Document:

Exhibit 10.9

 

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	 	INHIBIKASE
    THERAPEUTICS, INC	 
	 	 	 
	 	CONSULTING
    AGREEMENT	 

 

THIS CONSULTING
AGREEMENT (the "Agreement") is made and entered into as of the date indicated below (the "Effective Date")
between Inhibikase Therapeutics, LLC, a Georgia limited liability company ("Company"), and Flagship Consulting, Inc.
a Delaware corporation (the "Consultant"). Company and Consultant are sometimes collectively referred to in this Agreement
as the "Parties."

 

COMPANY

 

	Inhibikase Therapeutics, INC    	 	Address:

 

	Authorized Signature: 	  /s/ Milton H. Werner	 	3350 Riverwood Parkway, Suite 1900
	 	 	 	Atlanta, GA 30339

	Printed Name: 	Milton H. Werner, Ph.D.	 	917-494-0831
	 	 	 	mhwerner@inhibikase.com

	Position: 	President & CEO	 	 

 

	CONSULTANT	 	Address:

 

	 	 	Flagship Consulting, Inc.
	 	 	Joseph Frattaroli, CPA
	Authorized Signature: 	  /s/ Joseph
    Frattaroli	 	131 Daniel Webster Highway #322
	 	 	Nashua NH 03060

	Printed Name: 	Joseph Frattaroli, CPA	 	 
	 	For:   Flagship Consulting, Inc.	 	 

 

	Position: 	Consultant	 	 

 

EFFECTIVE DATE: 1 April 2018

 

ADDITIONAL TERMS AND CONDITIONS OF THIS AGREEMENT BEGIN
ON THE FOLLOWING PAGE.

 

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TERMS AND CONDITIONS

 

Company wishes to
engage Consultant on a non-exclusive basis to provide certain Services (defined below) to Company and Consultant wishes to provide
the Services to Company, all pursuant to the terms and conditions set forth in this Agreement. In consideration of the benefits
they will each receive as a result of the relationship created by this Agreement and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound by this Agreement, hereto
hereby agree as follows:

 

1.            Services.
Consultant hereby agrees during the "Term" (as defined in Section 3) to perform the "Services" set forth
in Schedule A to this Agreement. Consultant shall, during the Term, diligently promote the interests of Company and perform
the Services, to the best of its ability, timely, faithfully, honestly, diligently, efficiently and professionally. Consultant
agrees to provide Company with periodic information regarding the status of and progress with respect to the Services and as and
to the extent reasonably requested by Company or as otherwise described on Schedule A.

 

2.            Payment
for Services. The compensation to be paid by Company to Consultant is set forth on Schedule B to this Agreement (the
 "Compensation"). The Compensation shall constitute Consultant's sole compensation for performing the Services for Company.
Schedule B also sets forth any arrangements between Company and Consultant with respect to expenses that are to be borne
by Company or with respect to which Consultant may seek reimbursement. Consultant agrees to give Company at least fifteen (15)
days prior notice of any travel expenses for which Consultant will request reimbursement (to the extent such reimbursement is
otherwise permitted by Schedule D).

 

3.            Term.
Unless terminated earlier as provided below, the term of Consultant's engagement pursuant to this Agreement (the "Term")
shall commence as of the Effective Date and continue for an initial period of time as set forth on Schedule C (the "Initial
Term"), subsequent to which the term of this Agreement shall automatically renew and continue on a month-to-month basis (each
such monthly period being a "Renewal Term")(together with the Initial Term, the "Term"). Notwithstanding anything
to the contrary in this Agreement, either party Company may terminate the Term of this Agreement (i) at any time without
cause, upon ten (10) days prior written notice of such termination to other Party, or (ii) immediately upon written
notice to the other Party of such Party's material breach of this Agreement or, in the case of Company, on account of any other
act or omission on the part of Consultant that poses an adverse risk to Company or any affiliate, property, employee or customer
thereof or any other Person with whom Company or any affiliate thereof it may have a business relationship.

 

4.            No
Conflicting Obligation. Consultant represents that its performance of all the terms of this Agreement and as a consultant
of Company does not and will not breach any agreement between it and any other Person. Consultant has not entered into, and it
agrees it will not enter into, any agreement either written or oral in conflict herewith.

 

5.            Independent
Contractor Relationship. Consultant shall perform the Services under the general direction of Company but Consultant shall
determine, in Consultant's sole discretion, the manner and means by which the Services are accomplished. The Parties expressly
agree that Consultant's engagement shall be that of an independent contractor, and under no circumstances shall Consultant, or
any of Consultant's employees or agents, be deemed an employee, partner, agent or joint venture of Company or any of its affiliates.

 

6.            Restrictive
Covenants.

 

		(a)	Limitations on Use. Except to the
                                         extent that it is otherwise required to use Company's Intellectual Property in the performance
                                         of the Services, Consultant shall not (and shall take full responsibility for ensuring
                                         that none of its agents), without the express and duly authorized prior written consent
                                         of Company, which consent may be withheld, delayed, denied or conditioned in Company's
                                         sole and absolute discretion, use or modify for use, directly or indirectly, for any
                                         purpose whatsoever or any Person any of Company Intellectual Property during the Term
                                         of this Agreement or at any time thereafter. Consultant further agrees that any and all
                                         of Company Intellectual Property shall remain the exclusive property of Company, and
                                         Consultant shall not have or acquire any ownership or other interest or rights therein.

 

		(b)	Limitations on Disclosure. Except
                                         to the extent required in the performance of its Services, Consultant agrees that it
                                         shall not (and shall take full responsibility for ensuring that none of its agents),
                                         without the express and duly authorized prior written consent of Company, transmit, disseminate,
                                         redistribute, market, publish, disclose or otherwise divulge to any other Person for
                                         any purpose whatsoever (i) any of Company Confidential Information during the Term
                                         and for a period of three (3) years immediately thereafter; or (ii) any of
                                         Company Trade Secrets at any time during which such information shall continue to constitute
                                         a Trade Secret (whether before, during or after termination of this Agreement).

 

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Consultant's obligations under
this Section 6(b) shall not apply to information that can be demonstrated by Consultant to: (i) have been developed
independently by or known to Consultant prior to execution of this Agreement and not otherwise assigned, transferred or otherwise
conveyed to Company under this Agreement or any other agreement; (ii) not have been acquired, directly or indirectly, by
Consultant from the Company or from a third party under an obligation of confidence or limited use; (iii) have been rightfully
received by Consultant in accordance with this Agreement after disclosure to Company from a third party who did not require Consultant
to hold it in confidence or limit its use and who did not acquire it, directly or indirectly, from the Company under a continuing
obligation of confidence; (iv) have been in the public domain as of the date of this Agreement, or comes into the public
domain during the Term of this Agreement through no fault of Consultant; or (v) to be required to be disclosed by a governmental
or other regulatory body or by action of law. If Consultant under clause (v) above becomes legally compelled to disclose
any Company Confidential Information or Trade Secrets, Consultant shall use all reasonable efforts to provide Company with prior
notice thereof so that it may seek a protective order or other appropriate remedy to prevent such disclosure. If such protective
order or other remedy is not obtained prior to the time such disclosure is required, Consultant shall nevertheless only disclose
that portion of such Confidential Information or Trade Secrets that it is legally required to disclose.

 

		(c)	Limitation on Solicitation of Customers
                                         and Personnel. During the Term and for a period of three (3) years immediately thereafter,
                                         Consultant shall not, directly or indirectly, alone or in conjunction with any other
                                         person, (i) solicit any actual or actively sought prospective client or customer
                                         of Company with whom or which Consultant had contact during the Term or with respect
                                         to whom or which Consultant was provided Proprietary Information by Company during the
                                         Term (an "Company Customer") for the purpose of providing such Company Customer
                                         products or services that are substantially similar to or competitive with Company's
                                         business, (ii) solicit any employee, other personnel or independent contractor of
                                         Company (a "Protected Person") for the purpose of encouraging such Protected
                                         Person to sever an employment, contractual or other relationship with Company or (iii) hire
                                         or otherwise retain a Protected Person to perform services of a nature substantially
                                         similar to that which such Protected Person performed for Company within a three (3) year
                                         period prior to any such hiring or engagement.

 

		(d)	Ownership & Assignment
                                         of Company Property.

 

		(i)	Company Intellectual Property.
                                         As between the Parties, Company owns and shall continue to own and Consultant hereby
                                         agrees to assign and assigns to Company any and all Company Intellectual Property, to
                                         the fullest extent allowable by law, and Consultant shall promptly disclose such Intellectual
                                         Property to Company. If Consultant uses or discloses its own or any third party's confidential
                                         information or intellectual property when acting within the scope of its engagement or
                                         otherwise on behalf of Company, Company will have and Consultant hereby grants Company
                                         a perpetual, irrevocable, worldwide, royalty-free, non-exclusive, sublicensable right
                                         and license to exploit and exercise any and all rights in such intellectual property.

 

		(ii)	Consultant further acknowledges
                                         that all original works of authorship that are (i) made by Consultant or any employee
                                         or agent thereof (solely or jointly with others) during the Term of this Agreement, (ii) within
                                         the scope of the Services and (iii) otherwise protectable under copyright laws shall
                                         constitute "works made for hire," as that term is defined in the United States
                                         Copyright Act (17 U.S.C. § 101), and deemed Company Intellectual Property and owned
                                         solely and exclusively by Company.

 

		(iii)	To the extent Consultant retains
                                         any such Moral Rights under applicable law, Consultant hereby waives such Moral Rights
                                         and consents to any action with respect to such Moral Rights by or authorized by Company
                                         and specifically grants to Company the right to alter such Company Products. Consultant
                                         will confirm any such waivers and consents from time to time as requested by Company.

 

		(iv)	Consultant will assist Company
                                         in every proper way to obtain and from time to time enforce United States and foreign
                                         proprietary rights relating to Company Intellectual Property in any and all countries.
                                         To that end, Consultant will execute, verify, and deliver such documents and perform
                                         such other acts (including appearances as a witness) as Company may reasonably request
                                         for use in applying for, obtaining, perfecting, evidencing, sustaining, and enforcing
                                         such proprietary rights and the assignment thereof. In addition, Consultant will execute,
                                         verify, and deliver assignments of such proprietary rights to Company or its designee.
                                         Consultant's obligation to assist Company with respect to such proprietary rights relating
                                         to such Company Intellectual Property in any and all countries shall continue beyond
                                         the termination of Consultant's engagement, but Company shall compensate Consultant at
                                         a reasonable rate after termination of its engagement for the time actually spent by
                                         Consultant at Company' request on such assistance.

 

In the event Company is unable
for any reason, after reasonable effort, to secure Consultant's signature on any document needed in connection with the actions
specified in the preceding paragraph, Consultant hereby irrevocably designates and appoints Company and its duly authorized officers
and agents as its agent and attorney in fact, coupled with an interest, to act for and on its behalf to execute, verify, and file
any such documents and to do all other lawfully permitted acts to further the purposes of the preceding paragraph thereon with
the same legal force and effect as if executed by Consultant. Consultant hereby waives and quitclaims to Company any and all claims,
of any nature whatsoever, that Consultant now or may hereafter have for infringement of any Intellectual Property assigned hereunder
to Company.

 

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7.            Return
of Company Documents. At the conclusion of the Term for any reason whatsoever or for no reason at all, Consultant will promptly
deliver or otherwise return to Company any and all Company Intellectual Property, together with all copies thereof, and any other
material (and regardless of whether any of the foregoing is kept in physical or electronic form), including, without limitation,
any such Confidential Information , Trade Secrets and Work Products, and any and all other Company property, along with any and
all proprietary rights therein or thereto. Consultant further agrees that any property situated on Company's premises and owned
by Company, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by Company
personnel at any time with or without notice.

 

8.            [Section Reserved.]

 

9.            Remedies.

 

		(a)	Tolling. Consultant hereby expressly
                                         acknowledges and agrees that in the event the enforceability of any of the terms of Section 6
                                         of this Agreement shall be challenged in court or pursuant to arbitration and Consultant
                                         is not enjoined (either temporarily or permanently) from breaching any of the restraints
                                         set forth in this Agreement, then if a court of competent jurisdiction or arbitration
                                         panel finds subsequently that the challenged restraint is enforceable, the time period
                                         of the restraint shall be deemed tolled upon the filing of the lawsuit challenging the
                                         enforceability of the restraint until the dispute is finally resolved and all periods
                                         of appeal have expired.

 

		(b)	Ancillary Provisions. Sections 6,
                                         7, 9, 14 and 17 of this Agreement shall be construed as an agreement ancillary to the
                                         other provisions of this Agreement, and the existence of any claim or cause of action
                                         of Consultant against Company, whether predicated on this Agreement or otherwise, shall
                                         not constitute a defense to the enforcement by Company of such Sections.

 

10.          Binding
Effect and Assignability. This Agreement and shall be assignable by Company and inure to the benefit of and shall be binding
upon any successor or assignee thereof. Neither this Agreement nor any rights or obligations of Consultant shall be transferable
or assignable by Consultant without Company's prior written consent, and any attempted transfer or assignment hereof by Consultant
not in accordance herewith shall be null and void.

 

11.          Severability.
All Sections, sub-Sections, paragraphs, terms and provisions of this Agreement are severable, and the unenforceability or invalidity
of any of the terms, provisions, Sections, sub-Sections or paragraphs of this Agreement shall not affect the validity or enforceability
of the remaining terms, provisions, Sections, sub-Sections or paragraphs of this Agreement, but such remaining terms, provisions,
Sections, sub-Sections or paragraphs shall be interpreted and construed in such a manner as to carry out fully the intention of
the Parties.

 

12.          Captions
and Counterparts. The Section headings in this Agreement are for convenience of reference only and shall not affect the
meaning or interpretation hereof. This Agreement may be executed in any number of counterparts, each of which shall be deemed
to be an original, but all of which shall together constitute one and the same instrument.

 

13.          Notices.
Any notice or other communication required or permitted hereunder shall be in writing and shall be deemed to have been duly given
on the date of service if personally served or if telecopied (if telecopied on a business day and during business hours at the
place of receipt and if receipt is confirmed) three (3) days after mailed if mailed by reputable international overnight
delivery service, postage prepaid and in any event addressed to the address set forth in the signature clause to this Agreement
or to such other address as shall be designated by written notice issued pursuant hereto.

 

14.          Recovery
of Attorney's Fees. In the event of any litigation arising from or relating to this Agreement, the prevailing party in such
litigation proceedings shall be entitled to recover, from the non-prevailing party, the prevailing party's reasonable costs and
attorney's fees, in addition to all other legal or equitable remedies to which it may otherwise be entitled.

 

15.          Waiver.
The waiver by any party to this Agreement of a default or breach of any Section, sub-Section or provision of this Agreement
shall not operate or be construed as a waiver of any prior or subsequent default or breach of the same or of a different Section,
sub-Section or provision by any party hereto.

 

16.          Survival.
Sections 4 through and including 19 of this Agreement shall survive the termination or expiration of this Agreement, along with
the definitions of any terms and phrases referenced therein.

 

17.          Governing
Law and Jurisdiction. This Agreement shall be governed by and construed in accordance with the domestic laws of the State
of Georgia, except, however, that with respect to any dispute that may arise under this Agreement in connection with Company's
Intellectual Property or rights thereto, including, without limitation, the enforceability of the restrictive covenants under
Sections 6, 7 and 9 of this Agreement, any and all such disputes shall, to the extent otherwise governed by the laws of the various
states, be governed by the laws of the State of [Delaware], without giving effect to any choice or conflicts of law provision
or rule (whether of the State of Georgia or any other jurisdiction) that would cause the application
of the laws of any jurisdiction other than the State of Georgia (the "Georgia Law"). Each of the Parties consents to
the exclusive jurisdiction of the Federal and State Courts sitting in the County of Cobb in the State of Georgia in connection
with any dispute arising under this Agreement and hereby waives, to the maximum extent permitted by law, any objection, including
any objection based on venue or inconvenient forum, to the bringing of any such proceeding in such jurisdiction.

 

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18.          Entire
Agreement. This Agreement, including the Schedules attached hereto, contains the complete agreement concerning the arrangement
between Company and Consultant as of the date hereof.

 

19.          Definitions.
Except as otherwise provided in this Agreement, capitalized terms and phrases in this Agreement shall have the meaning ascribed
thereto in Schedule "F," which schedule is attached hereto and made a part hereof.

 

20.          Schedules.
Attached to this Agreement and incorporated herein by reference are three schedules, A (Services), B (Compensation), C (Term),
D (Expenses), E (Miscellaneous), F (Definitions).

 

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SCHEDULE A

SERVICES

 

Consultant is to provide
the following services and such other services relating thereto as may be requested by Company from time to time during the Term
of this Agreement (the "Services"):

 

		1.	Perform the duties of Chief Financial Officer generally

 

		2.	Manage and execute the preparatory work required for a GAAP-compliant audit to begin in 30 days

 

		3.	Evaluate, recommend and implement the necessary accounting practices to enable the Company to fulfill
the requirements for quarterly financial and SEC regulatory filings.

 

		4.	Participate in travel and 'road show' meetings as part of the transition of the Company to a public
entity.

 

Consultant
shall perform the Services under the general direction of the Milton II Werner, PhD., President and CEO, but Consultant shall determine,
in Consultant's sole discretion, the manner and means by which the Services are accomplished. Consultant is an independent contractor
and is not an agent or employee of Company and has no authority under this contract to bind Company by contract or otherwise. Insomuch
as Consultant is not an employee of Company, Company will not withhold, make or otherwise retain any withholdings or other employee
taxes or provide any employee benefits, including, but not limited to, medical or dental insurance, vacation pay or sick pay. Consultant
hereby agrees to report any and all such Compensation under this Agreement as taxable income paid to Consultant in its capacity
as an independent contractor and pay any and all taxes due and owing thereon to the applicable taxing authorities.

 

SCHEDULE B

COMPENSATION

 

Consultant will be paid $12,500 per month
in cash, payable against an invoice submitted by consultant within 4 days of the first of each monthly of service. An additional
$12,500 per month of service will accrue on a revolving Promissory Note, whose terms and conditions are attached as Appendix A.
The Promissory Note includes a provision for accrual of interest, an interest penalty in case certain conditions of default are
met and also permits consultant to convert the debt into Common Stock prior to the Registration of Securities at a Fair Market
Value to be determined by an outside valuator by 30 April, 2018.

 

SCHEDULE C

EXPENSES and TERM

 

Company shall reimburse Consultant for
all of its reasonable, out-of-pocket travel and other reasonable out-of-pocket expenses incurred in the rendition of the Services
hereunder, provided, however, that Consultant shall have submitted an expense report in form satisfactory to the Company
with such receipts or other substantiation as reasonably required by the Company. Expenses in excess of $500 shall only be incurred
following advance approval by the Company. All expenses for which reimbursement is owed under the terms hereof shall be paid within
30 business days from the date of submission by Consultant. Airline travel reimbursement will only occur at the standard coach
rate.

 

The INITIAL TERM of this agreement will
be for 12 months, renewable at the sole discretion of the Company in 12 month increments thereafter.

 

SCHEDULE D

MISCELLANEOUS

 

Consultant represents that it has all power
and authority to enter into this Agreement and to perform the Services. Consultant further represents that it may and shall lawfully
provide the Services without running afoul of any law, statue or regulatory requirement, including under the Securities Exchange
Act of 1934, as amended.

 

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SCHEDULE E

DEFINITIONS

 

The following are the definitions for certain
defined terms used in this Agreement:

 

"Confidential Information"
shall mean any and all nonpublic proprietary technical and nontechnical data, information, agreements, documents, Intellectual
Property and other property of Company or any affiliate thereof and any and all proprietary rights relating thereto, which is of
tangible or intangible value to Company or any affiliate thereof and is not public information or is not generally known or available
to Company's competitors, but is known only to Company or its affiliates and their employees, independent consultants or agents
to whom it must be confided in order to apply it to the uses intended, including, without limitation, all business methods, practices
and concepts; business, personnel and financial information and records, including, without limitation, accounting records, tax
returns, financial statements, projections, forecasts or other budgets, other financial data or plans, business plans and strategies;
product plans, customer lists and other customer-related information; vendor or supplier lists and other vendor or supplier-related
information; computer or data base files; passwords or other access codes; software and operating code or source code relating
thereto; any and all contractors, subcontractors; inventions and invention-related reports, analyses, notes, interpretations, formulae,
processes and patent applications; the terms of this Agreement and any other agreement between the Parties; and Work Product; and
any and all proprietary rights thereto.

 

"Intellectual Property" shall
mean all of the following property owned or in or to which rights are held by Company or any affiliate thereof in any jurisdiction
throughout the world: (a) all inventions and Work Product (whether patentable or unpatentable and whether or not reduced to
practice), all improvements thereto, and all patents, patent applications, and patent disclosures, together with all reissuances,
continuations, continuations-in-part, revisions, extensions, and reexaminations thereof, (b) all trademarks, service marks,
trade dress, logos, slogans, trade names, corporate names, Internet domain names, and rights in telephone numbers, together
with all translations, adaptations, derivations, and combinations thereof and including all goodwill associated therewith, and
all applications, registrations, and renewals in connection therewith, (c) all copyrightable works, all copyrights, and all
applications, registrations, and renewals in connection therewith, (d) all mask works and all applications, registrations,
and renewals in connection therewith, (e) all Trade Secrets and Confidential Information (including ideas, research and development,
show-how, know-how, formulas, compositions, manufacturing and production processes and techniques, technical data, designs, drawings,
specifications, customer and supplier lists, pricing and cost information, and business and marketing plans and proposals), (f) all
computer software (including source code, executable code, data, databases, and related documentation), (g) all material advertising
and promotional materials, (h) all other proprietary rights, and (i) all copies and tangible embodiments thereof (in
whatever form or medium).

 

"Person" shall mean any
individual, partnership, limited partnership, limited liability partnership, limited liability company, corporation, trust, association,
non-profit or charitable organization or other entity, or an unincorporated organization, a governmental entity or any department
or agency thereof.

 

"Trade Secrets" shall
mean Proprietary Information (including, but not limited to a business information, technical or non-technical data, formulas,
patterns compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans,
lists of actual or potential customers or suppliers) that: (a) derives economic value, actual or potential, from not being
generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its
disclosure or use; and (b) is the subject of efforts

that are reasonable under the circumstances
to maintain its secrecy. To the extent that applicable law mandates a definition of "trade secret" inconsistent with
the foregoing definition, then the foregoing definition shall be construed in such a manner as to be consistent with the mandated
definition under applicable law.

 

"Work Product" shall mean
any and all Intellectual Property (and all proprietary rights with respect thereto), whether or not patentable or registrable under
copyright or similar statutes, that was or is developed, made, conceived or reduced to practice or learned by Consultant, either
alone or jointly with others, during the Term in the performance of the Services or within twelve (12) months following the termination
or expiration of the Agreement.

 

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APPENDIX A

 

CONVERTIBLE

REVOLVING DEMAND PROMISSORY NOTE

 

Inhibikase Therapeutics, Inc.

Atlanta, Georgia

 

THIS CONVERTIBLE REVOLVING
DEMAND PROMISSORY NOTE (THE "NOTE") AND THE SECURITIES ISSUABLE UPON CONVERSION HEREOF HAVE NOT AND WILL NOT HAVE BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), APPLICABLE STATE SECURITIES LAWS OR APPLICABLE
LAWS OF ANY FOREIGN JURISDICTION. THIS NOTE HAS BEEN AND SUCH UNDERLYING SECURITIES HAVE BEEN, AS THE CASE MAY BE, ACQUIRED
FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE, AND MAY NOT BE OFFERED, SOLD, PLEDGED, HYPOTHECATED, RENOUNCED
OR OTHERWISE TRANSFERRED IN THE ABSENCE OF EITHER (A) AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND ANY
APPLICABLE STATE SECURITIES LAWS OR, IF APPLICABLE, ANY FOREIGN JURISDICTION OR (B) IN THE OPINION OF COUNSEL SATISFACTORY
TO COMPANY, THE AVAILABILITY OF AN EXEMPTION FROM THE REGISTRATION PROVISIONS OF THE SECURITIES ACT OF 1933, AS AMENDED, AND APPLICABLE
STATE SECURITIES LAWS OR, IF APPLICABLE, ANY FOREIGN JURISDICTION.

 

Except as otherwise
defined in the text hereof, capitalized terms and phrases shall have the meaning ascribed thereto in Section 7 of this Note.

 

	$ 75,000	Issue
    Date: April 3, 2018
	 	 

Inhibikase Therapeutics, Inc.
(hereinafter "Maker") promises to pay to Flagship Consulting, Inc. (hereinafter "Payee") the sum of up
to Seventy-five Thousand Dollars ($75,000) or such amount as is accrued from time to time by Maker in unpaid fees and costs incurred
for and on its behalf (the "Fees and Costs") as are from time to time reflected on Payee's monthly statements for services
rendered (the "Statements"), whichever amount is less (the "Principal"), together with interest thereon from
and after the date hereof until paid in full, all as provided in this Convertible Revolving Demand Promissory Note (hereinafter,
the "Note"). Maker and Payee agree that the balance due under this Note for Fees and Costs shall be updated based on
Payee's Statements as the same are published from time to time by modifying that certain schedule entitled "Schedule of Fees
and Costs," which is attached hereto, marked as Exhibit "A," and made a part hereof, to reflect such updated
balance; provided, however, that such updating shall only serve as a ministerial act in accounting for the Principal amount,
and any failure to perform or delay in performing such updating shall in no event affect the amount due under this Note.

 

1.            Payment
of Principal and Interest.

 

(a)            Payment
in Cash. This Note is payable either in full or in part until paid in full, as the case may be, without demand and in immediately
available funds, not later than the earlier to occur of either a Significant Transaction or the 30th day of June 2019
(either such date, the "Maturity Date").

 

(b)            Interest.
From and including the Issue Date to and including the date this Note is paid or otherwise discharged in full, the unpaid Principal
amount of this Note shall bear simple interest at Five Percent (5%) per annum, computed on the basis of a year of 360 days; provided,
however, that upon the occurrence, and during the continuance of an Event of Default hereunder,
this Note shall bear simple interest at Twelve Percent (12%) per annum, computed on the basis of a year of 360 days.

 

(c)            Tender. All
payments of Principal and interest shall be made in lawful money of the United States of America and shall be made to Payee
via wire transfer or certified check to an account designated by Payee or, if no account is so designated, at Payee's address
or at such other place as Payee may designate to Maker in writing in accordance with Section 13 of this Note.

 

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2.            Obligation
to Notify. Maker shall notify Payee in writing (a) thirty (30) days in advance of a Significant Transaction, and (b) provide
Payee with any and all documents relating thereto within 48 hours of being requested by Payee, subject to Payee executing with
and in favor and to the satisfaction of Maker an agreement pursuant to which it agrees to restrictions on the disclosure, use and
ownership of any and all such documents and information contained therein. These rights set forth in this Section shall terminate
upon the repayment of the Note in full.

 

3.            Option
to Elect Payment in Conversion Shares. Notwithstanding any provision of this Note to the contrary, Payee shall have the
option, exercisable in his sole and absolute discretion at any time commencing with the Issue Date and ending as of the date on
which the Unpaid Balance of this Note is paid in full, to Convert all or any portion of the Unpaid Balance as determined on the
Conversion Date into Conversion Shares, in such number of Conversion Shares as shall equal that portion of the Unpaid Balance as
Payee may elect in his discretion to be converted, divided the Conversion Share Price.

 

4.            Prepayment.
This Note may be prepaid prior to the Maturity Date at the option of Maker in cash, without premium or penalty, at the Principal
amount so to be prepaid, together with interest accrued thereon to the date fixed for such prepayment; provided, however,
that in no event may any such prepayment or other cash payment be made until and unless Maker shall have given prior written notice
of its intent to pay all or any portion of this Note to Payee, which notice shall be given not less than ten (10) nor more
than thirty (30) days prior to the date fixed for such payment in such notice and shall specify the amount so to be paid and the
date fixed for such payment (the "Notice Period"). Notwithstanding any provision of this Note to the contrary, during
such Notice Period, Payee may exercise Payee's rights under Section 3 of this Note to cause the Conversion all or any part
of the Unpaid Balance to Conversion Shares. Subject to the foregoing, upon the giving of notice of its payment, Maker shall pay
on the date therein fixed for any such payment.

 

5.            Payments
Credited First Against Interest. Notwithstanding any provision in this Note to the contrary, any payment of this Note,
whether as a partial payment or in full, will be credited first against accrued interest, then Principal, in reverse chronological
order.

 

6.            Surrender
of Note. Upon any such partial payment of the Unpaid Balance, this Note, at the election of Maker, shall be either (a) surrendered
to Maker in exchange for a new Note in a Principal amount equal to Unpaid Balance on the Note surrendered, and otherwise having
the same terms and provisions as this Note (and for purposes of the foregoing provisions of this Section to be deemed to be
the same Note and not a novation of the indebtedness represented thereby), or (b) made available to Maker at the principal
office of Maker for notation thereon of the portion thereof so prepaid. Upon payment in full of the amount of the Unpaid Balance,
this Note shall be surrendered to the Maker for cancellation.

 

7.            Definitions.
For purposes of this Note, the following terms and phrases shall have the meaning ascribed thereto:

 

(a)     (a)     "Common
Stock" shall have the meaning ascribed thereto in Maker's Articles of Incorporation, as the same shall have been or is amended
from time to time.

 

(b)            "Conversion"
or "Converted" shall mean the payment and satisfaction of the Unpaid Balance or such portion thereof as provided in this
Note by Maker's issuance to Payee of Conversion Shares in accordance with the terms hereof.

 

(c)            "Conversion
Date" shall mean any such date on which all or any portion of the Unpaid Balance shall be paid by Maker at Payee's election
as provided in this Note by Maker's issuance to Payee of Conversion Shares.

 

(d)            "Conversion
Exercise Date" shall mean the date on which the exercise by Payee of his right to cause the payment of all or any portion
of this Note in Conversion Shares is made effective; provided, however, that the exercise by Payee of his Conversion right
is delivered to Maker in writing.

 

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(e)            "Conversion
Share(s)" shall mean that number of Shares of Common Stock to which Payee is entitled in payment, whether in whole or in part,
of the Unpaid Balance in accordance with the terms and conditions of this Note.

 

(f)            "Conversion
Share Price" shall mean that amount as shall equal eighty percent (80%) of the Fair Market Value of each Share of Maker's
Common Stock (as determined on an as converted and fully diluted basis) as such per Share value and number of Shares of Common
Stock are determined to exist as of the Conversion Exercise Date.

 

(g)            "Fair
Market Value" means, as of the Conversion Exercise Date, the fair market value of a Share of Maker's Common Stock determined
as follows:

 

(i)            If
the Shares are readily tradable on a Securities Market, by the closing price of a Share on the Conversion Exercise Date as reported
on the composite tape for securities traded on the Securities Market. If a closing price was not reported on that date, then the
arithmetic mean of the high and low prices at the close of the market on that date, and if these prices were not reported on that
date, then the closing price on the last trading day on which a closing price was reported; or

 

(ii)           If
Maker's Board or Directors (the "Board") in its reasonable discretion determines that the Shares are not readily tradable
on a Securities Market, by an independent written appraisal that satisfies the requirements of Internal Revenue Code Section 401(a)(28)(C) as
of the Conversion Exercise Date (the "Appraisal").

 

(iii)          Once
the Conversion Share Price has been established, the Board shall not change the same through the retroactive use of another valuation
method.

 

(iv)          Shares
are treated as readily tradable on a Securities Market if they are regularly quoted by brokers or dealers making a market in the
Shares.

 

(h)            "Government
Body" means: (i) the government of any country, or the government of any political subdivision of any country (a "Government");
(ii) any instrumentality of a Government; (iii) any other Person authorized by Law to perform any administrative, executive,
judicial, legislative, military, police, or regulatory functions of a Government; (iv) any intergovernmental
organization; and (v) any successor to the entities listed under Clauses (i) to (iv).

 

(i)             "Initial
Public Offering" means the first underwritten offering or listing of Shares of Maker or any successor to Maker when such Shares
are offered pursuant to an effective registration statement under the Exchange Act.

 

(j)             "Law"
means: (i) an administrative decision on which Persons other than those to whom the decision was issued can rely; (ii) a
judicial decision on which Persons other than those to whom the decision was issued can rely; (iii) an ordinance or statute;
(iv) a regulation or rule; or (v) any combination of the items under Clauses (i) to (iv).

 

(k)            "Person"
means a business trust, corporation, estate, general partnership, individual, limited liability company, limited liability partnership,
limited partnership, sole proprietor, trust, or other entity.

 

(l)             "Securities
Market" means: (i) a national securities exchange that is registered under Section 6 of the Securities Exchange
Act of 1934, as amended; (ii) a foreign national securities exchange that is officially recognized, sanctioned, or supervised
by a Government Body; or (iii) any over-the-counter market that uses an interdealer quotation system. An interdealer quotation
system is any system of general circulation to brokers and dealers that regularly disseminates quotations of stocks and securities
by identified brokers or dealers, other than by quotation sheets that are prepared and distributed by a broker or dealer in the
regular course of business and that contain only quotations of that broker or dealer.

 

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(m)            "Share"
means a share of Common Stock.

 

(n)            "Significant
Transaction" shall mean any one of the following:

 

(i)            Any
transaction (or the first tranche of any series of integrated transactions) pursuant to which Maker sells, transfers, leases, exchanges
or disposes of all or substantially all of its assets for cash or property, or for a combination of cash and property, or for other
consideration; or

 

(ii)           Any
transaction, whether in a single or series of related steps, pursuant to which (1) any Person (or group of Persons) acquires
within a twelve (12) consecutive calendar month period by merger, consolidation, reorganization, division or other business combination
or transaction or by a purchase of an interest in Maker such that after any such transaction, the holders of ownership interests
of Maker immediately prior to such transaction no longer have a controlling interest in Maker (or any successor-in-interest thereof);
or (2) the shares of capital stock of Maker or any successor thereto are traded on a Securities Market, whether as a result
of an Initial Public Offering or via a reverse merger by Maker into a company the capital stock of which is traded on a Securities
Market.

 

(o)            "Person"
shall mean any individual, partnership, limited partnership, limited liability partnership, limited liability company, corporation,
trust, association, non-profit or charitable organization or other entity, or an unincorporated organization, a governmental entity
or any department or agency thereof.

 

(p)            "Unpaid
Balance" shall mean the amount of accrued and outstanding, but unpaid Principal and such amount of interest as shall have
accrued thereon as provided in Section 1 of this Note through and including any date fixed for payment, whether in whole or
in part, under this Note.

 

8.            No
Fractional Shares. Instead of any fractional Conversion Shares that would otherwise be issuable upon conversion of this
Note, Maker shall pay a cash adjustment in respect of such fractional interest in an amount equal to the product of (a) the
applicable Conversion Share Price and (b) such fractional interest. The holder of fractional interests shall not be entitled
to any rights as security holders of Maker in respect of such fractional interests.

 

9.            No
Impairment. Maker shall not, by amendment of its Articles of Incorporation or Bylaws, each as amended to date, or through
any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary
action, avoid or seek to avoid the observance or performance of any of the terms of this Note, but shall at all times in good faith
assist in the carrying out of all such terms and in the taking of all such action as may be necessary or appropriate in order to
protect the rights of Payee against dilution or other impairment.

 

10.          Events
of Default. The occurrence or existence of any one of the following events or conditions shall constitute an "Event
of Default":

 

(a)            Maker
shall fail to pay the Principal of, or interest on, this Note when the same becomes due and payable in accordance with the terms
hereof and such amount-remains unpaid for ten (10) business days after the due date thereof;

 

(b)            Maker
fails to observe or perform any other covenant or agreement on the part of Maker contained in this Note which failure continues
for a period of thirty (30) days (except in the case of its obligation under Section 3 of this Note, in which case the period
shall be three (3) days) after the date of written notice thereof from Payee; or

 

(c)            Maker
makes a general assignment for the benefit of its creditors or applies to any tribunal for the appointment of a trustee or receiver
of a substantial part of the assets of Maker, or commences any proceedings relating to Maker under any bankruptcy, reorganization,
arrangement, insolvency, readjustment of debts, dissolution or other liquidation law of any jurisdiction; or any such application
is filed, or any such proceedings are commenced against Maker and Maker indicates its consent to such proceedings, or an order
or decree is entered by a court of competent jurisdiction appointing such trustee or receiver, or adjudicating Maker bankrupt or
insolvent, or approving the petition in any such proceedings, and such order or decree remains unstayed and in effect for ninety
(90) days.

 

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11.          Remedies.
If an Event of Default occurs and is continuing, Payee may, by notice in writing to Maker, declare the entire Unpaid Balance of
this Note to be due and payable immediately, and upon any such declaration, the entire Unpaid Balance of this Note shall become
and be immediately due and payable, and Payee may thereupon proceed to protect and enforce its rights either by suit in equity
or by action at law or by other appropriate proceedings, whether for specific performance (to the extent permitted by law) of any
covenant or agreement contained herein or in aid of the exercise of any power granted herein, or proceed to enforce the payment
of this Note or to enforce any other legal or equitable right of Payee. In the event this Note is placed in the hands of an attorney
for collection or for enforcement, or in the event that Payee incurs any costs incident to the collection of any indebtedness evidenced
hereby, Maker agrees to pay all reasonable attorneys' fees and expenses, all court and other costs and the reasonable costs of
any other collection efforts. Forbearance to exercise the remedies set forth herein with respect to any failure or breach of Maker
shall not constitute a waiver by Payee of any of such remedies.

 

12.          Expenses.
Except as otherwise provided in this Note, each of Maker and Payee shall bear its own costs incurred in connection with the negotiation,
documentation and execution of this Note, the closing of the transactions contemplated herein, and any amendment, waiver, consent,
supplement or modification hereto.

 

13.          Notices.
All notices, requests, consents and other communications required or permitted under this Note shall be in writing and shall be
deemed to have been delivered three (3) days after the date mailed, postage prepaid, by certified mail, return receipt requested,
or on the date personally delivered:

 

	
        If to Maker, to:

         

        Inhibikase Therapeutics, Inc.

        Attn: Chief Executive Officer

        3350 Riverwood Parkway

        Suite 1900

        Atlanta, Georgia 30339
	
        If to Payee, to:

         

        Flagship Consulting Inc

        Frattaroli

        131 Daniel Webster Hwy 322

        Nashua, NH 03060

 

If to any Payee other than
Payee, to such address as may have been designated by notice given Maker by such Payee. Maker, Payee or any other Payee may designate
a different address by notice given in accordance with the foregoing.

 

14.          Waiver
and Amendment. Any provision of this Note may be amended, waived or modified upon the written consent of Maker and Payee.

 

15.          Assignment;
Binding Effect. Payee shall neither be entitled to assign nor assign all or any portion of its performance obligations
under this Note and any attempted assignment hereof shall be void and of no effect. Subject to the preceding sentences, this Note
shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, administrators,
successors and assigns.

 

16.          Governing
Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF GEORGIA WITHOUT GIVING
EFFECT TO CONFLICTS OF LAWS PRINCIPLES.

 

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17.          Venue.
EACH OF THE PARTIES HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE JURISDICTION OF THE COURTS
OF THE STATE OF GEORGIA SITTING IN COBB COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE DISTRICT OF GEORGIA, AND ANY APPELLATE
COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT
OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY
SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH STATE OR, TO THE EXTENT PERMITTED BY LAW, IN SUCH FEDERAL
COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE
ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. MAKER AND HOLDER 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 IN ANY
COURT REFERRED TO IN THIS SECTION. 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. EACH PARTY TO THIS AGREEMENT
IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 13 OF TI-IIS NOTE. NOTHING IN THIS
AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS AGREEMENT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

 

	 	Inhibikase Therapeutics, Inc.
	 	 
	 	By: 	        /s/ Milton Werner
	 	 	Milton Werner, Ph.D., Authorized Officer

 

	ACCEPTED AND
    AGREED TO:	 
	 	 
	Flagship Consulting Inc	 
	 	 
	By: Joseph Frattaroli,
    CPA	 
	 	 
	                    /s/ Joseph Frattaroli	 
	 	 

 

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Exhibit A

Schedule

Of

Fees & Costs

 

	Date of Statement	Fees Accrued To Date	Payments
	04/01/2018	$12,500	 
	05/01/2018	$12,500	 
	06/01/2018	$12,500	 
	07/01/2018	$12,500	 
	08/01/2018	$12,500	 
	09/01/2018	$12,500	 

 

confidentialEX-10.1

 Exhibit 10.1 

EXECUTION COPY 
 $1,000,000,000

 364-DAY CREDIT AGREEMENT 

dated as of September 9, 2020 

among 
 STANLEY
BLACK & DECKER, INC., 
 as Initial Borrower 

and 
 THE INITIAL LENDERS NAMED
HEREIN, 
 as Initial Lenders 

and 
 CITIBANK, N.A., 

as Administrative Agent 

CITIBANK, N.A., 
 BOFA
SECURITIES, INC., 
 JPMORGAN CHASE BANK, N.A., 

and 
 WELLS FARGO SECURITIES,
LLC, 
 as Lead Arrangers and Book Runners 

BANK OF AMERICA, N.A., 

JPMORGAN CHASE BANK, N.A., 

and 
 WELLS FARGO BANK, NATIONAL
ASSOCIATION, 
 as Syndication Agents 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	
	ARTICLE I	  

	
	DEFINITIONS AND ACCOUNTING TERMS	 

			
	SECTION 1.01	 	Certain Defined Terms	  	 	1	
	SECTION 1.02	 	Computation of Time Periods; Terms Generally	  	 	18	
	SECTION 1.03	 	Accounting Terms	  	 	18	
	SECTION 1.04	 	Divisions	  	 	18	
	
	ARTICLE II	  

	
	AMOUNTS AND TERMS OF THE ADVANCES	 

			
	SECTION 2.01	 	The Commitment	  	 	19	
	SECTION 2.02	 	Making the Advances	  	 	19	
	SECTION 2.03	 	Fees	  	 	22	
	SECTION 2.04	 	Continuation and Conversion	  	 	22	
	SECTION 2.05	 	Interest on Advances	  	 	23	
	SECTION 2.06	 	Additional Interest on Eurocurrency Rate Advances	  	 	24	
	SECTION 2.07	 	Repayment; Prepayment of Advances; Etc.	  	 	24	
	SECTION 2.08	 	Increased Costs	  	 	26	
	SECTION 2.09	 	Payments and Computations	  	 	27	
	SECTION 2.10	 	Taxes	  	 	30	
	SECTION 2.11	 	Promissory Notes	  	 	30	
	SECTION 2.12	 	Use of Proceeds of Advances	  	 	31	
	SECTION 2.13	 	Defaulting Lenders	  	 	31	
	SECTION 2.14	 	Borrowings by Designated Borrowers	  	 	32	
	SECTION 2.15	 	European Monetary Union	  	 	34	
	
	ARTICLE III	  

	
	CONDITIONS TO EFFECTIVENESS AND LENDING	 

			
	SECTION 3.01	 	Condition Precedent to Effectiveness	  	 	35	
	SECTION 3.02	 	Conditions Precedent to Each Borrowing and Term Loan Election	  	 	36	
	
	ARTICLE IV	  

	
	REPRESENTATIONS AND WARRANTIES	 

			
	SECTION 4.01	 	Representations and Warranties of the Company	  	 	37	

  
 i 

							
	ARTICLE V	  

	
	COVENANTS OF THE COMPANY	 

			
	SECTION 5.01	 	Affirmative Covenants	  	 	39	
	SECTION 5.02	 	Negative Covenants	  	 	42	
	
	ARTICLE VI	  

	
	EVENTS OF DEFAULT	 

			
	SECTION 6.01	 	Events of Default	  	 	44	
	
	ARTICLE VII	  

	
	THE ADMINISTRATIVE AGENT	 

			
	SECTION 7.01	 	Appointment and Authority	  	 	46	
	SECTION 7.02	 	Rights as a Lender	  	 	46	
	SECTION 7.03	 	Exculpatory Provisions	  	 	47	
	SECTION 7.04	 	Reliance by Administrative Agent	  	 	48	
	SECTION 7.05	 	Indemnification	  	 	48	
	SECTION 7.06	 	Delegation of Duties	  	 	49	
	SECTION 7.07	 	Resignation of Administrative Agent	  	 	49	
	SECTION 7.08	 	Non-Reliance on Administrative Agent and Other Parties	  	 	50	
	SECTION 7.09	 	No Other Duties, Etc	  	 	50	
	SECTION 7.10	 	Lender ERISA Matters	  	 	50	
	
	ARTICLE VIII	  

	
	MISCELLANEOUS	 

			
	SECTION 8.01	 	Amendments, Etc	  	 	52	
	SECTION 8.02	 	Notices, Communications and Treatment of Information	  	 	52	
	SECTION 8.03	 	No Waiver; Remedies	  	 	57	
	SECTION 8.04	 	Costs and Expenses; Breakage Indemnification	  	 	57	
	SECTION 8.05	 	Sharing of Payments, Etc	  	 	58	
	SECTION 8.06	 	Binding Effect	  	 	59	
	SECTION 8.07	 	Successors and Assigns	  	 	59	
	SECTION 8.08	 	Limitation on Assignments and Participations	  	 	63	
	SECTION 8.09	 	Withholding	  	 	63	
	SECTION 8.10	 	Mitigation	  	 	64	
	SECTION 8.11	 	Governing Law; Waiver of Jury Trial	  	 	64	
	SECTION 8.12	 	Execution in Counterparts	  	 	64	
	SECTION 8.13	 	Submission to Jurisdiction; Etc.	  	 	65	
	SECTION 8.14	 	Judgment Currency	  	 	66	
	SECTION 8.15	 	USA PATRIOT Act	  	 	66	
	SECTION 8.16	 	No Fiduciary Duty	  	 	66	
	SECTION 8.17	 	Acknowledgement and Consent to Bail-In of Affected Financial Institutions	  	 	67	

  
 ii 

							
	ARTICLE IX	  

	
	GUARANTEE	 

			
	SECTION 9.01	 	Guarantee	  	 	67	
	SECTION 9.02	 	Acknowledgments, Waivers and Consents	  	 	68	
	SECTION 9.03	 	Reinstatement	  	 	71	
	SECTION 9.04	 	Subrogation	  	 	71	
	SECTION 9.05	 	Remedies	  	 	71	
	SECTION 9.06	 	Payments	  	 	71	
			
	SCHEDULE I	 	COMMITMENTS	  			
	SCHEDULE II	 	DESIGNATED BORROWER JURISDICTIONS	  			
	EXHIBIT A	 	FORM OF NOTICE OF BORROWING	  			
	EXHIBIT B	 	FORM OF NOTICE OF CONVERSION OR CONTINUATION	  			
	EXHIBIT C-1	 	FORM OF OPINION OF COUNSEL TO THE COMPANY	  			
	EXHIBIT C-2	 	FORM OF OPINION OF SPECIAL NEW YORK COUNSEL TO THE ADMINISTRATIVE AGENT	  			
	EXHIBIT D	 	FORM OF ASSIGNMENT AND ASSUMPTION	  			
	EXHIBIT E	 	FORM OF NOTE	  			
	EXHIBIT F	 	FORM OF DESIGNATION LETTER	  			
	EXHIBIT G	 	FORM OF TERMINATION LETTER	  			

  
 iii 

 364-DAY CREDIT AGREEMENT 

This 364-DAY CREDIT AGREEMENT (as amended, supplemented or otherwise modified from time to time, the
“Agreement”) is made as of September 9, 2020 between STANLEY BLACK & DECKER, INC., a Connecticut corporation (the “Company”), the banks, financial institutions and other institutional lenders (the
“Initial Lenders”) listed on the signature pages hereof, and CITIBANK, N.A. (“Citibank”), as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders (as hereinafter
defined). 
 ARTICLE I 

DEFINITIONS AND ACCOUNTING TERMS 

SECTION 1.01    Certain Defined Terms. As used in this Agreement, the
following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): 

“Acquiring Person” means any person (other than the ESOP) who is or becomes the beneficial owner, directly or indirectly, of
10% or more of the Company’s outstanding common stock. 
 “Adjustment Period” means each fiscal quarter of the Company
from and including the second fiscal quarter of fiscal year 2020 through and including the second fiscal quarter of fiscal year 2021. 

“Administrative Agent’s Account” means, with respect to any Currency, the account of the Administrative Agent maintained
by the Administrative Agent for such Currency and most recently designated by it by notice to the Lenders and the Company. 

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

“Advance” means an advance by a Lender to a Borrower as part of a Borrowing and refers to a Base Rate Advance or a
Eurocurrency Rate Advance, each of which shall be a “Type” of Advance. For the purposes of determining the unutilized amount of each Lender’s Commitment at any time, the amount of each Advance of such Lender that is outstanding
in an Alternate Currency shall be deemed to be the Dollar Equivalent of the amount of such Advance. 
 “Affected Financial
Institution” means (a) any EEA Financial Institution or (b) any UK Financial Institution. 
 “Affiliate”
means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Alternate Currency” means Euros. 

  
 364-DAY
CREDIT AGREEMENT 

 “Anti-Corruption Laws” means all laws, rules, and regulations of any
jurisdiction applicable to the Company or any of its Affiliates from time to time concerning or relating to bribery or corruption, including, but not limited to, the United Kingdom Bribery Act 2010 and the U.S. Foreign Corrupt Practices Act of 1977.

 “Anti-Money Laundering Laws” means the Patriot Act, the Money Laundering Control Act of 1986, the Bank Secrecy Act, and
the rules and regulations promulgated thereunder, and corresponding laws of the jurisdictions in which the Company or any of its Subsidiaries operates or in which the proceeds of the Loans will be used. 

“Applicable Adjustment Addbacks” means the following: (i) restructuring charges, (ii) charges for facility
closures, (iii) acquisition and integration charges related to mergers and acquisitions, including those associated with the Consolidated Aerospace Manufacturing, LLC transaction, (iv) charges associated with the Company’s voluntary
retirement program, (v) charges associated with the Company’s supplemental unemployment plan, (vi) charges associated with the Company’s security business transformation and (vii) charges associated with the Company’s
margin resiliency program; provided that the sum of the Applicable Adjustment Addbacks for any Adjustment Periods will not exceed $500,000,000 in the aggregate. 

“Applicable Base Rate Margin” means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency
Margin for such day minus 1.00% and (b) 0.00%. 
 “Applicable Commitment Fee Rate” means, on any date, a rate per
annum equal to 
 (i)    0.030% if on such date the Company’s outstanding Long-Term Indebtedness is
rated A+ or higher by S&P, A1 or higher by Moody’s, or A+ or higher by Fitch, 
 (ii)    0.040%
if on such date clause (i) is inapplicable and the Company’s outstanding Long-Term Indebtedness is rated A or higher by S&P, A2 or higher by Moody’s, or A or higher by Fitch, 

(iii)    0.060% if on such date clauses (i) and (ii) are inapplicable and the Company’s
outstanding Long-Term Indebtedness is rated A- or higher by S&P, A3 or higher by Moody’s, or A- or higher by Fitch, 

(iv)    0.095% if on such date clauses (i), (ii) and (iii) are inapplicable and the
Company’s outstanding Long-Term Indebtedness is rated BBB+ or higher by S&P, Baa1 or higher by Moody’s, or BBB+ or higher by Fitch, and 

(v)    0.120% if on such date clauses (i), (ii), (iii) and (iv) are inapplicable (including if
such Long-Term Indebtedness is no longer rated by any agency); 
 provided that if the respective levels of the Company’s outstanding
Long-Term Indebtedness credit ratings differ, the “Applicable Commitment Fee Rate” will be determined based on, (a) if 

  
 364-DAY
CREDIT AGREEMENT 
 2 

 
two of the ratings are at the same level and the other rating is higher or lower than those same ratings, the level corresponding to the two same ratings shall apply and (b) if each of the
three ratings falls within different levels, then the level corresponding to the rating that is in between the highest and the lowest ratings shall apply. 

“Applicable Eurocurrency Margin” means, on any date for each Eurocurrency Rate Advance, means, on any date, a rate per annum
equal to 
 (i)    0.750% if on such date the Company’s outstanding Long-Term Indebtedness is rated
A+ or higher by S&P, A1 or higher by Moody’s, or A+ or higher by Fitch, 
 (ii)    0.875% if on
such date clause (i) is inapplicable and the Company’s outstanding Long-Term Indebtedness is rated A or higher by S&P, A2 or higher by Moody’s, or A or higher by Fitch, 

(iii)    1.000% if on such date clauses (i) and (ii) are inapplicable and the Company’s
outstanding Long-Term Indebtedness is rated A- or higher by S&P, A3 or higher by Moody’s, or A- or higher by Fitch, 

(iv)    1.250% if on such date clauses (i), (ii) and (iii) are inapplicable and the
Company’s outstanding Long-Term Indebtedness is rated BBB+ or higher by S&P, Baa1 or higher by Moody’s, or BBB+ or higher by Fitch, and 

(v)    1.375% if on such date clauses (i), (ii), (iii) and (iv) are inapplicable (including if
such Long-Term Indebtedness is no longer rated by any agency); 
 provided that if the respective levels of the Company’s outstanding Long-Term
Indebtedness credit ratings differ, the “Applicable Eurocurrency Rate Margin” will be determined based on, (a) if two of the ratings are at the same level and the other rating is higher or lower than those same ratings, the level
corresponding to the two same ratings shall apply and (b) if each of the three ratings falls within different levels, then the level corresponding to the rating that is in between the highest and the lowest ratings shall apply. 

“Applicable Lending Office” means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of a
Base Rate Advance and such Lender’s Eurocurrency Lending Office in the case of a Eurocurrency Rate Advance. 
 “Approved
Electronic Communications” means each Communication that any Loan Party is obligated to, or otherwise chooses to, provide to the Administrative Agent pursuant to any Loan Document or the transactions contemplated therein, including any
financial statement, financial and other report, notice, request, certificate and other information material; provided, however, that, solely with respect to delivery of any such Communication by any Loan Party to the Administrative
Agent and without limiting or otherwise affecting either the Administrative Agent’s right to effect delivery of such Communication by posting such Communication to the Approved Electronic Platform or the protections afforded hereby to the
Administrative Agent in connection with any such posting, “Approved Electronic 

  
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Communication” shall exclude (i) any notice of borrowing, letter of credit request, swing loan request, notice of conversion or continuation, and any other notice, demand,
communication, information, document and other material relating to a request for a new, or a conversion or continuation of an existing, Borrowing, (ii) any notice pursuant to Section 2.07(a) and Section 2.07(b) and any
other notice relating to the payment of any principal or other amount due under any Loan Document prior to the scheduled date therefor, (iii) all notices of any Default or Event of Default and (iv) any notice, demand, communication,
information, document and other material required to be delivered to satisfy any of the conditions set forth in Article 3 or any other condition to any Borrowing or other extension of credit hereunder or any condition precedent to the
effectiveness of this Agreement. 
 “Approved Electronic Platform” has the meaning provided in Section 8.02(b). 

“Assignment and Assumption” means an Assignment and Assumption accepted by the Administrative Agent, and the Company where
applicable, in substantially the form of Exhibit D hereto. 
 “Attributable Debt” means, in respect of any lease
transaction described in Section 5.02(c), as of the date of determination, the lesser of (i) the sale price of the property so leased multiplied by a fraction the numerator of which is the remaining portion of the base term of the lease
included in such transaction and the denominator of which is the base term of such lease, and (ii) the total obligation (discounted to present value at the implicit interest factor, determined in accordance with generally accepted financial
practice, included in the rental payments or, if such interest factor cannot readily be determined, at a rate of interest of 10 % per annum, compounded semi-annually) of the lessee for rental payments (other than amounts required to be paid on
account of property taxes as well as maintenance, repairs, insurance, water rates and other items which do not constitute payments for property rights) during the remaining portion of the base term of the lease included in such transaction. 

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the
applicable Resolution Authority in respect of any liability of an Affected Financial Institution. 

“Bail-In Legislation” means (a) 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, regulation rule or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the
United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). 

  
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 “Base Rate” means a fluctuating interest rate per annum as shall be in
effect from time to time, which rate per annum shall at all times be equal to the highest of: 

(a)    the rate of interest announced publicly by the Reference Bank in New York, New York, from time
to time, as its base rate; 
 (b)    1/2 of one percent per annum above the Federal Funds Rate; and 

(c)    the rate equal to the Eurocurrency Rate for a Dollar denominated Advance having an Interest Period
of one month determined for each day that a Base Rate Advance is outstanding (and in respect of any day that is not a London Banking Day, such rate as in effect on the immediately preceding London Banking Day) plus 1.00% per annum. 

“Base Rate Advance” means an Advance denominated in Dollars that bears interest as provided in Section 2.05(a). 

“Beneficial Ownership Certification” means a certification regarding beneficial ownership as required by the Beneficial
Ownership Regulation. 
 “Beneficial Ownership Regulation” means 31 C.F.R. § 1010.230. 

“Borrowers” means, collectively, the Company and each Designated Borrower. 

“Borrowing” means a borrowing consisting of simultaneous Advances of the same Type made by each of the Lenders to a Borrower
pursuant to Section 2.01. 
 “Business Day” means a day of the year (a) on which banks are not required or
authorized to close in New York City, (b) if the applicable Business Day relates to any Eurocurrency Rate Advances, on which dealings in Dollars are carried on in the London interbank market, and (c) if such day relates to a Borrowing of,
or a payment or prepayment of principal of or interest on or an Interest Period for an Advance denominated in Euros, or a notice with respect thereto, that is also a TARGET Day. 

“Capital Lease” means any lease of property, real or personal, the obligations under which are capitalized on the
consolidated balance sheet of the Company and its Subsidiaries. 
 “Change of Control” means, with respect to the Company,
the occurrence of any event, act or condition which results in either (i) any Person other than the ESOP becoming the beneficial owner, directly or indirectly, of 30% or more of the outstanding common stock of the Company or
(ii) individuals who constitute the Continuing Directors ceasing for any reason to constitute at least the majority of the Board of Directors of the Company. 

“Citibank” has the meaning specified in the first paragraph of this Agreement. 

“Commitment” means, with respect to any Lender, the amount specified opposite such Lender’s name on Schedule I
hereto or, if such Lender has entered into any Assignment and 

  
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Assumption or Additional Commitment Agreement, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(c), as such amount may be increased
or reduced pursuant to Sections 2.01(b). The aggregate amount of the Commitments on the date hereof is $1,000,000,000. 

“Communications” means each notice, demand, communication, information, document and other material provided for hereunder or
under any other Loan Document or otherwise transmitted between the parties hereto relating to this Agreement, the other Loan Documents, any Loan Party or its Affiliates, or the transactions contemplated by this Agreement or the other Loan Documents
including, without limitation, all Approved Electronic Communications. 
 “Company” has the meaning specified in the first
paragraph of this Agreement. 
 “Consolidated Net Worth” means the excess over current liabilities of all assets
properly appearing on a consolidated balance sheet of the Company and its Subsidiaries after deducting the minority interests of others in Subsidiaries. 

“Consolidated Subsidiary” means at any date any Subsidiary or other entity the financial statements of which would, under
GAAP, be consolidated with those of the Company in its consolidated financial statements as of such date. 
 “Contingent
Obligation” as to any Person means any obligation of such Person guaranteeing or intended to guarantee any Indebtedness, leases, dividends or other obligations (“primary obligations”) of any other Person (the
“primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of such Person, whether or not contingent, (i) to purchase any such primary obligation or any property constituting
direct or indirect security therefor, (ii) to advance or supply funds (x) for the purchase or payment of any such primary obligation or (y) to maintain working capital or equity capital of the primary obligor or otherwise to maintain
the net worth or solvency of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such
primary obligation or (iv) otherwise to assure or hold harmless the owner of such primary obligation against loss in respect thereof; provided, however, that the term Contingent Obligation shall not include endorsements of
instruments for deposit or collection in the ordinary course of business. The amount of any Contingent Obligation shall be deemed to be an amount equal to the stated or determinable amount of the primary obligation in respect of which such
Contingent Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required to perform thereunder) as determined by such Person in good faith. 

“Continuing Director” means any member of the Board of Directors of the Company on the date of this Agreement and any
successor to a Continuing Director who is recommended or approved to succeed a Continuing Director by a majority of Continuing Directors who are then members of the Board of Directors of the Company. 

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

“Default” means an event which would constitute an Event of Default but for the giving of notice, the lapse of time or both.

 “Defaulting Lender” means at any time, subject to Section 2.13(c), (i) any Lender that has failed for two or
more Business Days to comply with its obligations under this Agreement to make an Advance, unless such Lender has notified the Administrative Agent and the Borrower in writing that such failure is the result of such Lender’s determination that
one or more conditions precedent to funding has not been satisfied (which conditions precedent, together with the applicable default, if any, will be specifically identified in such writing), (ii) any Lender that has notified the Administrative
Agent or the Company in writing, or has stated publicly, that it does not intend to comply with its funding obligations hereunder, (iii) any Lender that has defaulted on its funding obligations under other loan agreements or credit agreements
generally or that has notified, or whose Parent Company has notified, the Administrative Agent or the Company in writing, or has stated publicly, that it does not intend to comply with its funding obligations under loan agreements or credit
agreements generally, (iv) any Lender that has, for three or more Business Days after written request of the Administrative Agent or the Company, failed to confirm in writing to the Administrative Agent and the Company that it will comply with
its prospective funding obligations hereunder (provided that such Lender will cease to be a Defaulting Lender pursuant to this clause (iv) upon the Administrative Agent’s and the Company’s receipt of such written confirmation),
or (v) any Lender with respect to which a Lender Insolvency Event has occurred and is continuing with respect to such Lender or its Parent Company. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any of
clauses (i) through (v) above will be conclusive and binding absent manifest error, and such Lender will be deemed to be a Defaulting Lender (subject to Section 2.13(c)) upon notification of such determination by the Administrative
Agent to the Company and the Lenders. 
 “Designated Borrowers” means any Subsidiary of the Company as to which a
Designation Letter has been delivered to the Administrative Agent in accordance with and together with the other documents required by Section 2.14, and no Termination Letter has been delivered to the Administrative Agent thereunder. 

“Designation Letter” has the meaning provided in Section 2.14. 

“Dollar Equivalent” means, with respect to any amount denominated in an Alternate Currency on any date, the spot rate of
exchange that appears at 11:00 A.M. (London time), on the display page applicable to the relevant currency on the Oanda website on such date; provided that if there shall at any time no longer exist such a page on such website, the spot rate of
exchange shall be determined by reference to another similar rate publishing service selected by the Administrative Agent. 

  
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 “Dollars” and “$” mean lawful money of the United States
of America. 
 “Domestic Lending Office” means, with respect to any Lender, the office of such Lender specified in its
Administrative Questionnaire or in the Assignment and Assumption pursuant to which it became a Lender, or such other office of such Lender as such Lender may from time to time specify in writing to the Company and the Administrative Agent. 

“EBITDA” means, for any period, the sum (without duplication) for the Company and its Consolidated Subsidiaries on a
consolidated basis of the following: (a) net income for such period plus (b) to the extent deducted in determining net income for such period, the sum of (i) depreciation and amortization for such period,
(ii) Interest Expense for such period and (iii) taxes for such period. Notwithstanding the foregoing, (1) in calculating EBITDA for any period, any impairment charges or asset write-offs, in each case pursuant to the Impairment or
Disposal of Long-Lived Asset Subsections of ASC 360-10, shall be excluded, (2) in calculating EBITDA for any period, non-cash charges arising from purchase
accounting adjustments (including the effects of such adjustments pushed down to such Person and its Subsidiaries) in component amounts required or permitted by GAAP, resulting from the write-up of assets or
application of purchase accounting in relation to any consummated acquisition or the amortization, depreciation, or write-off of any amounts thereof, net of taxes, shall be excluded, (3) in calculating
EBITDA for any period, charges associated with stock-based compensation shall be excluded and (4) in calculating EBITDA for any period that includes one or more Adjustment Periods, EBITDA shall be increased by an amount equal to the Applicable
Adjustment Addbacks for any such Adjustment Periods. 
 “EEA Financial Institution” means (a) any credit institution
or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of
this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

 “EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. 

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

“Effective Date” has the meaning provided in Section 3.01. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, or any successors thereto,
and the regulations promulgated and the rulings found thereunder. 
 “ERISA Controlled Group” means a group consisting of
any ERISA Person and all members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control with such Person that, together with such Person, are treated as a single employer under
regulations promulgated under ERISA. 

  
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 “ERISA Person” has the meaning provided in Section 3(9) of ERISA for
the term “person.” 
 “ERISA Plan” means (i) any Plan that (x) is not a Multiemployer Plan and
(y) has Unfunded Benefit Liabilities in excess of $20,000,000 and (ii) any Plan that is a Multiemployer Plan. 

“ESOP” means Stanley Account Value Plan or any successor plan. 

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

“Euro” has the meaning provided in Section 2.15. 

“Eurocurrency Liabilities” has the meaning provided in Regulation D (or any successor regulation) of the Federal Reserve
Board, as in effect from time to time. 
 “Eurocurrency Lending Office” means, with respect to any Lender, the office of
such Lender specified in its Administrative Questionnaire or in the Assignment and Assumption pursuant to which it became a Lender (or, if no such office of such Lender is specified, its Domestic Lending Office), or such other office of such Lender
as such Lender may from time to time specify in writing to the Company and the Administrative Agent. 
 “Eurocurrency Rate”
means, for any Interest Period: 
 (a)    for each Eurocurrency Rate Advance denominated in Dollars
comprising part of the same Borrowing, an interest rate per annum equal to the offered rate for deposits in such Currency as quoted on the relevant Screen Page at 11:00 A.M. (London time) two London Banking Days before the first day of such Interest
Period, for a period equal to such Interest Period; or 
 (b)    for each Eurocurrency Rate Advance
denominated in Euros comprising part of the same Borrowing, an interest rate per annum equal to the offered rate for deposits in such Currency as quoted on the relevant Screen Page at 11:00 A.M. (Brussels time) two TARGET Days before the first day
of such Interest Period, for a period equal to such Interest Period); 
 provided that if the Eurocurrency Rate shall be less than
zero, such rate shall be deemed to be zero for the purposes of this Agreement. 
 “Eurocurrency Rate Advance” means an
Advance that bears interest as provided in Section 2.05(a)(ii). 
 “Eurocurrency Rate Reserve Percentage” for any
Lender for any Eurocurrency Rate Advances owing to such Lender means the reserve percentage applicable two Business Days before the first day of the applicable Interest Period under regulations issued from time to time by the Federal Reserve Board
for determining the maximum reserve requirement 

  
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(including, without limitation, any emergency, supplemental or other marginal reserve requirement) for such Lender with respect to liabilities or assets consisting of or including Eurocurrency
Liabilities having a term equal to the applicable Interest Period. 
 “Events of Default” has the meaning provided in
Section 6.01. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended form time to time, and the rules
and regulations promulgated thereunder from time to time in effect. 
 “Excluded Representation” means the representation
and warranty set forth in Section 4.01(g). 
 “FATCA” means Sections 1471 through 1474 of the Internal Revenue 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 regulations or official interpretations thereof, any agreements entered
into pursuant to Section 1471(b)(1) of the Internal Revenue Code, any intergovernmental agreement between the United States of America and any other relevant jurisdiction entered into in connection with the implementation of such Sections
of the Internal Revenue Code and any fiscal or regulatory legislation, rules or practices adopted pursuant to such intergovernmental agreement. 

“Federal Bankruptcy Code” means Title 11 of the United States Code entitled “Bankruptcy”, as amended from time
to time, or any successor thereto. 
 “Federal Funds Rate” means, for any period, a fluctuating interest rate per annum
equal for each day during such period as published for such day (or, if such day is not a Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York for overnight Federal funds transactions with members of the Federal
Reserve System, or, if such rate is not so published for any day which is a Business Day, the average of the quotations for such day on such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing
selected by it; provided that if the Federal Funds Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement. 

“Federal Reserve Board” means the Board of Governors of the Federal Reserve System as constituted from time to time. 

“Fitch” means Fitch Ratings Ltd. and any successor or successors thereto. 

“Foreign Currency Equivalent” means, with respect to any amount in Dollars, the spot rate of exchange that appears at 11:00
A.M. (London time), on the display page applicable to the relevant currency on the Oanda website on such date; provided that if there shall at any time no longer exist such a page on such website, the spot rate of exchange shall be determined by
reference to another similar rate publishing service selected by the Administrative Agent. 
 “GAAP” means United States
generally accepted accounting principles as in effect from time to time. 

  
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 “Hedge Agreements” means interest rate swap, cap or collar agreements,
interest rate future or option contracts, currency swap agreements, currency future or option contracts and other similar agreements. 

“Indebtedness” of any Person means, without duplication, (i) all indebtedness of such Person for borrowed money or for
the deferred purchase price of property or services (other than trade payables incurred in the ordinary course of business of such Person), (ii) all indebtedness of such Person evidenced by a note, bond, debenture or similar instrument,
(iii) the principal component of all Capital Lease obligations of such Person, (iv) the face amount of all letters of credit issued for the account of such Person and, without duplication, all unreimbursed amounts drawn thereunder,
(v) all indebtedness of any other Person secured by any Lien on any property owned by such Person, whether or not such indebtedness has been assumed, (vi) all Contingent Obligations of such Person, and (vii) all indebtedness of such
Person in respect of Hedge Agreements. 
 “Information” has the meaning provided in Section 8.02(d). 

“Information Memorandum” means the document in the form approved by the Company concerning the Loan Parties and their
Subsidiaries which, at the Company’s request and on its behalf, was prepared in relation to this transaction and distributed by the Lead Arrangers to selected financial institutions before the date of this Agreement. 

“Initial Lenders” has the meaning provided in the first paragraph of this Agreement. 

“Interest Coverage Ratio” means, for any period of four consecutive fiscal quarters, the ratio of (a) EBITDA for such
period to (b) Interest Expense for such period. 
 “Interest Expense” means, for any period, the sum
(determined without duplication) of the aggregate amount of interest reported in respect of such period on the Indebtedness of the Company and its Consolidated Subsidiaries on a consolidated basis, including, without limitation, the interest portion
of payments under Capital Lease obligations and any capitalized interest but excluding imputed (non-cash) interest expense in respect of convertible bonds issued by the Company or any of its Consolidated
Subsidiaries as calculated in accordance with the Financial Accounting Standards Board’s Staff Position Accounting Principles Board Opinion No. 14-1 (“Accounting for Convertible Debt Instruments
That May be Settled in Cash upon Conversion (Including Partial Cash Settlement)”), minus (i) interest income of the Company and its Consolidated Subsidiaries on a consolidated basis reported in respect of such period,
(ii) interest on deferred compensation reported in respect of such period, and (iii) any income/expense in respect of such period associated with
spot-to-forward differences or points on foreign currency trades that are included in interest income/expense as a result of Statement of Financial Accounting Standards
No. 133, as amended and interpreted. 
 “Interest Period” means, for each Eurocurrency Rate Advance comprising part of
the same Borrowing, the period commencing on the date of such Advance or the date of the continuation of such Eurocurrency Rate Advance or the date of the conversion of any Base Rate Advance into such Eurocurrency Rate Advance and ending on the last
day of the period selected 

  
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by a Borrower pursuant to the provisions below. The duration of each such Interest Period shall be one, two (not applicable to Eurocurrency Rate Advances denominated in Euros), three or
six months as a Borrower may select in the Notice of Borrowing or Notice of Conversion or Continuation for such Advance, as the case may be; provided that: 

(i)    a Borrower may not select any Interest Period which ends after the Termination Date or, if the
Advances have been converted to a term loan pursuant to Section 2.07(a) prior to such selection, that ends after the Maturity Date; 

(ii)    whenever the last day of any Interest Period would otherwise occur on a day other than a Business
Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day; provided that if such extension would cause the last day of such Interest Period to occur in the next following calendar month, the last
day of such Interest Period shall occur on the next preceding Business Day; 
 (iii)    any Interest
Period which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to clause (iv) below, end on the
last Business Day of a calendar month; 
 (iv)    (A) any Interest Period which would otherwise end
after the Termination Date shall end on the Termination Date or (B) if the Advances have been converted to a term loan pursuant to Section 2.07(a) prior to such selection, any Interest Period which would otherwise end after the
Maturity Date shall end on the Maturity Date; 
 (v)    if, upon the expiration of any Interest Period
with respect to a Borrowing, a Borrower has failed to elect a new Interest Period to be applicable to such Advances as provided above, such Borrower (x) if such Borrower is the Company, shall be deemed to have elected to convert such Advances
into a Base Rate Advance effective as of the expiration date of such current Interest Period and (y) if such Borrower is a Designated Borrower, shall be deemed to have elected a new Interest Period of 1 month to be applicable to such Advances;
and 
 (vi)    Interest Periods commencing on the same date for Eurocurrency Rate Advances comprising
part of the same Borrowing shall be of the same duration. 
 “Internal Revenue Code” means the Internal Revenue Code of
1986, as amended from time to time, or any successor thereto. 
 “Lead Arrangers” means Citibank, JPMorgan Chase Bank,
N.A., BofA Securities. Inc. and Wells Fargo Securities, LLC. 
 “Lender Insolvency Event” means that (i) a Lender or
its Parent Company is insolvent, or is generally unable to pay its debts as they become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of its creditors, or (ii) (x)
such Lender or its Parent Company is the subject of a Bail-In Action or a bankruptcy, insolvency, reorganization, liquidation or similar proceeding, or (y) such Lender or

  
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its Parent Company had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or
liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity; provided that a Lender Insolvency Event shall not result solely by virtue
of the ownership or acquisition of any equity interest in such Lender or its Parent Company by a governmental authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within
the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such governmental authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender;
provided, further, that a Lender Insolvency Event shall not result solely by virtue of the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official by a supervisory
authority or regulator with respect to a Lender or its Parent Company under the Dutch Financial Supervision Act 2007 (as amended from time to time and including any successor legislation). 

“Lenders” means the Initial Lenders and each Person that shall become a party hereto pursuant to Section 8.07. 

“Lien” shall mean any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or
other), or preferential payment arrangement, priority or other security agreement of any kind or nature whatsoever, including, without limitation, any conditional sale or other title retention agreement, any financing lease having substantially the
same effect as any of the foregoing and the filing of any financing statement or similar instrument under the Uniform Commercial Code or comparable law of any jurisdiction, domestic or foreign. 

“Loan Documents” means, collectively, this Agreement, the Notes, each Designation Letter and each Termination Letter. 

“Loan Parties” means, collectively, the Company and the Designated Borrowers. 

“Local Time” means (a) with respect to any Advance denominated or any payment to be made in Dollars, New York City time,
and (b) with respect to any Advance denominated or any payment to be made in an Alternate Currency, the local time in the Principal Financial Center for such Alternate Currency. 

“London Banking Day” means any day on which commercial banks are open for business (including dealings in foreign exchange
and foreign currency deposits) in London. 
 “Long-Term Indebtedness” means the long-term Senior Unsecured Indebtedness of
the Company. 
 “Margin Stock” has the meaning provided in Regulation U of the Board of Governors of the Federal
Reserve System, as in effect from time to time. 
 “Material Adverse Effect” means a material adverse effect on the
business, financial condition or results of operations of the Company and its Consolidated Subsidiaries taken as a whole. 

  
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 “Maturity Date” means the earlier of (a) the date selected by the
Company and notified to the Administrative Agent in the Term Loan Election, but not later than the first anniversary of the Termination Date and (b) the date of termination in whole of the aggregate Commitments pursuant to
Section 2.01(b) or 6.01. 
 “Moody’s” means Moody’s Investors Service, Inc. and any successor or
successors thereto. 
 “Multiemployer Plan” means a Plan which is a “multiemployer plan” as defined in
Section 4001(a)(3) of ERISA. 
 “Non-Defaulting Lender” means, at any
time, a Lender that is not a Defaulting Lender. 
 “Note” has the meaning provided in Section 2.11. 

“Notice of Borrowing” has the meaning provided in Section 2.02(b). 

“Notice of Conversion or Continuation” has the meaning provided in Section 2.04(b). 

“Other Taxes” has the meaning provided in Section 2.10(b). 

“Parent Company” means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board
Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender. 

“PBGC” means the Pension Benefit Guaranty Corporation established under ERISA, or any successor thereto. 

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

“Plan” means any employee benefit plan covered by Title IV of ERISA, the funding requirements of which: 

(i)    were the responsibility of the Company or a member of its ERISA Controlled Group at any time within
the five years immediately preceding the date hereof, 
 (ii)    are currently the responsibility of the
Company or a member of its ERISA Controlled Group, or 
 (iii)    hereafter become the responsibility of
the Company or a member of its ERISA Controlled Group, including any such plans as may have been, or may hereafter be, terminated for whatever reason. 

  
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 “Principal Financial Center” means, in the case of any Currency, the
principal financial center in the country of issue of such Currency, as reasonably determined by the Administrative Agent. 

“Principal Property” means all real property and tangible personal property constituting a manufacturing plant owned by the
Company or any of its Subsidiaries, exclusive of (i) motor vehicles, mobile materials handling equipment and other rolling stock, (ii) office furnishings and equipment, information and electronic data processing equipment, (iii) any
property financed through obligations issued by a state, territory or possession of the United States, or any political subdivision or instrumentality of the foregoing, on which the interest cannot, in the opinion of tax counsel of recognized
standing or in accordance with a ruling issued by the Internal Revenue Service, be included in gross income of the holder under Section 103(a)(1) of the Internal Revenue Code (or any successor to such provision) as in effect at the time of
the issuance of such obligations, (iv) any real property held for development or sale, or (v) any property and equipment included therein without deduction of any depreciation reserves the book value of which property and equipment in the
aggregate is less than 10% of Consolidated Net Worth or which the Board of Directors of the Company determines is not material to the operation of the business of the Company and its Subsidiaries taken as a whole. 

“Principal Subsidiary” means any Subsidiary of the Company which has net sales which represent 15% or more of the
consolidated net sales of the Company and its Consolidated Subsidiaries taken as a whole. 
 “Process Agent” has the
meaning provided in Section 8.13(b). 
 “Pro Rata Share” means, with respect to any Lender, the percentage
corresponding to the fraction the numerator of which shall be the amount of the Commitment of such Lender and the denominator of which shall be the aggregate amount of the Commitments of all Lenders. 

“Reference Bank” means Citibank or, if Citibank is no longer the Administrative Agent, such Person (which shall be a Lender
or the Administrative Agent) as shall be designated by the Company with the consent of the Required Lenders, which consent shall not be unreasonably withheld and with the consent of the Lender so appointed. 

“Register” has the meaning provided in Section 8.07(c). 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and such Person’s and such
Person’s Affiliates’ respective managers, administrators, trustees, partners, directors, officers, employees, agents, fund managers and advisors. 

“Reportable Event” has the meaning provided in Section 4043(b) of ERISA (other than a Reportable Event as to which
the provision of 30 days notice to the PBGC is waived under applicable regulations). 
 “Required Lenders” means at
any time Lenders representing in the aggregate at least 51% of the Commitments or, if the Commitments shall have terminated, Lenders representing in the aggregate at least 51% of the sum of the Advances owing to Lenders

  
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hereunder (computed, in the case of Advances in an Alternate Currency, as the Dollar Equivalent thereof as determined by the Administrative Agent), provided that if any Lender shall be a
Defaulting Lender at such time, there shall be excluded from the determination of Required Lenders at such time the Commitments of such Lender at such time. 

“Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution
Authority. 
 “Restricting Information” has the meaning provided in Section 8.02(d). 

“S&P” means S&P Global Ratings, a S&P Global Inc. business, and any successor or successors thereto. 

“Sanctioned Country” means, at any time, a country, region or territory which is itself the subject or target of any
Sanctions. 
 “Sanctioned Person” means, at any time, (a) any Person 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, or by the United Nations Security Council, the European Union, any European Union member state, the United
Kingdom or the Government of Canada, (b) any Person operating, organized or resident in a Sanctioned Country, (c) any Person directly or indirectly owned or controlled by any such Person or Persons described in the foregoing clauses
(a) or (b) or (d) any Person otherwise the target of any Sanctions. 
 “Sanctions” means economic or financial
sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of
State, or (b) the United Nations Security Council, the European Union, any European Union member state, Her Majesty’s Treasury of the United Kingdom or the Government of Canada or (c) the jurisdiction of organization of any Designated
Borrower. 
 “Screen Page” means the display designated as Bloomberg’s ICE LIBOR Fixings Page or EURIBOR &
EONIA Fixings Page, as the case may be (or such other page as may replace that page for the purpose of displaying London interbank offered rates or the Euro interbank offered rates of major banks). If more than one relevant rate appears on said ICE
LIBOR Fixings Page or EURIBOR & EONIA Fixings Page with respect to an Interest Period, the Eurocurrency Rate for that Interest Period will be based upon the arithmetic mean of such relevant rates. 

“SEC Filings” means the Company’s Exchange Act disclosures documents filed with the Securities and Exchange Commission
on Forms 8K, 10K or 10Q (or their equivalents). 
 “Senior Unsecured Indebtedness” means Indebtedness that is not
subordinated to any other Indebtedness and is not secured or supported by a guarantee, letter of credit or other form of credit enhancement. 

  
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 “Subsidiary” of any Person means (i) any corporation 50% or more of
whose stock of any class or classes having by the terms thereof ordinary voting power to elect a majority of the directors of such corporation (irrespective of whether or not at the time stock of any class or classes of such corporation shall have
or might have voting power by reason of the happening of any contingency) is at the time owned by such Person directly or indirectly through Subsidiaries and (ii) any partnership, association, joint venture, limited liability company or other
entity in which such Person, directly or indirectly through Subsidiaries, is either a general partner or has a 50% or more equity interest at the time. 

“TARGET Day” means any day on which TARGET2 is open for the settlement of payments in Euros. 

“TARGET2” means the Trans-European Automated Real Time Gross Settlement Express transfer payment system which utilizes a
single shared platform and which was launched on 19 November 2007. 
 “Taxes” has the meaning provided in
Section 2.10(a). 
 “Term Loan Conversion Date” means the Termination Date, if on such date all Advances outstanding
on such date are converted into a term loan pursuant to Section 2.07(a). 
 “Term Loan Election” has the meaning
specified in Section 2.07(a). 
 “Termination Date” means the earlier of (a) September 8, 2021 or (b) the
date of termination in whole of the Commitments pursuant to Section 2.01(b) or Section 6.01. 
 “Termination
Event” means (i) a Reportable Event, or (ii) the initiation of any action by the Company, any member of the Company’s ERISA Controlled Group or any ERISA Plan fiduciary to terminate an ERISA Plan or the treatment of an
amendment to an ERISA Plan as a termination under ERISA, or (iii) the institution of proceedings by the PBGC under Section 4042 of ERISA to terminate an ERISA Plan or to appoint a trustee to administer any ERISA Plan. 

“Termination Letter” has the meaning provided in Section 2.14. 

“Type” has the meaning provided in the definition of Advance. 

“UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time
to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes
certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 
 “UK
Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. 

  
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 “Unfunded Benefit Liabilities” means with respect to any Plan at any time,
the amount (if any) by which (i) the present value of all benefit liabilities under such Plan as defined in Section 4001(a)(16) of ERISA, exceeds (ii) the fair market value of all Plan assets allocable to such benefits, all determined
as of the then most recent valuation date for such Plan (on the basis of assumptions prescribed by the PBGC for the purpose of Section 4044 of ERISA). 

“Write-Down and Conversion Powers” means, (a) 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, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that Person or any
other Person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that
Bail-In Legislation that are related to or ancillary to any of those powers. 

SECTION 1.02    Computation of Time Periods; Terms Generally. In this Agreement in the computation of periods
of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”. The words “include”,
“includes” and “including” shall be deemed to be followed by the phrase “without limitation”. 
 
SECTION 1.03    Accounting Terms. All accounting terms not specifically defined herein shall be construed in accordance with GAAP. 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 the Company 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) in a manner such that any obligations relating to a lease that was accounted for by a Person as an operating lease as of the Effective Date and any similar lease entered into after the
Effective Date by such Person shall be accounted for as obligations relating to an operating lease and not as Capital Lease obligations. 

SECTION 1.04    Divisions. For all purposes under the Loan Documents, in connection with any division or plan
of division under Delaware law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then
it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the
holders of its equity interests at such time. 

  
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 ARTICLE II 

AMOUNTS AND TERMS OF THE ADVANCES 

SECTION 2.01    The Commitment. (a) The Advances. (i) Each
Lender severally agrees, on the terms and conditions hereinafter set forth to make Advances to the Company and any Designated Borrower in Dollars or an Alternate Currency from time to time on any Business Day during the period from the Effective
Date until the Termination Date in an aggregate amount not to exceed at any time outstanding such Lender’s Commitment; provided that at no time shall the aggregate outstanding principal amount of all Advances (determined, in the case of
an Advance denominated in an Alternate Currency, at the Dollar Equivalent thereof) exceed the total amount of the Commitments at such time. 

(ii)    Within the limits of each Lender’s Commitment and subject to the limitation set forth in
Section 2.07(c), each Borrower may borrow, repay, prepay (as provided in Section 2.07) and reborrow such amount or any portion thereof. 

(iii)    Each Borrowing shall be in an aggregate amount of $10,000,000 or an integral multiple of
$1,000,000 in excess thereof (or, in the case of a Borrowing denominated in an Alternate Currency, the Foreign Currency Equivalent thereof in such Alternate Currency, rounded to the nearest 1,000,000 units of such Alternate Currency) or, if less,
the aggregate amount of the unused Commitments and shall consist of Advances of the same Type made on the same day by the Lenders ratably according to their respective Commitments. 

(b)    Termination and Reduction. The Company shall have the right, upon at least three Business Days’ notice
to the Administrative Agent, to terminate in whole or reduce each Lender’s Pro Rata Share of the unused Commitments. Each partial reduction of the Commitments shall be in the aggregate amount of at least $10,000,000 or a larger whole multiple
of $1,000,000. 
 SECTION 2.02    Making the Advances. (a) [Reserved]. 

(b)    Notice of Borrowing. Each Borrowing shall be made on notice by the Company (on its own behalf or on behalf
of any Designated Borrower) to the Administrative Agent, which shall give to each Lender prompt notice thereof by telecopier, given not later than 11:00 A.M. (New York City time) on the date of the proposed Borrowing if such Borrowing is to be
comprised of Base Rate Advances and not later than 11:00 A.M. (New York City time) on the third Business Day prior to such date if such Borrowing is to be comprised of Eurocurrency Rate Advances. Each such notice of a Borrowing (a “Notice of
Borrowing”) shall be by telecopier, or by email, in substantially the form of Exhibit A hereto, specifying therein: (i) the name of the Borrower (which shall be the Company or a Designated Borrower), (ii) the requested date of
such Borrowing, (iii) the Type of Advances comprising such Borrowing, (iv) the aggregate amount and, for any Designated Borrower, the Currency of such Borrowing, and (v) in the case 

  
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of a Borrowing consisting of Eurocurrency Rate Advances, the initial Interest Period for each such Advance. Each Lender shall, before 1:00 P.M. (Local Time) on the date of such Borrowing, make
available for the account of its Applicable Lending Office to the Administrative Agent at the Administrative Agent’s Account for Advances denominated in the relevant Currency, in the relevant Currency and in same day funds, such Lender’s
Pro Rata Share of the requested amount of such Borrowing. Promptly after the Administrative Agent’s receipt of such funds (and in any event by the close of business New York City time on the date of such Borrowing) and upon fulfillment of the
applicable conditions set forth in Article III, the Administrative Agent will make the funds so received available to the Company or such other Borrower by depositing the same in such Currency and in immediately available funds into such
account of the Company or such other Borrower, as applicable, as shall have been specified in the related Notice of Borrowing. Each Lender may, at its option, make any Advance by causing any domestic or foreign branch or Affiliate of such Lender to
make such Advance; provided that any exercise of such option shall not affect in any manner the obligation of the applicable Borrower to repay such Advance in accordance with the terms of this Agreement. 

(c)    Illegality, Etc. Anything in subsection (a) or (b) above to the contrary notwithstanding,

 (i)    if any Lender shall notify the Administrative Agent that the introduction of or any change in
or in the interpretation of any law or regulation makes it unlawful, or that any central bank or other governmental authority asserts that it is unlawful, for such Lender or its Eurocurrency Lending Office to perform its obligations hereunder to
make Eurocurrency Rate Advances or to fund or maintain Eurocurrency Rate Advances hereunder, the Administrative Agent shall forthwith give notice thereof to the other Lenders and the Company, whereupon (A) such Lender shall have no obligation
to make Eurocurrency Rate Advances, or to convert Advances into Eurocurrency Rate Advances, until such Lender notifies the Company and the Administrative Agent that the circumstances causing such suspension no longer exist and (B) each Borrower
shall be deemed to have converted all Eurocurrency Rate Advances of such Lender then outstanding into Base Rate Advances in accordance with Section 2.04 on and as of the date of the Administrative Agent’s receipt of such notice, unless and
to the extent such notice directs that one or more Eurocurrency Rate Advances shall be so converted on the last day of the applicable Interest Period, provided that (w) before giving any such notice, such Lender agrees to use reasonable
efforts (consistent with its internal policy and legal and regulatory restrictions) to designate a different Applicable Lending Office if the making of such a designation would avoid the need for such suspension and conversion and would not, in the
reasonable judgment of such Lender, be otherwise disadvantageous to such Lender, (x) any request by a Borrower for Eurocurrency Rate Advances during a time when a Lender’s obligation to make, or convert Advances into, Eurocurrency Rate
Advances shall be suspended hereunder shall be deemed to be a request for, or for conversion into, Base Rate Advances from such Lender (in the case of a Eurocurrency Rate Advance denominated in an Alternate Currency, in an amount equal to the Dollar
Equivalent thereof), (y) all Advances that would otherwise be made by such Lender as Eurocurrency Rate Advances during any such suspension shall instead be made as Base Rate Advances (in the case of a Eurocurrency Rate Advance denominated in an

  
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Alternate Currency, in an amount equal to the Dollar Equivalent thereof) and (z) in the event any Lender shall notify the Administrative Agent and the Company of the occurrence of the
circumstances causing such suspension under this Section 2.02(c), all payments and prepayments of principal that would otherwise have been applied to repay the Eurocurrency Rate Advances that would have been made by such Lender or the converted
Eurocurrency Rate Advances shall instead be applied to repay the Base Rate Advances made by such Lender in lieu of, or resulting from the conversion of, such Eurocurrency Rate Advances; 

(ii)    if the Administrative Agent cannot furnish the Eurocurrency Rate for any Borrowing consisting of
Eurocurrency Rate Advances because of conditions existing in the London interbank market, the right of the Borrowers to select Eurocurrency Rate Advances shall be suspended until the Administrative Agent shall notify the Company and the Lenders that
the circumstances causing such suspension no longer exist; 
 (iii)    if the Required Lenders shall, at
least one Business Day before the date of any requested Eurocurrency Rate Advance, notify the Administrative Agent that the Eurocurrency Rate for any Interest Period will not adequately reflect the cost to the Required Lenders of making, funding or
maintaining their respective Eurocurrency Rate Advances for such Interest Period, the Administrative Agent shall forthwith so notify the Company and the Lenders, whereupon the Lenders shall have no obligation to make, or convert Advances into,
Eurocurrency Rate Advances until the Administrative Agent shall notify the Company and the Lenders that the circumstances causing such suspension no longer exist; and 

(iv)    if any Lender shall notify the Administrative Agent that the introduction of or any change in or in
the interpretation of any law or regulation makes it unlawful, or that any central bank or other governmental authority asserts that it is unlawful, for such Lender to perform its obligations hereunder to make Advances or to fund or maintain
Advances hereunder to such Designated Borrower, the Administrative Agent shall forthwith give notice thereof to the Company, whereupon such Lender shall have no obligation to make Advances to such Designated Borrower, until such Lender notifies the
Company and the Administrative Agent that the circumstances causing such suspension no longer exist. 
 (d)    Effect
of Failure to Fulfill Conditions. Each Notice of Borrowing shall be irrevocable and binding on the Company and the relevant Designated Borrower. In the case of any Borrowing that the related Notice of Borrowing specifies is to be comprised of
Eurocurrency Rate Advances, the relevant Borrower shall indemnify each Lender against any loss, cost or expense incurred by such Lender as a result of any failure to fulfill on or before the date specified in such Notice of Borrowing for such
Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss (excluding anticipated profits), cost or expense reasonably incurred by reason of the liquidation or reemployment of deposits or other funds
acquired by such Lender to fund the Advance to be made by such Lender as part of such Borrowing when such Advance, as a result of such failure, is not made on such date, such indemnity to be paid promptly upon receipt by the relevant Borrower of a
certificate of such Lender setting forth the calculation of the amount of the indemnity claimed by such Lender. 

  
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 (e)    Funds Available. Unless the Administrative Agent shall
have received notice from a Lender prior to 1:00 P.M. (New York City time) on the date of any Borrowing that such Lender will not make available to the Administrative Agent such Lender’s ratable portion of such Borrowing, the Administrative
Agent may assume that such Lender has made such portion available to the Administrative Agent on the date of such Borrowing in accordance with subsection (a) of this Section 2.02 and the Administrative Agent may, in reliance upon such
assumption, make available to the relevant Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made such ratable portion available to the Administrative Agent, such Lender and the relevant Borrower
severally agree to repay to the Administrative Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to the relevant Borrower until the date such amount is repaid
to the Administrative Agent, at (i) in the case of the relevant Borrower, the interest rate applicable at the time to Advances comprising such Borrowing and (ii) in the case of such Lender, the Federal Funds Rate. If such Lender shall
repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Advance as part of such Borrowing for purposes of this Agreement. 

(f)    Failure to Make Advances. The failure of any Lender to make the Advance to be made by it as part of any
Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Advance on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other
Lender on the date of any Borrowing. 
 SECTION 2.03    Fees.
(a) Commitment Fee. The Company agrees to pay to the Administrative Agent for the account of each Lender a commitment fee in Dollars on the amount of such Lender’s unused Commitment from the date hereof in the case of each Lender
and, in the case of each Person which becomes a Lender pursuant to Section 8.07, from the effective date specified in the Assignment and Assumption pursuant to which it became a Lender, until the Termination Date at the Applicable Commitment
Fee Rate, payable quarterly in arrears on the last day of each March, June, September and December during the term hereof and on the Termination Date; provided that no Defaulting Lender shall be entitled to receive any commitment
fee for any period during which that Lender is a Defaulting Lender (and the Company shall not be required to pay such fee that otherwise would have been required to have been paid to that Defaulting Lender). All computations of the commitment fee
shall be based on a year of 360 days. 
 (b)    Administrative Agent’s Fees. The Company shall pay to
the Administrative Agent in Dollars for its own account such fees as may from time to time be agreed between the Company and the Administrative Agent. 

SECTION 2.04    Continuation and Conversion. (a) General. Subject to the other provisions hereof,
each Borrower shall have the option (i) to convert all or any part of an outstanding Borrowing consisting of Base Rate Advances to a Borrowing consisting of Eurocurrency Rate Advances, (ii) to convert all or any part of an outstanding
Borrowing in 

  
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Dollars consisting of Eurocurrency Rate Advances to a Borrowing consisting of Base Rate Advances, or (iii) to continue all or any part of an outstanding Borrowing consisting of Eurocurrency
Rate Advances as a Borrowing consisting of Eurocurrency Rate Advances for an additional Interest Period; provided that no Borrowing consisting of Eurocurrency Rate Advances shall be so converted other than as contemplated by
Section 2.02(c) or continued, until the expiration of the Interest Period applicable thereto. 

(b)    Notice of Conversion or Continuation. In order to elect to convert or continue a Borrowing hereunder, the
Company (on its own behalf or on behalf of any Designated Borrower) shall deliver an irrevocable notice thereof (a “Notice of Conversion or Continuation”) to the Administrative Agent by telecopier or by email, no later than
(i) 11:00 A.M., (New York City time) on the proposed conversion date in the case of a conversion to Base Rate Advances and (ii) 11:00 A.M. (New York City time) on the third Business Day in advance of the proposed conversion or continuation
date in the case of a conversion to, or a continuation of, Eurocurrency Rate Advances, substantially in the form of Exhibit B hereto. A Notice of Conversion or Continuation shall specify (w) the requested conversion or continuation date
(which shall be a Business Day), (x) the amount and Type of the Advances to be converted or continued, (y) whether a conversion or continuation is requested, and (z) in the case of a conversion to, or a continuation of, Eurocurrency Rate
Advances, the requested Interest Period. The relevant Eurocurrency Rate for such Interest Period in the case of a conversion to, or a continuation of, Eurocurrency Rate Advances shall be determined in the manner provided in
Section 2.02(a) as if such conversion or continuation is instead new Eurocurrency Rate Advances in such amount, on such date and for such Interest Period. If the Company fails to give a Notice of Conversion or Continuation with respect to
an outstanding Borrowing consisting of Eurocurrency Rate Advances in Dollars as provided in clause (ii) above, the Company shall be deemed to have converted such Eurocurrency Rate Advances into Base Rate Advances in accordance with this
Section 2.04 if such Advances are outstanding after the last day of the Interest Period with respect thereto. If the Company fails to give a Notice of Conversion or Continuation with respect to an outstanding Borrowing consisting of
Eurocurrency Rate Advances in an Alternate Currency as provided in clause (ii) above, the Company shall be deemed to have converted such Eurocurrency Rate Advances into a Eurocurrency Rate Advance with an Interest Period of one
(1) month in accordance with this Section 2.04 if such Advances are outstanding after the last day of the Interest Period with respect thereto. 

SECTION 2.05    Interest on Advances. (a) Each Borrower shall pay
interest on the unpaid principal amount of each Advance owing to each Lender from the date the proceeds of such Advance are made available to such Borrower until such principal amount shall be paid in full, at the following rates per annum: 

(i)    Base Rate Advances. If such Advance is a Base Rate Advance, a rate per annum equal to the
Base Rate in effect from time to time plus the Applicable Base Rate Margin, payable in arrears quarterly on the last Business Day of each fiscal quarter during the period such Base Rate Advance remains outstanding and on the date such Base Rate
Advance shall be paid in full; and 
 (ii)    Eurocurrency Rate Advances. If such Advance is a
Eurocurrency Rate Advance, a rate per annum equal at all times during the Interest Period for such 

  
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Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin for such Interest Period, payable in arrears on the last day of such Interest Period
and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period. 

(b)    Default Rate. In the event that, and for so long as, any Event of Default shall have occurred
and be continuing, the outstanding principal amount of all Advances and, to the extent permitted by law, overdue interest in respect of all Advances, shall bear interest at a rate per annum equal to the sum of two percent (2%) plus the interest rate
otherwise applicable hereunder to such principal amount in effect from time to time. In the event that, and for so long as, any Default under Section 6.01(a) shall have occurred and be continuing, the outstanding principal amount of the
Advance with respect to which such Default has occurred and is continuing shall bear interest at a rate per annum equal to the sum of two percent (2%) plus the interest rate otherwise applicable hereunder to such principal amount in effect from time
to time. 
 SECTION 2.06    Additional Interest on Eurocurrency Rate Advances. Each Borrower shall pay to
each Lender, during each period as such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on
the unpaid principal amount of each Eurocurrency Rate Advance of such Lender outstanding during such period, from the later of the date such reserves are required and the making of such Advance until the earlier of the date such reserves are no
longer required and such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurocurrency Rate for the Interest Period applicable to such Advance from (ii) the
rate obtained by dividing such Eurocurrency Rate by a percentage equal to 100% minus the average Eurocurrency Rate Reserve Percentage of such Lender during such period, payable on each date on which interest is payable on such Advance. Such Lender
shall determine the amount of such additional interest, if any, and promptly notify the relevant Borrower through the Administrative Agent of the amount thereof. 

SECTION 2.07    Repayment; Prepayment of Advances; Etc. (a)
Repayment. Each Borrower shall, subject to the next succeeding sentence, repay to the Administrative Agent for the ratable account of each Lender on the Termination Date the aggregate principal amount of the Advances then outstanding. The
Company may, upon notice to the Administrative Agent given not later than 11:00 A.M. (New York City time) on the Termination Date, elect (the “Term Loan Election”) to convert all of the Advances outstanding on the Termination Date
in effect at such time into a term loan which the Borrowers shall repay in full ratably to the Lenders on the Maturity Date; provided, that the Term Loan Election may not be exercised unless (i) the Borrowers have, on or prior to the
Termination Date, paid to the Administrative Agent for the account of each Lender, a fee equal to 1.00% of the principal amount of the Advances outstanding on the Termination Date, each such fee to be allocated to the Lenders in accordance with
their respective Pro Rata Shares; and (ii) the conditions listed in Section 3.02(x) and (y) are satisfied on the date of notice of the Term Loan Election and on the date on which the Term Loan Election is to be effected. All Advances
converted into a term loan pursuant to this Section 2.07 shall continue to constitute Advances except that the Borrowers may not reborrow pursuant to Section 2.01 after all or any portion of such Advances have been prepaid pursuant to
Section 2.07(b). 

  
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 (b)    Prepayment of Advances. No Borrower shall have the right
to prepay any principal amount of any Advances other than as provided in this Section 2.07. 
 (c)    (i)
Optional. Any Borrower may, upon notice no later than 11:00 A.M. (New York City time) on the second Business Day before the prepayment of Eurocurrency Rate Advances, no later than 11:00 A.M. (New York City time) on the day of the
prepayment in the case of Base Rate Advances, in either case to the Administrative Agent and stating the proposed date and principal amount of the prepayment, and if such notice is given such Borrower shall, prepay the outstanding principal amount
of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that each partial prepayment shall be in the
aggregate principal amount of at least $5,000,000 or a larger whole multiple of $1,000,000 (or, in the case of Advances denominated in an Alternate Currency, the Foreign Currency Equivalent thereof in such Alternate Currency, rounded to the nearest
1,000,000 units of such Alternate Currency) and, in the case of a payment or prepayment of a Eurocurrency Rate Advance other than on the last day of the Interest Period for such Advance as provided herein, shall have the consequences set forth in
Section 8.04(b). 
 (ii)    Change of Control. The Company shall notify the Administrative Agent
immediately upon becoming aware of any Change of Control. Upon receipt of such notice and for a period of 90 days thereafter, the Required Lenders shall be entitled, by written notice to the Company received within such period, to terminate the
Commitments in whole and require the Company and any other Borrower to prepay all outstanding Advances within 5 Business Days of its receipt of such notice, together with any accrued and unpaid interest thereon to the date of such prepayment and any
other amounts due hereunder. Notwithstanding any other provision contained herein, a Change of Control shall not, in and of itself, constitute a Default hereunder. 

(d)    Alternate Currency Revaluation. (i) If at any time by reason of fluctuations in foreign exchange rates
the aggregate outstanding principal amount of all Advances (for which purpose the amount of any Advance that is denominated in an Alternate Currency shall be deemed to be the Dollar Equivalent thereof as of the date of determination) exceeds 105% of
the aggregate amount of the Commitments at such time, the Administrative Agent shall use all reasonable efforts to give prompt written notice thereof to the Company, specifying the amount to be prepaid under this clause (i), and the Company
shall, within five Business Days of the date of such notice, prepay the Advances, or cause Advances to be prepaid, in an amount so that after giving effect thereto the aggregate outstanding principal amount of the Advances (determined as aforesaid)
does not exceed the aggregate amount of the Commitments; provided that any such payment shall be accompanied by any amounts payable under Section 8.04(b). The determination of which Advances to prepay hereunder shall be at the sole
option of the Company. The determinations of the Administrative Agent hereunder shall be conclusive and binding on the Borrowers in the absence of manifest error. 

  
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 (ii)    In addition, if on the last day of any Interest Period the
aggregate outstanding principal amount of the Advances (for which purpose the amount of any Advance that is denominated in an Alternate Currency shall be deemed to be the Dollar Equivalent thereof as of the date of determination), would exceed 100%
of the aggregate amount of the Commitments, the Administrative Agent shall use all reasonable efforts to give prompt written notice thereof to the Company, specifying the amount to be prepaid under this clause (ii), and the Company shall,
within five Business Days of the date of such notice, prepay the Advances, or cause Advances to be prepaid, or reduce the requested Advances in such amounts that after giving effect to such action the aggregate outstanding principal amount of the
Advances does not exceed the aggregate amount of the Commitments; provided that any such payment shall be accompanied by any amounts payable under Section 8.04(b). The determination of which Advances to prepay hereunder shall be at the
sole option of the Company. The determinations of the Administrative Agent hereunder shall be conclusive and binding on the Borrowers in the absence of manifest error. 

SECTION 2.08    Increased Costs. (a) Changes in Law, Etc. If, due to (i) the introduction of
or any change in or in the official interpretation of any law or regulation on or after the date of this Agreement, or (ii) the compliance with any guideline or request not applicable on the date of this Agreement from any central bank or other
governmental authority (whether or not having the force of law), there shall be any increase in the cost to any Lender of agreeing to make or making, funding, continuing, converting into or maintaining Eurocurrency Rate Advances, then upon demand by
such Lender received by the Company (with a copy of such demand to the Administrative Agent) accompanied by the certificate described in the next sentence, pay, or cause to be paid, to the Administrative Agent for the account of such Lender
additional amounts sufficient to compensate such Lender for such increased cost, such amounts to be due and payable within two Business Days of such Lender’s invoice therefor. A certificate as to the amount of such increased cost, submitted to
the Company and the Administrative Agent by such Lender, shall be conclusive and binding on the Borrowers for all purposes, absent manifest error. 

(b)    Capital Adequacy. If, due to (i) the introduction of or any change in or in the official interpretation
of any law or regulation on or after the date of this Agreement, or (ii) the compliance with any guideline or request not applicable on the date of this Agreement from any central bank or other governmental authority (whether or not having the
force of law, any Lender determines that the amount of capital or liquidity required or expected to be maintained by such Lender or any corporation controlling such Lender has been or would be affected and that the amount of such capital or
liquidity is increased by or based upon the existence of such Lender’s Advances or commitment to lend hereunder and other commitments of this type, then, upon demand by such Lender received by the Company within such time from the relevant
change or introduction described above as is reasonably required in order to determine the effect thereof (with a copy of such demand to the Administrative Agent) accompanied by a certificate of such Lender as to the amounts demanded, the Company
shall pay, or cause to be paid, to the Administrative Agent for the account of such Lender, from time to time as specified by such Lender, additional amounts sufficient to compensate such Lender or such corporation, as the case may be, to the extent
that such Lender reasonably determines such increase in capital or liquidity to be allocable to the existence of such Lender’s Advances or commitment to lend hereunder, such amounts to be due and payable within two days of such

  
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Lender’s invoice therefor. A certificate as to such amounts submitted to the Company and the Administrative Agent by such Lender shall be conclusive and binding on the Borrowers for all
purposes, absent manifest error. 
 (c)    For the avoidance of doubt, subsections (a) and (b) of this
Section above shall include any changes resulting from (x) requests, rules, guidelines or directives concerning capital adequacy issued in connection with the Dodd-Frank Wall Street Reform and Consumer Protection Act and (y) all
requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case
pursuant to Basel III, and in each case for both clauses (x) and (y), regardless of the date enacted, adopted, issued or implemented. 

SECTION 2.09    Payments and Computations. (a) Manner of Payment.
Each Borrower shall make each payment hereunder and under the Notes without deduction, setoff or counterclaim not later than 11:00 A.M. (Local Time) on the day when due to the Administrative Agent at the Administrative Agent’s Account in the
Principal Financial Center for the relevant Currency in same day funds. The Administrative Agent will promptly thereafter cause to be distributed like Currency and funds relating to the payment of principal or interest or commitment fees ratably
(other than amounts payable pursuant to Section 2.02(d), 2.06, 2.08, 2.10, 2.16 or 8.04(b)) to the Lenders for the account of their respective Applicable Lending Offices, and like funds relating to the payment of any other amount payable to any
Lender to such Lender for the account of its Applicable Lending Office, in each case to be applied in accordance with the terms of this Agreement. Upon its acceptance of an Assignment and Assumption and recording of the information contained therein
in the Register pursuant to Section 8.07(c), from and after the effective date specified in such Assignment and Assumption, the Administrative Agent shall make all payments hereunder and under the Notes in respect of the interest assigned
thereby to the Lender assignee thereunder, and the parties to such Assignment and Assumption (which shall not include any Borrower) shall make all appropriate adjustments in such payments for periods prior to such effective date directly between
themselves. The making by any Borrower of any payment to the Administrative Agent for the account of any Lender as herein provided shall pro tanto discharge the relevant obligation of such Borrower to such Lender. 

(b)    Setoff. If a Default or an Event of Default shall have occurred and be continuing, each Lender and its
Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held
and other indebtedness at any time owing by such Lender or its Affiliates to any Borrower against any of and all the obligations of such Borrower now or hereafter existing under this Agreement and the Notes held by such Lender, although such
obligations may be unmatured. The rights of each Lender and its Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) which such Lender may have. 

(c)    Interest. All computations of interest based on (i) the Base Rate shall be made by the Administrative
Agent on the basis of a year of 365 or 366 days, as the case may be, and (ii) the Eurocurrency Rate or the Federal Funds Rate and all computations of interest 

  
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pursuant to Section 2.06 shall be made by the Administrative Agent on the basis of a year of 360 days, in each case for the actual number of days (including the first day but
excluding the last day) occurring in the period for which such interest is payable. Each determination by the Administrative Agent of an interest rate for any Advance hereunder shall be conclusive and binding for all purposes, absent manifest error.

 (d)    Business Days. Whenever any payment hereunder or under the Notes shall be stated to be due on a day
other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or commitment fee, as the case may be; provided that if
such extension would cause payment of interest on or principal of Eurocurrency Rate Advances to be made in the next following calendar month, such payment shall be made on the next preceding Business Day. 

(e)    Assumption of Payment. Unless the Administrative Agent shall have received notice from a Borrower prior to
the date on which any payment is due to the Lenders hereunder that such Borrower will not make such payment in full, the Administrative Agent may assume that such Borrower has made such payment in full to the Administrative Agent on such date and
the Administrative Agent may, in reliance upon such assumption, cause to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent such Borrower shall not have so made such payment in
full to the Administrative Agent, each Lender shall repay to the Administrative Agent forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender
until the date such Lender repays such amount to the Administrative Agent, at the Federal Funds Rate (if such Advance is denominated in Dollars) or at the cost of funds incurred by the Administrative Agent (if such Advance is denominated in an
Alternate Currency). 
 (f)    Rate Information. The Reference Bank shall notify the Company and the
Administrative Agent of the Base Rate in effect on the first Business Day on which a Base Rate Advance is outstanding and each day on which a change in the Base Rate occurs, each in sufficient detail to enable the Company to calculate interest
payments hereunder with respect to Base Rate Advances, and shall provide such information to any Lender promptly upon its request. The Company will provide to the Administrative Agent (i) promptly upon receipt thereof copies of the information
received by the Company pursuant to the immediately preceding sentence, (ii) promptly upon the making of any interest payment with respect to a Base Rate Advance hereunder a schedule based on such information setting forth the Base Rate for
each day in the period in which such Advance was outstanding, and (iii) promptly upon obtaining knowledge thereof, notice of any change in the rating assigned by S&P, Moody’s, or Fitch to the Company’s Long-Term Indebtedness and
the date of such change, provided that the Company’s failure to provide any of the foregoing information shall be deemed not to be a Default or an Event of Default hereunder. 

(g)    Currency of Payments. All payments of principal of and interest on, and any amounts payable under
Section 2.06 in respect of, an Advance that is denominated in a particular Currency shall be made in such Currency, and all other amounts payable under this Agreement (except as specified in Section 9.06) shall be paid in Dollars. 

  
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 (h)    Successor LIBOR. Notwithstanding anything to the contrary
in this Agreement, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the Required Lenders notify the Administrative Agent (with a copy to the Company) that the Required Lenders have
determined, that: 
 (i)    adequate and reasonable means do not exist for ascertaining the Eurocurrency
Rate for any requested Interest Period, including, without limitation, because the Eurocurrency Rate is not available or published on a current basis and such circumstances are unlikely to be temporary; or 

(ii)    the supervisor for the administrator of LIBOR or a governmental authority having jurisdiction over
the Administrative Agent has made a public statement identifying a specific date after which the London interbank offered rate (“LIBOR”) or the Eurocurrency Rate shall no longer be made available, or used for determining the
interest rate of loans (such specific date, the “Scheduled Unavailability Date”), 
 then, after such determination by the Administrative
Agent or receipt by the Administrative Agent of such notice, as applicable, the Administrative Agent and the Company may amend this Agreement to replace LIBOR with an alternate benchmark rate (including any mathematical or other adjustments to the
benchmark (if any) incorporated therein) that has been broadly accepted by the syndicated loan market in the United States in lieu of LIBOR (any such proposed rate, a “LIBOR Successor Rate”; provided that if the LIBOR
Successor Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement), together with any proposed LIBOR Successor Rate Conforming Changes (as defined below) and, notwithstanding anything to the contrary in
Section 8.01, any such amendment shall become effective at 5:00 p.m. (New York time) on the fifth Business Day after the Administrative Agent shall have posted such proposed amendment to all Lenders and the Company unless, prior to such time,
Lenders comprising the Required Lenders have delivered to the Administrative Agent notice that such Required Lenders do not accept such amendment. 
 If no
LIBOR Successor Rate has been determined and the circumstances under clause (i) above exist or the Scheduled Unavailability Date has occurred, the obligation of the Lenders to make or maintain Eurocurrency Rate Advances shall be suspended, (to
the extent of the affected Eurocurrency Rate Advances or Interest Periods). Upon receipt of such notice, the Borrowers may revoke any pending request for a Eurocurrency Borrowing of, conversion to or continuation of Eurocurrency Rate Advances (to
the extent of the affected Eurocurrency Rate Advances or Interest Periods) or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Advances in the amount specified therein (or, in the case of a
Eurocurrency Rate Advance denominated in an Alternate Currency, in an amount equal to the Dollar Equivalent thereof). 

“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 administrative matters as may be appropriate, in the discretion of the Administrative Agent, to
reflect the adoption of such LIBOR Successor Rate and to permit the administration thereof by the Administrative Agent in a manner substantially 

  
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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 in consultation with the Company). 

SECTION 2.10    Taxes. (a) General. Any and all payments by each Loan Party hereunder or under the
Notes shall be made in accordance with Section 2.09, free and clear of and without deduction for any and all taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto (which are, with respect to
payments by the Company only, and with respect to United States withholding tax, not in effect or not imposed on the date of this Agreement); excluding, in the case of each Lender and the Administrative Agent, taxes imposed on its income, and
franchise taxes imposed on it by the jurisdiction under the laws of which such Lender or the Administrative Agent (as the case may be) is organized or any political subdivision thereof and, in the case of each Lender, taxes imposed on its income,
and franchise taxes imposed on it, by the jurisdiction of such Lender’s Applicable Lending Office or any political subdivision thereof, and any U.S. federal withholding taxes imposed under FATCA (all such
non-excluded taxes, levies, imposts, deductions, charges, withholdings and liabilities being hereinafter referred to as “Taxes”). 

(b)    Other Taxes. In addition, each Loan Party agrees to pay any stamp or documentary taxes or any other excise
or property taxes, charges or similar levies which arise from any payment made hereunder or under the Notes or from the execution, delivery or registration of, or otherwise with respect to, this Agreement not in effect or not imposed on the date of
this Agreement or the Notes (hereinafter referred to as “Other Taxes”) upon notice from the Lender. 

(c)    Tax Indemnity. Each Loan Party will indemnify each Lender and the Administrative Agent for the full amount
of Taxes or Other Taxes (including, without limitation, any Taxes or Other Taxes imposed by any jurisdiction on amounts payable under this Section 2.10) paid by such Lender or the Administrative Agent (as the case may be) and any liability
(including penalties, interest and expenses) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes were correctly or legally asserted. This indemnification shall be made within 30 days from the date such Lender or
the Administrative Agent (as the case may be) makes written demand therefor. 
 (d)    Receipt. Within
30 days after the date of any payment of Taxes, each Loan Party will furnish to the Administrative Agent, at its address referred to in Section 8.02, the original or a certified copy of a receipt evidencing payment thereof. 

SECTION 2.11    Promissory Notes. Any Lender may request that Advances of any
Type made by it be evidenced by a promissory note. In such event, the relevant 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) substantially in the form of Exhibit E (a “Note”) in the case of the Advances. Thereafter, such Advances evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to
Section 8.07) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and its registered assigns). 

  
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 SECTION 2.12    Use of Proceeds of Advances. Each Borrower
will use the proceeds of the Advances solely for general corporate purposes. 

SECTION 2.13    Defaulting Lenders. (a) Notwithstanding anything to the
contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, the Administrative Agent shall deliver written notice to such effect upon obtaining knowledge of such event to the Company and such Defaulting Lender, and the following
provisions shall apply for so long as such Lender is a Defaulting Lender: 
 (i)    any payment of
principal, interest, fees or other amounts received by the Administrative Agent for the account of any Defaulting Lender under this Agreement (whether voluntary or mandatory, at maturity, pursuant to Article VI or otherwise) shall be applied at
such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder; second, as the Company may request (so long as
no Default or Event of Default exists), to the funding of any Advance in respect of which that Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent; third, to the
payment of any amounts owing to the Lenders as a result of any judgment of a court of competent jurisdiction obtained by any Lender against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this
Agreement; fourth, so long as no Default or Event of Default exists, to the payment of any amounts owing to any Borrower as a result of any judgment of a court of competent jurisdiction obtained by such Borrower against such Defaulting Lender
as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and fifth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that if (x) such payment is
a payment of the principal amount of any Advance in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y) such Advances were made at a time when the applicable conditions set forth in Article III were
satisfied or waived, such payment shall be applied solely to pay the Advances of all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Advances of such Defaulting Lender
and provided further that any amounts held as cash collateral for funding obligations of a Defaulting Lender shall be returned to such Defaulting Lender upon the termination of this Agreement and the satisfaction of such Defaulting
Lender’s obligations hereunder. Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post cash collateral pursuant to this
Section 2.13 shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(b)    No Commitment of any Lender shall be increased or otherwise affected, and, except as otherwise expressly provided
in this Section 2.13, performance by the Borrowers of their obligations shall not be excused or otherwise modified as a result of the operation of this Section 2.13. The rights and remedies against a Defaulting Lender under this
Section 2.13 are in addition to any other rights and remedies which the Borrowers, the Administrative Agent or any Lender may have against such Defaulting Lender. 

  
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 (c)    If the Company and the Administrative Agent agree in writing in
their reasonable determination that a Defaulting Lender should no longer be deemed to be a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any
conditions set forth therein (which may include arrangements with respect to any cash collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Advances of the other Lenders or take such other actions as
the Administrative Agent may determine to be necessary to cause such Advances to be held on a pro rata basis by the Lenders in accordance with their pro rata share, whereupon such Lender will cease to be a Defaulting Lender; provided that no
adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrowers while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly
agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from such Lender’s having been a Defaulting Lender. 

SECTION 2.14    Borrowings by Designated Borrowers. (a) The Company may, at any time or from time to
time, upon not less than 15 Business Days notice to the Administrative Agent, designate one or more Subsidiaries organized in any of the jurisdictions listed on Schedule II or, subject to the final two paragraphs of this
clause (a) below, any other jurisdiction, as Borrowers hereunder. Upon any such designation of a Subsidiary and the Administrative Agent’s receipt of each of the following (copies of which will be promptly furnished by the
Administrative Agent to the Lenders), which shall be in form and substance reasonably satisfactory to the Administrative Agent, such Subsidiary shall be a Designated Borrower and a Borrower entitled to make Borrowings on and subject to the terms and
conditions of this Agreement: 
 (i)    Executed Counterparts. A designation letter (a
“Designation Letter”) in duplicate, in substantially the form of Exhibit F, duly completed and executed by the Company and such Designated Borrower and delivered to the Administrative Agent at least ten Business Days before the
date on which such Subsidiary is to become a Designated Borrower; 
 (ii)    Opinion of Counsel to the
Designated Borrower. A favorable written opinion (addressed to the Administrative Agent and the Lenders and dated the date of the Designation Letter) of reputable counsel to such Designated Borrower (which may be internal counsel) in the
relevant jurisdiction (and such Designated Borrower hereby and by delivery of such Designation Letter instruct such counsel to deliver such opinion to the Lenders and the Administrative Agent), as to the due organization of such Designated Borrower
under the laws of its jurisdiction of organization, the due authorization, execution and delivery by such Designated Borrower of such Designation Letter and of the making of Borrowings by it hereunder, the obtaining of all licenses, approvals and
consents of, and the making of all filings and registrations with, any applicable Governmental Authority required in connection therewith and the legality, validity and binding effect and enforceability thereof, and such other legal matters relating
thereto as the Administrative Agent may reasonably request; 

  
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 (iii)    Corporate Documents. Such documents and
certificates as the Administrative Agent may reasonably request (including without limitation certified copies of the charter and by-laws of such Designated Borrower and of resolutions of its Board of
Directors authorizing such Designated Borrower’s acceptance of the Company’s designation as a “Designated Borrower” and its becoming a Borrower under this Agreement, and of all documents evidencing all other necessary corporate
or other action required with respect to such Designated Borrower becoming party to this Agreement; 

(iv)    Process Agent. Evidence that the Process Agent has agreed to act as agent for service of
process in New York, New York on behalf of such Designated Borrower under the Loan Documents; 

(v)    Expenses. Evidence that such Designated Borrower or the Company shall have paid any and all
expenses reasonably incurred by the Administrative Agent (including the reasonable fees and expenses of counsel to the Administrative Agent) in connection with its designation as a Designated Borrower; 

(vi)    Beneficial Ownership Certification. In the case of a Designated Borrower that qualifies as a
“legal entity customer” under the Beneficial Ownership Regulation, a duly executed and completed Beneficial Ownership Certification; and 

(vii)    Other Items. Such other documents relating thereto as the Administrative Agent or any
Lender or special New York counsel to the Administrative Agent may reasonably request, including any documentation and other evidence which may be requested by the Administrative Agent or any Lender to comply with and/or administer any “know
your customer” or other customer identification related policies and procedures required under applicable laws and regulations. 
 If
the Company shall designate as a Designated Borrower hereunder any Subsidiary not organized under the laws of the United States or any State thereof, any Lender may, with notice to the Administrative Agent and the Company, fulfill its Commitment by
causing an Affiliate or branch of such Lender to act as the Lender in respect of such Designated Borrower. 
 As soon as practicable after
receiving notice from the Company or the Administrative Agent of the Company’s intent to designate a Subsidiary as a Designated Borrower, and in any event no later than five Business Days after the delivery of such notice, for a Designated
Borrower that is organized under the laws of a jurisdiction other than of the United States or a political subdivision thereof or a jurisdiction listed on Schedule II, any Lender that (x) that is prohibited by law or by any bona fide
policy from lending to, establishing credit for the account of and/or doing any business with such Designated Borrower directly or through an Affiliate of such Lender as provided in the immediately preceding paragraph or (y) reasonably
determines that it would incur additional expenses (including taxes) by lending to such foreign 

  
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Borrower (a “Protesting Lender”) shall so notify the Company and the Administrative Agent in writing. With respect to each Protesting Lender, the Company shall, effective on
or before the date that such Designated Borrower shall have the right to borrow hereunder, either (A) notify the Administrative Agent and such Protesting Lender that the Commitments of such Protesting Lender shall be terminated; provided
that such Protesting Lender shall have received payment of an amount equal to the outstanding principal of its Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, or (B) cancel its request to
designate such Subsidiary as a “Designated Borrower” hereunder. 
 (b)    So long as all principal of and
interest on all Advances made to any Designated Borrower and all other amounts payable by such Designated Borrower under this Agreement and the other Loan Documents have been paid in full, the Company may terminate the status of such Designated
Borrower as a Borrower hereunder by furnishing to the Administrative Agent a letter (a “Termination Letter”) in substantially the form of Exhibit G, duly completed and executed by the Company. Any Termination Letter furnished
hereunder shall be effective upon receipt thereof by the Administrative Agent, which shall promptly so notify the Lenders. Notwithstanding the foregoing, the delivery of a Termination Letter with respect to any Designated Borrower shall not
terminate (i) any obligation of such Borrower that remains unpaid at the time of such delivery (including without limitation any obligation arising thereafter in respect of such Borrower under Section 2.08 or Section 2.10) or
(ii) the obligations of the Company under Article 
IX with respect to any unpaid obligations of such Borrower. 
 SECTION 2.15    
European Monetary Union. (a) Definitions. In this Section 2.15 and in each other provision of this Agreement to which reference is made in this Section 2.15 (whether expressly or impliedly), the following terms have the
meanings given to them in this Section 2.15: 
 “EMU” shall mean economic and monetary union as
contemplated in the Treaty on European Union. 
 “EMU Legislation” shall mean legislative measures of the
European Council for the introduction of, changeover to or operation of a single or unified European currency, being in part the implementation of the third stage of EMU. 

“Euro” shall mean the single currency of Participating Member States of the European Union. 

“Participating Member State” shall mean each state so described in any EMU Legislation. 

“Treaty on European Union” shall mean the Treaty of Rome of March 25, 1957, as amended by the Single
European Act 1986 and the Maastricht Treaty (which was signed at Maastricht on February 7, 1992, and came into force on November 1, 1993), as amended from time to time. 

(b)    Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the
Euro, the Administrative Agent shall not be liable to the Company or any of the Lenders in any way whatsoever for any delay, or the consequences of 

  
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any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to
achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds to the account of the Company or any Lender, as the case may be, in the Principal Financial Center in the
Participating Member State which the Company or, as the case may be, such Lender shall have specified for such purpose. In this paragraph (b), “all relevant steps” shall mean all such steps as may be prescribed from time to time by
the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro. 

(c)    Determination of Eurocurrency Rate. For the purposes of determining the date on which the applicable rate
for Eurocurrency Rate Advances is determined under this Agreement for any Advance denominated in the Euro for any Interest Period therefor, references in this Agreement to London Banking Days shall be deemed to be references to TARGET Days. 

ARTICLE III 
 CONDITIONS
TO EFFECTIVENESS AND LENDING 
 SECTION 3.01    Condition Precedent to
Effectiveness. This Agreement shall become effective as of the date (the “Effective Date”), which shall be on or before September 9, 2020, as of which the Administrative Agent shall confirm to the Company that it has
received the following, each dated such day, in form and substance satisfactory to the Administrative Agent and (except for any Notes) in sufficient copies for each Lender: 

(a)    Executed Counterparts. From each party hereto either (i) a counterpart of this Agreement
signed on behalf of such party or (ii) written evidence satisfactory to the Administrative Agent (which may include telecopy transmission of a signed signature page to this Agreement) that such party has signed a counterpart of this Agreement;

 (b)    Authority and Approvals. Certified copies of the resolutions of the Board of Directors
of the Company (or equivalent documents) authorizing and approving this Agreement, the other Loan Documents to which it is a party and the transactions contemplated hereby and thereby and certified copies of all documents evidencing all necessary
corporate action and all other necessary action (corporate, partnership or otherwise) and governmental approvals, if any, with respect to this Agreement and the other Loan Documents to which it is a party; 

(c)    Secretary’s or Assistant Secretary’s Certificate. A certificate of the Secretary or
an Assistant Secretary of the Company, dated the Effective Date, certifying the names and true signatures of the officers of the Company authorized to execute and deliver this Agreement, the Notes, and the other documents to which it is a party and
to be delivered hereunder; 
 (d)    Legal Opinions. An opinion of Brown Rudnick, LLP, as special
counsel to the Company, dated the Effective Date, substantially in the form of Exhibit C-1 hereto and an opinion of special New York counsel to the Administrative Agent, dated the Effective Date,
substantially in the form of Exhibit C-2 hereto; 

  
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 (e)    Closing Certificate. A certificate of a
senior financial officer of the Company, dated the Effective Date, certifying that the representations and warranties set forth in Article IV are true on such date as if made on and as of such date and that no Default or Event of Default has
occurred and is continuing on such date; 
 (f)    Fees and Expenses. Evidence satisfactory to the
Administrative Agent that the Company shall have paid to the Administrative Agent for account of the Lenders such up-front fees in connection with the execution of this Agreement as the Company and the
Administrative Agent shall have agreed upon; 
 (g)    Termination of Agreement. Evidence
satisfactory to the Administrative Agent that all amounts owing the Company’s 364-Day Credit Agreement dated as of September 11, 2019 (as amended, the “Existing Credit Agreement”) shall
have been, or concurrently with the Effective Date hereunder shall be, paid in full, and all commitments of the lenders thereunder shall have been, or concurrently with the Effective Date shall be, terminated in accordance with the terms of the
Existing Credit Agreement and each of the Lenders that is a party to the Existing Credit Agreement hereby waive, upon execution of this Agreement, any notice required by the Existing Credit Agreement relating to the termination of commitments
thereunder; and 
 (h)    Know Your Customer. Such other documentation and other evidence which
may be requested by the Administrative Agent or any Lender necessary to comply with and/or administer any “know your customer” or other customer identification related policies and procedures required under applicable laws and regulations.

 SECTION 3.02    Conditions Precedent to Each Borrowing and Term Loan Election. The obligation of
each Lender to make each Advance (including the initial Advance) as part of a Borrowing and the effectiveness of any Term Loan Election shall be subject to the further conditions precedent that on the date of such Borrowing or Term Loan Election the
following statements shall be true (and each of the giving of the applicable Notice of Borrowing and the acceptance by the relevant Borrower of the proceeds of such Advance or the notice of the Term Loan Election shall constitute a representation
and warranty by such Borrower that on the date of such Advance or Term Loan Election the following statements shall be true): (x) the representations and warranties contained in Section 4.01 (other than the Excluded Representation) and, to the
extent applicable, in the Designation Letter of such Borrower are correct in all material respects (other than any representation or warranty qualified by materiality or Material Adverse Effect, which shall be true and correct in all respects) on
and as of the date of such Borrowing or notice of Term Loan Election, before and after giving effect to such Borrowing and to the application of the proceeds therefrom or such Term Loan Election, as though made on and as of such date (it being
understood and agreed that any representation or warranty which expressly refers by its terms to a specified date shall be required to be true and correct in all material respects only as of such date), and (y) no event has occurred and is
continuing, or would result from such Borrowing or from the application of the proceeds therefrom or from the Term Loan Election, that would constitute a Default or an Event of Default. 

  
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 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 

SECTION 4.01    Representations and Warranties of the Company. The Company
represents and warrants as follows: 
 (a)    Corporate Existence. The Company is a corporation
duly organized and validly existing under the laws of the State of Connecticut. 
 (b)    Corporate
Authorization, Etc. The execution, delivery and performance by the Company of this Agreement and the Notes are within the Company’s corporate powers, have been duly authorized by all necessary corporate action and do not contravene
(i) the charter or bylaws of the Company or (ii) any law or contractual restriction binding on or affecting the Company or any of its Subsidiaries. 

(c)    No Approvals. No authorization, approval or action by, and no notice to or filing with, any
governmental authority or regulatory body is required for the due execution, delivery and performance by the Company of this Agreement or the Notes. 

(d)    Enforceability. This Agreement is and, upon issuance and delivery thereof in accordance with
this Agreement, each Note will be the legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms. 

(e)    Financial Information. The consolidated balance sheet of the Company and its Consolidated
Subsidiaries as of December 28, 2019, and the related statements of income and retained earnings of the Company and its Consolidated Subsidiaries for the fiscal year then ended, copies of which have been furnished to the Lenders, fairly present
in all material respects the financial condition of the Company and its Consolidated Subsidiaries as of such date and the results of the operations of the Company and its Consolidated Subsidiaries for the period ended on such date, all in accordance
with GAAP consistently applied. 
 (f)    No Litigation. Except as disclosed in the reports,
schedules, forms, statements and other documents filed or furnished by the Company with the Securities Exchange Commission since December 28, 2019, filed on or prior to the date five days prior to the date hereof, there is no pending or (to the
best of the Company’s knowledge) threatened action or proceeding against the Company or any of its Subsidiaries or relating to any of their respective properties before any court, governmental agency or arbitrator, which could reasonably be
expected to have a Material Adverse Effect or which purports to affect the legality, validity or enforceability of this Agreement or any Note. 

(g)    No Material Adverse Effect. Except as disclosed in the reports, schedules, forms, statements
and other documents filed or furnished by the Company with the 

  
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Securities Exchange Commission since December 28, 2019, filed on or prior to the date five days prior to the date hereof, there has been no event, act or condition which has had a Material
Adverse Effect. 
 (h)    Environmental Matters. Except as disclosed in the reports, schedules,
forms, statements and other documents filed or furnished by the Company with the Securities Exchange Commission since December 28, 2019, filed on or prior to the date five days prior to the date hereof, neither the Company nor any of its
Subsidiaries has received notice or otherwise obtained knowledge of any claim, demand, action, event, condition, report or investigation indicating or concerning any potential or actual liability which could reasonably be expected to, individually
or in the aggregate, have a Material Adverse Effect arising in connection with (i) any non-compliance with or violation of the requirements of any applicable federal, state or local environmental health
or safety statutes or regulations, or (ii) the release or threatened release of any toxic or hazardous waste, substance or constituent into the environment. 

(i)    Investment Company. The Company is not an “investment company” within the meaning
of the Investment Company Act of 1940, as amended. 
 (j)    Disclosure. The information furnished
in writing by or on behalf of any Loan Party to the Lenders in connection with the negotiation, execution and delivery of this Agreement or any other Loan Document does not contain any material misstatements of fact or omit to state a material fact
necessary to make the statements contained therein, in light of the circumstances under which they were made, not misleading. 

(k)    No Defaults. The Company (i) is not in default under or with respect to this Agreement
or any Note, and (ii) is not in default under or with respect to any other agreement, instrument or undertaking to which it is a party or by which it or any of its property is bound in any respect which could reasonably be expected to result in
a Material Adverse Effect. 
 (l)    Use of Proceeds, Etc. All proceeds of each Advance will be
used by each Borrower only in accordance with the provisions of Section 2.12. No Borrower is or will be engaged in the business of extending credit for the purpose of buying or carrying Margin Stock and no proceeds of any Advance will be used
to extend credit to others for the purpose of buying or carrying any Margin Stock. Neither the making of any Advance nor the use of the proceeds thereof will violate or be inconsistent with the provisions of Regulations U or X issued by the Board of
Governors of the Federal Reserve System. 
 (m)    Anti-Corruption Laws, Anti-Money Laundering Laws
and Sanctions. The Company has implemented and maintains in effect policies and procedures reasonably designed to ensure compliance by the Company, its Subsidiaries and their respective directors, officers, employees and agents with
Anti-Corruption Laws, Anti-Money Laundering Laws and applicable Sanctions, and the Company, its Subsidiaries, their respective officers and employees and, to the knowledge of the Company, their directors and agents, are in compliance with
Anti-Corruption Laws, Anti-Money Laundering Laws and applicable Sanctions in all material respects. None of (a) the Company, any 

  
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Subsidiary or to the knowledge of the Company or such Subsidiary any of their respective directors, officers or employees, or (b) to the knowledge of the Company, any agent of any Borrower
or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, is a Sanctioned Person. No Borrowing, use of proceeds or other transaction contemplated by this Agreement will, directly or
indirectly, be used (x) to fund any activities or business of or with a Sanctioned Person or in any Sanctioned Country, except to the extent permissible for a Person in compliance with Sanctions or (y) in any other manner in violation of
any Anti-Corruption Law, any Anti-Money Laundering Law or applicable Sanctions. 
 (n)    Affected
Financial Institution. No Borrower is an Affected Financial Institution. 
 ARTICLE V 

COVENANTS OF THE COMPANY 

SECTION 5.01    Affirmative Covenants. So long as any Advance or any other
amount owing hereunder shall remain unpaid or any Lender shall have any Commitment hereunder: 
 (a)    Financial
Information. The Company will furnish to the Lenders: 
 (i)    Quarterly Financial
Statements. Within 50 days after the close of each quarterly accounting period in each fiscal year of the Company, the consolidated balance sheet of the Company and its Consolidated Subsidiaries as at the end of such quarterly period and
the related consolidated statement of income, retained earnings and cash flows for such quarterly period and for the elapsed portion of the fiscal year ended with the last day of such quarterly period, in each case setting forth comparative figures
for the related periods in the prior fiscal year. 
 (ii)    Annual Financial Statements. Within
95 days after the close of each fiscal year of the Company, the consolidated balance sheet of the Company and its Consolidated Subsidiaries as at the end of such fiscal year and the related consolidated statement of income, retained earnings
and cash flows for such fiscal year, setting forth comparative figures for the preceding fiscal year and reported on without qualification by independent certified public accountants of recognized national standing, in each case together with a
report of such accounting firm stating that in the course of its regular audit of the consolidated financial statements of the Company, which audit was conducted in accordance with generally accepted auditing standards, such accounting firm has
obtained no knowledge of any Default or Event of Default relating to accounting matters (including, without limitation, in respect of Section 5.01(f)), or if in the opinion of such accounting firm such a Default or an Event of Default has
occurred and is continuing, a statement as to the nature thereof. 

  
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 (iii)    Officer’s Certificates. At the time
of the delivery of the financial statements under clauses (i) and (ii) above, a certificate of a senior financial officer of the Company which certifies (x) that such financial statements fairly present the financial condition and the
results of operations of the Company and its Consolidated Subsidiaries on the dates and for the periods indicated, and (y) that such officer has reviewed the terms of this Agreement and has made, or caused to be made under his or her
supervision, a review in reasonable detail of the business and condition of the Company and its Consolidated Subsidiaries during the accounting period covered by such financial statements, and that as a result of such review such officer has
concluded that no Default or Event of Default has occurred during the period commencing at the beginning of the accounting period covered by the financial statements accompanied by such certificate and ending on the date of such certificate or, if
any Default or Event of Default has occurred, specifying the nature and extent thereof and, if continuing, the action the Company proposes to take in respect thereof. Such certificate shall set forth in reasonable detail the calculations required to
establish whether the Company was in compliance with the provisions of Section 5.01(f) for the twelve-month period ending as at the end of the accounting period covered by the financial statements accompanied by such certificate. 

(iv)    Notice of Default or Litigation. Promptly after any Loan Party obtains knowledge thereof,
notice of (i) the occurrence of any Default or Event of Default, or (ii) any litigation or governmental proceeding pending or threatened against any Loan Party or other event, act or condition which could reasonably be expected to result
in a Material Adverse Effect. 
 (v)    SEC Filings. Promptly upon transmission thereof, copies of
all regular and periodic financial information, proxy materials and other information and reports, if any, which the Company shall file with the Securities and Exchange Commission or any governmental agencies substituted therefor or which the
Company shall send to its stockholders. 
 (vi)    Other Information. From time to time, and as
soon as reasonably practicable, such other information or documents (financial or otherwise) as any Lender through the Administrative Agent may from time to time reasonably request. 

Reports and financial statements required to be delivered by the Company pursuant clauses (i), (ii) and (v) of this Section 5.01
(a) shall be deemed to have been delivered on the date on which it posts such reports, or reports containing such financial statements, on its website on the Internet at www.stanleyblackanddecker.com, or when such reports, or reports
containing such financial statements are posted on the website of the Securities and Exchange Commission at www.sec.gov; provided that it shall deliver such paper 

  
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copies of the reports and financial statements referred to in Clauses (i), (ii) and (v) of this Section 5.01(a) to the Administrative Agent or any Lender who request it to
deliver such paper copies until written notice to cease delivering paper copies is given by the Administrative Agent or such Lender. 

(b)    Compliance with Law. The Company shall, and shall cause each of its Subsidiaries to, comply
with all applicable laws, rules, statutes, regulations, decrees and orders of all governmental bodies, domestic or foreign, in respect of the conduct of their business and the ownership of their property, except such
non-compliance as could not reasonably be expected to result in a Material Adverse Effect at the time of such non-compliance or in the foreseeable future. The Company
shall maintain in effect and enforce policies and procedures reasonably designed to promote compliance by the Company, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws, Anti-Money Laundering
Laws and applicable Sanctions. 
 (c)    Payment of Taxes. The Company shall pay or cause to be
paid, and shall cause each of its Subsidiaries to pay or cause to be paid, when due, all taxes, charges and assessments and all other lawful claims required to be paid by the Company or such Subsidiaries, except (x) as contested in good faith
and by appropriate proceedings diligently conducted, if adequate reserves have been established with respect thereto in accordance with GAAP and (y) where such nonpayment could not reasonably be expected to result in a Material Adverse Effect.

 (d)    Preservation of Corporate Existence. Except as otherwise permitted by this Agreement,
the Company shall, and shall cause each of its Subsidiaries to, do all things necessary to preserve, renew and keep in full force and effect its corporate existence (in the case of any Borrower, in a United States jurisdiction or a jurisdiction
listed in Schedule II) and the licenses, permits, rights and franchises necessary to the proper conduct of its business, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. Neither the Company nor
any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the
general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement. 

(e)    Maintenance of Books and Records. The Company will maintain financial records in accordance
with GAAP, consistently applied. The representatives of the Administrative Agent or any of the Lenders shall have the right to visit and inspect any of the properties of the Company and of any of its Subsidiaries, to examine their books of account
and records and take notes and make transcripts therefrom, and to discuss their affairs, finances and accounts with, and be advised as to the same by, their officers upon reasonable prior notice at such reasonable times and intervals as may be
requested (subject to the standard policies of the Company and its Subsidiaries as to access, safety and, without prejudice to the reasonable requirements of lending institutions and their regulatory supervisors, confidentiality). 

  
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 (f)    Interest Coverage Ratio. The Company shall
maintain, for each period of four consecutive fiscal quarters of the Company an Interest Coverage Ratio of not less than 2.5 to 1 through December 31, 2021 and not less than 3.5 to 1 thereafter. 

SECTION 5.02    Negative Covenants. So long as any Advance or any other amount owing hereunder shall remain
unpaid or any Lender shall have any Commitment hereunder: 
 (a)    No Liens. The Company shall
not, and shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist, directly or indirectly, any Lien on any Principal Property now owned or hereafter acquired (unless the Company secures the Advances made hereunder
equally and ratably with such Lien), other than: 
 (i)    Liens existing and disclosed to the Lenders in
writing prior to the date hereof; 
 (ii)    Liens for taxes not yet due or which are being contested in
good faith by appropriate proceedings diligently conducted and with respect to which adequate reserves are being maintained in accordance with GAAP; 

(iii)    statutory Liens of landlords and Liens of carriers, warehousemen, mechanics, materialmen and other
Liens imposed by law created in the ordinary course of business for amounts not yet due or which are being contested in good faith by appropriate proceedings diligently conducted and with respect to which adequate bonds have been posted; 

(iv)    Liens incurred or deposits made in the ordinary course of business in connection with workers’
compensation, unemployment insurance and other types of social security, or to secure the performance of tenders, statutory obligations, surety and appeal bonds, bids, leases, government contracts, performance and return-of-money bonds and other similar obligations (exclusive of obligations for the payment of borrowed money); 

(v)    easements,
rights-of-way, zoning and similar restrictions and other similar charges or encumbrances not interfering with the ordinary conduct of the business of the Company or any
of its Subsidiaries and which do not detract materially from the value of the property to which they attach or impair materially the use thereof by the Company or any of its Subsidiaries; 

(vi)    Liens on property of any Person existing at the time such Person becomes a Subsidiary of the
Company and not created in contemplation thereof; 
 (vii)    Liens securing Indebtedness owed by a
Subsidiary of the Company to the Company or another Subsidiary of the Company; 
 (viii)    any Lien
arising solely by operation of law in the ordinary course of business or which is contained in a contract for the purchase or sale of goods or services entered into in the ordinary course of business; 

  
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 (ix)    Liens on any property existing at the time of
acquisition but only if the amount of outstanding Indebtedness secured thereby does not exceed the lesser of the fair market value or the purchase price of the property as purchased; 

(x)    any Lien securing the purchase price of revenues or assets purchased after the date hereof or the
cost of repairing or altering, constructing, developing or substantially improving all or any part of such revenues or assets; provided that such Lien attaches only to such revenues or assets (including any improvements) and the Indebtedness
thereby secured does not exceed the lesser of the fair market value or the purchase price of the revenues or assets (including any improvements) as purchased; 

(xi)    any other Liens on Principal Properties securing Indebtedness which in the aggregate, together with
Attributable Debt, does not exceed 10% of Consolidated Net Worth at any time outstanding; and 

(xii)    any extension, renewal or replacement of any of the Liens referred to above; provided that
the Indebtedness secured by any such extension, renewal or replacement does not exceed the sum of the principal amount of the Indebtedness originally secured thereby and any fee incurred in connection with such transaction. 

(b)    Merger, Etc. The Company shall not (i) enter into any merger or consolidation, or
liquidate, wind up or dissolve (or suffer any liquidation, wind-up or dissolution), discontinue its business or convey, lease, sell, transfer or otherwise dispose of, in one transaction or series of
transactions, all or substantially all of its business or property, whether now or hereafter acquired, or (ii) permit any of its Subsidiaries to do so, if such action could reasonably be expected to have a Material Adverse Effect, except that
(1) any wholly-owned Subsidiary of the Company may merge into or convey, sell, lease or transfer all or substantially all of its assets to, the Company or any other wholly-owned Subsidiary of the Company
and (2) the Company or any of its Subsidiaries may enter into any merger or consolidation so long as in the case of a transaction involving the Company, the Company, or in the case of any other transaction, a Subsidiary of the Company, is the
surviving entity in such transaction and, after giving effect thereto, no Default or Event of Default shall have occurred or be continuing. 

(c)    Sale-Leasebacks. The Company shall not, and shall not permit any of its Subsidiaries to,
become liable, directly or indirectly, with respect to any lease, whether an operating lease or a Capital Lease, of any property (whether real or personal or mixed) whether now owned or hereafter acquired, (i) which the Company or such
Subsidiary has sold or transferred or is to sell or transfer to any other Person, or (ii) which the Company or such Subsidiary intends to use for substantially the same purposes as any other property which has been or is to be sold or
transferred by the Company or such Subsidiary to any other Person in connection with such lease. Notwithstanding the foregoing, the Company and its Subsidiaries shall be permitted to become liable with respect to the leases described above so long
as all Attributable Debt, together with the Liens described in Section 5.02(a)(xi), does not exceed 10% of Consolidated Net Worth at any time outstanding. 

  
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 (d)    Use of Proceeds. No Borrower will request
any Borrowing, or use, or permit its Subsidiaries and its or their respective directors, officers, employees and agents to use, the proceeds of any Borrowing (i) 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, (ii) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person,
or in any Sanctioned Country, except to the extent permissible for a Person in compliance with Sanctions, or (iii) in any manner that would result in the violation of any Sanctions applicable to any party hereto. 

ARTICLE VI 
 EVENTS OF
DEFAULT 
 SECTION 6.01    Events of Default. If any of the following
events (“Events of Default”) shall occur and be continuing: 
 (a)    Any Borrower shall
fail to pay when due (or, if any such failure is due solely to technical or administrative difficulties relating to the transfer of such amounts, within two Business Days after its due date) any principal of any Advance; or any Borrower shall fail
to pay when due any interest on any Advance, any fee (other than the fees referenced in Section 2.03) or any other amount payable by it hereunder or under any Note and five (5) days shall have elapsed from the date such interest, fees or
other amounts were due; or with respect to the fees payable pursuant to Section 2.03, any Borrower shall fail to pay any such fee when due and two Business Days shall have elapsed from the Company’s receipt of notice of such nonpayment
from the Administrative Agent or any Lender; or 
 (b)    Any representation or warranty made by any Loan
Party herein or pursuant to this Agreement or any other Loan Document (including without limitation in any certificate of such Loan Party delivered pursuant hereto) shall prove to have been incorrect in any material respect when made or deemed made;
or 
 (c)    The Company or any other Loan Party, as applicable, shall fail to perform any term, covenant
or agreement contained in Section 5.01(a)(iv), the first sentence of 5.01(d), 5.01(f) or 5.02 on its part to be performed or observed; or 

(d)    Any Loan Party shall fail to perform any term, covenant or agreement contained in this Agreement
(except those described in clauses (a) and (c) above) and such failure shall continue for 30 days; or 

(e)    A court having jurisdiction in the premises shall enter a decree or order for relief in respect of
any Loan Party or any Principal Subsidiary in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator or

  
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other similar official of such Loan Party or such Principal Subsidiary or for any substantial part of its property, or ordering the winding up or liquidation of its affairs and such decree or
order shall remain unstayed and in effect for a period of 60 consecutive days; or 
 (f)    Any Loan
Party or any Principal Subsidiary shall commence a voluntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or shall consent to the entry of any order for relief in an involuntary case under any
such law, or shall consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, sequestrator or other similar official of such Loan Party or such Principal Subsidiary or for any substantial part of its property,
or shall make any general assignment for the benefit of creditors, or shall fail generally to pay its debts as they become due, or shall take any corporate action in furtherance of any of the foregoing; or 

(g)    (A) Any Loan Party or any Principal Subsidiary shall fail to make any payment in respect of
Indebtedness when due (whether by scheduled maturity, required prepayment, acceleration or otherwise, but after giving effect to any applicable grace period ) if the aggregate amount of such payment is $100,000,000 or more, or (B) any breach,
default or event of default shall occur and be continuing (and applicable grace and notice periods shall have expired) under any agreement or indenture relating to any Indebtedness of such Loan Party or such Principal Subsidiary in an aggregate
amount of $100,000,000 or more, and, except in the case of financial covenant defaults, the maturity of any such Indebtedness has been accelerated in accordance with the terms thereof; or 

(h)    (A) Any Termination Event shall occur, or (B) any Plan shall have an unfunded liability,
which means the excess, if any, of a Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used for funding that Plan
pursuant to Section 412 of the Internal Revenue Code for the applicable plan year, or (C) the Company or any member of its ERISA Controlled Group shall fail to pay when due an amount which it shall have become liable to pay to the PBGC,
any Plan or a trust established under Title IV of ERISA, or (D) a condition shall exist by reason of which the PBGC would be entitled to obtain a decree adjudicating that an ERISA Plan must be terminated or have a trustee appointed to
administer any ERISA Plan, or (E) the Company or a member of its ERISA Controlled Group suffers a partial or complete withdrawal from a Multiemployer Plan or is in “default” (as defined in Section 4219(c)(5) of ERISA) with
respect to payments to a Multiemployer Plan, or (F) a proceeding shall be instituted against the Company or any member of its ERISA Controlled Group to enforce Section 515 of ERISA, or (G) any other event or condition shall occur or
exist with respect to any Plan, if such events, transactions or conditions set forth in clauses (A) through (G) above could singly or in the aggregate be reasonably expected to have a Material Adverse Effect; or 

(i)    If there shall remain in force, undischarged, unsatisfied and unstayed, for more than 30 days,
whether or not consecutive, any final judgment against any Loan Party or any Principal Subsidiary which, when added to any other outstanding final judgments which remain undischarged, unsatisfied and unstayed for more than 30 days against such
Loan Party or any such Principal Subsidiary, exceeds $100,000,000; 

  
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 then, and in any such event, the Administrative Agent (i) shall at the request, or may with the
consent, of the Required Lenders, by notice to the Company, declare the obligation of each Lender to make Advances to be terminated, whereupon the same shall forthwith terminate, and (ii) shall at the request, or may with the consent, of the
Required Lenders, by notice to the Company, declare all Advances, the Notes, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon all Advances, the Notes, all such interest and all such
amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by each Borrower; provided, however, that in the case of any of the
Events of Default specified in clauses (e) or (f) above with respect to any Borrower, (A) the obligation of each Lender to make Advances shall automatically be terminated and (B) the Advances, the Notes, all such interest and all such
amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by each Borrower. 

ARTICLE VII 
 THE
ADMINISTRATIVE AGENT 
 SECTION 7.01    Appointment and Authority. Each
Lender hereby irrevocably appoints Citibank to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are
delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article (other than the provisions of Section 7.07) are solely for the
benefit of the Administrative Agent and the Lenders, and neither the Company nor any other Loan Party shall have rights as a third party beneficiary of any of 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 the Administrative 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. 

SECTION 7.02    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 Company 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. 

  
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 SECTION 7.03    Exculpatory
Provisions. (a) The Administrative Agent’s duties hereunder and under the other Loan Documents are solely administrative in nature and the Administrative Agent shall not have any duties or obligations except those expressly set forth
herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

(i)    shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or an
Event of Default has occurred and is continuing; 
 (ii)    shall not have any duty to take any
discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the
Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or
the opinion of its counsel, may expose the Administrative Agent or any of its Affiliates 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 bankruptcy or other debtor relief law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any bankruptcy or other debtor relief law; 

(iii)    shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to
disclose, and shall not be liable for the failure to disclose, any information relating to the Company or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates in any
capacity. 
 (b)    The Administrative Agent shall not be liable for any action taken or not taken by it (i) with
the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in
Sections 8.01 or 8.03) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default or the event or events that give or may give
rise to any Default or Event of Default unless and until the Company or any Lender shall have given notice to the Administrative Agent in writing describing such Default or Event of Default and such event or events. 

(c)    The Administrative Agent and its Affiliates shall not be responsible for or have any duty to ascertain or inquire
into (i) any statement, warranty, representation or other information made or supplied in or in connection with this Agreement, any other Loan Document or the Information Memorandum, (ii) the contents of any certificate, report or other
document delivered hereunder or thereunder or in connection herewith or therewith or the adequacy, accuracy and/or completeness of the information contained therein, (iii) the performance or observance of any of the covenants, agreements or
other terms or conditions set forth herein or therein or the occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement or any other Loan Document or

  
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(v) the satisfaction of any condition set forth in Article 3 or elsewhere herein, other than (but subject to the foregoing clause (ii)) to confirm receipt of items expressly
required to be delivered to the Administrative Agent. 
 (d)    Nothing in this Agreement or any other Loan Document
shall require the Administrative Agent or any of its Related Parties to carry out any “know your customer” or other checks in relation to any Person on behalf of any Lender and each Lender confirms to the Administrative Agent that it is
solely responsible for any such checks it is required to carry out and that it may not rely on any statement in relation to such checks made by the Administrative Agent or any of its Related Parties. 

SECTION 7.04    Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely upon, and
shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it
to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by email 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 Borrowing 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 an officer of the Administrative Agent responsible for the transactions contemplated hereby shall have received notice to the contrary from such Lender prior to the making of such Loan, and such Lender
shall not have made available to the Administrative Agent such Lender’s ratable portion of such Borrowing. The Administrative Agent may consult with legal counsel (who may be counsel for the Company or any other Loan Party), 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. 

SECTION 7.05    Indemnification. The Lenders severally agree to indemnify the
Administrative Agent (to the extent not reimbursed by the Company), ratably according to the respective amounts of their Commitments, as then or most recently in effect, from and against any and all liabilities, obligations, losses, damages,
penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against the Administrative Agent in any way relating to or arising out of this Agreement and the
Notes, or any action taken or omitted by the Administrative Agent under this Agreement and the Notes, provided that no Lender shall be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements that are found in a final, non-appealable judgment by a court of competent jurisdiction to have resulted from the Administrative Agent’s gross negligence or willful
misconduct. Without limitation of the foregoing, each Lender agrees to reimburse the Administrative Agent promptly upon demand for its ratable share of any out-of-pocket
expenses (including counsel fees) incurred by the Administrative Agent in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of,
or legal advice in respect of rights or responsibilities under, this Agreement, to the extent that the Administrative Agent is not reimbursed for such expenses by the Company. 

  
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 SECTION 7.06    Delegation of Duties. The Administrative
Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The
Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. Each such
sub-agent and the Related Parties of the Administrative Agent and each such sub-agent shall be entitled to the benefits of all provisions of this Article 7 and
Section 8.04 (as though such sub-agents were the “Administrative Agent” under the Loan Documents) as if set forth in full herein with respect thereto. The Administrative Agent shall not
be responsible for the negligence or misconduct of any sub-agents affecting any of the other Lenders except to the extent that a court of competent jurisdiction determines in a final and nonappealable judgment
that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub agents. 
 
SECTION 7.07    Resignation of Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Lenders and the Company. Upon receipt of any such notice of resignation,
the Required Lenders shall have the right, in consultation with the Company, to appoint a successor, which shall be a bank with an office in New York, or an Affiliate of any such bank with an office in New York, and which successor shall be
reasonably acceptable to the Company. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation (or
such earlier day as shall be agreed by the Required Lenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent meeting the
qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 

(b)    If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the
definition thereof, the Required Lenders may, to the extent permitted by applicable law, by notice in writing to the Company and such Person remove such Person as Administrative Agent and appoint a successor, which shall be reasonably acceptable to
the Company. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective
Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date. 

(c)    With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) (1) the retiring
or removed Administrative Agent shall be discharged from its duties and obligations as Administrative Agent hereunder and under the other Loan Documents and (2) except for any indemnity payments owed to the retiring or removed Administrative
Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender 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 hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the
retiring or removed Administrative Agent (other than any rights to 

  
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indemnity payments owed to the retiring or removed Administrative Agent), and the retiring or removed Administrative Agent shall be discharged from all of its duties and obligations as
Administrative Agent hereunder or under the other Loan Documents. The fees payable by the Company to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Company and such
successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article and Section 8.04 shall continue in effect for the benefit of such
retiring or removed Administrative Agent, its sub agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed Administrative Agent was acting as Administrative
Agent. 
 SECTION 7.08    Non-Reliance on Administrative Agent and Other
Parties. Each Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made
its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such
documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document
furnished hereunder or thereunder. 
 SECTION 7.09    No Other Duties, Etc.
Anything herein to the contrary notwithstanding, none of the Persons acting as Bookrunners, Lead Arrangers or Syndication Agent 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 the Administrative Agent, the Sub-Agent or as a Lender hereunder. 

SECTION 7.10    Lender 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
Company 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
Advances, 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 

  
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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 Advances, 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 Advances, the Commitments and this Agreement, (C) the entrance into, participation in, administration of and performance of the Advances, 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 Advances, 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 Company 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 Advances, 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). 

A used in this Section, the following terms shall have the following meanings: 

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

  
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 ARTICLE VIII 

MISCELLANEOUS 
 
SECTION 8.01    Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Loan Document, nor consent to any departure by any Loan Party therefrom, shall in any event be effective
unless the same shall be in writing and signed by the Company and the relevant other Loan Party, if applicable, and the Required Lenders, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose
for which given; provided that (a) the written consent of the Company and each Lender directly affected thereby shall be required in order to amend or waive any provision of the Agreement or the Notes which would have the effect of
(i) a reduction in principal, interest or fees payable to such Lender under this Agreement or the Notes, (ii) the postponement of any date fixed for the payment of any principal, interest or fees under this Agreement or the Notes,
(iii) an increase in or extension of the Commitments or (iv) amending or waiving compliance with Section 2.08 or Section 2.14; (b) the written consent of the Company and all the Lenders shall be required in order to amend or
waive any provision of the Agreement or the Notes which would have the effect of (i) amending or waiving compliance with the proviso to Section 2.01(a), Section 8.05 or this Section 8.01, (ii) amending the definition of
Required Lenders or (iii) any release or modification of the Company’s guarantee under Article IX; (c) no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders
required above to take such action, affect the rights or duties of the Administrative Agent under this Agreement, and (d) the Commitment of any Lender shall not be extended without the prior written consent of such Lender. 

SECTION 8.02    Notices, Communications and Treatment of Information. (a) Notices. (i) All
notices, demands, requests, consents and other communications provided for in this Agreement shall be given by electronic mail and by reputable overnight courier service, and may also be given by any other method provided for herein, addressed to
the party to be notified as follows: 
 (1)    if to the Company or any other Loan Party, 

Stanley Black & Decker, Inc. 

1000 Stanley Drive 
 New
Britain, Connecticut 06053 
 Attention of: Vice President & Treasurer 

Telecopier No.: (860) 827-3962 

E-Mail Address: Robert.Paternostro@sbdinc.com with a copy to 

swk_creditfacilitynotification@sbdinc.com 

  
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 (2)    if to the Administrative Agent 

Citibank, N.A. 
 Building Ops
II, One Penns Way 
 New Castle, DE 19720 

Attn: Bank Loans Syndications Department 

Fax: (646) 274-5080 

Email: GLAgentOfficeOps@citi.com 

(3)    if to any Lender, to it at its address (or telecopier number) set forth in its Administrative Questionnaire 

or at such other address as shall be notified in writing (x) in the case of the Company and the Administrative Agent, to the other parties and
(y) in the case of all other parties, to the Company and the Administrative Agent. 
 (ii)    All
notices, demands, requests, consents and other communications described in clause (i) shall be effective (1) if delivered by hand, including any overnight courier service, upon personal delivery, (2) if delivered by mail, when
deposited in the mails, (3) if delivered by posting to an Approved Electronic Platform, an Internet website or a similar telecommunication device requiring that a user have prior access to such Approved Electronic Platform, website or other
device (to the extent permitted by Section 8.02(b) to be delivered thereunder), when such notice, demand, request, consent and other communication shall have been made generally available on such Approved Electronic Platform, Internet
website or similar device to the class of Person being notified (regardless of whether any such Person must accomplish, and whether or not any such Person shall have accomplished, any action prior to obtaining access to such items, including
registration, disclosure of contact information, compliance with a standard user agreement or undertaking a duty of confidentiality) and such Person has been notified in respect of such posting that a communication has been posted to the Approved
Electronic Platform and (4) if delivered by electronic mail or any other telecommunications device, when transmitted to an electronic mail address (or by another means of electronic delivery) as provided in clause (i); provided, however,
that notices and communications to the Administrative Agent pursuant to Article 7 shall not be effective until received by the Administrative Agent. 

(iii)    Notwithstanding clauses (i) and (ii) (unless the Administrative Agent requests that
the provisions of clause (i) and (ii) be followed) and any other provision in this Agreement or any other Loan Document providing for the delivery of any Approved Electronic Communication by any other means, the Loan Parties shall
deliver all Approved Electronic Communications to the Administrative Agent by properly transmitting such Approved Electronic Communications in an electronic/soft medium in a format acceptable to the Administrative Agent to
oploanswebadmin@citigroup.com or such other electronic mail address (or similar means of electronic delivery) as the Administrative Agent may notify to the Company. Nothing in this clause (iii) shall prejudice the right of the
Administrative Agent or any Lender to deliver any Approved Electronic Communication to any Loan Party in any manner authorized in this Agreement or to request that the Company effect delivery in such manner. 

  
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 (b)    Posting of Approved Electronic Communications.
(i) Each of the Lenders and each Loan Party agrees that the Administrative Agent may, but shall not be obligated to, make the Approved Electronic Communications available to the Lenders by posting such Approved Electronic Communications on
DebtDomain or a substantially similar electronic platform chosen by the Administrative Agent to be its electronic transmission system (the “Approved Electronic Platform”). 

(ii)    Although the Approved Electronic Platform and its primary web portal are secured with generally-applicable
security procedures and policies implemented or modified by the Administrative Agent from time to time (including, as of the Closing Date, a dual firewall and a User ID/Password Authorization System) and the Approved Electronic Platform is secured
through a single-user-per-deal authorization method whereby each user may access the Approved Electronic Platform only on a deal-by-deal basis, each of the Lenders and each Loan Party acknowledges and agrees that the distribution of material through an electronic medium is not necessarily secure and that there are confidentiality
and other risks associated with such distribution. In consideration for the convenience and other benefits afforded by such distribution and for the other consideration provided hereunder, the receipt and sufficiency of which is hereby acknowledged,
each of the Lenders and each Loan Party hereby approves distribution of the Approved Electronic Communications through the Approved Electronic Platform and understands and assumes the risks of such distribution. 

(c)    (i) THE APPROVED ELECTRONIC PLATFORM AND THE APPROVED ELECTRONIC COMMUNICATIONS ARE PROVIDED “AS IS” AND
“AS AVAILABLE”. NONE OF THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTIES WARRANTS THE ACCURACY, ADEQUACY OR COMPLETENESS OF THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM AND EACH EXPRESSLY DISCLAIMS ANY
LIABILITY FOR ERRORS OR OMISSIONS IN THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM EXCEPT FOR ERRORS OR OMISSIONS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED
PARTIES. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING, WITHOUT LIMITATION, 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 OR ANY OF ITS RELATED PARTIES IN CONNECTION WITH THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM. 

(ii)    Each of the Lenders and each Loan Party agrees that the Administrative Agent may, but (except as may be required
by applicable law) shall not be obligated to, store the Approved Electronic Communications on the Approved Electronic Platform in accordance with the Administrative Agent’s generally-applicable document retention procedures and policies. 

  
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 (d)    Confidentiality. Each of the Administrative Agent and the
Lenders agree to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective managers, administrators, trustees, partners,
directors, officers, employees, agents, advisors and other representatives (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information
confidential), (b) to the extent requested by any regulatory authority purporting to have jurisdiction over it or its Affiliates (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to
the extent required by applicable laws or regulations or by any subpoena or similar legal process or in connection with assignments or pledges made in accordance with Section 8.08(c), (d) to any other party hereto, (e) in connection
with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (f) subject to an agreement
containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement or (ii) any actual or
prospective party and direct or indirect counterparty (or its managers, administrators, trustees, partners, directors, officers, employees, agents, advisors and other representatives) to any swap, derivative or other transaction under which payments
are to be made by reference to the Company and its obligations, this Agreement or payments hereunder or other credit insurance provider relating to the Company and its obligations, this Agreement or payments hereunder, (iii) any rating agency,
or (iv) the CUSIP Service Bureau or any similar organization, (g) with the consent of the Company or (h) to the extent such Information (x) becomes publicly available other than as a result of a breach of this Section or
(y) becomes available to the Administrative Agent, any Lender or any of their respective Affiliates on a nonconfidential basis from a source other than the Company. In addition, the Administrative Agent and the Lenders may disclose the
existence of this Agreement and information about this Agreement to market data collectors, similar service providers to the lending industry and service providers to the Administrative Agent and the Lenders in connection with the administration of
this Agreement, the other Loan Documents, and the Commitments. 
 For purposes of this Section, “Information” means all
information received from the Company or any of its Subsidiaries relating to the Company or any of its Subsidiaries or any of their respective businesses, other than any such information that is available to the Administrative Agent or any Lender on
a nonconfidential basis prior to disclosure by the Company or any of its Subsidiaries, provided that, in the case of information received from the Company or any of its Subsidiaries after the date hereof, such information is clearly
identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised
the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

(e)    Treatment of Information. (i) Certain of the Lenders may enter into this Agreement and take or not take
action hereunder or under the other Loan Documents on the basis of information that does not contain material non-public information with respect to any of the Loan Parties or their securities
(“Restricting Information”). Other Lenders may enter into this Agreement and take or not take action hereunder or under the other Loan Documents on the basis 

  
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of information that may contain Restricting Information. Each Lender acknowledges that United States federal and state securities laws prohibit any person from purchasing or selling securities on
the basis of material, non-public information concerning the issuer of such securities or, subject to certain limited exceptions, from communicating such information to any other Person. Neither the
Administrative Agent nor any of its Related Parties shall, by making any Communications (including Restricting Information) available to a Lender, by participating in any conversations or other interactions with a Lender or otherwise, make or be
deemed to make any statement with regard to or otherwise warrant that any such information or Communication does or does not contain Restricting Information nor shall the Administrative Agent or any of its Related Parties be responsible or liable in
any way for any decision a Lender may make to limit or to not limit its access to Restricting Information. In particular, none of the Administrative Agent or any of its Related Parties (i) shall have, and the Administrative Agent, on behalf of
itself and each of its Related Parties, hereby disclaims, any duty to ascertain or inquire as to whether or not a Lender has or has not limited its access to Restricting Information, such Lender’s policies or procedures regarding the
safeguarding of material, nonpublic information or such Lender’s compliance with applicable laws related thereto or (ii) shall have, or incur, any liability to any Loan Party or Lender or any of their respective Related Parties arising out
of or relating to the Administrative Agent or any of its Related Parties providing or not providing Restricting Information to any Lender. 

(ii)    Each Loan Party agrees that (i) all Communications it provides to the Administrative Agent intended for
delivery to the Lenders whether by posting to the Approved Electronic Platform or otherwise shall be clearly and conspicuously marked “PUBLIC” if such Communications do not contain Restricting Information which, at a minimum, shall mean
that the word “PUBLIC” shall appear prominently on the first page thereof, (ii) by marking Communications “PUBLIC,” each Loan Party shall be deemed to have authorized the Administrative Agent and the Lenders to treat such
Communications as either publicly available information or not material information (although, in this latter case, such Communications may contain sensitive business information and, therefore, remain subject to the confidentiality undertakings of
Section 8.02(c)) with respect to such Loan Party or its securities for purposes of United States Federal and state securities laws, (iii) all Communications marked “PUBLIC” may be delivered to all Lenders and may be made
available through a portion of the Approved Electronic Platform designated “Public Side Information,” and (iv) the Administrative Agent shall be entitled to treat any Communications that are not marked “PUBLIC” as
Restricting Information and may post such Communications to a portion of the Approved Electronic Platform not designated “Public Side Information.” Neither the Administrative Agent nor any of its Affiliates shall be responsible for any
statement or other designation by a Loan Party regarding whether a Communication contains or does not contain material non-public information with respect to any of the Loan Parties or their securities nor
shall the Administrative Agent or any of its Affiliates incur any liability to any Loan Party, any Lender or any other Person for any action taken by the Administrative Agent or any of its Affiliates based upon such statement or designation,
including any action as a result of which Restricting Information is provided to a Lender that may decide not to take access to Restricting Information. Nothing in this clause (ii) shall modify or limit a Lender’s obligations under
Section 8.02(b) with regard to Communications and the maintenance of the confidentiality of or other treatment of Information. 

  
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 (iii)    Each Lender acknowledges that circumstances may arise that
require it to refer to Communications that might contain Restricting Information. Accordingly, each Lender agrees that it will nominate at least one designee to receive Communications (including Restricting Information) on its behalf and identify
such designee (including such designee’s contact information) on such Lender’s Administrative Questionnaire. Each Lender agrees to notify the Administrative Agent from time to time of such Lender’s designee’s e-mail address to which notice of the availability of Restricting Information may be sent by electronic transmission. 

(iv)    Each Lender acknowledges that Communications delivered hereunder and under the other Loan Documents may contain
Restricting Information and that such Communications are available to all Lenders generally. Each Lender that elects not to take access to Restricting Information does so voluntarily and, by such election, acknowledges and agrees that the
Administrative Agent and other Lenders may have access to Restricting Information that is not available to such electing Lender. None of the Administrative Agent or any Lender with access to Restricting Information shall have any duty to disclose
such Restricting Information to such electing Lender or to use such Restricting Information on behalf of such electing Lender, and shall not be liable for the failure to so disclose or use, such Restricting Information. 

(v)    The provisions of the foregoing clauses of this subsection (d) are designed to assist the Administrative
Agent, the Lenders and the Loan Parties, in complying with their respective contractual obligations and applicable law in circumstances where certain Lenders express a desire not to receive Restricting Information notwithstanding that certain
Communications hereunder or under the other Loan Documents or other information provided to the Lenders hereunder or thereunder may contain Restricting Information. Neither the Administrative Agent nor any of its Related Parties warrants or makes
any other statement with respect to the adequacy of such provisions to achieve such purpose nor does the Administrative Agent or any of its Related Parties warrant or make any other statement to the effect that any Loan Party’s or Lender’s
adherence to such provisions will be sufficient to ensure compliance by such Loan Party or Lender with its contractual obligations or its duties under applicable law in respect of Restricting Information and each of the Lenders and each Loan Party
assumes the risks associated therewith. 
 SECTION 8.03    No Waiver;
Remedies. No failure on the part of any Lender or the Administrative Agent to exercise, and no delay in exercising, any right hereunder or under any Note shall operate as a waiver thereof; nor shall any single or partial exercise of any such
right preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law. 

SECTION 8.04    Costs and Expenses; Breakage Indemnification. (a) The Company agrees to pay on demand all
reasonable costs and expenses, if any (including, without limitation, reasonable counsel fees and expenses), of (i) the Administrative Agent in connection with the negotiation, syndication, execution and delivery of this Agreement, the other
Loan Documents and the other documents delivered hereunder and (ii) the Administrative Agent and each Lender in connection with enforcement (whether through negotiations, legal proceedings or otherwise) of this Agreement, the Notes and the
other documents to be delivered hereunder, including, without limitation, reasonable counsel fees and expenses in connection with the enforcement of rights under this Section 8.04(a). 

  
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 (b)    If any payment, prepayment or conversion of any Eurocurrency Rate
Advance is made by the Company or a Designated Borrower, as applicable, to or for the account of a Lender other than on the last day of the Interest Period for such Advance, as a result of acceleration of the maturity of the Advances and the Notes
pursuant to Section 6.01 or for any other reason, such Borrower shall, upon demand by such Lender (with a copy of such demand to the Administrative Agent), pay to the Administrative Agent for the account of such Lender any amounts required to
compensate such Lender for any additional losses, costs or expenses which it may reasonably incur as a result of such payment, including, without limitation, any loss, cost or expense incurred by reason of the liquidation or reemployment of deposits
or other funds acquired by such Lender to fund or maintain such Advance. 
 (c)    The Company agrees to indemnify and
hold harmless the Administrative Agent and each Lender and each of their Related Parties (each, an “Indemnified Party”) from and against any and all claims, damages, losses, liabilities and expenses (including, without limitation,
reasonable fees and expenses of counsel) that may be incurred by or asserted or awarded against any Indemnified Party, in each case arising out of or in connection with or by reason of, or in connection with the preparation for a defense of, any
investigation, litigation or proceeding arising out of, related to or in connection with the actual or proposed use of the proceeds of the Advances, including in connection with any acquisition or proposed acquisition by the Company or any
Subsidiary of the Company of another Person or one or more businesses of another Person (whether by means of a stock purchase, asset acquisition or otherwise), whether or not such investigation, litigation or proceeding is brought by the Company,
its directors, shareholders or creditors or an Indemnified Party or any other Person or any Indemnified Party is otherwise a party thereto and whether or not the transactions contemplated hereby are consummated, except to the extent such claim,
damage, loss, liability or expense is found in a final, non-appealable judgment by a court of competent jurisdiction to have resulted from such Indemnified Party’s gross negligence or willful misconduct.

 (d)    The Company agrees not to assert any claim against the Administrative Agent, and each Lender or any of their
Related Parties on any theory of liability, for consequential, indirect, special or punitive damages arising out of or otherwise relating to this Agreement or any of the transactions contemplated hereby or the actual or proposed use of the proceeds
of the Advances. 
 (e)    Without prejudice to the survival of any other agreement of the Loan Parties hereunder, the
agreements and obligations of the Loan Parties contained in Sections 2.08, 2.10 and 8.04 shall survive the payment in full of principal, interest and all other amounts payable hereunder and under the Notes. 

SECTION 8.05    Sharing of Payments, Etc. If any Lender shall obtain any
payment (whether voluntary, involuntary, through the exercise of any right of setoff, or otherwise) on account of the Advances owing to it (other than pursuant to Section 2.02(d), 2.06, 2.08, 2.10 or 8.04(b)) in excess of its ratable share of
payments on account of the Advances obtained by all the Lenders, such Lender shall forthwith purchase from the other Lenders such 

  
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participations in the Advances owing to them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that if all or any
portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the extent of such recovery together
with an amount equal to such Lender’s ratable share (according to the proportion of (i) the amount of such Lender’s required repayment to (ii) the total amount so recovered from the purchasing Lender) of any interest or other
amount paid or payable by the purchasing Lender in respect of the total amount so recovered. The Company agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 8.05 may, to the fullest extent permitted
by law, exercise all its rights of payment (including the right of setoff) with respect to such participation as fully as if such Lender were the direct creditor of the Company in the amount of such participation. 

SECTION 8.06    Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company,
each Designated Borrower, the Administrative Agent and the Lenders and their respective successors and assigns, except that no Loan Party shall have the right to assign its rights or obligations hereunder or under any Note or any interest herein or
therein (other than as permitted by Section 
5.02(b)) without the prior written consent of all of the Lenders. 
 SECTION 8.07   
 Successors and Assigns. (a) Successors and Assigns Generally. No Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of
paragraph (b) of this Section, (ii) by way of participation in accordance with the provisions of paragraph (d) of this Section, or (iii) by way of pledge or assignment of a security interest subject to the restrictions
of paragraph (e) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the
parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in paragraph (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the
Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b)    Assignments by Lenders. Any Lender may at any time assign to one or more assignees all or a portion of its
rights and obligations under this Agreement (including all or a portion of its Commitment and the Advances at the time owing to it); provided that any such assignment shall be subject to the following conditions: 

(i)    Minimum Amounts. 

(A)    in the case of an assignment of the entire remaining amount of the assigning Lender’s
Commitment and/or the Advances at the time owing to it or contemporaneous assignments that equal at least the amount specified in paragraph (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender or an
Affiliate of a Lender, no minimum amount need be assigned; and 

  
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 (B)    in any case not described in
paragraph (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes Advances outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the
Advances of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in
the Assignment and Assumption, as of the Trade Date) shall not be less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof, unless each of the Administrative Agent and, so long as no Default or Event of Default has occurred and
is continuing, the Company otherwise consents (each such consent not to be unreasonably withheld or delayed). 

(ii)    Proportionate Amounts. Each partial assignment shall be made as an assignment of a
proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Advance or the Commitment assigned, except that this clause (ii) shall not prohibit any Lender from assigning all or a
portion of its rights and obligations among separate facilities on a non-pro rata basis. 

(iii)    Required Consents. No consent shall be required for any assignment except to the extent
required by paragraph (b)(i)(B) of this Section and, in addition: 
 (A)    the consent of
the Company (such consent not to be unreasonably withheld or delayed) shall be required unless (x) an Event of Default has occurred and is continuing at the time of such assignment, or (y) such assignment is to an Affiliate of such Lender
or a Lender; provided that the Company shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within ten Business Days after having received notice thereof; and

 (B)    the consent of the Administrative Agent (such consent not to be unreasonably withheld or
delayed) shall be required for assignments in respect of any Commitments or Advances if such assignment is to a Person that is not a Lender or an Affiliate of such Lender. 

(iv)    Assignment and Assumption. The parties to each assignment shall execute and deliver to the
Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; provided that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of
any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

(v)    No Assignment to Certain Persons. No such assignment shall be made to (A) the Company or
any of the Company’s Affiliates or Subsidiaries or (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this
clause (B). 

  
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 (vi)    No Assignment to Natural Persons. No such
assignment shall be made to a natural Person. 
 (vii)    Certain Additional Payments. In
connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall
make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations, or other compensating actions,
including funding, with the consent of the Company and the Administrative Agent, the applicable pro rata share of Advances previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby
irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as
appropriate) its full pro rata share of all Advances. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable law without compliance with
the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 

Subject to acceptance and recording thereof by the Administrative Agent pursuant to paragraph (c) of this Section, from and after the effective date
specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement,
and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the
assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 2.08 and 8.04 with respect to facts and circumstances occurring prior to
the effective date of such assignment; provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder
arising from that Lender’s having been a Defaulting Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this paragraph shall be treated for purposes of this Agreement as a
sale by such Lender of a participation in such rights and obligations in accordance with paragraph (d) of this Section. 

(c)    Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrowers, shall
maintain at its address referred to in Section 8.02 a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts (and stated
interest) of the Advances owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). In addition, the Administrative Agent shall give prompt written notice to the

  
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Company of its receipt and recording of any Assignment and Assumption. The entries in the Register shall be conclusive absent manifest error, and the Loan Parties, 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. The Register shall be available for inspection by the Company and any Lender, at any
reasonable time and from time to time upon reasonable prior notice. 
 (d)    Participations. Any Lender may at
any time, without the consent of, or notice to, the Company or the Administrative Agent, sell participations to any Person (other than a natural Person or the Company or any of the Company’s Affiliates or Subsidiaries) (each, 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 Commitment and/or the Advances owing to it); provided that (i) such Lender’s
obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, and (iii) the Loan Parties, the Administrative Agent, and
Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for the indemnity under
Section 7.05 with respect to any payments made by such Lender to its Participant(s). 
 Any agreement or instrument pursuant to which a
Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or
instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver with respect to the following: (A) any reduction in principal, interest or fees payable to such Lender
under this Agreement, (B) the postponement of any date fixed for the payment of any principal, interest or fees under this Agreement and (C) any amendments to the foregoing clauses (A) and (B) that affects such Participant. The
Company agrees that each Participant shall be entitled to the benefits of Sections 2.08, 2.10 and 8.04 (subject to the requirements and limitations herein, including Section 8.08 and the requirements under Section 8.09 (it being understood
that the documentation required under Section 8.09 shall be delivered to the Lender that sold such participation)) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this
Section; provided that such Participant (A) agrees to be subject to the provisions of Sections 8.10 as if it were an assignee under paragraph (b) of this Section; and (B) shall not be entitled to receive any greater
payment under Sections 2.08 or 2.10, with respect to any participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a change in law that occurs
after the Participant acquired the applicable participation. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 2.09(b) as though it were a Lender; provided that such Participant
agrees to be subject to Section 8.05 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as a nonfiduciary agent of the Company, maintain a register on which it enters the name and address of
each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Advances or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall
have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information 

  
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relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is
necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. 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. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(e)    Certain Pledges. Anything in this Section 8.07 to the contrary notwithstanding, any Lender may assign
and pledge all or any portion of its rights to payment of the Advances owing to it hereunder, including (i) to any Federal Reserve Bank (and its transferees) as collateral security pursuant to Regulation A of the Board of Governors of the
Federal Reserve System and any applicable Operating Circular issued by such Federal Reserve Bank or Central Bank or (ii) to any central bank having jurisdiction over such Lender. No such assignment shall have the effect of releasing such Lender
from its obligations hereunder. 
 SECTION 8.08    Limitation on Assignments and Participations.
(a) Any Lender may, in connection with any actual or proposed assignment or participation pursuant to Section 8.07, disclose to the actual or proposed assignee or participant any information relating to any Loan Party furnished to such
Lender by or on behalf of such Loan Party; provided that, to the extent required pursuant to Section 8.02(d), the actual or proposed assignee or participant shall have agreed prior to any such disclosure to preserve the confidentiality of any
confidential information relating to such Loan Party received by it from such Lender or such Loan Party. 

(b)    Notwithstanding anything in Section 8.07 to the contrary, no Lender shall have the right to assign its rights
and obligations hereunder or any interest therein or to sell participations to one or more banks or other financial institutions in all or a portion of its rights hereunder or any interest therein where the result of such assignment or participation
would be reasonably expected to entitle the Lender to claim additional amounts pursuant to Section 2.02(d), 2.06, 2.08, 2.10 or 8.04 or would otherwise result in an increase in a Borrower’s obligations. 

SECTION 8.09    Withholding. (a) If any Lender, or any Person that
becomes a party to this Agreement pursuant to Section 8.07, is not incorporated under the laws of the United States of America or a state thereof, such Person agrees that, prior to the first date on which any payment is due to it hereunder, it
will deliver to each of the Company and the Administrative Agent (i) two duly completed copies of United States Internal Revenue Service Form W-8BEN-E or W-8ECI or successor applicable form, as the case may be, certifying in each case that such Person is entitled to receive payments under this Agreement, without deduction or withholding of any United States federal
income taxes, and (ii) an Internal Revenue Service Form W-8BEN-E or successor applicable form, or any other Internal Revenue Service Form prescribed by
applicable law, as the case may be, to establish an exemption from United States backup withholding tax. Each Person which delivers to the Company the relevant Form pursuant to the preceding sentence further undertakes to deliver to each of the
Company and the Administrative Agent two further copies of the relevant Form, or successor applicable forms, or 

  
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other manner of certification, as the case may be, on or before the date that any such form expires or becomes obsolete or after the occurrence of any event requiring a change in the most recent
form previously delivered by it to the Company and the Administrative Agent, and such extensions or renewals thereof as may reasonably be requested by the Company or the Administrative Agent, certifying that such Person is entitled to receive
payments under this Agreement without deduction or withholding of any United States federal income taxes, unless in any such case an event (including, without limitation, any change in treaty, law or regulation) has occurred prior to the date on
which any such delivery would otherwise be required which renders all such forms inapplicable or which would prevent such Person from duly completing and delivering any such form with respect to it and such Person advises the Company and the
Administrative Agent that it is not capable of receiving payments without any deduction or withholding of United States federal income tax, and in the case of a
Form W-8BEN-E or any other Internal Revenue Service Form prescribed by applicable law, establishing an exemption from United States backup withholding tax. 

(b)    Each Lender described in Section 8.09(a) above, or that is otherwise treated as a non-U.S. financial institution pursuant to FATCA, shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or
the Administrative Agent such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Internal Revenue 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 and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the
amount to deduct and withhold from such payment. Solely for purposes of this clause (b), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

SECTION 8.10    Mitigation. In the event that any Lender claims any amounts under Sections 2.02(d), 2.06,
2.08, 2.10 or 8.04(b), it shall use all reasonable efforts (consistent with its internal policies and legal and regulatory restrictions) to take actions (including, without limitation, changing the jurisdiction of its Applicable Lending Office) so
as to eliminate such additional amounts; provided that such Lender shall not be required to take any action if, in its reasonable judgment, such action would be materially disadvantageous to it. 

SECTION 8.11    Governing Law; Waiver of Jury Trial. THIS AGREEMENT AND THE
NOTES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS
AGREEMENT, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 
 SECTION 8.12    Execution in Counterparts.
This Agreement may be executed in any number of counterparts each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a
signature page to this Agreement by telecopier or other electronic means shall be effective as delivery of an original manually executed counterpart of 

  
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this Agreement. The words “execution,” “signed,” “signature,” and words of like import herein or in any other Loan Document shall be deemed to include electronic
signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent and digital copies of a signatory’s manual signature, deliveries or the keeping of records in
electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National
Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

SECTION 8.13    Submission to Jurisdiction; Etc. 

(a)    Submission to Jurisdiction. 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 any other party hereto or any Related Party of the foregoing in any way relating to this
Agreement or any other Loan Document or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in New York County, and of the United States District Court of the Southern District of New
York, and any appellate court from any thereof, and each of the parties hereto irrevocably and unconditionally submits to the jurisdiction of such courts 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 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. 

(b)    Service of Process. Each Designated Borrower agrees that service of process in any action or proceeding may
be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to CT Corporation System (the “Process Agent”) as agent for such Designated Borrower in New York, New
York for service of process at its address at 111 Eighth Avenue, New York, New York 10011, or at such other address of which the Administrative Agent shall have been notified in writing by such Designated Borrower; provided that, if the Process
Agent ceases to act as such Designated Borrower’s agent for service of process, such Designated Borrower will, by an instrument reasonably satisfactory to the Administrative Agent, appoint another Person (subject to the approval of the
Administrative Agent) in the Borough of Manhattan, New York, New York to act as such Designated Borrower’s agent for service of process. Each other party hereto irrevocably consents to service of process in the manner provided for notices
in Section 8.02. Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by applicable law. 

(c)    Waiver of Venue. Each of the parties hereto irrevocably waives, to the fullest extent permitted by law, any
objection which it may now or hereafter have to the laying of the venue of any such proceeding brought in a court referred to in paragraph (a) of this Section and a claim that such proceeding brought in such a court has been brought
in an inconvenient forum. 

  
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 SECTION 8.14    Judgment Currency. This is an international
loan transaction in which the specification of Dollars or an Alternate Currency, as the case may be (the “Specified Currency”), and any payment in New York City or the country of the Specified Currency, as the case may be (the
“Specified Place”), is of the essence, and, except as otherwise provided in this Agreement, the Specified Currency shall be the currency of account in all events relating to Advances denominated in the Specified Currency. Except as
otherwise provided in this Agreement, the payment obligations of the Designated Borrowers under this Agreement and the other Loan Documents shall not be discharged by an amount paid in another currency or in another place, whether pursuant to a
judgment or otherwise, to the extent that the amount so paid on conversion to the Specified Currency and transfer to the Specified Place under normal banking procedures does not yield the amount of the Specified Currency at the Specified Place due
hereunder. If for the purpose of obtaining judgment in any court it is necessary to convert a sum due hereunder in the Specified Currency into another currency (the “Second Currency”), the rate of exchange which shall be applied
shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the Specified Currency with the Second Currency on the Business Day next preceding that on which such judgment is rendered. The obligation of
each Designated Borrower in respect of any such sum due from it to the Administrative Agent or any Lender in respect of any judgment in any court shall, notwithstanding the rate of exchange actually applied in rendering such judgment, be discharged
only to the extent that on the Business Day following receipt by the Administrative Agent or such Lender, as the case may be, of any sum adjudged to be due hereunder or under the Notes in the Second Currency to the Administrative Agent or such
Lender, as the case may be, may in accordance with normal banking procedures purchase and transfer to the Specified Place the Specified Currency with the amount of the Second Currency so adjudged to be due; and the Company hereby, as a separate
obligation and notwithstanding any such judgment, agrees to indemnify the Administrative Agent or such Lender, as the case may be, against, and to pay the Administrative Agent or such Lender, as the case may be, on demand in the Specified Currency,
any difference between the sum originally due to the Administrative Agent or such Lender, as the case may be, for such judgment in the Specified Currency and the amount of the Specified Currency so purchased and transferred. 

SECTION 8.15    USA PATRIOT Act. Each Lender hereby notifies each Loan Party
that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required to obtain, verify and record
information that identifies the Loan Parties, which information includes the name and address of the Borrowers and other information that will allow such Lender to identify the Loan Parties in accordance with the Act. 

SECTION 8.16    No Fiduciary Duty. The Administrative Agent, each Lender and their Affiliates (collectively,
solely for purposes of this paragraph, the “Lenders”), may have economic interests that conflict with those of the Loan Parties. Each of the Loan Parties agrees that nothing in the Loan Documents or otherwise will be deemed to
create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between the Lenders and any Loan Party, its stockholders or its affiliates. Each of the Loan Parties acknowledge and agree that (i) the transactions
contemplated by the Loan Documents are arm’s-length commercial transactions between the Lenders, on the one hand, and each of the Loan Parties, on the other, (ii) in connection therewith and with the
process leading to such transaction each of the Lenders 

  
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is acting solely as a principal and not the agent or fiduciary of any Loan Party, its management, stockholders, creditors or any other person, (iii) no Lender has assumed an advisory or
fiduciary responsibility in favor of any Loan Party with respect to the transactions contemplated hereby or the process leading thereto (irrespective of whether any Lender or any of its affiliates has advised or is currently advising any Loan Party
on other matters) or any other obligation to any Loan Party except the obligations expressly set forth in the Loan Documents and (iv) each of the Loan Parties has consulted its own legal and financial advisors to the extent it deemed
appropriate. Each of the Loan Parties further acknowledges and agrees that it is responsible for making its own independent judgment with respect to such transactions and the process leading thereto. Each of the Loan Parties agree that it will not
claim that any Lender has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to any Loan Party, in connection with such transaction or the process leading thereto. 

SECTION 8.17    Acknowledgement and Consent to
Bail-In of Affected Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each
party hereto acknowledges that any liability of any Affected 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 the applicable 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 the applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an Affected 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 Affected 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 the applicable Resolution Authority. 

ARTICLE IX 
 GUARANTEE

 SECTION 9.01    Guarantee. To induce the other parties to enter into
this Agreement and for other valuable consideration, receipt of which is hereby acknowledged, the Company hereby unconditionally and irrevocably guarantees to the Administrative Agent, each 

  
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Lender and their respective successors and permitted assigns the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the principal of and interest
on the Advances to and the Notes of each other Loan Party and all other amounts whatsoever now or hereafter payable or becoming payable by each other Loan Party under this Agreement and each other Loan Document, in each case strictly in accordance
with the terms thereof (collectively, the “Guaranteed Obligations”). The Company hereby further agrees that if any other Loan Party shall fail to pay in full when due (whether at stated maturity, by acceleration or
otherwise) any of the Guaranteed Obligations, the Company will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same
will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. This Section 9.01 is a continuing guarantee and is a guarantee of payment and is
not merely a guarantee of collection and shall apply to all Guaranteed Obligations whenever arising. 

SECTION 9.02    Acknowledgments, Waivers and Consents. The Company agrees that its obligations under
Section 9.01 shall be primary, absolute, irrevocable and unconditional under any and all circumstances and that the guarantee therein is made with respect to any Guaranteed Obligations now existing or in the future arising. Without limiting the
foregoing, the Company agrees that: 
 (a)    The occurrence of any one or more of the following shall
not affect the enforceability or effectiveness of this Article IX in accordance with its terms or affect, limit, reduce, discharge or terminate the liability of the Company, or the rights, remedies, powers and privileges of the Administrative
Agent or any Lender, under this Article IX: 
 (i)    any modification or amendment (including by
way of amendment, extension, renewal or waiver), or any acceleration or other change in the time for payment or performance of the terms of all or any part of the Guaranteed Obligations or any Loan Document, or any other agreement or instrument
whatsoever relating thereto, or any modification of the Commitments; 
 (ii)    any release, termination,
waiver, abandonment, lapse or expiration, subordination or enforcement of the liability of any other guarantee of all or any part of the Guaranteed Obligations; 

(iii)    any application of the proceeds of any other guarantee (including the obligations of any other
guarantor of all or any part of the Guaranteed Obligations) to all or any part of the Guaranteed Obligations in any such manner and to such extent as the Administrative Agent may determine; 

(iv)    any release of any other Person (including any other guarantor with respect to all or any part of
the Guaranteed Obligations) from any personal liability with respect to all or any part of the Guaranteed Obligations; 

(v)    any settlement, compromise, release, liquidation or enforcement, upon such terms and in such manner
as the Administrative Agent may determine or as applicable law may dictate, of all or any part of the Guaranteed Obligations or any other guarantee of (including any letter of credit issued with respect to) all or any part of the Guaranteed
Obligations; 

  
 364-DAY
CREDIT AGREEMENT 
 68 

 (vi)    the giving of any consent to the merger or
consolidation of, the sale of substantial assets by, or other restructuring or termination of the corporate existence of, any other Loan Party or any other Person or any disposition of any shares of any Loan Party; 

(vii)    any proceeding against any other Loan Party or any other guarantor of all or any part of the
Guaranteed Obligations or any collateral provided by any other Person or the exercise of any rights, remedies, powers and privileges of the Administrative Agent and the Lenders under the Loan Documents or otherwise in such order and such manner as
the Administrative Agent may determine, regardless of whether the Administrative Agent or the Lenders shall have proceeded against or exhausted any collateral, right, remedy, power or privilege before proceeding to call upon or otherwise enforce
this Article IX; 
 (viii)    the entering into such other transactions or business dealings with
any other Loan Party, any Subsidiary or affiliate thereof or any other guarantor of all or any part of the Guaranteed Obligations as the Administrative Agent or any Lender may desire; or 

(ix)    all or any combination of any of the actions set forth in this Section 9.02(a). 

(b)    The enforceability and effectiveness of this Article IX and the liability of the Company, and
the rights, remedies, powers and privileges of the Administrative Agent and the Lenders, under this Article IX shall not be affected, limited, reduced, discharged or terminated, and the Company hereby expressly waives to the fullest extent
permitted by law any defense now or in the future arising, by reason of: 
 (i)    the illegality,
invalidity or unenforceability of all or any part of the Guaranteed Obligations, any Loan Document or any other agreement or instrument whatsoever relating to all or any part of the Guaranteed Obligations; 

(ii)    any disability or other defense with respect to all or any part of the Guaranteed Obligations,
including the effect of any statute of limitations that may bar the enforcement of all or any part of the Guaranteed Obligations or the obligations of any other guarantor of all or any part of the Guaranteed Obligations; 

(iii)    the illegality, invalidity or unenforceability of any security for or other guarantee (including
any letter of credit) of all or any part of the Guaranteed Obligations or the lack of perfection or continuing perfection or failure of the priority of any Lien on any collateral for all or any part of the Guaranteed Obligations; 

  
 364-DAY
CREDIT AGREEMENT 
 69 

 (iv)    the cessation, for any cause whatsoever, of the
liability of any other Loan Party or any other guarantor with respect to all or any part of the Guaranteed Obligations (other than, subject to Section 9.03, by reason of the full payment of all Guaranteed Obligations); 

(v)    any failure of the Administrative Agent or any Lender to marshal assets in favor of any other Loan
Party or any other Person (including any other guarantor of all or any part of the Guaranteed Obligations), to exhaust any collateral for all or any part of the Guaranteed Obligations, to pursue or exhaust any right, remedy, power or privilege it
may have against such other Loan Party or any other guarantor of all or any part of the Guaranteed Obligations or any other Person or to take any action whatsoever to mitigate or reduce such or any other Person’s liability, the Administrative
Agent and the Lenders being under no obligation to take any such action notwithstanding the fact that all or any part of the Guaranteed Obligations may be due and payable and that such other Loan Party may be in default of its obligations under any
Loan Document; 
 (vi)    any counterclaim, set-off or other
claim which any other Loan Party or any other guarantor of all or any part of the Guaranteed Obligations has or claims with respect to all or any part of the Guaranteed Obligations, or any counterclaim,
set-off or other claim which the Company may have with respect to all or any part of any obligations owed to the Company by the Administrative Agent or any Lender (other than, without prejudice to
Section 9.03, any counterclaim or other claim that the amount of such Guaranteed Obligation which is being claimed has been finally paid in full); 

(vii)    any failure of the Administrative Agent or any Lender or any other Person to file or enforce a
claim in any bankruptcy or other proceeding with respect to any Person; 
 (viii)    any bankruptcy,
insolvency, reorganization, winding-up or adjustment of debts, or appointment of a custodian, liquidator or the like of it, or similar proceedings commenced by or against any Person, including any discharge
of, or bar or stay against collecting, all or any part of the Guaranteed Obligations (or any interest on all or any part of the Guaranteed Obligations) in or as a result of any such proceeding; 

(ix)    any action taken by the Administrative Agent or any Lender that is authorized under this
Article IX or by any other provision of any Loan Document or any omission to take any such action; 

(x)    any law, regulation, decree or order of any jurisdiction or Governmental Authority or any event
affecting any term of the Guaranteed Obligations; or 
 (xi)    any other circumstance whatsoever that
might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor. 

  
 364-DAY
CREDIT AGREEMENT 
 70 

 (c)    To the fullest extent permitted by law, the
Company expressly waives, for the benefit of the Administrative Agent and the Lenders, all diligence, presentment, demand for payment or performance, notices of nonpayment or nonperformance, protest, notices of protest, notices of dishonor and all
other notices or demands of any kind or nature whatsoever, and any requirement that the Administrative Agent or any Lender exhaust any right, power or remedy or proceed against any other Loan Party under any Loan Document or other agreement or
instrument referred to herein or therein, or against any other Person under any other guarantee of, or security for, any of the Guaranteed Obligations, and all notices of acceptance of this Article IX or of the existence, creation, incurring or
assumption of new or additional Guaranteed Obligations. 

SECTION 9.03    Reinstatement. The obligations of the Company under this
Article IX shall be automatically reinstated if and to the extent that for any reason any payment by or on behalf of any other Loan Party in respect of the Guaranteed Obligations is rescinded or must otherwise be restored or returned by the
Administrative Agent or any Lender, whether as a result of insolvency, any proceedings in bankruptcy, dissolution, liquidation or reorganization or otherwise. 

SECTION 9.04    Subrogation. The Company hereby agrees that, until the final payment in full of all
Guaranteed Obligations, it shall not exercise any right or remedy arising by reason of any performance by it of its guarantee in Section 9.01, whether by subrogation, reimbursement, contribution or otherwise, against any other Loan Party or any
other guarantor of any of the Guaranteed Obligations or any security for any of the Guaranteed Obligations. 

SECTION 9.05    Remedies. The Company agrees that, as between the Company and
the Administrative Agent and the Lenders, the obligations of any other Loan Party under this Agreement or any other Loan Documents may be declared to be forthwith due and payable as provided in Section 6.01 (and shall be deemed to have become
automatically due and payable in the circumstances provided in said Section 6.01) for purposes of Section 9.01, notwithstanding any stay, injunction or other prohibition preventing such declaration (or such obligations from becoming
automatically due and payable) as against such other Loan Party and that, in the event of such declaration (or such obligations being deemed to have become automatically due and payable), such obligations (whether or not due and payable by such
other Loan Party) shall forthwith become due and payable by the Company for purposes of Section 9.01. 

SECTION 9.06    Payments. Each payment by the Company under this Article IX shall be made in accordance
with Section 2.09 in the Currency in which the Guaranteed Obligations in respect of which such payment is made are denominated, without deduction, set-off or counterclaim at the Administrative
Agent’s Account and free and clear of any and all present and future Taxes. 
 [remainder of page intentionally left blank] 

  
 364-DAY
CREDIT AGREEMENT 
 71 

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

			
	STANLEY BLACK & DECKER, INC.
		
	By:	 	 /s/ Robert T. Paternostro

		 	Name: Robert T. Paternostro
		 	Title:   Vice President and Treasurer
	
	CITIBANK, N.A.,
		 	as Administrative Agent and as Lender
		
	By:	 	 /s/ Carolyn Kee

		 	Name: Carolyn Kee
		 	Title:   Vice President

  
 364-DAY
CREDIT AGREEMENT 

 LENDERS 

 

			
	BANK OF AMERICA, N.A
		
	By:	 	 /s/ Michael Contreras

		 	Name: Michael Contreras
		 	Title:   Director
	
	JPMORGAN CHASE BANK, N.A
		
	By:	 	 /s/ Jonathan Bennett

		 	Name: Jonathan Bennett
		 	Title:   Executive Director
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Kay Reedy

		 	Name: Kay Reedy
		 	Title:   Managing Director
	
	CREDIT SUISSE AG, NEW YORK BRANCH
		
	By:	 	 /s/ Doreen Barr

		 	Name: Doreen Barr
		 	Title:   Authorized Signatory
		
	By:	 	 /s/ Brady Bingham

		 	Name: Brady Bingham
		 	Title:   Authorized Signatory

  
 364-DAY
CREDIT AGREEMENT 

			
	DEUTSCHE BANK AG NEW YORK BRANCH
		
	By:	 	 /s/ Ming K. Chu

		 	Name: Ming K. Chu
		 	Title:   Director
		
	By:	 	 /s/ Annie Chung

		 	Name: Annie Chung
		 	Title:   Director
	
	GOLDMAN SACHS BANK USA
		
	By:	 	 /s/ Ryan Durkin

		 	Name: Ryan Durkin
		 	Title:   Authorized Signatory
	
	MORGAN STANLEY BANK, N.A.
		
	By:	 	 /s/ Michael King

		 	Name: Michael King
		 	Title:   Authorized Signatory
	
	MUFG BANK, LTD.
		
	By:	 	 /s/ Henry Schwarz

		 	Name: Henry Schwarz
		 	Title:   Authorized Signatory
	
	ROYAL BANK OF CANADA
		
	By:	 	 /s/ Benjamin Lennon

		 	Name: Benjamin Lennon
		 	Title:   Authorized Signatory

  
 364-DAY
CREDIT AGREEMENT 

 
			
	BNP PARIBAS
		
	By:	 	 /s/ Mike Shryock

		 	Name: Mike Shryock
		 	Title:   Managing Director
		
	By:	 	 /s/ Emma Petersen

		 	Name: Emma Petersen
		 	Title:   Director
	
	HSBC BANK USA, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Kyle Patterson

		 	Name: Kyle Patterson
		 	Title:   Senior Vice President
	
	SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)
		
	By:	 	 /s/ Jan Päkkilä

		 	Name: Jan Päkkilä
		 	Title:
		
	By:	 	 /s/ Jörgen Sjöström

		 	Name: Jörgen Sjöström
		 	Title:
	
	THE BANK OF NEW YORK MELLON
		
	By:	 	 /s/ Thomas J. Tarasovich, Jr.

		 	Name: Thomas J. Tarasovich, Jr.
		 	Title:   Vice President

  
 364-DAY
CREDIT AGREEMENT 

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Kenneth R. Fieler

		 	Name: Kenneth R. Fieler
		 	Title:   Vice President
	
	ING BANK N.V., DUBLIN BRANCH
		
	By:	 	 /s/ Sean Hassett

		 	Name: Sean Hassett
		 	Title:   Director
		
	By:	 	 /s/ Cormac Langford

		 	Name: Cormac Langford
		 	Title:   Director
	
	TRUIST BANK
		
	By:	 	 /s/ Matthew J. Davis

		 	Name: Matthew J. Davis
		 	Title:   Senior Vice President
	
	THE BANK OF NOVA SCOTIA
		
	By:	 	 /s/ Kevin McCarthy

		 	Name: Kevin McCarthy
		 	Title:   Director

  
 364-DAY
CREDIT AGREEMENT 

 SCHEDULE I 

LENDERS AND COMMITMENTS 
  

					
	 Lenders
	  	Commitment	 
	 Citibank, N.A.
	  	$	94,166,666.67	 
	 Bank of America, N.A.
	  	$	94,166,666.66	 
	 JPMorgan Chase Bank, N.A.
	  	$	94,166,666.66	 
	 Wells Fargo Bank, National Association
	  	$	94,166,666.66	 
	 Barclays Bank PLC
	  	$	60,000,000.00	 
	 Credit Suisse AG, Cayman Islands Branch
	  	$	60,000,000.00	 
	 Deutsche Bank AG New York Branch
	  	$	60,000,000.00	 
	 Goldman Sachs Bank USA
	  	$	60,000,000.00	 
	 Morgan Stanley Bank, N.A.
	  	$	36,000,000.00	 
	 MUFG Bank, Ltd.
	  	$	24,000,000.00	 
	 Royal Bank of Canada
	  	$	60,000,000.00	 
	 BNP Paribas
	  	$	37,666,666.67	 
	 HSBC Bank USA, National Association
	  	$	37,666,666.67	 
	 Skandinaviska Enskilda Banken AB (publ)
	  	$	37,666,666.67	 
	 The Bank of New York Mellon
	  	$	37,666,666.67	 
	 U.S. Bank National Association
	  	$	37,666,666.67	 
	 ING Bank N.V., Dublin Branch
	  	$	25,000,000.00	 
	 Truist Bank
	  	$	25,000,000.00	 
	 The Bank of Nova Scotia
	  	$	25,000,000.00	 
	 TOTAL
	  	$	1,000,000,000	 

  
 SCHEDULE I 

 Schedule II 

DESIGNATED BORROWER JURISDICTIONS 
 United
Kingdom 
 Belgium 
 Luxembourg 

Switzerland 

  
 SCHEDULE II 

 EXHIBIT A 

NOTICE OF BORROWING 
 Citibank, N.A., as
Administrative Agent 
 for the Lenders parties 

to the Credit Agreement 
 referred
to below 
 Building Ops II, One Penns Way 
 New Castle, DE
19720 
 Attn: Bank Loan Syndications 
 [Date]

 Ladies and Gentlemen: 
 The undersigned,
Stanley Black & Decker, Inc., refers to the 364-Day Credit Agreement, dated as of September 9, 2020 (as amended, modified or supplemented from time to time, the “Credit
Agreement”, the terms defined therein being used herein as therein defined), among the undersigned, certain Designated Borrowers, certain Lenders parties thereto, and Citibank, N.A., as Administrative Agent for said Lenders, and hereby
gives you notice, irrevocably, pursuant to Section 2.02 of the Credit Agreement that the undersigned hereby requests a Borrowing on the following terms under the Credit Agreement, and in that connection sets forth below the information relating
to such Borrowing (the “Proposed Borrowing”) as required by Section 2.02(b) of the Credit Agreement: 

(i)    The Borrower is
                    . 

(ii)    The Business Day of the Proposed Borrowing is
                , 20    . 

[(iii)    The Type of Advances comprising the Proposed Borrowing is [Base Rate]1 [Eurocurrency Rate]]. 
 (iv)    The aggregate amount
of the Proposed Borrowing is [$]2 [€]                 . 

[(v)]    The Initial Interest Period for each Eurocurrency Rate Advance made as part of
the Proposed Borrowing is                 
 month[s]]. 

The undersigned hereby certifies that the following statements are true on the date hereof, and will be true on the date of the Proposed
Borrowing: 
 (A)    the representations and warranties contained in Section 4.01 of the Credit
Agreement (other than the Excluded Representation) are correct in all material respects (other than any representation or warranty qualified by materiality or Material Adverse 

 

	1 	 not available for any Designated Borrower 

	2 	 not available for any Designated Borrower 

  
 A2-1 

 
Effect, which shall be true and correct in all respects), before and after giving effect to the Proposed Borrowing and to the application of the proceeds therefrom, as though made on and as of
such date; and 
 (B)    no event has occurred and is continuing, or would result from such Proposed
Borrowing or from the application of the proceeds therefrom, which constitutes a Default or Event of Default. 
  

			
	Very truly yours,
	
	STANLEY BLACK & DECKER, INC.
		
	By	 	  

		 	Name:
		 	Title:

  
 A2-2 

 EXHIBIT B 

NOTICE OF CONVERSION OR CONTINUATION 

[Date] 
 Citibank, N.A., as Administrative Agent

 for the Lenders parties 
 to
the Credit Agreement 
 referred to below 

Building Ops II, One Penns Way 
 New Castle, DE 19720 

Attn: Bank Loan Syndications 
 Ladies and Gentlemen: 

The undersigned, Stanley Black & Decker, Inc., refers to the 364-Day Credit Agreement, dated
as of September 9, 2020 (as amended, modified or supplemented from time to time, the “Credit Agreement”, the terms defined therein being used herein as therein defined), among the undersigned, certain Lenders parties thereto,
and Citibank, N.A., as Administrative Agent for said Lenders, and hereby gives you notice, pursuant to Section 2.04(b) of the Credit Agreement that [the undersigned] [NAME OF DESIGNATED BORROWER] hereby elects to [convert][continue] the
Borrowing consisting of [Base Rate][Eurocurrency Rate] Advances: 
 (i)    which is in the amount of is
[$]3 [€]                     ; 

(ii)    which, in the case of a Borrowing consisting of Eurocurrency Rate Advances, has an Interest Period
of month(s);4 and 
 (iii)    which was
borrowed (or previously converted or continued) on                 , 20    . 

 

	3 	 not available for any Designated Borrower 

	4 	 Omit clause (ii) if Committed Borrowing consisted of Base Rate Advances. 

  
 B-1 

 Such [conversion][continuation] shall become effective on
                , 20    , at which time such Advances shall be [converted into][continued as] [Base Rate]5[Eurocurrency Rate] Advances: 
 (i)    which is in the
amount of is [$]6 [€]                     ;7 and 
 (ii)    which has an Interest Period
of month(s)8. 
  

			
	Very truly yours,
	
	STANLEY BLACK & DECKER, INC.
		
	By	 	  

		 	Name:
		 	Title:

  

	5 	 not available for any Designated Borrower 

	6 	 not available for any Designated Borrower 

	7 	 Omit clause (i) if conversion or continuation is for an entire amount of Committed Borrowing.

	8 	 Omit clause (ii) if conversion is into Base Rate Advance. 

  
 B-2 

 EXHIBIT C-1 

FORM OF OPINION OF BROWN RUDNICK 

[TO BE PROVIDED] 

  
 C1-1 

 EXHIBIT C-2 

FORM OF OPINION OF SPECIAL NEW YORK COUNSEL TO 

THE ADMINISTRATIVE AGENT 

                , 2020 

To the Initial Lenders party to the Credit 
 Agreement referred
to below and to 
 Citibank, N.A., as Administrative Agent 

Stanley Black & Decker, Inc. 

Ladies and Gentlemen: 
 We have acted as counsel
to Citibank, N.A., as Administrative Agent (the “Agent”), in connection with the 364-Day Credit Agreement, dated as of September 9, 2020 (the “Credit Agreement”), among
Stanley Black & Decker, Inc., a Connecticut corporation (the “Company”), and each of you. Unless otherwise defined herein, terms defined in the Credit Agreement are used herein as therein defined. 

In that connection, we have reviewed originals or copies of the following documents: 

(a)    A copy of the Credit Agreement executed by the Company and 

(b)    The Notes executed by the Company and delivered on the date hereof. 

The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the “Opinion Documents.” 

We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinions
expressed below. 
 In our review of the Opinion Documents and other documents, we have assumed: 

A.    The genuineness of all signatures. 

B.    The authenticity of the originals of the documents submitted to us. 

C.    The conformity to authentic originals of any documents submitted to us as copies. 

D.    As to matters of fact, the truthfulness of the representations made in the Credit Agreement and the
other Opinion Documents. 

  
 C-2-1 

 E.    That each of the Opinion Documents is the legal,
valid and binding obligation of each party thereto, other than the Loan Parties, enforceable against each such party in accordance with its terms. 

F.    That: 

(i)    Each Loan Party is an entity duly organized and validly existing under the laws of the jurisdiction
of its organization. 
 (ii)    Each Loan Party has full power to execute, deliver and perform, and has
duly executed and delivered, the Opinion Documents to which it is a party. 
 (iii)    The execution,
delivery and performance by each Loan Party of the Opinion Documents to which it is a party have been duly authorized by all necessary action (corporate or otherwise) and do not: 

(1)    contravene its certificate or articles of incorporation,
by-laws or other organizational documents; 
 (2)    except
with respect to Generally Applicable Law, violate any law, rule or regulation applicable to it; or 

(3)    result in any conflict with or breach of any agreement or document binding on it of which any
addressee hereof has knowledge, has received notice or has reason to know. 
 (iv)    Except with
respect to Generally Applicable Law, no authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or (to the extent the same is required under any agreement or document binding on it
of which an addressee hereof has knowledge, has received notice or has reason to know) any other third party is required for the due execution, delivery or performance by any Loan Party of any Opinion Documents to which it is a party or, if any such
authorization, approval, action, notice or filing is required, it has been duly obtained, taken, given or made and is in full force and effect. 

We have not independently established the validity of the foregoing assumptions. 

“Generally Applicable Law” means the federal law of the United States of America, and the law of the State of New York
(including the rules or regulations promulgated thereunder or pursuant thereto), that a New York lawyer exercising customary professional diligence would reasonably be expected to recognize as being applicable to the Loan Parties, the Opinion
Documents or the transactions governed by the Opinion Documents. Without limiting the generality of the foregoing definition of Generally Applicable Law, the term “Generally Applicable Law” does not include any law, rule or regulation that
is applicable to any Loan Party, the Opinion Documents or such transactions solely because such law, rule or regulation is part of a regulatory regime applicable to any party to any of the Opinion Documents or any of its affiliates due to the
specific assets or business of such party or such affiliate. 

  
 C-2-2 

 Based upon the foregoing and upon such other investigation as we have deemed necessary and
subject to the qualifications set forth below, we are of the opinion that each Opinion Document is the legal, valid and binding obligation of each Loan Party, enforceable against such Loan Party in accordance with its terms. 

Our opinion expressed above is subject to the following qualifications: 

(a)    Our opinion is subject to the effect of any applicable bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting creditors’ rights generally (including without limitation all laws relating to fraudulent transfers). 

(b)    Our opinion is subject to the effect of general principles of equity, including without limitation
concepts of materiality, reasonableness, good faith and fair dealing (regardless of whether considered in a proceeding in equity or at law). 

(c)    We express no opinion with respect to Section 2.09(b) of the Credit Agreement to the extent
such Section permits set-off to be made without notice. 

(d)    We express no opinion with respect to the enforceability of indemnification provisions, or of
release or exculpation provisions, contained in the Opinion Documents to the extent that enforcement thereof is contrary to public policy regarding the indemnification against or release or exculpation of criminal violations, intentional harm or
violations of securities laws. 
 (e)    We express no opinion with respect to the enforceability of any
indemnity against loss in converting into a specified currency the proceeds or amount of a court judgment in another currency. 

(f)    We express no opinion with respect to Section 8.13 of the Credit Agreement to the extent that
such Section (i) implies that a federal court of the United States has subject matter jurisdiction or (ii) purports to grant any court exclusive jurisdiction. 

(g)    We express no opinion as to whether inclusion of the
bail-in clause in Section 8.17 of the Credit Agreement or any Bail-In Action under it will be given effect. 

(h)    Our opinion is limited to Generally Applicable Law, and we do not express any opinion herein
concerning any other law. 
 A copy of this opinion letter may be delivered by any of you to any person that becomes a Lender in accordance
with the provisions of the Credit Agreement. Any such person may rely on the opinions expressed above as if this opinion letter were addressed and delivered to such person on the date hereof. 

  
 C-2-3 

 This opinion letter is rendered to you in connection with the transactions contemplated by
the Opinion Documents. This opinion letter may not be relied upon by you or any person entitled to rely on this opinion pursuant to the preceding paragraph for any other purpose without our prior written consent. Furthermore, all rights
hereunder may be asserted only in a single proceeding by and through the Administrative Agent or the Required Lenders. 
 This opinion
letter is technical in nature and should be relied on only with the advice of attorneys as to its application. Its conclusions refer only to the circumstances that exist when given and as of the date hereof. We expressly disclaim any responsibility
to advise you of any development or circumstance of any kind, including any change of law or fact, that may occur after the date of this opinion letter that might affect the opinion expressed herein. 

Very truly yours, 
 SLH 

  
 C-2-4 

 EXHIBIT D 

ASSIGNMENT AND ASSUMPTION 
 This
Assignment and Assumption (the “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [the][each]9 Assignor identified
in item 1 below ([the][each, an] “Assignor”) and [the][each]10 Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and agreed that
the rights and obligations of [the Assignors][the Assignees]11 hereunder are several and not joint.]12 Capitalized terms used but not defined
herein shall have the meanings given to them in the Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by [the][each] Assignee. The Standard Terms and Conditions
set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the Assignee][the respective Assignees], and
[the][each] Assignee hereby irrevocably purchases and assumes from [the Assignor][the respective Assignors], subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’] rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under the Credit Agreement and any other
documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of [the Assignor][the respective Assignors] under the respective
facilities identified below (including without limitation any letters of credit, guarantees, and swingline loans included in such facilities), and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of
action and any other right of [the Assignor (in its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)] against any Person, whether known or unknown, arising under or in connection with the Credit Agreement,
any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims,
statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee
pursuant to clauses (i) and (ii) above being referred to herein collectively as [the][an] “Assigned Interest”). Each such sale and assignment is without recourse to [the][any] Assignor and, except as expressly provided in
this Assignment and Assumption, without representation or warranty by [the][any] Assignor. 
  

	9 	 For bracketed language here and elsewhere in this form relating to the Assignor(s), if the assignment is from a
single Assignor, choose the first bracketed language. If the assignment is from multiple Assignors, choose the second bracketed language. 

	10 	 For bracketed language here and elsewhere in this form relating to the Assignee(s), if the assignment is to a
single Assignee, choose the first bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language. 

	11 	 Select as appropriate. 

	12 	 Include bracketed language if there are either multiple Assignors or multiple Assignees. 

  
 D-1 

							
	1.	  	Assignor[s]:	 	  
	  	
		  		 	  
	  	
			
		  	[Assignor [is] [is not] a Defaulting Lender]	  	
				
	2.	  	Assignee[s]:	 	  
	  	
		  		 	  
	  	
		
		  	[for each Assignee, indicate [Affiliate]of [identify Lender]
				
	3.	  	Borrower(s):	 	Stanley Black & Decker, Inc.	  	
		
	4.	  	Administrative Agent: Citibank, N.A., as the administrative agent under the Credit Agreement
		
	5.	  	Credit Agreement:    The $1,000,000,000 364-Day Credit Agreement dated as of September 9, 2020 among Stanley Black & Decker, Inc., as Borrower,
the Lenders parties thereto, Citibank, N.A., as Administrative Agent, and the other agents parties thereto
				
	6.	  	Assigned Interest[s]:	 		  	

  

											
	Assignor[s]13	 	Assignee[s]14	 	Aggregate
Amount of
Commitment
/Advances
for all
Lenders15	 	Amount of
Commitment
/Advances
Assigned8	 	Percentage
Assigned of
Commitment
/
Advances16	 	CUSIP
Number
		 		 	$            	 	$            	 	        %	 	
		 		 	$	 	$	 	%	 	
		 		 	$	 	$	 	%	 	

							
				
	[7.	  	Trade Date:	 	                                ]17	  	

  

	13 	 List each Assignor, as appropriate. 

	14 	 List each Assignee, as appropriate. 

	15 	 Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the
Trade Date and the Effective Date. 

	16 	 Set forth, to at least 9 decimals, as a percentage of the Commitment/Advances of all Lenders thereunder.

	17 	 To be completed if the Assignor(s) and the Assignee(s) intend that the minimum assignment amount is to be
determined as of the Trade Date. 

  
 D-2 

 Effective
Date:                         , 20         [TO BE INSERTED BY
ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
 The terms set forth in this Assignment
and Assumption are hereby agreed to: 
  

							
	ASSIGNOR[S]18
	[NAME OF ASSIGNOR]
	By:	 	  

		 	Title:	 	
	
	[NAME OF ASSIGNOR]
	By:	 	  

		 	Title:	 	
	
	ASSIGNEE[S]19
	[NAME OF ASSIGNEE]
		
	By:	 	  

		 	Title:	 	
	
	[NAME OF ASSIGNEE]
	By:	 	  

		 	Title:
	
	[Consented to and]20 Accepted:
	[NAME OF ADMINISTRATIVE AGENT], as
	Administrative Agent
	By	 	  

		 	Name:
		 	Title:
	
	[Consented to:]21
	[NAME OF RELEVANT PARTY]
	By	 	  

		 	Name:	 	
		 	Title:	 	

  

	18 	 Add additional signature blocks as needed. 

	19 	 Add additional signature blocks as needed. 

	20 	 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.

	21 	 To be added only if the consent of the Borrower and/or other parties is required by the terms of the Credit
Agreement. 

  
 D-3 

 ANNEX 1 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 

1.    Representations and Warranties. 

1.1    Assignor[s]. [The][Each] Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of [the][the
relevant] Assigned Interest, (ii) [the][such] Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this
Assignment and Assumption and to consummate the transactions contemplated hereby and (iv) it is [not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or
in connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition
of the Company, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document, or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of
their respective obligations under any Loan Document. 
 1.2.    Assignee[s]. [The][Each] Assignee (a) represents and warrants that
(i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement,
(ii) it meets all the requirements to be an assignee under Section 8.07(b)(iii), (v) and (vi) of the Credit Agreement (subject to such consents, if any, as may be required under Section 8.07(b)(iii) of the Credit
Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of [the][the relevant] Assigned Interest, shall have the obligations of a Lender
thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire the Assigned Interest, is
experienced in acquiring assets of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to
Section 5.01 thereof, as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase [the][such] Assigned Interest,
(vi) it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment
and Assumption and to purchase [the][such] Assigned Interest, and (vii) [if it is a Foreign Lender] attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly
completed and executed by [the][such] Assignee; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, [the][any] Assignor or any other Lender, and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan
Documents are required to be performed by it as a Lender. 

  
 ANNEX 1 

 2.    Payments. From and after the Effective Date, the Administrative Agent shall
make all payments in respect of [the][each] Assigned Interest (including payments of principal, interest, fees and other amounts) to [the][the relevant] Assignee whether such amounts have accrued prior to, on or after the Effective Date. The
Assignor[s] and the Assignee[s] shall make all appropriate adjustments in payments by the Administrative Agent for periods prior to the Effective Date or with respect to the making of this assignment directly between themselves. Notwithstanding the
foregoing, the Administrative Agent shall make all payments of interest, fees or other amounts paid or payable in kind from and after the Effective Date to [the][the relevant] Assignee. 

3.    General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and
their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and
Assumption by telecopy or other electronic means shall be effective as delivery of an original manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with,
the law of the State of New York. 

  
 ANNEX 1 

 EXHIBIT E 

PROMISSORY NOTE 
  

			
	[$][€]                	  	Dated:    

 FOR VALUE RECEIVED, the undersigned, [STANLEY BLACK & DECKER, INC., a Connecticut corporation]
[DESIGNATED BORROWER, a [________] corporation] (the “Borrower”), HEREBY PROMISES TO PAY to the order of [NAME OF LENDER] (the “Lender”) the principal sum of
[$][€]                 or, if less, the aggregate principal amount of all Advances made by the Lender to the Borrower pursuant to
the Credit Agreement referred to below outstanding on the Termination Date or, if applicable, the Maturity Date, and such amount shall be paid on or prior to such date as provided in the Credit Agreement referred to below. 

Capitalized terms used herein and not defined herein shall have the meanings provided in the Credit Agreement referred to below. 

The Borrower promises to pay interest on the principal amount of each Advance from the date of such Advance until such principal amount is
paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement referred to below. 
 Both
principal of and interest on each Advance are payable in the Currency in which such Advance was denominated to Citibank, N.A., as Administrative Agent, at the Administrative Agent’s Account in the Principal Financial Center for such Currency
for the account of the Lender, in same day funds. Each Advance made by the Lender to the Borrower and the maturity thereof, and all payments made on account of the principal amount thereof, shall be recorded by the Lender and, prior to any transfer
hereof, endorsed on the grid attached hereto which is a part of this Promissory Note, which recordation shall be conclusive and binding absent manifest error but the failure to make such recording shall not have any effect on the Lender’s
rights hereunder. 
 This Promissory Note is one of the Notes referred to in, and is entitled to the benefits of, the 364-Day Credit Agreement dated as of September 9, 2020 (as amended, modified or supplemented from time to time, the “Credit Agreement”), among [Stanley Black & Decker, Inc./the
Borrower], certain Designated Borrowers (if any), the Lender and certain other lenders parties thereto, and Citibank, N.A., as Administrative Agent for the Lender and such other lenders. The Credit Agreement, among other things, (i) provides
for the making of Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at any time outstanding the Dollar amount first above mentioned, the indebtedness of the Borrower resulting from each such Advance being
evidenced by this Promissory Note, (ii) contains provisions for determining the Dollar Equivalent of Advances denominated in Alternate Currencies and (iii) contains provisions for acceleration of the maturity hereof upon the happening of
certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. 

  
 E-1 

 
	
	[STANLEY BLACK & DECKER, INC.]
	[DESIGNATED BORROWER]
	
	By                                      
                          
	     Name:
	     Title:
	
	By                                      
                          
	     Name:
	     Title:

  
 E-2 

 EXHIBIT F 

FORM OF DESIGNATION LETTER 

[Date] 
 To Citibank, N.A., 

  as Administrative Agent 
 Building Ops II, One Penns
Way 
 New Castle, DE 19720 
 Attn: Bank Loan Syndications 

Ladies and Gentlemen: 
 We make reference to the
$1,000,000,000 364-Day Credit Agreement dated as of September 9, 2020 (the “Credit Agreement”) among Stanley Black & Decker, Inc. (the “Company”), certain
Designated Borrowers (if any), the Lenders party thereto and Citibank, N.A., as Administrative Agent. Terms defined in the Credit Agreement are used herein as defined therein. 

The Company hereby designates
[                        ] (the “Designated Borrower”), a corporation duly incorporated under the laws of
[                    ] and a Subsidiary, as a Company in accordance with Section 2.14 of the Credit Agreement. 

The Designated Borrower hereby accepts the above designation and hereby expressly and unconditionally accepts all of the obligations of a
Borrower under the Credit Agreement, adheres to the Credit Agreement and agrees and confirms that, upon your execution and return to the Company of the enclosed copy of this letter, it shall be a Borrower for all purposes of the Credit Agreement,
joins in each of the waivers, appointments and submissions in Article VIII thereof, and will perform and comply with the terms and provisions of the Credit Agreement applicable to it as if it had originally executed the Credit Agreement as a
Borrower. The Designated Borrower hereby authorizes and empowers the Company to act as its representative and attorney-in-fact for the purposes of signing documents and
giving and receiving notices (including notices of Borrowing under the Credit Agreement) and other communications in connection with the Credit Agreement and the transactions contemplated thereby and for the purposes of modifying or amending any
provision of the Credit Agreement and further agrees that the Administrative Agent and each Lender may conclusively rely on the foregoing authorization. 

The Designated Borrower represents and warrants to the Administrative Agent and each Lender the following: 

(a)    Corporate Existence. The Designated Borrower is an entity duly organized and validly existing
under the laws of its jurisdiction of formation. 
 (b)    Corporate Authorization, Etc. The
performance of its obligations under the Credit Agreement and the execution, delivery and performance by the Designated Borrower of this Designation Letter and any Note executed by the Designated Borrower

  
 F-1 

 
are within the Designated Borrower’s corporate powers, have been duly authorized by all necessary corporate action and do not contravene (i) the Designated Borrower’s charter
documents of (ii) any law or contractual restriction binding on or affecting the Designated Borrower. 

(c)    No Approvals. No authorization, approval or action by, and no notice to or filing with, any
governmental authority or regulatory body is required for the due execution, delivery and performance by the Designated Borrower’s of this Designation Letter and any Note executed by the Designated Borrower or the performance of its obligations
under the Credit Agreement. 
 (d)    Enforceability. Each of the Credit Agreement and this
Designation Letter is and, upon issuance and delivery thereof in accordance with the Credit Agreement, each Note executed by the Designated Borrower will be the legal, valid and binding obligations of the Designated Borrower, enforceable against the
Designated Borrower in accordance with their respective terms. 
 (e)    Investment Company. The
Designated Borrower is not an “investment company” within the meaning of the Investment Company Act of 1940, as amended. 

(f)    No Defaults. The Designated Borrower is not in default under or with respect to any
agreement, instrument or undertaking to which it is a party or by which it or any of its property is bound in any respect which could reasonably be expected to result in a Material Adverse Effect. 

(g)    Use of Proceeds, Etc. All proceeds of each Advance made to the Designated Borrower will be
used by it only in accordance with the provisions of Section 2.12 of the Credit Agreement. It is not, nor will be, engaged in the business of extending credit for the purpose of buying or carrying Margin Stock and no proceeds of any Advance
will be used by it to extend credit to others for the purpose of buying or carrying any Margin Stock. Neither the making of any Advance to the Designated Borrower nor the use of the proceeds thereof will violate or be inconsistent with the
provisions of Regulations U or X issued by the Board of Governors of the Federal Reserve System. 

[(h)    The information included in the Beneficial Ownership Certification provided by the Designated
Borrower to any Lender pursuant to the provisions of the Credit Agreement is true and correct in all respects as of the date hereof.] 
 The
Designated Borrower agrees that the address set forth below its name on its signature page hereto shall be its “Address for Notices” for all purposes of the Credit Agreement (including Section 8.13 thereof). The Designated Borrower
acknowledges its receipt of the notice of each Lender, provided pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), set forth in
Section 8.15 of the Credit Agreement. 
 To the extent that the Designated Borrower or any of its Property has or hereafter may
acquire, in any jurisdiction in which judicial proceedings may at any time be commenced 

  
 F-2 

 
with respect to the Credit Agreement or any other Loan Document, any immunity from jurisdiction, legal proceedings, attachment (whether before or after judgment), execution, judgment or set-off, the Designated Borrower hereby irrevocably agrees not to claim and hereby irrevocably waives such immunity. 
  

	
	STANLEY BLACK & DECKER, INC.
	
	By                                      
                          
	     Name:
	     Title:
	
	By                                      
                          
	     Name:
	     Title:
	
	[NAME OF DESIGNATED BORROWER]
	
	By                                      
                          
	     Name:
	     Title:

 
			
	
	 Address for Notices:

	 [_________________]

	 [_________________]

	 [_________________]

	
	 Attention: [____________]

	 Telecopier: [____________]

	 Telephone: [____________]

 ACCEPTED AND AGREED: 

CITIBANK, N.A., 
   as Administrative Agent 

 

	
	By                                      
                          
	     Name:
	     Title:

  
 F-3 

 EXHIBIT G 

FORM OF TERMINATION LETTER 

[Date] 
 To Citibank, N.A., 

  as Administrative Agent 
 Building Ops II, One Penns
Way 
 New Castle, DE 19720 
 Attn: Bank Loan Syndications 

Ladies and Gentlemen: 
 We make reference to the
$1,000,000,000 364-Day Credit Agreement dated as of September 9, 2020 (the “Credit Agreement”) among Stanley Black & Decker, Inc. (the “Company”), certain
Designated Borrowers (if any), the Lenders party thereto and Citibank, N.A., as Administrative Agent. Terms defined in the Credit Agreement are used herein as defined therein. 

The Company hereby terminates the status as a Designated Borrower of [_________________], a corporation incorporated under the laws of
[_______________], in accordance with Section 2.14 of the Credit Agreement, effective as of the date of receipt of this notice by the Administrative Agent. The undersigned hereby represents and warrants that all principal and interest on any
Advance of the above-referenced Designated Borrower and all other amounts payable by such Designated Borrower pursuant to the Credit Agreement have been paid in full on or prior to the date hereof. Notwithstanding the foregoing, this Termination
Letter shall not affect any obligation which by the terms of the Credit Agreement survives termination thereof. 
  

	
	STANLEY BLACK & DECKER, INC.
	
	By                                      
                          
	     Name:
	     Title:
	
	By                                      
                          
	     Name:
	     Title:

  
 G-1

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