or on behalf of the Borrower even if (i) such notices were not made in a manner specified herein,
were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood
by the recipient, varied from any confirmation thereof. All telephonic notices to and other telephonic communications with the
Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording.

 

Section 9.02       
Survival of Agreement. All covenants, agreements, representations and warranties made by the Loan Parties
herein, in the other Loan Documents and in the certificates or other instruments prepared or delivered in connection with or pursuant
to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and shall
survive the making by the Lenders of the Term Loans and the execution and delivery of the Loan Documents, regardless of any investigation
made by such persons or on their behalf, and shall continue in full force and effect until the Termination Date. Without prejudice
to the survival of any other agreements contained herein, the provisions of Sections 2.15, 2.16, 2.17
and 9.05 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 Term Loans, the occurrence of the Termination Date or the termination of
this Agreement or any other Loan Document or any provision hereof or thereof.

 

Section 9.03       
Binding Effect. This Agreement shall become effective when it shall have been executed by the Borrower and
the Administrative Agent and when the Administrative Agent shall have received copies hereof which, when taken together, bear the
signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the Borrower,
the Administrative Agent and each Lender and their respective permitted successors and assigns.

 

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Section 9.04       
Successors and Assigns.

 

(a)              
 The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns permitted hereby, except that (i) other than as permitted by Section 6.05, the Borrower
may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative
Agent and each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and
(ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section 9.04.
Nothing in this Agreement, expressed or implied, shall be construed to confer upon any person (other than the parties hereto, their
respective successors and assigns permitted hereby, Participants (to the extent provided in clause (c) of this Section 9.04),
and, to the extent expressly contemplated hereby, the Related Parties of each of the Agents and the Lenders) any legal or equitable
right, remedy or claim under or by reason of this Agreement or the other Loan Documents.

 

(b)              
(i)          Subject to the conditions set forth in subclause (ii) below, any Lender may assign to one or more assignees
(each, an “Assignee”) all or a portion of its rights and obligations under this Agreement (including all or
a portion of its Commitments and the Term Loans at the time owing to it) with the prior written consent of:

 

(A)            
the Borrower (such consent not to be unreasonably withheld, delayed or conditioned), which consent will be deemed
to have been given if the Borrower has not responded within five (5) Business Days after the delivery of any request for such consent;
provided, that no consent of the Borrower shall be required (x) for an assignment of a Term Loan to a Lender, an Affiliate
of a Lender, an Approved Fund (as defined below) or (y) if an Event of Default under Section 7.01(b), (c), (h)
or (i) has occurred and is continuing, for an assignment to any person; and

 

(B)             
the Administrative Agent (such consent not to be unreasonably withheld or delayed); provided, that no consent
of the Administrative Agent shall be required for an assignment of all or any portion of a Term Loan to a Lender, an Affiliate
of a Lender, or an Approved Fund.

 

(ii)             
Assignments shall be subject to the following additional conditions:

 

(A)             except
in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund or an assignment of the entire
remaining amount of the assigning Lender’s Commitments or Term Loans under any Facility, the amount of the applicable
Commitments or Term Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment
and Acceptance with respect to such assignment is delivered to the Administrative Agent) shall not be less than $1,000,000 or
an integral multiple of $1,000,000 in excess thereof, unless each of the Borrower and the Administrative Agent otherwise
consent; provided, that no such consent of the Borrower shall be required if an Event of Default under Section 7.01(b),
(c), (h) or (i) has occurred and is continuing; provided, further, that such amounts shall be aggregated in respect of
each Lender and its Affiliates or Approved Funds (with simultaneous assignments to or by two or more Related Funds being
treated as one assignment), if any;

 

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(B)             
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; provided, that this clause (B) shall not be construed to prohibit the
assignment of a proportionate part of all the assigning Lender’s rights and obligations in respect of one Class of Commitments
or Term Loans;

 

(C)             
the parties to each assignment shall (1) execute and deliver to the Administrative Agent an Assignment and Acceptance
and any form required to be delivered pursuant to Section 2.17 via an electronic settlement system acceptable to the
Administrative Agent or (2) if previously agreed with the Administrative Agent, manually execute and deliver to the Administrative
Agent an Assignment and Acceptance, in each case together with a processing and recordation fee of $3,500 (which fee may be waived
or reduced in the sole discretion of the Administrative Agent);

 

(D)            
the Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire
in which the assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material
non-public information about the Borrower and its Affiliates and their Related Parties or their respective securities) will be
made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable
laws, including Federal and state securities laws; and

 

(E)             
the Assignee shall not be (i) the Borrower or any of the Borrower’s Affiliates or Subsidiaries except in accordance
with Section 9.04(g), (ii) any Disqualified Institution (but solely to the extent the DQ List has been made available
to the assigning Lender pursuant to Section 9.04(i)) or (iii) a natural person (or a holding company, investment vehicle
or trust for, or owned and operated by or for the primary benefit of one or more natural persons).

 

For the purposes of this Section 9.04,
 “Approved Fund” means any person (other than a natural person) that is engaged in making, purchasing, holding
or investing in bank loans and similar extensions of credit in the ordinary course and that is administered or managed by (a) a
Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.

 

Any assigning Lender shall, in
connection with any potential assignment, provide to the Borrower a copy of its request (including the name of the
prospective assignee) concurrently with its delivery of the same request to the Administrative Agent irrespective of whether
or not an Event of Default under Section 7.01(b), (c), (h) or (i) has occurred and is
continuing.

 

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(iii)           
Subject to acceptance and recording thereof pursuant to subclause (v) below, from and after the effective date specified
in each Assignment and Acceptance the Assignee thereunder shall be a party hereto and, to the extent of the interest assigned by
such Assignment and Acceptance, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder
shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement
(and, in the case of an Assignment and Acceptance covering all of the assigning Lender’s rights and obligations under this
Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.15,
2.16, 2.17 and 9.05 (subject to the limitations and requirements of those Sections, including, without limitation,
the requirements of Section 2.17(e))). Any assignment or transfer by a Lender of rights or obligations under this Agreement
that does not comply with this Section 9.04 shall be treated for purposes of this Agreement as a sale by such Lender
of a participation in such rights and obligations in accordance with clause (c) of this Section 9.04 (except to the
extent such participation is not permitted by such clause (c) of this Section 9.04 (other than any provision in such
clause (c) relating to Disqualified Institutions), in which case such assignment or transfer shall be null and void).

 

(iv)            
The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower, shall maintain
at one of its offices a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names
and addresses of the Lenders, and the Commitments of, and principal and interest amounts of the Term Loans owing to, each Lender
pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive
absent manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat each person whose name is recorded
in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to
the contrary. The Register shall be available for inspection by the Borrower and any Lender (with respect to its own interests
only), at any reasonable time and from time to time upon reasonable prior notice.

 

(v)               Upon
its receipt of a duly completed Assignment and Acceptance executed by an assigning Lender and an Assignee, the
Assignee’s completed Administrative Questionnaire (unless the Assignee shall already be a Lender hereunder), the
processing and recordation fee referred to in clause (b)(ii)(C) of this Section 9.04, if applicable, and any
written consent to such assignment required by clause (b) of this Section 9.04, the Administrative Agent shall
accept such Assignment and Acceptance and promptly record the information contained therein in the Register; provided,
that if either the assigning Lender or the assignee shall have failed to make any payment required to be made by it pursuant
to Section 2.06(b) or 2.18(d), the Administrative Agent shall have no obligation to accept such Assignment
and Acceptance and record the information therein in the Register unless and until such payment shall have been made in full,
together with all accrued interest thereon. No assignment, whether or not evidenced by a promissory note, shall be effective
for purposes of this Agreement unless it has been recorded in the Register as provided in this subclause (v).

 

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(c)              
(i)          Any Lender may, without the consent of the Borrower or
the Administrative Agent, sell participations in Term Loans and Commitments to one or more banks or other entities other than
any person that, at the time of such participation, is (I) the Borrower or any of its Subsidiaries or any of their respective
Affiliates or (II) a Disqualified Institution (but solely to the extent the DQ List has been posted to the Platform pursuant to
Section 9.04(i)) (a “Participant”) in all or a portion of such Lender’s rights and/or obligations
under this Agreement (including all or a portion of its Commitments and the Term Loans owing to it); provided, that (A)
such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to
the other parties hereto for the performance of such obligations and (C) the Borrower, the Administrative Agent and the other
Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations
under this Agreement. Any agreement pursuant to which a Lender sells such a participation shall provide that such Lender shall
retain the sole right to enforce this Agreement and the other Loan Documents and to approve any amendment, modification or waiver
of any provision of this Agreement and the other Loan Documents; provided, that (x) such agreement may provide that such
Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver that both (1) requires
the consent of each Lender directly adversely affected thereby pursuant to the first proviso to Section 9.08(b) and
(2) directly affects such Participant (but, for the avoidance of doubt, not any waiver of any Default or Event of Default) and
(y) no other agreement with respect to amendment, modification or waiver may exist between such Lender and such Participant. Subject
to clause (c)(iii) of this Section 9.04, the Borrower agrees that each Participant shall be entitled to the benefits
of Sections 2.15, 2.16 and 2.17 (subject to the limitations and requirements of those Sections and Section 2.19,
including, without limitation, the requirements of Section 2.17(e) (it being understood that the documentation required
under Section 2.17(e) shall be delivered solely to the participating Lender)) to the same extent as if it were a Lender
and had acquired its interest by assignment pursuant to clause (b) of this Section 9.04. To the extent permitted by
law, each Participant also shall be entitled to the benefits of Section 9.06 as though it were a Lender; provided,
that such Participant shall be subject to Section 2.18(c) as though it were a Lender.

 

(ii)              Each
Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a
register on which it enters the name and address of each Participant and the principal amounts and interest amounts of each
Participant’s interest in the Term Loans or other obligations under the Loan Documents (the “Participant
Register”). The entries in the Participant Register shall be conclusive absent manifest error, and such Lender
shall treat each person whose name is recorded in the Participant Register as the owner of such participation for all
purposes of this Agreement notwithstanding any notice to the contrary. Without limitation of the requirements of this Section 9.04(c),
no Lender shall have any obligation to disclose all or any portion of a Participant Register to any person (including the
identity of any Participant or any information relating to a Participant’s interest in any Commitments, Term Loans or
other Loan Obligations under any Loan Document), except to the extent that such disclosure is necessary to establish that
such Commitment, Term Loan or other Loan Obligation is in registered form under Section 5f.103-1(c) of the United States
Treasury Regulations. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall
have no responsibility for maintaining a Participant Register.

 

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(iii)           
A Participant shall not be entitled to receive any greater payment under Sections 2.15, 2.16 or
2.17 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant,
except to the extent (i) such greater entitlement results from a Change in Law after the date on which such participation is acquired
or (ii) the sale of the participation to such Participant is made with the Borrower’s prior written consent (not to be unreasonably
withheld or delayed), which consent shall state that it is being given pursuant to this Section 9.04(c)(iii); provided,
that each potential Participant shall provide such information as is reasonably requested by the Borrower in order for the Borrower
to determine whether to provide its consent.

 

(d)              
Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement
to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank (or other
central bank) and in the case of any Lender that is an Approved Fund, any pledge or assignment to any holders of obligations owed,
or securities issued, by such Lender, including to any trustee for, or any other representative of, such holders, and this Section 9.04
shall not apply to any such pledge or assignment of a security interest; provided, that no such pledge or assignment of
a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or Assignee for
such Lender as a party hereto.

 

(e)              
The Borrower, upon receipt of written notice from the relevant Lender, agrees to issue Notes to any Lender requiring
Notes to facilitate transactions of the type described in clause (d) above.

 

(f)               
Notwithstanding the foregoing, any Conduit Lender may assign any or all of the Term Loans it may have funded hereunder
to its designating Lender without the consent of the Borrower or the Administrative Agent. Each of the Borrower, each Lender and
the Administrative Agent hereby confirms that it will not institute against a Conduit Lender or join any other person in instituting
against a Conduit Lender any bankruptcy, reorganization, arrangement, insolvency, administration or liquidation proceeding under
any insolvency or state bankruptcy or similar law, for one year and one day after the payment in full of the latest maturing commercial
paper note issued by such Conduit Lender; provided, however, that each Lender designating any Conduit Lender hereby
agrees to indemnify, save and hold harmless each other party hereto and each Loan Party for any loss, cost, damage or expense arising
out of its inability to institute such a proceeding against such Conduit Lender during such period of forbearance.

 

(g)              
Notwithstanding anything to the contrary contained in this Section 9.04 or any other provision of this
Agreement, so long as no Default or Event of Default has occurred and is continuing or would result therefrom, each 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 Parent or its Subsidiaries
on a non-pro rata basis subject to the following limitations:

 

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(i)                
 Parent or its Subsidiaries may conduct 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 Lenders
and (B) the Auction shall be conducted pursuant to such procedures as the Auction Manager may establish which are consistent with
this Section 9.04(g) and the Auction Procedures set forth on Exhibit M and are otherwise reasonably acceptable
to the Borrower, the Auction Manager, and the Administrative Agent;

 

(ii)             
With respect to all repurchases made by Parent and its Subsidiaries pursuant to this Section 9.04(g),
(A) the Borrower shall deliver to the Auction Manager a certificate of a Responsible Officer stating that (1) no Default or Event
of Default has occurred and is continuing or would result from such repurchase and (2) as of the launch date of the related Auction
and the effective date of any Auction Assignment and Acceptance, it is not in possession of any non-public information regarding
Parent, its Subsidiaries or its Affiliates, or their assets, the Borrower’s ability to perform its Obligations or any other
matter that may be material to a decision by any Lender to participate in any Auction or enter into any Auction Assignment and
Acceptance or any of the transactions contemplated thereby that has not previously been disclosed to the Auction Manager, Administrative
Agent and the Lenders or, if it is unable to make such representation, inform the assignor Lender of such inability and the assignor
Lender will deliver written assurance that it is a sophisticated investor and is willing to proceed with the assignment notwithstanding
the absence of such representation and (B) the assigning Lender and Parent or its Subsidiary, as applicable, shall execute and
deliver to the Auction Manager and the Administrative Agent an Auction Assignment and Acceptance; and

 

(iii)           
Following any repurchase by Parent or its Subsidiaries pursuant to this Section 9.04(g), the 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 the Borrower), for all purposes of this Agreement and all other Loan Documents, including, but not limited
to (A) the making of, or the application of, any payments to the Lenders under this Agreement or any other Loan Document, (B) the
making of any request, demand, authorization, direction, notice, consent or waiver under this Agreement or any other Loan Document
or (C) 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 repurchased and cancelled pursuant to this Section 9.04(g), the Administrative Agent
is authorized to make appropriate entries in the Register to reflect any such cancellation.

 

(h)              
[Reserved].

 

(i)                 (i)
No assignment shall be made to any person that was a Disqualified Institution as of the date (the “Trade
Date”) on which the applicable Lender entered into a binding agreement to sell and assign or participate all or a
portion of its rights and obligations under this Agreement to such person (unless the Borrower has consented to such
assignment as otherwise contemplated by this Section 9.04, in which case such person will not be considered a
Disqualified Institution for the purpose of such assignment). Any assignment in violation of this clause (i)(i) shall not be
void, but the other provisions of this clause (i) shall apply.

 

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(ii)             
If any assignment is made to any Disqualified Institution without the Borrower’s prior consent in violation
of clause (i) above, or if any person becomes a Disqualified Institution after the applicable Trade Date, the Borrower may, upon
notice to the applicable Disqualified Institution and the Administrative Agent, (A) in the case of outstanding Term Loans held
by Disqualified Institutions, prepay such Term Loan by paying the lesser of (x) the principal amount thereof and (y) the amount
that such Disqualified Institution paid to acquire such Term Loans, in each case plus accrued interest, accrued fees and all other
amounts (other than principal amounts) payable to it hereunder and under the other Loan Documents and/or (B) require such Disqualified
Institution to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in this Section 9.04),
all of its interest, rights and obligations under this Agreement and related Loan Documents to an Assignee that shall assume such
obligations at the lesser of (x) the principal amount thereof and (y) the amount that such Disqualified Institution paid to acquire
such interests, rights and obligations, in each case plus accrued interest, accrued fees and all other amounts (other than principal
amounts) payable to it hereunder and other the other Loan Documents; provided that (i) such assignment does not conflict with
applicable law and (ii) in the case of clause (A), the Borrower shall not use the proceeds from any Term Loans to prepay Term
Loans held by Disqualified Institutions. The processing and recordation fee (if any) specified in Section 9.04(b) shall
be waived with respect to any assignment pursuant to this Section 9.04(i)(ii).

 

(iii)            Notwithstanding
anything to the contrary contained in this Agreement, Disqualified Institutions (A) will not have the right to (x) receive
information, reports or other materials provided to Lenders by the Borrower, the Administrative Agent or any other Lender,
(y) attend or participate in meetings attended by the Lenders and the Administrative Agent, or (z) access any electronic site
established for the Lenders or confidential communications from counsel to or financial advisors of the Administrative Agent
or the Lenders and (B) (x) for purposes of any consent to any amendment, waiver or modification of, or any action under, and
for the purpose of any direction to the Administrative Agent or any Lender to undertake any action (or refrain from taking
any action) under this Agreement or any other Loan Document, each Disqualified Institution will be deemed to have consented
in the same proportion as the Lenders that are not Disqualified Institutions consented to such matter, and (y) for purposes
of voting on any plan of reorganization or plan of liquidation pursuant to any Debtor Relief Laws (“Plan of
Reorganization”), each Disqualified Institution party hereto hereby agrees (1) not to vote on such Plan of
Reorganization, (2) if such Disqualified Institution does vote on such Plan of Reorganization notwithstanding the restriction
in the foregoing clause (1), such vote will be deemed not to be in good faith and shall be “designated” pursuant
to Section 1126(e) of the Bankruptcy Code (or any similar provision in any other Debtor Relief Laws), and such vote shall not
be counted in determining whether the applicable class has accepted or rejected such Plan of Reorganization in accordance
with Section 1126(c) of the Bankruptcy Code (or any similar provision in any other Debtor Relief Laws) and (3) not to contest
any request by any party for a determination by the Bankruptcy Court (or other applicable court of competent jurisdiction)
effectuating the foregoing clause (2).

 

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(iv)            
The Administrative Agent shall post the list of Disqualified Institutions provided by the Borrower and any updates
thereto from time to time (the “DQ List”) on the Platform to “public siders” and/or “private
siders” and/or provide the DQ List to each Lender requesting the same.

 

Section 9.05       
Expenses; Indemnity.

 

(a)              
The Borrower shall reimburse (a) all reasonable and documented out-of-pocket expenses of the Administrative Agent,
the Collateral Agent and each Arranger (including due diligence expenses, syndication expenses, travel expenses and reasonable
fees, charges and disbursements of one firm of counsel for the Administrative Agent, the Collateral Agent and the Arrangers (and
one local counsel in any relevant jurisdiction), and, solely in the case of an actual or potential conflict of interest, of one
additional counsel (and one additional local counsel in any relevant jurisdiction)) incurred in connection with the preparation
of this Agreement and the other Loan Documents or the administration, amendment, modification or waiver thereof and (b) if an Event
of Default occurs, all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent, the Collateral Agent
and each Lender, including the fees and disbursements of one firm of counsel (and one local counsel in any relevant jurisdiction)
and, solely in the case of an actual or potential conflict of interest, of one additional counsel (and, if reasonably necessary,
one additional local counsel in any relevant jurisdiction) in connection with such Event of Default and collection, bankruptcy,
insolvency, administration and other enforcement proceedings resulting therefrom.

 

(b)               The
Borrower shall indemnify and hold harmless each Lender, the Administrative Agent (and any sub-agent thereof), the Collateral
Agent (and any sub-agent thereof), each Arranger and each of their respective affiliates and their respective officers,
directors, employees, advisors, and agents (each, an “Indemnified Person”) from and against any and all
losses, claims, damages and liabilities (including Environmental Liabilities) and related reasonable and documented
out-of-pocket expenses (limited, in the case of legal counsel, to the reasonable and documented out-of-pocket fees, charges
and disbursements of one (1) primary counsel for the Indemnified Persons taken as a whole and, if deemed reasonably necessary
by the Indemnified Persons, of one (1) local counsel to the Indemnified Persons taken as a whole in each relevant
jurisdiction and, in the event of any actual or potential conflict of interest, one (1) additional counsel for the parties
subject to such conflict, taken as a whole) to which any such Indemnified Person may become subject arising out of or in
connection with the execution or delivery of this Agreement, any other Loan Documents (including, but not limited to, any
notice given or purportedly given by or on behalf of the Borrower), the consummation of the transactions contemplated hereby
or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its related parties only, the
administration of this Agreement and the other Loan Documents (including in respect of any matters addressed in Section 2.17),
the use of the proceeds of Term Loans thereunder or any claim, litigation, investigation or proceeding relating to any of the
foregoing, regardless of whether any Indemnified Person is a party thereto and regardless of whether brought by a third party
or by Parent or any of its affiliates (any of the foregoing, a “Proceeding”), and to reimburse each
Indemnified Person upon demand for any reasonable and documented legal or other expenses incurred in connection with
investigating or defending any of the foregoing; provided that (i) the foregoing indemnity will not, as to any
Indemnified Person, apply to losses, claims, damages, liabilities or related expenses (A) to the extent they are found by a
final, non-appealable judgment of a court of competent jurisdiction to arise from the bad faith, willful misconduct or gross
negligence of such Indemnified Person or any of its Related Persons, (B) to the extent resulting from any Proceeding that
does not involve an act or omission of Parent or any of its Affiliates and that is brought by an Indemnified Person solely
against another Indemnified Person, other than claims against the Administrative Agent, any Arranger or any other agent in
its capacity in fulfilling its role as an agent or Arranger under the Loan Documents or (C) to the extent resulting from a
material breach by such Indemnified Person or any Related Person thereof of its obligations under the Loan Documents as found
by a final, non-appealable judgment of a court of competent jurisdiction. The provisions of this Section 9.05
shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the
consummation of the transactions contemplated hereby, the repayment of any of the Obligations, the occurrence of the
Termination Date, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document,
or any investigation made by or on behalf of the Administrative Agent or any Lender. All amounts due under this Section 9.05
shall be payable within 15 days after written demand therefor accompanied by reasonable documentation with respect to any
reimbursement, indemnification or other amount requested. A “Related Person” of an Indemnified Person
shall mean (a) any controlling person, controlled affiliate or subsidiary of such Indemnified Person, (b) the respective
directors, officers or employees of such Indemnified Person or any of its subsidiaries, controlled affiliates or controlling
persons and (c) the respective agents and advisors of such Indemnified Person or any of its subsidiaries, controlled
affiliates or controlling persons.

 

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(c)              
This Section 9.05 shall not apply to any Taxes (other than Taxes that represent losses, claims, damages,
liabilities and related expenses resulting from a non-Tax claim).

 

(d)              
The Loan Parties shall not be liable to the Arrangers or any Indemnified Person for any special, indirect, consequential
or punitive damages in connection with the Loan Documents; provided that this sentence shall not limit the Borrower’s indemnification
obligations as set forth in this Section 9.05. To the fullest extent permitted by applicable law, the Borrower shall
not assert, and hereby waive, any claim against any Indemnified Person, on any theory of liability, for special, indirect, consequential
or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement,
any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any
Term Loan or the use of the proceeds thereof. No Indemnified Person 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 (including the internet) in connection with this Agreement or the other Loan Documents or the transactions
contemplated hereby or thereby (other than for direct or actual damages resulting from the bad faith, gross negligence or willful
misconduct of such Indemnified Person or any Related Person thereof as found by a final, non-appealable judgment of a court of
competent jurisdiction), it being understood that the use of electronic telecommunications or other information transmission systems
will not itself constitute bad faith, gross negligence or willful misconduct.

 

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(e)              
 The agreements in this Section 9.05 shall survive the resignation of the Administrative Agent or the
Collateral Agent, the replacement of any Lender, the termination of the Commitments and the repayment, satisfaction or discharge
of all the other Obligations, the occurrence of the Termination Date and the termination of this Agreement, any other Loan Document
or any provision hereof or thereof.

 

(f)               
To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under clauses (a) or
(b) of this Section 9.05 to be paid by it to the Administrative Agent (or any sub-agent thereof) or any Related Party
of the Administrative Agent, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent) or such Related
Party, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense
or indemnity payment is sought based on each Lender’s share of the outstanding Term Loans at such time) of such unpaid amount
(including any such unpaid amount in respect of a claim asserted by such Lender), such payment to be made severally among them
based on such Lenders’ share of the outstanding Term Loans at such time (determined as of the time that the applicable unreimbursed
expense or indemnity payment is sought), 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) or against
any Related Party acting for the Administrative Agent (or any such sub-agent) in connection with such capacity.

 

Section 9.06       
Right of Set-off. If an Event of Default shall have occurred and be continuing, each Lender and each of their
respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law,
to set off and apply any and all deposits (general or special, time or demand, provisional or final and in whatever currency denominated)
at any time held and other obligations at any time owing by such Lender to or for the credit or the account of the Borrower or
any Subsidiary against any of and all the obligations of the Borrower now or hereafter existing under this Agreement or any other
Loan Document held by such Lender, irrespective of whether or not such Lender shall have made any demand under this Agreement or
such other Loan Document and although the obligations may be unmatured; provided, that any recovery by any Lender or any
Affiliate pursuant to its setoff rights under this Section 9.06 is subject to the provisions of Section 2.18(c).

 

Section 9.07       
Applicable Law. THIS AGREEMENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSES OF ACTION (WHETHER IN CONTRACT
OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT, SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED
BY THE LAWS OF THE STATE OF NEW YORK.

 

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Section 9.08       
Waivers; Amendment.

 

(a)               No
failure or delay of the Administrative Agent, the Collateral Agent, any Arranger or any Lender in exercising any right or
power hereunder or under any Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any
such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or
further exercise thereof or the exercise of any other right or power. The rights and remedies of the Administrative Agent,
the Collateral Agent, each Arranger and the Lenders hereunder and under the other Loan Documents are cumulative and are not
exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or any other
Loan Document or consent to any departure by the Borrower or any other Loan Party therefrom shall in any event be effective
unless the same shall be permitted by clause (b) below, and then such waiver or consent shall be effective only in the
specific instance and for the purpose for which given. No notice or demand on the Borrower or any other Loan Party in any
case shall entitle such person to any other or further notice or demand in similar or other circumstances. Without limiting
the generality of the foregoing, the making of a Term Loan shall not be construed as a waiver of any Default or Event of
Default, regardless of whether the Administrative Agent, the Collateral Agent, any Arranger or any Lender may have had notice
or knowledge of such Default or Event of Default at the time.

 

(b)              
Neither this Agreement nor any other Loan Document nor any provision hereof or thereof may be waived, amended or
modified except (x) as provided in Sections 2.21, 2.22 or 2.23, (y) in the case of this Agreement, pursuant
to an agreement or agreements in writing entered into by the Borrower, the Administrative Agent and the Required Lenders and (z)
in the case of any other Loan Document, pursuant to an agreement or agreements in writing entered into by each Loan Party party
thereto and the Administrative Agent and consented to by the Required Lenders; provided, however, that no such agreement
shall:

 

(i)                
decrease or forgive the principal amount of, or extend the final maturity of, or decrease the rate of interest on,
any Term Loan, without the prior written consent of each Lender directly adversely affected thereby (which, notwithstanding the
foregoing, such consent of such Lender directly adversely affected thereby shall be the only consent required hereunder to make
such modification); provided, that (x) any amendment to the financial definitions in this Agreement shall not constitute
a reduction in the rate of interest for purposes of this clause (i) even if the effect of such amendment would be to reduce the
rate of interest on any Term Loan or to reduce any fee payable hereunder and (y) only the consent of the Required Lenders shall
be necessary to reduce or waive any obligation of the Borrower to pay interest or fees at the applicable default rate set forth
in Section 2.13(c);

 

(ii)             
increase or extend the Commitment of any Lender, or decrease any fees of any Lender without the prior written consent
of such Lender directly adversely affected thereby (which, notwithstanding the foregoing, with respect to any such extension or
decrease, such consent of such Lender shall be the only consent required hereunder to make such modification); provided,
that waivers or modifications of conditions precedent, covenants, Defaults or Events of Default, mandatory prepayments or of a
mandatory reduction in the aggregate Commitments shall not constitute an increase or extension of the Commitments of any Lender
for purposes of this clause (ii);

 

(iii)            extend
or waive any Term Loan Installment Date or reduce the amount due on any Term Loan Installment Date, or extend any date on
which payment of interest (other than interest payable at the applicable default rate of interest set forth in Section 2.13(c))
on any Term Loan or any fees is due, without the prior written consent of each Lender directly adversely affected thereby
(which, notwithstanding the foregoing, such consent of such Lender directly adversely affected thereby shall be the only
consent required hereunder to make such modification);

 

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(iv)            
except in connection with the integration of Other Term Loan Commitments or Other Term Loans, in each case, that
are junior lien or unsecured, amend the provisions of Section 2.18(b) or (c) in a manner that would by its terms
alter the pro rata sharing of payments required thereby or the definition of “Pro Rata Share”, without the prior
written consent of each Lender directly adversely affected thereby;

 

(v)              
amend or modify the provisions of this Section 9.08 or the definition of the terms “Required Lenders,”
 “Majority Lenders” or any other provision hereof specifying the number or percentage of Lenders required to waive,
amend or modify any rights hereunder or make any determination or grant any consent hereunder, without the prior written consent
of each Lender (it being understood that, with the consent of the Required Lenders, additional extensions of credit pursuant to
this Agreement may be included in the determination of the Required Lenders on substantially the same basis as the Term Loans and
Commitments are included on the Closing Date); or

 

(vi)            
except as provided in Section 9.18, release all or substantially all of the Collateral or all or substantially
all of the value of the Guarantees provided by the Guarantors taken as a whole without the prior written consent of each Lender;

 

provided, further, that (a)
no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent or the Collateral Agent
hereunder without the prior written consent of the Administrative Agent or the Collateral Agent affected thereby, as applicable,
(b) Schedules 3.04, 3.05, 3.16, 6.01, 6.02(a), 6.04, 6.07 and 9.01 may be updated as expressly provided for in this Agreement.
Each Lender shall be bound by any waiver, amendment or modification authorized by this Section 9.08 and any consent
by any Lender pursuant to this Section 9.08 shall bind any Assignee of such Lender and (c) no such agreement shall
effect any waiver, amendment or modification that by its terms directly and adversely affects the rights in respect of payments
from proceeds of Collateral of a Cash Management Bank who provides supply chain finance programs that are Secured Cash Management
Agreements in a manner differently than the rights of the Lenders (except as provided in this Agreement as of the date hereof),
or release any Collateral solely with respect to such Cash Management Bank, unless (i) such Cash Management Bank or its Affiliate
has approved or consented to such agreement or release for purposes of this Agreement, (ii) such Cash Management Bank confirms
in writing to the Borrower and Administrative Agent that it consents to such amendment or release, (iii) such amendment or release
is in accordance with or pursuant to the terms of the relevant Cash Management Agreement or (iv) there are no obligations outstanding
in respect of such Cash Management Agreement (other than contingent obligations for which no claim has been made).

 

(c)              
Without the consent of any Lender, the Loan Parties and the Administrative Agent and the Collateral Agent may (in
their respective sole discretion, or shall, to the extent required by any Loan Document) enter into any amendment, modification,
supplement or waiver of any Loan Document, or enter into any new agreement or instrument, to:

 

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(i)                
 effect the granting, perfection, protection, expansion or enhancement of any security interest in any Collateral
or additional property to become Collateral for the benefit of the Secured Parties,

 

(ii)             
include holders of Other First Liens or (to the extent necessary or advisable under applicable local law) Junior
Liens in the benefit of the Security Documents in connection with the incurrence of any Other First Lien Debt or Indebtedness permitted
to be secured by Junior Liens and to give effect to any Intercreditor Agreement associated therewith,

 

(iii)           
as required by local law to give effect to, or protect, any security interest for the benefit of the Secured Parties
in any property or so that the security interests therein comply with applicable law or this Agreement or in each case to otherwise
enhance the rights or benefits of any Lender under any Loan Document, or

 

(iv)            
remove references to the 2026 Noteholders, the 2026 Notes, the 2026 Notes Indenture and the 2026 Notes Trustee and
related provisions from any Loan Document in the event the 2026 Notes are no longer required to be secured equally and ratably
with the Loan Obligations under the terms of the 2026 Notes Indenture.

 

(d)              
Notwithstanding the foregoing, this Agreement may be amended (or amended and restated) with the written consent of
the Required Lenders, the Administrative Agent and the Borrower (i) to permit additional extensions of credit to be outstanding
hereunder from time to time and the accrued interest and fees and other obligations in respect thereof to share ratably in the
benefits of this Agreement and the other Loan Documents with the Term Loans and the accrued interest and fees and other obligations
in respect thereof and (ii) to include appropriately the holders of such extensions of credit in any determination of the requisite
lenders required hereunder, including Required Lenders, and for purposes of the relevant provisions of Section 2.18(b).

 

(e)              
Notwithstanding the foregoing, modifications to the Loan Documents may be made with the consent of the Borrower and
the Administrative Agent (but without the consent of any Lender) to the extent necessary (A) to integrate any Other Term Loan Commitments
and Other Term Loans in a manner consistent with Sections 2.21, 2.22 and 2.23 as may be necessary to
establish such Other Term Loan Commitments and Other Term Loans as a separate Class or tranche from the existing Term Facility
Commitments or Term Loans, as applicable, and, in the case of Extended Term Loans, to reduce the amortization schedule of the related
existing Class of Term Loans proportionately, (B) to integrate any Other First Lien Debt or (C) to cure any ambiguity, omission,
error, typographical error, defect or inconsistency.

 

(f)                Each
of the parties hereto hereby agrees that the Administrative Agent may take any and all action as may be necessary to ensure
that all Term Loans established pursuant to Section 2.21 after the Closing Date that will be included in an
existing Class of Term Loans outstanding on such date (an “Applicable Date”), when originally made, are
included in each Borrowing of outstanding Term Loans of such Class (the “Existing Class Loans”), on a pro
rata basis, and/or to ensure that, immediately after giving effect to such new Term Loans (the “New Class
Loans” and, together with the Existing Class Loans, the “Class Loans”), each Lender holding
Class Loans will be deemed to hold its Pro Rata Share of each Class Loan on the Applicable Date (but without changing the
amount of any such Lender’s Term Loans), and each such Lender shall be deemed to have effectuated such assignments as
shall be required to ensure the foregoing. The “Pro Rata Share” of any Lender on the Applicable Date is
the ratio of (1) the sum of such Lender’s Existing Class Loans immediately prior to the Applicable Date plus the amount
of New Class Loans made by such Lender on the Applicable Date over (2) the aggregate principal amount of all Class Loans on
the Applicable Date.

 

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Section 9.09       
Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the applicable interest
rate, together with all fees and charges that are treated as interest under applicable law (collectively, the “Charges”),
as provided for herein or in any other document executed in connection herewith, or otherwise contracted for, charged, received,
taken or reserved by any Lender, shall exceed the maximum lawful rate (the “Maximum Rate”) that may be contracted
for, charged, taken, received or reserved by such Lender in accordance with applicable law, the rate of interest payable hereunder,
together with all Charges payable to such Lender, shall be limited to the Maximum Rate; provided, that such excess amount
shall be paid to such Lender on subsequent payment dates to the extent not exceeding the legal limitation. In determining whether
the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such person
may, to the extent permitted by applicable law, (a) characterize any payment that is not principal as an expense, fee, or premium
rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread
in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.

 

Section 9.10       
Entire Agreement. This Agreement, the other Loan Documents and the agreements regarding certain fees referred
to herein constitute the entire contract between the parties relative to the subject matter hereof. Any previous agreement among
or representations from the parties or their Affiliates with respect to the subject matter hereof is superseded by this Agreement
and the other Loan Documents. Nothing in this Agreement or in the other Loan Documents, expressed or implied, is intended to confer
upon any party other than the parties hereto and thereto (and the Indemnified Persons) rights, remedies, obligations or liabilities
under or by reason of this Agreement or the other Loan Documents.

 

Section 9.11       
WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW,
ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION
WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO
(A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER
PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES
HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE
MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11.

 

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Section 9.12       
Severability. In the event any one or more of the provisions contained in this Agreement or in any other
Loan Document should be held invalid, illegal or unenforceable in any respect in any jurisdiction, the validity, legality and
enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby as
to such jurisdiction, and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision
in any other jurisdiction. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable
provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable
provisions.

 

Section 9.13       
Counterparts; Electronic Execution.

 

This Agreement and
any document, amendment, approval, consent, information, notice, certificate, request, statement, disclosure or authorization related
to this Agreement (each a “Communication”), including Communications required to be in writing, may be in the
form of an Electronic Record and may be executed using Electronic Signatures. Each of the Loan Parties agrees that any Electronic
Signature on or associated with any Communication shall be valid and binding on each of the Loan Parties to the same extent as
a manual, original signature, and that any Communication entered into by Electronic Signature, will constitute the legal, valid
and binding obligation of each of the Loan Parties enforceable against such in accordance with the terms thereof to the same extent
as if a manually executed original signature was delivered.   Any Communication may be executed in as many counterparts
as necessary or convenient, including both paper and electronic counterparts, but all such counterparts are one and the same Communication,
each of which shall constitute an original but all of which, when taken together, shall constitute but one contract, and shall
become effective as provided in Section 9.03.  For the avoidance of doubt, the authorization under this paragraph may include,
without limitation, use or acceptance by the Administrative Agent and each of the Secured Parties of a manually signed paper Communication
which has been converted into electronic form (such as scanned into PDF format), or an electronically signed Communication converted
into another format, for transmission, delivery and/or retention. The Administrative Agent and each of the Secured Parties may,
at its option, create one or more copies of any Communication in the form of an imaged Electronic Record (“Electronic
Copy”), which shall be deemed created in the ordinary course of the such Person’s business, and destroy the original
paper document.  All Communications in the form of an Electronic Record, including an Electronic Copy, shall be considered
an original for all purposes, and shall have the same legal effect, validity and enforceability as a paper record. Notwithstanding
anything contained herein to the contrary, the Administrative Agent is under no obligation to accept an Electronic Signature in
any form or in any format unless expressly agreed to by the Administrative Agent pursuant to procedures approved by it; provided,
further, without limiting the foregoing, (a) to the extent the Administrative Agent has agreed to accept such Electronic Signature,
the Administrative Agent and each of the Secured Parties shall be entitled to rely on any such Electronic Signature purportedly
given by or on behalf of any Loan Party without further verification and (b) upon the request of the Administrative Agent or any
Lender, any Electronic Signature shall be promptly followed by such manually executed counterpart.  For purposes hereof, “Electronic
Record” and “Electronic Signature” shall have the meanings assigned to them, respectively, by 15 USC
 §7006, as it may be amended from time to time.

 

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Section 9.14       
Headings.

 

Article and Section headings and the Table
of Contents used herein are for convenience of reference only, are not part of this Agreement and are not to affect the construction
of, or to be taken into consideration in interpreting, this Agreement.

 

Section 9.15       
Jurisdiction; Consent to Service of Process.

 

(a)              
Each of the parties hereto irrevocably and unconditionally submits to the jurisdiction of the courts of the State
of New York sitting in New York County, Borough of Manhattan, and of the United States District Court of the Southern
District of New York, sitting in New York County, Borough of Manhattan, and any appellate court from any thereof, and each
of the parties hereto hereby irrevocably waives the right to any other jurisdiction to which it may be entitled by reason of domicile,
place of residence or any other reason and agrees that all claims in respect of any such action, litigation 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 irrevocably and unconditionally agrees that it will not commence any action, litigation or proceeding
of any kind or description, whether in law or equity, whether in contract or in tort or otherwise, against the other parties or
any Affiliate thereof in any way relating to this Agreement or any other Loan Document or the transactions relating hereto or thereto,
in any forum other than such courts. Each of the parties hereto agrees that a final judgment in any such action, litigation 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 or any Lender
may otherwise have to bring any action or proceeding relating to this Agreement or any other Loan Document against the Borrower
or any other Loan Party or its properties in the courts of any competent jurisdiction.

 

(b)              
Each of the parties hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and
effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising
out of or relating to this Agreement or the other Loan Documents in any court referred to in paragraph (a) of this Section 9.15.
Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum
to the maintenance of such action or proceeding in any such court.

 

(c)              
Each party to this Agreement 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 to this Agreement or any other Loan Document to serve process in any
other manner permitted by law.

 

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Section 9.16        Confidentiality.
Each of the Lenders and each of the Agents agrees that it shall maintain in confidence any information relating to Parent,
the Borrower and any Subsidiary or their respective businesses furnished to it by or on behalf of Parent, the Borrower or any
Subsidiary (other than information that (a) has become generally available to the public other than as a result of a
disclosure by such party, (b) has been independently developed by such Lender or such Agent without violating this Section 9.16
or (c) was available to such Lender or such Agent from a third party having, to such person’s knowledge, no obligations
of confidentiality to the Borrower or any other Loan Party) and shall not reveal the same other than to its Related Parties
and any numbering, administration or settlement service providers or to any person that approves or administers the Term
Loans on behalf of such Lender (so long as each such person shall have been instructed to keep the same confidential in
accordance with this Section 9.16), except: (A) to the extent necessary to comply with applicable laws or any
legal process or the requirements of any Governmental Authority purporting to have jurisdiction over such person or its
Related Parties, the National Association of Insurance Commissioners or of any securities exchange on which securities of the
disclosing party or any Affiliate of the disclosing party are listed or traded, (B) as part of reporting or review procedures
to, or examinations by, Governmental Authorities or self-regulatory authorities, including the National Association of
Insurance Commissioners or the National Association of Securities Dealers, Inc., (C) to its parent companies, Affiliates and
their Related Parties including auditors, accountants, legal counsel and other advisors (so long as each such person shall
have been instructed to keep the same confidential in accordance with this Section 9.16), (D) in connection with
the exercise of any remedies under this Agreement or any other Loan Document or any suit, action or proceeding relating to
this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (E) to any pledgee under Section 9.04(d)
or any other prospective assignee of, or prospective Participant in, any of its rights under this Agreement (so long as such
person shall have been instructed to keep the same confidential in accordance with this Section 9.16), (F) to any
direct or indirect contractual counterparty (or its Related Parties) in Hedging Agreements or such contractual
counterparty’s professional advisor (so long as such contractual counterparty or professional advisor to such
contractual counterparty agrees to be bound by the provisions of this Section 9.16), (G) on a confidential basis
to (i) any rating agency in connection with rating Parent, the Borrower or their Subsidiaries or the facilities evidenced by
this Agreement or (ii) the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP
numbers with respect to the facilities evidenced by this Agreement, (H) with the prior written consent of the Borrower, (I)
to the extent routinely provided by the Agents, the Lenders and arrangers to data service providers, including league table
providers, that serve the lending industry and (J) to any other party to this Agreement.

 

Section 9.17        Platform;
Borrower Materials. The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers will make
available to the Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively,
 “Borrower Materials”) by posting the Borrower Materials on Intralinks or another similar electronic system
(the “Platform”), and (b) certain of the Lenders may be “public-side” Lenders (i.e.,
Lenders that do not wish to receive material non-public information with respect to the Borrower or its Subsidiaries or any
of their respective securities) (each, a “Public Lender”). The Borrower hereby agrees that it will
identify that portion of the Borrower Materials that may be distributed to the Public Lenders and that (i) all such Borrower
Materials 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, (ii) by marking Borrower Materials
 “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Arrangers and the Lenders
to treat such Borrower Materials as solely containing information that is either (A) publicly available information or (B)
not material (although it may be sensitive and proprietary) with respect to Parent or the Subsidiaries or any of their
respective securities for purposes of United States Federal securities laws (provided, however, that such
Borrower Materials shall be treated as set forth in Section 9.16, to the extent such Borrower Materials
constitute information subject to the terms thereof), (iii) all Borrower Materials marked “PUBLIC” are permitted
to be made available through a portion of the Platform designated “Public Investor”; and (iv) the Administrative
Agent and the Arrangers 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 designated “Public Investor.” THE PLATFORM IS PROVIDED
 “AS IS” AND “AS AVAILABLE.” THE ADMINISTRATIVE AGENT, ITS RELATED PARTIES AND THE ARRANGERS DO NOT
WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM
LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY,
INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD-PARTY RIGHTS OR
FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY THE ADMINISTRATIVE AGENT, ANY OR ITS RELATED PARTIES OR ANY ARRANGER
IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent, its Related Parties or
the Arrangers have any liability to Parent, the Borrower, any Lender or any other person for losses, claims, damages,
liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of any Loan Party’s or the
Administrative Agent’s transmission of Borrower Materials or notices through the Platform, any other electronic
platform or electronic messaging service, or through the Internet.

 

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Section 9.18       
Release of Liens and Guarantees.

 

(a)               The
Lenders and the other Secured Parties hereby irrevocably agree that the Liens granted to the Collateral Agent by the Loan
Parties on any Collateral shall (1) be automatically released: (i) in full upon the occurrence of the Termination Date as set
forth in Section 9.18(d) below; (ii) upon the Disposition (other than any lease or license) of such Collateral by
any Loan Party to a person that is not (and is not required to become) a Loan Party in a transaction permitted by this
Agreement (and the Collateral Agent may rely conclusively on a certificate to that effect provided to it by any Loan Party
upon its reasonable request without further inquiry), (iii) to the extent that such Collateral comprises property leased or
licensed to a Loan Party, upon termination or expiration of such lease or license (and the Collateral Agent may rely
conclusively on a certificate to that effect provided to it by any Loan Party upon its reasonable request without further
inquiry), (iv) if the release of such Lien is approved, authorized or ratified in writing by the Required Lenders (or such
other percentage of the Lenders whose consent may be required in accordance with Section 9.08), (v) to the extent
that the property constituting such Collateral is owned by any Guarantor (other than Parent or the Borrower), upon the
release of such Guarantor from its obligations under the Guarantee in accordance with the Guarantee Agreement or clause (b)
below (and the Collateral Agent may rely conclusively on a certificate to that effect provided to it by any Loan Party upon
its reasonable request without further inquiry), (vi) as required by the Collateral Agent to effect any Disposition of
Collateral in connection with any exercise of remedies of the Collateral Agent pursuant to the Security Documents, (vii) upon
such Collateral becoming Excluded Property, and (viii) in the case of Permitted Receivables Facility Assets or Securitization
Assets, upon the Disposition thereof by any Loan Party to a Receivables Entity or Securitization Entity, as applicable, of
such Permitted Receivables Facility Assets or Securitization Assets, pursuant to a Qualified Receivables Facility or in
connection with a Qualified Securitization Transaction, in each case to the extent permitted hereunder, and (2) be released
in the circumstances, and subject to the terms and conditions, provided in Section 8.10 (and the Collateral Agent
may rely conclusively on a certificate to that effect provided to it by any Loan Party upon its reasonable request without
any further inquiry). Any such release shall not in any manner discharge, affect, or impair the Obligations or any Liens
(other than those being released) upon (or obligations (other than those being released) of the Loan Parties in respect of)
all interests retained by the Loan Parties, including the proceeds of any Disposition, all of which shall continue to
constitute part of the Collateral except to the extent otherwise released in accordance with the provisions of the Loan
Documents.

 

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(b)              
In addition, the Lenders and the other Secured Parties hereby irrevocably agree that any Guarantor (other than Parent)
shall be released from its respective Guarantee (i) automatically upon consummation of any transaction permitted hereunder (x)
resulting in such Subsidiary ceasing to constitute a Subsidiary or (y) in the case of any Guarantor (other than Parent and the
Borrower) which would not be required to be a Guarantor because it is or has become an Excluded Subsidiary, in each case following
a written request by the Borrower to the Administrative Agent requesting that such person no longer constitute a Guarantor and
certifying its entitlement to the requested release (and the Collateral Agent may rely conclusively on a certificate to the foregoing
effect without further inquiry); provided, that any such release pursuant to the preceding clause (y) shall only be effective
if (A) no Default or Event of Default has occurred and is continuing or would result therefrom, (B) such Subsidiary becoming an
Excluded Subsidiary is not prohibited by this Agreement and (C) the primary purpose (as reasonably determined by the Borrower)
of such transaction was not to release such Guarantor from its obligations under the Loan Documents (provided, that to the
extent such Subsidiary becomes an Excluded Subsidiary due to becoming non-wholly-owned, any transfer of the Equity Interests of
such Subsidiary shall be to a non-Affiliate)or
(ii) if the release of such Guarantor is approved, authorized or ratified by the Required Lenders (or such other percentage of
Lenders whose consent is required in accordance with Section 9.08).

 

(c)               The
Lenders and the other Secured Parties hereby authorize the Administrative Agent and the Collateral Agent, as applicable, to
execute and deliver any instruments, documents, and agreements necessary or desirable to evidence and confirm the release of
any Guarantor or Collateral pursuant to the foregoing provisions of this Section 9.18, all without the further
consent or joinder of any Lender or any other Secured Party. Upon the effectiveness of any such release, any representation,
warranty or covenant contained in any Loan Document relating to any such Collateral or Guarantor shall no longer be deemed to
be made. In connection with any release hereunder, the Administrative Agent and the Collateral Agent shall promptly (and the
Secured Parties hereby authorize the Administrative Agent and the Collateral Agent to) take such action and execute any such
documents as may be reasonably requested by the Borrower and at the Borrower’s expense in connection with the release
of any Liens created by any Loan Document in respect of such Loan Party, property or asset; provided, that (i) the
Administrative Agent shall have received a certificate of a Responsible Officer of Parent containing such certifications as
the Administrative Agent shall reasonably request, (ii) the Administrative Agent or the Collateral Agent shall not be
required to execute any such document on terms which, in the applicable Agent’s reasonable opinion, would expose such
Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse
or warranty, and (iii) such release shall not in any manner discharge, affect or impair the Obligations or any Liens upon (or
obligations of any Loan Party in respect of) all interests retained by any Loan Party, including (without limitation) the
proceeds of the sale, all of which shall continue to constitute part of the Collateral. Any execution and delivery of
documents pursuant to this Section 9.18(c) shall be without recourse to or warranty by the Administrative Agent
or Collateral Agent.

 

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(d)              
Notwithstanding anything to the contrary contained herein or any other Loan Document, on the Termination Date, upon
request of the Borrower, the Administrative Agent and/or the Collateral Agent, as applicable, shall (without notice to, or vote
or consent of, any Secured Party) take such actions as shall be required to release its security interest in all Collateral, and
to release all obligations under any Loan Document, including, without limitation, original executed releases of the Mortgages
in recordable or registerable form and any reasonable assistance as may be required to make any applicable recording, filing or
registration of such releases, whether or not on the date of such release there may be any (i) obligations in respect of any Secured
Hedge Agreements, any Secured Cash Management Agreements, any Secured Letters of Credit or any Secured Progress Payment Agreements
and (ii) any contingent indemnification obligations or expense reimbursement claims not then due; provided, that the Administrative
Agent shall have received a certificate of a Responsible Officer of the Borrower containing such certifications as the Administrative
Agent shall reasonably request. Any such release of obligations shall be deemed subject to the provision that such obligations
shall be reinstated if after such release any portion of any payment in respect of the obligations guaranteed thereby shall be
rescinded, avoided or must otherwise be restored or returned upon the insolvency, bankruptcy, dissolution, liquidation, administration
or reorganization of the Borrower or any Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator
of, or trustee or similar officer for, the Borrower or any Guarantor or any substantial part of its property, or otherwise, all
as though such payment had not been made. The Borrower agrees to pay all reasonable and documented out-of-pocket expenses incurred
by the Administrative Agent or the Collateral Agent (and their respective representatives) in connection with taking such actions
to release security interests in all Collateral and all obligations under the Loan Documents as contemplated by this Section 9.18(d).

 

(e)              
Obligations of Parent or any of its Subsidiaries under any Secured Cash Management Agreement, Secured Hedge Agreement
(after giving effect to all netting arrangements relating to such Secured Hedge Agreements), Secured Letter of Credit or Secured
Progress Payment Agreement shall be secured and guaranteed pursuant to the Security Documents only to the extent that, and for
so long as, the other Obligations are so secured and guaranteed. No person shall have any voting rights under any Loan Document
solely as a result of the existence of obligations owed to it under any such Secured Hedge Agreement, Secured Cash Management Agreement,
Secured Letter of Credit or Secured Progress Payment Agreement. For the avoidance of doubt, no release of Collateral or Guarantors
effected in the manner permitted by this Agreement shall require the consent of any holder of obligations under Secured Hedge Agreements,
Secured Cash Management Agreements, Secured Letters of Credit or Secured Progress Payment Agreements.

 

Section 9.19        USA
PATRIOT Act Notice. Each Lender that is subject to the USA PATRIOT Act and the Beneficial Ownership Regulation and the
Administrative Agent (for itself and not on behalf of any Lender) hereby notifies each Loan Party that pursuant to the
requirements of the USA PATRIOT Act and the Beneficial Ownership Regulation, it is required to obtain, verify and record
information that identifies such Loan Party, which information includes the name and address of such Loan Party and other
information that will allow such Lender or the Administrative Agent, as applicable, to identify each Loan Party in accordance
with the USA PATRIOT Act and the Beneficial Ownership Regulation.

 

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Section 9.20       
Acknowledgement and Consent to Bail-In of EEA Financial Institutions. Solely to the extent any Lender that
is an EEA Financial Institution is a party to this Agreement and 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 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 Loan 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.

 

Section 9.21        Judgment
Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any
other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance
with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on the
Business Day preceding that on which final judgment is given. The obligation of the Borrower in respect of any such sum due
from the Borrower to the Administrative Agent or any Lender hereunder or under the other Loan Documents shall,
notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is
denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be
discharged only to the extent that on the Business Day following receipt by the Administrative Agent or such Lender, as the
case may be, of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent or such Lender, as the case
may be, may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the
amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent or any Lender
from the Borrower in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such
judgment, to indemnify the Administrative Agent or such Lender, as the case may be, against such loss. If the amount of the
Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent or any Lender in such
currency, the Administrative Agent or such Lender, as the case may be, agrees to return the amount of any excess to the
Borrower.

 

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Section 9.22       
Distributable Reserves. Nothing in this Agreement or any other Loan Document will prevent any of Parent, the
Borrower or any of the Subsidiaries from reducing its company capital in any way permitted by applicable law and the Lenders hereby
consent to any such reduction of company capital and, without limiting the foregoing, consent to and agree not to object to any
such reduction of company capital by way of court or other procedure required to implement any such reduction of company capital.
Notwithstanding the foregoing, nothing in this Section 9.22 shall diminish the applicability of the covenants contained
in Article VI hereof.

 

Section 9.23       
No Advisory or Fiduciary Responsibility.

 

In connection with all aspects of each transaction
contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document),
the Borrower acknowledges and agrees that: (i) (A) the arranging and other services regarding this Agreement provided by the Administrative
Agent, the Lenders, the Documentation Agents and the Arrangers are arm’s-length commercial transactions between the Borrower,
Parent and their respective Affiliates, on the one hand, and the Administrative Agent, the Lenders, the Documentation Agents and
the Arrangers, on the other hand, (B) each of the Borrower and Parent have consulted its own legal, accounting, regulatory and
tax advisors to the extent it has deemed appropriate, and (C) each of the Borrower and Parent is capable of evaluating, and understands
and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (ii) (A)
the Administrative Agent, each Lender, each Documentation Agent and each Arranger is and has been acting solely as a principal
and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor,
agent or fiduciary for the Borrower, Parent or any of their respective Affiliates, or any other person and (B) neither the Administrative
Agent, nor any Lender, Documentation Agent or Arranger has any obligation to the Borrower, Parent or any of their respective Affiliates
with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan
Documents; and (iii) the Administrative Agent, each Lender, each Documentation Agent and each Arranger and their respective Affiliates
may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower, Parent and their
respective Affiliates, and neither the Administrative Agent nor any Arranger, Lender or documentation agent has any obligation
to disclose any of such interests to the Borrower, Parent or any of their respective Affiliates. The Borrower agrees that it will
not take any position or bring any claim against any of the Administrative Agent, Lenders, Documentation Agents or Arrangers that
is contrary to the preceding sentence.

 

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Section 9.24       
Acknowledgment Regarding Any Supported QFCs.

 

To the extent that the Loan Documents
provide support, through a guarantee or otherwise, for any Swap Contract or any other agreement or instrument that is a QFC
(such support, “QFC Credit Support”, and each such QFC, a “Supported QFC”), the parties
acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the
Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with
the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such
Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any
Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any
other state of the United States):

 

(a)                In the event a Covered Entity that
is party to a Supported QFC (each, a “Covered Party”) becomes subject to a proceeding under a U.S. Special
Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and
obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC
or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective
under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation
and rights in property) were governed by the laws of the United States or a state of the United States. In the event a
Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution
Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support
that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights
could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the
laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed
that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any
Covered Party with respect to a Supported QFC or any QFC Credit Support.

 

(b)              
 As used in this Section 9.24, the following terms have the following meanings:

 

“BHC Act Affiliate” of a party
means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such
party.

 

“Covered Entity” means any of the
following: (i) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. §
252.82(b); (ii) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b);
or (iii) a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b).

 

“Default Right” has the meaning
assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.

 

“QFC” has the
meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12
U.S.C. 5390(c)(8)(D).

 

[Signature Pages Follow]

 

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

 

	 	SPIRIT AEROSYSTEMS, INC.
	 	 	 
		By:	/s/ Rhonda Harkins
	 	 	Name: Rhonda Harkins
	 	 	Title: Treasurer

 

     

     

    

 

	 	BANK OF AMERICA, N.A.,
	 	as Administrative Agent and
    Collateral Agent
	 	 
	 	By:	/s/ Kevin L. Ahart
	 	 	Name: Kevin L. Ahart
	 	 	Title: Vice President

 

	 	BANK OF AMERICA, N.A.,
	 	as a Lender
	 	 
	 	By:	/s/ Prathamesh Kshirsagar
	 	 	Name: Prathamesh Kshirsagar
	 	 	Title: Director

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