Document:

Exhibit

Exhibit 10.9

Dated ___ February 2017

LIVANOVA PLC

ALISTAIR SIMPSON

SERVICE AGREEMENT

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THIS AGREEMENT is made on __ _________ 2017 (the “Commencement Date”)
BETWEEN
(1)    LIVANOVA PLC, a company registered in England with registered number 09451374 and having its registered office at 20 Eastbourne Terrace, W2 6LG London  (the “Company”); and

(2)    ALISTAIR SIMPSON, residing in ____________________________(the “Executive”).
BACKGROUND
The Company wishes to employ the Executive as General Manager, Cardiac Surgery on the terms and conditions of this Agreement and the Executive wishes to accept such employment.
IT IS AGREED as follows:
		
	1.
	DEFINITIONS AND INTERPRETATION

		
	1.1
	Definitions

In this Agreement, unless the context otherwise requires:
	
		
	“Basic Salary”
	means the salary, as specified in Clause 6.1.1 or, as appropriate, the reviewed annual salary from time to time;

	“Board”
	means the Board of directors of the Company from time to time or any duly authorised committee thereof, or where the relevant powers have been reserved to the Company’s members, its members from time to time;

	“Compensation Committee”
	means the compensation committee appointed by the Board;

	“Confidential Information”
	means all information which is identified or treated by the Company or any Group Company or any of the Group’s clients or customers as confidential or which by reason of its character or the circumstances or manner of its disclosure is evidently confidential including (without prejudice to the foregoing generality) any information about the personal affairs of any of the directors (or their families) of the Company or any Group Company, business plans, proposals relating to the acquisition or disposal of a company or business or proposed expansion or contraction of activities, maturing new business opportunities, research and development projects, designs, secret processes, trade secrets, product or services development and formulae, know-how, inventions, sales statistics and forecasts, marketing strategies and plans, costs, profit and loss and other financial information (save to the extent published in audited accounts), prices and discount structures and the names, addresses and contact and other details of: (a) employees and their terms of employment; (b) customers and potential customers, their requirements and their terms of business with the Company/Group; and (c) suppliers and potential suppliers and their terms of business (all whether or not recorded in writing or in electronic or other format);

	“Employment”
	means the employment of the Executive under this Agreement or, as the context requires, the duration of that employment;

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	“Group”
	means together or separately the Company, any holding company of the Company and any subsidiaries and subsidiary undertakings of the Company or any such holding company (and the words “subsidiary” and “holding company” shall have the meanings given to them in section 1159 of the Companies Act 2006 and “subsidiary undertaking” shall have the meaning given in section 1162 of the Companies Act 2006) from time to time;

	“Group Company”
	means any company within the Group;

	“Health Care Scheme”
	means the medical expenses insurance, permanent health insurance (“PHI”), critical illness insurance or other healthcare or disability scheme(s) or arrangement(s) as may be provided or introduced from time to time by the Company (at the Company’s discretion) for the benefit of executives in the Group;

	“Intellectual Property Rights”
	means any and all existing and future intellectual or industrial property rights in and to any Works (whether registered or unregistered), including all existing and future patents, copyrights, design rights, database rights, trade marks, semiconductor topography rights, plant varieties rights, internet rights/domain names, know-how and any and all applications for any of the foregoing and any and all rights to apply for any of the foregoing in and to any Works;

	“Minority Holder”
	means a person who either solely or jointly holds (directly or through nominees) any shares or loan capital in any company whose shares are listed or dealt in on a recognised investment exchange (as that term is defined by section 285 Financial Services and Markets Act 2000) provided that such holding does not, when aggregated with any shares or loan capital held by the Executive’s partner and/or his or his partner’s children under the age of 18, exceed 3% of the shares or loan capital of the class concerned for the time being issued;

	“Share Incentives”
	means any options or other rights that the Executive may have to purchase, hold or otherwise acquire shares or rights in respect of or relating to shares in the Company or a Group Company;

	“Termination Date”
	means the date of termination of the Employment;

	“Works”
	means any documents, materials, models, designs, drawings, processes, inventions, formulae, computer coding, methodologies, know-how, Confidential Information or other work, performed made, created, devised, developed or discovered by the Executive in the course of the Employment (and whether or not made or discovered in the course of the Employment) either alone or with any other person in connection with or in any way affecting or relating to the business of the Company or any Group Company or capable of being used or adapted for use therein or in connection therewith.

		
	1.2
	Interpretation and Construction

Save to the extent that the context or the express provisions of this Agreement require otherwise, in this Agreement:
		
	(a)
	words importing the singular shall include the plural and vice versa;

		
	(b)
	words importing any gender shall include all other genders;

		
	(c)
	words importing the whole shall be treated as including reference to any part of the whole;

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	(d)
	any reference to a Clause, the Schedule or part of the Schedule is to the relevant Clause, Schedule or part of the Schedule of or to this Agreement unless otherwise specified;

		
	(e)
	reference to this Agreement or to any other document is a reference to this Agreement or to that other document as modified, amended, varied, supplemented, assigned, novated or replaced from time to time;

		
	(f)
	reference to a provision of law is a reference to that provision as extended, applied, amended, consolidated or re-enacted or as the application thereof is modified from time to time and shall be construed as including reference to any order, instrument, regulation or other subordinate legislation from time to time made under it;

		
	(g)
	references to a “person” includes any individual, firm, company, corporation, body corporate, government, state or agency of state, trust or foundation, or any association, partnership or unincorporated body (whether or not having separate legal personality) or two or more of the foregoing;

		
	(h)
	general words shall not be given a restrictive meaning because they are followed by words which are particular examples of the acts, matters or things covered by the general words and “including”, “include” and “in particular” shall be construed without limitation; and

		
	(i)
	the meaning of any words coming after “other” or “otherwise” shall not be constrained by the meaning of any words coming before “other” or “otherwise where a wider construction is possible.

		
	1.3
	Headings

The table of contents and the headings in this Agreement are included for convenience only and shall be ignored in construing this Agreement.
		
	2.
	THE EMPLOYMENT

		
	2.1
	Appointment

Subject to the provisions of this Agreement, the Company employs the Executive and the Executive accepts employment as General Manager, Cardiac Surgery of the Company. 
The starting date of this agreement is __________________, subject to the obtainment of the necessary work permit and visa according to the UK immigration legislation.

		
	2.2
	Work Permits and warranty

		
	2.2.1
	The Executive warrants to the Company that by virtue of entering into this Agreement he will not be in breach of any express or implied obligation to any third party, including any restrictive covenants.

		
	2.2.2
	This employment contract is executed under the condition that the employee obtains all legally required immigration documents, including the residence permit and work permit/visa.

		
	2.2.3
	As from the commencement of this employment contract, and therefore after receiving all necessary immigration documents, the Executive warrants that he will notify the Company in advance of any possible change to his immigration status, as soon as he becomes aware of any 

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circumstances that might give rise to such change. Should the Company discover that the Executive does not have permission to live and work anymore in the United Kingdom or if any such permission is revoked, the Company reserves the right to terminate the Employment immediately and without notice or pay in lieu of notice and without referring to the warning stages of the Company’s disciplinary procedure. 

		
	3.
	DURATION OF THE EMPLOYMENT

		
	3.1
	Continuous Employment 

		
	3.1.1
	The Executive’s continuous period of employment with the Company commenced on the Effective Date.

		
	3.1.2
	No employment with any previous employer shall count as part of the Executive’s continuous period of employment.

		
	3.2
	Duration and Notice 

Subject to the provisions of Clauses 3.3 and 17.1, the Employment shall continue unless and until terminated at any time by:
		
	(a)
	the Company, which must give to the Executive not less than six months’ prior written notice of termination of the Employment; or

		
	(b)
	the Executive, who must give to the Company not less than six months’ prior written notice of termination of the Employment.

		
	3.3
	Payment in lieu of notice

		
	3.3.1
	The Company shall be entitled, at its sole discretion, to terminate the Employment immediately at any time by giving the Executive notice in writing.  In these circumstances, subject to the terms of Clause 3.3.2, the Company will subsequently make a payment to the Executive in lieu of notice, calculated in accordance with the provisions of Clauses 3.3.3 and 3.3.4 (the payment being referred to as a “Notice Payment”).

		
	3.3.2
	For the avoidance of doubt, the Company is not obliged to make a Notice Payment.  If the Company shall decide not to make a Notice Payment, the Executive shall not be entitled to enforce that payment as a contractual debt nor as liquidated damages.

		
	3.3.3
	The Notice Payment will be paid less all deductions that are required or permitted by law to be made including in respect of income tax, national insurance contributions and any sums due to the Company or any Group Company.

		
	3.3.4
	Subject to the terms of Clause 3.4, the Notice Payment will consist of a sum equivalent to the Basic Salary which the Executive would have received in respect of any notice period outstanding on the Termination Date, but will exclude any bonus, commission share of profit, pension contributions and any other benefits (including any benefits derived from any Share Incentives) that he would have received or would have accrued to him during that period.

		
	3.3.5
	The Notice Payment is in full and final settlement of all and any rights and claims that the Executive may have against the Company arising out of the termination of his employment (including both contractual and statutory employment claims).  The Executive agrees to waive, release and discharge any and all such rights and claims and acknowledges that it is a condition of the payment of the Notice Payment that he will execute a settlement agreement (and any other 

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documents reasonably required by the Company) in a form reasonably acceptable to the Company in order to give effect to the release and waiver in this Clause 3.3.
		
	3.4
	Payment in instalments

		
	3.4.1
	The Company may, at its sole discretion and subject to the terms of Clause 3.4.2, pay the Notice Payment in equal monthly instalments over a period of six months (the “Instalment Period”), the first instalment payable at the end of the month in which the Termination Date occurs.

		
	3.4.2
	If the Executive commences alternative employment during the Instalment Period then the gross instalments of Notice Payment payable after that date will be reduced by a sum equal to the gross amount of the Executive’s income from the alternative employment.  

		
	3.4.3
	If the Executive obtains alternative employment that is to commence during the Instalment Period he will immediately advise the Company of that fact and of his gross monthly salary from that employment.  If the Executive fails to comply with this obligation, then from the date the Executive commences alternative employment, the Executive shall have no further entitlement to any payment of Notice Payment.  

		
	4.
	HOURS AND PLACE OF WORK

		
	4.1
	Hours of work

The Executive agrees that he shall work normal business hours together with such additional hours as are necessary for the proper performance of his duties. No payment will be made for any additional hours worked by the Executive.
		
	4.2
	Working Time Regulations

		
	4.2.1
	The Executive has autonomous decision making powers. The duration of his working time is not measured or predetermined. 

		
	4.3
	Place of work

		
	4.3.1
	The Executive’s place of work will initially be at the Company’s offices at 20 Eastbourne Terrace, W2 6LG London but the Company may require the Executive to work at any other location within or outside the UK for such periods as the Company may from time to time require. The Executive will be given reasonable notice of any change in his permanent place of work.

		
	4.3.2
	The Executive will not be required to be absent from the United Kingdom for a period exceeding one month at any one time.

		
	5.
	SCOPE OF THE EMPLOYMENT

		
	5.1
	Duties of the Executive

During the Employment the Executive shall:
		
	(a)
	undertake and carry out to the best of his ability such duties and exercise such powers in relation to the Group’s business as may from time to time be assigned to or vested in him, including where those duties require the Executive to work for any Group Company;

		
	(b)
	in the discharge of those duties and the exercise of those powers observe and comply with all lawful resolutions, regulations and directions from time to time made by, or under the authority of, the Board and promptly upon request, give a full account to the Chief Executive Officer of all matters with which he is involved. He will provide the information in writing if requested;

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	(c)
	comply with the Articles of Association (as amended from time to time) of any Group Company of which he is a director;

		
	(d)
	do, or refrain from doing, such things as are necessary or expedient to ensure compliance by himself and any Group Company with applicable law and regulations;

		
	(e)
	ensure compliance with the UK Corporate Governance Code, as applicable from time to time;

		
	(f)
	act in accordance with all statutory, fiduciary and common law duties that he owes to the Company and any Group Company;

		
	(g)
	refrain from doing anything which would cause him to be disqualified from acting as a director;

		
	(h)
	do, or refrain from doing, such things as are necessary or expedient to ensure compliance by himself and any Group Company with applicable law and regulations and all other regulatory authorities relevant to any Group Company and any codes of practice issued by any Group Company (as amended from time to time);

		
	(i)
	unless prevented by ill-health, holidays or other unavoidable cause, devote the whole of his working time, attention and skill to the discharge of his duties under this Agreement; 

		
	(j)
	faithfully and diligently perform his duties and at all times use his best endeavours to promote and protect the interests of the Group; 

		
	(k)
	promptly disclose to the Company full details of any wrongdoing by the Executive or any other employee of any Group Company where that wrongdoing is material to that employee’s employment by the relevant company or to the interests or reputation of any Group Company;

		
	(l)
	not incur on behalf of the Company or any Group Company any capital expenditure in excess of such sum as may be authorised from time to time by resolution of the Board; and

		
	(m)
	not enter into on behalf of the Company or any Group Company any commitment, contract or arrangement which is otherwise than in the normal course of the Company's or the relevant Group Company's business or is outside the scope of his normal duties or authorisations or is of an unusual or onerous or long-term nature. 

		
	5.2
	Directorships and Directors and Officers insurance

The Executive may be required to act as a director of a Group Company (either executive or non-executive) as the Board requires from time to time. The Company reserves the right on giving written notice to the Executive to terminate any office of directorship immediately at any time.
		
	5.3
	Right to suspend duties and powers 

		
	5.3.1
	The Company reserves the right in its absolute discretion to suspend all or any of the Executive’s duties and powers on terms it considers expedient or to require him to perform only such duties, specific projects or tasks as are assigned to him expressly by the Company (including the duties of another position of equivalent status) in any case for such period or periods and at such place or places (including, without limitation, the Executive’s home) as the Company in its absolute discretion deems necessary (the “Garden Leave”).  During any period of Garden Leave the terms and conditions set out in this Agreement shall continue to apply to the Executive.

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	5.3.2
	The Company may, at its sole discretion, require that during the Garden Leave the Executive shall not:

		
	(a)
	enter or attend the premises of the Company or any Group Company;

		
	(b)
	contact or have any communication with any client or prospective client or supplier of the Company or any Group Company in relation to the business of the Company or any Group Company;

		
	(c)
	contact or have any communication with any employee, officer, director, agent or consultant of the Company or any Group Company in relation to the business of the Company or any Group Company; 

		
	(d)
	remain or become involved in any aspect of the business of the Company or any Group Company except as required by such companies; or

		
	(e)
	work either on his own account or on behalf of any other person.

		
	5.3.3
	During Garden Leave, the Executive will continue to receive his Basic Salary and benefits but will not accrue any bonus, commission or share of profit. 

		
	5.3.4
	For the avoidance of doubt, the Company may exercise its powers under this Clause 5.3 at any time during the Employment on a condition that notice of termination has been given by either party. 

		
	6.
	REMUNERATION

		
	6.1
	Basic Salary

		
	6.1.1
	During the Employment the Company shall pay the Executive a Basic Salary of not less than £280,000 per annum.  The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the last day of each calendar month or otherwise as arranged from time to time.

		
	6.1.2
	The Basic Salary shall be inclusive of all directors’ fees (if any) to which the Executive may become entitled including all remuneration and director’s fees in respect of services rendered by the Executive to any Group Company.

		
	6.2
	Salary review

The Basic Salary shall be reviewed annually; however, the Company is not obliged to increase the Basic Salary at any review.
		
	6.3
	Discretionary bonus

		
	6.3.1
	The Company may, at its sole discretion, pay the Executive a bonus in respect of each financial year of the Company (the “Bonus”).  The Executive’s target bonus is a sum equal to 40% of his Basic Salary for that financial year. The terms and amount of this bonus (and whether it is paid in cash or in other forms, such as shares or share options) will be approved from time to time and notified to the Executive by the Company, or if applicable to the Executive, the Compensation Committee, in its sole discretion.

		
	6.3.2
	The actual amount of any Bonus payable will be determined by reference to the achievement of performance objectives, which may include both Company and personal performance objectives. The Compensation Committee, if applicable to the Executive, will determine appropriate Company performance targets at the beginning of each financial year. The Bonus will be paid 

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by the Company after receipt by it of the audited financial statements of the Company for the financial year in question. 
		
	6.3.3
	The Bonus will only be paid if the Executive is in Employment (and has not received or served notice of termination of employment) at the date the Bonus is due for payment. Upon the termination of the Executive’s employment or (if earlier) upon either party giving notice under Clause 3 or the Company exercising its rights under Clause 17, the Executive will have no rights as a result of this Agreement or any alleged breach of it to any compensation under or in respect of any Bonus. For the avoidance of doubt, the Bonus will not accrue, nor will the Executive have any legitimate expectation as to the size or form of the Bonus, until the Company pays it to him. There are no circumstances whether in reliance on express or implied terms or otherwise where the Executive can require pay out of a particular sum or payment in a particular form or claim compensation for loss of such a Bonus.

		
	6.4
	Signing bonus

The Company shall pay the Executive a signing bonus of £170,000 gross, subject to withholding taxes and national insurance contribution, and the payment of it will be made together with the first salary payment of the Employee within the Company.
		
	6.5
	Corporate Governance

All payments and/or benefits payable to the Executive are subject to and conditional upon: (i) the terms of applicable law, regulation and governance codes that regulate or govern executive pay from time to time; and (ii) the consent of the shareholders of the Company, as appropriate as determined by the Board (together “Remuneration Governance”).  The Company reserves the right to amend, reduce, hold back, defer, claw back and alter the structure of any payments and benefits payable to the Executive in order to comply with Remuneration Governance.
		
	7.
	EXPENSES

		
	7.1
	Out-of-pocket expenses

The Company shall reimburse to the Executive (against receipts or other appropriate evidence as the Company may require) the amount of all out-of-pocket expenses reasonably and properly incurred by him in the proper discharge of his duties hereunder to the extent that such expenses are incurred in accordance with the Company’s business expenses policy from time to time.
		
	7.2
	Company credit/charge cards

In the event that the Company issues a Company sponsored credit or charge card to the Executive he shall use such card only for expenses reimbursable under Clause 7.1 and shall return it to the Company when so requested and in any event immediately on termination of the Employment howsoever arising.
		
	8.
	DEDUCTIONS

The Executive agrees that the Company may deduct from any sums due to him under this Agreement any sums due by him to the Company including, without limitation, any debits to his Company credit or charge card not authorised by the Company, the Executive’s pension contributions (if any), any overpayments, loans or advances made to him by the Company, the cost of repairing any damage or loss to the Company’s property caused by him and any losses suffered by the Company as a result of any negligence or breach of duty by the Executive.
		
	9.
	ALLOWANCES

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	9.1
	School Allowance

Commencing 1st August 2017 (the “School Date”), the Company will provide the Executive with a monthly allowance toward Executive’s incremental costs for school tuition for the Executive’s daughter in the amount of £4.167 (the “School Allowance”), subject to the deduction of tax and National Insurance contributions.  The School Allowance shall decrease by 20% (up to £3.333) on the first anniversary of the School Date, and Executive’s entitlement to the School Allowance shall end as of 31 July 2019. 
		
	9.2
	Company car

The Executive will be entitled to receive a Company leased-car corresponding to his level in accordance to the Company Car Policy.  Alternatively, the Executive may choose to receive a cash allowance of £1100 per month, subject to normal tax withholdings, in lieu of a Company vehicle.  This amount is also subject to company car policy changes.
		
	10.
	PENSION SCHEME

		
	10.1
	The Scheme

		
	10.1.1
	The Executive is eligible to join the Company’s pension scheme (the “Scheme”), subject to its rules in force from time to time. Details of the Scheme are available from the Company. Pursuant to the Scheme, the Company will make an annual contribution to the Scheme in respect of the Executive equal to 15% of the Executive’s monthly gross salary and bonus payments, excluding other payments such as the car allowance. The contribution shall be paid to the Scheme at such time or times during the year as the Company shall decide at its discretion. 

		
	10.1.2
	When the Company becomes subject to the employer duties in the Pensions Act 2008, the Company reserves the right to amend the Executive’s pension arrangements in place in its absolute discretion. The Company will inform the Executive of any changes to his pension arrangements at that time. 

		
	10.1.3
	A copy of the current explanatory booklet giving details of the Scheme is available from the HR department. 

		
	10.1.4
	The Scheme is not a contracted-out scheme for the purposes of the Pension Schemes Act 1993.  

		
	10.2
	Company’s right to amend and terminate

		
	10.2.1
	The Company may at any time terminate the Scheme or the Executive’s membership of it subject to providing him with membership of an equivalent pension scheme.

		
	11.
	OTHER INSURANCE & BENEFITS

		
	11.1
	Health Care Scheme

Without prejudice to the terms of Clauses 3 and 17, the Executive (and his spouse and children up to the age of 18 in respect of private medical insurance) shall be entitled during the Employment, to participate in any Health Care Scheme subject to the following terms and conditions:
		
	(a)
	the Executive’s (and his family’s participation as applicable) is subject to the Company’s rules regarding eligibility and the rules, terms and conditions of the relevant Scheme, both in force from time to time, copies of which shall be available from Human Resources;  

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	(b)
	the Company reserves the right to terminate the Executive’s (or his family’s, as applicable) or the Company’s participation in any of the Schemes, substitute a new scheme for an existing Scheme and/or alter the level or type of benefits available under any Scheme;  

		
	(c)
	if a scheme provider (e.g. an insurance company or pensions provider) refuses for any reason (whether under its own interpretation of the rules, terms and conditions of the relevant insurance policy or otherwise) to accept a claim and/or provide the relevant benefit(s) to the Executive (or his family) under the applicable Scheme, the Company shall not be liable to provide (or compensate the Executive for the loss of) such benefit(s) nor shall it be obliged to take action against the provider to enforce any rights under the Scheme; 

		
	(d)
	the fact that the termination of the Employment under Clauses 3 and 17 may result in the Executive or his family ceasing to be eligible to receive or continue to receive benefits under any Scheme does not remove the Company’s right to terminate the Employment; and

		
	(e)
	the Executive’s acceptance of such variations to his terms and conditions of employment as may from time to time be required by the Company.

		
	11.2
	Payments 

		
	11.2.1
	All payments under the Schemes will be subject to the deductions required by law.

		
	11.2.2
	Where payments are made under a PHI scheme or critical illness scheme, all other payments or benefits provided to or in respect of the Executive will cease from the start of those payments (if they have not done so already), unless the Company is fully reimbursed by the relevant insurance provider for the cost of providing the benefit. 

		
	11.3
	Medical examinations

At any reasonable time during the Employment the Company may require the Executive to undergo a medical examination by a medical practitioner appointed by the Company and at the Company’s expense. The Executive will consent to such examination and to the results being made available to the Company.
		
	12.
	RELOCATION PACKAGE

		
	12.1
	Relocation allowance 

A one-time “Relocation Allowance” of 30,000 GBP gross (15,000 GBP + 15,000 GBP in compensation of not using the shipment of household goods assistance), subject to taxes and National Insurance contribution, will be provided to the Employee to cover miscellaneous relocation expenses not covered elsewhere in the policy. 
The Executive is encouraged to retain receipts for relocation expenses to reduce their taxability at filing time. 
		
	12.2
	Pre-departure Visits 

In addition to the Relocation Allowance, the Company will reimburse the Employee and his spouse for reasonable expenses related to a visit the new United Kingdom once to secure housing, schooling, and become acquainted with the new living environment.  All travel should be booked and expensed per the Company’s corporate travel and expense guidelines. 

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	12.3
	Two Years of Tax Assistance

In addition to the Relocation Allowance, the Company will provide the Executive with tax consultation through a professional tax services firm prior to relocation and after arrival in the United Kingdom for a period of two tax years.  The intent of this consultation is to explain tax implications resulting from localization and to review the Executive’s expected tax responsibilities associated with it.  The Company will appoint a Tax Consultant to support the Executive on tax compliance in the UK and in the United States, if desired, for the first two tax years following the Commencement Date.
		
	12.4
	Immigration Support

In addition to the Relocation Allowance, the Company will provide immigration assistance to the Executive through an immigration vendor and will cover the cost of obtaining required entry and work documentation for the Executive, as well as required entry documentation for the Executive’s approved accompanying family members prior to relocation.  This includes passports and any required medical exams or other documentation required by immigration authorities. 
The Executive is responsible for maintaining valid immigration and travel documents going forward. 
		
	12.5
	Travel to the new employment country (the United Kingdom)

In addition to the Relocation Allowance, the Company will provide the Executive and his accompanying dependents with travel to the United Kingdom for purposes of relocation according to the Company’s corporate travel guidelines.  
		
	12.6
	Temporary Living

In addition to the Relocation Allowance, the Company will support temporary living expenses for a total of 60 cumulative days in the home and/or new employment country while the Executive and the Executive’s family are in between permanent housing. Hotel accommodation is provided. Temporary living expenses are covered in accordance with The Company’s travel and expense guidelines.
		
	12.7
	Housing

In addition to the Relocation Allowance, the Company agrees to provide relocation assistance to the Executive, including assistance with the sale of the Executive’s principal residence at 1821 La Colina Drive, Santa Ana, California 92705, pursuant to the terms of the Managed Executive Plan provided by the Company’s vendor, Orion Mobility; packing, shipping to the United Kingdom and unpacking Executive’s household possessions at the Company’s expense; and reimbursement of expenses incurred in connection with the purchase of a principal residence in the United Kingdom.  If the Executive is compelled to pay income taxes on any of the foregoing relocation benefits provided by the Company, the Company will pay to the Executive such additional amounts as are necessary to ensure receipt by the Executive of the full amount that the Executive would have received but for the income taxes payable by the Executive or by the Company on his behalf. 

		
	13.
	HOLIDAYS

		
	13.1
	The holiday year

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The Company’s holiday year runs from 1st January to 31st December.  Holidays can only be taken with the prior permission of the Chief Executive Officer of the Company.
		
	13.2
	Annual entitlement

		
	13.2.1
	The Executive’s annual entitlement to paid holidays is to those public or customary holidays recognised by the Company in any holiday year of which there are eight in total and in addition 24 contractual days holiday. In addition, the Executive shall be entitled to one additional day of holiday per year of continuous service (assessed as at 1st January each year) up to a maximum of five additional days.

		
	13.2.2
	Entitlement to contractual holidays is accrued pro rata throughout the holiday year. The Executive will be entitled to take public and customary holidays on the days that they are recognised by the Company during the holiday year. 

		
	13.2.3
	The Executive is not entitled to carry any unused holiday entitlement forward to the next holiday year without the permission of the Company.

		
	13.3
	Holiday entitlement on termination

		
	13.3.1
	Upon notice of termination of the Employment being served by either party, the Company may require the Executive to take any unused holidays accrued in the holiday year in which the termination takes place at that time during any notice period.  Alternatively, the Company may, at its discretion, on termination of the Employment, make a payment in lieu of accrued contractual holiday entitlement.  

		
	13.3.2
	The Executive will be required to make a payment to the Company in respect of any holidays taken in excess of his holiday entitlement accrued at the Termination Date.  Any sums so due may be deducted from any money owing to the Executive by the Company.

		
	14.
	ABSENCE 

		
	14.1
	Absence due to sickness or injury

		
	14.1.1
	If the Executive is absent from work due to sickness or injury he shall:

		
	(a)
	immediately inform the Company of his sickness or injury; and

		
	(b)
	In respect of absence due to sickness, injury or accident that continues for more than 7 consecutive days (including weekends) the Executive must provide the Company with a note of fitness to work stating the reason for the absence.  Thereafter notes of fitness to work must be provided to the Company to cover the remainder of the period of continuing sickness absence.  

		
	14.1.2
	Failure to follow the requirements referred to in Clause 13.1.1 may result in disciplinary action and loss of Statutory Sick Pay and/or Company Sick Pay pursuant to Clause 13.2.

		
	14.2
	Payment of salary during absence 

		
	14.2.1
	Subject to the Executive complying with the terms of Clause 13.1.1, the Company may, at its sole discretion, continue to pay Basic Salary during any period of absence due to sickness or injury for up to a maximum of three months in any period of twelve consecutive months  (the twelve-month period being referred to as the “Entitlement Period”) unless the Employment is terminated in terms of Clauses 3 or 17.  The first Entitlement Period will begin on the first day of absence and any subsequent Entitlement Period will start on the first day of any absence occurring outside an enduring Entitlement Period.

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SV\1600310.5

		
	14.2.2
	Payment of the Basic Salary in terms of Clause 13.2.1 shall be made less: 

		
	(a)
	an amount equivalent to any Statutory Sick Pay payable to the Executive;

		
	(b)
	any sums which may be received by the Executive under any insurance policy effected by the Company; and

		
	(c)
	any other benefits or sums which the Executive receives, such as under a PHI or other insurance scheme, in terms of the Employment or under any relevant legislation.

		
	14.3
	Absence caused by third party negligence

If the Executive’s absence is caused by the negligence of a third party in respect of which damages are recoverable, then all sums paid by the Company during the period of absence in terms of Clause 13.2 shall constitute loans to the Executive who shall:
		
	(a)
	notify the Company immediately of all the relevant circumstances and of any claim, compromise, settlement or judgment made or awarded; and

		
	(b)
	if the Company so requires, refund to it an amount determined by the Company, not exceeding the lesser of:

		
	(i)
	the amount of damages recovered by him in respect of loss of earnings during the period of absence under any compromise, settlement or judgment; and

		
	(ii)
	the sums advanced to him by the Company in respect of the period of incapacity.

		
	15.
	RESTRICTIONS DURING EMPLOYMENT 

		
	15.1
	Disclosure of other interests

The Executive shall disclose to the Company any interest of his own (or that of his partner or of any child of his or of his partner under eighteen years of age):
		
	(a)
	in any trade, business or occupation whatsoever which is in any way similar to any of those in which the Company or any Group Company is involved; and

		
	(b)
	in any trade, business or occupation carried on by any supplier or customer of the Company or any Group Company whether or not such trade, business or occupation is conducted for profit or gain.

		
	15.2
	Restrictions on other activities and interests of the Executive

		
	15.2.1
	During the Employment the Executive shall not at any time, without the prior written consent of the Company, either alone or jointly with any other person, carry on or be directly or indirectly employed, engaged, concerned or interested in any business, prospective business or undertaking other than a Group Company.  Nothing contained in this Clause 14.2.1 shall preclude the Executive from being a Minority Holder unless the holding is in a company that is a direct business competitor of the Company or any Group Company in which case, the Executive shall obtain the prior consent of the Company to the acquisition or variation of such holding.

		
	15.2.2
	If the Executive, with the consent of the Company, accepts any other appointment he must keep the Company accurately informed of the amount of time he spends working under that appointment.

		
	15.3
	Transactions with the Company

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SV\1600310.5

Subject to any regulations issued by the Company, the Executive shall not be entitled to receive or obtain directly or indirectly any discount, rebate, commission or any other form of gift or gratuity (any of these referred to as a “Gratuity”) as a result of the Employment or any sale or purchase of goods or services effected or other business transacted (whether or not by him) by or on behalf of the Company or any Group Company and if he (or any person in which he is interested) obtains any Gratuity he shall account to the Company for the amount received by him (or a due proportion of the amount received by the person having regard to the extent of his interest therein).
		
	15.4
	Dealing in securities

The Executive shall comply with every rule of law (including but not limited to the insider dealing provisions contained in Part V of the Criminal Justice Act 1993), the UK Financial Conduct Authority’s listing rules’ Model Code for transactions in securities by directors of listed companies, certain employees and persons connected with them and every regulation of the Company for the time being in force in relation to dealings in shares or other securities of the Company or any Group Company.  Under Rule 4 of the Model Code, the person to whom notice should be given and from whom acknowledgement must be received before the Executive may deal in securities shall be the Company Secretary of the Company from time to time or such other person as shall be notified to the Executive.  The Executive also acknowledges that under the provisions of the Model Code the Executive must seek to ensure compliance with the Model Code by persons connected with the Executive (within the meaning of section 96B and Schedule 11B of the Financial Services and Markets Act 2000) including, without limitation, the Executive's spouse and dependent children, and by investment managers acting on the Executive’s behalf or on behalf of connected persons. The Executive undertakes to procure that dealings by or on behalf of such persons are in compliance with the Model Code.
		
	15.5
	Compliance with the code on Corporate Governance

The Executive shall comply, if and to the extent that the Board considers appropriate for a company the size of the Company, with the provisions of “The UK Corporate Governance Code” a corporate governance code issued by the Financial Reporting Council (as amended from time to time).
		
	16.
	CONFIDENTIALITY AND COMPANY DOCUMENTS

		
	16.1
	Restrictions on disclosure and use of Confidential Information

The Executive must not either during the Employment (except in the proper performance of his duties) or at any time (without limit) after the Termination Date:
		
	(a)
	divulge or communicate to any person;

		
	(b)
	use for his own purposes or for any purposes other than those of the Company or any Group Company; or

		
	(c)
	through any failure to exercise due care and diligence, cause any unauthorised disclosure of;

any Confidential Information. The Executive must at all times use his best endeavours to prevent publication or disclosure of any Confidential Information.  These restrictions shall cease to apply to any information which shall become available to the public generally otherwise than through the default of the Executive.
		
	16.2
	Protection of Company documents and materials

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All notes, records, lists of customers, suppliers and employees, correspondence, computer and other discs or tapes, data listings, codes, keys and passwords, designs, drawings and other documents or material whatsoever (whether made or created by the Executive or otherwise and in whatever medium or format) relating to the business of the Company or any Group Company or any of its or their clients (and any copies of the same):
		
	(a)
	shall be and remain the property of the Company or the relevant Group Company or client; and

		
	(b)
	shall be handed over by the Executive to the Company or the relevant Group Company or client on demand by the Company and in any event on the termination of the Employment;

provided that following the termination of the Employment, the Executive shall be provided with reasonable access to board minutes and agendas of any Group Company relating to a period during which he was a director of such Group Company that shall nevertheless remain confidential.
		
	17.
	INVENTIONS AND OTHER WORKS

		
	17.1
	Executive to further interests of the Company

The Company and the Executive agree that the Executive may make or create Works during the Employment and agree that in this respect the Executive is obliged to further the interests of the Company and any Group Company.
		
	17.2
	Disclosure and ownership of Works

The Executive must immediately disclose to the Company all Works and all Intellectual Property Rights.  Both the Works and all Intellectual Property Rights will (subject to sections 39 to 43 Patents Act 1977) belong to and be the absolute property of the Company or any other person the Company may nominate.
		
	17.3
	Protection, registration and vesting of Works

The Executive shall immediately on request by the Company (whether during or after the Employment) and at the expense of the Company:
		
	(a)
	apply or join with the Company or any Group Company in applying for any Intellectual Property Rights or other protection or registration (“Protection”) in the United Kingdom and in any other part of the world for, or in relation to, any Works;

		
	(b)
	execute all instruments and do all things necessary for vesting all Intellectual Property Rights or Protection when obtained and all right, title and interest to and in the same absolutely and as sole beneficial owner in the Company or such Group Company or other person as the Company may nominate; and

		
	(c)
	sign and execute any documents and do any acts reasonably required by the Company in connection with any proceedings in respect of any applications and any publication or application for revocation of any Intellectual Property Rights or Protection.

		
	17.4
	Waiver of rights by the Executive

The Executive hereby irrevocably and unconditionally waives all rights under Chapter IV Copyright, Designs and Patents Act 1988 and any other moral rights which he may have in the Works, in whatever part of the world such rights may be enforceable including:

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SV\1600310.5

		
	(a)
	the right conferred by section 77 of that Act to be identified as the author of any such Works; and

		
	(b)
	the right conferred by section 80 of that Act not to have any such Works subjected to derogatory treatment.

		
	17.5
	Power of Attorney

The Executive hereby irrevocably appoints the Company to be his attorney and in his name and on his behalf to execute any such act and to sign all deeds and documents and generally to use his name for the purpose of giving to the Company the full benefit of this Clause. The Executive agrees that, with respect to any third parties, a certificate signed by any duly authorised officer of the Company that any act or deed or document falls within the authority hereby conferred shall be conclusive evidence that this is the case.
		
	17.6
	Statutory rights

Nothing in this Clause 16 shall be construed as restricting the rights of the Executive or the Company under sections 39 to 43 Patents Act 1977.
		
	18.
	TERMINATION

		
	18.1
	Termination events

Notwithstanding any other provision of this Agreement, the Company shall be entitled, but not bound, to terminate the Employment with immediate effect by giving to the Executive notice in writing at any time after the occurrence of any one or more of the following events:
		
	(a)
	if the Executive is guilty of any gross misconduct or behaviour which tends to bring himself or the Company or any Group Company into disrepute; or

		
	(b)
	if the Executive commits any material or persistent breach of this Agreement (in the case of a non-material persistent breach, having been given notice in writing of the breach and a reasonable opportunity to rectify the breach) or fails to comply with any reasonable order or direction of the Company; or

		
	(c)
	if the Executive fails to perform his duties to the reasonable satisfaction of the Company after having been given notice in writing of: (i) the areas of underperformance, and (ii) the improvements in performance that are reasonably required by the Company; and after a reasonable period of time to make the necessary improvements in performance; or 

		
	(d)
	if he becomes insolvent or bankrupt or compounds with or grants a trust deed for the benefit of his creditors; or

		
	(e)
	if his behaviour (whether or not in breach of this Agreement) can reasonably be regarded as materially prejudicial to the interests of the Company or any Group Company, including if he is found guilty of any criminal offence punishable by imprisonment (whether or not such sentence is actually imposed); or

		
	(f)
	if he has an order made against him disqualifying him from acting as a company director; or

		
	(g)
	if he becomes of unsound mind; or

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SV\1600310.5

		
	(h)
	if the Executive is found guilty of a serious breach of the rules or regulations as amended from time to time of the UK Listing Authority (including the Model Code for transactions in securities by directors), or any other regulatory authority relevant to the Company or any Group Company or any code of practice issued by the Company or any Group Company (as amended from time to time); or

		
	(i)
	the expiration of 3 months following notice in writing if the Executive has been prevented by reason of ill health, injury or some other reason beyond his control from performing his duties under this Agreement for a period or periods aggregating at least ninety days in the preceding period of twenty-four consecutive months, provided that if at any time during the period of such notice and before the termination of the Employment the Executive shall provide a medical certificate satisfactory to the Company to the effect that he has fully recovered his physical and/or mental health and that no recurrence of illness or incapacity can reasonably be anticipated, the Company shall withdraw the notice.

		
	18.2
	Company’s right to proceed

While the Company will endeavour to deal fairly with allegations against the Executive, it reserves the right to proceed under Clause 17.1 without prior notice and without holding a hearing or inviting any representations from the Executive.
		
	18.3
	Termination on resignation as director

If the Executive resigns as a director of the Company or any Group Company (otherwise than at the request of the Company), he shall be deemed to have terminated the Employment with effect from the date of his resignation and the Employment shall terminate at that time, unless the Company agrees with the Executive that the Employment should continue, in which case the Employment may be subject to any terms and conditions stipulated by the Company in its absolute discretion.
		
	18.4
	No damages or payment in lieu of notice

In the event of the Employment being terminated pursuant to Clause 17.1 or 17.3, the Executive shall not be entitled to receive any payment in lieu of notice nor make any claim against the Company or any Group Company for damages for loss of office or termination of the Employment.  Regardless of this, the termination shall be without prejudice to the continuing obligations of the Executive under this Agreement.
		
	19.
	EVENTS UPON TERMINATION

		
	19.1
	Obligations upon termination

Immediately upon the termination of the Employment howsoever arising, the Executive shall:
		
	(a)
	deliver to the Company all Works, materials within the scope of Clause 15.2 and all other materials and property including credit or charge cards, mobile telephone, computer equipment, disks and software, passwords, encryption keys or the like, keys, security pass, letters, stationery, documents, files, films, records, reports, plans and papers (in whatever format including electronic) and all copies thereof used in or relating to the business of the Company or the Group which are in the possession of or under the control of the Executive; 

		
	(b)
	resign (without claim for compensation) as a director and from all other offices held by him in the Company or any Group Company or otherwise by virtue of the Employment.  For the avoidance of doubt, such resignations shall be without prejudice to any claims 

17
SV\1600310.5

the Executive may have against the Company or any Group Company arising out of the termination of the Employment; and
		
	(c)
	transfer without payment, to the Company, or as the Company may direct, any shares or other securities held by the Executive as nominee or trustee for the Company or any Group Company;

and should the Executive fail to do so the Company is hereby irrevocably authorised to appoint some person to sign any documents and/or do all things in his name and on his behalf necessary to give effect thereto,

		
	20.
	2RESTRICTIONS AFTER TERMINATION

		
	20.1
	Definitions

Since the Executive is likely to obtain Confidential Information in the course of the Employment and personal knowledge of and influence over suppliers, customers, clients and employees of the Company and Group Companies, the Executive hereby agrees with the Company that in addition to the other terms of this Agreement and without prejudice to the other restrictions imposed upon him by law, he will be bound by the covenants and undertakings contained in Clauses 19.2 to 19.5.  In this Clause 19, unless the context otherwise requires:

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	“Customer”
	means any person to which the Company distributed, sold or supplied Restricted Products or Restricted Services during the Relevant Period and with which, during that period either the Executive, or any employee under the direct or indirect supervision of the Executive, had material dealings in the course of the Employment, but always excluding therefrom, any division, branch or office of such person with which the Executive and/or any such employee had no dealings during that period;

	“Prospective Customer”
	means any person with which the Company had discussions during the Relevant Period regarding the possible distribution, sale or supply of Restricted Products or Restricted Services and with which during such period the Executive, or any employee who was under the direct or indirect supervision of the Executive, had material dealings in the course of the Employment, but always excluding therefrom any division, branch or office of that person with which the Executive and/or any such employee had no dealings during that period;

	“Relevant Period”
	means: (i) where the Employment is continuing, the period of the Employment; and (ii) where the Employment has terminated, the period of twelve months immediately preceding the Termination Date;

	“Restricted Area” 
	means:
(a)    the United Kingdom; and
(b)    any other country in the world where, on the Termination Date, the Company dealt in Restricted Products or Restricted Services;

	“Restricted Employee”
	means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;

	“Restricted Period”
	means the period commencing on the Termination Date and, subject to the terms of Clause 19.4, continuing for twelve months;

	“Restricted Products”
	means any product, device, equipment or machinery researched into, developed, manufactured, supplied, marketed, distributed or sold by the Company and with which the duties of the Executive were materially concerned or for which he was responsible during the Relevant Period, or any products, equipment or machinery of the same type or materially similar to those products, equipment or machinery;

	“Restricted Services”
	means any services (including but not limited to technical and product support, technical advice and customer services) researched into, developed or supplied by the Company and with which the duties of the Executive were materially concerned or for which he was responsible during the Relevant Period, or any services of the same type or materially similar to those services;

	“Supplier”
	means any supplier, agent, distributor or other person who, during the Relevant Period was in the habit of dealing with the Company and with which, during that period, the Executive, or any employee under the direct or indirect supervision of the Executive, had material dealings in the course of the Employment.

		
	20.2
	Restrictive covenants

19
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Both during the Employment and during the Restricted Period, the Executive will not, without the prior written consent of the Company (such consent not to be unreasonably withheld), whether by himself, through his employees or agents or otherwise and whether on his own behalf or on behalf of any person, directly or indirectly:
		
	(a)
	so as to compete with the Company, solicit business from or canvas any Customer or Prospective Customer in respect of Restricted Products or Restricted Services;

		
	(b)
	so as to compete with the Company, accept orders from, act for or have any business dealings with, any Customer or Prospective Customer in respect of Restricted Products or Restricted Services;

		
	(c)
	within the Restricted Area, be employed or engaged or at all interested (except as a Minority Holder) in that part of a business or person which is involved in the business of researching into, developing, manufacturing, distributing, selling, supplying or otherwise dealing with Restricted Products or Restricted Services, if the business or person is or seeks to be in competition with the Company. For the purposes of this sub-Clause, acts done by the Executive outside the Restricted Area shall nonetheless be deemed to be done within the Restricted Area where their primary purpose is to distribute, sell, supply or otherwise deal with Restricted Products or Restricted Services in the Restricted Area;

		
	(d)
	solicit or induce or endeavour to solicit or induce any person who was a Restricted Employee (and with whom the Executive had dealings during the Relevant Period) to cease working for or providing services to the Company, whether or not any such person would thereby commit a breach of contract;

		
	(e)
	employ or otherwise engage any Restricted Employee in the business of researching into, developing, manufacturing, distributing, selling, supplying or otherwise dealing with Restricted Products or Restricted Services if that business is, or seeks to be, in competition with the Company; or

		
	(f)
	solicit or induce or endeavour to solicit or induce any Supplier to cease to deal with the Company and shall not interfere in any way with any relationship between a Supplier and the Company.

		
	20.3
	Application of restrictive covenants to other Group Companies

Clause 19.2 shall also apply as though references to the “Company” in Clauses 19.1 and 19.2 include references to each Group Company in relation to which the Executive has in the course of the Employment or by reason of rendering services to or holding office in such Group Company:
		
	(a)
	acquired knowledge of its products, services, trade secrets or Confidential Information; or

		
	(b)
	had personal dealings with its Customers or Prospective Customers; or

		
	(c)
	supervised directly or indirectly employees having personal dealings with its Customers or Prospective Customers; 

but so that references to the “Company” shall for this purpose be deemed to be references to the relevant Group Company.  The obligations undertaken by the Executive pursuant to this Clause 19.3 shall, with respect to each Group Company, constitute a separate and distinct covenant in favour of and for the benefit of each Group Company and which shall be enforceable either by the particular Group Company or by the Company on behalf of the Group Company and the 

20
SV\1600310.5

invalidity or unenforceability of any such covenant shall not affect the validity or enforceability of the covenants in favour of any other Group Company. 
		
	20.4
	Effect of suspension on Restricted Period

If the Company exercises its right to suspend the Executive’s duties and powers under Clause 5.3 after notice of termination of the Employment has been given, the aggregate of the period of the suspension and the Restricted Period shall not exceed twelve months and if the aggregate of the two periods would exceed twelve months, the Restricted Period shall be reduced accordingly. 
		
	20.5
	Further undertakings

The Executive hereby undertakes to the Company that he will not at any time:
		
	(a)
	during the Employment or after the Termination Date engage in any trade or business or be associated with any person engaged in any trade or business using any trading names used by the Company or any Group Company including the name(s) or incorporating the word(s) “LivaNova”, “Cyberonics” or “Sorin”; 

		
	(b)
	after the Termination Date make any public statement in relation to the Company or any Group Company or any of their officers or employees; or

		
	(c)
	after the Termination Date represent or otherwise indicate any association or connection with the Company or any Group Company or for the purpose of carrying on or retaining any business represent or otherwise indicate any past association with the Company or any Group Company.

		
	20.6
	Severance

The restrictions in this Clause 19 (on which the Executive has had the opportunity to take independent advice, as the Executive hereby acknowledges) are separate and severable restrictions and are considered by the parties to be reasonable in all the circumstances.  It is agreed that if any such restrictions, by themselves, or taken together, shall be adjudged to go beyond what is reasonable in all the circumstances for the protection of the legitimate interests of the Company or a Group Company but would be adjudged reasonable if some part of it were deleted, the relevant restriction or restrictions shall apply with such deletion(s) as may be necessary to make it or them valid and enforceable.
		
	21.
	RECONSTRUCTION AND AMALGAMATIONS

If the Company undergoes any process of reconstruction or amalgamation (whether or not involving the liquidation of the Company) and the Executive is offered employment by the successor or proposed successor to the Company or any Group Companies on terms which as a whole are no less favourable than those under this Agreement whether as to duties, responsibilities, remuneration or otherwise and the Executive does not accept the offer within one month of it being made, then the Executive shall have no claim against the Company or the successor to the Company in respect of termination of this Agreement and the Employment.
		
	22.
	DISCIPLINARY AND GRIEVANCE PROCEDURE

21
SV\1600310.5

		
	22.1
	Disciplinary procedures and grievance procedures 

		
	22.1.1
	Any disciplinary action taken in connection with the Employment will usually be taken in accordance with the Company’s normal disciplinary procedures (which are workplace rules and not contractually binding) a copy of which is available from Human Resources. 

		
	22.1.2
	If the Executive wishes to obtain redress of any grievance relating to the Employment or is dissatisfied with any reprimand, suspension or other disciplinary step taken by the Company, he should follow the procedures set out in the Company’s grievance policy, a copy of which is available from Human Resources. 

		
	23.
	GENERAL

		
	23.1
	Provisions which survive termination

Any provision of this Agreement which is expressed or intended to have effect on, or to continue in force after, the termination of this Agreement shall have such effect, or, as the case may be, continue in force, after such termination.
		
	23.2
	No collective agreements

There are no collective agreements that directly affect the terms and conditions of the Employment.
		
	24.
	DATA PROTECTION AND PRIVACY

		
	24.1
	Data Protection

The Executive acknowledges and agrees that the Company is permitted to hold personal information (including sensitive personal data) about the Executive as part of its personnel and other business records and may use such information in the course of the Company’s or the Group’s business.  The Executive agrees that the Company may disclose such information to third parties in the event that such disclosure is in the Company’s view required for the proper conduct of the Company’s business or that of any Group Company.  This Clause 23.1 applies to information held, used or disclosed in any medium.
		
	24.2
	Privacy

All communications, whether by telephone, email, fax, or any other means, which are transmitted, undertaken or received using the Company’s IT or communications systems (“Company Systems”) or on Company premises will be treated by the Company as work related.  The Company Systems are provided for work use only.  The Company may intercept, record and monitor all communications made by the Executive and his use of the Company Systems, without further notice.  The Executive should not regard any communications or use as being private.
		
	25.
	AMENDMENTS, WAIVERS AND REMEDIES

		
	25.1
	Amendments

No amendment or variation of this Agreement or any of the documents referred to in it (other than an alteration in the Basic Salary) shall be effective unless it is in writing and signed by or on behalf of each of the parties. 
		
	25.2
	Waivers and remedies cumulative

		
	25.2.1
	The rights of each party under this Agreement:

22
SV\1600310.5

		
	(a)
	may be exercised as often as necessary;

		
	(b)
	are cumulative and not exclusive of its rights under the general law; and

		
	(c)
	may be waived only in writing and specifically.

		
	25.2.2
	Delay in exercising or non-exercise of any right is not a waiver of that right.

		
	25.2.3
	Any right of rescission conferred upon the Company by this Agreement shall be in addition to and without prejudice to all other rights and remedies available to it.

		
	26.
	ENTIRE AGREEMENT

		
	26.1.1
	This Agreement and the documents referred to in it constitute the entire agreement and understanding of the parties and supersede and extinguish all previous agreements, promises, assurances, warranties, representations and understandings between the parties, whether written or oral, relating to the subject matter of this Agreement.

		
	26.1.2
	Each party acknowledges that in entering into this Agreement it does not rely on, and shall have no remedies in respect of, any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Agreement.

		
	26.1.3
	Each party agrees that it shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in this Agreement.

		
	26.1.4
	Nothing in this Clause shall limit or exclude any liability for fraud.

		
	27.
	NO OUTSTANDING CLAIMS

The Executive hereby acknowledges that he has no outstanding claims of any kind against the Company or any Group Company (other than in respect of remuneration and expenses due to the date of this Agreement but not yet paid).
		
	28.
	SEVERANCE

If any provision of this Agreement is or becomes illegal, invalid or unenforceable in any jurisdiction, that shall not affect:
		
	(a)
	the legality, validity or enforceability in that jurisdiction of any other provisions of this Agreement; or

		
	(b)
	the legality, validity or enforceability in any other jurisdiction of that or any other provision of this Agreement.

		
	29.
	2NOTICE

		
	29.1
	Notices and deemed receipt

Any notice hereunder shall be given by either party to the other either personally to the Executive or the Company Secretary (as appropriate) or sent in the case of the Company, to its registered office for the time being and, in the case of the Executive, to his address last known to the Company.  Any such notice shall be in writing and shall be given by letter delivered by hand or sent by first class prepaid recorded delivery or registered post or by facsimile transmission.  Any such notice shall be deemed to have been received:
		
	(a)
	if delivered personally, at the time of delivery;

23
SV\1600310.5

		
	(b)
	in the case of pre-paid recorded delivery or registered post, 48 hours from the date of posting; 

		
	(c)
	in the case of registered airmail, five days from the date of posting; and

		
	(d)
	in the case of fax or email, at the time of transmission; 

provided that if deemed receipt occurs before 9am on a business day the notice shall be deemed to have been received at 9am on that day and if deemed receipt occurs after 5pm on a business day, or on a day which is not a business day, the notice shall be deemed to have been received at 9am on the next business day.  For the purpose of this Clause, “business day” means any day which is not a Saturday, a Sunday or a public holiday in the place at or to which the notice is left or sent.
		
	30.
	GOVERNING LAW AND JURISDICTION

		
	30.1
	Governing law

This Agreement is governed by and to be construed in accordance with English law.
		
	30.2
	Jurisdiction

Each party hereby submits to the exclusive jurisdiction of the English courts as regards any claim, dispute or matter arising out of or in connection with this Agreement and its implementation and effect.

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SV\1600310.5

IN WITNESS of which this Agreement has been executed and delivered as a deed on the first date written above.

		
	EXECUTED as a Deed
	_________________________________

		
	by LIVANOVA PLC 
	Elodie Maertens

acting by Elodie Maertens,
HR Director
and a Witness
_________________________________
Witness

		
	Full Name:
	_________________________________

		
	Address:
	_________________________________

_________________________________
_________________________________

EXECUTED as a Deed
		
	By Alistair Simpson 
	_________________________________

in the presence of:

Witness’s
		
	Signature:
	_________________________________

		
	Full Name:
	_________________________________

		
	Address:
	_________________________________

_________________________________
_________________________________

25
SV\1600310.5EX-10.22

 Exhibit 10.22 

EXECUTION VERSION 

AMENDED AND RESTATED CREDIT AGREEMENT 

Among 
 MONRO, INC.,

 Borrower 

CITIZENS BANK, N.A., 

Administrative Agent 

BANK OF AMERICA, N.A., 

JPMORGAN CHASE BANK, N.A., 

AND 
 KEYBANK NATIONAL
ASSOCIATION, 
 Co-Syndication Agents 

BRANCH BANKING & TRUST COMPANY, 

TD BANK, N.A. 
 AND

 WELLS FARGO BANK, NATIONAL ASSOCIATION, 

Co-Documentation Agents 

and 
 THE LENDERS NAMED
HEREIN, 
 Lenders 

SENIOR SECURED CREDIT FACILITY 

CITIZENS BANK, N.A., 

JPMORGAN CHASE BANK, N.A., 

KEYBANC CAPITAL MARKETS, INC. 

AND 
 MERRILL LYNCH,
PIERCE, FENNER & SMITH, INC. 
 Joint Lead Arrangers and Bookrunners 

APRIL 25, 2019 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 SECTION 1.
	 	 DEFINITIONS AND TERMS
	  	 	2	 
	 1.1
	 	 Definitions. As used in the Loan Papers:
	  	 	2	 
	 1.2
	 	 Number and Gender of Words
	  	 	23	 
	 1.3
	 	 Accounting Principles
	  	 	23	 
	 SECTION 2.
	 	 COMMITMENT
	  	 	24	 
	 2.1
	 	 The Facility
	  	 	24	 
	 2.2
	 	 Borrowing Procedure
	  	 	24	 
	 2.3
	 	 LC Subfacility
	  	 	25	 
	 2.4
	 	 Swing Line Subfacility
	  	 	28	 
	 2.5
	 	 Termination
	  	 	29	 
	 2.6
	 	 Optional Increase in Facility Committed Sum
	  	 	30	 
	 SECTION 3.
	 	 TERMS OF PAYMENT
	  	 	31	 
	 3.1
	 	 Notes and Payments
	  	 	31	 
	 3.2
	 	 Interest and Principal Payments
	  	 	31	 
	 3.3
	 	 Interest Options
	  	 	32	 
	 3.4
	 	 Quotation of Rates
	  	 	33	 
	 3.5
	 	 Default Rate
	  	 	33	 
	 3.6
	 	 Interest Recapture
	  	 	33	 
	 3.7
	 	 Interest Calculations
	  	 	33	 
	 3.8
	 	 Maximum Rate
	  	 	33	 
	 3.9
	 	 Interest Periods
	  	 	34	 
	 3.10
	 	 Conversions
	  	 	34	 
	 3.11
	 	 Order of Application
	  	 	35	 
	 3.12
	 	 Sharing of Payments, Etc
	  	 	35	 
	 3.13
	 	 Offset
	  	 	35	 
	 3.14
	 	 Booking Borrowings
	  	 	35	 
	 3.15
	 	 Basis Unavailable or Inadequate for LIBOR
	  	 	36	 
	 3.16
	 	 Additional Costs
	  	 	37	 
	 3.17
	 	 Change in Laws
	  	 	38	 
	 3.18
	 	 Funding Loss
	  	 	38	 
	 3.19
	 	 Foreign Lenders
	  	 	39	 
	 3.20
	 	 Defaulting Lenders
	  	 	40	 
	 3.21
	 	 Assignment of Committed Sums Under Certain Circumstances
	  	 	42	 
	 3.22
	 	 Matters Applicable to All Requests for Compensation
	  	 	43	 
	 SECTION 4.
	 	 FEES
	  	 	43	 
	 4.1
	 	 Treatment of Fees
	  	 	43	 
	 4.2
	 	 LC Fees
	  	 	43	 
	 4.3
	 	 Facility Commitment Fee
	  	 	44	 
	 4.4
	 	 Other Fees
	  	 	44	 
	 SECTION 5.
	 	 SECURITY
	  	 	44	 
	 5.1
	 	 Collateral
	  	 	44	 
	 5.2
	 	 Additional Security and Guaranties
	  	 	44	 
	 5.3
	 	 Financing Statements
	  	 	44	 

							
	 SECTION 6.
	 	 CONDITIONS PRECEDENT
	  	 	44	 
	 6.1
	 	 Initial Borrowing
	  	 	44	 
	 6.2
	 	 All Borrowings or LCs
	  	 	47	 
	 6.3
	 	 Materiality of Conditions
	  	 	47	 
	 6.4
	 	 Waiver
	  	 	47	 
	 SECTION 7.
	 	 REPRESENTATIONS AND WARRANTIES
	  	 	47	 
	 7.1
	 	 Purpose of Credit Facility
	  	 	47	 
	 7.2
	 	 Corporate Existence, Good Standing, Authority, and Compliance
	  	 	48	 
	 7.3
	 	 Subsidiaries
	  	 	48	 
	 7.4
	 	 Authorization and Contravention
	  	 	48	 
	 7.5
	 	 Binding Effect
	  	 	48	 
	 7.6
	 	 Financial Statements; Fiscal Year
	  	 	49	 
	 7.7
	 	 Litigation
	  	 	49	 
	 7.8
	 	 Taxes
	  	 	49	 
	 7.9
	 	 Environmental Matters
	  	 	49	 
	 7.10
	 	 Employee Plans
	  	 	49	 
	 7.11
	 	 Properties; Liens
	  	 	50	 
	 7.12
	 	 Location; Real Estate Interests
	  	 	50	 
	 7.13
	 	 Government Regulations
	  	 	50	 
	 7.14
	 	 Transactions with Affiliates
	  	 	50	 
	 7.15
	 	 Debt
	  	 	50	 
	 7.16
	 	 Material Agreements
	  	 	50	 
	 7.17
	 	 Insurance
	  	 	50	 
	 7.18
	 	 Labor Matters
	  	 	51	 
	 7.19
	 	 Solvency
	  	 	51	 
	 7.20
	 	 Trade Names
	  	 	51	 
	 7.21
	 	 Intellectual Property
	  	 	51	 
	 7.22
	 	 Full Disclosure
	  	 	51	 
	 7.23
	 	 Sanctions Concerns; Anti-Terrorism Laws; Anti-Corruption Laws
	  	 	51	 
	 SECTION 8.
	 	 AFFIRMATIVE COVENANTS
	  	 	52	 
	 8.1
	 	 Items to be Furnished
	  	 	52	 
	 8.2
	 	 Use of Proceeds
	  	 	54	 
	 8.3
	 	 Books and Records
	  	 	54	 
	 8.4
	 	 Inspections
	  	 	54	 
	 8.5
	 	 Taxes
	  	 	54	 
	 8.6
	 	 Payment of Obligations
	  	 	54	 
	 8.7
	 	 Expenses
	  	 	54	 
	 8.8
	 	 Maintenance of Existence, Assets, and Business
	  	 	55	 
	 8.9
	 	 Insurance
	  	 	55	 
	 8.10
	 	 Preservation and Protection of Rights
	  	 	55	 
	 8.11
	 	 Environmental Laws
	  	 	56	 
	 8.12
	 	 Subsidiaries
	  	 	56	 
	 8.13
	 	 Indemnification
	  	 	57	 
	 8.14
	 	 Further Assurances
	  	 	58	 
	 8.15
	 	 Change of Control
	  	 	58	 
	 8.16
	 	
Sanctions Concerns; Anti-Terrorism Laws and Anti-Corruption Laws
	  	 	58	 
	 8.17
	 	 Waiver of Consequential Damages, Etc
	  	 	58	 

  
 ii 

							
	 SECTION 9.
	 	 NEGATIVE COVENANTS
	  	 	58	 
	 9.1
	 	 Taxes
	  	 	58	 
	 9.2
	 	 Payment of Obligations
	  	 	58	 
	 9.3
	 	 Employee Plans
	  	 	58	 
	 9.4
	 	 Debt and Debt Instruments
	  	 	59	 
	 9.5
	 	 Liens and Limitation on Certain Restrictive Agreements
	  	 	59	 
	 9.6
	 	 Transactions with Affiliates
	  	 	59	 
	 9.7
	 	 Compliance with Laws and Documents
	  	 	60	 
	 9.8
	 	 Loans, Advances, Acquisitions and Investments
	  	 	60	 
	 9.9
	 	 Dividends and Distributions
	  	 	61	 
	 9.10
	 	 Sale of Assets
	  	 	62	 
	 9.11
	 	 Mergers and Dissolutions
	  	 	63	 
	 9.12
	 	 Assignment
	  	 	63	 
	 9.13
	 	 Fiscal Year and Accounting Methods
	  	 	63	 
	 9.14
	 	 New Businesses
	  	 	63	 
	 9.15
	 	 Government Regulations
	  	 	63	 
	 9.16
	 	 Leases; Sale-Leasebacks; Tax Leases
	  	 	63	 
	 9.17
	 	 Subsidiaries
	  	 	63	 
	 SECTION 10.
	 	 FINANCIAL COVENANTS
	  	 	63	 
	 SECTION 11.
	 	 DEFAULT
	  	 	64	 
	 11.1
	 	 Payment of Obligation
	  	 	64	 
	 11.2
	 	 Covenants
	  	 	64	 
	 11.3
	 	 Debtor Relief
	  	 	64	 
	 11.4
	 	 Judgments and Attachments
	  	 	65	 
	 11.5
	 	 Government Action
	  	 	65	 
	 11.6
	 	 Misrepresentation
	  	 	65	 
	 11.7
	 	 Change of Control
	  	 	65	 
	 11.8
	 	 Default Under Other Agreements
	  	 	65	 
	 11.9
	 	 LCs
	  	 	65	 
	 11.10
	 	 Validity and Enforceability of Loan Papers
	  	 	65	 
	 11.11
	 	 Employee Benefit Plans
	  	 	66	 
	 SECTION 12.
	 	 RIGHTS AND REMEDIES
	  	 	66	 
	 12.1
	 	 Remedies Upon Default
	  	 	66	 
	 12.2
	 	 Company Waivers
	  	 	66	 
	 12.3
	 	 Performance by Administrative Agent
	  	 	67	 
	 12.4
	 	 Not in Control
	  	 	67	 
	 12.5
	 	 Course of Dealing
	  	 	67	 
	 12.6
	 	 Cumulative Rights
	  	 	67	 
	 12.7
	 	 Application of Proceeds
	  	 	67	 
	 12.8
	 	 Diminution in Value of Collateral
	  	 	67	 
	 12.9
	 	 Certain Proceedings
	  	 	68	 
	 SECTION 13.
	 	 AGREEMENT AMONG LENDERS
	  	 	68	 
	 13.1
	 	 Administrative Agent
	  	 	68	 

  
 iii 

							
	 13.2
	 	 Expenses
	  	 	70	 
	 13.3
	 	 Proportionate Absorption of Losses
	  	 	70	 
	 13.4
	 	 Delegation of Duties; Reliance
	  	 	70	 
	 13.5
	 	 Limitation of Administrative Agent’s Liability
	  	 	71	 
	 13.6
	 	 Delegation of Duties by Administrative Agent
	  	 	72	 
	 13.7
	 	 Default; Collateral
	  	 	72	 
	 13.8
	 	 Limitation of Liability
	  	 	73	 
	 13.9
	 	 Relationship of Lenders
	  	 	73	 
	 13.10
	 	 Other Agents
	  	 	73	 
	 13.11
	 	 Collateral Matters
	  	 	73	 
	 13.12
	 	 No Reliance on Administrative Agent’s Customer Identification Program
	  	 	74	 
	 13.13
	 	 USA Patriot Act
	  	 	74	 
	 13.14
	 	 Credit Bidding
	  	 	74	 
	 13.15
	 	 Benefits of Agreement
	  	 	75	 
	 13.16
	 	 Compliance with Flood Insurance Laws
	  	 	75	 
	 13.17
	 	 Cash Management Obligations and Hedging Obligations
	  	 	75	 
	 SECTION 14.
	 	 MISCELLANEOUS
	  	 	75	 
	 14.1
	 	 Headings
	  	 	75	 
	 14.2
	 	 Nonbusiness Days; Time
	  	 	75	 
	 14.3
	 	 Communications
	  	 	76	 
	 14.4
	 	 Form and Number of Documents
	  	 	78	 
	 14.5
	 	 Exceptions to Covenants
	  	 	78	 
	 14.6
	 	 Survival
	  	 	78	 
	 14.7
	 	 Governing Law
	  	 	78	 
	 14.8
	 	 Invalid Provisions
	  	 	78	 
	 14.9
	 	 Venue; Service of Process; Jury Trial
	  	 	79	 
	 14.10
	 	 Amendments, Consents, Conflicts, and Waivers
	  	 	80	 
	 14.11
	 	 Multiple Counterparts
	  	 	80	 
	 14.12
	 	 Successors and Assigns; Participations
	  	 	81	 
	 14.13
	 	 Discharge Only Upon Payment in Full; Reinstatement in Certain Circumstances
	  	 	83	 
	 14.14
	 	 Confidentiality
	  	 	83	 
	 14.15
	 	 Entirety
	  	 	83	 
	 14.16
	 	 Government Regulations; USA Patriot Act
	  	 	84	 
	 14.17
	 	 No Advisory or Fiduciary Responsibility
	  	 	84	 
	 14.18
	 	 California
	  	 	84	 
	 14.19
	 	 Acknowledgement and Consent to Bail-In of EEA Financial
Institutions
	  	 	85	 
	 14.20
	 	 Certain ERISA Matters
	  	 	85	 

  
 iv 

 SCHEDULES AND EXHIBITS 

 

			
	Schedule 1	  	Parties, Addresses, Committed Sums and Wiring Information
	Schedule 7.2	  	Jurisdictions of Incorporation and Business
	Schedule 7.3	  	Corporate Structure
	Schedule 7.7	  	Litigation
	Schedule 7.9	  	Environmental Matters
	Schedule 7.11	  	Liens
	Schedule 7.12	  	Chief Executive Office, Location of Material Assets and Real Estate Interests
	Schedule 7.14	  	Transactions with Affiliates
	Schedule 7.16	  	Material Agreements
	Schedule 7.20	  	Trade Names
	Schedule 7.21	  	Intellectual Property
	Schedule 9.10	  	Existing Sale\Leaseback Properties
		
	Exhibit A	  	Facility Note
	Exhibit B	  	Swing Line Note
	Exhibit C	  	LC Request
	Exhibit D	  	Borrowing Request
	Exhibit E	  	Conversion Request
	Exhibit F	  	Compliance Certificate
	Exhibit G	  	Assignment Agreement
	Exhibit H	  	Form of Guaranty
	Exhibit I	  	Form of Secured Obligation Designation Notice

  
 v 

 AMENDED AND RESTATED CREDIT AGREEMENT 

This AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of April 25, 2019, (the “Effective Date”) among Monro, Inc., a New
York corporation (“Borrower”), Lenders (defined below), Citizens Bank, N.A., as Administrative Agent for itself and the other Lenders, Bank of America, N.A., JPMorgan Chase Bank, N.A., and Keybank National Association, as Co-Syndication Agents and Branch Banking & Trust Company, TD Bank, N.A. and Wells Fargo Bank, National Association, as Co-Documentation Agents. 

RECITALS 
 WHEREAS, the Borrower
and various other financial institutions, and Citizens Bank, N.A., as Administrative Agent for itself and such other financial institutions entered into a Credit Agreement (as amended, modified and supplemented through the date hereof, the
“Existing Credit Agreement”) on January 25, 2016 (the “Initial Closing Date”). This Amended and Restated Credit Agreement is being entered into for the purpose of, among other things, amending and
restating the Existing Credit Agreement; and 
 WHEREAS, the Lenders (as defined below) and Administrative Agent (as the lender of initial Swing Line
Borrowings and the issuer of LCs, each as defined below) are willing, subject to the terms and conditions hereof, to make loans and advances to and extend certain credit accommodations to Borrower in relation to the senior secured revolving credit
facility evidenced hereby in an initial aggregate principal amount of up to $600,000,000 (the “Facility”), and the parties wish to amend and restate the Existing Credit Agreement and to provide for the terms and conditions
upon which such loans, advances and credit accommodations shall be made. 
 NOW, THEREFORE, in consideration of the premises, mutual covenants contained
herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed, the parties hereto agree as follows: 

AMENDMENT & RESTATEMENT 
 As of
the Effective Date, the Existing Credit Agreement shall be deemed amended and restated in its entirety as set forth in this Agreement. The Obligations outstanding under the Existing Credit Agreement shall continue to be due and owing without
defense, offset or counterclaim (other than defense of payment) and shall be and become for all purposes Obligations hereunder. The Existing Credit Agreement and the other Loan Papers (as defined below) (and the liens and security interests granted
pursuant thereto) shall remain in full force and effect and shall be ratified by this Agreement, and as applicable the other Loan Papers executed in connection herewith. The amendment and restatement contained herein shall not, in any manner, be
construed to constitute payment of, or impair, limit, cancel or extinguish, or constitute a novation in respect of, the indebtedness and other obligations and liabilities of Borrower evidenced by or arising under the Loan Papers, and the liens and
security interests of Administrative Agent and Lenders securing such indebtedness and other obligations and liabilities, which shall not in any manner be impaired, limited, terminated, waived or released, but shall continue in full force and effect
in favor of Administrative Agent for the benefit of itself and Lenders. 

 SECTION 1.    DEFINITIONS AND TERMS. 

1.1    Definitions. As used in the Loan Papers: 

“ABR” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) one-half of one percent (0.50%) in excess of the Federal Funds Effective Rate in effect on such day and (c) the Adjusted One-Month LIBOR Rate. Any change in the
ABR due to a change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted One-Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate, the
Federal Funds Effective Rate or the Adjusted One-Month LIBOR Rate, respectively. 
 “ABR
Borrowing” means a Borrowing bearing interest at the sum of the ABR plus the Applicable Margin. 

“Accountants” mean PricewaterhouseCoopers, LLP or other firm of independent public accountants of nationally recognized
standing retained by Borrower or any other firm acceptable to the Lenders. 
 “Acquisition” means any transaction or
series of related transactions for the purpose of or resulting, directly or indirectly, in (i) the acquisition or purchase by Borrower of assets, including without limitation, stock, partnership, securities, or other interest in any other
Person; excluding however, assets purchased in the ordinary course of business which are budgeted as part of the Borrower’s annual capital expenditure budget, (ii) the acquisition or ownership of in excess of 50% of the Equity Interests of
any Person, or (iii) the acquisition of another Person by a merger, consolidation, amalgamation or any other combination with such Person. 

“Adjusted Debt” means Funded Debt, plus the product of six (6) times Rental Payments. 

“Adjusted One-Month LIBOR Rate” means an interest rate per annum equal to the
greater of (I) the sum of (a) 1.00% per annum plus (b) the quotient of (i) the interest rate determined by Administrative Agent by reference to the Reuters Screen LIBOR01 Page (or on any successor or substitute page) to be the rate at
approximately 11:00 a.m. London time, on such date or, if such date is not a Business Day, on the immediately preceding Business Day, for dollar deposits with a maturity equal to one (1) month divided by (ii) one (1) minus the LIBOR
Reserve Percentage (expressed as a decimal) applicable to dollar deposits in the London interbank market with a maturity equal to one (1) month, and (II) 0.00%. 

“Administrative Agent” means Citizens Bank, N.A., and its successor or successors as administrative agent for Lenders
under this Agreement. 
 “Affiliate” means, as to any Person, any other Person that, directly or indirectly, through
one or more intermediaries, controls, is controlled by, or is under common control with, such Person or any Subsidiary of such Person. The term “control” (including the terms “controlled by” or “under common control
with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether as general partner, through ownership of a Control Percentage of such Person or the general
partner of such Person, by contract or otherwise. 
 “Agreement” means this Amended and Restated Credit Agreement, as
amended, restated, supplemented, or otherwise modified from time to time in accordance with Section 14.10. 

“Anti-Terrorism Law” means the USA Patriot Act or any other law pertaining to the prevention of future acts of
terrorism, in each case as such law may be amended from time to time. 

  
 2 

 “Applicable Margin” means at all times during the applicable periods
set forth below: (a) with respect to all LIBOR Rate Borrowings, the applicable percentage set forth below in the column entitled “Applicable Margin for LIBOR Rate Borrowings”; (b) with respect to all ABR Borrowings, the applicable
percentage set forth below in the column entitled “Applicable Margin for ABR Borrowings”; and (c) with respect to the Commitment Fee, the applicable percentage set forth below in the column entitled “Applicable Margin for
Commitment Fee.” 
  

																	
	 Period
	 	  	Applicable Margin for	 
	 When AD Is

greater than
	  	And less than or
equal to	 	  	LIBOR Rate
Borrowings	 	 	ABR
Borrowings	 	 	Commitment
Fee	 
		  	 	2.50:1.00	 	  	 	0.75	% 	 	 	0.00	% 	 	 	0.125	% 
	 2.50:1.00
	  	 	3.00:1.00	 	  	 	1.00	% 	 	 	0.00	% 	 	 	0.175	% 
	 3.00:1.00
	  	 	3.50:1.00	 	  	 	1.25	% 	 	 	0.00	% 	 	 	0.225	% 
	 3.50:1.00
	  	 	4.00:1.00	 	  	 	1.50	% 	 	 	0.00	% 	 	 	0.25	% 
	 4.00:1.00
	  	 	4.50:1.00	 	  	 	1.75	% 	 	 	0.00	% 	 	 	0.30	% 
	 4.50:1.00
	  				  	 	2.00	% 	 	 	0.00	% 	 	 	0.35	% 

 Definition: “AD” is the abbreviation for Adjusted Debt/EBITDAR Ratio. 

Adjusted Debt and EBITDAR are calculated for the most recently-completed Four Quarter Period and the ratio of Adjusted Debt to EBITDAR is calculated as of the
last day of such Four Quarter Period. The Applicable Margin, as adjusted to reflect such calculations, shall become effective on the date of receipt by the Administrative Agent of the Compliance Certificate applicable to such Four Quarter Period. If
Borrower fails to timely furnish to Administrative Agent the Current Financials and any related Compliance Certificate or, if for some other reason, a new Applicable Margin for a current period cannot be calculated, then the Applicable Margin in
effect on the last day of the last Four Quarter Period for which the ratio of Adjusted Debt to EBITDAR was calculated shall remain in effect until a new Applicable Margin can be calculated, which new Applicable Margin shall become effective as
provided in the immediately preceding sentence. During the period commencing on the Effective Date and ending on the date of the delivery of the Compliance Certificate for the first full fiscal quarter completely occurring after the Effective Date,
the Applicable Margin shall be: 1.00% with respect to LIBOR Rate Borrowings, 0.00% with respect to ABR Borrowings and 0.175% with respect to the Commitment Fee 

“Acquired EBITDAR” means, with respect to any Acquired Entity or Business for any period, the historical EBITDAR
of such Acquired Entity or Business for such period as certified by a Financial Officer of the Borrower, which historical EBITDAR shall be calculated in a manner consistent with the definition of EBITDAR herein and to be based on the most recent
financial statements for such Acquired Entity or Business available to the Borrower), provided that when such Acquired EBITDAR is included in EBITDAR it shall be on a Pro Forma Basis. 

  
 3 

 “Acquired Entity or Business” means, for any period, any Person,
property, business or asset acquired by the Borrower or any of its Subsidiaries in an Acquisition permitted hereunder. 

“Arranger” means each of Citizens Bank, N.A., JPMorgan Chase Bank, N.A., Merrill Lynch, Pierce, Fenner & Smith,
Inc. and Keybanc Capital Markets Inc., as a joint lead arranger and bookrunner. 
 “Bail-In
Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution. 

“Bail-In Legislation” means, with respect to any EEA Member Country implementing
Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time that is described in the EU
Bail-In Legislation Schedule. 
 “Basel III” means the “International
Convergence of Capital Measurement and Capital Standards, a Revised Framework” published by the Basel Committee on Banking Supervision in June 2004 in the form existing on the date hereof. 

“Beneficial Ownership Certification” means, with respect to the Borrower, a certification regarding beneficial ownership
as required by the Beneficial Ownership Regulation, which certification shall be substantially similar in form and substance to the form of Certification Regarding Beneficial Owners of Legal Entity Customers published jointly, in May 2018, by the
Loan Syndications and Trading Association and Securities Industry and Financial Markets Association or such other form reasonably satisfactory to the Administrative Agent. 

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

“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”. 

“Borrower” is defined in the preamble to this Agreement. 

“Borrowing” means (without duplication) any amount disbursed by (a) one or more Lenders to or on behalf of Borrower
under the Loan Papers, whether such amount constitutes an original disbursement of funds, the continuation of an amount outstanding under the Facility or under the Swing Line Subfacility or the financing of a LC reimbursement obligation under the
Facility or (b) any Lender in accordance with, and to satisfy the obligations of any Company under, any Loan Paper. 
 “Borrowing
Date” means for any Borrowing the date for which funds are requested by Borrower. 
 “Borrowing Request” means a
request substantially in the form of the attached Exhibit D. 
 “BSA” is
defined in Section 14.16(a). 
 “Business Day” means
(a) for all purposes, any day other than Saturday, Sunday, and any other day that commercial banks are authorized by Law to be closed in New York, New York or Boston, Massachusetts and (b) for purposes of any LIBOR Rate Borrowing, a day
that satisfies the requirements of clause (a) and is a day that commercial banks are open for domestic or international business in London. 

  
 4 

 “CAPEX” means, for any Four Quarter Period, capital expenditures for
fixed or capital assets that are required to be capitalized on a balance sheet prepared in accordance with GAAP minus the sum of (a) any net proceeds of sale/leasebacks permitted by Section 9.10 or
9.16, (b) (without duplication) any capital expenditures incurred for assets (i) purchased and then sold, transferred or otherwise disposed of pursuant to sale/leaseback facilities permitted pursuant to
Section 9.10 or (ii) that are subject to a Capitalized Lease and (c) any net proceeds from any sales, transfers or other dispositions of any fixed assets permitted by
Section 9.10. 
 “Capitalized Lease” means any lease for which the
obligation for Rental Payments is required to be capitalized on a consolidated balance sheet of the lessee and its subsidiaries and classified as a finance lease in accordance with GAAP. 

“Cash Equivalents” means (a) securities with maturities of one year or less from the date of acquisition issued or
fully guaranteed or insured by the United States Government of any agency thereof; (b) certificates of deposit, time deposits, corporate savings accounts overnight bank deposits, bankers acceptances and repurchase agreements of any commercial
bank which has capital and surplus in excess of $100,000,000 having maturities of one year or less from the date of acquisition; (c) commercial paper of an issuer rated at least A-2 by Standard &
Poor’s Ratings Group or P-2 by Moody’s Investors Service, Inc., or carrying an equivalent rating by a nationally recognized rating agency if both of the two named rating agencies cease publishing
ratings of investments; (d) money market accounts or funds with or issued by Qualified Issuers; (e) repurchase obligations with a term of not more than 90 days for underlying securities of the types described in clause (a) above
entered into with any bank meeting the qualifications specified in clause (b) above; and (f) demand deposit accounts maintained in the ordinary course of business with any bank, not in excess of $250,000 in the aggregate on deposit with
any such bank or any other financial institution. 
 “Cash Management Obligations” means all obligations of the
Borrower, any Guarantor or any Company in respect of any Cash Management Services provided to Borrower, any Guarantor or any Company (whether absolute or contingent and howsoever and whenever created, arising, evidenced or acquired (including all
renewals, extensions and modifications thereof and substitutions therefor)) that are (a) owed to the Administrative Agent or any of its Affiliates, (b) owed on the Closing Date to a Person that is a Lender or an Affiliate of a Lender as of
the Closing Date or (c) owed to a Person that is a Lender or an Affiliate of a Lender at the time such obligations are incurred or becomes a Lender or an Affiliate of a Lender after it has incurred such obligations, provided that any
such provider of Cash Management Services (other than the Administrative Agent or its Affiliates) executes and delivers a Secured Obligation Designation Notice to the Administrative Agent. 

“Cash Management Services” means, collectively, (a) commercial debit or credit cards, merchant card processing and
other services, purchase or debit cards, including non-card e-payables services, (b) treasury management services (including cash pooling arrangements, controlled
disbursement, netting, overdraft, lockbox and electronic or automatic clearing house fund transfer services, return items, sweep and interstate depository network services, foreign check clearing services), and (c) any other demand deposit or
operating account relationships or other cash management services. 

  
 5 

 “Change in Law” means (i) the adoption of any Law, after the
Closing Date, (ii) any change in any Law or in the interpretation or application thereof after the Closing Date or (iii) compliance by any Lender (or, for purposes of Section 3.16(a), by any
lending office of such Lender or by any Person controlling such Lender, if any) with any request, guideline or directive (whether or not having the force of Law) of any Tribunal made or issued after the Closing Date; provided that, notwithstanding
anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203 (signed into law July 21, 2010)) and all requests, rules, guidelines or directives
thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the
United States regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a Change in Law, regardless of the date enacted, adopted or issued. 

“Change of Control” shall mean the occurrence of one or more of the following: (a) the acquisition of ownership,
directly or indirectly, beneficially or of record, by any Person or group (within the meaning of Section 13(d)(3) of the Securities Exchange Act), other than the Ownership Group, of (i) shares representing more than thirty-five percent
(35%) of the Common Stock, issued and outstanding at any time or (ii) more than sixty percent (60%) of the Preferred Stock, issued and outstanding at any time; or (b) the occupancy of a majority of the seats (other than vacant seats) on
the board of directors of Borrower or any Guarantor by persons who were neither (i) nominated by the board of directors of Borrower nor (ii) appointed by directors so nominated (for avoidance of any doubt, in the event that a Guarantor no
longer exists due to a merger, consolidation, wind down, liquidation or dissolution pursuant to a transaction permitted under Section 9.11, it shall not be deemed a Change of Control hereunder). As used in this definition of “Change of
Control,” terms defined in the Securities Exchange Act of 1934 or the rules of the Securities and Exchange Commission thereunder as in effect on the date hereof shall have the respective meanings ascribed to them therein. 

“Closing Date” means April 25, 2019. 

“Code” means the Internal Revenue Code of 1986, as amended from time to time, and related rules and regulations
promulgated thereunder by the Internal Revenue Service. 
 “Collateral” means the
“Collateral” as defined in the Security Agreement, together with any other collateral (whether Real Property or personal property) covered by any Security Document. 

“Collateral Assignments” has the meaning specified in the Security Agreement. 

“Commitment Fee” is defined in Section 4.3. 

“Commitment Usage” means, at any time, for each Lender, its Facility Commitment Usage. 

“Committed Sum” means, with respect to each Lender, the amount stated beside such Lender’s name for the Facility on
Schedule 1 as most recently amended under this Agreement (which amount is subject to increase as provided in Section 2.6, to reduction and cancellation as provided in this Agreement, including, without
limitation, the provisions of Section 2.5, and adjustment from time to time as a result of assignments to or from such Lender pursuant to Section 14.12).

 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to
time, and any successor statute. 
 “Common Stock” means the Borrower’s common stock, $.01 par value per share.

  
 6 

 “Company or Companies” means, at any time, Borrower and each of its
Subsidiaries. 
 “Competitor” means any Person reasonably designated by Borrower as a direct competitor by written
notice delivered to Administrative Agent; provided, that (i) in connection with any participation, the Participant with respect to such proposed participation that is an investment bank, a commercial bank, a finance company, a fund, or other
Person which merely has an economic interest in any such direct competitor, and is not itself such a direct competitor of Borrower or its Subsidiaries, shall not be deemed to be a direct competitor for the purposes of this definition, and
(ii) in connection with any assignment, the assignee with respect to such proposed assignment that is an investment bank, a commercial bank, a finance company, a fund, or other Person which merely is a lender to a direct competitor, and is not
itself such a direct competitor of Borrower or its Subsidiaries, shall not be deemed to be a direct competitor for the purposes of this definition. 

“Compliance Certificate” means a certificate substantially in the form of the attached Exhibit F and
signed by a Responsible Officer. 
 “Control Percentage” means, with respect to any Person (a) in the case of a
corporation, the percentage of the outstanding capital stock of such Person having ordinary voting power which gives the direct or indirect holder of such stock the power to elect a majority of the Board of Directors of such Person and (b) in
the case of a limited partnership, the percentage of the outstanding limited partnership interests of such Person which gives the direct or indirect holder of such limited partnership interests the power to remove the general partner or partners of
such Person or to take actions reserved for the limited partners under the applicable limited partnership act. 
 “Conversion
Request” means a request substantially in the form of the attached Exhibit E. 
 “Current
Financials” means, at any time, the consolidated Financial Statements of Borrower and its Subsidiaries most recently delivered to Administrative Agent under Sections 8.1(a) or
8.1(b), as the case may be. 
 “Debt” means (without duplication), for any Person, (a) indebtedness
of such Person for borrowed money; (b) obligations of such Person evidenced by bonds, debentures, notes, or other similar instruments; (c) obligations of such Person to pay the deferred purchase price of property or services;
(d) reimbursement obligations in respect of bonds or letters of credit; (e) obligations of such Person under direct or indirect guaranties in respect of, and obligations (contingent or otherwise) of such Person to purchase or otherwise
acquire, or otherwise to assure a creditor against loss in respect of, indebtedness of others of the kinds referred to in clauses (a) through (d) above; (f) earnout or similar purchase price adjustments to the extent the obligation with
respect thereto has become a liability on the balance sheet of such Person; and (g) indebtedness of others of the kinds referred to in clauses (a) through (f) secured by any Lien on or in respect of any property of such Person whether or
not assumed by such Person; provided, however, that all trade accounts payable and accrued expenses incurred in the ordinary course of business of such Person shall be excluded from the foregoing. 

“Debtor Relief Laws” means Title 11 of the United States Code and all other applicable state or federal liquidation,
conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments or similar Laws affecting creditors’ Rights in effect from time to time. 

  
 7 

 “Default” is defined in
Section 11. 
 “Default Rate” means for each Borrowing, an annual rate
of interest equal from day to day to the lesser of (a) the applicable interest rate for such Borrowing plus 2% and (b) the Maximum Rate. 

“Defaulting Lender” means any Lender that has (a) failed to fund any portion of Borrowings or participations in any
LC within one (1) Business Day of the date required to be funded by it hereunder unless such Lender notifies 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 (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, (b) notified Borrower, Administrative Agent or any Lender
in writing that it does not intend to comply with any of its funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its funding obligations under this Agreement or under any other
agreement in which it commits to extend credit (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition
precedent to funding (which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) failed, within one (1) Business Day after a request by
Administrative Agent to confirm that it will comply with the terms of this Agreement relating to its obligations to fund prospective Borrowings and participations in then outstanding LCs and Swing Line Borrowings, (d) otherwise failed to pay
over to Administrative Agent or any other Lender any other amount required to be paid by it hereunder within one (1) Business Day of the date when due, (e) as reasonably determined by the Administrative Agent, become or is insolvent or has
a parent company that has become or is insolvent or become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it, or has taken any action in furtherance of, or has indicated
its consent to, approval of or acquiescence in any such proceeding or appointment or has a parent company that has become the subject of a bankruptcy or insolvency proceeding or has had a receiver, conservator, trustee or custodian appointed for it,
or has taken any action in furtherance of, or has indicated its consent to, approval of or acquiescence in any such proceeding or appointment, or (f) has, or has a direct or indirect holding company that has become the subject of a Bail-In Action; provided that a Lender shall not qualify as a Defaulting Lender solely as a result of the acquisition or maintenance of an ownership interest in such Lender or its parent company, or to the exercise
of control over such Lender or any Person controlling such Lender, by a governmental authority or instrumentality thereof. 

“Designated Jurisdiction” means any country, territory or region to the extent that such country or
territory is the subject of any Sanction. 
 “Disposed EBITDAR” means, with respect to
any Sold Entity or Business for any period, the historical EBITDAR of such Sold Entity or Business for such period as certified by a Financial Officer of the Borrower, which historical EBITDAR shall be calculated in a manner consistent with the
definition of EBITDAR herein and to be based on financial statements for such Sold Entity or Business prepared in accordance with GAAP (subject to the absence of footnote disclosures and year-end audit
adjustments with respect to financial statements that are not annual audited financial statements), provided that when such Disposed EBITDAR is excluded from EBITDAR it shall be on a Pro Forma Basis. 

  
 8 

 “Disposition” means, with respect to any Person, the
sale, transfer, license, lease or other disposition (including any sale leaseback and any sale or issuance of Equity Interests including by way of a merger) by such Person to any other Person, with or without recourse, of (a) any notes or
accounts receivable or any rights and claims associated therewith, (b) any Equity Interests of any Subsidiary (other than directors’ qualifying shares), or (c) any other assets, provided, however, that none of the
following shall constitute a Disposition: (i) any sale, transfer, license, lease or other disposition by (A) a Borrower or Guarantor to another Borrower or Guarantor or (B) a Subsidiary that is not a Borrower or Guarantor to another
Subsidiary that is not a Borrower or Guarantor, in each case, on terms which are no less favorable than are obtainable from any Person which is not one of its Affiliates, (ii) the collection of accounts receivable and other obligations in the
ordinary course of business, (iii) sales of inventory in the ordinary course of business, and (iv) dispositions of substantially worn out, damaged, uneconomical, surplus or obsolete equipment, equipment that is no longer useful in the
business of the Borrower or its Subsidiaries. Each of the terms “Dispose” and “Disposed” when used as a verb shall have an analogous meaning. 

“Distribution” means, with respect to any shares of any capital stock or other equity securities or other interests
issued by a Person, (a) the retirement, redemption, purchase, or other acquisition for value of those securities by such Person; (b) the declaration or payment of any dividend on or with respect to those securities by such Person (except
distributions in the form of such securities); (c) any loan or advance by that Person to, or other investment by that Person in, the holder of any of those securities; and (d) any other payment by that Person with respect to those securities.

 “Dollars” and “$” means lawful money of the United States of America. 

“Domestic Foreign Holding Company” means a Domestic Subsidiary of any Company (i) that owns one or more Foreign
Subsidiaries that are “Controlled Foreign Corporations” under Section 956 of the Code, (ii) substantially all of the assets of which consist of such Equity Interests and (iii) that has no purpose other than serving as a
holding company for the ownership of such Equity Interests. 
 “Domestic Subsidiary” means any Subsidiary
incorporated, organized or otherwise formed under the laws of the United States, any state thereof or the District of Columbia. 

“EBITDAR” means, as determined, on a rolling twelve month basis and in respect of any Person the sum of (a) the Net
Income of such Person, plus (b) the interest expense of such Person for such period as determined in accordance with GAAP and as such item is reported on such Person’s financial statements, plus (c) the income tax expense of such
Person for such period, plus (d) the amount reported as the depreciation of the assets of such Person for such period, computed in accordance with GAAP, and as such item is used in the computation of such Person’s Net Income for such
period, plus (e) the amount reported as the amortization of intangibles for such Person for such period, computed in accordance with GAAP, and as such item is used in the computation of such Person’s Net Income for such period, minus
(f) Rental Payments related to Capitalized Leases, plus (g) Rental Payments; provided further than when determining EBITDAR under this Agreement (including, without limitation, Sections 9.8, 9.9 and 10), to the extent applicable and
without duplication, EBITDAR shall (I) include the Acquired EBITDAR of any Acquired Entity or Business on a Pro Forma Basis and (II) exclude the Disposed EBITDAR of any Sold Entity or Business on a Pro Forma Basis, in each case for twelve
months following the consummation of the applicable transaction. 

  
 9 

 “EEA Financial Institution” means (a) any credit institution or
investment firm established in any EEA Member Country that is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country that is a parent of an institution described in clause (a) of this
definition, or (c) any financial institution established in an EEA Member Country that 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” is defined in the Preamble to this Agreement. 

“Employee Plan” means an employee pension benefit plan covered by Title IV of ERISA and established or maintained by any
Company. 
 “Environmental Law” means any Law that relates to the pollution or protection of the environment or to
Hazardous Substances. 
 “Equity Interest” means with respect to any Person, any and all shares, interests,
participations or other equivalents, including membership interests (however designated, whether voting or non-voting) of equity of such Person, including, if such Person is a partnership, partnership
interests (whether general or limited) or any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, such partnership, but in no event will “Equity
Interest” include any debt securities convertible or exchangeable into equity unless and until actually converted or exchanged. 

“Equity Pledge Agreement” means (i) that certain Equity Pledge Agreement executed by the Borrower
in favor of the Administrative Agent dated as of Initial Closing Date, (ii) that certain Equity Pledge Agreement executed by Monro Service Corporation in favor of the Administrative Agent dated as of Effective Date, and (iii) any other
Equity Pledge Agreement entered into in accordance herewith by the Borrower or any Subsidiary, as amended, supplemented, modified or restated from time to time. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and related rules and
regulations. 
 “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. 

“Excluded Domestic Subsidiary” means (i) any direct or indirect Domestic Subsidiary of a Foreign Subsidiary that is
a “Controlled Foreign Corporation” under Section 956 of the Code, (ii) any Domestic Subsidiary in which the Borrower or any of its Subsidiaries does not hold a majority of the issued and outstanding Equity Interests, and
(iii) any Domestic Foreign Holding Company. 

  
 10 

 “Excluded Hedging Obligation” means with respect to any Guarantor, any
Guaranty Swap Obligation if, and to the extent that, all or a portion of the guarantee of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Guaranty Swap Obligation (or any guarantee thereof) is or becomes
illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Guarantor’s failure for any reason not to
constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the guarantee of such Guarantor or the grant of such security interest becomes effective with respect to such
Guaranty Swap Obligation. If a Guaranty Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Guaranty Swap Obligation that is attributable to swaps for which such
guarantee or security interest is or becomes illegal. 
 “Excluded Subsidiary” means (i) any Foreign Subsidiary,
so long as such entity continues to be a Foreign Subsidiary that is a “Controlled Foreign Corporation” under Section 956 of the Code, (ii) any direct or indirect Foreign Subsidiary of any Subsidiary described in clause
(i) above and (iii) any Excluded Domestic Subsidiary. 
 “Existing Credit Agreement” is
defined in the recitals to this Agreement. 
 “Facility” is defined in the recitals to this Agreement. 

“Facility Commitment Usage” means, at any time, the sum of (a) the Principal Debt, whether under the Swing Line
Subfacility or otherwise, plus (b) the LC Exposure. 
 “Facility Committed Sum” means, at any time, the sum of
all Committed Sums for all Lenders under the Facility (as increased, reduced or cancelled under this Agreement, including, without limitation, the provisions of Sections 2.5 and 2.6) then in effect. 

“Facility Maturity Date” means the earlier of (a) April 25, 2024, and (b) the effective date that
Lenders’ commitments to lend under the Facility are otherwise cancelled or terminated in accordance with this Agreement. 
 “Facility
Note” means a promissory note substantially in the form of the attached Exhibit A, as amended, supplemented, and restated. 

“FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement and any current or future
regulations or official interpretations thereof. Solely for purposes of Section 3.19 hereof, FATCA shall include any amendments made to FATCA after the date hereof. 

“Federal Funds Effective Rate” means, for any day, the weighted average (rounded upwards, if necessary, to the next
1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such
rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by Administrative Agent from three Federal funds brokers
of recognized standing selected by it. 
 “Financial Hedge” means a swap, collar, floor, cap, or other contract or
arrangement that (a) is between any Company and the Administrative Agent or any of its Affiliates, (b) exists as of the Closing Date between any Company and a Person that is a Lender or an Affiliate of a Lender as of the Closing Date,
(c) is between any Company and a Person that is a Lender or an Affiliate of a Lender at the time such Financial Hedge is incurred or becomes a Lender or an Affiliate of a 

  
 11 

 
Lender after it has incurred such Financial Hedge, or (d) is between any Company and another Person reasonably acceptable to Majority Lenders, that is intended to reduce or eliminate the
risk of fluctuations in interest rates or currency exchange rates and that is legal and enforceable under applicable Law. 

“Financial Officer” means, with respect to any Person, the chief financial officer, principal accounting
officer, treasurer or comptroller of such Person or any other officer appointed to perform the functions of any of the foregoing officer (or such other financial officer as is reasonably acceptable to the Administrative Agent). 

“Financial Statements” of a Person means balance sheets, profit and loss statements, reconciliations of capital and
surplus, and statements of cash flow prepared (a) according to GAAP, (b) except as stated in Section 1.3, in comparative form to prior year-end figures
or corresponding periods of the preceding fiscal year, as applicable, and (c) on a consolidated basis if that Person had any consolidated Subsidiaries during the applicable period. 

“Flood Documents” has the meaning set forth in Section 13.16. 

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

“Foreign Subsidiary” means any Subsidiary that is organized under the laws of a jurisdiction other than the United
States of America or any state thereof or the District of Columbia. 
 “Four Quarter Period” means a period of four
full consecutive fiscal quarter-annual periods, taken together as one accounting period. 
 “Funded Debt” means, when
determined, on a rolling twelve-month basis, calculated using the month-end balance for each month on a consolidated basis for the Companies in accordance with GAAP: (a) indebtedness of such Person for
borrowed money, and (b) obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; excluding (i) notes generated in the ordinary course of business payable within one year not to exceed $10,000,000,
trade payables and accrued expenses, and (ii) for the avoidance of any doubt, obligations of such Person as lessee under Capitalized Leases. 

“Funding Loss” means, without duplication, (a) the administrative or reemployment costs customarily charged by any
Lender (consistent with such Lender’s policies with respect to its other customers) when (i) Borrower fails or refuses (for any reason other than Lender’s failure to comply with this Agreement) to take any Borrowing that it has
requested under this Agreement, or (ii) Borrower prepays or pays any Borrowing or converts any Borrowing to a Borrowing of another Type, in each case, before the last day of the applicable Interest Period, plus (b) an amount equal to the
excess, if any, of the amount of interest that would have accrued on the Borrowing at the elected interest rate during the remainder of the applicable Interest Period (but for such failure, refusal, payment, prepayment or conversion) over the amount
of interest that would accrue on the same Type of Borrowing for an interest period of the same duration as the remainder of the applicable Interest Period. 

“GAAP” means generally accepted accounting principles of the United States of America as in effect from time to time.

  
 12 

 “Guarantor” means, collectively, any and all Subsidiaries of the
Borrower or any Company now or in the future, but excluding, however, any Excluded Subsidiary. 
 “Guaranty” means the
Guaranty Agreement substantially in the form of the attached Exhibit H, as amended or modified from time to time. 

“Guaranty Swap Obligation” means with respect to any Guarantor, any obligation to pay or perform under any agreement,
contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act. 

“Hazardous Substance” means any substance (a) the presence of which requires removal, remediation, or investigation
under any Environmental Law, or (b) that is defined or classified as a hazardous waste, hazardous material, pollutant, contaminant, or toxic or hazardous substance under any Environmental Law. 

“Hedging Obligation” means, with respect to Borrower or any Company, all liabilities of Borrower or such Company to any
Lender (or Affiliates of a Lender) under a Financial Hedge, provided that any such counterparty (other than the Administrative Agent or its Affiliates) executes and delivers a Secured Obligation Designation Notice to the Administrative Agent.

 “HMT” has the meaning specified in the definition of “Sanctions.” 

“Initial Closing Date” is defined in the recitals to this Agreement. 

“Interest Coverage Ratio” means, in respect of a Person, as of the last day of each fiscal quarter, the ratio of (a)(i)
EBITDAR of such Person for the Four Quarter Period ending on such day minus (ii) CAPEX actually paid in cash by such Person during such Four Quarter Period to (b) the sum of (i) Interest Expense of such Person for such Four Quarter
Period plus (ii) Rental Payments made by such Person during such Four Quarter Period, in each case determined on a consolidated basis in accordance with GAAP. 

“Interest Expense” means, in respect of a Person, for any Four Quarter Period, all interest paid or accrued and
amortization of debt discount with respect to all Funded Debt of such Person for such period (after giving effect to the net cost associated with all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements, or
other financial arrangements designed to protect such Person against fluctuations in interest rates) and after giving credit for interest income and construction period interest income. 

“Interest Period” is determined in accordance with Section 3.9. 

“Laws” means all applicable statutes, laws, treaties, ordinances, rules, regulations, orders, writs, injunctions,
decrees, judgments, opinions, and interpretations of any Tribunal, as in effect from time to time. 
 “LC” means a
standby letter of credit or a commercial letter of credit (in such form as shall be customary in respect of obligations of a similar nature) issued by Administrative Agent under this Agreement and under an LC Agreement. 

“LC Agreement” means a letter of credit application and reimbursement agreement (in form and substance satisfactory to
Administrative Agent) submitted by Borrower to Administrative Agent for a letter of credit for the account of any Company. 

  
 13 

 “LC Exposure” means, at any time, (without duplication) the sum of
(a) the aggregate undrawn and uncancelled portions of all outstanding LCs plus (b) the aggregate unpaid reimbursement obligations of Borrower under drawings or drafts under any LC, excluding Borrowings to fund such reimbursement
obligations under Section 2.3(c). 
 “LC Request” means a request
substantially in the form of the attached Exhibit C. 
 “Lender Liens” means Liens in favor of Lenders
or any Affiliate of a Lender (to the extent such Affiliate is party to whom Hedging Obligations or Cash Management Obligations are owed), or Administrative Agent on behalf of Lenders, securing any of the Obligation. 

“Leverage Covenant Cushion Condition” has the meaning set forth in
Section 9.9. “Lenders” means the financial institutions named on the attached Schedule 1 or on the most recently amended Schedule 1, if any, delivered by
Administrative Agent to the Borrower under this Agreement, and, subject to this Agreement, their respective successors and assigns (but not any Participant who is not otherwise a party to this Agreement). Unless the context otherwise requires, for
the avoidance of any doubt, the term “Lenders” includes the Administrative Agent as the Swing Line lender and issuer of LCs. 

“LIBOR” means, relative to any Interest Period for LIBOR Rate Borrowings denominated in Dollars, the offered rate for
deposits of Dollars for a term coextensive with the designated Interest Period that the ICE Benchmark Administration (or any successor administrator of LIBOR rates) fixes as its LIBOR rate as of 11:00 a.m. London time on the day that is two
(2) London Banking Days prior to the beginning of such Interest Period. If such day is not a London Banking Day, the LIBOR Rate shall be determined on the next preceding day which is a London Banking Day. If for any reason the
Administrative Agent cannot determine such offered rate by the ICE Benchmark Administration (or any successor administrator of LIBOR rates), the Administrative Agent may, in its discretion, select a replacement index based on the arithmetic mean of
the quotations, if any, of the interbank offered rate by first class banks in London or New York for deposits in comparable amounts and maturities. Each calculation by the Administrative Agent of LIBOR shall be conclusive and binding for all
purposes, absent manifest error. 
 “LIBOR Rate” means, relative to a LIBOR Rate Borrowing for any Interest Period, a
rate per annum equal to the greater of (a) the rate determined by dividing (i) LIBOR for such Interest Period by (ii) a percentage equal to one hundred percent (100%) minus the LIBOR Reserve Percentage, and (b) 0.00%. 

“LIBOR Rate Borrowing” means a Borrowing bearing interest at the sum of the LIBOR Rate plus the Applicable Margin. 

“LIBOR Reserve Percentage” means, relative to any day of any Interest Period, the maximum aggregate (without
duplication) of the rates (expressed as a decimal fraction) of reserve requirements (including all basic, emergency, supplemental, marginal and other reserves and taking into account any transitional adjustments or other scheduled changes in reserve
requirements) under any regulations of the Board of Governors of the Federal Reserve System (the “Board”) or other governmental authority having jurisdiction with respect thereto as issued from time to time and then
applicable to assets or liabilities consisting of “Eurocurrency Liabilities”, as currently defined in Regulation D of the Board, having a term approximately equal or comparable to such Interest Period. 

  
 14 

 “LIBOR Scheduled Unavailability Date” has the meaning specified
in Section 3.15 (b). 
 “LIBOR Successor Rate” has the meaning specified
in Section 3.15(b). 
 “LIBOR Successor Rate Conforming Changes” means, with respect to
any proposed LIBOR Successor Rate, any conforming changes to the definition of ABR, Interest Period, timing and frequency of determining rates and making payments of interest and other administrative and yield protection matters as may be
appropriate, in the discretion of the Administrative Agent (exercised in good faith and in a commercially reasonable manner), in consultation with the Borrower, to reflect the implementation of such LIBOR Successor Rate and to permit the
administration thereof by the Administrative Agent in a manner substantially consistent with then-prevailing market practice (or, if the Administrative Agent determines that implementation 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 (exercised in good faith and in a commercially reasonable
manner) in consultation with the Borrower). 
 “Lien” means any lien, mortgage, security interest,
pledge, assignment, charge, title retention agreement or encumbrance of any kind and any other arrangement for a creditor’s claim to be satisfied from assets or proceeds prior to the claims of other creditors or the owners. 

“Litigation” means any action by or before any Tribunal. 

“Loan Papers” means (a) this Agreement, certificates and reports delivered under this Agreement, and exhibits and
schedules to this Agreement; (b) the Notes, (c) the Security Documents, (d) all other agreements, documents, and instruments in favor of Administrative Agent or Lenders (or Administrative Agent on behalf of Lenders) now or hereafter
delivered in connection with or under this Agreement or otherwise delivered in connection with all or any part of the Obligation (other than Hedging Obligations); (e) all LCs and LC Agreements; (f) any Guaranty; and (g) all renewals,
extensions, and restatements of, and amendments and supplements to, any of the foregoing. 
 “London Banking Day”
means a day on which dealings in U.S. dollars deposits are transacted in the London interbank market. 
 “Majority
Lenders” means at any time (a) prior to the Facility Maturity Date, Lenders having Committed Sums of at least 50.1% of the Facility Committed Sum at such time and (b) on or after the Facility Maturity Date, Lenders
having in the aggregate of (i) outstanding Principal Debt and (ii) LC Exposure of at least 50.1% of the total of all Principal Debt and LC Exposure at such time (or, if there is no Principal Debt or LC Exposure then outstanding, Lenders
having Committed Sums of at least 50.1% of the Facility Committed Sum immediately prior to Facility Maturity Date). 
 “Material Adverse
Event” means any circumstance or event that, individually or collectively with other circumstances or events, reasonably is expected to result in any (a) impairment of the ability of the Borrower to perform any of its
payment obligations or any material impairment of any Company to perform any other material obligations under any Loan Paper or any Financial Hedge; (b) material impairment of the ability of Administrative Agent or any Lender to enforce
(i) any of the material obligations of any Company under this Agreement or (ii) any of their respective Rights under the Loan Papers or any Financial Hedge; or (c) material and adverse effect on the business, assets, property, or
financial condition of the Companies as a whole as represented to Lenders in the Current Financials. 

  
 15 

 “Material Agreement” means, for any Person, any agreement (excluding
purchase orders and purchase agreements for materials, inventory or services in the ordinary course of business) to which that Person is a party, by which that Person is bound, or to which any assets of that Person may be subject, and that is not
cancelable by that Person upon thirty (30) or fewer days’ notice without liability for further payment other than nominal penalty, and that requires that Person to pay more than $15,000,000 during any 12 month period. 

“Maximum Amount” and “Maximum Rate” respectively mean, for a Lender, the maximum non-usurious amount and the maximum non-usurious rate of interest that, under applicable Law, such Lender is permitted to contract for, charge, take, reserve, or receive on
the Obligation. 
 “Multiemployer Plan” means a multiemployer plan as defined in Sections 3(37) or 4001(a)(3) of ERISA
or Section 414(f) of the Code to which any Company (or any Person that, for purposes of Title IV of ERISA, is a member of Borrower’s controlled group or is under common control with Borrower within the meaning of Section 414 of the
Code) is making, or has made, or is accruing, or has accrued, an obligation to make contributions. 
 “Negative Pledge
Agreement” means that certain Negative Pledge Agreement executed by the Companies in favor of the Administrative Agent dated as of the Initial Closing Date and any other Negative Pledge Agreement entered into in connection
herewith by the Borrower or any Subsidiary, as amended, supplemented, modified or restated from time to time. 
 “Net
Income” means, in respect of a Person, the net income of such Person computed in accordance with GAAP and as such item is reported from time to time on such Person’s statement of income and retained earnings (or similar
statement) (after deduction for payment of all Taxes); provided however, (i) certain costs that in the past were capitalized in the cost of an acquisition, but are now required to be expensed under Accounting Standards Codification Topic 420
(formerly Statement of Financial Accounting Standards 146), as well as other similar accounting requirements that are issued in the future and require expense treatment of costs that are currently capitalized in the cost of an acquisition, and
(ii) expenses in respect of stock options of such Person for such period as determined in accordance with GAAP and as such item is used in the computation of such Person’s Net Income for such period in accordance with Accounting Standards
Codification Topic 178 (formerly Financial Accounting Standard 123R), in each case shall be excluded from the computation of Net Income. 

“Non-Consenting Lender” has the meaning specified in
Section 3.21. 
 “Non-U.S. Lender” is defined
in Section 3.19(a). 
 “Notes” means all outstanding and unpaid Facility Notes, and the Swing Line
Note. 
 “Obligation” means, collectively (i) all present and future indebtedness and obligations, and all
renewals, increases, and extensions thereof, or any part thereof, now or hereafter owed to Administrative Agent or any Lender by any Company under any Loan Paper, together with all interest accruing thereon, fees, costs, and expenses (including,
without limitation, all attorneys’ fees and expenses incurred in the enforcement or collection thereof) payable under the Loan Papers or in connection with the protection of Rights under the Loan Papers (including, without limitation, interest
and fees that accrue after the commencement of any proceeding under any bankruptcy or insolvency law, regardless of whether such interest and fees are allowed claims in 

  
 16 

 
such proceeding), (ii) all present and future Hedging Obligations and (iii) all present and future Cash Management Obligations. Anything in the foregoing to the contrary notwithstanding,
Excluded Hedging Obligations of any Company shall not constitute Obligations of such Company. 
 “OFAC” is defined in
Section 14.16(a). 
 “Ownership Group” means Peter J. Solomon, and his
spouse or lineal descendants, or any estate of such parties or any trust of which any of the foregoing are the exclusive beneficiaries. 

“Participant” is defined in Section 14.12(b). 

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

“Permitted Debt” means any of the following: 

(i)     Debt secured by Permitted Mortgages; 

(ii)    The Obligation under the Loan Papers; 

(iii)    Debt arising from endorsing negotiable instruments for collection in the ordinary
course of business; 
 (iv)    Capitalized Leases; 

(v)    Current liabilities incurred in the ordinary course of business; 

(vi)    Purchase money Debt limited to fixed or capital assets; 

(vii)    Trade payables and accrued obligations that are for goods furnished or services
rendered in the ordinary course of business and that are payable in accordance with customary trade items; 

(viii)    Debt of the Borrower issued after the Closing Date and made subordinate to the
Obligation on terms reasonably satisfactory to the Administrative Agent; 
 (ix)    Debt
of a Company to another Company; 
 (x)    Any Debt of a Company; provided that at the
time of creation, incurrence or assumption thereof the aggregate amount of such Debt for all Companies shall not exceed $15,000,000 at any time outstanding; 

(xi)    Financial Hedges and other interest rate protection agreements entered into for the
purpose of protecting a Company against fluctuations in interest rates and currency and not for speculative purposes; 

(xii)    Debt with respect to surety bonds, appeal bonds or like instruments acquired in
the ordinary course of business or in connection with the enforcement of rights or claims of a Company or in connection with judgments that do not result in an Default; 

  
 17 

 (xiii)    Except for Debts permitted by
clause (xiv), Guarantee obligations in respect of Debt otherwise permitted hereunder; and 

(xiv)    Debt assumed in connection with any Acquisition permitted hereunder, and
modifications, refinancings, refundings, renewals or extensions thereof; provided that (a) such Debts are not incurred in contemplation of such Acquisition, and (b) such Debts are only the obligation of the Person and/or Person’s
Subsidiaries that are acquired or that acquire the relevant assets. 
 “Permitted Liens” means any of the following:

 (xv)    Liens now or hereafter securing the Obligation. 

(xvi)    Any Lien securing Debt permitted in clause (iv) or (vi) of the definition of
Permitted Debt incurred for the purchase or capital lease of one or more fixed or capital assets if such Lien encumbers only the assets so purchased or leased. 

(xvii)    Liens incurred, or deposits made, to secure payment of workers’
compensation, unemployment insurance, or other forms of governmental insurance or benefits or to participate in any fund in connection with workers’ compensation, unemployment insurance, pensions, or other social security programs. 

(xviii)    Liens incurred, or deposits made, to secure performance of bids, tenders,
contracts (other than for the repayment of borrowed money), or leases, or to secure statutory obligations, surety or appeal bonds, or indemnity, performance, or other similar bonds in the ordinary course of business. 

(xix)    The following Liens, if (a) no amounts are due and payable, or (b) (i)
the validity or amount secured thereby is being contested in good faith by lawful proceedings diligently conducted and (ii) reserve or other provision required by GAAP has been made, or (c) levy and execution thereon have been (and
continue to be) stayed or payment thereof is covered in full (subject to the customary deductible) by insurance, or (d) such Liens secure amounts which, in the aggregate, do not exceed $20,000,000 at any time: 

 

	 	(A)	 Liens for Taxes; 

 

	 	(B)	 Liens upon property, including any Liens resulting from any judgment or award, attachment of property or
other legal process prior to adjudication of a dispute on the merits; and 

  

	 	(C)	 Liens imposed by operation of law (including, without limitation, Liens of mechanics, materialmen,
warehousemen, carriers and landlords and similar Liens). 

  
 18 

 (xx)    Any interest or title of a
lessor, licensor or sublessor in assets being leased, subleased or licensed to a Company. 

(xxi)    Liens arising from UCC-1 financing
statements in respect of leases permitted under the Agreement. 
 (xxii)    Easements,
covenants, conditions, restrictions, minor defects and other similar matters of record, zoning restrictions and other land use laws and rights of way on real property that do not secure any obligations for borrowed money. 

(xxiii)    Liens on assets to the extent such liens do not secure obligations in excess of
$15,000,000 in the aggregate at any one time outstanding. 
 (xxiv)    Liens in favor or
customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation of goods. 

(xxv)    Customary rights of setoff in favor of banks, other depository institutions or
securities intermediaries and not given in connection with the issuance of Debt. 

(xxvi)    Permitted Mortgages. 

(xxvii)    Liens existing as of the Closing Date that are disclosed in Schedule 7.11. 

(xxviii)    Liens securing judgments for the payment of money which do not otherwise result
in a Default hereunder. 
 (xxix)    licenses, sublicenses, leases or subleases with
respect to any asset granted to any Persons in the ordinary course of business that do not materially interfere with the business of the Companies, taken as a whole. 

(xxx)    Liens consisting of contractual obligations of a Company to consummate a sale or
other disposition that is permitted hereunder to the extent such Liens do not secure monetary obligations of the Companies to the applicable purchaser and escrow arrangements with respect to such sale or dispositions. 

(xxxi)    Liens on property or assets of a Person existing at the time such assets of such
Person are acquired or such Person is merged into or consolidated with the Borrower or any Guarantor or becomes a Subsidiary of the Borrower or any Guarantor; provided that (i) the transaction was permitted hereunder, (ii) such Lien was
not created in contemplation of such acquisition, merger, consolidation or investment, (iii) such Lien secure only the Debt assumed pursuant to such acquisition, and (iv) such Lien does not extend to any assets other than those acquired,
merged or consolidated by the other Companies. 

  
 19 

 (xxxii)    Liens attaching to cash
earnest money deposits in connection with any letter of intent or purchase agreement in respect of an Acquisition that would be permitted hereunder. 

(xxxiii)    Liens in connection with the purchase or shipping of goods or assets on the
related goods or assets and proceeds thereof in favor of the seller or shipper of such goods or assets that arise out of conditional sale, title retention or similar arrangements entered in the ordinary course of business. 

(xxxiv)    Liens on, or deposits of, cash and Cash Equivalents securing deductibles,
self-insurance, co-payment, co-insurance, retentions or similar obligations to providers of property, casualty or liability insurance in the ordinary course of business.

 “Permitted Mortgages” means any mortgage in favor of any Lender on Borrower’s premises in an aggregate
principal amount not to exceed $30,000,000. 
 “Person” means an individual, partnership, corporation (including a
business trust), joint stock company, trust, unincorporated association, joint venture or other entity, or a government or any political subdivision or agency thereof, or any trustee, receiver, custodian, or similar official. 

“Potential Default” means the occurrence of any event or the existence of any circumstance that would, upon notice or
lapse of time or both, become a Default. 
 “Preferred Stock” means the Borrower’s Class C Convertible
Preferred Stock, $1.50 par value per share. 
 “Prime Rate” means, for any day, the rate of interest announced
publicly from time to time by Administrative Agent, after taking into account such factors as Administrative Agent shall in its sole discretion deem appropriate, as its prime rate, automatically fluctuating upward and downward with and at the time
specified in each such announcement without special notice to Borrower or any other Person. However, Administrative Agent’s prime rate may (i) be one of several interest rates, (ii) serve as a basis upon which effective rates of
interest are from time to time calculated for loans referring to the prime rate, and (iii) not be Administrative Agent’s lowest lending interest rate. Administrative Agent may from time to time make various loans at rates of interest
having no relationship to such prime rate. 
 “Principal Debt” means, at any time, the unpaid principal balance of all
Borrowings under the Facility. 
 “Pro Forma Basis” means, with respect to any transaction, that such
transaction shall be deemed to have occurred as of the first day of the four-quarter period (or twelve month period, as applicable) ending as of the most recent quarter end (or month end, as applicable) preceding the date of such transaction. Each
of the terms “Pro Forma Compliance” and “Pro Forma Effect” shall have an analogous meaning. 

“Pro Rata” and “Pro Rata Part” means, when determined for any
Lender, (a) if there is no Principal Debt or LC Exposure, the proportion (stated as a percentage) that such Lender’s Committed Sum bears to the Facility Committed Sum or (b) if there is any Principal Debt or LC Exposure, the
proportion (stated as a percentage) that the sum of (i) the Principal Debt owed to such Lender and (ii) and (without duplication) the LC Exposure of such Lender, bears to the (x) aggregate Principal Debt owed to all Lenders and (y)
(without duplication) the LC Exposure of all Lenders. 

  
 20 

 “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. 
 “Purchaser” is defined in
Section 14.12(c). 
 “Qualified Acquisition” means an Acquisition,
consummated in accordance with and permitted by Section 9.8 hereof, whose purchase price (construed in its broadest sense, to include closing and future cash payments, earnouts, seller notes, debt
assumption and related consideration), when combined with the purchase price of any other such Acquisitions that closed in the twelve months prior to such Qualified Acquisition, causes the aggregate purchase prices of all such Acquisitions during
such twelve months (not including any Acquisitions that were already factored into a prior determination of a Qualified Acquisition) to individually or in the aggregate exceed $150 million, provided that, solely for the purposes of
Section 10(b), such Acquisition shall not be deemed a Qualified Acquisition unless designated as such by the Borrower in its sole discretion. 

“Qualified Issuer” means any commercial bank (a) which has capital and surplus in excess of $100,000,000 and
(b) the outstanding long term debt securities of which are rated at least A-2 by Standard & Poor’s Ratings Group, Inc. or at least P-2 by Moody’s
Investors Service, Inc., or carry an equivalent rating by a nationally recognized rating agency if both of the two named rating agencies cease publishing ratings of investments. 

“Regulation D” means Regulation D of the Board of Governors of the Federal Reserve System as the same may be amended or
supplemented from time to time. 
 “Regulation U” means Regulation U of the Board of Governors of the Federal Reserve
System as the same may be amended or supplemented from time to time. 
 “Rental Payments” means, as determined, on a
rolling twelve month basis ending on the last day of the accounting period covered by the consolidated financial statements of Borrower and its Subsidiaries, and delivered pursuant to this Agreement, (a) the dollar amount of the fixed payments
which Borrower or its Subsidiaries are required to make by the terms of any lease to its landlords during such period, including, without limitation, rentals under Capitalized Leases, but excluding, however, the sum of: (i) maintenance,
repairs, Taxes and other similar charges included in such payments, (ii) amounts constituting step rent and/or lease costs in excess of or below cash payment in accordance with GAAP, (iii) (without duplication) rentals under equipment leases
whether operating leases or Capitalized Leases, and (iv) non-cash rent expense and non-cash rent income under below-market or above-market leases (as determined in
accordance with GAAP) under which Borrower or any Subsidiary is or becomes the lessee as a result of any transaction not prohibited by this Agreement), less (b) (x) rental income and (y) amortization of deferred gains on sale-leasebacks,
such amortization not to exceed $15,000,000 for purposes hereof. 
 “Reportable Event” means an event described in
Section 4043 of ERISA excluding any such event for which the notice requirement is waived under applicable regulations of the PBGC. 

“Representatives” means representatives, officers, directors, employees, attorneys, and agents. 

“Responsible Officer” means the chairman, president, senior vice-president, executive vice-president, chief executive
officer, treasurer, or chief financial officer of Borrower. 

  
 21 

 “Rights” means rights, remedies, powers, privileges, and benefits.

 “Sanction” means any sanction or trade embargo imposed, administered or enforced by the United States Government
(including, without limitation, OFAC), the United Nations Security Council, the European Union, Her Majesty’s Treasury (“HMT”) or other relevant sanctions authority. 

“Secured Obligation Designation Notice” means a notice substantially in the form of Exhibit I
executed and delivered to the Administrative Agent by a counterparty (other than the Administrative Agent and its Affiliates) to a Financial Hedge agreement or an agreement to provide Cash Management Services in order that the obligations in respect
thereof constitute Hedging Obligations or Cash Management Obligations. 
 “Security Agreement” means the Security
Agreement dated as of the Initial Closing Date between Borrower, each Guarantor and Administrative Agent, as amended, supplemented, modified or restated from time to time. 

“Security Documents” means, collectively, the Security Agreement, any Collateral Assignment, any Negative Pledge
Agreement, any Equity Pledge Agreement and each other security agreement, pledge agreement, other negative pledge agreement, mortgage, deed of trust, or other agreement or document, together with all related financing statements and stock powers, in
form and substance satisfactory to Administrative Agent and its legal counsel, from time to time executed and delivered by any Person in connection with this Agreement to create a Lender Lien on any of its real or personal property, as each may be
amended, supplemented, modified or restated from time to time. 
 “Sold Entity or Business” means any
Person or any property or assets constituting a line of business or a division of a Person Disposed of in a transaction permitted hereunder by the Borrower or any of its Subsidiaries. 

“Solvent” means, as to a Person, that (a) the aggregate fair market value of its assets exceeds its liabilities;
(b) it has sufficient cash flow to enable it to pay its Debts as they mature; and (c) it does not have unreasonably small capital to conduct its businesses. 

“Subsidiary” means, as it relates to any Person, any entity of which at least 50% (in number of votes) of the stock (or
equivalent interests) is owned of record or beneficially, directly or indirectly, by that Person. 
 “Swing Line
Borrowing” means any Borrowing under the Swing Line Subfacility. 
 “Swing Line Exposure” means,
at any time, the aggregate principal amount at such time of the outstanding Swing Line Borrowings. 
 “Swing Line Maturity
Date” means the earlier of (a) April 25, 2024 or (b) the date of the acceleration of maturity of the Swing Line Subfacility in accordance with Section 12. 

“Swing Line Note” means a promissory note substantially in the form of the attached Exhibit B, as amended,
supplemented, and restated. 
 “Swing Line Subfacility” means the facility under the Facility described in
Section 2.4. 
 “Taxes” means, for any Person, taxes, assessments or
other governmental charges or levies imposed upon it, its income, or any of its properties, franchises, or assets. 

  
 22 

 “Tribunal” means any (a) local, state, or federal judicial,
executive, or legislative instrumentality; (b) private arbitration board or panel having binding authority with respect to any party to be bound thereby pursuant to a written agreement entered into by such party; or (c) central bank. 

“Type” means any type of Borrowing determined with respect to the applicable interest option. 

“UCP” means the Uniform Customs and Practices for Documentary Credit (1993 version), International Chamber of Commerce
Publication No. 500 (as amended or modified from time to time). 
 “USA Patriot Act” means the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), as amended. 

“Write-Down and Conversion Powers” means, with respect to any EEA Resolution Authority, the write-down and conversion
powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule. 
 1.2    Number and Gender of Words. The
singular includes the plural where appropriate and vice versa, and words of any gender include each other gender where appropriate. 

1.3    Accounting Principles. Unless otherwise stated, (a) GAAP determines all accounting and financial terms
and compliance with financial covenants; (b) all accounting principles applied in a current period must be consistent in all material respects with those applied during the preceding comparable period, unless the change is required by GAAP;
provided however, if the Borrower wishes to change an accounting principle that is not consistent with that applied during the preceding comparable period, and is not required under GAAP, such change shall not be effective unless (i) the
Borrower shall have objected in writing to determining such compliance on such basis within ten (10) days of delivery to the Administrative Agent of the financial statements relating to such period, or (ii) the Majority Lenders shall so
object in writing within thirty (30) days after receipt of such financial statements, in either of which events such calculations shall be made on a basis consistent with those used in the preparation of the latest financial statements as to
which such objection shall not have been made (which, if objection is made in respect of the first financial statements delivered under Section 8.1 hereof, shall mean the Current Financials); and
(c) the Borrower shall deliver to the Administrative Agent at the same time as the delivery of any annual or quarterly financial statement under Section 8.1 hereof (i) a description in
reasonable detail of any material variation between the application of accounting principles employed in the preparation of such statement and the application of accounting principles employed in the preparation of the next preceding annual or
quarterly financial statements as to which no objection has been made in accordance with the proviso of subparagraph (b) above and (ii) reasonable estimates of the difference between such statements arising as a consequence thereof.
Notwithstanding the foregoing to the contrary, for changes which are required under GAAP where GAAP does not require restatement or pro forma disclosure of the impact of the change on prior periods, the impact of the change on prior periods will
only be disclosed if reasonably practical to estimate. Furthermore, if at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth herein, such ratio or requirement shall continue to be computed in
accordance with GAAP prior to such change therein. 

  
 23 

 
If either Borrower or Majority Lenders shall so request, Administrative Agent and Borrower shall negotiate in good faith to amend such ratio or requirement to give effect to such change in GAAP.
If Administrative Agent and Borrower agree on such amendment, Administrative Agent shall notify Lenders and distribute such amendment to Lenders and unless Majority Lenders object in writing within ten (10) Business Days of the date such notice
is delivered to Lenders, such amendment shall become effective in accordance with its terms automatically, without any further action on the part of Borrower, Administrative Agent or Lenders; provided that, until so amended, the Financial Statements
required to be delivered by Borrower to Administrative Agent and Lenders pursuant to Section 8.1 hereof shall be accompanied by a reconciliation between calculations of such ratio or requirement made
before and after giving effect to such change in GAAP. 
 1.4    Interest. The Administrative Agent does not
warrant, nor accept responsibility, nor shall the Administrative Agent have any liability with respect to the administration, submission or any other matter related to the rates in the definition of “LIBOR Rate” or with respect to any
comparable or successor rate thereto. 
 SECTION 2.    COMMITMENT. 

2.1    The Facility. Subject to the provisions in the Loan Papers, each Lender severally and not
jointly agrees to lend to Borrower its Pro Rata Part of one or more Borrowings under the Facility which Borrower may borrow, repay, and reborrow under this Agreement: 

(a)    Each Borrowing under the Facility must occur on a Business Day and no later than the Business Day
immediately preceding the Facility Maturity Date; 
 (b)    Each Borrowing must be in an amount not less
than (i) $1,000,000 or a greater integral multiple of $100,000 (if an ABR Borrowing other than a Swing Line Borrowing or an ABR Borrowing the proceeds of which are used to repay a Swing Line Borrowing) or (ii) $2,000,000 or a greater integral
multiple of $100,000 (if a LIBOR Rate Borrowing); and 
 (c)    When determined, (i) the Facility
Commitment Usage may not exceed the Facility Committed Sum and (ii) no Lender’s Commitment Usage may exceed such Lender’s Committed Sum. 

2.2    Borrowing Procedure. The following procedures apply to Borrowings other than Swing Line
Borrowings (see Section 2.4) and drawings under an LC (see Section 2.3): 

(a)    Borrower may request a Borrowing by submitting to Administrative Agent a Borrowing Request. The
Borrowing Request must be received by Administrative Agent no later than (i) 12:00 noon on the third Business Day preceding the Borrowing Date for any LIBOR Rate Borrowing or (ii) 11:00 a.m. on the Borrowing Date for any ABR Borrowing.
Administrative Agent shall promptly notify each Lender of its receipt of any Borrowing Request and its contents. A Borrowing Request is irrevocable and binding on Borrower. 

  
 24 

 (b)    By 2:00 p.m. on the applicable Borrowing Date,
each Lender shall remit its Pro Rata Part of each requested Borrowing by wire transfer to Administrative Agent pursuant to Administrative Agent’s wire transfer instructions on Schedule 1 (or as otherwise directed by Administrative
Agent) in funds that are available for immediate use by Administrative Agent. Subject to receipt of such funds, Administrative Agent shall make such funds available to Borrower as directed in the Borrowing Request (unless Administrative Agent has
actual knowledge that any applicable condition precedent has not been satisfied by Borrower and has not been waived by Majority Lenders). 

(c)    Absent contrary written notice from a Lender, Administrative Agent may assume that each Lender has
made its Pro Rata Part of the requested Borrowing available to Administrative Agent on the applicable Borrowing Date, and Administrative Agent may, in reliance upon such assumption (but is not required to), make available to Borrower a corresponding
amount. If a Lender fails to make its Pro Rata Part of any requested Borrowing available to Administrative Agent on the applicable Borrowing Date, Administrative Agent may recover the applicable amount on demand (i) from that Lender, together
with interest at the Federal Funds Effective Rate for the period commencing on the date the amount was made available to Borrower by Administrative Agent and ending on (but excluding) the date Administrative Agent recovers the amount from that
Lender or (ii) if that Lender fails to pay its amount upon demand, then from Borrower, together with interest at an annual interest rate equal to the rate applicable to the requested Borrowing for the period commencing on the Borrowing Date and
ending on (but excluding) the date Administrative Agent recovers the amount from Borrower. No Lender is responsible for the failure of any other Lender to make its Pro Rata Part of any Borrowing. 

2.3    LC Subfacility. 

(a)    Subject to the terms and conditions of this Agreement and applicable Law, Administrative Agent
agrees to issue LCs under the Facility upon Borrower’s delivery of an LC Request and a duly executed LC Agreement, each of which must be received by Administrative Agent no later than 12:00 noon on the third Business Day before the requested LC
is to be issued; provided that the LC Exposure may not exceed $80,000,000 and the Facility Commitment Usage may not exceed the Facility Commitment Sum. Each LC must expire no later than the earlier (i) of five (5) days before the Facility
Maturity Date and (ii) one (1) year after such LCs issuance (provided that, LCs may, if so requested by Borrower, be self-extending for up to one additional year with up to one hundred twenty (120) days cancellation notice, but in no event
shall the expiration extend beyond the date contemplated by Section 2.3(a)(i)). 

(b)    Immediately upon Administrative Agent’s issuance of any LC, Administrative Agent shall be
deemed to have sold and transferred to each other Lender, and each other Lender shall be deemed irrevocably and unconditionally to have purchased and received from Administrative Agent, without recourse or warranty, an undivided interest and
participation (to the extent of such Lender’s Pro Rata Part of the Facility Commitment Sum) in the LC and all applicable Rights of Administrative Agent in the LC (other than Rights to receive certain fees provided for in
Section 4.2). Administrative Agent agrees to provide a copy of each LC to each other Lender promptly after issuance. However, Administrative Agent’s failure to promptly send to Lenders a copy of an
issued LC shall not affect the rights and obligations of Administrative Agent and Lenders under this Agreement. 

  
 25 

 (c)    To induce Administrative Agent to issue and
maintain LCs, and to induce Lenders to participate in issued LCs, Borrower agrees to pay or reimburse Administrative Agent (i) within one (1) Business Day after Borrower receives notice from Administrative Agent that any draft or draw
request has been properly presented under any LC, or, if the draft or draw request is for payment at a future date, within one (1) Business Day before the payment date specified in the draw request, the amount paid or to be paid by
Administrative Agent and (ii) promptly, upon demand, the amount of any additional fees Administrative Agent customarily charges for the application and issuance of an LC, for confirming, negotiating or amending LC Agreements, for honoring
drafts and draw requests, and taking similar action in connection with letters of credit. If Borrower does not timely pay or reimburse Administrative Agent for any drafts or draw requests paid or to be paid, Administrative Agent shall fund
Borrower’s reimbursement obligations as an ABR Borrowing, Pro Rata among the Lenders, under the Facility and the proceeds of the ABR Borrowing shall be advanced directly to Administrative Agent to pay Borrower’s unpaid reimbursement
obligations. If funds cannot be advanced under the Facility for the immediately preceding sentence to fund the reimbursement obligations as a Borrowing under the Facility, then Borrower’s reimbursement obligation shall constitute a demand
obligation. Borrower’s reimbursement obligations shall accrue interest (x) at the ABR plus the Applicable Margin from the date Administrative Agent pays the applicable draft or draw request through the date Administrative Agent is paid or
reimbursed by Borrower and, (y) if funds are not advanced under the Facility, at the Default Rate from the date Administrative Agent pays the applicable draft or draw request through the date Administrative Agent is paid or reimbursed by
Borrower. Borrower’s obligations under this Section 2.3(c) are absolute and unconditional under any and all circumstances and irrespective of any setoff, counterclaim or defense to payment that
Borrower may have at any time against Administrative Agent or any other Person (including any arising in connection with (x) any proceeding under any Debtor Relief Law or (y) any Bail-In Action).
Administrative Agent shall promptly distribute reimbursement payments received from Borrower to all Lenders according to their Pro Rata Part of the Facility Commitment Sum. 

(d)    Administrative Agent shall promptly notify Borrower of the date and amount of any draft or draw
request presented for honor under any LC (but failure to give notice will not affect Borrower’s obligations under this Agreement). Administrative Agent shall pay the requested amount upon presentment of a draft or draw request unless
presentment on its face does not comply with the terms of the applicable LC. When making payment, Administrative Agent may disregard (i) any default or potential default that exists under any other agreement and (ii) obligations under any
other agreement that have or have not been performed by the beneficiary or any other Person (and Administrative Agent is not liable for any of those obligations). Borrower’s reimbursement obligations to Administrative Agent and Lenders, and
each Lender’s obligations to Administrative Agent, under this Section 2.3 are absolute and unconditional irrespective of, and Administrative Agent is not responsible for, (1) the validity,
enforceability, sufficiency, accuracy, or genuineness of documents or endorsements (even if they are in any respect invalid, unenforceable, insufficient, inaccurate, fraudulent, or forged), (2) any dispute by any Company with or any Company’s
claims, setoffs, defenses, counterclaims, or other Rights against Administrative Agent, any Lender, or any other Person, or (3) the occurrence of any Potential Default or Default. 

  
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 (e)    If Borrower fails to reimburse Administrative
Agent as provided in Section 2.3(c) and funds are not advanced under the Facility to satisfy the reimbursement obligations, Administrative Agent shall promptly notify each Lender of Borrower’s
failure, of the date and amount paid, and of each Lender’s Pro Rata Part of the unreimbursed amount. Each Lender shall promptly and unconditionally make available to Administrative Agent in immediately available funds its Pro Rata Part of the
unpaid reimbursement obligation. Such funds are due and payable to Administrative Agent before the close of business on (i) the Business Day Administrative Agent gives notice to each Lender of Borrower’s reimbursement failure if the notice
is received by a Lender before 2:00 p.m. in the time zone where such Lender’s office listed on Schedule 1 is located, or (ii) on the next succeeding Business Day after the Business Day Administrative Agent gives notice to
each Lender of Borrower’s reimbursement failure, if notice is received after 2:00 p.m. in the time zone where such Lender’s office listed on Schedule 1 is located. All amounts payable by any Lender accrue interest at the
Federal Funds Effective Rate from the day the applicable draft or draw is paid by Administrative Agent to (but not including) the date the amount is paid by the Lender to Administrative Agent. 

(f)    Borrower acknowledges that each LC is deemed issued upon delivery to the beneficiary or Borrower.
If Borrower requests that any LC be delivered to Borrower rather than the beneficiary, and Borrower subsequently cancels that LC, Borrower agrees to return it to Administrative Agent together with Borrower’s written certification that it has
never been delivered to the beneficiary. If any LC is delivered to the beneficiary under Borrower’s instructions, Borrower’s cancellation is ineffective without Administrative Agent’s receipt of the LC and the beneficiary’s
written consent to the cancellation. 
 (g)    Administrative Agent agrees with each Lender that it will
examine all documents with reasonable care to ascertain that each appears on its face to be in accordance with the terms and conditions of the LC. Each Lender and Borrower agree that, in paying any draft or draw under any LC, Administrative Agent
has no responsibility to obtain any document (other than any documents expressly required by the respective LC) or to ascertain or inquire as to any document’s validity, enforceability, sufficiency, accuracy, or genuineness or the authority of
any Person delivering it. Neither Administrative Agent nor its Representatives will be liable to any Lender or any Company for any LCs use or for any beneficiary’s acts or omissions. Any action, inaction, error, delay, or omission taken or
suffered by Administrative Agent or any of its Representatives in connection with any LC, applicable draws, drafts, or documents, or the transmission, dispatch, or delivery of any related message or advice, if in conformity with applicable Laws and
in accordance with the standards of care specified in the UCP, is binding upon the Companies and Lenders. Administrative Agent is not liable to any Company or any Lender for any action taken or omitted by Administrative Agent or it’s
Representative in connection with any LC in the absence of gross negligence or willful misconduct. 

(h)    On the Facility Maturity Date, upon a termination under
Section 2.5, during the continuance of a Default under Section 11.3, or upon any demand by Administrative Agent during the continuance of any other
Default, Borrower shall provide to Administrative Agent, for the benefit of Lenders, cash collateral in an amount equal to the then-existing LC Exposure. Any cash collateral provided by Borrower to Administrative Agent in accordance with this
Section 2.3(h) shall be deposited by Administrative Agent in an interest bearing cash collateral account maintained with Administrative Agent at the office of Administrative Agent and invested in
obligations issued or guaranteed by the United States and, upon the surrender of any LC, Administrative Agent shall deliver the appropriate funds on deposit in such collateral account to Borrower together with interest accrued on such funds. 

  
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 (i)    BORROWER SHALL PROTECT, INDEMNIFY, PAY, AND SAVE
ADMINISTRATIVE AGENT, EACH LENDER AND THEIR RESPECTIVE REPRESENTATIVES HARMLESS FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, LIABILITIES, DAMAGES, LOSSES, COSTS, CHARGES AND EXPENSES (INCLUDING REASONABLE ATTORNEYS’ FEES) WHICH ANY OF THEM MAY
INCUR OR BE SUBJECT TO AS A CONSEQUENCE OF THE ISSUANCE OF ANY LC, ANY DISPUTE ABOUT IT, ANY CANCELLATION OF ANY LC BY BORROWER, OR THE FAILURE OF ADMINISTRATIVE AGENT TO HONOR A DRAFT OR DRAW REQUEST UNDER ANY LC AS A RESULT OF ANY ACT OR OMISSION
(WHETHER RIGHT OR WRONG) OF ANY PRESENT OR FUTURE TRIBUNAL. HOWEVER, NO PERSON IS ENTITLED TO INDEMNITY UNDER THE FOREGOING FOR ITS OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, AS DETERMINED BY A COURT OF COMPETENT JURISDICTION BY FINAL AND
NONAPPEALABLE JUDGMENT. THE PROVISIONS OF AND UNDERTAKINGS AND INDEMNIFICATION SET FORTH IN THIS PARAGRAPH SHALL SURVIVE THE SATISFACTION AND PAYMENT OF THE OBLIGATION AND TERMINATION OF THIS AGREEMENT. 

(j)    Although referenced in any LC, terms of any particular agreement or other obligation to the
beneficiary are not incorporated into this Agreement in any manner. The fees and other amounts payable with respect to each LC are as provided in this Agreement, drafts and draws under each LC are part of the Obligation, and the terms of this
Agreement control any conflict between the terms of this Agreement and any LC Agreement. 

2.4    Swing Line Subfacility. 

(a)    For the convenience of the parties, the Administrative Agent, solely for its own account, may make
any requested Borrowing of not less than $500,000 (or a greater integral multiple of $100,000) directly to Borrower as a Swing Line Borrowing without requiring each other Lender to fund its Pro Rata Part thereof unless and until
Section 2.4(c) is applicable. Swing Line Borrowings are subject to the following conditions: 

(i)    Each Swing Line Borrowing must occur on a Business Day before the Swing Line
Maturity Date; 
 (ii)    When determined, (x) the aggregate Swing Line Exposure
outstanding may not exceed $10,000,000 and (y) the Facility Commitment Usage may not exceed the Facility Committed Sum; 

(iii)    On any date when Borrowings equal to or in excess of $10,000,000 are funded under
the Facility, all or a portion of the proceeds of those Borrowings shall be used to repay in full all indebtedness then outstanding under the Swing Line Subfacility; 

(iv)    Each Swing Line Borrowing is deemed an ABR Borrowing; and 

  
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 (v)    Each Borrowing under the Swing
Line Subfacility is available and may be prepaid on same-day telephonic notice from Borrower to Administrative Agent, if notice is received by Administrative Agent before 11:00 a.m. 

(b)    Each Swing Line Borrowing shall be repaid on the earlier of (i) the date that is five Business
Days after the making of such Swing Line Borrowing and (ii) the Swing Line Maturity Date. 

(c)    If (i) any Swing Line Borrowing remains outstanding at 12:00 noon on the Business Day
immediately prior to the Business Day on which Swing Line Borrowings are due and payable pursuant to Section 2.4(b) and by such time Administrative Agent shall not have received a Borrowing Request from
Borrower pursuant to Section 2.2 requesting an ABR Borrowing on the following Business Day in an amount at least equal to the aggregate principal amount of such Swing Line Borrowings or (ii) any
Swing Line Borrowing remains outstanding during the existence of a Potential Default or a Default, Administrative Agent shall be deemed to have received a Borrowing Request from Borrower pursuant to
Section 2.2 requesting an ABR Borrowing on such following Business Day in an amount equal to the aggregate amount of such Swing Line Borrowings; provided that such ABR Borrowing shall be made
notwithstanding Borrower’s failure to comply with Section 6.2. Notwithstanding the foregoing, if an ABR Borrowing becomes legally impractical, Administrative Agent shall promptly notify each Lender
of Borrower’s failure to pay such Swing Line Borrowings and the unpaid amount of such Swing Line Borrowings. No later than the close of business on the date Administrative Agent gives notice (if notice is given before 12:00 noon on any Business
Day, or, if made at any other time, on the next Business Day following the date of notice), each Lender shall irrevocably and unconditionally purchase and receive from Administrative Agent a ratable participation in such Swing Line Borrowings and
shall make available to Administrative Agent in immediately available funds its Pro Rata Part of such unpaid amount, together with interest from the date when its payment was due to, but not including, the date of payment, at the Federal Funds
Effective Rate. If a Lender does not promptly pay its amount upon Administrative Agent’s demand, and until such Lender makes the required payment, Administrative Agent is deemed to continue to have outstanding a Swing Line Borrowing in the
amount of such Lender’s unpaid obligation. Borrower shall make each payment of all or any part of any Swing Line Borrowing to Administrative Agent for the ratable benefit of Administrative Agent and those Lenders who have funded their
participations in Swing Line Borrowings under this Section 2.4(c) (but all interest accruing on Swing Line Borrowings before the funding date of any participation is payable solely to Administrative
Agent for its own account). 
 2.5    Termination. Without premium or penalty, and upon giving at least ten
(10) Business Days prior written and irrevocable notice to Administrative Agent, Borrower may terminate all or part of the unused portion of the Facility Committed Sum. Each partial termination must be in an amount of not less than $5,000,000
or a greater integral multiple of $1,000,000, and shall be Pro Rata among all Lenders. Once terminated in full, the Facility Committed Sum may not be increased or reinstated. 

  
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 2.6    Optional Increase in Facility Committed Sum. 

(a)    At any time prior to the Facility Maturity Date, Borrower may, by notice to Administrative Agent
(which shall promptly notify Lenders) request an increase in the Facility Committed Sum. Such notice shall set forth the requested amount of the increase in the Facility Committed Sum and the date on which such increase is to become effective (which
shall be not fewer than twenty days after the date of such notice), and shall offer each Lender the opportunity to increase its Committed Sum. Each Lender shall, by notice to Borrower and Administrative Agent given not more than ten Business Days
after the date of Borrower’s notice, either agree to increase its Committed Sum or decline to increase its Committed Sum (and any Lender that does not deliver such a notice within such period of ten Business Days shall be deemed to have
declined to increase its Committed Sum). In the event that Lenders agree to increase their Committed Sums by an aggregate amount equal to or greater than the increase in the Facility Committed Sum requested by Borrower, then the increase will be
allocated among Lenders in accordance with their Pro Rata Parts, based on the Facility Commitment Sum on the date of Borrower’s notice of the requested increase in the Facility Committed Sum. In the event that, on the tenth Business Day after
Borrower shall have delivered a notice pursuant to the first sentence of this paragraph, Lenders shall have agreed pursuant to the preceding sentence to increase their Committed Sums by an aggregate amount less than the increase in the Facility
Committed Sum requested by Borrower, Borrower shall have the right to agree with one or more existing Lenders that such Lender’s or Lenders’ Committed Sums shall be increased, or to designate one or more financial institutions not
theretofore a Lender to become a Lender (such designation to be effective only with the prior written consent of Administrative Agent, which consent will not be unreasonably withheld or delayed). Upon execution and delivery by the Borrower and such
Lender or other financial institution of an instrument in form reasonably satisfactory to Administrative Agent, such existing Lender shall have a Committed Sum as therein set forth or such other financial institution shall become a Lender with a
Committed Sum as therein set forth and all the rights and obligations of a Lender with a Committed Sum hereunder; provided that: 

(i)    no Potential Default or Default shall have occurred and be continuing or result
therefrom; 
 (ii)    the aggregate amount of all increases on the Facility Committed Sum
pursuant to this Section 2.6(a) shall not exceed $250,000,000; 

(iii)    the Committed Sum of each such other financial institution shall be not less than
$15,000,000; and 
 (iv)    immediately after such increase is made, the Facility
Committed Sum shall not exceed $850,000,000. 
 (b)    Upon any increase in the Facility Committed Sum
pursuant to Section 2.6(a), Lenders shall on the effective date of such increase, at the direction of Administrative Agent, make appropriate adjustments among themselves in order to ensure that the
amount (and Type) of the Borrowings outstanding to Borrower from each Lender under this Agreement (as of the effective date of such increase) are proportionate to Lenders’ respective Pro Rata Part, after giving effect to any increase of the
Committed Sum of any Lender and to any Committed Sum of any additional financial institution. 

  
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 SECTION 3.    TERMS OF PAYMENT. 

3.1    Notes and Payments. 

(a)    Notes. 

(i)    The Principal Debt shall be evidenced by the Facility Notes, one payable to each
Lender in the stated principal amount of its Committed Sum for the Facility. 

(ii)    Principal Debt under the Swing Line Subfacility shall be evidenced by a Swing Line
Note payable to the Administrative Agent in the stated principal amount of $10,000,000. 

(b)    Payments Generally. Borrower must make each payment and prepayment on the Obligation,
without offset, counterclaim, or deduction, to Administrative Agent’s principal office in Boston, Massachusetts, in funds that will be available for immediate use by Administrative Agent by 12:00 noon on the day due. Payments received after
such time shall be deemed received on the next Business Day. Administrative Agent shall pay to each Lender any payment to which that Lender is entitled on the same day Administrative Agent receives the funds from Borrower if Administrative Agent
receives the payment or prepayment before 12:00 noon, and otherwise before 12:00 noon on the following Business Day. If and to the extent that Administrative Agent does not make payments to Lenders when due, unpaid amounts shall accrue interest at
the Federal Funds Effective Rate from the due date until (but not including) the payment date. 
 3.2    Interest and
Principal Payments. 
 (a)    Interest Payments. Accrued interest on each LIBOR Rate Borrowing
is due and payable on the last day of its respective Interest Period. If any Interest Period with respect to a LIBOR Rate Borrowing is a period greater than three (3) months, then accrued interest is also due and payable on the date three
(3) months after the commencement of the Interest Period. Accrued interest on each ABR Borrowing is due and payable on each March 31, June 30, September 30 and December 31 of each year during the term hereof and on the
Facility Maturity Date. 
 (b)    Principal Payments. The Principal Debt is due and payable on
the Facility Maturity Date. 
 (c)    Mandatory Prepayments of Proceeds. Not later than the 5th Business Day following the date of receipt of the applicable proceeds described below in this Section 3.2(c), the following amounts shall be applied to
prepay the Principal Debt (which prepayment shall not result in a corresponding permanent reduction of the Facility Committed Sum): 

(i)    100% of the net cash proceeds of any sale or other disposition by the Borrower or
any of its subsidiaries of any assets (except for sales and other dispositions permitted under Section 9.10) in excess of $70,000,000 (excluding any sale or other disposition the net cash proceeds of
which were previously used to make a mandatory prepayment under this clause (i)) in the aggregate from the Closing Date to the date of such sale or other disposition. 

  
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 (d)    Mandatory Prepayment. If (i) the
Facility Commitment Usage ever exceeds the Facility Committed Sum or (ii) Borrower’s property becomes the subject of a casualty or condemnation, the net cash proceeds of which exceed $5,000,000 in the aggregate in any Fiscal Year, then
Borrower shall prepay (1) the Principal Debt under the Facility in at least the amount of the excess described in (i) above, and (2) the Principal Debt under the Facility by the amount of proceeds of casualty or condemnation described
in (ii) above, together with (x) all accrued and unpaid interest on the principal amount so prepaid and (y) any resulting Funding Loss; provided, however, that (A) Borrower shall not be required to make any prepayment required by
this Section 3.2(d) until the last day of the Interest Period with respect to such Principal Debt so long as an amount equal to such prepayment is deposited by Borrower in a cash collateral account with
Administrative Agent to be held in such account on terms reasonably satisfactory to Administrative Agent and (B) such prepayment shall not result in a corresponding permanent reduction of the Facility Committed Sum. 

(e)    Voluntary Prepayment. Borrower may voluntarily repay or prepay all or any part of the
Principal Debt at any time without premium or penalty, subject to the following conditions: 

(i)    Administrative Agent must receive Borrower’s written payment notice by (A)
12:00 noon on the third Business Day preceding the date of payment of a LIBOR Rate Borrowing and (B) 11:00 a.m. on the date of payment of an ABR Borrowing which shall specify the payment date, the facility or the subfacility under this Agreement
being paid and the Type and amount of the Borrowing(s) to be paid, and which shall constitute an irrevocable and binding obligation of Borrower to make a repayment or prepayment on the designated date; 

(ii)    each partial repayment or prepayment must be in a minimum amount of at least
$2,000,000 or a greater integral multiple of $100,000 (if a LIBOR Rate Borrowing), or $1,000,000 or a greater integral multiple of $100,000 (if an ABR Borrowing other than under the Swing Line Subfacility) or $250,000 or a greater multiple (if a
Borrowing under the Swing Line Subfacility); 
 (iii)    all accrued interest on the
portion of the Obligation being prepaid must also be paid in full on the date of payment; and 

(iv)    Borrower shall pay any related Funding Loss upon demand. 

3.3    Interest Options. 

(a)    Except as specifically otherwise provided, Borrowings bear interest at an annual rate equal to the
lesser of (i) the ABR plus the Applicable Margin or the LIBOR Rate plus the Applicable Margin (in each case as designated or deemed designated by Borrower and, in the case of LIBOR Rate Borrowings, for the Interest Period designated by
Borrower), as the case may be, and (ii) the Maximum Rate. Each change in the ABR and Maximum Rate is effective, without notice to Borrower or any other Person, upon the effective date of change. 

  
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 (b)    Notwithstanding any contrary provision hereof, if
a Default has occurred and is continuing and Administrative Agent, at the request of Majority Lenders, so notifies Borrower, then, so long as a Default is continuing, (i) no outstanding Borrowing may be made as, converted to or continued as a
LIBOR Rate Borrowing and (ii) unless repaid, each LIBOR Rate Borrowing shall be converted to an ABR Borrowing at the end of the Interest Period applicable thereto. 

3.4    Quotation of Rates. A Responsible Officer of Borrower may call Administrative Agent before delivering a
Borrowing Request to receive an indication of the interest rates then in effect, but the indicated rates do not bind Administrative Agent or Lenders or affect the interest rate that is actually in effect when Borrower delivers its Borrowing Request
or on the Borrowing Date. 
 3.5    Default Rate. If permitted by Law, at the request of the Majority Lenders, at
any time a Default has occurred and is continuing, all past-due Principal Debt, Borrower’s past-due payment and reimbursement obligations in connection with LCs,
and past-due interest accruing on any of the foregoing, shall bear interest at the Default Rate until paid, regardless whether payment is made before or after entry of a judgment. 

3.6    Interest Recapture. If the designated interest rate applicable to any Borrowing exceeds the Maximum Rate,
the interest rate on that Borrowing is limited to the Maximum Rate, but, to the extent permitted by applicable Laws, any subsequent reductions in the designated rate shall not reduce the interest rate thereon below the Maximum Rate until the total
amount of accrued interest equals the amount of interest that would have accrued if that designated rate had always been in effect. If at maturity (stated or by acceleration), or at final payment of the Notes, the total interest paid or accrued is
less than the interest that would have accrued if the designated rates had always been in effect, then, at that time and to the extent permitted by applicable Law, Borrower shall pay an amount equal to the difference between (a) the lesser of
the amount of interest that would have accrued if the designated rates had always been in effect and the amount of interest that would have accrued if the Maximum Rate had always been in effect, and (b) the amount of interest actually paid or
accrued on the Notes. 
 3.7    Interest Calculations. 

(a)    Interest hereunder shall be calculated on the basis of a year of 360 days, except that interest
computed by reference to the ABR at times when the ABR is based on the Prime Rate shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including
the first day but excluding the last day). All interest rate determinations and calculations by Administrative Agent are conclusive and binding absent manifest error. 

(b)    The provisions of this Agreement relating to calculation of the ABR and LIBOR Rates are included
only for the purpose of determining the rate of interest or other amounts to be paid under this Agreement that are based upon those rates. 

3.8    Maximum Rate. Regardless of any provision contained in any Loan Paper or any document related thereto, it is
the intent of the parties to this Agreement that neither 

  
 33 

 
Administrative Agent nor any Lender contract for, charge, take, reserve, receive, or apply as interest on all or any part of the Obligation any amount in excess of the Maximum Rate or the Maximum
Amount or receive any unearned interest in violation of any applicable Law, and, if Lenders ever do so, then any excess shall be treated as a partial repayment or prepayment of principal and any remaining excess shall be refunded to Borrower. In
determining if the interest paid or payable exceeds the Maximum Rate, Borrower and Lenders shall, to the maximum extent permitted under applicable Law, (a) treat all Borrowings as but a single extension of credit (and Lenders and Borrower agree
that is the case and that provision in this Agreement for multiple Borrowings is for convenience only); (b) characterize any nonprincipal payment as an expense, fee or premium rather than as interest; (c) exclude voluntary repayments or
prepayments and their effects; and (d) amortize, prorate, allocate, and spread the total amount of interest throughout the entire contemplated term of the Obligation. However, if the Obligation is paid in full before the end of its full
contemplated term, and if the interest received for its actual period of existence exceeds the Maximum Amount, Lenders shall refund any excess (and Lenders may not, to the extent permitted by Law, be subject to any penalties provided by any Laws for
contracting for, charging, taking, reserving, or receiving interest in excess of the Maximum Amount). 

3.9    Interest Periods. When Borrower requests any LIBOR Rate Borrowing, Borrower may elect the applicable
interest period (each an “Interest Period”), which may be, at Borrower’s option, one (1), two (2), three (3), or six (6) months for LIBOR Rate Borrowings, subject to the following conditions: (a) the initial
Interest Period for a LIBOR Rate Borrowing commences on the applicable Borrowing Date or conversion date, and each subsequent Interest Period applicable to any Borrowing commences on the day when the next preceding applicable Interest Period
expires; (b) if any Interest Period for a LIBOR Rate Borrowing begins on a day for which there exists no numerically corresponding Business Day in the calendar month at the end of the Interest Period (“Ending Calendar
Month”), then the Interest Period ends on the next succeeding Business Day of the Ending Calendar Month, unless there is no succeeding Business Day in the Ending Calendar Month in which case the Interest Period ends on the next
preceding Business Day of the Ending Calendar Month; (c) no Interest Period for any portion of Principal Debt may extend beyond the scheduled repayment date for that portion of Principal Debt; and (d) there may not be in effect at any one
time more than six (6) Interest Periods under the Facility. 
 3.10    Conversions. Subject to
Section 3.3(b), Borrower may (a) on the last day of the applicable Interest Period convert all or part of a LIBOR Rate Borrowing to an ABR Borrowing; (b) at any time convert all or part of an
ABR Borrowing to a LIBOR Rate Borrowing; and (c) elect a new Interest Period for a LIBOR Rate Borrowing. Any such conversion is subject to the dollar limits and denominations of Section 2.1 and may
be accomplished by delivering a Conversion Request to Administrative Agent no later than (i) 12:00 noon on the third Business Day before the conversion date for conversion to a LIBOR Rate Borrowing and the last day of the Interest Period, for the
election of a new Interest Period, and (ii) 11:00 a.m. on the last day of the Interest Period for conversion to an ABR Borrowing. Absent Borrower’s notice of conversion or election of a new Interest Period, a LIBOR Rate Borrowing shall be
converted to an ABR Borrowing when the applicable Interest Period expires. 

  
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 3.11    Order of Application. 

(a)    If no Default or Potential Default exists, any payment shall be applied to the Obligation in the
order and manner as provided in this Agreement. 
 (b)    If a Default or Potential Default exists, any
payment (including proceeds from the exercise of any Rights) shall be applied in the following order: (i) to all fees and expenses for which Administrative Agent or Lenders have not been paid or reimbursed in accordance with the Loan Papers
(and if such payment is less than all unpaid or unreimbursed fees and expenses, then the payment shall be paid against unpaid and unreimbursed fees and expenses in the order of incurrence or due date); (ii) to accrued interest on the Principal Debt;
(iii) to the Principal of Debt outstanding under the Swing Line Subfacility; (iv) to any LC reimbursement obligations that are due and payable and that remain unfunded by any Borrowing under the Facility; (v) ratably, (I) to the
Principal Debt, (II) to Administrative Agent, as a deposit for the benefit of Lenders, as security for and payment of any subsequent LC reimbursement obligations, (III) ratably, to Hedging Obligations and (IV) ratably, to obligations
of Borrower or any Company to any Lender (or its applicable Affiliate that provided such services) in respect of Cash Management Obligations; and (vi) the balance, if any, after the Obligation, Hedging Obligations, Cash Management Obligations
and such other obligations, including other banking services, have been indefeasibly paid in full, to Borrower or as otherwise required by Law, provided, however, that (A) with respect to any Guarantor, no proceeds of any guarantee made by such
Guarantor and no proceeds of the Collateral of such Guarantor shall be applied to any Excluded Hedging Obligation of such Guarantor, and (B) after giving effect to clause (A), any remaining proceeds shall be reallocated in order to effect a
ratable distribution among the Administrative Agent and Lenders, as described above. 
 3.12    Sharing of Payments,
Etc. If any Lender obtains any amount (whether voluntary, involuntary or otherwise, including, without limitation, as a result of exercising its Rights under Section 3.13) that exceeds its combined
Pro Rata Part of the Facility Commitment Usage, then that Lender shall purchase from the other Lenders participations that will cause the purchasing Lender to share the excess amount ratably with each other Lender. If all or any portion of any
excess amount is subsequently recovered from the purchasing Lender, then the purchase shall be rescinded and the purchase price restored to the extent of the recovery. Borrower agrees that any Lender purchasing a participation from another Lender
under this Section may, to the fullest extent permitted by Law, exercise all of its Rights of payment (including the Right of offset) with respect to that participation as fully as if that Lender were the direct creditor of Borrower in the amount of
that participation. 
 3.13    Offset. If a Default exists, each Lender is entitled, but is not obligated, to
exercise (for the benefit of all Lenders in accordance with Section 3.12) the Rights of offset and banker’s Lien against each and every account and other property, or any interest therein, that any
Company may now or hereafter have with, or which is now or hereafter in the possession of, that Lender to the extent of the full amount of the Obligation owed to it. 

3.14    Booking Borrowings. To the extent permitted by Law, any Lender may make, carry, or transfer its Borrowings
at, to, or for the account of any of its branch offices or the office of any of its Affiliates. However, no Affiliate is entitled to receive any greater payment under Section 3.16 than the transferor
Lender would have been entitled to receive with respect to those Borrowings. 

  
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 3.15    Basis Unavailable or Inadequate for LIBOR. 

(a)    If, on or before any date when LIBOR Rate is to be determined for a Borrowing, Administrative Agent,
or any Lender determines (and Majority Lenders agree with that determination) that the (i) basis for determining the applicable rate is not available or (ii) that the resulting rate does not accurately reflect the cost to Lenders of making
or converting Borrowings at that rate for the applicable Interest Period, then Administrative Agent shall promptly notify Borrower and Lenders of that determination (which is conclusive and binding on Borrower absent manifest error) and the
applicable Borrowing shall bear interest at the sum of the ABR plus the Applicable Margin. Until Administrative Agent notifies Borrower that those circumstances no longer exist, Lenders’ commitments under this Agreement to make, or to convert
to, LIBOR Rate Borrowings (as the case may be) will be suspended. 
 (b)    Successor LIBOR Rate.

 (i)    If at any time the Administrative Agent determines (which determination shall
be conclusive absent manifest error) that (A) the circumstances set forth in clause (a)(i) have arisen and such circumstances are unlikely to be temporary, (B) the applicable supervisor or administrator of the LIBOR Rate or a governmental
authority having jurisdiction over the Administrative Agent has made a public statement identifying a specific date after which the LIBOR Rate shall no longer be made available or used for determining interest rates for loans (such specific date,
the “LIBOR Scheduled Unavailability Date”), or (C) a rate other than the LIBOR Rate has become a widely recognized benchmark interest rate for syndicated loans of this type made in Dollars to borrowers domiciled in the United
States of America, then the Administrative Agent may, in consultation with the Borrower, select an alternate benchmark interest rate (including any credit spread or other adjustments to such alternate benchmark (if any) incorporated therein) to
replace the LIBOR Rate for purposes of this Agreement (such rate, the “LIBOR Successor Rate”). 

(ii)    The Administrative Agent and the Borrower shall negotiate in good faith any
amendments to this Agreement as may be necessary and appropriate to effectively replace the LIBOR Rate with the LIBOR Successor Rate and incorporate any LIBOR Successor Rate Conforming Changes related thereto. Notwithstanding anything to the
contrary in Section 14.10, any such amendment entered into by the Administrative Agent and the Borrower shall become effective without any further action or consent of any other party to this Agreement on the fifth Business
Day following the date that a draft of such amendment is provided to the Lenders for review, unless the Administrative Agent receives, on or before noon on such date, a written notice from the Majority Lenders stating that such Majority Lenders
object to such amendment. 
 (iii)    If the Administrative Agent determines (which
determination shall be conclusive absent manifest error) that the circumstances under Section 3.15(b)(i)(A) have arisen or the LIBOR Scheduled Unavailability Date has occurred, then 

  
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(A) the Administrative Agent shall promptly notify the Borrower and the Lenders of such determination, which notice may be given by telephone, and (B) until such time as a LIBOR Successor
Rate has been selected and this Agreement has been amended to implement such LIBOR Successor Rate and any LIBOR Successor Rate Conforming Changes, (1) the obligation of the Lenders to make or maintain LIBOR Loans shall be suspended (to the
extent of the affected LIBOR Rate Loan or Interest Periods), (2) any notice of Borrowing that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a LIBOR Rate Borrowing shall be ineffective, (3) if any notice
of Borrowing requests a LIBOR Rate Borrowing, such Borrowing shall be made as an ABR Borrowing, and (4) the ABR shall be determined without reference to the Adjusted One-Month LIBOR Rate component
thereof, provided that upon receipt of any such notice, the Borrower may revoke any pending Borrowing Request of any notice of conversion or continuation. 

(iv)    The LIBOR Successor Rate and any LIBOR Successor Rate Conforming Changes shall be
determined in good faith and in a commercially reasonable manner, applied and implemented in a manner that gives due consideration to the then-prevailing market practice in the United States of America for determining, applying and implementing
benchmark interest rates for syndicated loans of this type made in Dollars to borrowers domiciled in the United States of America. Notwithstanding anything contained herein to the contrary, for purposes of this Agreement, no LIBOR Successor Rate
selected in accordance with the foregoing shall at any time be less than 0.00% per annum. 

3.16    Additional Costs. 

With respect to any Law, requirement, request, directive, or change affecting banking institutions generally: 

(a)    With respect to any LIBOR Rate Borrowing or ABR Borrowing, if (i) any Change in Law imposes,
modifies, or deems applicable (or if compliance by any Lender therewith results in) any requirement that any reserves (including, without limitation, any marginal, emergency, supplemental, or special reserves) be maintained or increased, and
(ii) those reserves reduce any sums receivable by that Lender under this Agreement or increase the costs incurred by that Lender in advancing or maintaining any portion of any LIBOR Rate Borrowing, or ABR Borrowing, then (unless the effect is
already reflected in the rate of interest then applicable under this Agreement) that Lender (through Administrative Agent) shall deliver to Borrower a certificate setting forth in reasonable detail the basis and calculation of the amount necessary
to compensate it for its reduction or increase (which certificate is conclusive and binding absent manifest error), and Borrower shall promptly pay that amount to that Lender within 5 days of demand thereof. The provisions of and undertakings and
indemnification set forth in this paragraph shall survive the satisfaction and payment of the Obligation and termination of this Agreement. 

(b)    With respect to any Borrowing or LC, if any Change in Law regarding capital adequacy or liquidity
(or compliance by Administrative Agent (as issuer of LCs) or any Lender therewith), reduces the rate of return on the capital of Administrative Agent (as issuer of LCs) or such Lender, or the holding company of Administrative Agent or such Lender,
as a 

  
 37 

 
consequence of its obligations under this Agreement to a level below that which it otherwise could have achieved (taking into consideration its policies with respect to capital adequacy or
liquidity) by an amount deemed by it to be material (and it may, in determining the amount, use reasonable assumptions and allocations of costs and expenses and use any reasonable averaging or attribution method), then (unless the effect is already
reflected in the rate of interest then applicable under this Agreement) Administrative Agent or that Lender (through Administrative Agent) shall notify Borrower and deliver to Borrower a certificate setting forth in reasonable detail the calculation
of the amount necessary to compensate it (which certificate is conclusive and binding absent manifest error), and Borrower shall promptly pay that amount to Administrative Agent or that Lender within 5 days of demand thereof. The provisions of and
undertakings and indemnification set forth in this paragraph shall survive the satisfaction and payment of the Obligation and termination of this Agreement. 

(c)    Any Taxes payable by Administrative Agent or any Lender or ruled (by a Tribunal) payable by
Administrative Agent or any Lender in respect of this Agreement or any other Loan Paper shall, if permitted by Law, be paid by Borrower, together with interest and penalties, if any (except for (i)(1) Taxes imposed on or measured by the net income
of Administrative Agent or that Lender (2) franchise or similar taxes of the Administrative Agent or that Lender and (3) amounts requested to be withheld for Taxes pursuant to the first sentence of
Section 3.19(b) and (ii) interest and penalties incurred as a result of the gross negligence or willful misconduct of Administrative Agent or any Lender). Administrative Agent or that Lender
(through Administrative Agent) shall notify Borrower and deliver to Borrower a certificate setting forth in reasonable detail the basis and calculation of the amount of payable Taxes, which certificate is conclusive and binding (absent manifest
error), and Borrower shall promptly pay that amount to Administrative Agent for its account or the account of that Lender, as the case may be. If Administrative Agent or that Lender subsequently receives a refund of the Taxes paid to it by Borrower,
then the recipient shall promptly pay the refund to Borrower. 
 3.17    Change in Laws. If any Change in Law
makes it unlawful for any Lender to make or maintain any Borrowing based on the LIBOR Rate Borrowings, then that Lender shall promptly notify Borrower and Administrative Agent, and (a) as to undisbursed funds, that requested Borrowing shall be
made as an ABR Borrowing subject to the higher of the Prime Rate and the Federal Funds Effective Rate plus 1%, and (b), as to any outstanding Borrowing, (i) if maintaining the Borrowing until the last day of the applicable Interest Period is
unlawful, the Borrowing shall be converted to an ABR Borrowing as of the date of notice, and Borrower shall pay any related Funding Loss, or (ii) if not prohibited by Law, the Borrowing shall be converted to an ABR Borrowing as of the last day
of the applicable Interest Period, or (iii) if any conversion will not resolve the unlawfulness, Borrower shall promptly prepay the Borrowing, without penalty, together with any related Funding Loss. 

3.18    Funding Loss. BORROWER AGREES TO INDEMNIFY EACH LENDER AGAINST, AND PAY TO IT WITHIN 5 DAYS OF DEMAND
THEREFOR, ANY FUNDING LOSS OF THAT LENDER. When any Lender demands that Borrower pay any Funding Loss, that Lender shall deliver to Borrower and Administrative Agent a certificate setting forth in reasonable detail the basis for imposing Funding
Loss and the calculation of the amount, which calculation is conclusive and binding absent manifest error. The provisions of and undertakings and indemnification set forth in this paragraph shall survive the satisfaction and payment of the
Obligation and termination of this Agreement. 

  
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 3.19    Foreign Lenders. 

(a)    Each Lender that is not a “United States person” within the meaning of
Section 7701(a)(30) of the Code (a “Non-U.S. Lender”) shall deliver to Administrative Agent, prior to the receipt of any payment subject to withholding under the Code (or upon
accepting an assignment of an interest herein), two duly signed completed copies of either IRS Form W-8BEN or W-8BEN-E, as
applicable, or any successor thereto (relating to such Non-U.S. Lender and entitling it to an exemption from, or reduction of, withholding tax on all payments to be made to such
Non-U.S. Lender by Borrower pursuant to this Agreement) or IRS Form W-8ECI or any successor thereto (relating to all payments to be made to such Non-U.S. Lender by Borrower pursuant to this Agreement) or such other evidence satisfactory to Administrative Agent that such Non-U.S. Lender is entitled to an exemption from,
or reduction of, United States withholding tax, including any exemption pursuant to Section 881(c) of the Code. Thereafter and from time to time, each such Non-U.S. Lender shall (i) upon the written
request of Administrative Agent promptly submit to Administrative Agent such additional duly completed and signed copies of one of such forms (or such successor forms as shall be adopted from time to time by the relevant United States taxing
authorities) as may then be available under the then current United States laws and regulations to avoid, or such evidence as is satisfactory to Administrative Agent of any available exemption from or reduction of, United States withholding taxes in
respect of all payments to be made to such Non-U.S. Lender by Borrower pursuant to this Agreement and (ii) promptly notify Administrative Agent of any change in circumstance which would modify or render
invalid any claimed exemption or reduction. Each Non-U.S. Lender, to the extent it does not act or ceases to act for its own account with respect to any portion of any sums paid or payable to such Lender under
any of the Loan Papers (for example, in the case of a participation by such Lender), shall deliver to Administrative Agent on the date when such Non-U.S. Lender ceases to act for its own account with respect
to any portion of any such sums paid or payable, and at such other times as may be necessary in the determination of Administrative Agent (in the reasonable exercise of its discretion), (A) two duly signed completed copies of the forms or statements
required to be provided by such Lender as set forth above, to establish the portion of any such sums paid or payable with respect to which such Lender acts for its own account that is not subject to U.S. withholding tax, and (B) two duly signed
completed copies of IRS Form W-8IMY (or any successor thereto), together with any information such Lender chooses to transmit with such form, and any other certificate or statement of exemption required under
the Code, to establish that such Lender is not acting for its own account with respect to a portion of any sums payable to such Lender. 

(b)    Borrower shall not be required to pay any additional amount to any
Non-U.S. Lender under Section 3.19(a): (i) with respect to any Taxes required to be deducted or withheld on the basis of the information, certificates or
statements of exemption such Lender transmits with an IRS Form W-8IMY pursuant to Section 3.19(a) or (ii) if such Lender shall have failed to satisfy the
provisions of Section 3.19(a) on the date such Lender became a Lender or ceases to act for its own account with respect to any payment under any of the Loan Papers. Nothing in this
Section 3.19(b) or Section 3.19(a) shall relieve Borrower of its obligation to pay any amounts due pursuant to this Section 3.19 in the event
that, as a result of any change in any 

  
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applicable law, treaty or governmental rule, regulation or order, or any change in the interpretation, administration or application thereof, such Lender is no longer properly entitled to deliver
forms, certificates or other evidence at a subsequent date establishing the fact that such Lender or other Person for the account of which such Lender receives any sums payable under any of the Loan Papers is not subject to withholding or is subject
to withholding at a reduced rate. Administrative Agent may, without reduction, withhold any Taxes required to be deducted and withheld from any payment under any of the Loan Papers with respect to which Borrower is not required to pay additional
amounts under Section 3.19(a). 
 (c)    If a payment
made to any Lender hereunder would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of
the Code, as applicable), such Lender shall deliver to Borrower and Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by Borrower or Administrative Agent such documentation prescribed by
applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by Borrower or Administrative Agent as may be necessary for Borrower and 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. 

3.20    Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Lender becomes
a Defaulting Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender: 

(a)    fees under Section 4.3 shall cease to accrue on that
portion of such Defaulting Lender’s Committed Sum that remains unfunded or which has not been included in any LC Exposure; 

(b)    the Committed Sum and Commitment Usage of such Defaulting Lender shall not be included in
determining whether all Lenders or Majority Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 14.10), provided that any waiver,
amendment or modification requiring the consent of all Lenders or each affected Lender which adversely affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lender. 

(c)    if any LC Exposure or Swing Line Exposure exists at the time a Lender becomes a Defaulting Lender
then: 
 (i) all or any part of the contingent obligations of Lenders in respect of such LC Exposure and
Swing Line Exposure shall be reallocated among the non-Defaulting Lenders in accordance with their respective Pro Rata Part but only to the extent (a) the sum of all
non-Defaulting Lenders’ Commitment Usage plus such Defaulting Lender’s LC Exposure and Swing Line Exposure does not exceed the total of all non-Defaulting
Lenders’ Committed Sums and (b) no Lender’s Commitment Usage exceeds its Committed Sum; 

  
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 (ii)    if the reallocation described in
clause (i) above cannot, or can only partially, be effected, Borrower shall, within one (1) Business Day following notice by Administrative Agent, (A) prepay the Swing Line Borrowings and (B) cash collateralize such Defaulting
Lender’s Pro Rata Part of the LC Exposure (after giving effect to any partial reallocation pursuant to clause (i) above) in a manner reasonably satisfactory to Administrative Agent for so long as such LC Exposure is outstanding; 

(iii)    if Borrower cash collateralizes any portion of such Defaulting Lender’s LC
Exposure pursuant to this Section 3.20(c), Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to Section 4.2 with respect to
such cash collateralized portion of the Defaulting Lender’s LC Exposure during the period such Defaulting Lender’s LC Exposure is cash collateralized; 

(iv)    if the LC Exposure of the non-Defaulting
Lenders is reallocated pursuant to this Section 3.20(c), then the fees payable to the Lenders pursuant to Section 4.2 shall be adjusted in accordance with
such non-Defaulting Lenders’ Pro Rata Part of the Facility Committed Sum; and 

(v) if any Defaulting Lender’s LC Exposure is neither cash collateralized nor reallocated pursuant to this
Section 3.20(c), then, without prejudice to any rights or remedies of Administrative Agent or any Lender hereunder, all fees payable to Lenders pursuant to
Section 4.2 with respect to such Defaulting Lender’s LC Exposure that is neither cash collateralized nor reallocated shall be payable to Administrative Agent until such LC Exposure is fully cash
collateralized and/or reallocated; 
 (d)    so long as any Lender is a Defaulting Lender,
Administrative Agent shall not be (i) required to fund any Swing Line Borrowing or (ii) required to issue, amend, renew, increase or extend any LC unless it is satisfied, in its reasonable discretion, that the related exposure will be 100%
covered by the Committed Sums of the non-Defaulting Lenders and/or cash collateral will be provided by Borrower in accordance with Section 3.20(c), and
participating interests in any such newly issued, amended, renewed, increased or extended LC or newly made Swing Line Borrowing shall be allocated among non-Defaulting Lenders in a manner consistent with
Section 3.20(c)(i) (and Defaulting Lenders shall not participate therein); and 

(e)    any amount payable to such Defaulting Lender hereunder (whether on account of principal, interest,
fees or otherwise) shall, in lieu of being distributed to such Defaulting Lender, be retained by Administrative Agent in a segregated account and subject to any applicable requirements of law, be applied (i) first, to the payment of any amounts
owing by such Defaulting Lender to Administrative Agent hereunder, (ii) second, to the funding of cash collateralization of any participating interest in any LC in respect of which such Defaulting Lender has failed to fund its portion thereof
as required by this Agreement, as determined by Administrative Agent, (iii) third, if so determined by Administrative Agent and Borrower, held in such account as cash collateral for future funding obligations of any Defaulting Lender under this
Agreement, (iv) fourth, pro rata, to the payment of any amounts owing to Borrower or Lenders as a result of any judgment of a court of competent jurisdiction obtained by Borrower or any Lender against such Defaulting Lender as a result of such
Defaulting Lender’s breach of its 

  
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obligations under this Agreement and (v) fifth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction, provided that if such payment is (x) a
prepayment of the principal amount of any Borrowing and (y) made at a time when the conditions set forth in Section 6.2 are satisfied, such payment shall be applied solely to prepay the Borrowings
of all non-Defaulting Lenders pro rata prior to being applied to the prepayment of any Borrowings of any Defaulting Lender. 

In the event that Administrative Agent and Borrower each agrees that a Defaulting Lender has adequately remedied all matters that caused such Lender to be a
Defaulting Lender, then on such date the LC Exposure and Swing Line Exposure of Lenders shall be readjusted to reflect the inclusion of such Lender’s Committed Sum and on such date such Lender shall purchase at par such of the Borrowings of the
other Lenders as Administrative Agent shall determine may be necessary in order for such Lender to hold such Borrowings in accordance with its Pro Rata Part. Except as expressly modified by this
Section 3.20, the performance by Borrower under any Loan Paper shall not be excused or otherwise modified as a result of this Section 3.20. 

3.21    Assignment of Committed Sums Under Certain Circumstances. In the event that (1) any Lender requests
compensation under Section 3.16, (2) the Borrower is required to pay any additional amount pursuant to Section 3.19, (3) any Lender is a Non-Consenting Lender, or (4) any Lender becomes a
Defaulting Lender, Borrower shall have the right, at its own expense, upon notice to such Lender and Administrative Agent to require such Lender to transfer and assign without recourse (in accordance with and subject to the restrictions contained in
Section 14.12) all its interest, rights and obligations under this Agreement to one or more other financial institutions acceptable to Borrower (unless a Default has occurred and is continuing) and
Administrative Agent (which in each case shall not be unreasonably withheld), which shall assume such obligations; provided that (i) no such assignment shall conflict with any law, rule or regulation or order of any Tribunal. (ii) the
Lender that acts as Administrative Agent cannot be replaced in its capacity as Administrative Agent other than in accordance with Section 13.1, (iii) any Lender that is the issuer of LCs may not be replaced hereunder at any time when it has any
LCs outstanding hereunder unless arrangements reasonably satisfactory to such issuer (including the furnishing of a back-up standby letter of credit in form and substance, and issued by an issuer, reasonably
satisfactory to such issuer or the depositing of cash collateral into a cash collateral account in amounts and pursuant to arrangements reasonably satisfactory to such issuer) have been made with respect to each such outstanding LC; and
(iv) Borrower or the assignee or assignees, as the case may be, shall pay to each affected Lender in immediately available funds on the date of such assignment the principal of and interest accrued to the date of payment on the Borrowings made
by it hereunder and all other amounts accrued for its account or owed to it hereunder. Upon receipt by the applicable Lender of all amounts required to be paid to such Lender pursuant to this
Section 3.21, Administrative Agent shall be entitled (but not obligated) and authorized to execute an Assignment Agreement on behalf of such Lender, and any such Assignment Agreement so executed by
Administrative Agent and the assignee shall be effective for purposes of this Section 3.21 and Section 14.12. A Lender shall not be required to make any
such assignment if, prior to Administrative Agent’s approval of such assignment, the circumstances entitling Borrower to require such assignment cease to apply. In the event that (i) the Borrower or the Administrative Agent has requested
that the Lenders consent to a departure or waiver of any provisions of the Loan Papers or agree to any amendment thereto, (ii) the consent, waiver or amendment in question requires the agreement of each Lender, all affected Lenders or all the
Lenders and (iii) the Majority Lenders have agreed to such consent, waiver or amendment, then any Lender who does not agree to such consent, waiver or amendment shall be deemed a “Non-Consenting
Lender.” 

  
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 3.22    Matters Applicable to All Requests for Compensation. 

(a)    Designation of a Different Lending Office. If any Lender requests compensation under
Section 3.16 or 3.17, or the Borrower is required to pay any additional amount pursuant to Section 3.19, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its loans hereunder or to
assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the good faith judgment of such Lender such designation or assignment (a) would eliminate or reduce amounts payable pursuant to
Section 3.16, 3.17, or 3.19, as the case may be, in the future, and (b) in each case, would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender in any material economic,
legal or regulatory respect. 
 (b)    Delay in Requests. Failure or delay on the part of any
Lender to demand compensation pursuant to the foregoing provisions of Section 3.16, 3.17 or 3.19 shall not constitute a waiver of such Lender’s right to demand such compensation; provided that the Borrower shall not be required to
compensate a Lender pursuant to the foregoing provisions of Section 3.16, 3.17 or 3.19 for any increased costs incurred or reductions suffered more than one hundred and eighty (180) days prior to the date that such Lender notifies the
Borrower of the event giving rise to such claim and of such Lender’s intention to claim compensation therefor (except that, if the circumstance giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof). 
 SECTION
4.    FEES. 
 4.1    Treatment of Fees. The fees described in this
Section 4 are calculated on the basis of actual number of days (including the first day but excluding the last day) elapsed, but computed as if each calendar year consisted of three hundred sixty
(360) days, unless computation would result in an interest rate in excess of the Maximum Rate in which event the computation is made on the basis of a year of 365 or 366 days, as the case may be. The fees described in this
Section 4 are in all events subject to the provisions of Section 3.8 of this Agreement. 

4.2    LC Fees. As a condition to the issuance or extension of a LC, Borrower shall pay to Administrative Agent
(and such payment shall accompany each LC Request) a fee equal to (a) one-eighth of one percent (0.125%) multiplied by (b) the face amount of the LC, payable quarterly in arrears on March 31,
June 30, September 30 and December 31 of each year, and on the Facility Maturity Date. Borrower shall also pay a commission on all outstanding LCs at a per annum rate equal to the Applicable Margin with respect to LIBOR Rate
Borrowings on the face amount of each LC. Such commission shall be payable quarterly in arrears to Administrative Agent for ratable distribution among the Lenders participating in the Facility. Borrower also agrees to pay on demand and solely for
the account of Administrative Agent, any and all additional customary LC fees including those relating to administering, issuing, confirming, negotiating or amending LCs. 

  
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 4.3    Facility Commitment Fee. Borrower shall pay to
Administrative Agent for the account of each Lender a commitment fee (“Commitment Fee”), payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility Maturity Date,
equal to the Applicable Margin times the amount by which (a) such Lender’s Facility Committed Sum exceeds (b) such Lender’s average daily Facility Commitment Usage, in each case during the calendar quarter ending on such date. If
there is any change in the Applicable Margin during any quarter, the average daily amount shall be computed and multiplied by the Applicable Margin separately for each period that such Applicable Margin was in effect during such quarter. 

4.4    Other Fees. Borrower shall pay to Administrative Agent, Lenders, and each Arranger, for their own account,
fees and other amounts payable in the amounts and at the times separately agreed upon between Borrower and such Persons in connection with the transactions contemplated hereby. 

SECTION 5.    SECURITY. 

5.1    Collateral. Full and complete payment of the Obligation is secured by all of the Collateral. 

5.2    Additional Security and Guaranties. Administrative Agent may, without notice or demand and without affecting
any Person’s obligations under the Loan Papers, from time to time (a) receive and hold additional collateral from any Person for the payment of all or any part of the Obligation and, subject to
Section 14.10(b), exchange, enforce or release all or any part of that collateral and (b) accept and hold any endorsement or guaranty of payment of all or any part of the Obligation and, subject to
Section 14.10(b), release any endorser or guarantor, or any Person who has given any other security for the payment of all or any part of the Obligation, or any other Person in any way obligated to pay
all or any part of the Obligation. 
 5.3    Financing Statements. Borrower will execute, or cause to be
executed, stock powers and other writings in the form and content reasonably required by Administrative Agent, and Borrower will pay all costs of filing any financing, continuation or termination statements, or other action taken by Administrative
Agent relating to the Collateral, including, without limitation, costs and expenses of any Lien search reasonably required by Administrative Agent. 

SECTION 6.    CONDITIONS PRECEDENT.  

6.1    Initial Borrowing. The obligation of the Lenders to fund the initial Borrowing, and the Administrative Agent
as issuer of the LCs to issue LCs, is subject to the Administrative Agent’s timely receipt of a Borrowing Request and satisfaction of each of the following conditions on or prior to the Closing Date: 

(i)    Amended and Restated Credit Agreement. This Agreement shall have been
executed by the Borrower, the Administrative Agent and each of the Lenders. 

  
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 (ii)    Notes. The Borrower shall
have executed and delivered to the Administrative Agent the appropriate Facility Note for the account of each Lender and the Swing Line Note for the account of Citizens Bank, N.A. 

(iii)    Loan Amendment. The Borrower and Guarantors shall have duly executed and
delivered the Amendment to Loan Papers to be executed in connection with this Agreement, which shall be in form and substance satisfactory to the Administrative Agent. 

(iv)    Fees and Expenses. The Borrower shall have (A) paid to the
Administrative Agent and each Arranger, each for its own account, the fees required to be paid by it on the Closing Date, including those set forth in the any applicable fee letter, (B) paid to the Lenders the fees agreed by the Borrower to be
paid to them on the Closing Date, and (C) paid or caused to be paid all reasonable fees and expenses of the Administrative Agent and of counsel to the Administrative Agent that have been invoiced on or prior to the Closing Date in connection
with the preparation, negotiation, execution and delivery of this Agreement and the other Loan Papers and the consummation of the transactions contemplated hereby and thereby. 

(v)    Corporate Resolutions and Approvals. The Administrative Agent shall have
received certified copies of the resolutions of the Board of Directors (or similar governing body) of each Company approving the Loan Papers to which such Company is or may become a party, and of all documents evidencing other necessary corporate or
other organizational action, as the case may be, and governmental and other material third party approvals, if any, with respect to the execution, delivery and performance by such Company of the Loan Papers to which it is or may become a party and
the continuing operations of the Companies, all of which documents to be in form and substance reasonably satisfactory to the Administrative Agent. 

(vi)    Incumbency Certificates. The Administrative Agent shall have received a
certificate of the Secretary or an Assistant Secretary of each Company certifying the names and true signatures of the officers of such Company authorized to sign the Loan Papers to which such Company is a party and any other documents to which such
Company is a party that may be executed and delivered in connection herewith. 

(vii)    Opinions of Counsel. The Administrative Agent shall have received opinions
of counsel from counsel to the Companies, which opinions shall be addressed to the Administrative Agent and the Lenders and dated the Closing Date and in form and substance satisfactory to the Administrative Agent. 

(viii)    Evidence of Insurance. The Administrative Agent shall have
(A) received certificates of insurance and other evidence satisfactory to it of compliance with the insurance requirements of this Agreement and the Security Documents and (B) received endorsements and/or declarations pages to insurance
policies naming the Administrative Agent, for the benefit of the Lenders, as an additional insured on the liability insurance policies of the Companies and as a loss payee on the property insurance policies of the Companies. 

  
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 (ix)    Search Reports. The
Administrative Agent shall have received the results of Uniform Commercial Code and other search reports (including lien, bankruptcy, judgment and litigation) from one or more commercial search firms reasonably acceptable to the Administrative
Agent, listing all of the effective financing statements filed against any Company, together with copies of such financing statements, and such search shall reveal no liens on any of the assets of the Borrower or its Subsidiaries except for liens
permitted by the Loan Papers or liens to be discharged on or prior to the Closing Date pursuant to documentation satisfactory to the Lenders. 

(x)    Corporate Charter and Good Standing Certificates. The Administrative Agent
shall have received: (A) an original certified copy of the Certificate or Articles of Incorporation or equivalent formation document of each Company and any and all amendments and restatements thereof, certified as of a recent date by the
relevant Secretary of State; (B) an original “long-form” good standing certificate or certificate of existence from the Secretary of State of the state of incorporation or formation, dated as of a recent date, listing all charter
documents affecting such Company and certifying as to the good standing of such Company; and (C) original certificates of good standing or foreign qualification for each Company from each jurisdiction in which the Company is authorized or
qualified to do business and where the failure to maintain such good standing or foreign qualification could reasonably be expected to give rise to a Material Adverse Event. 

(xi)    Solvency Certificate. The Administrative Agent shall have received a
solvency certificate, dated as of the Closing Date and executed by a financial officer of the Borrower, to be in form and substance reasonably satisfactory to the Administrative Agent. 

(xii)    Proceedings and Documents. All corporate and other proceedings and all
documents incidental to the transactions contemplated hereby shall be reasonably satisfactory in substance and form to the Administrative Agent. 

(xiii)    Litigation. There shall not exist any pending or threatened Litigation
that could reasonably be expected to give rise to a Material Adverse Event. 

(xiv)    No Material Adverse Event. Since September 27, 2018, there shall not
have been a Material Adverse Event or any change, state of facts, circumstances, event, condition, development, occurrence or effect that would reasonably be expected to result in a Material Adverse Event. 

(xv)    Patriot Act; KYC. The Administrative Agent shall have received, at least
three Business Days prior to the Closing Date: 
 (a)    all documentation and other information
required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act; and 

(b)    to the extent the Borrower constitutes a “legal entity customer” under the Beneficial
Ownership Regulation, a completed Beneficial Ownership Certification in relation to the Borrower. 

  
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 (xvi)    Diligence; Ownership;
Intercompany Debt. The Administrative Agent, in its reasonable discretion, shall be satisfied with its due diligence, including (i) the pro forma capital and ownership structure and the equity holder arrangements of the Companies, and
(ii) the amount, terms, conditions and holders of all intercompany indebtedness of the Borrower and its Affiliates. 

(xvii)    Miscellaneous. The Companies shall have provided to the Administrative
Agent and the Lenders such other items and shall have satisfied such other conditions as may be reasonably required by the Administrative Agent or the Lenders. 

6.2    All Borrowings or LCs. In addition, Lenders will not be obligated to fund (as opposed to continue or
convert) any Borrowing, and Administrative Agent will not be obligated to issue any LC, as the case may be, unless on the applicable Borrowing Date, issue date, or creation date (and after giving effect to the requested Borrowing or LC), as the case
may be: (a) Administrative Agent shall have timely received a Borrowing Request or LC Request (together with the applicable duly executed LC Agreement), as the case may be; (b) Administrative Agent shall have received any applicable LC
fee; (c) all of the representations and warranties of the Borrower in the Loan Papers are true and correct in all material respects (unless they speak to a specific date or are based on facts which have changed by transactions contemplated or
permitted by this Agreement); (d) no Default or Potential Default exists; and (e) the funding of the Borrowing or issuance of the LC, as the case may be, is permitted by Law. Upon Administrative Agent’s request, Borrower shall deliver to
Administrative Agent evidence substantiating any of the matters in the Loan Papers that are necessary to enable Borrower to qualify for the Borrowing or LC, as the case may be. 

6.3    Materiality of Conditions. Each condition precedent in this Agreement (including, without limitation, those
set forth in Section 6.1) is material to the transactions contemplated by this Agreement, and time is of the essence with respect to each condition precedent. 

6.4    Waiver. Subject to the prior approval of Majority Lenders, Lenders may fund any Borrowing, and
Administrative Agent may issue any LC, without all conditions being satisfied, but, to the extent permitted by Law, that funding and issuance shall not be deemed to be a waiver of the requirement that each condition precedent be satisfied as a
prerequisite for any subsequent funding or issuance, unless Majority Lenders specifically waive each item in writing. 
 SECTION
7.    REPRESENTATIONS AND WARRANTIES. Borrower represents and warrants to Administrative Agent and Lenders as follows: 

7.1    Purpose of Credit Facility. Borrower will use proceeds of Facility Borrowings and LCs (a) for working
capital and general corporate purposes of the Companies, (b) to finance Acquisitions permitted pursuant to Section 9.8, CAPEX and other investments permitted hereunder and (c) to pay
fees, costs and expenses related to any of the foregoing. 

  
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No Company is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any “margin stock” within the
meaning of Regulation U of the Board of Governors of the Federal Reserve System, as amended. No part of the proceeds of any LC draft or drawing, or Borrowing will be used, directly or indirectly, for a purpose that violates any Law, including
without limitation, the provisions of Regulation U. 
 7.2    Corporate Existence, Good Standing, Authority, and
Compliance. Each Company is duly organized, validly existing, and in good standing under the Laws of the jurisdiction in which it is incorporated or organized as identified on the attached Schedule 7.2 or on the most recently
amended Schedule 7.2. Each Company (a) is duly qualified to transact business and is in good standing as a foreign corporation or other entity in each jurisdiction where the nature and extent of its business and properties require
due qualification and good standing (those jurisdictions being identified on the attached Schedule 7.2 or on the most recently amended Schedule 7.2; (b) possesses all requisite authority, permits, and power to conduct its
business as is now being, or is contemplated by this Agreement to be, conducted; and (c) is in compliance with all applicable Laws, except in each case of clauses (a), (b) and (c) where the failure to so qualify, to possess such
authority, permits, or power or to comply with such Law would not cause a Material Adverse Event. 

7.3    Subsidiaries. As of the date of this Agreement, Borrower has no Subsidiaries except as disclosed on the
attached Schedule 7.3 or on the most recently amended Schedule 7.3 reflecting changes to the schedule as a result of transactions permitted by this Agreement. All of the outstanding shares
of capital stock (or similar voting interests) of those Subsidiaries are duly authorized, validly issued, fully paid and, in the case of a corporation, nonassessable, and in all cases are owned of record and beneficially as set forth thereon, free
and clear of any Liens, restrictions, claims or Rights of another Person, other than Permitted Liens, and are not subject to any warrant, option or other acquisition Right of any Person or subject to any transfer restriction except for restrictions
imposed by securities Laws and general corporate Laws. 
 7.4    Authorization and Contravention. The execution
and delivery by each Company of each Loan Paper to which it is a party and the performance by it of its obligations thereunder (a) are within its corporate power; (b) have been duly authorized by all necessary corporate action;
(c) require no action by or filing with any Tribunal (other than any action or filing that has been taken or made on or before the date of this Agreement or which would not cause a Material Adverse Event); (d) do not violate any provision of
its charter or bylaws; (e) do not violate any provision of Law or order of any Tribunal applicable to it, other than violations that individually or collectively are not a Material Adverse Event; (f) do not violate any Material Agreements
to which it is a party, other than a violation which would not cause a Material Adverse Event; or (g) do not result in the creation or imposition of any Lien (other than the Lender Liens) on any asset of any Company. 

7.5    Binding Effect. Upon execution and delivery by all parties thereto, each Loan Paper will constitute a legal
and binding obligation of each Company party thereto, enforceable against it in accordance with its terms, except as enforceability may be limited by applicable Debtor Relief Laws and general principles of equity. 

  
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 7.6    Financial Statements; Fiscal Year. The Current Financials
were prepared in accordance with GAAP and present fairly, in all material respects, the consolidated financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending, on the date or
dates thereof (subject only to normal year-end adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected therein or in the notes thereto. Except
for transactions directly related to, or specifically contemplated by, the Loan Papers, no subsequent Material Adverse Event has occurred in the consolidated financial condition of the Companies from that shown in the Current Financials, nor has any
Company incurred any subsequent material liability. The fiscal year of each Company ends on the last Saturday in March. 

7.7    Litigation. Except as disclosed on the attached Schedule 7.7 or the most recently amended
Schedule 7.7, no Company is subject to, or aware of the threat of, any Litigation that is reasonably likely to be determined adversely to any Company and, if so adversely determined, is a Material Adverse Event. Except as permitted
under Section 11.4, no outstanding and unpaid judgments against any Company exist. 

7.8    Taxes. All Tax returns of each Company required to be filed have been filed (or extensions have been
granted) before delinquency, except for returns for which the failure to file is not a Material Adverse Event, and all Taxes imposed upon each Company that are due and payable have been paid before delinquency, other than Taxes for which the
criteria for Permitted Liens have been satisfied or for which nonpayment is not a Material Adverse Event. 

7.9    Environmental Matters. Except as disclosed on Schedule 7.9 or on the most recently amended
Schedule 7.9, (a) no Company knows of any environmental condition or circumstance materially adversely affecting any Company’s properties taken as a whole or operations; (b) no Company has received any report of any
Company’s material violation of any Environmental Law;(c) no Company knows that any Company is under any obligation to remedy any material violation of any Environmental Law; or (d) no facility of any Company is used for, or to the
knowledge of any Company has been used for, storage, treatment, or disposal of any Hazardous Substance, excluding the storage of Hazardous Substances in amounts commonly and lawfully used in automotive repair shops which have been handled in
compliance with applicable Environmental Law. Except as disclosed in Schedule 7.9, each Company has taken prudent steps to determine that its properties and operations do not violate any Environmental Law, other than violations that
are not, individually or in the aggregate, a Material Adverse Event, except where such condition, circumstance, violation or non-compliance would not reasonably be expected to have a monetary impact or cost to
the Borrower equal to or in excess of five percent (5%) of the Borrower’s pre-tax income during the preceding Four Quarter Period, such amount not to exceed $10,000,000. 

7.10    Employee Plans. Except where occurrence or existence is not a Material Adverse Event, (a) no Employee
Plan has incurred an “accumulated funding deficiency” (as defined in section 302 of ERISA or section 412 of the Code); (b) no Company has incurred liability under ERISA to the PBGC in connection with any Employee Plan (other than required
insurance premiums, all of which have been paid); (c) no Company has withdrawn in whole or in part from participation in a Multiemployer Plan; (d) no Company has engaged in any “prohibited transaction” (as defined in section 406 of
ERISA or section 4975 of the Code); and (e) no Reportable Event has occurred, excluding events for which the notice requirement is waived under applicable PBGC regulations. 

  
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 7.11    Properties; Liens. Each Company has good and marketable
title to all its property reflected on the Current Financials (except for property that is obsolete or that has been disposed in the ordinary course of business or, after the date of this Agreement, as otherwise permitted by
Section 9.10 or Section 9.11). The execution, delivery, performance, or observance of the Loan Papers will not require or result in the creation of any
Lien (other than Lender Liens) on any Company’s property, and no Lien exists on any property of any Company except for Permitted Liens. 

7.12    Location; Real Estate Interests. Each Company’s chief executive office is located at the address on
the attached Schedule 7.12 or on the most recently amended Schedule 7.12. Each Company’s books and records concerning accounts and accounts receivable are located at its chief executive office, and all of its
inventory (other than inventory on consignment, in transit or in the possession of a subcontractor of any Company) is in its possession and, together with the Company’s other material assets, are located, until sold in the ordinary course of
business, at one or more of the locations on the attached Schedule 7.12 or on the most recently amended Schedule 7.12. Except as described on the attached Schedule 7.12, or
on the most recently amended Schedule 7.12, no Company has any ownership, leasehold, or other interest in real estate. 

7.13    Government Regulations. No Company is subject to regulation under the Investment Company Act of 1940, as
amended. 
 7.14    Transactions with Affiliates. Except as disclosed on the attached Schedule 7.14
other than the most recently amended Schedule 7.14 (if the disclosures are approved by Majority Lenders), no Company is a party to a material transaction with any of its Affiliates (excluding other Companies), other than transactions
in the ordinary course of business and upon fair and reasonable terms not materially less favorable than it could obtain or could become entitled to in an arm’s length transaction with a Person that was not its Affiliate. For purposes of this
Section 7.14, a transaction is “material” if it requires any Company to pay more than $10,000,000 during the term of the governing agreement. 

7.15    Debt. No Company is an obligor on any Funded Debt, other than Permitted Debt. 

7.16    Material Agreements. No Company is a party to any Material Agreement, other than the Loan Papers, any
Financial Hedge permitted hereunder and the Material Agreements described on the attached Schedule 7.16. All described Material Agreements are in full force and effect, and no default or potential default exists on the part of any
Company thereunder that is a Material Adverse Event. 
 7.17    Insurance. Each Company maintains with
financially sound, responsible, and reputable insurance companies or associations (or, as to workers’ compensation or similar insurance, with an insurance fund or by self-insurance authorized by the jurisdictions in which it operates) insurance
concerning its properties and businesses against casualties and contingencies and of types and in amounts (and with co-insurance and deductibles) as is customary in the case of similar businesses. 

  
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 7.18    Labor Matters. No actual or threatened strikes, labor
disputes, slow-downs, walkouts, or other concerted interruptions of operations by the employees of any Company that are a Material Adverse Event exist. Hours worked by and payment made to employees of the Companies have not been in violation of the
Fair Labor Standards Act or any other applicable Law dealing with labor matters, other than any violations, individually or collectively, that are not a Material Adverse Event. All payments due from any Company for employee health and welfare
insurance have been paid or accrued as a liability on its books, other than any nonpayments that are not, individually or collectively, a Material Adverse Event. 

7.19    Solvency. On each Borrowing Date, the Borrower, individually is, and the Companies, taken as a whole are,
and after giving effect to the requested Borrowing will be, Solvent. 
 7.20    Trade Names. No Company has used
or transacted business under any other corporate or trade name in the five-year period preceding the initial Borrowing Date, except as disclosed on the attached Schedule 7.20. 

7.21    Intellectual Property. Each Company owns or has the right to use all material licenses, patents, patent
applications, copyrights, service marks, trademarks, trademark applications, and trade names necessary to continue to conduct its businesses as presently conducted by it and proposed to be conducted by it immediately after the date of this
Agreement. Each Company is conducting its business without infringement or claim of infringement of any license, patent, copyright, service mark, trademark, trade name, trade secret or other intellectual property right of others, other than any
infringements or claims that, if successfully asserted against or determined adversely to any Company, would not, individually or collectively, constitute a Material Adverse Event. To the knowledge of any Company, no infringement or claim of
infringement by others of any material license, patent, copyright, service mark, trademark, trade name, trade secret or other intellectual property of any Company exists. Except as disclosed on the attached Schedule 7.21, or on the
most recently amended Schedule 7.21, no Company has any ownership or other interest in any United States or foreign trademark applications or registrations thereof, patent applications or issued patents, or copyright applications or
registrations thereof. 
 7.22    Full Disclosure, Etc. All information previously furnished, furnished on
the date of this Agreement, and furnished in the future, by any Company to Administrative Agent in connection with the Loan Papers (a) was, is, and will be, true and accurate in all material respects or based on reasonable estimates on the date
the information is stated or certified and (b) did not, does not, and will not, fail to state any fact the omission of which would otherwise make any such information materially misleading. As of the Closing Date, the information included in
the Beneficial Ownership Certification is true and correct in all respects. 
 7.23     Sanctions Concerns;
Anti-Terrorism Laws; Anti-Corruption Laws and EEA Financial Institution. 

  
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 (a)    Sanctions Concerns. Neither the Borrower
nor any Subsidiary thereof, nor, to the knowledge of the Borrower and its Subsidiaries, any director, officer, employee, agent, Affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or
entity that is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any
similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction. 

(b)    Anti-Corruption Laws. The Companies have each conducted their business in compliance with
the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010 and other similar anti-corruption legislation in other jurisdictions, and have instituted and maintained policies and procedures designed to promote and achieve
compliance with such laws. No part of the proceeds of the loans under the Facility will be used, directly or indirectly, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, or any other applicable anti-corruption
laws. 
 (c)    USA Patriot Act and Anti-Terrorism Laws. To the extent applicable, each Company
is in compliance with (i) the Trading with the Enemy Act, as amended, the International Emergency Economic Powers Act, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR Subtitle B, Chapter V, as
amended) and any other enabling legislation or executive order relating thereto and (ii) the USA Patriot Act and any other applicable Anti-Terrorism Law or anti-money laundering law or statute. Neither the making available of the loans under
the Facility nor the use of any part of the proceeds thereof will violate the (i) Trading with the Enemy Act, as amended, the International Emergency Economic Powers Act, and each of the foreign assets control regulations of the United States
Treasury Department (31 CFR Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto or any other applicable economic sanctions law, or (ii) the USA Patriot Act and any other applicable
anti-money laundering law or statute. 
 (d)    EEA Financial Institution. Neither the Borrower
nor any Subsidiary thereof nor any Guarantor is an EEA Financial Institution. 
 SECTION 8.    AFFIRMATIVE
COVENANTS. So long as Lenders are committed to fund any Borrowings and Administrative Agent is committed to issue LCs under this Agreement, and thereafter until the Obligation (other than unasserted contingent obligations) is paid in full,
Borrower covenants and agrees as follows: 
 8.1    Items to be Furnished. Borrower shall cause the following to
be furnished to Administrative Agent and each Lender: 
 (a)    Promptly after preparation, and no later
than one hundred (100) days after the last day of each fiscal year of Borrower, Financial Statements showing the consolidated financial condition and results of operations of the Companies as of, and for the year ended on, that last day,
accompanied by: 
 (i)    the unqualified opinion of Borrower’s Accountants, based
on an audit using generally accepted auditing standards, that the Financial Statements were prepared in accordance with GAAP and present fairly, in all material respects, the consolidated financial condition and results of operations of the
Companies, 

  
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 (ii)    certificate from the accounting
firm to Administrative Agent indicating that during its audit it obtained no knowledge of any Default or Potential Default or, if it obtained knowledge, the nature and period of existence thereof, and 

(iii)    a Compliance Certificate with respect to the Financial Statements. 

(b)    Promptly after preparation, and no later than fifty (50) days after the last day of the first
three fiscal quarters of Borrower, Financial Statements showing the consolidated financial condition and results of operations of the Companies for the fiscal quarter and for the period from the beginning of the current fiscal year to the last day
of the fiscal quarter, subject to ordinary year-end adjustments, accompanied by a Compliance Certificate with respect to the Financial Statements. 

(c)    Within thirty (30) days after the end of each fiscal year of Borrower (commencing with the
fiscal year ending on or about March 31, 2019), the financial budget for the next succeeding fiscal year, accompanied by a certificate executed by a Responsible Officer certifying that the budget was prepared by Borrower based on assumptions
that, in light of the historical performance of the Companies and their prospects for the future, are reasonable as of the date prepared. 

(d)    Promptly after receipt, a copy of each interim or special audit report and management letter issued
by Borrower’s Accountants with respect to any Company or its financial records. 
 (e)    Notice,
promptly after Borrower knows or has reason to know, of (i) the existence and status of any Litigation that, if determined adversely to any Company, would be a Material Adverse Event; (ii) any change in any material fact or circumstance
represented or warranted by any Company in any Loan Paper; (iii) the receipt by any Company of notice of any violation or alleged violation of ERISA or any Environmental Law (which individually or collectively with other violations or
allegations could reasonably be expected to constitute a Material Adverse Event); or (iv) a Default or Potential Default, specifying the nature thereof and what action the Companies have taken, are taking, or propose to take. 

(f)    Promptly after filing, copies of all material reports or filings filed by or on behalf of any
Company with any Tribunal. 
 (g)    Promptly following any written request therefor, such other
information and documentation reasonably requested by the Administrative Agent or any Lender (through Administrative Agent) for purposes of compliance with applicable “know your customer” requirements under the USA Patriot Act, the
Beneficial Ownership Regulation or other applicable Anti-Corruption and Anti-Terrorism Laws. 

  
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 (h)    Promptly upon reasonable request by
Administrative Agent or Majority Lenders (through Administrative Agent), information (not otherwise required to be furnished under the Loan Papers) respecting the business affairs, assets, and liabilities of the Companies and opinions, projections,
certifications, and documents in addition to those mentioned in this Agreement. 
 (i)    Promptly
following any such change, written notification of any change in the information provided in the most recently delivered Beneficial Ownership Certification that would result in a change to the list of beneficial owners identified therein. 

8.2    Use of Proceeds. Borrower shall use the proceeds of Borrowings only for the purposes set
forth in Section 7.1.    No part of the proceeds of the loans under the Facility will be used, directly or indirectly, in violation of the United States Foreign Corrupt Practices Act
of 1977, as amended, or any other applicable anti-corruption laws. Neither the making available of the loans under the Facility nor the use of any part of the proceeds thereof will violate the (i) Trading with the Enemy Act, as amended, the
International Emergency Economic Powers Act, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating
thereto or any other applicable economic sanctions law, or (ii) the USA Patriot Act and any other applicable anti-money laundering law or statute. 

8.3    Books and Records. Borrower will, and will cause each other Company, to maintain books, records, and
accounts necessary to prepare financial statements in accordance with GAAP. 
 8.4    Inspections. Upon
reasonable request and reasonable prior notice, Borrower will, and will cause each other Company, to allow Administrative Agent or any Lender (or their Representatives) to inspect any of its properties, to review reports, files, and other records,
and to make and take away copies, to conduct tests or investigations, and to discuss any of its affairs, conditions, and finances with its other creditors, directors, officers, employees, or representatives from time to time, during reasonable
business hours. 
 8.5    Taxes. Borrower will, and will cause each other Company, to promptly pay when due any
and all Taxes, other than Taxes which are being contested in good faith by lawful proceedings diligently conducted, against which reserve or other provision required by GAAP has been made, and in respect of which levy and execution of any Lien have
been and continue to be stayed. 
 8.6    Payment of Obligations. Borrower will, and will cause each other
Company, to promptly pay (or renew and extend) all of its material obligations as they become due (unless the obligations are being contested in good faith by appropriate proceedings). 

8.7    Expenses. Borrower shall promptly pay, within five (5) days following the receipt of a reasonably
detailed invoice therefor setting forth the amount thereof (a) all reasonable out-of-pocket costs, fees, and expenses paid or incurred by Administrative Agent in
connection with the arrangement, syndication, and negotiation of the Facility and the negotiation, preparation, delivery, and execution of the Loan Papers and any related amendment, waiver, or consent

  
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(including in each case, without limitation, the reasonable out-of-pocket fees and expenses of Administrative
Agent’s counsel) and (b) all costs, fees, and expenses of Lenders, Administrative Agent, and Arranger incurred by Administrative Agent, Arranger, or any Lender in connection with the enforcement of the obligations of any Company arising
under the Loan Papers or the exercise of any Rights arising under the Loan Papers (including, but not limited to, reasonable attorneys’ fees, expenses, and costs paid or incurred in connection with any workout or restructure and any action
taken in connection with any Debtor Relief Laws, provided that, with respect to the Lenders, the Borrower shall be required to pay for (i) one primary counsel for the Lenders (taken as a whole) unless a conflict arises, in which case the fees,
costs, client charges and expenses of one conflicts counsel shall also be reimbursed by the Borrower, and (ii) one local counsel for the Administrative Agent, the Arranger and the Lenders (taken as a whole) in each relevant jurisdiction), all
of which shall be a part of the Obligation and shall bear interest, if not paid upon demand, at the Default Rate until repaid. 

8.8    Maintenance of Existence, Assets, and Business. Except as otherwise permitted by
Section 9.11, Borrower will, and will cause each other Company to (a) maintain its corporate existence and good standing in its state of incorporation and its authority to transact business in all
other states where failure to maintain its authority to transact business is a Material Adverse Event; (b) maintain all licenses, permits, and franchises necessary for its business where failure to do so is a Material Adverse Event;
(c) keep all of its assets that are useful in and necessary to its business in good working order and condition (ordinary wear and tear and casualty and condemnation events excepted), and make all necessary repairs and replacements except to
the extent that failure to make such repairs or replacements could not reasonably be expected to have a Material Adverse Effect. 

8.9    Insurance. Borrower will, and will cause each other Company to, maintain with financially sound,
responsible, and reputable insurance companies or associations (or, as to workers’ compensation or similar insurance, with an insurance fund or by self-insurance authorized by the jurisdictions in which it operates) insurance concerning its
properties and businesses against casualties and contingencies and of types and in amounts (and with co-insurance and deductibles) as is customary in the case of similar businesses similarly situated
(including if applicable and required by law, the requisite flood insurance), which insurance may provide for reasonable deductibility from coverage thereof. Borrower shall, and shall cause each other Company to, deliver to Administrative Agent
certificates of insurance for each policy of insurance and evidence of payment of all premiums which certificates of insurance shall name Administrative Agent as an additional insured, secured party, mortgagee and loss payee and which provide
Administrative Agent with at least thirty (30) days’ notice of cancellation or reduction in coverage. If any insurance policy covered by an insurance certificate previously delivered to Administrative Agent is altered or canceled, then
Borrower shall cause to be promptly delivered to Administrative Agent a replacement certificate (in form and substance reasonably satisfactory to Administrative Agent). 

8.10    Preservation and Protection of Rights. Borrower will, and will cause each other Company to, perform the
acts and duly authorize, execute, acknowledge, deliver, file, and record any additional writings as Administrative Agent or Majority Lenders may reasonably deem necessary or appropriate to perfect and maintain the Lender Liens and preserve and
protect the Rights of Administrative Agent and Lenders under any Loan Paper. 

  
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 8.11    Environmental Laws. Borrower will, and will cause each
other Company to, (a) conduct its business so as to comply with all applicable Environmental Laws and shall promptly take corrective action to remedy any non-compliance with any Environmental Law, except
where failure to comply or take action would not have a monetary impact or cost to the Borrower equal to or in excess of five percent (5%) of the Borrower’s pre-tax income during the preceding Four
Quarter Period, or would otherwise not be a Material Adverse Event, such amount in no event to exceed $12,500,000 and (b) establish and maintain a management system designed to ensure compliance with applicable Environmental Laws and minimize
financial and other risks to each Company arising under applicable Environmental Laws or as the result of environmentally related injuries to Persons or property. Borrower shall deliver reasonable evidence of compliance with the foregoing covenant
to Administrative Agent within thirty (30) days after any request from Majority Lenders. 

8.12    Subsidiaries. In the event that at any time after the Closing Date, any Company acquires, creates or has
any Subsidiary, (I) within 90 days of such event, the Borrower shall cause the parent of such Subsidiary to execute an Equity Pledge Agreement to pledge to Administrative Agent for the benefit of Lenders all Equity Interests of each such
Subsidiary in accordance with, and to the extent required by the Equity Pledge Agreement, and if applicable, execute and deliver a stock or other power in form reasonably acceptable to Administrative Agent, as well as the original stock or other
equity certificate, if any, (II) within 90 days of such event, the Borrower will cause such Subsidiary (other than an Excluded Subsidiary) to execute, and deliver to the Administrative Agent, a Guaranty Supplement (as defined in the Guaranty),
a Security Agreement Joinder (as defined in the Security Agreement), and for all Subsidiaries, a joinder to the Intercompany Subordination Agreement and a Negative Pledge Agreement (to the extent such Subsidiary owns any real property), each in form
and substance reasonably satisfactory to the Administrative Agent, each duly executed by such applicable Subsidiary, pursuant to which such applicable Subsidiary joins in the Guaranty as a guarantor thereunder, the Security Agreement as a debtor or
grantor thereunder and the Intercompany Subordination Agreement as a party thereto, and (III) within 90 days after such Person becomes a Subsidiary of the Borrower, that the Borrower will cause such Subsidiary (other than an Excluded
Subsidiary) to deliver to Administrative Agent (A) a certificate from the secretary of the such Subsidiary attaching (i) a true and complete copy of the resolutions of its board of directors (or equivalent) and of all documents evidencing
all necessary corporate (or equivalent) action (in form and substance satisfactory to Administrative Agent) taken by it to authorize the execution and delivery of the Loan Papers to which it is a party and the transactions contemplated thereby,
(ii) attaching a true and complete copy of its organizational documents, (iii) setting forth the incumbency of its officer or officers or other analogous counterpart who may sign the Loan Papers, including therein a signature specimen of
such officer or officers and (iv) attaching a certificate of good standing (or equivalent) of the secretary of state of the jurisdiction of its organization and of each other jurisdiction in which it is qualified to do business,
(B) Uniform Commercial Code, tax and judgment lien search reports with respect to each applicable public office where Liens are or may be filed in respect of such Subsidiary disclosing that there are no Liens of record in such official’s
office covering any Collateral or showing such Subsidiary as debtor thereunder (other than Liens permitted to exist pursuant to Section 9.5), (C) legal opinions from counsel to such Subsidiary as may be reasonably required
by Administrative Agent and (D) to the extent requested, all documentation and all other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including
the USA Patriot Act. 

  
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 8.13    Indemnification. BORROWER WILL, AND WILL CAUSE EACH OTHER
COMPANY TO, JOINTLY AND SEVERALLY, INDEMNIFY, PROTECT, AND HOLD ADMINISTRATIVE AGENT, ARRANGER, AND LENDERS AND THEIR RESPECTIVE PARENTS, SUBSIDIARIES, AFFILIATES, REPRESENTATIVES, SUCCESSORS, AND ASSIGNS (INCLUDING ALL OFFICERS, DIRECTORS,
EMPLOYEES, AND AGENTS) (COLLECTIVELY, THE “INDEMNIFIED PARTIES”, AND EACH AN “INDEMNIFIED PARTY”) HARMLESS FROM AND AGAINST ANY AND ALL LIABILITIES, OBLIGATIONS, LOSSES, DAMAGES, PENALTIES, ACTIONS,
JUDGMENTS, SUITS, CLAIMS, AND PROCEEDINGS AND ALL COSTS, EXPENSES (INCLUDING, WITHOUT LIMITATION, ALL REASONABLE ATTORNEYS’ FEES AND LEGAL EXPENSES WHETHER OR NOT SUIT IS BROUGHT), AND DISBURSEMENTS OF ANY KIND OR NATURE THAT MAY AT ANY TIME BE
IMPOSED ON, INCURRED BY OR ASSERTED AGAINST THE INDEMNIFIED PARTIES, IN ANY WAY RELATING TO OR ARISING OUT OF (A) THE DIRECT OR INDIRECT RESULT OF THE VIOLATION BY ANY COMPANY OF ANY ENVIRONMENTAL LAW; (B) ANY COMPANY’S GENERATION,
MANUFACTURE, PRODUCTION, STORAGE, RELEASE, THREATENED RELEASE, DISCHARGE, DISPOSAL, OR PRESENCE IN CONNECTION WITH ITS PROPERTIES OF A HAZARDOUS SUBSTANCE (INCLUDING, WITHOUT LIMITATION, (I) ALL DAMAGES OF ANY USE, GENERATION, MANUFACTURE,
PRODUCTION, STORAGE, RELEASE, THREATENED RELEASE, DISCHARGE, DISPOSAL, OR PRESENCE OR (II) THE COSTS OF ANY ENVIRONMENTAL INVESTIGATION, MONITORING, REPAIR, CLEANUP, OR DETOXIFICATION AND THE PREPARATION AND IMPLEMENTATION OF ANY CLOSURE,
REMEDIAL OR OTHER PLANS); OR (C) THE LOAN PAPERS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN; PROVIDED HOWEVER, IF THERE IS MORE THAN ONE INDEMNIFIED PARTY HAVING A RIGHT TO DEFEND SUCH CLAIM, ACTION, PROCEEDING OR SUIT AS AFORESAID, THE
OBLIGATION OF BORROWER AND THE OTHER COMPANIES TO PAY THE FEES AND EXPENSES OF SUCH INDEMNIFIED PARTIES SHALL BE LIMITED TO ONE FIRM OF ATTORNEYS. ANY INDEMNIFIED PARTY SHALL ALSO HAVE THE RIGHT TO EMPLOY SEPARATE COUNSEL AND TO PARTICIPATE IN ITS
DEFENSE, BUT THE FEES AND EXPENSES OF SUCH COUNSEL SHALL BE BORNE BY SUCH INDEMNIFIED PARTY. ANY DECISION BY AN INDEMNIFIED PARTY TO EMPLOY ITS OWN COUNSEL (WHETHER OR NOT AT BORROWER’S EXPENSE) SHALL IN NO WAY AFFECT ANY RIGHTS OF SUCH
INDEMNIFIED PARTY OTHERWISE ARISING UNDER THIS SECTION 8.13. IN ADDITION, BORROWER AND THE OTHER COMPANIES WILL NOT BE LIABLE FOR ANY SETTLEMENT OF ANY CLAIM, ACTION, PROCEEDING OR SUIT UNLESS BORROWER HAS CONSENTED THERETO IN WRITING.
HOWEVER, ALTHOUGH EACH INDEMNIFIED PARTY HAS THE RIGHT TO BE INDEMNIFIED UNDER THE LOAN PAPERS FOR ITS OWN ORDINARY NEGLIGENCE, NO INDEMNIFIED PARTY HAS THE RIGHT TO BE INDEMNIFIED UNDER THE LOAN PAPERS FOR ITS OWN FRAUD, GROSS NEGLIGENCE, OR
WILLFUL MISCONDUCT, AS DETERMINED BY A COURT OF COMPETENT JURISDICTION BY FINAL AND NONAPPEALABLE JUDGMENT. THE PROVISIONS OF AND UNDERTAKINGS AND INDEMNIFICATION SET FORTH IN THIS PARAGRAPH SHALL SURVIVE THE SATISFACTION AND PAYMENT OF THE
OBLIGATION AND TERMINATION OF THIS AGREEMENT. 

  
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 8.14    Further Assurances. The Borrower shall, and shall cause
each Guarantor to, do such further things and execute such additional documents (including, without limitation, the perfection of security interest, in after-acquired property) as are reasonably requested by Lenders or the Administrative Agent. 

8.15    Change of Control. Borrower shall promptly, but in any event within five (5) Business Days, give
written notice to Administrative Agent upon obtaining knowledge of the occurrence of a Change of Control. 

8.16    Sanctions Concerns; Anti-Terrorism Laws and Anti-Corruption Laws. Without limitation of the covenants
contained in Section 9.7, the Borrower will, and will cause its Subsidiaries to, conduct their respective businesses in compliance with, and shall comply with the laws, regulations and executive orders
referred to in Section 7.23. 
 8.17    Waiver of Consequential
Damages, Etc. To the fullest extent permitted by applicable law, neither the Borrower nor any Guarantor shall assert, and each of them hereby waives, any claim against any Indemnified Party, on any theory of liability, for special,
indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Paper or any agreement or instrument contemplated hereby or thereby, the
transactions contemplated hereby or thereby, any loan or LC or the use of the proceeds thereof. No Indemnified Party referred to in Section 8.13 above shall be liable for any damages arising from the
use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Papers or the transactions
contemplated hereby or thereby. 
 SECTION 9.    NEGATIVE COVENANTS. So long as Lenders are committed to fund
Borrowings and the Administrative Agent is committed to issue LCs under this Agreement, and thereafter until the Obligation (other than unasserted contingent obligations) is paid in full, Borrower covenants and agrees as follows: 

9.1    Taxes. Borrower may not and may not permit any Company to use any portion of the proceeds of any Borrowing
to pay the wages of employees, unless a timely payment to or deposit with the United States of America of all amounts of Tax required to be deducted and withheld with respect to such wages is also made. 

9.2    Payment of Obligations. Borrower may not and may not permit any Company to voluntarily prepay principal of,
or interest on, any Debt (including for the purposes of this Section 9.2, any earnout or similar purchase price adjustments regardless of if the obligation with respect thereto has become a liability on the balance sheet of such Person) other
than the Obligation, if a Default or Potential Default exists. 
 9.3    Employee Plans. Except where a Material
Adverse Event would not result, Borrower may not and may not permit any Company to permit any of the events or circumstances described in Section 7.10 to exist or occur. 

  
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 9.4    Debt and Debt Instruments. Borrower may not and may not
permit any Company to create, incur, or suffer to exist any Funded Debt, other than Permitted Debt, nor materially modify, in a manner that is adverse to the Lenders, any Debt that is expressly subordinate (pursuant to its terms or a subordination
agreement) to the Obligation or any document or instrument evidencing such Debt. 
 9.5    Liens and Limitation on
Certain Restrictive Agreements. 
 (a)    Borrower may not and may not permit any Company to create,
incur, or suffer or permit to be created or incurred or to exist any Lien upon any of its assets other than Permitted Liens. 

(b)     Borrower may not and may not permit any Company to enter into or permit to exist any binding
arrangement or agreement that directly or indirectly prohibits any Company from creating or incurring any Lien on any of its assets to secure the Obligation, except for such restrictions existing under or by reason of (i) applicable law,
(ii) this Agreement and the other Loan Papers, (iii) customary provisions restricting subletting or assignment of any lease governing a leasehold interest, (iv) customary provisions restricting assignment of any licensing agreement
entered into in the ordinary course of business, (v) customary provisions restricting the transfer or further encumbering of assets subject to Liens permitted under clause (ii) of the definition of Permitted Liens, (vi) customary
restrictions under any agreement or instrument governing any of the Permitted Debt of a Company that are no more restrictive or burdensome than the comparable provision in this Agreement and so long as the same do not restrict the Liens securing
this Agreement and the other Loan Papers, (vii) customary restrictions contained in any document relating to Debt secured by a Permitted Lien so long as such restrictions relate only to the specific asset subject to the Permitted Lien,
(viii) any operating lease or Capitalized Lease, insofar as the provisions thereof limit grants of a security interest in, or other assignments of, the related leasehold interest to any other Person, (ix) customary restrictions contained
in an agreement related to the sale of property (to the extent such sale is permitted pursuant to the terms of this Agreement) that limit the transfer of such property pending the consummation of such sale or the imposition of any Lien on the
property to be disposed of thereunder pending the consummation of such disposition, (x) customary restrictions contained in the organizational documents of any Subsidiary that is not a Guarantor, and (xi) customary provisions in any joint
venture agreement and other similar agreements applicable to any joint venture that is not a Company to the extent that (A) such provisions apply only to the Equity Interests in, or the property held by, such joint venture and (B) such
joint venture is permitted hereunder. 
 9.6    Transactions with Affiliates. Except as disclosed on the attached
Schedule 7.14, or on the most recently amended Schedule 7.14, (if the disclosures are approved by Majority Lenders), Borrower may not and may not permit any Company to enter into any material transaction with any of its
Affiliates (excluding other Companies), other than transactions in the ordinary course of business and upon fair and reasonable terms not materially less favorable than it could obtain or could become entitled to in an arm’s length transaction
with a Person that was not its Affiliate and transactions permitted under Sections 9.8 and 9.9. For purposes of this Section 9.6, a transaction is “material” if it requires any Company to pay
more than $10,000,000 during the term of the agreement governing such transaction. 

  
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 9.7    Compliance with Laws and Documents. Borrower may not and
may not permit any Company to (a) violate the provisions of any Laws applicable to it or of any Material Agreement to which it is a party if that violation alone, or when aggregated with all other violations, would be a Material Adverse Event;
(b) violate the provisions of its charter or bylaws; or (c) repeal, replace, or amend any provision of its charter or bylaws if that action would be a Material Adverse Event. 

9.8    Loans, Advances, Acquisitions and Investments. Except as permitted by
Section 9.9 or Section 9.11, Borrower may not and may not permit any Company to (i) make or otherwise effect any Acquisition, or (ii) make any loan,
advance, extension of credit or capital contribution to, make any investment in, or purchase or commit to purchase any stock or other securities or evidences of Debt of, or interests in, any other Person; provided, however, Borrower or a Company may
make an Acquisition or advance to, investment in or purchase from another Person if: 
 (1)    (a) such action results in the
acquisition of such Person (or all or substantially all the assets of such Person, or any business or division of such Person) by Borrower or such Company, (b) such Person is in a line of business which is substantially the same as or
complementary to the Borrower’s principal line of business, (c) the executive offices of such Person are located in either the United States or Canada, and (d) immediately after giving Pro Forma Effect to such acquisition, and, if
applicable, the making of any loan or advance hereunder in connection with such acquisition, the Companies shall be in compliance with all covenants under Section 10 on a Pro Forma Basis and shall not be in Default or Potential Default under
this Agreement; provided that if any acquisition described in this clause (1) is in excess of an aggregate cost to Borrower or such Company of more than $85,000,000 (excluding any loans, advances or other extensions of credit or capital
contributions made or to be made by Borrower or such Company in connection with the consummation of such acquisition), Borrower shall deliver to Administrative Agent, prior to the consummation of such acquisition, a certificate of a Responsible
Officer of Borrower in form and substance reasonably satisfactory to Administrative Agent demonstrating, on a Pro Forma Basis after giving effect to such acquisition that the Companies shall be in compliance with all covenants in this Agreement, or

 (2)    such action is used to provide financial assistance to third parties that may be purchasing or subleasing certain facilities
owned or leased by Borrower or any other Company and the cumulative principal amount of such financing is not greater than $25,000,000 (provided that such third party loans shall be assigned to Lenders and shall not exceed a term of five
(5) years), or 
 (3)    such action is for investments in Cash Equivalents, or 

(4)    such action is for investments in marketable securities traded on a national securities exchange for which there can be obtained a
publicly quoted fair market value and the aggregate fair market value of such marketable securities is not greater than $10,000,000 at any time, or 

(5)    (a) such action results in the acquisition of a minority ownership interest in such Person by Borrower or such Company,
(b) such Person is in a line of business which is substantially the same as or complementary to the Borrower’s principal line of business, (c) the executive offices of such Person are located in either the United States or Canada, and
(d) immediately after giving Pro Forma Effect to such acquisition and, if applicable, the making of any loan or advance hereunder in connection with such acquisition, the Companies shall be in compliance with all

  
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covenants under Section 10 on a Pro Forma Basis and shall not be in Default or Potential Default under this Agreement; provided that if any acquisition described in this clause (5) is
in excess of an aggregate cost to Borrower or such Company of more than $55,000,000 (excluding any loans, advances or other extensions of credit or capital contributions made or to be made by Borrower or such Company in connection with the
consummation of such acquisition), Borrower shall deliver to Administrative Agent, prior to the consummation of such acquisition, a certificate of a Responsible Officer of Borrower in form and substance satisfactory to Administrative Agent
demonstrating, on a Pro Forma Basis after giving effect to such acquisition that the Companies shall be in compliance with all covenants in this Agreement, or 

(6)    such action is for investments consisting of extensions of credit or capital contributions by any Company to or in
any other Company, or 
 (7)    so long as not prohibited by applicable laws, such action is for loans and advances to
employees in the ordinary course of business not to exceed $300,000 in the aggregate at any time outstanding, or 

(8)    such action is for investments in securities or assets not constituting cash or Cash Equivalents received as part
of the consideration in connection with transactions permitted pursuant to Section 9.10, or 
 (9)    such action
is for investments acquired in connection with the settlement of delinquent accounts in the ordinary course of business or in connection with the bankruptcy or reorganization of suppliers or customers, or 

(10)    such action is for other investments and/or loans not to exceed $15,000,000 in the aggregate at any one time
outstanding. 
 9.9    Dividends and Distributions. Borrower may not, and may not permit any Company to, declare,
make, or pay any Distribution, other than Distributions declared, made, or paid by (a) Borrower wholly in the form of its capital stock; (b) any other Company to Borrower; (c) Borrower in cash in respect of the retirement, redemption,
purchase or other acquisition of its Equity Interests or other equity securities, provided that, before and after giving effect to any such retirement, redemption, purchase or other acquisition, the Companies shall be in compliance with all
covenants under Section 10 and shall not be in Default or Potential Default under this Agreement; (d) Borrower in cash in respect of Distributions on its Equity Interests or other equity securities so long as (i) the Companies are in
compliance with all covenants under Section 10, (ii) no Default exists under this Agreement, and (iii) immediately after making any such Distributions, Borrower’s Adjusted Debt to EBITDAR
(determined on a Pro Forma Basis after giving effect to such payment) shall be greater than or equal to 0.50x inside the applicable threshold required under Section 10(b) hereof (this latter condition being referred to herein as the
“Leverage Covenant Cushion Condition”), and (e) to the extent the Leverage Covenant Cushion Condition is not satisfied, Borrower in cash in respect of Distributions on its Equity Interests or other equity
securities in an aggregate amount, in any Four Quarter Period, not to exceed an amount equal to 50% of the Net Income of Borrower and its Subsidiaries for the immediately preceding Four Quarter Period, provided that, before and after giving effect
to any such cash Distribution, the Companies shall be in compliance with all covenants under Section 10 and shall not be in Default under this Agreement. Borrower may not and may not permit any

  
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Company to enter into or permit to exist any arrangement or agreement (other than the Loan Papers) that prohibits it from paying dividends or other distributions to its shareholders other than
(i) any agreement in effect on the date of this Agreement, or any extension, replacement or continuation of any such agreement, (ii) any applicable law, rule or regulation (including, without limitation, applicable state corporate statutes
restricting the payment of dividends in certain circumstances), (iii) customary restrictions in agreements for the sale of assets on the transfer or encumbrance of such assets during an interim period prior to the closing of the sale of such assets
and (iv) customary restrictions in contracts that prohibit the assignment of such contract. 
 9.10    Sale of
Assets. Borrower may not and may not permit any Company to sell, assign, lease, transfer, or otherwise dispose of any of its assets, other than (a) sales of inventory in the ordinary course of business; (b) the sale, discount, or
transfer of delinquent accounts receivable in the ordinary course of business for purposes of collection; (c) occasional sales, leases, or other dispositions of surplus or immaterial assets for consideration not less than fair market value;
(d) sales, leases, or other dispositions of assets that are obsolete, worn out, damaged or have negligible fair market value; (e) sales of equipment for a fair and adequate consideration (but if replacement equipment is necessary for the
proper operation of the business of the seller, the seller must promptly replace the sold equipment); (f) sale and leasebacks of real property that do not in the aggregate exceed forty percent (40%) of the Borrower’s capital expenditures in the
prior fiscal year; (g) sale, lease, or other disposition (i) by a Company of its assets to the Borrower, or (ii) by the Borrower to another Company, provided that with respect to this clause (g)(ii), in the event such Company is an
Excluded Subsidiary, either (A) terms of such disposition must be fair and reasonable and not materially less favorable than the Borrower could obtain or could become entitled to in an arm’s length transaction with a Person that was not an
Affiliate, or (B) the amount that is otherwise sold, leased, or disposed under this clause (g)(ii) that does not qualify for clause (A) shall not exceed $10,000,000 in the aggregate; (h) sale and leasebacks of equipment that are
acquired and sold within twelve (12) months of acquisition of such equipment; (i) sales of assets or sale-leasebacks (as defined in Section 9.16) of assets the aggregate net proceeds in
respect of which do not exceed $100,000,000 during the period from the Closing Date to the Facility Maturity Date and sold for a price which is within a fair market value for such assets, provided that if the net proceeds from any single transaction
in respect of any sale-leaseback of assets is in excess of $30,000,000, Borrower shall deliver to Administrative Agent, prior to the consummation of such sale-leaseback, a certificate of a Responsible Officer of Borrower demonstrating, on a Pro
Forma Basis after giving effect to such sale-leaseback that the Companies shall be in compliance with all the covenants in this Agreement; (j) as disclosed on the attached Schedule 9.10; (k)(i) sale or other dispositions of
Cash Equivalents in the ordinary course of business made to a Person that is not an Affiliate of any Company and (ii) conversions of Cash Equivalents into cash or other Cash Equivalents that continues to be owned by the Company that owned the
Cash Equivalents converted; (l) licenses, sublicenses, leases or subleases granted to any other Person in the ordinary course of business, and any renewal or extension or termination thereof, that do not materially interfere with the business
of the Companies, taken as a whole; (m) the sale or disposition, within 360 days after the acquisition thereof, of any portion of a business or operations acquired in an Acquisition permitted hereunder, that is, in the reasonable good faith
judgment of the Borrower, no longer economically practicable or commercially reasonable to maintain or useful in the conduct of the business of Borrower and its Subsidiaries, taken as a whole; (n) sales and other dispositions of

  
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Equity Interests of any Subsidiary not in violation of Section 9.17; (o) the condemnation, seizure, or other appropriation or taking of assets of a
Company by any Tribunal that would not be a Default under 11.5(b), and (p) dispositions of property subject to casualty, provided the aggregate value of all such dispositions subject to casualty does not exceed $35,000,000 at any time. 

9.11    Mergers and Dissolutions. Borrower may not and may not permit any Company to merge or consolidate with any
other Person or liquidate, wind up, or dissolve (or suffer any liquidation or dissolution) or consummate any statutory plan of division; provided, however, if after giving effect thereto, no Default shall have occurred and be continuing (a) any
Company may merge into or consolidate with the Borrower in a transaction in which the Borrower is the surviving corporation; (b) any Person other than the Borrower may merge into or consolidate with any Subsidiary of the Borrower in a
transaction in which the surviving entity is such Subsidiary; (c) any Subsidiary of the Borrower may liquidate, wind-up, or dissolve so long as the Borrower determines in good faith that such liquidation
or dissolution is in the best interest of the Borrower; and (d) any Company may consummate any plan of division so long as such Company shall have complied with Section 8.12 to the extent applicable. 

9.12    Assignment. Borrower may not and may not permit any Company to assign or transfer any of its Rights,
duties, or obligations under any of the Loan Papers. 
 9.13    Fiscal Year and Accounting Methods. Borrower may
not and may not permit any Company to change its fiscal year or its method of accounting (other than immaterial changes in methods or as required or permitted by GAAP). 

9.14    New Businesses. Borrower may not and may not permit any Company to engage in any business except the
businesses in which they are presently engaged and any other reasonably related business. 
 9.15    Government
Regulations. Borrower may not and may not permit any Company to conduct its business in a way that it becomes regulated under the Investment Company Act of 1940, as amended. 

9.16    Leases; Sale-Leasebacks; Tax Leases. Except as otherwise permitted by
Section 9.10, the Borrower will not, and will not permit any Subsidiary to, enter into any arrangement whereby the Borrower or any such Subsidiary shall sell or transfer property owned by the Borrower
or such Subsidiary and then or thereafter as Lessee rent or lease such property (any such arrangement being herein referred to as a “sale-leaseback”). 

9.17    Subsidiaries. The Borrower will not permit any Person other than a Company to acquire, directly or
indirectly, beneficially or of record, shares representing more than thirty-five percent (35%) of the aggregate ordinary voting power represented by the issued and outstanding capital stock of any Subsidiary of the Borrower, except as otherwise
permitted under Section 9.10 or Section 9.11. 
 SECTION
10.    FINANCIAL COVENANTS. So long as Lenders are committed to fund Borrowings and Administrative Agent is committed to issue LCs under this Agreement, and thereafter until the Obligation (other than unasserted
contingent obligations) is paid and 

  
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performed in full, Borrower covenants and agrees to comply with the following financial covenants as calculated on the last day of each fiscal quarter period and certified by Borrower in the most
recent Compliance Certificate delivered to Administrative Agent, on behalf of the Lenders, from time to time in accordance with the terms of this Agreement: 

(a)    Interest Coverage Ratio. At all times, Borrower shall not permit the Interest Coverage Ratio
to be less than 1.55 to 1.00. 
 (b)    Adjusted Debt to EBITDAR. Borrower shall not permit
Adjusted Debt to EBITDAR to exceed 4.75 to 1.00 as of the last day of any such fiscal quarter, provided that the Borrower may, in its sole discretion, upon the consummation of a Qualified Acquisition, elect to have the covenant step up to a maximum
of 5.00 to 1.00. Such election must be made by Borrower within the 12 full months following the consummation of the applicable Qualified Acquisition. The covenant will be measured beginning with the first fiscal quarter end following such election
and continue for the next three fiscal quarter ends thereafter (e.g., if a Qualified Acquisition closed in January 2020 and the Borrower selected September 2020 as the testing commencement month, the 5.00 to 1.00 covenant requirement would apply and
be measured from and including the fiscal quarter ending on September 30, 2020 through and including the fiscal quarter ending on June 30, 2021). Such step up option may only be elected two times over the life of this Agreement (each of
which must be elected with respect to different Qualified Acquisitions). 
 SECTION 11.    DEFAULT. The term
Default means the occurrence of any one or more of the following events: 
 11.1    Payment of Obligation. The
failure of any Company to pay any part of the Obligation within five (5) Business Days after it becomes due and payable under the Loan Papers. 

11.2    Covenants. The failure of Borrower (and, if applicable, any other Company) to punctually and properly
perform, observe, and comply with: 
 (a)    Any covenant or agreement contained in Sections 8.2,
9.2, 9.9, 9.10, 9.11, 9.12, or 9.16; 
 (b)    Any covenant or agreement contained
in Section 8.1(a) and (b), 8.3, 8.4, 8.8, 9.3, 9.4, 9.8, 9.13, 9.14, 9.15, or 9.17, and failure continues for ten (10) days after the first
to occur of (i) Borrower knows of or (ii) Borrower receives notice from Administrative Agent of, such failure; or 

(c)    Any other covenant or agreement contained in any Loan Paper (other than the covenants to pay the
Obligation and the covenants in clauses (a) and (b) preceding), and failure continues for thirty (30) days after the first to occur of (i) Borrower knows of or (ii) Borrower receives notice from Administrative Agent of, such
failure. 
 11.3    Debtor Relief. Any Company (a) is not Solvent; (b) fails to pay its Debts generally
as they become due; (c) voluntarily seeks, consents to, or acquiesces in the benefit of any Debtor Relief Law; or (d) becomes a party to or is made the subject of any proceeding provided for by any Debtor Relief Law, other than as a
creditor or claimant, that could suspend or otherwise adversely affect the Rights of Administrative Agent or any Lender granted in the Loan Papers (unless, if the proceeding is involuntary, the applicable petition is dismissed within sixty
(60) days after its filing). 

  
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 11.4    Judgments and Attachments. Any Company fails, within
sixty (60) days after entry, to pay, bond or otherwise discharge any judgment or order for the payment of money in excess of $10,000,000 (individually or collectively) or any warrant of attachment, sequestration, or similar proceeding against
any Company’s assets having a value (individually or collectively) of $12,500,000, which is neither (a) stayed on appeal nor (b) diligently contested in good faith by appropriate proceedings and adequate reserves have been set aside
on its books in accordance with GAAP. 
 11.5    Government Action. (a) A final non-appealable order is issued by any Tribunal (including, but not limited to, the United States Justice Department) seeking to cause any Company to divest a significant portion of its assets under any antitrust,
restraint of trade, unfair competition, industry regulation or similar Laws or (b) any Tribunal condemns, seizes or otherwise appropriates or takes custody or control of all or any substantial portion of the assets of any Company. 

11.6    Misrepresentation. Any representation or warranty made by any Company contained in any Loan Paper at any
time proves to have been materially incorrect when made. 
 11.7    Change of Control. A Change of Control shall
occur, whether directly or indirectly. 
 11.8    Default Under Other Agreements. (a) Any Company fails to
pay when due (after lapse of any applicable grace period) any Debt in excess (individually or collectively) of $12,500,000; (b) any default exists under any agreement to which a Company is a party, the effect of which is to cause, or to permit any
Person (other than a Company) to cause, an amount in excess (individually or collectively) of $10,000,000 to become due and payable by any Company before its stated maturity; or (c) any Debt in excess (individually or collectively) of
$10,000,000 is declared to be due and payable or required to be prepaid by any Company before its stated maturity. 

11.9    LCs. Administrative Agent is served with, or becomes subject to, a court order, injunction, or other
process or decree restraining or seeking to restrain it from paying any amount under any LC and either (a) a drawing has occurred under the LC and Borrower has refused to reimburse Administrative Agent for payment or (b) the expiration
date of the LC has occurred but the right of any beneficiary thereunder to draw under the LC has been extended past the expiration date in connection with the pendency of the related court action or proceeding and Borrower has failed to deposit with
Administrative Agent cash collateral in an amount equal to Administrative Agent’s maximum exposure under the LC. 

11.10    Validity and Enforceability of Loan Papers. Except in accordance with its terms or as otherwise expressly
permitted by this Agreement, any Loan Paper at any time after its execution and delivery ceases to be in full force and effect in any material respect or is declared by a Tribunal to be null and void or its validity or enforceability is contested in
writing by any Company party thereto or any Company denies in writing that it has any further liability or obligations under any Loan Paper to which it is a party. 

  
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 11.11    Employee Benefit Plans. Any of the following exists with
respect to any Employee Plan of any Company: (a) a Reportable Event; (b) disqualification or involuntary termination proceedings; (c) voluntary termination proceedings are initiated while a funding deficiency (as determined under
section 412 of the Code) exists; (d) withdrawal liability exists with respect to a Multiemployer Plan; (e) a trustee is appointed by any federal district court or the PBGC to administer an Employee Plan; (f) termination proceedings
are initiated by the PBGC; (g) failure by any Company to promptly notify Administrative Agent upon its receipt of notice of any proceeding or other actions that may result in termination of an Employee Plan if the proceeding, event or
termination would constitute a Material Adverse Event. 
 SECTION 12.    RIGHTS AND REMEDIES. 

12.1    Remedies Upon Default. 

(a)    If a Default (i) occurs under Section 11.3(c) or
(ii) occurs and is continuing under Section 11.3(a), (b), or (d), the commitment to extend credit under this Agreement automatically terminates, the entire unpaid
balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever, and Borrower must provide cash collateral in an amount equal to the then-existing LC Exposure. 

(b)    If a Default occurs and is continuing, subject to the terms of
Section 13.5(b), Administrative Agent may (with the consent of, and must, upon the request of, Majority Lenders), do any one or more of the following: (i) if the maturity of the Obligation has not
already been accelerated under Section 12.1(a), declare the entire unpaid balance of all or any part of the Obligation immediately due and payable, whereupon it is due and payable; (ii) terminate
the commitments of Lenders to extend credit under this Agreement; (iii) reduce any claim to judgment; (iv) to the extent permitted by Law, exercise (or request each Lender to, and each Lender is entitled to, exercise) the Rights of offset
or banker’s Lien against the interest of any Company in and to every account and other property of any Company that are in the possession of Administrative Agent or any Lender to the extent of the full amount of the Obligation (and to the
extent permitted by Law, each Company is deemed directly obligated to each Lender in the full amount of the Obligation for this purpose); (v) demand Borrower to provide cash collateral in an amount equal to the LC Exposure then existing; and
(vi) exercise any and all other legal or equitable Rights afforded by the Loan Papers, the Laws of the State of New York, or any other applicable jurisdiction. 

(c)    If, in reliance on Section 13.5(b), Administrative
Agent refuses to take any action under Section 12.1(b) at the request of Majority Lenders, then Majority Lenders may take that action. 

12.2    Company Waivers. To the extent permitted by Law, each Company waives presentment and demand for payment,
protest, notice of intention to accelerate, notice of acceleration, and notice of protest and nonpayment and agrees that its liability with respect to all or any part of the Obligation is not affected by any renewal or extension in the time of
payment of all or any part of the Obligation, by any indulgence, or by any release or change in any security for the payment of all or any part of the Obligation. 

  
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 12.3    Performance by Administrative Agent. If any covenant,
duty or agreement of any Company is not performed in accordance with the terms of the Loan Papers, Administrative Agent may, while a Default exists, at its option (but subject to the approval of Majority Lenders), perform or attempt to perform that
covenant, duty or agreement on behalf of that Company (and any amount expended by Administrative Agent in its performance or attempted performance is payable by the Companies, jointly and severally, to Administrative Agent on demand, becomes part of
the Obligation, and bears interest at the Default Rate from the date of Administrative Agent’s expenditure until paid). However, neither Administrative Agent nor any Lender assumes or shall have, except by its express written consent, any
liability or responsibility for the performance of any covenant, duty, or agreement of any Company. 
 12.4    Not in
Control. None of the covenants or other provisions contained in any Loan Paper shall, or shall be deemed to, give Administrative Agent or Lenders the Right to exercise control over the assets (including, without limitation, real property),
affairs, or management of any Company; the power of Administrative Agent and Lenders is limited to the Right to exercise the remedies provided in this Section 12. 

12.5    Course of Dealing. The acceptance by Administrative Agent or Lenders of any partial payment on the
Obligation shall not be deemed to be a waiver of any Default then existing. No waiver by Administrative Agent, Majority Lenders, or Lenders of any Default shall be deemed to be a waiver of any other then-existing or subsequent Default. No delay or
omission by Administrative Agent, Majority Lenders, or Lenders in exercising any Right under the Loan Papers will impair that Right or be construed as a waiver thereof or any acquiescence therein, nor will any single or partial exercise of any Right
preclude other or further exercise thereof or the exercise of any other Right under the Loan Papers or otherwise. 

12.6    Cumulative Rights. All Rights available to Administrative Agent, Majority Lenders, and Lenders under the
Loan Papers are cumulative of and in addition to all other Rights granted to Administrative Agent, Majority Lenders, and Lenders at law or in equity, whether or not the Obligation is due and payable and whether or not Administrative Agent, Majority
Lenders, or Lenders have instituted any suit for collection, foreclosure, or other action in connection with the Loan Papers. 

12.7    Application of Proceeds. Any and all proceeds ever received by Administrative Agent or Lenders from the
exercise of any Rights pertaining to the Obligation shall be applied to the Obligation according to Section 3.11. 

12.8    Diminution in Value of Collateral. Neither Administrative Agent nor any Lender has any liability or
responsibility whatsoever for any diminution in or loss of value of any collateral now or hereafter securing payment or performance of all or any part of the Obligation (other than diminution in or loss of value caused by its gross negligence or
willful misconduct). 

  
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 12.9    Certain Proceedings. Borrower will promptly execute and
deliver, or cause the execution and delivery of, all applications, certificates, instruments, registration statements, and all other documents and papers Administrative Agent or Majority Lenders reasonably request in connection with the obtaining of
any consent, approval, registration, qualification, permit, license, or authorization of any Tribunal or other Person necessary or appropriate for the effective exercise of any Rights under the Loan Papers. Because Borrower agrees that
Administrative Agent’s and Majority Lenders’ remedies at Law for failure of Borrower to comply with the provisions of this paragraph would be inadequate and that failure would not be adequately compensable in damages, Borrower agrees that
the covenants of this paragraph may be specifically enforced. 
 SECTION 13.    AGREEMENT AMONG LENDERS. 

13.1    Administrative Agent. 

(a)    Each Lender appoints Administrative Agent (and Administrative Agent accepts appointment) as its
nominee and agent, in its name and on its behalf: (i) to act as its nominee and on its behalf in, under and in accordance with all Loan Papers; (ii) to arrange the means whereby its funds are to be made available to Borrower under the Loan
Papers; (iii) to take any action that it properly requests under the Loan Papers (subject to the concurrence of other Lenders as may be required under the Loan Papers); (iv) to receive all documents and items to be furnished to it under the
Loan Papers; (v) to be the secured party, mortgagee, beneficiary, recipient, and similar party in respect of any collateral for the benefit of Lenders; (vi) to promptly distribute to it all material information, requests, documents, and
items received from Borrower under the Loan Papers; (vii) to promptly distribute to it its ratable part of each payment or prepayment (whether voluntary, as proceeds of collateral upon or after foreclosure, as proceeds of insurance thereon, or
otherwise) in accordance with the terms of the Loan Papers (including without limitation, environmental notices, notices of default and all financial statements and Compliance Certificates); and (viii) to deliver to the appropriate Persons
requests, demands, approvals, and consents received from it. However, Administrative Agent may not be required to take any action that exposes it to personal liability or that is contrary to any Loan Paper or applicable Law. 

(b)    If the initial or any successor Administrative Agent ever ceases to be a party to this Agreement or
if the initial or any successor Administrative Agent ever resigns (whether voluntarily or at the request of Majority Lenders), then Majority Lenders (with, so long as no Default under Section 11.1 or
Section 11.3 is then continuing, the consent of the Borrower, which shall not be unreasonably withheld, delayed or conditioned) shall appoint the successor Administrative Agent from among the Lenders with Commitment Sums of at
least $25,000,000 (other than the resigning Administrative Agent). If Majority Lenders fail to appoint a successor Administrative Agent within thirty (30) days after the resigning Administrative Agent has given notice of resignation or Majority
Lenders have removed the resigning Administrative Agent, then the resigning Administrative Agent may, on behalf of Lenders and with the consent of the Borrower, which shall not be unreasonably withheld or delayed, appoint a successor Administrative
Agent, which must be a commercial bank having a combined capital and surplus of at least $1,000,000,000 (as shown on its most recently published statement of condition). 

  
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If Administrative Agent becomes a Defaulting Lender due to the Majority Lenders determining that the Administrative Agent has become or is insolvent or has a parent company that has become or is
insolvent or become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it, or has taken any action in furtherance of, or has indicated its consent to, approval of or
acquiescence in any such proceeding or appointment or has a parent company that has become the subject of a bankruptcy or insolvency proceeding or has had a receiver, conservator, trustee or custodian appointed for it, or has taken any action in
furtherance of, or has indicated its consent to, approval of or acquiescence in any such proceeding or appointment, the Majority Lenders may agree in writing to remove and replace the Administrative Agent with a successor administrative agent from
among the Lenders with (so long as no Default has occurred and is continuing) the consent of Borrower (such consent not to be unreasonably withheld, delayed, or conditioned). Upon its acceptance of appointment as successor Administrative Agent, the
successor Administrative Agent succeeds to and becomes vested with all of the Rights of the prior Administrative Agent, and the prior Administrative Agent is discharged from its duties and obligations of Administrative Agent under the Loan Papers
(but, when used in connection with LCs issued and outstanding before the appointment of the successor Administrative Agent, “Administrative Agent” shall continue to refer solely to Citizens Bank, N.A.), and each Lender shall execute such
documents as any Lender, the resigning or removed Administrative Agent, or the successor Administrative Agent reasonably request to reflect the change. After any Administrative Agent’s resignation or removal as Administrative Agent under the
Loan Papers, the provisions of this Section 13 inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under the Loan Papers. 

(c)    Administrative Agent, in its capacity as a Lender, has the same Rights under the Loan Papers as any
other Lender and may exercise those Rights as if it were not acting as Administrative Agent; the term “Lender” shall, unless the context otherwise indicates, include Administrative Agent; and Administrative Agent’s resignation or
removal shall not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but simply is acting in
the capacity described in this Agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Loan Papers, and that
Administrative Agent in its capacity as a Lender has all Rights of any other Lender. 

(d)    Administrative Agent may now or hereafter be engaged in one or more loan, letter of credit, leasing
or other financing transaction with Borrower, act as trustee or depositary for Borrower, or otherwise be engaged in other transactions with Borrower (the “other activities”) not the subject of the Loan Papers. Without limiting the Rights
of Lenders specifically set forth in the Loan Papers, Administrative Agent is not responsible to account to Lenders for those other activities, and no Lender shall have any interest in any other activities, any present or future guaranties by or for
the account of Borrower that are not contemplated or included in the Loan Papers, any present or future offset exercised by Administrative Agent in respect of those other activities, any present or future property taken as security for any of those
other activities, or any property now or hereafter in Administrative Agent’s possession or control that may be or become security for the obligations of Borrower arising under the Loan Papers by reason of the general description of indebtedness
secured or of property contained in any other agreements, documents, or instruments related to any of those other activities (but, if any payments in respect of those guaranties or that property or the proceeds thereof is applied by Administrative
Agent to reduce the Obligation, then each Lender is entitled to share ratably in the application as provided in the Loan Papers). 

  
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 13.2    Expenses. Each Lender shall pay its Pro Rata Part of any
reasonable expenses (including, without limitation, court costs, reasonable attorneys’ fees, and other costs of collection) incurred by Administrative Agent (while acting in such capacity) in connection with any of the Loan Papers if
Administrative Agent is not reimbursed from other sources within thirty (30) days after incurrence. Each Lender is entitled to receive its Pro Rata Part of any reimbursement that it makes to Administrative Agent if Administrative Agent is
subsequently reimbursed from other sources. 
 13.3    Proportionate Absorption of Losses. Except as otherwise
provided in the Loan Papers, nothing in the Loan Papers gives any Lender any advantage over any other Lender insofar as the Obligation (other than any Hedging Obligation or Cash Management Obligation) is concerned or to relieve any Lender from
ratably absorbing any losses sustained with respect to the Obligation (except (x) for Hedging Obligations, (y) Cash Management Obligation and (z) to the extent unilateral actions or inactions by any Lender result in Borrower or any
other obligor on the Obligation having any credit, allowance, setoff, defense, or counterclaim solely with respect to all or any part of that Lender’s Pro Rata Part of the Obligation). 

13.4    Delegation of Duties; Reliance. Lenders may perform any of their duties or exercise any of their Rights
under the Loan Papers by or through Administrative Agent, and Lenders and Administrative Agent may perform any of their duties or exercise any of their Rights under the Loan Papers by or through their respective Representatives. Administrative
Agent, Lenders and their respective Representatives (a) are entitled to rely upon (and shall be protected in relying upon) any written or oral statement believed by it or them to be genuine and correct and to have been signed or made by the
proper Person and, with respect to legal matters, upon opinion of counsel selected by Administrative Agent or that Lender (but nothing in this clause (a) permits Administrative Agent to rely on (i) oral statements if a writing is required
by this Agreement or (ii) any other writing if a specific writing is required by this Agreement), (b) are entitled to deem and treat each Lender as the owner and holder of its Pro Rata Part of the Principal Debt for all purposes until, subject
to Section 14.12, written notice of the assignment or transfer is given to and received by Administrative Agent (and any request, authorization, consent or approval of any Lender is conclusive and
binding on each subsequent holder, assignee or transferee of or Participant in that Lender’s Pro Rata Part of the Principal Debt until that notice is given and received), (c) are not deemed to have notice of the occurrence of a Default unless a
responsible officer of Administrative Agent, who handles matters associated with the Loan Papers and transactions thereunder, has actual knowledge or Administrative Agent has been notified by a Lender or Borrower, and (d) are entitled to
consult with legal counsel (including counsel for Borrower), independent accountants, and other experts selected by Administrative Agent and are not liable for any action taken or omitted to be taken in good faith by it in accordance with the advice
of counsel, accountants, or experts. 

  
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 13.5    Limitation of Administrative Agent’s
Liability. 
 (a)    Neither Administrative Agent nor any of its Representatives will be
liable for any action taken or omitted to be taken by it or them under the Loan Papers in good faith and believed by it or them to be within the discretion or power conferred upon it or them by the Loan Papers or be responsible for the consequences
of any error of judgment (except for fraud, gross negligence or willful misconduct), and neither Administrative Agent nor any of its Representatives has a fiduciary relationship with any Lender by virtue of the Loan Papers (but nothing in this
Agreement negates the obligation of Administrative Agent to account for funds received by it for the account of any Lender). 

(b)    Unless indemnified to its satisfaction, Administrative Agent may not be compelled to do any act
under the Loan Papers or to take any action toward the execution or enforcement of the powers thereby created or to prosecute or defend any suit in respect of the Loan Papers. If Administrative Agent requests instructions from Lenders, or Majority
Lenders, as the case may be, with respect to any act or action in connection with any Loan Paper, Administrative Agent is entitled to refrain (without incurring any liability to any Person by so refraining) from that act or action unless and until
it has received instructions. In no event, however, may Administrative Agent or any of its Representatives be required to take any action that it or they determine could incur for it or them criminal or onerous civil liability. Without limiting the
generality of the foregoing, no Lender has any right of action against Administrative Agent as a result of Administrative Agent’s acting or refraining from acting under this Agreement in accordance with instructions of Majority Lenders, or, if
unanimity is required, in accordance with instructions of all Lenders. 
 (c)    Administrative Agent is
not responsible to any Lender or any Participant for, and each Lender represents and warrants that it has not relied upon Administrative Agent in respect of, (i) the creditworthiness of any Company and the risks involved to that Lender,
(ii) the effectiveness, enforceability, genuineness, validity or due execution of any Loan Paper (other than by Administrative Agent), (iii) any representation, warranty, document, certificate, report or statement made therein (other than by
Administrative Agent) or furnished thereunder or in connection therewith, (iv) the adequacy of any collateral now or hereafter securing the Obligation or the existence, priority or perfection of any Lien now or hereafter granted or purported to
be granted on the collateral under any Loan Paper, or (v) the observance of or compliance with any of the terms, covenants or conditions of any Loan Paper on the part of any Company. EACH LENDER AGREES TO INDEMNIFY ADMINISTRATIVE AGENT AND ITS
REPRESENTATIVES AND HOLD THEM HARMLESS FROM AND AGAINST (BUT LIMITED TO SUCH LENDER’S PRO RATA PART OF) ANY AND ALL LIABILITIES, OBLIGATIONS, LOSSES, DAMAGES, PENALTIES, ACTIONS, JUDGMENTS, SUITS, COSTS, REASONABLE EXPENSES, AND REASONABLE
DISBURSEMENTS OF ANY KIND OR NATURE WHATSOEVER THAT MAY BE IMPOSED ON, ASSERTED AGAINST, OR INCURRED BY THEM IN ANY WAY RELATING TO OR ARISING OUT OF THE LOAN PAPERS OR ANY ACTION TAKEN OR OMITTED BY THEM UNDER THE LOAN PAPERS IF ADMINISTRATIVE
AGENT AND ITS REPRESENTATIVES ARE NOT REIMBURSED FOR SUCH AMOUNTS BY ANY COMPANY. ALTHOUGH ADMINISTRATIVE AGENT AND ITS REPRESENTATIVES HAVE THE RIGHT TO BE INDEMNIFIED UNDER THIS AGREEMENT FOR ITS OR THEIR OWN ORDINARY NEGLIGENCE, ADMINISTRATIVE
AGENT AND ITS REPRESENTATIVES DO NOT HAVE THE RIGHT TO BE INDEMNIFIED UNDER THIS AGREEMENT FOR ITS OR THEIR OWN FRAUD, GROSS NEGLIGENCE, OR WILLFUL MISCONDUCT. 

  
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 13.6    Delegation of Duties by Administrative Agent.
Administrative Agent may perform any and all of its duties and exercise its rights and powers under this Agreement or under any other Loan Paper by or through any one or more sub-agents appointed by
Administrative Agent and any sub-agent may perform any and all of its duties and exercise its rights and powers under this Agreement or under any other Loan Paper by or through any one or more sub-agents appointed by such sub-agent with the approval of Administrative Agent (such appointing sub-agent is referred to in this
Section 13.6 as an “Appointing Sub-Agent”). Administrative Agent and each such sub-agent may
perform any and all of its duties and exercise its rights and powers by or through their respective Affiliates. The exculpatory, indemnification and other provisions of this Section 13 and of
Section 8.13 shall apply to any of the Affiliates of Administrative Agent and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein
as well as activities as Administrative Agent. All of the rights, benefits, and privileges (including the exculpatory and indemnification provisions) of this Section 13 and of
Section 8.13 shall apply to each such sub-agent and to the Affiliates of each such sub-agent, and shall apply to their
respective activities as sub-agent as if such sub-agent and Affiliates were named herein. Notwithstanding anything herein to the contrary, with respect to each sub-agent appointed by the Administrative Agent and/or an Appointing Sub-Agent, (i) such sub-agent shall be a third party
beneficiary under this Agreement with respect to all such rights, benefits and privileges (including exculpatory rights and rights to indemnification) and shall have all of the rights and benefits of a third party beneficiary, including an
independent right of action to enforce such rights, benefits and privileges (including exculpatory rights and rights to indemnification) directly, without the consent or joinder of any other Person, against any or all of the Companies and Lenders,
(ii) such rights, benefits and privileges (including exculpatory rights and rights to indemnification) shall not be modified or amended without the consent of such sub-agent, and (iii) such sub-agent shall only have obligations to Administrative Agent and, if applicable, an Appointing Sub-Agent and not to any Company, Lender or any other Person and no Company,
Lender or any other Person shall have any rights, directly or indirectly, as a third party beneficiary or otherwise, against such sub-agent; provided, that, notwithstanding anything herein to the contrary,
(i) Administrative Agent shall remain solely responsible for the performance of its obligations under the Loan Papers and for any actions and/or omissions by any agent and/or sub-agent of Administrative
Agent and (ii) Administrative Agent’s Rights and obligations under the Loan Papers shall remain unchanged. 

13.7    Default; Collateral. If Administrative Agent receives notice of a Default from Borrower or any Lender,
Administrative Agent shall notify Lenders of such Default and Lenders agree to promptly confer in order that Majority Lenders or Lenders, as the case may be, may agree upon a course of action for the enforcement of the Rights of Lenders. Unless and
until Administrative Agent receives directions from Majority Lenders, Administrative Agent shall refrain from taking any action (without incurring any liability to any Person for so refraining), provided that, unless and until the Administrative
Agent has received such directions, the Administrative Agent may, at its option, take such actions as it deems appropriate without the direction of the Majority Lenders in circumstances where the ability of Lenders to recover the Obligation may
otherwise be materially impaired. In actions with respect to any property of Borrower, Administrative Agent is acting for the ratable benefit of each Lender. Administrative Agent shall hold, for the ratable benefit of all Lenders, any security it
receives for the Obligation or any guaranty of the Obligation it receives upon or in lieu of foreclosure. 

  
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 13.8    Limitation of Liability. No Lender or any Participant
will incur any liability to any other Lender or Participant except for acts or omissions in bad faith, and neither Administrative Agent nor any Lender or Participant will incur any liability to any other Person for any act or omission of any other
Lender or any Participant. 
 13.9    Relationship of Lenders. The Loan Papers, and the documents delivered in
connection therewith, do not create a partnership or joint venture among Administrative Agent and Lenders or among Lenders. 

13.10    Other Agents. None of the Lenders identified on the cover page or signature pages of this Agreement or
otherwise herein as being the “Syndication Agent” or a “Documentation Agent” (collectively, the “Other Agents”) shall have any right, power, obligation, liability, responsibility or duty under this
Agreement other than those applicable to all Lenders. Each Lender acknowledges that it has not relied, and will not rely, on any of the Other Agents in deciding to enter into this Agreement or in taking or refraining from taking any action hereunder
or pursuant hereto. 
 13.11    Collateral Matters. 

(a)    Each Lender authorizes and directs Administrative Agent to enter into the Security Documents for the
ratable benefit of Lenders. Each Lender agrees that any action taken by Administrative Agent concerning any Collateral with the consent of, or at the request of, Majority Lenders in accordance with the provisions of this Agreement, the Security
Documents or the other Loan Papers, and the exercise by Administrative Agent (with the consent of, or at the request of, Majority Lenders) of powers concerning the Collateral set forth in any Loan Paper, together with other reasonably incidental
powers, shall be authorized and binding upon all Lenders. 
 (b)    Administrative Agent is authorized
on behalf of all Lenders, without the necessity of any notice to or further consent from any Lender, from time to time before a Default or Potential Default, to take any action with respect to any Collateral or Security Documents that may be
necessary to perfect and maintain perfected the Lender Liens upon the Collateral granted by the Security Documents. 

(c)    Administrative Agent has no obligation whatsoever to any Lender or to any other Person to assure
that the Collateral exists or is owned by any Company or is cared for or protected. 

(d)    Administrative Agent shall exercise the same care and prudent judgment with respect to the
Collateral and the Security Documents as it normally and customarily exercises in respect of similar collateral and security documents. 

(e)    Lenders irrevocably authorize Administrative Agent, at its option and in its discretion, to release
any Lender Lien upon any Collateral (i) upon full payment of the Obligation; (ii) constituting property being sold or disposed of as permitted under Section 9.10,

  
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if Administrative Agent determines that the property being sold or disposed is being sold or disposed in accordance with the requirements and limitations of
Section 9.10 and Administrative Agent concurrently receives all mandatory prepayments with respect thereto, if any, in accordance with Section 9.10; (iii)
constituting property in which no Company owned any interest at the time the Lender Lien was granted or at any time thereafter; (iv) constituting property leased to any Company under a lease that has expired or been terminated in a transaction
permitted under this Agreement or is about to expire and that has not been, and is not intended by that Company to be, renewed; (v) consisting of an instrument evidencing Debt pledged to Administrative Agent (for the benefit of Lenders), if the
Debt evidenced thereby has been paid in full; or (vi) if approved, authorized or ratified in writing by Majority Lenders subject to Section 14.10(b)(v). Upon request by Administrative Agent at any
time, Lenders will confirm in writing Administrative Agent’s authority to release particular types or items of Collateral under this Section 13.11(e). 

13.12    No Reliance on Administrative Agent’s Customer Identification Program. Each Lender
acknowledges and agrees that neither such Lender, nor any of its Affiliates, participants or assignees, may rely on the Administrative Agent to carry out such Lender’s, Affiliate’s, participant’s or assignee’s customer
identification program, or other obligations required or imposed under or pursuant to the USA Patriot Act or the regulations thereunder, including the regulations contained in 31 CFR 103.121 (as hereafter amended or replaced, the “CIP
Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with the Companies or their respective Subsidiaries, any of their respective Affiliates or agents,
the Loan Papers or the transactions hereunder: (a) any identity verification procedures, (b) any record keeping, (c) any comparisons with government lists, (d) any customer notices or (e) any other procedures required under
the CIP Regulations or such other laws. 
 13.13    USA Patriot Act. Each Lender or assignee or participant of a
Lender that is not organized under the laws of the United States of America or a state thereof (and is not excepted from the certification requirement contained in Section 313 of the USA Patriot Act and the applicable regulations because it is
both (a) an affiliate of a depository institution or foreign bank that maintains a physical presence in the United States or foreign country, and (b) subject to supervision by a banking authority regulating such affiliated depository
institution or foreign bank) shall deliver to the Administrative Agent the certification, or, if applicable, recertification, certifying that such Lender is not a “shell” and certifying to other matters as required by Section 313 of
the USA Patriot Act and the applicable regulations: (i) within 10 days after the Closing Date, and (ii) at such other times as are required under the USA Patriot Act. 

13.14    Credit Bidding. Each Lender hereby irrevocably authorizes the Administrative Agent, based upon the
instruction of the Majority Lenders, to credit bid and purchase (either directly or through one or more acquisition vehicles) all or any portion of the Collateral at any sale thereof conducted under the provisions of the UCC, including pursuant to
Sections 9-610 or 9-620 thereof, at any sale thereof conducted under the provisions of the Bankruptcy Code (including Section 363 of the Bankruptcy Code) or any
applicable bankruptcy, insolvency, reorganization or other similar law (whether domestic or foreign) now or hereafter in effect, or at any sale or foreclosure conducted by the Administrative Agent (whether by judicial action or otherwise) in
accordance with applicable law. 

  
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 13.15    Benefits of Agreement. None of the provisions of this
Section 13 (other than Section 13.1 hereof) inure to the benefit of any Company or any other Person other than Administrative Agent and Lenders; consequently, no Company or any other Person is
entitled to rely upon, or to raise as a defense, in any manner whatsoever, the failure of Administrative Agent or any Lender to comply with these provisions. 

13.16    Compliance with Flood Insurance Laws. The Administrative Agent has adopted internal policies and
procedures that address requirements placed on federally regulated lenders under the Flood Insurance Laws and will post on the applicable electronic platform (or otherwise distribute to each Lender documents that it receives in connection with the
Flood Insurance Laws (collectively, the “Flood Documents”); provided, however that the Administrative Agent makes no representation or warranty with respect to the adequacy of the Flood Documents or their compliance
with the Flood Insurance Laws. Each Lender acknowledges and agrees that it is individually responsible for its own compliance with the Flood Insurance Laws and that it shall, independently and without reliance upon Administrative Agent or any other
Lender and based on such documents and information as it shall from time to time deem appropriate, including the Flood Documents posted or distributed by the Administrative Agent, continue to do its own due diligence to ensure its compliance with
the Flood Insurance Laws. 
 13.17    Cash Management Obligations and Hedging Obligations. Except as
otherwise expressly set forth herein or in the Security Agreement or any other Loan Paper, no Person holding Cash Management Obligations or Hedging Obligations that obtains the benefits of any Guaranty or any Collateral by virtue of the provisions
hereof or of any Loan Paper shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Paper or otherwise in respect of the Collateral (including the release or impairment of any
Collateral) or amendment to any Loan Paper other than in its capacity as a Lender or Administrative Agent and, in such case, only to the extent expressly provided in the Loan Papers. Notwithstanding any other provision of this
Section 13 to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Cash Management Obligations
or Hedging Obligations except to the extent expressly required hereunder, provided that the Administrative Agent has received a Secured Obligation Designation Notice, together with such supporting documentation as the Administrative Agent may
reasonably request, from the applicable Person holding such Obligations. The Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Cash Management Obligations and
Hedging Obligations in the case of the Facility Maturity Date or Swing Line Maturity Date. 
 SECTION 14.    MISCELLANEOUS.

 14.1    Headings. The headings, captions and arrangements used in any of the Loan Papers are, unless
specified otherwise, for convenience only and shall not be deemed to limit, amplify, or modify the terms of the Loan Papers, nor affect the meaning thereof. 

14.2    Nonbusiness Days; Time. Any payment or action that is due under any Loan Paper on a non-Business Day may be delayed until the next-succeeding Business Day (but interest shall continue to accrue on any applicable payment until payment is in fact made) unless the payment concerns a LIBOR Rate
Borrowing, in which case if the next-succeeding Business Day is in the next calendar month, then such payment shall be made on the next-preceding Business Day. Unless otherwise indicated, all time references (e.g., 10:00 a.m.) are to New York, New
York time. 

  
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 14.3    Communications and Posting of Approved Electronic
Communications. 
 (a)    Unless otherwise specifically provided, whenever any Loan Paper requires or
permits any consent, approval, notice, request, demand or other communication from one party to another, communication must be in writing (which may be by telex or facsimile) to be effective and shall be deemed to have been given (i) if by
telex, when transmitted to the appropriate telex number and the appropriate answerback is received; (ii) if by facsimile, when transmitted to the appropriate facsimile number (and all communications sent by facsimile must be confirmed promptly
thereafter by telephone; but any requirement in this parenthetical shall not affect the date when the facsimile shall be deemed to have been delivered); (iii) if by mail, on the third Business Day after it is enclosed in an envelope and properly
addressed, stamped, sealed, certified mail, return receipt requested, and deposited in the appropriate official postal service; or (iv) if by any other means, when actually delivered. Until changed by notice pursuant to this Agreement, the
address (and facsimile number) for each party to a Loan Paper is set forth on the attached Schedule 1. 

(b)    Notices and other communications to Lenders and Administrative Agent hereunder may be delivered or
furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by Administrative Agent, provided that the foregoing shall not apply to notices to any
Lender pursuant to Section 2 if such Lender has notified the Administrative Agent that it is incapable of receiving notices under such Section by electronic communication. Administrative Agent or
Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or
communications. Unless Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an
acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if such notice or other
communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient, and (ii) notices or
communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of
notification that such notice or communication is available and identifying the website address therefor. 

(c)    Delivery of Communications. Each Company hereby agrees, unless directed otherwise by the
Administrative Agent or unless the electronic mail address referred to below has not been provided by the Administrative Agent to such Company that it will, or will cause its Subsidiaries to, provide to the Administrative Agent all information,
documents and other materials that it is obligated to furnish to the Administrative Agent or to the Lenders pursuant to the Loan Papers, including all notices, requests, financial statements, financial and other reports, certificates and other
information materials, but excluding any such 

  
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communication that (i) is or relates to a Borrowing Request or a notice of continuation or conversion, (ii) relates to the payment of any principal or other amount due under this
Agreement prior to the scheduled date therefor, (iii) provides notice of any Default under this Agreement or any other Loan Paper or (iv) is required to be delivered to satisfy any condition precedent to the effectiveness of this Agreement
and/or any Borrowing or other extension of credit hereunder (all such non-excluded communications being referred to herein collectively as “Communications”), by transmitting the
Communications in an electronic/soft medium that is properly identified in a format acceptable to the Administrative Agent to an electronic mail address as directed by the Administrative Agent in writing. In addition, each Company agrees, and agrees
to cause its Subsidiaries, to continue to provide the Communications to the Administrative Agent or the Lenders, as the case may be, in the manner specified in the Loan Papers but only to the extent requested by the Administrative Agent. 

(d)    Platform. Each Company further agrees that Administrative Agent may make the Communications
available to the Lenders by posting the Communications on SyndTrak or a substantially similar electronic transmission system (the “Platform”). The Borrower hereby acknowledges that certain of the Lenders (each, a
“Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the
foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that so long as the Borrower is the issuer of any outstanding Debt or Equity Interests that
are registered or issued pursuant to a private offering or is actively contemplating issuing any such securities, it will, upon request, use commercially reasonable efforts to assist the Administrative Agent in identifying that portion of the
Communications that may be distributed to the Public Lenders and that (1) all such Communications shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear
prominently on the first page thereof; (2) by marking Communications “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, any Affiliate thereof, and the Lenders to treat such Communications as not
containing any material non-public information (although it may be sensitive and proprietary) with respect to the Borrower or its securities for purposes of United States federal and state securities laws
(provided, however, that to the extent such Communications constitute Confidential Information, they shall be treated as set forth in Section 14.14); (3) all Communications marked
“PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information;” and (4) the Administrative Agent and the any Affiliate thereof and the Arranger shall be entitled to treat
any Communications that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Side Information.” 

(e)    No Warranties as to Platform. THE PLATFORM IS PROVIDED “AS IS” AND
“AS AVAILABLE.” THE INDEMNIFIED PARTIES DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS OR THE ADEQUACY OF THE PLATFORM AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS OR OMISSIONS IN THE COMMUNICATIONS. NO WARRANTY OF
ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS IS
MADE BY THE INDEMNIFIED PARTIES IN CONNECTION WITH THE COMMUNICATIONS OR THE 

  
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PLATFORM. IN NO EVENT SHALL THE INDEMNIFIED PARTIES HAVE ANY LIABILITY TO ANY LENDER OR ANY OTHER PERSON FOR DAMAGES OF ANY KIND, WHETHER OR NOT BASED ON STRICT LIABILITY AND INCLUDING DIRECT OR
INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF THE ADMINISTRATIVE AGENT’S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET, EXCEPT TO THE EXTENT THE
LIABILITY OF ANY INDEMNIFIED PARTIES IS FOUND IN A FINAL, NON-APPEALABLE ORDER BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED PRIMARILY FROM SUCH INDEMNITEE’S GROSS NEGLIGENCE OR WILLFUL
MISCONDUCT. 
 (f)    Delivery Via Platform. The Administrative Agent agrees that the receipt of
the Communications by the Administrative Agent at its electronic mail address set forth above shall constitute effective delivery of the Communications to the Administrative Agent for purposes of the Loan Papers. Each Lender agrees that receipt of
notice to it (as provided in the next sentence) specifying that the Communications have been posted to the Platform shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Papers. Each Lender agrees to
notify the Administrative Agent in writing (including by electronic communication) from time to time of such Lender’s electronic mail address to which the foregoing notice may be sent by electronic transmission and that the foregoing notice may
be sent to such electronic mail address. 
 (g)    No Prejudice to Notice Rights. Nothing herein
shall prejudice the right of the Administrative Agent or any Lender to give any notice or other communication pursuant to any Loan Paper in any other manner specified in such Loan Paper. 

14.4    Form and Number of Documents. The form, substance, and number of counterparts of each writing to be
furnished under this Agreement must be satisfactory to Administrative Agent and its counsel. 
 14.5    Exceptions to
Covenants. Borrower may not and may not permit any Company to take or fail to take any action that is permitted as an exception to any of the covenants contained in any Loan Paper if that action or omission would result in the breach of any
other covenant contained in any Loan Paper. 
 14.6    Survival. All covenants, agreements, undertakings,
representations, and warranties made in any of the Loan Papers survive all closings under the Loan Papers and, except as otherwise indicated, are not affected by any investigation made by any party. 

14.7    Governing Law. Except as expressly provided in a Loan Paper, the Laws (other than conflict-of-laws provisions) of the State of New York and of the United States of America govern the Rights and duties of the parties to the Loan Papers and the validity,
construction, enforcement, and interpretation of the Loan Papers. 
 14.8    Invalid Provisions. Any provision in
any Loan Paper held to be illegal, invalid, or unenforceable is fully severable; the appropriate Loan Paper shall be construed and enforced as if that provision had never been included; and the remaining provisions shall remain in full force and
effect and shall not be affected by the severed provision. Administrative Agent, Lenders, and each Company party to the affected Loan Paper agree to negotiate, in good faith, the terms of a replacement provision as similar to the severed provision
as may be possible and be legal, valid, and enforceable. 

  
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However, if the provision held to be illegal, invalid, or unenforceable is a material part of this Agreement, such invalid, illegal, or unenforceable provision shall be, to the extent permitted
by Law, replaced by a clause or provision judicially construed and interpreted to be as similar in substance and content to the original terms of such illegal, invalid, or unenforceable clause or provision as the context thereof would reasonably
allow, so that such clause or provision would thereafter be legal, valid and enforceable. 
 14.9    Venue; Service
of Process; Jury Trial. EACH PARTY TO ANY LOAN PAPER, IN EACH CASE FOR ITSELF, ITS SUCCESSORS AND ASSIGNS (AND IN THE CASE OF BORROWER, FOR EACH OTHER COMPANY), (a) IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL
COURTS OF THE STATE OF NEW YORK, PROVIDED, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT IN THE COURTS OF ANY JURISDICTION WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND; (b) IRREVOCABLY WAIVES,
TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY LITIGATION ARISING OUT OF OR IN CONNECTION WITH THE LOAN PAPERS AND THE OBLIGATION BROUGHT IN DISTRICT COURTS OF NEW YORK, NEW YORK
OR IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND AS PROVIDED IN CLAUSE (a) ABOVE; (c) IRREVOCABLY WAIVES ANY CLAIMS THAT ANY LITIGATION BROUGHT IN ANY OF THE
AFOREMENTIONED COURTS HAS BEEN BROUGHT IN AN INCONVENIENT FORUM; (d) IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THOSE COURTS IN ANY LITIGATION BY THE MAILING OF COPIES THEREOF BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED,
POSTAGE PREPAID, BY HAND-DELIVERY, OR BY DELIVERY BY A NATIONALLY RECOGNIZED COURIER SERVICE, AND SERVICE SHALL BE DEEMED COMPLETE UPON DELIVERY OF THE LEGAL PROCESS AT ITS ADDRESS SET FORTH IN THIS AGREEMENT; (e) IRREVOCABLY AGREES THAT ANY
LEGAL PROCEEDING AGAINST ANY PARTY TO ANY LOAN PAPER ARISING OUT OF OR IN CONNECTION WITH THE LOAN PAPERS OR THE OBLIGATION MAY BE BROUGHT IN ONE OF THE AFOREMENTIONED COURTS; AND (f) IRREVOCABLY WAIVES TO THE FULLEST EXTENT PERMITTED BY LAW,
ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF ANY LOAN PAPER. The scope of each of the foregoing waivers is intended to be all-encompassing of any and all
disputes that may be filed in any court and that relate to the subject matter of this transaction, including, without limitation, contract claims, tort claims, breach of duty claims, and all other common law and statutory claims. Borrower (for
itself and on behalf of each other Company) acknowledges that these waivers are a material inducement to Administrative Agent’s and each Lender’s agreement to enter into a business relationship, that Administrative Agent and each Lender
have already relied on these waivers in entering into this Agreement, and that Administrative Agent and each Lender will continue to rely on each of these waivers in related future dealings. Borrower (for itself and on behalf of each other Company)
further warrants and represents that it has reviewed these waivers 

  
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with its legal counsel and that it knowingly and voluntarily agrees to each waiver following consultation with legal counsel. THE WAIVERS IN THIS SECTION 14.9 ARE IRREVOCABLE,
MEANING THAT THEY MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING, AND THESE WAIVERS SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, SUPPLEMENTS, OR REPLACEMENTS TO OR OF THIS OR ANY OTHER LOAN PAPER. In the event of Litigation, this Agreement may be
filed as a written consent to a trial by the court. 
 14.10    Amendments, Consents, Conflicts, and Waivers.

 (a)    Unless otherwise specifically provided, (i) this Agreement may be amended only by an
instrument in writing executed by Borrower, Administrative Agent and Majority Lenders and supplemented only by documents delivered or to be delivered in accordance with the express terms of this Agreement and (ii) the other Loan Papers may only
be the subject of an amendment, modification, or waiver that has been approved by Majority Lenders and Borrower. 

(b)    Any amendment, consent or waiver under this Agreement or any Loan Paper that purports to accomplish
any of the following must be in writing and executed by Borrower and Administrative Agent and executed (or approved, as the case may be) by each Lender: (i) extend the due date or decrease the amount of any scheduled payment of the Obligation
beyond the date specified in the Loan Papers; (ii) decrease any rate or amount of interest, fees, or other sums payable to Administrative Agent or Lenders under this Agreement (except such reductions as are contemplated by this Agreement);
(iii) change the definition of “Applicable Margin,” “Commitment Usage,” “Committed Sum,” “Facility Committed Sum,” “Majority
Lenders” or “Facility Maturity Date”; (iv) increase or decrease any one or more Lenders’ Committed Sums except as provided in this Agreement; (v) except as permitted by
Section 9.10, consent to the release of all or substantially all of the Collateral under the Security Documents; (vi) change the provisions of
Section 13 to the detriment of any Lender; (vii) change any provision requiring ratable distributions to Lenders; (viii) subject any Lender to a greater obligation than expressly provided in
this Agreement; or (ix) change this clause (b) or any other matter specifically requiring the consent of all Lenders under this Agreement. 

(c)    Any conflict or ambiguity between the terms and provisions of this Agreement and terms and
provisions in any other Loan Paper is controlled by the terms and provisions of this Agreement. 

(d)    No course of dealing or any failure or delay by Administrative Agent, any Lender, or any of their
respective Representatives with respect to exercising any Right of Administrative Agent or any Lender under this Agreement operates as a waiver thereof. A waiver must be in writing and signed by Administrative Agent and Lenders (or Majority Lenders,
if permitted under this Agreement) to be effective, and a waiver will be effective only in the specific instance and for the specific purpose for which it is given. 

14.11    Multiple Counterparts. Any Loan Paper may be executed in a number of identical counterparts, each of which
shall be deemed an original for all purposes and all of which constitute, collectively, one agreement; but, in making proof of thereof, it shall not be necessary to produce or account for more than one counterpart.

  
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Each Lender need not execute the same counterpart of this Agreement so long as identical counterparts are executed by Borrower, each Lender, and Administrative Agent. This Agreement shall become
effective when counterparts of this Agreement have been executed and delivered to Administrative Agent by each Lender, Administrative Agent and Borrower. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other
electronic imaging (including in .pdf format) means shall be effective as delivery of a manually executed counterpart of this Agreement. 

14.12    Successors and Assigns; Participations. 

(a)    Each Loan Paper binds and inures to the benefit of the parties thereto, any intended beneficiary
thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation except as permitted by this
Section 14.12. 
 (b)    Subject to the provisions of
this Section and in accordance with applicable Law, any Lender may, in the ordinary course of its commercial banking business, at any time sell to one or more Persons that is not a Company or an Affiliate of a Company or Competitor (each a
“Participant”) participating interests in its portion of the Obligation. The selling Lender shall remain a “Lender” under this Agreement (and the Participant shall not constitute a “Lender” under this
Agreement) and its obligations under this Agreement shall remain unchanged. The selling Lender shall remain solely responsible for the performance of its obligations under the Loan Papers and shall remain the holder of its share of the Principal
Debt for all purposes under this Agreement. Borrower and Administrative Agent shall continue to deal solely and directly with the selling Lender in connection with that Lender’s Rights and obligations under the Loan Papers. Participants have no
Rights under the Loan Papers, other than certain voting Rights as provided below. Subject to the following, each Lender may obtain (on behalf of its Participants) the benefits of Section 3 with respect
to all participations in its part of the Obligation outstanding from time to time so long as Borrower is not obligated to pay any amount in excess of the amount that would be due to that Lender under
Section 3 calculated as though no participations have been made. No Lender may sell any participating interest under which the Participant has any Rights to approve any amendment, modification or waiver
of any Loan Paper, except to the extent the amendment, modification or waiver extends the due date for payment of any principal, interest or fees due under the Loan Papers, reduces the interest rate or the amount of principal or fees applicable to
the Obligation (except reductions contemplated by this Agreement), or releases a material portion of the Collateral, if any, for the Obligation (other than releases of collateral permitted by
Section 13.11(e)). However, if a Participant is entitled to the benefits of Section 3 or a Lender grants Rights to its Participants to approve amendments
to or waivers of the Loan Papers respecting the matters described in the previous sentence, then that Lender must include a voting mechanism in the relevant participation agreement whereby a majority of its portion of the Obligation (whether held by
it or participated) shall control the vote for all of that Lender’s portion of the Obligation. Except in the case of the sale of a participating interest to another Lender, the relevant participation agreement shall prohibit the Participant
from transferring, pledging, assigning, selling participations in, or otherwise encumbering its portion of the Obligation. 

  
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 (c)    Subject to the provisions of this Section, any
Lender may at any time, in the ordinary course of its commercial banking business, (i) without the consent of Borrower or Administrative Agent, assign all or any part of its Rights and obligations under the Loan Papers to any of its Affiliates
or any other Lender (each a “Purchaser”) and (ii) upon the prior written consent of Borrower (which will not be unreasonably withheld or delayed, or be required if a Default under Section 11.1 or
Section 11.3 has occurred and is continuing) and Administrative Agent (which will not be unreasonably withheld or delayed), assign to any other Person that is not (A) a Company or an Affiliate of a Company or (B) a
Competitor (each of which is also a “Purchaser”) a proportionate part (not less than the greater of (x) $5,000,000 or (y) its remaining balance, and an integral multiple of $1,000,000) of all or any part of its Rights and obligations
under the Loan Papers; provided, however, that if an assigning Lender is assigning less than all of its remaining balance, such assigning Lender must retain an obligation hereunder to fund at least $10,000,000 of the Facility, unless otherwise
agreed by the Borrower and Administrative Agent (such consent not to be unreasonably withheld or delayed). In each case, the Purchaser shall assume those Rights and obligations under an assignment agreement substantially in the form of the attached
Exhibit G. Each assignment under this Section 14.12(c) shall include a ratable interest in the assigning Lender’s Rights and obligations under the Facility. Upon (i) delivery to Borrower and
Administrative Agent (A) of an assignment agreement electronically executed and delivered via an electronic settlement system acceptable to the Administrative Agent or (B) an assignment agreement manually executed and (ii) payment of
a fee of $3,500 from the transferee to Administrative Agent, from and after the assignment’s effective date (which shall be after the date of delivery), the Purchaser shall for all purposes be a Lender party to this Agreement and shall have all
the Rights and obligations of a Lender under this Agreement to the same extent as if it were an original party to this Agreement with commitments as set forth in the assignment agreement, and the transferor Lender shall be released from its
obligations under this Agreement to a corresponding extent, and, except as provided in the following sentence, no further consent or action by Borrower, Lenders or Administrative Agent shall be required. Upon the consummation of any transfer to a
Purchaser under this clause (c), the then-existing Schedule 1 shall automatically be deemed to reflect the name, address, and Committed Sum of such Purchaser, Borrower shall execute and deliver to each of the transferor Lender and the
Purchaser a Facility Note in the face amount of its respective Committed Sum under the Facility following transfer, and, upon receipt of its new Facility Note, the transferor Lender shall return to Borrower the Facility Note previously delivered to
it under this Agreement. A Purchaser is subject to all the provisions in this Section as if it were a Lender signatory to this Agreement as of the date of this Agreement. 

(d)    Any Lender may at any time, without the consent of Borrower or Administrative Agent, assign all or
any part of its Rights under the Loan Papers to a Federal Reserve Bank without releasing the transferor Lender from its obligations thereunder. 

(e)    The words “execution,” “signed,” “signature,” and words of like
import in any assignment agreement shall be deemed to include electronic signatures 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 or the use
of a paper-based recordkeeping system, as the case may be, 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. 

  
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 14.13    Discharge Only Upon Payment in Full; Reinstatement in
Certain Circumstances. Each Company’s obligations under the Loan Papers remain in full force and effect until the Facility Committed Sum is terminated and the Obligation (other than unasserted contingent obligations) is paid in full (except
for provisions under the Loan Papers which by their terms expressly survive payment of the Obligation and termination of the Loan Papers). If at any time any payment of the principal of or interest on any Note or any other amount payable by Borrower
or any other obligor on the Obligation under any Loan Paper is rescinded or must be restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, the obligations of each Company under the Loan Papers with respect
to that payment shall be reinstated as though the payment had been due but not made at that time. 

14.14    Confidentiality. Borrower, Administrative Agent, Arranger and Lenders agree to keep all information
concerning the structure and documentation of this Agreement confidential, including without limitation all information of a confidential nature received by them from Borrower or any Company pursuant to this Agreement; provided, however, that such
information may be disclosed: (a) to directors, officers, employees, agents, representatives, or outside counsel of Borrower or of the Administrative Agent or any Lender or any Affiliate of any Lender; (b) to any auditor, government
official, or examiner (including, without limitation, any self-regulatory authority, such as the National Association of Insurance Commissioners); (c) pursuant to any subpoena or other order of any court or administrative agency or otherwise as may
be required by applicable law, rule, or regulation; (d) to any other Person if reasonably incidental to the administration of the credit facility provided herein; (e) in connection with any litigation to which such Lender or any of its
Affiliates may be a party; (f) to the extent necessary in connection with the exercise of any remedy under this Agreement or any other Loan Paper; (g) subject to provisions substantially similar to those contained in this
Section 14.14 to any actual or proposed participant or assignee; (h) to Affiliates of any Lender that are considering entering into a Financial Hedge or providing Cash Management Services, or
(i) to any assignee of or participant in, or prospective assignee of or participant in, any Lender’s Borrowings or its Committed Sum or any part thereof under any credit agreement who, in each case set forth in clauses (a) and (d)
through (i), agrees in writing to be bound by the terms of this Section; and provided further, that no confidentiality obligation shall attach to any information which (1) is or becomes publicly known, through no wrongful act on the part of any
Person who shall have received such information, (2) is rightfully received by such Person from a third party, (3) is independently developed by such Person, or (4) is explicitly approved for release by Borrower. 

14.15    Entirety. THIS AGREEMENT AND THE OTHER WRITTEN LOAN PAPERS (EACH AS AMENDED IN WRITING FROM TIME TO TIME)
EXECUTED BY ANY COMPANY, ANY LENDER, OR ADMINISTRATIVE AGENT REPRESENT THE FINAL AGREEMENT AMONG THE COMPANIES, LENDERS, AND ADMINISTRATIVE AGENT AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BY THE
PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 

  
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 14.16    Government Regulations; USA Patriot Act. 

(a)    Borrower shall (i) ensure that no Person who owns a controlling interest in or otherwise
controls Borrower is or shall be listed on the Specially Designated Nationals and Blocked Person List or other similar lists maintained by the Office of Foreign Assets Control (“OFAC”), the Department of the Treasury or
included in any Executive Orders of the President of the United States of America (“Executive Orders”), that prohibits or limits Lenders from making any advance or extension of credit to Borrower or from otherwise conducting
business with Borrower, and (ii) ensure that the proceeds of the Borrowings shall not be used to violate any of the foreign asset control regulations of OFAC or any enabling statute or Executive Order relating thereto. Further, Borrower shall
comply, and cause its Subsidiaries to comply, with all applicable Bank Secrecy Act (“BSA”) laws and regulations, as amended. 

(b)    Each of Administrative Agent and each Lender hereby notifies Borrower that, pursuant to the
requirements of the USA Patriot Act, it is required to obtain, verify and record information that identifies Borrower, which information includes the name and address of Borrower and its Subsidiaries and other information that will allow
Administrative Agent and such Lender to identify Borrower and its Subsidiaries in accordance with the USA Patriot Act. 

14.17    No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction contemplated
hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Paper), Borrower acknowledges and agrees that: (i) (A) the arranging and other services regarding this Agreement provided by Lenders
are arm’s-length commercial transactions between Borrower and its Affiliates, on the one hand, and Lenders, on the other hand, (B) Borrower has consulted its own legal, accounting, regulatory and tax
advisors to the extent it has deemed appropriate, and (C) Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Papers; (ii) (A) each
Lender is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for Borrower or any of its Affiliates, or any
other Person and (B) no Lender has any obligation to Borrower or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Papers; and (iii) each
Lender and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of Borrower and its Affiliates, and no Lender has any obligation to disclose any of such interests to Borrower or
its Affiliates. To the fullest extent permitted by law, Borrower hereby waives and releases any claims that it may have against any Lender with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any
transaction contemplated hereby 
 14.18     California. If any action or proceeding is filed in a court of the
State of California by or against any party hereto or to any other Loan Papers in connection with any of the transactions contemplated by this Agreement or any other Loan Papers, (a) the court shall, and is hereby directed to, make a general
reference pursuant to California Code of Civil Procedure Section 638 to a referee (who shall be a single active or retired judge) to hear and determine all of the issues in such action or proceeding (whether of fact or of law) and to report a
statement of decision, provided that at the option of any party to such proceeding, any such issues pertaining to a “provisional remedy” as defined in California Code of Civil Procedure Section 1281.8 shall be heard and determined by
the court, and (b) subject to Section 8.7, the Borrower shall be solely responsible to pay all reasonable fees and
out-of-pocket expenses of any referee appointed in such action or proceeding. 

  
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 14.19    Acknowledgement and Consent to Bail-In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Paper or in any other agreement, arrangement or understanding among any such parties, each party hereto
acknowledges that any liability of any EEA Financial Institution arising under any Loan Paper, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of an EEA Resolution Authority and agrees and consents
to, and acknowledges and agrees to be bound by: 
 (a)    the application of any Write-Down and
Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may be payable to it by any Lender that is an EEA Financial Institution; and 

(b)    the effects of any Bail-In Action on any such liability,
including, if applicable: 
 (i)    a reduction in full or in part or cancellation of any
such liability; 
 (ii)    a conversion of all, or a portion of, such liability into
shares or other instruments of ownership in such EEA Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be
accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Paper; or 

(iii)    the variation of the terms of such liability in connection with the exercise of
the Write-Down and Conversion Powers of any EEA Resolution Authority. 
 14.20    Certain ERISA Matters. 

(a)    Each Lender (x) represents and warrants, as of the date such Person became a Lender party
hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and the Arrangers and their respective
Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any Guarantor, 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 loans, LCs or the commitments hereunder, 

(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 loans, LCs or the commitments hereunder, 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 loans, LCs or the commitments hereunder, and this Agreement, (C) the entrance into, participation in, administration of and performance of the loans, LCs or the commitments hereunder, 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 loans, LCs or the commitments hereunder, 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 (I) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (II) a Lender has provided another representation, warranty and covenant as
provided in 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 the Arrangers and their respective Affiliates, and
not, for the avoidance of doubt, to or for the benefit of the Borrower or any Guarantor, that: 

(i)    none of the Administrative Agent or any Arranger or any of their
respective Affiliates is 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 loans, LCs or the commitments hereunder and this Agreement
(including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Paper or any documents related hereto or thereto), 

(ii)    the Person making the investment decision on behalf of such Lender with respect to
the entrance into, participation in, administration of and performance of the loans, LCs or the commitments hereunder, and this Agreement, is independent (within the meaning of 29 CFR § 2510.3-21) and is
a bank, an insurance carrier, an investment adviser, a broker-dealer or other person that holds, or has under management or control, total assets of at least $50 million, in each case as described in 29 CFR §
2510.3-21(c)(1)(i)(A)-(E), 

  
 86 

 (iii)    the Person making the
investment decision on behalf of such Lender with respect to the entrance into, participation in, administration of and performance of the loans, LCs or the commitments hereunder, and this Agreement, is capable of evaluating investment risks
independently, both in general and with regard to particular transactions and investment strategies (including in respect of the Obligations), 

(iv)    the Person making the investment decision on behalf of such Lender with respect to
the entrance into, participation in, administration of and performance of the loans, LCs or the commitments hereunder, and this Agreement, is a fiduciary under ERISA or the Code, or both, with respect to the loans, LCs or the commitments hereunder,
and this Agreement and is responsible for exercising independent judgment in evaluating the transactions hereunder, and 

(v)    no fee or other compensation is being paid directly to the Administrative Agent or
any Arranger or any their respective Affiliates for investment advice (as opposed to other services) in connection with the loans, LCs or the commitments hereunder, or this Agreement. 

The Administrative Agent and the Arrangers hereby informs the Lenders that each such Person is not undertaking to provide impartial investment
advice, or to give advice in a fiduciary capacity, in connection with the transactions contemplated hereby, and that such Person has a financial interest in the transactions contemplated hereby in that such Person or an Affiliate thereof
(i) may receive interest or other payments with respect to the loans, LCs or the commitments hereunder, and this Agreement, (ii) may recognize a gain if it extended the loans, LCs or the commitments hereunder for an amount less than the
amount being paid for an interest in the loans, LCs or the commitments hereunder by such Lender or (iii) may receive fees or other payments in connection with the transactions contemplated hereby, the Loan Papers or otherwise, including
structuring fees, commitment fees, arrangement fees, facility fees, upfront fees, underwriting fees, ticking fees, agency fees, administrative agent or collateral agent fees, utilization fees, minimum usage fees, letter of credit fees, fronting
fees, deal-away or alternate transaction fees, amendment fees, processing fees, term out premiums, banker’s acceptance fees, breakage or other early termination fees or fees similar to the foregoing. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 87 

 IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of
this Agreement to be duly executed and delivered as of the date first above written. 
  

					
	MONRO, INC.,
	as Borrower
		
	By:	 	 /s/ Brian J. D’Ambrosia

		 	Name:	 	Brian J. D’Ambrosia
		 	Title:	 	Executive Vice President - Finance, Chief Financial Officer, and Treasurer

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

					
	CITIZENS BANK, N.A.,
	as Administrative Agent and a Lender
		
	By:	 	 /s/ Michael K. Makaitis

		 	Name:	 	Michael K. Makaitis
		 	Title:	 	Senior Vice President
		 		 	

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

					
	BANK OF AMERICA, N.A.,
	as Co-Syndication Agent and a Lender
		
	By:	 	 /s/ Thomas C. Strasenburgh

		 	Name:	 	Thomas C. Strasenburgh
		 	Title:	 	Senior Vice President

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

					
	JPMORGAN CHASE BANK, N.A.,
	as Co-Syndication Agent and a Lender
		
	By:	 	 /s/ Andrew McEvoy

		 	Name:	 	Andrew McEvoy
		 	Title:	 	Executive Director
		 		 	

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

 
					
	KEYBANK NATIONAL ASSOCIATION,
	as Co-Syndication Agent and a Lender
		
	By:	 	 /s/ Jeff Morse

		 	Name:	 	Jeff
Morse                                        

		 	Title:	 	Senior Vice President

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

 
					
	 BRANCH BANKING & TRUST COMPANY, 

as Co-Documentation Agent and a Lender

		
	By:	 	 /s/ Sharona Yet

		 	Name:	 	Sharona Yet
		 	Title:	 	Assistant Vice President

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

 
					
	 TD BANK, N.A., 
 as
Co-Documentation Agent and a Lender

		
	By:	 	 /s/ Craig Welch

		 	Name:	 	Craig Welch
		 	Title:	 	Senior Vice President

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

 
					
	WELLS FARGO BANK, N.A.,
	as Co-Documentation Agent and a Lender

 
					
		
	By:	 	 /s/ Brett Rawlings

		 	Name:	 	Brett Rawlings
		 	Title:	 	Vice President

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page] 

 
					
	[CITIBANK N.A.],
	As a Lender
		
	By:	 	 /s/ Garima Bansal

		 	Name:	 	Garima Bansal
		 	Title:	 	Senior Vice President

  
 [Monro - Amended and
Restated Credit Agreement – Signature Page]

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