Document:

International Swaps & Derivatives Assoc. Inc 2002 Master Agreement

 Exhibit 10.67 
 ISDA 
 International Swaps and Derivatives Association, Inc.

 2002 MASTER AGREEMENT 
 dated as of December 30, 2010 
 Bank of America, N.A. and Heartland Payment
Systems, Inc. 
 have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be
governed by this 2002 Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of
confirming or evidencing those Transactions. This 2002 Master Agreement and the Schedule are together referred to as this “Master Agreement”. 
 Accordingly, the parties agree as follows:— 
  

	1.	Interpretation 

 (a)
Definitions. The terms defined in Section 14 and elsewhere in this Master Agreement will have the meanings therein specified for the purpose of this Master Agreement. 
 (b) Inconsistency. In the event of any inconsistency between the provisions of the Schedule and the other provisions of this Master Agreement, the Schedule will prevail. In the event of any
inconsistency between the provisions of any Confirmation and this Master Agreement, such Confirmation will prevail for the purpose of the relevant Transaction. 
 (c) Single Agreement. All Transactions are entered into in reliance on the fact that this Master Agreement and all Confirmations form a single agreement between the parties (collectively
referred to as this “Agreement”), and the parties would not otherwise enter into any Transactions. 
  

	2.	Obligations 

 (a) General
Conditions.  
 (i) Each party will make each payment or delivery specified in each Confirmation to be made by it,
subject to the other provisions of this Agreement. 
 (ii) Payments under this Agreement will be made on the due date for value
on that date in the place of the account specified in the relevant Confirmation or otherwise pursuant to this Agreement, in freely transferable funds and in the manner customary for payments in the required currency. Where settlement is by delivery
(that is, other than by payment), such delivery will be made for receipt on the due date in the manner customary for the relevant obligation unless otherwise specified in the relevant Confirmation or elsewhere in this Agreement. 

Copyright © 2002 by International Swaps and Derivatives Association, Inc. 

 (iii) Each obligation of each party under Section 2(a)(i) is subject to (1) the
condition precedent that no Event of Default or Potential Event of Default with respect to the other party has occurred and is continuing, (2) the condition precedent that no Early Termination Date in respect of the relevant Transaction has
occurred or been effectively designated and (3) each other condition specified in this Agreement to be a condition precedent for the purpose of this Section 2(a)(iii). 
 (b) Change of Account. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the Scheduled
Settlement Date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change. 
 (c) Netting of Payments. If on any date amounts would otherwise be payable:— 
  

	 	(i)	in the same currency; and 

  

	 	(ii)	in respect of the same Transaction, 

 by each
party to the other, then, on such date, each party’s obligation to make payment of any such amount will be automatically satisfied and discharged and, if the aggregate amount that would otherwise have been payable by one party exceeds the
aggregate amount that would otherwise have been payable by the other party, replaced by an obligation upon the party by which the larger aggregate amount would have been payable to pay to the other party the excess of the larger aggregate amount
over the smaller aggregate amount. 
 The parties may elect in respect of two or more Transactions that a net amount and payment obligation will
be determined in respect of all amounts payable on the same date in the same currency in respect of those Transactions, regardless of whether such amounts are payable in respect of the same Transaction. The election may be made in the Schedule or
any Confirmation by specifying that “Multiple Transaction Payment Netting” applies to the Transactions identified as being subject to the election (in which case clause (ii) above will not apply to such Transactions). If Multiple
Transaction Payment Netting is applicable to Transactions, it will apply to those Transactions with effect from the starting date specified in the Schedule or such Confirmation, or, if a starting date is not specified in the Schedule or such
Confirmation, the starting date otherwise agreed by the parties in writing. This election may be made separately for different groups of Transactions and will apply separately to each pairing of Offices through which the parties make and receive
payments or deliveries. 
 (d) Deduction or Withholding for Tax.  

(i) Gross-Up. All payments under this Agreement will be made without any deduction or withholding for or on account of any
Tax unless such deduction or withholding is required by any applicable law, as modified by the practice of any relevant governmental revenue authority, then in effect. If a party is so required to deduct or withhold, then that party (“X”)
will:— 
 (1) promptly notify the other party (“Y”) of such requirement; 

(2) pay to the relevant authorities the full amount required to be deducted or withheld (including the full amount required to be deducted
or withheld from any additional amount paid by X to Y under this Section 2(d)) promptly upon the earlier of determining that such deduction or withholding is required or receiving notice that such amount has been assessed against Y; 

(3) promptly forward to Y an official receipt (or a certified copy), or other documentation reasonably acceptable to Y, evidencing such
payment to such authorities; and 

  

					
		  	2	  	ISDA®
2002

 (4) if such Tax is an Indemnifiable Tax, pay to Y, in addition to the payment to which Y is
otherwise entitled under this Agreement, such additional amount as is necessary to ensure that the net amount actually received by Y (free and clear of Indemnifiable Taxes, whether assessed against X or Y) will equal the full amount Y would have
received had no such deduction or withholding been required. However, X will not be required to pay any additional amount to Y to the extent that it would not be required to be paid but for:— 

(A) the failure by Y to comply with or perform any agreement contained in Section 4(a)(i), 4(a)(iii) or 4(d); or 

(B) the failure of a representation made by Y pursuant to Section 3(f) to be accurate and true unless such failure would not have
occurred but for (I) any action taken by a taxing authority, or brought in a court of competent jurisdiction, after a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement)
or (II) a Change in Tax Law. 
 (ii) Liability. If:— 

(1) X is required by any applicable law, as modified by the practice of any relevant governmental revenue authority, to make any deduction
or withholding in respect of which X would not be required to pay an additional amount to Y under Section 2(d)(i)(4); 
 (2)
X does not so deduct or withhold; and 
 (3) a liability resulting from such Tax is assessed directly against X, 

then, except to the extent Y has satisfied or then satisfies the liability resulting from such Tax, Y will promptly pay to X the amount of
such liability (including any related liability for interest, but including any related liability for penalties only if Y has failed to comply with or perform any agreement contained in Section 4(a)(i), 4(a)(iii) or 4(d)). 

 

	3.	Representations 

 Each party makes the
representations contained in Sections 3(a), 3(b), 3(c), 3(d), 3(e) and 3(f) and, if specified in the Schedule as applying, 3(g) to the other party (which representations will be deemed to be repeated by each party on each date on which a Transaction
is entered into and, in the case of the representations in Section 3(f), at all times until the termination of this Agreement). If any “Additional Representation” is specified in the Schedule or any Confirmation as applying, the party
or parties specified for such Additional Representation will make and, if applicable, be deemed to repeat such Additional Representation at the time or times specified for such Additional Representation. 

(a) Basic Representations.  
 (i) Status. It is duly organised and validly existing under the laws of the jurisdiction of its organisation or incorporation and, if relevant under such laws, in good standing; 

(ii) Powers. It has the power to execute this Agreement and any other documentation relating to this Agreement to which it
is a party, to deliver this Agreement and any other documentation relating to this Agreement that it is required by this Agreement to deliver and to perform its obligations under this Agreement and any obligations it has under any Credit Support
Document to which it is a party and has taken all necessary action to authorise such execution, delivery and performance; 

  

					
		  	3	  	ISDA®
2002

 (iii) No Violation or Conflict. Such execution, delivery and performance do
not violate or conflict with any law applicable to it, any provision of its constitutional documents, any order or judgment of any court or other agency of government applicable to it or any of its assets or any contractual restriction binding on or
affecting it or any of its assets; 
 (iv) Consents. All governmental and other consents that are required to have
been obtained by it with respect to this Agreement or any Credit Support Document to which it is a party have been obtained and are in full force and effect and all conditions of any such consents have been complied with; and 

(v) Obligations Binding. Its obligations under this Agreement and any Credit Support Document to which it is a party
constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms (subject to applicable bankruptcy, reorganisation, insolvency, moratorium or similar laws affecting creditors’ rights generally and
subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)). 
 (b) Absence of Certain Events. No Event of Default or Potential Event of Default or, to its knowledge, Termination Event with respect to it has occurred and is continuing and no such event
or circumstance would occur as a result of its entering into or performing its obligations under this Agreement or any Credit Support Document to which it is a party. 
 (c) Absence of Litigation. There is not pending or, to its knowledge, threatened against it, any of its Credit Support Providers or any of its applicable Specified Entities any action, suit
or proceeding at law or in equity or before any court, tribunal, governmental body, agency or official or any arbitrator that is likely to affect the legality, validity or enforceability against it of this Agreement or any Credit Support Document to
which it is a party or its ability to perform its obligations under this Agreement or such Credit Support Document. 
 (d) Accuracy of
Specified Information. All applicable information that is furnished in writing by or on behalf of it to the other party and is identified for the purpose of this Section 3(d) in the Schedule is, as of the date of the information, true,
accurate and complete in every material respect. 
 (e) Payer Tax Representation. Each representation specified in the Schedule as
being made by it for the purpose of this Section 3(e) is accurate and true. 
 (f) Payee Tax Representations. Each
representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true. 
 (g) No
Agency. It is entering into this Agreement, including each Transaction, as principal and not as agent of any person or entity. 
  

	4.	Agreements 

 Each party agrees with the
other that, so long as either party has or may have any obligation under this Agreement or under any Credit Support Document to which it is a party:— 
  

	(a)	Furnish Specified Information. It will deliver to the other party or, in certain cases under clause (iii) below, to such government or taxing
authority as the other party reasonably directs:— 

 (i) any forms, documents or certificates relating to
taxation specified in the Schedule or any Confirmation; 
 (ii) any other documents specified in the Schedule or any
Confirmation; and 

  

					
		  	4	  	ISDA®
2002

 (iii) upon reasonable demand by such other party, any form or document that may be required
or reasonably requested in writing in order to allow such other party or its Credit Support Provider to make a payment under this Agreement or any applicable Credit Support Document without any deduction or withholding for or on account of any Tax
or with such deduction or withholding at a reduced rate (so long as the completion, execution or submission of such form or document would not materially prejudice the legal or commercial position of the party in receipt of such demand), with any
such form or document to be accurate and completed in a manner reasonably satisfactory to such other party and to be executed and to be delivered with any reasonably required certification, 
 in each case by the date specified in the Schedule or such Confirmation or, if none is specified, as soon as reasonably practicable. 
 (b) Maintain Authorisations. It will use all reasonable efforts to maintain in full force and effect all consents of any governmental or other authority that are required to be obtained by
it with respect to this Agreement or any Credit Support Document to which it is a party and will use all reasonable efforts to obtain any that may become necessary in the future. 
 (c) Comply With Laws. It will comply in all material respects with all applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to
perform its obligations under this Agreement or any Credit Support Document to which it is a party. 
 (d) Tax Agreement. It will
give notice of any failure of a representation made by it under Section 3(f) to be accurate and true promptly upon learning of such failure. 
 (e) Payment of Stamp Tax. Subject to Section 11, it will pay any Stamp Tax levied or imposed upon it or in respect of its execution or performance of this Agreement by a jurisdiction in
which it is incorporated, organised, managed and controlled or considered to have its seat, or where an Office through which it is acting for the purpose of this Agreement is located (“Stamp Tax Jurisdiction”), and will indemnify the other
party against any Stamp Tax levied or imposed upon the other party or in respect of the other party’s execution or performance of this Agreement by any such Stamp Tax Jurisdiction which is not also a Stamp Tax Jurisdiction with respect to the
other party. 
  

	5.	Events of Default and Termination Events 

(a) Events of Default. The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or
any Specified Entity of such party of any of the following events constitutes (subject to Sections 5(c) and 6(e)(iv)) an event of default (an “Event of Default”) with respect to such party:— 

(i) Failure to Pay or Deliver. Failure by the party to make, when due, any payment under this Agreement or delivery
under Section 2(a)(i) or 9(h)(i)(2) or (4) required to be made by it if such failure is not remedied on or before the first Local Business Day in the case of any such payment or the first Local Delivery Day in the case of any such delivery
after, in each case, notice of such failure is given to the party; 
 (ii) Breach of Agreement; Repudiation of Agreement.
 
 (1) Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any
payment under this Agreement or delivery under Section 2(a)(i) or 9(h)(i)(2) or (4) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by
the party in accordance with this Agreement if such failure is not remedied within 30 days after notice of such failure is given to the party; or 
 (2) the party disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, this Master Agreement, any Confirmation executed and delivered by that party or any

  

					
		  	5	  	ISDA®
2002

 
Transaction evidenced by such a Confirmation (or such action is taken by any person or entity appointed or empowered to operate it or act on its behalf); 

(iii) Credit Support Default.  
 (1) Failure by the party or any Credit Support Provider of such party to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with any Credit Support
Document if such failure is continuing after any applicable grace period has elapsed; 
 (2) the expiration or termination of
such Credit Support Document or the failing or ceasing of such Credit Support Document, or any security interest granted by such party or such Credit Support Provider to the other party pursuant to any such Credit Support Document, to be in full
force and effect for the purpose of this Agreement (in each case other than in accordance with its terms) prior to the satisfaction of all obligations of such party under each Transaction to which such Credit Support Document relates without the
written consent of the other party; or 
 (3) the party or such Credit Support Provider disaffirms, disclaims, repudiates or
rejects, in whole or in part, or challenges the validity of, such Credit Support Document (or such action is taken by any person or entity appointed or empowered to operate it or act on its behalf); 

(iv) Misrepresentation. A representation (other than a representation under Section 3(e) or 3(f)) made or repeated or
deemed to have been made or repeated by the party or any Credit Support Provider of such party in this Agreement or any Credit Support Document proves to have been incorrect or misleading in any material respect when made or repeated or deemed to
have been made or repeated; 
 (v) Default Under Specified Transaction. The party, any Credit Support Provider of
such party or any applicable Specified Entity of such party:— 
 (1) defaults (other than by failing to make a delivery)
under a Specified Transaction or any credit support arrangement relating to a Specified Transaction and, after giving effect to any applicable notice requirement or grace period, such default results in a liquidation of, an acceleration of
obligations under, or an early termination of, that Specified Transaction; 
 (2) defaults, after giving effect to any applicable
notice requirement or grace period, in making any payment due on the last payment or exchange date of, or any payment on early termination of, a Specified Transaction (or, if there is no applicable notice requirement or grace period, such default
continues for at least one Local Business Day); 
 (3) defaults in making any delivery due under (including any delivery due on
the last delivery or exchange date of) a Specified Transaction or any credit support arrangement relating to a Specified Transaction and, after giving effect to any applicable notice requirement or grace period, such default results in a liquidation
of, an acceleration of obligations under, or an early termination of, all transactions outstanding under the documentation applicable to that Specified Transaction; or 
 (4) disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, a Specified Transaction or any credit support arrangement relating to a Specified Transaction that is,
in either case, confirmed or evidenced by a document or other confirming evidence executed and delivered by that party, Credit Support Provider or Specified Entity (or such action is taken by any person or entity appointed or empowered to operate it
or act on its behalf); 

  

					
		  	6	  	ISDA®
2002

 (vi) Cross-Default. If “Cross-Default” is specified in the Schedule
as applying to the party, the occurrence or existence of:— 
 (1) a default, event of default or other similar condition or
event (however described) in respect of such party, any Credit Support Provider of such party or any applicable Specified Entity of such party under one or more agreements or instruments relating to Specified Indebtedness of any of them
(individually or collectively) where the aggregate principal amount of such agreements or instruments, either alone or together with the amount, if any, referred to in clause (2) below, is not less than the applicable Threshold Amount (as
specified in the Schedule) which has resulted in such Specified Indebtedness becoming, or becoming capable at such time of being declared, due and payable under such agreements or instruments before it would otherwise have been due and payable; or

 (2) a default by such party, such Credit Support Provider or such Specified Entity (individually or collectively) in making
one or more payments under such agreements or instruments on the due date for payment (after giving effect to any applicable notice requirement or grace period) in an aggregate amount, either alone or together with the amount, if any, referred to in
clause (1) above, of not less than the applicable Threshold Amount; 
 (vii) Bankruptcy. The party, any Credit
Support Provider of such party or any applicable Specified Entity of such party:— 
 (1) is dissolved (other than pursuant
to a consolidation, amalgamation or merger); (2) becomes insolvent or is unable to pay its debts or fails or admits in writing its inability generally to pay its debts as they become due; (3) makes a general assignment, arrangement or
composition with or for the benefit of its creditors; (4)(A) institutes or has instituted against it, by a regulator, supervisor or any similar official with primary insolvency, rehabilitative or regulatory jurisdiction over it in the
jurisdiction of its incorporation or organisation or the jurisdiction of its head or home office, a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting
creditors’ rights, or a petition is presented for its winding-up or liquidation by it or such regulator, supervisor or similar official, or (B) has instituted against it a proceeding seeking a judgment of insolvency or bankruptcy or any
other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights, or a petition is presented for its winding-up or liquidation, and such proceeding or petition is instituted or presented by a person or entity
not described in clause (A) above and either (I) results in a judgment of insolvency or bankruptcy or the entry of an order for relief or the making of an order for its winding-up or liquidation or (II) is not dismissed, discharged, stayed
or restrained in each case within 15 days of the institution or presentation thereof; (5) has a resolution passed for its winding-up, official management or liquidation (other than pursuant to a consolidation, amalgamation or merger);
(6) seeks or becomes subject to the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official for it or for all or substantially all its assets; (7) has a secured party
take possession of all or substantially all its assets or has a distress, execution, attachment, sequestration or other legal process levied, enforced or sued on or against all or substantially all its assets and such secured party maintains
possession, or any such process is not dismissed, discharged, stayed or restrained, in each case within 15 days thereafter; (8) causes or is subject to any event with respect to it which, under the applicable laws of any jurisdiction, has an
analogous effect to any of the events specified in clauses (1) to (7) above (inclusive); or (9) takes any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the foregoing acts; or

  

					
		  	7	  	ISDA®
2002

 (viii) Merger Without Assumption. The party or any Credit Support Provider of
such party consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets to, or reorganises, reincorporates or reconstitutes into or as, another entity and, at the time of such consolidation,
amalgamation, merger, transfer, reorganisation, reincorporation or reconstitution:— 
 (1) the resulting, surviving or
transferee entity fails to assume all the obligations of such party or such Credit Support Provider under this Agreement or any Credit Support Document to which it or its predecessor was a party; or 

(2) the benefits of any Credit Support Document fail to extend (without the consent of the other party) to the performance by such
resulting, surviving or transferee entity of its obligations under this Agreement. 
 (b) Termination Events. The occurrence at
any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified Entity of such party of any event specified below constitutes (subject to Section 5(c)) an Illegality if the event is specified in
clause (i) below, a Force Majeure Event if the event is specified in clause (ii) below, a Tax Event if the event is specified in clause (iii) below, a Tax Event Upon Merger if the event is specified in clause (iv) below, and, if
specified to be applicable, a Credit Event Upon Merger if the event is specified pursuant to clause (v) below or an Additional Termination Event if the event is specified pursuant to clause (vi) below:— 

(i) Illegality. After giving effect to any applicable provision, disruption fallback or remedy specified in, or pursuant to,
the relevant Confirmation or elsewhere in this Agreement, due to an event or circumstance (other than any action taken by a party or, if applicable, any Credit Support Provider of such party) occurring after a Transaction is entered into, it becomes
unlawful under any applicable law (including without limitation the laws of any country in which payment, delivery or compliance is required by either party or any Credit Support Provider, as the case may be), on any day, or it would be unlawful if
the relevant payment, delivery or compliance were required on that day (in each case, other than as a result of a breach by the party of Section 4(b)):— 
 (1) for the Office through which such party (which will be the Affected Party) makes and receives payments or deliveries with respect to such Transaction to perform any absolute or contingent obligation
to make a payment or delivery in respect of such Transaction, to receive a payment or delivery in respect of such Transaction or to comply with any other material provision of this Agreement relating to such Transaction; or 

(2) for such party or any Credit Support Provider of such party (which will be the Affected Party) to perform any absolute or contingent
obligation to make a payment or delivery which such party or Credit Support Provider has under any Credit Support Document relating to such Transaction, to receive a payment or delivery under such Credit Support Document or to comply with any other
material provision of such Credit Support Document; 
 (ii) Force Majeure Event. After giving effect to any
applicable provision, disruption fallback or remedy specified in, or pursuant to, the relevant Confirmation or elsewhere in this Agreement, by reason of force majeure or act of state occurring after a Transaction is entered into, on any day:—

 (1) the Office through which such party (which will be the Affected Party) makes and receives payments or deliveries with
respect to such Transaction is prevented from performing any absolute or contingent obligation to make a payment or delivery in respect of such Transaction, from receiving a payment or delivery in respect of such Transaction or from complying with
any other material provision of this Agreement relating to such Transaction (or would be so prevented if such payment, delivery or compliance were required on that day), or it becomes impossible or

  

					
		  	8	  	ISDA®
2002

 
impracticable for such Office so to perform, receive or comply (or it would be impossible or impracticable for such Office so to perform, receive or comply if such payment, delivery or compliance
were required on that day); or 
 (2) such party or any Credit Support Provider of such party (which will be the Affected
Party) is prevented from performing any absolute or contingent obligation to make a payment or delivery which such party or Credit Support Provider has under any Credit Support Document relating to such Transaction, from receiving a payment or
delivery under such Credit Support Document or from complying with any other material provision of such Credit Support Document (or would be so prevented if such payment, delivery or compliance were required on that day), or it becomes impossible or
impracticable for such party or Credit Support Provider so to perform, receive or comply (or it would be impossible or impracticable for such party or Credit Support Provider so to perform, receive or comply if such payment, delivery or compliance
were required on that day), 
 so long as the force majeure or act of state is beyond the control of such Office, such party or
such Credit Support Provider, as appropriate, and such Office, party or Credit Support Provider could not, after using all reasonable efforts (which will not require such party or Credit Support Provider to incur a loss, other than immaterial,
incidental expenses), overcome such prevention, impossibility or impracticability; 
 (iii) Tax Event. Due to
(1) any action taken by a taxing authority, or brought in a court of competent jurisdiction, after a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or (2) a
Change in Tax Law, the party (which will be the Affected Party) will, or there is a substantial likelihood that it will, on the next succeeding Scheduled Settlement Date (A) be required to pay to the other party an additional amount in respect
of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 9(h)) or (B) receive a payment from which an amount is required to be deducted or withheld for or on account of a Tax (except in respect of
interest under Section 9(h)) and no additional amount is required to be paid in respect of such Tax under Section 2(d)(i)(4) (other than by reason of Section 2(d)(i)(4)(A) or (B)); 

(iv) Tax Event Upon Merger. The party (the “Burdened Party”) on the next succeeding Scheduled Settlement Date will
either (1) be required to pay an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 9(h)) or (2) receive a payment from which an amount has been deducted or
withheld for or on account of any Tax in respect of which the other party is not required to pay an additional amount (other than by reason of Section 2(d)(i)(4)(A) or (B)), in either case as a result of a party consolidating or amalgamating
with, or merging with or into, or transferring all or substantially all its assets (or any substantial part of the assets comprising the business conducted by it as of the date of this Master Agreement) to, or reorganising, reincorporating or
reconstituting into or as, another entity (which will be the Affected Party) where such action does not constitute a Merger Without Assumption; 
 (v) Credit Event Upon Merger. If “Credit Event Upon Merger” is specified in the Schedule as applying to the party, a Designated Event (as defined below) occurs with respect to such
party, any Credit Support Provider of such party or any applicable Specified Entity of such party (in each case, “X”) and such Designated Event does not constitute a Merger Without Assumption, and the creditworthiness of X or, if
applicable, the successor, surviving or transferee entity of X, after taking into account any applicable Credit Support Document, is materially weaker immediately after the occurrence of such Designated Event than that of X immediately prior to the
occurrence of such Designated Event (and, in any such event, such party or its successor, surviving or transferee entity, as appropriate, will be the Affected Party). A “Designated Event” with respect to X means that:— 

(1) X consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets (or any substantial part
of the assets comprising the business conducted by X as of the 

  

					
		  	9	  	ISDA®
2002

 
date of this Master Agreement) to, or reorganises, reincorporates or reconstitutes into or as, another entity; 
 (2) any person, related group of persons or entity acquires directly or indirectly the beneficial ownership of (A) equity securities having the power to elect a majority of the board of directors (or
its equivalent) of X or (B) any other ownership interest enabling it to exercise control of X; or 
 (3) X effects any
substantial change in its capital structure by means of the issuance, incurrence or guarantee of debt or the issuance of (A) preferred stock or other securities convertible into or exchangeable for debt or preferred stock or (B) in the
case of entities other than corporations, any other form of ownership interest; or 
 (vi) Additional Termination
Event. If any “Additional Termination Event” is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties will be as specified for such
Additional Termination Event in the Schedule or such Confirmation). 
 (c) Hierarchy of Events.  

(i) An event or circumstance that constitutes or gives rise to an Illegality or a Force Majeure Event will not, for so long as that is the
case, also constitute or give rise to an Event of Default under Section 5(a)(i), 5(a)(ii)(1) or 5(a)(iii)(1) insofar as such event or circumstance relates to the failure to make any payment or delivery or a failure to comply with any other
material provision of this Agreement or a Credit Support Document, as the case may be. 
 (ii) Except in circumstances
contemplated by clause (i) above, if an event or circumstance which would otherwise constitute or give rise to an Illegality or a Force Majeure Event also constitutes an Event of Default or any other Termination Event, it will be treated as an
Event of Default or such other Termination Event, as the case may be, and will not constitute or give rise to an Illegality or a Force Majeure Event. 
 (iii) If an event or circumstance which would otherwise constitute or give rise to a Force Majeure Event also constitutes an Illegality, it will be treated as an Illegality, except as described in clause
(ii) above, and not a Force Majeure Event. 
 (d) Deferral of Payments and Deliveries During Waiting Period. If an Illegality
or a Force Majeure Event has occurred and is continuing with respect to a Transaction, each payment or delivery which would otherwise be required to be made under that Transaction will be deferred to, and will not be due until:— 

(i) the first Local Business Day or, in the case of a delivery, the first Local Delivery Day (or the first day that would have been a
Local Business Day or Local Delivery Day, as appropriate, but for the occurrence of the event or circumstance constituting or giving rise to that Illegality or Force Majeure Event) following the end of any applicable Waiting Period in respect of
that Illegality or Force Majeure Event, as the case may be; or 
 (ii) if earlier, the date on which the event or circumstance
constituting or giving rise to that Illegality or Force Majeure Event ceases to exist or, if such date is not a Local Business Day or, in the case of a delivery, a Local Delivery Day, the first following day that is a Local Business Day or Local
Delivery Day, as appropriate. 
 (e) Inability of Head or Home Office to Perform Obligations of Branch. If (i) an Illegality
or a Force Majeure Event occurs under Section 5(b)(i)(1) or 5(b)(ii)(1) and the relevant Office is not the Affected Party’s head or home office, (ii) Section 10(a) applies, (iii) the other party seeks performance of the
relevant obligation or 

  

					
		  	10	  	ISDA®
2002

 
compliance with the relevant provision by the Affected Party’s head or home office and (iv) the Affected Party’s head or home office fails so to perform or comply due to the
occurrence of an event or circumstance which would, if that head or home office were the Office through which the Affected Party makes and receives payments and deliveries with respect to the relevant Transaction, constitute or give rise to an
Illegality or a Force Majeure Event, and such failure would otherwise constitute an Event of Default under Section 5(a)(i)or 5(a)(iii)(1) with respect to such party, then, for so long as the relevant event or circumstance continues to exist
with respect to both the Office referred to in Section 5(b)(i)(1) or 5(b)(ii)(1), as the case may be, and the Affected Party’s head or home office, such failure will not constitute an Event of Default under Section 5(a)(i) or
5(a)(iii)(1). 
  

	6.	Early Termination; Close-Out Netting 

 (a)
Right to Terminate Following Event of Default. If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”)
may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If,
however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of
an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition
upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8). 
 (b) Right to Terminate Following Termination Event.  
 (i)
Notice. If a Termination Event other than a Force Majeure Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction,
and will also give the other party such other information about that Termination Event as the other party may reasonably require. If a Force Majeure Event occurs, each party will, promptly upon becoming aware of it, use all reasonable efforts to
notify the other party, specifying the nature of that Force Majeure Event, and will also give the other party such other information about that Force Majeure Event as the other party may reasonably require. 

(ii) Transfer to Avoid Termination Event. If a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon
Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to
incur a loss, other than immaterial, incidental expenses) to transfer within 20 days after it gives notice under Section 6(b)(i) all its rights and obligations under this Agreement in respect of the Affected Transactions to another of its
Offices or Affiliates so that such Termination Event ceases to exist. 
 If the Affected Party is not able to make such a
transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i). 

Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the
other party, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed. 

(iii) Two Affected Parties. If a Tax Event occurs and there are two Affected Parties, each party will use all reasonable
efforts to reach agreement within 30 days after notice of such occurrence is given under Section 6(b)(i) to avoid that Termination Event. 

  

					
		  	11	  	ISDA®
2002

 (iv) Right to Terminate. 

(1) If:— 
 (A) a transfer under Section 6(b)(ii) or an agreement under Section 6(b)(iii), as the case may be, has not been effected with respect to all Affected Transactions within 30 days after an
Affected Party gives notice under Section 6(b)(i); or 
 (B) a Credit Event Upon Merger or an Additional Termination Event
occurs, or a Tax Event Upon Merger occurs and the Burdened Party is not the Affected Party, 
 the Burdened Party in the case of
a Tax Event Upon Merger, any Affected Party in the case of a Tax Event or an Additional Termination Event if there are two Affected Parties, or the Non-affected Party in the case of a Credit Event Upon Merger or an Additional Termination Event if
there is only one Affected Party may, if the relevant Termination Event is then continuing, by not more than 20 days notice to the other party, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect
of all Affected Transactions. 
 (2) If at any time an Illegality or a Force Majeure Event has occurred and is then continuing
and any applicable Waiting Period has expired:— 
 (A) Subject to clause (B) below, either party may, by not more than
20 days notice to the other party, designate (I) a day not earlier than the day on which such notice becomes effective as an Early Termination Date in respect of all Affected Transactions or (II) by specifying in that notice the Affected
Transactions in respect of which it is designating the relevant day as an Early Termination Date, a day not earlier than two Local Business Days following the day on which such notice becomes effective as an Early Termination Date in respect of less
than all Affected Transactions. Upon receipt of a notice designating an Early Termination Date in respect of less than all Affected Transactions, the other party may, by notice to the designating party, if such notice is effective on or before the
day so designated, designate that same day as an Early Termination Date in respect of any or all other Affected Transactions. 

(B) An Affected Party (if the Illegality or Force Majeure Event relates to performance by such party or any Credit Support Provider of
such party of an obligation to make any payment or delivery under, or to compliance with any other material provision of, the relevant Credit Support Document) will only have the right to designate an Early Termination Date under
Section 6(b)(iv)(2)(A) as a result of an Illegality under Section 5(b)(i)(2) or a Force Majeure Event under Section 5(b)(ii)(2) following the prior designation by the other party of an Early Termination Date, pursuant to
Section 6(b)(iv)(2)(A), in respect of less than all Affected Transactions. 
 (c) Effect of Designation.  

(i) If notice designating an Early Termination Date is given under Section 6(a) or 6(b), the Early Termination Date will occur on the
date so designated, whether or not the relevant Event of Default or Termination Event is then continuing. 
 (ii) Upon the
occurrence or effective designation of an Early Termination Date, no further payments or deliveries under Section 2(a)(i) or 9(h)(i) in respect of the Terminated Transactions will be required to be made, but without prejudice to the other
provisions of this Agreement. The amount, if any, payable in respect of an Early Termination Date will be determined pursuant to Sections 6(e) and 9(h)(ii). 

  

					
		  	12	  	ISDA®
2002

 (d) Calculations; Payment Date.  

(i) Statement. On or as soon as reasonably practicable following the occurrence of an Early Termination Date, each party
will make the calculations on its part, if any, contemplated by Section 6(e) and will provide to the other party a statement (1) showing, in reasonable detail, such calculations (including any quotations, market data or information from
internal sources used in making such calculations), (2) specifying (except where there are two Affected Parties) any Early Termination Amount payable and (3) giving details of the relevant account to which any amount payable to it is to be
paid. In the absence of written confirmation from the source of a quotation or market data obtained in determining a Close-out Amount, the records of the party obtaining such quotation or market data will be conclusive evidence of the existence and
accuracy of such quotation or market data. 
 (ii) Payment Date. An Early Termination Amount due in respect of any
Early Termination Date will, together with any amount of interest payable pursuant to Section 9(h)(ii)(2), be payable (1) on the day on which notice of the amount payable is effective in the case of an Early Termination Date which is
designated or occurs as a result of an Event of Default and (2) on the day which is two Local Business Days after the day on which notice of the amount payable is effective (or, if there are two Affected Parties, after the day on which the
statement provided pursuant to clause (i) above by the second party to provide such a statement is effective) in the case of an Early Termination Date which is designated as a result of a Termination Event. 

(e) Payments on Early Termination. If an Early Termination Date occurs, the amount, if any, payable in respect of that Early Termination
Date (the “Early Termination Amount”) will be determined pursuant to this Section 6(e) and will be subject to Section 6(f). 
 (i) Events of Default. If the Early Termination Date results from an Event of Default, the Early Termination Amount will be an amount equal to (1) the sum of (A) the Termination
Currency Equivalent of the Close-out Amount or Close-out Amounts (whether positive or negative) determined by the Non-defaulting Party for each Terminated Transaction or group of Terminated Transactions, as the case may be, and (B) the
Termination Currency Equivalent of the Unpaid Amounts owing to the Non-defaulting Party less (2) the Termination Currency Equivalent of the Unpaid Amounts owing to the Defaulting Party. If the Early Termination Amount is a positive number, the
Defaulting Party will pay it to the Non-defaulting Party; if it is a negative number, the Non-defaulting Party will pay the absolute value of the Early Termination Amount to the Defaulting Party. 

(ii) Termination Events. If the Early Termination Date results from a Termination Event:— 

(1) One Affected Party. Subject to clause (3) below, if there is one Affected Party, the Early Termination Amount will be
determined in accordance with Section 6(e)(i), except that references to the Defaulting Party and to the Non-defaulting Party will be deemed to be references to the Affected Party and to the Non-affected Party, respectively. 

(2) Two Affected Parties. Subject to clause (3) below, if there are two Affected Parties, each party will determine an amount
equal to the Termination Currency Equivalent of the sum of the Close-out Amount or Close-out Amounts (whether positive or negative) for each Terminated Transaction or group of Terminated Transactions, as the case may be, and the Early Termination
Amount will be an amount equal to (A) the sum of (I) one-half of the difference between the higher amount so determined (by party “X”) and the lower amount so determined (by party “Y”) and (II) the Termination Currency
Equivalent of the Unpaid Amounts owing to X less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to Y. If the Early Termination Amount is a positive number, Y will pay it to X; if it is a negative number, X will pay the
absolute value of the Early Termination Amount to Y. 

  

					
		  	13	  	ISDA®
2002

 (3) Mid-Market Events. If that Termination Event is an Illegality or a Force Majeure
Event, then the Early Termination Amount will be determined in accordance with clause (1) or (2) above, as appropriate, except that, for the purpose of determining a Close-out Amount or Close-out Amounts, the Determining Party will:—

 (A) if obtaining quotations from one or more third parties (or from any of the Determining Party’s Affiliates), ask
each third party or Affiliate (I) not to take account of the current creditworthiness of the Determining Party or any existing Credit Support Document and (II) to provide mid-market quotations; and 

(B) in any other case, use mid-market values without regard to the creditworthiness of the Determining Party. 

(iii) Adjustment for Bankruptcy. In circumstances where an Early Termination Date occurs because Automatic Early Termination
applies in respect of a party, the Early Termination Amount will be subject to such adjustments as are appropriate and permitted by applicable law to reflect any payments or deliveries made by one party to the other under this Agreement (and
retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii). 
 (iv) Adjustment for Illegality or Force Majeure Event. The failure by a party or any Credit Support Provider of such party to pay, when due, any Early Termination Amount will not constitute
an Event of Default under Section 5(a)(i) or 5(a)(iii)(1) if such failure is due to the occurrence of an event or circumstance which would, if it occurred with respect to payment, delivery or compliance related to a Transaction, constitute or
give rise to an Illegality or a Force Majeure Event. Such amount will (1) accrue interest and otherwise be treated as an Unpaid Amount owing to the other party if subsequently an Early Termination Date results from an Event of Default, a Credit
Event Upon Merger or an Additional Termination Event in respect of which all outstanding Transactions are Affected Transactions and (2) otherwise accrue interest in accordance with Section 9(h)(ii)(2). 

(v) Pre-Estimate. The parties agree that an amount recoverable under this Section 6(e) is a reasonable pre-estimate of
loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this Agreement, neither party will be entitled to recover any additional damages as a
consequence of the termination of the Terminated Transactions. 
 (f) Set-Off. Any Early Termination Amount payable to one party
(the “Payee”) by the other party (the “Payer”), in circumstances where there is a Defaulting Party or where there is one Affected Party in the case where either a Credit Event Upon Merger has occurred or any other Termination
Event in respect of which all outstanding Transactions are Affected Transactions has occurred, will, at the option of the Non-defaulting Party or the Non-affected Party, as the case may be (“X”) (and without prior notice to the Defaulting
Party or the Affected Party, as the case may be), be reduced by its set-off against any other amounts (“Other Amounts”) payable by the Payee to the Payer (whether or not arising under this Agreement, matured or contingent and irrespective
of the currency, place of payment or place of booking of the obligation). To the extent that any Other Amounts are so set off, those Other Amounts will be discharged promptly and in all respects. X will give notice to the other party of any set-off
effected under this Section 6(f). 
 For this purpose, either the Early Termination Amount or the Other Amounts (or the relevant portion of
such amounts) may be converted by X into the currency in which the other is denominated at the rate of exchange at which such party would be able, in good faith and using commercially reasonable procedures, to purchase the relevant amount of such
currency. 

  

					
		  	14	  	ISDA®
2002

 If an obligation is unascertained, X may in good faith estimate that obligation and set off in respect of
the estimate, subject to the relevant party accounting to the other when the obligation is ascertained. 
 Nothing in this Section 6(f)
will be effective to create a charge or other security interest. This Section 6(f) will be without prejudice and in addition to any right of set-off, offset, combination of accounts, lien, right of retention or withholding or similar right or
requirement to which any party is at any time otherwise entitled or subject (whether by operation of law, contract or otherwise). 
  

	7.	Transfer 

 Subject to
Section 6(b)(ii) and to the extent permitted by applicable law, neither this Agreement nor any interest or obligation in or under this Agreement may be transferred (whether by way of security or otherwise) by either party without the prior
written consent of the other party, except that:— 
 (a) a party may make such a transfer of this Agreement pursuant to a consolidation or
amalgamation with, or merger with or into, or transfer of all or substantially all its assets to, another entity (but without prejudice to any other right or remedy under this Agreement); and 
 (b) a party may make such a transfer of all or any part of its interest in any Early Termination Amount payable to it by a Defaulting Party, together with any amounts payable on or with respect to that
interest and any other rights associated with that interest pursuant to Sections 8, 9(h) and 11. 
 Any purported transfer that is not in
compliance with this Section 7 will be void. 
  

	8.	Contractual Currency 

 (a) Payment
in the Contractual Currency. Each payment under this Agreement will be made in the relevant currency specified in this Agreement for that payment (the “Contractual Currency”). To the extent permitted by applicable law, any
obligation to make payments under this Agreement in the Contractual Currency will not be discharged or satisfied by any tender in any currency other than the Contractual Currency, except to the extent such tender results in the actual receipt by the
party to which payment is owed, acting in good faith and using commercially reasonable procedures in converting the currency so tendered into the Contractual Currency, of the full amount in the Contractual Currency of all amounts payable in respect
of this Agreement. If for any reason the amount in the Contractual Currency so received falls short of the amount in the Contractual Currency payable in respect of this Agreement, the party required to make the payment will, to the extent permitted
by applicable law, immediately pay such additional amount in the Contractual Currency as may be necessary to compensate for the shortfall. If for any reason the amount in the Contractual Currency so received exceeds the amount in the Contractual
Currency payable in respect of this Agreement, the party receiving the payment will refund promptly the amount of such excess. 
 (b)
Judgments. To the extent permitted by applicable law, if any judgment or order expressed in a currency other than the Contractual Currency is rendered (i) for the payment of any amount owing in respect of this Agreement,
(ii) for the payment of any amount relating to any early termination in respect of this Agreement or (iii) in respect of a judgment or order of another court for the payment of any amount described in clause (i) or (ii) above,
the party seeking recovery, after recovery in full of the aggregate amount to which such party is entitled pursuant to the judgment or order, will be entitled to receive immediately from the other party the amount of any shortfall of the Contractual
Currency received by such party as a consequence of sums paid in such other currency and will refund promptly to the other party any excess of the Contractual Currency received by such party as a consequence of sums paid in such other currency if
such shortfall or such excess arises or results from any variation between the rate of exchange at which the Contractual Currency is converted into the currency of the judgment or order for the purpose of such judgment or order and the rate of
exchange at which such party is able, acting in good faith and using 

  

					
		  	15	  	ISDA®
2002

 
commercially reasonable procedures in converting the currency received into the Contractual Currency, to purchase the Contractual Currency with the amount of the currency of the judgment or order
actually received by such party. 
 (c) Separate Indemnities. To the extent permitted by applicable law, the indemnities in this
Section 8 constitute separate and independent obligations from the other obligations in this Agreement, will be enforceable as separate and independent causes of action, will apply notwithstanding any indulgence granted by the party to which
any payment is owed and will not be affected by judgment being obtained or claim or proof being made for any other sums payable in respect of this Agreement. 
 (d) Evidence of Loss. For the purpose of this Section 8, it will be sufficient for a party to demonstrate that it would have suffered a loss had an actual exchange or purchase been
made. 
  

	9.	Miscellaneous 

 (a) Entire
Agreement. This Agreement constitutes the entire agreement and understanding of the parties with respect to its subject matter. Each of the parties acknowledges that in entering into this Agreement it has not relied on any oral or written
representation, warranty or other assurance (except as provided for or referred to in this Agreement) and waives all rights and remedies which might otherwise be available to it in respect thereof, except that nothing in this Agreement will limit or
exclude any liability of a party for fraud. 
 (b) Amendments. An amendment, modification or waiver in respect of this Agreement
will only be effective if in writing (including a writing evidenced by a facsimile transmission) and executed by each of the parties or confirmed by an exchange of telexes or by an exchange of electronic messages on an electronic messaging system.

 (c) Survival of Obligations. Without prejudice to Sections 2(a)(iii) and 6(c)(ii), the obligations of the parties under this
Agreement will survive the termination of any Transaction. 
 (d) Remedies Cumulative. Except as provided in this Agreement, the
rights, powers, remedies and privileges provided in this Agreement are cumulative and not exclusive of any rights, powers, remedies and privileges provided by law. 
 (e) Counterparts and Confirmations.  
 (i) This Agreement (and each
amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission and by electronic messaging system), each of which will be deemed an original. 

(ii) The parties intend that they are legally bound by the terms of each Transaction from the moment they agree to those terms (whether
orally or otherwise). A Confirmation will be entered into as soon as practicable and may be executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes, by an exchange of electronic messages
on an electronic messaging system or by an exchange of e-mails, which in each case will be sufficient for all purposes to evidence a binding supplement to this Agreement. The parties will specify therein or through another effective means that any
such counterpart, telex, electronic message or e-mail constitutes a Confirmation. 
 (f) No Waiver of Rights. A failure or delay
in exercising any right, power or privilege in respect of this Agreement will not be presumed to operate as a waiver, and a single or partial exercise of any right, power or privilege will not be presumed to preclude any subsequent or further
exercise, of that right, power or privilege or the exercise of any other right, power or privilege. 
 (g) Headings. The headings
used in this Agreement are for convenience of reference only and are not to affect the construction of or to be taken into consideration in interpreting this Agreement. 

  

					
		  	16	  	ISDA®
2002

 (h) Interest and Compensation.  

(i) Prior to Early Termination. Prior to the occurrence or effective designation of an Early Termination Date in respect of the relevant
Transaction:— 
 (1) Interest on Defaulted Payments. If a party defaults in the performance of any payment
obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the
period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause
(3)(B) or (C) below), at the Default Rate. 
 (2) Compensation for Defaulted Deliveries. If a party defaults in
the performance of any obligation required to be settled by delivery, it will on demand (A) compensate the other party to the extent provided for in the relevant Confirmation or elsewhere in this Agreement and (B) unless otherwise provided
in the relevant Confirmation or elsewhere in this Agreement, to the extent permitted by applicable law and subject to Section 6(c), pay to the other party interest (before as well as after judgment) on an amount equal to the fair market value
of that which was required to be delivered in the same currency as that amount, for the period from (and including) the originally scheduled date for delivery to (but excluding) the date of actual delivery (and excluding any period in respect of
which interest or compensation in respect of that amount is due pursuant to clause (4) below), at the Default Rate. The fair market value of any obligation referred to above will be determined as of the originally scheduled date for delivery,
in good faith and using commercially reasonable procedures, by the party that was entitled to take delivery. 
 (3) Interest
on Deferred Payments. If:— 
 (A) a party does not pay any amount that, but for Section 2(a)(iii), would have been
payable, it will, to the extent permitted by applicable law and subject to Section 6(c) and clauses (B) and (C) below, pay interest (before as well as after judgment) on that amount to the other party on demand (after such amount
becomes payable) in the same currency as that amount, for the period from (and including) the date the amount would, but for Section 2(a)(iii), have been payable to (but excluding) the date the amount actually becomes payable, at the Applicable
Deferral Rate; 
 (B) a payment is deferred pursuant to Section 5(d), the party which would otherwise have been required to
make that payment will, to the extent permitted by applicable law, subject to Section 6(c) and for so long as no Event of Default or Potential Event of Default with respect to that party has occurred and is continuing, pay interest (before as
well as after judgment) on the amount of the deferred payment to the other party on demand (after such amount becomes payable) in the same currency as the deferred payment, for the period from (and including) the date the amount would, but for
Section 5(d), have been payable to (but excluding) the earlier of the date the payment is no longer deferred pursuant to Section 5(d) and the date during the deferral period upon which an Event of Default or Potential Event of Default with
respect to that party occurs, at the Applicable Deferral Rate; or 
 (C) a party fails to make any payment due to the occurrence
of an Illegality or a Force Majeure Event (after giving effect to any deferral period contemplated by clause (B) above), it will, to the extent permitted by applicable law, subject to Section 6(c) and for so long as the event or
circumstance giving rise to that Illegality or Force Majeure Event 

  

					
		  	17	  	ISDA®
2002

 
continues and no Event of Default or Potential Event of Default with respect to that party has occurred and is continuing, pay interest (before as well as after judgment) on the overdue amount to
the other party on demand in the same currency as the overdue amount, for the period from (and including) the date the party fails to make the payment due to the occurrence of the relevant Illegality or Force Majeure Event (or, if later, the date
the payment is no longer deferred pursuant to Section 5(d)) to (but excluding) the earlier of the date the event or circumstance giving rise to that Illegality or Force Majeure Event ceases to exist and the date during the period upon which an
Event of Default or Potential Event of Default with respect to that party occurs (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (B) above), at the Applicable
Deferral Rate. 
 (4) Compensation for Deferred Deliveries. If:— 

(A) a party does not perform any obligation that, but for Section 2(a)(iii), would have been required to be settled by delivery;

 (B) a delivery is deferred pursuant to Section 5(d); or 

(C) a party fails to make a delivery due to the occurrence of an Illegality or a Force Majeure Event at a time when any applicable
Waiting Period has expired, 
 the party required (or that would otherwise have been required) to make the delivery will, to the
extent permitted by applicable law and subject to Section 6(c), compensate and pay interest to the other party on demand (after, in the case of clauses (A) and (B) above, such delivery is required) if and to the extent provided for in
the relevant Confirmation or elsewhere in this Agreement. 
 (ii) Early Termination. Upon the occurrence or
effective designation of an Early Termination Date in respect of a Transaction:— 
 (1) Unpaid Amounts. For the
purpose of determining an Unpaid Amount in respect of the relevant Transaction, and to the extent permitted by applicable law, interest will accrue on the amount of any payment obligation or the amount equal to the fair market value of any
obligation required to be settled by delivery included in such determination in the same currency as that amount, for the period from (and including) the date the relevant obligation was (or would have been but for Section 2(a)(iii) or 5(d))
required to have been performed to (but excluding) the relevant Early Termination Date, at the Applicable Close-out Rate. 
 (2)
Interest on Early Termination Amounts. If an Early Termination Amount is due in respect of such Early Termination Date, that amount will, to the extent permitted by applicable law, be paid together with interest (before as well as after
judgment) on that amount in the Termination Currency, for the period from (and including) such Early Termination Date to (but excluding) the date the amount is paid, at the Applicable Close-out Rate. 

(iii) Interest Calculation. Any interest pursuant to this Section 9(h) will be calculated on the basis of daily
compounding and the actual number of days elapsed. 

  

					
		  	18	  	ISDA®
2002

	10.	Offices; Multibranch Parties 

 (a) If
Section 10(a) is specified in the Schedule as applying, each party that enters into a Transaction through an Office other than its head or home office represents to and agrees with the other party that, notwithstanding the place of booking or
its jurisdiction of incorporation or organisation, its obligations are the same in terms of recourse against it as if it had entered into the Transaction through its head or home office, except that a party will not have recourse to the head or home
office of the other party in respect of any payment or delivery deferred pursuant to Section 5(d) for so long as the payment or delivery is so deferred. This representation and agreement will be deemed to be repeated by each party on each date
on which the parties enter into a Transaction. 
 (b) If a party is specified as a Multibranch Party in the Schedule, such party may, subject to
clause (c) below, enter into a Transaction through, book a Transaction in and make and receive payments and deliveries with respect to a Transaction through any Office listed in respect of that party in the Schedule (but not any other Office
unless otherwise agreed by the parties in writing). 
 (c) The Office through which a party enters into a Transaction will be the Office
specified for that party in the relevant Confirmation or as otherwise agreed by the parties in writing, and, if an Office for that party is not specified in the Confirmation or otherwise agreed by the parties in writing, its head or home office.
Unless the parties otherwise agree in writing, the Office through which a party enters into a Transaction will also be the Office in which it books the Transaction and the Office through which it makes and receives payments and deliveries with
respect to the Transaction. Subject to Section 6(b)(ii), neither party may change the Office in which it books the Transaction or the Office through which it makes and receives payments or deliveries with respect to a Transaction without the
prior written consent of the other party. 
  

	11.	Expenses 

 A Defaulting Party will on
demand indemnify and hold harmless the other party for and against all reasonable out-of-pocket expenses, including legal fees, execution fees and Stamp Tax, incurred by such other party by reason of the enforcement and protection of its rights
under this Agreement or any Credit Support Document to which the Defaulting Party is a party or by reason of the early termination of any Transaction, including, but not limited to, costs of collection. 

 

	12.	Notices 

 (a) Effectiveness.
Any notice or other communication in respect of this Agreement may be given in any manner described below (except that a notice or other communication under Section 5 or 6 may not be given by electronic messaging system or e-mail) to
the address or number or in accordance with the electronic messaging system or e-mail details provided (see the Schedule) and will be deemed effective as indicated:— 
 (i) if in writing and delivered in person or by courier, on the date it is delivered; 
 (ii) if sent by telex, on the date the recipient’s answerback is received; 

(iii) if sent by facsimile transmission, on the date it is received by a responsible employee of the recipient in legible form (it being
agreed that the burden of proving receipt will be on the sender and will not be met by a transmission report generated by the sender’s facsimile machine); 
 (iv) if sent by certified or registered mail (airmail, if overseas) or the equivalent (return receipt requested), on the date it is delivered or its delivery is attempted; 

(v) if sent by electronic messaging system, on the date it is received; or 

  

					
		  	19	  	ISDA®
2002

 (vi) if sent by e-mail, on the date it is delivered, 

unless the date of that delivery (or attempted delivery) or that receipt, as applicable, is not a Local Business Day or that communication is delivered
(or attempted) or received, as applicable, after the close of business on a Local Business Day, in which case that communication will be deemed given and effective on the first following day that is a Local Business Day. 

(b) Change of Details. Either party may by notice to the other change the address, telex or facsimile number or electronic messaging system
or e-mail details at which notices or other communications are to be given to it. 
  

	13.	Governing Law and Jurisdiction 

 (a)
Governing Law. This Agreement will be governed by and construed in accordance with the law specified in the Schedule. 
 (b)
Jurisdiction. With respect to any suit, action or proceedings relating to any dispute arising out of or in connection with this Agreement (“Proceedings”), each party irrevocably:— 

(i) submits:— 
 (1) if this Agreement is expressed to be governed by English law, to (A) the non-exclusive jurisdiction of the English courts if the Proceedings do not involve a Convention Court and (B) the
exclusive jurisdiction of the English courts if the Proceedings do involve a Convention Court; or 
 (2) if this Agreement is
expressed to be governed by the laws of the State of New York, to the non-exclusive jurisdiction of the courts of the State of New York and the United States District Court located in the Borough of Manhattan in New York City; 

(ii) waives any objection which it may have at any time to the laying of venue of any Proceedings brought in any such court, waives any
claim that such Proceedings have been brought in an inconvenient forum and further waives the right to object, with respect to such Proceedings, that such court does not have any jurisdiction over such party; and 

(iii) agrees, to the extent permitted by applicable law, that the bringing of Proceedings in any one or more jurisdictions will not
preclude the bringing of Proceedings in any other jurisdiction. 
 (c) Service of Process. Each party irrevocably appoints the
Process Agent, if any, specified opposite its name in the Schedule to receive, for it and on its behalf, service of process in any Proceedings. If for any reason any party’s Process Agent is unable to act as such, such party will promptly
notify the other party and within 30 days appoint a substitute process agent acceptable to the other party. The parties irrevocably consent to service of process given in the manner provided for notices in Section 12(a)(i), 12(a)(iii) or
12(a)(iv). Nothing in this Agreement will affect the right of either party to serve process in any other manner permitted by applicable law. 

(d) Waiver of Immunities. Each party irrevocably waives, to the extent permitted by applicable law, with respect to itself and its revenues
and assets (irrespective of their use or intended use), all immunity on the grounds of sovereignty or other similar grounds from (i) suit, (ii) jurisdiction of any court, (iii) relief by way of injunction or order for specific
performance or recovery of property, (iv) attachment of its assets (whether before or after judgment) and (v) execution or enforcement of any judgment to which it or its revenues or assets might otherwise be entitled in any Proceedings in
the courts of any jurisdiction and irrevocably agrees, to the extent permitted by applicable law, that it will not claim any such immunity in any Proceedings. 

  

					
		  	20	  	ISDA®
2002

	14.	Definitions 

 As used in this
Agreement:— 
 “Additional Representation” has the meaning specified in Section 3. 

“Additional Termination Event” has the meaning specified in Section 5(b). 

“Affected Party” has the meaning specified in Section 5(b). 
 “Affected Transactions” means (a) with respect to any Termination Event consisting of an Illegality, Force Majeure Event, Tax Event or Tax Event Upon Merger, all Transactions
affected by the occurrence of such Termination Event (which, in the case of an Illegality under Section 5(b)(i)(2) or a Force Majeure Event under Section 5(b)(ii)(2), means all Transactions unless the relevant Credit Support Document
references only certain Transactions, in which case those Transactions and, if the relevant Credit Support Document constitutes a Confirmation for a Transaction, that Transaction) and (b) with respect to any other Termination Event, all
Transactions. 
 “Affiliate” means, subject to the Schedule, in relation to any person, any entity controlled, directly
or indirectly, by the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. For this purpose, “control” of any entity or person means ownership of a
majority of the voting power of the entity or person. 
 “Agreement” has the meaning specified in Section 1(c).

 “Applicable Close-out Rate” means:— 
 (a) in respect of the determination of an Unpaid Amount:— 
 (i) in respect of
obligations payable or deliverable (or which would have been but for Section 2(a)(iii)) by a Defaulting Party, the Default Rate; 
 (ii) in respect of obligations payable or deliverable (or which would have been but for Section 2(a)(iii)) by a Non-defaulting Party, the Non-default Rate; 

(iii) in respect of obligations deferred pursuant to Section 5(d), if there is no Defaulting Party and for so long as the deferral
period continues, the Applicable Deferral Rate; and 
 (iv) in all other cases following the occurrence of a Termination Event
(except where interest accrues pursuant to clause (iii) above), the Applicable Deferral Rate; and 
 (b) in respect of an Early Termination
Amount:— 
 (i) for the period from (and including) the relevant Early Termination Date to (but excluding) the date
(determined in accordance with Section 6(d)(ii)) on which that amount is payable:— 
 (1) if the Early Termination
Amount is payable by a Defaulting Party, the Default Rate; 
 (2) if the Early Termination Amount is payable by a Non-defaulting
Party, the Non-default Rate; and 
 (3) in all other cases, the Applicable Deferral Rate; and 

  

					
		  	21	  	ISDA®
2002

 (ii) for the period from (and including) the date (determined in accordance with
Section 6(d)(ii)) on which that amount is payable to (but excluding) the date of actual payment:— 
 (1) if a party
fails to pay the Early Termination Amount due to the occurrence of an event or circumstance which would, if it occurred with respect to a payment or delivery under a Transaction, constitute or give rise to an Illegality or a Force Majeure Event, and
for so long as the Early Termination Amount remains unpaid due to the continuing existence of such event or circumstance, the Applicable Deferral Rate; 
 (2) if the Early Termination Amount is payable by a Defaulting Party (but excluding any period in respect of which clause (1) above applies), the Default Rate; 

(3) if the Early Termination Amount is payable by a Non-defaulting Party (but excluding any period in respect of which clause
(1) above applies), the Non-default Rate; and 
 (4) in all other cases, the Termination Rate. 

“Applicable Deferral Rate” means:— 
 (a) for the purpose of Section 9(h)(i)(3)(A), the rate certified by the relevant payer to be a rate offered to the payer by a major bank in a relevant interbank market for overnight deposits in the
applicable currency, such bank to be selected in good faith by the payer for the purpose of obtaining a representative rate that will reasonably reflect conditions prevailing at the time in that relevant market; 

(b) for purposes of Section 9(h)(i)(3)(B) and clause (a)(iii) of the definition of Applicable Close-out Rate, the rate certified by the relevant
payer to be a rate offered to prime banks by a major bank in a relevant interbank market for overnight deposits in the applicable currency, such bank to be selected in good faith by the payer after consultation with the other party, if practicable,
for the purpose of obtaining a representative rate that will reasonably reflect conditions prevailing at the time in that relevant market; and 

(c) for purposes of Section 9(h)(i)(3)(C) and clauses (a)(iv), (b)(i)(3) and (b)(ii)(1) of the definition of Applicable Close-out Rate, a rate equal
to the arithmetic mean of the rate determined pursuant to clause (a) above and a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the
relevant amount. 
 “Automatic Early Termination” has the meaning specified in Section 6(a). 

“Burdened Party” has the meaning specified in Section 5(b)(iv). 
 “Change in Tax Law” means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of
any law) that occurs after the parties enter into the relevant Transaction. 
 “Close-out Amount” means, with respect to
each Terminated Transaction or each group of Terminated Transactions and a Determining Party, the amount of the losses or costs of the Determining Party that are or would be incurred under then prevailing circumstances (expressed as a positive
number) or gains of the Determining Party that are or would be realised under then prevailing circumstances (expressed as a negative number) in replacing, or in providing for the Determining Party the economic equivalent of, (a) the material
terms of that Terminated Transaction or group of Terminated Transactions, including the payments and deliveries by the parties under Section 2(a)(i) in respect of that Terminated Transaction or group of Terminated Transactions that would, but
for the occurrence of the relevant Early Termination Date, have been required after that date (assuming satisfaction of the conditions precedent in 

  

					
		  	22	  	ISDA®
2002

 
Section 2(a)(iii)) and (b) the option rights of the parties in respect of that Terminated Transaction or group of Terminated Transactions. 

Any Close-out Amount will be determined by the Determining Party (or its agent), which will act in good faith and use commercially reasonable procedures
in order to produce a commercially reasonable result. The Determining Party may determine a Close-out Amount for any group of Terminated Transactions or any individual Terminated Transaction but, in the aggregate, for not less than all Terminated
Transactions. Each Close-out Amount will be determined as of the Early Termination Date or, if that would not be commercially reasonable, as of the date or dates following the Early Termination Date as would be commercially reasonable. 

Unpaid Amounts in respect of a Terminated Transaction or group of Terminated Transactions and legal fees and out-of-pocket expenses referred to in
Section 11 are to be excluded in all determinations of Close-out Amounts. In determining a Close-out Amount, the Determining Party may consider any relevant information, including, without limitation, one or more of the following types of
information: — 
 (i) quotations (either firm or indicative) for replacement transactions supplied by one or more third parties that may
take into account the creditworthiness of the Determining Party at the time the quotation is provided and the terms of any relevant documentation, including credit support documentation, between the Determining Party and the third party providing
the quotation; 
 (ii) information consisting of relevant market data in the relevant market supplied by one or more third parties including,
without limitation, relevant rates, prices, yields, yield curves, volatilities, spreads, correlations or other relevant market data in the relevant market; or 
 (iii) information of the types described in clause (i) or (ii) above from internal sources (including any of the Determining Party’s Affiliates) if that information is of the same type used
by the Determining Party in the regular course of its business for the valuation of similar transactions. 
 The Determining Party will
consider, taking into account the standards and procedures described in this definition, quotations pursuant to clause (i) above or relevant market data pursuant to clause (ii) above unless the Determining Party reasonably believes in good
faith that such quotations or relevant market data are not readily available or would produce a result that would not satisfy those standards. When considering information described in clause (i), (ii) or (iii) above, the Determining Party
may include costs of funding, to the extent costs of funding are not and would not be a component of the other information being utilised. Third parties supplying quotations pursuant to clause (i) above or market data pursuant to clause
(ii) above may include, without limitation, dealers in the relevant markets, end-users of the relevant product, information vendors, brokers and other sources of market information. 
 Without duplication of amounts calculated based on information described in clause (i), (ii) or (iii) above, or other relevant information, and when it is commercially reasonable to do so, the
Determining Party may in addition consider in calculating a Close-out Amount any loss or cost incurred in connection with its terminating, liquidating or re-establishing any hedge related to a Terminated Transaction or group of Terminated
Transactions (or any gain resulting from any of them). 
 Commercially reasonable procedures used in determining a Close-out Amount may include
the following:— 
 (1) application to relevant market data from third parties pursuant to clause (ii) above or information from
internal sources pursuant to clause (iii) above of pricing or other valuation models that are, at the time of the determination of the Close-out Amount, used by the Determining Party in the regular course of its business in pricing or valuing
transactions between the Determining Party and unrelated third parties that are similar to the Terminated Transaction or group of Terminated Transactions; and 

  

					
		  	23	  	ISDA®
2002

 (2) application of different valuation methods to Terminated Transactions or groups of Terminated
Transactions depending on the type, complexity, size or number of the Terminated Transactions or group of Terminated Transactions. 

“Confirmation” has the meaning specified in the preamble. 
 “consent” includes a consent, approval, action, authorisation, exemption, notice, filing, registration or exchange control consent. 

“Contractual Currency” has the meaning specified in Section 8(a). 
 “Convention Court” means any court which is bound to apply to the Proceedings either Article 17 of the 1968 Brussels Convention on Jurisdiction and the Enforcement of Judgments in
Civil and Commercial Matters or Article 17 of the 1988 Lugano Convention on Jurisdiction and the Enforcement of Judgments in Civil and Commercial Matters. 
 “Credit Event Upon Merger” has the meaning specified in Section 5(b). 

“Credit Support Document” means any agreement or instrument that is specified as such in this Agreement. 

“Credit Support Provider” has the meaning specified in the Schedule. 
 “Cross-Default” means the event specified in Section 5(a)(vi). 

“Default Rate” means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as
certified by it) if it were to fund or of funding the relevant amount plus 1% per annum. 
 “Defaulting Party” has
the meaning specified in Section 6(a). 
 “Designated Event” has the meaning specified in Section 5(b)(v).

 “Determining Party” means the party determining a Close-out Amount. 

“Early Termination Amount” has the meaning specified in Section 6(e). 

“Early Termination Date” means the date determined in accordance with Section 6(a) or 6(b)(iv). 

“electronic messages” does not include e-mails but does include documents expressed in markup languages, and
“electronic messaging system” will be construed accordingly. 
 “English law” means the law of
England and Wales, and “English” will be construed accordingly. 
 “Event of Default” has the
meaning specified in Section 5(a) and, if applicable, in the Schedule. 
 “Force Majeure Event” has the meaning
specified in Section 5(b). 
 “General Business Day” means a day on which commercial banks are open for general
business (including dealings in foreign exchange and foreign currency deposits). 
 “Illegality” has the meaning
specified in Section 5(b). 

  

					
		  	24	  	ISDA®
2002

 “Indemnifiable Tax” means any Tax other than a Tax that would not be imposed in
respect of a payment under this Agreement but for a present or former connection between the jurisdiction of the government or taxation authority imposing such Tax and the recipient of such payment or a person related to such recipient (including,
without limitation, a connection arising from such recipient or related person being or having been a citizen or resident of such jurisdiction, or being or having been organised, present or engaged in a trade or business in such jurisdiction, or
having or having had a permanent establishment or fixed place of business in such jurisdiction, but excluding a connection arising solely from such recipient or related person having executed, delivered, performed its obligations or received a
payment under, or enforced, this Agreement or a Credit Support Document). 
 “law” includes any treaty, law, rule or
regulation (as modified, in the case of tax matters, by the practice of any relevant governmental revenue authority), and “unlawful” will be construed accordingly. 
 “Local Business Day” means (a) in relation to any obligation under Section 2(a)(i), a General Business Day in the place or places specified in the relevant Confirmation
and a day on which a relevant settlement system is open or operating as specified in the relevant Confirmation or, if a place or a settlement system is not so specified, as otherwise agreed by the parties in writing or determined pursuant to
provisions contained, or incorporated by reference, in this Agreement, (b) for the purpose of determining when a Waiting Period expires, a General Business Day in the place where the event or circumstance that constitutes or gives rise to the
Illegality or Force Majeure Event, as the case may be, occurs, (c) in relation to any other payment, a General Business Day in the place where the relevant account is located and, if different, in the principal financial centre, if any, of the
currency of such payment and, if that currency does not have a single recognised principal financial centre, a day on which the settlement system necessary to accomplish such payment is open, (d) in relation to any notice or other
communication, including notice contemplated under Section 5(a)(i), a General Business Day (or a day that would have been a General Business Day but for the occurrence of an event or circumstance which would, if it occurred with respect to
payment, delivery or compliance related to a Transaction, constitute or give rise to an Illegality or a Force Majeure Event) in the place specified in the address for notice provided by the recipient and, in the case of a notice contemplated by
Section 2(b), in the place where the relevant new account is to be located and (e) in relation to Section 5(a)(v)(2), a General Business Day in the relevant locations for performance with respect to such Specified Transaction.

 “Local Delivery Day” means, for purposes of Sections 5(a)(i) and 5(d), a day on which settlement systems necessary to
accomplish the relevant delivery are generally open for business so that the delivery is capable of being accomplished in accordance with customary market practice, in the place specified in the relevant Confirmation or, if not so specified, in a
location as determined in accordance with customary market practice for the relevant delivery. 
 “Master Agreement” has
the meaning specified in the preamble. 
 “Merger Without Assumption” means the event specified in
Section 5(a)(viii). 
 “Multiple Transaction Payment Netting” has the meaning specified in Section 2(c).

 “Non-affected Party” means, so long as there is only one Affected Party, the other party. 

“Non-default Rate” means the rate certified by the Non-defaulting Party to be a rate offered to the Non-defaulting Party by a
major bank in a relevant interbank market for overnight deposits in the applicable currency, such bank to be selected in good faith by the Non-defaulting Party for the purpose of obtaining a representative rate that will reasonably reflect
conditions prevailing at the time in that relevant market. 
 “Non-defaulting Party” has the meaning specified in
Section 6(a).  
 “Office” means a branch or office of a party, which may be such party’s head
or home office. 
 “Other Amounts” has the meaning specified in Section 6(f). 

  

					
		  	25	  	ISDA®
2002

 “Payee” has the meaning specified in Section 6(f). 

“Payer” has the meaning specified in Section 6(f). 
 “Potential Event of Default” means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default. 

“Proceedings” has the meaning specified in Section 13(b). 
 “Process Agent” has the meaning specified in the Schedule. 

“rate of exchange” includes, without limitation, any premiums and costs of exchange payable in connection with the purchase of or
conversion into the Contractual Currency. 
 “Relevant Jurisdiction” means, with respect to a party, the jurisdictions
(a) in which the party is incorporated, organised, managed and controlled or considered to have its seat, (b) where an Office through which the party is acting for purposes of this Agreement is located, (c) in which the party executes
this Agreement and (d) in relation to any payment, from or through which such payment is made. 
 “Schedule” has
the meaning specified in the preamble. 
 “Scheduled Settlement Date” means a date on which a payment or delivery is to
be made under Section 2(a)(i) with respect to a Transaction. 
 “Specified Entity” has the meaning specified in the
Schedule. 
 “Specified Indebtedness” means, subject to the Schedule, any obligation (whether present or future,
contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money. 
 “Specified Transaction”
means, subject to the Schedule, (a) any transaction (including an agreement with respect to any such transaction) now existing or hereafter entered into between one party to this Agreement (or any Credit Support Provider of such party
or any applicable Specified Entity of such party) and the other party to this Agreement (or any Credit Support Provider of such other party or any applicable Specified Entity of such other party) which is not a Transaction under this Agreement but
(i) which is a rate swap transaction, swap option, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange
transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option, credit protection transaction, credit swap, credit default swap, credit default option, total
return swap, credit spread transaction, repurchase transaction, reverse repurchase transaction, buy/sell-back transaction, securities lending transaction, weather index transaction or forward purchase or sale of a security, commodity or other
financial instrument or interest (including any option with respect to any of these transactions) or (ii) which is a type of transaction that is similar to any transaction referred to in clause (i) above that is currently, or in the future
becomes, recurrently entered into in the financial markets (including terms and conditions incorporated by reference in such agreement) and which is a forward, swap, future, option or other derivative on one or more rates, currencies, commodities,
equity securities or other equity instruments, debt securities or other debt instruments, economic indices or measures of economic risk or value, or other benchmarks against which payments or deliveries are to be made, (b) any combination of
these transactions and (c) any other transaction identified as a Specified Transaction in this Agreement or the relevant confirmation. 

“Stamp Tax” means any stamp, registration, documentation or similar tax. 

“Stamp Tax Jurisdiction” has the meaning specified in Section 4(e). 

  

					
		  	26	  	ISDA®
2002

 “Tax” means any present or future tax, levy, impost, duty, charge, assessment or fee
of any nature (including interest, penalties and additions thereto) that is imposed by any government or other taxing authority in respect of any payment under this Agreement other than a stamp, registration, documentation or similar tax.

 “Tax Event” has the meaning specified in Section 5(b). 
 “Tax Event Upon Merger” has the meaning specified in Section 5(b). 

“Terminated Transactions” means, with respect to any Early Termination Date, (a) if resulting from an Illegality or a Force
Majeure Event, all Affected Transactions specified in the notice given pursuant to Section 6(b)(iv), (b) if resulting from any other Termination Event, all Affected Transactions and (c) if resulting from an Event of Default, all
Transactions in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination applies, immediately before that Early Termination Date. 

“Termination Currency” means (a) if a Termination Currency is specified in the Schedule and that currency is freely
available, that currency, and (b) otherwise, euro if this Agreement is expressed to be governed by English law or United States Dollars if this Agreement is expressed to be governed by the laws of the State of New York. 

“Termination Currency Equivalent” means, in respect of any amount denominated in the Termination Currency, such Termination
Currency amount and, in respect of any amount denominated in a currency other than the Termination Currency (the “Other Currency”), the amount in the Termination Currency determined by the party making the relevant determination as being
required to purchase such amount of such Other Currency as at the relevant Early Termination Date, or, if the relevant Close-out Amount is determined as of a later date, that later date, with the Termination Currency at the rate equal to the spot
exchange rate of the foreign exchange agent (selected as provided below) for the purchase of such Other Currency with the Termination Currency at or about 11:00 a.m. (in the city in which such foreign exchange agent is located) on such date as would
be customary for the determination of such a rate for the purchase of such Other Currency for value on the relevant Early Termination Date or that later date. The foreign exchange agent will, if only one party is obliged to make a determination
under Section 6(e), be selected in good faith by that party and otherwise will be agreed by the parties. 
 “Termination
Event” means an Illegality, a Force Majeure Event, a Tax Event, a Tax Event Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event. 

“Termination Rate” means a rate per annum equal to the arithmetic mean of the cost (without proof or evidence of any actual cost)
to each party (as certified by such party) if it were to fund or of funding such amounts. 
 “Threshold Amount” means
the amount, if any, specified as such in the Schedule. 
 “Transaction” has the meaning specified in the preamble.

 “Unpaid Amounts” owing to any party means, with respect to an Early Termination Date, the aggregate of (a) in
respect of all Terminated Transactions, the amounts that became payable (or that would have become payable but for Section 2(a)(iii) or due but for Section 5(d)) to such party under Section 2(a)(i) or 2(d)(i)(4) on or prior to such
Early Termination Date and which remain unpaid as at such Early Termination Date, (b) in respect of each Terminated Transaction, for each obligation under Section 2(a)(i) which was (or would have been but for Section 2(a)(iii) or
5(d)) required to be settled by delivery to such party on or prior to such Early Termination Date and which has not been so settled as at such Early Termination Date, an amount equal to the fair market value of that which was (or would have been)
required to be delivered and (c) if the Early Termination Date results from an Event of Default, a Credit Event Upon Merger or an Additional Termination Event in respect of which all outstanding Transactions are Affected Transactions, any Early
Termination Amount due prior to such Early Termination Date and which remains unpaid as of such Early Termination Date, in each case together with any amount of interest accrued or other 

  

					
		  	27	  	ISDA®
2002

 
compensation in respect of that obligation or deferred obligation, as the case may be, pursuant to Section 9(h)(ii)(1) or (2), as appropriate. The fair market value of any obligation
referred to in clause (b) above will be determined as of the originally scheduled date for delivery, in good faith and using commercially reasonable procedures, by the party obliged to make the determination under Section 6(e) or, if each
party is so obliged, it will be the average of the Termination Currency Equivalents of the fair market values so determined by both parties. 

“Waiting Period” means:— 
 (a) in respect of an event or circumstance under Section 5(b)(i), other than in the case of Section 5(b)(i)(2) where the relevant payment, delivery or compliance is actually required on the
relevant day (in which case no Waiting Period will apply), a period of three Local Business Days (or days that would have been Local Business Days but for the occurrence of that event or circumstance) following the occurrence of that event or
circumstance; and 
 (b) in respect of an event or circumstance under Section 5(b)(ii), other than in the case of Section 5(b)(ii)(2)
where the relevant payment, delivery or compliance is actually required on the relevant day (in which case no Waiting Period will apply), a period of eight Local Business Days (or days that would have been Local Business Days but for the occurrence
of that event or circumstance) following the occurrence of that event or circumstance. 
 IN WITNESS WHEREOF the parties have executed this
document on the respective dates specified below with effect from the date specified on the first page of this document. 
  

											
	Bank of America, N.A.	 		 	Heartland Payment Systems, Inc.
	(Name of Party)	 		 	(Name of Party)
						
	By:	 	/s/ Roger H. Heintzelman	 		 	By:	 		 	/s/ Charles H.N. Kallenbach
		 	Name: Roger H. Heintzelman	 		 		 		 	Name: Charles H.N. Kallenbach
		 	Title:   Director	 		 		 		 	Title:   Chief Legal Officer, General Counsel & Secretary

  

					
		  	28	  	ISDA®
2002

 ISDA® 
 International Swaps and Derivatives
Association, Inc. 
 SCHEDULE 
 to the 
 2002 Master Agreement 

dated as of December 30, 2010 
 between 
 BANK OF AMERICA, N.A., 

a national banking association organized and existing 
 under the laws of the United States of America 
 (“Party
A”), 
 and 
 HEARTLAND PAYMENT SYSTEMS, INC., 
 a corporation 

organized and existing under the laws of Delaware 
 (“Party B”) 
 Part 1 

Termination Provisions 
  

	(a)	“Specified Entity” means in relation to Party A for the purposes of Sections 5(a)(v), 5(a)(vi), 5(a)(vii) and 5(b)(v):

 None. 
 “Specified Entity” means in relation to Party B for the purposes of Sections 5(a)(v), 5(a)(vi), 5(a)(vii) and 5(b)(v): 

Any Affiliate of Party B. 
  

	(b)	“Specified Transaction” will have the meaning specified in Section 14 but shall also include any transaction with respect to margin loans,
cash loans and short sales of any financial instrument, and as amended by inserting the words, “or any Affiliate of Party A” immediately after “Agreement” in the second line thereof. 

 

	(c)	The “Cross-Default” provisions of Section 5(a)(vi): 

 will apply to Party A and 
 will apply to Party B. 

  
 29 

 In connection therewith, “Specified Indebtedness” will have the
meaning specified in Section 14, except that such term shall not include obligations in respect of deposits received in the ordinary course of a party’s banking business. 

“Threshold Amount” means with respect to Party A an amount equal to three percent (3%) of the
Shareholders’ Equity of Bank of America Corporation and with respect to Party B, $5,000,000. 
 With respect to
Party B, an Event of Default as defined in the Credit Agreement shall be an Event of Default under this Agreement. 

“Credit Agreement” means the Second Amended and Restated Credit Agreement dated as of November 24, 2010 by
and among HEARTLAND PAYMENT SYSTEMS, INC., the Lenders, party thereto from time to time, and JPMORGAN CHASE BANK, N.A. (as amended, extended, supplemented or otherwise modified in writing from time to time). 

“Shareholders’ Equity” means with respect to any entity, at any time, the sum (as
shown in the most recent annual audited financial statements of such entity) of (i) its capital stock (including preferred stock) outstanding, taken at par value, (ii) its capital surplus and (iii) its retained earnings, minus
(iv) treasury stock, each to be determined in accordance with generally accepted accounting principles. 
  

	(d)	The “Credit Event Upon Merger” provisions of Section 5(b)(v): 

will apply to Party A and 
 will apply to Party B. 
  

	(e)	The “Automatic Early Termination” provision of Section 6(a): will not apply to Party A and will not apply to Party B.

  

	(f)	“Termination Currency” means United States Dollars. 

 

	(g)	Additional Termination Event will apply. 

 It shall be an Additional Termination Event, with respect to which Party B shall be the sole Affected Party, if for any reason (other than Party A unilaterally electing to exit the Credit Agreement)
either Party A’s obligation to lend under the Credit Agreement is terminated or Party A ceases to be a party to the Credit Agreement. 
 It shall be an Additional Termination Event, with respect to which Party B shall be the sole Affected Party, if (i) Party A ceases to be a Secured Party under the Credit Agreement, (ii) if
the guarantee obligations of the loan parties under the Credit Agreement do not extend to the obligations of Party B hereunder, (iii) all or substantially all of the collateral under the Credit Agreement and related loan documents is
released without the prior written consent of Party A or (iv) the obligations and liabilities of Party B hereunder fail to be senior secured, pari passu and equal in right and priority of payment with the Loans under the Credit
Agreement. 

  
 30 

 Part 2 
 Tax Representations 
  

	(a)	Payer Tax Representations. For the purpose of Section 3(e) of this Agreement, Party A and Party B will make the following representation:

 It is not required by any applicable law, as modified by the practice of any relevant governmental revenue
authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 9(h) of this Agreement) to be made by it to the other party under this Agreement. In
making this representation, it may rely on (i) the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement, (ii) the satisfaction of the agreement contained in Section 4(a)(i) or
4(a)(iii) of this Agreement and the accuracy and effectiveness of any document provided by the other party pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement and (iii) the satisfaction of the agreement of the other party contained
in Section 4(d) of this Agreement, except that it will not be a breach of this representation where reliance is placed on clause (ii) above and the other party does not deliver a form or document under Section 4(a)(iii) by reason of
material prejudice to its legal or commercial position. 
  

	(b)	Payee Tax Representations. For the purpose of Section 3(f) of this Agreement, Party A and Party B will make the following representations
specified below, if any: 

  

	 	(i)	The following representations will apply to Party A: 

 Party A is a national banking association created or organized under the laws of the United States of America and its federal taxpayer identification number is 94-1687665. 

 

	 	(ii)	The following representations will apply to Party B: 

 Party B is a corporation created or organized under the laws of the State of Delaware and its federal taxpayer identification number is 22-3755714. 

Part 3 

Agreement to Deliver Documents 
 For the purpose of Section 4(a)(i) and (ii) of this Agreement, each party agrees to deliver the following documents: 

 

	(a)	Other documents to be delivered are: 

  

							
	 Party

required
 to deliver

document
	  	 Form/Document/Certificate
	  	 Date by which to be delivered
	  	Covered by
Section 3(d)
Representation
	Party A and Party B	  	Credit Support Document, if any, specified in Part 4 of the Schedule, such Credit Support Document being duly executed if required.	  	Upon execution and delivery of this Agreement.	  	No

  
 31 

							
	 Party

required
 to deliver

document
	  	 Form/Document/Certificate
	  	 Date by which to be delivered
	  	Covered by
Section 3(d)
Representation
	Party A and Party B	  	Certified copies of all corporate authorizations and any other documents with respect to the execution, delivery and performance of this Agreement and any Credit Support
Document.	  	Upon execution and delivery of this Agreement.	  	Yes
				
	Party A and Party B	  	Certificate of authority and specimen signatures of individuals executing this Agreement and any Credit Support Document.	  	Upon execution and delivery of this Agreement and thereafter upon request of the other party.	  	Yes
				
	Party A	  	Annual Report of Bank of America Corporation containing audited, consolidated financial statements certified by independent certified public accountants and prepared in accordance
with generally accepted accounting principles in the country in which such party is organized.	  	To be made available on www.bankofamerica.com/investor/ as soon as available and in any event within 90 days after the end of each fiscal year of Party A.	  	Yes
				
	Party A	  	Quarterly Financial Statements of Bank of America Corporation containing unaudited, consolidated financial statements of such party’s fiscal quarter prepared in accordance with
generally accepted accounting principles in the country in which such party is organized.	  	To be made available on www.bankofamerica.com/investor/ as soon as available and in any event within 45 days after the end of each fiscal quarter of Party A.	  	Yes
				
	Party B	  	Financials as required under the Credit Agreement	  	As required under the Credit Agreement	  	Yes

  
 32 

 Part 4 
 Miscellaneous 
  

	(a)	Address for Notices. For the purpose of Section 12(a) of this Agreement: 

Address for notices or communications to Party A: 
 Bank of America, N.A. 
 Willis Tower 

233 South Wacker Drive, Suite 2800 
 Chicago, IL 60606 
 United States 

Attention:          Swap Operations 

Telephone No.: (312) 234-2732 
 Facsimile No.:  (866) 255-1444 
 with a copy to: 

Bank of America, N.A. 
 50 Rockefeller Plaza, NY1-050-10-01 
 New York, New York 10020 

Attention:         Client Integration & Documentation 

Facsimile No.:  212-548-8622 
 Address for financial statements to Party A: 
 Bank of America, N.A.

 3670 Route 9 S 
 Freehold, NJ 07728 
 Attention: Laura McAulay 

Address for notices or communications to Party B: 
 Heartland Payment Systems, Inc. 
 90 Nassau Street 

Princeton, NJ 

Attention: Robert Baldwin & Joseph E. White 
 Telephone No.: 609-683-3831 x 200 & 609-806-6530 
 Facsimile No.:
877-850-4798 
 Email: robert.baldwin@e-hps.com & joe.white@e-hps.com 

 

	(b)	Process Agent. For the purpose of Section 13(c): 

 Party A appoints as its Process Agent: Not Applicable. 
 Party B appoints
as its Process Agent: Not Applicable. 
  

	(c)	Offices. The provisions of Section 10(a) will apply to this Agreement. 

 

	(d)	Multibranch Party. For the purpose of Section 10(b) of this Agreement: 

  
 33 

 Party A is a Multibranch Party and may act through its Charlotte, North Carolina,
Chicago, Illinois, San Francisco, California, New York, New York, Boston, Massachusetts or London, England Office or such other Office as may be agreed to by the parties in connection with a Transaction. 

Party B is not a Multibranch Party. 
  

	(e)	Calculation Agent. The Calculation Agent is Party A. 

  

	(f)	Credit Support Document. Details of any Credit Support Document: 

 Each of the following, as amended, extended, supplemented or otherwise modified in writing from time to time, is a “Credit Support Document”: 

In relation to Party B, the applicable Collateral Documents and Guaranties, each term as defined in the Credit Agreement. 

Party B agrees that the security interests in collateral granted to Party A under the foregoing Credit Support Documents shall
secure the obligations of Party B to Party A under this Agreement. 
  

	(g)	Credit Support Provider. 

 Credit Support Provider means in relation to Party A: Not Applicable. 
 Credit
Support Provider means in relation to Party B: Guarantors, as defined in the Credit Agreement. 
  

	(h)	Governing Law; Jurisdiction. This Agreement and any and all controversies arising out of or in relation to this Agreement shall be governed by and
construed in accordance with the laws of the State of New York (without reference to its conflict of laws doctrine). 

 Section 13 is amended by (i) deleting in Section 13(b)(i)(2) the word “non-exclusive” and replacing it with “exclusive” and (ii) deleting Section 13(b)(iii) in
its entirety. 
  

	(i)	Netting of Payments. Unless the parties otherwise so agree, “Multiple Transaction Payment Netting” will apply for the purpose of
Section 2(c) of this Agreement to all Transactions, starting as of the date of this Agreement. 

  

	(j)	“Affiliate” will have the meaning specified in Section 14 of this Agreement. 

 

	(k)	Absence of Litigation. For the purpose of Section 3(c): 

 “Specified Entity” means in relation to Party A, none; 

“Specified Entity” means in relation to Party B, any Affiliate of Party B. 

 

	(l)	No Agency. The provisions of Section 3(g) will apply to this Agreement. 

 

	(m)	Additional Representation will apply. For the purpose of Section 3 of this Agreement, each of the following will constitute an Additional
Representation, which will be made by the party indicated below at the times specified below: 

  
 34 

	 	(i)	Mutual Representations. Each party makes the following representations to the other party (which representations will be deemed to be repeated by each
party on each date on which a Transaction is entered into): 

  

	 	(A)	Relationship Between Parties. Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a
written agreement between the parties that expressly imposes affirmative obligations to the contrary for that Transaction): 

  

	 	(1)	Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that Transaction and as to whether that
Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a
recommendation to enter into that Transaction, it being understood that information and explanations related to the terms and conditions of a Transaction shall not be considered investment advice or a recommendation to enter into that Transaction.
No communication (written or oral) received from the other party will be deemed to be an assurance or guarantee as to the expected results of that Transaction. 

 

	 	(2)	Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice),
and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction. 

 

	 	(3)	Status of Parties. The other party is not acting as a fiduciary for or an advisor to it in respect of that Transaction. 

 

	 	(B)	Eligible Contract Participant. It is an “eligible contract participant” as defined in Section 1a(12) of the U.S. Commodity Exchange Act, 7
U.S.C. Section 1a(12). 

  

	(n)	Recording of Conversations. Each party to this Agreement acknowledges and agrees to the recording of conversations between trading and marketing personnel
of the parties to this Agreement whether by one or the other or both of the parties or their agents. 

 Part 5

 Other Provisions 
  

	(a)	Financial Statements. Section 3(d) is hereby amended by adding in the third line thereof after the word “respect” and before the period:

 “or, in the case of financial statements, a fair presentation of the financial condition of the relevant
party”. 
  

	(b)	 2002 Master Agreement Protocol. Annexes 1 to 18 and Section 6 of the ISDA 2002 Master Agreement Protocol as published by the
International Swaps and Derivatives Association, Inc. on July 15, 2003 are incorporated into and apply to this Agreement. 

  
 35 

	 	 
References in those definitions and provisions to any ISDA Master Agreement will be deemed to be references to this Master Agreement. 

 

	(c)	Consent to Disclosure. (i) Party B consents to Party A effecting such disclosure as Party A may deem appropriate to enable Party A to
transfer Party B’s records and information to process and execute Party B’s instructions to any of its Affiliates. For the avoidance of doubt, Party B’s consent to disclosure includes the right on the part of
Party A to allow access to any intended recipient of Party B’s information, to the records of Party A by any means and (ii) Party B further consents to Party A delivering this ISDA Master Agreement, any Credit
Support Document and any Confirmations to one or more third party financial institutions for the purposes of Party A entering into an agreement with such institution for the purposes of managing Party A’s risk to Party B in any
of the obligations of Party B to Party A under this Agreement, provided however, that any such agreement will not result in the modification of Party A’s obligations under this Agreement. 

 

	(d)	Set-off. Section 6(f) is hereby amended by inserting in the sixth line thereof the words “or any affiliates of the Payee in circumstances where
the Payee is the Non-defaulting Party or Non-Affected Party” following the words “payable by the Payee”. 

  

	(e)	WAIVER OF RIGHT TO TRIAL BY JURY. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS TO TRIAL BY JURY WITH RESPECT TO ANY LEGAL PROCEEDING ARISING
OUT OF OR RELATING TO THIS AGREEMENT, ANY CREDIT SUPPORT DOCUMENT OR ANY TRANSACTION CONTEMPLATED HEREBY. 

  

	(f)	Method of Notice. Section 12(a)(ii) of the Master Agreement is deleted in its entirety. 

 

	(g)	Safe Harbors. Each party to this Agreement acknowledges that: 

 

	 	(i)	This Agreement, including any Credit Support Document, is a “master netting agreement” as defined in the U.S. Bankruptcy Code (the
“Code”), and a “netting contract” as defined in the netting provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991 (“FDICIA”), and this Agreement, including any
Credit Support Document, and each Transaction hereunder is of a type set forth in Section 561(a)(1)-(5) of the Code; 

  

	 	(ii)	Party A is a “master netting agreement participant,” a “financial institution,” a “financial participant,” a “forward contract
merchant” and a “swap participant” as defined in the Code, and a “financial institution” as defined in the netting provisions of FDICIA; 

 

	 	(iii)	The remedies provided herein, and in any Credit Support Document, are the remedies referred to in Section 561(a), Sections 362(b)(6), (7), (17) and (27),
and Section 362(o) of the Code, and in Section 11(e)(8)(A) and (C) of the Federal Deposit Insurance Act; 

  

	 	(iv)	All transfers of cash, securities or other property under or in connection with this Agreement, any Credit Support Document or any Transaction hereunder are
“margin payments,” “settlement payments” and “transfers” under Sections 546(e), (f), (g) or (j), and under Section 548(d)(2) of the Code; and 

  
 36 

	 	(v)	Each obligation under this Agreement, any Credit Support Document or any Transaction hereunder is an obligation to make a “margin payment,” “settlement
payment” and “payment” within the meaning of Sections 362, 560 and 561 of the Code. 

  

	(h)	Incorporation by Reference of Terms of Credit Agreement. The covenants, terms and provisions of, including all representations and warranties of
Party B contained in the Credit Agreement (as amended from time to time), are hereby incorporated by reference in, and made part of, this Agreement to the same extent as if such covenants, terms, and provisions were set forth in full herein.
Party B hereby agrees that, during the period commencing with the date of this Agreement through and including such date on which all of Party B’s obligations under this Agreement are fully performed, Party B will
(i) observe, perform, and fulfill each and every such covenant, term, and provision applicable to Party B, as such covenants, terms, and provisions, may be amended from time to time after the date of this Agreement with the consent of
Party A and (ii) deliver to Party A at the address for notices to Party A provided in Part 4 each notice, document, certificate or other writing as Party B is obligated to furnish to any other party to the Credit
Agreement. In the event the Credit Agreement terminates or becomes no longer binding on Party B prior to the termination of this Agreement, such covenants, terms, and provisions (other than those requiring payments in respect of amounts owed
under the Credit Agreement) will remain in force and effect for purposes of this Agreement as though set forth in full herein until the date on which all of Party B’s obligations under this Agreement are fully performed, and this Agreement
is terminated. 

  

	(i)	Swap Agreement. Party B represents to Party A (which representation will be deemed to be repeated by Party B on each date on which a
Transaction is entered into) that this Agreement is a Swap Agreement as defined in the Credit Agreement. 

 Part
6 
 Additional Terms for Foreign Exchange and Foreign Exchange Option Transactions 

 

	(a)	Incorporation of Definitions. The 1998 FX and Currency Option Definitions (the “FX Definitions”), published by the International
Swaps and Derivatives Association, Inc., the Emerging Markets Traders Association and The Foreign Exchange Committee, are hereby incorporated by reference with respect to FX Transactions (as defined in the FX Definitions) and Currency Option
Transactions (as defined in the FX Definitions). Terms defined in the FX Definitions shall have the same meanings in this Part 6. 

  

	(b)	Scope. Unless otherwise agreed in writing by the parties, each FX Transaction and Currency Option Transaction entered into between the parties before, on
or after the date of this Agreement shall be a Transaction under this Agreement and shall be part of, subject to and governed by this Agreement. FX Transactions and Currency Option Transactions shall be part of, subject to and governed by this
Agreement even if the Confirmation in respect thereof does not state that such FX Transaction or Currency Option Transaction is subject to or governed by this Agreement or does not otherwise reference this Agreement. 

When an FX Transaction or a Currency Option is confirmed by means of exchange of electronic messages on an electronic messaging system or
other document or other confirming evidence exchanged between the parties confirming such Transaction, such messages, document or evidence will constitute a Confirmation for the purposes of this Agreement even where not so specified therein.

  
 37 

	(c)	Premium Netting. If, on any date, and unless otherwise mutually agreed by the parties, Premiums would otherwise be payable hereunder in the same Currency
between the same respective offices of the parties, then, on such date, each party’s obligation to make payment of such Premiums will be automatically satisfied and discharged and, if the aggregate Premiums that would otherwise have been
payable by such office of one party exceeds the aggregate Premiums that would otherwise have been payable by such office of the other party, replaced by an obligation upon the party by whom the larger aggregate Premiums would have been payable to
pay the other party the excess of the larger aggregate Premiums over the smaller aggregate Premiums, and if the aggregate Premiums are equal, no payment shall be made. 

 

	(d)	Potential Event of Default. Subject to Section 2(a)(iii) of the Agreement, if an Event of Default or Potential Event of Default has occurred and is
continuing, and an Early Termination Date has not been designated by the Non-defaulting Party, the Non-defaulting Party may, by written notice, specify that any or all Currency Options being settled while such Event of Default or Potential Event of
Default is continuing shall be settled in accordance with Article 3, Section 3.7 of the FX Definitions and upon such notice becoming effective, the parties shall be deemed to have elected to have the specified Currency Options settle at
the In-the-Money Amount unless and until the Event of Default or Potential Event of Default is no longer continuing. 

  

	(e)	Payment Instructions. All payments to be made hereunder in respect of FX and Currency Option Transactions shall be made in accordance with standing
payment instructions provided by the parties from time to time in writing (or as otherwise specified in a Confirmation). 

  

	(f)	Notice of Exercise. Article 3, Section 3.5(g) of the FX Definitions is amended by the deletion of the word “facsimile,” in the fourth
line thereof. 

  

	(g)	Automatic Exercise. Article 3, Section 3.6(c)(i), line six of the FX Definitions which currently reads “one percent of the Strike
Price” shall be amended to read “0.5% of the Strike Price.” 

  

	(h)	Terms Relating to Premium. Article 3, Section 3.4 of the FX Definitions is hereby amended by the addition of the following as a new
paragraph (c) of the FX Definitions. 

 “(c) Premium: Failure to Pay on Premium Payment Date. If
any Premium is not received on the Premium Payment Date, the Seller may elect: (i) to accept a late payment of such Premium; (ii) to give written notice of such non- payment and, if such payment shall not be received within two (2)
Local Business Days of such notice, treat the related Currency Option as void; or (iii) to give written notice of such non-payment and, if such payment shall not be received within two (2) Local Business Days of such notice, treat such
non-payment as an Event of Default under Section 5(a)(i). If the Seller elects to act under either clause (i) or (ii) of the preceding sentence, the Buyer shall pay all out-of-pocket costs and actual damages incurred in connection
with such unpaid or late Premium or void Currency Option, including, without limitation, interest on such Premium in the same currency as such Premium at the then prevailing market rate and any other costs or expenses incurred by the Seller in
covering its obligations (including, without limitation, a delta hedge) with respect to such Currency Option.” 

  
 38 

 IN WITNESS WHEREOF, the parties have executed this Schedule by their duly authorized officers as of
the date hereof. 
  

					
	BANK OF AMERICA, N.A.	 		 	HEARTLAND PAYMENT SYSTEMS, INC.
			
	/s/ Roger H. Heintzelman	 		 	/s/ Charles H.N. Kallenbach
	Name: Roger H. Heintzelman	 		 	Name: Charles H.N. Kallenbach
	Title: Director	 		 	Title: Chief Legal Officer, General Counsel & Secretary

  
 39Mortgage and Security Agreement

 Exhibit 10.68 
 Execution Copy 
 HEARTLAND PAYMENT SYSTEMS, INC., 

a Delaware corporation, as mortgagor 
 (Borrower) 
 to 

JPMORGAN CHASE BANK, N.A., 
 a national banking association, as mortgagee 
 (the Administrative Agent)

 MORTGAGE AND 
 SECURITY AGREEMENT 
 Dated: January 20, 2011 

PREPARED BY AND UPON 
 RECORDATION RETURN TO: 
 Keith D. Mull 

MULL & HEINZ, LLC 
 2867 Charlestown Road 
 New Albany, Indiana 47150 

(812) 206-2315 

 MORTGAGE AND SECURITY AGREEMENT  

THIS MORTGAGE AND SECURITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Security
Instrument”) dated as of January 20, 2011, by HEARTLAND PAYMENT SYSTEMS, INC., a Delaware corporation, having an address at 90 Nassau Street, Princeton, NJ 08542, as mortgagor (the “Borrower”), for the benefit of
JPMORGAN CHASE BANK, N.A., a national banking association, having an address at 700 North Pearl Street, Suite 705, Dallas, Texas 75201, in its capacity as administrative agent and mortgagee (in such capacity, together with its successors and
assigns, the “Administrative Agent”) for the Lenders and the other Secured Parties defined in the Credit Agreement referred to below. 
 WITNESSETH: 
 WHEREAS, the Borrower, the Administrative Agent and the Lenders are
party to that certain Second Amended and Restated Credit Agreement dated as of November 24, 2010 (as the same may be further amended, restated, refinanced, supplemented or otherwise modified from time to time, the “Credit
Agreement”; capitalized terms used but not otherwise defined herein shall have the meaning assigned to them in the Credit Agreement); 
 WHEREAS, the Borrower is entering into this Security Instrument as a condition to the Lenders entering into the Credit Agreement and to secure the Obligations (as defined in the Credit Agreement); and

 WHEREAS, this Security Instrument is given pursuant to the Credit Agreement, and payment, fulfillment, and performance by the
Borrower of the Obligations are secured hereby, and each and every term and provision of the Credit Agreement, including the rights, remedies, obligations, covenants, conditions, agreements, indemnities, representations and warranties of the parties
therein, are hereby incorporated by reference herein as though set forth in full and shall be considered a part of this Security Instrument. 
 NOW THEREFORE, in consideration of the ongoing support of the Loans by the Lenders and the other financial accommodations extended by the Secured Parties to the Borrower and the covenants, agreements,
representations and warranties set forth in this Security Instrument: 
 Article 1 - GRANTS OF SECURITY 

Section 1.1 PROPERTY MORTGAGED. The Borrower does hereby irrevocably mortgage, grant, bargain, sell, pledge, assign, warrant,
transfer and convey to the Administrative Agent and its successors and assigns all of the Borrower’s right, title and interest in, to and under the following property, rights, interests and estates now owned, or hereafter acquired by Borrower
(collectively, the “Property”): 
 (a) Land. All of the Borrower’s right, title, interest,
privileges and options pertaining to the property described on Exhibit A hereto (such right, title, interest, privilege and options in such property are referred to herein as the “Land”); 

  
 -2-

 (b) Additional Land. All additional lands, estates and development rights hereafter
acquired by Borrower for use in connection with the Land and the development of the Land and all additional lands and estates therein which may, from time to time, by supplemental mortgage or otherwise be expressly made subject to the lien of this
Security Instrument; 
 (c) Improvements. All right, title and interest of the Borrower in the buildings, structures,
fixtures, additions, enlargements, extensions, modifications, repairs, replacements and improvements now or hereafter erected or located on the Land (collectively, the “Improvements”); 

(d) Easements. All right, title and interest of the Borrower in all easements, rights-of- way or use, rights, strips and gores of
land, streets, ways, alleys, passages, sewer rights, water, water courses, water rights and powers, air rights and development rights, and all estates, rights, titles, interests, privileges, liberties, servitudes, tenements, hereditaments and
appurtenances of any nature whatsoever, in any way now or hereafter belonging, relating or pertaining to the Land and the Improvements and the reversion and reversions, remainder and remainders, and all land lying in the bed of any street, road or
avenue, opened or proposed, in front of or adjoining the Land, to the center line thereof and all the estates, rights, titles, interests, dower and rights of dower, curtesy and rights of curtesy, property, possession, claim and demand whatsoever,
both at law and in equity, of the Borrower of, in and to the Land and the Improvements and every part and parcel thereof; with the appurtenances thereto; 
 (e) Equipment. All “equipment,” as such term is defined in Article 9 of the Uniform Commercial Code (as hereinafter defined), now owned or hereafter acquired by the Borrower, which is
used at or in connection with the Improvements or the Land or is located thereon or therein (including, but not limited to, all machinery, equipment, furnishings, and electronic data- processing and other office equipment now owned or hereafter
acquired by the Borrower and any and all additions, substitutions and replacements of any of the foregoing), together with all attachments, components, parts, equipment and accessories installed thereon or affixed thereto (collectively, the
“Equipment”); 
 (f) Fixtures. All the Equipment now owned, or the ownership of which is hereafter
acquired, by the Borrower which is so related to the Land and the Improvements forming part of the Property that it is deemed fixtures or real property under the law of the particular state in which the Equipment is located, including, without
limitation, all building or construction materials intended for construction, reconstruction, alteration or repair of or installation on the Property, construction equipment, appliances, machinery, plant equipment, fittings, apparatuses, fixtures
and other items now or hereafter attached to, installed in or used in connection with (temporarily or permanently) any of the Improvements or the Land, including, but not limited to, engines, devices for the operation of pumps, pipes, plumbing,
cleaning, call and sprinkler systems, fire extinguishing apparatuses and equipment, heating, ventilating, plumbing, laundry, incinerating, electrical, air conditioning and air cooling equipment and systems, gas and electric machinery, appurtenances
and equipment, pollution control equipment, security systems, disposals, dishwashers, refrigerators and ranges, recreational equipment and facilities of all kinds, and water, gas, electrical, storm and sanitary sewer facilities, utility lines and
equipment (whether owned individually or jointly with others, and, if owned jointly, to the extent of the Borrower’s interest therein) and all other utilities whether or not situated in easements, all water

  
 -3-

 
tanks, water supply, water power sites, fuel stations, fuel tanks, fuel supply, and all other structures, together with all accessions, appurtenances, additions, replacements, betterments and
substitutions for any of the foregoing and the proceeds thereof (collectively, the “Fixtures”); 
 (g)
Personal Property. All furniture, furnishings, objects of art, machinery, goods, tools, supplies, appliances, general intangibles, contract rights, accounts, accounts receivable, franchises, licenses, certificates and permits, and all other
personal property of any kind or character whatsoever (as defined in and subject to the provisions of the Uniform Commercial Code) (including, but not limited to, intercom and paging equipment, electric and electronic equipment, dictating equipment,
private telephone systems, medical equipment, potted plants, heating, lighting and plumbing fixtures, fire prevention and extinguishing apparatus, cooling and air-conditioning systems, elevators, escalators, fittings, plants, apparatus, stoves,
ranges, refrigerators, laundry machines, tools, machinery, engines, dynamos, motors, boilers, incinerators, switchboards, conduits, compressors, vacuum cleaning systems, floor cleaning, waxing and polishing equipment, call systems, brackets,
electrical signs, bulbs, bells, ash and fuel, conveyors, cabinets, lockers, shelving, spotlighting equipment, dishwashers, garbage disposals, washers and dryers), other than Fixtures, which are now or hereafter owned by the Borrower and which are
located within or about the Land and the Improvements, together with all accessories, replacements and substitutions thereto or therefor and the proceeds thereof (collectively, the “Personal Property”), and the right, title and
interest of the Borrower in and to any of the Personal Property which may be subject to any security interests, as defined in the Uniform Commercial Code, as adopted and enacted by the state or states where any of the Property is located (the
“Uniform Commercial Code”), superior in lien to the lien of this Security Instrument and all proceeds and products of the above; 
 (h) Leases and Rents. All leases, subleases or subsubleases, lettings, licenses, concessions or other agreements (whether written or oral and whether now or hereafter in effect) pursuant to which
any Person is granted a possessory interest in, or right to use or occupy all or any portion of any space in any Property of the Borrower, and every modification, amendment or other agreement relating to such lease, sublease, subsublease, or other
agreement entered into in connection with such lease, sublease, subsublease, or other agreement and every guarantee of the performance and observance of the covenants, conditions and agreements to be performed and observed by the other party thereto
(collectively, the “Leases”), whether before or after the filing by or against the Borrower of any petition for relief under 11 U.S.C. §101 et seq., as the same may be amended from time to time (the “Bankruptcy
Code”) and all right, title and interest of the Borrower, its successors and assigns therein and thereunder, including, without limitation, cash or securities deposited thereunder to secure the performance by the lessees of their
obligations thereunder and all rents, rent equivalents, moneys payable as damages or in lieu of rent or rent equivalents, royalties (including all oil and gas or other mineral royalties and bonuses), income, receivables, receipts, revenues, deposits
(including security, utility and other deposits), accounts, cash, issues, profits, gross revenues, and other consideration of whatever form or nature received by or paid to or for the account of or benefit of the Borrower from any and all sources
arising from or attributable to the Property (collectively, the “Rents”) and all proceeds from the sale or other disposition of the Leases and the right to receive and apply the Rents to the payment of the Obligations; 

  
 -4-

 (i) Condemnation Awards. All right, title and interest of the Borrower in and to all
awards or payments, including interest thereon, which may heretofore and hereafter be made with respect to the Property, whether from the exercise of the right of eminent domain (including but not limited to any transfer made in lieu of or in
anticipation of the exercise of the right), or for a change of grade, or for any other injury to or decrease in the value of the Property; 
 (j) Insurance Proceeds. All right, title and interest of the Borrower in and to all proceeds in respect of the Property under any insurance policies covering the Property, including, without
limitation, the right to receive and apply the proceeds of any insurance, judgments, or settlements made in lieu thereof, for damage to the Property; 
 (k) Tax Certiorari. All right, title and interest of the Borrower in and to all refunds, rebates or credits in connection with reduction in real estate taxes and assessments charged against the
Property as a result of tax certiorari or any applications or proceedings for reduction; 
 (1) Rights. The right, in the
name and on behalf of the Borrower, to appear in and defend any action or proceeding brought with respect to the Land, Improvements, Fixtures and Equipment and to commence any action or proceeding to protect the interest of the Administrative Agent
in the Land, Improvements, Fixtures or Equipment; 
 (m) Agreements. To the extent assignable, all right, title and
interest of the Borrower in and to all agreements, contracts, certificates, instruments, franchises, permits, licenses, plans, specifications and other documents, now or hereafter entered into, and all rights therein and thereto, respecting or
pertaining to the use, occupation, construction, management or operation of the Land and any part thereof and any Improvements or respecting any business or activity conducted on the Land and any part thereof and all right, title and interest of the
Borrower therein and thereunder, including, without limitation, the right, upon the occurrence and during the continuance of any Event of Default hereunder, to receive and collect any sums payable to the Borrower thereunder; 

(n) Trademarks. To the extent assignable, all right, title and interest of the Borrower in and to all tradenames, trademarks,
servicemarks, logos, copyrights, goodwill, books and records and all other general intangibles relating to or used in connection with the operation of the Property; 
 (o) Proceeds. All proceeds of any of the foregoing, including, without limitation, proceeds of insurance and condemnation awards, whether cash, liquidation or other claims or otherwise; 

(p) Accounts. All reserves, escrows and deposit accounts maintained by the Borrower with respect to the Property; together with
all deposits or wire transfers made to such accounts and all cash, checks, drafts, certificates, securities, investment property, financial assets, instruments and other property held therein from time to time and all proceeds, products, or
substitutions thereon and thereof, and 
 (q) Other Rights. Any and all other rights of the Borrower in and to the items
set forth in Subsections (a) through (above. 

  
 -5-

 AND without limiting any of the other provisions of this Security Instrument, to the extent
permitted by applicable law, the Borrower expressly grants to the Administrative Agent, as secured party, a security interest in the portion of the Property which is or may be subject to the provisions of the Uniform Commercial Code which are
applicable to secured transactions; it being understood and agreed that the Improvements and the Fixtures are part and parcel of the Land (the Land, the Improvements and the Fixtures collectively referred to as the “Real Property”)
appropriated to the use thereof and, whether affixed or annexed to the Real Property or not, shall for the purposes of this Security Instrument be deemed conclusively to be real estate and mortgaged hereby. 

Section 1.2 ASSIGNMENT OF RENTS. The Borrower hereby absolutely and unconditionally assigns to the Administrative Agent all of
Borrower’s right, title and interest in and to all current and future Leases and Rents; it being intended by Borrower that this assignment constitutes a present, absolute assignment and not an assignment for additional security only.
Nevertheless, subject to the terms of the Assignment of Leases and Section 7.1(h) of this Security Instrument, the Administrative Agent grants to Borrower a revocable license to collect, receive, use and enjoy the Rents. Borrower shall
hold the Rents, or a portion thereof sufficient to discharge all current sums due on the Obligations, for use in the payment of such sums. 
 Section 1.3 SECURITY AGREEMENT. This Security Instrument is both a real property mortgage and a “security agreement” within the meaning of the Uniform Commercial Code. The Property includes
both real and personal property and all other rights and interests, whether tangible or intangible in nature, of the Borrower in the Property. By executing and delivering this Security Instrument, the Borrower hereby grants to the Administrative
Agent, as security for the Obligations, a security interest in the Fixtures, the Equipment, the Personal Property and other property constituting the Property to the full extent that the Fixtures, the Equipment, the Personal Property and such other
property may be subject to the Uniform Commercial Code (said portion of the Property so subject to the Uniform Commercial Code being called the “Collateral”). If an Event of Default shall occur and be continuing, the Administrative
Agent, in addition to any other rights and remedies which it may have, shall have and may exercise immediately and without demand, any and all rights and remedies granted to a secured party upon default under the Uniform Commercial Code, including,
without limiting the generality of the foregoing, the right to take possession of the Collateral or any part thereof, and to take such other measures as the Administrative Agent may deem necessary for the care, protection and preservation of the
Collateral. Upon request or demand of the Administrative Agent after the occurrence and during the continuance of an Event of Default, the Borrower shall, at its expense, assemble the Collateral and make it available to the Administrative Agent at a
convenient place (at the Land if tangible property) acceptable to the Administrative Agent. The Borrower shall pay to the Administrative Agent on demand any and all expenses, including legal expenses and attorneys’ fees, incurred or paid by the
Administrative Agent in protecting its interest in the Collateral and in enforcing its rights hereunder with respect to the Collateral after the occurrence and during the continuance of an Event of Default. Any notice of sale, disposition or other
intended action by the Administrative Agent with respect to the Collateral sent to the Borrower in accordance with the provisions hereof at least ten (10) days prior to such action, shall, except as otherwise provided by applicable law, constitute
reasonable notice to the Borrower. The proceeds of any disposition of the Collateral, or any part thereof, may, except as otherwise required by applicable 

  
 -6-

 
law, be applied by the Administrative Agent to the payment of the Obligations in such priority and proportions as the Administrative Agent in its discretion shall deem proper. The principal place
of business of the Borrower (Debtor) is as set forth on page one hereof and the address of the Administrative Agent (Secured Party) is as set forth on page one hereof. 
 Section 1.4 FIXTURE FILING. Certain of the Property is or will become “fixtures” (as that term is defined in the Uniform Commercial Code) on the Land, described or referred to in
this Security Instrument, and this Security Instrument, upon being filed for record in the real estate records of the city or county wherein such fixtures are situated, shall operate also as a financing statement naming the Borrower as Debtor and
the Administrative Agent as Secured Party filed as a fixture filing in accordance with the applicable provisions of said Uniform Commercial Code upon such of the Property that is or may become fixtures. 

CONDITIONS TO GRANT 
 TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of the Administrative Agent and its successors and assigns, forever; 

PROVIDED, HOWEVER, these presents are upon the express condition that, if the Borrower shall well and truly pay to the Administrative
Agent the Obligations at the time and in the manner provided in the Credit Agreement, the other Loan Documents and this Security Instrument, shall well and truly perform the Obligations and shall well and truly abide by and comply with each and
every covenant and condition set forth herein and in the other Loan Documents, (i) these presents and the estate hereby granted shall cease, terminate and be void and (ii) the Administrative Agent, at the request and expense of the
Borrower, will execute and deliver to the Borrower a proper instrument or instruments acknowledging the satisfaction, discharge and termination of this Security Instrument as provided above, and will duly assign, transfer and deliver to the Borrower
(without recourse and without any representation or warranty) such of the Property as may be in the possession of the Administrative Agent and as has not theretofore been sold or otherwise applied or released pursuant to this Security Instrument or
the other Loan Documents; provided, however, that the Borrower’s obligation to indemnify and hold harmless the Administrative Agent pursuant to the provisions hereof or any of the other Loan Documents shall survive any such payment or release
to the extent expressly provided herein or in any of the other Loan Documents. 
 Article 2 - OBLIGATIONS SECURED 

This Security Instrument and the grants, assignments and transfers made in Article 1 are given for the purpose of securing the
Obligations as more fully described in the Credit Agreement and the performance of all other obligations of the Borrower contained herein and therein. 
 Article 3 - BORROWER COVENANTS 
 The Borrower covenants and agrees that:

 Section 3.1 PAYMENT OF THE OBLIGATIONS. Borrower will pay the Obligations at the time and in the manner provided
in the Credit Agreement and the other Loan Documents. 

  
 -7-

 Section 3.2 INCORPORATION BY REFERENCE, All the covenants, conditions and
agreements contained in (a) the Credit Agreement, (b) the Collateral Documents, (c) the Promissory Notes, if any, (d) the Letters of Credit and all and any of the other Loan Documents, are hereby made a part of this Security Instrument to the
same extent and with the same force as if fully set forth herein. 
 Section 3.3 INSURANCE. The Borrower shall
obtain and maintain, or cause to be maintained, in full force and effect at all times insurance with respect to the Borrower and the Property as required pursuant to the Credit Agreement. 

Section 3.4 MAINTENANCE OF PROPERTY. The Borrower shall cause the Property to be maintained in a good and safe condition and
repair in accordance with the terms and conditions of the Credit Agreement. Except to the extent permitted by the Credit Agreement, the Improvements, the Fixtures, the Equipment and the Personal Property shall not be removed, demolished or
materially altered (except for normal replacement of the Fixtures, the Equipment or the Personal Property, tenant finish and refurbishment of the Improvements or disposition in the ordinary course of business of Fixtures or Equipment that are
obsolete and surplus to the needs of the Borrower) without the consent of the Administrative Agent. The Borrower shall promptly repair, replace or rebuild any part of the Property which may be destroyed by any casualty or become damaged, worn or
dilapidated or which may be affected by any condemnation, in each case, in accordance with the Credit Agreement, and shall complete and pay for any structure at any time in the process of construction or repair on the Land. 

Section 3.5 WASTE. The Borrower shall not commit or suffer any material physical waste of the Property or make any change in
the use of the Property which will in any way materially increase the risk of fire or other hazard arising out of the operation of the Property, or do thereon anything that may in any way cause a Material Adverse Effect or materially impair the
security of this Security Instrument. The Borrower will not, without the prior written consent of the Administrative Agent, permit any drilling or exploration for or extraction, removal, or production of any minerals from the surface or the
subsurface of the Land, regardless of the depth thereof or the method of mining or extraction thereof. 
 Section 3.6
PAYMENT FOR LABOR AND MATERIALS. 
 (a) Subject to paragraph (b) below, the Borrower will promptly pay when due all
bills and costs for labor, materials, and specifically fabricated materials (“Labor and Material Costs”) incurred in connection with the Property and not permit to exist beyond the due date thereof in respect of the Property or any
part thereof any lien or security interest, even though inferior to the liens and the security interests hereof, and in any event not permit to be created or exist in respect of the Property or any part thereof any other or additional lien or
security interest other than the liens or security interests hereof except for the Permitted Encumbrances. 
 (b) After prior
written notice to the Administrative Agent, the Borrower, at its own expense, may contest by appropriate legal proceeding, promptly initiated and conducted in good faith and with due diligence, the amount or validity or application in whole or in
part of any of the Labor and Material Costs, provided that (i) no Event of Default has occurred and is continuing under the Credit Agreement, this Security Instrument or any of the other Loan 

  
 -8-

 Documents, (ii) the Borrower is permitted to do so under the provisions of any other mortgage, deed of
trust or deed to secure debt affecting the Property, (iii) such proceeding shall suspend the collection of the Labor and Material Costs from the Borrower and from the Property or the Borrower shall have paid all of the Labor and Material Costs
under protest or shall have provided the bond or other security contemplated by clause (vi) below, (iv) such proceeding shall be permitted under and be conducted in accordance with the provisions of any other instrument to which Borrower
is subject and shall not constitute a default thereunder, (v) neither the Property nor any part thereof or interest therein will be in danger of being sold, forfeited, terminated, canceled or lost while such contest is being conducted, and
(vi) the Borrower shall have furnished any bond or other security as may be required in the proceeding, or as may be requested by the Administrative Agent to insure the payment of any contested Labor and Material Costs, together with all
interest and penalties thereon. 
 Section 3.7 PERFORMANCE OF OTHER AGREEMENTS. The Borrower shall observe and
perform each and every term, covenant and provision to be observed or performed by the Borrower pursuant to the Credit Agreement, the other Loan Documents and, to the extent commercially reasonable under the circumstances, pursuant to any other
agreement or recorded instrument affecting or pertaining to the Property and any amendments, modifications or changes thereto. 

Section 3.8 CHANGE OF NAME, IDENTITY OR STRUCTURE. The Borrower shall not change the Borrower’s name, identity,
organizational identification number or the Borrower’s corporate, partnership or other structure without first (a) notifying the Administrative Agent of such change in writing at least thirty (30) days (or such shorter period of time
permitted by the Administrative Agent in its sole discretion) prior to the effective date of such change, (b) taking all action reasonably required by the Administrative Agent for the purpose of perfecting or protecting the lien and security
interest of the Administrative Agent and (c) in the case of a change in the Borrower’s structure, without first obtaining the prior written consent of the Administrative Agent (to the extent such consent is required pursuant to the terms
of the Credit Agreement). 
 Article 4 - OBLIGATIONS AND RELIANCES 

Section 4.1 RELATIONSHIP OF THE BORROWER AND THE ADMINISTRATIVE AGENT. The relationship between the Borrower and the
Administrative Agent is solely that of debtor and creditor, and the Administrative Agent has no fiduciary or other special relationship with the Borrower, and no term or condition of any of the Credit Agreement, this Security Instrument and the
other Loan Documents shall be construed so as to deem the relationship between the Borrower and the Administrative Agent to be other than that of debtor and creditor. 
 Section 4.2 No RELIANCE ON THE ADMINISTRATIVE AGENT. The Borrower is not relying on the Administrative Agent’s expertise, business acumen or advice in connection with the Property.

  
 -9-

 Section 4.3 NO ADMINISTRATIVE AGENT OBLIGATIONS. 

(a) Notwithstanding the provisions of Subsections 1.1(h) and or Section 1.2, the Administrative Agent is not
undertaking the performance of (i) any obligations under the Leases; or (ii) any obligations with respect to such agreements, contracts, certificates, instruments, franchises, permits, trademarks, licenses and other documents. 

(b) By accepting or approving anything required to be observed, performed or fulfilled or to be given to the Administrative Agent
pursuant to this Security Instrument, the Credit Agreement or the other Loan Documents, including, without limitation, any officer’s certificate, balance sheet, statement of profit and loss or other financial statement, survey, appraisal, or
insurance policy, the Administrative Agent shall not be deemed to have warranted, consented to, or affirmed the sufficiency, the legality or effectiveness of same, and such acceptance or approval thereof shall not constitute any warranty or
affirmation with respect thereto by the Administrative Agent. 
 Article 5 - FURTHER ASSURANCES 

Section 5.1 RECORDING OF SECURITY INSTRUMENT, ETC. The Borrower forthwith upon the execution and delivery of this Security
Instrument and thereafter, from time to time, will cause this Security Instrument and any of the other Loan Documents creating a lien or security interest or evidencing the lien hereof upon the Property and each instrument of further assurance to be
filed, registered or recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and fully to protect and perfect the lien or security interest hereof upon, and the interest of the
Administrative Agent in, the Property. The Borrower will pay all taxes, filing, registration or recording fees, and all expenses incident to the preparation, execution, acknowledgment and/or recording of the this Security Instrument, the other Loan
Documents, any note, deed of trust or mortgage supplemental hereto, any security instrument with respect to the Property and any instrument of further assurance, and any modification or amendment of the foregoing documents, and all federal, state,
county and municipal taxes, duties, imposts, assessments and charges (other than income, franchise and similar taxes imposed on the Administrative Agent, its affiliates or participants, or assignees of the Loans) arising out of or in connection with
the execution and delivery of this Security Instrument, any deed of trust or mortgage supplemental hereto, any security instrument with respect to the Property or any instrument of further assurance, and any modification or amendment of the
foregoing documents, except where prohibited by law so to do. 
 Section 5.2 FURTHER ACTS, ETC. Subject to the terms
and conditions and limitations of the Credit Agreement, the Borrower will, at the cost of the Borrower, and without expense to the Administrative Agent, do, execute, acknowledge and deliver all and every such further acts, deeds, conveyances, deeds
of trust, mortgages, assignments, notices of assignments, transfers and assurances as the Administrative Agent shall, from time to time, reasonably require, for the better assuring, conveying, assigning, transferring, and confirming unto the
Administrative Agent the property and rights hereby mortgaged, deeded, granted, bargained, sold, conveyed, confirmed, pledged, assigned, warranted and transferred or intended now or hereafter so to be, or which the Borrower may be or may hereafter
become bound to convey or assign to the Administrative Agent, or for carrying out the intention or facilitating the performance of the terms of this Security Instrument or for filing, registering or recording this Security Instrument, or for
complying with all legal requirements in connection therewith. The Borrower, within five 

  
 -10-

 
(5) Business Days after receipt of the Administrative Agent’s written demand, will execute and deliver, and in the event it shall fail to so execute and deliver, hereby authorizes the
Administrative Agent to execute in the name of the Borrower or without the signature of the Borrower to the extent the Administrative Agent may lawfully do so, one or more financing statements (including, without limitation, initial financing
statements and amendments thereto and continuation statements) with or without the signature of the Borrower as authorized by applicable law, to evidence more effectively the security interest of the Administrative Agent in the Property. The
Borrower also ratifies its authorization for the Administrative Agent to have filed any initial financing statements, amendments thereto and continuation statements, if filed prior to the date of this Security Instrument, the Borrower grants to the
Administrative Agent an irrevocable power of attorney coupled with an interest for the purpose of exercising and perfecting any and all rights and remedies available to the Administrative Agent at law and in equity pursuant to this
Section 5.2. To the extent not prohibited by applicable law, the Borrower hereby ratifies all acts the Administrative Agent has lawfully done in the past or shall lawfully do or cause to be done in the future by virtue of such power of
attorney. 
 Section 5.3 CHANGES IN TAX DEBT, CREDIT AND DOCUMENTARY STAMP LAWS. 

(a) If any law is enacted or adopted or amended after the date of this Security Instrument which deducts the Obligations from the value
of the Property for the purpose of taxation or which imposes a tax, either directly or indirectly, on the Obligations or the Administrative Agent’s interest in the Property (other than income, franchise and similar taxes imposed on the
Administrative Agent or any other Secured Party, their respective affiliates, or assignees of or participants in the Loans), the Borrower will pay the tax, with interest and penalties thereon, if any. If the Administrative Agent is advised by
counsel chosen by it that the payment of tax by the Borrower would be unlawful or taxable to the Administrative Agent or any other Secured Party or unenforceable or provide the basis for a defense of usury then the Administrative Agent shall have
the option by written notice of not less than one hundred twenty (120) days to declare the Obligations immediately due and payable. 
 (b) the Borrower will not claim or demand or be entitled to any credit or credits on account of the Obligations for any part of the Taxes or other similar charges assessed against the Property, or any
part thereof; and no deduction shall otherwise be made or claimed from the assessed value of the Property, or any part thereof, for real estate tax purposes by reason of this Security Instrument or the Obligations. If such claim, credit or deduction
shall be required by law, the Administrative Agent shall have the option, by written notice of not less than one hundred twenty (120) days, to declare the Obligations immediately due and payable. 

(c) If at any time the United States of America, any State thereof or any subdivision of any such State shall require revenue or other
stamps to be affixed to this Security Instrument, or any of the other Loan Documents or impose any other tax or charge on the same (other than income, franchise and similar taxes imposed on the Administrative Agent or any other Secured Party, their
respective affiliates, or assignees of or participants in the Loans), the Borrower will pay for the same, with interest and penalties thereon, if any. 

  
 -11-

 Article 6 - DUE ON SALE/ENCUMBRANCE 

Section 6.1 THE ADMINISTRATIVE AGENT RELIANCE. The Borrower acknowledges that the Administrative Agent will rely on the
Borrower’s ownership of the Property as a means of maintaining the value of the Property as security for repayment and performance of the Obligations. Borrower acknowledges that the Administrative Agent has a valid interest in maintaining the
value of the Property so as to ensure that, should the Borrower default in the repayment or performance of the Obligations, the Administrative Agent can recover the Obligations by a sale of the Property. 

Section 6.2 No TRANSFER. The Borrower shall not sell, transfer, lease or otherwise dispose of the Property, unless
specifically permitted by Section 6.11 of the Credit Agreement. 
 Article 7 - RIGHTS AND REMEDIES UPON DEFAULT

 Section 7.1 REMEDIES. Upon the occurrence and during the continuance of any Event of Default, the Borrower agrees
that the Administrative Agent may take such action, without notice or demand, as it deems advisable to protect and enforce its rights against the Borrower and in and to the Property, including, but not limited to, the following actions, each of
which may, subject to applicable law, be pursued concurrently or otherwise, at such time and in such order as the Administrative Agent may determine, in its sole discretion, without impairing or otherwise affecting the other rights and remedies of
the Administrative Agent: 
 (a) declare the entire unpaid Obligations to be immediately due and payable; 

(b) institute proceedings, judicial or otherwise, for the complete foreclosure of this Security Instrument under any applicable provision
of law, in which case the Property or any interest therein may be sold for cash or upon credit in one or more parcels or in several interests or portions and in any order or manner; 

(c) with or without entry, to the extent permitted and pursuant to the procedures provided by applicable law, institute proceedings for
the partial foreclosure of this Security Instrument for the portion of the Obligations then due and payable, subject to the continuing lien and security interest of this Security Instrument for the balance of the Obligations not then due, unimpaired
and without loss of priority; 
 (d) to the extent permitted by applicable law, sell for cash or upon credit the Property or any
part thereof and all estate, claim, demand, right, title and interest of the Borrower therein and rights of redemption thereof, pursuant to power of sale or otherwise, at one or more sales, as an entirety or in parcels, at such time and place, upon
such terms and after such notice thereof as may be required or permitted by law; 
 (e) institute an action, suit or proceeding
in equity for the specific performance of any covenant, condition or agreement contained herein, in the Credit Agreement or in the other Loan Documents; 

  
 -12-

 (f) subject to applicable law, recover judgment on the Credit Agreement and/or any of the
other Loan Documents either before, during or after any proceedings for the enforcement of this Security Instrument or the other Loan Documents; 
 (g) subject to applicable law, apply for the appointment of a receiver, trustee, liquidator or conservator of the Property, without notice and without regard for the adequacy of the security for the
Obligations and without regard for the solvency of the Borrower, any Guarantor, indemnitor with respect to the Loans or of any Person liable for the payment of all or any portion of the Obligations; 

(h) subject to applicable law, the license granted to Borrower under Section 1.2 hereof shall automatically be revoked and the
Administrative Agent may enter into or upon the Property, either personally or by its agents, nominees or attorneys and dispossess the Borrower and its agents and servants therefrom, without liability for trespass, damages or otherwise and exclude
the Borrower and its agents or servants wholly therefrom, and take possession of all books, records and accounts in the Borrower’s possession relating thereto and the Borrower agrees to surrender possession of the Property and of such books,
records and accounts to the Administrative Agent upon demand, and thereupon the Administrative Agent may (i) use, operate, manage, control, insure, maintain, repair, restore and otherwise deal with all and every part of the Property and conduct
the business thereat; (ii) complete any construction on the Property in such manner and form as the Administrative Agent deems advisable; (iii) make alterations, additions, renewals, replacements and improvements to or on the Property;
(iv) exercise all rights and powers of the Borrower with respect to the Property, whether in the name of the Borrower or otherwise, including, without limitation, the right to make, cancel, enforce or modify Leases, obtain and evict tenants,
and demand, sue for, collect and receive all Rents of the Property and every part thereof; (v) require the Borrower to pay monthly in advance to the Administrative Agent, or any receiver appointed to collect the Rents, the fair and reasonable
rental value for the use and occupation of such part of the Property as may be occupied by the Borrower; (vi) require the Borrower to vacate and surrender possession of the Property to the Administrative Agent or to such receiver and, in
default thereof, the Borrower may be evicted by summary proceedings or otherwise; and (vii) apply the receipts from the Property to the payment of the Obligations, in such order, priority and proportions as the Administrative Agent shall deem
appropriate in its sole discretion after deducting therefrom all expenses (including attorneys’ fees) incurred in connection with the aforesaid operations and all amounts necessary to pay the Taxes, other charges, insurance and other expenses
in connection with the Property, as well as just and reasonable compensation for the services of the Administrative Agent, its counsel, agents and employees; 
 (i) exercise any and all rights and remedies granted to a secured party upon default under the Uniform Commercial Code, including, without limiting the generality of the foregoing: (i) the right to take
possession of the Fixtures, the Equipment and the Personal Property, or any part thereof, and to take such other measures as the Administrative Agent may deem necessary for the care, protection and preservation of the Fixtures, the Equipment and the
Personal Property, and (ii) request the Borrower at its expense to assemble the Fixtures, the Equipment and the Personal Property and make it available to the Administrative Agent at a convenient place acceptable to the Administrative Agent.
Any notice of sale, disposition or other intended action by the Administrative Agent with respect to the Fixtures, the Equipment and/or the Personal Property sent to the Borrower in accordance with the provisions hereof at least ten (10) days
prior to such action, shall constitute commercially reasonable notice to the Borrower; 

  
 -13-

 (j) apply any sums then deposited or held in escrow or otherwise by or on behalf of the
Administrative Agent in accordance with the terms of the Credit Agreement, this Security Instrument or any other Loan Document to the payment of the following items in any order in its uncontrolled discretion: 

 

	 	(i)	Taxes and other charges related to the Property; 

  

	 	(ii)	insurance premiums related to the Property; 

  

	 	(iii)	interest on the unpaid principal balance of the Obligations; 

  

	 	(iv)	amortization of the unpaid principal balance of the Obligations; 

  

	 	(v)	all other sums payable pursuant to the Credit Agreement, this Security Instrument and the other Loan Documents; 

(k) pursue such other remedies as the Administrative Agent may have under applicable law. In the event of a sale, by foreclosure, power
of sale or otherwise, of less than all of the Property, this Security Instrument shall continue as a lien and security interest on the remaining portion of the Property unimpaired and without loss of priority. 

Section 7.2 APPLICATION OF PROCEEDS. The purchase money, proceeds and avails of any disposition of the Property,
and or any part thereof, pursuant to Section 7.1 hereof, or any other sums collected by the Administrative Agent pursuant to this Security Instrument or the other Loan Documents, upon and during the continuance of an Event of Default may
be applied by the Administrative Agent to the payment of the Obligations in such priority and proportions as the Administrative Agent in its discretion shall deem proper. 
 Section 7.3 RIGHT TO CURE DEFAULTS. Upon the occurrence and during the continuance of any Event of Default or if the Borrower fails to make any payment or to do any act as
herein provided, the Administrative Agent may, but without any obligation to do so and without notice to or demand on the Borrower and without releasing the Borrower from any obligation hereunder, make or do the same in such manner and to such
extent as the Administrative Agent may deem necessary to protect the security hereof, the Administrative Agent is authorized to enter upon the Property for such purposes, or appear in, defend, or bring any action or proceeding to protect its
interest in the Property or to foreclose this Security Instrument or collect the Obligations, and the cost and expense thereof (including reasonable attorneys’ fees to the extent permitted by law), with interest as provided in this
Section 7.3, shall constitute a portion of the Obligations and shall be due and payable to the Administrative Agent upon demand. All such costs and expenses incurred by the Administrative Agent in remedying such Event of Default or such
failed payment or act or in appearing in, defending, or bringing any such action or proceeding shall bear interest at the rate described in Section 2.12(c)(ii) of the Credit Agreement, for the period after notice from the Administrative Agent
that such cost or 

  
 -14-

 
expense was incurred to the date of payment to the Administrative Agent. All such costs and expenses incurred by the Administrative Agent together with interest thereon calculated at the rate
described in Section 2.12(c)(ii) shall be deemed to constitute a portion of the Obligations and be secured by this Security Instrument and the other Loan Documents and shall be immediately due and payable upon demand by the
Administrative Agent therefor. 
 Section 7.4 ACTIONS AND PROCEEDINGS. Subject to the terms, provisions and limitations set
forth in the Credit Agreement, the Administrative Agent has the right to appear in and defend any action or proceeding brought with respect to the Property and to bring any action or proceeding, in the name and on behalf of the Borrower, which the
Administrative Agent, in its discretion, decides should be brought to protect its interest in the Property. 
 Section 7.5
RECOVERY OF Sums REQUIRED TO BE PAID. The Administrative Agent shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations as the same become due, without regard
to whether or not the balance of the Obligations shall be due, and without prejudice to the right of the Administrative Agent thereafter to bring an action of foreclosure, or any other action, for a default or defaults by the Borrower existing at
the time such earlier action was commenced. 
 Section 7.6 EXAMINATION OF BOOKS AND RECORDS. Borrower will, and will
cause each of its Subsidiaries to, keep proper books of record and account in which full, true and correct entries are made of all dealings and transactions in relation to its business and activities. The Borrower will, and will cause each of its
Subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender, upon reasonable prior notice, to visit and inspect its properties up to twice each calendar year, during business hours, to examine and make extracts
from its books and records, and to discuss its affairs, finances and condition with its officers and independent accountants, provided that upon the occurrence and during the continuation of a payment Default or an Event of Default, no prior notice
shall be required and the Administrative Agent or any Lender may make unlimited visits to inspect its properties, to examine and make extracts from its books and records, and to discuss its affairs, finances and condition with its officers and
independent accountants (provided that the Borrower shall be present at any such discussion with such independent accountants), from time to time and at any and all times as it may elect in its sole discretion. 

  
 -15-

 Section 7.7 OTHER RIGHTS, ETC. 

(a) The failure of the Administrative Agent to insist upon strict performance of any term hereof shall not be deemed to be a waiver of
any term of this Security Instrument. The Borrower shall not be relieved of the Borrower’s obligations hereunder by reason of (i) the failure of the Administrative Agent to comply with any request of the Borrower or any guarantor or
indemnitor with respect to the Loans to take any action to foreclose this Security Instrument or otherwise enforce any of the provisions hereof or the other Loan Documents, (ii) the release, regardless of consideration, of less than all of the
Property except to the extent of the portion of the Property so released, or of any person liable for the Obligations or any portion thereof, or (iii) any agreement or stipulation by the Administrative Agent extending the time of payment or
otherwise modifying or supplementing the terms of this Security Instrument or the other Loan Documents (except to the extent expressly provided in such agreement or stipulation). 

(b) It is agreed that the risk of loss or damage to the Property is on the Borrower, and the Administrative Agent shall have no liability
whatsoever for decline in value of the Property, for failure to maintain any insurance policies in connection with the Property, or for failure to determine whether insurance in force is adequate as to the amount of risks insured. Possession by the
Administrative Agent shall not be deemed an election of judicial relief, if any such possession is requested or obtained, with respect to the Property, any Personal Property or Collateral not in the Administrative Agent’s possession.

 (c) Subject to applicable law, the Administrative Agent may resort for the payment of the Obligations to any other security
held by the Administrative Agent in such order and manner as the Administrative Agent, in its discretion, may elect. Subject to applicable law, the Administrative Agent may take action to recover the Obligations, or any portion thereof, or to
enforce any covenant hereof without prejudice to the right of the Administrative Agent thereafter to foreclose this Security Instrument. The rights of the Administrative Agent under this Security Instrument shall be separate, distinct and cumulative
and none shall be given effect to the exclusion of the others. Subject to applicable law, no act of the Administrative Agent shall be construed as an election to proceed under any one provision herein to the exclusion of any other provision. The
Administrative Agent shall not be limited exclusively to the rights and remedies herein stated but shall be entitled to every right and remedy now or hereafter afforded at law or in equity. 

Section 7.8 RIGHT TO RELEASE ANY PORTION OF THE PROPERTY. The Administrative Agent may release any portion of the Property
for such consideration as the Administrative Agent may require without, as to the remainder of the Property, in any way impairing or affecting the lien or priority of this Security Instrument, or improving the position of any subordinate lienholder
with respect thereto, except to the extent that the obligations hereunder shall have been reduced by the actual monetary consideration, if any, received by the Administrative Agent for such release, and may accept by assignment, pledge or otherwise
any other property in place thereof as the Administrative Agent may require without being accountable for so doing to any other lienholder. This Security Instrument shall continue as a lien and security interest in the remaining portion of the
Property. 

  
 -16-

 Section 7.9 RECOURSE AND CHOICE OF REMEDIES. Notwithstanding any other provision
of this Security Instrument or the Credit Agreement, the Administrative Agent and other Indemnified Parties (as hereinafter defined) are entitled to enforce the obligations of the Borrower, any Guarantor and indemnitor contained in Sections
9.2 and 9.3 herein and Section 9.03 of the Credit Agreement without first resorting to or exhausting any security or collateral and without first having recourse to the Credit Agreement or any of the Property, through foreclosure or
acceptance of a deed in lieu of foreclosure or otherwise, and in the event the Administrative Agent commences a foreclosure action against the Property, the Administrative Agent is entitled to pursue a deficiency judgment with respect to such
obligations against the Borrower and any Guarantor or indemnitor with respect to the Obligations. The Borrower and any Guarantor or indemnitor with respect to the Loans are fully and personally liable for the obligations herein and in the Credit
Agreement. The liability of the Borrower and any Guarantor or indemnitor with respect to the Loans is not limited to the original principal amount of the Credit Agreement. Notwithstanding the foregoing, nothing herein shall inhibit or prevent the
Administrative Agent from foreclosing or exercising any other rights and remedies pursuant to the Credit Agreement, this Security Instrument and the other Loan Documents, whether simultaneously with foreclosure proceedings or in any other sequence.
A separate action or actions may be brought and prosecuted against the Borrower pursuant to this Security Instrument and/or the Credit Agreement, whether or not action is brought against any other Person or whether or not any other Person is joined
in the action or actions. In addition, the Administrative Agent shall have the right but not the obligation to join and participate in, as a party if it so elects, any administrative or judicial proceedings or actions initiated in connection with
any matter addressed in connection with any Environmental Liability. 
 Section 7.10 RIGHT OF ENTRY. Upon notice to
the Borrower, the Administrative Agent and its agents shall have the right to enter and inspect the Property subject, however, to the rights of tenants of the Property. 
 Article 8 - INTENTIONALLY OMITTED 
 Article 9 - INDEMNIFICATION 

Section 9.1 GENERAL INDEMNIFICATION. The Borrower shall, at its sole cost and expense, protect, defend,
indemnify, release and hold harmless the Indemnified Parties from and against any and all claims, suits, liabilities (including, without limitation, strict liabilities), actions, proceedings, obligations, debts, damages, losses, costs, expenses,
fines, penalties, charges, fees, judgments, awards, amounts paid in settlement, of whatever kind or nature (including but not limited to attorneys’ fees and other costs of defense) (collectively, the “Losses”) imposed upon or
incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to any one or more of the following including Losses arising out of the negligence of the Indemnified Party: (a) any
interest held by the Administrative Agent in the Property or receipt of any Rents; (b) any amendment to, or restructuring of, the Obligations, the Credit Agreement, this Security Instrument, or any other Loan Documents; (c) any and all
lawful action that may be taken by the Administrative Agent in connection with the enforcement of the provisions of this Security Instrument or the Loan Agreement or any of the other Loan Documents, whether or not suit is filed in connection with
same, or in connection with the Borrower, any guarantor or indemnitor and/or any partner, joint 

  
 -17-

 
venturer or shareholder thereof becoming a party to a voluntary or involuntary federal or state bankruptcy, insolvency or similar proceeding; (d) any accident, injury to or death of persons
or loss of or damage to property occurring in, on or about the Property or any part thereof or on the adjoining sidewalks, curbs, adjacent property or adjacent parking areas, streets or ways; (e) any use, nonuse or condition in, on or about the
Property or any part thereof or on the adjoining sidewalks, curbs, adjacent property or adjacent parking areas, streets or ways; (f) any failure on the part of the Borrower to perform or be in compliance with any of the terms of this Security
Instrument; (g) performance of any labor or services or the furnishing of any materials or other property in respect of the Property or any part thereof, (h) the failure of any person to file timely with the Internal Revenue Service an
accurate Form 1099-B, Statement for Recipients of Proceeds from Real Estate, Broker and Barter Exchange Transactions, which may be required in connection with this Security Instrument, or to supply a copy thereof in a timely fashion to the recipient
of the proceeds of the transaction in connection with which this Security Instrument is made; (i) any failure of the Property to be in compliance with any Requirement of Law; (j) the enforcement by any Indemnified Party of the provisions
of this Article 9; (k) any and all claims and demands whatsoever which may be asserted against the Administrative Agent by reason of any alleged obligations or undertakings on its part to perform or discharge any of the terms,
covenants or agreements contained in any Lease; (1) the payment of any commission, charge or brokerage fee to anyone claiming through the Borrower which may be payable in connection with the funding of the Loans; or (m) any
misrepresentation made by the Borrower in this Security Instrument or any other Loan Document; provided, however, that the foregoing indemnification obligations shall not apply to any Losses that are the result of the recklessness, willful
misconduct or fraud of any Indemnified Party. Any amounts payable to the Administrative Agent by reason of the application of this Section 9.1 shall become immediately due and payable and shall bear interest at the rate set forth in
Section 2.12(c)(ii) of the Credit Agreement from the date loss or damage is sustained by the Administrative Agent until paid. For purposes of this Article 9, the term “Indemnified Parties” means the
Administrative Agent, the Issuing Bank, each Lender, the other Secured Parties and each Related Party of any of the foregoing Persons, any Person in whose name the encumbrance created by this Security Instrument is or will have been recorded, as
well as the respective directors, officers, shareholders, partners, employees, agents, servants, representatives, contractors, subcontractors, affiliates, subsidiaries, participants, successors and assigns of any and all of the foregoing.

 Section 9.2 MORTGAGE AND/OR INTANGIBLE TAX. The Borrower shall, at its sole cost and expense, protect, defend,
indemnify, release and hold harmless the Indemnified Parties from and against any and all Losses imposed upon or incurred by or asserted against any Indemnified Parties and directly or indirectly arising out of or in any way relating to any tax on
the making and/or recording of this Security Instrument, the Credit Agreement or any of the other Loan Documents, but excluding any income, franchise or other similar taxes. 
 Section 9.3 INTENTIONALLY OMITTED. 
 Section 9.4 INTENTIONALLY
OMITTED. 
 Section 9.5 DUTY TO DEFEND; ATTORNEYS’ FEES AND OTHER FEES AND EXPENSES. Upon written request
by any Indemnified Party, the Borrower shall defend such Indemnified Party (if requested by any Indemnified Party, in the name of the Indemnified Party) by attorneys 

  
 -18-

 
and other professionals approved by the Indemnified Parties. Notwithstanding the foregoing, if the defendants in any such claim or proceeding include both the Borrower and any Indemnified Party
and the Borrower and such Indemnified Party shall have reasonably concluded that there are any legal defenses available to it and/or other Indemnified Parties that are different from or additional to those available to the Borrower, such Indemnified
Party shall have the right to select separate counsel to assert such legal defenses and to otherwise participate in the defense of such action on behalf of such Indemnified Party, provided that no compromise or settlement shall be entered without
the Borrower’s consent, which consent shall not be unreasonably withheld. Upon demand, the Borrower shall pay or, in the sole and absolute discretion of the Indemnified Parties, reimburse, the Indemnified Parties for the payment of fees and
disbursements of attorneys, engineers, environmental consultants, laboratories and other professionals in connection therewith. 

Article 10 - WAIVERS 
 Section 10.1 WAIVER OF COUNTERCLAIM. To the extent permitted by applicable law, the Borrower hereby waives the right to assert a counterclaim, other than a mandatory or compulsory
counterclaim, in any action or proceeding brought against it by the Administrative Agent arising out of or in any way connected with this Security Instrument, the Credit Agreement, any of the other Loan Documents or the Obligations. 

Section 10.2 MARSHALLING AND OTHER MATTERS. To the extent permitted by applicable law, the Borrower hereby waives the benefit
of all appraisement, valuation, stay, extension, reinstatement and redemption laws now or hereafter in force and all rights of marshalling in the event of any sale hereunder of the Property or any part thereof or any interest therein. Further, the
Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of this Security Instrument on behalf of the Borrower, and on behalf of each and every person acquiring any interest in or title to
the Property subsequent to the date of this Security Instrument and on behalf of all persons to the extent permitted by applicable law. 
 Section 10.3 WAIVER OF NOTICE. To the extent permitted by applicable law, the Borrower shall not be entitled to any notices of any nature whatsoever from the Administrative Agent except
with respect to matters for which this Security Instrument specifically and expressly provides for the giving of notice by the Administrative Agent to the Borrower and except with respect to matters for which the Administrative Agent is required by
applicable law to give notice, and to the extent permitted by applicable law, the Borrower hereby expressly waives the right to receive any notice from the Administrative Agent with respect to any matter for which this Security Instrument does not
specifically and expressly provide for the giving of notice by the Administrative Agent to the Borrower. 
 Section 10.4
WAIVER OF STATUTE OF LIMITATIONS. To the extent permitted by applicable law, the Borrower hereby expressly waives and releases to the fullest extent permitted by law, the pleading of any statute of limitations as a defense to payment or
performance of the Obligations. 

  
 -19-

 Section 10.5 SURVIVAL. The indemnifications made pursuant to
Section 9.3 herein and the representations and warranties, covenants, and other obligations arising in connection with any indemnification related to any Environmental Liability, shall continue indefinitely in full force and effect and
shall survive and shall in no way be impaired by: any satisfaction or other termination of this Security Instrument, any assignment or other transfer of all or any portion of this Security Instrument or the Administrative Agent’s interest in
the Property (but, in such case, shall benefit both Indemnified Parties and any assignee or transferee), any exercise of the Administrative Agent’s rights and remedies pursuant hereto including but not limited to foreclosure or acceptance of a
deed in lieu of foreclosure, any exercise of any rights and remedies pursuant to the Credit Agreement or any of the other Loan Documents, any transfer of all or any portion of the Property (whether by the Borrower or by the Administrative Agent
following foreclosure or acceptance of a deed in lieu of foreclosure or at any other time), any amendment to this Security Instrument, the Credit Agreement or the other Loan Documents, and any act or omission that might otherwise be construed as a
release or discharge of the Borrower from the obligations pursuant hereto. 
 Article 11 - EXCULPATION 

The provisions of Article VIII and Section 9.03 of the Credit Agreement are hereby incorporated by reference
into this Security Instrument to the same extent and with the same force as if fully set forth herein. 
 Article 12 - NOTICES

 All notices or other-written communications hereunder shall be delivered in accordance with Section 9.01 of the
Credit Agreement. 
 Article 13 - APPLICABLE LAW 
 Section 13.1 GOVERNING LAW. 
 (A) THIS SECURITY INSTRUMENT AND THE
OBLIGATIONS ARISING HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND PERFORMED IN SUCH STATE (WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS) AND ANY APPLICABLE
LAW OF THE UNITED STATES OF AMERICA, EXCEPT THAT AT ALL TIMES (I) THE PROVISIONS FOR THE CREATION, PERFECTION, PRIORITY AND ENFORCEMENT OF THE LIENS AND SECURITY INTERESTS CREATED PURSUANT HERETO WITH RESPECT TO THE PROPERTY (OTHER THAN THAT
DESCRIBED IN SUBPARAGRAPH II BELOW) SHALL BE GOVERNED BY AND CONSTRUED ACCORDING TO THE LAW OF THE STATE IN WHICH THE PROPERTY AND FIXTURES ARE LOCATED AND (II) WITH RESPECT TO THE PERFECTION, PRIORITY AND ENFORCEMENT OF THE LIENS AND SECURITY
INTERESTS CREATED BY THIS SECURITY INSTRUMENT IN PROPERTY WHOSE PERFECTION AND PRIORITY IS COVERED BY ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE, THE LAW OF THE JURISDICTION APPLICABLE IN 

  
 -20-

 
ACCORDANCE WITH SECTIONS 9-301 THROUGH 9-307 OF THE UNIFORM COMMERCIAL CODE AS IN EFFECT IN THE STATE OF NEW YORK SHALL GOVERN. TO THE FULLEST EXTENT PERMITTED BY LAW. THE BORROWER HEREBY
UNCONDITIONALLY AND IRREVOCABLY WAIVES ANY CLAIM TO ASSERT THAT THE LAW OF ANY OTHER JURISDICTION GOVERNS THIS SECURITY INSTRUMENT AND THIS SECURITY INSTRUMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK
PURSUANT TO SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW EXCEPT AS SPECIFICALLY SET FORTH ABOVE. 
 (B) ANY LEGAL
SUIT, ACTION OR PROCEEDING AGAINST THE ADMINISTRATIVE AGENT OR THE BORROWER ARISING OUT OF OR RELATING TO THIS SECURITY INSTRUMENT MAY AT THE ADMINISTRATIVE AGENT’S OPTION BE INSTITUTED IN ANY FEDERAL OR STATE COURT IN THE CITY OF NEW YORK,
COUNTY OF NEW YORK, PURSUANT TO SECTION 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW, AND THE BORROWER WAIVES ANY OBJECTIONS WHICH IT MAY NOW OR HEREAFTER HAVE BASED ON VENUE AND/OR FORUM NON CONVENIENS OF ANY SUCH SUIT, ACTION OR PROCEEDING, AND
THE BORROWER HEREBY IRREVOCABLY SUBMITS TO THE JURISDICTION OF ANY SUCH COURT IN ANY SUIT, ACTION OR PROCEEDING. THE BORROWER AGREES THAT SERVICE OF PROCESS UPON THE BORROWER MAILED OR DELIVERED TO THE BORROWER IN THE MANNER PROVIDED HEREIN SHALL BE
DEEMED IN EVERY RESPECT EFFECTIVE SERVICE OF PROCESS UPON THE BORROWER IN ANY SUCH SUIT, ACTION OR PROCEEDING IN THE STATE OF NEW YORK. 
 Section 13.2 USURY LAWS. Notwithstanding anything to the contrary, (a) all agreements and communications between the Borrower and the Administrative Agent are hereby and shall
automatically be limited so that, after taking into account all amounts deemed interest, the interest contracted for, charged or received by the Administrative Agent shall never exceed the maximum lawful rate or amount, (b) in calculating
whether any interest exceeds the lawful maximum, all such interest shall be amortized, prorated, allocated and spread over the full amount and term of all principal indebtedness of the Borrower to the Administrative Agent and (c) if through any
contingency or event, the Administrative Agent receives or is deemed to receive interest in excess of the lawful maximum, any such excess shall be deemed to have been applied toward payment of the principal of any and all then outstanding
indebtedness of the Borrower to the Administrative Agent, or if there is no such indebtedness, shall immediately be returned to the Borrower. 
 Section 13.3 PROVISIONS SUBJECT To APPLICABLE LAW. All rights, powers and remedies provided in this Security Instrument may be exercised only to the extent that the exercise thereof does not
violate any applicable provisions of law and are intended to be limited to the extent necessary so that they will not render this Security Instrument invalid, unenforceable or not entitled to be recorded, registered or filed under the provisions of
any applicable law. If any term of this Security Instrument or any application thereof shall be invalid or unenforceable, the remainder of this Security Instrument and any other application of the term shall not be affected thereby. 

  
 -21-

 Article 14 - DEFINITIONS 

All capitalized terms not defined herein shall have the respective meanings set forth in the Credit Agreement. Unless the context clearly
indicates a contrary intent or unless otherwise specifically provided herein, words used in this Security Instrument may be used interchangeably in singular or plural form and the word “Borrower” shall mean “each Borrower and
any subsequent owner or owners of the Property or any part thereof or any interest therein,” the word “the Administrative Agent” shall mean “the Administrative Agent and any subsequent administrative agent,” the word
“Pro pert “ shall include any portion of the Property and any interest therein, and the phrases “attorneys’ ‘ fees”, “legal fees” and “counsel fees” shall include any and all
attorneys’, paralegal and law clerk fees and disbursements, including, but not limited to, fees and disbursements at the pre-trial, trial and appellate levels incurred or paid by the Administrative Agent in protecting its interest in the
Property, the Leases and the Rents and enforcing its rights hereunder. 
 Article 15 - MISCELLANEOUS PROVISIONS 

Section 15.1 No ORAL CHANGE. This Security Instrument, and any provisions hereof, may not be modified, amended, waived,
extended, changed, discharged or terminated orally or by any act or failure to act on the part of the Borrower or the Administrative Agent, but only by an agreement in writing signed by (i) the Borrower; and (ii) the Administrative Agent
(acting with the consent of the Required Lenders or, to the extent required by Section 9.02 of the Credit Agreement, each of the Lenders). 
 Section 15.2 SUCCESSORS AND ASSIGNS. This Security Instrument shall be binding upon and inure to the benefit of the Borrower and the Administrative Agent and their respective successors and assigns
forever. 
 Section 15.3 INAPPLICABLE PROVISIONS. If any term, covenant or condition of this Security Instrument is held to
be invalid, illegal or unenforceable in any respect, this Security Instrument shall be construed without such provision. 

Section 15.4 HEADINGS. The headings and captions of various Sections of this Security Instrument are for convenience of
reference only and are not to be construed as defining or limiting, in any way, the scope or intent of the provisions hereof. 

Section 15.5 NUMBER AND GENDER. Whenever the context may require, any pronouns used herein shall include the corresponding
masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural and vice versa. 

Section 15.6 SUBROGATION. If any or all of the proceeds of the Loans and the Credit Agreement have been used to extinguish,
extend or renew any indebtedness heretofore existing against the Property, then, to the extent of the funds so used, the Administrative Agent shall be subrogated to all of the rights, claims, liens, titles, and interests existing against the
Property heretofore held by, or in favor of, the holder of such indebtedness and such former rights, claims, liens, titles, and interests, if any, are not waived but rather are continued in full force and effect in favor of the Administrative Agent
and are merged with the lien and security interest created herein as cumulative security for the repayment and performance of the Obligations, the performance and discharge of the Borrower’s obligations hereunder, under the Credit Agreement and
the other Loan Documents. 

  
 -22-

 Section 15.7 ENTIRE AGREEMENT. This Security Instrument and the other Loan Documents
constitute the entire understanding and agreement between the Borrower and the Administrative Agent with respect to the transactions arising in connection with the Loans and Obligations and supersede all prior written or oral understandings and
agreements between the Borrower and the Administrative Agent with respect thereto. The Borrower hereby acknowledges that, except as incorporated in writing in Credit Agreement, this Security Instrument and the other Loan Documents, there are not,
and were not, and no persons are or were authorized by the Administrative Agent to make, any representations, understandings, stipulations, agreements or promises, oral or written, with respect to the transaction which is the subject of the Credit
Agreement, this Security Instrument and the other Loan Documents. 
 Section 15.8 LIMITATION ON THE ADMINISTRATIVE
AGENT’S RESPONSIBILITY. No provision of this Security Instrument shall operate to place any obligation or liability for the control, care, management or repair of the Property upon the Administrative Agent, nor shall it operate to make the
Administrative Agent responsible or liable for any waste committed on the Property by the tenants or any other Person, or for any dangerous or defective condition of the Property, or for any negligence in the management, upkeep, repair or control of
the Property resulting in loss or injury or death to any tenant, license; employee or stranger. Nothing herein contained shall be construed as constituting the Administrative Agent a “mortgagee in possession.” The Administrative Agent will
hold in accordance with this Security Instrument all items of the Property at any time received under this Security Instrument as collateral security for the Obligations. It is expressly understood and agreed that the obligations of the
Administrative Agent as holder of the Property and interests therein and with respect to the disposition thereof, and otherwise under this Security Instrument, are only those expressly set forth in this Security Instrument. The Administrative Agent
shall act hereunder on the terms and conditions set forth herein and in Article VIII of the Credit Agreement. 
 Article 16 -
STATE-SPECIFIC PROVISIONS 
 Section 16.1 PRINCIPLES OF CONSTRUCTION. In the event of any inconsistencies between
the terms and conditions of this Article 16 and the terms and conditions of this Security Instrument, the terms and conditions of this Article 16 shall control and be binding. 

Section 16.2 INDIANA. 
 (a) Maturity. The Loans have a final maturity date of November 24, 2015. 
 (b) Future Obligations and Advances. This Security Instrument is intended to secure future obligations and advances made under Credit Agreement and/or under the other Loan Documents, and all
modifications, extensions and renewals of any of the foregoing, with the same priority as if made on the day of execution of this Security Instrument, up to a maximum amount of Two Hundred Million Dollars ($200,000,000), pursuant to Indiana Code
§ 32-29-1- 10. The maximum amount stated in the preceding sentence does not affect or alter the principal amount that the Borrower is entitled to borrow under the Credit Agreement and/or under any of the Loan Documents, and may be in excess of
permitted borrowing to cover expenses, accrued interest, costs of collection and the like. 

  
 -23-

 (c) Financing Statements. the Administrative Agent is hereby authorized to execute
and file on behalf of the Borrower, without the signature of the Borrower, any financing statement deemed necessary or appropriate by the Administrative Agent in order to further evidence, perfect or continue the security interest granted herein, or
in any other Loan Document. 
 (d) Collection Cost Recovery. This Security Instrument shall secure, and the
Administrative Agent shall be entitled to collect from the Borrower and add to the obligations incurred by the Borrower under the Loans, including, without limitation, in any proceeding to enforce this Security Instrument or foreclose upon the
Property, all expenses of any environmental site assessments, environmental audits, environmental remediation costs, appraisals, surveys, engineering studies, wetlands delineations, flood plain studies, and any other similar testing or investigation
deemed necessary or advisable by the Administrative Agent incurred in preparation for, contemplation of or in connection with the enforcement of this Security Instrument and/or the collection of the obligations. 

(e) Disclosure Law. The Borrower has complied, and will comply, with the Indiana Responsible Property Transfer
Law, Indiana Code § 13-25-3-1 et seq. (the “Disclosure Law”), by (A) the completion and delivery to the Administrative Agent of a disclosure document in the form required by the Disclosure Law (the “Disclosure Document”), (B) the timely recording in the Office of the Recorder of the County in which the Property is located of a
Disclosure Document, and (C) the timely filing in the Office of the Indiana Department of Environmental Management, of the Disclosure Document; or the Borrower has determined after diligent investigation that the Property does not constitute
“Property” under the Disclosure Law and therefore delivery, filing and recording of a Disclosure Document is not required. Failure by the Borrower to fully comply with the Disclosure Law shall constitute an Event of Default hereunder, and
the Administrative Agent shall be entitled to pursue any and all remedies provided herein, or in the Disclosure Law. 
 (f)
Non-Waiver. Nothing in this Security Instrument is intended to constitute a waiver of deficiency under Indiana Code §32-29-7-5, nor a consent by the Administrative Agent to such a waiver. 

(g) Receiver. The Borrower agrees that the Administrative Agent shall be entitled to the appointment of a receiver as a matter of
rights in accordance with Indiana Code § 32-30-5-1 (4) (C) in any action by the Administrative Agent seeking to foreclose this Security Instrument. 
 (h) No Joint Venture. Nothing contained in this Security Instrument or any other Loan Document is intended to create a partnership, joint venture or association between the Borrower and the
Administrative Agent or in any way make the Administrative Agent a coprincipal with the Borrower with reference to the Property, and any inferences to the contrary are hereby expressly negated. 

  
 -24-

 (i) Tradenames. The Borrower warrants that the Borrower does business under no other
names with respect to the Security Instrument and the Property. The Borrower shall immediately notify the Administrative Agent in writing of any change in the name of, and the use of any tradenames by, the Borrower and, upon request of the
Administrative Agent, shall execute any additional financing statements and other certificates required to reflect any change in name or tradenames and shall execute and file any assumed name certificate required by applicable laws including,
without limitation, Indiana Code § 23-151-1. 
 (j) Subrogation; Waiver. If any of the proceeds of the Loans or the
Credit Agreement are utilized to pay off outstanding liens against all or any part of the Property, the Administrative Agent shall be subrogated to any and all rights, superior titles, liens and equities owned or claimed by any owner or holder of
any such outstanding liens and debts, however remote, regardless of whether said liens or debts are acquired by the Administrative Agent by assignment, or are released by the holder thereof upon payment. The Borrower, any Guarantors and any
endorsers hereof or of the Credit Agreement or of any other Loan Document jointly and severally waive absolutely and unconditionally any and all rights of subrogation to the rights of the Administrative Agent hereunder or under any other Loan
Document. All guaranties and endorsements of any Loan Document shall contain a waiver of subrogation approved by the Administrative Agent. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 -25-

 IN WITNESS WHEREOF, the Borrower has executed this Security Instrument as of the day and
year first above written. 
  

			
	BORROWER:
	
	 HEARTLAND PAYMENT SYSTEMS, INC.,
 a Delaware corporation

		
	By:	 	/s/ Robert H.B. Baldwin, Jr.
		 	Name: Robert H.B. Baldwin, Jr.
		 	Title: President and Chief Financial Officer

 ACKNOWLEDGMENT 
 STATE OF New Jersey 
 COUNTY OF MERCER 

BEFORE ME, the undersigned, a Notary Public in and for the above-named County and State, this 20th day of January, 2011,
personally appeared Robert Baldwin, Jr , as President & Chief Financial Officer of Heartland Payment Systems, Inc., a Delaware corporation, and acknowledged the execution of the foregoing Mortgage and Security
Agreement. 
 WITNESS my hand and notarial seal. 

 

			
	/s/ Antoinette Battiato
	      Notary Public

 My Commission expires: 
 10/5/2013 

 

	
	Antoinette Battiato
	Printed Name
	Resident of MERCER County.

 This instrument was prepared by: 

Keith D. Mull 

MULL & HEINZ, LLC 
 2867 Charlestown Road 
 New Albany, Indiana 47150 

(812) 206-2315 
 * I affirm,
under the penalties for perjury, that I have taken reasonable care to redact each Social Security Number in this document, unless required by law. Keith D. Mull 

 EXHIBIT A  

LEGAL DESCRIPTION 
 The
following is a legal description prepared this 17th day of February, 2006, of real property being a part of Survey #14 of the Illinois Grant, Utica Township, Clark County, Indiana, being depicted in a survey by Paul Primavera & Associates,
Job No. 05-10450, more particularly described as follows: 
 Commencing at the North corner of said Survey #14; thence
along the Northwest line of said Survey #14 South 54° 35' 43" West 813.21 feet to the East corner of said Survey #23; thence continuing South 54° 35' 43" West 74.58 feet to the Southwesterly right-of-way line of
Centennial Boulevard; thence along said right-of-way as follows: along a non-tangent curve to the right (said curve having a radius of 670.00 feet, a chord bearing South 49° 10' 33" East, and a chord length of 498.08 feet) a distance
of 510.33 feet; thence South 27° 21' 20" East 94.18 feet; thence along a tangent curve to the right (said curve having a radius of 30.00 feet, a chord bearing South 18° 07' 00" West, and a chord length of 42.08 feet) a
distance of 46.64 feet; thence South 63° 35' 21" West 39.50 feet; thence South 26° 24' 39" East 60.00 feet; thence North 63° 35' 21" East 40.49 feet; thence along a tangent curve to the right (said curve
having a radius of 30.00 feet, a chord bearing South 71 ° 53' 00" East, and a chord length: of 42.78 feet) a distance of 47.63 feet; thence South 27° 21' 20" East 97.54 feet; thence along a tangent curve to the right
(said curve having a radius of 1970.00 feet, a chord bearing South 17° 29' 58" East, and a chord length of 674.44 feet) a distance of 677.78 feet to a Jacobi, Toombs, and Lanz pin and cap at the East corner of that property conveyed to
WBW Real Estate, LLC, in Instrument #200521211 and the point of beginning; thence continuing on a curve to the right (said curve having a radius of 1970.00 feet, a chord bearing South 00° 19' 39" East, and a chord length of 501.68
feet) a distance of 503.05 feet to a #5 reinforcing bar with a yellow plastic cap stamped “Primavera & Assoc. #0049", hereinafter this type of monument is referred to as a capped reinforcing bar; thence along a tangent curve to
the right (said curve having a radius of 30.00 feet, a chord bearing South 52° 26' 21" West, and a chord length of 42.43 feet) a distance of 47.13 feet to a capped reinforcing bar; thence North 82° 34' 10" West 39.99 feet
to a capped reinforcing bar; thence South 07° 25' 50" West 60.00 feet to a capped reinforcing bar; thence South 82° 34' 10" East 38.61 feet to a capped reinforcing bar; thence along a tangent curve to the right (said
curve having a radius of 30.00 feet, a chord bearing South 36° 26' 16" East, and a chord length of 41.61 feet) a distance of 45.98 feet; thence South 09° 41' 43" West 146.95 feet to a capped reinforcing bar; thence along
a tangent curve to the left (said curve having a radius of 662.62 feet, a chord bearing South 11 ° 52' 04" East, and a chord length of 487.06 feet) a distance of 498.75 feet to a capped reinforcing bar; thence South 33° 25'
51" East 291.35 feet to a capped reinforcing bar; thence leaving said right-of-way North 54° 52' 12" East 26.58 feet; thence South 35° 02' 26" East 291.42 feet; thence South 56° 38' 45" West 21.35 feet to a capped reinforcing bar, thence South 20° 29'
41" East 59.96 feet; thence South 32° 54'
41" East 268.85 feet; thence South 08° 04'
47" East 105.63 feet; thence South 23° 03'
58" West 84.57 feet; thence South 23° 04'
45" West 53.43 feet; thence South 22° 27' 07" West 54.46 feet; thence South 23° 32' 26" West 54.27 feet; thence South 25° 28' 29" West 10.26 feet; thence South 54° 27' 35" West 33.66 feet
to a capped reinforcing bar; thence South 33° 20' 49" East 16.52 feet to that property conveyed to the State of Indiana in Deed Drawer 14, Instrument 7253; thence along the Northwest line of said property South 54° 04'
58" West 147.82 feet to a capped reinforcing bar on the northeasterly right-of-way 

 
of Port Road; thence along said right-of-way as follows: North 42° 51' 36" West 845.83 feet to a capped reinforcing bar; thence along a tangent curve to the right (said curve having
a radius of 2774.96 feet; a chord bearing North 37° 45' 04" West, and a chord length of 494.28 feet) a distance of 494.93 feet to a capped reinforcing bar; thence North 19° 09' 47" West 391.19 feet to a capped reinforcing
bar; thence North 32° 29' 21" West 302.03 feet to a capped reinforcing bar; thence North 25° 50' 08" West 328.61 feet to a capped reinforcing bar; thence along a tangent curve to the left (said curve having a radius of
1366.28 feet, a chord length of 37.33 feet) a distance of 37.33 feet to a Jacobi, Toombs, and Lanz pin and cap at the South corner of that property conveyed to WBW Real Estate, LLC, in Instrument #200521211; thence along the Southeast line of said
property North 63° 21' 03" East 1111.71 feet to the point of beginning, containing 35.728 Acres, more or less. 
 Being a part of
those properties conveyed to North Port Development Corporation in Deed Drawer 27, Instrument 8795, Deed Drawer 29, Instrument 17322, and Deed Drawer 29, Instrument 17323.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]